Search found 2007 matches

by BW1985
Wed May 27, 2020 3:25 pm
Forum: Investing - Theory, News & General
Topic: 40m Unemployment Claims - I Don’t Understand Why Markets Seem To Not Care
Replies: 69
Views: 6912

Re: 40m Unemployment Claims - I Don’t Understand Why Markets Seem To Not Care

Everyone says stock markets are forward looking, I understand. But with 40 million unemployment claims over 2 months, why would the markets shrug that off. No economy in history has replaced 40m jobs even in a year’s time. What am I missing?! You are looking for logic. It's human nature. You want t...
by BW1985
Wed May 27, 2020 10:31 am
Forum: Investing - Theory, News & General
Topic: 40m Unemployment Claims - I Don’t Understand Why Markets Seem To Not Care
Replies: 69
Views: 6912

Re: 40m Unemployment Claims - I Don’t Understand Why Markets Seem To Not Care

Everyone says stock markets are forward looking, I understand. But with 40 million unemployment claims over 2 months, why would the markets shrug that off. No economy in history has replaced 40m jobs even in a year’s time. What am I missing?! You are looking for logic. It's human nature. You want t...
by BW1985
Tue May 26, 2020 7:08 pm
Forum: Personal Consumer Issues
Topic: Painting the house//estimates and experiences
Replies: 20
Views: 1426

Re: Painting the house//estimates and experiences

Have you painted trim work? Over time the wood has bled through my white paint in spots and I'm not sure how to fix it now. Yes. What is probably going on is that you have softwood trim and some resin within the lumber is bleeding through. In that situation, you need to prime with a good quality st...
by BW1985
Tue May 26, 2020 12:27 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 5702
Views: 486904

Re: U.S. stocks continue to soar!

I am an accumulator. The last thing I'd want is a market that is 30-50% or more below its all time highs. That likely comes packaged with high uncertainty, potential hiring freezes, layoffs, and all sorts of other bad things for an accumulator. You can't accumulate if you have nothing to add to you...
by BW1985
Tue May 26, 2020 11:21 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 5702
Views: 486904

Re: U.S. stocks continue to soar!

Yikes now I regret taking 100k off the table - should have just kept to auto investing. Now the hesitation on when to enter back in... Let me help: close your eyes and click buy. I never sold, just rebalanced and hit new all time highs in my portfolio today. No this time wasn’t different, nor will ...
by BW1985
Tue May 26, 2020 11:07 am
Forum: Personal Consumer Issues
Topic: Painting the house//estimates and experiences
Replies: 20
Views: 1426

Re: Painting the house//estimates and experiences

I just did my bathroom and it really wasnt that bad. Sure it took me a weekend and some spots still need to be touched up, but it was a great skill to learn and saved me probably $600 What were some lessons you learned and do differently for your next room when needed? I've always done all my own i...
by BW1985
Fri May 22, 2020 3:50 pm
Forum: Personal Finance (Not Investing)
Topic: Selling home - low ball negotiation
Replies: 145
Views: 12066

Re: Selling home - low ball negotiation

delamer wrote:
Fri May 22, 2020 3:19 pm
And if you think the business model is bad and realtors don’t add value, then do a “for sale by owner” or a flat fee realtor. Houses get sold that way every day.
Oh definitely will be.
by BW1985
Fri May 22, 2020 11:55 am
Forum: Personal Finance (Not Investing)
Topic: Selling home - low ball negotiation
Replies: 145
Views: 12066

Re: Selling home - low ball negotiation

It is in their best interest to get as high a sale price as they can...I'm not really dissing realtors. It's in their best interest to move the house as fast as possible. An extra $10k in selling price is only $300 more in income, and that will be shared with the rest of the office as well. I'm dis...
by BW1985
Fri May 22, 2020 11:50 am
Forum: Personal Investments
Topic: Moved all Retirement Plans to Cash Last Wed Based on Tepper's Call
Replies: 95
Views: 11444

Re: Moved all Retirement Plans to Cash Last Wed Based on Tepper's Call

maxInfo wrote:
Wed May 20, 2020 11:32 pm
Now, very upset that I missed out on a 5%+ rally.
You had to know that was a possibility, right? Anytime you market time you're gambling that the market will move lower and that you will pull the trigger if it does. The question you need to answer is do you want to keep gambling.
by BW1985
Fri May 22, 2020 8:55 am
Forum: Personal Investments
Topic: Strategy: %Cash in Portfolio
Replies: 17
Views: 1486

