Search found 156 matches

by dcw213
Thu May 16, 2019 6:26 pm
Forum: Investing - Theory, News & General
Topic: Did you buy the 600+ dip last week ?
Replies: 129
Views: 9216

Re: Did you buy the 600+ dip last week ?

Unless you moved a serious chunk of money, the impact of “buying this dip” will be nothing in the grand scheme of investing. For a forum of “ignore the noise” rationale I see a lot of folks focusing on the noise when it gets them an extra $100 but writing off when the opposite happens as “noise”. D...
by dcw213
Wed May 15, 2019 6:23 pm
Forum: Investing - Theory, News & General
Topic: Did you buy the 600+ dip last week ?
Replies: 129
Views: 9216

Re: Did you buy the 600+ dip last week ?

Unless you moved a serious chunk of money, the impact of “buying this dip” will be nothing in the grand scheme of investing. For a forum of “ignore the noise” rationale I see a lot of folks focusing on the noise when it gets them an extra $100 but writing off when the opposite happens as “noise”. D...
by dcw213
Wed May 15, 2019 5:56 pm
Forum: Investing - Theory, News & General
Topic: Did you buy the 600+ dip last week ?
Replies: 129
Views: 9216

Re: Did you buy the 600+ dip last week ?

Unless you moved a serious chunk of money, the impact of “buying this dip” will be nothing in the grand scheme of investing. For a forum of “ignore the noise” rationale I see a lot of folks focusing on the noise when it gets them an extra $100 but writing off when the opposite happens as “noise”. Di...
by dcw213
Mon May 13, 2019 9:18 pm
Forum: Personal Finance (Not Investing)
Topic: Careers in art
Replies: 91
Views: 5232

Re: Careers in art

I have to agree with KlangFool on this one. I have seen far too many waste an education that cost six figures plus with no real plan. It’s a tough question and a fine line to decide when to lay down the law on your wishes. Klangfool seemed to hit on the head when he said that he has to be convinced ...
by dcw213
Thu May 09, 2019 9:58 pm
Forum: Personal Investments
Topic: Hedge against the decline of the Realtor profession
Replies: 48
Views: 4602

Re: Hedge against the decline of the Realtor profession

This is a very interesting topic. I work in the industry (housing finance). It is a crazy one for many reasons. Home values are supported due almost entirely to the fact that the government takes on nearly all mortgage credit risk (why else would investors in long term fixed rate prepayabpe debt acc...
by dcw213
Sat Apr 27, 2019 8:59 am
Forum: Personal Finance (Not Investing)
Topic: Whats the Point of Climbing the Corporate Ladder?
Replies: 164
Views: 18695

Re: Whats the Point of Climbing the Corporate Ladder?

Great question and a lot of good responses thus far. I feel like I am a good case study as I never had ambition to climb the ladder but fell into the opportunity due to consistent good work and, frankly, a "lucky" and odd sequence of events. I did not, nor would I have, put in the political effort o...
by dcw213
Mon Apr 01, 2019 6:47 pm
Forum: Personal Finance (Not Investing)
Topic: 11-year old with iPhone - advice on how best to manage?
Replies: 68
Views: 5293

Re: 11-year old with iPhone - advice on how best to manage?

Wow - reading this thread caused me a great deal of anxiety. I am in my mid 30s so lived through the internet age as a minor but certainly did not grow up with it. Always accessible high speed WiFi wasn’t a thing until 2nd half of college. Most of my friends are not all that active on the social med...
by dcw213
Wed Mar 27, 2019 11:02 am
Forum: Personal Investments
Topic: Should I Own Any Other Bonds if I Have Access to the Government G-Fund?
Replies: 8
Views: 1041

Re: Should I Own Any Other Bonds if I Have Access to the Government G-Fund?

