Search found 2753 matches

by rgs92
Wed Apr 22, 2020 11:28 pm
Forum: Personal Consumer Issues
Topic: Costco Delivery
Replies: 41
Views: 5793

Re: Costco Delivery

It looks like you need to go to Costco in person to use your Costco rewards certificate you get with your Costco Visa credit card. Can you use it online during the current stay-home situation? I don't see anything about this on the website, so it seems you still cannot use it online. Is this correct...
by rgs92
Sun Apr 19, 2020 11:53 am
Forum: Personal Consumer Issues
Topic: Office chair recommendation for carpeted home office
Replies: 29
Views: 2374

Re: Office chair recommendation for carpeted home office

I have used the same Steelcase office chair for over 20 years and really like it. It has functioned perfectly and never needed repair. I think it cost about $300 back then. It's one of the best things I ever bought. It just feels really good to me. It has just the right amount of springiness in the ...
by rgs92
Thu Apr 16, 2020 1:54 pm
Forum: Personal Investments
Topic: Why has the advice on how much house to buy changed over the years?
Replies: 37
Views: 1537

Re: Why has the advice on how much house to buy changed over the years?

Thanks for all the perspectives. Yep, the big money managers could, I guess, snap up tons of houses, but instead they buy stocks. I'm thinking that a house is just one part of your portfolio, and good for diversification, maybe as non-correlated asset.
by rgs92
Thu Apr 16, 2020 1:05 pm
Forum: Personal Investments
Topic: Why has the advice on how much house to buy changed over the years?
Replies: 37
Views: 1537

Re: Why has the advice on how much house to buy changed over the years?

Vineviz, yep, Stocks have definitely been popularized since 30 years ago (maybe in large part to Jack Bogle and Peter Lynch.) [I like the Peter Lynch quote in your signature. My favorite Peter Lynch one is: I have no idea whether the next Dow 1000 point move is up or down, but I know the next 10,000...
by rgs92
Thu Apr 16, 2020 12:55 pm
Forum: Personal Investments
Topic: Why has the advice on how much house to buy changed over the years?
Replies: 37
Views: 1537

Re: Why has the advice on how much house to buy changed over the years?

Yep Megabad, I think for many the outside return that many hope for is all about leverage, rather than rent-vs-buy calculations.
by rgs92
Thu Apr 16, 2020 12:48 pm
Forum: Personal Investments
Topic: Why has the advice on how much house to buy changed over the years?
Replies: 37
Views: 1537

Re: Why has the advice on how much house to buy changed over the years?

So has the new tax law situation been a big factor, now that that the value of interest/property tax deductions often have no value vs. the standard deduction (just to be clear)? You used to get a big instant subsidy from the IRS every year, and that's basically all gone for a primary residence for ...
by rgs92
Thu Apr 16, 2020 12:39 pm
Forum: Personal Investments
Topic: Why has the advice on how much house to buy changed over the years?
Replies: 37
Views: 1537

Re: Why has the advice on how much house to buy changed over the years?

Yep Randomguy, that's kind what of prompted my question, since I hear substantially different opinions from HCOL owners (notably long term ones) vs. the responses here to house-buying questions. Yep, Jags, NJ has turned out to be a real wake-up call for many homeowners, almost the opposite of west c...
by rgs92
Thu Apr 16, 2020 12:19 pm
Forum: Personal Investments
Topic: Why has the advice on how much house to buy changed over the years?
Replies: 37
Views: 1537

Re: Why has the advice on how much house to buy changed over the years?

Well, as an aside, from what I hear it is still the feeling that house prices just go up monotonically in or around the super cites, like on the West Coast.
(I don't say this is true, just to be clear, but I hear this a lot.)

Is this simply recency bias and 20/20 hindsight?
by rgs92
Thu Apr 16, 2020 12:14 pm
Forum: Personal Investments
Topic: Why has the advice on how much house to buy changed over the years?
Replies: 37
Views: 1537

Re: Why has the advice on how much house to buy changed over the years?

So was that the big wake-up call, the financial crisis? (Ha ha, now we have to specify it was the last one, in 2008).
I mean, the stock market crashes of 1987 and 2009 didn't imply that the stock market was bad. (Or the current one either.)
Thanks.
by rgs92
Thu Apr 16, 2020 12:11 pm
Forum: Personal Investments
Topic: Why has the advice on how much house to buy changed over the years?
Replies: 37
Views: 1537

Why has the advice on how much house to buy changed over the years?

