Search found 160 matches

by jibantik
Sun Jul 21, 2019 2:51 pm
Forum: Personal Consumer Issues
Topic: Dogs and homeowners insurance company
Replies: 23
Views: 571

Re: Dogs and homeowners insurance company

If your dog does not have documented ancestry through a kennel club of belonging to a particular breed, then the dog is a mutt and you can truthfully say your dog is not one of the "dangerous" breeds. Good way around that since breed is not a scientific classification. Garbage in, garbage out :D.
by jibantik
Sat Jul 20, 2019 7:32 pm
Forum: Personal Investments
Topic: Gold?
Replies: 85
Views: 3891

Re: Gold?

willthrill81 wrote:
Sat Jul 20, 2019 4:46 pm
jibantik wrote:
Sat Jul 20, 2019 4:32 pm
Gold is not an investment. And I wouldn't keep it for catastrophic events either because in those events of rather have food and water.
Gold, food, and water are not mutually exclusive.
With my income and my retirement goals, they are for me.
by jibantik
Sat Jul 20, 2019 7:28 pm
Forum: Personal Investments
Topic: Gold?
Replies: 85
Views: 3891

Re: Gold?

by jibantik
Sat Jul 20, 2019 4:32 pm
Forum: Personal Investments
Topic: Gold?
Replies: 85
Views: 3891

Re: Gold?

Gold is not an investment. And I wouldn't keep it for catastrophic events either because in those events of rather have food and water.
by jibantik
Thu Jul 18, 2019 8:58 am
Forum: Personal Finance (Not Investing)
Topic: Explaining the magic of compound interest to teenagers
Replies: 75
Views: 3300

Re: Explaining the magic of compound interest to teenagers

Exponential growth is extremely hard to get an intuitive sense of. That is why advisors can charge 1-2% fees, which can end up losing you over 50% of your total retirement savings, because the 1-2% _seems_ small. To see how unintuitive exponential growth is for our minds, one interesting thing you c...
by jibantik
Sun Jul 14, 2019 7:47 pm
Forum: Personal Finance (Not Investing)
Topic: No A/C in Office [not a safe work environment]
Replies: 86
Views: 7552

Re: No A/C in Office [not a safe work environment]

Just start de-layering. At a certain point I am sure you will be permitted to go home :D
by jibantik
Tue Jul 09, 2019 2:52 pm
Forum: Personal Investments
Topic: 34yo, baby on way, leaving expensive financial advisor... Please Help!
Replies: 27
Views: 2535

Re: 34yo, baby on way, leaving expensive financial advisor... Please Help!

Just want to say congratulations to OP. By dropping your advisor who charges insane fees, you will be saving around 50% of your total lifetime returns. Best decision you will ever make :sharebeer https://docs.google.com/spreadsheets/d/1e84iEblhPhdtWuOCR25v1M96ug6IHwGU8FelxJ8M-vY/pubchart?oid=8531810...
by jibantik
Tue Jul 09, 2019 2:47 pm
Forum: Personal Investments
Topic: Should we invest in an island home?
Replies: 25
Views: 4141

Re: Should we invest in an island home?

Why do you need home equity?? Why put yourself through this? :confused

Just put the difference in VTWAX instead. I WISH the equity I had in my home was in VTWAX.
by jibantik
Tue Jul 09, 2019 2:43 pm
Forum: Investing - Theory, News & General
Topic: US and INTL Returns
Replies: 18
Views: 2076

Re: US and INTL Returns

oldzey wrote:
Tue Jul 09, 2019 10:59 am
TropikThunder wrote:
Tue Jul 09, 2019 2:40 am
oldzey wrote:
Mon Jul 08, 2019 10:55 pm
jibantik wrote:
Mon Jul 08, 2019 1:22 pm
BUY THE HAYSTACK. It is literally that simple.
+1 for Total Market Index Funds!
Including international!
And Total World!
Yep. "BUY THE MARKET" means "BUY THE MARKET". That is, the TOTAL WORLD MARKET. :sharebeer
by jibantik
Mon Jul 08, 2019 8:27 pm
Forum: Personal Investments
Topic: Anyone here investing in Prison REITs?
Replies: 30
Views: 2687

Re: Anyone here investing in Prison REITs?

