Search found 335 matches

by backofbeyond
Sun May 24, 2020 10:25 am
Forum: Personal Investments
Topic: Does it make sense to exclude China from portfolio and/or EM
Replies: 18
Views: 1110

Re: Does it make sense to exclude China from portfolio and/or EM

I've been a HUGE proponent of China stocks for years on this site. I had approx. 10% of my portfolio in the BAT stocks (Biden, Alibaba and Tencent) along with a handful of others. Last Thursday, I sold them all. Why? It's not because I don't think they are great companies, but it's due to the anti C...
by backofbeyond
Sun May 24, 2020 10:15 am
Forum: Investing - Theory, News & General
Topic: Why did you change your investing approach?
Replies: 36
Views: 1946

Re: Why did you change your investing approach?

After much reading on investments, especially this site, I realized that by putting off SS until 70, I pretty much could spend down most (all?) of my TSP and ROTH IRAs between the age of 62-70. That is, between my FERS pension, my wife's pension and our combine SS at age 70, it would fully cover our...
by backofbeyond
Sun May 24, 2020 10:00 am
Forum: Investing - Theory, News & General
Topic: Businesses that are permanently destroyed due to COVID?
Replies: 34
Views: 2760

Re: Businesses that are permanently destroyed due to COVID?

I think people, and American especially, soon forget and go back to their old ways. My guess is we get a vaccine within 18 months, then get most of the world vaccinated in a little over 2 years. So for 2 years, air travel, cruises & casinos will be hit the hardest but fully come back in two years. R...
by backofbeyond
Sun May 24, 2020 9:45 am
Forum: Personal Finance (Not Investing)
Topic: Worried about sibling financial future
Replies: 31
Views: 3960

Re: Worried about sibling financial future

I have three sisters in similar situations. One is retired and the other two are almost at that age, all single. Their savings are almost non existent. SS and part time jobs will be what they live on. I''ve always made it a point to stay in contact with all of them and let them know that if things g...
by backofbeyond
Sun May 17, 2020 5:06 pm
Forum: Personal Investments
Topic: What single individual stock would you buy?
Replies: 133
Views: 10015

Re: What single individual stock would you buy?

I got the answer! Pick me. Pick me! Ceasers Entertainment. Why? Because I've been riding this bear market since the begining and so far that's my star. I've bought approx. 205 "new" stocks since the downturn. New means, ones that I did not currently own. Of the 205, 23 are in negative territory. Ac...
by backofbeyond
Sun May 17, 2020 4:58 pm
Forum: Investing - Theory, News & General
Topic: Paul Tudor: Compelling case for bitcoin ?
Replies: 213
Views: 10152

Re: Paul Tudor: Compelling case for bitcoin ?

Just for kicks, I decide to invest a small amount of money into some various alternative assets during the crisis, including crypto currencies, I thought some of you may be interested in the results: Crypto currency: (HIVE) bought on 3/16 up 158% Oil Futures: (USO) bought on 4/27 up 29% Hedge Fund: ...
by backofbeyond
Wed Apr 29, 2020 4:37 pm
Forum: Investing - Theory, News & General
Topic: Well, I am market timing due to coronavirus... Wish me luck.
Replies: 1122
Views: 97342

Re: Well, I am market timing due to coronavirus... Wish me luck.

I've kept a fair amount of dry powder in case we go back down. Where did the powder come from? Have you held a significant amount of cash over the last 10 or so years? I sold some Real Estate a few years ago and am owner financing. So taking the annual payments and rolling into stocks. Plus...I gav...
by backofbeyond
Wed Apr 29, 2020 12:41 pm
Forum: Investing - Theory, News & General
Topic: Well, I am market timing due to coronavirus... Wish me luck.
Replies: 1122
Views: 97342

Re: Well, I am market timing due to coronavirus... Wish me luck.

Yes, I DCA all of these allocations as they went down. Yes, most holdings are between $250-$500. So lets take Wendy's buys (date bought, how far up as of 4/29) and total shares bought, total market value, total cost and average increase over all procurements 03/12/2020 +35.18% 03/16/2020 +51.18% 03/...
by backofbeyond
Wed Apr 29, 2020 9:14 am
Forum: Investing - Theory, News & General
Topic: Well, I am market timing due to coronavirus... Wish me luck.
Replies: 1122
Views: 97342

Re: Well, I am market timing due to coronavirus... Wish me luck.

