Search found 439 matches

by ThePrince
Wed Apr 14, 2021 8:32 am
Forum: Personal Investments
Topic: Alternative to Total Bond?
Replies: 46
Views: 4573

Re: Alternative to Total Bond?

BNDW: Vanguard Total World Bond ETF.

Unparalleled diversification through one ETF. It’s not for everyone, but does help mitigate against single country black swans.
by ThePrince
Fri Apr 09, 2021 11:01 pm
Forum: Personal Finance (Not Investing)
Topic: Using equity in primary home to invest in multiple investment properties
Replies: 30
Views: 2062

Re: Using equity in primary home to invest in multiple investment properties

This is not something I'd consider doing. My house is where I live and an important asset that I take care of (and have paid off.) Never, ever risk your home on rental properties or small business. We bought many rental properties over the years but never used our home as collateral. My sister and ...
by ThePrince
Sun Mar 14, 2021 7:32 pm
Forum: Investing - Theory, News & General
Topic: China’s Sp500 equivalent ETF
Replies: 7
Views: 1055

Re: China’s Sp500 equivalent ETF

Does anyone know if China has an S&P equivalent and what its ticker is? Or what grouping of ETFs would be close to it? What about total China stock market? Would prefer SP500 equivalent though. Try ETF, CNYA. It seeks to track the investment results of the MSCI China A Inclusion Index composed ...
by ThePrince
Sun Mar 07, 2021 5:54 pm
Forum: Personal Investments
Topic: Cash Out Refi to Invest
Replies: 32
Views: 1994

Re: Cash Out Refi to Invest

My home is paid off in full, but I have the opportunity to get a cash out refi for around 3%, I could take this and invest about $250k in a taxable brokerage. Would this be a good idea to improve market opportunities I am missing? I have about $500k in retirement, a $20k emergency fund, and my home...
by ThePrince
Sat Feb 20, 2021 9:44 pm
Forum: Investing - Theory, News & General
Topic: No T. Rowe Price?
Replies: 74
Views: 7233

Re: No T. Rowe Price?

Blue456 wrote: Sat Feb 06, 2021 10:35 am
ThePrince wrote: Sat Feb 06, 2021 9:17 am I am a huge fan of TRP’s actively managed funds.
Which funds you like?
These are some of my favorites: PRGTX, PRHSX, PRIDX, PRMSX, PRMTX.
by ThePrince
Sat Feb 06, 2021 9:17 am
Forum: Investing - Theory, News & General
Topic: No T. Rowe Price?
Replies: 74
Views: 7233

Re: No T. Rowe Price?

I am a huge fan of TRP’s actively managed funds.
by ThePrince
Sat Dec 19, 2020 11:47 pm
Forum: Personal Consumer Issues
Topic: Are Strong Passwords Really Necessary?
Replies: 313
Views: 15487

Re: Are Strong Passwords Really Necessary?

Broken Man 1999 wrote: Sat Dec 19, 2020 6:19 pm Only necessary if you want to have better chances of keeping your accounts secure.

Password managers make keeping your accounts secure slap forehead easy!

A better question is why would you want to have less protection, instead of more?

Oh well, your accounts, not mine.

Broken Man 1999
+1
by ThePrince
Thu Dec 17, 2020 10:23 pm
Forum: Personal Investments
Topic: S&P 500 or total stock market index?
Replies: 54
Views: 6059

Re: S&P 500 or total stock market index?

VTI, own the entire U.S. market.
by ThePrince
Wed Oct 28, 2020 11:10 pm
Forum: Personal Investments
Topic: Do you count e-fund as part of your fixed allocation?
Replies: 33
Views: 1737

Re: Do you count e-fund as part of your fixed allocation?

KlangFool wrote: Tue Oct 27, 2020 2:35 pm OP,


I don't. Hence, I do not have to rebalance my portfolio whenever I spend a big sum of money from my emergency fund.


KlangFool
+1
by ThePrince
Fri Sep 25, 2020 9:01 pm
Forum: Personal Finance (Not Investing)
Topic: At what networth is okay to splurge on a 200k car ? (Tesla roadster)
Replies: 159
Views: 11178

Re: At what networth is okay to splurge on a 200k car ? (Tesla roadster)

pasadena wrote: Fri Sep 25, 2020 1:43 pm
Watty wrote: Fri Sep 25, 2020 1:39 pm
sjl333 wrote: Fri Sep 25, 2020 1:32 pm Was wondering what networth you need to be able to buy a 200k car , even if it extends your retirement age by a couple of years ?
To be able to afford a $200K car you should be at a point where it should not impact your retirement age.
This. No car is worth two years of my life.
+1
by ThePrince
Tue Sep 22, 2020 11:12 pm
Forum: Personal Investments
Topic: VXUS - Why? [Vanguard Total International Stock ETF]
Replies: 109
Views: 8089

Re: VXUS - Why? [Vanguard Total International Stock ETF]

lostdog wrote: Tue Sep 22, 2020 9:15 pm Go ahead and dump.

