Search found 564 matches

by MindBogler
Wed Feb 14, 2018 9:07 pm
Forum: Forum Issues and Administration
Topic: Black Theme for Site?
Replies: 38
Views: 2962

Re: Black Theme for Site?

I avoid sites with white text on black background and would oppose this proposed change. Victoria If it were just another theme that could be chosen in your personal user profile I wouldn't care. Black backgrounds with white text give me a visual disturbance that persists for several minutes. For t...
by MindBogler
Thu Feb 08, 2018 7:04 pm
Forum: Investing - Theory, News & General
Topic: NYT: "84 percent of all stocks owned by Americans belong to the wealthiest 10 percent"
Replies: 14
Views: 1805

Re: NYT: "84 percent of all stocks owned by Americans belong to the wealthiest 10 percent"

I don't keep thousands of dollars in my checking account. I prefer to put my cash to work. That might be your policy but it completely misses the point of my statement. Most Americans are spending as fast as they earn, and have zero or relatively little savings, so it should come as no surprise tha...
by MindBogler
Thu Feb 08, 2018 6:38 pm
Forum: Investing - Theory, News & General
Topic: NYT: "84 percent of all stocks owned by Americans belong to the wealthiest 10 percent"
Replies: 14
Views: 1805

Re: NYT: "84 percent of all stocks owned by Americans belong to the wealthiest 10 percent"

nakatomi wrote:
Thu Feb 08, 2018 6:35 pm
I was surprised to learn that the stock ownership was that concentrated among households.
It shouldn't be that surprising, because the majority of American households don't even have a few thousand dollars in their bank account.
by MindBogler
Thu Feb 08, 2018 6:05 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 5575
Views: 1261182

Re: U.S. stocks in freefall

WhiteMaxima wrote:
Thu Feb 08, 2018 6:02 pm
That's why BH will never beat WB.
I guess no one informed us we were in competition? :oops:
by MindBogler
Wed Feb 07, 2018 10:22 pm
Forum: Personal Finance (Not Investing)
Topic: Financial Hole
Replies: 163
Views: 13288

Re: Financial Hole

As I mentioned it was off the top of my head,there are probably some small things I forgot that would add up. One thing I've been working on is my food for work etc. But yes I may have forgotten auto insurance which is about $111/mo,life ins which is about $20,satellite radio for the long ride whic...
by MindBogler
Wed Feb 07, 2018 10:02 pm
Forum: Personal Finance (Not Investing)
Topic: Financial Hole
Replies: 163
Views: 13288

Re: Financial Hole

Yes wife is addicted to cigarettes,so much so that she'd rather smoke than eat...therefore a pack a day x 7 = almost $50 a week! Been with her for years and if you've ever tried to force someone to quit,by logic or otherwise you know the near impossibility. JoeSo, A quick skim of your income/expens...
by MindBogler
Wed Feb 07, 2018 9:35 pm
Forum: Investing - Help with Personal Investments
Topic: "Family View" at vanguard.com
Replies: 11
Views: 1371

Re: "Family View" at vanguard.com

Is it possible to set up our accounts in such a way that we can see the full picture, meaning all our accounts at Vanguard, joint and individual with a single login? You can set this up online without calling. There are several "levels" with the highest requiring physical paperwork. You don't need ...
by MindBogler
Wed Feb 07, 2018 6:53 pm
Forum: Personal Consumer Issues
Topic: Getting Rid of Ants in the House?
Replies: 46
Views: 2496

Re: Getting Rid of Ants in the House?

