Search found 706 matches

by MindBogler
Sat Mar 23, 2019 11:11 am
Forum: Investing - Theory, News & General
Topic: Long term treasuries as stock insurance
Replies: 10
Views: 493

Re: Long term treasuries as stock insurance

I think LTT are ideal for accumulators but that opinion might make me an apostate here.
by MindBogler
Tue Mar 19, 2019 8:16 pm
Forum: Investing - Theory, News & General
Topic: Passive investing now controls nearly half the US stock market
Replies: 26
Views: 2138

Re: Passive investing now controls nearly half the US stock market

The problem with all these discussions is they seem to presuppose that all investors currently indexing are in the same phase: buy and hold. We know that is false and it always will be. People, for various reasons, are both accumulating and selling simultaneously. Indexers aren't a giant hive mind a...
by MindBogler
Sun Mar 17, 2019 8:29 pm
Forum: Personal Consumer Issues
Topic: Paris - Is It Safe?
Replies: 143
Views: 8427

Re: Paris - Is It Safe?

Do you have any evidence US violent crimes are any more "committed in a few geographical areas or between acquaintances" than in France? I never said that it did. In fact I never mentioned France at all. Help me on to your train of thought! You wrote "The US is one of the safest countries on the pl...
by MindBogler
Sun Mar 17, 2019 7:34 pm
Forum: Personal Consumer Issues
Topic: Paris - Is It Safe?
Replies: 143
Views: 8427

Re: Paris - Is It Safe?

Seasonal wrote:
Sun Mar 17, 2019 6:43 pm
Do you have any evidence US violent crimes are any more "committed in a few geographical areas or between acquaintances" than in France?
I never said that it did. In fact I never mentioned France at all. Help me on to your train of thought!
by MindBogler
Sun Mar 17, 2019 6:14 pm
Forum: Personal Consumer Issues
Topic: Paris - Is It Safe?
Replies: 143
Views: 8427

Re: Paris - Is It Safe?

Is it safe? Safer than almost any city in the United States. The United States, in fact, is the most dangerous country I've been in, and I've been in quite a few. P.S. Gun ownership and homicide rates: https://www.pbs.org/newshour/nation/how-do-u-s-gun-laws-compare-to-other-countries Why stop with ...
by MindBogler
Sun Mar 03, 2019 8:02 pm
Forum: Personal Investments
Topic: When does the power of compounding interest really kick in?
Replies: 53
Views: 6060

Re: When does the power of compounding interest really kick in?

Compound interest “magic” or “power” is a bunch of hooey. If you invest $10k pre-tax and delay a 40% tax burden till the withdrawal, you don’t get anything extra than if you invested $6,000 post-tax over that same time period. It’s simple multiplication and the growth has a linear relationship with...
by MindBogler
Fri Feb 22, 2019 4:38 pm
Forum: Personal Finance (Not Investing)
Topic: Home Lab for start in IT Career
Replies: 21
Views: 1340

Re: Home Lab for start in IT Career

Given the trend towards cloud, I would not spend my money on hardware (cap ex) and instead focus on cloud services (op ex). Thanks for the tip, so no point to learn basic networking etc? You will absolutely need to know basic networking, tcp/ip troubleshooting, etc. Those things have become more co...
by MindBogler
Wed Feb 20, 2019 10:19 pm
Forum: Personal Finance (Not Investing)
Topic: 4% SWR - how confident are you?
Replies: 98
Views: 6089

Re: 4% SWR - how confident are you?

The odds are high that a 65 year old won't need their portfolio for 30 years. And even for an opposite gender couple of that age, there's an 84% likelihood according to the SSA that they'll both be gone by age 95. There's a whopping 20% likelihood that a 65 year old man won't even make it to 74. A ...
by MindBogler
Fri Jan 25, 2019 12:14 am
Forum: Personal Finance (Not Investing)
Topic: Too Much Savings for Income Manipulation for ACA Purposes?
Replies: 84
Views: 4863

Re: Too Much Savings for Income Manipulation for ACA Purposes?

But, it is not just the backdoor Roth. There are numerous income-limited tax benefits. Are you saying you believe all them to be "uncouth" if you have a lot of assets, but low income? If so, then at least you are consistent. If not, why does the ACA PTC get special scorn? I do believe them all to b...
by MindBogler
Thu Jan 24, 2019 11:34 pm
Forum: Personal Finance (Not Investing)
Topic: Too Much Savings for Income Manipulation for ACA Purposes?
Replies: 84
Views: 4863

Re: Too Much Savings for Income Manipulation for ACA Purposes?

