Search found 61 matches

by InvestingGeek
Fri Dec 27, 2019 4:46 pm
Forum: Investing - Theory, News & General
Topic: How long to recover from a 30% crash, 10%?
Replies: 47
Views: 3630

Re: How long to recover from a 30% crash, 10%?

But then the market reached the next highest point on 10/12/07 after it recovered in 2006. But then it declined and didn't recover until 3/2/12: https://i.postimg.cc/bvbN2f9G/Capture3.jpg source: http://quotes.morningstar.com/chart/fund/chart?t=VTSAX&dataParams=%7B%22zoomKey%22%3A11%2C%22version%22...
by InvestingGeek
Fri Dec 20, 2019 2:33 pm
Forum: Personal Consumer Issues
Topic: [What UN-frugal thing do you do? What do you splurge on?]
Replies: 588
Views: 50772

Re: [What UN-frugal thing do you do? What do you splurge on?]

Big house - we love the extra space. Eating out. We love to cook at home most of the time but do eat out whenever we feel like it which is about once or twice a week. What I wish we spent more on: - Clothing: I really need a new wardrobe. But I hate shopping and shopping for clothes is the absolute ...
by InvestingGeek
Fri Nov 22, 2019 4:31 pm
Forum: Personal Finance (Not Investing)
Topic: Renting out a cash flow neutral single family?
Replies: 14
Views: 1362

Re: Renting out a cash flow neutral single family?

Bail. A new house comes with lots of unexpected expenses. As does a rental property and being a landlord. $4k is nothing compared to the potential costs you could incur in such a situation, especially if you don't see much market appreciation in that location. Just a few months of finding a tenant a...
by InvestingGeek
Thu Nov 21, 2019 5:52 pm
Forum: Personal Consumer Issues
Topic: Communication skills in group settings
Replies: 7
Views: 762

Re: Communication skills in group settings

where there are dozens, if not hundreds of random people you've never met before... I want GENUINE discussions and not artificial just talk to talk nonsense. "Genuine" conversations with random strangers without any of the initial lubrication provided by smalltalk which you call artificial nonsense...
by InvestingGeek
Thu Nov 21, 2019 4:50 pm
Forum: Investing - Theory, News & General
Topic: Where does the money come from?
Replies: 54
Views: 7100

Re: Where does the money come from?

People are just bidding higher, that's all. And I think part of what's driving the higher bids is the increased demand due to easier credit from the lowered interest rates and the positive signals from earnings reports and the trade war.
by InvestingGeek
Thu Nov 21, 2019 6:01 am
Forum: Personal Investments
Topic: Dollar Cost Averaging or: how I learned to stop worrying and love the Lump Sum
Replies: 38
Views: 3409

Re: Dollar Cost Averaging or: how I learned to stop worrying and love the Lump Sum

I agree with the OP as do probably most people here. It's kinda stating the obvious. By lumpsumming out of one stock with its attendant risks, he or she moved their money into the AA of their choice in index funds. That's de-risking to me, regardless of the outcome. Having your windfall in cash proc...
by InvestingGeek
Wed Nov 20, 2019 9:51 pm
Forum: Personal Finance (Not Investing)
Topic: Payment question
Replies: 11
Views: 815

Re: Payment question

The one reason people avoid invoices and prefer to deal in cash is to evade taxes in my experience. It's possible that the $2k he makes off you in cash can remain off the books without an invoice and would never be shown on a tax return or incur sales tax, saving both parties money. Possible that he...
by InvestingGeek
Wed Nov 20, 2019 1:38 pm
Forum: Personal Finance (Not Investing)
Topic: Rental payments electronic transfer alternatives
Replies: 14
Views: 1069

Re: Rental payments electronic transfer alternatives

I just started using Cozy. Takes about 5 days (possibly how they make some of their money) but Cozy does the reminding if needed and the notifying to me when payment is initiated or deposited. The tenant can also set up automated withdrawals from their account. I read somewhere that having a push mo...
by InvestingGeek
Wed Nov 20, 2019 1:00 pm
Forum: Personal Finance (Not Investing)
Topic: College for average kids
Replies: 126
Views: 14383

Re: College for average kids

One thing you've forgotten to mention is what *his* plan is. What are his ideas on how he intends to make a living? I'd let it come from him instead of putting thoughts in his head. Disclaimer that I have very young children so I might really have no clue what I'm talking about about dealing with a ...
by InvestingGeek
Wed Nov 20, 2019 12:47 pm
Forum: Personal Finance (Not Investing)
Topic: Why are most insurance products to protect against catastrophe but vision & dental insurance are for ordinary use?
Replies: 42
Views: 3678

Re: Why are most insurance products to protect against catastrophe but vision & dental insurance are for ordinary use?

