Search found 726 matches

by Dude2
Fri Nov 09, 2018 2:15 pm
Forum: Personal Consumer Issues
Topic: Too many choices for my next TRUCK
Replies: 94
Views: 6836

Re: Too many choices for my next TRUCK

Also, we made sure to purchase a 4x4 as it's what was needed for winter driving where we live. I have a feeling that any pickup truck that is selling in the low $30s is a 2-wheel drive, and you probably wouldn't be happy with that in the winter if you get snow and ice. Let us know what you decided ...
by Dude2
Fri Oct 26, 2018 1:29 pm
Forum: Investing - Help with Personal Investments
Topic: Tax Loss Harvest OR Buy More?
Replies: 19
Views: 1486

Re: Tax Loss Harvest OR Buy More?

https://www.bogleheads.org/wiki/Tax_loss_harvesting

At the bottom is a chart with substitute funds.
by Dude2
Fri Oct 26, 2018 9:08 am
Forum: Investing - Help with Personal Investments
Topic: Tax Loss Harvest OR Buy More?
Replies: 19
Views: 1486

Re: Tax Loss Harvest OR Buy More?

No rule about anything having to cook for a certain amount of time before you can sell it at a loss. The only complexity there is that you have different buckets for short term and long term losses. No more difficult at tax time than what you already have to do if you have taxable investments. Folks...
by Dude2
Fri Oct 26, 2018 8:58 am
Forum: Investing - Help with Personal Investments
Topic: Tax Loss Harvest OR Buy More?
Replies: 19
Views: 1486

Re: Tax Loss Harvest OR Buy More?

When you sell/exchange at a loss, then the clock starts ticking. You don't want to buy more of that investment within 30 days or you'll incur a wash sale. A wash sale isn't a bad thing, but it means that not as much of the loss as you were expecting will be reported to irs in your annual statements ...
by Dude2
Sat Oct 20, 2018 5:30 am
Forum: Investing - Help with Personal Investments
Topic: anybody sell I Bonds to buy something else?
Replies: 38
Views: 3604

Re: anybody sell I Bonds to buy something else?

A few years ago I just got tired of dealing with TreasuryDirect and the limitations of only being able to buy a small amount each year. For simplification purposes I sold all my iBonds, and I simply bought short term Tips fund in TIRA. Have you seen this thread?
by Dude2
Fri Oct 05, 2018 10:19 pm
Forum: Investing - Theory, News & General
Topic: Correlation between the FIRE movement and one of the greatest bull markets
Replies: 158
Views: 13790

Re: Correlation between the FIRE movement and one of the greatest bull markets

I agree with pokebowl: for some reason there is contempt toward the people who strive for early retirement because it appears they are lazy or something. I don't understand why, if they are using sound investment practices and are prepared for the eventual ups and downs. God bless them if they choo...
by Dude2
Fri Oct 05, 2018 9:34 pm
Forum: Personal Finance (Not Investing)
Topic: 20 countries where 200K in retirement savings will last you decades
Replies: 75
Views: 9149

Re: 20 countries where 200K in retirement savings will last you decades

It's great to fantasize about this, but please take it from someone that has lived overseas for multiple years and was a Navy brat growing up - there is no place as good as the USA. If i had to pick second place, it would be a highly developed country, ie something from the MSCI developed (not emerg...
by Dude2
Fri Oct 05, 2018 12:24 am
Forum: Investing - Theory, News & General
Topic: Correlation between the FIRE movement and one of the greatest bull markets
Replies: 158
Views: 13790

Re: Correlation between the FIRE movement and one of the greatest bull markets

On paper I think you are right, Watty. FIRE just seems counter-intuitive. Even with good insurance things can get very costly, and we can't insure against every negative in life. I'm in the camp of keep working, keep saving while you still can and while it is still reasonably expected of you by soci...
by Dude2
Thu Oct 04, 2018 11:49 pm
Forum: Investing - Help with Personal Investments
Topic: Where to park 40k?
Replies: 9
Views: 1279

Re: Where to park 40k?