If I own any part of them in VTWAX, that is one part of my portfolio I hope goes to 0.
by jibantik
Mon Jul 08, 2019 5:57 pm
Forum: Personal Finance (Not Investing)
Topic: Is there any place you can buy a house for 50k west of Kansas?
Replies: 27
Views: 3720

Re: Is there any place you can buy a house for 50k west of Kansas?

https://www.zillow.com/homedetails/201-E-Cedar-St-Rawlins-WY-82301/114582329_zpid/ Here's one. I randomly picked a city. There are probably many places in the mountain west. lmao, tenant occupied... Is that legal? To sell a house with a tenant? Sure, why wouldn't it be? Rental properties are bought...
by jibantik
Mon Jul 08, 2019 2:02 pm
Forum: Personal Finance (Not Investing)
Topic: Is there any place you can buy a house for 50k west of Kansas?
Replies: 27
Views: 3720

Re: Is there any place you can buy a house for 50k west of Kansas?

trueblueky wrote:
Sun Jul 07, 2019 7:32 pm
https://www.zillow.com/homedetails/201- ... 2329_zpid/

Here's one. I randomly picked a city. There are probably many places in the mountain west.
lmao, tenant occupied... Is that legal?
by jibantik
Mon Jul 08, 2019 1:22 pm
Forum: Investing - Theory, News & General
Topic: US and INTL Returns
Replies: 18
Views: 2076

Re: US and INTL Returns

BUY THE HAYSTACK. It is literally that simple.
by jibantik
Mon Jul 08, 2019 10:20 am
Forum: Personal Investments
Topic: Anyone itching to dabble in crypto?
Replies: 46
Views: 2792

Re: Anyone itching to dabble in crypto?

Between these types of threads and the US-only investing threads, it's truly amazing to see how many "bogleheads" speculate. Shows that even the enlightened can become blind to justify their irrational behavior.
by jibantik
Thu Jul 04, 2019 3:51 pm
Forum: Personal Investments
Topic: 100% in VTSAX
Replies: 15
Views: 1825

Re: 100% in VTSAX

michaeljmroger wrote:
Thu Jul 04, 2019 3:48 pm
I’d have zero problem if you were doing that with VTWAX instead.
+1
by jibantik
Mon Jul 01, 2019 4:52 pm
Forum: Personal Consumer Issues
Topic: Wood burning stoves
Replies: 29
Views: 1768

Re: Wood burning stoves

Thanks all for the information so far. Some answers to questions posed to me You're looking for a free-standing stove, not a wood-burning insert for an existing open fireplace, right? Will this be your main heat source, or supplemental heat for cold temperatures, power outages, etc? Yes, free-standi...
by jibantik
Mon Jul 01, 2019 2:15 pm
Forum: Personal Consumer Issues
Topic: Wood burning stoves
Replies: 29
Views: 1768

Wood burning stoves

I am in the market for a wood burning stove for heating in the winter. I am not really familiar with them at all, just starting my research now. If you have any brand or model recommendations, or suggestions in general, I would greatly appreciate hearing them. I have about 1500 sqft to heat (size of...
by jibantik
Wed Jun 26, 2019 7:07 pm
Forum: Investing - Theory, News & General
Topic: Dave Ramsey says to give up employer 401K match to pay down debt
Replies: 148
Views: 8153

Re: Dave Ramsey says to give up employer 401K match to pay down debt

The only time I have ever hear Ramsey say anything accurate is when he says he is doing better than he deserves. That couldn't be any closer to the truth.

It's amazing that a guy who doesn't understand the math between roth and traditional accounts has somehow become a financial guru.
by jibantik
Wed Jun 26, 2019 3:12 pm
Forum: Personal Finance (Not Investing)
Topic: Considering adding second level to house [Bay Area]
Replies: 37
Views: 2686

Re: Considering adding second level to house [Bay Area]

It can be a good idea for rental income but you need to work on your definition of free... That's like saying I can buy a 1 million dollar house but because it's worth 1 million dollars, it's free. $400k will move from my checking account to my home equity. My net worth stays the same, and I get to...
by jibantik
Tue Jun 25, 2019 8:04 pm
Forum: Investing - Theory, News & General
Topic: Crypto bulls are back. Are you getting in?
Replies: 278
Views: 22822

Re: Crypto bulls are back. Are you getting in?

bikechuck wrote:
Tue Jun 25, 2019 7:48 pm
jibantik wrote:
Tue Apr 09, 2019 9:19 pm
Nope. Any money i'd put in crypto i'd rather put into VTWAX.

Also, didn't they determine the last bull was due to some bad actors performing price manipulation or some exchanges trying to build traffic?
What is VTWAX?
Vanguard Total World Stock Index Fund
by jibantik
Tue Jun 25, 2019 3:10 pm
Forum: Investing - Theory, News & General
Topic: Excluding International All Together?
Replies: 82
Views: 9195

Re: Excluding International All Together?

