Search found 764 matches

by monkey_business
Sat May 16, 2020 11:58 pm
Forum: Personal Investments
Topic: Why international?
Replies: 636
Views: 40743

Re: Why international?

I think folks get a bit too carried away analyzing the performance of domestic vs international while ignoring the all important diversification and reduction of risk. The main reason to invest in international, in my opinion, is to not have all your eggs in the US basket. Perhaps it will remain the...
by monkey_business
Thu Apr 09, 2020 2:11 pm
Forum: US Chapters
Topic: Bogleheads community discussion - Coronavirus
Replies: 1653
Views: 72360

Re: Bogleheads community discussion - Coronavirus

According to Table 5 on page 14 in this April 4 2020 study: 1) about 1/4 of younger patients (age 26-49) admitted to ICU died; and 2) about 1/2 of persons who died in ICU lacked any severe comorbitities. ICNARC Study of Covid-19 in Critical Care . It is not true that "Coronavirus almost exclusively...
by monkey_business
Tue Apr 07, 2020 10:37 am
Forum: Investing - Theory, News & General
Topic: Coronavirus and the market
Replies: 3949
Views: 296766

Re: Coronavirus and the market

What happens to the market in an environment where a contagious disease that seems to have a 10% mortality rate left unchecked .... Source? 10% is what you’re seeing in Italy, France, Spain and other countries that didn’t see this coming. Countries that implemented social distancing much earlier ar...
by monkey_business
Tue Apr 07, 2020 9:42 am
Forum: Investing - Theory, News & General
Topic: Coronavirus and the market
Replies: 3949
Views: 296766

Re: Coronavirus and the market

What happens to the market in an environment where a contagious disease that seems to have a 10% mortality rate left unchecked and can possibly reinfect people like the common cold is around permanently and the only way to deal with it is permanent social distancing or permanent regular periods of ...
by monkey_business
Sun Apr 05, 2020 4:03 pm
Forum: US Chapters
Topic: Bogleheads community discussion - Coronavirus
Replies: 1653
Views: 72360

Re: Bogleheads community discussion - Coronavirus

The coronavirus outbreak could cost 47 million jobs next quarter, according to estimates by the Federal Reserve Bank of St. Louis. That would translate to an unemployment rate of 32.1%, well above the 24.9% rate it was at during the Great Depression. At some point the question might be "What is wor...
by monkey_business
Thu Apr 02, 2020 1:32 pm
Forum: US Chapters
Topic: [Archived] Bogleheads community discussion - Coronavirus
Replies: 4963
Views: 190810

Re: Bogleheads community discussion - Coronavirus

I haven't seen discussion of the secondary effect of prolonged sheltering in place. That is the rise in sedentary diseases which fuel those other pandemic diseases of diabetes, prediabetes, hypertension, gout, obesity. With about 100 million at-risk in the US, one can imagine at some point these pr...
by monkey_business
Wed Mar 25, 2020 5:27 pm
Forum: Personal Consumer Issues
Topic: How are you supporting your community?
Replies: 60
Views: 3075

Re: Bogleheads, I have a patriotic ask of you

The chance of death for this demographic is incredibly small, unless serious preexisting conditions are present. Making young medical professionals, some of whom are already anxious and stressed out, worry about dying right now is not productive, IMO. I would avoid sending any such lists and instead...
by monkey_business
Mon Mar 23, 2020 6:53 pm
Forum: Investing - Theory, News & General
Topic: It's Not Different This Time
Replies: 348
Views: 31209

Re: It's Not Different This Time

When we talk about This Time It's Different, we need to define what "It" is. In my view, It, aside from being Pennywise, the murderous demon clown, is the reason why capitalism is successful. It, is the desire and the drive of people all over, to create products and services for others, and to make ...
by monkey_business
Sun Mar 22, 2020 11:56 pm
Forum: Personal Investments
Topic: Selling 100% stocks on a bounce
Replies: 207
Views: 17098

