Search found 631 matches

by Rus In Urbe
Mon Jun 29, 2020 4:37 pm
Forum: Personal Finance (Not Investing)
Topic: What is the best financial decision you ever made?
Replies: 193
Views: 13706

Re: What is the best financial decision you ever made?

*
Amicable Divorce.

And marrying a partner with the same values (one of them, frugality)!

Life is easy and wonderful with the right partner.

It makes ALL the difference in your finances too because you can enjoy every moment (even moments that cost absolutely nothing.

23 years of utter bliss....
by Rus In Urbe
Wed May 13, 2020 12:52 pm
Forum: Personal Finance (Not Investing)
Topic: Sell Equities and Pay off Mortgage or wait ?
Replies: 59
Views: 3114

Re: Sell Equities and Pay off Mortgage or wait ?

You'll love living mortgage-free.

:sharebeer Congrats. Rus.
by Rus In Urbe
Wed May 13, 2020 12:50 pm
Forum: Investing - Theory, News & General
Topic: Experts say now is not the time to buy into index fund
Replies: 38
Views: 4565

Re: Experts say now is not the time to buy into index fund

To the OP, the BH-way works for the vast majority of investors. John Bogle had it right. So, go with that. However, do take into account your own timeline. And your resources. If you have another 20-30 years until retirement, have at it---keep buying indexes. If your timeline is more like 5-10 years...
by Rus In Urbe
Thu May 07, 2020 9:09 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 6414
Views: 542034

Re: U.S. stocks continue to soar!

Kookaburra Think about the absurdity of this scenario. The last time unemployment was this high, we were going into the Great Depression and the market was headed down to the tune of an 80+% drop and a down market that would last for years. What’s the difference? The Fed, and it’s unspoken 3rd mand...
by Rus In Urbe
Mon May 04, 2020 11:39 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 19256
Views: 2673143

Re: U.S. stocks in free fall

Bronko wrote: I agree Will. Also you're last post concerning charting of dead cat bounces, rally's, etc was telling. Stay the course is proven and solid advice. Except when it isn't. 30 million new unemployed, massive debt added on, many businesses so damaged they won't reopen. I'm all for playing ...
by Rus In Urbe
Thu Apr 16, 2020 9:41 am
Forum: Investing - Theory, News & General
Topic: Well, I am market timing due to coronavirus... Wish me luck.
Replies: 1220
Views: 107647

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

Hustlinghustling » Wed Mar 25, 2020 10:52 pm One of the wrong conclusions people come to off the back of BH philosophy is that timers never win. That's patently false. Timers in long run usually don't beat the market, but in the short-term - even by BH principles - anything is fair game. It's obvio...
by Rus In Urbe
Thu Apr 16, 2020 9:28 am
Forum: Investing - Theory, News & General
Topic: Retirees: what are you doing with all the home equity?
Replies: 117
Views: 7600

Re: Retirees: what are you doing with all the home equity?

adamthesmythe If one has adequate retirement funds, there is no reason to "do anything" with it. Indeed, having 100% equity keeps absolutely essential spending low, making it very easy to weather periods when the stock market has a conniption. +1 Our long-ago paid-off home constitutes 7% of our N.W...
by Rus In Urbe
Wed Apr 15, 2020 4:23 pm
Forum: Personal Consumer Issues
Topic: Please share some lifestyle creep you regret.
Replies: 226
Views: 27437

Re: Please share some lifestyle creep you regret.

