Search found 383 matches

by harvestbook
Thu Feb 22, 2018 9:15 am
Forum: Investing - Theory, News & General
Topic: Will Emerging China Change Things for Domestic Investing?
Replies: 27
Views: 1872

Re: Will Emerging China Change Things for Domestic Investing?

I think it was Warren Buffet that said "Never bet against America." True, but few of us get to live Warren Buffet's timeline. Interesting that he and Bogle both have heavily US-centric views that don't seem as common among the younger class of "investor types who get in the press." It's almost as i...
by harvestbook
Tue Feb 20, 2018 8:15 am
Forum: Investing - Theory, News & General
Topic: Expected Returns: AQR’s Capital Market Assumptions 2018
Replies: 1
Views: 249

Re: Expected Returns: AQR’s Capital Market Assumptions 2018

How close were they before? Closer than anyone else?
Only clients can see it.
by harvestbook
Thu Feb 15, 2018 7:57 am
Forum: Investing - Theory, News & General
Topic: Can someone help me explain to my wife...?
Replies: 81
Views: 9440

Re: Can someone help me explain to my wife...?

Assuming she has her own IRA, give her available information, let her do what she wants, and plan on making enough for both of you in your IRA.
by harvestbook
Tue Feb 13, 2018 9:16 am
Forum: Investing - Help with Personal Investments
Topic: Too late for 2017 tIRA to Roth conversions?
Replies: 2
Views: 197

Re: Too late for 2017 tIRA to Roth conversions?

Thanks, we were caught off guard (pleasantly so) by the large percentage of income we were able to put in solo 401ks, HSA, and tIRAs. After self-employed insurance deduction, which is a third of our annual household budget, we are likely to pay no taxes. My business has uneven income so it's harder ...
by harvestbook
Tue Feb 13, 2018 8:50 am
Forum: Investing - Help with Personal Investments
Topic: Too late for 2017 tIRA to Roth conversions?
Replies: 2
Views: 197

Too late for 2017 tIRA to Roth conversions?

In compiling our tax records, I believe we will have a few thousand dollars in "available space" for a tax-free Roth conversion for 2017. However, my reading indicates those would have to be done by Dec. 31, 2017 (unlike contributions.) Is there any good way to use this space on 2017 taxes? I'll be ...
by harvestbook
Tue Feb 13, 2018 8:23 am
Forum: Investing - Help with Personal Investments
Topic: What is your passive investment sources?
Replies: 7
Views: 1262

Re: What is your passive investment sources?

It's great to start out young, and you can "afford" to take some chances, but it's also good to have a solid foundation so the risky stuff doesn't ruin you. I'd suggest a boring old total stock index fund. There aren't many true passive investments except being born rich. Most require either time, w...
by harvestbook
Tue Feb 13, 2018 8:17 am
Forum: Investing - Help with Personal Investments
Topic: Why paying off loans would be better than fully funding 401k?
Replies: 97
Views: 7006

Re: pay off loan debt, fund 401k. Where to put $s once EF funded?

CAN SOMEONE EXPLAIN WHY MY THOUGHTS ON THIS ARE INCORRECT? I don't like carrying debt either, but... I'm trying to do what gets us ahead the most. Mathematically, funding the 401k makes the most sense. Unless I'm missing something Because the money you pay on debt interest is gone forever, and your...
by harvestbook
Sun Feb 11, 2018 9:40 pm
Forum: Personal Finance (Not Investing)
Topic: Passthrough deduction affected by solo 401k?
Replies: 8
Views: 466

Re: Passthrough deduction affected by solo 401k?

Forbes actually has had articles with different points of view on this issue. I think we need definitive IRS guidance on when the 50% of W-2 limitation applies. Yeah I am waiting for some real-world results before I make any changes https://www.forbes.com/sites/anthonynitti/2018/01/04/the-new-quali...
by harvestbook
Thu Feb 08, 2018 2:59 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 5600
Views: 1266352

Re: U.S. stocks in freefall

Drops are fine with me. This is what we get paid for. This is the job.
by harvestbook
Thu Feb 08, 2018 8:09 am
Forum: Personal Finance (Not Investing)
Topic: Solo 401k basic question
Replies: 12
Views: 572

Re: Solo 401k basic question

There's still some confusion on how the law will actually separate the various types of self-employment income for the pass-through deduction. I'm in a similar boat, with an S-Corp that employs me and my wife and wondering whether to become a sole proprietor. We max out our solo 401ks and I'm trying...
by harvestbook
Wed Feb 07, 2018 9:18 pm
Forum: Investing - Help with Personal Investments
Topic: Why does my wife have this portfolio?
Replies: 32
Views: 3764

Re: Why does my wife have this portfolio?

