Search found 214 matches

by rage_phish
Sat Feb 20, 2021 11:03 am
Forum: Investing - Theory, News & General
Topic: If you bought Bitcoin, when do you plan to sell?
Replies: 396
Views: 30552

Re: If you bought Bitcoin, when do you plan to sell?

If only there were already people here to moderate discussion to fit what’s deemed acceptable on this forum...
by rage_phish
Mon Feb 15, 2021 12:43 pm
Forum: Investing - Theory, News & General
Topic: “New Bitcoin Investors Explain Why They’re Buying at Record Prices“
Replies: 890
Views: 56696

Re: “New Bitcoin Investors Explain Why They’re Buying at Record Prices“

This thread kind of feels like an all purpose crypto thread at this point I think having an on-going "all purpose crypto thread" is a good idea, much easier to navigate and keep up with compared to having new-but-similar threads continually being created. You're going to kill multiple bog...
by rage_phish
Mon Feb 15, 2021 11:17 am
Forum: Investing - Theory, News & General
Topic: “New Bitcoin Investors Explain Why They’re Buying at Record Prices“
Replies: 890
Views: 56696

Re: “New Bitcoin Investors Explain Why They’re Buying at Record Prices“

This thread kind of feels like an all purpose crypto thread at this point

Thoughts on keeping a percentage of your emergency fund in a stable coin like USDC at place like BlockFi in order to take advantage of the interest rates offered
by rage_phish
Fri Feb 12, 2021 1:06 pm
Forum: Investing - Theory, News & General
Topic: “New Bitcoin Investors Explain Why They’re Buying at Record Prices“
Replies: 890
Views: 56696

Re: “New Bitcoin Investors Explain Why They’re Buying at Record Prices“

I think what a lot of the Bitcoin zealots don't appreciate is that many Bitcoin critics such as myself are in full agreement with them: blockchain technology, cryptocurrencies and decentralized finance in general are hugely disruptive technologies that could radically transform economies and societ...
by rage_phish
Mon Feb 08, 2021 8:17 pm
Forum: Investing - Theory, News & General
Topic: Bitcoin
Replies: 124
Views: 8449

Re: Bitcoin

Over the weekend I had finally come around to the idea of getting into crypto and had planned on buying in the allotment I was comfortable with this morning Then with the Tesla news today, everything jumped up I have always been a big proponent of “time in the market is better than timing the market...
by rage_phish
Mon Feb 08, 2021 10:16 am
Forum: Investing - Theory, News & General
Topic: “New Bitcoin Investors Explain Why They’re Buying at Record Prices“
Replies: 890
Views: 56696

Re: “New Bitcoin Investors Explain Why They’re Buying at Record Prices“

Agree with the sentiment. I have learned so much here (still learning)

And looking for a place to get the same education on crypto is hard. There is so much awful trash out there and scammers
by rage_phish
Sat Feb 06, 2021 4:33 pm
Forum: Investing - Theory, News & General
Topic: “New Bitcoin Investors Explain Why They’re Buying at Record Prices“
Replies: 890
Views: 56696

Re: “New Bitcoin Investors Explain Why They’re Buying at Record Prices“

New to crypto. I have $2k in so far and it’s almost entirely in BTC, with about $40 in ETH. I want to increase my holding to about $7-10k (roughly 1% of net worth) I do not plan to trade. I simply want to buy and hold. I feel most confident that BTC & ETH are the safest long term holds. But am ...
by rage_phish
Sat Feb 06, 2021 1:35 pm
Forum: Investing - Theory, News & General
Topic: “New Bitcoin Investors Explain Why They’re Buying at Record Prices“
Replies: 890
Views: 56696

Re: “New Bitcoin Investors Explain Why They’re Buying at Record Prices“

New to crypto. I have $2k in so far and it’s almost entirely in BTC, with about $40 in ETH. I want to increase my holding to about $7-10k (roughly 1% of net worth) I do not plan to trade. I simply want to buy and hold. I feel most confident that BTC & ETH are the safest long term holds. But am v...
by rage_phish
Fri Jan 29, 2021 11:14 pm
Forum: Personal Finance (Not Investing)
Topic: Can we afford this home in Bay Area, California
Replies: 26
Views: 3626

