Search found 576 matches

by WanderingDoc
Fri Dec 22, 2017 2:31 pm
Forum: Investing - Help with Personal Investments
Topic: Interesting ride so far - Crypto-curriencies
Replies: 112
Views: 9283

Re: Interesting ride so far - Crypto-curriencies

So what happens now with the value of BItcoin? Anyine still watching? I am glad I took profit and got my initial investment out at $15K/BTC. Now Coinbase/GDAX are completely down. So even if you wanted to sell (cash out while you still have profit) or buy (be greedy while others are fearful) you ca...
by WanderingDoc
Fri Dec 22, 2017 1:21 pm
Forum: Investing - Help with Personal Investments
Topic: Interesting ride so far - Crypto-curriencies
Replies: 112
Views: 9283

Re: Interesting ride so far - Crypto-curriencies

So what happens now with the value of BItcoin? Anyine still watching? I am glad I took profit and got my initial investment out at $15K/BTC. Now Coinbase/GDAX are completely down. So even if you wanted to sell (cash out while you still have profit) or buy (be greedy while others are fearful) you ca...
by WanderingDoc
Fri Dec 22, 2017 12:46 pm
Forum: Investing - Help with Personal Investments
Topic: Interesting ride so far - Crypto-curriencies
Replies: 112
Views: 9283

Re: Interesting ride so far - Crypto-curriencies

So what happens now with the value of BItcoin? Anyine still watching? I am glad I took profit and got my initial investment out at $15K/BTC. Now Coinbase/GDAX are completely down. So even if you wanted to sell (cash out while you still have profit) or buy (be greedy while others are fearful) you ca...
by WanderingDoc
Fri Dec 22, 2017 2:15 am
Forum: Investing - Theory, News & General
Topic: Call the top! - Bitcoin
Replies: 182
Views: 18775

Re: Call the top! - Bitcoin

Now $13,200 as of 2315 Pacific Time. I guess the bloodbath isn't quite over :twisted: :twisted:
by WanderingDoc
Fri Dec 22, 2017 1:20 am
Forum: Investing - Help with Personal Investments
Topic: Feels dumb to hold bonds - Currently 70% Stocks 30% Bonds
Replies: 97
Views: 12886

Re: Feels dumb to hold bonds - Currently 70% Stocks 30% Bonds

Hi, My real investing started only in 2012, no real experience of brutal bear market. I am following age in bonds. currently aged 33, so have around 30% in bonds. It feels so dumb to hold bonds as everything is going up, stocks,gold, houses etc.. Currently I rent: The house values in the place I li...
by WanderingDoc
Fri Dec 22, 2017 12:29 am
Forum: Investing - Theory, News & General
Topic: Call the top! - Bitcoin
Replies: 182
Views: 18775

Re: Call the top! - Bitcoin

I merged WanderingDoc's thread into here. Let's hold it to one Bitcoin contest. ...Bitcoin is now down to $13,500, 30% drop from All Time High (>$20K) only 4 days ago. Precipitously dropping since 3 hours ago. Contest: Name the value of BTC at close of today (I will look at 2300 western time), or l...
by WanderingDoc
Thu Dec 21, 2017 10:30 pm
Forum: Investing - Theory, News & General
Topic: Call the top! - Bitcoin
Replies: 182
Views: 18775

Re: How low will it go? BTC is crashing! (contest)

whodidntante wrote:
Thu Dec 21, 2017 10:28 pm
I don't want it to crash. I want it to go sky high and stay there, so we can keep having several threads a day about it. :happy
Sarcastic? I rather enjoy those threads.. :P
by WanderingDoc
Thu Dec 21, 2017 10:17 pm
Forum: Investing - Theory, News & General
Topic: Call the top! - Bitcoin
Replies: 182
Views: 18775

How low will it go? BTC is crashing! (contest)

[Thread merged into here, see below. --admin LadyGeek] Bitcoin is now down to $13,500, 30% drop from All Time High (>$20K) only 4 days ago. Precipitously dropping since 3 hours ago. Contest: Name the value of BTC at close of today (I will look at 2300 western time), or lowest of the day, whichever ...
by WanderingDoc
Thu Dec 21, 2017 2:25 am
Forum: Investing - Theory, News & General
Topic: Quite a few people I know in real life that normally don't mess with finances have brought up investing in bitcoin
Replies: 74
Views: 7261

