Search found 1064 matches

by Tycoon
Wed Nov 22, 2017 10:09 am
Forum: Investing - Help with Personal Investments
Topic: Interesting ride so far - Crypto-curriencies
Replies: 20
Views: 727

Re: Interesting ride so far - Crypto-curriencies

My only thoughts are:

This will not end well.
I hope you are young.

Good luck.
by Tycoon
Wed Nov 22, 2017 9:08 am
Forum: Investing - Help with Personal Investments
Topic: Vanguard on 2018
Replies: 10
Views: 1731

Re: Vanguard on 2018

rkhusky wrote:
Wed Nov 22, 2017 8:58 am
YTD: Total Stock Market +18%, Total International +25%
1-Year: Total Stock Market +24%, Total International +24%

Anyone who predicted muted returns for 2017 was way off.
Very telling. Predictions are hard.
by Tycoon
Tue Nov 21, 2017 8:50 am
Forum: Investing - Help with Personal Investments
Topic: Are you your own worse enemy when it comes to investing?
Replies: 34
Views: 2165

Re: Are you your own worse enemy when it comes to investing?

Are most of the problems we face as investors real or fabrications we create to justify the way we want to invest. I have no objective evidence, but I'd be willing to bet that 99% of investors suffer from this crippling problem. I submit all the "crash is coming", "flee to cash", "bonds are dangero...
by Tycoon
Sun Nov 19, 2017 7:53 pm
Forum: Personal Finance (Not Investing)
Topic: The valet smashed my Tesla into a brick wall!
Replies: 102
Views: 10620

Re: The valet smashed my Tesla into a brick wall!

For giggles I did a search for "Tesla crashes into building". Apparently it's not uncommon. That car needs collision avoidance radar. :P
by Tycoon
Sun Nov 19, 2017 5:44 pm
Forum: Personal Finance (Not Investing)
Topic: Dave Ramsey says don't use credit cards, even if you pay them off
Replies: 221
Views: 12840

Re: Dave Ramsey says don't use credit cards, even if you pay them off

I disagree with Mr. Ramsey. I use cash and credit cards. Using either has the same effect on me - I don't like it.
by Tycoon
Sat Nov 18, 2017 10:13 pm
Forum: Personal Finance (Not Investing)
Topic: What we don't know
Replies: 42
Views: 2777

Re: What we don't know

I know that investing has been really easy. By far the most effortless thing I've ever done to earn money.
by Tycoon
Sat Nov 18, 2017 12:14 pm
Forum: Investing - Theory, News & General
Topic: Is holding bonds now dangerous?
Replies: 134
Views: 9970

Re: Is holding bonds now dangerous?

Respectfully, I disagree. That is ok, almost everyone in this thread disagrees with me :). But why? Why is holding bonds for the next 10-20 years to prepare for retirement a good thing? Quite simply because I haven't a clue what bonds, or equities, will do over the next 10-20 years; and holding cas...
by Tycoon
Sat Nov 18, 2017 12:05 pm
Forum: Investing - Theory, News & General
Topic: Is holding bonds now dangerous?
Replies: 134
Views: 9970

Re: Is holding bonds now dangerous?

UncleLongHair wrote:
Sat Nov 18, 2017 11:54 am
But if you're going to retire in 10-20 years and want to keep your retirement funds "safe" by putting 25-50% of them in bonds I think that will be a big mistake because that portion of your portfolio is going to lose money.
Respectfully, I disagree.
by Tycoon
Sat Nov 18, 2017 8:21 am
Forum: Investing - Theory, News & General
Topic: Is holding bonds now dangerous?
Replies: 134
Views: 9970

Re: Is holding bonds now dangerous?

I guess it depends on which bonds one is holding. Argentina bonds? I might consider those risky.
by Tycoon
Tue Nov 14, 2017 7:14 pm
Forum: Investing - Theory, News & General
Topic: GE and the myth of "safe blue-chip stocks"
Replies: 73
Views: 7318

Re: GE and the myth of "safe blue-chip stocks"

Air plane engine, healthcare, power genenator. That's the backbone of US economy. We can live without facebook, amazon, apple but can't live without GE. Slim down and sell off other business. It will take time to turn the big shp around. It's a long term play. Other companies do all of those things...
by Tycoon
Sun Nov 12, 2017 2:42 pm
Forum: Investing - Theory, News & General
Topic: Are we headed for a crash or...
Replies: 19
Views: 1828

Re: Are we headed for a crash or...