A money market fund, the choice of which will depend on your specific circumstances as laid out very well by The Finance Buff (TFB) in this article.
by Dude2
Thu Oct 04, 2018 11:34 pm
Forum: Investing - Theory, News & General
Topic: Correlation between the FIRE movement and one of the greatest bull markets
Replies: 158
Views: 13790

Re: Correlation between the FIRE movement and one of the greatest bull markets

Sorry if this seems derisive against FIRE proponents, but I just don't see it as possible. I'm in tech and make a good living, hopefully something that continues. However, I briefly went back to school to bone-up on fresh tech, and I used ACA to do so. Even my crappy ACA insurance that did nothing f...
by Dude2
Thu Oct 04, 2018 5:51 am
Forum: Personal Consumer Issues
Topic: U.S. mailing address/forwarding for expats
Replies: 25
Views: 2231

Re: U.S. mailing address/forwarding for expats

I'm currently an expat, and fortunately I have a good friend helping me out. I will say, though, that I tried doing the Premium Forwarding Service via the US Post Office for a long term assignment I was on domestically, and boy did that experiment fail miserably. I had to pay around $20 to sign up a...
by Dude2
Thu Oct 04, 2018 5:39 am
Forum: Investing - Theory, News & General
Topic: Correlation between the FIRE movement and one of the greatest bull markets
Replies: 158
Views: 13790

Re: Correlation between the FIRE movement and one of the greatest bull markets

1982-2000 was a whole lot more exciting than the recent run, which is simply the recovery from an awful investing decade ending in a catastrophic global financial crisis. I guess if you inherited a big bucket of money in early 2009 from your Uncle Miser and you lump summed it all into the market yo...
by Dude2
Sun Sep 16, 2018 5:12 am
Forum: Personal Consumer Issues
Topic: Developer Laptop
Replies: 26
Views: 1823

Re: Developer Laptop

Agree with the sentiment that you can get so much more for the money in a desktop versus a laptop. I shop at the following Dell refurb website which is different from this other one . Fantastic deals abound, and I suggest signing up for eCoupons. Just got a coupon for 40% off. Use SAVE40NOW as coupo...
by Dude2
Wed Sep 12, 2018 8:26 am
Forum: Personal Consumer Issues
Topic: Advice on how to deal with barking dogs
Replies: 59
Views: 5276

Re: Advice on how to deal with barking dogs

I'm surprised that I did not see any posts regarding attacking this problem on your end, i.e. working to soundproof your house better. I have lived in Florida where homes are of concrete block construction due to hurricanes, and I have lived in the extreme north part of the country where houses are ...
by Dude2
Sun Sep 09, 2018 6:27 am
Forum: Personal Consumer Issues
Topic: Buying a new Toyota Camry. What extra options if any?
Replies: 70
Views: 4848

Re: Buying a new Toyota Camry. What extra options if any?

I'd get the JBL super upgraded sound system.
by Dude2
Fri Sep 07, 2018 11:48 pm
Forum: Personal Consumer Issues
Topic: Attic Insulation Over Plywood Floor?
Replies: 10
Views: 1188

Re: Attic Insulation Over Plywood Floor?

The cellulose kind of insulation that you blow in has the advantage of settling into cracks and giving you a more homogeneous insulation job. The laying of the fiberglass batts perpendicularly will have some imperfections where the batts meet and where the surface they lay upon is not quite level. B...
by Dude2
Fri Sep 07, 2018 11:19 pm
Forum: Investing - Theory, News & General
Topic: Lessons from the financial crisis (Pisani, CNBC)
Replies: 52
Views: 5114

Re: Lessons from the financial crisis (Pisani, CNBC)

What I took away from those years was just how rude all of a sudden managers became. Assume you have an engineer that is doing the exact same job (level of effort) prior to those years, during those years, and after those years. During those years, that engineer could do nothing right. This was a ti...
by Dude2
Mon Sep 03, 2018 3:10 am
Forum: Personal Consumer Issues
Topic: first round ticket to US Open Tennis 2019
Replies: 17
Views: 1600

Re: first round ticket to US Open Tennis 2019

A lot of the advice is going to hinge on what you want to get out of this experience. The article talks about choosing quality over quantity and not opting to get a grounds admission. I agree and disagree. I think a person should experience both. It is very cool to wander the grounds and see all the...
by Dude2
Wed Aug 29, 2018 10:52 am
Forum: Investing - Theory, News & General
Topic: Most commonly misused/misunderstood investing terms and concepts (on BH forum)
Replies: 220
Views: 11667

Re: Most commonly misused/misunderstood investing terms and concepts (on BH forum)

Gold produces nothing and pays no dividends. I can't eat it. I'm going to assume anyone who owns gold is expecting a zombie apocalypse, so therefore, I would rather own lead and canned beans. It is correlated to neither stocks nor bonds so there is reason to aportion a small allocation to this asse...
by Dude2
Wed Aug 29, 2018 3:32 am
Forum: Investing - Theory, News & General
Topic: Most commonly misused/misunderstood investing terms and concepts (on BH forum)
Replies: 220
Views: 11667

