Search found 1144 matches

by swaption
Wed May 25, 2016 10:41 am
Forum: Investing - Help with Personal Investments
Topic: Need Moral Support for FA Breakup!
Replies: 68
Views: 4738

Re: Need Moral Support for FA Breakup!

These conversations remind me of the wounded bear analogy in Brad Gilbert's Winning Ugly. He described the effort of a tennis player that is down in a match as similar to that of a wounded bear in a fight. The bear will go above and beyond to maintain survival and the path to victory will require ex...
by swaption
Fri May 20, 2016 5:05 pm
Forum: Personal Finance (Not Investing)
Topic: Pride in no inheritance to kids?
Replies: 233
Views: 368

Re: Pride in no inheritance to kids?

Pride is important and self respect for managing life so that you could support a family well is important too. Sometimes pride can get in the way. If you are middle age and have done well enough to prove to yourself and your family/friends that you had the right stuff -- why would taking an inheri...
by swaption
Fri May 20, 2016 3:16 pm
Forum: Personal Finance (Not Investing)
Topic: Pride in no inheritance to kids?
Replies: 233
Views: 368

Re: Pride in no inheritance to kids?

Ignored this thread for a while, and actually an interesting topic. I will admit to being a bit bothered by one line of thread in particular. Occasionally there will be some reference to the ability to retiring early based on some level of inheritance. While my parents have left me nothing and in fa...
by swaption
Wed May 18, 2016 7:02 pm
Forum: Personal Finance (Not Investing)
Topic: Hail damage on roof; what to do with Insurance Providers' $9,950 check
Replies: 51
Views: 3757

Re: Hail damage on roof; what to do with Insurance Providers' $9,950 check

Interesting. I was told after a ice damn claim that I could rip up check and cancel the claim and it would be expunged from record. Maybe not true? What if one just gets an estimate, but declines payment and never gets a check? I ended up cashing it, doing no significant repairs and hoping my premi...
by swaption
Wed May 18, 2016 6:51 pm
Forum: Personal Finance (Not Investing)
Topic: Destination, Not Journey?
Replies: 20
Views: 2287

Re: Destination, Not Journey?

Saying goes, you don't know what you don't know. But you should have an idea of the magnitude. In your case, you need to know that there is an enormous amount that you don't know, simply because at your stage of life it is unknowable. That journey you refer to is this thing called life and from all ...
by swaption
Thu Apr 28, 2016 12:43 pm
Forum: Personal Finance (Not Investing)
Topic: I Hate My Job: Politics at Work (Advice Needed)
Replies: 108
Views: 12338

Re: I Hate My Job: Politics at Work (Advice Needed)

My advice is take some time for some serious self-reflection. This is going to come off as a bit harsh, but I mean it from a place of tough love: You sound like a bad employee and a bad coworker. I think you really need to reassess your strengths and weaknesses and try to re-orient your attitude to...
by swaption
Wed Apr 27, 2016 9:02 am
Forum: Personal Finance (Not Investing)
Topic: I Hate My Job: Politics at Work (Advice Needed)
Replies: 108
Views: 12338

Re: I Hate My Job: Politics at Work (Advice Needed)

I don't really expect people to understand the totality of the situation, since there is a lot of backstory to what's going on. I'm getting a few advice of "do a good job and you'll be fine" - I'm afraid that's extremely naive. I have no assurances that if I do a good job my contract will...
by swaption
Wed Apr 27, 2016 8:33 am
Forum: Personal Finance (Not Investing)
Topic: I Hate My Job: Politics at Work (Advice Needed)
Replies: 108
Views: 12338

Re: I Hate My Job: Politics at Work (Advice Needed)

I mentored a very bright, hard working top 5% new guy about 5 years ago. I was about 4 levels up from him, but saw something promising so I took him under my wing. He spent 90% of his time doing great work, and 10% bemoaning the impact of office politics on him and letting everyone around him know ...
by swaption
Tue Apr 26, 2016 1:25 pm
Forum: Personal Finance (Not Investing)
Topic: I Hate My Job: Politics at Work (Advice Needed)
Replies: 108
Views: 12338

Re: I Hate My Job: Politics at Work (Advice Needed)

I don't think I started as a bad employee/co-worker, and my actions has been shaped on how I have been treated. I've always made reasonable comparison, notably against against Brian, who is also the first-year on the job. I benchmark myself against Brian, so my "resentment" about certain ...
by swaption
Thu Apr 21, 2016 1:51 pm
Forum: Investing - Theory, News & General
Topic: If past performance doesn't indicate future performance, why buy stocks?
Replies: 43
Views: 4278

Re: If past performance doesn't indicate future performance, why buy stocks?

