Search found 1462 matches

by corn18
Thu Aug 22, 2019 12:36 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 11854
Views: 2027129

Re: U.S. stocks in free fall

abuss368 wrote:
Thu Aug 22, 2019 10:46 am
It is amazing how much markets absorb and deal with and continue to provide value.
Markets are useless. The underlying companies provide the value.
by corn18
Wed Aug 21, 2019 10:09 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 11854
Views: 2027129

Re: U.S. stocks in free fall

Looks like Bonds have caught up to the S&P 500 looking at the past year and a half... and the forecast is for bonds to go even higher! Hope all those 100% equities guys are learning some good lessons on the importance of diversification... Note: chart is only price returns, however current distribu...
by corn18
Fri Aug 16, 2019 7:23 am
Forum: Investing - Theory, News & General
Topic: Treasury 2-10 year yield curve has inverted!
Replies: 106
Views: 9530

Re: Treasury 2-10 year yield curve has inverted!

Printing money would certainly drive up inflation, right? Seems a lot easier than lowering rates and getting into a recession. :twisted:
by corn18
Wed Aug 14, 2019 6:24 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 11854
Views: 2027129

Re: U.S. stocks in free fall

jibantik wrote:
Wed Aug 14, 2019 6:18 pm
Prediction: Nobody knows nothing. 8-)
Image
by corn18
Wed Aug 14, 2019 5:08 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 11854
Views: 2027129

Re: U.S. stocks in free fall

Tigermoose wrote:
Wed Aug 14, 2019 4:49 pm
Maybe things will get bad enough so that I can refinance my mortgage to a far lower interest rate. Glass half full. :sharebeer
I haven't seen any appreciable change in mortgage rates even though the 10Y has dropped from 2.00 to 1.60. Very frustrating.
by corn18
Wed Aug 14, 2019 2:52 pm
Forum: Investing - Theory, News & General
Topic: Treasury 2-10 year yield curve has inverted!
Replies: 106
Views: 9530

Re: Treasury 2-10 year yield curve has inverted!

gotta say, I don’t think anything good comes from watching CNBC. :wink: I have my reasons and it isn't about inverted yield curves. This just in from Bank of Amearica. The U.S. Treasury 2-10 year yield curve inverted and that means stocks are on ‘borrowed time,’ says BAML This is not unlike the wea...
by corn18
Wed Aug 14, 2019 9:48 am
Forum: Investing - Theory, News & General
Topic: Treasury 2-10 year yield curve has inverted!
Replies: 106
Views: 9530

Re: Treasury 2-10 year yield curve has inverted!

It's un-inverted! The Re-Un-Inversioning is upon us! I can hear the hoof beats of the Four Horsemen of the Economocalypse! RRRRUUUUUNNNNNN!!!! This has caused the Iron Maiden song paying in my head to change from "Run To The Hills" to "The Trooper." Ah, the 80's. I'm feeling "Die with your Boots On...
by corn18
Wed Aug 14, 2019 9:43 am
Forum: Investing - Theory, News & General
Topic: Treasury 2-10 year yield curve has inverted!
Replies: 106
Views: 9530

Re: Treasury 2-10 year yield curve has inverted!

For the younger crowd who may not have heard of Iron Maiden (link to the song on YT):

https://youtu.be/86URGgqONvA?t=69
by corn18
Wed Aug 14, 2019 7:10 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 11854
Views: 2027129

Re: U.S. stocks in free fall

10Y-2Y is now inverted for the first time since 2008-2009.
by corn18
Tue Aug 06, 2019 8:46 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 11854
Views: 2027129

Re: U.S. stocks in free fall

H-Town wrote:
Tue Aug 06, 2019 8:32 am
What would you do on a dead cat bounce today?
Watch my AA drift back to where it was a week ago.
by corn18
Thu Jul 25, 2019 1:55 pm
Forum: Investing - Theory, News & General
Topic: Why do people believe stocks / bonds are not correlated?
Replies: 33
Views: 2427

Re: Why do people believe stocks / bonds are not correlated?

