Search found 147 matches

by TheHouse7
Fri Oct 20, 2017 10:05 pm
Forum: Investing - Theory, News & General
Topic: Why do I need bonds? (I'm 30)
Replies: 4
Views: 93

Why do I need bonds? (I'm 30)

I found this awesome comment: Re: Dave Ramsey on Bonds Quote Post by CyberBob » Sat Mar 29, 2014 10:08 am I think Dave's reasoning on limiting bonds in your portfolio is quite suspect. However, in a roundabout way, he essentially arrives at a similar conclusion as Warren Buffett. That is, that volat...
by TheHouse7
Fri Oct 20, 2017 10:01 pm
Forum: Investing - Theory, News & General
Topic: Does Dave Ramsey have a clue?
Replies: 25
Views: 1355

Re: Does Dave Ramsey have a clue?

Helo80 wrote:
Fri Oct 20, 2017 9:51 pm
Nate79 wrote:
Fri Oct 20, 2017 8:02 pm
I don't think we need another bash Dave Ramsey thread which is what every one of them turn into.
Yeah, unfortunately...
I think there will be much more Bogleheads in the future thanks to Dave getting people out of debt and looking for alternative investment advise(me).
by TheHouse7
Fri Oct 20, 2017 7:21 pm
Forum: Personal Finance (Not Investing)
Topic: just hit the two comma club today...some thoughts
Replies: 16
Views: 2587

Re: just hit the two comma club today...some thoughts

Congrats! :sharebeer Onwards and upwards. Most millionaires did not get there by luck, windfalls or inheritances. They arrived by taking little steps that compounded into giant great leaps over time with occasional bumps in the road. Good work! +1 Hope to hit the same mile stone in 10 years! (30yro...
by TheHouse7
Fri Oct 20, 2017 6:43 pm
Forum: Investing - Help with Personal Investments
Topic: Does anyone here with net worths north of $1 mil use financial advisors?
Replies: 41
Views: 2325

Re: Does anyone here with net worths north of $1 mil use financial advisors?

radiowave wrote:
Fri Oct 20, 2017 5:25 pm
RadAudit wrote:
Fri Oct 20, 2017 5:21 pm
My FA is Bogleheads.org, the books, the wiki ... Their charge for AUM seems reasonable.

Many thanks to all.
+1 :)
+1
by TheHouse7
Fri Oct 20, 2017 7:19 am
Forum: Investing - Theory, News & General
Topic: Sitting on cash....Waiting for a crash
Replies: 175
Views: 25524

Re: Sitting on cash....Waiting for a crash

:annoyed Granted if a person believed it was ever a good plan to sit on cash and wait for a crash, now would not be the right time to do it. The best indicator to me that the market is not overvalued is the behavior of "quiet" people. There are plenty of big wheels rolling around making noise, but b...
by TheHouse7
Thu Oct 19, 2017 1:05 pm
Forum: Investing - Theory, News & General
Topic: Is a crash coming soon?
Replies: 62
Views: 4758

Re: Is a crash coming soon?

No a crash is not coming any time soon (3+ years).

I'm a young investor praying every day for a market crash, and for me to keep my job. :twisted:
by TheHouse7
Tue Oct 17, 2017 10:44 pm
Forum: Personal Consumer Issues
Topic: Toilet Woes
Replies: 46
Views: 5099

Re: Toilet Woes

whodidntante wrote:
Sat Sep 23, 2017 2:43 pm
For slow fill, you could have:
low water pressure
obstruction in the fill valve
leaking flapper or toilet tank
haunted toilet
Seriously just clicked on the topic for some laughs.

:D
by TheHouse7
Tue Oct 17, 2017 12:13 pm
Forum: Personal Finance (Not Investing)
Topic: Best way to make some dollars on a 10 day vacation?
Replies: 57
Views: 4917

Re: Best way to make some dollars on a 10 day vacation?

knowledge wrote:
Tue Oct 17, 2017 10:44 am
From a pure utility POV, you'd likely be much better off taking those 10 days to invest in yourself - your health, happiness, knowledge, skills, etc.
+1
by TheHouse7
Tue Oct 17, 2017 12:11 pm
Forum: Personal Finance (Not Investing)
Topic: Car fund in index fun or savings?
Replies: 19
Views: 1253

Re: Car fund in index fun or savings?

