Search found 5644 matches

by protagonist
Thu May 23, 2019 6:45 pm
Forum: Personal Investments
Topic: Help my broker is trying to freak me out
Replies: 91
Views: 12097

Re: My Broker is Freaking me out UPDATE

There are others here more knowledgeable than I am about these matters, but at first glance it seems like what she is being told is a lot of nonsense. The SEC rules stipulate that a broker has no fiduciary duty to his/her clients. Whereas the best course of action is generally self-management, you h...
by protagonist
Thu May 23, 2019 6:15 pm
Forum: Investing - Theory, News & General
Topic: Why will US or global stocks continue to grow in the future and forever?
Replies: 20
Views: 1041

Re: Why will US or global stocks continue to grow in the future and forever?

The Boglehead investment philosophy of buying and holding index funds for decades would have worked well at any time in the past, but how do we know it will work in the future? We don't. The future is always unknown. There is an assumption that the US stock markets and global stocks will, on averag...
by protagonist
Thu May 23, 2019 8:08 am
Forum: Investing - Theory, News & General
Topic: just a general comment about "too conservative" investors here
Replies: 142
Views: 12564

Re: just a general comment about "too conservative" investors here

Quite a few comments that posters here are "too conservative". Listen when we counsel many of the, often new, posters here, it's not because we are old fuddy duddies collecting our Social Security and talking about our glory days in the Luftwaffe together ... It's because we have ourselves (the dot...
by protagonist
Thu May 23, 2019 7:53 am
Forum: Personal Consumer Issues
Topic: Is Tesla Going To Survive?
Replies: 99
Views: 6505

Re: Is Tesla Going To Survive?

If you already bought a Tesla 3, don't sell it. Save it for your children. Consider it a $35000 long term speculative investment. If you didn't and have gambling money, and the company crashes, consider buying a used Tesla S within a few years of when the company crashes for a quarter of its origina...
by protagonist
Thu May 23, 2019 7:46 am
Forum: Personal Finance (Not Investing)
Topic: I evaluated taking SS at age 62 versus age 70
Replies: 67
Views: 4860

Re: I evaluated taking SS at age 62 versus age 70

Pu239 wrote:
Wed May 22, 2019 10:13 am
With a $78m difference in portfolio outcomes for both ages, how accurate can any conclusion comparing the two really be?
+1
by protagonist
Tue May 21, 2019 7:59 pm
Forum: Personal Consumer Issues
Topic: Gardening 2019
Replies: 91
Views: 6932

Re: Gardening 2019

"by protagonist » Tue May 21, 2019 12:50 pm What is the best gardening forum to ask questions (such as mine above) on the web?" Take a look at the National Gardening Association forums. I don't post there, but I have browsed their forums when I have had a question. https://garden.org/forums/ Years ...
by protagonist
Tue May 21, 2019 11:50 am
Forum: Personal Consumer Issues
Topic: Gardening 2019
Replies: 91
Views: 6932

Best gardening forum on web

What is the best gardening forum to ask questions (such as mine above) on the web?

I have used GardenWeb but now it is part of Houzz....very few people respond and it is a very commercial site.
by protagonist
Tue May 21, 2019 10:51 am
Forum: Personal Consumer Issues
Topic: Gardening 2019
Replies: 91
Views: 6932

Advice on heath/heather?

When at wit's end, always try the polymaths at Bogleheads. Here is my issue... I planted a mixture of heath (Erica darlyensis) and heather (Calluna vulgaris) along the edge of my garden about 5 years ago- Zone 5b-6 (MA), partial sun. I have had mixed results year to year. Parts of it look gorgeous, ...
by protagonist
Thu May 16, 2019 9:50 pm
Forum: Personal Investments
Topic: Simple question about FZDXX yield on Fidelity monthly statement
Replies: 1
Views: 288

Simple question about FZDXX yield on Fidelity monthly statement

On my monthly Fidelity statement for April, the 7-day yield of FZDXX is stated as 2.35%. But there is a separate column entitled "EY (%)", in which it is stated as 2.020%. I looked it up on Fidelity's webpage, and EY is the "estimated yield". Would that represent the annual yield based on the last 1...
by protagonist
Tue May 14, 2019 3:30 pm
Forum: Personal Investments
Topic: Does your retirement plan work if stocks are flat or in decline for decades?
Replies: 180
Views: 10314

Re: Does your retirement plan work if stocks are flat or in decline for decades?

