These words were written in the true New York spirit!Valuethinker wrote: ↑Mon Mar 18, 2024 4:49 am It's always time to go to New York.
Even in the 1970s and 1980s, when the City was deeply troubled and unbelievably squalid compared to now, New York was special.
New York is the city of the 20th Century. Maybe the greatest city of the mid 20th century. It retains that sheer, full on, zest for life - even now.
Search found 9379 matches
- Mon Mar 18, 2024 5:54 am
- Forum: Personal Consumer Issues
- Topic: NYC This Year or Wait? Has it sufficiently recovered from Covid?
- Replies: 54
- Views: 3948
Re: NYC This Year or Wait? Has it sufficiently recovered from Covid?
- Sun Mar 17, 2024 7:36 pm
- Forum: Investing - Theory, News & General
- Topic: Access to Morningstar's X-ray?
- Replies: 11
- Views: 1006
Re: Access to Morningstar's X-ray?
Why do you want access? I see no value there. Just ask your questions here.
- Sun Mar 17, 2024 7:32 pm
- Forum: Personal Finance (Not Investing)
- Topic: Medicare: Getting Part A and D only
- Replies: 43
- Views: 2094
Re: Medicare: Getting Part A and D only
I'm kicking this around. I know I'm not getting any younger and may change my mind, but for most of the years of my life, I've gone to a Dr once a year, for a physical. Typical Dr office costs are in the $200-400 range (a physical would probably be somewhat more). I'd pay more per year in just a few months of Part B. Thoughts? Too risky? Too something else I'm not thinking of? For most of my adult life I went to my primary care physician every five years and to an optometrist every 3-5 years. That was the extent of my interactions with the medical community. When I reached age 65 I considered not enrolling in Part B. My then 95 year old father sat me down and walked me through his medical bills and my late mother's medical bills. Part B wa...
- Sun Mar 17, 2024 7:15 pm
- Forum: Personal Consumer Issues
- Topic: NYC This Year or Wait? Has it sufficiently recovered from Covid?
- Replies: 54
- Views: 3948
Re: NYC This Year or Wait? Has it sufficiently recovered from Covid?
Two weeks seems like it might be too long a visit. Why not go for one week? If you like it, you can return the following year for another week. The only cost difference between one two-week trip and two one-week trips is the extra airfare.
- Sun Mar 17, 2024 6:05 pm
- Forum: Personal Consumer Issues
- Topic: Anyone former RV'ers happy with Tesla Camping?
- Replies: 8
- Views: 2432
Re: Anyone former RV'ers happy with Tesla Camping?
What is Tesla Camping?
- Sun Mar 17, 2024 9:48 am
- Forum: Personal Consumer Issues
- Topic: Suggestions around Dulles-IAD Arrival
- Replies: 14
- Views: 1378
Re: Suggestions around Dulles-IAD Arrival
As soon as you clear customs, take an Uber from Dulles to one of the hotels around BWI. Use that hotel as your base of operations while hanging out in nearby Ellicott City. Fly home from BWI.
You do not want to spend the night near Dulles and then deal with the morning rush hour traffic from Dulles to BWI. That would be painful in the extreme. Get to BWI that same night.
You do not want to spend the night near Dulles and then deal with the morning rush hour traffic from Dulles to BWI. That would be painful in the extreme. Get to BWI that same night.
- Sun Mar 17, 2024 5:56 am
- Forum: Personal Investments
- Topic: Bond Investing
- Replies: 21
- Views: 2805
Re: Bond Investing
But if you extend your analysis to include 2023 as well as 2022, how did those funds do?lakpr wrote: ↑Sat Mar 16, 2024 2:42 pmThose are the losses experienced by Total Bond fund and Long Term Treasury Bond fund, respectively, in 2022.LarryDavid wrote: ↑Sat Mar 16, 2024 12:11 pm Can you help me understand this statement better: "If you value safety in your "fixed income" and not see it evaporate 13% (intermediate term bond fund) to 30% (long term bond fund), stick to I-bonds."
What are the percentages?
- Sat Mar 16, 2024 10:02 pm
- Forum: Personal Consumer Issues
- Topic: Should I buy a $3k camera lens or get a cheaper lens instead?
