Search found 563 matches

by StormShadow
Thu Jul 19, 2018 11:35 am
Forum: Personal Consumer Issues
Topic: Watch Collection Reasonable or Unreasonable or Irresponsible?
Replies: 100
Views: 3901

Re: Watch Collection Reasonable or Unreasonable or Irresponsible?

I have a wrist Watch collection valued at conservatively $80,000... Looking for opinions on if this is out of balance or workable? I think that is a lot of money spent on watches. But I own a Rolex and am contemplating spending $60k on a BMW, so what do I know. Only reason I haven't bought the BMW ...
by StormShadow
Fri Jul 13, 2018 11:46 am
Forum: Personal Consumer Issues
Topic: Buying Used Honda/Toyota -- How old is too old?
Replies: 16
Views: 1164

Re: Buying Used Honda/Toyota -- How old is too old?

We want to buy either a used CR-V or RAV4 for our teen to commute to school (30 minutes each way on highway). We want something safe/reliable but want to send the message that it's no frills transportation (e.g. a few steps up from a "beater"). We'd prefer to spend under $10K which would get us som...
by StormShadow
Thu Jul 12, 2018 8:25 am
Forum: Investing - Help with Personal Investments
Topic: Self Employed 48years old and nothing saved for retirement
Replies: 40
Views: 4761

Re: Self Employed 48years old and nothing saved for retirement

I'd give up on the house, rent and use the savings for your house purchase to jump start your retirement.

Spend less, save more.

Roth IRA and solo 401k with self-matching.
by StormShadow
Sat Jul 07, 2018 11:15 am
Forum: Investing - Help with Personal Investments
Topic: Gold and silver in portfolio
Replies: 2
Views: 332

Re: Gold and silver in portfolio

From a strictly investing standpoint, no its not wise to add gold/silver into your portfolio. Its a commodity. On a day-to-day/month-to-month basis its pure speculation. At best, it is a hedge against inflation. You shouldn't expect any long term growth from it. That all said, I do own a few gold an...
by StormShadow
Fri Jul 06, 2018 12:37 pm
Forum: Investing - Help with Personal Investments
Topic: Roll over old 401k to Vanguard?
Replies: 6
Views: 423

Re: Roll over old 401k to Vanguard?

I am struggling to understand why you are willing to transfer out of a no-fee 401k unless the investment options are terrible. One of the cardinal rules is to keep the fees as low as possible. Simplicity. If he drops dead tomorrow, it'll make it easier for his family to consolidate his assets. Not ...
by StormShadow
Fri Jul 06, 2018 11:03 am
Forum: Investing - Help with Personal Investments
Topic: Helping Parents. Just Moved to VG
Replies: 15
Views: 930

Re: Helping Parents. Just Moved to VG

Vanguard lifecycle for 2020 retirement (VTWNX): Vanguard Total Stock Market Index Fund Investor Shares 32.80% Vanguard Total Bond Market II Index Fund Investor Shares 28.90% Vanguard Total International Stock Index Fund Investor Shares 21.20% Vanguard Total International Bond Index Fund Investor Sha...
by StormShadow
Fri Jul 06, 2018 10:57 am
Forum: Investing - Theory, News & General
Topic: Morningstar: prepare for a lost decade for U.S. stocks
Replies: 198
Views: 18087

Re: Morningstar: prepare for a lost decade for U.S. stocks

So..... be greedy when others are fearful? :beer :beer :beer
by StormShadow
Tue Jul 03, 2018 11:58 am
Forum: Investing - Help with Personal Investments
Topic: What’s your plan for a market downturn?
Replies: 114
Views: 9514

Re: What’s your plan for a market downturn?

What I hope to do?
- Rebalance aggressively into stocks.

