Search found 396 matches

by malabargold
Tue Sep 19, 2017 10:40 am
Forum: Personal Finance (Not Investing)
Topic: Where to park $200K cash?
Replies: 21
Views: 2080

Re: Where to park $200K cash?

The risk, of course,that you will be taking on by not taking risk,
is the corrosive power of inflation
by malabargold
Thu Sep 07, 2017 9:53 pm
Forum: Personal Finance (Not Investing)
Topic: Picking College and College Scholarships
Replies: 422
Views: 36591

Re: Picking College and College Scholarships

Yep, but it's still not a relative strength for most.
Your example proves my premise.
For example, I can think of no other discipline in which
Harvard ranks 23rd
by malabargold
Thu Sep 07, 2017 9:37 pm
Forum: Personal Finance (Not Investing)
Topic: Paying 4 years tuition for college to get discount?
Replies: 22
Views: 2337

Re: Paying 4 years tuition for college to get discount?

Since many students do a semester abroad, would that semester already be covered tuition-wise? What if the student changes his/her major and takes more than 4 years? (However, most private universities are pretty good about getting them graduated within 4 years since scholarships rarely cover longe...
by malabargold
Thu Sep 07, 2017 8:57 pm
Forum: Personal Finance (Not Investing)
Topic: Paying 4 years tuition for college to get discount?
Replies: 22
Views: 2337

Re: Paying 4 years tuition for college to get discount?

We just did the pre-payment for 4 years at Harvard last week (the deadline just passed). Even though it is very much against our nature to do such things --we are 100% stock investors, and are very fortunate to have sufficient reserve to weather the blackest of swans, it still felt unexpectedly good...
by malabargold
Mon Sep 04, 2017 10:10 pm
Forum: Personal Finance (Not Investing)
Topic: Picking College and College Scholarships
Replies: 422
Views: 36591

Re: Picking College and College Scholarships

I've worked with 4 Stanford engineers. All impressive. I've worked with 30 plus engineers from the Ivies and other top schools. It's been a mixed bag. I can't say that I saw any trends. Other than the mystique of an Ivy league education is lost on (maybe just dull) me. How do I know about their degr...
by malabargold
Tue Aug 29, 2017 8:34 pm
Forum: Personal Consumer Issues
Topic: Beginner Mountain Bike
Replies: 59
Views: 3068

Re: Beginner Mountain Bike

1+ Specialized
by malabargold
Tue Aug 29, 2017 8:32 pm
Forum: Investing - Help with Personal Investments
Topic: Should I Go 100% Into Stocks?
Replies: 24
Views: 2084

Re: Should I Go 100% Into Stocks?

If you are prone to panic selling, no.

If you are on track to have far more than you need
for retirement and can weather a prolonged downturn,
and not a panic seller, consider it.
by malabargold
Thu Aug 10, 2017 7:34 am
Forum: Investing - Theory, News & General
Topic: Investing In Water
Replies: 29
Views: 2640

Re: Investing In Water

PHO is one ETF
by malabargold
Mon Aug 07, 2017 10:59 pm
Forum: Personal Finance (Not Investing)
Topic: College and Paying for it
Replies: 61
Views: 4262

Re: College and Paying for it

That's the irony for many, they won't qualify for aid until AFTER the private school is done with them! Chicago and Duke are the only top 10 that offer merit aid. None of the Ivies. There are however many merit scholarships offered from extramural sites that can be applied. For many a top public sch...
by malabargold
Thu Aug 03, 2017 8:41 pm
Forum: Personal Consumer Issues
Topic: Making a Direct Offer to Purchase a Home
Replies: 28
Views: 2560

Re: Making a Direct Offer to Purchase a Home

Over time, money in the market historically crushes
money in housing.

I think the owners, not you, will take care of the "mark to market"
by malabargold
Sun Jul 23, 2017 5:09 pm
Forum: Personal Consumer Issues
Topic: Pre-pay four year tuition?
Replies: 14
Views: 1645

Re: Pre-pay four year tuition?

whodidntante wrote:Most people would be scrambling to pay for Harvard. You are looking for a discount for paying early. You must be doing alright.

