Search found 1191 matches

by z3r0c00l
Thu Nov 15, 2018 12:11 pm
Forum: Investing - Theory, News & General
Topic: Treating I-Bonds as Long-term Bond Holdings
Replies: 28
Views: 3870

Re: Treating I-Bonds as Long-term Bond Holdings

I have more than one use for them and so buy the maximum every year. They are a very attractive long term bond, something I would likely spend down 20 - 30 years from now before 401K and SS start but after retirement and pension are started. Current I bonds tell you exactly what they will do this ye...
by z3r0c00l
Wed Nov 14, 2018 9:14 pm
Forum: Investing - Help with Personal Investments
Topic: Satisfied with 3% Returns for the last 10 years of working?
Replies: 13
Views: 2056

Re: Satisfied with 3% Returns for the last 10 years of working?

Can you stomach leaving 200% return on the table? I find the fear of missing out can be equally challenging.
by z3r0c00l
Wed Nov 14, 2018 7:20 am
Forum: Personal Finance (Not Investing)
Topic: Stock market open today?
Replies: 14
Views: 2129

Re: Stock market open today?

AlphaLess wrote:
Wed Nov 14, 2018 12:25 am
z3r0c00l wrote:
Tue Nov 13, 2018 7:28 am
Why does the stock market close at all anymore?
You propose we run it 24-7?

Well, CME SP500 E-mini futures trade nearly 23 hours per day, from Sunday night till Friday afternoon.
Correct, 24/7/365.
by z3r0c00l
Tue Nov 13, 2018 7:28 am
Forum: Personal Finance (Not Investing)
Topic: Stock market open today?
Replies: 14
Views: 2129

Re: Stock market open today?

Why does the stock market close at all anymore?
by z3r0c00l
Sat Nov 10, 2018 9:28 am
Forum: Personal Finance (Not Investing)
Topic: Finances in NYC
Replies: 76
Views: 6058

Re: Finances in NYC

leeks wrote:
Sat Nov 10, 2018 9:26 am
(can be 4 months rent - first/last/security deposit/broker fee)
If someone demanded that of me I would find another apartment. Lots of no-fee listings out there and usually the last month is the security deposit.
by z3r0c00l
Sat Nov 10, 2018 9:03 am
Forum: Personal Finance (Not Investing)
Topic: Finances in NYC
Replies: 76
Views: 6058

Re: Finances in NYC

122K is plenty to have an apartment in Manhattan all to yourself. Most residents of the city make do with less. Selling the car will save you more money than you think, gas is a minor expense when it comes to owning a car, you will find that insurance and depreciation run a few hundred a month. "A 5...
by z3r0c00l
Fri Nov 09, 2018 2:02 pm
Forum: Investing - Help with Personal Investments
Topic: Strategy during the last stock market decline
Replies: 57
Views: 5914

Re: Strategy during the last stock market decline

dh wrote:
Fri Nov 09, 2018 1:08 pm
Greetings, Bogleheads!
I confess that I do not recall the last significant stock market decline (-25%) we experienced (maybe 2007?).
You don't recall the -50% decline of the Great Recession in 2009, the worst since 1929? :shock:
by z3r0c00l
Fri Nov 09, 2018 8:56 am
Forum: Investing - Theory, News & General
Topic: Best Finance/Stock Market Films
Replies: 34
Views: 1602

Re: Best Finance/Stock Market Films

I enjoy Wall St. if only because it is a typical 80's movie, a nice time capsule of NYC and 1980's stereotypes of Yuppies at the time.
by z3r0c00l
Tue Nov 06, 2018 10:27 am
Forum: Personal Finance (Not Investing)
Topic: High Earners - What's Your Profession?
Replies: 702
Views: 113384

Re: High Earners - What's Your Profession?

100K isn't a high income in the New York area. I did however fit your criteria when I worked; averaged just over 100K a year. I retired as a sergeant from a large metropolitan police department. Everyone keeps telling me that 100k doesn't make you a high earner in New York, but my personal experien...
by z3r0c00l
Tue Nov 06, 2018 10:01 am
Forum: Personal Finance (Not Investing)
Topic: [Ally online savings now at 1.80%]
Replies: 246
Views: 41964

Re: [Ally online savings now at 1.80%]

Welp Ally giving an extra 1% through early 2019 so I can't imagine a better place to keep the money until Feb 15th.
by z3r0c00l
Tue Nov 06, 2018 9:49 am
Forum: Investing - Help with Personal Investments
Topic: 3.75% - 5-year CD
Replies: 13
Views: 3563

