Search found 65 matches

by dbadalam
Sat Apr 18, 2020 11:05 am
Forum: Investing - Theory, News & General
Topic: What percentage of your paycheck do you invest?
Replies: 268
Views: 16335

Re: What percentage of your paycheck do you invest?

"To answer your question, have I ever seen someone not take available income? I guess I don't know what this means. If it is like a cashier turning down their yearly cost of living increase, then No." I will share some of mine over these past 35+ years then , a few examples only from the past few m...
by dbadalam
Sat Apr 18, 2020 9:36 am
Forum: Investing - Theory, News & General
Topic: What percentage of your paycheck do you invest?
Replies: 268
Views: 16335

Re: What percentage of your paycheck do you invest?

And making a certain amount of money is a choice too. At least at some level. And some people have more kids than others or maybe sick parents they help. I don't get the moaning and the complaining. This topic is not about the fairness of life but about simple percentages. You don't have to win. No...
by dbadalam
Sat Apr 18, 2020 9:09 am
Forum: Investing - Theory, News & General
Topic: What percentage of your paycheck do you invest?
Replies: 268
Views: 16335

Re: What percentage of your paycheck do you invest?

flaccidsteele wrote:
Wed Apr 08, 2020 11:56 pm
I’m in my 40s. $5m+ NW. No debt

It’s not a fortune, but it compounds well enough
WOW! Just.........wow.

What one considers a fortune is always a matter of opinion and there is nothing wrong with that, but....wow.
by dbadalam
Sat Apr 18, 2020 9:05 am
Forum: Investing - Theory, News & General
Topic: What percentage of your paycheck do you invest?
Replies: 268
Views: 16335

Re: What percentage of your paycheck do you invest?

Some people make more than $200k and don't invest much. https://www.marketwatch.com/story/im-59-and-my-husband-and-i-earn-500000-a-year-but-have-credit-card-debt-and-nothing-saved-for-retirement-what-should-we-do-2020-02-25?mod=personal-finance It's not what you make... it's what you keep. Your abi...
by dbadalam
Fri Apr 17, 2020 8:33 pm
Forum: Investing - Theory, News & General
Topic: What percentage of your paycheck do you invest?
Replies: 268
Views: 16335

Re: What percentage of your paycheck do you invest?

It's true that "anybody" can save 10-20% of income. But here's a story about what happens next. I was in the coin-op laundromat just doing my thing, and a young woman came in with bags and baskets of laundry - clothes, rugs, curtains, comforters, you name it, if she owned it and it was made of clot...
by dbadalam
Fri Apr 17, 2020 12:38 pm
Forum: Investing - Theory, News & General
Topic: What percentage of your paycheck do you invest?
Replies: 268
Views: 16335

Re: What percentage of your paycheck do you invest?

It's true that "anybody" can save 10-20% of income. But here's a story about what happens next. I was in the coin-op laundromat just doing my thing, and a young woman came in with bags and baskets of laundry - clothes, rugs, curtains, comforters, you name it, if she owned it and it was made of clot...
by dbadalam
Thu Apr 16, 2020 6:52 am
Forum: Investing - Theory, News & General
Topic: What percentage of your paycheck do you invest?
Replies: 268
Views: 16335

Re: What percentage of your paycheck do you invest?

No, I did not imply...you inferred. Don't make this about you, the discussion is about people who don't make enough to live on and they do die early because of it. You keep changing the target. First time was "most people". Second time was bottom 20%. Now is people who don't make enough to live. Wh...
by dbadalam
Wed Apr 15, 2020 6:41 pm
Forum: Investing - Theory, News & General
Topic: What percentage of your paycheck do you invest?
Replies: 268
Views: 16335

Re: What percentage of your paycheck do you invest?

