Search found 218 matches

by Cody6136
Tue Jun 18, 2019 1:30 pm
Forum: Personal Consumer Issues
Topic: Does money/lack of money preoccupy you?
Replies: 85
Views: 6844

Re: Does money/lack of money preoccupy you?

Obsessiveness is a form of anxiety, and the source of anxiety always lies in the future and is related to thoughts about what might or is going to happen. In that sense, obsessiveness can be defined as a necessary and desired approach to many situations that are complex, require much thought and ar...
by Cody6136
Mon Jun 17, 2019 6:06 pm
Forum: Personal Finance (Not Investing)
Topic: Why are you NOT buying rental properties?
Replies: 420
Views: 35935

Re: Why are you NOT buying rental properties?

I can't stand realtors.
by Cody6136
Fri Jun 14, 2019 6:07 pm
Forum: Investing - Theory, News & General
Topic: How Bad was 2008, really?
Replies: 310
Views: 35098

Re: How Bad was 2008, really?

It was very bad but investments were only one component. Indeed. It may help to see the time in its entirety. Like the OP, I did not experience the pain of great financial loss personally, but it affected me just the same. I was a fundraiser, working at an animal shelter in a rural area. Donors had...
by Cody6136
Fri Jun 14, 2019 5:36 pm
Forum: Investing - Theory, News & General
Topic: How safe are pensions in the U.S.?
Replies: 86
Views: 8014

Re: How safe are pensions in the U.S.?

There was just a Frontline program on PBS called "The Pension Gamble". It is worth watching. They concentrated on the public pensions in Kentucky. It was not a pretty story. I watched it and thought that Martin Smith did a tremendous job. I am ordering and reading the book about Kentucky's plan. Th...
by Cody6136
Fri Jun 14, 2019 3:46 pm
Forum: Personal Investments
Topic: Asset allocation for those in their late fifties
Replies: 35
Views: 3597

Re: Asset allocation for those in their late fifties

I'm 59 and currently at a 77 percent stocks, the rest in bonds/other and trying to make a smooth glide towards 60 percent stock

Rolling over and re-calibrating has been a journey, to say the least.
by Cody6136
Wed Jun 12, 2019 5:07 pm
Forum: Investing - Theory, News & General
Topic: What financial information do you wish was more commonly known?
Replies: 46
Views: 7287

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

mortfree wrote:
Tue Jun 11, 2019 9:39 pm
The so-called experts at the financial institutions aren’t helping you with your money.

They are helping themselves to your money.
+1. I like the way you put this!
by Cody6136
Tue Jun 11, 2019 4:51 pm
Forum: Personal Consumer Issues
Topic: Tips for new pet owner [puppy]
Replies: 71
Views: 3721

Re: Tips for new pet owner

A dog should never be more than 2 feet away from owner and on a leash when being walked in a public space. Nothing worse than dealing with people who allow their animals to roam away from them. This is funny. My dog is 100lbs. If he was never more than 2 feet away he’d literally be on my lap at all...
by Cody6136
Mon Jun 10, 2019 5:58 pm
Forum: Personal Consumer Issues
Topic: What frugal thing did you do today?
Replies: 843
Views: 84910

Re: What frugal thing did you do today?

Replaced the overdue book from the library myself. Had I allowed the library to do this, it would have cost well over $29. Went on Amazon, bought for $5.25 and will get it to the library later this week. They were okay with this, and renewed it until I can deliver. No fines. I have turned my house u...
by Cody6136
Mon Jun 10, 2019 5:33 pm
Forum: Investing - Theory, News & General
Topic: short question
Replies: 15
Views: 1688

Re: short question

If you expect the share price to drop in the future, you borrow shares now and sell them. Then when the price drops as you expect, you buy the shares back and return them to the person who lent them to you. [...] Look up Bill Ackman and his short of Herbalife. For the OP, I include the obligatory q...
by Cody6136
Mon Jun 10, 2019 5:29 pm
Forum: Personal Consumer Issues
Topic: Luxembourg--worth visiting?
Replies: 30
Views: 2173

Re: Luxembourg--worth visiting?

