Search found 153 matches

by MarkRoulo
Fri Jan 17, 2020 2:30 pm
Forum: Investing - Theory, News & General
Topic: Who is not "Most Investors"?
Replies: 35
Views: 2307

Re: Who is not "Most Investors"?

When I see reference to the Two Fund or Three Fund Portfolios, I often see them accompanied by language that says that they are the right choice for "most investors". I have a real question . . . I'm not being snarky. Who would fall outside of the category of "most investors" that would make a two ...
by MarkRoulo
Wed Jan 15, 2020 7:50 pm
Forum: Personal Consumer Issues
Topic: AAU basketball, college scholarships and career options/choices
Replies: 59
Views: 2367

Re: AAU basketball, college scholarships and career options/choices

I have a middle school kid who loves playing basketball. I am struggling to figure out how much time and money I should spend to support his basketball activity. AAU team fee and travel expense add up quickly. My time and energy are also limited. It seems many parents are motivated to spend on yout...
by MarkRoulo
Sat Jan 11, 2020 9:32 pm
Forum: Personal Investments
Topic: Question on the lost decade
Replies: 44
Views: 3789

Re: Question on the lost decade

If you were consistently investing during that time, great wealth was made during the recovery. I was glad that I never lost my job, but I do recall them canceling all pay raises twice in my career. Funny that they never did that to the executives! My employer put pay increases on hold (and eventua...
by MarkRoulo
Fri Jan 10, 2020 12:34 pm
Forum: Investing - Theory, News & General
Topic: Those who are 28 years and longer retired
Replies: 4
Views: 974

Re: Those who are 28 years and longer retired

This thread is an idea based on a current thread "How is your number defined". Those who have been retired from gainful employment for at least 28 years, can you please respond: ... Please don't respond if you have NOT been retired from gainful employment for a minimum of 28 years. ... 2) I retired...
by MarkRoulo
Wed Jan 01, 2020 3:39 pm
Forum: Investing - Theory, News & General
Topic: Why does rebalancing reduce total return?
Replies: 25
Views: 2749

Re: Why does rebalancing reduce total return?

If selling high and buying low increases returns, why does rebalancing decrease returns? EDIT: What about the case where you have a 100% stock portfolio and rebalancing is just between US and international stocks (or among factors like small cap/large cap, etc.)? Vanguard recommends annual rebalanc...
by MarkRoulo
Sat Dec 28, 2019 12:37 pm
Forum: Personal Finance (Not Investing)
Topic: White Coat Investor: Enough is Enough!
Replies: 289
Views: 30479

Re: White Coat Investor: Enough is Enough!

Top top marginal bracket in California is closer to 51% -- 37% Federal, 13% State, Medicare, SSI.... Getting to 45% total taxes is just a question of how far into 7 figures your W2 stretches....but it is not that uncommon in CA in IPO outcome years etc. In CA you would have to earn about $2.9 milli...
by MarkRoulo
Thu Dec 26, 2019 12:28 pm
Forum: Investing - Theory, News & General
Topic: Keeping Cash in High Yield savings or Banking Preferred shares
Replies: 7
Views: 548

Re: Keeping Cash in High Yield savings or Banking Preferred shares

I have a dilemma on how to invest cash (about 100K) that got accumulated into various savings accounts over period of time. I don't need to use this cash for next 2-3 years. This is over and above the my emergency cash funds. All this cash is sitting in High Yield Savings accounts returning about 1...
by MarkRoulo
Tue Dec 24, 2019 9:46 am
Forum: Non-US Investing
Topic: Does the effectiveness of International Diversification depend on how small your country's economy is?
Replies: 20
Views: 1238

Re: Does the effectiveness of International Diversification depend on how small your country's economy is?

I am living in India which is fifth largest economy in World according to Wikipedia and it is soon going to be third largest economy. I checked the correlations myself of Indian Stock Market with World Indexes and it is 0.7 and that is when country is only fifth largest economy. When it becomes thi...
by MarkRoulo
Thu Dec 19, 2019 1:25 pm
Forum: Investing - Theory, News & General
Topic: Bill Sharpe's preferred portfolio
Replies: 213
Views: 42106

Re: Bill Sharpe's preferred portfolio

But interestingly, Jones had this to say about a market portfolio: Since the market proportions represent the market's consensus view of the value of each asset class, a fixed-proportion strategy like the 70 percent equity and 30 percent bond portfolio is inherently a market timing bet. If you beli...
by MarkRoulo
Sun Dec 15, 2019 1:07 pm
Forum: Personal Finance (Not Investing)
Topic: Xfinity cost comparison?
Replies: 30
Views: 1743

Re: Xfinity cost comparison?