As a U.S. Investor, 0% international works for me. Why? The inception date of Vanguard Total Stock U.S. Stock Market Index Fund ( VTSMX ) was 4/27/1992. The inception date of Vanguard Total International Stock Index Fund ( VGTSX ) was 4/29/1996. Per Morningstar , as of 6/24/2019, if you had investe...
by jibantik
Tue Jun 18, 2019 4:21 pm
Forum: Investing - Theory, News & General
Topic: Should I abandon the Total International Stock Index Fund for greener pastures?
Replies: 110
Views: 10161

Re: Should I abandon the Total International Stock Index Fund for greener pastures?

I have a question for people on both sides of this issue. What would it take to change your mind? Or to put it scientifically, what would it take to falsify your theory ? ... I do not claim anything, I take the null position (market cap). This likely the position of many people who invest in intern...
by jibantik
Tue Jun 18, 2019 3:15 pm
Forum: Personal Consumer Issues
Topic: How to avoid high vet bills?
Replies: 110
Views: 6486

Re: How to avoid high vet bills?

There are good vets and bad vets. Good vets are worth whatever they charge. Do you "replace" your kids if they have high medical bills? How about the spouse, is he/she out the door if they get costly? Dogs are not "children", nor are "children" dogs. I value people much more than animals. Meh, I'd ...
by jibantik
Mon Jun 17, 2019 2:34 pm
Forum: Investing - Theory, News & General
Topic: Should I abandon the Total International Stock Index Fund for greener pastures?
Replies: 110
Views: 10161

Re: Should I abandon the Total International Stock Index Fund for greener pastures?

... Any errors in logic here? Yes, a few massive errors. You are performance chasing and you are speculating (and I emphasize that word). I am not sure why you think you can predict how thousands up thousands of global companies all around the world are going to perform decades into the future, but...
by jibantik
Sun Jun 02, 2019 9:14 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 11060
Views: 1939953

Re: U.S. stocks in free fall

That depends on how much money and how long. In my case, I'm dealing with <1% of portfolio value on the first of each month. And the goal is to get that excess cash invested in my taxable account on a good buying day during the month. Simple... Unless you can travel in the past, or you can see the ...
by jibantik
Sat Jun 01, 2019 9:44 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 11060
Views: 1939953

Re: U.S. stocks in free fall

...If you have money to buy when there is a sale, you should have already had that money in the market. You shouldn't hold money around to buy when there is a sale. Time in the market, not timing the market. That depends on how much money and how long. In my case, I'm dealing with <1% of portfolio ...
by jibantik
Thu May 23, 2019 9:38 pm
Forum: Personal Consumer Issues
Topic: Anyone else looking forward to Game of Thrones?
Replies: 90
Views: 8721

Re: Anyone else looking forward to Game of Thrones?

In a show with a lot of unlikable characters, Bran may have been the most unlikable (he absolutely was for my wife). And with so much character development, so little is spent on him throughout the show. So many unanswered questions when it comes to him. He's just odd and the entire scene where Tyr...
by jibantik
Tue May 21, 2019 7:47 pm
Forum: Personal Consumer Issues
Topic: Anyone else looking forward to Game of Thrones?
Replies: 90
Views: 8721

Re: Anyone else looking forward to Game of Thrones?

I guess I am not the only one upset at this season. Pretty terrible final episode (and final season in total) huh? Guess I will be reading the book :annoyed https://static01.nyt.com/images/2019/05/16/us/game-of-thrones-imdb-ratings-promo-1558052978407/game-of-thrones-imdb-ratings-promo-1558052978407...
by jibantik
Tue May 21, 2019 7:45 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 11060
Views: 1939953

Re: U.S. stocks in free fall

If you have money to buy when there is a sale, you should have already had that money in the market. You shouldn't hold money around to buy when there is a sale. Time in the market, not timing the market. I have an amount I invest every month. I like to buy the dips but April didn't have any dips a...
by jibantik
Mon May 20, 2019 10:34 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 11060
Views: 1939953

Re: U.S. stocks in free fall

The thread teaches over and over again that a stock market free fall is not a reason to sell stocks. Yes. But it may be a reason to buy stocks, no? To me, the stock market is like Macy's. I buy when there's a sale. If you have money to buy when there is a sale, you should have already had that mone...
by jibantik
Sun May 19, 2019 11:54 am
Forum: Investing - Theory, News & General
Topic: Bogle "5% Gold"
Replies: 201
Views: 20985

Re: Bogle "5% Gold"

