Search found 156 matches

by DanMahowny
Tue Feb 20, 2018 7:12 pm
Forum: Personal Finance (Not Investing)
Topic: Auto Ins. Drop Comprehensive and Collision?
Replies: 13
Views: 848

Re: Auto Ins. Drop Comprehensive and Collision?

I have a 2015 Honda Accord- liability only.

Wife drives a 2015 Subaru Forester- liability only.

We've been doing it this way for 25 years.
by DanMahowny
Tue Feb 20, 2018 6:17 pm
Forum: Personal Consumer Issues
Topic: Golf Bag
Replies: 21
Views: 1293

Re: Golf Bag

I have a Sun Mountain and a Titleist stand bag. Both are great, but not cheap.

Stand bags must be well built to last. Also need to be lightweight. That's a tough combination. Avoid cheap bags.
by DanMahowny
Sat Feb 17, 2018 5:27 pm
Forum: Personal Finance (Not Investing)
Topic: What has been your most important skill in achieving financial independence?
Replies: 164
Views: 10622

Re: What has been your most important skill in achieving financial independence?

Ged wrote:
Sat Feb 17, 2018 12:55 pm
Marrying a smart frugal hard working woman.
You must know my wife?
by DanMahowny
Sat Feb 17, 2018 8:47 am
Forum: Personal Consumer Issues
Topic: Cell phone service
Replies: 38
Views: 2463

Re: Cell phone service

Check out Google Fi.

We pay $40-$45 p/mo for 2 lines.
by DanMahowny
Fri Feb 16, 2018 2:16 pm
Forum: Personal Finance (Not Investing)
Topic: Job is starting to suck the life out of me.
Replies: 80
Views: 9362

Re: Job is starting to suck the life out of me.

Working sucks. I started working at age 18, fresh out of high school. I quickly realized that working sucks. I decided that 25 years is enough, and made a plan to retire young.

I worked the plan and retired at age 42 (9 years ago). Life is great now.
by DanMahowny
Fri Feb 16, 2018 2:13 pm
Forum: Local Chapters and Bogleheads Community
Topic: Your USER NAME...what does it mean?
Replies: 400
Views: 38810

Re: Your USER NAME...what does it mean?

Dan Mahowny is the main character in the movie "Owning Mahowny" played by Phillip Seymour Hoffman. A true story about a banker that steals millions to feed his compulsive gambling habit. Great movie!
by DanMahowny
Sun Feb 11, 2018 7:17 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 5600
Views: 1264857

Re: U.S. stocks in freefall

DOW currently 24,191

Next Friday's close 22,781 or lower.
by DanMahowny
Sat Feb 10, 2018 6:08 pm
Forum: Investing - Theory, News & General
Topic: Does Anyone Know Anything?
Replies: 36
Views: 3393

Re: Does Anyone Know Anything?

I see lots of guys in their late 60s and 70's on CNBC explaining what's happening and why. "this indicator shows the market was going to decline" "this indicator shows the market was going to go higher" And if you listen carefully, you'll hear them make vague predictions that completely contradict e...
by DanMahowny
Fri Feb 09, 2018 5:31 pm
Forum: Investing - Theory, News & General
Topic: "The stock market is officially in a correction... here's what usually happens next"
Replies: 83
Views: 13181

Re: "The stock market is officially in a correction... here's what usually happens next"

Taylor Larimore wrote:
Fri Feb 09, 2018 4:38 pm
Thanks for the reply, but I am still curious: "What will you do if equities don't decline 40%?"
If equities do not decline:
I will do nothing. I believe I have enough money now.
by DanMahowny
Fri Feb 09, 2018 3:14 pm
Forum: Investing - Theory, News & General
Topic: "The stock market is officially in a correction... here's what usually happens next"
Replies: 83
Views: 13181

Re: "The stock market is officially in a correction... here's what usually happens next"

