Search found 228 matches

by rudeboy
Sat May 02, 2020 9:10 am
Forum: Personal Finance (Not Investing)
Topic: Stimulus help for small businesses, sole proprietors, s-corp etc
Replies: 627
Views: 35426

Re: Stimulus help for small businesses, sole proprietors, s-corp etc

I wanted to put in a link to an article in Marketwatch I read today, entitled "Small-business owners could face jail time as DOJ launches investigation into coronavirus loan program:" https://www.marketwatch.com/story/small-business-owners-could-face-jail-time-as-doj-launches-investigatio...
by rudeboy
Thu Apr 30, 2020 6:53 pm
Forum: Personal Finance (Not Investing)
Topic: Stimulus help for small businesses, sole proprietors, s-corp etc
Replies: 627
Views: 35426

Re: Stimulus help for small businesses, sole proprietors, s-corp etc

Got my PPP loan through a local small bank today.

I primarily bank with Wells Fargo. Really glad I did not just submit through them.
by rudeboy
Fri Apr 17, 2020 10:08 pm
Forum: Investing - Theory, News & General
Topic: Well, I am market timing due to coronavirus... Wish me luck.
Replies: 1284
Views: 121305

Re: Well, I am market timing due to coronavirus... Wish me luck.

When I successfully timed the market several weeks ago and mentioned it, I got practically crucified, and a long thread had to be shut down because it go so bad. More likely it was shut down because it was a thread you started based on a different timing strategy which you no longer updated. No. I ...
by rudeboy
Fri Apr 17, 2020 7:17 am
Forum: Investing - Theory, News & General
Topic: The One-Fund Portfolio as a default suggestion
Replies: 365
Views: 63126

Re: The One-Fund Portfolio as a default suggestion

A new study by Morningstar would appear to validate the thesis of the OP: "The savers most likely to tweak their 401(k) allocations [in Q1 2020] were self-directed investors, with 10.8% making changes. By contrast, just 2.4% of investors in target-date funds touched their portfolios." http...
by rudeboy
Thu Apr 09, 2020 6:18 pm
Forum: Personal Finance (Not Investing)
Topic: PPP/EIDL for a one-person S-corp
Replies: 61
Views: 12379

Re: PPP/EIDL for a one-person S-corp

Sole proprietor here. I am struggling a bit with differentiating between the PPP and EIDL.I applied for the EIDL yesterday, and plan to apply for the PPP today. There is some confusion as to whether the EIDL is a loan or a grant. Congress itself has called it a grant, while it is officially a loan....
by rudeboy
Wed Apr 08, 2020 9:25 am
Forum: Personal Finance (Not Investing)
Topic: PPP with Wells Fargo
Replies: 55
Views: 4755

Re: PPP with Wells Fargo

I also filled out their pre-application over the weekend. I am an LLC/sole proprietor, so I'm not really sure if I should have done it then or on the 10th.

Either way, I think I will start reaching out to other banks as well. It's just hard to imagine WF pulling through for me.
by rudeboy
Sun Apr 05, 2020 11:57 am
Forum: Investing - Theory, News & General
Topic: What is the Essential investing reading list?
Replies: 6
Views: 369

Re: What is the Essential investing reading list?

The three you mentioned are all great books, but they all say more-or-less the same thing, so I don't really think they form a good cumulative list of essential reading.

Just like successful investing itself, pick one good book about index investing and call it good enough.
by rudeboy
Fri Apr 03, 2020 8:27 am
Forum: Personal Finance (Not Investing)
Topic: Buy a house now or wait?
Replies: 42
Views: 3194

Re: Buy a house now or wait?

We have been wondering the same. My feeling, for what it's worth, is that one shouldn't try to time the market. Prices may go down, but interest rates may skyrocket. Nobody knows. A good deal in the hand is worth two in the bush. I'd be willing to bet a LOT of money that interest rates won't skyroc...
by rudeboy
Fri Apr 03, 2020 8:19 am
Forum: Personal Finance (Not Investing)
Topic: Buy a house now or wait?
Replies: 42
Views: 3194

Re: Buy a house now or wait?

