Search found 458 matches

by TomCat96
Mon May 21, 2018 6:03 pm
Forum: Investing - Theory, News & General
Topic: will the SP500 double in 7 years?
Replies: 97
Views: 10031

Re: will the SP500 double in 7 years?

I would argue that once you have hit your goal prior to the "strike date", the remaining time is irrelevant. The point is that one has the option of taking the entirety of one's investment out of the market and moving it to riskless treasuries for the remainder of the time period. Remaining in the m...
by TomCat96
Wed May 09, 2018 6:02 pm
Forum: Investing - Theory, News & General
Topic: Professor Andrew Lo interviews John Bogle
Replies: 10
Views: 1795

Re: Professor Andrew Lo interviews John Bogle

I deleted one of my earlier posts but I'm reposting it here because I just don't understand what could possibly have been meant and am gobsmacked. At around 22:00 is this an accurate quotation by Bogle? "...and interestingly enough, unlike your question, ..." I could hardly believe hearing that. Wa...
by TomCat96
Mon May 07, 2018 5:12 pm
Forum: Personal Consumer Issues
Topic: When to buy new underwear?
Replies: 86
Views: 5925

Re: When to buy new underwear?

Are there any issues with wearing the same boxer briefs for a really long time? Assuming they are kept clean, washed, etc. My partner says underwear has to be changed out every year, but that does not make any sense to me. I only swap them out when the waistband, which is usually the first thing to...
by TomCat96
Fri May 04, 2018 7:35 pm
Forum: Investing - Theory, News & General
Topic: Investing is more like poker than chess
Replies: 91
Views: 6090

Re: Investing is more like poker than chess

I'm about to out myself, but I have recently departed from boglehead philosophy and have started active investing again. On that point let me be concise and say, the boglehead portfolio techniques has now for me become one tool in a greater toolbox of investing strategies. But regarding the other to...
by TomCat96
Thu May 03, 2018 4:28 pm
Forum: Investing - Help with Personal Investments
Topic: US resident (non-citizen) soon returning needs advice
Replies: 8
Views: 974

Re: A timid investor needs a serious guidance

If I were you, I would invest as if my investment horizon was 7-8 years. It is unreasonable to expect a 7-8% return a year in the next 8 years. As you wrote, it's a long run bull market. In reality, if you had only a 7-8 year horizon, you would probably be very heavily invested in bonds. So this pre...
by TomCat96
Fri Apr 27, 2018 5:03 pm
Forum: Investing - Theory, News & General
Topic: Valuation modeling. 250k capital gains waiver
Replies: 0
Views: 216

Valuation modeling. 250k capital gains waiver

This is a complex question because it is so ambiguous. As many of you know, every 5 years up to 250k of capital gains on a sale of real estate may be excluded subject to the requirements disclosed in the link. https://www.irs.gov/taxtopics/tc701 A few financially savvy individuals therefore move eve...
by TomCat96
Fri Apr 27, 2018 4:47 pm
Forum: Investing - Theory, News & General
Topic: International Stock and Currency Issues
Replies: 40
Views: 2383

Re: International Stock and Currency Issues

I'm trying to understand the potential downsides/upsides of international diversification as it relates to currency issues. I've read that currency fluctuations are a risk factor with international stocks, but haven't been able to gain a full understanding this issue. A specific question that comes...
by TomCat96
Thu Apr 12, 2018 11:34 am
Forum: Investing - Theory, News & General
Topic: Questions about Benjamin Graham
Replies: 19
Views: 1673

Re: Questions about Benjamin Graham

So, Im reading the intelligent investor right now and I have a few questions. I am on Chapter 10 and overall the detail in the book is really good. However, I feel at times alot of the information in this book does not apply to me. There are very sound pieces of advice regarding Index Funds, but at...
by TomCat96
Wed Mar 07, 2018 6:11 pm
Forum: Investing - Help with Personal Investments
Topic: How many shares of VT can I buy without affecting the price?
Replies: 20
Views: 2563

Re: How many shares of VT can I buy without affecting the price?

