Search found 10076 matches

by KlangFool
Fri Oct 19, 2018 2:09 pm
Forum: Investing - Theory, News & General
Topic: How much of a dip do you want before you TLH?
Replies: 20
Views: 1195

Re: How much of a dip do you want before you TLH?

I'm surprised how much talk there is of TLH after a 9 year bull market. The market is only down a few percent. International isn't in any 9 year bull market, that's for sure. People get things from older family members who've passed every day and invest it so anything put in international the past ...
by KlangFool
Fri Oct 19, 2018 1:38 pm
Forum: Investing - Help with Personal Investments
Topic: Timing mortgage pay down
Replies: 22
Views: 1243

Re: Timing mortgage pay down

+1. I have some extra money. I could invest it any way that I want. A) I could pre-pay my mortgage at 3.49% and lose liquidity. B) I could keep the money in my money market fund at 2%. With the interest rate going up, this rate may exceed 3.49% in a year or two. C) I could invest as per my portfoli...
by KlangFool
Fri Oct 19, 2018 12:14 pm
Forum: Investing - Help with Personal Investments
Topic: What if your risk tolerance is lower than what's best for your portfolio?
Replies: 23
Views: 1462

Re: What if your risk tolerance is lower than what's best for your portfolio?

Sure, market was down 5% over the past couple of weeks (but up almost 1% so far today). But the market was up 10% this year before the drop, so your stocks are still up 5% on the year. Maybe that would help your state of mind. But here's my real takeaway. If a 5% stock market drop in a couple of we...
by KlangFool
Fri Oct 19, 2018 10:45 am
Forum: Personal Finance (Not Investing)
Topic: Should we downgrade our house?
Replies: 36
Views: 2217

Re: Should we downgrade our house?

I'd be curious if there have been any studies that show rich kids who go to low-scoring schools are more likely to be low-scoring students. https://www.washingtonpost.com/news/answer-sheet/wp/2018/07/26/no-private-schools-arent-better-at-educating-kids-than-public-schools-why-this-new-study-matters...
by KlangFool
Fri Oct 19, 2018 8:43 am
Forum: Investing - Help with Personal Investments
Topic: What if your risk tolerance is lower than what's best for your portfolio?
Replies: 23
Views: 1462

Re: What if your risk tolerance is lower than what's best for your portfolio?

Hi, Bogleheads. My AA is 37/63 now, after this slight correction. I lost more than a year's expenses in one week. Happy2BeFree, How big is the loss? 2% of your portfolio? If it is true, your portfolio is 50 times your annual expense. What is the problem? This is the problem that most of us would li...
by KlangFool
Fri Oct 19, 2018 7:24 am
Forum: Investing - Help with Personal Investments
Topic: Timing mortgage pay down
Replies: 22
Views: 1243

Re: Timing mortgage pay down

There is one thing missing from this discussion. Paying down a mortgage is a sure thing. If the mortgage is 3.5%, your return is 3.5%, done deal. When you invest that money in the market, you will earn and lose varying amounts each year. And that amount is unpredictable and unknowable. In the past,...
by KlangFool
Thu Oct 18, 2018 10:45 pm
Forum: Investing - Help with Personal Investments
Topic: Timing mortgage pay down
Replies: 22
Views: 1243

Re: Timing mortgage pay down

OP, It is very simple. Mortgage interest rate = X. Market return = Y. If Y > X, investing win. If X > Y, pay extra win. It has nothing to do with timing. If you have $500 extra, mortgage interest = 3% and market return = 7%, investing the $500 always win since 7% is greater than 3%. KlangFool P.S.:...
by KlangFool
Thu Oct 18, 2018 10:42 pm
Forum: Investing - Help with Personal Investments
Topic: Timing mortgage pay down
Replies: 22
Views: 1243

Re: Timing mortgage pay down

Folks,

When the CD interest rate hit 5%, will the folks that pre-pay their mortgage of 4% or less regret their decision?

