Search found 396 matches

by Godot
Tue Jun 30, 2020 4:04 pm
Forum: Investing - Theory, News & General
Topic: My next move: 1 M in gold and 1 M in Zoom
Replies: 75
Views: 3829

Re: My next move: 1 M in gold and 1 M in Zoom

It seems like you understand that this type of speculation is antithetical to the purpose and underlying philosophy of the bogleheads forum. My question is, why are you posting this here? For 2 reasons. First, to instill an ounce of doubt in open minded Bogleheads. If, as I documented above, I was ...
by Godot
Thu Jun 25, 2020 4:12 pm
Forum: Personal Finance (Not Investing)
Topic: NJ Law and Probate Shenanigans
Replies: 18
Views: 1691

Re: NJ Law and Probate Shenanigans

We have one now where the decedent died 30 years ago. The family thought she didn't have any assets. A few years ago, a family member's ex-wife was cleaning her basement and found a box that contained stock certificates and U.S. savings bonds in the decedent's name, a conformed copy of the decedent...
by Godot
Thu Jun 25, 2020 4:04 pm
Forum: Personal Finance (Not Investing)
Topic: NJ Law and Probate Shenanigans
Replies: 18
Views: 1691

Re: NJ Law and Probate Shenanigans

duplicate
by Godot
Tue Jun 23, 2020 10:46 pm
Forum: Personal Investments
Topic: Susie Orman Says You are Crazy to be Investing in Bonds
Replies: 173
Views: 17302

Re: Susie Orman Says You are Crazy to be Investing in Bonds

+1 Her show was entertaining but that is it. I don’t think I’d even call it entertaining. It’s more like a cautionary tale on the use of Crest white strips. I enjoyed the segment where people wanted to spend sizable amounts on wants but had big debt and/or little resources. Suze would yell “DENIED!...
by Godot
Tue Jun 23, 2020 3:16 pm
Forum: Investing - Theory, News & General
Topic: GFD: Are You Ready for the Bubble of the 2020s?
Replies: 8
Views: 2124

Re: GFD: Are You Ready for the Bubble of the 2020s?

FWIW. As the stock market rises, and targets from analysts are raised to keep with the trend, here is a some history on past cycles. Not sure how accurate the history lesson here is. "Will a bubble in the roaring 2020s mimic the bubbles of the 1720s, 1820s and 1920s? Only time will tell…" https://g...
by Godot
Tue Jun 23, 2020 1:34 am
Forum: Personal Finance (Not Investing)
Topic: NJ Law and Probate Shenanigans
Replies: 18
Views: 1691

Re: NJ Law and Probate Shenanigans

Some estates are completed within two years, but others take more than two years. It sounds like there are some disputes in this one, which may increase the time it will take to complete the estate administration. In any event, doing it well is more important than doing it quickly. If you're the hei...
by Godot
Mon Jun 22, 2020 2:37 pm
Forum: Personal Finance (Not Investing)
Topic: NJ Law and Probate Shenanigans
Replies: 18
Views: 1691

Re: NJ Law and Probate Shenanigans

duplicate
by Godot
Mon Jun 22, 2020 2:29 pm
Forum: Personal Finance (Not Investing)
Topic: NJ Law and Probate Shenanigans
Replies: 18
Views: 1691

Re: NJ Law and Probate Shenanigans

I'm admitted in NJ and practice actively in NJ (as well as NY and FL). The clawback issue is the other way around. The executors or administrators want to make sure that the beneficiaries won't bring any claims against them for anything they did or didn't do as executors or administrators, since on...
by Godot
Sun Jun 21, 2020 5:14 pm
Forum: Personal Finance (Not Investing)
Topic: NJ Law and Probate Shenanigans
Replies: 18
Views: 1691

Re: NJ Law and Probate Shenanigans

If the executor/administrator makes an inappropropriate distribution (and you end up "short" as a result) in most states your course of action would be against the executor/administator him/herself. It becomes a problem for the executor/administrator and not the distributees (though the executor/ad...
by Godot
Sun Jun 21, 2020 4:37 pm
Forum: Personal Finance (Not Investing)
Topic: NJ Law and Probate Shenanigans
Replies: 18
Views: 1691

NJ Law and Probate Shenanigans

Let me preface this by saying I am not asking for legal advice. Any Boglehead NJ lawyers out there? Quick question, the answer to which I cannot find on the interwebs: For an interim distribution of assets from an estate is the executor/administrator required by law to have all beneficiaries sign an...
by Godot
Sat Jun 20, 2020 9:44 pm
Forum: Personal Investments
Topic: stable value fund vs bond funds in 401(k)
Replies: 7
Views: 486