What I probably will do?
- Turn off the news.
- Focus on work and contribute to my retirement plan as before.
- Pay down debts.
- Check into Bogleheads more frequently.
by StormShadow
Sun Jun 24, 2018 12:03 am
Forum: Personal Finance (Not Investing)
Topic: Podcasts on money management and investing basics
Replies: 22
Views: 1341

Re: Podcasts on money management and investing basics

Off the top of my head: Money Girl, Dave Ramsey and Vanguard (they had several running). There are a lot of them. I find that they can get a little repetitive and boring... which is what good investing should be. Or you could just point her here. Personally, I enjoy listening to Planet Money and Fre...
by StormShadow
Fri Jun 22, 2018 2:11 pm
Forum: Personal Consumer Issues
Topic: how to make friends in new location?
Replies: 96
Views: 8416

Re: how to make friends in new location?

Moving to a new city 6 hours away. Worried about making friends for wife. I am half man half monk. Can do without others because I have wife but she is not like this. She loves things like bocce, and indoor heated pool swimming. she found those two activities here. They tend to be an older crowd wh...
by StormShadow
Wed Jun 20, 2018 3:27 pm
Forum: Personal Finance (Not Investing)
Topic: Is the first 100k really the hardest?
Replies: 156
Views: 42927

Re: Is the first 100k really the hardest?

The first 100k came pretty quickly once I started working with a 401k. But I'm finding that first $1 million to be pretty friggin hard to get to. I'm not even a third of the way there, so it feels like an unreachable goal. :-( I'm constantly tempted to just blow my money on that luxury car I've alwa...
by StormShadow
Mon Jun 18, 2018 4:16 pm
Forum: Personal Consumer Issues
Topic: Best watch for around $5,000?
Replies: 1115
Views: 271088

Re: Best watch for around $5,000?

Image
Or a Rolex :beer
by StormShadow
Sun Jun 17, 2018 10:43 pm
Forum: Investing - Theory, News & General
Topic: Bitcoin Price Manipulation
Replies: 45
Views: 5286

Re: Bitcoin Price Manipulation

Sounds like a post from Dec 2017. We had the bubble talk a few times here. If you haven't got the memo: the bubble popped already and everybody was happy to be right. Now you say it's a bubble, leaving me confused. It's STILL a bubble. Bubbles can have more than one peak, you know. https://cdn-imag...
by StormShadow
Sun Jun 17, 2018 10:05 pm
Forum: Personal Consumer Issues
Topic: Which Supermarket are you?
Replies: 155
Views: 8406

Re: Which Supermarket are you?

I use the local supermarket. Never bought into the organic hogwash.

Plus, using my local supermarket gets me a small discount on gasoline.
by StormShadow
Sun Jun 17, 2018 10:01 pm
Forum: Investing - Theory, News & General
Topic: Very confused with the current market
Replies: 93
Views: 8743

Re: Very confused with the current market

- It has been history higher and higher. - the fundamental law says it will recycle every 10 years - I had been on cash for 10 months Please don't tell me I should not time the market. What's going wrong? What's wrong is you're timing the market. There's always going to be a highest ever SP500/DowJ...
by StormShadow
Sat Jun 16, 2018 1:15 am
Forum: Investing - Theory, News & General
Topic: Bitcoin Price Manipulation
Replies: 45
Views: 5286

Re: Bitcoin Price Manipulation

supaflix wrote:
Fri Jun 15, 2018 11:51 pm
Bitcoin is many things...
And one of those things is a bubble.

That's all I need to know about bitcoin. No thanks.
by StormShadow
Mon Jun 04, 2018 7:34 pm
Forum: Investing - Help with Personal Investments
Topic: Moving from EJ to Vanguard
Replies: 22
Views: 2279

Re: Moving from EJ to Vanguard

Me, I'd lump sum. Time in the market usually beats out timing the market. But do whatever you feel comfortable with.

Like many bogleheads I choose Vanguard and have been more than happy with the results so far.

