Search found 553 matches

by DanMahowny
Fri Jan 18, 2019 5:20 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 10112
Views: 1784571

Re: U.S. stocks in free fall

H-Town wrote:
Fri Jan 18, 2019 10:49 am
Anyone still hold cash on the sideline?
I am basically all cash. I hold 0% equities.

This is far from over.
by DanMahowny
Fri Jan 18, 2019 1:08 pm
Forum: Forum Issues and Administration
Topic: Log-In Issues January 17th around 5:00 PM CST
Replies: 4
Views: 241

Re: Log-In Issues January 17th around 5:00 PM CST

I experienced this problem yesterday, and today too. It seems to fix itself.
by DanMahowny
Fri Jan 18, 2019 1:05 pm
Forum: Personal Consumer Issues
Topic: How do you keep a calendar?
Replies: 49
Views: 1849

Re: How do you keep a calendar?

I use Google Calendar.

But, as I think about it, I really miss the large desktop paper calendar. The good old days.
by DanMahowny
Wed Jan 16, 2019 5:33 pm
Forum: Investing - Theory, News & General
Topic: John Bogle has died at age 89
Replies: 828
Views: 41360

Re: John Bogle is dead at 89

Damn. Today is a sad day.

No person has done more for the typical investor than Jack Bogle.

R.I.P. Mr Bogel
by DanMahowny
Tue Jan 15, 2019 4:30 pm
Forum: Personal Consumer Issues
Topic: Funniest movies of all time? Name five of your favorites...
Replies: 220
Views: 31232

Re: Funniest movies of all time? Name five of your favorites...

Fast Times at Ridgemont High

Caddyshack

Stripes

An Inconvenient Truth

Kingpin
by DanMahowny
Tue Jan 15, 2019 1:48 pm
Forum: Investing - Theory, News & General
Topic: How to avoid temptation to buy hot stocks or bitcoin?
Replies: 63
Views: 4225

Re: How to avoid temptation to buy hot stocks or bitcoin?

My investing career started 25 years ago when I purchased a "hot" stock. It was sure to "go up forever", everyone said.

I bought 200 shares at $28 p/shr.

Later sold at $0.34 per share.

It was a valuable lesson. One I'll never forget when I hear about a "hot" stock.
by DanMahowny
Tue Jan 15, 2019 1:42 pm
Forum: Investing - Help with Personal Investments
Topic: I know market timing is a fool's game but...
Replies: 59
Views: 4693

Re: I know market timing is a fool's game but...

It's not a popular strategy around here but I believe market timing is a viable plan. How about timing the market ONCE per DECADE? Here's what I did: 2009- I went 100% stocks because I believed the market was undervalued and better days were coming. 2018- I went 0% stocks because I believe a downtur...
by DanMahowny
Fri Jan 11, 2019 11:39 am
Forum: Personal Consumer Issues
Topic: Anyone raised 3 kids WITHOUT buying a 3-row vehicle?
Replies: 82
Views: 5513

Re: Anyone raised 3 kids WITHOUT buying a 3-row vehicle?

My parents did. And there were 4 kids.

We all sat in the back seat together. No seatbelts. Didn't care.
by DanMahowny
Wed Jan 09, 2019 2:49 pm
Forum: Personal Consumer Issues
Topic: Good Modern Science Fiction
Replies: 353
Views: 50028

Re: Good Modern Science Fiction

themesrob wrote:
Wed Jan 09, 2019 2:48 pm
Dark Matter by Blake Crouch was tremendous.
Yes. Hit that one a year ago. Already read it a second time. Tremendous indeed.
by DanMahowny
Wed Jan 09, 2019 2:46 pm
Forum: Personal Consumer Issues
Topic: Good Modern Science Fiction
Replies: 353
Views: 50028

Re: Good Modern Science Fiction

Currently reading "The Anubis Gates" per DigitalJanitor's recommendation.

I'm barely 30% into it, but it's very good. And I can tell it's worthy of a second reading in a month or two.
by DanMahowny
Wed Jan 09, 2019 12:32 pm
Forum: Personal Consumer Issues
Topic: Serovital- ????
Replies: 18
Views: 1002

Re: Serovital- ????

Seems very unlikely a fountain of youth is available for purchase at Costco.

But I'll share mine. It's free. And very real.