Taking a personal vacation to Europe for a total time of 5 days is crazy. Says who? I went from Montana to Italy and had a wonderful time. I don't have much time off from my job and have family obligations and I studied Italian for two years before my trip. I don't regret a single thing. Sure, I wi...
by Cody6136
Fri Jun 07, 2019 8:05 pm
Forum: Personal Investments
Topic: Chewy IPO
Replies: 43
Views: 3197

Re: Chewy IPO

My thoughts are: I've never heard of it before. Found this, https://www.marketwatch.com/story/chewy-sets-terms-of-ipo-to-raise-up-to-1064-million-2019-06-03 and their website https://www.chewy.com/ My next thought was, can't I already order pet stuff from Amazon.com ? What does Chewy.com offer that...
by Cody6136
Fri Jun 07, 2019 10:37 am
Forum: Personal Investments
Topic: How to factor an Annuity into a 3-portfolio approach/allocation
Replies: 14
Views: 941

Re: How to factor an Annuity into a 3-portfolio approach/allocation

So, this is my first post. I have recently fired my financial advisor and am now at the helm of my own ship. With about a year of research under my belt, I am very excited to now be on this messageboard charting my own course. My plan is to implement a 3-fund bogglehead approach at Fidelity via iSh...
by Cody6136
Thu Jun 06, 2019 11:17 pm
Forum: Investing - Theory, News & General
Topic: short question
Replies: 15
Views: 1688

Re: short question

Silk McCue wrote:
Thu Jun 06, 2019 5:42 pm
I typed “short position” in the search bar on this site and found. It is a great way to learn and is what I do.

viewtopic.php?t=248717

Cheers
Handy! Thanks!
by Cody6136
Thu Jun 06, 2019 5:36 pm
Forum: Investing - Theory, News & General
Topic: short question
Replies: 15
Views: 1688

short question

What does taking a "short position" mean?
by Cody6136
Thu Jun 06, 2019 11:32 am
Forum: Personal Investments
Topic: This market just scares me...
Replies: 43
Views: 4157

Re: This market just scares me...

Hey guys, I'm going to sound a little like an idiot here, but here goes... Over the last six months, I'm made it priority to take a more active role in my investments. I've - Read the two Bogleheads investing books - Decided on a 60/40 AA - Moved all my money from Betterment to Fidelity to start ma...
by Cody6136
Thu Jun 06, 2019 11:31 am
Forum: Personal Investments
Topic: This market just scares me...
Replies: 43
Views: 4157

Re: This market just scares me...

Hey guys, I'm going to sound a little like an idiot here, but here goes... Over the last six months, I'm made it priority to take a more active role in my investments. I've - Read the two Bogleheads investing books - Decided on a 60/40 AA - Moved all my money from Betterment to Fidelity to start ma...
by Cody6136
Wed Jun 05, 2019 1:13 pm
Forum: Personal Investments
Topic: Morgan Stanley's ridiculous fees, and transferring out
Replies: 6
Views: 733

Re: Morgan Stanley's ridiculous fees, and transferring out

My employer deposits RSUs to Morgan Stanley. After years of paying them, I just found out how ridiculous the fees are: $10 for up to 1000 shares, OR, $0.02 per share for transactions involving greater than a thousand shares. This is particularly ridiculous because it costs $10 to sell 1000 shares, ...
by Cody6136
Wed Jun 05, 2019 11:04 am
Forum: Personal Investments
Topic: DCA on the way out, too? Even towards a conservative AA?
Replies: 13
Views: 919

Re: DCA on the way out, too? Even towards a conservative AA?

