Search found 306 matches

by wootwoot
Sat May 18, 2019 4:27 pm
Forum: Investing - Theory, News & General
Topic: Why Are U.S. Asset Prices So High Today?
Replies: 34
Views: 3012

Re: Why Are U.S. Asset Prices So High Today?

The fed lowering interest rates for the last ~10 years (impacting bonds) while putting money into the market through QE has had a massive impact on asset valuation.
by wootwoot
Sat May 18, 2019 3:33 pm
Forum: Investing - Theory, News & General
Topic: how do Tariffs impact your portfolio?
Replies: 25
Views: 1283

Re: how do Tariffs impact your portfolio?

tampaite wrote:
Fri May 17, 2019 11:11 am

How will this impact portfolio?
Zero point zero. Stay the course.
by wootwoot
Sat May 18, 2019 2:24 pm
Forum: Personal Finance (Not Investing)
Topic: Churning Credit Cards
Replies: 57
Views: 4390

Re: Churning Credit Cards

This is getting me interested. I do online surveys, make ~$300/yr for about 5min/week of my time that I'd otherwise be doing nothing with. We make good livings, this is just fun money. Looks like it shouldn't be that difficult to make several times that with just a few cards a year. I'm checking ou...
by wootwoot
Sat Apr 27, 2019 12:34 am
Forum: Investing - Theory, News & General
Topic: Vanguard Lowers 21 ETF Expense Ratios
Replies: 76
Views: 7436

Re: Vanguard Lowers 21 ETF Expense Ratios

This appears to be a nudge (shove?) for people to go into ETFs instead of mutual funds. How else to explain offering ETF/MF equivalents at different prices? (VTI and VXUS the most glaring examples.) Do a good search for in-kind transfers and you'll find that ETFs are more tax efficient. Vanguard is...
by wootwoot
Fri Apr 26, 2019 12:13 am
Forum: Investing - Theory, News & General
Topic: Jack Bogle Says ‘Avoid Bitcoin Like the Plague’
Replies: 321
Views: 38510

Re: Jack Bogle Says ‘Avoid Bitcoin Like the Plague’

Prahasaurus wrote:
Thu Apr 25, 2019 4:33 pm
I don't really get the vitriol here against BTC.
People get mad about things they don't understand.
by wootwoot
Tue Apr 23, 2019 3:59 pm
Forum: Personal Consumer Issues
Topic: Urban Myth on Electronic Car Break-ins?
Replies: 17
Views: 1169

Re: Urban Myth on Electronic Car Break-ins?

I see the same reports on the nextdoor app. Many people just don't lock their car doors. You are right, this is an urban myth.
by wootwoot
Sun Apr 21, 2019 12:40 pm
Forum: Investing - Theory, News & General
Topic: When to prioritize funding 529?
Replies: 31
Views: 2347

Re: When to prioritize funding 529?

Do you get a break on taxes by contributing to the 529? Maxing that out would be a good place to start.
by wootwoot
Sat Apr 20, 2019 8:03 pm
Forum: Personal Investments
Topic: Where to park the next dollar, beyond 401k?
Replies: 12
Views: 1545

Re: Where to park the next dollar, beyond 401k?

OP did you run the calculation with a lower annual return? 9% year after year paints a very rosy and unrealistic picture.
by wootwoot
Thu Apr 18, 2019 9:37 pm
Forum: Investing - Theory, News & General
Topic: M1 Finance
Replies: 42
Views: 3647

Re: M1 Finance

If M1 had free TLH I would consider it. Their current offerings don't interest me.
by wootwoot
Thu Apr 18, 2019 9:35 pm
Forum: Personal Investments
Topic: Leave a job with a pension?
Replies: 39
Views: 4325

Re: Leave a job with a pension?

With a pension like that I'd stay, that's a good payoff.
by wootwoot
Sun Apr 14, 2019 2:34 am
Forum: Personal Consumer Issues
Topic: Free Southwest Companion Pass for 2019
Replies: 63
Views: 5711

Re: Free Southwest Companion Pass for 2019

sunny_socal wrote:
Sat Apr 13, 2019 9:27 am
wootwoot wrote:
Sat Apr 13, 2019 8:40 am
OP this isn't much of a deal.
Yes, but getting the pass for 2019 _and_ 2020 is a good deal.
Agreed :D
by wootwoot
Sat Apr 13, 2019 8:40 am
Forum: Personal Consumer Issues
Topic: Free Southwest Companion Pass for 2019
Replies: 63
Views: 5711

Re: Free Southwest Companion Pass for 2019

OP this isn't much of a deal.
by wootwoot
Thu Apr 11, 2019 11:28 pm
Forum: Personal Finance (Not Investing)
Topic: Bogleheads, why won't anyone hire me?
Replies: 194
Views: 17691

Re: Bogleheads, why won't anyone hire me?