I'm guessing the market has gone down lately? I don't bother checking, but I can always get a good idea based on the most recent threads (for example, "100% stocks" threads when the market is doing really well). Anyway, which is the greater risk?: The risk that a 60 year old, entering retirement, e...
by protagonist
Tue May 14, 2019 2:40 pm
Forum: Investing - Theory, News & General
Topic: Another Warren Buffett S&P 500 Recommendation
Replies: 109
Views: 15898

Re: Another Warren Buffett S&P 500 Recommendation

I just read the following on some website: "Obviously a few market professionals have indeed been able to beat the market averages over a sustained period of time. Warren Buffett is frequently cited as an example, and there is no doubt his record is distinguished — over 20% compounded per annum retu...
by protagonist
Tue May 14, 2019 2:26 pm
Forum: Personal Investments
Topic: How to calculate exactly how much money you'll have by retirement?
Replies: 60
Views: 6277

Re: How to calculate exactly how much money you'll have by retirement?

Don't bother trying to calculate, Shane. We know about as much about the economic state of the world in 2060 as we do about life on other planets. You are probably invested in a good fund. Just continue saving as much as you can while still enjoying life while you are young (you never know when it w...
by protagonist
Tue May 14, 2019 2:08 pm
Forum: Personal Investments
Topic: Social security should you take early if you don’t need the money?
Replies: 24
Views: 2759

Re: Social security should you take early if you don’t need the money?

If you don’t need the money should you take SS at say 65 instead of 70? I’d have to pay tax on it but I could invest it or use it instead of dipping into my investments. I’m retired. Really depends on your health and family history. Did most of them in the extended family live into their 90s - yes?...
by protagonist
Tue May 14, 2019 1:52 pm
Forum: Personal Investments
Topic: Social security should you take early if you don’t need the money?
Replies: 24
Views: 2759

Re: Social security should you take early if you don’t need the money?

Be aware of the 'tax torpedo', especially if you are fortunate to have a pension and a large amount in a pre-tax IRA. Add a delayed and increased SS to that at age 70 and you will get slammed when you have to start taking RMDs. I started taking SS at 65, to use for paying the tax on Roth conversion...
by protagonist
Mon May 13, 2019 6:09 pm
Forum: Personal Investments
Topic: Social security should you take early if you don’t need the money?
Replies: 24
Views: 2759

Re: Social security should you take early if you don’t need the money?

Hi, doub. This comes up from time to time. My simple answer to this dilemma that I posted in a previous similar thread: A huge mistake I humbly believe that many people make on this site is equating "maximum wealth" with "happiness" and "better life"...the latter is much more correlated with peace o...
by protagonist
Mon May 13, 2019 5:59 pm
Forum: Personal Investments
Topic: Does your retirement plan work if stocks are flat or in decline for decades?
Replies: 180
Views: 10314

Re: Does your retirement plan work if stocks are flat or in decline for decades?

If stocks return nothing for decades , most likely the entire worldwide economic system has collapsed. So I'd have go with No. +1 Planning for this scenario seems overkill to me. I’d be financially better off than the vast majority of people but the smart investment for this scenario is probably a ...
by protagonist
Mon May 13, 2019 5:48 pm
Forum: Personal Investments
Topic: Does your retirement plan work if stocks are flat or in decline for decades?
Replies: 180
Views: 10314

Re: Does your retirement plan work if stocks are flat or in decline for decades?

