Search found 353 matches

by ThePrince
Wed Nov 14, 2018 2:10 pm
Forum: Investing - Theory, News & General
Topic: 2 Fund Ports: Everything You NEED?
Replies: 14
Views: 1449

Re: 2 Fund Ports: Everything You NEED?

I’ve started directing new money to the Globalist portfolio (i.e., VT+BNDW). M1 Finance makes funding and portfolio management a breeze.
by ThePrince
Fri Nov 09, 2018 10:15 pm
Forum: Investing - Theory, News & General
Topic: Anyone ever “borrow” against their emergency fund?
Replies: 23
Views: 2483

Re: Anyone ever “borrow” against their emergency fund?

brad.clarkston wrote:
Mon Nov 05, 2018 11:01 pm
No not for something that shallow. Once you start taking from it you (as in general human beings) can/will start to rationalize just about any justification.

It's a EF fund keep it as such.
Bingo.
by ThePrince
Mon Oct 29, 2018 12:54 pm
Forum: Personal Finance (Not Investing)
Topic: Should I co-sign for relative?
Replies: 103
Views: 4925

Re: Should I co-sign for relative?

Rupert wrote:
Mon Oct 29, 2018 11:26 am
If they need a co-signer, they can't afford the car.
Bingo!
by ThePrince
Wed Oct 24, 2018 8:11 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Why International Diversification Works
Replies: 119
Views: 9384

Re: Larry Swedroe: Why International Diversification Works

FIBoston wrote:
Wed Oct 24, 2018 1:27 pm
So basically what we're saying here is VT is the way to go for the equity portion of a portfolio?
That is what I have been moving towards.
by ThePrince
Wed Oct 24, 2018 8:08 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Why International Diversification Works
Replies: 119
Views: 9384

Re: Larry Swedroe: Why International Diversification Works

Standard deviation is one measure of risk, but how do you quantify a future event where one country goes the way of Rome and you happen to be 100% invested in that one country? Why not spread out your eggs into multiple baskets if you "know" in advance the returns will be the same? You can enjoy th...
by ThePrince
Wed Oct 24, 2018 6:39 pm
Forum: Investing - Help with Personal Investments
Topic: Reaction to Market
Replies: 71
Views: 7648

Re: Reaction to Market

What is your alternative?
by ThePrince
Tue Oct 23, 2018 8:06 pm
Forum: Investing - Help with Personal Investments
Topic: Schwab Intelligent Portfolio is crashing...
Replies: 36
Views: 3932

Re: Schwab Intelligent Portfolio is crashing...

After much research, a lot on this board, I decided to leave EDJ and roll my money into Scwab, this was in April 2018. After speaking with one of their reps, I decided to go with the Intelligent Advisory, solution. They also setup a brokerage account for me with about 15% of my assets. I had a tota...
by ThePrince
Sun Oct 21, 2018 1:30 pm
Forum: Investing - Help with Personal Investments
Topic: Robo or Self managed?
Replies: 15
Views: 1544

Re: Robo or Self managed?

Thanks guys for all your excellent recommendations. I've been looking into M1 Finance and would like to move my IRAs and old 401Ks to M1. Is that a good platform? Would like your expert advise on how to allocate funds (buy individual stocks or go with the Lazy portfolios) for my IRAs and old 401Ks....
by ThePrince
Wed Oct 17, 2018 1:39 pm
Forum: Investing - Theory, News & General
Topic: "Why Jack Bogle Doesn't Own Non-U.S. Stocks"
Replies: 203
Views: 11301

Re: "Why Jack Bogle Doesn't Own Non-U.S. Stocks"

jibantik wrote:
Tue Oct 16, 2018 10:41 pm
venkman wrote:
Tue Oct 16, 2018 9:50 pm
"Nobody knows nothin'. Except when it comes to whether or not you should own international stocks."
+1
lostdog wrote:
Tue Oct 16, 2018 10:01 pm
"Buy the haystack!" except for international...
+2

Go total world sheeple. It is THE boglehead fund.
This is what I have recently done. Otherwise, you’re placing bets.
by ThePrince
Sat Oct 13, 2018 12:49 pm
Forum: Investing - Help with Personal Investments
Topic: Home Depot Stock
Replies: 16
Views: 1785

Re: Home Depot Stock

Bogleheads, I have a friend who invested in Home Depot stock via its employee stock purchase plan back in 1996. These are common shares; he wasn't high up the food chain. As you can imagine, the modest amount he invested has grown quite a bit since then. I'm helping him simplify and improve his inv...
by ThePrince
Sat Oct 13, 2018 12:13 pm
Forum: Investing - Help with Personal Investments
Topic: Does Timing Matter? 3 Fund Portfolio
Replies: 39
Views: 2816