G'luck! :beer
by StormShadow
Sat Jun 02, 2018 8:57 pm
Forum: Personal Consumer Issues
Topic: Switch between physicians in the same practice?
Replies: 40
Views: 3216

Re: Switch between physicians in the same practice?

I was searching the internet for a surgeon near me and found a very experienced physician with excellent reviews. Called the clinic and made an appointment. At the appointment I was attended by a different physician, seem to be very nice and knowledgeable, but much younger. When I got home, I searc...
by StormShadow
Tue May 15, 2018 2:50 pm
Forum: Local Chapters and Bogleheads Community
Topic: Yes, I'm 89 all right! [Jack Bogle]
Replies: 126
Views: 10506

Re: Yes, I'm 89 all right!

Happy Birthday, Mr. Bogle! :mrgreen:
by StormShadow
Tue May 01, 2018 11:55 am
Forum: Investing - Help with Personal Investments
Topic: Schwab Vs Fidelity Vs Vanguard
Replies: 57
Views: 8774

Re: Schwab Vs Fidelity Vs Vanguard

Not that I expect Fido or Schwab to do everything they can to take your money from you. They seem to have reputations for some restraint. But it seems much safer to trust Vanguard. +1 Vanguard has a great track record. I'm sure you can save a few more cents going elsewhere, but I place value with t...
by StormShadow
Fri Apr 13, 2018 12:06 am
Forum: Investing - Help with Personal Investments
Topic: Crazy to start 529 without kids??
Replies: 49
Views: 3920

Re: Crazy to start 529 without kids??

No, I would invest in taxable account in very tax efficient index funds. Much more flexible and if life becomes more clear then you could fund 529s. +1 I'd hold off the 529 until you have kids. Frankly, if I were you I'd park it all into a high yield savings account and read up on investing before ...
by StormShadow
Tue Mar 27, 2018 11:31 am
Forum: Personal Finance (Not Investing)
Topic: Taking out a loan to re-pay 401k loan?
Replies: 33
Views: 1868

Re: Taking out a loan to re-pay 401k loan?

The other argument against taking 401k loan is that you would forgo the investment gain on the loan amount but the gain is not for sure and the loan would allow you to lock in a 3.25% safe return rate. I don't know if I'd call it a safe return rate, because you're paying for it. Its more like a man...
by StormShadow
Mon Mar 26, 2018 6:08 pm
Forum: Personal Finance (Not Investing)
Topic: Taking out a loan to re-pay 401k loan?
Replies: 33
Views: 1868

Re: Taking out a loan to re-pay 401k loan?

I had taken out a 50k 401k loan a few years ago to finance a house. I'm happy with the decision and house has appreciated during that time, I've gotten to live here and enjoy it this whole time, and the interest on the loan is relatively low 3.25%. ...... On the other hand, the terms are nice, albe...
by StormShadow
Sat Mar 24, 2018 11:59 pm
Forum: Investing - Theory, News & General
Topic: Invests money, 3 days later the market tanks.
Replies: 58
Views: 7663

Re: Invests money, 3 days later the market tanks.

The stock market tanks on 3-23-18 and I lose $3,500. Why did you sell out at 3/23/2018? If you did, then that was dumb and that is why you shouldn't try to time the market. Or you didn't sell out and just the value of all of the investments went down by $3500 (which I suspect is the case)... if so,...
by StormShadow
Wed Mar 21, 2018 11:45 pm
Forum: Investing - Help with Personal Investments
Topic: My 1st portfolio questions
Replies: 14
Views: 1186

Re: My 1st portfolio questions

What I'd do: 1. Pay off the car. 2. Finish out your emergency fund. 3. Contribute to 401k to the match (if available). Put it into the lowest ER without loads (looks like RGAEX). 4. Max out your IRA. 5. Max out your remaining 401k (again, I'd put it ALL into the fund with the lowest ER). Adjust your...
by StormShadow
Wed Mar 21, 2018 11:22 pm
Forum: Personal Finance (Not Investing)
Topic: Another reason to steer clear of Bitcoin. As if we need another reason...
Replies: 47
Views: 6589

Re: Another reason to steer clear of Bitcoin. As if we need another reason...