Re: Selling 100% stocks on a bounce

Investors who are short sighted will say that it's too late to sell because of the recent crash. The reality is that in my case, it's equivalent to moving to a much safer allocation after gains in 2016. Investors who are short sighted also rationalize their panic selling in down markets. +1 +10 +10...
by monkey_business
Sun Mar 01, 2020 3:04 pm
Forum: Investing - Theory, News & General
Topic: Coronavirus and the market
Replies: 3949
Views: 296766

Re: Coronavirus and the market

GETTING THE FLU SUCKS. Omg I’m so tired of reading “don’t worry it’s just like the flu”. People die from the flu. There’s a flu vaccine and yet, a lot of people still die from it. So what if there was a pathogen that spread like the flu, had a higher mortality rate and yet there was no vaccine ? Li...
by monkey_business
Thu Feb 06, 2020 3:55 pm
Forum: Personal Investments
Topic: How much REIT in portfolio?
Replies: 50
Views: 3226

Re: How much REIT in portfolio?

I had 10%, split 50/50 between domestic and international a while back. I didn't feel like adding to it to keep it at 10%, and over time it became less than 5% as the rest of my portfolio grew. I then reduced it to 0% as having <5% was not worthwhile.
by monkey_business
Fri Jan 31, 2020 1:22 pm
Forum: Personal Consumer Issues
Topic: Mazda 3 v Civic Si
Replies: 46
Views: 2790

Re: Mazda 3 v Civic Si

The GTI is a great choice but if long-term reliability is high on the list, the Mazda and the Civic win.
by monkey_business
Sat Jan 18, 2020 12:57 pm
Forum: Personal Finance (Not Investing)
Topic: Engineers - What are you making? ($$$)
Replies: 357
Views: 43499

Re: Engineers - What are you making? ($$$)

Folks, My observation/opinion in terms of pay. There are 3 levels of engineer's pay: 1) 60K to 80K 2) 80K to 120K 3) 120K to 150K This is about what my company pays: 70-85k for Engineer/Senior Engineer 90-125k for Principal Engineer 135-160k for Fellow Engineer This is for ME/EE/NE/CE which are mos...
by monkey_business
Fri Jan 03, 2020 12:51 pm
Forum: Investing - Theory, News & General
Topic: Shiller: Homeownership is a bad investment
Replies: 480
Views: 65198

Re: Shiller: Homeownership is a bad investment

It all depends on the definition of investment . According to Mirriam-Webster, the word "investment" means: the outlay of money usually for income or profit According to Dictionary.com, it means: the investing of money or capital in order to gain profitable returns, as interest, income, or apprecia...
by monkey_business
Fri Jan 03, 2020 12:40 pm
Forum: Investing - Theory, News & General
Topic: Now is a good time to start tracking your net worth.
Replies: 123
Views: 11361

Re: Now is a good time to start tracking your net worth.

Why do I need to know my net worth? Why should I care? You don't need to know your net worth, and there is no reason for you to care. However, tracking net worth seems to be an activity that many bogleheads find entertaining. If they enjoy it, let them do it. But please don't tell us that we *ought...
by monkey_business
Wed Jan 01, 2020 6:46 pm
Forum: Investing - Theory, News & General
Topic: Shiller: Homeownership is a bad investment
Replies: 480
Views: 65198

Re: Shiller: Homeownership is a bad investment

It all depends on the definition of investment . According to Mirriam-Webster, the word "investment" means: the outlay of money usually for income or profit According to Dictionary.com, it means: the investing of money or capital in order to gain profitable returns, as interest, income, or appreciat...
by monkey_business
Mon Dec 23, 2019 1:06 pm
Forum: Personal Finance (Not Investing)
Topic: HSA Transfer Timing
Replies: 1
Views: 192

HSA Transfer Timing

I've looked around and could not find a clear answer to this. If I transfer funds from one HSA to another via a distribution at the end of the year, such as right now, does it matter if the official rollover doesn't happen until next year? For example, suppose I request a distribution for $1,000 fro...
by monkey_business
Thu Dec 19, 2019 11:31 am
Forum: Personal Finance (Not Investing)
Topic: Shopping for Mortgage.
Replies: 7
Views: 574

Re: Shopping for Mortgage.