Wanted to get a sense of what other BHs are paying Xfinity for monthly internet. Our rates which were stable at $80/mo (for 300 mbps) have jumped suddenly without notice or explanation to $102/month and I wanted to get a sense of what others are paying before I call, threaten to cancel, negotiate d...
by MarkRoulo
Sun Dec 15, 2019 9:25 am
Forum: Personal Finance (Not Investing)
Topic: Xfinity cost comparison?
Replies: 30
Views: 1743

Re: Xfinity cost comparison?

Wanted to get a sense of what other BHs are paying Xfinity for monthly internet. Our rates which were stable at $80/mo (for 300 mbps) have jumped suddenly without notice or explanation to $102/month and I wanted to get a sense of what others are paying before I call, threaten to cancel, negotiate d...
by MarkRoulo
Tue Nov 26, 2019 6:01 pm
Forum: Personal Consumer Issues
Topic: Parents Living Well Diminish Children's Motivation in Life?
Replies: 54
Views: 2956

Re: Parents Living Well Diminish Children's Motivation in Life?

I had an interesting conversation with a friend. He mentioned an upcoming trip to Europe with the family. Him and the wife were well traveled before kids and this is their first overseas trip with their teenagers. He told me that they purposely waited 15 years to go back to Europe because they don'...
by MarkRoulo
Thu Nov 14, 2019 2:53 pm
Forum: Investing - Theory, News & General
Topic: Why would a CPFA recommend high fee funds?
Replies: 37
Views: 1633

Re: Why would a CPFA recommend high fee funds?

I would definitely voice concern to HR, etc. I did. HR is asking me to talk to this guy about what I recommend. I'm sure he will say my low fee funds are no good. You might want to focus on the S&P500 index fund. Vanguard offers one with a 0.04% expense ratio (vs the one in your plan at 0.54%). I d...
by MarkRoulo
Thu Nov 07, 2019 2:54 pm
Forum: Investing - Theory, News & General
Topic: US Bonds in free fall
Replies: 46
Views: 4934

Re: US Bonds in free fall

I am at a loss why the 10 year Treasury is heading on it's way to breach 2% when the German 10 year Bund is currently yielding -0.24%. How exactly can this staggering divergence be sustainable? November 2019 Euro/Dollar futures seem to be around 1.10-1.11 December 2020 Euro/Dollar futures seem to b...
by MarkRoulo
Thu Oct 31, 2019 6:52 am
Forum: Personal Investments
Topic: Afraid to take the leap
Replies: 48
Views: 6306

Re: Afraid to take the leap

Hello I'm just at the beginning of my investment career. I made some lifestyle changes to increase my savings-rate to around 2000-2500$/month. I didn't save much till now (~15k available cash for investing), but that will change from now on. My IBKR account is now ready and I would like to invest i...
by MarkRoulo
Sun Oct 27, 2019 2:44 pm
Forum: Personal Consumer Issues
Topic: Is this new to engineering job hunting?
Replies: 33
Views: 4442

Re: Is this new to engineering job hunting?

My son was graduated as an electrical engineer/minor in mathematics this past spring and was able to obtain a job right away at where he was interned, but its an intern job not a full time. He discovered that many engineers he works with are consultants, a few of them left the company and a few of ...
by MarkRoulo
Fri Oct 18, 2019 2:26 pm
Forum: Investing - Theory, News & General
Topic: Pensions - Why Isn't Time In the Market a Part of the Formula?
Replies: 30
Views: 4019

Re: Pensions - Why Isn't Time In the Market a Part of the Formula?