Re: stable value fund vs bond funds in 401(k)

Personally, almost all my fixed income investments are with various flavors of TIAA Traditional, which can be viewed as something close to a stable value fund. But doesn't TIAA Traditional offer the optionality of conversion into an annuity? I don't think you can compare TIAA Traditional to a stabl...
by Godot
Fri Jun 19, 2020 4:11 pm
Forum: Personal Investments
Topic: Susie Orman Says You are Crazy to be Investing in Bonds
Replies: 173
Views: 17302

Re: Susie Orman Says You are Crazy to be Investing in Bonds

Brianmcg321 wrote:
Thu Jun 18, 2020 8:15 pm
Susie Orman is an idiot.

She makes more money selling credit cards than financial advice. Less than zero respect for her.
How much less than zero?
by Godot
Wed Jun 10, 2020 12:12 pm
Forum: Investing - Theory, News & General
Topic: Market makes no sense
Replies: 116
Views: 8027

Re: Market makes no sense

02nz wrote:
Wed Jun 10, 2020 12:06 pm
Have you read the dozens of threads that have already been posted on this topic? Seems unlikely there's anything new to say.
If saying something new were the requirement for these threads the Bogleheads forum would not exist.
by Godot
Wed Jun 10, 2020 12:08 pm
Forum: Personal Finance (Not Investing)
Topic: Why are you NOT buying rental properties?
Replies: 1134
Views: 116014

Re: Why are you NOT buying rental properties?

tomtoms wrote:
Wed Jun 10, 2020 10:37 am
Laurizas wrote:
Wed Jun 10, 2020 10:13 am
tomtoms wrote:
Wed Jun 10, 2020 10:06 am
you can’t deny the fact that real estate investing has made more millionaires than any other asset.
Source?
Here is a link with multiple sources:

https://www.quora.com/What-has-created- ... -or-stocks
Anecdotal. Not a legitimate source.
by Godot
Sun Jun 07, 2020 8:56 pm
Forum: Investing - Theory, News & General
Topic: 5yrs as a Boglehead vs. S&P 500
Replies: 8
Views: 2249

Re: 5yrs as a Boglehead vs. S&P 500

I thought I'd share what my 5 year Boglehead journey looks like, through 3 AA changes and 1 market correction, and 1 legit crash. I put my head down and just kept plowing money into my 401ks, Roths, and taxable accounts through everything, adjusting my AA as my portfolio grew and hit milestones. No...
by Godot
Wed May 27, 2020 7:37 pm
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 5546
Views: 1359179

Re: What Movie Have You Recently Watched?

The Platform. Thinking person's horror film. Echoes of Beckett (not Thomas). Challenging at times to watch, which is one more reason to watch it.
by Godot
Wed May 27, 2020 4:45 pm
Forum: Forum Issues and Administration
Topic: Bogleheads' Reading Strategies for Boglehead Forums
Replies: 21
Views: 1593

Re: Bogleheads' Reading Strategies for Boglehead Forums

Thanks bogleheads for all of the responses. They give me new ideas for how I will read going forward. Plus I learned a new (tech-ish) word: "hamburger"!
by Godot
Wed May 27, 2020 12:45 pm
Forum: Investing - Theory, News & General
Topic: This article is scaring me. [Roubini predicting depression]
Replies: 109
Views: 12153

Re: This article is scaring me. [Roubini predicting depression]

OP, When you asked the wrong question, you will never get the right answer! The wrong question is "Whether there will be a depression?". The right question is "Are you prepared?". Are you prepared? If the answer is yes, then, you do not care to read this kind of article. If you are not, you need to...
by Godot
Mon May 25, 2020 3:13 pm
Forum: Investing - Theory, News & General
Topic: At what moment does retirement begin?
Replies: 68
Views: 5830

Re: At what moment does retirement begin?

After some additional searching and research, this is the plan. June 2021 I turn 65. My pension kicks in July 1. So whatever happens during the June conflagrations at work, I’m going to be on Sunrise, Mt. Rainier, July 1 at sunrise, 5:16 AM. God willing the road will be open. :happy Thanks for all ...
by Godot
Sun May 24, 2020 9:50 pm
Forum: Forum Issues and Administration
Topic: Bogleheads' Reading Strategies for Boglehead Forums
Replies: 21
Views: 1593

