Search found 1537 matches
- Mon Mar 25, 2024 12:48 pm
- Forum: Personal Investments
- Topic: Those complimentary dinners for retirees by investment advisors
- Replies: 137
- Views: 10159
Re: Those complimentary dinners for retirees by investment advisors
But do they keep you there trapped like a timeshare presentation? how does a timeshare presentation keep you trapped? are the doors locked from the outside and you are being held hostage? can you not get up and walk out? have they taken the keys to your car so you can't get away? did they take your phone so you can't call the police if you're being held hostage? you see I'm using hyperbole because words matter. You're not really trapped in a timeshare presentation unless you believe that you are. The mind can create limits at times that don't exist in reality. articpineapplecorp- Have you ever been to a timeshare presentation? You literally are trapped for 90 minutes unless you want to refund Hilton, Westin, or Marriott Vacation clubs for ...
- Thu Mar 21, 2024 8:25 pm
- Forum: Personal Finance (Not Investing)
- Topic: College degree worthwhile for marketing?
- Replies: 124
- Views: 8472
Re: College degree worthwhile for marketing?
^^^ this ^^^gunny2 wrote: ↑Fri Mar 15, 2024 7:25 pm UPDATE: The girl in question really needs to read this (though she might already be aware): https://www.cnn.com/2024/03/15/economy/ ... index.html
If your niece reads the article, and she still wants to pursue real estate, she will most certainly need a Plan B.
- Tue Mar 19, 2024 12:53 pm
- Forum: Personal Finance (Not Investing)
- Topic: How worthwhile is Zillow to estimate home value?
- Replies: 58
- Views: 5237
Re: How worthwhile is Zillow to estimate home value?
For our house, both sites are wrong. We have added 400+ square feet to the house in the past three years. Also, we are on a golf course, so our value is higher than the houses across the street.
A bank appraisal is the best method of valuation and is the only method I trust. These websites are for entertainment purposes only, IMHO.
A bank appraisal is the best method of valuation and is the only method I trust. These websites are for entertainment purposes only, IMHO.
- Sat Mar 16, 2024 8:03 am
- Forum: Investing - Theory, News & General
- Topic: Great news! No more [fixed real estate] agent commission
- Replies: 238
- Views: 22587
Re: Great news! No more agent commission
Agents may appear to do “little work” but they have an array of expenses. Licensure fees, association fees, desk fees, continuing education, insurance, advertising and marketing costs, vehicle maintenance and fuel, and more. It can be a lot of work for little results at times. As others have stated, the part-timers and poor performers will certainly fall by the wayside, but more established agents may also follow suit.ClevrChico wrote: ↑Fri Mar 15, 2024 4:10 pm Ideally this will put pressure on the industry to become much more efficient. It seems crazy to me that such high fees are charged for sometimes so little work.
The industry will certainly change and the consequences may not become immediately apparent.
- Wed Mar 13, 2024 12:41 pm
- Forum: Personal Finance (Not Investing)
- Topic: How Much Cash Do You Keep In Your Home?
- Replies: 207
- Views: 15473
Re: How Much Cash Do You Keep In Your Home?
We keep a small amount in our wallets for emergencies. What I find odd is that when the media reports about large amounts of money found in someone’s house or vehicle, it’s viewed with great suspicion. My grandparents always had 5 figures hidden in the house. They survived the depression and wanted a plan B. They were certainly not up to anything shady.
I believe that maintaining cash at home was far more common before credit card use was socialized, and there certainly is a shift in how cash is used and perceived.
I believe that maintaining cash at home was far more common before credit card use was socialized, and there certainly is a shift in how cash is used and perceived.
- Wed Mar 06, 2024 12:35 pm
- Forum: Personal Investments
- Topic: Fidelity Calls from "Palumbo Wealth Management Team"
- Replies: 37
- Views: 3617
Re: Fidelity Calls from "Palumbo Wealth Management Team"
When I moved to Arizona a few months ago I received a couple of voicemails introducing themselves and asking if there was anything they could do for me. I'm guessing it was triggered by me updating my address. Years ago I had someone from TD Ameritrade constantly call me and I finally told him I didn't appreciate the calls and I don't know any help in managing my account. Later I saw as an apology they gave me 10 free trades in my account (back when they were charging commissions on trades. According to LinkedIn "Joseph Palumbo - Vice President at Fidelity Investments" Easiest first step I would do if it was bothering me is to call Fidelity directly and ask why you are getting them and how you can get removed from any list assumi...
