Search found 124 matches

by HalfMillionaire
Fri Dec 04, 2020 10:11 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 10752
Views: 845207

Re: U.S. stocks continue to soar!

Soaring continues...

I am pulling a little bit out of VTI. Just normal rebalancing that's needed with all the soaring.

Finally my VXUS and VWO are approaching their highs made more than two years ago. It has been a long wait but I am happy that I stuck with them.
by HalfMillionaire
Fri Nov 20, 2020 2:51 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 10752
Views: 845207

Re: U.S. stocks continue to soar!

lostdog wrote: Fri Nov 20, 2020 2:38 pm Indeed. International holding up my portfolio today.
I have a reasonable allocation to Internationals and EM. Have held it through very difficult times. Hoping that this is the start of it turning the corner as far as underperformance relative to domestic is concerned.
by HalfMillionaire
Mon Nov 16, 2020 7:11 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 10752
Views: 845207

Re: U.S. stocks continue to soar!

Apparently Moderna is out with its vaccine news and its pretty good. That should help matters.

Seems it can be stored at room temps for some time.
by HalfMillionaire
Mon Nov 16, 2020 6:39 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 10752
Views: 845207

Re: U.S. stocks continue to soar!

Looks like soaring shall continue today. Futures are up ~1% at 6:30AM.

(Internationals likely to soar as well - Nikkei up ~2%, FTSE up ~1%. Do we have an "Internationals Soaring" thread?)
by HalfMillionaire
Fri Nov 13, 2020 6:59 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 10752
Views: 845207

Re: U.S. stocks continue to soar!

It’s the Boglehead Zen: I didn’t worry when we were down a lot and I don’t care that we are at ATH. Just check whether “soaring” or “crashing”.
by HalfMillionaire
Fri Nov 13, 2020 6:57 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 10752
Views: 845207

Re: U.S. stocks continue to soar!

S&P500 Index closed today at a record-high 3,585.15 and there was hardly even a whiff of a headline. Is there disillusionment with this roaring market? Why the blasé attitude all of the sudden about investing when the financial news (good & bad) has been incessant since February? So happy t...
by HalfMillionaire
Wed Nov 11, 2020 10:51 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 10752
Views: 845207

Re: U.S. stocks continue to soar!

oh no! lol I ruined about 3 months of out of life playing around with "tilting" small /medium/ large caps value/ growth changing the percentages on those funds every few days. I was never satisfied SP500 or Total Stock Market is the way to go. Very simple. Nothing to worry about. Sleep go...
by HalfMillionaire
Tue Sep 08, 2020 9:00 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 20768
Views: 2837202

Re: U.S. stocks in free fall

I dumped $20K into VTSAX today... anyone else buying in this market? I bought into VTI-equivalent today. My trading strategy is a little different. I have access to a Stable Value fund that returns 5%-6% (I know - its a damn unicorn!). By rules of the account, I can only put a restricted amount int...
by HalfMillionaire
Tue Sep 08, 2020 8:52 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 20768
Views: 2837202

Re: U.S. stocks in free fall

technical analysis. 50 day moving average is major support. but http://schrts.co/FWFmIfPG technical analysis is worthless. Seriously. I say this as someone who wasted couple of prime investing years of my life trying to find the perfect chart pattern analysis and trading strategies - technical anal...
by HalfMillionaire
Tue Sep 08, 2020 9:17 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 20768
Views: 2837202

Re: U.S. stocks in free fall

I don't see much coming from this sell-off as the fundamental story has not changed. Tech is going to continue to be the market leaders, especially as we move into the fall with colder weather and heightened covid-19 risks. We aren't going to suddenly be back to normal come October. Well - there is...
by HalfMillionaire
Tue Sep 08, 2020 9:15 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 20768
Views: 2837202

Re: U.S. stocks in free fall

Here I am moving my allegiances from the Soaring to the Free Fall! It is amazing how much I do not panic with market movements anymore. My two instant urges in response to market movement is to 1) check the soaring / free fall thread (as applicable) 2) Do my quick re-balance to extract whatever valu...
by HalfMillionaire
Sat Sep 05, 2020 1:55 pm
Forum: Personal Finance (Not Investing)
Topic: Share your net worth progression
Replies: 2091
Views: 499920

Re: Share your net worth progression

36M - Divorced - two kids ages 6 and 3 (50% custody). As close as I can estimate from records: 2012- 64,035.68 2013 - 92,705.05 2014 - 168,775.33 2015 - 214,164.52 2016 - 284,809.79 2017 - 365,913.11 2018 - 358,314.41 2019 - 443,076.36 2020 - 534,334.18 This excludes home equity and the mortgage fo...
by HalfMillionaire
Thu Sep 03, 2020 1:26 pm
Forum: US Chapters
Topic: Post your Financial Milestone Announcements Here
Replies: 1866
Views: 238173

Re: Post your Financial Milestone Announcements Here

TravelforFun wrote: Thu Sep 03, 2020 7:03 am After you crossed the $1 million mark, you will need to start using a log-scale chart to graph your net worth.