Re: Quite a few people I know in real life that normally don't mess with finances have brought up investing in bitcoin

I have held Bitcoin (and others) for years. I saw a lot of potential in the technology and predicted it would be the catalyst for some huge positive changes in the way things worked in multiple areas. That is coming to pass and I am being rewarded. Where do we go from here? I got in when the market...
by WanderingDoc
Wed Dec 20, 2017 11:41 pm
Forum: Investing - Help with Personal Investments
Topic: Can rental home generate small income?
Replies: 56
Views: 4474

Re: Can rental home generate small income?

I'm looking for some guidance and feedback please. Goal: Is it possible to invest $50-100K and generate a small stable income of $400-500 for an expat? After some discussions, I'm told that using that amount as downpayment for a 250K rental home can do that. Location for buying the home is Round Ro...
by WanderingDoc
Wed Dec 20, 2017 10:26 pm
Forum: Investing - Help with Personal Investments
Topic: Can rental home generate small income?
Replies: 56
Views: 4474

Re: Can rental home generate small income?

It's a lifestyle change so I'd really consider whether RE is worth it to you. All that work/risk for $x...will it be worth it. And I'd try a safer monthly rent/ total price ratio of 1%. Otherwise you're potentially paying to be a landlord which is not a great feeling when you're dealing with drugs,...
by WanderingDoc
Wed Dec 20, 2017 10:20 pm
Forum: Investing - Help with Personal Investments
Topic: Can rental home generate small income?
Replies: 56
Views: 4474

Re: Can rental home generate small income?

I'm looking for some guidance and feedback please. Goal: Is it possible to invest $50-100K and generate a small stable income of $400-500 for an expat? After some discussions, I'm told that using that amount as downpayment for a 250K rental home can do that. Location for buying the home is Round Ro...
by WanderingDoc
Tue Dec 19, 2017 3:56 pm
Forum: Personal Finance (Not Investing)
Topic: Synchrony vs Ally
Replies: 49
Views: 10044

Re: Synchrony vs Ally

Its great to hear the favorable experience with Ally. I tried on my work computer and filled out an account, funded the 11-month no penalty CD at Ally. The transaction was confirmed, and I should start accruing interest within 3 days :) Being honest, I didn't much like the interface of the Ally web...
by WanderingDoc
Tue Dec 19, 2017 1:27 pm
Forum: Investing - Help with Personal Investments
Topic: The cost of excess cash in portfolio
Replies: 8
Views: 1034

Re: The cost of excess cash in portfolio

Cash is a drag. You don't have to jump through all those hoops to come to how much it's costing you. The opportunity cost, per year, is (alternative investment return - return on cash)*amount in cash. Using your numbers, you switched $75,000 between bonds at 2.6% and cash at 1.3%. (2.6% - 1.3%)*$75...
by WanderingDoc
Tue Dec 19, 2017 1:08 pm
Forum: Investing - Help with Personal Investments
Topic: The cost of excess cash in portfolio
Replies: 8
Views: 1034

Re: The cost of excess cash in portfolio

Cash is a drag. You don't have to jump through all those hoops to come to how much it's costing you. The opportunity cost, per year, is (alternative investment return - return on cash)*amount in cash. Using your numbers, you switched $75,000 between bonds at 2.6% and cash at 1.3%. (2.6% - 1.3%)*$75...
by WanderingDoc
Tue Dec 19, 2017 11:58 am
Forum: Personal Finance (Not Investing)
Topic: Grant Cardone suggests to set 9 exceptions for taxes
Replies: 18
Views: 2037

Re: Grant Cardone suggests to set 9 exceptions for taxes

Wow, thanks guys. I guess I will start at 2 exemptions and see how it shakes out next year. Is there a simple calculation I can do every 3 months or so to make sure everything is peachy?
by WanderingDoc
Tue Dec 19, 2017 1:28 am
Forum: Personal Finance (Not Investing)
Topic: Grant Cardone suggests to set 9 exceptions for taxes
Replies: 18
Views: 2037

