Search found 91 matches

by CommitmentDevice
Tue Jun 02, 2020 3:27 pm
Forum: Personal Consumer Issues
Topic: Home Defense against the Horde
Replies: 38
Views: 2305

Re: Home Defense against the Horde

I'd shut the chainsaw off long enough to get them the water. Then...... (I have a bucket loader. While not as efficient as a backhoe, digging a big hole and filling it in would be just time and diesel fuel) Braggadocio around chopping someone up with a chainsaw and burying them with your bucket loa...
by CommitmentDevice
Tue Jun 02, 2020 3:17 pm
Forum: Personal Consumer Issues
Topic: Home Defense against the Horde
Replies: 38
Views: 2305

Re: Home Defense against the Horde

I have mixed feelings on this: I can empathize with wanting to keep you, your family and your stuff safe. If there were riots and looting near my home right now, I'd probably make sure I knew where my baseball bat was for security and I'd perhaps leave town for a few days. I'd definitely make sure I...
by CommitmentDevice
Thu May 21, 2020 5:21 pm
Forum: Personal Consumer Issues
Topic: Can I afford to buy an expensive guitar?
Replies: 34
Views: 1424

Re: Can I afford to buy an expensive guitar?

My spouse proposed an alternative goal... "if you connect with a bunch of musicians in our new town and end up playing a lot, then it'll be time for getting a great guitar."
by CommitmentDevice
Thu May 21, 2020 4:51 pm
Forum: Personal Consumer Issues
Topic: Can I afford to buy an expensive guitar?
Replies: 34
Views: 1424

Re: Can I afford to buy an expensive guitar?

Thanks all for your great feedback! You've helped me clarify that I am not going to purchase a high-end guitar at this point. We've had a lot of school and a few nonprofit jobs, and we're only now beginning to make good money. Adding in that we're about to move to a lower cost of living location, an...
by CommitmentDevice
Thu May 21, 2020 12:18 pm
Forum: Personal Consumer Issues
Topic: Can I afford to buy an expensive guitar?
Replies: 34
Views: 1424

Can I afford to buy an expensive guitar?

Hi Bogleheads! I'm trying to decide whether or not to buy a high-end acoustic guitar. I have my eye on a Taylor 814ce being sold locally used for $2,900, which is in the ballpark of what I'm looking for. PROS I love playing guitar and I'd have an awesome guitar to play. Used high-end guitars seem to...
by CommitmentDevice
Wed Apr 29, 2020 10:54 pm
Forum: Personal Finance (Not Investing)
Topic: Will / Trust Question- Home Sale Issue. I need help.
Replies: 31
Views: 1372

Re: Will / Trust Question- Home Sale Issue. I need help.

Even if your aunt and mom were honest with the house proceeds, the amount to inherit in 20 or 30 years from now (half of $900K) will be worth a lot less than that much today. In a way, it makes sense to get a ‘sure’ $200K or more today instead so you can invest it however you want, with no strings ...
by CommitmentDevice
Wed Apr 29, 2020 4:46 pm
Forum: Personal Finance (Not Investing)
Topic: Will / Trust Question- Home Sale Issue. I need help.
Replies: 31
Views: 1372

Re: Will / Trust Question- Home Sale Issue. I need help.

If they question your thinking, just send them to this forum thread. :twisted:
by CommitmentDevice
Mon Apr 27, 2020 12:42 pm
Forum: Investing - Theory, News & General
Topic: What's Behind the Long-term Decline in Interest Rates?
Replies: 41
Views: 2951

Re: What's Behind the Long-term Decline in Interest Rates?

