Search found 587 matches

by MindBogler
Mon Apr 02, 2018 6:16 pm
Forum: Investing - Theory, News & General
Topic: Is Lockheed Martin about to become the biggest company in history?
Replies: 66
Views: 6394

Re: Is Lockheed Martin about to become the biggest company in history?

There are many companies working on fusion and eventually someone is going to succeed. I would be surprised if Lockheed was the company to do so, but regardless, when it happens, it will be a boon for all of humanity. Solar energy has a niche but it will never be a viable power source outside of the...
by MindBogler
Thu Mar 29, 2018 8:15 pm
Forum: Personal Finance (Not Investing)
Topic: Letter to your beneficiaries / heirs "In case I croak"
Replies: 11
Views: 1086

Re: Letter to your beneficiaries / heirs "In case I croak"

With all due respect, it isn’t an “in case I croak” letter but a “when I croak” letter. But I digress. Maybe not, the world doesn't need to be so absolute. In our family's case, with young teenage children the letter is indeed meant for "in case I croak." When they are older, we are older, and deat...
by MindBogler
Thu Mar 29, 2018 6:27 pm
Forum: Personal Finance (Not Investing)
Topic: Letter to your beneficiaries / heirs "In case I croak"
Replies: 11
Views: 1086

Re: Letter to your beneficiaries / heirs "In case I croak"

This is exactly what we have done for our heirs and family, including recommendations on how the funds might be managed to best effect.
by MindBogler
Wed Mar 28, 2018 8:07 am
Forum: Investing - Theory, News & General
Topic: KF Annual Expense Based Personal Finance Strategy
Replies: 149
Views: 6279

Re: KF Annual Expense Based Personal Finance Strategy

I am a student; my current annual expense seems unrelated to what I expect to spend in 20 or 30 years. I think this system is exceptionally simplified to the point of having too many exceptions. I'd say the system and math involved is actually deceptively simple and correct. The problem is that for...
by MindBogler
Tue Mar 27, 2018 8:03 am
Forum: Personal Consumer Issues
Topic: Anyone Deleting Facebook?
Replies: 329
Views: 21685

Re: Anyone Deleting Facebook?

div/0 I can't delete what I never had. I've never understood the willingness to share so much private information with a public company. The recent events have only further vindicated my position with formerly incredulous peers, friends and family. I've been defending this position incessantly since...
by MindBogler
Mon Mar 26, 2018 10:38 pm
Forum: Investing - Theory, News & General
Topic: Grok's LMP-4: The 3-legged stool approach to retirement planning
Replies: 114
Views: 7500

Re: Grok's LMP-4: The 3-legged stool approach to retirement planning

I agree we don't really know how tips will hold up in a hyperinflation scenario. One obvious point is that it would be important to hold them in the tax sheltered accounts in that scenario. Otherwise one would get killed on taxes. I suppose it would be fair to say that they would retain more of the...
by MindBogler
Mon Mar 26, 2018 8:38 pm
Forum: Investing - Theory, News & General
Topic: Grok's LMP-4: The 3-legged stool approach to retirement planning
Replies: 114
Views: 7500

Re: Grok's LMP-4: The 3-legged stool approach to retirement planning

The big question mark I have about TIPS generally is how well would they actually track inflation when they were really needed? Let's assume a 1975-85 scenario, would they actually hold up or would the latency between hyperinflation and each periodic 6 month payment / adjustment be too high and even...
by MindBogler
Mon Mar 26, 2018 8:05 am
Forum: Personal Finance (Not Investing)
Topic: What Budget? Do you keep one?
Replies: 116
Views: 7079

Re: What Budget? Do you keep one?

We used MS Money before finally switching over to YNAB a few years back. It is nice to have an uninterrupted history of spending habits for close to 10 years. The interesting thing is, with the exception of an auto loan, we can see that our spend has remained mostly constant for the last 5 years whi...
by MindBogler
Sun Mar 25, 2018 11:13 am
Forum: Investing - Theory, News & General
Topic: Seasoned bogleheads repressing the thought of lower expected returns
Replies: 178
Views: 11860

Re: Seasoned bogleheads repressing the thought of lower expected returns

We have jobs in two uncorrelated industries. We have a high savings rate between 30-40% depending on the year. The market isn't something you can set your watch by. There is a dispersion of potential outcomes. The expected return even with CAPE where it stands today is still positive. The market cou...
by MindBogler
Mon Mar 19, 2018 5:06 pm
Forum: Personal Finance (Not Investing)
Topic: Can I Retire at 38?
Replies: 118
Views: 12557

Re: Can I Retire at 38?

Forget all the naysayers, they are all wrong IMO... with one exception. You cannot retire in California, at least not SoCal. You can move too a lower COL area and easily retire or do what interests you.
by MindBogler
Mon Mar 19, 2018 9:54 am
Forum: Personal Finance (Not Investing)
Topic: Real Estate Issue -- Monthly Payment too High with VA Loan
Replies: 19
Views: 674

Re: Real Estate Issue -- Monthly Payment too High with VA Loan

Carefreeap wrote:
Mon Mar 19, 2018 9:47 am
Something else is going on if you bought the property a few years back and it's NOW a problem. That 3.5% interest rate is a keeper if you can't recast a VA loan.
One of the downsides of a VA loan is they do not allow them to be recast.
by MindBogler
Sat Mar 17, 2018 5:04 pm
Forum: Personal Finance (Not Investing)
Topic: Bought house six months ago - now feeling like we're treading water and can't save money
Replies: 189
Views: 16425

Re: Bought house six months ago - now feeling like we're treading water and can't save money

