Search found 2083 matches

by JonnyDVM
Mon May 25, 2020 2:06 pm
Forum: Investing - Theory, News & General
Topic: Anybody do any GOOD timing the market?
Replies: 41
Views: 1542

Re: Anybody do any GOOD timing the market?

I wonder where all of the 'got out and am DCAing back in' folks went. Or those who were (are?) waiting for things to 'go lower' ... :shock: How about those I panicked and sold during the March lows, when should I buy back in folks? I have a coworker who falls in that category... I talked my dad out...
by JonnyDVM
Mon May 25, 2020 2:03 pm
Forum: Investing - Theory, News & General
Topic: Anybody do any GOOD timing the market?
Replies: 41
Views: 1542

Re: Anybody do any GOOD timing the market?

I wonder where all of the 'got out and am DCAing back in' folks went. Or those who were (are?) waiting for things to 'go lower' ... :shock: They’re still around. They won’t be back if we continue up, but if we get another dip they’ll be back in full force. You never hear from them before they make ...
by JonnyDVM
Mon May 25, 2020 1:54 pm
Forum: Personal Investments
Topic: I have no risk tolerance: where am I supposed to keep my money?
Replies: 50
Views: 3331

Re: I have no risk tolerance: where am I supposed to keep my money?

It's a somewhat tongue-in-cheek question but I'm also somewhat serious. Recent market volatility is making me sick, to the point where I've learned that I'm not sure I can handle it. I am not so idealistic as to believe that stocks always go up. The stock market did not recoup it's 1929 crash until...
by JonnyDVM
Mon May 25, 2020 1:47 pm
Forum: Personal Consumer Issues
Topic: Pandemic buys that have improved quality of life?
Replies: 70
Views: 5487

Re: Pandemic buys that have improved quality of life?

High end sipping tequila: Don Jose 1942. After a 20 year hiatus from tequila due to youthful indiscretion. I also have upgraded my tequila though not to that level. Higher quality tequila makes the margaritas infinitely better. Conventional wisdom is to not use high end tequila in margaritas and mi...
by JonnyDVM
Mon May 25, 2020 1:44 pm
Forum: Personal Finance (Not Investing)
Topic: 6 Month Emergency Fund for a Business
Replies: 11
Views: 485

Re: 6 Month Emergency Fund for a Business

Because it’s impractical to keep that much cash on hand to support a business with zero cash flow for six months ? Businesses are supposed to generate revenue. Not eat cash reserves.
by JonnyDVM
Mon May 25, 2020 11:53 am
Forum: Personal Consumer Issues
Topic: Pandemic buys that have improved quality of life?
Replies: 70
Views: 5487

Re: Pandemic buys that have improved quality of life?

Xrayman69 wrote:
Mon May 25, 2020 11:02 am
High end sipping tequila: Don Jose 1942.

After a 20 year hiatus from tequila due to youthful indiscretion.
I also have upgraded my tequila though not to that level. Higher quality tequila makes the margaritas infinitely better.
by JonnyDVM
Mon May 25, 2020 11:50 am
Forum: Personal Investments
Topic: The Black Swan is Here
Replies: 153
Views: 16555

Re: The Black Swan is Here

Am I the only investor that foresees a vaccine coming (or the virus simply going away on its own), stocks on sale at huge discounts, and the markets heading higher? Despite my tongue and cheek throughout this thread I actually agree with you and have been buying throughout the crisis. I’m not sure ...
by JonnyDVM
Mon May 25, 2020 7:59 am
Forum: Personal Finance (Not Investing)
Topic: How Much should I fund my HSA and Why?
Replies: 28
Views: 5647

Re: How Much should I fund my HSA and Why?

