Search found 64 matches

by invest0
Fri Dec 08, 2017 11:14 am
Forum: Investing - Theory, News & General
Topic: Buying and Spending Bitcoin
Replies: 126
Views: 16560

Re: Buying and Spending Bitcoin

Anyway... when somebody dies, what are the chances of his heirs finding and being able to cash in his bitcoin? Nobody is going to report abandoned bitcoin to the state treasurer. I think that's actually an advantage -- if somebody leaves behind their wallet seed phrase on a piece of paper, anybody ...
by invest0
Fri Dec 08, 2017 11:03 am
Forum: Personal Finance (Not Investing)
Topic: A good friend has nearly $1M in BitCoin what do I tell him?
Replies: 149
Views: 16683

Re: A good friend has nearly $1M in BitCoin what do I tell him?

Tell him to let it ride. :) No seriously, if he understands that it's a volatile asset, what's the problem? Sure, he's "anchoring". But he didn't risk that much to start and must have known he was taking a big gamble, especially back then. There are still pretty compelling cases that Bitcoin could g...
by invest0
Sun Nov 19, 2017 3:36 pm
Forum: Investing - Theory, News & General
Topic: Buying and Spending Bitcoin
Replies: 126
Views: 16560

Re: Buying and Spending Bitcoin

So can we agree that, based on news accounts and on greyfox's experience, that, as of November 2017, 1) bitcoin is not a practical medium for ordinary consumers to use in everyday transactions with most well-known national retailers? bitcoin transactions are still a novelty and a hobby for early ad...
by invest0
Sat Nov 18, 2017 8:32 pm
Forum: Investing - Theory, News & General
Topic: Buying and Spending Bitcoin
Replies: 126
Views: 16560

Re: Buying and Spending Bitcoin

Of those 3 reasons what makes you use bitcoin in your day to day activities? I mean you do use bitcoin in all of your spending right? I don't. But Bitcoin doesn't need to make USD obsolete to matter. I don't care about #1. I do not participate in illegal activity and if this is the purpose of bitco...
by invest0
Sat Nov 18, 2017 7:31 pm
Forum: Investing - Theory, News & General
Topic: Buying and Spending Bitcoin
Replies: 126
Views: 16560

Re: Buying and Spending Bitcoin

Technology solving a problem that doesn't exist. I really enjoy using Samsung Pay and good cash back credit card. Bitcoin is really a joke. It solves plenty of problems. It sounds like they're just not yours right now. * Making it difficult for your government to track you (illegal activities, dodg...
by invest0
Sat Nov 18, 2017 7:21 pm
Forum: Investing - Theory, News & General
Topic: Buying and Spending Bitcoin
Replies: 126
Views: 16560

Re: Buying and Spending Bitcoin

And can you buy a sandwich at Subway with bitcoin? I still want to know. Has anyone done it and what, exactly is the procedure? I don't buy things at Subway oftener than once a month but I'll make a point of asking next time. I guess Grayfox isn't in the U.S. and can't easily try the experiment. Sa...
by invest0
Sat Nov 18, 2017 7:12 pm
Forum: Investing - Theory, News & General
Topic: Buying and Spending Bitcoin
Replies: 126
Views: 16560

Re: Buying and Spending Bitcoin

Well, you're not wrong that there are high fees and it's a bit slow yet. But two points. 1. It's still better than gold. What are people going to pay to ship their rocks to Amazon when they lose faith in fiat currency? 2. It's a protocol and protocols can be improved upon. Sort of like looking at a ...
by invest0
Mon Sep 18, 2017 9:45 am
Forum: Investing - Help with Personal Investments
Topic: math on determining rebalancing bands?
Replies: 6
Views: 543

math on determining rebalancing bands?

A bit new to this - read The Boglehead's Guide to Investing and started investing in 2013. $1.5M in assets, three fund: 40% U.S. equities, 40% bonds, 20% international, 33 years old. In my IPS, I set rebalancing bands at an absolute 5%. Does that seem high? Now that I think back, I don't recall read...
by invest0
Wed Jan 11, 2017 6:03 pm
Forum: Investing - Theory, News & General
Topic: Seed stage "index fund"
Replies: 12
Views: 1328

Re: Seed stage "index fund"

