Search found 829 matches

by Tuxx
Sat Jul 21, 2012 2:23 am
Forum: Investing - Theory, News & General
Topic: If the economy is so bad, why are stocks High?
Replies: 41
Views: 6936

Re: If the economy is so bad, why are stocks High?

ilmartello wrote:Based on as reported earnings over the trailing twelve months, the sp 500 has a p.e of 15.
Without mark to market accounting we will never know the true PE.

Are you counting the pensions that are underfunded?

CDO/CDS/CDI that are worthless are being accounted as whole
by Tuxx
Sat Jul 21, 2012 2:10 am
Forum: Investing - Theory, News & General
Topic: If the economy is so bad, why are stocks High?
Replies: 41
Views: 6936

Re: If the economy is so bad, why are stocks High?

Low interest rate are forcing people to buy stocks to reach for yield.

This will end badly. Just a matter of time.
by Tuxx
Mon Jun 25, 2012 8:06 am
Forum: Investing - Theory, News & General
Topic: Mature Bogelheads: What did you wish you knew at 18 or 25?
Replies: 88
Views: 9555

Re: Mature Bogelheads: What did you wish you knew at 18 or 2

Ok. Show me the workers that can get "paid" $1 and take $25M as a "bonus".
by Tuxx
Mon Jun 25, 2012 1:49 am
Forum: Personal Consumer Issues
Topic: 10 Brands That Will Disappear in 2013
Replies: 19
Views: 4766

Re: 10 Brands That Will Disappear in 2013

Nokia is on life support. Just hanging on by rumors someone is going to buy them.
by Tuxx
Mon Jun 25, 2012 1:47 am
Forum: Investing - Theory, News & General
Topic: Mature Bogelheads: What did you wish you knew at 18 or 25?
Replies: 88
Views: 9555

Re: Mature Bogelheads: What did you wish you knew at 18 or 2

billjohnson wrote:Public sector workers in US now earn (on average) twice as much as the private sector.
You are comparing apples to oranges.
by Tuxx
Mon Jun 25, 2012 1:24 am
Forum: Investing - Theory, News & General
Topic: Mature Bogelheads: What did you wish you knew at 18 or 25?
Replies: 88
Views: 9555

Re: Mature Bogelheads: What did you wish you knew at 18 or 2

reggiesimpson wrote:Excercise daily forever and dont eat crap.
And exercise your mind. :mrgreen:
by Tuxx
Mon Jun 25, 2012 1:20 am
Forum: Investing - Theory, News & General
Topic: Mature Bogelheads: What did you wish you knew at 18 or 25?
Replies: 88
Views: 9555

Re: Mature Bogelheads: What did you wish you knew at 18 or 2

18 I was 100% invested in Fidelity Magellan and Walmart (401K) and thought investing was easy.

Between 18 and 25 my yearly return was north of 30%.

Wish I saved more money during that period. My saving rate then was around 15%. The other 85% was total wasteful spending.
by Tuxx
Mon Jun 25, 2012 1:08 am
Forum: Personal Finance (Not Investing)
Topic: Why are you trying to save so much money?
Replies: 131
Views: 27698

Re: Why are you trying to save so much money?

To pay for my 4, one month vacations a year to different countries. This year; Panama/Costa Rica, Thailand/Singapore, Russia and Australia/New Zealand/Vanuatu. Avoiding the Euro zone this year. :shock: Traveling is getting worse and worse and I would rather do it now then when I am older. Once I ret...
by Tuxx
Sun Jun 24, 2012 1:49 am
Forum: Investing - Theory, News & General
Topic: Best Vanguard ETF for dividends? VYM, VIG, another?
Replies: 5
Views: 2692

Re: Best Vanguard ETF for dividends? VYM, VIG, another?

25% each; Consumer Staples, Telecom, Utilities. Energy is a nice mix.
by Tuxx
Fri Jun 22, 2012 11:57 am
Forum: Investing - Theory, News & General
Topic: How to Loose a Fortune: Baseball Edition
Replies: 18
Views: 1590

Re: How to Loose a Fortune: Baseball Edition

Taxpayers of RI were the big losers. They are on the hook for a $100M+ loan.
by Tuxx
Fri Jun 22, 2012 2:27 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 8615
Views: 1680451

Re: U.S. stocks in freefall

Looking at the action in Asian and Europe - figured I may as well bump this thread now.

Image
by Tuxx
Fri Jun 22, 2012 2:21 am
Forum: Investing - Theory, News & General
Topic: what's a millionaire today ?
Replies: 38
Views: 3754

Re: what's a millionaire today ?

