Search found 179 matches

by TheLaughingCow
Wed Jan 20, 2021 1:55 pm
Forum: Investing - Theory, News & General
Topic: Financial news.
Replies: 8
Views: 456

Re: Financial news.

Reuters and WSJ
by TheLaughingCow
Sun Jan 17, 2021 11:04 am
Forum: Personal Investments
Topic: Millennial - invest in bonds at all?
Replies: 103
Views: 7991

Re: Millennial - invest in bonds at all?

antman50 wrote: Sun Jan 17, 2021 10:57 am
TheLaughingCow wrote: Thu Jan 14, 2021 1:19 pm I am surprised by how equity heavy many of the posters on here are. I feel that a 25% allocation to safe bonds is the minimum acceptable for any age.
In your opinion, what means the criteria of “safe bonds”?
Federal government debt
by TheLaughingCow
Thu Jan 14, 2021 1:19 pm
Forum: Personal Investments
Topic: Millennial - invest in bonds at all?
Replies: 103
Views: 7991

Re: Millennial - invest in bonds at all?

I am surprised by how equity heavy many of the posters on here are. I feel that a 25% allocation to safe bonds is the minimum acceptable for any age.
by TheLaughingCow
Mon Dec 28, 2020 4:06 pm
Forum: Personal Finance (Not Investing)
Topic: Can we afford to build an $850,000 house
Replies: 90
Views: 6084

Re: Can we afford to build an $870,000 house

I wouldn't do it but it's certainly possible.
by TheLaughingCow
Sat Dec 19, 2020 11:17 pm
Forum: Investing - Theory, News & General
Topic: Considering Investing in Value Only - Thoughts
Replies: 114
Views: 6903

Re: Considering Investing in Value Only - Thoughts

When looking at P/E ratios, one really needs to consider the environment we're in. Earnings fell off a cliff this year. Most anticipate better earnings going forward then the trailing quarter or year. In January of 2009 the P/E the S&P 500 had a P/E of 70.91 - and that was a great time to be bu...
by TheLaughingCow
Mon Dec 14, 2020 11:25 am
Forum: Investing - Theory, News & General
Topic: What part of market cycle are we at ?
Replies: 9
Views: 789

Re: What part of market cycle are we at ?

Nobody will know until 3 years from now.
by TheLaughingCow
Sun Dec 13, 2020 3:38 pm
Forum: Personal Investments
Topic: 27 years old - How am I doing?
Replies: 30
Views: 4342

Re: 27 years old - How am I doing?

You are doing extremely well. What is the purpose of "diversifying" your portfolio? For example keeping 0.08% of your 401k ($92?) in each of the Lifepath Indexes from 2025 to 2065. Have you considered simplifying? The 0.08% you're referring to are expense ratios, not my 401k allocations :...
by TheLaughingCow
Sun Dec 13, 2020 3:30 pm
Forum: Personal Investments
Topic: 27 years old - How am I doing?
Replies: 30
Views: 4342

Re: 27 years old - How am I doing?

You are doing extremely well. 1) Saving the same amount each year you will have $600,000 by 37, assuming 0 growth. Considering your low expenses I would say you would be FI at that point. 3) Your emergency fund is already quite large, given your low expenses. 4) You are saving $38,000 per year and h...
by TheLaughingCow
Sun Dec 13, 2020 1:53 am
Forum: Investing - Theory, News & General
Topic: Educated guesses-- between market timing and buy and hold
Replies: 28
Views: 2236

Re: Educated guesses-- between market timing and buy and hold

“Obvious prospects for physical growth in a business do not translate into obvious profits for investors.” - Benjamin Graham
by TheLaughingCow
Sat Dec 12, 2020 4:54 pm
Forum: Personal Finance (Not Investing)
Topic: [Can I Retire In 4 Years?]
Replies: 8
Views: 2129

Re: 4 More Years??

Is there a reason you are nearly 100% stocks so close to retirement?
by TheLaughingCow
Thu Dec 10, 2020 11:24 pm
Forum: Personal Consumer Issues
Topic: Where do you get your news?
Replies: 45
Views: 2541

Where do you get your news?

What news sources do you use? I'm looking for news sources that fit the following criteria: - Global news with a focus on the USA. - Written at a high level with detailed analysis. - No misinformation and minimal political bias. - Free (willing to pay a low cost for very high quality news that can't...
by TheLaughingCow
Thu Dec 10, 2020 4:59 pm
Forum: Personal Finance (Not Investing)
Topic: If your net worth were the following amounts, how much real estate would you own?
Replies: 142
Views: 9759

Re: If your net worth were the following amounts, how much real estate would you own?

