Search found 189 matches

by krb
Mon Dec 09, 2019 4:32 pm
Forum: Personal Finance (Not Investing)
Topic: 16 Weeks Paternity Leave
Replies: 96
Views: 5438

Re: 16 Weeks Paternity Leave

Frankly I think you will be bored unless there are a lot of projects around the house or other children. I most likely would have shot my husband that much togetherness I was seriously bored with the first after 6 weeks and I was doing all the nursing and care. It's a pity you can't split it. I wou...
by krb
Mon Dec 09, 2019 4:23 pm
Forum: Personal Finance (Not Investing)
Topic: 16 Weeks Paternity Leave
Replies: 96
Views: 5438

Re: 16 Weeks Paternity Leave

I don't know. 16 weeks of vacation for a young person sounds - yes this is going to sound criticizing or insulting and I apologize - indulgent. Caring for a baby (especially being a first time father) full time every business day hardly seems like a "vacation" to me! I expect that this time will al...
by krb
Mon Dec 09, 2019 4:22 pm
Forum: Personal Finance (Not Investing)
Topic: 16 Weeks Paternity Leave
Replies: 96
Views: 5438

Re: 16 Weeks Paternity Leave

Frankly I think you will be bored unless there are a lot of projects around the house or other children. I most likely would have shot my husband that much togetherness I was seriously bored with the first after 6 weeks and I was doing all the nursing and care. It's a pity you can't split it. I wou...
by krb
Mon Dec 09, 2019 4:11 pm
Forum: Personal Finance (Not Investing)
Topic: 16 Weeks Paternity Leave
Replies: 96
Views: 5438

Re: 16 Weeks Paternity Leave

I don't know. 16 weeks of vacation for a young person sounds - yes this is going to sound criticizing or insulting and I apologize - indulgent. Caring for a baby (especially being a first time father) full time every business day hardly seems like a "vacation" to me! I expect that this time will al...
by krb
Mon Dec 09, 2019 4:08 pm
Forum: Personal Finance (Not Investing)
Topic: 16 Weeks Paternity Leave
Replies: 96
Views: 5438

Re: 16 Weeks Paternity Leave

I don't know. 16 weeks of vacation for a young person sounds - yes this is going to sound criticizing or insulting and I apologize - indulgent. Caring for a baby (especially being a first time father) full time every business day hardly seems like a "vacation" to me! I expect that this time will al...
by krb
Mon Dec 09, 2019 3:50 pm
Forum: Personal Consumer Issues
Topic: Amazon Echo Dot
Replies: 77
Views: 3673

Re: Amazon Echo Dot

I don’t use it because of privacy concerns due to the always on/recording aspect. But I appreciate Echo’s capabilities. We recently set up several for my parents (one on each house level) with an Echo Connect for music, weather, phone calling, intercom, RX reminders, etc. The Echo Connect is necess...
by krb
Mon Dec 09, 2019 3:08 pm
Forum: Investing - Theory, News & General
Topic: Psychologically Prepare for the Bear
Replies: 64
Views: 5898

Re: Psychologically Prepare for the Bear

I think you are not properly representing the context of a December 2008 thread with 2014 commentary. Dear Tadamsmar, I wasn't a member of this forum in 2008. I've asked questions about it and I've copied the answers that Taylor Larimore provided me. You can follow the direct links to his posts by ...
by krb
Mon Dec 09, 2019 2:25 pm
Forum: Investing - Theory, News & General
Topic: So is everyone just ignoring the yield curve inversion and upcoming recession?
Replies: 56
Views: 3833

Re: So is everyone just ignoring the yield curve inversion and upcoming recession?