Re: 3.75% - 5-year CD

3.35% for half the duration in the 30 month, and even the 12 month offers a reasonable 3%. I would probably go shorter.
by z3r0c00l
Sat Nov 03, 2018 10:27 pm
Forum: Investing - Theory, News & General
Topic: [WSJ: The New Retirement Plan: Save Almost Everything, Spend Virtually Nothing]
Replies: 74
Views: 8422

Re: WSJ FIRE

There are many options available to the kind of intelligent, disciplined and resourceful people that the FIRE movement attracts. You don't have to be flipping burgers or bagging groceries. Though you could. You could put in a few hours on the weekends via Uber/Lyft and help partying young people ge...
by z3r0c00l
Sat Nov 03, 2018 10:00 pm
Forum: Investing - Help with Personal Investments
Topic: Close to the Bull Trap phase of the market cycle
Replies: 32
Views: 2772

Re: Close to the Bull Trap phase of the market cycle

Hate to pile one, but the very premise of investing in stocks is that over the long run they will almost certainly be higher than they are today. If you are confident that stocks will be higher than today, by 2040, who cares how they get there? If you don't think stocks will be higher by then, by al...
by z3r0c00l
Fri Nov 02, 2018 4:03 pm
Forum: Investing - Help with Personal Investments
Topic: Panic set in... now what?
Replies: 63
Views: 10915

Re: Panic set in... now what?

Nothing wrong with just using CD ladders at 67...
by z3r0c00l
Fri Nov 02, 2018 9:46 am
Forum: Personal Finance (Not Investing)
Topic: Extreme credit card debt
Replies: 37
Views: 4168

Re: Extreme credit card debt

Duplicate.
by z3r0c00l
Fri Nov 02, 2018 9:39 am
Forum: Personal Finance (Not Investing)
Topic: Extreme credit card debt
Replies: 37
Views: 4168

Re: Extreme credit card debt

There is no reason why a couple, even in a high cost of living area, can't save $40,000 a year off a combined $110,000 income. Agreed, you should have this debt paid off in less than two years. Subtracting for maxing out retirement accounts, DW and I living in a HCOL area would make about the same ...
by z3r0c00l
Fri Nov 02, 2018 8:35 am
Forum: Personal Finance (Not Investing)
Topic: Extreme credit card debt
Replies: 37
Views: 4168

Re: Extreme credit card debt

Sounds like a rough stretch but I was quite relieved when you said how young you are. Plenty of time to come back from this and I think it should only take a few years at the most due to a solid combined income. This is a good time to live frugally, seek extra work on the side if possible, and pay d...
by z3r0c00l
Thu Nov 01, 2018 6:21 pm
Forum: Investing - Theory, News & General
Topic: I Bond fixed rate = 0.5%
Replies: 86
Views: 7600

Re: I Bond fixed rate = 0.5%

You pay more taxes when you earn more, I will take that problem any day of the week. Glad to see a bump, and it is modest enough not to make me regret buying my 10k last month!
by z3r0c00l
Wed Oct 31, 2018 6:40 am
Forum: Investing - Theory, News & General
Topic: Who's Buying General Electric?
Replies: 39
Views: 4577

Re: Who's Buying General Electric?

Imagine all the employees who loaded up on GE stock!
by z3r0c00l
Tue Oct 30, 2018 8:36 pm
Forum: Investing - Theory, News & General
Topic: Is a declining bond market a prescient warning of a declining stock market?
Replies: 10
Views: 982

Re: Is a declining bond market a prescient warning of a declining stock market?

Not a chance, if anyone knew this with confidence, they wouldn't tell a soul and bet on it, making a fortune. Not a single person knows what the stock market will do tomorrow or for the rest of the year.
by z3r0c00l
Mon Oct 29, 2018 6:17 am
Forum: Investing - Help with Personal Investments
Topic: VASGX - What to do? [VG LifeStrategy Growth]
Replies: 15
Views: 1100

Re: VASGX - What to do? [VG LifeStrategy Growth]

Although your concern is palpable, a change in investment value of $400 in just under a year is trivial in the scheme of things. You will earn in all likelihood over a million dollars during your working life. At 36 with a few more years of saving than you, I now see daily swings of $1000 or more. M...
by z3r0c00l
Sat Oct 27, 2018 2:46 pm
Forum: Investing - Help with Personal Investments
Topic: Market Timing = Dumb. But What About Retirement Timing?
Replies: 15
Views: 2351

Re: Market Timing = Dumb. But What About Retirement Timing?

