Search found 2030 matches

by H-Town
Sun Nov 17, 2019 8:00 pm
Forum: Personal Investments
Topic: Why do you have to "beat the market"?
Replies: 63
Views: 3395

Re: Why do you have to "beat the market"?

If you're a normal American making 50-60k a year, accepting average returns means you have to spend your entire life putting away a large portion of your salary AND wait 30-50 years until you can retire comfortably. If you could juice those returns, you could save less and retire much earlier--dras...
by H-Town
Sun Nov 17, 2019 10:44 am
Forum: Personal Investments
Topic: Fitbit [stock] giving me fits
Replies: 10
Views: 910

Re: Fitbit giving me fits

I know, buying individual stocks is foolish, but this one worked out, it seems. Alphabet has a deal to purchase Fitbit at $7.35 per share, cash, to go through in 2020 sometime. This price nets me a profit on my shares, but I haven't sold, wanting to defer the capital gains. Now the stock is at $6.8...
by H-Town
Sun Nov 17, 2019 10:29 am
Forum: Personal Investments
Topic: Why do you have to "beat the market"?
Replies: 63
Views: 3395

Re: Why do you have to "beat the market"?

I here people always trying to "beat the market" or the S&P 500. Why would I want to or need to try and beat it? People who need to beat the market are in trouble. They probably don’t save enough. They don’t recognize saving is much more important than investing return. People who want to beat the ...
by H-Town
Sat Nov 16, 2019 10:50 am
Forum: Personal Finance (Not Investing)
Topic: Disturbing experience with Ally Bank
Replies: 89
Views: 9916

Re: Disturbing experience with Ally Bank

OP here again. Today I got word from Ally (via a dozen emails--not kidding) that they had reactivated my account and ability to transfer to all of my linked banks... except Marcus. I called once more this afternoon to see what was happening and finally got a customer service rep to give me more inf...
by H-Town
Fri Nov 15, 2019 6:21 pm
Forum: Personal Consumer Issues
Topic: Best thing you have ever bought?
Replies: 116
Views: 8059

Re: Best thing you have ever bought?

tawebacon wrote:
Fri Nov 15, 2019 4:02 pm
What was the best thing you have purchased, ever, except for a house or a car [edit: or education]? Why do you consider [that to be] your best purchase?
Time.

Sometime it can be very expensive to buy time.
by H-Town
Fri Nov 15, 2019 1:56 pm
Forum: Investing - Theory, News & General
Topic: Letting retirement funds grow, without further contribution
Replies: 38
Views: 2103

Re: Letting retirement funds grow, without further contribution

Let's assume the following. - I'm 40. - I have $500k in retirement savings. If I stop funding my retirement right now and don't put in a single cent for the next 25 years, I should (theoretically) end up with over $1.5M in retirement funds with a conservative 4.5% CAGR. Let's also assume I've calcu...
by H-Town
Thu Nov 14, 2019 3:05 pm
Forum: Personal Consumer Issues
Topic: IHG credit card and Rewards Nights ...
Replies: 24
Views: 1165

Re: IHG credit card and Rewards Nights ...

Yeah, it definitely seems like you've had good experiences with the IHG card. I can see why you're satisfied! :P What do you mean exactly about dynamic points redemption? Do you mean the same hotel may be 30,000 during a slower period but something higher when demand is stronger? If that's the case...
by H-Town
Thu Nov 14, 2019 1:49 pm
Forum: Personal Consumer Issues
Topic: IHG credit card and Rewards Nights ...
Replies: 24
Views: 1165

Re: IHG credit card and Rewards Nights ...

