Search found 1686 matches

by GoldenFinch
Fri Feb 15, 2019 3:56 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 10240
Views: 1807657

Re: U.S. stocks in free fall

Admiral wrote:
Fri Feb 15, 2019 3:11 pm
The Dow has gone from:
26,800 (Oct 3) to
21,760 (Dec 24) to
25,820 (today, and counting)

This market is not for the weak kneed among us!

Stay the course! :sharebeer
Stepping back and looking at the big picture alway gives a clearer perspective of where we are! :sharebeer
by GoldenFinch
Wed Feb 13, 2019 12:38 pm
Forum: Investing - Theory, News & General
Topic: Vanguard "secret" funds
Replies: 35
Views: 6732

Re: Vanguard "secret" funds

When I clicked on the article I saw that it listed seven Vanguard funds, but the marketing ploy you are referring to said Fidelity had the secret funds. It’s someone trying to sell something. Hit the ignore button. :happy
by GoldenFinch
Tue Feb 05, 2019 4:46 pm
Forum: Investing - Theory, News & General
Topic: If you are old, why bother with rebalancing!!?
Replies: 114
Views: 7648

Re: If you are old, why bother with rebalancing!!?

Why bother with rebalancing!!? Because we still want to grow the portfolio even though we are said to be old? And rebalancing is a good way to do that? Rebalancing when stocks are down is a way to grow the portfolio. Rebalancing when stocks are up probably reduces the growth of a portfolio. But it ...
by GoldenFinch
Tue Feb 05, 2019 4:26 pm
Forum: Investing - Theory, News & General
Topic: If you are old, why bother with rebalancing!!?
Replies: 114
Views: 7648

Re: If you are old, why bother with rebalancing!!?

Why bother with rebalancing!!? Because we still want to grow the portfolio even though we are said to be old? And rebalancing is a good way to do that?
by GoldenFinch
Thu Jan 31, 2019 7:16 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Prime Money Market yield over 2.5%
Replies: 152
Views: 24243

Re: Vanguard Prime Money Market yield over 2.5%

Pigeye Brewster wrote:
Thu Jan 31, 2019 4:08 pm
BBBob wrote:
Thu Jan 31, 2019 3:47 pm
Don't you have to subtract the expense ratio from the yield to see what you are netting? For Prime MM, that would be 2.51% - 0.16% = 2.35%
The reported yields are already net of expenses.
Thank you! I learned something new.
by GoldenFinch
Wed Jan 30, 2019 6:51 am
Forum: Personal Consumer Issues
Topic: Legos as alternative asset class
Replies: 36
Views: 2745

Re: Legos as alternative asset class

My son always stops me from vacuuming up his tiny stray Lego pieces saying, “Nooooooo!” I guess I will stop.
by GoldenFinch
Sat Jan 26, 2019 1:25 pm
Forum: Personal Consumer Issues
Topic: How long does lunch meat last?
Replies: 44
Views: 3619

Re: How long does lunch meat last?

The only kind I buy is no-preservative turkey baked at the deli. The guy told me it’s good for four days, but I use the cat test. If my cat won’t eat it, neither will I.
by GoldenFinch
Tue Jan 22, 2019 4:45 pm
Forum: Investing - Theory, News & General
Topic: The NY Times calls us a cult but in a good way
Replies: 62
Views: 7566

Re: The NY Times calls us a cult but in a good way

mickeyd wrote:
Tue Jan 22, 2019 4:42 pm
Thou shall not buy individual stocks.
When did this get added to the list? Individual stock ownership is no sin!
But your supposed to buy index funds. Maybe it’s more like a crime. Possibly a misdemeanor.
by GoldenFinch
Sun Jan 20, 2019 12:57 pm
Forum: Investing - Theory, News & General
Topic: The NY Times calls us a cult but in a good way
Replies: 62
Views: 7566

Re: The NY Times calls us a cult but in a good way

livesoft wrote:
Sat Jan 19, 2019 12:04 pm
Only a cult would be discussing whether they were labeled a cult.
Cult members are brainwashed. No brainwashing going on here. Unless extolling the benefits of tax loss harvesting, not touching your money unless it’s a Really Bad Day, doing pull-ups, eating oatmeal....hey wait a minute. (LOL)
by GoldenFinch
Fri Jan 18, 2019 10:20 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 10240
Views: 1807657