I don't know the exact answer to your question, and I don't think anyone does. That being said, as a general statement for all markets, you have listings of sell offers and potentially willing buyers in the background. Regardless of the form of these offers, and regardless of the market, there are u...
by TomCat96
Wed Feb 28, 2018 5:45 pm
Forum: Investing - Theory, News & General
Topic: Outward signs of a private company failing
Replies: 20
Views: 1263

Re: Outward signs of a private company failing

Please, let's focus on the question at hand. What are the external signs of a failing private company? I don't know how applicable this is to private companies, but I have heard that one sure sign of trouble is that the auditing firm resigns. It makes sense that the auditing firm would refuse to si...
by TomCat96
Tue Feb 27, 2018 5:16 pm
Forum: Investing - Theory, News & General
Topic: Warren Buffett Dislikes Bonds
Replies: 57
Views: 6870

Re: Warren Buffett Dislikes Bonds

I've asked a similar question on another thread , but I'm still waiting for answers. Let's say that I'm 40 and I plan to buy a Toyota Camry (MRSP $23,500 according to toyota.com/camry/)) at age 70, 30 years from now. I'd like to know how much money should I invest, today, in Vanguard's S&P 500 fund...
by TomCat96
Wed Jan 31, 2018 8:01 pm
Forum: Investing - Help with Personal Investments
Topic: Why do many bogleheads feel they can time the housing market but can't time the stock market?
Replies: 63
Views: 4971

Re: Why do many bogleheads feel they can time the housing market but can't time the stock market?

Most bogle heads believe that it is impossible to time the stock market profitably. But many of these same bogleheads also think it is possible to time the housing market. Why is this? Are we talking about the housing market in the national sense? Or are we talking about timing the purchases of hom...
by TomCat96
Thu Jan 25, 2018 4:08 pm
Forum: Personal Consumer Issues
Topic: Strategies to combat the urge to spend?
Replies: 68
Views: 3926

Re: Strategies to combat the urge to spend?

Hi all, I am loving the boglehead way and hope to retire substantially early to do what I love. (Or not do anything, depending on the day!) However, emotional urges to spend are getting difficult to control as my wealth increases. For example, I am highly tempted to buy a new luxury car. This would...
by TomCat96
Wed Jan 24, 2018 6:02 pm
Forum: Investing - Theory, News & General
Topic: In what ways could BogleHeads be badly wrong ?
Replies: 244
Views: 23041

Re: In what ways could BogleHeads be badly wrong ?

The broad BogleHead investment philosophy has (or would have) served investors well for the last few decades. i.e. establish a stock/bond mix in line with age/risk; invest in a broad, low cost index funds; hold and rebalance over cycles. Is that going to be true going forward ? Whats the possibilit...
by TomCat96
Mon Jan 15, 2018 3:52 pm
Forum: Investing - Theory, News & General
Topic: Investment Grade (barely)
Replies: 9
Views: 1220

Re: Investment Grade (barely)

This is exactly why Im 100% stocks and unapologetic about it. There is nothing new about this. It is in the inherent nature of profit seeking to reach unduly for yield. When the only thing holding one back from reaching for yield is a risk analysis and self discipline, I think it inevitable for such...
by TomCat96
Mon Jan 01, 2018 3:41 am
Forum: Investing - Help with Personal Investments
Topic: Putting money back into a roth ira
Replies: 3
Views: 551

Re: Putting money back into a roth ira

that is a good point. I maxed out contributions for both 2016 and 2017. (5500 per year for 2 years) I took out 10600. I didn't fill out any paper work, I merely withdrew the money. It has been less than 60 days since I have done so and I intend to put the money back. Should I put the money back thro...
by TomCat96
Sun Dec 31, 2017 2:53 pm
Forum: Investing - Help with Personal Investments
Topic: Putting money back into a roth ira
Replies: 3
Views: 551

Putting money back into a roth ira

I took out money from my Roth IRA, transferring to my back account due to an emergency. I now wish to return the amount I took out back into the Roth IRA. I didn't explicitly specify that the withdrawal was to be a loan.