Re: Does Timing Matter? 3 Fund Portfolio

True - "exploded" was probably too strong of a term. Also - in response to the 30% bond allocation. It does seem like a lot, but I was just following what is recommended in Taylor Larimore's "The Bogleheads' Guide to the Three-Fund Portfolio" which says the bond allocation % should be around your a...
by ThePrince
Tue Oct 09, 2018 8:26 pm
Forum: Investing - Help with Personal Investments
Topic: M1 Finance - Starting a 3 Fund Portfolio
Replies: 10
Views: 1179

Re: M1 Finance - Starting a 3 Fund Portfolio

I just opened an M1 account and effected the quintessential Bogleheads portfolio—Vanguard Total World Stock Index ETF (VT) and Vanguard Total World Bond Index (BNDW). Liking it thus far.
by ThePrince
Sun Oct 07, 2018 5:01 pm
Forum: Investing - Theory, News & General
Topic: Why not a 2 fund portfolio like Bogle suggests
Replies: 79
Views: 13832

Re: Why not a 2 fund portfolio like Bogle suggests

I don't have know of a real world way to compare the returns of a low cost fund of strictly US government bonds to low cost combination of US government bonds and USD hedged developed market sovereign bonds. As far as I know, such funds do not exist My contention, without evidence , is that there w...
by ThePrince
Sun Oct 07, 2018 4:55 pm
Forum: Investing - Help with Personal Investments
Topic: Short term investing
Replies: 7
Views: 613

Re: Short term investing

If the intention is for this money to constitute an emergency fund, take a look at Betterment’s Safety Net Portfolio.
by ThePrince
Sun Sep 30, 2018 7:47 pm
Forum: Personal Finance (Not Investing)
Topic: New Relationship - Best way to handle finances?
Replies: 92
Views: 6898

Re: New Relationship - Best way to handle finances?

OP, run and don’t get yourself and family in a situation like this again.
by ThePrince
Sat Sep 29, 2018 10:02 am
Forum: Investing - Theory, News & General
Topic: SEC charges Musk with Fraud!
Replies: 117
Views: 10807

Re: SEC charges Musk with Fraud!!!

Warren Buffett claims that when you are long term holder of stock you are happy to see it go down in value cause can buy more cheaper. I like Warren and I like Tesla, a great American company, this is a good buying opportunity in the making, though I am patient to wait for further dips. Last time b...
by ThePrince
Sat Sep 29, 2018 9:42 am
Forum: Investing - Theory, News & General
Topic: Should we stay in Crazytown because there's no where to run?
Replies: 129
Views: 14994

Re: Should we stay in Crazytown because there's no where to run?

ImUrHuckleberry wrote:
Sat Sep 29, 2018 9:09 am
People were saying the same thing 5 years ago and 4 years ago and 3 years ago...
+1
by ThePrince
Sun Sep 23, 2018 6:17 pm
Forum: Investing - Help with Personal Investments
Topic: Emotional Investor - I'm a mess and need help!
Replies: 83
Views: 6440

Re: Emotional Investor - I'm a mess and need help!

camillus wrote:
Sun Sep 23, 2018 12:56 pm
Stated goal: Find a way to be more involved in investing.

Problem: You are a horrible investor. Sorry.

Solution: Change the goal so that you are involved as little as possible with your investing.
+1
by ThePrince
Fri Sep 21, 2018 6:01 pm
Forum: Personal Consumer Issues
Topic: Recommend a To-do app please.
Replies: 26
Views: 2024

Re: Recommend a To-do app please.

OmniFocus for GTD adherents.
by ThePrince
Tue Sep 18, 2018 9:40 pm
Forum: Personal Finance (Not Investing)
Topic: Elderly parents are in debt - Need advice
Replies: 39
Views: 4855

Re: Elderly parents are in debt - Need advice

mptfan wrote:
Tue Sep 18, 2018 9:11 pm
Did your parents ask for your advice?
If he and/or his siblings will be the ones picking up the pieces and expense of his/their parent’s wreckless behavior and bad choices, he nor his siblings have to wait until asked before providing spot on advice.
by ThePrince
Mon Sep 17, 2018 10:40 pm
Forum: Investing - Theory, News & General
Topic: Equity in house / Do you use it?
Replies: 56
Views: 3565

Re: Equity in house / Do you use it?

