Search found 3046 matches

by greg24
Wed Jun 20, 2018 2:04 pm
Forum: Investing - Theory, News & General
Topic: The Current Market
Replies: 22
Views: 1691

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: 1691

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: 1504

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: 129
Views: 7335

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: 6639
Views: 1435585

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: 2487

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: 3561

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: 37
Views: 4135

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: 1869

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: 13390

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: 3365

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: 4159

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: 1369

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: 1369

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: 2128

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: 784

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: 3794

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: 2820

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: 6547

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: 7507

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: 6697

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...
by greg24
Mon Jun 04, 2018 3:28 pm
Forum: Investing - Help with Personal Investments
Topic: Windfall advice for an overwhelmed person
Replies: 76
Views: 6027

Re: Is Bogleheads not right for me? Trying to generate monthly income before retirement

This is a great plan to lose the windfall.

The previous thread gave you great advice, and I suggest you follow it.
by greg24
Fri Jun 01, 2018 2:12 pm
Forum: Personal Consumer Issues
Topic: Advice for assisting 18 year old son after high school
Replies: 70
Views: 5246

Re: Advice for assisting 18 year old son after high school

Kind of weird seeing some of the harsh responses about $250 a month, considering many on this board plan on dropping $250,000 to let their kid go party at college.
by greg24
Fri Jun 01, 2018 9:52 am
Forum: Personal Finance (Not Investing)
Topic: Comparing jobs: bonus vs no bonus
Replies: 26
Views: 1633

Re: Comparing jobs: bonus vs no bonus

nimo956 wrote:
Fri Jun 01, 2018 12:59 am
Just from my own experience, I would discount the bonus. Assume you only get 75%-80% of the target.
I would use a number like 50%.
by greg24
Wed May 30, 2018 12:52 pm
Forum: Personal Consumer Issues
Topic: Fitting three young kids in the car...
Replies: 76
Views: 4949

Re: Fitting three young kids in the car...

kjvmartin wrote:
Wed May 30, 2018 12:41 pm
I think back to when I was a kid - seemed like everyone had 4+ kids and a sedan and still made it work.
It helped when a lot of people didn't even put on seat belts.

Fortunately, we've driven the automotive death rate down quite a bit by changing things.
by greg24
Fri May 25, 2018 4:13 pm
Forum: Personal Finance (Not Investing)
Topic: Career planning in IT/software development when over 40
Replies: 118
Views: 10661

Re: Career planning in IT/software development when over 40

How exactly do you show on-the-job experience with X when you haven't worked with X on the job? Find a way to use X in your current position. Perhaps this isn't an option if X is part of an entirely different technology stack, but then the hiring manager would be justified in questioning your chops...
by greg24
Thu May 24, 2018 3:15 pm
Forum: Personal Finance (Not Investing)
Topic: Career planning in IT/software development when over 40
Replies: 118
Views: 10661

Re: Career planning in IT/software development when over 40

In this thread we have the folks saying that its a dead end post 40 and be ready for the poor house. In the parallel "lucrative careers" thread you have guys trying to convince me that I'm doing something wrong because I cant command a 250k salary with a phone call. That just about sums it up! :sha...
by greg24
Thu May 24, 2018 1:36 pm
Forum: Personal Finance (Not Investing)
Topic: Late 20's small business owner looking for career change
Replies: 13
Views: 1123

Re: Late 20's small business owner looking for career change

The product was a passion at first, but now I hate it. --- I've realized that I love this even more. As boring as it sounds, I loved studying all the ETFs and funds available at Vanguard, Fidelity, and Charles Schwab. Building our IRA portfolios was a ton of fun, and I managed to diversify the enti...
by greg24
Thu May 24, 2018 1:31 pm
Forum: Personal Finance (Not Investing)
Topic: Am I crazy to pay off my 30-yr fixed 3.625 mortgage?
Replies: 129
Views: 13928

Re: Am I crazy to pay off my 30-yr fixed 3.625 mortgage?

