Search found 924 matches

by MoonOrb
Sun Jan 21, 2018 10:29 am
Forum: Personal Consumer Issues
Topic: Short Commute or Nicer House?
Replies: 142
Views: 7162

Re: Short Commute or Nicer House?

Short commute is an alignment of things that are generally good for you (more time, less stress, less house to take care of, fewer things to buy to fill it with) and generally good for society (less gas consumed, contributing less to urban sprawl).
by MoonOrb
Sat Jan 20, 2018 1:15 pm
Forum: Personal Consumer Issues
Topic: Do we need an emergency supplies kit (go bag)?
Replies: 50
Views: 3797

Re: Do we need an emergency supplies kit (go bag)?

Yes, of course. But this doesn't have to be a big complicated or expensive project. This is one of those "likelihood is small but magnitude is big" type of things. The way I think of this is a go-bag is just a subset of "shelter at home" supplies, which is basically our camping equipment + some food...
by MoonOrb
Sat Jan 20, 2018 10:51 am
Forum: Investing - Help with Personal Investments
Topic: Lost money through Bitconnect scam - learned my lesson
Replies: 94
Views: 7008

Re: Lost money through Bitconnect scam - learned my lesson

mrpotatoheadsays wrote:
Sat Jan 20, 2018 10:28 am
Your Boglehead membership has been revoked.
I’d rather reserve this sanction for people who act like jerks and kick people when they’re down.
by MoonOrb
Sat Jan 20, 2018 10:00 am
Forum: Personal Finance (Not Investing)
Topic: Cash-Out Refinance vs. Tranditional Home Equitly Loan
Replies: 12
Views: 484

Re: Cash-Out Refinance vs. Tranditional Home Equitly Loan

When we were in a similar situation we used a portion of our taxable investing account. I considered this sort of thing a legitimate use of that account—the account was for emergencies, large and unexpected expenses, and retirement, in that order. I hate the idea of the credit card as a way of tryin...
by MoonOrb
Tue Jan 16, 2018 10:08 am
Forum: Investing - Theory, News & General
Topic: [Mark Cuban -] "Diversification is for idiots..."
Replies: 26
Views: 3719

Re: Diversification is for idiots...

Mark Cuban is an idiot; therefore we can expect that his investments are diversified.
by MoonOrb
Mon Jan 15, 2018 3:32 am
Forum: Personal Consumer Issues
Topic: Almost a pathological fear of debt, to my detriment?
Replies: 79
Views: 4511

Re: Almost a pathological fear of debt, to my detriment?

Yes it's to your financial detriment, but it's not among the worst financial mistakes you could make. You might consider seeing a therapist and talking through this. But really, there are financial mistakes you can make that are so much worse than this that if you are happy living your life the way ...
by MoonOrb
Sun Jan 14, 2018 3:48 pm
Forum: Investing - Theory, News & General
Topic: Heading for a top?
Replies: 103
Views: 7803

Re: Heading for a top?

Agree, and this is a reason to keep cash on hand. Next downturn could easily see both stocks and bonds go down together. Under that circumstance the rebalancing between stocks and bonds is not the ideal way to do rebalancing. Using cash to buy stocks and bonds is. I don't understand why people want...
by MoonOrb
Sun Jan 14, 2018 2:55 pm
Forum: Personal Finance (Not Investing)
Topic: Estimating health care expenses in retirement
Replies: 12
Views: 1394

Estimating health care expenses in retirement

What rules of thumb, resources, or other tools do people use to estimate health care expenses in retirement? I'm not so much looking for precision as I'm looking for ways to bring an increased degree of certainty to a situation that I anticipate will continue to remain somewhat uncertain. It would b...
by MoonOrb
Sun Jan 14, 2018 11:27 am
Forum: Investing - Theory, News & General
Topic: Dave Ramsey's Millionaire Study
Replies: 59
Views: 10287

Re: Dave Ramsey's Millionaire Study

The Dave Ramsey discussion here almost always boils down to:

His personal finance advice is or has been genuinely helpful to many people including many Bogleheads;

His investing advice is crap.
by MoonOrb
Sat Jan 13, 2018 6:05 pm
Forum: Investing - Theory, News & General
Topic: Heading for a top?
Replies: 103
Views: 7803

Re: Heading for a top?