Can I return this money back to my IRA without it raising tax consequences?
by TomCat96
Fri Dec 08, 2017 2:39 am
Forum: Investing - Theory, News & General
Topic: Bitcoin now the largest quantifiable bubble in history?
Replies: 89
Views: 7864

Re: Bitcoin now the largest quantifiable bubble in history?

Somewhere back I read that evidence seems to support the semi-strong form as the most reflective of current stock markets. It's definitely not strong form. at any rate, is bitcoin now the largest quantifiable bubble in history? I don't think that's even close to remotely true, either in real or nomi...
by TomCat96
Thu Dec 07, 2017 3:01 pm
Forum: Investing - Theory, News & General
Topic: When Bitcoin blows-up
Replies: 55
Views: 4910

Re: When Bitcoin blows-up

I'm close to a total bitcoin skeptic, but I think that it is a very bad mental habit to use language like "when bitcoin blows up." We don't know that it will. And even if it does, we don't know when, or how much more it will grow before it does. I realize that "when" is just shorthand, but if your ...
by TomCat96
Sun Dec 03, 2017 3:13 pm
Forum: Personal Consumer Issues
Topic: 208 Volt 3 phase
Replies: 13
Views: 1448

Re: 208 Volt 3 phase

I suspect both are right, because they are answering different questions. You cannot connect a SINGLE 600 A 120 V load. You CAN connect up to 200 A 120 V loads to EACH phase. So the total current draw to all the loads can add up to 600 A. If you are in IT I suspect you are considering connecting ma...
by TomCat96
Sun Dec 03, 2017 2:53 pm
Forum: Personal Consumer Issues
Topic: 208 Volt 3 phase
Replies: 13
Views: 1448

208 Volt 3 phase

Don't worry I won't take electrical advice here as dispositive, and I have no intention of relying solely on anonymous opinions on the internet. Nevertheless the feedback here is useful and helpful in directing me where to look. The question is this: I am starting my own IT company and I am looking...
by TomCat96
Sat Dec 02, 2017 11:59 pm
Forum: Investing - Theory, News & General
Topic: Is 60/40 mix the sleep mix or 80/20 mix
Replies: 38
Views: 4137

Re: Is 60/40 mix the sleep mix or 80/20 mix

WhiteMaxima wrote:
Fri Dec 01, 2017 4:26 pm
From long term perspective, is the 60/40 a sleep and forget mix or 80/20 mix?
100% 0% is my sleep mix. I would feel far too agitated with 60/40
by TomCat96
Fri Dec 01, 2017 6:10 pm
Forum: Investing - Theory, News & General
Topic: What are you up YTD? [Year To Date]
Replies: 1821
Views: 329796

Re: What are you up YTD? [Year To Date]

What is the main purpose of this thread It's a brag thread :D If this thread provokes anyone's jealousy. I think that person is in the wrong place. My father's portfolio is 100% bonds. I am 100% stock. I did better than him. But he is 40 years older than me. Am I better? Am i superior investor? Sho...
by TomCat96
Fri Dec 01, 2017 4:12 pm
Forum: Investing - Help with Personal Investments
Topic: Reached 4M target. Taking money off table. Advice?
Replies: 120
Views: 20909

Re: Reached 4M target. Taking money off table. Advice?

I am reluctant to share my financial information. But without letting you know my situation I do not think I can receive good advice. Please let me know your thoughts and any or all of what I write below. Thanks in advance. Today I met my first threshold. 4 million. I celebrated this by changing al...
by TomCat96
Fri Dec 01, 2017 2:24 pm
Forum: Investing - Theory, News & General
Topic: Ok reasons for a 37 year old to have a 60/40 mix?
Replies: 61
Views: 9614

Re: Ok reasons for a 37 year old to have a 60/40 mix?