My partner and I got two IHG credit cards a couple of years ago. At the time, we each got a sign-on bonus after meeting the minimum spend and a free stay at a hotel on the anniversary date. I think the annual fee was waived for the first year and we each pay $49 to renew each year. As IHG credit ca...
by H-Town
Thu Nov 14, 2019 12:48 pm
Forum: Personal Investments
Topic: market crash
Replies: 8
Views: 871

Re: market crash

gram wrote:
Thu Nov 14, 2019 12:11 pm
What would you buy if the stock market were to crash big in coming days?
Like when? I'm not buying anything today. It's a Thursday and the 14th of the month.
by H-Town
Wed Nov 13, 2019 4:48 pm
Forum: Personal Consumer Issues
Topic: Saving seats on Southwest
Replies: 210
Views: 11177

Re: Saving seats on Southwest

What's wrong with that? It's open seating. If they both like aisles, they should do exactly this. Totally agree. Gill As long as they don't talk to each other (you need to talk a lot louder to someone across an aisle versus next to you and the sound broadcasts a lot more. And yes it is very noticea...
by H-Town
Wed Nov 13, 2019 12:59 pm
Forum: Personal Consumer Issues
Topic: Saving seats on Southwest
Replies: 210
Views: 11177

Re: Saving seats on Southwest

How about the couples that choose the two aisle seats across from each other, hogging both 3 seat groups? What's wrong with that? It's open seating. If they both like aisles, they should do exactly this. Totally agree. Gill As long as they don't talk to each other (you need to talk a lot louder to ...
by H-Town
Tue Nov 12, 2019 9:19 pm
Forum: Personal Consumer Issues
Topic: Saving seats on Southwest
Replies: 210
Views: 11177

Re: Saving seats on Southwest

Yeah, it's called doing the right thing - I'll continue to purchase earlybirds for all of us. It's the right thing and I doubt SW intended people to abuse the system. We're not starving either. I agree. When I buy it, I buy it for the whole party. What does EB give you then? Why don't you just chec...
by H-Town
Tue Nov 12, 2019 5:57 pm
Forum: Personal Consumer Issues
Topic: Saving seats on Southwest
Replies: 210
Views: 11177

Re: Saving seats on Southwest

Yeah, it's called doing the right thing - I'll continue to purchase earlybirds for all of us. It's the right thing and I doubt SW intended people to abuse the system. We're not starving either. I agree. When I buy it, I buy it for the whole party. What does EB give you then? Why don't you just chec...
by H-Town
Tue Nov 12, 2019 2:22 pm
Forum: Personal Finance (Not Investing)
Topic: Flex Spending Accounts & Retirement Year?
Replies: 4
Views: 210

Re: Flex Spending Accounts & Retirement Year?

I have a flexible spending account and I am planning to retire from the federal government in the first few months of 2020. Do any of you know (or can point me?) the rules on what you can and cannot do in the year you retire? - e.g. if you retire March 31st can you only include be reimbursed on exp...
by H-Town
Mon Nov 11, 2019 8:13 pm
Forum: Personal Finance (Not Investing)
Topic: Do you charge your employer for the time that you spend working on your off days?
Replies: 145
Views: 7559

Re: Do you charge your employer for the time that you spend working on your off days?

Burn out? It's a bit dramatic, don't you think? 60-70 hours week is no where near the peak. The OP has not reached 90-100 hours week, nor has to have 2-3 jobs. How does he expect to get his boss' boss' job, if he doesn't show the drive to get the work done, regardless of the hours or timing? Nowher...
by H-Town
Mon Nov 11, 2019 7:50 pm
Forum: Personal Consumer Issues
Topic: Saving seats on Southwest
Replies: 210
Views: 11177

Re: Saving seats on Southwest

Just had a flight on Southwest, seems like half the people who were on the plane were saving their seats. I admit, I don't fly Southwest often, but my family and I just took a flight. I bought the earlybird for all of us. When we boarded people were saying "sorry this seat is saved". What's the poi...
by H-Town
Sun Nov 10, 2019 12:24 pm
Forum: Personal Finance (Not Investing)
Topic: Do you charge your employer for the time that you spend working on your off days?
Replies: 145
Views: 7559

Re: Do you charge your employer for the time that you spend working on your off days?

