Search found 1038 matches

by AlphaLess
Tue Dec 11, 2018 11:39 pm
Forum: Personal Consumer Issues
Topic: Best values at Costco? Honestly, a little disappointed...
Replies: 153
Views: 16272

Re: Best values at Costco? Honestly, a little disappointed...

IMO, Costco is not all that good. Here is our strategy with Costco: - buy only very specific items, typically higher end, - buy as often as possible with a coupon or discount, - comparison shop. For example, say, they have organic chicken breasts. If some other store starts selling organic chicken b...
by AlphaLess
Tue Dec 11, 2018 11:37 pm
Forum: Personal Finance (Not Investing)
Topic: Hiding Identity of Trust Owner: Registered Agent Services Needed?
Replies: 14
Views: 1024

Re: Hiding Identity of Trust Owner: Registered Agent Services Needed?

Check with your lawyer who is setting up the trust, that is assuming you are using a lawyer. In my former law firm, I know that sometimes one of the estate planning lawyers who worked for some of our celebrity type clients who didn’t want their home address known had a process for dealing with this...
by AlphaLess
Tue Dec 11, 2018 11:14 pm
Forum: Personal Consumer Issues
Topic: Donate to homeless?
Replies: 67
Views: 2879

Re: Donate to homeless?

This time of year homeless panhandlers seem more visible than ever with the weather cold and holidays approaching. Today a lady on the sidewalk asked me how I celebrate - Christmas, Kwanza or Hannukah? Is it a good idea to give a couple dollars to such people? Seems quite mean to ignore them. What ...
by AlphaLess
Tue Dec 11, 2018 11:08 pm
Forum: Personal Finance (Not Investing)
Topic: What percentage of your net worth is your home equity?
Replies: 170
Views: 9126

Re: What percentage of your net worth is your home equity?

If your home equity is insignificant as compared to your total asset, it is not worth counting. However, if someone needs to count the home equity in order to show that he/she is worth something, he/she has too much house. KlangFool Very true. I used to add home equity to net assets, but stopped do...
by AlphaLess
Tue Dec 11, 2018 9:26 pm
Forum: Personal Finance (Not Investing)
Topic: What percentage of your net worth is your home equity?
Replies: 170
Views: 9126

Re: What percentage of your net worth is your home equity?

If your home equity is insignificant as compared to your total asset, it is not worth counting. However, if someone needs to count the home equity in order to show that he/she is worth something, he/she has too much house. KlangFool Very true. I used to add home equity to net assets, but stopped do...
by AlphaLess
Tue Dec 11, 2018 9:24 pm
Forum: Personal Finance (Not Investing)
Topic: What percentage of your net worth is your home equity?
Replies: 170
Views: 9126

Re: What percentage of your net worth is your home equity?

I will report two numbers.

Say, home value is $H, non-home assets are $A, and home equity $E ($E = $H - mortgage),
- $H / $X is 19.5%, and $H / ($X + $H) = 16.3%,
- $E / $X is 7.2%, and $E / ($X + $H) = 6.1%.
by AlphaLess
Tue Dec 11, 2018 7:58 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 8542
Views: 1671063

Re: U.S. stocks in free fall

HomerJ wrote:
Tue Dec 11, 2018 7:54 pm
LadyGeek wrote:
Tue Dec 11, 2018 5:19 pm
After a very long delay and further review, GoldenFinch is correct. Waiting until after the market closed, I have retitled the thread as "free fall".
If this turns out to be the low point, we may need you to retitle this thread in the future as well. :)
What do we call it then?

Moon-shoot?
by AlphaLess
Mon Dec 10, 2018 11:34 pm
Forum: Personal Finance (Not Investing)
Topic: Too Much Savings Regret
Replies: 112
Views: 16435

Re: Too Much Savings Regret

HEDGEFUNDIE wrote:
Mon Dec 10, 2018 11:32 pm

Exactly. As a 32 year old this possibility haunts me to no end.
Indeed. Because you can't get those years back. Ever.
by AlphaLess
Mon Dec 10, 2018 11:33 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 3069
Views: 600285

Re: What's Your Credit Card Rewards Strategy?

