Search found 1217 matches

by H-Town
Thu Sep 20, 2018 12:26 pm
Forum: Investing - Theory, News & General
Topic: Simple-minded sayings?
Replies: 9
Views: 603

Re: Simple-minded sayings?

I've noticed boglehead threads are full of aphorisms Almost every time someone mentions buying a stock, someone will reply smugly "Why do you think you know more than the seller?" but in another thread someone will remind you to "Be greedy when others are fearful, and fearful when others are greedy...
by H-Town
Wed Sep 19, 2018 2:24 pm
Forum: Investing - Theory, News & General
Topic: “Majority of working-age Americans have no retirement savings”
Replies: 73
Views: 3726

Re: “Majority of working-age Americans have no retirement savings”

http://www.pionline.com/article/20180918/ONLINE/180919833/majority-of-working-age-americans-have-no-retirement-savings-8211-nirs-report?newsletter=plan-sponsor-digest&issue=20180918 The median retirement account balance among working-age Americans is zero, according to a research report by the Nati...
by H-Town
Wed Sep 19, 2018 1:41 pm
Forum: Personal Consumer Issues
Topic: What is your single most expensive mistake?
Replies: 196
Views: 11394

Re: What is your single most expensive mistake?

Saving too much... But I've changed. I've spent quite a lot on adventures, experiences, and other things that make my family happy.
by H-Town
Sat Sep 15, 2018 11:57 am
Forum: Personal Consumer Issues
Topic: Thoughts on Car Expenditures
Replies: 19
Views: 718

Re: Thoughts on Car Expenditures

It seems that the average sales price for a car in US is around 30k. With average household income of 60k, let's make an aggressive simplifying assumption (most households have more than one car) that there is only one producer and one car per household. That's 50% of gross annual income spent on a...
by H-Town
Fri Sep 14, 2018 12:04 am
Forum: Investing - Theory, News & General
Topic: [A Boglehead explains the simplest way to manage your money - alternative viewpoint]
Replies: 45
Views: 4452

Re: [A Boglehead explains the simplest way to manage your money - alternative viewpoint]

[Split into a new thread from: A Boglehead explains the simplest way to manage your money --admin LadyGeek] I've never bought into the simplicity mantra. Modern tools allow managing more complex portfolios easily. Simplicity is valuable in the sense that it will prevent investors do harm to their o...
by H-Town
Thu Sep 13, 2018 5:48 pm
Forum: Personal Consumer Issues
Topic: Should I get a new iPhone?
Replies: 43
Views: 3448

Re: Should I get a new iPhone?

I'm currently on an iPhone 6 Plus which works fine for how much I use it (light use). But am considering upgrading. Plusses for upgrading: - Better camera, especially the shallow depth of field features. Do the phones with the additional telephoto lens have better bokeh? I don't care for camera - F...
by H-Town
Thu Sep 13, 2018 12:42 pm
Forum: Investing - Help with Personal Investments
Topic: What do I do with my investments during a downturn/recession?
Replies: 24
Views: 2735

Re: What do I do with my investments during a downturn/recession?

Hi all, I'm 30 years old, married, and have questions on what to do with my retirement investments exactly during a downturn/recession. Currently, I have: - $20,000 Cash in High Yield Savings Account at VioBank (2% APR/year) - $41,000 in Vanguard's Traditional IRA, VFIFX TRD Fund (90/10 AA) - $11,0...
by H-Town
Wed Sep 12, 2018 4:27 pm
Forum: Personal Consumer Issues
Topic: iPhone XS Max
Replies: 145
Views: 7783

Re: iPhone XS Max

As many of you remember, I bought an iPhoneX last year to replace my old iPhone7Plus. I have been disappointed in the size of this phone, as compared to the older, more robust ("bigger") PLUS phone. It's hard t read with the X but I had no trouble doing so on my 7Plus. OK, so I'm willing to suck it...
by H-Town
Mon Sep 10, 2018 2:47 pm
Forum: Personal Finance (Not Investing)
Topic: Anyone else not save for cars?
Replies: 113
Views: 9834

Re: Anyone else not save for cars?

