Search found 1330 matches

by zhiwiller
Fri Feb 16, 2024 3:46 pm
Forum: Personal Investments
Topic: Anyone have Treasury Direct. Looks to be my fault! Minor link account goof up.
Replies: 5
Views: 1195

Re: Anyone have Treasury Direct [mess up] your account? Lose $1000!

I've had multiple bad incidents with TD, the most recent being that they locked my account and it could only be unlocked by my wife calling and waiting on hold an hour during the times when she was working. We are done; we cashed our I-bonds and if we need TIPS or Treasuries, we will just do it through Vanguard.
by zhiwiller
Fri Feb 16, 2024 9:19 am
Forum: Personal Finance (Not Investing)
Topic: What's The Latest On Tap, Swipe, Or Insert?
Replies: 44
Views: 3918

Re: What's The Latest On Tap, Swipe, Or Insert?

Who cares about credit card security anymore? Every couple years I get a text about my card being used in some other country, I call the number on the card, and in ten minutes there is a new card being fedexed to my house, while all my subscriptions update automatically. I have never once given any thought to whether one way to use the card is more secure than another. +1 Way too many people take it as it's their responsibility to monitor their card use second by second. Not me. I'm not doing their work for them. I haven't discovered a not-me charge in years. I've seen where card's computer finds the fraud, but none recently. I never use my ATM card for a purchase, but DW occasionally does at the supermarket when she needs some cash back. ...
by zhiwiller
Wed Nov 29, 2023 10:08 am
Forum: Personal Consumer Issues
Topic: Are newer Kindles any faster?
Replies: 52
Views: 7017

Re: Are newer Kindles any faster?

I have the 2022 Paperwhite which I got after stepping on my beloved Kindle Voyage, RIP. The Paperwhite does seem faster and has USB-C, but I dearly miss the physical page buttons. They need to bring the Voyage back.
by zhiwiller
Tue Oct 24, 2023 1:22 pm
Forum: Personal Consumer Issues
Topic: Frankfurt: 18+ hr overnight layover
Replies: 83
Views: 7702

Re: Frankfurt: 18+ hr overnight layover

Lufthansa's delays caused me to miss a connection in FRA and they gave me a voucher to spend the night at a hotel (Moxy) in Gateway Gardens. Apparently their only clientele at the time was missed connections. I had one of the worst meals I'd ever had at that hotel and by time I got home I had developed Covid. I can't blame that on Lufthansa/Frankfurt/Crappy Hotel, but I'm going to. 0/10 would not Frankfurt again. Essen/Dusseldorf was still great that year though. In 2015, the wife and I did a Germany tour starting in Frankfurt that was delightful, although it didn't spend much time in Frankfurt. One of the best parts was that the downtown hotel we were in started to close off traffic in front of the building for construction when we were ch...
by zhiwiller
Thu Aug 31, 2023 2:46 pm
Forum: Investing - Theory, News & General
Topic: S&P 500 versus Total Stock Market index fund
Replies: 83
Views: 10275

Re: S&P 500 versus Total Stock Market index fund

ExPatKiwi wrote: Tue Aug 29, 2023 7:18 amMaybe I should instead just invest in the S&P 500 fund index like FXAIX that only includes profit making businesses. Thoughts?
FXAIX holds AMD, Intel, Boeing, AT&T, 3M, Constellation Brands, Warner Brothers Discovery, Allstate, Carnival, Take Two, Etsy and a whole bunch of other companies that aren't making a profit.
by zhiwiller
Mon Jul 31, 2023 9:17 am
Forum: Investing - Theory, News & General
Topic: S&P 500 Fair Value = 3800
Replies: 14
Views: 1339

Re: S&P 500 Fair Value = 3800

My guess is that the market won't care what someone's fair value magic formula is and will instead be an impossibly complicated dance of supply and demand that some people will make lucky guesses on and others will whiff.
by zhiwiller
Tue Jul 18, 2023 12:53 pm
Forum: Personal Investments
Topic: Your portfolio IS a bar of soap. The more you touch, the smaller it'll get
Replies: 29
Views: 3477