The disagreement is you believe it is their own fault and not a function of basic expenses being far greater than incomes. You don't realize a single medical expense can wipe out an entire lifetime of earnings even if you saved 100%. A single medical expense could wipe out my entire lifetime of ear...
by dbadalam
Wed Apr 15, 2020 5:57 pm
Forum: Investing - Theory, News & General
Topic: What percentage of your paycheck do you invest?
Replies: 268
Views: 16335

Re: What percentage of your paycheck do you invest?

No, I did not imply...you inferred. Don't make this about you, the discussion is about people who don't make enough to live on and they do die early because of it. You keep changing the target. First time was "most people". Second time was bottom 20%. Now is people who don't make enough to live. Wh...
by dbadalam
Wed Apr 15, 2020 6:25 am
Forum: Investing - Theory, News & General
Topic: What percentage of your paycheck do you invest?
Replies: 268
Views: 16335

Re: What percentage of your paycheck do you invest?

This is the wrong mentality. Pretty much everybody can save 10-20%, regardless of income. The idea that they "cannot save" just damages their future. OMG, this is not mentality this is reality! You must think you live in a different world than I. It is definitely not reality, just an excuse. As lon...
by dbadalam
Tue Apr 14, 2020 3:25 pm
Forum: Investing - Theory, News & General
Topic: What percentage of your paycheck do you invest?
Replies: 268
Views: 16335

Re: What percentage of your paycheck do you invest?

The “for many” you speak of are highly compensated professionals (of which I am also). For most people, bare bones basic necessities eat up their entire income. Saving money isn’t a possibility let alone saving more than half their income. This is the wrong mentality. Pretty much everybody can save...
by dbadalam
Tue Apr 14, 2020 7:06 am
Forum: Investing - Theory, News & General
Topic: What percentage of your paycheck do you invest?
Replies: 268
Views: 16335

Re: What percentage of your paycheck do you invest?

The “for many” you speak of are highly compensated professionals (of which I am also). For most people, bare bones basic necessities eat up their entire income. Saving money isn’t a possibility let alone saving more than half their income. This is the wrong mentality. Pretty much everybody can save...
by dbadalam
Fri Apr 10, 2020 3:51 pm
Forum: Investing - Theory, News & General
Topic: Explaining the Recent Performance of Stocks and Bonds
Replies: 3
Views: 285

Re: Explaining the Recent Performance of Stocks and Bonds

I know, it seemed so many were Prepared for a major recession or even depression. What we got was the shortest bear market I’ve ever seen, And we’re already smack dab into a new bull market. The bottom is way behind us .
by dbadalam
Mon Apr 06, 2020 7:12 am
Forum: Investing - Theory, News & General
Topic: Dow Futures Up Again?
Replies: 131
Views: 8180

Re: Dow Futures Up Again?

I was hoping for a further decline in anticipation of a Roth conversion. Now conflicted whether to do the conversion now or wait to see if further declines happen. Oh well. Wait until July when everything is still in lockdown then go all in. No, new projections at IHME show this ending in early may...
by dbadalam
Sun Apr 05, 2020 10:11 pm
Forum: Investing - Theory, News & General
Topic: Dow Futures Up Again?
Replies: 131
Views: 8180

Re: Dow Futures Up Again?

See the bottom is in the review mirror
by dbadalam
Sun Apr 05, 2020 8:55 pm
Forum: Investing - Theory, News & General
Topic: What percentage of your paycheck do you invest?
Replies: 268
Views: 16335

Re: What percentage of your paycheck do you invest?

This is a bit of an eye opener for many. While early retirement is not for everyone, achieving financial independence can be life changing on many levels and afford you the ability to drastically change your life based on your values. https://www.mrmoneymustache.com/2012/01/13/the-shockingly-simple...
by dbadalam
Sun Apr 05, 2020 8:46 pm
Forum: Investing - Theory, News & General
Topic: What percentage of your paycheck do you invest?
Replies: 268
Views: 16335

Re: What percentage of your paycheck do you invest?

