Search found 340 matches

by McGilicutty
Thu Nov 05, 2020 2:29 pm
Forum: Investing - Theory, News & General
Topic: Reason for Tech Rally after elections
Replies: 54
Views: 5802

Re: Reason for Tech Rally after elections

The stock market always goes up under Democratic Presidents. It's like a law of nature or something.
by McGilicutty
Wed Oct 28, 2020 12:14 pm
Forum: Personal Finance (Not Investing)
Topic: Finances & Career Change
Replies: 34
Views: 2766

Re: Finances & Career Change

Sounds to me like you just need a vacation/break. When people start thinking about "doing this for the next 35 years", that's a pretty clear indicator of burnout. I don't know anything about kids as I don't have any but it seems like hiring a part-time nanny could help take some of the str...
by McGilicutty
Thu Oct 22, 2020 7:21 pm
Forum: Investing - Theory, News & General
Topic: Anybody here trying Coast FIRE?
Replies: 317
Views: 26955

Re: Anybody here trying Coast FIRE?

I wonder how many people working at such jobs would turn down a high paying corporate job because it was "too stressful". I suspect most would jump at the opportunity to make significantly more money. I wouldn't be so sure about that. Not everyone is out to make as much money as they can ...
by McGilicutty
Sat Oct 17, 2020 12:05 am
Forum: Investing - Theory, News & General
Topic: Anybody here trying Coast FIRE?
Replies: 317
Views: 26955

Re: Anybody here trying Coast FIRE?

This is kind of what I'm doing, although I didn't plan it this way. My journey has been as follows: 1) Work at a fairly high-paying, high stress job on the coast (with a fairly high savings rate) 2) Get burnt out, convince myself that I have enough to leanFIRE in flyover country 3) Quit job, move to...
by McGilicutty
Thu Oct 15, 2020 5:40 pm
Forum: Investing - Theory, News & General
Topic: How The Creator Of The 4 Percent Rule Applied It For His Clients And His Own Retirement
Replies: 59
Views: 7597

Re: How The Creator Of The 4 Percent Rule Applied It For His Clients And His Own Retirement

Aside from the fact that I doubt anyone follows the 4% rule as Bengen described, his story underscores how large a role emotions play into investing and withdrawals. For being a board that seems to be mostly focused on investing for retirement, we don't seem to have many posters who are currently r...
by McGilicutty
Thu Oct 15, 2020 3:49 pm
Forum: Personal Consumer Issues
Topic: Most comfortable shoe: please recommend
Replies: 81
Views: 6615

Re: Most comfortable shoe: please recommend

Go barefoot. The human foot is not designed to be in a shoe and arch support just makes your arches weaker.
by McGilicutty
Thu Oct 15, 2020 3:36 pm
Forum: Personal Finance (Not Investing)
Topic: What are the financial risks of not owning a house?
Replies: 106
Views: 10306

Re: What are the financial risks of not owning a house?

When I was younger, I thought I would be a life-long renter but broke down and bought a house in my mid-40's. I used to live in a HCOL area and would move every time (which was pretty much every year) a landlord would increase the rent. I wouldn't want to move every year like that now that I'm older...
by McGilicutty
Thu Oct 08, 2020 3:46 pm
Forum: Investing - Theory, News & General
Topic: Is this the worse time to FIRE?
Replies: 20
Views: 1803

Re: Is this the worse time to FIRE?

It seems like the stock market has peaked. Investors are going to have to take more risk for better return. What if there is stagnation for the next 10 years? What is your option if your living expense depends on the stock market? Imagine if instead of the stock market you were a landlord and your ...
by McGilicutty
Mon Sep 14, 2020 3:43 pm
Forum: Personal Consumer Issues
Topic: Coping with Megacorp rat race
Replies: 168
Views: 16626

Re: Coping with Megacorp rat race

6. Delegate the bad parts of your job. Everyone has some things they are good at and enjoy, and other things where they need help. Make sure you have people under you who can complement your weaknesses and do what needs to be done. Couldn't agree with this more. OP, get a bunch of underlings to do ...
by McGilicutty
Fri Sep 04, 2020 10:42 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 10748
Views: 844851

Re: U.S. stocks continue to soar!