When it outperforms for awhile, get back into it when it's too late.

With long term investing you will usually have a stinker and then it will switch.

You sound like a classic performance chaser. Good luck.
+1
by ThePrince
Tue Sep 15, 2020 8:40 pm
Forum: Personal Investments
Topic: Struggling Over whether to Sell my Tesla Stock
Replies: 74
Views: 6355

Re: Struggling Over whether to Sell my Tesla Stock

aristotelian wrote: Tue Sep 15, 2020 11:10 am Would you buy Tesla with $100k cash right now? Do you have any reason to believe it is worth more than the market thinks? If not, sell. You do not even have a tax hit to worry about.
+1
by ThePrince
Sun Aug 30, 2020 8:39 am
Forum: Personal Investments
Topic: time to invest cash reserves?
Replies: 54
Views: 3892

Re: time to invest cash reserves?

Huge mistake in abandoning your Boglehead ways by timing the market by not investing in your normal fashion. You would likely have come out ahead and even done better had you rebalanced. This is the problem with being a market timer. You are now asking folks that have no idea where the market will ...
by ThePrince
Sat Aug 29, 2020 8:09 am
Forum: Personal Investments
Topic: Checking in with 2 and 3 fund portfolio people
Replies: 23
Views: 2667

Re: Checking in with 2 and 3 fund portfolio people

What's on your mind 2 and 3 funders? Family, work, kids’ school issues, refinancing, minor home improvements, considering a little road trip. Also current events. Getting back into running after some injuries. Shopping for a beach shade or tent type thing. A cutout of my head was behind home plate ...
by ThePrince
Sat Aug 08, 2020 10:22 pm
Forum: Investing - Theory, News & General
Topic: Anyone else hoarding cash right now?
Replies: 262
Views: 33078

Re: Anyone else hoarding cash right now?

I have 2 years of expenses in cash. I bought some gold and silver. I would invest the rest until I reach my number. Then, I may buy more gold and silver. KlangFool I never understand why people think gold is valuable if society collapses. It's not like you can eat it. Probably because gold has been...
by ThePrince
Mon Jul 20, 2020 10:02 pm
Forum: Personal Finance (Not Investing)
Topic: To borrow against Whole life Cash value?
Replies: 19
Views: 1306

Re: To borrow against Whole life Cash value?

My understanding of my options with my Cash value are as follows: 1. Do nothing. Eventually my family will benefit when I sail on into the sunset. I presume you are aware that upon your death, the policy will pay only the death benefit. The "cash value" disappears. A policy will pay the d...
by ThePrince
Sat Jul 04, 2020 1:35 pm
Forum: Investing - Theory, News & General
Topic: Will ex-US ever revert to good performance? Or is it just a high-risk, low-reward investment?
Replies: 358
Views: 20093

Re: Will ex-US ever revert to good performance? Or is it just a high-risk, low-reward investment?

I'd like to point out though that VTIAX hasn't merely "underperformed the US" - it performed poorly, period. In absolute terms, it was just a poorly yielding investment for the past 10 years. Is that normal? By that logic, around 2008-2009 you would've dumped all your U.S. stocks, too, ri...
by ThePrince
Tue Jun 02, 2020 11:05 pm
Forum: Personal Finance (Not Investing)
Topic: Chase reducing credit card limits
Replies: 141
Views: 15971

Re: Chase reducing credit card limits

sailaway wrote: Sun May 31, 2020 4:11 am This is what many of us have been warning about whenever folks say they will just use credit as their emergency fund. CC limits get cut and HELOCs get cancelled when the economy isn't thriving.