Would appreciate some advice: The 4 credit cards I have/use are: 1. Amex platinum 2. Amex gold 3. Amex blue cash preferred 4. Barclay mastercard (only use this when Amex is not accepted) As you can see, I am a heavy Amex user. I have about 580,000 amex points, which I am coming to realize might not...
by AlphaLess
Mon Dec 10, 2018 11:07 pm
Forum: Personal Finance (Not Investing)
Topic: Too Much Savings Regret
Replies: 112
Views: 16435

Re: Too Much Savings Regret

Reading a recently, now closed topic on the merits/satisfaction (for/against) of spending money on vacations, lead me to this thought: Are there any retired Bogleheads out there who sacrificed vacations/hobbies/personal enjoyment to focus on savings for retirement only to realize that you have more...
by AlphaLess
Mon Dec 10, 2018 11:05 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 8542
Views: 1671063

Re: U.S. stocks in freefall

On the other hand: get used to it. The problem with the market is that just as you get used to it, it comes up with a new trick. Victoria There are only 3 things that market can do: - go up, - go down, - stay flat. I think getting used to all 3 does not take that much :) It does not simply go up or...
by AlphaLess
Mon Dec 10, 2018 11:03 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 3069
Views: 600285

Re: What's Your Credit Card Rewards Strategy?

Would appreciate some advice: The 4 credit cards I have/use are: 1. Amex platinum 2. Amex gold 3. Amex blue cash preferred 4. Barclay mastercard (only use this when Amex is not accepted) As you can see, I am a heavy Amex user. I have about 580,000 amex points, which I am coming to realize might not...
by AlphaLess
Mon Dec 10, 2018 10:41 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 8542
Views: 1671063

Re: U.S. stocks in freefall

VictoriaF wrote:
Mon Dec 10, 2018 10:39 pm
AlphaLess wrote:
Mon Dec 10, 2018 10:35 pm
On the other hand: get used to it.
The problem with the market is that just as you get used to it, it comes up with a new trick.

Victoria
There are only 3 things that market can do:
- go up,
- go down,
- stay flat.

I think getting used to all 3 does not take that much :)
by AlphaLess
Mon Dec 10, 2018 10:40 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 8542
Views: 1671063

Re: U.S. stocks in freefall

ReformedSpender wrote:
Mon Dec 10, 2018 4:30 pm
Relax and Bogle on
I like that expression: "Bogle on"!
by AlphaLess
Mon Dec 10, 2018 10:35 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 8542
Views: 1671063

Re: U.S. stocks in freefall

2018 is going to be my first negative year since I graduated from college (besides 2008 of course, but I had no money in 2008 :wink: ). Not only that, having bought a house this year and had the requisite inordinate amount of expenses that comes with that and my first year ever getting no bonus at ...
by AlphaLess
Sun Dec 09, 2018 11:12 pm
Forum: Investing - Help with Personal Investments
Topic: 20M Inheritance - What is best option for small/no risk on principal?
Replies: 93
Views: 11763

Re: 20M Inheritance - What is best option for small/no risk on principal?

These type of threads are basically brain massage and troll-feeding.
by AlphaLess
Sun Dec 09, 2018 11:09 pm
Forum: Investing - Theory, News & General
Topic: does the 4% withdrawal guideline include dividends?
Replies: 43
Views: 2953

Re: does the 4% withdrawal guideline include dividends?

