Search found 518 matches

by randomizer
Sat Sep 16, 2017 4:01 pm
Forum: Investing - Theory, News & General
Topic: Distressing news -> Flight to Safety ?
Replies: 75
Views: 6356

Re: Distressing news -> Flight to Safety ?

The notion of the "flight to safety" scares the hell out of me. I've done a bunch of reading about market history and there are so many examples of people attempting to predict the market and failing miserably: so often, they're wrong about when something will happen, the extent of the change, or ev...
by randomizer
Tue Sep 12, 2017 5:20 pm
Forum: Investing - Theory, News & General
Topic: Question on bubbles, stocks, etc.
Replies: 21
Views: 1738

Re: Question on bubbles, stocks, etc.

Bitcoin. Not that long ago you could get it for a buck or two.
by randomizer
Tue Sep 12, 2017 5:16 pm
Forum: Personal Consumer Issues
Topic: Is it really Worth it to brown bag your lunch at work?
Replies: 308
Views: 15431

Re: Is it really Worth it to brown bag your lunch at work?

Sounds like a great idea, beaten only by a company that gives you free lunch at the company cafeteria (but that, you're paying for indirectly anyway, so the brown bag may still win out).
by randomizer
Tue Sep 12, 2017 5:09 pm
Forum: Personal Consumer Issues
Topic: Iphone X is $1000
Replies: 297
Views: 14451

Re: Iphone X is $1000

Nope. Nope. Nope.

IPhone SE is good enough for me.
by randomizer
Tue Sep 12, 2017 10:52 am
Forum: Investing - Help with Personal Investments
Topic: Defensive Mutual Fund Recommendations
Replies: 3
Views: 408

Re: Defensive Mutual Fund Recommendations

Diversification is the only free lunch, and you can't get more diverse than Total Stock Market.
by randomizer
Tue Sep 12, 2017 10:50 am
Forum: Personal Consumer Issues
Topic: Name something you had to have and now you regret purchasing it?
Replies: 248
Views: 19945

Re: Name something you had to have and now you regret purchasing it?

About half of the things I bought from age 0 to age 35.

I wasn't very discriminating.
by randomizer
Tue Sep 12, 2017 10:48 am
Forum: Investing - Theory, News & General
Topic: What If U.S. Stocks Stay Expensive For Years?
Replies: 50
Views: 6766

Re: What If U.S. Stocks Stay Expensive For Years?

Not worried. Total World Stock Index for life. That too is running at high multiples. I can't think of an asset class that is not near its high intrinsic valuation. So save more or chase risky yield. Saving more sounds better. :sharebeer When you say "save more", where do you place your savings the...
by randomizer
Tue Sep 12, 2017 10:44 am
Forum: Personal Finance (Not Investing)
Topic: Using investment funds for Home purchase
Replies: 13
Views: 1066

Re: Using investment funds for Home purchase

If you can pull it off, don't touch the retirement funds. You had those earmarked for retirement, after all. Being able to tap your taxable investments is potentially a dangerous trap that will lead you to buy a more expensive house than you really need, leading you to be "house poor". I don't think...
by randomizer
Tue Sep 12, 2017 10:36 am
Forum: Personal Finance (Not Investing)
Topic: Equifax fiasco - how can we protect ourselves from potential fraudulent tax returns filed on our behalf?
Replies: 31
Views: 3556

Re: Equifax fiasco - how can we protect ourselves from potential fraudulent tax returns filed on our behalf?

I will owe taxes, I expect, so not too worried. What a silver lining. Owing taxes will not protect you. Fraudulent tax filers simply use your personal information (name and SSN is really all they need) to file a dummy tax return. They make up W2 figures and plug them in so that it looks like you ar...
by randomizer
Tue Sep 12, 2017 10:02 am
Forum: Investing - Theory, News & General
Topic: Another New Investor (Market Timing)
Replies: 36
Views: 2344

Re: Another New Investor (Market Timing)

If your investments increased 1000% this year, wouldn't you want to take some off the table?(is this market timing?) Well, if an investment did very well it would probably trigger a rebalancing band, and that would not be market timing, just maintaining desired asset allocation. In practice though,...
by randomizer
Tue Sep 12, 2017 12:30 am
Forum: Personal Finance (Not Investing)
Topic: For those planning early retirement....
Replies: 67
Views: 8284

Re: For those planning early retirement....

