Search found 934 matches

by czeckers
Mon Jan 08, 2018 12:37 pm
Forum: Personal Consumer Issues
Topic: New mattress
Replies: 71
Views: 6728

Re: New mattress

Heres a question, can you keep your old boxspring from your mattress from 15+ years ago and just replace the top? Absolutely! It's amazing how much confusion salesmen can generate about such a decidedly low tech product. I just bought a bunch of twin mattresses for my kids at Big Lots for $149 a pi...
by czeckers
Mon Jan 08, 2018 12:33 pm
Forum: Investing - Theory, News & General
Topic: 2017 Callan Periodic Table of Investment Returns
Replies: 34
Views: 4054

Re: 2017 Callan Periodic Table of Investment Returns

SimpleGift wrote:
Sat Jan 06, 2018 11:34 pm
  • Image
This is a very interesting presentation. Thank you for sharing.

I do wish the folks at Callan would also include REITs.
by czeckers
Mon Jan 08, 2018 12:26 pm
Forum: Investing - Theory, News & General
Topic: Memo to those who have won the game: it's time to quit playing
Replies: 210
Views: 17699

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

This post emphasizes for me why it's important to have a well defined plan such as annual rebalancing on such and such date. One can agonize over these decisions indefinitely. Should I buy more, should I sell, change my AA??? Have a reasonable plan and stick with it. The more people monkey with thin...
by czeckers
Mon Jan 08, 2018 12:18 pm
Forum: Investing - Theory, News & General
Topic: Any thoughts on The Aurora Report? [Arora Report]
Replies: 48
Views: 8872

Re: Any thoughts on The Aurora Report? [Arora Report]

As a fellow physician, I can sympathize with the notion that when there is an area I don't know much about, all one has to do is turn to an expert for guidance. However, and this is the most important thing you have to understand, is that the markets are moved by unexpected news . Therefore, by defi...
by czeckers
Mon Jan 08, 2018 12:04 pm
Forum: Forum Issues and Administration
Topic: Help me understand question-less financial status (e.g. "2 comma club") threads.
Replies: 175
Views: 8523

Re: Help me understand question-less financial status (e.g. "2 comma club") threads.

I believe such posts belong in the Bogleheads Community forum. More importantly, I believe the Local Chapters and Bogleheads Community forum should be split into two separate forums . If someone wants to see when their local group is meeting and what's on the agenda, they shouldn't have to sort thr...
by czeckers
Mon Jan 08, 2018 11:58 am
Forum: Personal Consumer Issues
Topic: Hot Water Delay at faucet/shower far from water heater
Replies: 100
Views: 6354

Re: Hot Water Delay at faucet/shower far from water heater

Warm water from the water heater will come out of the cold faucets for 5-10 seconds (will this make the refrigerator's filtered drinking water "dirty"?). This is only the case for the farthest faucet where the on-demand recirculation pump is mounted. Any faucets in the middle of the plumbing run wi...
by czeckers
Mon Jan 08, 2018 9:56 am
Forum: Forum Issues and Administration
Topic: Help me understand question-less financial status (e.g. "2 comma club") threads.
Replies: 175
Views: 8523

Re: Help me understand question-less financial status (e.g. "2 comma club") threads.

I had to give this a bit of thought. Alex is correct that these threads are not actionable, however I do enjoy reading them. There is some irony here: If you are a strict adherent to the Boglehead philosophy, then not much is actually actionable. "Stay the Course" is not a call to action, but rather...
by czeckers
Thu Dec 28, 2017 2:49 pm
Forum: Investing - Theory, News & General
Topic: 1st, your education. Then...Location, Location, Location
Replies: 66
Views: 8546

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

I'm a doctor so living in or near a HCOL big city is a large financial mistake. I live in a low cost part of California, make about the same as my big city colleagues, but my cost of living is about half. 65-35 as a young investor with decades in the market is also a mistake, at least historically....
by czeckers
Thu Dec 14, 2017 2:06 pm
Forum: Personal Consumer Issues
Topic: Snow Tires? Worth it?
Replies: 147
Views: 6789

Re: Snow Tires? Worth it?

Definitely worth it. Our FWD minivan with snow tires did much much better in the snow than my AWD Subaru with new all-season tires. Now when I put snow tires on my Subaru, well, it's like a St. Bernard happily bounding through the snow without a care in the world. There is only about a square foot o...
by czeckers
Thu Nov 30, 2017 4:19 am
Forum: Investing - Theory, News & General
Topic: Which crash have you seen it before it is coming?
Replies: 134
Views: 10070

Re: Which crash have you seen it before it is coming?

