Search found 154 matches

by TheBogleWay
Thu Oct 11, 2018 12:23 am
Forum: Investing - Theory, News & General
Topic: Is it smart to hold more cash right now?
Replies: 16
Views: 1677

Is it smart to hold more cash right now?

I'm not entirely sure if this falls under the "market timing" umbrella, however a lot of posters here (even those who stay the course) agree that valuations are high. I'm very heavy in stocks and US stocks and they're so high right now, I'm wondering if it would be smart to increase my "emergency fu...
by TheBogleWay
Mon Sep 17, 2018 11:24 pm
Forum: Investing - Theory, News & General
Topic: Slight fear of investing in general now
Replies: 20
Views: 2202

Re: Slight fear of investing in general now

Appreciate the replies in here.
by TheBogleWay
Fri Sep 14, 2018 3:41 am
Forum: Investing - Theory, News & General
Topic: Slight fear of investing in general now
Replies: 20
Views: 2202

Re: Slight fear of investing in general now

This is completely normal. As you get older and your portfolio grows (i.e. you have more to lose) while your future earning power diminishes (i.e. you have less time to make up any losses with earnings from your work)--it is expected that you will get more risk adverse. You should probably re-exami...
by TheBogleWay
Fri Sep 14, 2018 2:43 am
Forum: Investing - Theory, News & General
Topic: Slight fear of investing in general now
Replies: 20
Views: 2202

Slight fear of investing in general now

Hi BH, For better or worse (probably worse) as I've gotten older I've defined a lot of myself based on what I *expect* I'll be able to do for my current and future family/friends as a provider. It's a giant deal to me and extremely important to me, I have a lot of people who will depend on me. On to...
by TheBogleWay
Sun Aug 19, 2018 8:59 pm
Forum: Personal Finance (Not Investing)
Topic: Odd credit issue? (took out loan for ring and credit drops 90 pts?)
Replies: 15
Views: 1033

Re: Odd credit issue? (took out loan for ring and credit drops 90 pts?)

There have been three to four posts in the past week about a credit score "mysteriously" dropping. What do almost all have in common? Credit Karma. Credit Karma is not a FICO score. It is a Vantage 3.0 score. Virtually no one uses that score for anything of any value, they use FICO. If you have acc...
by TheBogleWay
Sun Aug 19, 2018 8:26 pm
Forum: Personal Finance (Not Investing)
Topic: Odd credit issue? (took out loan for ring and credit drops 90 pts?)
Replies: 15
Views: 1033

Re: Odd credit issue? (took out loan for ring and credit drops 90 pts?)

After a quick Google search, I may have found out what happened. It turns out that instead of a more traditional loan, what they do is use Wells Fargo and essentially open up a credit card. So, it instantly looks like I took a 20k credit limit credit card and maxed it. I'm not entirely happy about t...
by TheBogleWay
Sun Aug 19, 2018 8:12 pm
Forum: Personal Finance (Not Investing)
Topic: Odd credit issue? (took out loan for ring and credit drops 90 pts?)
Replies: 15
Views: 1033

Odd credit issue? (took out loan for ring and credit drops 90 pts?)

Hi All, I just recently got engaged. I splurged on a ring, which is abnormal for me/us as it's $20k, but that's less than a months income and not too big of a deal. Don't judge me... we're normally very very big savers and live frugal. The store had a 0% interest option for a 12 month loan, so natur...
by TheBogleWay
Sat Aug 18, 2018 12:56 am
Forum: Investing - Theory, News & General
Topic: Remind me (again) how real estate isn't a GREAT investment?
Replies: 158
Views: 13900

Re: Remind me (again) how real estate isn't a GREAT investment?

Are you confusing the down payment requirements for an owner occupied home vs an investment property? 0% down you say? I don't know, am I? I know you can get a mortgage with 0% down these days, you pay a bit in interest rate and some insurance fees on the home but it's possible, assumed you could d...
by TheBogleWay
Sat Aug 18, 2018 12:16 am
Forum: Investing - Theory, News & General
Topic: Remind me (again) how real estate isn't a GREAT investment?
Replies: 158
Views: 13900

Re: Remind me (again) how real estate isn't a GREAT investment?

