Search found 56 matches

by Psyayeayeduck
Thu Dec 07, 2017 8:56 am
Forum: Investing - Theory, News & General
Topic: Jack Bogle Says ‘Avoid Bitcoin Like the Plague’
Replies: 157
Views: 13813

Re: Jack Bogle Says ‘Avoid Bitcoin Like the Plague’

fatlever wrote:
Thu Dec 07, 2017 8:29 am
Bitcoin has been fueled by speculation but what if it results in an economic black swan event?


You are calling it a black swan when we are smack in the middle of it not knowing if it is a black swan event or a bear's den. Seems like a foolish conclusion with limited data.
by Psyayeayeduck
Thu Dec 07, 2017 6:39 am
Forum: Investing - Theory, News & General
Topic: Jack Bogle Says ‘Avoid Bitcoin Like the Plague’
Replies: 157
Views: 13813

Re: Jack Bogle Says ‘Avoid Bitcoin Like the Plague’

Bitcoin went to over 14,000 overnight. Does this mean more people are throwing money into bitcoin or it is more valuable for some other reason. I know this is a stupid question, but I want to understand. Bitcoin feels like dot.com stocks to me, with people jumping on the momentum. But I don’t know ...
by Psyayeayeduck
Wed Dec 06, 2017 8:19 am
Forum: Investing - Help with Personal Investments
Topic: Didn't buy Bitcoin at $4600
Replies: 138
Views: 10601

Re: Didn't buy Bitcoin at $4600

More power to the people who want to play the Bitcoin game but it sounds more like a stressful mind game disguised as an investment. I don't understand it nor do I know what it tangibly produces. Everything feels like a giant Mexican standoff between buyers and sellers waiting for the other to make ...
by Psyayeayeduck
Fri Nov 10, 2017 5:59 am
Forum: Personal Finance (Not Investing)
Topic: PayPal alternative?
Replies: 47
Views: 2535

Re: PayPal alternative?

I've done Google Wallet with zero hiccups for years.
by Psyayeayeduck
Tue Nov 07, 2017 8:03 am
Forum: Personal Finance (Not Investing)
Topic: Disposable income... how?
Replies: 106
Views: 9844

Re: Disposable income... how?

My favorite commercial serves as a reminder of comparing oneself to others financially: https://www.youtube.com/watch?v=r0HX4a5P8eE
by Psyayeayeduck
Mon Oct 30, 2017 6:53 am
Forum: Local Chapters and Bogleheads Community
Topic: To Avatar or Not - Get One? How did you choose?
Replies: 128
Views: 6613

Re: To Avatar or not to Avatar . . how did you choose or not choose?

It's a popular Pokemon that I grown to love and identify as my spirit animal over the years (another is Wobbuffet) -- lovable, well-traveled, and too dimwitted for its own good.
by Psyayeayeduck
Mon Oct 30, 2017 6:43 am
Forum: Personal Finance (Not Investing)
Topic: Basic money management s/w for a mac-based millennial English major?
Replies: 21
Views: 1344

Re: Basic money management s/w for a mac-based millennial English major?

Good ol' fashion Excel worked for me. Alternatively, you can also use the "good enough" free version of Open Office or LibreOffice to keep track of expenses and such.
by Psyayeayeduck
Mon Oct 30, 2017 5:02 am
Forum: Personal Consumer Issues
Topic: Upgrade my Roku?
Replies: 34
Views: 3235

Re: Upgrade my Roku?