I totally see the next crash coming. It's coming for sure. I just don't know when or why or how bad. :twisted:

I predict a bitcoin crash. Bitcoin remind me of tulips. Pretty tulips.
by czeckers
Thu Nov 30, 2017 4:12 am
Forum: Personal Finance (Not Investing)
Topic: Advice Needed - Has Anyone Chosen Work Life Balance over Extra Money?
Replies: 112
Views: 17080

Re: Advice Needed - Has Anyone Chosen Work Life Balance over Extra Money?

I took a 10% pay cut to go to a 4 day work week. My work days are 10-12 hour days. I cannot overstate the benefits of the extra time off. I even have a couple of hobbies now.
by czeckers
Wed Nov 22, 2017 4:07 pm
Forum: Investing - Help with Personal Investments
Topic: Slice and Dice
Replies: 40
Views: 3469

Re: Slice and Dice

Of course large growth has beaten the pants off of most tilted portfolios over the last 8 years or so. Maybe small/value tilt is set for a come back. :greedy
by czeckers
Thu Nov 09, 2017 11:33 am
Forum: Personal Finance (Not Investing)
Topic: Did you tell anyone you paid off your mortgage?
Replies: 338
Views: 38546

Re: Did you tell anyone you paid off your mortgage?

I find it strange how several here have said "I've only told my spouse." Although I'm not married, it seems odd to me that this is the type of event that needs to be communicated to a spouse, as if they'd ordinarily be clueless as to how much money they owed on their home. +1. Married. We divide up...
by czeckers
Thu Nov 09, 2017 10:24 am
Forum: Personal Consumer Issues
Topic: Mold Discovered in Potential House Purchase
Replies: 27
Views: 2992

Re: Mold Discovered in Potential House Purchase

Getting rid of the mold in an isolated area is usually pretty straightforward. The big issue is eliminating the conditions that caused it to grow in the first place. If that isn't done, then it will grow back. Without pictures it's hard to make specific recommendations. However, the sump pump is des...
by czeckers
Thu Nov 09, 2017 9:25 am
Forum: Personal Finance (Not Investing)
Topic: Anyone own a home and drop insurance coverage after mortgage paid off?
Replies: 61
Views: 5458

Re: Anyone own a home and drop insurance coverage after mortgage paid off?

We insure against catastrophic loss. If, say, the structure were to burn down, would you be able to afford to rebuild or acquire other housing without taking a significant hit financially? If you could absorb the cost easily, then you can self-insure.
by czeckers
Sat Oct 21, 2017 7:51 am
Forum: Investing - Theory, News & General
Topic: Is a crash coming soon?
Replies: 64
Views: 6106

Re: Is a crash coming soon?

Of course there is a crash coming... the problem is no one knows when nor its magnitude. In 1996, Alan Greenspan warned about "Irrational exuberance" because signs of a market bubble were already evident. Had you gotten out of the market at that time, you would have missed a 140% rise in your stock ...
by czeckers
Sat Oct 21, 2017 7:00 am
Forum: Personal Finance (Not Investing)
Topic: Does anyone here with net worths north of $1 mil use financial advisors?
Replies: 191
Views: 21273

Re: Does anyone here with net worths north of $1 mil use financial advisors?

Not I. Investing is quite simple: Set a reasonable asset allocation, make regular contributions, rebalance every once in a while back to your original AA if things get too far out of whack. However, it is not easy: the emotional responses of greed and fear can be quite strong and will push you to do...
by czeckers
Fri Oct 13, 2017 6:46 pm
Forum: Investing - Theory, News & General
Topic: "Dumb and dumber" from Allan Roth
Replies: 10
Views: 3008

Re: "Dumb and dumber" from Allan Roth

You are of course correct. In the future I'll choose my words more carefully. Having said that, I still stand behind my primary point which is that rising interest rates benefit long-term bond investors.
by czeckers
Thu Oct 12, 2017 8:15 pm
Forum: Investing - Theory, News & General
Topic: Offensive Valuations
Replies: 45
Views: 4515

Re: Offensive Valuations

The markets can remain irrational far longer than you can remain solvent.
by czeckers
Wed Oct 11, 2017 6:20 pm
Forum: Investing - Help with Personal Investments
Topic: 100% invested, all in, no cash- how do you do it?
Replies: 42
Views: 3981

Re: 100% invested, all in, no cash- how do you do it?

