There won’t be any doubt later this week if we are in a bear market or not...
Search found 606 matches
- Tue Dec 25, 2018 12:12 pm
- Forum: Investing - Theory, News & General
- Topic: Are we officially in bear market ?
- Replies: 79
- Views: 11142
- Mon Dec 24, 2018 12:31 pm
- Forum: Investing - Theory, News & General
- Topic: What will be the low for the S&P 500?
- Replies: 87
- Views: 10156
- Fri Dec 21, 2018 4:45 pm
- Forum: Investing - Theory, News & General
- Topic: When did the musicians on the titanic realize their fate?
- Replies: 132
- Views: 13437
Re: When did the musicians on the titanic realize their fate?
As the losses continue you will see the tone change. And I don’t mean that gleefully, it’s just human nature.
I fully expect this downturn to get real ugly. I went into the 2008 crisis with 75% equity and realized that was too high. I’m now @ 40% and the declines don’t bother me, but then again I think this is only the beginning.
I fully expect this downturn to get real ugly. I went into the 2008 crisis with 75% equity and realized that was too high. I’m now @ 40% and the declines don’t bother me, but then again I think this is only the beginning.
- Fri Dec 21, 2018 4:02 pm
- Forum: Investing - Theory, News & General
- Topic: What will be the low for the S&P 500?
- Replies: 87
- Views: 10156
- Thu Dec 20, 2018 9:22 am
- Forum: Investing - Theory, News & General
- Topic: What will be the low for the S&P 500?
- Replies: 87
- Views: 10156
Re: What will be the low for the S&P 500?
Not dramatically, but I have currently a fairly low valuation to equities due to low need to take risk and valuation concerns, around 40%. If markets were cheaper, I would probably increase that to 50-55%. But again, I don't need high returns to achieve my financial goals, so if I'm "wrong" and just keep earning 2-3% on my cash and bonds, that's fine too.SandraBumble wrote: ↑Thu Dec 20, 2018 7:52 am Curious if the bears on this thread have been acting on their predictions in their investments?
I did buy put options on the S&P today with a small amount of gambling money should things really go south
- Thu Dec 20, 2018 9:15 am
- Forum: Investing - Theory, News & General
- Topic: What will be the low for the S&P 500?
- Replies: 87
- Views: 10156
Re: What will be the low for the S&P 500?
Yes, I confess, it was probably the worst designed poll in the history of the bogleheads forum...SchruteB&B wrote: ↑Thu Dec 20, 2018 6:50 amSo it ultimately closed at 676 on 3/9/09 for the low and it looks like you didn’t offer 650-700 as a choice back then? Too bad, would be fun to see how many guessed correctly!renditt wrote: ↑Wed Dec 19, 2018 2:46 pm
I posted the same question over 10 years ago in the midst of the financial crisis...
viewtopic.php?t=26525
I want to point out that my own guess of 650 was very close to the 666 intraday low
- Wed Dec 19, 2018 2:46 pm
- Forum: Investing - Theory, News & General
- Topic: What will be the low for the S&P 500?
- Replies: 87
- Views: 10156
What will be the low for the S&P 500?
I get it, nobody knows, but c'mon, let's have some fun while we see our portfolios decline in value...
What will be the low for the S&P 500 of this correction / bear market whatever you want to call it?
My guess is 1400.
I posted the same question over 10 years ago in the midst of the financial crisis...
viewtopic.php?t=26525
What will be the low for the S&P 500 of this correction / bear market whatever you want to call it?
My guess is 1400.
I posted the same question over 10 years ago in the midst of the financial crisis...
viewtopic.php?t=26525
- Tue Jan 01, 2013 8:39 pm
- Forum: Investing - Theory, News & General
- Topic: 2013 BOGLEHEAD CONTEST REGISTRATION
- Replies: 481
- Views: 37376
- Sat Jun 02, 2012 7:21 pm
- Forum: Personal Finance (Not Investing)
- Topic: Buying the market in 05/2012
- Replies: 15
- Views: 2030
Re: Buying the market in 05/2012
I bought both Emerging Market and Total International, which increased my stock allocation from 30 to 40%.
