Search found 1323 matches

by scone
Wed Apr 06, 2016 11:12 am
Forum: Investing - Theory, News & General
Topic: Why own (non-index) mutual funds at all?
Replies: 43
Views: 3595

Re: Why own (non-index) mutual funds at all?

Some things aren't always indexed, and they aren't mutual funds. Stable value funds, for example. IIRC the iShares gold trust, IAU, is not indexed, nor GLD. Some of the alternatives are not indexed, like the AQR funds. A brokered CD isn't indexed. Real estate in a Roth obviously isn't indexed. Nor i...
by scone
Wed Apr 06, 2016 10:48 am
Forum: Investing - Theory, News & General
Topic: [DOL Rule on Fiduciary Standard is Released]
Replies: 105
Views: 5301

Re: Thoughts on ObamaRule?

DH's 401k used to be a mishmash of active and passive funds, some very expensive. Then the company was hit by class action lawsuits, and things got a lot better. Hopefully this new rule will help; at any rate the trend to low cost investing is pretty entrenched at this point.
by scone
Wed Mar 30, 2016 10:54 am
Forum: Personal Finance (Not Investing)
Topic: Job in Mountain View, CA
Replies: 21
Views: 2342

Re: Job in Mountain View, CA

It's expensive, crowded, polluted, loud, and feels like a company town. Actually, it feels like a cross between a company town and a military base-- on a generation space ship. A strangely disconnected culture, where almost everybody seems to work in tech. Personally, I'd prefer my kids lived in a m...
by scone
Sun Mar 27, 2016 2:52 pm
Forum: Personal Finance (Not Investing)
Topic: Thoughts on Housing Prices Trajectory in the Bay Area?
Replies: 77
Views: 5905

Re: Thoughts on Housing Prices Trajectory in the Bay Area?

Have you considered the Livermore - Pleasanton area? Decent spot, much cheaper prices. It's a longer commute, but for 5 years, you could likely handle it. Might not appreciate as much as SF, but if prices drop, you haven't lost as much.
by scone
Sun Mar 27, 2016 2:40 pm
Forum: Personal Finance (Not Investing)
Topic: Home too small
Replies: 45
Views: 4113

Re: Home too small

Before you talk to an architect or a bank, go down to your local planning department and figure out your "buildable envelope." That's the space you could theoretically build on, once you subtract setbacks, easements, obstacles like septic systems, and so on. Once you have a realistic build...
by scone
Fri Mar 25, 2016 9:18 am
Forum: Personal Finance (Not Investing)
Topic: sellers want us to waive financing contingency
Replies: 80
Views: 6137

Re: sellers want us to waive financing contingency

This isn't baseline normal, even in a relatively hot market. But buyers and sellers can ask for anything at all-- doesn't mean they'll get it. Maybe the sellers had a previous offer fall through because buyers could not get financing, hence this play. I would not go along with it, but my motto is, &...
by scone
Mon Mar 21, 2016 6:47 am
Forum: Investing - Help with Personal Investments
Topic: Retired and Risk Averse - Suggestions Please
Replies: 27
Views: 2307

Re: Retired and Risk Averse - Suggestions Please

20% S + P 500 5% International 35% Short duration Treasury bond fund 35% Intermediate duration Treasury bond fund 5% Treasury money market Treasuries tend to rise when the stock markets are tanking, which reduces the total amount of money you lose in that situation. Splitting the Treasury bond funds...
by scone
Sat Mar 12, 2016 7:44 am
Forum: Investing - Theory, News & General
Topic: Your stock funds closed at highest [so far] of 2016 today
Replies: 35
Views: 4333

Re: Your stock funds closed at highest [so far] of 2016 today

Who cares? I don't. I'm in it for the long haul. Those who didn't rebalance should care because maybe they will not miss the next chance. And those that did rebalance may need to start rebalancing out of equities if they have hit their rebalance trigger bands. Yep, that's me. For once I actually bo...
by scone
Mon Mar 07, 2016 8:58 am
Forum: Personal Consumer Issues
Topic: Anything to look for when buying a fridge?
Replies: 38
Views: 2830

Re: Anything to look for when buying a fridge?