OP maybe you should buy more houses in your area and rent them out, become a landlord. You seem much more passionate about landlording than working a strict 9-5.
by wootwoot
Thu Apr 11, 2019 6:17 pm
Forum: Personal Finance (Not Investing)
Topic: Bogleheads, why won't anyone hire me?
Replies: 194
Views: 17691

Re: Bogleheads, why won't anyone hire me?

TaxingAccount wrote:
Thu Apr 11, 2019 8:48 am
The fact that this topic already has 8,000 views just shows that many others are in the same boat and the bitter taste of the realities of the world in which we live.
You couldn't be any more incorrect with this assumption.
by wootwoot
Wed Apr 10, 2019 9:01 am
Forum: Personal Finance (Not Investing)
Topic: Bogleheads, why won't anyone hire me?
Replies: 194
Views: 17691

Re: Bogleheads, why wont anyone hire me?

The program still runs today. I met lots of parents through it, all who tried to help me out, but my area is tough. I live in a coastal area of NC, and to be fair we aren’t notorious for having tons of jobs. Many people relocate, or work at restaurants forever.. You summed up your problem right her...
by wootwoot
Tue Apr 09, 2019 12:43 am
Forum: Personal Finance (Not Investing)
Topic: $20k day care...how is it taxed?
Replies: 85
Views: 5350

Re: $20k day care...how is it taxed?

I've always been curious where this 5k limit came from since no day care costs $5k.. Was it it some law made 20+ years ago when day cares did cost around 5k?? It costs a lot years ago too, we were paying $1,300 per month, almost $15,600. Time frame was early 1990s. We pay $1600 a month for 2 kids i...
by wootwoot
Sun Apr 07, 2019 12:03 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Announces Plans to Launch Commodities Fund
Replies: 148
Views: 12741

Re: Vanguard Announces Plans to Launch Commodities Fund

Are commodities a good investment for the long haul in a world that is seeking to reduce carbon footprints, use less petroleum, do more recycling, and generally move to a more sustainable economy? Yes. Emerging markets have little to no interest in reducing their carbon footprint, using less petrol...
by wootwoot
Thu Apr 04, 2019 8:37 pm
Forum: Personal Consumer Issues
Topic: Talk me in/out of $35k Tesla Model 3
Replies: 286
Views: 18860

Re: Talk me in/out of $35k Tesla Model 3

Afty wrote:
Wed Apr 03, 2019 11:13 am
I've had my Model 3 for 2 weeks now. I've driven 460 miles and spent $3.62 on "fuel," thanks to free charging at work. That would have been $90 worth of expensive California gas in my old car. :D
Does your work provide free gasoline for employees too?
by wootwoot
Tue Apr 02, 2019 9:51 pm
Forum: Personal Finance (Not Investing)
Topic: Just Bought an Annuity
Replies: 149
Views: 11560

Re: Just Bought an Annuity

I can see skipping the COLA but not the cash refund or period certain. These seem like a reasonable way to assure the insurance company does not get an outsized return while still providing lifetime income. Why do you care if the insurance company gets lucky? Would it bother you if your neighbor wo...
by wootwoot
Mon Apr 01, 2019 10:31 pm
Forum: Personal Consumer Issues
Topic: New 2019 RAV4 is now out - looks good
Replies: 128
Views: 14319

Re: New 2019 RAV4 is now out - looks good

That sounds great, I'll put the CX-5 on my list. Toyota isn't bringing much to the table beyond reliability at this point. The RAV-4 is also horribly underpowered, you'll get run over trying to merge on the freeway. Dude, it's not. I tossed it around a bit on my test drive, and it merged fine on th...
by wootwoot
Mon Apr 01, 2019 9:42 pm
Forum: Personal Consumer Issues
Topic: New 2019 RAV4 is now out - looks good
Replies: 128
Views: 14319

Re: New 2019 RAV4 is now out - looks good

Noise vibration and harshness. The reviews also say that pretty much everything about the Rav-4 is worse than the competition so it’s clearly your typical mediocre Toyota appliance. Best reliability in its class. So there is that. Also best MPG. Big deal the reliability difference between that and ...
by wootwoot
Sun Mar 31, 2019 8:19 pm
Forum: Personal Consumer Issues
Topic: Do others dislike Vanguard's new website as much as me?
Replies: 151
Views: 10992

Re: Vanguard - Will they ever upgrade their site?

