Search found 7969 matches

by JBTX
Mon May 17, 2021 7:58 pm
Forum: Personal Investments
Topic: HM Bradley - is it safe - FDIC response
Replies: 32
Views: 2304

Re: HM Bradley - is it safe - FDIC response

I have an account with them. The routing number I use to direct deposit and ACH funds in and out is directly through Hatch Bank, which is registered on FDIC. Also the 1099-INT I received was directly from Hatch Bank as well. Hatch Bank website directly mentions HMBradley and the Fintech platform of...
by JBTX
Sun May 16, 2021 11:33 pm
Forum: Personal Investments
Topic: Losing Motivation to Invest - Anyone Relate?
Replies: 80
Views: 8200

Re: Losing Motivation to Invest - Anyone Relate?

I am 28 y/o and married with one dependent. My wife and I have ~$120k saved in retirement accounts currently from these past 5 years of our respective careers. I have always tried to max out my Roth IRA and take advantage of my company match for 401(k). However, the past six months or so I have slo...
by JBTX
Sun May 16, 2021 11:11 pm
Forum: Investing - Theory, News & General
Topic: Year 2000 retirees using the '4% rule' - Where are they now?
Replies: 883
Views: 133694

Re: Year 2000 retirees using the '4% rule' - Where are they now?

"Assuming they started with $1 million, a 100% U.S. equities portfolio would have ended April, 2021, with a nominal (inflation-adjusted) balance of $725,974 ($464,543). The 80/20 would have $1,080,698 ($691,527)" As a person who has 100% in stocks, this is an eye-opener. I will have to re...
by JBTX
Sun May 16, 2021 10:51 pm
Forum: Investing - Theory, News & General
Topic: Year 2000 retirees using the '4% rule' - Where are they now?
Replies: 883
Views: 133694

Re: Year 2000 retirees using the '4% rule' - Where are they now?

"Assuming they started with $1 million, a 100% U.S. equities portfolio would have ended April, 2021, with a nominal (inflation-adjusted) balance of $725,974 ($464,543). The 80/20 would have $1,080,698 ($691,527)" As a person who has 100% in stocks, this is an eye-opener. I will have to re...
by JBTX
Sun May 16, 2021 10:46 pm
Forum: Investing - Theory, News & General
Topic: "Agnostic" investing
Replies: 17
Views: 1696

Re: "Agnostic" investing

@JBTX, according to Vanguard methodology, Amazon is Consumer Discretionary, and Berkshire Hathaway is Financials. That kind of proves my point. I guess you have to jam them in a category. But in reality they are far more complicated than that. Berkshire Hathaway also has railroads, and a sizeable c...
by JBTX
Sun May 16, 2021 10:21 pm
Forum: Investing - Theory, News & General
Topic: Is Suze Orman smart to listen to? Has she been right
Replies: 40
Views: 4063

Re: Is Suze Orman smart to listen to? Has she been right

Suze Orman thinks a market crash could be imminent — here's what to do https://finance.yahoo.com/news/suze-orman-thinks-market-crash-120000578.html Suzie Orman thinks it's impossible to retire on less than $5M , so no. I ignore her advice. Whenever I hear something like this, I find it ridiculous. ...
by JBTX
Sun May 16, 2021 6:20 pm
Forum: Investing - Theory, News & General
Topic: "Agnostic" investing
Replies: 17
Views: 1696

Re: "Agnostic" investing

I have no idea what you are trying to a accomplish or why, but doubt that it would lead to any value added outcome. The thing about sectors, is what Sector is Amazon in, for example, or other FAANG stocks? Or Berkshire Hathaway? These large companies are essentially compilations of activities that c...
by JBTX
Sun May 16, 2021 3:09 pm
Forum: Investing - Theory, News & General
Topic: Cryptocurrency in Free Fall
Replies: 569
Views: 45100

Re: Cryptocurrency in Free Fall

My $1000 investment between Bitcoin and Etherium a few weeks ago is now less than $1000. :oops: :annoyed :annoyed Elon giveth, Elon taketh away, lol. At least if ETH continues to crash it will provide a nice TLH opportunity. I thought I bought the dip yesterday :) I thought I bought the dip last we...
by JBTX
Sun May 16, 2021 3:06 pm
Forum: Personal Investments
Topic: Bad 401k Plan - What to Do?
Replies: 9
Views: 682

Re: Bad 401k Plan - What to Do?