She probably thinks she was doing pretty well before you came along and so why should she change now? And she does have a point. Truth is, sticking with this isn't the worst thing in the world except for the severe lack of diversification. She could pursue many worse paths, such as jumping around to...
by harvestbook
Mon Feb 05, 2018 8:02 pm
Forum: Investing - Theory, News & General
Topic: "Bitcoin is my potential pension"
Replies: 54
Views: 7875

Re: "Bitcoin is my potential pension"

If you need any schadenfreude and also reassurance that the Bogle way is best, read some Bitcoin Reddit, particularly the Daily Discussion. Lots of people "buying this dip" or "selling at a loss to buy in cheaper" or "have to sell at a loss because I have to pay the money back in two weeks." https:/...
by harvestbook
Mon Feb 05, 2018 7:54 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 5600
Views: 1266352

Re: U.S. stocks in freefall

I'm selling stocks and fleeing for the stability and safety of bitcoin myself.
by harvestbook
Sat Feb 03, 2018 10:02 am
Forum: Investing - Theory, News & General
Topic: Blood in the water- buying?
Replies: 117
Views: 15991

Re: Blood in the water- buying?

600 dow points ain't what it used to be
by harvestbook
Fri Feb 02, 2018 7:06 pm
Forum: Personal Finance (Not Investing)
Topic: When is it ok to quit your job and run your business full time?
Replies: 24
Views: 2177

Re: When is it ok to quit your job and run your business full time?

I'm a fool and I did it the moment I was making more than my day job and also looked at the growth and thought, "Wow, these are the kind of numbers that a bank would loan on." Not that I ever needed it. There's nothing like being your own boss, except maybe being fully retired. Go for it and don't l...
by harvestbook
Wed Jan 31, 2018 9:41 pm
Forum: Personal Finance (Not Investing)
Topic: How to think about your house from a financial perspective
Replies: 89
Views: 6771

Re: How to think about your house from a financial perspective

To me, a paid-off house is simply a low-cost foundation from which to build wealth. I plan to never sell. If I do, I have a whole new set of problems and costs and hassles.
by harvestbook
Wed Jan 31, 2018 10:45 am
Forum: Investing - Theory, News & General
Topic: looking for positive experiences transferring to Vanguard
Replies: 39
Views: 2243

Re: looking for positive experiences transferring to Vanguard

I moved from Edward Jones to Vanguard in 2016 and the process was so smooth I don't remember a single thing about it. (I'd had a VG account since 2013 but the Edward Jones predated it.) The very few times I've used customer service, I've been well satisfied.
by harvestbook
Tue Jan 30, 2018 11:09 am
Forum: Investing - Theory, News & General
Topic: Wow: Shiller PE is 34.52
Replies: 52
Views: 6330

Re: Wow: Shiller PE is 34.52

This thing's been high practically since it was invented.

Image
by harvestbook
Sun Jan 28, 2018 8:49 pm
Forum: Investing - Help with Personal Investments
Topic: The HSA Authority indemnification message
Replies: 5
Views: 508

Re: The HSA Authority indemnification message

I'm no lawyer but it pretty clearly looks like you are responsible if you or they are hacked, and/or if their site goes down and you can't buy or sell when you want, too bad for you.
by harvestbook
Sun Jan 28, 2018 9:39 am
Forum: Investing - Help with Personal Investments
Topic: Investment thought loops have been destroying me
Replies: 31
Views: 1335

Re: Investment thought loops have been destroying me

Counseling is an acceptable reaction to an irrational behavior that causes this degree of crippling distress.

In the meantime, Jason Zweig's "Your Money and Your Brain" may provide some insight into emotional responses to money.
by harvestbook
Sat Jan 27, 2018 7:32 pm
Forum: Personal Finance (Not Investing)
Topic: I don't think my lady is very good at saving money, how do I handle?
Replies: 50
Views: 3885

Re: I don't think my lady is very good at saving money, how do I handle?

