Search found 40 matches
- Thu Mar 12, 2009 9:31 am
- Forum: Personal Consumer Issues
- Topic: What are the jobs of the future
- Replies: 58
- Views: 10484
Re: What are the jobs of the future
I worked in the IT field as a software engineer. Over the years, I have shifted from technology to technology. One of my co-worker often wonder why I often take assignments in area I know nothing about. This is partly because I have a thirst for knowledge, and partly because I want to survive. The IT field is ever changing. t's adapt or die. My wife does not quite understand why I am constantly playing around with new things on the computer. She studies bones that are over 65 million years old and is not going any where. While the IT field is challenging, rewarding, and pays relatively well. I am wondering if it will last forever. If you have to go back to school, what sort of fields would you look into? What are the jobs of the future, I ...
- Fri Mar 06, 2009 2:32 pm
- Forum: Investing - Theory, News & General
- Topic: Reasons to be cheerful
- Replies: 57
- Views: 9563
Re: Cheerful
WOW! Congrats on quiting to smoke and on your grandaughter. Really puts things into perspective.Paul@ wrote:My retirement is delayed by a least a year because of all this, and will probably be a little poorer, anyway.
But that's fine. I'm still cheerful, because on 9/11/01 I left the 78th floor of the WTC South Tower about four minutes before a plane wing went through it.
And since then, I've gained a beautiful grandaughter and finally succeeded in quitting smoking.
I've got perspective....
- Sat Nov 15, 2008 9:44 am
- Forum: Personal Consumer Issues
- Topic: The NEW Wall Street Dictionary
- Replies: 1
- Views: 810
The NEW Wall Street Dictionary
1. The problem with investment bank balance sheets is that... "On the left side, nothing is right. On the right, nothing is left." 2. There are 30 billion prime numbers below 700 billion. The rest are all subprime. 3. How do u define optimism? A banker who irons 5 shirts on a Sunday. 4. For geography students: Q.: What's the capital of Iceland? A.: About three pounds fifty. 5. Whats the difference between a guy who just lost everything in Vegas and an investment banker? A tie. 6. Whats the difference between a bond and a bond trader? A bond matures, A trader doesn't. NEW STOCK MARKET TERMS . . . CEO --Chief Embezzlement Officer. CFO-- Corporate Fraud Officer. BULL MARKET -- A random market movement causing an inv...
- Fri Jul 25, 2008 3:23 pm
- Forum: Personal Consumer Issues
- Topic: Cocktails for the Lounge
- Replies: 42
- Views: 9692
- Mon Nov 12, 2007 6:22 pm
- Forum: Investing - Theory, News & General
- Topic: The Expected Value Premium --- 2007
- Replies: 92
- Views: 23126
And you can sleep well at night? :shock: My DFA SCV position is 40% of my total portfolio. No, I do not have any problems sleeping! :) However, my portfolio is only in the low six figures (I'm 29), so I don't have as much to lose as others would. I also have a very stable job (military), so I'm not as vulnerable to the economic cycle as others might be. Even though academic research looking at past data may declare that SCV has a superior risk-return profile, how can you be so sure the future will play out the same? I can't be sure. Can anyone? OTOH, what I can be sure of is that the markets are mostly efficient, and that risk and reward are intertwined. Small and value are expected to outperform "growthier" equities due to the i...
- Mon Oct 29, 2007 11:20 am
- Forum: Personal Consumer Issues
- Topic: Question for Lawyers & Business Professionals - JD/MBA
- Replies: 34
- Views: 11091
I would say it depends on the type of law you want to pursue. My brother recently graduated from UPenn Law and will be doing M&A in NY at a large firm. Two of his friends are also doing M&A at large firms (Wachtell/Lipton/Rosen/Katz and Simpson/Thatcher/Bartlett) but graduated from UPenn with JD/MBA degrees. They were financially rewarded handsomely for there MBA. A partner at Wachtell/Lipton/Rosen/Katz asked his friend how he remains in contact with his MBA counterparts. I take this to mean that they are basically buying him for his rolodex of contacts, hoping one day he will steer business into the firms direction with his MBA contacts.