I would remove the majority of stock-induced uncertainty in retirement by not owning so much stock at that time. 60/40 or 50/50 for example. Arrange a tripod with SS, pension, personal savings, or a chair if you own a home outright too. If you do it right, stocks shouldn't matter much.
by z3r0c00l
Thu Oct 25, 2018 10:20 am
Forum: Investing - Theory, News & General
Topic: Why I'm 100% stocks
Replies: 149
Views: 17197

Re: Why I'm 100% stocks

100% stock is great for some, I am simply not willing to risk a prolonged 50% decline in my life's savings. At least once in the past: stocks have dropped over 20% in a single day, and have dropped about 90% in a few years. Glad to leave some money on the table, or work a bit longer, in exchange for...
by z3r0c00l
Thu Oct 25, 2018 9:02 am
Forum: Investing - Theory, News & General
Topic: Scariest Things Heard This Week (Investing)
Replies: 9
Views: 2661

Re: Scariest Things Heard This Week (Investing)

Always fun, one would hope saying "bogleheads" is enough to get them to end the hard sell of some Franklin Templeton fund... When I had a similar situation through work, it wound up being an educational session where I taught the agent about i-Bonds and wowed him at the AUM of various Vanguard funds...
by z3r0c00l
Thu Oct 25, 2018 7:52 am
Forum: Investing - Help with Personal Investments
Topic: Reaction to Market
Replies: 71
Views: 7645

Re: Reaction to Market

3% is not an especially bad day in stocks. It does rank as one of top 20 worst point declines, but that is only because the market is so much higher today than it was years ago. -7% is required to break the top 20 bad day list, and we have not had one of those in 10 years. https://en.wikipedia.org/w...
by z3r0c00l
Wed Oct 24, 2018 8:59 pm
Forum: Investing - Theory, News & General
Topic: Can a mutual fund close?
Replies: 3
Views: 494

Re: Can a mutual fund close?

Fund liquidation does indeed happen, and it has not been especially rare among the smaller, more expensive, and more risky/scam-like funds. However it is not so common for the big mutual funds.
by z3r0c00l
Wed Oct 24, 2018 6:23 pm
Forum: Investing - Theory, News & General
Topic: Market irrationality
Replies: 35
Views: 4056

Re: Market irrationality

The stock market is a necessary evil, and is largely a distraction from the business of investing which is buy and hold for prolonged periods of time.
by z3r0c00l
Wed Oct 24, 2018 5:58 pm
Forum: Personal Finance (Not Investing)
Topic: Should I own my home through an LLC?
Replies: 20
Views: 2823

Re: Should I own my home through an LLC?

Can't believe that "I am not a lawyer" is being abbreviated as IANAL now... You are only a couple decades behind the times. IANAL has been in common usage on internet forums since the late 90s. Welp first time I have ever seen it after being in said forums for decades. It has been used 385 times in...
by z3r0c00l
Tue Oct 23, 2018 6:39 am
Forum: Personal Finance (Not Investing)
Topic: Should I own my home through an LLC?
Replies: 20
Views: 2823

Re: Should I own my home through an LLC?

Can't believe that "I am not a lawyer" is being abbreviated as IANAL now...
by z3r0c00l
Mon Oct 22, 2018 8:09 pm
Forum: Investing - Theory, News & General
Topic: Shouldn't Fridays be higher than average due to 401k contributions?
Replies: 44
Views: 3214

Re: Shouldn't Fridays be higher than average due to 401k contributions?

It seems to me most of the daily noise in the stock market is the result of speculation and high frequency or day trading. It is a necessary evil perhaps, however somewhat of a distraction of the business of owning stocks for most of us. Doubt that 401Ks have the volume or regularity to move the nee...
by z3r0c00l
Sun Oct 21, 2018 8:30 pm
Forum: Personal Consumer Issues
Topic: Quitting w/o notice
Replies: 132
Views: 8644

Re: Quitting w/o notice

Think of the reverse situation: if they wanted to get rid of you, they will do it on the spot, with a security escort. My company gave us a month's warning before layoffs were to take effect. I know that is rare, but that kind of thing helps with employee loyalty. No one stole anything or spoke to ...
by z3r0c00l
Sun Oct 21, 2018 8:06 pm
Forum: Personal Consumer Issues
Topic: Quitting w/o notice
Replies: 132
Views: 8644

Re: Quitting w/o notice

Think of the reverse situation: if they wanted to get rid of you, they will do it on the spot, with a security escort. My company gave us a month's warning before layoffs were to take effect. I know that is rare, but that kind of thing helps with employee loyalty. No one stole anything or spoke to ...
by z3r0c00l
Sat Oct 20, 2018 10:53 am
Forum: Investing - Theory, News & General
Topic: Total Bond Market Fund - interest rates rising!
Replies: 147
Views: 16548

Re: Total Bond Market Fund - interest rates rising!

