Search found 476 matches

by bgf
Thu Aug 16, 2018 1:59 pm
Forum: Investing - Theory, News & General
Topic: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!
Replies: 453
Views: 25050

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 bgf
Thu Aug 16, 2018 12:49 pm
Forum: Investing - Theory, News & General
Topic: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!
Replies: 453
Views: 25050

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

everyone is taking currency risk by definition. to be invested, you must be invested in some currency, to the exclusion of others. That is not the definition of currency risk, so if you are going to use a phrase like "currency risk by definition" I think it's reasonable to nit-pick about it. One de...
by bgf
Thu Aug 16, 2018 12:31 pm
Forum: Investing - Theory, News & General
Topic: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!
Replies: 453
Views: 25050

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

No matter how efficient the market is, it cannot change the fact that a European investor buying European stocks with euros experiences less risk than a US investor buying those identical European stocks with dollars, and that a US investor buying US stocks in dollars experiences less risk and the ...
by bgf
Tue Aug 14, 2018 6:23 pm
Forum: Investing - Theory, News & General
Topic: Magic Formula Results
Replies: 20
Views: 1860

Re: Magic Formula Results

I enjoyed his book but use his site only as a screener. so far, only one stock, IBM, was an underperformer for me. all others outperformed. meaning all others I actually invested in. one of which, EBIX, I've remained fully invested in and have added along the way. I'm impressed you stuck with the st...
by bgf
Tue Aug 14, 2018 6:01 pm
Forum: Investing - Theory, News & General
Topic: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!
Replies: 453
Views: 25050

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

there appear to be two entrenched camps. one starts with US as the status quo or fundamental portfolio and sees no reason to add or supplement or deworsify into international markets. the other starts with global markets and sees no reason to reduce or ignore or avoid the dozens of other markets to ...
by bgf
Tue Aug 14, 2018 12:04 pm
Forum: Investing - Theory, News & General
Topic: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!
Replies: 453
Views: 25050

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

Oldzey - exactly, this is not just a 10 year phenomenon. I think many here don't realize the degree of underperformance of ex-US, even in the long term. If past (including long-term) performance doesn't justify investing in ex-US, then what does? John Bogle makes some good arguments about not inves...
by bgf
Tue Aug 14, 2018 11:57 am
Forum: Personal Consumer Issues
Topic: Retire in Florida or Alabama?
Replies: 103
Views: 6504

Re: Retire in Florida or Alabama?

In any of the areas that have been mentioned monthly condo rentals are common. It would be good for them to try renting for a month or more at different times of the year in several different locations to see what they like the best. It is also not uncommon for people to rent a condo for several mo...
by bgf
Tue Aug 14, 2018 7:57 am
Forum: Personal Consumer Issues
Topic: Retire in Florida or Alabama?
Replies: 103
Views: 6504

Re: Retire in Florida or Alabama?

[/quote] They may want to also look at the tax situation in Georgia. There is a senior exemption of $65K($130K for a couple) for over 65 people on their state income tax so many if not most seniors will not pay any state income tax. [/quote] i live in Georgia and had no idea that was a thing. im abo...
by bgf
Mon Aug 13, 2018 8:09 am
Forum: Personal Consumer Issues
Topic: Decided on Chromebook, now need spec help
Replies: 36
Views: 2338

Re: Decided on Chromebook, now need spec help

i bumped from a toshiba chromebook 2 to the pixelbook. i was considering the samsung, but decided to splurge on the pixelbook.

I ABSOLUTELY LOVE IT.
by bgf
Mon Aug 13, 2018 7:57 am
Forum: Personal Consumer Issues
Topic: Books - Your 3 Best - (Nonfiction, Fiction, Financial/Investing)
Replies: 24
Views: 2545

Re: Books - Your 3 Best - (Nonfiction, Fiction, Financial/Investing)

I don't think I can do it for all time, so these are my favorites from what I've read in 2018: Nonfiction The Man Who Knew Infinity by Robert Kanigel The Code Book by Simon Singh Fiction Infinite Jest by David Foster Wallace Bonfire of the Vanities by Tom Wolfe Financial/Investing The Physics of Wal...
by bgf
Sun Aug 12, 2018 7:06 am
Forum: Personal Finance (Not Investing)
Topic: Mid 30s Crisis: Personal budget, savings and goals
Replies: 36
Views: 6944

Re: Mid 30s Crisis: Personal budget, savings and goals

wow that's an awesome company match.
by bgf
Fri Aug 10, 2018 10:10 am
Forum: Investing - Theory, News & General
Topic: Invest in Tesla?
Replies: 341
Views: 21760

Re: Invest in Tesla?