* We took a Viking cruise. The 2 week Grand Tour through the middle of Europe. We've never been "cruise fans" and had done only one previously (Alaska for the grandkids, which was okay for us, great for them). When we travel we like to go to one city or one island and be there for a time and really ...
by Rus In Urbe
Wed Apr 15, 2020 1:59 pm
Forum: Personal Consumer Issues
Topic: Convince me - for or against bigger home
Replies: 92
Views: 5497

Re: Convince me - for or against bigger home

+1 This is a family issue, not a financial issue. A larger house is unlikely to solve the problem. Get serious about apportioning appropriate space to every family member fairly. Kids need their own space; parents need a bedroom that is not ever shared. Perhaps build a small shed out back for the pr...
by Rus In Urbe
Wed Apr 15, 2020 9:01 am
Forum: Investing - Theory, News & General
Topic: "Marketing timing" comments from a quant
Replies: 106
Views: 4561

Re: "Marketing timing" comments from a quant

Thanks Ochotona! :sharebeer Your post is a reminder that there are many ways to invest smartly. This board is a wonderful community, but it can get rather religious at times, which is tiresome. But that keeps the flock orderly. I greatly admire Jack Bogle for setting free a huge number of investors ...
by Rus In Urbe
Wed Apr 15, 2020 8:22 am
Forum: Investing - Theory, News & General
Topic: Sitting on a bunch of cash; what to do with it if I believe we're headed for SPX 1800 and protracted recession?
Replies: 206
Views: 21549

Re: Sitting on a bunch of cash; what to do with it if I believe we're headed for SPX 1800 and protracted recession?

empiricist wrote: Cheers, Rus! :beer I am also frequently called a pessimist, but I take some umbrage with that - I'm not hoping for the best or the worst, I'm just trying to make the best predictions given the evidence! When the evidence is actually alarming, calling one a pessimist is a way peopl...
by Rus In Urbe
Wed Apr 15, 2020 7:51 am
Forum: Investing - Theory, News & General
Topic: What in the world is propping up this market?
Replies: 206
Views: 20847

Re: What in the world is propping up this market?

RayKeynes I can tell you what propped up the market: - First: Oversold conditions (RSI) at 2'200 + FED releasing unlimited QE + Government adding 2 Trillion stimulus package - Second: Shorts Covering + take gains - Third: Fed releasing another 2.3 Trillion stimulus for buying junk bonds - Fourth: F...
by Rus In Urbe
Wed Apr 15, 2020 7:34 am
Forum: Personal Investments
Topic: Follow along if you want (market timing maybe)
Replies: 26
Views: 2933

Re: Follow along if you want (market timing maybe)

* I recently posted this chestnut over my desk: Be Fearful When Others Are Greedy and Greedy When Others Are Fearful. ― Warren Buffett "Stay the course" may mean forge your own path, be clear about your goals, and stick to it. (That's not a popular view on this forum and it's human nature to look fo...
by Rus In Urbe
Tue Apr 14, 2020 4:54 pm
Forum: Investing - Theory, News & General
Topic: Head Fakes and Dead Cats .. your thoughts on the rally?
Replies: 386
Views: 32600

Re: Head Fakes and Dead Cats .. your thoughts on the rally?

epicahab

But everyone seems greedy right now...shouldn't I then be fearful?
yes.

it remains to be seen-----how fearful. it will play out over the year ahead. we are only at the beginning of the beginning.

IMHO
by Rus In Urbe
Tue Apr 14, 2020 4:44 pm
Forum: Investing - Theory, News & General
Topic: Head Fakes and Dead Cats .. your thoughts on the rally?
Replies: 386
Views: 32600

Re: Head Fakes and Dead Cats .. your thoughts on the rally?

* +1 After reading all the economic stats and quarterly reports, etc., today I posted this old chestnut over my desk: Be Fearful When Others Are Greedy and Greedy When Others Are Fearful. --Warren Buffett It has always been my mantra, never more so than now. Be Safe. Be Kind. Be Generous. Rus. :beer
by Rus In Urbe
Tue Apr 14, 2020 3:32 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 6414
Views: 542034

Re: U.S. stocks continue to soar!

Rus In Urbe wrote: A good time to remember the Warren Buffett exhortation: “Be Fearful When Others Are Greedy and Greedy When Others Are Fearful.” That one has always worked for me. Cheers. :beer Firebirdparts wrote: I'm usually fine with this, but right now, I can't tell whether others are greedy ...
by Rus In Urbe
Tue Apr 14, 2020 2:53 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 6414
Views: 542034

Re: U.S. stocks continue to soar!

