Search found 2849 matches

by greg24
Tue Dec 12, 2017 2:21 pm
Forum: Personal Finance (Not Investing)
Topic: Received promotion offer at work and trying to negotiate the pay increase portion.
Replies: 31
Views: 2349

Re: Received promotion offer at work and trying to negotiate the pay increase portion.

Accept the promotion. It is crazy talk to decline it. A career coach is advising you to say "Thanks but no thanks. Maybe next month." That sounds like a bad career coach to me. I think most organizations would react very poorly to such a statement. Lots of companies wouldn't backfill a position with...
by greg24
Mon Dec 11, 2017 4:22 pm
Forum: Investing - Help with Personal Investments
Topic: Does a tilt toward consumer staples make sense?
Replies: 15
Views: 839

Re: Does a tilt toward consumer staples make sense?

Don't read newsletters.

Don't make bets on specific sectors.

Invest in a total market fund with very low expenses.

:sharebeer
by greg24
Fri Dec 08, 2017 2:39 pm
Forum: Investing - Theory, News & General
Topic: Which is better: Wellesley or 5-yr 2.5% CD?
Replies: 51
Views: 3885

Re: Which is better: Wellesley or 5-yr 2.5% CD?

My friend won't touch the money for at least five years (he's open to leaving it in longer, but five years minimum), so there will be no panic selling. It is impossible to definitively know if there will be panic selling or not. Given your description of the situation, it certainly sounds possible....
by greg24
Fri Dec 08, 2017 2:36 pm
Forum: Investing - Help with Personal Investments
Topic: on keeping a tranche of active mgmt in Roth
Replies: 16
Views: 640

Re: on keeping a tranche of active mgmt in Roth

If you focus on low-cost, low-turnover active funds, you should be fine.

POSKX at 0.69% expense ratio is pushing it on cost.
by greg24
Fri Dec 08, 2017 1:33 pm
Forum: Personal Finance (Not Investing)
Topic: Should I file taxes w/o her?
Replies: 54
Views: 3615

Re: Should I file taxes w/o her?

unclescrooge wrote:
Thu Dec 07, 2017 10:41 pm
Of course his taxes went up. His household income went from 175k to 525k.
+99999999999999999999999999999
by greg24
Fri Dec 08, 2017 11:57 am
Forum: Personal Finance (Not Investing)
Topic: Quit jobs to gain lower EFC [Expected Family Contribution]
Replies: 89
Views: 5952

Re: Quit jobs to gain lower EFC

chipperd wrote:
Fri Dec 08, 2017 4:47 am
(ie: If you could pay 32k for a car or 11k for that same car and work less to pay for the less expensive car, I believe most would at least consider the cheaper vehicle).
I wouldn't consider this purchase if it meant my child was then saddled with a 20k loan for the vehicle.
by greg24
Thu Dec 07, 2017 3:25 pm
Forum: Personal Consumer Issues
Topic: Okay come clean....How man people share passwords for streaming services?
Replies: 41
Views: 1623

Re: Okay come clean....How man people share passwords for streaming services?

OK - I am against "digital piracy" -- BUT is sharing passwords for services online "digital piracy"? Of course it is. You are stealing a product. I disagree with the insanity above that Netflix and other streaming services don't mind. Of course they do, why else would they even have a login/passwor...
by greg24
Thu Dec 07, 2017 2:28 pm
Forum: Personal Consumer Issues
Topic: Okay come clean....How man people share passwords for streaming services?
Replies: 41
Views: 1623

Re: Okay come clean....How man people share passwords for streaming services?

Many people who consider themselves honest or "good Christians" have no issue with digital piracy, which is theft.

Go to any "cut the cord" thread on the internet, and pretty much everyone mentions "I'll use my sister's netflix"...
by greg24
Thu Dec 07, 2017 10:51 am
Forum: Investing - Help with Personal Investments
Topic: Just downsized at age 60...input appreciated
Replies: 29
Views: 3621

Re: Just downsized at age 60...input appreciated

You can and should do it yourself.

Does your brother have a relationship with this advisor?
by greg24
Thu Dec 07, 2017 10:46 am
Forum: Personal Finance (Not Investing)
Topic: Friend buys a lot of stuff because he want's to reduce his tax liability. Is this thinking flawed?
Replies: 47
Views: 4115

Re: Friend buys a lot of stuff because he want's to reduce his tax liability. Is this thinking flawed?

I've been in business for most of my life up through retirement and I have always heard it from non-business (wage earners) or otherwise, "you can afford it, you can "write it off"". Is this the same logic as folks who have to have a mortgage so they can "write off" the interest? The same people wh...
by greg24
Thu Dec 07, 2017 10:35 am
Forum: Personal Finance (Not Investing)
Topic: House on the market less than a day. Did listing agent commit fraud?
Replies: 56
Views: 6953

Re: House on the market less than a day. Did listing agent commit fraud?

