Search found 4447 matches

by staythecourse
Mon Jun 26, 2017 4:42 pm
Forum: Investing - Help with Personal Investments
Topic: A Bogleheads success story
Replies: 20
Views: 4778

Re: A Bogleheads success story

Hi BAW, Thanks for sharing this with the Board. I'd like to ask if you wouldn't mind posting the percentages of the recommended asset allocation, location and actual fund recommendations? Thank you! This should be a moment for a teaching lesson. If one asks this question then they don't truly under...
by staythecourse
Mon Jun 26, 2017 3:12 pm
Forum: Personal Consumer Issues
Topic: TV show recommendations?
Replies: 506
Views: 198613

Re: TV show recommendations?

Okay stop everything and check out "The Missing" on Starz. Only two seasons (each 8 episodes) but was amazing. Also, am finishing up "American Crime" on Netflix which was good. First season was excellent. Didn't realize how good of an actress Felicity Huffman is. Good luck. Love...
by staythecourse
Sun Jun 25, 2017 12:24 am
Forum: Personal Consumer Issues
Topic: Worthwhile TV programming?
Replies: 54
Views: 2879

Re: Worthwhile TV programming?

I love it when people who do not watch tv dismiss it all as garbage.How do they know if they do not watch? There are a lot of excellent shows and of course a lot of garbage as well. What is worthwhile to one person is absolute #%^*%%# to another.Some people consider it a badge of honor that they do...
by staythecourse
Sat Jun 24, 2017 11:59 pm
Forum: Personal Consumer Issues
Topic: TV show recommendations?
Replies: 506
Views: 198613

Re: TV show recommendations?

Okay stop everything and check out "The Missing" on Starz. Only two seasons (each 8 episodes) but was amazing.

Also, am finishing up "American Crime" on Netflix which was good. First season was excellent. Didn't realize how good of an actress Felicity Huffman is.

Good luck.
by staythecourse
Sat Jun 24, 2017 11:56 pm
Forum: Investing - Theory, News & General
Topic: Money Pours In = Diminishing Returns?
Replies: 7
Views: 1656

Re: Asset Bloat

slowmoney: You are talking about "asset bloat." This is what Investopedia has to say on the subject: So-called "asset bloat" is not much of a problem for bond, index and money market funds, which generally operate in large market segments that are very liquid and are less affect...
by staythecourse
Sat Jun 24, 2017 11:47 pm
Forum: Investing - Help with Personal Investments
Topic: Crazy(?) Adviser Advice: "I don't believe in bonds"
Replies: 48
Views: 4476

Re: Crazy(?) Adviser Advice: "I don't believe in bonds"

+1 @staythecourse. I really like your statement: No doubt bonds will drag down results. Anyone who says otherwise is lying to themselves and others. If one believes in semi rational markets why would it reward someone for taking on less risk, i.e. risk of losing principal then those who take on mor...
by staythecourse
Sat Jun 24, 2017 7:37 pm
Forum: Investing - Help with Personal Investments
Topic: Advice for relative with mostly cash and 7-10 years to retirement?
Replies: 20
Views: 1329

Re: Advice for relative with mostly cash and 7-10 years to retirement?

In this conversation the very last question to ask is asset allocation. There are a many more questions and answers needed to come up with the answer of asset allocation. Some of which are: How safe is your job to guarantee getting to 7-10 more years of work? IS the option available for part time wo...
by staythecourse
Sat Jun 24, 2017 7:29 pm
Forum: Investing - Help with Personal Investments
Topic: Crazy(?) Adviser Advice: "I don't believe in bonds"
Replies: 48
Views: 4476

Re: Crazy(?) Adviser Advice: "I don't believe in bonds"

I recently left a financial adviser who was managing my money. In one of our last conversations I asked him to talk me through how he'd invested my portfolio. I'm 25 years from retirement, and my ROTH was invested 100% in equities. During the conversation he said many things that, after reading man...
by staythecourse
Sat Jun 24, 2017 5:13 pm
Forum: Investing - Help with Personal Investments
Topic: 20 Years To Med School: Saving For Tuition Math
Replies: 28
Views: 1985

