Search found 153 matches

by 552BB
Sun Feb 25, 2018 8:36 pm
Forum: Personal Finance (Not Investing)
Topic: Side Hustle: Hourly financial planning
Replies: 44
Views: 5123

Re: Side Hustle: Hourly financial planning

Hello BH,

I like this thread.

At work, so I will check in later.



:D


:sharebeer
by 552BB
Wed Jan 31, 2018 1:27 pm
Forum: Investing - Help with Personal Investments
Topic: The Disaster That Is General Electric Company Stock
Replies: 17
Views: 3904

Re: The Disaster That Is General Electric Company Stock

Hello BH, Good morning munemaker, Apparently some on here think this is a buying opportunity. https://www.bogleheads.org/forum/viewtopic.php?f=1&t=232792 Personally, I say stay away from individual stocks and buy mutual funds. Most will do a lot better in the long run. Thanks for linking my post tha...
by 552BB
Wed Jan 17, 2018 9:47 am
Forum: Investing - Theory, News & General
Topic: The "Armchair Millionaire"- the "original" 3 fund portfolio?
Replies: 3
Views: 1436

Re: The "Armchair Millionaire"- the "original" 3 fund portfolio?

Good morning BH,



I am bumping this thread to see more comments.



I thought this Lewis Schiff book was great at the time.



I would be surprised if more people didn't get influenced by it. It was a very Bogle style book at the time.



Thanks.



:sharebeer
by 552BB
Tue Jan 16, 2018 9:38 pm
Forum: Investing - Help with Personal Investments
Topic: GE - a good value?
Replies: 113
Views: 11805

Re: GE - a good value?

Good evening Bogleheads from the left coast, Hello laputan86, Great time to get in now. As of yet, I have not bought GE. I will continue to give it some time. With the news out today, I will continue to wait and see. The news of a posible break up of GE will keep me from investing for now. The news ...
by 552BB
Tue Jan 16, 2018 12:25 pm
Forum: Investing - Theory, News & General
Topic: The "Armchair Millionaire"- the "original" 3 fund portfolio?
Replies: 3
Views: 1436

Re: The "Armchair Millionaire"- the "original" 3 fund portfolio?

Good morning Bogleheads, Hello sleepysurf, I read this book right after getting to know about John Bogle and Vanguard. The two Bogle books I had read and studied were John Bogle on Mutual funds and Common Sence on Mutual funds. I had been convinced by John Bogle of the power and validity of index in...
by 552BB
Sun Dec 24, 2017 11:05 pm
Forum: Local Chapters and Bogleheads Community
Topic: My Christmas Present to You
Replies: 90
Views: 9545

Re: My Christmas Present to You

Good Christmas Eve,



Merry Christmas to all and thank you all.



:sharebeer
by 552BB
Sun Dec 24, 2017 11:39 am
Forum: Investing - Help with Personal Investments
Topic: Are Roth IRAs overrated?
Replies: 88
Views: 10791

Re: Are Roth IRAs overrated?

Good morning BH, Hello Fivek, I read something yesterday (https://gocurrycracker.com/roth-sucks/) that I hadn't thought through yet. Namely that the conventional wisdom on whether to do traditional or roth doesn't often clarify the fact that you need to think about what your effective tax rate will ...
by 552BB
Sat Dec 23, 2017 4:54 pm
Forum: Investing - Help with Personal Investments
Topic: Are Roth IRAs overrated?
Replies: 88
Views: 10791

Re: Are Roth IRAs overrated?