Something I have wondered a long time. Consider the following scenario: I am a CalPERS member in my 20s on the 2% at 62 formula. If I work for 5 years at a $50k salary and become vested and leave, and I take my pension at 62, my $ will have been in the pension fund for 30+ years and I receive $5k p...
by MarkRoulo
Thu Oct 17, 2019 3:56 pm
Forum: Personal Finance (Not Investing)
Topic: What percent of net worth should a persons house be?
Replies: 141
Views: 10859

Re: What percent of net worth should a persons house be?

As many others have pointed out, this really depends on perspective and age and a lot of other personal factors, not to mention the housing market and the cost of living for the area. For comparative purposes for those who may be interested, we live in a HCOL area and are mid-career. The equity we ...
by MarkRoulo
Thu Oct 17, 2019 3:52 pm
Forum: Personal Finance (Not Investing)
Topic: What percent of net worth should a persons house be?
Replies: 141
Views: 10859

Re: What percent of net worth should a persons house be?

I'm surprised on a BH forum so many people are saying it doesn't matter or that it matters little. that is, in my mind, insane. ..... you should have as small a percentage of your net worth in your home as you find comfortable and reasonable. you want as much of your net worth as possible in the hi...
by MarkRoulo
Thu Oct 17, 2019 11:04 am
Forum: Personal Finance (Not Investing)
Topic: What percent of net worth should a persons house be?
Replies: 141
Views: 10859

Re: What percent of net worth should a persons house be?

I'm surprised on a BH forum so many people are saying it doesn't matter or that it matters little. that is, in my mind, insane. ..... you should have as small a percentage of your net worth in your home as you find comfortable and reasonable. you want as much of your net worth as possible in the hi...
by MarkRoulo
Sun Oct 13, 2019 7:11 pm
Forum: Personal Consumer Issues
Topic: If we visit Shenandoah and Blue Ridge Parkway, do we "need" to see Great Smoky Mtns. NP, too?
Replies: 52
Views: 5597

Re: If we visit Shenandoah and Blue Ridge Parkway, do we "need" to see Great Smoky Mtns. NP, too?

Dumb question, and I don't want to sound like I'm saying "if you've seen one mountain you've seen 'em all." The trip concept is five-or-six-week road trip, May-June, New England to Vidalia, GA by way of Shenandoah NP, the Skyline Drive, the Blue Ridge Parkway, and yes-or-no Great Smokies National P...
by MarkRoulo
Sun Sep 29, 2019 10:17 pm
Forum: Investing - Theory, News & General
Topic: Anyone know the ER of the Vanguard first Index fund?
Replies: 5
Views: 924

Re: Anyone know the ER of the Vanguard first Index fund?

Curious if anyone knows the original ER of the first Vanguard Index fund and if there was a load or 12b-1 fees, which was the norm in the 70's. It seems 0.40% https://www.aei.org/carpe-diem/happy-40th-anniversary-for-the-vanguard-500-index-fund-let-the-low-cost-passive-party-begin/ Another site sug...
by MarkRoulo
Sun Sep 29, 2019 1:40 pm
Forum: Personal Finance (Not Investing)
Topic: Anyone pivot away from Corporate America
Replies: 18
Views: 3954

Re: Anyone pivot away from Corporate America

My spouse has worked a big corporation for a while and for the most part has been happy with it, great pay, very bright colleagues, good professional growth. But ideally she'd like something with a great work life balance (possibly part-time) especially while our kids are young. I'm curious for tho...
by MarkRoulo
Sun Sep 29, 2019 11:22 am
Forum: Personal Finance (Not Investing)
Topic: Anyone pivot away from Corporate America
Replies: 18
Views: 3954

Re: Anyone pivot away from Corporate America

My spouse has worked a big corporation for a while and for the most part has been happy with it, great pay, very bright colleagues, good professional growth. But ideally she'd like something with a great work life balance (possibly part-time) especially while our kids are young. I'm curious for tho...
by MarkRoulo
Thu Sep 26, 2019 11:40 am
Forum: Personal Investments
Topic: Puzzling the "How Much Cash" Question
Replies: 19
Views: 1917

Re: Puzzling the "How Much Cash" Question

I am one year away from retirement and and am configuring my portfolio for the big day. Other than Social Security, this portfolio will be my only source of retirement income. My portfolio is currently 13% Cash, 17% Debt and Fixed Income and 70% Equity. Most of the Equity is invested in quality DGI...
by MarkRoulo
Sat Sep 14, 2019 11:01 am
Forum: Personal Finance (Not Investing)
Topic: Bay Area teacher saving half my income – why the doubt? (and asking more questions)
Replies: 508
Views: 32211

