Search found 3036 matches

by Marseille07
Wed Apr 14, 2021 9:56 pm
Forum: Personal Finance (Not Investing)
Topic: If you hit your # would you retire in this market?
Replies: 86
Views: 9704

Re: If you hit your # would you retire in this market?

Yes, though realistically no one quits on the day of hitting their number. Realistically one would stick around until the RSUs fully vest or receiving bonus or what have you. But the market conditions should not have any bearing on your decision.
by Marseille07
Wed Apr 14, 2021 2:49 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 14459
Views: 1112358

Re: U.S. stocks continue to soar!

OohLaLa wrote: Wed Apr 14, 2021 2:44 pm
watchnerd wrote: Wed Apr 14, 2021 2:27 pm
Marseille07 wrote: Wed Apr 14, 2021 2:18 pm Why would you sell stocks on this news?
Wall Streeters pouring one out for the passing of a gangster.
"OG Bern", as he was known on the streets.
watchnerd got us. It wasn't his passing that caused the drop. The news came out much earlier in the day.
by Marseille07
Wed Apr 14, 2021 2:28 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 14459
Views: 1112358

Re: U.S. stocks continue to soar!

watchnerd wrote: Wed Apr 14, 2021 2:27 pm
Marseille07 wrote: Wed Apr 14, 2021 2:18 pm

Why would you sell stocks on this news?

Wall Streeters pouring one out for the passing of a gangster.
Good, I get to buy on the cheap.
by Marseille07
Wed Apr 14, 2021 2:18 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 14459
Views: 1112358

Re: U.S. stocks continue to soar!

watchnerd wrote: Wed Apr 14, 2021 2:06 pm
JS-Elcano wrote: Wed Apr 14, 2021 1:23 pm
rchmx1 wrote: Wed Apr 14, 2021 1:08 pm It appears that someone is not working out hard enough at the gym today! :annoyed
was there an announcement or some news that made the SP500 drop 0.5% in a few minutes?
Bernie Madoff passed away?
Why would you sell stocks on this news?
by Marseille07
Wed Apr 14, 2021 1:38 pm
Forum: Investing - Theory, News & General
Topic: Buying Coinbase is more diversified than buying Bitcoin?
Replies: 20
Views: 1399

Re: Buying Coinbase is more diversified than buying Bitcoin?

Coinbase is just an exchange isn't it? Nobody buys NDAQ (Nasdaq, Inc) to go long on NASDAQ-listed equities. Why should you for crypto? If you believe that crypto has a potential $100 trillion market cap and Coinbase is going to be the primary exchange, you’d want to get in before Coinbase’s potenti...
by Marseille07
Wed Apr 14, 2021 1:32 pm
Forum: Investing - Theory, News & General
Topic: Buying Coinbase is more diversified than buying Bitcoin?
Replies: 20
Views: 1399

Re: Buying Coinbase is more diversified than buying Bitcoin?

Coinbase is just an exchange isn't it? Nobody buys NDAQ (Nasdaq, Inc) to go long on NASDAQ-listed equities. Why should you for crypto?
by Marseille07
Wed Apr 14, 2021 1:11 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 22922
Views: 3007285

Re: U.S. stocks in free fall

Any news? Suddenly SPX went from +0.1% to -0.4% in 10 minutes. Wow.
by Marseille07
Wed Apr 14, 2021 10:54 am
Forum: Personal Finance (Not Investing)
Topic: Prenuptial arrangements
Replies: 115
Views: 8086

Re: Prenuptial arrangements

ipdiddly wrote: Wed Apr 14, 2021 9:29 am I strongly suspect that most divorces have numerous other serious underlying incompatibilities. There's a long laundry list: alcohol, drugs, gambling, abuse to name of few.
Some people really believe that Boglehead-style investing is gambling. I had to shake my head on that one.
by Marseille07
Tue Apr 13, 2021 4:45 pm
Forum: Personal Finance (Not Investing)
Topic: Prenuptial arrangements
Replies: 115
Views: 8086

Re: Prenuptial arrangements

Where are you getting that prenups are "thrown out all the time"? Do you have any statistics? Prenups are far more likely to be held up than not. Most of the "headlines" for prenups not holding up are unusual cases, like when Steven Spielberg had one signed on a napkin. Usually ...
by Marseille07
Tue Apr 13, 2021 2:37 pm
Forum: Personal Finance (Not Investing)
Topic: Prenuptial arrangements
Replies: 115
Views: 8086