To clarify, my question was asking how much RE value you would own, and not how many homes (i.e. If I were worth $10M I would like own $3M in real estate (or whatever the number may be)) It seems from the responses that some people would just live in their current home even if they were worth $100M...
by TheLaughingCow
Thu Dec 10, 2020 4:13 pm
Forum: Personal Finance (Not Investing)
Topic: If your net worth were the following amounts, how much real estate would you own?
Replies: 142
Views: 9759

Re: If your net worth were the following amounts, how much real estate would you own?

Perhaps it's because I am one of the "poors" but I never understood the need to have more than 2 houses (1 for non-snowbirds).

It seems extraordinary wasteful to leave penthouses, yachts, and beach homes unoccupied for most of the year, regardless of the owner's level of wealth.
by TheLaughingCow
Wed Dec 09, 2020 6:49 pm
Forum: Personal Consumer Issues
Topic: Potential cost of games on iPad
Replies: 38
Views: 1884

Re: Potential cost of games on iPad

My 9-year old son paid $4.99 to download a game called "TD Bloons 6" on the Ipad. After playing for a while, he wanted to buy an in-app upgrade for another $4.99. I tried to tell him that these upgrades weren't with it and they would take all of his money while he could be playing other g...
by TheLaughingCow
Wed Dec 09, 2020 6:43 pm
Forum: Personal Consumer Issues
Topic: Potential cost of games on iPad
Replies: 38
Views: 1884

Re: Potential cost of games on iPad

How much money does he have? Maybe the most effective lesson is to get wiped out. For some things I would agree but not in this case. Games like this are designed to foster addictive behavior. As a 9 year old his brain is still developing. This could lead to lifelong problems managing addictions. I...
by TheLaughingCow
Mon Dec 07, 2020 3:32 pm
Forum: Personal Investments
Topic: HNW or VHNW folks, what are you invested in?
Replies: 20
Views: 2565

Re: HNW or VHNW folks, what are you invested in?

One thing to note is that his sampling of millionaires had quite a bit of survivorship bias. The people who had started a business and then failed were not interviewed. Nor were the people who had steadily accumulated wealth in a conservative manner, but failed to meet millionaire status. If you sta...
by TheLaughingCow
Mon Dec 07, 2020 2:19 pm
Forum: Investing - Theory, News & General
Topic: TESLA Valuation
Replies: 111
Views: 6924

Re: TESLA Valuation

What if they acquire their competition AOL-Time Warner style?

Will they still be overvalued then?
by TheLaughingCow
Sun Dec 06, 2020 7:36 pm
Forum: Investing - Theory, News & General
Topic: Hyperinflation hedge
Replies: 85
Views: 6343

Re: Hyperinflation hedge

Physical gold is pretty much the only thing I would trust.

Hyperinflation will likely be coupled with economic and societal collapse in your country so I would not trust real estate, GLD, TIPs etc to hold their value.
by TheLaughingCow
Fri Dec 04, 2020 9:10 pm
Forum: Investing - Theory, News & General
Topic: The Robinhood "videogame"
Replies: 105
Views: 10955

Re: The Robinhood "videogame"

... I am not that young, but I am old enough to see a trend. The younger generation (younger than me) is addicted to gambling whether it is through robinhood or cryptocurrency. Check out this video on youtube, these are kids gambling which is nuts in my view, or maybe I am starting to get old as we...
by TheLaughingCow
Sat Nov 28, 2020 10:00 am
Forum: Investing - Theory, News & General
Topic: Why are health care stocks so cheap?
Replies: 6
Views: 1152

Why are health care stocks so cheap?

I've been doing some research into individual health care stocks such as Cigna, CVS, and Walgreens. I've noticed a few things: 1) a huge run up in profits over the past 2 years. Profits have roughly doubled in the last 2 years and have been steadily increasing for the past 10. Same for free cash flo...
by TheLaughingCow
Wed Nov 25, 2020 9:36 am
Forum: Investing - Theory, News & General
Topic: BlackRock and the $15 trillion fund industry should be broken up, antimonopoly group says - CNN Business article
Replies: 33
Views: 3549

Re: BlackRock and the $15 trillion fund industry should be broken up, antimonopoly group says - CNN Business article

It won't happen. They have too much sway with politicians, and besides, the perceived harm to the customer is not large.

In before the lock.
by TheLaughingCow
Sun Nov 22, 2020 11:12 am
Forum: Investing - Theory, News & General
Topic: How to teach your kids about money/wealth
Replies: 23
Views: 1437

Re: How to teach your kids about money/wealth

Small allowance at age 6 (5$ weekly) As they age, larger amounts with more time in between (15$ biweekly, $40 monthly) to teach self control and saving. At age 10 or so give them interest on their saved money to teach about saving and the power of compounding interest. It's important to have your sp...
by TheLaughingCow
Sat Nov 21, 2020 10:49 pm
Forum: Personal Investments
Topic: Question about a small position in rapidly appreciating Ex-US stocks
Replies: 9
Views: 698

Re: Question about a small position in rapidly appreciating Ex-US stocks

OP, I have similar goals to you, just with a different target allocation. I would like to have 100% of my portfolio in rapidly appreciating stocks.
by TheLaughingCow
Tue Nov 17, 2020 3:24 pm
Forum: Personal Finance (Not Investing)
Topic: Path to UHNW
Replies: 48
Views: 5124

Re: Path to UHNW

btenny wrote: Mon Nov 16, 2020 3:17 pm Then buy residential real estate at a young age and purchase your first rental house at 21.

