Search found 5018 matches

by staythecourse
Wed Dec 13, 2017 9:01 pm
Forum: Investing - Help with Personal Investments
Topic: Maxed out retirement accounts - next steps?
Replies: 11
Views: 819

Re: Maxed out retirement accounts - next steps?

Not to pry, but I would be more concerned about your medical condition and the severity since you are single at this point with no immediate plans to settle down and have a family. Is this a disease that will require assistance? If so, I would MUCH more concerned about that then anything else. I am ...
by staythecourse
Wed Dec 13, 2017 6:23 pm
Forum: Personal Consumer Issues
Topic: Who is Right Me or Spouse
Replies: 51
Views: 2605

Re: WHO IS RIGHT ME or SPOUSE

Sounds ridiculous but if one of you (usually the wife) has strong social feelings on the decision I would follow her lead. Women are MUCH better then men in understanding social implications (at least between my wife and I). I would defer to her.

Good luck.
by staythecourse
Tue Dec 12, 2017 12:27 pm
Forum: Personal Finance (Not Investing)
Topic: Year end review with less nerdy spouse
Replies: 56
Views: 4422

Re: Year end review with less nerdy spouse

I finally got my wife to look over our finances on my birthday. She promised to do it once per year. I guilted her by saying if something happens to me who is going to take care of the kids in a financial sense. That worked. I think I will see if I can manage end of the year review as well. Great id...
by staythecourse
Tue Dec 12, 2017 11:55 am
Forum: Investing - Help with Personal Investments
Topic: What to do after losing $117k in stock market?
Replies: 115
Views: 10676

Re: What to do after losing $117k in stock market?

I am not sure why so many folks are telling the OP to just stop speculating. It isn't like the human mind goes, "Oh okay x number of people told me to do y so now I will do y". That is the problem with behavioral finance and this thread is a perfect microcosm of it. Just because you tell the person ...
by staythecourse
Tue Dec 12, 2017 11:16 am
Forum: Personal Finance (Not Investing)
Topic: Done gone and did it [Retire]
Replies: 78
Views: 6948

Re: Done gone and did it

I was clicking some stuff on the Megacorp web site and next thing you know I've submitted a retirement notice for January 31, 2018. :) Getting set up for hand-off of duties and whatnot over the coming weeks. A new chapter. Earl Lemongrab, I hope it works out for you. My friend's co-worker told her ...
by staythecourse
Tue Dec 12, 2017 11:06 am
Forum: Investing - Help with Personal Investments
Topic: What to do after losing $117k in stock market?
Replies: 115
Views: 10676

Re: What to do after losing $117k in stock market?

My suggestion as it is for ANYBODY is to do no more investing/ speculating and do some reading. Everyone's opinion is different, but in the end what sets most bogleheads/ passive investors is the true belief, in the end, that NO ONE can predict anything (which stocks to pick or what is best time or ...
by staythecourse
Mon Dec 11, 2017 9:02 pm
Forum: Personal Finance (Not Investing)
Topic: Done gone and did it [Retire]
Replies: 78
Views: 6948

Re: Done gone and did it

I was clicking some stuff on the Megacorp web site and next thing you know I've submitted a retirement notice for January 31, 2018. :) Getting set up for hand-off of duties and whatnot over the coming weeks. A new chapter. Earl Lemongrab, I hope it works out for you. My friend's co-worker told her ...
by staythecourse
Mon Dec 11, 2017 12:22 pm
Forum: Personal Finance (Not Investing)
Topic: CPA: The best profession if you want to make the most money + keep the most money?
Replies: 61
Views: 6293

Re: CPA: The best profession if you want to make the most money + keep the most money?

Hey yeah, so it's pretty easy. You would think there would be some type of secret but nope... 1. They had big brokerage accounts, most were actively managed 2. Many had a business of some kind. Most were service oriented. 3. Many had real estate rentals. 4. Many had lots of cash to capitalize on op...
by staythecourse
Mon Dec 11, 2017 12:09 pm
Forum: Investing - Help with Personal Investments
Topic: help me predict investment return of my kid's IRA
Replies: 17
Views: 817

Re: help me predict investment return of my kid's IRA

Thesaints wrote:
Fri Dec 08, 2017 7:48 pm
Vanguard 2060 will be 90% stocks only for another 18 years.
Correct. I would change that now to 100% stocks. Who cares what happens to this small amount of money so might as well increase the chances at the best overall return, no?