My new employer offers a crap 401k plan with American funds. All funds are actively managed, expense ratios >.91, limited transparency on the underlying assets, and their "flagship" funds have all underperformed the market. Safe to say, I'm pretty annoyed. I will continue to max out the b...
by JBTX
Sun May 16, 2021 2:49 pm
Forum: Investing - Theory, News & General
Topic: Cryptocurrency in Free Fall
Replies: 569
Views: 45100

Re: Cryptocurrency in Free Fall

My $1000 investment between Bitcoin and Etherium a few weeks ago is now less than $1000. :oops: :annoyed :annoyed
by JBTX
Sun May 16, 2021 2:40 am
Forum: Personal Consumer Issues
Topic: [What TV Show Have You Recently Watched?]
Replies: 2852
Views: 282541

Re: [What TV Show Have You Recently Watched?]

Watched "Chance" on Hulu. Hugh Laurie plays a nueropsychaitrist. Obviously they were trying to capture some of the magic of House. 2 seasons and it grows progressively more implausible, but almost worth watching just for Hugh Laurie. Tried a few episodes of "the Witcher" but lost...
by JBTX
Sun May 16, 2021 2:30 am
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 6715
Views: 1466161

Re: What Movie Have You Recently Watched?

"Tenet" - on blu ray but you can stream it on Hulu. Time travel movies rarely leave me satisfied and this one continued that trend. Hard to follow and confusing to me, but decent acting and looked/sounded great. I had to google the movie afterward not to find out more about it because it ...
by JBTX
Sat May 15, 2021 10:14 pm
Forum: US Chapters
Topic: Suggestions for the Wiki
Replies: 504
Views: 412714

Re: Suggestions for the Wiki

In the Bond basics article, there's a broken link to a non-existent ID on the page. The sentence after the first paragraph is "Note: Those looking for a "very basic" introduction to bonds should start with the tutorial at the bottom of this page." and "tutorial" links ...
by JBTX
Sat May 15, 2021 4:37 pm
Forum: Personal Finance (Not Investing)
Topic: Auto insurance total loss claim
Replies: 16
Views: 1044

Re: Auto insurance total loss claim

How much is it to fix? Can you take the total loss payment and fix it?
by JBTX
Sat May 15, 2021 3:32 pm
Forum: Investing - Theory, News & General
Topic: Inflation could be 20% in the next three years: Wharton's Jeremy Siegel
Replies: 167
Views: 15460

Re: Inflation could be 20% in the next three years: Wharton's Jeremy Siegel

"Siegel believes inflation will surge a bracing 20% over the next three or four years. That means it could be as high as 6.7% annually during that span.. Yes this is what I think he meant. He's not saying 20% per year. He's saying 20% over 3 years so 6+% per year. Thank you. Everyone seems to ...
by JBTX
Sat May 15, 2021 3:25 pm
Forum: Investing - Theory, News & General
Topic: Inflation could be 20% in the next three years: Wharton's Jeremy Siegel
Replies: 167
Views: 15460

Re: Inflation could be 20% in the next three years: Wharton's Jeremy Siegel

Did he specifically predict 20% cpi inflation, or was he referring to inflation in real assets? Rarely do people apply the term 'inflation' to real assets (e.g., stocks, real estate). Yeah, I understand that. Listening to it again he said over the next 2 or 3 years we could have 20% inflation. I wo...
by JBTX
Sat May 15, 2021 2:45 pm
Forum: Investing - Theory, News & General
Topic: Inflation could be 20% in the next three years: Wharton's Jeremy Siegel
Replies: 167
Views: 15460