+1 on the Terro. I've also had luck using two brands at the same time, but either way you will have to leave them out for months. The ants will disappear for a few days-weeks and then resurge, if you don't have the traps out still they'll just multiply again. Kill the mound in the backyard and sprin...
by MindBogler
Wed Feb 07, 2018 6:29 pm
Forum: Investing - Theory, News & General
Topic: Bitcoin in Freefall
Replies: 162
Views: 16608

Re: Bitcoin in Freefall

Facebook is easily duplicated. You can find innumerable open source and packaged software products to create social networks. With a couple days of configuration, you could put something online for <$10/month that replicates most of the features people care about on Facebook (obviously the cost wou...
by MindBogler
Wed Feb 07, 2018 3:27 pm
Forum: Investing - Theory, News & General
Topic: Bitcoin in Freefall
Replies: 162
Views: 16608

Re: Bitcoin in Freefall

Well depending on what you mean by infinitely replaceable, wouldn't all software fit that definition? The Bitcoin argument is that the supply of Bitcoins is capped. However, it's not clear how much this matters since the code is open source and a second Bitcoin can be created that has identical cod...
by MindBogler
Tue Feb 06, 2018 9:25 pm
Forum: Investing - Theory, News & General
Topic: Bitcoin in Freefall
Replies: 162
Views: 16608

Re: Bitcoin in Freefall

A valid question. Many of the up-and-coming projects have the value of the coin tied to the project’s real world adoption/success in some way, as opposed to just being a “currency” and nothing else like BTC and it’s derivitaves. How can something that is infinitely replaceable have any value? No on...
by MindBogler
Tue Feb 06, 2018 8:27 pm
Forum: Personal Finance (Not Investing)
Topic: Am I saving too much for retirement?
Replies: 102
Views: 10966

Re: Am I saving too much for retirment?

However, at my age I find it difficult to have any realistic idea of my spending in 30+ years. I'm currently saving 15% of my income into a traditional 401K with an additional 9% match from my employer. I also save $5,500 annually into a roth IRA. My goal has been to continue to raise my contributi...
by MindBogler
Mon Feb 05, 2018 10:09 pm
Forum: Investing - Help with Personal Investments
Topic: Stay the course? Edited to Staying the course!
Replies: 22
Views: 2168

Re: Stay the course?

Advice, please- Finally invested part of my non-retirement saving in the market 2 weeks ago. I know that the general advice is to try to avoid market timing and play the long game. But now I am at a loss of what to do. Do nothing! Stop watching the 24 hour news cycle, it is toxic to your mental hea...
by MindBogler
Mon Feb 05, 2018 9:17 pm
Forum: Investing - Theory, News & General
Topic: RBD alert [Really Bad Day]
Replies: 86
Views: 10006

Re: RBD alert [Really Bad Day]

About the only good thing about this sudden downdraft in the stock market is that I won't have to worry about rebalancing for a while. My decision to gently rebalance from stocks to bonds as the market kept hitting new highs looks pretty good now. I started this process in July 2013 and continued u...
by MindBogler
Mon Feb 05, 2018 8:17 pm
Forum: Investing - Theory, News & General
Topic: Vanguard site is crashed now?
Replies: 188
Views: 14500

Re: vanguard website crash and risk with staying there

Systems get overloaded sometimes, this isn't a risk if you aren't trying to panic sell with the rest of the herd.
by MindBogler
Mon Feb 05, 2018 7:36 pm
Forum: Personal Finance (Not Investing)
Topic: MS Money replacement
Replies: 16
Views: 1343

Re: MS Money replacement

We switched to YNAB and spreadsheets. I'm not sure if you can still buy the old YNAB client, though, they are pushing heavily towards a software as a service (SaaS) model. We budget in YNAB and track investments with Google Sheets. That has worked well enough for now.
by MindBogler
Mon Feb 05, 2018 7:15 pm
Forum: Investing - Theory, News & General
Topic: RBD alert [Really Bad Day]
Replies: 86
Views: 10006

Re: RBD alert

That is a major reason ETF’s give me the willies... I like that I can put a trade in for TSM for the closing price and not have to worry about getting killed in a momentary blip on the exchange..... That's not how it works, though. You would generally set a limit order to purchase an ETF and so a m...
by MindBogler
Sun Feb 04, 2018 6:18 pm
Forum: Personal Consumer Issues
Topic: Potential employer wants me to give offer - how to respond?
Replies: 58
Views: 4947

Re: Potential employer wants me to give offer - how to respond?