Good luck.
by staythecourse
Mon Dec 11, 2017 12:07 pm
Forum: Investing - Help with Personal Investments
Topic: help me predict investment return of my kid's IRA
Replies: 17
Views: 817

Re: help me predict investment return of my kid's IRA

All I know is it would have been more if you opened a VA with Vanguard with the child as an annuitant. This was advised by Mr. Clement some time ago. I did and put maybe 10-20k when she was 1 or 2. Will be interesting to see what that number will be in 60+ years. Of course, I'll be dead and won't se...
by staythecourse
Mon Dec 11, 2017 12:01 pm
Forum: Investing - Help with Personal Investments
Topic: What cause BH fear about running out of saving though they have big size of asset?
Replies: 27
Views: 1608

Re: What cause BH fear about running out of saving though they have big size of asset?

What makes you think it has all to do with the portfolio value? I would think many of those folks have a level of anxiety in regards to many aspects of life, i.e. worry warts. I think for many the worry of not having enough money is the same reason they save to alleviate that worry (not necessarily ...
by staythecourse
Mon Dec 11, 2017 10:11 am
Forum: Personal Finance (Not Investing)
Topic: What are your big-picture ‘rules of life’ —financial or otherwise?
Replies: 101
Views: 8552

Re: What are your big-picture ‘rules of life’ —financial or otherwise?

I have found out the lowest hanging fruit in success in life is PLANNING. That simple. "In preparing for battle I have always found that plans are useless, but planning is indispensable." - Dwight D. Eisenhower I agree that the planning exercise is useful to help us understand what options there ar...
by staythecourse
Sun Dec 10, 2017 2:02 pm
Forum: Personal Consumer Issues
Topic: Do girls wear Ninja Turtle character shoes
Replies: 54
Views: 2408

Re: Do girls wear Ninja Turtle character shoes

My bad, this is what happens when you read too fast (or not thorough enough). Didn't pick up it is your SON that you are considering girl shoes. Guess, my answer is still in in the spirit of being an individual and not a conformist... ask him what he wants. If he likes them then who cares if they ar...
by staythecourse
Sun Dec 10, 2017 12:58 pm
Forum: Investing - Help with Personal Investments
Topic: Windfall of 1.5 millions
Replies: 10
Views: 2084

Re: Windfall of 1.5 millions

I am in the early 30s and I received around 1.5 million after-tax through IPO. I stay in SV. I do not have any debt. I am yet to decide what i will do with this money. I might return to my home country in a year but mostly I will get residency here and stay. It will be clear in a year what I will b...
by staythecourse
Sun Dec 10, 2017 12:22 pm
Forum: Personal Finance (Not Investing)
Topic: What are your big-picture ‘rules of life’ —financial or otherwise?
Replies: 101
Views: 8552

Re: What are your big-picture ‘rules of life’ —financial or otherwise?

To be honest, I am not a fan of affirmations or stuff that comes out of fortune cookie as it is not direct on what to do and is hard to be actionable after reading it. I have found out the lowest hanging fruit in success in life is PLANNING. That simple. I figure there are about 80% of people (if ev...
by staythecourse
Sun Dec 10, 2017 11:38 am
Forum: Personal Consumer Issues
Topic: Do girls wear Ninja Turtle character shoes
Replies: 54
Views: 2408

Re: Do girls wear Ninja Turtle character shoes

Personally, I LOVE if my kids want to do something that is different then everything else. If she wants the shoes let her have it. I would be proud vs. following the usual pink, lacy, and princess advertised stuff.

Good luck.
by staythecourse
Sun Dec 10, 2017 11:35 am
Forum: Personal Finance (Not Investing)
Topic: Does this happen to you? Educating friends about personal finance
Replies: 104
Views: 5716

Re: Does this happen to you? Educating friends about personal finance

Funny, because they ONE job everyone has during their life that is the same is money manager at some point or another so would figure more folks would be proactive about it. I would say it's not just that ONE job, there are others. Everyone has to manage their health at some point during their life...
by staythecourse
Sun Dec 10, 2017 10:22 am
Forum: Personal Finance (Not Investing)
Topic: Save all this money, what do you splurge on?
Replies: 155
Views: 10528

Re: Save all this money, what do you splurge on?

