Search found 4385 matches

by staythecourse
Mon May 29, 2017 7:31 am
Forum: Local Chapters and Bogleheads Community
Topic: I think I found Rick Ferri
Replies: 64
Views: 14833

Re: I think I found Rick Ferri

Interesting if Mr. Ferri could contribute as an advisor to to the bogleheads community on converting accumulated wealth to post retirement happiness. Many of us (me included) are very good about the former and not so confident in the latter. It is mindset that is difficult to just switch on and it s...
by staythecourse
Sun May 28, 2017 7:30 pm
Forum: Investing - Theory, News & General
Topic: DON'T pay off your mortgage; instead reduce Sequence of Return Risk
Replies: 95
Views: 6381

Re: DON'T pay off your mortgage; instead reduce Sequence of Return Risk

I have an easier and WAY more logical approach. It is the common sense approach of 1. Have enough in principle stable investments to match one's monthly liabilities and 2. ADAPT to the situation. It is no different then one needing to adapt to their investment plan during the accumulation period whe...
by staythecourse
Thu May 25, 2017 6:54 pm
Forum: Personal Finance (Not Investing)
Topic: When does Saving become missing out on life?
Replies: 71
Views: 7347

Re: When does Saving become missing out on life?

Great thread. I would say just come up with a number and focus on hitting that saving %. I think 20% is a pretty good number with your income. If you hit that just spend the rest. I can bet there are as many if not more folks who die on their death bed bemoaning all the extra money they had left ove...
by staythecourse
Wed May 24, 2017 11:59 am
Forum: Investing - Help with Personal Investments
Topic: First attending level job but no 401k offered. What are the options?
Replies: 14
Views: 1307

Re: First attending level job but no 401k offered. What are the options?

Apologize if it has been addressed as I didn't read the other replies. First, no it is a piece of cake setting up a solo 401k. The bigger issue is to do it means you have to work for yourself. That means get them to pay you as a 1099 vs. W2 if you are interested in that route. Of course, there a BUN...
by staythecourse
Wed May 24, 2017 11:53 am
Forum: Investing - Help with Personal Investments
Topic: I admit, I give up [need strategy for getting back in]
Replies: 30
Views: 4282

Re: I admit, I give up [need strategy for getting back in]

[ Either way, I do believe the target fund may be the best scenario here. It keeps the emotions out and I let Vanguard do what they are good at. What is the plan though when the market starts to tank again (mind you I said when and not IF)? Aren't you at a high risk of just going into your account ...
by staythecourse
Wed May 24, 2017 11:49 am
Forum: Investing - Theory, News & General
Topic: Anyone else track the value of their investments by discounting the value of equities?
Replies: 64
Views: 3628

Re: Anyone else track the value of their investments by discounting the value of equities?

Once a year i'll run an exercise where I discount all financial assets at 0% to simulate a complete financial collapse. A home, 6 months of food, water filtration, medicine and shotgun are a good offset to this scenario. Tongue and cheek, but agree. The level of paranoia of some on this site is ins...
by staythecourse
Wed May 24, 2017 11:44 am
Forum: Investing - Help with Personal Investments
Topic: A gem Livesoft uncovered
Replies: 64
Views: 10224

Re: A Gem from Livesoft

I'll add my usual of how useless charts are like this. One big reason is even one failure in 100 (1%) is still 100% for that individual. So does that mean we should not retire until we have 100% reliability of not running out of money? Any number less then that means their is a probability of runnin...
by staythecourse
Tue May 23, 2017 3:46 pm
Forum: Investing - Theory, News & General
Topic: Anyone else track the value of their investments by discounting the value of equities?
Replies: 64
Views: 3628

Re: Anyone else track the value of their investments by discounting the value of equities?

