Search found 1304 matches

by GoldenFinch
Mon Oct 16, 2017 8:13 pm
Forum: Investing - Help with Personal Investments
Topic: Joined the 1 comma club today!!!
Replies: 18
Views: 3455

Re: Joined the 1 comma club today!!!

:beer Here’s to your chuck of change, er, I mean, shares! :sharebeer
by GoldenFinch
Fri Oct 13, 2017 2:19 pm
Forum: Personal Consumer Issues
Topic: How many miles/years do you keep your car?
Replies: 108
Views: 6844

Re: How many miles/years do you keep your car?

My car is eight years old with 71K and looks brand new. :happy Husband’s car is 10 years old with 240k and looks like it’s been around the block a bit. It has a lifetime warranty because he bought it new (and dirt cheap) in 2008 when cars were on super sale. The warranty turned out to be a great dea...
by GoldenFinch
Wed Oct 11, 2017 9:19 pm
Forum: Personal Finance (Not Investing)
Topic: Best Career Advice for those over "50"
Replies: 60
Views: 6281

Re: Best Career Advice for those over "50"

All I can think while reading these kinds of threads is it’s too bad people are considered all washed up at such a young age. What a waste of talent and energy.
by GoldenFinch
Wed Oct 11, 2017 6:08 pm
Forum: Investing - Theory, News & General
Topic: What's your asset allocation and why?
Replies: 160
Views: 13803

Re: What's your asset allocation and why?

seersucker wrote:
Sat Jul 09, 2016 8:21 am
I'm a dual momentum guy, currently 100% in VOO. It just makes sense to me.
Seems like singular momentum to me. If I were way younger, it would make sense to me too.
by GoldenFinch
Tue Oct 10, 2017 7:11 pm
Forum: Personal Consumer Issues
Topic: Best weight loss resources?
Replies: 54
Views: 2321

Re: Best weight loss resources?

Every single one of these folks giving me a bunch of stuff (some repeatedly) is obviously overweight or obese and seems to be on multiple medications. One of them huffs and puffs just walking a few feet from her car. I get an analogous reaction when I choose to drink water rather than alcohol. Peop...
by GoldenFinch
Tue Oct 10, 2017 4:35 am
Forum: Investing - Theory, News & General
Topic: 100% in bond to wait for market crash?
Replies: 122
Views: 11775

Re: 100% in bond to wait for market crash?

All I was saying it is much more risky to put in stock now. You can treat it like a joke, but PE at 30 is real, how many times you see the market with P/E ratio 30? It's not about timing the market, it's about assess the risk. For example, you could kind of see the housing market about to crash wit...
by GoldenFinch
Tue Oct 10, 2017 4:14 am
Forum: Investing - Help with Personal Investments
Topic: Protecting against the possibility of a correction?
Replies: 45
Views: 3953

Re: Protecting against the possibility of a correction?

If I were 69 and worried about my portfolio losing money the last thing I would do would be infuse some creativity into my strategy. Maybe I would adjust my asset allocation, but that’s as far as I would go.
by GoldenFinch
Mon Oct 09, 2017 8:48 pm
Forum: Investing - Theory, News & General
Topic: "Simplify Your Investment Plan" -- Morningstar
Replies: 5
Views: 1671

Re: "Simplify Your Investment Plan" -- Morningstar

Thank you for the link! I have been simplifying, but still have more work to do.
by GoldenFinch
Sun Oct 08, 2017 6:37 am
Forum: Investing - Theory, News & General
Topic: Has your "risk tolerance" been tested?
Replies: 105
Views: 6397

Re: Has your "risk tolerance" been tested?

Tested in various manners since the mid-eighties. Big tests in the 2000s. Averaged a B-. Much happier now that I am no longer 100% equities and understand what I’m doing. Ignorance is not always bliss.
by GoldenFinch
Fri Oct 06, 2017 8:25 am
Forum: Personal Consumer Issues
Topic: Too much house? (nervous 1st time buyer)
Replies: 57
Views: 4021

Re: Too much house? (nervous 1st time buyer)

Buying the house would not be a mistake, but...... You say you are single and can see raising a family in the house. The problem here is you have to marry someone who also wants to raise a family in that house so that complicates things a bit. Also, taking care of a house is more work and money than...
by GoldenFinch
Fri Oct 06, 2017 7:58 am
Forum: Investing - Help with Personal Investments
Topic: Where do you think the money will come from to move the overall market higher?
Replies: 31
Views: 2246

Re: Where do you think the money will come from to move the overall market higher?

