Search found 363 matches

by malabargold
Thu Mar 23, 2017 12:36 pm
Forum: Investing - Help with Personal Investments
Topic: Help with my father's windfall
Replies: 25
Views: 2485

Re: Help with my father's windfall

I rarely suggest this, but in this case it seems prudent to use
life insurance (which I wouldn't call a windfall)
to pay off the massive (relative to income) debts.
And then, adopt a lifestyle to live beneath his means
asap!
by malabargold
Thu Mar 23, 2017 11:38 am
Forum: Investing - Theory, News & General
Topic: The $1,124,176 Car.
Replies: 99
Views: 7172

Re: The $1,124,176 Car.

Couldn't agree more.
We have 3 cars: 2 from 2000 and one from 1997
almost 700,000.
by malabargold
Tue Mar 21, 2017 10:10 pm
Forum: Investing - Help with Personal Investments
Topic: Thoughts on ADR OTC stock??
Replies: 13
Views: 612

Re: Thoughts on ADR OTC stock??

Pump and Dump?
by malabargold
Fri Mar 17, 2017 5:14 pm
Forum: Investing - Help with Personal Investments
Topic: Need advice on an inheritance.
Replies: 15
Views: 1271

Re: Need advice on an inheritance.

Clearcreekfisher,

Yes invest mostly in stocks - if you don't anticipate needing the money any time in the next 5-10 years. Things go up and down in span of less then this, but overall - direction is upward right!
Rainbow, Bookies, or Brownies?
by malabargold
Fri Mar 17, 2017 5:05 pm
Forum: Investing - Help with Personal Investments
Topic: Using 12-13% of Retirement Funds to pay off Mortgage?
Replies: 23
Views: 2013

Re: Using 12-13% of Retirement Funds to pay off Mortgage?

Good God - NO!
AND Kids are NOT expensive.
Best bargain you've ever made!
by malabargold
Thu Mar 16, 2017 7:15 pm
Forum: Investing - Theory, News & General
Topic: Anyone else taking less risk
Replies: 115
Views: 9313

Re: Anyone else taking less risk

Not in 50 years, because I've never seen a big market
pull back that wasn't a great buying opportunity in retrospect.
My dividends do a lot of buying these days.
by malabargold
Wed Mar 15, 2017 9:56 pm
Forum: Investing - Help with Personal Investments
Topic: Fidelity vs. Vangard?
Replies: 57
Views: 4549

Re: Fidelity vs. Vangard?

Fidelity has held an edge in service for a long time. MYTH! :oops: That said, there are already a gazillion threads on this. Mods need to merge them. I have had accounts with both for decades. We only have 2 left at Vanguard. The difference in service, availability and knowledge level of personnel ...
by malabargold
Wed Mar 15, 2017 9:42 pm
Forum: Investing - Theory, News & General
Topic: Fiduciary Checklist questions
Replies: 4
Views: 409

Re: Fiduciary Checklist questions

Why go with a local place?

If you don't want to manage your own investments
look into Vanguard portfolio advisory services or
a robo
by malabargold
Wed Mar 15, 2017 9:34 pm
Forum: Investing - Help with Personal Investments
Topic: Fidelity vs. Vangard?
Replies: 57
Views: 4549

Re: Fidelity vs. Vangard?

Fidelity has held an edge in service for a long time.

Now it is very competitive with Vanguard on price,
and often beats it.
by malabargold
Wed Mar 15, 2017 9:07 pm
Forum: Investing - Theory, News & General
Topic: Shiller says market is "way overpriced" - what a shocker
Replies: 34
Views: 4187

Re: Shiller says market is "way overpriced" - what a shocker

azanon wrote:At some point, prices really have to matter. They mattered to Bogle in the late 90s, and he took action based upon that. This fact is well documented.



Dumping stocks was a big mistake in hindsight
by malabargold
Wed Mar 15, 2017 9:02 pm
Forum: Investing - Help with Personal Investments
Topic: "Don't time the market" vs. "Buy low, sell high"
Replies: 69
Views: 4843

Re: "Don't time the market" vs. "Buy low, sell high"

Of course they are anything BUT mutually exclusive. I am quite confident that one day, the stock shares I've owned since the 1960's will one day be sold at a great profit, ditto the 1970's, etc., etc. "Not timing the market" implies long-term stock ownership, and it is exactly that very lo...
by malabargold
Sat Mar 11, 2017 5:02 pm
Forum: Investing - Theory, News & General
Topic: Alternative Strategy for Returns with S&P 500 P/E High
Replies: 23
Views: 1996

Re: Alternative Strategy for Returns with S&P 500 P/E High

Your money's been in for the long haul, right?
So you've already enjoyed a lot of out-sized returns.
Now it may - or may not - be time for smaller returns.