I took 10% of my portfolio and started to invest in individual stocks at the start of March. I now have over 200 stocks with double digit gains and another 20 with over 100% increases. On the other hand, I also have approx. 20 stocks in losing positions, all but 3 are in single digit losses, only on...
by backofbeyond
Mon Apr 13, 2020 4:55 pm
Forum: Personal Finance (Not Investing)
Topic: What opportunities are there to take advantage of the coronavirus situation?
Replies: 26
Views: 3720

Re: What opportunities are there to take advantage of the coronavirus situation?

Tax harvest those holdings that were under water and upgrade to higher quality holdings Use time to update IPS. As well as Trust, Wills, health instructions. Research projected SS and Pension cashflows Research Medicare/Medicaid. Watch travel shows so I know what destinations to put on my bucketlist...
by backofbeyond
Sat Apr 11, 2020 12:17 pm
Forum: Personal Investments
Topic: What single individual stock would you buy?
Replies: 133
Views: 10015

Re: What single individual stock would you buy?

I got the answer! Pick me. Pick me! Ceasers Entertainment. Why? Because I've been riding this bear market since the begining and so far that's my star. I've bought approx. 205 "new" stocks since the downturn. New means, ones that I did not currently own. Of the 205, 23 are in negative territory. Acc...
by backofbeyond
Fri Apr 10, 2020 6:02 pm
Forum: Investing - Theory, News & General
Topic: Who's buying today? where's all the "dry powder" folks at? :)
Replies: 514
Views: 50170

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

I've bought approx. 205 "new" stocks since the downturn. New means, ones that I did not currently own. Of the 205, 23 are in negative territory. According to my records, the S&P 500 is currently 17.8% off it's high. Only 4 of my picks are worse off than 17.8%. And 17 of the 23 are only down by singl...
by backofbeyond
Thu Apr 02, 2020 12:09 pm
Forum: Investing - Theory, News & General
Topic: Investing in stocks in the current market conditions: how and when would you do it?
Replies: 83
Views: 5805

Re: Investing in stocks in the current market conditions: how and when would you do it?

Back in early Feb, I had $100k to put in. I decided to DCA it in. Selected my stocks, my first buy was my base line, as the stock went down 5%, I'd buy more. Seems to have worked out well so far. I'm down to my last $1,600, but ALL of my buys are doing better than the S&P for the same time periods. ...
by backofbeyond
Wed Apr 01, 2020 11:52 am
Forum: Investing - Theory, News & General
Topic: Why does anyone invest in international funds?
Replies: 306
Views: 18206

Re: Why does anyone invest in international funds?

Diversification Firmly believe Asia (read China and S. Korea) are the future. Emerging Markets are hit and miss, but I do dabble in them. While I do have some money in European stocks/ETFs, they will struggle to compete with the either the US or Asia in the years to come. Why? In one word: socialism
by backofbeyond
Wed Apr 01, 2020 11:45 am
Forum: Investing - Theory, News & General
Topic: What is your age/AA during this crisis?
Replies: 138
Views: 6320

Re: What is your age/AA during this crisis?

54

13% G Fund (like a money market account available to Fed Employees)
6% Reits
.001% Bitcoin
.002% Hedge Fund
The rest stocks (90% in Major Index Funds)
by backofbeyond
Wed Apr 01, 2020 10:59 am
Forum: Investing - Theory, News & General
Topic: CNBC: Investors Should Be Buying Individual Stocks, Not Indexes
Replies: 84
Views: 7514

Re: CNBC: Investors Should Be Buying Individual Stocks, Not Indexes

CNBC is right. There are some great deals out there right now. Some stocks of great companies are on-sale by 30, 40, and even 50% for no reason other than the Coronavirus. I think a small slice of your pie can be dedicated to individual equities when buying them at deep discounts like you can today...
by backofbeyond
Tue Mar 31, 2020 2:03 pm
Forum: Investing - Theory, News & General
Topic: CNBC: Investors Should Be Buying Individual Stocks, Not Indexes
Replies: 84
Views: 7514

Re: CNBC: Investors Should Be Buying Individual Stocks, Not Indexes

CNBC is right. There are some great deals out there right now. Some stocks of great companies are on-sale by 30, 40, and even 50% for no reason other than the Coronavirus. I think a small slice of your pie can be dedicated to individual equities when buying them at deep discounts like you can today...
by backofbeyond
Mon Mar 30, 2020 6:51 pm
Forum: Personal Consumer Issues
Topic: Tipping in new reality?
Replies: 80
Views: 4661

Re: Tipping in new reality?

