Search found 1134 matches

by WanderingDoc
Sun Nov 18, 2018 3:46 pm
Forum: Investing - Theory, News & General
Topic: Where do you get your information? Favorite blogs/sites/resources?
Replies: 16
Views: 936

Re: Where do you get your information? Favorite blogs/sites/resources?

Too much worthwhile reading out there, too little time. I’m immensely grateful for the Bogleheads page, as I use it to filter what’s out there in terms of economic and investment insights. Sometimes I’ll follow a recommended link back to a primary source, but usually I’m happy with the distillation...
by WanderingDoc
Sun Nov 18, 2018 1:19 am
Forum: Personal Finance (Not Investing)
Topic: Why I plan on buying a life annuity - even if it is a stupid idea
Replies: 88
Views: 7293

Re: Why I plan on buying a life annuity - even if it is a stupid idea

"One study found that financial literacy declines by about 2% every year after age 60" Really. How exactly did they quantify "financial literacy"? Is 100% financial literacy super duper level, that which Warren Buffet has? That statement literally proved how fraudulent statistics are. Just throw som...
by WanderingDoc
Sat Nov 17, 2018 5:22 pm
Forum: Investing - Help with Personal Investments
Topic: Are We In A Real Estate Bubble?
Replies: 108
Views: 12444

Re: Are We In A Real Estate Bubble?

Yes, we are in a real estate bubble. We have been in one since 2013. The sky is falling :wink:

A real estate investor profits in ALL phases of a market cycle. I buy deals every year.
by WanderingDoc
Fri Nov 16, 2018 11:55 am
Forum: Personal Finance (Not Investing)
Topic: Finances in NYC
Replies: 95
Views: 7748

Re: Finances in NYC

That's ridiculous imo. I'm sure they share apartments to ease the cost of living partially, but also because that's often what people of that age do, plus you can get a lot more at scale....4 x 20 somethings paying $3k each will get a pretty spectacular $12k apartment, whereas $3k individually will...
by WanderingDoc
Fri Nov 16, 2018 1:23 am
Forum: Investing - Theory, News & General
Topic: "Yes, You Can Time the Market!"
Replies: 58
Views: 13532

Re: "Yes, You Can Time the Market!"

Wasn't Been Stein just a (bad) comedian?
by WanderingDoc
Thu Nov 15, 2018 7:50 pm
Forum: Investing - Help with Personal Investments
Topic: Oops! Edward Jones tops Vanguard in customer survey
Replies: 50
Views: 5126

Re: Oops! Edward Jones tops Vanguard in customer survey

Apparently, this result is largely due to the fact that many EJ clients have no idea of what they are paying , although that is hard to understand given the amount of ER advertising in recent years. Perhaps the question was phrased to downplay the overall value client's receive for their dollar spe...
by WanderingDoc
Thu Nov 15, 2018 7:20 pm
Forum: Investing - Theory, News & General
Topic: Do BHs care about real asset value or stay in course?
Replies: 13
Views: 1141

Re: Do BHs care about real asset value or stay in course?

Do BHs care about real asset value or stay in course? even of we know there is a huge asset bubble? I think that people tend to focus on asset values too much. I think it is better to focus on the income those assets can produce. We live our lives based on monthly and yearly cash flows, not the mar...
by WanderingDoc
Thu Nov 15, 2018 7:14 pm
Forum: Investing - Theory, News & General
Topic: Do BHs care about real asset value or stay in course?
Replies: 13
Views: 1141

Re: Do BHs care about real asset value or stay in course?

WhiteMaxima wrote:
Wed Nov 14, 2018 6:55 pm
Do BHs care about real asset value or stay in course? even of we know there is a huge asset bubble?
Securities (paper) are not real assets.
by WanderingDoc
Thu Nov 15, 2018 2:59 am
Forum: Investing - Theory, News & General
Topic: Does Early Retirement Make You Live Longer?
Replies: 70
Views: 4275

Re: Does Early Retirement Make You Live Longer?