Re: U.S. stocks in free fall

You probably didn't notice that with my strategy I never have any dry powder. I am 100% invested all the time. What's the difference in dry powder, fixed income investments and being invested in bonds. As I remember Bogle would refer to bonds as dry powder on occasion. Not to speak for anyone else,...
by GoldenFinch
Fri Jan 18, 2019 8:09 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 10240
Views: 1807657

Re: U.S. stocks in free fall

jfn111 wrote:
Fri Jan 18, 2019 7:53 pm
I went 80% cash today at the close. It may be a brilliant move or... :oops:
Whyfore thou go to 80% cash?
by GoldenFinch
Mon Jan 14, 2019 1:00 pm
Forum: Investing - Theory, News & General
Topic: How to avoid temptation to buy hot stocks or bitcoin?
Replies: 63
Views: 4389

Re: How to avoid temptation to buy hot stocks or bitcoin?

The same way you avoid other high risk behaviors. You just don’t do risky things. Why don’t you do risky things you ask? Well it’s because you are smart and you have learned from others as well as your own past mistakes.
by GoldenFinch
Sun Jan 13, 2019 7:42 am
Forum: Personal Consumer Issues
Topic: Disciplined with finances, but not so with diet
Replies: 217
Views: 9958

Re: Disciplined with finances, but not so with diet

300 calories for breakfast. Egg McMuffin. 560 calories for lunch. Big Mac. 900 calories for dinner. Chick-Fil-A sandwich and fries. Coffee, diet sodas or water to drink. I lost 40 pounds eating mainly fast food. There are better, more nutritious ways, of course, but it's really easy to keep track o...
by GoldenFinch
Fri Jan 11, 2019 9:59 am
Forum: Investing - Theory, News & General
Topic: Did you ever "win" big?
Replies: 133
Views: 9732

Re: Did you ever "win" big?

When I saw the title my first thought was that I definitely got lucky in the husband department. It really was luck because you never know how things are going to turn out in the long run. On that note, I wish everyone luck with the things that really matter to them, whatever they may be.
by GoldenFinch
Mon Jan 07, 2019 8:47 am
Forum: Personal Consumer Issues
Topic: Strategies to combat or justify lifestyle creep
Replies: 91
Views: 7236

Re: Strategies to combat or justify lifestyle creep

I’ve been around long enough to know that the joys that come with purchasing the things we pine for mostly wear off after awhile.:happy However, it sounds like you can absolutely afford the Tesla, so buying it is no big deal, except for the psychological hurdle for you of taking the plunge (which is...
by GoldenFinch
Sun Jan 06, 2019 7:19 am
Forum: Investing - Theory, News & General
Topic: Avoid rebalancing between risky assets. Let bulls run.
Replies: 33
Views: 2830

Re: Avoid rebalancing between risky assets. Let bulls run.

Reminds me of the Fidelity study brought up here a lot (some say it’s a myth) that found that the portfolios that performed best belonged to to people who forgot they had them (or worse). In other words, paws off the money.
by GoldenFinch
Sat Jan 05, 2019 10:11 am
Forum: Investing - Theory, News & General
Topic: Taming the Alpha beast!
Replies: 19
Views: 1308

Re: Taming the Alpha beast!

Many people who have chased alpha lost money doing so and became Bogleheads. It’s cost effective to become a Boglehead first.
by GoldenFinch
Fri Jan 04, 2019 12:19 am
Forum: Investing - Theory, News & General
Topic: What do you think of this advice?
Replies: 62
Views: 4321

Re: What do you think of this advice?

