Search found 229 matches
- Wed Dec 30, 2020 4:06 pm
- Forum: Personal Investments
- Topic: How many years in fixed income if I won the game with 62x yearly expenses
- Replies: 56
- Views: 7352
Re: How many years in fixed income if I won the game with 62x yearly expenses
I like Dr. Bernstein's idea for those who have won the game. 20 or more years of draw down dollars in "safe" fixed income and invest the rest anyway you want -- even 100% equities. You don't need to triple your nest egg -- you need to make sure it fully funds your retirement and legacy wi...
- Mon Dec 28, 2020 10:10 am
- Forum: Non-US Investing
- Topic: I want 15% yearly ROI. How to go about it? [Croatia]
- Replies: 135
- Views: 10597
- Mon Dec 28, 2020 9:33 am
- Forum: Personal Finance (Not Investing)
- Topic: 2020: Lessons learned
- Replies: 237
- Views: 15713
Re: 2020: Lessons learned
The "magic" of compound interest works both ways.
I am trying not to glean too much from a "crash" that lasted for all of 3-4 months. I still have yet to go through a sustained down market.
I am trying not to glean too much from a "crash" that lasted for all of 3-4 months. I still have yet to go through a sustained down market.
- Mon Dec 14, 2020 9:49 pm
- Forum: Personal Consumer Issues
- Topic: Luxury clothes
- Replies: 146
- Views: 10476
- Fri Nov 27, 2020 8:48 pm
- Forum: Personal Investments
- Topic: What do high earners do other than IRA?
- Replies: 40
- Views: 4632
Re: What do high earners do other than IRA?
I currently earn around $60,000. I am in grad school at vegan contributing to a Roth IRA a little over two years ago. I max that at and add a little extra to a taxable account. Both with Vanguard. Anyhow, here’s my question. After I finish grad school I have a job offer well over $200,000 a year. T...
- Wed Oct 28, 2020 12:00 pm
- Forum: Investing - Theory, News & General
- Topic: Anybody here trying Coast FIRE?
- Replies: 317
- Views: 27412
Re: Anybody here trying Coast FIRE?
There is only a moderate set of careers that provide good income...doctors being one. So if you are lucky enough to have a passion for one great! But for most folks, not so much. My kids are looking at college and don't know what they want to be. My son is looking at CRNA (nurse anesthetist) and do...
- Tue Oct 27, 2020 2:05 pm
- Forum: Personal Finance (Not Investing)
- Topic: Using Seller Financing to Sell my Townhome
- Replies: 12
- Views: 726
Re: Using Seller Financing to Sell my Townhome
Would rather rent it out, if it goes down in value, they'll foreclose anyway, so there is nothing but downside to sell it with an IO loan at a high LTV. Edit: do you own this townhouse outright? Yes, we own it outright. I would get $150K down in a sale, so that comes into play in the foreclosure pr...
- Tue Oct 27, 2020 12:20 pm
- Forum: Personal Finance (Not Investing)
- Topic: Using Seller Financing to Sell my Townhome
- Replies: 12
- Views: 726
Re: Using Seller Financing to Sell my Townhome
90% down maybe. All joking aside, why would anyone do this? Perhaps an emergency sale? See comments above. Underwriting standards for "jumbo" loans (jumbo in quotes as the limits are quite low compared to RE values) have drawn increased scrutiny. It isn't an emergency sale but with 2 kids...
- Tue Oct 27, 2020 12:14 pm
- Forum: Personal Finance (Not Investing)
- Topic: Using Seller Financing to Sell my Townhome
- Replies: 12
- Views: 726
Re: Using Seller Financing to Sell my Townhome
If a bank isn't willing to finance this person when they're well diversified, why are you? Obviously a first question that comes to mind. I do know, firsthand, that many banks down in South FL are getting very strict with regards to non-W2 income (1099s for example). That impacts a lot of folks dow...
- Tue Oct 27, 2020 11:57 am
- Forum: Personal Finance (Not Investing)
- Topic: Using Seller Financing to Sell my Townhome
- Replies: 12
- Views: 726
Using Seller Financing to Sell my Townhome
Jumbo loans are hard to come by due to Covid, at least in our market. In order to facilitate a sale of our townhome, our broker has recommended offering interest-only seller financing at higher LTVs. I have a few reservations: I need to pay commissions up front on the sale; I am extending credit to ...