If you plan to use it, you may be able to contact them, otherwise, I would just let it go down.
+1
by ThePrince
Tue May 05, 2020 10:56 am
Forum: Personal Investments
Topic: When to put 5k into the market
Replies: 27
Views: 2068

Re: When to put 5k into the market

willthrill81 wrote: Tue May 05, 2020 10:49 am "The best time to plant a tree was 20 years ago. The next best time is today."
- Chinese proverb
+1
by ThePrince
Thu Apr 23, 2020 11:36 pm
Forum: Personal Finance (Not Investing)
Topic: HELOC for emergency
Replies: 26
Views: 1677

Re: HELOC for emergency

I go against the normal advice here and say that a HELOC is not an emergency fund. You can not borrow your way out of trouble - the money has to be paid back and you are just hoping that you come out all rosy on the other side. A healthy emergency fund in safe assets is sufficient. A HELOC is not a...
by ThePrince
Thu Apr 09, 2020 10:54 pm
Forum: Personal Investments
Topic: Boglehead has strayed. How to get back in the market?
Replies: 51
Views: 6068

Re: Boglehead has strayed. How to get back in the market?

White Coat Investor wrote: Thu Apr 09, 2020 10:45 pm Easier to stay the course than deal with this dilemma.
Bingo. What a mess.
by ThePrince
Sun Apr 05, 2020 10:44 pm
Forum: Investing - Theory, News & General
Topic: What percentage of your paycheck do you invest?
Replies: 268
Views: 17291

Re: What percentage of your paycheck do you invest?

Triple digit golfer wrote: Sun Apr 05, 2020 7:58 pm Keep in mind, OP, that people with lower savings rates are less likely to respond.

15% is very respectable. Well above average.
+1
by ThePrince
Sun Mar 29, 2020 7:55 pm
Forum: Investing - Theory, News & General
Topic: Mortgage - Keep balance as High as Possible
Replies: 162
Views: 12080

Re: Mortgage - Keep balance as High as Possible

sergeant wrote: Sat Mar 28, 2020 8:27 pm My dad was a trust fund baby and worked a lucrative job. He always said it is best to have as much debt as possible cause then everyone you owe is pulling for you to succeed. This reminds me of him. He died destitute.
Wow. Very poignant story. Thank you for sharing.
by ThePrince
Sun Mar 29, 2020 7:45 pm
Forum: Investing - Theory, News & General
Topic: Mortgage - Keep balance as High as Possible
Replies: 162
Views: 12080

Re: Mortgage - Keep balance as High as Possible

Thru all this craziness got me thinking about my mortgage. The thought it to always keep the mortgage owed as close to the value of the home as long as interest rates are low. My rational is that if you have a ton of equity and heaven forbid something happens where you can't make payments, the bank...
by ThePrince
Sun Mar 22, 2020 7:56 pm
Forum: Personal Investments
Topic: Selling 100% stocks on a bounce
Replies: 256
Views: 22889

Re: Selling 100% stocks on a bounce

nps wrote: Sun Mar 22, 2020 7:39 pm
mathguy3021 wrote: Sun Mar 22, 2020 7:32 pm Investors who are short sighted will say that it's too late to sell because of the recent crash. The reality is that in my case, it's equivalent to moving to a much safer allocation after gains in 2016.
Investors who are short sighted also rationalize their panic selling in down markets.
+1
by ThePrince
Sun Mar 22, 2020 10:39 am
Forum: Investing - Theory, News & General
Topic: Why do people keep saying you have to be right twice?
Replies: 213
Views: 8030

Re: Why do people keep saying you have to be right twice?

drk wrote: Sat Mar 21, 2020 2:45 pm For a triviality, we sure have seen a lot of threads from people who got out in 2009 and never felt comfortable getting back in. The problem with being a reactionary bear is that being right once only reinforces their preconceived notions.
+1
by ThePrince
Mon Mar 16, 2020 11:00 pm
Forum: Investing - Theory, News & General
Topic: Deploying your emergency fund to buy stocks? Think again.
Replies: 187
Views: 31050

Re: Deploying your emergency fund to buy stocks? Think again.

If I am not able to cover a year's worth of expenses from my stock portfolio, that means equities have dropped over 90% from their peak. If that happens, we will likely be in a doomsday scenario where even cash has lost its value. If stocks drop by 50% and you need to sell to cover some emergency e...
by ThePrince
Mon Mar 16, 2020 5:07 pm
Forum: Investing - Theory, News & General
Topic: Dave Ramsey Reacts to Stock Market Crash
Replies: 93
Views: 15537

Re: Dave Ramsey Reacts to Stock Market Crash

Do people even watch the linked videos before commenting? Or does the name Ramsey just send people into a tizzy? What he said was basically pure Boglehead material with just a little more fire. Also he said oil was down 33%...... not the stock market. Think he mentioned Southwest airlines down 30% ...
by ThePrince
Sun Mar 08, 2020 10:34 pm
Forum: Personal Finance (Not Investing)
Topic: Colleague is Day Trading
Replies: 43
Views: 4295