You should go to salary.monster.com or look directly at the data from bls.gov to understand the current ranges for your position and metro area. You should ask for something that falls in those ranges, but is 10-20% higher than you are currently being paid. I usually attempt for a salary that is aro...
by MindBogler
Sun Feb 04, 2018 4:45 pm
Forum: Investing - Theory, News & General
Topic: Blood in the water- buying?
Replies: 117
Views: 15893

Re: Blood in the water- buying?

This dip is nothing percentage wise and nothing after such a long term run up. Just keep doing what your doing. It's really intriguing to me to observe human behavior. It appears that many people have been conditioned by the constant increase in the market over the last several years of this run. W...
by MindBogler
Sun Feb 04, 2018 2:03 pm
Forum: Investing - Help with Personal Investments
Topic: Buy Low, Don't Sell
Replies: 38
Views: 5346

Re: Buy Low, Don't Sell

The stock market is the ultimate Rorschach test. Never has so much human effort been expended in search of patterns that simply don't exist. The notion of "I'll buy when it is down" is based on a self-delusion [that you'll know when]. There is plenty of evidence to support the notion that duration o...
by MindBogler
Sat Feb 03, 2018 4:21 pm
Forum: Investing - Help with Personal Investments
Topic: Index Funds During Stock Market Decline?
Replies: 20
Views: 1988

Re: Index Funds During Stock Market Decline?

Hello all! I have been contributing to my Vanguard Target Date Funds with 200 a month. And the past week the stock market has been down, and I'm worried sooner or later it's going to crash (as perhaps a correction might be in order). So, if it crashes, or even just declines should I (and everyone e...
by MindBogler
Sat Feb 03, 2018 4:10 pm
Forum: Investing - Theory, News & General
Topic: Alan Greenspan says there are bubbles in both stocks and bonds
Replies: 87
Views: 7905

Re: Alan Greenspan says there are bubbles in both stocks and bonds

Furthermore, while people falsely remember it now as a quick bounce back and continuous smooth climb, in reality, especially during the first four years, there was constant talk about the rise being a "dead cat bounce" and a "value trap" and so forth, and there were many moments when people suspect...
by MindBogler
Sat Feb 03, 2018 3:42 pm
Forum: Investing - Theory, News & General
Topic: Starting to feel like the late 1990s?
Replies: 145
Views: 12634

Re: Starting to feel like the late 1990s?

I disagree. I may not agree with all his views but I think Krugman is one of the few credible economists writing regularly. Please feel free to list any others you find are more credible. I don't find any economists credible, but perhaps I have a more rigorous definition of proof than most. Krugman...
by MindBogler
Sat Feb 03, 2018 3:38 pm
Forum: Personal Finance (Not Investing)
Topic: How am I doing on 529 plan contributions?
Replies: 13
Views: 1138

Re: How am I doing on 529 plan contributions?

I am trying to figure out how much my target needs to be for my son's college education. We just have one kid who is 4 years old. I have been contributing about 10K per year depending on the year's bonus. So right now, the 529 balance on the Fidelity Delaware 529 plan is about $50K, as the market h...
by MindBogler
Sat Feb 03, 2018 1:17 pm
Forum: Personal Consumer Issues
Topic: Relearning Calculus
Replies: 81
Views: 5983

Re: Relearning Calculus

CFR wrote:
Fri Feb 02, 2018 1:49 pm
To understand why/how, then study Physics, Semiconductor Physics, Statics, Dynamics, Engineering in general.

