Search found 4 matches

by blumby
Sun Feb 17, 2013 3:06 pm
Forum: Investing - Theory, News & General
Topic: Convincing youngsters to save seriously
Replies: 12
Views: 1521

Re: Convincing youngsters to save seriously

I agree with DualIncomeNoDebt, I wouldn't consider late 20's "young" although I guess it's all relative. I think all you can do is continue to talk to them about it. You can't force them to invest. One thing my wife and I plan to do with our kids is once they start working match half of an...
by blumby
Thu Feb 07, 2013 9:56 pm
Forum: Investing - Help with Personal Investments
Topic: AAPL
Replies: 232
Views: 61769

Re: AAPL

AAPL is one reason why I'm now a Boglehead. In college I received about $8k that I decided to use to first get into the market. In my clueless mind, I thought I should buy a stock with it (yes, just A stock). I had heard about the iPhone and thought it was revolutionary, so I bought $8k of AAPL. It ...
by blumby
Thu Feb 07, 2013 9:09 pm
Forum: Investing - Theory, News & General
Topic: What % of your income are you saving for retirement?
Replies: 228
Views: 29538

Re: What % of your income are you saving for retirement?

Wife and I are 25 - we save about 12-13% ourselves and my company contributes 10% (6% match and 4% in lieu of pension). I'm hoping to bump up my 401k contribution a few percent this year if we can swing it. :greedy
by blumby
Sun Feb 03, 2013 11:32 am
Forum: Investing - Theory, News & General
Topic: Market "melt up" and the Airplane Game
Replies: 71
Views: 7779

Re: Market "melt up" and the Airplane Game

So the house percentage per day is 1 - 0.99^50 = about 40% per day. Annualized, thats... ...jeez, the Mac calculator displays 0.99^(50*365) as an exact zero . Google displays 0.99^(50*365) as 2.1993857e-80, or for fun: 0.000000000000000000000000000000000000000000000000000000000000000000000000000000...