Search found 7214 matches

by Triple digit golfer
Wed Apr 14, 2021 10:13 pm
Forum: Investing - Theory, News & General
Topic: What’s the problem with dividends?
Replies: 16
Views: 1078

Re: What’s the problem with dividends?

Who finds it undesirable?

I think seeking out dividend paying stocks and expecting higher returns or thinking the source of the returns is superior is where you'll get pushback.
by Triple digit golfer
Wed Apr 14, 2021 6:27 pm
Forum: Personal Finance (Not Investing)
Topic: "Nobody's ever regretted paying off the mortgage."
Replies: 152
Views: 8074

Re: "Nobody's ever regretted paying off the mortgage."

The answer for this specific example is easy. Dave Ramsey is an idiot. I wouldn't be surprised if he didn't know investing will yield a higher rate as he doesn't even understand the difference between roth and traditional accounts. I think this POV ignores behavioral elements. People who are addict...
by Triple digit golfer
Wed Apr 14, 2021 4:09 pm
Forum: Personal Finance (Not Investing)
Topic: "Nobody's ever regretted paying off the mortgage."
Replies: 152
Views: 8074

Re: "Nobody's ever regretted paying off the mortgage."

Has there ever been any 30-year period you DCA'd into the S&P 500 that returned less than 3%? Nope. That's been my thinking too. Guess I was just looking for a gut check. I've been plowing all extra money into my portfolio (which is 80/20) and not investing a dime extra in the mortgage. Seems l...
by Triple digit golfer
Wed Apr 14, 2021 2:06 pm
Forum: Personal Consumer Issues
Topic: Offering position to candidate interviewed 7 months ago
Replies: 22
Views: 1077

Re: Offering position to candidate interviewed 7 months ago

Good thoughts, everybody. I will certainly phrase it as, "the position has opened up again" and it certainly would not be that she needs to re-apply. It would be an offer, contingent of course upon the usual passing of a background check, etc.

Thank you!
by Triple digit golfer
Wed Apr 14, 2021 12:58 pm
Forum: Personal Finance (Not Investing)
Topic: "Nobody's ever regretted paying off the mortgage."
Replies: 152
Views: 8074

Re: "Nobody's ever regretted paying off the mortgage."

I see this argument a lot when people favor paying down their mortgage in place of taxable investing. I know that I am likely to do much better investing, even at 80% stocks and 20% bonds, than the 2.99% that I'm paying on the mortgage. I think this is fairly basic and simple to understand. Will yo...
by Triple digit golfer
Wed Apr 14, 2021 12:53 pm
Forum: Personal Consumer Issues
Topic: Offering position to candidate interviewed 7 months ago
Replies: 22
Views: 1077

Offering position to candidate interviewed 7 months ago

Seven months ago, my department narrowed down our choice for an open position to two candidates. It was a difficult decision, but we ultimately went with Candidate A, who has turned out to be a disaster for various reasons. Why we kept her for 7 months is not important here, but clearly was a mistak...
by Triple digit golfer
Wed Apr 14, 2021 12:48 pm
Forum: Personal Finance (Not Investing)
Topic: "Nobody's ever regretted paying off the mortgage."
Replies: 152
Views: 8074

Re: "Nobody's ever regretted paying off the mortgage."

I do not pay off my mortgage because that would be tying up too much of my net worth into my house. If my $2M house ever becomes an insignificant part of my net worth, I would be happy to pay it off. This is a good point, too. How much is too much? Obviously subjective. Right now our net worth is p...
by Triple digit golfer
Wed Apr 14, 2021 12:38 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 14449
Views: 1111739

Re: U.S. stocks continue to soar!

Yep. BlackRock sees "U.S. small caps geared to an expected cyclical upswing in 2021." Has Blackrock ever made a prediction that turned out to be wrong? Or did you even check that? I have no evidence or data to back this up, but it sure feels to me like the vast majority of forecasts I've ...
by Triple digit golfer
Wed Apr 14, 2021 12:34 pm
Forum: Personal Finance (Not Investing)
Topic: "Nobody's ever regretted paying off the mortgage."
Replies: 152
Views: 8074

Re: "Nobody's ever regretted paying off the mortgage."

I do not pay off my mortgage because that would be tying up too much of my net worth into my house. If my $2M house ever becomes an insignificant part of my net worth, I would be happy to pay it off. This is a good point, too. How much is too much? Obviously subjective. Right now our net worth is p...
by Triple digit golfer
Wed Apr 14, 2021 12:28 pm
Forum: Personal Finance (Not Investing)
Topic: "Nobody's ever regretted paying off the mortgage."
Replies: 152
Views: 8074

Re: "Nobody's ever regretted paying off the mortgage."