Re: Can we afford this home in Bay Area, California

Lexx wrote: Fri Jan 29, 2021 5:27 pm Have you looked at San Ramon? It’s very family friendly with good public schools.
4 bedroom house for under $800k in San Ramon?
by rage_phish
Fri Jan 29, 2021 11:48 am
Forum: Investing - Theory, News & General
Topic: [GameStop GME trading mega-thread]
Replies: 4142
Views: 201117

Re: [GameStop GME trading mega-thread]

Faisal wrote: Fri Jan 29, 2021 10:18 am I am getting that itchy FOMO feeling right now. Self-control is at maximum not to throw in some money just for the hell of it.
Same. 100%
by rage_phish
Fri Jan 29, 2021 9:58 am
Forum: Investing - Theory, News & General
Topic: [GameStop GME trading mega-thread]
Replies: 4142
Views: 201117

Re: [GameStop GME trading mega-thread]

JoMoney wrote: Fri Jan 29, 2021 9:51 am
rage_phish wrote: Fri Jan 29, 2021 9:46 am A tone having issues logging into fidelity? Can’t get in via the app or website
Definitely slower and a bit "glitch"ey (my first login attempt gave an unusual 'error' , but worked on second login)
I got in after a few mins
by rage_phish
Fri Jan 29, 2021 9:46 am
Forum: Investing - Theory, News & General
Topic: [GameStop GME trading mega-thread]
Replies: 4142
Views: 201117

Re: [GameStop GME trading mega-thread]

A tone having issues logging into fidelity? Can’t get in via the app or website
by rage_phish
Thu Jan 28, 2021 8:46 pm
Forum: Investing - Theory, News & General
Topic: [GameStop GME trading mega-thread]
Replies: 4142
Views: 201117

Re: [GameStop GME trading mega-thread]

Do boglehead 3 fund investors need to be concerned? Are these hedge funds going to continue to sell their long positions to cover the shorts and affect the broad indexes? https://investornews.vanguard/when-stocks-get-ahead-of-fundamentals/j "Tune out the noise and stay the course—two time-test...
by rage_phish
Thu Jan 28, 2021 8:46 pm
Forum: Investing - Theory, News & General
Topic: [GameStop GME trading mega-thread]
Replies: 4142
Views: 201117

Re: [GameStop GME trading mega-thread]

Like everyone here I am fascinated and am entertained by what is happening with $GME and WSB. Long-term however, is anyone else somewhat spooked at what this experience is going to do to a generation of investors (18-29) that relied on RH as their tool? Are they going to walk away from the market f...
by rage_phish
Tue Jan 26, 2021 1:29 pm
Forum: Personal Finance (Not Investing)
Topic: Chase Amazon Prime Card--4% back
Replies: 76
Views: 7890

Re: Chase Amazon Prime Card--4% back

question for those who took advantage of the promo: we activated 4% back across all categories. but when we look at the rewards page it shows us the normal percentages for the various categories. we called and they say despite that we are getting 4% back is this how it is for everyone else? your rew...
by rage_phish
Fri Jan 22, 2021 10:09 am
Forum: Personal Finance (Not Investing)
Topic: Who or what has helped the most in your financial journey?
Replies: 121
Views: 7300

Re: Who or what has helped the most in your financial journey?

Two things: 1. Being born to well off fiscally intelligent parents 2. Marrying a woman who was born to even more well off fiscally conservative intelligent parents We weren’t born with some massive trust funds to live off. But we both had college fully funded and help from our parents with down paym...
by rage_phish
Thu Jan 21, 2021 1:01 pm
Forum: Personal Finance (Not Investing)
Topic: Help with budgeting worksheet
Replies: 4
Views: 425

Help with budgeting worksheet

We need help with how we are tracking our budgeting Every month my wife (god bless her) tracks all of our income and expenses in an annual budget google-sheets template. She itemizes and categorizes all the expenses from our credit cards as well as all outgoing money from our checking account. Overa...
by rage_phish
Sat Jan 16, 2021 5:24 pm
Forum: Personal Finance (Not Investing)
Topic: What to do with gold coins? Help me decide.
Replies: 44
Views: 3136

Re: What to do with gold coins? Help me decide.

