Search found 1441 matches

by LiterallyIronic
Thu May 14, 2020 11:41 am
Forum: Personal Finance (Not Investing)
Topic: [Government stimulus payments]
Replies: 355
Views: 28136

Re: [Government stimulus payments]

I read that stimulus checks can take up to 20 weeks to arrive. It's OK, it's a good lesson in not seeking instant gratification! :oops: Heh, join the club. I mailed off my 2019 taxes a month ago and learned that they're not processing paper returns presently. So I don't know when I'll get my state ...
by LiterallyIronic
Fri May 01, 2020 10:34 am
Forum: US Chapters
Topic: Post your Financial Milestone Announcements Here
Replies: 1442
Views: 195814

Re: Post your Financial Milestone Announcements Here

Net worth officially reached $250k today! We had peaked at $249k right before the stock market crash. Took a couple of months, but our retirement account balances are now exactly back where they were ($111k) and the house value (according to Zillow, so take it with a grain of salt, but it's the best...
by LiterallyIronic
Thu Apr 16, 2020 12:50 pm
Forum: Personal Consumer Issues
Topic: Apple Released a New Low-cost Iphone
Replies: 172
Views: 14456

Re: Apple Released a New Low-cost Iphone

$400 is "low-cost"? :oops:
by LiterallyIronic
Tue Apr 07, 2020 4:03 pm
Forum: Investing - Theory, News & General
Topic: What percentage of your paycheck do you invest?
Replies: 268
Views: 16528

Re: What percentage of your paycheck do you invest?

Gross: $6250 401k: $875 HSA: $100 Taxes: $875 Health Insurance: $270 Take Home: $4130 Roth IRA: $500 Spousal Roth IRA: $500 Expendable Income: $3130 Mortgage: $825 Mortgage Principal Pre-Payment: $250 Dream Car Savings: $250 Dream Vacation Savings: $100 Remaining Cash: $1705 Amount Invested: 30% of...
by LiterallyIronic
Wed Apr 01, 2020 9:47 am
Forum: Investing - Theory, News & General
Topic: What is your age/AA during this crisis?
Replies: 138
Views: 6486

Re: What is your age/AA during this crisis?

Is anyone willing to share their age, marital status( for net purposes), asset allocation Before and After this crisis, and if willing, their net worth and/or years to retirement? I think I’m looking to see just how much of a scaredy cat I’ve become. From other posts I’m surprised how highly tilted...
by LiterallyIronic
Tue Mar 31, 2020 4:02 pm
Forum: Personal Finance (Not Investing)
Topic: Are cell phones like cars? [Buying new vs buying used or keeping old]
Replies: 62
Views: 3406

Re: Are cell phones like cars?

A new phone will cost over $1000 and be worth less than half a year later if try to trade in or resell. Is buying a certified pre-owned phone the solution? You can get the prior year model for about 50-60% of the original price Or is everyone's perception of phones different because they are used t...
by LiterallyIronic
Thu Mar 26, 2020 8:48 pm
Forum: Investing - Theory, News & General
Topic: Do any of you not rebalance?
Replies: 57
Views: 3064

Re: Do any of you not rebalance?

Hey Bogleheads, Do we have any among us who do not rebalance their portfolios? If this is you, do you always contribute per your AA? Maybe your desired AA is 70/30 and the market takes it up to 76/24 over a period of time. Do you always put new money in at 70/30 and essentially ignore the AA of the...
by LiterallyIronic
Thu Mar 26, 2020 3:11 pm
Forum: Investing - Theory, News & General
Topic: So, Where Are You *Back* To in Time? (And Were You Happy Then?)
Replies: 63
Views: 3857

Re: So, Where Are You *Back* To in Time? (And Were You Happy Then?)

I only check my balances on the first of every month, so I can't be sure. But assuming I'm down 20% (after the recent climb) from my February 1 high ($111k), then I'm back to about July 2019 ($88k). And, yes, I was happy then (and now, but I'd really like to be able to go bowling and stuff again).
by LiterallyIronic
Wed Mar 25, 2020 12:49 pm
Forum: Investing - Theory, News & General
Topic: So bottom is probably behind us....right?
Replies: 709
Views: 63757

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

I've thought the bottom was behind us every single day. That's why I simply buy and hold.
by LiterallyIronic
Wed Mar 25, 2020 12:30 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 6385
Views: 539563

Re: U.S. stocks continue to soar!

peskypesky wrote:
Tue Mar 24, 2020 6:36 pm
MotoTrojan wrote:
Tue Mar 24, 2020 6:09 pm
Futures up!
Not anymore!