For people who view things from a cash-flow perspective paying off a mortgage greatly improves monthly cashflow substantially by eliminating what is for most people by far the largest line item in their monthly budget. There were two overriding reasons for me paying off my mortgage, besides the fac...
by Triple digit golfer
Wed Apr 14, 2021 12:24 pm
Forum: Personal Consumer Issues
Topic: Lawn care question
Replies: 37
Views: 2217

Re: Lawn care question

How large is the lawn? If it is really bad (say >50% weeds) an option is to simply kill off the existing lawn this fall with Round-Up (active ingredient glyphosate, which will kill anything green) and re-seed the lawn. Then, in the spring, make sure you always use a pre-emergent. You can get these i...
by Triple digit golfer
Wed Apr 14, 2021 11:51 am
Forum: Investing - Theory, News & General
Topic: International is in meltdown
Replies: 410
Views: 34794

Re: International is in meltdown

International destroying US today Time to go all in and get out of US completely thanks to this outperformance, Jack Ma said that he doesn’t think US stocks are necessary I get enough diversification from holding the 7397 international companies in VTIAX. They all do business with the US so why do ...
by Triple digit golfer
Wed Apr 14, 2021 11:49 am
Forum: Personal Finance (Not Investing)
Topic: "Nobody's ever regretted paying off the mortgage."
Replies: 152
Views: 8074

"Nobody's ever regretted paying off the mortgage."

I see this argument a lot when people favor paying down their mortgage in place of taxable investing. I also see the argument that you wouldn't take a mortgage on a paid off house to invest. At least, most people wouldn't. So why would you invest rather than pay down the mortgage? This, to me, is a ...
by Triple digit golfer
Wed Apr 14, 2021 7:45 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 14449
Views: 1111739

Re: U.S. stocks continue to soar!

I rather like that term. “Blow-off top”. Like an oil well spewing hundreds of feet in the air. I don’t believe the stock market is there yet. Not even close. Same. This is a wild guess and not actionable. We'll have a bull market for a few years at least. People are ready to spend, travel, eat out ...
by Triple digit golfer
Tue Apr 13, 2021 9:02 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 14449
Views: 1111739

Re: U.S. stocks continue to soar!

NASDAQ and my favorite fruit company are doing some right proper soaring this morning. :sharebeer :moneybag You guys with VOO and SPY -- not so much. :( VOO is up 0.11%. That's an annualized return of around 27%! Edit: And if we assume 0.11% per half hour of trading, that's about an annualized retu...
by Triple digit golfer
Tue Apr 13, 2021 8:05 am
Forum: Personal Investments
Topic: How should I split up my bi-weekly contributions to my IRA?
Replies: 3
Views: 333

Re: How should I split up my bi-weekly contributions to my IRA?

What you are proposing is fewer bonds and more stocks, adding stocks that comprise only a very small percentage of the market. I would not do this. Target date funds are all in one, set it and forget it funds. They are diversified investment portfolios specifically designed NOT to be messed with or ...
by Triple digit golfer
Tue Apr 13, 2021 7:32 am
Forum: Personal Finance (Not Investing)
Topic: Any happy lawyers out there?
Replies: 89
Views: 7733

Re: Any happy lawyers out there?

If you're fascinated with law but don't want to be a lawyer, you're not going to be fulfilled by going to law school and becoming a lawyer. Why not read books on law, watch documentaries, join an internet forum, etc.? You have free time now because you're a teacher and not a lawyer. Use that free ti...
by Triple digit golfer
Mon Apr 12, 2021 1:07 pm
Forum: Investing - Theory, News & General
Topic: International is in meltdown
Replies: 410
Views: 34794

Re: International is in meltdown

I am curious about why international. I still don't like it unless there is a specific reason to invest in it--like I think I will go into emerging markets if the dollar is showing weakness. But just always adding international doesn't make a lot of sense to me; is it just diversification only for ...
by Triple digit golfer
Sun Apr 11, 2021 6:23 pm
Forum: Personal Investments
Topic: Mortgage Payoff vs Taxable Account - What else should I consider?
Replies: 40
Views: 2908

Re: Mortgage Payoff vs Taxable Account - What else should I consider?