This is verboten for this forum probably but there are calls in response to the political winds for making health insurance, any kind of it, illegal. The thinking is that presence of insurance and the administering of it is what's driving costs higher, and if there were no insurance, costs would dro...
by InvestingGeek
Wed Nov 20, 2019 12:27 pm
Forum: Personal Investments
Topic: I want to make my children millionaires.
Replies: 74
Views: 12436

Re: I want to make my children millionaires.

Dave Ramsey's daughter wrote a book about making kids financially savvy if that's your intent. I got it at the local library and it was a good read with some practices worth implementing. Setting them on the track to earn their own money, and then save, spend and give out of it is a good way to get ...
by InvestingGeek
Wed Nov 20, 2019 7:32 am
Forum: Personal Consumer Issues
Topic: Best thing you have ever bought?
Replies: 151
Views: 13388

Re: Best thing you have ever bought?

Silly answer maybe but my electric screwdriver. The amount of time and effort it's saved me is incredible, and it's always a joy to use. I resisted buying one for years thinking it would be unwieldy to use and just unnecessary when my manual did the job just fine. I was amazed the first time I used ...
by InvestingGeek
Tue Nov 19, 2019 6:23 pm
Forum: Personal Investments
Topic: Now That I have Won
Replies: 24
Views: 6303

Re: Now That I have Won

LarryG, so interested in hearing all about your life experiences! 89 years must've been quite a ride. And congrats on winning!! :sharebeer

Your plan seems sound to me.
by InvestingGeek
Tue Nov 19, 2019 4:48 pm
Forum: Personal Finance (Not Investing)
Topic: Why are most insurance products to protect against catastrophe but vision & dental insurance are for ordinary use?
Replies: 42
Views: 3678

Re: Why are most insurance products to protect against catastrophe but vision & dental insurance are for ordinary use?

It does act like insurance in the sense that if you need anything beyond cleanings and exams, you don't have to pay the full amount as the other folks who've subscribed to the plan are sharing the cost with you.
by InvestingGeek
Sat Nov 16, 2019 9:14 am
Forum: Personal Investments
Topic: Questions about Fidelity Charitable DAF
Replies: 43
Views: 3240

Re: Questions about Fidelity Charitable DAF

Who actually writes a donation check from DAF? Does DAF give you a check book? If DAF issues a donation check directly, how does it know the recipient is an eligible charitable organization? I can only speak for the Fidelity DAF. They do not give you a checkbook. You go into their website and find ...
by InvestingGeek
Fri Nov 15, 2019 6:51 pm
Forum: Personal Investments
Topic: What is YOUR formula in determining whether you're FI? And what did you do after you reach FI?
Replies: 25
Views: 2819

Re: What is YOUR formula in determining whether you're FI? And what did you do after you reach FI?

For those who feel you have achieved financial independent, what formula did YOU use? I am not asking for consensus, just individual formulas. I am not asking retirement number either, just when you feel you have won the game. Was it Expense * 25/30/33/50 ? Did you take Social Security into conside...
by InvestingGeek
Fri Nov 15, 2019 5:44 pm
Forum: Personal Investments
Topic: I need to rebalance, but hate paying capital gains tax.
Replies: 39
Views: 3216

Re: I need to rebalance, but hate paying capital gains tax.

Another option: wait for the market to rebalance you automatically :twisted:
by InvestingGeek
Fri Nov 15, 2019 5:41 pm
Forum: Personal Investments
Topic: I need to rebalance, but hate paying capital gains tax.
Replies: 39
Views: 3216

Re: I need to rebalance, but hate paying capital gains tax.

I probably should not post this because I know there will be a lot flak,but here goes. One way not to have to rebalance and pay capital gains is to use balanced funds so that you do not have to rebalance. It will cost you a little more in tax because of the bonds, but I like the piece of mind of no...
by InvestingGeek
Fri Nov 15, 2019 5:36 pm
Forum: Personal Investments
Topic: I need to rebalance, but hate paying capital gains tax.
Replies: 39
Views: 3216

Re: I need to rebalance, but hate paying capital gains tax.

Another strategy I use is to donate appreciated stock by transferring to a donor advised fund. You can donate the capital gains without any tax liability. And in fact, it benefits your taxes by letting you itemize for that year by taking the full amount as a charitable deduction. You can then make d...
by InvestingGeek
Fri Nov 15, 2019 5:34 pm
Forum: Personal Investments
Topic: I need to rebalance, but hate paying capital gains tax.
Replies: 39
Views: 3216

Re: I need to rebalance, but hate paying capital gains tax.