Re: Strategy: %Cash in Portfolio

...Is a 10% cash target reasonable? If it's uninvested cash I'd say no - too much idle cash. If it's invested (say in CD's), then it really represents the short end of your fixed income exposure and that would probably be fine. Depends on how the rest of your financial assets are invested. Nowadays...
by BW1985
Fri May 22, 2020 8:53 am
Forum: Personal Finance (Not Investing)
Topic: Selling home - low ball negotiation
Replies: 145
Views: 12066

Re: Selling home - low ball negotiation

Well, I did not have the courage to ignore the lowballer. Shame on me! Anyway, after a long negotiating session over 6 days, we ended up coming down 6% from our listing price to close the deal. Several factors in place (my justification or CYA): - very few showings during the listing period of 10 w...
by BW1985
Fri May 22, 2020 8:49 am
Forum: Personal Finance (Not Investing)
Topic: Selling home - low ball negotiation
Replies: 145
Views: 12066

Re: Selling home - low ball negotiation

Momus wrote:
Fri May 15, 2020 12:41 am
I'd counter 10k above asking price. They mocked you and they should know.
89% of asking price is not a mock, it's a serious offer. If they don't like it they can decline, no reason to be an idiot about it though.
by BW1985
Fri May 22, 2020 8:39 am
Forum: Personal Investments
Topic: Strategy: %Cash in Portfolio
Replies: 17
Views: 1486

Re: Strategy: %Cash in Portfolio

...Is a 10% cash target reasonable? If it's uninvested cash I'd say no - too much idle cash. If it's invested (say in CD's), then it really represents the short end of your fixed income exposure and that would probably be fine. Depends on how the rest of your financial assets are invested. Nowadays...
by BW1985
Tue May 19, 2020 11:18 am
Forum: Personal Consumer Issues
Topic: Pull-ups and Push-ups
Replies: 551
Views: 144490

Re: Pull-ups and Push-ups

I don't think anybody can adequately answer your question, and it is dependent on so many distinct factors that the answer will be individual to each person. Granted. But we can know directionally that eating certain foods and maintaining lower levels of body fat tend to increase longevity for a va...
by BW1985
Fri May 15, 2020 9:27 pm
Forum: Personal Investments
Topic: Still using total bond market?
Replies: 140
Views: 16564

Re: Still using total bond market?

I wouldn't be surprised if the future wisdom is to hold some combination of CDs, high-yield savings, short-term TIPS, and long-term Treasuries. It's an extremely low credit risk barbell. Throw in some gold, and you have something approaching the "permanent portfolio". 25% gold, 25% cash (or short-t...
by BW1985
Fri May 15, 2020 12:56 pm
Forum: Personal Investments
Topic: Portfolio Question: can we achieve our FIRE goal by age 40?
Replies: 26
Views: 1750

Re: Portfolio Question: can we achieve our FIRE goal by age 40?

Hi, bogleheads users, We are here to seek some sincere advice regarding our current financial situation. Are we on track of achieving our FIRE goal by age 40? Here is our Portfolio: Emergency funds: 20K in checking, 72K in vanguard money market account Debt: mortgage 450K at 15 yrs 2.875% interest ...
by BW1985
Fri May 15, 2020 9:29 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 18810
Views: 2629700

Re: U.S. stocks in free fall

I went to all cash in the last days of January after being convinced that something was off after (1) watching the leaks that came out of China (the real stuff, not the fluffed-up selections that the NYT and NBC care to print to not anger Chinese officials and [potentially] lose market) and (2) aft...
by BW1985
Thu May 14, 2020 1:34 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 18810
Views: 2629700

Re: U.S. stocks in free fall

Looking forward to the decline in equities. SPX 1800 is when I jump back in. No charting magic here -- just have an ability to realise that [MACRO, non-noise] bad = down and good = up Sorry, but the data tells a different story than the narrative, and for all the aphorisms and boomer-isms thrown ab...
by BW1985
Thu May 14, 2020 9:18 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 18810
Views: 2629700

Re: U.S. stocks in free fall

morsk wrote:
Thu May 14, 2020 8:03 am
Looking forward to the decline in equities. SPX 1800 is when I jump back in. No charting magic here -- just have an ability to realise that [MACRO, non-noise] bad = down and good = up
What was your exit point?
by BW1985
Wed May 13, 2020 11:15 pm
Forum: Personal Consumer Issues
Topic: 90%+ chocolate bar
Replies: 67
Views: 4822