It's very straightforward. An example is the popular three fund portfolio: Total US market stock fund Total International market stock fund Total US bond fund Viola! No cash. If stocks go down and you feel you want to take advantage of the buying opportunity, simply rebalance by selling some of the ...
by czeckers
Wed Oct 11, 2017 6:13 pm
Forum: Investing - Theory, News & General
Topic: "Dumb and dumber" from Allan Roth
Replies: 10
Views: 3008

Re: "Dumb and dumber" from Allan Roth

People don't take into account that while the dollar value of a bond fund goes down in a rising rate environment, as bonds are sold and new ones bought by the fund, the newer bonds have a higher yield. Eventually the higher yield makes up for the initial loss in value. The amount of time it takes is...
by czeckers
Wed Oct 11, 2017 3:41 pm
Forum: Investing - Theory, News & General
Topic: What's your asset allocation and why?
Replies: 176
Views: 17912

Re: What's your asset allocation and why?

AA is in my signature line.

80/20 stocks/bonds. 50/50 US/international with small/value tilt. Only high quality bonds to offset higher portfolio risk.

At this point, my contributions still exceed portfolio growth so I can be fairly aggressive.
by czeckers
Wed Oct 11, 2017 3:32 pm
Forum: Investing - Theory, News & General
Topic: Buy when there's blood in the streets!
Replies: 39
Views: 6673

Re: Buy when there's blood in the streets!

Assuming you have a balanced portfolio of stock and bond funds, the stock portion of your portfolio will lose value during a market crash. If you own high quality bonds (i.e. US treasuries), their value usually goes up. (Lesser quality bonds such as corporates and junk tend to go down with the stock...
by czeckers
Mon Oct 09, 2017 2:42 pm
Forum: Investing - Theory, News & General
Topic: Rebalancing - Personal Philosophies
Replies: 43
Views: 4001

Re: Rebalancing - Personal Philosophies

In my retirement accounts which receive monthly contributions, I direct incoming money to whichever fund is lagging the most behind its desired percent allocation. I use rebalancing bands and would rebalance the entire portfolio only if an asset is lagging by 20% relative to its allocation (this has...
by czeckers
Fri Oct 06, 2017 4:29 pm
Forum: Personal Finance (Not Investing)
Topic: Anyone go 100% Ally or another online bank for all banking needs?
Replies: 61
Views: 5717

Re: Anyone go 100% Ally or another online bank for all banking needs?

We were 100% online for a while, but ended up splitting the difference and having both an online bank account and smaller account at a local brick and mortar bank. We use the online bank for most of our financial needs. However we use cash fairly often, and have had issues with limited ATM access. T...
by czeckers
Fri Oct 06, 2017 4:25 pm
Forum: Investing - Theory, News & General
Topic: Buy on Really Bad Days, Sell on Really Good Days?
Replies: 169
Views: 10520

Re: Buy on Really Bad Days, Sell on Really Good Days?

If been thinking about the premise of the original post for a couple of days. I think the difference between taking advantage of really bad days and really good days is this: It depends. It depends on what phase you are in now. If you are in the accumulation phase, then your normal pattern is puttin...
by czeckers
Fri Oct 06, 2017 2:31 pm
Forum: Investing - Theory, News & General
Topic: Dividend yield vs. 10 year gov't bond
Replies: 10
Views: 1040

Re: Dividend yield vs. 10 year gov't bond

International equities have higher dividend yields because they are priced lower than US equities (as measured by PE ratio for example). It's not just the dividend yield that makes international equities look attractive. I'm not saying sell everything and go all in on international, but it may be a ...
by czeckers
Fri Oct 06, 2017 2:27 pm
Forum: Investing - Help with Personal Investments
Topic: Millionaire Next Door (Thank you Bogleheads)
Replies: 81
Views: 11970

Re: Millionaire Next Door (Thank you Bogleheads)

Well, Mr. and Mrs. Wellington, the Vanguard Wellington fund helped get you to your goal. That's fantastic!

:sharebeer
by czeckers
Fri Oct 06, 2017 2:26 pm
Forum: Investing - Theory, News & General
Topic: I'm thinking about cashing completely out of equites....
Replies: 75
Views: 8799

Re: I'm thinking about cashing completely out of equites....

If you look at returns of portfolios of varying percentages of stocks/bonds. Adding even a little bit of stock to an all bond portfolio reduces risk and improves returns. As a rule of thumb, ~20% stocks should be the bottom limit for stock allocation. Remember that bonds can lost money for a long ti...
by czeckers
Fri Oct 06, 2017 2:14 pm
Forum: Investing - Theory, News & General
Topic: Simba's Backtesting Spreadsheet: how useful is it?
Replies: 11
Views: 969

Re: Simba's Backtesting Spreadsheet: how useful is it?