Bogleheads' Reading Strategies for Boglehead Forums

I'm curious about Bogleheads' reading strategies for reading Boglehead discussions. Fairly often I see responses from people to posts that don't answer the OP's question, that hijack (intentionally or not) a thread, or that respond in a way the OP explicitly asks them not to. This got me to thinking...
by Godot
Sun May 17, 2020 8:10 pm
Forum: Investing - Theory, News & General
Topic: NYTs article:— New York Times article May 17, Dealing With the Dark Side of Low Interest Rates
Replies: 79
Views: 7805

Re: NYTs article:— New York Times article May 17, Dealing With the Dark Side of Low Interest Rates

Conversely, savers just benefited from a 10 year bull market. Interest rates might be low, but if your portfolio gets big enough who cares. Savers benefitted from the 10-year bull market? How so? Savers got reamed. $10,000 invested in a 60/40 portfolio from 2009-April 2020 grew to $28,518. A 9.69% ...
by Godot
Sun May 17, 2020 3:35 pm
Forum: Investing - Theory, News & General
Topic: NYTs article:— New York Times article May 17, Dealing With the Dark Side of Low Interest Rates
Replies: 79
Views: 7805

Re: NYTs article:— New York Times article May 17, Dealing With the Dark Side of Low Interest Rates

ScubaHogg wrote:
Sun May 17, 2020 1:26 pm
Conversely, savers just benefited from a 10 year bull market. Interest rates might be low, but if your portfolio gets big enough who cares.
Savers benefitted from the 10-year bull market? How so? Savers got reamed.
by Godot
Tue May 12, 2020 12:50 am
Forum: Investing - Theory, News & General
Topic: So bottom is probably behind us....right?
Replies: 709
Views: 63803

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

The worst case scenario is the meltdown of capitalism completely. As it currently exists in the US, a meltdown of capitalism and subsequent restructuring would be a good thing. I can't tell if this is a pro or anti Capitalism statement. Either you: want it to melt down and go away completely with s...
by Godot
Mon May 11, 2020 8:17 pm
Forum: Personal Finance (Not Investing)
Topic: nice 20% insurance premium increase
Replies: 37
Views: 3381

Re: nice 20% insurance premium increase

So I received my renewal documents for homeowners/auto from NJ Skylands and was surprised to see a 21% increase...especially since I've been hearing other insurance companies have been refunding folks money due to people driving less. Last year the premium went up under $100. 12 month premium $3012...
by Godot
Fri May 08, 2020 4:55 pm
Forum: Personal Consumer Issues
Topic: Percentage of savings to "prepping"?
Replies: 132
Views: 8754

Re: Percentage of savings to "prepping"?

I can't tell if this post is sarcastic or not. No, not sarcastic at all. I know one person that has spent his entire life, and every dime of discretionary income he has, buying certain items in preparation for something that will never happen in his lifetime. Now he's 70, with no retirement savings...
by Godot
Mon May 04, 2020 1:38 pm
Forum: Investing - Theory, News & General
Topic: Is Disney the most tempting value stock?
Replies: 223
Views: 13641

Re: Is Disney the most tempting value stock?

Never liked Disney, felt it was over-hyped, overcrowded, bad food, long lines, poor treatment of employees and environment. We tolerate many business with the excuse that they create jobs and are good for the economy. Perhaps we don't need Disney and the economy could survive without these big boxe...
by Godot
Sun Apr 26, 2020 2:14 pm
Forum: Personal Finance (Not Investing)
Topic: Home purchase in this economic climate
Replies: 10
Views: 937

Re: Home purchase in this economic climate

KlangFool wrote:
Sun Apr 26, 2020 12:11 pm
OP,

Think of this as a charity for folks that trying to sell their houses now.

KlangFool
+1
by Godot
Sat Apr 25, 2020 7:05 pm
Forum: Personal Consumer Issues
Topic: Go or no go on Carnival cruise
Replies: 116
Views: 7497

Re: Go or no go on Carnival cruise

gwe67 wrote:
Sat Apr 25, 2020 5:31 pm
We have to decide very soon whether to pay the remaining cost for a one-week Mexico cruise in late July. We can bail out now and lose $100 deposit. This trip would not involve flying on an airline. Thoughts?
N-e-g-a-t-o-r-y.

If the cruise is cancelled, do you get the deposit back?
by Godot
Wed Apr 22, 2020 4:46 pm
Forum: Personal Investments
Topic: State bankruptcy and pensions
Replies: 14
Views: 1453

State bankruptcy and pensions

Currently a debate is simmering over how, or if, to replace lost state revenue due to COVID-19 shutdown. One side: Federal bailout. Other side: Let states go bankrupt. A. Do you take this chatter seriously? B. What actions, if any, are you taking to protect, or replace, your state pension? Bonus poi...
by Godot
Tue Apr 21, 2020 4:29 pm
Forum: Personal Consumer Issues
Topic: Anybody here pay less than $40 a month for home internet and with what company?
Replies: 62
Views: 4380

Re: Anybody here pay less than $40 a month for home internet and with what company?

