Search found 156 matches

by TNWoods
Fri Apr 16, 2021 2:28 pm
Forum: Personal Finance (Not Investing)
Topic: Spend down cash to bridge to social security?
Replies: 21
Views: 2245

Re: Spend down cash to bridge to social security?

It depends on how large the 401K is. If you have over a half million in the 401K then you will want to spend to at least the top of the 12% bracket (about $53,000 if filing single) from the 401K to prevent even larger RMDs in the future. If the 401K is small, then spending the cash is fine. I would...
by TNWoods
Fri Apr 16, 2021 2:24 pm
Forum: Personal Consumer Issues
Topic: Please suggest a docuseries to watch
Replies: 24
Views: 1864

Re: Please suggest a docuseries to watch

count damoney wrote: Fri Apr 16, 2021 1:01 pm Don't F**k with cats - Netflix
Was going to recommend this one if no one else had.

TNWoods
by TNWoods
Fri Apr 16, 2021 8:45 am
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: 5998

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

Water wrote: Thu Apr 15, 2021 6:00 pm From my view, the article has an erogenous intent.
Who doesn't love money?

TNWoods
by TNWoods
Tue Apr 13, 2021 10:43 am
Forum: Personal Consumer Issues
Topic: 10+ year old used cars?
Replies: 60
Views: 4285

Re: 10+ year old used cars?

3 years ago today I bought a 2006 Tacoma Pre-Runner with 54,000 miles, so 12 years and low mileage. The used Jeep Cherokee I bought before that one was also over 10 years old, and had around 57,000 when I bought it. That's around the limit I set when shopping, 10 years, give or take, and under 60,00...
by TNWoods
Wed Mar 24, 2021 9:10 pm
Forum: Personal Investments
Topic: Transferring entire 500k taxable account to Bitcoin?
Replies: 169
Views: 9731

Re: Transferring entire 500k taxable account to Bitcoin?

Randy Quaid? That you?

TNWoods
by TNWoods
Wed Mar 24, 2021 6:26 pm
Forum: Personal Investments
Topic: Bought Canadian bitcoin ETF (BTCX.U) in a Roth, bad or good idea?
Replies: 13
Views: 668

Re: Bought Canadian bitcoin ETF (BTCX.U) in a Roth, bad or good idea?

And I still don't understand what "investment aspect" is referring to ... Fuzzy... I believe he is using the term in place of "speculate", as many do. I think he means he is interested only in buy-and-hold, ("HODL"), and not interested in using BTC for purchasing goods...
by TNWoods
Wed Mar 24, 2021 6:21 pm
Forum: Personal Investments
Topic: Bought Canadian bitcoin ETF (BTCX.U) in a Roth, bad or good idea?
Replies: 13
Views: 668

Re: Bought Canadian bitcoin ETF (BTCX.U) in a Roth, bad or good idea?

An advantage over buying directly is that you have no need to worry about wallets and passwords and private keys. We've all heard about people who have significant BTC but can't access it, or literally physically lost it. So, yes, this is a good way to speculate in BTC without having to worry about ...
by TNWoods
Sat Mar 20, 2021 9:18 am
Forum: Investing - Theory, News & General
Topic: Logical fallacies on Bogleheads
Replies: 23
Views: 1947

Re: Logical fallacies on Bogleheads

False Dichotomy and Strawman are the two that crop up most often, in my opinion. Another thing that you'll find in very many threads is that respondents simply ignore the question asked, and demand to know why the poster wants to ask such a dumb question in the first place. Or they will ignore the q...
by TNWoods
Thu Feb 11, 2021 9:34 am
Forum: Personal Investments
Topic: Incorporating Crypto into a semiretirement portofolio.
Replies: 21
Views: 1993

Re: Incorporating Crypto into a semiretirement portofolio.

Calculate what your initial crypto outlay would be worth if you had done something all these boglehead purists would have approved, like buying VTSAX or VTIAX, or whatever. Sell enough crypto to have the initial outlay plus double the return plus enough to pay the cap gains tax, and put it into your...
by TNWoods
Tue Feb 09, 2021 7:54 am
Forum: US Chapters
Topic: Why A Good Boglehead Must Leave The Bogleheads Forum
Replies: 180
Views: 18384

Re: Why A Good Boglehead Must Leave The Bogleheads Forum

Should there be an "Active Investing, Speculation, and Gambling" forum where all that stuff should go? Yes. The "5% Forum". Or the "Funny Money" forum. And the mods can simply instantly delete all the self-righteous fanatical zealot posts so that people can have an int...
by TNWoods
Thu Jan 28, 2021 12:58 pm
Forum: Personal Finance (Not Investing)
Topic: will being in high credit card debt hurt my credit score or have other negative impact?
Replies: 20
Views: 1291

Re: will being in high credit card debt hurt my credit score or have other negative impact?