Taking a beating these last 2 days. Any bears out there buying or are you waiting for a bigger decline?
by McGilicutty
Thu Sep 03, 2020 2:14 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 10748
Views: 844851

Re: U.S. stocks continue to soar!

Just rolled the dice and bought 50 shares of QQQ at 285 and change. Hoping for a snapback rally tomorrow.
by McGilicutty
Wed Sep 02, 2020 1:12 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 10748
Views: 844851

Re: U.S. stocks continue to soar!

this is just bad news... market going up means those of us accumulating are buying at high prices and the big crash is just delayed. Does anyone really believe the current market level is actually legit? No, market should be about 128% higher based on my calculations. What market are you talking ab...
by McGilicutty
Wed Sep 02, 2020 11:35 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 10748
Views: 844851

Re: U.S. stocks continue to soar!

stocknoob4111 wrote: Wed Sep 02, 2020 10:51 am this is just bad news... market going up means those of us accumulating are buying at high prices and the big crash is just delayed. Does anyone really believe the current market level is actually legit?
No, market should be about 128% higher based on my calculations.
by McGilicutty
Wed Sep 02, 2020 10:50 am
Forum: Personal Investments
Topic: Should I take short term gains and face the taxes?
Replies: 94
Views: 4760

Re: Should I take short term gains and face the taxes?

You might be able to use stock options to lock in the gains without paying taxes. I don't know enough about stock options or tax law to know how to go about it, but maybe a good tax attorney could help? You have enough gainz that it is probably worth consulting one.
by McGilicutty
Wed Sep 02, 2020 1:40 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 10748
Views: 844851

Re: U.S. stocks continue to soar!

Might as well get the party started. S&P futures up 0.4% and Nasdaq up 0.67%. Hopefully will be another good day.
by McGilicutty
Tue Sep 01, 2020 10:48 pm
Forum: US Chapters
Topic: Post your Financial Milestone Announcements Here
Replies: 1866
Views: 238167

Re: Post your Financial Milestone Announcements Here

Cracked $1.2 million earlier this year and cracked $1.3 million today thanks to the awesome performance of some individual tech stocks I own. If I wanted to do a lean FIRE I could probably retire today at age 48, but my job isn't bad (WFH) so hoping to be fully financially independent (FATFIRE) arou...
by McGilicutty
Tue Sep 01, 2020 11:20 am
Forum: Personal Consumer Issues
Topic: Have any BHs reduced spending to retire sooner?
Replies: 34
Views: 1600

Re: Have any BHs reduced spending to retire sooner?

I actually tried this. I quit a fairly high-paying, high-stress job on the coast, moved to a LCOL area, and tried cutting expenses to the bone. This was in my early 40's. It didn't work out so well. There was just too much stuff I wanted to do that I couldn't at that low expense level. So, I got a j...
by McGilicutty
Tue Sep 01, 2020 4:08 am
Forum: Investing - Theory, News & General
Topic: What is your age and asset allocation ?
Replies: 296
Views: 20806

Re: What is your age and asset allocation ?

48 yo, 82% stock indices (voo, spy, vti), 15% individual stocks, 3% cash, no fixed income
by McGilicutty
Mon Aug 31, 2020 4:42 pm
Forum: Investing - Theory, News & General
Topic: Investors Were Warned.
Replies: 171
Views: 14590

Re: Investors Were Warned.

