Search found 5295 matches

by staythecourse
Thu Feb 22, 2018 9:03 pm
Forum: Personal Consumer Issues
Topic: Multiple Offer situation/should we pull our offer?
Replies: 71
Views: 4968

Re: Multiple Offer situation/should we pull our offer?

Thanks for the thoughts everyone. We didn’t get the house. Our offer was “blown away”. Good learning experience at the minimum! If I have learned anything from the real estate game (bought a condo, bought a townhouse, sold a townhouse on my own, built a custom built house, and plenty of mortgages a...
by staythecourse
Wed Feb 21, 2018 9:50 pm
Forum: Personal Finance (Not Investing)
Topic: Looking into Hands Off Commercial Real Estate
Replies: 14
Views: 1262

Re: Looking into Hands Off Commercial Real Estate

At 6 million I would say the BEST answer is to keep in simple and easily liquid. No reason to make more of an effort. If you want real estate just do a REIT and be done with it. This reminds me of when I first started investing and couldn't wait to get to 1 million so I could start diversifying into...
by staythecourse
Wed Feb 21, 2018 6:31 pm
Forum: Personal Finance (Not Investing)
Topic: Rant about Savings Rate
Replies: 25
Views: 1869

Re: Rant about Savings Rate

Okay forget about savings rate. How about keeping track of TOTAL dollars saved and invested each year. In the end that is what compounds and not savings rate.

Good luck.
by staythecourse
Wed Feb 21, 2018 3:08 pm
Forum: Personal Consumer Issues
Topic: frustrated with patek philippe poor service
Replies: 29
Views: 2379

Re: frustrated with patek philippe poor service

Some watches such as Patek, or even a Rolex which is more common can be considered wearable art (Patek) or jewelry (Rolex, etc.). Everything in life requires maintenance, even us. For folks that can afford a new Patek I don't see a once or twice a lifetime maintenance like this as a big deal. To be...
by staythecourse
Tue Feb 20, 2018 10:22 pm
Forum: Investing - Help with Personal Investments
Topic: Will REIT funds ever see another drawdown like 2008?
Replies: 51
Views: 4363

Re: Will REIT funds ever see another drawdown like 2008?

Ha! I have posted in other recent REIT threads what I think about REITs nowadays. I will buy VNQ at some point in the future, but not now. In the meantime, I will invest the money earmarked for VNQ into Total US Stock Market Index fund. OK, thanks! I just can't resist a "bargain"... I'll wait for y...
by staythecourse
Tue Feb 20, 2018 3:06 pm
Forum: Investing - Theory, News & General
Topic: Staying Motivated: How do you ward off hopelessness?
Replies: 49
Views: 5354

Re: Staying Motivated: How do you ward off hopelessness?

I didn't read the other responses, but hope others chime in because I think this is likely a VERY common problem by many of our readers/ forum participants that most folks don't feel comfortable bringing up. I will take a different approach and say maybe the fault lies in you goal? Is it realistic o...
by staythecourse
Tue Feb 20, 2018 1:02 pm
Forum: Investing - Theory, News & General
Topic: Dynamic Allocation based on the Intelligent Investor
Replies: 15
Views: 1210

Re: Dynamic Allocation based on the Intelligent Investor

I have no doubt that many, if not most of the pros are aware of things like CAPE, it's just that most of them don't have a long enough time frame to take advantage of it. Do you really think the big institutional and hedge fund managers wouldn't get fired or replaced if they used a strategy like CA...
by staythecourse
Tue Feb 20, 2018 12:55 pm
Forum: Investing - Theory, News & General
Topic: Dynamic Allocation based on the Intelligent Investor
Replies: 15
Views: 1210

Re: Dynamic Allocation based on the Intelligent Investor

Do as you want as it is your money, but whatever you are doing IS market timing as you are making guesses on valuations. Simple as that. You may be correct or you may be completely wrong. You may make a ton of money, but you may end up broke. If you have that fallback inheritance go for it, but if ...
by staythecourse
Tue Feb 20, 2018 12:51 pm
Forum: Investing - Help with Personal Investments
Topic: Will REIT funds ever see another drawdown like 2008?
Replies: 51
Views: 4363

Re: Will REIT funds ever see another drawdown like 2008?