Re: Grant Cardone suggests to set 9 exceptions for taxes

I do set my exemptions fairly high early in the year, but I have variable income and then I level out the withholding over the second half of the year. Look up "safe harbor" if you want to know when the penalties begin for underpayment. I would be more careful of following GC advice in general. I w...
by WanderingDoc
Tue Dec 19, 2017 1:25 am
Forum: Personal Finance (Not Investing)
Topic: Grant Cardone suggests to set 9 exceptions for taxes
Replies: 18
Views: 2037

Re: Grant Cardone suggests to set 9 exceptions for taxes

Grant Cardone recommends that everyone set their personal exceptions to the MAX ALLOWED - usually 9 or 10. The reasoning is that you wanted to get all of your money early, if you are very confident in your investing. You will pay what you need to pay anyway at the end of the year, but can use the e...
by WanderingDoc
Tue Dec 19, 2017 1:05 am
Forum: Personal Finance (Not Investing)
Topic: Grant Cardone suggests to set 9 exceptions for taxes
Replies: 18
Views: 2037

Re: Grant Cardone suggests to set 9 exceptions for taxes

In theory it's a great idea. Have your money work for you early, however we are a pay as you go tax country. There are underpayment penalties that could hit you during tax time if you pay too little taxes during the year. See here: https://www.irs.gov/taxtopics/tc306 If you have a huge amount of it...
by WanderingDoc
Tue Dec 19, 2017 12:27 am
Forum: Personal Finance (Not Investing)
Topic: Grant Cardone suggests to set 9 exceptions for taxes
Replies: 18
Views: 2037

Grant Cardone suggests to set 9 exceptions for taxes

Grant Cardone recommends that everyone set their personal exceptions to the MAX ALLOWED - usually 9 or 10. The reasoning is that you wanted to get all of your money early, if you are very confident in your investing. You will pay what you need to pay anyway at the end of the year, but can use the ex...
by WanderingDoc
Tue Dec 19, 2017 12:21 am
Forum: Personal Finance (Not Investing)
Topic: Synchrony vs Ally
Replies: 49
Views: 10044

Re: Synchrony vs Ally

I didn't much like the interface of the Ally website. Seemed very clunky and like a 16 year old designed it for their high school computer project. I could imagine from what you guys are saying, how bad the Synchrony website must be! For ex, the USAA and Vanguard websites (and apps!) look so polish...
by WanderingDoc
Tue Dec 19, 2017 12:07 am
Forum: Personal Finance (Not Investing)
Topic: Synchrony vs Ally
Replies: 49
Views: 10044

Re: Synchrony vs Ally

Its great to hear the favorable experience with Ally. I tried on my work computer and filled out an account, funded the 11-month no penalty CD at Ally. The transaction was confirmed, and I should start accruing interest within 3 days :) Being honest, I didn't much like the interface of the Ally webs...
by WanderingDoc
Mon Dec 18, 2017 8:14 pm
Forum: Investing - Theory, News & General
Topic: Call the top! - Bitcoin
Replies: 182
Views: 18775

Re: Call the top! - Bitcoin

As a fun fact to share.

2-3 weeks ago, I started buying altcoins, putting $50-100 into each. I bought 11 of them. The kicker is, my criteria was if the name "sounded cool". I'm not kidding.

My cumulative returns on the altcoins so far have been >300% in less than 1 month! 8-)
by WanderingDoc
Mon Dec 18, 2017 1:51 am
Forum: Personal Finance (Not Investing)
Topic: Synchrony vs Ally
Replies: 49
Views: 10044

Re: Synchrony vs Ally

I have tried to set up a new account and one of the 11-month CDs. I have tried 3 times, at the "primary owner information" tab I fill it out, hit submit and absolutely nothing happens. Same thing after trying again. Pioneering internet banking company, cannot get a working website. Just tremendous!...
by WanderingDoc
Sun Dec 17, 2017 6:28 pm
Forum: Personal Finance (Not Investing)
Topic: Synchrony vs Ally
Replies: 49
Views: 10044

Re: Synchrony vs Ally

I have tried to set up a new account and one of the 11-month CDs. I have tried 3 times, at the "primary owner information" tab I fill it out, hit submit and absolutely nothing happens. Same thing after trying again. Pioneering internet banking company, cannot get a working website. Just tremendous! ...
by WanderingDoc
Sun Dec 17, 2017 6:04 pm
Forum: Investing - Help with Personal Investments
Topic: New investor, portfolio analysis
Replies: 4
Views: 540