Excellent post, Taylor. Some people just won't listen to reason.
by McGilicutty
Fri Aug 28, 2020 3:45 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 10748
Views: 844851

Re: U.S. stocks continue to soar!

dogagility wrote: Fri Aug 28, 2020 3:36 pm The market's Happy Hour started right on time... 3 PM (EST). :beer
What a week! Congrats to all! Can't believe I'm still sober.
by McGilicutty
Fri Aug 28, 2020 4:26 am
Forum: Personal Investments
Topic: Poor performing portfolio
Replies: 71
Views: 7355

Re: Poor performing portfolio

Replace the International portion with QQQ (Nasdaq 100) and watch the money pile up. Also remember, this advice is worth what you paid for it. Personally, I'm 83% S&P 500 with the rest in individual stocks for kicks. I like the S&P 500 because it seems like one of the more steadier indices....
by McGilicutty
Fri Aug 28, 2020 3:44 am
Forum: Personal Investments
Topic: Poor performing portfolio
Replies: 71
Views: 7355

Re: Poor performing portfolio

Replace the International portion with QQQ (Nasdaq 100) and watch the money pile up. Also remember, this advice is worth what you paid for it. Personally, I'm 83% S&P 500 with the rest in individual stocks for kicks. I like the S&P 500 because it seems like one of the more steadier indices. ...
by McGilicutty
Thu Aug 27, 2020 5:44 pm
Forum: Personal Investments
Topic: Need help deciding whether to pay off mortgage
Replies: 23
Views: 2620

Re: Need help deciding whether to pay off mortgage

You're leaving out another way to pay off debt: let interest rates go negative and then the gubmint gets paid to have debt. It's genius, really.
by McGilicutty
Wed Aug 26, 2020 3:56 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 10748
Views: 844851

Re: U.S. stocks continue to soar!

Ok, what the heck just happened today? Not that I'm complaining, mind you, but... what the heck happened today? Salesforce.com blew out earnings and jumped 25%. I think the tech rally was a product of that - another confirmation that the tech revolution is accelerating. All my FAANGs from me pre-Bo...
by McGilicutty
Wed Aug 26, 2020 12:45 am
Forum: Investing - Theory, News & General
Topic: Motley Fool Stock Advisor Returns Claimed Superior- Anyone Here Using it?
Replies: 23
Views: 2662

Re: Motley Fool Stock Advisor Returns Claimed Superior- Anyone Here Using it?

Hello, Today at Fool.com their stock advisor section of their website claims 503% return vs sp500 103% return from 2-2002 to 8-24-2020! Has anyone tried their advisor service , know their stock picking algorithm, done any studies to see if what they claim is accurate? FYI- Two years ago i took the ...
by McGilicutty
Fri Aug 21, 2020 3:52 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 10748
Views: 844851

Re: U.S. stocks continue to soar!

Apple's market cap grew by about $80 billion today. That's larger than all U.S. companies except for about 80 or so. Apple's growth in less than two hours was larger than the total value of almost every U.S. company. This stuff is mind boggling. CNBC just showed a graphic that Apple's market cap is...
by McGilicutty
Fri Aug 21, 2020 2:51 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 10748
Views: 844851

Re: U.S. stocks continue to soar!

Apple's market cap grew by about $80 billion today. That's larger than all U.S. companies except for about 80 or so. Apple's growth in less than two hours was larger than the total value of almost every U.S. company. This stuff is mind boggling. CNBC just showed a graphic that Apple's market cap is...
by McGilicutty
Fri Aug 21, 2020 2:10 pm
Forum: Personal Investments
Topic: Real estate continues to soar (great for landlords)
Replies: 71
Views: 6031

Re: Real estate continues to soar (great for landlords)

As described in the following article, landlords about to get crushed due to the non-renewal of the $600/week unemployment stimulus.

https://www.globest.com/2020/08/21/unem ... 0721145601

See ya', wouldn't wanna be ya'.
by McGilicutty
Thu Aug 20, 2020 3:50 pm
Forum: Personal Finance (Not Investing)
Topic: how often do you check your net worth?
Replies: 153
Views: 9888

Re: how often do you check your net worth?