Pretty frequently I'll hear people say they "bought" a rental property, and the tenant's rent covers the entire mortgage payment. It sounds like that's not uncommon at all. In fact, it sounds more common that rent covers the mortgage payment than the opposite. Many even say it covers the mortgage a...
by TheBogleWay
Fri Aug 17, 2018 11:39 pm
Forum: Investing - Theory, News & General
Topic: Remind me (again) how real estate isn't a GREAT investment?
Replies: 158
Views: 13900

Re: Remind me (again) how real estate isn't a GREAT investment?

Besides the cost of the down payment, you are not factoring in: Potential months not rented while looking for new tenants. Cost of upkeep / repairs on building. Time spent on finding reliable contractors / plumbers / electricians to do those repairs. Cost to repair damage tenants may cause. Possibi...
by TheBogleWay
Fri Aug 17, 2018 11:17 pm
Forum: Investing - Theory, News & General
Topic: Remind me (again) how real estate isn't a GREAT investment?
Replies: 158
Views: 13900

Remind me (again) how real estate isn't a GREAT investment?

Hey All, I've been a BH'er for almost a decade now. My self taught education through this forum/others has essentially brought me to a Boglehead style investing model, I have used the lazy 3 fund portfolio with basic rules about taxable accounts/all that for many years and it's gone GREAT and I have...
by TheBogleWay
Fri Jul 20, 2018 1:47 am
Forum: Investing - Theory, News & General
Topic: International Stocks in Taxable?
Replies: 34
Views: 3185

Re: International Stocks in Taxable?

The complexity piece doesn't really come to play, unless you are holding a substantial amount. I believe an amount that dishes out over 20k in foreign dividends as that kicks in several other IRS 'choose your own adventure' forms that needs to be filled out. The rest is pretty simple from my own ex...
by TheBogleWay
Thu Jul 12, 2018 6:36 pm
Forum: Investing - Theory, News & General
Topic: What recent (last ~8 months) events have changed the total US stock market?
Replies: 14
Views: 1405

Re: What recent (last ~8 months) events have changed the total US stock market?

I stand corrected on my wording, it's not drastic, but I'm still curious if anyone is able to label the minor changes since January just for fun.

Thanks!
by TheBogleWay
Thu Jul 12, 2018 3:44 am
Forum: Investing - Theory, News & General
Topic: What recent (last ~8 months) events have changed the total US stock market?
Replies: 14
Views: 1405

Re: What recent (last ~8 months) events have changed the total US stock market?

The Tax Cuts and Jobs Act of 2017 , which potentially increases after-tax margins on US sales, and somewhat incentivizes the repatriation of funds held internationally and may be fueling record levels of stock buybacks https://money.cnn.com/2018/07/10/investing/stock-buybacks-record-tax-cuts/index....
by TheBogleWay
Thu Jul 12, 2018 3:01 am
Forum: Investing - Theory, News & General
Topic: What recent (last ~8 months) events have changed the total US stock market?
Replies: 14
Views: 1405

What recent (last ~8 months) events have changed the total US stock market?

Just for my knowledge and for fun, can some of you here explain some world/US events that have really impacted the total US stock market over the last 8 months? Relatively vague is fine. There have been some drastic swings, while I know a lot of them can't be explained, I know some can (after the fa...
by TheBogleWay
Sat Jul 07, 2018 3:45 am
Forum: Personal Finance (Not Investing)
Topic: How do normal people afford the Bay Area?
Replies: 48
Views: 5453

Re: How do normal people afford the Bay Area?

Anyone who thinks 200,000 is not enough income to live a nice life in the Bay Area is mistaken.Yes,you cannot live in the more expensive areas if you need a big place and have 4 kids,but people are getting a bit carried away with all the hyperbole,or they simply have expectations that are too high....
by TheBogleWay
Fri Jul 06, 2018 8:36 pm
Forum: Personal Finance (Not Investing)
Topic: Teaching local communities how to save/invest
Replies: 12
Views: 1012

Re: Teaching local communities how to save/invest

Appreciate all the comments about YouTube, I really want to do this in person, at least to start. I'm around 30 also but think it's a lot more impactful than a YT video.
by TheBogleWay
Fri Jul 06, 2018 3:45 am
Forum: Personal Finance (Not Investing)
Topic: Teaching local communities how to save/invest
Replies: 12
Views: 1012