Re: Inflation could be 20% in the next three years: Wharton's Jeremy Siegel

Did he specifically predict 20% cpi inflation, or was he referring to inflation in real assets?
by JBTX
Sat May 15, 2021 2:37 pm
Forum: Investing - Theory, News & General
Topic: Sequence of Returns Risk and Target Date Funds
Replies: 21
Views: 1853

Re: Sequence of Returns Risk and Target Date Funds

I think you have touched on my contention. These probabilities were derived based upon a fixed historical period. The only thing measured is the end result. It does not speak to the journey and risk you may be exposed to at any point in time. Within those data sets, it is possible you are 80 years ...
by JBTX
Sat May 15, 2021 12:20 am
Forum: Personal Investments
Topic: I-Bonds and EE Bonds in Portfolio [in your 20's]
Replies: 51
Views: 4292

Re: I-Bonds and EE Bonds in Portfolio [in your 20's]

I wish I had bought Series I Bonds before I turned 30. As life turned out, I didn't, but I'm getting close to six figures in them. I don't really think of a "bond allocation" as part of my portfolio anyway. I have a stocks allocation and a conservative assets allocation; the latter includ...
by JBTX
Fri May 14, 2021 11:45 pm
Forum: Investing - Theory, News & General
Topic: Sequence of Returns Risk and Target Date Funds
Replies: 21
Views: 1853

Re: Sequence of Returns Risk and Target Date Funds

These strategies are for a typical retirement. Work, retire and draw social security around the same times. Many Bogleheads want to retire early and a bond tent could make sense to bridge the period between retiring and drawing social security. A rising equity glide path in retirement never made an...
by JBTX
Fri May 14, 2021 11:43 pm
Forum: Investing - Theory, News & General
Topic: Sequence of Returns Risk and Target Date Funds
Replies: 21
Views: 1853

Re: Sequence of Returns Risk and Target Date Funds

A rising equity path basically gives you a bond tent. You start at 25/75 and go to 50/50 instead of just staying at 40/60 throughout retirement by spending those bonds. The implementation details differ but the idea of having a ton of bonds early and less later is the same. The reality is that they...
by JBTX
Fri May 14, 2021 8:14 pm
Forum: Investing - Theory, News & General
Topic: Sequence of Returns Risk and Target Date Funds
Replies: 21
Views: 1853

Re: Sequence of Returns Risk and Target Date Funds

To my knowledge, all target date funds offered by the major brokerages have a steadily-downward equity glide path leading up to and entering the “retirement date” in the fund name. None of them use a bond tent beforehand, or rising equity glide path later in retirement. Why is this? Does this mean ...
by JBTX
Fri May 14, 2021 8:07 pm
Forum: Investing - Theory, News & General
Topic: Globally Diversified or Worsified?
Replies: 204
Views: 10689

Re: Globally Diversified or Worsified?

Why not say the same for U.S. tech stocks vs. the rest of the U.S. market? How undiversified do you want to get to chase performance? I’m only talking about dropping the international diversification but keeping the vast diversification offered by the thousands of stocks in the US stock market. So ...
by JBTX
Fri May 14, 2021 8:03 pm
Forum: Investing - Theory, News & General
Topic: Globally Diversified or Worsified?
Replies: 204
Views: 10689

Re: Globally Diversified or Worsified?

If US equities average 10% returns and international average 8.5% over long periods of time, then wouldn’t adding international stocks pull down the average? If those average returns were truly accurate expectations for future returns (they are not), then yes the average return of the portfolio wou...
by JBTX
Fri May 14, 2021 7:45 pm
Forum: Investing - Theory, News & General
Topic: Globally Diversified or Worsified?
Replies: 204
Views: 10689

Re: Globally Diversified or Worsified?

