Search found 1597 matches

by corn18
Tue Mar 03, 2020 10:24 am
Forum: Investing - Theory, News & General
Topic: What if Fed cut doesn't work?
Replies: 137
Views: 6490

Re: What if Fed cut doesn't work?

Why would it work? I can't even guess what relationship the Fed funds rate has to do with the corona virus other than the emotional side of the market. I'll take it though because we are waiting to lock in a mortgage on our new house. I was just going to pay cash but jeesh, if they hit 2.75% for 30 ...
by corn18
Fri Feb 28, 2020 9:19 pm
Forum: Investing - Theory, News & General
Topic: Anybody want to guess the bottom of this "dip"?
Replies: 573
Views: 37752

Re: Anybody want to guess the bottom of this "dip"?

22% from the high (S&P500). And a recession but not a long lived one.
by corn18
Thu Feb 27, 2020 6:12 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 18802
Views: 2628474

Re: U.S. stocks in free fall

Well, my bonus and RSU's vest in a couple of weeks, so I guess if it's going to correct, might as well be right before than right after I dump it all into the market.
by corn18
Mon Feb 24, 2020 7:12 pm
Forum: Investing - Theory, News & General
Topic: HEDGEFUNDIE's excellent adventure Part II: The next journey
Replies: 4907
Views: 424194

Re: HEDGEFUNDIE's excellent adventure Part II: The next journey

In to follow. Replying is so much more better and easier to follow than subscribing.
by corn18
Mon Feb 24, 2020 5:53 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 18802
Views: 2628474

Re: U.S. stocks in free fall

nydoc wrote:
Mon Feb 24, 2020 5:51 pm
Glad to see so many market timers. That means passive stay the course investment will keep its edge for now. I pray for more and more market timing by others. Amen.
Even stupid price discovery is good for us passive indexers.
by corn18
Mon Feb 24, 2020 5:47 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 18802
Views: 2628474

Re: U.S. stocks in free fall

CULater wrote:
Mon Feb 24, 2020 5:08 pm
Just in case you were wondering, today's loss of 1031.61 on the DOW was the third largest in history (in points):

Image
Eureka! Any year that ends in an 8 will suck.
by corn18
Mon Feb 24, 2020 1:54 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 18802
Views: 2628474

Re: U.S. stocks in free fall

I decided it was time to buy so I ordered a car wash mit and cell phone holder off Amazon with free next day delivery. Might buy some socks later on, too.
by corn18
Mon Feb 24, 2020 1:41 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 18802
Views: 2628474

Re: U.S. stocks in free fall

Every year should be like 2017.

Image
by corn18
Mon Feb 24, 2020 1:22 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 18802
Views: 2628474

Re: U.S. stocks in free fall

We are buying a house and this will help with the mortgage vs. invest question. Hoping to get a 30 year fixed @ 2.75%. I won't pay that off early. Wow, are these the offered rates or prediction? I think I have seen 3.25 this morning and may be 3 with relationship discount. Bankrate has popped 2.75%...
by corn18
Mon Feb 24, 2020 1:17 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 18802
Views: 2628474

Re: U.S. stocks in free fall

We are buying a house and this will help with the mortgage vs. invest question. Hoping to get a 30 year fixed @ 2.75%. I won't pay that off early.
by corn18
Mon Feb 24, 2020 12:16 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 18802
Views: 2628474

Re: U.S. stocks in free fall

My retirement plan can handle a 60% drop in equities before I need to make any significant changes. Let's hope we aren't headed for that.
by corn18
Mon Feb 24, 2020 12:10 pm
Forum: Personal Consumer Issues
Topic: Best watch for around $5,000?
Replies: 1406
Views: 318989

Re: Best watch for around $5,000?

I have a question for those who buy high end watches as an investment: Increasing numbers of younger people don't wear wrist watches. Instead they're using their phones and smartwatches/fitness bands to get the time. What impact do you think this trend will have on the future resale values of high-...
by corn18
Mon Feb 24, 2020 10:18 am
Forum: Personal Consumer Issues
Topic: Best watch for around $5,000?
Replies: 1406
Views: 318989

Re: Best watch for around $5,000?

