Search found 292 matches

by sreynard
Mon Jun 18, 2018 12:45 pm
Forum: Personal Finance (Not Investing)
Topic: Paying off mortgage early
Replies: 43
Views: 3683

Re: Paying off mortgage early

I have absolutely no idea what you mean. Can you not explain what you meant that passing away with a big mortgage at a ripe old age is sub-optimal? I'm not trying to argue - just trying to understand. Looking forward with a long runway I think it is a better solution to not have a mortgage as you a...
by sreynard
Fri Jun 15, 2018 2:32 pm
Forum: Personal Finance (Not Investing)
Topic: Paying off mortgage early
Replies: 43
Views: 3683

Re: Paying off mortgage early

I have absolutely no idea what you mean. Can you not explain what you meant that passing away with a big mortgage at a ripe old age is sub-optimal? I'm not trying to argue - just trying to understand. Looking forward with a long runway I think it is a better solution to not have a mortgage as you a...
by sreynard
Fri Jun 01, 2018 2:07 pm
Forum: Investing - Theory, News & General
Topic: Investment money is "Fungible"
Replies: 82
Views: 5785

Re: Investment money is "Fungible"

Remembering that money is fungible helps you avoid mental accounting. https://www.investopedia.com/university/behavioral_finance/behavioral5.asp Mental accounting refers to the tendency people have to separate their money into different accounts based on miscellaneous subjective criteria, including...
by sreynard
Thu May 17, 2018 1:55 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Value Premium Lives!
Replies: 39
Views: 3107

Re: Larry Swedroe: Value Premium Lives!

Being totally selfish, the more people who don't believe in the value premium, the larger it is likely to be. So I'm OK with y'all concluding it is a bunch of Edward Jones. :wink: I'm not saying the value premium does not exist, I'm saying most investors don't have the patience to capture it. Paul ...
by sreynard
Wed May 16, 2018 6:09 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Value Premium Lives!
Replies: 39
Views: 3107

Re: Larry Swedroe: Value Premium Lives!

Mr. Swedroe's Conclusion: "My conclusion is that the most recent 10 years of performance is likely just another of those occasionally occurring but fairly long periods in which the value premium is negative." It is difficult (and expensive) to try to "beat the market." Best wishes. Taylor Elvis Liv...
by sreynard
Wed May 16, 2018 5:47 pm
Forum: Investing - Help with Personal Investments
Topic: Friend says "Stock market will crash, invest in silver" - thoughts?
Replies: 127
Views: 8455

Re: Friend says "Stock market will crash, invest in silver" - thoughts?

Culbretd wrote:
Wed May 16, 2018 5:01 pm
His friend is a pension fund manager, very knowledgeable about the stock market. Yes I'm being serious that is really who his friend is.
If his friend follows his own advice with the pension, the OP will probably have to visit with him in jail.... :shock:
by sreynard
Wed May 16, 2018 3:36 pm
Forum: Personal Finance (Not Investing)
Topic: Do I tell Social Security I retired?
Replies: 32
Views: 4114

Re: Do I tell Social Security I retired?

I'll be eligible for benefits in January, still haven't decided to start then or not. Delay that as long as possible. The longer the delay, the more the pay. Not if the beneficiary(s) dies at a young age. If the beneficiary dies young, they aren't going to care much about their social security chec...
by sreynard
Wed May 16, 2018 2:51 pm
Forum: Investing - Theory, News & General
Topic: Good Small to Medium Size Affordable Brokers?
Replies: 6
Views: 668

Re: Good Small to Medium Size Affordable Brokers?

No idea. Been at Schwab for 30 years and never dealt with customer service. Only time I ever talked to anyone there was when I started to open an tIRA for my wife, but didn't complete it. A service guy called me the next day and asked if I needed any help. I told him I didn't and he said, "OK," and ...
by sreynard
Wed May 16, 2018 12:29 pm
Forum: Investing - Help with Personal Investments
Topic: Friend says "Stock market will crash, invest in silver" - thoughts?
Replies: 127
Views: 8455

Re: Friend says "Stock market will crash, invest in silver" - thoughts?

