Search found 384 matches

by TheHouse7
Fri Dec 07, 2018 12:00 am
Forum: Personal Consumer Issues
Topic: What frugal thing did you do today?
Replies: 503
Views: 51097

Re: What frugal thing did you do today?

I stayed home and cleaned up. :beer
by TheHouse7
Thu Dec 06, 2018 11:56 pm
Forum: Investing - Theory, News & General
Topic: Where did you think we'd be today, ten years ago?
Replies: 38
Views: 2837

Re: Where did you think we'd be today, ten years ago?

10 years ago I was a junior in college getting a useless degree, thinking I shouldn't stay in school like a lot of my classmates. It worked out the way God intended. :happy
by TheHouse7
Thu Dec 06, 2018 11:44 pm
Forum: Investing - Theory, News & General
Topic: Who else is getting excited? [about the market]
Replies: 139
Views: 11772

Re: Who else is getting excited?

Folk's overconfidence or lack of insight or both of their job security in a bear market is truly outstanding. Unless your a doctor married to a doctor (which I am) I would not be so confident you will have a job if/ when the market continues to go south. Many folks would LOVED to have bought in 200...
by TheHouse7
Thu Dec 06, 2018 5:06 pm
Forum: Investing - Theory, News & General
Topic: Why are market corrections "healthy"?
Replies: 27
Views: 1971

Re: Why are market corrections "healthy"?

Over the past couple of weeks, listening to TV finance broadcasts while on the treadmill at the gym, several analysts have said that the market is "due for a correction" and that a market correction is "healthy". I'd appreciate if someone would explain why market corrections are "healthy". Thank yo...
by TheHouse7
Wed Dec 05, 2018 9:21 am
Forum: Personal Consumer Issues
Topic: Is this normal for an HOA?
Replies: 87
Views: 7412

Re: Is this normal for an HOA?

megabad wrote:
Tue Dec 04, 2018 5:11 pm
willthrill81 wrote:
Tue Dec 04, 2018 4:52 pm
At this point, I'd say ignore it.
+1
+1
by TheHouse7
Tue Dec 04, 2018 5:49 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 8441
Views: 1662329

Re: U.S. stocks in freefall

Please keep in mind President Bush would have wanted this. May he rest in peace.
by TheHouse7
Tue Dec 04, 2018 4:55 pm
Forum: Investing - Help with Personal Investments
Topic: Can a three fund portfolio beat a fool?
Replies: 47
Views: 2871

Re: Can a three fund portfolio beat a fool?

I'm of the opinion I can't beat anyone at investing, that's why I follow this forum. This is an excellent point for the less experienced investors to keep in mind. The idea should be unless one thinks they can produce positive alpha AFTER fees AFTER taxes and AFTER inflation for even 1/2 of an inve...
by TheHouse7
Tue Dec 04, 2018 4:51 pm
Forum: Investing - Help with Personal Investments
Topic: Can a three fund portfolio beat a fool?
Replies: 47
Views: 2871

Re: Can a three fund portfolio beat a fool?

Keeping peace in the family is the #1 objective. Sounds like you dance a bit. The political aspect is probably most dangerous. Were I you, my comment would be you are probably more conservative financially than he is and wouldn’t sleep as well with his approach. Peace is ficle, I love to dance, I w...
by TheHouse7
Tue Dec 04, 2018 4:42 pm
Forum: Investing - Help with Personal Investments
Topic: Can a three fund portfolio beat a fool?
Replies: 47
Views: 2871

Re: Can a three fund portfolio beat a fool?

Back in the 1990's I used to follow the Motley Fool when it was all free and as I recall they used to have a lot of good things to say about low cost index funds back then but that was in addition to promoting simple strategies like the "Dogs of the Dow". Their simple strategies seemed to work unti...
by TheHouse7
Tue Dec 04, 2018 4:29 pm
Forum: Investing - Help with Personal Investments
Topic: Can a three fund portfolio beat a fool?
Replies: 47
Views: 2871

Re: Can a three fund portfolio beat a fool?

High beta stocks will outperform the market in years when the market is up, but the drawdown is too much in bad years. Not surprising that he sold near the bottom in '08 because of that. It's not a good idea to be competitive about money with your in-laws, anyway. I don't come off as competitive wi...
by TheHouse7
Tue Dec 04, 2018 4:24 pm
Forum: Investing - Help with Personal Investments
Topic: Can a three fund portfolio beat a fool?
Replies: 47
Views: 2871

Re: Can a three fund portfolio beat a fool?