It's as simple as this: REITS are widely accepted t be more volatile the the TSM so being surprised it did worse then the TSM at some point is not surprising, is it? Would you be complaining if it outperformed the TSM? Don't think so. What folks just don't seem to understand is loss and gain are jus...
by staythecourse
Mon Feb 19, 2018 3:57 pm
Forum: Investing - Theory, News & General
Topic: Dynamic Allocation based on the Intelligent Investor
Replies: 15
Views: 1210

Re: Dynamic Allocation based on the Intelligent Investor

I ran the original concept of Mr. Graham of % stocks vs. bonds based on earning yield and treasury note (if I remember that correct). I crunched all the data and it was no better then a 50/50 portfolio from 1972- current (done around 2012-13 or so). Do as you want as it is your money, but whatever y...
by staythecourse
Mon Feb 19, 2018 12:48 am
Forum: Investing - Help with Personal Investments
Topic: Sell me on the benefits of an emergency fund
Replies: 119
Views: 6731

Re: Sell me on the benefits of an emergency fund

Interesting question. Personally, I ask the same thing about having a fixed income in my asset allocation. So what do I do? I have 1 year EF and everything else in stocks. What I want from EF: Principle stable, liquidity, cover something REALLY bad happening, i.e. unemployment, and helps me stay the...
by staythecourse
Sun Feb 18, 2018 2:38 pm
Forum: Investing - Help with Personal Investments
Topic: Don't market time...i know, i know.
Replies: 34
Views: 4529

Re: Don't market time...i know, i know.

I have a retirement date about 2 yrs from now. The markets are beyond my wildest imagination; more in my nest egg than I need. Is there a way to 'set some aside'? Sure, flame me, but I've been an invest and hold guy for 30 yrs. Never touched my 95% equities holdings even during 2007 era. Now stocks...
by staythecourse
Sun Feb 18, 2018 2:32 pm
Forum: Investing - Help with Personal Investments
Topic: I reduced my exposure to US stocks before the correction.
Replies: 39
Views: 3903

Re: I reduced my exposure to US stocks before the correction.

No offense to the OP, but this is a big of Dr. Jekyl and Mr. Hyde post as I have seen for awhile. First, loving the forum, loving Mr. Bogle, and "staying the course" then turn around and give a whole bunch of rationalization of market timing. I am not going to be too negative so good luck to the OP,...
by staythecourse
Sat Feb 17, 2018 11:38 am
Forum: Personal Consumer Issues
Topic: What big item (>20k) are you saving up for?
Replies: 133
Views: 9510

Re: What big item (>20k) are you saving up for?

Saving for 50th anniversary cruise in June '18. Taking 31 people, so will require significantly more than the 20K! WTH -- can't take it into the grave with me! Man, that would be worth throwing whatever you spend to have it happen. 50th anniversary (never to repeated) AND having all your family aro...
by staythecourse
Sat Feb 17, 2018 4:21 am
Forum: Personal Finance (Not Investing)
Topic: Sanity Check on Primary/Rental Purchase: killing cash-flow
Replies: 24
Views: 1590

Re: Sanity Check on Primary/Rental Purchase: killing cash-flow

If I had the experience of fixing stuff on my own AND landlording as you have it should not be too difficult I would think considering you live RIGHT there. What makes any decision easier is making a comparison on 2 options. Sounds like you will have to move out anyway so some housing decision will ...
by staythecourse
Fri Feb 16, 2018 2:38 pm
Forum: Personal Consumer Issues
Topic: Medical records - saved me money, time, trouble and XRay exposure :)
Replies: 12
Views: 1236

Re: Medical records - saved me money, time, trouble and XRay exposure :)

I will say this is EXCELLENT advice. My advice to everyone is start a medical folder. Then every result and note from the doc you just throw into the folder. Honestly, this is going to be much less of an issue going forward as everything is stored electronic and that storage capacity is nearly forev...
by staythecourse
Thu Feb 15, 2018 9:41 pm
Forum: Personal Consumer Issues
Topic: Any Creative Ways to Cut the Cable?
Replies: 49
Views: 3988

Re: Any Creative Ways to Cut the Cable?

cancel your cable get an antenna youll be amazed how much of your money is being wasted.... youll still spend too much time on netflix/prime. Agreed. It is like walking on a plank and taking that next step off into nothing. A bit nerve wracking thinking somehow the world will end not having espn or...
by staythecourse
Thu Feb 15, 2018 6:42 pm
Forum: Investing - Theory, News & General
Topic: What is the evidence against slice and dice?
Replies: 59
Views: 4550

Re: What is the evidence against slice and dice?

