Search found 453 matches

by peterinjapan
Mon Oct 22, 2018 2:05 am
Forum: Personal Consumer Issues
Topic: What to do with >$1000 in Amazon credits?
Replies: 44
Views: 3512

Re: What to do with >$1000 in Amazon credits?

Are these normal Amazon points? I always have a ton because of their 5% cash back program, which works with Amazon S3 servers. You can log into Chase and take the money out as cash to your bank account, then invest or whatever.
by peterinjapan
Sun Oct 14, 2018 11:12 pm
Forum: Investing - Theory, News & General
Topic: Short Term Bond yield over 3%
Replies: 74
Views: 10300

Re: Short Term Bond yield over 3%

I know CD ladders can be unpopular here, but I am amazed at the current numbers. 3% for the 2 year through Fidelity!

https://fixedincome.fidelity.com/ftgw/f ... -new-issue
by peterinjapan
Wed Oct 10, 2018 9:18 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 7402
Views: 1554066

Re: U.S. stocks in freefall

Aaaand two years of profits from DAL wiped out.

Damn it.
by peterinjapan
Wed Oct 10, 2018 11:48 am
Forum: Personal Consumer Issues
Topic: What Book Are You Currently Reading? Part VI
Replies: 3346
Views: 1005357

Re: What Book Are You Currently Reading? Part VI

Just finished Wind Through the Keyhole, a “bonus” Gunslinger book from Stephen King. Read by the author. (I am addicted to audiobooks and listen to them in the shower with a waterproof iPod shuffle.)
by peterinjapan
Wed Oct 10, 2018 11:45 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 7402
Views: 1554066

Re: Stocks tumbling?

To be a BH is to be calm and boring. Most things not even worth talking about. The rationalization based on the long term is the same as not caring about any of life because you look forward to heaven. And that is the true goal. I am a BH, but not as pure as some here. In three days, 2 years of pro...
by peterinjapan
Tue Oct 09, 2018 12:00 pm
Forum: Personal Consumer Issues
Topic: What purchase saved you the most money?
Replies: 136
Views: 12682

Re: What purchase saved you the most money?

Investing For Dummies, Fifth edition. Got me started thinking about investing and entrepreneurship.
Filemaker for Dummies 3.0. I founded my business on this program and book, 22 years ago.
by peterinjapan
Tue Oct 09, 2018 11:50 am
Forum: Personal Consumer Issues
Topic: Best headphones under 500 bucks
Replies: 48
Views: 3275

Re: Best headphones under 500 bucks

I was pleasantly happy to find the Bluetooth Quiet Comfort III are outstanding. Good quality, good design, Google Assistant button that's surprisingly useful, plus the ability to change connected devices, between two on the fly, or more if you use the mobile app. Apple AirPods are also amazing if yo...
by peterinjapan
Tue Oct 09, 2018 11:43 am
Forum: Personal Consumer Issues
Topic: Thinking of moving to Texas, Iowa, Idaho, or North Carolina
Replies: 209
Views: 14375

Re: Thinking of moving to Texas, Iowa, Idaho, or North Carolina

It would be the same anywhere. If you go to Canada and don't immediately love Hockey, you'll stick out. If you go to Europe and think the death penalty is pretty good, you'll not fit in and will eventually adjust your values or probably leave. Perhaps the best advice is, take 2 week vacations to the...
by peterinjapan
Mon Oct 01, 2018 7:06 am
Forum: Personal Finance (Not Investing)
Topic: How much money do you want to retire?
Replies: 650
Views: 80258

Re: How much money do you want to retire?

I think I can do $4 million, which will do fine. If I can get to $5 million, I will be a happy camper. Wife should have another $1 million too, so I think we will be okay.
by peterinjapan
Fri Sep 28, 2018 7:20 am
Forum: Investing - Help with Personal Investments
Topic: What to do with cash in the short term?
Replies: 36
Views: 3004

Re: What to do with cash in the short term?

Popular Direct is 2.0% currently, FDIC insured. I also just bought a 2 year CD for my wife at 2.95% insurance.
by peterinjapan
Thu Sep 27, 2018 9:55 pm
Forum: Personal Consumer Issues
Topic: Amazon Prime - Value?
Replies: 89
Views: 7509

Re: Amazon Prime - Value?