I quit alcohol at age 50 (18 months ago). Feel like I'm 35 again.
by DanMahowny
Wed Jan 09, 2019 7:33 am
Forum: Investing - Theory, News & General
Topic: A Test of Warren Buffett's 90:10 Retirement Portfolio
Replies: 33
Views: 4060

Re: A Test of Warren Buffett's 90:10 Retirement Portfolio

Even worse is Mr Buffett's diet. He eats like a 6 year old. Ice cream cones, popsicles, Cokes, and candy bars. Actually a 90/10 portfolio might be okay considering I'd be dead before I reach 60. You need to (re)-watch Woody Allen's Sleeper ;-). It is amazing what the 22nd century has discovered abo...
by DanMahowny
Tue Jan 08, 2019 4:40 pm
Forum: Personal Consumer Issues
Topic: Recommendations for a 9mm handgun
Replies: 171
Views: 12626

Re: Recommendations for a 9mm handgun

Smith & Wesson M&P R8 A state-of-the-art fighting revolver. Eight round capacity (.357 cartridge). It's big, light, tough, and accurate. Outfitted with a weapon light and a quality red dot sight, makes for an unstoppable nightstand gun. Of course, this may not be what you're looking for. Great threa...
by DanMahowny
Mon Jan 07, 2019 7:35 pm
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 4044
Views: 1101447

Re: What Movie Have You Recently Watched?

Bird Box.

Stopped at the 42 minute mark. Sandra Bullock looked too much like Michael Jackson- it was really freaking me out. Couldn't focus of the movie. Too bad because it seemed pretty good.

Does she really look like that? On purpose?
by DanMahowny
Mon Jan 07, 2019 3:26 pm
Forum: Investing - Theory, News & General
Topic: A Test of Warren Buffett's 90:10 Retirement Portfolio
Replies: 33
Views: 4060

Re: A Test of Warren Buffett's 90:10 Retirement Portfolio

I like Mr Buffett. Indeed, he has done very well. But doing as Warren does, and as Warren says, is probably a bad idea for the rest of us. A 90/10 portfolio in retirement is just crazy. Even worse is Mr Buffett's diet. He eats like a 6 year old. Ice cream cones, popsicles, Cokes, and candy bars. Act...
by DanMahowny
Mon Jan 07, 2019 12:49 pm
Forum: Personal Consumer Issues
Topic: What Book Are You Currently Reading? Part VI
Replies: 3524
Views: 1033993

Re: What Book Are You Currently Reading? Part VI

Agreed. I read Educated last summer. It stands as the best book I read in 2018.

Incredible story.
by DanMahowny
Sun Jan 06, 2019 3:34 pm
Forum: Personal Consumer Issues
Topic: How often do you deep clean?
Replies: 52
Views: 2380

Re: How often do you deep clean?

This thread can't be real. No way. It can't be.
by DanMahowny
Sat Jan 05, 2019 4:38 pm
Forum: Personal Finance (Not Investing)
Topic: $40,000 in debt, bankruptcy seems to be the best option right now
Replies: 258
Views: 20249

Re: $40,000 in debt, bankruptcy seems to be the best option right now

Bankruptcy isn't the answer here.

You are trying to plug a hole in a boat with more water.

Sorry man.
by DanMahowny
Fri Jan 04, 2019 3:46 pm
Forum: Personal Finance (Not Investing)
Topic: What Do You Spend The Most On Annually?
Replies: 158
Views: 8240

Re: What Do You Spend The Most On Annually?

Taxes. And I'm retired.
by DanMahowny
Fri Jan 04, 2019 8:25 am
Forum: Personal Consumer Issues
Topic: Retirees: any major goals for 2019?
Replies: 72
Views: 4445

Re: Retirees: any major goals for 2019?

I'm renting a beach house steps from the Gulf of Mexico for 30 days.

Mostly alone. Mostly tech free.

Relax. Read. Think.
by DanMahowny
Thu Jan 03, 2019 4:06 pm
Forum: Personal Consumer Issues
Topic: Good Modern Science Fiction
Replies: 353
Views: 50028

Re: Good Modern Science Fiction

Tim Powers, 'The Anubis Gates", a time travel / historical fiction / fantasy novel with compelling characters, great plot, and a twist. Also good are "Dinner at Deviant's Palace", "Last Call", and "The Drawing of the Dark". One that I keep coming back to is "The Killing Star" by Charles Pellegrino ...
by DanMahowny
Thu Jan 03, 2019 10:30 am
Forum: Personal Consumer Issues
Topic: Best Way to get rid of leaves
Replies: 77
Views: 7653

Re: Best Way to get rid of leaves

I use a blower to create a large pile, and then burn the pile.
by DanMahowny
Thu Jan 03, 2019 10:22 am
Forum: Personal Finance (Not Investing)
Topic: ug - seeking medical billing advice for ambulance ride
Replies: 45
Views: 3349

Re: ug - seeking medical billing advice for ambulance ride

Seems like you got a bargain to me. I'd pay it without hesitation.

You received expert medical care and a ride.

If I was in the same situation, I doubt I would've called an ambulance. Nothing in your post indicates a life threatening situation.
by DanMahowny
Wed Jan 02, 2019 5:33 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 10112
Views: 1784571

Re: U.S. stocks in free fall

AAPL provided a preview to what's coming throughout 2019.

