Search found 654 matches

by lostdog
Sun Dec 10, 2017 9:38 am
Forum: Personal Finance (Not Investing)
Topic: Does this happen to you? Educating friends about personal finance
Replies: 104
Views: 5342

Re: Does this happen to you? Educating friends about personal finance

7 out of 10 Americans live paycheck to paycheck. Most are not proactive but reactive. Why would they want to talk about savings and investing? Instead they would rather talk about: 1. Binge drinking into oblivion on weekends. 2. Keeping up with the Joneses. 3. Spend a few hours a day scrolling thoug...
by lostdog
Sat Dec 09, 2017 2:35 pm
Forum: Personal Finance (Not Investing)
Topic: Why am I still scared ? Is it actually normal ?
Replies: 73
Views: 11247

Re: Why am I still scared ? Is it actually normal ?

Read the book "The Power of Now" by Eckhardt Tolle. It changed my life.
by lostdog
Sat Dec 09, 2017 9:26 am
Forum: Personal Finance (Not Investing)
Topic: Does this happen to you? Educating friends about personal finance
Replies: 104
Views: 5342

Re: Does this happen to you? Educating friends about personal finance

I made this mistake early on with a friend. We ended up going back and forth with stats and numbers. Their assets are located at Thrivent. Thrivent has very expensive loaded funds. Also, they advertise about giving back to the community and they spend a lot of time and money giving back. I think it'...
by lostdog
Fri Dec 08, 2017 12:08 pm
Forum: Personal Finance (Not Investing)
Topic: At what age your investments start making more money than you?
Replies: 107
Views: 7073

Re: At what age your investments start making more money than you?

I don't have an answer for an age but I've seen several posts in the past that say 500k is the point where the portfolio starts to take over.
by lostdog
Thu Dec 07, 2017 6:50 pm
Forum: Investing - Theory, News & General
Topic: bitcoin - is there any real value here or is it a pure Ponzi scam?
Replies: 215
Views: 14964

Re: bitcoin - is there any real value here or is it a pure Ponzi scam?

My World of Warcraft gaming buddies are buying into bitcoin. This sounds like a bubble to me.
by lostdog
Thu Dec 07, 2017 9:50 am
Forum: Investing - Theory, News & General
Topic: Does it look like a bubble to you?
Replies: 42
Views: 3512

Re: Does it look like a bubble to you?

Nah, I'll stay the course. Your name is perfect for this instance. If you exit, I'll CULater...
by lostdog
Mon Dec 04, 2017 11:57 pm
Forum: Personal Finance (Not Investing)
Topic: Mortgage is About To Be Paid - I'm Scared!
Replies: 43
Views: 5618

Re: Mortgage is About To Be Paid - I'm Scared!

After your house is paid off your next goal is FI. Once you reach FI and then some, give your bad boss and slaveployer the middle finger and enjoy the rest of your life.
by lostdog
Mon Dec 04, 2017 6:15 pm
Forum: Personal Consumer Issues
Topic: Google Pixel 2 Verizon, Insurance Question
Replies: 7
Views: 538

Re: Google Pixel 2 Verizon, Insurance Question

I usually buy phones full retail but this deal was too hard to pass up. I had a Nexus5x but it got stuck in the infamous boot loop and it was out of warranty. I paid full retail for a Pixel 2 on Wednesday and found out today about the awesome deal. I went back in, they refunded my retail purchase a...
by lostdog
Sat Dec 02, 2017 8:37 pm
Forum: Personal Consumer Issues
Topic: Google Pixel 2 Verizon, Insurance Question
Replies: 7
Views: 538

Re: Google Pixel 2 Verizon, Insurance Question

So far it's a solid phone. I amazed Google and Verizon are giving such a good deal early on. Almost half off retail. We usually see that right before the next version is released.
by lostdog
Sat Dec 02, 2017 5:29 pm
Forum: Personal Consumer Issues
Topic: Google Pixel 2 Verizon, Insurance Question
Replies: 7
Views: 538