There was a study I read of a while back which looked at the retail investors with the best results. They tended to be literally dead. Last time that I posted that, someone claimed that it had been refuted as urban legend. I think that I attributed it to Fidelity fund company who would find it offe...
by GoldenFinch
Tue Jan 01, 2019 3:49 pm
Forum: Investing - Theory, News & General
Topic: REGISTRATION FOR 2019 BOGLEHEAD CONTEST [Entry deadline has passed]
Replies: 674
Views: 13043

Re: REGISTRATION FOR 2019 BOGLEHEAD CONTEST

mortfree wrote:
Tue Jan 01, 2019 3:34 pm
1492.76
Looks like you combined Columbus sailing about and the bicentennial. LOL
by GoldenFinch
Tue Jan 01, 2019 12:39 pm
Forum: Personal Consumer Issues
Topic: The Best To All
Replies: 7
Views: 570

Re: The Best To All

Happy New Year to Toons and all Bogleheads! I learn so much here. Thank you!
:sharebeer
by GoldenFinch
Mon Dec 31, 2018 4:13 pm
Forum: Investing - Theory, News & General
Topic: "pjtallman" Wins The 2018 Boglehead Contest
Replies: 12
Views: 1752

Re: "Christine_NM" Wins The 2018 Boglehead Contest

Congrats Christine_NM! :sharebeer

(Next time you win, guess higher!)
by GoldenFinch
Sat Dec 29, 2018 3:55 pm
Forum: Investing - Theory, News & General
Topic: What are you up YTD? [Year To Date]
Replies: 2317
Views: 403890

Re: What are you up YTD? [Year To Date]

Ended the year down -5.5%.
by GoldenFinch
Sat Dec 29, 2018 7:08 am
Forum: Personal Investments
Topic: Help Me Help An Old Lady
Replies: 16
Views: 1726

Re: Help Me Help An Old Lady

#1. Referring to 63 year old Mom as an Old Lady = Bad.

#2. Suggest to Mom that she takes a look at the Boglehead Wiki. If Mom wants to post here and get advice, she can.
by GoldenFinch
Fri Dec 28, 2018 5:16 am
Forum: Investing - Theory, News & General
Topic: What was your best investment in 2018?
Replies: 127
Views: 7352

Re: What was your best investment in 2018?

CD at 2% is best.
Total international at -%15 is worst.
by GoldenFinch
Fri Dec 28, 2018 5:07 am
Forum: Investing - Theory, News & General
Topic: What are some critiques of passive investing/index funds?
Replies: 75
Views: 5888

Re: What are some critiques of passive investing/index funds?

Extensive use of index funds negatively impacts the bottom line of some individuals in the financial services industry.
by GoldenFinch
Thu Dec 27, 2018 6:07 pm
Forum: Personal Consumer Issues
Topic: What common everyday inconvenience have you intentionally suffered for frugality?
Replies: 152
Views: 9482

Re: What common everyday inconvenience have you intentionally suffered for frugality?

Grew up with ultra frugal Dad. House always freezing, fridge never with much to eat, car not driven because gas is expensive. Upside - always thin and got tons of exercise because I walked and rode a bike a lot. Downside - became obsessed with money so I could be comfortable and not live like that a...
by GoldenFinch
Thu Dec 27, 2018 5:56 pm
Forum: Personal Investments
Topic: Get greedy when others are fearful?
Replies: 14
Views: 1999

Re: Get greedy when others are fearful?

Earl Lemongrab wrote:
Thu Dec 27, 2018 5:25 pm
I think people are more confused than fearful.
I agree completely. The volatility is quite something. Regardless of what’s causing it, people seem confused (referring to reactions described in the press and elsewhere). That’s why sticking to your plan is the best response.
by GoldenFinch
Thu Dec 27, 2018 7:59 am
Forum: Investing - Theory, News & General
Topic: The effects of forum participation on plan execution
Replies: 18
Views: 1743

Re: The effects of forum participation on plan execution

It’s hard not to notice when someone with over 5000 posts disappears, so I’m glad you’re okay!
by GoldenFinch
Wed Dec 26, 2018 3:59 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 570
Views: 64045

Re: U.S. stocks continue to soar!

Dang! Almost five percent of soar! Happy to move out of the free fall thread. I finished up the last of my TLH this morning when the market was slightly negative. I would claim it was skill, but the truth is that I have the day off and I slept in, and that's when I got around to it. LOL :beer
by GoldenFinch
Wed Dec 26, 2018 3:41 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 570
Views: 64045

Re: U.S. stocks continue to soar!

