Search found 121 matches

by bitdocmd
Mon Sep 14, 2020 8:35 pm
Forum: Personal Finance (Not Investing)
Topic: Paying off sub 4% mortgage interest rate early
Replies: 167
Views: 14618

Re: Paying off sub 4% mortgage interest rate early

Is anyone who has a sub 4% fixed mortgage interest rate paying it off aggressively early? If you are, why? Closed on a home loan last week, 2.75% 30-yr fixed, and was about to ask the same question. But I guess I had a similar decision in the past when deciding whether to pay off my medical school ...
by bitdocmd
Thu Sep 10, 2020 7:00 pm
Forum: Personal Finance (Not Investing)
Topic: Difficulty obtaining bitcoins
Replies: 17
Views: 2369

Re: Difficulty obtaining bitcoins

sorry for your loss. fortunately, you're not the only one this has happened to: https://www.youtube.com/watch?v=0tMXLDVpPs8 https://www.npr.org/sections/money/2018/01/05/576087864/episode-816-bitcoin-losers transcript: https://www.npr.org/transcripts/576089767 I know where my mutual fund shares are...
by bitdocmd
Mon Aug 31, 2020 8:15 pm
Forum: Personal Consumer Issues
Topic: Undergrad College List
Replies: 64
Views: 4568

Re: Undergrad College List

I am asking this question for a girl in high school. Does this undergrad college list make sense? Undergrad application plan: - GPA: 4.35/5.00 - SAT practice tests: 1510 - AP 11th plan: 3, Statistics, Biology and History. - AP 12th plan: 5, BC Calculus, Physics, Psychology, English and Spanish. - C...
by bitdocmd
Thu Aug 20, 2020 7:05 pm
Forum: Personal Consumer Issues
Topic: Books that changed your life
Replies: 242
Views: 22904

Re: Books that changed your life

HotRod140 wrote: Sun Feb 02, 2020 6:38 pm Hi All

Saw this on another forum. Anyone recommend a book that changed their life. It doesn't have to be a finance book
Loserthink by Scott Adams
by bitdocmd
Thu Aug 20, 2020 6:48 pm
Forum: Personal Consumer Issues
Topic: Simplisafe in 2020
Replies: 25
Views: 2833

Re: Simplisafe in 2020

What are your recommendations for alarm system? I had good experience with Simplisafe. There is no fixed contract, easy setup, reasonable monthly price, and I have been using it for many years. But nowadays there are more options like Ring and Nest and others. I have a new place now and would like ...
by bitdocmd
Thu Aug 20, 2020 6:14 pm
Forum: Personal Finance (Not Investing)
Topic: Jumbo Loans - Share your experience
Replies: 24
Views: 1812

Re: Jumbo Loans - Share your experience

Howdy, Has anyone shopped around, locked rates, closed a Jumbo loan recently? Please share your experience so we all can learn from it. I have just started the shopping experience. Based in Texas. I will share my experience, as I progress. Just locked 2.75% 30 yr fixed with 20% down. Mortgage is fo...
by bitdocmd
Tue Aug 18, 2020 8:14 pm
Forum: Investing - Theory, News & General
Topic: Bitcoin: What is it, in Plain English
Replies: 170
Views: 25904

Re: Bitcoin: What is it, in Plain English

000 wrote: Tue Aug 18, 2020 4:08 pm
fatlever wrote: Tue Aug 18, 2020 1:40 pm What all this means is that Bitcoin has proved itself to be a digital store of value
Why BTC and not some other cryptocurrency?
Its scarcity can be proven.
by bitdocmd
Tue Aug 18, 2020 7:18 pm
Forum: Personal Consumer Issues
Topic: Do home warranties cover botched landscaping?
Replies: 4
Views: 583

Re: Do home warranties cover botched landscaping?

Hi Bogleheads - My house, which I've owned and lived in for almost a year, is part of a new development. There's an ongoing problem that's been around pretty much from the beginning. I've got ponding in my front yard, and it's pretty ugly. The source of the water that's forming the pond appears to ...
by bitdocmd
Fri Apr 10, 2020 12:51 pm
Forum: Investing - Theory, News & General
Topic: How long after starting investing, did you start to be happy about the power of compounding?
Replies: 186
Views: 19825

Re: How long after starting investing, did you start to be happy about the power of compounding?

watchnerd wrote: Fri Apr 10, 2020 8:51 am Never, really.