I don't believe there is much justification for making assumptions about the next 20 or 30 or 50 years based on a mere 100 or so years of US market performance during what may have been the greatest century of economic growth in the history of civilization. So yes, I am concerned about it. And yes, ...
by protagonist
Mon May 13, 2019 5:34 pm
Forum: Personal Consumer Issues
Topic: 4 nights in Lisbon stopover. Ideas?
Replies: 4
Views: 473

Re: 4 nights in Lisbon stopover. Ideas?

Iorek, Starfish, WhyNotUs, Thanks for that!
Good food for thought......we will discuss it.
by protagonist
Mon May 13, 2019 5:32 pm
Forum: Investing - Theory, News & General
Topic: Another Warren Buffett S&P 500 Recommendation
Replies: 109
Views: 15898

Re: Another Warren Buffett S&P 500 Recommendation

Last 15 years, Berkshire-Hathaway has under performed S&P 500! Buffet missed the run up in Amazon, FB, and all those growth stocks he misjudged or did not understand. You can't be right all the time. Regarding S&P 500 specifically... I did not get that impression that Buffet likes this one better t...
by protagonist
Mon May 13, 2019 5:18 pm
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 4470
Views: 1155053

Re: What Movie Have You Recently Watched?

Hail Satan?

A documentary about The Satanic Temple and their creative form of nonviolent activism with humor.

Very interesting, and fun. I liked it a lot. So, apparently, did Rotten Tomatoes (a metacritic site). https://www.rottentomatoes.com/m/hail_satan
by protagonist
Mon May 13, 2019 12:09 pm
Forum: Investing - Theory, News & General
Topic: Another Warren Buffett S&P 500 Recommendation
Replies: 109
Views: 15898

Re: Another Warren Buffett S&P 500 Recommendation

Hi FIREchief, My reponse below: So Buffett has instructed his wife's trustee to put 90% of his legacy into an S+P index fund? NOT Berkshire-Hathaway??? This is somewhat of a goof. I've only heard him quoted as "recommending" this to the trustee. If that's all it is, then I believe that most/all sta...
by protagonist
Sun May 12, 2019 7:56 pm
Forum: Investing - Theory, News & General
Topic: Another Warren Buffett S&P 500 Recommendation
Replies: 109
Views: 15898

Re: Another Warren Buffett S&P 500 Recommendation

So Buffett has instructed his wife's trustee to put 90% of his legacy into an S+P index fund? NOT Berkshire-Hathaway??? That's fascinating. Not necessarily unpredictable, but still fascinating. 90% is a lot. If indeed his investment success is due to considerable skill, and not just "the luck of th...
by protagonist
Sun May 12, 2019 6:00 pm
Forum: Investing - Theory, News & General
Topic: Another Warren Buffett S&P 500 Recommendation
Replies: 109
Views: 15898

Re: Another Warren Buffett S&P 500 Recommendation

A new interview with Warren Buffett was posted over at Yahoo! , doesn't answer all the questions people pose regarding "Why the S&P?", but he does elaborate on his opinion, even disregarding Target Date and 'Smart' funds https://finance.yahoo.com/news/warren-buffett-says-couldve-turned-114-400000-2...
by protagonist
Sun May 12, 2019 5:57 pm
Forum: Investing - Theory, News & General
Topic: Another Warren Buffett S&P 500 Recommendation
Replies: 109
Views: 15898

Re: Another Warren Buffett S&P 500 Recommendation

A new interview with Warren Buffett was posted over at Yahoo! , doesn't answer all the questions people pose regarding "Why the S&P?", but he does elaborate on his opinion, even disregarding Target Date and 'Smart' funds https://finance.yahoo.com/news/warren-buffett-says-couldve-turned-114-400000-2...
by protagonist
Sun May 12, 2019 5:47 pm
Forum: Personal Investments
Topic: Best interest bearing savings account?
Replies: 26
Views: 2797

Re: Best interest bearing savings account?