- Mon Oct 19, 2020 6:24 pm
- Forum: Personal Consumer Issues
- Topic: Items that are worth the money for the quality
- Replies: 490
- Views: 41172
- Mon Oct 19, 2020 6:23 pm
- Forum: Personal Consumer Issues
- Topic: Items that are worth the money for the quality
- Replies: 490
- Views: 41172
Re: Items that are worth the money for the quality
Many times Sonos has been mentioned on this thread. Are they really that great? Based on price alone I can't imagine they stand up to the speakers you'd find in a Best Buy Magnolia room.
- Wed Oct 14, 2020 7:54 am
- Forum: Investing - Theory, News & General
- Topic: Which asset class will be the best in the 2020s?
- Replies: 48
- Views: 3099
Re: Which asset class will be the best in the 2020s?
Probably jump-to-conclusion door mats.
- Mon Sep 14, 2020 9:28 am
- Forum: Personal Finance (Not Investing)
- Topic: Share your net worth progression
- Replies: 2397
- Views: 546796
Re: Share your net worth progression
Well done, all. But I wonder how much of these extraordinary wealth progressions is basically owing to windfalls such as raises, inheritances, or sales (and the resultant savings), rather than to index investing (which, at best, grows one's capital at relatively modest rates). I say this as a commi...
- Fri Sep 04, 2020 3:29 pm
- Forum: Personal Finance (Not Investing)
- Topic: Share your net worth progression
- Replies: 2397
- Views: 546796
Re: Share your net worth progression
9/2/2020: $X
9/3/2020: $X minus $97K
9/3/2020: $X minus $97K
- Thu Sep 03, 2020 12:03 pm
- Forum: Investing - Theory, News & General
- Topic: Bear Cub Smells Bubble
- Replies: 406
- Views: 30316
Re: Bear Cub Smells Bubble
I sold FB today, in at 260 just a couple of weeks ago, out at 295 today. Still holding AAPL and ZM. Sold AAPL and ZM today. Didn't quite make the peak, but still made 10% on AAPL and 20% on ZM for a few days of holding them. So back to 100% cash. What's your long term strategy here? Sell stocks aft...
- Fri Jul 24, 2020 9:11 pm
- Forum: Personal Consumer Issues
- Topic: Buying a Smoker
- Replies: 154
- Views: 13538
Re: Buying a Smoker
My 2 cents. I have owned an electric smoker for 5 years now. I own a smoker from SmokinIt (https://www.smokin-it.com/Default.asp) . I use it at least once per month. I have refined my smoking process down over time and use my own rubs, finishing sauces, etc. I own the number 2 model, which can smok...
- Fri Jul 24, 2020 9:07 pm
- Forum: Personal Consumer Issues
- Topic: What Book Are You Currently Reading? Part VI
- Replies: 4911
- Views: 1308707
- Thu Jun 18, 2020 1:35 pm
- Forum: Personal Consumer Issues
- Topic: Daycare - paying to hold a spot
- Replies: 45
- Views: 3188
Re: Daycare - paying to hold a spot
I'm guessing you both have not tried to carry on professional jobs with infants and toddlers in the background, including Zoom calls with clients, interview panels, employee performance reviews, and deadlines for a report to the CEO. Infants and toddlers aren't very good about staying asleep while ...
- Wed Jun 10, 2020 9:27 pm
- Forum: Investing - Theory, News & General
- Topic: Did the abrupt recovery create a false sense of security?
- Replies: 33
- Views: 2684
Re: Did the abrupt recovery create a false sense of security?
Yes, I think it did. As well as the short sharp shock at the end of 2018. But of course I tend to be pessimistic. Thank you. This is the first comment that is actually responsive to my post, which was essentially asking the question “was the February/ March drop a *real* test of investors’ resolve?”.
- Wed Jun 10, 2020 4:51 pm
- Forum: Investing - Theory, News & General
- Topic: Did the abrupt recovery create a false sense of security?
- Replies: 33
- Views: 2684
Did the abrupt recovery create a false sense of security?
There's been quite a few risk tolerance / asset allocation posts lately. Some folks clearly were spooked by the sudden drop and others, including myself, saw it as a time to rebalance (or over-rebalance) into equities. I aggressively rebalanced all the way down and put a significant amount of new mo...
- Fri Jun 05, 2020 11:35 am
- Forum: Personal Consumer Issues
- Topic: Tips to stick to a weight loss diet?
- Replies: 256
- Views: 16420
Re: Tips to stick to a weight loss diet?
What has worked for me personally is cutting out carbs (with a concomitant increase in fat intake). AKA keto. This has allowed me to eat as much as I want without thinking about calories and I always feel satiated, full, and energetic. And my blood test numbers all improved. unfortunately the cost ...