If the house was paid off, would you be interested in taking out a 28-year mortgage at 3.625% in order to invest in the stock market?
by greg24
Mon May 21, 2018 4:26 pm
Forum: Personal Finance (Not Investing)
Topic: Career planning in IT/software development when over 40
Replies: 118
Views: 10661

Re: Career planning in IT/software development when over 40

I am actually saddened by all the organizations encouraging STEM majors and organizations like "girls who code". They are trying to sell something to kids that is essentially a dead end. FIRE (finance, insurance, real-estate) is the way to go. Financial engineering and knowing how to hedge for vari...
by greg24
Wed May 16, 2018 1:00 pm
Forum: Personal Finance (Not Investing)
Topic: Lucrative careers?
Replies: 318
Views: 24282

Re: Lucrative careers?

I guess we have our solution. The OP should get a bachelors degree in whatever they want, theater, music, etc.

Then, just get hired as a software engineer in Silicon Valley. Pretty soon, $300k.

Done and done.
by greg24
Wed May 16, 2018 12:45 pm
Forum: Personal Finance (Not Investing)
Topic: Why can't you rollover a retirement account into another one that you no longer work at?
Replies: 33
Views: 1870

Re: Why can't you rollover a retirement account into another one that you no longer work at?

I don't know what IRA accounts are or what a Roth IRA is so I'm hesitant to rollover Job A and Job B's accounts into Job A's IRA. Job A's retirement is through Empower Retirement and Job B is called Milliman. Because if I did that...could I then rollover an IRA into a traditional 401K with Job C if...
by greg24
Wed May 16, 2018 10:15 am
Forum: Investing - Help with Personal Investments
Topic: Friend says "Stock market will crash, invest in silver" - thoughts?
Replies: 127
Views: 8175

Re: Friend says "Stock market will crash, invest in silver" - thoughts?

Any respected macroeconomic expert should be advising you to put your life savings into bitcoin, not silver.
by greg24
Wed May 16, 2018 10:08 am
Forum: Personal Finance (Not Investing)
Topic: Lucrative careers?
Replies: 318
Views: 24282

Re: Lucrative careers?

Has anybody suggested becoming an NFL or NBA player? Or may be a rock star musician? How about becoming best paid Hollywood actor? How is it any different than throwing out $300K computer science engineer job suggestions for OP? Sometimes, this forum drops its collective intelligence very low. +999...
by greg24
Wed May 16, 2018 10:05 am
Forum: Personal Finance (Not Investing)
Topic: Preparing for future unbalanced income
Replies: 8
Views: 816

Re: Preparing for future unbalanced income

in the stock market alone I could at least generate a 25% return which I have been doing with personal savings for years. You need to reset your expectations. My best advice to you is to put as much as possible into your 401k/403bs. That is the easiest and most effective way for you to avoid taxati...
by greg24
Tue May 15, 2018 4:13 pm
Forum: Personal Finance (Not Investing)
Topic: Requesting to go part time - negotiating strategies
Replies: 41
Views: 4055

Re: Requesting to go part time - negotiating strategies

My wife had to give notice before they took PT seriously.

I think if you say you'll leave if denied, they're more likely to grant.

But I also understand that it would be risky.
by greg24
Tue May 15, 2018 10:09 am
Forum: Personal Finance (Not Investing)
Topic: Lucrative careers?
Replies: 318
Views: 24282

Re: Lucrative careers?

people who don't live in VHCOL areas will never understand that 100k is pretty much the low end of the spectrum. People who live in VHCOL areas will never understand that not everyone has to view the world through their lens. $100k is a lucrative career for most of the country. Then you have a thre...
by greg24
Mon May 14, 2018 3:00 pm
Forum: Personal Finance (Not Investing)
Topic: Lucrative careers?
Replies: 318
Views: 24282

Re: Lucrative careers?

OP is 26, thinking of going back to school for a degree. Math is his poorest subject, so CS and engineering seem like poor fits. Running a thread into hundreds of posts, arguing about elite coding jobs that "you'd better be making at least $300k by 35" is kind of missing the point. Can't you accrue ...
by greg24
Mon May 14, 2018 11:18 am
Forum: Personal Consumer Issues
Topic: keyless ignitions and carbon monoxide
Replies: 83
Views: 5053

Re: keyless ignitions and carbon monoxide

Roughly two people die per year from this issue.