TravelforFun
Would love to - but its the damm negative values problem! Same issue with any exponential curve fitting.
by HalfMillionaire
Sun Aug 30, 2020 7:53 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 10752
Views: 845207

Re: U.S. stocks continue to soar!

I came here to check on the futures action for today. Found no posts about that - panicked that soaring has come to an end - then realized that it’s Sunday today. Phew!!

Soaring shall continue. Tomorrow.
by HalfMillionaire
Fri Aug 28, 2020 9:31 pm
Forum: Personal Finance (Not Investing)
Topic: Pull Out Money From 401k to Buy New Home
Replies: 20
Views: 1762

Re: Pull Out Money From 401k to Buy New Home

I will provide a counter-point - hope it helps. I did take out 50K for my mortgage. I figured that I am paying interest to myself - and I really did not want to pay PMI - and my job was pretty secure. My 401K provider did not charge any fees for the process - the interest rate was steep - but again ...
by HalfMillionaire
Fri Aug 28, 2020 9:09 pm
Forum: US Chapters
Topic: Post your Financial Milestone Announcements Here
Replies: 1866
Views: 238173

Re: 401k in 401k

I passed 401k in my 401k at market close today. I can vividly remember reading Madbrain's post on this same accomplishment several years ago (Oct 2013) and thinking how far away it felt for me. At the time of his post I had around 80k in my 401k. 401k in my 401k felt miles away. This board has been...
by HalfMillionaire
Fri Aug 28, 2020 8:47 pm
Forum: US Chapters
Topic: Post your Financial Milestone Announcements Here
Replies: 1866
Views: 238173

Re: Post your Financial Milestone Announcements Here

Congratulations, that is terrific progress! Keep up the good work. The equation on the graph caught my eye. For grins, I’ve calculated where you will be after forty years. Let me the first to congratulate on cracking $7M! That cracked me up! I checked - your calculation is right of course - and I a...
by HalfMillionaire
Fri Aug 28, 2020 8:38 pm
Forum: US Chapters
Topic: Post your Financial Milestone Announcements Here
Replies: 1866
Views: 238173

Re: Post your Financial Milestone Announcements Here

Kudos on the second comma, hope you are celebrating in some manner. Thanks, I shared the news here on this site. Then I shared the news with my spouse who is always scared of markets dropping and all our savings evaporating in ether - so she was not too impressed. Now I am enjoying a quiet beer (Be...
by HalfMillionaire
Fri Aug 28, 2020 8:01 pm
Forum: US Chapters
Topic: Post your Financial Milestone Announcements Here
Replies: 1866
Views: 238173

Re: Post your Financial Milestone Announcements Here

Just crossed 1MM today. Started in 2008 with ~(136K) - that's 136K of a hole named student loans. In last 12 years, moved a couple of times, stayed in 3 apartments and two homes, had twins, suffered career shock, did well in eventual career, checked this site every so often to remind myself to not s...
by HalfMillionaire
Fri Aug 28, 2020 7:47 pm
Forum: Personal Consumer Issues
Topic: Recommendations for wheat beer
Replies: 43
Views: 2856

Re: Recommendations for wheat beer

The king of wheat beer for me is Boulevard: https://www.boulevard.com/beerinfo/unfiltered-wheat-beer/ Many years ago, I was in Tulsa,OK - and had this beer. Since there I have been looking for it in my current midwest location. I found it here in Whole Foods. Its wonderful. My other great beer searc...
by HalfMillionaire
Fri Aug 28, 2020 6:59 pm
Forum: Personal Finance (Not Investing)
Topic: Share your net worth progression
Replies: 2091
Views: 499920

Re: Share your net worth progression

I think more than increase in saving (there was some increase for sure) it was more the matter if there being enough capital for market changes to show up in the bottom line. I would estimate that I am saving ~100K in last two years each. If anything, my 50% stock allocation to international depress...
by HalfMillionaire
Fri Aug 28, 2020 6:09 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 10752
Views: 845207

Re: U.S. stocks continue to soar!