401k to match HSA to max Roth IRA Whatever else one can afford to goes 401k I agree with this. I think some posters are missing OPs age and current income level. OP is just starting out and needs some money to live life. Let’s target 15% savings ($9300). I’m going to assume you have an emergency fu...
by JonnyDVM
Mon May 25, 2020 6:45 am
Forum: Personal Investments
Topic: Health Savings Account (HSA) investments
Replies: 10
Views: 900

Re: Health Savings Account (HSA) investments

I treat it as the most tax advantaged space and thus invest those funds into the more volatile/ least tax efficient holdings. Current funds in there are small and microcap (rough year). Regardless, I would just treat it like another retirement account.
by JonnyDVM
Sun May 24, 2020 8:57 pm
Forum: Personal Investments
Topic: Time until money doubles
Replies: 26
Views: 2457

Re: Time until money doubles

If stocks are going to return 3% what are we all doing investing in them?

Rule of 72. Expected portfolio return 5% real. 72/5- about 14 years.
by JonnyDVM
Sun May 24, 2020 3:52 pm
Forum: Personal Consumer Issues
Topic: Do you dislike recurring billing for gyms?
Replies: 68
Views: 3394

Re: Do you dislike recurring billing for gyms?

FWIW I think LA fitness is a rip off, BUT I never had any issue with credit card billing with them. In what way is it a ripoff? Is it a good gym that just charges too much, or is it a bad gym with too little equipment...? I like my local LA fitness. It’s way cheaper than the other options and it wa...
by JonnyDVM
Sun May 24, 2020 3:41 pm
Forum: Personal Consumer Issues
Topic: If Jeep has such poor reliability, how come they are everywhere?
Replies: 90
Views: 6112

Re: If Jeep has such poor reliability, how come they are everywhere?

Wranglers are cool looking and fun to drive. That is the attraction. If you are the practical type like most of us here you see through that and see an unsafe piece of junk that gets poor gas mileage One of my employees wanted to buy one. I reflexively tried to talk her out of it. My first argument-...
by JonnyDVM
Sun May 24, 2020 3:33 pm
Forum: Investing - Theory, News & General
Topic: Businesses that are permanently destroyed due to COVID?
Replies: 34
Views: 2692

Re: Businesses that are permanently destroyed due to COVID?

Crowded bars and clubs are going to take the worst of this. I see them rising again after we have a vaccine or herd immunity, but I can see a great many going under. Clubs and effective social distancing are just not compatible. One of my employees asked me to help her set up her 401k late last yea...
by JonnyDVM
Sun May 24, 2020 1:26 pm
Forum: Personal Finance (Not Investing)
Topic: What do people spend money on?
Replies: 52
Views: 4743

Re: What do people spend money on?

barberakb wrote:
Sun May 24, 2020 2:59 am
Spend some of it on pictures and experiences.

Take more vacations. The memories will be worth it. Travel, camping, etc...
Would also recommend some exotic travel. When such a thing is allowed again anyway. Also try out some better quality wine. You’re drinking swill.
by JonnyDVM
Sun May 24, 2020 1:15 pm
Forum: Personal Consumer Issues
Topic: Personal spending out of control after Covid-19
Replies: 118
Views: 8706

Re: Personal spending out of control after Covid-19

Since the pandemic erupted, and the kids have been home alone with me while my wife goes off to work, I find I'm drinking more and spending more time shopping online. In the past month, I've spent a ridiculous amount of money replacing a tree that had been bothering me since we moved into the house...
by JonnyDVM
Sun May 24, 2020 12:05 pm
Forum: Investing - Theory, News & General
Topic: Owning Top Stocks in Each Sector?
Replies: 16
Views: 730

Re: Owning Top Stocks in Each Sector?