There are 2 kinds of retirement (early or not): 1. no money or no desire, TV, no activities, die early. 2. active, physically, intellectually, socially, healthy, long happy life. I would think that people who identify more with their jobs tend to be more type 1 in retirement while early retirees ar...
by WanderingDoc
Thu Nov 15, 2018 2:05 am
Forum: Personal Finance (Not Investing)
Topic: Wait, do I need a prenup?
Replies: 63
Views: 6570

Re: Wait, do I need a prenup?

I suppose everybody's different. For the past 48 years, my wife and I have viewed marriage as a 100% partnership. Two partners, each giving 100%. I'm sincerely happy for you and your wife, spectec. Like probably many others here, I had thought that my wife and I viewed marriage as a 100% partnershi...
by WanderingDoc
Thu Nov 15, 2018 1:59 am
Forum: Investing - Theory, News & General
Topic: How much international stock? A suggestion.
Replies: 447
Views: 79886

Re: How much international stock? A suggestion.

Any benefit of DCA'ing into my Roth IRA for 2019 instead of just one lump sum? The reason I ask is, I put $5500 into Total International into a Roth IRA around 1/3/2018, and it just got crushed over the course of the year. If I DCA, it seems like it wouldn't be as painful. Look forward to feedback o...
by WanderingDoc
Thu Nov 15, 2018 1:52 am
Forum: Investing - Theory, News & General
Topic: Does Early Retirement Make You Live Longer?
Replies: 70
Views: 4275

Re: Does Early Retirement Make You Live Longer?

Probably anecdotal - but I have seen claims that earlier retirement shortens lifespan. Guys retire - and sit on a recliner watching TV and drinking a lot of beer and junk food. Geez, that's depressing. I do cardio exercises for an hour 4 X a week, wife does 5 X. We stay active and travel 4 to 6 tim...
by WanderingDoc
Thu Nov 15, 2018 1:44 am
Forum: Investing - Theory, News & General
Topic: Does Early Retirement Make You Live Longer?
Replies: 70
Views: 4275

Re: Does Early Retirement Make You Live Longer?

Even if you told me (and could guarantee) that working longer will result in a longer life, i would STILL retire very early. There is simply too much to see and try in life to work full time (at the same job no less) even if you happen to love your initial vocation.
by WanderingDoc
Thu Nov 15, 2018 1:40 am
Forum: Investing - Theory, News & General
Topic: Does Early Retirement Make You Live Longer?
Replies: 70
Views: 4275

Re: Does Early Retirement Make You Live Longer?

Fascinating study that suggests that retiring early can significantly increase your lifespan. This work was based on an analysis of longevity data from former Boeing Aerospace, and it concluded that “for every year one works beyond age 55, one loses 2 years of life span on average.” Here are the re...
by WanderingDoc
Thu Nov 15, 2018 1:35 am
Forum: Investing - Help with Personal Investments
Topic: Roth vs. Traditional 401k
Replies: 131
Views: 6315

Re: Roth vs. Traditional 401k

You guys should start with some assumptions on income, current tax, future tax, and then do the numbers on several scenarios, and then compare! Math is a universal language! I did an exercise like this. I found for my scenario it takes ~7-8% tax increase (with the same bracket structure) to make mo...
by WanderingDoc
Thu Nov 15, 2018 1:31 am
Forum: Investing - Help with Personal Investments
Topic: 34 y/o & received a 72k inheritance; requesting feedback on my asset allocation/plan
Replies: 6
Views: 780

Re: 34 y/o & received a 72k inheritance; requesting feedback on my asset allocation/plan

Flyer24 wrote:
Wed Nov 14, 2018 11:53 pm
What about using the money for education or something to increase your take home pay? I would value that more than throwing it at taxable investments. It is going to pay off more to get out of that 10% bracket.
+1.

Use the money to improve yourself.
by WanderingDoc
Wed Nov 14, 2018 1:47 pm
Forum: Investing - Help with Personal Investments
Topic: I can't take this anymore=) I'm selling stocks and buying bonds!
Replies: 98
Views: 13257

Re: I can't take this anymore=) I'm selling stocks and buying bonds!

