Search found 1099 matches

by DonIce
Thu Jun 18, 2020 11:15 pm
Forum: Personal Finance (Not Investing)
Topic: Reasonable price for one time house cleaning prior to listing for sale
Replies: 23
Views: 1741

Re: Reasonable price for one time house cleaning prior to listing for sale

Regarding my time, I probably won't be doing this cleaning myself as I'm working 60+ hour weeks at present and the last thing I want to be doing in my free time is cleaning. So I'll definitely hire cleaners to do it. That said, based on the advice here it sounds like the consensus is that ~$1000 is ...
by DonIce
Thu Jun 18, 2020 11:11 pm
Forum: Personal Investments
Topic: Susie Orman Says You are Crazy to be Investing in Bonds
Replies: 173
Views: 17345

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

I tend to agree that bonds seem particularly unappealing at the present point in time. Bonds are a bit simpler than stocks to understand. The current yield IS the expected return. Sure, rates could go up and bond prices could fall, or they could go down and bond prices could rise, but they are just ...
by DonIce
Thu Jun 18, 2020 11:03 pm
Forum: Investing - Theory, News & General
Topic: Google... [Why is Google not appreciating like other tech growth stocks?]
Replies: 54
Views: 4370

Re: Google... [Why is Google not appreciating like other tech growth stocks?]

I've been underwhelmed by google in recent years. Google makes piles of money, hires some of the world's top talent and pays among the highest rates, and yet, what new succesful products have they actually released in the last 3-5 years? The google core services continue to be search, email, maps, e...
by DonIce
Wed Jun 17, 2020 8:12 pm
Forum: Personal Finance (Not Investing)
Topic: Reasonable price for one time house cleaning prior to listing for sale
Replies: 23
Views: 1741

Re: Reasonable price for one time house cleaning prior to listing for sale

I don't know if it's reasonable, but I can give you a data point. 2 or 3 years ago I paid $450 to clean a 1200 sq ft home in San Diego. This was a cleaning company and was their 'move out' service intended for people leaving a rental apartment or home. Or selling a home I suppose. The house was emp...
by DonIce
Wed Jun 17, 2020 8:10 pm
Forum: Personal Finance (Not Investing)
Topic: Reasonable price for one time house cleaning prior to listing for sale
Replies: 23
Views: 1741

Re: Reasonable price for one time house cleaning prior to listing for sale

How many hours of labor is included for $1,000? N my HCOL area, housecleaning labor runs about $35/hour. What work does the quote include aside from cleaning every surface? - cleaning all windows? - steam cleaning carpets? - duct cleaning? - cleaning interior of refrigerator(s) and oven(s)? - clean...
by DonIce
Wed Jun 17, 2020 8:07 pm
Forum: Personal Finance (Not Investing)
Topic: Reasonable price for one time house cleaning prior to listing for sale
Replies: 23
Views: 1741

Re: Reasonable price for one time house cleaning prior to listing for sale

What do you want them to do? And did they walk the house to give you the quote or did they estimate based on square footage? Spot cleaning carpet, move furniture, dust blinds, washing windows inside and out, cleaning vents, cleaning grout. It all adds up especially if the house was a rental or wasn...
by DonIce
Wed Jun 17, 2020 7:42 pm
Forum: Personal Finance (Not Investing)
Topic: Reasonable price for one time house cleaning prior to listing for sale
Replies: 23
Views: 1741

Reasonable price for one time house cleaning prior to listing for sale

Listing my house in the Seattle area for sale soon. It is about 1000 sq ft. Any idea what is a reasonable price for a one time thorough home cleaning service so that it looks pristine while listed for sale? I've gotten some quotes that are around $1000. It seems very high to me but maybe that is jus...
by DonIce
Sat Jun 13, 2020 1:40 am
Forum: Personal Finance (Not Investing)
Topic: $120,000 in credit card debt
Replies: 72
Views: 9627

Re: $120,000 in credit card debt

Yes definitely pay it off...
by DonIce
Wed Jun 10, 2020 2:40 am
Forum: Investing - Theory, News & General
Topic: Paul Tudor: Compelling case for bitcoin ?
Replies: 229
Views: 11921

Re: Paul Tudor: Compelling case for bitcoin ?