Keep in mind that this tool should be used with extreme caution. There is the temptation to try various portfolios and decide on the one that has the best results in the backtest. However, past returns do not predict future returns. Oftentimes, the results are skewed in favor of whatever asset class...
by czeckers
Thu Oct 05, 2017 3:27 pm
Forum: Investing - Help with Personal Investments
Topic: Help?! My 70 year old father is 100% invested in equities
Replies: 79
Views: 8114

Re: Help?! My 70 year old father is 100% invested in equities

A 70 year old male has an average life expectancy of 14 years -- less if he's a smoker of has some underlying health conditions such as diabetes, heart disease, etc. Even if he lives to be 100, that's only 30 years. He does not have to live off of dividends alone and can safely start dipping into th...
by czeckers
Thu Oct 05, 2017 3:22 pm
Forum: Investing - Help with Personal Investments
Topic: Millionaire Next Door (Thank you Bogleheads)
Replies: 81
Views: 11970

Re: Millionaire Next Door (Thank you Bogleheads)

Congratulations!

Out of curiosity, do you own shares of the VG Wellington fund?
by czeckers
Thu Oct 05, 2017 3:21 pm
Forum: Personal Finance (Not Investing)
Topic: Is it possible to buy TOO LITTLE house? Is buying a home in a HCOL actually cheaper than a LCOL?
Replies: 14
Views: 1418

Re: Is it possible to buy TOO LITTLE house? Is buying a home in a HCOL actually cheaper than a LCOL?

If you're buying in an area that will have continuing rapid appreciation of home prices, then yes, buying the most house you can afford can payoff handsomly. The problem is that, as we learned in 2008, housing prices don't always keep going up. Many people bought into HCOL areas only to find themsel...
by czeckers
Thu Oct 05, 2017 3:14 pm
Forum: Investing - Help with Personal Investments
Topic: How many money accounts do you have? And how do you Keep track of them?
Replies: 28
Views: 2722

Re: How many money accounts do you have? And how do you Keep track of them?

Oh... just a few accounts here: Checking/Debit card for everyday household expenses Checking/Debit card for charity Savings for all automatic bill pay Savings for <$1000 items that go over budget (car repairs, house maintenance, etc.) Savings for school tuition Each child has checking and savings ac...
by czeckers
Thu Oct 05, 2017 2:58 pm
Forum: Investing - Theory, News & General
Topic: What are you up YTD? [Year To Date]
Replies: 1728
Views: 305306

Re: What are you up YTD? [Year To Date]

Had to look it up. 12.1% YTD. AA is in my signature line.

Value tilt and REITs have been a drag on the portfolio since 2009. International had also been a drag but has had positive tracking error in the last year or two. This is life when you tilt away from the market portfolio.
by czeckers
Thu Oct 05, 2017 9:32 am
Forum: Personal Finance (Not Investing)
Topic: another 2 comma club member
Replies: 48
Views: 4607

Re: another 2 comma club member

Congrats!! If you saw the second comma on Vanguard, does that mean you did it not counting home equity? That's what I was thinking: You must have hit the $1M net worth milestone a while back. I do agree that it does somehow feel better seeing the two commas on one account rather than at the bottom ...
by czeckers
Wed Sep 27, 2017 8:18 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 4244
Views: 1145709

Re: U.S. stocks in freefall

JoMoney wrote:
Wed Sep 27, 2017 2:19 pm
These bull runs can be bitter sweet. How many new highs can we hit before a something drags us down? :greedy :shock:
Since the markets go up most of the time, new highs shouldn't be all that uncommon.
by czeckers
Sat Sep 23, 2017 6:22 pm
Forum: Investing - Help with Personal Investments
Topic: Help?! My 70 year old father is 100% invested in equities
Replies: 79
Views: 8114

Re: Help?! My 70 year old father is 100% invested in equities

Depending on the size of the portfolio, his withdrawal rate, and his life expectancy, 100% stocks might be entirely reasonable.
by czeckers
Wed Sep 20, 2017 8:06 pm
Forum: Personal Finance (Not Investing)
Topic: The Magic of Savings Rate
Replies: 97
Views: 11601

Re: The Magic of Savings Rate

The chart assumes you replace your entire income in retirement. Truth is that once house is paid off, kids out of house and through college, living expenses drop significantly. If you make $250K per year and save 20%, the table says you reach FI in 37 years. But if you can be comfortable as empty ne...
by czeckers
Wed Sep 20, 2017 7:48 pm
Forum: Personal Consumer Issues
Topic: Getting (young) kids interested in coding
Replies: 81
Views: 5619