We have been wondering the same. My feeling, for what it's worth, is that one shouldn't try to time the market. Prices may go down, but interest rates may skyrocket. Nobody knows. A good deal in the hand is worth two in the bush.
by rudeboy
Fri Apr 03, 2020 7:44 am
Forum: Personal Finance (Not Investing)
Topic: PPP/EIDL for a one-person S-corp
Replies: 61
Views: 12379

Re: PPP/EIDL for a one-person S-corp

Sole proprietor here. I am struggling a bit with differentiating between the PPP and EIDL.I applied for the EIDL yesterday, and plan to apply for the PPP today. There is some confusion as to whether the EIDL is a loan or a grant. Congress itself has called it a grant, while it is officially a loan. ...
by rudeboy
Thu Apr 02, 2020 10:55 am
Forum: Investing - Theory, News & General
Topic: Why does anyone invest in international funds?
Replies: 306
Views: 18710

Re: Why does anyone invest in international funds?

The difference in these threads.... US only folks.... I think US only is fine, it's likely to give good returns, and if others want to hole US and INT no biggie it probably won't make much of a difference. INT folks... You have to hold INT, you're wrong to hold US only, the experts all say hold bot...
by rudeboy
Mon Mar 30, 2020 2:24 pm
Forum: Investing - Theory, News & General
Topic: Why does anyone invest in international funds?
Replies: 306
Views: 18710

Re: Why does anyone invest in international funds?

lostdog wrote: Mon Mar 30, 2020 2:17 pm VTWAX and chill.
Nice.
by rudeboy
Mon Mar 30, 2020 2:20 pm
Forum: Investing - Theory, News & General
Topic: For a 20-year time horizon do bonds make sense any more?
Replies: 98
Views: 6067

Re: For a 20-year time horizon do bonds make sense any more?

This is just another reason to take up an international portfolio. The bond market is different in every country.
by rudeboy
Mon Mar 30, 2020 11:59 am
Forum: Investing - Theory, News & General
Topic: Help me understand this market--or How can S&P be 2600 today?
Replies: 109
Views: 9538

Re: Help me understand this market--or How can S&P be 2600 today?

2600 is not an insignificant drop from 3300. Perhaps your expectations were wrong.
by rudeboy
Mon Mar 30, 2020 11:08 am
Forum: Investing - Theory, News & General
Topic: How do I avoid falling prey to this potential bear market rally?
Replies: 39
Views: 4394

Re: How do I avoid falling prey to this potential bear market rally?

Step 1: Don't try to avoid falling prey to potential market movements.

Aaaaannnd done.
by rudeboy
Fri Mar 27, 2020 4:52 pm
Forum: Investing - Theory, News & General
Topic: So bottom is probably behind us....right?
Replies: 709
Views: 64964

Re: So bottom is probably behind us....right?

Just noticed that VT (Total World Stock) paid out dividends on 3/20 -- just a day short of the bottom before that 20% US run-up. 8-)
by rudeboy
Fri Mar 27, 2020 8:43 am
Forum: Investing - Theory, News & General
Topic: Is the 2 Fund Portfolio the new "3 Fund portfolio"?
Replies: 59
Views: 4718

Re: Is the 2 Fund Portfolio the new "3 Fund portfolio"?

You see what you want to see. I see this virus make its way around the world and think this is exactly the sort of event where one would want to be internationally diversified. Any single country's population could be hit especially hard or make a policy error that completely destroys its economy, r...
by rudeboy
Fri Mar 27, 2020 8:39 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 10246
Views: 814069

Re: New Bull Market!

Stef wrote: Fri Mar 27, 2020 8:36 am So is this the shortest bull market ever?
It has to go down 20% before it is no longer a bull.
by rudeboy
Thu Mar 26, 2020 5:44 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 10246
Views: 814069

Re: New Bull Market!

This thing shot up 20% before the market timers could find the "ON" switch to their Rube Goldberg machines.