Because I invest/save 10x at 49 than I did at 29.
The OP’s question is not about you.
by bitdocmd
Fri Apr 10, 2020 11:45 am
Forum: Investing - Theory, News & General
Topic: Impact of newest Fed 2.3 Trillion on corporate bonds
Replies: 56
Views: 3986

Re: Impact of newest Fed 2.3 Trillion on corporate bonds

The USA will get Japanified like Europe and... Japan. There will be less creative destruction and more ossification of bad practices & management. Stocks will be viewed as long-term inflation protected savings, with real term growth over decades seen as a bonus but not guaranteed. The notion that s...
by bitdocmd
Fri Apr 10, 2020 11:02 am
Forum: Personal Investments
Topic: The Coming Baby Boom?
Replies: 48
Views: 2121

Re: Will there be a baby boom in 8 to 10 months?

atikovi wrote: Fri Apr 10, 2020 10:41 am And would it be a good idea to get into baby related companies? Pampers, Gerber, Johnson?
How is this actionable? :sharebeer
by bitdocmd
Wed Apr 01, 2020 6:59 am
Forum: Investing - Theory, News & General
Topic: Is the coming pain really "priced in"?
Replies: 201
Views: 19480

Re: Is the coming pain really "priced in"?

Anyone else smell a circuit breaker trip today?
by bitdocmd
Tue Mar 31, 2020 7:28 pm
Forum: Investing - Theory, News & General
Topic: CNBC: Investors Should Be Buying Individual Stocks, Not Indexes
Replies: 84
Views: 7802

Re: CNBC: Investors Should Be Buying Individual Stocks, Not Indexes

I like watching CNBC, and El-Erian seems like a pretty smart guy, but I also think it's very important to decide early on what kind of investor you are. If you are an active investor, or what Benjamin Graham called an "Enterprising Investor", then yes, the selectivity of what you're buying at what ...
by bitdocmd
Tue Mar 31, 2020 7:03 pm
Forum: Investing - Theory, News & General
Topic: Macy’s dropped from s&p 500
Replies: 71
Views: 7036

Re: Macy’s dropped from s&p 500

Dennisl wrote: Tue Mar 31, 2020 6:52 pm Just curious. Macy’s is getting dropped from the snp to small cap. So does the fund just sell all Macy’s shares at a loss and the proceeds from that go to nav?
Can they rush again next year?
by bitdocmd
Mon Mar 30, 2020 2:57 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 9369
Views: 747322

Re: U.S. stocks continue to soar!

lostdog wrote: Mon Mar 30, 2020 2:49 pm Any timers that sold a week ago still sitting on the sidelines? Anyone that will admit?
Me!
by bitdocmd
Mon Mar 30, 2020 2:49 pm
Forum: Investing - Theory, News & General
Topic: Help me understand this market--or How can S&P be 2600 today?
Replies: 109
Views: 9526

Re: Help me understand this market--or How can S&P be 2600 today?

Hi folks, starting disclaimer: I am not talking about market timing. I have bought according to my AA during this decline and will continue to do so. Just as an interested observer, please help me understand how the S&P 500 is currently 2,600 today on March 30. Bogleheads have taught me that all av...
by bitdocmd
Sun Mar 29, 2020 8:52 pm
Forum: Personal Consumer Issues
Topic: Convince me to choose a Suburban over a Sequoia
Replies: 87
Views: 37039

Re: Convince me to choose a Suburban over a Sequoia

We're finally making the move the spot where we've been vacationing for years in Montana, and with a family of 6 and 2 dogs, transportation is a challenge. We do lots of camping, skiing, and backpacking, and frankly, the Highlander isn't doing it, anymore, as there is essentially zero room in the b...
by bitdocmd
Sun Mar 29, 2020 7:38 pm
Forum: Investing - Theory, News & General
Topic: It's Not Different This Time
Replies: 372
Views: 38662

Re: It's Not Different This Time

This time it actually is different. We KNOW we'll get through this (as a society). There is an end in site. What is that end? In six months, either the vast majority of the population will be infected, go through the illness, and be either immune on the other side or dead. Or (the other option) is ...
by bitdocmd
Sun Mar 29, 2020 7:19 pm
Forum: Investing - Theory, News & General
Topic: It's Not Different This Time
Replies: 372
Views: 38662

Re: It's Not Different This Time

throughout my investing life - (40 years, i am 63 now ) i have always held an emergency fund - started with 3 months expenses - then 6 mths, then 1 year, then 3, 5, 7 years of living expenses. Of course all financial advisors said i was crazy and wasting returns from bond funds etc....including van...
by bitdocmd
Sun Mar 29, 2020 3:28 pm
Forum: Personal Finance (Not Investing)
Topic: If you have a secure, well-paying job and cash-heavy, would a recession be a good thing?
Replies: 92
Views: 6994

Re: If you have a secure, well-paying job and cash-heavy, would a recession be a good thing?

