Search found 1310 matches

by WanderingDoc
Wed Jan 16, 2019 11:10 am
Forum: Investing - Theory, News & General
Topic: Real value of NYC real estate, 1899-1999.
Replies: 52
Views: 4905

Re: Real value of NYC real estate, 1899-1999.

The Vanguard U.S. REIT (VGSIX) returned -6.11% in 2018. My personal real estate portfolio had a 18% IRR with six figure profits in 2018. So, where did diversification get you? :sharebeer Have you calculated the IIR if you had deadbeat tenant(s) requiring 1000s of dollars in legal fees and several m...
by WanderingDoc
Wed Jan 16, 2019 11:06 am
Forum: Investing - Theory, News & General
Topic: Real value of NYC real estate, 1899-1999.
Replies: 52
Views: 4905

Re: Real value of NYC real estate, 1899-1999.

The Vanguard U.S. REIT (VGSIX) returned -6.11% in 2018. My personal real estate portfolio had a 18% IRR with six figure profits in 2018. So, where did diversification get you? :sharebeer Have you calculated the IIR if you had deadbeat tenant(s) requiring 1000s of dollars in legal fees and several m...
by WanderingDoc
Wed Jan 16, 2019 12:54 am
Forum: Personal Consumer Issues
Topic: Gillette Mach 3 alternatives
Replies: 81
Views: 7068

Re: Gillette Mach 3 alternatives

Hi, I have used Gillette Mach 3 (disposable) and Sensor Excel for many years, but now want to transition off of them. Is there any other good quality alternative in the US market with a pivoting Head that adjusts to the contours of the face. 2 to 3 blades are enough for me. I’ve been using Schick H...
by WanderingDoc
Wed Jan 16, 2019 12:49 am
Forum: Investing - Theory, News & General
Topic: Real value of NYC real estate, 1899-1999.
Replies: 52
Views: 4905

Re: Real value of NYC real estate, 1899-1999.

Real estate still can bring rents, can be leveraged, has good tax treatment, etc. But it’s not something to just buy and hold. Rental income, tenant paydown of said leverage, and the good tax treatment are exactly why real estate most certainly is something to just buy and hold. So let's think this...
by WanderingDoc
Tue Jan 15, 2019 5:29 pm
Forum: Investing - Theory, News & General
Topic: Real value of NYC real estate, 1899-1999.
Replies: 52
Views: 4905

Re: Real value of NYC real estate, 1899-1999.

Real estate still can bring rents, can be leveraged, has good tax treatment, etc. But it’s not something to just buy and hold. Rental income, tenant paydown of said leverage, and the good tax treatment are exactly why real estate most certainly is something to just buy and hold. So let's think this...
by WanderingDoc
Sun Jan 13, 2019 5:00 pm
Forum: Personal Investments
Topic: Vanguard Municipal Money Market VMSXX 1.39%
Replies: 340
Views: 52336

Re: Vanguard Municipal Money Market VMSXX 1.39%

I received a PM saying that the Google spreadsheet I shared that uses ImportHTML to get the SEC yields was crashing. I checked, and it was working fine for me. A subsequent PM indicated that it was crashing Chrome, but not FireFox (I have been using mostly Firefox lately). I verified that it is cra...
by WanderingDoc
Sat Jan 05, 2019 11:16 pm
Forum: Investing - Theory, News & General
Topic: Traditional 401K vs Roth 401k
Replies: 60
Views: 3829

Re: Traditional 401K vs Roth 401k

Roth is best for those who plan on being wealthy when we are older. I define wealthy as having a LOT more wealth in our 50s and 60s, than we had in our 20s and 30s. If you've decided on traditional 401k now, you've psyched yourself into planning to be poorer in retirement. I think psychology plays ...
by WanderingDoc
Sat Jan 05, 2019 11:26 am
Forum: Investing - Theory, News & General
Topic: Traditional 401K vs Roth 401k
Replies: 60
Views: 3829

Re: Traditional 401K vs Roth 401k

If you've decided on traditional 401k now, you've psyched yourself into planning to be poorer in retirement. No, I haven't psyched myself into anything. I don't plan on being poorer in retirement than I am now (quite the opposite), I'm just planning on paying less in taxes. Those are one and the sa...
by WanderingDoc
Fri Jan 04, 2019 11:27 pm
Forum: Investing - Theory, News & General
Topic: Traditional 401K vs Roth 401k
Replies: 60
Views: 3829

