Search found 1583 matches

by Cycle
Mon May 25, 2020 10:49 am
Forum: Personal Finance (Not Investing)
Topic: Worried about sibling financial future
Replies: 31
Views: 3947

Re: Worried about sibling financial future

If they have health and shelter, that's better than having millions and shelter, but poor health.

Everything is relative, in central America people get by and live healthy to old age on five dollars a day.
by Cycle
Sat May 23, 2020 12:02 pm
Forum: Personal Consumer Issues
Topic: Bicycle Recommendation?
Replies: 34
Views: 2523

Re: Bicycle Recommendation?

If u have noise coming from the crank it may just be a loose bottom bracket. A lot of thing can make clicking noises tho when pedalling. If u can isolate the noise, u can fix the problem. The last time I thought it was the bb, replaced the bb, then found out it was just my horizontal drop out that n...
by Cycle
Thu May 21, 2020 11:24 pm
Forum: Personal Investments
Topic: Moved all Retirement Plans to Cash Last Wed Based on Tepper's Call
Replies: 95
Views: 11447

Re: Moved all Retirement Plans to Cash Last Wed Based on Tepper's Call

The answer for you is "F": Open a Vanguard account, choose a target date fund, put all of your money into it, go into the "change password" option. Write a random password on a small piece of paper. This should be very randomized. Change your password. Log out. Eat the piece of paper. If you can't ...
by Cycle
Sat May 16, 2020 4:06 pm
Forum: Personal Finance (Not Investing)
Topic: Turning 30. Living 30s without regrets
Replies: 87
Views: 9439

Re: Turning 30. Living 30s without regrets

Don't ever go to one of those walkable European cities and definitely don't read any books on urbanism, like Jeff Specks walkable city, American cities will be ruined for you from that point forward. It's like in the Matrix when the truth is revealed, but there is no blue pill to let you go on livin...
by Cycle
Fri May 15, 2020 11:17 pm
Forum: Non-US Investing
Topic: The Mighty USD
Replies: 47
Views: 3362

Re: The Mighty USD

If it's exposed to moisture, like buried in a non-hermetically sealed trash bag, I'd expect it's tensile strength to weaken compared to some of the polymer notes in central america
by Cycle
Sat May 02, 2020 1:20 pm
Forum: Investing - Theory, News & General
Topic: Do you keep moving your cash around chasing yield?
Replies: 56
Views: 5333

Re: Do you keep moving your cash around chasing yield?

I get 2% on balances up to 15k, so long as I have 15 transactions a month. Credit union.
by Cycle
Fri Apr 24, 2020 11:38 am
Forum: Personal Finance (Not Investing)
Topic: Moving out of NYC due to pandemic
Replies: 164
Views: 12706

Re: Moving out of NYC due to pandemic

Are you thinking of moving to suburbs of another city or move into the urban space of another city?

Just curious bc Im raising my family near a downtown and find life very easy and low stress compared to when I lived in a car dependent neighborhood.
by Cycle
Wed Apr 15, 2020 9:20 pm
Forum: Personal Investments
Topic: New Employer 401k options--should I say anything?
Replies: 19
Views: 1109

Re: New Employer 401k options--should I say anything?

The nail that sticks up gets hammered down. Likely in a long recession and there will be multiple rounds of layoffs in the near future. They start with the old employees / new hires, based on the many many layoffs I have survived simply bc I've been in the middle and on a project at the time of firi...
by Cycle
Wed Apr 15, 2020 8:56 pm
Forum: Personal Consumer Issues
Topic: Apple Released a New Low-cost Iphone
Replies: 172
Views: 14306

Re: Apple Released a New Low-cost Iphone

Bought a new Motorola G7 in December for $161 with tax and shipping. Used new / refurbished it's more like $100. $400 seems obsurdly expensive for a comoditized gadget.
by Cycle
Wed Apr 15, 2020 7:53 pm
Forum: Personal Consumer Issues
Topic: Convince me - for or against bigger home
Replies: 92
Views: 5456

Re: Convince me - for or against bigger home

Walkable neighborhoods are nice. I never have to use the car, which reduces my odds of dying early and/or killing children.

We have 1000sqft for four people. I have all the space I need.