Reduced guidance, missed earnings, disappointment will be order of the day.
by DanMahowny
Wed Jan 02, 2019 10:20 am
Forum: Personal Consumer Issues
Topic: Your ideal home size
Replies: 130
Views: 8285

Re: Your ideal home size

3BR, 2.5 bath. ranch home with a full (unfinished) basement 2,100-2,300 sq ft.

3 car attached garage

30'' x 40' pole barn
by DanMahowny
Tue Jan 01, 2019 4:17 pm
Forum: Investing - Theory, News & General
Topic: 2019 Hedge Fund Contest
Replies: 141
Views: 6499

Re: 2019 Hedge Fund Contest

"Funding Secured"

Long:
SLB
HAL

Short:
TSLA
by DanMahowny
Sat Dec 29, 2018 2:02 pm
Forum: Local Chapters and Bogleheads Community
Topic: My favorite Boglehead posters
Replies: 142
Views: 8083

Re: My favorite Boglehead posters

Every single Boglehead that disagrees with me, and challenges me. (perhaps a long list, HA!) This makes me think, consider alternatives, and ultimately makes me smarter. I honestly consider all opinions. Plus, I have read some excellent books due to recommendations from the "what book are you readin...
by DanMahowny
Sat Dec 29, 2018 2:00 pm
Forum: Personal Finance (Not Investing)
Topic: Father-in-law denied apartment for lack of income even though he has assets. What to do?
Replies: 77
Views: 7604

Re: Father-in-law denied apartment for lack of income even though he has assets. What to do?

Ron Ronnerson wrote:
Sat Dec 29, 2018 1:55 pm
DanMahowny wrote:
Sat Dec 29, 2018 1:54 pm
Pre-pay?
He offered to do that for the entire 12-month lease. They said that isn't allowed.

That's just nuts. Sorry man.
by DanMahowny
Sat Dec 29, 2018 1:52 pm
Forum: Investing - Theory, News & General
Topic: What are you up YTD? [Year To Date]
Replies: 2283
Views: 398958

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

Up 6.4% (net worth)

Savings and a little portfolio growth in 2018.

2019 net worth should increase about the same rate.
Short term treasuries, TIPs, and a little gold (ZERO equities).
Risk free, but limited growth prospects.
I'm happy with that for now.
by DanMahowny
Fri Dec 28, 2018 5:47 pm
Forum: Personal Finance (Not Investing)
Topic: Side Hustle? Passive Income?
Replies: 71
Views: 8388

Re: Side Hustle? Passive Income?

I have 2 side hustles.

1) Advantage gambler (blackjack, video poker, other)

2) YouTube channel for my dogs.
by DanMahowny
Fri Dec 28, 2018 3:57 pm
Forum: Personal Consumer Issues
Topic: Saving at Costco
Replies: 109
Views: 8104

Re: Saving at Costco

I enter Costco with a list. I only purchase what is on the list. Never an impulse purchase. Not even once.

I'm in as soon as they open the doors, and often arrive at checkout as they are just getting set up.

Of course, my annual spending is still VERY HIGH $$$$. Too high. Astonishing.
by DanMahowny
Fri Dec 28, 2018 9:47 am
Forum: Personal Finance (Not Investing)
Topic: FAFSA - is it worth filling out?
Replies: 108
Views: 5477

Re: FAFSA - is it worth filling out?

I did not fill it out. Not willing to trade intimate detail of my finances with no possibility of any benefit.

The end result is the same. I pay for everything.
by DanMahowny
Thu Dec 27, 2018 2:12 pm
Forum: Investing - Theory, News & General
Topic: Will the real contrarians please stand up?
Replies: 58
Views: 3962

Re: Will the real contrarians please stand up?

I'm a contrarian. I bought a new home in 2008 during the housing crash. I went 100% equities in 2009 when the world was burning. I have a massive short position on Tesla while everyone considers Musk a "genius" and Tesla is going to "change the world".. I sold all equities in 2018 when the market wa...
by DanMahowny
Wed Dec 26, 2018 12:19 pm
Forum: Personal Consumer Issues
Topic: Nice jeans for work with lowest average cost of ownership
Replies: 107
Views: 7290

Re: Nice jeans for work with lowest average cost of ownership

FlyAF wrote:
Wed Dec 26, 2018 10:30 am
Lowest cost of ownership for jeans? really?
This was my initial thought as well. HAHAHA.

Jeans last a lifetime IMO (assuming the owner remains the same size).

Anyway, I own both Levi's and LLBean jeans. Would recommend both.
by DanMahowny
Wed Dec 26, 2018 10:17 am
Forum: Personal Finance (Not Investing)
Topic: Niece divorce - house questions
Replies: 16
Views: 2032

Re: Niece divorce - house questions

Hire an attorney.

