Search found 2380 matches

by oldcomputerguy
Thu Feb 08, 2018 8:50 am
Forum: Personal Finance (Not Investing)
Topic: Does anyone use Goldmoney?
Replies: 19
Views: 872

Re: Does anyone use Goldmoney?

I think of it (perhaps my reasoning is wrong) as more of the following: throughout the next 40 years of my life, I will always have a $20,000 (or more) in cash in my bank accounts for liquidity purposes. Over 40 years one will constantly need to "add to" their cash reserves to maintain purchasing p...
by oldcomputerguy
Thu Feb 08, 2018 8:43 am
Forum: Personal Finance (Not Investing)
Topic: free dinner investing seminar
Replies: 237
Views: 15048

Re: free dinner investing seminar

... Why would it ever be necessary to follow up a "NO?" If that really happened I would think a H$LL NO would be the right response. Some of you just don't understand how to enjoy a free steak. Because, to echo Finridge's comment above, they carefully engineer a situation in which there is a social...
by oldcomputerguy
Thu Feb 08, 2018 8:07 am
Forum: Personal Finance (Not Investing)
Topic: Does anyone use Goldmoney?
Replies: 19
Views: 872

Re: Does anyone use Goldmoney?

I think of it (perhaps my reasoning is wrong) as more of the following: throughout the next 40 years of my life, I will always have a $20,000 (or more) in cash in my bank accounts for liquidity purposes. Over 40 years one will constantly need to "add to" their cash reserves to maintain purchasing p...
by oldcomputerguy
Thu Feb 08, 2018 6:37 am
Forum: Personal Finance (Not Investing)
Topic: Financial Hole
Replies: 163
Views: 13312

Re: Financial Hole

Already got that figured out...wife has a discount plan with AT&T and we've had our phones for years,plus my number is out there on my resumes etc so I'd have to change all that because I'd have to get a new number with another carrier. The area I'm in is pretty remote so the only towers around are...
by oldcomputerguy
Thu Feb 08, 2018 6:26 am
Forum: Personal Consumer Issues
Topic: What time do you go to work?
Replies: 72
Views: 5174

Re: What time do you go to work?

Retired now, so, anytime I darned well want. :D Before, I would generally get there between 9:00 and 9:30 AM and stay until around 6:30 PM. But that was the general rule. My job required my presence at many, many times around the clock, depending on when the phone rang. And twice a year, at the Dayl...
by oldcomputerguy
Thu Feb 08, 2018 6:12 am
Forum: Personal Finance (Not Investing)
Topic: Does anyone use Goldmoney?
Replies: 19
Views: 872

Re: Does anyone use Goldmoney?

It certainly is a way to invest in physical gold rather cheaply. That isn't what I would be interested in, personally. They do hold/insure your gold in vaults around the world (Loomis/Brinks/etc) of your choosing. I prefer to invest in "growth" assets (stocks and rental real estate). But I find hol...
by oldcomputerguy
Wed Feb 07, 2018 11:26 am
Forum: Investing - Help with Personal Investments
Topic: market downturn
Replies: 13
Views: 986

Re: market downturn

50/50 is fine. I'm retired and I'm at 50/50. It might make you feel a bit better if you do a quick calculation: think about how much of your yearly spending is covered by Social Security or pensions (if any), and how much is left uncovered by those sources of income and so will have to come from you...
by oldcomputerguy
Tue Feb 06, 2018 8:47 pm
Forum: Personal Consumer Issues
Topic: Laughter is the Best Medicine - What makes you Laugh?
Replies: 105
Views: 5594

Re: Laughter is the Best Medicine - What makes you Laugh?