Yes, you should listen to your friend and bet your farm on it. Then tell us how it goes. Sometimes people learn things the hard way. And you should hope it doesn't go well. You stand to lose much more in the long run if you are right this time and start thinking you or your friend knows what you're...
by sreynard
Wed May 16, 2018 10:45 am
Forum: Personal Finance (Not Investing)
Topic: Do I tell Social Security I retired?
Replies: 32
Views: 4114

Re: Do I tell Social Security I retired?

...If you wait till 70, much of SS is taxes away because of RMD, no? thanks. You might want to clarify your question. 85% of my SS is subject to Federal income tax, both before and after I start RMDs. But situations vary considerably... My question is if you have an abundance of 401k money (whateve...
by sreynard
Wed May 16, 2018 10:24 am
Forum: Personal Finance (Not Investing)
Topic: Do I tell Social Security I retired?
Replies: 32
Views: 4114

Re: Do I tell Social Security I retired?

Since once upon a time SS benefits were tax free at the Federal level, I think it may be short-sighted to consider 85% of benefits being taxable to be a discount, compliments of Congress... Yes, people don't know the history. The government gives you (your) money with one hand, and then takes some ...
by sreynard
Wed May 16, 2018 10:09 am
Forum: Personal Finance (Not Investing)
Topic: Do I tell Social Security I retired?
Replies: 32
Views: 4114

Re: Do I tell Social Security I retired?

I'll be eligible for benefits in January, still haven't decided to start then or not. Delay that as long as possible. The longer the delay, the more the pay. Not if the beneficiary(s) dies at a young age. If the beneficiary dies young, they aren't going to care much about their social security chec...
by sreynard
Wed May 16, 2018 8:59 am
Forum: Personal Consumer Issues
Topic: Why this problem never gets fixed [Inflated medical product prices]
Replies: 33
Views: 2356

Re: Why this problem never gets fixed

In order to fix a problem, you have to first understand the root cause of that problem. Assuming the parties involved are rational, hospitals inflate prices because they have determined that they need to. Insurance companies go along with it because they have determined that the hospitals are correc...
by sreynard
Tue May 15, 2018 11:35 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 6683
Views: 1448989

Re: U.S. stocks in freefall

Sorry man. I don't think that way. About the only thing I do consistently is NOT follow the crowd. Been doing it all my life. Retired from work at 42 in 2007. I invest my money for a living. Basically, I study conventional wisdom, then reject it. It's a great way to get rich. Enough money to retire...
by sreynard
Tue May 15, 2018 11:19 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 6683
Views: 1448989

Re: U.S. stocks in freefall

Sorry man. I don't think that way. About the only thing I do consistently is NOT follow the crowd. Been doing it all my life. Retired from work at 42 in 2007. I invest my money for a living. Basically, I study conventional wisdom, then reject it. It's a great way to get rich. While I think that a g...
by sreynard
Tue May 15, 2018 2:48 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 6683
Views: 1448989

Re: U.S. stocks in freefall

ReformedSpender wrote:
Tue May 15, 2018 1:03 pm
Seems most have gotten over their volatility jitters. S&P, DOW and NAS all down over 1%, 10 yr bond up nearly 3% today.

Yet not a peep in here. Kudos!

:beer
Nope! The end is nigh! Dumped all my stock today. Heading for the hills....
by sreynard
Thu May 03, 2018 3:21 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 6683
Views: 1448989

Re: U.S. stocks in freefall

That's what I do all the time. Besides adjusting allocation, I use ETFs and prefer not to have fractional shares. OK, that's a reason I didn't think of! My broker and Quicken keep track of those for me, so I've never concerned myself with them. The reason that I don't want fractionals is that I mov...
by sreynard
Thu May 03, 2018 2:40 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 6683
Views: 1448989

Re: U.S. stocks in freefall

Overall agree but since when were buybacks a "good" thing? This is all too common these days imo. Look at recent Apple news. One Hundred BILLION dollar buyback authorized. They couldn't think of one single thing to spend that money on to fuel further growth their business further? I look at stock b...
by sreynard
Thu May 03, 2018 12:41 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 6683
Views: 1448989

Re: U.S. stocks in freefall

And the advantage of that would be? If your knowledge and skill is so great you know what to buy and when why not just day trade? Why just restrict yourself to dividends? :shock: The only two reasons I could see to turn off auto reinvestment is, 1. I need the money (retired), or 2. I want to rebala...
by sreynard
Thu May 03, 2018 10:58 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 6683
Views: 1448989