It is reminiscent of the cycles, super-cycles, Kitchin cycles stuff... In one of my favourite representations, there are supposedly four separate 16 year cycles (corresponding to four successive Presidential terms referenced as economic spring, summer, winter and fall) that make up the larger 64 ye...
by Tycoon
Sun Nov 12, 2017 9:10 am
Forum: Personal Consumer Issues
Topic: Unnecessary Corporate Meetings
Replies: 25
Views: 1886

Re: Unnecessary Corporate Meetings

I spend many hours of my workweek in unnecessary meetings. To use the time effectively I meditate about retirement. I often calculate hours left to retirement during meetings, as I find this more productive. Edited to add: When I was younger I used to like to draw. Maybe I'll start working on my dra...
by Tycoon
Sat Nov 11, 2017 3:18 pm
Forum: Personal Consumer Issues
Topic: Got an iPhoneX
Replies: 157
Views: 11014

Re: Got an iPhoneX

Everyone talk for months about this phones, stay up at night to order It online, line up at the shop, spend $1000, end then....It's just a phone, it does not change your life....I really don't get it! Whoa there cowboy... that's crazy talk. How could you possibly live a complete life without a smar...
by Tycoon
Sat Nov 11, 2017 3:14 pm
Forum: Investing - Theory, News & General
Topic: Should you own only non-U.S. stocks?
Replies: 63
Views: 6168

Re: Should you own only non-U.S. stocks?

No, I shouldn't own only non-U.S. stocks.
by Tycoon
Fri Nov 10, 2017 5:06 pm
Forum: Personal Finance (Not Investing)
Topic: FAFSA EFC number shock! [Expected Family Contribution]
Replies: 39
Views: 4096

Re: FAFSA EFC number shock!

Yep, that looks about right.
by Tycoon
Thu Nov 09, 2017 7:54 pm
Forum: Personal Consumer Issues
Topic: Bicycle wheels - what's a reasonable budget
Replies: 39
Views: 1812

Re: Bicycle wheels - what's a reasonable budget

Shimano Ultegra WH-6800 Tubeless Clincher Wheelset @ biketiresdirect $326.75 shipped to your door.
by Tycoon
Sun Nov 05, 2017 5:17 pm
Forum: Personal Consumer Issues
Topic: Got an iPhoneX
Replies: 157
Views: 11014

Re: Got an iPhoneX

Everyone talk for months about this phones, stay up at night to order It online, line up at the shop, spend $1000, end then....It's just a phone, it does not change your life....I really don't get it! Whoa there cowboy... that's crazy talk. How could you possibly live a complete life without a smar...
by Tycoon
Sat Nov 04, 2017 9:16 pm
Forum: Investing - Help with Personal Investments
Topic: PRIMECAP Fund
Replies: 63
Views: 2767

Re: PRIMECAP Fund

We've owned it for over 20 years. It's grown so large the capital gains are ridiculous! I'll have to quit working just to sell portions of it over time.
by Tycoon
Wed Nov 01, 2017 4:50 pm
Forum: Personal Consumer Issues
Topic: To take or not to take delivery of Tesla 3
Replies: 292
Views: 19981

Re: To take or not to take delivery of Tesla 3

Well, my niece just purchased out the door (in VA) a brand spanking new VW Jetta for ARE YOU READY ARE YOU READY $12.5K Aren't you now unhappy about your $19.5 Civic purchase? :twisted: The rest of the story? Did she trade her 2 year old Civic? Agree to work part time for the dealer? Hard to figure...
by Tycoon
Sun Oct 29, 2017 9:05 pm
Forum: Personal Consumer Issues
Topic: To take or not to take delivery of Tesla 3
Replies: 292
Views: 19981

Re: To take or not to take delivery of Tesla 3

Returned recently from a multi-state motorcycle camping trip starting in Calif and heading thru NV, UT, CO, NM, and AZ before returning. Once we got East of Palmdale, CA we saw no Tesla's, no German cars other than a few VWs, no Mazdas, no Jags, Land Rovers, Range Rovers, or other high end cars. Pr...
by Tycoon
Sat Oct 28, 2017 6:28 pm
Forum: Personal Finance (Not Investing)
Topic: What was the main reason you retired?
Replies: 210
Views: 15107

Re: What was the main reason you retired?

