Search found 20 matches

by MidwestMike
Tue Nov 21, 2017 9:38 am
Forum: Investing - Help with Personal Investments
Topic: BOTZ ETF
Replies: 6
Views: 527

Re: BOTZ ETF

arcticpineapplecorp. wrote:
Mon Nov 20, 2017 2:27 pm
I know it's a small portion of your portfolio, so there's no real harm. But then is there any real benefit either?
It's just my funny money to play with.
unclescrooge wrote:
Tue Nov 21, 2017 1:33 am
Was this purchase due to the mother Jones article that came out recently?
No.
by MidwestMike
Mon Nov 20, 2017 2:11 pm
Forum: Investing - Help with Personal Investments
Topic: BOTZ ETF
Replies: 6
Views: 527

BOTZ ETF

I do not do sector ETFs, okay one. I invested in 100 shares of BOTZ. It’s an AI and robotics ETF. It’s a small fraction of one percent. Thoughts?
by MidwestMike
Thu Nov 16, 2017 9:49 am
Forum: Personal Finance (Not Investing)
Topic: 55+ Early retirement offer.
Replies: 50
Views: 6324

Re: 55+ Early retirement offer.

Let me give you another real example of what could happen. I too retired several years ago after being offered a package. I haven’t looked back and am worth more now than I was then. One of the best decisions I ever made. Another worker from different plant whom I knew as I transferred from that fac...
by MidwestMike
Mon Nov 13, 2017 10:19 pm
Forum: Personal Consumer Issues
Topic: What Book Are You Currently Reading? Part VI
Replies: 2648
Views: 849759

Re: What Book Are You Currently Reading? Part VI

Barry Ritholtz who writes The Big Picture blog wrote some finance recommendations in Bloomberg.

See.
by MidwestMike
Sat Nov 11, 2017 11:32 am
Forum: Investing - Theory, News & General
Topic: The fear of retirement, black swan, and math to dissuade the fear.
Replies: 136
Views: 12710

Re: The fear of retirement, black swan, and math to dissuade the fear.

Instead of an obscure parenthetical related to the catch phrases of his groupies why don't you look at the actual term descriptions used in the book. Start with the table on page 36 that notes that Black Swan distributions are 'totally intractable' (so thus can't have fat tails, or any tails) where...
by MidwestMike
Fri Nov 10, 2017 6:44 pm
Forum: Investing - Theory, News & General
Topic: The fear of retirement, black swan, and math to dissuade the fear.
Replies: 136
Views: 12710

Re: The fear of retirement, black swan, and math to dissuade the fear.

A Black Swan event exhibits a fat-tailed distribution. See. No, black swan events do not have fat-tailed distributions, they have inconclusive distributions. Taleb calls fat-tailed distribution events 'gray swans' - but they are a distinct concept. Mr Taleb disagrees. On page 170 of his book The Bl...
by MidwestMike
Thu Nov 09, 2017 4:26 pm
Forum: Investing - Theory, News & General
Topic: The fear of retirement, black swan, and math to dissuade the fear.
Replies: 136
Views: 12710

Re: The fear of retirement, black swan, and math to dissuade the fear.

A Black Swan event exhibits a fat-tailed distribution. See.

The fall of the hedge fund Long Term Capital Management run by Nobel Award winning quants was caused by their failure to account for such an event. See.
by MidwestMike
Mon Oct 02, 2017 9:22 am
Forum: Personal Finance (Not Investing)
Topic: Go to cash now or in late December when i need the cash
Replies: 28
Views: 2008

Re: Go to cash now or in late December when i need the cash

I have decided (with helpful advice) to take money I need to assist with the down payment, flooring, and blinds from my Brokerage account. I will need around $7500- 10,000 from the account. I can sell now and hold as cash for 3 months, or wait until late December and then go to cash. I know it is c...
by MidwestMike
Wed Sep 27, 2017 12:41 pm
Forum: Personal Consumer Issues
Topic: The Rolex and The Boglehead
Replies: 274
Views: 11718

Re: The Rolex and The Boglehead

What’s a Rolex :?:
by MidwestMike
Sun Sep 10, 2017 2:39 pm
Forum: Personal Finance (Not Investing)
Topic: Who actually buys lottery scratch offs?
Replies: 43
Views: 3011

Re: Who actually buys lottery scratch offs?

