Search found 8608 matches

by letsgobobby
Fri Feb 12, 2016 8:23 pm
Forum: Investing - Help with Personal Investments
Topic: Time to halt mortgage prepayments and invest in taxable?
Replies: 14
Views: 989

Re: Time to halt mortgage prepayments and invest in taxable?

With stocks down and bonds up, the equity risk premium has increased so stocks are more attractive than they were. That said, you should not compare your mortgage rate to stocks, but rather to bonds. And on that note, prepayment of your mortgage has become more attractive than it was, because the av...
by letsgobobby
Fri Feb 12, 2016 1:57 pm
Forum: Investing - Theory, News & General
Topic: Yellen: "We're taking a look at negative interest rates."
Replies: 41
Views: 4490

Re: Yellen: "We're taking a look at negative interest rates."

NY Times explanation of negative rates; http://www.nytimes.com/2016/02/13/upshot/negative-interest-rates-are-spreading-across-the-world-heres-what-you-need-to-know.html?hp&action=click&pgtype=Homepage&clickSource=story-heading&module=first-column-region&region=top-news&WT.nav...
by letsgobobby
Fri Feb 12, 2016 3:00 am
Forum: Personal Finance (Not Investing)
Topic: Key West and everglades trip
Replies: 23
Views: 1369

Re: Key West and everglades trip

miami zoo
everglades are neat
by letsgobobby
Thu Feb 11, 2016 2:56 pm
Forum: Investing - Theory, News & General
Topic: Yellen: "We're taking a look at negative interest rates."
Replies: 41
Views: 4490

Re: Yellen: "We're taking a look at negative interest rates."

This would occur in a deflationary or near-deflationary environment, so the impulse to spend is much weaker than you suggest. This in fact is the slippery slope of deflation. The consumer benefits from delaying spending, because prices are falling. Next month, the car will cost $100 less. So spendin...
by letsgobobby
Thu Feb 11, 2016 2:10 pm
Forum: Investing - Theory, News & General
Topic: Yellen: "We're taking a look at negative interest rates."
Replies: 41
Views: 4490

Re: Yellen: "We're taking a look at negative interest rates."

It'd be more reason to hold TBM for the time being; as rates continue to fall, TBM will go up in value because the higher rates are that much more attractive. At some point the yield will approach near-zero or negative rates if such rates have been attained across the board, but not until/if that ha...
by letsgobobby
Thu Feb 11, 2016 1:33 pm
Forum: Personal Finance (Not Investing)
Topic: What is your decline in Net Worth as of today?
Replies: 72
Views: 5768

Re: What is your decline in Net Worth as of today?

I only check quarterly so Jan 1 was a relative high point. Global and US stocks haven't been in lockstep all of the last year, but I'm guessing VXUS is down ~ 20% from its highs and VTI down ~15% from its highs, and US bonds are sharply higher so (input cartoonish computer sounds here)... my 60/40 p...
by letsgobobby
Thu Feb 11, 2016 12:51 pm
Forum: Investing - Theory, News & General
Topic: Today's Market Open supposed be Brutal...........
Replies: 39
Views: 3068

Re: Today's Market Open supposed be Brutal...........

... The market going up, down, and sideways is normal. So is going down and staying down a really really long time. That's why god invented cash and bonds. Nope. If you look at the worst 5 or 6 equity droughts through history (there was a DFA presentation linked on here awhile back showing this) th...
by letsgobobby
Tue Feb 09, 2016 8:31 pm
Forum: Personal Consumer Issues
Topic: Planning a High-Value Wedding Regardless of Cost
Replies: 55
Views: 2832

Re: Planning a High-Value Wedding Regardless of Cost

wanted to add, we also did things pretty simple on many levels. It was a large wedding (250 guests) by American standards, but not by Vietnamese American standards. We kept the guest list to real friends, family, and friends of family, etc, including extended family and church members of course but ...
by letsgobobby
Tue Feb 09, 2016 4:07 pm
Forum: Personal Consumer Issues
Topic: Planning a High-Value Wedding Regardless of Cost
Replies: 55
Views: 2832

Re: Planning a High-Value Wedding Regardless of Cost

I suggest you marry someone Vietnamese. That way all the guests will bring you cash. It's possible other cultures do the same thing. I can't speak from experience, however. On a serious note, our reception was at an authentic Chinese/Vietnamese restaurant. Ten course seafood meal, about $400 per tab...
by letsgobobby
Tue Feb 09, 2016 12:59 pm
Forum: Investing - Help with Personal Investments
Topic: How to respond to a siblings who gloats over a great stock pick?
Replies: 51
Views: 2919

Re: How to respond to a siblings who gloats over a great stock pick?

