Search found 2704 matches

by H-Town
Fri May 29, 2020 10:21 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 18822
Views: 2630326

Re: U.S. stocks in free fall

Sometimes it works, but there's no basis for it. It's risk management. When it finally works, that strategy will be in cash, while you sweat out an 80%+ drawdown (this happened recently, less than 90 years ago). Fatalism has rarely been the key to success in people's lives. How we feel does not alt...
by H-Town
Thu May 28, 2020 6:16 pm
Forum: Personal Consumer Issues
Topic: 2016 Honda Civic Air Conditioning issues
Replies: 16
Views: 829

Re: 2016 Honda Civic Air Conditioning issues

Honda brand is no longer an automatic reliable brand. So buyer beware.

$250 to fix A/C issue vs. hot air in the summer? It depends on how you want to make it a challenge to drive without A/C in the summer. For some people, it's not about $250, it's all about the challenge. :mrgreen:
by H-Town
Thu May 28, 2020 4:57 pm
Forum: Investing - Theory, News & General
Topic: Dry powder strategy?
Replies: 27
Views: 2127

Re: Dry powder strategy?

This goes out to all those who: - have either sold out completely during the outbreak - set aside some "dry powder" I personally set aside some dry powder, have been watching in dismay the seemingly unstoppable stock market rally, and have been asking myself whatever shall I do with all this cash I...
by H-Town
Thu May 28, 2020 11:50 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 5703
Views: 487111

Re: U.S. stocks continue to soar!

Stinky wrote:
Thu May 28, 2020 11:45 am
The S&P has moved out of correction territory.

Who woulda thunk it?
I learned a long time ago that if something is too good to be true, it ain't.

Is this too good to be true?
by H-Town
Thu May 28, 2020 11:40 am
Forum: Investing - Theory, News & General
Topic: Sitting on a bunch of cash; what to do with it if I believe we're headed for SPX 1800 and protracted recession?
Replies: 186
Views: 17744

Re: Sitting on a bunch of cash; what to do with it if I believe we're headed for SPX 1800 and protracted recession?

Just goes to show you that even when you get the core thesis right, you can still lose to people who get the core thesis wrong. I'm still on the sidelines for the most post. Obviously I wish I'd been in on the ride up to 3000, but I'm not giving up hope that what I think is the economic reality fro...
by H-Town
Thu May 28, 2020 9:20 am
Forum: Personal Investments
Topic: Has anyone ever used their Emergency Fund?
Replies: 92
Views: 7114

Re: Has anyone ever used their Emergency Fund?

Hello all - Newbie here with a bit of a market research question... I will preface this topic by saying that I 100% agree with having an Emergency Fund and currently have 6 months saved up in a "high-yield" savings account and have been thinking that my wife and I should beef that fund up to about ...
by H-Town
Thu May 28, 2020 12:06 am
Forum: Investing - Theory, News & General
Topic: Sitting on a bunch of cash; what to do with it if I believe we're headed for SPX 1800 and protracted recession?
Replies: 186
Views: 17744

Re: Sitting on a bunch of cash; what to do with it if I believe we're headed for SPX 1800 and protracted recession?

So I don't really see any hot takes here on predictions of inflation versus deflation in a scenario of protracted recession with several injections of stimulus. I guess I'll just keep the money in my settlement fund until I start redeploying into stocks in the next 2–18 months. As for people saying...
by H-Town
Wed May 27, 2020 8:02 pm
Forum: Investing - Theory, News & General
Topic: Why is the market soaring?
Replies: 25
Views: 3131

Re: Why is the market soaring?