Re: New investor, portfolio analysis

If I set the dividends in the taxable to cash, then reinvest, all this won't trigger any taxable event? The dividends in the taxable account are taxable whether you spend them or reinvest. I can't picture of a way to get International out of the TSP. Since all future contributions will be going to ...
by WanderingDoc
Sun Dec 17, 2017 4:03 am
Forum: Investing - Help with Personal Investments
Topic: Should I call the authorities to report a potential ponzi scheme (involving Bitconnect)?
Replies: 34
Views: 3998

Re: Should I call the authorities to report a potential ponzi scheme (involving Bitconnect)?

surfstar wrote:
Sun Dec 17, 2017 1:01 am
Have her watch this:
https://www.youtube.com/watch?v=s6MwGeOm8iI

and listen to this:
https://www.thisamericanlife.org/radio- ... ake-up-now

unfortunately being gullible is not illegal
I've never seen that show until now, but the guy in the first link is hilarious! :)
by WanderingDoc
Sun Dec 17, 2017 2:29 am
Forum: Personal Finance (Not Investing)
Topic: Ally Bank 11 month [No-Penalty CD]
Replies: 382
Views: 32974

Re: Ally 11 month CD with no penalty vs regular high yield saving account

The 1.60% CD has a minimum of $25K per CD. The saving account has no minimums Thats interesting. I always keep $50-200K in a USAA savings acct (yielding less than 0.2%) as a holding fund to buy real estate deals. Is there any problem with just throwing $25K into the Ally's CD every 3 months or so? ...
by WanderingDoc
Sat Dec 16, 2017 8:07 pm
Forum: Investing - Help with Personal Investments
Topic: New investor, portfolio analysis
Replies: 4
Views: 540

Re: New investor, portfolio analysis

How do I simplify my portfolio with what I have available to a 100% stock split? I disagree with your desired 100% stock AA, but since you want it, here goes. To start: Taxable at Vanguard -- 58% 58% ( VTSAX ) Vanguard Total Stock Market Index Fund Admiral Shares (0.04%) Thrift Savings Plan -- 31% ...
by WanderingDoc
Sat Dec 16, 2017 5:12 pm
Forum: Investing - Help with Personal Investments
Topic: New investor, portfolio analysis
Replies: 4
Views: 540

New investor, portfolio analysis

Hello all! First and foremost. I wanted to thank everyone on here for the great insight and generosity I have witnessed on this forum after joining a few months ago. When I joined, I had very little invested in equities, and I promised myself I would made this post once my portfolio hit 6 figures. I...
by WanderingDoc
Fri Dec 15, 2017 9:22 pm
Forum: Investing - Theory, News & General
Topic: Call the top! - Bitcoin
Replies: 182
Views: 18775

Re: Call the top! - Bitcoin

75,000 sometime in 2018. I'll add more depth to this prediction. BTC is about to go parabolic as we have reached speculation mania which is outstripping the true adoption rate..this has lead to price outstripping underlying network utility value. Because of this parabola, we will hit 24K before Jan...
by WanderingDoc
Thu Dec 14, 2017 12:08 am
Forum: Investing - Theory, News & General
Topic: Call the top! - Bitcoin
Replies: 182
Views: 18775

Re: Call the top! - Bitcoin

Peak: 29,500

Date: Harder to guess, best guess 10/8/2018.
by WanderingDoc
Tue Dec 12, 2017 9:24 pm
Forum: Investing - Theory, News & General
Topic: Does any indicator not predict a 2000/2007'ish crash?
Replies: 47
Views: 2944

Re: Does any indicator not predict a 2000/2007'ish crash?

WhiteMaxima wrote:
Tue Dec 12, 2017 4:57 pm
Bitcoin frenzy is not wide spread like 2007 housing.
You sure about that?

#1 downloaded app on the appstore is 'Coinbase'. #1 searched for query on Google is 'Bitcoin'. Pretty widespread if you ask me.
by WanderingDoc
Tue Dec 12, 2017 5:49 pm
Forum: Investing - Help with Personal Investments
Topic: What to do after losing $117k in stock market?
Replies: 156
Views: 17721

Re: What to do after losing $117k in stock market?