That's how it rolls, just go with it.

Bulls and bears make money, hogs get slaughtered
by malabargold
Sat Mar 11, 2017 8:57 am
Forum: Investing - Help with Personal Investments
Topic: Money, Children, Trusts, Oh My! - Parenting Tips Requested
Replies: 16
Views: 1846

Re: Money, Children, Trusts, Oh My! - Parenting Tips Requested

The right way isn't the easiest, as usual.

It's the years you put in of parenting, being an
active teacher, and an example, for your children that
will count most.

The right way to act will be ingrained in their psyche,
not merely codified in fallible tree pulp and ink.
by malabargold
Fri Mar 10, 2017 2:28 pm
Forum: Investing - Theory, News & General
Topic: Sitting on cash....Waiting for a crash
Replies: 129
Views: 17164

Re: Sitting on cash....Waiting for a crash

You really don't seem to have the mindset to be a successful
long term stock investor.
You are going to be chasing your tail,
a behavioral pattern that will lock in sub par performance.
by malabargold
Thu Mar 09, 2017 9:41 pm
Forum: Investing - Help with Personal Investments
Topic: FI, early retirement at 40, how to get relevant tax advice?
Replies: 46
Views: 5431

Re: FI, early retirement at 40, how to get relevant tax advice?

Try to find jobs that aren't soul-crushing, but soul-nurturing.
They do exist!
by malabargold
Thu Mar 09, 2017 3:35 pm
Forum: Investing - Help with Personal Investments
Topic: FI, early retirement at 40, how to get relevant tax advice?
Replies: 46
Views: 5431

Re: FI, early retirement at 40, how to get relevant tax advice?

I don't think you can do it, at least not without regrets. Healthcare for six will only get more expensive. It gets even more expensive as you and your children get older. Most top colleges only give financial aid, not merit aid. And they do look into your investment portfolio, not just income. Righ...
by malabargold
Wed Mar 08, 2017 12:18 pm
Forum: Personal Finance (Not Investing)
Topic: How to make it easier for spouse upon death
Replies: 91
Views: 11579

Re: How to make it easier for spouse upon death

A Word document will only get one so far. There simply is no substitute for at minimum, imparting your knowledge onto your various beneficiaries, Trustees, Executors, and Assigns. Financial landscapes shift, and the next great con artist lurks on each month's planning calendar. No easy substitute fo...
by malabargold
Mon Mar 06, 2017 9:48 pm
Forum: Personal Finance (Not Investing)
Topic: Too much house to buy in cash?
Replies: 14
Views: 1588

Re: Too much house to buy in cash?

Way too much unless you want to spend that retirement stuck "at home"
by malabargold
Thu Mar 02, 2017 1:04 pm
Forum: Investing - Help with Personal Investments
Topic: Timing the Market (just once)
Replies: 37
Views: 2702

Re: Timing the Market (just once)

O.K. Say it tanks in 5 years.
95% of your net worth is this cash.
Will you have the fortitude to dump it all in?

Then what if it crashes even further?
by malabargold
Tue Feb 28, 2017 8:00 pm
Forum: Investing - Theory, News & General
Topic: Fidelity drops equity trade fee to $4.95
Replies: 63
Views: 4871

Re: Fidelity drops equity trade fee to $4.95

I wouldn't use M-L if they paid me. The bastion of high fees and fighting fiduciary rules for far too long. We're talking Merrill Edge. That's a great discount brokerage. Merrill-Lynch raised to the power of Bank of America. Two of the worst financial services companies for customers known, in my e...
by malabargold
Tue Feb 28, 2017 5:04 pm
Forum: Investing - Theory, News & General
Topic: Fidelity drops equity trade fee to $4.95
Replies: 63
Views: 4871

Re: Fidelity drops equity trade fee to $4.95

I wouldn't use M-L if they paid me.

The bastion of high fees and fighting fiduciary rules
for far too long.
by malabargold
Mon Feb 27, 2017 11:19 am
Forum: Investing - Theory, News & General
Topic: Buffett chides his students for charging too much
Replies: 3
Views: 1484

Re: Buffett chides his students for charging too much

I think it's unfair to characterize these high-priced hedge fund type managers as his offspring.
Perhaps Julian Robertson's, et al is more appropriate.
by malabargold
Mon Feb 27, 2017 10:10 am
Forum: Investing - Theory, News & General
Topic: Buffett interview Monday 2/27
Replies: 38
Views: 4125

Re: Buffett interview Monday 2/27

Thanks for the Info. I just submitted a question via Facebook. There are numerous questions about his index fund recommendations. I asked why he doesn't think it is a good idea to hold a portion in bonds to protect yourself from bad markets and behavioral mistakes. Has he said this somewhere for th...
by malabargold
Tue Feb 21, 2017 9:07 pm
Forum: Investing - Theory, News & General
Topic: For people who think the market is going to crash, where along the continuum are we?
Replies: 117
Views: 10676

Re: For people who think the market is going to crash, where along the continuum are we?