I would say, "That's wonderful!," assuming his daughter will inherit a portion of his estate. There are many roads to Dublin and they all end in the graveyard. His daughter, my wife will be the executor of thier estate. I don't think of inheritance because everyone is so young, I'm 31, they are lat...
by TheHouse7
Tue Dec 04, 2018 4:16 pm
Forum: Investing - Help with Personal Investments
Topic: Can a three fund portfolio beat a fool?
Replies: 47
Views: 2871

Re: Can a three fund portfolio beat a fool?

I appreciate your suggestion, but he doesn't read books, I've sent him the intelligent investor and I don't think he got through it. If you mean Benjamin Graham's "The Intelligent Investor", I'd suggest that this might not have been the best place to start; it's rather an intensive read compared to...
by TheHouse7
Tue Dec 04, 2018 4:13 pm
Forum: Investing - Help with Personal Investments
Topic: Can a three fund portfolio beat a fool?
Replies: 47
Views: 2871

Re: Can a three fund portfolio beat a fool?

by the way, the Motley Fools use the capital F as opposed to the rest of us "fools" (lower case F). If the Fools are so great why do they have newsletters when they offer their own ETF: https://www.bogleheads.org/forum/viewtopic.php?f=10&t=240266&hilit=motley+fool#p3759492 Shouldn't everybody just ...
by TheHouse7
Tue Dec 04, 2018 2:41 pm
Forum: Investing - Help with Personal Investments
Topic: VTI or VTSMX
Replies: 17
Views: 814

Re: VTI or VTSMX

VTSAX will win because they charge you 0.002% when you cash out VTI. VTI will win if you can market time, but in that case, you should hold Bitcoin and Pot stocks instead. EDIT: There is a way to win by trading between both, but it is strictly prohibited by Vanguard and possibly illegal. Exactly :s...
by TheHouse7
Tue Dec 04, 2018 12:12 am
Forum: Personal Finance (Not Investing)
Topic: Wife being sued after wreck
Replies: 21
Views: 4461

Re: Wife being sued after wreck

OP, Do you carry an umbrella insurance? It is for an occasion like this. KlangFool I'm not familiar with an umbrella policy or how to purchase one. Usually you can ask about one with your current insurance provider. Insurance companies usually require maximum liability insurance on auto before issu...
by TheHouse7
Tue Dec 04, 2018 12:06 am
Forum: Investing - Help with Personal Investments
Topic: Can a three fund portfolio beat a fool?
Replies: 47
Views: 2871

Re: Can a three fund portfolio beat a fool?

... Why would you get involved with your family's finances without them asking for help? The average Boglehead will drive to your house and stab you if you suggest you know more than them about investing. :shock: This is absolutely not true. Many Bogleheads use UBER or LYFT, some don't even own car...
by TheHouse7
Tue Dec 04, 2018 12:05 am
Forum: Investing - Help with Personal Investments
Topic: Can a three fund portfolio beat a fool?
Replies: 47
Views: 2871

Re: Can a three fund portfolio beat a fool?

by the way, the Motley Fools use the capital F as opposed to the rest of us "fools" (lower case F). If the Fools are so great why do they have newsletters when they offer their own ETF: https://www.bogleheads.org/forum/viewtopic.php?f=10&t=240266&hilit=motley+fool#p3759492 Shouldn't everybody just ...
by TheHouse7
Tue Dec 04, 2018 12:01 am
Forum: Investing - Help with Personal Investments
Topic: Can a three fund portfolio beat a fool?
Replies: 47
Views: 2871

Re: Can a three fund portfolio beat a fool?

... Why would you get involved with your family's finances without them asking for help? The average Boglehead will drive to your house and stab you if you suggest you know more than them about investing. :shock: This is absolutely not true. Many Bogleheads use UBER or LYFT, some don't even own car...
by TheHouse7
Mon Dec 03, 2018 10:05 pm
Forum: Investing - Help with Personal Investments
Topic: Can a three fund portfolio beat a fool?
Replies: 47
Views: 2871

Re: Can a three fund portfolio beat a fool?

