Search found 174 matches

by Psyayeayeduck
Thu Aug 22, 2019 9:28 am
Forum: Personal Investments
Topic: $1M cash: how to invest
Replies: 40
Views: 3456

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: 12036
Views: 2049060

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: 10260

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: 3224

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: 3224

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: 3224

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: 5219

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: 2956

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: 1506
Views: 149411

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: 4786

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: 15197

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: 43
Views: 4331

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: 4786

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: 4786

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: 4389

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: 3889

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: 3889

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: 5726

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: 1961

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: 14009

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: 9026

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: 2213

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: 2825

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: 2747

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: 15144

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...
by Psyayeayeduck
Mon May 20, 2019 12:37 pm
Forum: Personal Finance (Not Investing)
Topic: FIRE - What am I missing in the News Stories
Replies: 223
Views: 15144

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

Wiggums wrote:
Sun May 19, 2019 9:01 am
k3vb0t wrote:
Sun May 19, 2019 8:36 am

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.
by Psyayeayeduck
Thu May 16, 2019 12:05 pm
Forum: Personal Finance (Not Investing)
Topic: Reservations about job offer
Replies: 65
Views: 4321

Re: Reservations about job offer

You went in to be interviewed for a lead position that should come with a lead position title (and the benefits that come with it). Anything short of that is a disservice to you and your career.
by Psyayeayeduck
Thu May 16, 2019 6:41 am
Forum: Investing - Theory, News & General
Topic: Did you buy the 600+ dip last week ?
Replies: 129
Views: 8676

Re: Did you buy the 600+ dip last week ?

I bought a piece of it via my Roth IRA since I haven't started contribute to it for 2019. I was going to contribute in a month regardless if the markets were up or down but the opportunity presented itself.
by Psyayeayeduck
Thu May 16, 2019 6:05 am
Forum: Personal Finance (Not Investing)
Topic: Do you reward yourself for achieving a financial goal?
Replies: 107
Views: 7029

Re: Do you reward yourself for achieving a financial goal?

Chipolte. With Guac. :moneybag :D Might even throw in chips and guac. :moneybag :moneybag Nice! We dubbed $1 million net worth the "neapolitan club" and have made a 1/2 gallon of Breyers ice cream our reward of choice. I hope it you eat the whole thing in one sitting. I would if I reached $1M net w...
by Psyayeayeduck
Wed May 15, 2019 5:25 am
Forum: Personal Finance (Not Investing)
Topic: Do you reward yourself for achieving a financial goal?
Replies: 107
Views: 7029

Re: Do you reward yourself for achieving a financial goal?

Chipolte. With Guac. :moneybag :D

Might even throw in chips and guac. :moneybag :moneybag
by Psyayeayeduck
Mon May 13, 2019 8:42 am
Forum: Personal Consumer Issues
Topic: What non frugal things save money?
Replies: 84
Views: 10908

Re: What non frugal things save money?

Anything that separates me from the ground I spend a little more for quality -- beds, shoes, tires, etc.
by Psyayeayeduck
Fri May 10, 2019 11:36 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 12036
Views: 2049060

Re: U.S. stocks in free fall

I think one can sell any time in May. I agree that, looking back, the 1st would have been better. My crystal ball failed me this time. You've got it backwards. Now is the time to BUY. Which I am doing, as it's payday. Since I ever gotten more involved with my finances years ago, I always looked for...
by Psyayeayeduck
Wed May 08, 2019 1:07 pm
Forum: Personal Investments
Topic: I will inherit 2Mil What to do with it?
Replies: 54
Views: 8410

Re: I will inherit 2Mil What to do with it?

Since the market has been on a tear the past 10 years I don't want to start investing in stocks for now. Please refer to this https://www.flickr.com/photos/7166535@N05/44364009251/ from "financial experts" who though the market was going to dip in years' past. All of them have failed. Yes, there wi...
by Psyayeayeduck
Tue May 07, 2019 6:50 am
Forum: Personal Consumer Issues
Topic: Anyone else looking forward to Game of Thrones?
Replies: 90
Views: 9026

Re: Anyone else looking forward to Game of Thrones?

I am but I also treat the books and TV show as separate entities telling similar stories. I became a TV show watcher first. Then I started reading the books with the assumption that the books & TV show will parallel each other when the series starts wrapping up (hahaha, good one Psy!). Once the TV s...
by Psyayeayeduck
Wed May 01, 2019 5:37 am
Forum: Personal Investments
Topic: Beginner investor seeks advice in record high stock market [2019]
Replies: 37
Views: 3657

Re: Beginner investor seeks advice in record high stock market [2019]

https://www.flickr.com/photos/7166535@N05/44364009251/


Many people thought the all-highs of their time were going to be followed by all-time lows. Many people got it wrong.
by Psyayeayeduck
Wed May 01, 2019 5:31 am
Forum: Investing - Theory, News & General
Topic: Too short of the time to make a judgement? FZROX/VTSAX
Replies: 14
Views: 1655

Re: Too short of the time to make a judgement? FZROX/VTSAX

This post feels like comparing an A+ with an A-. Both are fine and are passing grades.
by Psyayeayeduck
Mon Apr 29, 2019 8:33 am
Forum: Personal Finance (Not Investing)
Topic: Why do most people hate/dread learning about money and is there a good book for helping them?
Replies: 78
Views: 5369

Re: Why do most people hate/dread learning about money and is there a good book for helping them?