Any other opinion is worthless at best. And some opinions could lead to further problems.

Thankfully, there are many competent, experienced attorneys out there ready to serve.
by DanMahowny
Tue Dec 25, 2018 8:39 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 10112
Views: 1784571

Re: U.S. stocks in free fall

What are the robots doing when the market goes up?
by DanMahowny
Mon Dec 24, 2018 5:57 pm
Forum: Investing - Theory, News & General
Topic: Who's buying today? where's all the "dry powder" folks at? :)
Replies: 248
Views: 20863

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

Lots and lots of dry power here. It will remain dry powder for some time.

This downturn is going to be very long. We are going LOW.

Of course, there will be lots of relief rallies followed by further declines.

Dow 16,000 before I consider adding any equities.
by DanMahowny
Mon Dec 24, 2018 1:28 pm
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 4044
Views: 1101447

Re: What Movie Have You Recently Watched?

Dan Mahowny family will watch Christmas Vacation this evening.

It's our Christmas Eve tradition.
by DanMahowny
Mon Dec 24, 2018 10:32 am
Forum: Personal Consumer Issues
Topic: What Book Are You Currently Reading? Part VI
Replies: 3524
Views: 1033993

Re: What Book Are You Currently Reading? Part VI

I just finished The Obesity Code.

Fantastic book. Highly recommended.

Great thread here. I use it to build my reading list. Well done everyone.
by DanMahowny
Mon Dec 24, 2018 10:01 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 10112
Views: 1784571

Re: U.S. stocks in free fall

So glad to be 0% equities. Feels great to sit this one out. The amount of money I'm NOT LOSING is incredible. I predicted this and caught a lot of grief for it. Wish you guys came along with me. It's not too late to get out, this is just the beginning. If you're younger than 40 years old, none of th...
by DanMahowny
Fri Oct 26, 2018 9:24 am
Forum: Personal Consumer Issues
Topic: Talk me out of buying a Tesla Model 3
Replies: 338
Views: 23551

Re: Talk me out of buying a Tesla Model 3

emoore wrote:
Thu Oct 25, 2018 11:11 pm
Don’t forget about Dan Mahowny telling us Tesla is going bankrupt!
Well done emoore! Thanks for remembering me, man.
by DanMahowny
Fri Oct 26, 2018 9:18 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 10112
Views: 1784571

Re: U.S. stocks in freefall

So you retired in 2008, that’s gutsy! 2008 yes. Gutsy no. I was self-employed, working as a consultant for a steel supplier in a General Motors facility. When GM entered bankruptcy, the facility was closed permanently, and my "job" disappeared. I had no plans to retire in 2008, but that's how it ha...
by DanMahowny
Fri Oct 26, 2018 8:50 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 10112
Views: 1784571

Re: U.S. stocks in freefall

Because the success of his IPS requires it. All cash until DOW 16K (correct me if wrong Dan). Also curious how your TSLA short is doing lately. I retired when I was 42. And made lots of money over the last 10 years, 100% stocks. There is no reason to remain in equities. I can live very well on divi...
by DanMahowny
Fri Oct 26, 2018 8:40 am
Forum: Personal Consumer Issues
Topic: Unplugging from Tech Tips
Replies: 38
Views: 3003

Re: Unplugging from Tech Tips

A few years ago I would avoid ALL screens on Sundays. No phone. No computer. No tablet. No television. Nothing with a screen.
by DanMahowny
Thu Oct 25, 2018 4:14 pm
Forum: Investing - Help with Personal Investments
Topic: Sale of Stock-Pfizer
Replies: 9
Views: 586

Re: Sale of Stock-Pfizer

MotoTrojan wrote:
Thu Oct 25, 2018 12:44 pm
I'd sell today.
Yes. Do this.
by DanMahowny
Thu Oct 25, 2018 4:10 pm
Forum: Investing - Theory, News & General
Topic: Teach children to save 10% from day one...?
Replies: 31
Views: 2294

Re: Teach children to save 10% from day one...?

I tried this. I wanted to make it mandatory, but let my kids decide.

My daughter followed my advice. She's 22, and has a fair amount of money invested.

My son rejected my advice. He is 19, and broke.
by DanMahowny
Thu Oct 25, 2018 4:01 pm
Forum: Personal Consumer Issues
Topic: What Book Are You Currently Reading? Part VI
Replies: 3524
Views: 1033993

Re: What Book Are You Currently Reading? Part VI

MJW wrote:
Thu Oct 25, 2018 1:36 pm
ResearchMed wrote:
Thu Oct 25, 2018 1:32 pm
I'm not sure he ever matched The Firm, with a few of the crucial twists and turns.

RM
Yeah, that one is at the top of my list. I enjoyed the complexity of it and the world he built in around the law firm.
For sure. Such a great book. Wish I could go back and read it again for the first time.