Search found 264 matches

by jrbdmb
Thu Aug 16, 2018 10:05 am
Forum: Investing - Theory, News & General
Topic: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!
Replies: 422
Views: 22613

Re: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!

If you prefer the safety of US, that's fine, but your returns will likely be greater if you up your international allocation. The market has already priced in everything you have observed. That's why international has lower valuations than US, and why, therefore, the expected returns of internation...
by jrbdmb
Thu Aug 16, 2018 9:45 am
Forum: Investing - Theory, News & General
Topic: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!
Replies: 422
Views: 22613

Re: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!

this thread has reminded me to buy international this week buy low sell high is nice I noticed that my 401K hit it's rebalancing band today, so I just moved some $$$ out of everything else into my 401K's Vanguard international fund. Then I found this link. I guess I'm staying the course. I will say...
by jrbdmb
Fri Aug 10, 2018 4:27 pm
Forum: Personal Finance (Not Investing)
Topic: Should I tell my family/friend that they are making a financial mistake?
Replies: 87
Views: 7652

Re: Should I tell my family/friend that they are making a financial mistake?

On the other hand, my mom is convinced that many people forever lost their savings in 2008 even if they held their stocks and did not sell. She also thinks mutual funds are safer than stocks. But in general mutual funds *are* safer than stocks, aren't they? (Unless you have at least 500 large cap s...
by jrbdmb
Thu Aug 02, 2018 5:01 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Portfolio Pain Happens
Replies: 49
Views: 4669

Re: Larry Swedroe: Portfolio Pain Happens

I dunno about “belief systems”. The 3 fund portfolio makes more and more sense to me every time I see a “factor bet” go bad or drags on too long. Agreed. It seems like a growth or value tilt, esp. when justified by "it's under-performed recently, so it's bound to over-perform soon" seems like a sub...
by jrbdmb
Fri Jul 20, 2018 12:43 pm
Forum: Personal Finance (Not Investing)
Topic: Families - What's your total annual credit card spend?
Replies: 92
Views: 6871

Re: Families - What's your total annual credit card spend?

Just FYI, the US Bank Cash+ credit card recently added a 5% category for utilities, so you can make some money on this too even if there is a small fee to pay these bills with a credit card. (I pay gas / electric with this card; the water bill is usually too low to make this worthwhile). Thanks. Is...
by jrbdmb
Fri Jul 20, 2018 8:50 am
Forum: Personal Finance (Not Investing)
Topic: Families - What's your total annual credit card spend?
Replies: 92
Views: 6871

Re: Families - What's your total annual credit card spend?

When we had kids in college, we put their tuitions, expenses and student housing. When we had 2 kids in college, it was VERY high. Honestly, haven’t totaled it then or now. I’m guessing it’s now probably about $100K or so for 2 adults, very high COL area. We also write checks, which aren’t included...
by jrbdmb
Fri Jul 20, 2018 8:40 am
Forum: Personal Finance (Not Investing)
Topic: Families - What's your total annual credit card spend?
Replies: 92
Views: 6871

Re: Families - What's your total annual credit card spend?

We average around $3,500 a month so $42k a year. That excludes property taxes, insurance, and basic utilities (water, power, gas). That’s for a family of 5. Just FYI, the US Bank Cash+ credit card recently added a 5% category for utilities, so you can make some money on this too even if there is a ...
by jrbdmb
Fri Jul 13, 2018 10:28 am
Forum: Personal Consumer Issues
Topic: When does frugal cross the line to cheapskate?
Replies: 136
Views: 10017

Re: When does frugal cross the line to cheapskate?

Based on recent threads ...

If your vacations consist of free stays at resorts in exchange for timeshare pitches,
And dinners out with the spouse consist of investment seminars at local restaurants,
You might be a cheapskate. :happy
by jrbdmb
Fri Jul 13, 2018 8:16 am
Forum: Investing - Theory, News & General
Topic: Saving 20% of paycheck isn't enough
Replies: 112
Views: 13807

Re: Saving 20% of paycheck isn't enough

You may also consider that a 20% rule of thumb is being used for many who currently save little to nothing for their retirement. 20% may not be adequate in all situations, but it is certainly better than 0%.
by jrbdmb
Thu Jul 05, 2018 12:25 pm
Forum: Investing - Help with Personal Investments
Topic: 401k fees...what's "too high?"
Replies: 50
Views: 3294

Re: 401k fees...what's "too high?"