PinotGris wrote:
Wed May 27, 2020 2:40 pm
I am not complaining.
But where is the joy? Is it the stimulus that is helping? Is the predicted Covid resurgence factored in? Vaccines prospect?
As I used to say all the time as a kid: "Why Not?"
by H-Town
Wed May 27, 2020 1:24 pm
Forum: Personal Finance (Not Investing)
Topic: Investors: be aware of weakness in 2FA + strengthening
Replies: 153
Views: 8434

Re: Investors: be aware of weakness in 2FA + strengthening

Not being one of these hackers, I would be speculating in 'how' they do it. I know only that they 'do'. And that typically the hardest part of it is the 2FA validation we've relied on. And now that is what is under attack. If I had to guess on the other stuff: 1. You could probably find / buy SSN's...
by H-Town
Wed May 27, 2020 11:39 am
Forum: Personal Finance (Not Investing)
Topic: Simple jobs during FATFire?
Replies: 84
Views: 5048

Re: Simple jobs during FATFire?

Me and SO should be on track to FATFire around 45-50. However, I don't want to just sit at home at this time. In our 40s and 50s I would have worked 20+ years in software engineering and would have developed significant skills there to perhaps do something in that space. We are currently in our ear...
by H-Town
Tue May 26, 2020 6:57 pm
Forum: Personal Consumer Issues
Topic: HBO Max
Replies: 37
Views: 2533

Re: HBO Max

rockstar wrote:
Tue May 26, 2020 6:47 pm
Nope. This service is way too expensive.
$12 a month. Not too bad for those who can use this service.
by H-Town
Tue May 26, 2020 6:05 pm
Forum: Personal Consumer Issues
Topic: Pandemic buys that have improved quality of life?
Replies: 133
Views: 10965

Re: Pandemic buys that have improved quality of life?

What are some things that you have bought during this pandemic that have greatly enhanced your quality of life. This was pre-pandemic and we got lucky but I bought a used second fridge on nextdoor and has vastly served useful during this time. I wish I could buy squat rack and 300 lbs barbell back ...
by H-Town
Tue May 26, 2020 3:19 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 18822
Views: 2630326

Re: U.S. stocks in free fall

Stinky wrote:
Tue May 26, 2020 3:14 pm
Kookaburra wrote:
Mon May 04, 2020 8:55 pm
Calendar is marked for a May 25 re-start of the meltdown. Three weeks from today.
It looks like we’ve dodged the meltdown bullet for now.

Do you have updated guidance as to when the meltdown will start? :D
We never hear from those people again. Ever...
by H-Town
Tue May 26, 2020 10:20 am
Forum: Personal Finance (Not Investing)
Topic: The axe falls and I am prepared. What's next?
Replies: 364
Views: 27424

Re: The axe falls and I am prepared. What's next?

My question is 1) Is it really worthwhile for me to continue working? I worked in the IT area. If I want to stay in this area, I have to study 10 to 20 hours per week just to keep up with the latest technology. 2) If I do contract work, how much should I get paid before it is worthwhile for me to w...
by H-Town
Tue May 26, 2020 8:40 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 18822
Views: 2630326

Re: U.S. stocks in free fall

3000 is the 200 dma, we may be in for a nasty reversal if next few days do not hold I believe it's the other way 'round. The trend followers have to go all in. Well... I don’t know any trend followers would follow their rule to the T. Do you? At the first light of trouble, I imagine some of them wo...
by H-Town
Sun May 24, 2020 6:34 pm
Forum: Personal Consumer Issues
Topic: Personal spending out of control after Covid-19
Replies: 120
Views: 9574

Re: Personal spending out of control after Covid-19

Less junk food, fast food, sweets and alcohol here. Since I am not out and about, I am not tempted to stop at fast food or grab a poor choice on a gas fill up stop. Since I am ordering most groceries online with pickup, there is not the temptation to grab less healthy choice they intentionally disp...
by H-Town
Sun May 24, 2020 5:30 pm
Forum: Personal Finance (Not Investing)
Topic: Investors: be aware of weakness in 2FA + strengthening
Replies: 153
Views: 8434