My first instinct was "No, if you make payments on time, that's what they want to see." But I googled and found that was true, but there's a 2nd consideration that may harm your score: from Google: First, the good news. The amount of your last payment is listed on your credit report, but c...
by TNWoods
Wed Jan 27, 2021 3:33 pm
Forum: Forum Issues and Administration
Topic: Why not add a "like" button to Boglehead posts?
Replies: 327
Views: 47375

Re: Why not add a "like" button to Boglehead posts?

pennstater2005 wrote: Thu Dec 20, 2012 5:23 pm Please no like button. I'm not 12.
Great post!

TNWoods
by TNWoods
Tue Jan 26, 2021 3:07 pm
Forum: Personal Investments
Topic: I just bought individual stocks and a lot of them.
Replies: 218
Views: 17133

Re: I just bought individual stocks and a lot of them.

And Jack posted here quite a few times when he was alive. He was never "lambasted" nor called a market-timer (although I'm guessing you would have called him out if you had been here at the time) I looked it up, he posted here 20 times. User name jack bogle. He joined January 7, 2009 and ...
by TNWoods
Tue Jan 26, 2021 12:36 pm
Forum: Personal Investments
Topic: Buy silver bullion near cost
Replies: 8
Views: 799

Re: Buy silver bullion near cost

Before you start buying large quantities, buy an ounce. Note that they probably charge you full spot price, possibly more. Then, the next day, go back to the same place and sell it back to them. Note how much of a discount you get compared to what you paid. There are more enjoyable ways to lose mone...
by TNWoods
Tue Jan 26, 2021 10:11 am
Forum: Personal Finance (Not Investing)
Topic: Talk me out of buying a Porsche 911 as an investment....
Replies: 103
Views: 7132

Re: Talk me out of buying a car as an investment....

Buy it. Drive it, love it, show it off at Friday night car enthusiast gatherings in supermarket parking lots in your area, enjoy it. If it eventually goes up in value, great. If it stays the same, great. If it goes down, who cares? It won't go to zero. The amount you are spending on it is not enough...
by TNWoods
Mon Jan 25, 2021 5:51 pm
Forum: Personal Investments
Topic: Looking for Advice on changing course
Replies: 41
Views: 2791

Re: Looking for Advice on changing course

Compare it to VTSAX, Total US Stock Market index, or VFIAX, S&P 500 index.

If yours is better, congrats, you beat the market.

Those two are good enough comparisons for you to get an answer to your question.

TNWoods
by TNWoods
Mon Jan 25, 2021 1:02 pm
Forum: Personal Investments
Topic: Individual stocks? Hear me out.
Replies: 61
Views: 3797

Re: Individual stocks? Hear me out.

John C. Bogle has suggested that if you cannot resist the idea of devoting some "funny money" to speculation, it is OK if you a) literally keep it in a separate account from your "serious money," and that you b) limit it to 5% of your portfolio. The idea is always that if you li...
by TNWoods
Sat Jan 23, 2021 10:59 am
Forum: Personal Consumer Issues
Topic: Best State and National Parks in the Southeast
Replies: 54
Views: 3965

Re: Best State and National Parks in the Southeast

Anastasia Island with walks on the beach, & day trips into St Augustine is nice.

TNWoods
by TNWoods
Fri Jan 22, 2021 6:00 pm
Forum: Personal Consumer Issues
Topic: Engagement Ring
Replies: 140
Views: 7915

Re: Engagement Ring

Michael Scott wrote:
You know what they say: "three years' salary."

by TNWoods
Mon Jan 18, 2021 4:37 pm
Forum: Investing - Theory, News & General
Topic: Tracking my ARK / Bitcoin - non-Boglehead portfolio
Replies: 181
Views: 15930

Re: Tracking my ARK / Bitcoin - non-Boglehead portfolio

Essentially the risk analysis I'm doing on crypto is this. There is a 2% chance I lose 100% of what I invest in Cryptocurrency. There is a 25% chance that end of year price is half the price at the start of 2020. There is a 30% chance crypto stays stagnant in the range in which I purchase. 0% retur...
by TNWoods
Wed Jan 13, 2021 12:02 pm
Forum: Personal Consumer Issues
Topic: Flipped out on Home Depot employee
Replies: 44
Views: 2758

Re: Flipped out on Home Depot employee

https://www.amazon.com/Mustaches-Adhesi ... B073VPGW42

This is what I use when I do that.