Catfish Plumber wrote:
Mon Sep 10, 2018 2:08 pm
Is there a trick to getting “near zero” auto loan interest rates?

I checked current rates on bankrate.com and am seeing 4-5%.
You most likely need to buy new and buy from car manufacturers that have reduced interest rate as a promotion.
by H-Town
Mon Sep 10, 2018 1:37 pm
Forum: Personal Consumer Issues
Topic: Hurricane Florence - survival guide
Replies: 87
Views: 6384

Re: Hurricane Florence - survival guide

2) No electricity=no gasoline. My generator drinkes 5 gallons in about 7 hours. If you do not have electricity for a week you need 7, 5-gallon jugs. During Hurricane Ike (2009), I ran the generator on "as need" basis. The weather was cool in the hurricane aftermath so we didn't need A/C. Only thing...
by H-Town
Sun Sep 09, 2018 11:49 pm
Forum: Investing - Help with Personal Investments
Topic: Lower Return Decade Says Jack: Thoughts?
Replies: 81
Views: 6483

Re: Lower Return Decade Says Jack: Thoughts?

Just read Jack Bogle's book (edited in 2017) and was a little discouraged about his comments that we should all expect lower returns in the next decade. For a 60/40 balanced fund it could be as low as 6% and even 4% in some circumstances. Am I misreading? Because if not, Id rather be in CDs and tak...
by H-Town
Fri Sep 07, 2018 6:26 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 246
Views: 22819

Re: U.S. stocks continue to soar!

limeyx wrote:
Thu Sep 06, 2018 11:44 pm
goodenyou wrote:
Thu Sep 06, 2018 11:20 am
After several bad days, we can change the title to US Stocks Continue to Sore!
I'm selling everything
Your farm too? :wink:
by H-Town
Fri Sep 07, 2018 3:56 pm
Forum: Personal Consumer Issues
Topic: Selling a newish vehicle yourself, how to do it?
Replies: 61
Views: 3025

Re: Selling a newish vehicle yourself, how to do it?

I'll be selling my 2017 vehicle pretty soon and would like to learn from experienced hands how best to go about it. Where to list it, how to demo it to prospective buyers and stay safe, how to get payment and avoid getting scammed, etc. Will appreciate words to the wise on how to do this successful...
by H-Town
Fri Sep 07, 2018 12:31 pm
Forum: Investing - Theory, News & General
Topic: Are the stock market movements really random?
Replies: 37
Views: 2799

Re: Are the stock market movements really random?

Let's say that I have a lump sum available for investing. One of the ideas I've been seeing floating in the forum is that the movements of the stock market are random, hence the best decision would be to invest the lump sum either immediately, or dollar cost average it over a period of 12 months or...
by H-Town
Thu Sep 06, 2018 3:16 pm
Forum: Personal Consumer Issues
Topic: How to "waste" money on groceries?
Replies: 109
Views: 9412

Re: How to "waste" money on groceries?

My spouse buys fresh fruits and vegetables that she knows she will never touch. She has a mold garden growing in the fridge and on the kitchen counter. She seems to love fruit flies, too. She also prepares large amounts of food and eats a little bit. That food just spoils away inside a tupperware c...
by H-Town
Wed Sep 05, 2018 2:14 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 6844
Views: 1495071

Re: U.S. stocks in freefall

Haven't you heard? We're going to go into a recession the second half of next year. You can take it to the bank.... Nice chart at MarketWatch today: https://farm2.staticflickr.com/1893/44364009251_20055175e1_o.jpg https://www.marketwatch.com/story/the-road-to-fresh-stock-market-highs-is-littered-wi...
by H-Town
Wed Sep 05, 2018 2:14 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 6844
Views: 1495071

Re: U.S. stocks in freefall

Haven't you heard? We're going to go into a recession the second half of next year. You can take it to the bank.... Nice chart at MarketWatch today: https://farm2.staticflickr.com/1893/44364009251_20055175e1_o.jpg https://www.marketwatch.com/story/the-road-to-fresh-stock-market-highs-is-littered-wi...
by H-Town
Wed Sep 05, 2018 1:58 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 6844
Views: 1495071

Re: U.S. stocks in freefall

Freefall much?

