Search found 311 matches

by TheHouse7
Sun Oct 22, 2017 9:50 pm
Forum: Investing - Theory, News & General
Topic: Why do I need bonds? (I'm 30)
Replies: 70
Views: 8776

Re: Why do I need bonds? (I'm 30)

I was on the order of 90+% stocks through my 20's/30's, as I moved into late 30's/early 40's, I shifted to 70% stock/30% bonds. Some things that changed my thinking: 1) Efficient frontier curve, how much return for how much risk. Having bonds lets you get good returns without taking as much risk 2)...
by TheHouse7
Sat Oct 21, 2017 9:20 pm
Forum: Investing - Theory, News & General
Topic: Why do I need bonds? (I'm 30)
Replies: 70
Views: 8776

Re: Why do I need bonds? (I'm 30)

I agree with the others, you don't need them. I've heard of others using a bucket method where they have an emergency fund, they have buckets of cash or cash-like instruments they think they'll need over a period of time (1 year, 3 years, 5 years depending on how nervous/conservative you are) and t...
by TheHouse7
Sat Oct 21, 2017 8:55 pm
Forum: Investing - Theory, News & General
Topic: Why do I need bonds? (I'm 30)
Replies: 70
Views: 8776

Re: Why do I need bonds? (I'm 30)

never had any bonds until I hit early 60's....slept well at night thru the '87 crash and every one since. Of course, what I missed out on was the opportunity to rebalance and tax loss harvest during the downturns. Net worth in relation to house value has nothing to do with being house poor. Agreed....
by TheHouse7
Sat Oct 21, 2017 6:29 pm
Forum: Investing - Theory, News & General
Topic: 401k "only" up 13.5% YTD
Replies: 26
Views: 3174

Re: 401k "only" up 13.5% YTD

Tamalak wrote:
Fri Oct 20, 2017 11:26 am
BOGLE WAS WRONG ABOUT INTERNATIONAL for the last few months I guess
+1 :D
by TheHouse7
Sat Oct 21, 2017 5:47 pm
Forum: Investing - Theory, News & General
Topic: Why do I need bonds? (I'm 30)
Replies: 70
Views: 8776

Re: Why do I need bonds? (I'm 30)

I have not Invested through a bear market, right now I am 80/20 AA from recommendations from this site. Looking for more wisdom as to why I need bonds with 20+years to invest. :beer TheHouse7, How do you know that you have 20+ years to invest? Who guaranteed that for you? It could be 5, 10, 15, 20,...
by TheHouse7
Sat Oct 21, 2017 3:24 pm
Forum: Investing - Theory, News & General
Topic: Why do I need bonds? (I'm 30)
Replies: 70
Views: 8776

Re: Why do I need bonds? (I'm 30)

The answer to these questions, for me, is pretty much always the same: you need to learn how to truly assess risk. To whom or what are you responsible? Not all jobs are equally safe in downturns--or even in general. Not all people have 100% health Not all people have relatives and loved ones who ar...
by TheHouse7
Sat Oct 21, 2017 7:00 am
Forum: Investing - Theory, News & General
Topic: Why is inflation so low? Moore's law?
Replies: 33
Views: 5243

Re: Why is inflation so low? Moore's law?

protagonist wrote:
Thu Oct 19, 2017 9:52 pm
Complex phenomena can rarely be attributed to a simple explanation. Correlations are ubiquitous and easy to find with a retrospectoscope.

Which is great for those whose livelihood depends on publishing.
+1 Thank God I don't have to understand half of this conversation to invest effectively.
by TheHouse7
Sat Oct 21, 2017 6:20 am
Forum: Personal Finance (Not Investing)
Topic: 401k limit changes being considered- how likely is it and how much of an impact?
Replies: 28
Views: 3900

Re: Lowering 401k limits

Sounds like noise from market watch. I hope your not counting on uncle sam to help you out with investing for retirement. Look at social insecurity. :oops:
by TheHouse7
Sat Oct 21, 2017 6:16 am
Forum: Investing - Theory, News & General
Topic: "Trading Sinks, Stoking Fears"
Replies: 4
Views: 754

Re: "Trading Sinks, Stoking Fears"

I'm a passive investor that is always looking for a bargin. :twisted:
The drama of the investment industry has only begun in terms of bad mouthing indexing, and I love it. :beer
by TheHouse7
Sat Oct 21, 2017 5:51 am
Forum: Investing - Theory, News & General
Topic: Has the general public ever been correct about market crashes?
Replies: 47
Views: 4724

Re: Has the general public ever been correct about market crashes?