It's a "time is money" thing. I can order a USB cable at midnight and it will arrive by noon the next day, usually. And I live in rural Japan. My time can be better spent writing a blog post or promoting something for my business. That convenience becomes addictive. The added bonus is Amazon Prime V...
by peterinjapan
Wed Sep 26, 2018 11:21 pm
Forum: Personal Consumer Issues
Topic: Am I using facebook correctly?
Replies: 43
Views: 3338

Re: Am I using facebook correctly?

Facebook gets a lot of flack but it has uses. Mainly, keeping up with family. Also I find Messenger the best way to contact/be contacted by friends and family. Trying to use it for other purposes, like general interaction with random people, will make you hate your life. Politics, insulting videos c...
by peterinjapan
Wed Sep 26, 2018 10:30 pm
Forum: Investing - Help with Personal Investments
Topic: Should I sell or rent my house?
Replies: 22
Views: 1886

Re: Should I sell or rent my house?

Yes, I have one rental property (had one more but recently sold it), and love the income and the way depreciation nearly always wipes out all rental income for tax purposes. Currently rental income isn't counted against social security, so unless this changes I'll keep my one rental property forever...
by peterinjapan
Mon Sep 24, 2018 11:17 pm
Forum: Investing - Theory, News & General
Topic: Are We Headed For A Passive Index Meltdown?
Replies: 60
Views: 9363

Re: Are We Headed For A Passive Index Meltdown?

One thing I read once was, when markets go south, passive holders sell just like everyone else. I don't remember the article. Obviously the statement wouldn't cover many reading this here, but is there any data to tell us whether holders of SPY would generally start to sell if it tanked by 20%, and ...
by peterinjapan
Mon Sep 24, 2018 11:03 pm
Forum: Personal Consumer Issues
Topic: New Zealand - Bucket list trip
Replies: 34
Views: 3698

Re: New Zealand - Bucket list trip

Best of luck on your trip! I lived there as a boy at age 6, so I can't give you specific advice other than to tell you it's a wonderful country. Make sure you try the hot springs. If I were going I'd do the Milford Trek, something I want to do someday.
by peterinjapan
Mon Sep 24, 2018 10:54 pm
Forum: Personal Consumer Issues
Topic: Losing Passion for Hobbies. Cheap or normal aging?
Replies: 71
Views: 8995

Re: Losing Passion for Hobbies. Cheap or normal aging?

I've always had weird and specific hobbies. One of the them is obsessing over my investments, which I plan to do (a little) when I retire. Another thing I want to do is, become an R2 Builder. There's a whole group of people who design and build R2-D2 and other Astromech droids. The best community I'...
by peterinjapan
Fri Sep 21, 2018 12:08 pm
Forum: Investing - Help with Personal Investments
Topic: Ally Savings vs Vanguard Prime Money Market Fund - Need Advice
Replies: 77
Views: 10123

Re: Ally Savings vs Vanguard Prime Money Market Fund - Need Advice

Popular Direct has FDIC insured 2.0%, I have my emergency/upcoming tax money there.

https://www.populardirect.com/
by peterinjapan
Wed Sep 19, 2018 9:05 pm
Forum: Personal Finance (Not Investing)
Topic: What is a reasonable fee charged by financial planners?
Replies: 30
Views: 2257

Re: What is a reasonable fee charged by financial planners?

My Wells Fargo financial planner did little more than keep me in too-safe investments (so I wouldn't get mad and fire him) and talk me out of investing in AMZN at $399. He is now my former financial planner and I'm doing much better than when I used him.
by peterinjapan
Wed Sep 19, 2018 8:45 pm
Forum: Investing - Theory, News & General
Topic: Robert Shiller interview: "Market could get a lot higher"
Replies: 28
Views: 4640

Re: Robert Shiller interview: "Market could get a lot higher"

When I want to feel good about my investments I watch youtube videos by Ciovacco Capital, who is always super bullish and gives lots of info for why things will be better https://www.youtube.com/channel/UC_ywfvIR2JrnMuZt33y7QYQ If I want to feel bad about my investments, I read the Felder Report, wh...
by peterinjapan
Wed Sep 19, 2018 8:35 pm
Forum: Investing - Help with Personal Investments
Topic: anybody use Fidelity CD ladders?
Replies: 4
Views: 926

Re: anybody use Fidelity CD ladders?