The G Fund is definitely something my wife and I have used for a lot of our fixed income. This recent yield curve inversion, however, proves that it is not always a guaranteed win. Bond prices have rallied and the g fund yield is dropping to levels that are lower than online savings accounts or shor...
by dcw213
Fri Mar 15, 2019 9:01 pm
Forum: Personal Investments
Topic: The case for 100% equities
Replies: 199
Views: 14603

Re: The case for 100% equities

I could be wrong (and please forgive me if I am) but I have your name pegged as one that posts emotionally during declines in the market price of equities. If this is correct, please, for your own sake, do not tinker and keep your AA. Overthinking, especially as someone visibly impacted during volat...
by dcw213
Wed Mar 06, 2019 6:54 pm
Forum: Personal Investments
Topic: ESPP shares tank before I can sell
Replies: 26
Views: 1725

Re: ESPP shares tank before I can sell

This is an interesting post and a topic I have pondered passively for some time. My first job was with a mid cap public firm. We had a 15% discount on the ESPP. Even before I was financially savvy it was clear to me that this was free money to be had. I maxed out and sold immediately for the first c...
by dcw213
Sat Feb 16, 2019 5:26 pm
Forum: Personal Finance (Not Investing)
Topic: Life As A Negative Asset
Replies: 30
Views: 2764

Re: Life As A Negative Asset

I like thinking about personal finance intricacies as much as the rest of this forum, but this is off the deep end in my opinion. Your life is not a business that can be valued and sold. GAAP accounting does not apply. This seems like some sort or odd optimization theory - relax and enjoy life.
by dcw213
Sat Feb 16, 2019 4:07 pm
Forum: Personal Investments
Topic: Am I trying to time the market?
Replies: 20
Views: 1176

Re: Am I trying to time the market?

Because you are new to investing and seem to be tuned into the daily headlines and market movements, my advice would be to plug in something like $10k per month into the total market fund over the next year plus. If we do see a downturn you may have a hard time psychologically if your entire investm...
by dcw213
Thu Feb 07, 2019 7:05 pm
Forum: Personal Investments
Topic: Penfed 10 yr 5% IRA CD's- break CD's early?
Replies: 5
Views: 778

Re: Penfed 10 yr 5% IRA CD's- break CD's early?

I'd say that nearly all on this forum would be lining up to buy a 5% CD with a 2 year duration today. Don't see why you would give this up.
by dcw213
Sun Feb 03, 2019 4:43 pm
Forum: Personal Investments
Topic: Besides your core.. anyone also hold a play account?
Replies: 61
Views: 3610

Re: Besides your core.. anyone also hold a play account?

I used to use an old brokerage account to trade stocks and sell covered calls. The account was just under 1% of net worth. I justified it as entertainment and education. I think there was some value in the education, mostly the outcome supporting that I could not consistently beat the market. I neve...
by dcw213
Tue Jan 22, 2019 9:59 pm
Forum: Personal Finance (Not Investing)
Topic: Reaching Severe Burnout - Can I Scale Back Career?
Replies: 64
Views: 11670

Re: Reaching Severe Burnout - Can I Scale Back Career?

Not to say either way is right or wrong, it's more than career decisions are really nuanced and situation-dependent and we both did the right thing in our own life context. Thanks for this reply, I agree completely. Your experience is more along what I was expecting and I'm sure I would have pursue...
by dcw213
Tue Jan 22, 2019 8:57 pm
Forum: Personal Finance (Not Investing)
Topic: Reaching Severe Burnout - Can I Scale Back Career?
Replies: 64
Views: 11670

Re: Reaching Severe Burnout - Can I Scale Back Career?

Thanks for the epilogue. Good to see the less-is-more approach working for you. You’re right, unless you’re literally fighting fires, nobody is going to die if you don’t get the TPS reports done by COB. (Sorry about the mangled metaphor ... you get the idea...) Exactly. The world keeps turning, the...
by dcw213
Tue Jan 22, 2019 8:22 pm
Forum: Personal Finance (Not Investing)
Topic: Reaching Severe Burnout - Can I Scale Back Career?
Replies: 64
Views: 11670

Re: Reaching Severe Burnout - Can I Scale Back Career?