I wonder about this too, although for a slightly different reason. Total student loan debt in this country: $1,400,000,000,000.00 Total credit card debt in this country: $1,000,000,000,000.00 Total auto loan debt in this country: $1,000,000,000,000.00 And all are growing. This can't possibly end we...
by GoldenFinch
Wed Oct 04, 2017 9:30 pm
Forum: Investing - Theory, News & General
Topic: Buy on Really Bad Days, Sell on Really Good Days?
Replies: 169
Views: 9233

Re: Buy on Really Bad Days, Sell on Really Good Days?

We invest on a consistent basis and do not let the individual daily results impact the timing of any purchases of additional shares. Over the long term it will not make any difference. Best. Thank you. This thread has been making my head spin. I actually considered selling all of my emerging market...
by GoldenFinch
Tue Oct 03, 2017 9:01 pm
Forum: Investing - Theory, News & General
Topic: A look at the market ride
Replies: 2
Views: 942

Re: A look at the market ride

Thank you for putting a link to this in another thread because I missed it. Very worth reading!
by GoldenFinch
Tue Oct 03, 2017 3:01 pm
Forum: Investing - Theory, News & General
Topic: Buy on Really Bad Days, Sell on Really Good Days?
Replies: 169
Views: 9233

Re: Buy on Really Bad Days, Sell on Really Good Days?

And one more thing: Many people equate Market Timing with making hundreds of thousands of dollars in the stock market. But what if Market Timing was something simpler, such as Making 0.5% more annually than your benchmark funds in the stock market. When we’re talking about a half of a percent it so...
by GoldenFinch
Tue Oct 03, 2017 11:34 am
Forum: Investing - Theory, News & General
Topic: Buy on Really Bad Days, Sell on Really Good Days?
Replies: 169
Views: 9233

Re: Buy on Really Bad Days, Sell on Really Good Days?

I really don't want to watch things on a daily basis and make decisions that often. One doesn't have to watch anything because your brokerage firm (including Vanguard) will do it for you. Just set an alert to send a message/e-mail to your phone when something is triggered. It really is that easy as...
by GoldenFinch
Tue Oct 03, 2017 7:10 am
Forum: Investing - Theory, News & General
Topic: Buy on Really Bad Days, Sell on Really Good Days?
Replies: 169
Views: 9233

Re: Buy on Really Bad Days, Sell on Really Good Days?

Actually the stock market only went up about a half of a percent yesterday. :happy I agree that the best idea is to keep an eye on rebalancing bands and otherwise not get too involved with “doing stuff” with the money.
by GoldenFinch
Fri Sep 29, 2017 12:50 pm
Forum: Personal Finance (Not Investing)
Topic: Weird, meaningless, but fun net worth threshold!
Replies: 13
Views: 2657

Re: Weird, meaningless, but fun net worth threshold!

Congrats! I remember when our net worth became exactly zero after being negative because of the mortgage. I was really happy because I knew it was only going to keep going up from that point onward.
by GoldenFinch
Fri Sep 29, 2017 7:41 am
Forum: Investing - Theory, News & General
Topic: Guy proves that Buy The Dip strategy works (via backtests) any rebuttals?
Replies: 65
Views: 6459

Re: Guy proves that Buy The Dip strategy works (via backtests) any rebuttals?

The stock market is driven by psychology, and therefore doesn't follow natural laws like physics. The fact that a strategy worked in the past doesn't mean that it will continue to work the way that modeling gravity will let you know how the planets will continue to move around the sun. So this timi...
by GoldenFinch
Fri Sep 29, 2017 6:56 am
Forum: Investing - Theory, News & General
Topic: Guy proves that Buy The Dip strategy works (via backtests) any rebuttals?
Replies: 65
Views: 6459

Re: Guy proves that Buy The Dip strategy works (via backtests) any rebuttals?

You're probably going to get the same set of rebuttals to every response about a market timing strategy that appears to work: ... All excellent points that I agree with. Thanks for summarizing. Before one does any market timing, they had better make sure that their costs, fees, taxes are kept close...
by GoldenFinch
Wed Sep 27, 2017 8:29 pm
Forum: Investing - Theory, News & General
Topic: VG using outsourcing to call me & I'm not happy
Replies: 76
Views: 7079

Re: VG using outsourcing to call me & I'm not happy

But I really miss Rachel -- haven't heard from her in months. Rachel has retired, but Siri and Alexa will be glad to talk to you. Paul I thought Rachel was gone too, but she called me today and the caller ID said it was from "Carol Flack" at a local number. I hesitated before picking up, but though...
by GoldenFinch
Wed Sep 27, 2017 8:24 pm
Forum: Investing - Theory, News & General
Topic: VG using outsourcing to call me & I'm not happy
Replies: 76
Views: 7079