Consider that 0.1% of $10K is only $10/year. So unless you have huge amounts you are putting in a savings account, a few tenths of a percent annual interest probably will not make a huge difference regarding your future wealth. I use FZDXX (Fidelity) because it is convenient for me, but there is a l...
by protagonist
Sun May 12, 2019 5:44 pm
Forum: Personal Consumer Issues
Topic: 4 nights in Lisbon stopover. Ideas?
Replies: 4
Views: 473

4 nights in Lisbon stopover. Ideas?

We have Aug 3-7 as a stopover in Lisbon on our way back from Europe. The vague plan was 2 nights in Lisbon (annual free credit card nights in hotels- we picked the ones closest to Alfama district) 2 nights in Sintra. Does that make sense, or do others have better ideas? Also, ideas of things to do a...
by protagonist
Thu May 09, 2019 8:15 pm
Forum: Personal Consumer Issues
Topic: College/life prep for young kids
Replies: 79
Views: 6007

Re: College/life prep for young kids

I'm rather appalled at how many parenting "experts" are on this forum who have specific formulae for success. I doubt many are child psychologists. I'm not. My daughter is a happy, well-adjusted 29 year old, yet I cannot tell you how I did it. Probably largely because, though I would love to take cr...
by protagonist
Thu May 09, 2019 2:51 pm
Forum: Personal Investments
Topic: Hedge against the decline of the Realtor profession
Replies: 48
Views: 4047

Re: Hedge against the decline of the Realtor profession

If someone in the Realtor profession wants to hedge against the decline of the residential real estate agent profession, what should they invest in? From what I have heard and seen, it is very likely that real estate agents will face major challenges in the next 5-10 years because of falling commis...
by protagonist
Thu May 09, 2019 2:34 pm
Forum: Personal Consumer Issues
Topic: New smartphone recommendations
Replies: 20
Views: 1766

Re: New smartphone recommendations

I will preface this by saying I am not ultra-frugal like some on this forum. But despite that, my recommendation is, don"t buy a flagship (eg: state-of-the-art I-phone, Samsung Galaxy). I have owned both, as well as moderately priced and cheap cellphones of the same vintage. The expensive ones offer...
by protagonist
Thu May 09, 2019 2:14 pm
Forum: Investing - Theory, News & General
Topic: Imperfect market timing still works -- if you stick with it
Replies: 149
Views: 10768

Re: Imperfect market timing still works -- if you stick with it

https://ofdollarsanddata.com/when-does-market-timing-work/ [/quote] The article states that "In addition, my conclusion that you could miss the top/bottom by up to 250 trading days and still outperform Buy & Hold is based on…wait for it…two observations! " Wow!!!! Two observations!!! Really???? And...
by protagonist
Thu May 09, 2019 1:22 pm
Forum: Personal Consumer Issues
Topic: College/life prep for young kids
Replies: 79
Views: 6007

Re: College/life prep for young kids

How can I help them make better decisions? By doing less talking at them and more listening to them. (Obviously I mean this for any parent, not directed at you specifically.....) Love this advice! Not original. I stole it from Marilyn Manson, in the film "Bowling For Columbine"". He was being inter...
by protagonist
Mon May 06, 2019 5:59 pm
Forum: Personal Finance (Not Investing)
Topic: 20 countries where 200K in retirement savings will last you decades
Replies: 232
Views: 27298

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

One thing to consider....the future is....well....the future. I bought a condo on an island in Venezuela in 1991. At the time, Venezuela was the wealthiest and most stable democracy in South America. There were multiple 4 hour nonstop flights from NYC to Porlamar, less than a 10 minute drive from my...
by protagonist
Mon May 06, 2019 5:52 pm
Forum: Personal Consumer Issues
Topic: Bicycle Questions
Replies: 48
Views: 4017

