Search found 5091 matches

by protagonist
Tue Apr 24, 2018 12:28 pm
Forum: Investing - Theory, News & General
Topic: John Oliver- All you have to know about planning for retirement
Replies: 6
Views: 1815

Re: John Oliver- All you have to know about planning for retirement

Of note- one major legislative change since the Oliver piece aired in 2016: The fiduciary rule of the Obama administration was ouverturned in federal appeals court last month. That protection is no longer available to the consumer.
by protagonist
Tue Apr 24, 2018 12:06 pm
Forum: Investing - Help with Personal Investments
Topic: Ally Bank No penalty CD for parking cash, is there a catch?
Replies: 102
Views: 17566

Re: Ally Bank No penalty CD for parking cash, is there a catch?

No catch. But the rate is unremarkable. My online savings account at SFGI is earning 1.61%. And switching to Popular Direct would get you 2% APY. A few minutes of your time and it's done. True. That would earn me about $39 per year more on every $10K in the bank. Yesterday my sweetie and I spent ex...
by protagonist
Tue Apr 24, 2018 10:50 am
Forum: Investing - Help with Personal Investments
Topic: Ally Bank No penalty CD for parking cash, is there a catch?
Replies: 102
Views: 17566

Re: Ally Bank No penalty CD for parking cash, is there a catch?

No catch. But the rate is unremarkable. My online savings account at SFGI is earning 1.61%. And switching to Popular Direct would get you 2% APY. A few minutes of your time and it's done. True. That would earn me about $39 per year more on every $10K in the bank. Yesterday my sweetie and I spent ex...
by protagonist
Tue Apr 24, 2018 10:41 am
Forum: Investing - Theory, News & General
Topic: The World in 2050 — GDP & Stock Market Capitalization
Replies: 63
Views: 4589

Re: The World in 2050 — GDP & Stock Market Capitalization

It is far better to foresee, even without certainty, than not to foresee at all. ~ Henri Poincare, French scientist (1854-1912) We spend a great deal of time on the Forum looking backwards, analyzing the history of asset returns and financial data, so a couple of posts may be in order that glance t...
by protagonist
Tue Apr 24, 2018 9:40 am
Forum: Investing - Help with Personal Investments
Topic: Ally Bank No penalty CD for parking cash, is there a catch?
Replies: 102
Views: 17566

Re: Ally Bank No penalty CD for parking cash, is there a catch?

No catch. But the rate is unremarkable.

My online savings account at SFGI is earning 1.61%.
by protagonist
Tue Apr 24, 2018 9:31 am
Forum: Investing - Theory, News & General
Topic: John Oliver- All you have to know about planning for retirement
Replies: 6
Views: 1815

John Oliver- All you have to know about planning for retirement

I just stumbled over this. He hits all the bases- active vs passive management, impact of fees, fincancial advisors, annuities, asset allocation, etc. A good laugh. And a great entertaining way to introduce intelligent financial planning to your friends who are bored by books and discourses on finan...
by protagonist
Mon Apr 23, 2018 8:42 pm
Forum: Personal Consumer Issues
Topic: Question charging smart phones
Replies: 17
Views: 1200

Re: Question charging smart phones

1. Aim to charge to almost 100% (so you don't run out of charge when you need it), start charging around 50%, and unplug once charged. HOWEVER... 2. Don't obsess over it. Charge your phone when you think you need it. Don't worry. Be happy. There are more important things in life to think about.
by protagonist
Mon Apr 23, 2018 8:37 pm
Forum: Local Chapters and Bogleheads Community
Topic: Too much Bogleheads.org?
Replies: 79
Views: 10063

Re: Too much Bogleheads.org?

I joined this site a few months back and am blown away with the amount of knowledge and support of this site. Between this site and the recommended books I have learned a tremendous amount and have become a more savvy and attentive investor. That being said, I find myself constantly thinking about ...
by protagonist
Mon Apr 23, 2018 8:29 pm
Forum: Personal Consumer Issues
Topic: BH travel tips?
Replies: 147
Views: 8725

Re: BH travel tips?