Drop the tithe or reduce it by at least half. You have to look out for yourself first, the church will do just fine either way. Ask yourself, if you fall on financial hardship, are they going to rescue you?
by MindBogler
Sat Mar 17, 2018 4:47 pm
Forum: Investing - Theory, News & General
Topic: Market Efficiency - Or Not
Replies: 33
Views: 2464

Re: Market Efficiency - Or Not

MJW wrote:
Sat Mar 17, 2018 4:18 pm
MindBogler wrote:
Sat Mar 17, 2018 4:09 pm
willthrill81 wrote:
Sat Mar 17, 2018 3:37 pm
Do you have a method to outperform the inefficient market then?
Nope, but I don't think it is out of the realm of possibility. I have no interest in it.
I also don't think it follows that the lack of a viable alternative is confirmation of a wise or efficient market.
A great point! :beer
by MindBogler
Sat Mar 17, 2018 4:09 pm
Forum: Investing - Theory, News & General
Topic: Market Efficiency - Or Not
Replies: 33
Views: 2464

Re: Market Efficiency - Or Not

willthrill81 wrote:
Sat Mar 17, 2018 3:37 pm
Do you have a method to outperform the inefficient market then?
Nope, but I don't think it is out of the realm of possibility. I have no interest in it.
by MindBogler
Sat Mar 17, 2018 3:33 pm
Forum: Investing - Theory, News & General
Topic: Market Efficiency - Or Not
Replies: 33
Views: 2464

Re: Market Efficiency - Or Not

In a casino, the odds are stacked against you. That's not the case with equities, where the expected outcome is positive. Investing in equities is like running the casino. The odds are in your favor but sometimes you have to pay out. I do not accept that the market is efficient or the idea that all...
by MindBogler
Sat Mar 17, 2018 2:55 pm
Forum: Personal Finance (Not Investing)
Topic: Say I Can Scrape Up Some Money, Then What Do I Do?
Replies: 15
Views: 1219

Re: Say I Can Scrape Up Some Money, Then What Do I Do?

Pay down the home equity loan first. Your business auto loan is probably deductible against business income? Pay off those 0% loans on schedule. The most important thing in all of this is to avoid opening these miscellaneous accounts in the future! If you have an adequate emergency fund you would ne...
by MindBogler
Thu Mar 15, 2018 5:14 pm
Forum: Investing - Help with Personal Investments
Topic: Should I wait until the end of March to sell VBILX?
Replies: 18
Views: 1476

Re: Should I wait until the end of March to sell VBILX?

Um VBILX Intermediate-Term Bond Index Fund Admiral is 50% corporate bonds. :confused Sorry, I mixed up my bond funds so you are rightly confused! :oops: For some reason I mistook that ticker symbol, I was actually referring to my preference for the intermediate treasury-only fund(s): VFIUX/VFITX
by MindBogler
Thu Mar 15, 2018 5:08 pm
Forum: Personal Finance (Not Investing)
Topic: At what point does it make sense to pay down your mortgage?
Replies: 76
Views: 7883

Re: At what point does it make sense to pay down your mortgage?

I have a 30 year 3.25% note with 28 years remaining. We're at the point where I can buy a CD and almost get better return on capital than prepaying this mortgage. I think the odds that we make it 28 years without an inflation print in excess of 3.25% for at least a handful of years is quite low. So ...
by MindBogler
Thu Mar 08, 2018 8:37 pm
Forum: Investing - Help with Personal Investments
Topic: Should I wait until the end of March to sell VBILX?
Replies: 18
Views: 1476

Re: Should I wait until the end of March to sell VBILX?

I think VBILX is a superior choice compared to VBTLX for fixed income but that's my personal preference. I'm not a fan of corporate bonds or MBS.
by MindBogler
Wed Mar 07, 2018 7:32 pm
Forum: Investing - Help with Personal Investments
Topic: Ok fellow bogleheads, was the correction scary or nothing?
Replies: 147
Views: 10460

Re: Ok fellow boggelheads, was the correction earlier this year scary?

I had a similar experience with 2000-01. It just really didn't resonate in my consciousness because I had no assets worth worrying about anyways and entry-level positions were fine. That is when I learned my first lesson. I started investing in 1998 through a financial advisor. He had me invested a...
by MindBogler
Thu Mar 01, 2018 6:51 pm
Forum: Investing - Theory, News & General
Topic: American Funds Actuve Management beats Index Funds
Replies: 16
Views: 1918

Re: American Funds Actuve Management beats Index Funds

As long as the shares are R class and of the low fee variety, you could do a lot worse than American Funds. Growth Fund of America has been a decent fund over a long period of time as long as the fees for the share class are low. My spouse's 401k has American Funds R2 class which doesn't have the sa...
by MindBogler
Wed Feb 28, 2018 10:25 pm
Forum: Investing - Theory, News & General
Topic: Why have Emergency Funds?
Replies: 54
Views: 4110

Re: Why have Emergency Funds?

But people here are exceptional people, nothing like this will happen to them ever. /sarcasm end This is disingenuous. The point has been made many times that you need to anticipate a stock crash at the time you have your emergency. No it really isn't. The fact remains that for many industries and ...
by MindBogler
Wed Feb 14, 2018 9:07 pm
Forum: Forum Issues and Administration
Topic: Black Theme for Site?
Replies: 38
Views: 3410

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: 1890

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: 1890

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: 6393
Views: 1371622

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: 13828

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: 13828

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: 1439

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: 2683

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: 166
Views: 18808

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: 166
Views: 18808

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: 166
Views: 18808

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: 105
Views: 12998

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: 2287

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: 10399

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: 15218

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: 1445

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: 10399

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: 63
Views: 6037

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: 16310

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: 5498

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: 2209

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: 8215

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: 12954

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: 1203

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: 6263

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: 2051

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: 3500

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...