Re: Your portfolio IS a bar of soap. The more you touch, the smaller it'll get

AerialWombat wrote: Tue Jul 18, 2023 10:18 am I think bar soap is disgusting
Soap is self-cleaning.
by zhiwiller
Mon Jul 17, 2023 3:34 pm
Forum: Personal Finance (Not Investing)
Topic: Florida insurance options
Replies: 123
Views: 15724

Re: Florida insurance options

BabaWawa wrote: Mon Jul 17, 2023 3:17 pm
zhiwiller wrote: Mon Jul 17, 2023 2:10 pm
katnok wrote: Sat Jul 15, 2023 5:54 pm $700/mo? That sounds like a lot (to someone who’s in AZ).
What’s the value of the house?
It's not. I moved to NY a couple years ago from FL and my taxes and homeowner's insurance flip-flopped.
Unless we're talking a several million dollar mansion on the coast, $8400 a year for insurance, even in Florida, is outrageous.
I went back and looked and my memory had exaggerated. It was closer to $5-6k.
by zhiwiller
Mon Jul 17, 2023 2:10 pm
Forum: Personal Finance (Not Investing)
Topic: Florida insurance options
Replies: 123
Views: 15724

Re: Florida insurance options

katnok wrote: Sat Jul 15, 2023 5:54 pm $700/mo? That sounds like a lot (to someone who’s in AZ).
What’s the value of the house?
It's not. I moved to NY a couple years ago from FL and my taxes and homeowner's insurance flip-flopped.
by zhiwiller
Wed Jul 12, 2023 2:05 pm
Forum: Personal Consumer Issues
Topic: Should I get new car? Go EV? If so, which?
Replies: 133
Views: 11579

Re: Should I get new car? Go EV? If so, which?

I've had an EV for six years, wouldn't go back. My wife still has an ICE car, which we've used the three times over those six years where we've needed to go further than our range. When I changed over, my insurance costs went down (probably because I wasn't switching to a Tesla), so your mileage (heh) may vary. I'm happy with the very low maintenance because I'm not a car guy and don't need that uncertainty in my life. There seems to be a lot of electric vehicle misinformation spread online.
by zhiwiller
Mon Jun 26, 2023 10:55 am
Forum: Personal Consumer Issues
Topic: Pittsburgh in July, what to eat and do?
Replies: 44
Views: 4600

Re: Pittsburgh in July, what to eat and do?

Falling water is really far from the city.

Primanti's is the good tourist option. You want to look up the Strip District. (Edit: Burgatory as mentioned above is really good, but I've had similar burgers in other cities.)
by zhiwiller
Tue Jun 20, 2023 12:18 pm
Forum: Investing - Theory, News & General
Topic: how many of ya'll invest in equal weighted S and P 500?
Replies: 80
Views: 9873

Re: how many of ya'll invest in equal weighted S and P 500?

I've used it for tax-loss harvesting VTI, as I'm paranoid of causing a wash-sale. If an IRS auditor comes by, I can show them how much those lots have been lagging VTI for proof it is substantially different.
by zhiwiller
Wed May 31, 2023 8:51 am
Forum: Personal Investments
Topic: AI stocks
Replies: 14
Views: 1614

Re: AI stocks

One of my favorite contrary indicators is how many threads on BH are about a non-BH investment angle.
by zhiwiller
Sun May 28, 2023 4:43 pm
Forum: Investing - Theory, News & General
Topic: 33 - 1.4M Net Worth Drifting From Boglehead Strategy
Replies: 179
Views: 22254