4) The thread was about the existence of a venture capital index fund, not the wisdom of investing in it Actually, I was curious to get expert takes on the latter; have just been here quietly enjoying the conversation. :) They do indeed exist, at least by some definition; I'm aware of at least two ...
by invest0
Tue Jan 10, 2017 10:21 pm
Forum: Investing - Theory, News & General
Topic: Seed stage "index fund"
Replies: 12
Views: 1328

Re: Seed stage "index fund"

Is there a link to the index fact sheet by the index publisher? PJW There are a few seed stage "index funds" out there now. I didn't have a specific fund in mind. I imagine they each have prospectuses, but none I have access to currently. I do suspect there would be quite a lot of other attributes ...
by invest0
Tue Jan 10, 2017 7:11 pm
Forum: Investing - Theory, News & General
Topic: Seed stage "index fund"
Replies: 12
Views: 1328

Seed stage "index fund"

Had the opportunity to meet Rafe Furst a few months back through some mutual connections. Ended up witnessing a debate between he and a venture capitalist that hand-picks all his investments. Rafe's premise reminded me a lot of the Boglehead philosophy; basically pointing out that even the best VC f...
by invest0
Fri Sep 30, 2016 1:42 pm
Forum: Personal Consumer Issues
Topic: Tesla S
Replies: 1002
Views: 175771

Re: Tesla S

I believe you are sincere that you enjoy 45 minute breaks every 2 hours on a long trip, but I find the concept ridiculous (Especially that you can't stop anywhere you want to explore, but only in designated SuperCharger locations). Serious question - is that still the case? Last I'd seen, it was go...
by invest0
Tue Mar 22, 2016 9:32 am
Forum: Investing - Theory, News & General
Topic: Finding a Boglehead-friendly 401(k) broker
Replies: 9
Views: 1108

Re: Finding a Boglehead-friendly 401(k) broker

Man, this clearly runs more complex than I realized at first. It sounds like a Simple IRA may be the ideal starting point. A SIMPLE IRA is generally the simplest, lowest cost, with a substantial contrubution option for a small business of your size, but you stated in the OP that you couldn't afford...
by invest0
Mon Mar 21, 2016 11:21 pm
Forum: Investing - Theory, News & General
Topic: Finding a Boglehead-friendly 401(k) broker
Replies: 9
Views: 1108

Re: Finding a Boglehead-friendly 401(k) broker

How long have the employees been with you? Varies (obviously). Two weeks to four years. Depending on the length of employment, you should explore SEP, Simple IRA and 401K. SEP is a great way to reward employees that have worked with your company for at least 3 years. It's really easy to administer....
by invest0
Mon Mar 21, 2016 6:15 pm
Forum: Investing - Theory, News & General
Topic: Finding a Boglehead-friendly 401(k) broker
Replies: 9
Views: 1108

Finding a Boglehead-friendly 401(k) broker

I'm a small business owner with 7 salary employees. My accountant has suggested that we setup a 401(k) even though I can't afford to do employer matching right now. It would definitely make sense for me, as I tend to invest quite a bit in taxable accounts and max a Traditional IRA. I'm curious- 1. I...
by invest0
Thu Jan 14, 2016 11:46 am
Forum: Personal Consumer Issues
Topic: Lima, Peru advice
Replies: 23
Views: 2737

Re: Lima, Peru advice

Loved Peru! Get some Cebiche and Causas (though probably not at the same time). Wash it all down with a Pisco Sour. We stayed in Mira Flores while in Lima, which is nice, but I kind of wish we explored less upscale/touristy areas a bit more. The downtown area around the palaces is really fantastic. ...
by invest0
Fri Jul 24, 2015 12:03 pm
Forum: Investing - Theory, News & General
Topic: Why I Said "No" to Peer-to-Peer Lending
Replies: 66
Views: 8662

Re: Why I Said "No" to Peer-to-Peer Lending

I spent some time as a LendingClub investor, and also know someone that received a successful loan through the site to consolidate credit card debt and get on track. The results were great, 10%+, but it took forever to get enough funded loans in a totally diversified manner. I'd go through all the d...
by invest0
Tue Jun 09, 2015 8:50 am
Forum: Forum Issues and Administration
Topic: SSL Labs test on Bogleheads.org: F and C grades
Replies: 24
Views: 6252

Re: SSL Labs test on Bogleheads.org: F and C grades

I recently just optimized my agency's site to a perfect A scoring now that there's some SEO paranoia by going all-SSL. Glad to help if the site admins need it - here's a basic guide though: m Can get most of the way there just by updating Ciphers (detailed in the link). Also realize that they're als...
by invest0
Sat Apr 25, 2015 11:16 am
Forum: Personal Consumer Issues
Topic: taking break from computer use - to avoid back pain
Replies: 17
Views: 1196

Re: taking break from computer use - to avoid back pain

Look into standing desks.