Compromise hurts because it's natural to think "my way is the right way." I'm certainly that way as a frugal person, to the point where I make it a MORAL issue-- that people who splurge are somehow flawed. Of course, that's silly when viewed dispassionately. If you want to make it work, you have to ...
by harvestbook
Sat Jan 27, 2018 12:23 pm
Forum: Investing - Theory, News & General
Topic: When did the bad news start in 2008?
Replies: 135
Views: 12682

Re: When did the bad news start in 2008?

LOL and that same 2015 Pisani piece has a guy afraid because the "bull market" (which started in 2013 according to some so-called experts when it reached the pre-cash high, not 2009 as most people believe) is now "long in the tooth." Considering the hundreds if not thousands of guests CNBC churns, i...
by harvestbook
Thu Jan 25, 2018 8:09 pm
Forum: Investing - Help with Personal Investments
Topic: Thinking About Timing the Market
Replies: 75
Views: 5665

Re: Thinking About Timing the Market

Plenty of people smarter than me date the start of this current bull market to 2013 when it matched the pre-crash high. And the global stock market index fell by more than 20 percent in early 2016. So we're probably in what is pretty much ordinary times with low volatility and low interest rates. Si...
by harvestbook
Thu Jan 25, 2018 8:14 am
Forum: Investing - Theory, News & General
Topic: Dalio says bonds have entered a bear market
Replies: 96
Views: 9411

Re: Dalio says bonds have entered a bear market

Thought the oracle of bonds was Gross or Gundlach?? Has baton been passed to Dalio as in a game of hot potato?? Gross is Monday, Dalio is Tuesday, Gundlach is Wednesday, Dimon is Thursday, Rickert/Faber/Gartman or Wacko Bear of the Week is Friday. Alternate stances every other week, rinse and repea...
by harvestbook
Thu Jan 25, 2018 8:08 am
Forum: Investing - Help with Personal Investments
Topic: How important to maximize tax-advantaged space in my particular case?
Replies: 15
Views: 902

Re: How important to maximize tax-advantaged space in my particular case?

I'm in a similar situation, probably looking at the 12 percent bracket. I'm not doing it unless I can efficiently put it in a Roth. I doubt I'd want to trade a .04 ER for a .55 ER in any case.
by harvestbook
Wed Jan 24, 2018 9:11 am
Forum: Investing - Help with Personal Investments
Topic: RothIRA/index timing?
Replies: 8
Views: 597

Re: RothIRA/index timing?

If your current employer does any kind of 401k match, definitely take it to the max.

Also, you don't have to start with $3K in the Roth if you are using Vanguard. Target date funds have minimums of $1K. Other firms may let you start with even less but I haven't used those.
by harvestbook
Tue Jan 23, 2018 7:45 pm
Forum: Forum Issues and Administration
Topic: Doesn't seem like people respond to portfolio assessments like they did a few years ago.
Replies: 103
Views: 8389

Re: Doesn't seem like people respond to portfolio assessments like they did a few years ago.

I have a personal rule of not giving advice to anyone with more money than me, so that pretty much cuts me out of most discussions. I like cost-cutting tips more than the same old hair-splitting tips because money not spent has more value than earning an extra tenth of a percent over 10 years with a...
by harvestbook
Tue Jan 23, 2018 9:18 am
Forum: Investing - Help with Personal Investments
Topic: Solo 401k provide options and a thank you
Replies: 4
Views: 300

Re: Solo 401k provide options and a thank you

We started at Vanguard last year just because everything else is there. The lack of admiral funds led to me to just pick a Lifestrategy Growth fund and leave it alone, which may turn out to be better for me than saving .1 on ER and trying to be smart at Fidelity.
by harvestbook
Tue Jan 23, 2018 9:09 am
Forum: Investing - Theory, News & General
Topic: Small Value Premium - How Do You View It?
Replies: 94
Views: 6542

Re: Small Value Premium - How Do You View It?

I use a modified Merriman portfolio because his breakdown of 10-, 15-, and 20-year periods make sense to me. Even if "everybody knows" small value will outperform, many people won't use it for any number of reasons. Most investors probably don't even know what "small value" means yet they plunk mone...
by harvestbook
Sat Jan 20, 2018 7:00 pm
Forum: Investing - Help with Personal Investments
Topic: Help Late Early Accumulators Be Comfortable Right Now with (Bogle-appropriate) Aggressive AA
Replies: 30
Views: 1952

Re: Help Late Early Accumulators Be Comfortable Right Now with (Bogle-appropriate) Aggressive AA

I want to stay in because the dividends keep churning regardless and if reinvested will already be buying cheap if the market declines. That plus total stock market yields are not much lower than the total bond fund at this point. Compounding only works if you stay in and let the wheels grind. I fee...
by harvestbook
Fri Jan 19, 2018 4:39 pm
Forum: Personal Finance (Not Investing)
Topic: successful Boglehead business owner, could please you share?
Replies: 6
Views: 907

Re: successful Boglehead business owner, could please you share?