Hi everyone, With all the swings up and down recently I am finding that it's too much volatility for me. My portfolio has gone down by $12000 over the past few days. I know people on here say it's a blip on the radar, but when I think about what I have to go through to earn $12k ($12k = two months ...
by WanderingDoc
Tue Nov 13, 2018 10:18 pm
Forum: Personal Finance (Not Investing)
Topic: Finances in NYC
Replies: 95
Views: 7748

Re: Finances in NYC

I wouldn't do it - you'll be living a very tough lifestyle. Everything is expensive, much more expensive than you think. Eating out/bars/groceries are going to seem stupidly expensive. We pay fresh graduates about $185k/year and they all share apartments due to the cost of living. That's ridiculous...
by WanderingDoc
Tue Nov 13, 2018 10:12 pm
Forum: Personal Finance (Not Investing)
Topic: Finances in NYC
Replies: 95
Views: 7748

Re: Finances in NYC

Good Morning Everyone, I'm facing a big decision; I received a job offer in Manhattan, NY and am trying to see the financial side of the issue and since I believe everyone here from past experience I am hoping for other opinions regarding life in general with the decision. So, anything you think I ...
by WanderingDoc
Tue Nov 13, 2018 9:19 pm
Forum: Investing - Help with Personal Investments
Topic: Roth vs. Traditional 401k
Replies: 131
Views: 6315

Re: Roth vs. Traditional 401k

So you're future plan is to be mediocre? I see. Just because a lot of people do something, doesn't make it optimal or even favorable. You do understand that "being mediocre" (aka accepting market return for investments) is a cornerstone of Boglehead philosophy, correct? Of course, one is free to ad...
by WanderingDoc
Tue Nov 13, 2018 9:15 pm
Forum: Investing - Help with Personal Investments
Topic: I can't take this anymore=) I'm selling stocks and buying bonds!
Replies: 98
Views: 13257

Re: I can't take this anymore=) I'm selling stocks and buying bonds!

Hi everyone, With all the swings up and down recently I am finding that it's too much volatility for me. My portfolio has gone down by $12000 over the past few days. I know people on here say it's a blip on the radar, but when I think about what I have to go through to earn $12k ($12k = two months ...
by WanderingDoc
Tue Nov 13, 2018 6:40 pm
Forum: Investing - Help with Personal Investments
Topic: I can't take this anymore=) I'm selling stocks and buying bonds!
Replies: 98
Views: 13257

Re: I can't take this anymore=) I'm selling stocks and buying bonds!

Hi everyone, With all the swings up and down recently I am finding that it's too much volatility for me. My portfolio has gone down by $12000 over the past few days. I know people on here say it's a blip on the radar, but when I think about what I have to go through to earn $12k ($12k = two months ...
by WanderingDoc
Tue Nov 13, 2018 6:32 pm
Forum: Investing - Help with Personal Investments
Topic: Roth vs. Traditional 401k
Replies: 131
Views: 6315

Re: Roth vs. Traditional 401k

Roth 401K is a bad choice. I like KlangFool, he offers a lot of great advice on this forum. However, sometimes he likes to play devils advocate. Constantly telling people Roth 401k is a bad choice for everyone is misleading and not helpful. It's as simple as this people... If you can lock in a low ...
by WanderingDoc
Tue Nov 13, 2018 6:29 pm
Forum: Investing - Help with Personal Investments
Topic: Roth vs. Traditional 401k
Replies: 131
Views: 6315

Re: Roth vs. Traditional 401k

Here is a simple rule to follow: if you make <50k (individual) or <100k (jointly), direct your contributions to roth 401k (or roth ira). If you make more than that, go traditional. I believe that income $100k - $200k can make the case for (at least partial) Roth 401k contributions. Even more of a c...
by WanderingDoc
Mon Nov 12, 2018 10:59 pm
Forum: Investing - Help with Personal Investments
Topic: Roth vs. Traditional 401k
Replies: 131
Views: 6315