Yes, I feel like the biggest idiot especially in this bull market. I only started investing 3 years ago and got involved in high risk stocks (oil and biotech). Made some really bad picks and took a massive lost. I try to ignore thinking about how much I've lost because I feel ashamed and embarrasse...
by WanderingDoc
Tue Dec 12, 2017 5:39 pm
Forum: Investing - Theory, News & General
Topic: bitcoin - is there any real value here or is it a pure Ponzi scam?
Replies: 236
Views: 21998

Re: bitcoin - is there any real value here or is it a pure Ponzi scam?

Saw a funny meme today comparing Bitcoins and Chuck E. Cheese tokens Physical? Bitcoin - No Chuck E. Cheese tokens - Yes Can buy pizza and play arcade games? Bitcoin - No Chuck E. Cheese tokens - Yes Can buy black tar heroin? Bitcoin - Yes Chuck E. Cheese tokens - No Thats awesome. I'm borrowing th...
by WanderingDoc
Tue Dec 12, 2017 12:49 pm
Forum: Investing - Help with Personal Investments
Topic: So bought Litecoin@ $150...
Replies: 14
Views: 2878

Re: So bought Litecoin@ $150...

My real estate holdings I expect to double every 10 years What market is this? Bay Area, LA, and Honolulu SFHs and condos. Those markets have had 9%+ year over year appreciation since 1960. If you do the math, that comes out to roughly doubling every 10 years or slightly less. Also, 6%+ rent growth...
by WanderingDoc
Mon Dec 11, 2017 10:57 pm
Forum: Investing - Help with Personal Investments
Topic: So bought Litecoin@ $150...
Replies: 14
Views: 2878

Re: So bought Litecoin@ $150...

What the heck. So put in 1K for fun.. I don't know what is going to happen but it hit 270 today and seems to be goin crazy.. Well the most I will lose is 1k. What gives ??? Congrats! I bought LTC at $98, not very much though. Crypto is a big distraction from investing in real, income-producing asse...
by WanderingDoc
Mon Dec 11, 2017 6:53 pm
Forum: Investing - Help with Personal Investments
Topic: Bitcoin IRA
Replies: 28
Views: 2793

Re: Bitcoin IRA

Makes me wonder.. If Bitcoin goes to $20K by end of 2017, 40K by 2018, and $100K by 2020, will people on this board keep saying "too late to the game" "end of the Bitcoin bubble" then? :D I will feel no remorse if I "miss out" on bitcoin prices continuing to skyrocket. Unless all these people holdi...
by WanderingDoc
Mon Dec 11, 2017 1:45 am
Forum: Investing - Help with Personal Investments
Topic: Bitcoin IRA
Replies: 28
Views: 2793

Re: Bitcoin IRA

Makes me wonder.. If Bitcoin goes to $20K by end of 2017, 40K by 2018, and $100K by 2020, will people on this board keep saying "too late to the game" "end of the Bitcoin bubble" then? :D
by WanderingDoc
Mon Dec 11, 2017 1:42 am
Forum: Investing - Theory, News & General
Topic: Just not getting it [Stock Picking versus TSM]
Replies: 98
Views: 14828

Re: Just not getting it

There are plenty of people out there that are smarter than you or I and have more information about individual stocks than we do. They do this full time and don't have a 9-5 job. They are called fund managers. Not one of them has been able to out perform the TSM over the long term. Past performance...
by WanderingDoc
Mon Dec 11, 2017 1:35 am
Forum: Investing - Theory, News & General
Topic: Would a Bitcoin Crash affect the general markets?
Replies: 25
Views: 2155

Re: Would a Bitcoin Crash affect the general markets?

I cashed out all my initial capital yesterday as Bitcoin was falling precipitously. Now just have house money in a small amount of crypto. Bitcoin is now back to almost $17K!! I guess I shouldn't have panic sold. The reason I sold was because I realized that I bought Bitcoin not because I believed i...
by WanderingDoc
Sat Dec 09, 2017 8:21 pm
Forum: Investing - Theory, News & General
Topic: Bitcoin now the largest quantifiable bubble in history?
Replies: 89
Views: 7749

Re: Bitcoin now the largest quantifiable bubble in history?

