Search found 539 matches

by Gufomel
Thu Mar 12, 2020 7:28 pm
Forum: Investing - Theory, News & General
Topic: What causes bond fund values to change besides interest rate changes?
Replies: 4
Views: 244

What causes bond fund values to change besides interest rate changes?

I think I have a pretty decent grasp on how bond interest rates and prices work, but I feel like I’m missing something with how the price of a bond fund moves (e.g. Vanguard Total Bond Fund - VBTLX). There seems to be a lot of concern about bond fund values dropping. Is that due to expectation of ri...
by Gufomel
Thu Mar 12, 2020 5:41 pm
Forum: Investing - Theory, News & General
Topic: Total Bond Market Down >4%
Replies: 49
Views: 9066

Re: Total Bond Market Down >4%

Yes, this is pretty easy to see if you go to performance charts on Morningstar for a given bond mutual fund (say: VBTLX) and then compare to returns for the corresponding ETF (BND). Through yesterday's close, YTD performance was respectively 3.38% and 1.17%. After results are updated for today, it ...
by Gufomel
Thu Mar 12, 2020 4:47 pm
Forum: Personal Investments
Topic: Wash sale: selling portion of shares just purchased
Replies: 2
Views: 155

Wash sale: selling portion of shares just purchased

Does this create a wash sale? 1) Buy 100 shares of ABC fund 2) Within 30 days, sell 10 shares of ABC fund 3) Use the proceeds from those shares to buy XYZ fund (not substantially identical to ABC) No other shares of ABC fund were purchased 30 days before or after the sale. I’m hung up on whether the...
by Gufomel
Thu Mar 12, 2020 3:29 pm
Forum: Investing - Theory, News & General
Topic: Total Bond Market Down >4%
Replies: 49
Views: 9066

Re: Total Bond Market Down >4%

This is the problem with ETFs. Real bonds aren't down that much, the ETF market value is showing larger intra-day drops in the past few days than the NAV of the mutual funds at close. Especially happening for bond funds. Another reason I don't own ETFs. Helps tune out the noise, as a long term inve...
by Gufomel
Thu Feb 13, 2020 12:04 pm
Forum: Investing - Theory, News & General
Topic: Well, I am market timing due to coronavirus... Wish me luck.
Replies: 1229
Views: 111313

Re: Well, I am market timing... Wish me luck.

Not sure if it's been posted on this thread, but this game is: a) A fun time-waster; b) A sobering (and free!) realization that it's impossible to time the market https://www.personalfinanceclub.com/time-the-market-game/ "You LOST to the market by $0" Yay! The game must be using Fidelity’s 0 expens...
by Gufomel
Wed Feb 12, 2020 2:07 pm
Forum: Investing - Theory, News & General
Topic: Well, I am market timing due to coronavirus... Wish me luck.
Replies: 1229
Views: 111313

Re: Well, I am market timing... Wish me luck.

Dow Jones Surges 200 Points To Record High As Coronavirus Cases Slow https://www.investors.com/market-trend/stock-market-today/dow-jones-romps-200-points-to-record-high-as-coronvirus-fears-ease/?src=A00220&yptr=yahoo The market was already well aware of the coronavirus fears you expressed in your OP...
by Gufomel
Tue Feb 11, 2020 8:20 am
Forum: Investing - Theory, News & General
Topic: Well, I am market timing due to coronavirus... Wish me luck.
Replies: 1229
Views: 111313

Re: Well, I am market timing... Wish me luck.

The original poster is not market timing in the sense of having a rigorous, quantitative, rules based trading method. He's just discovering he's less risk tolerant than he thought. For my trades, I use Paul Novell's newsletter, a refinement of Gary Antonacci's GEM method. And it's not market timing...
by Gufomel
Mon Feb 10, 2020 4:25 pm
Forum: Investing - Theory, News & General
Topic: Well, I am market timing due to coronavirus... Wish me luck.
Replies: 1229
Views: 111313

Re: Well, I am market timing... Wish me luck.