- Tue Oct 23, 2007 12:34 pm
- Forum: Personal Finance (Not Investing)
- Topic: Craigslist Meets WallStreet…Classic
- Replies: 22
- Views: 20038
And the story continues as seen below. Rebuttal from the women To the gentleman who called me a depreciating asset -------------------------------------------------------------------------------- Date: 2007-10-11, 8:23AM EDT Dear Sir, I must confess that I was somewhat taken aback upon reading your email. Indeed, it has taken some time for me to sufficiently recuperate from my surprise. Lest your confidence quickly inflate for little reason (as we know is the predisposition for Wall St. types), allow me to hasten to reassure you that the source of my surprise was neither your candor nor the accuracy of your perception. Indeed, it is your "claimed" success in light of your poor grasp of economics which has me baffled. If the standa...
- Thu Sep 27, 2007 5:26 pm
- Forum: Personal Investments
- Topic: Question on Converting to Roth IRA
- Replies: 31
- Views: 5958
- Thu Sep 27, 2007 5:00 pm
- Forum: Personal Investments
- Topic: Question on Converting to Roth IRA
- Replies: 31
- Views: 5958
When you convert your Deductible Traditional IRA to a Roth IRA, I know you have to pay federal and state withholding taxes. Do you also have to pay social security and Medicare taxes as well? If we do have to pay social security and Medicare taxes, do we have to pay just the half that employees pay or both sides of the tax ( 7.65% vs. 15.3% )?
P.S.
This Traditional IRA was from a 401K rollover.
Thanks
P.S.
This Traditional IRA was from a 401K rollover.
Thanks
- Tue Sep 25, 2007 4:52 pm
- Forum: Personal Finance (Not Investing)
- Topic: what do you drive? conservative or spendy?
- Replies: 99
- Views: 42449
I drive a Honda Civic. 110k miles.
On another forum I frequent (bobistheoilguy) a plastic surgeon has many of the cars people here dream about:
1.) Ferrari Enzo
2.) Maybach
3.) lamborghini murcielago
4.) Ferrari 550
5.) Ford Explorer
6.) Mercedes ???
7.) One heck of a garage
Click here for forum topic #1.
Click here for forum topic #2.
On another forum I frequent (bobistheoilguy) a plastic surgeon has many of the cars people here dream about:
1.) Ferrari Enzo
2.) Maybach
3.) lamborghini murcielago
4.) Ferrari 550
5.) Ford Explorer
6.) Mercedes ???
7.) One heck of a garage
Click here for forum topic #1.
Click here for forum topic #2.
- Thu Aug 30, 2007 2:05 pm
- Forum: Personal Consumer Issues
- Topic: Eyeglasses online
- Replies: 32
- Views: 14487
I have ordered 3 times from ZenniOptical and have had nothing but a good experience with them.The same rimless glasses lenscrafters tried to sell me for ~$310 after tax and all the options for some calvin kleins, was ~$41 shipped. The ONLY difference was there was no emblem saying calvin klein on them (CK). Other then that they look exactly the same.
- Mon Aug 27, 2007 10:15 pm
- Forum: Investing - Theory, News & General
- Topic: Simba's backtesting spreadsheet [a Bogleheads community project]
- Replies: 1367
- Views: 821445
Nominal would be the value of your Asset Allocation at the time specified in the spreadsheet.richrf wrote:Hi all,
This is my first post.
Can someone briefly explain to me the differences in how Nominal and Real Growth are calculated in this spreadsheet model? Appreciate it.
Rich
Real Value specifies the value of the dollar amount in today’s time (accounting for inflation).
- Mon Jun 18, 2007 10:40 am
- Forum: Personal Finance (Not Investing)
- Topic: Opera singer on Britain’s Got Talent
- Replies: 30
- Views: 14733
- Sun Jun 17, 2007 5:39 pm
- Forum: Personal Finance (Not Investing)
- Topic: Opera singer on Britain’s Got Talent
- Replies: 30
- Views: 14733
- Fri Jun 15, 2007 11:58 pm
- Forum: Personal Finance (Not Investing)
- Topic: Opera singer on Britain’s Got Talent
- Replies: 30
- Views: 14733
Seem he has his a fan site following which can be found HERE. Seems like life has thrown him some hard knocks. He had cancer, and days after recovering he was knocked off his bike and broke a collarbone.
