Search found 75 matches

by Foredeck
Thu Jun 11, 2020 1:47 pm
Forum: Investing - Theory, News & General
Topic: CLOs and "the coming bank collapse"
Replies: 26
Views: 3384

Re: CLOs and "the coming bank collapse"

It doesn't sound good. A wave of defaults is coming. Bankers will be bailed out again. Nothing will change. https://www.bloomberg.com/news/articles/2020-04-22/how-a-deluge-of-downgrades-could-sink-the-clo-market-quicktake Could CLOs Trigger the Next Financial Crisis? (w/ Dan Zwirn) https://youtu.be/...
by Foredeck
Tue Jun 02, 2020 3:21 pm
Forum: Personal Consumer Issues
Topic: Home Defense against the Horde
Replies: 38
Views: 2361

Re: Home Defense against the Horde

I just cant imagine being successful defending your home against a mob. I just think many of the mob are carrying guns and many more are drunk or on drugs and just looking for an excuse to start shooting.... I was watching someone in my city do a live-stream on YouTube. Many of the people he interv...
by Foredeck
Tue Jun 02, 2020 3:15 pm
Forum: Personal Consumer Issues
Topic: Home Defense against the Horde
Replies: 38
Views: 2361

Re: Home Defense against the Horde

Bear spray. Move. One of the things we saw where I'm at, bad actors went to areas that are typically, "Suburban and considered safe". They intentionally meant to create terror in various communities. So you can run to somewhere you think is safe, only to have them follow you there. Only d...
by Foredeck
Tue Jun 02, 2020 3:11 pm
Forum: Personal Consumer Issues
Topic: Home Defense against the Horde
Replies: 38
Views: 2361

Re: Home Defense against the Horde

I'm in the thick of it as well. We saw a lot of damage, but not nearly as much as other areas. The police department basically said the same thing to me. "You are on your own." Things we did 1.) What we did was talked to everyone on our block. 2.) Exchanged phone numbers and created a grou...
by Foredeck
Sat May 09, 2020 8:28 pm
Forum: Personal Consumer Issues
Topic: Where do you back up your important data?
Replies: 102
Views: 5632

Re: Where do you back up your important data?

External hard drive. Mostly try not to create much data and only keep what is truly valuable.
by Foredeck
Sat May 09, 2020 8:47 am
Forum: Personal Consumer Issues
Topic: Thoughts on tree removal
Replies: 43
Views: 2659

Re: Thoughts on tree removal

I worked with an arborist this week. My initial thought was to take down a tree in my backyard, but he trimmed the tree instead. It looks great and saved the tree from being cut down.

Maybe an arborist could help you.
by Foredeck
Sat May 09, 2020 6:39 am
Forum: Investing - Theory, News & General
Topic: Will "work from home" destroy the commercial real estate market?
Replies: 169
Views: 13891

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

I dont think it will destroy it but instead just slow it down and possibly change the usage of some current commercial real estate. I for one love WFH and hope that my bureau lets us continue doing this. I work in software development with sys admin stuff on the side so there is really no reason at...
by Foredeck
Fri Apr 24, 2020 8:03 am
Forum: Personal Finance (Not Investing)
Topic: Career Change Assessments Age 30
Replies: 20
Views: 2778

Re: Career Change Assessments Age 30

Hi OP, I've gone through something similar to you. I was in an industry that I felt like a square peg in a round hole. What really helped me was working with a career counselor. They helped me identify my strengths, my motivations, and ideal careers. If you are interested I can share the name of the...
by Foredeck
Thu Apr 09, 2020 8:31 am
Forum: Personal Finance (Not Investing)
Topic: Feeling stuck in career - what did you do to "unstuck" yourself?
Replies: 41
Views: 3841

Re: Feeling stuck in career - what did you do to "unstuck" yourself?

I have used a career counselor. That's worked for me.
by Foredeck
Tue Apr 07, 2020 7:17 am
Forum: Investing - Theory, News & General
Topic: Modern Monetary Theory
Replies: 97
Views: 7035

Re: Modern Monetary Theory

Sorry I'm a MMT party pooper. This all works until it doesn't. In the article linked below it sounds like two things await for us in the near future, higher taxes and or inflation. 5 Problems with MMT These Are the Biggest Weaknesses of Modern Monetary Theory 1. MMT has a flawed model of inflation t...
by Foredeck
Thu Apr 02, 2020 2:27 pm
Forum: Personal Investments
Topic: Does anyone else just not care/worry?
Replies: 139
Views: 10032

Re: Does anyone else just not care/worry?