Let's figure out some ground rules: 1. Suppose that on Jan.2.2019, the value of your investment is $100K, 2. Suppose that by Dec.31.2019, the value of your investment is $105K, and you also received $2K in dividends (which you DID NOT REINVEST. RETURN: 7%, which is $5K from gains and $2K from divide...
by AlphaLess
Sun Dec 09, 2018 10:49 pm
Forum: Investing - Theory, News & General
Topic: We Are Teetering on the Edge of A DEATH CROSS
Replies: 50
Views: 8378

Re: We Are Teetering on the Edge of A DEATH CROSS

OK, everyone I know the (maybe) Inverted Yield Curve is bad enough, but now I give you this piece of news from the technical analysts: "S&P 500 teeters on edge of a 'death cross,' and one key level could determine its next move" https://www.cnbc.com/2018/12/06/sp-500-teeters-on-edge-of-a-death-cros...
by AlphaLess
Sun Dec 09, 2018 10:13 pm
Forum: Personal Finance (Not Investing)
Topic: Rental Car Damage Issue
Replies: 69
Views: 4001

Re: Rental Car Damage Issue

tibbitts wrote:
Sun Dec 09, 2018 9:13 pm
AlphaLess wrote:
Sun Dec 09, 2018 3:37 pm
Learn how to use American Express Premium Rental Insurance.

Best thing ever.
In what ways is this better than other primary credit card coverage (United Explorer for example)?
$0 deductible.
Always primary.
Pays well.
by AlphaLess
Sun Dec 09, 2018 6:36 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 8542
Views: 1671063

Re: U.S. stocks in freefall

harmoniousmonk wrote:
Sun Dec 09, 2018 5:55 pm
S and P futures down 2.33%
SPUs down about 18 points, or 0.6-0.7%.
by AlphaLess
Sun Dec 09, 2018 3:40 pm
Forum: Investing - Help with Personal Investments
Topic: SPIA or CD Ladder
Replies: 31
Views: 2263

Re: SPIA or CD Ladder

"We are considering purchasing a $100,000 ten-year SPIA the cost of which would come from our traditional IRA’s and would be about 10% of our investable assets. "

Why not get an indefinite annuity?

I think SPIAs are designed to protect against longevity risk.
by AlphaLess
Sun Dec 09, 2018 3:37 pm
Forum: Personal Finance (Not Investing)
Topic: Rental Car Damage Issue
Replies: 69
Views: 4001

Re: Rental Car Damage Issue

Learn how to use American Express Premium Rental Insurance.

Best thing ever.
by AlphaLess
Sun Dec 09, 2018 3:35 pm
Forum: Personal Finance (Not Investing)
Topic: How to calculate the value of a Forever... [investment]
Replies: 9
Views: 1083

Re: How to calculate the value of a Forever...

Rest assured: you can not make any significant amount of money in those 'investments'.
by AlphaLess
Sun Dec 09, 2018 3:32 pm
Forum: Investing - Help with Personal Investments
Topic: Has anyone adjusted their stock allocation on the dip?
Replies: 39
Views: 3255

Re: Has anyone adjusted their stock allocation on the dip?

Everyone is *ALWAYS* adjusting their allocations: - new contributions, - dividend reinvestments, - bonuses, - out-of-whack asset allocation. The *REALY* question is: is anyone adjusting their stock allocation *SIGNIFICANTLY*? Operative word: SIGNIFICANTLY. Considering this forum's philosophy, and th...
by AlphaLess
Sun Dec 09, 2018 3:20 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 8542
Views: 1671063

Re: U.S. stocks in freefall

Interesting to see where Futures open tonight. In other news, some analyst from Morgan Stanley said that 'there is a lot of fake information baked into stock prices". I guess we should expect alternative stock prices being published by the 'venerable' house of the Morgan and Stanley. Question is: a...
by AlphaLess
Sun Dec 09, 2018 1:54 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 8542
Views: 1671063

Re: U.S. stocks in freefall

Interesting to see where Futures open tonight. In other news, some analyst from Morgan Stanley said that 'there is a lot of fake information baked into stock prices". I guess we should expect alternative stock prices being published by the 'venerable' house of the Morgan and Stanley. Question is: ar...
by AlphaLess
Sat Dec 08, 2018 5:52 pm
Forum: Investing - Theory, News & General
Topic: Anybody Miss the Crypto Rage on BH Forums
Replies: 96
Views: 6902

Re: Anybody Miss the Crypto Rage on BH Forums

Waiting for days when bitcoin price will be 3 digits, no comma needed.
Takes too much space to type the price these days.