Re: Traditional 401K vs Roth 401k

Roth is best for those who plan on being wealthy when we are older. I define wealthy as having a LOT more wealth in our 50s and 60s, than we had in our 20s and 30s. If you've decided on traditional 401k now, you've psyched yourself into planning to be poorer in retirement. I think psychology plays a...
by WanderingDoc
Fri Jan 04, 2019 11:16 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 10846
Views: 1893045

Re: U.S. stocks in free fall

To each their own. It's the only asset that I found which produces monthly income in my bank account that I legally don't have to pay tax on. To get the same effect from paper investing, I would have to work for 20 to 30 years more. I just met for several video chat sessions with a financial adviso...
by WanderingDoc
Fri Dec 21, 2018 2:37 pm
Forum: Personal Finance (Not Investing)
Topic: Are we in trouble?
Replies: 122
Views: 18575

Re: Are we in trouble?

Dave Ramsey is insanely conservative and he still says house price 4-5X annual income is fine. That said, I would never tell anyone that a house is a good investment, unless others live in it and pay your mortgage and expenses for you. A rule that I personally adhere to.. car (1 or 2) value or pric...
by WanderingDoc
Fri Dec 21, 2018 2:35 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 10846
Views: 1893045

Re: U.S. stocks in free fall

To each their own. It's the only asset that I found which produces monthly income in my bank account that I legally don't have to pay tax on. When did SPAM become acceptable? New members should be warned about your kind. Do you also hustle life insurance for infants? Others should be warned about a...
by WanderingDoc
Fri Dec 21, 2018 2:29 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 10846
Views: 1893045

Re: U.S. stocks in free fall

Correct. While the the stock market is doing what it's doing (near bear market), I just released 2 rentals with a 4% bump in rents, in less than 10 days of vacancy. I am still paying the lender the same principal and interest payment. How sweet it is :) More power to you. As for me, I hate real est...
by WanderingDoc
Fri Dec 21, 2018 2:25 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 10846
Views: 1893045

Re: U.S. stocks in free fall

To each their own. It's the only asset that I found which produces monthly income in my bank account that I legally don't have to pay tax on. To get the same effect from paper investing, I would have to work for 20 to 30 years more. I just met for several video chat sessions with a financial adviso...
by WanderingDoc
Fri Dec 21, 2018 2:23 pm
Forum: Personal Finance (Not Investing)
Topic: Bank offered free interest rate reduction
Replies: 24
Views: 1824

Re: Bank offered free interest rate reduction

Please stop spreading this misinformation. Your home itself may go up or down in price. You may have debts in the form of a mortgage that cost interest. Home equity does not have a rate of return. You are correct. Equity trapped in your home has no rate of return. It does not have a rate of return,...
by WanderingDoc
Fri Dec 21, 2018 1:08 pm
Forum: Personal Finance (Not Investing)
Topic: Bank offered free interest rate reduction
Replies: 24
Views: 1824

Re: Bank offered free interest rate reduction

From a financial/mathematical/rate of return perspective, adding principal payments to a mortgage is the worst possible thing you could do. Even worse in this low-interest-rate environment. The rate of return on home equity is always zero. It doesn't get any worse than that. Don't listen to what Da...
by WanderingDoc
Fri Dec 21, 2018 12:02 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 10846
Views: 1893045

Re: U.S. stocks in free fall

Correct. While the the stock market is doing what it's doing (near bear market), I just released 2 rentals with a 4% bump in rents, in less than 10 days of vacancy. I am still paying the lender the same principal and interest payment. How sweet it is :) More power to you. As for me, I hate real est...
by WanderingDoc
Fri Dec 21, 2018 11:57 am
Forum: Personal Finance (Not Investing)
Topic: Bank offered free interest rate reduction
Replies: 24
Views: 1824

Re: Bank offered free interest rate reduction

And by the way, the only person you are hurting by making principal payments on a low interest loan is yourself. The rate of return from home equity is always ZERO. Having $100 dollar bills behind your drywall that are yielding you $0, is never a smart move. The bank makes money either way. That mo...
by WanderingDoc
Fri Dec 21, 2018 1:12 am
Forum: Investing - Theory, News & General
Topic: What are you up YTD? [Year To Date]
Replies: 2338
Views: 417125

Re: What are you up YTD? [Year To Date]

minus 2% YTD Mostly 70/30, (50US/20INTL/30BONDS) A few tactical changes this year, temporarily selling bond allocation for stocks, but always going back to 70/30. Just recently went from 75/25 to 100/0, Thursday 12/6... Plan is to go back to 70/30 when sp500 is 2900 again... I prefer a balanced all...
by WanderingDoc
Fri Dec 21, 2018 12:32 am
Forum: Investing - Theory, News & General
Topic: Worst investing year ever....
Replies: 103
Views: 17792

Re: Worst investing year ever....

