Search found 30 matches

by Ob81
Sun Apr 12, 2020 8:57 pm
Forum: Investing - Theory, News & General
Topic: Why not go EE bonds (instead of bond funds)?
Replies: 177
Views: 12253

Re: Why not go EE bonds (instead of bond funds)?

I think I have looked at EEs and I bonds a little different from the majority here. These have been my emergency fund, and I plan on cashing some to pay for college/school for the little ones. I tend to be ultra-conservative though, and started this shelter before I threw serious cash at equities. T...
by Ob81
Thu Mar 19, 2020 12:44 pm
Forum: Investing - Theory, News & General
Topic: 30 y/o - just a rant thread about staying the course
Replies: 34
Views: 3497

Re: 30 y/o - just a rant thread about staying the course

Keep your head up. Go back and read some of the threads with all of the euphoria, then read some of the current threads. Don’t be like the people in the current threads. Keep an allocation that you can live with and stick with the fundamentals. We were within the midst of the longest bull-run in the...
by Ob81
Thu Mar 12, 2020 2:42 pm
Forum: Investing - Theory, News & General
Topic: Well, I am market timing due to coronavirus... Wish me luck.
Replies: 1229
Views: 110611

Re: Well, I am market timing due to coronavirus... Wish me luck.

Everyone will always repeat the age old sayings, and one of them is that “you have to be right twice”. Technically, with an overall idea that the markets will always go back up long-term, had op went back in right at the 20% drop point, he would have avoided that dip point, and set himself up for a ...
by Ob81
Sat Feb 29, 2020 3:58 pm
Forum: Investing - Theory, News & General
Topic: Why so much buying/rebalancing going on?
Replies: 100
Views: 6396

Re: Why so much buying/rebalancing going on?

The best performing portfolios over time have belonged to dead people, as so the saying goes (backed by an actual study). I am sort of shocked by some of the recent threads. From what I’ve found, that’s an internet myth and there was no such study (although it doesn’t mean the moral of the story is...
by Ob81
Sat Feb 29, 2020 10:50 am
Forum: Investing - Theory, News & General
Topic: Why so much buying/rebalancing going on?
Replies: 100
Views: 6396

Re: Why so much buying/rebalancing going on?

The best performing portfolios over time have belonged to dead people, as so the saying goes (backed by an actual study). I am sort of shocked by some of the recent threads.
by Ob81
Sat Feb 29, 2020 10:42 am
Forum: Personal Investments
Topic: Thinking about (temporarily) moving all *retirement* stock to bonds - please help
Replies: 292
Views: 25393

Re: Thinking about (temporarily) moving all *retirement* stock to bonds - please help

Op, thank you for posting and sharing this. It really has helped me keep my own risk decisions within perspective. It was tough to stay with the fundamentals when everything was just hitting all-time highs. Good luck with your new allocation.
by Ob81
Wed Feb 05, 2020 1:23 pm
Forum: Investing - Theory, News & General
Topic: Tesla Stock
Replies: 301
Views: 16879

Re: Tesla Stock

Yikes. This stock truly has no identity. Reminds me of bitcoin. Down about 20%. I hope no Boglehead went in on this. There are automakers that are valued lower than Tesla that sell more in a month than they sell in a year.
by Ob81
Sun Dec 29, 2019 12:38 pm
Forum: Investing - Theory, News & General
Topic: Barron's Cover article--Vanguard Led the Way for Decades. Now It’s Playing Catch-Up.
Replies: 142
Views: 13865

Re: Barron's Cover article--Vanguard Led the Way for Decades. Now It’s Playing Catch-Up.

This was a very good article, I enroxurage those with a subscription to read it. They cover many topics, from Vanguards leadership in new index assets to some of their missteps in technology and customer service. Here were some interesting notes. - free commissions may be coming for the new year - ...
by Ob81
Thu Dec 19, 2019 3:21 pm
Forum: Investing - Theory, News & General
Topic: Schwab Announcement: "Intelligent Income"
Replies: 22
Views: 3198

Re: Schwab Announcement: "Intelligent Income"

They are currently in the business of making money from cash balances. Their robo-service allocates a ridiculous amount to cash. Something in the realm of 20% of total assets. Naturally, they want a more sure thing, so they are angling for assets in the retirement world, as you are less likely to to...
by Ob81
Sun Nov 17, 2019 12:36 pm
Forum: Personal Finance (Not Investing)
Topic: Lack of motivation to “exceed” goals.
Replies: 16
Views: 1668

Re: Lack of motivation to “exceed” goals.

