Search found 199 matches

by Psyayeayeduck
Thu Feb 27, 2020 11:07 am
Forum: Personal Investments
Topic: 401k rollover from last week: re-invest all at once or dollar-cost-averaging?
Replies: 1
Views: 127

Re: 401 rollover from last week: All at once or dollar-cost-averaging?

On average, lump sum wins 2/3 of the time over DCA. So my suggestion is to see whatever is comfortable to you. Will it continue going down? Maybe. Will a turnaround happen next week and beyond? Possible. At the end of the day, you are saving and investing and that puts you ahead of most people out t...
by Psyayeayeduck
Thu Feb 27, 2020 8:40 am
Forum: Investing - Theory, News & General
Topic: Corona virus, stock market gyrations & Jack Bogle
Replies: 41
Views: 3124

Re: Corona virus, stock market gyrations & Jack Bogle

I'm with you, OP. The coronavirus has a fantastic PR department that followed others in the past -- SARS, swine flu, bird flu, Zika, etc. Honestly, it needs to beat influenza first when it comes to death counts before stressing about coronavirus and even then it is a long way. Now if it follows more...
by Psyayeayeduck
Mon Feb 10, 2020 7:42 am
Forum: Personal Consumer Issues
Topic: Are 2.1 and 1.0-amp sockets really different on a USB charger?
Replies: 48
Views: 4819

Re: Are 2.1 and 1.0-amp sockets really different on a USB charger?

Yes, they are usually different. You could test with a phone and a battery charge monitoring app (like Ampere) that will show you the charge rate after a few seconds plugged in. Thanks! Amazing. An app. Who knew? Everyone but me, I guess. OK, thanks to all who answered, I have my answer. Please rep...
by Psyayeayeduck
Thu Feb 06, 2020 10:13 am
Forum: Personal Consumer Issues
Topic: Any adult Nintendo Switch owners? Thoughts?
Replies: 29
Views: 2076

Re: Any adult Nintendo Switch owners? Thoughts?

We bought one for our kids for Christmas and have been playing it a lot as a family. I've also been playing at night after everyone is in bed. :) It's fantastic. There are a number of multiplayer games that are a lot of fun with 2+ players. We use it more than expected. We've been playing: Mario Ka...
by Psyayeayeduck
Wed Feb 05, 2020 2:25 pm
Forum: Personal Investments
Topic: Paralyzed by TSLA
Replies: 52
Views: 6263

Re: Paralyzed by TSLA

Congrats on your bet. If it were me, I would take the extra 5%, invested in some index funds, pay the tax on it, and call it a day leaving the remaining 5% as playing with house money.
by Psyayeayeduck
Wed Feb 05, 2020 10:17 am
Forum: Personal Consumer Issues
Topic: Would you drive without a spare tire?
Replies: 193
Views: 11299

Re: Would you drive without a spare tire?

Spare tires are like lawyers -- you may not need it now but will be glad when you do.
by Psyayeayeduck
Mon Feb 03, 2020 9:38 am
Forum: Personal Consumer Issues
Topic: What video games are you currently playing?
Replies: 288
Views: 37545

Re: What video games are you currently playing?

:shock: :D How in Hades did I miss this thread?! Last month, I just finished Legend of Zelda: Skyward Sword via Nintendo Wii U and would give it a 3.75/5 overall. Story-wise, it follows the Zelda formula of a princess in distress like many previous Legend of Zelda games so nothing spectacular with m...
by Psyayeayeduck
Fri Jan 31, 2020 1:04 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 18838
Views: 2633277

Re: U.S. stocks in free fall

Been buying and holding since 1990. :beer You and me both except replace 1990 with 2007. The market is going to do whatever it wants to do and I just string along. Makes me feel a little better about DCA-ing this year but the year is still young. As long as stick to my guns, I should be okay over t...
by Psyayeayeduck
Tue Jan 28, 2020 9:45 am
Forum: Personal Consumer Issues
Topic: Dog repellent when biking
Replies: 63
Views: 2910

