Search found 260 matches

by fanmail
Thu Feb 02, 2017 2:41 pm
Forum: Investing - Help with Personal Investments
Topic: How do you guys ignore this stuff?
Replies: 80
Views: 9503

Re: How do you guys ignore this stuff?

If all the financial media, pundits, analysts and experts told the truth: that they don't know what's going to happen or when... there would be no more financial media, pundits, analysts and experts. They are collectively as useful as a screen door on a submarine. +1 Thanks. That's a good one. &quo...
by fanmail
Tue Jan 17, 2017 2:30 pm
Forum: Investing - Help with Personal Investments
Topic: Best index fund that covers global stocks? [Euro investor]
Replies: 16
Views: 1966

Re: Best index fund that covers global stocks?

Yep, VT is it. The ultimate boglehead ETF, buys the same % of every incorporated company in the world. I've never looked too hard at this before, but that isn't quite true. Quick evidence: Vanguard's Total Stock (domestic) fund has 3619 stock holdings, Total International Stock fund has 6123 stock ...
by fanmail
Wed Dec 21, 2016 11:53 am
Forum: Investing - Help with Personal Investments
Topic: Borrow money to invest?
Replies: 33
Views: 3024

Re: Borrow money to invest?

lostdog wrote:It's interesting that people say no but then they choose to not pay off their mortgage when they have the cash but rather invest it. Isn't that the same thing?


At much higher interest rates no less.
by fanmail
Tue Dec 20, 2016 2:00 pm
Forum: Investing - Theory, News & General
Topic: Over the last 40 years, 71% of the stock market's return came from dividends, not capital appreciation,"
Replies: 91
Views: 9435

Re: Over the last 40 years, 71% of the stock market's return came from dividends, not capital appreciation,"

VXUS opened 0.30 lower today with an announced 0.39 dividend. VTI opened 0.32 lower today with an announced 0.727 dividend. Makes sense with stocks being up at the open that they weren't down as much as the dividend. Maybe I need to use some other way besides looking at 9:30 price on the ticker in ...
by fanmail
Tue Dec 20, 2016 1:34 pm
Forum: Investing - Theory, News & General
Topic: Over the last 40 years, 71% of the stock market's return came from dividends, not capital appreciation,"
Replies: 91
Views: 9435

Re: Over the last 40 years, 71% of the stock market's return came from dividends, not capital appreciation,"

Long story short, there's no free lunch from dividends, nor do unsuspecting investors get screwed by the timing.
by fanmail
Tue Dec 20, 2016 1:32 pm
Forum: Investing - Theory, News & General
Topic: Over the last 40 years, 71% of the stock market's return came from dividends, not capital appreciation,"
Replies: 91
Views: 9435

Re: Over the last 40 years, 71% of the stock market's return came from dividends, not capital appreciation,"

VXUS opened 0.30 lower today with an announced 0.39 dividend.
VTI opened 0.32 lower today with an announced 0.727 dividend.
Makes sense with stocks being up at the open that they weren't down as much as the dividend.
by fanmail
Mon Dec 12, 2016 9:58 am
Forum: Investing - Help with Personal Investments
Topic: Placing a market order over the weekend
Replies: 18
Views: 2250

Re: Placing a market order over the weekend

Does not matter to me if you cancel. The responses you are getting are a little surprising. I thought bogleheads philosophy was time in the market, not timing the market. Yes, but ETFs trade just like stocks. And while you might want to get in at $10 a share, it is quite possible that the market ca...
by fanmail
Mon Dec 12, 2016 5:38 am
Forum: Investing - Help with Personal Investments
Topic: Placing a market order over the weekend
Replies: 18
Views: 2250

Re: Placing a market order over the weekend

Does not matter to me if you cancel. The responses you are getting are a little surprising. I thought bogleheads philosophy was time in the market, not timing the market.
by fanmail
Thu Dec 08, 2016 4:14 am
Forum: Investing - Help with Personal Investments
Topic: Where does Gold fit in passive investing
Replies: 18
Views: 2279

Re: Where does Gold fit in passive investing

Gold is a commodity, so it's speculative and supply/demand driven. It is treated by traders as a risk off tool. Crazy people think it is the only real money.