The dead cat bounced today....but tomorrow?
Up 5% more.
by LiterallyIronic
Wed Mar 25, 2020 10:02 am
Forum: Personal Consumer Issues
Topic: Are you still going to the grocery store or using a delivery service? Which?
Replies: 329
Views: 24455

Re: Are you still going to the grocery store or using a delivery service? Which?

Regular shopping, but only when necessary. Not popping over to the grocery store just to pick up one thing. Not to make light of the situation, but when I was updating my expenses spreadsheet yesterday, I saw how little money was flowing out this month and that was nice. (Working from home and not g...
by LiterallyIronic
Tue Mar 24, 2020 12:55 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 6385
Views: 539563

Re: U.S. stocks continue to soar!

The market is currently up 8%. Two days -- today and March 13th -- have given us 18% gains. Imagine all of the market timers out there who have missed just one of these days, and how much that will hurt their recovery from this crash in the long-term. Buy-and-hold is the only game in town. Anyone k...
by LiterallyIronic
Tue Mar 24, 2020 12:44 pm
Forum: Investing - Theory, News & General
Topic: Young investors, how do you feel about your 1st market crash?
Replies: 132
Views: 8983

Re: Young investors, how do you feel about your 1st market crash?

For the people who rejoice in prices going lower and buying more do you have any concerns about your employment over the next 2-5 years? I'm just trying to learn more of the mindset. I have always thought money in the market is money I should be prepared to lose but it seems like other people don't...
by LiterallyIronic
Tue Mar 24, 2020 11:26 am
Forum: Personal Investments
Topic: Has anyone hit pause on their 401k or monthly IRA contributions?
Replies: 32
Views: 1698

Re: Has anyone hit pause on their 401k or monthly IRA contributions?

Yes, but not because of the market. It's been my plan for months. I normally contribute 14% to my 401k and max two Roth IRAs. But our annual bonus was coming up and I configured it to go entirely into my 401k in order to front-load my contributions. The plan was, as soon as it arrived in my 401k, I ...
by LiterallyIronic
Tue Mar 24, 2020 10:02 am
Forum: Personal Finance (Not Investing)
Topic: What have you learned from this situation that you will take action on?
Replies: 158
Views: 14621

Re: What have you learned from this situation that you will take action on?

Three lessons for me: 1) Never, under any circumstances, let the emergency fund drop below where it's supposed to be. 2) Keep a two-week supply of canned food (and toilet paper) on hand always. 3) Don't put things off in life. I had been putting off getting a haircut, now the salons are closed. I ha...
by LiterallyIronic
Tue Mar 24, 2020 9:35 am
Forum: Personal Consumer Issues
Topic: Costco Senior hour Tue and Thur
Replies: 70
Views: 5775

Re: Costco Senior hour Tue and Thur

I thought age wasa federally protected category. Well, it's technically age 40+ that's federally protected and , per the Age Discrimination in Employment Act (ADEA) of 1967, it only applies to employment discrimination. Companies are free to legally provide discounts to seniors, children, students,...
by LiterallyIronic
Mon Mar 23, 2020 4:49 pm
Forum: Personal Investments
Topic: 100 percent stock investors: any of you adding bonds now?
Replies: 51
Views: 3472

Re: 100 percent stock investors: any of you adding bonds now?

No. I'm 36. 401k is 100/0; IRA is 90/10. Leaving things exactly as they've always been.
by LiterallyIronic
Mon Mar 23, 2020 10:43 am
Forum: Investing - Theory, News & General
Topic: Young people: Only thing that matters now is maintaining income
Replies: 30
Views: 3283

Re: Young people: Only thing that matters now is maintaining income

It’s a mistake because it tends to provide false comfort (“only a PAPER loss”) and throws sand in the eyes of the investor as to what the investor’s true situation really is That's a feature, not a bug. Much easier to leave one's accounts alone if one thinks of it all as "fake money." The balance i...
by LiterallyIronic
Fri Mar 20, 2020 10:08 am
Forum: Investing - Theory, News & General
Topic: Young investors, how do you feel about your 1st market crash?
Replies: 132
Views: 8983

Re: Young investors, how do you feel about your 1st market crash?