Re: Dog repellent when biking

I usually ride with my gun. Seems like an extreme solution and, honestly, irresponsible. If this person lives in a state that allows concealed carry then they have a right to carry it whether they ride a bike or a car. I personally don't have a need because my bike riding is not through a war zone....
by Psyayeayeduck
Tue Jan 28, 2020 8:24 am
Forum: Personal Consumer Issues
Topic: Dog repellent when biking
Replies: 63
Views: 2910

Re: Dog repellent when biking

WildCat48 wrote:
Mon Jan 27, 2020 10:25 pm
I usually ride with my gun.
Seems like an extreme solution and, honestly, irresponsible.
by Psyayeayeduck
Mon Jan 13, 2020 9:55 am
Forum: Personal Finance (Not Investing)
Topic: Which Tax Software
Replies: 23
Views: 2411

Re: Which Tax Software

freetaxusa.com

They are more of a "get to the point" type and much cheaper than the big players out there (HR Block, TurboTax)
by Psyayeayeduck
Thu Jan 09, 2020 1:31 pm
Forum: Investing - Theory, News & General
Topic: In my opinion, Best Overall Retirement Article
Replies: 95
Views: 11138

Re: In my opinion, Best Overall Retirement Article

Recommendation #1 - Agree. Too many people blur needs vs wants way too many times. Recommendation #2 - Agree. Having a backup plan is always a good idea and disability insurance provides that. Recommendation #3 - Grossly disagree. The way it is worded, it seems that the author wants the reader to "w...
by Psyayeayeduck
Thu Jan 09, 2020 10:00 am
Forum: Personal Finance (Not Investing)
Topic: JPM Chase Reserve Card gets more expensive
Replies: 405
Views: 33372

Re: JPM Chase Reserve Card gets more expensive

"Benefits." More like restrictions in favor of greed and questionable companies.

Bad move, Chase. Looks like one of my other CCs will be taking the crowning jewel of my daily purchases. Hope you like the massive drop off of customers starting in April of this year.
by Psyayeayeduck
Wed Jan 08, 2020 1:15 pm
Forum: Personal Finance (Not Investing)
Topic: Living in a HCOL and making a middle class salary is a struggle
Replies: 340
Views: 20550

Re: Living in a HCOL and making a middle class salary is a struggle

Note that I am 43 with three kids, so my financial position is similar to OP's, just fast-forwarded a decade. On balance, Northern Virginia is a good spot for people like us - lots of work opportunities, nice enough, and not completely outrageous home prices / taxes. Even then, $500k isn't going to...
by Psyayeayeduck
Wed Jan 08, 2020 1:08 pm
Forum: Personal Finance (Not Investing)
Topic: Living in a HCOL and making a middle class salary is a struggle
Replies: 340
Views: 20550

Re: Living in a HCOL and making a middle class salary is a struggle

I agree 100%. $230k gross in NY means $45k total income tax (State + FICA + Fed). Where is the other $185k going? Assuming they have $36k in 401k deductions, I got $51k for State +FICA + Fed. That leaves $142k. If they did buy a house for $600k, a 30 Year Fixed mortgage of $480k at 3.75% would be $...
by Psyayeayeduck
Wed Jan 08, 2020 10:32 am
Forum: Personal Finance (Not Investing)
Topic: Living in a HCOL and making a middle class salary is a struggle
Replies: 340
Views: 20550

Re: Living in a HCOL and making a middle class salary is a struggle

Note that I am 43 with three kids, so my financial position is similar to OP's, just fast-forwarded a decade. On balance, Northern Virginia is a good spot for people like us - lots of work opportunities, nice enough, and not completely outrageous home prices / taxes. Even then, $500k isn't going to...
by Psyayeayeduck
Wed Jan 08, 2020 9:50 am
Forum: Investing - Theory, News & General
Topic: Are we in a new bull market?
Replies: 20
Views: 2227

Re: Are we in a new bull market?

No clue. I'll let you know years from now.