This may well be a false rally, but ask yourself: if you didn't predict this, what makes you think your future predictions will fare any better?
by rudeboy
Thu Mar 26, 2020 4:05 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 10246
Views: 814069

Re: New Bull Market!

Where is the good news about life returning to normal? I can't believe this is the start of the V Well if you look back at 2009 the good news came way after March 2009. Yeah. The next several weeks look bad what about several months from now, and beyond? The market looks at all of that. I'm not say...
by rudeboy
Thu Mar 26, 2020 3:30 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 10246
Views: 814069

Re: New Bull Market!

Dead bull bounce?
by rudeboy
Thu Mar 26, 2020 2:57 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 10246
Views: 814069

Re: U.S. stocks continue to soar!

These past few days have really demonstrated that nobody knows nothing. 5% increase on the same day the worst jobs report of all time comes out. Did anyone see that coming? Is this a dead cat bounce or have we hit the bottom? I'm glad I don't have to try to predict it. Buy-and-hold makes life simpl...
by rudeboy
Thu Mar 26, 2020 1:54 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 10246
Views: 814069

Re: U.S. stocks continue to soar!

These past few days have really demonstrated that nobody knows nothing. 5% increase on the same day the worst jobs report of all time comes out. Did anyone see that coming? Is this a dead cat bounce or have we hit the bottom? I'm glad I don't have to try to predict it. Buy-and-hold makes life simpl...
by rudeboy
Thu Mar 26, 2020 1:41 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 10246
Views: 814069

Re: U.S. stocks continue to soar!

These past few days have really demonstrated that nobody knows nothing. 5% increase on the same day the worst jobs report of all time comes out. Did anyone see that coming? Is this a dead cat bounce or have we hit the bottom? I'm glad I don't have to try to predict it. Buy-and-hold makes life simpler.
by rudeboy
Tue Mar 24, 2020 7:36 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 10246
Views: 814069

Re: U.S. stocks continue to soar!

Pretty sure those market timers that "missed" March 13th, were pretty happy to miss it, because they also missed the next business day, March 16th. You don't know that. rudeboy, You must be joking right? If you start with 100 dollars and the market goes up 5%, you’re left with $105. If it...
by rudeboy
Tue Mar 24, 2020 7:34 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 10246
Views: 814069

Re: U.S. stocks continue to soar!

Pretty sure those market timers that "missed" March 13th, were pretty happy to miss it, because they also missed the next business day, March 16th. You don't know that. rudeboy, You must be joking right? If you start with 100 dollars and the market goes up 5%, you’re left with $105. If it...
by rudeboy
Tue Mar 24, 2020 7:31 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 10246
Views: 814069

Re: U.S. stocks continue to soar!

Pretty sure those market timers that "missed" March 13th, were pretty happy to miss it, because they also missed the next business day, March 16th. You don't know that. rudeboy, You must be joking right? If you start with 100 dollars and the market goes up 5%, you’re left with $105. If it...
by rudeboy
Tue Mar 24, 2020 6:58 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 10246
Views: 814069

Re: U.S. stocks continue to soar!

The market is currently up 8%. Two days -- today and March 13th -- have given us 18% gains. Imagine all of the market timers out there who have missed just one of these days, and how much that will hurt their recovery from this crash in the long-term. Buy-and-hold is the only game in town. Pretty s...
by rudeboy
Tue Mar 24, 2020 1:39 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 10246
Views: 814069

Re: U.S. stocks continue to soar!

No, you are the sample size of one, not the market. It doesn''t matter if March 13 was a bad data point. The market went up nearly 10%. I would be willing to bet there were scores of investors who ducked out on the 12th and sold with 10% losses, then bought back in on the 13th, only to see a 12% lo...
by rudeboy
Tue Mar 24, 2020 1:32 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 10246
Views: 814069

Re: U.S. stocks continue to soar!