Short sellers distract the business from its long-term mission with attacks that try to push the stock price down. This could be misinformation or fake news to confuse potential buyers or sabotage within the company making employees less focused. I would think it is the job of the CEO to make these...
by bgf
Fri Aug 10, 2018 8:30 am
Forum: Investing - Theory, News & General
Topic: Invest in Tesla?
Replies: 341
Views: 21760

Re: Invest in Tesla?

Shouldn't a CEO be more focused on building a viable long-term business than going after short sellers? Short sellers distract the business from its long-term mission with attacks that try to push the stock price down. This could be misinformation or fake news to confuse potential buyers or sabotag...
by bgf
Thu Aug 09, 2018 7:04 pm
Forum: Investing - Theory, News & General
Topic: (NEW) WisdomTree 90/60 U.S. Balanced Fund
Replies: 114
Views: 6036

Re: (NEW) WisdomTree 90/60 U.S. Balanced Fund

I think what might be throwing people is that this is not designed to act like a 60/40 portfolio from a volatility standpoint. It still has a 90% equity exposure and all that goes with that. The difference is going to be that over the long term you get the upside of 90% equity as opposed to only 60%...
by bgf
Thu Aug 09, 2018 3:06 pm
Forum: Investing - Theory, News & General
Topic: (NEW) WisdomTree 90/60 U.S. Balanced Fund
Replies: 114
Views: 6036

Re: (NEW) WisdomTree 90/60 U.S. Balanced Fund

i read the prospectus on this a couple days ago and was interested in it. i also considered posting about it here but did not. discussion here by people who know a lot more than i do has been good. i am considering investing in this for my US allocation in my taxable account. it really does not seem...
by bgf
Thu Aug 09, 2018 2:30 pm
Forum: Personal Finance (Not Investing)
Topic: 403b Roth or Pre-tax Decision and Marginal Rate
Replies: 17
Views: 624

Re: 403b Roth or Pre-tax Decision and Marginal Rate

It appeared to me that they wanted to find the edge for the 28% deductions so they could stop there and then contribute to the Roth 401k. Not properly calculating their taxes including a child tax credit would through that analysis off. Yes, it could. But the calculation is correct, and includes th...
by bgf
Wed Aug 08, 2018 2:14 pm
Forum: Investing - Help with Personal Investments
Topic: Take the capital gains hit in order to go index?
Replies: 9
Views: 1212

Re: Take the capital gains hit in order to go index?

whatever you do, keep the BRK.B shares...
by bgf
Wed Aug 08, 2018 2:08 pm
Forum: Personal Finance (Not Investing)
Topic: 403b Roth or Pre-tax Decision and Marginal Rate
Replies: 17
Views: 624

Re: 403b Roth or Pre-tax Decision and Marginal Rate

great, thank you for all the help! :sharebeer
by bgf
Wed Aug 08, 2018 12:57 pm
Forum: Personal Finance (Not Investing)
Topic: 403b Roth or Pre-tax Decision and Marginal Rate
Replies: 17
Views: 624

Re: 403b Roth or Pre-tax Decision and Marginal Rate

ok wow, a LOT more is taken out of my wife's paycheck than i thought... to update. Assume wages of $127,000. - $24,000 standard deduction - $12,500 Simple IRA contribution - $5,000 Dependent Care Account - $1,500 403b Pre-tax contribution - $100 Vision - $540 Dental - $3885 Health Ins. - $50 Cafeter...
by bgf
Wed Aug 08, 2018 12:40 pm
Forum: Personal Finance (Not Investing)
Topic: 403b Roth or Pre-tax Decision and Marginal Rate
Replies: 17
Views: 624

Re: 403b Roth or Pre-tax Decision and Marginal Rate

Do you or your spouse have any of the following? Pension contributions Medical premiums taken from your paycheck Dental premiums taken from your paycheck HSA or FSA for health Pretax contributions to retirement accounts such as a 401k, 457b, traditional IRA, etc. other than what you've listed Educa...
by bgf
Wed Aug 08, 2018 10:05 am
Forum: Personal Finance (Not Investing)
Topic: 403b Roth or Pre-tax Decision and Marginal Rate
Replies: 17
Views: 624

