Search found 250 matches

by lukestuckenhymer
Tue Jun 02, 2020 8:13 pm
Forum: Investing - Theory, News & General
Topic: 100% Equity Investors: What are you holding?
Replies: 30
Views: 2765

Re: 100% Equity Investors: What are you holding?

Total World... Either VTWAX, or a 55/45 US/INTL split if VTWAX is unavailable. Pandemics, recessions, market temper tantrums... Stay the course, always.
by lukestuckenhymer
Tue May 12, 2020 2:22 pm
Forum: Investing - Theory, News & General
Topic: Will "work from home" destroy the commercial real estate market?
Replies: 169
Views: 13649

Re: Will "work from home" destroy the commercial real estate market?

Though it does take away some of the in-person discussions, friendships and camaraderie that you can't replace, I immensely enjoy the freedom of WFH. Saving money on gas, not to mention the safety of not having to drive on Los Angeles freeways every morning and afternoon. It might just as much have ...
by lukestuckenhymer
Wed Apr 08, 2020 1:50 pm
Forum: Investing - Theory, News & General
Topic: Cares Act Payroll Protection Program
Replies: 154
Views: 9793

Re: Cares Act Payroll Protection Program

Question: The CARES Act excludes from the definition of payroll costs any employee compensation in excess of an annual salary of $100,000. Does that exclusion apply to all employee benefits of monetary value? Answer: No. The exclusion of compensation in excess of $100,000 annually applies only to c...
by lukestuckenhymer
Fri Mar 27, 2020 11:19 am
Forum: Investing - Theory, News & General
Topic: How to avoid temptation of Stock Picking during market crash
Replies: 48
Views: 2864

Re: How to avoid temptation of Stock Picking during market crash

Disney is off by about the same amount as the broader market. Just invest in a Total Market Index fund!
by lukestuckenhymer
Fri Mar 27, 2020 11:11 am
Forum: Investing - Theory, News & General
Topic: What's happening with Muni Money Market fund yields?
Replies: 153
Views: 14680

Re: What's happening with Muni Money Market fund yields?

So it won't last, but where will it land? I've been using the Federal Money Market for years, and am assuming that's heading toward zero given fed target rates. Aside from this temporary spike: worth moving to the muni MM and accepting small risk of buck-breaking or temporary freezes? My feeling is...
by lukestuckenhymer
Thu Mar 19, 2020 2:44 pm
Forum: Investing - Theory, News & General
Topic: CoronaCrash shows ETF is better than Mutual Fund
Replies: 51
Views: 4846

Re: CoronaCrash shows ETF is better than Mutual Fund

Summary: ETFs are not optimized for catching falling knives.
by lukestuckenhymer
Fri Mar 13, 2020 5:45 pm
Forum: Investing - Theory, News & General
Topic: Is it time to GET OUT?
Replies: 125
Views: 10782

Re: Is it time to GET OUT?

I'm 34 as well. This is a blip. Stay the course, rebalance and TLH, but do not "GET OUT," unless you want to have less money in the long term. Revisit your AA, if it seems like you're carrying too much risk for your tolerance (sounds like you might).
by lukestuckenhymer
Wed Mar 11, 2020 3:18 pm
Forum: Investing - Theory, News & General
Topic: BND Fell Today
Replies: 143
Views: 13128

Re: BND Fell Today

DB2 wrote:
Wed Mar 11, 2020 2:35 pm
Vanguard International Bond is up today.
Good to be globally diversified.
by lukestuckenhymer
Wed Mar 11, 2020 3:06 pm
Forum: Investing - Theory, News & General
Topic: Are any early accumulators thankful for the current correction?
Replies: 185
Views: 10349

Re: Are any early accumulators thankful for the current correction?

I'm not frontloading any 401k contributions. You simply don't know how far down the knife will drop. Of course, I pray every single payday the market would tank and then shoot up the next trading day after my contributions go in, but it's all wishful thinking-- same goes for you people who are timin...
by lukestuckenhymer
Wed Mar 11, 2020 12:41 pm
Forum: Investing - Theory, News & General
Topic: Any evidence that returns are greater after sudden drop?
Replies: 101
Views: 6126

Re: Any evidence that returns are greater after sudden drop?