I only have 3 accounts: checking, 401(k), and brokerage. I keep my brokerage account open all day and check it several times a day. My 401(k) I only check late at night after the balance gets updated. However, it's all s&p 500, so sometimes I calculate the change during the day if it's a big up ...
by McGilicutty
Wed Aug 19, 2020 3:59 pm
Forum: Investing - Theory, News & General
Topic: March 26th 2000; "value investing has been supplanted by the internet revolution"
Replies: 14
Views: 1029

Re: March 26th 2000; "value investing has been supplanted by the internet revolution"

VBR only trails QQQ by about 5:1 since 2004. I think the post was right on.

Long live QQQ!
by McGilicutty
Sun Aug 16, 2020 10:13 pm
Forum: Investing - Theory, News & General
Topic: If bond/bank/cd rates go full negative, should you just go buy a bunch of stuff?
Replies: 22
Views: 2075

Re: If bond/bank/cd rates go full negative, should you just go buy a bunch of stuff?

If this happens I'll just keep investing in the stock market and be thankful for all the Bogleheads that are willing to loan money to the government at negative interest rates.

[OT comment speculating on legislation removed by moderator oldcomputerguy]
by McGilicutty
Fri Aug 14, 2020 1:34 pm
Forum: Investing - Theory, News & General
Topic: [How does one fight the urge to make simple things more complex?]
Replies: 82
Views: 5205

Re: [How does one fight the urge to make simple things more complex?]

I fight the urge by giving into it a little bit. For example, about 15% of my portfolio is in individual stocks. I have also tried a little market timing with a small portion of my portfolio. The individual stocks are working out OK, but the market timing didn't work out so good. I know I can't figh...
by McGilicutty
Fri Aug 14, 2020 5:57 am
Forum: Personal Finance (Not Investing)
Topic: My kid scratched my neighbor's new car
Replies: 115
Views: 7502

Re: My kid scratched my neighbor's new car

I can't believe the amount of people in this thread who are recommending that you try and shirk your responsibility by trying to talk a neighbor down on the cost. The facts are indisputable. Your kid did it. You don't question a neighbor's integrity by accusing him of overcharging you. Instead, pay ...
by McGilicutty
Fri Aug 07, 2020 12:25 am
Forum: Investing - Theory, News & General
Topic: 100% Stocks - S&P Envy vs 60/40
Replies: 95
Views: 5744

Re: 100% Stocks - S&P Envy vs 60/40

Anyone can cherry pick time horizons they like to make a case. In most scenarios and horizons, 100% stocks came out ahead. Sometimes by a lot. For the accumulator, more equities is always best, and having mostly equities in retirement has been best too in most scenarios. Very true. If you include t...
by McGilicutty
Tue Aug 04, 2020 3:51 pm
Forum: Personal Finance (Not Investing)
Topic: Rental property investing and #'s explained (why real estate can be a great investment)
Replies: 138
Views: 9244

Re: Rental property investing and #'s explained (why real estate can be a great investment)

Over the last 20 years, SP500 has returned 5.88%. $40k has turned into $129k over two decades. And yielding you about $200/mo right now. I gave you my examples of 3 properties (the last 3 I've bought) where I've turned $40k into $350k.... in about 6 years.... today yielding roughly $1400/mo... net ...
by McGilicutty
Fri Jul 31, 2020 3:02 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 10748
Views: 844851

Re: U.S. stocks continue to soar!

Stef wrote: Fri Jul 31, 2020 12:55 pm That's it, I've seen enough. Buying QQQ instead of VTI from now on with my monthly savings rate :mrgreen:
Me too. QQQ is like crack.
by McGilicutty
Fri Jul 31, 2020 12:57 pm
Forum: Investing - Theory, News & General
Topic: What would it take to cause a QQQ Collapse?
Replies: 60
Views: 5881

Re: What would it take to cause a QQQ Collapse?