Make no mistake, Dec 2018 was also a crash. Only the magnitude, velocity and severity differ. So, this is not your “first”. You are in the first innings of a 20 to 30 year accumulation phase. Hardly a dent. Keep your head up and stay the course. :beer I'm 36 and consider this my first "crash." I gr...
by LiterallyIronic
Wed Mar 18, 2020 1:48 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 19244
Views: 2670866

Re: U.S. stocks in free fall

Thank goodness I sold out in Feb :shock: Market timing or not it worked (might not work again) Market Timing absolutely does work. Many here have apparently avoided big losses. Maybe another example of advice from Bogle that is so simplistic, it's wrong. Yes, if you time it right, you can come out ...
by LiterallyIronic
Wed Mar 18, 2020 1:23 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 19244
Views: 2670866

Re: U.S. stocks in free fall

As we said a few weeks ago, it's during the bear that we determine our true risk tolerance... Holding on fine so far. Even rebalanced into stocks a little. But I have to admit, I'm gritting my teeth and it is painful. I didn't expect this drop to get much past 30% when it started, now I feel like 5...
by LiterallyIronic
Wed Mar 18, 2020 12:38 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 19244
Views: 2670866

Re: U.S. stocks in free fall

I feel like an idiot because as recently as a few months ago, I had 6 months in there but decided to invest 3 months of it it in my 80/20 portfolio, feeling comfortable at the time of 3 months in savings, a large taxable investment account, and a couple years of expenses in bonds in the traditional...
by LiterallyIronic
Wed Mar 18, 2020 11:47 am
Forum: Investing - Theory, News & General
Topic: Why not liquidate?
Replies: 48
Views: 4392

Re: Why not liquidate?

Because I'm not sure the market will fall for at least a few weeks.
by LiterallyIronic
Wed Mar 18, 2020 9:53 am
Forum: Investing - Theory, News & General
Topic: Wish me luck! "Rebalancing!"
Replies: 25
Views: 2230

Re: Wish me luck! "Rebalancing!"

GoldenFinch wrote:
Wed Mar 18, 2020 7:45 am
The panic is just beginning.
Really? It feels like it's winding down to me. Everyone did their panic buying already and now everyone is in the middle of just chillin' until the end of the month. Then back to normal on April 1.
by LiterallyIronic
Wed Mar 18, 2020 9:29 am
Forum: Personal Investments
Topic: Rebalance now (3/18) or wait until "bottom" of this market dip?
Replies: 29
Views: 2352

Re: Rebalance now (3/18) or wait until "bottom" of this market dip?

minnesota315 wrote:
Wed Mar 18, 2020 9:13 am
Or do I wait until it appears we are at the "bottom" of this market dip
What metric, exactly, would make it so it "appears we are at the bottom"?
by LiterallyIronic
Tue Mar 17, 2020 2:47 pm
Forum: Investing - Theory, News & General
Topic: Why do people say "its only on paper, its not a real loss"
Replies: 142
Views: 7423

Re: Why do people say "its only on paper, its not a real loss"

"Current value of the accounts isn't something taken into consideration" It comprises the entire right side of your equation actually. "Annual expenses * 25 = retirement amount." No, current value has nothing to do with that. The amount that I can retire on is $24,000 * 25, or $600,000. Doesn't mat...
by LiterallyIronic
Tue Mar 17, 2020 2:24 pm
Forum: Investing - Theory, News & General
Topic: Why do people say "its only on paper, its not a real loss"
Replies: 142
Views: 7423

Re: Why do people say "its only on paper, its not a real loss"

How do "paper loss" people use retirement calculators or calculate their AA ? Maybe I'm just a simple man, but I do it like this: 1) Retirement calculator: Annual expenses * 25 = retirement amount. Then I simply used an Excel spreadsheet when I started investing to determine how much I need to inve...
by LiterallyIronic
Tue Mar 17, 2020 2:15 pm
Forum: Investing - Theory, News & General
Topic: What is your AA, given your age ? and this crisis ?
Replies: 170
Views: 9362

Re: What is your AA, given your age ? and this crisis ?

Folks, 1. What is your AA (Stock:Bond), given your age? and why? 2. How do you glide your risk (stock percentage) as you age and/or approach your 'need' portfolio value ? 3. Given the current market and health crisis, how do you 'stay the course' on your AA ? Love to get your numbers and inputs. ps...
by LiterallyIronic
Tue Mar 17, 2020 2:07 pm
Forum: Investing - Theory, News & General
Topic: Why do people say "its only on paper, its not a real loss"
Replies: 142
Views: 7423

Re: Why do people say "its only on paper, its not a real loss"