Hello BH, Good afternoon nisiprius, Back in the 1990s, it was common to show illustrations of the benefits of nontaxable compounding by assuming far higher annual returns than people would be willing to assume now. And what with one thing and another, I think the differences people expect to see bet...
by 552BB
Thu Dec 21, 2017 12:11 pm
Forum: Investing - Help with Personal Investments
Topic: Top Hat vs taxable dilemma
Replies: 12
Views: 1765

Re: Top Hat vs taxable dilemma

Hello BH, Thanks for clarification Mudpuppy. New question to this old post then. Hello again, Hello anticrastinator, Hi all, For the past few years I've been contributing to a Top Hat 457(f) plan at work { not a 457(b)}, steadily growing, soon to reach 100k. I am currently in the highest income tax ...
by 552BB
Thu Dec 21, 2017 9:37 am
Forum: Personal Finance (Not Investing)
Topic: Please Post Tax Bill Questions Here [was Tax Bill Omnibus Thread]
Replies: 886
Views: 60650

Re: Tax Bill Omnibus Thread

Good morning BH, Hello TexD, I’ve been participating In my MegaCorp’s unqualified Deferred Compensation plan (409a) for some time now and I have questions regarding the tax treatment under the new tax bill. They way I have currently architected my deferrals is to be paid out a portion over a 15 year...
by 552BB
Wed Dec 20, 2017 9:01 pm
Forum: Investing - Help with Personal Investments
Topic: GE - a good value?
Replies: 113
Views: 11805

Re: GE - a good value?

Good evenig BH,

I just noticed the other GE post and thought I would bump this thread.

Sorry, but I don't know how to combine 2 threads.

Actually, I probably am not alowed to do this.



Thank you



:sharebeer
by 552BB
Mon Dec 18, 2017 6:49 pm
Forum: Personal Finance (Not Investing)
Topic: Can I afford it: Dodge Challenger
Replies: 122
Views: 7624

Re: Can I afford it: Dodge Challenger

Good everning BH, Hello MrNewEngland, So I guess I spoke a little too soon in my last thread when I said I talked myself out of a bad decision... I am now starting to talk myself back into buy the car. So here are the details: 2016 Challenger Scat Pack optioned out the way I want it Asking price $34...
by 552BB
Fri Dec 15, 2017 7:54 am
Forum: Personal Finance (Not Investing)
Topic: FIRE [financial independence/retire early]
Replies: 140
Views: 16818

Re: FIRE [financial independence/retire early]

Good morning BH, Early morning here on the west coast. I discovered Bogleheads at least a couple years before I became aware of the FIRE concept. Bogleheads helped me get my finances in order. FIRE blogs helped me take a look at the bigger picture of what that money could mean for me and my family. ...
by 552BB
Thu Dec 14, 2017 1:10 pm
Forum: Personal Finance (Not Investing)
Topic: FIRE [financial independence/retire early]
Replies: 140
Views: 16818

Re: FIRE [financial independence/retire early]

Good morning BH, Hello BW1985. I don't understand the name calling and animosity. If you believe in the 4% rule, use it. And if you don't, then don't use it. :sharebeer I agree with you. I just got back from Puerto Vallarta Mexico. I had a wonderful vacation. When I am down there hanging out on the ...
by 552BB
Thu Dec 14, 2017 12:38 pm
Forum: Investing - Help with Personal Investments
Topic: GE - a good value?
Replies: 113
Views: 11805

Re: GE - a good value?

Good morning livesoft, I think quite a lot of people will be selling GE before January 1 in the normal course of tax-loss harvesting. Interesting point. GE has not participated in this current market runup we have had lately. Even being away for only a couple of weeks (in Mexico), you get to see qui...
by 552BB
Thu Dec 14, 2017 12:30 pm
Forum: Personal Consumer Issues
Topic: 2018 Goals - Financial or Otherwise
Replies: 68
Views: 6405

Re: Two goals

Good morning all, Hello Taylor, Good evening BH community, Hello Taylor Larimore Bogleheads: Two goals: 1. Continued good health. I'm 93 years old. 2. I would like to read my new book, The Bogleheads' Guide to the Three-Fund Portfolio, when it is published on April 23, 2018. Best wishes Taylor Bravo...
by 552BB
Thu Dec 14, 2017 11:52 am
Forum: Personal Finance (Not Investing)
Topic: Analysis Paralysis: Can you get to the bottom of things?
Replies: 136
Views: 10797

Re: Analysis Paralysis: Can you get to the bottom of things?