Re: 90%+ chocolate bar

Just tried Chocolove's 88% tonight, it's really smooth but not as much richness. I try new brands as they're on sale.
by BW1985
Wed May 13, 2020 2:00 pm
Forum: Investing - Theory, News & General
Topic: Ben Felix - How to Retire Early (The 4% Rule)
Replies: 221
Views: 15450

Re: Ben Felix - How to Retire Early (The 4% Rule)

whodidntante wrote:
Wed May 13, 2020 1:14 pm
BW1985 wrote:
Tue May 12, 2020 11:36 am
Never heard of Ben Felix. Is he pretty well known/respected in the investment community?
Gosh, I hope not. Generally that community does not have your interests in in mind.
I meant this community and those like it.
by BW1985
Wed May 13, 2020 12:12 pm
Forum: Personal Consumer Issues
Topic: 90%+ chocolate bar
Replies: 67
Views: 4822

Re: 90%+ chocolate bar

Manoa chocolate, based in Hawaii they even have a 100% cocoa bar. My favorite is their breakfast bar and Hawaiian sea salt bar. Best chocolate I have ever had 100%! I wasn't aware they existed. Any idea how's it's even possible, I mean how it's different from those cocoa nibs which are pure cocoa? ...
by BW1985
Wed May 13, 2020 11:29 am
Forum: Personal Consumer Issues
Topic: United Airlines miles and bankruptcy
Replies: 46
Views: 4058

Re: United Airlines miles and bankruptcy

patrick wrote:
Tue May 12, 2020 8:54 am
Apparently the gift card redemptions already got devalued quite a bit ... they used to well above 0.3 cents per mile.
Yes the value of any non-travel related redemption got destroyed. They don't want to be shelling out any cash.
by BW1985
Tue May 12, 2020 11:36 am
Forum: Investing - Theory, News & General
Topic: Ben Felix - How to Retire Early (The 4% Rule)
Replies: 221
Views: 15450

Re: Ben Felix - How to Retire Early (The 4% Rule)

Never heard of Ben Felix. Is he pretty well known/respected in the investment community?
by BW1985
Tue May 12, 2020 10:03 am
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 4647
Views: 897226

Re: What's Your Credit Card Rewards Strategy?

AMEX question: I was chatting with and AMEX rep, he mentioned that Cash EveryDay (cash back) and Amex EveryDay (MR points) are in the same "family" so I cannot get an intro bonus for the Amex EveryDay (MR points) since I had the Cash version. Does someone have any experience with this? Thanks, CCD ...
by BW1985
Mon May 11, 2020 10:05 pm
Forum: Personal Consumer Issues
Topic: 90%+ chocolate bar
Replies: 67
Views: 4822

Re: 90%+ chocolate bar

Hi guys, Wondering if any of you found a high quality extra dark chocolate bar. I mean 90% or greater cocoa, and minimally processed. I found two at the store but I'm thinking there might be some that are less processed: Lindt has 90% and 95% but it uses alkali processed cocoa, also called dutch-pr...
by BW1985
Mon May 11, 2020 10:02 pm
Forum: Personal Consumer Issues
Topic: 90%+ chocolate bar
Replies: 67
Views: 4822

Re: 90%+ chocolate bar

go_mets wrote:
Mon May 11, 2020 8:33 pm
88% Endangered Species
bittersweet chocolate (chocolate liquor, sugar, soy lecithin, vanilla)
https://chocolatebar.branddriver.com/pa ... a-3-oz-bar
added bonus of being vegan since it does not have milk fat found in many chocolate bars
+1. This is my favorite.
by BW1985
Mon May 11, 2020 11:59 am
Forum: Personal Consumer Issues
Topic: United Airlines miles and bankruptcy
Replies: 46
Views: 4058

Re: United Airlines miles and bankruptcy

Maybe not in 2020, but in some not to distant future things will get back to normal. People will start traveling again for pleasure. I know we will. Wife and I are already talking about traveling in August. Yes we will wear masks for the flight and clean our surroundings with Clorox wipes. I have t...
by BW1985
Mon May 11, 2020 10:44 am
Forum: Personal Consumer Issues
Topic: United Airlines miles and bankruptcy
Replies: 46
Views: 4058

Re: United Airlines miles and bankruptcy

Maybe not in 2020, but in some not to distant future things will get back to normal. People will start traveling again for pleasure. I know we will. Wife and I are already talking about traveling in August. Yes we will wear masks for the flight and clean our surroundings with Clorox wipes. I have t...
by BW1985
Mon May 11, 2020 9:56 am
Forum: Personal Consumer Issues
Topic: United Airlines miles and bankruptcy
Replies: 46
Views: 4058