Re: 33 - 1.4M Net Worth Drifting From Boglehead Strategy

The problem nowadays is you can have degrees in English and Philosophy, and still not be able to read or write properly. I'm recalling someone I worked with not long ago specifically with those degrees. Lecturer friends tell me kids are turning up with much lower standard of numeracy and literacy than 10 years ago. And because something like 70% of colleges are in financial distress, they need the students, they let almost anyone in on clearing, and they have to lower standards to meet the students. Employers agree it would make infinitely more sense to nudge kids into apprenticeships, and leave academia for the 10-20% who are suited to it. I transitioned back to industry a couple years ago after 10 years in academia. The fall off in quali...
by zhiwiller
Thu May 25, 2023 9:29 am
Forum: Personal Consumer Issues
Topic: Daily news video - 20 to 30 minutes
Replies: 46
Views: 2320

Re: Daily news video - 20 to 30 minutes

mrmicro wrote: Thu May 25, 2023 9:15 am That is truly unfortunate. I assumed there would be some video or audio source that would allow me to know the top N things that happen in a day. The aim was to not fall behind. The problem i am trying to solve is that i find myself parsing through cnn, bbc, nytimes etc. and feel it takes a lot of time to truly parse real news and consume it.
Not video, but I subscribe to 1440 news (join1440.com). They send an email newsletter every day with the daily headlines. There's usually a couple interesting links in there that I end up following. But overall, it's a quick summary of the "daily happenings". Quicker than video too since it is easy to parse.
by zhiwiller
Mon May 22, 2023 10:08 am
Forum: Personal Consumer Issues
Topic: What video games are you currently playing?
Replies: 528
Views: 86732

Re: What video games are you currently playing?

cantos wrote: Mon May 22, 2023 9:03 am Disco Elysium - just started, have high hopes for this one.
Top 10 game for me right there.

Been playing Honkai: Star Rail, a F2P single player RPG. Made by the folks that did Genshin Impact (F2P Zelda Breath of the Wild). As long as you don't have an addictive gambling personality that will get you deep into their gacha spending systems, you can play a $60 AAA game for nothing or next to nothing. I played Genshin for hundreds of hours and spent $5.
by zhiwiller
Thu May 11, 2023 1:55 pm
Forum: Personal Investments
Topic: Is it time to buy the dip in regional banks?
Replies: 72
Views: 8888

Re: Is it time to buy the dip in regional banks?

This is Bogleheads, so you aren't going to get a good discussion of this here, I think.

I feel the same way, but what do I know that the market does not know?
by zhiwiller
Mon May 08, 2023 4:59 pm
Forum: Personal Consumer Issues
Topic: Snowbird! But where?
Replies: 63
Views: 8510

Re: Snowbird! But where?

I do not know your work situation, but I know that some remote folks at my company moved without checking that our company was set up to work in that state/country and had a tough time.
by zhiwiller
Mon May 08, 2023 9:38 am
Forum: Personal Investments
Topic: Recent College Grad: Beginner Portfolio Review and Advice
Replies: 18
Views: 1421

Re: Recent College Grad: Beginner Portfolio Review and Advice

At this point, it is way more important to contribute as much as you can versus what exactly the AA split is. The three tickers you listed should be more than sufficient at this point.
by zhiwiller
Sat May 06, 2023 9:14 am
Forum: Personal Consumer Issues
Topic: Any honda dealer upgrades worth it?
Replies: 28
Views: 2999

Re: Any honda dealer upgrades worth it?

Outer Marker wrote: Sat May 06, 2023 8:59 am Rustproofing, paint sealant, and pin stripes.

Not! There isn't a single dealer add I can think of that would add value.
When I lived in the southeast, the car I had that came with professional window tinting was a godsend. Never bubbled or peeled like I'd feared.

And of course the lifetime headlight fluid replacements. /s
by zhiwiller
Wed May 03, 2023 12:27 pm
Forum: Forum Issues and Administration
Topic: Let's discuss the idea of a mute button please
Replies: 15
Views: 4426

Re: Let's discuss the idea of a mute button please

I'm unaware of a Mute extension for phpBB. It seems like pretty standard feature that I'm surprised I can't find it in a minute's Googling.
by zhiwiller
Tue May 02, 2023 11:55 am
Forum: Investing - Theory, News & General
Topic: I Bonds Mega Thread (I Bond Heads Rejoice!)
Replies: 6651
Views: 1203467

Re: I Bonds Mega Thread (I Bond Heads Rejoice!)