Re: Colleague is Day Trading

All good points above about it being none of my business. It is all he talks about lately. I'll tune it out! Thanks, all! If he's telling you what he's doing, it's only fair you can tell him what you're doing. Don't try to convince, as that could make him defensive. Maybe you can give him some food...
by ThePrince
Sun Mar 01, 2020 10:36 am
Forum: Investing - Theory, News & General
Topic: Where My 100% Equities Peeps At?!?
Replies: 211
Views: 21944

Re: Where My 100% Equities Peeps At?!?

cchrissyy wrote: Sat Feb 29, 2020 11:03 pm 90/10, staying the course
Same here.
by ThePrince
Mon Jan 20, 2020 12:54 am
Forum: Personal Finance (Not Investing)
Topic: Shouldering the burden of my in-laws’ lifestyle
Replies: 48
Views: 5076

Re: Shouldering the burden of my in-laws’ lifestyle

TheDDC wrote: Sun Jan 19, 2020 11:02 pm Having a spare 2-3k to spend in that fashion seems like you are “giving a drunk a drink” as Dave Ramsey says.

I would instead give them a time limit on the help and then cut off. You should keep your financial life separate from family, especially in this scenario.

-TheDDC
+1
by ThePrince
Sun Jan 05, 2020 3:51 am
Forum: Personal Investments
Topic: Emergency Fund vs Line of Credit
Replies: 20
Views: 1901

Re: Emergency Fund vs Line of Credit

Bama12 wrote: Sun Jan 05, 2020 1:41 am I will never understand going in debt as a way of helping a emergency.
+++1
by ThePrince
Wed Jan 01, 2020 11:39 pm
Forum: Investing - Theory, News & General
Topic: Is total world bond safer than US treasuries?
Replies: 140
Views: 8336

Re: Is total world bond safer than US treasuries?

Seems exactly the same as for international equities. Yet, there seems to be a much greater consensus for the "value" of adding international equities to a portfolio of domestic equities, than for adding international bonds. I don't understand fully the reason for this dichotomy. Indeed, ...
by ThePrince
Sun Dec 22, 2019 11:37 pm
Forum: Personal Investments
Topic: Emergency fund as part of asset allocation?
Replies: 45
Views: 4019

Re: Emergency fund as part of asset allocation?

I have a 75% stock / 25% bonds/fixed income allocation. Does my emergency fund count as part of the bonds/fixed income allocation? In my view, no. The purpose of having an emergency fund is so that you have cash on hand and not have to sell any of your investments in a down market to handle an unfo...
by ThePrince
Thu Dec 12, 2019 10:19 pm
Forum: Personal Finance (Not Investing)
Topic: Opening a HELOC. Wise or not?
Replies: 19
Views: 1347

Re: Opening a HELOC. Wise or not?

bloom2708 wrote: Thu Dec 12, 2019 11:07 am I would pass.

Let's say you have a true emergency. Both lose their jobs on the same day. Do you want to borrow on a HELOC at that point?

Not worth the hassle to me.
+1

Let’s not compound our risk and misery by borrowing in/through an emergency.
by ThePrince
Wed Dec 04, 2019 1:02 am
Forum: Personal Consumer Issues
Topic: Unpaid speeding ticket from 40 years ago.
Replies: 93
Views: 8005

Re: Unpaid speeding ticket from 40 years ago.

oldfatguy wrote: Tue Dec 03, 2019 1:12 pm If you do get pulled over, tell the police you were on your way to turn yourself in.
LMAO.
by ThePrince
Fri Nov 29, 2019 1:27 am
Forum: Investing - Theory, News & General
Topic: To tilt or not to tilt, for amateurs?
Replies: 26
Views: 1736

Re: To tilt or not to tilt, for amateurs?

This forum is replete with posters who are “giving up” on their strategy: small cap, international, value, momentum, whatever... You can find a one or two of those posts every week. The most common - in fact almost universal - reason? You guessed it, underperformance . For 2 years or 5 years or wha...
by ThePrince
Sat Nov 16, 2019 3:05 pm
Forum: Personal Finance (Not Investing)
Topic: Engineering an exit and preparing financially
Replies: 14
Views: 3558

Re: Engineering an exit and preparing financially

MotoTrojan wrote: Sat Nov 16, 2019 2:57 pm
sd323232 wrote: Sat Nov 16, 2019 2:55 pm i think you are being too hard on yourself, you have 1.2 mil networth. Take the safe job even with a paycut. You may not think so yet, but you have won the game. Why overthink?
This.
+1
by ThePrince
Mon Nov 11, 2019 10:06 pm
Forum: Personal Investments
Topic: Investing $140k in cash at 1k per week
Replies: 174
Views: 13585