- Replies: 25
- Views: 1560
Re: Should I buy a $3k camera lens or get a cheaper lens instead?
Go for the best lens. You will be a happier photographer. If you go for second best you will wish you had spent the extra money.
- Sat Mar 16, 2024 9:59 pm
- Forum: Personal Finance (Not Investing)
- Topic: Am I Only One Who Hates Having Left Over Pennies
- Replies: 53
- Views: 4137
Re: Am I Only One Who Hates Having Left Over Pennies
It does not bother me in the least to have loose change in my settlement fund. The amount is nearly always less than $100, and that's an insignificant amount compared to my overall portfolio.
The fact that so many people seem bothered by loose change in their settlement funds actually worries me, because it tells me that many of the members of our forum have irrational obsessions.
The fact that so many people seem bothered by loose change in their settlement funds actually worries me, because it tells me that many of the members of our forum have irrational obsessions.
- Sat Mar 16, 2024 9:24 pm
- Forum: Personal Investments
- Topic: Solicitation From Advisor--Privacy of Account
- Replies: 15
- Views: 1088
Re: Solicitation From Advisor--Privacy of Account
I have brokerage accounts at Fidelity, Vanguard, and Schwab. I keep all my funds invested. My settlement fund rarely has more than $100 in it. Nobody from the brokerages ever calls me.
- Fri Mar 15, 2024 9:47 pm
- Forum: Personal Investments
- Topic: Where to keep emergency funds?
- Replies: 23
- Views: 2288
- Fri Mar 15, 2024 3:59 pm
- Forum: Personal Finance (Not Investing)
- Topic: Student loan "refinance" with credit card balance balance transfer?
- Replies: 15
- Views: 825
Re: Student loan "refinance" with credit card balance balance transfer?
If you don't care about your credit score, then you can chase after $700. Most of us do care about our credit scores, and most of us consider $700 to be a small amount compared to our portfolio value.mhadden1 wrote: ↑Fri Mar 15, 2024 3:55 pmI do this kind of thing when it suits me, and I get a favorable CC offer. I don't care about my credit score, and it does go down when I get new credit cards etc, but it seems to bob right back up. I like to get $700. I realize that for many people, $700 is just rounding error, not worth stopping the car if it blows out the window.tashnewbie wrote: ↑Fri Mar 15, 2024 3:45 pm At most you're looking at $1000 interest rate arbitrage, before taxes. After taxes, you'll have what? Maybe $700.
- Fri Mar 15, 2024 3:25 pm
- Forum: Personal Finance (Not Investing)
- Topic: Student loan "refinance" with credit card balance balance transfer?
- Replies: 15
- Views: 825
Re: Student loan "refinance" with credit card balance balance transfer?
Yes.YoungDoc88 wrote: ↑Fri Mar 15, 2024 3:18 pm I didn't think about lowering my credit, that's a good point. Does it lower it more than have a student loan debt?
- Thu Mar 14, 2024 9:50 pm
- Forum: Personal Finance (Not Investing)
- Topic: The best game-changing financial advice you ever received (or "discovered")
- Replies: 120
- Views: 11129
- Thu Mar 14, 2024 6:34 am
- Forum: Personal Consumer Issues
- Topic: how to disable "See results closer to you?" - Chrome
- Replies: 25
- Views: 1988
Re: how to disable "See results closer to you?" - Chrome
Seems likely that Google rolled out a new money-making feature two weeks ago.
- Wed Mar 13, 2024 9:11 pm
- Forum: Personal Finance (Not Investing)
- Topic: Mental health or Money: navigating the OMY question
- Replies: 48
- Views: 4796
Re: Mental health or Money: navigating the OMY question
Suck it up for 52 more weeks.frugalecon wrote: ↑Thu Mar 07, 2024 12:10 pm The responsible thing is just to suck it up for 52 more weeks (a period during which I will have 63 days of vacation and holidays available to me, plus my 7+ months of accrued sick leave). But mentally I have made the shift and am just done. What would you do in my shoes?
- Wed Mar 13, 2024 6:32 pm
- Forum: Personal Investments
- Topic: What Platforms are DIY Investors Using to Manage Portfolio
- Replies: 26
- Views: 2549
Re: What Platforms are DIY Investors Using to Manage Portfolio
I use Fidelity, Vanguard, and Schwab brokerage accounts for my self-managed portfolio. I don't own mutual funds, only ETFs that I can own anywhere for no cost. It doesn't get any easier or any cheaper than this.