I plan on increasing my allocation to stocks to 60% in the next 2 years. Should we see a significant decline in the market, I might do it quickly, otherwise I'll do it gradually. I really don't think the next bull market will start any time soon, so I'm in no rush.
I plan on increasing my allocation to stocks to 60% in the next 2 years. Should we see a significant decline in the market, I might do it quickly, otherwise I'll do it gradually. I really don't think the next bull market will start any time soon, so I'm in no rush.
- Fri Jun 01, 2012 4:52 am
- Forum: Investing - Theory, News & General
- Topic: Market Update: A Real Recovery, or a False Start?
- Replies: 33
- Views: 2691
Re: Market Update: A Real Recovery, or a False Start?
As usual, Jeremy Siegel was completely wrong.
- Fri Jun 01, 2012 4:43 am
- Forum: Investing - Theory, News & General
- Topic: Why 'Sell in May' doesn't work for investors
- Replies: 37
- Views: 4999
Re: Why 'Sell in May' doesn't work for investors
Hmm, 'Sell in May' turned out to be a pretty good strategy...
- Mon May 14, 2012 8:57 am
- Forum: Personal Investments
- Topic: Bubble Alert
- Replies: 43
- Views: 5134
Re: Bubble Alert
Just to check how markets have done since the bubble alert:
US Market (VTI): almost unchanged, down 1%
US Small Cap Value (VBR): down 4%
International (VEU): down 8%
Emerging Markets (VWO): down 11%
The overall US market clearly has some catching up to do
US Market (VTI): almost unchanged, down 1%
US Small Cap Value (VBR): down 4%
International (VEU): down 8%
Emerging Markets (VWO): down 11%
The overall US market clearly has some catching up to do
- Mon May 07, 2012 3:16 pm
- Forum: Investing - Theory, News & General
- Topic: Gold is ready to fall
- Replies: 157
- Views: 15979
Re: Gold is ready to fall
Actually it's not, mathematically impossible.Cut-Throat wrote: So, it not risk free. You made 400%, it's possible to lose 400% too.
- Sat May 05, 2012 7:53 pm
- Forum: Personal Finance (Not Investing)
- Topic: Selling rental property capital gain/loss issue
- Replies: 12
- Views: 1666
Re: Selling rental property capital gain/loss issue
Also, I would be curious how you managed to have a 100k on your other rental. For example, I researched the same issue as we are in the process of selling our second home which was converted to a rental, and I realized that when calculating the cost basis for a property which was converted from private use to a rental, I have to use the Fair Market Value (FMV) at time of conversion to business as basis and depreciate from there. Pretty hard to have a big log loss that way.
Not sure what the rules are when the property always was a rental, so your case may be different.
Not sure what the rules are when the property always was a rental, so your case may be different.
- Mon Apr 30, 2012 7:17 am
- Forum: Investing - Theory, News & General
- Topic: Why 'Sell in May' doesn't work for investors
- Replies: 37
- Views: 4999
Re: Why 'Sell in May' doesn't work for investors
'Sell in January and do so with fury" and "Buying in April can your portfolio kill" will have to be abandoned as well.MarcMyWord wrote:VictoriaF wrote:Behavioral Economists have observed that people judge rhyming statements as more accurate. If the names of the months of May and June were reversed, "Sell in May and go away" would still ring a bell.Guess I'll have to stop following my usual rules of "Buy in October, but only if sober." And "Purchases in September your hopes will dismember."nisiprius wrote:Slogans that rhyme are a waste of time.
- Sun Apr 29, 2012 4:29 pm
- Forum: Investing - Theory, News & General
- Topic: Why 'Sell in May' doesn't work for investors
- Replies: 37
- Views: 4999
Re: Why 'Sell in May' doesn't work for investors
Pretty sure it will work just fine this time, similar to last year.
- Sat Apr 28, 2012 7:44 am
- Forum: Personal Finance (Not Investing)
- Topic: "My Faith-Based Retirement" by Joe Nocera, NYT
- Replies: 143
- Views: 14488
Re: "My Faith-Based Retirement" by Joe Nocera, NYT
I think it's pretty simple: To expect the average person to manage his / her retirement portfolio responsibly is simply not going to work. The thought of my parents (who live in Europe and both have pensions) managing their own retirement money would scare me to death. I haven't really thought this through but in my view 401k should be changed that
- saving is more mandatory
- investing more conservative
- it should be impossible to take money out before retirement
- saving is more mandatory
- investing more conservative
- it should be impossible to take money out before retirement
- Tue Apr 17, 2012 8:06 pm
- Forum: Investing - Theory, News & General
- Topic: Whats out of favor now?