Re: Investing $140k in cash at 1k per week

mike152 wrote: Mon Nov 11, 2019 2:48 pm Question: If you had 140k already invested today, would you withdraw all of it in cash now, and slowly reinvest? Or, just leave it?
This.
by ThePrince
Tue Oct 29, 2019 4:27 pm
Forum: Personal Finance (Not Investing)
Topic: Uber VISA rewards cut
Replies: 77
Views: 17327

Re: Uber VISA rewards cut

Thanks for sharing. Reducing the dining rewards, eliminating the subscription benefit and eliminating cash back are significant negative changes. This card just dropped off my “must have” list even if it retains the cell phone insurance. Agreed. I’ll likely call and cancel the card. It was great wh...
by ThePrince
Wed Oct 23, 2019 10:28 pm
Forum: Personal Investments
Topic: 11 Reasons to Carry a Big, Long Mortgage by Ric Edelman.
Replies: 93
Views: 12234

Re: 11 Reasons to Carry a Big, Long Mortgage by Ric Edelman.

banjo wrote: Wed Oct 23, 2019 9:26 pm Investing borrowed money. Investing on margin. The leverage works great when the market goes up. The leverage also works, but in a bad way, when the market goes down.
+1
by ThePrince
Sat Sep 21, 2019 6:11 pm
Forum: Personal Investments
Topic: cash-out refi, investment interest expense
Replies: 5
Views: 658

Re: cash-out refi, investment interest expense

Hi, Let us say one refinances the home mortgage. Assume MFJ. The mortgage balance at the time of refinance is X dollars (< 500k). The Cash-out amount is Y dollars (< 500k). Some part of Y, let us say Z dollars, are used to buy the Vanguard Total Stock Market Index ETF. My understanding is that only...
by ThePrince
Sat Aug 17, 2019 8:37 am
Forum: Personal Finance (Not Investing)
Topic: I really do not like using credit cards. Do any of you have a good credit score with no credit cards?
Replies: 247
Views: 8213

Re: Does anyone here have no credit cards? How is that working out for you? Do you have any trouble without them?

With no intended slight to the OP, I have to say this is an example of the really, really, really bad influence that Dave Ramsey has. In an effort to tell people that being in debt is bad, he has managed to convince people that simply having a credit card is bad. Good grief. If you use a credit car...
by ThePrince
Fri Aug 16, 2019 9:21 pm
Forum: Investing - Theory, News & General
Topic: When should I invest on Vanguard margin?
Replies: 24
Views: 4499

Re: When should I invest on Vanguard margin?

oldcomputerguy wrote: Fri Aug 16, 2019 5:00 am There are some members here who do invest on margin. Speaking strictly for myself, I think it's a very, very bad idea. Margin calls are one of the factors that contributed to the extreme severity of the 1929 market crash and the ensuing Great Depression. I don't recommend it.
Bingo!
by ThePrince
Sat Aug 03, 2019 4:32 pm
Forum: Investing - Theory, News & General
Topic: Jack Bogle - Two Fund Portfolio
Replies: 1274
Views: 143356

Re: Jack Bogle - Two Fund Portfolio

lostdog wrote: Sat Aug 03, 2019 2:32 pm VT+BNDW and chill. Works for me...

:sharebeer
Ditto.
by ThePrince
Sat Aug 03, 2019 4:27 pm
Forum: Personal Finance (Not Investing)
Topic: Dept Outsourced - Job Worries - Need your Advises
Replies: 69
Views: 13473

Re: Dept Outsourced - Job Worries - Need your Advises

Well, this doesn’t help you much, but just information for those to come after you - a home remodel doesn’t count as an emergency. Don’t use your EF for things like this. You have a year. stop your retirement contributions, build up as much cash as possible, and start looking for a new job. Most pe...
by ThePrince
Fri Aug 02, 2019 7:52 am
Forum: Personal Investments
Topic: Questioning our portfolio
Replies: 75
Views: 4858

Re: You helped us - 2 month update

Awesome work! Keep it up!
by ThePrince
Sat Jul 27, 2019 12:37 pm
Forum: Personal Finance (Not Investing)
Topic: Cash out refinance - interest free money
Replies: 16
Views: 1943

Re: Cash out refinance - interest free money

Paying points can be a good idea, but cash out refinancing not so much. This article discusses points and break even periods. https://www.nerdwallet.com/blog/mortgages/should-i-buy-points-mortgage-calculator/ I don’t understand what the 12k cash out is for. I think you missed the point. Here is the...