Search found 298 matches

by peterinjapan
Mon Dec 11, 2017 11:00 pm
Forum: Investing - Help with Personal Investments
Topic: Home Mortgage vs Bonds
Replies: 13
Views: 906

Re: Home Mortgage vs Bonds

I should do 60/40 but I just can’t. I’m 90/10 but three investment properties I consider my “anchor.”
by peterinjapan
Mon Dec 11, 2017 10:57 pm
Forum: Investing - Help with Personal Investments
Topic: Quantity of places to hold assets
Replies: 5
Views: 262

Re: Quantity of places to hold assets

A brokerage is not a bank, and you don’t lose what you own if they have financial trouble, so it should be fine to go with one company. Vanguard is excellent, and the preferred place here, but I’ll suggest Fidelity, who has really impressed me on all fronts. The one downside with them is, you can’t ...
by peterinjapan
Mon Dec 11, 2017 4:58 am
Forum: Investing - Theory, News & General
Topic: Any of you trade just a little as a hobby?
Replies: 24
Views: 1842

Re: Any of you trade just a little as a hobby?

I don't trade, but I do have non Boglehead Approved® investments and I enjoy them. I even have some Bitcoin, just for the entertainment value.
by peterinjapan
Mon Dec 11, 2017 3:04 am
Forum: Personal Consumer Issues
Topic: Japan in summer
Replies: 17
Views: 987

Re: Japan in summer

Have fun! Workout ahead of time what to see, so you don't miss anything. My one favorite thing in Kyoto is Sanjusan-gendo or the Hall of 33 Bays. It's breathtaking, 1000 carved Buddha statues. Kyoto in the summer is super hot though.
by peterinjapan
Sun Dec 10, 2017 9:38 pm
Forum: Personal Finance (Not Investing)
Topic: 2018 financial goals - what are yours?
Replies: 59
Views: 4241

Re: 2018 financial goals - what are yours?

Build on the success of 2017. Keep paying down "bad" debt while not worrying about "good" debt. Keep teaching my son about investing, since we're having fun learning together. Maybe find a new way to hedge. (Considering buying some RVs to rent for income through my sister, who could use the help her...
by peterinjapan
Thu Dec 07, 2017 11:10 pm
Forum: Personal Consumer Issues
Topic: 4WD necessary/recommended on Big Island, HI
Replies: 34
Views: 1966

Re: 4WD necessary/recommended on Big Island, HI

Also, Kona is much nicer than Hilo. Hilo is the commercial city, nothing much over there, but Kona was lovely. The weather is somehow always nice there.
by peterinjapan
Thu Dec 07, 2017 11:09 pm
Forum: Personal Consumer Issues
Topic: 4WD necessary/recommended on Big Island, HI
Replies: 34
Views: 1966

Re: 4WD necessary/recommended on Big Island, HI

I was on Big Island with my son, rented a super powerful Toyota 4x4 to drive up Mauna Kea, which is an experience I totally recommended. We had a ton of rain the next day, roads washed out all over, and used the 4x4 to get over that too.
by peterinjapan
Thu Dec 07, 2017 11:07 pm
Forum: Investing - Theory, News & General
Topic: Bitcoin now the largest quantifiable bubble in history?
Replies: 88
Views: 6508

Re: Bitcoin now the largest quantifiable bubble in history?

There are some use cases. People in Europe are working and sending money home via BTC to their families. I bought some meds I want to keep private using BTC just because it seemed like a fun thing to do in 2017. Seems irrational to me. A code generated coin without intrinsic value, that has little p...
by peterinjapan
Thu Dec 07, 2017 11:06 pm
Forum: Investing - Theory, News & General
Topic: Bitcoin now the largest quantifiable bubble in history?
Replies: 88
Views: 6508

Re: Bitcoin now the largest quantifiable bubble in history?

I bought "a little" ($2000 of BTC, $5000 of ETH plus a small chunk of the GBTC trust). Mainly so I can enjoy the ride, which is what investing is about for me, after my net worth got more than $3 mil. Also my son is doing it with me, so we're both learning about it together. There are a lot of "grea...
by peterinjapan
Thu Dec 07, 2017 11:02 pm
Forum: Investing - Theory, News & General
Topic: National Pearl Harbor Remembrance Day
Replies: 19
Views: 1041

Re: National Pearl Harbor Remembrance Day

I'm an American living in Japan for 25 years, and it's been fun bringing my kids to all the places they need to see as part of their heritage. Pearl Harbor, the Intrepid in New York, the Iowa in Los Angeles, Hiroshima, Arlington.
by peterinjapan
Mon Nov 27, 2017 12:31 pm
Forum: Investing - Theory, News & General
Topic: What did you do right?
Replies: 96
Views: 9263

Re: What did you do right?