403b Roth or Pre-tax Decision and Marginal Rate

I am trying to calculate the amount of space my wife and I have left at our marginal tax rate of 28% (22% federal and 6% state) for additional tax deferred contributions. Assume wages of $127,000. - $24,000 standard deduction - $12,500 Simple IRA contribution - $5,000 Dependent Care Account - $1,500...
by bgf
Tue Aug 07, 2018 3:22 pm
Forum: Investing - Theory, News & General
Topic: Invest in Tesla?
Replies: 341
Views: 21760

Re: Invest in Tesla?

im stunned. taking the most shorted company private at a price that exceeds its all time highs... has a company this size at this valuation in comparison to free cash flow ever gone private? is anything even close to this? i know very large companies were involved in LBOs back in the day, but those ...
by bgf
Tue Aug 07, 2018 1:43 pm
Forum: Investing - Theory, News & General
Topic: Invest in Tesla?
Replies: 341
Views: 21760

Re: Invest in Tesla?

wow, so shareholders can choose to remain shareholders after it goes private? i wonder what that would be like, to no longer have any insight into the company, no longer have your shares marked to market, and, of course, not even get a dividend as the company is not profitable.
by bgf
Sun Aug 05, 2018 10:13 pm
Forum: Personal Finance (Not Investing)
Topic: Will you pay for your kids' college/graduate education?
Replies: 366
Views: 14175

Re: Will you pay for your kids' college/graduate education?

there is no ROI on an education paid for by a parent/grandparent. the student didn't invest any principal, and the parents didn't make any money.

it is a gift. a huge gift. and one I hope I can give when the time comes.
by bgf
Thu Aug 02, 2018 2:22 pm
Forum: Personal Finance (Not Investing)
Topic: Car price ratio to NW
Replies: 68
Views: 2707

Re: Car price ratio to NW

our cars combined are less than 3.5%.
by bgf
Mon Jul 30, 2018 1:49 pm
Forum: Personal Consumer Issues
Topic: selling used car with hail damage
Replies: 30
Views: 1709

Re: selling used car with hail damage

I don't understand what the issue is: Price it high and if it doesn't sell, lower the price. Entertain all offers. It sure doesn't seem like you need to sell it anytime soon, so you have MONTHS to figure out what it will sell for by putting it out there. If I was buyer, I would low-ball you and tel...
by bgf
Sun Jul 29, 2018 11:57 am
Forum: Personal Consumer Issues
Topic: selling used car with hail damage
Replies: 30
Views: 1709

Re: selling used car with hail damage

my wife has an '05 honda accord, dark grey, that received hail damage about 5 years ago. we took the check and cashed it also, no repairs. car is in great mechanical shape, but hail damage is noticeable close up. im very interested to see what you got for your vehicle. quite frankly, i cant imagine ...
by bgf
Fri Jul 27, 2018 10:07 am
Forum: Investing - Theory, News & General
Topic: Facebook stock in freefall! (20% drop in 1-day)
Replies: 120
Views: 10743

Re: Facebook stock in freefall! (20% drop in 1-day)

I'm surprised people are downing Facebook. Their net income was $20.2 billion last year, more than triple what it was in 2015. Amazon's net income last year was just $4.1 billion, yet their market cap is 72% higher than Facebook's. A lot of people are banking a lot on the hopes that Amazon will eve...
by bgf
Fri Jul 27, 2018 7:38 am
Forum: Investing - Theory, News & General
Topic: Facebook stock in freefall! (20% drop in 1-day)
Replies: 120
Views: 10743

Re: Facebook stock in freefall! (20% drop in 1-day)

I'm surprised people are downing Facebook. Their net income was $20.2 billion last year, more than triple what it was in 2015. Amazon's net income last year was just $4.1 billion, yet their market cap is 72% higher than Facebook's. A lot of people are banking a lot on the hopes that Amazon will eve...
by bgf
Fri Jul 27, 2018 7:13 am
Forum: Personal Finance (Not Investing)
Topic: The stock that got away
Replies: 40
Views: 2899

Re: The stock that got away

bought apple at around $80. sold at $120 and thought i'd done so well! learned a lot since.

edit. pre-split, obviously.
by bgf
Thu Jul 26, 2018 5:36 pm
Forum: Investing - Theory, News & General
Topic: Facebook stock in freefall! (20% drop in 1-day)
Replies: 120
Views: 10743

