Search found 1920 matches

by GoldenFinch
Sat Nov 16, 2019 7:23 am
Forum: Investing - Theory, News & General
Topic: Preparing for a down market
Replies: 46
Views: 3927

Re: Preparing for a down market

I think Taylor Larimore often quotes someone (I’m not sure who) who says more money is lost preparing for bear markets than is lost in actual bear markets. I’ve found that to be true for me, so I just stick to my general plan of putting X amount of money in every month automatically so I don’t have...
by GoldenFinch
Fri Nov 15, 2019 8:13 pm
Forum: Investing - Theory, News & General
Topic: Preparing for a down market
Replies: 46
Views: 3927

Re: Preparing for a down market

I think Taylor Larimore often quotes someone (I’m not sure who) who says more money is lost preparing for bear markets than is lost in actual bear markets. I’ve found that to be true for me, so I just stick to my general plan of putting X amount of money in every month automatically so I don’t have ...
by GoldenFinch
Fri Nov 15, 2019 2:23 pm
Forum: Investing - Theory, News & General
Topic: Letting retirement funds grow, without further contribution
Replies: 38
Views: 2077

Re: Letting retirement funds grow, without further contribution

Don’t give up that Roth IRA space. All of the tax free growth you will get if you keep contributing, don’t pass that up. Also, if you’re getting a 401K match, don’t skip the free money. That’s just my two cents. Here’s my third cent - you don’t want to look back and have regrets. Any spending you do...
by GoldenFinch
Thu Nov 14, 2019 4:49 pm
Forum: Investing - Theory, News & General
Topic: Why would a CPFA recommend high fee funds?
Replies: 37
Views: 1461

Re: Why would a CPFA recommend high fee funds?

The reason these finance people get away with putting terrible fund choices in retirement plans is because so few people are educated about finance, fees, etc, and they can usually get away with it without anyone complaining. So complain a lot and hopefully you will be successful and your employer w...
by GoldenFinch
Wed Nov 13, 2019 5:36 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 1971
Views: 203478

Re: U.S. stocks continue to soar!

Ho hum, a other record close for DOW and S&P. Anyone getting tired of this? I am willing to suffer record highs, myself. It's the drop that I know will be coming sometime that I dread. Oh well, I'm just along for the ride, and a glorious ride it has been. An embarrassment abundance of riches. Fortu...
by GoldenFinch
Wed Nov 13, 2019 5:28 am
Forum: Personal Finance (Not Investing)
Topic: Pension Lump Sum Offer - Monthly Big Mac in 2047?
Replies: 10
Views: 1482

Re: Pension Lump Sum Offer - Monthly Big Mac in 2047?

If you take the lump sum and roll it into an IRA you have control over the money and how it’s invested. Even if the pension is solid now, 30 years is a long ways away. I had a similar situation and took the lump sum three years ago and I am happy I did because they had the money invested more conser...
by GoldenFinch
Tue Nov 12, 2019 4:36 pm
Forum: Investing - Theory, News & General
Topic: The End Is Near....Isn't It ?
Replies: 27
Views: 2113

Re: The End Is Near....Isn't It ?

Adjust your asset allocation to a point where you are comfortable and then ignore the noise.
by GoldenFinch
Tue Nov 12, 2019 12:09 pm
Forum: Personal Investments
Topic: Spend It All vs. Leave $$ for the Kids
Replies: 188
Views: 14208

Re: Spend It All vs. Leave $$ for the Kids

CurlyDave wrote:
Sat Nov 09, 2019 12:44 pm
I want to become the favorite ancestor of all my descendants.
We all want an ancestor like you! :happy
by GoldenFinch
Sun Nov 10, 2019 12:00 pm
Forum: Personal Consumer Issues
Topic: What is this sound in the house?
Replies: 28
Views: 3204

Re: What is this sound in the house?

We live in a very old house and coexist with sparrows, flying squirrels, at least one chipmunk and probably some mice in our walls, but we have cats so they are doomed if they make their way inside the house. All of the animals live in small areas of the house and I am pretty good at identifying the...
by GoldenFinch
Fri Nov 08, 2019 6:23 pm
Forum: Personal Finance (Not Investing)
Topic: Should I buy the family cottage?
Replies: 90
Views: 7235

Re: Should I buy the family cottage?

