Search found 969 matches

by czeckers
Fri Feb 23, 2018 1:02 pm
Forum: Investing - Help with Personal Investments
Topic: Young Investor: Investing In A Bear Market
Replies: 29
Views: 2264

Re: Young Investor: Investing In A Bear Market

I'm a relatively young investor. I'm about to turn 30 and I've only been investing since 2010 so I still consider myself relatively new to the "game". Historically I've just invested in low expense ratio index funds that stratagize to match the market. I'm talking about assets like DIA, QQQ, VOO, e...
by czeckers
Fri Feb 23, 2018 1:01 pm
Forum: Investing - Help with Personal Investments
Topic: Young Investor: Investing In A Bear Market
Replies: 29
Views: 2264

Re: Young Investor: Investing In A Bear Market

Mathematically speaking, the advice that you should just remain invested in the market and ignore the noise will probably be correct. However, there is a school of thought that novice investors should be invested fairly conservatively until they've tested their risk tolerance in a bear market. Theor...
by czeckers
Fri Feb 23, 2018 12:45 pm
Forum: Investing - Help with Personal Investments
Topic: Guaranteed 2% return?
Replies: 34
Views: 2545

Re: Guaranteed 2% return?

Since you can withdraw the principal from a Roth penalty free, this might work on a smaller scale where the amount might be $5,000 or less. However, with $1M, there is no way to contribute such a large amount into a Roth or any other tax-deferred vehicle. I also wouldn't use a 10-year treasury to fu...
by czeckers
Fri Feb 23, 2018 12:30 pm
Forum: Investing - Help with Personal Investments
Topic: Guaranteed 2% return?
Replies: 34
Views: 2545

Re: Guaranteed 2% return?

The best 5 year CD I could find on bankrate.com is 2.65% On a $1M amount, the excess 0.65% would earn you almost $33,000. However, the total interest on the CD would total almost $140,000. So if your taxes on the $140,000 would be less than $33,000, then you come out ahead. Otherwise, the differenti...
by czeckers
Fri Feb 23, 2018 12:21 pm
Forum: Investing - Theory, News & General
Topic: Terminology question: what does "losing money" mean?
Replies: 71
Views: 2700

Re: Terminology question: what does "losing money" mean?

I keep a quarter in my car for the shopping cart at Aldi's. I went there the other day and couldn't find my quarter.

That's losing money. :twisted:
by czeckers
Fri Feb 23, 2018 12:20 pm
Forum: Personal Finance (Not Investing)
Topic: How Do People Without Computer Access Prepare and File Their Taxes?
Replies: 51
Views: 2368

Re: How Do People Without Computer Access Prepare and File Their Taxes?

You can call 800-TAX-FORM and have any form mailed to you. There is no charge for this service. I presume that this requires you to know, in advance, what specific forms you will need. But if you discover, midway through preparing your taxes, that you need another form, do you have any idea on how ...
by czeckers
Thu Feb 22, 2018 9:37 am
Forum: Personal Consumer Issues
Topic: What UN-frugal thing do you do?
Replies: 164
Views: 7797

Re: What UN-frugal thing do you do?

Have lots of children
by czeckers
Mon Feb 19, 2018 8:34 am
Forum: Personal Finance (Not Investing)
Topic: What does it mean to be "in cash"?
Replies: 21
Views: 1254

Re: What does it mean to be "in cash"?

I always thought that meant swimming in your money vault like Scrooge McDuck.
by czeckers
Mon Feb 19, 2018 8:31 am
Forum: Personal Finance (Not Investing)
Topic: Home Insurance Claim by Previous Owners
Replies: 8
Views: 1030

Re: Home Insurance Claim by Previous Owners

It sounds like the damage was discovered after you became the owner of the home. Thus, unfortunately it makes it your problem. That's why the inspection and final walk through are so important. If you're going to file a claim, it should be with your insurance company. The only way you would have any...
by czeckers
Fri Feb 16, 2018 6:46 am
Forum: Investing - Help with Personal Investments
Topic: Did you learn anything from the market correction?
Replies: 160
Views: 11162

Re: Did you learn anything from the market correction?