Re: Facebook stock in freefall! (20% drop in 1-day)

Whew, I'm glad I didn't accept that job offer to work at FB and even gladder I didn't buy the stock 5 years ago -- No one, ever This. It has still increased 460% in a little over 6 years. this is where I break from some of the BH community. i invest in index funds because it just happens to be a gr...
by bgf
Thu Jul 26, 2018 3:57 pm
Forum: Investing - Theory, News & General
Topic: Hold one stock 25 years
Replies: 68
Views: 6049

Re: Hold one stock 25 years

if alphabet showed the same kind of focus and integrity with respect to longterm creation of shareholder value like berkshire does, then i think you'd have a pretty solid investment. unfortunately, many companies, even great companies, do not look at shareholder value as their highest priority. stoc...
by bgf
Thu Jul 26, 2018 3:51 pm
Forum: Investing - Theory, News & General
Topic: Facebook stock in freefall! (20% drop in 1-day)
Replies: 120
Views: 10743

Re: Facebook stock in freefall! (20% drop in 1-day)

Whew, I'm glad I didn't accept that job offer to work at FB and even gladder I didn't buy the stock 5 years ago -- No one, ever This. It has still increased 460% in a little over 6 years. this is where I break from some of the BH community. i invest in index funds because it just happens to be a gr...
by bgf
Thu Jul 26, 2018 9:49 am
Forum: Investing - Help with Personal Investments
Topic: $25k cash to invest - lump sum into Taxable or monthly into 401k?
Replies: 11
Views: 729

Re: $25k cash to invest - lump sum into Taxable or monthly into 401k?

Also, make sure your employer will "true up" any matching if you max out your contributions before the end of the year. A call to your plan administrator (eg Fidelity) would be able to clarify this. exactly. some employers will only contribute your match in months that you contribute... if you max ...
by bgf
Thu Jul 26, 2018 9:39 am
Forum: Investing - Help with Personal Investments
Topic: Your age in bonds?
Replies: 57
Views: 6428

Re: Your age in bonds?

I would appreciate a little clarification. I've seen the rule of thumb to invest your age in bonds however, I believe that some have said that the bond allocation should include the capitalized value of pensions and SS. I wouldn't include capitalized value of pensions and SS but I probably WOULD ma...
by bgf
Tue Jul 24, 2018 10:47 am
Forum: Investing - Theory, News & General
Topic: I don’t understand the concept of cost of equity
Replies: 26
Views: 2185

Re: I don’t understand the concept of cost of equity

triceratop wrote:
Tue Jul 24, 2018 10:43 am
NoRegret wrote:
Mon Jul 23, 2018 9:57 pm
Doesn’t appear to be many believers in Modigliani-Miller around here.
https://en.m.wikipedia.org/wiki/Modigli ... er_theorem
MM comes around a lot when we get into the famous dividend vs buyback arguments. :)
i don't understand why it does given the assumptions it makes.
by bgf
Mon Jul 23, 2018 1:30 pm
Forum: Investing - Theory, News & General
Topic: What are you up YTD? [Year To Date]
Replies: 1937
Views: 353076

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

foo.c wrote:
Mon Jul 23, 2018 11:48 am
Image
sigh, january was fun...
by bgf
Mon Jul 23, 2018 1:12 pm
Forum: Investing - Help with Personal Investments
Topic: Biggest financial decision of my life: selling a big wad of options
Replies: 46
Views: 5139

Re: Biggest financial decision of my life: selling a big wad of options

Thanks, this has been super helpful. I didn't know about the tax distinction between NQSOs and ISOs, so that makes a big difference. (I said NSO because I just saw an Investopedia article that refers to NQSOs as NSOs.) My remaining struggle is about timing the market. The stock recently hit stratos...
by bgf
Mon Jul 23, 2018 10:40 am
Forum: Investing - Theory, News & General
Topic: Does "Time in the Market" Heal All Portfolio Wounds?
Replies: 57
Views: 5681

Re: Does "Time in the Market" Heal All Portfolio Wounds?