If this purchase won't move the needle for you (as you wrote), then I would sell it and purchase bitcoin. There's nothing wrong with allocating a small percentage of your portfolio to speculative or high-risk investments. You won't get many people from this board supporting that idea. I did just th...
by rage_phish
Sat Jan 16, 2021 2:04 am
Forum: Personal Finance (Not Investing)
Topic: CA ScholarShare529 vs Fidelity 529?
Replies: 6
Views: 537

Re: CA ScholarShare529 vs Fidelity 529?

Well shoot. Maybe I sound dumb

I thought fidelity just offered a non state sanctioned 529

Like you could have them vis any state
Or through private companies like fidelity
Guess I need to do some goofing
by rage_phish
Fri Jan 15, 2021 11:58 pm
Forum: Personal Finance (Not Investing)
Topic: CA ScholarShare529 vs Fidelity 529?
Replies: 6
Views: 537

CA ScholarShare529 vs Fidelity 529?

We have 529’s at ScholarShare in California. But I find the website annoying and un-user friendly

Is there any reason not to have 529’s at fidelity of schwab where we have accounts and I enjoy the whole Bret face and usability?
by rage_phish
Sat Jan 09, 2021 11:43 am
Forum: Personal Finance (Not Investing)
Topic: Weird Phone Conversation with Fidelity
Replies: 56
Views: 5536

Re: Weird Phone Conversation with Fidelity

If I had never done drugs or never seen someone high on drugs (which I doubt), I’d be very hesitant to make an accusation like that based solely on a phone convo
by rage_phish
Thu Jan 07, 2021 9:15 pm
Forum: Personal Finance (Not Investing)
Topic: I bond value at maturity date?
Replies: 10
Views: 781

Re: I bond value at maturity date?

Thanks folks. I understand now. They will stay in the safety deposit box

Thanks for the help!
by rage_phish
Thu Jan 07, 2021 7:41 pm
Forum: Personal Finance (Not Investing)
Topic: I bond value at maturity date?
Replies: 10
Views: 781

Re: I bond value at maturity date?

Awesome. Thank you

I had been co side ring just cashing it out now to invest. Based on what you said that seems like a fair plan?
by rage_phish
Thu Jan 07, 2021 6:59 pm
Forum: Personal Finance (Not Investing)
Topic: I bond value at maturity date?
Replies: 10
Views: 781

I bond value at maturity date?

This may be a dumb question, but how do I find out what an I bond will be valued at at its maturity date?

It was issued in 2000, and has 9 years left

I can find out today’s value but how do I find out what it will be worth if I hold it for 9 more years?
by rage_phish
Tue Jan 05, 2021 6:38 pm
Forum: Personal Investments
Topic: :UPDATED: New to the board, Looking for review/ advice/ guidance
Replies: 14
Views: 970

Re: :UPDATED: New to the board, Looking for review/ advice/ guidance

Bumping this for additional guidance now that 2 years have passed
by rage_phish
Tue Jan 05, 2021 2:09 pm
Forum: Personal Finance (Not Investing)
Topic: Got my stimulus check, how about you?
Replies: 212
Views: 15848

Re: Got my stimulus check, how about you?

Ours posted to our credit union. 600x2. Big whoop. I initially had the same thought. but, I've since decided to be very grateful that an unexpected, not-insignificant amount of money has next to zero effect on our financial well-being. Sadly, I think there are many Americans for whom this $1200 is ...
by rage_phish
Mon Jan 04, 2021 8:43 pm
Forum: Personal Finance (Not Investing)
Topic: Got my stimulus check, how about you?
Replies: 212
Views: 15848

Re: Got my stimulus check, how about you?

Ours hit on 1/1

Gonna put $1,200 into both mine and my wife’s roths
by rage_phish
Fri Jan 01, 2021 8:38 pm
Forum: Personal Finance (Not Investing)
Topic: Powerball- Mega Million Near 400M
Replies: 28
Views: 2480

Re: Powerball- Mega Million Near 400M

Thanks for the thread
Never hear how high the lottery is up to now that I’m never in an office environment
Wife and I will buy a few tickets and play the “what would we do with the money” game for a few days
by rage_phish
Sat Dec 19, 2020 1:05 pm
Forum: Personal Finance (Not Investing)
Topic: What to do with "extra" $50/ month?
Replies: 30
Views: 2499

Re: What to do with "extra" $50/ month?