I tend to go for the simplest, cheapest appliances that meet my specs, have a pretty good repair history, and a lot of local people who are willing to work on the brand. All other things being equal, I'd rather buy something made in America. The one I have now is a bottom freezer Amana, no fancy bel...
by scone
Mon Mar 07, 2016 8:50 am
Forum: Personal Finance (Not Investing)
Topic: We paid off our mortgage ...what to do with the extra money each month?
Replies: 28
Views: 3880

Re: We paid off our mortgage ...what to do with the extra money each month?

Toons wrote:I suggest continue placing the monthly "hypothetical " mortgage payment in the taxable investment of your choice.
It worked for me.
:happy

^ This. If you resist "lifestyle inflation," you have a shot at the big prize: financial independence.
by scone
Wed Feb 24, 2016 7:54 am
Forum: Personal Finance (Not Investing)
Topic: Frustrated wtih how boring personal finance is
Replies: 40
Views: 4215

Re: Frustrated wtih how boring personal finance is

How about a new, difficult goal, like early retirement?
by scone
Sun Feb 21, 2016 10:20 am
Forum: Personal Consumer Issues
Topic: Selling historic house
Replies: 17
Views: 1827

Re: Selling historic house

"I have a buyer for your home" is a standard lead generation technique, it has nothing to do with the historic nature of the house. If you google "I have a buyer for your home," you will see how agents use this technique to drive leads in their "farm" area. If you reall...
by scone
Tue Feb 16, 2016 9:14 pm
Forum: Investing - Help with Personal Investments
Topic: Am I well diversified?
Replies: 15
Views: 1765

Re: Am I well diversified?

Welcome. You're on the right track, but you could speed things up if you choose. A 50% savings rate is possible, and with 250k in salary, it should be no hardship. As for your investments, look for the ones with the lowest expense ratio (check this board's wiki). You should only need a few stock fun...
by scone
Tue Feb 16, 2016 8:48 pm
Forum: Personal Consumer Issues
Topic: kitchen remodeling-why is it the norm?
Replies: 95
Views: 8088

Re: kitchen remodeling-why is it the norm?

A 30 year old kitchen is probably pretty worn, you just don't see it. It's also likely to be outdated in terms of functionality and efficiency. No one wants to spend hours cleaning tile countertop grout with bleach and a toothbrush today, no matter how "perfectly good" It is, because we ha...
by scone
Tue Feb 16, 2016 3:30 pm
Forum: Personal Finance (Not Investing)
Topic: Considering $ impacts of a move from MA to NH
Replies: 12
Views: 1078

Re: Considering $ impacts of a move from MA to NH

FWIW, I live in southern NH and haven't found a lot of little fees. What I have found, is more driving to get to entertainment venues, i.e., music, museums, etc. It's very quiet here, and the natural world is beautiful, but not a lot going on otherwise. We have even found it very difficult to get pe...
by scone
Thu Feb 11, 2016 2:09 pm
Forum: Investing - Theory, News & General
Topic: Yellen: "We're taking a look at negative interest rates."
Replies: 56
Views: 6637

Re: Yellen: "We're taking a look at negative interest rates."

(In before the lock.) Since you are a young person, you shouldn't be bothering with this stuff at all. Stick to plain vanilla bond funds, raise your savings rate, and focus on your career or business. Investing in yourself, making yourself more marketable, and having all the boring financial ducks i...
by scone
Thu Feb 11, 2016 1:49 pm
Forum: Personal Finance (Not Investing)
Topic: What is your decline in Net Worth as of today?
Replies: 96
Views: 10186

Re: What is your decline in Net Worth as of today?

If you include real property in "net worth," I really do not know, since I'm not selling, and I could only find out what these things are worth if I did sell. Zillow and Trulia say the real estate is worth more than when I bought it, but that's just an opinion. My stocks have dropped, but ...
by scone
Thu Feb 11, 2016 11:24 am
Forum: Investing - Theory, News & General
Topic: The 10 Year Treasury is at 1.60
Replies: 25
Views: 2580

Re: The 10 Year Treasury is at 1.60

Raising interest rates at the short end, which is the only aspect of the curve that the Fed controls directly, simply has nothing to do with "helping" prospective bond buyers or current bond holders. The Fed has a mandate from Congress to do the following: "The U.S. Congress establish...
by scone
Thu Feb 11, 2016 9:50 am
Forum: Investing - Theory, News & General
Topic: The 10 Year Treasury is at 1.60
Replies: 25
Views: 2580