JaneyLH wrote:
Mon Sep 17, 2018 10:31 pm
No. No. No.
+1
by ThePrince
Sat Sep 15, 2018 11:21 am
Forum: Investing - Theory, News & General
Topic: Age in Bonds - Still Recommended?
Replies: 152
Views: 11893

Re: Age in Bonds - Still Recommended?

I want to retire early, so I won’t be following the age in bonds concept.
by ThePrince
Sun Sep 09, 2018 7:29 pm
Forum: Personal Finance (Not Investing)
Topic: Anyone else playing catch-up in their 40's?
Replies: 68
Views: 7412

Re: Anyone else playing catch-up in their 40's?

Yes, here are steps we've taken (to maximize saving): Get rid of Amazon prime. Too easy to spend money on crap you don't need. Get rid of cable. Use only a work mobile phone (if provided). Get rid of land line phone. Stop eating out. Learn to cook. If you eat out, find a reasonable place to eat out...
by ThePrince
Thu Sep 06, 2018 7:51 pm
Forum: Personal Finance (Not Investing)
Topic: To Be or Not to Be...Married
Replies: 135
Views: 4977

Re: To Be or Not to Be...Married

Marriage is not a financial decision. I disagree! It is ALL about fiance, taxes, inheritance, estate. If it is only about love then one can commit to exclusive relationship, monogamy, without any ceremony, church, or religion. So does it follow that you would pick whom you marry (if at all) based o...
by ThePrince
Mon Sep 03, 2018 9:56 pm
Forum: Investing - Theory, News & General
Topic: ESPP as emergency fund
Replies: 7
Views: 699

Re: ESPP as emergency fund

I think during the first 12 months, which will be 4 purchasing periods, I will let the stock accumulate, and then decide how to proceed going forward. As I mentioned initially, the amount will be a small percentage of my overall investments, so the risk is minimal. It's not as though I'm betting th...
by ThePrince
Sat Sep 01, 2018 7:34 pm
Forum: Investing - Help with Personal Investments
Topic: Edward Jones advising roll over 401K to their IRA
Replies: 44
Views: 3809

Re: Edward Jones advising roll over 401K to their IRA

I am not an educated investor by any means. My gut instinct tells me to veer away from my Edward Jones advisor. He is my advisor because that is who my employer uses to manage the Simple IRA (Guided Solutions Fund Account)that they use as a retirement vehicle. I invest an equal amount in the Simple...
by ThePrince
Sat Sep 01, 2018 3:00 pm
Forum: Investing - Theory, News & General
Topic: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!
Replies: 1247
Views: 105908

Re: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!

So now one of the arguments for international is that the US dollar might collapse, while the rest of the world hums along....surely no one actually believes that. Folks are working hard to find some reason to hold ex-US... The normal Boglehead argument that it does well if you keep it for the long...
by ThePrince
Sat Sep 01, 2018 2:56 pm
Forum: Investing - Help with Personal Investments
Topic: So who's rebalancing stocks to bonds right now?
Replies: 38
Views: 4666

Re: So who's rebalancing stocks to bonds right now?

livesoft wrote:
Sat Sep 01, 2018 11:47 am
If one was disciplined, wouldn't one really be rebalancing from US stocks to International stocks right now?
+1. One of the reasons I use Betterment and Blooom. No behavioral/emotional traps for me.
by ThePrince
Sat Sep 01, 2018 1:35 pm
Forum: Personal Consumer Issues
Topic: The twenty dollar rule
Replies: 44
Views: 3946

Re: The twenty dollar rule

To substitute for a budget I asked my wife to tell me before every time she spent more than $20 on groceries or things she needed for work. These are the purchases she deferred or skipped this month because of the rule: Aladdin pin, sandals, lots of clothes, necklaces for our elementary school daug...
by ThePrince
Sat Sep 01, 2018 11:36 am
Forum: Investing - Theory, News & General
Topic: Rebalancing Frequency? Daily vs annually?
Replies: 34
Views: 2473

Re: Rebalancing Frequency? Daily vs annually?

I think, perhaps, behavioral studies might be more important, if any exist? I know it was very difficult to actually execute a rebalancing strategy in 2008-09. With target retirement fund this is taken out of your hands, so you know it will actually be implemented. So assuming you definitely want t...
by ThePrince
Fri Aug 31, 2018 7:40 pm
Forum: Personal Finance (Not Investing)
Topic: Emergency fund size
Replies: 72
Views: 6578

Re: Emergency fund size

Roth IRA contributions can be withdrawn without penalty or tax (you already paid them) , this makes the ROTH perfect for funding retirement, but also providing for a 2nd or 3rd tier of your emergency fund. Normally, you do not want to touch this money, but if you have to put food on the table, it i...
by ThePrince
Wed Aug 29, 2018 11:14 pm
Forum: Personal Finance (Not Investing)
Topic: 0% card to another 0%?
Replies: 21
Views: 1392

Re: 0% card to another 0%?