Interesting. Both of my previous and current 401k plans charge a flat admin fee (currently $10/quarter with Vanguard). My wife's 401k is also with Vanguard with a flat fee ($13/quarter). These fees are somewhat made up for by access to Vanguard Institutional funds with lower expense ratios than Inve...
by jrbdmb
Tue Jul 03, 2018 1:08 pm
Forum: Personal Finance (Not Investing)
Topic: Will I ever be able to itemize?
Replies: 64
Views: 4363

Re: Will I ever be able to itemize?

Everybody here seems to be forgetting that the increase in the standard deduction of $12K is offset by the loss of the personal exemption ($4050 each in 2017). In my case I'm gaining about $10K in deductions, but losing $16K in personal exemptions. I'm not sure if my 3% tax rate cut will cover that,...
by jrbdmb
Tue Jul 03, 2018 12:58 pm
Forum: Personal Consumer Issues
Topic: Cheapest way to buy a phone in 2018?
Replies: 73
Views: 7155

Re: Cheapest way to buy a phone in 2018?

If you are a Costco member, they sometimes have good deals. My wife and I got 2 of the new Samsung Galaxy 9 for $1800 - $900 (B1G1 free) - $300 in Costco Cash Cards - $150 in Verizon Visa card (for bringing a new line for my kids) = $450 for the newest and latest. Agreed. I joined Costco (closest s...
by jrbdmb
Tue Jul 03, 2018 9:04 am
Forum: Personal Finance (Not Investing)
Topic: American Opportunity Tax Credit - General Questions
Replies: 23
Views: 2606

Re: American Opportunity Tax Credit - General Questions

Am I reading this incorrectly? (Note that the 4th line says "for more than four tax years" rather than "for four tax years.") At best, it's not as clear as it could be. The AOTC can only be taken for any one student for a maximum of four years. See IRS pub 970, pages 10 and 11. https://www.irs.gov/...
by jrbdmb
Tue Jul 03, 2018 8:47 am
Forum: Personal Consumer Issues
Topic: Cheapest way to buy a phone in 2018?
Replies: 73
Views: 7155

Re: Cheapest way to buy a phone in 2018?

If you are a Costco member, they sometimes have good deals. My wife and I got 2 of the new Samsung Galaxy 9 for $1800 - $900 (B1G1 free) - $300 in Costco Cash Cards - $150 in Verizon Visa card (for bringing a new line for my kids) = $450 for the newest and latest. Agreed. I joined Costco (closest s...
by jrbdmb
Mon Jul 02, 2018 4:04 pm
Forum: Personal Finance (Not Investing)
Topic: American Opportunity Tax Credit - General Questions
Replies: 23
Views: 2606

Re: American Opportunity Tax Credit - General Questions

Sounds like she qualifies to me. I see nothing about age or number of years previously attended. I read this is for undergrad's and can be claimed for only 4 years total. To be eligible for AOTC, the student must: Be pursuing a degree or other recognized education credential Be enrolled at least ha...
by jrbdmb
Tue Jun 19, 2018 12:08 pm
Forum: Personal Finance (Not Investing)
Topic: 0% credit card interest for lawnmower
Replies: 15
Views: 875

Re: 0% credit card interest for lawnmower

Chase Ink Business Unlimited - $500 signup bonus which you will earn after $3000 purchase and 0% APY for 12 months. $0 annual fee. Card earns 1.5% for all purchases. Chase Ink Business Cash - $500 signup bonus which you will earn after $3000 purchase and 0% APY for 12 months. $0 annual fee. Card ea...
by jrbdmb
Tue Jun 19, 2018 10:57 am
Forum: Personal Consumer Issues
Topic: Should I take possession of a certified mail?
Replies: 151
Views: 17058