- Fri Jun 15, 2007 9:46 pm
- Forum: Personal Finance (Not Investing)
- Topic: Opera singer on Britain’s Got Talent
- Replies: 30
- Views: 14733
Well Paul Potts did it again. HERE he is in the semi-finals. I have a feeling he will win.
- Wed Jun 13, 2007 6:10 pm
- Forum: Personal Finance (Not Investing)
- Topic: Opera singer on Britain’s Got Talent
- Replies: 30
- Views: 14733
HERE is Pavarotti singing the same song(Nessun Dorma).
- Wed Jun 13, 2007 12:27 am
- Forum: Personal Finance (Not Investing)
- Topic: Opera singer on Britain’s Got Talent
- Replies: 30
- Views: 14733
Opera singer on Britain’s Got Talent
HERE is a phone salesman who no one took serious till he opened his mouth. I am not one for opera but this blew me away. I hope he wins.
- Sat Jun 09, 2007 5:48 pm
- Forum: Personal Finance (Not Investing)
- Topic: Man amputates own leg to get free of fallen tree
- Replies: 1
- Views: 1410
Man amputates own leg to get free of fallen tree
Here is an incredible article on MSNBC. I dont know if I would have the guts to do this to myself.
- Sat Jun 09, 2007 2:12 am
- Forum: Investing - Theory, News & General
- Topic: Boglehead survey: Is Social Security A Good Thing?
- Replies: 171
- Views: 68222
- Fri Jun 01, 2007 9:40 am
- Forum: Personal Investments
- Topic: Question on my AA. Thanks
- Replies: 22
- Views: 8710
I continue to learn and for that reason I am set on this asset allocation.
I saw the following posting many times in the forums.
Thanks for the responses and I am now confident in my AA.
I saw the following posting many times in the forums.
Code: Select all
Here is a list of securities in approximate order of their tax-efficiency. (Least tax efficient at the top.):
Hi-Yield Bonds
Taxable Bonds
TIPS
REIT Stocks
Stock trading accounts
Small-Value stocks
Small-Cap stocks
Large Value stocks
International stocks
Large Growth Stocks
Most stock index funds
Tax-Managed Funds
EE and I-Bonds
Tax-Exempt Bonds
- Thu May 31, 2007 10:56 am
- Forum: Personal Investments
- Topic: Question on my AA. Thanks
- Replies: 22
- Views: 8710
Since I'm in it for the long term (at least 37 years before retiring), then I could handle the ups and downs of the market without worrying.
So:
1.) Are LCB, SCB, and International the right choices for a taxable account? Should I instead put VWO in the taxable for possible tax harvesting (due to its volatility)?
2.) What is the order of the tax efficiency of the Asset Styles above?
Thanks
So:
1.) Are LCB, SCB, and International the right choices for a taxable account? Should I instead put VWO in the taxable for possible tax harvesting (due to its volatility)?
2.) What is the order of the tax efficiency of the Asset Styles above?
Thanks
- Thu May 31, 2007 7:24 am
- Forum: Personal Investments
- Topic: Question on my AA. Thanks
- Replies: 22
- Views: 8710
I chose this amount of emerging markets because I think that in the future those countries will make up a greater % of the global economy then they currently do today. I also believe they will be a big demand in those countries for resources domestically to grow (as is happening in India/China with the need for more oil). Additionally, our economy is changing to become more global. There are many skilled labor jobs being transferred overseas due to cheaper skilled labor costs.