We don't get to choose how old we'll be or when a 20-30 year sideways market will happen. The "hope and pray" strategy never sat well with me. That is why I recommend to invest in real assets that produce cash flow. Oh look, another interesting thread derailed by WanderingDoc and his incessant, tir...
by bgf
Fri Jul 20, 2018 9:42 am
Forum: Investing - Help with Personal Investments
Topic: Should I Dump a Pile of Money on Young Son?
Replies: 157
Views: 13287

Re: Should I Dump a Pile of Money on Young Son?

gift him half the dividends annually and reinvest the rest. merry christmas son. also maybe make it clear that these are gifts and should be not considered as reliable in the future.
by bgf
Fri Jul 20, 2018 7:38 am
Forum: Investing - Help with Personal Investments
Topic: Tell me what's wrong with my strategy
Replies: 105
Views: 7412

Re: Tell me what's wrong with my strategy

There is a reason why one of the boglehead principle is: diversify Please research the following: - systemic risk - unsystematic or non-systemic risk - diversifiable risk By investing in individual stocks one is taking a diversifiable risk for which one is not rewarded. but OP's portfolio IS divers...
by bgf
Thu Jul 19, 2018 1:53 pm
Forum: Investing - Help with Personal Investments
Topic: Tell me what's wrong with my strategy
Replies: 105
Views: 7412

Re: Tell me what's wrong with my strategy

while passive investing is an excellent investment strategy, it is NOT the only effective investment strategy. just look at all the arguments we have here about a factor based strategy, or a tilt this or tilt that strategy. should we have corporate bonds? international equities? international bonds?...
by bgf
Thu Jul 19, 2018 1:26 pm
Forum: Investing - Help with Personal Investments
Topic: Tell me what's wrong with my strategy
Replies: 105
Views: 7412

Re: Tell me what's wrong with my strategy

New to bogleheads and I feel lucky to find such a welcoming and knowledgeable community. I'm about to invest my first 500k into a stock portfolio (I have a moderate/high to high-risk tolerance). I'm not considering retirement (I'm 45 and I've owned and held high end commercial real estate since I w...
by bgf
Thu Jul 19, 2018 8:19 am
Forum: Investing - Theory, News & General
Topic: Acceptable uses...New Financial Chromebook
Replies: 35
Views: 4371

Re: Acceptable uses...New Financial Chromebook

Can a Chromebook run excel and word? chromebooks can run google sheets and docs online and offline. if you purchase a chromebook that is capable of running android apps, like my google pixelbook, then you can run the android app versions of excel and word. edit* also, if microsoft provides those pr...
by bgf
Thu Jul 19, 2018 7:44 am
Forum: Investing - Theory, News & General
Topic: Invest in Tesla?
Replies: 341
Views: 21760

Re: Invest in Tesla?

Attention grabbing Headline of today - Tesla Could Be Doomed by Earning Money https://www.barrons.com/articles/tesla-could-be-doomed-by-earning-money-1531942345?mod=yahoobarrons&ru=yahoo&yptr=yahoo that has been precisely my hypothesis for a few years now. it is easier to build castles in the sky w...
by bgf
Wed Jul 18, 2018 3:26 pm
Forum: Investing - Help with Personal Investments
Topic: High Crypto Allocation
Replies: 37
Views: 3070

Re: High Crypto Allocation

My buddy has 25% of his total net worth allocated to crypto (15% of which is btc). Close to 5% of my net worth is allocated to crypto right now. He makes the argument to me that if I believe in its speculative capabilities enough to invest 5%, why not bump it up to 20%? I have a large allocation to...
by bgf
Wed Jul 18, 2018 3:19 pm
Forum: Personal Finance (Not Investing)
Topic: Salary vs. Lifestyle
Replies: 142
Views: 17049

Re: Salary vs. Lifestyle

Everybody I know that has had higher salary has figured out a way to enjoy life while earning a higher salary. I think much of the pain now stuff is just talk to make the wealthy feel more normal and not get hassled by the less well off. Excellent points. Victoria I don't understand the points. Can...
by bgf
Fri Jul 06, 2018 7:45 am
Forum: Investing - Help with Personal Investments
Topic: Why not go 100% stocks?
Replies: 125
Views: 13882

Re: Why not go 100% stocks?

And having some bonds to rebalance is not guaranteed to have left cash on the table: https://www.portfoliovisualizer.com/backtest-asset-class-allocation?s=y&mode=2&startYear=1981&endYear=2018&initialAmount=10000&annualOperation=0&annualAdjustment=0&inflationAdjusted=true&annualPercentage=0.0&freque...