DanMahnowny: What will you do if equities don't decline 40%? Best wishes. Taylor Hi Taylor, Indeed, if the market rockets higher, then I missed out on substantial gains. And that would suck for me. Also, I'm well aware of that possibility. I would not recommend my "strategy" to anyone. If members o...
by DanMahowny
Fri Feb 09, 2018 1:46 pm
Forum: Investing - Theory, News & General
Topic: "The stock market is officially in a correction... here's what usually happens next"
Replies: 83
Views: 13181

Re: "The stock market is officially in a correction... here's what usually happens next"

Okay, I'll admit it. I'm a market timer now. It started in 2009 when I went from 70/30 to 100% equities because they were cheap IMO. Stayed 100/0 until Oct 2017- went to 30/70 because equities are overpriced IMO. When my FB friends were posting their 401k statements online, I went to 20/80. I'll get...
by DanMahowny
Thu Feb 08, 2018 7:25 pm
Forum: Personal Consumer Issues
Topic: Tip amount for daily newspaper delivery
Replies: 21
Views: 1142

Re: Tip amount for daily newspaper delivery

Years ago, I had a WSJ subscription. The girl that delivered the paper was fabulous.

I tipped her $100 at Christmas. Looking back, I probably should've gave her more.
by DanMahowny
Thu Feb 08, 2018 7:20 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 5600
Views: 1264857

Re: U.S. stocks in freefall

How do you know the market is overvalued today? 1) In late January, people were posting pics of their 401k statements on Facebook, bragging about how rich they were getting and were virtually guaranteed of an early retirement. 2) And I know a few friends and family that are actually borrowing money...
by DanMahowny
Thu Feb 08, 2018 3:47 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 5600
Views: 1264857

Re: U.S. stocks in freefall

Dow 14,000 by 2019-20. Here we go.
by DanMahowny
Thu Feb 08, 2018 12:49 pm
Forum: Investing - Theory, News & General
Topic: How to short TSLA?
Replies: 50
Views: 2648

Re: How to short TSLA?

MuskLiesMatter
BalanceSheetsMatter
IncomeStatementsMatter
ValuationsMatter

Short the stock, be patient, you'll be rewarded nicely. Just be prepared for the backlash if you mention it later- some people around here get angry at anyone that's not a full fledged TSLA cheerleader.
by DanMahowny
Thu Feb 08, 2018 10:29 am
Forum: Personal Finance (Not Investing)
Topic: free dinner investing seminar
Replies: 245
Views: 15792

Re: free dinner investing seminar

My wife and I attended one at a Ruth Chris Steakhouse a few years back. I had no intention of buying what they were selling and didn’t do so. The dinner was delicious and the sales guy wasn’t aggressive at all. If he had been, that would’ve been fine with me since I have no problem saying no. I’ve ...
by DanMahowny
Thu Feb 08, 2018 10:19 am
Forum: Investing - Theory, News & General
Topic: How to short TSLA?
Replies: 50
Views: 2648

Re: How to short TSLA?

Shorting TSLA is an excellent idea. People will eventually realize that Musk is a snake oil salesman.

The mechanics of shorting a stock are pretty simple. I did it for the first time without any assistance.
by DanMahowny
Tue Feb 06, 2018 4:49 pm
Forum: Investing - Theory, News & General
Topic: Market Timing
Replies: 71
Views: 3632

Re: Market Timing

Dillinger wrote:
Tue Feb 06, 2018 4:45 pm
I find making money to be enjoyable.
Me too, brother. Me too.

Each morning I stroll into my home office in my pj's and say to myself, "How can I make money today?"
by DanMahowny
Tue Feb 06, 2018 8:39 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 5600
Views: 1264857

Re: U.S. stocks in freefall

Bacchus01 wrote:
Tue Feb 06, 2018 8:32 am
2008-2009?
Yes, where's that?

Also, I see no declines over 20%? We've been thru much worse than 20%.