Interesting question. House is really a depreciating asset and you never own it. It needs to be upgraded and maintained so constant overhead. Houses compared to wage growth are greatly overpriced. Stocks/mutual funds/ETFs/ETNs change in price by the minute. We are one high speed trade mishap away fr...
by Tuxx
Thu Jun 21, 2012 10:07 pm
Forum: Investing - Theory, News & General
Topic: World Wealth Report 2012
Replies: 4
Views: 885

Re: World Wealth Report 2012

40 years ago you could retire on 100K so it is all relative.
by Tuxx
Thu Jun 21, 2012 10:01 pm
Forum: Investing - Theory, News & General
Topic: Do you regret saving too much?
Replies: 74
Views: 11567

Re: Do you regret saving too much?

[trolling comment deleted by admin alex]
by Tuxx
Thu Jun 21, 2012 9:59 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 8615
Views: 1680451

Re: U.S. stocks in freefall

The S&P 500 index was over 230 points higher - over a decade ago.
by Tuxx
Thu Jun 21, 2012 1:58 pm
Forum: Investing - Theory, News & General
Topic: Jack Bogle on CNBC 'Closing Bell' today
Replies: 27
Views: 3546

Re: Jack Bogle on CNBC 'Closing Bell' today

Going to go way, way, way out on a limb here.

Stay the course?
by Tuxx
Thu Jun 21, 2012 7:07 am
Forum: Investing - Theory, News & General
Topic: 6 Reasons to Consider Series I Bonds
Replies: 28
Views: 3321

Re: 6 Reasons to Consider Series I Bonds

I bonds have a fixed rate of 0 and you can only purchase $10K.

You can buy TIPs on the secondary market with a better rate then the new issues. Investing = researching. :beer
by Tuxx
Thu Jun 21, 2012 4:09 am
Forum: Investing - Theory, News & General
Topic: 6 Reasons to Consider Series I Bonds
Replies: 28
Views: 3321

Re: 6 Reasons to Consider Series I Bonds

Reason 7 - Raise the limit, Remove 5 year penalty.

Better off with your time looking into investing in TIPs.
by Tuxx
Thu Jun 21, 2012 4:04 am
Forum: Investing - Theory, News & General
Topic: How would taxing wall street transactions affect the market?
Replies: 6
Views: 901

Re: How would taxing wall street transactions affect the mar

They would do it from other exchanges, no matter what the tax is.
by Tuxx
Wed Jun 20, 2012 9:42 pm
Forum: Investing - Theory, News & General
Topic: So long, suckers — I’m leaving Wall Street
Replies: 8
Views: 2864

Re: So long, suckers — I’m leaving Wall Street

I believe he is saying buy indexes via ETFs.
by Tuxx
Wed Jun 20, 2012 11:48 am
Forum: Investing - Theory, News & General
Topic: [POLL] Net worth to income ratio - how do you compare
Replies: 38
Views: 4705

Re: [POLL] Net worth to income ratio - how do you compare

I guess "income" is your income taxed at the fed rate?
by Tuxx
Wed Jun 20, 2012 11:44 am
Forum: Investing - Theory, News & General
Topic: [POLL] Net worth to income ratio - how do you compare
Replies: 38
Views: 4705

Re: [POLL] Net worth to income ratio - how do you compare

natureexplorer wrote:So the average household income in the 45-65 year category is above $100k??? :confused
Image
by Tuxx
Tue Jun 19, 2012 7:21 am
Forum: Investing - Theory, News & General
Topic: Dividend and Capital Gain Distributions
Replies: 25
Views: 1846

Re: Dividend and Capital Gain Distributions

gkaplan wrote:Shouldn't Vanguard have announced its latest dividend and capital gain distributions by now?
Bam: https://personal.vanguard.com/us/insigh ... une-062012
by Tuxx
Tue Jun 19, 2012 7:10 am
Forum: Investing - Theory, News & General
Topic: Fed survey of family finances shows sharp wealth decline
Replies: 52
Views: 8282

Re: Fed survey of family finances shows sharp wealth decline

Net worth implosion: It's not just housing

Overall, median household net worth declined 35% to $66,740 in 2010.

The median worth of stock and mutual fund portfolios fell 33%, while the median home equity value dropped 28%.

http://finance.yahoo.com/news/net-worth ... 00189.html
by Tuxx
Mon Jun 18, 2012 9:40 pm
Forum: Investing - Theory, News & General
Topic: Fed survey of family finances shows sharp wealth decline
Replies: 52
Views: 8282

Re: Fed survey of family finances shows sharp wealth decline

The title is the title of a recent fed report.

The content is discussing the possible reasons for the feds findings. Don't like the title, don't click on it. :thumbsup
by Tuxx
Mon Jun 18, 2012 8:21 am
Forum: Investing - Help with Personal Investments
Topic: 45 and wondering if I should stop investing altogether?
Replies: 67
Views: 9206

Re: 45 and wondering if I should stop investing altogether?

