Search found 616 matches

by Grogs
Tue May 12, 2020 8:11 am
Forum: Investing - Theory, News & General
Topic: Ally lowers APR on savings from 1.5% to 1.25%
Replies: 68
Views: 7911

Re: Ally lowers APR on savings from 1.5% to 1.25%

Surprised they didn't do this sooner. I knew they couldn't hold out at that rate much longer. When Ally sent their "warning" letter in March I moved most of my Ally funds to a 1.9% no-penalty CD. Everything else has been going to Fido. Yep, I'm surprised it took so long too. The day after the Fed a...
by Grogs
Sun May 10, 2020 8:45 am
Forum: Investing - Theory, News & General
Topic: The Goal based Asset Allocation Ratio (non-age based)
Replies: 35
Views: 1734

Re: The Goal based Asset Allocation Ratio (non-age based)

I wanted to share this with the forum as a new thread instead of posting as reply to another thread. I have in the past shared this as reply to AA questions, some have reached out to me through PM expressing their interest and learning more. I thought this merits a new post as it goes away complete...
by Grogs
Sun May 10, 2020 8:21 am
Forum: Investing - Theory, News & General
Topic: The Goal based Asset Allocation Ratio (non-age based)
Replies: 35
Views: 1734

Re: The Goal based Asset Allocation Ratio (non-age based)

A fundamental problem with the analysis in this thread is the OP and others have picked the wrong goal. The goal in this analysis is a wealth target at retirement. But what is required for retirement is reliable income throughout retirement. So what we have here is a solution for the wrong goal - w...
by Grogs
Sat May 09, 2020 2:11 pm
Forum: Personal Consumer Issues
Topic: What are you doing for haircuts due to coronavirus shutdown?
Replies: 254
Views: 20111

Re: What are you doing for haircuts due to coronavirus shutdown?

I have a set of battery-power clippers that I bought for grooming in 2018. I bought them when I was getting ready to travel to South Korea for 6 weeks because they were dual 110/220 voltage unlike my old ones. They're grooming size rather than the full-size clippers, but I've found they have plenty ...
by Grogs
Sat May 09, 2020 7:34 am
Forum: Personal Consumer Issues
Topic: Percentage of savings to "prepping"?
Replies: 132
Views: 8268

Re: Percentage of savings to "prepping"?

I guess I started "prepping" back in 2011 when we had a line of storms come through that knocked out power for about 4 days. I had plenty of food in the cupboard, but I quickly realized that there was no way to cook it. Oops. I ended up eating things like tuna fish and peanut butter sandwiches which...
by Grogs
Wed May 06, 2020 4:39 am
Forum: Personal Finance (Not Investing)
Topic: "Glide Path" for asset allocation
Replies: 26
Views: 1799

Re: "Glide Path" for asset allocation

Several of us here base our asset allocation (AA) on the size of our portfolio relative to annual expenses. For example, if you have $500k in the portfolio and estimate annual expenses to be $50k, you have 10X annual expenses. For me, I start with 80% stocks and lower that target by 1% for each yea...
by Grogs
Tue May 05, 2020 3:18 pm
Forum: Personal Finance (Not Investing)
Topic: "Glide Path" for asset allocation
Replies: 26
Views: 1799

Re: "Glide Path" for asset allocation

Several of us here base our asset allocation (AA) on the size of our portfolio relative to annual expenses. For example, if you have $500k in the portfolio and estimate annual expenses to be $50k, you have 10X annual expenses. For me, I start with 80% stocks and lower that target by 1% for each year...
by Grogs
Mon Apr 27, 2020 11:54 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 5688
Views: 485861

Re: U.S. stocks continue to soar!

