Search found 516 matches

by ThereAreNoGurus
Tue Sep 15, 2020 11:32 pm
Forum: Personal Consumer Issues
Topic: Is this guy trying to scam me on a car I'm selling?
Replies: 171
Views: 12665

Re: Is this guy trying to scam me on a car I'm selling?

As both of my banks are located out of state, I would need to know in advance, what you would prefer… cash or certified bank check. The check would come from my brokerage I'll bet if you demand cash, he will come-up with some excuse why he can't bring it or will offer some lesser amount of cash and...
by ThereAreNoGurus
Sun Sep 13, 2020 11:46 am
Forum: Personal Consumer Issues
Topic: [Question regarding password security]
Replies: 101
Views: 3188

Re: Security question on one's passwords

My approach? I use KeePass where the database is stored locally. I use both a (strong) master password AND and an encryption file for my KeePass database. EVERY account has a long, random password. Nothing is 100% secure, but this approach reduces the risk to a level I am comfortable with. Bottom l...
by ThereAreNoGurus
Mon Sep 07, 2020 4:11 pm
Forum: Personal Consumer Issues
Topic: Online Ammo purchase recommendation
Replies: 53
Views: 5341

Re: Online Ammo purchase recommendation

My two favorites: Http://www.ammoman.com Http://www.sgammo.com Buy cheap and stack deep! -TheDDC I havent looked in the past month or so, but SGAmmo's prices were a whole lot higher than normal. They couldnt fill orders fast enough in march and i think they were taking advantage. May have calmed do...
by ThereAreNoGurus
Sun Sep 06, 2020 4:12 pm
Forum: Personal Finance (Not Investing)
Topic: Charles Schwab - account aggregation
Replies: 28
Views: 2061

Re: CHARLES SCHWAB - ACCOUNT AGGREGATION

My concern would be the same as using account aggregation tools like Personal Capital: Vanguard's terms of service very likely prohibit you from giving your login credentials to a third party. If you account is hacked and it's found that broke their terms of service, will Vanguard accept liability ...
by ThereAreNoGurus
Tue Aug 18, 2020 3:10 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 8817
Views: 697066

Re: U.S. stocks continue to soar!

Stef wrote: Tue Aug 18, 2020 3:06 pm New ATH closing for the SP500, this must be historic.
The dead cat keeps soaring. :wink:
by ThereAreNoGurus
Wed Aug 12, 2020 10:25 am
Forum: Personal Investments
Topic: How to change Dividend Reinvestment?
Replies: 7
Views: 4959

Re: How to change Dividend Reinvestment?

tomd37 wrote: Wed Aug 12, 2020 10:22 am Mezell - You are a day short of eight years too late! :wink:
Lol... heck of a first post as well.
by ThereAreNoGurus
Mon Aug 03, 2020 12:09 am
Forum: Personal Investments
Topic: Preferred Stock
Replies: 30
Views: 2042

Re: Preferred Stock

This article is from 2016, but still valid.

Why Preferred Stocks Quite Simply Aren’t:
https://www.fisherinvestments.com/en-us ... mply-arent
by ThereAreNoGurus
Sat Jul 25, 2020 8:09 pm
Forum: Personal Investments
Topic: Experience with Personal Capital?
Replies: 42
Views: 2087

Re: Experience with Personal Capital?

2. Major brokerages used to have "exclusions" for any damages caused by third party aggregators if the account owner willingly gave the password(s) to the aggregators. Although lately, most major brokers have also become aggregators. So not sure if this "exclusion" still stands. This would shed som...
by ThereAreNoGurus
Sat Jul 04, 2020 3:22 pm
Forum: Personal Finance (Not Investing)
Topic: "Lost" Estimated Tax Payment
Replies: 15
Views: 1466

Re: "Lost" Estimated Tax Payment

This does not help with your existing problem, but why, oh why, would you not pay electronically? In this day and age mailing checks makes no sense to me. Can I use Vanguard for paying taxes electronically? or only from my checking account? In the past, I paid via VG check due to the interest I rec...
by ThereAreNoGurus
Fri Jun 26, 2020 1:43 pm
Forum: Investing - Theory, News & General
Topic: A cautionary tale about pensions and wages
Replies: 76
Views: 10526