- Fri May 29, 2020 8:32 am
- Forum: Investing - Theory, News & General
- Topic: “WHEN YOU'VE WON the game, stop playing with the money you really need.”
- Replies: 233
- Views: 20095
Re: “WHEN YOU'VE WON the game, stop playing with the money you really need.”
If you need $30,000 a year for 30 years you should have $900,000 in safe money. Nobody knows how much money they will need in the future. It is a ridiculous assumption that has no place in retirement planning. When you talk to actual retirees -- as the Society of Actuaries has done with their Commi...
- Wed May 27, 2020 7:48 am
- Forum: Investing - Theory, News & General
- Topic: Anybody do any GOOD timing the market?
- Replies: 123
- Views: 8454
Re: Anybody do any GOOD timing the market?
I don't know if I believe half of what they claim on that site but they are a hilarious lot for sure.whodidntante wrote: ↑Mon May 25, 2020 2:50 pm
I like to think the "bear gang" on WSB bought my puts.Some of you know what that means. Oh well, maybe they'll get me next time. I shouldn't play results.
- Wed May 13, 2020 8:16 am
- Forum: Personal Consumer Issues
- Topic: What are you listening to now
- Replies: 1296
- Views: 77396
Re: What are you listening to now
Tool's Lateralus album.
I completely missed this one when I was in college.
I completely missed this one when I was in college.
- Wed Apr 29, 2020 7:49 pm
- Forum: Personal Consumer Issues
- Topic: Best watch for around $5,000? [Archived]
- Replies: 1479
- Views: 326801
Re: Best watch for around $5,000?
Like many other posts on here, this is anecdotal. BUT, in 2010 I was part of a small team that closed a large investment commitment with a fund manager. We committed to invest $300mm with one specific manager. when the deal closed, 5 of us on the deal team received "Kermit green" submarine...
- Wed Mar 25, 2020 4:05 pm
- Forum: Personal Investments
- Topic: Why not stand on the sidelines for a little while?
- Replies: 302
- Views: 14960
Re: Why not stand on the sidelines for a little while?
Do it and let us know how much money you lost by being on sidelines for 9 months :-) To quantify: loss of dividend income (except, well, nobody's gonna pay dividends), plus 9 months of destruction of the value of the cash pile by inflation. So I'm more or less locking in a 2% loss for 9 months. Rig...
- Tue Mar 17, 2020 7:59 pm
- Forum: Investing - Theory, News & General
- Topic: Deploying your emergency fund to buy stocks? Think again.
- Replies: 187
- Views: 30957
Re: Deploying your emergency fund to buy stocks? Think again.
I personally think this thread is a strawman argument. Is anyone really advocating taking 3-12 months of their living expenses kept in liquid money and putting it into stocks? +1000, x2, etc. It's common sense that one shouldn't touch a "true" emergency fund. What oftentimes happens when ...
- Mon Mar 16, 2020 2:48 pm
- Forum: Investing - Theory, News & General
- Topic: Are stocks on sale?
- Replies: 88
- Views: 4548
Re: Are stocks on sale?
I do acknowledge that stocks are worth less than 30 days ago, but stocks purchased today will be worth more in the future than stocks purchased 30 days ago. Stocks purchased today will be worth the exact same at a particular time in the future as shares bought any other time. The issue is we know, ...
- Sun Mar 15, 2020 8:32 pm
- Forum: Investing - Theory, News & General
- Topic: So.... is this really "it"? Is this what we needed to mentally prepare for?
- Replies: 158
- Views: 14617
Re: So.... is this really "it"? Is this what we needed to mentally prepare for?
Or 120% down. That's what i am waiting for before i buy back in.jpmorganfunds wrote: ↑Fri Mar 13, 2020 10:47 pmWait til the market goes down 60%.TheBogleWay wrote: ↑Fri Mar 13, 2020 10:01 pm Here we are, I've lost maybe 20% of my net worth in ~45 days. I've lost upwards of $300,000 on paper.
- Sun Mar 15, 2020 8:26 pm
- Forum: Investing - Theory, News & General
- Topic: Fed Slashes Rates to Fight Coronavirus Slowdown WSJ 3/15/20
- Replies: 396
- Views: 20925
Re: Fed Slashes Rates to Fight Coronavirus Slowdown WSJ 3/15/20
Goldman is warning the S&P 500 could drop another 25% from here. Link? https://www.bloomberg.com/news/articles/2020-03-15/goldman-sachs-warns-s-p-500-might-not-bottom-until-2-000 The firm’s U.S. chief equity strategist, David Kostin, says the S&P 500 will likely head back down by almost 10%...