Re: U.S. stocks in freefall

Wondering about auto " dividend reinvestment " in this volatile/rabbit market. Still new to this, but considering switching dividends to cash & rebalancing funds manually within the tax advantaged account. :?: Any thoughts or words of wisdom here ? (thanks in advance) That's what I do all the time....
by sreynard
Thu May 03, 2018 10:42 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 6683
Views: 1448989

Re: U.S. stocks in freefall

Wondering about auto " dividend reinvestment " in this volatile/rabbit market. Still new to this, but considering switching dividends to cash & rebalancing funds manually within the tax advantaged account. :?: Any thoughts or words of wisdom here ? (thanks in advance. I know that reactivity to mark...
by sreynard
Thu Apr 19, 2018 2:29 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 6683
Views: 1448989

Re: U.S. stocks in freefall

Literally, everything but the kitchen sink was thrown at the financial crisis to prevent a second Great Recession. Probably when we weren't looking, probably the kitchen sink was thrown in too. Pretty amazing things happened. I don't think that's really true. I mean yes, a remarkable amount of inte...
by sreynard
Mon Mar 26, 2018 8:20 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 6683
Views: 1448989

Re: U.S. stocks in freefall

I haven't been a member of this forum for all so long. Do people here normally get this amped up over market volatility? What about the "stay the course/steady as she goes" Boglehead ethos? Or is this just something to talk about lest the forum be dull otherwise? The later. Yup. Good investing is u...
by sreynard
Fri Mar 23, 2018 10:49 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 6683
Views: 1448989

Re: U.S. stocks in freefall

I haven't been a member of this forum for all so long. Do people here normally get this amped up over market volatility? What about the "stay the course/steady as she goes" Boglehead ethos? Or is this just something to talk about lest the forum be dull otherwise? The later. Yup. Good investing is u...
by sreynard
Thu Feb 22, 2018 11:09 pm
Forum: Investing - Theory, News & General
Topic: "Bogleheads.org" by Kristine Hayes"
Replies: 60
Views: 9108

Re: "Bogleheads.org" by Kristine Hayes"

Entering any of the three abbreviations plus "personal finance" in a search engine such as Google provides results in an entire first page of results directly related to what those terms are. A wise man once said to learn how to fish. I don't know of any wise man that said to learn how to fish, but...
by sreynard
Wed Feb 21, 2018 9:50 am
Forum: Personal Consumer Issues
Topic: Do you wear a wedding band? [at a job interview]
Replies: 157
Views: 10555

Re: Do you wear a wedding band? [at a job interview]

As a married man, with the exception of a job where safety or sanitation was a concern (mechanic, machinist, etc.), any place that gave an interview advantage to me for not wearing a wedding ring would not be an appropriate place for me to work. For better or worse, and all that.... Most of the men...
by sreynard
Tue Feb 20, 2018 10:44 pm
Forum: Personal Consumer Issues
Topic: Do you wear a wedding band? [at a job interview]
Replies: 157
Views: 10555

Re: Do you wear a wedding band? [at a job interview]

VictoriaF wrote:
Mon Feb 19, 2018 9:55 pm
togb wrote:
Mon Feb 19, 2018 9:52 pm
However, I would advise against a nose ring.
And cheek rings are too cheeky,

Victoria
I don't even want to hear your description of other locations.... :wink:
by sreynard
Tue Feb 20, 2018 10:42 pm
Forum: Personal Consumer Issues
Topic: Do you wear a wedding band? [at a job interview]
Replies: 157
Views: 10555

Re: Do you wear a wedding band? [at a job interview]

As a married man, with the exception of a job where safety or sanitation was a concern (mechanic, machinist, etc.), any place that gave an interview advantage to me for not wearing a wedding ring would not be an appropriate place for me to work. For better or worse, and all that.... Most of the men ...
by sreynard
Mon Feb 12, 2018 1:52 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 6683
Views: 1448989

Re: U.S. stocks in freefall

MichaelRpdx wrote:
Sun Feb 11, 2018 8:06 pm
Hey, I've been vacationing for a week and not watching the news. Have I missed anything?
Nope, all quiet on the western front.... A few people got excited and started running around in circles, but nothing significant. Just the normal noise....