Re: Prenuptial arrangements

Your choices are to do nothing and proceed or not buy the house. I don't see what you're getting at. Spouses who live in perfect marital harmony and eventually die together need not worry about pre or post nuptial agreements. Spouses who live in perfect marital harmony and eventually die together m...
by Marseille07
Tue Apr 13, 2021 2:23 pm
Forum: Personal Finance (Not Investing)
Topic: Prenuptial arrangements
Replies: 115
Views: 8086

Re: Prenuptial arrangements

The only great answer if you are the spouse with the inheritance and your spouse doesn't want to sign and there's no other way to come up with the down payment is to stay married. But given this scenario, I find it hard to imagine that the recalcitrant spouse would have signed a pre nuptial in eith...
by Marseille07
Tue Apr 13, 2021 2:00 pm
Forum: Personal Finance (Not Investing)
Topic: Prenuptial arrangements
Replies: 115
Views: 8086

Re: Prenuptial arrangements

I see your point, but disagree on both counts. But let us work with the home down payment hypothetical we're already discussing. Option 1) spouse signs post nup, everyone is slightly happy Option 2) spouse refuses to sign, no house is purchased today, everyone loses Option 3) spouse refuses to sign...
by Marseille07
Tue Apr 13, 2021 1:50 pm
Forum: Personal Finance (Not Investing)
Topic: Prenuptial arrangements
Replies: 115
Views: 8086

Re: Prenuptial arrangements

I see your point, but disagree on both counts. But let us work with the home down payment hypothetical we're already discussing. Option 1) spouse signs post nup, everyone is slightly happy Option 2) spouse refuses to sign, no house is purchased today, everyone loses Option 3) spouse refuses to sign...
by Marseille07
Tue Apr 13, 2021 1:42 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 14459
Views: 1112358

Re: U.S. stocks continue to soar!

What a great day, whoah!
by Marseille07
Tue Apr 13, 2021 1:36 pm
Forum: Personal Finance (Not Investing)
Topic: Prenuptial arrangements
Replies: 115
Views: 8086

Re: Prenuptial arrangements

Lee_WSP wrote: Tue Apr 13, 2021 12:25 pm The same can be said of any contract. So I'm not sure what your point there is.
The difference is, a prenup is a conditional for marriage (i.e. if they don't sign the prenup, no marriage). By definition, a postnup won't work this way.
by Marseille07
Tue Apr 13, 2021 12:19 pm
Forum: Personal Finance (Not Investing)
Topic: Prenuptial arrangements
Replies: 115
Views: 8086

Re: Prenuptial arrangements

The words mean an agreement before marriage and an agreement after marriage. The only reason to make an agreement before marriage is generally to agree on how to split things, and historically it's been used to disenfranchise a less wealthy spouse. A post nuptial by broad definition is any agreemen...
by Marseille07
Tue Apr 13, 2021 11:58 am
Forum: Personal Finance (Not Investing)
Topic: Prenuptial arrangements
Replies: 115
Views: 8086

Re: Prenuptial arrangements

Here's a question: why get married? I ask it not flippantly but in a very real sense. Put aside for a moment the laundry list of minor items that gets posted every time someone asks this question (visiting bedside at death, etc). If you cannot, for example, reach an agreement on early retirement or...
by Marseille07
Tue Apr 13, 2021 11:55 am
Forum: Personal Finance (Not Investing)
Topic: Prenuptial arrangements
Replies: 115
Views: 8086

Re: Prenuptial arrangements

In cases where one spouse wants to retain the separateness of an asset post marriage, you'd typically, or wisely, make a post nuptial agreement. When prenups get thrown out all the time, I don't see postnups realistic. Separate assets must be separate from the get go and remain separate. With that ...
by Marseille07
Tue Apr 13, 2021 11:44 am
Forum: Personal Finance (Not Investing)
Topic: Prenuptial arrangements
Replies: 115
Views: 8086

Re: Prenuptial arrangements

Here's a question: why get married? I ask it not flippantly but in a very real sense. Put aside for a moment the laundry list of minor items that gets posted every time someone asks this question (visiting bedside at death, etc). If you cannot, for example, reach an agreement on early retirement or...
by Marseille07
Tue Apr 13, 2021 11:01 am
Forum: Personal Finance (Not Investing)
Topic: Prenuptial arrangements
Replies: 115
Views: 8086