This may be one time a high market doesn't result in a major correction , and could run thru to a secondary business cycle. But who is clairvoyant ? The general public at least has an opinion. But here's what G.C. Selden said in 1912. The greatest fault of ninety-nine out of one hundred investors i...
by TheHouse7
Sat Oct 21, 2017 5:44 am
Forum: Investing - Theory, News & General
Topic: Why do I need bonds? (I'm 30)
Replies: 70
Views: 8776

Re: Why do I need bonds? (I'm 30)

You don't. I assume you are investing in your retirement each paycheck. The buying power of your future income is greater than bonds. I am investing in my retirement through 401k every pay check. Thank you for mentioning potential earnings as a reason to not need bonds. I use the same reasoning to ...
by TheHouse7
Sat Oct 21, 2017 5:37 am
Forum: Investing - Theory, News & General
Topic: Why do I need bonds? (I'm 30)
Replies: 70
Views: 8776

Re: Why do I need bonds? (I'm 30)

I don't think you do if you can handle market crashes, if you understand that the absolute best thing for a young, aggressive saver is for the market to drop so you can invest more at lower prices. We didn't own any bonds until we reached 45, two years ago. At that point, I decided we were close en...
by TheHouse7
Sat Oct 21, 2017 5:28 am
Forum: Investing - Theory, News & General
Topic: Why do I need bonds? (I'm 30)
Replies: 70
Views: 8776

Re: Why do I need bonds? (I'm 30)

At your age, you really don't need bonds. However, as you get older, you need some sort of fixed income when that correction/crash does happen. Think about holding a million dollar portfolio and seeing that go down to $500K a year before retirement. The stock market always comes back, but how many ...
by TheHouse7
Sat Oct 21, 2017 5:22 am
Forum: Investing - Theory, News & General
Topic: Why do I need bonds? (I'm 30)
Replies: 70
Views: 8776

Re: Why do I need bonds? (I'm 30)

I have not Invested through a bear market, right now I am 80/20 AA from recommendations from this site. Looking for more wisdom as to why I need bonds with 20+years to invest. :beer TheHouse7, How do you know that you have 20+ years to invest? Who guaranteed that for you? It could be 5, 10, 15, 20,...
by TheHouse7
Fri Oct 20, 2017 10:05 pm
Forum: Investing - Theory, News & General
Topic: Why do I need bonds? (I'm 30)
Replies: 70
Views: 8776

Why do I need bonds? (I'm 30)

I found this awesome comment: Re: Dave Ramsey on Bonds Quote Post by CyberBob » Sat Mar 29, 2014 10:08 am I think Dave's reasoning on limiting bonds in your portfolio is quite suspect. However, in a roundabout way, he essentially arrives at a similar conclusion as Warren Buffett. That is, that volat...
by TheHouse7
Fri Oct 20, 2017 7:21 pm
Forum: Personal Finance (Not Investing)
Topic: just hit the two comma club today...some thoughts
Replies: 37
Views: 6448

Re: just hit the two comma club today...some thoughts

Congrats! :sharebeer Onwards and upwards. Most millionaires did not get there by luck, windfalls or inheritances. They arrived by taking little steps that compounded into giant great leaps over time with occasional bumps in the road. Good work! +1 Hope to hit the same mile stone in 10 years! (30yro...
by TheHouse7
Fri Oct 20, 2017 6:43 pm
Forum: Personal Finance (Not Investing)
Topic: Does anyone here with net worths north of $1 mil use financial advisors?
Replies: 249
Views: 36653

Re: Does anyone here with net worths north of $1 mil use financial advisors?

radiowave wrote:
Fri Oct 20, 2017 5:25 pm
RadAudit wrote:
Fri Oct 20, 2017 5:21 pm
My FA is Bogleheads.org, the books, the wiki ... Their charge for AUM seems reasonable.

Many thanks to all.
+1 :)
+1
by TheHouse7
Fri Oct 20, 2017 7:19 am
Forum: Investing - Theory, News & General
Topic: Sitting on cash....Waiting for a crash
Replies: 175
Views: 32470

Re: Sitting on cash....Waiting for a crash

:annoyed Granted if a person believed it was ever a good plan to sit on cash and wait for a crash, now would not be the right time to do it. The best indicator to me that the market is not overvalued is the behavior of "quiet" people. There are plenty of big wheels rolling around making noise, but b...
by TheHouse7
Thu Oct 19, 2017 1:05 pm
Forum: Investing - Theory, News & General
Topic: Is a crash coming soon?
Replies: 64
Views: 7287

Re: Is a crash coming soon?