Re: The 10 Year Treasury is at 1.60

It's not about "helping the bondholders." It's a flight to quality, because the global stock market is selling off due to fears of a China implosion, low oil prices, etc. Mr. Market is simply freaking out, and the Fed has no control over this stuff. On the up side, if the ten year stays lo...
by scone
Thu Feb 11, 2016 9:10 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 2901
Views: 610699

Re: U.S. stocks in freefall

Maybe that Kyle Bass "China Doom" letter has freaked people out. Let's see if Janet can pour oil on troubled waters. Got popcorn? :D
by scone
Wed Feb 10, 2016 4:43 pm
Forum: Investing - Help with Personal Investments
Topic: Nervous Newbie Investor
Replies: 24
Views: 1884

Re: Nervous Newbie Investor

Welcome! :D You should do what you need to do, so as to be comfortable and sleep at night. Right now isn't a bad time to buy stocks, since prices are down. But if that doesn't suit you, put part of your new contributions in stock, and part in bonds, each month. Don't sell your stock, you'll only rea...
by scone
Wed Feb 10, 2016 4:35 pm
Forum: Investing - Theory, News & General
Topic: Deflation ahead? Nobel Prize Economics winner's thought
Replies: 84
Views: 8724

Re: Deflation ahead? Nobel Prize Economics winner's thought

Dr. Krugman has a very particular agenda, which I'm not getting into here, even though I agree with some of it. The deflation call fits into that worldview. But we aren't into deflation yet, just a huge oversupply in oil, China jitters, and a bear market. It certainly feels weird to have the deflati...
by scone
Wed Feb 10, 2016 4:03 pm
Forum: Investing - Theory, News & General
Topic: Paul Merriman's Bond Portfolio (Thoughts?)
Replies: 12
Views: 1293

Re: Paul Merriman's Bond Portfolio (Thoughts?)

^ Like I said, I'm not concerned with the income from the bonds, which is not that great anyway. It's the efficiency of the portfolio as a whole. And it's a slippery slope to reach for yield. Treasuries typically rise when everything else is tanking, including corporate bonds.This time is not differ...
by scone
Wed Feb 10, 2016 3:52 pm
Forum: Investing - Theory, News & General
Topic: William Bernstein's "If You Can" Portfolio
Replies: 42
Views: 6425

Re: William Bernstein's "If You Can" Portfolio

Just an aside, but has anyone heard from Dr. Bernstein lately? He hasn't checked in recently, AFAIK.
by scone
Wed Feb 10, 2016 3:47 pm
Forum: Investing - Theory, News & General
Topic: Paul Merriman's Bond Portfolio (Thoughts?)
Replies: 12
Views: 1293

Re: Paul Merriman's Bond Portfolio (Thoughts?)

I would go with all Treasuries if I could, because it really reduces drawdowns when Mr. Market is having a hair-on-fire moment. I'm not concerned with income, I only care about total return. But in practice, I have a Total Bond clone in the 401k, because that's the only decent bond offering in that ...
by scone
Wed Feb 10, 2016 12:45 pm
Forum: Investing - Help with Personal Investments
Topic: Move 401k to stable value and lose no more principal
Replies: 14
Views: 1256

Re: Move 401k to stable value and lose no more principal

^ I agree. Put the new money in Stable Value, but don't sell stock right now. Also, increase your savings rate post-tax, that is, out of your paycheck. Put that money in CDs. Having a few years worth of expenses in cash means you aren't forced to sell to raise cash in retirement. This will definitel...
by scone
Tue Feb 09, 2016 4:34 pm
Forum: Investing - Help with Personal Investments
Topic: -24% Return over 2 years
Replies: 54
Views: 5345

Re: -24% Return over 2 years

You might want to edit out your company's name, just to keep some privacy. FWIW, I've lost money this year, but I'm still buying stocks. The last few years have been pretty abnormal, with low volatility and an inflated market. What you are seeing now IMO, is a gradual return to a more "natural&...
by scone
Tue Feb 09, 2016 4:19 pm
Forum: Investing - Theory, News & General
Topic: Fractional Reserve Banking System
Replies: 7
Views: 442

