Search found 4541 matches

by staythecourse
Fri Jul 21, 2017 10:23 am
Forum: Personal Consumer Issues
Topic: Investing well for Retirement can be frustrating
Replies: 51
Views: 3008

Re: Investing well for Retirement can be frustrating

I think if you wanted to you could talk about your net worth. It will get you the same response (at least from me) when someone is gushing over ANY material object, which is indifference. I am not sure why folks identify with money. I get high school kids doing it, but find it odd when adults do it....
by staythecourse
Fri Jul 21, 2017 8:22 am
Forum: Personal Finance (Not Investing)
Topic: Kicking the net worth habit
Replies: 42
Views: 3602

Re: Kicking the net worth habit

I used to calculate my net worth as a metric for how I was doing financially. Now I am mostly retired, I am beginning to realize the inadequacy of this approach. If my net worth increases over time, is it good or bad? I have no interest in leaving an estate, so a failure of my net worth to decline ...
by staythecourse
Thu Jul 20, 2017 7:20 pm
Forum: Investing - Help with Personal Investments
Topic: Please explain Capital Gains tax after retirement
Replies: 29
Views: 1897

Re: Please explain Capital Gains tax after retirement

Google "how do capital gains affect your tax rate" and you'll find many explanations. The second result has a good explanation: If my ordinary income puts me in the 15% tax bracket, can I receive an unlimited amount of long-term capital gain at the 0% rate? No, the 0% rate applies only to...
by staythecourse
Thu Jul 20, 2017 5:02 pm
Forum: Investing - Help with Personal Investments
Topic: Please explain Capital Gains tax after retirement
Replies: 29
Views: 1897

Re: Please explain Capital Gains tax after retirement

Embarrassed to say I will be waiting for some tax amateur professionals to share some insight. I'm many years away from this but would like to have a better working understanding as well. Look forward to hearing the answers.

Good luck.
by staythecourse
Thu Jul 20, 2017 1:42 pm
Forum: Investing - Help with Personal Investments
Topic: Can anyone convince me I need international stock in my portfolio?
Replies: 111
Views: 4157

Re: Can anyone convince me I need international stock in my portfolio?

Those who don't invest in International because of Mr. Bogle I question if he was born Mr. Hashimoto of Tokyo and advocated for 100% Japanese stocks 50 years ago would you still be a believer in his approach? The question that needs to be asked (no one has asked him unfortunately) was it a good, edu...
by staythecourse
Thu Jul 20, 2017 12:00 pm
Forum: Investing - Help with Personal Investments
Topic: Can anyone convince me I need international stock in my portfolio?
Replies: 111
Views: 4157

Re: Can anyone convince me I need international stock in my portfolio?

I know there's a lot of debate here about whether international stock is really needed in a portfolio. I've read a lot of it and I still don't know what I think. Looking at the last 30 years, except for a few short periods, international stocks would have just been a drag on overall portfolio retur...
by staythecourse
Thu Jul 20, 2017 11:30 am
Forum: Personal Finance (Not Investing)
Topic: Physician Compensation and Subspecialties
Replies: 53
Views: 4057

Re: Physician Compensation and Subspecialties

You shoudlnt look at compensation. Instead, it is compensation by hours worked. I know two MDs. One works 12-14 hour days, 6 days a week, 365 days a year, and rarely takes vacation. he makes 2x as much as another MD in the same field, who works half as hard. So ultimately, they make the same. Inter...
by staythecourse
Thu Jul 20, 2017 8:27 am
Forum: Personal Finance (Not Investing)
Topic: Physician Compensation and Subspecialties
Replies: 53
Views: 4057

Re: Physician Compensation and Subspecialties

You shoudlnt look at compensation. Instead, it is compensation by hours worked. I know two MDs. One works 12-14 hour days, 6 days a week, 365 days a year, and rarely takes vacation. he makes 2x as much as another MD in the same field, who works half as hard. So ultimately, they make the same. Inter...
by staythecourse
Wed Jul 19, 2017 4:21 pm
Forum: Personal Finance (Not Investing)
Topic: Physician Compensation and Subspecialties
Replies: 53
Views: 4057

Re: Physician Compensation and Subspecialties

NYGiants235 wrote:Also, Eli Manning is the greatest QB alive.