Until then, stay the course.
by Psyayeayeduck
Fri Jan 03, 2020 10:33 am
Forum: Personal Consumer Issues
Topic: CNBC Nightly Business Report cease production in Dec 2019
Replies: 123
Views: 7451

Re: After almost 30 years I need a replacement. Where is the best place to get business news on the net that you can wa

I try not to, to be honest. Once in a while I am guilty seeking out but it has been getting a bit much as of late. It's easier to take an average of many resources and make your own conclusions. Much of the "news" out there (disguised as newsworthy) try to grab as many clicks from users using sensat...
by Psyayeayeduck
Thu Jan 02, 2020 2:44 pm
Forum: Investing - Theory, News & General
Topic: Going from 24 to 26 pay cycles [Impact on 401(k) contributions?]
Replies: 27
Views: 1495

Re: Going from 24 to 26 pay cycles

FYI, it is possible that you may get a 27th paycheck this year depending on a few factors and how your payroll department handles them. If your first bi-weekly paycheck starts this Friday (Jan 3rd 2020), you will end up with a paycheck on Jan 1st 2021 a year from now(it's Friday as well). Since many...
by Psyayeayeduck
Thu Dec 26, 2019 10:37 am
Forum: Personal Consumer Issues
Topic: My debit card was hacked. How did it happen?
Replies: 27
Views: 2539

Re: My debit card was hacked. How did it happen?

AlohaJoe wrote:
Wed Dec 25, 2019 7:21 pm
Nowizard wrote:
Wed Dec 25, 2019 4:45 pm
They are not as secure as regular CC.
How are they less secure?
Debit cards have no buffer between you and your cash.

Credit cards have the credit card company as a buffer between you and your cash.
by Psyayeayeduck
Thu Dec 26, 2019 9:42 am
Forum: Non-US Investing
Topic: Would a stable job (i.e. your current salary) + investments on an index tracking fund be enough for YOU?
Replies: 32
Views: 2165

Re: Would a stable job (i.e. your current salary) + investments on an index tracking fund be enough for YOU?

Absolutely. As long as it meets my needs with a some wants along the way, I'm content with stability in salary and investments. The K.I.S.S. method - Keep It Simple, Stupid - works well. Why fix something that isn't broken? It may be boring but it usually works with enough time. Some out there would...
by Psyayeayeduck
Wed Dec 18, 2019 9:37 am
Forum: Personal Finance (Not Investing)
Topic: Is any one uncomfortable with their wealth?
Replies: 152
Views: 12125

Re: Is any one uncomfortable with their wealth?

Is there more I should be doing? If you are living off comfortably well within your means, you are probably doing everything right even if you don't see it now. It's perfectly fine to relax and enjoy the fruits of your labor but if it requires you to increase cash-at-hand, then do so. At 60% bonds,...
by Psyayeayeduck
Thu Dec 12, 2019 11:08 am
Forum: Investing - Theory, News & General
Topic: Retiring at 24 - Extreme FIRE is it possible?
Replies: 158
Views: 13625

Re: Retiring at 24 - Extreme FIRE is it possible?

Based on these comments, it is a nice reminder to keep your stories to yourself. Arguing on technicalities, predictions, whether one is using the term "retired" correctly or not, and etc. is just inviting endless squabble between people who have really little say on your finances and will make assum...
by Psyayeayeduck
Fri Oct 25, 2019 8:48 am
Forum: Personal Finance (Not Investing)
Topic: Who does your tax returns?
Replies: 103
Views: 6048

Re: Who does your tax returns?

freetaxusa.com -- Simple, clean, and relatively cheap.

I avoid TurboTax and H&R Block like the plague for reasons that I won't go into because it would violate Bogleheads rules.
by Psyayeayeduck
Wed Oct 23, 2019 7:15 am
Forum: Personal Investments
Topic: How do you get over an investing mistake?
Replies: 42
Views: 2302

Re: How do you get over an investing mistake?