You can also submit the loan estimate to Better.com. They have a guarantee that they can beat an offer by $1,000, or they pay you $1,000. It worked well for us.
by monkey_business
Tue Dec 17, 2019 9:11 am
Forum: Personal Consumer Issues
Topic: 2019 VW GTI or Hyundai Elantra GT N?
Replies: 43
Views: 1748

Re: 2019 VW GTI or Hyundai Elantra GT N?

Make sure you research stall issues with the 2019 GTIs.
by monkey_business
Thu Nov 07, 2019 2:46 pm
Forum: Personal Finance (Not Investing)
Topic: Mortgage to prepay or not prepay
Replies: 83
Views: 7363

Re: Mortgage to prepay or not prepay

If you believe that paying off a mortgage is best, why wouldn't you use the entire $700 toward paying it off? And if you believe that paying off a mortgage isn't best, why would you use any of it toward paying it off? That's a false dichotomy. You could also believe that you would like to pay off t...
by monkey_business
Thu Nov 07, 2019 12:17 pm
Forum: Personal Finance (Not Investing)
Topic: Mortgage to prepay or not prepay
Replies: 83
Views: 7363

Re: Mortgage to prepay or not prepay

My reasons for putting extra into the mortgage, instead of investing even more into taxable are as follows: - Not having a mortgage when older/retired. Personal preference. - The main basket for investing is stocks and bonds. Putting extra into the mortgage feels like having an extra basket to put s...
by monkey_business
Fri Nov 01, 2019 5:48 pm
Forum: Personal Finance (Not Investing)
Topic: Possible Layoff: Need Assurance That We Will Be Okay
Replies: 156
Views: 15016

Re: Possible Layoff: Need Assurance That We Will Be Okay

bearwithbear wrote:
Thu Oct 31, 2019 4:08 pm
OP,

You will be fine.
Breath.
...
Breath.
gazelle1991 wrote:
Thu Oct 31, 2019 5:01 pm
Now breath. Everything will be fine. :beer
Breathe. :P
by monkey_business
Mon Oct 14, 2019 11:48 am
Forum: Personal Consumer Issues
Topic: Wild Planet Sardines quality problem [Review of sardine brands]
Replies: 36
Views: 5575

Re: Wild Planet Sardines quality problem [Review of sardine brands]

The finest sardines I have ever had: https://www.vitalchoice.com/product/wil ... oz?cat=861

Nothing else comes close. Ordered them many times and got several other people ruined for life.
by monkey_business
Sat Jul 27, 2019 8:45 am
Forum: Personal Investments
Topic: Laid Off - Want to Retire / Am I OK
Replies: 145
Views: 20457

Re: Laid Off - Want to Retire / Am I OK

Some of the responses here to threads like this are what make regular folks think retirement is impossible. The average household income in the US is less than $60k a year. The OP has a net worth equal to over one hundred times the average annual income. He could see his portfolio increase 0% real ...
by monkey_business
Fri Jul 26, 2019 4:00 pm
Forum: Personal Investments
Topic: Laid Off - Want to Retire / Am I OK
Replies: 145
Views: 20457

Re: Laid Off - Want to Retire / Am I OK

Some of the responses here to threads like this are what make regular folks think retirement is impossible. The average household income in the US is less than $60k a year. The OP has a net worth equal to over one hundred times the average annual income. He could see his portfolio increase 0% real f...
by monkey_business
Mon Jul 22, 2019 3:16 pm
Forum: Personal Consumer Issues
Topic: Whole Bean Coffee: Worth the effort?
Replies: 89
Views: 6021

Re: Whole Bean Coffee: Worth the effort?