I have cash out all of my initial capital in Bitcoin. Price per BTC reached ~$18,500 two days ago, and today it is precipitously dropping and is now under $14,000. I wouldn't be surprised if it is under $10,000 by weekends end. I just cashed out around ~$15,000 per BTC and now hold a little Bitcoin,...
by WanderingDoc
Sat Dec 09, 2017 8:08 pm
Forum: Investing - Help with Personal Investments
Topic: Question about Roth TSP for active duty military
Replies: 9
Views: 769

Re: Question about Roth TSP for active duty military

I believe that military service members pay into Social Security, correct me if I'm wrong. If you do, you may want to wait until age 70 when you would get the maximum SS amount so you could use your TSP money up until then. My understanding is that you will get 100% of your SS benefits at full reti...
by WanderingDoc
Fri Dec 08, 2017 1:26 am
Forum: Investing - Theory, News & General
Topic: Bitcoin now the largest quantifiable bubble in history?
Replies: 89
Views: 7749

Re: Bitcoin now the largest quantifiable bubble in history?

That something appreciates quickly does not classify it as 'a bubble'. Bitcoin is a bubble if its rational value is much less than its market value. So, is it? In another one of the many bitcoin threads on bogleheads right now, someone said his teenage kid was asking if he could buy bitcoin. I susp...
by WanderingDoc
Wed Dec 06, 2017 12:48 pm
Forum: Investing - Theory, News & General
Topic: Jack Bogle Says ‘Avoid Bitcoin Like the Plague’
Replies: 214
Views: 26574

Re: Jack Bogle Says ‘Avoid Bitcoin Like the Plague’

Had I invested the $18k I put in my 401k in 2012 in bitcoin instead I'd have ~$15,000,000 today. Needless to say, my index investing hasn't produced those returns either. The index funds may well have obliterated the bitcoin return in risk-adjusted terms. An investment is a claim on future cash flo...
by WanderingDoc
Wed Dec 06, 2017 12:43 pm
Forum: Investing - Help with Personal Investments
Topic: Want to sell my Bitcoin, but when?
Replies: 90
Views: 9149

Re: Want to sell my Bitcoin, but when?

“Should I sell this gimmick and guarantee a ridiculous return on investment or should I be greedy and risk losing once the inevitable bubble bursts?” Tough decision lol...yeah, when you put it like that.. I think I'll give it a few days and see what the CBOE futures do to the price. I may move some...
by WanderingDoc
Tue Dec 05, 2017 3:06 am
Forum: Investing - Theory, News & General
Topic: bitcoin - is there any real value here or is it a pure Ponzi scam?
Replies: 236
Views: 21998

Re: bitcoin - is there any real value here or is it a pure Ponzi scam?

So then, if you are investing in Bitcoin, you are not really betting on Bitcoin Blockchain, because the Core Developers have already decided that the bitcoin blockchain can't scale beyond the 5 or 10 transactions per second. You are betting on the Lightning Network LN, which has been in development...
by WanderingDoc
Mon Dec 04, 2017 2:52 pm
Forum: Investing - Theory, News & General
Topic: bitcoin - is there any real value here or is it a pure Ponzi scam?
Replies: 236
Views: 21998

Re: bitcoin - is there any real value here or is it a pure Ponzi scam?

... In my head huh? How much reading have you done on cryptocurrency? Put in 100 hours then speculate on the value or lack thereof of Bitcoin. Ah. The Courtier's Reply. PJW Almost ANY claim or reply can be made into a logical fallacy if you try enough, since there are so many of them. Not impressed...
by WanderingDoc
Mon Dec 04, 2017 2:26 am
Forum: Investing - Theory, News & General
Topic: bitcoin - is there any real value here or is it a pure Ponzi scam?
Replies: 236
Views: 21998

Re: bitcoin - is there any real value here or is it a pure Ponzi scam?

If we are just talking pure math, you'd be mad to not put 1% of your investible assets in Bitcoin. If there was a 95% chance of Bitcoin going to zero, and a 5% chance 1 Bitcoin goes to $500K, you'd be a food indeed. So if we're talking pure math, where did you get the 5% chance 1 Bitcoin goes to $5...