- Wed Mar 13, 2024 6:29 pm
- Forum: Personal Finance (Not Investing)
- Topic: Safe deposit box-have one? What's in there?
- Replies: 115
- Views: 10538
Re: What do you keep in your safe deposit box at bank?
NOTHING. I see no need to have a safe deposit box at a bank. I've never had one in 50 years of banking.
- Wed Mar 13, 2024 6:25 pm
- Forum: Investing - Theory, News & General
- Topic: What is the appeal of Robinhood
- Replies: 85
- Views: 5930
Re: What is the appeal of Robinhood
Probably because it is unintimidating. The whole approach is "you can do it!" It makes inexperienced investors feel empowered. In effect they say "We let you buy crypto, we let you trade options, we give you free money so you can make your first transaction minutes after you create your account, we don't make you sign forbidding legal documents say that you are a sophisticated investor and totally cool with losing more money than you have. If you can work a slot machine, you can work RobinHood." Banks used to resemble Greek temples and communicated a message that money was a serious, solemn business. Now they resemble check-cashing storefronts and communicate a message that banking is informal, goofy fun. Redneck Bank's...
- Wed Mar 13, 2024 6:17 pm
- Forum: Personal Investments
- Topic: Tax loss harvesting and buying like funds
- Replies: 12
- Views: 896
Re: Tax loss harvesting and buying like funds
Just had a zoom meeting with Fido rep. We are expecting a follow up email discussing tax management strategies such as tax loss harvesting. We know and accept that if we sold SPY ETF and bought it back within 30 days that we do not get tax loss harvesting benefits. But what about if we sell SPY when/if the market is down, and then buy something similar like VTI? Can we harvest losses yet capture any move up without market timing? Or does the IRS not allow this based upon moving into a similar fund? Thank you. If allowed, does anyone do this? Regarding your question about tax loss harvesting by selling SPY and then buying something similar like VTI, it's crucial to consult with a tax professional or financial advisor who can provide specifi...
- Wed Mar 13, 2024 6:12 pm
- Forum: Personal Finance (Not Investing)
- Topic: Charles Schwab cannot overnight a replacement debit card
- Replies: 87
- Views: 6104
Re: Charles Schwab cannot overnight a replacement debit card
This is what I do, too.whodidntante wrote: ↑Wed Mar 13, 2024 11:13 am I'm not saying the problem is your fault, but there is a reason that I travel with ATM cards from different issuers. Stuff happens. I also don't carry all of them on me. I've had a bank freak out once and freeze my account for weeks. I won't depend on any one issuer.
- Wed Mar 13, 2024 5:42 pm
- Forum: Personal Investments
- Topic: Vanguard or Fidelity
- Replies: 73
- Views: 6494
Re: Vanguard or Fidelity
Fidelity has a "positions screen". Vanguard makes you go to three different screens to see the same data that is on a single screen at Fidelity (and at Schwab).
- Wed Mar 13, 2024 4:47 pm
- Forum: Personal Investments
- Topic: Practical handling of multiple accounts across multiple institutions?
- Replies: 6
- Views: 727
Re: Practical handling of multiple accounts across multiple institutions?
Use a spreadsheet to aggregate the multiple accounts, and you will be fine.
- Tue Mar 12, 2024 5:46 pm
- Forum: Investing - Theory, News & General
- Topic: ReadOnly Accounts and trading with Advisors
- Replies: 11
- Views: 1244
- Sun Mar 10, 2024 7:22 pm
- Forum: Personal Finance (Not Investing)
- Topic: How Much Cash Do You Keep In Your Home?
- Replies: 207
- Views: 14918
Re: How Much Cash Do You Keep In Your Home?