I kind of makeshift one from boxes. Just doing that for part of the day seems to leave me much more energized/focused. No back pain either.

Humans really aren't meant to sit for more than a couple hours at once.
by invest0
Sat Apr 25, 2015 11:13 am
Forum: Investing - Theory, News & General
Topic: Who follows Age in Bonds
Replies: 67
Views: 8959

Re: Who follows Age in Bonds

Am 30 but doing a 60/40, for the reason that I sold a business and got it with a big lump sum just a year ago.

Waiting for time to pass / possibly a bear before going fully age in bonds.

That is, if at all, as the idea of an early semi-retirement is appealing.
by invest0
Thu Nov 13, 2014 10:50 am
Forum: Personal Consumer Issues
Topic: Boglehead Beer
Replies: 729
Views: 135066

Re: Boglehead Beer

PBR?

:sharebeer
by invest0
Fri Nov 07, 2014 12:03 pm
Forum: Personal Consumer Issues
Topic: Uber Car and the real cost of driving
Replies: 71
Views: 10460

Re: Uber Car and the real cost of driving

Also live in Chicago and UberX most everywhere now. If you have a couple people with you, it's even cheaper than mass transit half the time. Usually it's not hard to find the total cost of ownership of a car if you Google. So far selling my own and using UberX has been a huge positive here. Couldn't...
by invest0
Tue Oct 14, 2014 2:00 pm
Forum: Personal Consumer Issues
Topic: Ebola preparation
Replies: 55
Views: 3938

Re: Ebola preparation

Considering that Ebola is less contagious than rabies and thousands of other diseases you're not hearing about, my advice is to turn off T.V. news and the rest of the mainstream media. Then stop worrying. You're still statistically more likely to be dumped by Tailor Swift in the United States. If yo...
by invest0
Thu Oct 02, 2014 10:13 am
Forum: Personal Finance (Not Investing)
Topic: Would you buy a house in cash if you had enough?
Replies: 59
Views: 8439

Re: Would you buy a house in cash if you had enough?

Was recently in a nearly identical situation last month. We took a 15 year mortgage @ 3% instead, as over the next 15 years, I am betting to outperform with a conservative 60/40 asset allocation. That said, there are obvious pros and cons, and if the peace of mind of having the home paid off is more...
by invest0
Sun Sep 14, 2014 6:59 pm
Forum: Personal Consumer Issues
Topic: External backup drives - Seagate vs Western Digital
Replies: 43
Views: 4910

Re: External backup drives - Seagate vs Western Digital

Here are 475 more reviews about that one to add to the 1 on Costco's site. m No experience myself, but seems a little lackluster. I actually just bought this one and can't stop raving about it: m Synology 213j NAS with two 3TB Western Digital Caviar Red drives for $430. Going with the diskless and b...
by invest0
Fri Aug 15, 2014 4:29 pm
Forum: Personal Consumer Issues
Topic: Who sells fresh coffee that is not as strong as Starbucks?
Replies: 50
Views: 3891

Re: Who sells fresh coffee that is not as strong as Starbuck

There are basically two types of coffee beans... arabica and robusta. Robusta has very high caffeine content, arabica does not. Arabica also tends to have much better flavor. Most of the time you see some blend of the two, but Starbucks is near 100% robusta. Typically in the U.S., people go nuts ove...
by invest0
Thu Aug 07, 2014 1:15 pm
Forum: Investing - Theory, News & General
Topic: Vanguard computer security
Replies: 67
Views: 5590

Re: Vanguard computer security

This (what Vanguard posted in the link above) was definitely NOT reassuring. They seem to think the "two factor authentication" means using your password (a given) AND having a cookie from previous visit(s). "...One key defense against online risk starts with each client's computer. ...
by invest0
Thu Jul 24, 2014 11:48 am
Forum: Investing - Theory, News & General
Topic: Consumer Staples > Total Index?
Replies: 9
Views: 2073

Re: Consumer Staples > Total Index?

