Search found 2919 matches

by 3CT_Paddler
Thu Oct 19, 2017 8:05 am
Forum: Investing - Theory, News & General
Topic: The overselling of international diversification
Replies: 56
Views: 4347

Re: The overselling of international diversification

Several years ago this board was predominantly in support of a global cap-weighted portfolio (after some really good years for international) with many posters strongly advocating that global cap weighting is the only way to go. Now it's almost a 180 here as far as vocal support for a US only equity...
by 3CT_Paddler
Fri Oct 06, 2017 8:30 am
Forum: Personal Consumer Issues
Topic: Too much house? (nervous 1st time buyer)
Replies: 57
Views: 3987

Re: Too much house? (nervous 1st time buyer)

Have you considered a duplex? Depending on where you are in the country, you may find something affordable that gives you a yard and basically covers your mortgage by renting out the other unit. I would not be in a rush to buy a house in the current market unless you are planning on living in the ar...
by 3CT_Paddler
Thu Oct 05, 2017 11:13 am
Forum: Personal Finance (Not Investing)
Topic: How much worth house should one buy?
Replies: 73
Views: 4125

Re: How much worth house should one buy?

The number should definitely be less than the bank will loan you.

Dave Ramsey has a good rule of thumb... PITI less than 25% of your net pay (post-tax).
by 3CT_Paddler
Fri Sep 29, 2017 11:12 am
Forum: Investing - Theory, News & General
Topic: Which is better a Cryptocurrency or Gold?
Replies: 99
Views: 6146

Re: Which is better a Cryptocurrency or Gold?

In a true disaster scenario in the US (think nuclear war or total economic meltdown) would you rather be holding on to something that depends on access with the outside world and technology or something that people see as intrinsically valuable and rare? Guns, ammo, food supplies and water are your...
by 3CT_Paddler
Fri Sep 29, 2017 8:06 am
Forum: Investing - Theory, News & General
Topic: Which is better a Cryptocurrency or Gold?
Replies: 99
Views: 6146

Re: Which is better a Cryptocurrency or Gold?

In a true disaster scenario in the US (think nuclear war or total economic meltdown) would you rather be holding on to something that depends on access with the outside world and technology or something that people see as intrinsically valuable and rare? Guns, ammo, food supplies and water are your...
by 3CT_Paddler
Thu Sep 28, 2017 7:13 am
Forum: Investing - Theory, News & General
Topic: Which is better a Cryptocurrency or Gold?
Replies: 99
Views: 6146

Re: Which is better a Cryptocurrency or Gold?

Which is better at potentially earning a high return (and also potentially losing it all)? Definitely Bitcoin. Remember though that Bitcoin doesn't have a patent on the technology... it has the advantage of being first to the party with its name, but if somebody comes along with something that is a ...
by 3CT_Paddler
Sun Jul 16, 2017 8:11 pm
Forum: Personal Consumer Issues
Topic: Anyone have a second home in The NC mountains?
Replies: 25
Views: 3130

Re: Anyone have a second home in The NC mountains?

We have relatives in Waynesville. It's a little slice of heaven. Lots of great hiking nearby, and the town is big enough that you don't feel like you are in the boondocks. Asheville is 45 minutes away, and Atlanta is 3 hours away. That area stretching into Tennessee is a great place to retire IMO.
by 3CT_Paddler
Sun Jul 16, 2017 3:05 pm
Forum: Personal Finance (Not Investing)
Topic: Finance Q for those that have gone through Divorce
Replies: 38
Views: 3323

Re: Finance Q for those that have gone through Divorce

It sounds like you are thinking about presenting an offer close to the time that you tell her the news. I think that is a big mistake if that is what you are thinking. She will need time to process this emotionally, and it will likely blow up in your face if it comes across as rushed or like you are...
by 3CT_Paddler
Sat Jul 15, 2017 7:59 am
Forum: Personal Finance (Not Investing)
Topic: What am I missing here? [I'm a bachelor]
Replies: 51
Views: 3680

Re: What am I missing here? [I'm a bachelor]

You are missing the fact that you haven't actually compared two equivalent properties, one to rent and one to buy. Whatever you are paying in principle is going back into your own pocket. How does the monthly payment of interest (subtract principle), taxes, and estimated maintenance compare to the r...
by 3CT_Paddler
Sun Jul 09, 2017 6:35 pm
Forum: Investing - Theory, News & General
Topic: Dave Ramsey's advice on investing?
Replies: 57
Views: 4922

Re: Dave Ramsey's advice on investing?