The Bank of England probably understands this better than I do, but... Is it correct to think of interest rates as the low-risk return on capital before inflation has been subtracted? If so, I could see the the following factors reducing interest rates: Better monetary policy reducing inflation --> ...
by CommitmentDevice
Tue Apr 21, 2020 3:59 pm
Forum: Personal Finance (Not Investing)
Topic: Are we spending too much on a house? 28yo & 24yo
Replies: 89
Views: 6321

Re: Are we spending too much on a house? 28yo & 24yo

FWIW, I wouldn't purchase a house with someone to whom I wasn't legally married. It is a level of economic commitment out of sync with the level of legal / social commitment. This would be even more the case if I were putting down most of the down payment. It looks like your income and net worth are...
by CommitmentDevice
Tue Apr 14, 2020 9:29 am
Forum: Personal Finance (Not Investing)
Topic: Delay mortgage payments under CARES Act
Replies: 73
Views: 4965

Re: Delay mortgage payments under CARES Act

I rent and have the option to delay payments up to a year. I ultimately decided to continue with payments as usual. Here is why:
  • I don't need the extra cash right now
  • I don't want the additional hassle
  • I feel an ethical tug to meet economic commitments when reasonable, especially in this economy
by CommitmentDevice
Mon Apr 06, 2020 11:07 am
Forum: Investing - Theory, News & General
Topic: Gaming the capital gains loss deduction?
Replies: 11
Views: 1013

Re: Gaming the capital gains loss deduction?

THANK YOU for your thoughtful notes. It is now clear to me that executing this strategy would be a fools errand. ...complex, legally dubious, and requiring the use of investment products that I wouldn't want to own. ...It was fun kicking around the idea for a few, though. Many thanks!
by CommitmentDevice
Sun Apr 05, 2020 9:06 pm
Forum: Investing - Theory, News & General
Topic: Gaming the capital gains loss deduction?
Replies: 11
Views: 1013

Gaming the capital gains loss deduction?

Indulge me in a thought experiment:
  • Imagine an investment equivalent to buying both sides of a coin toss
  • I place a $3,000 bet on heads and a $3,000 bet on tails
  • However the coin lands, I sell the loss and hold the gain
  • Resultant $3000 lower taxable income
Is this a thing?
by CommitmentDevice
Wed Apr 01, 2020 7:56 pm
Forum: Personal Investments
Topic: Betterment Portfolio Help
Replies: 9
Views: 556

Re: Betterment Portfolio Help

I was with Betterment for a number of years. For a total newbie investor they were great. They gave me a good portfolio, low fees, and an easy to understand interface. I ultimately moved from Betterment to Schwab because: I could compose a nearly identical portfolio using only a few funds. This is w...
by CommitmentDevice
Wed Mar 25, 2020 12:47 pm
Forum: Personal Finance (Not Investing)
Topic: Housing Market Response in this environment?
Replies: 57
Views: 7502

Re: Housing Market Response in this environment?

Very relevant literature review from Zillow on the impact of past pandemics on the housing market.
Information From Past Pandemics, And What We Can Learn: A Literature Review
https://www.zillow.com/research/pandemi ... iew-26643/
by CommitmentDevice
Wed Mar 25, 2020 12:44 pm
Forum: Investing - Theory, News & General
Topic: "The market portfolio is the most sensible decision"
Replies: 26
Views: 3210

Re: "The market portfolio is the most sensible decision"

I agree that the market portfolio is the most sensible decision, in that: Nobody knows what portfolio is going to do best I am persuaded by the arguments that the market portfolio has the highest chance of doing best However, I don't put much weight in the fact that the market portfolio happened to ...
by CommitmentDevice
Mon Mar 23, 2020 2:17 pm
Forum: Personal Finance (Not Investing)
Topic: Housing Market Response in this environment?
Replies: 57
Views: 7502

Re: Housing Market Response in this environment?