KlangFool
by KlangFool
Thu Oct 18, 2018 10:39 pm
Forum: Investing - Help with Personal Investments
Topic: Timing mortgage pay down
Replies: 22
Views: 1243

Re: Timing mortgage pay down

OP, It is very simple. Mortgage interest rate = X. Market return = Y. If Y > X, investing win. If X > Y, pay extra win. It has nothing to do with timing. If you have $500 extra, mortgage interest = 3% and market return = 7%, investing the $500 always win since 7% is greater than 3%. KlangFool P.S.:...
by KlangFool
Thu Oct 18, 2018 10:27 pm
Forum: Investing - Help with Personal Investments
Topic: Timing mortgage pay down
Replies: 22
Views: 1243

Re: Timing mortgage pay down

I understand that, Klangfool. But that isn’t the question. Some people may have different comfort levels with debt or different goals altogether. For example, Retiring Russ may be retiring in 15 years and may decide to pay his mortgage off in 15 years as opposed to 30 years so he doesn’t have a mor...
by KlangFool
Thu Oct 18, 2018 10:23 pm
Forum: Investing - Help with Personal Investments
Topic: Timing mortgage pay down
Replies: 22
Views: 1243

Re: Timing mortgage pay down

I understand that, Klangfool. But that isn’t the question. Some people may have different comfort levels with debt or different goals altogether. For example, Retiring Russ may be retiring in 15 years and may decide to pay his mortgage off in 15 years as opposed to 30 years so he doesn’t have a mor...
by KlangFool
Thu Oct 18, 2018 9:57 pm
Forum: Investing - Help with Personal Investments
Topic: Timing mortgage pay down
Replies: 22
Views: 1243

Re: Timing mortgage pay down

OP, It is very simple. Mortgage interest rate = X. Market return = Y. If Y > X, investing win. If X > Y, pay extra win. It has nothing to do with timing. If you have $500 extra, mortgage interest = 3% and market return = 7%, investing the $500 always win since 7% is greater than 3%. KlangFool P.S.: ...
by KlangFool
Thu Oct 18, 2018 6:56 pm
Forum: Personal Finance (Not Investing)
Topic: Should we downgrade our house?
Replies: 36
Views: 2217

Re: Should we downgrade our house?

OP, << but we definitely feel a little pinched financially, especially now that we are paying for preschool and a additional childcare (for outside preschool hours).>> In my honest opinion, you are asking the wrong questions. The key question should be the public school. If you do not live in a neig...
by KlangFool
Thu Oct 18, 2018 6:43 pm
Forum: Investing - Theory, News & General
Topic: So...what’s Plan B [for your retirement security]?
Replies: 19
Views: 1738

Re: So...what’s Plan B?

OP, 1) I save 1 year of my current annual expense every year. So, as long as I am employed long enough, I have enough. I am at 20 times my current annual expense now. 2) Social security can cover 50% of my annual expense. That is my plan B. 3) I can retire to the country where I came from. I can liv...
by KlangFool
Thu Oct 18, 2018 2:32 pm
Forum: Personal Finance (Not Investing)
Topic: Paying off the mortgage early - Isn't this the opposite of "putting more money into your house"?
Replies: 80
Views: 5887

Re: Paying off the mortgage early - Isn't this the opposite of "putting more money into your house"?

After running our numbers on 2018 MFJ tax rates, I figured that we need waaaaay more than the annual P&I to keep the same standard of living by keeping the mortgage.....to the order of 1.75X in pretax income. It helped put things in perspective by putting the numbers into a matrix. Reduced Income (...
by KlangFool
Thu Oct 18, 2018 1:27 pm
Forum: Personal Finance (Not Investing)
Topic: Paying off the mortgage early - Isn't this the opposite of "putting more money into your house"?
Replies: 80
Views: 5887

Re: Paying off the mortgage early - Isn't this the opposite of "putting more money into your house"?

After running our numbers on 2018 MFJ tax rates, I figured that we need waaaaay more than the annual P&I to keep the same standard of living by keeping the mortgage.....to the order of 1.75X in pretax income. It helped put things in perspective by putting the numbers into a matrix. Reduced Income (...
by KlangFool
Thu Oct 18, 2018 11:00 am
Forum: Investing - Help with Personal Investments
Topic: Help with college age sons Roth IRA options...
Replies: 15
Views: 768

Re: Help with college age sons Roth IRA options...

