Search found 7229 matches

by Triple digit golfer
Fri Apr 16, 2021 9:12 am
Forum: Personal Investments
Topic: VBTLX - help me understand how much income it provides
Replies: 5
Views: 539

Re: VBTLX - help me understand how much income it provides

The income return is income distributions. The capital return is a gain (or loss, if negative) in the share price. If you invest $10,000 at $10 per share, you own 1,000 shares. If the income return is 2% and capital return is 5%, you'd have a total return of 7% and the share price would now be $10.5...
by Triple digit golfer
Fri Apr 16, 2021 6:19 am
Forum: Personal Finance (Not Investing)
Topic: "Nobody's ever regretted paying off the mortgage."
Replies: 290
Views: 18268

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

Every so often, when I look at my mortgage balance, I get tempted to direct some new money there instead of to taxable investments. However, I know that I am seeing one side of the balance sheet, the mortgage liability, and taking for granted the larger opposite side, the assets I've built up in my...
by Triple digit golfer
Thu Apr 15, 2021 5:18 pm
Forum: Investing - Theory, News & General
Topic: There’s a single New Jersey deli doing $35,000 in sales valued at $100 million in the stock market
Replies: 58
Views: 5768

Re: There’s a single New Jersey deli doing $35,000 in sales valued at $100 million in the stock market

Seems like a great reason to own a diversified mutual fund or ETF and not be concentrated in or care about individual stocks or their performance.
by Triple digit golfer
Thu Apr 15, 2021 4:02 pm
Forum: Investing - Theory, News & General
Topic: The 4% Rule - Simplified?
Replies: 19
Views: 1524

Re: The 4% Rule - Simplified?

I think you're mistaken. The 4% rule assumes not the same amount each year, but the initial 4% increased for inflation in subsequent years. It also assumes that you can be reasonably certain not to run out of money before 30 years.
by Triple digit golfer
Thu Apr 15, 2021 3:35 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 14613
Views: 1122072

Re: U.S. stocks continue to soar!

Lostdog is squatting 5 plates for reps lately.
by Triple digit golfer
Thu Apr 15, 2021 3:29 pm
Forum: Investing - Theory, News & General
Topic: Why Does Anyone Listen To Paul Merriman?
Replies: 76
Views: 6704

Re: Why Does Anyone Listen To Paul Merriman?

Since all the way back to 2015? My goodness, a 6 year period of underperformance? Show me where Merriman has recommended this portfolio for a 6 year time frame. This is designed to be a long-term portfolio. Think 30 years. I don't even follow Merriman and am a strong believer in the 3 fund portfolio...
by Triple digit golfer
Thu Apr 15, 2021 3:18 pm
Forum: Investing - Theory, News & General
Topic: I Bonds variable rate @ 3.54% in May
Replies: 60
Views: 7126

Re: I Bonds variable rate @ 3.54% in May

Somebody explain it to me like I'm 5. What does this mean? If I buy $10,000 in I Bonds on May 1, I'll earn 3.54% + the fixed rate of 0%, presumably, for a total annual return of 3.54%? And how often is that variable rate adjusted? Every 6 months So buying right now, with a fixed rate of 0%, assures...
by Triple digit golfer
Thu Apr 15, 2021 2:35 pm
Forum: Investing - Theory, News & General
Topic: I Bonds variable rate @ 3.54% in May
Replies: 60
Views: 7126

Re: I Bonds variable rate @ 3.54% in May

Somebody explain it to me like I'm 5. What does this mean? If I buy $10,000 in I Bonds on May 1, I'll earn 3.54% + the fixed rate of 0%, presumably, for a total annual return of 3.54%? And how often is that variable rate adjusted? Every 6 months So buying right now, with a fixed rate of 0%, assures...
by Triple digit golfer
Thu Apr 15, 2021 2:34 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 14613
Views: 1122072

Re: U.S. stocks continue to soar!

Can someone post the annualized gain for today? You mean just annualize today's gain? 1.0097^252 = 11.4 or 11,400%. :beer Generally you subtract 1 from that. But that won't be as a big of a number :P I'm a party pooper. Also, 10.4 is 1040%. Correct, 1,040%. I'll still take it, party pooper!
by Triple digit golfer
Thu Apr 15, 2021 2:24 pm
Forum: Investing - Theory, News & General
Topic: I Bonds variable rate @ 3.54% in May
Replies: 60
Views: 7126

Re: I Bonds variable rate @ 3.54% in May

Somebody explain it to me like I'm 5. What does this mean? If I buy $10,000 in I Bonds on May 1, I'll earn 3.54% + the fixed rate of 0%, presumably, for a total annual return of 3.54%? And how often is that variable rate adjusted?
by Triple digit golfer
Thu Apr 15, 2021 2:22 pm
Forum: Personal Finance (Not Investing)
Topic: "Nobody's ever regretted paying off the mortgage."
Replies: 290
Views: 18268

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
Thu Apr 15, 2021 12:20 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 14613
Views: 1122072

Re: U.S. stocks continue to soar!

watchnerd wrote: Thu Apr 15, 2021 12:19 pm
Triple digit golfer wrote: Thu Apr 15, 2021 10:06 am Making $10k a day in my portfolio is getting old real fast.
I know it may seem tiring and far away now, but someday your portfolio will grow to have daily respectable dollar gains.

:wink: :beer
You stop it.
by Triple digit golfer
Thu Apr 15, 2021 10:35 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 14613
Views: 1122072

Re: U.S. stocks continue to soar!

Making $10k a day in my portfolio is getting old real fast. Remember last March when we couldn't handle seeing the dread, end of world and sell comments in the free fall thread? You and I both had to move over to the Calm thread. We're getting rewarded for holding last March. I'll take it. :beer Ye...
by Triple digit golfer
Thu Apr 15, 2021 10:23 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 14613
Views: 1122072

Re: U.S. stocks continue to soar!

Making $10k a day in my portfolio is getting old real fast. Remember last March when we couldn't handle seeing the dread, end of world and sell comments in the free fall thread? You and I both had to move over to the Calm thread. We're getting rewarded for holding last March. I'll take it. :beer Ye...
by Triple digit golfer
Thu Apr 15, 2021 10:06 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 14613
Views: 1122072

Re: U.S. stocks continue to soar!

Making $10k a day in my portfolio is getting old real fast.
by Triple digit golfer
Wed Apr 14, 2021 10:13 pm
Forum: Investing - Theory, News & General
Topic: What’s the problem with dividends?
Replies: 208
Views: 10546

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: 290
Views: 18268

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: 290
Views: 18268

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: 1172

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: 290
Views: 18268

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: 1172

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: 290
Views: 18268

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: 14613
Views: 1122072

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: 290
Views: 18268

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: 290
Views: 18268

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: 38
Views: 2648

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: 35160

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: 290
Views: 18268

"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: 14613
Views: 1122072

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: 14613
Views: 1122072

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: 339

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: 105
Views: 9128

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: 35160

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: 2940

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: 5953

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: 637

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: 2825

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: 2825

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: 14613
Views: 1122072

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: 2700

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: 2825

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: 7863

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: 7863

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: 5953

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: 7863

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: 7863

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: 1487

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: 7124

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: 771

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: 14613
Views: 1122072

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...