Search found 316 matches

by PVW
Thu Feb 15, 2018 12:55 pm
Forum: Investing - Theory, News & General
Topic: Can someone help me explain to my wife...?
Replies: 71
Views: 7143

Re: Can someone help me explain to my wife...?

Tell her you can't sell now because the NFC won the Superbowl and this is an obvious bull market predictor.
https://lplresearch.com/2018/02/02/tom- ... -disagree/

And this has the same chance of being right as the analysis your wife is reading.
by PVW
Wed Feb 14, 2018 1:07 pm
Forum: Personal Finance (Not Investing)
Topic: C-Suite etiquette advise needed
Replies: 27
Views: 3614

Re: C-Suite etiquette advise needed

My perspective on the C suite comes from knowing some administrators in the suite. From that perspective, dietary requirements are nothing special - something to be accommodated, but nothing else. It is likely that you will have some colleagues joining you on this offsite event that share your non-a...
by PVW
Thu Feb 08, 2018 3:41 pm
Forum: Investing - Theory, News & General
Topic: How to deal with regret
Replies: 87
Views: 7301

Re: How to deal with regret

I did it the other way. I sold some incentive stock options early last year for about $50K. If I'd waited a year, I could have sold them for about $120K. But what can you do? Just grin and bear it. I don't let it affect my behavior going forward and there is no chance of correcting that mistake. Who...
by PVW
Wed Feb 07, 2018 1:16 pm
Forum: Personal Consumer Issues
Topic: Best BBQ in Austin
Replies: 33
Views: 2623

Re: Best BBQ in Austin

lightnoise wrote:
Tue Feb 06, 2018 7:50 pm
Hi,
I will be in Austin, TX for a day and am looking for recommendations for an excellent BBQ joint. Any recommendations? I can of course search on google and go on yelp but I would love to hear any of your advise as well. Thank you.
Even bad BBQ in Austin is still pretty good.
by PVW
Tue Feb 06, 2018 3:45 pm
Forum: Investing - Theory, News & General
Topic: Bitcoin in Freefall
Replies: 162
Views: 16621

Re: Bitcoin in Freefall

Fat-Tailed Contagion wrote:
Tue Feb 06, 2018 1:16 am
What's the Bottom Call for Bitcoin?
One day it might be worth 100 trillion dollars.
https://en.wikipedia.org/wiki/Zimbabwea ... bverse.jpg
by PVW
Tue Feb 06, 2018 1:20 pm
Forum: Investing - Theory, News & General
Topic: Market Timing
Replies: 71
Views: 3623

Re: Market Timing

A buy signal occured when the 50 day moving average crossed above the 200 day moving average. A sell signal is occurred when the 50 day moving average crossed below the 200 day moving average. This is the basic idea behind momentum investing. Apparently there is some reward to be had from going alo...
by PVW
Tue Feb 06, 2018 12:59 pm
Forum: Investing - Theory, News & General
Topic: Market Timing
Replies: 71
Views: 3623

Re: Market Timing

It is generally held that you cannot beat the market by timing it. Based on my studies, this appears to be true. That being said, it seems to me [...] Your main flaw is thinking the market is logical and you just need to choose the right indicators to predict how the market will behave. Many (many,...
by PVW
Thu Feb 01, 2018 2:58 pm
Forum: Personal Finance (Not Investing)
Topic: Independent Consulting Liability
Replies: 15
Views: 733

Re: Independent Consulting Liability

Put it in the contract that you're not liable beyond what you get paid for the work.

I am not a lawyer, so this advice is probably worth what you paid for it.
by PVW
Thu Feb 01, 2018 1:24 pm
Forum: Investing - Help with Personal Investments
Topic: I bought a stock today - Redfin (RDFN)
Replies: 286
Views: 19335

Re: I bought a stock today - Redfin (RDFN)

I'm curious why you plan to rebalance Redfin to 20% of your portfolio if it goes down? Will you rebalance if it goes up? Why did you chose 20%?
by PVW
Thu Feb 01, 2018 1:21 pm
Forum: Personal Consumer Issues
Topic: Alaska rental car - what is the real risk with unpaved roads?
Replies: 36
Views: 2320

Re: Alaska rental car - what is the real risk with unpaved roads?

Are you sure the rental agreement specifies the vehicle is not to be used on unpaved roads? Or does it specify any insurance coverage will not cover damage due to use on unpaved roads? This web site says insurance coverage under a credit card agreement is usually void if you violate the rental agree...
by PVW
Tue Jan 30, 2018 4:46 pm
Forum: Investing - Help with Personal Investments
Topic: What if Your Play Money Blows Up?
Replies: 31
Views: 4062

Re: What if Your Play Money Blows Up?