I remember up until about 1990 the advice was to buy a house (almost the more house the better) as a pillar of long term financial success. But now the advice seems to be the opposite, just buy what you need, even the bare minimum to be comfortable. (Certainly here on this forum this is the case.) W...
by rgs92
Wed Apr 15, 2020 3:33 pm
Forum: Investing - Theory, News & General
Topic: "Marketing timing" comments from a quant
Replies: 106
Views: 4642

Re: "Marketing timing" comments from a quant

Maybe it's been said in this thread, but if there was a sure-fire way to beat the index with timing, all the big-money managers would have this in their algorithms and they would be beating the S&P or TSM, but they are not. And there would be all these "index-plus" active funds that would beat the i...
by rgs92
Tue Apr 14, 2020 10:51 am
Forum: Personal Consumer Issues
Topic: What Amazon Prime (free) movies y'd recommend ?
Replies: 78
Views: 6865

Re: What Amazon Prime (free) movies y'd recommend ?

The Founder. (About Ray Kroc, the founder of McDonalds.)
by rgs92
Mon Apr 13, 2020 5:17 pm
Forum: Personal Investments
Topic: A tale of three regrets
Replies: 52
Views: 7848

Re: A tale of three regrets

Lessons? You should pat yourself on the back because you are basically staying the course by keeping your allocation percentages in a pretty narrow range (53 to 61% stocks) through all this volatility. Sure you made a few modest moves, but it was basically minor churning since you did nothing huge l...
by rgs92
Mon Apr 13, 2020 3:32 pm
Forum: Personal Finance (Not Investing)
Topic: Just how easy is owning real estate if you have a property manager? (super easy, or just “less hard”)?
Replies: 51
Views: 4785

Re: Just how easy is owning real estate if you have a property manager? (super easy, or just “less hard”)?

Right, but the key is long-term, not flipping as a lot of people think. Good explanation; thanks.
Yep, the key is make the renter pay the cost of holding the property, and when it's paid off, the rent is gravy (net of taxes and maintenance of course).
Thanks again.
by rgs92
Mon Apr 13, 2020 3:24 pm
Forum: Investing - Theory, News & General
Topic: Does compounding really work with stocks?
Replies: 64
Views: 4786

Re: Does compounding really work with stocks?

Yep, I always thought that compounding applied to interest bearing instruments, like CDs or money market funds, not stocks.
[ Like X*((1+r)^N) ].
by rgs92
Mon Apr 13, 2020 3:20 pm
Forum: Personal Finance (Not Investing)
Topic: Ally CD questions
Replies: 13
Views: 1327

Re: Ally CD questions

I would get the no-penalty flavors if you think you might break them. If not, I would put the money you intend to let sit until maturity into the regular ones.
by rgs92
Sun Apr 12, 2020 8:04 pm
Forum: Personal Investments
Topic: How should I proceed?
Replies: 13
Views: 1154

Re: How should I proceed?

If they let you work beyond 50, take advantage of it and keep going. It's a privilege to be kept on in middle age in much of private industry. Do not just up and quit your job unless you have so much money you don't even have to think about how much you have. But your question makes sense if you are...
by rgs92
Sun Apr 12, 2020 7:56 pm
Forum: Personal Finance (Not Investing)
Topic: When to take social security
Replies: 24
Views: 1830

Re: When to take social security

What about taking Social Security earlier than planned so you would not have to draw too much from your portfolio each month and at the same time *increasing* your allocation to stocks, since you can afford to leave stocks to grow with, as the saying goes, more time in the market. Of course, this is...
by rgs92
Sun Apr 12, 2020 1:32 pm
Forum: US Chapters
Topic: Consider Zoom video conferencing for chapter meetings
Replies: 16
Views: 1418

Re: Consider Zoom video conferencing for chapter meetings

OK, thanks. I never tried it. I guess it's OK for something nice and friendly like a Bogleheads meeting, but I'd still think it would be awful at work.
(LOL, I sure hope things don't get too heated at Bogleheads chapter meetings...)
by rgs92
Sun Apr 12, 2020 1:23 pm
Forum: US Chapters
Topic: Consider Zoom video conferencing for chapter meetings
Replies: 16
Views: 1418

Re: Consider Zoom video conferencing for chapter meetings

I don't know what's wrong with good old-fashioned conference calls. There is much less chance for being embarrassed if someone sees you at the wrong moment (and you can't slip away for a minute if you need to). It's stressful to be on a dedicated video panel constantly for the entire meeting. Confer...
by rgs92
Sun Apr 12, 2020 1:10 pm
Forum: Personal Investments
Topic: Schwab Intelligent Portfolios® Fees
Replies: 5
Views: 660

Re: Schwab Intelligent Portfolios® Fees

The article is behind the WSJ paywall. But thanks anyway. But .3% is too high and who knows what the ETF ERs are, and if they are sectors or what? The wording is so dense it's hard to see if the .3% estimate includes the ERs. I would stay away. And their commercials are too slick for me. I would jus...
by rgs92
Sun Apr 12, 2020 12:43 pm
Forum: Investing - Theory, News & General
Topic: Why do investors say stock picking is risky?
Replies: 79
Views: 4503

Re: Why do investors say stock picking is risky?