People would freak out less if they tracked number of shares owned rather than the value of those shares.
by czeckers
Thu Feb 15, 2018 12:21 pm
Forum: Personal Finance (Not Investing)
Topic: Net Worth - How am I doing?
Replies: 14
Views: 2242

Re: Net Worth - How am I doing?

Looks like you are doing pretty well. If you are debt free and are maxing out your 401k and Roth IRA every year and are also contributing to a taxable account, that's fantastic! Here are links to some comparable data: Average Net Worth by Age The Average Net Worth for the Above Average Person
by czeckers
Thu Feb 15, 2018 11:29 am
Forum: Personal Consumer Issues
Topic: Unfinished basement ideas
Replies: 41
Views: 5332

Re: Unfinished basement ideas

Another option for finishing the floor is an epoxy finish. It looks good, is durable, and ok to get wet. I live in a cold climate, and having 3" of foam sprayed into the rim joist cavity all around the house made a pretty significant difference in comfort and energy costs. We paid $800 for a 1500 sq...
by czeckers
Mon Feb 12, 2018 11:53 am
Forum: Personal Consumer Issues
Topic: Network for Good
Replies: 6
Views: 572

Re: Network for Good

If you donate directly to the charity, Network for Good will not take its commission and more money will go directly to the charity. I agree with you. Unfortunately, this is a small charity that doesn't have the staff to handle direct donations. As far as I can tell, they charge a flat 3% transacti...
by czeckers
Mon Feb 12, 2018 11:11 am
Forum: Personal Consumer Issues
Topic: Network for Good
Replies: 6
Views: 572

Network for Good

Does anyone have experience donating to a charity through the Network for Good donor management service? I'm looking to set up a recurring donation to a charity that uses them. My big question is how they handle receipts and whether they'll send out a year-end statement for tax reporting purposes. A...
by czeckers
Mon Feb 12, 2018 10:02 am
Forum: Personal Consumer Issues
Topic: Mesh wifi solution sought for new house
Replies: 45
Views: 2169

Re: Mesh wifi solution sought for new house

Ah the perennial quest for good wifi... We have tried Luma which I do not recommend. We had a network of 6 Lumas, 3 of which failed within two years. Also had devices getting dropped off the network periodically. Now we have a pair of Netgear Orbi's. For some reason one of our Roku devices keeps get...
by czeckers
Thu Feb 08, 2018 3:28 pm
Forum: Investing - Theory, News & General
Topic: Harry Browne Permanent Portfolio Discussion (Cont'd)
Replies: 607
Views: 145720

Re: Harry Browne Permanent Portfolio Discussion (Cont'd)

That was very informative. Thank you.
by czeckers
Thu Feb 08, 2018 10:36 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 5600
Views: 1266215

Re: U.S. stocks in freefall

Most of the time, this thread resurfacing is my only indicator that the markets have gone down presenting a possible buying opportunity.
by czeckers
Thu Feb 08, 2018 8:07 am
Forum: Investing - Theory, News & General
Topic: Harry Browne Permanent Portfolio Discussion (Cont'd)
Replies: 607
Views: 145720

Re: Harry Browne Permanent Portfolio Discussion (Cont'd)

I've always wondered whether a precious metal mining fund such as VGPMX would be a workable substitute for GLD. My money is in retirement funds and I have access to mutual funds but not ETFs. So I took the chart provided by GratefulinNC substituting VGPMX instead of GLD. To my surprise I saw that VG...
by czeckers
Thu Feb 08, 2018 8:03 am
Forum: Investing - Theory, News & General
Topic: Harry Browne Permanent Portfolio Discussion (Cont'd)
Replies: 607
Views: 145720

Re: Harry Browne Permanent Portfolio Discussion (Cont'd)

Wondering whether a precious metal mining fund such as VGPMX would be a workable substitute for GLD. My money is in retirement funds and I have access to mutual funds but not ETFs.
by czeckers
Thu Feb 08, 2018 7:52 am
Forum: Personal Consumer Issues
Topic: Who has had a pool?
Replies: 79
Views: 4110

Re: Who has had a pool?

Our current house has an above ground pool that was installed by the previous owner. Prior to this we never had a pool and I was generally ambivalent about them. During the summer our kids use it almost daily, though usually just for a brief dip. The pool is fairly labor intensive. Every day you hav...
by czeckers
Thu Feb 01, 2018 12:14 pm
Forum: Personal Consumer Issues
Topic: How to ship two big tubs of butter internationally?
Replies: 43
Views: 3444

Re: How to ship two big tubs of butter internationally?

