Search found 1602 matches

by rockstar
Thu May 06, 2021 6:46 pm
Forum: Investing - Theory, News & General
Topic: Whence inflation?
Replies: 229
Views: 17340

Re: Whence inflation?

At the end of the day, all that matters is if this inflation is being picked up in your inflation protected bonds: i bonds or TIPS. If it's not, then you're out of luck.
by rockstar
Tue May 04, 2021 2:22 pm
Forum: Investing - Theory, News & General
Topic: Whence inflation?
Replies: 229
Views: 17340

Re: Whence inflation?

Buffet thinks "very substantial inflation" is occurring. https://www.youtube.com/watch?v=7t7qfOyQdQA&ab_channel=YahooFinanceYahooFinanceVerified The supply chains tied to anything home related is screwed up right now. And lot of people are renovating because they're stuck at home with...
by rockstar
Tue May 04, 2021 12:48 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 23065
Views: 3023249

Re: U.S. stocks in free fall

International down more than US! Run! Tony The market is freaking out over Yellen's comments on their need to raise interest rates to prevent the economy from "overheating". That might perhaps explain why tech is leading the freakout. But, if interest rates might rise, why is the 10yr Tre...
by rockstar
Tue May 04, 2021 12:29 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 23065
Views: 3023249

Re: U.S. stocks in free fall

NASDAQ down 2.5%?! What gives. I thought tech crushed earnings last two weeks. International down more than US! Run! Tony The market is freaking out over Yellen's comments on their need to raise interest rates to prevent the economy from "overheating". That might perhaps explain why tech ...
by rockstar
Tue May 04, 2021 12:24 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 23065
Views: 3023249

Re: U.S. stocks in free fall

NASDAQ down 2.5%?! What gives. I thought tech crushed earnings last two weeks. International down more than US! Run! Tony The market is freaking out over Yellen's comments on their need to raise interest rates to prevent the economy from "overheating". Or they're selling because of fear o...
by rockstar
Tue May 04, 2021 12:16 pm
Forum: Personal Investments
Topic: Schwab vs. Vangard Question / Mortgage vs. Bond Question
Replies: 13
Views: 777

Re: Schwab vs. Vangard Question / Mortgage vs. Bond Question

My understanding is that ETFs are more tax efficient.

This is a good write up for other things to compare. I'd look beyond Vanguard and Schwab to do a proper compare.

https://www.schwab.com/resource-center/ ... eally-cost
by rockstar
Tue May 04, 2021 10:50 am
Forum: Investing - Theory, News & General
Topic: Young Investor's Over Confidence
Replies: 144
Views: 11066

Re: Young Investor's Over Confidence

Why the push for retirement dated funds? These are super expensive in my 401k plan. I'm seeing these pop up a lot lately instead of the two low ER fund portfolio as the go to recommendation. I obviously don't know what you're seeing for expense ratios vs index funds in the same 401K. Sometimes comp...
by rockstar
Sun May 02, 2021 8:03 pm
Forum: Personal Finance (Not Investing)
Topic: Inflation already here
Replies: 5
Views: 1026

Re: Inflation already here

I think, a lot of the items up right now are do to supply chain decisions. When the pandemic hit, some supply decisions were made that are not causing pricing to go up. A good example is rental cars. Rental car companies sold off a good bit of their fleets to stay in business. Now, as more people tr...
by rockstar
Sun May 02, 2021 4:05 pm
Forum: Personal Finance (Not Investing)
Topic: Mortgage Payoff
Replies: 7
Views: 1485

Re: Mortgage Payoff

The math doesn't make sense to have mortgage into retirement. For example, the rule of thumb is to have 25x or 33x expenses. Usually, your outstanding mortgage balance will be less than 25x or 33x your yearly mortgage expense ignoring property tax and homeowners insurance. I can see paying it off ri...
by rockstar
Sat May 01, 2021 6:02 pm
Forum: Investing - Theory, News & General
Topic: Taking on risk in tax deferred vs. taxable
Replies: 7
Views: 646

Re: Taking on risk in tax deferred vs. taxable

This is really a tax question and how you're impacted when you sell.
by rockstar
Thu Apr 29, 2021 3:46 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 15107
Views: 1164495

Re: U.S. stocks continue to soar!

What a volatile day. I think just a bunch of market timing geniuses who are selling at ATH. Maybe some early rebalancing? Who knows. Fantastic finish if it holds up! Up 33bps today. Not bad. I expected to be up 100bps. Looks like AMZN has good earnings. That's a plus since I've owned it since March...
by rockstar
Thu Apr 29, 2021 1:57 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 15107
Views: 1164495

Re: U.S. stocks continue to soar!