Maybe computer people here and others can remember when DEC was the wave of the future... (Digital Eqpt. Corp.; minicomputers and client-server would run everything; VAX system expertise and the associated proprietary operating system was a big in-demand skill. Boston was the silicon valley of the d...
by rgs92
Sun Apr 12, 2020 12:12 pm
Forum: Personal Finance (Not Investing)
Topic: Just how easy is owning real estate if you have a property manager? (super easy, or just “less hard”)?
Replies: 51
Views: 4785

Re: Just how easy is owning real estate if you have a property manager? (super easy, or just “less hard”)?

You started by saying you wanted to own real estate to get leverage. Could you elaborate on this? Real Estate is an investment vehicle with returns (or losses) like any other investment. Leverage as a factor by itself is not necessarily an advantage, but it could be if there are large capital gains ...
by rgs92
Sat Apr 11, 2020 2:32 pm
Forum: Personal Finance (Not Investing)
Topic: Executive pay cut request: How to respond?
Replies: 130
Views: 13307

Re: Executive pay cut request: How to respond?

The wrong type of job is called software-related or systems-support. The various types of jobs comprised about 90% of the workforce. But this happened to people at all sorts of levels, even up to senior VP, but the pyramid structure effectively made it hit mostly the everyday rank-and-file professio...
by rgs92
Sat Apr 11, 2020 2:25 pm
Forum: Personal Finance (Not Investing)
Topic: Executive pay cut request: How to respond?
Replies: 130
Views: 13307

Re: Executive pay cut request: How to respond?

Severance? When the big telecom companies transferred many 10s of thousands of full-time direct employees (entire departments) to contracting companies ("outsourcing") those employees lost all their service credits (20 or 30 years' worth) and then most of them got let go shortly after by the contrac...
by rgs92
Sat Apr 11, 2020 9:26 am
Forum: Personal Investments
Topic: Are 60/40 stock/bond portfolios doing fine?
Replies: 16
Views: 2477

Re: Are 60/40 stock/bond portfolios doing fine?

Thanks to ColoradoRick for the nice words. MotoTrojan, thanks also for the comments. You say a 2% real return for the next several decades may easily happen on a 60/40 portfolio, but even the dividend payout on the stock market (now about 2.25%) and the yield on total bond market is similar ( over 2...
by rgs92
Fri Apr 10, 2020 12:55 pm
Forum: Personal Investments
Topic: Are 60/40 stock/bond portfolios doing fine?
Replies: 16
Views: 2477

Re: Are 60/40 stock/bond portfolios doing fine?

Thanks Coltrane. I think, from a behavioral perspective, if you just intentionally get stuck in the same asset allocation for a really long time, like decades, you just get used to it and actually find it difficult to deviate from it ever.
by rgs92
Fri Apr 10, 2020 12:46 pm
Forum: Personal Investments
Topic: Are 60/40 stock/bond portfolios doing fine?
Replies: 16
Views: 2477

Re: Are 60/40 stock/bond portfolios doing fine?

edit: I added 3 year annualized reported returns to the original post (VBIAX= 5.07%, homemade 60/40 one = 4/47%).
by rgs92
Fri Apr 10, 2020 12:24 pm
Forum: Personal Investments
Topic: Are 60/40 stock/bond portfolios doing fine?
Replies: 16
Views: 2477

Re: Are 60/40 stock/bond portfolios doing fine?

Well, all I know is that roughly 60/40 has served me well for about 25 years, so I'll just stay keeping the faith. Thanks DBR and Livesoft. Hopefully (famous last words) I'll be on one of those nice uphill Monte Carlo curves for life. It's just that there has been so much gloom-and-doom talk here in...
by rgs92
Fri Apr 10, 2020 12:19 pm
Forum: Personal Investments
Topic: Are 60/40 stock/bond portfolios doing fine?
Replies: 16
Views: 2477

Re: Are 60/40 stock/bond portfolios doing fine?