It has all been said. He gives great personal finance advice but a lot of people don't care at all for his investment advice, including myself. He pushes advisors that make money selling you front loaded funds. I don't think his personal finance advice is good. He preaches extreme debt aversion ins...
by 3CT_Paddler
Sun Jul 09, 2017 5:42 pm
Forum: Investing - Theory, News & General
Topic: Dave Ramsey's advice on investing?
Replies: 57
Views: 4922

Re: Dave Ramsey's advice on investing?

This is a common topic. The general takeaway from those who support his approach to debt is that his investing advice is very flawed. I don't think Ramsey is doing it to make an extra buck... I think he believes that like many service businesses, you get what you pay for.
by 3CT_Paddler
Tue Jul 04, 2017 10:32 am
Forum: Personal Finance (Not Investing)
Topic: Commercial Office Building with 12 Tenants
Replies: 19
Views: 2050

Re: Commercial Office Building with 12 Tenants

What is the breakdown on those expenses? They seem really high.

Whether or not it is a good buy is also dependent on the area as others mentioned. How limited are other commercial rental options and what are the general economic prospects of the area?
by 3CT_Paddler
Thu Jun 29, 2017 11:04 pm
Forum: Investing - Theory, News & General
Topic: Why is it ok to avoid Chinese A Shares?
Replies: 41
Views: 2883

Re: Why is it ok to avoid Chinese A Shares?

If China does not extend its own people basic freedoms, and still jails people if for no reason other than they disagree with the government or practice a religion, what chance do you think there is that they will let foreign investors exert real influence on their capital markets without control fr...
by 3CT_Paddler
Thu Jun 29, 2017 1:39 pm
Forum: Investing - Theory, News & General
Topic: Does Jack Bogle have a conundrum on his hands?
Replies: 63
Views: 4756

Re: Does Jack Bogle have a conflict of interest?

Does Bogle have a personal stake when he advocates for index investing?... Absolutely! Source? He is not employed by Vanguard and Vanguard is owned by its shareholders (the funds, which are themselves owned by fund shareholders). What specifically is his personal stake? IMO this gets to the heart o...
by 3CT_Paddler
Thu Jun 29, 2017 1:01 pm
Forum: Investing - Theory, News & General
Topic: Does Jack Bogle have a conundrum on his hands?
Replies: 63
Views: 4756

Re: Does Jack Bogle have a conflict of interest?

Merriman's arguments about the S&P 500 are at best misguided, and at worst deceitful marketing. Bogle has stated time and time again the reasons for the S&P 500 being a great choice (represents large portion of US stock market at low cost) while also advocating for TSM. And he has made the case coun...
by 3CT_Paddler
Tue Jun 27, 2017 11:04 am
Forum: Personal Finance (Not Investing)
Topic: Where to find a financially like-minded significant other?
Replies: 140
Views: 9584

Re: Where to find a financially like-minded significant other?

I would recommend the following... 1) Move (Atlanta, Denver, Charlotte, Dallas, Houston, Phoenix, Chicago, etc) - half kidding - Prioritize getting out there every weekend in activities if you stay. 2) Prioritize character over Boglehead knowledge My spouse grew up in a wealthier family, and coming ...
by 3CT_Paddler
Sun Jun 18, 2017 1:52 pm
Forum: Investing - Help with Personal Investments
Topic: Why do we need an emergency fund?
Replies: 70
Views: 4936

Re: Why do we need an emergency fund?