I would absolutely not count on equity markets returning anything over such a short time period. If you said 20 years I'd say investing is probably the right thing from purely a financial perspective. An important point that shouldn't be glossed over is your comment about not buying a boat or RV. If...
by Triple digit golfer
Sun Apr 11, 2021 6:05 pm
Forum: Personal Investments
Topic: Simplicity over Small Cap Value
Replies: 85
Views: 5913

Re: Simplicity over Small Cap Value

I could, but I'd be wrong. A total market index fund is neutral. By definition, it holds companies in their market weights. If it is a preference not to do that, so be it. But a total market index fund does not over or under weight any size, style, or sector. Thank you for sharing your point of vie...
by Triple digit golfer
Sat Apr 10, 2021 10:00 am
Forum: Personal Investments
Topic: VWAHX
Replies: 7
Views: 630

Re: VWAHX

I prefer my bonds be investment grade or government bonds. Therefore, I would not use this fund. Just my prerogative, though. I prefer my bonds have a certain level of safety, albeit arbitrary, and this fund doesn't meet that arbitrary level.
by Triple digit golfer
Sat Apr 10, 2021 9:56 am
Forum: Investing - Theory, News & General
Topic: Rebalance frequency
Replies: 39
Views: 2814

Re: Rebalance frequency

Hey Arctic and livesoft! I have a really dumb question. I add new $ every month into my taxable and 401k. I've only been buying bonds the last few months in both. Does this mean I am rebalancing too often? I'm 80/20 stocks/bonds but my bond % is down to 18.5% due to intense upward move stocks have ...
by Triple digit golfer
Sat Apr 10, 2021 9:05 am
Forum: Investing - Theory, News & General
Topic: Rebalance frequency
Replies: 39
Views: 2814

Re: Rebalance frequency

Hey Arctic and livesoft! I have a really dumb question. I add new $ every month into my taxable and 401k. I've only been buying bonds the last few months in both. Does this mean I am rebalancing too often? I'm 80/20 stocks/bonds but my bond % is down to 18.5% due to intense upward move stocks have ...
by Triple digit golfer
Sat Apr 10, 2021 8:09 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 14449
Views: 1111739

Re: U.S. stocks continue to soar!

lostdog wrote: Sat Apr 10, 2021 7:54 am
anoop wrote: Sat Apr 10, 2021 1:08 am overheard produce guys at the grocery store talking tesla stock price.
top
Yep, cashing out now!
by Triple digit golfer
Sat Apr 10, 2021 5:38 am
Forum: Personal Investments
Topic: AA - Too conservative?
Replies: 27
Views: 2682

Re: AA - Too conservative?

I'd stick with 70/30 for several reasons: Presumably you had a reason for 70/30. You are questioning your AA at a market high. If there's a 30% drop and you still think you should hold a higher equity percentage, do it then. You don't need to take a lot of risk. Crunch some numbers and you'll see.
by Triple digit golfer
Sat Apr 10, 2021 5:11 am
Forum: Investing - Theory, News & General
Topic: Rebalance frequency
Replies: 39
Views: 2814

Re: Rebalance frequency

Hey Arctic and livesoft! I have a really dumb question. I add new $ every month into my taxable and 401k. I've only been buying bonds the last few months in both. Does this mean I am rebalancing too often? I'm 80/20 stocks/bonds but my bond % is down to 18.5% due to intense upward move stocks have ...
by Triple digit golfer
Fri Apr 09, 2021 9:52 pm
Forum: Personal Investments
Topic: Mixing Bogle and Ramsey to build my portfolio
Replies: 90
Views: 7817

Re: Mixing Bogle and Ramsey to build my portfolio

I do not think the investment philosophies of Jack Bogle and Dave Ramsey are compatable at all. One is about low cost, simplicity and passive index investing (Bogle), and one is about performance chasing, and active management with high expense ratios and front end loads and kickbacks (Ramsey). Bin...
by Triple digit golfer
Fri Apr 09, 2021 8:14 pm
Forum: Personal Investments
Topic: Mixing Bogle and Ramsey to build my portfolio
Replies: 90
Views: 7817

Re: Mixing Bogle and Ramsey to build my portfolio

The portfolio is fine. That is not a Ramsey portfolio at all. Ramsey has you chasing performance. Ignore his investing advice. I'm not a fan of Ramsey's investing advice, but he does not have you chasing performance. His investment advice is pretty straight forward and consistent and not sure where...
by Triple digit golfer
Fri Apr 09, 2021 8:12 pm
Forum: Personal Investments
Topic: Simplicity over Small Cap Value
Replies: 85
Views: 5913

Re: Simplicity over Small Cap Value

I struggle with understanding what's so "complex" about a few extra tilts or slice 'n dices of low cost funds for such a capable bunch as found here on Bogleheads. Or what's so "hard" about something so "complex" as 5-10 funds vs 3 funds. I mean this place is full of P...
by Triple digit golfer
Fri Apr 09, 2021 6:53 pm
Forum: Personal Investments
Topic: Mixing Bogle and Ramsey to build my portfolio
Replies: 90
Views: 7817