:mrgreen:
by H-Town
Tue Sep 04, 2018 11:09 pm
Forum: Investing - Help with Personal Investments
Topic: Why does Vanguard not give percentage for YTD returns?
Replies: 21
Views: 2230

Re: Why does Vanguard not give percentage for YTD returns?

If I must figure it myself, can someone help with a reliable method? It does. In the Menu, go to My Accounts, then Performance and Returns. Try it. The actual return on the far right disappears when one selects YTD in the option menu. My Accounts > Personal Performance, then change the date range (...
by H-Town
Tue Sep 04, 2018 5:38 pm
Forum: Personal Consumer Issues
Topic: What will you do when you find you have more money than expected?
Replies: 91
Views: 9638

Re: What will you do when you find you have more money than expected?

Before you retire, you have an estimate of your expenses (budget) in retirement and build a portfolio to support that budget. If, after a few years in retirement, due to some reasons (better than expected market returns, unused buffer, unexpected inheritance, etc.), you have more money to spend. Wh...
by H-Town
Tue Sep 04, 2018 5:36 pm
Forum: Investing - Help with Personal Investments
Topic: Max you should invest in a 529?
Replies: 181
Views: 9771

Re: Max you should invest in a 529?

Hi all, what do people think is the most you SHOULD put in a 529? I believe Vanguard's 529 plan for Nevada has a max of $370k. Wondering how much money people feel comfortable with investing in a 529 (would anyone even put in the max if they had the capital to do so?), and how they balance concerns...
by H-Town
Tue Sep 04, 2018 5:32 pm
Forum: Investing - Help with Personal Investments
Topic: Max you should invest in a 529?
Replies: 181
Views: 9771

Re: Max you should invest in a 529?

529 can only be used for college. So don't over do it even it is tax free on earning. Max your retirement 1st, then 529. I believe this is incorrect. The Tax Cuts and Jobs Act, which was signed into law in December 2017, allows families to use 529 plans to pay for up to $10,000 in tuition expenses ...
by H-Town
Tue Sep 04, 2018 5:26 pm
Forum: Personal Consumer Issues
Topic: How to "waste" money on groceries?
Replies: 109
Views: 9412

Re: How to "waste" money on groceries?

Which foods do you spend a premium price on? When we travel, we spend premium price on local food, seafood, etc. When we're at home, occasional we have ribeye & filet mignon steak, seabass, swordfish, dungeon crab, etc. We don't have a set budget on what we eat. We just keep track of everything we ...
by H-Town
Tue Sep 04, 2018 5:16 pm
Forum: Investing - Help with Personal Investments
Topic: Why does Vanguard not give percentage for YTD returns?
Replies: 21
Views: 2230

Re: Why does Vanguard not give percentage for YTD returns?

If I must figure it myself, can someone help with a reliable method? It does. In the Menu, go to My Accounts, then Performance and Returns. Try it. The actual return on the far right disappears when one selects YTD in the option menu. My Accounts > Personal Performance, then change the date range (...
by H-Town
Tue Sep 04, 2018 3:55 pm
Forum: Personal Consumer Issues
Topic: Daily Driver (Car) Over 100K Miles?
Replies: 96
Views: 6851

Re: Daily Driver (Car) Over 100K Miles?

I own an older Subaru Forester with > 100K miles. I recently spent $750 on a timing belt replacement so probably will keep the car 'til it dies. Who else has a high mileage vehicle that's used as a daily driver? What type of vehicle is it, and how do you decide when to sell it? Do you buy another c...
by H-Town
Tue Sep 04, 2018 12:00 pm
Forum: Personal Consumer Issues
Topic: When do you drop collision insurance?
Replies: 52
Views: 2836

Re: When do you drop collision insurance?