OP here. The fact that we will be a dual pension household pension in retirement makes me feel no reason to take on unnecessary risk. Yes, pensions are not guaranteed but ours is stable and should be enough to provide for all of our expenses. I have read others on the board who would take more risk...
by TomCat96
Thu Nov 30, 2017 10:21 pm
Forum: Investing - Theory, News & General
Topic: Ok reasons for a 37 year old to have a 60/40 mix?
Replies: 61
Views: 9614

Re: Ok reasons for a 37 year old to have a 60/40 mix?

A 60/40 will give you a greater reward relative to risk taken than a 70/30, 80/20, all the way up to 100/0 One aspect about the efficient frontier is that there an infinite number of optimal portfolios. But as you up your stock ratio, you are surely taking on more risk than you are being rewarded. N...
by TomCat96
Thu Nov 30, 2017 9:37 pm
Forum: Investing - Help with Personal Investments
Topic: Anyone tired of the stock market going up?
Replies: 309
Views: 31653

Re: Anyone tired of the stock market going up?

Somewhere down the line, we're going to experience a stock market so depressed for a period so long, this thread will be remembered for the preposterousness of its premise.
by TomCat96
Wed Nov 29, 2017 3:37 pm
Forum: Personal Finance (Not Investing)
Topic: A good friend has nearly $1M in BitCoin what do I tell him?
Replies: 149
Views: 17682

Re: A good friend has nearly $1M in BitCoin what do I tell him?

Granted, he “saw the light” nearly 4 years ago, when BTC was $114. He bought $10K worth. I’m thinking it might be time to take some profits. He is a working stiff, but also a business man and a smart one at that. His opinion is that if if it goes to zero, $10K won’t break him, but if he sells, he m...
by TomCat96
Sun Nov 26, 2017 6:51 pm
Forum: Investing - Help with Personal Investments
Topic: Didn't buy Bitcoin at $4600
Replies: 138
Views: 12149

Re: Didn't buy Bitcoin at $4600

I was sitting in a cafe a couple of months ago, I didn't buy Bitcoin when it was $4600 per Bitcoin. I even had my bank info authenticated the few days prior. I think my PC battery died and I went to the gym instead. I don't really need the money, but I'd be lying if I said I don't feel a twinge of ...
by TomCat96
Sun Nov 26, 2017 6:47 pm
Forum: Investing - Help with Personal Investments
Topic: Gold?
Replies: 64
Views: 4757

Re: Gold?

Does holding actual gold coins make sense as part of an overall strategy for long term investments? The older generations in my family, being from the old country, had a strong urge to hold gold. Not gold stocks but the real deal coins. I inherited my share of the family gold and have added a bit t...
by TomCat96
Sun Nov 26, 2017 6:34 pm
Forum: Investing - Help with Personal Investments
Topic: Didn't buy Bitcoin at $4600
Replies: 138
Views: 12149

Re: Didn't buy Bitcoin at $4600

I was sitting in a cafe a couple of months ago, I didn't buy Bitcoin when it was $4600 per Bitcoin. I even had my bank info authenticated the few days prior. I think my PC battery died and I went to the gym instead. I don't really need the money, but I'd be lying if I said I don't feel a twinge of ...
by TomCat96
Wed Nov 22, 2017 1:54 pm
Forum: Investing - Help with Personal Investments
Topic: Safe investments for a declining market
Replies: 19
Views: 3439

Re: Safe investments for a declining market

I know you are not supposed to try and "time" the market, but what is a good place to put your money if you think the market is going to go on a decline? If you thought there was going to be a decline, but didn't want to pull all your investments out into cash funds what would you do? Re allocate i...
by TomCat96
Wed Nov 22, 2017 1:28 pm
Forum: Investing - Help with Personal Investments
Topic: Are you your own worse enemy when it comes to investing?
Replies: 34
Views: 2745

Re: Are you your own worse enemy when it comes to investing?

