Search found 1414 matches

by sambb
Mon Jan 16, 2017 9:31 pm
Forum: Investing - Help with Personal Investments
Topic: What's a bearish investor to do?
Replies: 27
Views: 2451

Re: What's a bearish investor to do?

your hedge is that you are at 40% equities, which is low, and with 60% in something else, you are hedged. Seems like you are comfortable with 40%. You're done if thats the case. Stay with it.
by sambb
Mon Jan 16, 2017 8:52 pm
Forum: Personal Consumer Issues
Topic: Collision Avoidance Systems
Replies: 15
Views: 1061

Re: Collision Avoidance Systems

and they are not only about collision avoidance. Sometimes, they also can decrease damage, even if a collision happens, by braking, etc.
a 1999 camry doesnt have these things
by sambb
Mon Jan 16, 2017 8:49 pm
Forum: Investing - Help with Personal Investments
Topic: Staying the course...but cheating a bit along the way
Replies: 5
Views: 696

Re: Staying the course...but cheating a bit along the way

nothing wrong with investing in opportunities. You might be right.
by sambb
Mon Jan 16, 2017 6:25 pm
Forum: Personal Finance (Not Investing)
Topic: Should people own 2 cars for themselves?
Replies: 21
Views: 2754

Re: Should people own 2 cars for themselves?

more expensive to have 2 cars? Sure. Did I care when my second car was a iconic sports car? Heck no. Worth every penny, and perfect complement to my daily driver. Some things are just too good to pass up.
by sambb
Mon Jan 16, 2017 1:29 pm
Forum: Personal Finance (Not Investing)
Topic: Is driving for uber worth it for side money?
Replies: 66
Views: 9877

Re: Is driving for uber worth it for side money?

Uber is fantastic and I always tip them a little. So much cheaper than a cab. So much more convenient. Love it. Taken it cities around the us and the world
by sambb
Mon Jan 16, 2017 9:16 am
Forum: Personal Consumer Issues
Topic: Collision Avoidance Systems
Replies: 15
Views: 1061

Re: Collision Avoidance Systems

love them, wont buy a car without them, and gives me peace of mind and lower liability.
Of course, if one thinks they are a perfect and attentive driver, then they might disagree.
by sambb
Mon Jan 16, 2017 8:10 am
Forum: Investing - Theory, News & General
Topic: QSPIX - thoughts on interesting fund
Replies: 1129
Views: 151536

Re: QSPIX - thoughts on interesting fund

How does this fund fit into a diversified portfolio, and is there a preference to hold in tax deferred?
by sambb
Mon Jan 16, 2017 7:45 am
Forum: Personal Finance (Not Investing)
Topic: What monetary value has your education provided you?
Replies: 104
Views: 4932

Re: What monetary value has your education provided you?

My education was everything, so glad I got out of the public schools and to a private college and graduate school. Opened up every door for me, and made my life and career. Education was huge. Nevertheless, I didnt choose a liberal arts major. Thanks to the higher education in the world.
by sambb
Sun Jan 15, 2017 9:01 pm
Forum: Investing - Theory, News & General
Topic: "Stealth Wealth: I’m Just an Ordinary Average Guy"
Replies: 262
Views: 40205

Re: "Stealth Wealth: I’m Just an Ordinary Average Guy"

I come out only at night, but still remain in the shadows. My last car was almost 24 years old. I'm in my 70's, but still wear some clothes from high school. When my sneakers are ready for the trash, I just use them for yard work. I dislike redeeming any portfolio assets and consider portfolio grow...
by sambb
Sun Jan 15, 2017 5:13 am
Forum: Investing - Theory, News & General
Topic: Flagship Reps
Replies: 62
Views: 4974

Re: Flafship Reps

wow, unbelievable how bad it is getting at vanguard.
by sambb
Sat Jan 14, 2017 8:56 pm
Forum: Personal Finance (Not Investing)
Topic: Best Financial Moves You've Made
Replies: 135
Views: 14024