If you brew cheap mainstream (almost anything from a regular supermarket) pre-ground coffee in a cheap drip coffee maker, and think it tastes fine, then do not get whole bean coffee. You are simply not into coffee, and grinding is not worth the effort for you.
by monkey_business
Fri Jul 19, 2019 3:05 pm
Forum: Personal Consumer Issues
Topic: Has anyone seen the documentary "Playing with FIRE?"
Replies: 216
Views: 21882

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

I'm not sure what point you're trying to make. What's the point of any of your life choices? My point is we all make life choices in how we live our lives, and if we are happy in our life choices today then those are the right choices for us today regardless of whether we die at 52 or 92. So if som...
by monkey_business
Fri Jul 19, 2019 1:31 pm
Forum: Personal Consumer Issues
Topic: Has anyone seen the documentary "Playing with FIRE?"
Replies: 216
Views: 21882

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

It's not necessarily a matter of regret, but rather the journey to that point. Suppose you could have saved more and retired at 40, but decided you'd rather be much more safe and retire at 60. You get struck by lightning at age 50 and die instantly. While there will be no regret, you would have exp...
by monkey_business
Fri Jul 19, 2019 1:16 pm
Forum: Personal Consumer Issues
Topic: Has anyone seen the documentary "Playing with FIRE?"
Replies: 216
Views: 21882

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

Being conservative is good to an extent. However, I feel a good number of folks here forget that life is finite. Waiting until the last decade or two of your life to enjoy the fruits of your labor carries a lot of risk as well. What is the risk of you dying prematurely? What is the risk of your hea...
by monkey_business
Fri Jul 19, 2019 1:09 pm
Forum: Personal Consumer Issues
Topic: Has anyone seen the documentary "Playing with FIRE?"
Replies: 216
Views: 21882

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

Being conservative is good to an extent. However, I feel a good number of folks here forget that life is finite. Waiting until the last decade or two of your life to enjoy the fruits of your labor carries a lot of risk as well. What is the risk of you dying prematurely? What is the risk of your hea...
by monkey_business
Fri Jul 19, 2019 11:55 am
Forum: Personal Consumer Issues
Topic: Has anyone seen the documentary "Playing with FIRE?"
Replies: 216
Views: 21882

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

Being conservative is good to an extent. However, I feel a good number of folks here forget that life is finite. Waiting until the last decade or two of your life to enjoy the fruits of your labor carries a lot of risk as well. What is the risk of you dying prematurely? What is the risk of your heal...
by monkey_business
Thu May 23, 2019 10:49 am
Forum: Personal Consumer Issues
Topic: Wiper blade replacement
Replies: 30
Views: 2911

Re: Wiper blade replacement

I buy the one piece Goodyear or Michelin wipers from Costco. They are much cheaper than anywhere else I found, and work well. Sometimes Costco has a sale on them where it's $7 for a pair. I've been happy with them.
by monkey_business
Sat May 11, 2019 9:06 am
Forum: Personal Consumer Issues
Topic: My 2017 CRV is a victim of the dreaded oil gas-dilution issue
Replies: 1169
Views: 185833

Re: My 2017 CRV is a victim of the dreaded oil gas-dilution issue

CULater: Is the stress, anxiety, anger, etc that you have been feeling for a long time due to this car worth the $8k or whatever you're trying to save here? I'm honestly puzzled why you still have it. What's the point of being a Boglehead if you can't even spend a bit of money to get rid of some mis...
by monkey_business
Wed May 01, 2019 11:47 pm
Forum: Personal Consumer Issues
Topic: Who is buying 1-3 year old used Toyotas and Hondas?
Replies: 114
Views: 13219

Re: Who is buying 1-3 year old used Toyotas and Hondas?

