Search found 315 matches
- Fri Sep 10, 2021 4:00 pm
- Forum: Personal Finance (Not Investing)
- Topic: Schwab Pinnacle Status
- Replies: 120
- Views: 19244
Re: Schwab Pinnacle Status
Ok Googling got me this: https://www.pinnaclewealthmanagementri.com/charles-schwab/pinnacle-wealth-management-relationship/ "Our Relationship with Charles Schwab We deal with Schwab behind the scenes so our clients do not have to." Again, this may be something different. I just want some fees waived. I’m not looking for wealth management. Pinnacle is an asset level of $1 million or greater and Chairman’s circle is $10 million or greater. They are not the same as having an advised fee based service. This is not an advised service nor a fee-based asset management service. Sounds like people are confusing this with their asset management services which can be Schwab private client based or outside advisors such as pinnacle wealth ma...
- Sun Feb 07, 2021 4:53 pm
- Forum: Investing - Theory, News & General
- Topic: Retirees: How typical am I?
- Replies: 82
- Views: 8800
Re: Retirees: How typical am I?
I have not been typical in retirement. I have been retired 22 years, living off of Social Security and investments only. I know exactly how much I have taken out each year....an average of 4.35% annual withdrawal. (As an engineer and manufacturing manager, numbers were always important so carrying on into personal savings, investments and spending was simple.) My investment stock allocation started at 56% at retirement in 1998, but my average stock allocation for the last 17 years was 25% to 30%. My investment balance today is 53% higher than 22 years ago. 22 years is a significant amount of time. Checking with on-line inflation calculator inflation since 1999 is 55.3%. Ah inflation, the biggest hidden wealth destructor we all face and for...
- Sat Feb 06, 2021 2:30 pm
- Forum: Investing - Theory, News & General
- Topic: Retirees: How typical am I?
- Replies: 82
- Views: 8800
Re: Retirees: How typical am I?
I have not been typical in retirement. I have been retired 22 years, living off of Social Security and investments only. I know exactly how much I have taken out each year....an average of 4.35% annual withdrawal. (As an engineer and manufacturing manager, numbers were always important so carrying on into personal savings, investments and spending was simple.) My investment stock allocation started at 56% at retirement in 1998, but my average stock allocation for the last 17 years was 25% to 30%. My investment balance today is 53% higher than 22 years ago. That to me seems like a well constructed portfolio considering the above 4% average withdrawal rate, going through two severe bear martkets, as well as increasing the portfolio 53% to bo...
- Mon Jan 11, 2021 6:06 pm
- Forum: Personal Finance (Not Investing)
- Topic: Letter From the IRS
- Replies: 20
- Views: 2637
Re: Letter From the IRS
You could sign up for an online account with the IRS. You will see your account with all the debits and credits for the year. The $3,300 will show and the remaining owed will be the interest and penalty on the $3,300. Pay the difference and everything should be fine. Going to check that suggestion out. Thanks! I have Google Fi (and two Google Voice numbers, separately from the Fi service), TracFone, and T-mobile Prepaid... and couldn't create an IRS account using any of those. So it was the USmail process for me and I'm still waiting. But it then says I'll need a US-based phone once I get my verification code via email, so I'm not sure if any of my phones will work for that, either. Same happened to me, IRS didn't recognize my cellphone nu...
- Mon Jan 11, 2021 3:23 pm
- Forum: Personal Finance (Not Investing)
- Topic: Letter From the IRS
- Replies: 20
- Views: 2637
Re: Letter From the IRS
You could sign up for an online account with the IRS. You will see your account with all the debits and credits for the year. The $3,300 will show and the remaining owed will be the interest and penalty on the $3,300. Pay the difference and everything should be fine.
- Sat Dec 26, 2020 2:13 pm
- Forum: Investing - Theory, News & General
- Topic: How many years of expenses to keep in safe assets?