Umm... NO.

With that thought process I am not sure I mentally stable you really are to be making your own decisions. :D

Good luck.
by staythecourse
Wed Jul 19, 2017 4:20 pm
Forum: Personal Finance (Not Investing)
Topic: Physician Compensation and Subspecialties
Replies: 53
Views: 4057

Re: Physician Compensation and Subspecialties

Doc here. Subspecialist myself worked in group private practice now am in solo practice. My wife is specialist as well who worked in corporate medicine. Are dad's are docs and so are are siblings. MANY of our friends are docs of ALL specialties. Basically, have seen or heard of almost everything. So...
by staythecourse
Wed Jul 19, 2017 11:49 am
Forum: Investing - Theory, News & General
Topic: Risk, Return, and Rebalancing
Replies: 104
Views: 3205

Re: Risk, Return, and Rebalancing

As much as I have read and thought about the topic I don't really care for ANY Of the financial definition of risk. In the end risk is you don't have X dollars when you need to have X dollars. It is up to each individual to figure out how to do that. If that means LMP great. If that means pensions a...
by staythecourse
Wed Jul 19, 2017 11:41 am
Forum: Investing - Help with Personal Investments
Topic: Designed an aggressive 20 year portfolio. Thoughts?
Replies: 24
Views: 1885

Re: Designed an aggressive 20 year portfolio. Thoughts?

VPMAX is closed. See, that's exactly what I meant. We invest the maximum allowed into PRIMECAP every year, but I didn't recognize it by its symbol. ETA: what do you do when you have more than $100k to invest annually? Since the allocation above is putting 25% in primecap then you are posing a situa...
by staythecourse
Wed Jul 19, 2017 11:41 am
Forum: Personal Consumer Issues
Topic: Indoor activities for a 3-year-old
Replies: 59
Views: 2357

Re: Indoor activities for a 3-year-old

Playing Hide and go seek (they are terrible) Funny how abstract hide and seek is for a young child. We have 2 (almost 2 and 5) and they are TERRIBLE with hide and seek. It is almost comical how bad they are. Funniest is when you are hiding and they just lose focus and forget to even look. Sat for 1...
by staythecourse
Wed Jul 19, 2017 9:25 am
Forum: Investing - Help with Personal Investments
Topic: Designed an aggressive 20 year portfolio. Thoughts?
Replies: 24
Views: 1885

Re: Designed an aggressive 20 year portfolio. Thoughts?

VPMAX is closed. See, that's exactly what I meant. We invest the maximum allowed into PRIMECAP every year, but I didn't recognize it by its symbol. ETA: what do you do when you have more than $100k to invest annually? Since the allocation above is putting 25% in primecap then you are posing a situa...
by staythecourse
Tue Jul 18, 2017 10:21 pm
Forum: Investing - Help with Personal Investments
Topic: Investment advice for $4 million - can I do all stocks?
Replies: 72
Views: 5498

Re: Investment advice for $4 million - can I do all stocks?

I think there should be an asterisk when it comes to getting money through windfall. Then it depends if you "earned it", i.e. selling a business or just had money fall in your lap, i.e. lottery, inheritance, life insurance policy, divorce, etc... I think there is a difference. In either s...
by staythecourse
Tue Jul 18, 2017 10:07 pm
Forum: Investing - Theory, News & General
Topic: Why the world's biggest investor backs the simplest investment
Replies: 25
Views: 3504

Re: Why the world's biggest investor backs the simplest investment

So define "first". If first is the one that was successful and accessible to the general public, then Jack was "first" Unbelievable. If one is FIRST they are FIRST. The discussion and rightful correction is not who had the FIRST PUBLIC or FIRST CHEAPEST or FIRST SUCCESSFUL it wa...
by staythecourse
Tue Jul 18, 2017 4:48 pm
Forum: Investing - Help with Personal Investments
Topic: Investment advice for $4 million - can I do all stocks?
Replies: 72
Views: 5498

Re: Investment advice for $4 million - can I do all stocks?