The argument to buy Bitcoin is like he argument to buy Pets.com in 1999, because the internet is amazing and it's going to be the future. Pets.com went bankrupt in 2000 along with many of the dot com companies. The idea of the internet lived on and succeeded, but many of today's tech winners didn't...
by DonIce
Wed Jun 10, 2020 2:30 am
Forum: Investing - Theory, News & General
Topic: In which type of account should I do my active trading?
Replies: 22
Views: 1553

Re: In which type of account should I do my active trading?

Do it in taxable. If you screw up in taxable, you're out the money that you lost. If you do it in a Roth account, you lose the money AND the Roth space forever. Furthermore active trading often has various restrictions in tax-advantaged accounts. For example, margin requirements and futures collater...
by DonIce
Wed Jun 10, 2020 12:27 am
Forum: Investing - Theory, News & General
Topic: New Tulip Mania?
Replies: 31
Views: 4855

Re: New Tulip Mania?

I think Nikola Motors is going to be successful with a lot of their ventures. I understand the hype; it’s pretty standard for new companies like that. Retail trader hype, etc. Their products and technology are unique and I personally see fuel cells as the future, even more than EVs. I’m not buying ...
by DonIce
Tue Jun 09, 2020 11:44 pm
Forum: Investing - Theory, News & General
Topic: New Tulip Mania?
Replies: 31
Views: 4855

Re: New Tulip Mania?

I think Nikola Motors is going to be successful with a lot of their ventures. I understand the hype; it’s pretty standard for new companies like that. Retail trader hype, etc. Their products and technology are unique and I personally see fuel cells as the future, even more than EVs. I’m not buying ...
by DonIce
Tue Jun 09, 2020 11:51 am
Forum: Investing - Theory, News & General
Topic: You have a second chance to reduce your stock holdIng
Replies: 112
Views: 12832

Re: You have a second chance to reduce your stock holdIng

Not being a wizard, I don't know the facts about a common statement that everyone should prepare for the market to go down 50%. When and how often has that occurred? I'm only aware of the Great Depression drop of more than 90% over four years and the 2008 drop of approximately 50%. Tim Was also pre...
by DonIce
Tue Jun 09, 2020 2:37 am
Forum: Investing - Theory, News & General
Topic: You have a second chance to reduce your stock holdIng
Replies: 112
Views: 12832

Re: You have a second chance to reduce your stock holdIng

Do you remember how confident you were in January and February that you could ride with your allocation? And do you remember how worried you were in March, April, and May that the stock market would sink and stay at a low level for months or years? No, don't remember that. In March and April I was ...
by DonIce
Sat Jun 06, 2020 1:14 am
Forum: Investing - Theory, News & General
Topic: Anybody do any GOOD timing the market?
Replies: 123
Views: 7932

Re: Anybody do any GOOD timing the market?

I went from ~70/30 to ~95/5 on the way down in March, and that has paid off nicely so far. Do you plan to rebalance? I was kind of on the lookout for a nice opportunity to increase my equity allocation % and the dip provided it. Probably will let the allocation drift back to 70ish as the S&P500 ris...
by DonIce
Fri Jun 05, 2020 2:20 am
Forum: Investing - Theory, News & General
Topic: Anybody do any GOOD timing the market?
Replies: 123
Views: 7932

Re: Anybody do any GOOD timing the market?