I just opened up a Roth IRA for my daughter who just started college. The main advice I can offer is that you can only deposit up to the amount the child earns in a given year. For her, it will probably be about $500 like yourself. I'm going to encourage her to invest it in a low-cost total market ...
by KlangFool
Thu Oct 18, 2018 10:48 am
Forum: Investing - Help with Personal Investments
Topic: Help with college age sons Roth IRA options...
Replies: 15
Views: 768

Re: Help with college age sons Roth IRA options...

OP,

To avoid transaction cost, I would suggest that you avoid ETF and go with Vanguard mutual fund. Start a Vanguard Roth IRA and invest in Vanguard Lifestrategy Growth Fund.

https://investor.vanguard.com/mutual-fu ... file/VASGX

KlangFool
by KlangFool
Thu Oct 18, 2018 9:18 am
Forum: Personal Finance (Not Investing)
Topic: Kids inherited $8,000 each - 529 or regular brokerage?
Replies: 34
Views: 2113

Re: Kids inherited $8,000 each - 529 or regular brokerage?

OP, I will keep that money in my own taxable account. Then, when they are old enough and work some summer jobs, move the money into their Roth IRAs. Only if I am absolutely sure that they do not need financial aid, I would put the money into their taxable account and/or 529. KlangFool P.S.: My kids...
by KlangFool
Thu Oct 18, 2018 9:07 am
Forum: Personal Finance (Not Investing)
Topic: Kids inherited $8,000 each - 529 or regular brokerage?
Replies: 34
Views: 2113

Re: Kids inherited $8,000 each - 529 or regular brokerage?

OP, I will keep that money in my own taxable account. Then, when they are old enough and work some summer jobs, move the money into their Roth IRAs. Only if I am absolutely sure that they do not need financial aid, I would put the money into their taxable account and/or 529. KlangFool P.S.: My kids ...
by KlangFool
Thu Oct 18, 2018 8:46 am
Forum: Personal Finance (Not Investing)
Topic: Paying off the mortgage early - Isn't this the opposite of "putting more money into your house"?
Replies: 80
Views: 5887

Re: Paying off the mortgage early - Isn't this the opposite of "putting more money into your house"?

I'm really curious if anyone on here truly regrets paying off their mortgage. Mako52, Only folks that survive the recession posted on this forum. So, there is survivorship bias here. It is not hard to understand the following sequence is possible. A) Someone pay off their mortgage. B) The person ha...
by KlangFool
Wed Oct 17, 2018 3:01 pm
Forum: Personal Consumer Issues
Topic: Would you ever buy a lottery ticket?
Replies: 32
Views: 1251

Re: Would you ever buy a lottery ticket?

OP, 1) I may buy one ticket just for my own entertainment. 2) My uncle strike lottery 3 times. So, what is the odds of that? KlangFool Possibly good. Unless you mean that he won the powerball jackpot three times after buying only three tickets. Some people buy multiple tickets a day and brag about ...
by KlangFool
Wed Oct 17, 2018 2:39 pm
Forum: Personal Consumer Issues
Topic: Would you ever buy a lottery ticket?
Replies: 32
Views: 1251

Re: Would you ever buy a lottery ticket?

OP,

1) I may buy one ticket just for my own entertainment.

2) My uncle strike lottery 3 times. So, what is the odds of that?

KlangFool
by KlangFool
Wed Oct 17, 2018 10:58 am
Forum: Personal Finance (Not Investing)
Topic: Paying off the mortgage early - Isn't this the opposite of "putting more money into your house"?
Replies: 80
Views: 5887

Re: Paying off the mortgage early - Isn't this the opposite of "putting more money into your house"?

. That said, whether it makes sense for a particular individual or couple to accelerate the payoff of their mortage loan, or add to it with a HLOC or 2nd motgage is an entirely different question. But in either case they are simply increasing or decreasing their debt, not actually putting money int...
by KlangFool
Wed Oct 17, 2018 10:52 am
Forum: Personal Finance (Not Investing)
Topic: Paying off the mortgage early - Isn't this the opposite of "putting more money into your house"?
Replies: 80
Views: 5887

Re: Paying off the mortgage early - Isn't this the opposite of "putting more money into your house"?

