Search found 2316 matches

by MossySF
Wed Jan 16, 2019 8:12 am
Forum: Personal Consumer Issues
Topic: Swimming, do you? Advice sought.
Replies: 32
Views: 2302

Re: Swimming, do you? Advice sought.

Some of my hints -- I'm self-taught in all strokes through experimentation and watching Youtube videos -- so I know all the good & bad techniques. Breast stroke -- aim down with a deep lungful of air -- and the air in the lungs becomes a bouyant force pushing you up. So you end up with a rhythm of 2...
by MossySF
Sat Jan 12, 2019 12:47 am
Forum: Personal Consumer Issues
Topic: Anyone raised 3 kids WITHOUT buying a 3-row vehicle?
Replies: 82
Views: 5509

Re: Anyone raised 3 kids WITHOUT buying a 3-row vehicle?

When we were growing up, we (4 kids) had to take public transportation the entire time. :beer :beer :beer
by MossySF
Thu Jan 03, 2019 3:06 am
Forum: Personal Consumer Issues
Topic: Living Abroad - Who's done it?
Replies: 78
Views: 8475

Re: Living Abroad - Who's done it?

What sort of income is "decent" for HK? If "decent" means an expat lifestyle, San Francisco/Manhattan white collar incomes would be decent for Hong Kong also. A decent Konger lifestyle -- small apartments, taking the metro, eating out where the staff only speaks Chinese, etc. -- $5000 USD/mo more o...
by MossySF
Wed Jan 02, 2019 6:31 am
Forum: Personal Finance (Not Investing)
Topic: How to afford a sports car?
Replies: 128
Views: 8940

Re: How to afford a sports car?

If you want a sports car, earn more money in order to afford it. :greedy
by MossySF
Sat Dec 29, 2018 9:25 am
Forum: Investing - Help with Personal Investments
Topic: muni bonds
Replies: 31
Views: 3256

Re: muni bonds

Looks like I can't invest in VWIUX as I'm with Fidelity. They let me pick VWTUX. The ER is higher for that one and a high commission. Not the end of the world though. For all those talking about diversification, why can't I get diversification in a 100k bond portfolio. With that amount one could re...
by MossySF
Thu Dec 27, 2018 9:19 am
Forum: Investing - Theory, News & General
Topic: Nuveen Strategic Municipal Opportunities Fund - 2.94% TAX FREE?
Replies: 16
Views: 1197

Re: Nuveen Strategic Municipal Opportunities Fund - 2.94% TAX FREE?

States can issue bonds .. and due to the Constitution's separation of powers, the federal government cannot tax interest generated by state muni bonds. Likewise, the state governments cannot tax interest from federal Treasury bonds. Now states can tax other states' muni bonds -- and they usually opt...
by MossySF
Thu Dec 27, 2018 7:58 am
Forum: Investing - Theory, News & General
Topic: Why call them "losses" when you still own the shares?
Replies: 103
Views: 4886

Re: Why call them "losses" when you still own the shares?

The problem with the words loss/gain are the anchor point. The value of your portfolio dropped 5% these past 3 months -- but it went up 250% the past 5 years. Do you have a loss -- even if you sell -- because you didn't get the absolutely maximum gain? That's why I just go with fluctuated market val...
by MossySF
Wed Dec 26, 2018 11:42 pm
Forum: Investing - Theory, News & General
Topic: Why call them "losses" when you still own the shares?
Replies: 103
Views: 4886

Re: Why call them "losses" when you still own the shares?

I don't call them neither losses nor gains.

I say the contribution/distribution-adjusted nominal value of my portfolio has increased or decreased compared to X point in time.
by MossySF
Tue Dec 25, 2018 1:53 am
Forum: Investing - Theory, News & General
Topic: How is Vanguard Prime Money Market earning over 2%
Replies: 29
Views: 4688

Re: How is Vanguard Prime Money Market earning over 2%

Wouldn’t the compound yield (as opposed to SEC yield) on the fund page be closer in comparison to a banks stated APY? The hover over on Vanguard's page says 7-days for SEC yield and just a generic "past periods" for compound yield. 7-day period is probably a more accurate indicator on the direction...
by MossySF
Mon Dec 24, 2018 12:21 am
Forum: Investing - Help with Personal Investments
Topic: I made a mistake by not selling when the market was high this year
Replies: 153
Views: 19421

Re: I made a mistake by not selling when the market was high this year

I made another big mistake. I should have taken some gains earlier this year when I had the chance. It seems to me that 10 months of great growth for 2018 has been wiped out in the past few weeks. If you wanted to buy Fund A but you clicked on Fund B, you made a mistake. If you knew the market was ...
by MossySF
Sun Dec 23, 2018 10:11 pm
Forum: Investing - Theory, News & General
Topic: When did the musicians on the titanic realize their fate?
Replies: 132
Views: 9751

Re: When did the musicians on the titanic realize their fate?