Hope you had a good time. :sharebeer
by sreynard
Sat Feb 10, 2018 2:23 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 6683
Views: 1448989

Re: U.S. stocks in freefall

:!: Poof....lost a comma ......just like that.... gone.......... :shock: Gosh.....I miss that second comma........... :( Was it an Oxford one ? .......No....it's a regular one........but I think I'm in a common coma from the loss of the common comma......... :oops: A just common comma induced coma....
by sreynard
Fri Feb 09, 2018 9:30 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 6683
Views: 1448989

Re: U.S. stocks in freefall

Nothing has changed for me. I'll reallocate at the end of the quarter like I always do. My vanguard automatic investment is still buying and I'm still not worrying about it. It's super boring investing like a boglehead, but I prefer that to spending energy trying to time the market. I'm staying the...
by sreynard
Fri Feb 09, 2018 6:23 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 6683
Views: 1448989

Re: U.S. stocks in freefall

Nothing has changed for me. I'll reallocate at the end of the quarter like I always do. My vanguard automatic investment is still buying and I'm still not worrying about it. It's super boring investing like a boglehead, but I prefer that to spending energy trying to time the market. I'm staying the...
by sreynard
Fri Feb 09, 2018 3:58 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 6683
Views: 1448989

Re: U.S. stocks in freefall

This market is starting to give me motion sickness. Up, down, up, down... Urp!...
by sreynard
Fri Feb 09, 2018 3:56 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 6683
Views: 1448989

Re: U.S. stocks in freefall

Is there such thing as a triple bottom? Yup! https://www.investopedia.com/terms/t/triplebottom.asp But maybe we're forming a complex reverse head and shoulder bottom ( http://thepatternsite.com/chsb.html ). The fact that some internet site or book has been published about something does not mean th...
by sreynard
Fri Feb 09, 2018 3:47 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 6683
Views: 1448989

Re: U.S. stocks in freefall

Is there such thing as a triple bottom? Yup! https://www.investopedia.com/terms/t/triplebottom.asp But maybe we're forming a complex reverse head and shoulder bottom ( http://thepatternsite.com/chsb.html ). You can probably find a pattern for whatever you're looking for, and it might make perfect s...
by sreynard
Fri Feb 09, 2018 3:39 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 6683
Views: 1448989

Re: U.S. stocks in freefall

saltycaper wrote:
Fri Feb 09, 2018 2:01 pm
El Greco wrote:
Thu Feb 08, 2018 5:30 pm
I'm hearing a lot of whistling past the graveyard here.
"Hell of a grave. Wish it were mine." --Royal Tenenbaum
It must be a real popular place. People are just dying to get in.
by sreynard
Fri Feb 09, 2018 3:27 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 6683
Views: 1448989

Re: U.S. stocks in freefall

VictoriaF wrote:
Fri Feb 09, 2018 12:46 pm
letsgobobby wrote:
Fri Feb 09, 2018 12:45 pm
I personally believe this selloff is the start of something big.

Either that, or we are close to the end of this selloff.

:P
Or the end will be big.

Victoria
Or this is the big end of the beginning.
Or the end of the big beginning?
by sreynard
Fri Feb 09, 2018 10:57 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 6683
Views: 1448989

Re: U.S. stocks in freefall

I understand all BH points - buy/hold; can't time market; index only; diversify. But, my take on this whole market thing is - it's no different from Bitcoin. All I hear about is "concerns about..... made the market fall". But none of us BH's have "concerns". We just sit there and buy/hold and balan...
by sreynard
Thu Feb 08, 2018 11:08 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 6683
Views: 1448989

Re: U.S. stocks in freefall

Haven't you been paying attention in the past lew years? Valuations are outdated. Bogleheads know that valuations don't matter, ever. At least that's the impression I have been getting from reading Bogleheads.com in the last few years. No, Bogleheads know that valuations aren't actionable . I hope ...
by sreynard
Thu Feb 08, 2018 10:50 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 6683
Views: 1448989