Average Harvard student only pays $12,000 /year.
1/5 go free -and even get a stipend for winter clothes,
off campus dining, etc!
by malabargold
Sun Jul 23, 2017 5:05 pm
Forum: Personal Consumer Issues
Topic: Pre-pay four year tuition?
Replies: 14
Views: 1645

Re: Pre-pay four year tuition?

yes. If you can. Harvard is betting that it can earn more than you can. Harvard can invest for the longterm and market time your funds. You can't and typically you will be in a conservative low yield/low risk portfolio. Harvard will refund any unused academic terms, per law, regardless of any marke...
by malabargold
Sat Jul 22, 2017 8:51 pm
Forum: Personal Consumer Issues
Topic: My favorite CNBC program
Replies: 33
Views: 3699

Re: My favorite CNBC program

I think it's awful - and the antithesis of Bogle

Noise, noise, noise.

Watch it long enough and one of the blood -suckers
they have on could goad you into a huge mistake.
by malabargold
Thu Jul 20, 2017 7:45 pm
Forum: Personal Consumer Issues
Topic: Pre-pay four year tuition?
Replies: 14
Views: 1645

Re: Pre-pay four year tuition?

No 529's. Just in the enviable\unenviable position of having
no lots underwater to offset gains
by malabargold
Thu Jul 20, 2017 5:30 pm
Forum: Personal Consumer Issues
Topic: Pre-pay four year tuition?
Replies: 14
Views: 1645

Re: Pre-pay four year tuition?

Yes, definitely
by malabargold
Thu Jul 20, 2017 8:10 am
Forum: Personal Consumer Issues
Topic: Pre-pay four year tuition?
Replies: 14
Views: 1645

Pre-pay four year tuition?

Harvard allows freshmen to pay tuition and certain student health fees upfront for all four years, at freshmen year prices.
Historically they both seem to climb 3-4% per year.

Would you do this, even if money shouldn't be an issue if
the market tanks?
by malabargold
Thu Apr 13, 2017 3:03 pm
Forum: Investing - Help with Personal Investments
Topic: Moving to a Lazy portfolio : Should I wait for a market correction?
Replies: 16
Views: 2283

Re: Moving to a Lazy portfolio : Should I wait for a market correction?

Of course you should wait.
Just tell me precisely when it will occur
and I'll join you
by malabargold
Wed Apr 12, 2017 8:03 am
Forum: Investing - Help with Personal Investments
Topic: Skeptical Tuna needs help hitting it big!
Replies: 22
Views: 2607

Re: Skeptical Tuna needs help hitting it big!

I just wanted to say that I think the trolling accusations are unfair and uncharacteristic of the open and welcoming nature of this forum. The poster has no debt, a spouse with a good job, minimal expenses, and is pursuing a high risk/reward venture that his spouse is on board with. I think there's...
by malabargold
Tue Apr 11, 2017 9:11 pm
Forum: Investing - Help with Personal Investments
Topic: Breaking up with my Financial Advisor
Replies: 56
Views: 4850

Re: Breaking up with my Financial Advisor

After reading a lot on this forum and also the Boglehead guide to Investing I've decided that I need to take back control and stop paying high fees but I don't know how to break up with my financial adviser of 11 years. Naively I never thought to ask about his fees and with no experience of investi...
by malabargold
Tue Apr 11, 2017 8:25 pm
Forum: Investing - Help with Personal Investments
Topic: Skeptical Tuna needs help hitting it big!
Replies: 22
Views: 2607

Re: Skeptical Tuna needs help hitting it big!

Can't you get a paying job AND work on " the next big thing "?
Your wife deserves a gold medal
by malabargold
Tue Apr 11, 2017 8:19 pm
Forum: Personal Consumer Issues
Topic: Dream vacation spots?
Replies: 81
Views: 9168

Re: Dream vacation spots?

One spot I don't see mentioned too often are the "fjords"
off Campbell River, on the east coast of Vancouver Island
Getting out on the water with the strong whirlpools, Orca,
seals, other whale, and eagles as thick as can be, feeding on fish from the massive upwell is a natural miracle
by malabargold
Tue Apr 11, 2017 8:07 pm
Forum: Personal Finance (Not Investing)
Topic: Extreme Frugality vs Living Life - Where do you draw the line?
Replies: 77
Views: 9612

Re: Extreme Frugality vs Living Life - Where do you draw the line?