LK2012 wrote: Fri Apr 28, 2023 6:06 pm
rockstar wrote: Fri Apr 28, 2023 3:33 pm
LK2012 wrote: Fri Apr 28, 2023 3:25 pm FYI, not only did Treasury Direct post the May 2023 Fixed Rate early (!!!), but ... the site says that they will soon be retiring the virtual keyboard.

Somebody is sprucing things up over there.
I like the virtual keyboard.
I like it too
:shock:
by zhiwiller
Mon Apr 24, 2023 5:54 pm
Forum: Personal Finance (Not Investing)
Topic: First home (fixer) for young person
Replies: 21
Views: 2032

Re: First home (fixer) for young person

When I was his age, I also considered buying a house. Got pretty serious about it, but got cold feet. I ended up losing my job less than a year later. I moved out-of-state after that during a housing recession. If I had that house, it would have been a stressful and hefty albatross. I had my relationships and career to worry about. Renting may be "throwing money away", but it is buying flexibility at the time of your life that is most likely to need it.
by zhiwiller
Fri Apr 21, 2023 1:35 pm
Forum: Personal Investments
Topic: Redneck Bank 4%
Replies: 41
Views: 6837

Re: Redneck Bank 4%

JCH10400 wrote: Fri Nov 18, 2022 9:42 pm It must be FDIC insured - the horse on their website says so.
Straight from the horse's mouth.
by zhiwiller
Mon Apr 17, 2023 12:27 pm
Forum: Personal Consumer Issues
Topic: Orlando - Kissimmee Swamp tour question
Replies: 4
Views: 477

Re: Orlando - Kissimmee Swamp tour question

FB01 wrote: Mon Apr 17, 2023 9:50 am 1) Can anyone recommend good Airboat tours in Orlando?
2) Also, as this will be first time for me in Florida, is it okay to do this tour in afternoon as I am not sure how hot it will be.
3) If I do the Swam tour, should I visit Gatorland or it will be same
4) If anyone can recommend anything that can be done in half day in Orlando
For #2: What month is it? It's always hot.
For #3: No, Gatorland is pretty great hokey tourist stuff. I think it would still be good even if you take an airboat ride.
by zhiwiller
Sat Apr 15, 2023 2:23 pm
Forum: Personal Consumer Issues
Topic: Carnegie Mellon or Stanford for computer science/robotics?
Replies: 71
Views: 7139

Re: Carnegie Mellon or Stanford for computer science/robotics?

I want to point out two things. First, as others have already mentioned, since the RA position is tied to room and board, it is likely a Resident Assistant for the dorms, not a Research Assistant. Personally, I think supervising a bunch of dorm residents is a horrible use of a graduate student's time. It would also likely mean he couldn't pursue other on-campus employment like a research position, as most dorm RAs are assigned to half-time work and most American universities limit on-campus student employment to half-time equivalent during the academic year (something my grad school called "safe harbor" rules, but I can't recall the specifics). Second, this is not the OP's son, so we're hearing things third-hand (parents->OP->for...
by zhiwiller
Thu Apr 13, 2023 9:03 am
Forum: Personal Consumer Issues
Topic: Carnegie Mellon or Stanford for computer science/robotics?
Replies: 71
Views: 7139

Re: Carnegie Mellon or Stanford for computer science/robotics?

I went to Carnegie Mellon, so I can't comment on Stanford. I never applied there. But I'd absolutely make the choice to go there again. CMU was foundational for me and even in the early 2000s was doing wild stuff with robotics.

However, that was for undergrad. Given the choice of a cherry internship/job offer, I'd probably take that.
by zhiwiller
Wed Mar 15, 2023 3:15 pm
Forum: Personal Finance (Not Investing)
Topic: How can i better my cashback rewards ?
Replies: 42
Views: 5880

Re: How can i better my cashback rewards ?