OP here. Upon some recent reflection it struck me that it would be a good idea to revisit this thread that I started in 2014 and provide an update. Much of the advice that I received was incredibly helpful and gave me a lot to think about during this difficult period I was in the midst of, so thanki...
by dcw213
Sun Jan 20, 2019 1:29 pm
Forum: Personal Finance (Not Investing)
Topic: Evaluating Job Offer - Longer Commute
Replies: 63
Views: 4418

Re: Evaluating Job Offer - Longer Commute

That commute sounds like a non starter to me. Not even the time and hours in the car, think about the mileage that will pile up quickly. Lots of increased costs of gas and car maintenance/replacement.
by dcw213
Sun Jan 13, 2019 3:40 pm
Forum: Personal Finance (Not Investing)
Topic: Pay off a 30 year mortgage in 15 years? The cost of flexibility
Replies: 100
Views: 14657

Re: Pay off a 30 year mortgage in 15 years? The cost of flexibility

Your cited rates don't seem right. The current difference between 30 and 15 year fixed is closer to 50-60 bps rather than your 100 bps. This changes the economics drastically. At 50 bps I would say the flexibility of the 30 is worth the incremental interest expense. At 100 I would be inclined to go ...
by dcw213
Sun Jan 13, 2019 2:54 pm
Forum: Investing - Theory, News & General
Topic: I don't understand the case for EE bonds
Replies: 430
Views: 47384

Re: I don't understand the case for EE bonds

I meant, of course, that I'd bet I could do better than 3.5% nominal over 20 years. What I don't understand is why the annual purchases are limited? [/quote] You do realize that 20 and 30 year treasuries yield considerably lower than 3.5%. By your logic nobody would buy treasuries yet they are purch...
by dcw213
Wed Jan 09, 2019 7:21 pm
Forum: Personal Investments
Topic: High Income for First Time, Kid on the Way, and I'm Overwhelmed with My Options (Long)
Replies: 43
Views: 3905

Re: High Income for First Time, Kid on the Way, and I'm Overwhelmed with My Options (Long)

Generally speaking your plan makes a lot of sense and seems well thought out. You are clearly a planner. I would echo advice that others have said to relax a bit from the details and acknowledge that your life will change drastically in March. My own experience was that the first 1.5 years were a bl...
by dcw213
Wed Jan 02, 2019 10:08 am
Forum: Personal Finance (Not Investing)
Topic: Early Withdrawal Penalty on CD and Taxes
Replies: 3
Views: 309

Re: Early Withdrawal Penalty on CD and Taxes

Thank you. So I would assume I would still receive a 1099 in the event there was no interest paid to me by the institution (solely to report the penalty)? This is where I am concerned.
by dcw213
Wed Jan 02, 2019 9:23 am
Forum: Personal Finance (Not Investing)
Topic: Early Withdrawal Penalty on CD and Taxes
Replies: 3
Views: 309

Early Withdrawal Penalty on CD and Taxes

I am considering withdrawing a material balance of CDs that I have at a credit union to redeploy at higher available rates elsewhere. This would result in about $1k of early withdrawal penalties (last 6 months of interest). If I were to do this today, it is likely that I will not receive any interes...
by dcw213
Thu Dec 27, 2018 8:59 pm
Forum: Personal Investments
Topic: Emotional attachment to a stock CPST? (Anchoring)
Replies: 10
Views: 445

Re: Emotional attachment to a stock CPST? (Anchoring)

This is an interesting question. To me, it really depends on how much $2K and the loss deduction value would be relative to your portfolio and goals. If it would help in the slightest I would say sell and redeploy and write of losses. If it is truly noise I feel like the sentimental value may be wor...
by dcw213
Wed Dec 26, 2018 9:20 am
Forum: Personal Investments
Topic: Anyone Else Buying Xmas Sale in Equities?
Replies: 33
Views: 4981

Re: Anyone Else Buying Xmas Sale in Equities?