I was a reporter and one of my beats was a weekly article on a local business owner. Without exception, as mentioned in the thread, all of the success stories were people who initially started doing something they loved and were passionate about. And they just kept doing what they were passionate ab...
by harvestbook
Thu Jan 18, 2018 3:09 pm
Forum: Investing - Help with Personal Investments
Topic: Exit strategy for bitcoin
Replies: 72
Views: 5188

Re: Exit strategy for bitcoin

It's a crude tool but there has been some correlation with median transaction value and sell-offs. It was relatively stable last year despite the big increase, until early December (one theory is that everybody's nerdy nephew spread the bitcoin gospel at Thanksgiving). It seems the whales start dump...
by harvestbook
Mon Jan 15, 2018 3:09 pm
Forum: Investing - Help with Personal Investments
Topic: 529 AND UTMA
Replies: 29
Views: 1514

Re: 529 AND UTMA

We did 529s up to about half the expected cost, then started UTMA fund with the express purpose of bribery--any money received through scholarships, the child will get that money at 21 instead of having it spent on college. But I have been selling some off to match the child's earnings in a Roth acc...
by harvestbook
Mon Jan 15, 2018 3:03 pm
Forum: Investing - Theory, News & General
Topic: Can the Schiller P/E ratio be used for tactical allocation?
Replies: 13
Views: 785

Re: Can the Schiller P/E ratio be used for tactical allocation?

I don't think I could outsmart all the people who do this for a living and study global markets 16 hours a day for thirty years and still seem to be not that good at it. I'll just hold my 10 percent EM allocation and expect it to fluctuate, sometimes in step with the US and sometimes not. The Shille...
by harvestbook
Sun Jan 14, 2018 11:27 am
Forum: Investing - Help with Personal Investments
Topic: Opening an HSA - Vanguard Admiral Shares available
Replies: 14
Views: 1259

Re: Opening an HSA - Vanguard Admiral Shares available

We use HSA Administrators as well. I was going to change to HSA Authority but having to mail in or call to move money around doesn't appeal to me, and HSA Authority had no decent bond choices (all actively managed with ERs of .5 and up, if I remember correctly.) I know I'm paying a little more with ...
by harvestbook
Sun Jan 14, 2018 10:46 am
Forum: Investing - Help with Personal Investments
Topic: Adding 200k to Portfolio, don't want boring old VTSAX again -your criticism, suggestion for a little extra risk?
Replies: 46
Views: 5678

Re: Adding 200k to Portfolio, don't want boring old VTSAX again -your criticism, suggestion for a little extra risk?

It's weird but making a tiny side bet may give you the emotional thrill you are seeking. I bought $100 worth of various cryptos just to learn and I spend a lot of time watching the gyrations, reading about it, and watching the psychotic personalities that swirl around it (which is enough in itself t...
by harvestbook
Sun Jan 14, 2018 10:27 am
Forum: Personal Finance (Not Investing)
Topic: Do you correct cashier mistakes?
Replies: 41
Views: 2266

Re: Do you correct cashier mistakes?

Honesty is the best policy. Accuracy is the best way to conduct transactions. I've used many mechanics over the years but one time I got a bill that I thought was a little too high but not alarmingly so. A week later the shop owner called me and said "I was going over receipts since I was gone, and ...
by harvestbook
Fri Jan 12, 2018 8:34 am
Forum: Investing - Help with Personal Investments
Topic: 100% VTSAX (Vanguard Total Stock Mkt Idx Adm)??
Replies: 70
Views: 5727

Re: 100% VTSAX (Vanguard Total Stock Mkt Idx Adm)??

Mark Cuban's entire life history is built on diversification. It's not like he's still 100 percent Yahoo.
by harvestbook
Mon Jan 08, 2018 7:34 pm
Forum: Personal Consumer Issues
Topic: How to learn creative writing?
Replies: 23
Views: 1364

Re: How to learn creative writing?