So let me get this straight, because of <insert american exceptionalism bias here> international outperforming US is an absurd enough concept that we should just hold 100% US (or at least not more than 20% international). However, the possibility of <crap> hitting the fan is high enough that I shoul...
by jibantik
Fri May 17, 2019 4:33 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 11060
Views: 1939953

Re: U.S. stocks in freefall

HAHAHAHA!! I was often criticized for shorting TSLA, but it's the best investment I ever made. I could cover my position and buy a nice beach house right now. How many beach houses does the loss described below equate to? :P Things will get much more exciting around here when DOW plunges to 16,000 ...
by jibantik
Thu May 16, 2019 4:21 pm
Forum: Personal Investments
Topic: VTSAX or VTWAX over the next 35 years?
Replies: 173
Views: 18828

Re: VTSAX or VTWAX over the next 35 years?

Fair questions, but to play devil's advocate for a minute...... There are plenty of new people on the forum every day seeking to learn - as evident by the recurring questions. Clearly these folks weren't part of last week's discussion and the responses are all new information to them. Counter-Quest...
by jibantik
Thu May 16, 2019 11:25 am
Forum: Personal Investments
Topic: VTSAX or VTWAX over the next 35 years?
Replies: 173
Views: 18828

Re: VTSAX or VTWAX over the next 35 years?

The inception date of Vanguard Total Stock U.S. Stock Market Index Fund ( VTSMX ) was 4/27/1992. The inception date of Vanguard Total International Stock Index Fund ( VGTSX ) was 4/29/1996. Per Morningstar , as of 5/14/2019, if you had invested $10,000 in both funds on 4/29/1996, you would currentl...
by jibantik
Wed May 15, 2019 6:51 pm
Forum: Personal Investments
Topic: Help my broker is trying to freak me out
Replies: 94
Views: 14110

Re: Help my broker is trying to freak me out

thank you everyone this has been really helpful. Thinking of moving to Merrill Edge. Need to check what I can move in kind. It is hard to believe paying 1% fee on $600k cost about $150k it seems so high and the fact it might be true is so shocking to me I can’t believe anyone would use a broker. Al...
by jibantik
Wed May 15, 2019 6:45 pm
Forum: Personal Investments
Topic: Help my broker is trying to freak me out
Replies: 94
Views: 14110

Re: Help my broker is trying to freak me out

thank you everyone this has been really helpful. Thinking of moving to Merrill Edge. Need to check what I can move in kind. It is hard to believe paying 1% fee on $600k cost about $150k it seems so high and the fact it might be true is so shocking to me I can’t believe anyone would use a broker. Al...
by jibantik
Wed May 15, 2019 11:06 am
Forum: Personal Investments
Topic: VTSAX or VTWAX over the next 35 years?
Replies: 173
Views: 18828

Re: VTSAX or VTWAX over the next 35 years?

VTWAX of course. If you went VTSAX you would be asserting that you can predict how thousands of companies all around the world will perform decades into the future. The fact that you are asking means you cannot predict that. Another reason I know that you cannot predict such a thing is because no on...
by jibantik
Sat May 11, 2019 10:01 am
Forum: Investing - Theory, News & General
Topic: Why I bet on S&P500
Replies: 51
Views: 3085

Re: Why I bet on S&P500

The S&P 500 really stank in the 2000s though. hehe, there's always a price to pay after the dot-com mania :D In 2000 I was still a toddler hugging my computer monitor. If you are this young you definitely should not be speculating and you definitely should not be 100% US (and a subset of US no less...
by jibantik
Sat May 11, 2019 9:21 am
Forum: Investing - Theory, News & General
Topic: Why I bet on S&P500
Replies: 51
Views: 3085

Re: Why I bet on S&P500

The S&P 500 really stank in the 2000s though. hehe, there's always a price to pay after the dot-com mania :D In 2000 I was still a toddler hugging my computer monitor. If you are this young you definitely should not be speculating and you definitely should not be 100% US (and a subset of US no less...
by jibantik
Fri May 10, 2019 8:50 pm
Forum: Investing - Theory, News & General
Topic: What is your U.S./ex-U.S. stock allocation?
Replies: 210
Views: 10945

Re: How much international stock? A suggestion.

Put me down as global market cap. Not sure the current weighting, nor do I care.
Taylor Larimore wrote:
Thu May 09, 2019 8:43 pm
Bogleheads:

No one knows what will be the best U.S./e-U.S. stock allocation at a future date.

...

Best wishes.
Taylor
+1000. Could NOT agree more. This is exactly why everyone should be global market cap.
by jibantik
Wed May 08, 2019 6:53 pm
Forum: Personal Consumer Issues
Topic: Anyone else looking forward to Game of Thrones?
Replies: 90
Views: 8721

Re: Anyone else looking forward to Game of Thrones?