Am I looking at this wrong?
by DanMahowny
Mon Feb 05, 2018 4:02 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 5600
Views: 1264857

Re: U.S. stocks in freefall

Kinda bummed we didn't hit -2000 on the Dow.

Gotta wait for tomorrow's action, I guess.
by DanMahowny
Mon Feb 05, 2018 3:27 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 5600
Views: 1264857

Re: U.S. stocks in freefall

Damn, I was cheering for a 2,000 point drop.

Oh well, I'll wait until tomorrow.
by DanMahowny
Mon Feb 05, 2018 2:36 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 5600
Views: 1264857

Re: U.S. stocks in freefall

letsgobobby wrote:
Mon Feb 05, 2018 12:24 pm
I sure hope not. Need at least a 30% market decline to make stocks at all attractive for the long run.
I'm looking for a 50% decline. That'd be fabulous!
by DanMahowny
Fri Feb 02, 2018 4:08 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 5600
Views: 1264857

Re: U.S. stocks in freefall

bligh wrote:
Fri Feb 02, 2018 3:53 pm
These delighted posts will look so sad if this is the start of a deep, multi year bear market. :shock:
Indeed. I hope this week is the beginning of a multi-year 50% decline in equities.
by DanMahowny
Wed Jan 31, 2018 2:55 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 5600
Views: 1264857

Re: U.S. stocks in freefall

solid advice RRAAYY3
by DanMahowny
Wed Jan 31, 2018 11:16 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 5600
Views: 1264857

Re: U.S. stocks in freefall

I'm curious.. do you have a sizable cash on the sideline all the time waiting for the next crash? I'm around 30% equities, 70% cash/short-term bonds. Been this way for a couple months. I hit "my number" and feel confident that I have "enough" now, so I didn't feel like losing big if the market cras...
by DanMahowny
Tue Jan 30, 2018 7:28 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 5600
Views: 1264857

Re: U.S. stocks in freefall

ruralavalon wrote:
Tue Jan 30, 2018 7:23 pm
DanMahowny wrote:
Tue Jan 30, 2018 4:38 pm
I hope this is the beginning of a multi-year 50% decline.
I hope you don't lose your job when that crash happens.
I lost my job in Dec 2007. Haven't worked since.
by DanMahowny
Tue Jan 30, 2018 4:41 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 5600
Views: 1264857

Re: U.S. stocks in freefall

Dottie57 wrote:
Tue Jan 30, 2018 4:39 pm
DanMahowny wrote:
Tue Jan 30, 2018 4:38 pm
I hope this is the beginning of a multi-year 50% decline.

As I am retiring on 3/2 I hope you are wrong.
I lost my job/retired when the market crashed in 2008.
by DanMahowny
Tue Jan 30, 2018 4:38 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 5600
Views: 1264857

Re: U.S. stocks in freefall

I hope this is the beginning of a multi-year 50% decline.
by DanMahowny
Mon Jan 29, 2018 3:27 pm
Forum: Personal Consumer Issues
Topic: what do/did you do with your evenings with a Toddler in winters ?
Replies: 63
Views: 3900

Re: what do/did you do with your evenings with a Toddler in winters ?

Build HotWheels tracks in basement. This was my goto activity.

Perhaps it was more for MY entertainment, than the toddler's?

Playdoh, Slinky served as backups.
by DanMahowny
Mon Jan 29, 2018 10:39 am
Forum: Personal Consumer Issues
Topic: Still using a 5 year old iphone 5. Who's with me? No new phones!!!
Replies: 151
Views: 8526

Re: Still using a 5 year old iphone 5. Who's with me? No new phones!!!

Are you on a phone contract or a prepaid plan? If the former, an infected phone can send messages or make calls to premium numbers and rack up a huge bill. Alternately, an infected phone could continually send your precise location to who knows who. What they do with that information is up to them....
by DanMahowny
Mon Jan 29, 2018 10:37 am
Forum: Personal Consumer Issues
Topic: Still using a 5 year old iphone 5. Who's with me? No new phones!!!
Replies: 151
Views: 8526

Re: Still using a 5 year old iphone 5. Who's with me? No new phones!!!