There is no longterm +EV, so it has no real place in passive investing in my opinion.
by fanmail
Thu Dec 08, 2016 4:00 am
Forum: Investing - Help with Personal Investments
Topic: Help placing limit order for BND
Replies: 52
Views: 4195

Re: Help placing limit order for BND

I honestly don't know. The one thing I'm not seeing here so far is people saying things like, "When I place $300K trades, I do X". Lots folks here will have good suggestions based on actual experience on how to trade 100 or 200 shares of BND. 4000 shares may well be different. Just did th...
by fanmail
Mon Nov 14, 2016 5:47 pm
Forum: Investing - Theory, News & General
Topic: Why are bonds dropping? They are supposed to be safe.
Replies: 171
Views: 24440

Re: Why are bonds dropping? They are supposed to be safe.

Kevin's response above my post should be stickied for the brilliant simplicity and reminder of how bonds function. Always a good reminder during turbulent times.
by fanmail
Mon Nov 14, 2016 11:07 am
Forum: Investing - Help with Personal Investments
Topic: Bonds suck
Replies: 46
Views: 7774

Re: Bonds suck

dbr wrote:The year to date total return of Vanguard total bond is about 5%. More to the point the growth of $10,000 for VBMFX is here: http://performance.morningstar.com/fund ... ture=en_US

The investor can decide if this is unsatisfactory behavior or not.


That YTD is not current. Bonds have fallen sharply in the last week. Should be more like 3% now.
by fanmail
Wed Oct 12, 2016 11:24 pm
Forum: Investing - Help with Personal Investments
Topic: If i want to invest in gold (metal), what is the best way?
Replies: 128
Views: 11268

Re: If i want to invest in gold (metal), what is the best way?

I believe the term is risk averse.

In the US, the $20 has been the most commonly counterfeited.
by fanmail
Wed Oct 12, 2016 10:52 pm
Forum: Personal Finance (Not Investing)
Topic: Best way to get gold when it is low
Replies: 10
Views: 1326

Re: Best way to get gold when it is low

Locking in a price now for a future expense, sounds like a hedge. You could buy gld or some other etf, and then sell it when it's time to get the physical. Just keep in mind that you're locking in a price, so you should be happy with that price regardless of what price does between your etf hedge an...
by fanmail
Tue Aug 30, 2016 9:48 pm
Forum: Personal Finance (Not Investing)
Topic: The Richest Man in Babylon
Replies: 29
Views: 6151

Re: The Richest Man in Babylon

I read the book a long time ago, at least fifteen years ago. My recollection is that I didn't think that much of it, although I can't remember why. It's funny you say that because I thought the same thing when I read it. I had heard so many people recommend it, I thought it was going to be life-cha...
by fanmail
Thu Aug 11, 2016 11:52 am
Forum: Investing - Help with Personal Investments
Topic: Going short to negate going long [socially responsible investing]
Replies: 59
Views: 3905

Re: Going short to negate going long [socially responsible investing]

What powers the electronic device that you are engaging in this discussion on?
by fanmail
Thu Jul 21, 2016 12:43 pm
Forum: Investing - Theory, News & General
Topic: 3% cd
Replies: 23
Views: 4196

Re: 3% cd

This is a 7 year cd, right? You forgot to mention that.
by fanmail
Mon Jun 27, 2016 12:39 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 4184
Views: 1116769

Re: U.S. stocks in freefall

flyersrule wrote:
fanmail wrote:Yeah, those are Friday's prices. Futures markets will open at 6 est.

http://m.investing.com/indices/indices-futures

Why are these changing then?