- Tue Feb 27, 2024 3:01 pm
- Forum: Personal Consumer Issues
- Topic: Dental or medical tourism disappointments or near misses
- Replies: 5
- Views: 874
Re: Dental or medical tourism disappointments or near misses
Many Arizonians go to Los Algodones for dentistry. Most have no issues and are content.
I had some work done there about 15 years ago, only to require extensive corrective work later. It ended up being more expensive (and painful) in the long run. I suppose I could go back there if I was without insurance coverage and didn’t need anything complicated.
I had some work done there about 15 years ago, only to require extensive corrective work later. It ended up being more expensive (and painful) in the long run. I suppose I could go back there if I was without insurance coverage and didn’t need anything complicated.
- Tue Feb 27, 2024 2:50 pm
- Forum: Personal Consumer Issues
- Topic: Talk me out of buying a Nissan Armada!
- Replies: 29
- Views: 1985
Re: Talk me out of buying a Nissan Armada!
You could sell your current car and move to a large city where you can either walk or take public transportation.
/
/
- Fri Feb 23, 2024 12:19 pm
- Forum: Personal Consumer Issues
- Topic: How do you live healthy?
- Replies: 107
- Views: 8332
Re: How do you live healthy?
I had to give up coffee and dairy. As a result, I no longer need prilosec and my stomach issues have greatly improved.
- Wed Feb 14, 2024 8:58 pm
- Forum: Personal Consumer Issues
- Topic: Happy Valentine’s Day! What’s your love song?
- Replies: 88
- Views: 4586
Re: Happy Valentine’s Day! What’s your love song?
“You Can Leave Your Hat On” - Joe Cocker
- Fri Feb 09, 2024 8:09 am
- Forum: Personal Investments
- Topic: Income risk & money markets
- Replies: 9
- Views: 797
Re: Income risk & money markets
To me, it means don’t try to time the market!
- Tue Feb 06, 2024 6:41 pm
- Forum: US Chapters
- Topic: Are any BH's not wealthy?
- Replies: 165
- Views: 26448
Re: Are any BH's not wealthy?
Question for Bogleheads: Assuming a 65 year old single lady has saved $1,000,000, most Bogleheads would call her "wealthy." If our lady uses her $1,000,000 to purchase a Single Premium Immediate Annuity (SPIA) from https://www.immediateannuities.com leaving her with a guaranteed lifetime income of $65,928 per month but no cash, is she still "wealthy"? What do you think? Taylor Jack Bogle's Words of Wisdom: "I probably prefer an immediate annuity which starts paying you right away." I’ll take that deal ! And yes 65k/month is wealthy ! In many areas, 65k/year would put you well above the average income of your peers. But 65k/month would definitely put you in high-income status anywhere. :D :moneybag Which brings...
- Sat Feb 03, 2024 7:48 pm
- Forum: Investing - Theory, News & General
- Topic: Three ways that shareholders make money from mutual funds
- Replies: 34
- Views: 1920
Re: Three ways that shareholders make money from mutual funds
Before today, I thought that there are only two ways that shareholders of mutual funds ever make cash money from mutual funds: 1# dividends and 2# distributions from when the shareholder sells his shares himself. Today I learned of a third way that shareholders can get cash money from mutual funds. That third way is when the shareholder receives a cash money payment of a capital gains distribution from when the fund manager sells some of the investments of a mutual fund. When a shareholder receives a cash money payment of a capital gains distribution from when the fund manager sells some of the investments of a mutual fund, the shareholders total assets do not increase at all because the value of the shareholder's mutual funds go down appr...
- Thu Feb 01, 2024 3:44 pm
- Forum: Personal Investments
- Topic: Anyone rebalancing portfolio for 2024?
- Replies: 28
- Views: 4262
Re: Anyone rebalancing portfolio for 2024?
Rebalancing per the asset allocation specified in my IPS.
- Fri Dec 15, 2023 1:44 pm
- Forum: Personal Consumer Issues
- Topic: Buying a home w/o an agent.