Once a year i'll run an exercise where I discount all financial assets at 0% to simulate a complete financial collapse. A home, 6 months of food, water filtration, medicine and shotgun are a good offset to this scenario. Tongue and cheek, but agree. The level of paranoia of some on this site is ins...
by staythecourse
Tue May 23, 2017 8:51 am
Forum: Investing - Help with Personal Investments
Topic: I admit, I give up [need strategy for getting back in]
Replies: 30
Views: 4282

Re: I admit, I give up [need strategy for getting back in]

Honestly, after reading the blurb I thought "Oh no", but looking at your breakdown of numbers you are still doing better then majority of folks even on this site. So there is some good news. Now I would say the biggest issue is NOT how to go about deploying money in investments as that is ...
by staythecourse
Thu May 18, 2017 10:54 am
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Skill Exists But It's Hard To Find
Replies: 6
Views: 1209

Re: Larry Swedroe: Skill Exists But It's Hard To Find

Didn't even read the link, but again wanted to add the usual... It is NOT as important to identify those with skill in retrospect, but be able to find those with skill in ADVANCE on a dollar weighted return net fees, transaction costs, and taxes. I have not found ANYONE who has been able to identify...
by staythecourse
Thu May 18, 2017 8:29 am
Forum: Personal Finance (Not Investing)
Topic: Challenging a Late Medical Bill
Replies: 22
Views: 1488

Re: Challenging a Late Medical Bill

Who cares what the hospital says you owe. Wait until you get the EOB from the insurance company. If they tell you owe something that holds more validity. Just tell the hospital you will address this when you get the EOB from your insurance before acting on it to make sure all the numbers are compute...
by staythecourse
Sat May 13, 2017 4:13 pm
Forum: Personal Consumer Issues
Topic: Best DNA genealogy testing kits
Replies: 118
Views: 14844

Re: Best DNA genealogy testing kits

Didn't read all the replies and am sure this has been addressed, but if it hasn't I wouldn't even consider this unless there are explicit legal documents stating who owns the tissue you submit after testing and what is done with it. Also, who is privy to the data. I can bet it is only a matter of ti...
by staythecourse
Fri May 12, 2017 4:26 pm
Forum: Investing - Help with Personal Investments
Topic: Bank balking at transferring assets to Vanguard
Replies: 8
Views: 1608

Re: Bank balking at transferring assets to Vanguard

Any advice other then hiring an estate lawyer is the wrong advice. This MUCH too complicated and too much money at stake if one makes a mistake. Just call one up or hire the one who made the trust in the first place. Choosing to play a game without knowing the rules of said game usually ends up maki...
by staythecourse
Fri May 12, 2017 8:01 am
Forum: Personal Finance (Not Investing)
Topic: Staying the course with our plan
Replies: 16
Views: 1067

Re: Staying the course with our plan

You are building net worth. The loans are a negative on your net worth. Bingo. Money is fungible. If you decided to invest the extra money to pay down the loan at X interest rate vs. investing in fund Y giving a predicted return of Z. Either way you net worth increases. Not paying X interest rate o...
by staythecourse
Wed May 10, 2017 7:40 pm
Forum: Investing - Help with Personal Investments
Topic: Maximum Gain,swinging for the fences
Replies: 65
Views: 4559

Re: Maximum Gain,swinging for the fences

If it was for a specific purpose, e.g. buying a new car, I'd keep funds in high yield savings and CDs. If this was just for longer term investment purposes, I'd follow my IPS and adjust asset allocation accordingly. This is sort of a unusual situation. we have exceeded our number but are continuing...
by staythecourse
Mon Apr 24, 2017 11:32 pm
Forum: Investing - Theory, News & General
Topic: Is AA steady state, or unsteady state?
Replies: 14
Views: 1049

Re: Is AA steady state, or unsteady state?

Since Mr. Swedroe is no longer active on this site I will paraphrase his greatest contribution to personal investing (in my opinion) and it is the answer to this specific query... Yes your AA changes over time based on one's willingness, need, and ability to take risks. He has an excellent 2-3 pages...
by staythecourse
Mon Apr 24, 2017 11:18 pm
Forum: Personal Consumer Issues
Topic: TV show recommendations?
Replies: 489
Views: 195616

Re: TV show recommendations?