Teaching local communities how to save/invest

I hope this thread topic fits this subsection, looked like the best place. It's personal, and finance related, but about helping others and not necessarily myself. One of my major life goals that I'd like to achieve is setting up some sort of routine where I speak to a crowd (doesn't have to be big ...
by TheBogleWay
Fri Jul 06, 2018 3:39 am
Forum: Personal Consumer Issues
Topic: Trip to Hawaii - what do I need to know
Replies: 54
Views: 6814

Re: Trip to Hawaii - what do I need to know

I went to Hawaii with my SO about 8 months ago. I've only been once, and only went to Oahu, but I may have some decent feedback if you pick that island. We're close to 30. First, people said Oahu was one of the "less impressive" islands so my expectations were low. It beat all of my expectations. We...
by TheBogleWay
Fri Jul 06, 2018 2:30 am
Forum: Investing - Help with Personal Investments
Topic: Can you help me figure out how much emergency fund $ I REALLY need?
Replies: 38
Views: 3125

Re: Can you help me figure out how much emergency fund $ I REALLY need?

I keep about $24k in saving/cd’s. This is about 6 months of bare minimum living expenses. It is also a good fund for my wife if something were to happen to me unexpected. Think about what is best for your family. This might deserve it's own thread or some searching, but care to give any tips on CDs...
by TheBogleWay
Thu Jul 05, 2018 10:47 pm
Forum: Investing - Help with Personal Investments
Topic: Can you help me figure out how much emergency fund $ I REALLY need?
Replies: 38
Views: 3125

Re: Can you help me figure out how much emergency fund $ I REALLY need?

$10k. No. Not based on info you’ve provided. I’d ballpark 6 months of necessary expenses. Doesn’t have to sit in your checking account. A high yield savings account is fine. There are many other options. Kinda depends how susceptible you might be to an emergency. Don’t count on your credit card to ...
by TheBogleWay
Thu Jul 05, 2018 10:26 pm
Forum: Investing - Help with Personal Investments
Topic: Can you help me figure out how much emergency fund $ I REALLY need?
Replies: 38
Views: 3125

Can you help me figure out how much emergency fund $ I REALLY need?

I've heard some say 3 months expenses, and I've heard some say 6 months expenses should be available in your checking. I spend about $5,000/month encompassing everything, but that's also at my current lifestyle where we aren't in a major financial crash/I'm well employed earning a good income. If a ...
by TheBogleWay
Wed Jun 27, 2018 9:54 pm
Forum: Personal Consumer Issues
Topic: Did you celebrate when you finally hit $1m?
Replies: 209
Views: 22299

Re: Did you celebrate when you finally hit $1m?

Still so surprised to see the bulk (90%?) of replies saying it's not significant, nor did they feel the need to celebrate in any way, or that they barely noticed. I understand that for us, those who are disciplined enough (and in the normal-ish income range) that our lifestyle doesn't change after h...
by TheBogleWay
Wed Jun 27, 2018 9:31 pm
Forum: Personal Consumer Issues
Topic: Did you celebrate when you finally hit $1m?
Replies: 209
Views: 22299

Re: Did you celebrate when you finally hit $1m?

FedGuy wrote:
Fri Jun 22, 2018 9:27 pm
When I saw I joined the two comma club, I posted on this board and went to get take-out.

To this day, I've never mentioned it to anyone except on this board.

We should make a liquor, and call it Dos Comas
by TheBogleWay
Fri Jun 22, 2018 7:05 pm
Forum: Personal Consumer Issues
Topic: Did you celebrate when you finally hit $1m?
Replies: 209
Views: 22299

Re: Did you celebrate when you finally hit $1m?

At $1m, I made a little video of me speaking to the camera on how I got to that point and I also filmed the $1m account balance on Morning star. I did it for me to look back at one day with no plan to post it publicly. I celebrated by going on a family cruise. Although the cruise was pre-planned so...
by TheBogleWay
Fri Jun 22, 2018 6:45 pm
Forum: Personal Consumer Issues
Topic: Did you celebrate when you finally hit $1m?
Replies: 209
Views: 22299

Re: Did you celebrate when you finally hit $1m?

