Search found 5274 matches

by Pajamas
Sun Jun 17, 2018 12:34 pm
Forum: Investing - Help with Personal Investments
Topic: IRA concerns
Replies: 29
Views: 927

Re: IRA concerns

What advantages do you see over an investment in an S&P500 index, which it seems to track very closely?

https://www.schwab.com/public/schwab/in ... end_growth
by Pajamas
Sun Jun 17, 2018 12:19 pm
Forum: Investing - Help with Personal Investments
Topic: MD&P just purchased X / sold Y [md&pharmacist]
Replies: 175
Views: 10072

Re: MD&P just purchased X / sold Y [md&pharmacist]

Earl Lemongrab wrote:
Sun Jun 17, 2018 12:09 pm
Any posts besides the technical ones of posting the transactions, analysis, and performance tracking are clutter and useless.
It took a lot of posts just to get to that point. . . .
by Pajamas
Sun Jun 17, 2018 11:40 am
Forum: Personal Consumer Issues
Topic: How do you read books?
Replies: 15
Views: 1314

Re: How do you read books?

When reading nonfiction, spend a few minutes reading the forward, the table of contents, and skimming through the index and any other appendices. That will give you an understanding of the purpose and organization and content of the book. It also helps to flip through each chapter before reading it ...
by Pajamas
Sun Jun 17, 2018 11:36 am
Forum: Investing - Help with Personal Investments
Topic: MD&P just purchased X / sold Y [md&pharmacist]
Replies: 175
Views: 10072

Re: MD&P just purchased X / sold Y [md&pharmacist]

The desire to achieve average annualized returns of 30-40% would elevate you to the greatest investors of all time Another pointless "bashing" post. Let's let him post or not post his moves. Doesn't seem like pointless bashing to me. md&pharmacist appears to be unaware of that information. Won't af...
by Pajamas
Sun Jun 17, 2018 11:31 am
Forum: Investing - Help with Personal Investments
Topic: Mercantil Bank CD?
Replies: 3
Views: 208

Re: Mercantil Bank

If it's FDIC insured, why worry too much about it? It's not as if the U.S. divisions of foreign banks are unregulated.

https://www.bankrate.com/banks/mercanti ... ion/83638/
by Pajamas
Sun Jun 17, 2018 11:22 am
Forum: Personal Finance (Not Investing)
Topic: Lost job. Take early SS or draw from accounts?
Replies: 37
Views: 3684

Re: Lost job. Take early SS or draw from accounts?

Okay, she won't be eligible for Medicaid this year, but will be next year. Job prospects are not good. I guess she really needs to focus on reducing expenses. She should be eligible for Medicaid this year. What makes you think she wouldn't be if she has essentially no current income? If she is not ...
by Pajamas
Sun Jun 17, 2018 11:18 am
Forum: Personal Consumer Issues
Topic: Best tips for starting a new job
Replies: 19
Views: 1115

Re: Best tips for starting a new job

Ears open. Mouth shut. This. Don't make any major decisions until you know what's up and don't make any minor ones unless you are certain you know what the consequences will be. If up-to-date organizational charts and staff directories are not available (yes it happens), ask for them to be updated ...
by Pajamas
Sat Jun 16, 2018 6:58 pm
Forum: Personal Finance (Not Investing)
Topic: Take a job with a company being acquired?
Replies: 12
Views: 928

Re: Take a job with a company being acquired?

Beware. If there are significant "synergies", then the acquiring company may be primarily interested in eliminating a competitor and in absorbing the acquired company's customers rather than retaining many of the employees. Been there, done that.
by Pajamas
Fri Jun 15, 2018 6:58 pm
Forum: Personal Finance (Not Investing)
Topic: Deduct volunteer work?
Replies: 4
Views: 370

Re: Deduct volunteer work?

