Search found 3075 matches

by greg24
Fri Jul 13, 2018 3:17 pm
Forum: Investing - Help with Personal Investments
Topic: Dave Ramsey made me laugh today
Replies: 63
Views: 6413

Re: Dave Ramsey made me laugh today

I would be mildly surprised if he knows the difference between a bond mutual fund and an equities mutual fund.
by greg24
Fri Jul 13, 2018 12:57 pm
Forum: Personal Consumer Issues
Topic: Do insurance agents add value? How?
Replies: 24
Views: 1356

Re: Do insurance agents add value? How?

Twice we've failed to pay our auto insurance on time. Our agent called us a couple weeks after the due date to let us know.

Other than that, I honestly have received zero value from our agent in the 16 years we've had them.
by greg24
Fri Jul 13, 2018 12:42 pm
Forum: Investing - Help with Personal Investments
Topic: Tell me what's wrong with my strategy
Replies: 41
Views: 2320

Re: Tell me what's wrong with my strategy

How about:

50% in a total US market index fund
30% in a total foreign index fund
20% bonds
by greg24
Thu Jul 12, 2018 2:15 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Look Past Expense Ratios
Replies: 71
Views: 5721

Re: Larry Swedroe: Look Past Expense Ratios

(Full disclosure: My firm, Buckingham Strategic Wealth, recommends AQR, Bridgeway and Dimensional funds in constructing client portfolios.)
by greg24
Thu Jul 12, 2018 1:53 pm
Forum: Personal Finance (Not Investing)
Topic: New construction: financing fell through, builder won't return deposit/earnest $
Replies: 37
Views: 3292

Re: New construction: financing fell through, builder won't return deposit/earnest $

sunny_socal wrote:
Thu Jul 12, 2018 1:44 pm
In-laws still live in CA, we may wish to return at some point
Is that worth $15k to you?
by greg24
Thu Jul 12, 2018 12:58 pm
Forum: Personal Consumer Issues
Topic: Auto Tariffs: time to buy?
Replies: 63
Views: 3553

Re: Auto Tariffs: time to buy?

Yes, used car prices would creep up, too.
by greg24
Thu Jul 12, 2018 10:38 am
Forum: Personal Consumer Issues
Topic: Auto Tariffs: time to buy?
Replies: 63
Views: 3553

Re: Auto Tariffs: time to buy?

Rupert wrote:
Thu Jul 12, 2018 10:02 am
Big news story in business section of Alabama newspaper today: "Hyundai union: Alabama plant could be first shut down under tariff plan."
The union claims 20,000 jobs may be lost.
by greg24
Thu Jul 12, 2018 9:34 am
Forum: Personal Consumer Issues
Topic: Auto Tariffs: time to buy?
Replies: 63
Views: 3553

Re: Auto Tariffs: time to buy?

Top 10 most American-made cars http://www.chicagotribune.com/classified/automotive/new/ct-top-10-most-american-made-cars-20170628-photogallery.html 10. Honda Pilot 9. Honda Odyssey 8. GMC Arcadia 7. Ford Expedition 6. Ford F-150 5. Acura RDX 4. Honda Ridgeline 3. Ford Taurus 2. Jeep Cherokee 1. Jeep...
by greg24
Tue Jul 10, 2018 2:22 pm
Forum: Personal Finance (Not Investing)
Topic: 30 Year vs 15 Year Mortgage
Replies: 79
Views: 4402

Re: 30 Year vs 15 Year Mortgage

This post by forum denizen TheFinanceBuff shows how the 30 year is financially advantageous compared to the 15:

https://thefinancebuff.com/borrow-30-ye ... rence.html
by greg24
Mon Jul 09, 2018 2:27 pm
Forum: Investing - Help with Personal Investments
Topic: Strategy for my employer’s ESPP?
Replies: 27
Views: 1328

Re: Strategy for my employer’s ESPP?

I wouldn't participate.

Seems like a decent bit of work and tying up your money for limited upside.
by greg24
Mon Jul 09, 2018 10:17 am
Forum: Investing - Help with Personal Investments
Topic: Should I exchange total bond market for stable value fund
Replies: 13
Views: 1070

Re: Should I exchange total bond market for stable value fund

Given your retirement is a long ways away, definitely stick with TBM.
by greg24
Mon Jul 09, 2018 9:34 am
Forum: Investing - Theory, News & General
Topic: Article: Rich kids are counting on inheritance to pay for retirement
Replies: 31
Views: 4469

Re: Article: Rich kids are counting on inheritance to pay for retirement

18 to 22 year olds are generally not prepared to answer retirement funding questions. Some are, but most aren't.
by greg24
Mon Jul 09, 2018 9:02 am
Forum: Personal Finance (Not Investing)
Topic: Should I take a $60k paycut to work 4days/week
Replies: 58
Views: 5139

Re: Should I take a $60k paycut to work 4days/week

Without specific numbers, it is hard to judge as an outsider.