I couldn't stand to see my bonds fall up to 5% a year so I got a CD ladder at Fidelity to provide a backbone to my portfolio. It feels like I did the right thing and Fidelity's system is super easy.
by peterinjapan
Tue Sep 18, 2018 9:33 pm
Forum: Personal Consumer Issues
Topic: What is your single most expensive mistake?
Replies: 293
Views: 25257

Re: What is your single most expensive mistake?

Said some nice things to Paypal staff (including a younger Elon Musk, I am pretty sure, but he wasn't famous in 2001), and got a call from them asking if I'd like to invest in the IPO in their "friends and family" program. I declined, like a chump. Example 2: was giving a panel in a room filled with...
by peterinjapan
Tue Sep 18, 2018 9:30 pm
Forum: Personal Consumer Issues
Topic: Should I get a new iPhone?
Replies: 43
Views: 3689

Re: Should I get a new iPhone?

I'm on the fence. Mainly I want to see if the new larger phone will be more readable, since I have terrible presbyopia. I can't even read the solitaire cards on my Apple watch (#FirstWorldProblems).

I do love the photography and if I buy it will be because of the better cameras.
by peterinjapan
Tue Sep 18, 2018 8:24 am
Forum: Investing - Theory, News & General
Topic: Equity in house / Do you use it?
Replies: 56
Views: 3514

Re: Equity in house / Do you use it?

I use the equity in my two homes...to sleep well at night.
by peterinjapan
Tue Sep 18, 2018 8:23 am
Forum: Investing - Help with Personal Investments
Topic: Laddered CDs
Replies: 28
Views: 2916

Re: Laddered CDs

I love the Fidelity Laddered CD tool. It's "set and forget" and I have one in my IRA.

https://fixedincome.fidelity.com/ftgw/f ... -new-issue
by peterinjapan
Tue Sep 18, 2018 2:01 am
Forum: Personal Finance (Not Investing)
Topic: how do/did you teach your kids finances/investing?
Replies: 28
Views: 2294

Re: how do/did you teach your kids finances/investing?

Gave all three of my kids a 15 point document explaining what investing is, what saving is, what stocks and bonds are. Gave them six months to digest. Son took to it and we have great fun reading books and sharing stock ideas together. Daughter was not interested in learning, so I set her up with Be...
by peterinjapan
Fri Sep 14, 2018 11:26 am
Forum: Investing - Help with Personal Investments
Topic: How to overcome regrets/fears?
Replies: 15
Views: 1505

Re: How to overcome regrets/fears?

I just hold my nose and jump in, and only check my stocks...every damn day because I can't help it.

When they go up, I get the dopamine shot I know I'm addicted to. When they go down, I feel bad, and share dank memes on /r/wallstreetbets
by peterinjapan
Thu Sep 13, 2018 12:15 pm
Forum: Investing - Theory, News & General
Topic: Ray Dalio’s latest fearmongering round
Replies: 53
Views: 5195

Re: Ray Dalio’s latest fearmongering round

I don't know a lot, but I know that Bogleheads get grouchy when you imply that their future returns will be impacted in any negative way in the near future.
by peterinjapan
Wed Sep 12, 2018 11:48 pm
Forum: Personal Finance (Not Investing)
Topic: Vacation house? Need objective third party
Replies: 67
Views: 6104

Re: Vacation house? Need objective third party

When my kids were small, we rented (for two years), then bought a nice vacation home (well, a kind of "luxury apartment" with a hot springs bath) up in the mountains above Karuizawa, Japan. We have many great memories with the kids, and enjoyed doing things you can only do on a mountain like play wi...
by peterinjapan
Wed Sep 12, 2018 11:42 pm
Forum: Personal Consumer Issues
Topic: iPhone XS Max
Replies: 231
Views: 15797