Stop focusing on the A+ whereas a passing grade does the same job.
by Psyayeayeduck
Thu Aug 22, 2019 9:28 am
Forum: Personal Investments
Topic: $1M cash: how to invest
Replies: 40
Views: 3915

Re: $1M cash: how to invest

Well, just the overall picture you provided shows that you are in a great position to invest (lump sum or DCA) or pay off your mortgage if you wanted to. All of the options presented to you in this thread have pros and cons to them. Since no one knows what you are comfortable with, no one in this th...
by Psyayeayeduck
Wed Aug 14, 2019 9:04 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 18838
Views: 2633277

Re: U.S. stocks in free fall

My horizon is at least 50 years and probably 90 for the funds I hope to pass on. Heh, you're the first 6-year old I've seen on this site. Nice! Well, the Bogleheads are a smart bunch! Even the child prodigies post here. Pretty smart 6 year old. Reminds me of the e-trade commercials a decade ago wit...
by Psyayeayeduck
Mon Aug 12, 2019 5:58 am
Forum: Personal Consumer Issues
Topic: Healthy fast food
Replies: 152
Views: 11701

Re: Healthy fast food

I travel a lot. When traveling, I consider Chick-fil-A and Subway health. I do not consider McDonalds, Jack-in-the-Box or Taco Bell healthy. While there are unhealthy options, Taco Bell is considered one of the healthiest fast food chains. https://www.msn.com/en-us/health/nutrition/taco-bell-is-off...
by Psyayeayeduck
Mon Aug 05, 2019 6:54 am
Forum: Personal Investments
Topic: Pay off $17k student loan or max out 401k this year?
Replies: 48
Views: 3607

Re: Pay off $17k student loan or max out 401k this year?

Paying down loans versus investing I'm very surprised that there is no mention of how incredibly tough it is to get student loans discharged via bankruptcy if the unfortunate event happens. That, in itself, is a very strong contender in paying student loans off (assuming one meets an employer's mat...
by Psyayeayeduck
Fri Aug 02, 2019 11:29 am
Forum: Personal Investments
Topic: Pay off $17k student loan or max out 401k this year?
Replies: 48
Views: 3607

Re: Pay off $17k student loan or max out 401k this year?

Paying down loans versus investing I'm very surprised that there is no mention of how incredibly tough it is to get student loans discharged via bankruptcy if the unfortunate event happens. That, in itself, is a very strong contender in paying student loans off (assuming one meets an employer's mat...
by Psyayeayeduck
Fri Aug 02, 2019 11:20 am
Forum: Personal Investments
Topic: Pay off $17k student loan or max out 401k this year?
Replies: 48
Views: 3607

Re: Pay off $17k student loan or max out 401k this year?

Paying down loans versus investing I'm very surprised that there is no mention of how incredibly tough it is to get student loans discharged via bankruptcy if the unfortunate event happens. That, in itself, is a very strong contender in paying student loans off (assuming one meets an employer's mat...
by Psyayeayeduck
Thu Jul 25, 2019 9:36 am
Forum: Personal Finance (Not Investing)
Topic: How do you deal with looking bad compared to others?
Replies: 77
Views: 5692

Re: How do you deal with looking bad compared to others?

John Doe 123 wrote:
Wed Jul 24, 2019 11:05 pm
Spend less time around toxic/superficial people would be my suggestion.
+1000

A simple change of who you allow in your life makes a dramatic impact on the quality of life. Easily one of the highest rate of returns in life.
by Psyayeayeduck
Thu Jul 18, 2019 11:38 am
Forum: Personal Finance (Not Investing)
Topic: Why Personal Finance is not taught in Schools in the US
Replies: 59
Views: 3293

Re: Why Personal Finance is not taught in Schools in the US

Once upon a time, Home Economics classes included personal finance like balancing a budget, how to write a check book, and such along with other areas like cooking, baking, and sewing. Anything that included the home, it was there in some fashion. I have no clue what today's version of Home Ec looks...
by Psyayeayeduck
Wed Jul 10, 2019 1:09 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 5734
Views: 490313

Re: S&P 500 hit 3,000 today

DaftInvestor wrote:
Wed Jul 10, 2019 9:17 am
Now its only 2997 - uh-oh.
Sorry, I added more money to my retirement accounts. My bad. Naughty Psyduck. Bad! :twisted:
by Psyayeayeduck
Mon Jun 24, 2019 8:04 am
Forum: Personal Consumer Issues
Topic: Prius vs Prius Prime (plug-in)
Replies: 78
Views: 5333

Re: Low Prius Inventory-change strategy?