I am one of those folks who you mention who advocate that if it looks like you have enough for your lifetime on your trajectory then your time horizon is basically your heirs and/ or charity time horizon. If you are wrong and need the money sooner no big deal it isn't like it locked up in some unre...
by staythecourse
Tue Jul 18, 2017 1:56 pm
Forum: Investing - Help with Personal Investments
Topic: Investment advice for $4 million - can I do all stocks?
Replies: 72
Views: 5498

Re: Investment advice for $4 million - can I do all stocks?

I think there should be an asterisk when it comes to getting money through windfall. Then it depends if you "earned it", i.e. selling a business or just had money fall in your lap, i.e. lottery, inheritance, life insurance policy, divorce, etc... I think there is a difference. In either s...
by staythecourse
Tue Jul 18, 2017 10:49 am
Forum: Investing - Theory, News & General
Topic: Why the world's biggest investor backs the simplest investment
Replies: 25
Views: 3504

Re: Why the world's biggest investor backs the simplest investment

I believe that goes to Rex Sinquefield of now DFA fame. I thought he started the first index fund albeit marketed to institutional investors a couple years before the now named vanguard sp500 fund by Mr. Bogle. Well to be Geeky/Precise, I don't know how one should call out the Wells Fargo one. It w...
by staythecourse
Tue Jul 18, 2017 10:46 am
Forum: Investing - Help with Personal Investments
Topic: Investment advice for $4 million - can I do all stocks?
Replies: 72
Views: 5498

Re: Investment advice for $4 million - can I do all stocks?

I think there should be an asterisk when it comes to getting money through windfall. Then it depends if you "earned it", i.e. selling a business or just had money fall in your lap, i.e. lottery, inheritance, life insurance policy, divorce, etc... I think there is a difference. In either si...
by staythecourse
Mon Jul 17, 2017 10:03 pm
Forum: Investing - Theory, News & General
Topic: Why the world's biggest investor backs the simplest investment
Replies: 25
Views: 3504

Re: Why the world's biggest investor backs the simplest investment

Maybe semantics, but (please correct me if I am wrong) I do not think Mr. Bogle started the first index fund. The first retail index fund yes, but not the first one. I believe that goes to Rex Sinquefield of now DFA fame. I thought he started the first index fund albeit marketed to institutional inv...
by staythecourse
Mon Jul 17, 2017 12:59 pm
Forum: Personal Finance (Not Investing)
Topic: Rent in safer neighborhood or buy in less safe one?
Replies: 67
Views: 4102

Re: Rent in safer neighborhood or buy in less safe one?

OP HERE: Many great replies and I'm appreciative. Some have been a good reality check. I have been torn between the "old folks" living in the "old neighborhood" who say "no way" and the others who say it'd be snooty to buy a house for $250,000 when you can live much ch...
by staythecourse
Sun Jul 16, 2017 7:13 pm
Forum: Personal Finance (Not Investing)
Topic: Rent in safer neighborhood or buy in less safe one?
Replies: 67
Views: 4102

Re: Rent in safer neighborhood or buy in less safe one?

Real estate is not a difficult to figure out. What folks will want is: Safety, Good schools, close to public transport, and green space. That simple. So even if you don't care about safety or public schools it may come back to haunt you when you sell. I really don't think it's that simple at all . ...
by staythecourse
Sun Jul 16, 2017 5:33 pm
Forum: Investing - Help with Personal Investments
Topic: Thinking out loud
Replies: 30
Views: 3183

Re: Thinking out loud

There are a few things one has to accept. 1. The less stocks one owns over a long time horizon the less money one will earn from those investments. Folks on here think they can have their cake and eat it too. You can't decrease risk and think you can get the same return as a high equity investor whe...
by staythecourse
Sat Jul 15, 2017 3:00 pm
Forum: Personal Finance (Not Investing)
Topic: Rent in safer neighborhood or buy in less safe one?
Replies: 67
Views: 4102

Re: Rent in safer neighborhood or buy in less safe one?