Evidence is the strongest that most investors will be cut trying to catch a falling knife. Don't time the market.
by lukestuckenhymer
Mon Mar 09, 2020 3:06 pm
Forum: US Chapters
Topic: [Archived] Bogleheads community discussion - Coronavirus
Replies: 4963
Views: 195773

Re: U.S. stocks in free fall

Anyone remember when ABC news ran a big story predicting 40 million Americans would die from H1N1/bird flu? Actual worldwide deaths totaled less than 700. Peruse the story here from 2005 for your amusement and some perspective on the ridiculous stories being shilled here about coronavirus. https://...
by lukestuckenhymer
Fri Feb 28, 2020 4:36 pm
Forum: Investing - Theory, News & General
Topic: who is worried and feels like selling stocks?
Replies: 254
Views: 19088

Re: who is worried and feels like selling stocks?

I'm 33 and have a long investment horizon. I'm not selling anything unless it's to TLH.
by lukestuckenhymer
Tue Feb 25, 2020 6:52 pm
Forum: Personal Consumer Issues
Topic: Do you ever use cash?
Replies: 228
Views: 13819

Re: Do you ever use cash?

I keep $60-80 in my wallet for emergencies or the rare cash-only business, tips, etc. Almost never use it.

Might as well get cash back if it's there for the taking. I spent roughly $30k in credit card expenses last year and got on average 2.5% cash back.
by lukestuckenhymer
Tue Feb 25, 2020 6:40 pm
Forum: Personal Consumer Issues
Topic: Would you drive without a spare tire?
Replies: 193
Views: 11656

Re: Would you drive without a spare tire?

Buy a donut and throw it in your trunk. Roadside assistance probably won't have one with them.
by lukestuckenhymer
Tue Feb 18, 2020 1:11 pm
Forum: Investing - Theory, News & General
Topic: At what age did you begin adding bonds?
Replies: 138
Views: 7558

Re: At what age did you begin adding bonds?

Age 32 when the retirement accounts hit six figures, seemed about the right time.
by lukestuckenhymer
Thu Feb 13, 2020 2:25 pm
Forum: Personal Consumer Issues
Topic: Best watch for around $5,000? [Archived]
Replies: 1479
Views: 324481

Re: Best watch for around $5,000?

I would literally have to have 100 million dollars before I would consider spending 5K on a watch, and I probably still wouldnt. I have a cell phone that tells me what time of day it is. But hey, whatever floats your boat Such ostentatious displays of wealth really make me scratch my head. The same...
by lukestuckenhymer
Thu Feb 13, 2020 2:18 pm
Forum: Personal Consumer Issues
Topic: Best watch for around $5,000? [Archived]
Replies: 1479
Views: 324481

Re: Best watch for around $5,000?

I would literally have to have 100 million dollars before I would consider spending 5K on a watch, and I probably still wouldnt. I have a cell phone that tells me what time of day it is. But hey, whatever floats your boat Such ostentatious displays of wealth really make me scratch my head. The same...
by lukestuckenhymer
Thu Feb 13, 2020 1:23 pm
Forum: Personal Finance (Not Investing)
Topic: iPad for Financial Transactions on the Internet
Replies: 28
Views: 2772

Re: iPad for Financial Transactions on the Internet

Wi-Fi in your own home is generally secure as long as your Wi-Fi password isn't "password." Be a little wary of public Wi-Fi, because that is a lot more likely to be hacked. There are many layers of security that overlay all banking websites today. All banking websites should have https:// at the be...
by lukestuckenhymer
Tue Feb 11, 2020 2:45 pm
Forum: Investing - Theory, News & General
Topic: Amazon is worth one third of the entire wealth of Russia
Replies: 23
Views: 2166

Re: Amazon is worth one third of the entire wealth of Russia

Interesting article about Amazon I read today. https://www.nytimes.com/2020/02/11/style/amazon-trademark-copyright.html Amazon has become a bizarre place where low quality crap with 10,000 fake 5-star reviews dominate all the search results. You can't trust the authenticity or quality of anything on...
by lukestuckenhymer
Wed Feb 05, 2020 5:00 pm
Forum: Investing - Theory, News & General
Topic: Well, I am market timing due to coronavirus... Wish me luck.
Replies: 1220
Views: 108052

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

"Stay the course" is a Boglehead mantra for a reason. You don't know when the market will peak, you don't know when it will hit bottom. As overbought and precarious as the market might seem, the bottom of the next crash may still be higher than the market's current level . Market timing simply doesn...
by lukestuckenhymer
Tue Feb 04, 2020 4:17 pm
Forum: Investing - Theory, News & General
Topic: Tesla Stock
Replies: 301
Views: 16734

Re: Tesla Stock

I may hold an extreme position, but I believe investing in ANY single stock is speculation when the alternative of investing in a Total Stock Market index fund is available.
by lukestuckenhymer
Thu Jan 30, 2020 5:13 pm
Forum: Personal Finance (Not Investing)
Topic: 2020 IRS Withholdings?
Replies: 15
Views: 1669

Re: 2020 IRS Withholdings?