TSM for 5+ years
by TheHouse7
Tue Oct 17, 2017 11:39 am
Forum: Investing - Theory, News & General
Topic: Vanguard expects "decent sized correction" soon, sometime, maybe later
Replies: 67
Views: 6480

Re: Vanguard expects "decent sized correction" soon

I'm so ready for stuff to hit the fan.

I'm just wondering how long it will take to turn off the fan and if I get to keep my job. :|
by TheHouse7
Mon Oct 16, 2017 9:04 pm
Forum: Investing - Help with Personal Investments
Topic: Joined the 1 comma club today!!!
Replies: 18
Views: 3428

Re: Joined the 1 comma club today!!!

:sharebeer TheTimeLord
:beer to your health VictoriaF
by TheHouse7
Mon Oct 16, 2017 6:39 pm
Forum: Investing - Theory, News & General
Topic: Roth as good as you think?
Replies: 29
Views: 3412

Re: Roth as good as you think?

I doubt many 25 or 30 year olds can predict what their future tax bracket will be when they retire at ,say, 65. True, but some people have a hint: 1. If your are in the 39% tax bracket, go with tax deferred. 2. If you are making 8 bucks an hour (like my youngest), do a Roth. (Oh, and take the saver...
by TheHouse7
Mon Oct 16, 2017 4:20 am
Forum: Investing - Help with Personal Investments
Topic: a question about selecting investments for 401k
Replies: 8
Views: 489

Re: a question about selecting investments for 401k

From what very little I understand, traditional 401k tax deductible contributions are best under *most* situations. https://thefinancebuff.com/case-against-roth-401k.html You have an awesome selection of funds. Price/valuations of shares hardly matters for a long term buy and hold strategy.( it has ...
by TheHouse7
Sun Oct 15, 2017 10:15 am
Forum: Personal Consumer Issues
Topic: What do you buy in Asian food stores?
Replies: 86
Views: 5357

Re: What do you buy in Asian food stores?

Tamarind paste is the best for copying Pad Thai

It is a gummy substance that is cut in to cook down with your sauce.

16oz for $3.99(DW uses 3/4 Tbls)
by TheHouse7
Sat Oct 14, 2017 8:42 pm
Forum: Personal Finance (Not Investing)
Topic: You career roots and your path to financial independence. "Actionable: steps and tips for others?
Replies: 56
Views: 5438

Re: Blue collar (or other) roots and your path to financial independence. Steps and tips for others?

Learn to love, what you have to do. You will always have work if you keep doing what others are not willing to do. Make plans to show how the person managing you is doing great(needs to be promoted), and don't hold back training the person under you to replace you (make it easy for management to pro...
by TheHouse7
Fri Oct 13, 2017 10:48 pm
Forum: Investing - Theory, News & General
Topic: What's your asset allocation and why?
Replies: 160
Views: 13740

Re: What's your asset allocation and why?

80/20, 60% TSM 20% TISM 20% TBM

Age 30, because of this site... general not invested through a bear market, most recommend between 0-50% stocks be international(so why not 25%).

I don't know nothing.
by TheHouse7
Fri Oct 13, 2017 7:43 am
Forum: Personal Consumer Issues
Topic: A good value wine I found...
Replies: 22
Views: 2520

Re: A good value wine I found...

All seriousness a side: BV Vinyard is my bar set for cab. I found it at costco for 4.78 a bottle (have to buy the case). Usually $8-10 at the stores.
:beer
by TheHouse7
Thu Oct 12, 2017 8:11 pm
Forum: Investing - Help with Personal Investments
Topic: $5.5K to invest - best strategy
Replies: 22
Views: 1576

Re: $5.5K to invest - best strategy

minimalistmarc wrote:
Thu Oct 12, 2017 1:27 am
Best to buy bitcoin. It is 95% likely that all bitcoin holders will be rich in a few years.
:twisted:
by TheHouse7
Thu Oct 12, 2017 9:58 am
Forum: Personal Consumer Issues
Topic: Is there boglehead consensus on buying a car?
Replies: 73
Views: 4795

Re: Is there boglehead consensus on buying a car?

I think if you are in the accumulation phase, buy used.