No a crash is not coming any time soon (3+ years).

I'm a young investor praying every day for a market crash, and for me to keep my job. :twisted:
by TheHouse7
Tue Oct 17, 2017 10:44 pm
Forum: Personal Consumer Issues
Topic: Toilet Woes
Replies: 46
Views: 6354

Re: Toilet Woes

whodidntante wrote:
Sat Sep 23, 2017 2:43 pm
For slow fill, you could have:
low water pressure
obstruction in the fill valve
leaking flapper or toilet tank
haunted toilet
Seriously just clicked on the topic for some laughs.

:D
by TheHouse7
Tue Oct 17, 2017 12:13 pm
Forum: Personal Finance (Not Investing)
Topic: Best way to make some dollars on a 10 day vacation?
Replies: 57
Views: 6371

Re: Best way to make some dollars on a 10 day vacation?

knowledge wrote:
Tue Oct 17, 2017 10:44 am
From a pure utility POV, you'd likely be much better off taking those 10 days to invest in yourself - your health, happiness, knowledge, skills, etc.
+1
by TheHouse7
Tue Oct 17, 2017 12:11 pm
Forum: Personal Finance (Not Investing)
Topic: Car fund in index fun or savings?
Replies: 19
Views: 2263

Re: Car fund in index fun or savings?

TSM for 5+ years
by TheHouse7
Tue Oct 17, 2017 11:39 am
Forum: Investing - Theory, News & General
Topic: Vanguard expects "decent sized correction" soon, sometime, maybe later
Replies: 68
Views: 8650

Re: Vanguard expects "decent sized correction" soon

I'm so ready for stuff to hit the fan.

I'm just wondering how long it will take to turn off the fan and if I get to keep my job. :|
by TheHouse7
Mon Oct 16, 2017 9:04 pm
Forum: Investing - Help with Personal Investments
Topic: Joined the 1 comma club today!!!
Replies: 18
Views: 4134

Re: Joined the 1 comma club today!!!

:sharebeer TheTimeLord
:beer to your health VictoriaF
by TheHouse7
Mon Oct 16, 2017 6:39 pm
Forum: Investing - Theory, News & General
Topic: Roth as good as you think?
Replies: 29
Views: 4204

Re: Roth as good as you think?

I doubt many 25 or 30 year olds can predict what their future tax bracket will be when they retire at ,say, 65. True, but some people have a hint: 1. If your are in the 39% tax bracket, go with tax deferred. 2. If you are making 8 bucks an hour (like my youngest), do a Roth. (Oh, and take the saver...
by TheHouse7
Mon Oct 16, 2017 4:20 am
Forum: Investing - Help with Personal Investments
Topic: a question about selecting investments for 401k
Replies: 8
Views: 758

Re: a question about selecting investments for 401k

From what very little I understand, traditional 401k tax deductible contributions are best under *most* situations. https://thefinancebuff.com/case-against-roth-401k.html You have an awesome selection of funds. Price/valuations of shares hardly matters for a long term buy and hold strategy.( it has ...
by TheHouse7
Sun Oct 15, 2017 10:15 am
Forum: Personal Consumer Issues
Topic: What do you buy in Asian food stores?
Replies: 98
Views: 8916

Re: What do you buy in Asian food stores?

Tamarind paste is the best for copying Pad Thai

It is a gummy substance that is cut in to cook down with your sauce.

16oz for $3.99(DW uses 3/4 Tbls)
by TheHouse7
Sat Oct 14, 2017 8:42 pm
Forum: Personal Finance (Not Investing)
Topic: You career roots and your path to financial independence. "Actionable: steps and tips for others?
Replies: 56
Views: 7131

Re: Blue collar (or other) roots and your path to financial independence. Steps and tips for others?

Learn to love, what you have to do. You will always have work if you keep doing what others are not willing to do. Make plans to show how the person managing you is doing great(needs to be promoted), and don't hold back training the person under you to replace you (make it easy for management to pro...
by TheHouse7
Fri Oct 13, 2017 10:48 pm
Forum: Investing - Theory, News & General
Topic: What's your asset allocation and why?
Replies: 178
Views: 23021

Re: What's your asset allocation and why?

80/20, 60% TSM 20% TISM 20% TBM

Age 30, because of this site... general not invested through a bear market, most recommend between 0-50% stocks be international(so why not 25%).