MathIsMyWayr, Then, what do you called an employee that worked consistently 60 to 70 hours per week without the corresponding compensation? Then, the person was outsourced when the person is burned up and used up? In OP's case, the boss is new and the boss's boss is new. They may not survive long e...
by H-Town
Sat Nov 09, 2019 1:00 pm
Forum: Investing - Theory, News & General
Topic: US Bonds in free fall
Replies: 46
Views: 4679

Re: US Bonds in free fall

Since this type of thread does not exist here it is now... All the strong recent gains that Bonds have seen seem to be evaporating as we speak. BIV (Vanguard Intermediate Bond ETF) is DOWN 1.6% month to date so far and still dropping. Relative to the annual average expected return for the asset cla...
by H-Town
Sat Nov 09, 2019 12:55 pm
Forum: Personal Finance (Not Investing)
Topic: Do you charge your employer for the time that you spend working on your off days?
Replies: 145
Views: 7559

Re: Do you charge your employer for the time that you spend working on your off days?

I know some make a large salary in exchange for working long hours. Let's assume that you are paid enough to work a 40 hour work week and not much more than that. Case in point, my boss (former colleague who was recently promoted) has been contacting me more and more during my time off (off day or ...
by H-Town
Thu Nov 07, 2019 4:29 pm
Forum: Personal Investments
Topic: How much is too much in an HSA?
Replies: 51
Views: 4229

Re: How much is too much in an HSA?

Here I thought that the HSA annual max limitation is extremely low. If they let me put away 50k in HSA annualy, I would do it in a heartbeat.
by H-Town
Thu Nov 07, 2019 1:13 am
Forum: Personal Consumer Issues
Topic: "Beer Money" Methods
Replies: 54
Views: 6799

Re: "Beer Money" Methods

Aside from credit card rewards and checking/savings account signup bonuses, are there any ways you accumulate small gifts/rewards with minimal effort? Example: With Bing Rewards, I redeem about $100 a year in Amazon gift cards from their Rewards program for using bing.com to do 30 internet searches...
by H-Town
Wed Nov 06, 2019 9:43 pm
Forum: Personal Finance (Not Investing)
Topic: Excess Cash- What to do with it?
Replies: 14
Views: 1664

Re: Excess Cash- What to do with it?

Hey guys, I have a odd question to ask you all. Just curious, what do you guys do with your extra money? I'm in a great dilemma, I have more money than I can spend, I've been penny pitching my whole life. I already have an emergency fund, max out my 401k, max out my IRA, and save to my taxable acco...
by H-Town
Wed Nov 06, 2019 2:45 pm
Forum: Investing - Theory, News & General
Topic: Why shouldn't I buy a Dow Jones index fund instead of TSM or the S&P?
Replies: 20
Views: 1291

Re: Why shouldn't I buy a Dow Jones index fund instead of TSM or the S&P?

Looking at the DIA ETF (Dow Jones Index), I find that since 1999 it has returned 1% more per year than VTSMX (total market) and 1.5% more than SPY (S&P 500) and the SD is lower. It has a Sharpe of 0.47 compared to 0.40 and 0.38 respectively. The maximum drawdown was 47% compared to 51% for the othe...
by H-Town
Wed Nov 06, 2019 12:30 pm
Forum: Personal Consumer Issues
Topic: What car fits comfortably 3 adults with luggages?
Replies: 63
Views: 1863

Re: What car fits comfortably 3 adults with luggages?

I will be picking 2 adults (immigrant family), 4 checked bags, 2 carry-ons from the airport (1.5 hours drive). I have 2 sedan cars, neither of them would fit. I was considering renting a minivan for that purpose but thought that there might be another cheaper car class that could serve the purpose ...
by H-Town
Sat Nov 02, 2019 9:46 am
Forum: Personal Finance (Not Investing)
Topic: Apple Pay. Does anyone use it?
Replies: 178
Views: 10600

Re: Apple Pay. Does anyone use it?