I smiled and nodded...but it's not easy being an index fund investor when some around you point out the great gains they've had in picking individual stocks. How would you respond? I would sincerely congratulate my sibling on their skill and luck. However, I have no interest in the wall street casi...
by letsgobobby
Mon Feb 08, 2016 6:55 pm
Forum: Personal Finance (Not Investing)
Topic: W2 Box 12 question
Replies: 3
Views: 478

Re: W2 Box 12 question

thank you!
by letsgobobby
Mon Feb 08, 2016 6:52 pm
Forum: Investing - Help with Personal Investments
Topic: [REVISED] Losing money to change asset allocation?
Replies: 14
Views: 967

Re: Losing money to change asset allocation?

What are you going to do if, after you make the exchange, the S&P500 proceeds to underperform the extended market by 20 percent? Are you going to switch back?
by letsgobobby
Mon Feb 08, 2016 1:50 pm
Forum: Personal Finance (Not Investing)
Topic: W2 Box 12 question
Replies: 3
Views: 478

W2 Box 12 question

According to Tax Act, code "W" is for "Employer contributions to your HSA". The number on my W2 is $6650. In 2015 my employer contributed $1600 and I contributed $5050. IRS instructions for W2 say: "Code W—Employer contributions to a health savings account (HSA). Show any em...
by letsgobobby
Mon Feb 08, 2016 1:21 pm
Forum: Investing - Help with Personal Investments
Topic: Thank goodness for my precious metals
Replies: 63
Views: 3408

Re: Thank goodness for my precious metals

I don't know that inflation isn't going up a lot (although not necessarily exponentially). I also don't know that the dollar will be the king currency forever. Because I don't know those things, I think it is wise to have some money that can't be destroyed by inflation. But maybe that's just me. It...
by letsgobobby
Mon Feb 08, 2016 12:27 pm
Forum: Investing - Help with Personal Investments
Topic: Thank goodness for my precious metals
Replies: 63
Views: 3408

Re: Thank goodness for my precious metals

You need to have a small allocation in PM. No, I don't, or at least not beyond any exposure to the mining companies in the major market indexes. My diversification comes from owning thousands of stocks in the global markets through my holdings in VTI and VXUS/VEU; and from a 40% fixed income positi...
by letsgobobby
Mon Feb 08, 2016 12:05 pm
Forum: Investing - Help with Personal Investments
Topic: Thank goodness for my precious metals
Replies: 63
Views: 3408

Re: Thank goodness for my precious metals

You need to have a small allocation in PM. No, I don't, or at least not beyond any exposure to the mining companies in the major market indexes. My diversification comes from owning thousands of stocks in the global markets through my holdings in VTI and VXUS/VEU; and from a 40% fixed income positi...
by letsgobobby
Sat Feb 06, 2016 4:03 pm
Forum: Investing - Theory, News & General
Topic: Case for Bull Market Next 15-20 Years
Replies: 18
Views: 2620

Re: Case for Bull Market Next 15-20 Years

I don't believe we are in a bull market. I don't really believe we are in a bear market. I am agnostic on the issue because those kinds of things are easier to see in retrospect. What is a secular bull market? I think it means a long period of time in which stocks rise, not only because earnings ris...
by letsgobobby
Sat Feb 06, 2016 1:23 am
Forum: Investing - Help with Personal Investments
Topic: How do you invest your DAF? [Donor Advised Fund]
Replies: 16
Views: 1003

Re: How do you invest your DAF? [Donor Advised Fund]

40% international stocks
30% domestic stocks
30% us bonds

Fidelity
by letsgobobby
Fri Feb 05, 2016 9:38 pm
Forum: Investing - Help with Personal Investments
Topic: Disappointed in International Funds
Replies: 42
Views: 3375

Re: Disappointed in International Funds

I'm disappointed with the performance of my two international funds that I purchased back in 2012. Annual growth in 4 years has been a tepid 2%, which is much less than what I would have done if they were in the S&P 500. I purchased this on the advice of the Vanguard Advisory Services. Do you t...
by letsgobobby
Fri Feb 05, 2016 12:45 am
Forum: Personal Finance (Not Investing)
Topic: Maxing out then quickly paying off credit cards?
Replies: 18
Views: 1131

Re: Maxing out then quickly paying off credit cards?

are you worried about your credit in the near term?