I would absolutely buy it.
by GoldenFinch
Thu Nov 07, 2019 5:08 pm
Forum: Investing - Theory, News & General
Topic: US Bonds in free fall
Replies: 46
Views: 4673

Re: US Bonds in free fall

Since this type of thread does not exist here it is now... All the strong recent gains that Bonds have seen seem to be evaporating as we speak. BIV (Vanguard Intermediate Bond ETF) is DOWN 1.6% month to date so far and still dropping. Relative to the annual average expected return for the asset cla...
by GoldenFinch
Thu Nov 07, 2019 4:53 pm
Forum: Investing - Theory, News & General
Topic: US Bonds in free fall
Replies: 46
Views: 4673

Re: US Bonds in free fall

Since this type of thread does not exist here it is now... All the strong recent gains that Bonds have seen seem to be evaporating as we speak. BIV (Vanguard Intermediate Bond ETF) is DOWN 1.6% month to date so far and still dropping. Relative to the annual average expected return for the asset cla...
by GoldenFinch
Wed Nov 06, 2019 5:58 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 1971
Views: 203478

Re: U.S. stocks continue to soar!

Isn't it kind of incredible that everyone's happy (or should be) heading into year end? The Bond bearers are happy The Bulls are happy The Gold bugs are happy The Alt investments are happy The Always Defensives are happy This could all end very badly :sharebeer Must happiness always come to an end?...
by GoldenFinch
Sun Nov 03, 2019 6:37 pm
Forum: Personal Consumer Issues
Topic: Halloween Candy - Favorites; Throw it in the Bag
Replies: 61
Views: 3240

Re: Halloween Candy - Favorites; Throw it in the Bag

This is the first year I can remember where I ate not one single piece of Halloween candy. But if I had no self control I would eat all of the peanut butter cups, Hershey bars, Kit Kat bars and Almond Joys. Then I would eat the candy corn, bubble gum and maybe the Snickers and Milky Ways.
by GoldenFinch
Sun Nov 03, 2019 12:36 am
Forum: Forum Issues and Administration
Topic: Why is the forum blue?
Replies: 17
Views: 3743

Re: Why is the forum blue?

When I saw the thread title I thought you were saying we were all depressed.

As far as the color blue, I think this has been discussed before. Someone wanted a black background, but I think it was made clear that it was staying blue. I kind of like it.
by GoldenFinch
Sat Nov 02, 2019 10:05 pm
Forum: Investing - Theory, News & General
Topic: How do you reconcile these two opposing views
Replies: 42
Views: 3669

Re: How do you reconcile these two opposing views

I fall in the camp of believing that the general trend of stocks over time is up and the best way to avoid behavioral mistakes (like buying high and selling low) is to automate your investing and only sell when you need the money. The general Boglehead philosophy outlined in the Wiki works pretty we...
by GoldenFinch
Wed Oct 30, 2019 9:09 pm
Forum: Personal Consumer Issues
Topic: Timeshare offer experience
Replies: 103
Views: 10159

Re: Timeshare offer experience

They must have reason to believe offering these trips will eventually pay off for them.
by GoldenFinch
Wed Oct 30, 2019 3:19 pm
Forum: Personal Investments
Topic: Afraid to take the leap
Replies: 42
Views: 5105

Re: Afraid to take the leap

Automate your investments. After they become automatic you will not think/worry about timing. If the market starts to head downward you will be buying low. When the market goes up you will see your money grow. This process is a recipe for financial success. Many of us have lived through earlier econ...
by GoldenFinch
Tue Oct 29, 2019 6:20 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 1971
Views: 203478

Re: U.S. stocks continue to soar!

Bulls make money, Bears make money, Pigs get slaughtered. This is all very pessimistic. Not at all. That means stay the course, stick with your asset allocation and don't go chasing the flavor of the month. I know. My comment was directed at the picture of the flying pig balloon above your quote as...
by GoldenFinch
Mon Oct 28, 2019 8:54 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 1971
Views: 203478

Re: U.S. stocks continue to soar!

...[/img] Bulls make money, Bears make money, Pigs get slaughtered. This is all very pessimistic. Well, just don't get the idea that you won't see "pigs fly", evidence has been provided. True! But I’m worried he might ‘pop’ and that would be bad and certainly would not be a good reflection of soari...
by GoldenFinch
Mon Oct 28, 2019 8:24 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 1971
Views: 203478

Re: U.S. stocks continue to soar!