I thought the beauty of the boglehead way was that we just ignore what is going on and stick to the plan, knowing that we cannot predict the WHEN. I have no doubt that a recession is coming. I also have no clue as to the actual dates that anything big will happen. I knew when it would be. [OT comme...
by krb
Sat Dec 07, 2019 10:34 pm
Forum: Personal Investments
Topic: My 401k is moving to Vanguard
Replies: 12
Views: 909

Re: My 401k is moving to Vanguard

I was wondering a few things. Would my 401k assets be added to my individual assets to qualify for higher investment level at VG? Also wondering if it would be easier to move 401k money to my VG IRA. I would have move investment choices and I would like to at some point move some IRA money to Roth ...
by krb
Fri Dec 06, 2019 6:22 pm
Forum: Personal Investments
Topic: Markets high - good or bad day to invest?
Replies: 19
Views: 1259

Re: Markets high - good or bad day to invest?

Should have waited. I literally laughed out loud at that! The original poster should expect that the market will go up and down 5% or 10% or 20% or 30%. Keep the faith! So far the long-term trajectory of the market has only been up. That could always change but don’t have any regrets as the market ...
by krb
Fri Dec 06, 2019 6:20 pm
Forum: Personal Investments
Topic: Markets high - good or bad day to invest?
Replies: 19
Views: 1259

Re: Markets high - good or bad day to invest?

The secret to successful investing is to wait until the market is at the very very bottom then put all your money in then. Keep it in until the market is at the very very top and then sell it. The only tricky part is no one actually knows when those days are. Over the long term you will be better of...
by krb
Thu Dec 05, 2019 3:30 pm
Forum: Personal Finance (Not Investing)
Topic: How much money can retirees really save by moving to a state without income tax?
Replies: 143
Views: 11465

Re: How much money can retirees really save by moving to a state without income tax?

I grew up in Michigan. When I was in training in Atlanta my partner had grown up in SoCal. Atlanta has if I recall a couple weeks of freezing weather. We came out and our cars were covered in snow. He was grimacing and using his coat to get the snow off but then there was ice and he couldn't get it...
by krb
Thu Dec 05, 2019 3:22 pm
Forum: Personal Consumer Issues
Topic: Cable Cord Cutting more complicated than expected
Replies: 96
Views: 7752

Re: Cable Cord Cutting more complicated than expected

The key to a successful cable cord cutting is a shelf of good books to read in the evenings. Amen brother! I cut the cable a while ago. Maybe a few years ago. I missed watching sports and political talk shows until I realized I disagree with a lot of the athletes enough (I love America, warts and a...
by krb
Thu Dec 05, 2019 1:14 pm
Forum: Personal Investments
Topic: When to sell a losing ETF?
Replies: 11
Views: 616

Re: When to sell a losing ETF?

I should have sold it in October. You're right. What if I sell it now and do not buy it back again in the future. Does that still apply to tax loss harvesting? I somewhat understand how the tax loss harvesting works but not entirely. I do not want to own this fund in the future. I want to call it q...
by krb
Thu Dec 05, 2019 1:11 pm
Forum: Personal Investments
Topic: When to sell a losing ETF?
Replies: 11
Views: 616

Re: When to sell a losing ETF?

For a while I had a substantial investment in I think VG Oil Fund (whatever the name). I was pretty sure that the previous administration would shut down exploration in this country as much as they were able and pretty sure policies would lead to tension (war) in the ME. It went up and down and up a...
by krb
Thu Dec 05, 2019 12:52 pm
Forum: Investing - Theory, News & General
Topic: If you were forced to pick an alternative asset...
Replies: 107
Views: 7268

Re: If you were forced to pick an alternative asset...

watches, art, antique/exotic cars, whisky/wine... all the fun stuff that poor people dream about and wealthy people try desperately to be passionate about yet still turn into numbers on a page. just being snarky... kind of. Actually whisky could have been a good purchase around ten years ago before...
by krb
Thu Dec 05, 2019 1:46 am
Forum: Personal Finance (Not Investing)
Topic: How much money can retirees really save by moving to a state without income tax?
Replies: 143
Views: 11465

Re: How much money can retirees really save by moving to a state without income tax?