See the chart on page 3 of Pub. 526:

https://www.irs.gov/pub/irs-pdf/p526.pdf
by Pajamas
Fri Jun 15, 2018 6:52 pm
Forum: Personal Consumer Issues
Topic: Private Sale test drive
Replies: 13
Views: 1159

Re: Private Sale test drive

I'm sure it's stereotyping in a positive way, but I wouldn't be worried about going for a ride with the type of person who would be interested in buying a used Volvo, myself. 8-)
by Pajamas
Fri Jun 15, 2018 5:35 pm
Forum: Investing - Theory, News & General
Topic: Any thoughts on The Aurora Report? [Arora Report]
Replies: 53
Views: 11725

Re: Any thoughts on The Aurora Report? [Arora Report]

I might read The Aurora Report , but I wouldn't pay for it. Cramer is a closet indexer. https://www.marketwatch.com/story/jim-cramer-likes-index-funds-who-knew-2014-06-26 Cramer is an entertainer. https://jamesaltucher.com/2011/01/10-things-i-learned-working-with-jim-cramer/ Lets not fool ourselves....
by Pajamas
Fri Jun 15, 2018 5:30 pm
Forum: Personal Consumer Issues
Topic: I am STUNNED over how much help my friends recieved with house purchase!
Replies: 47
Views: 3594

Re: I am STUNNED over how much help my friends recieved with house purchase!

It's very typical for parents to help their children buy apartments where I live in a high cost of living area. As far as I know, all but one of the people under 30 that have bought apartments on my floor in the past decade have had parental assistance. Presumably none of them would qualify for a lo...
by Pajamas
Fri Jun 15, 2018 2:09 pm
Forum: Investing - Help with Personal Investments
Topic: Converting real estate to stocks/bonds: pay off mortgages in the meantime or invest?
Replies: 2
Views: 219

Re: Converting real estate to stocks/bonds: pay off mortgages in the meantime or invest?

If you are in the process of selling them, you are right that it probably doesn't matter that much. Just depends on if you prefer the guaranteed return of not having to pay mortgage interest vs. potential gains or losses from investing. Also if you are already too heavily weighted to real estate you...
by Pajamas
Fri Jun 15, 2018 1:58 pm
Forum: Investing - Theory, News & General
Topic: Flaw in Logic? CD ladder instead of bond funds
Replies: 61
Views: 3880

Re: Flaw in Logic? CD ladder instead of bond funds

Might be more trouble to rebalance on schedule.
by Pajamas
Fri Jun 15, 2018 1:56 pm
Forum: Personal Consumer Issues
Topic: SleepScore App
Replies: 7
Views: 650

Re: SleepScore App

Nevertheless, I do know that I don't sleep well, and this seems to confirm it. But again, what's the next step? Depends on why you don't sleep well. Is it something that ensuring that you have a completely dark room at the correct temperature and a machine that masks noise and a supportive foam mat...
by Pajamas
Fri Jun 15, 2018 12:46 pm
Forum: Personal Consumer Issues
Topic: Too much house vs. just enough
Replies: 38
Views: 3272

Re: Too much house vs. just enough

It's not just the initial cost of a bigger house, it's the additional interest on a larger mortgage, higher insurance costs, increased property taxes, increased maintenance and repairs, increased utilities, furnishings for the extra space, increased cleaning time, etc. Plus you have more of your net...
by Pajamas
Fri Jun 15, 2018 11:16 am
Forum: Personal Finance (Not Investing)
Topic: can we afford to spend $20K on travel annually
Replies: 66
Views: 5037

Re: can we afford to spend $20K on travel annually

Age is just a number. And "middle age" is just a mental state. Which brings up the point that the passage of time is highly subjective but tends to accelerate as one ages, so the subjective midpoint might well be considered to occur long before the objective midpoint. However, that may only be real...
by Pajamas
Fri Jun 15, 2018 10:15 am
Forum: Personal Finance (Not Investing)
Topic: can we afford to spend $20K on travel annually
Replies: 66
Views: 5037

Re: can we afford to spend $20K on travel annually

Exafchick wrote:
Fri Jun 15, 2018 10:09 am
Anyone else think 39 is a bit young to be considered middle aged?!
39 is actually right at the midpoint of the total life expectancy for a U.S. male at age 39, so no, it seems appropriate to me.