J G Bankerton wrote:
Mon Oct 28, 2019 8:06 am
JoMoney wrote:
Mon Oct 28, 2019 7:49 am
Image
Bulls make money, Bears make money, Pigs get slaughtered.
This is all very pessimistic.
by GoldenFinch
Sun Oct 27, 2019 12:03 pm
Forum: Personal Investments
Topic: I’m done with index funds
Replies: 201
Views: 20503

Re: I’m done with index funds

Since you are telling us this info, please report back to tell how it works out. Best of luck!
by GoldenFinch
Sun Oct 27, 2019 9:49 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 1971
Views: 203478

Re: U.S. stocks continue to soar!

There is always something to worry about. The money scandals, the sex scandals, the sex and money scandals. If that wasn't enough, you worry about the money and sex scandals. Is the economy going too slow? Is the economy overheating? Lots of this is just noise. What causes you to worry about the ec...
by GoldenFinch
Sat Oct 26, 2019 9:31 pm
Forum: Personal Finance (Not Investing)
Topic: How much does a "good school district" matter?
Replies: 76
Views: 6603

Re: How much does a "good school district" matter?

A good school district usual translates to better resources. Better resources usually mean more opportunities for students. Unfortunately a good school district is no guarantee of a good overall experience for your child.
by GoldenFinch
Fri Oct 25, 2019 10:50 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 1971
Views: 203478

Re: U.S. stocks continue to soar!

J G Bankerton wrote:
Fri Oct 25, 2019 10:34 am
MotoTrojan wrote:
Thu Oct 24, 2019 3:16 pm
I am hoping for a drop so I can TLH my taxable US large-cap holding into $16K in Roth contributions in small-value :), early next year.
How do you put $16,000 in a Roth in one year?

My VTI just hit a high for they year; are we having fun yet? :sharebeer
Probably a Roth 401K.
by GoldenFinch
Tue Oct 22, 2019 4:21 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 1971
Views: 203478

Re: U.S. stocks continue to soar!

Futures are UP again for tomorrow, currently at 3012... strong momentum, looks like we are going to break the previous all time highs. Good to see Small Caps performing as well, SCV up 1+% and SCB up 0.9%. S&P is trading at 3012. Continuing to inch up that wall of worry. Record highs are in sight. ...
by GoldenFinch
Sun Oct 20, 2019 6:03 am
Forum: Personal Finance (Not Investing)
Topic: vacation home
Replies: 19
Views: 3188

Re: vacation home

Do all four children want to keep the house? Can all four children afford to contribute to the taxes and upkeep in perpetuity? What if one of them lost interest in the house or had financial troubles? Could the others afford to buy them out? How would the fair price be determined? You said one relat...
by GoldenFinch
Sat Oct 19, 2019 5:30 am
Forum: Personal Consumer Issues
Topic: selling house, should we put in sod to replace ugly lawn?
Replies: 45
Views: 3743

Re: selling house, should we put in sod to replace ugly lawn?

A buyer might think that if the seller ignored the care of the lawn they may have also ignored other upkeep as well. We had a neighbor who had a terrible lawn and when they tried to sell their house it sat there forever. It was strange because the neighbor focused on fixing up so many other small fe...
by GoldenFinch
Thu Oct 17, 2019 3:44 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 1971
Views: 203478

Re: U.S. stocks continue to soar!

https://i.pinimg.com/736x/d4/21/22/d4212297b63ce92138f6a9352383f6ff.jpg Looks like it's diving rather than soaring... hmmmm.... :wink: Up, up, and away! https://i.imgur.com/nInZNrD.jpg There is a bit of a problem with that second picture if you think about what happens next. At least in terms of th...
by GoldenFinch
Mon Oct 14, 2019 6:44 pm
Forum: Personal Finance (Not Investing)
Topic: poor Boglehead sending my kids to college
Replies: 69
Views: 5842

Re: poor Boglehead sending my kids to college

Your kids will get out of school what they put into it. You can get a very good education no matter where you go to school. Limiting them to what worked for you could be a mistake. Let them fly free, and do what they want! The above statement rings true in my experience. You can pay a fortune or ne...
by GoldenFinch
Mon Oct 14, 2019 2:11 pm
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 4794
Views: 1248826

Re: What Movie Have You Recently Watched?

LilyFleur wrote:
Mon Oct 14, 2019 12:18 pm
Peanut Butter Falcon, in theaters now. Beautiful movie.
We saw this movie too and thought it was great. I highly recommend it.
by GoldenFinch
Fri Oct 11, 2019 7:25 am
Forum: Investing - Theory, News & General
Topic: If Charles Schwab et al. drop commissions to zero, can we build our own index funds?
Replies: 68
Views: 7219

Re: If Charles Schwab et al. drop commissions to zero, can we build our own index funds?