Hello BH, Good morning flyingaway, Good evening all, I found this quote funny. If I had the perfect portfolio, I would not tell anyone. For me, I think if I had the perfect portfolio, I would tell everyone. I don't think I could help myself. To the OP, you have been given great advice here. The perf...
by 552BB
Thu Dec 14, 2017 11:38 am
Forum: Investing - Help with Personal Investments
Topic: GE - a good value?
Replies: 113
Views: 11805

Re: GE - a good value?

Good morning BH, Just got back from my vacation in Mexico. What a wonderful time. I wanted to restart this thread. I want to explore some more topics of GE. I have looked into some of GE's pension issues. I read some reports on other web sights. Does anyone have some good analysis or reports that yo...
by 552BB
Wed Dec 13, 2017 9:19 am
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Don’t Write Off Value
Replies: 22
Views: 3910

Re: Larry Swedroe: Don’t Write Off Value

Good morning BH, Hello Random Walker, http://www.etf.com/sections/index-investor-corner/swedroe-19?nopaging=1 Excellent article. Although Larry focuses on the value premium, the article can be extrapolated to the behavior of all factors, including the market factor. They can all have very long perio...
by 552BB
Sun Dec 10, 2017 5:21 pm
Forum: Investing - Help with Personal Investments
Topic: Easiest company for backdoor Roth
Replies: 8
Views: 711

Re: Easiest company for backdoor Roth

Hello BH Hi indexlover, Here is a step by step guide to do it in Vanguard: https://www.physicianonfire.com/backdoor/ and a wonderful guide for how to fill out the Form 8606 and considerations for when to do the Backdoor IRA for a particular year. https://thefinancebuff.com/backdoor-roth-tax-return-m...
by 552BB
Sun Dec 03, 2017 12:12 am
Forum: Investing - Help with Personal Investments
Topic: GE - a good value?
Replies: 113
Views: 11805

Re: GE - a good value?

Good evening BH Hello Valuethinker, GE aviation is a oligopoly. On the large commercial aviation jet engine side, it is virtually a monopoly. That's a very strange thing to say? Rolls Royce did the engines for the A380, the largest commercial airliner yet built (I think there is a larger Russian Ant...
by 552BB
Sat Dec 02, 2017 12:04 pm
Forum: Personal Finance (Not Investing)
Topic: FIRE [financial independence/retire early]
Replies: 140
Views: 16818

Re: FIRE [financial independence/retire early]

Good morning BH, And when something bad happens the young people go what a tragic accident while the old people go that was an expected outcome. If the 4% rule was remotely as safe as sky diving nobody would debate it.😁 Now that is funny. I like Bigbonds comments too. The comments made about FI and ...
by 552BB
Sat Dec 02, 2017 11:23 am
Forum: Investing - Help with Personal Investments
Topic: GE - a good value?
Replies: 113
Views: 11805

Re: GE - a good value?

Good morning BH, Good morning BH, Looks like another up day, week, month, and year so far for the overall markets. Obvious winners this year, well that is easy..... Bitcoin. Laggards I would say are also very obvious..... GE. This reminds me of another great time in our recent history. Remember 1999...
by 552BB
Sat Dec 02, 2017 11:19 am
Forum: Investing - Theory, News & General
Topic: bitcoin - is there any real value here or is it a pure Ponzi scam?
Replies: 236
Views: 23942

Re: bitcoin - is there any real value here or is it a pure Ponzi scam?

Hello Olcuryy,


Oicuryy wrote:
Sat Dec 02, 2017 11:14 am
Does a 1-cent postage stamp that sold for $9.5 million have any "real value"?
https://www.smithsonianmag.com/smithson ... 180955412/

Ron

I would say absolutely yes.



:sharebeer
by 552BB
Sat Dec 02, 2017 11:08 am
Forum: Investing - Theory, News & General
Topic: bitcoin - is there any real value here or is it a pure Ponzi scam?
Replies: 236
Views: 23942

Re: bitcoin - is there any real value here or is it a pure Ponzi scam?