*
A good time to remember the Warren Buffett exhortation:
“Be Fearful When Others Are Greedy and Greedy When Others Are Fearful.”

That one has always worked for me.

Cheers. :beer
by Rus In Urbe
Mon Apr 13, 2020 5:24 pm
Forum: Personal Investments
Topic: A tale of three regrets
Replies: 52
Views: 7787

Re: A tale of three regrets

+1 rgs92 » Mon Apr 13, 2020 6:17 pm Lessons? You should pat yourself on the back because you are basically staying the course by keeping your allocation percentages in a pretty narrow range (53 to 61% stocks) through all this volatility. Sure you made a few minor moves, but it was basically minor ch...
by Rus In Urbe
Mon Apr 13, 2020 12:36 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 19256
Views: 2673143

Re: U.S. stocks in free fall

Seasonal wrote: The FT article is behind a paywall. The other article seems sensationalized. The Fed is buying bonds that were investment grade until the coronavirus hit the market. In other words, companies that are, we hope, temporarily depressed due to the current economic disaster. This is not b...
by Rus In Urbe
Mon Apr 13, 2020 10:13 am
Forum: US Chapters
Topic: Bogleheads community discussion - Coronavirus
Replies: 1653
Views: 74555

Re: Bogleheads community discussion - Coronavirus

* The Virus particles live up to 5 days on metal (the longest timespan). Look it up if you need confirmation. Therefore. By our front door we have a mask basket of available masks (we have about six and since there are two of us, and we don't go out often, it's enough of a supply). After we use one,...
by Rus In Urbe
Mon Apr 13, 2020 9:42 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 19256
Views: 2673143

Re: U.S. stocks in free fall

nps wrote: Goldman Sachs no longer sees a bottom of 2,000 for the S&P 500. U.S. stocks are unlikely to make fresh lows thanks to the “do whatever it takes” approach of policy makers, according to Goldman Sachs Group Inc. Goldman Says U.S. Stocks Have Likely Bottomed on Policy Support Rus In Urbe wr...
by Rus In Urbe
Mon Apr 13, 2020 5:30 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 19256
Views: 2673143

Re: U.S. stocks in free fall

nps wrote: Goldman Sachs no longer sees a bottom of 2,000 for the S&P 500. U.S. stocks are unlikely to make fresh lows thanks to the “do whatever it takes” approach of policy makers, according to Goldman Sachs Group Inc. Goldman Says U.S. Stocks Have Likely Bottomed on Policy Support One wonders---...
by Rus In Urbe
Sun Apr 12, 2020 8:48 am
Forum: Investing - Theory, News & General
Topic: Head Fakes and Dead Cats .. your thoughts on the rally?
Replies: 386
Views: 32600

Re: Head Fakes and Dead Cats .. your thoughts on the rally?

* During the Great Recession we continued to plow money into the market all the way down and all the way up, and that paid off handsomely.* From 2007>2009 I remember a lot of Screeching. The bottom didn't come until you heard a whole lot of this: *This time it really IS different! *The markets are b...
by Rus In Urbe
Sun Apr 12, 2020 8:03 am
Forum: Personal Consumer Issues
Topic: Garden edging- question
Replies: 24
Views: 2097

Re: Garden edging- question

Housedoc Been watching videos where you cut a 4 inch deep trench between beds and lawn. Straight down on lawn side then 45 degree on bed side. Pack down mulch or straw material into beds and trench. Just run weed eater along edge at mowing time. I am going to do this before I get beds ready next ye...
by Rus In Urbe
Sat Apr 11, 2020 1:12 pm
Forum: Personal Consumer Issues
Topic: Should we be concerned with any banks closing?
Replies: 44
Views: 3263

Re: Should we be concerned with any banks closing?