- Replies: 71
- Views: 6071
Re: Whats out of favor now?
Agree with those who said European stocks are relatively cheap. I think international stocks / Emerging Markets are still ok.
Other than that
- US stocks expensive
- Bonds very expensive
- high yield bonds expensive
- cash pays nothing
- Gold not cheap
Other than that
- US stocks expensive
- Bonds very expensive
- high yield bonds expensive
- cash pays nothing
- Gold not cheap
- Tue Apr 17, 2012 12:28 pm
- Forum: Personal Investments
- Topic: Selling Rental Property - Tax Treatment?
- Replies: 16
- Views: 1511
Re: Selling Rental Property - Tax Treatment?
Actually, I checked Publication 527 Residential Rental Property and it does not mention that the cost basis of the house would have to be adjusted to FVM when converting the property to a rental.Muchtolearn wrote:OP, dont worry. IRS will help When you suddenly show up with a big loss on an investment property you are likely to have a near certain audit and you will be well advised to have everything in order.
So it looks like you have to use the adjusted cost basis when calculating the depreciation whilst you own the rental, however when you sell the rental you have to adjust the cost basis to the FMV the propery had when you converted (assuming FMV is lower). Very confusing.
- Tue Apr 17, 2012 10:36 am
- Forum: Personal Investments
- Topic: Selling Rental Property - Tax Treatment?
- Replies: 16
- Views: 1511
Re: Selling Rental Property - Tax Treatment?
See page 10 of publication 551, Basis of Assets Figure the basis for a loss starting with the smaller of your adjusted basis or the FMV of the property at the time of the change to business or rental use. Then adjust this amount for the period after the change in the property’s use, as discussed earlier under Adjusted Basis, to arrive at a basis for loss. So if you paid $500,000 for it, but it had a fair market value of $300,000 two years ago when you converted it to a rental, your basis will be $300,000 adjusted for depreciation, etc. Thanks, this is very helpful (and not great news as I was hoping I could use the entire loss and not just a portion of it). I reality, I wonder how you would determine the FMV of the property at time of conv...
- Tue Apr 17, 2012 8:49 am
- Forum: Personal Investments
- Topic: Selling Rental Property - Tax Treatment?
- Replies: 16
- Views: 1511
Selling Rental Property - Tax Treatment?
We are thinking about selling our 2nd home. We never used the home as primary residence and have used the home for the last 2 years to generate rental income. If and when we sell the house, we will likely have a substantial loss. Would I be able to carryforward that loss on my tax return and offset future gains from stocks / bond investments?
thanks
thanks
- Mon Apr 16, 2012 8:44 pm
- Forum: Personal Finance (Not Investing)
- Topic: Does anyone here use a CPA for their taxes?
- Replies: 58
- Views: 5550
Re: Does anyone here use a CPA for their taxes?
Doing it myself but maybe I should use a CPA. Primary home, rental property, LOTS of stock transactions, backdoor Roth etc...
Spent way too much time this year, but I guess next year should be easier as brokers will report the cost basis as well. This year was bad though. Also, the IRS came back with questions on both the 09 and 10 returns, no big deal to answer them though.
Spent way too much time this year, but I guess next year should be easier as brokers will report the cost basis as well. This year was bad though. Also, the IRS came back with questions on both the 09 and 10 returns, no big deal to answer them though.
- Mon Apr 16, 2012 8:08 pm
- Forum: Personal Finance (Not Investing)
- Topic: Average Income Tax Rate
- Replies: 31
- Views: 2787
Re: Average Income Tax Rate
37% of total income
40% of taxable income
40% of taxable income
- Sun Apr 15, 2012 6:28 pm
- Forum: Investing - Theory, News & General
- Topic: have/would you invest in a hedge fund?
- Replies: 43
- Views: 3325
Re: have/would you invest in a hedge fund?