Timely post. I just upgraded my Roku 2 to Roku Premiere+ and it is leaps and bounds faster than my old one. I did it about a few weeks ago and love the purchase.
by Psyayeayeduck
Tue Oct 24, 2017 12:13 pm
Forum: Personal Finance (Not Investing)
Topic: Student Loan: To Pay or Not to Pay: That is the Question
Replies: 32
Views: 3047

Re: Student Loan: To Pay or Not to Pay: That is the Question

Assuming other financial areas are taken care of and not a factor in your decision, I would lean towards paying it off. Your variable rate of 3.83% is at that gray area (3%-4%) where people will argue for days on paying it off now versus chipping it away over time. The reason I'm leaning towards pay...
by Psyayeayeduck
Mon Oct 23, 2017 7:47 am
Forum: Personal Consumer Issues
Topic: Cold feet
Replies: 23
Views: 2421

Re: Cold feet

Darn Tough Socks. Easily one of the best socks out there. A little expensive but you are getting quality out of it.
by Psyayeayeduck
Thu Oct 19, 2017 9:39 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 4184
Views: 1115829

Re: U.S. stocks in freefall

Somehow I knew this thread would come back to life today. :twisted: I'm so guilty of this as of late. It's becoming my new favorite pastime -- checking this thread when there's a large drop in the markets. Never disappoints. Whether the cause is from politics, anniversaries, or some other voodoo me...
by Psyayeayeduck
Thu Oct 19, 2017 9:15 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 4184
Views: 1115829

Re: U.S. stocks in freefall

DaftInvestor wrote:
Thu Oct 19, 2017 9:03 am
S&P and Dow down only 0.5% at the moment (with NASDAQ down 1%) - let's see if this is the day some have been waiting for.
It's also the 30th Anniversary of Black Monday!

https://www.axios.com/the-30th-annivers ... ce=sidebar
by Psyayeayeduck
Tue Oct 17, 2017 8:53 am
Forum: Personal Consumer Issues
Topic: How many miles/years do you keep your car?
Replies: 108
Views: 7719

Re: How many miles/years do you keep your car?

When I got my Prius 10 years ago, it had about 19k miles. Now, it is about to cross the 110k mile mark. I kept up with the maintenance close to the recommended schedule and planning to keep her until she can't go no more. She has treated me well; I provide her the same care. From what I read from ot...
by Psyayeayeduck
Mon Oct 16, 2017 11:38 am
Forum: Personal Finance (Not Investing)
Topic: You career roots and your path to financial independence. "Actionable: steps and tips for others?
Replies: 56
Views: 5986

Re: You career roots and your path to financial independence. "Actionable: steps and tips for others?

In addition to everything else mentioned, I would also say that while Future Me welcomes a financial stable life every time I make a contribution or make smart financial moves, it is also important to take care of Present Me as well since Present Me is doing all of the work. People forget to take ca...
by Psyayeayeduck
Fri Oct 13, 2017 2:05 pm
Forum: Personal Consumer Issues
Topic: Washington DC Trip
Replies: 25
Views: 1821

Re: Washington DC Trip

My wife and I will be visiting Washington DC. We plan to see the tourists sites. We will be staying in Springfield Va and taking the metro to the Foggy Bottom metro station. We plan to get a pass for the hop on hop off bus. Can anyone recommend which bus service? Also, can any one recommend a relia...
by Psyayeayeduck
Wed Oct 11, 2017 1:53 pm
Forum: Personal Consumer Issues
Topic: Which Streaming Service/Live TV?
Replies: 53
Views: 5512

Re: Which Streaming Service/Live TV?

FYI, I live in an area with poor TV reception via rabbit years and tried out the major streaming options out there. My take: - With Sling TV, I had a relatively okay experience with them via Roku. The channel selection was okay but they didn't offer local channels except for one when I used them las...
by Psyayeayeduck
Tue Oct 10, 2017 8:26 am
Forum: Personal Finance (Not Investing)
Topic: HSA’s: What level of risk do you prefer?
Replies: 58
Views: 4090

Re: HSA’s: What level of risk do you prefer?