You're talking about $400 for no work at all.

There's no point in having good credit if you never use it.
by letsgobobby
Thu Feb 04, 2016 5:20 pm
Forum: Personal Consumer Issues
Topic: Charities for Bogleheads?
Replies: 30
Views: 1660

Re: Charities for Bogleheads?

Who cares about everything you read? You only need to know about your one charity. You sound more qualified than most to dig into the weeds and find out what's going on. Do it.
by letsgobobby
Thu Feb 04, 2016 2:14 pm
Forum: Personal Consumer Issues
Topic: Chicken rub
Replies: 34
Views: 2253

Re: Chicken rub

try this
3 TB of olive oil
2 tsp salt
1 tsp pepper
2 TB of lime juice
1 TB smoked paprika

but I do just wing it
by letsgobobby
Thu Feb 04, 2016 1:44 pm
Forum: Personal Consumer Issues
Topic: Chicken rub
Replies: 34
Views: 2253

Re: Chicken rub

olive oil
salt
pepper
lime juice
smoked paprika

it is awesome
by letsgobobby
Thu Feb 04, 2016 1:41 pm
Forum: Personal Consumer Issues
Topic: Sibling's destination wedding?
Replies: 110
Views: 6070

Re: Sibling's destination wedding?

There's a lot going on here. As others have pointed out, modern American families are often very far-flung and no one destination is obvious. In our case we had first degree relatives and very close friends in Michigan, Utah, Texas, California, Hawaii, Washington, Oregon, DC, New York, and North Car...
by letsgobobby
Thu Feb 04, 2016 12:47 pm
Forum: Personal Consumer Issues
Topic: Cost of home addition? Should I do it?
Replies: 44
Views: 2954

Re: Cost of home addition? Should I do it?

Context matters a lot. In some very high priced areas, tearing down is the norm and additions aren't really worth the hassle. In our area, which is a very tight market but not very high priced, additions make a lot of sense. Tear downs are not cost effective because housing isn't that expensive, but...
by letsgobobby
Thu Feb 04, 2016 11:13 am
Forum: Investing - Theory, News & General
Topic: Global debt, global growth, and expected returns
Replies: 13
Views: 1263

Global debt, global growth, and expected returns

http://www.nytimes.com/2016/02/04/business/dealbook/toxic-loans-in-china-weigh-on-global-growth.html?_r=0 I have wondered about this a long time. If household debt is a drag on a household's ability to save (and invest), aren't very high levels of global debt likely to impact global savings, investm...
by letsgobobby
Wed Feb 03, 2016 3:57 pm
Forum: Investing - Theory, News & General
Topic: Decided to try timing the market. 100% short on 9/17/15
Replies: 332
Views: 36371

Re: Decided to try timing the market. 100% short on 9/17/15

worse than that, he has not visited the forum since January 14. So I guess we will never get to hear how incredibly awesome his timing system is. Instead, we will have to live with the knowledge that he lost 25% in 4.5 months and just assume that eventually he will recoup all those losses and then s...
by letsgobobby
Wed Feb 03, 2016 3:44 pm
Forum: Investing - Help with Personal Investments
Topic: Newbie, stuck in life insurance policy.
Replies: 18
Views: 1329

Re: Newbie, stuck in life insurance policy.

surrender value = $0 confirms that you are not getting an 8% return. you got a -100% return. I'm sorry to be another bearer of bad news, but you really should cease all payments to this policy; let it lapse; and vow never to use life insurance as an investment vehicle instead. Immediately buy any/al...
by letsgobobby
Wed Feb 03, 2016 1:58 pm
Forum: Personal Consumer Issues
Topic: perfectly happy with cable
Replies: 124
Views: 6198

Re: perfectly happy with cable

I still don't hear an option for viewing local sports televised on local cable. It sounds like ESPN might be available elsewhere, legally or not, but there are many other cable sports channels that broadcast sports. We are not the hugest sports fans in the world, but this year we did buy season tick...
by letsgobobby
Wed Feb 03, 2016 12:36 pm
Forum: Personal Finance (Not Investing)
Topic: Anybody budget for daycare like it is college?
Replies: 54
Views: 3284

Re: Anybody budget for daycare like it is college?