Dang! Almost five percent of soar! Happy to move out of the free fall thread.
by GoldenFinch
Wed Dec 26, 2018 6:09 am
Forum: Investing - Theory, News & General
Topic: Here’s how the stock market has fared after similarly brutal losses in a quarter
Replies: 12
Views: 3104

Re: Here’s how the stock market has fared after similarly brutal losses in a quarter

My take away from stock market charts in general is that overall they move upward over time with fluxuations along the way. Based on that knowledge alone (for better or for worse) I just keep putting money in on schedule.

:sharebeer
by GoldenFinch
Mon Dec 24, 2018 2:53 pm
Forum: US Chapters
Topic: My New Avatar
Replies: 23
Views: 1475

Re: My New Avatar

Very thoughtful and distinguished looking. :sharebeer
by GoldenFinch
Mon Dec 24, 2018 1:41 pm
Forum: Personal Investments
Topic: Massive losses; what if I die [before offsetting the losses]?
Replies: 55
Views: 7048

Re: Massive losses; what if I die?

Nate79 wrote:
Mon Dec 24, 2018 8:57 am
No one has died from TLH. 8-)
..and lived to tell us about it.
by GoldenFinch
Mon Dec 24, 2018 6:53 am
Forum: Personal Investments
Topic: Massive losses; what if I die [before offsetting the losses]?
Replies: 55
Views: 7048

Re: Massive losses; what if I die?

Cash out some long term gains! Besides VTI, what other substantial long term holdings do you have? Are they appropriate and diversified? Depending on your tax bracket now and in retirement, it's not clear whether TGH makes sense. https://www.bogleheads.org/wiki/Tax_gain_harvesting My only holdings ...
by GoldenFinch
Sun Dec 23, 2018 3:34 pm
Forum: Personal Investments
Topic: Boeing-time to buy?
Replies: 28
Views: 2577

Re: Boeing-time to buy?

If you bought Boeing at 379 maybe you would want to buy more right now to try to make up your losses. Or maybe you would wait for 170 before you bought more. Or maybe you would sell now. I would just buy Total Stock Market index fund and get my Boeing at market weight.
by GoldenFinch
Sat Dec 22, 2018 5:28 am
Forum: Investing - Theory, News & General
Topic: Percentage of Net Worth in Equities
Replies: 23
Views: 1938

Re: Percentage of Net Worth in Equities

80/20 equity/bond + real estate and no debt.

50% of net worth in equities, 50% in bonds and real estate.
by GoldenFinch
Fri Dec 21, 2018 7:21 am
Forum: Personal Investments
Topic: Another newbie investor who's feeling the pain and would like advice
Replies: 46
Views: 5264

Re: Another newbie investor who's feeling the pain and would like advice

What I mean is that over the long-term I can't afford to lose any of the 275K, but I can survive the short-term losses. I'm only six months into this, so I think over time I'll become much more zen when there's turbulence, or even a (gulp) full-blown recession. And as for the Apple stock, if I sell...
by GoldenFinch
Fri Dec 21, 2018 6:49 am
Forum: Investing - Theory, News & General
Topic: Who's buying today? where's all the "dry powder" folks at? :)
Replies: 248
Views: 21357

Re: Whose buying today? where's all the "dry powder" folks at? :)

For many working folks, this is bonus season. What a wonderful gift that the market is also on sale! Double-win! :sharebeer :moneybag Not exactly "dry powder" but I normally hang on to my annual bonus until after the Santa Claus Rally. Not this year, I'm buying on the way down and loving it. I'm ev...
by GoldenFinch
Tue Dec 18, 2018 6:13 pm
Forum: Investing - Theory, News & General
Topic: I feel cheated, saved too much in 401K vs cash.
Replies: 74
Views: 10184

Re: I feel cheated, saved too much in 401K vs cash.