If you have enough money get whatever you want. :wink:
by TheHouse7
Wed Oct 11, 2017 7:53 pm
Forum: Personal Finance (Not Investing)
Topic: [Boglehead vs Mr Money Mustache philosophies]
Replies: 203
Views: 13698

Re: [Boglehead vs Mr Money Mustache philosophies]

Is there a forum that represents the polar opposite of MMM/Bogleheads? I would be greatly interested in reading a spend-all-you-can/seize the day/go into debt forum. If not, perhaps it's a good business idea. :twisted: Perhaps building a big enough income to leverage up everything to the max could ...
by TheHouse7
Tue Oct 10, 2017 9:16 pm
Forum: Personal Consumer Issues
Topic: Best weight loss resources?
Replies: 54
Views: 2291

Re: Best weight loss resources?

If you need to lose weight, go to MyFitnessPal and set up a free account and then track every bite you eat by weight. Don't take any credit for exercise that you do to allow yourself to eat more calories. You can lose weight and improve your health simply by reducing sugar and highly processed food...
by TheHouse7
Sun Oct 08, 2017 11:04 am
Forum: Investing - Theory, News & General
Topic: Length of bull market become more risky?
Replies: 15
Views: 1537

Re: Length of bull market become more risky?

I thought we were just now arriving at the beginning of the bull that was predicted to begin 17-20 years after the 2000 bear, and that all those other little blips along the way (like 2008) were just... blips? In the case of the Nasdaq 100, yes. It just broke out in July 2016 after nearly 17 years ...
by TheHouse7
Sat Oct 07, 2017 6:49 pm
Forum: Investing - Theory, News & General
Topic: Length of bull market become more risky?
Replies: 15
Views: 1537

Re: Length of bull market become more risky?

Thank you for your time, I realize this topic is not actionable. :annoyed
by TheHouse7
Sat Oct 07, 2017 1:58 pm
Forum: Investing - Help with Personal Investments
Topic: The Best Dave R. Thread (just kidding)
Replies: 9
Views: 981

Re: The Best Dave R. Thread (just kidding)

http://quotes.morningstar.com/chart/fund/chart?t=WAPSX®ion=usa&culture=en_US Western assets has definitely beaten the benchmarks. However during the economic downturn it lost 20% compared to intermediate bond index which lost zero. So it appears it takes on a greater risk profile and is probably...
by TheHouse7
Sat Oct 07, 2017 1:47 pm
Forum: Investing - Help with Personal Investments
Topic: The Best Dave R. Thread (just kidding)
Replies: 9
Views: 981

Re: The Best Dave R. Thread (just kidding)

I would probably go with the Fidelity US Bond Index, primarily because of its lower expenses. The scoop on Dave Ramsey is that is personal finance advice is good, particularly in getting out of debt. His investing advice is not so good though it is hard to go too far wrong with American Funds. I do...
by TheHouse7
Sat Oct 07, 2017 1:45 pm
Forum: Investing - Theory, News & General
Topic: Length of bull market become more risky?
Replies: 15
Views: 1537

Re: Length of bull market become more risky?

I don't think so. Things can tread water for quite a while and after a number of years it will be the same as if there was no bull market. You know, market returns are 1% a year for 8 years. That would still be a bull market. What about markets that gain more than 10%+ a year? We are taught to ackn...
by TheHouse7
Sat Oct 07, 2017 1:14 pm
Forum: Investing - Theory, News & General
Topic: Length of bull market become more risky?
Replies: 15
Views: 1537

Length of bull market become more risky?

Do my investment in a prolonged bull market become more risky at higher valuations?

Should I perceive the same amount of risk whether it is 2 years in to a bull market or 8?

Thanks for answering such a silly question. :|
by TheHouse7
Sat Oct 07, 2017 1:03 pm
Forum: Investing - Help with Personal Investments
Topic: The Best Dave R. Thread (just kidding)
Replies: 9
Views: 981

The Best Dave R. Thread (just kidding)

I have very few bond choices in my 401k: MIP II CL 3 (Managed Income Portfolio II Class 3) Bond Investments Stable Value 0.32% FID US BOND IDX IPR (FXNAX) Bond Investments Income 0.025% WA CORE PLS BOND IS (WAPSX) Bond Investments Income 0.42% FIMM GOVT INST (FRGXX) Short Term Investments N/A 0.18% ...
by TheHouse7
Fri Oct 06, 2017 6:31 pm
Forum: Investing - Theory, News & General
Topic: Time Value of Money (Young Investors)
Replies: 29
Views: 1890

Re: Time Value of Money (Young Investors)

I think most compounding advise falls on deaf ears. The young want a life (cars/house/wife/kids) the experienced want a do over on retirement savings. :D
by TheHouse7
Fri Oct 06, 2017 8:49 am
Forum: Investing - Help with Personal Investments
Topic: Where do you think the money will come from to move the overall market higher?
Replies: 31
Views: 2238

Re: Where do you think the money will come from to move the overall market higher?