B) 25% drop of a 900K portfolio is 225K. I left with 675K. My annual expense without a mortgage is 45K. I can survive for 15 years. Does this calculation include your additional available income? 1) What do you mean by that? Please explain. 2) It is irrelevant in this discussion anyhow. My point is...
by KlangFool
Wed Oct 17, 2018 10:41 am
Forum: Personal Finance (Not Investing)
Topic: Paying off the mortgage early - Isn't this the opposite of "putting more money into your house"?
Replies: 80
Views: 5887

Re: Paying off the mortgage early - Isn't this the opposite of "putting more money into your house"?

25% drop in your portfolio is $300,000. A) 25% drop of a 1.2 million portfolio is 300K. I left with 900K. My annual expense with a mortgage is 60K. I can survive for 15 years. B) 25% drop of a 900K portfolio is 225K. I left with 675K. My annual expense without a mortgage is 45K. I can survive for 1...
by KlangFool
Wed Oct 17, 2018 10:11 am
Forum: Personal Finance (Not Investing)
Topic: Paying off the mortgage early - Isn't this the opposite of "putting more money into your house"?
Replies: 80
Views: 5887

Re: Paying off the mortgage early - Isn't this the opposite of "putting more money into your house"?

25% drop in your portfolio is $300,000. A) 25% drop of a 1.2 million portfolio is 300K. I left with 900K. My annual expense with a mortgage is 60K. I can survive for 15 years. B) 25% drop of a 900K portfolio is 225K. I left with 675K. My annual expense without a mortgage is 45K. I can survive for 1...
by KlangFool
Wed Oct 17, 2018 9:59 am
Forum: Personal Finance (Not Investing)
Topic: Paying off the mortgage early - Isn't this the opposite of "putting more money into your house"?
Replies: 80
Views: 5887

Re: Paying off the mortgage early - Isn't this the opposite of "putting more money into your house"?

You don't want to put more money into the house. While I agree with this statement, it's irrelevant. I'm not suggesting a house remodel here. Again, paying down the mortgage has no impact on the price you ultimately sell your house for. Rowan Oak, My house mortgage is 300K. My portfolio is 1.2 mill...
by KlangFool
Wed Oct 17, 2018 9:10 am
Forum: Personal Finance (Not Investing)
Topic: Need guidance on charting next life steps
Replies: 27
Views: 2017

Re: Need guidance on charting next life steps

Coming back to the thread Skills - if you do end to end data management (or even most of the data management disciplines as defined by DAMA), you skills are already in very high demand. Note that this is not 'I will see you next fantastic whiz bang disruptor thingy' which frankly people who are in ...
by KlangFool
Tue Oct 16, 2018 9:20 pm
Forum: Personal Finance (Not Investing)
Topic: What do you consider 'enough'?
Replies: 71
Views: 7246

Re: What do you consider 'enough'?

OP,

My income is always "enough" for my lifestyle.

Save 1/3, spend 1/3, pay 1/3 in taxes.

I aim for Financial Independence (FI), not retirement. So, my enough number is 25 times my current annual expense.

KlangFool
by KlangFool
Tue Oct 16, 2018 3:13 pm
Forum: Investing - Theory, News & General
Topic: "Why Jack Bogle Doesn't Own Non-U.S. Stocks"
Replies: 203
Views: 10383

Re: "Why Jack Bogle Doesn't Own Non-U.S. Stocks"

Folks, Please correct me if I am wrong. Didn't I read somewhere that Jack invests in the Wellington Fund? If that is true, then, Jack has at least some money in the non-US stock since Wellington fund is 10% international stock. https://www.reuters.com/article/us-column-taylor-bogle/me-and-my-money-j...
by KlangFool
Tue Oct 16, 2018 3:09 pm
Forum: Investing - Theory, News & General
Topic: "Why Jack Bogle Doesn't Own Non-U.S. Stocks"
Replies: 203
Views: 10383

Re: "Why Jack Bogle Doesn't Own Non-U.S. Stocks"

One more point: I think I read Bogle has a net worth of $80M. Then consider that he's age 89. It really doesn't matter what Bogle invests in as that ton of money will surely last his lifetime no matter how the US performs. Those of us who are "poor" with only $2M (for example) and who are going to ...
by KlangFool
Tue Oct 16, 2018 10:50 am
Forum: Personal Consumer Issues
Topic: Corporate politics/culture
Replies: 43
Views: 3718