- Replies: 102
- Views: 14707
Re: How many years of expenses to keep in safe assets?
I used to use a traditional set percentage stock/bond strategy, but as my net worth has grown as well as the shorter lifespan each day, I moved to a rising glide path method.
I currently am moving to the LMP method of putting aside a set dollar amount based on yearly living expenses times number of years. It's still a work in process and haven't set the number of years in stone yet.
With interest rates so low and a total market dividend yield higher than treasury rates, I'm having a hard time leaving millions of dollars sitting in bonds losing inflation adjusted value just for an imaginary safety.
I currently am moving to the LMP method of putting aside a set dollar amount based on yearly living expenses times number of years. It's still a work in process and haven't set the number of years in stone yet.
With interest rates so low and a total market dividend yield higher than treasury rates, I'm having a hard time leaving millions of dollars sitting in bonds losing inflation adjusted value just for an imaginary safety.
- Fri Dec 04, 2020 12:32 am
- Forum: Investing - Theory, News & General
- Topic: Warren Buffett: "Don’t Invest This Way"
- Replies: 38
- Views: 5345
Re: Warren Buffett: "Don’t Invest This Way"
WB is that the guy that just bought a ton of Pfizer stock. I question the ethics behind buying a company that will be supplying a vaccine during a pandemic. It is a genius business move, but based off the stats we have been seeing it seems like he is essentially preying upon an aging and/or vulnerable segment of the population. Pfizer didn't need WB's money to make a vaccine. I previously always respected and enjoyed him as a speaker but all respect is out the door for the guy. I pray at 90 years old I don't try to make money off my fellow human beings in a pandemic. He is not the most revered investor in the world because he's a nice guy. He's a cold-blooded business man with a hokey exterior. This month's Bogleheads podcast touches on ju...
- Fri Nov 20, 2020 8:24 pm
- Forum: Investing - Theory, News & General
- Topic: How to control spending if you only live off of dividends but dividends are uneven?
- Replies: 43
- Views: 3506
Re: How to control spending if you only live off of dividends but dividends are uneven?
I have a set fixed amount I draw out every month. If you look at last years distributions you will get a good handle on what each quarters payout will be for this year. Then as described above keep a little float in the mm sweep account if need be for the lean quarters.
I have been doing this for the last 17 years and haven't sold a share yet because of need. All unused distributions get reinvested for future cashflow and capital appreciation. Dividends each year usually goes up faster than the increase in next years draw.
- Mon Nov 16, 2020 1:55 pm
- Forum: Personal Investments
- Topic: How many years in fixed income if I won the game with 62x yearly expenses
- Replies: 56
- Views: 8341
Re: How many years in fixed income if I won the game with 62x yearly expenses
Don't think you need advice, you are doing a great job on your own.
Now go out a get that Ferrari 458 convertible you always wanted.
Now go out a get that Ferrari 458 convertible you always wanted.
- Wed Nov 11, 2020 11:45 pm
- Forum: US Chapters
- Topic: Post your Financial Milestone Announcements Here
- Replies: 3621
- Views: 569004
Re: So excited about reaching personal milestone and no one that I can tell.
Great job!
Congratulations.
Congratulations.
- Tue Nov 03, 2020 10:22 pm
- Forum: Personal Finance (Not Investing)
- Topic: Overstretched and under contract for 1.3M house.. should I back out?
- Replies: 79
- Views: 13097
Re: Overstretched and under contract for 1.3M house.. should I back out?
You can afford the house, especially with your liquid net worth. To me owning my own house carries a considerable amount of personal satisfaction.
Seattle real estate has in the past been a very good investment and will probable continue to do so even with the bad rap on the national news recently.
In ten years the house will probably be worth 1.7 to 1.9 million.
Seattle real estate has in the past been a very good investment and will probable continue to do so even with the bad rap on the national news recently.
In ten years the house will probably be worth 1.7 to 1.9 million.