What a volatile day.
by rockstar
Wed Apr 28, 2021 8:56 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 15107
Views: 1164495

Re: U.S. stocks continue to soar!

jarjarM wrote: Wed Apr 28, 2021 8:37 pm Nasdaq future is up 0.8%, maybe tomorrow will be a good day :moneybag
Feeling good about my VOO, QQQ, TQQQ, and UPRO positions from tomorrow.
by rockstar
Wed Apr 28, 2021 6:44 pm
Forum: Investing - Theory, News & General
Topic: Young Investor's Over Confidence
Replies: 144
Views: 11066

Re: Young Investor's Over Confidence

Congratulations are in order to all the Millennials and Gen Z that started or are all on their way to financial independence. I am decades long investor and a Boglehead for quite some time. I have noticed many posts about a million dollar threshold and are considering loosen up on their savings and...
by rockstar
Wed Apr 28, 2021 6:41 pm
Forum: Investing - Theory, News & General
Topic: Explain it like I'm 5: 401K Matching
Replies: 22
Views: 1764

Re: Explain it like I'm 5: 401K Matching

Assuming that 1. your gross income is $5,000 per week, or $130,000 per year. 2. you contribute 6% 3. the match is 50%. You would contribute $300 each paycheck into your 401k account. That money is yours. Your taxable income is reduced by $300 per week, or $7,800 per year. Your employer matches this...
by rockstar
Wed Apr 28, 2021 5:45 pm
Forum: Personal Finance (Not Investing)
Topic: Are my expenses too high?
Replies: 130
Views: 11690

Re: Are my expenses too high?

I say "tight" because you're contributing 25% of your gross to retirement. Only on this site would that be portrayed as a problem. 19.5k 401k 19.5k 401k 6k Roth IRA 6k Roth IRA 3.5k HSA 30% gross with a blended almost 7% match. It's just that general feeling I'm not going to be able to ha...
by rockstar
Wed Apr 28, 2021 5:32 pm
Forum: Investing - Theory, News & General
Topic: Explain it like I'm 5: 401K Matching
Replies: 22
Views: 1764

Re: Explain it like I'm 5: 401K Matching

Assuming that 1. your gross income is $5,000 per week, or $130,000 per year. 2. you contribute 6% 3. the match is 50%. You would contribute $300 each paycheck into your 401k account. That money is yours. Your taxable income is reduced by $300 per week, or $7,800 per year. Your employer matches this...
by rockstar
Wed Apr 28, 2021 5:26 pm
Forum: Investing - Theory, News & General
Topic: Explain it like I'm 5: 401K Matching
Replies: 22
Views: 1764

Re: Explain it like I'm 5: 401K Matching

Assuming that 1. your gross income is $5,000 per week, or $130,000 per year. 2. you contribute 6% 3. the match is 50%. You would contribute $300 each paycheck into your 401k account. That money is yours. Your taxable income is reduced by $300 per week, or $7,800 per year. Your employer matches this...
by rockstar
Wed Apr 28, 2021 2:47 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 15107
Views: 1164495

Re: U.S. stocks continue to soar!

We still have lots of big hitters reporting. Apple / Facebook today, then Amazon tomorrow. Looks like we survived the Fed. I'm not too worried about Facebook or Apple other than them arguing with each other over privacy and ad policies. Amazon should be interesting. Did people return to shopping in...
by rockstar
Wed Apr 28, 2021 2:40 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 15107
Views: 1164495

Re: U.S. stocks continue to soar!

I got excited for a couple of minutes only to come back and see it drop again.
by rockstar
Wed Apr 28, 2021 2:23 pm
Forum: Personal Finance (Not Investing)
Topic: Are my expenses too high?
Replies: 130
Views: 11690

Re: Are my expenses too high?

What's your monthly take home pay (after all of your deductions and taxes)? I hate using gross income for anyone making above $75k a year since you'll pay a lot more in taxes. And I don't expect your family healthcare insurance to be cheap either.
by rockstar
Wed Apr 28, 2021 1:04 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 15107
Views: 1164495

Re: U.S. stocks continue to soar!

To infinity and beyond.
by rockstar
Wed Apr 28, 2021 12:23 pm
Forum: Personal Consumer Issues
Topic: [What TV Show Have You Recently Watched?]
Replies: 2841
Views: 280753

Re: [What TV Show Have You Recently Watched?]