I'm having a very vegue discussion about AA I'm 80/20(20% international) Father in law is 80/20(0% international) He says:Yep, I just follow my Motley Fool's stock picks & recommendations - and it only costs me $100 per year! LOL 😎😎😎🤑🤑🤑 Should I be concerned with his consistent bragging about how e...
by TheHouse7
Mon Dec 03, 2018 9:49 pm
Forum: Investing - Help with Personal Investments
Topic: Can a three fund portfolio beat a fool?
Replies: 47
Views: 2871

Re: Can a three fund portfolio beat a fool?

Should I be concerned with his consistent bragging about how easy it is to beat the index? (He is very competitive.) He might be very competitive, but you don't need to be. Learn to smile pleasantly and say, "How nice for you." I will, last time I said, "That's fantastic! I hope the market tanks an...
by TheHouse7
Mon Dec 03, 2018 9:45 pm
Forum: Investing - Help with Personal Investments
Topic: Can a three fund portfolio beat a fool?
Replies: 47
Views: 2871

Re: Can a three fund portfolio beat a fool?

Should I be concerned with his consistent bragging about how easy it is to beat the index? (He is very competitive.) Looking at your tag line, and then the following from a "growth of $10K" chart from Morningstar, https://i.postimg.cc/kMbMn43w/screenshot-434.png it appears you should not be concern...
by TheHouse7
Mon Dec 03, 2018 9:36 pm
Forum: Investing - Help with Personal Investments
Topic: Can a three fund portfolio beat a fool?
Replies: 47
Views: 2871

Re: Can a three fund portfolio beat a fool?

I don't worry about it. I index because my intent is to match the broad market with very low fees, and avoid all the risks that inherently come with stock picking and various styles and strategies. With a broad-market index fund I know I'm taking on a broad-average of stock market risk, which may n...
by TheHouse7
Mon Dec 03, 2018 9:23 pm
Forum: Investing - Help with Personal Investments
Topic: Can a three fund portfolio beat a fool?
Replies: 47
Views: 2871

Re: Can a three fund portfolio beat a fool?

I don't worry about it. I index because my intent is to match the broad market with very low fees, and avoid all the risks that inherently come with stock picking and various styles and strategies. With a broad-market index fund I know I'm taking on a broad-average of stock market risk, which may n...
by TheHouse7
Mon Dec 03, 2018 9:16 pm
Forum: Investing - Help with Personal Investments
Topic: Can a three fund portfolio beat a fool?
Replies: 47
Views: 2871

Re: Can a three fund portfolio beat a fool?

TheHouse7: May I suggest you give your father-in-law a good book on investing for Christmas. Jack Bogle's "Little Book of Common Sense Investing" might be a good choice. Best wishes Taylor I appreciate your suggestion, but he doesn't read books, I've sent him the intelligent investor and I don't th...
by TheHouse7
Mon Dec 03, 2018 8:59 pm
Forum: Investing - Help with Personal Investments
Topic: Can a three fund portfolio beat a fool?
Replies: 47
Views: 2871

Can a three fund portfolio beat a fool?

I'm having a very vegue discussion about AA I'm 80/20(20% international) Father in law is 80/20(0% international) He says:Yep, I just follow my Motley Fool's stock picks & recommendations - and it only costs me $100 per year! LOL 😎😎😎🤑🤑🤑 Should I be concerned with his consistent bragging about how ea...
by TheHouse7
Sun Dec 02, 2018 10:38 pm
Forum: Personal Finance (Not Investing)
Topic: Do you get a year end bonus?
Replies: 78
Views: 5135

Re: Do you get a year end bonus?

No, I get a corporate email with a GoFundMe link to our district secretary to pitch in for her "Christmas bonus." I'm betting she makes more money than I do. :oops:
by TheHouse7
Sun Dec 02, 2018 7:10 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio - Silicon Valley, Late 20's
Replies: 6
Views: 1024

Re: Portfolio - Silicon Valley, Late 20's

Hi, first timer here. Questions: 1. I would like to keep things simple going forward. Disregarding my Fidelity funds (spoken later in question 2), should I start investing in the three fund portfolio (Vanguard is fine)? I've read up on making sure the expense ratio is low, the turnover is low, etc....
by TheHouse7
Sun Dec 02, 2018 6:48 pm
Forum: Personal Consumer Issues
Topic: Please Recommend a New Car for Me
Replies: 52
Views: 3927

Re: Please Recommend a New Car for Me

RAV4 you will be most impowered, others won't mess with you.
by TheHouse7
Sun Dec 02, 2018 6:34 pm
Forum: Personal Consumer Issues
Topic: Robot Vacuum Cleaner?
Replies: 62
Views: 4750

Re: Robot Vacuum Cleaner?