Various articles about HSBC. All of this readily accessible with one Google search. IF you are really curious about the company and its prospects, you can find more online simply by spending some time there. Hope this is helpful . . . Cut 35,000 jobs Forbes (Feb 2020) https://www.forbes.com/sites/is...
by Rus In Urbe
Fri Apr 10, 2020 10:20 am
Forum: US Chapters
Topic: Update - we did it! THANK YOU
Replies: 15
Views: 2177

Re: Update - we did it! THANK YOU

*
HUGE CONGRATULATIONS!
This is a life-changer! The fiscal discipline you had to learn to do this will lead (if you keep to it) to a high savings rate and an accumulation of wealth. You are on your way. This is great news!

Slow and steady. Wins the race.

Rus. :beer
by Rus In Urbe
Fri Apr 10, 2020 10:15 am
Forum: Investing - Theory, News & General
Topic: We are in a full-blown Depression
Replies: 95
Views: 8166

Re: We are in a full-blown Depression

* The only thing I am absolutely certain of at this moment, is that there is a lot we don't know. Here's another piece of possibly game-changing news from Reuters: "South Korea reports recovered coronavirus patients testing positive again" https://www.reuters.com/article/us-health-coronavirus-southk...
by Rus In Urbe
Tue Apr 07, 2020 8:14 am
Forum: Personal Consumer Issues
Topic: Gardening 2020
Replies: 155
Views: 11725

Re: Gardening 2020

THanks, TheGreyingDuke. Nice to know! Rus In Urbe wrote: The Russian Kale is apparently a perennial and we'll be having a kale salad soon. TheGreyingDuke wrote: Not a perennial but a biannual, sometime late Spring it will put out a flower/seed stalk. But if you start some kale now (indoors) and plan...
by Rus In Urbe
Mon Apr 06, 2020 4:34 pm
Forum: Personal Consumer Issues
Topic: Gardening 2020
Replies: 155
Views: 11725

Re: Gardening 2020

* So this is where the Boglehead Gardeners hang out! Howdy! I'm having MAJOR ZONE ENVY reading these posts. We're Upstate NY in 5.5 zone, we're just getting the daffodils opening and the forsythia are like a blast of sunshine. My two Ocracoke Island figs (that overwintered on the back porch) are put...
by Rus In Urbe
Sun Apr 05, 2020 6:19 pm
Forum: Personal Consumer Issues
Topic: Masterclass vs Great courses?
Replies: 5
Views: 1336

Re: Masterclass vs Great courses?

* I've purchased a number of Great Courses in the past and now subscribe online. I find them extremely useful while doing other things (home repair or walking, etc). They vary in quality, so online subscription is great because if the first several lessons don't grab you, you can switch to another c...
by Rus In Urbe
Sun Apr 05, 2020 3:02 pm
Forum: US Chapters
Topic: Bogleheads community discussion - Coronavirus
Replies: 1653
Views: 74555

Re: Bogleheads community discussion - Coronavirus

* There's a whole lot of fear and anxiety going around. It's not unreasonable. Once that part of the brain gets activated, it can be a hard cycle to break (I speak from experience). If you are experiencing fear and anxiety, it is really tempting to obsessively read more scary news stories and write ...
by Rus In Urbe
Sun Apr 05, 2020 2:05 pm
Forum: Personal Investments
Topic: talk me out of reducing equity exposure
Replies: 35
Views: 2310

Re: talk me out of reducing equity exposure

* +1 Don't lock in your losses. That would be downright silly. Take the long view and figure that if, when you retire, the market has not come back and surged, you'll TLH and draw down from the bond side and make other appropriate moves. Yes, I too believe the market will fall further. And then when...
by Rus In Urbe
Sun Apr 05, 2020 1:59 pm
Forum: Investing - Theory, News & General
Topic: Your Investment Adviser’s Dirty Secret
Replies: 77
Views: 9844

Re: Your Investment Adviser’s Dirty Secret

* Great Piece! Thanks for posting this. I'll send it to a few family members who still insist on "having a guy." (Sheesh). A lot of people are intimidated by money and economics. Making investing complex provides cover for those ridiculous high fees. Every day, I'm grateful to Jack Bogle! Keep telli...
by Rus In Urbe
Sun Apr 05, 2020 1:48 pm
Forum: Personal Consumer Issues
Topic: Charity during the pandemic
Replies: 73
Views: 4617