6 pm est, so yeah they should have been changing at midnight.
by fanmail
Sun Jun 26, 2016 3:41 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 4184
Views: 1116769

Re: U.S. stocks in freefall

Yeah, those are Friday's prices. Futures markets will open at 6 est.
by fanmail
Thu Jun 23, 2016 10:57 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 4184
Views: 1116769

Re: U.S. stocks in freefall

S&P futures now down 100 points.
by fanmail
Thu Jun 23, 2016 9:50 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 4184
Views: 1116769

Re: U.S. stocks in freefall

Brexit is bringing this thread back, unfortunately. Futures down 3% right now. Pound getting destroyed. Bonds getting bought like crazy.
by fanmail
Wed Jun 15, 2016 10:52 am
Forum: Personal Finance (Not Investing)
Topic: Didn't Pay Off the Mortgage Today
Replies: 85
Views: 9652

Re: Didn't Pay Off the Mortgage Today

Grabiner, I got 6% from the portion I bolded. You said hold a mortgage while investing in a bond portfolio generating 1K/month for less than 200K invested. That seems unrealistic in current rate world. That is not a 6% yield, because you would deplete the portfolio over time, ending the withdrawals...
by fanmail
Tue Jun 14, 2016 11:10 pm
Forum: Personal Finance (Not Investing)
Topic: Didn't Pay Off the Mortgage Today
Replies: 85
Views: 9652

Re: Didn't Pay Off the Mortgage Today

Grabiner, I got 6% from the portion I bolded. You said hold a mortgage while investing in a bond portfolio generating 1K/month for less than 200K invested. That seems unrealistic in current rate world.
by fanmail
Tue Jun 14, 2016 7:06 am
Forum: Personal Finance (Not Investing)
Topic: Didn't Pay Off the Mortgage Today
Replies: 85
Views: 9652

Re: Didn't Pay Off the Mortgage Today

If I die with a mortgage, I'll still be happy. The problem with retiring with a mortgage (and keeping until you die) is that this increases your required investments for retirement MORE than the loan itself (assuming you're going by the 4% rule). The 4% rule assumes inflation-adjusted withdrawals, ...
by fanmail
Sun Jun 12, 2016 8:03 am
Forum: Investing - Help with Personal Investments
Topic: I need some help to understand why I should invest in bonds at such a young age
Replies: 235
Views: 17949

Re: I need some help to understand why I should invest in bonds at such a young age

Lackey said what I was going to say much more eloquently. In particular, the Japanese and other markets which did not and are not following the 'stocks always recover' rule. There are some macro factors that make the US different from Japan/Italy/Greece etc, but stocks don't always win in the long r...
by fanmail
Thu Jun 09, 2016 2:22 pm
Forum: Investing - Theory, News & General
Topic: Crazy housing market
Replies: 77
Views: 11169

Re: Crazy housing market

The demand in Seattle is a byproduct of very high population growth and very high economic growth/job growth. There are many people moving there and a lot of them are for good, high paying jobs. Thus demand is outstripping supply and prices are rising rapidly while inventory stays very low. That's ...
by fanmail
Sun May 29, 2016 2:49 pm
Forum: Personal Finance (Not Investing)
Topic: What % of salary should be allocated to rent for college grad?
Replies: 13
Views: 1439

Re: What % of salary should be allocated to rent for college grad?

Darling son.

OP, please try to avoid touching the inheritance if you can.
by fanmail
Sun May 29, 2016 2:44 pm
Forum: Personal Consumer Issues
Topic: Which HBO show to watch next?
Replies: 72
Views: 6862

Re: Which HBO show to watch next?

Boardwalk Empire would probably be worth your time as well.
by fanmail
Sun May 29, 2016 2:42 pm
Forum: Personal Consumer Issues
Topic: Which HBO show to watch next?
Replies: 72
Views: 6862

Re: Which HBO show to watch next?

Soli wrote:Not HBO, but two series I liked very much are Fargo (both seasons are great) and Better Call Saul (prequel to Breaking Bad).


Better Call Saul is the best show on tv right now. I highly recommend it to anyone who likes darker stuff.

As for OP, I would go Deadwood.
by fanmail
Fri May 27, 2016 1:44 pm
Forum: Personal Finance (Not Investing)
Topic: Pride in no inheritance to kids?
Replies: 233
Views: 5678

Re: Pride in no inheritance to kids?