Inflatable mattress or four seasons for guests. We rented a couple houses for a baptism weekend once.
by Cycle
Sun Apr 12, 2020 10:01 pm
Forum: Investing - Theory, News & General
Topic: The One-Fund Portfolio as a default suggestion
Replies: 310
Views: 46080

Re: The One-Fund Portfolio as a default suggestion

My strategy of target funds in 401k, vtwax (ie total world) in everything else has been working behaviorally pretty good for me in this currently volatile time. There are no levers for me to pull.
by Cycle
Sun Apr 12, 2020 9:50 pm
Forum: Personal Consumer Issues
Topic: T-Mobile Connect - $15/mo 2GB
Replies: 27
Views: 2548

T-Mobile Connect - $15/mo 2GB

Is T-Mobile Connect pre-pay mobile phone service the best value for low data consumers right now? It's 15/mo (including taxes), and includes unlimited talk/text plus 2gb data. Our two line bill from Google Fi was approx $65 a month and we used about 2.5gb total. This is $30/mo for two lines and incl...
by Cycle
Sun Apr 12, 2020 11:09 am
Forum: Personal Investments
Topic: What single individual stock would you buy?
Replies: 133
Views: 9981

Re: What single individual stock would you buy?

I buy one stock, I get a guaranteed 15% discount on it through my employer stock purchase plan and sell it as soon as I am able 1yr.

Id advise buying index funds otherwise, global market weight.
by Cycle
Sat Apr 11, 2020 6:25 pm
Forum: Personal Investments
Topic: Boglehead has strayed. How to get back in the market?
Replies: 51
Views: 5846

Re: Boglehead has strayed. How to get back in the market?

I always lump sum. But the biggest buy I make is in January with Max roth. Similar buy at bonus time. I did a lump sum withdrawal to buy a condo with cash in the fall, liquidated my brokerage without looking at the current price. I doubt this will be the last time you make big moves to try and time ...
by Cycle
Fri Apr 10, 2020 2:25 pm
Forum: Personal Consumer Issues
Topic: What do you pay for your phone/cable/internet? REAL total with tax?
Replies: 61
Views: 5734

Re: What do you pay for your phone/cable/internet? REAL total with tax?

$60 for internet and cable, comcast. Inclusive thru condo.

$15 for unlimited talk text + 2gb data. Inclusive. T mobile connect. We have two lines, so $30.
by Cycle
Tue Apr 07, 2020 11:16 pm
Forum: Personal Consumer Issues
Topic: Coffee Grinders
Replies: 69
Views: 3129

Re: Coffee Grinders

Anyone get too lazy and switch to just buying ground beans? I'm so swamped with doing simultaneous work and daycare, I'm contemplating getting ground beans. I've already abandoned pour over for French press. I'd be making french press. For what it's worth, I just buy Aldi or targets fair trade priva...
by Cycle
Fri Apr 03, 2020 7:29 pm
Forum: Personal Consumer Issues
Topic: Safest way to get food
Replies: 168
Views: 13433

Re: Safest way to get food

I shop in a target grocery store that is incredibly busy and used by a lot of people that do not practice social distancing and use the local shelters. I've gone twice in the last three weeks. I wore nitrile gloves and a p100 respirator mask inside, and I work with cadavers at work so I know how to ...
by Cycle
Fri Apr 03, 2020 1:51 pm
Forum: Personal Finance (Not Investing)
Topic: How will this end and financial implications?
Replies: 2
Views: 396

Re: How will this end and financial implications?

In the us it will end after a vaccine is available in a couple years. The economy will be in complete shambles as 20-30% unemployment will occur until then. I don't see the us government having the will or resources to follow up on infected individuals and force them to quarantine. But hey we will a...
by Cycle
Fri Apr 03, 2020 11:16 am
Forum: Personal Investments
Topic: Does anyone else just not care/worry?
Replies: 139
Views: 9623

Re: Does anyone else just not care/worry?

I am worry because it seems like many health care workers are taking care of covd-19 patients and not cancer patients. My best friend has prostate cancer stage 4. He was supposed to have immunotherapy (provenge) but this was cancelled. Healthcare workers needed elsewhere. And this is not just for h...
by Cycle
Fri Apr 03, 2020 7:52 am
Forum: Personal Finance (Not Investing)
Topic: Are people going to start moving to the suburbs?
Replies: 8
Views: 860

Re: Are people going to start moving to the suburbs?

Why? The pedestrian only mall I live on and the nearby park have been a godsend during the shutdown. For high risk people in my building there is a team of volunteers that goes out and gets thing for them or just checks in. But people who want to be around a homogeneous population will always need t...
by Cycle
Thu Apr 02, 2020 8:38 pm
Forum: Investing - Theory, News & General
Topic: "They All Retired Before They Hit 40. Then This Happened."
Replies: 49
Views: 5427

Re: "They All Retired Before They Hit 40. Then This Happened."

