Search found 2007 matches

by sambb
Fri Apr 20, 2018 9:46 pm
Forum: Investing - Help with Personal Investments
Topic: Divs and Cap Gains are killing me
Replies: 123
Views: 12853

Re: Divs and Cap Gains are killing me

How can dividends and capital gains be killing someone - isnt the solution to just put a portion of them towards taxes, like any other income sources? im sure bonuses, lottery wins, consulting work, etc, could be "killing someone" as an income source - but dont you just put away the tax money?
by sambb
Thu Apr 19, 2018 9:08 pm
Forum: Personal Consumer Issues
Topic: Another discussion about private vs public schools?
Replies: 79
Views: 3950

Re: Another discussion about private vs public schools?

I went to public school, and went on to a top university. I am so glad I am NOT sending my kids to public school. The private is just so much better in my area. And I am happy to work longer and invest in my kids if it is a financial issue. Some others may choose not to do that. Good luck to both si...
by sambb
Sun Apr 15, 2018 9:05 pm
Forum: Personal Consumer Issues
Topic: Las Vegas hotel
Replies: 44
Views: 2896

Re: Las Vegas hotel

wynn, encore, vdara, or aria. cosmo too. bellagio, pallazo good too. mandarin is nice. four seasons is nice. mgm skylofts are nice,
by sambb
Sun Apr 15, 2018 3:14 pm
Forum: Personal Finance (Not Investing)
Topic: Can't afford health insurance -- options?
Replies: 23
Views: 2502

Re: Can't afford health insurance -- options?

can also re-evaluate career options to try to incerase salary and benefits
by sambb
Sun Apr 15, 2018 3:05 pm
Forum: Personal Consumer Issues
Topic: Dealing with poorly assigned hotel rooms?
Replies: 41
Views: 3110

Re: Dealing with poorly assigned hotel rooms?

noise is par for the course when traveling.
Pay extra, go to a nicer hotel with thick walls (I am amazed at some of the silence in super luxury hotels), and bring ear plugs.
Good luck
by sambb
Sat Apr 14, 2018 9:33 pm
Forum: Investing - Help with Personal Investments
Topic: How can I Invest 4 million dollars to earn 120k (inflation adjusted) a year for life?
Replies: 84
Views: 13265

Re: How can I Invest 4 million dollars to earn 120k (inflation adjusted) a year for life?

people are using past performance
past performance has no bearing on future results
i would work a little more and keep your health insurance
by sambb
Sat Apr 14, 2018 3:37 pm
Forum: Investing - Help with Personal Investments
Topic: HELP..not sure what to do at 55 YOA
Replies: 21
Views: 2765

Re: HELP..not sure what to do at 55 YOA

lifestrategy income and youre done until you can handle more risk
doesnt matter if it is in taxable, since youre at a very beginning phase
you need one fund portfolio, not 3 or 4
by sambb
Sat Apr 14, 2018 12:50 pm
Forum: Investing - Theory, News & General
Topic: What hedge strategies do you employ?
Replies: 29
Views: 2405

Re: What hedge strategies do you employ?

Best thing to hedge is ones health. Stay in shape so the savings can be enjoyed. No point of saving that much if you can’t keep yourself in shape.
by sambb
Sat Apr 14, 2018 12:49 pm
Forum: Investing - Theory, News & General
Topic: Bull Market Timing
Replies: 60
Views: 4390

Re: Bull Market Timing

Market does look a little long and the op may be right. It might be the time to get out. However I’m staying in. I hope the op is wrong. I can’t time it but an alternative is to lower risk if investments.
by sambb
Sat Apr 14, 2018 12:17 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard customer experience
Replies: 18
Views: 1701

Re: Vanguard customer experience

They have serious customer service issues but ost people do ok
by sambb
Sat Apr 14, 2018 12:07 pm
Forum: Personal Consumer Issues
Topic: Mid-40s in tech - how to pass off as acceptably young
Replies: 111
Views: 9749

Re: Mid-40s in tech - how to pass off as acceptably young

Although age discrimination may hit you later, there is far more gender based and racial discrimination. Make sure there aren’t other factors happening if you are in any of these groups also. I don’t have a solution except to get in shape and also look beyond these younger types of companies also. T...
by sambb
Wed Apr 11, 2018 8:38 pm
Forum: Personal Finance (Not Investing)
Topic: Am I being unreasonable? [Send daughter to private kindergarten]
Replies: 70
Views: 3926

Re: Am I being unreasonable?