Op, you have simply been using success at studies/work as a measure of your self-worth. What you are experiencing is a mixture of burnout and an identity crisis. You have already made adjustments to have more free time. I second the suggestions to start a hobby that is only about you, and what you w...
by Ob81
Fri Nov 01, 2019 9:30 pm
Forum: Personal Investments
Topic: Do you consider pensions as part of your overall asset allocation?
Replies: 67
Views: 5755

Re: Do you consider pensions as part of your overall asset allocation?

A pension may influence your asset allocation, but it isn’t part of your asset allocation. For example: $100,000 yearly pension income may influence a person that has only $50,000 yearly expenses to invest in a higher % of stock. A person with a $50,000 yearly pension, with the same expenses, may ha...
by Ob81
Sat Oct 19, 2019 11:24 am
Forum: Personal Consumer Issues
Topic: SAT/ACT prep courses worth the money?
Replies: 47
Views: 3808

Re: What did you spend on prep courses for SAT/ACT?

We've been thinking about this. Some years ago, as a result of lawsuits, access to the actual exams, after they were given, was made possible. I think that was in New York State, but one state is enough. So, one idea is to make sure that test prep materials and outfits doing test preparation are ac...
by Ob81
Sat Oct 19, 2019 11:21 am
Forum: Personal Consumer Issues
Topic: SAT/ACT prep courses worth the money?
Replies: 47
Views: 3808

Re: What did you spend on prep courses for SAT/ACT?

$0. I told my H.S. Student to pay attention in class starting at age 6. He took the scheduled practice test and when the results came showing his weak sections, we went to the library and studied books in those sections. 1520. Our general idea was that if we were going to pay someone for 3 hours a w...
by Ob81
Sat Oct 19, 2019 11:00 am
Forum: Investing - Theory, News & General
Topic: 529 and FIRE
Replies: 29
Views: 3807

Re: 529 and FIRE

People seriously pursuing FIRE do not quality for need based aid. You aren’t poor and earning wages near the poverty line.

Aid is for people that need help paying for higher education. I am shocked that this topic keeps coming up.
by Ob81
Mon Oct 07, 2019 2:35 pm
Forum: Personal Investments
Topic: New investor... Am I crazy?
Replies: 42
Views: 4438

Re: New investor... Am I crazy?

Op, my suggestion is that you don’t make any financial moves for at least 60 days while you learn. Parking the money is better than the loads and the fees that you are setting yourself up for. You could afford a full-time live-in maid with the amount of fees you would be paying.
by Ob81
Mon Oct 07, 2019 11:03 am
Forum: Personal Investments
Topic: Help me create a 3-Fund ESG Portfolio
Replies: 11
Views: 2134

Re: Help me create a 3-Fund ESG Portfolio

Posting to track responses on this. I have seriously considered it. Most aspects in my life have a certain consideration applied. My investments don’t though. I probably would sleep better with a 2-3 fund ESG portfolio.
by Ob81
Thu Oct 03, 2019 2:04 pm
Forum: Personal Finance (Not Investing)
Topic: Will or trust question
Replies: 18
Views: 1745

Re: Will or trust question

The fact that you were mentioned in the will makes it extremely hard, and near pointless, to contest a will. Had you not been mentioned, you would actually have a stronger case. There are instances where people were willed exactly $1 so that they could not contest on the basis that they were left ou...
by Ob81
Sat Sep 28, 2019 9:48 am
Forum: Personal Finance (Not Investing)
Topic: Beneficiary passes, leaves hospital bills, can hospitals get money from her trust fund until paid in full?
Replies: 24
Views: 5178

Re: Beneficiary passes, leaves hospital bills, can hospitals get money from her trust fund until paid in full?

With the little information provided, I would guess that the trust is safe. Her personal assets are at stake, as well as the husband’s assets. Wife’s personal debt is his debt. He can have it linger for as long as he likes, but when he passes and his personal estate pays out, debt gets paid first. U...
by Ob81
Wed Sep 18, 2019 3:42 pm
Forum: Personal Finance (Not Investing)
Topic: Tax avoidance and estate planning ‘for the rich’?
Replies: 61
Views: 7160

Re: Tax avoidance and estate planning ‘for the rich’?

The wealthy have multiple income sources with multiple triggers for taxes. To limit their exports taxes, they utilize different tools. The tools are available to everyone, but typically don’t make much sense due to a lack of an abundance of moving parts. So, how the typical person utilizes a 401k, I...
by Ob81
Wed Sep 18, 2019 2:32 pm
Forum: Investing - Theory, News & General
Topic: Vanguard said to offer Digital Advisory Service [Robo-Advisor]
Replies: 111
Views: 10743

Re: Vanguard said to offer Digital Advisory Service

Thanks for sharing, and I will take it. The fee is comparable to industry leaders. I have also been searching for a robo account for my children, and wanted started settling on Fidelity, but keeping everything Vanguard is better for me.
by Ob81
Tue Sep 17, 2019 7:41 pm
Forum: Personal Investments
Topic: Where should we cut back saving/investing?
Replies: 58
Views: 6766

Re: Where should we cut back saving/investing?

daycare is no joke. Taxable goes first, then 529. I would probably just drop the taxable completely and let it compound for a while. If you had a project that you were saving for, then some adjustments are needed.