Re: Should I take possession of a certified mail?

uberdoc wrote:
Thu Jun 14, 2018 9:28 pm
I will caution against opening the letter. Only bad outcomes come out of these things.
I say the same thing to myself every time I see a bill in the mail. Perhaps I should just start to refuse all my bills so i won't have to pay them anymore. :mrgreen:
by jrbdmb
Mon Jun 18, 2018 3:18 pm
Forum: Personal Consumer Issues
Topic: Top Shelf Liquor Overrated?
Replies: 191
Views: 17499

Re: Top Shelf Liquor Overrated?

Someone gave me a bottle of something supposedly fancy yet was a horrible liquid called Lophraig. I think it was whiskey. Tasted like cough syrup. Exactly like cough syrup. A friend noticed it on my shelf and commented it was good stuff. I told him he would be doing me a favor to take it home with ...
by jrbdmb
Mon Jun 18, 2018 3:08 pm
Forum: Personal Consumer Issues
Topic: Top Shelf Liquor Overrated?
Replies: 191
Views: 17499

Re: Top Shelf Liquor Overrated?

I don't think it's overrated. I really don't drink that much these days, but when I do drink vodka, Tito's is what I prefer. I am not a scotch drinker because I can't even get the stuff down, but my brother-in-law gave me a glass of Johnny Walker Blue and it was smooth and I was able to drink it. S...
by jrbdmb
Mon Jun 18, 2018 2:43 pm
Forum: Investing - Theory, News & General
Topic: What does it mean: Rule No. 1: Never lose money
Replies: 75
Views: 7112

Re: What does it mean: Rule No. 1: Never lose money

i have always interpreted the rule to emphasize that the goal of investing is to survive. the value investor's goal is to make money in the long term through compounding of good investments. to do that, you have to actually be around for the long term. it sounds silly, but it isn't. too many fund m...
by jrbdmb
Thu Jun 14, 2018 4:05 pm
Forum: Personal Consumer Issues
Topic: Top Shelf Liquor Overrated?
Replies: 191
Views: 17499

Re: Top Shelf Liquor Overrated?

Laphroigh is very much an acquired taste. Hated my first sip but ended up living it. I prefer Lagavulin 16 over it by a bit but it’s a lot pricier. Ardbeg is very similar and tastes wonderful. Current favorite is Carol Illa. Also from Islay and great tasting (surprised only one person mentioned it)...
by jrbdmb
Thu May 17, 2018 11:39 pm
Forum: Personal Consumer Issues
Topic: Road trip Newark NJ to Albany
Replies: 95
Views: 4917

Re: Road trip Newark NJ to Albany

But if your goal is to get to Albany, probably easier to fly into Newark and take the Garden State Parkway north than to deal with LaGuardia and NYC traffic. If you aren't in a rush to get to Albany, I always found route 9 (east side of the Hudson River) was a nice scenic drive, esp. the parts that ...
by jrbdmb
Tue May 15, 2018 10:06 am
Forum: Investing - Help with Personal Investments
Topic: How can I clear $40-60,000/yr with $1,000,000 cash... Low Risk?
Replies: 71
Views: 11066

Re: How can I clear $40-60,000/yr with $1,000,000 cash... Low Risk?

Come now, gang..I just saw an ad for Brighthouse Annuities on TV last night that promised "all of the market upside with NONE of the downside risk!". So, surely, the purple unicorn investment that the OP is talking about must indeed exist. </sarc off> Since Dave Ramsey constantly touts 12% annual r...
by jrbdmb
Tue May 15, 2018 7:44 am
Forum: Personal Finance (Not Investing)
Topic: Bank of America/Merrill Edge - Preferred Rewards
Replies: 469
Views: 97404

Re: Bank of America/Merrill Edge - Preferred Rewards

What I'm curious about is if her new ME IRA balance would be combined with my existing accounts (IRA and taxable) for Preferred Rewards purposes. If they are kept separate then moving her IRA to ME doesn't make much sense. Feedback appreciated from anyone who has ME accounts in their name and their...
by jrbdmb
Thu May 03, 2018 3:58 pm
Forum: Investing - Help with Personal Investments
Topic: Swollen Emergency Fund....What now?
Replies: 43
Views: 3467

Re: Swollen Emergency Fund....What now?