My concern is that you'd cut from 5 days to 4 days, take a pay cut, and then be pressured into working nearly as many hours as you previously were.
by greg24
Fri Jul 06, 2018 9:33 am
Forum: Personal Consumer Issues
Topic: Multi-unit garbage woes..
Replies: 20
Views: 1478

Re: Multi-unit garbage woes..

The problem is they saw me and I was the only one in the area. This was mid day when folks are presumably at school/work (I took a day off today to do some cleaning). If you glared at them, whipped out a clipboard, and started taking notes, they'll know it was you. If you were just outside when the...
by greg24
Thu Jul 05, 2018 2:33 pm
Forum: Personal Consumer Issues
Topic: Multi-unit garbage woes..
Replies: 20
Views: 1478

Re: Multi-unit garbage woes..

If it bothers you, keep reporting it.

I don't see how the reported violators will know you were the reporter. It could be any of the 200+ units.
by greg24
Tue Jul 03, 2018 3:27 pm
Forum: Personal Consumer Issues
Topic: Thinking about moving to Madison, WI or Minneapolis, MN..Any advice?
Replies: 62
Views: 4832

Re: Thinking about moving to Madison, WI or Minneapolis, MN..Any advice?

I prefer a smaller city, and Madison seems to be just about the perfect size.

You probably already have more connections to Madison since you attended school there.

I wouldn't let the cabin weigh in the decision at all.
by greg24
Tue Jul 03, 2018 10:39 am
Forum: Investing - Theory, News & General
Topic: Treasury Auction - Nobody Came: "Great T-Bill Massacre"
Replies: 145
Views: 11771

Re: Treasury Auction - Nobody Came: "Great T-Bill Massacre"

How much was this affected by moving it forward a day?
by greg24
Tue Jul 03, 2018 10:25 am
Forum: Investing - Help with Personal Investments
Topic: What’s your plan for a market downturn?
Replies: 114
Views: 9377

Re: What’s your plan for a market downturn?

Most importantly, I plan to keep my job. Everything else works out when that happens.
by greg24
Mon Jul 02, 2018 4:29 pm
Forum: Investing - Help with Personal Investments
Topic: Am I beating the market?
Replies: 3
Views: 496

Re: Am I beating the market?

If you are using 10 year returns, the selective end points in your comparison include some very choppy equity markets in 2008/2009, which can explain the differences.
by greg24
Mon Jul 02, 2018 2:48 pm
Forum: Investing - Help with Personal Investments
Topic: How do credit cards work?
Replies: 4
Views: 651

Re: How do credit cards work?

Card processors are also part of the chain.

A link like this one explains it well enough.
https://www.valuepenguin.com/credit-car ... sing-works
by greg24
Mon Jul 02, 2018 10:19 am
Forum: Personal Consumer Issues
Topic: bike helmets
Replies: 82
Views: 4531

Re: bike helmets

Note: I'm ignoring motorcycle injuries in these comparisons, as those are off the charts. Motorcyclists should definitely wear helmets. A lot of the main numbers in Chong's argument come from the 1996 Australian study at: https://ac.els-cdn.com/0001457596000164/1-s2.0-0001457596000164-main.pdf?_tid=...
by greg24
Fri Jun 29, 2018 1:15 pm
Forum: Personal Consumer Issues
Topic: Any Reason to Keep My "Landline" Phone?
Replies: 65
Views: 3952

Re: Any Reason to Keep My "Landline" Phone?