The Fama and French research wasn't published until 1992, and tools in the form of mutual funds for slicing and dicing weren't available before then. For example, the DFA US Small Cap Value Portfolio fund had its inception in 1993; Vanguard Small Cap Value Index Fund, 1998; T. Rowe Price Small-Cap ...
by staythecourse
Thu Feb 15, 2018 5:38 pm
Forum: Investing - Theory, News & General
Topic: Quick question how to use cape10 to estimate returns
Replies: 9
Views: 548

Re: Quick question how to use cape10 to estimate returns

Please read Vanguard's paper on predictors of future equity returns which discuss PE1 and PE10 among others. Then decide if it matters to know the answer to your question.

Good luck.
by staythecourse
Thu Feb 15, 2018 5:36 pm
Forum: Personal Consumer Issues
Topic: How do docs treat "white coat hypertension"?
Replies: 35
Views: 2079

Re: How do docs treat "white coat hypertension"?

Check it at home, keep a record, give it to your doc on exam day. Agreed. Anyways, even if it was a little high rest assured the treatment is diet and exercise. We get more upset when folks want a pill just because their number says it is 142/80 instead of 138/80. Also, keep in mind MANY things inc...
by staythecourse
Thu Feb 15, 2018 11:04 am
Forum: Investing - Theory, News & General
Topic: Can someone help me explain to my wife...?
Replies: 80
Views: 8987

Re: Can someone help me explain to my wife...?

My answer to a reasonable question like that is if it is so obvious how come everyone else is not doing it? Are you the only one who doesn't like to lose money or buy back on a discount? The answer is EVERYONE would like to do that exact thing. IF so, then why don't you see anybody walking around sa...
by staythecourse
Wed Feb 14, 2018 10:58 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 5600
Views: 1265441

Re: U.S. stocks in freefall

My neighbor, who has a PhD in Economics from Harvard, was on TV. When asked if another depression could happen he said yes it could. That put the fear of God in me. Just curious is there any data to support Phd predict future economic cycles? Or Harvard PhD predict future economic cycles? I think t...
by staythecourse
Wed Feb 14, 2018 10:50 pm
Forum: Personal Finance (Not Investing)
Topic: Daughter’s College & Grad School Expenses -Nurse Practitioner
Replies: 51
Views: 3307

Re: Daughter’s College & Grad School Expenses -Nurse Practitioner

I have already referenced in relation to clinical medicine. I don't see too many folks calling a phd in economics at MIT to make an appointment for their medical care do you? Again there is no confusion in that situation. And YES that is why the nursing association has been pushing for nurses to ge...
by staythecourse
Wed Feb 14, 2018 10:16 pm
Forum: Personal Finance (Not Investing)
Topic: Daughter’s College & Grad School Expenses -Nurse Practitioner
Replies: 51
Views: 3307

Re: Daughter’s College & Grad School Expenses -Nurse Practitioner

Not to deviate the topic, but this is true. The phd part is the attempt to get the "Dr." part without being an M.D. I think your concerns about confusion in a health care setting are not unjustified, but I don't think that it is at all true that "the PhD part is the attempt to get the 'Dr.' part wi...
by staythecourse
Wed Feb 14, 2018 10:07 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 5600
Views: 1265441

Re: U.S. stocks in freefall

My neighbor, who has a PhD in Economics from Harvard, was on TV. When asked if another depression could happen he said yes it could. That put the fear of God in me. Just curious is there any data to support Phd predict future economic cycles? Or Harvard PhD predict future economic cycles? I think t...
by staythecourse
Wed Feb 14, 2018 9:53 pm
Forum: Personal Finance (Not Investing)
Topic: Daughter’s College & Grad School Expenses -Nurse Practitioner
Replies: 51
Views: 3307

