Search found 174 matches

by jadd806
Fri Apr 20, 2018 9:02 am
Forum: Personal Finance (Not Investing)
Topic: Good Dad, Bad Dad [pay for son's driving expenses (or not)]
Replies: 48
Views: 3043

Re: Good Dad, Bad Dad

Somebody said that he shouldn't work in college but should focus on his studies. I'm sort of torn on that. He's not going to have to take a heavy load, and he's going to a pretty average sort of university. I'm guessing his IQ will be in the upper 20% on campus. I think he can handle the academics ...
by jadd806
Tue Apr 17, 2018 1:12 pm
Forum: Personal Finance (Not Investing)
Topic: Too much rent?
Replies: 21
Views: 1763

Re: Too much rent?

Any reason you're looking for a house rather than a 1 or 2 bedroom apartment? Looking at the numbers, you'd be spending roughly 20% of your gross income on housing. I think that is a bit high, although not unreasonable if you feel that would allow you to meet your other financial goals. When we were...
by jadd806
Sun Apr 15, 2018 11:46 am
Forum: Investing - Theory, News & General
Topic: What is your AA, given your age? and, Why?
Replies: 163
Views: 11287

Re: What is your AA, given your age? and, Why?

100% stocks at age 24. My monthly contributions to various accounts total about 5% of my portfolio currently. Therefore my contributions serve as an effective volatility damper, so I believe bonds would be redundant at this stage. Once the scale starts to tip towards market volatility outweighing my...
by jadd806
Fri Apr 13, 2018 12:15 pm
Forum: Personal Consumer Issues
Topic: How Far is too Far, Commuting?
Replies: 205
Views: 10608

Re: Work Commute: How far is too far?

I commute over 80 miles each way . It takes me 1.25 hours in the morning, and 1.25-1.75 hours in the afternoon depending on traffic. I've been doing this for nearly 3 years. Honestly, it sucks. Spending 3 hours of your life in the car every day is mentally draining. Even though my job is mostly stre...
by jadd806
Fri Apr 13, 2018 7:14 am
Forum: Investing - Help with Personal Investments
Topic: Why am I even holding BND? It has only been losing me money.
Replies: 61
Views: 7545

Re: Why am I even holding BND? It has only been losing me money.

BND has a duration of approximately 6 years; if your time horizon is longer than 6 years, there's no reason to be concerned. I read that frequently up and may not understand why. I am guessing a good majority of us here are in the accumulation phase and contributing regular to our retirement accoun...
by jadd806
Mon Apr 09, 2018 8:12 am
Forum: Local Chapters and Bogleheads Community
Topic: Too much Bogleheads.org?
Replies: 66
Views: 7997

Re: Too much Bogleheads.org?

Yes, it has definitely subsided for me. I started reading Mr. Money Mustache and Bogleheads when I was in college. But I had no money to invest at the time, so I was casually reading and storing the info away for later. When I graduated and got a "real job" in 2015 and actually had money to invest, ...
by jadd806
Tue Apr 03, 2018 11:55 am
Forum: Investing - Help with Personal Investments
Topic: Any seasoned advisors to discuss best sectors/mutual funds for market out-performance?
Replies: 93
Views: 4426

Re: Any seasoned advisors to discuss best sectors/mutual funds for market out-performance?

livesoft wrote:
Tue Apr 03, 2018 11:46 am
I'll say one sector not to invest in until further notice is the REIT index such as VNQ / VGSIX.
Can you elaborate on this, livesoft? Is it because you think real estate is looking bubbly again or something else? Always appreciate your insights.
by jadd806
Thu Mar 29, 2018 10:04 am
Forum: Local Chapters and Bogleheads Community
Topic: A lot of heavy hitters this morning
Replies: 244
Views: 17064

Re: A lot of heavy hitters this morning

Not to sound preachy, but maybe focus less on what you don’t have or how it’s impossible for you to save these numbers and attack someone trying to help, and dust off your dream or idea instead and get to working it. The amount of people I come across that have made it just worked hard and pursued ...
by jadd806
Thu Mar 29, 2018 9:58 am
Forum: Local Chapters and Bogleheads Community
Topic: A lot of heavy hitters this morning
Replies: 244
Views: 17064