I don’t know when exactly you made the trade, but at the time stamp of your OP the S&P 500 was at 3319.10 and today it has closed at 3352.09. Almost exactly 1% in 4 business days. If you think 1-2% is the maximum gain you can miss out on in a month or two, I’m afraid you’re sorely mistaken. Just bec...
by Gufomel
Sun Jan 26, 2020 8:14 pm
Forum: Personal Consumer Issues
Topic: Tipping advice
Replies: 40
Views: 3456

Re: Tipping advice

Tipping is such an incongruous system, everyone will give their own vastly different opinions. So I’ll just leave the advice of the wise Dwight Schrute. It’s as good as any. “Why tip someone for a job I'm capable of doing myself? I can deliver food, I can drive a taxi, I can and do cut my own hair. ...
by Gufomel
Fri Jul 12, 2019 1:25 pm
Forum: Personal Consumer Issues
Topic: Office 365 Home - Mobile Apps
Replies: 4
Views: 597

Re: Office 365 Home - Mobile Apps

An Office 365 subscription gets you 5 Microsoft accounts that can access Office 365. 5 separate emails/laptops/people. Kids? Parents? We use all 5. Share and the other user gets an email to install Office 365. Each account gets 1 TB of OneDrive space. Install the OneDrive app on your Android or iPh...
by Gufomel
Thu Jul 11, 2019 8:47 pm
Forum: Personal Consumer Issues
Topic: Office 365 Home - Mobile Apps
Replies: 4
Views: 597

Office 365 Home - Mobile Apps

Even without an Office 365 account, I am able to use the iPhone Excel app to access/edit my spreadsheets saved in OneDrive. I know that with an Office 365 subscription you get access to the Premium versions of the office apps (including PC) but are there actually any additional premium features for ...
by Gufomel
Wed Jun 26, 2019 4:44 pm
Forum: Investing - Theory, News & General
Topic: Bitcoin Talk
Replies: 59
Views: 8015

Re: Bitcoin Talk

There was a drop from $14k to $12k in a matter of seconds about an hour ago. Supposedly one person sold 8,000 bitcoin for about $100,000,000.

Stable hold of value 😁
by Gufomel
Wed Jun 26, 2019 1:34 pm
Forum: Investing - Theory, News & General
Topic: Dave Ramsey says to give up employer 401K match to pay down debt
Replies: 148
Views: 10038

Re: Dave Ramsey says to give up employer 401K match to pay down debt

DanMahowny wrote: Wed Jun 26, 2019 1:28 pm Just more dreadful advice by Dave Ramsey.

But if you consider his target audience, the advice is appropriate.
So he should give advice that is not appropriate for his target audience?
by Gufomel
Wed Jun 26, 2019 12:24 pm
Forum: Investing - Theory, News & General
Topic: Dave Ramsey says to give up employer 401K match to pay down debt
Replies: 148
Views: 10038

Re: Dave Ramsey says to give up employer 401K match to pay down debt

I highly doubt that anyone taking out payday loans at 25% interest for 2 weeks is even remotely considering 401k contributions, so it really doesn’t matter for this discussion. Pay down 50k credit card debt at 25% APR or contribute to 401k to get company match? That’s the more likely scenario. Mathe...
by Gufomel
Wed Jun 26, 2019 11:56 am
Forum: Investing - Theory, News & General
Topic: Dave Ramsey says to give up employer 401K match to pay down debt
Replies: 148
Views: 10038

Re: Dave Ramsey says to give up employer 401K match to pay down debt

I agree with his "debt is dumb" mantra. If you have debt, you should be aggressive about getting yourself from under that burden. Sell some stuff on craigslist or eBay. Cut your expenses. Get a roommate. Don't go any deeper into debt, etc. But giving up the opportunity to get an employer match? No ...
by Gufomel
Wed Jun 26, 2019 10:44 am
Forum: Investing - Theory, News & General
Topic: Dave Ramsey says to give up employer 401K match to pay down debt
Replies: 148
Views: 10038