Re: Most commonly misused/misunderstood investing terms and concepts (on BH forum)

Is there a better quantitative measure for risk? Not being facetious, genuinely curious. I think I have to fall back on a misused term and say that nobody knows nothing. In this context I would say that we have to define what we mean, and not everybody is going to be on the same page. Volatility is...
by Dude2
Wed Aug 29, 2018 3:04 am
Forum: Investing - Theory, News & General
Topic: Most commonly misused/misunderstood investing terms and concepts (on BH forum)
Replies: 220
Views: 11667

Re: Most commonly misused/misunderstood investing terms and concepts (on BH forum)

Risk equals volatility The entire financial industry, academics, BH forum members, and financial advisers all want to dumb down the concept of risk. Apparently it is accepted that risk equals volatility, and you should just know what everybody means when they use the term. On the other hand, every p...
by Dude2
Tue Aug 28, 2018 11:26 am
Forum: Personal Finance (Not Investing)
Topic: Protecting myself against suit for Personal Injury
Replies: 19
Views: 2653

Re: Protecting myself against suit for Personal Injury

Very sorry to hear it Deke. It's not the first time I've heard this scenario described. When I lived in Louisiana, I heard people often talk about how they were going to get the down payment on their house by getting into a fender bender and then suing. I'm pretty paranoid about this situation. How ...
by Dude2
Tue Aug 28, 2018 2:39 am
Forum: Personal Finance (Not Investing)
Topic: How to Pass on Money Against My Sister's Wishes (Ethics and Finance)
Replies: 74
Views: 7608

Re: How to Pass on Money Against My Sister's Wishes (Ethics and Finance)

Can you not talk to the head of household for each of the three siblings and tell them that the sister's wish was to give them this money and to not reveal it to any of the other siblings? (Thus leaving the 4th out according to the sister's instructions and not complicating it among all the siblings...
by Dude2
Mon Aug 27, 2018 11:04 am
Forum: Personal Consumer Issues
Topic: Considering opportunity in Melbourne - Florida. Any insight about the area?
Replies: 29
Views: 2405

Re: Considering opportunity in Melbourne - Florida. Any insight about the area?

Indeed, as the post above indicates, there are numerous employers in the area. Harris is probably the largest, but Northrop Grumman is slated to be equally as large by the end of 2018. Most other large defense contractors have small satellite offices there. Off the top of my head, you have Raytheon,...
by Dude2
Sat Aug 25, 2018 8:24 am
Forum: Investing - Theory, News & General
Topic: Short term TIPS fund vs TIPS fund in Roth IRA
Replies: 3
Views: 348

Re: Short term TIPS fund vs TIPS fund in Roth IRA

I chose to put short term tips fund in my TIRA and regular tips fund in my Roth. My rationale was that the Roth is not subject to RMD, so I would be free to wait it out to recoup losses due to interest rate increases. I try to keep my AA (risk profile) the same in my Roth and TIRA to allow them an e...
by Dude2
Sat Aug 25, 2018 8:14 am
Forum: Investing - Help with Personal Investments
Topic: Buying Vanguard fund via bank account instead of settlement fund
Replies: 8
Views: 809

Re: Buying Vanguard fund via bank account instead of settlement fund

This is one advantage of mutual funds over ETFs. To buy an ETF, you have to two-step. However, Vanguard does allow you to buy an ETF with the money from an incoming transfer, even if the transfer hasn't posted; it will post by the settlement date of the ETF purchase, which is when the money needs t...
by Dude2
Wed Aug 22, 2018 5:03 am
Forum: Investing - Help with Personal Investments
Topic: Money Market Funds?
Replies: 9
Views: 1321

Re: Money Market Funds?

I'm in the same boat. It's a seller's market out there. Now that we've sold, we need to wait for a buyer's market. :happy Anyway, I'm using Vanguard Prime Money Market to hold the cash. It pays roughly three times what my credit union money market account pays. No downsides except paying tax on the ...
by Dude2
Sun Aug 19, 2018 8:48 pm
Forum: Personal Consumer Issues
Topic: Sellers beware on eBay.
Replies: 66
Views: 6376

Re: Sellers beware on eBay.