https://www.ssa.gov/oact/STATS/table4c6.html
by Pajamas
Fri Jun 15, 2018 10:05 am
Forum: Personal Finance (Not Investing)
Topic: can we afford to spend $20K on travel annually
Replies: 66
Views: 5037

Re: can we afford to spend $20K on travel annually

Interesting. An elementary school principal is making $240k. My kids' elementary school principal makes $90k. Some principals have PhDs and have held a progressive series of positions in school systems. There is also a lot of regional variation in pay for teachers and the size of the school and sch...
by Pajamas
Fri Jun 15, 2018 9:59 am
Forum: Investing - Help with Personal Investments
Topic: 28 with a wife and new baby
Replies: 31
Views: 2021

Re: 28 with a wife and new baby

UniversityEmployee9, if you are aiming for financial independence, then seriously consider not having more children or having only one more rather than two or three more. The psychological benefit of paying off a 2.9% mortgage might easily be offset by having funds invested in a taxable account to p...
by Pajamas
Fri Jun 15, 2018 9:47 am
Forum: Personal Finance (Not Investing)
Topic: can we afford to spend $20K on travel annually
Replies: 66
Views: 5037

Re: can we afford to spend $20K on travel annually

I'm a bit curious as to what type of state employee makes 230k before age 40, and can get a 100k pension at 60? LOTS of government employees make high salaries. Here are the ones in Nevada, for example, although the age and pension data aren't included: https://transparentnevada.com/salaries/all/
by Pajamas
Fri Jun 15, 2018 9:41 am
Forum: Personal Finance (Not Investing)
Topic: $75,000 bonus - help me with my plan
Replies: 20
Views: 2240

Re: $75,000 bonus - help me with my plan

Since you've already made the decision to move, why not go ahead and use the $75k to do so now or at least sooner rather than later? I agree it makes little sense to tie up money to pay down the mortgage if you will be moving in two years and paying off a 1.9% car loan isn't very appealing compared ...
by Pajamas
Thu Jun 14, 2018 10:05 pm
Forum: Investing - Help with Personal Investments
Topic: MD&P just purchased X / sold Y [md&pharmacist]
Replies: 175
Views: 10072

Re: MD&P just purchased X / sold Y [md&pharmacist]

EyeYield wrote:
Thu Jun 14, 2018 7:09 pm
MD&P just purchased X / sold Y
Ok, I just read the whole thread, because of the evocative title, and no where could I find what was just purchased.

Can someone tell me if I missed it or if it was deleted? Thanks.
I think it hasn't happened yet. :beer
by Pajamas
Thu Jun 14, 2018 9:57 pm
Forum: Personal Finance (Not Investing)
Topic: Career advice (take the promotion or not)
Replies: 15
Views: 1938

Re: Career advice (take the promotion or not)

Advanced positions where you work currently are apparently limited for you and when that is combined with being underpaid, your best hope for career advancement is to look for a job elsewhere. In the meantime, the new position doesn't seem like it is worth taking to you but not taking it may hinder ...
by Pajamas
Thu Jun 14, 2018 6:56 pm
Forum: Personal Consumer Issues
Topic: Non-alcoholic drinks for wedding
Replies: 79
Views: 3473

Re: Non-alcoholic drinks for wedding

Loik098 wrote:
Thu Jun 14, 2018 4:15 pm
We had a dry wedding. We did peach bellinis, and spent the money we would have spent on alcohol on offering better food instead. The bellinis were a big hit.
:?: A peach bellini is made with sparkling wine, traditionally Prosecco.
by Pajamas
Thu Jun 14, 2018 6:51 pm
Forum: Investing - Help with Personal Investments
Topic: MD&P just purchased X / sold Y [md&pharmacist]
Replies: 175
Views: 10072

Re: MD&P just purchased X / sold Y [md&pharmacist]