I think the problem with this strategy is that would mean you would be buying after those companies already had their big run up. You would want to buy those companies that will be at, or near the top, in the future. Figuring that out is not easy.
by JonnyDVM
Sun May 24, 2020 11:39 am
Forum: Investing - Theory, News & General
Topic: artificial intelligence ETFs
Replies: 20
Views: 1593

Re: artificial intelligence ETFs

I think the reality is that most of the growth in AI is not going to come from publicly traded companies but from startups, and this ETF is not an effective way to invest in those. Certainly giving up nearly 1% to fees to buy pieces of these companies seems like a poor use of money. This is true an...
by JonnyDVM
Sun May 24, 2020 11:35 am
Forum: Investing - Theory, News & General
Topic: Examples of why NOT to hold individual stocks
Replies: 71
Views: 5414

Re: Examples of why NOT to hold individual stocks

Here's a classic from 2014. This is the company that was making sapphire screens for the upcoming iPhones. "But iPhones don't have sapphire screens!" No they do not. I remember reading this disaster as it unfolded in real time. GT Advanced Technologies I remember this. Those poor people. So many ta...
by JonnyDVM
Sun May 24, 2020 11:25 am
Forum: Investing - Theory, News & General
Topic: Businesses that are permanently destroyed due to COVID?
Replies: 34
Views: 2692

Re: Businesses that are permanently destroyed due to COVID?

Crowded bars and clubs are going to take the worst of this. I see them rising again after we have a vaccine or herd immunity, but I can see a great many going under. Clubs and effective social distancing are just not compatible. Permanently destroyed? I don’t know that anything will be permanently d...
by JonnyDVM
Fri May 22, 2020 6:06 am
Forum: Investing - Theory, News & General
Topic: Dr. Malkiel: “I believe that investors need to put more China into their portfolios“
Replies: 138
Views: 8739

Re: Dr. Malkiel: “I believe that investors need to put more China into their portfolios“

The reason to avoid China's equity markets can be summarized in one word: dilution. The best estimates are that the Chinese equity markets dilute their share pools on the order of about 20% per year, so even if the country is growing its GDP and corporate profits at slightly less than 10% pa, they ...
by JonnyDVM
Wed May 20, 2020 5:14 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 5583
Views: 478845

Re: U.S. stocks continue to soar!

Courtesy of this soaring market, I’m back to “even” for my portfolio value — including addition of new capital. Was a long crawl back, happy to be making new highs again. When we get back to even one day ... oh baby... can’t wait! Bought both stocks and bonds today, feels good to be buying at a dis...
by JonnyDVM
Mon May 18, 2020 7:31 pm
Forum: Investing - Theory, News & General
Topic: Small Cap Value heads Rejoice !!!
Replies: 1474
Views: 119268

Re: Small Cap Value heads Rejoice !!!

Up almost 8% today. Nice little pop. If you didn’t sell, crack one open to celebrate. :beer
by JonnyDVM
Mon May 18, 2020 6:36 am
Forum: Personal Finance (Not Investing)
Topic: College Student: The Lost Summer
Replies: 10
Views: 1724

Re: College Student: The Lost Summer

The at home child care market is hot right now. Your daughter should have no trouble finding a nanny job. There a lot of parents who are/were counting on that daycare to open.
by JonnyDVM
Sun May 17, 2020 9:26 pm
Forum: Personal Investments
Topic: REITS: Hold or Fold?
Replies: 9
Views: 1130

Re: REITS: Hold or Fold?

Feeling like a broken record, but dumping REIT now is the classic sell low move. I myself am buying more but regardless, I would suggest just holding it since buy more wasn’t an option. You don’t have a very heavy REIT tilt. I really wouldn’t stress about it.
by JonnyDVM
Sun May 17, 2020 8:42 am
Forum: Personal Finance (Not Investing)
Topic: Income about to be halved - what do we do?
Replies: 62
Views: 7672

Re: Income about to be halved - what do we do?