I tip 20% for good...normal service. We have several local areas that we frequent often, they literally have our drinks coming as soon as we walk in. At these establishment we do +30%. Most of these peeps are younger than 30 and have more than one job. We get excellent service. But yes, now we are t...
by backofbeyond
Mon Mar 30, 2020 6:40 pm
Forum: Personal Consumer Issues
Topic: Is the coronavirus stay-at-home experience a preview of retirement life?
Replies: 61
Views: 4197

Re: Is the coronavirus stay-at-home experience a preview of retirement life?

Yes and No. Some research has been done on retirement lifestyles. 1st stage is the go go years. Peeps are relatively health, have money and pent up travel desires. So they are on the go 2nd stage is the slow go years. Settle down, spend more time closer at home, health issues keep you from skydiving...
by backofbeyond
Mon Mar 30, 2020 6:11 pm
Forum: Investing - Theory, News & General
Topic: Who's buying today? where's all the "dry powder" folks at? :)
Replies: 514
Views: 50170

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

Continue to buy in 5% bands. So last Monday was the bottom, so far. I've picked up a few stocks at mind blowing prices, like Wendy's at 70% off it's high. Playing with 10% of my portfolio. Don't try this at home. :twisted:
by backofbeyond
Mon Mar 30, 2020 5:56 pm
Forum: Investing - Theory, News & General
Topic: Has Your Asset Allocation Strategy Changed?
Replies: 73
Views: 3705

Re: Has Your Asset Allocation Strategy Changed?

Yes. My portfolio has to last me 8 years. No, not terminally ill, well not yet, well not that I know of. But I plan on retiring at 62 (which is 8 years away). If I put off collecting SS until 70, then between SS, my FERS pension, my wife's SS and her pensions, we will have sufficient cash flow to co...
by backofbeyond
Sun Mar 29, 2020 1:41 pm
Forum: Personal Investments
Topic: [Shopping List of Individual Stocks]
Replies: 51
Views: 3426

Re: [Shopping List of Individual Stocks]

Like many others on this string, I whole heartily believe in the total Index mantra that is the Boglehead way....but, there comes a time about once a decade when individual stock picking MAY (key word) do better than the total market index. This MAY (that key word again) be that time. I have 90% of ...
by backofbeyond
Sun Mar 29, 2020 12:44 pm
Forum: Personal Finance (Not Investing)
Topic: Pros/Cons on Retiring to Florida Gulf Coast & Recommended Areas Input Please
Replies: 33
Views: 3445

Re: Pros/Cons on Retiring to Florida Gulf Coast & Recommended Areas Input Please

I live in Fort Walton Beach, work on Eglin AFB, which is in the panhandle. Been here off and on for 12 years. Pros: Beaches are the best in the world....no really. I've lived ALL over the world and nowhere is there better beaches. White sand, turquoise shallows into the deep blue. Very reasonable pr...
by backofbeyond
Sat Mar 21, 2020 9:24 pm
Forum: Personal Consumer Issues
Topic: Postponed travel due to Corona Virus. Am I am overreacting ?
Replies: 232
Views: 23941

Re: Postponed travel due to Corona Virus. Am I am overreacting ?

We booked a trip to Ecuador in April. The company was doing discounts on a trip we had already planned on taking. We also plan on visiting the major amusement parks in Orlando, where we fly out of. I"m not in the slightest bit worried about traveling internationally. I have a 1/103 chance of being ...
by backofbeyond
Thu Mar 12, 2020 9:56 am
Forum: Personal Investments
Topic: How many people with 7 figure portfolios are”rejoicing ?”
Replies: 169
Views: 14075

Re: How many people with 7 figure portfolios are”rejoicing ?”