Alliant 2.5% flat without any categories, tricks, etc.
by zhiwiller
Fri Mar 10, 2023 1:43 pm
Forum: Personal Investments
Topic: Is there a threshold to ditch the three-fund portfolio and put everything into Treasuries?
Replies: 24
Views: 2611

Re: Is there a threshold to ditch the three-fund portfolio and put everything into Treasuries?

For how long? In which time period would T-bills beat a, say, 30/70 market portfolio? What if t-bills are 7% but inflation is 7%? If you have the capital and spending requirements such that you don't need to take the risk, and want to bet that inflation's effect on t-bill rates will be negligible, then sure, you can coast on it. Don't assume that longer duration will get you more yield. You can't exactly lock in the 5.25% on 12-month right now any longer on the curve.

To me, this is starting to ring the "Why not 100% XYZ?" indicator we get any time something is doing better than a balanced portfolio. "Why not 100 stocks?" in the boom times, "Why not 100% real estate" in 2007, etc.
by zhiwiller
Fri Mar 10, 2023 1:36 pm
Forum: Personal Finance (Not Investing)
Topic: Quitting without 2 weeks notice or a new job
Replies: 116
Views: 13022

Re: Quitting without 2 weeks notice or a new job

I stayed at toxic jobs for years too long. Fool me three times, shame on me extra. At no time was I ever like "boy, I wish I had stayed at that toxic job that got me sick so I could have some money". I was younger then, though, so YMMV. I also stayed at a place where there were a lot of less than ethical practices. They would also not pay unemployment when firing people because they could bully people with lawyers and no one was ever rich/brave enough to fight back. The one I know who did fight back on a wrongful termination spent years in court and ended up losing (despite overwhelming evidence). I feel with that one would need to have ironclad smoking gun proof before bringing it to anyone and even then, I just don't know. Just ...
by zhiwiller
Thu Mar 09, 2023 8:40 pm
Forum: Personal Finance (Not Investing)
Topic: Alliant CU - experiences and joint accounts?
Replies: 17
Views: 2269

Re: Alliant CU - experiences and joint accounts?

I didn't attempt to ask them to waive it.
by zhiwiller
Thu Mar 09, 2023 2:32 pm
Forum: Personal Finance (Not Investing)
Topic: Alliant CU - experiences and joint accounts?
Replies: 17
Views: 2269

Re: Alliant CU - experiences and joint accounts?

manlymatt83 wrote: Thu Mar 09, 2023 2:16 pm
zhiwiller wrote: Thu Mar 09, 2023 2:11 pm
manlymatt83 wrote: Thu Jan 26, 2023 4:35 pm Has anyone used their alliant debit card internationally at an ATM? Any issues?
I did this as recently as October and had no issues.
But you got charged the 1% fee right?
Correct. I don't think you can avoid that.
by zhiwiller
Thu Mar 09, 2023 2:11 pm
Forum: Personal Finance (Not Investing)
Topic: Alliant CU - experiences and joint accounts?
Replies: 17
Views: 2269

Re: Alliant CU - experiences and joint accounts?

manlymatt83 wrote: Thu Jan 26, 2023 4:35 pm Has anyone used their alliant debit card internationally at an ATM? Any issues?
I did this as recently as October and had no issues.
by zhiwiller
Wed Mar 01, 2023 12:16 pm
Forum: Personal Finance (Not Investing)
Topic: How to deal the fear of leaving a job to do another when you do not know the new job will work out?
Replies: 58
Views: 5576

Re: How to deal the fear of leaving a job to do another when you do not know the new job will work out?

The world is absolutely full of jobs at that level right now. I wouldn't worry about the what-ifs if you switch and it doesn't work out, especially if you don't think you will be fulfilled with the current position.