I dropped the collision on my 09 Fusion with 65k miles. You're way overdue to drop it. If another car hits you, it's their fault and their insurance pays....not yours. and what if they don't have insurance, which is illegal but can happen. With GEICO, I choose Uninsured property damage. If other dr...
by H-Town
Tue Sep 04, 2018 9:49 am
Forum: Personal Finance (Not Investing)
Topic: What is your stealth way to save monthly?
Replies: 87
Views: 9493

Re: What is your stealth way to save monthly?

Hi all, What is your recommended way to save money in a stealth manner every month? Thus in a way making it seem like you're not saving money at all. So it is not even noticed. For example: - automatically moving a small amount of money to a separate savings account and not checking that account - ...
by H-Town
Mon Sep 03, 2018 6:44 pm
Forum: Investing - Help with Personal Investments
Topic: What's wrong with putting most of my money into two stocks: Alphabet and Amazon?
Replies: 79
Views: 3137

Re: What's wrong with putting most of my money into two stocks: Alphabet and Amazon?

I am currently indexing but I am having more and more doubts about my strategy. I have voiced some of my doubts in my thread on Mr West. I am now contemplating the possibility of putting a big chunck of money in Amazon and Alphabet (say 1M£ in each). Here's the reason 1. Alphabet has been compared ...
by H-Town
Mon Sep 03, 2018 6:12 pm
Forum: Investing - Help with Personal Investments
Topic: What's wrong with putting most of my money into two stocks: Alphabet and Amazon?
Replies: 79
Views: 3137

Re: What's wrong with putting most of my money into two stocks: Alphabet and Amazon?

I am currently indexing but I am having more and more doubts about my strategy. I have voiced some of my doubts in my thread on Mr West. I am now contemplating the possibility of putting a big chunck of money in Amazon and Alphabet (say 1M£ in each). Here's the reason 1. Alphabet has been compared ...
by H-Town
Mon Sep 03, 2018 12:27 pm
Forum: Investing - Theory, News & General
Topic: If the market is so hard to beat, why did a rapper beat it by 40%?
Replies: 61
Views: 3529

Re: If the market is so hard to beat, why did a rapper beat it by 40%?

I came across this article on Kanye West: https://www.cnbc.com/2018/07/28/kanye-west-beat-the-market-by-more-than-40-percent.html So basically you get lots of academics putting forward complicated theories saying that the market is extremely hard (or impossible) to beat, and then you get a rapper w...
by H-Town
Sun Sep 02, 2018 11:04 pm
Forum: Investing - Help with Personal Investments
Topic: How do I maximize my long term average expected return?
Replies: 32
Views: 2760

Re: How do I maximize my long term average expected return?

I am 24 yrs old. Have 34000$ in individual stocks. I make 90000$ a year so I can afford losing my complete investment. I am just looking how to get the best return on my investment. Currently I pay off my creditcards each month and the rest of my paycheck goes straight to robinhood into stocks. I s...
by H-Town
Sun Sep 02, 2018 9:13 pm
Forum: Personal Finance (Not Investing)
Topic: Does leasing car leave me more freedom to invest?
Replies: 39
Views: 2973

Re: Does leasing car leave me more freedom to invest?

So with these above assumptions, it pains me to pay down cash when I could put my money in the market instead, come out ahead, and keep driving new cars. What am I missing? 3 things: 1) First, let's assume all else is equal and just looking at buying vs. leasing. Buying a used car and keep it longe...
by H-Town
Sun Sep 02, 2018 6:52 pm
Forum: Personal Finance (Not Investing)
Topic: How to Retire in Your 30's with $1 Million in the Bank
Replies: 148
Views: 18057

Re: How to Retire in Your 30's with $1 Million in the Bank

That is the title of a Sept. 1, "NY Times" article. While some may believe that $1 million is a low number, the article is more about how young people become disenchanted with the rat race of work, live below their means, save, invest and leave the work force decades before most of us do. Many Bogl...
by H-Town
Sun Sep 02, 2018 6:43 pm
Forum: Personal Finance (Not Investing)
Topic: [How do I include inflation in my pay raise?]
Replies: 29
Views: 1670

Re: [How do I include inflation in my pay raise?]