TNWoods
by TNWoods
Tue Jan 12, 2021 2:57 pm
Forum: Personal Consumer Issues
Topic: How to do the Boundary Waters?
Replies: 30
Views: 3000

Re: How to do the Boundary Waters?

When I and some friends did this years ago in the Quetico Boundary area, the rules were that you can't stay at the same site more than one night, and you have to follow the route that they tell you to follow. ("They" were the Canadians doing border crossing control.) They would send groups...
by TNWoods
Thu Jan 07, 2021 4:02 pm
Forum: Investing - Theory, News & General
Topic: Why isn't every indexer investing in small cap value index funds?
Replies: 372
Views: 35270

Re: Why isn't every indexer investing in small cap value index funds?

The academic studies and French-Fama model prove that investing in small cap value provides better returns. So what is the reason why every indexer doesn't do it? I personally want to convert my entire world cap stock index to small cap value index, because studies prove it has provided better retu...
by TNWoods
Thu Dec 31, 2020 9:46 am
Forum: Investing - Theory, News & General
Topic: What are you up YTD? [Year To Date]
Replies: 3500
Views: 582782

Re: What are you up YTD? [Year To Date]

Up 44%, not including contributions.

But that does include the returns on those contributions.

As you can see, I have some non-Boglehead-approved investments, and I will continue to have until such a time as their performance indicates it is time to come in from the cold.

TNWoods
by TNWoods
Wed Dec 30, 2020 1:02 pm
Forum: Investing - Theory, News & General
Topic: 2020 Hedge Fund contest
Replies: 306
Views: 27204

Re: 2020 Hedge Fund contest

MMLC3's "2020 Vision Fund" should be declared the clear winner, since they picked 3 long and 2 short, and nailed it.

Those 5 for 5 with such strong results for each one is much more impressive than 1 for 1, or any of the rest of us.

TNWoods
by TNWoods
Fri Dec 25, 2020 4:52 pm
Forum: Personal Consumer Issues
Topic: Word Solver Programs / Apps
Replies: 15
Views: 976

Re: Word Solver Programs / Apps

If you could post a picture of more of the document with other words that can be read, it might help "train" the eye to interpret these letters a bit.

TNWoods
by TNWoods
Wed Dec 23, 2020 4:14 pm
Forum: Personal Consumer Issues
Topic: Found employee ID/Access badge from former employer 1 year later
Replies: 28
Views: 2400

Re: Found employee ID/Access badge from former employer 1 year later

Kagord wrote: Wed Dec 23, 2020 3:08 pm Did someone actually post about Badges? We ain’t got no badges. We don’t need no badges. I don’t have to show you any stinking badges.
The full original!

You must be old!

TNWoods
by TNWoods
Tue Dec 22, 2020 2:54 pm
Forum: Forum Issues and Administration
Topic: Using Acronyms
Replies: 36
Views: 1729

Re: Am I the only non-fan of FOOUA?

ICCL. Just saying. I know the International Committee on Computational Linguistics should really regulate this stuff If not the next thing we know, we will have new words and expressions. The English language has not changed for 2000 years. We must protect it. We might have some French words in the...
by TNWoods
Tue Dec 22, 2020 2:27 pm
Forum: Forum Issues and Administration
Topic: Using Acronyms
Replies: 36
Views: 1729

Re: Am I the only non-fan of FOOUA?

OP, ITA. OYCFOWTOPMBISAPITA. TNWoods "Or you can find out what the OP means by internet searching although pain in the ass." (I think I'm close :D ) The correct answer was "Often you can figure out what the OP means, but its still a pain in the ass," but I've consulted with the ...
by TNWoods
Tue Dec 22, 2020 2:09 pm
Forum: Forum Issues and Administration
Topic: Using Acronyms
Replies: 36
Views: 1729

Re: Am I the only non-fan of FOOUA?