Dude, I got relatives like that. Turns out they are in deep debt and they regret that they stopped working. My brother "retired" when he was 29 in 1999 with over $35M and now works at Home Depot at a car detailing place :oops: . $70K outside of retirement is just not going to cut it. First step - tr...
by Tuxx
Mon Jun 18, 2012 8:13 am
Forum: Investing - Help with Personal Investments
Topic: 45 and wondering if I should stop investing altogether?
Replies: 67
Views: 9206

Re: 45 and wondering if I should stop investing altogether?

GRT2BOUTDOORS wrote: Which megacaps are yielding 5%+ that aren't teetering on a risky balance sheet, short of a commodity focused company?
Some that I own long term - over 10 years:

VOD, T, TOT, GSK, VZ, SNY, MO.

1 year return (for group) on avg 12% an avg 5% div rate (for group).
by Tuxx
Mon Jun 18, 2012 8:03 am
Forum: Investing - Help with Personal Investments
Topic: 45 and wondering if I should stop investing altogether?
Replies: 67
Views: 9206

Re: 45 and wondering if I should stop investing altogether?

Thanks for having an open mind.

Don't get down on yourself. You have made some good moves to put yourself in a better position.

Where do you have the $70K in cash? Are you making that work for you? Pennies and nickles approach.
by Tuxx
Mon Jun 18, 2012 7:11 am
Forum: Investing - Help with Personal Investments
Topic: 45 and wondering if I should stop investing altogether?
Replies: 67
Views: 9206

Re: 45 and wondering if I should stop investing altogether?

Which is why you don't count the house.

Outside of retirement he has $70K and he wants to stop investing.

Think about the family, indeed.
by Tuxx
Mon Jun 18, 2012 7:10 am
Forum: Investing - Theory, News & General
Topic: Is indexing bad for the economy?
Replies: 15
Views: 1667

Re: Is indexing bad for the economy?

Wristbands are probably made in China.
by Tuxx
Mon Jun 18, 2012 6:37 am
Forum: Investing - Theory, News & General
Topic: Navy Federal CU Interest Rates Down Again
Replies: 14
Views: 2033

Re: Navy Federal CU Interest Rates Down Again

Opps, you are correct. Thank you for clarifying. I stopped purchasing I bonds May 2007 and really have not kept up with them.

OP was looking for options with $50K. With the low I bond limit, 5 year penality and 0% fixed yield - must look elsewhere.
by Tuxx
Mon Jun 18, 2012 3:08 am
Forum: Investing - Help with Personal Investments
Topic: 45 and wondering if I should stop investing altogether?
Replies: 67
Views: 9206

Re: 45 and wondering if I should stop investing altogether?

Don't count the house. You have to live somewhere and .... have you tried to sell a house for what you thought it was worth lately? Actually in my way of thinking it is not wise to pay off a morgage when interest rates are at all time lows when you can build a nice dividend portfolio yielding 5%+ us...
by Tuxx
Mon Jun 18, 2012 12:12 am
Forum: Investing - Theory, News & General
Topic: Navy Federal CU Interest Rates Down Again
Replies: 14
Views: 2033

Re: Navy Federal CU Interest Rates Down Again

JustinR wrote:Aren't I Bonds 2.20% for one year? That seems like a good alternative.
Fixed rate of 0%. Inflation rate of 1.1% that can change every 6 months.

Not worth the risk. Under 5 years you have to pay a penalty to get out of them.

Also the max is only $5K.
by Tuxx
Mon Jun 18, 2012 12:09 am
Forum: Investing - Help with Personal Investments
Topic: 45 and wondering if I should stop investing altogether?
Replies: 67
Views: 9206

Re: 45 and wondering if I should stop investing altogether?

You probably have earned over $2M and have less than $500K in assets.

Do I need to say more?
by Tuxx
Sun Jun 17, 2012 11:55 am
Forum: Investing - Theory, News & General
Topic: Fed survey of family finances shows sharp wealth decline
Replies: 52
Views: 8282

Re: Fed survey of family finances shows sharp wealth decline

The Top 1 Percent: What Jobs Do They Have?

http://www.nytimes.com/packages/html/ne ... f=business

Unless our economy is more production the trend of sharp wealth decline will continue.

Wall Street, lawyers and doctors is not going to cut it.
by Tuxx
Sun Jun 17, 2012 11:16 am
Forum: Investing - Theory, News & General
Topic: Fed survey of family finances shows sharp wealth decline
Replies: 52
Views: 8282

Re: Fed survey of family finances shows sharp wealth decline

Image

Just took a peak at this chart. Thank you for posting it.

Notice back pre 1940s. All those high points were followed by market crashes.