Google Pixel 2 Verizon, Insurance Question

I usually buy phones full retail but this deal was too hard to pass up. I had a Nexus5x but it got stuck in the infamous boot loop and it was out of warranty. I paid full retail for a Pixel 2 on Wednesday and found out today about the awesome deal. I went back in, they refunded my retail purchase an...
by lostdog
Sat Dec 02, 2017 11:36 am
Forum: Investing - Theory, News & General
Topic: bitcoin - is there any real value here or is it a pure Ponzi scam?
Replies: 215
Views: 14964

Re: bitcoin - is there any real value here or is it a pure Ponzi scam?

So let's say you have a gain of 10 million in bitcoins. You decide to sell all of it. When you sell it will there be an ACH transfer to your checking or savings? Is it that simple? No. Depends who you sell it to and the terms of payment you agree with the buyer. Bitcoin is typically traded on an ex...
by lostdog
Sat Dec 02, 2017 10:09 am
Forum: Investing - Theory, News & General
Topic: bitcoin - is there any real value here or is it a pure Ponzi scam?
Replies: 215
Views: 14964

Re: bitcoin - is there any real value here or is it a pure Ponzi scam?

So let's say you have a gain of 10 million in bitcoins. You decide to sell all of it. When you sell it will there be an ACH transfer to your checking or savings? Is it that simple?
by lostdog
Fri Dec 01, 2017 9:54 am
Forum: Investing - Help with Personal Investments
Topic: Edward Jones trap
Replies: 45
Views: 5159

Re: Edward Jones trap

I made the mistake years ago of trying g to explain low cost index funds to a friend. His family invests with a high cost loaded active funds firm. At the time it was called Lutheran Brotherhood. They have a new name now and I forget what it is. Anyway he got really defensive and we went back and fo...
by lostdog
Thu Nov 30, 2017 7:45 pm
Forum: Personal Finance (Not Investing)
Topic: So i hit 6 figures... (questions about financials)
Replies: 19
Views: 3697

Re: So i hit 6 figures... (questions about financials)

Pay off the car. Max out retirement accounts.

Don't buy a house unless you get married and have kids. If you stay single or don't have kids just rent for life. Houses are a pain in my opinion unless you really enjoy being a handyman.

Congratulations on the 100k milestone. Keep plugging away.
by lostdog
Wed Nov 29, 2017 6:02 pm
Forum: Personal Finance (Not Investing)
Topic: FIRE [financial independence/retire early]
Replies: 132
Views: 11637

Re: FIRE [financial independence/retire early]

You bet! Those simpletons will have to go back to work after 5 years of enjoying their young families, all the while you will have been working this whole time! Suckers..... I always enjoy the local animosity of those frugal fire types. Seems Bogleheads would have more in common than not with them ...
by lostdog
Tue Nov 28, 2017 8:21 pm
Forum: Personal Finance (Not Investing)
Topic: FIRE [financial independence/retire early]
Replies: 132
Views: 11637

Re: FIRE [financial independence/retire early]

A ton of blogs on FI now because of the 10 year bull run. They rarely talk about health insurance. When the bear market hits I wonder how many of those blogs will stick around. I wonder the same thing. I think it is more the blog market will saturate. MMM makes serious bank (300k+). RootOfGood is m...
by lostdog
Tue Nov 28, 2017 8:17 pm
Forum: Personal Finance (Not Investing)
Topic: FIRE [financial independence/retire early]
Replies: 132
Views: 11637

Re: FIRE [financial independence/retire early]

I've been mulling over this problem for several years. Health care seems to be the single biggest unknown for my wife and I, who are hoping to "semi-retire" (MMM-style) when I hit 50 in a couple years. We're lucky to have enjoyable careers where stepping in/out of the workforce is easy, but we woul...
by lostdog
Tue Nov 28, 2017 5:52 pm
Forum: Personal Finance (Not Investing)
Topic: FIRE [financial independence/retire early]
Replies: 132
Views: 11637