- Replies: 63
- Views: 12683
Re: Buying a home w/o an agent.
When I was a Realtor and obtained the ABR, I had to have documentation showing the number of transactions under my belt.billaster wrote: ↑Fri Dec 15, 2023 11:46 amThis ABR® is pure marketing propaganda brought to you by same National Association of Realtor® folks convicted of conspiracy for forcing buyer agents on real estate transactions.DesertDiva wrote: ↑Fri Dec 15, 2023 6:39 am Look for a realtor with an ABR designation — Accredited Buyers Agent.
Spend a few hours for an online course, answer a few questions for an online multiple choice test, pay $110 a year to the NAR® and bingo -- you are an Accredited Buyers Representative® with a registered trademark.
- Fri Dec 15, 2023 7:10 am
- Forum: Personal Consumer Issues
- Topic: Buying a home w/o an agent.
- Replies: 63
- Views: 12683
Re: Buying a home w/o an agent.
BTW, I'm a lawyer and I'd charge a premium to someone who wasn't working with a buyer's agent. (1) Because I'm sure it would end in more work for me, and (2) it suggests a difficult, know-it-all client. But then I don't do real estate closings. Realtors charge 3%. In my budget, that's $20,000. Would your "premium" be greater than $20k? I'm guessing not. In my state, people use lawyers because they aren't using an agent. Most RE lawyers charge between $750-$5k to assist with a transaction and closing. Isn't it 6% total, and the seller pays it from the sales proceeds and then it's split between the buyer and seller agents? I'm not sure how it works in your state, but I didn't think the buyer pays a commission at all. If there's no ...
- Fri Dec 15, 2023 6:39 am
- Forum: Personal Consumer Issues
- Topic: Buying a home w/o an agent.
- Replies: 63
- Views: 12683
Re: Buying a home w/o an agent.
Look for a realtor with an ABR designation — Accredited Buyers Agent.
Another option is to find a high producing agent who has a team working for them. This person exclusively works on listings to keep their name visible in their market. They will likely have a team member who exclusively works with buyers.
Another option is to find a high producing agent who has a team working for them. This person exclusively works on listings to keep their name visible in their market. They will likely have a team member who exclusively works with buyers.
- Thu Dec 14, 2023 1:06 am
- Forum: Personal Consumer Issues
- Topic: Favorite suitcase?
- Replies: 56
- Views: 7708
Re: Favorite suitcase?
+1 for packing cubes!! I won’t travel without them.MustachianBoglehead wrote: ↑Wed Dec 13, 2023 10:32 pm I bought an earlier version of this 10 years ago with a set of packing cubes.
- Sat Sep 16, 2023 11:24 am
- Forum: Personal Consumer Issues
- Topic: Do you need to carry your health insurance card?
- Replies: 75
- Views: 7474
Re: Do you need to carry your health insurance card?
I carry my card because my plan excludes certain health systems in my area. If I’m in an accident, I need to ensure that I’m not sent to those locations.
- Tue Sep 12, 2023 2:20 am
- Forum: Investing - Theory, News & General
- Topic: Inheritance & How It Impacted Your Money Life
- Replies: 216
- Views: 25835
Re: Inheritance & How It Impacted Your Money Life
I never expected an inheritance, so when I was disinherited, I was not disappointed at all.
Peace of mind and contentment? Priceless.
Peace of mind and contentment? Priceless.
- Mon Sep 11, 2023 1:58 pm
- Forum: Personal Investments
- Topic: Daughter and her employees have no 401K plan.
- Replies: 40
- Views: 2902
Re: Daughter and her employees have no 401K plan.
Thanks I read it wrong. Hopefully she can have some input into the process. Employees at large companies often don’t have that luxury.pizzy wrote: ↑Mon Sep 11, 2023 1:39 pmOP's daughter doesn't appear to be self employed. So the employer would still need to establish a SEP plan.DesertDiva wrote: ↑Mon Sep 11, 2023 1:24 pmThe beauty of setting it up herself is that she can choose the available Investment options, instead of having someone else dictate what her choices are. Contributions matter and so do costs.HomeStretch wrote: ↑Mon Sep 11, 2023 1:20 pm While a low-cost 401k plan with match is great to have, how much she saves for retirement is more important than where she saves it.