Re: Best Financial Moves You've Made

ivy league education
working more hours than others - 1 extra hour pays off way more
thinking of ROI instead of spending - iphone for example
by sambb
Sat Jan 14, 2017 4:13 pm
Forum: Investing - Theory, News & General
Topic: "Stealth Wealth: I’m Just an Ordinary Average Guy"
Replies: 262
Views: 40205

Re: "Stealth Wealth: I’m Just an Ordinary Average Guy"

Following this Philosophy, many Bogleheads now enjoy a substantial net-worth. Nevertheless, the way we spend our money can make a huge difference in our happiness and future wealth. This article from Physician On Fire offers food-for-thought: Stealth Wealth I look forward to reading about your pers...
by sambb
Sat Jan 14, 2017 4:02 pm
Forum: Personal Finance (Not Investing)
Topic: Vanguard vs. Fidelity [Customer Service Reputation]
Replies: 59
Views: 3706

Re: Vanguard vs. Fidelity

I'm in agreement that fidelity is way ahead here. And their index funds are cheap. Slowly moving over. Vancuard's IT is scary and their service is poor.
by sambb
Sat Jan 14, 2017 3:28 pm
Forum: Investing - Theory, News & General
Topic: Bogle says 50-50 short/intermediate bonds
Replies: 45
Views: 5458

Re: Bogle says 50-50 short/intermediate bonds

Given the response against long term bonds , now might be the time to buy them. For years I've read here that Lt bonds are not good because we are at historic lows in interest rates. I wonder how the 5 years returns compare.
by sambb
Thu Jan 12, 2017 7:13 am
Forum: Personal Finance (Not Investing)
Topic: Where do you keep your emergency fund?
Replies: 80
Views: 5996

Re: Where do you keep your emergency fund?

having an emergency fund was one of the dumbest financial moves i made. i have enough in taxable accts to cover emergencies, with a quick sale of funds. I wish i had invested those emergency dollars a long time ago, instead of letting them languish. I think the recommendation can be dubious.
by sambb
Wed Jan 11, 2017 7:16 pm
Forum: Investing - Theory, News & General
Topic: 2016 Callan Periodic Table of Investment Returns
Replies: 27
Views: 2835

Re: 2016 Callan Periodic Table of Investment Returns

thank goodness for international - theres room to run maybe
by sambb
Sun Jan 08, 2017 10:09 pm
Forum: Investing - Theory, News & General
Topic: No Vanguard Customer Support on weekends
Replies: 55
Views: 3962

Re: No Vanguard Customer Support on weekends

Vanguard's IT and customer service are lacking compared to others. It is unfortunate and one has to wonder if our assets are at risk because of it. It is sad to see that they are so far behind the curve. I wonder why they let it get so far behind.
by sambb
Sun Jan 08, 2017 6:18 pm
Forum: Personal Consumer Issues
Topic: How much is your cell phone bill?
Replies: 230
Views: 18614

Re: How much is your cell phone bill?

i always read these threads differently. The bill doesnt matter as much as the ROI. I pay more, but my ROI from work effectiveness and productivity is astronomocal from my smart phone. it doesnt matter alot what the cost is, within certain ranges. How else could i have so much data and information a...
by sambb
Sun Jan 08, 2017 6:12 pm
Forum: Investing - Help with Personal Investments
Topic: American Funds vs. index funds - comparing returns
Replies: 20
Views: 1868

Re: American Funds vs. index funds - comparing returns

To the OP - congrats, you have done alright despite the high expenses. nothing wrong with that as long as you stay on the curve. With index funds you will only be on the curve, and not better or worse. Nevertheless, you are doing ok. Not what i would do, but results matter also. in the end, i bet yo...
by sambb
Sun Jan 08, 2017 4:09 pm
Forum: Investing - Help with Personal Investments
Topic: Need advice moving from EJ
Replies: 36
Views: 2041