Great series but I feel like season 7 and 8 dropped a bit in terms of overall quality. PSA: Do not read the game of thrones subreddit if you want to continue enjoying the show by the way. :) Yes, the episodes seem to be getting worse and worse. I thought this past episode (S08E04) was terrible. If ...
by jibantik
Tue May 07, 2019 3:18 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 11060
Views: 1939953

Re: U.S. stocks in free fall

more interested in how the week closes rather than a daily close I wish someone could tell me where the S&P will close in Mar 2023. That would sure help my planning. Yes, a crystal ball is welcome :-) We should be able to find one laying around somewhere, there are plenty of people on this forum wh...
by jibantik
Tue May 07, 2019 3:01 pm
Forum: Personal Investments
Topic: I tried to fire my financial advisor of 12 years today...
Replies: 127
Views: 13705

Re: I tried to fire my financial advisor of 12 years today...

I'm now 40 and after reading a few investment books recently, I quickly realized the 1.5% he's been charging me is going to murder me in the long run . My plan is to switch over to a two-fund index fund at Vanguard. So I tried to fire him today and it was tough. ... I'm feeling bad about pulling th...
by jibantik
Sat May 04, 2019 9:38 am
Forum: Personal Investments
Topic: Vanguard target date vs. convoluted portfolio
Replies: 32
Views: 2007

Re: Vanguard target date vs. convoluted portfolio

It’s a free Service for my work. Want to get a check up so to speak. See if I was missing anything outside of my own research and on track for retirement. That "free" advice could turn into something extremely expensive. https://docs.google.com/spreadsheets/d/1e84iEblhPhdtWuOCR25v1M96ug6IHwGU8FelxJ...
by jibantik
Sun Apr 28, 2019 5:21 pm
Forum: Investing - Theory, News & General
Topic: Justifying Home Bias in your Portfolio
Replies: 97
Views: 6353

Re: Justifying Home Bias in your Portfolio

I've never understood why John Bogle, leader of the Bogleheads, is strong advocate of 100% US allocation, yet his disciples seem to preach the merits of international. I tend to agree with Bogle himself; the US is business friendly, stable, and flush with capital. I can't think of another country I...
by jibantik
Sun Apr 28, 2019 9:52 am
Forum: Investing - Theory, News & General
Topic: Justifying Home Bias in your Portfolio
Replies: 97
Views: 6353

Re: Justifying Home Bias in your Portfolio

This isn’t really a reason. And what are you reading that says they will have the same risk and return? I have read precisely the opposite, higher risk so they are valued less. Be mindful that it’s possible international could under perform for a decade or two... then only to lose more money at the...
by jibantik
Fri Apr 26, 2019 8:45 pm
Forum: Personal Investments
Topic: Dump international?
Replies: 228
Views: 15345

Re: Dump international?

Total World Index (VTWAX) should be strongly considered the default equities holding unless you are supremely confident you could have predicted the outcome of any significant timeframe in the graph below and are sure you can extrapolate it for the future. 1900-2017 via Credit Suisse https://i.imgu...
by jibantik
Thu Apr 25, 2019 7:57 pm
Forum: Personal Consumer Issues
Topic: Sinemia shuts down US operations
Replies: 7
Views: 1599

Re: Sinemia shuts down US operations

From sinemia.com "Dear Customer, Today, with a heavy heart, we’re announcing that Sinemia is closing its doors and ending operations in the US effective immediately. As Sinemia, we set out our journey with the vision to help as many moviegoers as possible to enjoy an affordable and better experienc...
by jibantik
Thu Apr 25, 2019 11:47 am
Forum: Personal Investments
Topic: Dump international?
Replies: 228
Views: 15345

Re: Dump international?

Just dump everything. The US Bond Index returned 0.1% in 2018. Don't need no stinking bonds. International stocks have trailed US Stocks for a decade. Don't need no stinking International. Much of the gain in the S&P 500 and the US Total Stock Market Index has been in the FAANG stocks (Facebook, Ap...
by jibantik
Wed Apr 24, 2019 7:35 pm
Forum: Personal Investments
Topic: Dump international?
Replies: 228
Views: 15345

Re: Dump international?

Total World Index (VTWAX) should be strongly considered the default equities holding unless you are supremely confident you could have predicted the outcome of any significant timeframe in the graph below and are sure you can extrapolate it for the future. 1900-2017 via Credit Suisse https://i.imgu...