Re: VG using outsourcing to call me & I'm not happy

Schwab and my local bank use hard sell for proxy votes. I usually vote the way they want to make them go away. It is annoying, but it means a lot to them and nothing to me so I acquiesce. I did vote for the Vanguard proxy, but at least one of their issues was confusing, and I noticed that others tho...
by GoldenFinch
Mon Sep 25, 2017 8:20 pm
Forum: Personal Finance (Not Investing)
Topic: Spouse Money Management
Replies: 94
Views: 6190

Re: Spouse Money Management

gunn_show wrote:
Mon Sep 25, 2017 5:28 pm
stoptothink wrote:
Mon Sep 25, 2017 5:18 pm
retire57 wrote:
Mon Sep 25, 2017 5:10 pm
greg24 wrote:
Mon Sep 25, 2017 3:53 pm
This thread and the "girlfriend college major" thread say more about the OP than the girlfriend.
+1
+2
+3
Usually these threads end with the words "relationship issue" or "topic exhausted" or "locked."
by GoldenFinch
Mon Sep 25, 2017 3:55 pm
Forum: Personal Consumer Issues
Topic: Tipping question....Applebees
Replies: 87
Views: 6821

Re: Tipping question....Applebees

Ignore the calculations and give a tip based on the service provided. I worked as a waitress when I was 17 years old and I still remember in great detail the five customers who gave me really big tips (usually accompanied by some advice about my future). As a result I am a big tipper when the servic...
by GoldenFinch
Thu Sep 21, 2017 5:01 pm
Forum: Investing - Theory, News & General
Topic: Got a Question for the Experts Panel at the Bogleheads Conference?
Replies: 37
Views: 9946

Re: Got a Question for the Experts Panel at the Bogleheads Conference?

Mel: This is a question for each member of the Panel: "What is the single most important financial advice you would give to a new investor?" Best wishes. Taylor This is a wonderful and helpful question. I would like also like to know the answer to: "What is the single most important financial advic...
by GoldenFinch
Thu Sep 21, 2017 4:42 pm
Forum: Investing - Help with Personal Investments
Topic: I won the Lottery. Need sound advice.
Replies: 220
Views: 24209

Re: I won the Lottery. Need sound advice.

You have been given a wonderful opportunity to be financially secure. You came to the right place to get good advice. Keep reading the Wiki and I recommend the book The Richest Man in Babylon.
by GoldenFinch
Wed Sep 20, 2017 10:23 pm
Forum: Investing - Theory, News & General
Topic: AA if you were just starting out again
Replies: 49
Views: 3714

Re: AA if you were just starting out again

Considering I was 100% stocks until 2014 when I found Bogleheads and read about asset allocation and bonds, I guess I would keep the past the same because it all worked out really well (as of today).
by GoldenFinch
Tue Sep 19, 2017 7:40 pm
Forum: Personal Finance (Not Investing)
Topic: The Magic of Savings Rate
Replies: 97
Views: 10884

Re: The Magic of Savings Rate

My rule of thumb is save as much as you can comfortably afford. It you don't think it's going to be enough, be a little uncomfortable for a while and save a bit more.
by GoldenFinch
Tue Sep 19, 2017 4:24 pm
Forum: Investing - Theory, News & General
Topic: What is the main purpose of rebalancing?
Replies: 59
Views: 4768

Re: What is the main purpose of rebalancing?

I used to think I knew the answer(s) to this question, but thanks largely to this forum I learned that the answers are not a crisp as I originally thought. I also learned about the LMP/RP approach to asset allocations, which is what I now embrace. With this strategy, I never rebalance. What is LMP/...
by GoldenFinch
Tue Sep 19, 2017 6:06 am
Forum: Investing - Theory, News & General
Topic: What is the main purpose of rebalancing?
Replies: 59
Views: 4768

Re: What is the main purpose of rebalancing?

I used to think I knew the answer(s) to this question, but thanks largely to this forum I learned that the answers are not a crisp as I originally thought. I also learned about the LMP/RP approach to asset allocations, which is what I now embrace. With this strategy, I never rebalance. What is LMP/...
by GoldenFinch
Thu Sep 14, 2017 7:10 am
Forum: Investing - Help with Personal Investments
Topic: How often do you put money in Vanguard
Replies: 55
Views: 4287

Re: How often do you put money in Vanguard

Question for all of you who frequently contribute to taxable - do you have any concern about the number of lots you are creating and the impact that will have on tax loss harvesting? (And do you use specific ID form of accounting?) Every Monday. I invest taxable savings weekly and automatically. 40...
by GoldenFinch
Thu Sep 14, 2017 6:56 am
Forum: Personal Finance (Not Investing)
Topic: Milestone Reached - "Quarter Millionaire!"
Replies: 41
Views: 4847

Re: Milestone Reached - "Quarter Millionaire!"