Re: A lot of heavy hitters this morning

@ davidsorensen32 -- This post of yours did come across as very disconnected. The fraction of couples (or households) earning 200K+ is fairly small. I would venture that it is likely to be less than 5% in the US. Less than 7% to be exact. I think there is a significant danger of us losing sight of ...
by jadd806
Thu Mar 29, 2018 8:51 am
Forum: Local Chapters and Bogleheads Community
Topic: A lot of heavy hitters this morning
Replies: 244
Views: 17064

Re: A lot of heavy hitters this morning

Not to sound preachy, but maybe focus less on what you don’t have or how it’s impossible for you to save these numbers and attack someone trying to help, and dust off your dream or idea instead and get to working it. The amount of people I come across that have made it just worked hard and pursued ...
by jadd806
Sun Mar 25, 2018 5:45 pm
Forum: Personal Finance (Not Investing)
Topic: Anxious about age, career, and housing costs
Replies: 60
Views: 5272

Re: Anxious about age, career, and housing costs

To all the “house is a bad investment” people, the best investment I ever made was buying a house in Seattle in 2013. Four years of mortgage payments that were less than the rent on comparable places, then a $300k profit when we moved out of town. I wish all of my investments worked out so well. Ho...
by jadd806
Wed Mar 21, 2018 10:12 am
Forum: Personal Consumer Issues
Topic: We made the right decision to not purchase a home now, right?
Replies: 47
Views: 3969

Re: We made the right decision to not purchase a home now, right?

OP, I have a different opinion. From your quote, it seems that the house and location is excellent with high probability to accelerate over time. If your income is stable and likely to increase I would suggest to buy the house - you dont have a kid yet and it will be difficult to get the house at s...
by jadd806
Wed Mar 21, 2018 5:50 am
Forum: Personal Consumer Issues
Topic: We made the right decision to not purchase a home now, right?
Replies: 47
Views: 3969

Re: We made the right decision to not purchase a home now, right?

OP, I have a different opinion. From your quote, it seems that the house and location is excellent with high probability to accelerate over time. If your income is stable and likely to increase I would suggest to buy the house - you dont have a kid yet and it will be difficult to get the house at s...
by jadd806
Thu Mar 01, 2018 9:39 am
Forum: Personal Consumer Issues
Topic: What kind of desktop computer should I buy?
Replies: 49
Views: 4123

Re: What kind of desktop computer should I buy?

I would only buy an i7 processor. They are cheap after being around for over a decade now. Ignoring the fact that the OP was looking in the $350 price range and an i7 would use most or all of that budget for just the CPU, an i7 is completely unnecessary for 99% of end users. i7 is a brand, not a sp...
by jadd806
Thu Mar 01, 2018 8:56 am
Forum: Personal Consumer Issues
Topic: What kind of desktop computer should I buy?
Replies: 49
Views: 4123

Re: What kind of desktop computer should I buy?

Get a Puget Custom Computer machine (PCC; just google them). I have a Serenity model. It's called Serenity because it's designed to run quietly and cool. It does. Get it with 1 or 2 solid state drives (no spinners). The only moving part is the case fan. Call them and they will help you build it to ...
by jadd806
Tue Feb 27, 2018 4:30 pm
Forum: Personal Consumer Issues
Topic: How Far is too Far, Commuting?
Replies: 205
Views: 10608

Re: How Far is to Far, Commuting?

Deleted for privacy.
by jadd806
Thu Feb 22, 2018 8:58 am
Forum: Personal Finance (Not Investing)
Topic: Do you rent even if you can afford to buy?
Replies: 82
Views: 8971

Re: Do you rent even if you can afford to buy?