I'm not retired yet, but I will shortly. Reasons 1, 4, 5, 7, 8, 9, and more.
by Tycoon
Sat Oct 28, 2017 8:36 am
Forum: Personal Finance (Not Investing)
Topic: Selecting pension payout option
Replies: 15
Views: 1323

Re: Selecting pension payout option

Muri wrote:
Sat Oct 28, 2017 6:59 am
The 1000% option...
Take this option! :shock:
by Tycoon
Sat Oct 21, 2017 7:47 pm
Forum: Investing - Help with Personal Investments
Topic: Link to Peter Bernstein the 60/40 solution full article
Replies: 8
Views: 926

Re: Link to Peter Bernstein the 60/40 solution full article

Hmmm... I see all three pages when I follow the link.

:?:
by Tycoon
Sat Oct 21, 2017 7:02 am
Forum: Investing - Theory, News & General
Topic: Shiller: the 1987 stock market panic can happen again
Replies: 29
Views: 2741

Re: Shiller: the 1987 stock market panic can happen again

telemark wrote:
Sat Oct 21, 2017 6:57 am
Human nature has not changed, so we are still subject to irrational panics. The good thing about irrational panics is that recovery can also be fairly rapid. It's the rational panics I would worry about.
Irrational panics create opportunities to make money.
by Tycoon
Mon Oct 16, 2017 4:49 pm
Forum: Personal Consumer Issues
Topic: Is Florida Over, 2017
Replies: 48
Views: 5938

Re: Is Florida Over, 2017

I don't know about Florida, but I'm 968ft above sea level and if I walk out of my back door and dig 1.5ft deep I find sea shells. I want my beach front property back. It's amazing how the ground underneath us moves.
by Tycoon
Sun Oct 15, 2017 8:11 am
Forum: Investing - Theory, News & General
Topic: And the Nobel Memorial Prize in Economic Sciences goes to [Richard Thaler]
Replies: 97
Views: 8545

Re: And the Nobel Memorial Prize in Economic Sciences goes to [Richard Thaler]

This is an interesting thread. It reinforces what I already knew. People behave like sheep.

I very strongly agree with Taleb's IYI article.
by Tycoon
Sat Oct 14, 2017 8:42 pm
Forum: Personal Consumer Issues
Topic: Happy Consumer Story (Backpacking Tent)
Replies: 16
Views: 1339

Re: Happy Consumer Story (Backpacking Tent)

One of my Carver amplifiers stopped working. At the time it died I learned Carver had gone out of business. However, Bob Carver made an agreement with some outside repair shop to complete warranty work on Carver components. This third party repaired my amplifier and all it cost me was shipping cost ...
by Tycoon
Sat Oct 14, 2017 8:19 am
Forum: Personal Consumer Issues
Topic: Antivirus Software Recommendations
Replies: 41
Views: 3102

Re: Antivirus Software Recommendations

Windows Defender is all you need. I run Symantec at work because I need the centralized policy management and reporting. But all my personal machines, and those of my friends/family, just use Defender. Same here. Good computing hygiene is more important than threat detection IMO. I manage 40-50 lap...
by Tycoon
Sat Oct 14, 2017 8:14 am
Forum: Investing - Help with Personal Investments
Topic: Bonds v. bond funds
Replies: 36
Views: 2040

Re: Bonds v. bond funds

Bond funds = easy
Individual bonds = work
by Tycoon
Fri Oct 13, 2017 4:43 pm
Forum: Personal Consumer Issues
Topic: Anyone Ever Jackhammered a Concrete Patio?
Replies: 27
Views: 1694

Re: Anyone Ever Jackhammered a Concrete Patio?