Re: Roth vs. Traditional 401k

Here is a simple rule to follow: if you make <50k (individual) or <100k (jointly), direct your contributions to roth 401k (or roth ira). If you make more than that, go traditional. Here are the rules of thumb from Traditional versus Roth on the wiki. If your current marginal tax rate is 15% or less...
by WanderingDoc
Mon Nov 12, 2018 10:45 pm
Forum: Investing - Help with Personal Investments
Topic: Roth vs. Traditional 401k
Replies: 131
Views: 6315

Re: Roth vs. Traditional 401k

Here is a simple rule to follow: if you make <50k (individual) or <100k (jointly), direct your contributions to roth 401k (or roth ira). If you make more than that, go traditional. I believe that income $100k - $200k can make the case for (at least partial) Roth 401k contributions. Even more of a c...
by WanderingDoc
Mon Nov 12, 2018 10:38 pm
Forum: Investing - Help with Personal Investments
Topic: Roth vs. Traditional 401k
Replies: 131
Views: 6315

Re: Roth vs. Traditional 401k

KlangFool wrote:
Sat Nov 10, 2018 9:23 pm
OP,

It is very simple.

Max up the Trad. 401K and put the tax savings into the Roth IRAs. It is the best of both worlds. You get both: tax-deferred account and Roth. Roth 401K is the wrong answer for most people.

KlangFool
Would love if you could elaborate why.
by WanderingDoc
Sat Nov 10, 2018 8:02 am
Forum: Investing - Help with Personal Investments
Topic: 1,000,000+ by 29
Replies: 23
Views: 4612

Re: 1,000,000+ by 29

I appreciate all the advise! I was in the military for 6 years, so housing, food and healthcare was provided. When all my friends were spending everything on fast cars, booze and women, I was staying home and saving my money. You'll be rich! You just won't have all those wonderful memories of fast ...
by WanderingDoc
Sat Nov 10, 2018 8:00 am
Forum: Investing - Help with Personal Investments
Topic: 1,000,000+ by 29
Replies: 23
Views: 4612

Re: 1,000,000+ by 29

I appreciate all the advise! I was in the military for 6 years, so housing, food and healthcare was provided. When all my friends were spending everything on fast cars, booze and women, I was staying home and saving my money. You'll be rich! You just won't have all those wonderful memories of fast ...
by WanderingDoc
Sat Nov 10, 2018 7:27 am
Forum: Investing - Theory, News & General
Topic: This man can predict when bubbles burst: time to time the market?
Replies: 145
Views: 10543

Re: This man can predict when bubbles burst: time to time the market?

Generally in life, you only need to be right once in regards to high stakes financial stuff, and you're set. Get it right once, and you may stop right there. Unless of course, slugging away for 40 years as a hamster-on-a-wheel to then live on 70% of what you just got by on is preferable. Not tongue...
by WanderingDoc
Thu Nov 08, 2018 8:05 am
Forum: Investing - Theory, News & General
Topic: This man can predict when bubbles burst: time to time the market?
Replies: 145
Views: 10543

Re: This man can predict when bubbles burst: time to time the market?

Many people get famous for predicting a major market event. Once. Bingo. Being 1 for 1, 2 for 2, even 3 for 3 isn't a big deal. Being 26 for 26 is a different story. Remember that a broken clock is right twice a day. Over at Zerohedge, they've predicted 18 of the last two recessions. The major prob...
by WanderingDoc
Thu Nov 08, 2018 6:22 am
Forum: Investing - Theory, News & General
Topic: 426% return if there is a recession in 2019?
Replies: 23
Views: 3969

Re: 426% return if there is a recession in 2019?