I-bonds or directly held, short term municipal bonds from your local area would be a good place to start. Buying individual muni bonds can be much riskier than the OP may want to go, and liquidity may be an issue if a sudden need arises. A short or intermediate muni fund from Vanguard offers divers...
by jrbdmb
Wed Apr 04, 2018 10:29 pm
Forum: Investing - Theory, News & General
Topic: State Muni Funds
Replies: 10
Views: 1550

Re: State Muni Funds

There has to be demand and there has to be bonds. But you'd also WANT diversification. The national intermediate muni fund has over 7500 bonds, just for perspective. The CA intermediate muni fund has nearly 3500 bonds. On the other hand, the OH, MA, and NJ long-term muni funds have about 500 bonds ...
by jrbdmb
Fri Mar 23, 2018 9:20 pm
Forum: Personal Finance (Not Investing)
Topic: Do I really need Turbotax premier?
Replies: 48
Views: 11604

Re: Do I really need Turbotax premier?

If you're going the download/CD route, watch for sales. I got H&R Block Premium + State download for $27 earlier this week. I don't think it includes state E-file... but I owe state taxes, so I'm more than happy to snail mail that. I'm really happy about finally breaking the cycle of paying TurboTa...
by jrbdmb
Tue Mar 20, 2018 11:04 am
Forum: Personal Finance (Not Investing)
Topic: Need advice re: Liberal Arts Colleges...
Replies: 235
Views: 13850

Re: Need advice re: Liberal Arts Colleges...

Another problem with the high tech industry is that a person's career may have a limited lifespan. A quote from Mark Zuckerburg who is explaining that there are not enough talented engineers: “I want to stress the importance of being young and technical. Young people are just smarter. Young people ...
by jrbdmb
Tue Mar 20, 2018 10:00 am
Forum: Investing - Theory, News & General
Topic: Facebook's slide cost Mark Zuckerberg $6.06 billion in one day
Replies: 42
Views: 5122

Re: Facebook's slide cost Mark Zuckerberg $6.06 billion in one day

Facebook is way overvalued, and users are leaving in droves. Expect that it drops more. If they're leaving, where are they going for social media? They don't necessarily have to go anywhere. I've found that the days I use social media like Facebook are not appreciably better than the days i don't u...
by jrbdmb
Fri Mar 16, 2018 11:33 am
Forum: Personal Consumer Issues
Topic: Modest stereo system
Replies: 57
Views: 3895

Re: Modest stereo system

Why not just keep your old system and plug an old phone or tablet into the AUX jack for your digital stuff? This. Unfortunately their products have been discontinued, but I have a Squeezebox Touch that streams music wirelessly to my legacy stereo system - I'm sure here are other products there to d...
by jrbdmb
Tue Feb 27, 2018 4:29 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 2721
Views: 540426

Re: What's Your Credit Card Rewards Strategy?

Madbrain - thanks for a pretty comprehensive list of rewards cards. I've considered many of the same cards that you have, but for now my strategy is towards maximizing spend rewards instead of sign-up bonuses. Once I get the last "everyday" card I want - BoA Premium Rewards - I will start to take ad...
by jrbdmb
Mon Feb 26, 2018 2:29 pm
Forum: Personal Finance (Not Investing)
Topic: Thoughts on Credit Cards?? [Credit card vs. debit card]
Replies: 108
Views: 5463

Re: Thoughts on Credit Cards??

Ged wrote:
Mon Feb 26, 2018 2:11 pm
Dangerous stuff.

I would suggest that if you are going to use these instruments of personal finance destruction you have an automatic savings plan where there is a monthly deduction from your paycheck that goes into separate accounts including a 401K or IRA.
Dave Ramsey, is that you? :o
by jrbdmb
Mon Feb 26, 2018 2:26 pm
Forum: Personal Finance (Not Investing)
Topic: Thoughts on Credit Cards?? [Credit card vs. debit card]
Replies: 108
Views: 5463

Re: Thoughts on Credit Cards??