Wouldn't it be most economical to just pull out the vac once a month and do just do a quick twenty minute vacuum? This is to make a significant other happy, obviously a very large house where they allow thier golden retriever everywhere. We love our GR to death, fence off areas, and good luck. :beer
by TheHouse7
Sun Dec 02, 2018 6:26 pm
Forum: Personal Consumer Issues
Topic: Pixel 3 early adopters: any feedback?
Replies: 42
Views: 3261

Re: Pixel 3 early adopters: any feedback?

My wife ordered her's Thanksgiving, I hope we get it in a week.
by TheHouse7
Sun Dec 02, 2018 6:23 pm
Forum: Personal Finance (Not Investing)
Topic: Home Purchase Price vs. Gross Income
Replies: 59
Views: 4272

Re: Home Purchase Price vs. Gross Income

In 2015 when purchased about 230% off our gross yearly income. Now it is worth about 300% of our gross income, but that has more to do with lower income rather than increase in value. Almost same experience here, bit ours is now 400% with wife stay at home, and market raising faster than my income
by TheHouse7
Sun Dec 02, 2018 6:19 pm
Forum: Investing - Theory, News & General
Topic: First Crypto ETF Index Fund launched!!! $HODL
Replies: 67
Views: 5521

Re: First Crypto ETF Index Fund launched!!! $HODL

First ETF for cryto aka "bitcoin" was released in Switzerland under $HODL. Finally!!! Basically, it looks like a crypto index fund that tracks the largest 5 crypto and rebalance based on market cap. I'm thinking of using my play money which is currently in "alternative assets" (aka commodities, tim...
by TheHouse7
Sun Dec 02, 2018 6:14 pm
Forum: Investing - Help with Personal Investments
Topic: Trying not to use the term timing, but...
Replies: 23
Views: 1842

Re: Trying not to use the term timing, but...

80/20 here, praying for stable job situation for the next down turn.

Oh, you have an idea to beat the market :confused
by TheHouse7
Sun Dec 02, 2018 5:43 pm
Forum: Personal Consumer Issues
Topic: Best values at Costco? Honestly, a little disappointed...
Replies: 148
Views: 15187

Re: Best values at Costco? Honestly, a little disappointed...

We will be getting: Organic Dave's Killer Bread Organic Honey crisp apples Organic peanut butter Organic spinach Organic eggs Organic frozen chicken, green beans, peas Frozen Tyson reduced fat sasage patties Kirkland Spirits Tillamook Kirkland tuna If we can handle the quantity, it will save us $$$ ...
by TheHouse7
Sun Dec 02, 2018 11:49 am
Forum: Personal Finance (Not Investing)
Topic: Is this how early semi-retiring work?
Replies: 13
Views: 2515

Re: Is this how early semi-retiring work?

The best is to be able to cut back on your hours at the higher paying job. What I did was cut back to part time to sufficient hours to still maintain health insurance and the 401k. This way I had a practice retirement. Less hours, less money. Could I live on just what the PT dollars brought in? Als...
by TheHouse7
Sat Dec 01, 2018 12:31 pm
Forum: Personal Finance (Not Investing)
Topic: Using PersonalCapital, Mint, etc.... - and fraud concerns
Replies: 46
Views: 7894

Re: Using PersonalCapital, Mint, etc.... - and fraud concerns

I used Personal Capital but I do not use their aggregator. I enter the info myself. Also there is no need to enter the correct info. If you do not want them to know you have $500,000, just divide all values by 10. Thank you so much for the suggestion! I'm going to try using PC for the first time th...
by TheHouse7
Sat Dec 01, 2018 12:24 pm
Forum: Investing - Theory, News & General
Topic: I'm up 5% ytd and I will take it
Replies: 55
Views: 5997

Re: I'm up 5% ytd and I will take it

No offense, but who cares? Not sure how many times this has to be mentioned, but seems to be often as folks surprisingly even on this board have a very hard time understanding what "passive investor" means. It means by definition if your portfolio goes up by 100% or down 80% it is not your humble b...
by TheHouse7
Fri Nov 30, 2018 10:18 pm
Forum: Investing - Theory, News & General
Topic: Total Stock Market and Mega Cap Risk
Replies: 15
Views: 1563