For all you bears out there who have a fun money fund, I found something interesting. If you believe there will be a recession in 2019 you can make a 426% return (minus 5% upon withdrawal). PredictIt is a legal betting website run by a university. I have always followed this website since I find it...
by WanderingDoc
Sat Nov 03, 2018 12:23 pm
Forum: Investing - Theory, News & General
Topic: Vanguard website "unavailable during weekend of Nov 3"
Replies: 203
Views: 18307

Re: Vanguard website "unavailable during weekend of Nov 3"

This is why I hesitate to trust a 3rd party with my money. And the only way it's "tracked", is digits on a screen. Obviously, not all of us knew our exact balances before the website went down. What happens if this "update" results in messed up balances? Perfect example of mere bits and bytes. I've...
by WanderingDoc
Sat Nov 03, 2018 11:54 am
Forum: Investing - Theory, News & General
Topic: Vanguard website "unavailable during weekend of Nov 3"
Replies: 203
Views: 18307

Re: Vanguard website "unavailable during weekend of Nov 3"

This is why I hesitate to trust a 3rd party with my money. And the only way it's "tracked", is digits on a screen. Obviously, not all of us knew our exact balances before the website went down. What happens if this "update" results in messed up balances? Perfect example of mere bits and bytes. I've ...
by WanderingDoc
Sat Nov 03, 2018 8:01 am
Forum: Investing - Theory, News & General
Topic: no dividends in index funds!
Replies: 95
Views: 9285

Re: no dividends in index funds!

I wanted the quarterly dividends like I used to get with the blue chip stocks. It would just be additional income, often just at the right times. It was great to get a quarterly $800.00 dividend check. With the Index Funds I am lucky to get $300.00 quarterly for dividends.... As it happens, $800.00...
by WanderingDoc
Sat Nov 03, 2018 3:34 am
Forum: Investing - Theory, News & General
Topic: no dividends in index funds!
Replies: 95
Views: 9285

Re: no dividends in index funds!

I wanted the quarterly dividends like I used to get with the blue chip stocks. It would just be additional income, often just at the right times. It was great to get a quarterly $800.00 dividend check. With the Index Funds I am lucky to get $300.00 quarterly for dividends.... As it happens, $800.00...
by WanderingDoc
Sat Nov 03, 2018 1:04 am
Forum: Investing - Theory, News & General
Topic: The biggest rallies in stocks have happened during the worst times to be invested
Replies: 15
Views: 2318

Re: The biggest rallies in stocks have happened during the worst times to be invested

jalbert wrote:
Sat Nov 03, 2018 12:39 am
The thread title contradicts itself.
My thoughts as well. The title has a positive connotation, whilst the post itself was gloomy.
by WanderingDoc
Sat Nov 03, 2018 12:19 am
Forum: Personal Finance (Not Investing)
Topic: Ally Banking 1% extra back up to $1,000 on new money deposited
Replies: 477
Views: 45095

Re: Ally Banking 1% extra back up to $1,000 on new money deposited

Was there only a 2 week window where money had to be deposited to get the $1000? I deposit into Ally frequently. Must have missed it :oops: I didn't realize Ally had started selling real estate :sharebeer They don't. But when your rental property cash flow accumulates at a rapid clip, need to move ...
by WanderingDoc
Fri Nov 02, 2018 7:42 pm
Forum: Personal Finance (Not Investing)
Topic: Ally Banking 1% extra back up to $1,000 on new money deposited
Replies: 477
Views: 45095

Re: Ally Banking 1% extra back up to $1,000 on new money deposited

Was there only a 2 week window where money had to be deposited to get the $1000? I deposit into Ally frequently. Must have missed it :oops:
by WanderingDoc
Fri Nov 02, 2018 2:02 am
Forum: Investing - Theory, News & General
Topic: An extreme example of inflation and a mortgage
Replies: 37
Views: 3189

Re: An extreme example of inflation and a mortgage

You are making the assumption that your wages are keeping up with inflation. I think it would be better to not use inflation but use wage growth since it is your income that pays back the mortgage, not inflation. You win regardless. You are paying back the lender in dollars worth less and less, mon...
by WanderingDoc
Thu Nov 01, 2018 10:32 am
Forum: Investing - Theory, News & General
Topic: An extreme example of inflation and a mortgage
Replies: 37
Views: 3189