Wow, that looks like some of the data I collected on my test hops. But being a great test pilot, I could always find a line somewhere in the dots :sharebeer

Image
by corn18
Tue Jul 23, 2019 4:21 pm
Forum: Personal Finance (Not Investing)
Topic: Buy a new car now or wait: what's the math say?
Replies: 57
Views: 5062

Re: Buy a new car now or wait: what's the math say?

Another Update:

Drove the X3 3.0 and M40i. Guess which one she likes (me too!). The M40i. Drives very nice with the adaptive M suspension. And the 6 cylinder turbo is more than adequate.

Configuration set, go in to order tomorrow. Supposedly a 3 week build time.
by corn18
Sat Jul 20, 2019 9:59 pm
Forum: Personal Finance (Not Investing)
Topic: Buy a new car now or wait: what's the math say?
Replies: 57
Views: 5062

Re: Buy a new car now or wait: what's the math say?

UPDATE:

Went and drove a bunch of cars today. She likes the X3 the best.
by corn18
Fri Jul 19, 2019 1:38 pm
Forum: Personal Investments
Topic: Journey to retiring at 52.
Replies: 14
Views: 1961

Re: Journey to retiring at 52.

Rich, broke or dead?

Image

Here's the link if you want to play around with other scenarios:

https://engaging-data.com/will-money-last-retire-early/
by corn18
Wed Jul 17, 2019 5:24 pm
Forum: Investing - Theory, News & General
Topic: Fidelity Expands Their Index Fund Lineup
Replies: 70
Views: 8961

Re: Fidelity Expands Their Index Fund Lineup

Just bought $10k in my taxable account. I have FTABX in there now with capital gains, so I guess this will be my new taxable bond fund.
by corn18
Tue Jul 16, 2019 8:09 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 11854
Views: 2027129

Re: U.S. stocks in free fall

AerialWombat wrote:
Tue Jul 16, 2019 7:59 pm
J G Bankerton wrote:
Tue Jul 09, 2019 1:51 pm
True but we can't get a good free-fall going.
S&P500 down 10pts today. The free fall has begun! 8-)
This free fall?

Image

Or this one?

Image
by corn18
Tue Jul 16, 2019 8:07 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedore: Are TIPS Cheap?
Replies: 5
Views: 949

Re: Larry Swedore: Are TIPS Cheap?

So, my 401k has DODIX (Dodge and Cox Income, 0.42% ER) or VIPIX (Vanguard TIPS fund, 0.07% ER). Why do I have all my 40% bond AA in DODIX?
by corn18
Tue Jul 16, 2019 7:31 pm
Forum: Personal Investments
Topic: Switching from passive to active management
Replies: 106
Views: 8460

Re: Switching from passive to active management

Dang, I would love to buy some of their shares (Bessemer Trust). Privately held company and they publish an annual report with financials. They make a LOT of money and make no bones about it in their annual report. But they did turn down BM when he was courting them in 1997 because he seemed shady ...
by corn18
Tue Jul 16, 2019 7:25 pm
Forum: Personal Investments
Topic: Switching from passive to active management
Replies: 106
Views: 8460

Re: Switching from passive to active management

Dang, I would love to buy some of their shares (Bessemer Trust). Privately held company and they publish an annual report with financials. They make a LOT of money and make no bones about it in their annual report. But they did turn down BM when he was courting them in 1997 because he seemed shady ...
by corn18
Tue Jul 16, 2019 7:12 pm
Forum: Personal Investments
Topic: Switching from passive to active management
Replies: 106
Views: 8460

Re: Switching from passive to active management

Dang, I would love to buy some of their shares (Bessemer Trust). Privately held company and they publish an annual report with financials. They make a LOT of money and make no bones about it in their annual report. But they did turn down BM when he was courting them in 1997 because he seemed shady a...
by corn18
Tue Jul 16, 2019 8:59 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 1431
Views: 139991

Re: U.S. stocks continue to soar!