Of course, no objective to two digit price either, but as the saying goes, one step at a time.
by AlphaLess
Sat Dec 08, 2018 5:50 pm
Forum: Personal Consumer Issues
Topic: Root Canal - dentist or endodontist
Replies: 46
Views: 3357

Re: Root Canal - dentist or endodontist

100%, most definitely endo.
by AlphaLess
Fri Dec 07, 2018 9:30 pm
Forum: Personal Finance (Not Investing)
Topic: YNAB: Age of Money
Replies: 21
Views: 2578

Re: YNAB: Age of Money

A well designed budget should imply an age of money of 0.5 to 1 month.
by AlphaLess
Fri Dec 07, 2018 8:51 pm
Forum: Investing - Help with Personal Investments
Topic: Wanting to buy on the dip today didn't workout
Replies: 44
Views: 5885

Re: Wanting to buy on the dip today didn't workout

J G Bankerton wrote:
Fri Dec 07, 2018 9:26 am
AlphaLess wrote:
Fri Dec 07, 2018 12:11 am
J G Bankerton wrote:
Thu Dec 06, 2018 2:21 pm
Too late the knife has stopped falling.
Did you bring the plunge protection team again?
Yes, my limit order executed at the exact bottom. I'm up 1.85% on that buy. I called it on the Wide World of the Web . I'm good at this. :greedy :beer
How is it looking now?
by AlphaLess
Fri Dec 07, 2018 8:50 pm
Forum: Investing - Help with Personal Investments
Topic: All Weather Portfolio - Ray Dalio during slow growth/ downturn? How to balance bonds in low yield w/ rising rates?
Replies: 14
Views: 1391

Re: All Weather Portfolio - Ray Dalio during slow growth/ downturn? How to balance bonds in low yield w/ rising rates?

galeno wrote:
Fri Dec 07, 2018 12:11 pm
I disagree. Every single one of those 150 ports are UNNECESSARILY complicated. 70% VT + 30% BND does everything the 150 ports do WITHOUT duplication or tilting.
Not a bad thought.
Not a bad thought AT ALL.
by AlphaLess
Fri Dec 07, 2018 12:14 am
Forum: Investing - Help with Personal Investments
Topic: All Weather Portfolio - Ray Dalio during slow growth/ downturn? How to balance bonds in low yield w/ rising rates?
Replies: 14
Views: 1391

Re: All Weather Portfolio - Ray Dalio during slow growth/ downturn? How to balance bonds in low yield w/ rising rates?

70% VT + 30% BND would be the best port for you. That is a very definitive statement. Here are 150 better portfolios: https://www.whitecoatinvestor.com/150-portfolios-better-than-yours/ [/quote] The bottom of that list looks downright ugly. When you start having 20+ funds, with 1.3% allocations, th...
by AlphaLess
Fri Dec 07, 2018 12:11 am
Forum: Investing - Help with Personal Investments
Topic: Wanting to buy on the dip today didn't workout
Replies: 44
Views: 5885

Re: Wanting to buy on the dip today didn't workout

J G Bankerton wrote:
Thu Dec 06, 2018 2:21 pm
Too late the knife has stopped falling.
Did you bring the plunge protection team again?
by AlphaLess
Thu Dec 06, 2018 11:56 pm
Forum: Investing - Help with Personal Investments
Topic: 20M Inheritance - What is best option for small/no risk on principal?
Replies: 93
Views: 11763

Re: 20M Inheritance - What is best option for small/no risk on principle?