I briefly dated a highly school English teacher about 9-10 years ago. She worked for LA Unified School District near downtown and told me that a third of all the high school girls were pregnant. I don't know where I'm going with this, but I don't know anyone whose kids go to LAUSD. Most have figure...
by krb
Thu Dec 05, 2019 1:43 am
Forum: Personal Finance (Not Investing)
Topic: How much money can retirees really save by moving to a state without income tax?
Replies: 143
Views: 11465

Re: How much money can retirees really save by moving to a state without income tax?

We have lived in California our whole lives and are now retired there. It's very reasonable to live here as retirees if your house is paid for and was bought over 30 years ago. Like most states, SS is not taxed by the state, so our state tax rate is now lower than 9.3% (like when we were working). ...
by krb
Thu Dec 05, 2019 1:39 am
Forum: Personal Investments
Topic: Vanguard brokerage won’t allow leveraged ETF purchase?
Replies: 43
Views: 1927

Re: Vanguard brokerage won’t allow leveraged ETF purchase?

We all know margin is a bad thing right? So why does Vanguard even allow people to use margin on Vanguard? https://investor.vanguard.com/investing/margin And we all think that high expense ratios are also bad. Why doesn’t Vanguard stop people from buying funds with any expense ratio higher than 1%?...
by krb
Thu Dec 05, 2019 1:37 am
Forum: Personal Investments
Topic: Vanguard brokerage won’t allow leveraged ETF purchase?
Replies: 43
Views: 1927

Re: Vanguard brokerage won’t allow leveraged ETF purchase?

What's all this discussion about "allowing" you to buy this or that? That's just nuts. If you go to the grocery store and they don't sell the thing you wanted, would you say "they won't allow me to buy it?" Of course not. This is nothing more than "they don't sell what I want". Looking at it as "no...
by krb
Thu Dec 05, 2019 1:33 am
Forum: Personal Investments
Topic: Vanguard brokerage won’t allow leveraged ETF purchase?
Replies: 43
Views: 1927

Re: Vanguard brokerage won’t allow leveraged ETF purchase?

krb, Just to keep things up-to-date and make it clear that it isn't just a Vanguard, thing, would you consider editing the thread title to something like "Vanguard and Fidelity won't allow leveraged ETF purchase?" You do this by going to your original post, clicking the pencil "edit" icon, and simp...
by krb
Thu Dec 05, 2019 1:31 am
Forum: Personal Investments
Topic: Vanguard brokerage won’t allow leveraged ETF purchase?
Replies: 43
Views: 1927

Re: Vanguard brokerage won’t allow leveraged ETF purchase?

krb, Just to keep things up-to-date and make it clear that it isn't just a Vanguard, thing, would you consider editing the thread title to something like "Vanguard and Fidelity won't allow leveraged ETF purchase?" You do this by going to your original post, clicking the pencil "edit" icon, and simp...
by krb
Wed Dec 04, 2019 8:51 pm
Forum: Personal Finance (Not Investing)
Topic: How much money can retirees really save by moving to a state without income tax?
Replies: 143
Views: 11465

Re: How much money can retirees really save by moving to a state without income tax?

It's incredibly dependent on your level of wealth. Also what size house, etc if the state has high property taxes. if you have a modest retirement and home, it doesn't matter as much. But I don't buy for a minute that it "all equals out" on the higher levels of income and assets, there are absolute...
by krb
Wed Dec 04, 2019 8:48 pm
Forum: Personal Finance (Not Investing)
Topic: How much money can retirees really save by moving to a state without income tax?
Replies: 143
Views: 11465

Re: How much money can retirees really save by moving to a state without income tax?

dodecahedron NY has an income tax, but has very generous tax breaks for retirees (especially government retirees) and it also decoupled from TCJA to allow more generous itemized deductions than the feds do. Therefore, depending on the composition of their income and deductions, a MFJ couple can eas...
by krb
Wed Dec 04, 2019 8:36 pm
Forum: Personal Investments
Topic: Vanguard brokerage won’t allow leveraged ETF purchase?
Replies: 43
Views: 1927

Re: Vanguard brokerage won’t allow leveraged ETF purchase?