Re: Mixing Bogle and Ramsey to build my portfolio

The portfolio is fine. That is not a Ramsey portfolio at all. Ramsey has you chasing performance. Ignore his investing advice. I'm not a fan of Ramsey's investing advice, but he does not have you chasing performance. His investment advice is pretty straight forward and consistent and not sure where...
by Triple digit golfer
Fri Apr 09, 2021 1:11 pm
Forum: Personal Investments
Topic: Mixing Bogle and Ramsey to build my portfolio
Replies: 90
Views: 7817

Re: Mixing Bogle and Ramsey to build my portfolio

The portfolio is fine. That is not a Ramsey portfolio at all. Ramsey has you chasing performance. Ignore his investing advice.
by Triple digit golfer
Fri Apr 09, 2021 1:09 pm
Forum: Investing - Theory, News & General
Topic: CNBC headline - does it serve as a contrarian indicator
Replies: 7
Views: 1483

Re: CNBC headline - does it serve as a contrarian indicator

If it turns out in hindsight to be a contrarian indicator, it is pure coincidence.

I always assume that "news" like that has no bearing on what will happen and is no better than a coin flip.
by Triple digit golfer
Fri Apr 09, 2021 10:09 am
Forum: Personal Investments
Topic: How to lose the desire of outperforming the market?
Replies: 112
Views: 7055

Re: How to lose the desire of outperforming the market?

I, stupidly, did a stock picking to outperform market but ended up losing money. Reaized that I suck at stock picking and decided to stick with s&p. Most of us did the exact same thing. Thanks to this forum, I did not. I have never invested a dime in an individual stock or actively managed fund...
by Triple digit golfer
Fri Apr 09, 2021 3:00 am
Forum: Personal Finance (Not Investing)
Topic: 401k highly compensated employee issue
Replies: 4
Views: 770

Re: 401k highly compensated employee issue

Nothing you can do for this refund now. This will be a 2021 tax event if the refund occurred a month ago. You should get a 1099-R after the end of the year.

I have the same issue every year. Our plan is not a safe harbor plan because the match isn't high enough, from what I understand.
by Triple digit golfer
Thu Apr 08, 2021 2:39 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 14449
Views: 1111739

Re: U.S. stocks continue to soar!

Perma-Bull Jeremy Siegel- 30% up before a pull back. https://www.cnbc.com/2021/04/08/jeremy-siegel-says-stock-market-could-go-up-30percent-before-boom-ends.html We haven't seen Forester predictions lately. No need. We all know there's no way SP500 breaks through 4100! :mrgreen: Soooo close! :o Look...
by Triple digit golfer
Thu Apr 08, 2021 8:20 am
Forum: Investing - Theory, News & General
Topic: The Three-Fund Portfolio
Replies: 3212
Views: 1991212

Re: The Three-Fund Portfolio

Just came across a little bit of unexpected cashflow ($XX,XXX). I want to buy VTWAX in taxable with it (as part of my overall allocation). Reasons: - I know I won't touch it. If I buy VT, I might do something like sell covered calls, etc. due to current valuations. - I love the idea of not having t...
by Triple digit golfer
Wed Apr 07, 2021 8:54 pm
Forum: Personal Investments
Topic: Simplicity over Small Cap Value
Replies: 85
Views: 5913

Re: Simplicity over Small Cap Value

timboktoo wrote: Wed Apr 07, 2021 8:31 pmEventually, I stopped asking myself what the best portfolio was. Instead, I asked myself what portfolio I'd be most likely to be able to Stay The Course with. I decided on a simple three fund portfolio. I'm glad I did. I barely think about it anymore.
Bingo!
by Triple digit golfer
Wed Apr 07, 2021 8:30 pm
Forum: Personal Investments
Topic: Simplicity over Small Cap Value
Replies: 85
Views: 5913

Re: Simplicity over Small Cap Value

I struggle with understanding what's so "complex" about a few extra tilts or slice 'n dices of low cost funds for such a capable bunch as found here on Bogleheads. Or what's so "hard" about something so "complex" as 5-10 funds vs 3 funds. I mean this place is full of P...
by Triple digit golfer
Wed Apr 07, 2021 7:37 pm
Forum: Personal Investments
Topic: Family with 4 little humans: chances of retiring/financial independence
Replies: 70
Views: 7062