OP,

ITA.

OYCFOWTOPMBISAPITA.

TNWoods
by TNWoods
Sat Dec 19, 2020 2:31 pm
Forum: Investing - Theory, News & General
Topic: Why do we even need a fund to track the market?
Replies: 105
Views: 6351

Re: Why do we even need a fund to track the market?

<r><QUOTE author="Raymond" post_id="5669372" time="1608354235" user_id="36163"><s>[quote=Raymond post_id=5669372 time=1608354235 user_id=36163]</s> <QUOTE author="MarkRoulo" post_id="5669104" time="1608343295" user_id="99974"><s>[quote=MarkRoulo post_id=5669104 time=1608343295 user_id=99974]</s> <QU...
by TNWoods
Fri Dec 18, 2020 1:41 pm
Forum: Investing - Theory, News & General
Topic: Why do we even need a fund to track the market?
Replies: 105
Views: 6351

Re: Why do we even need a fund to track the market?

This would have been a good post in 104 days.

TNWoods
by TNWoods
Sun Nov 08, 2020 11:17 am
Forum: Personal Finance (Not Investing)
Topic: anyone live on a 'private' road? splitting up costs question
Replies: 59
Views: 4461

Re: anyone live on a 'private' road? splitting up costs question

I would recommend that 50% of the cost be split equally, and 50% be split using the proportional distance formula. It is true that the economy of scale factor comes into play, and "A" is benefitting mightily, as finite_difference says. What if "A" had no neighbors at all on that ...
by TNWoods
Sun Nov 01, 2020 10:13 am
Forum: Investing - Theory, News & General
Topic: A Scholar Finds Tulipmania Is Largely a Myth
Replies: 23
Views: 3836

Re: A Scholar Finds Tulipmania Is Largely a Myth

Sounds more like Beanie Babies or Popeye's Spicy Chicken Sandwich than an economic meltdown.

TNWoods
by TNWoods
Fri Oct 30, 2020 9:31 am
Forum: Investing - Theory, News & General
Topic: Where would you be if you had invested like a Boglehead from the beginning?
Replies: 107
Views: 8096

Re: Where would you be if you had invested like a Boglehead from the beginning?

I would be so far behind where I am now. I started in late 2008 with individual stocks, and made a lot of good decisions, and a few bad ones. Some of the good ones were very, very good. I still have a decent amount of individual stocks, because they are still beating the S&P, but I also have pla...
by TNWoods
Tue Oct 27, 2020 8:56 am
Forum: Personal Consumer Issues
Topic: Precast Concrete Dolphin
Replies: 9
Views: 1240

Re: Precast Concrete Dolphin

Would it be possible to snake a PVC or plastic pipe through the existing copper?

If not, try http://www.statue.com/Products/Fountain ... -Statuary/. Several piped dolphins in a wide range of prices.

TNWoods
by TNWoods
Mon Oct 26, 2020 11:26 am
Forum: Investing - Theory, News & General
Topic: Will I really need 80% replacement during retirement?
Replies: 118
Views: 10870

Re: Will I really need 80% replacement during retirement?

I don't need anywhere close to 80% of what I make NOW, so why would I need 80% when I retire?

I think this is a useless "rule of thumb" because there are so many caveats and qualifications.

TNWoods
by TNWoods
Thu Oct 15, 2020 12:19 pm
Forum: Personal Finance (Not Investing)
Topic: What are the financial risks of not owning a house?
Replies: 106
Views: 10670

Re: What are the financial risks of not owning a house?

I stayed in the same place for 22 years (so far). I recently had a reason to check what I would have paid in rent vs what it cost me to buy this house. (I assumed the rent that I paid prior to buying this house increased linearly over the years to end at the cost of rent today.) Including two new ro...
by TNWoods
Fri Sep 18, 2020 3:50 pm
Forum: Personal Investments
Topic: Opinions on 100% into VGT and QQQ
Replies: 33
Views: 3233

Re: Opinions on 100% into VGT and QQQ

He is going to buy some stuff that is CURRENTLY outperforming VTSAX. Yes, this indeed what I plan to do. I told him if he is going to do that, he needs to keep a parallel VTSAX spreadsheet, and constantly compare the performance of the two. The moment the stuff that is CURRENTLY OUTPERFORMING start...
by TNWoods
Fri Sep 18, 2020 2:48 pm
Forum: Personal Investments
Topic: Opinions on 100% into VGT and QQQ
Replies: 33
Views: 3233