I just had a flight canceled by Spirit Airlines. I was rebooked on another flight the next day but that was it. I claimed my expenses , amounting to a bit over $400, including hotel and meals, via my Sapphire Reserve card. I was told I would get fully reimbursed with Trip Delay Insurance. This more ...
by protagonist
Thu Apr 12, 2018 7:48 pm
Forum: Investing - Theory, News & General
Topic: Two Centuries of U.S. Stock Market Indexes, 1802-2017
Replies: 47
Views: 3712

Re: Two Centuries of U.S. Stock Market Indexes, 1802-2017

SimpleGift wrote:
Thu Apr 12, 2018 9:12 am

Bottom Line: It's hard to see how U.S. stock index data before 1900 can have much relevance for modern markets. Thoughts?
"modern markets", like "modern art", won't be modern for long.
by protagonist
Wed Apr 04, 2018 9:41 am
Forum: Personal Finance (Not Investing)
Topic: This-millennial-couple-is-saving-150000-a-year-and-plans-to-retire-by-2029-heres-how-they-
Replies: 136
Views: 10398

Re: This-millennial-couple-is-saving-150000-a-year-and-plans-to-retire-by-2029-heres-how-they-

Folks, It is easy to save a lot of money. Do not spend as much as your income peers expect you to spend on the big purchases: A) House. B) College education. C) Car But, it will not make a good blog story. Meanwhile, folks overspend on those 3 items will focus on "not eating out" as the couple's ma...
by protagonist
Tue Apr 03, 2018 7:48 pm
Forum: Personal Finance (Not Investing)
Topic: This-millennial-couple-is-saving-150000-a-year-and-plans-to-retire-by-2029-heres-how-they-
Replies: 136
Views: 10398

Re: This-millennial-couple-is-saving-150000-a-year-and-plans-to-retire-by-2029-heres-how-they-

And what if one of them dies in 2028? Or if they get divorced and wind up spending years in court? I agree with Lily, that one should not rely on purchases for happiness. But nor should one rely on waiting 11 years for it, especially given that anything can happen in the interim. If it were me I wou...
by protagonist
Tue Apr 03, 2018 7:35 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 2544
Views: 477774

Re: What's Your Credit Card Rewards Strategy?

We use credit cards for absolutely everything that we can. We pay our monthly balances in full. We have quite a few cards (some we keep open due to longevity or in case something goes wrong with our other cards when out of the country) but we currently use: Sams Club Credit Card for 5% cash back ga...
by protagonist
Tue Apr 03, 2018 7:24 pm
Forum: Investing - Theory, News & General
Topic: Is technical analysis all smoke and mirrors?
Replies: 62
Views: 4836

Re: Is technical analysis all smoke and mirrors?

This article reminds me of how astronomers constantly added tweaks to the Ptolemaic system during the 1400 or so years between Ptolemy and Copernicus/Galileo when inconsistencies arose that were not accounted for by their geocentric universe. Arguably string/M-brane etc theorists are doing the same ...
by protagonist
Mon Apr 02, 2018 5:38 pm
Forum: Personal Consumer Issues
Topic: Need Options - Honda Accord Incredibly Uncomfortable Seats
Replies: 101
Views: 12086

Re: "10 Savvy Ways You Can Spot Fake Reviews"

First time Boglehead posters bashing a non-financial product may be real but good investors are skeptical. This article will help spot impostors: 10 Savvy Ways You Can Spot Fake Reviews Best wishes. Taylor Hi, Taylor. I recently found this site for testing validity of reviews: https://www.fakespot....
by protagonist
Mon Apr 02, 2018 5:33 pm
Forum: Personal Consumer Issues
Topic: Need Options - Honda Accord Incredibly Uncomfortable Seats
Replies: 101
Views: 12086

Re: Need Options - Honda Accord Incredibly Uncomfortable Seats

A lot of complaints but mostly just very expensive solutions....eg: selling the car at a loss. For those who paid $30K for the car and otherwise love it, there must be less draconian and simpler solutions to an uncomfortable seat. Bending the headrests was suggested- that might be worth trying. How ...
by protagonist
Thu Mar 29, 2018 4:17 pm
Forum: Personal Consumer Issues
Topic: Anyone Deleting Facebook?
Replies: 329
Views: 21729

Re: Anyone Deleting Facebook?