For what it's worth, I own a Prius and would not buy another one. After 4 years of ownership I'm tired of the stigma. I'm tired of getting coal rolled, cut off, tailgated, and people speeding up when I try to pass because their ego won't let them be passed by a "slow car". I know it's the car and n...
by Psyayeayeduck
Thu Jun 20, 2019 8:20 am
Forum: Investing - Theory, News & General
Topic: Good times: 2008 vs Now
Replies: 145
Views: 16483

Re: Good times: 2008 vs Now

The state of the economy is generally irrelevant to me. Bad things can happen during good times, good things can happen during bad times, and everything in between. People still get laid off, get pay raises/bonuses, move jobs, get sick, die, and so forth even in the best of times. What I do is to ma...
by Psyayeayeduck
Thu Jun 20, 2019 5:12 am
Forum: Investing - Theory, News & General
Topic: Facebook Libra Cryptocurrency - effect on stocks or bonds?
Replies: 44
Views: 5274

Re: Facebook Libra Cryptocurrency - effect on stocks or bonds?

Why would I want to invest in a single company that is notorious for lying, stealing, and deceiving people with another form of "currency"? They been caught stealing information for their gain, have a poor track record in terms of regulation, and allow themselves to be a medium of spreading disinfor...
by Psyayeayeduck
Wed Jun 19, 2019 11:39 am
Forum: Personal Consumer Issues
Topic: Prius vs Prius Prime (plug-in)
Replies: 78
Views: 5333

Re: Low Prius Inventory-change strategy?

I don't care what some random losers on the road think. I care what they do when they create dangerous situations when they're playing "get in front of the Prius." There will always be dangerous situations on the road regardless of the type of car you drive. Being aware is part of being a good driv...
by Psyayeayeduck
Wed Jun 19, 2019 9:11 am
Forum: Personal Consumer Issues
Topic: Prius vs Prius Prime (plug-in)
Replies: 78
Views: 5333

Re: Low Prius Inventory-change strategy?

For what it's worth, I own a Prius and would not buy another one. After 4 years of ownership I'm tired of the stigma. I'm tired of getting coal rolled, cut off, tailgated, and people speeding up when I try to pass because their ego won't let them be passed by a "slow car". I know it's the car and n...
by Psyayeayeduck
Thu Jun 06, 2019 9:55 am
Forum: Personal Investments
Topic: This market just scares me...
Replies: 43
Views: 4604

Re: This market just scares me...

There have been many "financial experts" that said the same thing since 2012. All of them were wrong. https://www.flickr.com/photos/7166535@N05/44364009251/ Now don't get me wrong, one day someone will be right and will be hailed a genius and use that as their platform to call on the next correction...
by Psyayeayeduck
Mon Jun 03, 2019 10:40 am
Forum: Personal Finance (Not Investing)
Topic: Invited to vacation house then surprised with expenses—what now?
Replies: 64
Views: 4117

Re: Invited to vacation house then surprised with expenses—what now?

I'm surprised you thought you would not have to contribute your share of the expenses. Our families do this all the time. No one has ever been under the impression that they would not pay no matter who invited who. I'm surprised that it is okay to drop financial bombs just because they are family. ...
by Psyayeayeduck
Mon Jun 03, 2019 9:34 am
Forum: Personal Finance (Not Investing)
Topic: Invited to vacation house then surprised with expenses—what now?
Replies: 64
Views: 4117

Re: Invited to vacation house then surprised with expenses—what now?