After listening to the discussion on the board here for some time, I went with an allocation to TBM in the spring of 2016, two and half years ago. My average buy-in price was 10.86. The current TBM price is 10.26. That is a NAV loss of 5.5% in 2.5 years, for a supposedly safe investment. How do you...
by z3r0c00l
Sat Oct 20, 2018 10:49 am
Forum: Investing - Help with Personal Investments
Topic: Heavy Loss in Stable Value Fund of 401k investments
Replies: 32
Views: 4212

Re: Heavy Loss in Stable Value Fund of 401k investments

Yikes, glad I selected the intermediate bond fund instead. The stable value fund in our 401K (Galliard Capital, iirc) has the highest er of any option, over .5%, and is so complex as to be basically opaque to an outsider like me. If I don't understand how it works, I generally avoid it. By compariso...
by z3r0c00l
Sat Oct 20, 2018 10:15 am
Forum: Investing - Theory, News & General
Topic: Are bonds the Maginot Line of Modern Investing?
Replies: 43
Views: 4116

Re: Are bonds the Maginot Line of Modern Investing?

In the 1940's and early 1950's, cash and short-term bonds were slaughtered. All fixed income securities were slaughtered due to the government not allowing yields to go up to reflect ongoing high inflation. Gold ownership was illegal. There were no obvious shelters, people having been just burned b...
by z3r0c00l
Sat Oct 20, 2018 9:34 am
Forum: Investing - Help with Personal Investments
Topic: “The Worst Kind of Bear Market”
Replies: 23
Views: 4670

Re: “The Worst Kind of Bear Market”

Magnitude matters too. A slow, creeping decline of 10% real per decade is still preferable to the ability of stocks to drop 20% in one day, and 90% in a year or two. I would hate to sell bonds that were down 10%, but imagine if stocks were down 90% and you also lose your job 5 years from retirement,...
by z3r0c00l
Fri Oct 19, 2018 3:30 pm
Forum: Investing - Help with Personal Investments
Topic: Bad time to invest in govt bonds?
Replies: 20
Views: 2657

Re: Bad time to invest in govt bonds?

The issue is, they can't actually predict this. Preemption and trillions of dollars of smart money, along with stochastic economic and political events, prevent anyone from predicting the future of interest rates across the bond market. It seems reasonable to expect interest rates to keep going up ...
by z3r0c00l
Fri Oct 19, 2018 2:20 pm
Forum: Investing - Help with Personal Investments
Topic: Bad time to invest in govt bonds?
Replies: 20
Views: 2657

Re: Bad time to invest in govt bonds?

Sounds like a strong prediction that interest rates will indeed rise? That was the point of this thread. It seems like people are highly confident that interest rates will continue to rise (or at least the probability sits in that favor), so I was wondering how my investment strategy change in lieu...
by z3r0c00l
Fri Oct 19, 2018 1:05 pm
Forum: Investing - Theory, News & General
Topic: Total Bond Market Fund - interest rates rising!
Replies: 147
Views: 16548

Re: Total Bond Market Fund - interest rates rising!

Long CDs won out over this small time period, however that says nothing about what will happen over the next few years. Total bond now paying %3.something and could easily have a few percent cap gains if interest rates go back down in a recession. It is still a question of liquidity and flexibility ...
by z3r0c00l
Thu Oct 18, 2018 6:11 pm
Forum: Investing - Theory, News & General
Topic: StreetShares bonds
Replies: 23
Views: 2066

Re: Street Smart bonds

How does a company targeting vets or other financially vulnerable groups make you feel better? This is the same as all the gold coin offers going to one side of the political aisle, they are just targeting people who have signaled that they are credulous or vulnerable. The same for payday loans and...
by z3r0c00l
Wed Oct 17, 2018 6:29 am
Forum: Investing - Theory, News & General
Topic: StreetShares bonds
Replies: 23
Views: 2066

Re: Street Smart bonds

How does a company targeting vets or other financially vulnerable groups make you feel better? This is the same as all the gold coin offers going to one side of the political aisle, they are just targeting people who have signaled that they are credulous or vulnerable. The same for payday loans and ...
by z3r0c00l
Sat Oct 13, 2018 10:11 pm
Forum: Investing - Help with Personal Investments
Topic: New 401k confusion with market
Replies: 19
Views: 1596