The new W-4 is a nightmare. But if her company is using a major payroll processor (ADP?), it's very unlikely that it's calculating her federal withholding incorrectly. Is it possible the employer is withholding tax on something other than normal wages (i.e. fringe benefits) that you didn't include ...
by lukestuckenhymer
Thu Jan 30, 2020 2:00 pm
Forum: Personal Finance (Not Investing)
Topic: 2020 IRS Withholdings?
Replies: 15
Views: 1669

Re: 2020 IRS Withholdings?

The new W-4 is a nightmare. But if her company is using a major payroll processor (ADP?), it's very unlikely that it's calculating her federal withholding incorrectly. Is it possible the employer is withholding tax on something other than normal wages (i.e. fringe benefits) that you didn't include i...
by lukestuckenhymer
Wed Jan 29, 2020 6:36 pm
Forum: Investing - Theory, News & General
Topic: Jack Bogle - Two Fund Portfolio
Replies: 1182
Views: 120360

Re: Jack Bogle - Two Fund Portfolio

I have a two fund portfolio:
Vanguard Total World Stock Market
Vanguard Total Bond Market

:beer
by lukestuckenhymer
Wed Jan 29, 2020 1:15 pm
Forum: Personal Consumer Issues
Topic: Medical billing online or community college
Replies: 12
Views: 1058

Re: Medical billing online or community college

Medical billing and coding is a skill that is dependent on the current private health insurance system. You have to wonder about the value of your medical billing degree if Medicare-For-All gets passed in the next few years. It's not a remote possibility.
by lukestuckenhymer
Wed Jan 29, 2020 1:05 pm
Forum: Personal Consumer Issues
Topic: [What TV Show Have You Recently Watched?]
Replies: 2015
Views: 215984

Re: [What TV Show Have You Recently Watched?]

The Mandalorian on Disney+ -- I literally can't be friends of anyone that doesn't like baby yoda. ;) It gets pretty disorganized and cheesy after the 3rd episode. The entire premise becomes: hey, baby yoda is cute so we don't need to have a story. I am married to a big Star Wars fan and her best fr...
by lukestuckenhymer
Fri Jan 24, 2020 6:22 pm
Forum: Personal Consumer Issues
Topic: Amount of cash wedding gift?
Replies: 57
Views: 4834

Re: Amount of cash wedding gift?

I've given $200 for really close friends, but I'd give $100 for "normal friends."
by lukestuckenhymer
Fri Jan 24, 2020 6:04 pm
Forum: Personal Consumer Issues
Topic: Learning to read music
Replies: 31
Views: 1819

Re: Learning to read music

(Guitarist/bassist here). Tablature is an essential tool for early-stage learners of guitar. However, it does have some limitations. Unlike traditional sheet music (which I never learned), most tablature has no time signature, measures or note durations (quarter note, sixteenth note), so there is ve...
by lukestuckenhymer
Fri Jan 24, 2020 5:13 pm
Forum: Personal Consumer Issues
Topic: Use checking acct # or debit card # for google pay and paypal?
Replies: 6
Views: 671

Re: Use checking acct # or debit card # for google pay and paypal?

I'm also in the position of receiving money through Paypal, which I then need to transfer out to my bank account. For this purpose, I think it's good to make use of a small Checking account with <$100 in it. I use this account for immediate physical cash needs (very seldom). This is also what I woul...
by lukestuckenhymer
Thu Jan 23, 2020 1:40 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe says "Goodbye."
Replies: 445
Views: 69605

Re: Larry Swedroe says "Goodbye."