I don't know nothing.
by TheHouse7
Fri Oct 13, 2017 7:43 am
Forum: Personal Consumer Issues
Topic: A good value wine I found...
Replies: 22
Views: 3156

Re: A good value wine I found...

All seriousness a side: BV Vinyard is my bar set for cab. I found it at costco for 4.78 a bottle (have to buy the case). Usually $8-10 at the stores.
:beer
by TheHouse7
Thu Oct 12, 2017 8:11 pm
Forum: Investing - Help with Personal Investments
Topic: $5.5K to invest - best strategy
Replies: 22
Views: 2266

Re: $5.5K to invest - best strategy

minimalistmarc wrote:
Thu Oct 12, 2017 1:27 am
Best to buy bitcoin. It is 95% likely that all bitcoin holders will be rich in a few years.
:twisted:
by TheHouse7
Thu Oct 12, 2017 9:58 am
Forum: Personal Consumer Issues
Topic: Is there boglehead consensus on buying a car?
Replies: 73
Views: 7926

Re: Is there boglehead consensus on buying a car?

I think if you are in the accumulation phase, buy used.

If you have enough money get whatever you want. :wink:
by TheHouse7
Wed Oct 11, 2017 7:53 pm
Forum: Personal Finance (Not Investing)
Topic: [Boglehead vs Mr Money Mustache philosophies]
Replies: 203
Views: 19651

Re: [Boglehead vs Mr Money Mustache philosophies]

Is there a forum that represents the polar opposite of MMM/Bogleheads? I would be greatly interested in reading a spend-all-you-can/seize the day/go into debt forum. If not, perhaps it's a good business idea. :twisted: Perhaps building a big enough income to leverage up everything to the max could ...
by TheHouse7
Tue Oct 10, 2017 9:16 pm
Forum: Personal Consumer Issues
Topic: Best weight loss resources?
Replies: 54
Views: 3914

Re: Best weight loss resources?

If you need to lose weight, go to MyFitnessPal and set up a free account and then track every bite you eat by weight. Don't take any credit for exercise that you do to allow yourself to eat more calories. You can lose weight and improve your health simply by reducing sugar and highly processed food...
by TheHouse7
Sun Oct 08, 2017 11:04 am
Forum: Investing - Theory, News & General
Topic: Length of bull market become more risky?
Replies: 15
Views: 1964

Re: Length of bull market become more risky?

I thought we were just now arriving at the beginning of the bull that was predicted to begin 17-20 years after the 2000 bear, and that all those other little blips along the way (like 2008) were just... blips? In the case of the Nasdaq 100, yes. It just broke out in July 2016 after nearly 17 years ...
by TheHouse7
Sat Oct 07, 2017 6:49 pm
Forum: Investing - Theory, News & General
Topic: Length of bull market become more risky?
Replies: 15
Views: 1964

Re: Length of bull market become more risky?

Thank you for your time, I realize this topic is not actionable. :annoyed
by TheHouse7
Sat Oct 07, 2017 1:58 pm
Forum: Investing - Help with Personal Investments
Topic: The Best Dave R. Thread (just kidding)
Replies: 9
Views: 1260

Re: The Best Dave R. Thread (just kidding)

http://quotes.morningstar.com/chart/fund/chart?t=WAPSX®ion=usa&culture=en_US Western assets has definitely beaten the benchmarks. However during the economic downturn it lost 20% compared to intermediate bond index which lost zero. So it appears it takes on a greater risk profile and is probably...
by TheHouse7
Sat Oct 07, 2017 1:47 pm
Forum: Investing - Help with Personal Investments
Topic: The Best Dave R. Thread (just kidding)
Replies: 9
Views: 1260

Re: The Best Dave R. Thread (just kidding)

I would probably go with the Fidelity US Bond Index, primarily because of its lower expenses. The scoop on Dave Ramsey is that is personal finance advice is good, particularly in getting out of debt. His investing advice is not so good though it is hard to go too far wrong with American Funds. I do...
by TheHouse7
Sat Oct 07, 2017 1:45 pm
Forum: Investing - Theory, News & General
Topic: Length of bull market become more risky?
Replies: 15
Views: 1964

Re: Length of bull market become more risky?

I don't think so. Things can tread water for quite a while and after a number of years it will be the same as if there was no bull market. You know, market returns are 1% a year for 8 years. That would still be a bull market. What about markets that gain more than 10%+ a year? We are taught to ackn...
by TheHouse7
Sat Oct 07, 2017 1:14 pm
Forum: Investing - Theory, News & General
Topic: Length of bull market become more risky?
Replies: 15
Views: 1964

Length of bull market become more risky?

