Search found 2589 matches

by CyclingDuo
Tue Nov 12, 2019 12:00 pm
Forum: Investing - Theory, News & General
Topic: Rich people are hoarding cash
Replies: 108
Views: 17061

Re: Rich people are hoarding cash

firebirdparts wrote:
Tue Nov 12, 2019 11:20 am
I am predicting a variety of upward and downward results at different times.
I'm predicting several inches of snow each month for the next 4-5 months, and that it will all melt at various points of time before June, 2020.

My snowblower is ready...
My shovel is ready...
My crockpot is ready...
by CyclingDuo
Tue Nov 12, 2019 7:37 am
Forum: Personal Investments
Topic: Advice needed for unusual financial situation
Replies: 12
Views: 1538

Re: Advice needed for unusual financial situation

Hello fellow Bogleheads! Long time reader, first time poster here. I love this site and heed its prudent advice often. I'll skip the chase and cut right to the heart of the matter: I'm 60 yrs. old (a "young" 60!), currently no significant health issues. My wife is 48, and we have two sons, 16 and 1...
by CyclingDuo
Mon Nov 11, 2019 9:15 am
Forum: Personal Finance (Not Investing)
Topic: ATT wireless unable to port lines
Replies: 2
Views: 321

Re: ATT wireless unable to port lines

I was at Sams to switch to ATT wireless, 1 hour hold on the phone and finally the lady came back and said no dice, I have outstanding balance with ATT so they are unable to port, I was like what the phone. Anyway, they gave me Transunions phone # to call and figure it out. I called transunion few m...
by CyclingDuo
Sun Nov 10, 2019 9:59 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 1878
Views: 195228

Re: U.S. stocks continue to soar!

Looks like it will be another great day to be invested in the stock market! If you have a balanced portfolio you lost money today. Curious why you even bothered to join Bogleheads.org and what value you receive personally by participating on the boards (considering you delete most all of your posts...
by CyclingDuo
Sat Nov 09, 2019 6:22 pm
Forum: Investing - Theory, News & General
Topic: Why no one created a etf of dividend free stocks
Replies: 32
Views: 2798

Re: Why no one created a etf of dividend free stocks

Hi, A theory question... There are so many etf s in the market. But no etf which is designed to hold only dividend free stocks. Is there no need for such etf for people, or there is too much complexity to provide such an etf ? Thanks You can create your own DIY fund for free at M1 Finance with a pi...
by CyclingDuo
Sat Nov 09, 2019 11:11 am
Forum: Investing - Theory, News & General
Topic: Why no one created a etf of dividend free stocks
Replies: 32
Views: 2798

Re: Why no one created a etf of dividend free stocks

Hi, A theory question... There are so many etf s in the market. But no etf which is designed to hold only dividend free stocks. Is there no need for such etf for people, or there is too much complexity to provide such an etf ? Thanks You can create your own DIY fund for free at M1 Finance with a pi...
by CyclingDuo
Thu Nov 07, 2019 3:09 pm
Forum: Personal Finance (Not Investing)
Topic: Sell equities to pay down mortgage
Replies: 22
Views: 1898

Re: Sell equities to pay down mortgage

A. Sell $50k of equities from my taxable account one time and put it toward the mortgage. I'd end up with around a $1,500 tax bill. This would shave 70 months off my mortgage. If you do this you should contact your lender before you send the money and ask if they will "recast your Morgage" (Google ...
by CyclingDuo
Thu Nov 07, 2019 12:41 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 12340
Views: 2123481

Re: U.S. stocks in free fall

corn18 wrote:
Thu Nov 07, 2019 11:00 am
Lee_WSP wrote:
Thu Nov 07, 2019 10:57 am
Eh. The perma bulls will be right one day. Just not today.
I've never met a permabull. Are they related to the snipe?
He's right here:

https://jlcollinsnh.com/2012/04/19/stoc ... s-goes-up/
by CyclingDuo
Thu Nov 07, 2019 10:08 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 12340
Views: 2123481

Re: U.S. stocks in free fall

DanMahowny wrote:
Wed Jan 02, 2019 5:33 pm
AAPL provided a preview to what's coming throughout 2019.