Re: Bay Area teacher saving half my income – why the doubt? (and asking more questions)

There was recently a thread about the cost to live a middle-class lifestyle in a VHCOL area. I posted that I’m a teacher in the Bay Area and my wife is a stay-at-home parent and we’re saving half our income. People began questioning how that could be but the thread was derailed and shut down before...
by MarkRoulo
Thu Sep 12, 2019 9:18 am
Forum: Personal Finance (Not Investing)
Topic: Bay Area budget for $350k family income
Replies: 94
Views: 7872

Re: Bay Area budget for $350k family income

If $350K is barely cutting it, then how is the median household income for San Fransisco $102K? Half of the population of the city is getting by on an amount that is less than 1/3 of the outrageous claim in this article. Two things to keep in mind for the SF Bay Area. *) If you bought your house a ...
by MarkRoulo
Mon Sep 09, 2019 6:32 pm
Forum: Personal Finance (Not Investing)
Topic: Help me out - What am I doing wrong - Job Hunt related
Replies: 70
Views: 5313

Re: Help me out - What am I doing wrong - Job Hunt related

Thanks all lots of good advice here so far. And yes I realize the grass isn't always greener. When asked about why i'm looking for a new job I did indicate that there are certain aspects of my jobs that I like. But I also said that I'm looking to be challenged and I'm looking to go into a position ...
by MarkRoulo
Sun Sep 01, 2019 8:34 pm
Forum: Personal Investments
Topic: What two funds would you use to make your own version of the Wellington that would have around the same returns?
Replies: 19
Views: 2430

Re: What two funds would you use to make your own version of the Wellington that would have around the same returns?

iamblessed wrote:
Sun Sep 01, 2019 8:22 pm
What two funds would you use to make your own version of the Wellington that would have around the same returns?
Or one could go with the Balanced Index fund and more Balanced Index fund.
by MarkRoulo
Sun Sep 01, 2019 8:27 pm
Forum: Personal Investments
Topic: What two funds would you use to make your own version of the Wellington that would have around the same returns?
Replies: 19
Views: 2430

Re: What two funds would you use to make your own version of the Wellington that would have around the same returns?

iamblessed wrote:
Sun Sep 01, 2019 8:22 pm
What two funds would you use to make your own version of the Wellington that would have around the same returns?
Total Stock Market (US) and Total Bond Market (US)?
by MarkRoulo
Sun Aug 25, 2019 3:17 pm
Forum: Personal Finance (Not Investing)
Topic: [Please Review] Retirement Expenses in California and safe withdrawl rate of 3.5%
Replies: 25
Views: 2170

Re: [Please Review] Retirement Expenses in California and safe withdrawl rate of 3.5%

The property taxes seem high while the house insurance premium is low. If your house is worth $2 million, then the property taxes are about right, but then you should have a higher premium to insure that much house. These numbers seem discordant. The numbers are not out of line for California. Thin...
by MarkRoulo
Sun Aug 18, 2019 11:49 am
Forum: Investing - Theory, News & General
Topic: How about an 856-year bond?
Replies: 24
Views: 3390

Re: How about an 856-year bond?

...It’s surprising just how early and how much the “pound” was in fact inflated given its name... I don't know the history of the "composition book," the cheap bound student notebooks that have that strange black-and-white-speckled cover, but they had and still have various "useful" tables printed ...
by MarkRoulo
Sun Aug 18, 2019 11:37 am
Forum: Investing - Theory, News & General
Topic: How about an 856-year bond?
Replies: 24
Views: 3390

Re: How about an 856-year bond?

Consols were a thing! https://en.wikipedia.org/wiki/Consol_(bond) They make more sense in an environment with no expected inflation/deflation. I like how they issued perpetual debt and then lowered the coupon rate. It’s good to be the king. It’s surprising just how early and how much the “pound” wa...
by MarkRoulo
Sun Aug 18, 2019 10:04 am
Forum: Investing - Theory, News & General
Topic: How about an 856-year bond?
Replies: 24
Views: 3390

Re: How about an 856-year bond?