Yes, if I knew the manager, he had an excellent track record and I had lots to invest.
Would never be a core holding, but say I had 10m I could see investing 500k in a HF.
Would never be a core holding, but say I had 10m I could see investing 500k in a HF.
- Sat Apr 14, 2012 6:50 pm
- Forum: Personal Consumer Issues
- Topic: Where do we bogleheads Splurge?!
- Replies: 138
- Views: 14512
Re: Where do we bogleheads Splurge?!
Personal trainer.
Chiropractor.
Dog walker.
Babysitter.
Chiropractor.
Dog walker.
Babysitter.
- Thu Apr 12, 2012 8:18 pm
- Forum: Investing - Theory, News & General
- Topic: How do you approach a down market psychologically?
- Replies: 101
- Views: 7167
Re: How do you approach a down market psychologically?
You don't make or loose any money in the markets until you sell. I don't plan on selling for another 25 years. So why should I care where the market is at today? Or next week? Or next year? JJ But this thread is not about you. :wink: (added in fairness the OP did ask how each of us handle ups and downs...) Or any of us. As a general comment on many posts: It is about the OP and the very real effects of human emotions that most people feel. Perhaps the greatest obstacle to investing success is ignoring these sorts of forces. Trying to draw (even if accidentally) the OP into a game of "who is toughest" is not likely helpful. Telling someone afraid of heights they are irrational and just get over it does not help them. Some explanat...
- Thu Apr 12, 2012 8:13 pm
- Forum: Investing - Theory, News & General
- Topic: How do you approach a down market psychologically?
- Replies: 101
- Views: 7167
Re: How do you approach a down market psychologically?
We are hopefully not talking about the infamous RBD strategy again? I guess we are.livesoft wrote:There is something one can do about the best/worst days. We had a discussion in this thread about it: http://www.bogleheads.org/forum/viewtop ... 10&t=60207
- Wed Apr 11, 2012 12:20 am
- Forum: Personal Finance (Not Investing)
- Topic: The Economics of Adoption
- Replies: 30
- Views: 3784
Re: The Economics of Adoption
We adopted our daughter domestically a couple of years ago. It was an open adoption and we met the birth mother before our daughter was born and were actually in the hospital when our daughter was born, so we are looking after her since day 1. Worked with a wonderful agency.
Couldn't even tell you anymore what the economics were, all I know is that the adoption cost were nothing compared with raising a child
Couldn't even tell you anymore what the economics were, all I know is that the adoption cost were nothing compared with raising a child
- Tue Apr 10, 2012 12:06 pm
- Forum: Personal Investments
- Topic: Can I Retire?
- Replies: 45
- Views: 4846
Re: Can I Retire?
I have created a plan that calls for me to stop working at age 55. Now, at age 40, I'm starting to think work isn't such a wonderful concept and I'd like the ability not to depend on it for income. (I work on commissions which can be feast or famine.) I have been keeping careful track of my investments for years, and my risk-tolerance is pretty good. (I was a net purchaser of equities during the crash in '08/'09 and even though I had bouts of anxiety, I always stayed the course.) What I'm looking for is a smart Boglehead or two who can review the plan I've put together for myself and help me figure out if my assumptions seem reasonable. If you are a smart Boglehead and you're willing to review my spreadsheets, please private message me. He...
- Fri Mar 30, 2012 1:03 pm
- Forum: Personal Consumer Issues
- Topic: [POLL] How many miles on your car?
- Replies: 141
- Views: 12480
Re: [POLL] How many miles on your car?
130.
Bought my new F150 Saturday, loving it!
Bought my new F150 Saturday, loving it!
- Sat Mar 24, 2012 9:34 pm
- Forum: Investing - Theory, News & General
- Topic: It probably wont happen -=IS=- good enough
- Replies: 26
- Views: 3010
Re: It probably wont happen -=IS=- good enough
Athada - great post
- Thu Mar 22, 2012 8:36 pm
- Forum: Investing - Theory, News & General
- Topic: from nisiprius, a 'greatest post' in case you missed it
- Replies: 147
- Views: 21985
Re: from nisiprius, a 'greatest post' in case you missed it
In my view the main message of this is very simple: Be very conservative when making assumptions of future returns.