The bigger question is what your plan is from getting where you are to where you want to be in the long term. You don't need to know exactly what that is because life is random and weird, but you should have some direction to help guide your choices.
by zhiwiller
Thu Feb 16, 2023 9:27 am
Forum: Investing - Theory, News & General
Topic: Now that long TIPS yields are 60 bp off their highs I will…
Replies: 2937
Views: 611735

Re: Now that long TIPS hit a real yield above 2.0% I will…

I've been looking at funds like STIP for a while and find myself very confused by them. I see a 2.17% listed real yield at the link, but I also see a negative listed SEC yield. Distributions over the last several months have not seemingly had any relationship to the inflation rate + the real yield quoted at the time above inflation. Nor has there been capital appreciation (i.e. adding that yield to principal as an individual TIPS would). Presumably there has been price movement due to the rising short term interest rates as one would expect for any bond, but one should also see the specified yield coming into play there and I haven't seen it in the last several months. I think I understand how an individual TIPS works but I've tried to und...
by zhiwiller
Wed Feb 15, 2023 1:18 pm
Forum: Personal Consumer Issues
Topic: What Happens When EV Runs Out On The Road?
Replies: 128
Views: 10892

Re: What Happens When EV Runs Out On The Road?

Most EVs have a "turtle mode" when the battery gets really low. Combined with a portable 110/220 adapter, that's supposed to allow an EV to limp to an outlet, then charge up enough to limp again to a fast charger. That's probably a sound strategy when you're a few miles short of a fast charger, not so much if you're 50-100 miles away. I've driven an EV for 6 years now and only had this happen once. I could have sucked it up and found a charger and waited but I was soooo close to home and was being somewhat unreasonable. Eventually, the car starts shutting down non-essential systems and limiting its acceleration/top-speed. I did make it home okay. AAA will do a jump charge in some areas, but I haven't ever had to use the service. ...
by zhiwiller
Fri Jan 27, 2023 9:37 am
Forum: Personal Finance (Not Investing)
Topic: Would you rent or buy?
Replies: 8
Views: 512

Re: Would you rent or buy?

Do you know how stable this passion job will be? If it were to dry up or if you were to get bored with it in four years, how certain are you that you would still want to stay in SLC?
by zhiwiller
Wed Jan 25, 2023 8:08 am
Forum: Investing - Theory, News & General
Topic: Stock Market Game with my HS daughter
Replies: 76
Views: 6898

Re: Stock Market Game with my HS daughter

At least she isn't my age and doing this exact same game in 1999. I learned some bad lessons about CSCO.
by zhiwiller
Tue Jan 24, 2023 8:27 am
Forum: Personal Investments
Topic: Why VUSXX is showing YTD return of 1.5%
Replies: 5
Views: 672

Re: Why VUSXX is showing YTD return of 1.5%

That is 2022 YTD. On the main profile for the fund it lists as of 1/23 YTD of 0.26%
by zhiwiller
Mon Jan 23, 2023 10:10 am
Forum: US Chapters
Topic: 🎊Happy 99th Birthday to Taylor Larimore🎉
Replies: 247
Views: 15712

Re: Happy 99th Birthday to Taylor Larimore

Happiest upcoming birthday to Taylor.

He helped me on the old Morningstar boards when he was just a wee 82 year-old and I wouldn't be in the same position today without his kind and simplifying advice.
by zhiwiller
Thu Jan 12, 2023 2:24 pm
Forum: Personal Consumer Issues
Topic: Are cheapest cruises worth it? $11/night?
Replies: 71
Views: 9937

Re: Are cheapest cruises worth it? $11/night?

adamthesmythe wrote: Thu Jan 12, 2023 11:39 am Now to say you would never take a Disney cruise...truly a man of wealth and taste.
Well you won't have the wealth afterwards.