Re: An extreme example of inflation and a mortgage

Inspired by a recent thread, I wanted to create an extreme example of inflation where it becomes cheaper to borrow for a house than pay in cash, demonstrating the effect of inflation and the fact that "fixed" costs are never truly fixed. The following example is simplified by applying annual inflat...
by WanderingDoc
Tue Oct 30, 2018 1:52 pm
Forum: Investing - Theory, News & General
Topic: Why I'm NOT 100% stocks
Replies: 36
Views: 5124

Re: Why I'm NOT 100% stocks

Do you really believe the market is capable of a 90% drop given today's margin requirements, broader ownership of stocks and other factors? You don't think a market mostly fueled by debt, credit, and trillions of dollars (of imaginary money) pumped into the economy can drop by 90%? Do you think a p...
by WanderingDoc
Fri Oct 26, 2018 9:11 pm
Forum: Investing - Help with Personal Investments
Topic: How to exit out of the Stock Market?
Replies: 58
Views: 6132

Re: How to exit out of the Stock Market?

Welcome to Bogleheads, Sophia! Your post suggests you're reacting emotionally to the market selloff. That's a very human thing to do; unfortunately, humans tend to be lousy investors. :) The easiest way to avoid losing sleep over daily market gyrations is to refrain from reading or watching the fin...
by WanderingDoc
Thu Oct 25, 2018 8:10 am
Forum: Investing - Help with Personal Investments
Topic: For those waiting for a 'correction' ...
Replies: 88
Views: 12348

Re: For those waiting for a 'correction' ...

Based on your question, we no longer need to wait for it. It already happened. The U.S. market has already corrected (and heading further), more than 70% of S&P500 are in a bear market, Int'l bear market, emerging crashed. This is just the beginning. Exciting stuff! :beer
by WanderingDoc
Wed Oct 24, 2018 9:38 pm
Forum: Investing - Help with Personal Investments
Topic: Reaction to Market
Replies: 71
Views: 7650

Re: Reaction to Market

ThePrince wrote:
Wed Oct 24, 2018 6:39 pm
What is your alternative?
There are alternatives. Here's one: all of my real estate rental and partnership checks came in for Oct '18. 10-15% return on cash, regardless of the value of the asset.
by WanderingDoc
Wed Oct 24, 2018 9:36 pm
Forum: Investing - Help with Personal Investments
Topic: Reaction to Market
Replies: 71
Views: 7650

Re: Reaction to Market

yousha wrote:
Wed Oct 24, 2018 6:36 pm
Difficult to follow the Philosophy aspired by the Organization after today's dumpster dive even with the appropriate risk reward ratio. $100,000 paper loss today.
This is nothing. Just the tip of the iceberg. Strap on your helmet and hold on tight! :o
by WanderingDoc
Tue Oct 23, 2018 11:31 pm
Forum: Investing - Theory, News & General
Topic: 'Smart money' bailing on the market, time to get out?
Replies: 92
Views: 12253

Re: Smart money bailing on the market, time to get out?

The other person is correct, stop reading the trash reports from people with an agenda. All you're talking about is what we call 'noise'. Ignore the noise and just stay the course. People who panic never make profits. The other person is also correct - those of us who use indexed funds make out bet...
by WanderingDoc
Tue Oct 23, 2018 3:06 pm
Forum: Investing - Theory, News & General
Topic: 'Smart money' bailing on the market, time to get out?
Replies: 92
Views: 12253

Re: Smart money bailing on the market, time to get out?

The other person is correct, stop reading the trash reports from people with an agenda. All you're talking about is what we call 'noise'. Ignore the noise and just stay the course. People who panic never make profits. The other person is also correct - those of us who use indexed funds make out bet...
by WanderingDoc
Tue Oct 23, 2018 11:10 am
Forum: Investing - Theory, News & General
Topic: 'Smart money' bailing on the market, time to get out?
Replies: 92
Views: 12253

Re: Smart money bailing on the market, time to get out?

The other person is correct, stop reading the trash reports from people with an agenda. All you're talking about is what we call 'noise'. Ignore the noise and just stay the course. People who panic never make profits. The other person is also correct - those of us who use indexed funds make out bet...