Paycheck? Who needs paychecks in this forum... getting paid is for the poor! :sharebeer
by dbadalam
Sun Apr 05, 2020 6:43 pm
Forum: Investing - Theory, News & General
Topic: What percentage of your paycheck do you invest?
Replies: 268
Views: 16335

Re: What percentage of your paycheck do you invest?

My family puts 10% of each paycheck into our investment accounts. We are looking to increase this to 15% moving forward. How about all of you? Same as you: 10-15% of base pay. I’m all over the map with what I do with my annual bonus. I’ll bet you guy were not expecting the kind of answers your gett...
by dbadalam
Sat Apr 04, 2020 8:05 am
Forum: Investing - Theory, News & General
Topic: Anybody want to guess the bottom of this "dip"?
Replies: 573
Views: 37755

Re: Lets predict the bottom of this dip/recession

The last thread was locked due to people talking about virus too much. Lets stay on topic and guess the bottom of the dip. Imo, 2000-2100 Since we are guessing, we all need to include a date and some justification. 2237.40: March 23. I think the bottom is behind us. Projections of the virus say we ...
by dbadalam
Fri Apr 03, 2020 4:15 pm
Forum: Investing - Theory, News & General
Topic: Sitting on a bunch of cash; what to do with it if I believe we're headed for SPX 1800 and protracted recession?
Replies: 148
Views: 14493

Re: Sitting on a bunch of cash; what to do with it if I believe we're headed for SPX 1800 and protracted recession?

chrisjul wrote:
Fri Apr 03, 2020 10:18 am
I would suggest being very careful with the standard Boglehead "Stay the Course" commandment.

We are in uncharted historical territory.

"Nobody Knows Nuttin"
Stay the course was never meant for the apocalypse . Now is the time to deviate from that course .
by dbadalam
Thu Apr 02, 2020 2:12 pm
Forum: Investing - Theory, News & General
Topic: Is the coming pain really "priced in"?
Replies: 201
Views: 18955

Re: Is the coming pain really "priced in"?

The market tanked as soon as the unemployment report came out. That's proof nothing is priced in. What are you talking about the market is up What are you talking about. Do you know when the report came out? Were you watching the futures? https://www.zerohedge.com/s3/files/inline-images/2020-04-02_...
by dbadalam
Thu Apr 02, 2020 12:51 pm
Forum: Investing - Theory, News & General
Topic: Is the coming pain really "priced in"?
Replies: 201
Views: 18955

Re: Is the coming pain really "priced in"?

jpmorganfunds wrote:
Thu Apr 02, 2020 10:41 am
The market tanked as soon as the unemployment report came out. That's proof nothing is priced in.
What are you talking about the market is up
by dbadalam
Thu Apr 02, 2020 12:48 pm
Forum: Investing - Theory, News & General
Topic: Is the coming pain really "priced in"?
Replies: 201
Views: 18955

Re: Is the coming pain really "priced in"?

I read the phrase “hold the course” a lot around here. I don’t think that phrase was meant for the apocalypse . It’s OK to deviate from the course now
by dbadalam
Thu Apr 02, 2020 10:38 am
Forum: Investing - Theory, News & General
Topic: Is the coming pain really "priced in"?
Replies: 201
Views: 18955

Re: Is the coming pain really "priced in"?

The "pain" is priced in... it's the coming V recovery that's not priced in :D :mrgreen: :greedy I think those who are anticipating a V shaped recovery are being too optimistic in my opinion. It is possible, but highly unlikely. Once the virus is no longer a major health concern, we are likely to se...
by dbadalam
Wed Apr 01, 2020 12:41 pm
Forum: Investing - Theory, News & General
Topic: Is the coming pain really "priced in"?
Replies: 201
Views: 18955

Re: Is the coming pain really "priced in"?