If you had the cash, you'd have 30% less of it, based on a WAG at your marginal state plus federal tax brackets plus the tax drag of a taxable investment. Sure, I guess something like that could be true. But, if I took that 70% of what I currently have in my 401K, paid cash for real estate, I would...
by GoldenFinch
Mon Dec 17, 2018 8:21 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 10240
Views: 1807657

Re: U.S. stocks in free fall

I’m not bothered by this free fall at all and I think it’s because I still remember those Dow 10,000 hats so vividly. People would wear them every time the Dow hit 10,000 and that happened for what seemed like years (I think it was actually years) so I still feel like we are in a good place at these...
by GoldenFinch
Mon Dec 17, 2018 5:48 pm
Forum: Personal Investments
Topic: [Portfolio review request - cash portion, asset allocation]
Replies: 5
Views: 356

Re: U.S. stocks in free fall

Been investing the max allowed by tax law in my 401 k in a total stock market index fund all my working life. I slept through 2008, doing what I have always been doing. Didn't sell anything and kept up the monthly purchases. Was 100% in that fund until the middle of this year when I turned 50. Chan...
by GoldenFinch
Mon Dec 17, 2018 5:32 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 10240
Views: 1807657

Re: U.S. stocks in free fall

I have been buying the dip since October. I purchased a small amount whenever the SP500 drops 1% or more. I stopped doing that today. Not because I don't have the money to, but I feel the market has entered a territory that has no support in near term. I think the next "fun" thing is to guess where...
by GoldenFinch
Mon Dec 17, 2018 1:40 pm
Forum: Personal Consumer Issues
Topic: When has being frugal or cheaping out bit you in the rear?
Replies: 109
Views: 8299

Re: When has being frugal or cheating out bit you in the rear?

Dollar store. Usually not worth a dollar.
by GoldenFinch
Sat Dec 15, 2018 2:04 pm
Forum: Investing - Theory, News & General
Topic: [Robinhood to offer 3% cash management program, not a bank account]
Replies: 160
Views: 10884

Re: [Robinhood to offer 3% cash management program, not a bank account]

This is really bad publicity. It appears that they don’t know what they’re doing and kind of “winging it.”
by GoldenFinch
Fri Dec 14, 2018 4:54 pm
Forum: Personal Consumer Issues
Topic: Is it difficult to change a baby's legal name?
Replies: 70
Views: 2977

Re: Is it difficult to change a baby's legal name?

We are an Asian family and tend to give a lot of weight to the meaning of a name in our culture, but I hear that is not really the case in America, so perhaps that should not be the deciding factor.. If we pick James, we'd like him to be called James and not Jim or Jimmy. Is it inevitable that some...
by GoldenFinch
Fri Dec 14, 2018 10:02 am
Forum: Investing - Theory, News & General
Topic: Having the self-discipline to stay the course -- do you take pride in it?
Replies: 16
Views: 1144

Re: Having the self-discipline to stay the course -- do you take pride in it?

I’m just happy I ended up discovering Bogleheads because it has saved me a small fortune in mutual fund fees. Staying the course is easy for me because all it requires me to do is a whole lot of nothing. So I guess I don’t feel proud.
by GoldenFinch
Thu Dec 13, 2018 5:56 pm
Forum: Personal Finance (Not Investing)
Topic: What percentage of your net worth is your home equity?
Replies: 309
Views: 22273

Re: What percentage of your net worth is your home equity?

Okay, I’ve read all six pages. :shock:

Someone please tell me: what is the main take-away from this thread?
by GoldenFinch
Wed Dec 12, 2018 4:59 pm
Forum: Personal Finance (Not Investing)
Topic: What percentage of your net worth is your home equity?
Replies: 309
Views: 22273

Re: What percentage of your net worth is your home equity?

Mine is 10%. Not sure why that is important except that I know I did not buy too much house. I'm more concerned about increasing property tax rates. Maybe start a thread about worrying about your increasing property taxes! I will read it. I know where I live it’s an issue. Houses worth 300k pay aro...
by GoldenFinch
Wed Dec 12, 2018 11:28 am
Forum: Personal Consumer Issues
Topic: Donate to homeless?
Replies: 84
Views: 4141

Re: Donate to homeless?

Woman fatally stabbed after giving money to apparent young mother in need https://www.wlox.com/2018/12/03/woman-fatally-stabbed-after-giving-money-apparent-young-mother-need/ https://www.baltimoresun.com/news/maryland/crime/bs-md-jacquelyn-smith-folo-20181203-story.html I saw this tragic story on t...