My spouse. He's extremely witty. Other than him: "Are You Being Served" and "Golden Girls". "Fawlty Towers", already mentioned. And to illustrate how a sense of humor differs among people, I hate the Mrs Bucket Show (Keeping Up Appearances) with a passion; laughing at someone, not with them. +1 on ...
by oldcomputerguy
Tue Feb 06, 2018 8:21 pm
Forum: Investing - Theory, News & General
Topic: Huge afternoon stock drop on 2.5.2018 and stock raise on 2.6.2018 is caused by mutual fund holders
Replies: 46
Views: 6775

Re: Huge afternoon stock drop on 2.5.2018 and stock raise on 2.6.2018 is caused by indexers

I am referring to mutual fund investors whose trades simply cannot be executed at current price during the day, but are executed at the end of the day using end of the day pricing. So your original claim, then, implicates orders from mutual funds in general, not just indexers? In that case, you mig...
by oldcomputerguy
Tue Feb 06, 2018 4:41 pm
Forum: Investing - Theory, News & General
Topic: Huge afternoon stock drop on 2.5.2018 and stock raise on 2.6.2018 is caused by mutual fund holders
Replies: 46
Views: 6775

Re: Huge afternoon stock drop on 2.5.2018 and stock raise on 2.6.2018 is caused by indexers

Huge stock drop on 2.5.2018 and stock raise on 2.6.2018 is caused by indexers. Individuals with access to summarized orders for index funds took advantage of indexers and lowered the equity price further by selling equity at around 3PM on 2.5.2018 The reverse is happening today (2.6.2018) Why do yo...
by oldcomputerguy
Tue Feb 06, 2018 10:57 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 5576
Views: 1262272

Re: U.S. stocks in freefall

Hearing terms like freefall, largest drop ever, correction, and crash bandied about, I decided to look at my current allocation to see if there's been enough movement to force a rebalance. Nope, still within my +/- 5% bands. I do see a small tax loss harvesting opportunity, but it's so small it's p...
by oldcomputerguy
Tue Feb 06, 2018 10:05 am
Forum: Investing - Theory, News & General
Topic: Vanguard site is crashed now?
Replies: 188
Views: 14541

Re: Vanguard site is crashed now?

For what it's worth, this morning (10:03 AM Tuesday) Vanguard's site worked for me, but Fidelity's was crashed.
:?
by oldcomputerguy
Tue Feb 06, 2018 8:37 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 5576
Views: 1262272

Re: U.S. stocks in freefall

Here are the past 10 corrections in the S&P 500 index: Span of the correction ---------Decline in Percent May 21, 2015-Feb. 11, 2016------14.2 April 29, 2011-Oct. 3, 2011------19.4 April 23, 2010-July 2, 2010-------16 Nov. 27, 2002-March 11, 2003----14.7 July 16, 1999-Oct. 15, 1999------12.1 July 1...
by oldcomputerguy
Tue Feb 06, 2018 8:36 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 5576
Views: 1262272

Re: U.S. stocks in freefall

Pre-Bogleheads, I would have been in 'the sky is falling' crowd. No longer. For this, I thank the Bogleheads. Because this forum, and many of the people in it have given me the confidence to persevere. It is a wonderful feeling. I'm with you. I had just sunk about $50k into sector funds (100% equit...
by oldcomputerguy
Tue Feb 06, 2018 6:47 am
Forum: Investing - Help with Personal Investments
Topic: Stay the course?
Replies: 65
Views: 7131

Re: Stay the course?

You have a long time until retirement, plenty of time to allow the market to recover. Remember that the market has recovered and climbed higher from every single market downturn, correction, bear market, and crash in its history. Of course that's no guarantee that it will always do so, but it's a pr...
by oldcomputerguy
Tue Feb 06, 2018 6:19 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 5576
Views: 1262272

Re: U.S. stocks in freefall

Newbie here. First big dip. This is when we stay the course, right? Yep. Come back later (maybe in summer, maybe at the end of the year) and look again. If your holdings have drifted away from your asset allocation (say, 50% stocks instead of 60%), then sell the gainers and buy the losers to get ba...
by oldcomputerguy
Tue Feb 06, 2018 6:11 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 5576
Views: 1262272