I’m coming to realize we found bottom a week ago. It’s all priced in!
by dbadalam
Tue Mar 31, 2020 7:09 am
Forum: Investing - Theory, News & General
Topic: How do I avoid falling prey to this potential bear market rally?
Replies: 39
Views: 4271

Re: How do I avoid falling prey to this potential bear market rally?

In my opinion...not a bear market rally. Market is probably going up from here and it will go up quickly once social distancing dissipates in May.
by dbadalam
Sun Mar 29, 2020 9:43 pm
Forum: Investing - Theory, News & General
Topic: Rolling over current 401K into IRA while still working?
Replies: 12
Views: 650

Re: Rolling over current 401K into IRA while still working?

Do you have an IRA where you could exchange stocks to bonds during that time? That might let you keep the same AA. Maybe right now you could go to 75% stocks and try to balance that with bonds in IRA, assuming you have enough in your IRA. Otherwise I wouldn't sweat it. How old are you? I have a sma...
by dbadalam
Sun Mar 29, 2020 6:41 pm
Forum: Investing - Theory, News & General
Topic: Rolling over current 401K into IRA while still working?
Replies: 12
Views: 650

Re: Rolling over current 401K into IRA while still working?

Do you have an IRA where you could exchange stocks to bonds during that time? That might let you keep the same AA. Maybe right now you could go to 75% stocks and try to balance that with bonds in IRA, assuming you have enough in your IRA. Otherwise I wouldn't sweat it. How old are you? I have a sma...
by dbadalam
Sun Mar 29, 2020 11:07 am
Forum: Investing - Theory, News & General
Topic: Sitting on a bunch of cash; what to do with it if I believe we're headed for SPX 1800 and protracted recession?
Replies: 148
Views: 14493

Re: Sitting on a bunch of cash; what to do with it if I believe we're headed for SPX 1800 and protracted recession?

I think the worst is probably already behind us. I don’t see why market would see see 2200 again. If new cases of virus slow down, deaths will start to slow, things will open back up with mass rehires. Only thing we have to worry about is a massive 2nd wave in the early summer, but humidity will pro...
by dbadalam
Sun Mar 29, 2020 8:52 am
Forum: Investing - Theory, News & General
Topic: Rolling over current 401K into IRA while still working?
Replies: 12
Views: 650

Re: Rolling over current 401K into IRA while still working?

David Jay wrote:
Sun Mar 29, 2020 8:36 am
By law, the trustee of the old 401K must provide the SPD upon request.
I'll call them tomorrow, Leave a message and see if they really call me back.

thanks,
by dbadalam
Sun Mar 29, 2020 8:29 am
Forum: Investing - Theory, News & General
Topic: Rolling over current 401K into IRA while still working?
Replies: 12
Views: 650

Re: Rolling over current 401K into IRA while still working?

what is strange is the old owners also owned the facility where our 401k plan was. They still own the financial institution but not our company anymore. It's not like I can just go to HR, You always had to get in touch with the administrators at the bank. They never were easy to get in touch with. A...
by dbadalam
Sat Mar 28, 2020 2:06 pm
Forum: Investing - Theory, News & General
Topic: Rolling over current 401K into IRA while still working?
Replies: 12
Views: 650

Re: Rolling over current 401K into IRA while still working?

The reason I'm worried is it will change my asset allocation considerably, then freeze my account for 2 weeks. I keep mostly bonds in my 401k and stocks in my regular brokerage. So what will happen is they will sell my bonds and buy into the trust which is 75% stocks for my age, then the account is ...
by dbadalam
Sat Mar 28, 2020 8:21 am
Forum: Investing - Theory, News & General
Topic: Rolling over current 401K into IRA while still working?
Replies: 12
Views: 650

Rolling over current 401K into IRA while still working?