Just wanted to chime in and say that this is my favorite thread (along with the freefall one of course). I look for this one first every time I am on the site - and this thread never disappoints.

Let the soaring continue. I have rebalanced and ready for further liftup.
by HalfMillionaire
Fri Aug 28, 2020 6:05 pm
Forum: Personal Finance (Not Investing)
Topic: Share your net worth progression
Replies: 2091
Views: 499920

Re: Share your net worth progression

Today is a big day for me - crossed the two comma threshold. Here is my progression to this milestone - all values are end of Aug for that year. # Year Net Worth Delta Growth 12 2020 1,024,141 167,278 20% 11 2019 856,863 192,448 29% 10 2018 664,415 73,935 13% 9 2017 590,480 116,655 25% 8 2016 473,82...
by HalfMillionaire
Sat Jan 12, 2019 5:08 pm
Forum: Investing - Theory, News & General
Topic: Emerging markets cannot be fairly valued and investors are better off elsewhere: Change my mind :)
Replies: 128
Views: 10110

Re: Emerging markets cannot be fairly valued and investors are better off elsewhere: Change my mind :)

I don't think any people have a monopoly on being honest or having a cultural backbone (bolding by me in the excerpt below). It would come as a shock to China (world's largest economy by PPP) and India (3rd largest by PPP) that they have been lacking in honest people and cultural backbone. The desir...
by HalfMillionaire
Mon Feb 26, 2018 7:57 am
Forum: Investing - Theory, News & General
Topic: Personal rules for buying in a down market?
Replies: 55
Views: 5053

Re: Personal rules for buying in a down market?

I buy at every 10% decline. My spreadsheet spits out the thresholds and once prices hit a threshold, I move 20% of bond allocation into equities. This way I will be 100% equities when the market declines by 50%. My sell process is a little market-timey - but since that is not the focus of this threa...
by HalfMillionaire
Sat Jan 30, 2016 11:23 am
Forum: Investing - Theory, News & General
Topic: "6-reasons-we-lost-money-on-our-first-rental-property"
Replies: 21
Views: 6265

Re: "6-reasons-we-lost-money-on-our-first-rental-property"

It made me chuckle - "Racists enjoy better price appreciation" :D
by HalfMillionaire
Tue Jan 26, 2016 7:19 pm
Forum: Personal Finance (Not Investing)
Topic: Amex/Costco Customer Retention Offer
Replies: 21
Views: 5317

Re: Amex/Costco Customer Retention Offer

I don't know what Amex's algorithm is - but as a point of comparison - I have three other Amex cards - one of which is an Airline card that I got for the bonus but am using as my main card these days - so I use it every day. I also pay in full every month and as my other thread says - and when I rec...
by HalfMillionaire
Tue Jan 26, 2016 7:13 pm
Forum: Personal Finance (Not Investing)
Topic: New Mortgage - Help Needed
Replies: 42
Views: 4117

Re: New Mortgage - Help Needed

An update - I reached out to second lender and received an offer of: 1. 3%, 15 year, 20% down 2. 3.25%, 15 year, 10% down 3. 3%, 15 year, 10% down, ~7K in one time PMI payment This is 0.25% down across the board from my first offer. The last offer came after I was suggested to ask for it on this for...
by HalfMillionaire
Tue Jan 26, 2016 7:08 pm
Forum: Personal Finance (Not Investing)
Topic: New Mortgage - Help Needed
Replies: 42
Views: 4117

Re: New Mortgage - Help Needed

Great suggestions - I have started the process for finding quotes for title services. I got details of fees today and I am planning to go through them with a fine toothed comb tomorrow. I spent so much time reviewing the GFE and asking questions to my lender. I wanted to know what every line item ch...
by HalfMillionaire
Tue Jan 26, 2016 7:06 pm
Forum: Personal Finance (Not Investing)
Topic: New Mortgage - Help Needed
Replies: 42
Views: 4117

Re: New Mortgage - Help Needed

That's wonderful jimb - thank you. I just took a look. Not just an opinion but a solid proof of concept - where else on the interwebs but on bogleheads!! ...also NPER() Glad to be of assistance. I've uploaded an example of a worksheet for this comparison to Google Sheets HERE It can be used as a gui...
by HalfMillionaire
Mon Jan 25, 2016 8:46 am
Forum: Personal Finance (Not Investing)
Topic: New Mortgage - Help Needed
Replies: 42
Views: 4117

