Search found 22 matches

by WpgGuy
Wed Jan 24, 2018 9:01 pm
Forum: Personal Finance (Not Investing)
Topic: Dear wife quits job and now we are down to 1 income
Replies: 190
Views: 20165

Re: Dear wife quits job and now we are down to 1 income

This is a very old fashion way of thought. Even if it’s break even, a spouse *should* continue to work to maintain their skills and career prospects, especially one who was pulling in 70k (!!). It is well understood that women take huge future earnings hits by doing this, it’s bad for equality, it’...
by WpgGuy
Wed Jan 24, 2018 5:25 pm
Forum: Investing - Theory, News & General
Topic: I'm Calling an Emerging Markets Bottom
Replies: 292
Views: 60035

Re: I'm Calling an Emerging Markets Bottom

The OP made a great call on this thread, given the callan tables, how does one feel going forward? EM continues to be strong. I think the general consensus on EM is right. Very high risk for hopefully higher than average return. The volatility has been quite a ride which matches the expected outcom...
by WpgGuy
Wed Jan 24, 2018 1:08 pm
Forum: Personal Finance (Not Investing)
Topic: Dear wife quits job and now we are down to 1 income
Replies: 190
Views: 20165

Re: Dear wife quits job and now we are down to 1 income

If your wife is interested in raising them at home, you might find there isn't much difference financially whether she works or stays home for the next few years. This is a very old fashion way of thought. Even if it’s break even, a spouse *should* continue to work to maintain their skills and care...
by WpgGuy
Wed Jan 24, 2018 4:59 am
Forum: Investing - Theory, News & General
Topic: I'm Calling an Emerging Markets Bottom
Replies: 292
Views: 60035

Re: I'm Calling an Emerging Markets Bottom

The OP made a great call on this thread, given the callan tables, how does one feel going forward? EM continues to be strong. I think the general consensus on EM is right. Very high risk for hopefully higher than average return. The volatility has been quite a ride which matches the expected outcom...
by WpgGuy
Tue Jan 23, 2018 7:51 pm
Forum: Personal Investments
Topic: 50% of my portfolio in FANG - 15% in NVDA
Replies: 64
Views: 8592

Re: 50% of my portfolio in FANG - 15% in NVDA

Right now I have around half my retirement fund in Facebook and Google and Amazon. I dont own any Netflix since it doesn't make any sense to me. I started buying NVDA in the 20s and has been one of the highest flyers over past 2 years and I have like a 700%+ return in 2 years. It's now grown to abo...
by WpgGuy
Tue Jan 23, 2018 3:23 am
Forum: Personal Investments
Topic: Ready to give up on bond fund, Lost 2.25% past 6 months
Replies: 85
Views: 13285

Re: Ready to give up on bond fund, Lost 2.25% past 6 months

Novice here. I have small part of my retirement portfolio in the bond fund of SWAGX, an intermediate bond fund from Schwab. It’s been losing money ever since I bought it 6 months ago. I want to just give up and invest in a 2% cd at synchrony instead. I thought bonds were supposed to be the stablizi...
by WpgGuy
Mon Jan 22, 2018 2:11 am
Forum: Personal Consumer Issues
Topic: Anyone disenchanted with retirement?
Replies: 306
Views: 45368

Re: Anyone disenchanted with retirement?

If your career is very stressful, and especially if you don't have dependents at risk, then I highly recommend turning life upside down with an early retirement. If you're like me, you'll find that there are many things that you can do and want to do when you are younger but not when you are older....
by WpgGuy
Sat Jan 20, 2018 1:12 pm
Forum: Personal Consumer Issues
Topic: Anyone disenchanted with retirement?
Replies: 306
Views: 45368

Re: Anyone disenchanted with retirement?

... This all kinda made me really think hard when enough is enough, but not really sure how to think of this kinda thing. The temptation is to think “it won’t happen to me” (rationally I know it’s a remote event), but if it ever did I’d at least like to think I lived my life to its fullest. For tho...
by WpgGuy
Sat Jan 20, 2018 4:03 am
Forum: Personal Consumer Issues
Topic: Anyone disenchanted with retirement?
Replies: 306
Views: 45368

Re: Anyone disenchanted with retirement?

I have a slightly tangential question, somewhat dark. I’m late 30s, but on track for a pretty early retirement if I want it (maybe 42?). I recently came across the story of a colleague who past away very young from a sudden disease after doing everything right in life (given under a year to live :/)...
by WpgGuy
Thu Jan 18, 2018 6:51 am
Forum: Personal Consumer Issues
Topic: London/Paris Trip Questions
Replies: 41
Views: 2641

Re: London/Paris Trip Questions

1. Is it cheaper to purchase plane tickets and book the hotel online (e.g. Travelocity, Expedia etc.)? Or should I look for a travel agent here in the US to help. +1 to other posters, just use Google Flights for Flights, and online booking sites for hotel. I've been to London quite a few times (goi...
by WpgGuy
Tue Jan 16, 2018 12:27 pm
Forum: Investing - Theory, News & General
Topic: A 4% move in the Dow and S&P in 12 days? Seems odd
Replies: 94
Views: 9125

Re: A 4% move in the Dow and S&P in 12 days? Seems odd

Bogleheads....I am struggling to recall a time where 'Mr. Market' moved like this in 12 days Let me help, this (>=4% in 7 trading days) has happened 110 times since March 2009 [1]. There is nothing even remotely unique about this. Stay the course. [1] https://www.Washingtonpost.com/news/get-there/w...
by WpgGuy
Mon Jan 08, 2018 3:00 am
Forum: Investing - Theory, News & General
Topic: Does the S&P 500 Grow Faster Than the Economy?
Replies: 31
Views: 4045

Re: Does the S&P 500 Grow Faster Than the Economy?