I'm surprised you thought you would not have to contribute your share of the expenses. Our families do this all the time. No one has ever been under the impression that they would not pay no matter who invited who. I'm surprised that it is okay to drop financial bombs just because they are family. ...
by Psyayeayeduck
Thu May 30, 2019 5:52 am
Forum: Investing - Theory, News & General
Topic: Jim Cramer
Replies: 59
Views: 6210

Re: Jim Cramer

He's loud, opinionated, and all over the place on a daily basis. Perfect for TV.

Remember that a TV's show purpose is for viewers to watch TV ads which translates to :moneybag. The TV show itself is just a distraction for ads.
by Psyayeayeduck
Fri May 24, 2019 10:04 am
Forum: Personal Investments
Topic: Need help managing excess taxable income
Replies: 16
Views: 2056

Re: Need help managing excess taxable income

More recently I’ve been spending some money (about $3000 so far, what will probably be around $8000 more tops) collecting vintage Pokemon cards. Probably a higher risk investment than the market but they’re reminiscent of my childhood so I don’t really care too much if they drop in value and/or mig...
by Psyayeayeduck
Thu May 23, 2019 8:59 am
Forum: Personal Finance (Not Investing)
Topic: Should I encourage my kids to work in high school/college?
Replies: 224
Views: 15493

Re: Should I encourage my kids to work in high school/college?

My $0.02. I am not thrilled with the notion of working during high school especially since there is not much flexibility when it comes to scheduling during the Fall/Spring semesters. During the summer, I don't see much of a problem -- keeps them occupied, earns them a paycheck, give them a taste of ...
by Psyayeayeduck
Wed May 22, 2019 8:14 am
Forum: Personal Consumer Issues
Topic: Anyone else looking forward to Game of Thrones?
Replies: 90
Views: 9507

Re: Anyone else looking forward to Game of Thrones?

I guess I am not the only one upset at this season. Pretty terrible final episode (and final season in total) huh? Guess I will be reading the book :annoyed https://static01.nyt.com/images/2019/05/16/us/game-of-thrones-imdb-ratings-promo-1558052978407/game-of-thrones-imdb-ratings-promo-155805297840...
by Psyayeayeduck
Wed May 22, 2019 7:39 am
Forum: Personal Finance (Not Investing)
Topic: Should I pay off my student loans early?
Replies: 22
Views: 2356

Re: Should I pay off my student loans early?

I would pay it off early and ASAP. Student loans are nearly immune from being written off in bankruptcy and that enough reason, for me, to get rid of them.
by Psyayeayeduck
Tue May 21, 2019 7:41 am
Forum: Personal Consumer Issues
Topic: Best SIM card for travel in Europe?
Replies: 38
Views: 3140

Re: Best SIM card for travel in Europe?

Google Fi https://fi.google.com/about/ +1 I am a former Verizon user and they wanted me to pay $10/day on top of my data usage when I ventured to Europe and Japan for the number of days I was on travel. It was cheaper to buy a new phone via Google and use Google Fi through them than go through Veri...
by Psyayeayeduck
Mon May 20, 2019 2:02 pm
Forum: Personal Consumer Issues
Topic: Car repairs: what to do next time
Replies: 42
Views: 2952

Re: Car repairs: what to do next time

I approach car maintenance costs as a renewal service of your car for a period of time (usually 6 months). So if I had a car maintenance cost of $1700, I would ask myself if I would pay $283.33/mo ($1700 divided by 6 months) to continue driving my car. Then compare that amount to someone who is payi...
by Psyayeayeduck
Mon May 20, 2019 1:27 pm
Forum: Personal Finance (Not Investing)
Topic: FIRE - What am I missing in the News Stories
Replies: 223
Views: 16188

Re: FIRE - What am I missing in the News Stories

I’ll imagine if we have a significant downturn you’ll start seeing articles about people who “caught on FIRE” and had to go back to work, their lives are ruined, etc. :sharebeer I like that one... I don't. It' rooting people to fail so one can feel smug about it. Overall I think FIRE is way overblo...