Re: Need advice moving from EJ

it doesnt matter what your fund expenses are right now. Theyre high and thats all that matters. Just rollover to vanguard and invest it. Done.
by sambb
Sun Jan 08, 2017 4:03 pm
Forum: Personal Consumer Issues
Topic: Best Ways to Buy Time
Replies: 68
Views: 7063

Re: Best Ways to Buy Time

1. smartphone and useful apps (like bill pays, etc) 2. Starbucks app - its ready when you go in 3. Car with better range or MPG 4. Dont get into any political or religious arguments 5. Dont be nosy - mind your own business 6. Go to work before rush hour and leave before rush hour or stay late and le...
by sambb
Sat Jan 07, 2017 8:20 pm
Forum: Investing - Help with Personal Investments
Topic: Should I leave Ameriprise?
Replies: 52
Views: 4673

Re: Should I leave Ameriprise?

you probably lost your friend, over saving some money. I think it is a good financial move for you, provided you dont need your friend's advice. But it sounds like your friendship is over.
by sambb
Sat Jan 07, 2017 8:11 pm
Forum: Investing - Theory, News & General
Topic: No Vanguard Customer Support on weekends
Replies: 55
Views: 3962

Re: No Vanguard Customer Support on weekends

I'll be honest, while I appreciate the fact that Vanguard actively tries to keep their costs low, sometimes I get the feeling they go overboard with it. They just often seem woefully understaffed from a customer service point of view. I get that they do things thing to help keep costs down which ul...
by sambb
Sat Jan 07, 2017 7:55 pm
Forum: Personal Consumer Issues
Topic: Any Audi Wagon owners?
Replies: 29
Views: 1969

Re: Any Audi Wagon owners?

despite the admonitions here, I have owned several german cars from MB, BMW, porsche, audi and they have been fine. Sometimes something comes up. I also have bought them CPO or new, so warranty has been valid. I have kept several out of warranty and didnt face major problems. They arent toyotas. YMM...
by sambb
Sat Jan 07, 2017 7:13 pm
Forum: Personal Finance (Not Investing)
Topic: Doctors and retirement
Replies: 67
Views: 7006

Re: Doctors and retirement

I have several friends who have amassed a mid to high 8-figure net worth. Nobody ever questions their consumption. They did not save any lives or ever do any surgery. They are not doctors. Why do we question how much a doctor makes, saves or doesn't save? There are fools that waste their money in e...
by sambb
Sat Jan 07, 2017 7:08 pm
Forum: Personal Finance (Not Investing)
Topic: Incorporating your home into networth calculation
Replies: 107
Views: 7106

Re: Incorporating your home into networth calculation

of course home should be in net worth calculation and mortgage should subtract.
It is a sizable asset, and it has some value
by sambb
Sat Jan 07, 2017 11:58 am
Forum: Investing - Help with Personal Investments
Topic: Anybody else Age - 10 in bonds, rest in stocks
Replies: 58
Views: 3864

Re: Anybody else Age - 10 in bonds, rest in stocks

i like age in bonds, or 60/40 for life. I will probably just stay at 60S/40B for a very long time, well into retirement. It works for me.
by sambb
Sat Jan 07, 2017 11:56 am
Forum: Personal Finance (Not Investing)
Topic: Doctors and retirement
Replies: 67
Views: 7006

Re: Doctors and retirement

Dont understand the concept of "consumption problem". If people want to earn and spend so be it. Doctors arent even close to CEOs of fortune 500 compaines with their private planes etc. I dont want to be judgmental. If a successful professional wants a nice car or a bigger house, who cares...
by sambb
Sat Jan 07, 2017 3:26 am
Forum: Personal Consumer Issues
Topic: Do I need to replace my desktop PC?
Replies: 27
Views: 2204

Re: Do I need to replace my desktop PC?

consider a mac instead
by sambb
Sat Jan 07, 2017 3:25 am
Forum: Investing - Help with Personal Investments
Topic: Bonds in taxable accounts
Replies: 5
Views: 743