I have found BH to be the most tightly moderated board I've ever seen, and that's a good thing. The slightest ad hominem, mention of politics or anything off-topic, it will likely be gone within hours. And this is on top of the fact that the user base is generally tame to begin with! When it comes t...
by lukestuckenhymer
Fri Jan 17, 2020 12:46 pm
Forum: Investing - Theory, News & General
Topic: Are you a closet market-timer?
Replies: 134
Views: 9834

Re: Are you a closet market-timer?

If the market is tanking/has just tanked in January or February (a la 2019), I will frontload my 403(b) contributions and then back off later in the year in order to just get the maximum employer match. This year, I'm spreading them evenly, though. Either way, I'm still contributing the maximum. Wor...
by lukestuckenhymer
Tue Jan 07, 2020 4:19 pm
Forum: Investing - Theory, News & General
Topic: Odds that Fidelity starts charging an ER for their Zero funds in the future?
Replies: 37
Views: 2369

Re: Odds that Fidelity starts charging an ER for their Zero funds in the future?

Improbable, but it's always a possibility, just like it's a possibility that a credit card that offers extremely generous, loss-leading cash back (5%) could scale back as well.
by lukestuckenhymer
Tue Jan 07, 2020 1:30 pm
Forum: Investing - Theory, News & General
Topic: What do you guys think about a career in insurance sales?
Replies: 80
Views: 5760

Re: What do you guys think about a career in insurance sales?

There is a natural distrust of salespeople in general, and most of the time for good reason. They are patently motivated by their own self-interest, not by yours (This gives people license to be rude to salespeople, unfair or not). I'm okay with salespeople earning a commission for the service they ...
by lukestuckenhymer
Mon Jan 06, 2020 1:17 pm
Forum: Investing - Theory, News & General
Topic: Does Windows 7 void your Vanguard fraud reimbursement?
Replies: 69
Views: 5091

Re: Does Windows 7 void your Vanguard fraud reimbursement?

I will continue using my reliable Windows 7 machine until I am given no choice, as when I upgrade will lose the ability to use some very useful old software that I use a lot. I also don't like Windows 10 as with it I run the risk of having a Windows update forced on my computer that breaks it and k...
by lukestuckenhymer
Fri Jan 03, 2020 4:05 pm
Forum: Investing - Theory, News & General
Topic: Now is a good time to start tracking your net worth.
Replies: 123
Views: 11543

Re: Now is a good time to start tracking your net worth.

Barefoot wrote:
Thu Jan 02, 2020 6:40 pm
Why do I need to know my net worth?

Why should I care?
For many reasons, but chiefly to make sure you're living within your means and (if you're in the accumulation phase) that your NW is on an upward trajectory. Once a month or once a quarter should be enough for most people.
by lukestuckenhymer
Wed Jan 01, 2020 3:51 pm
Forum: Personal Finance (Not Investing)
Topic: IRS Drops Agreement Not to Compete With TurboTax
Replies: 82
Views: 9908

Re: IRS Drops Agreement Not to Compete With TurboTax

Very good news. This middleman tax prep scenario seems destined to unravel.
by lukestuckenhymer
Tue Dec 24, 2019 1:01 pm
Forum: Investing - Theory, News & General
Topic: Is there ever a good time to sell and lock in ?
Replies: 84
Views: 6185

Re: Is there ever a good time to sell and lock in ?

The good time to sell and lock in is on 10/9/2007. Then rebuy everything on 3/9/2009. Make sure you do that.
by lukestuckenhymer
Tue Dec 17, 2019 2:18 pm
Forum: Investing - Theory, News & General
Topic: The worst investment advice I know
Replies: 170
Views: 14614

Re: The worst investment advice I know

"Buy crypto"
"Buy gold"
"Look into __[insert stock here]__"
"It's an investment!" (it's actually a Whole Life policy)
"It's an investment!" (it's actually a money pit that actively depreciates/deteriorates)
by lukestuckenhymer
Fri Dec 13, 2019 1:08 pm
Forum: Investing - Theory, News & General
Topic: Recommendations of 100% stock lately
Replies: 246
Views: 18457

Re: Recommendations of 100% stock lately

we can't go a day without hearing that Buffett says everyone should be 90% in the S&P 500 and that bonds are a bad investment. I always thought this was highly irresponsible, especially since he is incapable of putting himself in the shoes of someone with relatively meager assets. His assets are no...
by lukestuckenhymer
Thu Dec 12, 2019 6:07 pm
Forum: Investing - Theory, News & General
Topic: Recommendations of 100% stock lately
Replies: 246
Views: 18457

Re: Recommendations of 100% stock lately

funny- I was just thinking the same thing via another board (Reddit FIRE community) although I typically discount their rants/posts as inexperienced millennials. As an inexperienced Millennial... I was 100% stock until this year when I added 10% fixed income. I think a lot of it can be chalked up t...
by lukestuckenhymer
Wed Dec 11, 2019 1:39 pm
Forum: Investing - Theory, News & General
Topic: Retiring at 24 - Extreme FIRE is it possible?
Replies: 158
Views: 13667

Re: Retiring at 24 - Extreme FIRE is it possible?