If you're still accumulating, it's a no-brainer - just start allocating everything to the underfunded category and rebalance over time without tax consequences. If you're retired, depending on how comfortable you are with the deviation, I would just bite the bullet and rebalance. There's a reason fo...
by InvestingGeek
Fri Nov 15, 2019 12:37 pm
Forum: Personal Consumer Issues
Topic: Productizing an idea
Replies: 28
Views: 1734

Re: Productizing an idea

Thanks for the detailed insights on the pitfalls of going provisional first, bryanm. I might take you up on the PM for official consulting offer later once we have worked out some sort of a gameplan. A part of me thinks knock-offs are okay as long as society is going to benefit. After all, I'm livin...
by InvestingGeek
Fri Nov 15, 2019 11:05 am
Forum: Personal Consumer Issues
Topic: Productizing an idea
Replies: 28
Views: 1734

Re: Productizing an idea

Good points. We will definitely temper our expectations and approach it as an adventure which may not pan out.

I will also Google around to see if something like this is already out. I know chances are it is.
by InvestingGeek
Fri Nov 15, 2019 10:41 am
Forum: Investing - Theory, News & General
Topic: Is the FIRE Movement Responsible for this Historic Bull Market Run
Replies: 76
Views: 6667

Re: Is the FIRE Movement Responsible for this Historic Bull Market Run

Consumption (anti-thesis of FIRE movement) and earnings are up too.
by InvestingGeek
Fri Nov 15, 2019 10:33 am
Forum: Personal Investments
Topic: Taxable account
Replies: 10
Views: 501

Re: Taxable account

Why would VTI prevent taxes in the future that would be incurred by VTSAX?
by InvestingGeek
Fri Nov 15, 2019 10:18 am
Forum: Personal Consumer Issues
Topic: Productizing an idea
Replies: 28
Views: 1734

Re: Productizing an idea

Thanks for the replies, everyone! Wow, I expected this to be a clear-cut paint-by-numbers process given how long our country has been in the invention business and all the SAHMs one sees on Shark Tank. If the idea is genuinely unique and qualifies for a utility patent, my advise is to file for a pro...
by InvestingGeek
Wed Nov 13, 2019 10:40 pm
Forum: Personal Consumer Issues
Topic: Best method for handling work task list and note taking?
Replies: 31
Views: 2805

Re: Best method for handling work task list and note taking?

I could carry my laptop with me from meeting to meeting and type notes into OneNote, Outlook, etc, but it's a pain to hook back up the peripherals when I get back to my desk. Like I said, I use the bullet journal method, but if the laptop peripherals are your only issue, then just get a good dockin...
by InvestingGeek
Wed Nov 13, 2019 10:31 pm
Forum: Personal Consumer Issues
Topic: Best method for handling work task list and note taking?
Replies: 31
Views: 2805

Re: Best method for handling work task list and note taking?

I second the bullet journal method. After using it for a while, I'm sold on the idea that the mind is a great idea / thought factory but not so much a good warehouse. Having a hard drive for your mind in the form of a bullet journal has been a life saver when juggling family, kids, house, work, side...
by InvestingGeek
Wed Nov 13, 2019 4:02 pm
Forum: Personal Consumer Issues
Topic: Productizing an idea
Replies: 28
Views: 1734

Productizing an idea

Hi esteemed Bogleheads, My wife has a couple of ideas for revolutionary (hopefully anyway) kitchen gadgets. But we're at a loss on how to turn those into actual products. I'm assuming we go to an industrial design firm to get some prototypes made and then if the testing works out, get an initial bat...
by InvestingGeek
Wed Nov 13, 2019 3:17 pm
Forum: Personal Consumer Issues
Topic: Disney plus streaming deal
Replies: 56
Views: 6985

Re: Disney plus streaming deal

fareastwarriors wrote:
Wed Nov 13, 2019 2:31 pm
Is there a way to see what's available now without subscribing?
They have a 7-day free trial. We're mulling this too but want to get that trial after they work out the kinks.
by InvestingGeek
Wed Nov 13, 2019 12:49 pm
Forum: Personal Consumer Issues
Topic: Retired Boglehead obsession with money- devil's advocate
Replies: 84
Views: 13639

Re: Retired Boglehead obsession with money- devil's advocate

To add to this, as you age and especially as you each retirement, apparently strength and extent of your social circles play an equally important role in life satisfaction as money, if not more. Studies show that mental and physical health as well as longevity are directly tied to social engagement ...
by InvestingGeek
Wed Nov 13, 2019 7:16 am
Forum: Personal Investments
Topic: Vanguard Market Outlook
Replies: 9
Views: 1542