Good morning BH, I will repeat some of what I posted earlier. Bitcoin is a sham. Think of it this way. What is any currency used for, whether it be dollars, pesos, etc. Its used to purchase; goods, services, entertainment, all kinds of things. What is bitcoin used for currently? That is right, NOT f...
by 552BB
Fri Dec 01, 2017 11:05 pm
Forum: Investing - Theory, News & General
Topic: bitcoin - is there any real value here or is it a pure Ponzi scam?
Replies: 236
Views: 23942

Re: bitcoin - is there any real value here or is it a pure Ponzi scam?

Good evening BH, My .02 cents. Bitcoin is a sham. Think of it this way. What is any currency used for, whether it be dollars, pesos, etc. Its used to purchase; goods, services, entertainment, all kinds of things. What is bitcoin used for currently? That is right, NOT for purchasing. It is used for o...
by 552BB
Fri Dec 01, 2017 11:24 am
Forum: Investing - Help with Personal Investments
Topic: GE - a good value?
Replies: 113
Views: 11805

Re: GE - a good value?

Good morning BH, Looks like another up day, week, month, and year so far for the overall markets. Obvious winners this year, well that is easy..... Bitcoin. Laggards I would say are also very obvious..... GE. This reminds me of another great time in our recent history. Remember 1999. Remember the so...
by 552BB
Thu Nov 30, 2017 12:14 pm
Forum: Investing - Help with Personal Investments
Topic: GE - a good value?
Replies: 113
Views: 11805

Re: GE - a good value?

Goood morning Bogleheads, Hi nedsaid. What Immelt said, and I have no reason to doubt him, is that post the Crash the new financial services regulations (that made GE Capital a Systemically Important Financial Institution) made it much more expensive to do business, and therefore less attractive. Ne...
by 552BB
Wed Nov 29, 2017 9:41 pm
Forum: Personal Finance (Not Investing)
Topic: Analysis Paralysis: Can you get to the bottom of things?
Replies: 136
Views: 10797

Re: Analysis Paralysis: Can you get to the bottom of things?

Good evening all, I found this quote funny. If I had the perfect portfolio, I would not tell anyone. For me, I think if I had the perfect portfolio, I would tell everyone. I don't think I could help myself. To the OP, you have been given great advice here. The perfect portfolio will never exsist. No...
by 552BB
Wed Nov 29, 2017 7:27 pm
Forum: Investing - Help with Personal Investments
Topic: GE - a good value?
Replies: 113
Views: 11805

Re: GE - a good value?

Good evening BH from the left coast, Hello Jack, I thought similar things about Polaroid some years back. How to turn $4000 in cash into a broker's balance of $15. Nope. This is a great illustration of some of my argument for GE. Polaroid was a company who's time and product had come and gone. There...
by 552BB
Tue Nov 28, 2017 9:43 pm
Forum: Personal Consumer Issues
Topic: 2018 Goals - Financial or Otherwise
Replies: 68
Views: 6405

Re: Two goals

Good evening BH community, Hello Taylor Larimore Bogleheads: Two goals: 1. Continued good health. I'm 93 years old. 2. I would like to read my new book, The Bogleheads' Guide to the Three-Fund Portfolio, when it is published on April 23, 2018. Best wishes Taylor Bravo on #1, and congratulations. At ...
by 552BB
Tue Nov 28, 2017 8:44 pm
Forum: Investing - Help with Personal Investments
Topic: GE - a good value?
Replies: 113
Views: 11805

Re: GE - a good value?

Good evening BH, Hello again BH, I am grateful for all the input on this thread. Hello again foodstamp. Yes, GE has a large backlog, while it's margins suffer. It's good a taking orders, but fulfilling them is quite a different matter. GE's debt load is over $136 billion. By way of comparison their ...
by 552BB
Tue Nov 28, 2017 3:16 pm
Forum: Investing - Help with Personal Investments
Topic: GE - a good value?
Replies: 113
Views: 11805

Re: GE - a good value?