I was lucky enough to put in 100% in VFIAX in my HSA. Not planning to change it any time soon.
by Psyayeayeduck
Tue Oct 10, 2017 8:09 am
Forum: Personal Consumer Issues
Topic: McDonalds Rick and Morty Szechuan Sauce...$995 ?
Replies: 16
Views: 2542

Re: McDonalds Rick and Morty Szechuan Sauce...$995 ?

moghopper wrote:
Tue Oct 10, 2017 7:05 am
Psyayeayeduck wrote:
Tue Oct 10, 2017 6:19 am
...unhealthy cult following that this show has
It is neither unhealthy nor a cult. It is just a show. :annoyed
The show is fine. It's the obsessive fans that ruins it for the casual viewer. Regardless, we are going off topic so I'll lump this to "agree to disagree" and move on.
by Psyayeayeduck
Tue Oct 10, 2017 6:19 am
Forum: Personal Consumer Issues
Topic: McDonalds Rick and Morty Szechuan Sauce...$995 ?
Replies: 16
Views: 2542

Re: McDonalds Rick and Morty Szechuan Sauce...$995 ?

Combine limited availability (about 20-40 sauce packets in selected stores) with the unhealthy cult following that this show has and you get asinine prices like this (and fools who buy them). The sad part is that (1) the sauce can be found in many Americanized Chinese restaurants, (2) people waited ...
by Psyayeayeduck
Thu Oct 05, 2017 9:41 am
Forum: Investing - Help with Personal Investments
Topic: 2M savings investment help
Replies: 45
Views: 8533

Re: 2M savings investment help

tbone555 wrote:
Wed Oct 04, 2017 6:38 pm
You are overthinking this IMO. Be happy for what you have achieved at such a young age instead of what could have been.
+1

"Perfection is the enemy of good enough."
by Psyayeayeduck
Wed Oct 04, 2017 5:41 am
Forum: Personal Consumer Issues
Topic: MoviePass-Too good to be true, but it's legit.
Replies: 134
Views: 15048

Re: MoviePass-Too good to be true, but it's legit.

I guess I have no idea how this will be sustainable for the company, but I will milk this as long as I can. If I had to guess, I think it is a two-fold punch behind this. One, concession stands is where theaters make their money. So if there is more traffic coming to the theaters, that translate to...
by Psyayeayeduck
Tue Oct 03, 2017 7:54 am
Forum: Personal Finance (Not Investing)
Topic: Picking College and College Scholarships
Replies: 492
Views: 46565

Re: Picking College and College Scholarships

This will get buried with the sea of posts but hopefully one day someone reading this will follow my path regarding scholarships. As a full-ride scholarship recipient (undergrad and grad), I found some tips along the way that made life financially easier. ============================================...
by Psyayeayeduck
Thu Sep 28, 2017 2:49 pm
Forum: Investing - Theory, News & General
Topic: Which bogleheads have a "high need to take risk"?
Replies: 51
Views: 4791

Re: Which bogleheads have a "high need to take risk"?

Not me, but I see a lot of posts where people are. I think they (at least the younger ones) should be told that 80/20 and doing more saving, even if it means going without, is a far better way to reach their goal. If the goal is not worth doing without to achieve, is it really that important of a g...
by Psyayeayeduck
Tue Sep 19, 2017 11:40 am
Forum: Personal Consumer Issues
Topic: How much do you spend on "entertainment"?
Replies: 50
Views: 3602

Re: How much do you spend on "entertainment"?

I estimate about $200-$300/mo but I have a wide cast when it comes to entertainment like movies, concerts, gaming, eating out, etc. I'm a big believer in making sure the important stuff is taken care first before expanding my entertainment budget. Are the 401k, HSA, and Roth IRA being funded at a sa...
by Psyayeayeduck
Thu Sep 14, 2017 2:45 pm
Forum: Personal Finance (Not Investing)
Topic: Equifax is a mess
Replies: 21
Views: 3658

Re: Equifax is a mess

For me, I was able to put a freeze at Equifax in the evening hours when most people are away from their offices. I was able to freeze my credit with no issues at all.
by Psyayeayeduck
Wed Aug 09, 2017 8:15 am
Forum: Personal Consumer Issues
Topic: Issue with PNC Bank
Replies: 8
Views: 815

Re: Issue with PNC Bank

Advice on what to do here? Just suck it up and move on? Lesson learned, quit banking w/ PNC? Do I take it to the extreme and open up a complaint with the BBB? It's just beyond frustrating and I've been dealing with it for almost 2 months now. What you need to ask yourself is if it is worth moving t...
by Psyayeayeduck
Wed Jul 26, 2017 8:57 am
Forum: Personal Consumer Issues
Topic: YouTube TV - Anyone used or currently using?
Replies: 29
Views: 3614

Re: YouTube TV - Anyone used or currently using?