Worst investing year EVER? I would respectfully suggest that OP doesn't know much history, or has a very short investing career, or both. While history may be boring and not sexy, it is instructive and thus worthwhile. Neglecting the notion of 70 asset classes, history tells us that correlations be...
by WanderingDoc
Fri Dec 21, 2018 12:30 am
Forum: Personal Finance (Not Investing)
Topic: Bank offered free interest rate reduction
Replies: 24
Views: 1824

Re: Bank offered free interest rate reduction

So I have a few mortgages, for rental property and my personal home. A few days ago I decided to start making some principal payments on my home. Since this must be done through the banks website (I normally just send a check), I decided to do a "test" principal only payment of $100, just to see ho...
by WanderingDoc
Fri Dec 21, 2018 12:19 am
Forum: Personal Finance (Not Investing)
Topic: Mr. Money Mustache, SWR, and equity allocation
Replies: 524
Views: 40178

Re: Mr. Money Mustache, SWR, and equity allocation

If you don't like your life, you should change it. MMM hated being a computer programmer and wanted to be a contractor. He made the right choice for him. Personally I would much rather be a computer programmer:) I know, right? I LOVE writing scripts... Crawling around under a house installing radia...
by WanderingDoc
Thu Dec 20, 2018 10:53 pm
Forum: Investing - Theory, News & General
Topic: Who's buying today? where's all the "dry powder" folks at? :)
Replies: 255
Views: 23886

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

I don't agree. Both have a balance sheet. Both have assets and liabilities. Both have positive/negative cash flows. Countries can just raise taxes. No US citizen actually owns anything, bc if we fail to pay taxes we will be imprisoned. Only by paying taxes are we granted access to the things we "ow...
by WanderingDoc
Thu Dec 20, 2018 8:47 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 10846
Views: 1893045

Re: U.S. stocks in free fall

You are also assuming a lot with an 18 month recovery time (if a recovery actually occurs). If a recovery doesn't occur eventually, then we're all hosed. :D Historically, most market recoveries have taken fewer than 18 months. But I don't really care. No, not all of us are hosed. If we are diversif...
by WanderingDoc
Thu Dec 20, 2018 8:43 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 10846
Views: 1893045

Re: U.S. stocks in free fall

You are also assuming a lot with an 18 month recovery time (if a recovery actually occurs). If a recovery doesn't occur eventually, then we're all hosed. :D Historically, most market recoveries have taken fewer than 18 months. But I don't really care. No, not all of us are hosed. If we are diversif...
by WanderingDoc
Thu Dec 20, 2018 8:40 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 10846
Views: 1893045

Re: U.S. stocks in free fall

You are also assuming a lot with an 18 month recovery time (if a recovery actually occurs). If a recovery doesn't occur eventually, then we're all hosed. :D Historically, most market recoveries have taken fewer than 18 months. But I don't really care. No, not all of us are hosed. If we are diversif...
by WanderingDoc
Thu Dec 20, 2018 8:30 pm
Forum: Investing - Theory, News & General
Topic: Who's buying today? where's all the "dry powder" folks at? :)
Replies: 255
Views: 23886

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

...The U.S. is insolvent (by their own reported accounting) and cannot pay back it's debts. Not now, not ever. Does that sound prosperous to you? The US can never default by definition because the US government owns a printing press. Whether your statement is correct or not is actually irrelevant. ...
by WanderingDoc
Thu Dec 20, 2018 8:21 pm
Forum: Investing - Theory, News & General
Topic: Who's buying today? where's all the "dry powder" folks at? :)
Replies: 255
Views: 23886

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

Bought yesterday. Large move to Equities based on re-balance but also upped my Equity allocation in my AA another 10% because value. This is panic without fundamentals. U.S. Economy is growing at 3% and we are at full employment. Have you ever considered WHAT is actually powering this so called gro...
by WanderingDoc
Thu Dec 20, 2018 4:54 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 10846
Views: 1893045

Re: U.S. stocks in free fall

You are also assuming a lot with an 18 month recovery time (if a recovery actually occurs). If a recovery doesn't occur eventually, then we're all hosed. :D Historically, most market recoveries have taken fewer than 18 months. But I don't really care. No, not all of us are hosed. If we are diversif...
by WanderingDoc
Thu Dec 20, 2018 3:43 pm
Forum: Investing - Theory, News & General
Topic: Who's buying today? where's all the "dry powder" folks at? :)
Replies: 255
Views: 23886

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

Bought yesterday. Large move to Equities based on re-balance but also upped my Equity allocation in my AA another 10% because value. This is panic without fundamentals. U.S. Economy is growing at 3% and we are at full employment. Have you ever considered WHAT is actually powering this so called gro...
by WanderingDoc
Thu Dec 20, 2018 2:49 am
Forum: Personal Finance (Not Investing)
Topic: Are we in trouble?
Replies: 122
Views: 18575

Re: Are we in trouble?