You have got to be kidding? Why would ANYONE want to live in a less safe area if they have kids and want them to play outside? Who cares if you build equity in a house that may be hard to sell in the future. Real estate is not a difficult to figure out. What folks will want is: Safety, Good schools,...
by staythecourse
Sat Jul 15, 2017 8:51 am
Forum: Investing - Theory, News & General
Topic: The CAPEable Portfolio!
Replies: 30
Views: 2236

Re: The CAPEable Portfolio!

I bet the CAPE based system would actually outperform. If you can have the same return with lower risk, I think this is worth considering. Great idea. Now tell me the person who actually has done this on a prospective basis and made money out of it? Then tell me even if there is one how do you know...
by staythecourse
Fri Jul 14, 2017 10:23 pm
Forum: Investing - Theory, News & General
Topic: The CAPEable Portfolio!
Replies: 30
Views: 2236

Re: The CAPEable Portfolio!

I bet the CAPE based system would actually outperform. If you can have the same return with lower risk, I think this is worth considering. Great idea. Now tell me the person who actually has done this on a prospective basis and made money out of it? Then tell me even if there is one how do you know...
by staythecourse
Fri Jul 14, 2017 10:13 pm
Forum: Investing - Help with Personal Investments
Topic: What advice to give 21 year old?
Replies: 94
Views: 4581

Re: What advice to give 21 year old?

Great to hear. If I raise kids who are financially responsible I will be happy. Kudos I would love to accept the kudos, but the engineer in me suffers from the engineer's curse, pathological honesty. My youngest, 19 yo now, has some more growing up to do before he becomes financially responsible. B...
by staythecourse
Fri Jul 14, 2017 10:12 pm
Forum: Investing - Help with Personal Investments
Topic: Tony Robbins new book Unshakeable
Replies: 21
Views: 2288

Re: Tony Robbins new book Unshakeable

Nothing wrong with trying to make money. Some of the posters on this site make quite a bit of money on their on their own websites. The important question to answer is the advice being give still good advice or not. That is up to the intelligent individual to figure out. If they are giving responsib...
by staythecourse
Fri Jul 14, 2017 7:56 pm
Forum: Investing - Help with Personal Investments
Topic: What advice to give 21 year old?
Replies: 94
Views: 4581

Re: What advice to give 21 year old?

My advice to your son is the same as it is to ANY young investor... Don't worry about investing. It really doesn't matter. What does matter is SAVING. That means get the highest paid job you can in whatever you like AND LBYM. The end results in savings.He's a natural born saver, almost to a fault. ...
by staythecourse
Fri Jul 14, 2017 7:50 pm
Forum: Investing - Theory, News & General
Topic: How are folks handling the unprecedented rise in the market ?
Replies: 141
Views: 12210

Re: Listen to Jack Bogle

Anytime I am unsure what to do, I listen to our mentor, Jack Bogle, who knows more about investing than any of us: Stay the course . No matter what happens, stick to your program. I've said "Stay the course" a thousand times, and I meant it every time. It is the most important single piec...
by staythecourse
Fri Jul 14, 2017 4:10 pm
Forum: Personal Finance (Not Investing)
Topic: Finance Q for those that have gone through Divorce
Replies: 36
Views: 2510

Re: Finance Q for those that have gone through Divorce

I have NO experience with any of this, but common sense tells me this is less of what you think is best, but more of what the other party will agree to in the end. So unless you already know how she is going to lean then starting there is the best suggestion. No one on here is going to give any advi...
by staythecourse
Fri Jul 14, 2017 3:58 pm
Forum: Investing - Theory, News & General
Topic: The CAPEable Portfolio!
Replies: 30
Views: 2236

Re: The CAPEable Portfolio!