Comcast 100mbps 39.99/month. Reuped the promotion after 1 year to keep the same price for another 2 years. I'm quite surprised you were able to re-up for two more years @ promo rate. I have to negotiate every six months to a year with Comcast, and I've been doing this for 20 years. Never have I bee...
by Godot
Mon Apr 20, 2020 2:46 pm
Forum: Personal Consumer Issues
Topic: Costco and Amazon are Not My Friends
Replies: 5
Views: 1286

Re: Costco and Amazon are Not My Friends

And?



"Your message contains 4 characters.
You need to enter at least 5 characters."
by Godot
Sun Apr 19, 2020 1:53 pm
Forum: Personal Investments
Topic: I'm out [of the market]
Replies: 109
Views: 12030

Re: I'm out [of the market]

So Friday I decided to pull the plug and sold all stock and bound funds and put it in prime money mkt. Of course my Vanguard advisor discouraged me from taking this action. I had been invested in approx. 33% cash, 33% bonds, and 33%funds. Down approx 6% this year. The way I look at it is my wife an...
by Godot
Fri Apr 17, 2020 3:13 pm
Forum: Investing - Theory, News & General
Topic: Retirees: what are you doing with all the home equity?
Replies: 117
Views: 7597

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

I liquidated it 100% 18 months ago and rented. I was glad I did even before this latest "crisis," and am even more glad now. That said, my heirs would likely have come out ahead if I had just stayed put for another 5, 10, 15 years but life is about more than $$$. Firechief: Can you elaborate on why...
by Godot
Thu Apr 09, 2020 5:18 pm
Forum: Investing - Theory, News & General
Topic: Impact of newest Fed 2.3 Trillion on corporate bonds
Replies: 56
Views: 3733

Re: Impact of newest Fed 2.3 Trillion on corporate bonds

steve50 wrote:
Thu Apr 09, 2020 12:44 pm
Stocks are the new Bonds now! :happy
And the old bonds are . . . ? Old bonds?
by Godot
Mon Apr 06, 2020 6:34 pm
Forum: Investing - Theory, News & General
Topic: If I were a retiree right now....
Replies: 83
Views: 11564

Re: If I were a retiree right now....

I would be 50% cash and 50% inflation-protected assets. justsomeguy2018, Where would you put the cash? Would CDs work? The cash has to be 100% liquid to be useful. So penalty free cd, high yield savings, MM etc. And FDIC insured. Ideally the cash should go under a latex mattress. Organic latex, if ...
by Godot
Sat Apr 04, 2020 2:36 pm
Forum: Investing - Theory, News & General
Topic: International stocks are undervalued!
Replies: 83
Views: 9216

Re: International stocks are undervalued!

whodidntante wrote:
Sat Apr 04, 2020 12:27 am
Maybe we'll get a 2020 Sheepdog thread.
Inevitable.
by Godot
Sat Apr 04, 2020 2:17 pm
Forum: Personal Consumer Issues
Topic: What Amazon Prime (free) movies y'd recommend ?
Replies: 78
Views: 6682

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

Folks, 1. What Amazon (Free) movies you have recently watched and recommend ? 2. What Netflix movies (not shows) you have recently watched and recommend ? I've searched this thread below but many movies pointed out in the thread below is either now unavailable in Amazon prime or Netflix. https://ww...
by Godot
Fri Apr 03, 2020 1:07 pm
Forum: Personal Investments
Topic: Is anyone 100% TIAA?
Replies: 24
Views: 1761

Re: Is anyone 100% TIAA?

It will be interesting to see if the minimum guaranteed rate drops below 3%. that would be big news. It didn't in 2008. New money guaranteed is 2.25. 403(b). Godot: where are you getting this information? According to the TIAA website, my 403b contract for guarantees is 3% for April 2020. Please se...
by Godot
Thu Apr 02, 2020 8:13 pm
Forum: Personal Investments
Topic: Is anyone 100% TIAA?
Replies: 24
Views: 1761

Re: Is anyone 100% TIAA?

windaar wrote:
Thu Apr 02, 2020 4:03 pm
Toadvine wrote:
Thu Apr 02, 2020 2:56 pm
It will be interesting to see if the minimum guaranteed rate drops below 3%. that would be big news.
It didn't in 2008.
New money guaranteed is 2.25. 403(b).
by Godot
Thu Apr 02, 2020 5:31 pm
Forum: Personal Investments
Topic: Does anyone else just not care/worry?
Replies: 139
Views: 9770

Re: Does anyone else just not care/worry?