It's a prudent first step for people who don't have much in the way of investments or savings... Which is most people, especially in their 20s. If you have a good cushion in either taxable or retirement accounts then an emergency fund is not a significant need, especially if you have enough in safe ...
by 3CT_Paddler
Wed Jun 14, 2017 11:44 am
Forum: Personal Finance (Not Investing)
Topic: Who takes financial chances and why is this forum so financially conservative?
Replies: 139
Views: 14005

Re: Who takes financial chances and why is this forum so financially conservative?

The responses only reinforce that this forum is financially conservative... that is not a bad thing, but I don't think many people like that label. I think financial/career risk are taking chances on businesses/jobs/careers for which the outcome is very uncertain or there is no roadmap on how to get...
by 3CT_Paddler
Tue Jun 13, 2017 7:22 pm
Forum: Personal Finance (Not Investing)
Topic: Who takes financial chances and why is this forum so financially conservative?
Replies: 139
Views: 14005

Re: Who takes financial chances and why is this forum so financially conservative?

This board naturally has a large contingent of white collar workers who own a significant amount of stocks and bonds. Boglehead investing says little about investing time in real estate or small businesses. Most white collar workers I know are not out there taking big risks. Nothing wrong with it, i...
by 3CT_Paddler
Fri Jun 09, 2017 11:28 am
Forum: Investing - Theory, News & General
Topic: Why does S&P PE ratio matter
Replies: 30
Views: 1943

Re: Why does S&P PE ratio matter

If you reduce your statement to its simplest form, you are asking the question, "Why does it matter how much I pay to own a company and subsequently its earnings?" Earnings is the most important/basic metric we have to assess what you are getting for ownership in a publicly traded business. Let's sa...
by 3CT_Paddler
Thu Jun 01, 2017 11:06 am
Forum: Personal Finance (Not Investing)
Topic: Math help - home prices
Replies: 13
Views: 1223

Re: Math help - home prices

A house in San Jose, CA was purchased for $270k in 1989 and is now estimated to be worth about $1M. I'm calculating a 4.78% annual return over the 28-year period. I can't imagine this being considered a great investment especially after paying interest on the mortgage, insurance, real estate taxes,...
by 3CT_Paddler
Wed May 31, 2017 7:14 am
Forum: Investing - Theory, News & General
Topic: DON'T pay off your mortgage; instead reduce Sequence of Return Risk
Replies: 206
Views: 17650

Re: DON'T pay off your mortgage; instead reduce Sequence of Return Risk

The math is simple. If we believe in even some historical precedent you are much better off not paying down a low interest rate debt that also provides a tax deduction compared to investing in your predetermined asset allocation. We as bogleheads preach staying the course and not using emotion to m...
by 3CT_Paddler
Sun May 28, 2017 12:55 pm
Forum: Personal Consumer Issues
Topic: Retiring in southern college town
Replies: 78
Views: 6607

Re: Retiring in southern college town

I wouldn't call Charleston a college town, but it is definitely a melting pot of people from all over. Lots of retirees from the Midwest and NE. Traffic has gotten progressively worse, and housing prices are relatively high. If you are looking at Charleston, you should also consider Savannah. I woul...
by 3CT_Paddler
Fri May 26, 2017 2:22 pm
Forum: Investing - Theory, News & General
Topic: Great Depression Lesson - Is Total Bond Market Too Risky?
Replies: 28
Views: 5072

Re: Great Depression Lesson - Is Total Bond Market Too Risky?

I know Larry Swedroe has often advocated for shorter term high quality (aka Treasury) bonds. Basically take your risk on the equity side, as the premiums are better compensated. And with higher quality bonds, maybe you can inch your portfolio more towards stocks. The difficulty of the past almost 15...
by 3CT_Paddler
Tue May 23, 2017 9:46 am
Forum: Investing - Help with Personal Investments
Topic: Yet Another Real Estate vs Stock Market Thread
Replies: 44
Views: 4295

Re: Yet Another Real Estate vs Stock Market Thread

A 4-unit in any decent area of California would be about 1.5 to 3 million dollars and up. Which is why its riskier to invest in rentals in expensive markets like San Francisco, LA, DC, Seattle, New York, etc. You are banking on appreciation for return. Whereas in a lot of other markets, cap rates a...
by 3CT_Paddler
Fri May 19, 2017 8:03 am
Forum: Investing - Help with Personal Investments
Topic: I am a huge believer in Passive Indexing.. but.....
Replies: 42
Views: 3748

Re: I am a huge believer in Passive Indexing.. but.....