I'm surprised to see a majority of you barely noticed or cared! I guess it all depends on your perspective. Sure, it's just a number and your life doesn't change from when you had $990,000, but it's the milestone that counts. Technically birthdays are the same thing, why celebrate 30, 40, 50, etc wh...
by TheBogleWay
Fri Jun 22, 2018 5:06 am
Forum: Personal Consumer Issues
Topic: Did you celebrate when you finally hit $1m?
Replies: 209
Views: 22299

Did you celebrate when you finally hit $1m?

Did you celebrate your first $1m and if so, how? I'm getting close, excluding some big crash or unexpected emergency, I'm predicting about 1 year give or take 6 months. It reminds me of looking at the clock near the end of class. The first portion seems to have went by quickly, and now at the very e...
by TheBogleWay
Fri Jun 22, 2018 4:57 am
Forum: Personal Finance (Not Investing)
Topic: Is the first 100k really the hardest?
Replies: 156
Views: 44500

Re: Is the first 100k really the hardest?

Yes, I'd say so, because if you actually reach a savings of $100k, I think that defines what sort of person you are. If you can control your urges enough to save $100,000, you have the ability to plan for your future, and it likely took a lot of work to get there. At $100k, you start to notice inter...
by TheBogleWay
Sat May 26, 2018 4:18 am
Forum: Investing - Theory, News & General
Topic: The "4% withdrawal rate"- would it apply to someone "retiring" in their 70s?
Replies: 54
Views: 4976

Re: The "4% withdrawl rate" - would it apply to someone "retiring" in their 70s?

How much is invested? How much income do they expect from that? 2% CDs or stocks and bonds at whatever allocation? How much do they spend each year for normal expenses? Only from that can they, or any of us, make a reasonable estimate of their withdrawal rate. They can decide on any rate they wish,...
by TheBogleWay
Sat May 26, 2018 3:49 am
Forum: Investing - Theory, News & General
Topic: The "4% withdrawal rate"- would it apply to someone "retiring" in their 70s?
Replies: 54
Views: 4976

Re: The "4% withdrawl rate" - would it apply to someone "retiring" in their 70s?

How much are this person’s monthly expenses? Are we talking meeting minimal life expenses or splurging with the extra $1,000/month? If due to overspending early on are there places to cutback if necessary in later years? The less you spend, the longer the nest egg will last. But, at mid-70s, no rea...
by TheBogleWay
Sat May 26, 2018 2:31 am
Forum: Investing - Theory, News & General
Topic: The "4% withdrawal rate"- would it apply to someone "retiring" in their 70s?
Replies: 54
Views: 4976

The "4% withdrawal rate"- would it apply to someone "retiring" in their 70s?

I am close to somebody who is "retiring" in their mid 70s. They don't have any retirement, but may finally have a small nest egg after selling their home and their net worth if all goes well should be about $300-400k. At their age, would you still recommend a 4% withdrawl rate? Assuming it's $350,00...
by TheBogleWay
Sat May 26, 2018 2:01 am
Forum: Investing - Theory, News & General
Topic: I'm an indexer... but...
Replies: 37
Views: 4777

Re: I'm an indexer... but...

8 years of staying the course during a bull market. Lol. This is said so often around here, I get it completely, it's a scary thought to imagine a bad recession. That being said, I feel like I'd stay the course. Keep an emergency fund, and I don't know why in my right mind I'd sell unless it was so...
by TheBogleWay
Fri May 25, 2018 10:58 pm
Forum: Investing - Theory, News & General
Topic: I'm an indexer... but...
Replies: 37
Views: 4777

Re: I'm an indexer... but...

The fund has outperformed VTSAX (total US market) over 5 and 10 year periods by a few percent. Why is VTSAX the right comparison? When I do a factor-regression on the fund[1] the factors are pretty far from "total US market". It is a heavy growth fund with a large profitability tilt. It also has ne...
by TheBogleWay
Fri May 25, 2018 10:45 pm
Forum: Investing - Theory, News & General
Topic: I'm an indexer... but...
Replies: 37
Views: 4777

Re: I'm an indexer... but...