Re: Corporate politics/culture

The number of times I have seen "loss making" products dropped, and then the discovery that that causes your customer to shift their business, or that that product was absorbing a disproportionate part of your overheads, etc... Valuethinker, That is still a fairly sane company. How about consistent...
by KlangFool
Tue Oct 16, 2018 10:35 am
Forum: Personal Consumer Issues
Topic: Corporate politics/culture
Replies: 43
Views: 3718

Re: Corporate politics/culture

Jack FFR1846 wrote:
Tue Oct 16, 2018 9:42 am

Those at the top lie. They always lie.
Jack FFR1846,

I think you overrated their capabilities. A person has to know the truth in order to lie. They are not smart enough to lie.

KlangFool
by KlangFool
Tue Oct 16, 2018 9:35 am
Forum: Personal Consumer Issues
Topic: Corporate politics/culture
Replies: 43
Views: 3718

Re: Corporate politics/culture

OP,<br abp="686"><br abp="687">Why does any of this matters to you? What is your goal?<br abp="688"><br abp="689">In order to play any political game, you need to have the clarity of purpose first. What are you trying to achieve?<br abp="690"><br abp="691">KlangFool Yeah, I have to agree. OP,where ...
by KlangFool
Mon Oct 15, 2018 9:37 pm
Forum: Personal Consumer Issues
Topic: Corporate politics/culture
Replies: 43
Views: 3718

Re: Corporate politics/culture

OP,

Why does any of this matters to you? What is your goal?

In order to play any political game, you need to have the clarity of purpose first. What are you trying to achieve?

KlangFool
by KlangFool
Mon Oct 15, 2018 2:19 pm
Forum: Personal Consumer Issues
Topic: HDMI Splitter or Switch?
Replies: 24
Views: 1361

Re: HDMI Splitter or Switch?

OP,

It is easier for folks to help you if you provide the model number of your TV.

KlangFool
by KlangFool
Mon Oct 15, 2018 2:15 pm
Forum: Personal Finance (Not Investing)
Topic: Kids not interested in money / allowance
Replies: 50
Views: 4765

Re: Kids not interested in money / allowance

Hi BHs, I have two sons (11 & 8 years). None of them has any interest in money. Each of them has a weekly allowance of $5. 99% of the time they do not ask for it, and even if my wife/I encourage them to take it they don’t. I tried to educate them since they were little (Money doesn’t grow on trees ...
by KlangFool
Mon Oct 15, 2018 1:45 pm
Forum: Investing - Theory, News & General
Topic: Short Term Bond yield over 3%
Replies: 74
Views: 10162

Re: Short Term Bond yield over 3%

Please explain to me why folks are paying off the fixed-rate low-interest mortgage when the interest rate is going up. To hide assets from college finaid formulas (FAFSA and some CSS profile schools). http://www.thecollegesolution.com/will-your-home-equity-hurt-financial-aid-chances That only works...
by KlangFool
Mon Oct 15, 2018 1:21 pm
Forum: Investing - Help with Personal Investments
Topic: Does Timing Matter? 3 Fund Portfolio
Replies: 39
Views: 2695

Re: Does Timing Matter? 3 Fund Portfolio

Counting on being lucky is not a good planning strategy. Assuming the worst case as the base case is an even worse planning strategy. vineviz, https://personal.vanguard.com/us/insights/saving-investing/model-portfolio-allocations?lang=en The average return for 100/0 is 10.3%. The average return for...
by KlangFool
Mon Oct 15, 2018 11:06 am
Forum: Investing - Theory, News & General
Topic: Better to invest in taxable and not deferred?
Replies: 31
Views: 3029

Re: Better to invest in taxable and not deferred?

Deleted.

Off topic.

KlangFool
by KlangFool
Mon Oct 15, 2018 10:52 am
Forum: Personal Finance (Not Investing)
Topic: Lost Job, Need Advice on Next Move(s)
Replies: 5
Views: 382

Re: Lost Job, Need Advice on Next Move(s)

staythecourse wrote:
Mon Oct 15, 2018 10:48 am
My advice... Keep money liquid. Don't worry about doing IRA anything until you get another job. Sometimes it is 1 day and sometimes not. So right now liquidity is your friend.