Fortunately, you were living well below your means. It looks like you’re just going to have to stop saving until things normalize and salaries increase. Personally, I don’t see a need to slash and burn. If things get worse though...
by JonnyDVM
Sun May 17, 2020 8:23 am
Forum: Personal Consumer Issues
Topic: Stinkbug screened in deck problem
Replies: 25
Views: 2213

Re: Stinkbug screened in deck problem

Is there a door from the porch directly to the outside? That gap seems to be where they enter ours from. This sounds like an extremely annoying problem.
by JonnyDVM
Sat May 16, 2020 4:01 pm
Forum: Personal Finance (Not Investing)
Topic: Small businesses stopping employees from getting Pandemic payments?
Replies: 54
Views: 3330

Re: Small businesses stopping employees from getting Pandemic payments?

The government made a big mistake with the first relief bill and they know it. Unemployment benefits should never exceed what someone was being paid. Restaurants are having trouble getting staff back to work and your relative also benefited from that oversight. His choices are to go back on the norm...
by JonnyDVM
Sat May 16, 2020 3:51 pm
Forum: Personal Finance (Not Investing)
Topic: Fraudulent charges... Getting really tired of the number of times this happens and resulting hassle.
Replies: 56
Views: 4416

Re: Fraudulent charges... Getting really tired of the number of times this happens and resulting hassle.

Yah it’s annoying. Happens at least a couple times a year to us. I assume the numbers are often stolen by hackers. When you use a lot of merhants, someone is eventually going to be compromised. Maybe there are other avenues used to steal them, but I can’t imagine there are that many skimmers out the...
by JonnyDVM
Sat May 16, 2020 3:47 pm
Forum: Personal Consumer Issues
Topic: Weber Grill Will Not Light - Help
Replies: 34
Views: 1634

Re: Weber Grill Will Not Light - Help

Make sure the propane tank is attached right. If it’s just off a little where it screws in nothing will happen. Light it manually with one of those trigger type lighters. If it lights, then your ignition needs replaced. They can send you a replacement ignition switch if it’s broken.
by JonnyDVM
Fri May 15, 2020 6:11 am
Forum: Personal Finance (Not Investing)
Topic: Mountain cabin?
Replies: 24
Views: 3751

Re: Mountain cabin?

You have plenty of assets and still don’t plan on retiring for a few more years. If renovating either will make you happier in retirement please go for it. To me 750sq feet is a bit tight to live for a few months a year so I would lean towards redoing the house. But once again, do whatever will brin...
by JonnyDVM
Wed May 13, 2020 9:39 pm
Forum: Personal Consumer Issues
Topic: Coronavirus Flight Cancel Thread
Replies: 224
Views: 13306

Re: Delta Sky-nightmare

Just cancel online and take the credit. You’ll have two years to use it. Why continue to deal with the aggravation?
by JonnyDVM
Wed May 13, 2020 9:35 pm
Forum: Personal Consumer Issues
Topic: Dentist charges $10 for PPE
Replies: 234
Views: 10750

Re: Dentist charges $10 for PPE

It would make more sense to raise the cost of the cleaning. Clients don’t like to feel nickel and dimed. I would have said something there. If enough people do they will stop charging it. If my dentist requests a reasonable PPE fee on my next visit, I'll pay it. Once treatments, vaccines, herd immu...
by JonnyDVM
Wed May 13, 2020 7:50 pm
Forum: Personal Consumer Issues
Topic: Dentist charges $10 for PPE
Replies: 234
Views: 10750

Re: Dentist charges $10 for PPE

I get prices go up, but I find it annoying when additional charges are added in for something that's not optional. Do I have a choice as to whether or not they use PPE when they provide the service? Agreed. Someone at the dental office got bad advice in regards to handling the additional cost of PP...
by JonnyDVM
Tue May 12, 2020 6:21 am
Forum: Personal Finance (Not Investing)
Topic: how much to charge for two large dogs at rental
Replies: 41
Views: 2524