Well, someone is spending money (at least in the U.S.). If wages aren't going up, then it must be from debt, right? corn18, We know how the story ended last time. So, it will be same again this time. KlangFool The data would seem to support your hypothesis: http://www.early-retirement.org/forums/me...
by corn18
Tue Jul 16, 2019 8:46 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 1431
Views: 139991

Re: U.S. stocks continue to soar!

Well, someone is spending money (at least in the U.S.). If wages aren't going up, then it must be from debt, right? CNBC "U.S. retail sales increased more than expected in June, pointing to strong consumer spending, which could help to blunt some of the hit on the economy from weak business investme...
by corn18
Tue Jul 16, 2019 8:17 am
Forum: Investing - Theory, News & General
Topic: Fidelity Expands Their Index Fund Lineup
Replies: 70
Views: 8961

Re: Fidelity Expands Their Index Fund Lineup

Awesome sauce! Will watch the muni fund and probably move my FTABX over to that in my taxable account.
by corn18
Tue Jul 16, 2019 8:13 am
Forum: Personal Finance (Not Investing)
Topic: Fidelity as a one stop shop
Replies: 941
Views: 105238

Re: Fidelity as a one stop shop

FZDXX is 2.26% 7 day yield (0.3% ER). $100k minimum but once you buy $100k, there is no minimum. That's what I use @ FIDO.
by corn18
Mon Jul 15, 2019 7:01 pm
Forum: Investing - Theory, News & General
Topic: Schwab in talks to buy USAA Wealth/Brokerage
Replies: 5
Views: 941

Re: Schwab/USAA $2B deal

What did Victory Capital buy then?
by corn18
Mon Jul 15, 2019 3:28 pm
Forum: Personal Investments
Topic: What asset class is gold?
Replies: 41
Views: 2867

Re: What asset class is gold?

As an update from OP: I lost my willpower and cancelled the order with APMEX. Cost me $35 to cancel.
by corn18
Sun Jul 14, 2019 7:44 pm
Forum: Personal Consumer Issues
Topic: I think i can spend 30k on this vacation, but wife not sure
Replies: 77
Views: 7427

Re: I think i can spend 30k on this vacation, but wife not sure

Why are you spending so little? Ours is $60k and we didn't get the private jet.
by corn18
Sun Jul 14, 2019 5:56 pm
Forum: Personal Consumer Issues
Topic: Automatic Watches
Replies: 92
Views: 5486

Re: Automatic Watches

Just got this one today for $22. Way cool retro vibe.

Image
by corn18
Fri Jul 12, 2019 9:27 pm
Forum: Personal Investments
Topic: What asset class is gold?
Replies: 41
Views: 2867

Re: What asset class is gold?

Got it. I will hold it outside my 60/40 AA. Since 1972, a 60/40 U.S. portfolio had a safe withdrawal rate of 4.5%. Had 50% of the fixed income been alotted to gold (i.e. a 60/20/20 AA), the SWR was 5.4%. Just sayin'. I wish I could say I had a rational reason for buying gold. In reality, it will be...
by corn18
Fri Jul 12, 2019 9:17 pm
Forum: Personal Investments
Topic: What asset class is gold?
Replies: 41
Views: 2867

Re: What asset class is gold?

Got it. I will hold it outside my 60/40 AA.
by corn18
Fri Jul 12, 2019 8:46 pm
Forum: Personal Investments
Topic: What asset class is gold?
Replies: 41
Views: 2867

What asset class is gold?

I own physical gold that is 9% of my portfolio. I want a 60/40 portfolio. But where does gold go? Is it equity or bond? Or should it sit outside the 60/40 as its own entity? i.e. the 91% would be 60/40 and gold will be gold.

Over / under is 2 posts (before someone asks me why I own gold)
by corn18
Fri Jul 12, 2019 3:18 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 1431
Views: 139991

Re: U.S. stocks continue to soar!

robertmcd wrote:
Fri Jul 12, 2019 3:15 pm
I just quit my job at 25, and I am 100% invested in UPRO 3x leveraged S&P! This baby has room to run!
I'm thinking about going long on a 3x leverage VIX. Or is that short?
by corn18
Fri Jul 12, 2019 3:01 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 1431
Views: 139991

Re: U.S. stocks continue to soar!

