Search found 129 matches

by ThereAreNoGurus
Mon Oct 01, 2018 5:21 pm
Forum: Investing - Theory, News & General
Topic: Economic reasons for rate increase by the Fed?
Replies: 71
Views: 6162

Re: Economic reasons for rate increase by the Fed?

We don't have a totally free market. Nor do we have a totally controlled or command economy. Immediately prior to the Great Depression, we were a good bit closer to a free market. It didn't work out so well. According to Milton Friedman the Great Depression was not due to a free market. He says the...
by ThereAreNoGurus
Mon Sep 17, 2018 8:55 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 7841
Views: 1609740

Re: U.S. stocks in freefall

Haven't you heard? We're going to go into a recession the second half of next year. You can take it to the bank.... Nice chart at MarketWatch today: https://farm2.staticflickr.com/1893/44364009251_20055175e1_o.jpg https://www.marketwatch.com/story/the-road-to-fresh-stock-market-highs-is-littered-wi...
by ThereAreNoGurus
Mon Sep 17, 2018 12:26 pm
Forum: Personal Consumer Issues
Topic: WSJ print edition renwal time - any discounts?
Replies: 68
Views: 4652

Re: WSJ print edition renwal time - any discounts?

Why would you go with that option? Further down the thread smectym suggested the following: I’d go with this (Amazon) deal, I think this is about what we pay. $119 for 1 year (print + digital) https://www.amazon.com/gp/offer-listing/B07D95MG15/ref=dp_olp_new_mbc?ie=UTF8&condition=new The 94% rating...
by ThereAreNoGurus
Mon Sep 17, 2018 11:40 am
Forum: Personal Consumer Issues
Topic: WSJ print edition renwal time - any discounts?
Replies: 68
Views: 4652

Re: WSJ print edition renwal time - any discounts?

Why would you go with that option? Further down the thread smectym suggested the following:
I’d go with this (Amazon) deal, I think this is about what we pay. $119 for 1 year (print + digital)

https://www.amazon.com/gp/offer-listing ... dition=new
by ThereAreNoGurus
Thu Sep 13, 2018 9:24 am
Forum: Personal Consumer Issues
Topic: WSJ print edition renwal time - any discounts?
Replies: 68
Views: 4652

Re: WSJ print edition renwal time - any discounts?

The page says "This item is out of stock."
by ThereAreNoGurus
Thu Sep 13, 2018 12:57 am
Forum: Personal Finance (Not Investing)
Topic: Lab test prices - exasperating!
Replies: 101
Views: 6053

Re: Lab test prices - exasperating!

I used this website once: www .lifeextension.com/Vitamins-Supplements/Blood-Tests/Blood-Tests +1 We *always* do our entire family annual tests (ie. purchase is April during Supersale, goto Quest/Labcorp inside next 6 months) there ... last time we purchased for everyone a 7-vial (..felt a bit faint...
by ThereAreNoGurus
Tue Aug 28, 2018 6:41 pm
Forum: Personal Finance (Not Investing)
Topic: Pros/Cons of using Living Trust Checking Acct
Replies: 4
Views: 594

Re: Pros/Cons of using Living Trust Checking Acct

Free2015 wrote:
Tue Aug 28, 2018 6:34 pm
Thanks -- One downside is I've heard (trying to vet) is that Social Security checks can not be direct deposit to a Living Trust checking account
Not true.
by ThereAreNoGurus
Fri Aug 24, 2018 6:39 pm
Forum: Investing - Theory, News & General
Topic: 2000-2018 retirement - sequence of returns
Replies: 153
Views: 13875

Re: 2000-2018 retirement - sequence of returns

Nice work HomerJ, and thanks for sharing it!
by ThereAreNoGurus
Fri Aug 24, 2018 11:40 am
Forum: Personal Consumer Issues
Topic: Test your cognitive biases
Replies: 89
Views: 5462

Re: Test your cognitive biases

I wonder if its just randomly (maybe the math is wrong) that its giving the majority of us the top score. I got the same result, Technically, relative to the general population, you are among the most statistically literate in the world. My math is NOT great (i know from high school) so maybe i got...
by ThereAreNoGurus
Thu Aug 23, 2018 6:46 pm
Forum: Personal Consumer Issues
Topic: Test your cognitive biases
Replies: 89
Views: 5462