Re: Bicycle Questions

I think the optimum price point for a new bike for the vast majority of riders (using it for commuting, shopping, exercise, etc) is a hybrid in the $400-600 range. If that is too much to spend, I would consider a used bike of that sort before I would buy a "Walmart bike" or something cheaper new. An...
by protagonist
Mon May 06, 2019 5:44 pm
Forum: Personal Finance (Not Investing)
Topic: House selling - modern norms
Replies: 36
Views: 5021

Re: House selling - modern norms

I sold a condo last May in FL using a flat fee broker who listed my property in MLS and on several online sites for a nominal fee....a few hundred dollars....paid a local photographer to take pictures for the listing ($125) and an attorney to handle the closing and title search. I offered 3% to a bu...
by protagonist
Mon May 06, 2019 5:30 pm
Forum: Personal Consumer Issues
Topic: Sofa Purchase
Replies: 11
Views: 1094

Re: Sofa Purchase

I'm in the same situation, OP. I have a Laine sofa that held up very poorly over the years. I bought a used Ekornes recliner with ottoman...vintage piece....years ago and it's great. We are thinking of following the advice of Wirecutter and going for a mail order one by a manufacturer they recommend...
by protagonist
Mon May 06, 2019 5:20 pm
Forum: Personal Consumer Issues
Topic: College/life prep for young kids
Replies: 79
Views: 6007

Re: College/life prep for young kids

RobLyons wrote:
Sat May 04, 2019 4:55 am
How can I help them make better decisions?
By doing less talking at them and more listening to them.
(Obviously I mean this for any parent, not directed at you specifically.....)
by protagonist
Mon May 06, 2019 2:11 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 3715
Views: 686412

Re: What's Your Credit Card Rewards Strategy?

It's all fairly trivial. $27 for every $1000 spent is nice but will not make a huge difference to most people in the long run. The only real bang for the buck is in the promotions. Maybe trivia, but I redeemed over $1200 in cash back last year off my BofA cards. It adds up after a while. Bogleheads...
by protagonist
Sun May 05, 2019 7:53 pm
Forum: Personal Finance (Not Investing)
Topic: Marriage or No Marriage? (Home, children, HSA, IRA, etc.)
Replies: 62
Views: 4914

Re: Marriage or No Marriage? (Home, children, HSA, IRA, etc.)

From a purely financial standpoint, marriage is a terrible idea for the greater earner of a couple and a great idea for the lesser earner. Because 50% (or whatever) of marriages end in divorce. So if you are thinking purely in financial terms, and calculating odds, there is perhaps a 50-50 chance th...
by protagonist
Sun May 05, 2019 7:38 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 3715
Views: 686412

Re: What's Your Credit Card Rewards Strategy?

It is possible to beat cash back with points, but it takes a lot of research and work, and sometimes I just don't want to put the effort into it. Getting minimum of 2.7 points per dollar is not a bad earnings rate. You could do much worse. I agree that 2.7% back is pretty good. But If you're doing ...
by protagonist
Fri May 03, 2019 5:14 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 3715
Views: 686412

Re: What's Your Credit Card Rewards Strategy?

It is possible to beat cash back with points, but it takes a lot of research and work, and sometimes I just don't want to put the effort into it. Getting minimum of 2.7 points per dollar is not a bad earnings rate. You could do much worse. I agree that 2.7% back is pretty good. But If you're doing ...
by protagonist
Thu May 02, 2019 10:58 am
Forum: Personal Finance (Not Investing)
Topic: save on interest by paying down mortgage principal
Replies: 68
Views: 5997

Re: save on interest by paying down mortgage principal

Two words: opportunity cost Two words that probably would not have been uttered if we were coming off a decade-long bear market rather than a decade-long bull market. Paying off mortgage is a bird in the hand. Investing is always a gamble. I don't think paying off debt (unless the interest rate is ...
by protagonist
Thu May 02, 2019 10:44 am
Forum: Investing - Theory, News & General
Topic: A sane and healthy financial life?
Replies: 29
Views: 2473

Re: A sane and healthy financial life?