- Sat Oct 31, 2020 1:49 pm
- Forum: Personal Consumer Issues
- Topic: Honda CRV, Toyota Rav4 or Subaru Forrester
- Replies: 48
- Views: 5006
Re: Honda CRV, Toyota Rav4 or Subaru Forrester
Thanks everyone for the all the helpful replies, it looks like all three are good choices.
As suggested she is just gonna have to spend a day and test drive all three, after all it is her that will have to drive the vehicle everyday not me.
As suggested she is just gonna have to spend a day and test drive all three, after all it is her that will have to drive the vehicle everyday not me.
- Fri Oct 30, 2020 3:46 pm
- Forum: Personal Consumer Issues
- Topic: Honda CRV, Toyota Rav4 or Subaru Forrester
- Replies: 48
- Views: 5006
Re: Honda CRV, Toyota Rav4 or Subaru Forrester
Thanks for all the input so far. I like the Toyota's conventional 8 speed transmission rather than the CVT transmission, my thought is that the Rav4's transmission might last longer but I don't have any knowledge of that.
She drives alot for business, like 30k a year.
She drives alot for business, like 30k a year.
- Fri Oct 30, 2020 2:17 pm
- Forum: Personal Consumer Issues
- Topic: Honda CRV, Toyota Rav4 or Subaru Forrester
- Replies: 48
- Views: 5006
Re: Honda CRV, Toyota Rav4 or Subaru Forrester
I strongly recommend you go test drive them all. 2 years ago, my mom (early 80's) was looking to buy a Subaru and "from the internet" was sure she wanted a Forester. I met her at the dealer and she had already ruled out the Forester. To her, it felt too big. We checked out a Crosstrek (what I would have thought she'd choose) and a Legacy. She bought a Legacy premium, disliking the "start" button and extra tech in the limited. I could link a video showing a new Crosstrek Sport getting up a steep, rocky hill and a CR-V hopelessly spinning only the front wheels, but if you don't drive in snow or off road, you wouldn't likely care. Ah, here it is: https://www.youtube.com/watch?v=KL7tFtfFVEw&feature=emb_logo&ab_chann...
- Fri Oct 30, 2020 1:30 pm
- Forum: Personal Consumer Issues
- Topic: Honda CRV, Toyota Rav4 or Subaru Forrester
- Replies: 48
- Views: 5006
Honda CRV, Toyota Rav4 or Subaru Forrester
Out of the above 3 choices, which car do you people prefer or have experiences with both good and bad, I have little experience with any of them other than YouTube videos.
It would be a daily driver for a middle aged woman.
It would be a daily driver for a middle aged woman.
- Thu Sep 24, 2020 1:38 pm
- Forum: Personal Consumer Issues
- Topic: Defective asphalt driveway, best course of action?
- Replies: 8
- Views: 841
Re: Defective asphalt driveway, best course of action?
Without seeing the project, it looks like you got a bad patch of asphalt from the plant, or the contractor didn't adequately compact the mix.
Once cool it doesn't get better with age or cure like concrete. In road construction you can run on it on that same day.
How thick did he lay it?
Once cool it doesn't get better with age or cure like concrete. In road construction you can run on it on that same day.
How thick did he lay it?
- Mon Sep 21, 2020 3:01 pm
- Forum: Investing - Theory, News & General
- Topic: U.S. stocks in free fall
- Replies: 36221
- Views: 4684853
Re: U.S. stocks in free fall
Watched QQQ for months and dediced to buy some end of last week. I wouldn't be surprised if we get a 2nd dotcom crash at this point. Market is always tryining to make me suffer. Good to know. If technology goes down 80% - you'll be banned from Bogleheads. :mrgreen: Stef capitulated out of small-value before making this trade, so there is a hedge out there for those Stef-contrarians. That is too harsh. I didn't actually capitulate out of SCV. I just stopped believing in the premium after reading the newest Fama French paper from January 2020. I didn't really sink in till the corona crash. This is different now. I'm not really betting on tech to outperform (eventhough I believe it will be the case for the next 2 decades), I'm just adjusting ...