- Mon Sep 11, 2023 1:24 pm
- Forum: Personal Investments
- Topic: Daughter and her employees have no 401K plan.
- Replies: 40
- Views: 2902
Re: Daughter and her employees have no 401K plan.
The beauty of setting it up herself is that she can choose the available Investment options, instead of having someone else dictate what her choices are. Contributions matter and so do costs.HomeStretch wrote: ↑Mon Sep 11, 2023 1:20 pm While a low-cost 401k plan with match is great to have, how much she saves for retirement is more important than where she saves it.
- Mon Sep 11, 2023 1:21 pm
- Forum: Personal Investments
- Topic: Daughter and her employees have no 401K plan.
- Replies: 40
- Views: 2902
Re: Daughter and her employees have no 401K plan.
Several years ago, I set up a SEP IRA for myself at Fidelity. I noted on the website that they also offer 401(k) plans.
I’m sure that other companies, such as Schwab, may have the same type of information on their website. If she has questions, I’m sure that a customer service representative at any of these firms would be happy to answer them.
I’m sure that other companies, such as Schwab, may have the same type of information on their website. If she has questions, I’m sure that a customer service representative at any of these firms would be happy to answer them.
- Thu Sep 07, 2023 11:00 pm
- Forum: Personal Investments
- Topic: Help Me Convince A Friend This Annuity is Not Good!
- Replies: 121
- Views: 10919
Re: Help Me Convince A Friend This Annuity is Not Good!
Unless he asked for my assessment, I would just wish him well in his future endeavors.
- Thu Sep 07, 2023 10:58 pm
- Forum: Personal Consumer Issues
- Topic: 2024 Honda CRV Hybrid
- Replies: 24
- Views: 11043
Re: 2024 Honda CRV Hybrid
I found local dealers don't have CRV stock -- everything coming in is pre-sold or goes out the door in a couple of days. They want a $1000 non-refundable deposit to order one and wait. Car salesmen are merely order-takers now. One local Toyota dealer has gone to on-line ordering. That seems like a logical thing to do, since you can't TD any new vehicles anyway. This is all just a little too crazy for me. I do note that the expensive brands like Audi, Mercedes, and BMW do have stock and was able to TD a couple of those. Who knew? DH just picked up a 2023 Accord hybrid. There were no CRV’s in stock and the sedans were even in limited supply. I wish he had the CRV as I prefer a liftgate over a trunk. But we do like the Accord—the ride is good...
- Mon Sep 04, 2023 11:33 pm
- Forum: Personal Investments
- Topic: Need investment advice
- Replies: 82
- Views: 7297
Re: Need investment advice
.... You are losing, if you're saving. You're losing from inflation. But, with that said, if I don't save, then I won't have anything for retirement. That's not a good thing either. You don't lose unless you sell out of fear, because at that point you have locked in your losses. Even people who stayed in the market during the Great Depression recovered, although it must have seemed painful at the time. When I see the market drop, I see if I can invest more because then I'm buying at a lower price. Even if the price continues to decline, I still own those shares and I believe that the share price will increase at some point in the future. Concentrate on your goals instead of short-term results. It sounds like you want to have money availabl...
- Mon Sep 04, 2023 3:15 pm
- Forum: Personal Consumer Issues
- Topic: Furniture worth 4-5K
- Replies: 27
- Views: 3015
Re: Furniture worth 4-5K
I bought a gently used leather sectional on craigslist for $1000. Brand new, it was $7000. FWIW, there are other options, but they may take longer to find.
- Fri Sep 01, 2023 3:42 pm
- Forum: Personal Investments
- Topic: Time to buy long-term bond or long-term treasure funds?
- Replies: 47
- Views: 9414
Re: Time to buy long-term bond or long-term treasure funds?
Whether this is a good idea or not has nothing to do with whether the fed has reached it's peak rate. What is your investing time horizon? Behaviorally, are you fine with >20% swings in price in your bonds? What will you do if long term bond prices drop another 30% in the next few years from where they are now? What is your overall asset allocation? How much would unexpected inflation impact your future consumption? ^^ This ^^ Without a long-term plan, you will want to change funds the next time a “promising” fund appears. Bogleheads generally avoid market timing as it doesn’t work. What you should do is develop an Investment Policy Statement and then craft a plan you can follow for the long term and stick to. https://www.bogleheads.org/wi...