Hello again BH, I am grateful for all the input on this thread. Hello again foodstamp. Yes, GE has a large backlog, while it's margins suffer. It's good a taking orders, but fulfilling them is quite a different matter. GE's debt load is over $136 billion. By way of comparison their market cap is $15...
by 552BB
Tue Nov 28, 2017 10:17 am
Forum: Investing - Help with Personal Investments
Topic: GE - a good value?
Replies: 113
Views: 11805

Re: GE - a good value?

Hello BH community, Good morning BH community, Just made another pot of coffee and starting my morning. Getting ready to take my little puppy (1 year old German Shepard) in to get her fixed. Getting my Boglehead fix in first. :D after 100 posts you think this is the place to ask about individual sto...
by 552BB
Mon Nov 27, 2017 9:13 pm
Forum: Investing - Help with Personal Investments
Topic: GE - a good value?
Replies: 113
Views: 11805

Re: GE - a good value?

Good evening BH, Hello fblade007, This thread is the perfect example why I really don't like to be active on this Forum. 70+% of the comments are too much black/white. Every non-boglehead post gets shot down instead of receiving positive feedback. I understand the methodology but a balanced portfoli...
by 552BB
Mon Nov 27, 2017 4:30 pm
Forum: Investing - Help with Personal Investments
Topic: GE - a good value?
Replies: 113
Views: 11805

Re: GE - a good value?

Good afternoon BH, Thank you foodstamp, fblade007, and alpine_bogleheads for your posts. I will respond to each this afternoon. I found all your comments useful. foodstamp wrote; Not really. GE looks to be pretty overvalued at the current time, even after falling 40%. No growth in sight Large pensio...
by 552BB
Mon Nov 27, 2017 9:59 am
Forum: Investing - Help with Personal Investments
Topic: GE - a good value?
Replies: 113
Views: 11805

Re: GE - a good value?

Hello again nedsaid, Just getting my coffee started, and enjoying some reading. Nedsaid, I appreciate the warnings of your story. I really do. You, and others like nisprius, in_reality, and others have all made great posts about the hazards of investments in individual stocks, and in particular GE. ...
by 552BB
Mon Nov 27, 2017 9:41 am
Forum: Investing - Help with Personal Investments
Topic: GE - a good value?
Replies: 113
Views: 11805

Re: GE - a good value?

Good morning BH community, Just made another pot of coffee and starting my morning. Getting ready to take my little puppy (1 year old German Shepard) in to get her fixed. Getting my Boglehead fix in first. :D after 100 posts you think this is the place to ask about individual stocks? Why not? I’ve s...
by 552BB
Sun Nov 26, 2017 10:46 am
Forum: Investing - Theory, News & General
Topic: Common Sense on Mutual Funds
Replies: 20
Views: 2535

Re: Common Sense on Mutual Funds

Good morning simplesauce, I just finished reading Bogle’s book again, and it is wonderful. I am particularly intrigued by the section where he says you do not need any international stocks in your portfolio. I feel that this is very profound! I don’t see any other investment authors talking this way...
by 552BB
Sun Nov 26, 2017 8:14 am
Forum: Investing - Help with Personal Investments
Topic: GE - a good value?
Replies: 113
Views: 11805

Re: GE - a good value?

Good morning from the left coast, Good morning BH, Going on my hike this morning. I have not searched all the posts, so if comments have already been made, I have not read them. I am looking at GE right now. It has come down quite a bit. It has not reached a new high for more than fifteen years. Wow...
by 552BB
Sat Nov 25, 2017 11:35 am
Forum: Investing - Help with Personal Investments
Topic: GE - a good value?
Replies: 113
Views: 11805

Re: GE - a good value?

Good morning BH, Hello Taylor. Index fund is no safer at this level than GE. WhiteMaxima: Diversified index funds are MUCH safer than individual stocks. Best wishes. Taylor Absolutly correct. Over 90% of my investment income goes into the indexes for this and many other reasons. From a financal poin...
by 552BB
Fri Nov 24, 2017 10:54 am
Forum: Investing - Help with Personal Investments
Topic: GE - a good value?
Replies: 113
Views: 11805

Re: GE - a good value?