My consistent splurges are on paying for people to do stuff I, nor my wife, want to do, but appreciate it getting done. For example, cleaning the house, doing the yardwork, paying for stuff on internet that we may have gotten cheaper through regular shopping, etc... Also, we love anything that gives...
by staythecourse
Sun Dec 10, 2017 10:09 am
Forum: Personal Finance (Not Investing)
Topic: Does this happen to you? Educating friends about personal finance
Replies: 104
Views: 5716

Re: Does this happen to you? Educating friends about personal finance

One thing I have learned is that folks are sometimes embarrassed to ask about what they don't know. I'm a doc married to a doc and have, no surprising, many doc friends who are obviously intelligent. When they ask about investing it is hard to put in words in a simple language that does not scare th...
by staythecourse
Sat Dec 09, 2017 8:55 pm
Forum: Investing - Theory, News & General
Topic: 2000-09 worst decade for large cap stocks in 109 years
Replies: 44
Views: 3031

Re: 2000-09 worst decade for large cap stocks in 109 years

Sounds like the "best buying opportunity to me" :happy beat me to it. ^This. If you're buying stocks do you want the price to rise or fall (read closely...the question was "buying" stocks, not "selling" stocks)? Of course you want the prices to fall. 40% decline (2000-2002) and 50% decline (2007-20...
by staythecourse
Sat Dec 09, 2017 8:04 pm
Forum: Investing - Theory, News & General
Topic: 2000-09 worst decade for large cap stocks in 109 years
Replies: 44
Views: 3031

Re: 2000-09 worst decade for large cap stocks in 109 years

Sounds like the "best buying opportunity to me" :happy beat me to it. ^This. If you're buying stocks do you want the price to rise or fall (read closely...the question was "buying" stocks, not "selling" stocks)? Of course you want the prices to fall. 40% decline (2000-2002) and 50% decline (2007-20...
by staythecourse
Sat Dec 09, 2017 1:32 pm
Forum: Investing - Theory, News & General
Topic: Just not getting it
Replies: 70
Views: 8179

Re: Just not getting it

I posted most of this in another post but I suspect that thread is not being looked at much at this point so I'd like to post it again because it is for me a foundational question re the BH approach to investing that I can't come to terms with. I've read several of the core BH investing books and u...
by staythecourse
Sat Dec 09, 2017 12:24 pm
Forum: Investing - Theory, News & General
Topic: "Think you can time the stock market? Look at this chart first"
Replies: 42
Views: 4098

Re: Yes, you CAN time the stock market SOMETIMES

What you, nor anyone else, has shown is: 1. Is there at clustering of best days or worst days. No the last chart does not show that. it shows that clustering of the best and worst are around the highest 30 S.D. OBVIOUSLY having one of the largest movements in either direction (up or down) is going ...
by staythecourse
Sat Dec 09, 2017 11:25 am
Forum: Investing - Theory, News & General
Topic: "Think you can time the stock market? Look at this chart first"
Replies: 42
Views: 4098

Re: Yes, you CAN time the stock market SOMETIMES

So I see from the follow-on discussion that some folks are seeing what has been reported before: Namely that best and worst days often (not always) occur close together in time. Furthermore, sometimes best days occur before worst days and sometimes worst days occur before best days. The linked arti...
by staythecourse
Sat Dec 09, 2017 9:35 am
Forum: Investing - Theory, News & General
Topic: "Think you can time the stock market? Look at this chart first"
Replies: 42
Views: 4098

Re: "Think you can time the stock market? Look at this chart first"

My observation is that volatility often, but not always, appears with positive price swings and negative prices swings "close" together. If the data show that is true, it would make sense to me primarily because the market is often wrong in its predictions/expectations of future events, and is subs...
by staythecourse
Sat Dec 09, 2017 9:30 am
Forum: Investing - Theory, News & General
Topic: "Think you can time the stock market? Look at this chart first"
Replies: 42
Views: 4098

Re: "Think you can time the stock market? Look at this chart first"

it is mostly an exercise in curiosity; a fun with numbers of sorts. The odds are probably pretty low that you will consistently miss the best days and but somehow stay in the worst days. It should mostly even out. Maybe I am not understanding. Why do people assume as a thought process that if one m...
by staythecourse
Fri Dec 08, 2017 9:08 pm
Forum: Investing - Help with Personal Investments
Topic: Retire in my early 40s? Crazy or actually doable?
Replies: 71
Views: 8591

Re: Retire in my early 40s? Crazy or actually doable?