Re: FIRE [financial independence/retire early]

A ton of blogs on FI now because of the 10 year bull run. They rarely talk about health insurance. When the bear market hits I wonder how many of those blogs will stick around.
by lostdog
Sun Nov 26, 2017 1:35 pm
Forum: Personal Consumer Issues
Topic: Toyota older, "good" cars - my observations
Replies: 48
Views: 4202

Re: Toyota older, "good" cars - my observations

What is the Lexus luxury equivalent of the Corolla?
by lostdog
Sun Nov 26, 2017 11:42 am
Forum: Personal Finance (Not Investing)
Topic: The fallacy of spending money on "experiences" vs hard assets
Replies: 336
Views: 17332

Re: The fallacy of spending money on "experiences" vs hard assets

The trendy thing these days is to talk about spending money on "experiences", basically a new-age description of a vacation, and how it's better than spending money on "things", basically a new-age description of hard assets. The news is full of pop-science articles touting the benefits of this, mo...
by lostdog
Sun Nov 26, 2017 9:49 am
Forum: Personal Consumer Issues
Topic: Toyota older, "good" cars - my observations
Replies: 48
Views: 4202

Re: Toyota older, "good" cars - my observations

A few weeks back I summoned a Lyft and a gentleman picked me up in an older Avalon. I didn't ask him what year it was, but it was the same body style built from 2000-2004 or so. The LCD display in the center of the dash was almost comically large, as if designed specifically for folks with lousy up...
by lostdog
Sat Nov 25, 2017 10:14 am
Forum: Investing - Help with Personal Investments
Topic: Anyone tired of the stock market going up?
Replies: 213
Views: 15952

Re: Anyone tired of the stock market going up?

I changed how I view investing. I see it as buying more shares to help with the magic of compounding. I am buying more workers in the world economy to do the heavy lifting for me. The more little workers I buy the less time I'll have to work. Similar to when you hit FI and you're no longer a slave t...
by lostdog
Sat Nov 25, 2017 9:30 am
Forum: Personal Consumer Issues
Topic: Toyota older, "good" cars - my observations
Replies: 48
Views: 4202

Re: Toyota older, "good" cars - my observations

I am 41 and I love my 2011 Corolla. It's a smaller car but I love the pick up and being able to manuever in small spaces. Rock solid car.
by lostdog
Fri Nov 24, 2017 3:44 pm
Forum: Investing - Theory, News & General
Topic: Why does everyone keep increasing their international stock %?
Replies: 101
Views: 8760

Re: Why does everyone keep increasing their international stock %?

There are good reasons for this. Foreign stock markets account for about half the global equity market cap and efficient market logic demands that overweighting the US amounts to an active investment decision . Furthermore, while there was always a theoretical argument for international diversifica...
by lostdog
Fri Nov 24, 2017 11:08 am
Forum: Investing - Theory, News & General
Topic: Why does everyone keep increasing their international stock %?
Replies: 101
Views: 8760

Re: Why does everyone keep increasing their international stock %?

minimalistmarc wrote:
Fri Nov 24, 2017 3:08 am
If you hold less than 40% international then you are underweighting the global market cap and tilting to the US.

If you do this then you are saying that you know more than all the other investment dollars in the world.
+1
by lostdog
Fri Nov 24, 2017 11:02 am
Forum: Investing - Theory, News & General
Topic: Why does everyone keep increasing their international stock %?
Replies: 101
Views: 8760

Re: Why does everyone keep increasing their international stock %?

World market cap weighting makes sense. Buy the haystack. We are 50/50 and plan to stay there for long term.
by lostdog
Tue Nov 21, 2017 9:46 am
Forum: Personal Consumer Issues
Topic: Drive it till it dies. It died.
Replies: 54
Views: 6200

Re: Drive it till it dies. It died.