Re: U.S. stocks in freefall

CULater wrote:
Thu Feb 08, 2018 9:49 pm
No one rings a bell when the market turns like it did a couple of weeks ago.
I rang a bell -- you didn't hear it? Oh, Wait. That was just the sound my head made when I banged it into the liftgate on my vehicle. Guess I should have sold.
You need to be more careful. Truck OK?
by sreynard
Thu Feb 08, 2018 6:21 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 6683
Views: 1448989

Re: U.S. stocks in freefall

Fundamentals are good - no recession in site - let it ride Yes, all of the fundamentals are solid. We're at practically full employment and the purchasing managers index is at 59.1. No one knows anything with certainty, but I suspect that this correction is likely to be a relatively short one. That...
by sreynard
Thu Feb 08, 2018 3:58 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 6683
Views: 1448989

Re: U.S. stocks in freefall

Dow 14,000 by 2019-20. Here we go. This year's Bogleheads contest will be won by a contrarian. Absolutely maybe. To make a decisive prediction, it will end the year above or below today's close. OK, I'm taking exactly equal. Between us we have an iron clad forecast. Sorry, is 14,000 up or down? :co...
by sreynard
Thu Feb 08, 2018 3:50 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 6683
Views: 1448989

Re: U.S. stocks in freefall

It's okay. The buyers went to lunch. They'll be back before close. Buyers are starting to come back from the sushi bar. The sushi was exceptional. Buyers rushing to exits as they discover the sushi tasted great but actually was spoiled. There seems to be a long line at the restroom door. Maybe they...
by sreynard
Tue Feb 06, 2018 3:22 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 6683
Views: 1448989

Re: U.S. stocks in freefall

rebalancing = buying/selling assets to move towards a pre-determined allocation when market gains/loses have triggered a need to do so, generally by a pre-determined rebalancing criteria timing = buying/selling assets because of a belief that you have foreknowledge of the market direction and are o...
by sreynard
Tue Feb 06, 2018 2:05 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 6683
Views: 1448989

Re: U.S. stocks in freefall

Earl Lemongrab wrote:
Tue Feb 06, 2018 1:52 pm
It's all my fault, sorry. I retired on 2/1, so once the market heard, well, you saw what happened.
Congratulations Earl! Hopefully the remainder of your retirement won't be so "exciting". :D

Wish I could join you.... :sharebeer
by sreynard
Tue Feb 06, 2018 10:25 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 6683
Views: 1448989

Re: U.S. stocks in freefall

First it's great that this thread has been running since 2011... Hope to check back in a year or 10 on it. I'm feeling like current horror sequel is "International Stocks in Freefall Too* I was thinking along the lines of @parsi1 's post, about the arguable value of international. As of late, there...
by sreynard
Tue Feb 06, 2018 10:07 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 6683
Views: 1448989

Re: U.S. stocks in freefall

Hi all, Long time lurker, first time poster. The Bogleheads.org site is such a wealth of information, I learned how to set up an IPS, how to decide upon my asset allocation, the reason for having Bonds (that took me quite a while I'll admit...) and how to set comfortable rebalancing bands and inter...
by sreynard
Mon Feb 05, 2018 10:03 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 6683
Views: 1448989

Re: U.S. stocks in freefall

I thought posters were being sarcastic with the doom and gloom...I guess they weren't...stunned, this is all it takes for some to panic...I guess all that talk about visualizing stocks dropping 50% and not recovering for 5 years was taken as a joke by some...this? This is NOTHING! I am! I am! My sa...
by sreynard
Mon Feb 05, 2018 9:45 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 6683
Views: 1448989

Re: U.S. stocks in freefall

People need to stop wishing for a crash. At least out loud. Even if YOU don't get hurt, many people will. I've been thinking the exact same thing when I've been reading this thread for the past week. EXACTLY. Some of us are literally on the verge of retirement. Others are IN retirement. People like...
by sreynard
Mon Feb 05, 2018 4:01 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 6683
Views: 1448989

Re: U.S. stocks in freefall

For someone 25-30 yrs from retirement, with <100k in 401k, with plans of maxing out 2 401ks starting later this year, am I crazy in thinking this is a good thing? You're not crazy for thinking it's a good thing for you , but you'd be gauche to talk about it too loudly. Right, so type quietly.