If China were to close its markets to U.S. companies that would likely severely negatively impact QQQ.
by McGilicutty
Fri Jul 31, 2020 10:00 am
Forum: Investing - Theory, News & General
Topic: Lost duodecade in international (ASWX, VEU, CWI)
Replies: 95
Views: 4859

Re: Lost duodecade in international (ASWX, VEU, CWI)

lostdog wrote: Fri Jul 31, 2020 7:18 am American exceptionalism and performance chasing running rampant in that thread.
I think it's hard to argue that the U.S. doesn't have the best money printers in the entire world.
by McGilicutty
Thu Jul 30, 2020 3:31 pm
Forum: Investing - Theory, News & General
Topic: Barron’s article on bonds
Replies: 89
Views: 5916

Re: Barron’s article on bonds

The low rates are having the desired effect: pushing bond investors into stocks. I look forward to the day (probably when the market is 2x or 3x from here) when all investors are 100/0 stocks to bonds.
by McGilicutty
Thu Jul 30, 2020 3:24 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 10748
Views: 844851

Re: U.S. stocks continue to soar!

lostdog wrote: Thu Jul 30, 2020 12:19 pm Can the bulls win the tug of war before the bell? We will see...
We may have closed red, but the AH earnings have pushed us right back to even for the day. Hope tomorrow brings a nice up day.
by McGilicutty
Wed Jul 29, 2020 2:26 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 10748
Views: 844851

Re: U.S. stocks continue to soar!

jason2459 wrote: Wed Jul 29, 2020 1:50 pm International Stocks continue to soar! :mrgreen:
International Schminternational. The investing public is fickle. International will be forgotten within a week.
by McGilicutty
Wed Jul 29, 2020 3:03 am
Forum: Personal Finance (Not Investing)
Topic: Saving for retirement vs paying down debt
Replies: 17
Views: 1896

Re: Saving for retirement vs paying down debt

With corona virus, my mortgage is in forbearance, and my kids are home so no daycare. We went from 3K in our checking account in MArch to now $26K in our checking account with now our two biggest expenses being gone, for now. You might want to check the details on yours mortgage forbearance. My und...
by McGilicutty
Mon Jul 27, 2020 10:34 am
Forum: Personal Finance (Not Investing)
Topic: Can I afford to buy this piece of property?
Replies: 19
Views: 1777

Re: Can I afford to buy this piece of property?

I'll leave others to comment on the finances (although it seems really tight to me), but what is the characteristics of that 20 acres? Is it all land that you will have to mow or is part of it woods?

Having to mow 20 acres every week would do me in.
by McGilicutty
Sat Jul 25, 2020 8:31 pm
Forum: Personal Finance (Not Investing)
Topic: Please check my Refinance Math. Is this a no Brainer?
Replies: 13
Views: 1290

Re: Please check my Refinance Math. Is this a no Brainer?

Iphone5 wrote: Sat Jul 25, 2020 7:20 pm Any other suggestions?
I would shop around to see if you can get a better interest rate. Check out the Refinance Mega Thread to get an idea of rates.
by McGilicutty
Fri Jul 24, 2020 3:30 pm
Forum: Personal Finance (Not Investing)
Topic: Refinance Mega Thread
Replies: 8193
Views: 572074

Re: Refinance Mega Thread

Interesting article from CNBC on how low rates can go on the 30-year fixed: “There are pools of loans being sold right now with average rates of 2.625%, meaning some people are getting rates at 2.375-2.5%,” said Matthew Graham, chief operating officer at Mortgage News Daily. “While those likely invo...
by McGilicutty
Fri Jul 24, 2020 1:00 pm
Forum: Personal Finance (Not Investing)
Topic: Refinance Mega Thread
Replies: 8193
Views: 572074

Re: Refinance Mega Thread

^makes sense. Thanks for the nudge. My mortgage amount to refi is $395,000. I applied through my local credit union as mentioned and it seems that my application locked in my loan option and rate. I'm a little confused on how this works. My intention was only to give them the information required t...
by McGilicutty
Fri Jul 24, 2020 10:46 am
Forum: Personal Consumer Issues
Topic: What are you listening to now
Replies: 1098
Views: 66158

Re: What are you listening to now

Currently listening to 'Where's your head at?' It has a terrifically disturbing music video to go with it:

https://www.youtube.com/watch?v=5rAOyh7YmEc