Reduced guidance, missed earnings, disappointment will be order of the day.
:D
by CyclingDuo
Thu Nov 07, 2019 10:00 am
Forum: Personal Investments
Topic: Am I on right track?
Replies: 16
Views: 669

Re: Am I on right track?

Im stuck with what to do with extra money after bills are paid I’m currently Putting away 10% in the 401(k) anything more and I would drop a tax bracket and it wouldn’t really be worth putting in more. I also plan on maxing Roth IRA. Currently I’ve been paying down my credit card is that the right ...
by CyclingDuo
Wed Nov 06, 2019 3:57 pm
Forum: Personal Finance (Not Investing)
Topic: Want to open a Roth IRA for a teenager...
Replies: 14
Views: 964

Re: Want to open a Roth IRA for a teenager...

So my oldest is taking a personal finance class in HS and has been asking about opening a Roth IRA. I'd like to help him do this. Thoughts/concerns/questions: 1) I believe this must be a custodial account given his age (17), correct? He has earned income. 2) What is a no hassle, stress-free, low fe...
by CyclingDuo
Wed Nov 06, 2019 3:13 pm
Forum: Personal Investments
Topic: convincing someone of the wisdom of 'buy and hold' instead of selling in a market crash
Replies: 38
Views: 2610

Re: convincing someone of the wisdom of 'buy and hold' instead of selling in a market crash

my dad says it makes sense to buy when stocks are good and sell when stocks are bad. it's a terrible approach that means he's buying high and selling low. but one thing he says sort of makes possible sense. what if you knew that the market was going to go down so you sell? i think a lot of people d...
by CyclingDuo
Wed Nov 06, 2019 1:05 pm
Forum: Personal Investments
Topic: CalSTRS - California Teachers' Pensions
Replies: 19
Views: 2025

Re: CalSTRS - California Teachers' Pensions

One thing you might consider is the funding status of CALSTRS. My wife is a retired California teacher and, frankly, I was/am appalled at the pension funding status. I don't recall exactly where it is off the top of my head - - but, I think it's funded below 70% currently....and, I think it's been ...
by CyclingDuo
Tue Nov 05, 2019 10:28 am
Forum: Personal Finance (Not Investing)
Topic: Pay down 7% 403b loan or 3.74% car loan first?
Replies: 38
Views: 2029

Re: Pay down 7% 403b loan or 3.74% car loan first?

I get that this is Bogleheads so its going to be conservative, but I don't agree with the disdain for all consumer debt for all people always. If everyone was that conservative, they wouldn't let themselves have fun until they saved to pay cash for everything. Yes, a fun 40k car is technically outs...
by CyclingDuo
Tue Nov 05, 2019 9:00 am
Forum: Personal Finance (Not Investing)
Topic: Pay down 7% 403b loan or 3.74% car loan first?
Replies: 38
Views: 2029

Re: Pay down 7% 403b loan or 3.74% car loan first?

Curious what turned the screws so much that you felt the best financial sense was to borrow from you 403b and the need to buy a $39K car? If it were us, we would throw everything as fast as possible back at both of those loans. Stop maxing out the 403b (immediately) and direct that money to pay off...
by CyclingDuo
Tue Nov 05, 2019 8:42 am
Forum: Personal Finance (Not Investing)
Topic: Pay down 7% 403b loan or 3.74% car loan first?
Replies: 38
Views: 2029

Re: Pay down 7% 403b loan or 3.74% car loan first?

403b loan is 12.5k at 7% over 30 years. I currently max contributions and I'm told that they wont call the loan if i leave my job. No additional fees. Car loan is 39k at 3.74% over 5 years. The bigger principal on the car means im paying way more interest per month right now. Also the interest for ...
by CyclingDuo
Mon Nov 04, 2019 11:53 am
Forum: Investing - Theory, News & General
Topic: When DID the stock market recover from 1929?
Replies: 51
Views: 4780

Re: When DID the stock market recover from 1929?