- Thu Aug 31, 2023 9:45 pm
- Forum: Personal Consumer Issues
- Topic: "Don't leave home without it" when traveling overseas
- Replies: 58
- Views: 6062
- Thu Aug 31, 2023 6:03 pm
- Forum: Investing - Theory, News & General
- Topic: "Market Timing: Sin a Little" - Cliff Asness, Antti Ilmanen, Thomas Maloney
- Replies: 28
- Views: 3706
Re: Sin a Little
Please read Taylor's link. Stay the course and sin no more.
- Thu Aug 31, 2023 3:17 pm
- Forum: Personal Investments
- Topic: Bonds [Want to move out of bonds]
- Replies: 16
- Views: 1581
Re: Bonds [Want to move out of bonds]
Do you want to move out of bonds because you feel your balance isn’t large enough? If so, can you keep your current asset allocation, and contribute more? Would you be able to work an extra two years?Waterboy26 wrote: ↑Thu Aug 31, 2023 2:30 pm I have 13 years to retirement and am debating about moving out of bonds for the next couple of years. Portfolio is setup 80/20 at the moment and looking at going to 100% for next couple of years. Thoughts?
- Sat Aug 26, 2023 6:21 pm
- Forum: Investing - Theory, News & General
- Topic: Just for fun, what single stock do you think will see huge growth
- Replies: 174
- Views: 27738
Re: Just for fun, what single stock do you think will see huge growth
Ding ding. Ding. Ding. We have a winner!AnnetteLouisan wrote: ↑Sat Aug 26, 2023 5:56 pm The whole point of this site is that it doesn’t matter. You’ll benefit because you buy the index.
- Fri Aug 25, 2023 9:57 am
- Forum: Personal Consumer Issues
- Topic: Bread Baking in Extreme Heat in US
- Replies: 20
- Views: 1089
Re: Bread Baking in Extreme Heat in US
LadyGeek recommended a Pullman pan in a toaster oven.
See: search.php?keywords=Pullman&t=235575&sf=msgonly
See: search.php?keywords=Pullman&t=235575&sf=msgonly
- Wed Aug 23, 2023 10:32 pm
- Forum: Personal Finance (Not Investing)
- Topic: Laid off today. Should I still look to buy a house?
- Replies: 29
- Views: 3605
Re: Laid off today. Should I still look to buy a house?
You must focus on the job search.
Your job is to find a new job and keep your income as uninterrupted as possible. Then everything else will fall into place. Who knows—maybe the mortgage rates will drop when you are ready to buy!
Your job is to find a new job and keep your income as uninterrupted as possible. Then everything else will fall into place. Who knows—maybe the mortgage rates will drop when you are ready to buy!
- Wed Aug 23, 2023 6:18 pm
- Forum: Personal Consumer Issues
- Topic: Cincinnati to Charlotte
- Replies: 28
- Views: 2508
Re: Cincinnati to Charlotte
Have to drive What’s the best way? Go through West Virginia or Tennessee? We did not drive in this part of country Pros and Cons please I am already being warned to be careful around Ohio for speeding.Coming from mountain west driving within 5 mph is considered ok for most part but folks tell me those unwritten rules don’t apply in Ohio. Can't speak to the route as I've never done it, but I live in Ohio (northeast part of the state) and consistently drive 6-7 MPH over the speed limit on 70MPH highways (the turnpike and most non-urban interstates) in NEO and Central Ohio and have never received a ticket or been pulled over with a warning. I remember a media analysis in Ohio, where it was indicated that the police gave a majority of speeding...
- Wed Aug 23, 2023 6:05 pm
- Forum: Personal Investments
- Topic: 100% Equities Because I Don't Understand Any Other Asset Class
- Replies: 73
- Views: 16114
Re: 100% Equities Because I Don't Understand Any Other Asset Class
I was 100% in stocks at one time, until I adopted the three-fund Bogleheads’ approach. Bonds aren’t difficult to understand.
Stocks represent a slice of ownership ( equity position) in a company. Bonds are a debt instrument that a company (or government) uses to raise capital. They are essentially an IOU.