The boglehead investment method isn't law. There's nothing wrong with holding a few shares in PRGFX in addition to your portfolio. Besides the proven track record for investment returns for a 3 fund portfolio... Simplicity, convenience, ease of investment/rebalancing, etc. is whats appealing to the...
by TheBogleWay
Fri May 25, 2018 10:37 pm
Forum: Investing - Theory, News & General
Topic: I'm an indexer... but...
Replies: 37
Views: 4777

I'm an indexer... but...

I've always been a Boglehead 3 fund style investor, have never swayed with 8 years of investing. I often preach indexing and the 3 fund portfolio. However a friend recently brought up the fund PRGFX, which is the T. Row Price Growth Stock. - https://finance.yahoo.com/quote/PRGFX/performance?p=PRGFX ...
by TheBogleWay
Fri May 25, 2018 1:57 am
Forum: Personal Finance (Not Investing)
Topic: Are there any experienced real-estate people here?
Replies: 39
Views: 4071

Re: Are there any experienced real-estate people here?

If the market is very strong I would price it so you get multiple offers and hopefully there will be a bidding war which will drive the price up (likely to happen in a desirable area of Seattle). It is not a good strategy to significantly over price the house (greater than 10%) hoping a naive buyer...
by TheBogleWay
Mon May 21, 2018 9:59 pm
Forum: Personal Finance (Not Investing)
Topic: Are there any experienced real-estate people here?
Replies: 39
Views: 4071

Re: Are there any experienced real-estate people here?

I would run away fast from any "realtor" who I approach to sell my house and then out of the blue offers to buy it. That person might have a realtor's license but they aren't functioning as a realtor in their relationship with you. What you are describing is a conflict of interest. Most realtors ar...
by TheBogleWay
Fri May 18, 2018 12:47 am
Forum: Personal Finance (Not Investing)
Topic: Are there any experienced real-estate people here?
Replies: 39
Views: 4071

Re: Are there any experienced real-estate people here?

Top 15 Home Updates per HGTV https://www.hgtv.com/design/decorating/clean-and-organize/top-15-home-updates #2 Landscaping - Average return at resale: 100 percent #4 Exterior Improvements - Vinyl Siding, Paint, Updated Front Entry - Average return at resale: 95.5 percent If I'm reading this correctl...
by TheBogleWay
Fri May 18, 2018 12:05 am
Forum: Personal Finance (Not Investing)
Topic: Are there any experienced real-estate people here?
Replies: 39
Views: 4071

Re: Are there any experienced real-estate people here?

Is the house occupied? You'd be better off spending the $15k on a vacation for them and you clean out and paint (inside) the house. Get everything out. The new buyer will want to change everything anyway and if you're in Seattle I'm sure it will sell before they get back. I'm not sure if the inside...
by TheBogleWay
Thu May 17, 2018 11:26 pm
Forum: Personal Finance (Not Investing)
Topic: Are there any experienced real-estate people here?
Replies: 39
Views: 4071

Re: Are there any experienced real-estate people here?

I wouldn’t bother, there’s going to be absestos, lead paint and mold. You’re in the Seattle market there’s already a line of buyers that will overbid and waive contingencies. I sold my a property in Kitsap county for more than I expected without fixing it up. The new buyer is going to want to add t...
by TheBogleWay
Thu May 17, 2018 10:34 pm
Forum: Personal Finance (Not Investing)
Topic: Are there any experienced real-estate people here?
Replies: 39
Views: 4071

Are there any experienced real-estate people here?

I have an important question to ask you all and I'm hoping there may be an experienced real-estate person browsing here so you can help guide my family on what to do. My grandparents have a large home in one of the fastest booming areas in the US - the PNW. Not only that, but the area of their house...
by TheBogleWay
Tue May 15, 2018 9:39 pm
Forum: Investing - Help with Personal Investments
Topic: How do you quantify the risk differential between 85/15 and 70/30?
Replies: 70
Views: 6382

Re: How do you quantify the risk differential between 85/15 and 70/30?