I think that's a prudent approach, especially now with bond yields at records lows and stocks still overvalued. There is simply no way any stock / bond combination will match the returns of the last 20 years in the next 20 years.
I disagree though with Nisi when he implies that picking a strategy that worked well or even very well in 90% of the cases is basically nothing else than hoping to get lucky (especially when even in a worst case scenario for stocks, stocks still provided a return similar to bonds).
I think that's a prudent approach, especially now with bond yields at records lows and stocks still overvalued. There is simply no way any stock / bond combination will match the returns of the last 20 years in the next 20 years.
I disagree though with Nisi when he implies that picking a strategy that worked well or even very well in 90% of the cases is basically nothing else than hoping to get lucky (especially when even in a worst case scenario for stocks, stocks still provided a return similar to bonds).
- Thu Mar 15, 2012 3:21 am
- Forum: Investing - Theory, News & General
- Topic: Market Update: A Real Recovery, or a False Start?
- Replies: 33
- Views: 2691
Re: Market Update: A Real Recovery, or a False Start?
Whatever Siegel says, do the opposite.
- Mon Mar 12, 2012 3:19 pm
- Forum: Personal Finance (Not Investing)
- Topic: Tax planning for high income couples
- Replies: 33
- Views: 4854
Re: Tax planning for high income couples
If you have a high deductible medical plan, you can open a Health Savings Account. You can contribute up to 3k and you can carry over whatever you don't spend this year into next year and invest the money tax free. In my view one of the best investment vehicles from a tax perspective: You get the tax benefit from the 3k annual contribution and any investment income is tax free.lmr123 wrote:Thanks for the ideas! We live in California ( ), high state taxes with no option for back door roth.
Goal for this year
Max out 401k - 34K
Can open FSA account, though I doubt we will use much
Currently emergency fund sitting in a savings account @2%, will move that over to index fund
We are re-financing to get rid of the PMI in next couple of months.
- Sat Mar 10, 2012 8:55 am
- Forum: Personal Finance (Not Investing)
- Topic: 3 Years since ...
- Replies: 16
- Views: 1854
Re: 3 Years since ...
Lessons learned: - Stock markets can drop 50% (or more) - I had too much equities going into the crisis (around 70% including REITs) - Even though I had too much in stocks and at some point 'lost' several 100k's, emotionally I had no problem dealing with the declines and was not tempted to sell at the bottom. I regret though I had no 'dry powder' left to invest at the lows. - In a real crisis, in addition to a significant decrease in stocks you have to deal with less job security, potential lower income and decline in other asset prices (e.g., housing) Changes in investing: - Decreased allocation to stocks substantially due to low need to take risk - More tactical approach, i.e. realize gains after steep run ups in stock prices (I know, not...
- Fri Mar 09, 2012 8:32 pm
- Forum: Investing - Theory, News & General
- Topic: <Richard Dawson voice> Survey says $150K needed to live...
- Replies: 102
- Views: 7708
Re: <Richard Dawson voice> Survey says $150K needed to live.
These "I spend x" "but I spend only y" discussions really make me laugh.
Andy said it exactly right: All that matters is that you save enough. If you make 500k per year, pay 150k in taxes, save 150k and spend 200k, good for you. If you make 60k and save 15k, great job.
Let's just be more tolerant folks and acknowledge that all our situations are different.
(And what's with all the sexist comments? Can't believe people still believe (and write!) that sort of stuff)
Andy said it exactly right: All that matters is that you save enough. If you make 500k per year, pay 150k in taxes, save 150k and spend 200k, good for you. If you make 60k and save 15k, great job.
Let's just be more tolerant folks and acknowledge that all our situations are different.