- Fri Sep 18, 2020 12:14 am
- Forum: Investing - Theory, News & General
- Topic: any lessons to remember from dot com bubble?
- Replies: 21
- Views: 2631
Re: any lessons to remember from dot com bubble?
Don't get greedy on high multiple small cap tech stocks, if you hold on too long you might lose all your gains and then some.
Especially the ones that don't have and E in the P/E.
Especially the ones that don't have and E in the P/E.
- Tue Sep 15, 2020 2:21 pm
- Forum: Personal Investments
- Topic: Struggling Over whether to Sell my Tesla Stock
- Replies: 74
- Views: 7895
Re: Struggling Over whether to Sell my Tesla Stock
I sold my shares a week or two ago, got a quick double in a couple of months work.
My original plan was to hold for ten years or so and see where this goes, but it just went crazy and the stock chart went vertical.
I still believe in the company's long term potential but one can pay too much for anything.
Hoping for a substantial correction to buy back in. I'm gonna get a bad case of FOMO if it doesn't pull back in.
My original plan was to hold for ten years or so and see where this goes, but it just went crazy and the stock chart went vertical.
I still believe in the company's long term potential but one can pay too much for anything.
Hoping for a substantial correction to buy back in. I'm gonna get a bad case of FOMO if it doesn't pull back in.
- Tue Sep 15, 2020 12:12 am
- Forum: Personal Investments
- Topic: Anyone successfully living off dividends & interest?
- Replies: 204
- Views: 27298
Re: Anyone successfully living off dividends & interest?
Very few doctors meet this criterion. (I'm a doctor.) Engineers' (stretch) goal is $5MM and $10MM for doctors. There are two things in favor of medical doctors, higher earnings and (far) more secure employment prospect. Another factor: experience, aka age, also counts favorably for doctors. The two big hurdles for physicians are huge student loans and the potentially strong motivation to live the very expensive 'doctor's lifestyle'. Many won't reach a zero net worth until they're in their mid 30s, some even later. They also start earning good money around 30-32. So have fewer years for compounding.... I’d be interested to know what proportion of engineers get to $5M. I won’t, and I make very good money. I just won’t bother working long eno...
- Fri Sep 11, 2020 2:27 pm
- Forum: Investing - Theory, News & General
- Topic: U.S. stocks in free fall
- Replies: 36221
- Views: 4684853
Re: U.S. stocks in free fall
At least the market is broadening out of tech, making the overall market fall less.
The tech momentum people are having to make some hard decisions; buy, sell, or hold.
The tech momentum people are having to make some hard decisions; buy, sell, or hold.
- Sat Sep 05, 2020 10:48 pm
- Forum: Personal Investments
- Topic: Wife is "forcing" me to buy stock(s)
- Replies: 112
- Views: 11347
Re: Wife is "forcing" me to buy stock(s)
I'm biased but Ferrari (RACE} has done really well since it went public. Overlay the performance with the SP 500 since inception.
- Fri Sep 04, 2020 11:42 am
- Forum: Investing - Theory, News & General
- Topic: U.S. stocks in free fall
- Replies: 36221
- Views: 4684853
Re: U.S. stocks in free fall
This technology bubble was kind of easy to see, felt like a mini 1999. Better it happen now, then let it get too big and really mess up future returns. Think of the lost decade after 1999. Easy to say? Like 1999? Please share your insight on how you came to this conclusion. Just my opinion but, too many people talking about how much money they were making in the stock market on a daily basis, investors day trading based on upward price momentum only, one electric vehicle company had a market cap bigger than Ford and they haven't even produced one car yet people using leverage to buy stocks, breadth of the market was terrible, etc. Bottom line is the market is the market and it will do what it does, bubble might be tad much, but I think tec...