Not rejoicing. But knew it was coming and that its a normal part of investing. I have some dry powder on the side line so slowly dollar cost averaging in. Represents less than 10% of my net worth so won't make a big difference but buying low(er) does help a bit when I realize that many years of gros...
by backofbeyond
Tue Mar 10, 2020 2:16 pm
Forum: Non-US Investing
Topic: Maximum percentage in speculative assets. What is it?
Replies: 14
Views: 537

Re: Maximum percentage in speculative assets. What is it?

Having posted on this site for over 10 years, I was often told that any holding that represent 5% or less, really don't have any impact on the total portfolio results. Which I have pretty much accept as fact. So keeping your ceiling at 5% for mad money is having some fun but not really taking any re...
by backofbeyond
Tue Mar 10, 2020 12:43 pm
Forum: Investing - Theory, News & General
Topic: Who here is buying stocks today and how much?
Replies: 295
Views: 25692

Re: Who here is buying stocks today and how much?

In last three weeks since the decline, I've bought: American Air United Airlines Quantas Singapore Airlines General Electric Nitendo Carnival Corp Royal Caribbean Norwegian Cruise EBAY WestRock Delta Starbucks Visa Walmart Waste Management Target Tellurian Mylan Spirit Hawaiian Airlines Cardlytics ...
by backofbeyond
Tue Mar 10, 2020 10:50 am
Forum: Investing - Theory, News & General
Topic: Who here is buying stocks today and how much?
Replies: 295
Views: 25692

Re: Who here is buying stocks today and how much?

Most of them are in industries that are deeply discounted When I look at that list, I see a lot of companies that are profit-challenged to begin with and many of whom are going to have a bad next decade, IMHO. Did you do fundamental analysis on each of them? Indeed. These were bought with my play (...
by backofbeyond
Tue Mar 10, 2020 10:18 am
Forum: Investing - Theory, News & General
Topic: "Need, ability, willingness" with bonds yielding <1%
Replies: 53
Views: 3716

Re: "Need, ability, willingness" with bonds yielding <1%

Just a random thought: If you do your analysis and come up with needing a real rate of return of 4% to meet your future goals, and bonds are currently paying 1% or less, which the US market hasn't seen before, then it makes you wonder what about those people that have no assets to invest, like maybe...
by backofbeyond
Tue Mar 10, 2020 9:19 am
Forum: Non-US Investing
Topic: In the future will Bitcoin end up replacing Gold?
Replies: 64
Views: 2403

Re: In the future will Bitcoin end up replacing Gold?

I know enough about crypto currency to be dangerous. But here are two recent observations: 1. My job requires that I travel to the backwoods of Alabama once a week. There is only one dive bar anywhere near where I have to conduct my business, so I'm more or less forced to eat there (or pack my own ...
by backofbeyond
Tue Mar 10, 2020 9:14 am
Forum: Investing - Theory, News & General
Topic: Who here is buying stocks today and how much?
Replies: 295
Views: 25692

Re: Who here is buying stocks today and how much?

In last three weeks since the decline, I've bought: American Air United Airlines Quantas Singapore Airlines General Electric Nitendo Carnival Corp Royal Caribbean Norwegian Cruise EBAY WestRock Delta Starbucks Visa Walmart Waste Management Target Tellurian Mylan Spirit Hawaiian Airlines Cardlytics H...
by backofbeyond
Tue Mar 10, 2020 8:43 am
Forum: Non-US Investing
Topic: In the future will Bitcoin end up replacing Gold?
Replies: 64
Views: 2403

Re: In the future will Bitcoin end up replacing Gold?

I know enough about crypto currency to be dangerous. But here are two recent observations: 1. My job requires that I travel to the backwoods of Alabama once a week. There is only one dive bar anywhere near where I have to conduct my business, so I'm more or less forced to eat there (or pack my own d...
by backofbeyond
Mon Mar 09, 2020 1:57 pm
Forum: Investing - Theory, News & General
Topic: Are any early accumulators thankful for the current correction?
Replies: 185
Views: 10212

Re: Are any early accumulators thankful for the current correction?