To be clear, my portfolio is (and will remain) the pretty boring 3 fund portfolio - I don't know enough about investing to think I can build something better. :) Looks like you already know as much as any good investor knows. Will there be active strategies BETTER then passive, bogleheads style app...
by staythecourse
Fri Jul 14, 2017 1:35 pm
Forum: Investing - Help with Personal Investments
Topic: What advice to give 21 year old?
Replies: 94
Views: 4581

Re: What advice to give 21 year old?

- Your human capital so far exceeds your investment assets that a bond position would be decimal dust. My advice to your son is the same as it is to ANY young investor... Don't worry about investing. It really doesn't matter. What does matter is SAVING. That means get the highest paid job you can i...
by staythecourse
Fri Jul 14, 2017 11:11 am
Forum: Personal Consumer Issues
Topic: Suing soon to be former employer, do I have a case?
Replies: 17
Views: 1894

Re: Suing soon to be former employer, do I have a case?

Don't ask us. Contact a local labor lawyer to see if you have a case. That is the correct answer. No need with threats. It is childish and a waste of time. Not to be lame, but the great part of living in America is there are laws PROTECTING you from being abused. Just contact the right person to se...
by staythecourse
Thu Jul 13, 2017 4:35 pm
Forum: Personal Finance (Not Investing)
Topic: Do you consider business travel to be a perk or a burden?
Replies: 117
Views: 6589

Re: Do you consider business travel to be a perk or a burden?

If it's a requirement of the job when you take it then it is built in to your pay. You can't knowingly accept a salaried job with X% travel and then complain about not being compensated for it. Excellent point. If viewed as a perk or burden doesn't really matter. If it is a requirement of a job tha...
by staythecourse
Thu Jul 13, 2017 4:00 pm
Forum: Personal Finance (Not Investing)
Topic: Do you consider business travel to be a perk or a burden?
Replies: 117
Views: 6589

Re: Do you consider business travel to be a perk or a burden?

If it's a requirement of the job when you take it then it is built in to your pay. You can't knowingly accept a salaried job with X% travel and then complain about not being compensated for it. Excellent point. If viewed as a perk or burden doesn't really matter. If it is a requirement of a job tha...
by staythecourse
Thu Jul 13, 2017 3:55 pm
Forum: Investing - Help with Personal Investments
Topic: Advice for Asian Indian friend on parking 100k
Replies: 14
Views: 1280

Re: Advice for Asian Indian friend on parking 100k

I think it's too good to be true, and there's some risk missing that's not accounted for. On a site as intelligent as this do folks really feel they can find $20 bills on the street that no one else has picked up. The most dangerous investment is not one with high risk, but the one's that you can't...
by staythecourse
Thu Jul 13, 2017 9:36 am
Forum: Personal Finance (Not Investing)
Topic: Do you consider business travel to be a perk or a burden?
Replies: 117
Views: 6589

Re: Do you consider business travel to be a perk or a burden?

Of course, it is a negative. It is like asking if a long commute is a perk or a burden. Also, I would say it is an uncompensated expense. As a represented employee I was compensated for "commuting", I travailed on company time. Room and board were covered, I made a few dollars on food and...
by staythecourse
Thu Jul 13, 2017 9:31 am
Forum: Investing - Help with Personal Investments
Topic: Ditching our money man, whats next?
Replies: 9
Views: 1192

Re: Ditching our money man, whats next?

Think it is time to read the sticky on how to ask for a portfolio review. It will give all the info. needed for the folks here to give a proper evaluation.

Good luck.
by staythecourse
Thu Jul 13, 2017 9:10 am
Forum: Investing - Theory, News & General
Topic: Burton Malkiel's Not so random walk
Replies: 17
Views: 2637

Re: Burton Malkiel's Not so random walk

Maybe Mom knows best. She always said, "Listen to what I say and not what I do". Seems to hold value (pun intended) here.