I went from ~70/30 to ~95/5 on the way down in March, and that has paid off nicely so far.
by DonIce
Sat May 30, 2020 12:04 pm
Forum: Personal Investments
Topic: commodities
Replies: 9
Views: 762

Re: commodities

prk wrote:
Sat May 30, 2020 11:22 am
commodities were very much touted as great diversifiers with long tern returns on par with SP500
Something being "touted" is far from making it true.

CCFs have an expected real return of ZERO. And in practice, it is usually even worse than that because of contango.
by DonIce
Sat May 30, 2020 1:34 am
Forum: Investing - Theory, News & General
Topic: Why is the stock market up? [thread multi-merge]
Replies: 315
Views: 17375

Re: 40m Unemployment Claims - I Don’t Understand Why Markets Seem To Not Care

A lot of people in my state were posting on facebook that they weren't getting their unemployment benefits, for quite a long time. But seemingly about 2 weeks ago it sounds like they all started getting them. Stocks are rising because of the implicit backstop by the fed. Without them saying so direc...
by DonIce
Fri May 29, 2020 11:36 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 19303
Views: 2679238

Re: U.S. stocks in free fall

If one sold out of the S&P500 when Greenspan gave his famous irrational exuberance speech in Dec 1996 and waited for the "obvious" bubble to burst with a plan to buy back in at equities' current price point at that time (let alone a much lower price), they would have never re-entered the equities m...
by DonIce
Fri May 29, 2020 4:04 am
Forum: Personal Finance (Not Investing)
Topic: Career advice for science PhD student
Replies: 78
Views: 6218

Re: Career advice for science PhD student

Ugh what a gross thread. Just figure out what you love to do, and then do it. My personal strengths are in understanding and applying the concepts of others' research to my own project and communicating these ideas in clear and concise writing/presentations. I can also manage projects and be very de...
by DonIce
Thu May 28, 2020 10:53 am
Forum: Investing - Theory, News & General
Topic: Goldman-Sachs Compares Bitcoin to the Tulip Bubble
Replies: 58
Views: 3869

Re: Goldman-Sachs Compares Bitcoin to the Tulip Bubble

Phineas J. Whoopee wrote:
Wed May 27, 2020 8:35 pm
It appears the alleged extreme tulip bubble was a slanderous story made up after the fact by domestic moralists.
PJW
As the story itself admits, the tulip bubble happened, it just may have been exaggerated in terms of how many people in society were really involved in it.
by DonIce
Thu May 28, 2020 12:47 am
Forum: Personal Finance (Not Investing)
Topic: Avoiding keeping-up-with-the-joneses w.r.t. private schools
Replies: 320
Views: 18229

Re: Avoiding keeping-up-with-the-joneses w.r.t. private schools

How many of the people in this thread can clearly recall the memories of their own time in public school when they were kids? A lot of the discussion here seems very theoretical, as if schools are some abstract thing that one can only read about. The world may have changed since people here were in ...
by DonIce
Wed May 27, 2020 1:42 am
Forum: Investing - Theory, News & General
Topic: "The stocks are up but the economy's down"--good "Indicator" podcast episode
Replies: 20
Views: 2893

Re: "The stocks are up but the economy's down"--good "Indicator" podcast episode

For example, about two thirds of the US economy's production is consumed domestically. I may or may not be a typical producer and consumer, but nobody, except potentially a spouse, can buy stock in me. Off topic but I've always thought it's odd that you can't invest in people. I'm sure a lot of peo...
by DonIce
Sun May 24, 2020 1:27 am
Forum: Investing - Theory, News & General
Topic: Which investor is bullish?
Replies: 14
Views: 1471

Re: Which investor is bullish?

I think Buffett is always bullish on the US economy..... he doesn’t try to predict near term stuff, but long term he always says bet on America, or something like that. How many folks here think the S&P will be lower ten years from now than it is today? Or think US GDP will be less than it is today...
by DonIce
Sat May 23, 2020 10:51 pm
Forum: Personal Finance (Not Investing)
Topic: What do people spend money on?
Replies: 52
Views: 5226

Re: What do people spend money on?