I've been reading about the Stoic philosophers lately. Seems to come in handy, given our current situation. One of the principles is to understand what you have control over and focus your attention there. Otherwise don't spend your energy thinking about things you have no control over. What do we h...
by Foredeck
Sun Mar 29, 2020 8:13 pm
Forum: Personal Consumer Issues
Topic: What will you do first, once COVID pandemic is over?
Replies: 271
Views: 17978

Re: What will you do first, once COVID pandemic is over?

My takeaways. 1.) Like I have an emergency fund, I'm going to have an emergency food supply. Enough for 2 to 4 weeks. 2.) I live in a cold northern city. My furnace went out last weekend. Not an ideal thing to have happen during a pandemic. I'm thinking about putting in a second heating source. Mayb...
by Foredeck
Sun Mar 29, 2020 7:52 pm
Forum: Personal Consumer Issues
Topic: [Netflix:] Can We Talk About Tiger King: Murder, Mayhem and Madness?
Replies: 46
Views: 4342

Re: Can We Talk About Tiger King: Murder, Mayhem and Madness?

Made it to episode 3 and decided, "That's enough."
by Foredeck
Sat Mar 14, 2020 3:00 am
Forum: Investing - Theory, News & General
Topic: So.... is this really "it"? Is this what we needed to mentally prepare for?
Replies: 158
Views: 14564

Re: So.... is this really "it"? Is this what we needed to mentally prepare for?

I'll be losing my job any day now. Perhaps as soon as this coming Monday. My first priority is to make sure my family is provided for in terms of food, shelter, and security (if that's possible.) and trying to keep everyone healthy. Given the circumstances, I'm not even thinking about my retirement ...
by Foredeck
Mon Mar 09, 2020 9:02 pm
Forum: Personal Consumer Issues
Topic: Postponed travel due to Corona Virus. Am I am overreacting ?
Replies: 232
Views: 24397

Re: Postponed travel due to Corona Virus. Am I am overreacting ?

My parents just postponed their cruise to Spain and Portugal. Family members asked them to postpone.
by Foredeck
Sat Mar 07, 2020 7:48 pm
Forum: Personal Consumer Issues
Topic: What are you listening to now
Replies: 1090
Views: 65811

Re: What are you listening to now

"High a top Lexington Ave in New York City, it's Radio Deluxe!"

Jazz radio show. It makes my Saturday night.

https://www.radiodeluxe.com/
by Foredeck
Thu Mar 05, 2020 7:53 am
Forum: Investing - Theory, News & General
Topic: Are debt levels a cause for concern?
Replies: 17
Views: 1317

Re: Are debt levels a cause for concern?

I'm currently listening to The Great Courses, "Crashes and Crisis Lessons from a History of Financial Disaster." https://www.thegreatcourses.com/courses/crashes-and-crisis-lessons-from-a-history-of-financial-disasters.html A common theme throughout history has been too much debt and the in...
by Foredeck
Tue Mar 03, 2020 6:34 pm
Forum: Non-US Chapters
Topic: Sad News - Paul Globerson has passed
Replies: 26
Views: 5681

Re: Sad News - Paul Globerson has passed

Thank you Paul for all you've given to the Boglehead community.

My condolences for Paul's family.
by Foredeck
Sun Mar 01, 2020 7:03 pm
Forum: Investing - Theory, News & General
Topic: [Why aren't forum members following the "Stay the course" approach?]
Replies: 379
Views: 27371

Re: [Why aren't forum members following the "Stay the course" approach?]

My wife and I are following the "Stay the course" method.

We haven't done anything different.

Classic Jack Bogle, “Don’t just do something – Stand there!” We did a lot of standing doing nothing last week.
by Foredeck
Sun Mar 01, 2020 6:57 pm
Forum: Investing - Theory, News & General
Topic: who is worried and feels like selling stocks?
Replies: 254
Views: 19205

Re: who is worried and feels like selling stocks?

Not sure about your situation, but I don't look. Out of site, out of mind.