So for rules you like, you attribute it to a mistake, but for ones you don't, you can read their intent? Got it... I think you should read what was written and respond to that instead of whatever strawman you have constructed here. I challenge you to describe where or when I have ever advocated for...
by MindBogler
Thu Jan 24, 2019 10:48 pm
Forum: Personal Finance (Not Investing)
Topic: Too Much Savings for Income Manipulation for ACA Purposes?
Replies: 84
Views: 4863

Re: Too Much Savings for Income Manipulation for ACA Purposes?

If Congress really wanted to restrict who could qualify for premium tax credits (the proper term) based on assets, they knew how to do that. Medicaid is a simple example. They chose not to do that. Instead, they specifically only included income restriction. People always love their own tax breaks,...
by MindBogler
Thu Jan 24, 2019 10:07 pm
Forum: Personal Finance (Not Investing)
Topic: Too Much Savings for Income Manipulation for ACA Purposes?
Replies: 84
Views: 4863

Re: Too Much Savings for Income Manipulation for ACA Purposes?

This "loophole" makes me very uneasy because it is clearly uncouth. It is so obviously against the spirit of the law. One should make arrangements for retirement which do not include nor require novelty strategies that are unlikely to persist for the duration. Call me crazy, but there is more to sl...
by MindBogler
Thu Jan 24, 2019 9:29 pm
Forum: Personal Finance (Not Investing)
Topic: Too Much Savings for Income Manipulation for ACA Purposes?
Replies: 84
Views: 4863

Re: Too Much Savings for Income Manipulation for ACA Purposes?

This "loophole" makes me very uneasy because it is clearly uncouth. It is so obviously against the spirit of the law. One should make arrangements for retirement which do not include nor require novelty strategies that are unlikely to persist for the duration. Call me crazy, but there is more to sle...
by MindBogler
Wed Jan 23, 2019 6:48 pm
Forum: Personal Finance (Not Investing)
Topic: Has anyone see an inheritance not go as planned? I would like to hear stories from others of what can go wrong.
Replies: 177
Views: 15925

Re: Has anyone see an inheritance not go as planned? I would like to hear stories from others of what can go wrong.

I saw our family which was very close nit and loving family ripped apart when Grandfather passed away and their children (my parents and aunts/uncles) disagreed on how to deal with the assets. No matter how close you think a family is ANY family can be ripped apart due to money (greed) and sentimen...
by MindBogler
Tue Jan 22, 2019 9:14 pm
Forum: Personal Finance (Not Investing)
Topic: Possible Relocation to Portland, OR
Replies: 37
Views: 4618

Re: Possible Relocation to Portland, OR

Nate79 wrote:
Tue Jan 22, 2019 7:36 am
My wife commuted every day from downtown area to southwest suburbs (Clackamas area). Minimum commute every day was 45min if traffic was good. Average was 1hr. From one end to another (say Beaverton to Clackamas) would be 1.5hr min as I did that many times.
+1
by MindBogler
Wed Jan 02, 2019 1:23 pm
Forum: Investing - Theory, News & General
Topic: Stop looking every day
Replies: 4
Views: 759

Re: Stop looking every day

+1

Looking all the time is a recipe for disaster for many people. I lost about 5pct as well on 60/40 for the 2018 year. So far not a really big deal but it could be worse.
by MindBogler
Sat Dec 22, 2018 11:40 am
Forum: Personal Finance (Not Investing)
Topic: How market timing will go wrong?
Replies: 62
Views: 3960

Re: How market timing will go wrong?

All the "missing N best days" posts are pretty much bunk unless at the same time they post about the "missing N worst days", too. It is better to miss the worst days. Unfortunately, the best and worst days tend to happen close together in time, so one who is out of the market misses both of them an...
by MindBogler
Fri Dec 21, 2018 9:06 pm
Forum: Investing - Theory, News & General
Topic: When did the musicians on the titanic realize their fate?
Replies: 132
Views: 9941

Re: When did the musicians on the titanic realize their fate?