Also, I know that if my parents gave me millions of dollars when I was starting out, I would be in a much more personally and socially rewarding career than I am now. And probably spending much less time on Bogleheads. You might be. But my guess is most people handed millions before entering the wo...
by DonIce
Sat May 23, 2020 10:48 pm
Forum: Personal Finance (Not Investing)
Topic: Approaching 40, worried about financial future
Replies: 121
Views: 12606

Re: Approaching 40, worried about financial future

The great majority of people retire with FAR less than $1 million. Yet somehow they do. This forum is great, but it's a super affluent bubble that can make an average Joe feel inferior in a hurry. Don't let it. Heh, even in saying this, the super affluent bubble is reinforced. The OP makes $83k, wh...
by DonIce
Sat May 23, 2020 10:30 pm
Forum: Personal Finance (Not Investing)
Topic: What do people spend money on?
Replies: 52
Views: 5226

Re: What do people spend money on?

Spend money to buy time. Are there any tasks you have to do that you don't enjoy doing? Cleaning the house? Keeping up the yard? Etc? Hire someone to do them for you.
by DonIce
Sat May 23, 2020 10:23 pm
Forum: Personal Finance (Not Investing)
Topic: Advice Needed regarding debt - Update - see below
Replies: 42
Views: 3418

Re: Advice Needed regarding debt

Seems like a person that can't handle budgeting/finances and especially not credit cards. Unless there are extenuating circumstances we don't know about. Like perhaps she put her life on hold and maxed out her loans to help her mom near the end or something? Anyway, as others have said, if this is j...
by DonIce
Sat May 23, 2020 4:17 pm
Forum: Personal Finance (Not Investing)
Topic: How often do you change passwords on your investment accounts?
Replies: 42
Views: 2836

Re: How often do you change passwords on your investment accounts?

Why would I change from "password123"? It's a timeless classic.
by DonIce
Fri May 22, 2020 2:54 am
Forum: Personal Investments
Topic: Chasing Individual Stocks
Replies: 60
Views: 3843

Re: Chasing Individual Stocks

What I've seen is that the good gets tossed with the bathwater in the indiscriminate wave of panic but eventually the good stocks rebound - this could be the golden opportunity if you know where to look. Of course. A big chunk of stocks are held through broad market ETFs/MFs. So when people cash ou...
by DonIce
Fri May 22, 2020 2:47 am
Forum: Personal Investments
Topic: Chasing Individual Stocks
Replies: 60
Views: 3843

Re: Chasing Individual Stocks

Rosencrantz1 wrote:
Thu May 21, 2020 9:24 pm
Yeah, that's gutsy. I can't imagine putting $100K into ONE stock. I've heard that old saying ... no guts, no glory...
Anyone who's got ~$2M in TSM/S&P500 (which seemingly is most bogleheads) has $100k or more in MSFT and in AAPL.
by DonIce
Fri May 22, 2020 2:43 am
Forum: Investing - Theory, News & General
Topic: Who's right about the future? Stock or Bond market?
Replies: 50
Views: 4655

Re: Who's right about the future? Stock or Bond market?

Stocks have re-traced over 60+% of their losses in this bear market. Stocks rose almost as quickly as the sudden drastic decline itself. Equity markets are a forward discounting mechanism and it seems to be telling us that in 6 - 12 months both the equity market and the economy are going to be much...
by DonIce
Thu May 21, 2020 1:58 am
Forum: Investing - Theory, News & General
Topic: Efficiency or resiliency in investing, business, personal finance, etc.
Replies: 83
Views: 3678

Re: Efficiency or resiliency in investing, business, personal finance, etc.

The recent downturn has made it clear that many consumers, small businesses, and even large corporations were set up to be efficient and not resilient. I've heard of many stories of landlords, for instance, who are at risk of foreclosure if they miss a couple of months of rent on their properties. ...
by DonIce
Thu May 21, 2020 1:47 am
Forum: Personal Investments
Topic: What single individual stock would you buy?
Replies: 133
Views: 10305

Re: What single individual stock would you buy?