How do "paper loss" people use retirement calculators or calculate their AA ? Maybe I'm just a simple man, but I do it like this: 1) Retirement calculator: Annual expenses * 25 = retirement amount. Then I simply used an Excel spreadsheet when I started investing to determine how much I need to inve...
by LiterallyIronic
Tue Mar 17, 2020 1:20 pm
Forum: Investing - Theory, News & General
Topic: Why do people say "its only on paper, its not a real loss"
Replies: 142
Views: 7423

Re: Why do people say "its only on paper, its not a real loss"

How do "paper loss" people use retirement calculators or calculate their AA ? Maybe I'm just a simple man, but I do it like this: 1) Retirement calculator: Annual expenses * 25 = retirement amount. Then I simply used an Excel spreadsheet when I started investing to determine how much I need to inve...
by LiterallyIronic
Tue Mar 17, 2020 10:10 am
Forum: Investing - Theory, News & General
Topic: Why do people say "its only on paper, its not a real loss"
Replies: 142
Views: 7423

Re: Why do people say "its only on paper, its not a real loss"

Even if you're 100% certain you will recover your losses, you have technically lost money. That's not true. I bought an NES Classic when they were first released. I never got around to opening the packaging because we had to do some house remodeling, so it just sat in storage for a bit. Then Ninten...
by LiterallyIronic
Tue Mar 17, 2020 9:02 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 19244
Views: 2670866

Re: U.S. stocks in free fall

Dow Jones officially under 20,000.
by LiterallyIronic
Mon Mar 16, 2020 3:36 pm
Forum: Personal Investments
Topic: Anyone Rebalancing Today, 3/16/20?
Replies: 36
Views: 2164

Re: Anyone Rebalancing Today, 3/16/20?

Anyone rebalancing bonds to stocks today 3/16/20? My IPS calls for it as I am outside of my 5% band, but I have never had to do it in a down market. I am thinking of going in easy and rebalancing 2% or 3% only. Thoughts? This is why I don't do any rebalancing. Seems emotionally difficult. My 100/0 ...
by LiterallyIronic
Mon Mar 16, 2020 2:29 pm
Forum: Personal Investments
Topic: The Black Swan is Here
Replies: 153
Views: 16918

Re: The Black Swan is Here

TravelforFun wrote:
Mon Mar 16, 2020 2:13 pm
Can anyone remember the last time sport teams cancelled their seasons, the Masters was a no-go, stocks dropped 30% in 10 days, countries closed all their restaurants, bars, and theaters, and the US under a national emergency?

TravelforFun
World War II?
by LiterallyIronic
Sat Mar 14, 2020 6:37 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 19244
Views: 2670866

Re: U.S. stocks in free fall

Anyone here remember Black Monday? My parents have told me for years that Black Monday was the week after they started investing. Anyone here or so you know others not going out as much such as to lunch, dinner, other events? Business as usual for me. Going to my weekly Super Smash Bros league afte...
by LiterallyIronic
Sat Mar 14, 2020 5:06 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 19244
Views: 2670866

Re: U.S. stocks in free fall

Anyone here remember Black Monday? My parents have told me for years that Black Monday was the week after they started investing. Anyone here or so you know others not going out as much such as to lunch, dinner, other events? Business as usual for me. Going to my weekly Super Smash Bros league afte...
by LiterallyIronic
Fri Mar 13, 2020 3:05 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 6385
Views: 539563

Re: U.S. stocks continue to soar!

On the one hand, my annual bonus went into my 401k yesterday, which is awesome, on the other hand, a co-worker two cubicles over is currently being tested for coronavirus because he was in contact with someone who tested positive and if he has it.
by LiterallyIronic
Fri Mar 13, 2020 12:25 pm
Forum: Investing - Theory, News & General
Topic: How is this pandemic different than 2008?
Replies: 137
Views: 7498

Re: How is this pandemic different than 2008?

Folks, You have a choice. You can assume that this is just a mass hysteria and everyone else in the world except you is crazy. And, they decided to destroy the economy/businesses/daily lives by quarantine and shut down schools, NBA, NCAA, MLB and so on. Or, this Coronavirus is more than "just the f...
by LiterallyIronic
Thu Mar 12, 2020 7:58 pm
Forum: Personal Investments
Topic: Who is staying course and how are you dealing with net worth going down?
Replies: 359
Views: 26238

Re: Who is staying course and how are you dealing with net worth going down?