Re: United Airlines miles and bankruptcy

Yes, they've been de-valued in recent months, but is there any expectation that they will be RE-valued at some future point for non-travel redemptions? Well it's possible, yes. Delta has recently released 2cpp vacation packages and award flash sales, so their points have increased in value. They us...
by BW1985
Sun May 10, 2020 7:05 pm
Forum: Personal Consumer Issues
Topic: United Airlines miles and bankruptcy
Replies: 46
Views: 4058

Re: United Airlines miles and bankruptcy

Yes, they've been de-valued in recent months, but is there any expectation that they will be RE-valued at some future point for non-travel redemptions? Well it's possible, yes. Delta has recently released 2cpp vacation packages and award flash sales, so their points have increased in value. They us...
by BW1985
Sun May 10, 2020 6:55 pm
Forum: Personal Consumer Issues
Topic: United Airlines miles and bankruptcy
Replies: 46
Views: 4058

Re: United Airlines miles and bankruptcy

No, United frequent flier mileage was not zeroed out after the last bankruptcy. They continued operations. Going back many years now we also know that TWA miles transferred to American and Pan Am miles transferred to Delta. I'd be more concerned about mileage devaluation which happens with and with...
by BW1985
Sat May 09, 2020 11:39 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 18810
Views: 2629700

Re: U.S. stocks in free fall

Forester wrote:
Sat May 09, 2020 7:36 pm
Bitcoin selling off is ominous for stocks; Bitcoin has been leading the stock market since late 2017.
Seems like you're grasping at straws now.
by BW1985
Fri May 08, 2020 8:48 pm
Forum: Personal Consumer Issues
Topic: Plunger reccomendation for newer toilets
Replies: 23
Views: 1279

Re: Plunger reccomendation for newer toilets

I need help with how to use a plunger because apparently I'm not doing it right. I have an older toilet with the korky beehive mentioned a few times here. I think I have a partial blockage somewhere because I flush, the bowl fills but there's a pause before it leaves the bowl.
by BW1985
Fri May 08, 2020 3:52 pm
Forum: Personal Finance (Not Investing)
Topic: Easy $200 from Penfed?
Replies: 52
Views: 5403

Re: Easy $200 from Penfed?

I got through the application and credit check but was only approved for the savings account. I recently opened a savings account at Capital One, I wonder if that's what triggered it. No soup for me. Same thing happened to me. I have taken advantage of 4 other bonuses from different banks recently,...
by BW1985
Fri May 08, 2020 3:48 pm
Forum: Personal Finance (Not Investing)
Topic: Easy $200 from Penfed?
Replies: 52
Views: 5403

Re: Easy $200 from Penfed?

I used to chase bank bonuses and made a fair amount of money with little effort....I stopped a few years ago since I tired of the hassle. But this one is low hanging fruit...especially for those already with a Penfed account. I may start again when my CDs mature next month given how poor the option...
by BW1985
Thu May 07, 2020 12:15 pm
Forum: Personal Investments
Topic: Please help me get out of international
Replies: 64
Views: 3315

Re: Please help me get out of international

Anon9001 wrote:
Thu May 07, 2020 11:51 am
Vanguard has nice active funds for "Int".
Such as?
by BW1985
Thu May 07, 2020 11:26 am
Forum: Personal Investments
Topic: Please help me get out of international
Replies: 64
Views: 3315

Re: Please help me get out of international

I can’t believe someone holding a mere 12% of international is freaking out. Cheers Thanks for the comment. Do you think I'm running around with my hair on fire? Also, thousands and thousands of dollars matter to some of us, especially those of us who don't make six figures. Not everyone here think...
by BW1985
Mon May 04, 2020 3:03 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 18810
Views: 2629700

Re: U.S. stocks in free fall

The problem is: We don't know and I do not want to miss the boat when it leaves towards SP500 3'500... :annoyed I'm afraid that boat is docked right alongside the cruise ships and that neither will be heading out to sea any time soon. Carnival announced today it would begin resuming cruises startin...
by BW1985
Mon May 04, 2020 11:41 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 18810
Views: 2629700

Re: U.S. stocks in free fall

Any of the bears here putting their money where there mouth is and shorting S&P? Or just cheering for a fall on the sidelines? Just curious.
by BW1985
Wed Apr 29, 2020 9:27 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 5702
Views: 486904

Re: U.S. stocks continue to soar!