Tell me your thoughts on the Pixel, good and bad. That may be my next phone, although I would be coming from Apple so will have more of a learning curve. Hi Dia, Lots to like with the Pixel 2 XL. Very impressed so far. Also, I love the Google Fi service. Haven't encountered any negatives yet. Other...
by DanMahowny
Sat Jan 27, 2018 7:40 pm
Forum: Personal Consumer Issues
Topic: Still using a 5 year old iphone 5. Who's with me? No new phones!!!
Replies: 151
Views: 8526

Re: Still using a 5 year old iphone 5. Who's with me? No new phones!!!

I read this thread and shake my head. I don't know how you could be proud of using devices that stopped getting security updates in some cases years ago. Doesn't matter if you are careful about what sites you visit or apps you install. You are putting everything you have on your phone at risk by us...
by DanMahowny
Sat Jan 27, 2018 4:01 pm
Forum: Personal Consumer Issues
Topic: Still using a 5 year old iphone 5. Who's with me? No new phones!!!
Replies: 151
Views: 8526

Re: Still using a 5 year old iphone 5. Who's with me? No new phones!!!

Just yesterday, I replaced my 5+ year old Samsung Galaxy S3.

Upgraded to a Google Pixel 2 XL, and the Google Fi network.
by DanMahowny
Sat Jan 27, 2018 11:48 am
Forum: Investing - Help with Personal Investments
Topic: Ray Dalio/Tony Robbins All-Weather portfolio questions
Replies: 26
Views: 2145

Re: Ray Dalio/Tony Robbins All-Weather portfolio questions

The portfolio back tests very well, and that's why it was in the book. It was designed in hindsight.

30 years from now, I'll be able to construct a portfolio that'll back test well from 2018-2047.
by DanMahowny
Wed Jan 24, 2018 1:13 pm
Forum: Personal Consumer Issues
Topic: Buying This Week: IPhone X or IPhone 8 Plus
Replies: 35
Views: 3011

Re: Buying This Week: IPhone X or IPhone 8 Plus

kerplunk wrote:
Wed Jan 24, 2018 12:14 pm
Why are you replacing the iPhone 6 Plus?

I would bring it to the Apple Store and get the $29 battery replacement to extend its life and improve its performance. The next iPhone X will be out in September and it’s going to be much better.
Excellent advice. Well done.
by DanMahowny
Wed Jan 24, 2018 12:58 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 5600
Views: 1264857

Re: U.S. stocks in freefall

sreynard wrote:
Wed Jan 24, 2018 12:48 pm
S&P 500 down 28%! It's a blood bath!
Personally, I would love to see a 28% drop in the S&P500.

No doubt, it'll happen someday. Wonder if I'll live to see it?
by DanMahowny
Thu Jan 18, 2018 12:08 pm
Forum: Personal Consumer Issues
Topic: 4k UHD TVs worth it?
Replies: 66
Views: 5052

Re: 4k UHD TVs worth it?

Before football season, I bought 3 of them. 75" 65" and 55". Paid around $5k total, I think.

They are fabulous. You will get a much improved picture watching regular HD content, and 4k is amazing.
by DanMahowny
Thu Jan 18, 2018 9:43 am
Forum: Personal Consumer Issues
Topic: To take or not to take delivery of Tesla 3
Replies: 460
Views: 37446

Re: To take or not to take delivery of Tesla 3

Wow these new "features" seem half-baked. I am a huge fan of tech (I have a VW e-Golf that I love), but the self-driving stuff.....it ain't ready yet. Yet, many smart people are paying for features that DON'T EXIST. Musk seems to be the only person that can charge people money for his dreams, and g...
by DanMahowny
Mon Jan 15, 2018 5:57 pm
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 3352
Views: 963141

Re: What Movie Have You Recently Watched?