Re: Test your cognitive biases

Big Dog wrote:
Thu Aug 23, 2018 5:00 pm
Bad test design if only two questions matter, and those come first.
Yep. I think only the first two questions are scored, as me and another poster up-thread suspected/indicated.
by ThereAreNoGurus
Thu Aug 23, 2018 10:25 am
Forum: Personal Finance (Not Investing)
Topic: To buy or hold for housing crash in Bay Area CA
Replies: 27
Views: 3127

Re: To buy or hold for housing crash in Bay Area CA

Valuethinker wrote:
Thu Aug 23, 2018 10:16 am

Places in America where homes could be bought for cash also tend to be very depressed places? Detroit?
In 2017 (OP's state) almost 1 in 4 homes were bought with all cash: https://calmatters.org/articles/data-di ... ghborhood/
by ThereAreNoGurus
Thu Aug 23, 2018 12:35 am
Forum: Personal Consumer Issues
Topic: Test your cognitive biases
Replies: 89
Views: 5462

Re: Test your cognitive biases

Same result - top score. I wonder if anyone actually receives less? Or is that just my cognitive bias showing? I was a math major in college for a while. Maybe someone will admit to receiving less than the top score... I only answered the first two questions, did not answer the rest and it too said...
by ThereAreNoGurus
Sun Aug 19, 2018 1:26 am
Forum: Personal Consumer Issues
Topic: Good/Cheap Glucose Monitoring System.
Replies: 15
Views: 1300

Re: Good/Cheap Glucose Monitoring System.

Bayer Contour Next Or screw around with cheap garbage and get random readings. Your choice. In my case, it's not that I faint with a low blood sugar, not found by an inaccurate meter. It's that I could die. As Jack FFR1846 has posted twice, get the Bayer Contour Next. It is accurate and consistent....
by ThereAreNoGurus
Tue Aug 07, 2018 2:12 pm
Forum: Personal Finance (Not Investing)
Topic: Facebook asking banks for customer date "to offer more services" !?
Replies: 15
Views: 1084

Re: Facebook asking banks for customer date "to offer more services" !?

According to the WSJ article, "Bank customers would need to opt-in to the proposed Facebook services, the company said in a statement Monday."
by ThereAreNoGurus
Sun Jul 29, 2018 7:49 pm
Forum: Personal Finance (Not Investing)
Topic: An argument against self-insuring for long-term care
Replies: 214
Views: 11369

Re: An argument against self-insuring for long-term care

I completely agree with point 3. Insurance is for long tail risk. I can easily afford a few years. A couple of decades is what I want to protect against. Where can you get such a policy for 4k/ yr? I don't think such a beast exists. I think he is being a bit dis-engineous in saying you need X, but ...
by ThereAreNoGurus
Sat Jul 28, 2018 4:31 pm
Forum: Personal Finance (Not Investing)
Topic: An argument against self-insuring for long-term care
Replies: 214
Views: 11369

Re: An argument against self-insuring for long-term care

If your portfolio is $1 million, would you alter your investment mix to gain an extra 0.4% (four-tenths of one-percent) each year, if the new investment mix could result in you losing hundreds of thousands of dollars? If the answer is no, then you agree that it makes sense for you to own long-term ...
by ThereAreNoGurus
Thu Jul 26, 2018 11:41 pm
Forum: Investing - Theory, News & General
Topic: Hold one stock 25 years
Replies: 68
Views: 6533

Re: Hold one stock 25 years

Please go back 25 years ago and see what people would have said in answer to this question. Always do that when this sort of question comes up. I have investing books from the mid-1990s, and the overwhelming answer you would have gotten, from looking at them just now, was The Coca-Cola Company. Twe...
by ThereAreNoGurus
Thu Jul 26, 2018 1:05 am
Forum: Investing - Theory, News & General
Topic: Best source for simple market news?
Replies: 26
Views: 2310

Re: Best source for simple market news?

You are welcome, jeffh19.

I thought it was exactly what you were looking for. The first paragraph is always in that format. No need to read the rest, based on your original request.

Schwab usually has something in the morning and then usually shortly after closing.
by ThereAreNoGurus
Tue Jul 24, 2018 1:36 pm
Forum: Personal Finance (Not Investing)
Topic: Which doctor should I go to?
Replies: 26
Views: 1872

Re: Which doctor should I go to?

Shallowpockets wrote:
Tue Jul 24, 2018 1:03 pm
You have got to be kidding. I thought perhaps all the strange posts on BH had already been posted in some fashion or other. Now this.
This is not a personal fiancé question. Not even related.
Haha... love that typo in second to last sentence.
by ThereAreNoGurus
Mon Jul 23, 2018 2:00 am
Forum: Personal Finance (Not Investing)
Topic: Real salary growth negative?
Replies: 45
Views: 4837

Re: Real salary growth negative?