Re: 20 Years To Med School: Saving For Tuition Math

I do know this math is based on unknown estimated variables, so it will fail. Even if the plan fails, planning was necessary. If you know this then why are you asking. Just save as much as you can. If that is enough great and if not then adapt as that time nears. It is becoming very apparent (at le...
by staythecourse
Sat Jun 24, 2017 3:07 pm
Forum: Personal Consumer Issues
Topic: Contractor took deposit but never did any work. What next?
Replies: 31
Views: 3911

Re: Contractor took deposit but never did any work. What next?

I'd get a lawyer and take his advice and ignore the rest of what is posted in this thread. You might be surprised what a letter from a lawyer may get you. I would agree with getting a lawyer. BUT I think folks on here are bit idealistic about getting lawyers involved. I've been in litigation before...
by staythecourse
Sat Jun 24, 2017 3:01 pm
Forum: Investing - Theory, News & General
Topic: Explaining a Bogle quote
Replies: 18
Views: 1025

Re: Explaining a Bogle quote

He is much more intelligent then me, but there is nothing preventing U.S. government from freezing assets here in the U.S. as well. That is why the lat Harry Browne not only advocated gold and swiss francs BUT for them to be stored out of the country. Please correct me if I am wrong. BTW, I don't th...
by staythecourse
Sat Jun 24, 2017 2:58 pm
Forum: Personal Finance (Not Investing)
Topic: Can we/should we afford a $2M house?
Replies: 45
Views: 5215

Re: Can we/should we afford a $2M house?

Just curious to the folks who answered no what income do they think should be able to afford 2M house value? The OP income is 900-1.2million. That means the house is 2x their annual gross income. Does that mean everyone who said no and makes 100k in gross income lives in houses that are only worth 2...
by staythecourse
Sat Jun 24, 2017 10:06 am
Forum: Personal Consumer Issues
Topic: For Sale By Owner HOUSE- Advice Please
Replies: 26
Views: 2868

Re: For Sale By Owner HOUSE- Advice Please

So, hearing how hot the market was, I put our house on Zillow for a 'make me move' price for $90K more than we paid 2 years ago. I had 5 people request viewings in the first 2 weeks. Last night, we received a full price offer with no inspections, no contingencies, etc. Sounds like you underpriced. ...
by staythecourse
Sat Jun 24, 2017 9:16 am
Forum: Investing - Help with Personal Investments
Topic: Can you share some of your financial goals?
Replies: 34
Views: 2691

Re: Can you share some of your financial goals?

I can tell your 90%+ of folks big financial liabilities (thus the reason to save) comes down to 3: 1. House, 2. College education for kids, and 3. Retirement. The smaller stuff really doesn't matter this way or another. I am including a car as well, i.e 20k this way or not does not matter in the end...
by staythecourse
Sat Jun 24, 2017 7:25 am
Forum: Personal Finance (Not Investing)
Topic: Can we/should we afford a $2M house?
Replies: 45
Views: 5215

Re: Can we/should we afford a $2M house?

We make less then you two and live in a house a bit cheaper then what you are looking for then with NO problems. I don't even notice the change in house expenditures. You can afford it ESPECIALLY If you are going to use the public, i.e. free school system. The only worry is will this a factor that n...
by staythecourse
Fri Jun 23, 2017 2:27 pm
Forum: Personal Consumer Issues
Topic: Aggressive Mortgage Paydown
Replies: 50
Views: 8219

Re: Aggressive Mortgage Paydown

I realize that I could potentially earn more of a return by investing the extra payments in my taxable account, but I really relish the opportunity of owning the home outright. I think I'm on the right track, and I understand that this is a personal decision, but I'm looking for some guidance from ...
by staythecourse
Fri Jun 23, 2017 9:09 am
Forum: Investing - Theory, News & General
Topic: [NY Times: Index fund evangelist is straying From His Gospel]
Replies: 32
Views: 3327

Re: Malkiel is reversing some of his views on passive investing

I would also appreciate that the comments be constructive, meaning please do not discount Malkiel as just another misled adviser. Why we not call into question his ethics. If a someone selling you snake oil profits from you would question that wouldn't you? I think it is VERY reasonable to question...
by staythecourse
Tue Jun 20, 2017 2:40 pm
Forum: Investing - Theory, News & General
Topic: What do BH think of this formula for an early retiree?
Replies: 26
Views: 3039

Re: What do BH think of this formula for an early retiree?