Good morning BH, Hello whodidntante, Kind of a funny story. I listened to an interview with GE's CEO. He said he was not aware that a spare jet was following him on his trips because he is a 100 hour a week guy and was too focused on his work. Immediately after, he was talking about the business, an...
by 552BB
Wed Nov 22, 2017 3:57 pm
Forum: Investing - Help with Personal Investments
Topic: GE - a good value?
Replies: 113
Views: 11805

Re: GE - a good value?

Good afternoon BH, Thanks for all the input. I have enjoyed reading the posts. I will reply to some other posts soon, but right now I am flying around the country and my time is limited. ...I am looking at GE right now. It has come down quite a bit. It has not reached a new high for more than fiftee...
by 552BB
Tue Nov 21, 2017 1:21 pm
Forum: Investing - Help with Personal Investments
Topic: GE - a good value?
Replies: 113
Views: 11805

Re: GE - a good value?

Hello all, Thanks for the posts. If you want to invest in cheap companies, find a good value index fund. Then you are not subject to single stock risk. Companies are cheap for a reason. Some will rebound and some will crash. It's hard to know which in advance. Hello rkhusky, I have the TSM and S&P i...
by 552BB
Tue Nov 21, 2017 10:07 am
Forum: Investing - Help with Personal Investments
Topic: GE - a good value?
Replies: 113
Views: 11805

GE - a good value?

Good morning BH, Going on my hike this morning. I have not searched all the posts, so if comments have already been made, I have not read them. I am looking at GE right now. It has come down quite a bit. It has not reached a new high for more than fifteen years. Wow. From what I can see, it is still...
by 552BB
Sat Sep 16, 2017 12:11 pm
Forum: Investing - Theory, News & General
Topic: Michael Kitces 4% rule podcast on Madfientist
Replies: 355
Views: 43817

Re: Michael Kitces 4% rule podcast on Madfientist

Hello BH community, I am adding to this post to address questions raised on another thread. Also, I did not want to hijack the other thread about Financial Independence (FI). In particular, some raised the bad financal events of recent, and how there was no work done on how some of these withdrawl r...
by 552BB
Thu Sep 14, 2017 6:45 pm
Forum: Investing - Theory, News & General
Topic: Michael Kitces 4% rule podcast on Madfientist
Replies: 355
Views: 43817

Re: Michael Kitces 4% rule podcast on Madfientist

Good evening BH, Hello camper1 Not sure if this has been posted, but this is a very interesting podcast on Mad Fientists website which Kitces gives very clear explanation of the 4% rule. I have read quite a bit on the subject, but listening to the discussion gives me much better understanding of how...
by 552BB
Tue Sep 12, 2017 7:18 pm
Forum: Investing - Theory, News & General
Topic: Michael Kitces 4% rule podcast on Madfientist
Replies: 355
Views: 43817

Re: Michael Kitces 4% rule podcast on Madfientist

Hello BH



Some excellent reading on this post



I'lll post some more of my thoughts on this thread later.



:sharebeer
by 552BB
Fri Sep 08, 2017 7:17 am
Forum: Investing - Theory, News & General
Topic: When Genius Failed by Roger Lowenstein
Replies: 31
Views: 6998

Re: When Genius Failed by Roger Lowenstein

Good morning BH, Glad this thread has been revived. I believe that some of the best lessons in finance come from reading a little history, as we can see from the late 90's and then agian in 2008. Almost like clock work. Will someone today or tomorrow invent some fail proof system for beating the mar...
by 552BB
Wed Sep 06, 2017 4:06 pm
Forum: Investing - Help with Personal Investments
Topic: Top Hat vs taxable dilemma
Replies: 12
Views: 1765

Re: Top Hat vs taxable dilemma

Hello again, Hello anticrastinator, Hi all, For the past few years I've been contributing to a Top Hat 457(f) plan at work { not a 457(b)}, steadily growing, soon to reach 100k. I am currently in the highest income tax bracket, and the pre-tax contribution made a lot of sense to me when I started ou...