- Fri Sep 04, 2020 10:47 am
- Forum: Investing - Theory, News & General
- Topic: U.S. stocks in free fall
- Replies: 36221
- Views: 4684853
Re: U.S. stocks in free fall
This technology bubble was kind of easy to see, felt like a mini 1999.
Better it happen now, then let it get too big and really mess up future returns. Think of the lost decade after 1999.
Better it happen now, then let it get too big and really mess up future returns. Think of the lost decade after 1999.
- Fri Sep 04, 2020 1:54 am
- Forum: Personal Consumer Issues
- Topic: To Join a Gym or Not After 70? Type of Gym? Are Fitness Goals Achievable?
- Replies: 70
- Views: 5667
Re: To Join a Gym or Not After 70? Type of Gym? Are Fitness Goals Achievable?
When I was training Brazilian jiujitsu a young man complemented me by saying, "You're strong".
I said, "For my size?'
He said, "For any size."
Old man muscle rules.
I said, "For my size?'
He said, "For any size."
Old man muscle rules.
- Fri Sep 04, 2020 1:47 am
- Forum: Investing - Theory, News & General
- Topic: U.S. stocks in free fall
- Replies: 36221
- Views: 4684853
Re: U.S. stocks in free fall
It was much needed, hope it falls fast and hard, flush out all the easy money day traders.
- Wed Sep 02, 2020 12:47 pm
- Forum: Investing - Theory, News & General
- Topic: Ark Funds
- Replies: 198
- Views: 33847
Re: Ark Funds
They are probably gonna fall victim to the dreaded asset bloat.
The hot hand attracts a boatload of new money, and the fund needs to deploy leading to future underperformance.
The hot hand attracts a boatload of new money, and the fund needs to deploy leading to future underperformance.
- Fri Jul 31, 2020 3:10 pm
- Forum: Investing - Theory, News & General
- Topic: What would it take to cause a QQQ Collapse?
- Replies: 85
- Views: 10321
Re: What would it take to cause a QQQ Collapse?
Nothing, Pepsi will hold it up.
- Fri Jul 31, 2020 3:03 pm
- Forum: Investing - Theory, News & General
- Topic: Tesla becomes most valuable car company in the world
- Replies: 396
- Views: 44387
Re: Tesla becomes most valuable car company in the world
This is a chart from a Twitter account that is KNOWN to bait TSLA bears and ply them with false or misleading information. Saw on Fox business channel this morning that Tesla's 2nd quarter good performance was not because of increased sales but on reduced expense as the chart shows. The main reason for their lower 2nd quarter reduced expenses was largely due to it stopping rent payments on their pricey showrooms. Google "tesla not paying rent" Example: "Tesla pays half of $700K-a-month showroom rent during coronavirus pandemic" https://www.foxbusiness.com/markets/tesla-coronavirus-pays-half-700k-month-rent. That's $700,000 on just one showroom. They needed 4 quarters of positive earnings to quality for the S&P 500. ...
- Wed Jul 15, 2020 2:39 pm
- Forum: Investing - Theory, News & General
- Topic: U.S. stocks continue to soar!
- Replies: 22381
- Views: 2139645
Re: U.S. stocks continue to soar!
Glad to see the market broaden to besides a handful of mega tech stocks.
- Wed Jul 15, 2020 2:09 pm
- Forum: Personal Finance (Not Investing)
- Topic: Tesla Model 3/Tesla financial performance
- Replies: 58
- Views: 5169
Re: Tesla Model 3/Tesla financial performance
When we see chargers built in carports and garages of apartment complexes, I know EV and Tesla is on it's way.