Doctor Rhythm wrote: Sat Dec 19, 2020 12:32 am In another post, you said your household income was $200,000. I’m both stunned yet impressed that you can can identify an extra $50 in your budget.
Good memory. Yes household gross is just below $200k
by rage_phish
Sat Dec 19, 2020 12:51 pm
Forum: Personal Finance (Not Investing)
Topic: What to do with "extra" $50/ month?
Replies: 30
Views: 2499

Re: What to do with "extra" $50/ month?

Wife and I have our emergency fund generating $50 in interest a month. This account is fully funded at the level we like. we are trying to figure out where to allocate this $50 Your emergency fund is invested such that it throws off $50/month? What kind of investment? What is the size of your emerg...
by rage_phish
Fri Dec 18, 2020 12:23 pm
Forum: Personal Finance (Not Investing)
Topic: What to do with "extra" $50/ month?
Replies: 30
Views: 2499

Re: What to do with "extra" $50/ month?

after thinking about it more, probably easiest and make the most sense to simply increase my wife's 457b (since her paycheck is deducted just once a month for this) by the $50 and move the interest $50 monthly
by rage_phish
Fri Dec 18, 2020 11:49 am
Forum: Personal Finance (Not Investing)
Topic: What to do with "extra" $50/ month?
Replies: 30
Views: 2499

What to do with "extra" $50/ month?

Hello hive mind, I would like your opinions on the following: Wife and I have our emergency fund generating $50 in interest a month. This account is fully funded at the level we like. we are trying to figure out where to allocate this $50 we are currently maxing out both our roths (but we do not yet...
by rage_phish
Thu Dec 10, 2020 12:28 pm
Forum: Personal Finance (Not Investing)
Topic: Best Credit Card for us to add?
Replies: 14
Views: 1691

Best Credit Card for us to add?

Currently we have the costco card which we use for Costco and Gas the amazon card for amazon and whole foods And i want to add a third card for all other purchases. I'm thinking the citi double points card? looking for just simple cash back. dont really want to deal with a bunch of categories and wh...
by rage_phish
Sun Dec 06, 2020 12:22 pm
Forum: Personal Consumer Issues
Topic: How much do you spend on gifts for the holidays?
Replies: 73
Views: 4333

Re: How much do you spend on gifts for the holidays?

Income of $200k

Spend about $800-$1,000
And we celebrate Christmas and Chanukah so gifts spread across broth holidays

$100 on one member of wife’s family
$100 on one member of my family
$100 on my wife
$100 on me
Roughly $200 on two nephews
Roughly $200 on my two sons
by rage_phish
Fri Sep 11, 2020 7:42 pm
Forum: Personal Finance (Not Investing)
Topic: HM Bradley savings plan 3% APY
Replies: 134
Views: 13276

HM Bradley savings plan 3% APY

Anyone familiar with them? It seems like a good place to park our emergency fund which doesn’t get used for anything That’s why we created Savings Tiers – our way of rewarding customers with different types of saving behaviors. Each of our four Savings Tiers represents the amount a customer saves ev...
by rage_phish
Fri Sep 11, 2020 4:49 pm
Forum: Personal Finance (Not Investing)
Topic: Should we buy a $3M+ house with parental help?
Replies: 167
Views: 12237

Re: Should we buy a $3M+ house with parental help?

I’d do it
I was actually going to do something similair ($600k from my father in law to help us buy a $1.2 home)

Only reason we didn’t is shelter in place hit and we decided to just hunker down in our current home
by rage_phish
Fri Sep 11, 2020 2:02 pm
Forum: Personal Finance (Not Investing)
Topic: My LenderFi refinance is going well
Replies: 1751
Views: 162789

Re: My LenderFi refinance is going well

Question about the 6 month no refinancing/ selling aspect We just closed a few weeks ago. First Mo they payment will be October My father in law just approached us today about essentially becoming our lender. Paying off our loan and we make monthly payments to him Barring what people may think about...
by rage_phish
Thu Aug 20, 2020 9:55 am
Forum: Personal Finance (Not Investing)
Topic: My LenderFi refinance is going well
Replies: 1751
Views: 162789

Re: My LenderFi refinance is going well

Signed last night
Multiple pushbacks in the time yesterday had us sign at 10:00pm. Not ideal but glad it’s done
by rage_phish
Mon Aug 17, 2020 7:07 pm
Forum: Personal Finance (Not Investing)
Topic: Are we saving too much cash
Replies: 28
Views: 4110

Re: Are we saving too much cash

as9 wrote: Mon Aug 17, 2020 3:11 pm Some might say "can't this wait til I'm old, can't I live while I'm young?" but alas...