Re: Bonds in taxable accounts

Man it's nice to see the right answer being given to this question nowadays. A tax-exempt bond fund in taxable is a great option for many and the best option for some. But figuring out if you're included in that many and that some is actually really complicated. +1 munis in taxable is a great optio...
by sambb
Wed Jan 04, 2017 10:20 pm
Forum: Personal Finance (Not Investing)
Topic: spousal disagreement over how much house to buy
Replies: 99
Views: 6357

Re: spousal disagreement over how much house to buy

sounds like a nice home, why not buy it and be happy. you can always sell it later in life and downsize
nice school system = definitely buy
I lived in an "average" school system. never again. never.
by sambb
Wed Jan 04, 2017 9:46 pm
Forum: Personal Finance (Not Investing)
Topic: Quicken
Replies: 33
Views: 2317

Re: Quicken

when you make a transaction in vanguard, how long before it shows up in quicken?
If i moved $$ between two mutual funds yesterday, how long will it be to show up in quicken? it shows up on the vanguard website.
by sambb
Tue Jan 03, 2017 7:15 pm
Forum: Personal Finance (Not Investing)
Topic: You have 5-10 minutes to teach someone about personal finance
Replies: 54
Views: 3941

Re: You have 5-10 minutes to teach someone about personal finance

Put all you can in the s and p while you are young
by sambb
Mon Jan 02, 2017 10:04 pm
Forum: Investing - Help with Personal Investments
Topic: Bonds go in taxable/
Replies: 13
Views: 1770

Re: Bonds go in taxable/

How does one determine then if bonds should go into 401K or Taxable? I'm in the 33% tax bracket this year and have bonds in 401K. I would hedge all bets and keep allocations the same on both sides Lets say you are 70/30 Make the same allocation in tax deferred, that you have in taxable (of course u...
by sambb
Mon Jan 02, 2017 10:01 pm
Forum: Investing - Help with Personal Investments
Topic: Bonds go in taxable/
Replies: 13
Views: 1770

Re: Bonds go in taxable/

until someone can also predict the future capital gains tax rate, it is hard to agree with several statements about bond placement
I think the issue is sometimes unclear, esp in high tax brackets and with munis
by sambb
Mon Jan 02, 2017 4:14 pm
Forum: Personal Finance (Not Investing)
Topic: quicken premier for tracking?
Replies: 6
Views: 329

Re: quicken premier for tracking?

how is it compared to mint. seems like mint is the future?
by sambb
Mon Jan 02, 2017 3:30 pm
Forum: Investing - Theory, News & General
Topic: Bogle worried Vanguard is getting too big
Replies: 68
Views: 11506

Re: Bogle worried Vanguard is getting too big

Speaking of Customer Service, is Vanguard the last major financial site in the world not to have "Live Chat". That's usually pretty quick at most places and one advantage is you can usually get a transcript of what was said. Great point also. Wow, so many examples of their poor IT. index ...
by sambb
Mon Jan 02, 2017 3:28 pm
Forum: Personal Finance (Not Investing)
Topic: quicken premier for tracking?
Replies: 6
Views: 329

quicken premier for tracking?

Does anyone use quicken for tracking investments? I dont need the budget or case mgmt features, but would like to consider using it for investment tracking from mulitple sources (I know some use Mint also). Any thoughts?
THanks
by sambb
Mon Jan 02, 2017 10:33 am
Forum: Investing - Theory, News & General
Topic: Bogle worried Vanguard is getting too big
Replies: 68
Views: 11506

Re: Bogle worried Vanguard is getting too big

For investors it is nice, since Vanguard will continue to lower fees and force others to do so too. Increasing concentrations in fewer companies should lead to the opposite as competition diminishes. Personally, I would rather Vanguard upgrade their technology platforms and fix their customer servi...
by sambb
Mon Jan 02, 2017 7:45 am
Forum: Investing - Theory, News & General
Topic: Bogle worried Vanguard is getting too big
Replies: 68
Views: 11506