Re: U.S. stocks in freefall

Hey, guess what? It's still a little more likely that Mr. Market is UP tomorrow and not DOWN. According to Crestmont, over the last 50 years the market has been up about 54% of the days and down 46%. Even in bear market periods, it has been up 51% of the days and down 49%. It's not the number of UP...
by oldcomputerguy
Mon Feb 05, 2018 9:38 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 5576
Views: 1262272

Re: U.S. stocks in freefall

Aaaaand, the beat goes on... as of 9:35 PM Eastern, Australia is down almost 3%, Japan is down over 5%, and U.S. S&P 500 e-mini is down a percent and a half. Looks like tuck and roll tomorrow.
:shock:
by oldcomputerguy
Mon Feb 05, 2018 7:57 pm
Forum: Investing - Theory, News & General
Topic: Vanguard site is crashed now?
Replies: 188
Views: 14541

Re: Vanguard site is crashed now?

Please use some common sense. Why wait until the last 15 minutes to cram into their website, on the busiest day in years? If you want easy access, go to a brokerage known for speed, or get into VG earlier in the day. :oops: Or you could just leave it alone, stay the course, and go have a beer. :beer
by oldcomputerguy
Mon Feb 05, 2018 7:55 pm
Forum: Investing - Theory, News & General
Topic: Vanguard site is crashed now?
Replies: 188
Views: 14541

Re: Vanguard site is crashed now?

Whether one was looking to buy, sell, rebalance, or simply check the status of their account or other activity, it is inexcusable for an entire platform to be unavailable during regular market hours. Pathetic technology and reliability on full display from Vanguard today. For what it’s worth, appar...
by oldcomputerguy
Mon Feb 05, 2018 4:18 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 5576
Views: 1262272

Re: U.S. stocks in freefall

Hey... I just realized: the fifth of the month is when my Roth buy orders (mine and DW's) go through. :D
by oldcomputerguy
Mon Feb 05, 2018 12:18 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 5576
Views: 1262272

Re: U.S. stocks in freefall

Brutal; market hasn’t been this low since January 10th, 2018. How are you guys breaking the news to loved ones? With grilled hamburgers and a nice bottle of Pinot Grigio. :beer IMO Pinot's a little too delicate for hamburgers, I'd suggest at least a Malbec. We did our burgers with a nice Winter Ale...
by oldcomputerguy
Sun Feb 04, 2018 6:19 pm
Forum: Investing - Help with Personal Investments
Topic: Why do many bogleheads feel they can time the housing market but can't time the stock market?
Replies: 63
Views: 4592

Re: Why do many bogleheads feel they can time the housing market but can't time the stock market?

I'm amazed to see people doubting the premise of OP's comment--that lots of people on this board think they can predict housing prices. Go to literally any thread on housing in a VHCOL area and you will see this. A post that asks: "stocks seem expensive--should I buy now or what for a crash?" will ...
by oldcomputerguy
Sun Feb 04, 2018 10:20 am
Forum: Investing - Help with Personal Investments
Topic: How to rebalance
Replies: 4
Views: 313

Re: How to rebalance

I am in the TSP with an A/A of 55/45 Gfund/Cfund. I’m 63. What do I need to do to maintain this allocation or does the fund automatically do it for you?Maybe I don’t understand what rebalancing actually is. Thanks. Rebalancing, simply put, is the process of keeping your percentages allocated to eac...
by oldcomputerguy
Sat Feb 03, 2018 7:15 pm
Forum: Investing - Help with Personal Investments
Topic: Index Funds During Stock Market Decline?
Replies: 20
Views: 1997

Re: Index Funds During Stock Market Decline?