Good luck and congratulations.
by Ob81
Tue Aug 27, 2019 7:45 pm
Forum: Personal Investments
Topic: Anyone betting on Teva or any other individual stocks?
Replies: 21
Views: 2205

Re: Anyone betting on Teva or any other individual stocks?

I am long on a few stocks. I just try to keep the % to around 10% of my overall portfolio. I think Disney is a decent hold, and I am waiting to go in on Boeing sometime in early November. I am traditionally 3 - fund, but reading and researching eventually starts the itch to purchase some positions i...
by Ob81
Tue Aug 27, 2019 7:34 pm
Forum: Personal Investments
Topic: Start to invest with a (maybe) house purchase soonish
Replies: 1
Views: 211

Re: Start to invest with a (maybe) house purchase soonish

I would go with Scenario A, but with an adjustment in the savings amount based on how much of a down payment you need in 3 years when you buy.
by Ob81
Fri Aug 23, 2019 1:47 pm
Forum: Personal Investments
Topic: where does kids college funds come into play in my plan?
Replies: 24
Views: 2384

Re: where does kids college funds come into play in my plan?

Op, you make over $200k a year. You are in the sweet spot for no aid/merit assistance offered, but high % loans offered in abundance. Most schools that will offer merit money to your child, will not be a public school or top tier private school. A lot of people are suggesting that you tippy-toe arou...
by Ob81
Wed Jul 24, 2019 3:29 pm
Forum: Personal Investments
Topic: Teenage Son Wants to Start Investing
Replies: 27
Views: 1810

Re: Teenage Son Wants to Start Investing

I would focus on working the investing percentages into his income flow. Meaning, he becomes accustomed to investing say 5% of his income and gradually increase from there. I would angle his initial lump sum as a starter, and that is it. It is the start of his journey. If he starts watching how that...
by Ob81
Thu Jul 18, 2019 1:09 pm
Forum: Personal Consumer Issues
Topic: Extended warranty for kitchen appliances
Replies: 31
Views: 2232

Re: Extended warranty for kitchen appliances

Glasgow wrote: Thu Jul 18, 2019 11:54 am Based on my experience with Samsung fridge, I’d suggest you buy it. Low ice output due to bad seal, ice cobbles due to bad sensor, and torn door seal. Glad that we bought the extended warranty.
+1. The fridge at a minimum. I also benefitted from having one on the over-the-range microwave.
by Ob81
Thu Jul 18, 2019 1:04 pm
Forum: Personal Consumer Issues
Topic: Has anyone seen the documentary "Playing with FIRE?"
Replies: 216
Views: 22153

Re: Has anyone seen the documentary "Playing with FIRE?"

I'd like to know more about these statements. Is this second hand information? first hand experience? etc? It was during the kickstarter push, and some of the creator comments there. It wasn't firsthand experience, and I only saw a screenshot of a reply from a creator. The question from a viewer wa...
by Ob81
Thu Jul 18, 2019 12:42 pm
Forum: Personal Consumer Issues
Topic: Has anyone seen the documentary "Playing with FIRE?"
Replies: 216
Views: 22153

Re: Has anyone seen the documentary "Playing with FIRE?"

I read the book. I really dislike the author. He is a complete fraud. This is why I have opted to catch this 'film' when it is available elsewhere. This film is not catching on, and the production team were letting out frustration stating that they thought the FIRE community would have supported th...
by Ob81
Thu Jul 18, 2019 12:07 pm
Forum: Personal Consumer Issues
Topic: Has anyone seen the documentary "Playing with FIRE?"
Replies: 216
Views: 22153

Re: Has anyone seen the documentary "Playing with FIRE?"

I read the book. I really dislike the author. He is a complete fraud. This is why I have opted to catch this 'film' when it is available elsewhere. This film is not catching on, and the production team were letting out frustration stating that they thought the FIRE community would have supported th...
by Ob81
Sun Apr 21, 2019 10:10 am
Forum: Personal Investments
Topic: Invest 529 or taxable account?
Replies: 55
Views: 4795

Re: Invest 529 or taxable account?

Scenario #1 - Maxed out retirement accounts (401k, IRA and spouse IRA). All extra money goes towards paying off a mortgage. Scenario #2 - 7% going to IRA. 2% going to spouse IRA. 5% going to child’s 529. When it comes to calculating scholarships or financial aid, the person in scenario #2 has more ‘...