I spent some time recently researching cotton drawstring shorts. I wear those around the house when I don't go to work, and as I'm not going to work at all I'm wearing them every day. So I need some more. My research has me leaning to Hanes shorts. The best price I can find is Amazon, where even th...
by jrbdmb
Fri Feb 23, 2018 9:52 am
Forum: Personal Consumer Issues
Topic: Florida in the summer
Replies: 113
Views: 12047

Re: Florida in the summer

Climate differs inland v coast. Another plus: lower latitude = more hours of sunlight. Compare sunset times for NYC and West Palm sometime, interesting. Today, 4:56 pm v 5:51 pm. Travel a little in the hot months. On average sunrises / sunsets will always be later in Florida because it is quite a b...
by jrbdmb
Thu Feb 22, 2018 6:43 pm
Forum: Investing - Help with Personal Investments
Topic: <gulp> Expensive mistake
Replies: 56
Views: 10257

Re: <gulp> Expensive mistake

What is the TSP and F fund? Non-intuitive acronyms are ubiquitous on this forum. While that's often true, I don't think this is a good example. TSP and F fund are only slightly less commonly known than 401k and TBM, which I think are fair game. Sorry, but I have to disagree with this part. I have b...
by jrbdmb
Thu Feb 22, 2018 1:31 pm
Forum: Personal Consumer Issues
Topic: Boglehead Flashlight?
Replies: 65
Views: 5702

Re: Boglehead Flashlight?

IMHO you don't have to buy a "beast" of a flashlight powered by 4 D batteries anymore. I have several LED flashlights that use 3 to 4 AA batteries that put out all the light that I need and are very solid but moderate weight. I don't have a specific brand to recommend, just look for a Cree LED, pref...
by jrbdmb
Tue Feb 20, 2018 11:46 am
Forum: Investing - Help with Personal Investments
Topic: For munis: state specific or non-state specific funds best?
Replies: 14
Views: 1647

Re: For munis: state specific or non-state specific funds best?

It also depends on the credit rating of your state. I live in New Jersey, which has slid from a AA rating in 2010 to a A- rating in 2017. I am willing to pay extra state income tax to avoid the potential financial abyss NJ appears to be headed towards. Likewise, I would never consider an Illinois (B...
by jrbdmb
Tue Feb 20, 2018 10:05 am
Forum: Investing - Theory, News & General
Topic: J. Montier: US equity market is obscenely overvalued
Replies: 33
Views: 3681

Re: J. Montier: US equity market is obscenely overvalued

Based on this ZeroHedge article from summer 2015: "This is definitely the most difficult time to be an asset allocator," warns GMO's James Montier, telling conference attendees in Munich that he hasn't been this risk-averse since 2008. Having warned six months ago that "stocks are hideously expensiv...
by jrbdmb
Wed Feb 14, 2018 5:55 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 6752
Views: 1467480

Re: U.S. stocks in freefall

Cheers to those who held... shots for those that bought more! What about those of us who wanted to buy more, but hadn't kept any dry powder aside to do so. :) If you sold your bond funds on the RBDs (2/5 and 2/8) to buy equities, then you would have avoided losses in your bond funds almost equal to...
by jrbdmb
Wed Feb 14, 2018 2:30 pm
Forum: Investing - Help with Personal Investments
Topic: rmd disaster
Replies: 23
Views: 2794

Re: rmd disaster

Given this plan's potential restrictions and rules, I suggest doing a direct rollover (avoids withholding) to an IRA account. You can open an IRA at most large firms and they will assist with the rollover process from this plan. However, the plan MUST distribute your 2018 RMD to you before rolling ...
by jrbdmb
Tue Feb 13, 2018 5:37 pm
Forum: Investing - Help with Personal Investments
Topic: Did you learn anything from the market correction?
Replies: 160
Views: 13003

Re: Did you learn anything from the market correction?