...I have a secure, well-paying job... You think you do. People often think so... during their first recession. And, without making a firm prediction, I see reasons to believe, including what has happened already, to think this recession may be tougher on jobs than "typical" recessions. I have a se...
by bitdocmd
Tue Mar 24, 2020 9:36 pm
Forum: Personal Consumer Issues
Topic: Math question
Replies: 10
Views: 1008

Re: Math question

So I have 3 friends who are applying for something. They don't know the total number of applicants but they know each has a 30% chance of being selected. Question is, what is the chance that at least 1 of them will be selected? (Not exactly 1 but at least 1) I came up with an answer but not sure it...
by bitdocmd
Tue Mar 24, 2020 9:18 pm
Forum: Investing - Theory, News & General
Topic: Coronavirus and the market
Replies: 4020
Views: 311648

Re: Coronavirus and the market

watchnerd wrote: Tue Mar 24, 2020 6:03 pm
willthrill81 wrote: Tue Mar 24, 2020 4:00 pm

It's actually surprising to me to hear how many seasoned posters have been quick to decry today's spike as illogical and obviously a dead cat bounce.
I'm not following...what's surprising about people saying it's a dead cat bounce?
Let's be precise. It's called a short squeeze.
by bitdocmd
Tue Mar 24, 2020 8:39 pm
Forum: Investing - Theory, News & General
Topic: It's Not Different This Time
Replies: 372
Views: 38662

Re: It's Not Different This Time

A lot of newer forum participants have been surprised to see so many supposed Bogleheads panicking, selling low, market timing, picking individual stocks etc. They are surprised because they thought Bogleheads didn't do this stuff. Indeed, their mentor, Jack Bogle, said I've said "Stay the course" ...
by bitdocmd
Tue Mar 24, 2020 7:19 pm
Forum: Personal Finance (Not Investing)
Topic: Quarantine and divorce
Replies: 5
Views: 1490

Re: Quarantine and divorce

It was a bit of a PITA with my wife on calls all day long. Since we upgraded a room above the garage with a desk and chair, PCs, etc, she goes there and I hang out with the dogs. Now she comes home for lunch 😁❤️ I rent a studio apartment with my girlfriend. I love her and hope to marry her. But wow...
by bitdocmd
Tue Mar 24, 2020 6:36 pm
Forum: Personal Finance (Not Investing)
Topic: Quarantine and divorce
Replies: 5
Views: 1490

Quarantine and divorce

I understand that divorce is one of the most expensive financial mistakes one can make. For those married and under quarantine: How has quarantine affected the health of your marriage? If positive, perhaps share some good things you have discovered that have helped your relationship? If negative, sh...
by bitdocmd
Tue Mar 24, 2020 6:20 pm
Forum: Personal Consumer Issues
Topic: What have you baked recently?
Replies: 294
Views: 34912

Re: What have you baked recently?

No-knead bread from Bittman's "How to Cook Everything."

Baked in a beautiful blue Le Creuset Dutch oven. Girlfriend even got a few Instagram photos from it.
by bitdocmd
Tue Mar 24, 2020 6:01 pm
Forum: Investing - Theory, News & General
Topic: Todays +10 percent gain from QE?
Replies: 52
Views: 3992

Re: Todays +10 percent gain from QE?

wkimdds wrote: Tue Mar 24, 2020 3:30 pm Is this a


Dead cat bounce?

Artificial increase due to QE?

Or actual recovery?


I think its dead cat bounce. Feel like things just have started...

short squeeze
by bitdocmd
Fri Mar 20, 2020 7:58 am
Forum: Investing - Theory, News & General
Topic: Who here is buying stocks today and how much?
Replies: 311
Views: 28896

Re: Who here is buying stocks today and how much?

It looks like the market took breather yesterday. I did not buy any stocks. S&P 500 ( ^GSPC ) was up a tiny +0.47% to 2409.39. Has it hit bottom? CBOE Volatility Index ( ^VIX ) is still quite high at 68, but has come down from 80. Expect slightly less volatility? S&P 500 Futures shows +1.07% to 241...
by bitdocmd
Fri Mar 20, 2020 7:53 am
Forum: Personal Investments
Topic: Saw my financial advisor...
Replies: 19
Views: 1948

Re: Saw my financial advisor...

tennisplyr wrote: Fri Mar 20, 2020 6:55 am Several of my friends have recently visited with their advisors due to recent market conditions. Have you recently talked with yours and what advice did he give you? I don't have one.
Don't get the point of these posts. I'm pretty sure it's known what people will say on the Bogleheads forum.
by bitdocmd
Thu Mar 19, 2020 5:08 am
Forum: Investing - Theory, News & General
Topic: Where's Warren Buffett During This Crisis?
Replies: 181
Views: 26118

Re: Where's Warren Buffett During This Crisis?

he's analytical and relies on data (often accounting data) and is probably waiting til he feels he has a better grasp on what is likeliest to happen. it might simply be too early for him to make a big move either way. i bet he's only been nibbling. I think this is correct. Somehow I don't envision ...
by bitdocmd
Wed Mar 18, 2020 2:44 pm
Forum: Investing - Theory, News & General
Topic: Why not liquidate?
Replies: 48
Views: 4480

Re: Why not liquidate?