I also tell my kids not to buy heavy 'heirloom' furniture for the same reasons. Buy something cheap that you can sell on craigslist so you don't have to move a bunch of stuff. I wish I knew this before my girlfriend and I got our first apartment together. Her parents gave us some old solid wood fur...
by jadd806
Wed Feb 14, 2018 2:14 pm
Forum: Investing - Theory, News & General
Topic: A Case for Higher Int'l Allocation? Larry Swedroe article on home bias
Replies: 113
Views: 7945

Re: A Case for Higher Int'l Allocation? Larry Swedroe article on home bias

One does not need to "make a case" for a 50% international allocation. You can't get more passive than just taking the entire world of investable equities at market cap weight. Those who choose to make an active bet and significantly overweight the US in their portfolio are the ones who need to mak...
by jadd806
Wed Feb 14, 2018 1:48 pm
Forum: Investing - Theory, News & General
Topic: A Case for Higher Int'l Allocation? Larry Swedroe article on home bias
Replies: 113
Views: 7945

Re: A Case for Higher Int'l Allocation? Larry Swedroe article on home bias

One does not need to "make a case" for a 50% international allocation. You can't get more passive than just taking the entire world of investable equities at market cap weight. Those who choose to make an active bet and significantly overweight the US in their portfolio are the ones who need to mak...
by jadd806
Wed Feb 14, 2018 12:53 pm
Forum: Investing - Theory, News & General
Topic: A Case for Higher Int'l Allocation? Larry Swedroe article on home bias
Replies: 113
Views: 7945

Re: A Case for Higher Int'l Allocation? Larry Swedroe article on home bias

One does not need to "make a case" for a 50% international allocation. You can't get more passive than just taking the entire world of investable equities at market cap weight. Those who choose to make an active bet and significantly overweight the US in their portfolio are the ones who need to make...
by jadd806
Wed Feb 14, 2018 8:15 am
Forum: Investing - Theory, News & General
Topic: Random conversations regarding money
Replies: 44
Views: 4761

Re: Random conversations regarding money

No, he absolutely believes that $12k becomes $500k, because he got into California real estate and did very well, where leveraging $30k to buy a $300k house quickly makes you $500k when the $300k house is worth $800k three years later, and where rental income is very high. I'll go ahead and give Wa...
by jadd806
Mon Feb 12, 2018 9:44 am
Forum: Personal Consumer Issues
Topic: L.L. Bean, Citing Abuse, Tightens Its Generous Policy on Returns
Replies: 41
Views: 4616

Re: L.L. Bean, Citing Abuse, Tightens Its Generous Policy on Returns

To be fair, L.L. Bean somewhat encouraged this practice by proudly displaying in their Maine store an old pair of boots that they had resoled a ridiculous number of times. No they didn't. Resoling is a service that they charge $40 for, not a part of their lifetime guarantee since soles are consumab...
by jadd806
Fri Feb 09, 2018 1:55 pm
Forum: Investing - Help with Personal Investments
Topic: Reasons to underweight foreign stocks?
Replies: 42
Views: 2212

Re: Reasons to underweight foreign stocks?

I don't mean to beat a dead horse, but what are good and rational reasons to underweight foreign stocks in a portfolio from global market cap weighting (for U.S. investors)? None of the reasons I have seen for avoiding international investing hold up to a simple logic test. IMO, the most common rea...
by jadd806
Fri Feb 09, 2018 12:26 pm
Forum: Investing - Help with Personal Investments
Topic: Reasons to underweight foreign stocks?
Replies: 42
Views: 2212

Re: Reasons to underweight foreign stocks?

I don't mean to beat a dead horse, but what are good and rational reasons to underweight foreign stocks in a portfolio from global market cap weighting (for U.S. investors)? None of the reasons I have seen for avoiding international investing hold up to a simple logic test. IMO, the most common rea...
by jadd806
Fri Feb 09, 2018 12:14 pm
Forum: Investing - Help with Personal Investments
Topic: Reasons to underweight foreign stocks?
Replies: 42
Views: 2212

Re: Reasons to underweight foreign stocks?