I find that I am my own worse enemy for almost all things in life, not just investing.
by TomCat96
Tue Nov 21, 2017 5:53 pm
Forum: Personal Finance (Not Investing)
Topic: Dave Ramsey says don't use credit cards, even if you pay them off
Replies: 221
Views: 15820

Re: Dave Ramsey says don't use credit cards, even if you pay them off

Dave Ramsey is catering the to average american with zero financial literacy. For them indeed, it is safer to rule out credit cards all together. You are a person with a brain. You know yourself. You know your habits. You know whether you can control your own spending or not. It's that simple. But i...
by TomCat96
Thu Nov 16, 2017 4:07 pm
Forum: Investing - Help with Personal Investments
Topic: Bitcoin: Significance of 12 transactions per second?
Replies: 28
Views: 3792

Re: Bitcoin: Significance of 12 transactions per second?

It did not exist prior to 2009. It has no inherent value. Where does such an asset fit into a plan we're supposed to follow for 30, 40 years? Nowhere. There are a lot of currencies that have no inherent value. The problems with bitcoin lie elsewhere. As a result I haven't purchased any bitcoins. Th...
by TomCat96
Thu Nov 16, 2017 12:28 am
Forum: Investing - Help with Personal Investments
Topic: Bitcoin: Significance of 12 transactions per second?
Replies: 28
Views: 3792

Re: Bitcoin: Significance of 12 transactions per second?

I think good bitcoin criticism is beneficial. However, you might consider reviewing some of the more established sources of research on it. There's actually an in-depth bitcoin wiki, with over 1,000 pages: https://en.bitcoin.it/wiki/Main_Page . That wiki has its own page on scalability that's over ...
by TomCat96
Tue Nov 14, 2017 3:31 pm
Forum: Investing - Theory, News & General
Topic: Are actively managed funds that claim to beat the market actually "scams"?
Replies: 29
Views: 3206

Re: Are actively managed funds that claim to beat the market actually "scams"?

avalpert's exactly right. If we're just going by the subject of this thread, I think it really should be closed. I'm pretty sure it'd be some type of SEC violation for a fund to claim to be able to beat the market. I'm not aware of a single one that makes that claim, or anything close to it. I know...
by TomCat96
Mon Nov 13, 2017 7:29 pm
Forum: Investing - Theory, News & General
Topic: Are actively managed funds that claim to beat the market actually "scams"?
Replies: 29
Views: 3206

Re: Are actively managed funds that claim to beat the market actually "scams"?

Perhaps it's because I tend to read things that reinforce my beliefs (modern American that I am...) but it seems to me those who establish such funds know they won't succeed in the long term but hope that intelligent marketing in the media, the web and through a large network of brokerage advisors ...
by TomCat96
Sat Nov 11, 2017 12:22 am
Forum: Investing - Help with Personal Investments
Topic: Buying bitcoin / Cryptocurrency to market cap (.3%)
Replies: 42
Views: 4711

Re: Buying bitcoin / Cryptocurrency to market cap (.3%)

If anything, I would take this as a reason why NOT to indiscriminately invest in the global asset allocation. My 401k is 100% diversified small *mid cap stocks. My father's 401k is 100% bonds. The global allocation is somewhere between the two. The global allocation doesn't give a crap my risk toler...
by TomCat96
Mon Oct 30, 2017 2:01 am
Forum: Investing - Theory, News & General
Topic: How much international stock? A suggestion.
Replies: 250
Views: 57556

Re: How much international stock? A suggestion.

How much international stock is a decision I use my judgment for. I find nothing compelling about the argument of using a global market cap weight any more than I find using the global capital allocation between stocks and bonds to be a compelling AA for my portfolio. Whatever the global market cap ...
by TomCat96
Sat Oct 28, 2017 10:45 pm
Forum: Investing - Theory, News & General
Topic: How do I compute year to date returns?
Replies: 10
Views: 1448

Re: How do I compute year to date returns?