We always leave our butter out at room temp. It's much easier to spread when it's not rock hard from being in the fridge. Never had it go rancid, even in the summer without AC (though it might get very soft at that point).
by czeckers
Wed Jan 31, 2018 3:14 pm
Forum: Personal Finance (Not Investing)
Topic: Using 529 for grade school- help with strategy
Replies: 45
Views: 3894

Re: Using 529 for grade school- help with strategy

I would rather save for their grad school in you situation. My plan is saving for college and grad school for our 2 kids. Any left over money will be there for their own kids. Just like any tax advantage plank I want to see the max growth before withdrawal. Good luck. In my case, these are not mutu...
by czeckers
Tue Jan 30, 2018 4:33 pm
Forum: Personal Consumer Issues
Topic: Low depth elongated toilet?
Replies: 21
Views: 1899

Re: Low depth elongated toilet?

Good luck. Please let us know how things work out.
by czeckers
Tue Jan 30, 2018 4:27 pm
Forum: Personal Finance (Not Investing)
Topic: Using 529 for grade school- help with strategy
Replies: 45
Views: 3894

Re: Using 529 for grade school- help with strategy

Even if you could why would you want to do it? One scenario: I'm paying ~$10K/year for private school right now. I'm already done saving for college. I get to deduct from my state reportable income the first $10K I contribute to my state's 529. So, in theory, I may be able to use pretax dollars ins...
by czeckers
Mon Jan 29, 2018 2:52 pm
Forum: Personal Finance (Not Investing)
Topic: Tax estimator that includes AMT?
Replies: 7
Views: 715

Re: Tax estimator that includes AMT?

Thank you for the responses.
by czeckers
Mon Jan 29, 2018 2:22 pm
Forum: Personal Consumer Issues
Topic: Low depth elongated toilet?
Replies: 21
Views: 1899

Re: Low depth elongated toilet?

To the OP: is the 27.5" from the wall to the front of the toilet? Or the depth of the toilet itself? There are probably differences between different toilets with respect to how close they sit to the back wall. Unfortunately you may not know whether a toilet will work until you try it. Toto toilets ...
by czeckers
Thu Jan 25, 2018 2:14 pm
Forum: Investing - Theory, News & General
Topic: Small Value Premium - How Do You View It?
Replies: 94
Views: 6542

Re: Small Value Premium - How Do You View It?

I think it is reasonable to tilt, and I do so with my portfolio. However, one has to understand that the tilts can underperform the large indexes such as the S&P500 for very long periods of time, particularly when large growth is outperforming. One has to have the conviction to stick to the tilted p...
by czeckers
Thu Jan 25, 2018 1:25 pm
Forum: Investing - Theory, News & General
Topic: What are you up YTD? [Year To Date]
Replies: 1752
Views: 312178

Re: What are you up YTD? [Year To Date]

It can be addictive to watch the portfolio balance going up and up in a bull market. However, gut wrenching in a bear. If you can avoid looking at your balances, you'll probably be better off.
by czeckers
Thu Jan 25, 2018 1:23 pm
Forum: Personal Consumer Issues
Topic: Swing Shift vs 8-5
Replies: 32
Views: 2085

Re: Swing Shift vs 8-5

With school age children, a fixed night shift could work out as well. You sleep while kids are at school and are home in the morning before they go to school and can have dinner with the family before going to work. Probably not a good idea with younger children unless you can find some isolated spa...
by czeckers
Thu Jan 25, 2018 12:04 pm
Forum: Personal Finance (Not Investing)
Topic: Tax estimator that includes AMT?
Replies: 7
Views: 715

Tax estimator that includes AMT?

Does anyone know of a good tax estimator calculator that includes AMT? I live in a high tax state and have been paying about $6,000 AMT tax in the past, after deducting state/local/property taxes. I'm trying to figure out whether my tax situation for the coming year will be any different. On one han...
by czeckers
Thu Jan 25, 2018 11:57 am
Forum: Personal Finance (Not Investing)
Topic: How do you decide how wealthy you really are?
Replies: 58
Views: 7941

Re: How do you decide how wealthy you really are?