After another day of trying to use Vanguards website, this time regarding "settlement funds" I think I've reached my limit and will move my account. Using Vanguards website is an exercise in frustration. It's just plain awful. Hard to find what you are looking for, things are not laid out in a clea...
by wootwoot
Sun Mar 31, 2019 2:42 pm
Forum: Personal Investments
Topic: Day trade ETF
Replies: 9
Views: 595

Re: Day trade ETF

If you move into futures trading you won't have to worry about day trading rules.
by wootwoot
Sat Mar 30, 2019 10:57 am
Forum: Personal Consumer Issues
Topic: Tattoos and Bogleheads
Replies: 180
Views: 8728

Re: Tattoos and Bogleheads

No tattoos here they are a poor investment. I'd rather invest the money.
by wootwoot
Fri Mar 29, 2019 9:35 pm
Forum: Personal Finance (Not Investing)
Topic: Passed Over For Promotion for Being too Good at My Job
Replies: 55
Views: 5569

Re: Passed Over For Promotion for Being too Good at My Job

This sounds like office politics. Are you a known commodity to the higher ups? They usually want to promote people they personally like or work well with. Not saying that it's fair but in business you need to do a great job and play good politics.
by wootwoot
Fri Mar 29, 2019 8:52 pm
Forum: Non-US Investing
Topic: Can Low income ppl become millionaire? [Hong Kong]
Replies: 38
Views: 2656

Re: Can Low income ppl become millionaire? [Hong Kong]

OP, yes low income people can become millionaires too, it's very dependent of savings rate and takes many years (decades). That being said many in this forum have exceptional income so you won't find many 30k millionaires here. Keep saving and try to minimize taxes where you can, it will all pay off...
by wootwoot
Fri Mar 29, 2019 1:26 am
Forum: Personal Finance (Not Investing)
Topic: Anybody else get a huge tax increase due to SALT deduction changes?
Replies: 101
Views: 7109

Re: Anybody else get a huge tax increase due to SALT deduction changes?

bhsince87 wrote:
Thu Mar 28, 2019 11:05 pm
Not here, in PA. Paid about $5,000 less.
Same here in AZ.
by wootwoot
Tue Mar 26, 2019 10:41 pm
Forum: Personal Investments
Topic: Has anyone switched 529 plans more than twice?
Replies: 1
Views: 180

Re: Has anyone switched 529 plans more than twice?

What difference does it make how many 529 plans you've belonged to?
by wootwoot
Sun Mar 24, 2019 6:36 pm
Forum: Investing - Theory, News & General
Topic: The 17th Century Bond That’s Still Paying Interest
Replies: 14
Views: 3204

Re: The 17th Century Bond That’s Still Paying Interest

How can these be considered bonds when the payout is variable?
by wootwoot
Sun Mar 24, 2019 11:29 am
Forum: Personal Investments
Topic: Mortgage as my bond fund.
Replies: 16
Views: 1145

Re: Mortgage as my bond fund.

How do you rebalance when using a mortgage as opposed to bonds?
by wootwoot
Thu Mar 21, 2019 9:34 am
Forum: Personal Consumer Issues
Topic: Being a Boglehead and car enthusiast stinks
Replies: 72
Views: 4500

Re: Being a Boglehead and car enthusiast stinks

snackdog wrote:
Thu Mar 21, 2019 4:12 am
The generally agreed best all around sports car you can buy is cheaper than a Bogle Camry, new or used. The Mazda Miata.
No, just no.
by wootwoot
Tue Mar 19, 2019 11:43 pm
Forum: Personal Consumer Issues
Topic: Security camera with local storage and remote access?
Replies: 45
Views: 2293

Re: Security camera with local storage and remote access?