“I spent half my money on gambling, alcohol and wild women. The other half I wasted.” W.C Fields.

My suggestion is don't waste your play money.
by PVW
Tue Jan 30, 2018 4:29 pm
Forum: Personal Finance (Not Investing)
Topic: Should I join Linkedin?
Replies: 48
Views: 3527

Re: Should I join Linkedin?

Can't really comment on the job hunting benefits. I have a narrow skill set and the recruiting contacts and job ads from LinkedIn rarely fit my qualifications. I maintain my LinkedIn profile for the benefit of my employer. They, in part, pay me for my credentials and customer's occasionally want to ...
by PVW
Tue Jan 30, 2018 3:11 pm
Forum: Personal Finance (Not Investing)
Topic: Accepting an offer from an employer who said previously no!
Replies: 30
Views: 3220

Re: Accepting an offer from an employer who said previously no!

Don't put much weight on originally getting turned down by the 1st company. Likely they had a better candidate that didn't work out. Now your wife is their best option. It sounds like they were honest in their dealings and each of those points were professional. As in life, someone else is always be...
by PVW
Tue Jan 30, 2018 9:45 am
Forum: Investing - Help with Personal Investments
Topic: I bought a stock today - Redfin (RDFN)
Replies: 286
Views: 19335

Re: I bought a stock today - Redfin (RDFN)

I don't think of Redfin as a stock price. I see the vision of the company. Then this is not about investing, it's about using your money for things you believe in. Nothing wrong with that, but I don't feel strongly enough about transforming the real estate sales business to contribute money to the ...
by PVW
Fri Jan 26, 2018 3:55 pm
Forum: Personal Consumer Issues
Topic: Erroneous county water bills
Replies: 11
Views: 724

Re: Erroneous county water bills

Apparently a well known problem. http://www.ajc.com/news/local-govt--politics/how-dispute-high-water-bills-dekalb/Gcusp4NTJ0QocYydc5CWnO/ http://www.mdjonline.com/neighbor_newspapers/dekalb/news/dekalb-ceo-thurmond-says-source-of-embarrassing-water-billing-problems/article_83803aa4-408f-11e7-994a-a3...
by PVW
Fri Jan 26, 2018 1:28 pm
Forum: Investing - Theory, News & General
Topic: Bitcoin bubble ending with a flat top rather than a sharp drop?
Replies: 33
Views: 2476

Re: Bitcoin bubble ending with a flat top rather than a sharp drop?

I still firmly believe that those doubting Bitcoin now will be equal to those doubting cars over horses, the web over paper, etc. People that believe in the transformative possibilities of crypto currencies are using them as currency, not as investments. A person can believe in the technology witho...
by PVW
Wed Jan 24, 2018 1:58 pm
Forum: Investing - Help with Personal Investments
Topic: Windfall Investment Advice
Replies: 8
Views: 859

Re: Windfall Investment Advice

You need roughly $10M to be financially independent - that would support about $300K per year of expenses. You have about $3.4M in assets excluding your house so you are about $6.6M away from financial independence. Or $5M if you count the $1.6M bonus income. Will the $20K per month expenses be abou...
by PVW
Mon Jan 22, 2018 2:15 pm
Forum: Personal Finance (Not Investing)
Topic: Cost of living comparison (HCOL vs LCOL)
Replies: 85
Views: 5934

Re: Cost of living comparison (HCOL vs LCOL)

I would not expect housing to be much of an investment. I usually assume the value of my home will keep up with inflation - though this is just a mental excercise and my home appreciation doesn't figure into my retirement calculations. I pay 3.75% on my mortgage, with a balance that is about half th...
by PVW
Fri Jan 19, 2018 3:52 pm
Forum: Personal Finance (Not Investing)
Topic: Preparing for a lay off - what steps to take now
Replies: 37
Views: 3605

Re: Preparing for a lay off - what steps to take now

I believe HSA contribution limits are prorated based on the number of months you are employed (correction - number of months you have a high deductible health plan).

https://www.kiplinger.com/article/busin ... d-off.html
by PVW
Fri Jan 19, 2018 3:35 pm
Forum: Investing - Theory, News & General
Topic: Is the crypto market efficient?
Replies: 23
Views: 1377

Re: Is the crypto market efficient?