I'm in it for the long haul. I haven't done anything different.
by Foredeck
Sun Mar 01, 2020 6:53 pm
Forum: Personal Consumer Issues
Topic: Need a cheaper cell phone plan
Replies: 56
Views: 4728

Re: Need a cheaper cell phone plan

I switched from Sprint to Republic Wireless.

I've had a very good experience with them. My plan is 2 GB of mobile data per month and I pay $30.

https://republicwireless.com/


There are of course other discount cell phone companies. This just happened to work for me.

Good Luck
by Foredeck
Sat Feb 29, 2020 2:44 pm
Forum: Personal Consumer Issues
Topic: What are you listening to now
Replies: 1090
Views: 65811

Re: What are you listening to now

Yale Courses

Taught by Professor Shiller.

Theory of Debt, Its Proper Role, Leverage Cycles

https://youtu.be/3Ir6sbDAx4c
by Foredeck
Tue Feb 25, 2020 6:56 am
Forum: Personal Consumer Issues
Topic: Coronavirus (Consumer Issues) How you are preparing?
Replies: 1764
Views: 148006

Re: Coronavirus (Consumer Issues) How you are preparing?

I read on the CDC website to clean/disinfect high traffic areas of your house. This may help with just general germ control. Yesterday cleaned all the door knobs, floors, cooking surfaces. I was surprised to find just how dirty many of the door knobs were. CDC also recommends hand washing, which I w...
by Foredeck
Sun Feb 16, 2020 6:26 pm
Forum: Investing - Theory, News & General
Topic: News: White House considering tax incentive to get Americans to buy stocks
Replies: 2
Views: 1545

News: White House considering tax incentive to get Americans to buy stocks

This headline caught my attention yesterday. White House considering tax incentive for more Americans to buy stocks. https://www.cnbc.com/2020/02/14/white-house-considering-tax-incentive-for-more-americans-to-buy-stocks.html The proposal, one of many new tax cuts under consideration, would see a por...
by Foredeck
Thu Feb 13, 2020 7:37 am
Forum: Personal Finance (Not Investing)
Topic: Having a baby in April 2020 - Whats your best financial advice for a new parent
Replies: 102
Views: 8510

Re: Having a baby in April 2020 - Whats your best financial advice for a new parent

First and foremost.. this moment goes quickly. Do your best to embrace the "struggle." Financial advice.. spend as much time with baby as you can. This will leave little time for shopping (hint: most baby stuff will become useless quickly and was worthless to begin with..) but dont quibbl...
by Foredeck
Thu Feb 13, 2020 7:28 am
Forum: Personal Finance (Not Investing)
Topic: Having a baby in April 2020 - Whats your best financial advice for a new parent
Replies: 102
Views: 8510

Re: Having a baby in April 2020 - Whats your best financial advice for a new parent

Hi, Congratulations. This is an important moment in your life. For me having a family was the kick in the pants I needed to get serious about financial planning. It's around this time I discovered the Boglehead community. I wish we would have done the basics before the baby arrived. 1.) Created a ho...
by Foredeck
Wed Feb 12, 2020 7:14 pm
Forum: Personal Consumer Issues
Topic: Protection Against Home Intruders
Replies: 387
Views: 28412

Re: Protection Against Home Intruders

Without going into details, I have more firearm experience then most and would like to say unless you plan to train to a level of muscle memory on more than stationary targets do not purchase a firearm thinking you are doing yourself, your family or your neighbors any favors. Trained LEOs routinely...
by Foredeck
Wed Feb 12, 2020 8:23 am
Forum: Personal Consumer Issues
Topic: What are your not free but still frugal hobbies?
Replies: 102
Views: 7773

Re: What are your not free but still frugal hobbies?

Reading. Get a library card. Costs nothing.
by Foredeck
Wed Feb 12, 2020 7:13 am
Forum: Personal Consumer Issues
Topic: Protection Against Home Intruders
Replies: 387
Views: 28412

Re: Protection Against Home Intruders

I'm sorry to hear that you are going through this. It sucks. My family and I live in a medium sized urban area. We have a single family home. Both times that I am aware of that someone tried getting into our house were once during the day, around noon and the other at night. Both times they tried ge...
by Foredeck
Mon Feb 10, 2020 6:09 pm
Forum: Personal Consumer Issues
Topic: What is your most luxury/expensive hobby.
Replies: 264
Views: 20852

Re: What is your most luxury/expensive hobby.