Re: New Mortgage - Help Needed

@doubledeuce - That's amazing. I have never been very good dealing with the customer-service-setup and I doubt that I will have the super persistence needed to really see it through. Its good to know that a way out exists. Thank you for your reply - I appreciate it.
by HalfMillionaire
Mon Jan 25, 2016 8:42 am
Forum: Personal Finance (Not Investing)
Topic: New Mortgage - Help Needed
Replies: 42
Views: 4117

Re: New Mortgage - Help Needed

@betterfinances - I reached out to my broker and his explanation is that there will be no fees from his side, the actual lender will indeed have their own fees that will get passed through to me.

Interesting about Mondays. Good that I am talking to me shop-around lender today :-)
by HalfMillionaire
Mon Jan 25, 2016 8:40 am
Forum: Personal Finance (Not Investing)
Topic: New Mortgage - Help Needed
Replies: 42
Views: 4117

Re: New Mortgage - Help Needed

So paying 10% instead of 20% down and the $81 lower payment costs you $8,134 more interest per $100K and 28 months longer in debt. How much are you paying for the home? Given that we can plug it in to my spreadsheet for exact figures for your mortgage choices. jimb Your illustration absolutely make...
by HalfMillionaire
Mon Jan 25, 2016 8:38 am
Forum: Personal Finance (Not Investing)
Topic: New Mortgage - Help Needed
Replies: 42
Views: 4117

Re: New Mortgage - Help Needed

I just refinanced my home. I did a lot of interest rate shopping online. I ended up going with Aimloan.com and got a 2.75% 15 year fixed loan for 20% down. Closing costs were approximately 4.5k all inclusive. Penfed.com has good rates as well if you want a more established name. I was happy with my...
by HalfMillionaire
Sun Jan 24, 2016 9:30 pm
Forum: Personal Finance (Not Investing)
Topic: Amex/Costco Customer Retention Offer
Replies: 21
Views: 5317

Re: Amex/Costco Customer Retention Offer

Same here - got the 500 back after 3000 offer. I took the offer and have happily received my 500 as well. :moneybag
jaj2276 wrote:I posted on one of the several other threads about the Costco AMEX relationship that I was offered $500 after spending $3000. I took it.
by HalfMillionaire
Sun Jan 24, 2016 9:04 pm
Forum: Personal Finance (Not Investing)
Topic: New Mortgage - Help Needed
Replies: 42
Views: 4117

Re: New Mortgage - Help Needed

One thing if you are shopping around: some brokers and lenders will do a hard pull without a second thought. If you know your score, there is no need for that until you decide on a lender. It's not a huge deal, but I'd make it clear that you don't want more hard pulls than necessary. Why ding your ...
by HalfMillionaire
Sun Jan 24, 2016 9:01 pm
Forum: Personal Finance (Not Investing)
Topic: New Mortgage - Help Needed
Replies: 42
Views: 4117

Re: New Mortgage - Help Needed

Don't know if I came across as snarky/know-everything. I don't profess any special investing prowess. I just meant that the expected return on my portfolio will probably end up being higher than the tax adjusted mortgage interest rate. Another point for not pre-paying mortgage is that the mortgage r...
by HalfMillionaire
Sun Jan 24, 2016 8:56 pm
Forum: Personal Finance (Not Investing)
Topic: New Mortgage - Help Needed
Replies: 42
Views: 4117

Re: New Mortgage - Help Needed

Awesome! I figured as much after some reading. I am getting a Loan Statement (GFE in earlier parlance) tomorrow so that will clear up whether there are hidden charges. I am going to talk to another lender next week just to make sure that I am doing my due diligence. Short answer - no. This is very c...
by HalfMillionaire
Sun Jan 24, 2016 4:51 pm
Forum: Personal Finance (Not Investing)
Topic: New Mortgage - Help Needed
Replies: 42
Views: 4117

Re: New Mortgage - Help Needed

Thank you for all the responses. This is truly helpful.
by HalfMillionaire
Sun Jan 24, 2016 1:22 pm
Forum: Personal Finance (Not Investing)
Topic: New Mortgage - Help Needed
Replies: 42
Views: 4117