While this instance isn't fraud, and you have no recourse for your babysitting, you are working within a cartel. Good luck.
by greg24
Thu Dec 07, 2017 10:25 am
Forum: Personal Consumer Issues
Topic: Work from Home Jobs
Replies: 21
Views: 2801

Re: Work from Home Jobs

raamakoti wrote:
Wed Dec 06, 2017 1:42 pm
In her current job she can work from home anytime she wishes. However she is looking for 100% work from home with 4 max travel trips a year.
It sounds like she nearly has her ideal job. I would find a way to be happy with her current job rather than look for the idealistic job that may not exist.
by greg24
Wed Dec 06, 2017 4:53 pm
Forum: Investing - Theory, News & General
Topic: Crypto-Currency
Replies: 17
Views: 1108

Re: Crypto-Currency

That post makes me feel really good about my shorts.
by greg24
Wed Dec 06, 2017 4:41 pm
Forum: Investing - Theory, News & General
Topic: Crypto-Currency
Replies: 17
Views: 1108

Re: Crypto-Currency

I am shorting Bitcoin and most other crypto-currencies.
by greg24
Wed Dec 06, 2017 2:50 pm
Forum: Personal Finance (Not Investing)
Topic: Friend buys a lot of stuff because he want's to reduce his tax liability. Is this thinking flawed?
Replies: 47
Views: 4115

Re: Friend buys a lot of stuff because he want's to reduce his tax liability. Is this thinking flawed?

His entire financial life it messed up, not just buying stuff in a misguided attempt to reduce tax liability.

Good luck.
by greg24
Wed Dec 06, 2017 9:25 am
Forum: Personal Consumer Issues
Topic: How to convince DW that high miles used car is OK
Replies: 106
Views: 6673

Re: How to convince DW that high miles used car is OK

I would be the primary driver - almost all local, short trips. Her "issue" is financial - the belief that a less expensive very old, high mileage car will end up needing repairs. Safety or getting stranded are not her primary concerns. This post has 80 replies, and you finally chime in with this in...
by greg24
Sun Dec 03, 2017 5:33 pm
Forum: Investing - Theory, News & General
Topic: Bitcoin - How it works for the layman
Replies: 30
Views: 2877

Re: Bitcoin - How it works for the layman

Actually, if society were to migrate, it might very much make sense as an investment. Why? Because there is a fixed supply of Bitcoin. That means if society's economy is growing, Bitcoin's value will grow with it. Ironically, this is probably one of the things that will be problematic for its wide ...
by greg24
Sat Dec 02, 2017 10:03 pm
Forum: Investing - Theory, News & General
Topic: Bitcoin - How it works for the layman
Replies: 30
Views: 2877

Re: Bitcoin - How it works for the layman

Even if society migrates to bitcoin as a currency, that doesn't mean it makes sense to consider it an investment.
by greg24
Fri Dec 01, 2017 1:27 pm
Forum: Personal Finance (Not Investing)
Topic: Financial Advice Needed
Replies: 16
Views: 1138

Re: Financial Advice Needed

Put it all in bitcoin.
by greg24
Fri Dec 01, 2017 1:26 pm
Forum: Investing - Help with Personal Investments
Topic: Is investing in the stock market just like investing in a house for appreciation?
Replies: 33
Views: 1301

Re: Is investing in the stock market just like investing in a house for appreciation?

Equities have provided a long term real return.

Housing has barely beaten inflation.
by greg24
Fri Dec 01, 2017 1:25 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 4184
Views: 1118658

Re: U.S. stocks in freefall

The market is tanking now. Could get interesting.
by greg24
Thu Nov 30, 2017 2:53 pm
Forum: Investing - Theory, News & General
Topic: Hedge Market Risk By Short Selling Index ETF Or Selling Index Futures?
Replies: 27
Views: 1863

Re: Hedge Market Risk By Short Selling Index ETF Or Selling Index Futures?

aqan wrote:
Wed Nov 29, 2017 11:47 pm
greg24 wrote:
Wed Nov 29, 2017 1:47 pm
For most people, derivatives increase risk, not reduce it.
Not true. its a zero sum game.. Buyers loss is sellers profit. so if it's increasing risk for one party it will be reducing for the other.
That is what people would like to believe.
by greg24
Thu Nov 30, 2017 2:52 pm
Forum: Investing - Theory, News & General
Topic: What can we learn from BitCoin’s surge?
Replies: 37
Views: 3148

Re: What can we learn from BitCoin’s surge?