Shadow and Bone on Netflix. It's really good. Now, I have to read the books.
by rockstar
Wed Apr 28, 2021 10:03 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 15107
Views: 1164495

Re: U.S. stocks continue to soar!

firebirdparts wrote: Wed Apr 28, 2021 8:47 am Eyes on the Fed, I guess.
And taxes. What a glorious day.
by rockstar
Wed Apr 28, 2021 12:35 am
Forum: Personal Consumer Issues
Topic: looking to buy a new car, can I time the car market
Replies: 34
Views: 2989

Re: looking to buy a new car, can I time the car market

Car sales are seasonal. Most people purchase their vehicles using their tax refunds as down payments. This is the worse time to buy a vehicle. And you can time it as tax refunds come in every year around the same time. The rest of the year is usually better. As for this year where you have a chip sh...
by rockstar
Tue Apr 27, 2021 10:04 pm
Forum: Investing - Theory, News & General
Topic: Young Investor's Over Confidence
Replies: 144
Views: 11066

Re: Young Investor's Over Confidence

Another way to approach this thread is to think about the Icarus myth. Don't fly too close to the sun.
by rockstar
Tue Apr 27, 2021 8:27 pm
Forum: Investing - Theory, News & General
Topic: Hiring an Advisor Could Increase Your Returns by $1,731,060
Replies: 77
Views: 11075

Re: Hiring an Advisor Could Increase Your Returns by $1,731,060

I wonder where the $60 came from. That's a really precise number.
by rockstar
Tue Apr 27, 2021 8:18 pm
Forum: Investing - Theory, News & General
Topic: Young Investor's Over Confidence
Replies: 144
Views: 11066

Re: Young Investor's Over Confidence

Why the push for retirement dated funds? These are super expensive in my 401k plan. I'm seeing these pop up a lot lately instead of the two low ER fund portfolio as the go to recommendation.
by rockstar
Tue Apr 27, 2021 7:15 pm
Forum: Investing - Theory, News & General
Topic: Bonds in free fall
Replies: 666
Views: 56864

Re: Bonds in free fall

watchnerd wrote: Mon Apr 26, 2021 8:45 pm
rockstar wrote: Mon Apr 26, 2021 8:21 pm At the current yields, how many years to breakeven after the losses since the beginning of the year?

How can I answer that without knowing the duration?
BND or TLT.
by rockstar
Mon Apr 26, 2021 8:21 pm
Forum: Investing - Theory, News & General
Topic: Bonds in free fall
Replies: 666
Views: 56864

Re: Bonds in free fall

At the current yields, how many years to breakeven after the losses since the beginning of the year?
by rockstar
Mon Apr 26, 2021 8:19 pm
Forum: Investing - Theory, News & General
Topic: Hit Millionaire Status! [Does anyone shift when they hit a milestone?]
Replies: 132
Views: 18293

Re: Hit Millionaire Status! [Does anyone shift when they hit a milestone?]

Do you have mortgages are on your properties? Are you counting your real estate equity towards your net worth? Why do you have so much cash?
by rockstar
Mon Apr 26, 2021 8:16 pm
Forum: Investing - Theory, News & General
Topic: Excellent free Bloomberg newsletter from Matt Levine
Replies: 10
Views: 1438

Re: Excellent free Bloomberg newsletter from Matt Levine

I always read his column. It's spot on.
by rockstar
Mon Apr 26, 2021 7:30 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 15107
Views: 1164495

Re: U.S. stocks continue to soar!

With the 10 year at over 70x earnings, I'm not worried about a crash anytime soon.
by rockstar
Mon Apr 26, 2021 7:28 pm
Forum: Investing - Theory, News & General
Topic: What are you up YTD? [Year To Date]
Replies: 3553
Views: 588994

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

8ish percent. Better than I expected but still behind the S&P.
by rockstar
Sun Apr 25, 2021 6:25 pm
Forum: Personal Consumer Issues
Topic: Laundry Detergent Small Packets
Replies: 17
Views: 1148

Re: Laundry Detergent Small Packets

Sounds like a science fair project for the kids.
by rockstar
Sun Apr 25, 2021 3:00 pm
Forum: Investing - Theory, News & General
Topic: p/e=34 p/e fwd=23
Replies: 14
Views: 1330

Re: p/e=34 p/e fwd=23

Forward PEs are at best good guesses. Bogle doesn't speak too highly of them in his book: The Little Book of Common Sense Investing. I agree with him. I'd pretty much ignore that number. However, I think, the current PEs are really high due to sales volume dropping due to COVID last year. I'm guessi...
by rockstar
Sat Apr 24, 2021 5:45 pm
Forum: Personal Consumer Issues
Topic: Costco Questions
Replies: 44
Views: 4945

Re: Costco Questions

Use Camelizer to set price targets at Amazon. As for Costco, I spend the most there on food and gas. The later is particularly useful when visiting Hawaii. Their store brand is also good for items like batteries, paper towels, and toilet paper. Their organic food is almost always cheaper than at Who...
by rockstar
Sat Apr 24, 2021 3:57 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 15107
Views: 1164495

Re: U.S. stocks continue to soar!