What is your current equity-heavy allocation? What are you thinking for your new conservative allocation? I yanked off the band aid yesterday. I'm moving into the bond index fund at Vanguard. I think you've done the right thing. You have gone from 88% stock to 60%? You are 58? When do you plan to r...
by Cody6136
Wed Jun 05, 2019 10:29 am
Forum: Personal Investments
Topic: DCA on the way out, too? Even towards a conservative AA?
Replies: 13
Views: 919

Re: DCA on the way out, too? Even towards a conservative AA?

What is your current equity-heavy allocation? What are you thinking for your new conservative allocation? I yanked off the band aid yesterday. I'm moving into the bond index fund at Vanguard. Since you asked, here goes, with too much information, I know. But keeping posting here is helping me maint...
by Cody6136
Wed Jun 05, 2019 10:17 am
Forum: Personal Investments
Topic: DCA on the way out, too? Even towards a conservative AA?
Replies: 13
Views: 919

Re: DCA on the way out, too? Even towards a conservative AA?

increment wrote:
Wed Jun 05, 2019 2:24 am
A common argument for DCA is that you transact more shares at a lower price than at a higher price.

That sounds desirable for acquiring shares. It does not sound desirable for selling shares.
I'm going to have to ponder this one...
by Cody6136
Wed Jun 05, 2019 7:59 am
Forum: Personal Investments
Topic: NOOB - mutual fund or index fund
Replies: 17
Views: 1309

Re: NOOB - mutual fund or index fund

Hello Y'all Apologies if this is an incorrect home I am just beginning this journey - on my own.Till today, my husband has been the investor (so typical, :confused ya?). I am 53 and decided that i will get more than toe-deep in this. 8-) I have my accounts in Fidelity for ever - 1) 21/2 yr job+ 401...
by Cody6136
Wed Jun 05, 2019 7:46 am
Forum: Personal Investments
Topic: Problem at Vanguard?
Replies: 42
Views: 5238

Re: Problem at Vanguard?

It's 7:10pm EDT and Vanguard hasn't updated my balances yet. Usually it happens at 6:30pm sharp. Anyone else notice this? My values are still from yesterday. My transfers hit and the giant influx of dollars brought things to a halt temporarily. But they're back on line. Sorry for the inconvenience,...
by Cody6136
Tue Jun 04, 2019 6:55 pm
Forum: Personal Consumer Issues
Topic: Being given charity that I don't need
Replies: 45
Views: 3534

Re: Being given charity that I don't need

I have gone to this small hole-in-the-wall place for many take-out meals over the last two years. Maybe it's because of the way I dress (I always wear the same shirt - I have many different shirts but all in the same design so perhaps it looks like I don't have money for new clothes) or perhaps bec...
by Cody6136
Tue Jun 04, 2019 6:41 pm
Forum: Personal Investments
Topic: Problem at Vanguard?
Replies: 42
Views: 5238

Re: Problem at Vanguard?

It's 7:10pm EDT and Vanguard hasn't updated my balances yet. Usually it happens at 6:30pm sharp. Anyone else notice this? My values are still from yesterday. My transfers hit and the giant influx of dollars brought things to a halt temporarily. But they're back on line. Sorry for the inconvenience,...
by Cody6136
Tue Jun 04, 2019 3:30 pm
Forum: Personal Investments
Topic: How did it come to this? [Help with investments]
Replies: 51
Views: 5305

Re: How did it come to this? [Help with investments]

As said above, rebalance your tax deferred accounts to bonds. Look at the cost basis of your stocks and mutual funds, sell anything that has a loss. Sell some gainers to equal the losers. Figure how much you can afford to pay in taxes and sell that amount yearly going forward. TURN OFF dividend and...
by Cody6136
Tue Jun 04, 2019 3:04 pm
Forum: Personal Investments
Topic: DCA on the way out, too? Even towards a conservative AA?
Replies: 13
Views: 919

DCA on the way out, too? Even towards a conservative AA?