I don't have kids Based on your first post: Has it always been this way for two working parents? Somehow my parents pieced together other ways for my sister and I to be taken care of before school age, and after school, etc. (And it wasn't grandma). There is no way they could have afforded a second...
by letsgobobby
Wed Feb 03, 2016 9:35 am
Forum: Personal Finance (Not Investing)
Topic: Anybody budget for daycare like it is college?
Replies: 54
Views: 3284

Re: Anybody budget for daycare like it is college?

Has it always been this way for two working parents? Somehow my parents pieced together other ways for my sister and I to be taken care of before school age, and after school, etc. (And it wasn't grandma). There is no way they could have afforded a second mortgage payment each month. Some of us wit...
by letsgobobby
Wed Feb 03, 2016 1:05 am
Forum: Personal Consumer Issues
Topic: Cost of home addition? Should I do it?
Replies: 44
Views: 2954

Re: Cost of home addition? Should I do it?

In our remodel, which sounds a lot like davebo 's: https://www.bogleheads.org/forum/viewtopic.php?f=11&t=174514&hilit=house we were recently told that 90% of the addition will be completed without disrupting our current living space at all. This is because they will build the additional wing...
by letsgobobby
Tue Feb 02, 2016 7:37 pm
Forum: Investing - Theory, News & General
Topic: Decided to try timing the market. 100% short on 9/17/15
Replies: 332
Views: 36371

Re: Decided to try timing the market. 100% short on 9/17/15

At the end of December he wrote that the price level had stayed just above the moving average, so he stayed long. That is why he lost another ~5% or so in January, but likely should go short in February.

Of his 25% loss in 4.5 months, he has made back about 2% today.
by letsgobobby
Tue Feb 02, 2016 5:07 pm
Forum: Personal Consumer Issues
Topic: Cost of home addition? Should I do it?
Replies: 44
Views: 2954

Re: Cost of home addition? Should I do it?

It is not purely a consumption item, adding square footage and a true master suite will definitely have some positive return in almost any market. Maybe 50% or more. If you're going to live there a long while I would absolutely do it, especially if it makes your wife happy. Cost, will vary widely bu...
by letsgobobby
Tue Feb 02, 2016 10:24 am
Forum: Personal Finance (Not Investing)
Topic: Physician buying an 850k vs 1.25m house
Replies: 54
Views: 5111

Re: Physician buying an 850k vs 1.25m house

How much time have you previously spent in this dream location?
by letsgobobby
Tue Feb 02, 2016 12:58 am
Forum: Investing - Theory, News & General
Topic: Decided to try timing the market. 100% short on 9/17/15
Replies: 332
Views: 36371

Re: Decided to try timing the market. 100% short on 9/17/15

Given the big declines this month, it seems likely the OP has now gone 100% short on 2/1. The S&P500 fell about 5% in January and he had said he was was very close to the threshold. So that's another -5% to add to his returns. I'm not keeping tabs on a total return but it's around -25% in 4.5 mo...
by letsgobobby
Mon Feb 01, 2016 8:43 pm
Forum: Investing - Theory, News & General
Topic: Yeah, I Timed...
Replies: 26
Views: 4030

Re: Yeah, I Timed...

What does this gain you? Say you have a $2 million portfolio. You gamble by moving $25k into stocks that you shouldn't have, get lucky and pick the precise bottom, and then sell after a ten percent run up. That's an extra 1% you squeezed out of a portfolio, if everything goes precisely right and you...
by letsgobobby
Mon Feb 01, 2016 4:39 pm
Forum: Personal Finance (Not Investing)
Topic: Giving to vs. saving for charity
Replies: 39
Views: 1943

Re: Giving to vs. saving for charity

I was just wondering how Bogleheads approach planning gifts to charity? I try to give some but don't currently get any tax benefit. I have to admit this hurts my motivation to give. I'm thinking my current plan is about 2.5% of my income going directly to charity and then earmark 2.5% to save for f...
by letsgobobby
Mon Feb 01, 2016 2:17 pm
Forum: Personal Consumer Issues
Topic: Where to Stay in San Francisco?
Replies: 37
Views: 2500

Re: Where to Stay in San Francisco?