3) Nearly the entire difference between market's long-term historical price growth (1.9%, in yellow) and its total return growth (6.3%, in green) is due to the compounding effect of reinvested dividends! [/list] IIRC "survivorship bias" is also a big factor -> https://en.wikipedia.org/wiki/Survivor...
by WpgGuy
Mon Jan 08, 2018 2:13 am
Forum: Forum Issues and Administration
Topic: Help me understand question-less financial status (e.g. "2 comma club") threads.
Replies: 175
Views: 18541

Re: Help me understand question-less financial status (e.g. "2 comma club") threads.

IMHO, those threads are confirmations that the BH methods work, regardless of income levels. Encouragements to stay the course when markets tank. They are examples of people who make it via BH method despite 1987, 2000, 2008 so I will stick to my AA when the next one hit. The actionable benefits of...
by WpgGuy
Sat Jan 06, 2018 5:32 am
Forum: Investing - Theory, News & General
Topic: Does the S&P 500 Grow Faster Than the Economy?
Replies: 31
Views: 4045

Re: Does the S&P 500 Grow Faster Than the Economy?

3) Nearly the entire difference between market's long-term historical price growth (1.9%, in yellow) and its total return growth (6.3%, in green) is due to the compounding effect of reinvested dividends! [/list] IIRC "survivorship bias" is also a big factor -> https://en.wikipedia.org/wiki/Survivor...
by WpgGuy
Thu Jan 04, 2018 11:58 pm
Forum: Investing - Theory, News & General
Topic: Hitting The Sell Button
Replies: 233
Views: 33243

Re: Hitting The Sell Button

A lot of these posts sound like market timing disguised as rebalancing. Is this rebalancing to your pre-determined AA or a new AA because the market is "frothy" in your view? I'm staying the course at 80/20 (stocks/bonds; late 30s in age), but the way I read these posts is it's more about folks fee...
by WpgGuy
Thu Jan 04, 2018 9:40 pm
Forum: Investing - Theory, News & General
Topic: Hitting The Sell Button
Replies: 233
Views: 33243

Re: Hitting The Sell Button

A lot of these posts sound like market timing disguised as rebalancing. Is this rebalancing to your pre-determined AA or a new AA because the market is "frothy" in your view? I'm staying the course at 80/20 (stocks/bonds; late 30s in age), but the way I read these posts is it's more about folks fee...
by WpgGuy
Mon Jan 01, 2018 9:14 pm
Forum: Personal Investments
Topic: Company Stock - % in portfolio
Replies: 42
Views: 4297

Re: Company Stock - % in portfolio

Currently I have 26% of overall investment assets in company stock This makes about 44% of taxable and 0% in tax deferred accounts. I was lucky enough to have more then double my money in last few years. I have sold all the RSU soon vested during 2017 soon after they vest in order to limit the expo...
by WpgGuy
Mon Jan 01, 2018 4:00 pm
Forum: Investing - Theory, News & General
Topic: Bonds - Throw it all on the table!!!
Replies: 372
Views: 63548

Re: Bonds - Throw it all on the table!!!

I'm in my late 30s, and my target AA is 80% stock, 20% bonds (currently 82/18 to be precise). Bond holdings are: All bonds held in taxable account, of the bond holdings they are: 44% VCAIX - California Intermediate Muni (I live in CA), 0.19% ER, 5.6 year ave duration 44% VWITX - National Intermediat...
by WpgGuy
Tue Dec 19, 2017 1:56 pm
Forum: Personal Investments
Topic: Retire in my early 40s? Crazy or actually doable?
Replies: 77
Views: 13489

Re: Retire in my early 40s? Crazy or actually doable?

Wow...only on Bogleheads do we get clowns with almost 3 million dollars asking if they can retire. The answer is 'yes', regardless of age. You are a clown....and I mean that in a good way! Congrats on your success so far. And only on Bogleheads would 40% of the posters advise against it. Truer word...
by WpgGuy
Sun Dec 17, 2017 5:14 pm
Forum: Personal Finance (Not Investing)
Topic: Real Estate taxes in 2017
Replies: 6
Views: 801

Re: Real Estate taxes in 2017

I haven't seen this discussed but I'm bringing it up with my tax accountant. I would think that the best strategy would be to be to prepay all 2018 property taxes, all estimated state/local income taxes for the entire year, and make all the charitable contributions, all in 2017. I have little mortg...
by WpgGuy
Sun Dec 10, 2017 8:35 pm
Forum: Investing - Theory, News & General
Topic: Buying index funds is just as speculative as buying Bitcoin
Replies: 64
Views: 5518

Re: Buying index funds is just as speculative as buying Bitcoin

The vast majority of people buying index funds don’t care much about the underlying companies they are purchasing shares of. Their primary goal is to perform as well as the underlying market and hopefully beat inflation. They are speculating that by throwing their money into a little bit of everyth...
by WpgGuy
Fri Dec 01, 2017 1:31 am
Forum: Personal Finance (Not Investing)
Topic: A good friend has nearly $1M in BitCoin what do I tell him?
Replies: 149
Views: 19829

Re: A good friend has nearly $1M in BitCoin what do I tell him?

I’d recommend you keep your advice to yourself. Or at best point him to some good forums. I hate to say it, but your friend is just whofully out gunned in this game, and has no real idea what/who’s he’s dealing with. Does he understand how bitcoin is mined? How people went from CPUs to GPUs to ASICs...