Right now I'm binging on "Friday Night Lights". Would second "Bloodlines". Good luck. I've watched the first two seasons of Bloodlines and enjoyed it, but it's very and dark depressing. I now use the line regularly in conversations, "We are not bad people we just did a bad ...
by staythecourse
Mon Apr 24, 2017 11:14 pm
Forum: Personal Consumer Issues
Topic: Administration Professionals Day
Replies: 17
Views: 1619

Re: Administration Professionals Day

First be sure whether or not she would appreciate a gesture. I know an assistant (who is the brightest star in my sky) that is quite insulted by the special day. Part of the reason is that no other professional has a special day and it's akin to buying flowers to make up for treating your assistant...
by staythecourse
Sat Apr 22, 2017 5:14 pm
Forum: Personal Consumer Issues
Topic: Issue With Real Estate Agent (Seller)
Replies: 56
Views: 4929

Re: Issue With Real Estate Agent (Seller)

I'm the OP. The house is in good cosmetic and mechanical shape. The lot isn't great; it's a cul de sac that opens into a townhouse complex. That being said, it's in a great school district and is a good neighborhood. I'll take what I can get but it's not clear how far to cut the price and how fast....
by staythecourse
Sat Apr 22, 2017 4:48 pm
Forum: Personal Consumer Issues
Topic: Issue With Real Estate Agent (Seller)
Replies: 56
Views: 4929

Re: Issue With Real Estate Agent (Seller)

I'm the OP. The house is in good cosmetic and mechanical shape. The lot isn't great; it's a cul de sac that opens into a townhouse complex. That being said, it's in a great school district and is a good neighborhood. I'll take what I can get but it's not clear how far to cut the price and how fast....
by staythecourse
Sat Apr 22, 2017 1:27 pm
Forum: Investing - Help with Personal Investments
Topic: A few questions about International... VXUS, VEA, VWO... low returns
Replies: 24
Views: 1697

Re: A few questions about International... VXUS, VEA, VWO... low returns

dbr wrote:
AlohaJoe wrote:
That's what Vanguard quotes for the fund's performance since inception (2007) for VEA.


Maybe someday the SEC will make it illegal to quote data like that.


Good one.
by staythecourse
Sat Apr 22, 2017 1:22 pm
Forum: Investing - Theory, News & General
Topic: Harry Browne Permanent Portfolio Discussion (Cont'd)
Replies: 582
Views: 134870

Re: Harry Browne Permanent Portfolio Discussion (Cont'd)

I think PP is a great approach to investing. It isn't meant to make it big. Heck, Harry Browne if he was still alive would likely scoff if mentioned his 25% equities approach did better then many high equity portfolio over the last 30-40 years. It wasn't meant to. It was meant to just chug along and...
by staythecourse
Sat Apr 22, 2017 1:15 pm
Forum: Personal Consumer Issues
Topic: Six pack for barbecue?
Replies: 77
Views: 5357

Re: Six pack for barbecue?

Nothing to add, but these are they times I wish I was still young and not tied down with family. :(

Good luck.
by staythecourse
Sat Apr 22, 2017 1:13 pm
Forum: Personal Consumer Issues
Topic: Issue With Real Estate Agent (Seller)
Replies: 56
Views: 4929

Re: Issue With Real Estate Agent (Seller)

I was 15 years old 25 years ago so can't comment if it was better or not. What I can say is selling/ buying a house or whatever is REALLY easy. The process is rather efficient now AND consumers are much more savvy about learning then trusting what is told to them by the professionals. Real estate al...
by staythecourse
Sat Apr 22, 2017 10:53 am
Forum: Personal Consumer Issues
Topic: TV show recommendations?
Replies: 489
Views: 195616

Re: TV show recommendations?