I would go to private

20,000 a year to keep wife happy is pretty cheap

I dont see the issue that the others do above, it is more than an educational cost. It could be a relationship cost.
by sambb
Sun Apr 08, 2018 2:27 pm
Forum: Investing - Theory, News & General
Topic: Can Big Tech Stocks Grow Without Limits?
Replies: 38
Views: 2984

Re: Can Big Tech Stocks Grow Without Limits?

Tech is great, but it has to be the right tech. Would also be wary of taking advice from the "newspaper" crowd on tech. Would also be wary of taking advice from the latest hipster. It is all a balance. I invest in both tech and value through total stock index.
by sambb
Sun Apr 08, 2018 9:22 am
Forum: Personal Consumer Issues
Topic: New Lexus LS or Tesla Model S
Replies: 63
Views: 4163

Re: New Lexus LS or Tesla Model S

would avoid the tesla based on a family member's poor experience. But they are very different types of cars. Would get a 1-2 year old panamera CPO for sporty, or a preowned S Class 1 year old for luxury. Look at a 2017 Bmw 7 also. Lexus is nice for modern reliable sedan also. Ultimately, you cant go...
by sambb
Sat Apr 07, 2018 9:55 pm
Forum: Personal Finance (Not Investing)
Topic: Ivy school education. Is it worth it?
Replies: 238
Views: 12389

Re: Ivy school education. Is it worth it?

Ivy league was well worth it for me, would not hesitate. Opened many many doors. More than paid for itself many times over. Was really a fantastic INVESTMENT AND ASSET, not a "cost". YMMV. Could care less about anecdotes of people who do well without it. There are always people who do well. For me, ...
by sambb
Sat Apr 07, 2018 5:08 pm
Forum: Personal Finance (Not Investing)
Topic: Parents have zero savings. What can I do?
Replies: 168
Views: 13859

Re: Parents have zero savings. What can I do?

work harder for them, or get divorced
you will feel pressure from your spouse, or she will just send them money without your support
she can after all ,it is your combined money
so either work harder or you got a problem (if they wont change)
by sambb
Mon Apr 02, 2018 8:16 pm
Forum: Investing - Help with Personal Investments
Topic: bear market and rebalancing to lower risk
Replies: 13
Views: 1042

bear market and rebalancing to lower risk

With good profits, who is becoming risk averse and rebalancing to a lower risk due to risk tolerance change? If you have long time to retirement, what is the justification - I assume it is a change in risk tolerance due to market conditions? I am staying the course, but the volatility and the last y...
by sambb
Sun Apr 01, 2018 8:02 pm
Forum: Investing - Help with Personal Investments
Topic: Results after investing my Emergency Fund for 3yrs
Replies: 20
Views: 3316

Re: Results after investing my Emergency Fund for 3yrs

Having an emergency fund, when stock mutual funds are so liquid, was one of the worst decisons i have made, and so i have gotten out of it. I cant believe i tied up that money for so long in a money market fund.
by sambb
Sun Apr 01, 2018 9:50 am
Forum: Personal Consumer Issues
Topic: Keeping car for 4-5 years: Buy or lease?
Replies: 20
Views: 2997

Re: Keeping car for 4-5 years: Buy or lease?

at 4-5 years, you are very close in costs if you get a standard fair deal. I would probably lease, and invest the difference, which would probably be advantageous. if you buy, thats ok too. Pick a car with decent resale, like you have done. Avoid unreliable cars. Limit options.
by sambb
Sun Apr 01, 2018 9:42 am
Forum: Personal Consumer Issues
Topic: To take or not to take delivery of Tesla 3
Replies: 691
Views: 55724

Re: To take or not to take delivery of Tesla 3

Also, my insurance agent says his company will not write a collision policy on a Tesla. WHAT???? Would current Tesla owner comment on this please??? Uh, FUD (Fear, Uncertainty, Dread). It’s either nonsense, or time to get a new insurance company. ETA: in case it doesn’t go without saying, my Tesla ...
by sambb
Fri Mar 30, 2018 6:28 am
Forum: Investing - Theory, News & General
Topic: Is backtesting worthless? Are there ANY insights you can get from it?
Replies: 69
Views: 4392

Re: Is backtesting worthless? Are there ANY insights you can get from it?