This post is a great example of why the 2X mortgage size rule exists. At 370k/year you really shouldn't have more than a 700-800k mortgage. That would require a 400k downpayment on a house that expensive. Also, never buy a home in a new location without first renting for a year and making sure your...
by WanderingDoc
Thu Dec 20, 2018 2:43 am
Forum: Investing - Theory, News & General
Topic: A case against buy and hold index investing
Replies: 39
Views: 4647

Re: A case against buy and hold index investing

Dear Bogleheads, As I was browsing through youtube I found this video of a guy named Sven Carlin. In it he makes a case against the 'buy and hold' strategy of investing that some of us advocate. His main point is that he disagrees with the idea that stocks generally go up in the long term. Link to ...
by WanderingDoc
Thu Dec 20, 2018 2:31 am
Forum: Personal Investments
Topic: Highly compensated employee & military TSP
Replies: 10
Views: 938

Re: Highly compensated employee & military TSP

The HCE dollar limit just determines whether you are an HCE or not. ADP testing determines if there is a test failure or not. Only if there is a test failure or a self-imposed limit will HCE contributions be limited. I have no idea if the TSP is subject to testing or not. Okay, so what is this doll...
by WanderingDoc
Thu Dec 20, 2018 2:30 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 10846
Views: 1893045

Re: U.S. stocks in free fall

Its weird that this reaction seems to be in response to Powell doing literally exactly what he said he would do in November. Maybe people thought he would succumb to pressure from Trump and the stock market. It does seem like Unicorns and Fairy Dust doesn't it? I certainly have trouble/can't really...
by WanderingDoc
Thu Dec 20, 2018 2:19 am
Forum: Personal Investments
Topic: Highly compensated employee & military TSP
Replies: 10
Views: 938

Re: Highly compensated employee & military TSP

I am just curious how this is determined. I earn a very reasonable salary and I've never even heard that your TSP contribution could be limited.
by WanderingDoc
Thu Dec 20, 2018 2:16 am
Forum: Personal Investments
Topic: FAANG
Replies: 48
Views: 3781

Re: FAANG

Folks, Why would you put any money into those individual stocks when you know that they have no possibility of going up 10X to 30X over the next few years? A) I only put my "play money" into individual stocks. B) I only gamble on individual stocks that have the possibility of going up 10X to 30X. K...
by WanderingDoc
Thu Dec 20, 2018 2:14 am
Forum: Personal Investments
Topic: FAANG
Replies: 48
Views: 3781

Re: FAANG

I haven't held an individual stock since I sold apply at $125 4 years (bought it at $89) ago to pay for my last semester of my MBA, instead of taking out loans. I am however very tempted to buy shares of Apple if they dip under $160, I don't see it going any lower than $150 if we have another big d...
by WanderingDoc
Thu Dec 20, 2018 2:12 am
Forum: Personal Investments
Topic: Highly compensated employee & military TSP
Replies: 10
Views: 938

Re: Highly compensated employee & military TSP

For 401k purposes my son is a "highly compensated employee" and is only allowed to contribute $8000 to his 401k. He also has a second job in the airforce reserves where he is eligible to contribute to the Thrift savings plan (TSP) . Can he contribute $10,500 to his TSP and therefore max out the $18...
by WanderingDoc
Wed Dec 19, 2018 1:52 am
Forum: Investing - Theory, News & General
Topic: So...do I keep buying more equities?
Replies: 49
Views: 5848

Re: So...do I keep buying more equities?

Rents drop 20%? Please don't quote random numbers if you don't know exacts. Class B and C market rents in apartments stayed the same or went UP during the Great recession in many markets. The mortgage default rate on residential multifamily was less than 1.5% during the worst real estate housing cr...
by WanderingDoc
Wed Dec 19, 2018 12:17 am
Forum: Investing - Theory, News & General
Topic: So...do I keep buying more equities?
Replies: 49
Views: 5848

Re: So...do I keep buying more equities?