I think we might look back on this period, ten years from now, as a golden opportunity to buy Emerging markets / Asian stocks. If one only thinks about the US then it's tempting to think the opportunity went away in the 2010s. 2020s will likely have a weaker US dollar, so a tailwind for other natio...
by backofbeyond
Mon Mar 09, 2020 1:38 pm
Forum: Investing - Theory, News & General
Topic: Are any early accumulators thankful for the current correction?
Replies: 185
Views: 10212

Re: Are any early accumulators thankful for the current correction?

I"m very thankful that with less that 8/10th of 1% (at the time I'm posting this), we can finally put a dagger into this longest living Bull. Yes, I know some peeps will point out that we were or were close back in Dec 2018 and other points, but the Media just can't kill this longest living Bull un...
by backofbeyond
Mon Mar 09, 2020 12:56 pm
Forum: Personal Investments
Topic: Who are getting excited with the plummeting market?
Replies: 100
Views: 10032

Re: Who are getting excited with the plummeting market?

I won't say I'm excited, more optimistic that I'm buying in at "once in a decade" sell off. I've made a wish list of stocks that I've always wanted to buy, but they've always seem to be too expensive. But since hitting correction territory and more, I've been nibbling away at them with my play money...
by backofbeyond
Mon Mar 09, 2020 12:36 pm
Forum: Investing - Theory, News & General
Topic: [Why aren't forum members following the "Stay the course" approach?]
Replies: 372
Views: 25776

Re: [Why aren't forum members following the "Stay the course" approach?]

Staying the course here. Haven't sold a thing. Dollar cost averaging as usual into my TSP. However, I am nibbling at beaten down sectors with my play money. I hate to see people getting sick, so I can't say that I'm happy this is happening for that reason. But I do believe this will go down as a ver...
by backofbeyond
Mon Mar 09, 2020 9:23 am
Forum: Investing - Theory, News & General
Topic: Actual experience vs hypothetical scenarios
Replies: 46
Views: 3290

Re: Actual experience vs hypothetical scenarios

Here is my actual experience: On 1 Jan 2008 my TSP was worth $326,358. On 1 Jan 2009 my TSP was worth $179,015, which is a 45% decrease On 1 Jan 2010 my TSP was worth $331,147, which is a 85% increase. * The 85% increase does include both my and the Gov't contributions over two years, which I estima...
by backofbeyond
Fri Mar 06, 2020 10:30 am
Forum: Personal Consumer Issues
Topic: Postponed travel due to Corona Virus. Am I am overreacting ?
Replies: 232
Views: 23941

Re: Postponed travel due to Corona Virus. Am I am overreacting ?

When it comes to travel, perhaps pick an area having lower population densities and gave an extended stay. Or something like a 2 month backpacking excursion. RM Funny you mention that. Just got to Ecuador for Avenue of Volcanoes hike. It’s not quite a backpacking tour or 2 months, as it is organize...
by backofbeyond
Fri Mar 06, 2020 9:48 am
Forum: Personal Investments
Topic: What Individual stocks are you buying?
Replies: 123
Views: 9436

Re: What Individual stocks are you buying?

All these over the last two weeks with play money (10% of portfolio set aside for sector ETFs and Individual stocks). I buy about as much of each, as I'd pay for an expensive dinner with my better half. So really is play money. Hewlett Packard (today) Hawaiian Airlines Target Walmart Visa Waste Man...
by backofbeyond
Wed Mar 04, 2020 1:04 pm
Forum: Personal Investments
Topic: What Individual stocks are you buying?
Replies: 123
Views: 9436

Re: What Individual stocks are you buying?

All these over the last two weeks with play money (10% of portfolio set aside for sector ETFs and Individual stocks). I buy about as much of each, as I'd pay for an expensive dinner with my better half. So really is play money. Hewlett Packard (today) Hawaiian Airlines Target Walmart Visa Waste Mana...
by backofbeyond
Wed Mar 04, 2020 12:19 pm
Forum: Investing - Theory, News & General
Topic: Warren Buffett purchased a million more shares in the recent sell-off. Are you smarter?
Replies: 27
Views: 3475

Re: Warren Buffett purchased a million more shares in the recent sell-off. Are you smarter?