Greed and animal spirits.
by greg24
Wed Nov 29, 2017 1:46 pm
Forum: Investing - Help with Personal Investments
Topic: Edward Jones trap
Replies: 45
Views: 5251

Re: Edward Jones trap

This only sounds like a trap for you. Don't step in it.
by greg24
Wed Nov 29, 2017 1:23 pm
Forum: Personal Finance (Not Investing)
Topic: Is this market timing?
Replies: 8
Views: 564

Re: Is this market timing?

This would be on the market timing continuum, but on the light end.

I allow myself to rebalance in a market timing fashion, but I allow it for fun.

Market timing isn't taboo. Its just stupid to do it drastically.
by greg24
Wed Nov 29, 2017 11:51 am
Forum: Personal Finance (Not Investing)
Topic: When to tell the SO about my financial situation?
Replies: 109
Views: 5497

Re: When to tell the SO about my financial situation?

You appear to be VERY involved in her finances. Yet you balk at her being curious about your finances?
by greg24
Tue Nov 28, 2017 10:04 am
Forum: Investing - Help with Personal Investments
Topic: 38 years old and behind the curve
Replies: 6
Views: 1547

Re: 38 years old and behind the curve

Given that you make $95k, you likely have a marginal tax rate of about 30% (federal 25%, state 4.95%).

I suggest you start investing as much as possible in your 457 as soon as possible. Avoiding taxes is the easiest way to save a lot of money.
by greg24
Tue Nov 28, 2017 9:29 am
Forum: Investing - Theory, News & General
Topic: How much do you have in your taxable account?
Replies: 23
Views: 2140

Re: How much do you have in your taxable account?

zero point zero zero.

There are other ways to access tax-deferred funds before retirement age. Roth IRA principal can be withdrawn at any time. Rule 72t allows IRA withdrawals before 59.5. etc.
by greg24
Mon Nov 27, 2017 2:05 pm
Forum: Investing - Theory, News & General
Topic: CNBC says Vanguard says 70% Chance of "Correction"
Replies: 63
Views: 7861

Re: CNBC says Vanguard says 70% Chance of "Correction"

I buy Vanguard funds for their low costs and quality products.

I do not listen to Vanguard market prognostications.
by greg24
Sun Nov 26, 2017 9:43 pm
Forum: Investing - Theory, News & General
Topic: Bonds Are Riskier Than People Think
Replies: 137
Views: 12012

Re: Bonds Are Riskier Than People Think

Straw man premise.
by greg24
Sun Nov 26, 2017 7:08 pm
Forum: Investing - Theory, News & General
Topic: Dropping Term Life Insurance When Hitting Your Number
Replies: 30
Views: 3443

Re: Dropping Term Life Insurance When Hitting Your Number

"Your number" is having sufficient assets to support you and your spouse over the rest of your lives.

If you die, your combined assets now only need to support one person, your spouse.

I have 20 year level term that will run out before I hit "my number", and that makes sense to me.
by greg24
Sat Nov 25, 2017 10:50 pm
Forum: Personal Consumer Issues
Topic: Etiquette question: Paying for meals out & out of town guests
Replies: 79
Views: 5583

Re: Etiquette question: Paying for meals out & out of town guests

Yeah, the guests probably made a faux pas.

But, no big deal. Move on and enjoy your time with them.
by greg24
Wed Nov 22, 2017 2:32 pm
Forum: Investing - Help with Personal Investments
Topic: Advice to become wealthy
Replies: 58
Views: 5334

Re: Advice to become wealthy

To become wealthy, I suggest making a LOT of money.
by greg24
Tue Nov 21, 2017 9:49 am
Forum: Personal Consumer Issues
Topic: service life of (walk behind) lawn mower?
Replies: 45
Views: 2950

Re: service life of (walk behind) lawn mower?

My dad brainwashed me into buying Craftsman. I buy push mowers with the larger engine size, use them for about 8 years, then sell it and buy a new one. A couple years ago, I bought a new one for $250 and managed to get $100 for the used one. Spending ~$20 a year on a lawnmower doesn't seem too bad.
by greg24
Mon Nov 20, 2017 10:26 am
Forum: Personal Finance (Not Investing)
Topic: Dave Ramsey says don't use credit cards, even if you pay them off
Replies: 221
Views: 14097

Re: Dave Ramsey says don't use credit cards, even if you pay them off

gvsucavie03 wrote:
Sun Nov 19, 2017 6:06 pm
randomizer wrote:
Sun Nov 19, 2017 5:38 pm
I'd spend much less if I couldn't use credit cards. How would I get anything online?
Debit card...
If you are someone who spends 20% more using a credit card because it doesn't feel like "real money", I don't see your behavior with a debit card being much different.
by greg24
Wed Nov 15, 2017 9:21 am
Forum: Personal Finance (Not Investing)
Topic: How much to charge for nanny services on New Year's Eve?
Replies: 29
Views: 2113

Re: How much to charge for nanny services on New Year's Eve?