My Grandparents lived though this. They were in a farm in a small town in the Midwest ( a long way from Wall Street). I asked once my Grandpa how much money they lost in the stock market crash and bank closings. He laughed and said they were raising their family and they had no extra money to inves...
by CyclingDuo
Mon Nov 04, 2019 10:23 am
Forum: Personal Investments
Topic: How much money is really needed in retirement?
Replies: 74
Views: 9115

Re: How much money is really needed in retirement?

So how should a financially savvy Boglehead look at it? I did a Google search to try and get an estimation on if we are on the right track and every article referenced a multiple of your income (which by the way can change drastically over any given time period). The articles that reference the mul...
by CyclingDuo
Sun Nov 03, 2019 11:42 am
Forum: Personal Investments
Topic: Do you consider pensions as part of your overall asset allocation?
Replies: 67
Views: 5040

Re: Do you consider pensions as part of your overall asset allocation?

I agree with Grabiner and Beehave, that although a pension is not an asset, it might allow someone to logically invest a little more aggressively in their portfolio, especially if the pension covers a significant portion of expenses early in retirement. I agree with Beehave that it's probably an ar...
by CyclingDuo
Sun Nov 03, 2019 7:54 am
Forum: Personal Finance (Not Investing)
Topic: Possible Layoff: Need Assurance That We Will Be Okay
Replies: 153
Views: 12418

Re: Possible Layoff: Need Assurance That We Will Be Okay

While I'm employed at 135K and can cover our bills, and can easily transfer healthcare to my plan, I'm losing sleep, feel sick to my stomach, feel an unbearable pressure that the world is on my shoulders (we help some less fortunate family members), I do technically know (hope?) that we should be o...
by CyclingDuo
Sun Nov 03, 2019 6:53 am
Forum: Personal Finance (Not Investing)
Topic: 25yo financial check-in
Replies: 13
Views: 1275

Re: 25yo financial check-in

I’m 25yo and work at a healthcare company as a financial data analyst. My salary is $70K and I live on approximately $30K per year, for a 65% after tax savings rate or a 50% gross savings rate. I’ve maxed my 401K for two years and my Roth IRA for three years. I plan to continue maxing those account...
by CyclingDuo
Sat Nov 02, 2019 12:11 pm
Forum: Personal Investments
Topic: Do you consider pensions as part of your overall asset allocation?
Replies: 67
Views: 5040

Re: Do you consider pensions as part of your overall asset allocation?

My wife and I would both have pensions at retirement. Hers would be a federal pension and mine a corporate pension. Both reasonably solid. Hers as solid as you can get being back by the federal government. Do you value these income flows along with social security as fixed income as part of an over...
by CyclingDuo
Fri Nov 01, 2019 11:21 am
Forum: Personal Finance (Not Investing)
Topic: Possible Layoff: Need Assurance That We Will Be Okay
Replies: 153
Views: 12418

Re: Possible Layoff: Need Assurance That We Will Be Okay

So, what is really driving this question? Not long ago you started a thread ( https://www.bogleheads.org/forum/viewtopic.php?f=1&t=292873&p=4798664#p4798664 ) about your fear of quitting, maybe the layoff is really a blessing so you don't have to fret over quitting. I'm scared. I'm afraid of failur...
by CyclingDuo
Fri Nov 01, 2019 10:21 am
Forum: Personal Finance (Not Investing)
Topic: Possible Layoff: Need Assurance That We Will Be Okay
Replies: 153
Views: 12418

Re: Possible Layoff: Need Assurance That We Will Be Okay

With a $4.26k portfolio and $75k annual spend, you have 57x annual expenses saved (before SS income). You will absolutely positively be fine if you are laid off even without a severance package. Do start updating your resume etc. just to feel like you are doing “something” about a work situation yo...
by CyclingDuo
Fri Nov 01, 2019 9:37 am
Forum: Personal Finance (Not Investing)
Topic: Why is money such a taboo topic?
Replies: 12
Views: 1145

Re: Why is money such a taboo topic?