Re: Charity during the pandemic

* We are retired. Here is what we are doing: 1. Paying all our regular workers whether they can show up or not. We told our housekeeper she's on leave with pay and we send her the usual check. Our yard guy shows up anyway since he's outdoors. Increasing some outdoor work by pruners & painters since ...
by Rus In Urbe
Sat Apr 04, 2020 8:28 pm
Forum: Personal Consumer Issues
Topic: What Amazon Prime (free) movies y'd recommend ?
Replies: 78
Views: 6687

Re: What Amazon Prime (free) movies y'd recommend ?

* We had missed "The Sopranos" when it originally aired. So we watched it (2-3 episodes a night) for a good six weeks or so. Great acting, great series of course. And interesting to see how much ground it broke, and how it influenced later long-form TV series like The Wire, Breaking Bad, MadMen, etc...
by Rus In Urbe
Sat Apr 04, 2020 4:49 pm
Forum: US Chapters
Topic: Bogleheads community discussion - Coronavirus
Replies: 1653
Views: 74555

Re: Has Covid-19 changed you?

ruralavalon wrote: We spend more time at home, really all our time. We use a shopping service (instacart) for groceries. We use the drive through to pick up medications. We use Amazon for shopping even even more than usual. We have cancelled doctors visits. We don't dine out or go to movies or play...
by Rus In Urbe
Sat Apr 04, 2020 9:31 am
Forum: US Chapters
Topic: [Archived] Bogleheads community discussion - Coronavirus
Replies: 4963
Views: 193968

Re: Bogleheads community discussion - Coronavirus

My question is, How many would not survive at all without the ventilator? Would they all die? KlangFool If I couldn't breathe, I'd want the chance to be on a ventilator and maybe beat the odds and maybe survive. But that's just me..... Be Safe. Be Kind. Be Generous. Rus. :beer (with a Quarantini)
by Rus In Urbe
Sat Apr 04, 2020 9:19 am
Forum: Investing - Theory, News & General
Topic: Anybody want to guess the bottom of this "dip"?
Replies: 573
Views: 38031

Re: Lets predict the bottom of this dip/recession

* this is so much a non-bogleheads thread....but I'll play along anyway. Dow touching the 1500s. A couple months from now. I SO hope I'm wrong! Be Safe. Be Kind. Be Generous. Rus. :beer (with a Quarantini) (and yep, I have followed the Dow since I was in the single digits; it's the number I understa...
by Rus In Urbe
Sat Apr 04, 2020 8:00 am
Forum: Investing - Theory, News & General
Topic: Is the coming pain really "priced in"?
Replies: 201
Views: 19168

Re: Is the coming pain really "priced in"?

* KyleAAA » What's known is priced in. What we will find out soon is not. If only the market was that "perfect" and homogenized! Perhaps if the market were run solely by robos and the data was perfectly calibrated and quantified, then yes. But none of that is the case. For one thing, "what is known"...
by Rus In Urbe
Fri Apr 03, 2020 4:40 pm
Forum: Personal Finance (Not Investing)
Topic: Are your personal expenses down during stay home and shelter?
Replies: 180
Views: 10835

Re: How much have YOU reduced spending during downturns?

* Seems like this question was asked by someone else..... I retired in December. An account with RMDs and two SSs cover our basic expenses. A five year CD ladder (3.1-3.4%) kicks up an additional 40K in fun money. We have not changed our spending on purpose....however: No change: 1. Most major expen...
by Rus In Urbe
Fri Apr 03, 2020 2:29 pm
Forum: Investing - Theory, News & General
Topic: Another way a crash manifests itself
Replies: 20
Views: 1837

Re: Another way a crash manifests itself

* nisiprius wrote: There's nothing wrong with printing money. The Great Depression was caused, in part, by nations being on the gold standard and being unable to print money. The task of a central bank is to print the right amount of money. Too much is bad, too little is bad. And every decision crea...
by Rus In Urbe
Fri Apr 03, 2020 2:15 pm
Forum: Personal Finance (Not Investing)
Topic: Received strange social security deposit
Replies: 16
Views: 2062