Re: Getting (young) kids interested in coding

Lego Mindstorm got my so hooked. Daughter was never interested.
by czeckers
Wed Sep 20, 2017 7:12 pm
Forum: Personal Consumer Issues
Topic: Spray Foam Insulation
Replies: 20
Views: 2321

Re: Spray Foam Insulation

For $2500, I'd definitely do it. We've purchased two homes and had foam insulation added to the attic in both. For a retrofit, you have to take out old insulation so it's much better up front during construction. Adding an inch of foam topped with cellulose reduced our heating/cooling bills by 25-35...
by czeckers
Mon Sep 18, 2017 9:31 am
Forum: Personal Finance (Not Investing)
Topic: Pocket money allowance for college student
Replies: 48
Views: 3072

Re: Pocket money allowance for college student

I think having a job in college and no allowance is a great idea. People who have to work their studies in around work or athletics tend to be more focused and do better. Having to work for your spending money provides valuable life lessons. I believe in the Millionaire Next Door book, what you are ...
by czeckers
Thu Sep 07, 2017 2:35 pm
Forum: Investing - Help with Personal Investments
Topic: Clueless on taxes but have luxury of both 403b and 457 space
Replies: 30
Views: 3303

Re: Clueless on taxes but have luxury of both 403b and 457 space

BTW, it looks like you are living on a relatively small percentage of your income so tax-deferred accounts are great for you. You get to save on taxes at your current marginal rate. With two 6-figure incomes that's a good bit of tax savings. However, if your expenditures in retirement will be lower ...
by czeckers
Thu Sep 07, 2017 2:30 pm
Forum: Investing - Help with Personal Investments
Topic: Clueless on taxes but have luxury of both 403b and 457 space
Replies: 30
Views: 3303

Re: Clueless on taxes but have luxury of both 403b and 457 space

Assuming she is not out for the entire year of 2017, your wife will still have some income for the tax year so she'll be able to contribute to her retirement accounts. 457 accounts are slightly different depending on whether the employer is a government employer or a non-profit. I know for a non-pro...
by czeckers
Mon Aug 14, 2017 12:27 pm
Forum: Personal Consumer Issues
Topic: How far would you travel to see The Eclipse?
Replies: 259
Views: 17135

Re: How far would you travel to see The Eclipse?

Driving about 11 hours each way -- planned a vacation around it. Saw the one in the 1990's but didn't have glasses so couldn't really look at the sun but it did get eerily dark and the birds looked very confused. Looks like the 2024 will go right over my house. Pity that April tends to be very cloud...
by czeckers
Thu Aug 03, 2017 8:17 am
Forum: Personal Consumer Issues
Topic: does solar increase the value of a house
Replies: 61
Views: 6175

Re: does solar increase the value of a house

Simple question but complicated answer. As many have mentioned above, the monetary value varies from location to location depending on amount of sunshine and arrangements with the utility company. The big downside is that they need to be removed and put back up if the roof needs work. However, they ...
by czeckers
Fri Jul 14, 2017 2:40 pm
Forum: Personal Consumer Issues
Topic: Solar panels
Replies: 56
Views: 4778

Re: Solar panels

The math is fairly simple: cost of system vs annual cost of electric use will give you a basic idea of payback time. However, there are a few considerations: -It's certainly more compelling the more expensive your electricity is making the payback period shorter. -You have to consider the cost of fi...
by czeckers
Tue Jul 11, 2017 1:21 pm
Forum: Personal Finance (Not Investing)
Topic: Is This Always True Regarding Umbrella Policies?
Replies: 15
Views: 2201

Re: Is This Always True Regarding Umbrella Policies?

Depends on the company. Some companies want to make sure you have maximum auto insurance before issuing umbrella policy. Amica dropped my umbrella policy when I changed my auto to another insurance carrier.
by czeckers
Mon Jul 10, 2017 2:56 pm
Forum: Personal Consumer Issues
Topic: Induction Stoves?
Replies: 11
Views: 989

Re: Induction Stoves?

I think there are many advantages to induction cook tops. If you don't have NG anywhere else in the house, then no need to plumb that it. It can make pots/pans heat up fast. Fine tuning of heat is great. Easy to clean. Stove surface doesn't get too hot. Cons: You need to have ferrous cookware so you...
by czeckers
Thu Jun 29, 2017 4:48 pm
Forum: Personal Finance (Not Investing)
Topic: Income from writing apps
Replies: 3
Views: 778

Re: Income from writing apps

Thank you for the well thought out reply. Very useful.