Apparently it records, via wifi, to an SD card in a base station inside your house. What I can't figure out is how the online access works. If you can figure it out, than you could design the system. I am not sure what the fuss is about when all the hackers would see is your lawn and your neighbors...
by wootwoot
Tue Mar 19, 2019 10:13 pm
Forum: Personal Finance (Not Investing)
Topic: Should we purchase $700k home?
Replies: 101
Views: 6752

Re: Should we purchase $700k home?

Hard to know if OP is serious or joking around. Humblebrag?
by wootwoot
Tue Mar 19, 2019 9:13 am
Forum: Investing - Theory, News & General
Topic: Is technical analysis all smoke and mirrors?
Replies: 88
Views: 9359

Re: Is technical analysis all smoke and mirrors?

Technical analysis is complete and utter BS from top to bottom. It's the financial industry equivalent of snake oil salespeople. It's really easy to see the con at work. On any given week on CNBC or other financial quack shows, take note of the predictions uttered by the herd of technical bloviator...
by wootwoot
Sat Mar 16, 2019 9:14 am
Forum: Personal Finance (Not Investing)
Topic: Amica hiked my insurance, thoughts on alternatives?
Replies: 48
Views: 3742

Re: Amica hiked my insurance, thoughts on alternatives?

Try USAA, Amica and USAA consistently have the best customer service and claims process in the industry.
by wootwoot
Thu Mar 14, 2019 1:57 pm
Forum: Investing - Theory, News & General
Topic: So what happened to the predicted bear market in bonds?
Replies: 47
Views: 4421

Re: So what happened to the predicted bear market in bonds?

For several years all the so called "experts" were warning to keep durations short because intermediate and long term bonds were going to get crushed. Right now the 10-year Treasury has a lower yield than it did in during the "taper tantrum" of 2013, before the Fed even made a move with interest ra...
by wootwoot
Tue Mar 12, 2019 9:55 pm
Forum: Investing - Theory, News & General
Topic: What theory has changed, since you last took Economics/Finance courses in college?
Replies: 69
Views: 5366

Re: What theory has changed, since you last took Economics/Finance courses in college?

Socialism. When I was in college we were taught in economics that Socialism wasn't practical and didn't work. The invisible hand theory provided the best benefits to society. Nowadays free markets are frowned upon and Socialism is being taught as a viable economic theory.
by wootwoot
Tue Mar 12, 2019 9:52 pm
Forum: Personal Consumer Issues
Topic: Yet another chronic defect with the 2017-18 Honda CRV
Replies: 21
Views: 5532

Re: Yet another chronic defect with the 2017-18 Honda CRV

OP is every issue you have with your CRV a "chronic" issue and deserving of a new thread?
by wootwoot
Tue Mar 12, 2019 12:09 am
Forum: Personal Consumer Issues
Topic: Best Car Values
Replies: 155
Views: 10688

Re: Best Car Values

Can someone articulate what the great new safety features are? A few have been mentioned in this thread but they don't seem like major breakthroughs like airbags or anti-lock breaks. Are the new safety features practical and do they really improve safety as much as claimed?
by wootwoot
Mon Mar 11, 2019 2:55 pm
Forum: Personal Investments
Topic: Time to buy Boeing?
Replies: 74
Views: 6885

Re: Time to buy Boeing?

Buy buy buy.
by wootwoot
Mon Mar 11, 2019 9:29 am
Forum: Personal Investments
Topic: Robo advisors!
Replies: 38
Views: 3150

Re: Robo advisors!

We are doing the same via Acorns and M1 Finance. Each account is automatically funded with a portion of our gig economy income and represent a very small portion of our investments simply as a side boost to our regular savings and income. They are both a hands off, passive investing platform, autom...
by wootwoot
Sun Mar 10, 2019 4:04 pm
Forum: Personal Finance (Not Investing)
Topic: Will and trust....software or attorney?
Replies: 41
Views: 3068

Re: Will and trust....software or attorney?

Software unless you have a complicated situation.
by wootwoot
Sun Mar 10, 2019 3:45 pm
Forum: Personal Investments
Topic: Robo advisors!
Replies: 38
Views: 3150

Re: Robo advisors!

If you are interested in Robo investing I suggest you read the Robo Report. https://backendbenchmarking.com/the-robo-report/ I currently have two accounts at Robo accounts, at Schwab and Fidelity. I figured I'd give them a try with a small amount and see how they perform over the long term. We are ...