I tried it out last week to take advantage of their 1st free month promotion. Pro: - App interface is incredibly smooth on my android. You can preview live channels as you scroll the channel list. Quite handy if you want to see if your channel is on a commercial or not right there and then. - Since ...
by Psyayeayeduck
Thu Apr 20, 2017 8:14 am
Forum: Personal Finance (Not Investing)
Topic: Dedicating your bonus to something
Replies: 30
Views: 3402

Re: Dedicating your bonus to something

I got my first-ever bonus a month or so ago. I already budgeted to max out my 401k, HSA, and Roth this year so this bonus was truly a bonus. I figured that present me need some love that future me was already getting. So with the money, I spend on a few extras on myself and paid my mom's insurance d...
by Psyayeayeduck
Fri Mar 10, 2017 9:36 am
Forum: Local Chapters and Bogleheads Community
Topic: Your USER NAME...what does it mean?
Replies: 369
Views: 33882

Re: Your USER NAME...what does it mean?

Named after Psyduck -- a 1st generation water/psychic duck Pokemon whose psychic powers comes from the constant headache it has (it's why it holds its head constantly). Dimwitted-looking in a normal state, it gains tremendous attack power when the headache becomes too severe. (For reference: m) One ...
by Psyayeayeduck
Mon Oct 31, 2016 1:10 pm
Forum: Personal Consumer Issues
Topic: which engineering major for renewables
Replies: 62
Views: 5199

Re: which engineering major for renewables

From the top of my head, we have 6 or so folks with an B.S. degree, 2 with a M.S degree, and one who is a PhD with a specialization in Electromagnetics here in the DC area. Compare to the number of engineers, it's a 1-to-4ish ratio. Psyayeayeduck, 1) There are much more jobs for engineers than scie...
by Psyayeayeduck
Mon Oct 31, 2016 12:33 pm
Forum: Personal Consumer Issues
Topic: which engineering major for renewables
Replies: 62
Views: 5199

Re: which engineering major for renewables

In general, it is a bad idea to do a science degree at the undergraduate level. Many doors will be shut in the process. KlangFool I 100% wholeheartedly disagree with this (and quite surprised this statement came from you). Where I work, the engineers here usually answers the question of "how i...
by Psyayeayeduck
Mon Oct 31, 2016 12:07 pm
Forum: Personal Consumer Issues
Topic: which engineering major for renewables
Replies: 62
Views: 5199

Re: which engineering major for renewables

In general, it is a bad idea to do a science degree at the undergraduate level. Many doors will be shut in the process. KlangFool I 100% wholeheartedly disagree with this (and quite surprised this statement came from you). Where I work, the engineers here usually answers the question of "how i...
by Psyayeayeduck
Mon Oct 31, 2016 7:07 am
Forum: Personal Consumer Issues
Topic: which engineering major for renewables
Replies: 62
Views: 5199

Re: which engineering major for renewables

Primarily, either mechanical engineering or electrical engineering would work if he wants to get into design whereas a chemical engineering (or physics degree) would get into the more of the science behind renewables. The path will include your typical engineering classes, mathematics, physics, and ...
by Psyayeayeduck
Thu Sep 08, 2016 8:16 am
Forum: Personal Finance (Not Investing)
Topic: Is it typical to wait ~24 months for a meaningful/significant raise at work?
Replies: 45
Views: 4696

Re: Is it typical to wait ~24 months for a meaningful/significant raise at work?