Re: how much to charge for two large dogs at rental

Whether you love animals or not large dogs are hard on floors and especially hard on a yard. I used to charge a one time fee when I was a landlord but $25 seems reasonable. I would make sure they aren’t the type of dog that home insurance refuses to cover.
by JonnyDVM
Tue May 12, 2020 6:14 am
Forum: Personal Finance (Not Investing)
Topic: Broke mother-in-law retiring due to COVID-19
Replies: 54
Views: 6485

Re: Broke mother-in-law retiring due to COVID-19

Not a lot I to offer unfortunately. It looks like she’s going to be living off social security. I would definitely recommend downgrading the housing. What about part time low risk work like tutoring? That would help. The credit card debt is a killer. I would use the condo money to pay that off and m...
by JonnyDVM
Mon May 11, 2020 10:41 pm
Forum: Personal Finance (Not Investing)
Topic: What to do with Chase Ultimate Rewards points?
Replies: 13
Views: 1406

Re: What to do with Chase Ultimate Rewards points?

I’m still holding them for travel. At the very least we’ll be able to travel domestically soon enough I’m betting. Even a drive to luxury hotel for a weekend is on the table. One baby that isn’t walking isn’t too bad to travel with. The extra 25% for travel makes using the points for anything else p...
by JonnyDVM
Sun May 10, 2020 9:03 pm
Forum: Personal Investments
Topic: Why no love for REITs?
Replies: 102
Views: 8705

Re: Why no love for REITs?

for those with > 10% allocation towards REITs, has recent events changed your perspective or not? whether you're staying the course or not, why/why not? No. Why would I change a long term strategy based on recent events? I even bought more last month. *audible gasp*. I think I’m the only guy on thi...
by JonnyDVM
Sun May 10, 2020 7:15 pm
Forum: Personal Consumer Issues
Topic: What are your alternative plans this summer if it was travel?
Replies: 65
Views: 5311

Re: What are your alternative plans this summer if it was travel?

UpperNwGuy wrote:
Sun May 10, 2020 2:56 pm
flyingaway wrote:
Sun May 10, 2020 1:47 pm
So, do you have any interesting plans for this summer in lieu of travel?
My alternative plans? Stay home and be bored. There's no way to put lipstick on this pig.
Oh you too? Crazy. I’m also doing that. I’m getting really really good at making margaritas though.
by JonnyDVM
Sun May 10, 2020 4:52 pm
Forum: Personal Consumer Issues
Topic: Buying a used Jaguar
Replies: 40
Views: 2513

Re: Buying a used Jaguar

They paid $2k for it? Just drive it until something big goes wrong and then tow it down to the junk yard; they’ll get $500 or so for it as salvage. Take it to an independent shop for maintenance, not the dealer, and their risk is small and they get to drive a Jag around for awhile. Maximum exposure...
by JonnyDVM
Sun May 10, 2020 12:51 pm
Forum: Personal Consumer Issues
Topic: What are you doing for haircuts due to coronavirus shutdown?
Replies: 254
Views: 20097

Re: What are you doing for haircuts due to coronavirus shutdown?

I got a haircut yesterday. At the salon. It was an excellent day for all involved. Me too. Got it cut Wednesday. I called the Friday before after seeing the email announcing the reopening and that was the first appointment available. When I went in they said they now have a waiting list two pages l...
by JonnyDVM
Sun May 10, 2020 9:33 am
Forum: Personal Consumer Issues
Topic: Is it worth buying an infant car seat for each car.
Replies: 71
Views: 3144

Re: Is it worth buying an infant car seat for each car.

Coming back to add that they make lightweight no frills car seats for travel. I would recommend one. We have a couple. They stack and we can just attach them to a suitcase and roll. Your back will thank you at the airport.
by JonnyDVM
Sun May 10, 2020 9:22 am
Forum: Personal Investments
Topic: Why no love for REITs?
Replies: 102
Views: 8705

Re: Why no love for REITs?