- Wed May 30, 2007 10:10 pm
- Forum: Personal Investments
- Topic: Question on my AA. Thanks
- Replies: 22
- Views: 8710
- Wed May 30, 2007 10:54 am
- Forum: Personal Investments
- Topic: Question on my AA. Thanks
- Replies: 22
- Views: 8710
After doing some research and reading some more I have decided to take a slice and dice approach. I am contemplating the following: Brok Vanguard Large Cap VV 10.58% Vanguard Small Cap VB 10.58% Vanguard FTSE All-World ex-US ETF VEU 9.96% Roth Vanguard Emerging Markets ETF VWO 4.37% Vanguard FTSE All-World ex-US ETF VEU 10.21% T-IRA WisdomTree International SmallCap Div DLS 10.73% Rydex S&P 500 Pure Value RPV 10.73% Rydex S&P Smallcap 600 Pure Value ETF RZV 10.73% Vanguard Emerging Markets ETF VWO 6.13% CPS Vanguard TIPS VIPSX 7.98% Vanguard Inter. Bonds VFITX 7.98% Asset Style Target % Current % LCB 10% 10.58% LCV 10% 10.73% SCB 10% 10.58% SCV 10% 10.73% Int. 20% 20.17% ISV 10% 10.73% Emer. 10% 10.51% TIPS 10% 7.98% Interm. Bonds 1...
- Wed May 30, 2007 9:15 am
- Forum: Personal Finance (Not Investing)
- Topic: Credit Scores
- Replies: 5
- Views: 2303
Re: Credit Scores
Tom,tomser wrote:I have a very good credit scores at three agencies with average 800.
I just wonder any impact on my credit scores if I open up a large amounts of home equity line of credit against my home with BOA ( around 450k ) with zero balance for years for rainy days.
Any comments or experiences
best wishes
tom
Head over to this forum and see how home equity lines affect your credit. I have one on my condo and it does NOT negatively affect my credit. The only negative to it is the inquiry that might lower your score 5-7 points. Other then that you are not affected that much. My credit dropped 8 points (819 to 812) from 1 month to the next on my credit reports. You have a high enough credit score it won't affect anything.
- Thu May 24, 2007 9:24 pm
- Forum: Personal Investments
- Topic: Marriage, Retirement, Debts, and Emergency Fund, Oh MY!
- Replies: 26
- Views: 8198
Re: Marriage, Retirement, Debts, and Emergency Fund, Oh MY!
Hi all, Basically my subject line should sum up a few problems I am facing with some majorly hard decisions. Well here is the Laundry list: 1. I have $75k in student loans a. $37k in 8.25%~9.75% variable Private Sallie Rip-off Mae loans b. The rest is in a consolidated 4.25% fixed Fed loans. 2. $5k in CC debt with 0% interest (Basically the card transfer game). a. I calculate it will take me about 2 years to pay this off. 3. I am getting married September 28, 2007 4. I am investing about 5% of my income into my Vanguard Roth IRA 5. Another 3% goes to my Vanguard tax-exempt MM for emergencies 6. Atleast 2% of my income goes to charity 7. 3% of my income goes into a state pension for the next 9.5 yrs. 8. I rent and want to own a home. Basica...
- Wed May 23, 2007 12:53 pm
- Forum: Personal Investments
- Topic: Protection against identity theft?
- Replies: 27
- Views: 10829
Re: Protection against identity theft?
I once had an unknown person open up a cellphone account in my name and SSN with a phony address, and run up $400 in bills...I eventually ended up just paying the $400 to get my good credit back. I can understand why you paid the $400. I'm sure it was the most expedient way to get your mortgage. However, did it really get your good credit back, or did it simply cement on your credit record a debt that went unpaid until it reached collections? And, that person still has your personal information (and probably many other people too). So what's to keep them from doing it again? Since you paid the bogus debt, does that compromise your ability for fraud alerts because of it? Bob I worried about this, but when I paid, I sent letters and also dem...
- Wed May 23, 2007 12:50 pm
- Forum: Personal Investments
- Topic: Protection against identity theft?
- Replies: 27
- Views: 10829
Just wanted to comment on this because I have been using TrueCredit (through myprivacymatters.com) to monitor my credit. I have been doing so since April 2005 when ChoicePoint notified me that information containing my personal Info (SSN, Name, and Address) was breached. I was one of the luck 145k people who got this letter in the mail. My information was held by ChoicePoint because that is who investigators were using to do my background investigation for one of my clearances. As if that wasn’t enough 2 Months later in May/June I learned from TD Ameritrade that I again was one of the lucky ones who’s personal information was lost in the mail when they mailed out data backup tapes from one of there locations to another. I would recommend if...