No kids. Expenses should stay roughly the same in retirement (adjusted for inflation obviously). I am already accounting for travel expenses each year in my previous numbers; we typically take about 4-5 vacations per year. Regarding what I will do in retirement: my friends will still be working but...
by staythecourse
Fri Dec 08, 2017 8:54 pm
Forum: Investing - Help with Personal Investments
Topic: Roth for my 16 y.o. child ??
Replies: 11
Views: 787

Re: Roth for my 16 y.o. child ??

My son works at a fast food joint and makes 5k a year part time. I think this may spark an interest in him. Could I open a Roth in his name? Any special rules? What fund do you suggest? Just curious as I am years away as my kids are toddlers at most, but what does you kid say when you tell them all...
by staythecourse
Fri Dec 08, 2017 6:56 pm
Forum: Investing - Theory, News & General
Topic: "Think you can time the stock market? Look at this chart first"
Replies: 42
Views: 4098

Re: "Think you can time the stock market? Look at this chart first"

I think comments about impact of the best and worst days miss the point, which is that the market is unpredictably volatile. There are two ways to win: 1) be really, really, really lucky; or 2) ride the roller coaster and reap the long-term return. That would be my thought as well. Either one is lu...
by staythecourse
Fri Dec 08, 2017 6:43 pm
Forum: Investing - Theory, News & General
Topic: "Think you can time the stock market? Look at this chart first"
Replies: 42
Views: 4098

Re: "Think you can time the stock market? Look at this chart first"

I think it would be pretty tough to miss the best days without missing some of the worst days too. Could be a wash. I'm sure someone has already analyzed the occurrence of best/worst days in relation to worst/best days, so all we need now is for someone to find it to satisfy the curious. I don't un...
by staythecourse
Fri Dec 08, 2017 6:24 pm
Forum: Investing - Theory, News & General
Topic: "Think you can time the stock market? Look at this chart first"
Replies: 42
Views: 4098

Re: "Think you can time the stock market? Look at this chart first"

I think it would be pretty tough to miss the best days without missing some of the worst days too. Could be a wash. I'm sure someone has already analyzed the occurrence of best/worst days in relation to worst/best days, so all we need now is for someone to find it to satisfy the curious. I don't un...
by staythecourse
Fri Dec 08, 2017 5:04 pm
Forum: Investing - Theory, News & General
Topic: "Think you can time the stock market? Look at this chart first"
Replies: 42
Views: 4098

Re: "Think you can time the stock market? Look at this chart first"

Great link and should likely be stickied. I remember reading a book awhile ago which showed missing the best x amount of days since 1970's until now produced returns WORSE then just being in cash during that whole time frame. The idea of being a buy and hold investor is so you do not miss the few go...
by staythecourse
Fri Dec 08, 2017 4:50 pm
Forum: Personal Finance (Not Investing)
Topic: House on the market less than a day. Did listing agent commit fraud?
Replies: 56
Views: 6896

Re: House on the market less than a day. Did listing agent commit fraud?

On one hand you say that a backup offer (secured through continued showings after signing a contract) provides the seller with leverage and that the buyer can use the lack of a backup offer to his or her advantage (e.g., whittling down the sales price after inspection). But on the other hand, you s...
by staythecourse
Fri Dec 08, 2017 11:29 am
Forum: Investing - Theory, News & General
Topic: Vanguard economic and market outlook for 2018
Replies: 27
Views: 2475

Re: Vanguard economic and market outlook for 2018

Couple of quick comments after a quick look. Look forward to reading it more in depth. 1. The data on autocorrelation from year to year on nearly every asset class is zero (outside of cash). So NO ONE can predict future one year returns. 2. What is the data on Vanguard and their accuracy of predicti...
by staythecourse
Fri Dec 08, 2017 9:32 am
Forum: Personal Finance (Not Investing)
Topic: House on the market less than a day. Did listing agent commit fraud?
Replies: 56
Views: 6896

Re: House on the market less than a day. Did listing agent commit fraud?