Re: A cautionary tale about pensions and wages

X528 wrote: Fri Jun 19, 2020 9:18 am Regarding the college bubble:

https://johntreed.com/blogs/john-t-reed ... om-scratch
Excellent article. Thanks for posting.
by ThereAreNoGurus
Wed Jun 03, 2020 6:27 pm
Forum: Personal Finance (Not Investing)
Topic: "Lost" Estimated Tax Payment
Replies: 15
Views: 1466

Re: "Lost" Estimated Tax Payment

This does not help with your existing problem, but why, oh why, would you not pay electronically? In this day and age mailing checks makes no sense to me.
by ThereAreNoGurus
Wed Jun 03, 2020 5:35 pm
Forum: Investing - Theory, News & General
Topic: A visual illustration of "stay the course" - one "stubborn" Boglehead's journey
Replies: 49
Views: 5693

Re: A visual illustration of "stay the course" - one "stubborn" Boglehead's journey

Great post OP and great illustrative lesson for ignoring the noise. Boy, you had an earful!
by ThereAreNoGurus
Fri May 29, 2020 9:52 pm
Forum: Personal Consumer Issues
Topic: Face mask recommendations
Replies: 173
Views: 12892

Re: Face mask recommendations

Order size is probably way more than what you need, but I'll post this here in case it helps somebody else. These are Level 1 ATSM surgical masks: https://joolamedical.com/ No affiliation. I've ordered twice from them. They are legit. First batch of 50 shipped within a week or two. Minimum order is...
by ThereAreNoGurus
Thu May 28, 2020 7:32 pm
Forum: Personal Consumer Issues
Topic: Face mask recommendations
Replies: 173
Views: 12892

Re: Face mask recommendations

Order size is probably way more than what you need, but I'll post this here in case it helps somebody else. These are Level 1 ATSM surgical masks: https://joolamedical.com/ No affiliation. I've ordered twice from them. They are legit. First batch of 50 shipped within a week or two. Minimum order is ...
by ThereAreNoGurus
Thu May 28, 2020 5:31 pm
Forum: Personal Investments
Topic: 30 year investor - never understood Dividend hoopla
Replies: 20
Views: 1468

Re: 30 year investor - never understood Dividend hoopla

There is real value in companies regardless of dividends. In fact, Buffett often used to buy companies well below intrinsic value, so that in the worst case scenario if the company went bankrupt, he'd make back his investment from the sale of the assets. Exactly. And what so many people fail to rea...
by ThereAreNoGurus
Wed May 27, 2020 4:03 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 8817
Views: 697066

Re: U.S. stocks continue to soar!

oldzey wrote: Wed May 27, 2020 3:54 pm Keep on soaring, U.S. stocks! :beer

"Ad Astra per Aspera"

Image
Has the dead cat morphed into a rocket? :D
by ThereAreNoGurus
Wed May 20, 2020 5:46 pm
Forum: Personal Finance (Not Investing)
Topic: Covid impact: CA license renewal and REAL ID
Replies: 13
Views: 1055

Re: Covid impact: CA license renewal and REAL ID

When I went in person to get my Real ID, the teller informed me it would be better to wait until my license had to be renewed. Since I had gone to all the trouble to make the appointment and sit in the waiting area for 30 minutes, I just went ahead and got it anyway. Glad I did, but I'm not traveli...
by ThereAreNoGurus
Wed May 20, 2020 5:36 pm
Forum: Personal Finance (Not Investing)
Topic: Covid impact: CA license renewal and REAL ID
Replies: 13
Views: 1055

Re: Covid impact: CA license renewal and REAL ID

When I went in person to get my Real ID, the teller informed me it would be better to wait until my license had to be renewed. Since I had gone to all the trouble to make the appointment and sit in the waiting area for 30 minutes, I just went ahead and got it anyway. Glad I did, but I'm not traveli...
by ThereAreNoGurus
Sun May 10, 2020 12:46 pm
Forum: Investing - Theory, News & General
Topic: Coronavirus and the market
Replies: 4012
Views: 309479