There are a surprising number of people who seem ready to capitulate after a little turbulence. Stop looking at your accounts. The market is risky, it comes with the territory. Go take a walk and look again in 6 months.
by MindBogler
Thu Dec 20, 2018 9:32 pm
Forum: Personal Investments
Topic: Is anyone's portfolio not tanking???
Replies: 129
Views: 13370

Re: Is anyone's portfolio not tanking???

the US stock mkt has way outperformed INT'L over the last 20yrs or so That's why Bogle said YEARS AGO not to go there Now he says 20% max of your equity allocation STICK with your country And there are zero guarantees that it'll be exactly this way 20 years in the future. Diversification of assets ...
by MindBogler
Fri Dec 14, 2018 6:06 pm
Forum: Personal Finance (Not Investing)
Topic: Defining terms: Megacorp
Replies: 15
Views: 1059

Re: Defining terms: Megacorp

scottgekko wrote:
Fri Dec 14, 2018 4:22 pm
Image
"What would you say you do here?"

Thanks for the laugh,

:sharebeer
by MindBogler
Fri Dec 14, 2018 12:43 pm
Forum: Personal Finance (Not Investing)
Topic: Defining terms: Megacorp
Replies: 15
Views: 1059

Re: Defining terms: Megacorp

I think of MegaCorp as as >= Fortune 500 or similarly sized Global corporation. 2 quick points. Over the past 20 years there has been a acceleration of 2 trends. First, the very big has gotten bigger, faster, than the merely big. Second, the economic prospects of the company becomes more tether to ...
by MindBogler
Fri Dec 14, 2018 11:26 am
Forum: Personal Finance (Not Investing)
Topic: Defining terms: Megacorp
Replies: 15
Views: 1059

Re: Defining terms: Megacorp

I don't know what harm there is in not having a formal definition though, I don't think it needs precision, of what critical distinction is there between a "Megacorp" and a business that lies just below wherever you draw that line? I'm not sure that it needs to be defined precisely. I'm mostly curi...
by MindBogler
Fri Dec 14, 2018 9:55 am
Forum: Personal Finance (Not Investing)
Topic: Defining terms: Megacorp
Replies: 15
Views: 1059

Defining terms: Megacorp

I see this term used colloquially across the forum and yet it appears to be driven by the writer's assumptions. What defines a megacorp? Is it based on market capitalization? Whether or not it is publicly traded? When I see it, I tend to think of a Fortune 500 but maybe my assumptions are off base. ...
by MindBogler
Mon Dec 10, 2018 10:23 am
Forum: Investing - Theory, News & General
Topic: What are you up YTD? [Year To Date]
Replies: 2328
Views: 409261

Re: What are you up YTD? [Year To Date]

I don't track performance in aggregate across all of my accounts but my Vanguard sheet says -3.5% for the year. Most of my international developed and EM is in a 457b which shows almost -7% for the year. I have some other accounts with minor amounts compared to the overall portfolio. These two accou...
by MindBogler
Fri Dec 07, 2018 9:31 pm
Forum: Personal Finance (Not Investing)
Topic: YNAB: Age of Money
Replies: 21
Views: 2721

Re: YNAB: Age of Money

I allocate every dollar from last month to either savings or spending. I thought the point of YNAB was to live off last month's income. So I guess my age of money is ~30 days.
by MindBogler
Thu Dec 06, 2018 9:13 pm
Forum: Personal Finance (Not Investing)
Topic: Configuring withholdings with a large raise and new job
Replies: 2
Views: 248

Re: Configuring withholdings with a large raise and new job

When you begin the new job ask for Form W-4 (2018) and complete. This should give your employer the info to withhold an appropriate level for the balance of 2018 and 2019. Thanks, sometimes the obvious things can be hard. I guess I haven't filled out the full W-4 form and worksheet in a long time b...
by MindBogler
Thu Dec 06, 2018 8:55 pm
Forum: Personal Finance (Not Investing)
Topic: Configuring withholdings with a large raise and new job
Replies: 2
Views: 248

Configuring withholdings with a large raise and new job

I will be starting a new job before the end of the year which includes a substantial raise, on the order of 70%. I see two ways to deal with configuring my withholdings: 1. Leave them as-is for the year, as it doesn't change 2018 much, and run the 2019 calculators when available. 2. Forecast withhol...
by MindBogler
Tue Dec 04, 2018 4:26 pm
Forum: Personal Finance (Not Investing)
Topic: What to negotiate in offers
Replies: 45
Views: 3311

Re: What to negotiate in offers

A 50% pay bump is not something to scoff at and it will improve your financial situation dramatically. Tread very carefully in asking for more. Even when compensation has not been disclosed explicitly, do not be surprised if your new employer has some idea of what you currently make. Unless you are ...
by MindBogler
Tue Dec 04, 2018 1:59 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 10360
Views: 1826908

Re: U.S. stocks in freefall

by 2050 being a millionaire will be like telling someone today that you drive a 2 year old Camry. Nothing wrong with that, but not exactly impressive either. That's a little hyperbolic unless you think that inflation is going to run double or triple digits for an extended period of time. As it stan...
by MindBogler
Tue Dec 04, 2018 7:59 am
Forum: Personal Consumer Issues
Topic: Car Negotiation on MSRP?
Replies: 26
Views: 2337

Re: Car Negotiation on MSRP?