Re: Total Stock Market and Mega Cap Risk

I've worked for small companies and were always bought up by larger companies. Watch the amount of corporate consolidation happening in the last ten years. I think the mega corps have the fix in, why try to avoid the small benefits you can gain from this environment? :confused
by TheHouse7
Fri Nov 30, 2018 12:42 pm
Forum: Personal Consumer Issues
Topic: Cremation seminar – with complimentary lunch
Replies: 86
Views: 6338

Re: Cremation seminar – with complimentary lunch

sawhorse wrote:
Fri Nov 16, 2018 1:51 am
I have nothing to add other than to say that I find the concept - listening to a cremation seminar while eating - pretty surreal. I would be tempted to go for the experience :P
+1 hadn't thought about the unusual experience aspect, I still wouldn't go
by TheHouse7
Fri Nov 30, 2018 12:37 pm
Forum: Investing - Help with Personal Investments
Topic: Any single income earners with kids able to retire "early"?
Replies: 23
Views: 1552

Re: Any single income earners with kids able to retire "early"?

Yes, you are like us: overly responsible, well on your way, underconfident about raises, and FI is some what dependent on market conditions (because you have incredible savings rate).

Stay healthy, enjoy raising your family.

Alot of people retire with less than 300k and a paid off house.
by TheHouse7
Thu Nov 29, 2018 10:57 pm
Forum: Investing - Theory, News & General
Topic: Bogle Sounds a Warning on Index Funds
Replies: 103
Views: 17798

Re: Bogle Sounds a Warning on Index Funds

After reading this article by the wall street journal (thank God for Reddit), I'm inclined to never read/ click on WSJ articles again. The topic is borderline fear mongering, and the noise will get louder and louder until the high fee part of the industry complely collapses. JFC, it's an op-ed by J...
by TheHouse7
Thu Nov 29, 2018 10:39 pm
Forum: Personal Finance (Not Investing)
Topic: Credit card question
Replies: 8
Views: 649

Re: Credit card question

My question, is there a credit card that looks beyond the credit score? Here is my situation. Since insurance rates etc... are tied to credit scores, I thought I would get a credit card and build up my score. I can't qualify for a decent card :annoyed No, don't play the game when you've already won...
by TheHouse7
Thu Nov 29, 2018 10:31 pm
Forum: Personal Finance (Not Investing)
Topic: Buying with no interest
Replies: 22
Views: 2015

Re: Buying with no interest

I agree with paying cash (or rather paying with a cash back credit card and then paying that off right away). I don't think it's worth it to go through the hassle of financing this and further I'm philosophically against using credit to purchase depreciating consumer items. Paying with cash has man...
by TheHouse7
Thu Nov 29, 2018 8:28 pm
Forum: Investing - Theory, News & General
Topic: Bogle Sounds a Warning on Index Funds
Replies: 103
Views: 17798

Re: Bogle Sounds a Warning on Index Funds

Merry Xmas big banks, Edward Jones, and the like. :twisted:
by TheHouse7
Thu Nov 29, 2018 8:03 pm
Forum: Investing - Help with Personal Investments
Topic: Asset allocation question in current market conditions
Replies: 3
Views: 284

Re: Asset allocation question in current market conditions

Go through with initial plan, you made the right decision 5 years ago.
by TheHouse7
Thu Nov 29, 2018 7:57 pm
Forum: Investing - Theory, News & General
Topic: Current Market Volatility
Replies: 29
Views: 2048

Re: Current Market Volatility

I made some of our accounts 100% TSM to make rebalancing for my wife more simple. Same AA :beer
by TheHouse7
Thu Nov 29, 2018 7:39 pm
Forum: Personal Finance (Not Investing)
Topic: Restaurant Budget
Replies: 113
Views: 6552

Re: Restaurant Budget

That's more than twice as much as my family of 4 spends total on food...it's also less than half of what I know other families spend on eating out. FWIW, our restaurant budget is $0/yr (I think my wife may have spent maybe ~$100 on a few lunches with co-workers in 2018). We are on the extreme end o...
by TheHouse7
Thu Nov 29, 2018 7:32 pm
Forum: Personal Consumer Issues
Topic: How do value the cost of commuting?
Replies: 54
Views: 3417

Re: How do value the cost of commuting?

What an amazing season! Keep up the house work and don't brag to anyone :?