Thought this thread would be more active today. Everyone must be busy rebalancing.
by corn18
Fri Jul 12, 2019 1:37 pm
Forum: Personal Consumer Issues
Topic: Automatic Watches
Replies: 92
Views: 5486

Re: Automatic Watches

Clearly quartz watches and cell phones give better time than mechanical watches. Quartz was what I wore until my 25 th anniversary in 2003. DW had saved $25 a week for 25 years and bought me a gold Rolex (they cost much less 16 years ago than now). Clearly I did not have 25 years to save up for her...
by corn18
Fri Jul 12, 2019 1:17 pm
Forum: Personal Consumer Issues
Topic: Automatic Watches
Replies: 92
Views: 5486

Re: Automatic Watches

Isn't that Casio W-217H the "terrorist watch?" Casio F91 was the watch worn by Bin Laden I had an F-91 for a while but it was too small. The W-217H is a larger version of the F-91 and my weekend watch. You have a lot of great watches, but you need to up your seiko game :sharebeer I have looked at t...
by corn18
Fri Jul 12, 2019 12:39 pm
Forum: Personal Consumer Issues
Topic: Automatic Watches
Replies: 92
Views: 5486

Re: Automatic Watches

robertmcd wrote:
Fri Jul 12, 2019 12:32 pm
ncbill wrote:
Fri Jul 12, 2019 12:08 pm
Isn't that Casio W-217H the "terrorist watch?"
Casio F91 was the watch worn by Bin Laden
I had an F-91 for a while but it was too small. The W-217H is a larger version of the F-91 and my weekend watch.
by corn18
Fri Jul 12, 2019 10:33 am
Forum: Personal Consumer Issues
Topic: Automatic Watches
Replies: 92
Views: 5486

Re: Automatic Watches

I love my mechanicals, but I wear my Casio 90% of the time. I, too, like to know the correct time and do not have my phone on me 24/7. And mechanicals can be a disease. I went through a phase a while ago and bought a lot of them. My collection now is much smaller. Current: http://www.early-retiremen...
by corn18
Thu Jul 11, 2019 5:58 pm
Forum: Investing - Theory, News & General
Topic: Fidelity Expands Their Index Fund Lineup
Replies: 70
Views: 8961

Re: Fidelity Expands Their Index Fund Lineup

The SEC filings showed a go live date of 2021.
by corn18
Thu Jul 11, 2019 3:45 pm
Forum: Non-US Investing
Topic: Have recently acquired lump sum to invest [UK]
Replies: 17
Views: 967

Re: Have recently acquired lump sum to invest [UK]

Might be a good time to write an IPS. Then follow it. I have been battling my emotions this year due to a large windfall. It sat in savings for a bit while I read my IPS. Now it is in a MM account inside my after tax retirement account. I move 1/3 into my 60/40 allocation. Now I am getting ready to ...
by corn18
Thu Jul 11, 2019 2:55 pm
Forum: Personal Finance (Not Investing)
Topic: Buy a new car now or wait: what's the math say?
Replies: 57
Views: 5062

Re: Buy a new car now or wait: what's the math say?

I checked out the CX-5 Signature today. Very nice car and a great value. It is $20k cheaper than a similarly equipped german. And the long term maintenance costs should be affordable. Now I need to find a way to get my wife to agree! I think a lot of posters have gotten the math wrong. Their compar...
by corn18
Thu Jul 11, 2019 12:48 pm
Forum: Personal Consumer Issues
Topic: Automatic Watches
Replies: 92
Views: 5486

Re: Automatic Watches

Pick which one you think is the better watch: This $19 Timex is not mechanical and is accurate to 10s / year: http://www.early-retirement.org/forums/members/35183-albums227-picture1948.jpg This $46,000 A. Lange Sohne is mechanical and is accurate to 3 sec/day: http://www.early-retirement.org/forums/...
by corn18
Thu Jul 11, 2019 12:37 pm
Forum: Personal Finance (Not Investing)
Topic: Buy a new car now or wait: what's the math say?
Replies: 57
Views: 5062

Re: Buy a new car now or wait: what's the math say?