Do my investment in a prolonged bull market become more risky at higher valuations?

Should I perceive the same amount of risk whether it is 2 years in to a bull market or 8?

Thanks for answering such a silly question. :|
by TheHouse7
Sat Oct 07, 2017 1:03 pm
Forum: Investing - Help with Personal Investments
Topic: The Best Dave R. Thread (just kidding)
Replies: 9
Views: 1260

The Best Dave R. Thread (just kidding)

I have very few bond choices in my 401k: MIP II CL 3 (Managed Income Portfolio II Class 3) Bond Investments Stable Value 0.32% FID US BOND IDX IPR (FXNAX) Bond Investments Income 0.025% WA CORE PLS BOND IS (WAPSX) Bond Investments Income 0.42% FIMM GOVT INST (FRGXX) Short Term Investments N/A 0.18% ...
by TheHouse7
Fri Oct 06, 2017 6:31 pm
Forum: Investing - Theory, News & General
Topic: Time Value of Money (Young Investors)
Replies: 29
Views: 2855

Re: Time Value of Money (Young Investors)

I think most compounding advise falls on deaf ears. The young want a life (cars/house/wife/kids) the experienced want a do over on retirement savings. :D
by TheHouse7
Fri Oct 06, 2017 8:49 am
Forum: Investing - Help with Personal Investments
Topic: Where do you think the money will come from to move the overall market higher?
Replies: 31
Views: 3006

Re: Where do you think the money will come from to move the overall market higher?

Recent polls suggest the general public and professional money managers are both getting skittish about valuations. If these polls are correct, and if people slow their equity investments, where do you see the demand coming from? 3 numbers and a letter. 401k so many people are just dumping $$ in ev...
by TheHouse7
Thu Oct 05, 2017 9:58 pm
Forum: Personal Consumer Issues
Topic: Too much house? (nervous 1st time buyer)
Replies: 57
Views: 6231

Re: Too much house? (nervous 1st time buyer)

Seriously RENT. You can afford to buy. Find the right person first. Buy a house TOGETHER. You don't find the right house and then put the right significant other in it :oops:
by TheHouse7
Thu Oct 05, 2017 4:34 pm
Forum: Investing - Help with Personal Investments
Topic: Millionaire Next Door (Thank you Bogleheads)
Replies: 81
Views: 13648

Re: Millionaire Next Door (Thank you Bogleheads)

:beer My mother had supported me in the same way, she is 3 years past.
by TheHouse7
Thu Oct 05, 2017 4:22 pm
Forum: Personal Consumer Issues
Topic: How do you value your time?
Replies: 97
Views: 5417

Re: How do you value your time?

I get hung up on the ammount I could have worked. DW comes up with appointments during time I would make overtime. Then I start thinking how much it is costing me. Other times I can spend 9 hours round trip to save $300 on something she wants to buy. I enjoy spending time with her.
by TheHouse7
Wed Oct 04, 2017 10:29 pm
Forum: Personal Finance (Not Investing)
Topic: Rules of Thumb: Max House Value as % of Net Worth?
Replies: 112
Views: 25139

Re: Rules of Thumb: Max House Value as % of Net Worth?

edge wrote:
Sun Jul 24, 2016 11:22 am
There is none. This is not a good question. Home affordability is normally about income and human capital vs. expense.
+1 This is silly. :?
by TheHouse7
Wed Oct 04, 2017 7:47 pm
Forum: Investing - Help with Personal Investments
Topic: Are credit cards rewards worth it?
Replies: 103
Views: 11559

Re: Are credit cards rewards worth it?

I found giving up ~$200 in rewards per year was easy. I hate thinking about payments. What's one or two more payments? You have to pay all of the other bills one way or another. It's not only more mental accounting, but messes up my monthly budget in YNAB :annoyed Simplify, Simplify, Simplify. That...
by TheHouse7
Wed Oct 04, 2017 7:32 pm
Forum: Personal Consumer Issues
Topic: On the video games path - how to set it up with younger kids
Replies: 36
Views: 2633

Re: On the video games path - how to set it up with younger kids

I think you’d be better off keeping your house video game free. These games are designed to be addictive and turn out highly addictive to some. In return I don’t see any redeeming social value. I think occasional play dates with friends is enough exposure. +1 as an avid gamer(30) I will be much mor...