Hi all, Still rolling things over ...old 401ks...and I wonder if anyone here can help. I'm going from heavily equities towards bonds in my AA in tax-sheltered. Is it better to just roll in a lump sum, or should I dollar cost average on the way out too? The WIKI says the following: Switching to a mor...
by Cody6136
Tue Jun 04, 2019 2:50 pm
Forum: Personal Investments
Topic: How did it come to this? [Help with investments]
Replies: 51
Views: 5305

Re: How did it come to this? [Help with investments]

As said above, rebalance your tax deferred accounts to bonds. Look at the cost basis of your stocks and mutual funds, sell anything that has a loss. Sell some gainers to equal the losers. Figure how much you can afford to pay in taxes and sell that amount yearly going forward. TURN OFF dividend and...
by Cody6136
Tue Jun 04, 2019 1:20 pm
Forum: Personal Finance (Not Investing)
Topic: Tell us your side hustle success stories.
Replies: 68
Views: 6843

Re: Tell us your side hustle success stories.

I have a profit center of my own that I started about three years ago. I consult for non profits as a fundraiser. I put the fun back in fundraising and make around 8k doing so, alongside my current job, also as a fundraiser. Three things are critical: 1) Avoiding conflicts of interest, and keeping d...
by Cody6136
Tue Jun 04, 2019 9:54 am
Forum: Personal Consumer Issues
Topic: Does money/lack of money preoccupy you?
Replies: 85
Views: 6844

Re: Does money/lack of money preoccupy you?

Cody, generally speaking, if we want to find our most challenging traits, we can do so by identifying our most effective ones. The former are often the flip-side of the latter. For example, people who are very well organized, thoughtful and who plan are often initially obsessive when a significant ...
by Cody6136
Tue Jun 04, 2019 9:53 am
Forum: Personal Consumer Issues
Topic: Does money/lack of money preoccupy you?
Replies: 85
Views: 6844

Re: Does money/lack of money preoccupy you?

No, honestly less and less. I think the relatively flat market has been good for me. I used to look at how the market was doing every day, check my portfolio every few days, track spending, perform simulations etc. Now with not a lot of movement in the last year and a half or so | haven't been eage...
by Cody6136
Mon Jun 03, 2019 11:37 pm
Forum: Personal Consumer Issues
Topic: What Book Are You Currently Reading? Part VI
Replies: 3778
Views: 1089035

Darkly funny nonfiction about rogue debt collection

Has anyone read Bad Paper?
Jake Halpern's book
Chasing debt from Wall Street to the Underworld
It's a page Turner and I recommend!
by Cody6136
Mon Jun 03, 2019 6:37 pm
Forum: Personal Investments
Topic: Dipping my toe into sale of individual stocks
Replies: 15
Views: 604

Re: Dipping my toe into sale of individual stocks

I don't know how the Dreyfus web site / online account shows you cost basis and date(s) acquired which are needed to help make decisions about donating vs selling vs something else. Have you explored your account online much? How much would they charge to execute a sell order? I hope it is very clo...
by Cody6136
Mon Jun 03, 2019 6:25 pm
Forum: Personal Investments
Topic: Dipping my toe into sale of individual stocks
Replies: 15
Views: 604

Re: Dipping my toe into sale of individual stocks

I don't know how the Dreyfus web site / online account shows you cost basis and date(s) acquired which are needed to help make decisions about donating vs selling vs something else. Have you explored your account online much? How much would they charge to execute a sell order? I hope it is very clo...
by Cody6136
Mon Jun 03, 2019 6:23 pm
Forum: Personal Investments
Topic: Dipping my toe into sale of individual stocks
Replies: 15
Views: 604

Re: Dipping my toe into sale of individual stocks

You're kidding about the .00, right? No I am not. That's today's reality. Most brokerages will give you lots of free trades if you switch to them. I got a 100 free trades per account per year for life at WellsTrade. Gulp. I paid $50 to exchange from TIAA's fund to Vanguard Index fund by using the w...
by Cody6136
Mon Jun 03, 2019 6:04 pm
Forum: Personal Investments
Topic: Dipping my toe into sale of individual stocks
Replies: 15
Views: 604