Re: New Mortgage - Help Needed

I just came to know that the actual mortgage will be held by not one of the banks but a Wholesale Lender called United Wholesale Mortgage. I am wondering whether that makes any difference.
by HalfMillionaire
Sun Jan 24, 2016 1:20 pm
Forum: Personal Finance (Not Investing)
Topic: New Mortgage - Help Needed
Replies: 42
Views: 4117

Re: New Mortgage - Help Needed

I agree about PMI. I paid PMI in my last home (very green borrower - we hardly knew the details) and hated doing it. I am willing to pay a little higher interest rate and not pay the PMI. The reason the rates might be slightly higher than what you are seeing on websites is because they are rolling t...
by HalfMillionaire
Sun Jan 24, 2016 1:14 pm
Forum: Personal Finance (Not Investing)
Topic: New Mortgage - Help Needed
Replies: 42
Views: 4117

Re: New Mortgage - Help Needed

I am one of those who are in the camp of not paying the house off early. The tax deduction on mortgage interest is nice - and I can usually make more than the tax adjusted interest rate in investments - so one can come off ahead by just investing the extra money. Glad to note that you consider the r...
by HalfMillionaire
Sun Jan 24, 2016 12:33 pm
Forum: Personal Finance (Not Investing)
Topic: New Mortgage - Help Needed
Replies: 42
Views: 4117

Re: New Mortgage - Help Needed

Mattshwink - Thanks for the link to the mtgprofessor.com - that site looks great and had somehow not appeared in my quick googling.

Seems like I am getting a decent deal here. I am more reassured now.
by HalfMillionaire
Sun Jan 24, 2016 11:27 am
Forum: Personal Finance (Not Investing)
Topic: New Mortgage - Help Needed
Replies: 42
Views: 4117

Re: New Mortgage - Help Needed

This is very helpful Mattshwink and Grettman. I will look through the sites mentioned. For information, we are looking at house of ~420K (so loan of ~380K for 10% or ~340K for 20%). My credit score is (sigh!) between 670-690 right now. We do plan to stay in the house for the foreseeable future. I am...
by HalfMillionaire
Sun Jan 24, 2016 9:14 am
Forum: Personal Finance (Not Investing)
Topic: New Mortgage - Help Needed
Replies: 42
Views: 4117

Re: New Mortgage - Help Needed

Thanks Cigarman. The mortgage broker mentioned that there would be no PMI with 10% down as the additional 0.25% interest rate makes up for that.

I am told no processing fee, no origination fee. I will look under the hood if there are other fees lurking there.
by HalfMillionaire
Sun Jan 24, 2016 9:00 am
Forum: Investing - Theory, News & General
Topic: International investing
Replies: 20
Views: 3654

Re: International investing

I am 50:50::US:International and sticking with it. I have been buying VXUS (or equivalent) through the decline - and I am confident that in the long run I (and Rick) will be vindicated. Internationals are cheap and EMs are downright super cheap. We know that Valuations matter - in the long run. This...
by HalfMillionaire
Sun Jan 24, 2016 8:55 am
Forum: Personal Finance (Not Investing)
Topic: New Mortgage - Help Needed
Replies: 42
Views: 4117

New Mortgage - Help Needed

We have found a home that provides a good value - and we are starting the buying process. We will likely make an offer in the coming week that is expected to be accepted. We went through a local mortgage broker to get pre-approval as that document is needed for the offer. However, now that we are cl...
by HalfMillionaire
Sat Jan 23, 2016 9:06 am
Forum: Personal Investments
Topic: Arizona Teacher - 403b vs 457
Replies: 10
Views: 1899

Re: Arizona Teacher - 403b vs 457

First - you can do both. Tax advantaged space is *precious* - don't let any of it go to waste. 36K in 403b+457 is a straight 9K saving in taxes assuming a marginal 25% tax rate. Now, 457 do have the attractive feature of not having a 10% withdrawal penalty - but you will still have to pay taxes on t...
by HalfMillionaire
Fri Jan 15, 2016 10:52 am
Forum: Investing - Theory, News & General
Topic: I'm sitting here watching FOX Business...14200??
Replies: 92
Views: 11714

Re: I'm sitting here watching FOX Business...14200??

This is the time to hold fast. It will go where it will go. So far I have been strong and have rebalanced into equities. I hope to continue to have the testicular fortitude to continue doing so as the rout deepens (if it does, I don't know and neither the pointy heads at Fox Business whether it actu...