Re: Bogle worried Vanguard is getting too big

I hope other companies dont cut their expenses so much that they cant keep up with the IT issues. I fear that vanguard has done that and it certainly doesnt seem good. Expenses can be cut so much that operational expenses are not enough.
by sambb
Sat Dec 31, 2016 9:26 am
Forum: Personal Finance (Not Investing)
Topic: Delayed Gratification In Life & its fallacies
Replies: 56
Views: 5712

Re: Delayed Gratification In Life & its fallacies

As I read thru many posts detailing how folks at a youngish age have amassed a huge amount of money ("Hi, I am 35 and my net worth is 2M"), I tend to think that there must be a % of them that perhaps got there by saving every penny they made while living extremely frugally, forgoing the m...
by sambb
Fri Dec 30, 2016 7:21 pm
Forum: Personal Finance (Not Investing)
Topic: Are there any benefits to achieving "great wealth"?
Replies: 106
Views: 7994

Re: Are there any benefits to achieving "great wealth"?

That is an issue that shows up in Bogleheads. Great wealth seems to still mean spending as little as possible. I don't really understand the grip some here have on their money. I don't mean one should spend wildly and out of control. But, someone with millions of dollars.... a $50k car is nothing. ...
by sambb
Fri Dec 30, 2016 8:56 am
Forum: Personal Finance (Not Investing)
Topic: Are there any benefits to achieving "great wealth"?
Replies: 106
Views: 7994

Re: Are there any benefits to achieving "great wealth"?

a lot of americans have great wealth by global standards, and by global standards, the top 1% is quite common in the USA. There are a lot of people that have subtle negative things to say about wealth here, unclear why that is, but I see the same when sometimes when someone wants to buy a nice car t...
by sambb
Thu Dec 29, 2016 9:01 pm
Forum: Personal Consumer Issues
Topic: At what age, income, and NW would you buy a $50k car?
Replies: 174
Views: 10763

Re: At what age, income, and NW would you buy a $50k car?

I don't have too much time but the list price of a vehicle doesn't denote what it the true cost to own is. A person driving a lesser, less expensive vehicle could end up paying much more than a person driving a nicer vehicle. Let me elaborate. Option 1: BMW 3 Series, List Price 44K If we leave ever...
by sambb
Thu Dec 29, 2016 8:49 pm
Forum: Investing - Help with Personal Investments
Topic: switch to LT bonds from IT
Replies: 1
Views: 321

switch to LT bonds from IT

I have a holding of bond fund in my taxable acct and it will be there long term. I use vanguard intermed term tax exempt. I am considering switching to long term tax exempt - it is way off the highs, and for a time horizon of >10 years (maybe >20), would it be valuable? I assume with this time horiz...
by sambb
Tue Dec 27, 2016 9:49 pm
Forum: Personal Consumer Issues
Topic: At what age, income, and NW would you buy a $50k car?
Replies: 174
Views: 10763

Re: At what age, income, and NW would you buy a $50k car?

I always wonder in these threads what someone would say if you wrote the same income and NW but Asked if you could afford donating 25k to 50k to a charity. +1 Yes, i see the resistance to buying a car "because it depreciates" etc etc etc etc If you donate 50,000 to charity, you lose all 5...
by sambb
Tue Dec 27, 2016 9:44 pm
Forum: Investing - Theory, News & General
Topic: Does Vanguard always have our best interests in mind?
Replies: 55
Views: 4554

Re: Does Vanguard always have our best interests in mind?

I wish vanguard would charge higher fees and clean up the IT
I agree that they dont stay the course
But, if you look at threads here from 2008 and 9, lots of people here dont stay the course
by sambb
Mon Dec 26, 2016 8:46 pm
Forum: Personal Consumer Issues
Topic: At what age, income, and NW would you buy a $50k car?
Replies: 174
Views: 10763

Re: At what age, income, and NW would you buy a $50k car?

No, I would not. Wait till ypu hit $10m. In investments, not net worth. Then drive what you want. $10M is a lot. OP could be dead by then... :( When I had that income and net worth profile I always chose to buy CPO luxury cars around that price point. I probably could've afforded whatever I wanted ...

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