Search found 160 matches

by Psyayeayeduck
Thu Jun 06, 2019 9:55 am
Forum: Personal Investments
Topic: This market just scares me...
Replies: 43
Views: 4157

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: 3683

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: 3683

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: 5444

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: 1875

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: 204
Views: 11304

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: 8615

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: 2080

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: 2563

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: 2591

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: 14334

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: 14334

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: 4083

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: 8319

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: 6566

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: 6566

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: 80
Views: 9535

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: 11008
Views: 1918302

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: 8247

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: 8615

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: 3335

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: 1446

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: 4971

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: 15116

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: 935
Views: 93161

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: 935
Views: 93161

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: 101
Views: 10402

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: 2216

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: 12184

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: 97
Views: 14343

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: 4254

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: 8345

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: 147
Views: 11687

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: 4385

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: 6476

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: 2161

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...
by Psyayeayeduck
Thu Mar 07, 2019 8:35 am
Forum: Personal Consumer Issues
Topic: Talk me in/out of $35k Tesla Model 3
Replies: 286
Views: 19234

Re: Talk me in/out of $35k Tesla Model 3

Every shiny new toy eventually wears out over time.
by Psyayeayeduck
Thu Feb 28, 2019 2:25 pm
Forum: Personal Consumer Issues
Topic: Going to "cash-only" restaurants?
Replies: 109
Views: 4430

Re: Going to "cash-only" restaurants?

Shallowpockets wrote:
Thu Feb 28, 2019 8:33 am
Now, if we could only get a tipless restaurant.
It's called a fast food restaurant.
by Psyayeayeduck
Wed Feb 13, 2019 7:05 am
Forum: Personal Finance (Not Investing)
Topic: [2018 tax return - How does it compare to previous years?]
Replies: 441
Views: 31040

Re: [2018 tax return - How does it compare to previous years?]

This was the first year where I tracked my expenses, pay stubs, and the taxes I was expected to pay. It was a real eye opener as it showed me where all my money went -- federal and state taxes, FICA, pre-tax benefits, medical/dental/vision, etc. Every paycheck I recorded the amounts and compared it ...
by Psyayeayeduck
Fri Jan 18, 2019 7:34 am
Forum: Personal Finance (Not Investing)
Topic: How do I get a hotel room upgrade ?
Replies: 9
Views: 973

Re: How do I get a hotel room upgrade ?

Ok! Wonderful. It is the same place my husband and I honeymooned years ago. I will say that. I have heard of people offering money at the front desk. Seems kinda weird to me but does this work? Almost seems like bribery :/ It's a tip for service rendered. The clerk usually has some discretion as to...
by Psyayeayeduck
Fri Jan 18, 2019 6:17 am
Forum: Personal Finance (Not Investing)
Topic: Have I Now Become Out of Touch Financially? Aging question...
Replies: 90
Views: 11484

Re: Have I Now Become Out of Touch Financially? Aging question...

livesoft wrote:
Wed Jan 16, 2019 5:02 pm
I use a 2-liter bottle of Dr Pepper as my inflation index. This week they were 88 cents each, so no inflation for past 5 years.
I actually use the Price is Right as my pseudo yardstick to get a general sense of how things were cheap back then versus today's prices.
by Psyayeayeduck
Fri Jan 04, 2019 6:57 am
Forum: Personal Investments
Topic: 2019 Lump Sum IRA Contribution
Replies: 28
Views: 2033

Re: 2019 Lump Sum IRA Contribution

I will be the same thing that I have always been doing -- a combination of lump sum and DCA. Any extra money leftover from "paying myself" funds (401k, HSA, topping off emergency fund [if any]), and paying bills goes into the Roth IRA on a scheduled basis. If I managed to get a windfall along the wa...
by Psyayeayeduck
Thu Dec 27, 2018 7:18 am
Forum: Investing - Theory, News & General
Topic: What have you learned this year
Replies: 90
Views: 7088

Re: What have you learned this year

Financial - This is the first year where I tracked every single penny since the start of 2018 and my expenses ended up being just below $37600. Nearly $9000 of that was just extra expenses that could have easily cut out if need be leaving me a baseline of expenses of $28600 per year. It definitely ...
by Psyayeayeduck
Mon Dec 24, 2018 1:07 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 11008
Views: 1918302

Re: U.S. stocks in free fall

Another bear sighting!

According to CNBC, the S&P500 is officially in bear market.
by Psyayeayeduck
Thu Dec 20, 2018 2:05 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 11008
Views: 1918302

Re: U.S. stocks in free fall

We have a bear sighting! NASDAQ in official bear territory.
by Psyayeayeduck
Thu Dec 20, 2018 1:36 pm
Forum: Investing - Theory, News & General
Topic: What are you up YTD? [Year To Date]
Replies: 2338
Views: 419952

Re: What are you up YTD? [Year To Date]

+2.28% -- From One Year Ago
-7.04% -- Year to Date

When I combine the 20%+ gains from 2017 and the loss from this year, it averages out for the most part.

Meh.
by Psyayeayeduck
Thu Dec 20, 2018 10:31 am
Forum: Personal Consumer Issues
Topic: Favorite Purchase of 2018?
Replies: 255
Views: 20370

Re: Favorite Purchase of 2018?

My Planet Fitness Black Card membership. Found out recently that my work covers 100% of the costs (monthly and one-time expenses) AND my health insurance pays me $20 per month if I go to the gym 12 times a month (up to $200) which I will be using for X-mas presents from this point forward. Deferred ...
by Psyayeayeduck
Thu Dec 20, 2018 6:53 am
Forum: Personal Investments
Topic: Will you contribute all $6,000 to IRA in Jan or DCA?
Replies: 32
Views: 2036

Re: Will you contribute all $6,000 to IRA in Jan or DCA?

I always do a combination of DCA and lump sum. I have a set amount every two weeks going to my Roth IRA and once in a while I'll throw in a lump sum into the mix until I hit my $6k. Gives me some comfort in doing this way. Might not get the A+ in investing but gives me a passing grade.