Last year we bought a house and used a 0% card to fund house purchases such as furniture etc. Theres $10k left on the card that 0% runs out in Oct. We've had the cash for a while to pay it off but keeping that in a money market earning 1.85% Plan was to pay it off next month but we just got a card ...
by ThePrince
Wed Aug 29, 2018 11:09 pm
Forum: Investing - Theory, News & General
Topic: "6 Reasons The Rich Should Pay-Off Their Mortgage"
Replies: 196
Views: 36548

Re: "6 Reasons The Rich Should Pay-Off Their Mortgage"

Bogleheads: Boglehead Jim Dahle has written a very helpful article for wealthy Bogleheads with extra cash who cannot decide whether to pay-off their mortgage or invest in stocks & bonds: 6 Reasons The Rich Should Pay-Off Their Mortgage Thank you, Jim Best wishes. Taylor " When you are very poor, a ...
by ThePrince
Sun Aug 26, 2018 1:27 pm
Forum: Personal Finance (Not Investing)
Topic: Mortgage Payoff?
Replies: 27
Views: 2698

Re: Mortgage Payoff?

Thanks for the replies so far. To answer a few questions: The ARM can be paid off in full at any time. In the Fall of 2022 the rate will change from 3% to a maximum of 5%, and can change annually thereafter limited to 2% changes in rate. I will have long term capital gains in my brokerage account i...
by ThePrince
Sat Aug 25, 2018 7:25 pm
Forum: Investing - Help with Personal Investments
Topic: rebalance when you have stock that hasn't vested?
Replies: 4
Views: 300

Re: rebalance when you have stock that hasn't vested?

ThriftyPhD wrote:
Sat Aug 25, 2018 7:23 pm
In my opinion, until it vests it's not yours. So I wouldn't consider it part of your asset allocation.
+1
by ThePrince
Sat Aug 25, 2018 5:33 pm
Forum: Investing - Help with Personal Investments
Topic: Home equity and timing of house purchase
Replies: 17
Views: 2529

Re: Too much home equity?

This seems like one of those things where knowing you have "a lot of home equity" can cause aberrant and irrational behavior. Just for fun I'll side with your spouse on the 900k house. That's just a 5-6% difference in house value from the one you are currently in. Would you do a cash out refinance ...
by ThePrince
Sat Aug 25, 2018 5:25 pm
Forum: Investing - Help with Personal Investments
Topic: Move some over to Fidelity ZERO ?
Replies: 23
Views: 1881

Re: Move some over to Fidelity ZERO ?

Hello all, Was just debating whether to move the Vanguard Total International portion of my 403B (about 80k) over to a rollover IRA in the new Fidelity Zero international. I don’t think I’d mind losing the small caps, but of course it’s the expense ratio that catches my attention (.11 to 0). I’m fi...
by ThePrince
Tue Aug 21, 2018 12:17 am
Forum: Investing - Help with Personal Investments
Topic: What to do with a pile of cash?
Replies: 16
Views: 2124

Re: What to do with a pile of cash?

I know Dave Ramsey isn't the most well-liked person around this forum, but I like his approach to this predicament: Pretend you had a paid-for house. Would you borrow $145k from it to invest? What you're dealing with is basically the same situation in reverse. Provided your financial house is in or...
by ThePrince
Sun Aug 19, 2018 10:07 pm
Forum: Personal Finance (Not Investing)
Topic: Take auto loan 0.9% if I can afford cash?
Replies: 162
Views: 10820

Re: Take auto loan 0.9% if I can afford cash?

If you owned the car debt free today, would you borrow against it and invest? If I could get 0.9%, sure. That's usually not available on a refi. I took out a home loan on a paid-off house to invest, why would a car be different? You would be singing a different tune if the market had of went south ...
by ThePrince
Sun Aug 19, 2018 10:04 pm
Forum: Personal Finance (Not Investing)
Topic: Take auto loan 0.9% if I can afford cash?
Replies: 162
Views: 10820

Re: Take auto loan 0.9% if I can afford cash?

indexfund56 wrote:
Wed Aug 15, 2018 12:44 pm
If you have the cash, buy the car outright. And if you don't have the cash, then don't buy the car. My rule of thumb is pretty simple: Besides my house, I don't have debt of any kind.
Amen and Shalom.
by ThePrince
Sun Aug 19, 2018 1:35 pm
Forum: Investing - Help with Personal Investments
Topic: Mortgage Tradeoffs - What Would you do?
Replies: 16
Views: 976

Re: Mortgage Tradeoffs - What Would you do?