It's interesting that at this same level while the market was rising, there was no enthusiasm about equities being a bargain - in fact everyone was concerned about investing at all-time highs. To me, this is the best perspective to have. I always scratch my heads a bit when there are so many on thi...
by dcw213
Thu Dec 20, 2018 3:46 pm
Forum: Personal Investments
Topic: Peer to Peer Lending/Investing
Replies: 17
Views: 1187

Re: Peer to Peer Lending/Investing

I have posted on this topic in the past, I would not recommend it. I have used PeerStreet for real estate backed loans. The platform is nice and the reps are friendly but I agree with posters above that if the economy or housing market hiccups, these are the first to default. All in all I lent about...
by dcw213
Thu Dec 20, 2018 3:33 pm
Forum: Personal Investments
Topic: Best way to short the equity market
Replies: 130
Views: 10173

Re: Best way to short the equity market

OP, it seems you are just here to try to get a rise out of people. With all of the links you posted implying that you are a close follower of the market and investing strategies, surely you could figure out how to short the market without the help of this forum. Good luck in your effort to call the ...
by dcw213
Fri Dec 07, 2018 11:00 pm
Forum: Personal Finance (Not Investing)
Topic: Dependent Care FSA Issues
Replies: 5
Views: 507

Re: Dependent Care FSA Issues

Interesting insight, I had not considered since we do all benefits through my work. Will look into, thank you.
by dcw213
Fri Dec 07, 2018 10:21 pm
Forum: Personal Finance (Not Investing)
Topic: Dependent Care FSA Issues
Replies: 5
Views: 507

Dependent Care FSA Issues

I have had some unforeseen issues related to my dependent care FSA which I am hoping people in the know can help guide me on. My wife and I both work and had our one and only child in 2016. During open enrollment for 2017 year, I opted to max out the dependent care FSA as we had employed a nanny and...
by dcw213
Fri Nov 16, 2018 10:55 pm
Forum: Personal Finance (Not Investing)
Topic: New job concerns
Replies: 52
Views: 5856

Re: New job concerns

It's not clear what you do, and I'm generally one to side with at will employees over the expectations of employers as loyalty has broken down...however, a 4:15 departure would never be allowed in anywhere I have worked (perhaps unless a a 7am arrival). Unless you made the hours very specific during...
by dcw213
Thu Nov 01, 2018 6:22 pm
Forum: Personal Finance (Not Investing)
Topic: Ally Banking 1% extra back up to $1,000 on new money deposited
Replies: 621
Views: 73227

Re: Ally Banking 1% extra back up to $1,000 on new money deposited

The rollout and communication has been interesting to see unfold. I am a long time customer and received an email with the offer a few hours after reading about it on here. A family member is a newer customer and received no offer. I moved a large amount of money out of Ally savings in August in fav...
by dcw213
Sun Oct 28, 2018 2:10 pm
Forum: Personal Finance (Not Investing)
Topic: Buying a House - Mortgage or Cash?
Replies: 16
Views: 2416

Re: Buying a House - Mortgage or Cash?

Thanks everyone for the thoughtful responses. I agree with everyone who indicated I might not be personally prepared for this but after many conversations with my wife this is where we have landed. Regarding mortgage question the responses indicating that issues will arise have resonated with me the...
by dcw213
Tue Oct 23, 2018 1:33 pm
Forum: Personal Finance (Not Investing)
Topic: Buying a House - Mortgage or Cash?
Replies: 16
Views: 2416

Re: Buying a House - Mortgage or Cash?