Re: iPhone XS Max

I'll probably get one. I'll check it out and see before I decide. What I'm looking for is a) does it really feel the same as my current iPhone 8 Plus in the hand (it seems to be the same size) b) is "horizontal mode" improved? It seems cool in practice, use your phone like an iPad mini and get some ...
by peterinjapan
Wed Sep 12, 2018 11:34 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard is requiring cell phone security codes - problem for international travel (UPDATE)
Replies: 65
Views: 3977

Re: Vanguard is requiring cell phone security codes - problem for international travel

Vanguard *hates* all customers who live or travel abroad. If you're an American who uses their service and commit the sin of living abroad for a year or more, be sure and hide this from them. Especially if they manage accounts for you.
by peterinjapan
Wed Sep 12, 2018 1:06 pm
Forum: Investing - Help with Personal Investments
Topic: Fidelity, Schwab, or Vanguard
Replies: 61
Views: 4246

Re: Fidelity, Schwab, or Vanguard

Vanguard is incredibly difficult to work with. I am a filthy American who dares to live most of the year in a foreign country, and Vanguard was so hostile to me, I could not believe it (the implication was they would be sued if any of their actions caused negative tax consequences for me). Much happ...
by peterinjapan
Wed Sep 12, 2018 1:03 pm
Forum: Personal Consumer Issues
Topic: Bike computer or Apple Watch?
Replies: 49
Views: 3457

Re: Bike computer or Apple Watch?

And, oh my, a new Apple Watch was just announced.
by peterinjapan
Sat Sep 08, 2018 11:57 am
Forum: Investing - Theory, News & General
Topic: Is individual Bonds better than Bond Fund?
Replies: 58
Views: 5352

Re: Is individual Bonds better than Bond Fund?

One thing I know about Bogleheads in general is that they can be VERY against individual bonds. It makes sense -- if you hold 5-8 different bonds, that's a lot of risk. OTOH, my advisor at Fidelity recommends holding some bonds individually, as long as they're investment grade. So I don't know which...
by peterinjapan
Sat Sep 08, 2018 9:05 am
Forum: Personal Consumer Issues
Topic: Buy a house that needs full renovation?
Replies: 40
Views: 1742

Re: Buy a house that needs full renovation?

Also, can you/would you like to do some of the work yourself? My sister's worthless ex-husband had one positive trait, the ability to cut and plane wood, pull out and replace a bathroom, and so on. He saved himself lots of money flipping homes back when he was doing that.
by peterinjapan
Fri Sep 07, 2018 9:49 am
Forum: Personal Consumer Issues
Topic: Bike computer or Apple Watch?
Replies: 49
Views: 3457

Re: Bike computer or Apple Watch?

Honestly, the Apple Watch is amazing, and a new version is around the corner. I recommended looking at one if you’re already an iPhone user.
by peterinjapan
Wed Sep 05, 2018 11:46 am
Forum: Personal Consumer Issues
Topic: Experience With No Car? (Uber/Lyft)
Replies: 47
Views: 4435

Re: Experience With No Car? (Uber/Lyft)

I love driving my BMW 128i convertable (the cheapest BMW you can buy) too much to ever do without my car. But if I lived in more convenient city, or a less fun-to-drive-in city than San Diego, I'd be open to that. Is bicycle and public transportation an option too?
by peterinjapan
Mon Sep 03, 2018 10:32 pm
Forum: Investing - Theory, News & General
Topic: Stocks in a 401k is a bad idea, right?
Replies: 43
Views: 5632

Re: Stocks in a 401k is a bad idea, right?

One takeaway I got from reading The Only Guide to a Winning Bond Strategy, which was not the best book in the world but whatever, was basically, holding stocks in your IRA converts low-tax gains like capital gains and qualified dividends into fully taxed income later. Therefore I only hold bonds and...
by peterinjapan
Mon Sep 03, 2018 10:26 pm
Forum: Investing - Theory, News & General
Topic: Does it make sense to invest in individual stocks (like Kanye West) if you stick to what you know?
Replies: 110
Views: 5783

Re: Does it make sense to invest in individual stocks (like Kanye West) if you stick to what you know?