All I can guarantee is that ANY formula will not be precise. Think of how many math folks have attempted this through history and NO ONE has a fool proof one yet. Just pick on that sounds good enough and learn to adapt as you go. It isn't like you have a formula to get from birth to this point in in...
by staythecourse
Tue Jun 20, 2017 10:38 am
Forum: Personal Finance (Not Investing)
Topic: Should I buy an $800k house?
Replies: 89
Views: 5999

Re: Should I buy an $800k house?

If you are planning to have children, will both you and your spouse continue working full time? If not, is the house still affordable on one salary? The plan is for both to continue working. (Our salaries are almost evenly divided.) Seattler123, Seriously, why would you want to buy an 800K house an...
by staythecourse
Mon Jun 19, 2017 7:37 pm
Forum: Investing - Help with Personal Investments
Topic: Church windfall - conservative investment options?
Replies: 22
Views: 1468

Re: Church windfall - conservative investment options?

> Much larger organizations (i.e. major universities), in possession of substantial endowments, tend NOT to be especially conservative. Yeah, and some of them have gotten seriously burned. I am unqualified to have opinions about churches, but my HOA invests in CDs. And even though my own assets are...
by staythecourse
Mon Jun 19, 2017 7:36 pm
Forum: Investing - Help with Personal Investments
Topic: Church windfall - conservative investment options?
Replies: 22
Views: 1468

Re: Church windfall - conservative investment options?

> Much larger organizations (i.e. major universities), in possession of substantial endowments, tend NOT to be especially conservative. Yeah, and some of them have gotten seriously burned. I am unqualified to have opinions about churches, but my HOA invests in CDs. And even though my own assets are...
by staythecourse
Mon Jun 19, 2017 7:34 pm
Forum: Investing - Help with Personal Investments
Topic: A slice and dice question
Replies: 9
Views: 979

Re: A slice and dice question

If your spouse is not knowledgable enough or has no wish to manage the portfolio as is, then that would be a compelling reason to simplify. It also may be that your interest in and ability to manage your portfolio will decline as you age. We have more funds than I'd like right now because of the ne...
by staythecourse
Mon Jun 19, 2017 7:25 pm
Forum: Investing - Help with Personal Investments
Topic: Need to find Loaded Index Funds
Replies: 64
Views: 3496

Re: Need to find Loaded Index Funds

IMO, that's absurd. My recommendation would be to look for a new job where your and your clients' interests are on the same side of the table. Agree. If you KNOW your employer is not looking out for your best interest then why stay. Life is too short and retirement planning is not trivial. Good luck.
by staythecourse
Mon Jun 19, 2017 7:12 pm
Forum: Personal Consumer Issues
Topic: Choosing between two siding contractors
Replies: 8
Views: 624

Re: Choosing between two siding contractors

I would say get one more quote to see if the 16k is high or 11k is too low. Make sure the comps. are truly apples to apples. If nothing stands out then go with no.1. Extra 5k doesn't matter when you are talking about siding which is a lifetime decision. My approach to decision making is if there are...
by staythecourse
Sat Jun 17, 2017 12:14 am
Forum: Personal Finance (Not Investing)
Topic: Siblings in disagreement over mom's house.
Replies: 241
Views: 16221

Re: Siblings in disagreement over mom's house.

Not sure if I missed this, but why hasn't anyone talked to lawyers instead of asking on this board? The legal options will all be determined by how the property is titled, i.e. Joint tenants in common with survivorship rights or not.