This Marketwatch article says that as a general rule of thumb, "every additional 10% of your portfolio in equities adds about one half of a percentage point per year to your return." If that's correct (perhaps someone more experienced can speak to it), it should be a helpful way to look at the retu...
by TheBogleWay
Fri May 11, 2018 2:13 am
Forum: Investing - Help with Personal Investments
Topic: How do you quantify the risk differential between 85/15 and 70/30?
Replies: 70
Views: 6382

Re: How do you quantify the risk differential between 85/15 and 70/30?

A 50% loss in stocks is often used for planning purposes, but don't confuse that for worst case. In the great depression, the market dropped nearly 90% peak to trough over 3 years... http://thegreatdepressioncauses.com/facts/facts-stock-market/ Can somebody explain to a rookie why I'm seeing contra...
by TheBogleWay
Mon May 07, 2018 1:37 am
Forum: Investing - Help with Personal Investments
Topic: Are bonds necessary/beneficial in my situation?
Replies: 21
Views: 2299

Re: Are bonds necessary/beneficial in my situation?

Maybe I missed it, but I didn't see the OP mention an emergency fund. For me, this is a critical part of knowing what someone might do in the situation where there is a market crash while at the same time earning power goes to zero (e.g. due to job loss). If the emergency fund is large enough, some...
by TheBogleWay
Sun May 06, 2018 5:08 pm
Forum: Investing - Help with Personal Investments
Topic: Are bonds necessary/beneficial in my situation?
Replies: 21
Views: 2299

Re: Are bonds necessary/beneficial in my situation?

2: By my math, you don't need the higher returns that the more risky 100% allocation would give you. This. Point #3 of the Bogleheads Philosophy says "Never bear too much or too little risk". In your case, a 100% allocation to stocks feels like too much risk. Help explain that to me please. Let's s...
by TheBogleWay
Sun May 06, 2018 5:11 am
Forum: Investing - Help with Personal Investments
Topic: Are bonds necessary/beneficial in my situation?
Replies: 21
Views: 2299

Re: Are bonds necessary/beneficial in my situation?

First, congrats. That's an awesome financial story for a 29 year old. Hell, it's a pretty awesome story for a 55 year old... :) At first blush, I think you do need to avoid a 100% stock allocation. You're right - on average, returns are higher as you have a higher allocation of stocks (relative to ...
by TheBogleWay
Sun May 06, 2018 3:43 am
Forum: Personal Finance (Not Investing)
Topic: Those with high savings rate: why?
Replies: 246
Views: 34780

Re: Those with high savings rate: why?

I am very insecure regarding my ability to earn a living. I am a chemist and though I have a good job now that is pretty secure if I ever lost it I'd be up a smelly creek. Most companies don't even want to hire chemists and use staffing/contract agencies and I frequently have to tell recruiters to ...
by TheBogleWay
Sun May 06, 2018 3:05 am
Forum: Personal Finance (Not Investing)
Topic: Those with high savings rate: why?
Replies: 246
Views: 34780

Re: Those with high savings rate: why?

This thread was made for me. I'm under 30, living a somewhat frugal life and putting away well over $100k annually when I could be spending more and enjoying it a bit more. It's something I struggle with and debate in my head constantly. I'll get a little too personal but oh well. 1) I grew up in ba...
by TheBogleWay
Sun May 06, 2018 2:38 am
Forum: Personal Finance (Not Investing)
Topic: Best cash-back credit card right now?
Replies: 42
Views: 5425

Best cash-back credit card right now?

I don't really want to travel anymore than I currently do, so I don't want airline points. I believe that mostly just leaves me with cash-back credit cards as a second best option right? So, for cash-back cards, and a person who has an annual CC spending of about $15,000, what gets you the most cash...
by TheBogleWay
Sun May 06, 2018 1:41 am
Forum: Investing - Help with Personal Investments
Topic: How can I Invest 4 million dollars to earn 120k (inflation adjusted) a year for life?
Replies: 93
Views: 18903

Re: How can I Invest 4 million dollars to earn 120k (inflation adjusted) a year for life?

welderwannabe wrote:
Wed Apr 11, 2018 9:35 am
emergency cash fund of $250k-$400k...that outta do it. That would be some emergency.
Don't act like you don't have those emergencies where you need to buy 5 new boats and repair your roof all in one month. It happens.