Who cares if it is at the top? I can't understand why folks are so scared of the market dropping and losing money. It is NORMAL for the market to fall. Folks treat it as if it is so abnormal as one has to figure out a plan to avoid it. Believe it was Friedman or Keynes who famously said something t...
by MoonOrb
Sat Jan 13, 2018 12:24 am
Forum: Personal Consumer Issues
Topic: What journalism are you currently reading?
Replies: 12
Views: 776

Re: What journalism are you currently reading?

New York Times, Washington Post, and the Seattle Times.

Last year I took a nearly eight month break from all news media. It was great and peaceful and I may do it again soon.
by MoonOrb
Sun Jan 07, 2018 7:48 pm
Forum: Investing - Help with Personal Investments
Topic: A lot in taxable, or a little in Roth: a no-brainer?
Replies: 19
Views: 1250

Re: A lot in taxable, or a little in Roth: a no-brainer?

Yes, you probably have found an extreme example, but it's the type of example that proves the rule, right?
by MoonOrb
Sun Jan 07, 2018 7:09 pm
Forum: Investing - Theory, News & General
Topic: Memo to those who have won the game: it's time to quit playing
Replies: 210
Views: 17754

Re: Memo to those who have won the game: it's time to quit playing

This advice would seem to apply only to that subset of investors that do not have an appropriate asset allocation. It would probably be simpler to just say, "Have an appropriate asset allocation," but that's not exactly news around here. Yet, there is a group of folks who are at 100/0 or 90/10 or so...
by MoonOrb
Sat Jan 06, 2018 5:03 pm
Forum: Investing - Help with Personal Investments
Topic: Too much tax deferral?
Replies: 26
Views: 3350

Re: Too much tax deferral?

I've given this more consideration since I posted it. I think what's been weighing on me is I felt guilty or weird about not taking advantage of all tax-advantaged space we have. The explosion of available tax-advantaged space is a combination of (1) my awareness and greater understanding about how ...
by MoonOrb
Sat Jan 06, 2018 4:11 pm
Forum: Personal Consumer Issues
Topic: Plow Guy Raised Rates
Replies: 112
Views: 9320

Re: Plow Guy Raised Rates

Have you thought about getting into the snow plowing business? It sounds really lucrative.
by MoonOrb
Fri Jan 05, 2018 12:35 pm
Forum: Investing - Help with Personal Investments
Topic: Anyone tired of the stock market going up?
Replies: 290
Views: 26032

Re: Anyone tired of the stock market going up?

This is an exhausting start to the new year.
by MoonOrb
Fri Jan 05, 2018 5:05 am
Forum: Investing - Help with Personal Investments
Topic: Anyone tired of the stock market going up?
Replies: 290
Views: 26032

Re: Anyone tired of the stock market going up?

Bigbonds wrote:
Fri Jan 05, 2018 3:57 am
Not even one week into the new year, S&P500 up 2% and Dow 25,000! Winning :)
On pace for a 100% return this year!
by MoonOrb
Thu Jan 04, 2018 11:40 pm
Forum: Investing - Help with Personal Investments
Topic: Too much tax deferral?
Replies: 26
Views: 3350

Re: Too much tax deferral?

Roth 403b is an option. However, if we were to max out our Roth 403b's, we wouldn't be able to max out our 457s. If our income increased, my strategy would be to max out the Roth 403b's before doing any taxable investing.
by MoonOrb
Thu Jan 04, 2018 10:16 pm
Forum: Investing - Help with Personal Investments
Topic: Too much tax deferral?
Replies: 26
Views: 3350

Re: Too much tax deferral?

All of these responses have been great, thank you. I'm singling out celia's below because it was particularly helpful for me to frame this question. Here are 4 retirement scenarios for someone who has the great majority of their savings in tax-deferred: 1. They have large enough pensions or taxable ...
by MoonOrb
Wed Jan 03, 2018 11:59 pm
Forum: Investing - Help with Personal Investments
Topic: Too much tax deferral?
Replies: 26
Views: 3350

Too much tax deferral?