Right now I'm binging on "Friday Night Lights". Would second "Bloodlines". Good luck. I've watched the first two seasons of Bloodlines and enjoyed it, but it's very and dark depressing. I now use the line regularly in conversations, "We are not bad people we just did a bad ...
by staythecourse
Sat Apr 22, 2017 10:52 am
Forum: Personal Consumer Issues
Topic: Terminal Cancer Diagnosis for 5 year old: What would you do?
Replies: 32
Views: 5660

Re: Terminal Cancer Diagnosis for 5 year old: What would you do?

My wife (who is an oncologist) and another doc at the hospital had their husband and son diagnosed with cancer in the span of 2 weeks. Her and her group offered up their PTO time to the doc to be able to go to all the treatments. That was darn nice of them since it mean losing time with their own fa...
by staythecourse
Fri Apr 21, 2017 4:41 pm
Forum: Personal Consumer Issues
Topic: My Doctor says I am "unusual" (declining some blood tests)
Replies: 51
Views: 6980

Re: My Doctor says I am "unusual" (declining some blood tests)

Only question I have is if you are seeing an endocrinologist for thyroid why is your PCP even working it up?

Good luck.
by staythecourse
Fri Apr 21, 2017 2:22 pm
Forum: Investing - Theory, News & General
Topic: Anybody purposely loading up on mortgage debt?
Replies: 107
Views: 10351

Re: Anybody purposely loading up on mortgage debt?

Nothing to add, but an attempt to deviate the thread...

The thread was originally posted by "LH". Got me thinking I haven't seen the poster for awhile. Anyone know what happened to LH? I enjoyed their posts.

Good luck.
by staythecourse
Fri Apr 21, 2017 1:25 pm
Forum: Personal Consumer Issues
Topic: Comcast negotiations
Replies: 58
Views: 6262

Re: Comcast negotiations

Funny I called to cancel my service couple of years ago as I wanted to "cut the cord". They did not even negotiate with me. They did call a week after I discontinued service to see if I wanted to come back, but said nope as I was not bluffing. Every 6 months I still get a call from them as...
by staythecourse
Fri Apr 21, 2017 11:43 am
Forum: Personal Consumer Issues
Topic: TV show recommendations?
Replies: 489
Views: 195616

Re: TV show recommendations?

The Honourable Woman (BBC) It's a mix of Syriana and State of Play. Highly recommend. Stephen Rea plays my favorite spook ever, he belongs in a le Carre book. I agree; first-rate acting throughout (my crush on Maggie Gyllenhaal reinforced by her acting). I'll 3rd that. My wife made me start watchin...
by staythecourse
Fri Apr 21, 2017 11:38 am
Forum: Personal Consumer Issues
Topic: TV show recommendations?
Replies: 489
Views: 195616

Re: TV show recommendations?

Right now I'm binging on "Friday Night Lights".

Would second "Bloodlines".

Good luck.
by staythecourse
Fri Apr 21, 2017 11:18 am
Forum: Investing - Theory, News & General
Topic: Single most important investing advice?
Replies: 96
Views: 11063

Re: Single most important investing advice?

Investing begins with saving. Can't generate wealth from no money. Save as much as you can and as early as you can. Everything else you can figure out. The adv. of that is also your lifestyle going forward will require much less $$$ to support from your portfolio then if you live more lavish in reti...
by staythecourse
Thu Apr 20, 2017 8:24 am
Forum: Personal Finance (Not Investing)
Topic: Calling for all the Moms: career and family.
Replies: 42
Views: 5422

Re: Calling for all the Moms: career and family.

Not a mom, but married to an amazing one. :D My wife works full time and only wishes she could have more time to spend with the baby and toddler (not in a field you can do part time). The older I get the more I realize it is natural to always regret lost opportunities no matter which side you are lo...
by staythecourse
Thu Apr 20, 2017 8:10 am
Forum: Investing - Theory, News & General
Topic: Larry Swedroe says "Goodbye."
Replies: 336
Views: 36759

Re: Larry Swedroe says "Goodby."