Yes, invest it immediately.Investor1319 wrote: ↑Sun Mar 10, 2024 4:15 pm the amount in my envelope has reached $3,700.00 and I'm starting to think that I should invest this money in my VTSAX fund
- Sun Mar 10, 2024 7:05 pm
- Forum: Investing - Theory, News & General
- Topic: William Bernstein On the Financial Industry
- Replies: 81
- Views: 9783
Re: William Bernstein On the Financial Industry
Truth.CuriousGeorgeTx wrote: ↑Sun Mar 10, 2024 11:52 am It wasn't that long ago that the Department of Labor proposed a rule that advisors would have to act in the best interests of their clients. The howls from the industry that they could not afford to serve their clients if they couldn't fleece them in the process tells us all we need to know.
- Sun Mar 10, 2024 6:40 pm
- Forum: Investing - Theory, News & General
- Topic: [Should I buy this Samuelson economics textbook?]
- Replies: 16
- Views: 1257
Re: [Should I buy this Samuelson economics textbook?]
I dumped my copy of the 1970 edition into a used book bin several years ago. It was too dated to be of any use. My answer would be not to buy it.
- Sun Mar 10, 2024 6:28 pm
- Forum: Personal Finance (Not Investing)
- Topic: How Much Cash Do You Keep In Your Home?
- Replies: 207
- Views: 14918
Re: How Much Cash Do You Keep In Your Home?
I keep about $300 in cash, $50 in my wallet and $250 in an envelope. I let the $300 decline to about $100 before I replenish it. I hardly ever use cash, so I don't understand why anyone would keep lots of cash around the house.
- Sun Mar 10, 2024 6:08 pm
- Forum: Investing - Theory, News & General
- Topic: Can we expect TBM funds to outperform inflation?
- Replies: 62
- Views: 5113
Re: Can we expect TBM funds to outperform inflation?
I think you already know the answer by the way you phrased the question. By describing your expectation as pessimistic, you are admitting that you are holding a minority view.Kinkajou82 wrote: ↑Sun Mar 10, 2024 5:48 pm I would like this thread to be focused on discussing how reasonable or unreasonable it is to pessimistically expect that nominal bonds underperform inflation, and then the direct consequences of that expectation.
I am a firm believer in nominal bonds and hold several such bond funds. If I wanted additional inflation protection, I would use TIPS, not Series I Bonds.
- Sun Mar 10, 2024 5:48 pm
- Forum: Personal Finance (Not Investing)
- Topic: Helping children young active duty officers
- Replies: 28
- Views: 2469
Re: Helping children young active duty officers
This is wrong. The pay is not low. My daughter graduated from one of the military academies, and she survived quite nicely on an O-1 salary. Soon she became an O-2, and then an O-3, with accompanying pay increases. At no time did she experience financial hardship.
- Sat Mar 09, 2024 2:27 pm
- Forum: Personal Consumer Issues
- Topic: How do you decide air travel priorities? Flight to CDG
- Replies: 38
- Views: 2602
- Tue Mar 05, 2024 9:15 pm
- Forum: Personal Investments
- Topic: Vanguard applied RMD to the wrong year?
- Replies: 11
- Views: 1351
Re: Vanguard applied RMD to the wrong year?
December 29, 2023 was a Friday and was the last trading day of 2023.ancho wrote: ↑Tue Mar 05, 2024 10:26 amThere were various reasons though I’m not sure how that’s helpful in answering my question. Obviously I will leave more lead time in the future after this experience. It never occurred to me that a distribution order placed the morning of Dec 29 would be attributed to the following tax year.
- Mon Mar 04, 2024 5:00 am
- Forum: Personal Investments
- Topic: Cash for options exercise
- Replies: 13
- Views: 1156
Re: Cash for options exercise
It isn't a matter of whether you should or should not exercise the options. The fact is you can't afford it. Case closed.
- Sun Mar 03, 2024 6:37 pm
- Forum: Investing - Theory, News & General
- Topic: Are We in a Stock Market Bubble? (Ray Dalio)
- Replies: 132
- Views: 15402
Re: Are We in a Stock Market Bubble? (Ray Dalio)
I've read every post in this lengthy thread, and nothing I have read has convinced me that I should change anything in my investing strategy. I don't plan to change my AA. I don't plan to change the amounts of my monthly contributions to my portfolio. I haven't changed my opinions about the market. The only thing that has changed is my surprise that certain members of this forum seem bound and determined to convince bogleheads to listen to Dalio.