Because it requires things that the average person hates -- math, reading, admitting that they were doing it wrong for years, and self-sacrificing their current level lifestyle for the future.
by Psyayeayeduck
Thu Apr 25, 2019 5:39 am
Forum: Personal Investments
Topic: Dump international?
Replies: 228
Views: 16074

Re: Dump international?

Oh boy. You are shaking a hornet's nest as this is one of Boglehead's more sensitive subjects where it comes off as "too many cooks in the kitchen" with endless amounts of graphs that can be incredibly overwhelming for binary decision of keeping or dumping. For the sake of brevity, the arguments can...
by Psyayeayeduck
Wed Apr 24, 2019 8:26 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 1506
Views: 149411

Re: "S&P 500 Index closes at record high"

Who would have thought that a simple good news story would elicit such contrary opinions? Because, as tradition in Bogleheads, someone will find something negative on anything that reeks of good news. Some people can't relax for a single day without having something at the ready to be used as a cou...
by Psyayeayeduck
Wed Apr 24, 2019 8:20 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 1506
Views: 149411

Re: "S&P 500 Index closes at record high"

Who would have thought that a simple good news story would elicit such contrary opinions? Because, as tradition in Bogleheads, someone will find something negative on anything that reeks of good news. Some people can't relax for a single day without having something at the ready to be used as a cou...
by Psyayeayeduck
Thu Apr 18, 2019 7:47 am
Forum: Personal Finance (Not Investing)
Topic: Job Offer Evaluation - FANG
Replies: 114
Views: 13669

Re: Job Offer Evaluation - FANG

If you are young and single, I would say yes because the exposure to a FAANG company will provide current and future benefits to your career, financially and benefit-wise. From what I gathered from my friends who do work for a FAANG company, they usually expect their people to work more than a typic...
by Psyayeayeduck
Wed Apr 17, 2019 8:16 am
Forum: Personal Investments
Topic: How often do you check up on your investments?
Replies: 35
Views: 2374

Re: How often do you check up on your investments?

Daily. It falls under the category of "this is how the sausage is made" in my world of personal finance. Up days. Down days. It doesn't matter. I'm just fascinated on how things can rapidly grow if you follow the Bogleheads advice of lazy portfolios.
by Psyayeayeduck
Tue Apr 16, 2019 9:29 am
Forum: Personal Consumer Issues
Topic: What Are Your Simple Pleasures?
Replies: 145
Views: 12743

Re: What Are Your Simple Pleasures?

Waking up before dawn, thinking I have to be up in 2 hours and go to work, and then realizing it's Saturday! (Soon, every day will be Saturday.) I remember reading somewhere that early retirees and normal retirees alike eventually will start hating actual Saturdays since that is when everyone is do...
by Psyayeayeduck
Tue Apr 16, 2019 7:11 am
Forum: Personal Finance (Not Investing)
Topic: Do not use Personal Capital
Replies: 100
Views: 16895

Re: Do not use Personal Capital

What exactly is the issue here? Of course they have visibility into your accounts, how else would the advisor provide you with advice? Although they can have access, I should have the ability to control that access. You are using their free product on their terms. I'm surprised you think they shoul...
by Psyayeayeduck
Mon Apr 15, 2019 8:48 am
Forum: Investing - Theory, News & General
Topic: Thrift Savings Plan expenses rising
Replies: 50
Views: 4606

Re: Thrift Savings Plan expenses rising

Maybe it is me but that's an incredibly minor jump that I wouldn't lose sleep over it.
by Psyayeayeduck
Wed Apr 10, 2019 1:15 pm
Forum: Personal Consumer Issues
Topic: Are Airport Lounges Worth the Money?
Replies: 95
Views: 8672

Re: Are Airport Lounges Worth the Money?

So I just went through this when I flew to Japan from mid March to a few days ago. I used my Priority Pass that I got from my Chase Sapphire Reserve card and allowed two of my traveling companions to join with me. WORTH. EVERY. PENNY. All three of us got free drinks, a meal, a place to sit, plug out...
by Psyayeayeduck
Wed Apr 10, 2019 8:54 am
Forum: Investing - Theory, News & General
Topic: Crypto bulls are back. Are you getting in?
Replies: 278
Views: 24184

Re: Crypto bulls are back. Are you getting in?

Nope.

(Apparently I need a minimum of 5 characters to post or my original answer would have been "No." [without quotations])
by Psyayeayeduck
Mon Mar 18, 2019 5:29 am
Forum: Personal Investments
Topic: Mourning the loss of savings rate
Replies: 38
Views: 4484

Re: Mourning the loss of savings rate

This is the equivalent of mourning the loss of the A+ where a passing grade is good enough. 25% is not something to be sad about at all.
by Psyayeayeduck
Wed Mar 13, 2019 8:52 am
Forum: Personal Finance (Not Investing)
Topic: How many companies have you worked for?
Replies: 125
Views: 7126

Re: How many companies have you worked for?

5 total.

Longest: 5 years
Shortest: 1 month
by Psyayeayeduck
Tue Mar 12, 2019 6:00 am
Forum: Personal Consumer Issues
Topic: United Economy class and personal item bringing on plane
Replies: 23
Views: 2364

Re: United Economy class and personal item bringing on plane

I'm actually surprised that not many people have done this but when I'm at an airport with a small carry-on or personal item, I take a picture of my carry-on/personal item inside one of those metal dimension boxes for each of the airlines. Then I upload my pictures to my computer to be used as refer...