This is fantastic, thanks everybody. :)

I was skeptical myself, but honestly just wasn't seeing a way to pick this apart.
by invest0
Tue Jul 22, 2014 7:15 pm
Forum: Investing - Theory, News & General
Topic: Consumer Staples > Total Index?
Replies: 9
Views: 2073

Consumer Staples > Total Index?

Obviously a bit of clickbait in this title, for this audience. But this blog struck me as interesting: m m and m I think at least most of us would agree with the notion of "boring is good" as indexers. But looking at the last 50 years, it seems that the consumer staples sector has both app...
by invest0
Sun Jun 15, 2014 3:40 pm
Forum: Investing - Theory, News & General
Topic: Buffett chooses S&P 500
Replies: 16
Views: 4626

Re: Buffett chooses S&P 500

Leesbro63 wrote:
"If"?


* evil Warren Buffett laugh *
by invest0
Fri Mar 07, 2014 11:28 am
Forum: Investing - Theory, News & General
Topic: Cash for Bear Market investing
Replies: 63
Views: 5021

Re: Cash for Bear Market investing

No cash outside of a sizable emergency fund (which my IPS says I won't invest). Like you though, I imagine, I am a somewhat newer Boglehead. I'm also a bit younger than I expect most of this crowd (30). One thing that I am doing, which maybe people can tell me if I'm crazy or not, is holding a 60-40...
by invest0
Thu Feb 27, 2014 7:00 pm
Forum: Investing - Help with Personal Investments
Topic: Tesla Motors Stock
Replies: 260
Views: 41425

Re: Tesla Motors Stock

And remember that Tesla only sells high end (expensive cars)...the vast majority of MBs 275k cars are their CLA class cars (they start at $30k). To that I say, you're describing TSLA's exact plan for the Model E. And, all of those Mercedez B-Class cars are already running on Tesla batteries and dri...
by invest0
Wed Feb 19, 2014 6:50 pm
Forum: Investing - Theory, News & General
Topic: $16 Billion for WhatsApp?!?!?!
Replies: 51
Views: 5294

Re: $16 BILLION for WhatsApp?!?!?!

They seem to want control over how those 450 million users communicate - not far off from 1/16th of the world population. You really don't need more than a few people to run a billion dollar company anymore. They can just buy and/or borrow the technology written by the millions that came before them.
by invest0
Wed Feb 19, 2014 1:09 am
Forum: Investing - Help with Personal Investments
Topic: Tesla Motors Stock
Replies: 260
Views: 41425

Re: Tesla Motors Stock

Lets not ignore the reviews of Tesla reliability by former celebrity owners. m Had to disable my Murdoch Block plugin. Clooney's quote begins: "I had a Tesla. I was one of the first cats with a Tesla," Elon Musk has had to answer to this particular hit repeatedly. Clooney did not own a Mo...
by invest0
Tue Feb 18, 2014 3:06 pm
Forum: Investing - Help with Personal Investments
Topic: Tesla Motors Stock
Replies: 260
Views: 41425

Re: Tesla Motors Stock

Yep, hilarious to see all the criticism and charting links this got when TSLA was at $100 a share. Now here we are at $200. I could see it continuing well past TSLA growing into a Google-like chart. They have to do some enormous things, obviously, for the kinds of expectations that are priced in to ...
by invest0
Sat Feb 08, 2014 1:16 pm
Forum: Investing - Help with Personal Investments
Topic: Poll: Which fixed income investment should livesoft choose?
Replies: 88
Views: 7922

Re: Poll: Which fixed income investment should livesoft choo

Could someone explain these two, possibly with specific examples? 3% guaranteed stable value fund, fully liquid 4.5% current-rate stable value fund with only a 2.5% guaranteed with limited liquidity (payout takes 9 years and day after starting payout) Considering the availability of something guaran...
by invest0
Fri Feb 07, 2014 2:52 pm
Forum: Personal Consumer Issues
Topic: I'm feeling old today
Replies: 97
Views: 9354

Re: I'm feeling old today

Jay69 wrote:I remember Jonny Carson's last show and now Jay Leno's last show.