Re: Dave Ramsey says to give up employer 401K match to pay down debt

To everyone saying a 401k match is “free money”, it’s not even remotely free when you’re forgoing paying off debt at 25%. That’s a pretty high cost. Assuming 50% company match, you have to find a way to pay off that 25% rate debt in two years or you end up behind. Most of the people facing this situ...
by Gufomel
Wed Jun 26, 2019 10:19 am
Forum: Investing - Theory, News & General
Topic: Dave Ramsey says to give up employer 401K match to pay down debt
Replies: 148
Views: 10038

Re: Dave Ramsey now says to give up employer 401K match to pay down debt

It depends on context - Bogleheads are a distinct minority in the population, and behavioral hacking is sometimes better for people than what the spreadsheets say. The psychological burden of being deeply indebted often has detrimental effects on behavior - worse performance on the job, alcohol abu...
by Gufomel
Tue Jun 11, 2019 7:55 am
Forum: Personal Finance (Not Investing)
Topic: Personal Capital Cash
Replies: 22
Views: 3817

Re: Personal Capital Cash

Maybe now their software will stop telling me that I have too much of my portfolio allocated to cash. All I have in cash is a 6 month emergency fund!
by Gufomel
Thu Jun 06, 2019 2:02 pm
Forum: Personal Finance (Not Investing)
Topic: Best budget spreadsheet?
Replies: 36
Views: 5008

Re: Best budget spreadsheet?

Here's a good one: https://docs.google.com/spreadsheets/d/1RJBOzs78YE9NkTg2Q43eMnhV3T2tlNDIgN3la-ONneo/template/preview?usp=drive_web Can you please repost? The link is not working. At least for me. You may/will need a Google account to access Google sheets. Here are some good free Excel ones: http...
by Gufomel
Tue Jun 04, 2019 3:07 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 20319
Views: 2777478

Re: U.S. stocks in free fall

This market's crazy "V"s is why I don't consider paper losses or gains real until they are realized. As long as you equally consider gains as not real I can get behind the logic. Nice pop there before the close today! Even further, most everything these days is just 0’s and 1’s that we have believe...
by Gufomel
Tue Jun 04, 2019 8:35 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 20319
Views: 2777478

Re: U.S. stocks in free fall

Shaping up to be a RBD...for the Bears. There’s that 180 degree flip on news even hinting that the Mexico tariffs may be blocked.
by Gufomel
Mon May 06, 2019 8:36 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 20319
Views: 2777478

Re: U.S. stocks in free fall

S&P opens all the way back to 4/22 levels and close to intra-day 5/2.

Hope your retirements are still intact folks!!!
by Gufomel
Fri Apr 26, 2019 8:58 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 9369
Views: 747339

Re: U.S. stocks continue to soar!

JTColton wrote: Fri Apr 26, 2019 8:49 am
Gufomel wrote: Fri Apr 26, 2019 8:25 am Shaping up to be another good day for stocks on positive economic data (3.2% annualized GDP growth in Q1 vs 2.3% expected).
3.2% :sharebeer
But stocks are down a little.

Exhibit 9275 of why I don’t attempt market timing.
by Gufomel
Fri Apr 26, 2019 8:26 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 9369
Views: 747339

Re: U.S. stocks continue to soar!

DaftInvestor wrote: Thu Apr 25, 2019 4:42 pm I've got one friend who sold in October and another that sold in December since a big crash of 25% - 50% was imminent -- and here we are at new highs again across many of the indexes! Buy and Hold baby!
Yikes, I hope at least very early December?
by Gufomel
Fri Apr 26, 2019 8:25 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 9369
Views: 747339

Re: U.S. stocks continue to soar!