There is no such thing as a level playing field.
by fanmail
Sun May 22, 2016 9:17 pm
Forum: Personal Finance (Not Investing)
Topic: Pride in no inheritance to kids?
Replies: 233
Views: 5678

Re: Pride in no inheritance to kids?

That's dangerous for several reasons. Are you withdrawing 1k/day from an atm? What does the recipient do with that kind of cash?
by fanmail
Fri May 20, 2016 12:16 pm
Forum: Investing - Help with Personal Investments
Topic: Fed rate hike's affect to CD
Replies: 14
Views: 1832

Re: Fed rate hike's affect to CD

The fed hasn't raised rates in 2016. They raised a .25% in Dec 15. They may raise again in June or Sept probably the same .25%. There is also not a direct correlation between fed overnight rate and 5 year CD rates, either. Long story short, nobody knows nothin, so buy your next one whenever.
by fanmail
Wed May 18, 2016 7:17 am
Forum: Personal Consumer Issues
Topic: When is cash better than plastic?
Replies: 74
Views: 8672

Re: When is cash better than plastic?

At a casino
by fanmail
Sat Apr 23, 2016 9:02 am
Forum: Investing - Help with Personal Investments
Topic: Million? [Will I get there]
Replies: 43
Views: 7735

Re: Million? [Will I get there]

Do you know your annual expenses and what you expect them to be in retirement? If you have 30x expenses or more, you are well on your way. You could use a retirement calculator like firecalc to simulate whether you have enough, using estimates for social security, etc.
by fanmail
Mon Apr 18, 2016 8:20 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 4184
Views: 1116769

Re: U.S. stocks in freefall

If you think stocks are going down 70% or more, you should be massively short right now.
by fanmail
Fri Apr 08, 2016 5:10 pm
Forum: Personal Consumer Issues
Topic: Buying a House - SF Bay Area [bayareabuyer]
Replies: 53
Views: 8382

Re: Buying a House - SF Bay Area [bayareabuyer]

All of this says nothing of the fact that your monthly payment will be roughly double your rent.
by fanmail
Fri Apr 08, 2016 5:04 pm
Forum: Personal Consumer Issues
Topic: Buying a House - SF Bay Area [bayareabuyer]
Replies: 53
Views: 8382

Re: Buying a House - SF Bay Area [bayareabuyer]

I can't predict bubbles, but house price/income ratio is steeper and has risen faster there than just about anywhere in the US. If you can find a house that's 5x cheaper and a job that's 2x less and you have millions behind you when you go, seems like a smart decision to me.
by fanmail
Fri Apr 08, 2016 1:54 pm
Forum: Personal Consumer Issues
Topic: Buying a House - SF Bay Area [bayareabuyer]
Replies: 53
Views: 8382

Re: Buying a House - SF Bay Area [bayareabuyer]

Personally, I would try to keep banking $250k/year and not chase housing prices higher. In several years, you will be multi-millionaires and can move to anywhere else and start lives with new jobs in great school districts that you aren't priced out of. I say this as a casual observer of what appear...
by fanmail
Wed Apr 06, 2016 10:08 pm
Forum: Personal Consumer Issues
Topic: What passive things you do beside investing??
Replies: 44
Views: 4772

Re: What passive things you do beside investing??

reriodan wrote:breathe :D


:thumbsup
by fanmail
Sat Apr 02, 2016 1:03 pm
Forum: Personal Finance (Not Investing)
Topic: SF Bay Area Housing: Listing agent underpricing
Replies: 58
Views: 5547

Re: SF Bay Area Housing: Listing agent underpricing

Then why do sellers have to agree and sign the buyer's contract to make a sale a contractual agreement? Seems like an unnecessary step if all it takes is a buyer matching the listing price. The listing price is not a blank piece of paper for any buyer to just sign and buy at full price.
by fanmail
Thu Mar 03, 2016 7:52 am
Forum: Personal Finance (Not Investing)
Topic: Calculating Home Equity
Replies: 23
Views: 2127