Re: Daughter’s College & Grad School Expenses -Nurse Practitioner

Your daughter is going into a very well paid profession. She can take her own loans. She will have capability to pay it off quickly based on projected income. You do not need to cosign. This will also mean there is no variance from what you did for other children. The target for her should be to pa...
by staythecourse
Wed Feb 14, 2018 9:00 pm
Forum: Personal Finance (Not Investing)
Topic: Daughter’s College & Grad School Expenses -Nurse Practitioner
Replies: 51
Views: 3307

Re: Daughter’s College & Grad School Expenses -Nurse Practitioner

Not to deviate the topic, but this is true. The phd part is the attempt to get the "Dr." part without being an M.D. I'm an MD and am not upset at it, but does cause some confusion in already confusing health care world. Now the patient has to figure out if a "Dr." they are seeing is a real MD or a ...
by staythecourse
Wed Feb 14, 2018 8:29 pm
Forum: Personal Finance (Not Investing)
Topic: Daughter’s College & Grad School Expenses -Nurse Practitioner
Replies: 51
Views: 3307

Re: Daughter’s College & Grad School Expenses -Nurse Practitioner

This push from the NP governing body for a PhD for nursing seems a bit silly. I am a practicing PA. We are mid level practitioners, same for NPs. If I wanted the fancy term 'Dr." I would go to med school. Not to deviate the topic, but this is true. The phd part is the attempt to get the "Dr." part ...
by staythecourse
Wed Feb 14, 2018 12:04 pm
Forum: Personal Finance (Not Investing)
Topic: Daughter’s College & Grad School Expenses -Nurse Practitioner
Replies: 51
Views: 3307

Re: Daughter’s College & Grad School Expenses -Nurse Practitioner

Hi, longtime lurker... first time poster. Me.. 58, married, 4 adult kids, all college educated w/ zero debt and a good used car. Wife and I earn low 300s together. House and land will be paid off within 5 years. 401K, Roth’s, investments and home equity around 1.5 million. Will retire in 7.5 years....
by staythecourse
Tue Feb 13, 2018 11:22 pm
Forum: Personal Finance (Not Investing)
Topic: What's the most "interesting" job in corporate finance?
Replies: 30
Views: 3322

Re: What's the most "interesting" job in corporate finance?

Steps I'd recommend. I guess I would offer the following bits of advice: 1. Work "harder" than everyone else. 2. Work "smarter" than everyone else - don't waste time and be as efficient as possible. 3. Get things done quicker than everyone else - and consistently at a very, very high quality. It's ...
by staythecourse
Tue Feb 13, 2018 9:03 pm
Forum: Investing - Theory, News & General
Topic: The Misguided Beliefs of Financial Advisors
Replies: 15
Views: 2832

Re: The Misguided Beliefs of Financial Advisors

Great so advisers are not greedy and unethical, but just incompetent. I would think the latter is even more dangerous.

Good luck.
by staythecourse
Tue Feb 13, 2018 8:55 pm
Forum: Investing - Theory, News & General
Topic: In plain English, please explain what was VIX, what happened to it and why?
Replies: 68
Views: 5820

Re: In plain English, please explain what was VIX, what happened to it and why?

Only thing I have learned is that as a group: 1. We are really bright and well read and 2. None of us seem to be good teachers. :D Hope someone can get on here and give the OP a SIMPLE explanation. Here is mine: VIX is basically a measure of the risk of the stock market. Folks (professionals) look a...
by staythecourse
Tue Feb 13, 2018 4:41 pm
Forum: Personal Finance (Not Investing)
Topic: Job is starting to suck the life out of me.
Replies: 80
Views: 9378

Re: Job is starting to suck the life out of me.