I put in my monthly order for VTSAX in my taxable account today, so I expect today will be a big move to the upside. I've learned it's usually easier to put in the order before the markets open and "rip off the band-aid" rather than waiting. I would just automate it (I do with the other accounts), b...
by Grogs
Sat Apr 18, 2020 12:12 pm
Forum: Personal Finance (Not Investing)
Topic: Defining “living expenses” for emergency fund purposes
Replies: 24
Views: 1083

Re: Defining “living expenses” for emergency fund purposes

Hello…I am curious about the definition of “living expenses” you use when you think about your emergency fund and using it for an extended emergency. (Please, this question presumes you have an emergency fund…there are plenty of other threads about whether to have one and where to put it!) So for e...
by Grogs
Fri Apr 17, 2020 5:34 am
Forum: Investing - Theory, News & General
Topic: I am feeling forced to buy into this market
Replies: 55
Views: 6065

Re: I am feeling forced to buy into this market

Anyone else feel the same? I have $12,000 sitting in Roth holding fund after conversions/backdoor Roth, was planning to DCA vs Lump Sum given all the turmoil, every day I get further and further behind as market keeps rocketing up despite all the doom and gloom. Already up 7% since the conversion. ...
by Grogs
Thu Apr 16, 2020 11:15 am
Forum: Personal Finance (Not Investing)
Topic: Car Dealers not really wanting to make a deal
Replies: 226
Views: 31076

Re: Car Dealers not really wanting to make a deal

I don't know about prices, but it seems like every dealer around here is offering a lot of incentives on the financing/service side: 84-months interest free, no payments until 2021, we'll make your payments for 3 months, 200,000-mile extended warranty, free service for a year, etc.
by Grogs
Tue Apr 07, 2020 8:03 pm
Forum: Personal Finance (Not Investing)
Topic: How have Donor Advised Funds held up so far?
Replies: 26
Views: 1222

Re: How have Donor Advised Funds held up so far?

I put in about 4 years' worth of donations back in December because it's probably the last time I'll be able to itemize now that my mortgage is paid off. I invested 60/40 in TSM/TBM at Fidelity. I did one small grant in January, but then forgot to do more until March. Since the stocks were down so m...
by Grogs
Tue Apr 07, 2020 8:11 am
Forum: US Chapters
Topic: Bogleheads community discussion - Coronavirus
Replies: 1653
Views: 72377

Re: Bogleheads community discussion - Coronavirus

:?: How is it that they can report the exact number of Coronavirus deaths in the World and in the U.S., but for the flu there is such a wide range? There is no uncertainty in the coronavirus statistics? The statistics are known exactly? Anyone who dies and tests positive for the virus is counted as...
by Grogs
Wed Apr 01, 2020 6:37 am
Forum: US Chapters
Topic: [Archived] Bogleheads community discussion - Coronavirus
Replies: 4963
Views: 190818

Re: Bogleheads community discussion - Coronavirus

Ugly day yesterday. 24742 new cases and 912 new deaths in the United States. Some of that could be catchup from the low numbers on Sunday, but it would definitely seem to that we're not peaking yet. https://www.worldometers.info/coronavirus/country/us/ The IHME projection number has increased, presu...
by Grogs
Mon Mar 30, 2020 8:45 am
Forum: Personal Consumer Issues
Topic: Are you still going to the grocery store or using a delivery service? Which?
Replies: 279
Views: 21010

Re: Are you still going to the grocery store or using a delivery service? Which?

I just started using the pickup from Kroger's last week. I put in an order Thursday and picked it up this morning (Sunday). I could have had Saturday afternoon, but I preferred this time slot. The only thing I couldn't get was canned cat food. They offered to substitute the fish and chicken with so...
by Grogs
Sun Mar 29, 2020 9:03 am
Forum: Personal Consumer Issues
Topic: Are you still going to the grocery store or using a delivery service? Which?
Replies: 279
Views: 21010

Re: Are you still going to the grocery store or using a delivery service? Which?