My prediction is that housing prices are going to drop 25%-35% in the next 12mo. A big chunk of the economy is or soon will be on ice due to Covid-19. That means a big uptick in unemployment, which will result in: More inventory due to foreclosures Lower demand due to fewer people having a paycheck ...
by CommitmentDevice
Fri Jan 17, 2020 11:11 pm
Forum: Investing - Theory, News & General
Topic: BlackRock's New Position on Climate Change
Replies: 18
Views: 1345

Re: BlackRock's New Position on Climate Change

BlackRock believes markets are under appreciating risks associated with climate change. My wife, a researcher who closely follows the science, tells me the same thing.
...this is one of the reasons why I’m happy with my ESG 3-Fund portfolio. (viewtopic.php?t=291868)
by CommitmentDevice
Fri Jan 03, 2020 6:39 pm
Forum: Personal Finance (Not Investing)
Topic: Ditch Wealthfront?
Replies: 13
Views: 1900

Re: Ditch Wealthfront?

Personally, I would transfer the funds.
by CommitmentDevice
Wed Jan 01, 2020 1:12 pm
Forum: US Chapters
Topic: Post your Financial Milestone Announcements Here
Replies: 1549
Views: 204842

Re: Post your Financial Milestone Announcements Here

I joined Bogleheads in April 2019. Drawing from the wisdom of this community over the past eight months, I've: Read The Bogleheads' Guide to Investing, The Bogleheads' Guide to the Three-Fund Portfolio, The Bogleheads' Guide to Retirement, , The Millionaire Next Door, Smart and Simple Financial Stra...
by CommitmentDevice
Wed Jan 01, 2020 12:59 pm
Forum: Personal Investments
Topic: Help me create a 3-Fund ESG Portfolio
Replies: 11
Views: 2015

Re: Help me create a 3-Fund ESG Portfolio

My daughter and I revamped her portfolio yesterday to a two fund ESG for equity across taxable and Roth IRA. She desired simplification, ability to continue to make purchases with no fee or commission, index ETF's with low ER, no over-weighting of US with all cap all country and ESG if possible. Th...
by CommitmentDevice
Tue Dec 31, 2019 3:51 pm
Forum: Personal Consumer Issues
Topic: Recommended physical fitness websites/books/apps?
Replies: 83
Views: 6822

Re: Recommended physical fitness websites/books/apps?

THANK YOU for the fantastic advice! :sharebeer I decided to start with Starting Strength by Mark Rippetoe and Body by Science by Doug McGuff . They look like they'll get me a solid foundation in terms of knowledge and routine. After I've read them, I'll put down the money for a personal trainer to m...
by CommitmentDevice
Fri Dec 27, 2019 8:44 pm
Forum: Personal Consumer Issues
Topic: Recommended physical fitness websites/books/apps?
Replies: 83
Views: 6822

Recommended physical fitness websites/books/apps?

I want to improve my physical fitness and am looking for website/book/app recommendations. I'm basically looking to find the Bogleheads of physical fitness... simple advice rooted in best practices rather than trying to sell me things. I have access to a small gym with basic equipment (weights/cardi...
by CommitmentDevice
Thu Dec 12, 2019 12:19 pm
Forum: Personal Consumer Issues
Topic: Which iPhone would you buy today?
Replies: 102
Views: 7601

Re: Which iPhone would you buy today?

I bough a new SE on eBay last month for $130. Flat rate (no bidding). Seller had a ton of them. I use it with a Verizon pre-paid plan that comes out to $35/mo For my line after a second line discount. I love it because it kind of sucks. I spend too much time on my phone anyway, and having a smaller ...
by CommitmentDevice
Mon Dec 02, 2019 10:41 pm
Forum: Personal Investments
Topic: Roth IRA help
Replies: 21
Views: 997

Re: Roth IRA help

Hi RNMedic, Welcome to the forum! * Much of the advice you'll get here is excellent. Some of it isn't. So you'll need to sort through things a bit. * Please be patient with us. We're offering advice based upon very little information. We'll try to communicate clearly what information we need from yo...
by CommitmentDevice
Fri Nov 15, 2019 12:40 pm
Forum: Personal Consumer Issues
Topic: Productizing an idea
Replies: 28
Views: 1834