Good luck.
by staythecourse
Wed Jul 12, 2017 7:44 pm
Forum: Investing - Help with Personal Investments
Topic: New Commodities ETFs
Replies: 35
Views: 1534

Re: New Commodities ETFs

I know the "rationalizing" of why CCF seems legit to blame increased instituitional money into the CCF, but not sure if we have enough data to support it or if it passes the sniff test of common sense. For example, if that was true I am supposing (maybe completely wrong) that since they ha...
by staythecourse
Wed Jul 12, 2017 7:26 pm
Forum: Personal Finance (Not Investing)
Topic: Do you consider business travel to be a perk or a burden?
Replies: 117
Views: 6589

Re: Do you consider business travel to be a perk or a burden?

The fact you ask this question makes me think the corporate brainwashing is in full swing. Of course, it is a negative. It is like asking if a long commute is a perk or a burden. Also, I would say it is an uncompensated expense. If one is married with kids it may affect how much they need to pay oth...
by staythecourse
Wed Jul 12, 2017 12:40 pm
Forum: Investing - Help with Personal Investments
Topic: New Commodities ETFs
Replies: 35
Views: 1534

Re: New Commodities ETFs

Larry Swedroe stopped recommending commodities some time ago. Since the 2008-2009 financial crisis, commodities have not done well, much of this due to the cheaper energy prices. CCF should only do well in times of unexpected inflation or other times of supply demand disruptions which ultimately in...
by staythecourse
Wed Jul 12, 2017 12:06 pm
Forum: Investing - Theory, News & General
Topic: Bobby, say it ain't so [Robert Shiller's new CAPE fund]
Replies: 6
Views: 1286

Re: Bobby, say it ain't so

I wonder why he would be doing this. I can't believe it is for money. He is surely tenured at Yale AND can make out his own number for speaking engagements at will. He has more then enough fame from his Nobel Prize. I am assuming there is an itch to see if what he says or believes can produce return...
by staythecourse
Tue Jul 11, 2017 2:53 pm
Forum: Investing - Theory, News & General
Topic: Why Simple beats complex
Replies: 71
Views: 6504

Re: Why Simple beats complex

Gotta say that seems to be a nice collection of slogans that doesn't really say anything, and given time, could be pretty easily debated. It is all like the stuff you would get from a "phrase of the day" book. In a nutshell that is my point. There is no substance in this article to proper...
by staythecourse
Tue Jul 11, 2017 10:38 am
Forum: Personal Finance (Not Investing)
Topic: What do you do when you run the numbers and don't like the answer that you get?
Replies: 29
Views: 3369

Re: What do you do when you run the numbers and don't like the answer that you get?

I guess the question I'm asking here is how people cope with the uncertainty over a 20 year time scale, where the numbers are doubtful, and the number of unknowns (even known unknowns) is so large. It's called life. Life is not a math equation. How did you make it from 0-your age now? Was there any...
by staythecourse
Tue Jul 11, 2017 10:33 am
Forum: Personal Finance (Not Investing)
Topic: How to save for and finance house move up
Replies: 64
Views: 3136

Re: How to save for and finance house move up

I didn't read whole posthing but first thing to jump out I think your list is in wrong order. Pay off consumer debt asap Increase retirement so you know what you can actually afford in a house Then look at bigger house. I thought I was the only one who didn't fully read posts. Without reading throu...
by staythecourse
Tue Jul 11, 2017 9:43 am
Forum: Investing - Theory, News & General
Topic: Why Simple beats complex
Replies: 71
Views: 6504

Re: Why Simple beats complex

No issues with simplicity, but using this article full of nothing to support it was pretty lame. There was nothing but words to support his claim. Maybe this would be a good time to get a better in depth discussion with actual DATA to support "simple is better" folks claims. Then we can g...
by staythecourse
Mon Jul 10, 2017 7:17 pm
Forum: Investing - Theory, News & General
Topic: Why Simple beats complex
Replies: 71
Views: 6504

Re: Why Simple beats complex

No issues with simplicity, but using this article full of nothing to support it was pretty lame. There was nothing but words to support his claim. Maybe this would be a good time to get a better in depth discussion with actual DATA to support "simple is better" folks claims. Then we can gi...

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