Is there a point at which it stops making sense to put funds into tax-deferred investments and switch instead to more of a mix of Roths or even taxable? I ask because 2/3 of our investments are in tax deferred vehicles with about 20% in Roths and just 13% in taxable. But beyond that, DW and I now ha...
by MoonOrb
Mon Jan 01, 2018 1:48 pm
Forum: Investing - Help with Personal Investments
Topic: Sanity check on portfolio in retirement
Replies: 2
Views: 313

Re: Sanity check on portfolio in retirement

I'd recommend posting in the format set out here: https://www.bogleheads.org/forum/viewtopic.php?f=1&t=6212 It would also help to know what your questions are. If your needs are met by SS + 1% of your portfolio, one point of view can simply be, Enjoy your life, you've made it. There are worse things...
by MoonOrb
Mon Jan 01, 2018 12:38 pm
Forum: Personal Consumer Issues
Topic: Plow Guy Raised Rates
Replies: 112
Views: 9320

Re: Plow Guy Raised Rates

This is not the hill I'd die on. This is firmly on the "don't sweat the small stuff" side of the ledger. Give yourself permission to be momentarily annoyed and then let this go.
by MoonOrb
Sat Dec 30, 2017 10:23 am
Forum: Personal Finance (Not Investing)
Topic: So, how was the year ? Gains made and Lessons learnt ?
Replies: 76
Views: 7066

Re: So, how was the year ? Gains made and Lessons learnt ?

I can’t report that I learned anything new this year. All I did was stick to my ISP and continue to invest. Investing is so interesting to me, because in some sense, I learned everything I needed to learn quite a few years ago and I could write it all down on the back of a cocktail napkin if I had t...
by MoonOrb
Fri Dec 29, 2017 5:43 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 4244
Views: 1146368

Re: U.S. stocks in freefall

I should know better by now, but when I saw that comment I thought “wow! What could be happening today?” only to learn that there’s a decline of like half a percent.
by MoonOrb
Fri Dec 29, 2017 11:33 am
Forum: Investing - Theory, News & General
Topic: S&P500 Indexing stay away? - does article make valid points?
Replies: 18
Views: 2618

Re: S&P500 Indexing stay away? - does article make valid points?

I don't think it makes valid points other than to say (paraphrasing) "Be more diversified than the S&P 500 index." But it doesn't say how to be more diversified, so I will tell you: Invest in US Total Stock Market Index, International Stock Market Index, and bond funds. If you are already stuck in ...
by MoonOrb
Fri Dec 29, 2017 11:32 am
Forum: Investing - Theory, News & General
Topic: S&P500 Indexing stay away? - does article make valid points?
Replies: 18
Views: 2618

Re: S&P500 Indexing stay away? - does article make valid points?

I don't think it makes valid points other than to say (paraphrasing) "Be more diversified than the S&P 500 index." But it doesn't say how to be more diversified, so I will tell you: Invest in US Total Stock Market Index, International Stock Market Index, and bond funds. If you are already stuck in ...
by MoonOrb
Wed Dec 27, 2017 3:56 pm
Forum: Personal Finance (Not Investing)
Topic: Miata as second car
Replies: 94
Views: 3858

Re: Miata as second car

I’d pay off a loan at 6.25% before I dropped money on a car I didn’t need.

I also wouldn’t freak out about paying cash for the car, but I sure wouldn’t borrow at 6.25%. Our car loan was 2.25%.
by MoonOrb
Wed Dec 27, 2017 9:39 am
Forum: Personal Finance (Not Investing)
Topic: Miata as second car
Replies: 94
Views: 3858

Re: Miata as second car

Whenever you mention aspects of your plan to buy a house or a car that either mention how you’ll pay for something or your overall income/savings level, you invite commentary by the contingent of Bogleheads who are either completely debt-averse or exceptionally frugal (often these groups overlap). I...
by MoonOrb
Tue Dec 26, 2017 7:23 pm
Forum: Personal Finance (Not Investing)
Topic: Miata as second car
Replies: 94
Views: 3858