I've wanted to dump ours for years. That said, my 10 year old recently started calling friends on the land line, so I guess there is some value there, at least for the next year or two. My wife works from home one day a week and prefers the landline connection when dialing into meetings.
by greg24
Fri Jun 29, 2018 1:12 pm
Forum: Investing - Help with Personal Investments
Topic: How to shift from 70% to 75% stock
Replies: 8
Views: 802

Re: How to shift from 70% to 75% stock

Recent gains in the market will likely have pushed 70/30 to 75/25.
by greg24
Fri Jun 29, 2018 11:09 am
Forum: Investing - Help with Personal Investments
Topic: Using the Total Bond Fund in a rising rate environment
Replies: 72
Views: 8542

Re: Using the Total Bond Fund in a rising rate environment

Get ready in a few years to show the administrator that TBM outperformed those other two.
by greg24
Thu Jun 28, 2018 2:12 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard is really pushing their Personal Adviser Service
Replies: 65
Views: 6201

Re: Vanguard is really pushing their Personal Adviser Service

Why not charge a flat fee for Vanguard PAS? As it is now, if you have a $500K portfolio you pay an additional $1,500 over the normal fund fees. If you have a $1 million you pay $3,000--twice as much. Are they really doing twice as much work to manage the larger amount? Is it twice as expensive for ...
by greg24
Wed Jun 20, 2018 2:04 pm
Forum: Investing - Theory, News & General
Topic: The Current Market
Replies: 22
Views: 1814

Re: The Current Market

3 year is a number of years. So is 0.1 years.

Sometime since 2009, I assume. So, they've ridden the bull market.
by greg24
Wed Jun 20, 2018 10:26 am
Forum: Investing - Theory, News & General
Topic: The Current Market
Replies: 22
Views: 1814

Re: The Current Market

If you think this is bad, wait until it drops 30%.
by greg24
Tue Jun 19, 2018 1:18 pm
Forum: Investing - Theory, News & General
Topic: Are the Fed and Treasury distorting the MBS market?
Replies: 16
Views: 1644

Re: Are the Fed and Treasury distorting the MBS market?

I can't tell you the answer. But the whole point of the Fed buying bonds was to distort the bond market.
by greg24
Tue Jun 19, 2018 1:17 pm
Forum: Personal Consumer Issues
Topic: gray hair
Replies: 130
Views: 8415

Re: gray hair

HueyLD wrote:
Tue Jun 19, 2018 12:56 pm
After being offered senior discounts repeatedly without asking, he decided to color his hair in order to regain his youthful appearance.
Definitely not a boglehead! I look forward to senior discounts.
by greg24
Tue Jun 19, 2018 9:21 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 6683
Views: 1448813

Re: Anyone buying today?

Yes. It is Tuesday, so a Roth purchase will occur.
by greg24
Mon Jun 18, 2018 2:09 pm
Forum: Personal Finance (Not Investing)
Topic: Would you pay off mortgage in my situation?
Replies: 31
Views: 2735

Re: Would you pay off mortgage in my situation?

I would pay it off, if I were in your situation.
by greg24
Mon Jun 18, 2018 12:56 pm
Forum: Personal Finance (Not Investing)
Topic: Career advice (take the promotion or not)
Replies: 29
Views: 3837

Re: Career advice (take the promotion or not)

I feel like you're all over the place. Complaints of $110k as "pathetic". But you're living in a LCOL area with what sounds like zero commute, and are showing major resistance to moving to a higher COL area. Complaints of lack of career growth, but an opportunity finally appears, and you turn it dow...
by greg24
Mon Jun 18, 2018 9:20 am
Forum: Investing - Theory, News & General
Topic: You Can Market Time At Valuation Extremes
Replies: 64
Views: 7332

Re: You Can Market Time At Valuation Extremes

You Can Attempt to Market Time At Valuation Extremes, And Most Of The Time You'll Probably Get It Wrong.
by greg24
Sat Jun 16, 2018 1:26 pm
Forum: Investing - Theory, News & General
Topic: Am I "market timing"?
Replies: 37
Views: 1975

Re: Am I "market timing"?

Market timing around the edges has small actual impact on your portfolio but helps behaviorally. I market time in a few ways. I rebalance when I feel like it. When I occasionally accrue ad hoc investment money, I make a purchase on a Really Bad Day. Inconsequential market timing (hey, I like that te...
by greg24
Fri Jun 15, 2018 2:05 pm
Forum: Investing - Theory, News & General
Topic: Oh my! Cardone says we need $10m net worth
Replies: 104
Views: 13896

Re: Oh my! Cardone says we need $10m net worth

The troll certainly appreciates you putting his name in the thread subject.
by greg24
Fri Jun 15, 2018 1:22 pm
Forum: Personal Consumer Issues
Topic: Too much house vs. just enough
Replies: 38
Views: 3516

Re: Too much house vs. just enough

How big are the houses? A roomy 3 BR on a corner lot with a basement is much different than a cramped 3 BR townhome.