Thank you for the replies. The capital gains hit would be there but may not be all that significant. We are fairly conservative at 60/40 and have a lot of taxable in high yield savings, short term CDs and iBonds. Would need to sell some appreciated equities though. Tax bill would likely be about $5K...
by dcw213
Tue Oct 23, 2018 8:31 am
Forum: Personal Finance (Not Investing)
Topic: Buying a House - Mortgage or Cash?
Replies: 16
Views: 2416

Buying a House - Mortgage or Cash?

Background: My wife and I are both 35 years old and after nearly 15 years of renting very cheap apartments in cities we have lived, we are planning on buying a house in the suburbs next year. For the record, I have always been a huge proponent of renting as I value mobility and limited stress regard...
by dcw213
Sun Sep 30, 2018 4:51 pm
Forum: Personal Finance (Not Investing)
Topic: Data Visualization—skill or career?
Replies: 9
Views: 1307

Re: Data Visualization—skill or career?

I think it's a skill that can open up the door to several career paths, but dont view it as a career in of itself. My career progression has been largely driven by an ability to understand data and present it in a way that is valuable and clear to consumers. I am very big on aesthetics and like the ...
by dcw213
Sun Aug 19, 2018 1:18 pm
Forum: Personal Investments
Topic: Expanding portfolio, real estate vs REITs, vs crowdfunding
Replies: 19
Views: 1875

Re: Expanding portfolio, real estate vs REITs, vs crowdfunding

I started Peer Street last year. I was attracted to the hard lending aspect of it (i.e. loans are backed by real estate) rather than the unsecured lending seen with Lending Club, Prosper, etc. I like the platform and customer service is pretty good but I am divesting as my loans liquidate. The main ...
by dcw213
Thu Aug 02, 2018 4:19 pm
Forum: Personal Finance (Not Investing)
Topic: Asset Liquidation Strategy
Replies: 1
Views: 267

Asset Liquidation Strategy

It appears that within the next 6 months, I will be buying my first home. I have had my expected down payment in savings accounts and CDs in preparation for this. The down payment will be a bit more than I anticipated and I am debating between liquidating Series I bonds or equity funds with LTCG. Se...
by dcw213
Mon Jul 16, 2018 5:52 pm
Forum: Personal Finance (Not Investing)
Topic: New Career Advice? Would you do it?
Replies: 18
Views: 2010

Re: New Career Advice? Would you do it?

It's a somewhat different story since you have no dependents, but I would think hard before you leave a Fed Gov't job for the unknown. I have a close acquaintance who left fed service after 10 years to "try something new". Turns out the grass was not greener and he has been trying to get back in sin...
by dcw213
Sat Jun 30, 2018 2:48 pm
Forum: Personal Investments
Topic: Investing in College (and Beyond)
Replies: 3
Views: 492

Re: Investing in College (and Beyond)

I think your enthusiasm is great and wish I was more dialed in to saving and investing at your age. The reality is that this $5k won't matter much in the long run, especially if you will get a $70k salary job after tax right out of college (seems high). My advice would be to continue contributing to...
by dcw213
Wed Jun 27, 2018 6:09 pm
Forum: Personal Investments
Topic: Feel like I'm sinking money into international
Replies: 100
Views: 14506

Re: Feel like I'm sinking money into international

I allocate 25% of my equities to international. I have also been directing most new contributions here in recent years. I have mentally noted the underperformance over time but was startled when I checked in on an old brokerage IRA with a small balance where I invested equal amounts in VTI, VEU, and...
by dcw213
Sat Jun 09, 2018 2:42 pm
Forum: Personal Investments
Topic: Accounts/Funds that Don't Show Dividends
Replies: 5
Views: 376

Re: Accounts/Funds that Don't Show Dividends

Thank you both - I don't prefer it but glad to hear it's somewhat standard.
by dcw213
Sat Jun 09, 2018 2:07 pm
Forum: Personal Investments
Topic: Accounts/Funds that Don't Show Dividends
Replies: 5
Views: 376

Accounts/Funds that Don't Show Dividends

I'm hoping some can help with some insight into something that concerns me a bit. In all my accounts to date I have clearly seen monthly interest or quarterly dividends post for bond or stock fund investments, respectively. Recently, however,I have new 401k, HSA, and 529 accounts thst do not show an...
by dcw213
Sat Jun 09, 2018 10:04 am
Forum: Personal Investments
Topic: Is investing in Peer-to-Peer Lending good ?
Replies: 16
Views: 2052

Re: Is investing in Peer-to-Peer Lending good ?