Re: Family with 4 little humans: chances of retiring/financial independence

You're saving about 28% of gross. Don't worry about it. Just keep saving. Good things will happen with that savings rate.
by Triple digit golfer
Wed Apr 07, 2021 7:31 pm
Forum: Personal Investments
Topic: Simplicity over Small Cap Value
Replies: 85
Views: 5913

Re: Simplicity over Small Cap Value

Simplicity. And don't mistake that for "inferior."
by Triple digit golfer
Wed Apr 07, 2021 10:30 am
Forum: Personal Consumer Issues
Topic: The $2000-$4000 Car :) This made me wealthy so jump on board
Replies: 258
Views: 18618

Re: The $2000-$4000 Car :) This made me wealthy so jump on board

I've always loosely figured that you divide the new cost by 200,000 miles (assumed life of car), and that is the cost per mile new. So a $25,000 new car will cost $0.125 per mile, so if I can get a used car with 150,000 miles for less than $6,250, it is equivalent before factoring in maintenance, wh...
by Triple digit golfer
Wed Apr 07, 2021 9:59 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 14449
Views: 1111739

Re: U.S. stocks continue to soar!

I have a confession to make: I panicked yesterday because of these all time highs. Liquidated my entire 401k, including my “fun money” positions, and put it all back into Wellesley, which is where it all was until about 9 months ago. Now I don’t need to watch it gyrate. Seems like you came out ahea...
by Triple digit golfer
Tue Apr 06, 2021 8:46 pm
Forum: Personal Finance (Not Investing)
Topic: Staying at a company after giving notice? (counter-offer)
Replies: 58
Views: 5821

Re: Staying at a company after giving notice? (counter-offer)

This is so very company and leader specific. For some companies and leaders, even considering leaving Megacorp is a unimaginable betrayal. Accepting the counteroffer is just buying time for them to train your replacement and replace you. For other companies, it’s “touché and congratulations” and “I...
by Triple digit golfer
Tue Apr 06, 2021 8:29 pm
Forum: Personal Finance (Not Investing)
Topic: Staying at a company after giving notice? (counter-offer)
Replies: 58
Views: 5821

Re: Staying at a company after giving notice? (counter-offer)

You have to have a good grasp on how valuable you are and how much they like you and how this will impact you long term. You received two offers, so clearly you're employable. If you make it clear you're now happy with promotion and pay increase, I doubt they'll try to backfill, given that it'sa pai...
by Triple digit golfer
Tue Apr 06, 2021 6:34 pm
Forum: Personal Investments
Topic: Anxiety/Overthinking
Replies: 35
Views: 2722

Re: Anxiety/Overthinking

If you have anxiety and worry a lot, then you are, in my opinion, an absolutely perfect candidate for either a target retirement fund or Vanguard Total World (VT or VTWAX). No rebalancing needed, no thinking, no worrying if you are lagging the market. You simply own significantly all the publicly tr...
by Triple digit golfer
Tue Apr 06, 2021 1:58 pm
Forum: Investing - Theory, News & General
Topic: The Emotional Side of Investing
Replies: 28
Views: 2610

Re: The Emotional Side of Investing

Bad decision: Feels awful.

Good decision: Feels like I did was I was supposed to do.

The bad feels 10x badder than the good feels good.
by Triple digit golfer
Tue Apr 06, 2021 1:56 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 14449
Views: 1111739

Re: U.S. stocks continue to soar!

watchnerd wrote: Tue Apr 06, 2021 1:37 pm
Triple digit golfer wrote: Tue Apr 06, 2021 1:34 pm
I'm just talking about the literal S&P 500 price index, not any specific funds. If that hits 8000, it's 7.8% a year, but that number excludes dividends.
That's more of a stretch, then.
Wow, only 4.7% nominal, so they're predicting real returns at 3% or less over a decade. Yikes.
by Triple digit golfer
Tue Apr 06, 2021 1:34 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 14449
Views: 1111739

Re: U.S. stocks continue to soar!

Add dividends and it's probably more like a total return of 9.5% nominal and 7% real. I would be very happy to get those returns over the next decade. Tops down to hit a completely arbitrary SP 8000 goal, it would include dividends already, at least if we're counting the funds people actually inves...
by Triple digit golfer
Tue Apr 06, 2021 12:59 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 14449
Views: 1111739

Re: U.S. stocks continue to soar!

Post this here for my own record. About to turn 46. Will quit work at 55 or S&P 8000 (copying Homerj a little), whichever is first. :happy 10YR breakeven inflation is 2.36%, which gets you to S&P 5000 in 9 years alone. 8000 in 9 years is 7.8%, nominal, CAGR. Backing out inflation that gets ...