I just started using the pickup from Kroger's last week. I put in an order Thursday and picked it up this morning (Sunday). I could have had Saturday afternoon, but I preferred this time slot. The only thing I couldn't get was canned cat food. They offered to substitute the fish and chicken with som...
by Grogs
Sat Mar 28, 2020 6:38 pm
Forum: Personal Consumer Issues
Topic: Coronavirus (Consumer Issues) How you are preparing?
Replies: 1590
Views: 128919

Re: Coronavirus (Consumer Issues) How you are preparing?

At least in our area, InstaCart is going on strike (or similar action) starting Monday, unless they get more safety equipment, etc. Orders placed several days ago for pickup tomorrow (Sunday) are still showing as scheduled, but after that, there are no times available. Now, if an underlying problem...
by Grogs
Fri Mar 27, 2020 6:38 am
Forum: Personal Consumer Issues
Topic: What is with the printer paper delivery times on Amazon?
Replies: 39
Views: 2315

Re: What is with the printer paper delivery times on Amazon?

Is delivery so important? Can't you go to a Staples, Walmart, Target or grocery store and get it yourself? Target shows it in stock at my local store and they offer curbside pickup. My wife has ordered things in the morning and picked them up in the afternoon. Drive up, call them and they bring it ...
by Grogs
Tue Mar 24, 2020 2:06 pm
Forum: US Chapters
Topic: [Archived] Bogleheads community discussion - Coronavirus
Replies: 4963
Views: 190818

Re: Bogleheads community discussion - Coronavirus

I saw an interesting bit on the news this morning from a presidential press conference. Deborah Birx said that on Saturday she noticed a mild fever so she got tested for Coronavirus. She got a negative result Saturday night, so she went back to work. I found it quite remarkable because: 1. She was q...
by Grogs
Sun Mar 22, 2020 3:17 pm
Forum: US Chapters
Topic: [Archived] Bogleheads community discussion - Coronavirus
Replies: 4963
Views: 190818

Re: Bogleheads community discussion - Coronavirus

Unfortunately, I think a lot of people are still in denial. I drove across town today via some back roads and made a point to look at businesses and churches @ 11 AM on a Sunday morning. Many churches were empty, but some looked like the parking lots were full. It really varied by denomination. I a...
by Grogs
Sun Mar 22, 2020 1:17 pm
Forum: US Chapters
Topic: [Archived] Bogleheads community discussion - Coronavirus
Replies: 4963
Views: 190818

Re: Bogleheads community discussion - Coronavirus

Reading through posts here has convinced me the USA is still in denial about what is so obviously going to happen over the next few weeks. The math is clear, the die is cast. That's why I am getting more and more confident the market has also underestimated it. Which means I think we will see signi...
by Grogs
Sat Mar 21, 2020 9:47 am
Forum: Personal Consumer Issues
Topic: PSA Census "origins" question
Replies: 31
Views: 1517

Re: PSA Census "origins" question

I got some sort of community and consumer spending survey from the Census Bureau back in December and it asked the same question. I put Irish based on my last name, but none of my relatives dating back to my great-grandparents in the 19th century were immigrants, so who knows. Probably a combination...
by Grogs
Fri Mar 20, 2020 9:20 pm
Forum: US Chapters
Topic: How Is Your Job Being Impacted By The Current Crisis?
Replies: 505
Views: 50766

Re: How Is Your Job Being Impacted By The Current Crisis?

I do research for a federal contractor. Over the past 2-3 years, we've gone from a culture where working from home a few days a week was the norm to it being highly discouraged or completely forbidden. As of Monday, we're now all encouraged to work from home as much as possible. I do mostly computer...
by Grogs
Wed Mar 18, 2020 11:37 am
Forum: Personal Consumer Issues
Topic: Coronavirus (Consumer Issues) How you are preparing?
Replies: 1590
Views: 128919

Re: Coronavirus (Consumer Issues) How you are preparing?