I’ve been pouring money into international stocks for well over a decade now. Ouch. I’ve read Vanguard’s outlook for next decade, and they predict international will outperform US by a significant margin. Maybe it will finally payoff. But I have to wonder, do international stocks really add anythin...
by JBTX
Thu May 13, 2021 2:15 pm
Forum: Personal Consumer Issues
Topic: Does it make financial sense to buy a "beater" for a long distance commute?
Replies: 90
Views: 5150

Re: Does it make financial sense to buy a "beater" for a long distance commute?

I may be offered a position (a promotion) that is currently ~200 miles from where I live. The assignment would be for a limited term, most likely two years, three years at most. We bought our house approximately 18 months ago and really don't want to move - my wife has a great job in our current ci...
by JBTX
Wed May 12, 2021 9:54 pm
Forum: US Chapters
Topic: Join the Wiki!
Replies: 94
Views: 84299

Re: Join the Wiki!

May I help with wiki?
by JBTX
Wed May 12, 2021 9:10 pm
Forum: Personal Consumer Issues
Topic: Moving-YouTube Tv vs. Directv
Replies: 22
Views: 1630

Re: Moving-YouTube Tv vs. Directv

Just lost a $25/mo discount on Directv, and they wouldn't renew it. Still have another $25/mo discount. I may give YouTube TV a try
by JBTX
Wed May 12, 2021 7:55 pm
Forum: Investing - Theory, News & General
Topic: Cryptocurrency in Free Fall
Replies: 569
Views: 45100

Re: Cryptocurrency in Free Fall

I just doubled my investment on the drop. Now up to $1000!!!!!
by JBTX
Wed May 12, 2021 4:01 pm
Forum: Investing - Theory, News & General
Topic: not contributing to IRA, even if you have the money available
Replies: 17
Views: 1188

Re: not contributing to IRA, even if you have the money available

We've typically waited to after we've done our taxes, or at least know about where they'd come out. For us, a backdoor Roth is not ideal, because we have traditional rollover IRAS. Also, it gives us more time to know what our cash needs may be. Recent years we haven't been eligible. This year may be...
by JBTX
Tue May 11, 2021 10:45 pm
Forum: Personal Finance (Not Investing)
Topic: I See no Path Forward Financially
Replies: 101
Views: 11870

Re: I See no Path Forward Financially

Hi all, I’m brand new to the forum and want to go over my financial situation. I’m 28 years old and a large percentage of the past decade of my life was marred by depression and alcoholism, a combination that has led me to have a decent amount of debts and almost no money in the bank. Even though I...
by JBTX
Tue May 11, 2021 9:50 pm
Forum: Investing - Theory, News & General
Topic: Odd Lots: Why Passive Investing Might Be Distorting The Market (Podcast)
Replies: 56
Views: 7689

Re: Odd Lots: Why Passive Investing Might Be Distorting The Market (Podcast)

1. No it doesn't "distort" the market, whatever that means 2. If hedge funds invented index funds, and they could still charge 2/20 or whatever they charge and beat everyone else, they surely would (yes I know that is a theoretical impossibility). If they could do somethjng that beats ever...
by JBTX
Tue May 11, 2021 7:19 pm
Forum: Personal Investments
Topic: What do people actually mean when they say "buy land" to build wealth?
Replies: 41
Views: 4480

Re: What do people actually mean when they say "buy land" to build wealth?