The best reason that I have seen is simply that it is not necessary to hold foreign stocks, for various reasons. Your investing results may be similar either way. Another reason that it is not necessary is that many large U.S. companies are essentially multinational. Many international companies de...
by jadd806
Thu Feb 08, 2018 2:25 pm
Forum: Investing - Theory, News & General
Topic: Best Funds for Roth IRA
Replies: 4
Views: 677

Re: Best Funds for Roth IRA

Hello Bogleheads, I have a question with regards to roth-IRA fund suggestions. I know in a taxable account, one has to be very cautious with the funds that they choose in order to minimize taxes. Therefore it is a good idea to pick funds with a low turnover, tax efficient, low dividend paying, low ...
by jadd806
Wed Feb 07, 2018 10:47 am
Forum: Investing - Theory, News & General
Topic: Stealing from the kids for our retirement [High valuations => depressed future returns expectations]
Replies: 54
Views: 5509

Re: Stealing from the kids for our retirement

KlangFool wrote:
Tue Feb 06, 2018 10:29 pm
OP,

The younger generation does not earn enough to save money. Much less buying stock.

KlangFool
Kind of a silly generalization, don't you think?

I'm 24 and saving over 50%.

Most millenials earn enough to save. They just choose not to.
by jadd806
Tue Feb 06, 2018 10:55 am
Forum: Investing - Theory, News & General
Topic: Where Are The 100% Equity Bulls? BND up .44%
Replies: 47
Views: 4826

Re: Where Are The 100% Equity Bulls? BND up .44%

MrPotatoHead wrote:
Mon Feb 05, 2018 11:28 pm
Is there some sort of point to this thread other than a sophomoric attempt to ridicule people who do not follow your investment methodology? If there is, I clearly missed the substance of it.
They're upset that they can't sit at the cool kids' table.
by jadd806
Tue Feb 06, 2018 10:36 am
Forum: Investing - Theory, News & General
Topic: Where Are The 100% Equity Bulls? BND up .44%
Replies: 47
Views: 4826

Re: Where Are The 100% Equity Bulls? BND up .44%

Wishing you had at least 20% bonds to rebalance tomorrow? BND was up .44% today :mrgreen: If I did, then I would've only gotten a little over 80% of the returns last year that I actually did. So no thanks. :wink: Does it serve someone to go like 80/20 to rebalance during corrections, or are you bet...
by jadd806
Wed Jan 31, 2018 12:36 pm
Forum: Investing - Help with Personal Investments
Topic: Buying on BD's and RBD's
Replies: 9
Views: 505

Re: Buying on BD's and RBD's

I buy biweekly with my 401k paycheck contribution, yearly for my IRA, and whenever I feel that I have too much cash in my bank account for taxable. By random luck, some of my purchases occur on "really bad days." I don't worry about it beyond that, since I'm not a market timer. "Raiding the piggy ba...
by jadd806
Wed Jan 31, 2018 7:32 am
Forum: Personal Finance (Not Investing)
Topic: Should I join Linkedin?
Replies: 48
Views: 3688

Re: Should I join Linkedin?

I consider LinkedIn to be rubbish that encourages nepotism.
by jadd806
Tue Jan 30, 2018 8:29 am
Forum: Personal Finance (Not Investing)
Topic: The housing nowadays
Replies: 64
Views: 6098

Re: The housing nowadays

The housing euphoria is in full force among my mid-20's to mid-30's peer group. Most everyone I know is obsessed with buying a house. The justifications range from fear of getting priced out of the market to the "it's an investment" fallacy. A trick many of them are using to buy houses that they can...
by jadd806
Mon Jan 29, 2018 8:22 am
Forum: Personal Consumer Issues
Topic: What frugal thing did you do today?
Replies: 483
Views: 40766

Re: What frugal thing did you do today?

Why would anyone want to 'look poor' in public? :confused Why would anyone care what random strangers in public think about them? I always look poor when I go shopping. How do you "look poor" these days without actually being dirty like a homeless person with no place to shower and wash clothes? Do...
by jadd806
Sat Jan 27, 2018 10:43 am
Forum: Investing - Theory, News & General
Topic: Starting to feel like the late 1990s?
Replies: 145
Views: 12948

Re: Starting to feel like the late 1990s?