OP You have been playing with "fun" money during a bull market. The circumstances which have blessed your picks will change drastically during a bear market. Remember you have the fun money because you are a passive investor not because you are a genious at picking stocks during a bull ma...
by 3CT_Paddler
Fri May 05, 2017 1:42 pm
Forum: Investing - Theory, News & General
Topic: Buffett/IBM
Replies: 73
Views: 6775

Re: Buffett/IBM

So....nobody likes the outlook (pardon the pun) of IBM? If anything this feels like a buy low opportunity for me. 20 straight quarters of revenue decline with a business model that is heavily tied to the cloud, where other cloud competitors (AWS-Amazon, Azure-Microsoft, Google) are far superior opt...
by 3CT_Paddler
Wed May 03, 2017 8:28 am
Forum: Personal Consumer Issues
Topic: Where to Live on $60K or Less a Year?
Replies: 248
Views: 29600

Re: Where to Live on $60K or Less a Year?

Why not start with a couple vacations to narrow down your list? I would recommend taking a closer look at Asheville (and surrounding areas like Waynesville), Greenville, Spartanburg, Athens, Knoxville, Chattanooga, and Anderson (SC).
by 3CT_Paddler
Tue Apr 25, 2017 8:24 am
Forum: Investing - Help with Personal Investments
Topic: Why is Real-Estate so Bad?
Replies: 113
Views: 10484

Re: Why is Real-Estate so Bad?

If you purchased prior to the last 4 years, it was a good time to purchase rental real estate (outside of the bubblicious 2002-2007 market). The required sweat equity and lack of diversification are real concerns, but the income per dollar invested that can be generated from real estate is much more...
by 3CT_Paddler
Wed Apr 05, 2017 8:58 pm
Forum: Personal Consumer Issues
Topic: How best to handle disrespectful employee?
Replies: 40
Views: 4015

Re: How best to handle disrespectful employee?

Have him be present for one of the clients going through the on boarding process... Let him actual see how it impacts others.
by 3CT_Paddler
Tue Apr 04, 2017 7:33 am
Forum: Investing - Theory, News & General
Topic: I don't want to retire until another bear market
Replies: 40
Views: 6419

Re: I don't want to retire until another bear market

Cut your portfolio in half and look at a 3% withdrawal rate... Can you still retire in a year? If you can, then don't sweat it.
by 3CT_Paddler
Mon Apr 03, 2017 12:02 pm
Forum: Personal Finance (Not Investing)
Topic: Young-ish bogleheads: How much (if any) social security do you expect in retirement?
Replies: 88
Views: 5389

Re: Young-ish bogleheads: How much (if any) social security do you expect in retirement?

Let's go to the source shall we? m What does it say? How many times is the word "trust" used in the document? What does the table say about the general fund? These misconceptions of where funds come from/go to really need to stop. This is the primary reason why folks have no trust or beli...
by 3CT_Paddler
Tue Feb 21, 2017 4:18 pm
Forum: Personal Consumer Issues
Topic: Which puppy to buy: golden retriever or labrador retriever?
Replies: 120
Views: 8533

Re: Which puppy to buy: golden retriever or labrador retriever?

Golden/lab mix as another poster suggested. See my avatar for our chocolate lab/golden retriever mix as a puppy. Sweet dog (shedding is the biggest downside), and great with the kids.
by 3CT_Paddler
Thu Feb 16, 2017 3:23 pm
Forum: Personal Finance (Not Investing)
Topic: What's the secret to happiness?
Replies: 39
Views: 3290

Re: What's the secret to happiness?