I hold the following individual stocks:

AMZN
O
UBER
My last employer (small startup)
My current employer (private company)
by DonIce
Thu May 21, 2020 1:15 am
Forum: Investing - Theory, News & General
Topic: NYT: "Vintage year" effect of graduating into a recession
Replies: 20
Views: 2017

Re: NYT: "Vintage year" effect of graduating into a recession

I can't imagine how difficult that would be in today's world. People that want to get stuff done and get ahead will still come in in person. People who want to coast will work from home. Companies will quickly realize that 90% of the work is done by 10% of the people, which is harder to realize whe...
by DonIce
Tue May 19, 2020 2:52 am
Forum: Personal Investments
Topic: Do prices matter for a long term investor?
Replies: 13
Views: 1462

Re: Do prices matter for a long term investor?

Relatively speaking it can look like stocks/bonds are priced "high" or "low" at certain times. Does it even matter though? Is there ever a case to not just blindly buy stocks/bonds in accordance to one's allocation? Some purists here will tell you that markets are "efficient", and that therefore th...
by DonIce
Thu May 14, 2020 6:11 pm
Forum: Investing - Theory, News & General
Topic: If “cost” is the #1 reason Active managers lose, why not use Vanguard’s low-cost active funds?
Replies: 61
Views: 3804

Re: If “cost” is the #1 reason Active managers lose, why not use Vanguard’s low-cost active funds?

Ok, so I think I found an active fund that outperforms and it seem as they did not mess up by charging too much. I chose it in my 401k plan based on past performance when I just started investing and was really dumb (around 2013). Yet every time I consider moving away I check the performance (after...
by DonIce
Thu May 14, 2020 6:03 pm
Forum: Personal Investments
Topic: **AMAZED** Just venting
Replies: 16
Views: 2483

Re: **AMAZED** Just venting

260chrisb wrote:
Thu May 14, 2020 6:01 pm
My guess is there are about 50 Million people who would love to have just 250K saved. That's amazing wealth! Well done.
Indeed. More like 7 billion people who would love to have $250k saved up.
by DonIce
Thu May 14, 2020 1:11 pm
Forum: Personal Finance (Not Investing)
Topic: Should you include home equity in Net Worth?
Replies: 160
Views: 7914

Re: Should you include home equity in Net Worth?

Aka, they are "House Poor". If they do not count the house, they have close to nothing. They bought too much house. Except for accountants and financial people, normal people do not count and care about their house price unless they are "House Poor". KlangFool Dude, stop trolling. First, if your ho...
by DonIce
Thu May 14, 2020 12:58 pm
Forum: Personal Finance (Not Investing)
Topic: Should you include home equity in Net Worth?
Replies: 160
Views: 7914

Re: Should you include home equity in Net Worth?

snackdog wrote:
Thu May 14, 2020 11:44 am
Net worth should be all the cash you could muster in, say, six months to pay off a kidnapper. House counts.
Someone that is reasonably well off could muster a lot more cash than their net worth through the use of various kinds of credit.
by DonIce
Thu May 14, 2020 12:52 pm
Forum: Personal Finance (Not Investing)
Topic: Compensation negotiation strategy (rocket ship tech)
Replies: 46
Views: 6613

Re: Compensation negotiation strategy (rocket ship tech)

One year update to this thread. Today marks 18 months since I joined my company, and in that time something completely unexpected has happened - my high beta unprofitable tech company turned out to be negatively correlated to the biggest economic downturn since the Great Depression! Stock is up 50%...
by DonIce
Thu May 14, 2020 2:45 am
Forum: Personal Investments
Topic: Why no love for REITs?
Replies: 108
Views: 10203

Re: Why no love for REITs?