I was 6 in 1999, so I'm not sure that I'm qualified to comment on this one. :P I have worried on occasion about how tech-heavy the US market is. I cringe at Apple, Amazon, Facebook, and Microsoft comprising over 10% of the S&P 500. But there's nothing actionable here. Many sectors have gone through ...
by jadd806
Fri Jan 26, 2018 8:45 pm
Forum: Investing - Help with Personal Investments
Topic: Asset Allocation: keep it simple
Replies: 6
Views: 904

Re: Asset Allocation: keep it simple

Time to make a rebalancing spreadsheet. You don't want bonds in your taxable account anyway, if you can help it. See the relevant wiki page: https://www.bogleheads.org/wiki/Tax-efficient_fund_placement So you can do something like [SUM(balance_RothIRA + balance_401k + balance_taxable) * .20] to get ...
by jadd806
Fri Jan 26, 2018 11:17 am
Forum: Investing - Help with Personal Investments
Topic: Buying a home - Financial Benefits? HCOL
Replies: 75
Views: 3651

Re: Buying a home - Financial Benefits? HCOL

Am I missing something? I hate to sound so cynical, but the “American Dream” “A house is an investment” feels like a myth / scam - at least in HCOL areas (10-12 K taxes annually for lots that aren’t big + 500+ K homes) I don't think you're missing much - home ownership also feels like a "scam" to m...
by jadd806
Fri Jan 26, 2018 9:19 am
Forum: Investing - Help with Personal Investments
Topic: Did I just commit market timing with "dry powder"?
Replies: 46
Views: 4133

Re: Did I just commit market timing with "dry powder"?

If 100% stocks had the best returns, everyone would do 100% stocks. Yes 100% stocks can have the most gains during good markets, but they have the biggest drops when there is a crash. A 100% stock portfolio that has a 50% drop in value, must have a gain of 100% to get back to where it started. A 50...
by jadd806
Thu Jan 25, 2018 9:17 am
Forum: Investing - Help with Personal Investments
Topic: Did I just commit market timing with "dry powder"?
Replies: 46
Views: 4133

Re: Did I just commit market timing with "dry powder"?

The very concept of having "dry powder" is market timing. Proponents of dry powder either: 1. Think that they can manually deploy their dry powder during a market dip in such a way that they can increase returns. In reality, the most likely historical outcome was that the investor underperformed the...
by jadd806
Wed Jan 24, 2018 10:35 am
Forum: Personal Consumer Issues
Topic: Still using a 5 year old iphone 5. Who's with me? No new phones!!!
Replies: 151
Views: 8926

Re: Still using a 5 year old iphone 5. Who's with me? No new phones!!!

My Galaxy S5 was struggling to run Clash of Clans so I had to upgrade to the latest and greatest a few weeks ago. :mrgreen:
by jadd806
Wed Jan 24, 2018 9:13 am
Forum: Forum Issues and Administration
Topic: Doesn't seem like people respond to portfolio assessments like they did a few years ago.
Replies: 105
Views: 9752

Re: Doesn't seem like people respond to portfolio assessments like they did a few years ago.

I don't mind the newbie questions. Even those who clearly haven't read the wiki.

In my opinion the humblebrag posts are far more offputting. "I'm doing fine and I know that I'm doing fine, but take a look at my mid-6 figure income and 7 figure portfolio and tell me that I'm doing fine."
by jadd806
Wed Jan 24, 2018 9:05 am
Forum: Investing - Theory, News & General
Topic: Warren Buffett recommends putting 90% in S&P500 index fund, 10% in Bond index
Replies: 80
Views: 15760

Re: Warren Buffett recommends putting 90% in S&P500 index fund, 10% in Bond index

The S&P has plenty of international exposure and is as cheap as they come for fees. I don't get this argument. International companies have plenty of US exposure. If revenue from US sources made up 50% of the revenue of an international index, would you say that you don't need to hold US stocks? I ...
by jadd806
Wed Jan 24, 2018 8:41 am
Forum: Investing - Theory, News & General
Topic: Bogle: there is nothing special about value, so why bet on it?
Replies: 26
Views: 2560

Re: Bogle: there is nothing special about value, so why bet on it?