I don't think people are buying Apple watches instead of $5,000 watches. I think a lot of people that weren't wearing watches are now buying Apple watches. I don't have one yet, but probably will.
by corn18
Sun Feb 23, 2020 7:09 pm
Forum: Personal Consumer Issues
Topic: Best watch for around $5,000?
Replies: 1406
Views: 318989

Re: Best watch for around $5,000?

Puretaxableindexer wrote:
Sun Feb 23, 2020 6:50 pm
I don't wear a watch anymore, I use my phone as my watch.
Well, at least the phone has only been mentioned 40 times. :oops:
by corn18
Sun Feb 23, 2020 5:11 pm
Forum: Personal Consumer Issues
Topic: Best watch for around $5,000?
Replies: 1406
Views: 318989

Re: Best watch for around $5,000?

75-100 years ago an expensive watch was much more accurate and reliable than a cheap watch. That is no longer the case. All these posts waxing poetic about the wonders of an expensive watch would make more sense if buying an expensive watch actually still resulted in the buyer owning a watch that w...
by corn18
Sun Feb 23, 2020 2:41 pm
Forum: Personal Consumer Issues
Topic: Best watch for around $5,000?
Replies: 1406
Views: 318989

Re: Best watch for around $5,000?

I have noticed that there's a significant minority of Bogleheads engage in a kind of status competition where the they like to deride spending of others as "insufficiently frugal". It's not enough to live below your means and invest in diversified, low-cost index funds; if you also have to abstain ...
by corn18
Sun Feb 23, 2020 11:02 am
Forum: Personal Consumer Issues
Topic: Best watch for around $5,000?
Replies: 1406
Views: 318989

Re: Best watch for around $5,000?

Where's the thread on engagement rings? Men don't usually wear diamond rings, and the resale value on a Rolex is much better than a ring. My wife's ring "appraised" at 13k but is likely worth about 1k (paid 4k.) My watch would sell for what I paid for it. My father-in-law paid $150 for his Tudor (s...
by corn18
Sun Feb 23, 2020 10:17 am
Forum: Investing - Theory, News & General
Topic: 4% SWR: It is not a rule and it is not safe (anymore).
Replies: 273
Views: 18834

Re: 4% SWR: It is not a rule and it is not safe (anymore).

Seems to be a few people on here that have it all figured out. Wonder why they waste their time on a bogleheads forum? \
by corn18
Sat Feb 22, 2020 9:59 am
Forum: Personal Finance (Not Investing)
Topic: Net present value of mortgage considering inflation
Replies: 28
Views: 1569

Re: Mortgage vs no mortgage break even w/ inflation

Thank you for the explanation. I am not looking at it from an invest vs. mortgage POV. I am looking at it in cost of buying a home in today's dollars (NPV). That's it. Once I get this math straight, then I can move on to the other aspects of invest vs. mortgage. $100,000 mortgage, any length of tim...
by corn18
Sat Feb 22, 2020 9:36 am
Forum: Personal Finance (Not Investing)
Topic: Net present value of mortgage considering inflation
Replies: 28
Views: 1569

Re: Mortgage vs no mortgage break even w/ inflation

You have to ask your self if you know for 100% sure if you could year after year get 3% return on that money. The answer is no. Some years, it will be less. My question has nothing to do with returns. It has everything to do with NPV of money. Conflating the two gets emotional. I don't need any ret...
by corn18
Sat Feb 22, 2020 9:25 am
Forum: Personal Finance (Not Investing)
Topic: Net present value of mortgage considering inflation
Replies: 28
Views: 1569

Re: Mortgage vs no mortgage break even w/ inflation

If the mortgage rate = inflation rate then the NPV of what I paid for the house is the same. If that statement is true, then I can start running my what ifs considering the myriad other variables I should consider. A minor quibble, but the cost of the mortgage is separate from the value of the home...
by corn18
Sat Feb 22, 2020 9:12 am
Forum: Personal Finance (Not Investing)
Topic: Net present value of mortgage considering inflation
Replies: 28
Views: 1569