Re: Miata as second car

It’s not crazy. The Miata is a great car. You’ll love driving it. It sounds like you’re on a solid plan to financial security. If both of you are okay with the purchase, go for it. We’ve had a Miata as our 2nd car for nearly six years and it’s great. Insurance is reasonable, by the way. Cheap so far...
by MoonOrb
Tue Dec 26, 2017 7:19 pm
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 3278
Views: 947632

Re: What Movie Have You Recently Watched?

oldcomputerguy wrote:
Tue Dec 26, 2017 8:21 am
MoonOrb wrote:
Thu Nov 23, 2017 4:04 pm
Predestination, with Ethan Hawke, a sort of noirish time travel flick based on a Heinlein short story.
Which short story? I’m a huge Heinlein fan.
Apparently a story called “All You Zombies,” although I’ve never read it.
by MoonOrb
Tue Dec 26, 2017 4:31 pm
Forum: Investing - Theory, News & General
Topic: 1st, your education. Then...Location, Location, Location
Replies: 66
Views: 8553

Re: 1st, your education. Then...Location, Location, Location

OP, 1) Many members of my family are millionaires. They ranged from never attended high school to some with graduate degrees from top schools. 2) 50% of my family members are in businesses. Then, some are salary workers. They became millionaires regardless which path they took. 3) My family is spre...
by MoonOrb
Mon Dec 25, 2017 6:53 pm
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 3278
Views: 947632

Re: What Movie Have You Recently Watched?

Documentaries count? I just finished a documentary on Amazon Prime called: Task Force Faith: The Story of the 31st Regimental Combat Team 90 minutes long and an easy watch. I like overlooked military history from before the 90s. Currently watching Apocalypse Now for background noise while cooking d...
by MoonOrb
Mon Dec 25, 2017 4:09 pm
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 3278
Views: 947632

Re: What Movie Have You Recently Watched?

I can unfortunately report that last night we watched American Assassin, which I cannot recommend at all. I feel dumber for having watched it. I didn't expect it to be good going in, but yet it failed to clear the hurdle of my low expectations by quite a lot.
by MoonOrb
Mon Dec 25, 2017 10:20 am
Forum: Local Chapters and Bogleheads Community
Topic: My Christmas Present to You
Replies: 90
Views: 8214

Re: My Christmas Present to You

Merry Christmas Taylor.

I signed on this morning just to see if this message was here, and it was. Thank you for your service, your continuing contributions, and may you have a peaceful 2018.
by MoonOrb
Sun Dec 24, 2017 11:56 am
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 3278
Views: 947632

Re: What Movie Have You Recently Watched?

BBC Culture’s 100 greatest comedies of all time http://www.bbc.com/culture/story/20170821-the-100-greatest-comedies-of-all-time So this year BBC Culture decided to get serious about comedy. We asked 253 film critics – 118 women and 135 men – from 52 countries and six continents a simple: “What do y...
by MoonOrb
Sat Dec 23, 2017 9:50 pm
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 3278
Views: 947632

Re: What Movie Have You Recently Watched?

Logan Lucky

I usually like Soderbergh's films, and this was no exception. A lot of fun, didn't take itself too seriously, good addition to the caper genre.
by MoonOrb
Thu Dec 21, 2017 10:15 pm
Forum: Personal Finance (Not Investing)
Topic: A meal with friends yields a financial revelation
Replies: 95
Views: 11766

Re: A meal with friends yields a financial revelation

I'm curious--for people mentioning "keeping score," what does this mean to you, and is it something you aspire to?

It has a really negative connotation for me...I'm wondering if maybe I'm misunderstanding it.
by MoonOrb
Wed Dec 20, 2017 10:46 pm
Forum: Personal Consumer Issues
Topic: Favorite small Colorado towns near great fishing?
Replies: 18
Views: 2494

Re: Favorite small Colorado towns near great fishing?

I came also to recommend Montrose.
by MoonOrb
Wed Dec 20, 2017 9:53 pm
Forum: Personal Finance (Not Investing)
Topic: A meal with friends yields a financial revelation
Replies: 95
Views: 11766

Re: A meal with friends yields a financial revelation

I understand your point that it is nice not to worry about finances. However it is not a good mentality to have where you just hand over the plastic no matter how well off you are. You should always pay attention to how much you are paying and whether it is a fair price particularly food and drink ...
by MoonOrb
Mon Dec 18, 2017 10:00 am
Forum: Investing - Theory, News & General
Topic: Is Menards the future of retail? If so, what does it mean?
Replies: 37
Views: 2424

Re: Is Menards the future of retail? If so, what does it mean?