. . . those here with reasonable posts or just watching and declining to post (out of fear, sadly), are objective with genuine interest. The others, with hostile posts, are so afraid that my well performing portfolio can still be improved further. It won't matter that the majority of my funds will ...
by Pajamas
Thu Jun 14, 2018 6:31 pm
Forum: Personal Finance (Not Investing)
Topic: Architectural Services and Fees - advice needed
Replies: 7
Views: 601

Re: Architectural Services and Fees - advice needed

If you want a shipping container house then you should use an architect who specializes in them. I don't know if you could convince most architects to design one or if you would even want an architect who didn't specialize in them to design one for you. So look for architects reasonably near you tha...
by Pajamas
Thu Jun 14, 2018 6:17 pm
Forum: Investing - Theory, News & General
Topic: Interesting video from Ramsey today [How Ramsey Outperforms The Stock Market]
Replies: 123
Views: 8895

Re: Interesting video from Ramsey today [How Ramsey Outperforms The Stock Market]

GoldStar wrote:
Thu Jun 14, 2018 6:15 pm
I'm relatively new here - find it confusing that a Boglehead is posting a Ramsey video as "interesting".
If you search for "Ramsey" on the website and read some of the previous discussions about him, you'll understand! "Controversial" might be a more accurate word than "interesting". :D
by Pajamas
Thu Jun 14, 2018 6:11 pm
Forum: Investing - Help with Personal Investments
Topic: Renting vs Buying a Home
Replies: 24
Views: 1559

Re: Renting vs Buying a Home

You can generally expect better returns from equities than from housing... Is this true? I understand housing prices roughly keep pace with inflation and roughly CPI+1% post-WWII in the USA. But that's not the same thing as returns. Cheap leverage is wide spread and can really juice ROI. Yes, it's ...
by Pajamas
Thu Jun 14, 2018 6:05 pm
Forum: Investing - Theory, News & General
Topic: Interesting video from Ramsey today [How Ramsey Outperforms The Stock Market]
Replies: 123
Views: 8895

Re: Interesting video from Ramsey today [How Ramsey Outperforms The Stock Market]

If you do two years at community college and two years at USC what does your diploma say and what did the degree cost? I don't know the best nursing schools in California, and don't really care, but $120,000 for an education that could easily be had for a fourth of that is expensive. And about a ye...
by Pajamas
Thu Jun 14, 2018 3:10 pm
Forum: Personal Finance (Not Investing)
Topic: I was rear ended and the other guy wants a payout!
Replies: 101
Views: 7620

Re: I was rear ended and the other guy wants a payout!

Alright, sorry for pulling your leg a bit, I know you are right in many cases, I’m just hoping you are wrong in this particular case. I hope so, too. I just think you should be aware that it is very common to have legitimate injuries from minor accidents. (Got my quotes a little mixed up earlier bu...
by Pajamas
Thu Jun 14, 2018 3:06 pm
Forum: Personal Finance (Not Investing)
Topic: I was rear ended and the other guy wants a payout!
Replies: 101
Views: 7620

Re: I was rear ended and the other guy wants a payout!

So what you are saying is, I should really claim injury now, just in case I need neck surgery 10 years later and can then claim it was the result of this one car accident. Clearly that's NOT what I said! I simply said that it can have serious consequences, some of which might not be apparent immedi...
by Pajamas
Thu Jun 14, 2018 3:01 pm
Forum: Personal Finance (Not Investing)
Topic: I was rear ended and the other guy wants a payout!
Replies: 101
Views: 7620

Re: I was rear ended and the other guy wants a payout!

Even if you really had some neck pain after the accident what’s the medical response, I’m betting a bottle of Tylenol until it goes away (maybe some neck exercises) Maybe surgery for a bulging disc compressing the spinal cord. . . . seriously, don't underestimate the potential consequences even yea...
by Pajamas
Thu Jun 14, 2018 2:50 pm
Forum: Personal Consumer Issues
Topic: Should I fix the car or get rid of it?
Replies: 20
Views: 1610

Re: Should I fix the car or get rid of it?