Re: Coronavirus and the market

I can definitely imagine that the institutional investors are gaming the stock market. In the sense that retail investors can’t really compete. The risk of getting duped is likely. Think about the tech and man (PhDs) power behind each trade. These people live and breathe each waking second making t...
by ThereAreNoGurus
Fri May 08, 2020 8:56 pm
Forum: Personal Consumer Issues
Topic: COVID-19 has revealed the stark deficiencies in long-term care facilities regardless of ratings.
Replies: 80
Views: 5562

Re: COVID-19 has revealed the stark deficiencies in long-term care facilities regardless of ratings.

There's so little information available to the public. States are burying this under so-called "medical privacy laws" which are designed to protect the privacy of individuals and not facilities. We only hear about the worst outbreaks probably because a private citizen or a staff member in the facil...
by ThereAreNoGurus
Tue May 05, 2020 2:29 pm
Forum: Investing - Theory, News & General
Topic: All my friends are outperforming index funds
Replies: 122
Views: 11550

Re: All my friends are outperforming index funds

many years ago I was offering advice/information to a friend about her investments. This fairholme fund was in her 401k and it was one of her favs. I asked her how she came upon that and she said her brother recommended it. i of course recommended simplicity (she had like 14 funds, lots of overlap,...
by ThereAreNoGurus
Tue May 05, 2020 8:53 am
Forum: Investing - Theory, News & General
Topic: All my friends are outperforming index funds
Replies: 122
Views: 11550

Re: All my friends are outperforming index funds

I keep trying to convince my friends about the value of low-cost index investing. For the most part they are not really financially savvy and rarely even invest at all. But what little investing they have done the past 3 months has outperformed the market. This from people who know almost nothing a...
by ThereAreNoGurus
Sun Apr 19, 2020 6:58 pm
Forum: Investing - Theory, News & General
Topic: China to buy America's planes
Replies: 11
Views: 1254

Re: China to buy America's planes

Someone locked my China thread so I'm posting here. https://seekingalpha.com/news/3561886-united-airlines-sells-22-planes-to-to-bank-of-china-aviation Did you even read the article before you posted? This is a Singapore-based bank , not a Chinese bank . LOL... as another poster asked, what the heck...
by ThereAreNoGurus
Sun Apr 19, 2020 6:52 pm
Forum: Investing - Theory, News & General
Topic: China to buy America's planes
Replies: 11
Views: 1254

Re: China to buy America's planes

Someone locked my China thread so I'm posting here. https://seekingalpha.com/news/3561886-united-airlines-sells-22-planes-to-to-bank-of-china-aviation Did you even read the article before you posted? This is a Singapore-based bank, not a Chinese bank. LOL... as another poster asked, what the heck w...
by ThereAreNoGurus
Sat Apr 18, 2020 4:07 pm
Forum: Investing - Theory, News & General
Topic: Future 60/40 Portfolio has a 43% Chance of Failing with 4% Withdrawal Rate
Replies: 622
Views: 32367

Re: Future 60/40 Portfolio has a 43% Chance of Failing with 4% Withdrawal Rate

It doesn't mean eating Alpo under a bridge. Alpo is waaaaay too expensive to eat under a bridge: Purina ALPO Chop House in Savory Juices Adult Wet Dog Food - (12) 13.2 oz. Can = $9.60 20 years from now, that Alpo can will be $14-15 Even rich Bogleheads shouldn't eat Alpo. Tuna is cheaper. Maybe les...
by ThereAreNoGurus
Fri Apr 17, 2020 5:05 pm
Forum: US Chapters
Topic: Bogleheads community discussion - Coronavirus
Replies: 1653
Views: 76672

Re: Bogleheads community discussion - Coronavirus

All the internet experts were so sure that CV19 was 30-40 times more lethal than the flu. More transmittable and more lethal! Antibody testing in Santa Clara county in CA - Stanford study: COVID-19 Lethality Not Much Different Than Flu, Says New Study https://reason.com/2020/04/17/covid-19-lethalit...
by ThereAreNoGurus
Fri Apr 17, 2020 12:02 am
Forum: Personal Consumer Issues
Topic: Advise what to do after receiving email from Hacker trying to extort money
Replies: 58
Views: 5047