- Thu May 17, 2007 10:54 am
- Forum: US Chapters
- Topic: Archived master thread for Washington DC Area Bogleheads
- Replies: 174
- Views: 84939
- Wed May 16, 2007 2:08 am
- Forum: Personal Finance (Not Investing)
- Topic: Are you a professional poster?
- Replies: 19
- Views: 6422
Re: Not Professional or Retired
I could have sworn you were a finanicial planner from reading your posts. You have helped many including myself.Laura wrote:SmallHi,
I can only speak for myself but I am not retired or a financial professional of any sort.
Laura
Thanks
- Tue Apr 17, 2007 11:01 am
- Forum: Personal Finance (Not Investing)
- Topic: Real Estate Book
- Replies: 3
- Views: 2053
XtremeSki2001,
I would recommend Real Estate Investing for Dummies. You could probably find it at your local library. This is a good book to start with. It talks about finding properties, how to project your income and cashflow, how to find and keep good tenants, etc.
This will give you a good understanding of real estate and what is involved with most aspects of it.
I would recommend Real Estate Investing for Dummies. You could probably find it at your local library. This is a good book to start with. It talks about finding properties, how to project your income and cashflow, how to find and keep good tenants, etc.
This will give you a good understanding of real estate and what is involved with most aspects of it.
- Mon Apr 09, 2007 3:06 pm
- Forum: Personal Investments
- Topic: Question on my AA. Thanks
- Replies: 22
- Views: 8710
- Sun Apr 08, 2007 1:05 pm
- Forum: Personal Investments
- Topic: Question on my AA. Thanks
- Replies: 22
- Views: 8710
Re: Looks Good
Laura,Laura wrote:MDIndexer,
I think your updated portfolio looks great. You also said:
Just make sure you don't decide to pull money out of the IRA to pay it off. You don't want to pay the penalty or the taxes. I don' think you meant this with your comment but just in case I needed to clarify what I said earlier.When I do the rollover I will also look into paying off the 7.375% loan.
Laura
Sorry for the confusion. I meant that I would pull $$$ out of my taxable account to pay it off. Also, wouldn't that throw off my AA? Instead of 50K in the Vanguard Total Stock Mkt Idx, I would have 20K.
Thanks again.
- Sun Apr 08, 2007 12:07 pm
- Forum: Personal Investments
- Topic: Question on my AA. Thanks
- Replies: 22
- Views: 8710
I've updated the Asset Allocation for Roth and Traditional around a little so I have at least 10K in each fund. This way I don’t get charged a maintenance fee from Vanguard.
Taxable:
VTSMX(Vanguard Total Stock Mkt Idx) $49,500
Roth:
VGTSX(Vanguard Total Intl Stock Index) $24,850
Traditional IRA (Rollover):
VISVX(Vanguard Small Cap Value Index) $16,500
VGSIX(Vanguard REIT Index) $16,500
VGTSX(Vanguard Total Intl Stock Index) $16529
VFITX(Vanguard Interm-Term U.S. Treas Bond) $16,400
Current 401K:
VIPSX(Vanguard Inflation-Protected Secs) $24,979
When I do the rollover I will also look into paying off the 7.375% loan.
Thanks again.
Taxable:
VTSMX(Vanguard Total Stock Mkt Idx) $49,500
Roth:
VGTSX(Vanguard Total Intl Stock Index) $24,850
Traditional IRA (Rollover):
VISVX(Vanguard Small Cap Value Index) $16,500
VGSIX(Vanguard REIT Index) $16,500
VGTSX(Vanguard Total Intl Stock Index) $16529
VFITX(Vanguard Interm-Term U.S. Treas Bond) $16,400
Current 401K:
VIPSX(Vanguard Inflation-Protected Secs) $24,979
When I do the rollover I will also look into paying off the 7.375% loan.
Thanks again.
- Sat Apr 07, 2007 7:42 pm
- Forum: Investing - Theory, News & General
- Topic: What's your current FICO score?