The size of the house itself, rather than just the number of bedrooms, may be a better factor to focus on.
by greg24
Fri Jun 15, 2018 12:51 pm
Forum: Investing - Theory, News & General
Topic: Are Bogleheads smarter than the bond market?
Replies: 40
Views: 4315

Re: Are Bogleheads smarter than the bond market?

There have been many market timing advocates when it comes to bonds on this board for many years.

Myself, I just keep buying TBM. With TIAA Traditional helping things out.
by greg24
Thu Jun 14, 2018 11:21 am
Forum: Investing - Theory, News & General
Topic: Is the Dow Jones Industrial Average a useful metric?
Replies: 28
Views: 1518

Re: Is the Dow Jones Industrial Average a useful metric?

They don't mean basis points. One basis point is 0.01%.

For example, the Dow currently stands at 25,187.09. It is down 14.11 points today. Financial news will commonly say "the Dow is down 14 points today!" Which is 0.056%.
by greg24
Thu Jun 14, 2018 10:48 am
Forum: Investing - Theory, News & General
Topic: Is the Dow Jones Industrial Average a useful metric?
Replies: 28
Views: 1518

Re: Is the Dow Jones Industrial Average a useful metric?

The Dow is a historical anacronism. But the long term correlation to the SP500 is 0.9557, according to this article: https://www.marketwatch.com/story/the-dow-and-the-sp-500-havent-been-this-disconnected-since-2003-2017-07-06 So, while its use is frustrating, the Dow is a good proxy for the market r...
by greg24
Fri Jun 08, 2018 2:43 pm
Forum: Investing - Help with Personal Investments
Topic: Where do you Invest in Good Economy like this ?
Replies: 27
Views: 2215

Re: Where do you Invest in Good Economy like this ?

In this economy, I stick with my chosen AA.

Same as any other economy.
by greg24
Fri Jun 08, 2018 9:14 am
Forum: Personal Consumer Issues
Topic: Career/Moving advice needed
Replies: 11
Views: 833

Re: Career/Moving advice needed

There are areas all over the country that fit your criteria. I suggest you narrow things down to an area you prefer due to family or other personal reasons.
by greg24
Fri Jun 08, 2018 8:43 am
Forum: Personal Consumer Issues
Topic: Death - Prediction
Replies: 63
Views: 3956

Re: Death - Prediction

B4Xt3r wrote:
Fri Jun 08, 2018 7:23 am
I have no reason to believe I won't be similar to the average.
Longevity is correlated with income and wealth, which is above average around here.
by greg24
Thu Jun 07, 2018 4:49 pm
Forum: Investing - Help with Personal Investments
Topic: Mea culpa - market-timing with REITs - what to do now?
Replies: 25
Views: 2896

Re: Mea culpa - market-timing with REITs - what to do now?

badProgrammer wrote:
Thu Jun 07, 2018 2:03 pm
Jack FFR1846 wrote:
Thu Jun 07, 2018 1:52 pm
What does your IPS say? Do that.
It says "stay 100% in TSM in Roth until value at least $100K, then diversify to bonds."
I would take steps to go back to your IPS and chosen AA.
by greg24
Thu Jun 07, 2018 4:02 pm
Forum: Personal Consumer Issues
Topic: What commuter car provides the best long term financial value?
Replies: 84
Views: 6751

Re: What commuter car provides the best long term financial value?

For absolute lowest cost, buying a 12 year old Civic/Corolla and driving it into the ground, rinse and repeat.
by greg24
Wed Jun 06, 2018 4:14 pm
Forum: Investing - Theory, News & General
Topic: Vanguard's own 401k plan eliminating S&P 500 Index option!
Replies: 86
Views: 7714

Re: Vanguard employees won’t have an S&P 500 index fund in their 401(k) plan

What benefit does Vanguard get from doing this? VTSAX is an overall better investment than VFIAX, but I seriously doubt they did this purely in the best interest of their employees It seems to be part of the general shift away from S&P indices. Vanguard does have hidden S&P Mid 400 and Small 600 ET...
by greg24
Wed Jun 06, 2018 9:51 am
Forum: Investing - Help with Personal Investments
Topic: Should I put some money aside in money market for market correction
Replies: 94
Views: 6907

Re: Should I put some money aside in money market for market correction

Anyway, January saw a 10% correction that was easy to anticipate How about this: put up a post next time you easily foresee an upcoming dip in the market. Tell us exactly when to sell, and then when to buy again. If it's so easy, you should come out ahead of the market, no problem. Just went and lo...