Re: Received strange social security deposit

* Just leave the extra there in the bank. Don't spend or withdraw anything more than you think you are owed. If it is a mistake, they'll claw it back. If this 'overpayment' keeps up for a few months, then you might want to contact them (right now is a crazy time and difficult to get through on the p...
by Rus In Urbe
Fri Apr 03, 2020 7:40 am
Forum: Personal Investments
Topic: Is anyone 100% TIAA?
Replies: 24
Views: 1761

Re: Is anyone 100% TIAA?

* Also retired. We have one large account at TIAA in Trad that is subject to RMDs, so Is our most conservative account. Like others, upthread, we count that on the bond side of our AA. One other TIAA-CREF account holds some equities but won't be tapped for 7 years. I too have been reluctant to put a...
by Rus In Urbe
Fri Apr 03, 2020 7:23 am
Forum: Investing - Theory, News & General
Topic: Sitting on a bunch of cash; what to do with it if I believe we're headed for SPX 1800 and protracted recession?
Replies: 206
Views: 21549

Re: Sitting on a bunch of cash; what to do with it if I believe we're headed for SPX 1800 and protracted recession?

empiricist Do you have specific arguments about how the current market valuations are justifiable, or about how we will pull out of this without an enourmous number of bankruptcies? If so, I would love to hear them, because I'm happy to change my mind if you make a strong argument. (If you're right...
by Rus In Urbe
Thu Apr 02, 2020 12:15 pm
Forum: Personal Finance (Not Investing)
Topic: Are your personal expenses down during stay home and shelter?
Replies: 180
Views: 10835

Re: Are your personal expenses down during stay home and shelter?

No change: 1. Most major expenses are fixed. 2. We're still paying housecleaner, hairdresser, others who are not currently working for/with us but need the income. 3. Yard Guy still working outside. 3. We usually cook at home anyway. 4. Live entertainment (music and theater) are pre-paid subscriptio...
by Rus In Urbe
Thu Apr 02, 2020 9:13 am
Forum: Personal Investments
Topic: Does anyone else just not care/worry?
Replies: 139
Views: 9777

Re: Does anyone else just not care/worry?

* For ourselves, I am not worried in the least. Retired in December, have a lot of backstops and guaranteed income, live frugally. We are isolated and reading/writing/gardening through this. Not so awful. We're okay. But we are the lucky ones. For others, I'm absolutely worried. Unprecedented increa...
by Rus In Urbe
Wed Apr 01, 2020 10:00 am
Forum: Investing - Theory, News & General
Topic: Buying only top 10 S&P500 companies every year
Replies: 55
Views: 3494

Re: Buying only top 10 S&P500 companies every year

* I guess I've been around so long that what goes around comes around! Do some research and you will find that the original MOTLEY FOOL had invented and promoted almost exactly such a scheme in the early to mid-1990s. You can find that original book probably online somewhere. You can read a short ar...
by Rus In Urbe
Wed Apr 01, 2020 8:41 am
Forum: US Chapters
Topic: [Archived] Bogleheads community discussion - Coronavirus
Replies: 4963
Views: 193968

Re: Bogleheads community discussion - Coronavirus

*
Fear brings out wild speculation and even paranoia.

Interesting how that is showing up in this thread.

(as we know and discuss on this board, that fear affects behavior of investors).

STC. Rus. :beer
by Rus In Urbe
Tue Mar 31, 2020 5:07 pm
Forum: Investing - Theory, News & General
Topic: Why is the market up today?
Replies: 25
Views: 2284

Re: Why is the market up today?

* My crystal ball says we have only just glimpsed the beginning....if you look at 100 years of the market (say, Dow, since it's easier to see), you'll see how long these things last. They Bungee-jump downward with some dead cats and dead bulls. When everyone is screaming that "This Time Is Really Di...