For some good reading on this topic:
* Fernando, Jason (2023). “Bond: Financial Meaning With Examples and How They Are Priced”. Investopedia. https://www.investopedia.com/terms/b/bond.asp
* “The Little Book of Common Sense Investing: The Only Way to Guarantee Your Fair Share of Stock Market Returns” by John C. Bogle, Chapter 14
* “The Bogleheads' Guide to Investing (Second Edition) by Lindauer, Larimore and LeBoeuf, pp. 21-36
Stocks represent a slice of ownership ( equity position) in a company. Bonds are a debt instrument that a company (or government) uses to raise capital. They are essentially an IOU.
For some good reading on this topic:
* Fernando, Jason (2023). “Bond: Financial Meaning With Examples and How They Are Priced”. Investopedia. https://www.investopedia.com/terms/b/bond.asp
* “The Little Book of Common Sense Investing: The Only Way to Guarantee Your Fair Share of Stock Market Returns” by John C. Bogle, Chapter 14
* “The Bogleheads' Guide to Investing (Second Edition) by Lindauer, Larimore and LeBoeuf, pp. 21-36
- Wed Aug 23, 2023 4:41 pm
- Forum: Personal Investments
- Topic: Feeling like the Total Index approach wasn’t the best path
- Replies: 225
- Views: 33399
Re: Feeling like the Total Index approach wasn’t the best path
I feel this thread where the OP was asking why Boglehead's didn't like funds like ARKK that "crushed" index funds. He never came back after ARKK tanked about 80%. https://www.bogleheads.org/forum/viewtopic.php?t=339971 the best part about that thread is the date that was posted. Take a look at ARKK's performance. That date on that post is the absolute APEX of ARKK's performance. Talking about buying high/worst market timing. This post we're in now reminds me of that too. Many have for a long time thought tech was overvalued (and some tech stocks did lose 50% last year though they may have recovered since then) or makes up too big a percentage of the overall market. Yet for unknown reasons (FOMO) the OP wanted to buy into these te...
- Tue Aug 22, 2023 1:05 am
- Forum: Investing - Theory, News & General
- Topic: Bogleheads' Over 85 Equity Position
- Replies: 64
- Views: 9521
Re: Bogleheads' Over 85 Equity Position
Not many 85 year olds would participate here, mainly because this is a place to help prepare for life at 85, not necessarily what you should do to prepare for 105. That's the funny part of participating on this forum I know how to plan for retirement but I have no idea what to do when I reach it. I'm with @rockstar I can't imagine making it to 70 let alone 85 so I'm trying not to think about it much ;) I know of only one guy to make it into his 90s. He passed away last year. I doubt either of my parents will make it to 80. My first roommate died of COVID in his 40s. One of my friends who did mountain rescue died of cancer in her 60s. Living much past 80 seems like a pipe dream. But I should definitely get LTCi sooner than later. Going back...
- Mon Aug 21, 2023 9:19 pm
- Forum: Personal Finance (Not Investing)
- Topic: How to accept payment for a private vehicle sale
- Replies: 148
- Views: 11758
Re: How to accept payment for a private vehicle sale
Another vote for: Meet at the bank. Verify that the cashier’s check or the cash came from the teller’s window.
Otherwise, you don’t know if the check or cash is fake.
If you want to take cash and you don’t meet at the bank, consider getting a counterfeit bill detector pen from your local office supply.
Otherwise, you don’t know if the check or cash is fake.
If you want to take cash and you don’t meet at the bank, consider getting a counterfeit bill detector pen from your local office supply.
- Sun Aug 20, 2023 1:10 pm
- Forum: Personal Consumer Issues
- Topic: Favorite Easy Meal?
- Replies: 127
- Views: 14497
Re: Favorite Easy Meal?
Core an apple, cut it into slices.
Slice some cheese from a block.
Toast some bread and butter it.
Arrange all 3 items on a plate.
Slice some cheese from a block.
Toast some bread and butter it.
Arrange all 3 items on a plate.
- Fri Aug 18, 2023 5:05 pm
- Forum: Personal Finance (Not Investing)
- Topic: Home Insurance during construction
- Replies: 12
- Views: 1201
Re: Home Insurance during construction
That would be a good question for your insurance agent
- Fri Aug 18, 2023 3:18 pm
- Forum: Personal Investments
- Topic: should I sell or should I wait?