+1 Sandtrap covered it. I've been a professional writer for 22 years. Journalist for 12 years while I built my fiction credits and craft, full-time fiction writer since 2011. Before that I was an amateur/semi-pro writer my entire life. I had some college classes, which helped a little (learned the v...
by harvestbook
Mon Jan 08, 2018 7:16 pm
Forum: Personal Finance (Not Investing)
Topic: Use HSA money or pay out of pocket?
Replies: 36
Views: 3002

Re: Use HSA money or pay out of pocket?

We use ours as a current-expense fund but never really spend much of it so it keeps growing. I look at it as the best of both worlds-- saving certain tax-free money today while also saving some for uncertain spending ahead (I mean, I'd hate to die and never get to spend my HSA money!) But there are ...
by harvestbook
Sun Jan 07, 2018 9:28 am
Forum: Investing - Help with Personal Investments
Topic: Portfolio Simplification and Overview
Replies: 23
Views: 1737

Re: Portfolio Simplification and Overview

I'd take the Target Date funds that are 80/20 where possible (probably around the 2035 target) and then just try to 80/20 in the other funds to keep it as simple as possible. And try to get out of debt instead of doing taxable (I'd seek tax-deferred opportunities or savings instead of more Roth, and...
by harvestbook
Sat Jan 06, 2018 4:22 pm
Forum: Investing - Theory, News & General
Topic: Are Robo-Investors driving the market to insane levels?
Replies: 36
Views: 5303

Re: Are Robo-Investors driving the market to insane levels?

I think you answered your own question by saying you've only been paying attention for the last year and a half. Imagine how you would've felt in 2013, when the S & P returned 32 percent. You can find plenty of "scary" and "crash" headlines from as recently as Feb 2016, less than two years ago. "Dow...
by harvestbook
Sat Jan 06, 2018 4:08 pm
Forum: Personal Finance (Not Investing)
Topic: How much are you putting in a 529?
Replies: 111
Views: 7809

Re: How much are you putting in a 529?

We got a fairly late start but now have around $46K in senior year. I stopped contributing to the 529 two years ago and switched to a UTMA account and Roth for the child. The UTMA will be the first backup, and then I will cash flow/take out of my taxable. However, based on FASFA report and what the ...
by harvestbook
Thu Jan 04, 2018 9:26 pm
Forum: Investing - Theory, News & General
Topic: Hitting The Sell Button
Replies: 226
Views: 27187

Re: Hitting The Sell Button

At 55, my only nod to the bull and my age is I set my 401k to a LifeStrategy Growth Fund (80/20). My other stuff's about 93/7 and I'm riding the bull until I fall off. I expect I am still a decade away from moving to conservative mode since I can work until I am dead or dissipated in my creative fie...
by harvestbook
Thu Jan 04, 2018 4:02 pm
Forum: Investing - Help with Personal Investments
Topic: Cryptocurrency Exit Strategy
Replies: 52
Views: 4672

Re: Cryptocurrency Exit Strategy

I've been fascinated by the BTC median volume of transactions chart and how it correlates to the selloffs. It looks like whales start cashing out and milking the sardines who then buy back in at short-term lows "because it's a bargain." Rinse and repeat. I suspect ALL of the crypto markets are being...
by harvestbook
Tue Jan 02, 2018 5:57 pm
Forum: Personal Consumer Issues
Topic: What frugal thing did you do today?
Replies: 450
Views: 35566

Re: What frugal thing did you do today?

Upgraded to fiber-optic higher-speed internet while cutting monthly bill by eliminating call-out capability (we use cell phones). Will reduce further by eliminating damage coverage once we see if everything works correctly.
by harvestbook
Thu Dec 21, 2017 8:29 pm
Forum: Investing - Help with Personal Investments
Topic: Sell taxable to fund tIRA?
Replies: 7
Views: 372

Re: Sell taxable to fund tIRA?

We're considering Roth, too, thanks. We're unable to project the tax savings because our income fluctuates a good bit. I'd rather have the tax break now in expectation we'll have lower income and tax bracket in retirement, all things being equal. We'll probably be able to judge better after we file ...
by harvestbook
Thu Dec 21, 2017 8:14 pm
Forum: Investing - Help with Personal Investments
Topic: Sell taxable to fund tIRA?
Replies: 7
Views: 372

Sell taxable to fund tIRA?

This may be a dumb question but does it make sense to sell out of a taxable account to fund a trad IRA? We had a few lucky years where we had way more to invest than our IRA max and so built up taxable accounts that are bigger than our IRAs. Now our income is declining slowly and I would rather have...