Re: Productizing an idea

Here is the dominant narrative in the entrepreneurial circles I run in: Your current idea is wrong. You probably have an insight into a customer and his/her problem, and maybe some good ideas for how to solve it. However, it'll take a lot of hard work (aka learning via iterative experimentation) to ...
by CommitmentDevice
Fri Oct 18, 2019 3:15 pm
Forum: Personal Investments
Topic: Help me create a 3-Fund ESG Portfolio
Replies: 11
Views: 2015

Re: Help me create a 3-Fund ESG Portfolio

I wanted to give an update on my question to build a 3-fund ESG portfolio. My goal is to build a portfolio that achieves near market returns while significantly reducing the chances that I'm earning money from activities that I believe hurt people. I've decided to go with this portfolio: ESGV instea...
by CommitmentDevice
Mon Oct 07, 2019 10:53 am
Forum: Personal Investments
Topic: Help me create a 3-Fund ESG Portfolio
Replies: 11
Views: 2015

Re: Help me create a 3-Fund ESG Portfolio

I really valued you post. Thank you. I would say personally that the possible benefits of ESG should be regarded as threefold. First, although I do it, it still sticks in my craw to make money from Altria (Philip Morris), given that my mom smoked three packs of Marlboros a day and died at age 63 of ...
by CommitmentDevice
Fri Oct 04, 2019 1:02 pm
Forum: Personal Investments
Topic: Help me create a 3-Fund ESG Portfolio
Replies: 11
Views: 2015

Re: Help me create a 3-Fund ESG Portfolio

I use non-ESG index funds and donate to good causes. I suspect that ESG might give a non-representative sampling of the market. Hi Tyler - I get that strategy and respect it. It just isn't for me. I could get into why but want to keep this thread focused on which funds to include in a 3-Fund ESG po...
by CommitmentDevice
Fri Oct 04, 2019 12:32 pm
Forum: Personal Investments
Topic: Help me create a 3-Fund ESG Portfolio
Replies: 11
Views: 2015

Help me create a 3-Fund ESG Portfolio

Greetings Bogleheads! I'm looking to adopt a 3-fund ESG portfolio and would welcome any advice on fund selection. Thanks in advance for your help! I'm in my late 30s. All of my retirement is in a Roth IRA with Schwab. The funds I'm looking at are: Vanguard ESG U.S. Stock (ETF), ESGV, .12% Vanguard E...
by CommitmentDevice
Wed Aug 14, 2019 10:57 am
Forum: Personal Finance (Not Investing)
Topic: Order of Paying Off Student Loans
Replies: 6
Views: 512

Re: Order of Paying Off Student Loans

Also, it is worth looking into refinancing. There are +/- to pay attention to, and your ability to quality will depend upon credit score, etc., but you might be able to get a lower rate.
by CommitmentDevice
Wed Aug 14, 2019 10:54 am
Forum: Personal Finance (Not Investing)
Topic: Order of Paying Off Student Loans
Replies: 6
Views: 512

Re: Order of Paying Off Student Loans

I agree with the previous poster - pay the highest interest loans first. If by deferment, you mean not accruing interest, then consider those as 0% interest during the deferment period.
by CommitmentDevice
Sun Aug 04, 2019 7:19 pm
Forum: Personal Finance (Not Investing)
Topic: Is our spending crazy?
Replies: 136
Views: 12703

Re: Is our spending crazy?

You are living within your means. Beyond that, “reasonableness” is a judgement call. I lived with a host family in Guatemala and my host father found my use of Gillette razors unreasonable. And for his income of a few dollars a day, he was right. That taught me that every level of spending is reason...
by CommitmentDevice
Sat Jul 06, 2019 5:29 pm
Forum: Personal Investments
Topic: Anyone here investing in Prison REITs?
Replies: 30
Views: 3204

Re: Anyone here investing in Prison REITs?