That's pretty remarkable. A perpetual bond paying 5% would not be all that dumb for either party. In fact that's kind of what stocks are like. The money lent during an IPO is forever. However, a perpetual bond paying 1% is pretty weak. Maybe we are to assume that everything is re-negotiable down th...
by MarkRoulo
Tue Aug 13, 2019 9:51 am
Forum: Investing - Theory, News & General
Topic: What would investors ever choose arbitrary allocation of US/nonUS stocks?
Replies: 68
Views: 5178

Re: What would investors ever choose arbitrary allocation of US/nonUS stocks?

If we assume we are not able to time market. If we assume we are not able to pick stocks. If we assume we are not able to pick certain sectors. Why do we assume we are suddenly capable and knowledgeable enough to pick right ratios geographically? ... To be it seems way logical to have 2 fund portfo...
by MarkRoulo
Sat Aug 03, 2019 7:50 pm
Forum: Investing - Theory, News & General
Topic: So it’s pointless to invest in tech funds because expectations are already factored into price?
Replies: 17
Views: 1444

Re: So it’s pointless to invest in tech funds because expectations are already factored into price?

I wanted to invest a little more into the tech sect, I believe it was a Vanguard sector fund I looked at that was pure technology and I wanted to bet on it for the long-term. However, people here told me that due to the efficient market hypothesis future expectations and earning were already factor...
by MarkRoulo
Thu Aug 01, 2019 8:58 am
Forum: Personal Finance (Not Investing)
Topic: Bloomberg: Forget Tech, Medicine Still Pays More
Replies: 124
Views: 10001

Re: Bloomberg: Forget Tech, Medicine Still Pays More

... I can't for the life of me understand why ER physicians working 120 hours a month after 3 years of residency make more than general surgeons working 60 hours a week after 5 years of an insanely grueling residency. If you are actually wondering (rather than disapproving) I'd start by (a) verifyi...
by MarkRoulo
Wed Jul 24, 2019 4:46 pm
Forum: Personal Finance (Not Investing)
Topic: If you are already retired.. is this true?
Replies: 49
Views: 6345

Re: If you are already retired.. is this true?

This article is a few months old, but curious if people who are already retired can vouch for this (or contradict). https://www.marketwatch.com/story/the-right-retirement-formula-is-based-on-the-value-of-your-home-2019-03-20 The gist of it is, your nest egg number should be: (home value * .3) / .04...
by MarkRoulo
Thu Jul 18, 2019 9:19 am
Forum: Personal Investments
Topic: Alternative investments to stock market
Replies: 10
Views: 1077

Re: Alternative investments to stock market

I am curious today. I have some extra money (for investment, not spending) and would like to consider investing in alternatives to the stock market. I have yet to find one that strikes my fancy, but have considered a variety: - Buying a U-Haul truck / trailer/ etc - Commercial real estate - Purchas...
by MarkRoulo
Wed Jul 17, 2019 3:41 pm
Forum: Personal Finance (Not Investing)
Topic: Do you care about your home appreciating?
Replies: 91
Views: 5701

Re: Do you care about your home appreciating?

In California, as people age they cannot afford the property tax if they move. they sit tight and have a bunch of empty bedrooms in their home that conflicts with their mobility needs. Perhaps they should be in a condo, but can't afford it. FYI, California has something called the "Over 55 Base Yea...
by MarkRoulo
Sat Jun 22, 2019 8:17 pm
Forum: Personal Investments
Topic: Getting caught up in minutia of investing-How to make things simple
Replies: 45
Views: 4125

Re: Getting caught up in minutia of investing-How to make things simple

Everyday I spend multiple hours reading on this forum. I thoroughly enjoy it, but then I wonder what is more important at the end of the day the fact that you put money away consistently or whether it was Roth or tax deferred. Which debt to tackle first vs just making strides to get something paid ...
by MarkRoulo
Sat Jun 22, 2019 6:44 pm
Forum: Personal Investments
Topic: Rebalancing to Oblivion
Replies: 50
Views: 4841

Re: Rebalancing to Oblivion

One of my summer projects is to write our IPS. We think we can avoid selling stocks in during a bear market, and can in fact rebalance during stock declines. I described to DW what a 50% market decline might do to our (50/50) portfolio, and she was ok with the idea of rebalancing in to this size be...
by MarkRoulo
Fri Jun 21, 2019 10:20 am
Forum: Investing - Theory, News & General
Topic: The End of Passive Investing?
Replies: 55
Views: 5523

Re: The End of Passive Investing?