Makes me just want to do enough while on shift just to get by under the radar and not do a damn thing more. Sounds about right for any rank and file employee. Employers have no one to blame for themselves for creating a culture where the employee is so disincentived to do more then the bare minimum...
by staythecourse
Tue Feb 13, 2018 4:28 pm
Forum: Personal Finance (Not Investing)
Topic: Number at which to stop worrying
Replies: 170
Views: 16802

Re: Number at which to stop worrying

Honestly, for me what I realized is the "number at which I stop worrying" has nothing to do with my portfolio value since I am in the accumulation stage. For me not to worry ALL has to do with our monthly income to monthly liabilities. That's it. My portfolio could go to zero and it wouldn't affect ...
by staythecourse
Tue Feb 13, 2018 3:17 pm
Forum: Investing - Help with Personal Investments
Topic: Savings Rate - Early Retirement
Replies: 13
Views: 1042

Re: Savings Rate - Early Retirement

Impossible to say. We see way TOO MANY of these type of questions without giving some very important info, such as: Is your job really stable and can be count on without some unemployment/ underemployment in the future? Are you or are you considering getting married? Are you finished with your housi...
by staythecourse
Tue Feb 13, 2018 2:49 pm
Forum: Investing - Theory, News & General
Topic: Correction vs. Prolonged Bear Market
Replies: 23
Views: 1546

Re: Correction vs. Prolonged Bear Market

I'm curious (and I know there's no hard and fast answer here): What do you all think about the general likelihood of a prolonged bear market in the US? To be clear, I'm not very risk averse (80/20 AA and could tolerate a more aggressive allocation if I felt the need, which I don't), and this has no...
by staythecourse
Tue Feb 13, 2018 9:06 am
Forum: Investing - Theory, News & General
Topic: Correction vs. Prolonged Bear Market
Replies: 23
Views: 1546

Re: Correction vs. Prolonged Bear Market

I'm curious (and I know there's no hard and fast answer here): What do you all think about the general likelihood of a prolonged bear market in the US? To be clear, I'm not very risk averse (80/20 AA and could tolerate a more aggressive allocation if I felt the need, which I don't), and this has no...
by staythecourse
Mon Feb 12, 2018 11:41 pm
Forum: Investing - Help with Personal Investments
Topic: Are REITs essentially taboo for years now with rising rates?
Replies: 55
Views: 5248

Re: Are REITs essentially taboo for years now with rising rates?

staythecourse, VNQ, REET, USRT, IYR, FREL, XLRE, RWR, ICF, SCHH were listed in a recent article on VNQ. I'd link the article, but the author was not aware of the VNQ reconfiguration so I won't bother. I haven't looked at these myself because my 401K has that proprietary REIT fund, and hasn't got an...
by staythecourse
Mon Feb 12, 2018 6:26 pm
Forum: Investing - Help with Personal Investments
Topic: Are REITs essentially taboo for years now with rising rates?
Replies: 55
Views: 5248

Re: Are REITs essentially taboo for years now with rising rates?

staythecourse, VNQ, REET, USRT, IYR, FREL, XLRE, RWR, ICF, SCHH were listed in a recent article on VNQ. I'd link the article, but the author was not aware of the VNQ reconfiguration so I won't bother. I haven't looked at these myself because my 401K has that proprietary REIT fund, and hasn't got an...
by staythecourse
Mon Feb 12, 2018 4:06 pm
Forum: Investing - Help with Personal Investments
Topic: Are REITs essentially taboo for years now with rising rates?
Replies: 55
Views: 5248

Re: Are REITs essentially taboo for years now with rising rates?

FYI ... http://www.etf.com/sections/daily-etf-watch/vanguard-etf-sees-changes I think this topic has been discussed here before but thought a reminder wouldn't hurt. The point is vnq is no longer a pure REIT play. Much thanks for the link. Maybe I skimmed it to quick, but did it mention the % that ...
by staythecourse
Mon Feb 12, 2018 2:21 pm
Forum: Investing - Help with Personal Investments
Topic: Are REITs essentially taboo for years now with rising rates?
Replies: 55
Views: 5248

Re: Are REITs essentially taboo for years now with rising rates?

What you are implying is market timing based on valuations which is a part of an active management approach which the data is pretty clear from the BSB and BHB studies is a losers game. Actually, it's even more "interesting" than that. As far as it's been explained to me (not very far), livesoft ba...
by staythecourse
Mon Feb 12, 2018 2:20 pm
Forum: Investing - Help with Personal Investments
Topic: Are REITs essentially taboo for years now with rising rates?
Replies: 55
Views: 5248

Re: Are REITs essentially taboo for years now with rising rates?