I have a new twist to add to the discussion - If you're home following all the self-isolation guidelines, what do you do regarding people who regularly come to do things like clean? I'm struggling with this. We can easily maintain a 6' distance. Options I'm debating are - one last cleaning, then co...
by Grogs
Wed Mar 18, 2020 11:32 am
Forum: Personal Consumer Issues
Topic: Coronavirus (Consumer Issues) How you are preparing?
Replies: 1590
Views: 128919

Re: Coronavirus (Consumer Issues) How you are preparing?

My personal opinion is that the next "hoarder run" is going to be on dog and cat food, so I've been stocking up on what I will need in that category. I just checked my Amazon subscribe and save and my dog food is unavailable :| They are probably good for a few weeks but it’s something I’ll have to ...
by Grogs
Mon Mar 16, 2020 5:26 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 18803
Views: 2629016

Re: U.S. stocks in free fall

BW1985 wrote:
Mon Mar 16, 2020 5:20 pm
mrwalken wrote:
Mon Mar 16, 2020 4:01 pm
I can't even imagine being anywhere near 100% stocks at a time like this.
Well I was 90/10, not anymore :(
Sort of a self-correcting problem. :D
by Grogs
Mon Mar 16, 2020 4:19 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 18803
Views: 2629016

Re: U.S. stocks in free fall

Most gyms in the US auto-bill, so the owners will probably do quite well in the short term. They'll keep collecting money, but costs will go down when nobody shows up. The employees on the other hand, probably not so much. What about new memberships and renewal of old memberships? I think most of t...
by Grogs
Mon Mar 16, 2020 3:03 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 18803
Views: 2629016

Re: U.S. stocks in free fall

Wow, that was a free fall.
by Grogs
Mon Mar 16, 2020 2:53 pm
Forum: Personal Consumer Issues
Topic: Are you still going to the gym ...
Replies: 210
Views: 12390

Re: Are you still going to the gym ...

I quit going to the gym a couple of weeks ago. It wasn't a hard decision. I've been debating quitting and switching to home workouts for a while now. This will give me a chance to evaluate how effective of a workout I can get at home, and how disciplined I will be with keeping up. Lots of other peop...
by Grogs
Mon Mar 16, 2020 2:42 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 18803
Views: 2629016

Re: U.S. stocks in free fall

Nor will it do much for those who have or are about to lose their paychecks entirely. Full shutdown on most of the service industries is going to result in a lot of people with any income at all. Switzerland went into full lockdown mode today and closed everything for a whole month (till April 19th...
by Grogs
Mon Mar 16, 2020 2:33 pm
Forum: Personal Consumer Issues
Topic: Coronavirus (Consumer Issues) How you are preparing?
Replies: 1590
Views: 128919

Re: Coronavirus (Consumer Issues) How you are preparing?

Stay away from the crowed stores like Costco during the day, maybe go to the 24hrs grocery stores late night when less crowed. At least here, our 24h grocery stores (including Walmart and Target) are going to start closing at 8 or 10 pm to allow for restocking and cleaning. Thanks, good to know. We...
by Grogs
Mon Mar 16, 2020 11:24 am
Forum: US Chapters
Topic: [Archived] Bogleheads community discussion - Coronavirus
Replies: 4963
Views: 190818

Re: Bogleheads community discussion - Coronavirus

What I don't understand, given that such a small percentage of those in China were officially infected, is why the virus won't just start to spread again as soon as they open things up. There wasn't enough infection to develop a herd immunity, so what stops the remaining people from just having it ...
by Grogs
Mon Mar 16, 2020 10:45 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 18803
Views: 2629016

Re: U.S. stocks in free fall

How do mutual funds such as VTSAX work in case of a level 3 halt? does the transaction need to be received before the halt in order the get the halt price? or is it the usual 4 PM ET cutoff? Also, am I the only one who thinks it's a great buying opportunity (almost -30% from peak)? the sentiment he...
by Grogs
Sat Mar 14, 2020 8:32 am
Forum: Personal Consumer Issues
Topic: Coronavirus (Consumer Issues) How you are preparing?
Replies: 1590
Views: 128919

Re: Coronavirus (Consumer Issues) How you are preparing?