Good luck.
by staythecourse
Tue Jun 13, 2017 12:10 pm
Forum: Personal Finance (Not Investing)
Topic: Who takes financial chances and why is this forum so financially conservative?
Replies: 139
Views: 11870

Re: Who takes financial chances and why is this forum so financially conservative?

I do agree with you the board is a little nuts about the "numbers" needed. For a rational bunch of folks they think it is somehow rational to try to eliminate ALL risks. No offense to many great posters on this board, but I see certain personality traits consistent by occupation. For engin...
by staythecourse
Mon Jun 12, 2017 10:16 am
Forum: Personal Consumer Issues
Topic: Have you canceled cable?
Replies: 91
Views: 5430

Re: Have you canceled cable?

Cancelled cable 5-6 years ago and love it. Not sure if I actually love the savings or more the fact I don't feel like they tied me down and am constantly at their mercy of what they want to charge. I hated the feeling that they "owned" me in some fashion. Some combination of: Netflix, hulu...
by staythecourse
Mon Jun 12, 2017 9:30 am
Forum: Personal Finance (Not Investing)
Topic: Advance career or take more time off in late 30s?
Replies: 15
Views: 1772

Re: Advance career or take more time off in late 30s?

MANY more questions that need to be answered that has NOTHING to do with X and O's, like: 1. Where are you with savings? 2. Do you want another kid? 3. How far away is this new job from family and friends? 4. What do you want to do in 10 years professionally and personally? 5. Is selling a house in ...
by staythecourse
Sun Jun 11, 2017 8:27 pm
Forum: Personal Consumer Issues
Topic: College admissions question - she got a "C"
Replies: 100
Views: 7836

Re: College admissions question - she got a "C"

TomatoTomahto wrote:I believe that OP's daughter is intending to apply to college in the US, so perhaps we could restrict ourselves to that scope.


You are correct. Apologize to the OP from stealing the thread.

Good luck.
by staythecourse
Sun Jun 11, 2017 8:09 pm
Forum: Personal Consumer Issues
Topic: College admissions question - she got a "C"
Replies: 100
Views: 7836

Re: College admissions question - she got a "C"

[...]That is the a VERY U.S. centric point of view. You have been brainwashed for so long you don't realize it. There are MANY countries (including the largest population in the world, i.e. India) that has no college.[...] Good luck. Huh?!! Where did THAT come from? What do you mean when you say In...
by staythecourse
Sun Jun 11, 2017 8:07 pm
Forum: Personal Consumer Issues
Topic: College admissions question - she got a "C"
Replies: 100
Views: 7836

Re: College admissions question - she got a "C"

... That is the a VERY U.S. centric point of view. You have been brainwashed for so long you don't realize it. There are MANY countries (including the largest population in the world, i.e. India) that has no college. ... Your assertion is false on its face . PJW Umm no not false. Maybe you should d...
by staythecourse
Sun Jun 11, 2017 11:44 am
Forum: Personal Consumer Issues
Topic: College admissions question - she got a "C"
Replies: 100
Views: 7836

Re: College admissions question - she got a "C"

I graduated in 1991, college in 1995. So maybe my views are outdated. My oldest starts 7th grade this fall. Anyway, I think this board is filled with the sort of successful people we'd like our kids to emulate for the most part, right? I graduated high school with an equal mix of As, B's, and Cs. I...
by staythecourse
Sat Jun 10, 2017 6:04 pm
Forum: Personal Consumer Issues
Topic: Suit for [medical] residency interviews
Replies: 57
Views: 3177

Re: Suit for [medical] residency interviews

And you will use the suit for other adult activities like funerals and weddings. I have had only one suit my entire adult life. This only means 2 things; 1. Your job does not require any need for suits, i.e. meetings, presentations, etc.. This approach is not doable if one has a management level po...
by staythecourse
Sat Jun 10, 2017 4:38 pm
Forum: Personal Consumer Issues
Topic: College admissions question - she got a "C"
Replies: 100
Views: 7836