The high point after is 2000 and 2008 - hmmm. :shock:
by Tuxx
Sun Jun 17, 2012 11:09 am
Forum: Investing - Theory, News & General
Topic: Fed survey of family finances shows sharp wealth decline
Replies: 52
Views: 8282

Re: Fed survey of family finances shows sharp wealth decline

2.8 million Americans are 12 months or more behind on their mortgages :shock: . This truly amazing data point represents a very sad fact of the housing market. Once a homeowner falls that far behind in their mortgage, the odds are that they will never catch up. (Mortgage mods are likely to fail at a...
by Tuxx
Sun Jun 17, 2012 8:01 am
Forum: Investing - Theory, News & General
Topic: Fed survey of family finances shows sharp wealth decline
Replies: 52
Views: 8282

Re: Fed survey of family finances shows sharp wealth decline

Record number getting food stamps. To quality for food stamps you have to have less than $2000 in assets (not including home and one car).

I think a lot of people are in denial what their home will really sale for compare to what they think it would sale for.
by Tuxx
Sat Jun 16, 2012 10:45 pm
Forum: Investing - Theory, News & General
Topic: Navy Federal CU Interest Rates Down Again
Replies: 14
Views: 2033

Re: Navy Federal CU Interest Rates Down Again

I still have 3 - 5 years I bought back in October - December 2008 yielding 4.93%. Instead of doing $10Kers I should of done $20Kers and gotten 5.03%. I thought 10K for an extra .10% was excessive. :oops: Was going to do a 12 month ladder and the rates crashed in January and I was waiting for them to...
by Tuxx
Sat Jun 16, 2012 9:38 pm
Forum: Investing - Theory, News & General
Topic: Navy Federal CU Interest Rates Down Again
Replies: 14
Views: 2033

Re: Navy Federal CU Interest Rates Down Again

tomd37 wrote: Even the largest credit union in this country is being affected or at least tightening their belt. :moneybag
Actually it increases their profits. Have you seen credit card rates go down?

With that spread you can make a ton of money.
by Tuxx
Fri Jun 15, 2012 10:21 pm
Forum: Investing - Theory, News & General
Topic: NY Times analysis of Target Retirement Funds
Replies: 10
Views: 2013

Re: NT Times analysis of Target Retirement Funds

Looks like Vanguard has good offerings to me compared to other fund families.
by Tuxx
Fri Jun 15, 2012 10:17 pm
Forum: Personal Finance (Not Investing)
Topic: A GM Pension offer
Replies: 112
Views: 12350

Re: A GM Pension offer

A know this is a hard decision. I would take option a. There is a good chance GM restructure plans may fail. Which could mean your benefits could go to PBGC and you are capped on how much you can get - which is much lower than this offer. The peace of mind of taking the lump and run is something to...
by Tuxx
Fri Jun 15, 2012 10:10 pm
Forum: Personal Finance (Not Investing)
Topic: A GM Pension offer
Replies: 112
Views: 12350

Re: A GM Pension offer

Based on his info I would say option b since women live longer than men and he could invest the difference.

PRU's abiliity to absorb this elephant is my sticky point.
by Tuxx
Fri Jun 15, 2012 10:02 pm
Forum: Personal Finance (Not Investing)
Topic: A GM Pension offer
Replies: 112
Views: 12350

Re: A GM Pension offer

PRU has fallen 25% in the last 3 months and near all time lows. I think GM would get a bail out sooner than PRU. What is putting up the red flag for me is GM is transferring more pension obligations than the marketcap of PRU. PRU market cap $22B - GM transferring $26B in pensions. That math does not...
by Tuxx
Fri Jun 15, 2012 9:46 pm
Forum: Personal Finance (Not Investing)
Topic: A GM Pension offer
Replies: 112
Views: 12350

Re: A GM Pension offer

Wow, Stan you posted seconds prior to me and we are expressing the same thing.

Find it surprising the posters prior to us don't understand GM's true financial state.

I been shorting the dog snot out of GM for over a year. :shock:
by Tuxx
Fri Jun 15, 2012 9:44 pm
Forum: Personal Finance (Not Investing)
Topic: A GM Pension offer
Replies: 112
Views: 12350

Re: A GM Pension offer

A know this is a hard decision. I would take option a. There is a good chance GM restructure plans may fail. Which could mean your benefits could go to PBGC and you are capped on how much you can get - which is much lower than this offer. The peace of mind of taking the lump and run is something to ...
by Tuxx
Fri Jun 15, 2012 3:42 am
Forum: Investing - Theory, News & General
Topic: POLL: Has your investment course changed in 15 years?
Replies: 52
Views: 3846

Re: POLL: Has your investment course changed in 15 years?

Oh yeah the biggie. Sold primary residence, 1 vacation and 3 rental properties July 2006. Sold them all in 2 weeks. Reason: Neighbor came over and told me our "value" has gone up 2% a month for the last 18 months in a row. Went inside and called the real estate agent. :wink: Now only own 3 working f...