Some combination of logic and common sense lead to the conclusion that stocks are riskier and should be expected to be priced to provide a return premium.

Past performance merely provides evidence to support the aforementioned logic and common sense.
by swaption
Wed Apr 13, 2016 11:13 am
Forum: Personal Consumer Issues
Topic: Advice on Buying a House with Illegal Basement?
Replies: 44
Views: 5072

Re: Advice on Buying a House with Illegal Basement?

Will make this simple, and I am a NY homeowner, so I think this may be consistent. Should not necessarily be any concerns regarding safety or suitability tied only to the fact that there is no C of O. Extraordinarily common to have basements of this sort with no C of O. I have one (although much nic...
by swaption
Thu Apr 07, 2016 10:30 am
Forum: Personal Finance (Not Investing)
Topic: How does FICO know your income?
Replies: 29
Views: 3357

Re: How does FICO know your income?

FICO is a behavioral score based on your credit activity and accounts.

Anything beyond that, including income is part of loan underwriting. As a result FICO does not fully explain loan performance.
by swaption
Mon Apr 04, 2016 4:00 pm
Forum: Investing - Help with Personal Investments
Topic: is foreign investing really worth it
Replies: 90
Views: 5741

Re: is foreign investing really worth it

Want to invest in Finland with Russia buzzing them with Jets and getting adventurous with border "enhancement". If you are a country close to China or Russia you have to be looking over your shoulder. Your corporations may be doing fine and then maybe not so well. The US has pretty good r...
by swaption
Mon Apr 04, 2016 3:08 pm
Forum: Investing - Help with Personal Investments
Topic: is foreign investing really worth it
Replies: 90
Views: 5741

Re: is foreign investing really worth it

One thing to add. Further addressing the sufficiency of the international exposure embedded in US companies. One can use the significant underperformance of international as very strong evidence that such international exposure is not sufficient. The implication is that direct investment in foreign ...
by swaption
Mon Apr 04, 2016 7:48 am
Forum: Investing - Help with Personal Investments
Topic: is foreign investing really worth it
Replies: 90
Views: 5741

Re: is foreign investing really worth it

[ Current performance of foreign investing is challenging the patience of the investor. As I get closer to retirement age, I am losing patience. The current geopolitical and economic conditions in Europe do not look promising for my time horizon. You have to understand that "the current geopol...
by swaption
Mon Apr 04, 2016 5:52 am
Forum: Investing - Help with Personal Investments
Topic: is foreign investing really worth it
Replies: 90
Views: 5741

Re: Fundamental guidance?

To some extent he (Mr. Bogle) might be the last person I would turn to in terms of some form of fundamentally based guidance.[/u] swaption: If not Mr. Bogle, who do you turn to for " fundamentally based guidance ?" Wm Bernstein, author of many financial books, wrote this: "When I dis...
by swaption
Sun Apr 03, 2016 2:47 pm
Forum: Investing - Help with Personal Investments
Topic: is foreign investing really worth it
Replies: 90
Views: 5741

Re: is foreign investing really worth it

If not due to yesterday's performance, then what exactly is the rationale for questioning your approach? Based on Bogle? To some extent he might be the last person I would turn to in terms of some form of fundamentally based guidance. It's no secret that's not really his thing. It's also no secret t...
by swaption
Sun Apr 03, 2016 2:12 pm
Forum: Personal Consumer Issues
Topic: Antelope Canyon/Cathedral Canyon
Replies: 13
Views: 826

Re: Antelope Canyon/Cathedral Canyon

I did the Navajo tour that started at a downtown convenience store. We went out on a truck with chief Tustie (sp???). It was a short ride out of Page. It was awesome seeing the slot canyon. It was all easy walking, so it must not be the one with the stairs. Got some great pics. Just did this exact ...
by swaption
Thu Mar 31, 2016 4:56 pm
Forum: Personal Consumer Issues
Topic: Where would you pick for five days - Yellowstone, Seattle area, or Canadian Rockies?
Replies: 13
Views: 1036

Re: Where would you pick for five days - Yellowstone, Seattle area, or Canadian Rockies?

Could this really be a Boglehead thread without someone pointing out the current cost advantages of the CAD exchange rate? :D
by swaption
Thu Mar 31, 2016 11:59 am
Forum: Personal Consumer Issues
Topic: Bro Trip suggestions?
Replies: 58
Views: 3984

Re: Bro Trip suggestions?