Seems a bit too early to fail. Go talk with Toyota. Rock solid indestructible cars.
by lostdog
Mon Nov 20, 2017 4:11 pm
Forum: Personal Finance (Not Investing)
Topic: Dave Ramsey says don't use credit cards, even if you pay them off
Replies: 221
Views: 13894

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

Had I followed Dave's rules in my twenties we would have e a higher networth, period.
by lostdog
Mon Nov 20, 2017 11:58 am
Forum: Personal Finance (Not Investing)
Topic: Dave Ramsey says don't use credit cards, even if you pay them off
Replies: 221
Views: 13894

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

90% of Americans are going to be worse off with credit cards than not. His advice is catered to those 90%, which is fine. It's not a good look to crash on someone that is doing good work for an overwhelming majority of Americans AS COMPARED to their alternative, which is not the BH lifestyle, which...
by lostdog
Mon Nov 20, 2017 9:26 am
Forum: Personal Finance (Not Investing)
Topic: Dave Ramsey says don't use credit cards, even if you pay them off
Replies: 221
Views: 13894

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

Please know that 7 out of 10 people in this country are leveraged to the max and live paycheck to paycheck. Bringing up the subject of personal finance to a group of friends while having a cold beer or get together is a no no. You'll get blank stares or someone will change the subject with a witty c...
by lostdog
Sun Nov 19, 2017 9:10 am
Forum: Personal Finance (Not Investing)
Topic: Why I am not happy even with OK Net Asset
Replies: 38
Views: 3716

Re: Why I am not happy even with OK Net Asset

You probably need to evaluate what would bring you contentment. Are you comparing yourself to others? What kind of lifestyle do you have? Maybe take some time to ponder yourself for awhile.
by lostdog
Sat Nov 18, 2017 10:24 am
Forum: Investing - Theory, News & General
Topic: Holding VTSAX only
Replies: 46
Views: 5649

Re: Holding VTSAX only

Even better go 50/50 VTSAX/VTIAX and call it a day. Add Total Bond funds when you get older. Simple....
by lostdog
Thu Nov 16, 2017 9:48 am
Forum: Personal Finance (Not Investing)
Topic: Did you tell anyone you paid off your mortgage?
Replies: 338
Views: 37665

Re: Did you tell anyone you paid off your mortgage?

Before you consider talking to anyone outside of your spouse or kids about finances remember to most it's a taboo subject. 70% of Americans are living paycheck to pay check and leveraged to the max. Credit card debt levels are back to the highs of 2007. I am sorry but we're the minority. Keep it to ...
by lostdog
Wed Nov 15, 2017 9:39 am
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 3120
Views: 916448

Re: What Movie Have You Recently Watched?

Blade Runner this afternoon. I agree with the 'way too long' comment, all scenes are drawn out and just last forever. Aside from that, I thought it was well done, the storyline did seem fairly coherent to me, and er, yeah, the bad guys were quite clearly identified (what is it with American movies ...
by lostdog
Wed Nov 15, 2017 9:25 am
Forum: Investing - Help with Personal Investments
Topic: Opinion of Total Stock Market Index
Replies: 21
Views: 2412

Re: Opinion of Total Stock Market Index

I am by no means a expert but all the Choose FI blogs and podcasts are pushing this. It makes me want to do the same with my investments also since I am 38. I wish we had a crystal ball. Did you happen to read the book- The simple path to Wealth by JL Collins? I have yes. I agree with him on most t...
by lostdog
Mon Nov 13, 2017 9:03 am
Forum: Investing - Help with Personal Investments
Topic: What's your weighted average expense ratio?
Replies: 65
Views: 3432

Re: What's your weighted average expense ratio?

.06 I am trying to convince my friend with a larger portfolio than myself that fees matter. He is in denial. I am hoping he will see the light soon. His portfolio is underperforming due to excessive cash holdings. He quotes returns based on the 57% invested in stocks, ignoring the 43% in cash. I tr...
by lostdog
Sun Nov 12, 2017 10:15 am
Forum: Investing - Help with Personal Investments
Topic: What's your weighted average expense ratio?
Replies: 65
Views: 3432

Re: What's your weighted average expense ratio?