If you buy land you need to exceed inflation, plus property taxes, maybe modest insurance and any other minimal maintenance. While in some areas you will clear that in many instances you won't. I had parents buy some NC land in the 80s for potential retirement home. Sold it a decade later and decide...
by JBTX
Tue May 11, 2021 6:37 pm
Forum: Investing - Theory, News & General
Topic: Guideline 401k adds 0.08% aum fee
Replies: 5
Views: 751

Re: Guideline 401k adds 0.08% aum fee

So they are moving it from employers who get a tax deduction to employees who don’t.
by JBTX
Tue May 11, 2021 5:15 pm
Forum: Personal Consumer Issues
Topic: how to get rid of junk mail for my mother
Replies: 42
Views: 2583

Re: how to get rid of junk mail for my mother

Reputable mailers may run the the Direct Marketing Association's DMAChoice file. It will cost you $2 to get on the file for 10 years. In 11 years you won't be on the file any more. You can mail in a request for $3, see PDF form on their site. Many mailers won't use this file. https://www.dmachoice....
by JBTX
Tue May 11, 2021 5:06 pm
Forum: Investing - Theory, News & General
Topic: Crypto mania !
Replies: 750
Views: 34406

Re: Crypto mania !

More coins for dogs. https://www.marketwatch.com/story/dogecoin-copycats-are-driving-up-ethereum-fees-and-vexing-parts-of-the-crypto-community-11620763351?mod=home-page One virtual, China-based cryptocurrency, Shiba Inu, which was minted recently and modeled as a “fun” crypto a la dogecoin DOGEUSD, ...
by JBTX
Tue May 11, 2021 2:36 pm
Forum: Investing - Theory, News & General
Topic: Crypto mania !
Replies: 750
Views: 34406

Re: Crypto mania !

Economist article on govt issued digital currency. https://www.economist.com/leaders/2021/05/08/the-digital-currencies-that-matter One could take this several ways. It could mean the end of usefulness of alternative coins. Or, it accelerates digital finance, and as such legitimizes it, and establish...
by JBTX
Tue May 11, 2021 8:32 am
Forum: Personal Investments
Topic: Why foreign stocks?
Replies: 115
Views: 7158

Re: Why foreign stocks?

In early 90s Japan was 45% of world market cap and US was 33%. Now US is 57% and Japan is 7%. In my mind this is a good reason to diversify outside of US.
by JBTX
Tue May 11, 2021 2:49 am
Forum: Investing - Theory, News & General
Topic: Interesting interview with Nouriel Roubini
Replies: 41
Views: 3605

Re: Interesting interview with Nouriel Roubini

I didn't listen to the videos, yet. I have read and listened to him post 2009. He has been predicting an economic collapse for about a decade. Perhaps eventually if we wait long enough he will be correct. I've often agreed with many of his assessments and opinions. The problem is its always easy to ...
by JBTX
Tue May 11, 2021 2:45 am
Forum: Personal Investments
Topic: Possible to voluntarily freeze account while away?
Replies: 9
Views: 979

Re: Possible to voluntarily freeze account while away?

Fidelity has a feature where you can go online and freeze whichever accounts you want, which means you can't withdraw or trade from them. At that point any phone call request to withdraw money will not be allowed. You have to go back online to unfreeze them Unfreezing the Fidelity freeze requires n...
by JBTX
Mon May 10, 2021 8:12 pm
Forum: Personal Investments
Topic: IRA Roth Problem Income too high surprise
Replies: 5
Views: 665

Re: IRA Roth Problem Income too high surprise

Good Afternoon, Please help kind Bogleheads, I have a problem I've never had before and need advice to fix it. I've been putting money into a Roth IRA for some time, maxing every year with a small amount every month according to Vanguard schedule of auto deposits. Now today, I find out from my SO t...
by JBTX
Mon May 10, 2021 8:01 pm
Forum: Investing - Theory, News & General
Topic: The Unusual Retirement Math of Homeownership
Replies: 49
Views: 6490

Re: The Unusual Retirement Math of Homeownership

Only having to pay $168k for a house that rents for $16k a year seems in favor of owning. In the homes around here, which run significantly over that, rental rates seem to run close to mortgage+prop tax+insurance. Are you factoring in all maintenance and renovation costs? Around here, where an aver...
by JBTX
Mon May 10, 2021 7:55 pm
Forum: Personal Investments
Topic: Selection of 401k funds
Replies: 7
Views: 476