Fly into San Fran (as others have suggested), hang in Big Sur and golf Pebble Beach. This is actually relatively straight forward, aside from the obvious big ticket item of Pebble Beach.
by swaption
Tue Mar 29, 2016 6:41 pm
Forum: Personal Consumer Issues
Topic: Bro Trip suggestions?
Replies: 58
Views: 3984

Re: Bro Trip suggestions?

Fly to Portland, find some adventure on Oregon coast, and golf Bandon Dunes.
by swaption
Tue Mar 29, 2016 9:48 am
Forum: Investing - Theory, News & General
Topic: How have your homes as investments done?
Replies: 154
Views: 11255

Re: How have your homes as investments done?

In my view this is the forest in a topic where one can easily get lost among the trees. The fact of the matter is, just like any investment, the decisions around your personal residence can have a very significant impact on your long-term wealth, and as such merits as much consideration as any othe...
by swaption
Tue Mar 29, 2016 9:12 am
Forum: Investing - Theory, News & General
Topic: How have your homes as investments done?
Replies: 154
Views: 11255

Re: How have your homes as investments done?

Once again a long thread on this topic. When considering whether an allocation of capital to something (in this case a personal residence) is an investment, I think an alternative approach is to consider the long term impact. At the risk of pointing out the obvious, we readily accept that investment...
by swaption
Mon Mar 28, 2016 6:13 pm
Forum: Investing - Theory, News & General
Topic: It's all about saving, not investing really.
Replies: 84
Views: 8025

Re: It's all about saving, not investing really.

hoops777 wrote:Swaption....your Jordan-Pippen analogy holds no water.Everyone knows they won because of the genius of Phil Jackson :D


Unfortunately, I now see this from the perspective of a life long Knicks fan :oops:
by swaption
Mon Mar 28, 2016 5:32 pm
Forum: Investing - Theory, News & General
Topic: It's all about saving, not investing really.
Replies: 84
Views: 8025

Re: It's all about saving, not investing really.

I will use the same analogy for the second time today.

I think of the Chicago Bulls championship teams. The importance of income and saving is essentially equivalent to Jordan and Pippen. Investing is like the coach, just don't mess it up!
by swaption
Fri Mar 18, 2016 12:39 pm
Forum: Personal Finance (Not Investing)
Topic: must do/sees in Beijing and HangZhou
Replies: 13
Views: 751

Re: must do/sees in Beijing and HangZhou

I had a day in the fall a couple of years ago. Paid for a guide to take us very early morning to Mutianyu part of Great Wall, was back in Beijing for lunch and to see some other things. To say the Great Wall is touristy is kind of silly. Well yeah, it's within easy driving distance of a city of 30 m...
by swaption
Thu Mar 17, 2016 10:05 am
Forum: Investing - Theory, News & General
Topic: Bogle - "Since 1990, US stocks grew 10%, Intl grew 6%"
Replies: 56
Views: 6319

Re: Bogle - "Since 1990, US stocks grew 10%, Intl grew 6%"

Just a quick quip here - 1990 seems like a convenient start for this statement, given that international stocks were awesome in the 80s. Mr. Bogle is not removed from confirmation bias from time to time. We are all human...even the great's :D Expanding on this further, consider for a moment what po...
by swaption
Wed Mar 16, 2016 10:29 am
Forum: Personal Finance (Not Investing)
Topic: Anyone familiar with Starwood Preferred Amex
Replies: 21
Views: 1729

Re: Anyone familiar with Starwood Preferred Amex

Couple of other benefits specific to this card and they are not trivial: - Free Boingo Wi-Fi access. Most people are familiar with this in airports, but I believe this may extend globally to places like trains, etc. - Free Shoprunner access. Provides free 2-day shipping from a long list of retailers...
by swaption
Tue Mar 15, 2016 6:38 pm
Forum: Personal Finance (Not Investing)
Topic: Anyone familiar with Starwood Preferred Amex
Replies: 21
Views: 1729

Re: Anyone familiar with Starwood Preferred Amex

Echo all the positive feedback. This is my #1 card, heist value of any card out there if you use it for hotel stays. The list of vacations I have taken is extensive.
by swaption
Thu Jan 28, 2016 10:30 am
Forum: Investing - Help with Personal Investments
Topic: Zero Coupon Bond Value Question
Replies: 41
Views: 2103

Re: Zero Coupon Bond Value Question

It looks like this bond is insured by one of the top rated insurance companies, who will do two things to your benefit: 1) work very hard to require the school district to pay the bond, and 2) pay the bond themselves if the district doesn't. So, in order to not get paid, both the school district an...
by swaption
Tue Jan 26, 2016 7:27 pm
Forum: Personal Finance (Not Investing)
Topic: Properly Assessing Public Schools
Replies: 55
Views: 3509