(And what's with all the sexist comments? Can't believe people still believe (and write!) that sort of stuff)
- Tue Mar 06, 2012 4:21 pm
- Forum: Investing - Theory, News & General
- Topic: Hussman: Now is one of the worst times in history to invest
- Replies: 100
- Views: 12134
Re: Hussman: Now is one of the worst times in history to inv
Even as a fan of Hussman's weekly letter, I have to admit the performance of his Strategic Growth Fund has been dismal over the last years. Since early April 2009, his fund is down 9% whereas the S&P is up 59% . Whereas I wouldn't expect him to match the S&P is this kind of market, one would think he managed to make some money over that period. Just reinforces my belief that I would never give money to an active manager. Doesn't make his weekly letter any less valuable though in my opinion. Renditt, earlier in the thread, you said the following... Yes. I don't invest in their funds, I just listen to their advice and may act accordingly (as a good boglehead, I only invest in index funds :wink: ). Right now for example I underweigh U...
- Tue Mar 06, 2012 3:37 pm
- Forum: Investing - Theory, News & General
- Topic: Hussman: Now is one of the worst times in history to invest
- Replies: 100
- Views: 12134
Re: Hussman: Now is one of the worst times in history to inv
Even as a fan of Hussman's weekly letter, I have to admit the performance of his Strategic Growth Fund has been dismal over the last years. Since early April 2009, his fund is down 9% whereas the S&P is up 59%. Whereas I wouldn't expect him to match the S&P is this kind of market, one would think he managed to make some money over that period.
Just reinforces my belief that I would never give money to an active manager. Doesn't make his weekly letter any less valuable though in my opinion.
Just reinforces my belief that I would never give money to an active manager. Doesn't make his weekly letter any less valuable though in my opinion.
- Tue Mar 06, 2012 2:41 pm
- Forum: Investing - Theory, News & General
- Topic: Hussman: Now is one of the worst times in history to invest
- Replies: 100
- Views: 12134
Re: Hussman: Now is one of the worst times in history to inv
Easy. If the US market substantially outperforms the predictions from Hussman and Grantham over the next 7-10 years (both predict approx 4% nominal or 1% real return annually), I would be the first to admit that they were simply wrong. Note though that both predicted correctly the dismal US stock market performance of the last 12 years. So even if both underperform their appropriate index benchmark over the next 10 years, but are correct that over the next 7-10 years the return of the stock market will be around 4% annually, you would not see that as failure? Anybody can use the Gordon Equation and current valuations to come up with a good ballpark estimate of average returns over the next 10 years. Even Bogle has thrown out those kind of ...
- Tue Mar 06, 2012 1:55 pm
- Forum: Investing - Theory, News & General
- Topic: Hussman: Now is one of the worst times in history to invest
- Replies: 100
- Views: 12134
Re: Hussman: Now is one of the worst times in history to inv
I'm with Hussman. Me too. One of the best investment related newsletters / blogs I can find on the web (together with Grantham), certainly much better than the blogs of Swedroe and Ferri, who are held in such high regard here. It does make me laugh that people ridicule Hussman, but when Rick Ferri posted his I'm-bullish-on-stocks blog in October, people congratuled him. Heh we congratuled him, tongue-in-cheek, after the fact. None of us really believed he's an expert at prediction. Even he admitted he got lucky. Hussman ever admit that? Exactly. I think Ferri would be the first one to tell you he cannot time the market. It was a guess for entertainment purposes. And I think it is interesting that despite Hussman's very poor recent performa...
- Tue Mar 06, 2012 12:49 pm
- Forum: Investing - Theory, News & General
- Topic: Hussman: Now is one of the worst times in history to invest
- Replies: 100
- Views: 12134
Re: Hussman: Now is one of the worst times in history to inv
Me too. One of the best investment related newsletters / blogs I can find on the web (together with Grantham), certainly much better than the blogs of Swedroe and Ferri, who are held in such high regard here. It does make me laugh that people ridicule Hussman, but when Rick Ferri posted his I'm-bullish-on-stocks blog in October, people congratuled him.james22 wrote:I'm with Hussman.
- Sat Mar 03, 2012 3:04 pm
- Forum: Investing - Theory, News & General
- Topic: Deleted
- Replies: 50
- Views: 5080
Re: Do you have a portfolio "floor"?
We don't have a set floor, however due to a low need need to take risk, our allocation to stocks is fairly small for our age (40% age 40). As an additional safety measure, I don't sell bonds to buy stocks should stocks decrease in values. If anything, I would only rebalance using new money.