.07%

Vanguard Total Stock .04%
BlackRock U.S. Equity Index M .02%
Vanguard Total International .11%
by lostdog
Sat Nov 11, 2017 2:05 pm
Forum: Personal Consumer Issues
Topic: Do you meditate?
Replies: 117
Views: 7793

Re: Do you meditate?

The Power of Now by Eckhardt Tolle changed my life. Resist nothing.
by lostdog
Sat Nov 11, 2017 8:53 am
Forum: Personal Finance (Not Investing)
Topic: Why NOT make more money?
Replies: 213
Views: 19462

Re: Why NOT make more money?

So why NOT make more money? The potential problem for me is: Why not make more money to fly in business class, to slow travel overseas in good hotels 6 months every year, to eat lobsters every week, and to buy a luxury car every three years? My answer would be money isn't everything and not everybo...
by lostdog
Fri Nov 10, 2017 9:21 am
Forum: Personal Finance (Not Investing)
Topic: Did you tell anyone you paid off your mortgage?
Replies: 338
Views: 37665

Re: Did you tell anyone you paid off your mortgage?

I think in our situation if we told our friends we paid off our mortgage we would get congratulated. We only shared with a few of them. Most of our friends only really talk about sports, binge drinking, getting fat, their kids and wearing a badge of honor in being busy working 60+ hours a week.
by lostdog
Thu Nov 09, 2017 9:08 am
Forum: Personal Consumer Issues
Topic: What do you do to keep your mind sharp?
Replies: 65
Views: 4946

Re: What do you do to keep your mind sharp?

Exercise
Read
World of Warcraft my friends/guild
by lostdog
Thu Nov 09, 2017 8:54 am
Forum: Investing - Theory, News & General
Topic: The fear of retirement, black swan, and math to dissuade the fear.
Replies: 136
Views: 13100

Re: The fear of retirement, black swan, and math to dissuade the fear.

There are plenty of retirees who own their own home, live on SS and maybe have some money in CD's. You can adapt or Darwin is going to come along and slap you in the face. To me these extremely low SWR are absurd. 4% is perfectly fine and if, especially in the early years the market is really down ...
by lostdog
Tue Nov 07, 2017 9:22 am
Forum: Investing - Theory, News & General
Topic: "$1 Million is Closer Than You Think"
Replies: 54
Views: 9508

Re: "$1 Million is Closer Than You Think"

Remember that 70% of Americans live paycheck to paycheck and are in the red. 1 million dollars may seem silly to bogleheads but it's not to the average American.
by lostdog
Mon Nov 06, 2017 10:24 am
Forum: Investing - Help with Personal Investments
Topic: Trying to keep it simple-your thoughts.
Replies: 4
Views: 697

Re: Trying to keep it simple-your thoughts.

Vanguard Total World Stock Index. One fund for your equities.
by lostdog
Mon Nov 06, 2017 9:19 am
Forum: Personal Finance (Not Investing)
Topic: Why make more money?
Replies: 134
Views: 13206

Re: Why make more money?

denovo has posted good reasons, which are certainty worthy of consideration. I'm about 10 years away from retirement, but I've seen multiple colleagues retire and then start working again (even though they don't have to). They're bored and wanting to get back into the game. If I could summarize my ...
by lostdog
Mon Nov 06, 2017 9:11 am
Forum: Investing - Theory, News & General
Topic: U.S. & International Allocation
Replies: 36
Views: 3434

Re: U.S. & International Allocation

Total World is a great fund in theory, and if it became a core fund in TD and LS funds I assume that would justify lowering its expense ratio and adding cheaper admiral shares, which would further bolster its popularity (I, for one, would recommend it to everyone!). And yes, I do think it's the nat...