Hello All, this is my first post on the forum. I arrived here by virtue of worrying about money over the past few months. I have come to the realization I am not well prepared to understand and quantify how much I might need in retirement. I am wondering if people generally worry a lot about their ...
by protagonist
Wed May 01, 2019 12:45 pm
Forum: Investing - Theory, News & General
Topic: Do I live in a HCOL area?
Replies: 56
Views: 3182

Re: Do I live in a HCOL area?

What is your point in all of this, vtMaps? People are offering suggestions in response to your post and you are just batting them away. Offer something. My point? I started by asking a question about defining COL. I am a bit disappointed that the COH (cost of housing) appears to define the COL. Why...
by protagonist
Wed May 01, 2019 12:27 pm
Forum: Investing - Theory, News & General
Topic: Jack Bogle Says ‘Avoid Bitcoin Like the Plague’
Replies: 321
Views: 38525

Re: Jack Bogle Says ‘Avoid Bitcoin Like the Plague’

Prahasaurus (which I would guess might be a species of Czech dinosaur) is MUCH more knowledgeable than I am regarding the ins and outs of buying and selling bitcoin...whereas I find it interesting in the abstract, it is not something I do or really know anything about. But he is correct that my fri...
by protagonist
Wed May 01, 2019 9:25 am
Forum: Investing - Theory, News & General
Topic: Jack Bogle Says ‘Avoid Bitcoin Like the Plague’
Replies: 321
Views: 38525

Re: Jack Bogle Says ‘Avoid Bitcoin Like the Plague’

Prahasaurus (which I would guess might be a species of Czech dinosaur) is MUCH more knowledgeable than I am regarding the ins and outs of buying and selling bitcoin...whereas I find it interesting in the abstract, it is not something I do or really know anything about. But he is correct that my fri...
by protagonist
Wed May 01, 2019 9:18 am
Forum: Investing - Theory, News & General
Topic: Do I live in a HCOL area?
Replies: 56
Views: 3182

Re: Do I live in a HCOL area?

It's like deciding if you are upper class, middle class or lower class. It doesn't really matter. What matters is if you can afford where you live or not, and if you are happy there. A label won't help you answer those questions. That said, there are sites online where you can enter your town or cit...
by protagonist
Wed May 01, 2019 9:05 am
Forum: Investing - Theory, News & General
Topic: Jack Bogle Says ‘Avoid Bitcoin Like the Plague’
Replies: 321
Views: 38525

Re: Jack Bogle Says ‘Avoid Bitcoin Like the Plague’

In theory--and "all I know is what I read in the papers," the current (as of August 2018!) official currency of Venezuela, the "bolivar soberano," is, in fact, backed by what Wikipedia calls a "supposed cryptocurrency," the "petro," which in turn is a stablecoin backed by oil and other natural reso...
by protagonist
Tue Apr 30, 2019 4:25 pm
Forum: Personal Investments
Topic: I'm 37, late to the game, worth about 35k...
Replies: 42
Views: 7135

Re: I'm 37, late to the game, worth about 35k...

You are not too late to the game. You are single , you've managed to stay out of debt, and given what you have said about your life you have probably had a great lifestyle and a lot of fun. Plus, teaching is, IMHO, a noble pursuit. There is a lot to be said for that- you are in far better shape than...
by protagonist
Tue Apr 30, 2019 4:05 pm
Forum: Personal Consumer Issues
Topic: Who is buying 1-3 year old used Toyotas and Hondas?
Replies: 114
Views: 11774

Re: Who is buying 1-3 year old used Toyotas and Hondas?

My theory is: 1) people buying 1-3 year old Toyotas and Hondas from dealerships are being ripped off. 2) new car dealers make more money from used cars than new cars - especially new Toyota/Honda vs 1-3 yo Toyota/Honda Many people buying 1-3 year old Toyota/Honda do not even consider new because: 1...