I don't just think it's going to crash,
I KNOW it's going to crash.
When? That's the rub!
by malabargold
Tue Feb 21, 2017 9:01 pm
Forum: Investing - Help with Personal Investments
Topic: Is 60/40 too conservative for 31 year old?
Replies: 56
Views: 4752

Re: Is 60/40 too conservative for 31 year old?

It's fine.

I've been essentially 95-100% stocks since the
1960's, but big drops never have bothered me.

Any recipe that caters to your specific risk tolerance and keeps
you invested, and prevents waves of panic selling, and panic buying, is a good plan
by malabargold
Tue Feb 21, 2017 8:36 pm
Forum: Personal Consumer Issues
Topic: Tesla Model X Review, 2 Months In
Replies: 42
Views: 5106

Re: Tesla Model X Review, 2 Months In

This is why I have 2 cars.

A 2000 E320 wagon and a 1997 Camry-
nearing a combined 800,000 miles.

The Tesla will have to wait.
by malabargold
Tue Feb 21, 2017 8:23 pm
Forum: Investing - Theory, News & General
Topic: Extreme Valuations, and why you should reconsider
Replies: 307
Views: 20174

Re: Extreme Valuations, and why you should reconsider

Stocks go up, stocks go down - this is news, this is insight?
No.
by malabargold
Tue Feb 21, 2017 8:19 pm
Forum: Personal Finance (Not Investing)
Topic: IPhone in Japan
Replies: 20
Views: 3466

Re: IPhone in Japan

Messaging and photo sharing with the LINE app
is free and flawless
by malabargold
Tue Feb 21, 2017 8:15 pm
Forum: Personal Consumer Issues
Topic: Does anyone else have (possibly too much) fun dealing with finances?
Replies: 69
Views: 4919

Re: Does anyone else have (possibly too much) fun dealing with finances?

There is a danger in too much handling - investments are like a bar of soap
by malabargold
Sat Feb 18, 2017 6:46 pm
Forum: Investing - Help with Personal Investments
Topic: Who would quit playing if they already won?
Replies: 106
Views: 10754

Re: Who would quit playing if they already won?

This is the most meaningless, and sad, phrase I hear on this website - as if people just spend their working lives, and their pastime, in the robotic accumulation of wealth, so they can quit their dreaded occupation, and investing once they "have theirs" Many I believe work and invest for ...
by malabargold
Fri Feb 17, 2017 12:33 pm
Forum: Investing - Help with Personal Investments
Topic: Inheritance advice
Replies: 17
Views: 1488

Re: Inheritance advice

But you are not considering the flip-side, an important factor, and one which completely changes the moral of your story. Had you invested the money, even then (assuming you had a proper emergency fund) - your returns, plus dividends, would be very handsome indeed, - most houses even now, are just ...
by malabargold
Fri Feb 17, 2017 11:39 am
Forum: Investing - Help with Personal Investments
Topic: Inheritance advice
Replies: 17
Views: 1488

Re: Inheritance advice

Welcome to the Forum. Your 2016 story is my 2008 story. In 2008 I'd been throwing extra money at my mortgage, and the balance was down to @$40,000. I received an inheritance. Everybody's advice was consistent: Do not pay off the mortgage, and use the inheritance money to fund your retirement. But I...
by malabargold
Thu Feb 16, 2017 8:53 am
Forum: Investing - Help with Personal Investments
Topic: Is it reasonable to have 100% in the stock market?
Replies: 58
Views: 5949

Re: Is it reasonable to have 100% in the stock market?

I've done it since the 1960's.
Worked out ok.
by malabargold
Thu Feb 16, 2017 8:13 am
Forum: Investing - Help with Personal Investments
Topic: CRISPR Cas9 [Molecular biology - Targeted genome editing]
Replies: 9
Views: 867

Re: CRISPR Cas9

I think researchers at North Carolina State were there
5 years earlier and hold around 20 patents involving CRISPR-Cas9 - but strictly related to prokaryotes and food science, which would seem to be very commercially viable, but I have not identified any startups from them.
by malabargold
Thu Feb 16, 2017 7:57 am
Forum: Investing - Help with Personal Investments
Topic: CRISPR Cas9 [Molecular biology - Targeted genome editing]
Replies: 9
Views: 867

Re: CRISPR Cas9

I think it probably has more than most biotech lottery tickets going for it.
So do MIT/Harvard, North Carolina State and Berkeley!
by malabargold
Wed Feb 15, 2017 11:45 pm
Forum: Investing - Help with Personal Investments
Topic: CRISPR Cas9 [Molecular biology - Targeted genome editing]
Replies: 9
Views: 867

CRISPR Cas9 [Molecular biology - Targeted genome editing]

Anyone following/investing in the CRISPR Cas9 saga playing out
in biotech? Editas vs Crispr therapeutics, etc?
by malabargold
Tue Feb 14, 2017 11:24 pm
Forum: Investing - Theory, News & General
Topic: What Happened to Proxy Voting?
Replies: 13
Views: 1148

Re: What Happened to Proxy Voting?