- Sun Mar 15, 2020 7:22 pm
- Forum: Investing - Theory, News & General
- Topic: Wall Street Journal article: blood in the streets
- Replies: 10
- Views: 1588
Re: Wall Street Journal article: blood in the streets
WSJ: investors pulling funds out of the market at near record rates, and it is likely going to accelerate (the latter is just my guess). Which means that stocks are going to continue to drop. If "Investors are bailing on stock funds" are who's on the other side of the trade? (Hegefunds, l...
- Tue Mar 10, 2020 3:14 pm
- Forum: Investing - Theory, News & General
- Topic: Are any early accumulators thankful for the current correction?
- Replies: 185
- Views: 10487
Re: Are any early accumulators thankful for the current correction?
We were going to use some of our cash to keep all of our employees through any recession. But the folks here who are excited (another thread) or thankful for the unfolding economic distress have convinced me to keep all of our cash and start laying off employees. Start with the new guys? What do yo...
- Mon Mar 09, 2020 7:47 pm
- Forum: Investing - Theory, News & General
- Topic: "If you were happy to buy it then" fallacy
- Replies: 64
- Views: 4210
Re: "If you were happy to buy it then" fallacy
The part I am trying to flesh out is not that one shouldn’t expect volatility or that one should expect constant and steady appreciation, but rather that there’s something actually wrong in thinking that the price could go back to any point in time and that’s fine. Two years is arbitrary as the exa...
- Wed Feb 26, 2020 9:13 pm
- Forum: Personal Investments
- Topic: What did you learn from the 2/24 sell off?
- Replies: 327
- Views: 22757
Re: What did you learn from the 2/24 sell off?
I learned what it feels like to see your investments increase during a bull market and then get pummeled in a couple days. i was reminded the stock market takes the stairs up and the elevator down. I was reminded that a 3% drop cost me the same as a TSLA model 3. I was reminded that basic algebra ca...
- Wed Feb 12, 2020 7:46 pm
- Forum: Investing - Theory, News & General
- Topic: Hedonic Clock
- Replies: 94
- Views: 8320
Re: Hedonic Clock
Maybe this will be a controversial answer to many, but I have never understood a few aspects of the FIRE movement. It seems that some of us, at least, find careers that we are happy with, that we invest substantial parts of our energy and commitment in with some joy, and that we don’t pursue solely...
- Mon Feb 10, 2020 9:34 pm
- Forum: Personal Finance (Not Investing)
- Topic: How much money do you want to retire?
- Replies: 1367
- Views: 183218
Re: How much money do you want to retire?
Let's flip this around: I am 40 years old. My wife is 37 years old. Between cash, stocks and bonds I have $2.6mm saved. By the end of 2020 I expect that to be close to $3.4mm. I am in a high-earning phase. My wife makes $225K per year with salary and bonus combined. She already has $1.0mm saved. By ...
- Fri Feb 07, 2020 11:32 pm
- Forum: Personal Investments
- Topic: When does Asset Allocation start to matter?
- Replies: 48
- Views: 2782
Re: When does Asset Allocation start to matter?
OP, It always matters. It is always wrong to be 100/0. The market could go down and you could be unemployed. After spending your emergency fund, you will be spending your portfolio. At 100/0 and a small portfolio, you may run out of money before the recovery. How long can you last if you are unempl...
- Sun Feb 02, 2020 9:19 pm
- Forum: Personal Finance (Not Investing)
- Topic: $3 million the new rule of thumb?
- Replies: 653
- Views: 52665
Re: $3 million the new rule of thumb?
Essentially, the financial planner quoted in the article says that retirees should expect to need $120K a year from their retirement savings, If you are going to enjoy a simple but comfortable life then you can get by easily on $30K/yr. $3 million is so ridiculous it's not even funny My property ta...
- Thu Jan 02, 2020 2:28 pm
- Forum: Investing - Theory, News & General
- Topic: $1 in 2010 = $90,000 in Bitcoin 2020
- Replies: 62
- Views: 5767
Re: $1 in 2010 = $90,000 in Bitcoin 2020
only two days in, too soon. we'll make sure to include it in the finalists at the end of the year.saintsfan342000 wrote: ↑Thu Jan 02, 2020 12:55 pmPost of the year.HEDGEFUNDIE wrote: ↑Thu Jan 02, 2020 12:05 pm I like to stick to more rational investments like 3x leveraged ETFs.
- Tue Dec 31, 2019 9:08 pm
- Forum: Personal Finance (Not Investing)
- Topic: How much were you able to save this year?