On one hand you say that a backup offer (secured through continued showings after signing a contract) provides the seller with leverage and that the buyer can use the lack of a backup offer to his or her advantage (e.g., whittling down the sales price after inspection). But on the other hand, you s...
by staythecourse
Fri Dec 08, 2017 9:25 am
Forum: Personal Finance (Not Investing)
Topic: What do Bogleheads say when they don't want to spend money?
Replies: 103
Views: 5396

Re: What do Bogleheads say when they don't want to spend money?

My dad talks about how much harder it was to say "no" to us as kids and teens once "we can't afford that" wasn't accurate. Meg77, I do not have that problem. My response tends to be if you want it, you can pay for it. My kids have the money to pay for those things. KlangFool Interesting, my dad was...
by staythecourse
Thu Dec 07, 2017 6:24 pm
Forum: Personal Finance (Not Investing)
Topic: What do Bogleheads say when they don't want to spend money?
Replies: 103
Views: 5396

Re: What do Bogleheads say when they don't want to spend money?

I usually just tell people I'm cheap. That usually ends the conversation quickly.

The only odd look I ever get is when I tell folks I don't have cable. Then I go on some diatribe of how I like to be a contrarian and buck the system. Again the conversation ends quickly.

Good luck.
by staythecourse
Thu Dec 07, 2017 9:40 am
Forum: Personal Finance (Not Investing)
Topic: House on the market less than a day. Did listing agent commit fraud?
Replies: 56
Views: 6896

Re: House on the market less than a day. Did listing agent commit fraud?

Nothing illegal about it with my limited experience. Unfortunately, someone beat you to the house. No reason you can't see the house and put a backup offer, in case, the primary buyer falls out. I will say for the seller it is more advantageous to keep showing the house. The big mistake I did when ...
by staythecourse
Thu Dec 07, 2017 9:33 am
Forum: Personal Finance (Not Investing)
Topic: Mortgage as percentage of take-home pay
Replies: 79
Views: 5717

Re: Mortgage as percentage of take-home pay

KlangFool--- Is rapid mortgage payoff (10 years instead of 30 years) considered savings? Great question. The answer is yes. How much is the post tax interest rate. That is a better way of looking at prepayment is the opportunity cost of earning posttax interest rate vs. whatever the expected return...
by staythecourse
Thu Dec 07, 2017 9:04 am
Forum: Personal Finance (Not Investing)
Topic: House on the market less than a day. Did listing agent commit fraud?
Replies: 56
Views: 6896

Re: House on the market less than a day. Did listing agent commit fraud?

Nothing illegal about it with my limited experience. Unfortunately, someone beat you to the house. No reason you can't see the house and put a backup offer, in case, the primary buyer falls out. I will say for the seller it is more advantageous to keep showing the house. The big mistake I did when I...
by staythecourse
Wed Dec 06, 2017 4:19 pm
Forum: Investing - Theory, News & General
Topic: I'm declaring a bubble, it's at the peak
Replies: 15
Views: 2348

Re: I'm declaring a bubble, it's at the peak

I'm trying to decide if nisiprius is a contrarian indicator, in which case I might do something about the thing that nisiprius is doing nothing about. Not Nisi, but have thought what the data is on market movements in the 1 day, 7 day, and 1 month following an update on the "US stocks in freefall" ...
by staythecourse
Tue Dec 05, 2017 7:56 pm
Forum: Investing - Theory, News & General
Topic: Everyone, Even a Passive Vanguard Investor, is a Factor Investor (Alpha Architect/Jack Vogel, 11-30-17)
Replies: 39
Views: 1556

Re: Everyone, Even a Passive Vanguard Investor, is a Factor Investor (Alpha Architect/Jack Vogel, 11-30-17)

Yes, there are points in the article that describe how diversifying your risk factors has a good chance of leading to higher returns. Unfortunately, the article does not describe how "diversifying your risk factors" has a good chance of leading to lower returns, higher-costs and complexity. Best wi...
by staythecourse
Tue Dec 05, 2017 6:39 pm
Forum: Investing - Theory, News & General
Topic: Everyone, Even a Passive Vanguard Investor, is a Factor Investor (Alpha Architect/Jack Vogel, 11-30-17)
Replies: 39
Views: 1556