What's all this discussion about "allowing" you to buy this or that? That's just nuts. If you go to the grocery store and they don't sell the thing you wanted, would you say "they won't allow me to buy it?" Of course not. This is nothing more than "they don't sell what I want". Looking at it as "no...
by krb
Wed Dec 04, 2019 8:35 pm
Forum: Personal Investments
Topic: Vanguard brokerage won’t allow leveraged ETF purchase?
Replies: 43
Views: 1927

Re: Vanguard brokerage won’t allow leveraged ETF purchase?

What's all this discussion about "allowing" you to buy this or that? That's just nuts. If you go to the grocery store and they don't sell the thing you wanted, would you say "they won't allow me to buy it?" Of course not. This is nothing more than "they don't sell what I want". Looking at it as "no...
by krb
Wed Dec 04, 2019 8:22 pm
Forum: Personal Investments
Topic: Vanguard brokerage won’t allow leveraged ETF purchase?
Replies: 43
Views: 1927

Re: Vanguard brokerage won’t allow leveraged ETF purchase?

krb, Just to keep things up-to-date and make it clear that it isn't just a Vanguard, thing, would you consider editing the thread title to something like "Vanguard and Fidelity won't allow leveraged ETF purchase?" You do this by going to your original post, clicking the pencil "edit" icon, and simp...
by krb
Wed Dec 04, 2019 3:32 pm
Forum: Personal Investments
Topic: Vanguard brokerage won’t allow leveraged ETF purchase?
Replies: 43
Views: 1927

Re: Vanguard brokerage won’t allow leveraged ETF purchase?

Oh I have no risk tolerance to put a substantial amount of assets in the plan. Just a little for kicks and giggles. So I just opened a fidelity account. Tried to place an order. They said can’t. Tried again. Can’t. I didn’t see the secret form you have to sign that says “you might think you’re reall...
by krb
Wed Dec 04, 2019 1:36 am
Forum: Personal Investments
Topic: Vanguard brokerage won’t allow leveraged ETF purchase?
Replies: 43
Views: 1927

Re: Vanguard brokerage won’t allow leveraged ETF purchase?

Brokerages decide what you can buy in them all the time. This page at vanguard talks about the product and how they don’t gibe with Vanguard’s philosophy. https://investor.vanguard.com/investing/leveraged-inverse-etf-etn The other 2 brokerages recommended here are fidelity and Schwab, whether they ...
by krb
Wed Dec 04, 2019 1:35 am
Forum: Personal Investments
Topic: Vanguard brokerage won’t allow leveraged ETF purchase?
Replies: 43
Views: 1927

Re: Vanguard brokerage won’t allow leveraged ETF purchase?

HEDGEFUNDIE wrote:
Wed Dec 04, 2019 1:23 am
Lots of us are using M1 Finance.
Why not fidelity?
by krb
Wed Dec 04, 2019 1:24 am
Forum: Personal Investments
Topic: Vanguard brokerage won’t allow leveraged ETF purchase?
Replies: 43
Views: 1927

Re: Vanguard brokerage won’t allow leveraged ETF purchase?

Just googled this... Vanguard to stop accepting purchases in leveraged and inverse investments FUND NEWSJANUARY 8, 2019 250 850 link to comment section More controls (activate to access) Beginning January 22, 2019, Vanguard clients will no longer be able to purchase leveraged or inverse mutual funds...
by krb
Wed Dec 04, 2019 1:17 am
Forum: Personal Investments
Topic: Vanguard brokerage won’t allow leveraged ETF purchase?
Replies: 43
Views: 1927

Vanguard brokerage won’t allow leveraged ETF purchase?