Re: Properly Assessing Public Schools

Celia may not have characterized things accurately, but with the accurate characterization the same commentary would apply. How can a ranking based solely on AP participation and scores be anything but flawed? Facts are facts. You can't start from a flawed premise and then claim it doesn't matter t...
by swaption
Tue Jan 26, 2016 3:06 pm
Forum: Personal Finance (Not Investing)
Topic: Properly Assessing Public Schools
Replies: 55
Views: 3509

Re: Properly Assessing Public Schools

Seriously, dead wrong? Still a completely bogus metric. It's an equation that US News has had much success with, identifying very simplistic measures that are easily available and then broadly distributing meaningless rankings. It's also something that schools can easily manage to if inordinately f...
by swaption
Tue Jan 26, 2016 1:19 pm
Forum: Personal Finance (Not Investing)
Topic: Properly Assessing Public Schools
Replies: 55
Views: 3509

Re: Properly Assessing Public Schools

This is reasonably good; http://www.usnews.com/education/best-high-schools I disagree. The US News "Best High Schools" rankings are based solely on the number of students taking an AP test each year compared to the number of students who graduate . I know of school districts around us who...
by swaption
Sat Jan 23, 2016 8:15 am
Forum: Personal Consumer Issues
Topic: The Big Short
Replies: 153
Views: 17625

Re: The Big Short

Recently saw “The Big Short”. Really enjoyed it and will watch it again to pick up nuances I missed. A memorable scene: Fund manager when conversing with S&P Credit Rating Agency representative, learned that high ratings were rubber stamped so banks (customers) wouldn’t go to competitors. The f...
by swaption
Fri Jan 22, 2016 7:54 pm
Forum: Personal Consumer Issues
Topic: The Big Short
Replies: 153
Views: 17625

Re: The Big Short

"Inside Job", 2011 Oscar winner for best documentary, is a must see film for anyone interested in the financial crises. IMO far better than The Big Short, both in terms of education and entertainment. http://www.sonyclassics.com/insidejob/ Inside Job was unwatchable to me. Basically not u...
by swaption
Fri Jan 22, 2016 6:46 pm
Forum: Investing - Help with Personal Investments
Topic: Going from 50/50 US/Int to All US
Replies: 80
Views: 5995

Re: Going from 50/50 US/Int to All US

FWIW, I'm of similar age to OP and am 100% invested in Total World Stock Index. It's about 50/50 domestic/international and I couldn't sleep any easier. Why? You think there will suddenly be economic growth in Europe, or Japan, or Brazil? Which countries would drive the increases you expect in non-...
by swaption
Fri Jan 22, 2016 8:23 am
Forum: Investing - Help with Personal Investments
Topic: Going from 50/50 US/Int to All US
Replies: 80
Views: 5995

Re: Going from 50/50 US/Int to All US

Think about all those investors in the late 90's who every year lagged behind others because they did not tilt toward growth, or even worse maybe they tilted toward value. Would have been easy to find lots of compelling reasons to FINALLY give in and adjust the allocation. The irony is that the one...
by swaption
Fri Jan 22, 2016 6:49 am
Forum: Investing - Help with Personal Investments
Topic: Going from 50/50 US/Int to All US
Replies: 80
Views: 5995

Re: Going from 50/50 US/Int to All US

Guys...these are exactly the kind of responses I needed to hear. Thanks for telling me what I know deep down... but forgot because of the recent underperformance . I'll just stay the course and stay at 50/50...and I really like the idea of moving only 5% per year towards more US if I feel like I ne...
by swaption
Thu Jan 21, 2016 2:54 pm
Forum: Investing - Theory, News & General
Topic: Why are REITs not providing any benefit in this market?
Replies: 45
Views: 5329

Re: Why are REITs not providing any benefit in this market?

Trying to see the diversification benefit in the current (or any) market is like looking at ocean waves and trying to figure whether the tide is rising or falling. Just stop staring at the waves!
by swaption
Thu Jan 21, 2016 1:15 pm
Forum: Investing - Help with Personal Investments
Topic: Going from 50/50 US/Int to All US
Replies: 80
Views: 5995

Re: Going from 50/50 US/Int to All US

Think about all those investors in the late 90's who every year lagged behind others because they did not tilt toward growth, or even worse maybe they tilted toward value. Would have been easy to find lots of compelling reasons to FINALLY give in and adjust the allocation. The irony is that the ones...
by swaption
Fri Dec 11, 2015 3:29 pm
Forum: Investing - Theory, News & General
Topic: [Third Avenue liquidates its high-yield bond fund]
Replies: 130
Views: 9504