I was just reading about rolling over a current 401K into my existing traditional IRA while still working for my current employer. I didn't know this was possible! My employer sold the company. The new owners use a different institution for their 401k plan. They will transfer the funds from the prev...
by dbadalam
Sat Mar 28, 2020 7:38 am
Forum: Personal Investments
Topic: how to best replicate VTSAX from these options.
Replies: 3
Views: 402

Re: how to best replicate VTSAX from these options.

fwellimort wrote:
Sat Mar 28, 2020 7:31 am
https://www.bogleheads.org/wiki/Approxi ... ock_market

81 VIIIX 4 VMCIX 15 VSCIX

VIIIX is S&P500 with lower fees (cause company 401K plan) of only 0.02%
This is perfect, thanks so much for that link!
by dbadalam
Sat Mar 28, 2020 7:24 am
Forum: Personal Investments
Topic: how to best replicate VTSAX from these options.
Replies: 3
Views: 402

how to best replicate VTSAX from these options.

My company is changing our 401k, The new plan won't offer a total stock market index (VTSAX) or 500 index fund. I would like to replicate VTSAX as close as possible using various percentages of these. These are my options: Vanguard Small-Cap Index Fund Institutional Shares (VSCIX) Vanguard Mid-Cap I...
by dbadalam
Thu Mar 26, 2020 10:08 am
Forum: Investing - Theory, News & General
Topic: So bottom is probably behind us....right?
Replies: 709
Views: 63077

Re: So bottom is probably behind us....right?

From my perspective, the US doesn't fear the virus. People are going about their normal activities as if nothing is going on. The words "overblown" and "can't shut down the economy" and "cure can't be worse than the disease" get used a lot. Fox news stuff. I'm still shocked by the behavior of peopl...
by dbadalam
Thu Mar 26, 2020 9:15 am
Forum: Investing - Theory, News & General
Topic: So bottom is probably behind us....right?
Replies: 709
Views: 63077

Re: So bottom is probably behind us....right?

For those who think the virus is slowing, it’s not. I am sorry to say this but every major city is going to look like NYC within the next month. Hospitals will be overwhelmed and we will all know friends or family who have been impacted by this virus. This will have major health and economic implic...
by dbadalam
Thu Mar 26, 2020 6:47 am
Forum: Investing - Theory, News & General
Topic: So bottom is probably behind us....right?
Replies: 709
Views: 63077

Re: So bottom is probably behind us....right?

It seems Most people on this thread have more of a bearish outlook. I didn’t tally a poll but it’s just the feeling I get from reading the posts . So I guess it’s debatable whether that’s really the case . This weeks AAII investors sentiment survey appears to be less pessimistic than most people on ...
by dbadalam
Wed Mar 25, 2020 2:08 pm
Forum: Investing - Theory, News & General
Topic: So bottom is probably behind us....right?
Replies: 709
Views: 63077

Re: So bottom is probably behind us....right?

Most posters seem pessimistic but the market is soaring for the 2nd day in a row. Maybe the bottom already hit.
by dbadalam
Wed Mar 25, 2020 6:07 am
Forum: Investing - Theory, News & General
Topic: So bottom is probably behind us....right?
Replies: 709
Views: 63077

So bottom is probably behind us....right?

I’m learning from the FIRE club and boggle fans that nobody really knows if we hit bottom already. But everyone tries to guess and speculate. So are you thinking the bottom is probably in the review mirror? Or are you thinking we really have not priced in more bad news to come?
by dbadalam
Sun Mar 22, 2020 8:50 pm
Forum: Investing - Theory, News & General
Topic: S&P500 and Dow Futures Hit Limit Down After Reaching 5% Down Limit for Monday Open
Replies: 155
Views: 13230

Re: S&P500 and Dow Futures Halted After Reaching 5% Down Limit for Monday Open

Why does everyone talk as if we are close to the bottom already? I thought events this devastating last for months or maybe even over a year. Arn’t we just at the beginning? How can you have a recession that lasts for a couple of weeks? The job losses haven’t started yet. Businesses are just startin...
by dbadalam
Sun Mar 15, 2020 4:31 pm
Forum: Investing - Theory, News & General
Topic: Deploying your emergency fund to buy stocks? Think again.
Replies: 183
Views: 29399

Re: Deploying your emergency fund to buy stocks? Think again.