Re: Calculating Home Equity

.95 * (value of inputs / # of inputs) - any mortgage debt = equity

Inputs can include purchase price, county assessment, zestimate, comps, independent appraisal. .95 assumes 5% realtor fees. You can adjust the formula to fit your situation.
by fanmail
Sat Feb 20, 2016 1:00 pm
Forum: Personal Finance (Not Investing)
Topic: Replacement for AMEX COSTCO: AMEX Blue Cash Everyday?
Replies: 12
Views: 1425

Re: Replacement for AMEX COSTCO: AMEX Blue Cash Everyday?

Both the Citi 1%+1% and new Fidelity Visa 2% are good everywhere. We use the Amex Blue Preferred for 6% on groceries and PenFed's 5% Gas Card. Certain quarters I will use Discover for 5% on resturants and such. It's a game and I like to play it for > $2130 in CASH rewards last year. this is how it ...
by fanmail
Wed Feb 17, 2016 9:39 pm
Forum: Personal Finance (Not Investing)
Topic: Applied for 100 jobs, no callbacks. What's up?
Replies: 103
Views: 11289

Re: Applied for 100 jobs, no callbacks. What's up?

Have you considered using a recruiter that specializes in your field of interest? Recruiters frequently have access to jobs that are not on the web and you also have the ability to get feedback from them regarding your resume and company's interest in your experiences. The Judge Group is one recrui...
by fanmail
Tue Feb 16, 2016 2:17 pm
Forum: Investing - Theory, News & General
Topic: Prosper.com Update Total Return
Replies: 39
Views: 5581

Re: Prosper.com Update Total Return

Super tax inefficient and no account of significant size belongs in taxable. Can you elaborate on this, please? What's to elaborate on? The entire return is fully taxable at your marginal rate. That's by definition the least tax efficient asset class. High return + Very tax-inefficient = put it in ...
by fanmail
Mon Feb 15, 2016 3:50 pm
Forum: Investing - Theory, News & General
Topic: Prosper.com Update Total Return
Replies: 39
Views: 5581

Re: Prosper.com Update Total Return

EmergDoc wrote:Super tax inefficient and no account of significant size belongs in taxable.


Can you elaborate on this, please?
by fanmail
Thu Feb 04, 2016 2:21 pm
Forum: Personal Finance (Not Investing)
Topic: How to get a 200k+/year job?
Replies: 107
Views: 14524

Re: How to get a 200k+/year job?

Move to San Fran or New York. Look for a job that pays a ton but requires 80 hour work weeks. That is the easiest way to get there. Sounds terrible though.
by fanmail
Thu Feb 04, 2016 1:56 pm
Forum: Investing - Theory, News & General
Topic: Does net worth and age determine % bond allocation?
Replies: 53
Views: 6934

Re: Does net worth and age determine % bond allocation?

I agree with both of you that one should not try to accumulate more just for the sake of having more. But your suggestions assume that retireing is the ultimate goal and that work is just the means to achieve it. Retirement does not mean "not working". It means not being required to. FI m...
by fanmail
Fri Jan 15, 2016 3:25 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 4184
Views: 1116769

Re: U.S. stocks in freefall

walletless wrote:Good sale going on at Wall Street! It may not be liquidation sale, but its a pretty good discount :-)


Problem is your own inventory is also being marked down at the same time.
by fanmail
Mon Dec 21, 2015 12:08 am
Forum: Personal Consumer Issues
Topic: Should I just give my wife (folded) money?
Replies: 76
Views: 11194

Re: Should I just give my wife (folded) money?

Epsilon deltas posts itt are amazing. Also agree with nisiprius that every relationship is different when it comes to gifts. Some find it pointless, others must go all out. Depends on your love language.
by fanmail
Fri Dec 11, 2015 4:58 pm
Forum: Personal Finance (Not Investing)
Topic: Getting a bonus this year?
Replies: 75
Views: 10348

Re: Getting a bonus this year?

If you work at Hilcorp, you're getting 100k.