I hold about 5% of my portfolio in NETL.
by DonIce
Thu May 14, 2020 2:17 am
Forum: Investing - Theory, News & General
Topic: WisdomTree 90/60 U.S. Balanced Fund [NTSX]
Replies: 314
Views: 26361

Re: WisdomTree 90/60 U.S. Balanced Fund [NTSX]

One would absolutely expect PSLDX to outperform NTSX: 1. 100/100 is more than 90/60 2. Long term bonds are expected to yield more than intermediate term bonds More is not always better. For example a 500/500 fund would very likely blow up within a few years. It's far from clear what amount of lever...
by DonIce
Thu May 14, 2020 1:57 am
Forum: Personal Investments
Topic: Why international?
Replies: 636
Views: 42093

Re: Why international?

Canadian investors overweight Canada by 7-15x. Canada is ~3% of the world stock market, but Canadian investors hold ~20-40% of their equities in Canadian stocks. British investors overweight the UK by ~10x. The UK is ~5% of world stock market cap, but British investors hold ~50% of their equities in...
by DonIce
Wed May 13, 2020 11:09 am
Forum: Investing - Theory, News & General
Topic: Is Warren Buffett's investing approach outdated?
Replies: 16
Views: 1461

Re: Is Warren Buffett's investing approach outdated?

This. WB is no longer motivated to win the game. He has already won many times when it mattered, now it's all about preservation and a realization that beating the market is no longer relevant to him. You can see the parallel with Bill Gates, who is no longer in business, was driven like crazy at o...
by DonIce
Wed May 13, 2020 2:25 am
Forum: Investing - Theory, News & General
Topic: Paul Tudor: Compelling case for bitcoin ?
Replies: 229
Views: 11921

Re: Paul Tudor: Compelling case for bitcoin ?

1% is quite a small amount, but increasing it to around 3% is already definitely not investment noise if you view it as a hedge against a remote but catastrophic event. No reasonable bitcoin investor think it's a "sure thing." The idea is that in a disastrous scenario, bitcoin will spike by 10x whi...
by DonIce
Wed May 13, 2020 2:03 am
Forum: Personal Finance (Not Investing)
Topic: Turning 30. Living 30s without regrets
Replies: 87
Views: 9764

Re: Turning 30. Living 30s without regrets

It's about the journey, not the destination. As to specifics: I want to get to a principal engineer designation Don't know how it is at your company, but usually principal engineer is someone who follows the pure technical / individual contributor track to essentially as far as it goes. This is fine...
by DonIce
Wed May 13, 2020 1:49 am
Forum: Investing - Theory, News & General
Topic: Why is total market weighted index best?
Replies: 61
Views: 4419

Re: Why is total market weighted index best?

thanks for the replies. To take it a step further. There is a negligible difference between total market index and s&p 500. Thus the bottom 4500 (or whatever the real number is) are essentially irrelevant. By extension, it is better to own the top 10-15 companies vs the bottom 4500. Taking it down ...
by DonIce
Wed May 13, 2020 1:45 am
Forum: Investing - Theory, News & General
Topic: Experts say now is not the time to buy into index fund
Replies: 38
Views: 4606

Re: Experts say now is not the time to buy into index fund

so there are experts who suggest we put money into specific companies that people can't live without during this crisis. When it comes to investing, there are no experts. The amount of knowledge needed to outperform the majority of so-called experts can be acquired in a few hours on the bogleheads ...
by DonIce
Wed May 13, 2020 1:36 am
Forum: Investing - Theory, News & General
Topic: Why is total market weighted index best?
Replies: 61
Views: 4419

Re: Why is total market weighted index best?

While I totally buy into indexing, and generally buy into market weighting, what is the positive / theoretical reason why market weighting is the best choice, in terms of risk adjusted equity returns (let's stick with domestic for this argument) I understand the counter positive arguments - why not...