Re: Mortgage vs no mortgage break even w/ inflation

I will point out that your “real” rate is nominal (3%) - inflation. So if you assume 3% inflation than your real rate is zero. Inflation is expected/ estimated to run well below that but who knows what the future will bring. Question- will you have to pay PMI or other frees? While technically not i...
by corn18
Sat Feb 22, 2020 9:02 am
Forum: Personal Finance (Not Investing)
Topic: Net present value of mortgage considering inflation
Replies: 28
Views: 1569

Re: Mortgage vs no mortgage break even w/ inflation

This is what bankrate is showing (I am eligible for VA and the lender is covering the funding fee):

Image
by corn18
Sat Feb 22, 2020 8:37 am
Forum: Personal Finance (Not Investing)
Topic: Net present value of mortgage considering inflation
Replies: 28
Views: 1569

Re: Mortgage vs no mortgage break even w/ inflation

Thank you for the explanation. I am not looking at it from an invest vs. mortgage POV. I am looking at it in cost of buying a home in today's dollars (NPV). That's it. Once I get this math straight, then I can move on to the other aspects of invest vs. mortgage. $100,000 mortgage, any length of time...
by corn18
Fri Feb 21, 2020 4:10 pm
Forum: Personal Finance (Not Investing)
Topic: Net present value of mortgage considering inflation
Replies: 28
Views: 1569

Net present value of mortgage considering inflation

This is blowing my mind and need the help of the BH scholars. If I have a mortgage @ 3% and inflation is 3%, at the end of the mortgage I am in the same place as if I had paid cash, correct? (all else being equal: no tax deductions, no real earnings on money I would have used to pay cash, SORR, etc....
by corn18
Wed Feb 12, 2020 1:29 pm
Forum: Personal Consumer Issues
Topic: Best watch for around $5,000?
Replies: 1406
Views: 318989

Re: Best watch for around $5,000?

I have a few Rolexes. All of them are worth more than I paid for them after years of enjoyment and use. I don't mind paying for luxury items that have utility and hold their value. It certainly seems to be another type diversifier for me. They may not be Pateks or Piguets but I hope to pass them on...
by corn18
Wed Feb 12, 2020 1:27 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 5628
Views: 481728

Re: U.S. stocks continue to soar!

My 401k contributions started up again and they are all going to a total bond fund. Can't quite keep up with this silly equity market, though. Barely holding inside my 5% rebalance band.
by corn18
Sun Feb 09, 2020 10:13 am
Forum: Personal Consumer Issues
Topic: What do you/did you spend your bonus on?
Replies: 103
Views: 7946

Re: What do you/did you spend your bonus on?

We used to spend our annual 6 figure bonus, mostly to pay off debt from things we bought the previous year (cars, campers, boats, horses, horse trailers, vacations and who knows what else). But we were idiots and weren't saving anything. So you are light years ahead of us. My IPS now says we have t...
by corn18
Sun Feb 09, 2020 10:06 am
Forum: Personal Consumer Issues
Topic: What do you/did you spend your bonus on?
Replies: 103
Views: 7946

Re: What do you/did you spend your bonus on?

We used to spend our annual 6 figure bonus, mostly to pay off debt from things we bought the previous year (cars, campers, boats, horses, horse trailers, vacations and who knows what else). But we were idiots and weren't saving anything. So you are light years ahead of us. My IPS now says we have to...
by corn18
Sat Feb 08, 2020 7:26 pm
Forum: Investing - Theory, News & General
Topic: Bitcoin Talk
Replies: 59
Views: 7611

Re: Bitcoin Talk

Bitcoin is here to stay folks. It goes up, it goes down but it's still worth something. It was maybe 5% of my portfolio at first but has ballooned up to 33% now. You can explain it thousands of times but you either get hate or people that dont value it as much as you do. I think investors that are ...
by corn18
Fri Feb 07, 2020 3:57 pm
Forum: Personal Finance (Not Investing)
Topic: Losing a job in your 50's...
Replies: 451
Views: 68405

Re: Losing a job in your 50's...