Cite for your claim? Your post does nothing to rebut the information presented above claiming wages have not stagnated. Piketty. "Capital in the twenty-first century." Sorry -- I'll try to use footnotes next time. :D Not sure how your second sentence follows -- I've read it a bunch of times. Peak m...
by ThereAreNoGurus
Sun Jul 22, 2018 10:50 pm
Forum: Personal Finance (Not Investing)
Topic: Real salary growth negative?
Replies: 45
Views: 4837

Re: Real salary growth negative?

Pajamas wrote:
Sun Jul 22, 2018 9:47 am
Yes, and it's not a problem just for your wife.

https://www.brookings.edu/research/thir ... ge-growth/
This page says it's not a problem: http://www.aei.org/publication/have-wor ... -40-years/

(Neither does JoMoney's post.)
by ThereAreNoGurus
Sat Jul 21, 2018 7:41 pm
Forum: Investing - Help with Personal Investments
Topic: Help me understand Morningstar ratings please!
Replies: 14
Views: 912

Re: Help me understand Morningstar ratings please!

Generally, I would ignore Morningstar commentary and their star ratings to pick mutual funds. Stick to the advise given up-thread. Fund and stock picking is simply not as easy as looking at past performance. Otherwise just about anybody could beat the S&P 500, but over a 30 year period, almost nobod...
by ThereAreNoGurus
Thu Jul 19, 2018 6:25 pm
Forum: Investing - Help with Personal Investments
Topic: I'm about to inherit a single stock with a worth of just over 7 figures....
Replies: 103
Views: 9321

Re: I'm about to inherit a single stock with a worth of just over 7 figures....

I see giving up the $35,000 annually as a potential mistake. I'm laughing because that assumes that a passively-managed low-expense-ratio diversified index fund portfolio won't pay out just as much or more annually. I wish my index funds didn't pay out so much because I get taxed on those payouts i...
by ThereAreNoGurus
Fri Jul 13, 2018 12:17 pm
Forum: Investing - Theory, News & General
Topic: COMING SOON: BOGLEHEADS PODCASTS
Replies: 366
Views: 19908

Re: COMING SOON: BOGLEHEADS PODCASTS

I too like the previously suggested Talking Bogleheads, but I'll make a suggestion anyways:

Bogleheads Investing: Beat the pros.
by ThereAreNoGurus
Sun Jul 08, 2018 10:26 am
Forum: Personal Consumer Issues
Topic: Retirees...what’s your lunch menus?
Replies: 54
Views: 4734

Re: Retirees...what’s your lunch menus?

Here's a link to a site full of genuine low-carb recipes: http://www.genaw.com/lowcarb/recipes.html Danger. That website triggers a reda security alert on my smartphone... Interesting... What specifically is it warning about? I've been using that site for at least a couple of years now from a PC. I...
by ThereAreNoGurus
Sun Jul 08, 2018 9:32 am
Forum: Personal Consumer Issues
Topic: Retirees...what’s your lunch menus?
Replies: 54
Views: 4734

Re: Retirees...what’s your lunch menus?

Here's a link to a site full of genuine low-carb recipes: http://www.genaw.com/lowcarb/recipes.html (Ie., no rice [brown rice is not low-carb], no beans, etc.)

Each recipe also lists the number of grams of protein, carbs, and fat.
by ThereAreNoGurus
Sat Jul 07, 2018 6:55 pm
Forum: Personal Consumer Issues
Topic: Retirees...what’s your lunch menus?
Replies: 54
Views: 4734

Re: Retirees...what’s your lunch menus?

If you happen to live near a Trader Joe's, there is this product: https://www.fooducate.com/app#!page=product&id=1F646016-169F-11E0-BF92-FEFD45A4D471 These chicken burgers come frozen. I saute two of them with pepper-jack cheese on top, and add sliced red onions. There are other possibilities of cou...
by ThereAreNoGurus
Sat Jul 07, 2018 12:25 pm
Forum: Investing - Theory, News & General
Topic: Morningstar: prepare for a lost decade for U.S. stocks
Replies: 198
Views: 19854