Building your own index fund sounds like both a full time job and an experiment. I would think your risk of behavioral mistakes would skyrocket.
by GoldenFinch
Tue Oct 08, 2019 5:01 am
Forum: Personal Investments
Topic: All in on VT?
Replies: 30
Views: 4726

Re: All in on VT?

Thanks all for the great advice! It sounds like the pros and cons of owning all VT are as follows: Pros: - One single fund - No need to think about rebalancing Cons: - No tax loss harvesting - Cannot decide US/Int'l weighting - Higher overall expense ratio With all that in mind, I'll stick to VT fo...
by GoldenFinch
Sun Oct 06, 2019 7:53 pm
Forum: Personal Consumer Issues
Topic: Kayaking & Fisherman - What is proper etiquette?
Replies: 33
Views: 3844

Re: Kayaking & Fisherman - What is proper etiquette?

I think you just need someone to say it’s okay. So I will say it, you are forgiven. You did nothing wrong. Never worry about such things again.
by GoldenFinch
Sat Oct 05, 2019 5:54 pm
Forum: Personal Consumer Issues
Topic: Kayaking & Fisherman - What is proper etiquette?
Replies: 33
Views: 3844

Re: Kayaking & Fisherman - What is proper etiquette?

If you see someone fishing, just try to steer clear. No big deal. General consideration is all that’s needed.
by GoldenFinch
Thu Oct 03, 2019 8:22 pm
Forum: Personal Investments
Topic: I pulled out... How do I get back in?
Replies: 100
Views: 13390

Re: I pulled out... How do I get back in?

OP, No ETF. Pick a target retirement fund. KlangFool +1 Why target retirement fund instead of 5 etfs? Won’t I be paying too much in fees? Domadosolo, 1) You are not capable of handling 5 ETFs. So, it is pointless to discuss the fees of a plan that you cannot execute. 2) The fees are insignificant a...
by GoldenFinch
Thu Oct 03, 2019 4:34 pm
Forum: Personal Finance (Not Investing)
Topic: [When my children marry, should they sign a pre-nuptial agreement?]
Replies: 95
Views: 7979

Re: Daddy I'm engaged! Pre-nup?

Unless it’s a second marriage or there are significant assets I see no reason for a prenup. Attempting to control adult children with ideas about how money will be distributed in the future can really ruin relationships. You have to think about what is more important - the relationship you have with...
by GoldenFinch
Thu Oct 03, 2019 3:42 pm
Forum: Personal Investments
Topic: I pulled out... How do I get back in?
Replies: 100
Views: 13390

Re: I pulled out... How do I get back in?

I have all my IRA in MM. Suggestions for getting back in the market? ETFs? Why did i pull out? I wanted to hedge some market downside, anticipating a 5% drop with the global uncertainty, knowing i could miss a 5% upside I didn't pull out of the taxable assets due to tax issues, Silly me, pulled out...
by GoldenFinch
Thu Oct 03, 2019 4:48 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 12340
Views: 2128192

Re: U.S. stocks in free fall

On Mon Aug 08, 2011 1:30 pm DOW is down by over 550 points with a couple hours of trading left. DIJA market close 8/5/11 (Friday) was 11,444.61. DIJA market close 8/8/11 (Monday) was 10,809.85. That's a 5.55% drop between trading days. At the time of OP's post, it was a 4.81% drop. So what's a free...
by GoldenFinch
Thu Oct 03, 2019 4:35 am
Forum: Personal Investments
Topic: I pulled out... How do I get back in?
Replies: 100
Views: 13390

Re: I pulled out... How do I get back in?

A 50% run-up would be missed, and it might happen before the next 20% or more drop. ... I'm just curious as to where you eternal optimism stems from? We have had an outstanding year until recently and yet nothing in my portfolio has, to my knowledge, experienced a "50% run up." A couple of notable ...
by GoldenFinch
Tue Oct 01, 2019 3:53 pm
Forum: Investing - Theory, News & General
Topic: If all brokerages charged zero commission for trades, which brokerage would you pick?
Replies: 75
Views: 6793

Re: If all brokerages charged zero commission for trades, which brokerage would you pick?