bloom2708 wrote:
Thu Dec 06, 2018 10:51 am
This is a great place to learn, read, ask questions. $0 fees. Welcome!
I think we should start charging fees, no?
by AlphaLess
Thu Dec 06, 2018 11:13 pm
Forum: Investing - Theory, News & General
Topic: Call the top! - Bitcoin
Replies: 191
Views: 21779

Re: Call the top! - Bitcoin

Using winkdex.com price, guess the peak bitcoin price between now and Dec 31 2018. Guesses have to be in by Dec 31 2017 or 1 day “before the peak/crash”, whichever is earlier. I’ll guess 20,432 (but only on this forum, I’m not guessing with one penny of real money). If it crashes well before The en...
by AlphaLess
Thu Dec 06, 2018 12:04 am
Forum: Investing - Help with Personal Investments
Topic: In a Bear Market, What Are Some Best Practices
Replies: 31
Views: 3492

Re: In a Bear Market, What Are Some Best Practices

I'd say, the following are always best practices: STAY THE COURSE. That includes: - sleep well, - wake up in the morning. Brush your teeth, - have a nice breakfast, - go to gym (preferably before breakfast), - get ready, - go to work, -put in a good day's of work, - come home, - watch some TV, play ...
by AlphaLess
Thu Dec 06, 2018 12:02 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 8542
Views: 1671063

Re: U.S. stocks in freefall

hdas wrote:
Wed Dec 05, 2018 6:32 pm
I think the market is free to go up now.........somebody dumped a big position into an iliquid market. We traded 2649.75!!!!
freefall has resumed.
by AlphaLess
Wed Dec 05, 2018 10:23 pm
Forum: Investing - Theory, News & General
Topic: Why buying homes with mortgages is good but buying stocks on margin is bad
Replies: 36
Views: 2890

Re: Why buying homes with mortgages is good but buying stocks on margin is bad

Can someone explain to me why the advise is NEVER buy stocks on margin; however, everyone who has a mortgage and still buying stocks is basically doing the same thing? Can't seem to wrap my head around this one. Thanks! These are not equivalent concepts. Most people spend money on a mortgage that w...
by AlphaLess
Wed Dec 05, 2018 10:15 pm
Forum: Investing - Theory, News & General
Topic: Anybody Miss the Crypto Rage on BH Forums
Replies: 96
Views: 6902

Re: Anybody Miss the Crypto Rage on BH Forums

Crypto currencies seem to be the total antithesis to Boglehead philosophy. I feel like we keep losing competing philosophies as inflows to index funds keep rising. Question: What other investing philosophies/strategies do you find most likely to compete with Bogleheads in the years to come? I wonde...
by AlphaLess
Wed Dec 05, 2018 10:06 pm
Forum: Investing - Theory, News & General
Topic: Does the Yield Curve Really Forecast Recession?
Replies: 5
Views: 669

Re: Does the Yield Curve Really Forecast Recession?

Interesting article from the St. Louis Fed amidst all of the panic around inversion of a small piece of the yield curve: https://research.stlouisfed.org/publications/economic-synopses/2018/11/30/does-the-yield-curve-really-forecast-recession/ ... an inverted yield curve does not forecast recession;...
by AlphaLess
Wed Dec 05, 2018 9:11 pm
Forum: Investing - Theory, News & General
Topic: Bogle Sounds a Warning on Index Funds
Replies: 103
Views: 17897

Re: Bogle Sounds a Warning on Index Funds

Bogle, in his usual manner, has clearly stated the corporate governance issue. This issue is affected by ownership as he points out. It is important to separate the issue of corporate governance from the issue of pricing. Pricing is set by transactions , not by ownership. Day traders, HFT programs ...
by AlphaLess
Wed Dec 05, 2018 8:58 pm
Forum: Investing - Theory, News & General
Topic: Worst investing year ever....
Replies: 73
Views: 11287

Re: Worst investing year ever....