Re: Investors: be aware of weakness in 2FA + strengthening

If you do use 2FA that is reliant on your cell carrier, would advise that you look into any type of extra security available (pin codes / account strengthening that they offer). This would make it more difficult for the SIM attack. Could also look at 2FA like google Authenticator if your financial ...
by H-Town
Sun May 24, 2020 2:39 pm
Forum: Personal Finance (Not Investing)
Topic: Investors: be aware of weakness in 2FA + strengthening
Replies: 153
Views: 8434

Re: Investors: be aware of weakness in 2FA + strengthening

If you do use 2FA that is reliant on your cell carrier, would advise that you look into any type of extra security available (pin codes / account strengthening that they offer). This would make it more difficult for the SIM attack. Could also look at 2FA like google Authenticator if your financial ...
by H-Town
Sun May 24, 2020 2:08 pm
Forum: Personal Finance (Not Investing)
Topic: Investors: be aware of weakness in 2FA + strengthening
Replies: 153
Views: 8434

Re: Investors: be aware of weakness in 2FA + strengthening

If you do use 2FA that is reliant on your cell carrier, would advise that you look into any type of extra security available (pin codes / account strengthening that they offer). This would make it more difficult for the SIM attack. Could also look at 2FA like google Authenticator if your financial ...
by H-Town
Sun May 24, 2020 2:03 pm
Forum: Personal Consumer Issues
Topic: If Jeep has such poor reliability, how come they are everywhere?
Replies: 155
Views: 11331

Re: If Jeep has such poor reliability, how come they are everywhere?

It seems that Jeep vehicles are nearly legendary for their poor reliability ratings, and yet I see them everywhere like dandelions. Why are they so popular when they have such a poor reputation? I'm wondering if I should consider buying one. The Grand Cherokee would be my choice. What do Bogleheads...
by H-Town
Sun May 24, 2020 1:51 pm
Forum: Personal Consumer Issues
Topic: Personal spending out of control after Covid-19
Replies: 120
Views: 9574

Re: Personal spending out of control after Covid-19

Less junk food, fast food, sweets and alcohol here. Since I am not out and about, I am not tempted to stop at fast food or grab a poor choice on a gas fill up stop. Since I am ordering most groceries online with pickup, there is not the temptation to grab less healthy choice they intentionally disp...
by H-Town
Sun May 24, 2020 1:26 pm
Forum: Personal Consumer Issues
Topic: If Jeep has such poor reliability, how come they are everywhere?
Replies: 155
Views: 11331

Re: If Jeep has such poor reliability, how come they are everywhere?

It seems that Jeep vehicles are nearly legendary for their poor reliability ratings, and yet I see them everywhere like dandelions. Why are they so popular when they have such a poor reputation? I'm wondering if I should consider buying one. The Grand Cherokee would be my choice. What do Bogleheads...
by H-Town
Sat May 23, 2020 2:30 pm
Forum: Personal Consumer Issues
Topic: Tips to stick to a weight loss diet?
Replies: 106
Views: 5407

Re: Tips to stick to a weight loss diet?

I guess a better question is, what are some tips to help stick to a weight loss (and then maintenance) way of eating? I do not want this discussion turning into medical advice that will get this locked. It's so easy to give into temptation. Any suggestions? My first choice: build muscle mass. It’s ...
by H-Town
Sat May 23, 2020 2:21 pm
Forum: Personal Consumer Issues
Topic: NJ property taxes too high. What are my alternative states?
Replies: 103
Views: 7199

Re: NJ property taxes too high. What are my alternative states?