PackersFan12 wrote:
Fri Nov 01, 2019 9:10 am
Seriously, why? Why are people so afraid and uncomfortable to talk about money?
Type your question in a Google search and you'll get over 12M hits. :beer
by CyclingDuo
Fri Nov 01, 2019 8:28 am
Forum: Personal Investments
Topic: Worried I am getting addicted to individual stocks.
Replies: 113
Views: 7318

Re: Worried I am getting addicted to individual stocks.

Greetings, I'm a long time lurker who has spent many a night perusing this site. I finally signed up as a member, and 7 months later, I am making my first post. I'd like to get the group's opinion on my investment strategy and whether or not I am embarking on a slippery slope (or if I'm already sli...
by CyclingDuo
Thu Oct 31, 2019 7:12 pm
Forum: Personal Investments
Topic: Got Finances in Order, ready to begin investing?
Replies: 22
Views: 1604

Re: Got Finances in Order, ready to begin investing?

Despite turning your back on 4.5% of free money, it is really hard to make the case for a 401K contribution. Currently about 24% of your after tax pay goes to consumer debt payments. That is a very high number. That 7k per year you are contributing can make a nice dent in this consumer debt. While ...
by CyclingDuo
Wed Oct 30, 2019 7:47 am
Forum: Personal Consumer Issues
Topic: Have you ever purchased a pricy musical instrument?
Replies: 106
Views: 7354

Re: Have you ever purchased a pricy musical instrument?

I'm curious if any BHs have bought an expensive musical instrument. I guess expensive is a subjective term so I'll leave it to responders to define relative to their own experience. If you did, what was it and what was the purpose? Collect? Play? Gift? Other? Do you still have it or did you sell it...
by CyclingDuo
Wed Oct 30, 2019 7:14 am
Forum: Personal Consumer Issues
Topic: I want a pre-made, wholesome lunch delivered to me daily for under $15. Options?
Replies: 52
Views: 4684

Re: I want a pre-made, wholesome lunch delivered to me daily for under $15. Options?

snackdog wrote:
Wed Oct 30, 2019 5:40 am
I agree - one is better off making it at home and for way under $15/day. More like $5/day.
I pack my lunch for about 52 cents to $1 per day and stuff the annual lunch savings of around $3K into investments instead. :beer
by CyclingDuo
Tue Oct 29, 2019 12:49 pm
Forum: Personal Finance (Not Investing)
Topic: California Fires: Landlord/Tenant Question
Replies: 71
Views: 4118

Re: California Fires: Landlord/Tenant Question

I live in Northern California but I'm not directly affected by the fires or the power outages. We happen to live in an area that isn't at risk, right near San Francisco. A couple that we are good friends with have a newborn baby and live in an area where the power was shut off. It gets too cold at ...
by CyclingDuo
Tue Oct 29, 2019 8:38 am
Forum: Personal Investments
Topic: Got Finances in Order, ready to begin investing?
Replies: 22
Views: 1604

Re: Got Finances in Order, ready to begin investing?

Hello. I began this journey on the forums 18 months ago and the advice and guidance given here was harsh, but needed to be said to me. I have turned my financial landscape around thanks to the help from this group. Thank you. Here is my info: Emergency funds: $10,000 Currently have 2 months on hand...
by CyclingDuo
Mon Oct 28, 2019 12:50 pm
Forum: Personal Consumer Issues
Topic: Where can I have photos scanned?
Replies: 22
Views: 11421

Re: Where can I have photos scanned?

I'm looking to have a bunch of photos scanned. Does Costco do this? I know they have some good options for converting video to DVD and photo options. Where is the best place for this and how much does it cost? How high of quality to you want them to be? You can do it for free using your iPhone and ...
by CyclingDuo
Mon Oct 28, 2019 11:46 am
Forum: Investing - Theory, News & General
Topic: Stock market index investing - problem of induction?
Replies: 41
Views: 3597

Re: Stock market index investing - problem of induction?