I bought a one year old Mazda with less than 10k miles, for $8k less than the best negotiated price I could get on a new one, at the end of the year, from all the Mazda dealers in the area.

Good deals can be had on cars of any age if you negotiate well.
by monkey_business
Wed Apr 24, 2019 2:40 pm
Forum: Personal Investments
Topic: Dump international?
Replies: 228
Views: 18441

Re: Dump international?

A few more question for those against international: 1. If you believe international exposure has more inherent risk, such as less stable currencies, political climate, business environments, etc, why do you not apply the same type of logic and pick individual stocks? Why not invest only in companie...
by monkey_business
Wed Apr 24, 2019 1:07 pm
Forum: Personal Investments
Topic: Dump international?
Replies: 228
Views: 18441

Re: Dump international?

Question for those advocating against international: Do you also advocate against domestic large caps? Historically, small caps have outperformed large caps: https://www.bogleheads.org/wiki/Historical_and_expected_returns Why not go all the way, dump all these portfolio anchors, and just invest in s...
by monkey_business
Thu Apr 04, 2019 12:21 pm
Forum: Investing - Theory, News & General
Topic: Make sure your retirement investment plan includes being fired from your job in your 50s
Replies: 285
Views: 18817

Re: Make sure your retirement investment plan includes being fired from your job in your 50s

I agree with KlangFool regarding basic supply and demand and how the H1B program affects it. It's not that H1Bs are paid a fraction of their domestic counterparts, they are not, it's that bringing more and more engineers into the US increases the supply, which puts downward pressure on salaries. If ...
by monkey_business
Fri Mar 22, 2019 4:16 pm
Forum: Investing - Theory, News & General
Topic: The $4,026,858.95 Car or a Worry-Free Retirement?
Replies: 245
Views: 14055

Re: The $4,026,858.95 Car or a Worry-Free Retirement?

I agree and disagree with Taylor's post. I agree in that there is always a big opportunity cost to expensive purchases such as cars. Investing the money instead will allow you to save much more. However, I think the point is to realize that this happens, and make the necessary changes to your lifest...
by monkey_business
Thu Mar 14, 2019 11:57 am
Forum: Personal Consumer Issues
Topic: My 2017 CRV is a victim of the dreaded oil gas-dilution issue
Replies: 1169
Views: 185833

Re: My 2017 CRV is a victim of the dreaded oil gas-dilution issue

"Well looks like the oil problem has not slowed sales... so much for research before buying a car" You are absolutely correct - but if you do some research on many brands of cars you will find similar or worse issues. People either don't research, or, oddly enough, knowingly buy cars with problems....
by monkey_business
Fri Mar 08, 2019 6:44 pm
Forum: Personal Finance (Not Investing)
Topic: Savings Rate
Replies: 97
Views: 8221

Re: Savings Rate

...Now, I don't count employer match toward my "savings rate"... Just curious, why is that? If the idea is to save X% per year to reach $Y amount in Z years, why wouldn't your employer's contributions affect X? I understand not counting the portion of the match that is not vested (if you have that)...
by monkey_business
Tue Mar 05, 2019 5:15 pm
Forum: Personal Consumer Issues
Topic: Talk me in/out of $35k Tesla Model 3
Replies: 286
Views: 23415

Re: Talk me in/out of $35k Tesla Model 3

But if I want to turn down the radio, I can keep my eyes on the road and feel for the volume knob. You make it sound like it's so difficult to turn down the radio on a Model 3. I can keep my eyes on the road and use the left scroll button on the steering wheel to adjust volume (or mute/pause) and c...
by monkey_business
Tue Mar 05, 2019 12:25 pm
Forum: Personal Consumer Issues
Topic: Selling Car
Replies: 46
Views: 2378