Wife and I live in a colonial, 4BR, 2.5bath house in south Jersey. Property taxes are 8K yr. Want some downsizing but simply because of taxes. Our daughter, hubby and our 2 grandchildren (now teens) live within 4 miles- that's kind of a big anchor. We're very family oriented. Youngest daughter live...
by H-Town
Sat May 23, 2020 11:24 am
Forum: Personal Consumer Issues
Topic: Personal spending out of control after Covid-19
Replies: 120
Views: 9574

Re: Personal spending out of control after Covid-19

Since the pandemic erupted, and the kids have been home alone with me while my wife goes off to work, I find I'm drinking more and spending more time shopping online. In the past month, I've spent a ridiculous amount of money replacing a tree that had been bothering me since we moved into the house...
by H-Town
Thu May 21, 2020 6:45 pm
Forum: Personal Investments
Topic: Assuming we start paying banks to hold our money (in the US)
Replies: 50
Views: 4068

Re: Assuming we start paying banks to hold our money (in the US)

For the first time EVER…Interest rates just began to go NEGATIVE. There are quite a few countries that ALREADY have negative interest Rates: Switzerland is negative 0.75%, Denmark is negative 0.6%, Japan is negative 0.1%. This means you have to pay banks to store your cash for you. Let's assume tha...
by H-Town
Thu May 21, 2020 1:18 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 5703
Views: 487111

Re: U.S. stocks continue to soar!

Not a lot of favorable math when it comes to holding cash. I have a lot of it (see here: Portfoliocharts on cash ). I think it's okay to say I have given up a little upside for a little protection. To say you give up a little upside and get a lot of protection is not really right. I just don't see ...
by H-Town
Thu May 21, 2020 10:23 am
Forum: Personal Consumer Issues
Topic: Do you dislike recurring billing for gyms?
Replies: 68
Views: 3416

Re: Do you dislike recurring billing for gyms?

Once gyms reopen, I was going to join LA Fitness. They have pretty good monthly rates, except... Recurring monthly charges must be paid by electronic funds transfer from your checking or savings account or automatic transfer from an accepted credit or debit card. There's no way I'm letting some com...
by H-Town
Thu May 21, 2020 10:18 am
Forum: Investing - Theory, News & General
Topic: Savings-to-Expense Ratio Question
Replies: 7
Views: 687

Re: Savings-to-Expense Ratio Question

I've explored several ways of looking for the retirement goal line, and just for giggles I looked at the savings-to-expense ratio. Whether or not that method is valid now is irrelevant, but my questions are... 1. Should I include estimated future tax payments as an expense in this ratio? 2. Should ...
by H-Town
Wed May 20, 2020 8:51 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 5703
Views: 487111

Re: U.S. stocks continue to soar!

Triple digit golfer wrote:
Wed May 20, 2020 6:58 pm
H-Town wrote:
Wed May 20, 2020 4:36 pm
The market is very bullish on the outlook of the future post-Covid-19. It's a dangerous place to be. If it ends up to be "castle in the sky" (no one knows at this point), the market will literally free-fall.
That's okay, we have a thread for that.
That thread happens to be my favorite thread.
by H-Town
Wed May 20, 2020 6:41 pm
Forum: Personal Finance (Not Investing)
Topic: At 30, what are some key financial milestones I should have hit?
Replies: 51
Views: 4298

Re: At 30, what are some key financial milestones I should have hit?

I am turning 30 soon. Are there any big boglehead financial milestones I should have hit by age 30? Geez... Turning 30 isn't bad enough? You will be depressed seeing unrealistic goals from others. Income varies widely from profession, from regions, and from each individual. Expenses varies even wid...
by H-Town
Wed May 20, 2020 4:36 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 5703
Views: 487111

Re: U.S. stocks continue to soar!

Another soaring day! And small caps (especially SCV) lead the way, showing some faith in the start of a recovery. To tell the truth, I am not sure what is making investors so bullish given that we’ve just started opening up and there could be a boatload of new cases from failed adherence to social ...
by H-Town
Wed May 20, 2020 1:05 pm
Forum: Personal Finance (Not Investing)
Topic: How did you determine your target savings rate?
Replies: 109
Views: 4610

Re: How did you determine your target savings rate?

That's the reason why I pointed it out to you that the amount you pay yourself first is rarely the amount you ended up saving for the year. There will be cashflow surplus or cashflow deficit at year-end. Of course, you don't need to care about those things if you don't keep track your finance to th...
by H-Town
Wed May 20, 2020 12:24 pm
Forum: Personal Finance (Not Investing)
Topic: How did you determine your target savings rate?
Replies: 109
Views: 4610

Re: How did you determine your target savings rate?