Hi All, I am seeking a double check as to whether or not I am understanding the following correctly. Let's assume that CPI-U is 2% Let's assume that the total tax I pay on my next dollar is 35% If my pay is to not take a real cut, then I need to receive a nominal raise of 2%/0.65 = 3.07%? Thanks, B...
by H-Town
Sun Sep 02, 2018 6:26 pm
Forum: Investing - Theory, News & General
Topic: What to look for when investing?
Replies: 12
Views: 959

Re: What to look for when investing?

I understand the basics to investing, but when looking at the financials, ie. I/S, B/S, CFS, ratios, what should I be looking at to understand if the stock is going to perform well in the future? If you understand the basics of investing (at least bogleheads' philosophy), then you'll know that it's...
by H-Town
Sat Sep 01, 2018 3:56 pm
Forum: Investing - Theory, News & General
Topic: Rebalancing Frequency? Daily vs annually?
Replies: 34
Views: 2296

Re: Rebalancing Frequency? Daily vs annually?

I'm wondering if anyone is aware of any quantitative studies that look into the question of rebalancing frequency and whether or not there is any possible advantage to frequent (daily) rebalancing. We are at the point where my wife has a mid 6-figure rollover IRA with Vanguard that is currently inv...
by H-Town
Sat Sep 01, 2018 2:15 pm
Forum: Personal Consumer Issues
Topic: Lexus vs. Mercedes
Replies: 86
Views: 6350

Re: Lexus vs. Mercedes

I'd get the Lexus. That's advice coming from a E350 Owner. Try to avoid turbos and anything with air ride suspensions. Synthetic oil every 5-6k, don't do the silly 10K intervals... With newer model nowadays, changing synthetic oil every 5-6k is like throwing money down the drain. It's not difficult...
by H-Town
Fri Aug 31, 2018 10:59 am
Forum: Personal Consumer Issues
Topic: Lexus vs. Mercedes
Replies: 86
Views: 6350

Re: Lexus vs. Mercedes

If you want to keep the car for a long time, I wouldn't buy a used Mercedes... as it might only last 4-5 years before expensive repair kicking in.

If you want high tech and a better drive, definitely go with E-class. But then, you should consider leasing rather than buying E-class.
by H-Town
Thu Aug 30, 2018 5:43 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 6844
Views: 1495071

Re: U.S. stocks in freefall

Is Gold really have 7.8% annual return from 1998-2017?
by H-Town
Thu Aug 30, 2018 5:24 pm
Forum: Personal Finance (Not Investing)
Topic: How do you 7 figure guys organize multiple accounts?
Replies: 164
Views: 11712

Re: How do you 7 figure guys organize multiple accounts?

I'm surprised at all the security fears with regard to Mint and Personal Capital. First of all, their security and data encryption rivals most banks' (and I say that as a banker working at a relatively small institution). See this blog post for more details though. https://wallethacks.com/personal-...
by H-Town
Wed Aug 29, 2018 10:53 am
Forum: Investing - Theory, News & General
Topic: Most commonly misused/misunderstood investing terms and concepts (on BH forum)
Replies: 220
Views: 11155

Re: Most commonly misused/misunderstood investing terms and concepts (on BH forum)

Jiu Jitsu Fighter wrote:
Wed Aug 29, 2018 10:47 am
A "good" company is a "good" stock to own. A "bad" company is a "bad" stock to own.
This.