I just finished watching the WWII documentary on Netflix yesterday . To even think Japan and Germany and the world have any meaningful recovery after that level of destruction within a couple of decades is mind boggling. The current crisis is bad, but nothing compare to back then. Don’t bet against...
by BW1985
Wed Apr 29, 2020 3:18 pm
Forum: Investing - Theory, News & General
Topic: Well, I am market timing due to coronavirus... Wish me luck.
Replies: 1121
Views: 97068

Re: Well, I am market timing due to coronavirus... Wish me luck.

I spend most of my time at r/wallstreetbets . I clicked the link. I can say I have little idea of what's going on in there but it feels like walking into a casino with a bunch of "professional gamblers", in their own minds at least. I get the impression that there are a few big winners and many, ma...
by BW1985
Wed Apr 29, 2020 2:20 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 5702
Views: 486904

Re: U.S. stocks continue to soar!

I just finished watching the WWII documentary on Netflix yesterday . To even think Japan and Germany and the world have any meaningful recovery after that level of destruction within a couple of decades is mind boggling. The current crisis is bad, but nothing compare to back then. Don’t bet against...
by BW1985
Tue Apr 28, 2020 3:51 pm
Forum: Personal Investments
Topic: FIRE 32 Y/O New Investor Portfolio Review
Replies: 58
Views: 6645

Re: FIRE 32 Y/O New Investor Portfolio Review

vipertom1970 wrote:
Thu Apr 23, 2020 9:35 pm
I could be wrong but I don't think your retirement age at 40 is realistic.
I think its very realistic given OP's income. Just need very high savings rate + low expenses, which most people on the FIRE train are well aware of.
by BW1985
Tue Apr 28, 2020 3:15 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 5702
Views: 486904

Re: U.S. stocks continue to soar!

Pretty simple to skip it. You just don't push the button. Threads devoted to daily market ups and downs are anti-Boglehead :) There are lots of anti-Boglehead threads/posts here lately. Contrarian views offer debates and things to talk about. If everyone set a 3 fund portfolio up and didn't peek th...
by BW1985
Tue Apr 28, 2020 3:12 pm
Forum: Investing - Theory, News & General
Topic: Well, I am market timing due to coronavirus... Wish me luck.
Replies: 1121
Views: 97068

Re: Well, I am market timing due to coronavirus... Wish me luck.

I didn't put my strategy on pause because I had experienced a gut wrenching drawdown. Rather, I saw an opportunity and took advantage of it. Compare that to some of the 'die-hard' folks that were here back in 2008 and seriously contemplating 'plan B'. Trend following strategies certainly still have...
by BW1985
Tue Apr 28, 2020 2:58 pm
Forum: Investing - Theory, News & General
Topic: Well, I am market timing due to coronavirus... Wish me luck.
Replies: 1121
Views: 97068

Re: Well, I am market timing due to coronavirus... Wish me luck.

Yes, the U.S. market has. It's also included some gut wrenching drawdowns that resulted in many investors bailing out, drawdowns that took many years to recover from in multiple instances. willthrill81, I know you took a lot of heat on your thread about trend following, and no longer wish to discus...
by BW1985
Tue Apr 28, 2020 1:59 pm
Forum: Personal Consumer Issues
Topic: Hilton Vs Marriott
Replies: 16
Views: 1274

Re: Hilton Vs Marriott

Jags4186 wrote:
Tue Apr 28, 2020 1:54 pm
Hotels don’t care how you obtain your status. All of your status perks are paid by corporate. The hotels want to give as many status related perks away as possible to get reimbursed by Hilton corporate.
That's my understanding as well. They don't care.
by BW1985
Tue Apr 28, 2020 1:37 pm
Forum: Personal Finance (Not Investing)
Topic: chase sapphire rewards strategy
Replies: 18
Views: 1523

Re: chase sapphire rewards strategy

I have a lot more than I can use in the coming years given all my other points with the programs directly. I've already cashed out all my MR and will be doing the same with most of my UR. How many UR are you sitting on? I have over 450k, which I was saving to use for an international family trip, w...
by BW1985
Tue Apr 28, 2020 12:48 pm
Forum: Personal Consumer Issues
Topic: Hilton Vs Marriott
Replies: 16
Views: 1274

Re: Hilton Vs Marriott

Considering American Express will pay you $150 to have Diamond status I would try to get Marriott Ambassador. The problem with Hilton Diamond is that when everyone is elite, no one is elite. Yes, but the hotels know (or can easily find out) how one achieved Diamond status and they often treat the c...