Depending on the position, I would say this is the new norm/typical. I find this a sad statement and one of the reasons why many of today's workers (especially the younger professionals) are not loyal to companies and businesses. I know that, for me, I would never wait around for a company who don'...
by Psyayeayeduck
Thu Sep 08, 2016 6:38 am
Forum: Personal Finance (Not Investing)
Topic: Is it typical to wait ~24 months for a meaningful/significant raise at work?
Replies: 45
Views: 4696

Re: Is it typical to wait ~24 months for a meaningful/significant raise at work?

Depending on the position, I would say this is the new norm/typical. I find this a sad statement and one of the reasons why many of today's workers (especially the younger professionals) are not loyal to companies and businesses. I know that, for me, I would never wait around for a company who don'...
by Psyayeayeduck
Wed Sep 07, 2016 8:09 am
Forum: Personal Finance (Not Investing)
Topic: How to Think About Money?
Replies: 39
Views: 5250

Re: How to Think About Money?

I like to follow the Ferengi's Rules of Acquisition #024 (from Star Trek) when it comes to money and happiness: "Latinum can't buy happiness, but you can sure rent it."
by Psyayeayeduck
Mon Aug 08, 2016 12:13 pm
Forum: Personal Consumer Issues
Topic: Stats on Americans 'cutting the cable' ?
Replies: 98
Views: 12425

Re: Stats on Americans 'cutting the cable' ?

For me, I have Netflix, HBO GO, and Playstation Vue. A total cost of $55/mo. Don't need anything more than that. You left out a critical component: what do you pay for internet? I pay roughly $74/mo (after taxes) for the highest tier but I'm going to pay for internet no matter what. The three items...
by Psyayeayeduck
Fri Aug 05, 2016 12:23 pm
Forum: Personal Consumer Issues
Topic: Stats on Americans 'cutting the cable' ?
Replies: 98
Views: 12425

Re: Stats on Americans 'cutting the cable' ?

I was referring to playstation VUE... I'm afraid my statement didn't quite collapse the quantum wave function when I wrote it and came out a bit uncertain! Apparently, VUE was only available through a PS3/4 until recently. Sling has no contract either, although some have reported a lag time in gett...
by Psyayeayeduck
Fri Aug 05, 2016 12:20 pm
Forum: Personal Consumer Issues
Topic: Stats on Americans 'cutting the cable' ?
Replies: 98
Views: 12425

Re: Stats on Americans 'cutting the cable' ?

For me, I have Netflix, HBO GO, and Playstation Vue. A total cost of $55/mo. Don't need anything more than that.
by Psyayeayeduck
Mon Aug 01, 2016 12:03 pm
Forum: Personal Consumer Issues
Topic: Am I spending too much on vacation/leisure?
Replies: 16
Views: 2324

Re: Am I spending too much on vacation/leisure?

If expenses and saving are in check that you can spend extra on the fruits of today, I see no problem. For me, I do the same thing -- I save a reasonable amount, invest in my 401k/Roth IRA fully, and make sure that all my bills are paid off in full by their due dates while going on vacations, spendi...
by Psyayeayeduck
Tue Jul 19, 2016 2:34 pm
Forum: Personal Consumer Issues
Topic: Traveling to DC
Replies: 32
Views: 2254

Re: Traveling to DC

Lucky for you, I used to live in Bethesda (and the surrounding DC area) for many years so I can give you some pointers. Metro - Bethesda is on the Red Line but forewarn that this line is notorious crowded during the morning/evening rush (7a to 9a, 3p to 7p) and is prone to delays for all types of st...
by Psyayeayeduck
Mon Jul 18, 2016 11:51 am
Forum: Investing - Theory, News & General
Topic: What do you recommend for your emergency fund?
Replies: 25
Views: 3131

Re: What do you recommend for your emergency fund?