My own investing style is a) "mostly" Boglehead as a base but b) take some specific individual stock bets in companies that are high growth and which I know reasonably well. I have been an Apple user for 30 years and investor since the original iPhone, so I think I can judge if we get to some "peak ...
by peterinjapan
Mon Sep 03, 2018 10:15 pm
Forum: Investing - Help with Personal Investments
Topic: Long Term Entertainment Investing
Replies: 6
Views: 799

Re: Long Term Entertainment Investing

Do what most of us do and make investing your hobby.
by peterinjapan
Sat Sep 01, 2018 11:53 am
Forum: Investing - Help with Personal Investments
Topic: What to do after maxing out roth?
Replies: 11
Views: 1648

Re: What to do after maxing out roth?

Ah, Roth IRA... I remember those. Back when I earned little enough to be eligible for such things (yet had no knowledge at the time)...

*drinks vodka straight*
by peterinjapan
Fri Aug 31, 2018 11:37 am
Forum: Investing - Theory, News & General
Topic: Investment Books
Replies: 47
Views: 3455

Re: Investment Books

Best book I ever read: Personal Finance for Dummies, 1993 edition. I swear, that book laid the groundwork for so much great stuff.
by peterinjapan
Fri Aug 31, 2018 4:44 am
Forum: Investing - Theory, News & General
Topic: 1987 Crash or 1982 Bash?
Replies: 3
Views: 479

Re: 1987 Crash or 1982 Bash?

Thanks for the book recommendation, I will seek it out.
by peterinjapan
Fri Aug 31, 2018 3:56 am
Forum: Investing - Theory, News & General
Topic: 1987 Crash or 1982 Bash?
Replies: 3
Views: 479

1987 Crash or 1982 Bash?

Whenever I want to feel good about my stock portfolio, I watch the latest video by Ciovacco Capital, like this one: "Stocks: Like 1987 Crash or 1982 Bash?" https://www.youtube.com/watch?v=aGUar7YOqpY&t=1s Basically, every video, and I mean every video, looks at market charts, for example comparing d...
by peterinjapan
Fri Aug 31, 2018 3:05 am
Forum: Personal Consumer Issues
Topic: Piano for a child
Replies: 60
Views: 3224

Re: Piano for a child

Note that the seller's market for a piano is supposedly terrible. We couldn't move ours for years.
by peterinjapan
Fri Aug 31, 2018 1:45 am
Forum: Personal Consumer Issues
Topic: Let a property management company to manage your house?
Replies: 10
Views: 1637

Re: Let a property management company to manage your house?

I just love the lady who manages my mother's house after she passed away. Knew all kinds of things like, just let the prospective renter talk and talk without asking him anything, you'll get a feel for what kind of person he is and whether you want him renting.
by peterinjapan
Wed Aug 29, 2018 10:46 pm
Forum: Investing - Theory, News & General
Topic: Buy what others are selling and Sell what others are buying?
Replies: 19
Views: 2317

Re: Buy what others are selling and Sell what others are buying?

Yes, I am nearly always buying, things like a) core iShares ETFs, b) something I want to "tilt" towards like small caps and c) a few positions in specific companies, some of which have worked out great, others no so much. The main time for others to buy is when I sell, since it always means the pric...
by peterinjapan
Wed Aug 29, 2018 10:39 pm
Forum: Investing - Help with Personal Investments
Topic: 3 fund portfolio across all accounts?
Replies: 10
Views: 1159

Re: 3 fund portfolio across all accounts?

One thing I realized was that, having things like normal stocks in an IRA converts the low-tax qualified dividends and capital gains to the highest possible tax rate, your normal income rate, when you tap the money eventually. Which is why I try to only have CDs, bonds or bond-like high yield things...
by peterinjapan
Tue Aug 28, 2018 3:36 am
Forum: Investing - Help with Personal Investments
Topic: REITs without malls?
Replies: 20
Views: 1698

Re: REITs without malls?

At UTC in San Diego, one of the nicest malls, they've been doing a lot of design work to improve things. This included reworking the carcass of the Sears to include lots of small shops, which will presumably be a big improvement going forward. It was interesting to see them work, tearing out the old...