Hi everyone. So after reading everything I decided to throw a small amount of money into the leveraged ETF play money fund. To my surprise, my Vanguard brokerage said I cannot buy leveraged or inverse ETF’s (!). 1) Anyone know why? I get that some people might think it is a gamble but ... it’s not r...
by krb
Tue Dec 03, 2019 7:12 pm
Forum: Investing - Theory, News & General
Topic: How Far Will Dow Fall During Next Retraction
Replies: 60
Views: 4323

Re: How Far Will Dow Fall During Next Retraction

The Dow posted a high of just above 28,000. How far will the Dow fall during the next bear market? I just want an idea of what you all think because you all are super smart and I appreciate the advice on here. I invest every few weeks dollar cost average. I am hoping long haul that this strategy wi...
by krb
Tue Dec 03, 2019 4:53 pm
Forum: Personal Consumer Issues
Topic: Apps or structured program for reading the Bible?
Replies: 36
Views: 2080

Re: Apps or structured program for reading the Bible?

About 10 years ago I made it a goal to read the whole Bible every year. I read the DOUAY-RHEIMS Bible. It is longer than the King James. I would have to read four chapter a day to finish in a year. It was a few week quicker than a year but that was alright because a flu that might hit you. I starte...
by krb
Tue Dec 03, 2019 4:52 pm
Forum: Personal Consumer Issues
Topic: Apps or structured program for reading the Bible?
Replies: 36
Views: 2080

Re: Apps or structured program for reading the Bible?

Hi again. For the person who found Genesis boring ... same recommendation. Artscroll Chumash Stone edition or the Chabad Chumach, 5 volume set. Start with bereishis (Genesis). It is written in an easy to read format and the commentary is dynamite. I would also recommend strongly: Rabbi Fohrman's boo...
by krb
Tue Dec 03, 2019 11:43 am
Forum: Investing - Theory, News & General
Topic: [Dow] dropped 250 points today?
Replies: 105
Views: 8753

Re: S&P dropped 250 points today?

You have posted many times in the past week or so. I don't mean to be harsh but you should not invest in the stock market at this time. An old saying goes: "don't invest in things that you do not understand". I think you should study the history of stock market prices. The market goes up and down a...
by krb
Tue Dec 03, 2019 11:35 am
Forum: Investing - Theory, News & General
Topic: Why do you hold bonds in your portfolio?
Replies: 103
Views: 8759

Re: Why do you hold bonds in your portfolio?

I don't get why anyone should have less than 100% in equities 10 years before retirement. To help mitigate losses as one adjusts their AA to follow the glide path up to and into retirement... https://live.staticflickr.com/65535/48585414362_fc90d17ee5_o.png https://live.staticflickr.com/1741/4177290...
by krb
Tue Dec 03, 2019 11:32 am
Forum: Investing - Theory, News & General
Topic: Why do you hold bonds in your portfolio?
Replies: 103
Views: 8759

Re: Why do you hold bonds in your portfolio?

Stef wrote:
Mon Dec 02, 2019 7:13 am
I don't get why anyone should have less than 100% in equities 10 years before retirement.
Totally agree. People here seem risk averse though, more bonds than I would expect for a given time from retirement.
by krb
Mon Dec 02, 2019 10:10 pm
Forum: Personal Investments
Topic: Question about S Corp salary vs profit (no medicare/ss tax) and deductions
Replies: 13
Views: 650

Re: Question about S Corp salary vs profit (no medicare/ss tax) and deductions

I agree with all of the above. These are questions you really need to ask your CPA. I would also want to make sure that you are maximizing your retirement benefits. If you are grossing that much you should certainly have a defined benefit plan which will allow you to sock away let’s say $200,000 per...
by krb
Mon Dec 02, 2019 10:04 pm
Forum: Personal Consumer Issues
Topic: Apps or structured program for reading the Bible?
Replies: 36
Views: 2080

Re: Apps or structured program for reading the Bible?