Klang, I understand the sentiment of "Pay Yourself First". It's motivated and whatnots. If it works for you, then keep doing what you're doing. I understand why it motivates people. In reality, you don't know how much you save until you close the books for the month. Let's say you make 10k a month....
by H-Town
Wed May 20, 2020 12:19 pm
Forum: Personal Finance (Not Investing)
Topic: Best credit card for grocery rewards
Replies: 37
Views: 2804

Re: Best credit card for grocery rewards

It depends greatly on where you are buying your groceries. We buy most of ours at Fred Meyer. We learned the hard way that Amex categorizes them as a supercenter or something similar and not as a grocery store, hence, the 6% cashback does not work for them. I believe that this is true of Wal-Mart a...
by H-Town
Wed May 20, 2020 12:03 pm
Forum: Personal Finance (Not Investing)
Topic: How did you determine your target savings rate?
Replies: 109
Views: 4610

Re: How did you determine your target savings rate?

"I tell you what will get you reach the target goal: LBYM. That's it. The more you save, the faster you get to your goal. Simple as that." Balancing the savings rate for the future vs current living is a key. Without living below your means, there's no saving for the future. "Haggling between savin...
by H-Town
Wed May 20, 2020 11:34 am
Forum: Personal Finance (Not Investing)
Topic: How did you determine your target savings rate?
Replies: 109
Views: 4610

Re: How did you determine your target savings rate?

"I tell you what will get you reach the target goal: LBYM. That's it. The more you save, the faster you get to your goal. Simple as that." Balancing the savings rate for the future vs current living is a key. Without living below your means, there's no saving for the future. "Haggling between savin...
by H-Town
Tue May 19, 2020 7:08 pm
Forum: Personal Finance (Not Investing)
Topic: How did you determine your target savings rate?
Replies: 109
Views: 4610

Re: How did you determine your target savings rate?

"I just don't understand the wording that savings rate is not based on income, when it mathematically has to be." Maybe think o fit this way... - the goal of savings is to retire or FI or FIRE or whatever - FIRE requires a multiple of XXX amounts of funds per year (expenses) - the distance between ...
by H-Town
Mon May 18, 2020 9:56 pm
Forum: Personal Finance (Not Investing)
Topic: I work remote: Is buying a home away from a major city a major risk?
Replies: 39
Views: 4288

Re: I work remote: Is buying a home away from a major city a major risk?

Some background: I have been in a current job since January as a remote worker in IT Compliance. My employer (A technology company) has a long history of having a highly remote workforce. We have recently started to really like the Northern, AZ area and have started to seriously think of buying a h...
by H-Town
Mon May 18, 2020 9:50 pm
Forum: Investing - Theory, News & General
Topic: Small Cap Value heads Rejoice !!!
Replies: 1482
Views: 120289

Re: Small Cap Value heads Rejoice !!!

I've been thinking for a while that swing trading SCV in this environment is fairly doable. Ha! Ha! It is always doable, but is it more profitable than just buy, hold, rebalance? Let's pretend it is April 28 and SCV has gone up +9% in the past week. Do you sell? It goes up another 6% then next day ...
by H-Town
Mon May 18, 2020 7:12 pm
Forum: Personal Finance (Not Investing)
Topic: How did you determine your target savings rate?
Replies: 109
Views: 4610

Re: How did you determine your target savings rate?

I save what I don’t spend. Not the other way around. Your mileage may vary. So you spend first and only save what's left? I hope that works out well for you. It doesn't work out well at all for most who use that approach. It's more common than you think. I max out all tax advantaged account, spend ...
by H-Town
Mon May 18, 2020 6:51 pm
Forum: Personal Finance (Not Investing)
Topic: How did you determine your target savings rate?
Replies: 109
Views: 4610

Re: How did you determine your target savings rate?