Re: Dipping my toe into sale of individual stocks

I don't know how the Dreyfus web site / online account shows you cost basis and date(s) acquired which are needed to help make decisions about donating vs selling vs something else. Have you explored your account online much? How much would they charge to execute a sell order? I hope it is very clo...
by Cody6136
Mon Jun 03, 2019 5:30 pm
Forum: Personal Investments
Topic: Dipping my toe into sale of individual stocks
Replies: 15
Views: 604

Re: Dipping my toe into sale of individual stocks

livesoft wrote:
Mon Jun 03, 2019 4:39 pm
I guess I meant brokerage, not broker.

A brokerage is where you keep your shares of stock. Presumably they are not in your sock drawer.

Sorry about that. Dreyfus Liquid Assets is the brokerage, I guess. And the Exxon stock is just individual stocks.
by Cody6136
Mon Jun 03, 2019 5:15 pm
Forum: Personal Investments
Topic: Dipping my toe into sale of individual stocks
Replies: 15
Views: 604

Re: Dipping my toe into sale of individual stocks

OP, You are me … 20 years ago. At least as far as holding individual stocks. I was building up a pile of shares through my company's stock purchase plan, but I had no idea what cost basis was, how to sell shares, or what the impact of selling shares could be. I didn't even know what questions to as...
by Cody6136
Mon Jun 03, 2019 4:37 pm
Forum: Personal Investments
Topic: Dipping my toe into sale of individual stocks
Replies: 15
Views: 604

Re: Dipping my toe into sale of individual stocks

Who is your broker? Do they have accurate cost basis information for your shares? Do you know how to know that? Also, have you read IRS Publication 550? I have no broker. Maybe that's why I am broker? :? I do not know how to know this, other than finding the date of purchase (inception in the Dreyf...
by Cody6136
Mon Jun 03, 2019 4:20 pm
Forum: Personal Investments
Topic: Dipping my toe into sale of individual stocks
Replies: 15
Views: 604

Dipping my toe into sale of individual stocks

Hello All, I'm officially entering a new phase in my financial makeover. So far this year, I have: *Got the IPS done, set an AA that will take me into "set and forget" territory (if I can whip my taxable accounts into shape) ; *Wriggled away from a financial adviser; *Rolled over and re-cast my reti...
by Cody6136
Mon Jun 03, 2019 3:25 pm
Forum: Investing - Theory, News & General
Topic: Why are index funds unpopular?
Replies: 12
Views: 2132

Re: Why are index funds unpopular?

Fidelity makes it more difficult to find the fidelity freedom index funds. They make more money from the regular ones, so they promote them more. Granted, I'm a relative beginner but I had to dig deep to find a way to buy Vanguard's index funds through my TIAA investment portal at my small college ...
by Cody6136
Mon Jun 03, 2019 3:18 pm
Forum: Personal Consumer Issues
Topic: Does money/lack of money preoccupy you?
Replies: 85
Views: 6844

Re: Does money/lack of money preoccupy you?

Interesting. I once went to a shrink , who told me that I have anticipatory anxiety. I worry about what might happen. I liked that term, and think it applies to me. The truth is, my anxiety rarely prevents me from doing what I want to do, and the same shrink told me that the "anticipatory anxiety" ...
by Cody6136
Mon Jun 03, 2019 1:38 pm
Forum: Personal Consumer Issues
Topic: Does money/lack of money preoccupy you?
Replies: 85
Views: 6844

Re: Does money/lack of money preoccupy you?