- Replies: 142
- Views: 11404
Re: How much were you able to save this year?
another brag thread :D ..I'll bite, over 53% on under $170k combined income, all in tax deferred accounts. Seconded. DH 40, DW 36 dual income household, one child, one on the way. i don't keep track but personal capital does. It says we saved ~$375K this year. i am not 100% on what our combined gro...
- Mon Dec 30, 2019 9:38 pm
- Forum: Personal Finance (Not Investing)
- Topic: White Coat Investor: Enough is Enough!
- Replies: 289
- Views: 31707
Re: White Coat Investor: Enough is Enough!
OK.I'm afraid that you have completely misunderstood why he or anyone else gives to others. It is certainly not to get a tax break. Giving away $1 for no other reason than to save 12 cents would be foolish.
- Mon Dec 30, 2019 9:22 pm
- Forum: Personal Finance (Not Investing)
- Topic: White Coat Investor: Enough is Enough!
- Replies: 289
- Views: 31707
Re: White Coat Investor: Enough is Enough!
Jim Dahle of the White Coat Investor reposted a very good blog post from 2012 with some updates today. Basically, it lays out what makes someone a 'compulsive saver' (e.g. spending money is literally painful, cannot fully enjoy activities that cost money) and tries to lay out ways that such a perso...
- Mon Dec 30, 2019 8:34 pm
- Forum: Investing - Theory, News & General
- Topic: Barron's Cover article--Vanguard Led the Way for Decades. Now It’s Playing Catch-Up.
- Replies: 142
- Views: 14006
Re: Barron's Cover article--Vanguard Led the Way for Decades. Now It’s Playing Catch-Up.
Dale I respect what you say but in this day and age .... companies need to provide superb customer service and 24/7 around the clock ... it is the norm and what is expected. Vanguard is infamous here for their poor service and there is no excuse for keep that poor service for the sake of nostalgia....
- Sat Dec 28, 2019 8:40 pm
- Forum: Personal Consumer Issues
- Topic: Best holiday gift you gave this year
- Replies: 40
- Views: 3420
Re: Best holiday gift you gave this year
For me, the answer is clear, the Ravensburger 3-d puzzle Earth globe . Amazon is currently selling it at $48, but CamelCamelCamel shows lots of price variability, ranging from $17 to $50 in the last year. (I was fortunate enough to get it at $20.) My two young adult daughters had a blast collaborat...
- Sat Dec 28, 2019 8:37 pm
- Forum: Personal Consumer Issues
- Topic: Best holiday gift you gave this year
- Replies: 40
- Views: 3420
Re: Best holiday gift you gave this year
Get out.tvubpwcisla wrote: ↑Fri Dec 27, 2019 8:43 am The best holiday gift is a broken drum, you just can't beat it!
- Tue Dec 24, 2019 10:27 pm
- Forum: Personal Consumer Issues
- Topic: In search of a dishwasher that dries plastics well...
- Replies: 80
- Views: 4926
Re: In search of a dishwasher that dries plastics well...
A lower cost option versus the Miele is Samsung. We bought a model that opens slightly when done and runs a fan to move air. Still get some water on top of plastic but it does help considerably. For the love of all that is holy, please don't buy a Samsung. We redid our kitchen 4 years ago and went ...
- Fri Dec 20, 2019 8:53 pm
- Forum: Investing - Theory, News & General
- Topic: [Why did my fund suddenly drop in value?]
- Replies: 252
- Views: 286343
Re: [Why did my fund suddenly drop in value?]
i get that the fund drops when the dividend is paid. but...why would a small cap fund like SWSSX fall 5% overnight. It doesn't pay anywhere near a 5% dividend yield?
- Tue Nov 26, 2019 6:39 pm
- Forum: Personal Finance (Not Investing)
- Topic: What's your FIRECALC number?
- Replies: 58
- Views: 8685
Re: What's your FIRECALC number?
100% and even then I view it with skepticism because it can only be backwards looking True. I'm waiting expectantly for the enhancement which uses future performance on a year by year basis with a breakdown on best performing funds so I can know how to reallocate annually. Once paired with our futu...
- Fri Nov 22, 2019 4:20 pm
- Forum: Investing - Theory, News & General
- Topic: Why isn't enterprise value/earnings more important than market cap/earnings (P/E)?
- Replies: 18
- Views: 1573
Re: Why isn't enterprise value/earnings more important than market cap/earnings (P/E)?
Isn't enterprise value the "real" value of a company as it adds a company's debt (net of cash) to that company's market cap? Is there a reason P/E is quoted everywhere instead of EV/E? Or am I mistaken about enterprise value representing the "true" market cap of a company? I mea...