Shaping up to be another good day for stocks on positive economic data (3.2% annualized GDP growth in Q1 vs 2.3% expected).
by Gufomel
Thu Apr 25, 2019 9:00 am
Forum: Personal Investments
Topic: What to do? Sitting on the bench since October
Replies: 66
Views: 7817

Re: What to do? Sitting on the bench since October

If you were fully invested today (like in October), would you be selling today? I know that’s a difficult question to answer honestly and unemotionally, but it’s the question you need to be able to answer. If the answer is “no, I would not be selling today” then you should invest 100% today at your ...
by Gufomel
Tue Apr 23, 2019 12:29 pm
Forum: Personal Finance (Not Investing)
Topic: Savings rate
Replies: 104
Views: 10237

Re: Savings rate

Personally, it is my % of gross income that I do not have earmarked for budgeted expenses (I include a monthly budgeted amount for estimated repairs/replacement for car/house in budgeted expenses). Everything not earmarked for budgeted expenses I consider to be savings, regardless of whether it’s go...
by Gufomel
Fri Apr 19, 2019 7:04 am
Forum: Personal Investments
Topic: Foreign tax credit while US expat
Replies: 9
Views: 706

Re: Foreign tax credit while US expat

Have to be careful to avoid double taxation then. i'm also a u.s. expat. doesn't your country of residence have a tax treaty with the u.s.? if so, you shouldn't be doubly taxed, it's just that in the case of u.s. source income, your country of residence will give you a credit for u.s. taxes paid in...
by Gufomel
Tue Apr 16, 2019 2:53 pm
Forum: Personal Finance (Not Investing)
Topic: Anyone Having Trouble with PNC?
Replies: 21
Views: 3984

Re: Anyone Having Trouble with PNC?

Do you use an account aggregator site (Personal Capital, Mint, etc)? I got locked out of an account a couple times before and determined that it was most likely because of Personal Capital trying to connect to my account. When I removed that account from Personal Capital, I stopped getting locked out.
by Gufomel
Mon Apr 15, 2019 3:56 pm
Forum: Personal Investments
Topic: Foreign tax credit while US expat
Replies: 9
Views: 706

Re: Foreign tax credit while US expat

You typically end up paying the higher of the two tax rates when your income is subject to tax in two countries. A foreign tax credit is intended to prevent double taxation, not help you pay only the tax rate that you would have in your home country. If you owed 30% on your dividend in your country...
by Gufomel
Mon Apr 15, 2019 7:28 am
Forum: Personal Investments
Topic: Foreign tax credit while US expat
Replies: 9
Views: 706

Re: Foreign tax credit while US expat

You typically end up paying the higher of the two tax rates when your income is subject to tax in two countries. A foreign tax credit is intended to prevent double taxation, not help you pay only the tax rate that you would have in your home country. If you owed 30% on your dividend in your country ...
by Gufomel
Sun Apr 14, 2019 7:30 pm
Forum: Personal Investments
Topic: Foreign tax credit while US expat
Replies: 9
Views: 706

Re: Foreign tax credit while US expat

Does your country of residence not allow a foreign tax credit for the US tax on your US source income?
by Gufomel
Sun Apr 07, 2019 7:43 am
Forum: Investing - Theory, News & General
Topic: When to add bonds?
Replies: 38
Views: 3975

Re: When to add bonds?

I am currently 100% stocks (mostly VTSAX). I also have a good amount in a high yield savings account. So you’re not 100% stocks. I have no idea what the size of your total investments is, but as an example if you have 50k stocks and 50k cash, then you’re really 50/50. That’s fine if that’s what you...
by Gufomel
Sat Apr 06, 2019 6:45 am
Forum: Investing - Theory, News & General
Topic: Valuation Informed Indexing
Replies: 37
Views: 2530

Re: Valuation Informed Indexing

Is the financial world’s assessment of the validity of “valuation informed indexing” not already priced into the market?