- Replies: 39
- Views: 18678
Re: What's your current FICO score?
There are 3 types of credit scores. I'm asking specifically about FICO (aka Fair Isaac & Co.) score. I get mine for free every month by having a Providian Visa, which is a nice Boglehead-friendly way to keep tabs on my credit score. :idea: 819 currently. I applied for the Providian card solely to monitor credit. On a side note, I saw a thread on Credit Cards and some people telling others to lower there limit or close there account. That’s the worst thing to do. In the last year and a half my credit jumped ~140 points due to less utilization. I also have more credit lines reporting with a greater variety of sources (Bank cards, Store cards, Mortgages, Car loan (which is paid), etc). P.S. the highest you can get is 850. http://img337.im...
- Sat Apr 07, 2007 9:01 am
- Forum: Personal Investments
- Topic: Question on my AA. Thanks
- Replies: 22
- Views: 8710
Laura, 1. Do you have any debt other than your mortgage? Car loans, CC debt, student loans? If yes, you might want to work on paying them down first. No. I only have 2 mortgages on my property. A 160K loan at 5.875% 30 year fixed, and a 30K Loan at 7.375% also fixed over 30 years but it’s a balloon payment at 15 years. I have a civic that I just paid off and will have for a couple more years. I paid off my school loans and have no credit card debt. 2. Do you have any other major expenses coming up like the need for a new car? If yes, make sure and put some money aside for that now so you can pay cash. I am hoping to buy another Real Estate Property in the next 2 years. This is the only expense I have coming up in the future. 1. Are you movi...
- Sat Apr 07, 2007 8:35 am
- Forum: Personal Investments
- Topic: Question on my AA. Thanks
- Replies: 22
- Views: 8710
Re: Risk and reward
If your returns do not approach 12%, do you plan to increase your risk? I would be willing to change my portfolio to assume more risk right now. I picked 30% as a general number but I have already lost money trading stocks on my own with play money (about 10K). I learned quickly I can’t time and outwit the markets. Even when I lost that money I would sleep great. I actually looked forward to figuring out other techniques for investing after this. I have a pretty high threshold for pain. My Dad ingrained in me from a young age to "Set it and forget it". He said this in regards to maxing out retirement contributions and learning to live with the rest. If the market lost 50% today would I panic, no way. I know it’s hard to believe b...
- Sat Apr 07, 2007 8:06 am
- Forum: Personal Investments
- Topic: Question on my AA. Thanks
- Replies: 22
- Views: 8710
Some exerpts from http://www.evansonasset.com/index.cfm/Page/13.htm Dr. Jeremy Siegel, Professor of finance at Wharton, and author of the very popular book, "Stocks for the Long Run" (1998), presents a thorough analysis of stock market data showing that stocks returned about 7% above inflation for the past two hundred years But, very long-term statistics often conceal problems which may arise for investors with portfolios heavily allocated to stocks. (1) The long run can turn out to be extraordinarily long, far longer than an investor's investment horizon. (2) Real returns differ substantially depending upon time of market entry (3) Although extensive research indicates that the stock market cannot be accurately timed (Sherden, T...
- Fri Apr 06, 2007 11:17 pm
- Forum: Personal Investments
- Topic: Question on my AA. Thanks
- Replies: 22
- Views: 8710
Question on my AA. Thanks
Some basic information: * I’m 28 years old * I will re-balance my funds once a year. * - I will generally never try and touch my taxable funds and instead try and invest more in my taxable accounts when rebalancing to try and lower Uncle Sams share of my pie. * I plan to retire at 65 but still work part time. I can’t ever see myself fully retired, I would go nuts. * I have 4 Accounts with mutual funds in them. Three are held by Ameritrade (I know I was crazy and stupid), and my 401K is held by my employer. * I have 6 months cash reserve in case of emergency. * I have ~$50K Equity in my condo. * Would like to achieve at least 12% avg. My Current Portfolio is as follows: Traditional IRA (Rollover): EUROX $XXX HDPMX $XXX HRSVX $XXX RYOTX $XXX ...