In terms of number asset classes that lost money. If you get past the exaggerated headline, it actually is interesting. Would lend credence to the notion asset classes are more highly correlated. https://www.marketwatch.com/story/how-bad-has-2018-been-for-investors-the-worst-ever-according-to-one-m...
by AlphaLess
Wed Dec 05, 2018 8:56 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 8542
Views: 1671063

Re: U.S. stocks in freefall

I think the market is free to go up now.........somebody dumped a big position into an iliquid market. We traded 2649.75!!!! Like Moto, I'm trying to figure out what you are saying, traded, did, sold, bought....etc From the dimmest bulb, Greg "We traded 2649.75" That means that there was a trade pr...
by AlphaLess
Wed Dec 05, 2018 8:53 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 8542
Views: 1671063

Re: U.S. stocks in freefall

hdas wrote:
Wed Dec 05, 2018 6:32 pm
I think the market is free to go up now.........somebody dumped a big position into an iliquid market. We traded 2649.75!!!!
SPUs were halted due to limit-down.
by AlphaLess
Tue Dec 04, 2018 9:35 am
Forum: Personal Consumer Issues
Topic: Retired in your late 40s or early 50s?
Replies: 86
Views: 13181

Re: Retired in your late 40s or early 50s?

Retired two years ago in my early 50’s. When I retired I was having health problems from a combination of stress and sitting at a desk for 30 years. I spent the first six months doing physical therapy and going to the doctor. Now I feel good, train like an Olympic athlete, and we travel anywhere in...
by AlphaLess
Tue Dec 04, 2018 9:30 am
Forum: Investing - Theory, News & General
Topic: Ally Invest (Up To $3500 Offer)
Replies: 9
Views: 2369

Re: Ally Invest (Up To $3500 Offer)

Another "free money" brokerage offer that looks decent... Just got a card in the mail from Ally Invest. They are offering "up to $3500" cash bonus for a self directed account. Caveat is you need $2MM to invest to get that amount. They are also paying cash for lower amounts invested as well. Info: h...
by AlphaLess
Mon Dec 03, 2018 11:16 pm
Forum: Investing - Theory, News & General
Topic: Bond Inversion! Real estate prices, and more.
Replies: 25
Views: 2123

Re: Bond Inversion! Real estate prices, and more.

Bond inversion means the 4 week treasury beats the 30 year. It happened 6 months before an all time high in 2000 and about 1.5 years before an all time high in 2007. I don't know of another time of it happening recently, but I'm sure there is more data than that. I think it happened in the 80s whic...
by AlphaLess
Mon Dec 03, 2018 11:03 pm
Forum: Investing - Theory, News & General
Topic: Bond Inversion! Real estate prices, and more.
Replies: 25
Views: 2123

Re: Bond Inversion! Real estate prices, and more.

arcticpineapplecorp. wrote:
Mon Dec 03, 2018 10:45 pm
I made up the tertiary recession bit. Just having a bit of fun.
I googled "secondary recession" and found nothing.
Well done!
by AlphaLess
Mon Dec 03, 2018 11:03 pm
Forum: Investing - Theory, News & General
Topic: Bond Inversion! Real estate prices, and more.
Replies: 25
Views: 2123

Re: Bond Inversion! Real estate prices, and more.

nedsaid wrote:
Mon Dec 03, 2018 10:28 pm
I don't know what a secondary recession is. I don't know what a tertiary recession is. Can someone let us in on the secret? Inquiring minds want to know.
Well, secondary recession is secondary to primary.
And tertiary recession is secondary to the secondary.
by AlphaLess
Mon Dec 03, 2018 9:53 pm
Forum: Investing - Theory, News & General
Topic: Bond Inversion! Real estate prices, and more.
Replies: 25
Views: 2123

Re: Bond Inversion! Real estate prices, and more.

Phineas J. Whoopee wrote:
Mon Dec 03, 2018 9:22 pm
What's a secondary recession?

What did your salesperson tell you one is when you challenged her?

PJW
You don't know what a secondary recession is?
WoW!
That's shocking.
You can't be a do-it-yourself investor if you don't know what a secondary recession is!