I remember Jay Leno's last last show.
by invest0
Wed Feb 05, 2014 2:37 pm
Forum: Personal Finance (Not Investing)
Topic: $10+ M, age 49, seeking wisdom regarding retirement
Replies: 61
Views: 12236

Re: $10+ M, age 49, seeking wisdom regarding retirement

. . . considering shutting down small business that is no longer interesting/challenging to me. I'd simplify it to that. What is interesting/challenging to you? You could write a book, mentor, consult, become an artist, a philanthropist, do all sorts of things that might indeed be challenging to yo...
by invest0
Sat Feb 01, 2014 2:21 am
Forum: Investing - Theory, News & General
Topic: Jack Bogle: Forget EM Drops
Replies: 8
Views: 2550

Re: Jack Bogle: Forget EM Drops

"John Bogle, Vanguard founder provides his economic forecast for 2014"

:B
by invest0
Fri Jan 24, 2014 1:37 am
Forum: Personal Consumer Issues
Topic: Is it nuts to log on to your Vanguard account at the public
Replies: 33
Views: 3985

Re: Is it nuts to log on to your Vanguard account at the pub

When I worked for a major public library system, the PCs would reboot after a customer would use them, and a cleaning program would supposedly sanitize the machine of all malware and such. But I still wouldn't recommend using a public computer for anything involving sensitive logins. Note- I'm a bi...
by invest0
Sat Jan 18, 2014 5:10 pm
Forum: Investing - Theory, News & General
Topic: technology's impact
Replies: 18
Views: 1612

Re: technology's impact

fatlever wrote:I've been thinking about this topic and been putting off reading this book. Your post just made me order it on kindle to read on a lazy Saturday afternoon.


Nice! I was looking at this one too after seeing Andrew McAfee quoted in one of these articles. You'll have write a review. :)
by invest0
Sat Jan 18, 2014 5:00 pm
Forum: Investing - Theory, News & General
Topic: technology's impact
Replies: 18
Views: 1612

Re: technology's impact

...But as a developer/business owner myself, I can see plainly that even those roles have a very finite lifetime... honestly, it feels like I could launch a startup with the goal of killing any category of job and probably succeed within another 10 years. WOW! Where do I start? Please launch a star...
by invest0
Sat Jan 18, 2014 4:58 pm
Forum: Investing - Theory, News & General
Topic: technology's impact
Replies: 18
Views: 1612

Re: technology's impact

Necessary jobs? If you think technology is going to take over the world, then the necessary jobs are to create, build, deliver, repair, and recycle that technology. That's a logical response. But even if humans were needed for those bits, we certainly don't need billions of robot tenders. Machines ...
by invest0
Sat Jan 18, 2014 4:00 pm
Forum: Investing - Theory, News & General
Topic: technology's impact
Replies: 18
Views: 1612

technology's impact

Re: m ... and countless other such articles that I've noticed growing in popularity on tech sites. As I've finally eased my mind to the Boglehead philosophy in most ways, there just one topic that still keeps me up thinking/reading, and I couldn't find it discussed on these boards at all. I really h...
by invest0
Fri Dec 27, 2013 12:20 pm
Forum: Personal Consumer Issues
Topic: How many folks have a dog?
Replies: 112
Views: 11422

Re: How many folks have a dog?

Adopted a rescue a few months back, great pup (mix appears to be something a jackshund). Pure unending energy. Adorable though. Loves all people and other dogs. Some mild abandonment issues and will eat everything you put in front of her (apparently common in rescue dogs). All in all one of the best...
by invest0
Tue Dec 17, 2013 12:20 pm
Forum: Personal Consumer Issues
Topic: Evernote anyone?
Replies: 6
Views: 1094

Re: Evernote anyone?

I mostly use it with Skitch (screenshot app for Mac) while doing online marketing consulting - great for snapping a little piece of a website and then drawing all over it for fast visual aids in an email. Past that, the web app is pretty simple, just keeps notes organized. And there are tons of othe...
by invest0
Wed Dec 11, 2013 1:07 pm
Forum: Personal Consumer Issues
Topic: What's your definition of "drive it into the ground?"
Replies: 50
Views: 5578

Re: What's your definition of "drive it into the ground?"

Ha, I had an '02 of the exact same car. Said the exact same thing about it, it was pretty much a perfect car to just keep driving. Have head's up display?

I eventually caved after 5 years and it started to develop some odd behavior, traded it in for blue book value.
by invest0
Thu Dec 05, 2013 12:22 pm
Forum: Investing - Help with Personal Investments
Topic: Investing lump sums
Replies: 14
Views: 2149

Re: Investing lump sums

Oft debated. Here's my understanding of the lump sum: PRO: Statistically, I believe that you're more likely to profit in a lump-sum investment. The market goes up more than it goes down. CON: Lack of time diversification means that you could invest right on the brink of a 2001 type event and see a d...