Just to change the course of this thread for one post, what didn't I learn? Well, I know that I'm generally OK with the ups and downs of the market, but since I didn't hit any of my rebalancing bands I didn't learn if I have the stomach to rebalance into the teeth of a significant decline. That exam...
by jrbdmb
Tue Feb 13, 2018 4:46 pm
Forum: Investing - Help with Personal Investments
Topic: Did you learn anything from the market correction?
Replies: 160
Views: 13003

Re: Did you learn anything from the market correction?

Did you learn anything from the market correction? The main thing I learned is that I have no idea whether we just experienced a market correction or the beginning of a severe bear market. Not clear yet if I will get away with a hard tap on the shoulder or if the market is still going to punch me i...
by jrbdmb
Thu Feb 08, 2018 7:32 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 6752
Views: 1467480

Re: U.S. stocks in freefall

The market is over valued even today. A BH should aware of this and be value oriented. This is not market timing. https://www.cnbc.com/2018/01/23/markets-could-suddenly-turn-and-they-dont-even-need-a-trigger-nobel-winning-economist-shiller-says.html Are you sure value orientation is BH philosophy? ...
by jrbdmb
Thu Feb 08, 2018 5:42 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 6752
Views: 1467480

Re: U.S. stocks in freefall

Ah those closing minutes were entertaining to watch! Oh Dow, just a few more points to get from around down 880 to a round 900. You can do it Dow! Oh wait, you managed to pass -1000 - way to over achieve! Ah nothing like a "Dow loses 1000 points" for a financial journalist. Love those round but poi...
by jrbdmb
Thu Feb 08, 2018 1:49 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 6752
Views: 1467480

Re: U.S. stocks in freefall

https://www.marketwatch.com/story/xiv-trader-ive-lost-4-million-3-years-of-work-and-other-peoples-money-2018-02-06 Title "XIV trader: ‘I’ve lost $4 million, 3 years of work and other people’s money" "The VelocityShares Daily Inverse VIX Short Term ETN XIV, -92.64% was created to give traders an opp...
by jrbdmb
Mon Feb 05, 2018 4:05 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 6752
Views: 1467480

Re: U.S. stocks in freefall

mister_sparkle wrote:
Mon Feb 05, 2018 3:09 pm
1100. :shock:

edit: Make that 1550
Wondering what happened to cause the DOW to drop from 24776 at 3:02 PM to 23999 at 3:11 PM, and then recovered almost of it back by 3:17 PM. Even for a wacky market that seems kinda wacky ... :shock:
by jrbdmb
Fri Feb 02, 2018 2:27 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 6752
Views: 1467480

Re: U.S. stocks in freefall

buddy who works on Wall Street ... He says his entire office is laughing at this “sell off” and buying as much as possible “We’re still up for 2018 and people are freaking out over interest rates - which we knew were going up. It’s insane.” Stay the course - or buy more. Happy Friday How long has y...
by jrbdmb
Fri Feb 02, 2018 1:20 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 6752
Views: 1467480

Re: U.S. stocks in freefall

Could the explanation be as simple as rising bond rates make stocks relatively less attractive?
by jrbdmb
Fri Feb 02, 2018 10:41 am
Forum: Investing - Theory, News & General
Topic: Anyone else cashing out on *some* of the crazy earnings?
Replies: 74
Views: 9013

Re: Anyone else cashing out on *some* of the crazy earnings?

If by "cashing in" you mean rebalancing when my AA got out of my tolerance bands, then yes. Otherwise no. This. I'm surprised that it took somebody this long to mention AA on a Bogleheads thread. :happy Assuming the OP is talking about a taxable account, he still should have an IPS that includes a ...
by jrbdmb
Fri Feb 02, 2018 10:11 am
Forum: Investing - Theory, News & General
Topic: treaure yield up, dollar down, QE shrink, Dow all time high, what's ahead of US
Replies: 4
Views: 716

Re: treaure yield up, dollar down, QE shrink, Dow all time high, what's ahead of US

Unless you are in a state like the US market this week where *both* bonds and equities are taking a beating. Then what, retreat to cash?