I'd love to read a sane and factual discussion of why this isn't a concern, and arguments on the respective sides. A few years back, I went to the trouble to write up my (at the time) thoughts on this. I'll copy-and-paste here: From CNBC earlier this year [2017]: "Overall, actively managed U.S. equ...
by MarkRoulo
Sun Jun 09, 2019 9:49 pm
Forum: Personal Consumer Issues
Topic: Gillette Fusion razors
Replies: 57
Views: 5464

Re: Gillette Fusion razors

I won't give a dime to this company.....for reasons outside the scope of this thread. Same here, brother. I remember. I’m curious why. I googled Gillette boycott and seems like it has to do with the 2 minute ad which I personally feel indifferent about. That's pretty much why. Some people were more...
by MarkRoulo
Sun Jun 09, 2019 12:27 pm
Forum: Personal Finance (Not Investing)
Topic: 22 Years Old - Which credit card to begin with?
Replies: 44
Views: 6605

Re: 22 Years Old - Which credit card to begin with?

As the title says, I am 22 y/o, set to graduate college in December (no debt). I believe it is time for me to apply for a credit card. I have never had a credit card before, but I have been an authorized user on one of my Mom’s cards for some time, so if I am not mistaken, I should have some credit...
by MarkRoulo
Sun Jun 02, 2019 3:44 pm
Forum: Investing - Theory, News & General
Topic: Modeling Worst Case Scenarios & Does AA Matter When Consistently Contributing?
Replies: 16
Views: 1556

Re: Modeling Worst Case Scenarios & Does AA Matter When Consistently Contributing?

I'm trying to model the known 'worst case scenarios' using Portfolio Visualizer or other tools. I'm aware the next recession may not be like Black Friday, Dot Com Bust, Great Recession, etc., but it's kind of all I have to go off of. (If there are tools that let you come up with new horrific financ...
by MarkRoulo
Fri May 31, 2019 9:30 am
Forum: Personal Finance (Not Investing)
Topic: Forgot to mail check to IRS for taxes ($4000) - what now
Replies: 24
Views: 2942

Re: Forgot to mail check to IRS for taxes ($4000) - what now

Hello I have just found out my partner never paid her taxes - she filed her tax return and owes around $4,000 but forgot to make the payment. My question is, what are our next steps? The money is not a problem - we just forgot to pay (long story -- taxes were handled by 3rd party and she assumed th...
by MarkRoulo
Wed May 15, 2019 8:51 pm
Forum: Personal Investments
Topic: How invest $1.5 million to assure at least $30K income per year in 2019 dollars?
Replies: 13
Views: 3521

Re: How invest $1.5 million to assure at least $30K income per year in 2019 dollars?

My nonspeaking disabled son is 31 and living at home. My wife is 67 and I am 76. Sometime in the next few years we expect our son to transition to a group home paid for by government, but in the long run, of uncertain quality. Our son is especially vulnerable because he is nonspeaking. To try to pr...
by MarkRoulo
Sun May 12, 2019 11:01 am
Forum: Personal Consumer Issues
Topic: (solution found) caps fail on med creams/ointments
Replies: 5
Views: 575

Re: caps fail on med creams/ointments

I have a couple of prescription creams/ointments that come in tubes, and after I've used them a few times the caps don't seat on the threads properly. I clean stuff off and out of the cap, try to perfectly line things up, no matter. I don't know if this is just shoddiness or deliberate to get peopl...
by MarkRoulo
Sun May 05, 2019 1:58 pm
Forum: Investing - Theory, News & General
Topic: Reversion to the Mean Is Dead?
Replies: 63
Views: 7491

Re: Reversion to the Mean Is Dead?

From an article in Barrons. https://www.barrons.com/articles/reversion-to-the-mean-is-dead-investors-beware-51556912141 The article suggests that technology has altered the markets so much that the old rules like reversion to the mean ... no longer apply at least when it comes to sectors. Some dist...