That graphic mixes apples and oranges in a way so ridiculous as to deserve no answer. But even if it were true, we are no longer in a period that can be described as "free market economics" given the huge amount of government intervention in markets worldwide since the Financial Crisis and the grow...
by CyclingDuo
Mon Oct 28, 2019 10:57 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 1878
Views: 195228

Re: U.S. stocks continue to soar!

willthrill81 wrote:
Mon Oct 28, 2019 10:22 am
After 3 months of sideways movement, it's nice to see the S&P reach new highs.
Cheers! :beer

https://www.youtube.com/watch?v=zfqMCwk_oKU
by CyclingDuo
Mon Oct 28, 2019 10:28 am
Forum: Investing - Theory, News & General
Topic: WaPo: Many Investors Have Sat Out Rally
Replies: 87
Views: 15064

Re: Re:

No offense, but "staying the course" during the very mild and temporary dips we've seen this year is nothing like hanging on when major international banks were collapsing and headlines were screaming daily about the imminent collapse of the global financial system. I did not have much in equities ...
by CyclingDuo
Sun Oct 27, 2019 10:03 pm
Forum: Investing - Theory, News & General
Topic: Stock market index investing - problem of induction?
Replies: 41
Views: 3597

Re: Stock market index investing - problem of induction?

There is so much glossing over of details, so much repeating of comforting mantras, and so little willingness to face the fact that "risk" means gambling, and that though the odds have been excellent in the past, you don't know what they are going forward. You just can't know. If you invest knowing...
by CyclingDuo
Sat Oct 26, 2019 9:57 am
Forum: Investing - Theory, News & General
Topic: Stock market index investing - problem of induction?
Replies: 41
Views: 3597

Re: Stock market index investing - problem of induction?

The responses so far do seem to confirm the idea that people are basing their strategy on past performance. I personally feel that today's form of super capitalism, with a few companies engulfing others world wide in a highly monopolistic manner, with earnings heavily dependent on financial enginee...
by CyclingDuo
Sat Oct 26, 2019 9:47 am
Forum: Investing - Theory, News & General
Topic: WaPo: Many Investors Have Sat Out Rally
Replies: 87
Views: 15064

Re:

I think the Boglehead method is boring to most people and viewed as an admittance that they aren't any smarter than the next guy. A timing approach, on the other hand, is a declaration that one is smarter than most other people. Who wants to be average when they can be in a position to boast about ...
by CyclingDuo
Sat Oct 26, 2019 7:57 am
Forum: Personal Finance (Not Investing)
Topic: Reduce roth 401(k) to just match to prepay mortgage?
Replies: 50
Views: 2484

Re: Reduce roth 401(k) to just match to prepay mortgage?

Mind if I ask a question beforehand, because I'm confused why such details matter. Why isn't the question just with my next dollar, where should I place it to maximize my net-worth at the end of the mortgage or perhaps at the beginning of retirement)? (I'm not trying to be difficult, sorry if its c...
by CyclingDuo
Fri Oct 25, 2019 7:13 am
Forum: Personal Investments
Topic: need your wise advice about what to do next in my life
Replies: 24
Views: 3144

Re: need your wise advice about what to do next in my life

hello everyone. I am 31 years old, about to turn 32 and have about 100K saved up. I have two airbnb and another house, which is being rented month to month. my passive income is about 12K per month and i also have a career, but i don't see myself still working at this job in 3-4 years, it just isnt...
by CyclingDuo
Fri Oct 25, 2019 6:45 am
Forum: Personal Finance (Not Investing)
Topic: Reduce roth 401(k) to just match to prepay mortgage?
Replies: 50
Views: 2484

Re: Reduce roth 401(k) to just match to prepay mortgage?

Let's assume for the moment that I'm sticking with roth 401(k). Okay, we'll assume that. Looks like you are about age 29-30 based on searching some of your early posts. If you did cut back on your contributions to the 401k to the point of only receiving the employer match and redirected that cut mo...
by CyclingDuo
Thu Oct 24, 2019 12:57 pm
Forum: Investing - Theory, News & General
Topic: Christine Benz article on door to door financial people
Replies: 59
Views: 6215

Re: Christine Benz article on door to door financial people

Mr.BB wrote:
Thu Oct 24, 2019 6:14 am
There is an excellent article from Morningstar Christine Benz about her experience with a door to door financial salesperson in today's Morningstar.
She doesn't say which firm but you just know which company it is.
Edward Jones?
by CyclingDuo
Thu Oct 24, 2019 10:50 am
Forum: Personal Investments
Topic: 11 Reasons to Carry a Big, Long Mortgage by Ric Edelman.
Replies: 93
Views: 10825

Re: 11 Reasons to Carry a Big, Long Mortgage by Ric Edelman.