Hello all! I have been contributing to my Vanguard Target Date Funds with 200 a month. And the past week the stock market has been down, and I'm worried sooner or later it's going to crash (as perhaps a correction might be in order). You’re absolutely right. Sooner or later it will crash. So, if it...
by oldcomputerguy
Sat Feb 03, 2018 8:55 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 5576
Views: 1262272

Re: U.S. stocks in freefall

Pretty sure all global fundamentals / economies are still in excellent shape and this was simply the herd mentality / overreaction to something everyone should’ve known was happening in 2018 - interest rates increasing. Likely a combo of that, bond’s “crashing”, and people taking some off the top o...
by oldcomputerguy
Sat Feb 03, 2018 8:44 am
Forum: Personal Finance (Not Investing)
Topic: How to think about your house from a financial perspective
Replies: 89
Views: 6664

Re: How to think about your house from a financial perspective

Depends on your purpose in buying a house. My wife and I bought our current house twenty years ago with the idea of keeping it and living in it, not with the idea of one day selling it. As we get older, we likely will indeed have to sell it (or else our executor will), but that's secondary to its pr...
by oldcomputerguy
Sat Feb 03, 2018 8:42 am
Forum: Investing - Theory, News & General
Topic: short term corporate bonds vs. short term muni bonds
Replies: 7
Views: 521

Re: short term corporate bonds vs. short term muni bonds

If your purpose is safety, you might want to re-think getting solely into commercial bonds. Since they are issued by commercial entities, they tend to be a bit more correlated to the stock market, which decreases their value as a diversifier. An aggregate fund might be better suited. Or, you might c...
by oldcomputerguy
Fri Feb 02, 2018 7:35 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 5576
Views: 1262272

Re: U.S. stocks in freefall

RRAAYY3 wrote:
Fri Feb 02, 2018 5:00 pm
Brutal; market hasn’t been this low since January 10th, 2018.

How are you guys breaking the news to loved ones?
With grilled hamburgers and a nice bottle of Pinot Grigio.
:beer
by oldcomputerguy
Fri Feb 02, 2018 4:22 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 5576
Views: 1262272

Re: U.S. stocks in freefall

DanMahowny wrote:
Fri Feb 02, 2018 4:08 pm
bligh wrote:
Fri Feb 02, 2018 3:53 pm
These delighted posts will look so sad if this is the start of a deep, multi year bear market. :shock:
Indeed. I hope this week is the beginning of a multi-year 50% decline in equities.
As long as it comes back up...
by oldcomputerguy
Fri Feb 02, 2018 4:18 pm
Forum: Personal Finance (Not Investing)
Topic: What's your cash position
Replies: 73
Views: 5108

Re: What's your cash position

I have cash in the checking account for this month's expenses. I have an emergency fund in Ally Bank, as well as a fund for short-term (i.e. in the next one to two years) planned travel spending. I do not hold cash in any investment account; the closest I come to it is a short-term (two-year duratio...
by oldcomputerguy
Fri Feb 02, 2018 6:19 am
Forum: Forum Issues and Administration
Topic: Fewer acronyms please
Replies: 91
Views: 5410

Re: Fewer acronyms please

I prefer acronyms. If used accurately it greatly increases the speed with which I can read posts. It takes <3 seconds to look up a ticker in a new tab and close the tab and most tickers in common to less common use are familiar to me now. I would point out that, yes, it's easy to open another tab o...
by oldcomputerguy
Thu Feb 01, 2018 6:26 pm
Forum: Investing - Help with Personal Investments
Topic: What advice would you give yourself if you were 27 again?
Replies: 120
Views: 7583

Re: What advice would you give yourself if you were 27 again?

Dyloot wrote:
Thu Feb 01, 2018 5:23 pm
BlueRidgePro wrote:
Thu Feb 01, 2018 4:44 pm
Don't marry her.
+1
Guess I’m luckier than some; I married her at age 22, and am still happily married to the same woman at age 62.
by oldcomputerguy
Thu Feb 01, 2018 6:10 pm
Forum: Personal Finance (Not Investing)
Topic: Does anyone use Personal Capital, Mint, Tiller, or You Need a Budget?
Replies: 38
Views: 3143

Re: Does anyone use Personal Capital, Mint, Tiller, or You Need a Budget?