"Quarter Millionaire." I like that! Sounds kind of like a royal title. :happy

Congrats!

(Actually, you have a million quarters!)
by GoldenFinch
Wed Sep 13, 2017 3:43 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 3972
Views: 1058457

Re: U.S. stocks in freefall

Doom&Gloom wrote:
Wed Sep 13, 2017 3:30 pm
Dead cat made of flubber.
This absolutely explains the current market perfectly. Hopefully if they cite your catch phrase on CNBC they will remember to give credit to Doom&Gloom.
by GoldenFinch
Wed Sep 13, 2017 10:31 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 3972
Views: 1058457

Re: U.S. stocks in freefall

nedsaid wrote:
Wed Sep 13, 2017 10:24 am
All time record highs in the US Stock Market is hardly a market in freefall.
We need an alternative thread: U.S. stocks in ascent/upsurge/flying-high-mode/good fortune. :happy :moneybag :D
by GoldenFinch
Wed Sep 13, 2017 9:14 am
Forum: Investing - Help with Personal Investments
Topic: How often do you put money in Vanguard
Replies: 55
Views: 4287

Re: How often do you put money in Vanguard

Every Monday. I invest taxable savings weekly and automatically. 401k money goes in twice each month too, so money is trickling in all the time. :moneybag
by GoldenFinch
Tue Sep 12, 2017 1:27 pm
Forum: Investing - Theory, News & General
Topic: Another New Investor (Market Timing)
Replies: 36
Views: 2701

Re: Another New Investor (Market Timing)

What if I have a strategy to earn 15% per year and then shift dramaticly to a more conservative AA. Would I not be meeting my investment goals and not have to tolerate as much risk? Please elaborate on your strategy to earn a sustained 15% CAGR and specify the date for dramatically shifting to the ...
by GoldenFinch
Tue Sep 12, 2017 1:01 pm
Forum: Personal Consumer Issues
Topic: Feeling guilty for buying a new iPad pro
Replies: 30
Views: 2392

Re: Feeling guilty for buying a new iPad pro

I have a daughter who sends me these kinds of guilty-spending-should-I texts and it drives me nuts. I usually respond with "Knock it off!" Of course I don't feel guilty saying that to my daughter, but I would feel kind of bad saying that to the OP. So my advice is to go ahead and buy IPad Pro. It's ...
by GoldenFinch
Mon Sep 11, 2017 5:00 pm
Forum: Personal Finance (Not Investing)
Topic: Purchasing Home With Girlfriend; Good or Bad?
Replies: 68
Views: 5679

Re: Purchasing Home With Girlfriend; Good or Bad?

You don't know if you are going to get married, so there are three likely outcomes: 1. You get married; or 2. You break up and you hate her; or 3. You break up and she hates you; or 4. You break up and you pine for her; or 5. You break up and she pines for you; or 6. You break up and get along, but...
by GoldenFinch
Sun Sep 10, 2017 8:39 pm
Forum: Investing - Theory, News & General
Topic: Recent Hurricanes Provide Good Lesson For Investors
Replies: 30
Views: 4591

Re: Recent Hurricanes Provide Good Lesson For Investors

livesoft wrote:
Sun Sep 10, 2017 12:41 pm
Just think of all that emergency fund money going directly into consumption.
Yes, and all of the jobs created for rebuilding homes, buildings, infrastructure and landscaping.
by GoldenFinch
Fri Sep 08, 2017 7:49 pm
Forum: Investing - Help with Personal Investments
Topic: Don't want to lock down in IRA until I am 59.5
Replies: 12
Views: 1299

Re: Don't want to lock down in IRA until I am 59.5

You can remove Roth IRA contributions tax free whenever you want, as you have already paid taxes on that money. You can take out the contributions any time without penalty, but any gains or interest must remain or you will pay the penalty on the growth. It's not a bad place to park money, even if y...
by GoldenFinch
Fri Sep 08, 2017 7:47 pm
Forum: Investing - Help with Personal Investments
Topic: Don't want to lock down in IRA until I am 59.5
Replies: 12
Views: 1299