Re: Selection of 401k funds

His employer's 401k plan offers many excellent fund choices, he is fortunate. He could use a single BlackRock LifePath fund by itself, for a very simple all-in-one type portfolio. Otherwise I suggest a three-fund type portfolio using these funds: 1) Fidelity Total Market Index Fund (FSKAX)ER 0.02%;...
by JBTX
Mon May 10, 2021 7:51 pm
Forum: Personal Investments
Topic: Need advice plz! Portfolio review and addt'l investment
Replies: 5
Views: 676

Re: Need advice plz! Portfolio review and addt'l investment

Overall looks good. SPY is fine. I wouldn't hold company stock long term. Either sell it as soon as eligible, at 24% gain, or wait until 1 year, at 15% gain. You could go either way on that, but for a 9% tax gain (not including state income tax impact) over 6 months, I'd probably wait until 1 year t...
by JBTX
Mon May 10, 2021 7:08 pm
Forum: Investing - Theory, News & General
Topic: Bitcoin knockoff
Replies: 27
Views: 4594

Re: Bitcoin knockoff

hnd wrote: Mon May 10, 2021 9:24 am the birth parents of our foster children are going to be RICH once they hear about insane clown posse coins.
ICP Coin? Juggcoin? I'm in.

###### magnets! How do they work?
by JBTX
Mon May 10, 2021 6:48 pm
Forum: Investing - Theory, News & General
Topic: The Unusual Retirement Math of Homeownership
Replies: 49
Views: 6490

Re: The Unusual Retirement Math of Homeownership

This post is only about home ownership of your primary residence. Rental properties take on additional risks. I think homeownership outperforms a traditional investment portfolio, by reducing volatility and better matching returns to expenses, but I would love to hear other people's math based argu...
by JBTX
Mon May 10, 2021 6:37 pm
Forum: Investing - Theory, News & General
Topic: Cryptocurrency - Bitcoin Continues to Soar!
Replies: 673
Views: 48617

Re: Cryptocurrency - Bitcoin Continues to Soar!

I think most pro-crypto folks are very much in favor of regulation. Regulation brings greater stability and confidence to the market. Luckily the top regulator at the SEC actually understands blockchain quite well. So decentralization isn't the goal anymore? Can governments create rules that the Et...
by JBTX
Mon May 10, 2021 6:29 pm
Forum: Investing - Theory, News & General
Topic: Cryptocurrency - Bitcoin Continues to Soar!
Replies: 673
Views: 48617

Re: Cryptocurrency - Bitcoin Continues to Soar!

I think most pro-crypto folks are very much in favor of regulation. Regulation brings greater stability and confidence to the market. Luckily the top regulator at the SEC actually understands blockchain quite well. So decentralization isn't the goal anymore? Can governments create rules that the Et...
by JBTX
Mon May 10, 2021 6:16 pm
Forum: Personal Investments
Topic: Is it a sin to sit on $2M+ of cash for several months?
Replies: 31
Views: 4278

Re: Is it a sin to sit on $2M+ of cash for several months?

I am in the process of selling my cryptocurrency holdings, and currently have $2M USD in cash. I plan to be gradually selling more cryptocurrency depending on time and price targets; think of it as a "dollar cost average out". I may receive any number of $ from this over the coming months...
by JBTX
Sat May 08, 2021 6:17 pm
Forum: Personal Finance (Not Investing)
Topic: Frustrating candidate experiences in job search
Replies: 79
Views: 6146

Re: Frustrating candidate experiences in job search

I'm looking at various things: manufacturing, office work (data entry, inventory, etc), computer work. The other point I didn't bring up in my original post is that often, you go through (if you choose to) all this effort, and the job listing is offering awful pay. So it's not like you can even say...