Buy good properties in nice neighborhoods in growing towns.

Buy another rental house every year.

Keep buying a house or two per year.
Just when I think bogleheads can’t get any more out of touch...
by TheLaughingCow
Sun Nov 08, 2020 8:36 pm
Forum: Investing - Theory, News & General
Topic: Muni deep risk?
Replies: 43
Views: 3869

Re: Muni deep risk?

bluquark wrote: Sun Nov 08, 2020 6:40 pm There's something about the psychology of muni investors and financial advisers that they love to focus excessively on what could go wrong.
That's the mentality of any prudent investor in bonds.
by TheLaughingCow
Tue Nov 03, 2020 10:47 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 12159
Views: 939777

Re: U.S. stocks continue to soar!

S&P 500 futures are up big time.
by TheLaughingCow
Tue Nov 03, 2020 10:13 pm
Forum: Personal Finance (Not Investing)
Topic: Overstretched and under contract for 1.3M house.. should I back out?
Replies: 79
Views: 11141

Re: Overstretched and under contract for 1.3M house.. should I back out?

You can afford the house.

Likely you are feeling the fear that comes with any big change or commitment in life.

Ask yourself why you committed to buy the house. If those reasons are still valid, buy the house.

If not, don't.
by TheLaughingCow
Mon Nov 02, 2020 11:25 pm
Forum: Personal Consumer Issues
Topic: My dog barks when I'm not home- solutions?
Replies: 79
Views: 5128

Re: My dog barks when I'm not home- solutions?

Wow...Shock collars, Vocal cord removal, inside a crate for several hours every day!!! Re-home it...somewhere none of these options are on the table. Most dogs don't view their crate as a prison but rather as a safe space. They are den animals. Don't assume that an animal has the same wants and nee...
by TheLaughingCow
Sun Oct 25, 2020 9:02 pm
Forum: Personal Finance (Not Investing)
Topic: Confessions of a personal finance reporter
Replies: 4
Views: 1320

Re: Confessions of a personal finance reporter

Confessions of a personal finance reporter: 3 of my worst money mistakes PUBLISHED SAT, OCT 24 202010:15 AM EDT Sarah O’Brien @SARAHTGOBRIEN KEY POINTS My mistakes have been plentiful over the course of my adult life. I’m not proud of the financial mistakes I’ve made. I’m sharing a few of the big o...
by TheLaughingCow
Tue Oct 20, 2020 4:26 pm
Forum: Personal Investments
Topic: Employer Cash Deferral Program (2.9% rate): Use in lieu of bonds? How would you think about it?
Replies: 22
Views: 1226

Re: Employer Cash Deferral Program (2.9% rate): Use in lieu of bonds? How would you think about it?

It may be more helpful to think of this program as you offering credit to your employer. What is the current interest rate on your company's credit facility/line of credit? What is their credit rating? What protections or claims to assets will you have if your company suddenly goes bankrupt? How lon...
by TheLaughingCow
Tue Oct 13, 2020 11:43 pm
Forum: Investing - Theory, News & General
Topic: Yield Chasers Rejoice: Oil Stocks at 6.44% !!!
Replies: 52
Views: 5556

Re: Yield Chasers Rejoice: Oil Stocks at 6.44% !!!

Op, stay the course, god willing, if oil takes another 50% bath, the yield will double yet again! :D Reminds me of an old joke: An airliner is flying from London to New York. About an hour into the flight, the pilot announced, "We have lost an engine, but don't worry, there are three left. How...
by TheLaughingCow
Mon Oct 12, 2020 11:11 pm
Forum: Investing - Theory, News & General
Topic: The Wrong Way to Think About Debt - The White Coat Investor
Replies: 215
Views: 26666

Re: The Wrong Way to Think About Debt - The White Coat Investor

The person advocating for more leverage is usually a 25-year-old with lots of debt, few assets, and little experience. It never seems to be the 60-year-old multimillionaire I'd like to emulate. I’m pretty sure every 60-year-old billionaire uses a lot of debt This was absolutely incredible bait, if ...
by TheLaughingCow
Sun Oct 11, 2020 9:00 pm
Forum: Investing - Theory, News & General
Topic: Inflation protection has never been so cheap
Replies: 16
Views: 2934

Re: Inflation protection has never been so cheap

Even if inflation increases, the price of oil may not increase commensurately.
by TheLaughingCow
Sat Oct 10, 2020 5:36 pm
Forum: Investing - Theory, News & General
Topic: BRK-B, Value Fund?
Replies: 41
Views: 3820

Re: BRK-B, Value Fund?