Pay off the mortgage. If you don’t like how you feel afterwards, you can get a new mortgage.
by ThePrince
Sat Aug 18, 2018 10:42 am
Forum: Personal Finance (Not Investing)
Topic: Savings rate per month???
Replies: 68
Views: 6240

Re: Savings rate per month???

This. Never understood why people include an employer’s 401(k) match. The match is gravy; it wasn’t taken out of your paycheck. Because it feels disingenuous to provide a savings rate where you have (gross+employers contribution)/(gross) Yes you can’t go spend it (easily, you can always cash out yo...
by ThePrince
Sat Aug 18, 2018 9:38 am
Forum: Personal Finance (Not Investing)
Topic: Savings rate per month???
Replies: 68
Views: 6240

Re: Savings rate per month???

Question: For those including the employer match, are you including it in both the numerator and denominator? Yes, of course I don't. My logic is that the match isn't money I could just go out and spend on things if I wanted, just something extra that gets added to retirement accounts. I view it as...
by ThePrince
Fri Aug 17, 2018 10:33 pm
Forum: Investing - Help with Personal Investments
Topic: left advisor, overwhelmed
Replies: 8
Views: 1690

Re: left advisor, overwhelmed

Way too much cash in your AA.
by ThePrince
Wed Aug 15, 2018 9:46 pm
Forum: Investing - Theory, News & General
Topic: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!
Replies: 1247
Views: 105908

Re: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!

Australian stocks have dramatically outperformed US stocks over the period from 1900 to present. That's much longer term than a mere 30 years! Since including US stocks would have dragged down returns compared to an all-Australia portfolio, why are we still considering investing in the US when the ...
by ThePrince
Wed Aug 15, 2018 8:12 pm
Forum: Investing - Theory, News & General
Topic: Very confused with the current market
Replies: 112
Views: 13167

Re: Very confused with the current market

JoMoney wrote:
Mon Jun 18, 2018 12:03 am
You missed the 11% correction between 01/27/2018 and 02/08/2018

and 12.5% between 11/06/2015 and 02/11/2016
capcase wrote:
Sun Jun 17, 2018 2:34 pm
...
Please don't tell me I should not time the market. ...
Hopefully others can learn what not to do from your example.
+1
by ThePrince
Mon Aug 13, 2018 1:56 pm
Forum: Personal Consumer Issues
Topic: Should I Do This? [borrow from relative to pay off loan]
Replies: 55
Views: 3166

Re: Should I Do This? [borrow from relative to pay off loan]

I am convinced that people who say "sell the car" and buy a clunker for a few thousand dollars have never spent time sitting in a repair shop. If you have lots of time, great; otherwise don't do it, not worth it. Personally, I would not borrow from a family member, but rather see if I could pick up...
by ThePrince
Mon Aug 13, 2018 1:23 am
Forum: Personal Consumer Issues
Topic: Can I buy a Tesla?
Replies: 121
Views: 9843

Re: Can I buy a Tesla?

I really cannot believe some of these replies, considering the average American household will easily drop 30k with a 50k household income. :happy The average American household is broke, in debt up to their eyeballs in consumer and student loans, living pay check to pay check and not saving for re...
by ThePrince
Sun Aug 12, 2018 5:06 pm
Forum: Personal Finance (Not Investing)
Topic: how much car can we afford?
Replies: 130
Views: 6663

Re: how much car can we afford?

mid 30s 300k total comp net worth ~ 1.1M assets in taxable accounts: ~ 650k Wrong question -- at least in this forum. over The question ought to be ==> "What is the least car I can live with"? +100. A car is a liability, not an asset, hence the cheaper the better. There is a reason the IRS deducts ...
by ThePrince
Sun Aug 12, 2018 12:58 pm
Forum: Personal Finance (Not Investing)
Topic: 401K loan vs taxable vs Roth IRA
Replies: 10
Views: 595

Re: 401K loan vs taxable vs Roth IRA

Hi. We are planning to buy a house in next 6 months. Downpayment money is in cash. In case we need to come up with extra cash, which one will be a better option: 1. Taxable account- will be paying 20% LTC gain tax. 2. Roth IRA- can withdraw contributions but won’t be able to put it back. 3. 401K lo...