Yes it is worthless. Look at the japanese market for some examples.
Backtesting is for comfort. No one can predict the future.
by sambb
Wed Mar 28, 2018 1:51 pm
Forum: Local Chapters and Bogleheads Community
Topic: A lot of heavy hitters this morning
Replies: 244
Views: 17115

Re: A lot of heavy hitters this morning

I am so thankful to the successful and higher income people on this board. It is great to hear from them and see the issues and advice. The top 1% in the world is income of 35k i believe. Most posters here make more than that (just a guess). Thanks to everyone here for their insights.
by sambb
Mon Mar 26, 2018 8:07 am
Forum: Investing - Help with Personal Investments
Topic: Did I make a mistake changing the funds in my portfolio?
Replies: 9
Views: 870

Re: Did I make a mistake changing the funds in my portfolio?

I dont think the expense ratio is relevant, as target retirement can rebalance more easily, and includes intl bonds. These portfolios are not entirely equivalent. Youd be fine either way, but I would have kept it in target and not worry about it.
by sambb
Sun Mar 25, 2018 5:38 am
Forum: Investing - Theory, News & General
Topic: How to deal with regret
Replies: 99
Views: 10461

Re: How to deal with regret

Japanese investors who bought and held stocks had regret for decades as the market didn’t rebound.

You have to accept that buy and hold could result in permanent losses for your lifetime depending on your age.

If unable to accept that then a lower risk investment is needed.
by sambb
Sat Mar 24, 2018 5:18 pm
Forum: Investing - Help with Personal Investments
Topic: Help needed before I go mad :D
Replies: 53
Views: 5236

Re: Help needed before I go mad :D

Vanguard target and be done with it
by sambb
Sat Mar 24, 2018 5:15 pm
Forum: Personal Consumer Issues
Topic: eBay seller mails hard drive in paper envelope
Replies: 32
Views: 2391

Re: eBay seller mails hard drive in paper envelope

What was the cost savings vs buying one at amazob
by sambb
Sat Mar 24, 2018 5:10 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio too complicated, too risky
Replies: 7
Views: 854

Re: Portfolio too complicated, too risky

Given the complexity I would put it into a target retirement and be done with it. Other options are prone to tinkering.
by sambb
Sat Mar 24, 2018 2:25 pm
Forum: Personal Consumer Issues
Topic: Low cost repair of CD players in older Camrys?
Replies: 27
Views: 1556

Re: Low cost repair of CD players in older Camrys?

Could consider upgrading car also to a more modern car with Bluetooth streaming.
by sambb
Fri Mar 23, 2018 7:46 pm
Forum: Investing - Help with Personal Investments
Topic: Just Starting - Inevitable Bear Market?
Replies: 13
Views: 1953

Re: Just Starting - Inevitable Bear Market?

facebook issue could be a big deal
i appreciate the concern of people, as social media is the future, and this is a large US company
its not like an obsolete technology like newspapers or wired telephones
lets see what happens in the next few months
by sambb
Sun Mar 18, 2018 1:14 pm
Forum: Investing - Theory, News & General
Topic: Anyone exclude emerging markets?
Replies: 50
Views: 4434

Re: Anyone exclude emerging markets?

i overweight EM for last 1-2years, and it has paid off.
Corruption is priced in.
by sambb
Sat Mar 17, 2018 9:05 pm
Forum: Investing - Theory, News & General
Topic: PSA: Vanguard Drops The Ball (Cost Basis Issue)
Replies: 23
Views: 3641

Re: PSA: Vanguard Drops The Ball (Cost Basis Issue)

Yet another example of vanguard's leadership failure with regards to IT and service. It is unfortunate, and one has to wonder what they are covering up. Are these signs of a greater flaw? I hope not. Great company and great premise, but you have to wonder why this happens.
by sambb
Sat Mar 17, 2018 8:59 pm
Forum: Investing - Theory, News & General
Topic: Sequence of Vanguard transactions
Replies: 1
Views: 265

Re: Sequence of Vanguard transactions

vanguard has very serious IT issues that come up here all the time. The failure to correct them may indicate a systemic flaw in their leadership.
by sambb
Sat Mar 17, 2018 8:54 pm
Forum: Investing - Theory, News & General
Topic: What return assumptions to use?
Replies: 26
Views: 2044

Re: What return assumptions to use?