Recent polls suggest the general public and professional money managers are both getting skittish about valuations. If these polls are correct, and if people slow their equity investments, where do you see the demand coming from? 3 numbers and a letter. 401k so many people are just dumping $$ in ev...
by TheHouse7
Thu Oct 05, 2017 9:58 pm
Forum: Personal Consumer Issues
Topic: Too much house? (nervous 1st time buyer)
Replies: 57
Views: 3995

Re: Too much house? (nervous 1st time buyer)

Seriously RENT. You can afford to buy. Find the right person first. Buy a house TOGETHER. You don't find the right house and then put the right significant other in it :oops:
by TheHouse7
Thu Oct 05, 2017 4:34 pm
Forum: Investing - Help with Personal Investments
Topic: Millionaire Next Door (Thank you Bogleheads)
Replies: 81
Views: 11103

Re: Millionaire Next Door (Thank you Bogleheads)

:beer My mother had supported me in the same way, she is 3 years past.
by TheHouse7
Thu Oct 05, 2017 4:22 pm
Forum: Personal Consumer Issues
Topic: How do you value your time?
Replies: 97
Views: 3820

Re: How do you value your time?

I get hung up on the ammount I could have worked. DW comes up with appointments during time I would make overtime. Then I start thinking how much it is costing me. Other times I can spend 9 hours round trip to save $300 on something she wants to buy. I enjoy spending time with her.
by TheHouse7
Wed Oct 04, 2017 10:29 pm
Forum: Personal Finance (Not Investing)
Topic: Rules of Thumb: Max House Value as % of Net Worth?
Replies: 112
Views: 15919

Re: Rules of Thumb: Max House Value as % of Net Worth?

edge wrote:
Sun Jul 24, 2016 11:22 am
There is none. This is not a good question. Home affordability is normally about income and human capital vs. expense.
+1 This is silly. :?
by TheHouse7
Wed Oct 04, 2017 7:47 pm
Forum: Investing - Help with Personal Investments
Topic: Are credit cards rewards worth it?
Replies: 103
Views: 6035

Re: Are credit cards rewards worth it?

I found giving up ~$200 in rewards per year was easy. I hate thinking about payments. What's one or two more payments? You have to pay all of the other bills one way or another. It's not only more mental accounting, but messes up my monthly budget in YNAB :annoyed Simplify, Simplify, Simplify. That...
by TheHouse7
Wed Oct 04, 2017 7:32 pm
Forum: Personal Consumer Issues
Topic: On the video games path - how to set it up with younger kids
Replies: 36
Views: 2023

Re: On the video games path - how to set it up with younger kids

I think you’d be better off keeping your house video game free. These games are designed to be addictive and turn out highly addictive to some. In return I don’t see any redeeming social value. I think occasional play dates with friends is enough exposure. +1 as an avid gamer(30) I will be much mor...
by TheHouse7
Wed Oct 04, 2017 9:33 am
Forum: Personal Finance (Not Investing)
Topic: What age did you become debt free and what opportunities did it create?
Replies: 131
Views: 18288

Re: What age did you become debt free and what opportunities did it create?

30, and my wife has quit work easily at 28 being 3 months pregnant with our first kid. :beer

Dream big. Have a 10 year outlook on your decisions.
by TheHouse7
Wed Oct 04, 2017 7:27 am
Forum: Investing - Theory, News & General
Topic: Crisis of Confidence - Choosing Bond allocations in portfolio
Replies: 24
Views: 1816

Re: Crisis of Confidence - Choosing Bond allocations in portfolio

Stay the course. I have had the same thoughts and the best thing to do is stop worrying about AA and try to find more to contribute.

:sharebeer
by TheHouse7
Mon Oct 02, 2017 9:37 pm
Forum: Personal Finance (Not Investing)
Topic: Share your net worth progression
Replies: 574
Views: 151155

Re: Share your net worth progression

jbird11 wrote:
Mon Jan 23, 2017 4:16 pm
Started using Personal Capital 40 months ago.

Started at 127K now 416K.