Re: Morningstar: prepare for a lost decade for U.S. stocks

BTW, I’ve never been a big fan of CAPE-10. Never saw the point of weighing earnings from 8, 9, 10 years ago the same as today’s earnings, or putting equal weight on earnings during recessions such as 2007-8-9. Stocks are forward looking. I care about the economic potential for earnings today and ov...
by ThereAreNoGurus
Fri Jul 06, 2018 1:47 am
Forum: Investing - Theory, News & General
Topic: Morningstar: prepare for a lost decade for U.S. stocks
Replies: 198
Views: 19854

Re: Morningstar: prepare for a lost decade for U.S. stocks

Until any of these groups who constantly are making their predictions post their track record I have no faith in their work. Perhaps someone should start a Google sheet and track these predictions every time they come out? Excellent idea, but it would be a lot of work. So much garbage published dai...
by ThereAreNoGurus
Fri Jul 06, 2018 1:45 am
Forum: Investing - Theory, News & General
Topic: Morningstar: prepare for a lost decade for U.S. stocks
Replies: 198
Views: 19854

Re: Morningstar: prepare for a lost decade for U.S. stocks

The BH noise filter is definitely broken. Haha... good one! Totally agree with the other posters challenging the validity of these forecasts/predictions. Just about anybody can put together a "logical" appearing, prognostication. Without knowing the forecaster's record, it is absurd to take this st...
by ThereAreNoGurus
Sat Jun 30, 2018 3:28 pm
Forum: Investing - Help with Personal Investments
Topic: Stocks vs. rental property
Replies: 101
Views: 10931

Re: Stocks vs. rental property

Professor Elroy Dimson studied various asset classes for last 100 years in the US and overseas. His conclusion is that real estate performance falls between bonds and stocks. In general about 1% better than inflation. I do not know about this particular study, but most of the studies that compare a...
by ThereAreNoGurus
Sat Jun 30, 2018 3:19 pm
Forum: Investing - Theory, News & General
Topic: Share Buybacks and Value Destruction
Replies: 10
Views: 1169

Re: Share Buybacks and Value Destruction

Here's an article that claims pretty much the opposite of the OP's post: https://www.usatoday.com/story/money/columnist/2018/04/22/tax-cut-backlash-senate-bill-end-buybacks-bad/536442002/ For example, concerning borrowing to execute stock buybacks: Pretend you’re a board member. Pretend I’m the CEO....
by ThereAreNoGurus
Wed Jun 27, 2018 12:58 pm
Forum: Investing - Theory, News & General
Topic: Heavy in equities?
Replies: 46
Views: 5101

Re: Heavy in equities?

What I find odd however is the position of many retired investors who both believe in the predictive power of old US data AND remain heavily invested in equities (60% or greater). I'm confused for 2 reasons: People have different situations, so their plan may not make sense to you if you are missin...
by ThereAreNoGurus
Mon Jun 25, 2018 3:03 pm
Forum: Personal Finance (Not Investing)
Topic: Sudden appearance of multiple buyers real or negotiation tactic?
Replies: 61
Views: 4371

Re: Sudden appearance of multiple buyers real or negotiation tactic?

You said you received a "strange email." Who was it from, the seller?
by ThereAreNoGurus
Sat Jun 23, 2018 12:10 pm
Forum: Investing - Theory, News & General
Topic: Heavy in equities?
Replies: 46
Views: 5101

Re: Heavy in equities?

What I find odd however is the position of many retired investors who both believe in the predictive power of old US data AND remain heavily invested in equities (60% or greater). I'm confused for 2 reasons: People have different situations, so their plan may not make sense to you if you are missin...
by ThereAreNoGurus
Sat Jun 02, 2018 3:45 pm
Forum: Personal Finance (Not Investing)
Topic: Schwab.com login trouble?
Replies: 21
Views: 3650

Re: Schwab.com login trouble?

When I use a VPN to login, there is an error message. Turn off the VPN, am able to log in Interesting. It's the opposite for me. I can only log in while connected to a VPN. When not connected I get the following message: "Internal Server Error - Read The server encountered an internal error or misc...
by ThereAreNoGurus
Sun Mar 18, 2018 7:48 pm
Forum: Investing - Theory, News & General
Topic: Incredibly sleazy Northwestern Mutual cold caller
Replies: 78
Views: 9005

Re: Incredibly sleazy Northwestern Mutual cold caller

Enjoyed the back and forth... very entertaining. Thanks for posting.
by ThereAreNoGurus
Sat Feb 10, 2018 10:23 pm
Forum: Investing - Theory, News & General
Topic: Day trading for a living/career?
Replies: 95
Views: 8494

Re: Day trading for a living/career?

There is an occasional poster here (it's not me) who is a full-time home based trader. He wrote a book titled, "How I Trade for a Living." It was published in 2000.