Re: Fractional Reserve Banking System

Banks have been "creating money" since before the USA was founded. In fact, until the Federal Reserve was instituted, there were commonly many different types of bank notes and scrip. You could found a bank, issue notes, and they would circulate as money. You can imagine the chaos and pani...
by scone
Tue Feb 09, 2016 3:08 pm
Forum: Investing - Help with Personal Investments
Topic: 401(k) getting killed
Replies: 52
Views: 5256

Re: 401(k) getting killed

There's no way to avoid the pain, except by taking less risk. If somebody tells you otherwise, he is either a fool, or trying to sell you something. You can put some money in bonds and cash, which will lessen the pain, especially when your bonds rise as stocks fall. Take a look at intermediate treas...
by scone
Tue Feb 09, 2016 2:59 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 2901
Views: 610699

Re: U.S. stocks in freefall

Taylor Larimore wrote:scone:

I like your timely signiture.

Best wishes.
Taylor


I steal from the best. 8-)
by scone
Tue Feb 09, 2016 1:52 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 2901
Views: 610699

Re: U.S. stocks in freefall

The ten year at 1.7% or thereabouts. Are people really that freaked out? Seems overdone to me. Here's the thing: the ten-year Treasury started the year at 2.24% and dropped to 1.75% for the last close, a few bp lower than that now. Over the same period, the ten-year TIPS went from 0.69% to 0.52%. P...
by scone
Tue Feb 09, 2016 1:19 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 2901
Views: 610699

Re: U.S. stocks in freefall

The ten year at 1.7% or thereabouts. Are people really that freaked out? Seems overdone to me.
by scone
Tue Feb 09, 2016 1:13 pm
Forum: Personal Consumer Issues
Topic: How to deal with dentist phobia
Replies: 25
Views: 2513

Re: How to deal with dentist phobia

I have a phobia about getting ripped off by the dentist. Due to some bad experiences. I'd like to find an honest one, I'm sure they are out there.
by scone
Tue Feb 09, 2016 1:04 pm
Forum: Personal Consumer Issues
Topic: White Kitchen Cabinets?
Replies: 55
Views: 4953

Re: White Kitchen Cabinets?

Everything gets dirty in a kitchen, that's just common sense. Some people want to see the dirt, so they can get rid of it. Others want to hide the dirt, thinking they can go longer between cleanings. Apart from that, I prefer white cabinets because they help keep the whole kitchen lighter, so I can ...
by scone
Mon Feb 08, 2016 4:08 pm
Forum: Investing - Help with Personal Investments
Topic: No guts to buy today!
Replies: 55
Views: 5660

Re: No guts to buy today!

livesoft wrote:Do you have guts today to sell? Bond fund ETFs are up about 0.5% at the moment. Bond funds rarely go up by 0.5% or more in a single day. I'm sure they will trade lower later on this month.

Just out of idle curiosity, why do you think so? :happy
by scone
Mon Feb 08, 2016 3:58 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 2901
Views: 610699

Re: U.S. stocks in freefall

Another day, another hissy fit by Mr. Market, and futures looking like another gap down tomorrow. So is this a correction, or a bona fide bear? 8-)
by scone
Sat Feb 06, 2016 3:02 pm
Forum: Investing - Theory, News & General
Topic: QSPIX Nightmare - Closed Off to Retail Investors
Replies: 168
Views: 20641

Re: QSPIX Nightmare - Closed Off to Retail Investors

Why don't you guys ask Larry what's going on? :confused
by scone
Tue Feb 02, 2016 9:47 am
Forum: Personal Finance (Not Investing)
Topic: Refi vs. Construction loan
Replies: 3
Views: 435

Re: Refi vs. Construction loan

It's hard to say what would be the best loan choice, as it varies so much. Just get some quotes, and get the cheapest overall. IIWY I'd build the small house first, move in temporarily (while storing most of your stuff in the bigger house), and then work on the bigger house. This gives you a clean a...
by scone
Mon Feb 01, 2016 11:20 am
Forum: Personal Finance (Not Investing)
Topic: Just not interested any more [in investing]
Replies: 42
Views: 7480

Re: Just not interested any more [in investing]