Re: Selling Car

Selling it using online services like Craiglist is a real time sink. You will get dozens upon dozens of calls asking you to reduce the price (sight unseen), deliver it, people making appointments to see it that never show up, etc. Eventually you can do it but you will expend a lot of time. This is ...
by monkey_business
Mon Mar 04, 2019 3:02 pm
Forum: Personal Consumer Issues
Topic: Talk me in/out of $35k Tesla Model 3
Replies: 286
Views: 23415

Re: Talk me in/out of $35k Tesla Model 3

And to clarify: when I gave the example of seemingly simple autonomous vehicles functions not behaving as expected, I was making a point that even the basics are not ironed out yet. I understand that something in your typical Toyota is not as cutting edge as what a Waymo van has but if we are *that*...
by monkey_business
Mon Mar 04, 2019 2:52 pm
Forum: Personal Consumer Issues
Topic: Talk me in/out of $35k Tesla Model 3
Replies: 286
Views: 23415

Re: Talk me in/out of $35k Tesla Model 3

You guys seem to be confusing what is currently available in mass-market production with the full capabilities of current technology. They are nowhere near the same. Mass market always lags behind technical capabilities, and even more so with cars given that vehicle designs are finalized years befo...
by monkey_business
Mon Mar 04, 2019 12:01 pm
Forum: Personal Consumer Issues
Topic: Talk me in/out of $35k Tesla Model 3
Replies: 286
Views: 23415

Re: Talk me in/out of $35k Tesla Model 3

In the future yes, the computers will be better. But right now the technology for complete autonomy is not there yet. It works in very specific conditions but is not yet advanced enough to deal with unclear lane markings, inclement weather conditions, poor visibility and various other issues that h...
by monkey_business
Sun Mar 03, 2019 12:01 am
Forum: Personal Consumer Issues
Topic: Talk me in/out of $35k Tesla Model 3
Replies: 286
Views: 23415

Re: Talk me in/out of $35k Tesla Model 3

No, OP, you cannot afford it. Spending $35k on a vehicle in your financial state would be suicide. I recommend drastically cutting expenses, think rice and beans, and saving much more aggressively. A car altogether is out of the question. Cheap bicycle at best. Once you are at $10MM net worth, you c...
by monkey_business
Tue Feb 12, 2019 11:59 pm
Forum: Personal Consumer Issues
Topic: Diamonds are forever.
Replies: 94
Views: 11625

Re: Diamonds are forever.

I don't really understand the concept of upgrading engagement rings. The ring is meant to be a symbol of something, and come from a person's heart. If you upgrade it, you just turn into a meaningless piece of jewelry, with more bling overriding emotional value.

Maybe it's just me.
by monkey_business
Fri Feb 08, 2019 5:58 pm
Forum: Personal Consumer Issues
Topic: Satellite radio pricing ridiculousness
Replies: 54
Views: 4270

Re: Satellite radio pricing ridiculousness

I used to have XM for close to 10 years and did this dance every 5 months. They have a deal for 5 months for $25 but the only way to get it is to say you're canceling. Occasionally, I would forget to call and end up paying their regular rate for a month or so until I called them. I also got tired of...
by monkey_business
Fri Feb 08, 2019 5:45 pm
Forum: Personal Consumer Issues
Topic: Money saving move you regret the most?
Replies: 120
Views: 11688

Re: Money saving move you regret the most?

I'm pretty sure alcohol related deaths are due to alcoholism, drunk driving, etc., and not due to people having a beer or a glass of wine with their dinner. Most recent research says that any alcohol consumptions (yes including your glass of red wine) is unhealthy. It is a very minor effect for the...
by monkey_business
Fri Feb 08, 2019 9:34 am
Forum: Personal Consumer Issues
Topic: Money saving move you regret the most?
Replies: 120
Views: 11688

Re: Money saving move you regret the most?

Bringing food to the airport, restaurants, public events, etc. I actually would enjoy it if my wife, friends, and colleagues were less embarrassed. You bring your own food when you go out to a restaurant? Am I reading that right? Do you also bring your own beer when you go out to a sports bar?lol Y...