Very unlikely, in my opinion. Large crypto traders often deal among themselves, which indicates private information so all the traders are not working with the same information. The differences in valuation between the exchanges indicates the markets are not efficient at incorporating the value of p...
by PVW
Wed Jan 17, 2018 12:44 pm
Forum: Personal Finance (Not Investing)
Topic: Friend Got Laid Off - Advice Needed
Replies: 46
Views: 5105

Re: Friend Got Laid Off - Advice Needed

He currently has a $900k portfolio, mostly in Vanguard low cost index funds. ~$275k in taxable, $175k Roth IRA, and $450k 401k. [...] What advice would you give to him. If your friend doesn't quickly find a new job, he maybe be in a very low tax bracket this year. If so, roll over the 401k into a T...
by PVW
Wed Jan 17, 2018 8:36 am
Forum: Investing - Theory, News & General
Topic: Kodakcoin
Replies: 101
Views: 8309

Re: Kodakcoin

Kodak is also leasing out Bitcoin miners - the "Kashminer". If this wasn't from Gizmodo, I'd swear it was an Onion article.

https://gizmodo.com/wait-it-turns-out-k ... 1821974370
by PVW
Tue Jan 16, 2018 1:30 pm
Forum: Personal Consumer Issues
Topic: How can I become a better consumer?
Replies: 18
Views: 1639

Re: How can I become a better consumer?

From your experience, what purchases have been worth the cost? I once attended a lecture titled "Knowing yourself is harder than you think" (or something like that). The gist was that people have a difficult time predicting how they will act or feel about something they haven't done yet. Evidence fr...
by PVW
Tue Jan 16, 2018 1:13 pm
Forum: Personal Finance (Not Investing)
Topic: Considering PhD...but so much to consider...
Replies: 51
Views: 3580

Re: Considering PhD...but so much to consider...

This whole situation is complicated by my current earnings. If I were to stay where I was vs. the PhD, it would take me about 18 years before I have made more with the PhD since I'm effectively making nothing for the 5 years I'm doing it. It might not be this bad. Don't compare your total current e...
by PVW
Tue Jan 16, 2018 1:04 pm
Forum: Personal Finance (Not Investing)
Topic: Considering PhD...but so much to consider...
Replies: 51
Views: 3580

Re: Considering PhD...but so much to consider...

Looking for some help here, because I've been going back and forth on what to do for YEARS now and I feel the need to settle on a plan!!! ... Pro: can go for "free" through department funding, would be a satisfying thing to do, buffet pick of 100k+/yr jobs Con: wipes out 5 years of my earning lifet...
by PVW
Mon Jan 15, 2018 8:08 pm
Forum: Personal Consumer Issues
Topic: best flooring for a basement wood shop?
Replies: 27
Views: 1533

Re: best flooring for a basement wood shop?

I would do a solid hardwood floor. Its durable and I kind of like the look of a well used oak floor. Commercially produced hardwood flooring might be too expensive, but since you are looking to build a workshop, you could get rough cut or used lumber and make the planks yourself.
by PVW
Wed Jan 10, 2018 1:53 pm
Forum: Investing - Theory, News & General
Topic: Kodakcoin
Replies: 101
Views: 8309

Re: Kodakcoin

Maybe more evidence for the cryptocurrency bubble https://www.theverge.com/2018/1/9/16869998/kodak-kodakcoin-blockchain-platform-ethereum-ledger-stock-price The interesting things for me are (1) Kodak was once a very real company and (2) there seems to be a realworld application onto which blockcha...
by PVW
Sat Jan 06, 2018 6:26 pm
Forum: Forum Issues and Administration
Topic: Misuse of adverse when averse was meant
Replies: 145
Views: 6064

Re: Misuse of adverse when averse was meant

I have yet to see one poster use the phrase "begs the question” correctly. JT Me too! This has become so bad that I see news anchors on TV use it the wrong way all the time? Most people outside the field of formal logic and philosophy use the literal meaning of the phrase "begs the question" (i.e.,...
by PVW
Fri Dec 22, 2017 3:21 pm
Forum: Investing - Theory, News & General
Topic: Bitcoin in Freefall
Replies: 162
Views: 16621

Re: Bitcoin in Freefall

My point still stands: why shout out on bogleheads "I knew the end was coming and it finally came!" like many are doing right now, when what in reality seems to be happening is just a liquidity issue causing a 20% crash which is mostly irrelevant considering the growth of the asset YTD? Wait until ...
by PVW
Fri Dec 22, 2017 3:06 pm
Forum: Investing - Theory, News & General
Topic: Bitcoin in Freefall
Replies: 162
Views: 16621