I have not always agreed with Mr. Swedroe's views or posts, but do appreciate the kindness of someone of his stature coming on and not just posting, "Hey read this what I wrote", but answers questions on or off point to that post (many times heated ones). You don't see many folks as well k...
by staythecourse
Wed Apr 19, 2017 7:24 am
Forum: Personal Finance (Not Investing)
Topic: Moving from Chicago NW suburbs to NJ/NY area
Replies: 31
Views: 2410

Re: Moving from Chicago NW suburbs to NJ/NY area

I live in Chicago NW suburbs Software field, I make $150k + bonus. I have 2 offers from from with in our company - one at new jersey for same salary and another at northern NY(weschester county) for an additional 10% salary. Both carry an additional 5% bonus and relocation assistance. So far here i...
by staythecourse
Tue Apr 18, 2017 10:37 pm
Forum: Personal Consumer Issues
Topic: If a doctor takes your insurance, must they accept the negotiated rate?
Replies: 62
Views: 4861

Re: If a doctor takes your insurance, must they accept the negotiated rate?

There a number of plausible answers ranging from unethical provider doing illegal billing to incompetent patient who doesn't understand about balanced billing. Either way I do not understand why on a site as supposedly intelligent as this one caters to none of these folks just ask the possible offen...
by staythecourse
Mon Apr 17, 2017 7:25 pm
Forum: Investing - Theory, News & General
Topic: "Commodities in Your Portfolio? 'Hogwash...'"
Replies: 21
Views: 2743

Re: "Commodities in Your Porfolio? 'Hogwash...'"

Not sure you need a paper to show that expecting equity like returns with no correlation was not reasonable from commodities. The problem lies in too many folks listening to experts (including the experts) and not learning on their own. Anyone who spends/ spent anytime reading about commodities quic...
by staythecourse
Mon Apr 17, 2017 4:24 pm
Forum: Personal Consumer Issues
Topic: Insurance, doctors and writing off owed money
Replies: 21
Views: 1855

Re: Insurance, doctors and writing off owed money

The amount of distrust is far too rampant with patients and their providers (even from their own friends it seems). Here is a situation Doctor X basically says, "I gave you free care and don't worry about it". The person comes back and questions what external gain the doctor gets from this...
by staythecourse
Mon Apr 17, 2017 10:14 am
Forum: Investing - Theory, News & General
Topic: Ben Carlson Drawdown Chart
Replies: 18
Views: 3923

Re: Ben Carlson Drawdown Chart

JP Morgan has a similar chart they update every year that I also like https://cdn-images-1.medium.com/max/2000/1*67ykwi1hfbMrS7uIaE14Cw.png I would say the biggest learning point from these charts is there is NO reason the market goes up or down at any point during the year. It is random. There are...
by staythecourse
Mon Apr 17, 2017 9:39 am
Forum: Personal Consumer Issues
Topic: how much is reasonable amount to spend [on gymnastics]
Replies: 42
Views: 3235

Re: how much is reasonable amount to spend [on gymnastics]

I would say there are other positives for kids playing sports (especially girls). Outside of the usual positive of team building and gaining self confidence there is good data to support girls being far less sexually active if they are involved in sports. I think the data supports 10x less likely. S...
by staythecourse
Thu Apr 13, 2017 7:59 pm
Forum: Personal Finance (Not Investing)
Topic: New Home - Design Center Options - making smart choices
Replies: 30
Views: 2477

Re: New Home - Design Center Options - making smart choices

Often builder upgrades are priced at a premium vs. what the work would cost on the open market. Clearly with the incentives, you want to "spend" a least $20k in upgrades, but the trick is to get the most value from the upgrades. Two key questions: 1) Can I do this later, and if so at what...
by staythecourse
Thu Apr 13, 2017 9:25 am
Forum: Personal Finance (Not Investing)
Topic: Mortgage Question (buying a new home before selling current one)
Replies: 21
Views: 1772

Re: Mortgage Question (buying a new home before selling current one)

The crux will be where the 20% for downpayment is sitting now? Is it in cash? If so, I would just treat it as 2 different transactions. Then after selling the current a couple options arise: You could either invest it OR prepay down the new mortgage.