What secret empirical data do you or anyone else have that demonstrates that this strategy would beat the market over the long-term?
by Gufomel
Fri Apr 05, 2019 6:02 am
Forum: Personal Consumer Issues
Topic: What is this weed in my lawn?
Replies: 34
Views: 3767

Re: What is this weed?

indexfundfan wrote: Thu Apr 04, 2019 10:46 pm
toofache32 wrote: Thu Apr 04, 2019 10:38 pm
whodidntante wrote: Thu Apr 04, 2019 10:19 pm

Glad to know I was not the only one let down after reading the title of the thread.
I re-titled the thread. :-)
I wasn’t going to post, but now I’m intrigued. What was the original title?
by Gufomel
Wed Apr 03, 2019 12:17 pm
Forum: Personal Investments
Topic: Best new brokerage account bonuses- Offer Vanguard??
Replies: 29
Views: 3223

Re: Best new brokerage account bonuses- Offer Vanguard??

Welcome to the forum :) . Hello all, I noticed plenty of excellent new brokerage account bonuses such as $300-$600 just for signing on. I’d like to put $150,000 in the Vanguard VUSXX fund however Vanguard offers no registration bonus. Why should I stick my money in Vanguard while many other places ...
by Gufomel
Tue Apr 02, 2019 2:34 pm
Forum: Investing - Theory, News & General
Topic: Forecasting future returns / net worth
Replies: 10
Views: 1475

Re: Forecasting future returns / net worth

To use an extreme example, it’s not very useful to project that my $100,000 today is going to be worth a nominal $100 million in 100 years, because a lot of that growth is due to inflation and hard to easily understand its true purchasing power in today’s terms. It’s easier to think about future exp...
by Gufomel
Tue Apr 02, 2019 1:25 pm
Forum: Personal Finance (Not Investing)
Topic: What is Financial Independence (FI) in the simplest terms?
Replies: 80
Views: 5778

Re: What is Financial Independence (FI) in the simplest terms?

True FI to me would mean 3% SWR from my stock/bond portfolio with no additional supplemental income (earned or passive, including Social Security). In reality, FI to me means not being reliant on my primary profession for my financial future. Essentially, 3-4% SWR from my stock/bond portfolio and ot...
by Gufomel
Tue Apr 02, 2019 11:06 am
Forum: Personal Consumer Issues
Topic: Amazon Fire Tablets are on sale ......
Replies: 14
Views: 1555

Re: Amazon Fire Tablets are on sale ......

My favorite thing about my fire was that if I lost or broke it, I was not out as much as when I lost or broke my ipad. It is good as a toy but not a tool. +1 We got the 7” over a year ago when it was on sale for $35. It was our first (and still only) “tablet”. Basically its only two practical uses ...
by Gufomel
Mon Apr 01, 2019 3:43 pm
Forum: Personal Finance (Not Investing)
Topic: Real Estate question: lower the asking price or spend to repair
Replies: 26
Views: 1504

Re: Real Estate question: lower the asking price or spend to repair

Thanks for your time. House has been on market since 12/1/18. Realtor's suggestion was after inputs from broker's open house. Thanks. I’d make the fixes in that case. With 4 months in the market, the issues are clearly a hurdle that is turning off buyers. 16 months unless the OP made a typo. May ne...
by Gufomel
Mon Apr 01, 2019 3:26 pm
Forum: Personal Finance (Not Investing)
Topic: New Here - Invest or Pay Off Debt or Keep Money in EF
Replies: 14
Views: 791

Re: New Here - Invest or Pay Off Debt or Keep Money in EF

I was doing a rough calc to see what your monthly expenses were, but then I looked back at your OP and you said $8k was about 3 months of expenses. As a single person with a stable job, I would not hesitate to bring your EF down to 6 months of expenses (maybe even permanently), so $16k. That gives y...
by Gufomel
Mon Apr 01, 2019 3:17 pm
Forum: Personal Finance (Not Investing)
Topic: New Here - Invest or Pay Off Debt or Keep Money in EF
Replies: 14
Views: 791