Dear Lord, please may I win the lottery.

Meet me halfway Mike, buy a ticket.

NEVER.
by MidwestMike
Tue Aug 29, 2017 11:50 am
Forum: Personal Finance (Not Investing)
Topic: Bad Idea to Have Zero Credit Cards?
Replies: 129
Views: 6524

Re: Bad Idea to Have Zero Credit Cards?

I have exactly one card. It pays 1.75% cash back and it is automatically paid. This does not stop me from exercising discipline in my purchases.
by MidwestMike
Fri Aug 18, 2017 9:16 pm
Forum: Personal Consumer Issues
Topic: Do I have a computer virus?
Replies: 13
Views: 1729

Re: Do I have a computer virus?

Click on your start button and type windows upgrade. Then check your update history. At least it should tell what happened. You can check for upgrades there too. Good luck.
by MidwestMike
Fri Aug 18, 2017 8:33 pm
Forum: Personal Consumer Issues
Topic: WOW Airlines
Replies: 6
Views: 1223

WOW Airlines

Does anyone have any experience flying WOW Airlines from Chicago to Frankfurt, Germany? Thanks.
by MidwestMike
Thu Aug 10, 2017 10:30 am
Forum: Personal Consumer Issues
Topic: Trip Cancellation Insurance.
Replies: 37
Views: 2941

Re: Trip Cancellation Insurance.

Iliketoridemybike wrote:We buy trip insurance if traveling overseas where our health policies do not cover. The trip policies include cancellation insurance. Having seen at least a couple instances of overseas injuries, I HIGHLY recommend trip insurance when traveling abroad.
Please provide a link. Thanks.
by MidwestMike
Mon Aug 07, 2017 11:02 am
Forum: Personal Consumer Issues
Topic: LibreOffice
Replies: 24
Views: 2918

Re: LibreOffice

MidwestMike wrote:I just tried Google Docs on an Excel spreadsheet. I loads OK and shows I'm the owner, but it does not display a toolbar or let me edit. HELP!
Figured it out. Thanks everyone.
by MidwestMike
Mon Aug 07, 2017 10:44 am
Forum: Personal Consumer Issues
Topic: LibreOffice
Replies: 24
Views: 2918

Re: LibreOffice

I just tried Google Docs on an Excel spreadsheet. I loads OK and shows I'm the owner, but it does not display a toolbar or let me edit. HELP!
by MidwestMike
Mon Aug 07, 2017 9:52 am
Forum: Personal Consumer Issues
Topic: LibreOffice
Replies: 24
Views: 2918

LibreOffice

Anyone have any experience installing and using LibreOffice? Is it an adequate replacement for Microsoft Office? Thanks.
by MidwestMike
Mon Aug 07, 2017 9:48 am
Forum: Investing - Help with Personal Investments
Topic: Roth Conversion - Math check
Replies: 22
Views: 1699

Re: Roth Conversion - Math check

Consider your marginal tax rate at retirement. If it is low enough and your withdrawals small enough then keep both your Roth and regular IRAs.
by MidwestMike
Sat Jul 22, 2017 9:39 am
Forum: Investing - Help with Personal Investments
Topic: UK expat looking for a simple three ETF option
Replies: 3
Views: 293

Re: UK expat looking for a simple three ETF option

I have 5 not 3 and all are Vanguard stocks.

60% VTI Total Stock Market
10% VIG Dividend Appreciation
10% VBR Small Cap Value
10% VWO Emerging Markets
10% VXUS International