Re: Vanguard Market Outlook

I wonder if using the long term bond outlook of 2-2.5% is a good number to use for long term inflation. Do they usually track inflation?
by InvestingGeek
Mon Nov 11, 2019 4:29 pm
Forum: Personal Consumer Issues
Topic: [What TV Show Have You Recently Watched?]
Replies: 1661
Views: 184576

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

Watching Babylon Berlin. Thriller in German set in the Weimar Republic era (abysmal conditions in Germany between the world wars). Nice story, lots of complex and intertwined engaging threads, immersion in the bohemian zeitgeist / atmosphere and the political setting in 1930s Germany. Available eith...
by InvestingGeek
Fri Nov 08, 2019 1:00 pm
Forum: Personal Finance (Not Investing)
Topic: Early Financial Independence. - Healthcare costs
Replies: 65
Views: 5584

Re: Early Financial Independence. - Healthcare costs

I may end up being wrong, but I think the model is unsustainable in which people are able to retire early and collect government subsidies to pay for their health care. Therefore, do not plan that this is a given and will always be there for you. The political wind can blow and take that away. In m...
by InvestingGeek
Wed Oct 23, 2019 12:02 pm
Forum: Personal Finance (Not Investing)
Topic: health insurance after retirement?
Replies: 36
Views: 5546

Re: health insurance after retirement?

As I approach middle age, this is what I worry about the most too. I know of seniors in the 50s-60s range who are holding on to their jobs just for the health insurance. It's a sad state of affairs. Is it true that after 65, you're pretty much covered by Medicare or are there significant expenses we...
by InvestingGeek
Fri Sep 13, 2019 2:17 pm
Forum: Personal Finance (Not Investing)
Topic: "Estate Planning Checklist" (for all of us)
Replies: 23
Views: 3968

Re: "Estate Planning Checklist" (for all of us)

Invaluable. Thanks for the post.

It says trust if you need it. Under what circumstances would that be needed that can't be achieved with a will? Maybe I should ask in a fresh thread or search around first.
by InvestingGeek
Thu Aug 08, 2019 8:51 am
Forum: Investing - Theory, News & General
Topic: The reasons dry powder and tactical asset allocation doesn't work
Replies: 26
Views: 3373

Re: The reasons dry powder and tactical asset allocation doesn't work

He doesn't. But how about if you tell me just before the worst days happen, I'll give you a 1% AUM as long as I get a money back guarantee ;) I think that's part of his point. If you hold onto cash waiting for the worst day or big drops, you'll be missing out on some of the best days and biggest ga...
by InvestingGeek
Wed Aug 07, 2019 3:43 pm
Forum: Personal Consumer Issues
Topic: wifi router, too many options!
Replies: 41
Views: 3134

Re: wifi router, too many options!

+1 on Google WiFi. Just does the job and admirably. I was amazed by the difference in speed, coverage and ease of management. It would definitely benefit a 3500 sq ft house.
by InvestingGeek
Wed Aug 07, 2019 7:57 am
Forum: Personal Consumer Issues
Topic: Need a Printer!
Replies: 21
Views: 1437

Re: Need a Printer!

Canon all in ones usually have duplex scanning and they've never failed me.
by InvestingGeek
Sun Aug 04, 2019 3:30 pm
Forum: Personal Finance (Not Investing)
Topic: Is our spending crazy?
Replies: 136
Views: 11873

Re: Is our spending crazy?

Yes, $8k a month excluding mortage and school seems like a lot to me, even in a HCOL. Do you have a general breakdown of where it's going? Even spending a grand each on food, clothing, cars, utilities, you'd only be up to 4k. You can afford it, of course. But if you were to trim a bit, those savings...
by InvestingGeek
Sun Aug 04, 2019 3:14 pm
Forum: Personal Finance (Not Investing)
Topic: A note on spending for kids
Replies: 148
Views: 11946

Re: A note on spending for kids

Kids crave time with the parents. Goes to the crux - their basic need. And it doesn't even have to be anything organized - just hanging out with them appears to do wonders in other parts of their life. In their teens, it's not so much one-on-one time; they just do well if parents are around . There...
by InvestingGeek
Sun Aug 04, 2019 7:54 am
Forum: Personal Finance (Not Investing)
Topic: A note on spending for kids
Replies: 148
Views: 11946

Re: A note on spending for kids

I completely agree with the idea that organized activities deprive kids of developing agency and indulging in their own imagination by inventing games, rules and just generally having fun of their own making. I had the same kind of childhood as Starfish and others - no organized activities whatsoeve...
by InvestingGeek
Mon Jul 29, 2019 10:20 pm
Forum: Investing - Theory, News & General
Topic: Why VBTLX returned 7.85% over the year with rates rising?
Replies: 18
Views: 2564

Re: Why VBTLX returned 7.85% over the year with rates rising?