Since I get 4.5% cash back with a real credit card using Apple Pay I try to use it all the time. I laugh when I see people all excited about getting 2% with Apple credit card. Do tell more. 4.5%? https://www.usbank.com/credit-cards/altitude-reserve-visa-infinite-credit-card.html You have to be a pr...
by H-Town
Fri Nov 01, 2019 5:49 pm
Forum: Personal Finance (Not Investing)
Topic: Apple Pay. Does anyone use it?
Replies: 178
Views: 10600

Re: Apple Pay. Does anyone use it?

Jags4186 wrote:
Fri Nov 01, 2019 4:50 pm
Since I get 4.5% cash back with a real credit card using Apple Pay I try to use it all the time. I laugh when I see people all excited about getting 2% with Apple credit card.
Do tell more. 4.5%?
by H-Town
Thu Oct 31, 2019 3:57 pm
Forum: Personal Finance (Not Investing)
Topic: [Just got married] Looking for ways to cut down on my budget
Replies: 80
Views: 6417

Re: How do people live on an average household income of 60K? Looking for ways to cut down on my budget

I recently got married and just sat down with my DH to look over the budget post marriage for the first time. The numbers surprised us, not that we are living way above our means, but we were under the impression that we were doing so well and had much more room than the numbers suggest. We are thi...
by H-Town
Tue Oct 29, 2019 4:50 pm
Forum: Personal Investments
Topic: What should a mid 30s Asset Allocation be?
Replies: 45
Views: 2301

Re: What should a mid 30s Asset Allocation be?

So one of the things I think about is what should my AA be. As a background I have a net worth of $2.5 million and a low 7 figure income. About 1/3 of my worth is in a commercial building and the rest is in VTSAX. I'm thinking that I should start putting some money into bonds but I'm hesitant due t...
by H-Town
Tue Oct 29, 2019 3:56 pm
Forum: Personal Investments
Topic: I’m done with index funds
Replies: 201
Views: 20525

Re: I’m done with index funds

After doing quite a lot of research, I’ve decided to stop using low-cost index funds and switch to a separately managed account. This goes against the Bogleheads investment philosophy and it took me a long time to admit it was the right thing to do for me as I was genuinely convinced and passionate...
by H-Town
Tue Oct 29, 2019 3:36 pm
Forum: Personal Consumer Issues
Topic: Women wearing black to a wedding?
Replies: 56
Views: 4379

Re: Women wearing black to a wedding?

I have a close family member getting married. I know traditionally, women didn't wear black to a wedding. I also know people here are going to say, "If you want to wear black, wear black." However, what I want to know is if in fact it isn't uncommon for women to wear black to a wedding. I don't wan...
by H-Town
Tue Oct 29, 2019 3:31 pm
Forum: Personal Finance (Not Investing)
Topic: Uber VISA rewards cut
Replies: 72
Views: 5684

Re: Uber VISA rewards cut

This was one of the best cash-back cards for dining, but unfortunately the rewards were too rich to last. I just received an email from them explaining that they will no longer pay rebates in cash (just "Uber Cash" redeemable for "Uber rides, Uber Eats, or rides with JUMP bikes and scooters"). They...
by H-Town
Mon Oct 28, 2019 4:06 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 1962
Views: 204581

Re: U.S. stocks continue to soar!

The enthusiasm on this thread is astounding. So are we gonna bump that one MarketTimer thread where he called the top at 2832 and went short S&P 500? Or we're not really about that any more? The shorts may yet win. Hey, what's the correct CAPE10 for an economy with weak inflation, tepid growth, low...
by H-Town
Wed Oct 23, 2019 2:52 pm
Forum: Personal Consumer Issues
Topic: Sharing my camry 2011 overall/annual ownership costs.
Replies: 19
Views: 1197

Re: Sharing my camry 2011 overall/annual ownership costs.