Re: New 401k confusion with market

Not many people making money this year and if they are, they are probably taking on risks that will cost them more in future years. It feels crummy, but one must get used to this feeling. You surely knew that stocks and bonds can go down sometimes, I presume. Well this year, they have gone down a bit.
by z3r0c00l
Sat Oct 13, 2018 9:31 am
Forum: Investing - Help with Personal Investments
Topic: Rebalance to bonds in 401k (timing)
Replies: 3
Views: 297

Re: Rebalance to bonds in 401k (timing)

I re-balance if things are off by more than 5%. Anything less than that doesn't seem statistically significant, if you will. I doubt even 10% variations make a huge difference in the behavior of a portfolio all that much. New money will go into the area that is short, of course, but I make no specia...
by z3r0c00l
Fri Oct 12, 2018 9:30 am
Forum: Investing - Help with Personal Investments
Topic: anybody sell I Bonds to buy something else?
Replies: 38
Views: 3595

Re: anybody sell I Bonds to buy something else?

Not yet, they are the bulk of my emergency fund too and now also serving as part of savings to buy a home. (The worst i-bonds over 5 years old will get pushed out when buying a home.) It may be that you can better CD rates now, but you can't get the inflation protection guarantee elsewhere.
by z3r0c00l
Fri Oct 12, 2018 8:00 am
Forum: Personal Finance (Not Investing)
Topic: “$1000/month job is worth $300k in retirement funds” // What are some retirement jobs you would actually enjoy doing?
Replies: 103
Views: 9870

Re: “$1000/month job is worth $300k in retirement funds” // What are some retirement jobs you would actually enjoy doing

Rather than try to drop into a new job at 55-65, which is more difficult than some might think (to just become a teacher suddenly, for example, as if it were the kind of job just anyone can do on a whim), I suggest cultivating a healthy set of side jobs and consulting opportunities while you are sti...
by z3r0c00l
Thu Oct 11, 2018 9:10 pm
Forum: Personal Consumer Issues
Topic: Budget Coffee
Replies: 51
Views: 3245

Re: Budget Coffee

I tend to like light roasts and spend ~$16 / lb whole beans but got some New England Coffee the other day at about $6 / lb and didn't think it was all that bad. I'll probably stick with the local higher end stuff but am curious to try more of the cheap stuff. What do you all like for coffee say und...
by z3r0c00l
Wed Oct 10, 2018 6:32 am
Forum: Investing - Theory, News & General
Topic: The benefits of international diversification - NOT: Hulbert
Replies: 80
Views: 5379

Re: The benefits of international diversification - NOT: Hulbert

I go back and forth on international diversification. I started out with none then read Bernstein’s books and decided to allocate 20% to it. While looking in my 401(k) one share of S&P 500 is roughly $160 a share and in my wifes 403(b) one share of S&P 500 (VIIIX) was $250 a share. Meanwhile my int...
by z3r0c00l
Tue Oct 09, 2018 6:26 am
Forum: Investing - Help with Personal Investments
Topic: When to buy some form of US bonds?
Replies: 6
Views: 1021

Re: When to buy some form of US bonds?

Timing the bond market is such a laughable concept, what exactly do you know that governments and corporations with $1 trillion worth of them don't? And by the way, few of them expected the relatively sudden price drop last week. We can only speak in past tense here. It is perhaps a bit better time ...
by z3r0c00l
Mon Oct 08, 2018 5:51 pm
Forum: Investing - Theory, News & General
Topic: Market decline in 2019 ?
Replies: 73
Views: 6632

Re: Market decline in 2019 ?

markcoop wrote:
Mon Oct 08, 2018 1:12 pm
I just don't know how to do know when the valuation is high enough or low enough.
No one does and that is the crux of this issue, you simply cannot predict the next 10 years of the stock market. The case for predicting 20-30 years is much stronger but still not a lock.
by z3r0c00l
Mon Oct 08, 2018 2:37 pm
Forum: Investing - Theory, News & General
Topic: Why 401k does not have option to invest in Govt Bonds
Replies: 16
Views: 674

Re: Why 401k does not have option to invest in Govt Bonds

Yes US Treasuries. When I look at investment options I see options like Vanguard Total Bond Index etc. In the description it says, the fund invests in 80% rated bonds and may invest 20% in unrated bonds. I am all for having more 401K choices, since I don't have a ton in mine. However since your 401...