Novice10 wrote: Wed Mar 18, 2020 11:10 am First time poster
Simple question
If the market for sure is falling for at least a few weeks why not sell now and by 2 to 3 weeks from now go back in, even if the market has not bottomed out you are still ahead?
I wouldn't do that with all my money but if you have some gambling money, why not?
by bitdocmd
Tue Mar 17, 2020 1:15 pm
Forum: Personal Investments
Topic: How much you lost/gain since Feb 20,2020 ?
Replies: 349
Views: 30136

Re: How much you lost/gain since Feb 20,2020 ?

Up about 5 lbs. Stress eater.
by bitdocmd
Tue Mar 17, 2020 3:50 am
Forum: Personal Investments
Topic: The Black Swan is Here
Replies: 164
Views: 19542

Re: The Black Swan is Here

It is a Black Swan. It's not over yet, and people are already concocting explanations of why Covid-19 is "normal." These rationalizations are the 3rd feature of Black Swans. My credentials: - I published a paper"COOP Hardening Against Black Swans" that Taleb referenced on his site https://www.foole...
by bitdocmd
Mon Mar 16, 2020 4:29 pm
Forum: Investing - Theory, News & General
Topic: Coronavirus and the market
Replies: 4020
Views: 311648

Re: Coronavirus and the market

many here warned that there was increased risk,not accounted for, and not to dismiss it. It looks like we are headed for dow 15000. Does anyone feel it will stop in the high teens, or are we headed to 15000. There still isnt testing in the usa that is widespread to stop this black swan. Terrible fi...
by bitdocmd
Mon Mar 16, 2020 4:10 pm
Forum: Investing - Theory, News & General
Topic: International is in meltdown
Replies: 308
Views: 22702

Re: International is in meltdown

You must be young. I'm old. I don't have another decade to watch international slowly attempt to catch up to US. Vanguard expects International to outperform the U.S. over the next 10 years. You may not agree with them, and that's fine, but if you believe the prediction it implies that it makes no ...
by bitdocmd
Mon Mar 16, 2020 3:59 pm
Forum: Investing - Theory, News & General
Topic: Bitcoin is around $6k... why is nobody talking about this?
Replies: 104
Views: 8784

Re: Bitcoin is around $6k... why is nobody talking about this?

I truly, really thought Bitcoin would be the next gold and safe haven. But in this crazy corona-time, Bitcoin is down back to $6000. Why? And GLD has dropped only 5%. For context Bitcoin went to $12k earlier in 2019, and $20k during the bubble just before it popped. I'm glad I procrastinated buying...
by bitdocmd
Mon Mar 16, 2020 1:38 pm
Forum: Investing - Theory, News & General
Topic: Market circuit breaker
Replies: 6
Views: 434

Re: Market circuit breaker

Also known as a "Trading Curb" - which might help your google search (although "market circuit breaker" should work). From wikipedia: https://en.wikipedia.org/wiki/Trading_curb Read the link and love it! Why don't you take a break. Have a drink. It will help you make a "rational decision." Sounds l...
by bitdocmd
Mon Mar 16, 2020 1:24 pm
Forum: Investing - Theory, News & General
Topic: Market circuit breaker
Replies: 6
Views: 434

Market circuit breaker

Does anyone here know the history/story/logic behind the market circuit breaker we have seen a few times the last couple of weeks?

Why 7%/13%/20% (numbers may not be exact but I believe are close.)