Planning to read books, exercise, spend time with the kids and family. And do some side gigs to pay the bills until I feel like I have enough margin for error banked (may never happen).
by randomizer
Tue Sep 12, 2017 12:24 am
Forum: Personal Finance (Not Investing)
Topic: When calculating net worth, how do you value your house?
Replies: 167
Views: 8080

Re: When calculating net worth, how do you value your house?

I use the purchase/appraisal price. The house is not a very liquid asset, so I don't mind if the figure it a little "stale". I also look at price indexes for the area on a yearly basis to get a rough idea of how the value is probably evolving.
by randomizer
Mon Sep 11, 2017 1:11 pm
Forum: Investing - Theory, News & General
Topic: When Genius Failed by Roger Lowenstein
Replies: 23
Views: 5126

Re: When Genius Failed by Roger Lowenstein

Lowenstein, while not necessarily describing the math involved, does tell the story quite well. I always preferred "Inventing Money" by Nicholas Dunbar - better math. On the basis of this thread I grabbed a copy of the Dunbar book and am reading that. Too early to form an opinion on it though.
by randomizer
Sat Sep 09, 2017 12:58 am
Forum: Investing - Theory, News & General
Topic: Boglehead investing in Spain -- a forum thread
Replies: 7
Views: 1353

Re: Boglehead investing in Spain -- a forum thread

Since you might be moving there, let's get started. If you want to be a wiki editor and create the article yourself, PM me and I'll set you up with an account. Thanks for getting me set up, LadyGeek. I've started a draft article at https://www.bogleheads.org/wiki/User:Randomizer/Investing_in_Spain ...
by randomizer
Fri Sep 08, 2017 7:58 pm
Forum: Investing - Theory, News & General
Topic: Boglehead investing in Spain -- a forum thread
Replies: 7
Views: 1353

Re: Boglehead investing in Spain -- a forum thread

LadyGeek wrote:
Fri Jul 18, 2014 9:20 pm
If there is enough interest, we could create one for Spain - "Investing in Spain".
I'd love to help out with that. I don't know anything about Spain yet but I am going to have to figure it out because I'll probably live there in the future.
by randomizer
Fri Sep 08, 2017 6:47 pm
Forum: Personal Finance (Not Investing)
Topic: Purchasing Home With Girlfriend; Good or Bad?
Replies: 68
Views: 5329

Re: Purchasing Home With Girlfriend; Good or Bad?

I wouldn't do it. Get married one day and maybe then. No hurry to buy a house.
by randomizer
Fri Sep 08, 2017 6:45 pm
Forum: Personal Finance (Not Investing)
Topic: Equifax customer information leak
Replies: 603
Views: 33596

Re: Equifax customer information leak

I did a credit freeze. Damn the agencies for charging a $10 fee for me to mitigate the effects of their own incompetence.
by randomizer
Fri Sep 08, 2017 12:41 am
Forum: Investing - Theory, News & General
Topic: When Genius Failed by Roger Lowenstein
Replies: 23
Views: 5126

Re: When Genius Failed by Roger Lowenstein

(Reviving an old thread...) this book is really good. Lowenstein is a skillful writer with great explanatory powers and does plenty of leg work (lots of research). I found both this and "The End of Wall Street" by him to be very lucid and scary insights into the instability of our financial systems....
by randomizer
Thu Sep 07, 2017 8:08 pm
Forum: Investing - Theory, News & General
Topic: Bitcoin in 3-fund indexed portfolio?
Replies: 165
Views: 9545

Re: Bitcoin in 3-fund indexed portfolio?