My dad retired from being a surgeon in his early fifties. He Nanny's 20hrs a week. He still rents out his medical office building and does a fair bit of work on it, probably an hour a week, so many BHs would say he's not "retired". I guess he will never retire. I have an uncle who fixes up bikes and...
by Cycle
Thu Apr 02, 2020 8:19 pm
Forum: Personal Consumer Issues
Topic: Should I keep paying fitness center fees while it is closed?
Replies: 114
Views: 6261

Re: Should I keep paying fitness center fees while it is closed?

Assuming you can afford it, this boils down to an ethics question about how to treat other people. Sort of like the tipping threads on this site that become opion based. A gym is a business, not a charity, I don't see where ethics come into it. What you're suggesting is a slippery slope. For exampl...
by Cycle
Mon Mar 30, 2020 11:11 pm
Forum: Investing - Theory, News & General
Topic: Who's buying today? where's all the "dry powder" folks at? :)
Replies: 514
Views: 50160

Re: Who's buying today? where's all the "dry powder" folks at? :)

Got paycheck today and purchased $2k of vtwax. Didn't look at the price. Hopefully it's lower than the value in 2030, as that's my buy criteria.
by Cycle
Mon Mar 30, 2020 11:05 pm
Forum: Personal Consumer Issues
Topic: Tipping in new reality?
Replies: 80
Views: 4656

Re: Tipping in new reality?

I hate tipping, but do whatever the blogs recommend. If I want to be cheap I'll eat out less or do in store pickup.
by Cycle
Mon Mar 30, 2020 10:38 pm
Forum: Personal Investments
Topic: Probability of V shaped Rebound in Stocks
Replies: 82
Views: 7645

Re: Probability of V shaped Rebound in Stocks

Also unemployment is at Rock bottom, we will likely see 20-30% unemployment. Or not. Who knows. On ventilators, they aren't all that effective. 85% of vent patients ended up dieing in China. Seattle reported 70%. Ive seen 50% thrown around somewhere. Those that survive may die a year later of the fl...
by Cycle
Mon Mar 30, 2020 10:30 pm
Forum: Personal Investments
Topic: Probability of V shaped Rebound in Stocks
Replies: 82
Views: 7645

Re: Probability of V shaped Rebound in Stocks

This is going to be a long and painful process until there is a vaccine in 2-15 years. The US doesn't appear to have the appetite to aggressively pursue every case/contact like Asian countries did before it got out of control. I mean after the curve flattens, we'll just have another peak followed by...
by Cycle
Mon Mar 30, 2020 1:20 pm
Forum: Investing - Theory, News & General
Topic: Why does anyone invest in international funds?
Replies: 306
Views: 18193

Re: Why does anyone invest in international funds?

I don't know why everyone isn't just in faang, or for that matter short carnival

Seriously considering switching to 100% vtwax plus $3k rental income per month. 36yo. Currently in target funds in 401k plus vtwax in everything else. Bonds feel like drag. Vanguard test says I should be 100% equities.
by Cycle
Mon Mar 30, 2020 12:56 pm
Forum: US Chapters
Topic: How Is Your Job Being Impacted By The Current Crisis?
Replies: 505
Views: 50780

Re: How Is Your Job Being Impacted By The Current Crisis?

Wife works in the junk food industry, and I work in the medical device industry.

No cuts yet, but lack of elective surgeries will have a quarter or two of not great revenue. Probably won't be substantial layoffs beyond cutting contractors.

Processed food is doing well.
by Cycle
Sun Mar 29, 2020 9:33 pm
Forum: Investing - Theory, News & General
Topic: Where's Warren Buffett During This Crisis?
Replies: 155
Views: 20835

Re: Where's Warren Buffett During This Crisis?

Probably getting a young blood transfusion right now
by Cycle
Sun Mar 29, 2020 8:58 pm
Forum: Personal Consumer Issues
Topic: What will you do first, once COVID pandemic is over?
Replies: 271
Views: 17134

Re: What will you do first, once COVID pandemic is over?

Walk my child to daycare and then gleefully work from home for 8 uninterrupted hours.