I saw Get Out after hearing everyone praise it. I thought it was boring and predictable.

Now everyone says Molly's Game is great. I watched it. Thought it was decent. But definitely not in the same universe as Rounders.

Seems the bar for a "good movie" has been lowered substantially. I give up.
by DanMahowny
Mon Jan 15, 2018 12:55 pm
Forum: Investing - Theory, News & General
Topic: Dave Ramsey's Millionaire Study
Replies: 59
Views: 10701

Re: Dave Ramsey's Millionaire Study

Not sure what's the value of obtaining my IP address.

It doesn't provide an exact location (street address), or phone number, or name, or email.

At least I think that's correct. Or perhaps I'm stupid- that's what my teenage kids tell me.

Please enlighten me. Thanks.
by DanMahowny
Sun Jan 14, 2018 12:58 pm
Forum: Investing - Theory, News & General
Topic: Dave Ramsey's Millionaire Study
Replies: 59
Views: 10701

Re: Dave Ramsey's Millionaire Study

I completed the survey.

Did not leave my email address.
by DanMahowny
Fri Jan 12, 2018 8:38 pm
Forum: Personal Consumer Issues
Topic: Best Movies of 2017
Replies: 35
Views: 2936

Re: Best Movies of 2017

John Wick 2
by DanMahowny
Fri Jan 12, 2018 8:33 pm
Forum: Investing - Theory, News & General
Topic: Energy sector time to turn around?
Replies: 45
Views: 4095

Re: Energy sector time to turn around?

I have no idea what the future holds, but I've owned an energy fund since last year. I'm a believer in reversion to the mean, and I tilt to sectors of markets and whole markets that have the poorest previous 5 and 10 year records. Energy is down at the bottom of that 5-10 year list along with emerg...
by DanMahowny
Thu Jan 11, 2018 11:59 am
Forum: Personal Consumer Issues
Topic: Trying to downsize but still too much stuff
Replies: 59
Views: 5880

Re: Trying to downsize but still too much stuff

3 years from now, my wife and I are going to get in the car and drive South, with only a wallet, cell phone, and the clothes we are wearing. Destination unknown.

In the meantime, we'll get rid of EVERYTHING.

Remember, the things you own end up owning you.
by DanMahowny
Wed Jan 10, 2018 3:48 pm
Forum: Investing - Help with Personal Investments
Topic: What would you do with a 25 million windfall?
Replies: 47
Views: 2946

Re: What would you do with a 25 million windfall?

Buy short term treasuries.

Withdraw 4% per year.

Enjoy life. (doing that now, but with much less $$)
by DanMahowny
Mon Jan 08, 2018 5:18 pm
Forum: Personal Consumer Issues
Topic: Anyone disenchanted with retirement?
Replies: 184
Views: 20124

Re: Anyone disenchanted with retirement?

Disenchanted with retirement?

No . . . . . actually,
HELL NO.
by DanMahowny
Sat Jan 06, 2018 10:21 pm
Forum: Personal Consumer Issues
Topic: To take or not to take delivery of Tesla 3
Replies: 460
Views: 37446

Re: To take or not to take delivery of Tesla 3

Cramerica wrote:
Fri Jan 05, 2018 9:06 pm
Other days I feel like...what the hell. 49k after credits ain't that bad for something I will drive for at least 7 years :mrgreen: :sharebeer
That's how I feel about my nicely equipped 2015 Honda Accord. But it only cost $19k new. I could've bought 2 of them and had $11k left over.
by DanMahowny
Fri Jan 05, 2018 7:58 pm
Forum: Personal Finance (Not Investing)
Topic: Downsizing to one car in retirement...
Replies: 68
Views: 4157

Re: Downsizing to one car in retirement...

One car is our plan for the future. We both currently drive 2015 models. When they need replaced, we will do it with one car.

It's not just a means to save money either. I like the simplicity of it.

The things you own end up owning you.