Re: New Here - Invest or Pay Off Debt or Keep Money in EF

How much monthly disposable income (if any) do you have after expenses and max 401k contribution? Also, are you contributing to a Roth IRA? I'm not contributing to a Roth IRA at the moment, and was thinking that was something I should get started on. On average, I save about on average about $500-7...
by Gufomel
Mon Apr 01, 2019 3:00 pm
Forum: Personal Finance (Not Investing)
Topic: New Here - Invest or Pay Off Debt or Keep Money in EF
Replies: 14
Views: 791

Re: New Here - Invest or Pay Off Debt or Keep Money in EF

How much monthly disposable income (if any) do you have after expenses and max 401k contribution? Also, are you contributing to a Roth IRA? I'm not contributing to a Roth IRA at the moment, and was thinking that was something I should get started on. On average, I save about on average about $500-7...
by Gufomel
Mon Apr 01, 2019 2:49 pm
Forum: Personal Finance (Not Investing)
Topic: New Here - Invest or Pay Off Debt or Keep Money in EF
Replies: 14
Views: 791

Re: New Here - Invest or Pay Off Debt or Keep Money in EF

How much monthly disposable income (if any) do you have after expenses and max 401k contribution? Also, are you contributing to a Roth IRA?
by Gufomel
Thu Mar 28, 2019 3:25 pm
Forum: Personal Investments
Topic: When Will the Momentum Kick In?
Replies: 18
Views: 1689

Re: When Will the Momentum Kick In?

JuniorRob wrote: Thu Mar 28, 2019 3:16 pm
markesquire wrote: Thu Mar 28, 2019 10:17 am I have been saving more than that and investing it for 15 years (VTSAX 80%, VTBLX 10%),
I think you aren't seeing the growth, because you're losing 10% with each contribution.
I laughed. :D
by Gufomel
Thu Mar 28, 2019 2:43 pm
Forum: Personal Finance (Not Investing)
Topic: Is our household budget crazy?
Replies: 141
Views: 14023

Re: Is our household budget crazy?

I don't know how you don't know what you spent $560/mo on for "shopping". If we spent that much on average over a 3-month period, I better have a new iPhone or something to show for it. :D My wife is very frugal about kids clothing, and of course grandparents love to buy kids clothes. Sigh. This is...
by Gufomel
Thu Mar 28, 2019 2:27 pm
Forum: Personal Finance (Not Investing)
Topic: Is our household budget crazy?
Replies: 141
Views: 14023

Re: Is our household budget crazy?

The glaring exception is your grocery budget, which is absolutely nuts. Are you eating a paleo diet bought entirely at Whole Foods? :P If so, the good news is that you are paying far too much for a shiny shopping experience and can eat similarly for much less. ETA: Seeing that you are shopping at C...
by Gufomel
Thu Mar 28, 2019 2:24 pm
Forum: Personal Finance (Not Investing)
Topic: Is our household budget crazy?
Replies: 141
Views: 14023

Re: Is our household budget crazy?

Childcare and travel make up almost half the total expenses you posted. But those amounts don’t seem out of whack for your income. While your expenses are certainly higher than ours, you also make more than 5x as much as us! As you mentioned, and as most posters have focused on, food is your biggest...
by Gufomel
Thu Mar 28, 2019 1:30 pm
Forum: Personal Finance (Not Investing)
Topic: Paying "early" on mortgage may be unwise
Replies: 298
Views: 29233

Re: Paying "early" on mortgage may be unwise

I’ve learned something new today - that people are still manually paying their monthly mortgage payments :shock:
by Gufomel
Mon Mar 25, 2019 1:32 pm
Forum: Investing - Theory, News & General
Topic: why are there so many ETF prices? By Vanguard
Replies: 33
Views: 2525

Re: why are there so many ETF prices? By Vanguard

learned something new today...the "marketable limit order" Some people (including me) think that market orders should be abolished in favor of this method. A market order means “fill me at the best price available when my order arrives, regardless of how outrageous that price is or how inconsistent...