Answer: yes. Every sabbath jews read one potion of the Torah so that after one year the cycle is complete. If it does not hold your attention I highly recommend either the stone Chumash (named after the donor who sponsored it) from artscroll or the Chabad version from kehot (I believe kehotonline.co...
by krb
Mon Dec 02, 2019 6:37 pm
Forum: Personal Investments
Topic: Invest cash in conservative manner until next recession
Replies: 118
Views: 10123

Re: Invest cash in conservative manner until next recession

Not a good idea. Even if a recession comes, it will be after the market has run up 30-40 percent. It would be better to invest to you asset allocation. You say this with as much confidence as the OP says there will be a recession. What makes you think we will get a "run up" of 30-40 percent? Isn't ...
by krb
Mon Dec 02, 2019 6:36 pm
Forum: Personal Investments
Topic: Invest cash in conservative manner until next recession
Replies: 118
Views: 10123

Re: Invest cash in conservative manner until next recession

Equities and imaginary or paper gains and losses until you sell and a larger amount at the end , or bonds and much less volatility but a much smaller amount at the end . Depends on time in the market and risk tolerance. I continue to question the above assertion..regardless of how much time one wan...
by krb
Mon Dec 02, 2019 6:33 pm
Forum: Personal Investments
Topic: Invest cash in conservative manner until next recession
Replies: 118
Views: 10123

Re: Invest cash in conservative manner until next recession

Equities and imaginary or paper gains and losses until you sell and a larger amount at the end , or bonds and much less volatility but a much smaller amount at the end . Depends on time in the market and risk tolerance. I continue to question the above assertion..regardless of how much time one wan...
by krb
Mon Dec 02, 2019 5:31 pm
Forum: Personal Investments
Topic: Invest cash in conservative manner until next recession
Replies: 118
Views: 10123

Re: Invest cash in conservative manner until next recession

Equities and imaginary or paper gains and losses until you sell and a larger amount at the end , or bonds and much less volatility but a much smaller amount at the end . Depends on time in the market and risk tolerance. I continue to question the above assertion..regardless of how much time one wan...
by krb
Mon Dec 02, 2019 4:42 pm
Forum: Personal Investments
Topic: Leveraged ETF's
Replies: 16
Views: 960

Re: Leveraged ETF's

I wouldn't call it gamble. It's well thought out. Index investing with more risk. True ... but if it's 3X leveraged and the market goes down 33% in one day I would think the account is wiped out. I was thinking gambling in termos of only buying the 3X. In terms of HIS strategy Hopefully the balanci...
by krb
Mon Dec 02, 2019 3:48 pm
Forum: Personal Investments
Topic: Leveraged ETF's
Replies: 16
Views: 960

Re: Leveraged ETF's

Hedgefundie's adventures are pretty amazing. Interesting gamble... And fun to follow.
by krb
Mon Dec 02, 2019 3:23 pm
Forum: Personal Investments
Topic: Leveraged ETF's
Replies: 16
Views: 960

Re: Leveraged ETF's

Another advantage of an ETF is that if the fund provider goes bust you still own the underlying assets. OP, just to expand on this point...I know sometimes terms can be used loosely & if you aren't familiar you may not realize when important. if you should be considering a "ETN", that is different ...
by krb
Mon Dec 02, 2019 3:22 pm
Forum: Personal Investments
Topic: Leveraged ETF's
Replies: 16
Views: 960

Re: Leveraged ETF's

Another advantage of an ETF is that if the fund provider goes bust you still own the underlying assets. OP, just to expand on this point...I know sometimes terms can be used loosely & if you aren't familiar you may not realize when important. if you should be considering a "ETN", that is different ...
by krb
Mon Dec 02, 2019 11:11 am
Forum: Personal Investments
Topic: Leveraged ETF's
Replies: 16
Views: 960

Leveraged ETF's

Hi everyone. I may or may not have heard of these before they were brought up recently. I read the wiki that is pretty anti. I get that these are not "extra concentrated" SP500 funds or what have you and that they use complex (to me) financial instruments to try to get 2X or 3X whatever the market d...
by krb
Sun Dec 01, 2019 8:10 pm
Forum: Personal Finance (Not Investing)
Topic: High income and college costs question
Replies: 317
Views: 14174

Re: High income and college costs question

OK that's funny. This does not concern me at all. My oldest is almost three years out of college with a BA and is doing very well. Just bought a house with 20 percent down, and has been identified to be on the "executive track." My husband has a BA from a state school and makes more than almost all...