You could make a lot of money off Bitcoin, but it's speculation, not investment. Not for me.
by randomizer
Fri Sep 01, 2017 5:16 pm
Forum: Investing - Theory, News & General
Topic: Ally savings rate raised to 1.20%
Replies: 41
Views: 5262

Re: Ally savings rate raised to 1.20%

EverBank has something like 1.31% on their money market account. But that is a first year intro rate only. Not sure if it is worth switching to for just a year unless you're feeling bored.
by randomizer
Thu Aug 31, 2017 9:21 pm
Forum: Personal Finance (Not Investing)
Topic: Facing a setback
Replies: 19
Views: 2027

Re: Facing a setback

lateregistration wrote:
Thu Aug 31, 2017 9:19 pm
A. Have the shop do the work and pay for it with either my emergency fund (this would totally deplete it)
I don't know which option I would go for, but you should not feel bad about using your emergency fund to cover emergencies. That is what it is for, after all.
by randomizer
Thu Aug 31, 2017 9:19 pm
Forum: Investing - Theory, News & General
Topic: Anyone Out There Who Has Failed To Stick To Their Long Term Investing Plan?
Replies: 35
Views: 3954

Re: Anyone Out There Who Has Failed To Stick To Their Long Term Investing Plan?

I've certainly made small mistakes, but they were more errors of execution than anything else (for example, I screwed up some tax-loss harvesting once, and another time I only narrowly avoided "buying the dividend" by sheer luck despite my ignorance). I've always followed my plan. It may sound perve...
by randomizer
Thu Aug 31, 2017 9:10 pm
Forum: Personal Finance (Not Investing)
Topic: How many "investment" accounts do you have?
Replies: 61
Views: 6095

Re: How many "investment" accounts do you have?

Between me and spouse, bank accounts: 4 in all; that's 2 (individual) + 2 others (joint). Non-bank accounts: 2. Will streamline that over the next couple of years, with plans of shedding 1 bank account and 1 investment account. I might be cheating here because I am not counting the checking/money ma...
by randomizer
Thu Aug 31, 2017 9:06 pm
Forum: Investing - Help with Personal Investments
Topic: Our Family FI Plan for Your Critique
Replies: 26
Views: 2330

Re: Our Family FI Plan for Your Critique

Dig self out of that debt hole ASAP. Reduce costs (a site like Mr Money Mustache can help with that; a site like this one is better for investment advice per se). Increase savings rate.
by randomizer
Thu Aug 31, 2017 9:04 pm
Forum: Personal Consumer Issues
Topic: Best practices for moving a family/stuff long distance. Any warnings?
Replies: 29
Views: 1479

Re: Best practices for moving a family/stuff long distance. Any warnings?

Tricky. If the cost of moving the stuff is more than replacing it, then don't move it! Getting rid of stuff can also enter the calculus. Say, the cost of moving 100% of you stuff might be really high, but if you got rid of 50% of it then maybe you can talk yourself into replacing the 50% you really ...
by randomizer
Thu Aug 31, 2017 8:57 pm
Forum: Personal Finance (Not Investing)
Topic: 2 comma club (my way)!!
Replies: 60
Views: 12279

Re: 2 comma club (my way)!!

Mrxyz wrote:
Thu Aug 31, 2017 7:46 pm
Update:

Made it to 2M
That sure was fast. Good times in the markets, certainly helps.
by randomizer
Thu Aug 31, 2017 8:55 pm
Forum: Local Chapters and Bogleheads Community
Topic: [Are the Bogleheads] getting less interesting?
Replies: 255
Views: 15807

Re: [Are the Bogleheads] getting less interesting?

I also find a new poster, jbolden1517 to be a breath of fresh air. S(he) makes me question all I have learned and look at things from a different perspective. I have to admit, it made me uncomfortable at first, but I have come to appreciate his/her thoughtful replies. I am not looking for complicat...
by randomizer
Thu Aug 31, 2017 8:53 pm
Forum: Local Chapters and Bogleheads Community
Topic: [Are the Bogleheads] getting less interesting?
Replies: 255
Views: 15807

Re: [Are the Bogleheads] getting less interesting?