Wow some of you folks have expensive hobbies! I thought golf was bad...I took a year off and played 125 rounds. But that's nothing compared to a few months of horse/boat/plane maintenance. For some of us, that expensive hobby is the only reason we are so interested in retirement planning and early ...
by Foredeck
Mon Feb 10, 2020 12:46 pm
Forum: Personal Consumer Issues
Topic: What is your most luxury/expensive hobby.
Replies: 264
Views: 20852

Re: What is your most luxury/expensive hobby.

Sailing

Taking the plunge this year and buying a boat.
by Foredeck
Sun Feb 09, 2020 10:25 am
Forum: Personal Consumer Issues
Topic: What do you/did you spend your bonus on?
Replies: 109
Views: 8886

Re: What do you/did you spend your bonus on?

We did a kitchen remodel with 0% interest credit card the previous year. Paid that off early. The remaining went to VMMXX and savings account.

Oh and I bought a pair of Allen Edmonds shoes.
by Foredeck
Sun Feb 09, 2020 2:54 am
Forum: Personal Consumer Issues
Topic: What is the best concert you ever witnessed?
Replies: 434
Views: 32042

Re: What is the best concert you ever witnessed?

As a teenager I would have said a punk rock show in someone's garage or basement. Those were a lot of fun and exciting. In my 20s I would have said Ricky Skaggs and his band. Went to a free open air bluegrass concert and was blown away. Incredible talent. I would highly recommend seeing them play. L...
by Foredeck
Fri Feb 07, 2020 5:14 pm
Forum: Personal Consumer Issues
Topic: The annual "Boglehead considering a country club" thread
Replies: 115
Views: 7084

Re: The annual "Boglehead considering a country club" thread

Oh, and of course, how does your wife feel about all this? Beyond the financials this is the most important question of them all. Will she be okay with you going out playing golf, while she's home taking care of the kid(s)? My suggestion would be to talk with her. If she's onboard with your idea th...
by Foredeck
Wed Feb 05, 2020 6:32 am
Forum: Personal Finance (Not Investing)
Topic: Couples w/ kids: What is/was the most expensive time period of your life?
Replies: 145
Views: 12321

Re: Couples w/ kids: What is/was the most expensive time period of your life?

We're in the second category. My son is 4 years old and attends full time daycare. Breakfast and lunch are included. The baby phase cost use about $20,000 for the first year. Then gradually started to come down a bit. Now we're at around $17,000. We're starting to see a little light at the end of t...
by Foredeck
Wed Feb 05, 2020 6:18 am
Forum: Personal Consumer Issues
Topic: [Books that changed your life]
Replies: 577
Views: 62628

Re: Books that changed your life

Nicolas wrote: Tue Feb 04, 2020 11:06 pm
Foredeck wrote: Tue Feb 04, 2020 10:29 pm "Down and Out in Paris and London" by George Orwell
This is a good book, I enjoyed it also. You should read The Road to Wigan Pier (1937) by the same author.
Excellent thanks for the recommendation. I'll add that to my reading list.
by Foredeck
Tue Feb 04, 2020 10:29 pm
Forum: Personal Consumer Issues
Topic: [Books that changed your life]
Replies: 577
Views: 62628

Re: Books that changed your life

Here are a handful of books that I've really enjoyed over the years. "Down and Out in Paris and London" by George Orwell "The Alchemist" by Paulo Coelho "The Art of Living: The Classical Manual on Virtue, Happiness and Effectiveness" by Epictetus, Sharon Lebell (Retold ...
by Foredeck
Tue Feb 04, 2020 6:39 pm
Forum: Personal Finance (Not Investing)
Topic: Couples w/ kids: What is/was the most expensive time period of your life?
Replies: 145
Views: 12321

Re: Couples w/ kids: What is/was the most expensive time period of your life?

We're in the second category. My son is 4 years old and attends full time daycare. Breakfast and lunch are included. The baby phase cost use about $20,000 for the first year. Then gradually started to come down a bit. Now we're at around $17,000. We're starting to see a little light at the end of th...
by Foredeck
Mon Feb 03, 2020 1:02 pm
Forum: Investing - Theory, News & General
Topic: US national debt - talk me down!
Replies: 42
Views: 3392

Re: US national debt - talk me down!

I share the same concerns.