CFR
I wholeheartedly agree. Studying Physics made calculus both tangible and useful.
by MindBogler
Fri Feb 02, 2018 7:40 pm
Forum: Personal Consumer Issues
Topic: How to receive large payment for a boat, PayPal vs Wire
Replies: 31
Views: 1961

Re: How to receive large payment for a boat, PayPal vs Wire

Meet at purchasers bank with the boat. Go to cashier with them and watch them get a cashiers check. Take the check and give them the title. Unhook the boat and go. You will get hosed if you use PayPal. You won't necessarily get hosed if you use PayPal, but you will have an unnecessary transaction f...
by MindBogler
Wed Jan 31, 2018 4:10 pm
Forum: Personal Finance (Not Investing)
Topic: How Long For Mortgage Term?
Replies: 36
Views: 3405

Re: How Long For Mortgage Term?

What you say is right IF both 30 and 15 year terms are of identical rate. But that's never the case. So a 5 year stint will fall expensive using a longer term loan. What I said is true regardless of the rate or term. There is no frontloaded interest on either loan. This is a common misunderstanding...
by MindBogler
Wed Jan 31, 2018 11:46 am
Forum: Personal Finance (Not Investing)
Topic: The housing nowadays
Replies: 64
Views: 5857

Re: The housing nowadays

Yes, the VA also makes loans to veterans and spouses of deceased military personnel in addition to active duty personnel. But don't all of those people also receive free health care? I was only answering your question about why the VA has such a low rate of default, not making any general statement...
by MindBogler
Wed Jan 31, 2018 11:31 am
Forum: Personal Finance (Not Investing)
Topic: How Long For Mortgage Term?
Replies: 36
Views: 3405

Re: How Long For Mortgage Term?

Check out the 5/5 ARM from Pentagon FCU. If that won't work then go with 5/1 or 7/1. Interest paid is not only higher in the 30 year fixed but front loaded. So in 5 years you would have paid off very little in principal and built very little in equity. With an ARM at least the interest you've paid ...
by MindBogler
Tue Jan 30, 2018 6:50 pm
Forum: Personal Finance (Not Investing)
Topic: The housing nowadays
Replies: 64
Views: 5857

Re: The housing nowadays

"Military culture" is what the author calls it. Basically, the VA makes loans to military personnel, a self-selected group who have certain advantages over the general population such as relative job security, predictable pay with regular increases, a good retirement plan, and free health care alon...
by MindBogler
Tue Jan 30, 2018 6:00 pm
Forum: Personal Finance (Not Investing)
Topic: The housing nowadays
Replies: 64
Views: 5857

Re: The housing nowadays

this may be naive / short sighted, but if you can't put 20% down you have no business getting wrapped up in such a big financial decision. How can you reconcile your opinion with the fact that the VA home loan program requires 0% down and has the lowest rate of default? https://www.va.gov/opa/press...
by MindBogler
Tue Jan 30, 2018 9:10 am
Forum: Personal Consumer Issues
Topic: WHY do wireless routers need periodic reboots?
Replies: 117
Views: 8691

Re: WHY do wireless routers need periodic reboots?

The symptom is that at intervals of weeks, my Mac, which is plugged into an Ethernet jack, continues to access the Internet, but all wireless devices (Samsung Galaxy Luna running Android 6.x, Samsung Galaxy Tab-something running Android 7.x, wife's iPad Air) all report that they are not connected t...
by MindBogler
Mon Jan 29, 2018 9:13 am
Forum: Personal Consumer Issues
Topic: WHY do wireless routers need periodic reboots?
Replies: 117
Views: 8691

Re: WHY do wireless routers need periodic reboots?

The suggestions of form "you have a low quality router." "How do I tell what is a high-quality router?" "Buy one and see if you need to reboot it. If you don't, it is high quality; if you do, it is another low quality router" don't quite do it for me. While pulling the plug on a timer might work fo...
by MindBogler
Sun Jan 28, 2018 4:42 pm
Forum: Investing - Theory, News & General
Topic: rebalance based on pre or post tax values?
Replies: 9
Views: 564

Re: rebalance based on pre or post tax values?