Anyone seen the Facebook movie called "The Social Network" ? Excellent movie. Got a bunch of Oscar nominations, big box office, and I even liked Justin Timberlake's acting. David Fincher (Seven) directed. I don't see how anyone could be involved with FB after watching that movie. The protagonists a...
by protagonist
Thu Mar 29, 2018 12:50 pm
Forum: Personal Consumer Issues
Topic: Anyone Deleting Facebook?
Replies: 329
Views: 21729

Re: Anyone Deleting Facebook?

Oh right. I forgot. I do have an email address that I use to log in to Facebook. But I never check that email address. It's just a dummy address that I created for the purpose of a login. By the way, I probably remembered, but just in case I forgot to congratulate you at the time (noting your bylin...
by protagonist
Thu Mar 29, 2018 12:29 pm
Forum: Investing - Theory, News & General
Topic: Is technical analysis all smoke and mirrors?
Replies: 62
Views: 4836

Re: Is technical analysis all smoke and mirrors?

Sequences of coin tosses also exhibit “momentum”. As Wikipedia says, "citation needed." What's your source for this? Oh, wait, probably found it: Dynamical Bias in the Coin Toss OK, very interesting. For the observant, this is actionable. Non-mathematicians (like me) should read the abstract, and t...
by protagonist
Thu Mar 29, 2018 12:20 pm
Forum: Personal Consumer Issues
Topic: Anyone Deleting Facebook?
Replies: 329
Views: 21729

Re: Anyone Deleting Facebook?

I just stopped using Facebook for about half a year until I had a reason to want to go back (a particular need at the time requiring contact with a certain musician colleague- otherwise I probably would have just stayed off). At that point I just opened a new account with a more believable (though ...
by protagonist
Thu Mar 29, 2018 12:12 pm
Forum: Personal Consumer Issues
Topic: Anyone Deleting Facebook?
Replies: 329
Views: 21729

Re: Anyone Deleting Facebook?

I just stopped using Facebook for about half a year until I had a reason to want to go back (a particular need at the time requiring contact with a certain musician colleague- otherwise I probably would have just stayed off). At that point I just opened a new account with a more believable (though ...
by protagonist
Thu Mar 29, 2018 12:08 pm
Forum: Personal Consumer Issues
Topic: Anyone Deleting Facebook?
Replies: 329
Views: 21729

Re: Anyone Deleting Facebook?

Never really understood how they generated such enormous wealth. I mean I understand the mechanism, but as a working class guy I just don't "get it". The money always seemed too easy, but that's just me. Saw an interesting quote in our local Sunday paper from the 1970s, a precept about television b...
by protagonist
Thu Mar 29, 2018 8:17 am
Forum: Investing - Theory, News & General
Topic: Is technical analysis all smoke and mirrors?
Replies: 62
Views: 4836

Re: Is technical analysis all smoke and mirrors?

wootwoot wrote:
Thu Mar 29, 2018 1:13 am
Watch this documentary about Paul Tudor Jones and let me know if you think technical analysis is real or not.

https://m.youtube.com/watch?v=-38x671CUQw
It looks interesting from the beginning, but it is 55 minutes long and I am hungry. Can you please indulge me and summarize?
by protagonist
Thu Mar 29, 2018 7:33 am
Forum: Personal Consumer Issues
Topic: Anyone Deleting Facebook?
Replies: 329
Views: 21729

Re: Anyone Deleting Facebook?

Once again....for those of you who are seriously worried about your FAcebook data being mined, assuming you don't post anything too personal, why are you not worried about who might have access to your Bogleheads information, where you may have disclosed intimate details of your finances, and not j...
by protagonist
Wed Mar 28, 2018 11:29 pm
Forum: Personal Finance (Not Investing)
Topic: Pay Off Mortgage with Windfall?
Replies: 57
Views: 5318

Re: Pay Off Mortgage with Windfall?