TheTimeLord wrote:
Wed Apr 01, 2020 9:23 pm
At this point I have decided what I want to do and put in GTC Limit Buy orders that will execute if we drop to the prescribe levels or otherwise expire.
What are your prescribed levels to buy?
by Godot
Mon Mar 30, 2020 1:51 pm
Forum: Personal Investments
Topic: Pros and cons of in-kind distribution
Replies: 14
Views: 689

Re: Pros and cons of in-kind distribution

Why would you keep the bonds? I cannot find the information on whether or not they continue to accrue interest after 20 years. Savings Bonds accrue interest for 30 years until Maturity. EE Savings Bonds issued in 1994 will earn a minimum of 4% interest until their 2024 maturity I would most definit...
by Godot
Sun Mar 29, 2020 9:41 pm
Forum: Personal Investments
Topic: Pros and cons of in-kind distribution
Replies: 14
Views: 689

Re: Pros and cons of in-kind distribution

Some heirs might prefer an in-kind distribution for sentimental reasons, they want to "hold onto" what they were left from the deceased. I would discourage that. It is easier if the estate liquidates everything and passes cash to the heirs. Otherwise the beneficiaries have to track the cost basis o...
by Godot
Sun Mar 29, 2020 9:40 pm
Forum: Personal Investments
Topic: Pros and cons of in-kind distribution
Replies: 14
Views: 689

Re: Pros and cons of in-kind distribution

The big problem is when not all the beneficiaries agree, i.e., some want in kind and others want cash. Also, many assets don’t divide easily or division will result in small holdings. I’ve always taken the position that we will distribute assets in kind if all beneficiaries agree to that and agree ...
by Godot
Sun Mar 29, 2020 8:43 pm
Forum: Investing - Theory, News & General
Topic: How Much Return Is Needed To Recover A Stock Market Loss?
Replies: 35
Views: 3233

Re: How Much Return Is Needed To Recover A Stock Market Loss?

Thanks for sharing - I wonder how the math works though when making regular contributions during the decline due to now owning more shares at a lower cost basis. Ah, a little math problem of a rainy sunday afternoon. The balance at the next period b_{n+1} will equal the balance at the beginning the...
by Godot
Sun Mar 29, 2020 5:53 pm
Forum: Personal Investments
Topic: Pros and cons of in-kind distribution
Replies: 14
Views: 689

Re: Pros and cons of in-kind distribution

Some heirs might prefer an in-kind distribution for sentimental reasons, they want to "hold onto" what they were left from the deceased. I would discourage that. It is easier if the estate liquidates everything and passes cash to the heirs. Otherwise the beneficiaries have to track the cost basis o...
by Godot
Sun Mar 29, 2020 5:50 pm
Forum: Personal Investments
Topic: Pros and cons of in-kind distribution
Replies: 14
Views: 689

Re: Pros and cons of in-kind distribution

delamer wrote:
Sun Mar 29, 2020 3:05 pm
A lot depends on what the specific stocks and bonds are that you’d be receiving.

Do you have that information?
Duke Energy and EE series bonds from 1994.
by Godot
Sun Mar 29, 2020 2:38 pm
Forum: Personal Investments
Topic: Pros and cons of in-kind distribution
Replies: 14
Views: 689

Pros and cons of in-kind distribution

Estate executor is giving heirs the option of taking in-kind distribution of stocks and bonds for a part of our share. What are the pros and cons of in-kind distributions. These are not from a trust. TIA.
by Godot
Sat Mar 28, 2020 2:11 pm
Forum: Personal Investments
Topic: Anyone using Transferwise
Replies: 28
Views: 1164

Re: Anyone using Transferwise

We want to sent some money to my wife's accounts in Thailand. She has an account at Ally Bank and an account at the NY Branch of the Bangkok Bank. Ally does not offer IAT format ACH Transfers, which is the required format for Bangkok Bank to receive the ACH funds. I've never heard of Transferwise a...
by Godot
Fri Mar 27, 2020 2:32 pm
Forum: Investing - Theory, News & General
Topic: What does “the market already had it priced in” even mean?
Replies: 88
Views: 4169

Re: What does “the market already had it priced in” even mean?

Lee_WSP wrote:
Thu Mar 26, 2020 11:20 pm
I've come to accept that it is just one of those boglehead-isms brought out often to make staying the course a little easier.
The saying way predates Bogleheads.