If you plan to do no Roth conversions prior to taking elective or compulsory distribution then you should rebalance on post tax values. If you do plan to do Roth conversions, it is very difficult to predict the effective tax rate you will pay. For this reason I choose to keep things simple and rebal...
by MindBogler
Sun Jan 28, 2018 1:25 pm
Forum: Investing - Theory, News & General
Topic: Starting to feel like the late 1990s?
Replies: 145
Views: 12634

Re: Starting to feel like the late 1990s?

I think it is important to read pieces written by people that you disagree with. I would read Paul Krugman if his articles were more objective and frankly more humble. I am sure he is a thoughtful and intelligent guy but he has gotten to the point where he just dismisses those who disagree with him...
by MindBogler
Sun Jan 28, 2018 12:43 pm
Forum: Investing - Theory, News & General
Topic: Starting to feel like the late 1990s?
Replies: 145
Views: 12634

Re: Starting to feel like the late 1990s?

Your view of him is shaped by your disagreement with his politics and the fact that he has a rather large platform on which to share his views-- and I think you should admit that to yourself. I believe that not every opinion in the world has to be shaped through the interminable lens of politics. W...
by MindBogler
Sun Jan 28, 2018 12:19 pm
Forum: Investing - Theory, News & General
Topic: Starting to feel like the late 1990s?
Replies: 145
Views: 12634

Re: Starting to feel like the late 1990s?

Despite the run up I am feeling somewhat bullish. US stocks are indeed frothy but overseas they are rather cheap. The PE ratio of my portfolio is only 14.7 according to Morningstar and Paul Krugman should have known better. At least he didn't say "We will be able to say merry christmas again". :twi...
by MindBogler
Sun Jan 28, 2018 11:46 am
Forum: Personal Consumer Issues
Topic: WHY do wireless routers need periodic reboots?
Replies: 117
Views: 8691

Re: WHY do wireless routers need periodic reboots?

Why? I don't get it. It's firmware. It's not constantly loading dozens of different applications from different vendors, some of whom might not have caught all their memory leaks. It's supposed to be tested, debugged code. Most consumer grade routers are just poorly designed. This is common behavio...
by MindBogler
Sat Jan 27, 2018 4:02 pm
Forum: Personal Finance (Not Investing)
Topic: What hourly consulting rate outside my day job?
Replies: 28
Views: 1453

Re: What hourly consulting rate outside my day job?

I wouldn't entertain consulting work unless it was a minimum of 2x regular salary. Think about it, you have to pay self employment tax. And the income will also be subject 100% to your marginal tax rate. Some of it also may be pushed into a higher bracket. I work in IT and it is not uncommon to see ...
by MindBogler
Fri Jan 26, 2018 8:27 am
Forum: Investing - Help with Personal Investments
Topic: Turn 75,000 into 1 million
Replies: 42
Views: 6787

Re: Turn 75,000 into 1 million

A fairly simple analysis reveals that if the OP can max a 401k ($18,500) and Roth IRA ($5500) each year and achieve a 5% real return (CAGR), they will reach $992,580 in 22 years. This will require an aggressive portfolio and saving additional money. The poster reveals nothing about their income or e...
by MindBogler
Thu Jan 25, 2018 8:13 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio review. 36yo: been in cash/bonds a long time, need guidance.
Replies: 29
Views: 2919

Re: Portfolio review. 36yo: been in cash/bonds a long time, need guidance.

[*]Does the proposed asset allocation (and funds) look ok? I am open to suggestions. My concern for you is that you've been so conservative for so long that it will be difficult to adjust. If I might make a suggestion, I think what amounts to a 75/25 portfolio is too aggressive for you. Pick someth...
by MindBogler
Thu Jan 25, 2018 2:16 pm
Forum: Personal Finance (Not Investing)
Topic: Almost 34 years old... Looking for Career Ideas with realistic High Earning Potential
Replies: 31
Views: 3130

Re: Almost 34 years old... Looking for Career Ideas with realistic High Earning Potential