I went by the Kroger to get some groceries this morning. I have at least 3 months of food (and TP!) in the house, so I was more focused on restocking some of my comfort foods while I could: chips, cookies, bananas, blueberries, coffee, V8, etc. Having those types of normal things instead of just bei...
by Grogs
Sat Mar 14, 2020 7:54 am
Forum: US Chapters
Topic: [Archived] Bogleheads community discussion - Coronavirus
Replies: 4963
Views: 190818

Re: Bogleheads community discussion - Coronavirus

Surgeon General just requested US hospitals cancel all elective procedures. My best friend will be devastated. She fell and suffered compression fractures in her back in August, and she's been in pain and stuck using a walker since then. It took until last month for the surgeon to finally agree tha...
by Grogs
Sat Mar 14, 2020 7:10 am
Forum: Personal Consumer Issues
Topic: Transitioning weightlifting from gym to home
Replies: 20
Views: 1232

Re: Transitioning weightlifting from gym to home

2) A gallon of water/milk is a great substitute for a 20lb dumbbell ! Back when I was young and broke, I used to use those 40-lb plastic containers of cat litter for curls, overhead presses, etc. They had a nice sturdy handle unlike my current stuff that comes in a bag. My friends used to rib me an...
by Grogs
Fri Mar 13, 2020 9:45 pm
Forum: US Chapters
Topic: [Archived] Bogleheads community discussion - Coronavirus
Replies: 4963
Views: 190818

Re: Bogleheads community discussion - Coronavirus

Public schools here closed today (Friday) to disinfect. Next week is Spring Break. They haven't made any official announcements yet, but I'm sure they will be closing schools after the break. The local university is also on Spring Break next week and they've announced all classes will be online for ...
by Grogs
Fri Mar 13, 2020 8:29 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 5688
Views: 485861

Re: U.S. stocks continue to soar!

It had not occurred to me that all the money spent on Las Vegas will be available elsewhere. Who benefits from that? Lowe’s? Maybe, but with increased job insecurity spending will go down overall. Those who have jobs will save more in the event they lose them. Those who get pink slips or unpaid lea...
by Grogs
Fri Mar 13, 2020 3:14 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 18803
Views: 2629016

Re: U.S. stocks in free fall

Wow, glad I didn't try to TLH today. :shock:
by Grogs
Thu Mar 12, 2020 3:59 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 18803
Views: 2629016

Re: U.S. stocks in free fall

Well, I was a 'bad' Boglehead today. I put in an order at around 6 AM to move about a quarter of the bond fund in my 401k into my three stock funds: an S&P 500 index, Russell 2000 index, and international index. I sat and stared at the order screen for a long time, then decided to pull the trigger. ...
by Grogs
Wed Mar 11, 2020 7:55 pm
Forum: Personal Investments
Topic: TLH: VTSAX -> VLCAX -> VTIAX -> ???
Replies: 31
Views: 1878

Re: TLH: VTSAX -> VLCAX -> VTIAX -> ???

I personally prefer to avoid VFIAX as I have S&P 500 funds in my employer sponsored retirement accounts and also in my Roth IRA at Vanguard (I think I forgot to list this one in my initial post). Ah, yeah, that's different: the IRS has made it clear that IRAs are subject to wash sale rules. Why wou...
by Grogs
Wed Mar 11, 2020 7:46 pm
Forum: Investing - Theory, News & General
Topic: Coronavirus and the market
Replies: 3949
Views: 296781

Re: Coronavirus and the market

Forester wrote:
Wed Mar 11, 2020 7:08 pm
At this rate US stocks could be down 40% by the end of March :beer
And by mid-May they'll be at zero. :sharebeer