OP, didn't you post this exact post a few days ago? Anyway, I started Peer Street last year. I was attracted to the hard lending aspect of it (i.e. loans are backed by real estate) rather than the unsecured lending seen with Lending Club, Prosper, etc. I like the platform and customer service is pre...
by dcw213
Sat Jun 02, 2018 1:47 pm
Forum: Personal Investments
Topic: Helping son buy a house
Replies: 33
Views: 3458

Re: Helping son buy a house

I think it's a good idea, but are you OK with the interest rate risk? You clearly want to earn a rate of return - if you give him a 30yr fixed at 4% and rates rise materially will you be annoyed that a large chunk of your fixed income may be tied up for decades earning below risk free? Also, are you...
by dcw213
Sun Apr 29, 2018 3:00 pm
Forum: Personal Finance (Not Investing)
Topic: Moving - should I rent or buy?
Replies: 24
Views: 2060

Re: Moving - should I rent or buy?

Definitely rent. If you didn't like the job or city while renting you can just leave after 1 year. If you buy it's not so easy. If you sell you place for what you paid you lose a ton to transaction costs. I have found that many young people have this idea that landlording is easy money - that is far...
by dcw213
Mon Apr 09, 2018 8:19 am
Forum: Personal Investments
Topic: Asset Allocation w/ Special Needs Child
Replies: 18
Views: 1442

Re: Asset Allocation w/ Special Needs Child

Thank you all for the replies, particularly those sharing personal experiences in a similar situation. It is tremendously helpful to hear. Regarding the asset allocation question, I know in my heart that I should be more aggressive but know that it will make me more prone to concern and agonizing du...
by dcw213
Sun Apr 08, 2018 5:05 pm
Forum: Personal Investments
Topic: Asset Allocation w/ Special Needs Child
Replies: 18
Views: 1442

Asset Allocation w/ Special Needs Child

This is a difficult topic to post but I think it's time to solicit some advice from the community that has helped guide me on many topics over the past decade. A lot is still to be determined but it is looking as if our toddler will be diagnosed with autism. He is still too young for a diagnosis off...
by dcw213
Wed Apr 04, 2018 9:48 am
Forum: Personal Investments
Topic: Could I bonds have a better return than a 3% saving account?
Replies: 6
Views: 786

Re: Could I bonds have a better return than a 3% saving account?

Interest rates are almost always expressed annualized. If you buy a 3 month treasury bond yielding 2%, you will earn 0.5% during the 3 month duration. (2%/(12/3))
by dcw213
Fri Mar 23, 2018 9:11 am
Forum: Personal Investments
Topic: Any Recent investors here?
Replies: 43
Views: 3578

Re: Any Recent investors here?

I started my career in 2006. In 2007 I had some money and started to get very enthusiastic about investing. I would check my balances daily and get excited about minor increases, thinking I was on my way to building wealth. Needless to say, the events of 2008 were very emotionally trying for me as a...
by dcw213
Sun Mar 18, 2018 12:55 pm
Forum: Personal Investments
Topic: pay taxes now or pay in future when dollar is worth less due to inflation
Replies: 6
Views: 710

Re: pay taxes now or pay in future when dollar is worth less due to inflation

Seems like your assumptions are that the value of your 401k will remain static as you go out in years. Presumably your account will grow due to interest/dividends accumulated or increased value of equities held, so you would owe more tax in the future. Holding your account value steady by intentiona...