- Sat Mar 02, 2024 9:05 pm
- Forum: Investing - Theory, News & General
- Topic: Morningstar's ratings for international stock funds are misleading
- Replies: 28
- Views: 2391
Re: Morningstar's ratings for international stock funds are misleading
They do highlight it in the prospectus. Did you read it? I just did. This is an actively managed fund. They are not an index fund.
How is including 16% US equities in this fund to juice returns any different from Vanguard including repos in VUSXX to juice returns?
- Sat Mar 02, 2024 8:28 am
- Forum: Investing - Theory, News & General
- Topic: "Important Changes to Vanguard Total Stock Market Index Fund..."
- Replies: 35
- Views: 6480
Re: What does last years' fund "reorganization" actually mean?
I wonder why each of the five listed funds, all of which are broad-based equity index funds, is being acquired by a different trust.
- Sat Mar 02, 2024 8:19 am
- Forum: Investing - Theory, News & General
- Topic: Are there any special circumstances in which you'd sell or stop DCA-ing?
- Replies: 25
- Views: 2249
Re: Are there any special circumstances in which you'd sell or stop DCA-ing?
I have never employed DCA. I consider DCA to be a deliberate choice to hold back uninvested funds as cash and trickle them into an investment portfolio over a period of time. My regular monthly contributions are not DCA because I immediately invest the entire amount left over after monthly expenses. I hold nothing back.hiddenpower wrote: ↑Thu Feb 29, 2024 3:27 pm To be clear, I'm talking about specifically market timing under rare situations, such as extreme overvaluation like Bogle did, or tumultuous situations like WW3 on the horizon etc. Would you under any circumstances not stay the course and why?
About those rare situations mentioned above.... No, I would not stop my monthly investments, nor would I sell what I have already invested.
- Sat Mar 02, 2024 6:02 am
- Forum: Investing - Theory, News & General
- Topic: The recent surge: stand pat or "sell high?"
- Replies: 54
- Views: 6444
Re: The recent surge: stand pat or "sell high?"
I don't consider it much of a surge. We had a bad year in 2022 followed by a good year in 2023. Count me as one of those who is standing pat.
I never sell high solely for the sake of locking in gains. I only sell to rebalance.
- Sat Mar 02, 2024 5:26 am
- Forum: Personal Finance (Not Investing)
- Topic: How can tell if FDLXX is state tax exempt from 1099-DIV
- Replies: 26
- Views: 1362
Re: How can tell if FDLXX is state tax exempt from 1099-DIV
I think you meant to write VMFXX, not SPAXX.HomeStretch wrote: ↑Sat Mar 02, 2024 4:08 am Vanguard’s Form 1099-DIV’s supplemental pages also include the USGO % for all funds reported except SPAXX (settlement account).
- Thu Feb 29, 2024 5:31 am
- Forum: Personal Finance (Not Investing)
- Topic: Credit card bonus eligibility
- Replies: 8
- Views: 1091
Re: Credit card bonus eligibility
Yes, you should be eligible.
- Wed Feb 28, 2024 7:49 pm
- Forum: Investing - Theory, News & General
- Topic: Do cap-weighted funds strictly align with BH philosophy?
- Replies: 118
- Views: 8903
Re: Do cap-weighted funds strictly align with BH philosophy?
If you really wanted us to be "getting somewhere" you would tell us your alternative.thatbrian wrote: ↑Wed Feb 28, 2024 7:44 pmpascalwager wrote: ↑Wed Feb 28, 2024 7:42 pm If anyone is "playing favorites", it's the Wall Street stock pickers that determine the market proportions in the first place.
Yes.
Now we are getting somewhere.
- Wed Feb 28, 2024 5:23 am
- Forum: Personal Finance (Not Investing)
- Topic: best method to pay taxes balance due
- Replies: 18
- Views: 1635
Re: best method to pay taxes balance due
Electronic payments are faster and safer. Paper checks are simply too risky to use nowadays.
- Tue Feb 27, 2024 5:09 pm
- Forum: Personal Finance (Not Investing)
- Topic: Zelle Questions: safety, speed, uses?
- Replies: 57
- Views: 5492
Re: Zelle Questions: safety, speed, uses?