Re: Opinions on 100% into VGT and QQQ

The moment your performance chasing begins to fail, switch to the benchmark. That doesn't work. If it was that easy, then millions of other investors would just arbitrage that opportunity away. Read the whole OP, read my WHOLE response. Your reply is a complete non-sequitur. TNWoods I did - nothing...
by TNWoods
Fri Sep 18, 2020 2:35 pm
Forum: Personal Investments
Topic: Opinions on 100% into VGT and QQQ
Replies: 33
Views: 3233

Re: Opinions on 100% into VGT and QQQ

burritoLover wrote: Fri Sep 18, 2020 2:24 pm
TNWoods wrote: Fri Sep 18, 2020 12:50 pm The moment your performance chasing begins to fail, switch to the benchmark.
That doesn't work. If it was that easy, then millions of other investors would just arbitrage that opportunity away.
Read the whole OP, read my WHOLE response.

Your reply is a complete non-sequitur.

TNWoods
by TNWoods
Fri Sep 18, 2020 2:33 pm
Forum: Personal Investments
Topic: Opinions on 100% into VGT and QQQ
Replies: 33
Views: 3233

Re: Opinions on 100% into VGT and QQQ

snailderby, You need to re-read the OP. This is not a thread about "how to performance chase and why it is awesome and all the cool kids are doing it". OP said quite clearly that he has decided to chase performance. The thread begins there. He did not say "I am ignorant about performa...
by TNWoods
Fri Sep 18, 2020 12:50 pm
Forum: Personal Investments
Topic: Opinions on 100% into VGT and QQQ
Replies: 33
Views: 3233

Re: Opinions on 100% into VGT and QQQ

As soon as it looks like your strategy is slowing to perform the same as, or worse than, VTSAX, transition to VTSAX. If the tech sector does slow or underperform, it is unlikely that VTSAX will not be moving in a similar fashion anyway. But if VTSAX is holding steady while your strategy is waning, ...
by TNWoods
Wed Sep 16, 2020 2:43 pm
Forum: Personal Investments
Topic: Opinions on 100% into VGT and QQQ
Replies: 33
Views: 3233

Re: Opinions on 100% into VGT and QQQ

Since you are young, and since technology (probably) isn't going away, consider doing this: Keep track of your investments into this strategy, and keep a parallel spreadsheet that tracks as if you were investing in a typical BH-favored index fund. As long as your strategy is doing better than, say, ...
by TNWoods
Tue Sep 15, 2020 1:30 pm
Forum: Personal Investments
Topic: Struggling Over whether to Sell my Tesla Stock
Replies: 74
Views: 6354

Re: Struggling Over whether to Sell my Tesla Stock

I own several individual stocks, so I have no typical boglehead objection to that, but I wouldn't touch TSLA with a 10-foot pole. That P/E ratio is ridiculous, and they wouldn't be profitable if they only sold their product. They have to also sell hundreds of millions in tax credits to other car com...
by TNWoods
Sun Sep 13, 2020 10:16 pm
Forum: Investing - Theory, News & General
Topic: [Covered Call Option]
Replies: 26
Views: 2040

Re: COVERED CALL OPTION

Sir, this is a Wendy’s.

TNWoods
by TNWoods
Thu Sep 10, 2020 11:02 am
Forum: Personal Finance (Not Investing)
Topic: Question on health insurance, HSAs, and health sharing ministries
Replies: 4
Views: 402

Re: Question on health insurance, HSAs, and health sharing ministries

I have a friend who went the "health sharing ministry" route. He is overweight and diabetic. They charged him an extra premium because of his pre-existing diabetes. He had a heart attack. They refused to pay ANYTHING because the doctor said the heart attack was related to his diabetes. Whi...
by TNWoods
Mon Sep 07, 2020 7:58 am
Forum: Personal Investments
Topic: Lump Sum Vs Dollar Cost Average
Replies: 19
Views: 1668

Re: Lump Sum Vs Dollar Cost Average

While it is true that lump sum beats DCA 2 out of 3 times in backtesting, remember that backtesting is a broad, generalized observation of what happened in the past, and can't necessarily be applied to a specific instance now. We do know that when it has been better, it has only been a little bit be...