I hear you, staythecourse. I've noticed quite a few experienced investors here sharing their active management exploits and promoting the idea that they can reliably enhance their performance through their uncommonly clever techniques. :shock: I doubt the individuals involved will do themselves any...
by staythecourse
Mon Feb 12, 2018 1:04 pm
Forum: Investing - Help with Personal Investments
Topic: Are REITs essentially taboo for years now with rising rates?
Replies: 55
Views: 5248

Re: Are REITs essentially taboo for years now with rising rates?

My answer to that is WHO CARES. Somebody cares or they would not have started this thread. I've stated exactly when I will buy the REIT index fund VNQ. I've stated the fact that VNQ has lost money for a single purchase 3 years ago. I know that buy and hold folks from 3 years ago could have done som...
by staythecourse
Mon Feb 12, 2018 11:28 am
Forum: Investing - Help with Personal Investments
Topic: Are REITs essentially taboo for years now with rising rates?
Replies: 55
Views: 5248

Re: Are REITs essentially taboo for years now with rising rates?

BTW, don't you want to increase your stake in anything when it is getting hammered? Funny how folks act like they are ironclad and have no problems in times of rough water, but then just reverse course because it has not done well for a whole 1-2 years. WOW. Yes, I do want to increase my 0% stake i...
by staythecourse
Sun Feb 11, 2018 8:52 pm
Forum: Investing - Help with Personal Investments
Topic: Are REITs essentially taboo for years now with rising rates?
Replies: 55
Views: 5248

Re: Are REITs essentially taboo for years now with rising rates?

Data supports that REITS actually INCREASE in value when rates increase. So that urban legend needs to die. Personally, I have 20% in it and will keep throwing new money at it. Does it feel like what Dr. Bernstein describes in IAA as "throwing money down a rat hole"? Yes, but that is how it felt thr...
by staythecourse
Sun Feb 11, 2018 8:42 pm
Forum: Investing - Theory, News & General
Topic: How does one emotionally keep it together during market swings?
Replies: 70
Views: 4114

Re: How does one emotionally keep it together during market swings?

Mentioned it several times already on this site, but it was Milton Friedman (I believe) who paraphrasing said to the effect it was the DUTY of the equity investors to experience losses on occasion AND they should do it without second guessing their plan. In the end, those who truly believe that are ...
by staythecourse
Sun Feb 11, 2018 11:31 am
Forum: Personal Consumer Issues
Topic: A bill from the doctor - how/should I contest?
Replies: 44
Views: 3806

Re: A bill from the doctor - how/should I contest?

They can't just make up a charge for whatever they want. Maybe they can? There is an issue of needing to get consent (oral or written). If you are getting a procedure done it is ALWAYS written. Something like doing an office visit is oral as it is assumed making the appointment itself is an oral ag...
by staythecourse
Sun Feb 11, 2018 11:00 am
Forum: Personal Consumer Issues
Topic: A bill from the doctor - how/should I contest?
Replies: 44
Views: 3806

Re: A bill from the doctor - how/should I contest?

Doc here. Personally, I would not be satisfied from the situation thus far. They never gave you a direct answer to WHAT the charge is for. Just because insurance does not cover the service there should be a CPT code attached to the service. They can't just make up a charge for whatever they want. Al...
by staythecourse
Sun Feb 11, 2018 9:59 am
Forum: Personal Consumer Issues
Topic: Do you have a Japanese bath in your house?
Replies: 27
Views: 3896

Re: Do you have a Japanese bath in your house?

What is a Japanese bath? X2 Exactly what I was thinking I am assuming they are talking about a furo. It is basically a hot tub for soaking after bathing or showering. https://en.wikipedia.org/wiki/Furo Okay there is NO way anyone with kids have time to use this. I barely have enough time for a show...
by staythecourse
Sat Feb 10, 2018 6:39 pm
Forum: Investing - Help with Personal Investments
Topic: Help Sell FIRE to spouse
Replies: 31
Views: 3551

Re: Help Sell FIRE to spouse

I have a simple exercise that can help to save you money on useless FAs. Ask your wife the following questions: 1) If we had $2M, would you feel comfortable? If no: 2) If we had $20M, would you feel comfortable? If no: 3) If we had $200B, would you feel comfortable? If no: Retire yourself and let y...