Looks like you're in great shape. Personally I'd put some % of the 90k EF to work. Maybe like 10-20% in VTI. We now have the back ~25% of our EF in NTSX.
YES!
by rage_phish
Mon Aug 17, 2020 2:55 pm
Forum: Personal Finance (Not Investing)
Topic: Are we saving too much cash
Replies: 28
Views: 4110

Re: Are we saving too much cash

Since this thread we have made changes to:

Max out wife’s Roth
Increase her 457 contribution to $500/ month
Increase each boys monthly 529 contribution by $100 each

This will still have us saving about $1,300 a month to cash savings
by rage_phish
Mon Aug 17, 2020 11:10 am
Forum: Personal Finance (Not Investing)
Topic: My LenderFi refinance is going well
Replies: 1751
Views: 162789

Re: My LenderFi refinance is going well

For me and others it was in the initial disclosures that came with the initial LE that had to be e-signed in order to rate lock. I’m betting most people blew past it and signed without reading it. Maybe they were blinded by the low rate. :P Went back and double checked and was not in the LE disclos...
by rage_phish
Mon Aug 17, 2020 9:46 am
Forum: Personal Finance (Not Investing)
Topic: Are we saving too much cash
Replies: 28
Views: 4110

Re: Are we saving too much cash

3.365
Waiting on notary to close at 2.75
by rage_phish
Mon Aug 17, 2020 9:22 am
Forum: Personal Finance (Not Investing)
Topic: Are we saving too much cash
Replies: 28
Views: 4110

Re: Are we saving too much cash

When we should be investing more? Ages: 36 2 kids Gross income: $193,500 Liquid cash: $115,000 (this is more than a years worth of expenses and waVanguard Target Retirement 2045 Fund (VTIVX)y more than a years worth if we stopped paying for daycare which our kids have not used for 6 months, but we ...
by rage_phish
Mon Aug 17, 2020 9:17 am
Forum: Personal Finance (Not Investing)
Topic: Are we saving too much cash
Replies: 28
Views: 4110

Re: Are we saving too much cash

As far as job security I feel pretty good about it Wife is a union government (county) employee I work for a major telecom who has handled covid exceptionally well. While I work in recruiting and we aren’t doing any hiring really, the company has been good at reassigning people to areas where help i...
by rage_phish
Mon Aug 17, 2020 9:02 am
Forum: Personal Finance (Not Investing)
Topic: Are we saving too much cash
Replies: 28
Views: 4110

Re: Are we saving too much cash

The amount of cash to hold is a personal decision. 1 year of cash is not unreasonable IMO. Consider using a portion of the cash (~ $4k) to max out (2020 limit is $6k each) both Roth IRAs. Mine was already on track to max out. Last night we lowered HYS deposits and increased wife’s Roth’s to max her...
by rage_phish
Sun Aug 16, 2020 11:40 pm
Forum: Personal Finance (Not Investing)
Topic: Are we saving too much cash
Replies: 28
Views: 4110

Re: Are we saving too much cash

$425k mortgage. Home value $700k
by rage_phish
Sun Aug 16, 2020 11:31 pm
Forum: Personal Finance (Not Investing)
Topic: Are we saving too much cash
Replies: 28
Views: 4110

Are we saving too much cash

When we should be investing more? Ages: 36 2 kids Gross income: $193,500 Liquid cash: $115,000 (this is more than a years worth of expenses and way more than a years worth if we stopped paying for daycare which our kids have not used for 6 months, but we have started paying for again in July to rese...
by rage_phish
Tue Aug 11, 2020 2:51 pm
Forum: Personal Finance (Not Investing)
Topic: Chase Amazon Prime Card--4% back
Replies: 76
Views: 7890

Re: Chase Amazon Prime Card--4% back

We got the 4%

Thanks to this thread!

My wife didn’t bother opening the email because she assumed it was some spammy offer