RandomWord wrote:
Tue Oct 01, 2019 3:44 pm
FrugalConservative wrote:
Tue Oct 01, 2019 3:32 pm
Its the race to zero
Why stop at zero? Maybe some broker will start paying us for our trades.
Is that similar to negative interest rates, but backwards? :happy
by GoldenFinch
Mon Sep 30, 2019 3:02 pm
Forum: Personal Finance (Not Investing)
Topic: How does SS security office knows you're alive?
Replies: 19
Views: 2553

Re: How does SS security office knows you're alive?

I’m guessing since a non-living person can’t cash a check, that would be one way they would know if someone wasn’t alive. Are Social Security checks direct deposited? Even if they are, the account would soon be closed. I would think that the estate would notify Social Security if the person had died...
by GoldenFinch
Sun Sep 29, 2019 12:25 pm
Forum: Personal Finance (Not Investing)
Topic: Do you know what your partner spends money on?
Replies: 80
Views: 6566

Re: Do you know what your partner spends money on?

We have only joint credit cards and joint checking/saving accounts. Makes everything transparent. We have never budgeted. Found that tracking saving/investing allowed us to reach goals. I think because we had big savings goals the spending kind of took care of itself. I have no idea what my wife sp...
by GoldenFinch
Sun Sep 29, 2019 11:39 am
Forum: Personal Finance (Not Investing)
Topic: Staying the course is so hard (support thread)
Replies: 141
Views: 15152

Re: Staying the course is so hard (support thread)

ERguy, go ahead and buy the car and then stop thinking about it. Just enjoy the car. You can afford it and it won’t set your retirement back. Consider it “taking a little off the table” in an extended bull market. Or consider it a reward to yourself for all of your hard work. You’re doing everything...
by GoldenFinch
Sat Sep 28, 2019 7:37 am
Forum: Personal Finance (Not Investing)
Topic: Have you ever had to deal with an "evil" co-worker?
Replies: 11
Views: 1464

Re: Have you ever had to deal with an "evil" co-worker?

I always thought it was a personality type. I’ve noticed there has usually been one person like this at several places I’ve worked (and it’s not me :happy ). I agree that the best path is to treat the person professionally and otherwise avoid them like the plague.
by GoldenFinch
Sat Sep 28, 2019 7:30 am
Forum: Personal Finance (Not Investing)
Topic: Using IRA/401k Funds to Decrease Mortgage on New Home in Retirement
Replies: 13
Views: 748

Re: Using IRA/401k Funds to Decrease Mortgage on New Home in Retirement

I'm wondering if they should withdrawal some money from their retirement accounts to pay down the mortgage loan so their monthly payment is less. I wouldn't feel comfortable reducing my <$1M nest egg enough to make a difference in the monthly payments. What are their projected annual expenses in re...
by GoldenFinch
Sat Sep 28, 2019 6:07 am
Forum: Personal Finance (Not Investing)
Topic: Convince me not to raid my Roth to buy first condo
Replies: 46
Views: 3346

Re: Convince me not to raid my Roth to buy first condo

Your older self will thank your younger self when you look at your Roth balance :moneybag and realize it would have been much smaller if you had raided it to buy a condo. You will instead pat yourself on the back for making the wise decision to just rent a little longer and save up the 20% down paym...
by GoldenFinch
Sat Sep 28, 2019 5:01 am
Forum: Personal Investments
Topic: Merrill Lynch Advisor wants to meet for coffee
Replies: 108
Views: 9642

Re: Merrill Lynch Advisor wants to meet for coffee

krafty81 wrote:
Wed Sep 25, 2019 4:56 pm
I met one of those guys for coffee. His credit card was declined when he tried to pay...did not inspire much confidence! :(
That may have been his ploy to make you pay!
by GoldenFinch
Thu Sep 26, 2019 9:51 am
Forum: Personal Finance (Not Investing)
Topic: Success stories of NOT buying more/too much house
Replies: 109
Views: 18460

Re: Success stories of NOT buying more/too much house

When your kids move on to college etc, and it's just two of you, there is your reward, no need to move when you retire (at least not to downsize). And there are many more ways you save than just the cost of the larger house : 1) Lower utility bills (heat and electric) 2) Less furniture/carpeting/ro...
by GoldenFinch
Tue Sep 24, 2019 2:17 am
Forum: Personal Investments
Topic: Withdrawing Funds from Inherited IRA
Replies: 11
Views: 888

Re: Withdrawing Funds from Inherited IRA

Not sure concerning selling the house for our asking price. Last year we tried selling our house and after 3 months got frustrated and pulled it off the market due to the seller backing out 3 days before closing. We thought maybe waiting a year would give us time to reevaluate the entire process. I...