Re: Don't want to lock down in IRA until I am 59.5

You can remove Roth IRA contributions tax free whenever you want, as you have already paid taxes on that money. You can take out the contributions any time without penalty, but any gains or interest must remain or you will pay the penalty on the growth. It's not a bad place to park money, even if y...
by GoldenFinch
Wed Sep 06, 2017 8:41 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 3972
Views: 1058457

Re: U.S. stocks in freefall

Generally true but "effect" can also be a verb in some contexts, such as in this example: Fore some reason this has been bugging me for months and is impacting me. Or would that be effecting me? I just think that you are affected . Somebody was goofing off big time in seventh grade English.
by GoldenFinch
Wed Sep 06, 2017 10:37 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 3972
Views: 1058457

Re: U.S. stocks in freefall

It looks like every pullback has been (will be) bought up. It does seem silly for this thread to pop up on minuscule dips, but the market has been going up for so long with so very little volatility that these little dips stand out. I think it shows people's natural desire to "do something," which ...
by GoldenFinch
Tue Sep 05, 2017 2:06 pm
Forum: Local Chapters and Bogleheads Community
Topic: [Are the Bogleheads] getting less interesting?
Replies: 255
Views: 17048

Re: [Are the Bogleheads] getting less interesting?

Wildebeest wrote:
Mon Sep 04, 2017 9:21 pm
My vote is that Bogleheads is getting less interesting.

...

I still scan for interesting topics (bobcats, coyotes, deer and trees and anything Simplegift posts) but I see less and open fewer threads.
Interesting and kind of funny coming from a Boglehead named Wildebeest. :happy
by GoldenFinch
Mon Sep 04, 2017 1:12 pm
Forum: Investing - Theory, News & General
Topic: Why can't the future of stocks be predicted
Replies: 61
Views: 3432

Re: Why can't the future of stocks be predicted

Is this a Far Side cartoon? Yes. In the comic the Wicked Witch of the West was just melted (as you remember, it was very dramatic) but what was never explained was what happened to her crystal ball. (Wait a minute, if her crystal ball worked so well why didn't she avoid getting melted in the first ...
by GoldenFinch
Mon Sep 04, 2017 4:41 am
Forum: Investing - Theory, News & General
Topic: Why can't the future of stocks be predicted
Replies: 61
Views: 3432

Re: Why can't the future of stocks be predicted

Is this a Far Side cartoon? Yes. In the comic the Wicked Witch of the West was just melted (as you remember, it was very dramatic) but what was never explained was what happened to her crystal ball. (Wait a minute, if her crystal ball worked so well why didn't she avoid getting melted in the first ...
by GoldenFinch
Sun Sep 03, 2017 10:22 pm
Forum: Personal Finance (Not Investing)
Topic: How old were you when you got your first credit card?
Replies: 46
Views: 2016

Re: How old were you when you got your first credit card?

I was a 23 year old grad student when I got my first Visa card with a 500 dollar limit. I barely used it. It was the late 80s and I remember cash was still pretty popular.
by GoldenFinch
Sun Sep 03, 2017 9:16 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 3972
Views: 1058457

Re: U.S. stocks in freefall

Uncle Pennybags wrote:
Sun Sep 03, 2017 8:38 am
GoldenFinch wrote:
Sat Sep 02, 2017 9:01 pm
(free fall is actually two separate words by the way)
Does that effect or affect the market? I confuse the two.
It doesn't affect the market, but it effects my spell checker alarm bell. :D
by GoldenFinch
Sat Sep 02, 2017 9:01 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 3972
Views: 1058457

Re: U.S. stocks in freefall

Sometimes tradition has its own value. I'm not sure why some are so eager to shut it down. You know you don't HAVE to read it, right? I agree that after 70+pages this thread is a tradition here. The market drops a bit or a lot and someone fires up the U.S. Stocks in freefall thread (free fall is ac...
by GoldenFinch
Sat Sep 02, 2017 11:14 am
Forum: Local Chapters and Bogleheads Community
Topic: Stan died [Long time forum lurker]
Replies: 38
Views: 6370

Re: Stan died

It sounds like Stan was a nice friend. I'm glad he had a group of friends at the coffee shop to hang around with in retirement. Hats off to Stan.
by GoldenFinch
Fri Sep 01, 2017 10:55 am
Forum: Local Chapters and Bogleheads Community
Topic: [Are the Bogleheads] getting less interesting?
Replies: 255
Views: 17048

Re: [Are the Bogleheads] getting less interesting?

My thoughts: I like it that when a serious question is posed smart people come out of the woodwork and give very thoughtful informative responses. I learn so much. I also really appreciate some of the personalities here because I usually get a good laugh. Some people here really crack me up. So that...