- Replies: 30
- Views: 3432
Re: should I sell or should I wait?
Just learn to tune out the noise, and you will be better prepared for the next alleged drop.
- Fri Aug 18, 2023 12:02 pm
- Forum: Personal Finance (Not Investing)
- Topic: [You are Invited] - Food and Finances
- Replies: 28
- Views: 3554
- Thu Aug 17, 2023 9:48 pm
- Forum: Investing - Theory, News & General
- Topic: How much gold should you hold in your portfolio?
- Replies: 195
- Views: 18191
Re: How much gold should you hold in your portfolio?
- Thu Aug 17, 2023 12:08 pm
- Forum: Investing - Theory, News & General
- Topic: ALLEGO
- Replies: 2
- Views: 353
Re: ALLEGO
The vast majority of us avoid stick picking. Try posting on reddit.descathm wrote: ↑Thu Aug 17, 2023 10:56 am Could ALLEGO (ALLG) be a valuable long-term investment proposition (EU based though US traded)?
Profile: https://www.allego.eu/
Summary: https://www.marketscreener.com/quote/st ... 922198/#AL
- Thu Aug 17, 2023 9:59 am
- Forum: Personal Investments
- Topic: Crash predicted - should I temporarily reduce contributions to 403b?
- Replies: 99
- Views: 11633
- Wed Aug 16, 2023 5:59 pm
- Forum: Investing - Theory, News & General
- Topic: How much gold should you hold in your portfolio?
- Replies: 195
- Views: 18191
Re: How much gold should you hold in your portfolio?
… for institutional investors.Fat-Tailed Contagion wrote: ↑Wed Aug 16, 2023 4:56 pm Jack Bogle mentioned 5% allocation as a hedge.
- Wed Aug 16, 2023 10:12 am
- Forum: Personal Finance (Not Investing)
- Topic: Bloomberg Why the rich don’t feel rich.
- Replies: 164
- Views: 18860
Re: Bloomberg Why the rich don’t feel rich.
I see what you did there.CloseEnough wrote: ↑Wed Aug 16, 2023 7:19 amTrue, but "Hairs" does have something to do with one's net worth. The less "Hairs" one has, the greater their net worth.DesertDiva wrote: ↑Tue Aug 15, 2023 5:19 pm“Heirs” have nothing to do with one’s net worth.Wanderingwheelz wrote: ↑Mon Aug 14, 2023 8:32 pmHis heirs would say no, since there’s no principal to pass down...JoMoney wrote: ↑Mon Aug 14, 2023 8:25 pm I'm always curious if people include their retirement accounts in their "net worth"... and if you do, does that mean someone with a pension can include the discounted value of that income stream? If someone is getting a $40k/yr inflation indexed military pension, are they effectively "a millionaire" ?
- Tue Aug 15, 2023 6:38 pm
- Forum: Investing - Theory, News & General
- Topic: How much gold should you hold in your portfolio?
- Replies: 195
- Views: 18191
Re: How much gold should you hold in your portfolio?
Fidelity Total Market Index Fund - 3,956 holdings
Fidelity International Index Fund - 808 holdings
Fidelity Total Bond Fund - 6,572 holdings
= 11,336 holdings
So... if I buy Gold as an investment, I will have 11,337 holdings, with 1 of them in a standalone single asset class (precious metals), which will make me more diversified. Got it!
- Tue Aug 15, 2023 6:06 pm
- Forum: Personal Finance (Not Investing)
- Topic: Bloomberg Why the rich don’t feel rich.
- Replies: 164
- Views: 18860
Re: Bloomberg Why the rich don’t feel rich.
His heirs would say no, since there’s no principal to pass down... “Heirs” have nothing to do with one’s net worth. That statement had to have been written by someone without heirs. There are 9 people listed as heirs in our trust. They have no bearing on our net worth. Your children and their children have had no bearing on your net worth? Perhaps they have lessened it to some extent... :mrgreen: My point is that our assets take care of us. Everyone in our trust is an adult and should ultimately be responsible for their well-being. Anything they may eventually inherit will be a bonus. I grew up with parents who didn't believe they needed to save for retirement because, as one of them said, "our inheritance will be our retirement."...