I searched the forum but just found threads about replacing literal circuit breakers.
by bitdocmd
Mon Mar 16, 2020 7:54 am
Forum: Investing - Theory, News & General
Topic: $19 Trillion in Corporate Debt At Risk of Default
Replies: 167
Views: 11530

Re: $19 Trillion in Corporate Debt At Risk of Default

So why pay attention now? Not you, specifically, but anyone who chose not to pay attention before the virus.This all existed before the virus. Well, I moved to all long Treasuries / short TIPS / MM a while ago for my fixed income a while ago because of concerns about corporate debt and its correlat...
by bitdocmd
Sun Mar 15, 2020 3:30 pm
Forum: Investing - Theory, News & General
Topic: <deleted>
Replies: 85
Views: 7905

Re: Its going to get really bad, so I am Hedging - reducing stock exposure

Buy and hold is fine, but the esteemed Warren Buffet, a perceived buy and hold investor, had 118B in cash when the market was topping. So yes, he is a smart investor now buying, but he isn't buy and hold under all circumstances cause he got that 118B from selling other stocks when the buy and hold ...
by bitdocmd
Sun Mar 15, 2020 3:13 pm
Forum: Investing - Theory, News & General
Topic: Coronavirus and the market
Replies: 4020
Views: 311648

Re: Coronavirus and the market

White House Seeks Financial Crisis-Era Powers to Buttress Economy WASHINGTON — Treasury Secretary Steven Mnuchin said on Sunday that he would ask Congress to reinstate powers that were used during the 2008 financial crisis to support the economy as the coronavirus threatens to grind business activi...
by bitdocmd
Sun Mar 15, 2020 2:56 pm
Forum: Investing - Theory, News & General
Topic: Safety and accessibility of Money Market Funds if Market is Closed or Liquidity Dries Up
Replies: 11
Views: 773

Re: Safety and accessibility of Money Market Funds if Market is Closed or Liquidity Dries Up

I am aware that back in 2008 the government had to step in and bail out the prime money market funds, and that as a result, the Vanguard Prime Money Market Fund now has the ability to limit withdrawals or charge a 2% fee for withdrawals should it face too many withdrawals at once. This past week I ...
by bitdocmd
Sun Mar 15, 2020 2:32 pm
Forum: Personal Consumer Issues
Topic: Coronavirus - Helping Others
Replies: 19
Views: 1423

Re: Coronavirus - Helping Others

A lot of folks are going to be hurting financially in the near future. Like other Bogleheads who have planned well in advance, I'm in the position to be able to donate to organizations which will be helping these people. I know stock prices are down, but I'm going to donate some stock to my donor a...
by bitdocmd
Fri Mar 13, 2020 9:41 pm
Forum: Personal Consumer Issues
Topic: Backgammon
Replies: 3
Views: 411

Re: Backgammon

Warren likes this game. Please continue!
by bitdocmd
Fri Mar 13, 2020 11:58 am
Forum: Investing - Theory, News & General
Topic: How much could we theoretically lose?
Replies: 128
Views: 10628

Re: How much could we theoretically lose?

You will likely lose 50-90% from the highs. This is for several reasons: 1) The Fed does not have the room to cut rates like it did before. It will have to undertake some other policies, some of which are dangerous and could be hyperinflationary. 2) The corporate bond market is misrated more than s...
by bitdocmd
Fri Mar 13, 2020 9:29 am
Forum: Investing - Theory, News & General
Topic: Bitcoin is around $6k... why is nobody talking about this?
Replies: 104
Views: 8784

Re: Bitcoin is around $6k... why is nobody talking about this?

Will be on Ebay with the beanie babies soon enough so it is going much lower than 6K. Why are the bitcoin fans not talking about it? Generally people tell you about their smart gambles, not the ones they lose. You hear about bitcoin when it is going well, crickets when it isn't. If bitcoin hits $10...
by bitdocmd
Fri Mar 13, 2020 8:05 am
Forum: Investing - Theory, News & General
Topic: Bitcoin is around $6k... why is nobody talking about this?
Replies: 104
Views: 8784

Re: Bitcoin is around $6k... why is nobody talking about this?

Watty wrote: Thu Mar 12, 2020 11:43 pm
.. why is nobody talking about this?
It is a zombie fad that does no know that it is dead yet.
I would say the same for central banks.
by bitdocmd
Thu Mar 12, 2020 10:30 pm
Forum: Investing - Theory, News & General
Topic: Bitcoin is around $6k... why is nobody talking about this?
Replies: 104
Views: 8784

Re: Bitcoin is around $6k... why is nobody talking about this?

I truly, really thought Bitcoin would be the next gold and safe haven. But in this crazy corona-time, Bitcoin is down back to $6000. Why? And GLD has dropped only 5%. For context Bitcoin went to $12k earlier in 2019, and $20k during the bubble just before it popped. I'm glad I procrastinated buying...
by bitdocmd
Wed Mar 11, 2020 2:48 pm
Forum: Investing - Theory, News & General
Topic: Coronavirus and the market
Replies: 4020
Views: 311648

Re: Coronavirus and the market

fanmail wrote: Wed Mar 11, 2020 2:47 pm At least future generations will learn what exponential growth is.
+1.