- Tue Feb 28, 2012 6:12 am
- Forum: Personal Investments
- Topic: Investing in a Natural Gas ETF
- Replies: 13
- Views: 1691
Re: Investing in a Natural Gas ETF
Just go to Google Finance and look up the price chart of the Natural Gas ETF UNG.
That's all you need to know about investing in a Natural Gas ETF!
That's all you need to know about investing in a Natural Gas ETF!
- Sun Feb 26, 2012 3:18 pm
- Forum: Personal Investments
- Topic: House / Gross income ratio
- Replies: 13
- Views: 1666
Re: House / Gross income ratio
Less than 1 for us.
- Sun Feb 26, 2012 3:16 pm
- Forum: Personal Investments
- Topic: House / Gross income ratio
- Replies: 13
- Views: 1666
House / Gross income ratio
I read an article recently which mentioned that for the average household, the ratio of market value of the house divided by the gross income (I.e., pre-tax) is 3.5. Curious how this looks for Bogleheads?
If you are currently renting, you can still calculate based on the estimated market value of your rental.
If you currently have no income (or are retired), please don't vote.
If you are currently renting, you can still calculate based on the estimated market value of your rental.
If you currently have no income (or are retired), please don't vote.
- Sun Feb 26, 2012 1:49 pm
- Forum: Personal Finance (Not Investing)
- Topic: Living "month to month" on $200k per year
- Replies: 83
- Views: 10499
Re: Living "month to month" on $200k per year
Nothing surprising in these articles. You wouldn't be able to save much in a place like NYC on 10k per month if you have kids and have to pay for day care.
- Fri Feb 10, 2012 8:21 am
- Forum: Investing - Theory, News & General
- Topic: Has Buffett changed anyones mind
- Replies: 65
- Views: 6059
Re: Has Buffett changed anyones mind
No, stocks are overpriced.
Bonds are overpriced too, so I currently have a lot of cash.
Bonds are overpriced too, so I currently have a lot of cash.
- Wed Feb 08, 2012 11:30 am
- Forum: Personal Investments
- Topic: Bubble Alert
- Replies: 43
- Views: 5134
Re: Bubble Alert
I'm sure this will be a very popular post :) , but just wanted to go on record that the stock market is (again) clearly overvalued and it's time to go into cash. In my view, the problems in Europe have neither been resolved nor are the fully priced in the market and the US economy will probably get weaker this year and not stronger. I find it fascinating how people get more comfortable with a climbing market, rather than getting more nervous. So, sell now and buy again at a 15-20% discount. I'm having problems with your predictive skills. :) 2011 Boglehead Contest (S&P 500) Place.. Name.. Projection.. Difference from Final S&P 500 359 renditt 950.00 307.60 I was equally wrong in the 2010 Contest. But then again, this one was better...
- Wed Feb 08, 2012 9:09 am
- Forum: Personal Investments
- Topic: Bubble Alert
- Replies: 43
- Views: 5134
Bubble Alert
I'm sure this will be a very popular post , but just wanted to go on record that the stock market is (again) clearly overvalued and it's time to go into cash. In my view, the problems in Europe have neither been resolved nor are the fully priced in the market and the US economy will probably get weaker this year and not stronger. I find it fascinating how people get more comfortable with a climbing market, rather than getting more nervous.
So, sell now and buy again at a 15-20% discount.
So, sell now and buy again at a 15-20% discount.
- Mon Feb 06, 2012 3:20 pm
- Forum: Investing - Theory, News & General
- Topic: Poll: February 4, 2012 Peak High?
- Replies: 47
- Views: 5027
Re: Poll: February 4, 2012 Peak High?
On February 4, 2012 the Dow closed at 12,862.23 and the S&P 500 closed at 1,344.90 . Through the first 6 weeks of 2012 the market has seen a tremendous run-up. Normally after such a run-up there is a pull-back. Do you think these closing prices as of 2/4/12 will be at or near the peak high for 2012? Last year's peak high for the Dow occurred on 4/29/11 at 12,810.54 and it was mostly downhill from there until late in the year. I'm trying to gauge the current sentiment of the Boglehead board members. This has nothing to do with "market timing" or "staying the course", so please leave those comments for other threads. Thank you. Probably close to the high, maybe another 5% upside. Big downside though and I expect the m...