Wondering if $7K+ per month to NetWorth is good/bad based on $160K combined income?
I think it is fantastic! (50%+ income savings at that income level is sweet)
by TheHouse7
Mon Oct 02, 2017 7:40 pm
Forum: Investing - Help with Personal Investments
Topic: Are credit cards rewards worth it?
Replies: 103
Views: 6035

Re: Are credit cards rewards worth it?

I found giving up ~$200 in rewards per year was easy. I hate thinking about payments.
by TheHouse7
Sat Sep 30, 2017 12:06 pm
Forum: Investing - Theory, News & General
Topic: Which bogleheads have a "high need to take risk"?
Replies: 51
Views: 4477

Re: Which bogleheads have a "high need to take risk"?

Not me, but I see a lot of posts where people are. I think they (at least the younger ones) should be told that 80/20 and doing more saving, even if it means going without, is a far better way to reach their goal. If the goal is not worth doing without to achieve, is it really that important of a g...
by TheHouse7
Thu Sep 28, 2017 12:16 pm
Forum: Investing - Help with Personal Investments
Topic: Increase 401K percentage or contribute to ESPP?
Replies: 14
Views: 853

Re: Increase 401K percentage or contribute to ESPP?

I have one I can sell every month but the transaction cost $40+ a shot :|

Discount is $75 per month. When should I sell vs risk?
by TheHouse7
Wed Sep 27, 2017 7:47 am
Forum: Personal Finance (Not Investing)
Topic: 20% Down Payment Sub-optimal?
Replies: 54
Views: 4371

Re: 20% Down Payment Sub-optimal?

The OP doesn’t consider that by not saving up 20% you haven’t demonstrating your ability to live below your means which is usually a prerequisite for being able to afford a home. If your rent is $1000/mo and the refrigerator goes, you still pay $1000 that month. If you get an invasion of ants and t...
by TheHouse7
Sun Sep 24, 2017 2:58 pm
Forum: Personal Consumer Issues
Topic: Where do you get your news?
Replies: 131
Views: 8347

Re: Where do you get your news?

Wife's Facebook updates that she has to tell me or coworkers Facebook updates. Radio second.
by TheHouse7
Sun Sep 24, 2017 2:54 pm
Forum: Personal Finance (Not Investing)
Topic: financial checkup- expecting first baby
Replies: 5
Views: 858

Re: financial checkup- expecting first baby

Lol crazy high numbers for your age, congrats on the income, have either of you considered taking extended time off after birth due to complications/falling in love with your new baby?

I'm planning on taking at least two weeks off when our first is born.
by TheHouse7
Sun Sep 24, 2017 8:32 am
Forum: Personal Finance (Not Investing)
Topic: The right offer on a home
Replies: 10
Views: 1108

Re: The right offer on a home

I had a very similar situation a year ago. House sold for 243k in 2006. (When it was first built.) Wanted to buy it in 2016, but the market is so hot for homes $200-350k. It listed for 280k and sat on the market for 21 days. It is the cheapest house in the neighborhod, all other houses are 350+ with...
by TheHouse7
Sat Sep 23, 2017 3:55 pm
Forum: Personal Finance (Not Investing)
Topic: Anyone own a home and drop insurance coverage after mortgage paid off?
Replies: 36
Views: 2394

Re: Anyone own a home and drop insurance coverage after mortgage paid off?

Wondering if anyone here has experience (positive or negative) with getting rid of their homeowners policy completely after they paid off their mortgage. Does it make sense to essentially self insure if one can afford it? The vast majority of the value of my property is in the land. I have to pay h...
by TheHouse7
Sat Sep 23, 2017 12:27 pm
Forum: Local Chapters and Bogleheads Community
Topic: Bogleheads you would most like to meet and why?
Replies: 134
Views: 8994

Re: Bogleheads you would most like to meet and why?

KlangFool & VictoriaF, both have expanded my world view in ways I never thought possible. :happy
by TheHouse7
Sat Sep 23, 2017 6:12 am
Forum: Personal Finance (Not Investing)
Topic: Life insurance - Your inputs please!
Replies: 9
Views: 599

Re: Life insurance - Your inputs please!

You need to talk to a broker who can work with you to get quotes from companies that deal with health issues. They should know who to and who not to get quotes from. Every insurance company is different. +1 my wife just had the same experience with medical conditions and we still went with costco l...