I would like to get laid off @ age 55 (next year). Don't want to be fired, want to be RIF'd (I have a nice executive separation package in writing). How do I do that? Can you just let them know that you're volunteering to be RIF'd? You leave on friendly terms, your reputation is intact, and they av...
by corn18
Fri Feb 07, 2020 3:48 pm
Forum: Personal Finance (Not Investing)
Topic: Losing a job in your 50's...
Replies: 451
Views: 68405

Re: Losing a job in your 50's...

I would like to get laid off @ age 55 (next year). Don't want to be fired, want to be RIF'd (I have a nice executive separation package in writing). How do I do that? 1) Do the opposite of whatever that makes you successful. Learn to be a Wally in Dilbert. 2) But, why would you want to do that afte...
by corn18
Fri Feb 07, 2020 3:23 pm
Forum: Personal Finance (Not Investing)
Topic: Losing a job in your 50's...
Replies: 451
Views: 68405

Re: Losing a job in your 50's...

I would like to get laid off @ age 55 (next year). Don't want to be fired, want to be RIF'd (I have a nice executive separation package in writing). How do I do that? 1) Do the opposite of whatever that makes you successful. Learn to be a Wally in Dilbert. 2) But, why would you want to do that afte...
by corn18
Fri Feb 07, 2020 3:14 pm
Forum: Personal Finance (Not Investing)
Topic: Losing a job in your 50's...
Replies: 451
Views: 68405

Re: Losing a job in your 50's...

I would like to get laid off @ age 55 (next year). Don't want to be fired, want to be RIF'd (I have a nice executive separation package in writing). How do I do that?
by corn18
Wed Feb 05, 2020 8:30 pm
Forum: Personal Finance (Not Investing)
Topic: who do you bank with and why?
Replies: 97
Views: 6934

Re: who do you bank with and why?

I read through most of the fidelity thread which was a good one. A one stop shop is certainly attractive in many ways. For those who are taking this approach, how do you feel about their total fee structure, and how much do you have with them? We have $1M+ with them. 401k, Roths, taxable, cash mana...
by corn18
Wed Feb 05, 2020 2:51 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 5628
Views: 481728

Re: U.S. stocks continue to soar!

A 60/40 portfolio and a 4% WR = 10 years of fixed income. Never rebalance and hope you always recover before your FI runs out. That's my plan.
by corn18
Tue Feb 04, 2020 11:17 pm
Forum: Personal Consumer Issues
Topic: Parents' would like fabulous 80th birthday family trip
Replies: 33
Views: 3586

Re: Parents' would like fabulous 80th birthday family trip

If you choose a house, be sure the division of labor is set ahead. Who is preparing food and who is cleaning up? We didn't do this the first time, so I thought I would share the lesson. I would hire someone to cook and clean and stock the house. Unless you enjoy doing those things as a family (whic...
by corn18
Tue Feb 04, 2020 10:57 pm
Forum: Personal Consumer Issues
Topic: Parents' would like fabulous 80th birthday family trip
Replies: 33
Views: 3586

Re: Parents' would like fabulous 80th birthday family trip

What time of year? I ask because West Michigan is one of the most fantastic places we have ever vacationed (in the summer). No kidding. I am a Buckeye, born and raised, and as such, I hate MI. But I got a job in Ann Arbor and my wife and I explored the state. The north west coast of the LP is like b...
by corn18
Tue Feb 04, 2020 11:06 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 5628
Views: 481728

Re: U.S. stocks continue to soar!

retiringwhen wrote:
Tue Feb 04, 2020 10:58 am
TheTimeLord wrote:
Tue Feb 04, 2020 10:56 am
abuss368 wrote:
Tue Feb 04, 2020 10:35 am
Glad we backed up the truck!
So if every day is a buy when do we sell?
when you need the money.
Or rebalance
by corn18
Wed Jan 29, 2020 4:02 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 18802
Views: 2628474

Re: U.S. stocks in free fall

UP! NO, DOWN! AHHHHHHHHHH!!!!!