Investing is boring, and without any major market disruptions to panic about talking about investing is pretty boring too. There are still some fantastic posts in here, but there are so many members now, so many threads, that you have to dig a bit to find the golden needle in the haystack.
by randomizer
Thu Aug 31, 2017 8:50 pm
Forum: Investing - Theory, News & General
Topic: New Book by Peter Bernstein
Replies: 8
Views: 3554

Re: New Book by Peter Bernstein

So I just read this one, after having read "Against the Gods" (loved it) and "Capital Ideas" (meh). My main gripe with "Capital Ideas" was its heady embracing of active management, and "Capital Ideas Evolving" goes even further, positively gushing over it. Was pretty happy to put it down at the end....
by randomizer
Thu Aug 31, 2017 11:08 am
Forum: Investing - Help with Personal Investments
Topic: First time getting into the market. DCA?
Replies: 14
Views: 838

Re: First time getting into the market. DCA?

I would dump it all in at once. But sounds like you would feel better DCA-ing. You have to implement a plan you can actually follow.
by randomizer
Tue Aug 29, 2017 11:25 pm
Forum: Personal Finance (Not Investing)
Topic: When to give resignation notice
Replies: 63
Views: 6012

Re: When to give resignation notice

I'd wait until vested and give the minimum notice. You owe them nothing. Do you have any leeway with your start date for the new position?
by randomizer
Tue Aug 29, 2017 11:23 pm
Forum: Personal Finance (Not Investing)
Topic: Bad Idea to Have Zero Credit Cards?
Replies: 129
Views: 6001

Re: Bad Idea to Have Zero Credit Cards?

I mostly hate credit cards, but not having one closes a lot of doors to you. So I choose to have exactly one.
by randomizer
Tue Aug 29, 2017 11:22 pm
Forum: Personal Finance (Not Investing)
Topic: What should the savings be for an average professional
Replies: 167
Views: 15719

Re: What should the savings be for an average professional

What should the savings be for an average professional I know this isn't the question you were asking (you were asking for dollar amounts), but my favorite answer for this kind of thing is "as much as you can". Worst case scenario: it's not enough and you're screwed anyway. Best case: you get to re...
by randomizer
Mon Aug 28, 2017 11:29 am
Forum: Personal Finance (Not Investing)
Topic: What to do when a parent's money runs out?
Replies: 218
Views: 31070

Re: What to do when a parent's money runs out?

I wouldn't help her any further. She needs to get out of that place. Of course, it's easy for me to say that because my parents would never put me in the situation of having to make a difficult choice like this. Sorry, Randomizer, but there's no way you can know this. Dementia can change people's p...
by randomizer
Sun Aug 27, 2017 12:44 am
Forum: Investing - Theory, News & General
Topic: Review with Me - Larry Swedroe's new book
Replies: 108
Views: 6464

Re: Review with Me - Larry Swedroe's new book

I read it and enjoyed it and continued happily along holding my untilted three-fund-ish portfolio.
by randomizer
Sat Aug 26, 2017 4:36 pm
Forum: Personal Finance (Not Investing)
Topic: Retirement anxiety- emotionally and financially
Replies: 55
Views: 6663

Re: Retirement anxiety- emotionally and financially

Your numbers look great to me. I'd just wind down slowly. Keep working a bit. Being active is important for health.
by randomizer
Sat Aug 26, 2017 4:34 pm
Forum: Investing - Theory, News & General
Topic: How and when do you decide to do Tax Loss Harvesting?
Replies: 24
Views: 2345

Re: How and when do you decide to do Tax Loss Harvesting?

I haven't seen any tax loss harvesting opportunities for almost two years now. But they will come, I don't doubt it.

Investing it boring. Darn boring.
by randomizer
Sat Aug 26, 2017 4:32 pm
Forum: Personal Finance (Not Investing)
Topic: What to do when a parent's money runs out?
Replies: 218
Views: 31070

Re: What to do when a parent's money runs out?

I wouldn't help her any further. She needs to get out of that place.