Wealthy = having more wealth than your wife's friends. :twisted:
by czeckers
Thu Jan 25, 2018 11:19 am
Forum: Investing - Theory, News & General
Topic: Dalio says bonds have entered a bear market
Replies: 96
Views: 9407

Re: Dalio says bonds have entered a bear market

The issue with bonds may not be consequential to those in the accumulation phase that have a long way to go, but it is certainly a concern to those that are in retirement. No one is disputing that bonds are entering a bear market, interest rates can only go up. This means that an investor that depe...
by czeckers
Thu Jan 25, 2018 11:14 am
Forum: Personal Finance (Not Investing)
Topic: Two commas for a day
Replies: 14
Views: 2243

Re: Two commas for a day

I do wish there was a greater emphasis on the number of shares owned. It might help alleviate some of the anxiety.
by czeckers
Tue Jan 23, 2018 11:27 am
Forum: Personal Consumer Issues
Topic: Is a minivan the only commuter vehicle / backup with 3 children?
Replies: 40
Views: 2468

Re: Is a minivan the only commuter vehicle / backup with 3 children?

I don't understand why both vehicles have to be capable of transporting all the children. If you are taking all 3, then just take the minivan. If you are taking 1 or 2, then you can use either a small sedan/SUV or the minivan. If your concern is "just in case" the minivan breaks down or is unavailab...
by czeckers
Mon Jan 08, 2018 12:37 pm
Forum: Personal Consumer Issues
Topic: New mattress
Replies: 75
Views: 7751

Re: New mattress

Heres a question, can you keep your old boxspring from your mattress from 15+ years ago and just replace the top? Absolutely! It's amazing how much confusion salesmen can generate about such a decidedly low tech product. I just bought a bunch of twin mattresses for my kids at Big Lots for $149 a pi...
by czeckers
Mon Jan 08, 2018 12:33 pm
Forum: Investing - Theory, News & General
Topic: 2017 Callan Periodic Table of Investment Returns
Replies: 35
Views: 4542

Re: 2017 Callan Periodic Table of Investment Returns

SimpleGift wrote:
Sat Jan 06, 2018 11:34 pm
  • Image
This is a very interesting presentation. Thank you for sharing.

I do wish the folks at Callan would also include REITs.
by czeckers
Mon Jan 08, 2018 12:26 pm
Forum: Investing - Theory, News & General
Topic: Memo to those who have won the game: it's time to quit playing
Replies: 210
Views: 18206

Re: Memo to those who have won the game: it's time to quit playing

This post emphasizes for me why it's important to have a well defined plan such as annual rebalancing on such and such date. One can agonize over these decisions indefinitely. Should I buy more, should I sell, change my AA??? Have a reasonable plan and stick with it. The more people monkey with thin...
by czeckers
Mon Jan 08, 2018 12:18 pm
Forum: Investing - Theory, News & General
Topic: Any thoughts on The Aurora Report? [Arora Report]
Replies: 51
Views: 10110

Re: Any thoughts on The Aurora Report? [Arora Report]

As a fellow physician, I can sympathize with the notion that when there is an area I don't know much about, all one has to do is turn to an expert for guidance. However, and this is the most important thing you have to understand, is that the markets are moved by unexpected news . Therefore, by defi...
by czeckers
Mon Jan 08, 2018 12:04 pm
Forum: Forum Issues and Administration
Topic: Help me understand question-less financial status (e.g. "2 comma club") threads.
Replies: 175
Views: 8984

Re: Help me understand question-less financial status (e.g. "2 comma club") threads.

I believe such posts belong in the Bogleheads Community forum. More importantly, I believe the Local Chapters and Bogleheads Community forum should be split into two separate forums . If someone wants to see when their local group is meeting and what's on the agenda, they shouldn't have to sort thr...
by czeckers
Mon Jan 08, 2018 11:58 am
Forum: Personal Consumer Issues
Topic: Hot Water Delay at faucet/shower far from water heater
Replies: 100
Views: 6674

Re: Hot Water Delay at faucet/shower far from water heater

Warm water from the water heater will come out of the cold faucets for 5-10 seconds (will this make the refrigerator's filtered drinking water "dirty"?). This is only the case for the farthest faucet where the on-demand recirculation pump is mounted. Any faucets in the middle of the plumbing run wi...
by czeckers
Mon Jan 08, 2018 9:56 am
Forum: Forum Issues and Administration
Topic: Help me understand question-less financial status (e.g. "2 comma club") threads.
Replies: 175
Views: 8984

Re: Help me understand question-less financial status (e.g. "2 comma club") threads.