Re: Advise what to do after receiving email from Hacker trying to extort money

This site has been posted on BH before: https://haveibeenpwned.com/ You can use it to see whether your email has been unintentionally exposed to the public. This is an example of a result returned from a breach: MGM Resorts: In July 2019, MGM Resorts discovered a data breach of one of their cloud se...
by ThereAreNoGurus
Tue Apr 14, 2020 5:06 pm
Forum: Investing - Theory, News & General
Topic: Head Fakes and Dead Cats .. your thoughts on the rally?
Replies: 386
Views: 32872

Re: Head Fakes and Dead Cats .. your thoughts on the rally?

watchnerd wrote: Tue Apr 14, 2020 5:00 pm
epicahab wrote: Tue Apr 14, 2020 4:55 pm It's definitely interesting to watch what's going on. One plan of action would be to sit in cash and wait to see what happens, but I know that's verboten here.
What are you looking to see when you wait?
Funny.... seems like many cannot discern whether the cat is dead or alive.
by ThereAreNoGurus
Tue Apr 14, 2020 4:34 pm
Forum: Personal Investments
Topic: International Growth (VWIGX) Outperformance
Replies: 28
Views: 1994

Re: International Growth (VWIGX) Outperformance

What makes this fund outperform since inception nearly 40 years ago and recently as well? Average return since inception is over 10%. I noticed yesterday, which is not atypical, it was up nearly 1% whereas all other VG international funds (except one) were down!? Like many people here, for internat...
by ThereAreNoGurus
Tue Apr 14, 2020 11:37 am
Forum: Investing - Theory, News & General
Topic: Coronavirus and the market
Replies: 4012
Views: 309479

Re: Coronavirus and the market

The most up-to-date estimate by the Oxford Center for Evidence-Based Medicine suspects the death rate is a flu-like 0.1% to 0.39%. I couldn't find that claim on the website of the Oxford Center for Evidence-Based Medicine. I can't either actually. I did read something from them last week that said ...
by ThereAreNoGurus
Tue Apr 14, 2020 11:36 am
Forum: Investing - Theory, News & General
Topic: Coronavirus and the market
Replies: 4012
Views: 309479

Re: Coronavirus and the market

The most up-to-date estimate by the Oxford Center for Evidence-Based Medicine suspects the death rate is a flu-like 0.1% to 0.39%. I couldn't find that claim on the website of the Oxford Center for Evidence-Based Medicine. Here's what I found. Whether it's valid or not is a different story. And the...
by ThereAreNoGurus
Tue Apr 14, 2020 1:08 am
Forum: Investing - Theory, News & General
Topic: Coronavirus and the market
Replies: 4012
Views: 309479

Re: Coronavirus and the market

What happens to the market in an environment where a contagious disease that seems to have a 10% mortality rate left unchecked .... Source? 10% is what you’re seeing in Italy, France, Spain and other countries that didn’t see this coming. Countries that implemented social distancing much earlier ar...
by ThereAreNoGurus
Mon Apr 13, 2020 10:52 pm
Forum: Personal Consumer Issues
Topic: Flying in September, think it will be safe?
Replies: 73
Views: 4371

Re: Flying in September, think it will be safe?

Morgan Stanley believes the second wave will hit sometime in November. Source? And since when was Morgan Stanley an expert in epidemiology? It's far too early to make any predictions about September. Haha... good point. Even epidemiologists can't accurately predict let alone Stanley. Their predicti...
by ThereAreNoGurus
Mon Apr 13, 2020 2:04 pm
Forum: Personal Investments
Topic: Ponzi Scheme?
Replies: 215
Views: 17929

Re: Ponzi Scheme?