Well, eBay has evolved, and there were certainly times in the early days when the buyer got ripped off. At least you got burned on a small ticket item. Good info, thanks. eBay was a big eye-opener to me in terms of the unbelievable mark-up that exists on some items that you'd normally buy in the sto...
by Dude2
Sun Aug 19, 2018 10:32 am
Forum: Investing - Theory, News & General
Topic: How to Underperform the Market
Replies: 48
Views: 5045

Re: How to Underperform the Market

Yes, sorry Taylor, I was getting a little philosophical there and not practical. If we define the market as the reference frame and we cling to it for dear life, then by definition we cannot lose. The market itself can go up and down, but if nobody can consistently beat it over time, there is no be...
by Dude2
Sun Aug 19, 2018 10:04 am
Forum: Investing - Theory, News & General
Topic: How is equity/bond allocation different from overweighting sectors/asset classes?
Replies: 5
Views: 632

Re: How is equity/bond allocation different from overweighting sectors/asset classes?

Interesting read from Forbes on the subject (circa 2014). Other things equal, financial theory says this passive, long-only portfolio with market capitalization weights is the portfolio that we should own. In aggregate and on average, it is the portfolio we do own, but alas, individually we typical...
by Dude2
Sat Aug 18, 2018 11:13 am
Forum: Investing - Theory, News & General
Topic: How to Underperform the Market
Replies: 48
Views: 5045

Re: How to Underperform the Market

There are many roads that don't lead to Dublin.
(couldn't resist)
by Dude2
Sat Aug 18, 2018 10:41 am
Forum: Investing - Help with Personal Investments
Topic: Advantages of I-Bonds vs CD ?
Replies: 34
Views: 4991

Re: Advantages of I-Bonds vs CD ?

I-Bonds are great, but Treasury Direct has its issues. There have been threads here about what happens when you die and your heirs try to collect your Treasury Direct assets. First off, they have to know about them. They have to know all the details about them. Here's a thread on this. So, this is a...
by Dude2
Sat Aug 18, 2018 7:48 am
Forum: Personal Finance (Not Investing)
Topic: physics/math major looking for programmer/analyst job?
Replies: 89
Views: 5923

Re: physics/math major looking for programmer/analyst job?

You also know that limiting his search to NYC he is going to run into mostly financial services firms. Yes, 100% true. I work in defense (a huge employer for engineering, IT, scientists), and so much of my industry has fled the HCOL areas. Taxes are just too high, despite the political pressures to...
by Dude2
Fri Aug 17, 2018 10:14 pm
Forum: Investing - Theory, News & General
Topic: How to Underperform the Market
Replies: 48
Views: 5045

Re: How to Underperform the Market

Yes, sorry Taylor, I was getting a little philosophical there and not practical. If we define the market as the reference frame and we cling to it for dear life, then by definition we cannot lose. The market itself can go up and down, but if nobody can consistently beat it over time, there is no bet...
by Dude2
Fri Aug 17, 2018 10:06 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Switch to Brokerage Accounts
Replies: 60
Views: 6462

Re: Vanguard Switch to Brokerage Accounts

It just gives you more flexibility in choosing investments and allows you to move between them with same-day purchases and sales. Does this mean you can actually trade mutual funds with same-day purchases? You can get around the 30-day frequent trading restrictions? Or do mutual funds within a brok...
by Dude2
Fri Aug 17, 2018 9:54 pm
Forum: Investing - Theory, News & General
Topic: How to Underperform the Market
Replies: 48
Views: 5045

Re: How to Underperform the Market

If an investor owns the market, then, if they never leave the market, they will never lose, right?
by Dude2
Fri Aug 17, 2018 9:25 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Switch to Brokerage Accounts
Replies: 60
Views: 6462

Re: Vanguard Switch to Brokerage Accounts

If one transitions to a brokerage account, it is my understanding you can hold mutual funds in the account. You do not need to move to ETFs correct? This appears to be correct. Thanks Abuss. So, I guess that when you own MFs that are wrapped inside a brokerage account you have to play by the rules ...
by Dude2
Fri Aug 17, 2018 9:14 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Switch to Brokerage Accounts
Replies: 60
Views: 6462

Re: Vanguard Switch to Brokerage Accounts

Believe it or not but as was posted in the last rant thread on Vanguard brokerage vs mutual fund accounts that Vanguard will be transitioning all accounts to brokerage accounts in the near future. I would not be making long tern plans based on the mutual fund structure. However, we also know Vangua...
by Dude2
Fri Aug 17, 2018 8:56 pm
Forum: Personal Finance (Not Investing)
Topic: physics/math major looking for programmer/analyst job?
Replies: 89
Views: 5923

Re: physics/math major looking for programmer/analyst job?