The majority of responses suggest paying it off. Is there a lower interest rate level where- at or below- it might be prudent to, instead, keep the mortgage? My assumption is that mortgage rates will always tend to hover higher than current "safe investment" interest rates (banks, T-bills, etc) und...
by protagonist
Wed Mar 28, 2018 11:09 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 6412
Views: 1374964

Re: U.S. stocks in freefall

There must be an inverse relationship between the specificity of predictions and the fee (or salary) charged for these predictions. Thank you for the guidance for the next 17 months, Victoria Good observation, Victoria. You might be right. NY Daily News costs $1, and you get your horoscope plus fre...
by protagonist
Wed Mar 28, 2018 10:40 pm
Forum: Personal Finance (Not Investing)
Topic: When to Take Social Security (again...)
Replies: 62
Views: 5166

Re: When to Take Social Security (again...)

Reposting a previous post of mine re: the same question: 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 of mind. In that context, deciding when to start benefits is eas...
by protagonist
Wed Mar 28, 2018 10:35 pm
Forum: Personal Finance (Not Investing)
Topic: Pay Off Mortgage with Windfall?
Replies: 57
Views: 5318

Re: Pay Off Mortgage with Windfall?

I'm struggling with whether to use an upcoming windfall of $600k to pay off my current mortgage, and would love opinions or tips on considering anything that I haven't already. My current mortgage is a 30-year fixed of $500k at 4% taken out in 2016. Main upside to paying off mortgage would be huge ...
by protagonist
Wed Mar 28, 2018 10:30 pm
Forum: Investing - Help with Personal Investments
Topic: Freshly Minted Boglehead
Replies: 17
Views: 1181

Re: Freshly Minted Boglehead

A Any advice is welcome. Thanks for having me! OP.... Welcome. I like your style. Your "rags-to-riches" story is not dissimilar to mine. I lived below the poverty line until age 30 or so. I was 34 before I paid more than $700 for a car. At 35 I finished medical fellowship and started making good mo...
by protagonist
Wed Mar 28, 2018 10:13 pm
Forum: Personal Consumer Issues
Topic: Question for physicians-- is my taking call worth it?
Replies: 61
Views: 6463

Re: Question for physicians-- is my taking call worth it?

I'm an ophthalmologist in private practice for 16 years and enjoy my job with no signs of burnout and a healthy income. 5 years ago my group contracted with multiple hospitals including some county-type hospitals in the region with a high trauma volume, mostly uninsured/indigent type patients, to t...
by protagonist
Wed Mar 28, 2018 10:08 pm
Forum: Personal Consumer Issues
Topic: LG 75" vs OLED 65" TV or Wait?
Replies: 44
Views: 3771

Re: LG 75" vs OLED 65" TV or Wait?

TV technology has not yet reached maturity (the way PCs and cell phones appear to have). The longer you wait, the more you will get for less money. But the longer you wait, the longer you will be stuck with an old crappy TV. So there is no good answer. When I find myself in these kind of dilemmas I ...
by protagonist
Wed Mar 28, 2018 10:00 pm
Forum: Investing - Theory, News & General
Topic: Anyone hold any defensive funds in their portfolio?
Replies: 41
Views: 3463

Re: Anyone hold any defensive funds in their portfolio?

CD's, I-bonds, a small amount in intermediate corporate bond fund, and home equity. Not funds, but , I hope, protection against a market crash.
Home equity is a big one, because even if the housing market crashes with the stock market, I still have a roof over my head with minimal carrying costs.
by protagonist
Wed Mar 28, 2018 9:55 pm
Forum: Investing - Theory, News & General
Topic: Is technical analysis all smoke and mirrors?
Replies: 62
Views: 4836

Re: Is technical analysis all smoke and mirrors?