SansaStark, I did a bit of research on the company that was previously mentioned in this thread. If this information is correct and this is the particular company being referred to, the owner/managing agent has been active for 20+ years and has 13 companies affiliated with his namesake, 9 of which ...
by ThereAreNoGurus
Sun Apr 12, 2020 7:31 pm
Forum: Investing - Theory, News & General
Topic: BOOK: Fully Grown, Why a Stagnant Economy is a Sign of Success
Replies: 55
Views: 3478

Re: BOOK: Fully Grown, Why a Stagnant Economy is a Sign of Success

Does the book discuss immigration? Seems like it would have the affect of increasing output as immigration increases. Yes, the book has a section in it that concludes simply: As a tool for offsetting the drag on growth caused by population aging, a modest amount of additional immigration is the bes...
by ThereAreNoGurus
Sun Apr 12, 2020 7:19 pm
Forum: Investing - Theory, News & General
Topic: BOOK: Fully Grown, Why a Stagnant Economy is a Sign of Success
Replies: 55
Views: 3478

Re: BOOK: Fully Grown, Why a Stagnant Economy is a Sign of Success

Does the book discuss immigration? Seems like it would have the affect of increasing output as immigration increases.
by ThereAreNoGurus
Sun Apr 12, 2020 7:02 pm
Forum: Investing - Theory, News & General
Topic: BOOK: Fully Grown, Why a Stagnant Economy is a Sign of Success
Replies: 55
Views: 3478

Re: BOOK: Fully Grown, Why a Stagnant Economy is a Sign of Success

For those who likely won't want to read the book, it's worth including in this thread all the factors the author concluded had negligible or zero impact on the U.S. growth slowdown in recent decades. These are his chapter headings and subheadings: Did the Government Cause the Slowdown? Did Inequali...
by ThereAreNoGurus
Sun Apr 12, 2020 6:37 pm
Forum: Investing - Theory, News & General
Topic: How long after starting investing, did you start to be happy about the power of compounding?
Replies: 92
Views: 6349

Re: How long after starting investing, did you start to be happy about the power of compounding?

I realized the power of compounding, long before I had enough money to invest.

Seems strange to me that one wouldn't think about such things before investing.

Just thinking about it made me happy and gave me hope. :D
by ThereAreNoGurus
Fri Apr 10, 2020 1:36 pm
Forum: Investing - Theory, News & General
Topic: We are in a full-blown Depression
Replies: 95
Views: 8205

Re: We are in a full-blown Depression

Where I think that Ray's static asset model will thrive in the near future is on the reflation trade where we are close to now. The massive printing of money should lead to price appreciation of certain tangible assets. Wow.... thx! Sorry you did that on a cell phone... ouch! One last question... i...
by ThereAreNoGurus
Fri Apr 10, 2020 1:24 pm
Forum: Investing - Theory, News & General
Topic: We are in a full-blown Depression
Replies: 95
Views: 8205

Re: We are in a full-blown Depression

Where I think that Ray's static asset model will thrive in the near future is on the reflation trade where we are close to now. The massive printing of money should lead to price appreciation of certain tangible assets. Wow.... thx! Sorry you did that on a cell phone... ouch! One last question... i...
by ThereAreNoGurus
Fri Apr 10, 2020 1:07 pm
Forum: Investing - Theory, News & General
Topic: We are in a full-blown Depression
Replies: 95
Views: 8205

Re: We are in a full-blown Depression

Very sensationalist. Thanks. Just what the doctor ordered. Ray Dalio might be right. But his understanding of economics is terrible and I wouldn’t put any stock in his predictions. JT Can you explain what part of Dalio's understanding of economics is "terrible"? Whether I agree with his prescriptio...
by ThereAreNoGurus
Fri Apr 10, 2020 12:24 pm
Forum: Investing - Theory, News & General
Topic: We are in a full-blown Depression
Replies: 95
Views: 8205

Re: We are in a full-blown Depression

Here is quote from Tony Robbins book (that I referred to above) regarding Dalio’s Pure Alpha strategy fund, “Launched in 1991, the strategy now has $80 billion and has produced a mind boggling 21% annualized return (before fees were taken out), and with relatively low risk.” It does say before fees...
by ThereAreNoGurus
Fri Apr 10, 2020 11:08 am
Forum: Investing - Theory, News & General
Topic: We are in a full-blown Depression
Replies: 95
Views: 8205