What are the conditions where people on this site become concerned? Everyone can talk about staying the course etc, but even the most diehard buy and hold must have some loss limit or set of conditions (stocks and bonds fall together) where they become a little concerned. To be honest, I'm not agai...
by MossySF
Sun Dec 23, 2018 9:17 pm
Forum: Investing - Theory, News & General
Topic: How is Vanguard Prime Money Market earning over 2%
Replies: 29
Views: 4688

Re: How is Vanguard Prime Money Market earning over 2%

I’ve been advised to use Vanguard Prime Money Market Fund however according to the Performance page it’s earning under 2% annually - less than I earn from the bank. Can someone shed some light on this? Performance page shows past performance. Does your bank tell you past interest rate or what you w...
by MossySF
Fri Dec 21, 2018 11:33 pm
Forum: Investing - Theory, News & General
Topic: "Stay the course" is rational -- but is it reasonable?
Replies: 43
Views: 5433

Re: "Stay the course" is rational -- but is it reasonable?

Staying the course is a horrible option.

It's unfortunately the best of even worse options.
by MossySF
Wed Dec 19, 2018 6:08 pm
Forum: Investing - Theory, News & General
Topic: Bull market is over, run for cover says Alan Greenspan
Replies: 41
Views: 6108

Re: Bull market is over, run for cover says Alan Greenspan

If you feel this was true, what's then the action plan based on Greenspan's comments? Sell off 50% of your stock and then buy back into the market on a 18-month DCA schedule starting 6 months from now? (Although it would have been nicer to have this forecast in Jan-Aug when you could have sold at hi...
by MossySF
Tue Dec 18, 2018 2:33 am
Forum: Investing - Help with Personal Investments
Topic: Investing a lump sum in today's market climate
Replies: 16
Views: 2467

Re: Investing a lump sum in today's market climate

Put it in a Vanguard money market fund right now.

Make a 2 year DCA schedule to transfer from MMF to your target stock funds every 3 months.
by MossySF
Sat Dec 15, 2018 12:06 am
Forum: Personal Consumer Issues
Topic: How to learn a second language
Replies: 128
Views: 15061

Re: How to learn a second language

I'm using 全民K歌 to sing Karaoke songs in foreign languages. :D :D :D

* kg.qq.com
by MossySF
Sun Dec 02, 2018 11:17 pm
Forum: Investing - Help with Personal Investments
Topic: My mutual funds are declining, please help!
Replies: 54
Views: 5258

Re: My mutual funds are declining, please help!

It's not a rare scenario as the initial capital could be big compared to ongoing contributions, initial amount being new money brought to the market... happens all the time. Using the backtest calc. say you had an initial balance of $350k in 2000, then had ongoing contributions of $500/month all th...
by MossySF
Sun Dec 02, 2018 6:23 am
Forum: Investing - Help with Personal Investments
Topic: My mutual funds are declining, please help!
Replies: 54
Views: 5258

Re: My mutual funds are declining, please help!

people are afraid of crashes because it can potentially cause financial ruin even if you stay the course... 2000-2013 was flat inflation adjusted, that is 13 whole years with nothing to show for it while taking substantial capital risk. If one would've sinply put their money in a risk free CD they ...
by MossySF
Thu Nov 29, 2018 9:56 pm
Forum: Investing - Theory, News & General
Topic: Does 100% stocks make sense for very high net worth individuals
Replies: 89
Views: 7092

Re: Does 100% stocks make sense for very high net worth individuals

Seems like this question is for HNW Bogleheads who continue to spend as if they only had a LNW or MNW.

Most HNW individuals -- no longer in their earnings peak -- need a semi-consistent portfolio to fund their HNW lifestyles.
by MossySF
Thu Nov 29, 2018 12:41 am
Forum: Personal Consumer Issues
Topic: What are piano exams? (For the piano parents)
Replies: 1
Views: 345

Re: What are piano exams? (For the piano parents)

In some countries, passing piano exams will give you school credits.

Music conservatories will want to see piano exams.

Beyond that, it's just paying money for your kids to learn how to play under a different type of pressure.
by MossySF
Mon Nov 26, 2018 11:46 pm
Forum: Investing - Theory, News & General
Topic: Worst investing year ever....
Replies: 103
Views: 17458

Re: Worst investing year ever....

Diversification down is not the only important issue. Diversification up also is. When things rebound, not all stock classes rebound in the same magnitude. After 2002, international rebounded more -- especially EM which went up 90% in 2003. After 2008, US rebounded more -- especially REITs. Getting ...
by MossySF
Mon Nov 26, 2018 8:46 pm
Forum: Investing - Help with Personal Investments
Topic: Can someone explain what's going on [with the stock market]?
Replies: 96
Views: 13266

Re: Can someone explain what's going on [with the stock market]?

In the short term, there is no explanation.

In the long term (30+ years), you can explain what went on after the fact.
by MossySF
Sun Nov 25, 2018 9:20 am
Forum: Personal Finance (Not Investing)
Topic: What financial information do you share with your family and relatives?
Replies: 112
Views: 9809

Re: What financial information do you share with your family and relatives?

I find it's easier to be open with your financial numbers if you are a small business owner. Americans worship at the myth of the independent frontier trailblazer and being a small business owner is the closest thing we can do in modern life. There's none of the envy or requests because you can alwa...
by MossySF
Thu Nov 22, 2018 7:26 pm
Forum: Investing - Help with Personal Investments
Topic: Can someone explain what's going on [with the stock market]?
Replies: 96
Views: 13266

Re: Can someone explain what's going on [with the stock market]?

Everybody has their own explanations for ups & downs from their view points. But since we all only see a tiny tiny tiny slice from our biased viewpoints, it can't explain anything. But you then aggregate it all together into the wisdom of the crowd, it can explain everything. Except there is no way ...
by MossySF
Thu Nov 22, 2018 7:21 pm
Forum: Personal Consumer Issues
Topic: Need A Chromebook Recommendation
Replies: 16
Views: 1383

Re: Need A Chromebook Recommendation

I have both the Acer Flip 11 and Acer Spin 15.

The Acer Spin 15 is really nice ... but man it's gigantic.
by MossySF
Wed Nov 21, 2018 3:00 am
Forum: Personal Finance (Not Investing)
Topic: Is my husband ready to quit tenured professorship to pursue side hustle?
Replies: 97
Views: 10485

Re: Is my husband ready to quit tenured professorship to pursue side hustle?

Hehe, this is BH. Anybody not coming here with a 2% SWR will be told they need more money. My 1st thoughts -- 1M+ portfolio plus a year's salary as separate bonus? Take the early retirement bonus. My 2nd thought -- download a Social Security bend point calculator. If your husband has already passed ...
by MossySF
Wed Nov 21, 2018 2:17 am
Forum: Investing - Theory, News & General
Topic: Vanguard lowering Admiral level to $3,000?
Replies: 225
Views: 18397

Re: Vanguard lowering Admiral level to $3,000?

It costs nearly $500 million dollars to run two funds with a company that basically has no advertising budget, no field offices, and mediocre customer service? You can download annual filings to see what the fees are spent on. Some costs scale with the assets. For example -- licensing indexes (from...
by MossySF
Tue Nov 20, 2018 9:36 pm
Forum: Investing - Theory, News & General
Topic: I thought rebalancing was supposed to control risk - but it hasn't since 2000
Replies: 13
Views: 2719

Re: I thought rebalancing was supposed to control risk - but it hasn't since 2000

To do the above, you won't be able to do this by hand but what you can do is program a script to run something like wget to hit Portfolio Visualizer to get the numbers, parse from HTML (or if PV can do XML or JSON) and put in a database where you can then compile the numbers. That’s way too much wo...
by MossySF
Tue Nov 20, 2018 4:11 am
Forum: Investing - Theory, News & General
Topic: I thought rebalancing was supposed to control risk - but it hasn't since 2000
Replies: 13
Views: 2719

Re: I thought rebalancing was supposed to control risk - but it hasn't since 2000

Instead of just picking 2000-2018 which is just an arbitrary turn of the century start point, you need to do this: * Run all numbers for 10/11/12/.../38/39/40 year periods * Run all numbers for every starting year possible. * Count # of periods where rebalancing reduced returns * Count # of periods ...
by MossySF
Sun Nov 18, 2018 12:41 am
Forum: Investing - Help with Personal Investments
Topic: If the market is this high, does it make sense to invest a large sum of money?
Replies: 38
Views: 3417

Re: If the market is this high, does it make sense to invest a large sum of money?

Lump sum every dollar you invest. Why did you have $30K presumably in cash in your Roth? Sounds like you missed on a 6+ years of great returns. Let's not pour salt in this wound. There was some other thread a few months back when the market was still at the highs .. and I posted a historic analysis...
by MossySF
Fri Nov 16, 2018 1:24 am
Forum: Investing - Help with Personal Investments
Topic: I can't take this anymore=) I'm selling stocks and buying bonds!
Replies: 129
Views: 19906

Re: I can't take this anymore=) I'm selling stocks and buying bonds!

Several people have asked how I reacted when the portfolio was going up. Unfortunately this is fairly new money, so I did not have that benefit. It's an unfortunately fact that in order to participate in the ups, you also have to participate in the downs. It's usually about a ratio of 2:1 -- maybe ...
by MossySF
Thu Nov 15, 2018 10:08 pm
Forum: Personal Consumer Issues
Topic: Granddaughter needs $ help for university
Replies: 111
Views: 10056

Re: Granddaughter needs $ help for university

This is a tough one ... ... see music is an aspirational career and going to a cheaper public/state/community college drops your chances by a lot. Yes, your chances aren't that great anyways as performing arts is a pinched top-down pyramid just like professional sports ... ... but what if you are in...
by MossySF
Tue Nov 13, 2018 11:02 pm
Forum: Investing - Help with Personal Investments
Topic: I can't take this anymore=) I'm selling stocks and buying bonds!
Replies: 129
Views: 19906

Re: I can't take this anymore=) I'm selling stocks and buying bonds!

With all the swings up and down recently I am finding that it's too much volatility for me. My portfolio has gone down by $12000 over the past few days. I know people on here say it's a blip on the radar, but when I think about what I have to go through to earn $12k ($12k = two months of STRESSFUL ...
by MossySF
Tue Nov 13, 2018 10:46 pm
Forum: Investing - Theory, News & General
Topic: "What If You Retire At a Stock Market Peak?" - by Ben Carlson
Replies: 49
Views: 6157

Re: "What If You Retire At a Stock Market Peak?" - by Ben Carlson

Huh, wouldn't it be good to retire at a stock market peak? E.g. you SOLD at the peak in order to switch to a more conservative retirement AA?
by MossySF
Fri Nov 09, 2018 10:58 am
Forum: Investing - Theory, News & General
Topic: Good explanation of how bond funds don't get crushed in rising rate environment
Replies: 65
Views: 6777

Re: Good explanation of how bond funds don't get crushed in rising rate environment

I've yet to read through a quality explanation of why bond funds don't get hammered in a rising rate environment? What's your definition of hammered? Will bonds do worse when interest rates go up versus when they are flat or go down? Of course. Do you consider say a 2% drop for Total Bond Market ha...
by MossySF
Thu Nov 08, 2018 8:42 pm
Forum: Investing - Theory, News & General
Topic: China Still An Emerging Market?
Replies: 24
Views: 2099

Re: China Still An Emerging Market?

If we're talking about just "government" bonds, China has the better ability to repay.

https://tradingeconomics.com/china/government-budget
https://tradingeconomics.com/italy/government-budget

Private companies, who knows?

But of course, government debt is not what determines EM status or not.
by MossySF
Tue Nov 06, 2018 9:34 am
Forum: Personal Consumer Issues
Topic: How to Encrypt a Text file?
Replies: 53
Views: 4050

Re: How to Encrypt a Text file?

My recommendation ... if you don't regularly encrypt & decrypt, you WILL FORGET the password ... unless it's so simple as to be easily crackable. Hence, use something like LastPass. LastPass not only can save your passwords but also can let you write secure notes that require you to enter your passw...
by MossySF
Wed Oct 24, 2018 9:34 pm
Forum: Investing - Help with Personal Investments
Topic: Reaction to Market
Replies: 71
Views: 7779

Re: Reaction to Market

$100K paper loss on 3% drop means $700K gain last year .. probably $1M-$1.5M over the last 5+ years.

You take the bad with the good.
by MossySF
Thu Oct 11, 2018 6:10 am
Forum: Personal Consumer Issues
Topic: tablet or small laptop for general and travel computer?
Replies: 41
Views: 2361

Re: tablet or small laptop for general and travel computer?

Flippable Chromebook with touchscreen.