Some have suggested that the pursuit of happiness as your primary end goal will only lead to unhappiness. http://www.huffingtonpost.com/todd-kashdan/whats-wrong-with-happines_b_740518.html Thankfully, a few scientists started to study this phenomena. What they found is that as people place more impo...
by 3CT_Paddler
Wed Jan 11, 2017 2:18 pm
Forum: Investing - Theory, News & General
Topic: How Bad was 2008, really?
Replies: 224
Views: 20864

Re: How Bad was 2008, really?

The fear and uncertainty you feel from a real financial panic cannot be sufficiently communicated with a couple sentences. I can tell you about the best apple pie ever, but until you experience it, it won't hit home for you. 2008 was less about the losses in your portfolio (unless you are holding mo...
by 3CT_Paddler
Sat Dec 17, 2016 7:11 pm
Forum: Personal Finance (Not Investing)
Topic: Need Help: Drowning in Debt
Replies: 60
Views: 6793

Re: Need Help: Drowning in Debt

As Ramsey would say, good news is you have a big shovel to dig with. Private school should be cut. Agree with others that you could rent in a better school district. That choice alone would give you serious additional cash flow. Start with the credit card debt and auto loans. Is your wife on board? ...
by 3CT_Paddler
Mon Dec 05, 2016 12:56 pm
Forum: Investing - Theory, News & General
Topic: Theoretical high returns unsustainable?
Replies: 22
Views: 2730

Re: Theoretical high returns unsustainable?

My former CEO (a brilliant engineer) always said that "most" natural world systems were dominate by natural log (log e). Heat up rates in ovens, velocity curves, even the growth of lawn grass. The same thing will happen here - it is an interesting thought experiment but in the real world ...
by 3CT_Paddler
Mon Nov 14, 2016 6:00 pm
Forum: Personal Finance (Not Investing)
Topic: How much is business worth?
Replies: 49
Views: 5350

Re: How much is business worth?

So I think the evaluation needs to push the pay back period out a little to say 5-10 years, assume 50k for owner labor and 50k profit with a valuation of 250k - 500k. Nissan, you need to step back and think about what you are proposing a little more objectively. On the high side, you are proposing ...
by 3CT_Paddler
Thu Jul 28, 2016 4:53 pm
Forum: Investing - Theory, News & General
Topic: Dividend stocks or real estate rental
Replies: 51
Views: 3651

Re: Dividend stocks or real estate rental

Real estate has a personal time component that stocks don't, and both real estate and stocks in general are at a premium compared to five years ago. That was a great time to be an investor in rental real estate. I prefer commercial rentals to home rentals... as others pointed out that with homes you...
by 3CT_Paddler
Thu Jul 21, 2016 7:43 pm
Forum: Investing - Help with Personal Investments
Topic: Just got back from Europe...ready to sell my International...
Replies: 82
Views: 11016

Re: Just got back from Europe...ready to sell my International...

I agree that current conditions and future prospects are baked into stock prices, but that doesn't mean the market is perfect or all knowing. It's the best we have, but it isn't perfect. Days before the BREXIT vote, the market was clearly pointing to a stay vote. The market was dead wrong on that on...
by 3CT_Paddler
Sun Jun 26, 2016 7:23 am
Forum: Personal Consumer Issues
Topic: Southeast coast beach cities for raising a family
Replies: 29
Views: 2747

Re: Southeast coast beach cities for raising a family

Areas that may fit the bill are Charleston, Savannah, Asheville, Tampa, Tallahassee, Orlando, Greenville and Atlanta. I grew up in Charleston and still have family there. I love the area, but I wouldn't say it is a great area to raise a family today. Outside of expensive areas on James Island or Mou...
by 3CT_Paddler
Sun Jun 26, 2016 7:11 am
Forum: Personal Consumer Issues
Topic: Southeast coast beach cities for raising a family
Replies: 29
Views: 2747

Re: Southeast coast beach cities for raising a family

Perkunas wrote:Coastal NC is 4-6hrs from NC mtns. Good schools still where there is $ ... But also a lot of churches, tacit and overt racism... But the property taxes are low!