I use Moneydance. Once it gets set up, it categorizes expenses as you import them. For companies who provide OFX access, Moneydance can connect in and download transactions; for others, it can import Quicken-format (QXF) files once they have been downloaded. And it doesn’t require you to give your p...
by oldcomputerguy
Thu Feb 01, 2018 4:44 pm
Forum: Investing - Help with Personal Investments
Topic: Total Bond Market
Replies: 26
Views: 3163

Re: Total Bond Market

Julyguy754 wrote:
Thu Feb 01, 2018 2:45 pm
I have Vanguard's Total Bond Market Index in an IRA account, should I have it in a taxable account? Please explain the difference. Much appreciated! Thanks.
https://www.bogleheads.org/wiki/Tax-eff ... _placement
by oldcomputerguy
Thu Feb 01, 2018 4:39 pm
Forum: Investing - Help with Personal Investments
Topic: Employer merging old 401k plan into new one: can I do IRA rollover?
Replies: 3
Views: 184

Re: Employer merging old 401k plan into new one: can I do IRA rollover?

What you're describing is called an "in-service" roll-over, and I believe it depends on whether the plan rules allow it. Are there any desirable options in your new plan? You might hold off and see what your choices end up being; a month or two in less-than-desirable investment options won't make a ...
by oldcomputerguy
Wed Jan 31, 2018 6:16 pm
Forum: Investing - Help with Personal Investments
Topic: Why do many bogleheads feel they can time the housing market but can't time the stock market?
Replies: 63
Views: 4592

Re: Why do many bogleheads feel they can time the housing market but can't time the stock market?

Most bogle heads believe that it is impossible to time the stock market profitably. But many of these same bogleheads also think it is possible to time the housing market. Why is this? Not to be confrontational, but can you provide substantiation for your allegation that many Bogleheads think it's ...
by oldcomputerguy
Wed Jan 31, 2018 5:49 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 5576
Views: 1262272

Re: U.S. stocks in freefall

With regard to your long-term concerns, I'll just say this: "2001: A Space Odyssey." Add to this: 1997: the launch of the Jupiter 2 2010: Dr. Chandra goes to Jupiter and the Discovery to resuscitate HAL 2015: Marty McFly, his girlfriend Jennifer, and Dr. Emmett Brown arrive from the year 1985 Nobod...
by oldcomputerguy
Wed Jan 31, 2018 9:48 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 5576
Views: 1262272

Re: U.S. stocks in freefall

With regard to your long-term concerns, I'll just say this: "2001: A Space Odyssey." Add to this: 1997: the launch of the Jupiter 2 2010: Dr. Chandra goes to Jupiter and the Discovery to resuscitate HAL 2015: Marty McFly, his girlfriend Jennifer, and Dr. Emmett Brown arrive from the year 1985 Nobod...
by oldcomputerguy
Wed Jan 31, 2018 9:27 am
Forum: Investing - Help with Personal Investments
Topic: Introduction, or How does my portfolio look?
Replies: 11
Views: 611

Re: Introduction

Greetings! Congratulations on taking the leap into taking charge of your retirement. The people here are knowledgeable and willing to help. To give them the best chance of giving you the answers you need, it will help if you provide the information in the format in this post.

Welcome.
by oldcomputerguy
Tue Jan 30, 2018 8:24 pm
Forum: Personal Consumer Issues
Topic: Paris Hotel Recommendations
Replies: 21
Views: 1538

Re: Paris Hotel Recommendations

If you want to spend a little more I'd recommend Pullman Paris Eiffel Tower. It's in front of the Mercure and has direct views of the tower. Good bar/restaurant to have a drink and watch the Tower's light show in the evening. DW and I stayed a couple of nights in the Pullman last May. Very disappoi...
by oldcomputerguy
Tue Jan 30, 2018 5:24 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 5576
Views: 1262272