- Mon Jul 13, 2020 1:24 pm
- Forum: Investing - Theory, News & General
- Topic: Tesla becomes most valuable car company in the world
- Replies: 396
- Views: 44387
Re: Tesla becomes most valuable car company in the world
If they can hit on all cylinders, and their comparative advantages are real, not unreasonable and more.hagridshut wrote: ↑Mon Jul 13, 2020 1:07 pm With so much room to grow in a world that is shifting away from fossil fuels and towards electricity generated by non-combustion sources, I think it is possible, though not guaranteed, that Tesla grows from a 300B company today, into a 1.5+ Trillion company like Amazon or Apple.
- Fri Jul 03, 2020 1:03 pm
- Forum: Investing - Theory, News & General
- Topic: Tesla becomes most valuable car company in the world
- Replies: 396
- Views: 44387
Re: Tesla becomes most valuable car company in the world
I drank the KoolAid I bought the stock right after he launched his rocket into space. It is the first individual stock I have bought since the 1999 tech bubble, and switched all my holdings to index funds investing.
Bought just enough to make to interesting if it 10x's in 10 years.
Bought just enough to make to interesting if it 10x's in 10 years.
- Tue Jun 30, 2020 11:44 am
- Forum: Personal Investments
- Topic: Rental properties: best-performing asset class in 2020?
- Replies: 55
- Views: 3225
Re: Rental properties: best-performing asset class in 2020?
Some of the wealthiest people I know made their fortune off of real estate. Most of them started small with single family real estate, then as they learned the business, moved to commercial real estate.
They did this starting with basically nothing and built their holdings, in a relatively short time frame, ie. 20-25 years.
As much as I like the ease and benefits of index fund investing, as far as wealth building goes, IMHO it does not come close to the wealth building power of real estate. As the OP stated it is because of the huge leverage most people use.
They did this starting with basically nothing and built their holdings, in a relatively short time frame, ie. 20-25 years.
As much as I like the ease and benefits of index fund investing, as far as wealth building goes, IMHO it does not come close to the wealth building power of real estate. As the OP stated it is because of the huge leverage most people use.
- Fri Jun 19, 2020 1:21 pm
- Forum: Personal Finance (Not Investing)
- Topic: Job burnout - Keep grinding or change?
- Replies: 78
- Views: 13617
Re: Job burnout - Keep grinding or change?
The key as everyone has already stated is that you need to lower the anxiety and stress.
One method I don't think anyone has mentioned is meditation, it helped me in numerous ways.
If you try this it will take awhile so don't give up thinking that it doesn't work, start small and build up the time and stay consistent.
One method I don't think anyone has mentioned is meditation, it helped me in numerous ways.
If you try this it will take awhile so don't give up thinking that it doesn't work, start small and build up the time and stay consistent.
- Tue Jun 16, 2020 4:29 pm
- Forum: Personal Consumer Issues
- Topic: Best watch for $5,000+
- Replies: 166
- Views: 22890
Re: Best watch for $5,000+
Rumor has it the Rolex Hulk is going to be discontinued in 2021, when I heard this i was tempted to buy one while they had some at Bob's Watches but I didn't because I don't like spending discretionary monies while in a down market.
I guess down the road if I want one, I will just have to pay up for one.
I guess down the road if I want one, I will just have to pay up for one.
- Thu Jun 11, 2020 12:25 pm
- Forum: Personal Consumer Issues
- Topic: Car Condos
- Replies: 9
- Views: 885
Re: Car Condos
I called on one near me last year. They were completely sold out, in good times there seems to be good demand.
- Wed Jun 10, 2020 1:38 pm
- Forum: Investing - Theory, News & General
- Topic: Market Bubble
- Replies: 39
- Views: 2789
Re: Market Bubble
Not really liking the divergence with the Nasdaq from the rest of the market.
- Wed Jun 10, 2020 1:32 pm
- Forum: Personal Consumer Issues
- Topic: What fun car should I get in the $150k - $200k range?
- Replies: 499
- Views: 41431
Re: What fun car should I get in the $150k - $200k range?