Vanguard.com and Morningstar.com both report that VBIAX is -7.05% YTD, so you have a problem with your numbers. I just looked at Yahoo Finance for the VBIAX result, but if it really is only down 7.05%, that's even better news! So it seems that the good old 60/40 is indeed working. Thank you Livesof...
by rgs92
Fri Apr 10, 2020 12:13 pm
Forum: Personal Investments
Topic: Are 60/40 stock/bond portfolios doing fine?
Replies: 16
Views: 2477

Are 60/40 stock/bond portfolios doing fine?

I have 2 portfolios, one all in VBIAX (Vanguard Balanced Index), and another in a 60/40 stock/bond portfolio that re-balances every 3 months (the last time in February). So both of these are portfolios are about 60/40, just with continuous or quarterly re-balancing. YTD results: VBIAX: down 11.6%, t...
by rgs92
Thu Apr 09, 2020 10:11 am
Forum: Personal Finance (Not Investing)
Topic: Feeling stuck in career - what did you do to "unstuck" yourself?
Replies: 41
Views: 3825

Re: Feeling stuck in career - what did you do to "unstuck" yourself?

livesoft wrote: Thu Apr 09, 2020 6:57 am To get unstuck and switch gear: Get married. Have children. Seriously. Don't begin sentences with the word "Me."
Danger Will Robinson! :happy
by rgs92
Thu Apr 09, 2020 12:45 am
Forum: Personal Finance (Not Investing)
Topic: Can't Get Mobile Deposit to Work - Capital One
Replies: 18
Views: 785

Re: Can't Get Mobile Deposit to Work - Capital One

Ally works like a charm for this. Just snap a photo of the front and back of the check on your phone, mail the photos to yourself, go in your email to download them to your computer, and use the Ally Deposit function when you are logged into your Account to upload the photos. It works perfectly for ...
by rgs92
Wed Apr 08, 2020 11:45 am
Forum: Personal Investments
Topic: [Panicked and moved to cash. What to do next?]
Replies: 106
Views: 13185

Re: I am a Massive Loser

As Bruce Williams used to say, if you've learned something from this then it was worth it. Hope everything works out for you; it will in the long run. Ha ha, 'been a long time since I've heard Bruce Williams cited. Good one. I used to listen to him all the time. Thanks. (I doubt if many out there k...
by rgs92
Wed Apr 08, 2020 11:36 am
Forum: Personal Investments
Topic: Move Vanguard funds to Fidelity?
Replies: 20
Views: 1409

Re: Move Vanguard funds to Fidelity?

To answer your original question, there is no disadvantage to holding Vanguard funds in your Fidelity account. I have VBIAX (balanced index) in mine and have had it there for years (and some Vang. equity income). The only issue is the $75 commission to buy any amount. But if it's already there, I wo...
by rgs92
Wed Apr 08, 2020 11:26 am
Forum: Investing - Theory, News & General
Topic: Buy S&P 500 ETF at Market Open, Sell at Close
Replies: 25
Views: 2326

Re: Buy S&P 500 ETF at Market Open, Sell at Close

Yep, as Watchnerd astutely observed, as soon as a pattern starts to work, it stops, or goes into reverse, and you suffer.
by rgs92
Tue Apr 07, 2020 5:51 pm
Forum: Personal Finance (Not Investing)
Topic: Fellow BH new yorkers, is moving to NY worth it ? (Covid issues aside)
Replies: 40
Views: 2478

Re: Fellow BH new yorkers, is moving to NY worth it ? (Covid issues aside)

Yep, EnjoyIt is right here and assessed the pros and cons very well. I would just add that having a high paying job in the suburbs of NY is probably the best situation, since you can live near your job (if it pays enough) and have a short, no-stress commute. (Or you have to live in the city for insa...
by rgs92
Tue Apr 07, 2020 5:32 pm
Forum: Personal Finance (Not Investing)
Topic: Fellow BH new yorkers, is moving to NY worth it ? (Covid issues aside)
Replies: 40
Views: 2478

Re: Fellow BH new yorkers, is moving to NY worth it ? (Covid issues aside)

Yeah, Queens is a nice place to live. It's also best bang for the buck in the city, even if you are beyond the subway lines. I'd live in Queens again if I could. Queens has all sorts of neighborhoods and vibes, and it's not as intense as Manhattan or Brooklyn. And there is lots of diversity, and eve...
by rgs92
Tue Apr 07, 2020 2:02 pm
Forum: Personal Finance (Not Investing)
Topic: Fellow BH new yorkers, is moving to NY worth it ? (Covid issues aside)
Replies: 40
Views: 2478