I got the Acer R11 Chromebook for $220 -- and Acer Flip 15 for $370.
by MossySF
Thu Oct 11, 2018 6:06 am
Forum: Investing - Theory, News & General
Topic: What do you think of the Tesla craziness?
Replies: 25
Views: 2338

Re: What do you think of the Tesla craziness?

Even though Tesla 3 is advertised as $35K, average price that is sold is close to $50K. Rich people dispose their Audis and Mercedes or BMW to get Tesla but how many people in the US have that kind of income. Hahaha ... people go into debt and mess up their finances ALL THE TIME to drive MB/BMW/Audi.
by MossySF
Wed Oct 10, 2018 6:03 am
Forum: Investing - Theory, News & General
Topic: What do you think of the Tesla craziness?
Replies: 25
Views: 2338

Re: What do you think of the Tesla craziness?

As a company, I'm not interested in investing in individual Tesla stock positions either for or against.

As a consumer, these cars are amazing. Given the choice between a Model 3 and a similarly-priced BMW 340, Tesla all the way.
by MossySF
Mon Oct 01, 2018 2:55 am
Forum: Investing - Theory, News & General
Topic: Sears, a 125 year old company is now a penny stock.
Replies: 127
Views: 15691

Re: Sears, a 125 year old company is now a penny stock.

Eddie Vampert has a plan to convert Sears debt that will net ESL another $1B in profits. What'll it do regular Sears shareholders -- well tough luck.
by MossySF
Sun Sep 30, 2018 10:21 pm
Forum: Investing - Theory, News & General
Topic: Sears, a 125 year old company is now a penny stock.
Replies: 127
Views: 15691

Re: Sears, a 125 year old company is now a penny stock.

This article from last year is very illustrative about what is going on inside Sears. Some investors (e.g. CNBC's Jim Cramer) thought that Fast Eddie would transform Sears into some sort of real estate hedge fund while turning the retail around. But instead, Sears has a CEO who terrorizes the senio...
by MossySF
Fri Sep 28, 2018 12:41 am
Forum: Investing - Theory, News & General
Topic: Economic reasons for rate increase by the Fed?
Replies: 71
Views: 6212

Re: Economic reasons for rate increase by the Fed?

Banks, lenders, investors are already free to set any rate they want. The Fed rate only applies to inter-bank lending. Have you noticed the bank savings rates & MMF rates have been going up the past few months even before this Fed announcement? You might say the Fed is just moving their rates follow...
by MossySF
Tue Sep 25, 2018 7:03 pm
Forum: Personal Consumer Issues
Topic: My Very First Smartphone [Samsung Galaxy S9+] — Please Critique This Plan
Replies: 123
Views: 6841

Re: My Very First Smartphone — Please Critique This Plan

In general, $400 smartphones will roughly do everything that a $800+ one will do. Except take great photos. A $400 phone will take okay photos in daylight. Night-time lighting or the front-facing camera? It'll usually end up a blurry mess. So if a smartphone going to be a camera replacement also, sp...
by MossySF
Mon Sep 03, 2018 11:44 pm
Forum: Personal Finance (Not Investing)
Topic: How to Retire in Your 30's with $1 Million in the Bank
Replies: 148
Views: 19142

Re: How to Retire in Your 30's with $1 Million in the Bank

Obviously the crazy high income/savers here -- where 2% SWR is too aggressive -- are aghast at bailing from your career with "just" $1M at ~30. But consider that regular Americans deal with this kind of penny pinching their entire lives with no $1M portfolio safety net. We just should be careful abo...
by MossySF
Mon Sep 03, 2018 3:51 am
Forum: Personal Consumer Issues
Topic: Piano for a child
Replies: 60
Views: 3291

Re: Piano for a child

$175 for a PX160 is a really nice price. Entry-level Yamaha and Casios are roughly par at key quality for $400-$500 new. At $700+ new, Roland FP30 has nicer feeling keys. Discussions for more expensive digital pianos is beyond the scope of this forum -- but there are options that can get you close e...
by MossySF
Mon Aug 20, 2018 9:45 am
Forum: Investing - Theory, News & General
Topic: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!
Replies: 1247
Views: 107985

Re: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!

If you eyeball graphs, it "appears" that stock markets roughly have 7-8 year cycles. And if you're looking at 20 year performance, you end up with roughly either: 2x7 U.S. outperformance + 1x7 International outperformance or 1x7 U.S. outperformance + 2x7 International outperformance (It's rare to se...