We have a NW just around $25m right now, believe me we've tried the lavish lifestyle, it brought us no joy, just diversion that was short-lived. Our main cars are a 1997 and two 2000 models, for example. We still buy indulgent things every once in a while, but typically sell them soon after. Not eve...
by malabargold
Tue Apr 11, 2017 7:57 pm
Forum: Personal Finance (Not Investing)
Topic: Can we afford private school tuition
Replies: 42
Views: 3936

Re: Can we afford private school tuition

Anything better to spend money on then your kids?

Just make sure your getting a bang for your buck - that
Message should reverberate from pre-pre K to their 3rd PhD!
by malabargold
Mon Apr 10, 2017 8:59 am
Forum: Investing - Help with Personal Investments
Topic: 39 yrs risk adverse, just mortgage free, how to invest for self + help mom?
Replies: 10
Views: 1409

Re: 39 yrs risk adverse, just mortgage free, how to invest for self + help mom?

you could look at both Prioritizing investments and Investment Order for general suggestions. Not identical advice, but perhaps similar enough that you could mix and match as needed to fit your personality. thanks FiveK. If I plan to max my 401K, backdoor roth and HSA all this year, does the sequen...
by malabargold
Sun Apr 09, 2017 10:19 pm
Forum: Investing - Help with Personal Investments
Topic: 39 yrs risk adverse, just mortgage free, how to invest for self + help mom?
Replies: 10
Views: 1409

Re: 39 yrs risk adverse, just mortgage free, how to invest for self + help mom?

Your goals seem to have internal contradictions.
As does risk aversion and investing.
by malabargold
Sat Apr 08, 2017 5:56 am
Forum: Personal Consumer Issues
Topic: Retirement Plan Funds to Pay for NYC Apt
Replies: 3
Views: 695

Re: Retirement Plan Funds to Pay for NYC Apt

You probably won't be home much.

Gather, and keep, hay while the sun shines.

With the turmoil in healthcare no one, no one,
can accurately project earnings.
by malabargold
Thu Apr 06, 2017 8:48 am
Forum: Personal Finance (Not Investing)
Topic: High Income earners, whats your Tax Strategy?
Replies: 113
Views: 12361

Re: High Income earners, whats your Tax Strategy?

For taxable use brk or etfs tilted toward growth and small
cap to lower dividends

establish trusts for kids

Tax loss harvest in all taxable, including kids

Munis if that's your cup of tea
by malabargold
Wed Apr 05, 2017 9:40 pm
Forum: Personal Finance (Not Investing)
Topic: Help with college choice
Replies: 125
Views: 6522

Re: Help with college choice

UCB for CS of the choices.
Great pipeline school.
by malabargold
Wed Apr 05, 2017 10:29 am
Forum: Investing - Help with Personal Investments
Topic: Best investments for risk-averse retiree
Replies: 31
Views: 2407

Re: Best investments for risk-averse retiree

If you're risk-averse then you diversify into bonds. When stocks fall, money runs to the safety of bonds. Putting money in CD's is not investing. Does this look "risky"? http://investingadvicewatchdog.com/images-new/chart-2000-2015.jpg That is a really interesting graph. What bonds and wh...
by malabargold
Mon Apr 03, 2017 9:23 am
Forum: Personal Consumer Issues
Topic: Tour du Mont Blanc Sept. 2017
Replies: 16
Views: 1851

Re: Tour du Mont Blanc Sept. 2017

Reading accounts of the legendary alpinists of the mid-20th century will give you a perspective that will profoundly influence your appreciation of the area, A time before the luxury of modern mountaineering equipment and before the great routes were defiled with what's tantamount to mountaineering ...
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: 2888

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: 9864

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: 883

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: 1485

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: 2468

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: 11232

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: 5510

Re: Fidelity vs. Vangard?

Fidelity has held an edge in service for a long time. MYTH! 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 is blat...
by malabargold
Wed Mar 15, 2017 9:42 pm
Forum: Investing - Theory, News & General
Topic: Fiduciary Checklist questions
Replies: 4
Views: 501

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: 5510

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: 4705

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: 6231

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: 2445

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: 2070

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: 19855

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: 6118

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!