I do a tier system when it comes to my emergency fund as not all emergencies cost the same. For example, let's say that I have a 6-month emergency fund. I would use 2-3 months worth of expenses in a checking account collecting that FANTASTIC 0.1% interest ( ) just in case a car repair happens, a par...
by Psyayeayeduck
Thu Jul 14, 2016 7:13 am
Forum: Investing - Theory, News & General
Topic: "How saving too much can make your retirement less satisfying"
Replies: 52
Views: 9236

Re: "How saving too much can make your retirement less satisfying"

I think the point of the post was to embrace balance -- save enough so that you don't suffer during retirement while able to enjoy the things life has to offer when one has the time/energy (and money) for it. If one is happy to save as much as they can to become the king of a mountain of coins durin...
by Psyayeayeduck
Wed Jun 15, 2016 11:51 am
Forum: Investing - Theory, News & General
Topic: John Oliver covers retail investment industry on Last Week Tonight
Replies: 114
Views: 18633

Re: John Oliver covers retail investment industry on Last Week Tonight

The next time you are asked to give a presentation at work, make it very professional and put together may 12-15 slides. But do an experiment, drop 5 or 6 swear words and see how it goes over. My suspicion is not well. People in the course of a conversation might use one instance of profanity to st...
by Psyayeayeduck
Wed Jun 15, 2016 9:49 am
Forum: Investing - Theory, News & General
Topic: John Oliver covers retail investment industry on Last Week Tonight
Replies: 114
Views: 18633

Re: John Oliver covers retail investment industry on Last Week Tonight

I did enjoy the video but found it rather sophomoric. Of course it was sophomoric as that was the demographic that it was trying to address. If you see how your children and grandchildren communicate when you are not around, you would probably label that sophomoric as well. Unfortunately, my spouse...
by Psyayeayeduck
Thu May 19, 2016 6:52 am
Forum: Personal Finance (Not Investing)
Topic: 27 y/o, need some career advice
Replies: 45
Views: 3960

Re: 27 y/o, need some career advice

1) You think you can work 60 hours a week. Do you know you can get away with charging 20 hours O/T each week or will that cash cow end pretty quick by the company? Ding ding ding. This is a heavy assumption that OT will continue from the moment he starts the contract until the end. While OT is nice...
by Psyayeayeduck
Wed May 18, 2016 7:04 am
Forum: Personal Consumer Issues
Topic: Did your children ever completely move out?
Replies: 53
Views: 5288

Re: Did your children ever completely move out?

My siblings (age ranges between 24 to 43) are still living at home with my mom and dad while I'm the only one in my family who left the chicken coop at the prime age of 19. I took most things when I moved out except a few mementos that my mom wanted to keep around. I always had a feeling that my mom...
by Psyayeayeduck
Tue May 17, 2016 9:11 am
Forum: Personal Finance (Not Investing)
Topic: Rich But Middle Class
Replies: 233
Views: 27051

Re: Rich But Middle Class

There has been plenty of research to show that once you pass about $75,000/year money no longer buys happiness. I think OP should ponder on that. Certainly nothing wrong with having the "finer things in life" if you can afford them, but to assume that try happiness/fulfillment comes from ...
by Psyayeayeduck
Fri May 13, 2016 7:14 am
Forum: Personal Consumer Issues
Topic: How much do you give your church for your membership?
Replies: 57
Views: 3522

Re: How much do you give your church for your membership?

I know growing up that it was encouraged to give 10% as part of your tithe but not required. I have heard stories of some churches pressuring their members to give out a monthly "membership fees" especially in the bigger cities (*cough* New York *cough*) which doesn't feel right but what d...
by Psyayeayeduck
Thu May 05, 2016 11:23 am
Forum: Investing - Theory, News & General
Topic: [POLL] Learning to invest
Replies: 55
Views: 6397

Re: [POLL] Learning to invest

During my undergrad years, I had a series of poor financial choices and bad luck that put me in tens of thousands dollars in debt without noticing it until I got my graduate degree in 2007. When I finally got my big boy job, I took my finances a lot more seriously and went down a path of sacrifices ...