Nobody can predict future returns. When bogle started to forecast them.. ugh
by sambb
Sat Mar 17, 2018 8:28 pm
Forum: Personal Finance (Not Investing)
Topic: Spoke to a financial advisor yesterday - what do you think he's up to?
Replies: 81
Views: 8198

Re: Spoke to a financial advisor yesterday - what do you think he's up to?

dont mix personal money with employers who are bosses. regardless of the other issues.
by sambb
Sat Mar 17, 2018 9:41 am
Forum: Personal Consumer Issues
Topic: Paging BH Gearheads: Reasonable Net Worth for Exotic
Replies: 104
Views: 6433

Re: Paging BH Gearheads: Reasonable Net Worth for Exotic

To me, one of the major risks is a minor accident
If someone hits you, then even if they pay, the car will have significant problems selling in the preowned market
My advice, if you do buy, is to use it for weekend fun.
A daily sports car is a 911.
by sambb
Sat Mar 17, 2018 6:59 am
Forum: Personal Consumer Issues
Topic: Paging BH Gearheads: Reasonable Net Worth for Exotic
Replies: 104
Views: 6433

Re: Paging BH Gearheads: Reasonable Net Worth for Exotic

Have owned many high end brands and exotics. My advice is the following: Buy a ~100k preowned high end porsche 911, drive it for a year or two. See if you can stomach the issues with regards to parking, insurance, and maintenance. If you can, then consider an exotic for weekend fun. You wont lose mu...
by sambb
Thu Mar 15, 2018 7:31 pm
Forum: Personal Consumer Issues
Topic: Large life style creep that was completely worth it
Replies: 112
Views: 14261

Re: Large life style creep that was completely worth it

Love my nice house which is too big for me, and especially love my cars too, instead of 1990s camrys. Also love the first class tickets over the oceans and the super nice hotels in nice parts of the world. Work hard and like to save enough and live life. No guilt at all. Eyeing a new computer - like...
by sambb
Sun Mar 04, 2018 9:13 am
Forum: Investing - Theory, News & General
Topic: What if you only live off dividends?
Replies: 316
Views: 33876

Re: What if you only live off dividends?

living off dividends is possible, as is a SWR of 2-4%, but in these threads, i always wonder - if there is a market crash, arent people going to lower their SWR also? For example, I might buy a 35k car if the market is going well, and i need a new car in retirement. But if things arent going well, i...
by sambb
Sun Mar 04, 2018 8:46 am
Forum: Personal Consumer Issues
Topic: Emergency Medevac - costs and options
Replies: 35
Views: 3329

Emergency Medevac - costs and options

I recently had a discussion with a colleague, who was traveling in a far off country. His wife had a major medical issue. He was fleeced for 20k USD in the hospital, and then called a medevac for 30k to come back to the USA. I am less concerned about the hospital fleecing (i have seen the opposite i...
by sambb
Sat Mar 03, 2018 7:07 pm
Forum: Personal Consumer Issues
Topic: Boglehead business travelers - preferences
Replies: 23
Views: 2236

Re: Boglehead business travelers - preferences

Airline I prefer emirates first or Cathay first
Car rental I prefer Uber black rather than rent
Hotel I prefer peninsula or Dorchester group
Cc Amex
by sambb
Wed Feb 28, 2018 1:30 am
Forum: Investing - Theory, News & General
Topic: Boglehead contradiction, constant asset allocation is market timing
Replies: 100
Views: 8704

Re: Boglehead contradiction, constant asset allocation is market timing

rebalancing is a form of timing. because market went up or down, and now your allocation has drifted.
it is semantics.
by sambb
Sun Feb 25, 2018 10:38 pm
Forum: Investing - Theory, News & General
Topic: Stock/Bond Ratio Determines Risk: Flawed Thesis?
Replies: 34
Views: 2602

Re: Stock/Bond Ratio Determines Risk: Flawed Thesis?

anything buffett says should be factored into prices soon, if not already. he cant predict the future. he is one lucky guy, but cannot predict the future.
by sambb
Sun Feb 25, 2018 3:26 pm
Forum: Personal Finance (Not Investing)
Topic: Defining "House Poor"
Replies: 299
Views: 16513

Re: Defining "House Poor"

I don’t know about house poor but I do know that here it seems like a large house or a Mercedes may be frowned upon compared to a small starter house and a 1999 Camry. I won’t live like that but I won’t judge those that do. More power to you. For me once you save enough who cares how you spend the r...
by sambb
Sun Feb 25, 2018 3:18 pm
Forum: Investing - Theory, News & General
Topic: Stock/Bond Ratio Determines Risk: Flawed Thesis?
Replies: 34
Views: 2602

Re: Stock/Bond Ratio Determines Risk: Flawed Thesis?

Warren buffet is a person who is a stock picker (lucky) and may be in cognitive decline like anyone else of his advanced experience. Glad he thinks he can predict the future but he may not be able to. I would use bonds to reduce risk similar to BH asset allocation guidelines. Maybe Buffett is right ...