If you're going to extrapolate, might as well go all the way. :D
by Grogs
Wed Mar 11, 2020 2:37 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 18803
Views: 2629016

Re: U.S. stocks in free fall

DOW joins Russell in bear territory Yeah it was just a matter of time. Spx next? We'll see. Weird move in bonds today. S&P500 already did (see my post above). It has now crossed below and then back above the threshold twice today. So does it 'count' as a bear market if it closes above 2,708.92, or ...
by Grogs
Wed Mar 11, 2020 2:32 pm
Forum: Investing - Theory, News & General
Topic: Vanguard First Quarter 2020 distribution schedule
Replies: 26
Views: 1629

Re: Vanguard First Quarter 2020 distribution schedule

It is definitely not helpful to folks doing tax loss harvesting to have "surprise" dividends. And why so early? The S&P 500 funds VFINX / VFIAX had a record date of 3/6. The ETF VOO went ex-div yesterday. Not what I would call a "quarterly" dividend. Dale Definitely not helpful. I just logged on an...
by Grogs
Sun Mar 08, 2020 1:35 pm
Forum: Investing - Theory, News & General
Topic: Coronavirus and the market
Replies: 3949
Views: 296781

Re: Coronavirus and the market

The Fed is rapidly running out of ammo. Even if you think they'll go negative, they can't go too negative. They can go as negative as they want. For example if fed rates are - 1 % then banks can lend at - 0.5% and profit (as seen in Denmark, one of the richest countries in the world) Let’s not forg...
by Grogs
Sun Mar 08, 2020 1:13 pm
Forum: Investing - Theory, News & General
Topic: Coronavirus and the market
Replies: 3949
Views: 296781

Re: Coronavirus and the market

Washington state is considering mandatory containment measures... Market open tomorrow will be interesting. I'm confident the Administration and Fed will put all the stops out to keep stock prices high though. I'm afraid that you're probably right. To borrow a metaphor, I feel like the Fed is playi...
by Grogs
Sun Mar 08, 2020 8:38 am
Forum: Investing - Theory, News & General
Topic: Glide path based on $ not time
Replies: 26
Views: 1858

Re: Glide path based on $ not time

I don't use an age-based allocation because I really didn't start investing seriously until I was nearly 40. I'm also hoping to retire before 60, but the date will (hopefully) depend on how long it takes my investments to get to where I want them to be. What I finally settled one was: Stock% = 80 - ...
by Grogs
Fri Mar 06, 2020 7:22 pm
Forum: US Chapters
Topic: [Archived] Bogleheads community discussion - Coronavirus
Replies: 4963
Views: 190818

Re: Coronavirus and the market

There is a distinct possibility that the reaction to the coronavirus will top Y2K preparation as the biggest over-reaction to a perceived threat in modern history. I could be wrong. But it's possible. This. . . I was in the consulting industry then and NONE of us were worried about it causing any s...
by Grogs
Mon Mar 02, 2020 8:40 pm
Forum: Investing - Theory, News & General
Topic: Okay, now when you do buy back in?
Replies: 230
Views: 21561

Re: Okay, now when you do buy back in?

Seems too soon for anyone who sold last week to be thinking about buying back in, doesnt it? They clearly saw something to pull money out. I have a hard time believing they did this strictly for a few business days. I bought VTI last week in taxable. No sales. One of the "I've gone to 100% cash" po...
by Grogs
Mon Mar 02, 2020 6:03 am
Forum: Personal Investments
Topic: Markets In Turmoil - Boring Responses
Replies: 65
Views: 5662

Re: Markets In Turmoil - Boring Responses

I invested money into VTSAX on Tuesday when my paycheck hit the account. On Wednesday and Thursday my 401k and HSA investments were automatically processed. On Friday I did a TLH in my taxable account. Next month I'll do the same contributions, and I'll TLH again if I see another opportunity.