I save what I don’t spend. Not the other way around. Your mileage may vary. So you spend first and only save what's left? I hope that works out well for you. It doesn't work out well at all for most who use that approach. It's more common than you think. I max out all tax advantaged account, spend ...
by H-Town
Mon May 18, 2020 12:01 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 5703
Views: 487111

Re: U.S. stocks continue to soar!

Forester wrote:
Mon May 18, 2020 11:07 am
Peter Schiff throws in the towel :o

https://twitter.com/peterschiff/status ... 38048?s=21
Stop doing this to your portfolio. Let it fly. :mrgreen:

Eventually it's no longer fun doing market timing. Every market timer will eventually get to that point.
by H-Town
Sun May 17, 2020 3:19 pm
Forum: Personal Consumer Issues
Topic: Beach Vacation Suggestions
Replies: 31
Views: 2396

Re: Beach Vacation Suggestions

Well, the mid-July Hawaii vacation is looking less likely given that the governor has extended the 14-day quarantine through June 30. So we are looking for alternatives. Probably east coast where things are becoming more opened up. I'd say anywhere from Myrtle Beach down to the Keyes. We have 12 an...
by H-Town
Fri May 15, 2020 5:13 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 18822
Views: 2630326

Re: U.S. stocks in free fall

Boomers have been mostly in charge for the past 30 years, and the national debt has ballooned. That, and climate change, appear to be future issues that the younger generations are going to have to deal with, and they blame boomers (and they are not 100% wrong to do so). But no one really hates you...
by H-Town
Fri May 15, 2020 4:59 pm
Forum: Investing - Theory, News & General
Topic: Ben Felix - How to Retire Early (The 4% Rule)
Replies: 221
Views: 15453

Re: Ben Felix - How to Retire Early (The 4% Rule)

If FI is the goal and we don't want to risk running out of money, why don't we plan to provide a lot of cushion? Instead of planning to save 25x annual expense, one can plan to double that, i.e. 50x annual expense. Instead of focusing on outside factors that we cannot control, focus on your saving ...
by H-Town
Fri May 15, 2020 2:50 pm
Forum: Investing - Theory, News & General
Topic: Ben Felix - How to Retire Early (The 4% Rule)
Replies: 221
Views: 15453

Re: Ben Felix - How to Retire Early (The 4% Rule)

If your expenses , goals and aspirations are the same now as 20 years ago and will be the same again 20 years from now then that is great. I doubt too many folks, couples, families have that same experience. I expect pretty much everyone goes through life matching their expenses, goals, and aspirat...
by H-Town
Thu May 14, 2020 1:08 pm
Forum: Personal Finance (Not Investing)
Topic: Should you include home equity in Net Worth?
Replies: 160
Views: 7606

Re: Should you include home equity in Net Worth?

Should home equity be included in your Net Worth? Also, how would you calculate it - the amount of principal paid down from your original loan, the amount owed vs. estimated value of house, the amount owed vs. estimated value of house net selling expenses....? Oh you just opened a can full of worm....
by H-Town
Thu May 14, 2020 12:43 pm
Forum: Personal Consumer Issues
Topic: Lexus 2018 recall
Replies: 16
Views: 1104

Re: Lexus 2018 recall

I received the notification for the recall of a fuel pump issue only a week ago. i checked my VIN number and yes, i need to get it fixed. the dealer says they are ordering parts for specific VIN and it could be months before my car will be fixed as parts are not coming in fast enough. The dealer is...
by H-Town
Wed May 13, 2020 12:25 pm
Forum: Personal Consumer Issues
Topic: WFW (Work from Wherever)
Replies: 70
Views: 6304

Re: WFW (Work from Wherever)

People who were able to WFH for the past two months are being asked to extend WFH until the fall or winter. I was thinking, how often do we regular office workers who weren't able to WFH before get the opportunity to WFW (work from wherever). Is anyone planning to work from different cities/countri...