This is the present of retailing—as others have mentioned it’s been going on for a while. As for what it means, it’s just a manifestation of what has been happening for decades as the world economy has become globalized and the comparative advantages of using cheap foreign labor and somewhat cheaper...
by MoonOrb
Tue Dec 12, 2017 9:17 am
Forum: Personal Consumer Issues
Topic: NBA Tickets
Replies: 24
Views: 1444

Re: NBA Tickets

If you or someone else in your family is active duty military or a military veteran, you could try using VetTix.org.
by MoonOrb
Sun Dec 10, 2017 7:56 pm
Forum: Personal Finance (Not Investing)
Topic: Home Affordability
Replies: 6
Views: 777

Re: Home Affordability

Where you live matters an awful lot. I'd give a different answer to someone in a HCOL than one with a lower COL just because sometimes in some markets it's reasonable for homes to represent a larger portion of expenses. That's just how it is...those of us in HCOL areas need to spend less on other th...
by MoonOrb
Sun Dec 10, 2017 7:39 pm
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 3278
Views: 947632

Re: What Movie Have You Recently Watched?

You can say that again.
by MoonOrb
Sun Dec 10, 2017 10:22 am
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 3278
Views: 947632

Re: What Movie Have You Recently Watched?

Last night was the annual Christmas season viewing of Die Hard. I’ve seen it an estimated 50+ times and still enjoy it.
by MoonOrb
Sun Dec 10, 2017 10:02 am
Forum: Investing - Theory, News & General
Topic: How should I look at SS and pensions when developing my post-FRA AA?
Replies: 30
Views: 1107

Re: How should I look at SS and pensions when developing my post-FRA AA?

You look at the gap between what you expect in expenses and what you anticipate in income and combine that with the size of your portfolio and use that combined information to assess your need, ability, and willingness to take risk. If the gap is big and you don’t have a large portfolio you’ll need ...
by MoonOrb
Sun Dec 03, 2017 11:37 pm
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 3278
Views: 947632

Re: What Movie Have You Recently Watched?

I'll cop to liking the Kingsman movies. I won't defend them as good, but I will say I enjoyed them anyway.
by MoonOrb
Sun Dec 03, 2017 1:26 pm
Forum: Investing - Help with Personal Investments
Topic: The 4% rule, Firecalc and Human Nature
Replies: 86
Views: 6232

Re: The 4% rule, Firecalc and Human Nature

I don't think you're missing anything. This type of analysis just pits two variables somewhat uncomfortably against one another: the likelihood of failure vs the magnitude of failure. The likelihood of failure is low. But the consequence of failure could be devastating. Not having enough money when...
by MoonOrb
Sun Dec 03, 2017 1:09 pm
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 3278
Views: 947632

Re: What Movie Have You Recently Watched?

Last night watched The Fog of War, the Errol Morris documentary about Robert McNamara. It was really excellent. It's now timely as ever and I'd highly recommend it.
by MoonOrb
Sun Dec 03, 2017 12:58 pm
Forum: Investing - Help with Personal Investments
Topic: The 4% rule, Firecalc and Human Nature
Replies: 86
Views: 6232

Re: The 4% rule, Firecalc and Human Nature

I don't think you're missing anything. This type of analysis just pits two variables somewhat uncomfortably against one another: the likelihood of failure vs the magnitude of failure. The likelihood of failure is low. But the consequence of failure could be devastating. Not having enough money when ...
by MoonOrb
Sat Dec 02, 2017 7:02 pm
Forum: Personal Finance (Not Investing)
Topic: Plan for the Next Eight Years - Any Concern or Red Flag?
Replies: 21
Views: 2886

Re: Plan for the Next Eight Years - Any Concern or Red Flag?

Using the word "emergency fund" here is confusing. It sounds like what you really have is $210k in cash, a portion of which should literally be your emergency fund. First, figure out how much of that cash you actually need to dedicate to keeping safe. Depending on your job stability, employability g...