Re: College admissions question - she got a "C"

What is the purpose of college? It is really to get a good job that makes money so you can support yourself and your future family. That simple. It makes me sad that people think this is the purpose of college (that the purpose of college is not different ultimately than that of a vocational school...
by staythecourse
Sat Jun 10, 2017 4:35 pm
Forum: Personal Consumer Issues
Topic: College admissions question - she got a "C"
Replies: 100
Views: 7836

Re: College admissions question - she got a "C"

What is the purpose of college? It is really to get a good job that makes money so you can support yourself and your future family. That simple. It makes me sad that people think this is the purpose of college (that the purpose of college is not different ultimately than that of a vocational school...
by staythecourse
Sat Jun 10, 2017 11:19 am
Forum: Personal Consumer Issues
Topic: College admissions question - she got a "C"
Replies: 100
Views: 7836

Re: College admissions question - she got a "C"

My kids are nowhere near college so may see things different at that time so take this with a grain of salt. Let's look at this from a different point of view. What is the purpose of college? It is really to get a good job that makes money so you can support yourself and your future family. That sim...
by staythecourse
Fri Jun 09, 2017 2:03 pm
Forum: Investing - Theory, News & General
Topic: Why does S&P PE ratio matter
Replies: 30
Views: 1482

Re: Why does S&P PE ratio matter

Apologize if this has been mentioned already as I have not read the comments. I agree with the OP. I see no value in this metric. Vanguard's own paper showed PE1 and PE10 had poor correlation to predicting stock movements (Something like 0.37 and 0.41). It did show high R2 at the two extremes, i.e. ...
by staythecourse
Fri Jun 09, 2017 1:50 pm
Forum: Personal Consumer Issues
Topic: New Construction Buying Advice
Replies: 24
Views: 1589

Re: New Construction Buying Advice

The single most important thing is the reputation of the builder. You can, and should. write everything you want in the contract AND visit every day AND ask a bunch of questions AND have everything documented, but in the end you are not a builder, you are not an expert, and you may not know if somet...
by staythecourse
Thu Jun 08, 2017 10:51 am
Forum: Investing - Theory, News & General
Topic: Chicagoan, 98, donates Walgreen stock bought decades ago.
Replies: 20
Views: 2945

Re: Chicagoan, 98, donates Walgreen stock bought decades ago.

Okay I think I have my new man crush. That is such an awesome story. It would seem he is a truly wealthy man even without his wealth. Good luck. p.s. He must have saved quite a bit as an educated man to retire at 45 and expecting to live to 70. p.s.s. I am always amazed how the Great Depression affe...
by staythecourse
Wed Jun 07, 2017 7:27 pm
Forum: Personal Consumer Issues
Topic: My Wife is having our 5th child. What is an appropriately extravagant push gift?
Replies: 90
Views: 6896

Re: My Wife is having our 5th child. What is an appropriately extravagant push gift?

I'm proud and maybe should be ashamed to say I refused to buy my wife NO push present. The gift is a new baby and anything material acts attached to it seemed to cheapen it. BTW, my first was done by via c-section by the OB so my argument there was shouldn't I be buying the push present to the OB? S...
by staythecourse
Tue Jun 06, 2017 7:24 pm
Forum: Investing - Theory, News & General
Topic: Manifesting Your Riches?
Replies: 20
Views: 1907

Re: Manifesting Your Riches?

DomDangelina wrote:As you know, certain modern books have resurrected and vulgarized certain gnostic doctrines.