In the last quarter of 2018, US equity markets tanked, losing about 20% by Christmas Eve from its September highs. Investors feared that the Fed would keep raising rates precipitating a possible US recession plus concerns about slowing global growth and the uncertain effects of tariff and trade pol...
by InvestingGeek
Mon Jul 29, 2019 10:16 pm
Forum: Investing - Theory, News & General
Topic: Why VBTLX returned 7.85% over the year with rates rising?
Replies: 18
Views: 2564

Re: Why VBTLX returned 7.85% over the year with rates rising?

Gotta commend you on your ability to ignore the financial news/noise and stick to your plan. Yeah, I admittedly don't follow the news/noise since my portfolio is on autopilot. Was just surprised to see near 8% return from my bond holding this year when I hear talk of a strong economy all around. So...
by InvestingGeek
Mon Jul 29, 2019 10:11 pm
Forum: Investing - Theory, News & General
Topic: Why VBTLX returned 7.85% over the year with rates rising?
Replies: 18
Views: 2564

Re: Why VBTLX returned 7.85% over the year with rates rising?

I thought this coming fed rate cut is the first one of the year and that's the one I would have thought impacts the medium-duration VTBLX. Promise I'm not from an alternative universe :D.
by InvestingGeek
Mon Jul 29, 2019 6:47 pm
Forum: Investing - Theory, News & General
Topic: Why VBTLX returned 7.85% over the year with rates rising?
Replies: 18
Views: 2564

Why VBTLX returned 7.85% over the year with rates rising?

Hi bond gurus, I'm trying to understand why VBTLX (Vanguard's Total Bond Index Fund) returned 7.85% over the last year in a climate of rising interest rates with further rate increases expected (though with expectations belied)? Is it explained in large part by price increases in the fund due to inv...
by InvestingGeek
Wed Jul 24, 2019 10:56 pm
Forum: Personal Finance (Not Investing)
Topic: How do you deal with looking bad compared to others?
Replies: 77
Views: 5571

How do you deal with looking bad compared to others?

Hi, I'm fully bought into the idea of living within my means. I have a decent amount of money invested. Own a reasonably sized house for our family and no one really knows how much I make or have saved up since we don't live ostentatiously. My problem is with relatives and wider family members snick...
by InvestingGeek
Fri Nov 02, 2018 11:02 pm
Forum: Personal Consumer Issues
Topic: Multiple newspaper and magazine subscriptions - how much do you pay to stay informed?
Replies: 60
Views: 4769

Re: Multiple newspaper and magazine subscriptions - how much do you pay to stay informed?

I just started weekly subscriptions to Barron's, The Economist and New York Times, specifically to support evidence-based journalism. I chose these from a ranking of trusted news sources across various political groups: https://www.businessinsider.com/here-are-the-most-and-least-trusted-news-outlets...
by InvestingGeek
Tue Sep 11, 2018 8:03 pm
Forum: Personal Finance (Not Investing)
Topic: Mr.No - another should I pay off my mortgage, post
Replies: 31
Views: 2862

Re: Mr.No - another should I pay off my mortgage, post

You're pretty long on real-estate already ($1M on your house with a total net worth of about $2M). That's a lot of risk in one asset and asset class, especially in a place like the Bay Area. I'd be looking to spread the risk around by adding more to stocks and bonds, not taking money out of stocks a...
by InvestingGeek
Tue Sep 11, 2018 7:41 pm
Forum: Personal Investments
Topic: Going off-track of asset allocation due to high savings rate
Replies: 47
Views: 3292

Re: Going off-track of asset allocation due to high savings rate

Comparing VTI to VXUS is a pretty simple comparison, and is fairly apples to apples. I don't make evaluations of stocks vs bonds. My bond allocation is damn near exactly at 5% where it's set to be. With respect to equity/bond splits, I'm right on AA. I just am out of whack on the equity positions. ...
by InvestingGeek
Tue Sep 11, 2018 6:25 pm
Forum: Personal Investments
Topic: Money market vs Bond funds
Replies: 19
Views: 7044

Re: Money market vs Bond funds

What am I missing? Intermediate VG bond funds have lost from 1.25 to 1.50% YTD 9/2018. Short term funds have lost a small amount YTD. It would seem reasonable to expect interest rate to increase in future resulting in more loss of principal. VG Prime money market fund has a SEC yield of 2 %. Why sh...