If you retire at 24 you better have no kids and live very frugally.
by lukestuckenhymer
Fri Dec 06, 2019 2:43 pm
Forum: Investing - Theory, News & General
Topic: Total Stock vs. S&P 500
Replies: 55
Views: 6032

Re: Total Stock vs. S&P 500

I don't think the choice between VTSAX and VFIAX should weigh on your mind too heavily. They are in a virtual tie over the last 10 years. https://www.portfoliovisualizer.com/backtest-portfolio?s=y&timePeriod=2&startYear=2009&firstMonth=12&endYear=2019&lastMonth=12&calendarAligned=true&initialAmount=...
by lukestuckenhymer
Thu Dec 05, 2019 2:32 pm
Forum: Investing - Theory, News & General
Topic: Can one have too much Roth?
Replies: 175
Views: 15960

Re: Can one have too much Roth?

Needing the funds before 59.5 makes sense. TLHing merely defers taxes that the Roth avoids entirely. Taxable can beat Roth for low/mid income people. Please provide an example. Since Roth and taxable contributions are both made after-tax, I fail to see how tax-free can lose to a taxable account, es...
by lukestuckenhymer
Thu Dec 05, 2019 2:04 pm
Forum: Investing - Theory, News & General
Topic: Tax Deferred : Taxable : Tax Free
Replies: 224
Views: 14290

Re: Tax Deferred : Taxable : Tax Free

46% Tax Deferred 54% Taxable 0% Tax Free I'm 32, and the windfall from the sale of my condo inflated the taxable portion. Tax-Deferred will soon overtake it, though. Are you looking into Roth IRA contributions (direct or Backdoor) and maybe even Roth 401K contributions would be appropriate at your ...
by lukestuckenhymer
Thu Dec 05, 2019 1:11 pm
Forum: Investing - Theory, News & General
Topic: Tax Deferred : Taxable : Tax Free
Replies: 224
Views: 14290

Re: Tax Deferred : Taxable : Tax Free

46% Tax Deferred
54% Taxable
0% Tax Free

I'm 32, and the windfall from the sale of my condo inflated the taxable portion. Tax-Deferred will soon overtake it, though.
by lukestuckenhymer
Fri Nov 08, 2019 12:33 pm
Forum: Investing - Theory, News & General
Topic: The hidden cost of Fidelity’s ZERO funds
Replies: 66
Views: 8743

Re: The hidden cost of Fidelity’s ZERO funds

YTD per Morningstar: VTSAX: 24.50% SWTSX: 24.58% SCHB: 24.61% FZROX: 24.83% Total return includes dividends reinvested. With 2484 holdings, SCHB would seem to follow the closest index to FZROX. In any case, if there is a hidden cost to FZROX, I am not seeing it. Within 33 basis points of each other...
by lukestuckenhymer
Thu Nov 07, 2019 12:48 pm
Forum: Investing - Theory, News & General
Topic: The hidden cost of Fidelity’s ZERO funds
Replies: 66
Views: 8743

Re: The hidden cost of Fidelity’s ZERO funds

I have always thought if Vanguard will ever end up paying dividends each month (instead of quarterly or yearly)? Why? Paying dividends is a drag on performance. The accounting is tricky, so extra accountants are needed. If not done correctly one could blow up the fund. Assets have to be liquidated ...
by lukestuckenhymer
Tue Nov 05, 2019 4:18 pm
Forum: Personal Investments
Topic: Whole life insurance. Dump it or other alternatives?
Replies: 21
Views: 1374

Re: Whole life insurance. Dump it or other alternatives?

Whole Life is a scam being pushed by unsavory salespeople who sometimes convince unsuspecting customers that it's an investment. It is a money pit and should be illegal, frankly. Dump it and get a term life policy if you need coverage.