Yes, many years ago I jackhammered a patio. I'd probably do it again.
by Tycoon
Sun Oct 08, 2017 6:52 pm
Forum: Investing - Theory, News & General
Topic: Headlines du Jour [Financial news]
Replies: 4
Views: 679

Re: Headlines de Jour

Telling! Truly telling.
by Tycoon
Sat Oct 07, 2017 12:56 pm
Forum: Investing - Theory, News & General
Topic: Current Bull Market could last years
Replies: 89
Views: 10009

Re: Current Bull Market could last years

"Current Bull Market could last years"

Good! I can finally attain true tycoon status. I'm off to the yaht yacht store. And hire a copy editor.
by Tycoon
Sat Oct 07, 2017 9:15 am
Forum: Investing - Theory, News & General
Topic: Has your "risk tolerance" been tested?
Replies: 105
Views: 6813

Re: Has your "risk tolerance" been tested?

Yes, we've been tested multiple times (starting in 1979). No, it hasn't changed our allocations.
by Tycoon
Fri Oct 06, 2017 7:23 pm
Forum: Personal Finance (Not Investing)
Topic: Pension Freeze - What did you do?
Replies: 71
Views: 5728

Re: Pension Freeze - What did you do?

I'm in the same situation. I'm going to retire at 55.
by Tycoon
Sun Sep 24, 2017 5:16 pm
Forum: Personal Consumer Issues
Topic: Where do you get your news?
Replies: 131
Views: 8874

Re: Where do you get your news?

Thing is, I have recently had several smart people give me the advice to stop consuming news completely. The argument is that: 1) virtually none of it is actionable 2) it makes you unhappy There is a lot of wisdom to that. I cut back from time to time. Occasionally take a few days off totally. It i...
by Tycoon
Sun Sep 24, 2017 11:30 am
Forum: Personal Consumer Issues
Topic: Where do you get your news?
Replies: 131
Views: 8874

Re: Where do you get your news?

From neighbors.
by Tycoon
Sat Sep 23, 2017 2:05 pm
Forum: Personal Consumer Issues
Topic: Anyone used Amazon to buy household goods
Replies: 26
Views: 2033

Re: Anyone used Amazon to buy household goods

Nope. Not only do I not buy household goods from Amazon, I don't buy anything from Amazon any longer. I've found that I get better prices and faster delivery elsewhere. I mostly shop Ebay nowdays. You buy toilet paper and paper towels from EBay? Not yet, but perhaps I should. Scott® Toilet Paper, E...
by Tycoon
Sat Sep 23, 2017 12:54 pm
Forum: Personal Consumer Issues
Topic: Anyone used Amazon to buy household goods
Replies: 26
Views: 2033

Re: Anyone used Amazon to buy household goods

Nope. Not only do I not buy household goods from Amazon, I don't buy anything from Amazon any longer. I've found that I get better prices and faster delivery elsewhere. I mostly shop Ebay nowdays.
by Tycoon
Sat Sep 23, 2017 8:24 am
Forum: Personal Finance (Not Investing)
Topic: Would you get flood insurance?
Replies: 25
Views: 1522

Re: Would you get flood insurance?

I would move to higher ground. No sarcasm intended.
by Tycoon
Sat Sep 23, 2017 8:18 am
Forum: Personal Finance (Not Investing)
Topic: Vanguard college calculator and some questions
Replies: 16
Views: 942

Re: Vanguard college calculator and some questions

We won the kid lottery with the first kid - she's getting paid to go to college and will graduate in three and a half years. We're cash flowing the second child's education minus one small corporate National Merit scholarship. Not knowing the future we started saving for college before they were born.
by Tycoon
Fri Sep 22, 2017 10:17 am
Forum: Personal Finance (Not Investing)
Topic: Credit freeze or fraud alert?
Replies: 18
Views: 1321

Re: Credit freeze or fraud alert?

From our personal experience(s) fraud alerts are worthless. This! A credit freeze is near 100% effective in preventing new, fraudulent, credit in your name since lenders or credit card companies will nearly always check your credit before approving the loan/card. It is possible that a credit check ...
by Tycoon
Fri Sep 22, 2017 8:43 am
Forum: Personal Finance (Not Investing)
Topic: Credit freeze or fraud alert?
Replies: 18
Views: 1321

Re: Credit freeze or fraud alert?

From our personal experience(s) fraud alerts are worthless.