It's been all electronic votes at our brokerages for
2 or 3 years
by malabargold
Tue Feb 14, 2017 7:34 pm
Forum: Personal Consumer Issues
Topic: New cars or Pool?
Replies: 65
Views: 4102

Re: New cars or Pool?

Pool owner for 30 years.
Easy to care for in my opinion.
But drown-proof the kids and watch out
for the attractive nuisance
by malabargold
Tue Feb 14, 2017 7:30 pm
Forum: Investing - Help with Personal Investments
Topic: Moving 20% into cash
Replies: 32
Views: 2775

Re: Moving 20% into cash

The main thing for long term investing success is not to be
so concerned with letting drops occur.

I've been a nearly 100% stock investor since the 1960's
and seen tremendous booms and crashes. Just ignoring it all and letting it ride has worked out very very well
by malabargold
Tue Feb 14, 2017 7:22 pm
Forum: Investing - Theory, News & General
Topic: Are stock valuations so high because interest rates are so low?
Replies: 28
Views: 2295

Re: Are stock valuations so high because interest rates are so low?

In part, but, much more so, that's why BOND values are bubblicious.
by malabargold
Tue Feb 14, 2017 7:17 pm
Forum: Investing - Theory, News & General
Topic: Investing for kids...
Replies: 5
Views: 532

Re: Investing for kids...

Given the willful lack of financial literacy in this country,
I doubt you'd have a publishing success on your hands.

Best way to teach kids is to give them an account, and
have them earn, save and invest along side you.
by malabargold
Tue Feb 14, 2017 3:44 pm
Forum: Personal Finance (Not Investing)
Topic: Insane Bloodwork Cost (Quest Diagnostic)
Replies: 51
Views: 4377

Re: Insane Bloodwork Cost (Quest Diagnostic)

Now I will chime in on the part that the OP will not be happy about. There is some personal responsibility here. You CHOSE a high deductible plan with very low premiums. That means the risk is being shifted on YOU. If you want better insurance that covers more (yours must be be pretty bad if they d...
by malabargold
Tue Feb 14, 2017 3:31 pm
Forum: Investing - Help with Personal Investments
Topic: Looking for opinions [when to invest cash]
Replies: 7
Views: 584

Re: Looking for opinions

No one can predict the future.

Look yourself in the mirror.
When the market goes down 30% in a few short days will you see it as a buying opportunity,
or will you be petrified that it will go down another 30%?

Only you can set the allocation right for your temperment, and saving/spending habits.
by malabargold
Tue Feb 14, 2017 3:25 pm
Forum: Investing - Help with Personal Investments
Topic: Closed my Roth IRA due to political uncertainty - mistake???
Replies: 102
Views: 5907

Re: Closed my Roth IRA due to political uncertainty - mistake???

Read the story about the guy who only invested at "market highs"
-right before big drops.

You say you are risk averse, but what about the risk of inflation?
by malabargold
Mon Feb 13, 2017 8:55 am
Forum: Personal Finance (Not Investing)
Topic: Late father appears not to have taken RMDs
Replies: 34
Views: 3859

Re: Late father appears not to have taken RMDs

Tax lawyer.
Otherwise things worse than an IRA
will have been inherited.
by malabargold
Sat Feb 11, 2017 9:27 pm
Forum: Personal Consumer Issues
Topic: Saved too much? What do you splurge on?
Replies: 90
Views: 8895

Re: Saved too much? What do you splurge on?

Donations to aid
Battered kids
Battered women
Battered animals
by malabargold
Fri Feb 10, 2017 5:59 pm
Forum: Personal Consumer Issues
Topic: Boats
Replies: 36
Views: 3122

Re: Boats

Check out Boston Whaler line before you buy
by malabargold
Wed Feb 08, 2017 8:00 pm
Forum: Personal Consumer Issues
Topic: Hardwood floors vs Wood Look Tile?
Replies: 68
Views: 5599

Re: Hardwood floors vs Wood Look Tile?

Really high-end wood-look tile appears indistinguishable
from exotic wood at point blank range.

It will be cooler to the touch without under the floor
radiant heat however

Go to advanced search