Re: Mutual fund stops redemptions - now in liquidation

Vanguard and other fund families have lines of credit to handle redemption demands. Either Third Avenue doesn't have such a line or doesn't want to use it for whatever reason. Think about this for a moment. What this would mean would be paying out redemptions based on NAV without actually selling p...
by swaption
Wed Nov 25, 2015 2:49 pm
Forum: Personal Finance (Not Investing)
Topic: Comparative negligence (car accident)
Replies: 35
Views: 3754

Re: Comparitive negligence (car accident)

Kind of frustrating. Earlier this year my neighbor's harvard enrolled son treated our downhill street like a bobsled run during a snow storm and I was on the uphill receiving end. Their insurance company was trying for 50% fault. Ultimately spoke to the boy's father (my neighbor) and concluded he ba...
by swaption
Tue Nov 24, 2015 5:35 pm
Forum: Personal Finance (Not Investing)
Topic: High Earner Careers?
Replies: 254
Views: 29858

Re: High Earner Careers?

I supplied the bold above. Simply put, my guess is that I am essentially one of the dads you describe above. My take on this and the perspective of the poster to whom you were replying, is that much of this is no more than rationalization of our own life choices. Why bother? At the end of the day, ...
by swaption
Tue Nov 24, 2015 3:10 pm
Forum: Personal Finance (Not Investing)
Topic: Push child to avoid expensive college?
Replies: 207
Views: 15519

Re: Push child to avoid expensive college?

Couldn't help but feel compelled to search for an update on the infamous Princeton Mom: http://www.cnn.com/2014/03/13/living/princeton-mom-book-marry-smart-matrimony/ Apparently out with a book Marry Smart. I honestly thought this was hilarious at the time. Apparetnly divorced and she actually seems...
by swaption
Mon Nov 23, 2015 2:54 pm
Forum: Personal Finance (Not Investing)
Topic: High Earner Careers?
Replies: 254
Views: 29858

Re: High Earner Careers?

Good point Mike. Maybe it's not a completely accurate statement but sometimes it seems like there are two types of people in America today. Those who value their family more than their careers and those who value their careers more than the families. It may sound odd, this being a site primarily cr...
by swaption
Sat Nov 21, 2015 12:41 pm
Forum: Investing - Theory, News & General
Topic: How do you explain investing to friends?
Replies: 30
Views: 2716

Re: How do you explain investing to friends?

I usually don't. But one of the most gratifying things transpired when my next door neighbor and I got away to go skiing for a couple of days after some big snow fall. Involved a 3.5 hour drive each way. At some point, he asked me about money management. Obviously a nice relaxed opportunity to share...
by swaption
Fri Nov 20, 2015 7:23 pm
Forum: Investing - Theory, News & General
Topic: Most important financial metric/calculation?
Replies: 39
Views: 3886

Re: Most important financial metric/calculation?

Yeah, I would go with net worth. It pretty much captures the result of everything else. You pay down debt (including mortgage) your net worth goes up. You save a lot, goes to net worth. Investments do well, net worth again. House appreciates, same story. You do all the above, and it just grows over ...
by swaption
Fri Nov 20, 2015 6:30 pm
Forum: Personal Consumer Issues
Topic: NYC in early December
Replies: 29
Views: 3332

Re: NYC in early December

I'm sure many can come up with countless reasons to not go to Peter Lugers. But is is an institution and it is awesome. When there, take a look at the bank building across the street, and consider the fact that the restaurant has been there since pre-1900 when that location was primarily a port (no ...
by swaption
Fri Nov 06, 2015 2:44 pm
Forum: Investing - Theory, News & General
Topic: New Housing Bubble and upcoming cycle peak
Replies: 86
Views: 11656

Re: New Housing Bubble and upcoming cycle peak

note to readers this is a restarted thread from 2014 To your point VT, I was reading along quite nicely, and then suddenly I was reading my own comment! Dang those old restarted threads. But CI has done us the favor of recycling the very same mistake, The referenced graph only refers to new houses ...
by swaption
Tue Oct 06, 2015 2:12 pm
Forum: Personal Consumer Issues
Topic: Mattress Run: Was it stupid?
Replies: 63
Views: 8499

Re: Manufactured spending: Was it stupid?

Hi Victoria, I used to have a Chase Marriott Visa card, but canceled it a couple of years ago. In my experience, hotel credit cards and accumulating hotel points is not nearly as lucrative as cash back cards or even airline points. Anecdotally, it appears to me that the major hotel chains have thei...

Go to advanced search