Image
by corn18
Wed Jan 29, 2020 10:22 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 5628
Views: 481728

Re: U.S. stocks continue to soar!

Ho hum, another all time high for the Curly family portfolio. Really? That's surprising given we are below the 1/17 all time closing high (3,329.62) by roughly a percent. I have a very high risk tolerance. While most of our tax advantaged portfolio is in QQQ, there are some holdovers from the olden...
by corn18
Mon Jan 27, 2020 12:32 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 18802
Views: 2628474

Re: U.S. stocks in free fall

It does seem to bounce around a bit.

Image
by corn18
Mon Jan 27, 2020 10:01 am
Forum: Personal Finance (Not Investing)
Topic: 15yr vs 30yr mortgage
Replies: 33
Views: 2947

Re: 15yr vs 30yr mortgage

I like 30 year mortgages, especially at today's rates. 1. As stated, you can pay more, you can't pay less 2. If you get a low enough rate, it can be close to 0% real interest and if inflation kicks in, you could be making money. If your effective interest rate is equal to inflation, you get free mon...
by corn18
Fri Jan 24, 2020 3:51 pm
Forum: Personal Finance (Not Investing)
Topic: Prepping for retirement 3 yrs out - what to do?
Replies: 39
Views: 3759

Re: Prepping for retirement 3 yrs out - what to do?

Planning on the class of 2022 as well. Will be age 56, so planning my withdrawal strategy now. We have enough in taxable to get us to 59.5. I also have the rule of 55, so plan to convert my 401k to Roth up to the top of the 12% bracket. Our Roth will get quite large as we spend down taxable and conv...
by corn18
Fri Jan 24, 2020 3:37 pm
Forum: Personal Finance (Not Investing)
Topic: Moving: How much down and which mortgage term?
Replies: 12
Views: 807

Re: Moving: How much down and which mortgage term?

If I were you, I would do #3: 30 year conforming and decide what to do once the first house sells and you have the equity in your hands. We're in a similar situation except our current house is paid off (should net $700k from the sale). We are building a house for $700k (should be done in June). Pla...
by corn18
Mon Jan 13, 2020 6:11 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 5628
Views: 481728

Re: U.S. stocks continue to soar!

I'll leave this alone until the Unemployment rate make's a crossover on this chart. Plus I will start a new thread then. Its only then we can tell what is really trend following. The markets are in a very Bullish mood. https://i.postimg.cc/5N9qcX0g/UN2-v1.jpg Link to above chart. https://stockchart...
by corn18
Fri Jan 10, 2020 3:15 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 5628
Views: 481728

Re: U.S. stocks continue to soar!

I do not need to call the exact bottom, and in fact I don't even have to get close for this to be a good strategy. Lets suppose I am holding a major ETF (SPY, DIA, QQQ) in a rising market and put a 5% trailing stop on 100 shares. If the stop activates the market has dropped 5+% and I have cash equa...
by corn18
Fri Jan 10, 2020 12:02 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 5628
Views: 481728

Re: U.S. stocks continue to soar!

I do not need to call the exact bottom, and in fact I don't even have to get close for this to be a good strategy. Lets suppose I am holding a major ETF (SPY, DIA, QQQ) in a rising market and put a 5% trailing stop on 100 shares. If the stop activates the market has dropped 5+% and I have cash equa...
by corn18
Tue Jan 07, 2020 12:02 pm
Forum: Personal Finance (Not Investing)
Topic: Pension+dual SS will cover everything: keep saving?
Replies: 38
Views: 2399

Re: Pension+dual SS will cover everything: keep saving?

There are a lot of moving parts that make your situation unclear depending on what options you choose. I am in the same boat in that COLA pension + SS covers 100% of expenses at age 70. I have looked at this 9 ways to Sunday: bridge to SS, wait for bigger pension, spend less, spend more, death. It g...