Completely agree with the title. However, what is the advice for people who may have a pile of cash this is intended for emergencies but they refuse to call it an emergency fund? Can they invest that now? Semantics but the most senior person on here just stated in another thread that he doesn’t hav...
by dbadalam
Sun Mar 15, 2020 4:19 pm
Forum: Investing - Theory, News & General
Topic: Deploying your emergency fund to buy stocks? Think again.
Replies: 183
Views: 29399

Re: Deploying your emergency fund to buy stocks? Think again.

Completely agree with the title. However, what is the advice for people who may have a pile of cash this is intended for emergencies but they refuse to call it an emergency fund? Can they invest that now? Semantics but the most senior person on here just stated in another thread that he doesn’t hav...
by dbadalam
Sun Mar 15, 2020 1:54 pm
Forum: Investing - Theory, News & General
Topic: Deploying your emergency fund to buy stocks? Think again.
Replies: 183
Views: 29399

Re: Deploying your emergency fund to buy stocks? Think again.

Completely agree with the title. However, what is the advice for people who may have a pile of cash this is intended for emergencies but they refuse to call it an emergency fund? Can they invest that now? Semantics but the most senior person on here just stated in another thread that he doesn’t hav...
by dbadalam
Thu Mar 12, 2020 6:05 am
Forum: Investing - Theory, News & General
Topic: Vtsax dividens
Replies: 1
Views: 265

Vtsax dividens

Hello, I’m trying to understand the dividend history table for vanguard VTSAX. It gives a dollar amount ($0.42890) per last quarter and calls it per shares distribution. What does that mean? I’m trying to think of it in terms of a rough percentage of the total value. I thought one could expect a rou...
by dbadalam
Sat Jan 11, 2020 9:33 am
Forum: Personal Finance (Not Investing)
Topic: living revokable trust
Replies: 7
Views: 745

living revokable trust

I'm married (No children) with the condo in my name only because I paid off the mortgage before I met my husband. If I unexpectedly died, how do I make sure the house is transferred to my husband? Is a living revocable trust the only option or does a will cover that? What would an expected price ran...
by dbadalam
Mon Nov 04, 2019 10:56 am
Forum: Personal Finance (Not Investing)
Topic: will or living revocable trust
Replies: 15
Views: 1418

Re: will or living revokable trust

thanks for the replies

Our beneficiary's are set up on accounts and we will get a couple of consultations done before we make any decisions.
by dbadalam
Mon Nov 04, 2019 7:57 am
Forum: Personal Finance (Not Investing)
Topic: will or living revocable trust
Replies: 15
Views: 1418

will or living revocable trust

I'm married, no children and we are trying to get our financial documents in order and not sure what we need. The house is in my name only, I do not have the deed (it was never sent to me when I paid off the mortgage). If I died, I need to make sure my spouse gets the house. Do we need a will or a l...
by dbadalam
Sat Mar 03, 2018 7:15 am
Forum: Personal Finance (Not Investing)
Topic: online savings
Replies: 20
Views: 1950

online savings

Hello all, I'm looking for an online savings account to hold my funds until I'm ready to open a taxable account (which may be over a year from now). I will probably open with 10K minimum and will add to it monthly via ETF from my external bank. What is important to me is: easy ETF transfers to/from ...
by dbadalam
Sat Jan 16, 2016 8:45 am
Forum: Investing - Theory, News & General
Topic: MSCI US Broad Market index question
Replies: 3
Views: 516

Re: MSCI US Broad Market index question

Pardon my ignorance, but I have a index fund that follows the S&P 500. I can look up the symbol for that index and see a big chart showing the history and it's always mentioned in the news for the days finance recap. My VTSAX follows the MSCI US Broad Market index. I can look up the difference (com...