The market for prisons is also unlikely to dry up. The U.S. incarceration rate is 655 per 100,000 compared to the global average of 145 per 100,000. https://en.wikipedia.org/wiki/List_of_countries_by_incarceration_rate A regression to the mean could reduce U.S. incarceration rates by 78%. And, ethi...
by CommitmentDevice
Wed Jun 26, 2019 11:06 am
Forum: Personal Finance (Not Investing)
Topic: Budgeting/Expense tracking
Replies: 39
Views: 3076

Re: Budgeting/Expense tracking

I use Mint. I log in twice a month for the following: Verify that the checking account balance is in my desired range Skim transactions for unexpected expenses Skim credit card balances to make sure auto-pay is working Note my credit score Note my net worth I trust Mint's snapshot of my financial po...
by CommitmentDevice
Mon Jun 24, 2019 2:01 pm
Forum: Personal Finance (Not Investing)
Topic: Career advice
Replies: 20
Views: 2180

Re: Career advice

The University of Washington has a Software Product Management certificate you might want to look into: https://www.pce.uw.edu/certificates/sof ... management
by CommitmentDevice
Sat Jun 22, 2019 11:01 pm
Forum: Personal Investments
Topic: 1-fund, 2-fund or 3-fund portfolio?
Replies: 22
Views: 3996

Re: 1-fund, 2-fund or 3-fund portfolio?

UPDATE: I was sold on the 1 fund portfolio (slightly higher cost, elegant simplicity). Then I talked it over with my DW and she reminded me that we want a social filter on our investments. Yes, my $ is a drop in the global ocean of investment capital out there, but, as a matter of principle, I don'...
by CommitmentDevice
Fri Jun 21, 2019 3:59 pm
Forum: Personal Investments
Topic: 1-fund, 2-fund or 3-fund portfolio?
Replies: 22
Views: 3996

Re: 1-fund, 2-fund or 3-fund portfolio?

UPDATE: I was sold on the 1 fund portfolio (slightly higher cost, elegant simplicity). Then I talked it over with my DW and she reminded me that we want a social filter on our investments. Yes, my $ is a drop in the global ocean of investment capital out there, but, as a matter of principle, I don't...
by CommitmentDevice
Wed Jun 19, 2019 11:13 pm
Forum: Personal Investments
Topic: 1-fund, 2-fund or 3-fund portfolio?
Replies: 22
Views: 3996

Re: 1-fund, 2-fund or 3-fund portfolio?

Thanks for your thoughtful comments!
by CommitmentDevice
Wed Jun 19, 2019 1:55 pm
Forum: Personal Investments
Topic: 1-fund, 2-fund or 3-fund portfolio?
Replies: 22
Views: 3996

Re: 1-fund, 2-fund or 3-fund portfolio?

Also - why does the lazy 3-fund portfolio only include U.S. bonds? U.S. bonds are considered very safe, but wouldn't there be a diversification benefit from adding an international bond fund, like VTABX?
by CommitmentDevice
Wed Jun 19, 2019 1:49 pm
Forum: Personal Investments
Topic: 1-fund, 2-fund or 3-fund portfolio?
Replies: 22
Views: 3996

Re: 1-fund, 2-fund or 3-fund portfolio?

I like #3 for a couple reasons. It's the cheapest. And compared to #1, you won't have Vanguard deciding at some future point that they think it should shift completely to East Africa emerging bonds and Ruble FOREX trading. I exaggerate but they have screwed around with exactly what makes up their f...
by CommitmentDevice
Wed Jun 19, 2019 1:04 pm
Forum: Personal Investments
Topic: 1-fund, 2-fund or 3-fund portfolio?
Replies: 22
Views: 3996

1-fund, 2-fund or 3-fund portfolio?