Jumping in late, but in the range you are looking at, my taste would be Porsche 991 turbo s, Porsche 991 gt3 rs, Porsche 991.2 gt3, Ferrari 458, Ferrari 488. Strictly on the doubletake factor, good and bad, the Ferrari 458 is hard to beat. You just don't see very many of them where I live. The sound of a N/A Ferrari at 9000 rpm is a thrill. Styling is subjective but I think of the Pinnifarina designed Ferraris as art. Make sure you get a Ferrari powertrain warranty if you go that route, if you have a catastrophic failure it will really ruin your experience. One good thing is the 458 is getting really close to the bottom of the depreciation curve and will with time slowly go up in price as long as you keep the mileage down. One of my daily d...
- Fri May 22, 2020 2:20 pm
- Forum: Investing - Theory, News & General
- Topic: S&P500 vs World Performance
- Replies: 236
- Views: 24760
Re: S&P500 vs World Performance
Maybe the developed countries on the other side of the pond, though evolution of their societies have lost their competitive advantage. I remember when I needed a camshaft after a catastrophic failure :dollar in my Rossa Corsa Italian sports car, the dealer said he couldn't get one because Italy shuts down for basically one month in the summer and nothing gets done. That doesn't sound like a strategy that competes well against more developing countries in the longterm. Secondly, I remember in another post when this subject periodically comes up, a poster suggested that the x-us funds, since they are not single country funds get clobbered each year because there is always one country's problem that brings the rest of them down. I thought tha...
- Wed May 20, 2020 4:03 am
- Forum: Investing - Theory, News & General
- Topic: S&P500 vs World Performance
- Replies: 236
- Views: 24760
Re: S&P500 vs World Performance
Hard to dispute this fact. I myself am becoming impatient with international, how long does one have to wait with emerging markets to see a risk premium to show up? I like everyone else is on a limited time schedule.SethJane42 wrote: ↑Sun May 17, 2020 8:17 amI only have so much time on earth left. I'll stick with the overwhelming winner, the S&P 500 Index fund, until it's not the winner. Diversification is good to a point. One must never lose one's critical thinking skills over a dogmatic rule.Triple digit golfer wrote: ↑Sun May 17, 2020 7:21 amYes it does, because diversification will remain but the outperformance may not.
- Mon May 18, 2020 2:52 am
- Forum: Investing - Theory, News & General
- Topic: Dividend vs Total Return question
- Replies: 66
- Views: 3683
Re: Dividend vs Total Return question
Dividends come out ahead. Volatility matters. If the dividends aren’t cut during the downturn, you can simply ignore it. So the dividend investor spent only his dividends. If there is a serious downturn of, lets pretend 50%, the capital appreciation investor is now burning through his money at double the rate. [/quote That's the way I think, for the dividend investor the stock price went down by only the book value of the dividend distribution. In a bear market, the market puts a lower value for a company's BtM valuation temporarily (goodwill in the private sector). Total return investor sells shares to pay bills at the lower temporary valuation, permanently reducing shares at a 50% discount. Crisis is over, BtM goes back up to previous va...
- Sun May 10, 2020 3:04 pm
- Forum: Personal Consumer Issues
- Topic: BJJ -martial art
- Replies: 58
- Views: 4454
Re: BJJ -martial art
Great martial art, basically ne waza from judo but refined and advanced though evolution. It was the one martial art that I trained where I thought it would be extremely effective in a real self defense situation. The main reason is that when you spar(roll), unless you specify you want to roll light, the students are training at nearly full capacity. If you get caught you have limited choices; you tap, go to sleep, or something snaps. The energy expended in a 90 minute session is very high if you are not sandbagging. I heard upwards of 1000 calories, I know when I trained my undershirt and Gi were sopping wet. Definitely a total body workout especially the abs fighting from the guard. I started back in 1999, but never stuck with it, take a ...
- Tue May 05, 2020 6:21 pm
- Forum: Investing - Theory, News & General
- Topic: Who is your all time favorite investor and why?