Things that don't go together:

Southeast beaches and big hills
Southern towns and progressivism


:confused
by 3CT_Paddler
Sat May 28, 2016 8:15 am
Forum: Personal Finance (Not Investing)
Topic: Rebuilding our house for $1.5M: Bad Idea Financially?
Replies: 91
Views: 9870

Re: Rebuilding our house for $1.5M: Bad Idea Financially?

I would consider doing an 18 month wait and see approach. In 18 months you could save about $800k, and you can do some more due diligence on your options. If you were a doctor or a similar stable high income profession I think it's a no brainer.
by 3CT_Paddler
Sat May 21, 2016 12:30 pm
Forum: Investing - Help with Personal Investments
Topic: How do I invest in artificial intelligence?
Replies: 59
Views: 4879

Re: How do I invest in artificial intelligence?

Companies like Google and IBM seem to be big players in that space, but I think AI is really a marketing term for machine learning. True AI is far from reality, and may not ever be achievable.
by 3CT_Paddler
Fri Feb 12, 2016 1:25 pm
Forum: Investing - Theory, News & General
Topic: Yellen: "We're taking a look at negative interest rates."
Replies: 56
Views: 9152

Re: Yellen: "We're taking a look at negative interest rates."

What happens to the financial system if people believe that they might be charged negative interest for holding funds in a savings account or CD? If enough people come to the conclusion that there is more risk in money in the bank vs in the mattress (or gold), it could go south fast. Nearly all cent...
by 3CT_Paddler
Tue Dec 22, 2015 9:50 pm
Forum: Investing - Help with Personal Investments
Topic: Outraged with John Hancock
Replies: 39
Views: 5879

Re: Outraged with John Hancock

JH compensates their 401k people well, and consequently have very effective salesmen. It's unfortunate that people are stuck with high fees... I hated my previous jh 401k, but I recognize with the current system, the deck is stacked in favor of high fee 401k salesmen at smaller companies.
by 3CT_Paddler
Sun Oct 25, 2015 11:22 am
Forum: Investing - Theory, News & General
Topic: Will China Save the World Economy?
Replies: 11
Views: 1247

Re: Will China Save the World Economy?

It looks like the chart is just picking the top 10 countries, and then representing their % of global growth... The fact that it doesn't add up to 100% doesn't make it wrong. China is quite a story... One of my favorite books is Age of Ambition about China's recent rise to power. It does make you wo...
by 3CT_Paddler
Wed Oct 21, 2015 6:25 am
Forum: Personal Consumer Issues
Topic: Any books really change your outlook on life?
Replies: 317
Views: 51618

Re: Any books really change your outlook on life?

After researching the Bibles critics & criticisms, after having completed over 15 yrs of "religious" schooling, I've concluded its unreliable, rewritten many times fostering its unreliability and written by those with world agenda driven motives. That aside, I've read, studied and end...
by 3CT_Paddler
Fri Sep 11, 2015 8:05 am
Forum: Personal Finance (Not Investing)
Topic: Post your current employer retirement plan! (if any)
Replies: 94
Views: 11232

Re: Post your current employer retirement plan! (if any)

Don't have time for all the other extra info, but its worth sharing and a world better than my previous firm... Annual revenue - about $400 million (A&E firm). Base 100% match on first 4%, with an additional 6-12% contributed to employee's account from firm (no match required ) Overall low fees ...
by 3CT_Paddler
Mon Sep 07, 2015 2:06 pm
Forum: Investing - Theory, News & General
Topic: Ray Dalio: "if you don't own gold you don't know history or economics"
Replies: 22
Views: 2560

Re: Ray Dalio: "if you don't own gold you don't know history or economics"

toto238 wrote:What's funny is that the only times Gold can ever overcome these massive problems is when a government adopts it and legitimizes it.


That wasn't the case in Zimbabwe recently.