I purchased the book out of curiosity. I have no interest in becoming a day-trader... too much work. Again, it was just curiosity.
by ThereAreNoGurus
Tue Jan 09, 2018 2:39 pm
Forum: Forum Issues and Administration
Topic: Help me understand question-less financial status (e.g. "2 comma club") threads.
Replies: 175
Views: 14013

Re: Help me understand question-less financial status (e.g. "2 comma club") threads.

I hope the milestone posts are allowed to continue for many of the reasons already expressed. I not only enjoy reading the 2 comma milestones, but the ascent to zero net-worth, the first 100K, or whatever milestone a poster feels like celebrating or posting. I've never attended an AA meeting, but th...
by ThereAreNoGurus
Wed Nov 22, 2017 1:56 am
Forum: Personal Consumer Issues
Topic: Beware Amazon Price Gouging
Replies: 74
Views: 10690

Re: Beware Amazon Price Gouging

Invisible-Hand seems like a helpful app. It's a browser extension: http://www.getinvisiblehand.com/ From Consumer Reports: Invisible-Hand is a browser extension (download it from its website) that tracks prices at 11,000 online stores and sends you a pop-up notification so that you can see whether a...
by ThereAreNoGurus
Mon Nov 20, 2017 2:14 am
Forum: Personal Consumer Issues
Topic: Firefox upgrade broke my add-on, switched to Waterfox
Replies: 28
Views: 4605

Re: Firefox upgrade broke my add-on, switched to Waterfox

Thanks for the info, LadyGeek.

I will checkout Waterfox. Also, I use Keepass, so I'll checkout the add-ons/plugins.
by ThereAreNoGurus
Fri Oct 27, 2017 12:05 am
Forum: Personal Finance (Not Investing)
Topic: Question on new credit karma feature related to breaches
Replies: 11
Views: 1820

Re: Question on new credit karma feature related to breaches

For those not signed-up with credit karma, one can check any email address here: https://haveibeenpwned.com/
by ThereAreNoGurus
Mon Sep 25, 2017 11:35 pm
Forum: Personal Finance (Not Investing)
Topic: Coworker asked me about a adviser
Replies: 24
Views: 3807

Re: Coworker asked me about a adviser

I sometimes get asked for advice... I usually email these people the link to the boglehead video page rather than tell them they should manage their own 3 fund portfolio or avoid an advisor. I also recommend the boglehead investing book. I doubt anyone has actually picked up the boglehead philosoph...
by ThereAreNoGurus
Mon Sep 25, 2017 7:23 pm
Forum: Personal Consumer Issues
Topic: Any books really change your outlook on life?
Replies: 326
Views: 58200

Re: Any books really change your outlook on life?

Marmot wrote: The China Study - I saw it mentioned in an earlier post from 2010. A must read, you can't ignore the science. That study appears to be a tad disputed: https://sciencebasedmedicine.org/the-china-study-revisited/ http://anthonycolpo.com/the-china-study-more-vegan-nonsense/ Some poster's...
by ThereAreNoGurus
Sat Sep 23, 2017 1:35 pm
Forum: Personal Consumer Issues
Topic: Account security - Hackers gain access to mobile and then break havoc
Replies: 159
Views: 16050

Re: Account security - Hackers gain access to mobile and then break havoc

Haha... yes, one can do that.

But, then you should have your paper come to a PO Box in case your home mailbox is hacked. ;-)
by ThereAreNoGurus
Sat Sep 23, 2017 1:19 pm
Forum: Personal Consumer Issues
Topic: Account security - Hackers gain access to mobile and then break havoc
Replies: 159
Views: 16050

Re: Account security - Hackers gain access to mobile and then break havoc

I read this thread when it started, and just now caught up, albeit quickly. Is this too simple to work... or at least slow down... a hack? 1--Leave cell provider with whatever email you used. 2--Create new unique email. 3--Change all contact info for financials to new email, delete phone number (if...
by ThereAreNoGurus
Sat Sep 23, 2017 1:07 pm
Forum: Personal Consumer Issues
Topic: Account security - Hackers gain access to mobile and then break havoc
Replies: 159
Views: 16050

Re: Account security - Hackers gain access to mobile and then break havoc

I know this doesn't solve the VG required SMS backup, but using the steps prior posts above (i.e., Voice Authentication, Nonsensical security answers, etc.) this should come as close as possible to thwarting social engineering, no? With respect to Vanguard, I would not worry about SMS as a backup i...