2009 Subaru Forester . . . has 130k miles on it and now needs a new head gasket. Local area shops will do the complete job including timing belt and seals for $2500. Sell. Other things will go wrong and require further major expenses. I've seen this again and again. Don't throw good money after bad...
by Pajamas
Thu Jun 14, 2018 2:42 pm
Forum: Investing - Help with Personal Investments
Topic: Renting vs Buying a Home
Replies: 24
Views: 1559

Re: Renting vs Buying a Home

I agree that young and single clearly favors renting. You can generally expect better returns from equities than from housing if you look at your home as an investment, which I would not recommend, anyway. For a bunch of reasons there seems to be a frenzy about real estate as an investment right now...
by Pajamas
Thu Jun 14, 2018 2:35 pm
Forum: Personal Finance (Not Investing)
Topic: I was rear ended and the other guy wants a payout!
Replies: 101
Views: 7620

Re: I was rear ended and the other guy wants a payout!

I’m sure the “injury” being claimed will be something vague like a sore neck or back. I’m sure sometimes that’s real, I’m also sure that more often than not it’s a way to try to milk money out of people. I think it is just the opposite. Even a minor car accident at slow speed with minor damage and ...
by Pajamas
Thu Jun 14, 2018 2:27 pm
Forum: Investing - Help with Personal Investments
Topic: MD&P just purchased X / sold Y [md&pharmacist]
Replies: 175
Views: 10072

Re: MD&P just purchased X / sold Y [md&pharmacist]

Remember, Warren Buffet had a ten-year bet with a hedge-fund manager that the plain index fund would beat the hedge-fund guy and it did. This was a guy with a whole team of PhDs that spent all day researching the markets without having to see patients on the side. And they couldn't beat a plain van...
by Pajamas
Wed Jun 13, 2018 8:11 pm
Forum: Investing - Help with Personal Investments
Topic: What financial vehicle was this??
Replies: 6
Views: 797

Re: What financial vehicle was this??

Sounds like some kind of federal tax-free bonds or bond fund. They are advertising those rates.

https://www.edwardjones.com/investments ... index.html
by Pajamas
Wed Jun 13, 2018 7:45 pm
Forum: Investing - Theory, News & General
Topic: Bitcoin Price Manipulation
Replies: 34
Views: 4068

Re: Bitcoin Price Manipulation

I am so confused by this. How is manipulating bitcoin a crime? When did it become a regulated security? If someone were to manipulate the beanie baby market on ebay is that also a crime? Is bitcoin now regulated by the US government? I understand that bitcoin is now traded on the CME which is regul...
by Pajamas
Wed Jun 13, 2018 5:57 pm
Forum: Investing - Theory, News & General
Topic: 1 Year Rule - Not allowed to execute new investment strategy until 1 year has passed
Replies: 27
Views: 2369

Re: 1 Year Rule - Not allowed to execute new investment strategy until 1 year has passed

Seems completely arbitrary to me. Why one year and not eleven months or six months or one and a half years? A year is good for getting rid of clothes you haven't worn because of the yearly cycle of seasons, but why does a year apply here? I don't think investing should be arbitrary.
by Pajamas
Wed Jun 13, 2018 5:28 pm
Forum: Investing - Help with Personal Investments
Topic: Recently Paid Off School Loan - Millennial Couple Seeking Advice & Guidance
Replies: 17
Views: 977

Re: Recently Paid Off School Loan - Millennial Couple Seeking Advice & Guidance

I was under the impression that tax loss harvesting an S&P 500 index fund would be difficult if one also owned the S&P 500 index fund in a 401k, because any subsequent purchases of the S&P 500 index fund in the 401k within 30 days would create a wash sale. Is my understanding incorrect? Would this ...
by Pajamas
Wed Jun 13, 2018 5:23 pm
Forum: Personal Finance (Not Investing)
Topic: thoughts on rental budget - emotional more than numbers
Replies: 8
Views: 824

Re: thoughts on rental budget - emotional more than numbers

I would buy the condo next door and combine them or else buy a smaller condo in the building to use as an office and guest apartment. That's very common here. There's a very high demand for studios when most of the apartments in a building are one or two bedrooms. Makes a nice master bedroom suite o...
by Pajamas
Wed Jun 13, 2018 5:17 pm
Forum: Investing - Theory, News & General
Topic: Share buy back programs- the new dividend?
Replies: 6
Views: 549

Re: Share buy back programs- the new dividend?