Make sure to negotiate a value before any incentives like cash or finance incentives. In many cases 15% off MSRP is reasonable and then there might be some cash back or a financing incentive on top that could push the deal to 20% or more. The key is patience and not being in a rush to buy. Be willin...
by MindBogler
Mon Dec 03, 2018 7:41 pm
Forum: Personal Finance (Not Investing)
Topic: How did YOU choose your career?
Replies: 149
Views: 9128

Re: How did YOU choose your career?

I never considered what I really wanted to do. I work in high tech and it just sort of happened. I've been working in IT in some capacity since before I could drive. As I grew older I matured into the enterprise IT space. It was something I was good at and it paid the bills. Over time it has exceede...
by MindBogler
Mon Dec 03, 2018 8:44 am
Forum: Personal Finance (Not Investing)
Topic: Do you get a year end bonus?
Replies: 78
Views: 5348

Re: Do you get a year end bonus?

10% base salary and a defined number of RSUs whose value can vary widely.
by MindBogler
Thu Nov 29, 2018 12:23 pm
Forum: Investing - Theory, News & General
Topic: Bogle Sounds a Warning on Index Funds
Replies: 103
Views: 19880

Re: Bogle Sounds a Warning on Index Funds

So let's be draconian and say the one fund company owns all equities, hence the complete total stock market. Almost sounds like public went private. Until they want to go public again and sell to the "outside". RM Well except for the fact that the mutual fund companies don't own anything, the indiv...
by MindBogler
Thu Nov 29, 2018 10:07 am
Forum: Personal Consumer Issues
Topic: Why you might want to reconsider buying a vehicle with direct fuel injection
Replies: 48
Views: 4328

Re: Why you might want to reconsider buying a vehicle with direct fuel injection

The only thing the guy in the video got wrong however is the reason no OEMs use oil catch cans. The real reason is emissions rules - the catch can still leaves an open atmosphere vent that can release some pollutants and that's not allowed anymore. Same reason fuel tanks a sealed air tight with one...
by MindBogler
Thu Nov 29, 2018 8:02 am
Forum: Personal Consumer Issues
Topic: Why you might want to reconsider buying a vehicle with direct fuel injection
Replies: 48
Views: 4328

Re: Why you might want to reconsider buying a vehicle with direct fuel injection

B4Xt3r wrote:
Thu Nov 29, 2018 7:59 am
Minor correction, the 2.7 ecoboost did not have the dual injection until 2018.
Thanks, that is good to know and I stand corrected.
by MindBogler
Thu Nov 29, 2018 7:48 am
Forum: Personal Consumer Issues
Topic: Why you might want to reconsider buying a vehicle with direct fuel injection
Replies: 48
Views: 4328

Re: Why you might want to reconsider buying a vehicle with direct fuel injection

Turbos aren't the problem. Certainly not alone. This is correct. Turbos can have extra problems due to increased crankcase pressure. All modern engines ingest crankcase vapors, oil and exhaust gas which leads to buildup on throttle plates and intakes. No fuel injection system cleans the intake in f...
by MindBogler
Thu Nov 29, 2018 7:44 am
Forum: Personal Consumer Issues
Topic: Why you might want to reconsider buying a vehicle with direct fuel injection
Replies: 48
Views: 4328

Re: Why you might want to reconsider buying a vehicle with direct fuel injection

Far as I know, most Toyotas use port and direct injection. But besides them, who else has port injection? Seems to limit choice considerably. Ford uses dual systems from 2017 onward on both the 2.7 and 3.5L turbo platforms. This also goes for Lincoln and Lexus as luxury brands of their parent compa...
by MindBogler
Wed Nov 28, 2018 10:30 pm
Forum: Personal Consumer Issues
Topic: Why you might want to reconsider buying a vehicle with direct fuel injection
Replies: 48
Views: 4328

Re: Why you might want to reconsider buying a vehicle with direct fuel injection

Quite a few direct injection motors also have port injectors to solve this exact problem. Toyota and Ford both do this and I'm sure others either do or will soon. It also turns out that port injectors are simply more efficient under certain engine loads like idle and cruise so a dual system makes pr...
by MindBogler
Tue Nov 27, 2018 7:36 pm
Forum: Personal Investments
Topic: Can someone explain what's going on [with the stock market]?
Replies: 96
Views: 13320

Re: Can someone explain what's going on [with the stock market]?