Of course, it's easy for me to say that because my parents would never put me in the situation of having to make a difficult choice like this.
by randomizer
Sat Aug 26, 2017 4:28 pm
Forum: Investing - Theory, News & General
Topic: A request to authors of investing advice
Replies: 16
Views: 1316

Re: A request to authors of investing advice

I think "financial independence" is a good concept to use, even if that too is tricky to define precisely and unambiguously. A weak form of it is that you could stop working without suffering adverse consequences (like foreclosure on your home, or inability to pay healthcare expenses etc). The weak ...
by randomizer
Fri Aug 18, 2017 1:29 am
Forum: Investing - Help with Personal Investments
Topic: Lost $7000 today in ONE DAY!
Replies: 183
Views: 15920

Re: Lost $7000 today in ONE DAY!

I haven't looked but I bet I "lost" a similar amount. Not a big deal. I only had that much because it had previously gone up about $50k. And it will almost certainly go up again, if not this week, this month, this year, this decade, then the next. In this for the long haul and will be buying whateve...
by randomizer
Thu Aug 17, 2017 10:59 am
Forum: Investing - Theory, News & General
Topic: Why do brokerage transactions take 2 business days to settle?
Replies: 9
Views: 1368

Why do brokerage transactions take 2 business days to settle?

This harms my ability to market time. Don't want to be out of the market for two days whenever I want to move funds around.
by randomizer
Thu Aug 17, 2017 10:55 am
Forum: Personal Finance (Not Investing)
Topic: Anyone planning on never retiring?
Replies: 138
Views: 10345

Re: Anyone planning on never retiring?

I want to retire ASAP, but I want to do (some) work forever. For me, retirement will be not having to work.
by randomizer
Thu Aug 17, 2017 8:55 am
Forum: Investing - Theory, News & General
Topic: The Mathematics of Retirement Investing
Replies: 123
Views: 14226

Re: The Mathematics of Retirement Investing

Amazing thread. Thank you.
by randomizer
Thu Aug 17, 2017 8:30 am
Forum: Personal Consumer Issues
Topic: Is it worth it? [demanding jobs vs time with family]
Replies: 182
Views: 11823

Re: Is it worth it?

kids > work
by randomizer
Thu Aug 17, 2017 1:39 am
Forum: Investing - Help with Personal Investments
Topic: Holding VTSAX / S&P 500 fund exclusively
Replies: 11
Views: 1414

Re: Holding VTSAX / S&P 500 fund exclusively

Call it dollar cost averaging if you want but it's better to invest regularly, as soon as you can. Time in the market beats timing the market.

I'm a three fund kind of person, but being 100% S&P 500 would have worked out fine if you had the stomach for it.
by randomizer
Wed Aug 16, 2017 7:25 pm
Forum: Forum Issues and Administration
Topic: Revealing Usernames
Replies: 108
Views: 15336

Re: Revealing Usernames

Ok, but how many real name people, from Taylor to Mel to Rick Ferri and so on have reported significant problems due to their openness? They are "public figures" in a sense and definitely not sharing intimate details of what and where their financial holdings and family circumstances and problems a...
by randomizer
Wed Aug 16, 2017 6:25 pm
Forum: Forum Issues and Administration
Topic: Revealing Usernames
Replies: 108
Views: 15336

Re: Revealing Usernames

This is EXACTLY why I started this thread. People join with the idea that they won't reveal much or that it does not matter....but so much does get revealed in the long run. And it does matter. Even if you never intend to ask questions here, do not use anything like your real name and certainly do ...
by randomizer
Mon Aug 14, 2017 7:44 pm
Forum: Personal Finance (Not Investing)
Topic: CapitalOne360 No More Living Trust Option for New Accounts
Replies: 6
Views: 830

Re: CapitalOne360 No More Living Trust Option for New Accounts

retiredbuthappy wrote:
Mon Aug 14, 2017 4:05 pm
Hi,
Is there an online bank like CapitalOne360 that allows Living Trust titles on checking accounts?
thanks,
RbH
Last I checked, EverBank did. There may be others.
by randomizer
Mon Aug 14, 2017 7:40 pm
Forum: Personal Finance (Not Investing)
Topic: Life insurance policy on toddler
Replies: 19
Views: 2089

Re: Life insurance policy on toddler

Ugh, insurance is the worst.