The market doesn't have to be down for 30 years to force you out of your home. It only has to dip temporarily down far enough to make you miss payments. Witness the crash of '08 and how many people lost their homes. 7.8% of people lost their homes - or about 10 Million lost their homes in the US ou...
by CyclingDuo
Thu Oct 24, 2019 9:40 am
Forum: Personal Investments
Topic: High income earner waiting for a bear market to start investing
Replies: 119
Views: 12080

Re: High income earner waiting for a bear market to start investing

Hi guys, thanks so much for all the input I read everything and appreciate all the ideas, and find funny the trolling comment but its understandable. So let me clear up a few things. - I lived in debt my whole life. My parents believed in using debt to fund anything and everything and had no proble...
by CyclingDuo
Thu Oct 24, 2019 9:18 am
Forum: Personal Investments
Topic: 29 Year Old with Low Income, HCOL, Large LTCG
Replies: 12
Views: 1554

Re: 29 Year Old with Low Income, HCOL, Large LTCG

Hi Bogleheads, I've posted a few questions over the past few years asking for help and the forums have been a wonderful source of help. I've used most of the advice but have been too hesitant and hands off to make some important financial moves that I'm convinced I need to make based on extensive f...
by CyclingDuo
Thu Oct 24, 2019 7:53 am
Forum: Personal Finance (Not Investing)
Topic: Teaching Resources?
Replies: 17
Views: 845

Re: Teaching Resources?

Does anybody have any ideas for materials or a teacher that could do a 2 hour financial workshop for parents at an elementary school, in a bogle'y, non-sales way? My children's elementary school sent out a flyer about a 2 hour "Financial Planning" workshop that was going to be hosted for parents at...
by CyclingDuo
Thu Oct 24, 2019 6:55 am
Forum: Personal Finance (Not Investing)
Topic: Is principal portion of mortgage counted for savings rate purposes?
Replies: 126
Views: 6655

Re: Is principal portion of mortgage counted for savings rate purposes?

Personally I would count it since it directly increases my Net Worth. But a bank or another financial institution might not see it that way https://thefinancebuff.com/savings-rate-mortgage-loan-payments.html#comments We finally have a logically consistent answer. Loan principal payments are savings...
by CyclingDuo
Wed Oct 23, 2019 8:35 am
Forum: Personal Investments
Topic: How do you get over an investing mistake?
Replies: 42
Views: 2046

Re: How do you get over an investing mistake?

But I sold slightly less than 15% of my position at the halfway mark, so I missed out on approximately 50% of the gains on 15% of this position. How do you get over mistakes like these, psychologically? I'm sure it's happened to many posters, but I'm not sure if you beat yourself up as badly over i...
by CyclingDuo
Wed Oct 23, 2019 7:41 am
Forum: Personal Finance (Not Investing)
Topic: Inherited Annuity - Best Payment Method
Replies: 4
Views: 616

Re: Inherited Annuity - Best Payment Method

I recently inherited a small annuity. I'm looking for some thoughts on the best tax strategy option for the payment. Here are the details: Current Taxable Amount $17,000 Fixed Interest Rate of 4.0%. Options for payment: 1. Lump Sum Payment. 2. Delayed Distribution. It can be delayed up to 5 years a...
by CyclingDuo
Tue Oct 22, 2019 5:45 pm
Forum: Personal Consumer Issues
Topic: iPhone 6 Plus - upgrading
Replies: 6
Views: 572

Re: iPhone 6 Plus - upgrading

I have a sluggish iPhone 6 Plus....battery reads at 81% - can either get a new battery or buy a newer model. I am a light user and want a second phone anyway, so leaning toward buying a new phone AND getting the battery replaced. I appreciate the larger screen of the Plus - should I go for an 8 Plu...