BluesH wrote:
Wed Oct 23, 2019 12:00 pm
researcher wrote:
Wed Oct 23, 2019 9:45 am

It appears you are spending around $2,000 in gas per year (assuming 22K miles/year, 30MPG and $2.75/gallon).
LOL. $2.75/gallon??? Where the heck can you buy gas for that? It's over $4 here in California. Haven't seen $2.75 in years!
LOL. :mrgreen:

We pay $1.95 for the past month.
by H-Town
Wed Oct 23, 2019 8:36 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 12340
Views: 2129393

Re: U.S. stocks in free fall

firebirdparts wrote:
Wed Oct 23, 2019 7:25 am
MotoTrojan wrote: ↑Wed Oct 23, 2019 1:19 am

Back up the truck!
Futures are down 0.1% this morning. Buy the dips?
Save your ammo. :D
by H-Town
Tue Oct 22, 2019 2:19 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 1962
Views: 204581

Re: U.S. stocks continue to soar!

Futures are UP again for tomorrow, currently at 3012... strong momentum, looks like we are going to break the previous all time highs. Good to see Small Caps performing as well, SCV up 1+% and SCB up 0.9%. S&P is trading at 3012. Continuing to inch up that wall of worry. Record highs are in sight. ...
by H-Town
Tue Oct 22, 2019 2:07 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 1962
Views: 204581

Re: U.S. stocks continue to soar!

Futures are UP again for tomorrow, currently at 3012... strong momentum, looks like we are going to break the previous all time highs. Good to see Small Caps performing as well, SCV up 1+% and SCB up 0.9%. S&P is trading at 3012. Continuing to inch up that wall of worry. Record highs are in sight. ...
by H-Town
Tue Oct 22, 2019 10:33 am
Forum: Personal Investments
Topic: High income earner waiting for a bear market to start investing
Replies: 119
Views: 12099

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

What if the market stays “up” for the next 17 years? What’re you gonna do with all your extra loot? Bury it in the back yard? If the OP has more money than they could ever spend, why invest in a risky asset? :| That's the advantage of people who earn high income. They do not rely on market return t...
by H-Town
Mon Oct 21, 2019 4:09 pm
Forum: Personal Investments
Topic: Fidelity HSA questions
Replies: 32
Views: 2437

Re: Fidelity HSA questions

Withdrawals can’t currently be ACH online but you can write yourself a check. https://www.fidelity.com/static/moneymovement/html/Withdraw_To_HSA_Selectaccountwithotherways.shtml I see it as a minor issue when looking at the other savings and wide investment options. This is not true. I transfer fun...
by H-Town
Mon Oct 21, 2019 11:48 am
Forum: Personal Investments
Topic: High income earner waiting for a bear market to start investing
Replies: 119
Views: 12099

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

I'm very very very fortunate to have a job where I can earn $850K. I have saved up $250K already and am reading and learning as much as I can about investing. After taxes I probably keep around $40K a month or so. I don't have any plans to buy a house or luxury car. I'm soon going to be sitting on ...
by H-Town
Sat Oct 19, 2019 2:08 pm
Forum: Investing - Theory, News & General
Topic: $2,467 is a minimum emergency fund
Replies: 36
Views: 7775

Re: $2,467 is a minimum emergency fund

If you find yourself unable to pay your mortgage after losing your job and running through a 1 month emergency fund, send the bill to professors Gallagher and Sabat. If you find yourself unable to retire at 70 because your 6-month emergency fund generated enough cash drag to create a 5-year deficie...
by H-Town
Sun Oct 13, 2019 11:52 pm
Forum: Personal Consumer Issues
Topic: What workout equipment to get?
Replies: 63
Views: 4723

Re: What workout equipment to get?