The more I read this site the more I realize I need to improve my vocabulary. I didn't understand half that sentence. :D

Good luck.
by staythecourse
Tue Jun 06, 2017 4:27 pm
Forum: Personal Consumer Issues
Topic: Suit for [medical] residency interviews
Replies: 57
Views: 3177

Re: Suit for residency interviews

Doctor here. Doesn't really matter. Just don't stand out, i.e. attract attention. You will soon learn doctors and healthcare folks in hospitals are NOT the most fashion forward. Private practice may or may not be different, but hospital folks are not. You will be judged based on your qualifications ...
by staythecourse
Tue Jun 06, 2017 9:20 am
Forum: Personal Consumer Issues
Topic: Source for Finding and Understanding Medical Billing Codes
Replies: 8
Views: 565

Re: Source for Finding and Understanding Medical Billing Codes

As usual, the government resource is unhelpful and burdensome. I use http://www.codingtoday.com for coding. As usual, this efficient and simple resource costs money, as it should. If your surgeon is in-network and expects to be paid by insurance, the surgeon will (should) pre-authorize your surgery...
by staythecourse
Tue Jun 06, 2017 9:08 am
Forum: Personal Finance (Not Investing)
Topic: Boglehead Board Game!!
Replies: 31
Views: 2230

Re: Boglehead Board Game!!

Actually this sounds like a fantastic idea. What better way to teach boglehead/ good financial habits to young children. We always have posts on how to teach kids good financial habits. This would be a great start. Hopefully, someone will take this serious and make one (under the approval of the bog...
by staythecourse
Sun Jun 04, 2017 5:47 pm
Forum: Investing - Help with Personal Investments
Topic: Dealing with diversification risks
Replies: 4
Views: 538

Re: Dealing with diversification risks

Okay first step is some reading. Your breakdown of assets show you have no clue what asset classes are. If you don't know that then how could you know if you are diversified or not? Here is a freebie on asset classes: There are 4. Stocks, bonds, cash, and alternative investments. Of course, there ar...
by staythecourse
Sun Jun 04, 2017 8:46 am
Forum: Personal Finance (Not Investing)
Topic: Chicago Real Estate
Replies: 24
Views: 2424

Re: Chicago Real Estate

That being said, there are definitely HOT markets i.e. The West Loop. Nope. I grew up in and around Chicago and lived here for last 10 years. West Loop has been "predicted" and sold as a bill of goods as the next big thing. it NEVER has materialized any more then any other area of young p...
by staythecourse
Sat Jun 03, 2017 8:11 pm
Forum: Investing - Help with Personal Investments
Topic: WHAT!? Us! Double comma! Can I pull back?
Replies: 27
Views: 3917

Re: WHAT!? Us! Double comma! Can I pull back?

Another thing to keep in mind is that pensions are becoming as rare as the dodo bird. ERISA protects your accrued benefits but it doesn't cover projected future benefits. Defined benefit plans gain most of their value in the last 10 years or so before retirement since they usually involve a fixed p...
by staythecourse
Sat Jun 03, 2017 5:51 pm
Forum: Investing - Theory, News & General
Topic: Everything keeps going up, this feels too easy?
Replies: 113
Views: 8622

Re: Everything keeps going up, this feels too easy?

Why does it matter if the market is down, up, or sideways. I think too many folks on here are calculating their portfolio values and dreaming of living it up in retirement way too often. If you don't need the money until x years who cares if it is up by 50% or down by 50%? The reason you came with a...
by staythecourse
Sat Jun 03, 2017 5:39 pm
Forum: Personal Finance (Not Investing)
Topic: Chicago Real Estate
Replies: 24
Views: 2424

Re: Chicago Real Estate

ANY real estate when it comes to "investing" is "finicky". The reason is it is really called speculation. No different then collecting comic books and baseball cards and hoping to make money in the future. My advice, if you have to ask on an internet forum if one should invest mo...
by staythecourse
Sat Jun 03, 2017 5:31 pm
Forum: Investing - Help with Personal Investments
Topic: WHAT!? Us! Double comma! Can I pull back?
Replies: 27
Views: 3917

Re: WHAT!? Us! Double comma! Can I pull back?

This will surely cause a firestorm of discussion, but I don't think it is wise to use your home equity in your analysis. It isn't like you are going to sell and know exactly the amount of profit. Even if you did then you would have to apply some of that money back into renting a place for the rest o...

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