I checked out the CX-5 Signature today. Very nice car and a great value. It is $20k cheaper than a similarly equipped german. And the long term maintenance costs should be affordable. Now I need to find a way to get my wife to agree!
by corn18
Tue Jul 09, 2019 4:18 pm
Forum: Investing - Theory, News & General
Topic: Fidelity Expands Their Index Fund Lineup
Replies: 70
Views: 8961

Re: Fidelity Expands Their Index Fund Lineup

FMBIX @ 0.07% ER looks a lot better than the FTABX (0.46% ER) I am holding in my taxable account. Yeah FIDO! Just a note that FTABX net expense is .25 bp currently, and I hold a lot as well, but FMBIX is likely to become my fund for new money. Corn 18: Good catch! Jbranx said: I like what I see in ...
by corn18
Tue Jul 09, 2019 4:02 pm
Forum: Investing - Theory, News & General
Topic: Fidelity Expands Their Index Fund Lineup
Replies: 70
Views: 8961

Re: Fidelity Expands Their Index Fund Lineup

FMBIX @ 0.07% ER looks a lot better than the FTABX (0.46% ER) I am holding in my taxable account. Yeah FIDO!
by corn18
Tue Jul 09, 2019 3:47 pm
Forum: Personal Finance (Not Investing)
Topic: Buy a new car now or wait: what's the math say?
Replies: 57
Views: 5062

Re: Buy a new car now or wait: what's the math say?

Thanks to all for the valuable input. I got the answer to my question. The depreciation of the new car is what I was not accounting for. Her itch is not severe. She has a fun car, too (BMW Z4),so it's not like she is suffering. I also hadn't considered the drag of having $50k sitting in cash for all...
by corn18
Tue Jul 09, 2019 2:22 pm
Forum: Personal Finance (Not Investing)
Topic: Buy a new car now or wait: what's the math say?
Replies: 57
Views: 5062

Re: Buy a new car now or wait: what's the math say?

That Acura will stay on the road until you get sick of it. We still have our 2007 Honda Pilot, was my wife's before and now our 16-yr old has it. Wife got a Volvo XC90 , highly recommended. Costs less than Audi/BMW, best vehicle we've ever owned. Look good, drives great, plenty of bells & whistles,...
by corn18
Tue Jul 09, 2019 1:34 pm
Forum: Personal Finance (Not Investing)
Topic: Buy a new car now or wait: what's the math say?
Replies: 57
Views: 5062

Re: Buy a new car now or wait: what's the math say?

Olemiss540 wrote:
Tue Jul 09, 2019 1:25 pm
Sorry OP.will quit derailing this thread with pointless bantering and good luck on your vehicle search!
Not derailing at all. I am reading all of this with great interest. Fingers crossed she likes the CX-5. But she has the budget for any 2 row she wants that isn't an M or SQ type.
by corn18
Mon Jul 08, 2019 4:25 pm
Forum: Personal Finance (Not Investing)
Topic: Buy a new car now or wait: what's the math say?
Replies: 57
Views: 5062

Re: Buy a new car now or wait: what's the math say?

Is she looking to replace it with another MDX? The current one is near the end of its cycle (it was redesigned for model year 2014), so I probably wouldn't get another MDX right now - in a year or two it will look "old" again. (That doesn't matter to everyone, but it seems to matter for your wife.)...
by corn18
Mon Jul 08, 2019 4:14 pm
Forum: Personal Finance (Not Investing)
Topic: Buy a new car now or wait: what's the math say?
Replies: 57
Views: 5062

Re: Buy a new car now or wait: what's the math say?

Well, my wife is driving a perfectly good 2011 Acura MDX that has 130,000 miles on it. We have had enough set aside to buy a new one for the last 3 years. It has been sitting in FZDXX earning around 2.2%. She is getting the itch for a new car, and I am having trouble figuring out why she should wai...