Re: Fellow BH new yorkers, is moving to NY worth it ? (Covid issues aside)

I think living in the city itself would provide a good, active social life if that is what you seeking. Best of luck. I would try to live within 40 miles of where you work. That should keep your commute to a reasonable 75-90 minutes door to door depending on the traffic or weather. That's a fairly c...
by rgs92
Tue Apr 07, 2020 1:52 pm
Forum: Personal Finance (Not Investing)
Topic: Fellow BH new yorkers, is moving to NY worth it ? (Covid issues aside)
Replies: 40
Views: 2478

Re: Fellow BH new yorkers, is moving to NY worth it ? (Covid issues aside)

Point taken fareast.... But I'm not sure living out on Long Island would be a great solution for this if that is a major issue. It can be lonely out there. It's not very walkable and it does not have urban amenities for a single person. And a lot of the younger people are leaving because they can't ...
by rgs92
Tue Apr 07, 2020 1:35 pm
Forum: Personal Finance (Not Investing)
Topic: Fellow BH new yorkers, is moving to NY worth it ? (Covid issues aside)
Replies: 40
Views: 2478

Re: Fellow BH new yorkers, is moving to NY worth it ? (Covid issues aside)

Regardless of the geographic issue, if you have roots in your current job and you have a (apparently) very good reputation, do not leave. Do you really want to prove yourself all over again? Changing jobs is a minefield of dangers. Don't give up a good thing. (I would only say move if you were going...
by rgs92
Tue Apr 07, 2020 12:25 pm
Forum: Personal Investments
Topic: Benefits/novelty of single share of BRK.B?
Replies: 21
Views: 1767

Re: Benefits/novelty of single share of BRK.B?

GEICO told me when I applied that they don't offer any discounts for insurance for holding their stock anymore.
by rgs92
Tue Apr 07, 2020 12:17 pm
Forum: Investing - Theory, News & General
Topic: SPY vs VOO Dividend Yield
Replies: 14
Views: 765

Re: SPY vs VOO Dividend Yield

Index fund reported yields have always always seem flaky to me (for both ETFs and regular funds). For example, here are yields reported on Yahoo Finance for some major ETFs for S&P500: IVV (Ishares ETF) = 2.64% VOO (Vanguard) = 2.24% For Total Stock Market(also Ishares + Vanguard): ITOT = 2.44% VTI ...
by rgs92
Mon Apr 06, 2020 12:09 am
Forum: US Chapters
Topic: Bogleheads community discussion - Coronavirus
Replies: 1653
Views: 77641

Re: I have COVID-19. Some thoughts.

All the best to you.
by rgs92
Sun Apr 05, 2020 11:49 pm
Forum: Personal Finance (Not Investing)
Topic: Home mortgage deferral with Wells Fargo
Replies: 37
Views: 4095

Re: Home mortgage deferral with Wells Fargo

While the article says this won't be reported as late payments to the credit reporting agencies, I'd be nervous about some sort of info getting into the hands of FICO or one of the other agencies and how their algorithms would deal with that. So I'd avoid this unless it was really needed, just feeli...
by rgs92
Sun Apr 05, 2020 11:39 pm
Forum: Personal Consumer Issues
Topic: No Car for a couple Months (Insurance)
Replies: 10
Views: 790

Re: No Car for a couple Months (Insurance)

Did someone (or 2 or 3 posters here) say they pay $200 for 6 months? That seems awfully cheap, even for someone with a perfect driving record with no past claims or tickets. Is that GEICO? (Maybe there is no collision coverage and that helps...) Thanks.
by rgs92
Sun Apr 05, 2020 11:23 pm
Forum: Investing - Theory, News & General
Topic: Dow Futures Up Again?
Replies: 131
Views: 8305

Re: Dow Futures Up Again?

The market is unpredictable. If it was predictable it would not exist.
by rgs92
Sat Apr 04, 2020 9:08 am
Forum: Investing - Theory, News & General
Topic: Good Jonathan Clements piece, "Facts of Life"
Replies: 14
Views: 1427

Re: Good Jonathan Clements piece, "Facts of Life"

The downturn seems to be within range of a normal bear market (down 30%). In fact, given the terrible circumstances causing it, it actually proves (or at least plausibly or arguably indicates) the strength of the stock market. So maybe there is an optimistic way to view the market behavior. I think ...