This is not my field, but it seems to me that it should be easy to say whether it is smoke or mirrors or not, or at least if it is justified as a reliable tool for predicting future market movement, by looking at the math behind it. If the math justifies the conclusions, then it is science. If not, ...
by protagonist
Wed Mar 28, 2018 9:29 pm
Forum: Personal Consumer Issues
Topic: Anyone Deleting Facebook?
Replies: 329
Views: 21729

Re: Anyone Deleting Facebook?

Facebook serves one person, easy birthday and holiday wishes to extended family. How else do you guys do that?? So, you post your name, your true birthday, and have links to the names of your family. Probably can get your mother's maiden name, where you grew up, what school you went to, and even th...
by protagonist
Wed Mar 28, 2018 9:30 am
Forum: Personal Consumer Issues
Topic: Anyone Deleting Facebook?
Replies: 329
Views: 21729

Re: Anyone Deleting Facebook?

As a less draconian measure, you might just consider never clicking the "like" button. My guess is that is where Cambridge Analytica et. al. gets most of their useful data, because that info seems so simple to mine on a large scale and to find patterns. And really, how much do your friends really g...
by protagonist
Tue Mar 27, 2018 11:13 pm
Forum: Personal Consumer Issues
Topic: Anyone Deleting Facebook?
Replies: 329
Views: 21729

Re: Anyone Deleting Facebook?

As a less draconian measure, you might just consider never clicking the "like" button. My guess is that is where Cambridge Analytica et. al. gets most of their useful data, because that info seems so simple to mine on a large scale and to find patterns. And really, how much do your friends really ge...
by protagonist
Tue Mar 27, 2018 11:10 pm
Forum: Investing - Theory, News & General
Topic: Is technical analysis all smoke and mirrors?
Replies: 62
Views: 4836

Is technical analysis all smoke and mirrors?

Seems like it to me, but what do I know?
by protagonist
Tue Mar 27, 2018 10:16 am
Forum: Personal Consumer Issues
Topic: Anyone Deleting Facebook?
Replies: 329
Views: 21729

Re: Anyone Deleting Facebook?

This from Mark Zuckerberg. I agree wholeheartedly: https://www.esquire.com/uk/latest-news/a19490586/mark-zuckerberg-called-people-who-handed-over-their-data-dumb-f/ Meanwhile, my doppelganger uses it for silly stuff like this: https://www.facebook.com/groups/animalcognition/ Maybe Cambridge Analytic...
by protagonist
Mon Mar 26, 2018 6:20 am
Forum: Personal Consumer Issues
Topic: Anyone Deleting Facebook?
Replies: 329
Views: 21729

Re: Anyone Deleting Facebook?

Do you own an Alexa (or whatever it is called)? Think about that one as well. I’m amazed at how many people will nilly bring these devices into their homes. In old movies, spies would go to great trouble to hide mics in homes. Now people install them on their own dime. I personally know people who ...
by protagonist
Sun Mar 25, 2018 8:05 pm
Forum: Personal Consumer Issues
Topic: Anyone Deleting Facebook?
Replies: 329
Views: 21729

Re: Anyone Deleting Facebook?

Just be sensible and protect yourself with simple measures, which, for some bizarre reason, the vast majority of social media users do not bother to do. 1. Use a pseudonym. You all do here, and bogleheads is a much more benign site, so why in the world would you use your real name on Facebook? 2. U...
by protagonist
Sun Mar 25, 2018 8:02 pm
Forum: Personal Consumer Issues
Topic: Anyone Deleting Facebook?
Replies: 329
Views: 21729

Re: Anyone Deleting Facebook?

protagonist, Thank you for the detailed response. My point is that the danger of Facebook is not because of the information that it has on any one of us—but because the sheer scope and depth of that information is a great danger to our society. The 2016 election is one such example of what can happ...
by protagonist
Sun Mar 25, 2018 8:00 pm
Forum: Personal Consumer Issues
Topic: Anyone Deleting Facebook?
Replies: 329
Views: 21729

Re: Anyone Deleting Facebook?