I think a lot of us have an REIT tilt. They are about the worst possible investment from a tax standpoint so they have to go in tax advantaged. That to me is the biggest drawback. A prevailing opinion is here TSM already has REIT so no need to overweight and I’ve seen a few posters note the current ...
by JonnyDVM
Sat May 09, 2020 6:09 am
Forum: Personal Finance (Not Investing)
Topic: Very Low Student Loan Interest Rate - Invest Instead?
Replies: 34
Views: 1850

Re: Very Low Student Loan Interest Rate - Invest Instead?

This is going to be the rare instance where I think you should forgo loan payoff and invest into equities. It’s going to be almost impossible to not beat the 1.6% long term on your loans. The variable rate doesn’t scare me too much. The rate would have to double before I would begin to rethink this ...
by JonnyDVM
Fri May 08, 2020 9:37 pm
Forum: Personal Consumer Issues
Topic: Is it worth buying an infant car seat for each car.
Replies: 71
Views: 3144

Re: Is it worth buying an infant car seat for each car.

Swapping stinks. Each car gets its own set of seats. Not to mention if you mess up the install once with all your swapping it can literally have deadly consequences. This is not something you want to be frugal about. For infants you can get multiple bases and the one carrier that clicks in all of th...
by JonnyDVM
Fri May 08, 2020 9:34 pm
Forum: Personal Investments
Topic: Significant gains since I tax loss harvested
Replies: 18
Views: 1576

Re: Significant gains since I tax loss harvested

I recently tax loss harvested my Total International Index Fund and subsequently purchased a similar fund. It has been over 30 days now since that transaction occurred, and I have realized significant gains in the TLH partner that I purchased. The gains are roughly 50% of the loss that I incurred f...
by JonnyDVM
Fri May 08, 2020 5:46 am
Forum: Personal Finance (Not Investing)
Topic: PPP, adding additional employee?
Replies: 19
Views: 787

Re: PPP, adding additional employee?

Here is the relevant info- The loan forgiveness amount will be reduced if there is a reduction in the number of FTEs. This reduction percentage is calculated at the election of the borrower by either of the following: Average number of FTEs per month (over the eight-week period) Average number of FT...
by JonnyDVM
Fri May 08, 2020 5:42 am
Forum: Personal Finance (Not Investing)
Topic: Jumbo refi rates
Replies: 6
Views: 689

Re: Jumbo refi rates

I’ve run into surprising trouble trying to refi a jumbo this week. The literally ran out of investor money for them. So if you find a place that can do it let me know.
by JonnyDVM
Thu May 07, 2020 9:14 pm
Forum: Personal Investments
Topic: Notary Signature Amidst COVID 19
Replies: 22
Views: 1342

Re: Notary Signature Amidst COVID 19

used UPS a week ago. that was the only option I had (usps didn't, fed ex didn't, and my credit union didn't. another local bank would only notarize if it was related to their account, so that was out too). UPS came through. I also use UPS. I’ve found the notary at the bank is seldom in the office e...
by JonnyDVM
Thu May 07, 2020 7:39 pm
Forum: Personal Finance (Not Investing)
Topic: PPP, adding additional employee?
Replies: 19
Views: 787

Re: PPP, adding additional employee?

There is no negative effect or downside to adding an employee to payroll. That is the goal of the program. To keep people off unemployment. The forgivable portion of the loan was based on last years average monthly payroll. If you payroll is higher if doesn’t matter. So add an employee but the amou...
by JonnyDVM
Thu May 07, 2020 7:27 pm
Forum: Personal Finance (Not Investing)
Topic: Trying to lower tax on short term capital gains. Do conservation easements work?
Replies: 136
Views: 8875

Re: Trying to lower $800k tax on short term capital gains. Do conservation easements work?

Step 1: OP snags huge 1.2 million dollar score day trading. Step 2: OP comes to Bogleheads trying to figure out ways to decrease tax burden. Step 3: Buying an investment property and working enough hours to qualify as a real estate professional for tax purposes somehow is established as the best sug...