After using it for several years, I have concluded that:
1. Zelle is safe.
2. Zelle is fast.
3. Zelle can be used for any payment that you would otherwise make by cash, check, PayPal, or Venmo.
Schwab Bank and both of my primary credit unions have Zelle.
1. Zelle is safe.
2. Zelle is fast.
3. Zelle can be used for any payment that you would otherwise make by cash, check, PayPal, or Venmo.
Schwab Bank and both of my primary credit unions have Zelle.
- Mon Feb 26, 2024 10:14 am
- Forum: Personal Investments
- Topic: Why can't I change capital gains elections at Vanguard?
- Replies: 16
- Views: 1802
Re: Why can't I change capital gains elections at Vanguard?
I thought capital gains distributions were a feature of mutual funds, not of ETFs. VTI and VXUS are ETFs and should not have capital gains distributions.
- Mon Feb 26, 2024 6:46 am
- Forum: Personal Finance (Not Investing)
- Topic: Explanatory Statement for 2023 Return
- Replies: 15
- Views: 1721
Re: Explanatory Statement for 2023 Return
It is my understanding that your electronic tax return will be processed electronically by an IRS computer, and no human being will read any explanatory narrative unless you are selected for audit in which case the auditor will read it.
- Sun Feb 25, 2024 11:14 am
- Forum: Personal Investments
- Topic: Heavy Value Tilt Away from Mag 7 stocks
- Replies: 221
- Views: 13743
Re: Heavy Value Tilt Away from Mag 7 stocks
This is not nearly as radical as you implied in your opening post (or in your earlier threads over the past few years).smartinvestor2020 wrote: ↑Sun Feb 25, 2024 10:17 am My asset allocation is balanced with about 65% stocks/ 35% bonds
My value weight / growth weight is about 60% / 40%
I recently moved to this value overweight and intend to stay the course.
I intend to retire in about 5 to 7 years.
- Sat Feb 24, 2024 6:34 am
- Forum: Personal Consumer Issues
- Topic: How do you live healthy?
- Replies: 107
- Views: 8123
Re: How do you live healthy?
Dr. Greger is an internationally recognized expert in nutrition. He is the author of several best-selling books, profits of which are donated to charity. His website does not accept advertising, nor does it sell any vitamins or supplements. Every video is meticulously researched, and the sources he quotes are listed directly below the transcript. Yup, sounds like a pseudoscience to me, just like the round earth society and the 'theory' of evolution. Everything in moderation sounds great, except when you're talking about putting poison like nitrates, TMAO, arsenic, etc. into your body. Here's how Wikipedia describes the medical community's reception of Dr Greger: Greger's third book, Bird Flu: A Virus of Our Own Hatching, received a favorab...
- Sat Feb 24, 2024 5:27 am
- Forum: Personal Investments
- Topic: Heavy Value Tilt Away from Mag 7 stocks
- Replies: 221
- Views: 13743
Re: Heavy Value Tilt Away from Mag 7 stocks
You cited Larry Swedroe's article, but you are choosing not to follow his advice at the end of the article:smartinvestor2020 wrote: ↑Fri Feb 23, 2024 11:53 pm Please see the table in this article on CAPE
https://www.evidenceinvestor.com/the-sh ... -abuse-it/
Does it not show that low starting CAPE predicts higher 10 year returns on average than higher starting CAPE?
you should not use valuations to time the market, shifting allocations toward higher expected returning assets.
- Fri Feb 23, 2024 9:19 pm
- Forum: Personal Investments
- Topic: Heavy Value Tilt Away from Mag 7 stocks
- Replies: 221
- Views: 13743
Re: Heavy Value Tilt Away from Mag 7 stocks
Seriously? Do you have a crystal ball that the rest of us don't have?smartinvestor2020 wrote: ↑Fri Feb 23, 2024 7:14 pm I believe that the stocks that make up the Magnificent 7 (AAPL, MSFT, NVDA, AMZN, GOOGL, TSLA, META) are overvalued and will eventually underperform the market.
- Fri Feb 23, 2024 7:51 pm
- Forum: Investing - Theory, News & General
- Topic: How to balance VTSAX?
- Replies: 22
- Views: 3001
Re: How to balance VTSAX?
VTSAX didn't change. Morningstar changed their label for VTSAX. Ignore Morningstar.