In 2016, there were 37,461 motor vehicle deaths in the United States.
by greg24
Thu May 10, 2018 4:14 pm
Forum: Personal Finance (Not Investing)
Topic: yet another should I change jobs question
Replies: 12
Views: 1127

Re: yet another should I change jobs question

I wouldn't change anything just yet. Finishing your current race is probably easier than starting a new one. But I would: * Do whatever I can within my current position to learn new technologies * Start preparing myself for a possible future job search. Refresh resume, network, be active on LinkedIn...
by greg24
Thu May 10, 2018 2:26 pm
Forum: Personal Finance (Not Investing)
Topic: To Sell or Not to Sell
Replies: 15
Views: 1150

Re: To Sell or Not to Sell

I think the OP is too deep into the minutia of the numbers and is blinded to the overall situation. Selling now, incurring a ~$8000 transaction cost, in order to save $200 a month, is not a good idea. Paying the house off in 5 years, and complaining that it sets them behind in their dream to FIRE at...
by greg24
Wed May 09, 2018 3:48 pm
Forum: Personal Finance (Not Investing)
Topic: How to handle problem employee
Replies: 84
Views: 5779

Re: How to handle problem employee

"High performing" (self-diagnosed) new manager wants to fire 90% hardworking, experienced "problem employee" for some petty office stuff.

Gets some tough feedback, responds by deleting original post.
by greg24
Wed May 09, 2018 12:30 pm
Forum: Investing - Help with Personal Investments
Topic: Edward Jones to Index funds model
Replies: 18
Views: 2029

Re: Edward Jones to Index funds model

Many on this board would suggest Schwab or Fidelity, which have better customer service than Vanguard.
by greg24
Mon May 07, 2018 10:28 am
Forum: Personal Consumer Issues
Topic: New car for my wife
Replies: 25
Views: 2747

Re: New car for my wife

kbb.com values a 5 year old RX350 with 125k miles at ~$12,000.

That is using the lowest trim level and standard options.

In my view, $12k is not worthless.
by greg24
Mon May 07, 2018 9:13 am
Forum: Investing - Theory, News & General
Topic: Which brokerage has the lowest ER on SP500 index fund?
Replies: 29
Views: 1431

Re: Which brokerage has the lowest ER on SP500 index fund?

I agree that once you are down to a basis point or two, other factors are more meaningful. Tracking error, customer support, web site, etc.
by greg24
Mon May 07, 2018 9:10 am
Forum: Personal Consumer Issues
Topic: What do you pay baby sitters?
Replies: 53
Views: 5193

Re: What do you pay baby sitters?

$10/hour is reasonable, maybe more if a family friend. To eat pizza and play video games, it's easy money for them unless the kids are pests. Oh the sad and sexist view that a woman’s work is of course easy. Your post is the first one to refer to babysitting as "woman's work". Oh, the irony.
by greg24
Sat May 05, 2018 10:04 pm
Forum: Personal Finance (Not Investing)
Topic: Tips on Car mileage deduction
Replies: 14
Views: 1141

Re: Tips on Car mileage deduction

financial.freedom wrote:
Fri May 04, 2018 4:27 pm
I haven't started yet, but I believe most of the pay is W2 and some is 1099. There may also be an option for me to be part owner of one of the offices.
This certainly sounds like an uncommon situation. I wouldn't worry about mileage deductions till you get the job squared away.
by greg24
Sat May 05, 2018 10:02 pm
Forum: Personal Consumer Issues
Topic: What do you pay baby sitters?
Replies: 53
Views: 5193

Re: What do you pay baby sitters?

But also play it by ear as this is a relatively affluent area and some of the moms are probably used to paying more. If you are in a relatively affluent area, her best option may be to avoid talking about money. Don't bring it up, and if asked, be vague. Affluent moms seem to voluntarily pay more t...
by greg24
Fri May 04, 2018 2:25 pm
Forum: Personal Finance (Not Investing)
Topic: Tips on Car mileage deduction
Replies: 14
Views: 1141

Re: Tips on Car mileage deduction

Are you a W2 employee or a 1099 contractor?