For myself, I've started buying some gold, both physical and paper. Looking to have around 5% of my net worth built up over 5 to 10 years or so.

I've also had the same thought about holding some international bond funds.
by Foredeck
Sat Jan 25, 2020 4:39 pm
Forum: Personal Consumer Issues
Topic: What are you listening to now
Replies: 1090
Views: 65811

Re: What are you listening to now

Listening to a couple things.

1.) The Mysterious Mr. Epstein podcast.

2.) The Life and Works of Antonin Dvorak.

3.) Gaelic folk music. (Julie Fowlis).
by Foredeck
Thu Jan 23, 2020 7:41 am
Forum: US Chapters
Topic: Sad news: LadyGeek's husband has passed
Replies: 352
Views: 28603

Re: Sad news: LadyGeek's husband has passed

Thank you for sharing what you've learned.

Sending you positive vibes your way.
by Foredeck
Sun Jan 19, 2020 7:52 pm
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 6035
Views: 1405191

Re: What Movie Have You Recently Watched?

Smokey and the Bandit 1977.
by Foredeck
Sun Jan 19, 2020 7:49 pm
Forum: Personal Consumer Issues
Topic: If you could only listen to one podcast...
Replies: 138
Views: 12268

Re: If you could only listen to one podcast...

Trade Talks https://www.tradetalkspodcast.com/ Trade Talks is a lively and popular podcast about the economics of trade and policy. In each episode, co-hosts Soumaya Keynes (The Economist) and Chad P. Bown (Peterson Institute for International Economics) explore trade-related topics from the US-Chin...
by Foredeck
Tue Jan 07, 2020 3:08 pm
Forum: Investing - Theory, News & General
Topic: Which one is safer? FDIC savings vs Treasuries?
Replies: 12
Views: 1058

Re: Which one is safer? FDIC savings vs Treasuries?

I have had this same exact question. I just finished reading "Stress Test" by Timothy Geithner which has probably caused me to be more cautious than I need to be. I've opted for a more diversified approach. EM funds are distributed in multiple areas. This is probably overkill. I've listed ...
by Foredeck
Sun Dec 29, 2019 2:16 pm
Forum: Personal Finance (Not Investing)
Topic: Prefer spending money on investing rather than "things"? Is this weird?
Replies: 37
Views: 2828

Re: Prefer spending money on investing rather than "things"? Is this weird?

I agree. I don't think this is weird. I get great satisfaction from saving and investing. Its sort of like a game to me and its one I enjoy playing. The thought of accumulating more "stuff" is not appealing. I think of it as, more stuff is going to require more of my time to organize it an...
by Foredeck
Tue Dec 24, 2019 10:44 am
Forum: Personal Finance (Not Investing)
Topic: Updating Wills and Trust
Replies: 18
Views: 2049

Re: Updating Wills and Trust

Ever year my wife and I make a list of goals. For 2020 one of our goals is updating our Wills and Trusts. The attorney that helped us originally recommended that we identify specific pages that need to be changed. That makes the process go faster and saves us money. So our homework will be to create...
by Foredeck
Wed Dec 18, 2019 7:43 am
Forum: Personal Consumer Issues
Topic: [Anyone drop cable for YouTube TV?]
Replies: 139
Views: 14204

Re: [Anyone drop cable for YouTube TV?]

My wife and I switched to YouTube TV about 9 months ago. We got it for watching English Premiere League soccer, and we've been pleased with it. After the intro rate we now pay I think $55 per month. Features include Unlimited cloud storage for shows you want to DVR. We watched the Rugby World Cup. T...
by Foredeck
Mon Dec 16, 2019 12:28 pm
Forum: Personal Consumer Issues
Topic: What Book Are You Currently Reading? Part VI
Replies: 4782
Views: 1297333

Re: What Book Are You Currently Reading? Part VI

Stress Test: Reflections on Financial Crises
Book by Timothy Geithner
by Foredeck
Wed Dec 11, 2019 9:48 pm
Forum: Personal Consumer Issues
Topic: What are you giving (or asking) for Christmas?
Replies: 77
Views: 5608

Re: What are you giving (or asking) for Christmas?

Asking for nothing. Giving toys to the kids. A knight's sword and shield set, toy train, and kids books. We stopped giving gifts to the adults in the family. Everyone is so much happier because of this. We've been focusing more on doing things as a family like going to a Christmas concert, or visit ...