Would it be cost effective to buy gym membership? It's $25 a month for a national chain that you can also use while traveling. Lets do the math. 15 mins to get there each way 3x/week 50 weeks/year 50/hr opportuntiy cost = 3650/year and we haven't paid for membership or wear and tear on the car. The...
by H-Town
Sat Oct 12, 2019 5:04 pm
Forum: Personal Consumer Issues
Topic: What workout equipment to get?
Replies: 63
Views: 4723

Re: What workout equipment to get?

Would it be cost effective to buy gym membership? It's $25 a month for a national chain that you can also use while traveling.
by H-Town
Fri Oct 11, 2019 4:33 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 12340
Views: 2129393

Re: U.S. stocks in free fall

Sorry - someone needs to take profit too..... 3:50 ET is the perfect time to do it.
by H-Town
Fri Oct 11, 2019 11:52 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 12340
Views: 2129393

Re: U.S. stocks in free fall

The free fall thread needed some love today, so... I don’t think today’s intraday uptick will last. Even the idea that vague “news” items can push the S&P500 up by 1.6% in a single morning helps reinforce the notion that my 30/70 AA is the right choice. I get to avoid most of this roller coaster ri...
by H-Town
Thu Oct 10, 2019 2:04 pm
Forum: Personal Consumer Issues
Topic: Keep car entertainment system with fast clock or get refurbished one?
Replies: 33
Views: 1571

Re: Keep car entertainment system with fast clock or get refurbished one?

Our 2018 Camry, which is 15 months old has a clock that runs fast. 1 minute every 10 days. It adds up unless you want to keep fixing the clock. Toyota says some will do this and they will replace it with a refurbished entertainment system. Not so sure I want a refurbished unit in a 15 month old car...
by H-Town
Thu Oct 10, 2019 12:03 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 12340
Views: 2129393

Re: U.S. stocks in free fall

stocknoob4111 wrote:
Wed Oct 09, 2019 10:49 pm
H-Town wrote:
Wed Oct 09, 2019 6:14 pm
Lock and load!
recovered already based on reports that Huawei may be getting some concessions... in this market if you get some bad news then wait 2 hours it will change LOL! :mrgreen:
Oh well... back to October baseball then. :mrgreen:
by H-Town
Thu Oct 10, 2019 12:02 am
Forum: Personal Investments
Topic: Savings
Replies: 21
Views: 2103

Re: Savings

6d1v7x3 wrote:
Wed Oct 09, 2019 11:18 pm
Hi guys could you tell me how to protect about $100,000 from inflation eating it up?
Spend it now when inflation has zero chance to affect your money? Yeah? No?
by H-Town
Wed Oct 09, 2019 8:28 pm
Forum: Investing - Theory, News & General
Topic: John Bogle’s formula says 1% real stock returns likely over next decade
Replies: 187
Views: 19872

Re: John Bogle’s formula says 1% real stock returns likely over next decade

This article is from a 'financial adviser' who advocates (among other things) a momentum strategy over 5 asset classes. Now while he claims to have found a simple way to ratchet returns upwards using that strategy, [OT comment removed -- mod oldcomputerguy] , his article about the US markets seems ...
by H-Town
Wed Oct 09, 2019 8:25 pm
Forum: Personal Consumer Issues
Topic: My mechanic just wrecked my car - advice?
Replies: 101
Views: 8110

Re: My mechanic just wrecked my car - advice?

FlyAF wrote:
Wed Oct 09, 2019 3:03 pm
Since we're talking about a 13 y/o car, have it sent to a body shop of your choice and have them pick up the tab. Accidents happen.

Love the classy advice to sue.
+1 this.

People keep treating their car like the most valuable thing of their life. It's really not.
by H-Town
Wed Oct 09, 2019 6:14 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 12340
Views: 2129393

Re: U.S. stocks in free fall

https://www.marketwatch.com/story/us-stock-futures-sink-on-report-of-no-progress-at-us-china-trade-talks-2019-10-09?siteid=bullytweet U.S. stock futures sank late Wednesday, after a report that lower-level U.S.-China trade talks have made "no progress" in resolving the yearlong trade war. The Hong ...