I find quarantine to be quite miserable, just in trying to get work done and do childcare for a 15 mo old simultaneously.
by Cycle
Sun Mar 29, 2020 6:41 pm
Forum: Personal Consumer Issues
Topic: Costco Delivery
Replies: 41
Views: 5639

Re: Costco Delivery

In my building if u are high risk or quarantined you can just put what you need on a list and a team of neigbors will go out and get it for you. I think 3/4s of our building is over age 50. Also there is a nice local grocery chain in my area that is still doing deliveries, slightly pricier than Cost...
by Cycle
Sun Mar 29, 2020 9:17 am
Forum: Personal Finance (Not Investing)
Topic: Will mortgage rates drop significantly?
Replies: 6
Views: 968

Re: Will mortgage rates drop significantly?

I don't have any debt but was thinking of taking out a couple mortgages on my properties to buy some equities. Seems like the rates are high now tho compared to during the great recession.
by Cycle
Fri Mar 27, 2020 11:32 pm
Forum: Personal Consumer Issues
Topic: Are you still going to the grocery store or using a delivery service? Which?
Replies: 279
Views: 21013

Re: Are you still going to the grocery store or using a delivery service? Which?

I still go to the target flagship store. It was packed an no one was wearing masks or gloves. We are doomed. I've gone just once and wore a p100 respirator mask and gloves. I'm probably low risk since my brother survived covid-19 and I'm under 40. Wearing proper ppe, people sure do give u plenty of ...
by Cycle
Fri Mar 27, 2020 11:28 pm
Forum: Investing - Theory, News & General
Topic: Market will be at all time high by year-end
Replies: 121
Views: 11675

Re: Market will be at all time high by year-end

I've been baking a tray of cookies or brownies every other day. I think my scale will be at an all time high, but the market will certainly still be in uncertainty land.
by Cycle
Fri Mar 27, 2020 11:23 pm
Forum: Investing - Theory, News & General
Topic: There Is No Gold
Replies: 160
Views: 12261

Re: There Is No Gold

I have three stacks of silver coins. I might sell two of them. A couple of the coins have a little tarnish on them, most are mint condition. Do I need to clean them before selling? Sell them on eBay? Or fb marketplace? I live in a condo so could do the transaction under security camera in our lobby....
by Cycle
Fri Mar 27, 2020 10:58 pm
Forum: Investing - Theory, News & General
Topic: So, Where Are You *Back* To in Time? (And Were You Happy Then?)
Replies: 63
Views: 3808

Re: So, Where Are You *Back* To in Time? (And Were You Happy Then?)

I haven't looked at any of my balances besides checking account. I even squinted when making a 529 payment so I couldn't see the balances. Everything is automated except that 529 account. What is the difference between being a small time millionaire and a smaller time millionaire. Still don't have a...
by Cycle
Fri Mar 27, 2020 10:15 pm
Forum: Investing - Theory, News & General
Topic: Is there a risk of US currency collapse with trillion-dollar stimulus?
Replies: 28
Views: 2797

Re: Is there a risk of US currency collapse with trillion-dollar stimulus?

US spent 6.4T on wars in middle East and Asia since 2001. Congress can find 2T between the couch cushions.
by Cycle
Wed Mar 18, 2020 9:16 pm
Forum: Investing - Theory, News & General
Topic: Coronavirus and the market
Replies: 3949
Views: 296816

Re: Coronavirus and the market

I see two issues here. First, all these lockdowns and shutdowns are a good attempt to slow down the spread of the virus, but for how long? Whether it’s two weeks or two months from now, unless you have a cure (vaccine), then the pandemic will start all over again once you lift the restrictions, ass...
by Cycle
Tue Mar 17, 2020 10:37 pm
Forum: Personal Investments
Topic: The Black Swan is Here
Replies: 153
Views: 16804

Re: The Black Swan is Here

totally not a black swan. this is very similar to spanish flu, but it isn't taking out the young this time around. pandemics happen relatively frequently, though this is a really really bad one.
by Cycle
Tue Mar 17, 2020 10:27 pm
Forum: Personal Consumer Issues
Topic: How to get Toilet Paper ? seriously.
Replies: 684
Views: 55551

Re: How to get Toilet Paper ? seriously.