I've experienced and seen some serious evidence in my own life. Investing in real assets that produce income, for starters. I have just renewed 3 leases, bumped rents 3-4% in each, tenants payed down ~$18K of my principal on several mortgages (directly adding to my net worth), and I legally won't p...
by WanderingDoc
Wed Dec 19, 2018 12:08 am
Forum: Investing - Theory, News & General
Topic: So...do I keep buying more equities?
Replies: 49
Views: 5848

Re: So...do I keep buying more equities?

So is the stock recent stock drop a sale (good is still valuable and you are getting it cheaply) or a broken item (the price is correct for the current estimates of future return)? Nobody really knows. When Japanese stocks dropped from 40k to 20k it wasn't a sale. It was distressed merchandise. Whe...
by WanderingDoc
Tue Dec 18, 2018 8:47 pm
Forum: Investing - Theory, News & General
Topic: So...do I keep buying more equities?
Replies: 49
Views: 5848

Re: So...do I keep buying more equities?

What do you do when some crashes their car and is willkng to sell it to you for 10% less than an uncrashed model? Obviously if the item at the grocery store is broken you don't buy it. So is the stock recent stock drop a sale (good is still valuable and you are getting it cheaply) or a broken item ...
by WanderingDoc
Tue Dec 18, 2018 7:29 pm
Forum: Investing - Theory, News & General
Topic: Bull market is over, run for cover says Alan Greenspan
Replies: 41
Views: 6243

Re: Bull market is over, run for cover says Alan Greenspan

frugalecon wrote:
Tue Dec 18, 2018 7:19 pm
Alan Greenspan is 92. I recently saw him going into Neiman Marcus with his wife (Andrea Mitchell). He looked quite frail. He had a great run of being famous, but I don’t know why his views about financial markets are newsworthy now. Or at least actionable.
Must be doing well! :moneybag
by WanderingDoc
Tue Dec 18, 2018 7:23 pm
Forum: Investing - Theory, News & General
Topic: So...do I keep buying more equities?
Replies: 49
Views: 5848

Re: So...do I keep buying more equities?

Should I keep buying into the market as its dropping? Feel like at this point that any day it drops 1% to 2% or more, I should just keep buying a small portion of it and reduce my overall cost basis. If something drops in price at the grocery store what do you do? What do you do when some crashes t...
by WanderingDoc
Tue Dec 18, 2018 5:55 pm
Forum: Investing - Theory, News & General
Topic: So...do I keep buying more equities?
Replies: 49
Views: 5848

Re: So...do I keep buying more equities?

If you DCA and not 100 into the equity, you will win. Now it's not the time to be all in. institute and folks with 100% equity during last couple of years bull want to out to harvest the gain. You should wait at least until the market back to norm. What if you're 100% equities and have no gains to ...
by WanderingDoc
Tue Dec 18, 2018 5:45 pm
Forum: Investing - Theory, News & General
Topic: Ok to invest in an LLC?
Replies: 33
Views: 1772

Re: Ok to invest in an LLC?

A friend of mine is starting a new company which I'd like to make a small investment in. I have lots of experience investing in private companies but this one is different since the founder is particularly inexperienced and he isn't thinking about VCs. He would like to structure it as an LLC with a...
by WanderingDoc
Tue Dec 18, 2018 3:49 pm
Forum: Personal Finance (Not Investing)
Topic: Mr. Money Mustache, SWR, and equity allocation
Replies: 524
Views: 40178

Re: Mr. Money Mustache, SWR, and equity allocation

Ignore what he says. Instead follow what he does. He earns $400,000+ from his blog. Do you ? Exactly! Same can be said about Dave Ramsey. Ignore what he says (saving will make you rich), and follow what he does (buys $10M+ real estate, apartment buildings, fly first class, be a cutthroat capitalist...
by WanderingDoc
Tue Dec 18, 2018 12:07 pm
Forum: Investing - Theory, News & General
Topic: So...do I keep buying more equities?
Replies: 49
Views: 5848

Re: So...do I keep buying more equities?

So...do I keep buying more equities? Yes, if you're a long term investor and plan to buy on a regular basis for a long period of time, which is IMO the way you should be. It is not a mistake to buy things when they go on sale. Stocks are the only thing I am aware of that buyers are afraid to buy wh...
by WanderingDoc
Tue Dec 18, 2018 2:52 am
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Diversify Globally
Replies: 47
Views: 4913

Re: Larry Swedroe: Diversify Globally

I think Larry makes a very good case for global diversification and I believe it. I am US 50/DM 25/EM 25 , so I even overweight EM relative to global market weight because I believe that over the long term that increased EM risk will be rewarded with increased return. The increased volatility of EM...