Sorry, thought I would chime in. Anyone wishing to truly understand crypto-currencies, and more importantly 'blockchain' technology -- I would encourage to do so. Many feared the internet when it was created, but that never stopped it's progression. No one is asking people to invest in 'crypto-curr...
by StormShadow
Wed Mar 21, 2018 3:31 pm
Forum: Personal Finance (Not Investing)
Topic: Buying vs renting - really tough decision to make
Replies: 64
Views: 4890

Re: Buying vs renting - really tough decision to make

No brainer. Rent. Invest the rest.

I'd consider renting even after marriage now that the standard deduction is so high. Once you have a couple kids and need to think about schools, then buy a house.
by StormShadow
Mon Mar 19, 2018 2:31 pm
Forum: Personal Consumer Issues
Topic: 2018 Forester vs CRV vs RAV4
Replies: 130
Views: 14248

Re: 2018 Forester vs CRV vs RAV4

(3) 2018 Toyota RAV4 XLE FWD with "Power Plus" or "Power Premium" package We have an older model Rav4. Ours was the last year they had a V6 engine, which is pretty quick. The car is a tank and fun to drive especially for an SUV. My gas mileage isn't as good as the newer models. I have friends that ...
by StormShadow
Thu Mar 01, 2018 7:24 pm
Forum: Investing - Theory, News & General
Topic: How does one emotionally keep it together during market swings?
Replies: 111
Views: 9077

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

GrayS26 wrote:
Sun Feb 11, 2018 3:59 pm
How does one emotionally keep it together during market swings?
I watch Netflix.
by StormShadow
Tue Feb 27, 2018 5:27 pm
Forum: Personal Consumer Issues
Topic: Dealership oil change worth it?
Replies: 69
Views: 5421

Re: Dealership oil change worth it?

Time to take my car for an oil change. I compared prices and Honda usually charges more when compared to local mechanics. I was wondering if there is any benefit in getting it done at Honda vs going for the cheaper option. I don't have the time to do it myself so that is not an option. If its cover...
by StormShadow
Tue Feb 27, 2018 5:21 pm
Forum: Investing - Theory, News & General
Topic: Blasphemy... DO PEEK!
Replies: 100
Views: 9952

Re: Blasphemy... DO PEEK!

I propose a different approach. If you are armed with knowledge and logic, daily swings in the market will not phase you. More importantly, I believe that growing accustomed to the daily swings in the market will harden you for more robust corrections in the future . I suspect that most people woul...
by StormShadow
Tue Feb 27, 2018 3:33 pm
Forum: Personal Finance (Not Investing)
Topic: paying for child's college tuition - does it count towards the limit for gift tax?
Replies: 40
Views: 3112

Re: paying for child's college tuition - does it count towards the limit for gift tax?

No, it does not. The gift tax does not apply to an amount you paid on behalf of an individual to a qualifying domestic or foreign educational organization as tuition for the education or training of the individual. Yes it does, unless it’s paid directly to the institution. Gill No, it does not. Pay...
by StormShadow
Mon Feb 19, 2018 5:25 pm
Forum: Personal Consumer Issues
Topic: Do you wear a wedding band? [at a job interview]
Replies: 157
Views: 10568

Re: Do you wear a wedding band? [at a job interview]

I have a really nice platinum band, but as the years have gone by I've gotten a little... er... plump. So the ring is pretty uncomfortable.

But I do wear it for certain events like weddings or other dressy gatherings which includes any job interview.
by StormShadow
Fri Feb 16, 2018 12:20 pm
Forum: Personal Consumer Issues
Topic: Honda vs. Toyota: Which has more bang for the buck?
Replies: 119
Views: 11489

Re: Honda vs. Toyota: Which has more bang for the buck?