"If GE is so bad, why do we include GE in S&P 500 index? Can I buy S&P 500 ETF without GE?" :confused
by H-Town
Wed Aug 29, 2018 10:09 am
Forum: Investing - Theory, News & General
Topic: Most commonly misused/misunderstood investing terms and concepts (on BH forum)
Replies: 220
Views: 11155

Re: Most commonly misused/misunderstood investing terms and concepts (on BH forum)

pqwerty wrote:
Wed Aug 29, 2018 9:38 am
I'm debt free except for my mortgage...
For real! If you owe someone some money, in any shape or form, you're in debt. And you're working 15-30 years to pay off such debt. :shock:
by H-Town
Wed Aug 29, 2018 10:00 am
Forum: Personal Consumer Issues
Topic: How do you save money on groceries?
Replies: 155
Views: 9620

Re: How do you save money on groceries?

Any additional money saving ideas for grocery shopping? I hope to trim the budget back down. Maybe not back to $3,400 (teen daughter is eating more now and prices have gone up a little) but certainly less than $6,300 a year. A few tips: 1) Know what include in your groceries bill. I include all hou...
by H-Town
Tue Aug 28, 2018 7:01 pm
Forum: Investing - Theory, News & General
Topic: Most commonly misused/misunderstood investing terms and concepts (on BH forum)
Replies: 220
Views: 11155

Re: Most commonly misused/misunderstood investing terms and concepts (on BH forum)

7) "As long as we save $1 million, we win in life". Money isn't everything. By the time you retire (early or at 60), you should be in good health and be happy with your life. Focusing solely on finance with do no good if you don't have health and happiness. 8) "Market is efficient" . Well, not perfe...
by H-Town
Tue Aug 28, 2018 6:57 pm
Forum: Investing - Theory, News & General
Topic: Most commonly misused/misunderstood investing terms and concepts (on BH forum)
Replies: 220
Views: 11155

Re: Most commonly misused/misunderstood investing terms and concepts (on BH forum)

Misused/Misunderstood: 1) Diversification works, unless it comes to international stocks. Gotta ask them what do they think diversification means. 2) Warren Buffet is god and listen to his advice will lead you to heaven . Alright, a little exaggeration here... but 90% VOO and 10% short-term Treasury...
by H-Town
Tue Aug 28, 2018 12:55 pm
Forum: Investing - Help with Personal Investments
Topic: Investing in Taxable account for early retirement
Replies: 18
Views: 1118

Re: Investing in Taxable account for early retirement

It's more likely that your salary raise (living adjustment and/or promotion) will outpace the inflation index of 401k and Roth IRA. As long you you can keep your spending in check, you should have surplus savings in the future to invest in taxable accounts.
by H-Town
Tue Aug 28, 2018 10:45 am
Forum: Investing - Help with Personal Investments
Topic: Total Stock Mkt vs. Total Int'l Index
Replies: 7
Views: 705

Re: Total Stock Mkt vs. Total Int'l Index

I'm super frustrated with Int'l returns this year after a very good 2017. I know we should all be invested with some Int'l but why give up 6-8% most years especially when the US appears headed even higher ? Should I reduce exposure in Int'l even further ? You're too emotional with your portfolio. I...
by H-Town
Tue Aug 28, 2018 10:40 am
Forum: Personal Finance (Not Investing)
Topic: How do you 7 figure guys organize multiple accounts?
Replies: 164
Views: 11712

Re: How do you 7 figure guys organize multiple accounts?

Dear wise bogleheads, What are your thoughts on the security of financial tools to organize your various accounts, such as Personal Capital or Mint? Our money is spread in so many places now (His and her 401ks, old 401ks, IRAs, HSAs, checking, MM, brokerage etc) it is a total pain to log into 10 di...
by H-Town
Mon Aug 27, 2018 6:40 pm
Forum: Personal Consumer Issues
Topic: Good Non-Boring Boglehead Cars Under $30k
Replies: 215
Views: 12059

Re: Good Non-Boring Boglehead Cars Under $30k

Fun and practicality run on continuums, typically in opposition to each other - i.e. more fun equals less practical. So these threads basically evolve into placing cars that match our personal needs onto that continuum. For the original poster, you have to decide where you fall. If you like shiftin...