No, I am assuming no one just jumps out for the good days. Besides I was just exactly illustrating your example, a Market Timer that was out on March 13 and still out today. Isn't that how someone would miss both of these good days? One would have to be a very bad market timer indeed to miss out on...
by rudeboy
Tue Mar 24, 2020 1:24 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 10246
Views: 814069

Re: U.S. stocks continue to soar!

Well the market closed at 2,480 on March 12 and is currently 2,397 so what did they miss besides a 83 point drop? On March 10 the market closed at 2,882. I am not sure how much missing up days matter if those days are surrounded by down days. You're assuming these market timers are making optimal c...
by rudeboy
Tue Mar 24, 2020 12:50 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 10246
Views: 814069

Re: U.S. stocks continue to soar!

No, you are the sample size of one, not the market. It doesn''t matter if March 13 was a bad data point. The market went up nearly 10%. I would be willing to bet there were scores of investors who ducked out on the 12th and sold with 10% losses, then bought back in on the 13th, only to see a 12% lo...
by rudeboy
Tue Mar 24, 2020 12:32 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 10246
Views: 814069

Re: U.S. stocks continue to soar!

The market is currently up 8%. Two days -- today and March 13th -- have given us 18% gains. Imagine all of the market timers out there who have missed just one of these days, and how much that will hurt their recovery from this crash in the long-term. Buy-and-hold is the only game in town. Well the...
by rudeboy
Tue Mar 24, 2020 12:31 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 10246
Views: 814069

Re: U.S. stocks continue to soar!

Pretty sure those market timers that "missed" March 13th, were pretty happy to miss it, because they also missed the next business day, March 16th. You don't know that. I do know that, because I am one of those market timers. Got pictures to prove it? And even if you did happen to guess r...
by rudeboy
Tue Mar 24, 2020 12:23 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 10246
Views: 814069

Re: U.S. stocks continue to soar!

The market is currently up 8%. Two days -- today and March 13th -- have given us 18% gains. Imagine all of the market timers out there who have missed just one of these days, and how much that will hurt their recovery from this crash in the long-term. Buy-and-hold is the only game in town. Well the...
by rudeboy
Tue Mar 24, 2020 12:10 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 10246
Views: 814069

Re: U.S. stocks continue to soar!

The market is currently up 8%. Two days -- today and March 13th -- have given us 18% gains. Imagine all of the market timers out there who have missed just one of these days, and how much that will hurt their recovery from this crash in the long-term. Buy-and-hold is the only game in town. Pretty s...
by rudeboy
Tue Mar 24, 2020 12:06 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 10246
Views: 814069

Re: U.S. stocks continue to soar!

The market is currently up 8%. Two days -- today and March 13th -- have given us 18% gains. Imagine all of the market timers out there who have missed just one of these days, and how much that will hurt their recovery from this crash in the long-term. Buy-and-hold is the only game in town. Pretty s...
by rudeboy
Tue Mar 24, 2020 12:01 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 10246
Views: 814069

Re: U.S. stocks continue to soar!

The market is currently up 8%. Two days -- today and March 13th -- have given us 18% gains. Imagine all of the market timers out there who have missed just one of these days, and how much that will hurt their recovery from this crash in the long-term.

Buy-and-hold is the only game in town.
by rudeboy
Mon Mar 23, 2020 10:45 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 20708
Views: 2830145

Re: U.S. stocks in free fall

I know nothing, you all know nothing, the "experts" know nothing. All the graphs, charts, technical analysis, etc. doesn't really mean anything. This time can be like one of the other bear markets in history. It may take two decades to recover, like The Great Depression. It may take just ...
by rudeboy
Wed Mar 18, 2020 1:13 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 20708
Views: 2830145

Re: U.S. stocks in free fall

This. is. Brutal. Agreed. Last week I was reading posts here left and right, staying informed, interested. Now its kind of exhausting. Maybe I need a break while I "do nothing" I think I'm done with this thread. Way too many panicking. I'm out. It must be some sort of indicator when buy-a...
by rudeboy
Wed Mar 18, 2020 1:08 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 20708
Views: 2830145

Re: U.S. stocks in free fall

This. is. Brutal. Agreed. Last week I was reading posts here left and right, staying informed, interested. Now its kind of exhausting. Maybe I need a break while I "do nothing" I think I'm done with this thread. Way too many panicking. I'm out. It must be some sort of indicator when buy-a...
by rudeboy
Wed Mar 18, 2020 1:04 pm
Forum: Investing - Theory, News & General
Topic: Why not liquidate?
Replies: 48
Views: 4486

Re: Why not liquidate?