Thanks for all the replies! I ended up buying a new Camry SE last night that I will pick up today. They gave me a good deal I think - about $2500 off of MSRP and a higher than expected trade-in value for my 14 year old car, so I was out of there for less than 20k. I love the car - very nice smooth ...
by StormShadow
Fri Feb 16, 2018 12:13 pm
Forum: Personal Consumer Issues
Topic: Honda vs. Toyota: Which has more bang for the buck?
Replies: 119
Views: 11489

Re: Honda vs. Toyota: Which has more bang for the buck?

My Honda Element is going on 14 and I'm researching car replacements. My last three cars have been Hondas, but I learned to drive in a Toyota and know they are good cars. I was going to go with a Civic, Accord or CRV, but have been reading about the stellar safety features in Toyotas - even the low...
by StormShadow
Tue Feb 06, 2018 12:12 pm
Forum: Investing - Help with Personal Investments
Topic: Buy Low, Don't Sell
Replies: 38
Views: 5776

Re: Buy Low, Don't Sell

Like most folks here, I already dollar-cost-average through my employer retirement plan (401k/403b). But for those that haven't yet bought their IRA, now strikes me as a very good time to buy up for 2018. I'm maxing out the $11,000 for 2018 IRA contributions this week for me and DW. Some mix between...
by StormShadow
Sat Feb 03, 2018 4:22 am
Forum: Investing - Help with Personal Investments
Topic: Finally going to invest, brother is FA
Replies: 89
Views: 7115

Re: Finally going to invest, brother is FA

Just opened an account with Vanguard. I will be starting Roth IRA's for both my wife and I, and I'm thinking about fully funding them for 2017 and 2018 now, with the market down today. I'm thinking about keeping it simple with a 60-30-10 U.S, International, and bond indexes. Think this is a good st...
by StormShadow
Sat Feb 03, 2018 4:11 am
Forum: Investing - Theory, News & General
Topic: Alan Greenspan says there are bubbles in both stocks and bonds
Replies: 87
Views: 8678

Re: Alan Greenspan says there are bubbles in both stocks and bonds

Not as much of a bubble as Bitcoin.

So there's risk in stocks, bonds and every other investment. Shocker.
by StormShadow
Sat Feb 03, 2018 4:07 am
Forum: Forum Issues and Administration
Topic: Fewer acronyms please
Replies: 119
Views: 9788

Re: Fewer acronyms please

alexander29 wrote:
Thu Feb 01, 2018 7:20 pm
For those of us on the slower side, spell it out!
No.

Look 'em up. Its not hard.

Welcome to Bogleheads.
by StormShadow
Thu Feb 01, 2018 11:05 pm
Forum: Investing - Help with Personal Investments
Topic: Does anyone own gold?
Replies: 25
Views: 2443

Re: Does anyone own gold?

I have a few silver and gold coins. It doesn't make up 5% (maybe close to 1%) and I don't recommend it as an investment.

But I'd MUCH rather have gold than bitcoin. :mrgreen:
by StormShadow
Thu Feb 01, 2018 10:50 pm
Forum: Personal Consumer Issues
Topic: [What TV Show Have You Recently Watched?]
Replies: 719
Views: 78242

Re: Netflix, Your Current Favorite Show

I just finished Season 2 of Better Call Saul , which is the latest available on Netflix. A quick google search suggests that Season 3 will show up on Netflix a few weeks before Season 4 is released on AMC. Hopefully, that will occur around the end of March. Loved Season 2. But I'm finding Season 3....
by StormShadow
Thu Feb 01, 2018 10:31 pm
Forum: Personal Finance (Not Investing)
Topic: How risky is Med school student loan debt?
Replies: 151
Views: 10696

Re: How risky is Med school student loan debt?