I had to give this a bit of thought. Alex is correct that these threads are not actionable, however I do enjoy reading them. There is some irony here: If you are a strict adherent to the Boglehead philosophy, then not much is actually actionable. "Stay the Course" is not a call to action, but rather...
by czeckers
Thu Dec 28, 2017 2:49 pm
Forum: Investing - Theory, News & General
Topic: 1st, your education. Then...Location, Location, Location
Replies: 66
Views: 8653

Re: 1st, your education. Then...Location, Location, Location

I'm a doctor so living in or near a HCOL big city is a large financial mistake. I live in a low cost part of California, make about the same as my big city colleagues, but my cost of living is about half. 65-35 as a young investor with decades in the market is also a mistake, at least historically....
by czeckers
Thu Dec 14, 2017 2:06 pm
Forum: Personal Consumer Issues
Topic: Snow Tires? Worth it?
Replies: 147
Views: 7088

Re: Snow Tires? Worth it?

Definitely worth it. Our FWD minivan with snow tires did much much better in the snow than my AWD Subaru with new all-season tires. Now when I put snow tires on my Subaru, well, it's like a St. Bernard happily bounding through the snow without a care in the world. There is only about a square foot o...
by czeckers
Thu Nov 30, 2017 4:19 am
Forum: Investing - Theory, News & General
Topic: Which crash have you seen it before it is coming?
Replies: 134
Views: 10354

Re: Which crash have you seen it before it is coming?

I totally see the next crash coming. It's coming for sure. I just don't know when or why or how bad. :twisted:

I predict a bitcoin crash. Bitcoin remind me of tulips. Pretty tulips.
by czeckers
Thu Nov 30, 2017 4:12 am
Forum: Personal Finance (Not Investing)
Topic: Advice Needed - Has Anyone Chosen Work Life Balance over Extra Money?
Replies: 112
Views: 17153

Re: Advice Needed - Has Anyone Chosen Work Life Balance over Extra Money?

I took a 10% pay cut to go to a 4 day work week. My work days are 10-12 hour days. I cannot overstate the benefits of the extra time off. I even have a couple of hobbies now.
by czeckers
Wed Nov 22, 2017 4:07 pm
Forum: Investing - Help with Personal Investments
Topic: Slice and Dice
Replies: 40
Views: 3534

Re: Slice and Dice

Of course large growth has beaten the pants off of most tilted portfolios over the last 8 years or so. Maybe small/value tilt is set for a come back. :greedy
by czeckers
Thu Nov 09, 2017 11:33 am
Forum: Personal Finance (Not Investing)
Topic: Did you tell anyone you paid off your mortgage?
Replies: 338
Views: 39248

Re: Did you tell anyone you paid off your mortgage?

I find it strange how several here have said "I've only told my spouse." Although I'm not married, it seems odd to me that this is the type of event that needs to be communicated to a spouse, as if they'd ordinarily be clueless as to how much money they owed on their home. +1. Married. We divide up...
by czeckers
Thu Nov 09, 2017 10:24 am
Forum: Personal Consumer Issues
Topic: Mold Discovered in Potential House Purchase
Replies: 27
Views: 3048

Re: Mold Discovered in Potential House Purchase

Getting rid of the mold in an isolated area is usually pretty straightforward. The big issue is eliminating the conditions that caused it to grow in the first place. If that isn't done, then it will grow back. Without pictures it's hard to make specific recommendations. However, the sump pump is des...
by czeckers
Thu Nov 09, 2017 9:25 am
Forum: Personal Finance (Not Investing)
Topic: Anyone own a home and drop insurance coverage after mortgage paid off?
Replies: 61
Views: 5570

Re: Anyone own a home and drop insurance coverage after mortgage paid off?

We insure against catastrophic loss. If, say, the structure were to burn down, would you be able to afford to rebuild or acquire other housing without taking a significant hit financially? If you could absorb the cost easily, then you can self-insure.