- Replies: 52
- Views: 3625
Re: Who is your all time favorite investor and why?
Mr. Bogle for sure, he changed the whole investing landscape with the index fund revolution, gave the common man a fighting chance against the big boys.
Major cause of the stockbroker industry collapse, no more cold calling the customer rolodex list with the hot stock of the month. Two percent on the buy and two percent on the sell. Those were the days.
Major cause of the stockbroker industry collapse, no more cold calling the customer rolodex list with the hot stock of the month. Two percent on the buy and two percent on the sell. Those were the days.
- Mon Apr 27, 2020 7:52 pm
- Forum: Investing - Theory, News & General
- Topic: ??? Thomas Stanley - Stop Acting Rich book
- Replies: 121
- Views: 15325
Re: ??? @Thomas Stanley - Stop Acting Rich book
I come from the road construction heavy equipment field, but I bet some of those green John Deere tractors run at least a half a million a piece with accessories.
All you need are a couple of those with the value of the real estate and viola, instant multimillionaire.
All you need are a couple of those with the value of the real estate and viola, instant multimillionaire.
- Sun Apr 19, 2020 2:52 pm
- Forum: Investing - Theory, News & General
- Topic: Munger/Buffett on riding out the storm
- Replies: 76
- Views: 12158
Re: Munger/Buffett on riding out the storm
Buffett and Munger did ride their boat into two of the biggest waves in the typhoon, airlines and oil industry, they could be still shaking off the concussion.
- Thu Apr 16, 2020 10:57 pm
- Forum: Investing - Theory, News & General
- Topic: Head Fakes and Dead Cats .. your thoughts on the rally?
- Replies: 386
- Views: 38296
Re: Head Fakes and Dead Cats .. your thoughts on the rally?
Reminds me of where I live it rains a lot and some of the local rivers rise and go over the banks and floods local houses. They keep calling them 100 year floods. Well we sure are getting an awful lot of 100 year floods.dmcmahon wrote: ↑Thu Apr 16, 2020 6:45 pm
I don't even consider 10-20% drops unusual. I yawned through the late-2018 drop of 20%. But 50% drops get my attention, and frankly that is what this one was poised to do, or worse. Only the Fed's actions staved it off. Recession? Try a depression. What's sad is that we've now been put through three 50% drops in just 2 decades (I'll count this one, even though it "only" dropped 35%). Age of uncertainty.
- Thu Apr 16, 2020 2:04 pm
- Forum: Investing - Theory, News & General
- Topic: QQQ as a core holding
- Replies: 23
- Views: 3989
QQQ as a core holding
I know I'm looking through the rearview mirror, however the recent and long-term outperformance of this index is compelling. I'm not talking a lot but maybe a 10% equity allocation.
Does anyone use the QQQ's as a core long-term holding in their portfolio. Any thoughts?
Does anyone use the QQQ's as a core long-term holding in their portfolio. Any thoughts?
- Wed Apr 15, 2020 6:17 pm
- Forum: Investing - Theory, News & General
- Topic: Retirees: what are you doing with all the home equity?
- Replies: 117
- Views: 9512
Re: Retirees: what are you doing with all the home equity?
House is paid for, it's part of my Plan "B", so I don't end up under the bridge. I will not participate in the I'm mortgaging the house if the market really tanks discussions.
It is allowing me to increase my equity allocation for a person of my age, and hopefully receive the equity risk premium.
It is allowing me to increase my equity allocation for a person of my age, and hopefully receive the equity risk premium.
- Wed Apr 15, 2020 6:08 pm
- Forum: Investing - Theory, News & General
- Topic: Future 60/40 Portfolio has a 43% Chance of Failing with 4% Withdrawal Rate
- Replies: 622
- Views: 41266
Re: Future 60/40 Portfolio has a 43% Chance of Failing with 4% Withdrawal Rate
We are just going to have to increase equity percentages if we want to withdraw the 4% a year.