The place I go has inventory at a certain time. Not sure i want to share that info with hoarders here on BH though, so i'll keep it to myself. We haven't bought toilet paper since the shortages started, but it won't be a problem since i always see lots of inventory at that place in that timeframe.
by Cycle
Tue Mar 17, 2020 10:15 pm
Forum: Personal Consumer Issues
Topic: Get a 2nd Refrigerator for Home, and put in garage - Good idea?
Replies: 88
Views: 4944

Re: Get a 2nd Refrigerator for Home, and put in garage - Good idea?

why not insulate a room and install a refrigeration system? I mean if one is willing to do something very wasteful and unnecessary, go all in.
by Cycle
Sun Mar 15, 2020 10:51 pm
Forum: Investing - Theory, News & General
Topic: Is there a single person on here that thinks Coronavirus is going to have a material impact on [earnings]
Replies: 117
Views: 9605

Re: Is there a single person on here that thinks Coronavirus is going to have a material impact on [earnings]

Medical device companies will have lower earnings bc elective surgeries are cancelled everywhere with the virus. Things will be rough, but even if coronavirus is here to stay and taking 1% of the population every year, eventually we'll have posts on whether to get the iMask 3 or iMask 3s. I think it...
by Cycle
Wed Mar 11, 2020 9:28 pm
Forum: Personal Consumer Issues
Topic: Coronavirus (Consumer Issues) How you are preparing?
Replies: 1590
Views: 128939

Re: Coronavirus (Consumer Issues) How you are preparing?

at what point are you going to stop going to restaurants? or getting take-out? Has anyone already started that trend? I really, really want Chinese food tonight. I think I'll get it. To hell with it :) I haven't considered that yet, but my feelings wouldn't be hurt at all if the "mandatory" gender ...
by Cycle
Wed Mar 11, 2020 8:42 pm
Forum: Personal Investments
Topic: Mea culpa for what I just did in this crazy market.....
Replies: 30
Views: 4535

Re: Mea culpa for what I just did in this crazy market.....

market timers seeking market timing advice on BH... :oops: I have never, ever been a market timer. Not for over 30 years. I had been following the boglehead philosophy religiously for more than 3 decades. The situation staring me in the face in mid February appeared unprecedented in my lifetime, fr...
by Cycle
Wed Mar 11, 2020 8:25 pm
Forum: Personal Investments
Topic: Asset Allocation Rebalancing During the Corona Virus
Replies: 18
Views: 2245

Re: Asset Allocation Rebalancing During the Corona Virus

I hold vtwax (total world) in all but 401k. in 401k, it's all in a vanguard target fund. There's nothing for me to do. I have been buying vtwax in a 529 account with my excess money every week, so i bought 2k on friday. will buy another 2k next friday. i understand there is a pandemic that is prett...
by Cycle
Sun Mar 08, 2020 10:07 pm
Forum: Personal Finance (Not Investing)
Topic: Colleague is Day Trading
Replies: 43
Views: 4221

Re: Colleague is Day Trading

A colleague of mine asked me what i was doing about stocks. He said he was thinking of going all cash with his investments.

I said i don't hold any stocks, just hold index funds. Then i im'd him the link to the market timing video on BH wiki.
by Cycle
Sun Mar 08, 2020 10:04 pm
Forum: Personal Investments
Topic: Anyone buying oil/energy sector?!
Replies: 56
Views: 5069

Re: Anyone buying oil/energy sector?!

i bought 2k of the haystack on Friday, but i do this every friday.
by Cycle
Sun Mar 08, 2020 9:56 pm
Forum: Personal Investments
Topic: Asset Allocation Rebalancing During the Corona Virus
Replies: 18
Views: 2245

Re: Asset Allocation Rebalancing During the Corona Virus

I hold vtwax (total world) in all but 401k. in 401k, it's all in a vanguard target fund. There's nothing for me to do. I have been buying vtwax in a 529 account with my excess money every week, so i bought 2k on friday. will buy another 2k next friday. i understand there is a pandemic that is pretty...
by Cycle
Sat Mar 07, 2020 11:53 pm
Forum: Personal Investments
Topic: Mea culpa for what I just did in this crazy market.....
Replies: 30
Views: 4535

Re: Mea culpa for what I just did in this crazy market.....

i removed personal capital from my mobile device a few months back, so i have no idea what is happening to my account balances. From what I hear there was a 15% correction. I'd recommend sticking with an AA for the long haul. I do target funds in 401k, then total world in everything else. Auto contr...
by Cycle
Sun Mar 01, 2020 9:09 pm
Forum: Investing - Theory, News & General
Topic: [Why aren't forum members following the "Stay the course" approach?]
Replies: 372
Views: 25765

Re: [Why aren't forum members following the "Stay the course" approach?]

I haven't checked any of my index account balances. My only concern is if my emergency fund is topped off, which it is, and to make sure i don't over fund that emergency fund. i am fully aware covid-19 is uncontainable, has a high fatality rate, and is here to stay (ie a vaccination won't be able to...