Wow...I guess I am as smart as WB. No not really, but with my play money (10% of my portfolio) in the last two weeks, I've bought 7 different airlines, including Delta. They are down anywhere between 27-54% off their highs. Casino and Cruise Ships have been equally sold off. I've also gotten into my...
by backofbeyond
Wed Mar 04, 2020 11:26 am
Forum: Investing - Theory, News & General
Topic: Are CNBC all day traders?
Replies: 71
Views: 5147

Re: Are CNBC all day traders?

I love watching CNBC. Especially Power Lunch and Fast Money. Most of the time, they are really good about stating that they are traders and not investors, but they do mention advice that is Bogle like regarding investing often. Specifically, Josh Brown is AWESOME at pointing out the difference. Ther...
by backofbeyond
Wed Feb 26, 2020 11:50 am
Forum: Personal Investments
Topic: Help w Fed Employee TSP C Fund
Replies: 33
Views: 2258

Re: Help w Fed Employee TSP C Fund

Any Federal employees in here? My 401k is all TSP C Fund and I'd like to temporarily switch to something with less risk until the coronavirus threat passes. I know you're supposed to just ride the wave here - and usually that's what I've always done - but I feel like this time I'd like to move forw...
by backofbeyond
Wed Feb 26, 2020 11:39 am
Forum: Personal Consumer Issues
Topic: Postponed travel due to Corona Virus. Am I am overreacting ?
Replies: 232
Views: 23941

Re: Postponed travel due to Corona Virus. Am I am overreacting ?

We booked a trip to Ecuador in April. The company was doing discounts on a trip we had already planned on taking. We also plan on visiting the major amusement parks in Orlando, where we fly out of. I"m not in the slightest bit worried about traveling internationally. I have a 1/103 chance of being k...
by backofbeyond
Tue Feb 25, 2020 1:05 pm
Forum: Personal Consumer Issues
Topic: Do You Have a Long Term Travel Strategy?
Replies: 67
Views: 5982

Re: Do You Have a Long Term Travel Strategy?

I'll chip in my 2 cents. I've lived in 6 countries outside of the US, prior military and now DOD civil servant. Spent 1998 to 2015 almost exclusively overseas. I have one child, she's in her early 20s now. However, she tagged along for all 7 (including US) countries. As she grew up, we took many min...
by backofbeyond
Thu Feb 20, 2020 11:06 am
Forum: Investing - Theory, News & General
Topic: If you used multiple investment strategies, which would you use and why?
Replies: 271
Views: 11365

Re: If you used multiple investment strategies, which would you use and why?

What are the goals of a core and explore strategy? Is there a description somewhere? https://en.wikipedia.org/wiki/Core_%26_Satellite Another term used is Core and Satellite. Ah, Core and Satellite I'm familiar with. How did you decide on the percentages for the core and satellites? Basically it wa...
by backofbeyond
Wed Feb 19, 2020 2:34 pm
Forum: Investing - Theory, News & General
Topic: If you used multiple investment strategies, which would you use and why?
Replies: 271
Views: 11365

Re: If you used multiple investment strategies, which would you use and why?

I use a core and explore strategy. What are the goals of a core and explore strategy? Is there a description somewhere? https://en.wikipedia.org/wiki/Core_%26_Satellite Another term used is Core and Satellite. Ah, Core and Satellite I'm familiar with. How did you decide on the percentages for the c...
by backofbeyond
Tue Feb 18, 2020 3:18 pm
Forum: Investing - Theory, News & General
Topic: Investors are never happy
Replies: 39
Views: 2932

Re: Investors are never happy

I love reading about Behaviorism Economics. One of the interesting subjects is the Wealth Effect. Basically, when the market goes up and peeps see how much they have in their accounts (even if its just in retirement accounts that they wont' access for decades), they end up splurging more, as they fe...
by backofbeyond
Tue Feb 18, 2020 3:04 pm
Forum: Personal Finance (Not Investing)
Topic: How does everyone visualize their finances?
Replies: 48
Views: 3395

Re: How does everyone visualize their finances?

Personal Capital for everything. Charles Schwab has the ability to import outside accounts but I run into problems when I try to import my Gov accounts (i.e. TSP), so I fat finger then in. Update them quarterly. I'm hoping once CS and Ameritrade merge that they will bring Ameritrade platforms over, ...