I think these threads are silly, but I do think they should stay around because you can see all the failed predictions... I'd like to add another (maybe) failed prediction to the pile. Bank of America has (according an Apr. 14, 2021 article) a year-end price target of 3800 for the S&P 500. link...
by rockstar
Sat Apr 24, 2021 11:21 am
Forum: Personal Finance (Not Investing)
Topic: Townhome sale not going as expected, advice please
Replies: 71
Views: 7630

Re: Townhome sale not going as expected, advice please

Lowering the price will probably get you more views. But ultimately, you need to find someone that doesn't care about the road noise. Lowering the price will encourage someone to overlook the road noise. Also might attract an investor or someone who thinks putting in new windows will mostly solve t...
by rockstar
Sat Apr 24, 2021 11:17 am
Forum: Personal Finance (Not Investing)
Topic: Townhome sale not going as expected, advice please
Replies: 71
Views: 7630

Re: Townhome sale not going as expected, advice please

I passed on a house due to road noise. The house was perfect. It was better than the one I currently live in. But I could do nothing to eliminate the road noise. And I expected it to be harder to sell in the future. It wasn't a forever home. Lowering the price will probably get you more views. But u...
by rockstar
Sat Apr 24, 2021 10:35 am
Forum: Investing - Theory, News & General
Topic: Ideal Bond allocation by age
Replies: 94
Views: 6943

Re: Ideal Bond allocation by age

isn't it really a question of how much can you handle losing? So the more that you have, the more you can risk losing and still be okay. For example, if I need a 3 million dollar portfolio for retirement, but I have a 5 million dollar portfolio, I can handle a 30% drop and not blink an eye. It does...
by rockstar
Sat Apr 24, 2021 10:31 am
Forum: Investing - Theory, News & General
Topic: Ideal Bond allocation by age
Replies: 94
Views: 6943

Re: Ideal Bond allocation by age

It's the idea that you're de-risking from equities to bonds as you age. How am I de-risking as you call it if I'm setting aside a portion of my portfolio to earn less than mortgage rate and inflation rate? Am I essentially swapping volatility for rate risk? Well not just volatility. Think of a reti...
by rockstar
Sat Apr 24, 2021 10:16 am
Forum: Investing - Theory, News & General
Topic: Ideal Bond allocation by age
Replies: 94
Views: 6943

Re: Ideal Bond allocation by age

What do bonds have to do with age? I have never been able to wrap my head around this one. Right now, if I buy bonds, they yield less than my mortgage and less than inflation. I'd have to assume they would appreciate (rates go down) for them to beat my mortgage rate. I don't get owning them right n...
by rockstar
Sat Apr 24, 2021 10:02 am
Forum: Investing - Theory, News & General
Topic: Ideal Bond allocation by age
Replies: 94
Views: 6943

Re: Ideal Bond allocation by age

What do bonds have to do with age? I have never been able to wrap my head around this one. Right now, if I buy bonds, they yield less than my mortgage and less than inflation. I'd have to assume they would appreciate (rates go down) for them to beat my mortgage rate. I don't get owning them right n...
by rockstar
Sat Apr 24, 2021 9:40 am
Forum: Investing - Theory, News & General
Topic: Ideal Bond allocation by age
Replies: 94
Views: 6943

Re: Ideal Bond allocation by age

What do bonds have to do with age? I have never been able to wrap my head around this one. Right now, if I buy bonds, they yield less than my mortgage and less than inflation. I'd have to assume they would appreciate (rates go down) for them to beat my mortgage rate. I don't get owning them right no...
by rockstar
Fri Apr 23, 2021 8:00 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 15107
Views: 1164495

Re: U.S. stocks continue to soar!

TheTimeLord wrote: Fri Apr 23, 2021 10:02 am I thought this was worth sharing from the Free Fall thread.

viewtopic.php?p=5963395#p5963395
Forester wrote: Fri Apr 23, 2021 4:08 am Bitcoin has spoken, 25% crash should precede about a 10% drop in the S&P 500. The path is clear to SPX 3,700 by the end of May.
Let the rally begin.
by rockstar
Thu Apr 22, 2021 10:18 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 15107
Views: 1164495

Re: U.S. stocks continue to soar!

abuss368 wrote: Thu Apr 22, 2021 8:46 pm I backed up my truck today and bought.

Tony
I bought today too.