Call_Me_Op wrote:
Wed Jan 24, 2018 6:45 am
How does Mr, Bogle explain that fact that from 1972-present (during the period he claims things have been all over the place) the CAGR or small value stocks is a full 4.5% higher than for small growth stocks?
Isn't this easily explained by simply recognizing "value" as a proxy for increased risk?
by jadd806
Wed Jan 24, 2018 8:31 am
Forum: Personal Consumer Issues
Topic: Jeans without strong chemical odor
Replies: 36
Views: 1952

Re: Jeans without strong chemical odor

Great. I have some 514's on order. :annoyed Hope it won't be the first online item I'll have to return. What I've been hearing though is that if you buy direct from Levi Strauss, you're more likely to get the quality stuff. The badly-sized and poorly-made stuff gets sent off to some of the other re...
by jadd806
Wed Jan 24, 2018 8:19 am
Forum: Investing - Help with Personal Investments
Topic: Leaving Financial Engines. Want to go heavy in international..
Replies: 15
Views: 1033

Re: Leaving Financial Engines. Want to go heavy in international..

Yes, this is market timing. The telling parts are "based on current P/E ratio of US and International stocks and their respective mean" and "a good plan to set up my portfolio for the next few years." In other words, you want to make short term changes in your asset allocation based on recent perfor...
by jadd806
Tue Jan 23, 2018 8:28 am
Forum: Personal Consumer Issues
Topic: Jeans without strong chemical odor
Replies: 36
Views: 1952

Re: Jeans without strong chemical odor

Another negative vote for Levi's. The pairs I bought recently have the strong chemical smell (still get a whiff of it every now and then after a dozen washings) and the sizing is hilariously inconsistent. I picked up 3 pairs of the 514 style in the exact same size. One fits properly, one fit like a ...
by jadd806
Mon Jan 22, 2018 12:24 pm
Forum: Investing - Theory, News & General
Topic: jlcollinsnh - Stock Series
Replies: 14
Views: 2041

Re: jlcollinsnh - Stock Series

IMO he's just another blogger with no credentials speaking far outside his area of expertise. I would not attribute much value to any of his advice beyond the basic live below your means and invest with low expense ratios. Like Mr. Money Mustache, I view it as more of a lifestyle blog than an invest...
by jadd806
Fri Jan 19, 2018 11:12 am
Forum: Personal Consumer Issues
Topic: How do you adjust side mirrors in a car?
Replies: 61
Views: 3765

Re: How do you adjust side mirrors in a car?

I don't understand why many cars change lane very close to the front of my car and I have to hit the brake to slow down to maintain safe distance but they seem don't notice. I guess they change lane using only mirror. There is a notice on many mirrors "Objects in mirror are closer than they appear....
by jadd806
Thu Jan 18, 2018 8:31 am
Forum: Investing - Theory, News & General
Topic: TSP's F Fund outperforms the G Fund, so why is the G Fund favored?
Replies: 34
Views: 2455

Re: TSP's F Fund outperforms the G Fund, so why is the G Fund favored?

The G Fund is one of the only "free lunches" around. Unlike the F Fund, the G Fund has no credit risk, no duration risk, and is subject only to upward volatility. It's essentially cash with the yield of an intermediate term bond fund. Investors may hold "less" of the G Fund to achieve the same level...
by jadd806
Thu Jan 11, 2018 3:18 pm
Forum: Personal Finance (Not Investing)
Topic: 2018 Withholding Tables
Replies: 88
Views: 11830

Re: IRS announces new withholding tables for 2018

Withholding has always confused me. I'm trying to stop over-paying and ending up with a huge refund.

If I plan to claim the new $12k standard deduction, I should claim 3 withholdings for a total of $12,450 withheld annually, correct?
by jadd806
Thu Jan 11, 2018 9:52 am
Forum: Investing - Help with Personal Investments
Topic: Help me stop my addiction to stock market peeping!
Replies: 66
Views: 4744

Re: Help me stop my addiction to stock market peeping!

with what I think is the appropriate AA. I do not want to stress myself out any longer. I think these two statements are at odds with each other. If you're getting stressed out by looking at your investments - especially in an upward market - that would signal to me that your asset allocation is no...