Re: All Investors are Factor Investors

How do the same folks know ERP exist? It isn't on the Ten Commandments. Someone noticed it as a way to explain the excess returns given by stocks over fixed income. That is how that factor started. No different then any of the factors. No. Investors demanded a higher return for taking the greater r...
by staythecourse
Tue Dec 05, 2017 3:26 pm
Forum: Investing - Theory, News & General
Topic: Everyone, Even a Passive Vanguard Investor, is a Factor Investor (Alpha Architect/Jack Vogel, 11-30-17)
Replies: 39
Views: 1556

Re: All Investors are Factor Investors

I've been saying this for awhile Any intelligent/ well read investor KNOWS even a TSM investing is investing in a factor, beta/ market factor. I am assuming this is not news from the TSM folks. I am assuming they choose to stop there as they are not interested in learning/ researching/ or better ed...
by staythecourse
Tue Dec 05, 2017 3:24 pm
Forum: Personal Finance (Not Investing)
Topic: Lowering real estate agent costs when selling?
Replies: 34
Views: 2586

Re: Lowering real estate agent costs when selling?

If the buyer's agent directs them to an FSBO they contractually owe money to the buyer's agent. So without the seller's offer to compensate the buyer's agent, they would need to offer higher to compensate. Do you have a link confirming that as that sounds wrong. If a buyers agent shows a FSBO to a ...
by staythecourse
Tue Dec 05, 2017 3:07 pm
Forum: Investing - Help with Personal Investments
Topic: First post from this retiree with questions - my daughter sent me here!
Replies: 34
Views: 3839

Re: First post from this retiree with questions - my daughter sent me here!

Most important questions that needs to be answered for a retiree is... What are my monthly fixed expenses? How much income do I bring in per month from: SS, pension, SPIA, disability, etc... Is there a deficit? If there is then we start looking at you liquid investments. If not then you can just thr...
by staythecourse
Tue Dec 05, 2017 2:58 pm
Forum: Investing - Theory, News & General
Topic: Everyone, Even a Passive Vanguard Investor, is a Factor Investor (Alpha Architect/Jack Vogel, 11-30-17)
Replies: 39
Views: 1556

Re: All Investors are Factor Investors

I've been saying this for awhile Any intelligent/ well read investor KNOWS even a TSM investing is investing in a factor, beta/ market factor. I am assuming this is not news from the TSM folks. I am assuming they choose to stop there as they are not interested in learning/ researching/ or better edu...
by staythecourse
Tue Dec 05, 2017 1:58 pm
Forum: Personal Finance (Not Investing)
Topic: Lowering real estate agent costs when selling?
Replies: 34
Views: 2586

Re: Lowering real estate agent costs when selling?

Actionable: 1 If you are in a high demand area, right now R/E is doing well in many areas, inventory is low for good properties, you can try a FSBO first. 2 Then if it doesn't sell right away, move on to a Flat Fee MLS R/E listing service, 3 then finally a regular Brokerage. What the large brokerag...
by staythecourse
Tue Dec 05, 2017 1:50 pm
Forum: Personal Finance (Not Investing)
Topic: Mortgage is About To Be Paid - I'm Scared!
Replies: 43
Views: 5661

Re: Mortgage is About To Be Paid - I'm Scared!

Is this a humblebrag? If it is a humblebrag I wouldn't have if I was in the same situation. In the long run how much money could have been made if one would have just carried the low cost debt (mortgage) and invested in the markets instead. I made that same decision years back and am glad I investe...
by staythecourse
Tue Dec 05, 2017 12:03 pm
Forum: Personal Finance (Not Investing)
Topic: Lowering real estate agent costs when selling?
Replies: 34
Views: 2586

Re: Lowering real estate agent costs when selling?

Actionable: 1 If you are in a high demand area, right now R/E is doing well in many areas, inventory is low for good properties, you can try a FSBO first. 2 Then if it doesn't sell right away, move on to a Flat Fee MLS R/E listing service, 3 then finally a regular Brokerage. What the large brokerag...