In order to get more experience with larger software systems, it helps to find an (opensource) project to work on / collaborate on. E.g., find an opensource project he's passionate about and start contributing or read the code to understand what design is etc. That is good advice, or he can work on...
by Dude2
Wed Aug 08, 2018 10:50 pm
Forum: Investing - Theory, News & General
Topic: If it were March, 2000, would you still allocate 50% to Stocks?
Replies: 94
Views: 4835

Re: If it were March, 2000, would you still allocate 50% to Stocks?

When the dot com bubble burst I was 100% stocks. Now here we are, what, two additional bursts later, and I am sitting at 50/50. Yes, I believe that I can weather the storm at 50/50. That's why I chose it -- due to getting burned. I just wish that the OP of this thread and the OP of the thread about ...
by Dude2
Sun Aug 05, 2018 11:08 am
Forum: Investing - Help with Personal Investments
Topic: Muni Bond vs CDs
Replies: 5
Views: 752

Re: Muni Bond vs CDs

A great deal depends on a person's specific situation, i.e. tax brackets (state and federal), if the munis are federally tax exempt or both federally and state tax exempt, if these individual Munis or a mutual fund. A Tax Equivalent Yield Calculator can help determine if Munis are worth it. The tax ...
by Dude2
Thu Aug 02, 2018 10:15 pm
Forum: Personal Consumer Issues
Topic: Gated communities pros and cons? (Atlanta or anywhere.)
Replies: 67
Views: 4561

Re: Gated communities pros and cons? (Atlanta or anywhere.)

Well, rgs92, the gate is probably meant to be more of a deterrent than an effective security measure. We keep having people (visitors/workmen) crashing through our exit gate. This has happened 3 times in the past two years. It bends up the exit gate and makes for costly repairs. However, despite the...
by Dude2
Fri Jul 27, 2018 8:09 am
Forum: Personal Consumer Issues
Topic: Tips for staying active / injury-free into older age
Replies: 162
Views: 14599

Re: Tips for staying active / injury-free into older age

Many of these kinds of threads get locked, so I'll try to jump in quickly.

Warm up first, i.e. before I start my workout I use the eliptical for 5 minutes.
Stretch before, do your workout, stretch after.
by Dude2
Mon Jul 23, 2018 3:45 am
Forum: Personal Consumer Issues
Topic: Engineers come in.
Replies: 108
Views: 8350

Re: Engineers come in.

The attrition rate is massive. ME and EE are almost all math.
by Dude2
Fri Jul 20, 2018 2:12 am
Forum: Investing - Help with Personal Investments
Topic: International Allocation and Underperformance vs US
Replies: 15
Views: 1238

Re: International Allocation and Underperformance vs US

I believe the concept here of outperformance vs. underperformance is largely an illusion that is based on the strength and weakness of the dollar. The stocks themselves are highly correlated. Your argument could be not to invest in international for that reason alone, i.e. why bother when the two mo...
by Dude2
Fri Jul 20, 2018 1:12 am
Forum: Investing - Help with Personal Investments
Topic: High Crypto Allocation
Replies: 37
Views: 3284

Re: High Crypto Allocation

I am almost 100% ignorant when it comes to cryptocurrency, and I get by on what I hear my friends and coworkers talking about. What bothers me the most is when I hear them talk about the selling aspects. It isn't the buying I would be concerned about. It is easy to take your cash and move it into cr...
by Dude2
Thu Jul 19, 2018 11:12 am
Forum: Investing - Help with Personal Investments
Topic: Where do you keep your Emergency Fund?
Replies: 50
Views: 6185

Re: Where do you keep your Emergency Fund?

The beauty of the ladder is having something always maturing that you can access penalty free. If you don't need it, it just rolls over, and you keep all the CD's at the highest paying interest end of the spectrum. If rates rise, your newly maturing instruments catch the rising rates. It's on autopi...
by Dude2
Mon Jul 16, 2018 10:03 am
Forum: Personal Finance (Not Investing)
Topic: Where to get a $100 bill?
Replies: 49
Views: 5459

Re: Where to get a $100 bill?

Any place that changes currency (like from Euros to Dollars) or probably places that you can get money wired to you, i.e. Western Union branch in local supermarket. I'm overseas, and I have to get paid in foreign currency. When I change it back all they have over here are $100's and $5's.
by Dude2
Fri Jul 13, 2018 12:21 am
Forum: Investing - Help with Personal Investments
Topic: Where do you keep your Emergency Fund?
Replies: 50
Views: 6185

Re: Where do you keep your Emergency Fund?

5-year CD at my local credit union (3%). I'm interested that nearly everyone seems to keep their emergency funds in accounts that are immediately accessible with no penalty. I think a small penalty for accessing is actually a good idea - it keeps you from accessing the money for anything other than...