To an extent. I view money management as an inherent part of being a responsible human. Over the past several decades, I've observed (1) those who manage their money in a responsible manner, and (2) those who are careless about money or leave things to chance. I don't want to be like the latter gro...
by Cody6136
Mon Jun 03, 2019 1:36 pm
Forum: Personal Consumer Issues
Topic: Does money/lack of money preoccupy you?
Replies: 85
Views: 6844

Re: Does money/lack of money preoccupy you?

realize this is not a consumer issue but since I began my financial life "makeover" in 2018, I've found myself preoccupied with MONEY, to the detriment of hobbies, family and fun. I'm turning into a real one-dimensional character. Umm, yeah dude... that doesn't sound healthy. I've always looked at ...
by Cody6136
Mon Jun 03, 2019 11:28 am
Forum: Personal Consumer Issues
Topic: Does money/lack of money preoccupy you?
Replies: 85
Views: 6844

Re: Does money/lack of money preoccupy you?

Obsessiveness is a form of anxiety, and the source of anxiety always lies in the future and is related to thoughts about what might or is going to happen. In that sense, obsessiveness can be defined as a necessary and desired approach to many situations that are complex, require much thought and ar...
by Cody6136
Mon Jun 03, 2019 11:18 am
Forum: Personal Consumer Issues
Topic: Does money/lack of money preoccupy you?
Replies: 85
Views: 6844

Re: Does money/lack of money preoccupy you?

I think this is more of a personality issue than anything. You're probably just very type A and I would guess you tend to obsess over lots of things. I'm the same way. I get really into my hobbies and personal finance has been one of them. As my dad used to always tell me "you have a one track mind...
by Cody6136
Mon Jun 03, 2019 6:37 am
Forum: Personal Consumer Issues
Topic: Does money/lack of money preoccupy you?
Replies: 85
Views: 6844

Re: Does money/lack of money preoccupy you?

OP Here are some work sheet Christine Benz based a book on free if you have a Morningstar free account source for tips: https://www.morningstar.com/articles/621536/30minute-money-solutions-worksheets.html Book: https://www.amazon.com/Morningstars-30-Minute-Money-Solutions-Step-/dp/0470918136/ref=sr...
by Cody6136
Mon Jun 03, 2019 6:05 am
Forum: Personal Investments
Topic: Do I need a financial planner or investment advisor or just this forum?
Replies: 30
Views: 2920

Re: Do I need a financial planner or investment advisor or just this forum?

Please see my original post here : https://www.bogleheads.org/forum/viewtopic.php?f=1&t=279774 Some suggested that I potentially seek professional input. I have been exploring this option further. For me, options include a financial planner versus an investment advisor. I am interested in fee only....
by Cody6136
Sun Jun 02, 2019 11:27 pm
Forum: Personal Consumer Issues
Topic: Does money/lack of money preoccupy you?
Replies: 85
Views: 6844

Re: Does money/lack of money preoccupy you?

I've been very good about not worrying/messing with indexed investments. Having a busy life helps with that! However, for those that find themselves overobsessing about their investments (and daily finances), I would definitely recommend YNAB (You Need a Budget). I'd heard about it for years, but f...
by Cody6136
Sun Jun 02, 2019 4:34 pm
Forum: Personal Consumer Issues
Topic: Does money/lack of money preoccupy you?
Replies: 85
Views: 6844

Re: Does money/lack of money preoccupy you?

In many ways, money has become my hobby. I grew up poor. Spent my 20's poor, bankrupt/homeless at 30. My personal needs are, thus, quite meager out of habit. Also a minimalist by nature (or as a result) -- I move once or twice a year using just my Subaru Outback. Two trips and I'm done. Blah blah b...
by Cody6136
Sun Jun 02, 2019 4:31 pm
Forum: Personal Consumer Issues
Topic: Does money/lack of money preoccupy you?
Replies: 85
Views: 6844

Re: Does money/lack of money preoccupy you?

To a degree money preoccupies me. I pay my credit cards weekly. I record every dollar we spend. I calculate our net worth every Saturday. At the grocery store I’m the guy checking out the clearance/dent area (and last day of sale meat/dairy). I try to get the best value out of every nickel that I s...