This probably is not all of it: 1) Married a super woman who is not a spender, and only married once 2) A good education including a MBA that really helped me understand how the financial system works 3) Always live below our means; don't respond to peer pressure to keep up with others or project a...
by peterinjapan
Mon Nov 27, 2017 12:29 pm
Forum: Investing - Theory, News & General
Topic: What did you do right?
Replies: 96
Views: 9263

Re: What did you do right?

I have never carried any debt other then home mortgage (even then we put 50% down). Paid cash for cars. Have always used credit cards as a convenience and paid off credit card bills in full every month for 30+ years. It just has always felt really good not really owing any money and not being on "t...
by peterinjapan
Mon Nov 27, 2017 12:27 pm
Forum: Investing - Theory, News & General
Topic: What did you do right?
Replies: 96
Views: 9263

Re: What did you do right?

Bracket wrote:
Sun Nov 26, 2017 10:00 am
Right:

Wrong:
Good point, we need a What did you do wrong thread.
by peterinjapan
Mon Nov 27, 2017 12:23 pm
Forum: Personal Consumer Issues
Topic: iPad - Best Bang for your Buck
Replies: 12
Views: 982

Re: iPad - Best Bang for your Buck

Try them out before you buy. Honestly, iPad is a quality device, I use mine 3-4 hours a day and take it exclusively when traveling. One downside is, the 10.5” might be too breakable, I’ve broken my screen twice in 6 months.
by peterinjapan
Sun Nov 26, 2017 4:37 am
Forum: Investing - Help with Personal Investments
Topic: Bonds: Why?
Replies: 29
Views: 2283

Re: Bonds: Why?

And yet, I watch when things to up and down and try to get a feel for what goes up/down and how much. My general impression is JNK = high yield, dangerous for various reasons but quite interest rate resistent LQD = corporate bonds, safe but slightly longer term, subject to going down if rates rise q...
by peterinjapan
Sun Nov 26, 2017 4:28 am
Forum: Investing - Help with Personal Investments
Topic: if you could use only 1 investment firm...
Replies: 79
Views: 4864

Re: if you could use only 1 investment firm...

I frigging love Fidelity. Their website is great, their iOS and iPad apps are perfect, and trades are $5. The one downside to folks here: non "free" mutual fund trades are $75, meaning trading Vanguard funds through them is not realistic. (It's fine to hold what you've got though, and I have a few.)
by peterinjapan
Sun Nov 26, 2017 4:19 am
Forum: Investing - Help with Personal Investments
Topic: Didn't buy Bitcoin at $4600
Replies: 138
Views: 10601

Re: Didn't buy Bitcoin at $4600

I bought at like $5200 did, but only because I'm trying to prove a point to my son about silly speculating. We'll see where it goes.
by peterinjapan
Sun Nov 26, 2017 4:17 am
Forum: Personal Consumer Issues
Topic: Trip to Hawaii - what do I need to know
Replies: 46
Views: 4118

Re: Trip to Hawaii - what do I need to know

I *loved* Hawaii. The sprawl of Waikiki was not good, though my wife (being Japanese) loves it. I had more fun driving around Oahu in our rented jeep, up to North Short and back down again. Big Island was also fun, though we specifically prepared for visiting the top of Mauna Kea, which is hard to d...
by peterinjapan
Sun Nov 26, 2017 3:09 am
Forum: Investing - Theory, News & General
Topic: What did you do right?
Replies: 96
Views: 9263

What did you do right?

Two things I've been lucky enough to do right: a) First, I started a business way back in 1996. Obviously starting a business and not going bankrupt is a smart thing to do, but in my case I found there were many benefits I got personally from the company, things like laptop computers and iPhones pai...
by peterinjapan
Thu Nov 23, 2017 6:56 am
Forum: Personal Consumer Issues
Topic: Best Basic DESKTOP?
Replies: 72
Views: 4789

Re: Best Basic DESKTOP?

My vote would be for whatever the best Intel NUC for tour needs is. Tiny yet reliable, very powerful, and easy to find a dozen uses for it younreplace it in a few years.
by peterinjapan
Sun Nov 12, 2017 9:14 pm
Forum: Investing - Help with Personal Investments
Topic: iShares Core Builder–use as lazy portfolio guide?
Replies: 10
Views: 1048

Re: iShares Core Builder–use as lazy portfolio guide?

I love that guide, it's one of the things that got me into iShares, which I hold a lot of. Very straightforward and easy to understand, and ETFs based, which I believe to be the "future" unlike mutual funds, which have a lot of extra baggage as well as higher costs (impossibly higher costs depending...
by peterinjapan
Wed Nov 08, 2017 9:35 am
Forum: Personal Consumer Issues
Topic: Business Laptop Suggestions Request
Replies: 36
Views: 3081

Re: Business Laptop Suggestions Request

Consider Macbook. I do a lot of serious Windows development in Parallels, which lets you run Windows inside your Mac at full speed.
by peterinjapan
Wed Nov 08, 2017 9:34 am
Forum: Personal Finance (Not Investing)
Topic: How old are you and how much do you save for retirement a year
Replies: 150
Views: 13150

Re: How old are you and how much do you save for retirement a year

I'm an American living in Japan and I an banned from making 401(k) contributions. Or, I can make them but Japan will tax them because Japanese people save too much as it is. So all my money (except for my old IRA that I can't add money to) is in taxable stock accounts, plus three investment properti...
by peterinjapan
Mon Nov 06, 2017 12:25 am
Forum: Personal Consumer Issues
Topic: tips to build good savings habits
Replies: 7
Views: 1195

Re: tips to build good savings habits

I personally try to set yearly goals, like to add $30k to my investment portfolio, each year. Then I can divide by twelve and figure what I need to do on a month by month basis. Every February I reward myself by updating my spreadsheet to see how investments rise and debt has fallen. (I am also payi...
by peterinjapan
Mon Nov 06, 2017 12:22 am
Forum: Investing - Help with Personal Investments
Topic: Should I open an account with Vanguard?
Replies: 28
Views: 2141

Re: Should I open an account with Vanguard?

I personally recommend Fidelity. Reasons a) ETF centric vs Mutual Funds. $5 trades, or free, except $75 for non-free mutual funds, so you obviously want to stick to ETFs or funds that are free to trade. b) Much more straightforward approach. I found Vanguard confusing and just a little cult-like. c)...
by peterinjapan
Wed Oct 11, 2017 12:54 pm
Forum: Personal Finance (Not Investing)
Topic: [Boglehead vs Mr Money Mustache philosophies]
Replies: 203
Views: 15757

Re: [Boglehead vs Mr Money Mustache philosophies]

Bogoeheads love mutual funds more than they should when ETFs are often a better option. And Bogleheads _love_ Vanguard.
by peterinjapan
Sun Oct 08, 2017 11:44 am
Forum: Investing - Theory, News & General
Topic: What is a “bond bubble”?
Replies: 35
Views: 3448

Re: What is a “bond bubble”?

livesoft wrote:
Sun Oct 08, 2017 4:36 am
That makes me think then that a ladder of individual bonds might be superior for capital preservation than a bond fund.
One thing I know about Bogleheads is that they strongly dislike buying bonds directly.
by peterinjapan
Sun Oct 08, 2017 3:11 am
Forum: Investing - Theory, News & General
Topic: What is a “bond bubble”?
Replies: 35
Views: 3448

What is a “bond bubble”?

I’ve been hearing various people in the financial press talking about how there’s a bond bubble, naturally after I just made a large purchase of bonds to balance my portfolio out more. While I hold all my bonds in very broad index funds (BND and AGG plus a little LQD), I realized I had no idea what ...
by peterinjapan
Tue Oct 03, 2017 12:01 pm
Forum: Personal Consumer Issues
Topic: Need compact point and shoot camera recommendations
Replies: 32
Views: 2136

Re: Need compact point and shoot camera recommendations

I've loved the small "prosumer" Canon camera I've owned in the past, always wonderful to take on a trip. I find I hate the Olympus OM-D E-M5 I am trying to use because of its bad design and complexity, so I never take the camera with me anywhere and just use my iPhone. So keep all that in mind.
by peterinjapan
Tue Oct 03, 2017 11:55 am
Forum: Personal Finance (Not Investing)
Topic: We're Debt Free (Except our House)!
Replies: 34
Views: 3409

Re: We're Debt Free (Except our House)!

Congrats! I'm counting down to paying off my mother's house, then one more rental unit I own, in 4~5 years.
by peterinjapan
Tue Oct 03, 2017 2:51 am
Forum: Investing - Help with Personal Investments
Topic: when current 401K options suck
Replies: 17
Views: 1227

Re: when current 401K options suck

I have only American funds, all obfuscated and all with a 1.3% expense rate or so. Does anyone know if you always have the right to transfer from one 401(k) providor to another, like to Vanguard?
by peterinjapan
Tue Oct 03, 2017 2:48 am
Forum: Investing - Help with Personal Investments
Topic: US Expat in Japan looking for options
Replies: 11
Views: 1056

Re: US Expat in Japan looking for options

Hello, nice to talk to you, OP. I'm also an expat living in Japan for 25 years. Basically, investing from the U.S. side is "best" but only if you have a support network there, and some legal address. I have a company and several properties so it's easier for me. You do have to be careful with Americ...
by peterinjapan
Tue Oct 03, 2017 2:39 am
Forum: Investing - Theory, News & General
Topic: What are you up YTD? [Year To Date]
Replies: 1617
Views: 289608

Re: What are you up YTD? [Year To Date]

I'm up 15.4%, with mostly stocks. Firing that Wells Fargo guy was the smartest thing I ever did. 40% of the decisions he made were mistakes anyway. I can make mistakes myself for free.
by peterinjapan
Mon Oct 02, 2017 12:21 am
Forum: Investing - Theory, News & General
Topic: Current Bull Market could last years
Replies: 89
Views: 10314

Re: Current Bull Market could last years

I am slowly becoming more conservative, but only becuase I'm unhealthily overweight stocks (you could say 'addicted to' stocks and you wouldn't be wrong).
by peterinjapan
Thu Sep 28, 2017 1:04 pm
Forum: Investing - Theory, News & General
Topic: Which bogleheads have a "high need to take risk"?
Replies: 51
Views: 4791

Re: Which bogleheads have a "high need to take risk"?

I am 49 years old, but I am 95% stocks, 5% bonds. I also have three real estate properties in San Diego that are rising nicely, so I tend to think I can be a little more bold. Also, my wife is a big bond investors so, considering us as a single unit, we are pretty well diversified I think.
by peterinjapan
Thu Sep 28, 2017 1:00 pm
Forum: Investing - Theory, News & General
Topic: Guy proves that Buy The Dip strategy works (via backtests) any rebuttals?
Replies: 65
Views: 6909

Re: Guy proves that Buy The Dip strategy works (via backtests) any rebuttals?

Buying the dip is a fabulous strategy that guarantees high returns… Except for the current dip, which is a terrifying glimpse down a precipice.
by peterinjapan
Thu Sep 28, 2017 12:55 pm
Forum: Investing - Theory, News & General
Topic: Why do you LBYM? Why do you save and invest?
Replies: 204
Views: 15696

Re: Why do you LBYM? Why do you save and invest?

My personal life philosophy is, find a job you're good at and enjoy, and work so much that you don't know your own salary, and certainly don't have time enough to spend it all. That has worked out well, I have money to pay down my mortgages and invest, and I'm focused on my company so it's enjoyable...
by peterinjapan
Thu Sep 28, 2017 12:46 pm
Forum: Personal Finance (Not Investing)
Topic: My boneheaded financial mistakes
Replies: 77
Views: 10214

Re: My boneheaded financial mistakes

I happened to praise Paypal to an employee at a convention, and a few days later I got a call with an offer to invest in their IPO with the "friends and family" system they had set up. I declined, stupidly, as I'd just been burned on another investment. When some opportunity presents itself, now my ...
by peterinjapan
Thu Sep 28, 2017 12:35 pm
Forum: Investing - Theory, News & General
Topic: Which is better a Cryptocurrency or Gold?
Replies: 99
Views: 6735

Re: Which is better a Cryptocurrency or Gold?

HomerJ wrote:
Thu Sep 28, 2017 11:30 am
Burger King Russia has just released a new crypto-currency called WhopperCoin

This is not a joke.

But man, I feel like laughing (or maybe crying).
The Tulip Bulb bubble of our age. Trouble is, if it crashes, will it be a trouble to the rest of us?
by peterinjapan
Tue Sep 19, 2017 12:22 pm
Forum: Investing - Theory, News & General
Topic: Any "average Joe" here actually make out well with individual stocks?
Replies: 108
Views: 13120

Re: Any "average Joe" here actually make out well with individual stocks?

One thing you'll hear a lot here is, avoid individual stocks because of "individual stock risk. I'm slowly getting rid of my individual stocks, and moving towards good ETF's that I like. That said, I've done quite well with Facebook, Apple, GE (though I recently sold it) and so on. In general your b...
by peterinjapan
Tue Sep 19, 2017 1:39 am
Forum: Investing - Help with Personal Investments
Topic: approaching 70, and a totally new situation.
Replies: 31
Views: 4405

Re: approaching 70, and a totally new situation.

Understanding how Step Up works is good. I didn't understand it when my mother passed in 2010 and made some mistakes as a result. Meanwhile I live in Japan, where there's no such thing. You always get taxed on whatever the starting value of an investment was. which means you're taxed on inflation ba...
by peterinjapan
Mon Sep 18, 2017 9:29 pm
Forum: Personal Consumer Issues
Topic: Convertible in Florida or not...
Replies: 38
Views: 2565

Re: Convertible in Florida or not...

Yes, I love my convertibles. I've owned four Miatas over the years (one I bought for my mom), and now have a (cheap) BMW in San Diego and a (not so cheap, but bought by my company) Z4 here in Japan. Life is too short to not drive a car you truly love to drive. Preferably with manual transmission, if...
by peterinjapan
Mon Sep 18, 2017 9:26 pm
Forum: Personal Finance (Not Investing)
Topic: 15 vs 30 year refinance vs cash out refinance
Replies: 32
Views: 2269

Re: 15 vs 30 year refinance vs cash out refinance

I always, always do 15 year on mortgages. The extra 1% or so is worth it, and forcing myself to be on top of my debt is a good thing. Only got another 3.8 years to go on Mom's house, and another year to pay off my first investment condo.
by peterinjapan
Thu Sep 14, 2017 11:38 am
Forum: Personal Consumer Issues
Topic: Companies/Brands You Love?
Replies: 157
Views: 10807

Re: Companies/Brands You Love?

Apple
Starbucks
BMW
Costco
Aflac

I own all stocks except BMW.
by peterinjapan
Thu Sep 14, 2017 11:26 am
Forum: Personal Consumer Issues
Topic: Best Lower Cost USA Cities to Live
Replies: 102
Views: 8143

Re: Best Lower Cost USA Cities to Live

Depending on your age, I'd look at what cities had the best startup culture. I'd personally go to some cool small city in the midwest if I were young, see what startup action I could latch onto.
by peterinjapan
Thu Sep 14, 2017 10:45 am
Forum: Personal Consumer Issues
Topic: Is it really Worth it to brown bag your lunch at work?
Replies: 313
Views: 19674

Re: Is it really Worth it to brown bag your lunch at work?

My wife makes me a nice bento lunch every day. Considering we used to go out to eat 4 times a week for lunch (which made us both fat too), we figure we're saving $250 a month at least. It's great. I also eat quickly, then take a nice 4 km brisk walk at lunch with the extra time I have.
by peterinjapan
Sat Sep 09, 2017 12:08 pm
Forum: Personal Consumer Issues
Topic: Luxury car: perception vs reality
Replies: 118
Views: 7100

Re: Luxury car: perception vs reality

I drive a BMW 128i, the cheapest BMW they make. I got it for under 30k, it's likely the last standard I'll ever be able to buy and I love driving it up and down hills in San Diego and San Francisco. Some "luxury features" I am happy to do without, like the a navigational screen, since it would just ...
by peterinjapan
Fri Sep 01, 2017 11:02 am
Forum: Investing - Theory, News & General
Topic: Why go with an 80% stock / 20% bond portfolio?
Replies: 360
Views: 34947

Re: Why go with an 80% stock / 20% bond portfolio?

My stock portfolio is slightly over 90% equities at age 49, because: a) I own three investment properties in San Diego, two of which generate more income than the mortgage payment and b) My wife has investments of her own, mostly corporate or country bonds, to help protect us in a downturn. I consid...
by peterinjapan
Mon Aug 28, 2017 2:41 am
Forum: Investing - Help with Personal Investments
Topic: Should I be doing more
Replies: 8
Views: 1294

Re: Should I be doing more

Yes, I am trying to move away from my few single stocks. Well, all but my Apple or Facebook, which are darned hard to sell. Might keep them forever.