Re: U.S. stocks in freefall

sreynard wrote:
Tue Jan 30, 2018 5:04 pm
I was too fat for a 152 with instructor.
Well, honesty forces me to admit that because of my weight we would have to measure the fuel carefully before takeoff; to meet gross weight & balance limits, we'd have to leave six gallons behind.
:oops:
by oldcomputerguy
Tue Jan 30, 2018 4:10 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 5576
Views: 1262272

Re: U.S. stocks in freefall

A reasonably priced Cessna Skyhawk?!? Now that is a good joke! ROTFLMAO! :D I haven't looked for a while, but all I could find are considerably older than I am. Have you checked on the price of a new one? OMG! That's crazy talk! Heh. I guess I assumed it was implicit when I said "reasonably priced"...
by oldcomputerguy
Tue Jan 30, 2018 2:31 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 5576
Views: 1262272

Re: U.S. stocks in freefall

OK, I officially nominate this the Willthrill81 and OldComputerGuy recession. It is obviously their stubborn refusal to needlessly consume that is causing this unprecedented collapse. :shock: Oh, it gets worse. I'm driving a paid-for 2004 Totota Tacoma pick-up truck, and have absolutely no intentio...
by oldcomputerguy
Tue Jan 30, 2018 1:02 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 5576
Views: 1262272

Re: U.S. stocks in freefall

willthrill81 wrote:
Tue Jan 30, 2018 12:51 pm
$1k for a phone? The inexpensive Android phone I'm using now is 4.5 years old and still works fine.
Indeed. The iPhone SE that I just bought works great, $179 retail at Target.
by oldcomputerguy
Tue Jan 30, 2018 12:39 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 5576
Views: 1262272

Re: U.S. stocks in freefall

willthrill81 wrote:
Tue Jan 30, 2018 12:27 pm
Any clue on why this move is occurring? I can't see any significant news indicating why.
Fidelity is blaming it on bond yields, healthcare sector, and expected disappointing sales figures for the iPhone X. But who really knows?
by oldcomputerguy
Tue Jan 30, 2018 11:09 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 5576
Views: 1262272

Re: U.S. stocks in freefall

fantasytensai wrote:
Mon Jan 29, 2018 12:59 pm
I have 20% position in TBM and dividends have not come close to making up for the rapid drop in NAV.
NAV is only relevant if you want either to buy or sell. If you're holding forever, it doesn't matter.
:beer
by oldcomputerguy
Mon Jan 29, 2018 5:30 pm
Forum: Investing - Theory, News & General
Topic: Sense of security with ETF's?
Replies: 10
Views: 908

Re: Sense of security with ETF's?

If things hit the fan and you ever needed to sell off. For obvious reasons being able to instantly sell off versus being forced waiting until the closing bell. Thoughts? If you're in a mind-set where you "need to sell off", likely others are as well. In order to sell an ETF share, just as with a sh...
by oldcomputerguy
Sun Jan 28, 2018 6:29 pm
Forum: Investing - Help with Personal Investments
Topic: fund or stock picks for small taxable account in low tax bracket
Replies: 5
Views: 418

Re: fund or stock picks for small taxable account in low tax bracket

I am blessed with tax advantaged funds with good fund choices. So there is no need to escape to taxable for cheaper funds. 401k and Roths are in Fidelity stock and bond index funds at 0.07. My HSA is 50/50 Vanguard total stock and total bond market, although I have considered moving it to higher bo...
by oldcomputerguy
Sun Jan 28, 2018 1:56 pm
Forum: Personal Finance (Not Investing)
Topic: How do you decide how wealthy you really are?
Replies: 58
Views: 7927

Re: How do you decide how wealthy you really are?

They say when the market goes down, you really haven't lost anything until you sell the assets. By the same token, when the market goes up, until you sell, you have nothing in your hands. On any given day, for long term planning, how do figure out or think about how much you really have? Look at my...