Good luck.
+1.

OP,

What if your unemployment lasted 1 year or longer?

KlangFool
by KlangFool
Mon Oct 15, 2018 10:51 am
Forum: Personal Finance (Not Investing)
Topic: Lost Job, Need Advice on Next Move(s)
Replies: 5
Views: 382

Re: Lost Job, Need Advice on Next Move(s)

I got laid off this past Friday. Luckily we have enough funds to cover several months worth of expenses. Some quick points: 1. I will be receiving a lump sum severance. 2. I am eligible to file for unemployment (per my employer) 3. I will be added to my wife's health insurance (as a qualifying even...
by KlangFool
Sun Oct 14, 2018 9:51 pm
Forum: Personal Finance (Not Investing)
Topic: Need guidance on charting next life steps
Replies: 27
Views: 2017

Re: Need guidance on charting next life steps

But, I seriously doubt that you cannot find an equivalent position overseas with some of the larger megacorps like Amazon, Google, Microsoft, IBM, and so on We compete as well as partner with some of the names you mention. An advantage of my job is I get to learn the end-to-end of data management a...
by KlangFool
Sun Oct 14, 2018 9:16 pm
Forum: Personal Finance (Not Investing)
Topic: Need guidance on charting next life steps
Replies: 27
Views: 2017

Re: Need guidance on charting next life steps

OP, 1) I think you have a tunnel vision. I do not know your area of expertize. But, I seriously doubt that you cannot find an equivalent position overseas with some of the larger megacorps like Amazon, Google, Microsoft, IBM, and so on. And, you could be living in places like Europe or Singapore ins...
by KlangFool
Sun Oct 14, 2018 9:06 pm
Forum: Personal Finance (Not Investing)
Topic: Need guidance on charting next life steps
Replies: 27
Views: 2017

Re: Need guidance on charting next life steps

That I will get to keep my current salary if I move back is unlikely. kurious, Why? One of the fundamental questions that you need to ask and answer is if you need to move back to India and work for the same employer with the same job, how much do you want to be paid at? Please note that it is a sm...
by KlangFool
Sun Oct 14, 2018 7:57 pm
Forum: Personal Finance (Not Investing)
Topic: Need guidance on charting next life steps
Replies: 27
Views: 2017

Re: Need guidance on charting next life steps

Most of our business is in the US with some in Europe. We don't have a formal presence in India. Also, my net savings will get minimized drastically with an equivalent salary in India when accounting for PPP. I can see how my presence in EU, or India, or some place like Dubai could help the company...
by KlangFool
Sun Oct 14, 2018 6:45 pm
Forum: Personal Finance (Not Investing)
Topic: Need guidance on charting next life steps
Replies: 27
Views: 2017

Re: Need guidance on charting next life steps

OP, My opinion which may or may not help you. 1) You are making low salary while staying in Boston with 120K. So, I have no idea why do you think that this is a good job and opportunity. You are 30+. So, you are wasting valuable youth making a low salary. 2) You are from India. Let's say that you ge...
by KlangFool
Sun Oct 14, 2018 9:50 am
Forum: Investing - Theory, News & General
Topic: Has the US bull become addicted to corporate buybacks?
Replies: 16
Views: 1524

Re: Has the US bull become addicted to corporate buybacks?

OP, Do you believe what was posted in the article? Aka, the market is not necessarily efficient. It is subject to manipulation like stock buyback. If you do, what are you going to do about this? The logical conclusion would be 100% passive index investing may not be the right way to go. Then, you ne...
by KlangFool
Sun Oct 14, 2018 9:13 am
Forum: Personal Finance (Not Investing)
Topic: Weigh in on our Marital Argument =)-- HCOL edition
Replies: 70
Views: 5351

Re: Weigh in on our Marital Argument =)-- HCOL edition

OP, Some random thoughts: 1) If it is not possible to put the grandparents into the hotel, why don't A) You and your husband check into a hotel or AirBnB? B) Or, the whole family plus the grandparent check into an AirBNB? 2) Rent a 3 bedroom condo for 3 more years make a lot more sense too. << so $1...