A lot of buybacks don't really reduce the number of shares outstanding because they are then given to employees as compensation. I also question the rationale for a publicly traded company to reduce its float if it is indeed being reduced. This is especially true for companies such as REITs that rou...
by Pajamas
Wed Jun 13, 2018 4:39 pm
Forum: Investing - Theory, News & General
Topic: Buy LEAPS vs stocks
Replies: 7
Views: 750

Re: Buy LEAPS vs stocks

Problem is that January 2020 is only 18 months from now. That's not really long term, perhaps the short end of medium term.
by Pajamas
Wed Jun 13, 2018 4:29 pm
Forum: Personal Consumer Issues
Topic: Learning how to fix/repair things
Replies: 28
Views: 1969

Re: Learning how to fix/repair things

Years ago, I found the Time Life Basic Wiring book to be very helpful in installing lighting fixtures, new outlets, ceiling fans, and dealing with basic copper telephone wires. Got it for just a few dollars on Amazon. But I agree that there is no point in that now because basically most all of human...
by Pajamas
Wed Jun 13, 2018 3:55 pm
Forum: Investing - Help with Personal Investments
Topic: Recently Paid Off School Loan - Millennial Couple Seeking Advice & Guidance
Replies: 17
Views: 977

Re: Recently Paid Off School Loan - Millennial Couple Seeking Advice & Guidance

Thank you Pajamas. I've read a lot of posts debating the merits between TSM and S&P500. I've thought about it as well but for 401k, we don't have TSM as an option so S&P500 is the best alternative. For taxable, my rationale is that i could TLH/TGH between TSM and S&P500 (i could be wrong on this si...
by Pajamas
Wed Jun 13, 2018 2:44 pm
Forum: Investing - Help with Personal Investments
Topic: Question about dividend yield on funds.
Replies: 11
Views: 316

Re: Question about dividend yield on funds.

With an ETF like SCHB, you not only get the dividend but also hopefully some capital appreciation or an increase in the value of your shares. With a savings account, you only get the interest. Since your investment is in a tax-advantaged account, you shouldn't have to pay any taxes on either dividen...
by Pajamas
Wed Jun 13, 2018 2:39 pm
Forum: Investing - Help with Personal Investments
Topic: Recently Paid Off School Loan - Millennial Couple Seeking Advice & Guidance
Replies: 17
Views: 977

Re: Recently Paid Off School Loan - Millennial Couple Seeking Advice & Guidance

Looks like you are doing well. I agree that you might go with a total stock market fund rather than the S&P500 if you have good choices. Congratulations on paying off the $100k student loan in four years. That means that you now can direct that $25k+ a year into investments and not even miss it. If ...
by Pajamas
Wed Jun 13, 2018 2:36 pm
Forum: Investing - Help with Personal Investments
Topic: Any problem opening fund "Investor", then building to "Admiral"?
Replies: 25
Views: 1537

Re: Any problem opening fund "Investor", then building to "Admiral"?

No, it's the same fund with slightly higher fees. It should convert to Admiral automatically when you reach the minimum amount. Here's a recent discussion on the topic:

viewtopic.php?t=244120
by Pajamas
Wed Jun 13, 2018 1:56 pm
Forum: Personal Finance (Not Investing)
Topic: COBRA Experts Needed: Newborn Coverage
Replies: 11
Views: 914

Re: COBRA Experts Needed: Newborn Coverage

I don't understand how this works. Is ACA supposed to cover people in that interval? Or does it say immediate employer insurance is not necessary? It can cover people during that period but there are other options such as COBRA coverage or private coverage. The ACA addressed many different aspects ...