Everyone here is wrong. We could see this coming and it was obvious. If you see a tidal wave coming before the “intelligent” market does. Then market timing makes sense. Market timing is smart with an obvious black swan. And wow what a black swan. This was one off and do nothing was wrong here. Mr....
by LiterallyIronic
Thu Mar 12, 2020 12:58 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 19244
Views: 2670866

Re: U.S. stocks in free fall

Anyone here remember Black Monday? My parents have told me for years that Black Monday was the week after they started investing. Anyone here or so you know others not going out as much such as to lunch, dinner, other events? Business as usual for me. Going to my weekly Super Smash Bros league afte...
by LiterallyIronic
Thu Mar 12, 2020 11:33 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 19244
Views: 2670866

Re: U.S. stocks in free fall

Given that there were two possible scenarios: 1. COVID-19 would be contained and I would have missed out on some returns, but I would live in a world without a pandemic that was spreading, so it would be easy to make more money. 2. COVID-19 would not be contained and I would live in a world with a ...
by LiterallyIronic
Thu Mar 12, 2020 10:43 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 19244
Views: 2670866

Re: U.S. stocks in free fall

Given that there were two possible scenarios: 1. COVID-19 would be contained and I would have missed out on some returns, but I would live in a world without a pandemic that was spreading, so it would be easy to make more money. 2. COVID-19 would not be contained and I would live in a world with a ...
by LiterallyIronic
Thu Mar 12, 2020 10:02 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 19244
Views: 2670866

Re: U.S. stocks in free fall

Given that there were two possible scenarios: 1. COVID-19 would be contained and I would have missed out on some returns, but I would live in a world without a pandemic that was spreading, so it would be easy to make more money. 2. COVID-19 would not be contained and I would live in a world with a ...
by LiterallyIronic
Thu Mar 12, 2020 9:45 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 19244
Views: 2670866

Re: U.S. stocks in free fall

Patzer wrote:
Thu Mar 12, 2020 9:22 am
Remember future Bogleheads, it's okay to think about new data.
Ain't nobody got time for that. Find out what the "new data" is? How? Analyze the effect the new data might have on the market? How? I'd just screw it all up and wreck my portfolio. No thanks. Set and forget.
by LiterallyIronic
Wed Mar 11, 2020 10:36 pm
Forum: Personal Investments
Topic: officially bear market ...
Replies: 77
Views: 7107

Re: officially bear market ...

Since I'm not hurting for money, I'll ride this out. I am. Figures that this would happen right after we buy a car. My liquidity is scary low right now. Sounds like poor planning or too much car, or a mixture of both. Keep your eye on the prize and your standard of living low. If your employment is...
by LiterallyIronic
Wed Mar 11, 2020 10:24 pm
Forum: Personal Investments
Topic: Help a millennial stick to his IPS
Replies: 22
Views: 1350

Re: Help a millennial stick to his IPS

Hi all. It’s Wednesday night. My AA is 85:15. Anyways, it sure seems that the market is going to continue to crash and burn. By selling everything and then slowly buying back in over the next 6 months, I think I stand to do better than if I just held on for the ride. It’s like this: I’m quite sure ...
by LiterallyIronic
Wed Mar 11, 2020 2:55 pm
Forum: Personal Investments
Topic: officially bear market ...
Replies: 77
Views: 7107

Re: officially bear market ...

rustymutt wrote:
Wed Mar 11, 2020 2:50 pm
Since I'm not hurting for money, I'll ride this out.
I am. Figures that this would happen right after we buy a car. My liquidity is scary low right now.
by LiterallyIronic
Wed Mar 11, 2020 2:47 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 19244
Views: 2670866

Re: U.S. stocks in free fall

The bull dies this week. I can't imagine I'll see another one of that duration in my lifetime. The bull that's been going since, like, January 2019? I thought this bull market started in 2009, but maybe you and I are using different metrics. December 2018 experienced an intra-day bear market, just ...
by LiterallyIronic
Wed Mar 11, 2020 2:32 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 19244
Views: 2670866

Re: U.S. stocks in free fall

Darth Xanadu wrote:
Wed Mar 11, 2020 12:48 pm
The bull dies this week. I can't imagine I'll see another one of that duration in my lifetime.
The bull that's been going since, like, January 2019?
by LiterallyIronic
Tue Mar 10, 2020 1:51 pm
Forum: Investing - Theory, News & General
Topic: Are any early accumulators thankful for the current correction?
Replies: 185
Views: 10315

Re: Are any early accumulators thankful for the current correction?

I'm glad it's happening now. I missed the 2008/2009 crash and run-up because I was fresh out of college and couldn't find a job so I had nothing to invest until 2012. Even then, as the market kept going up, it didn't have that much of an effect because I only had a few thousand invested. A 20% annua...