Re: Bitcoin in Freefall

My point still stands: why shout out on bogleheads "I knew the end was coming and it finally came!" like many are doing right now, when what in reality seems to be happening is just a liquidity issue causing a 20% crash which is mostly irrelevant considering the growth of the asset YTD? Wait until ...
by PVW
Fri Dec 22, 2017 10:20 am
Forum: Investing - Theory, News & General
Topic: Bitcoin in Freefall
Replies: 162
Views: 16621

Re: Bitcoin in Freefall

It is interesting seeing the reaction here given this isn't an uncommon event in the world of Bitcoin. So I would guess if you want to own Bitcoin you need to be prepared for these types of events on a regular basis. https://www.forbes.com/sites/timothylee/2013/04/11/an-illustrated-history-of-bitco...
by PVW
Fri Dec 22, 2017 9:32 am
Forum: Investing - Theory, News & General
Topic: Bitcoin in Freefall
Replies: 162
Views: 16621

Re: Bitcoin in Freefall

This is amazing to watch in real time. I'm not sure which way I'm rooting for - I don't have anything riding on the outcome.

I've been watching the trading chart on gdax. 8:35AM high was about $13,000. 9:20 low was about $10400. Now it's back up to $12000. 20% swings up and down in less than an hour.
by PVW
Fri Dec 15, 2017 1:03 pm
Forum: Personal Consumer Issues
Topic: Uber vs Ambulance - HUGE cost difference
Replies: 85
Views: 11042

Re: Uber vs Ambulance - HUGE cost difference

In related news, Bogleheads have reduced the net income of Financial Advisors.
by PVW
Thu Dec 14, 2017 1:40 pm
Forum: Personal Consumer Issues
Topic: How to deal with Micro-manager
Replies: 42
Views: 3868

Re: How to deal with Micro-manager

She's been working for 3 weeks? Give it some time. PVW, Why do you think that it will get better? IMHO, it could only get worse if she does not put a stop to this. KlangFool I would expect the micromanagement problems to get better. At 3 weeks, I might be a little concerned if my manager didn't off...
by PVW
Wed Dec 13, 2017 1:16 pm
Forum: Personal Consumer Issues
Topic: How to deal with Micro-manager
Replies: 42
Views: 3868

Re: How to deal with Micro-manager

She's been working for 3 weeks? Give it some time.
by PVW
Tue Dec 12, 2017 12:59 pm
Forum: Personal Consumer Issues
Topic: Concert Decision and Advice
Replies: 41
Views: 2522

Re: Concert Decision and Advice

Live music is an experience. Often the experience depends on the performer, venue, crowd, companions, etc. Some people really enjoy it, some don't. You should go to find out if you do. For example, one of my favorite musicians is Eric Clapton, but he doesn't put on much of a performance. The songs m...
by PVW
Sun Dec 10, 2017 9:21 pm
Forum: Investing - Theory, News & General
Topic: Buying index funds is just as speculative as buying Bitcoin
Replies: 64
Views: 4264

Re: Buying index funds is just as speculative as buying Bitcoin

You should study up on behavior aspects of investing. Specifically you should ask yourself why you are investing in bitcoin. Would you still be a believer if bitcoin was worth $10, did you discover bitcoin when it's value started to skyrocket, did you need a non-inflationary store of value before yo...
by PVW
Sun Dec 10, 2017 11:51 am
Forum: Personal Finance (Not Investing)
Topic: Does this happen to you? Educating friends about personal finance
Replies: 104
Views: 6338

Re: Does this happen to you? Educating friends about personal finance

My guess is that you are not really offering financial advice. You are offering casual conversation. There is a huge difference when it comes to implementing a financial strategy. I'm knowledgeable enough in the boglehead philosophy, that I can figure out my goals and implement it myself. I know why...
by PVW
Fri Dec 08, 2017 3:43 pm
Forum: Personal Consumer Issues
Topic: GPS tracker for loved one w Alzheimer’s
Replies: 21
Views: 1356

Re: GPS tracker for loved one w Alzheimer’s

Do you want to use this to regularly check up on her location, or are your worried about an emergency situation where she escapes her caregiver?