In your example, "the amount of gains one has made to date since the beginning of the year" is (110000-100000)+(6000-5000) = $11,000. Ron Correct. But what is the YTD return? Is my return 11%, since I started the year with 100k? One could say I started with 105k and ended with 116k which would yiel...
by TomCat96
Sat Oct 28, 2017 2:56 pm
Forum: Investing - Theory, News & General
Topic: How do I compute year to date returns?
Replies: 10
Views: 1448

How do I compute year to date returns?

How do I exactly calculate year to date returns? I have searched online for an answer but keep finding websites which conflate the idea of annualized returns with year to date returns...the amount of gains one has made to date since the beginning of the year. For instance: Suppose I have a portfolio...
by TomCat96
Tue Oct 17, 2017 2:12 pm
Forum: Personal Consumer Issues
Topic: Calculating max electrical load of your home
Replies: 34
Views: 2728

Re: Calculating max electrical load of your home

Thank you everyone for all the replies. (especially calijim) I got my question answered, which was essentially an inartful way of asking "what don't I know?" I did not intend to use the advice here to go do electrical work on my own, but rather to get some general knowledge which would allow me to e...
by TomCat96
Sun Oct 15, 2017 6:37 pm
Forum: Investing - Help with Personal Investments
Topic: The theory seems irrelevant. How does one execute?
Replies: 23
Views: 2159

Re: The theory seems irrelevant. How does one execute?

I made some money from cryptocurrency. This is not a post on the merits of cryptocurrency. I have been fortunate enough to have done well from it. I am young (ish?). 27. I want to invest my profit into a sustainable long term diversified portfolio that grows my wealth. In principle if my money kept...
by TomCat96
Sun Oct 15, 2017 6:18 pm
Forum: Personal Consumer Issues
Topic: Calculating max electrical load of your home
Replies: 34
Views: 2728

Calculating max electrical load of your home

I'm thinking of upgrading my home electrical service, but before I do I want to be able to calculate the max load my current service can handle. In particular I'm trying to figure out as a practical matter what my home can and cannot handle. There's a general rule that says you don't want to run mor...
by TomCat96
Thu Oct 12, 2017 8:23 pm
Forum: Investing - Theory, News & General
Topic: With panicked homeowners selling their flooded homes for 40¢ on the dollar, investors are flocking to Houston
Replies: 35
Views: 6884

Re: With panicked homeowners selling their flooded homes for 40¢ on the dollar, investors are flocking to Houston

I live in Houston and currently rent. Was previously a homeowner. I no longer view home ownership as a means to financial independence or even as a life milestone. I've seen too many people lose a lot of home equity making panic moves. There's a lot of mixed feelings on this debate, some people wan...
by TomCat96
Fri Sep 29, 2017 1:29 am
Forum: Investing - Theory, News & General
Topic: Why is this person wrong? Says beating the market is easy.
Replies: 30
Views: 3672

Re: Why is this person wrong? Says beating the market is easy.

I haven't tested his strategy. But almost by definition beating the market cannot be easy. Beating the market is always a self-correcting strategy. It's easy to see why too. Any exploitation of the market will lead to someone taking advantage of the opportunity until the opportunity is extinguished....
by TomCat96
Wed Sep 13, 2017 4:06 pm
Forum: Investing - Help with Personal Investments
Topic: Why Total Stock Market vs. Extended Market?
Replies: 20
Views: 4418

Re: Why Total Stock Market vs. Extended Market?

Expense ratio's aside, and assuming that funds are in tax-advantaged accounts, what's your reasoning for choosing Total Stock market over Extended market? Total Stock market is comprised ~80/20% of S&P 500 and Extended market. Hence, if Total Stock market is outperforming the S&P 500, it is due to ...