Greetings Bogleheads! I'm ready to move my Roth IRA from Betterment to Vanguard. I want 90% equities, roughly global market capitalization weighted, and 10% bonds. I'm wrestling with whether to go with a 1, 2 or 3 fund portfolio and would like your advice. Should I go with: 1-Fund Portfolio (0.15% E...
by CommitmentDevice
Tue Jun 18, 2019 8:13 am
Forum: Investing - Theory, News & General
Topic: population growth and consumption
Replies: 15
Views: 1503

Re: population growth and consumption

(Consumption per person) x (Number of people) = (Total consumption) I anticipate that we’ll continue to see increases in total consumption, driven by rising consumption per person over time, despite curbing population growth. The reason for this is that we humans have a very good track record of inc...
by CommitmentDevice
Mon Jun 17, 2019 6:24 pm
Forum: Personal Investments
Topic: Reorganizing taxable account for home down payment
Replies: 11
Views: 1296

Re: Reorganizing taxable account for home down payment

For a down payment in 3-5 years, I would go very safe. A bond fund or high interest savings account like Ally's.
For long term investment, I'd do a lazy three fund portfolio based off of examples in the wiki.
by CommitmentDevice
Mon Jun 17, 2019 12:26 pm
Forum: Forum Issues and Administration
Topic: Why not add a "like" button to Boglehead posts?
Replies: 282
Views: 38954

Re: A way to "thank" posts

Like button or no like button? I don't know. What I do know is that Bogleheads.org has achieved something rare and valuable... insightful, authentic engagement. SOMETHING about the way this community is structured is working quite well, and I'm inclined to think that the current forum design is cont...
by CommitmentDevice
Mon Jun 17, 2019 12:04 pm
Forum: Investing - Theory, News & General
Topic: Would a war be bullish for bearish for stocks?
Replies: 14
Views: 1229

Re: Would a war be bullish for bearish for stocks?

prd1982 wrote:
Mon Jun 17, 2019 11:53 am
I cannot believe we are having this discussion.

War, what its good for? Absolutely nothing.
+1
by CommitmentDevice
Mon Jun 17, 2019 11:32 am
Forum: Personal Investments
Topic: Advice for young married couples: PLEASE HELP!
Replies: 49
Views: 4537

Re: Advice for young married couples: PLEASE HELP!

First of all - vision/value/story - a couple needs to articulate and respectfully listen to how each person was raised to relate to money and their current values. Money Habitudes deck could be useful https://www.moneyhabitudes.com/ Then, have them articulate their vision for finances in the future ...
by CommitmentDevice
Wed Jun 12, 2019 5:25 pm
Forum: Personal Finance (Not Investing)
Topic: Student Loan REFI
Replies: 6
Views: 652

Re: Student Loan REFI

Hi OP, Congrats on working on your student debt and doing due diligence on your options. I refinanced a loan with SoFi for 5 years at 3% variable. It has been awesome. I take from this: Thumbs up for refinancing Shop around and explore different time horizons and fixed vs variable to see if you can ...
by CommitmentDevice
Wed Jun 12, 2019 3:34 pm
Forum: Personal Investments
Topic: My Retirement "Catch Up" plan. Please help/critique.
Replies: 23
Views: 3642

Re: My Retirement "Catch Up" plan. Please help/critique.

Hi OP, Lots of good advice already posted and congrats on taking ownership over your investing and having great annual earnings! I think you'd benefit from reading one or two of the Boglehead books. Upgrading a few of your mental models around investing could save you $ and needless hassle/complexit...
by CommitmentDevice
Wed Jun 12, 2019 12:05 pm
Forum: Personal Consumer Issues
Topic: What flagship (even used) item is better than a budget new item?
Replies: 131
Views: 8927

Re: What flagship (even used) item is better than a budget new item?

whodidntante wrote:
Thu Jun 06, 2019 5:45 pm
CommitmentDevice wrote:
Wed Jun 05, 2019 10:25 am
Used to buy cheap vacuum cleaners and they'd suck
Sounds like you bought a good vacuum then. :happy
Pun intended :wink:
by CommitmentDevice
Wed Jun 12, 2019 12:04 pm
Forum: Investing - Theory, News & General
Topic: What financial information do you wish was more commonly known?
Replies: 50
Views: 10051

Re: What financial information do you wish was more commonly known?

I've also really valued the replies others have made on this thread, especially the importance of a high savings rate.