For emergency situations:
https://projectlifesaver.org/
by PVW
Fri Dec 08, 2017 1:39 pm
Forum: Personal Consumer Issues
Topic: Dad Needs Help Buying Wedding Liquor
Replies: 71
Views: 6924

Re: Dad Needs Help Buying Wedding Liquor

If you buy two bottles of vermouth, be prepared to take them home and dust them off every six months for the next 10 years :D Since the OP doesn't drink, I'd recommend giving the nonreturnable bottles of liquor to the bride and groom. They probably would have little use for the vermouth themselves,...
by PVW
Fri Dec 08, 2017 12:52 pm
Forum: Investing - Help with Personal Investments
Topic: Got a little carried away, now stuck...
Replies: 12
Views: 2911

Re: Got a little carried away, now stuck...

Step away from the computer and develop a plan.
https://www.bogleheads.org/wiki/Investm ... _statement

It is easy to get trapped into thinking that investing is so important that it needs constant tending. Generally the opposite is true.
by PVW
Thu Dec 07, 2017 1:01 pm
Forum: Investing - Theory, News & General
Topic: When Bitcoin blows-up
Replies: 55
Views: 4642

Re: When Bitcoin blows-up

Don't start to worry until financial institutions start trading bitcoin hacking swaps. Or if Enron comes back from the dead to start brokering energy contracts to the bitcoin miners.
by PVW
Wed Dec 06, 2017 1:03 pm
Forum: Personal Finance (Not Investing)
Topic: Friend buys a lot of stuff because he want's to reduce his tax liability. Is this thinking flawed?
Replies: 47
Views: 4253

Re: Friend buys a lot of stuff because he want's to reduce his tax liability. Is this thinking flawed?

Sounds like your friend is a compulsive hoarder and the tax write-off is just the excuse. You can't fix compulsive hoarding with logic. If you want to help, then your best avenue might be to provide support to his wife and suggest some counseling resources.
by PVW
Tue Dec 05, 2017 9:26 pm
Forum: Personal Consumer Issues
Topic: Dad Needs Help Buying Wedding Liquor
Replies: 71
Views: 6924

Re: Dad Needs Help Buying Wedding Liquor

Vodka - very trendy these days (and for some time). By trendy I mean that most of it is based on image and advertising, so don't bother trying to pick the best tasting, just get the most popular. Smirnoff is a good middle of the road brand that is well known to all vodka fans. To go upscale, get Gre...
by PVW
Tue Dec 05, 2017 4:00 pm
Forum: Personal Finance (Not Investing)
Topic: Should I start making candy bars?
Replies: 6
Views: 1494

Re: Should I start making candy bars?

The appeal to Kellogg is "RXBar went from producing 1.5 million bars in 2014 to a projected 120 million this year."

It takes much more than a tasty protein bar to have those growth numbers.
by PVW
Tue Dec 05, 2017 3:51 pm
Forum: Personal Finance (Not Investing)
Topic: Received promotion offer at work and trying to negotiate the pay increase portion.
Replies: 31
Views: 2520

Re: Received promotion offer at work and trying to negotiate the pay increase portion.

Pay should be commensurate with job content and performance. bumped up a rung Doesn't really give us any idea if a 4% raise is worth the rung. If it's a change in title and slight change in responsibilities, then a 4% raise with a possible 10% bonus seems like a good move. If you turn down a minor p...
by PVW
Wed Nov 29, 2017 1:43 pm
Forum: Personal Finance (Not Investing)
Topic: Why should I donate to my alma mater?
Replies: 133
Views: 9908

Re: Why should I donate to my alma matter?

My main reason (without knowing any facts), some of these colleges (and mine included) have so much endowment money that I can't fathom as to why they need any more money. I have similar feelings, but at least (most?) universities are upfront about their endowments. Some public universities have sq...
by PVW
Wed Nov 29, 2017 1:00 pm
Forum: Personal Finance (Not Investing)
Topic: Why should I donate to my alma mater?
Replies: 133
Views: 9908

Re: Why should I donate to my alma matter?

Know where your money is going and what it is used for. Don't donate for some vague sense of gratitude.
by PVW
Wed Nov 15, 2017 1:00 pm
Forum: Personal Consumer Issues
Topic: Favorite Holiday Recipes
Replies: 48
Views: 4321

Re: Favorite Holiday Recipes

My secret recipe for holiday joy: 3 Tbs Bourbon 1/4 cup ice Mix together and enjoy. Adjust proportions to your liking. I don't like the yam/sweet potato dishes that are sweet. Here is a savory recipe from Rick Bayless that is quite good. http://www.rickbayless.com/recipe/savory-sweet-potato-casserole/