100% disagree on medschool being the most difficult time. Residency is the most difficult time in life. Sure studying was nerve wracking but being an intern in the middle of the night and figuring out whether to intubate someone or not was my hardest moment. Having life and death in my hands change...
by StormShadow
Thu Feb 01, 2018 9:50 pm
Forum: Personal Finance (Not Investing)
Topic: How risky is Med school student loan debt?
Replies: 151
Views: 10696

Re: How risky is Med school student loan debt?

http://notadoctorjustamd.blogspot.com/2 ... m.html?m=1 https://www.thestar.com/news/canada/201 ... grads.html Those scenarios, fortunately, are rare. The closest I've seen to this is a mediocre-ish med student aiming for a super competitive specialty, and not willing to compromise... before realizi...
by StormShadow
Thu Feb 01, 2018 2:44 pm
Forum: Investing - Help with Personal Investments
Topic: I have an overwhelming gift I'm in need of help of please.
Replies: 89
Views: 8642

Re: I have an overwhelming gift I'm in need of help of please.

Stop. Breathe. Breathe again. Deeply. You are writing as if you need to take action immediately. Why not transfer the money to a brokerage, and let it sit in cash for a bit (I believe Vanguard and Schwab have relatively decent cash options). That gives you time to make a good plan. This. If I were ...
by StormShadow
Fri Jan 26, 2018 2:30 pm
Forum: Personal Consumer Issues
Topic: Still using a 5 year old iphone 5. Who's with me? No new phones!!!
Replies: 151
Views: 9864

Re: Still using a 5 year old iphone 5. Who's with me? No new phones!!!

I'm still using a 5 year old iphone 5. I see no need to upgrade! Just put on a battery case from Amazon that allows me to use the phone all day without recharging. Who's with me? No new phones!!! I have a 5s. Its a tank. Still running strong, although the battery life seems to be getting shorter. I...
by StormShadow
Sun Jan 14, 2018 3:51 pm
Forum: Investing - Help with Personal Investments
Topic: Daughter Med School Money 100K where to Put it
Replies: 22
Views: 2545

Re: Daughter Med School Money 100K where to Put it

If her GPA is 3.0- go ahead and spend it. What is the logic behind this? What makes you think her GPA is "3.0-"? She finished college a year early, so a sub-3.0 GPA sounds unlikely. Or was this supposed to be a tongue-in-cheek comment? If so, I don't find it very funny. Anyhow, as someone who also ...
by StormShadow
Sat Jan 13, 2018 10:04 pm
Forum: Investing - Help with Personal Investments
Topic: REIT or No REIT
Replies: 98
Views: 13146

Re: REIT or No REIT

I'm helping my brother with his long term investing. He does not have access to a tax-advantaged account at the moment. Perhaps in 2-3 years but still uncertain. The allocation I would like for him is: 80% Stocks (US, Dev-Ex US, EM) 10% Reits (US, International) 10% US long term bonds The Question ...
by StormShadow
Sat Jan 13, 2018 8:43 pm
Forum: Personal Finance (Not Investing)
Topic: why do banks bother offering lousy CD rates?
Replies: 50
Views: 6054

Re: why do banks bother offering lousy CD rates?

Very hard for them to understand the concept that the B&M bank was making a killing off of them. That is my concern too -- that they are actually preying on those that aren't paying attention. Preying on them? That's a little harsh. I mean, the unauthorized Wells Fargo accounts is one thing... but ...
by StormShadow
Sat Jan 13, 2018 2:10 pm
Forum: Investing - Help with Personal Investments
Topic: Where to Invest Emergency Fund
Replies: 11
Views: 1408

Re: Where to Invest Emergency Fund

Before you disagree with the theory of investing the emergency fund, read here: https://www.betterment.com/resources/personal-finance/safety-net-funds-why-traditional-advice-is-wrong/ Given what I've said, let me know where you'd put it (either my top 2 choices, the 6 funds I initially considered, ...