I've been on one cruise. It was awful. Literally thrown against the walls because of waves, deck was closed, etc. I'm sure plenty have good experiences. I was not one of them. More power to you if you like them.
by zhiwiller
Tue Jan 03, 2023 3:20 pm
Forum: Investing - Theory, News & General
Topic: 2023 Hedge Fund contest
Replies: 199
Views: 27249

Re: 2023 Hedge Fund contest

Desultory Cyclicals

Long: LUV
Short: DWAC, TSLA, GME
by zhiwiller
Fri Jun 10, 2022 2:13 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 36221
Views: 4652696

Re: U.S. stocks in free fall

bagastuff wrote: Fri Jun 10, 2022 12:29 pm Dancing with the bear all year is getting emotionally draining.
You don't have to come on here every day, especially if it is making you more anxious.
by zhiwiller
Thu Jun 09, 2022 3:51 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 36221
Views: 4652696

Re: U.S. stocks in free fall

Marseille07 wrote: Thu Jun 09, 2022 3:42 pm If Linden Lab could pull it off, why can't Meta?
Define "pull it off". I don't remember the market cap of Linden Labs. I'm pretty sure their business is facilitating microtransactions in other people's virtual worlds right now.
by zhiwiller
Thu May 26, 2022 1:34 pm
Forum: Personal Investments
Topic: Anyone else struggling to buy I bonds because of "Certifying Officer" signature?
Replies: 58
Views: 8667

Re: Anyone else struggling to buy I bonds because of "Certifying Officer" signature?

I had this issue since my checking is with an online bank. After bouts with Treasury customer service, they allowed me to get the signature of my county clerk of courts. Here's what I received from TD: We do not require you to obtain certification from a bank in which you have an account. Any financial institution in your area that can identify you may provide certification on the form. Note: Certifying individuals include: Officers and employees of depository institutions. Institutions that are members of Treasury signature guarantee stamp and guarantee programs. Officers and employees of corporate central credit unions, Federal Land Banks, Federal Intermediate Credit Banks and Banks for Cooperatives, the Central Bank for cooperatives, and...
by zhiwiller
Wed May 11, 2022 9:44 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 36221
Views: 4652696

Re: U.S. stocks in free fall

gtrplayer wrote: Tue May 10, 2022 10:16 pmWhen people talk about inflation, I remember begging my parents for video games in the 80’s and then realize video games cost around the same now as they did then. Also makes me think how good my blue collar middle class parents were at budgeting that they managed to afford at least some of them.
It's better than that. An NES cartridge around 1990 was ~$50. That's $110 in today's dollars. We have a survivorship bias for the classics that were great, but the average NES game was not good.

I work in video games and we are putting out a game at the end of the month. ~60 people work on it and its release price will be $0. Wild.
by zhiwiller
Mon May 09, 2022 12:16 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 36221
Views: 4652696

Re: U.S. stocks in free fall

sid hartha wrote: Mon May 09, 2022 12:14 pm Same. I bought some around $205 and just put the rest in at around $200. Hard to believe 10 years from now I'll regret it.
I have to keep telling myself that. :D
by zhiwiller
Mon May 09, 2022 11:57 am
Forum: Investing - Theory, News & General
Topic: Day Trader Army Loses All the Money It Made in Meme-Stock Era
Replies: 46
Views: 8732

Re: Day Trader Army Loses All the Money It Made in Meme-Stock Era

SuzBanyan wrote: Mon May 09, 2022 10:33 am All of those why not AARK, borrow to invest, less than 100% stocks is for wimps, etc. posts on Bogleheads were probably a leading economic indicator that the market will fall. Just like when people were getting stock tips from the shoe shine boy in 1929.
In retrospect, sure, but there have been threads like that since the start of the pandemic. When things are good, it seems obvious that the good thing will keep going. Just like there were a LOT of REIT threads up to 2008.
by zhiwiller
Mon May 09, 2022 11:10 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 36221
Views: 4652696

Re: U.S. stocks in free fall

I've had some taxable dollars that I have been buying VTI with at the top and then down every $10/share or so. Last was $205. I don't know if I'll bite at $195. The powder is running a bit low.