If it was so clear-cut, it should not depend on the mood of anything. Cause-and-effect should be more clear cut. In the short term markets are not rational. Daily price swings are largely driven by irrational behaviors. Somewhere in there the wisdom of crowds is supposed to override. I don't believ...
by MindBogler
Tue Nov 27, 2018 10:23 am
Forum: Personal Finance (Not Investing)
Topic: Should I go back to my 6 figure job?
Replies: 20
Views: 2463

Re: Should I go back to my 6 figure job?

Option C: Go back to Job A and then reassess in 1 year. If still unhappy then start looking for something else. However, I second the suggestion to negotiate something before considering a return. If PTO is out of the question then you should reach for higher pay. Don't be afraid to make a high, but...
by MindBogler
Sat Nov 24, 2018 8:31 pm
Forum: Personal Consumer Issues
Topic: [USPS.com security weakness exposed account data]
Replies: 12
Views: 1289

Re: [USPS.com security weakness exposed account data]

LadyGeek wrote:
Sat Nov 24, 2018 6:12 pm
I retitled the thread to clarify that the site was not hacked - no one intentionally broke into the site.
To be fair, that isn't known for certain either.
by MindBogler
Mon Nov 19, 2018 2:28 pm
Forum: Investing - Theory, News & General
Topic: Question for MDs: How much math required for med school?
Replies: 9
Views: 1063

Re: Question for MDs: How much math required for med school?

Phineas J. Whoopee wrote:
Mon Nov 19, 2018 1:57 pm
We have a lot of physicians here, a very few of whom make assertions I find bizarre.

How much undergraduate math is typically required for admission to medical school?

PJW
I think this would be more interesting with an example assertion, even if paraphrased. :twisted:
by MindBogler
Sun Nov 18, 2018 8:15 pm
Forum: Personal Consumer Issues
Topic: Laptop security - Mac OS or Windows
Replies: 42
Views: 2845

Re: Laptop security - Mac OS or Windows

Meaning it’s being actively patched because it’s under constant attack. Mac user here, never had a virus attack or similar issue. My lawyer once had to redo tens of thousands of work for me because his windows machine got corrupted with a virus. This was back during the Win95 era but still. It is u...
by MindBogler
Fri Nov 16, 2018 1:33 pm
Forum: Personal Consumer Issues
Topic: Home sale etiquette: wall repair
Replies: 53
Views: 3714

Re: Home sale etiquette: wall repair

We left our last home as-is. The only thing I did was thoroughly clean everything but that was done prior to listing. Our listing agent recommended against repairing sheetrock or paint as the buyers probably want their own colors anyway. We had no issues at all closing the sale.
by MindBogler
Wed Nov 14, 2018 8:40 pm
Forum: Investing - Theory, News & General
Topic: Are you all staying the course?
Replies: 114
Views: 7476

Re: Are you all staying the course?

Quick question about “rebalance bands”. Are these something you can actually set and get an alert (for example on Vanguard) or is this just something you keep track of yourself? I use a spreadsheet with conditional formatting to keep track. I'm sure there are other ways but this way is easy and it ...
by MindBogler
Wed Nov 14, 2018 8:03 pm
Forum: Investing - Theory, News & General
Topic: Are you all staying the course?
Replies: 114
Views: 7476

Re: Are you all staying the course?

I've been gliding to a 60/40 allocation from 80/20 for the last 18 months or so and I couldn't be happier. I went to 70/30 when the market was still up and then did a few more exchanges + new contributions to settle on 60/40. I think that is about right for me at this point in life.
by MindBogler
Wed Nov 14, 2018 7:56 pm
Forum: Personal Consumer Issues
Topic: Understanding the difference in cell phone OS types
Replies: 49
Views: 2691

Re: Understanding the difference in cell phone OS types

If you are considering iPhone vs Android I would recommend limiting your choices to Google branded phones (Pixel 2 or 3). The non-Google android devices are so dissimilar from one another, it is difficult to make a blanket generalization. Many of the non-Google phones do not receive regular security...