I still read the business news every day, but with much more detachment. Everyone seems to be talking their book, and the standard memes don't move me anymore. I have seen this movie before. Even the Bogleheads have their standard memes and never-ending arguments. Many of the frequent posters pretty...
by scone
Tue Jan 26, 2016 4:12 pm
Forum: Personal Consumer Issues
Topic: Dinner Ideas
Replies: 57
Views: 5052

Re: Dinner Ideas

Look in your refrigerator and cabinets, type the names of the ingredients into google search, get recipes, make food, eat. :D
by scone
Tue Jan 26, 2016 4:09 pm
Forum: Investing - Theory, News & General
Topic: Global Post article
Replies: 8
Views: 563

Re: Global Post article

If you look around, you will find dozens of bearish filler pieces, and dozens of bullish ones. Everyone is looking at the same numbers, but some people get paid to sensationalize. In any case, Salon jumped the shark some time ago. If you really want to keep up with the financial news, look at Bloomb...
by scone
Mon Jan 25, 2016 4:02 pm
Forum: Personal Finance (Not Investing)
Topic: Did the bears eat my retirement? - Sequence of Returns Risk
Replies: 70
Views: 6254

Re: Did the bears eat my retirement? - Sequence of Returns Risk

You have got to live within your means. Maybe you can let the kids pay for college-- believe me, as someone who worked her way through, it will not kill them. Maybe you will also have to dial down your expenses. That's not as hard as it sounds, either. You can live pretty comfortably on 40 - 50k per...
by scone
Sun Jan 24, 2016 1:30 pm
Forum: Investing - Help with Personal Investments
Topic: Think my future father in law is giving the wrong advice to my fiance..what should i do?
Replies: 111
Views: 9624

Re: Think my future father in law is giving the wrong advice to my fiance..what should i do?

If she doesn't have the grit to stand up to you and her father, she's not ready for marriage and children.
by scone
Sun Jan 24, 2016 1:24 pm
Forum: Personal Consumer Issues
Topic: The Big Short
Replies: 153
Views: 16944

Re: The Big Short

The SEC isn't exactly portrayed as a bastion of rectitude. Remember the scene where the SEC chick is kissing up (*ahem!*) to the Goldman Sachs dude, in hopes of getting a lucrative job? Revolving door. Regulatory capture. :greedy
by scone
Fri Jan 22, 2016 9:23 am
Forum: Personal Consumer Issues
Topic: How to get customers for a cleaning service?
Replies: 15
Views: 1230

Re: How to get customers for a cleaning service?

Speaking as a potential customer, I would take a look. However, one has to think about security. In my state, IIRC, there's no licensing requirement, no bonding or insurance required for housecleaners. Even if there is a bond, there's no way for me to easily determine whether the bond has been calle...
by scone
Thu Jan 21, 2016 4:48 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 2901
Views: 610699

Re: U.S. stocks in freefall

It's the ripple effect from the oil patch that could cause problems. Job loss, real estate downturn, small business failures, pullback from investment. The China issue is more complicated; our exports to China might not be huge, but if China implodes, that effects Europe. The big issue everywhere IM...
by scone
Thu Jan 21, 2016 10:20 am
Forum: Personal Consumer Issues
Topic: What was your biggest unexpected home expense?
Replies: 87
Views: 7720

Re: What was your biggest unexpected home expense?

Not exactly unexpected, but still. Our last house was a money pit, as I warned my husband it would be, but we bought it because of location and lack of better choices. Mostly older housing stock here, and the builders were not putting up new because of the crash. The house had a lot of hidden dry ro...
by scone
Wed Jan 20, 2016 7:24 pm
Forum: Personal Consumer Issues
Topic: Water softener: Care and maintenance
Replies: 8
Views: 777

Re: Water softener: Care and maintenance

We have miserable water. It's actually thick and sludgy with red rust and iron eating bacteria. We have a filter hanging on the line, then the water softener, which we load up with salt and Iron Out. The machine is being gradually overwhelmed by the iron, so we have "breakouts" where the w...
by scone
Wed Jan 20, 2016 11:16 am
Forum: Investing - Theory, News & General
Topic: Capitulation!
Replies: 61
Views: 7270

Re: Capitulation!

I don't know about capitulation, I have no idea where the bottom will be. But I feel better about buying stocks at lower prices this year, than I did buying last year, at higher prices.

Go to advanced search