First time poster Simple question If the market for sure is falling for at least a few weeks why not sell now and by 2 to 3 weeks from now go back in, even if the market has not bottomed out you are still ahead? Do you think you're the only person who has thought of this idea? The reason the market...
by rudeboy
Wed Mar 18, 2020 12:24 pm
Forum: Investing - Theory, News & General
Topic: thank you Bill Bernstein: "If You've Won the Game, Stop Playing"
Replies: 51
Views: 6849

Re: thank you Bill Bernstein: "If You've Won the Game, Stop Playing"

I was nowhere close to having won the game before all of this, but I too am grateful for Bill Bernstein's books. He more than anyone has prepared me for what a bear market feels like, and the importance of holding throughout. "I've seen this movie before."
by rudeboy
Mon Mar 16, 2020 9:55 am
Forum: Investing - Theory, News & General
Topic: International is in meltdown
Replies: 308
Views: 22745

Re: International is in meltdown

Yeah, that’s obviously wrong. What is true is that for an equal investment in each in 1996, US has never lagged ex-US in cumulative total return. And ^^^this is what drives many of us away from investing in international. The fact that between arbitrarily chosen start and end points (well, not arbi...
by rudeboy
Sat Mar 14, 2020 12:02 pm
Forum: Investing - Theory, News & General
Topic: Can we stop repeating the buy low, sell high mantra?
Replies: 54
Views: 3571

Re: Can we stop repeating the buy low, sell high mantra?

The way I understand it, "buy low, sell high" is not proscriptive advice but a statement of the investor's ideal outcome. It get's aired when someone suggests a course of action, such as selling low, that would hinder one's pursuit of that ideal. It is harmonious with the buy-and-hold appr...
by rudeboy
Sat Mar 14, 2020 10:14 am
Forum: Investing - Theory, News & General
Topic: So what does shutting down the US economy for a few months look like?
Replies: 200
Views: 15390

Re: So what does shutting down the US economy for a few months look like?

During the 2008 financial crisis one big impact was that many college students that graduated during the crisis could not get their careers started since almost no companies were hiring. Many graduating students with job offers had the job offers withdrawn. I remember seeing an article about this s...
by rudeboy
Sat Mar 14, 2020 10:01 am
Forum: Investing - Theory, News & General
Topic: So what does shutting down the US economy for a few months look like?
Replies: 200
Views: 15390

Re: So what does shutting down the US economy for a few months look like?

During the 2008 financial crisis one big impact was that many college students that graduated during the crisis could not get their careers started since almost no companies were hiring. Many graduating students with job offers had the job offers withdrawn. I remember seeing an article about this s...
by rudeboy
Sat Mar 14, 2020 9:43 am
Forum: Investing - Theory, News & General
Topic: So what does shutting down the US economy for a few months look like?
Replies: 200
Views: 15390

Re: So what does shutting down the US economy for a few months look like?

During the 2008 financial crisis one big impact was that many college students that graduated during the crisis could not get their careers started since almost no companies were hiring. Many graduating students with job offers had the job offers withdrawn. I remember seeing an article about this s...
by rudeboy
Fri Mar 13, 2020 3:31 pm
Forum: Investing - Theory, News & General
Topic: The most volatile 24-hour period since October 1929
Replies: 10
Views: 1044

The most volatile 24-hour period since October 1929

From the looks of it, we just experienced the most volatile 24 hour period in US markets since October 29-30, 1929.

https://en.wikipedia.org/wiki/List_of_l ... ge_changes

Does that check out?