Re: We are in a full-blown Depression

Here is quote from Tony Robbins book (that I referred to above) regarding Dalio’s Pure Alpha strategy fund, “Launched in 1991, the strategy now has $80 billion and has produced a mind boggling 21% annualized return (before fees were taken out), and with relatively low risk.” It does say before fees...
by ThereAreNoGurus
Fri Apr 10, 2020 10:50 am
Forum: Investing - Theory, News & General
Topic: We are in a full-blown Depression
Replies: 95
Views: 8205

Re: We are in a full-blown Depression

...1. Check out his track record (20% CAGR including 2008)... Where, exactly, would I look that up? Bridgewater runs (at least?) three hedge funds: Pure Alpha, All Weather, and Pure Alpha Major Markets. What is your 20% number? An equal-weight rebalanced portfolio of the three? Just one of them (an...
by ThereAreNoGurus
Thu Apr 09, 2020 7:35 pm
Forum: Investing - Theory, News & General
Topic: Little Book of Investing 10th ed Figure 7.1
Replies: 5
Views: 464

Re: Little Book of Investing 10th ed Figure 7.1

I don't have the 10th ed. version, but from your description, maybe it's the same as this figure 6.1 from the older book? https://i.postimg.cc/VsDMFnrv/lb61.png If so, the term "Real Return" implies it was adjusted for inflation. He takes the return of the raw index "gross return", then subtracts t...
by ThereAreNoGurus
Tue Apr 07, 2020 12:41 pm
Forum: Personal Finance (Not Investing)
Topic: Does anyone use Goldmoney?
Replies: 34
Views: 3071

Re: Does anyone use Goldmoney?

I have recently stumbled upon Goldmoney and have been intrigued by it's premise. Essentially allowing one to use gold as money instead of fiat currency. Of course one has to buy/sell (USD to gold/gold to USD) for a small fee at 0.5% but I find it a very interesting concept. So you have to pay half-...
by ThereAreNoGurus
Tue Apr 07, 2020 1:26 am
Forum: Personal Finance (Not Investing)
Topic: Does anyone use Goldmoney?
Replies: 34
Views: 3071

Re: Does anyone use Goldmoney?

I have recently stumbled upon Goldmoney and have been intrigued by it's premise. Essentially allowing one to use gold as money instead of fiat currency. Of course one has to buy/sell (USD to gold/gold to USD) for a small fee at 0.5% but I find it a very interesting concept. So you have to pay half-...
by ThereAreNoGurus
Mon Apr 06, 2020 11:49 pm
Forum: Investing - Theory, News & General
Topic: Kiyosaki, Mr Rich Dad, Poor Dad: Buy Bitcoin, Silver, Gold
Replies: 7
Views: 1331

Re: Kiyosaki, Mr Rich Dad, Poor Dad: Buy Bitcoin, Silver, Gold

John T. Reed's analysis of Robert T. Kiyosaki's book Rich Dad, Poor Dad, Part 1: https://johntreed.com/blogs/john-t-reed-s-real-estate-investment-blog/61651011-john-t-reeds-analysis-of-robert-t-kiyosakis-book-rich-dad-poor-dad-part-1 Rich Dad, Poor Dad is one of the dumbest financial advice books I ...
by ThereAreNoGurus
Mon Apr 06, 2020 11:03 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 20070
Views: 2745324

Re: U.S. stocks in free fall

He has kinda given up on it, but he is still a true believer (to this day) that aliens built the pyramids and Stonehenge, among other things, and that the two guys in England who admitted to making the first crop circles are liars; etc. etc. It's all the same mindset, apparently. :confused Well you...
by ThereAreNoGurus
Mon Apr 06, 2020 6:26 pm
Forum: Investing - Theory, News & General
Topic: If I were a retiree right now....
Replies: 83
Views: 11735

Re: If I were a retiree right now....

Toons wrote: Mon Apr 06, 2020 5:07 pm I Am Retired
70/30
Equity /Bond
:mrgreen:
Clearly then you are not logical. :mrgreen: