Search found 272 matches

by peterinjapan
Wed Oct 11, 2017 12:54 pm
Forum: Personal Finance (Not Investing)
Topic: [Boglehead vs Mr Money Mustache philosophies]
Replies: 203
Views: 13548

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: 3162

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: 3162

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: 1916

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: 3115

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: 1097

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: 932

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: 1527
Views: 270354

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: 9679

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: 4459

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: 6395

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: 192
Views: 12780

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: 9545

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: 6122

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: 12457

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: 4238

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: 2384

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: 2099

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: 10068

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: 7495

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: 18192

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: 6438

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: 33049

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: 1231

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.
by peterinjapan
Mon Aug 28, 2017 2:39 am
Forum: Investing - Help with Personal Investments
Topic: 85/15 too aggressive at age 35?
Replies: 104
Views: 10356

Re: 85/15 too aggressive at age 35?

I'm like 92% stocks and 8% bonds, and I'm 49. But I have three investment properties in San Diego which I consider my "anchors." I still need to push myself to get more conservative.
by peterinjapan
Sun Aug 27, 2017 7:03 am
Forum: Personal Finance (Not Investing)
Topic: Sigh...I'm ready for criticism...how am I doing?
Replies: 50
Views: 6725

Re: Sigh...I'm ready for criticism...how am I doing?

I love managing my three properties, but that's because I have three good managers, and haven't had any really bad tenants. if I were trying to do it myself, I would probably have torn my hair out.
by peterinjapan
Fri Aug 25, 2017 12:57 pm
Forum: Investing - Theory, News & General
Topic: Passive investing is a Ponzi scheme
Replies: 77
Views: 5919

Re: Passive investing is a Ponzi scheme

Eventually we'll all be indexing, and there'll be one guy named Ned, moving the market this way and that with his trades. It will be hilarious to watch. Jocularity aside, does anybody else think that the "smoothness" of the current bull market was in part enabled by the large number of indexers? I'm...
by peterinjapan
Fri Aug 25, 2017 12:53 pm
Forum: Personal Consumer Issues
Topic: Soliciting personal recommendations for a Barcelona trip
Replies: 56
Views: 4435

Re: Soliciting personal recommendations for a Barcelona trip

Study up on Gaudí (pronounced gau-DEE, people look at you funny if you say it wrong), you will enjoy Barcelona much more having done so. It's a great city. It's also the great pride of Japan that one of their citizens, Etsuro Sotoo, was chosen as the main sculptor for Sagrada Familia. (They even put...
by peterinjapan
Tue Aug 22, 2017 11:13 pm
Forum: Personal Finance (Not Investing)
Topic: I did it and feel great about it (paid off mortgage)
Replies: 53
Views: 5779

Re: I did it and feel great about it (paid off mortgage)

Paying one of my properties off in 4 years, and then one more year for my other investment condo. It's nice closing in on having no monthly payments.
by peterinjapan
Fri Aug 18, 2017 2:27 am
Forum: Investing - Theory, News & General
Topic: news yesterday that Buffett has $100,000,000,000 in cash now
Replies: 65
Views: 8856

Re: news yesterday that Buffett has $100,000,000,000 in cash now

For some reason, Buffet has been "stalking" my investment. I buy more APPL, he does six months later. I invest in STOR, he does a few months later. I just dumped my GE because it was going nowhere, selling at 30 (currently at 25). Buffet did the same thing, after me.
by peterinjapan
Fri Aug 18, 2017 2:24 am
Forum: Investing - Help with Personal Investments
Topic: Lost $7000 today in ONE DAY!
Replies: 183
Views: 16215

Re: Lost $7000 today in ONE DAY!

Yes, $11k down yesterday. I have learned to take these things in stride. I regularly check to see if there's anything I own that I wouldn't buy again, and I generally am happy with it, or I wouldn't own it. If I have any cash, I buy small chunks of my favorite funds if they're down that much. The tr...
by peterinjapan
Mon Aug 14, 2017 1:55 am
Forum: Personal Finance (Not Investing)
Topic: Rent Out or Sell My Condo...
Replies: 21
Views: 2076

Re: Rent Out or Sell My Condo...

My own suggestion is rent. I rent out two properties and like being a landlord. The rent covers my mortgage easily so everything is fine. Considering the amount of work to sell, and the lucky timing you need to have for it to all go smoothly, it's not something you want to do more than once or twice...
by peterinjapan
Sat Aug 05, 2017 12:13 pm
Forum: Investing - Help with Personal Investments
Topic: 85/15 too aggressive at age 35?
Replies: 104
Views: 10356

Re: 85/15 too aggressive at age 35?

I'm like 90 stocks / 10 bonds. Though I have three investment properties in San Diego which I don't really know how to count in my calculation. And I'm 49 years old.
by peterinjapan
Sat Jul 08, 2017 9:07 pm
Forum: Investing - Theory, News & General
Topic: Anyone else gotten totally bored with investing?
Replies: 127
Views: 14816

Re: Anyone else gotten totally bored with investing?

Not bored at all. It's fun, like a chess game that pays you if you win.
by peterinjapan
Sat Jul 08, 2017 8:10 pm
Forum: Personal Consumer Issues
Topic: Luggage recommendation
Replies: 37
Views: 3307

Re: Luggage recommendation

I just love the Eagle Creek Tarmac suitcases. So well designed, and there are three sizes. The biggest is huge, the smallest great for short trips or carry on bags.

https://www.amazon.com/Eagle-Creek-Tarm ... B00G36689C
by peterinjapan
Sat Jul 08, 2017 8:07 pm
Forum: Personal Consumer Issues
Topic: Excel 2010 and Windows 7 -- Where to go from here?
Replies: 39
Views: 3089

Re: Excel 2010 and Windows 7 -- Where to go from here?

Try to move to the Mac, if you don't have specific need of Windows or VBA. All Windows products come with time limits that are generally not an issue when using the Mac. (Though eventually an old machine will stop allowing OS updates, after 6-7 years or so.)
by peterinjapan
Sat Jul 08, 2017 7:39 pm
Forum: Personal Consumer Issues
Topic: What do you splurge on?
Replies: 133
Views: 12060

Re: What do you splurge on?

Really good, comfortable shoes that I really like wearing. Nike Air Max.
by peterinjapan
Sat Jul 08, 2017 7:32 pm
Forum: Personal Finance (Not Investing)
Topic: A good VISA card for Gas & Groceries?
Replies: 66
Views: 4418

Re: A good VISA card for Gas & Groceries?

I love the Amazon Visa by Chase. 2-3% off cast (if I recall) but 5% off Amazon purchases. Including my S3 server fees, which is significant...
by peterinjapan
Sat Jul 08, 2017 6:41 pm
Forum: Investing - Help with Personal Investments
Topic: Fidelity, Vanguard or Schwab? I need to choose.
Replies: 47
Views: 3918

Re: Fidelity, Vanguard or Schwab? I need to choose.

Vanguard is nigh unto a religion with some folks here. I personally found a) their "you don't buy funds, you move them from the money market fund into other funds" paradigm to be very hard to understand, and b) they are downright hostile to anyone who has a passport and lives/travels abroad. I went ...
by peterinjapan
Wed Jun 21, 2017 12:27 am
Forum: Personal Finance (Not Investing)
Topic: Step-up basis of inherited rental properties
Replies: 10
Views: 1302

Re: Step-up basis of inherited rental properties

Clearly you should be talking with a good account. A good one will always pay for themselves by giving you proper advice and guidance.
by peterinjapan
Wed Jun 21, 2017 12:16 am
Forum: Investing - Theory, News & General
Topic: Real estate vs stocks, regarding tax
Replies: 3
Views: 522

Re: Real estate vs stocks, regarding tax

I'm a BogleheadWho also invest in real estate, mainly three properties in San Diego. I've done well with them, and been lucky with renters, and have burned my mothers house down for the Apple. Basically, which type of investing has certain benefits and drawbacks. For real estate, you need to pay a p...
by peterinjapan
Sun Jun 18, 2017 4:53 am
Forum: Personal Consumer Issues
Topic: Car purchase Vs. car leasing
Replies: 11
Views: 1591

Re: Car purchase Vs. car leasing

I got the perfect car. 1 year old used car, the cheapest BMW they make, but very high quality and fun to drive, nearly new but with like 9000 miles on it. I got the last (I assume) standard transmission I'll likely ever drive, since they are disappearing so fast. I love that car.
by peterinjapan
Sun Jun 18, 2017 4:39 am
Forum: Personal Consumer Issues
Topic: Best Cheap Champagne
Replies: 60
Views: 4714

Re: Best Cheap Champagne

My local Ralph's has 30% off (sometimes 40% off) 6 bottles of wine. so I always load up. I find Prosecco Doc Zonin is an excellent Brut champagne, only $11 or so, but with 30% off that's ridiculously cheap.
by peterinjapan
Sun Jun 18, 2017 4:30 am
Forum: Personal Consumer Issues
Topic: BMW X5 2017 - Seeking advice
Replies: 40
Views: 3683

Re: BMW X5 2017 - Seeking advice

I drive diesel Mazdas in Japan. I swear by them. 25% more power and 15% less cost, in Japan at least.
by peterinjapan
Sun Jun 18, 2017 4:14 am
Forum: Personal Finance (Not Investing)
Topic: Who takes financial chances and why is this forum so financially conservative?
Replies: 139
Views: 13972

Re: Who takes financial chances and why is this forum so financially conservative?

I am 49 years old (well, in three days) yet I am 90% equities (mostly domestic). I figure this is okay because my other "anchor" investments are a) three properties in San Diego which are all doing well and generating rental income which nicely cover the mortgage payment. b) a lot of social security...
by peterinjapan
Sun Jun 18, 2017 3:55 am
Forum: Personal Finance (Not Investing)
Topic: So sick of it! [Paying off student loans]
Replies: 42
Views: 6903

Re: So sick of it!

I'm currently paying off my three mortgages at a fast-ish pace, despite the 3.0 and 3.25% interest rates. I have $1.3 mil in stocks but $1 mil in debts (the mortgages, plus some very low interest loans I have to my company) that I dislike having. I can see the end...taste it. 4 years, I pay off one ...
by peterinjapan
Sun Jun 04, 2017 4:40 am
Forum: Personal Consumer Issues
Topic: Used 2013 Audi A5 or New Honda Accord Sport
Replies: 71
Views: 6230

Re: Used 2013 Audi A5 or New Honda Accord Sport

Always choose Japan for reliability.
by peterinjapan
Sun Jun 04, 2017 3:36 am
Forum: Personal Consumer Issues
Topic: Where to Live on $60K or Less a Year?
Replies: 248
Views: 29520

Re: Where to Live on $60K or Less a Year?

Haha, back in the day we used to drive from San Diego to Dallas, TX, for anime conventions. 24 hours straight, it's not fun but it was okay back when my friends and I were younger. Anyhoo, I always had a fixation on El Paso as an incredibly cheap city, a place we should be based since we're an inter...
by peterinjapan
Sun May 07, 2017 10:33 pm
Forum: Investing - Theory, News & General
Topic: Why save so much for when you're old?
Replies: 163
Views: 20443

Re: Why save so much for when you're old?

Loving all these answers. This is what Bogleheads is so great at.
by peterinjapan
Sun May 07, 2017 10:30 pm
Forum: Personal Consumer Issues
Topic: Seattle and Vancouver with kids
Replies: 19
Views: 1439

Re: Seattle and Vancouver with kids

I just had a lovely time in Seattle at a convention. We had great fun walking around the downtown and sampling the cult of coffee that's everywhere. Things you can do: a) visit the first Starbucks on Pike Ave b) visit the "gum wall" (it's gross) c) find that technology museum and go see St...