We went to San Francisco in the spring last year. Due to the high price of lodging, we stayed at the Marriott Residence Inn in South San Francisco. Still not cheap, but had free parking, free breakfast, and the rooms are always good for families. With kids we are a little hesitant about VRBO in a bi...
by letsgobobby
Mon Feb 01, 2016 2:11 pm
Forum: Personal Consumer Issues
Topic: Stovetop Tea Kettle Recommendations?
Replies: 22
Views: 1441

Re: Stovetop Tea Kettle Recommendations?

I see these pretty regularly at garage sales (which I don't go to at all, but when I did a few times, there was always a kettle). We bought one 15 years ago for $5. It has not rusted and most importantly the handle does not heat up when it is on the stove. I hate design flaws like that, they're inex...
by letsgobobby
Sun Jan 31, 2016 9:47 am
Forum: Personal Consumer Issues
Topic: Unwinding day old terrible car deal for mother-in-law
Replies: 186
Views: 15756

Re: Unwinding day old terrible car deal for mother-in-law

In my opinion the only angle you have here is the falsified income. In all other respects this is just a bad deal - not fraud. Bad deals aren't, as a rule, llegal. That's why it's incumbent upon signatories to any contract to read and understand the entire contract before signing - not after. No evi...
by letsgobobby
Sat Jan 30, 2016 8:34 am
Forum: Investing - Theory, News & General
Topic: Who else is holding in cash? [For future investing]
Replies: 66
Views: 4216

Re: Who else is holding in cash?

I am about 56% in cash now (the bulk is in my liquid savings account) and waiting for a good buying opportunity. I'm 41 and plan to retire at 70 but as long as I can work I will. I know market timing is a bad idea but lets face it we are long overdue for a significant drop and I think it could happ...
by letsgobobby
Thu Jan 28, 2016 4:26 pm
Forum: Personal Consumer Issues
Topic: perfectly happy with cable
Replies: 124
Views: 6198

Re: perfectly happy with cable

It's not so much what we need. It's what is available. There is no competition for high speed.
by letsgobobby
Thu Jan 28, 2016 4:25 pm
Forum: Investing - Theory, News & General
Topic: What is your favorite Financial Quote or Metaphor??
Replies: 179
Views: 9408

Re: What is your favorite Financial Quote or Metaphor??

Everyone has a plan, until they get punched in the face.

Mike Tyson
by letsgobobby
Thu Jan 28, 2016 11:35 am
Forum: Personal Consumer Issues
Topic: perfectly happy with cable
Replies: 124
Views: 6198

Re: perfectly happy with cable

I think without any high speed internet competition, there is no real money saving to be done with any other option. High speed internet, stand alone, will cost us $100 per month, and it is required for my wife's job. So that's our starting point. For the extra $100, we get the rest, so it doesn't s...
by letsgobobby
Thu Jan 28, 2016 9:40 am
Forum: Personal Consumer Issues
Topic: perfectly happy with cable
Replies: 124
Views: 6198

Re: perfectly happy with cable

If you're happy, great! Being happy is awesome. You're happy, Time Warner is happy, the cable guy is happy. But for a lot of people $200 on passive entertainment is a HECK of a lot of money. For my part, I've never had cable TV in my life. $200 would get me 16 movies in a theater. I'm lucky if I ha...
by letsgobobby
Wed Jan 27, 2016 2:05 pm
Forum: Personal Consumer Issues
Topic: perfectly happy with cable
Replies: 124
Views: 6198

Re: perfectly happy with cable

Purpose of thread, I suppose, was to see if there are indeed other options for sports. There are ways to watch the rest through various devices and services, though it sounds complicated. We only have one TV so some of the problems described with multiple devices would not be a barrier. Have thought...
by letsgobobby
Wed Jan 27, 2016 1:01 pm
Forum: Personal Consumer Issues
Topic: perfectly happy with cable
Replies: 124
Views: 6198

Re: perfectly happy with cable

I signed up for Amazon Prime once, but when I looked at the movies that were actually available I was very disappointed and cancelled. We've had Netflix from time to time but with all the upgraded streaming that Comcast has added, there's no need now. Two weeks ago I was able to go the airport, use ...
by letsgobobby
Wed Jan 27, 2016 10:14 am
Forum: Personal Consumer Issues
Topic: perfectly happy with cable
Replies: 124
Views: 6198

Re: perfectly happy with cable

From some of the replies, I can see one of the advantages of cable is the simplicity. Slingbox, roku, apple tv, Hulu, Netflix, amazon... I'm sure I could figure it all out eventually but cable isn't giving me a reason to do so. However without live sports, and if we had the ability to get high speed...

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