I posted a while back about my 63k salary as an IT tech. Truth is, I'm completely burned out and tired of IT. Maybe it's this specific job (IT Managed Services for a very small company (only myself and the owner)), but it's gotten to the point where I have ZERO patience. I'm tired of the demands an...
by MindBogler
Wed Jan 24, 2018 9:50 pm
Forum: Personal Finance (Not Investing)
Topic: Cost of living comparison (HCOL vs LCOL)
Replies: 85
Views: 5922

Re: Cost of living comparison (HCOL vs LCOL)

I believe on average major metro areas will see higher land value appreciation than more remote locations in the next 20-30 years. Am I being delusional or have a short memory? I already described my theory for why this is true. The theory states that humans have an intrinsic desire to "cluster" am...
by MindBogler
Tue Jan 23, 2018 3:06 pm
Forum: Personal Finance (Not Investing)
Topic: Cost of living comparison (HCOL vs LCOL)
Replies: 85
Views: 5922

Re: Cost of living comparison (HCOL vs LCOL)

Sure, sometimes a HCOLA could become a LCOLA. That is again another groundbreaking change that I wouldn't bet on in any reasonable amount of time. I wouldn't hold out on waiting for NYC to become a LCOLA if you really want to live there. My point was perhaps too subtle. I didn't see anyone in the t...
by MindBogler
Tue Jan 23, 2018 2:56 pm
Forum: Personal Finance (Not Investing)
Topic: Trying to pay down mortgage, but...
Replies: 32
Views: 2938

Re: Trying to pay down mortgage, but...

So many banks make it difficult to do this for auto loans, home loans, you name it. I can't help but think it is intentional. :x
by MindBogler
Tue Jan 23, 2018 11:04 am
Forum: Personal Finance (Not Investing)
Topic: Cost of living comparison (HCOL vs LCOL)
Replies: 85
Views: 5922

Re: Cost of living comparison (HCOL vs LCOL)

boglegirl wrote:
Tue Jan 23, 2018 10:58 am
You made me look. Wow, for $2.85 million, I expected a nicer kitchen. :shock:
I'd expect a nicer everything. I can't help but wonder who actually buys these things.
by MindBogler
Tue Jan 23, 2018 10:53 am
Forum: Personal Finance (Not Investing)
Topic: Cost of living comparison (HCOL vs LCOL)
Replies: 85
Views: 5922

Re: Cost of living comparison (HCOL vs LCOL)

Without one of these ground breaking changes you are unlikely to see the backwoods or swamps of most LCOL areas turn into an industrial powerhouse. So, buying a home in a random LCOLA and waiting for such a change is a losing bet. That's all great for history but absent some change, HCOL will event...
by MindBogler
Sun Jan 21, 2018 10:28 am
Forum: Investing - Theory, News & General
Topic: Vanguard will use blockchain to share index data
Replies: 56
Views: 5760

Re: Vanguard will use blockchain to share index data

Blockchain is essentially a technology (in the layman's term) to establish a ledger (or any piece of information) on many different computers at the same time. It makes sure it is consistent, secure, and is incredibly difficult to hack. One of the problems I see with blockchain is its proponents' i...
by MindBogler
Thu Jan 11, 2018 5:33 pm
Forum: Investing - Theory, News & General
Topic: Why Buy Bonds If You Have A Mortgage?
Replies: 187
Views: 17865

Re: Why Buy Bonds If You Have A Mortgage?

Admiral wrote:
Thu Jan 11, 2018 4:18 pm
Therefore, prepaying (or even holding) a mortgage, while clearly helpful on the balance sheet, is not the same as owning bonds.
Succinct.
by MindBogler
Wed Jan 10, 2018 7:49 pm
Forum: Investing - Theory, News & General
Topic: Why Buy Bonds If You Have A Mortgage?
Replies: 187
Views: 17865

Re: Why Buy Bonds If You Have A Mortgage?

Several people including yourself have alluded to the folly of paying of low interest rate mortgages. But if you consider that many authoritative authors in the Boglehead camp such as Mr. Bogle himself, Mr. Bernstein, etc etc argue that we are in a low returns future for a while. We may be looking ...