Good luck.
by staythecourse
Wed Apr 12, 2017 7:11 pm
Forum: Personal Finance (Not Investing)
Topic: Funding a house build
Replies: 5
Views: 474

Re: Funding a house build

Depends on many factors (I would think). Some are: Are you going to finance the mortgage after the house is built and thus get a construction loan that converts to a ARM or fixed after the house is built? How much liquidity do you need if one sells investments to pay for the construction? How much d...
by staythecourse
Wed Apr 12, 2017 7:53 am
Forum: Personal Consumer Issues
Topic: leaving early from work
Replies: 57
Views: 7379

Re: leaving early from work

Not sure if others have mentioned, but why not just change day cares? The one my daughter are at are from 6a-6pm. We always pick her up much earlier, but are covered just in case. Or how about finding one closer to one of your places of work? This is a MAJOR reason I chose a public school for our ki...
by staythecourse
Wed Apr 12, 2017 7:20 am
Forum: Personal Finance (Not Investing)
Topic: Can we afford private school tuition
Replies: 42
Views: 3391

Re: Can we afford private school tuition

And sent all our 4 kids to the same private school and same college. And we would have settled for a couple of Camry's if the choice had implied that. I am assuming a bit of recall bias here. I don't think private school for 4 AND college for 4 costs just a "couple of camry's". Good luck.
by staythecourse
Tue Apr 11, 2017 4:31 pm
Forum: Personal Finance (Not Investing)
Topic: Can we afford private school tuition
Replies: 42
Views: 3391

Re: Can we afford private school tuition

Quick answer is: no.

Long answer: you are WAY behind in savings. You are planning to ?upgrade housing. You want to pay for 2 kids colleges. Not sure how u will say private for one and not to do the same for the second.

good luck.
by staythecourse
Tue Apr 11, 2017 10:24 am
Forum: Investing - Help with Personal Investments
Topic: Terminal diagnosis. Single parent. Plan for child.
Replies: 11
Views: 2371

Re: Terminal diagnosis. Single parent. Plan for child.

I may be in the minority, but the money will sort itself out. It is basically style points on how to approach it. The BIGGEST concern I would have is for the young adult and making sure there is adequate support in place for their mental and emotional maturation now that you would not be there to fu...
by staythecourse
Tue Apr 11, 2017 10:15 am
Forum: Investing - Help with Personal Investments
Topic: Confused [about investing books]
Replies: 16
Views: 1607

Re: Confused [about investing books]

Simple books: 1. Jack Bogle's addition to the "Little Book" series. 2. Allan Roth's "How a Second Grader beat Wall street" Intermediate books: 1. Dr. Bernstein's, "Intelligent Asset Allocator" 2. Rick Ferri's "AAAA" Advanced: 1. Jack Bogle's "Common Sense...
by staythecourse
Mon Apr 10, 2017 4:26 pm
Forum: Investing - Theory, News & General
Topic: PA bailing on active management
Replies: 7
Views: 1169

Re: PA bailing on active management

Sorry, I can't give credit. ALL the data has and does still support passive strategies so why have they not done it to this point. In my opinion (which I have said numerous times on this site) more lawsuits from the pensioners on why this has not been doe thus far need to be filed. Folks need to be ...
by staythecourse
Thu Apr 06, 2017 12:59 pm
Forum: Personal Finance (Not Investing)
Topic: Best way of transferring wealth to kids?
Replies: 27
Views: 2554

Re: Best way of transferring wealth to kids?

So why give her money at 59.5? After all doesn't that just encourage her not to save because retirement has been given to her? Why not make her work for it so that she appreciates it more. Good question. First, she has no clue that money is even there. She will only know when we both die (she is on...

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