NYE? At least twice her current rate. Particularly if she is expected to present a resume, references, and FTF ahead of time.
by greg24
Tue Nov 14, 2017 1:45 pm
Forum: Investing - Theory, News & General
Topic: P/E ratio only 18??
Replies: 8
Views: 926

Re: P/E ratio only 18??

This has it at 25.68: http://www.multpl.com/

Shiller PE at 31.43: http://www.multpl.com/shiller-pe/
by greg24
Mon Nov 13, 2017 2:16 pm
Forum: Personal Finance (Not Investing)
Topic: Losing all of your savings.
Replies: 41
Views: 5898

Re: Losing all of your savings.

If you lost "all" of your savings, you weren't really investing, you were gambling. Not many investment vehicles go to zero.

We need more information to even begin to help answer your questions.

What were you invested in? How much had you invested? etc.
by greg24
Thu Nov 09, 2017 10:43 am
Forum: Personal Consumer Issues
Topic: Mold Discovered in Potential House Purchase
Replies: 27
Views: 2880

Re: Mold Discovered in Potential House Purchase

If you buy the house and end up fighting mold issues for years, you'll feel like a complete fool.
by greg24
Mon Nov 06, 2017 11:17 am
Forum: Personal Finance (Not Investing)
Topic: Why make more money?
Replies: 134
Views: 13248

Re: Why make more money?

The fear of the unknown.
by greg24
Thu Nov 02, 2017 10:14 am
Forum: Personal Consumer Issues
Topic: Do you Mow your own Lawn?
Replies: 90
Views: 3044

Re: Do you Mow your own Lawn?

I mow the lawn and clear snow. I do the simple stuff and outsource the hard stuff.
by greg24
Mon Oct 30, 2017 1:32 pm
Forum: Local Chapters and Bogleheads Community
Topic: To Avatar or Not - Get One? How did you choose?
Replies: 128
Views: 6692

Re: To Avatar or not to Avatar . . how did you choose or not choose?

Sandtrap wrote:
Sun Oct 29, 2017 6:25 pm
Actionably.
Does it help others with investment finance advice?
I think it adds to the visual continuity of a forum conversation. Better conversation helps readers receive better advice.
by greg24
Mon Oct 30, 2017 1:29 pm
Forum: Personal Consumer Issues
Topic: Someone spoofing my phone number?
Replies: 45
Views: 3502

Re: Someone spoofing my phone number?

Neighbor spoofing; here is an NPR Planet Money transcript:

http://www.npr.org/2017/07/31/540515367 ... -robocalls
by greg24
Sun Oct 29, 2017 5:38 pm
Forum: Investing - Theory, News & General
Topic: NYTs- "Why Bonds aren't Boring Right Now"- Bogle commentary
Replies: 11
Views: 2152

Re: NYTs- "Why Bonds aren't Boring Right Now"- Bogle commentary

http://www.multpl.com/shiller-pe/

urrent Shiller PE Ratio: 31.49 +0.25 (0.81%)
4:08 pm EDT, Fri Oct 27
Mean: 16.80
Median: 16.14
Min: 4.78 (Dec 1920)
Max: 44.19 (Dec 1999)

Image
by greg24
Thu Oct 19, 2017 2:02 pm
Forum: Personal Finance (Not Investing)
Topic: Finally a win for teachers!! [403(b) modified to add funds]
Replies: 33
Views: 2986

Re: Finally a win for teachers!!

The nice thing about our request to add Vanguard and Fidelity is that it is easy for the district to do so they are quick to accept that request. It makes them look like the good guy by accepting something. That is key and an easy win for both sides. It will benefit your fellow teachers more than t...
by greg24
Thu Oct 19, 2017 1:49 pm
Forum: Investing - Theory, News & General
Topic: Is a crash coming soon?
Replies: 64
Views: 5905

Re: Is a crash coming soon?

Maybe.
by greg24
Thu Oct 19, 2017 12:50 pm
Forum: Personal Consumer Issues
Topic: Wife New Car Recommendations - SUV
Replies: 55
Views: 5267

Re: Wife New Car Recommendations - SUV

soccerrules wrote:
Thu Oct 19, 2017 11:34 am
:D That's funny. My wife can't/won't drive a minivan.
Username does not check out.