One thing I gleaned from 14 years on Facebook.... I have yet to gain more respect for a person based on what they post, but I have often lost respect for people. I think it is a bit like Newton's laws. You can't win. You are lucky if you break even. So if you think your posts are making people thin...
by protagonist
Sun Mar 25, 2018 1:31 pm
Forum: Personal Consumer Issues
Topic: Anyone Deleting Facebook?
Replies: 329
Views: 21729

Re: Anyone Deleting Facebook?

One thing I gleaned from 14 years on Facebook....I have yet to gain more respect for a person based on what they post, but I have often lost respect for people. I think it is a bit like Newton's laws. You can't win. You are lucky if you break even. So if you think your posts are making people think ...
by protagonist
Sun Mar 25, 2018 12:15 pm
Forum: Personal Consumer Issues
Topic: Anyone Deleting Facebook?
Replies: 329
Views: 21729

Re: Anyone Deleting Facebook?

I don’t believe Facebook allows using pseudos—or they make it really hard to do. I still have a fake account from a while back with no posts or information. It's very easy to do. A year ago, after 13 years of Facebook use, my account was locked because Zuckerberg or his cyber-crony must have poured...
by protagonist
Sun Mar 25, 2018 8:27 am
Forum: Personal Consumer Issues
Topic: Anyone Deleting Facebook?
Replies: 329
Views: 21729

Re: Anyone Deleting Facebook?

There is no reason to resort to draconian measures, unless you are addicted to social media, in which case you should probably go cold turkey (even including on this site). Facebook is just a tool, which, like most other tools, can be used for good or for inexplicable evil. Just be sensible and prot...
by protagonist
Sat Mar 24, 2018 8:52 pm
Forum: Personal Consumer Issues
Topic: Costco Kirkland Brand Liquor
Replies: 58
Views: 4991

Re: Costco Kirkland Brand Liquor

Definitely buy their vodka, unless you can find a cheaper bottle. Vodka is just ethanol (EtOH) and water. How or from what source the EtOH is distilled is meaningless. They are all essentially the same, as demonstrated in this video and multiple other "honest" taste tests: https://www.youtube.com/wa...
by protagonist
Sat Mar 24, 2018 8:28 pm
Forum: Investing - Help with Personal Investments
Topic: Help needed before I go mad :D
Replies: 53
Views: 5240

Re: Help needed before I go mad :D

OP- 1. An income of 200K puts you in the 97.3d %ile...only 2.7% of Americans make more than you. And if you are only in your 30s you have plenty of time to make up for your temporary losses. So Rule #1 from the Hitchhiker's Guide to the Galaxy.... DON'T PANIC! 2. I am probably speaking for many here...
by protagonist
Sat Mar 24, 2018 8:19 pm
Forum: Investing - Help with Personal Investments
Topic: Protecting principal with no risk: seeking validation Im not crazy or stupid
Replies: 31
Views: 3550

Re: Protecting principal with no risk: seeking validation Im not crazy or stupid

I decided yesterday after worrying about a looming stock market crash to move all of my non-retirement investments at Vanguard into their Federal Money Market Fund which earns only 1.39%. I re-allocated my 401k which is also at Vanguard by putting 1/4 of the total into the Federal MM fund, 1/4 into...
by protagonist
Fri Mar 23, 2018 10:45 pm
Forum: Personal Consumer Issues
Topic: Does the value of my home matter?
Replies: 21
Views: 2740

Re: Does the value of my home matter?

It seems that many people these days place great importance on the value of their homes. I’m not so sure my own homes value affects me. From my perspective, my home is a place to live and raise my family. I don’t see a primary residence as an investment. We purchased our first home 4 years ago and ...
by protagonist
Thu Mar 22, 2018 6:25 pm
Forum: Investing - Theory, News & General
Topic: Sharonview FCU 64 month CD - 4%
Replies: 90
Views: 12227

Re: Sharonview FCU 64 month CD - 4%

Sharonview followup... Joined Sharonview via $20 membership in Charlotte Folk Society Mar 6. Membership approved Mar 9. Sent !RA transfer request to Patelco Mar 9 Patelco rep told me the check would be sent to Sharonview Mar 13 On Mar 20 funds appeared in my Sharonview 4% IRA certificate . Very smoo...