I would consider holding BRK to be less safe than holding a value fund. A single liability could balloon and kill the company. That won't happen to a value fund.
by TheLaughingCow
Sat Oct 10, 2020 9:35 am
Forum: Investing - Theory, News & General
Topic: "Active" Index investing vs. "Passive" Index investing
Replies: 197
Views: 8056

Re: "Active" investing vs. "Passive" investing

alex_686 wrote: Fri Oct 09, 2020 9:10 pm
one can be passive and aggressive at the same time
I have known a few people like this :)
by TheLaughingCow
Mon Oct 05, 2020 11:00 am
Forum: Investing - Theory, News & General
Topic: Barron's:A 60/40 Stocks/Bond Strategy Doesn’t Work. What to Do Instead.
Replies: 35
Views: 5774

Re: Barron's:A 60/40 Stocks/Bond Strategy Doesn’t Work. What to Do Instead.

Another article that encourages us to reach for yield. Where were these articles in March when these assets were trading at a discount?

BTW "equity-like" sure is a nice euphemism for "junk".
by TheLaughingCow
Sun Oct 04, 2020 3:15 pm
Forum: Investing - Theory, News & General
Topic: Actual Real Estate Investment vs REIT
Replies: 13
Views: 900

Re: Actual Real Estate Investment vs REIT

TheLaughingCow wrote: Sun Oct 04, 2020 3:11 pm Let me know if I'm wrong, but I believe self managed real estate investments have some significant tax advantages over REITs.
by TheLaughingCow
Sun Oct 04, 2020 3:11 pm
Forum: Investing - Theory, News & General
Topic: Actual Real Estate Investment vs REIT
Replies: 13
Views: 900

Re: Actual Real Estate Investment vs REIT

Let me know if I'm wrong, but I believe self conducted real estate investments have some significant tax advantages over REITs.
by TheLaughingCow
Sat Oct 03, 2020 11:06 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 21210
Views: 2878449

Re: U.S. stocks in free fall

Today was a preview of the next 5 to 10 years; small cap, value & gold flat to positive, large cap stocks & bonds both down. you're crazy. tech is going to dominate the remainder of our lives. Only because the definition of a "tech" stock can be stretched to fit nearly any modern ...
by TheLaughingCow
Sat Oct 03, 2020 8:16 pm
Forum: Investing - Theory, News & General
Topic: QE and inflation
Replies: 39
Views: 1903

Re: QE and inflation

fwellimort wrote: Sat Oct 03, 2020 8:04 pm I learnt a few things in Bogleheads.
1. No one knows nothing but stock market is practically guaranteed 12% returns. But only for domestic.
Perhaps you are confusing bogleheads and Dave Ramsey?
by TheLaughingCow
Sat Oct 03, 2020 7:58 pm
Forum: Personal Finance (Not Investing)
Topic: Can we go to one income?
Replies: 46
Views: 4970

Re: Can we go to one income?

What age does your wife want to retire?

What are your incomes after tax?

If your wife is the breadwinner you should get a lot of disability and term life insurance for her until your child is grown.
by TheLaughingCow
Sat Oct 03, 2020 7:50 pm
Forum: Investing - Theory, News & General
Topic: QE and inflation
Replies: 39
Views: 1903

Re: QE and inflation

Look at housing costs. It's unaffordable for the new generation and in highly sought after locations, prices are such that one can work an entire working career and still be unable to afford one. I'm not going to rebut all your inflation points. However, using this one as an example, if you look at...
by TheLaughingCow
Sat Oct 03, 2020 7:33 pm
Forum: Investing - Theory, News & General
Topic: QE and inflation
Replies: 39
Views: 1903

Re: QE and inflation

Look at housing costs. It's unaffordable for the new generation and in highly sought after locations, prices are such that one can work an entire working career and still be unable to afford one. I'm not going to rebut all your inflation points. However, using this one as an example, if you look at...
by TheLaughingCow
Sat Oct 03, 2020 7:07 pm
Forum: Investing - Theory, News & General
Topic: QE and inflation
Replies: 39
Views: 1903

Re: QE and inflation

Look at housing costs. It's unaffordable for the new generation and in highly sought after locations, prices are such that one can work an entire working career and still be unable to afford one. I'm not going to rebut all your inflation points. However, using this one as an example, if you look at...
by TheLaughingCow
Wed Sep 30, 2020 9:14 pm
Forum: Personal Investments
Topic: inflation rate over next 5 years
Replies: 25
Views: 2250

Re: inflation rate over next 5 years

Deleted.