Re: Prenuptial arrangements

In cases where one spouse wants to retain the separateness of an asset post marriage, you'd typically, or wisely, make a post nuptial agreement. When prenups get thrown out all the time, I don't see postnups realistic. Separate assets must be separate from the get go and remain separate. With that ...
by Marseille07
Mon Apr 12, 2021 11:00 pm
Forum: Personal Finance (Not Investing)
Topic: Prenuptial arrangements
Replies: 115
Views: 8086

Re: Prenuptial arrangements

Even the best drafted prenup is not going to save you from poorly made choices (such as commingling funds such that you can no longer tell who contributed what). I think this is the sad reality. The best protection is to separate everything, then keep demanding some form of split payment on expense...
by Marseille07
Mon Apr 12, 2021 10:41 pm
Forum: Personal Finance (Not Investing)
Topic: How much does your employer sponsered health insurance cost you?
Replies: 43
Views: 2471

Re: How much does your employer sponsered health insurance cost you?

Former employer's plan was $0/mo, now I think I'm paying $20/mo for a PPO plan.
by Marseille07
Mon Apr 12, 2021 9:21 pm
Forum: Personal Investments
Topic: Emergency (oh my God fund)
Replies: 45
Views: 4531

Re: Emergency (oh my God fund)

Yes, it's 4% of my AA value. The idea is, 4% of my "number" would pay the biggest tax bill I've ever faced, so I'm operating accordingly before hitting the number.
by Marseille07
Mon Apr 12, 2021 7:24 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 14459
Views: 1112358

Re: U.S. stocks continue to soar!

Sounds fine. You can place market orders with confidence. The APs got your back. Worst comes worst, 40x becomes 39x. But I want more shares cheaper.... It takes the fun out of it, otherwise. I don't get this kind of entertainment value out of big ETFs like VT. Whoa, yeah this is very illiquid. Pers...
by Marseille07
Mon Apr 12, 2021 7:16 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 14459
Views: 1112358

Re: U.S. stocks continue to soar!

Assuming an ETF, APs make their money by arbitraging the NAV. If a thinly traded ETF is at a discount to NAV there might not be any easy money to be made by selling to him. I have often wondered how bothersome (or not) the share creation/redemption process is for those that actually act as APs. If ...
by Marseille07
Mon Apr 12, 2021 5:56 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 14459
Views: 1112358

Re: U.S. stocks continue to soar!

Assuming an ETF, APs make their money by arbitraging the NAV. If a thinly traded ETF is at a discount to NAV there might not be any easy money to be made by selling to him. I have often wondered how bothersome (or not) the share creation/redemption process is for those that actually act as APs. If ...
by Marseille07
Mon Apr 12, 2021 5:22 pm
Forum: Investing - Theory, News & General
Topic: Trading Platforms
Replies: 10
Views: 642

Re: Trading Platforms

ThinkorSwim is the best. TD Ameritrade. I haven't kept up with all of them so maybe this is less true but another thing that was nice with TOS is that it fully supported Apple computers. At one time when Scottrade was around they had one but it was Windows only. Huh, that's interesting. I was not a...
by Marseille07
Mon Apr 12, 2021 4:48 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 14459
Views: 1112358

Re: U.S. stocks continue to soar!

Bah, I couldn't get my full limit order filled. Even though I was offering the closing price. Grrr. Stupid low trading volume. Market timer! Gotta take what the markets give you. I'm not going to place a market order when my order is 50% of the trading volume... ;) Huh, that's interesting. I rememb...
by Marseille07
Mon Apr 12, 2021 4:24 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 14459
Views: 1112358

Re: U.S. stocks continue to soar!

watchnerd wrote: Mon Apr 12, 2021 3:06 pm Bah, I couldn't get my full limit order filled.

Even though I was offering the closing price.

Grrr.

Stupid low trading volume.
Market timer! Gotta take what the markets give you.
by Marseille07
Mon Apr 12, 2021 11:13 am
Forum: Personal Finance (Not Investing)
Topic: Prenuptial arrangements
Replies: 115
Views: 8086

Re: Prenuptial arrangements

I just have a very different perspective and think that sort of reasoning would almost mean you don't ever need any sort of contracts at all because people will ultimately do what is right. Divorces just don't usually go down that way, each side thinks maximizing their take is what's "fair&quo...
by Marseille07
Mon Apr 12, 2021 10:21 am
Forum: Personal Finance (Not Investing)
Topic: Prenuptial arrangements
Replies: 115
Views: 8086

Re: Prenuptial arrangements

State laws treat things differently, and also it can just come down to the judge. FWIW, the person's situation I just referenced, it was basically an open and shut "textbook" case that it was community property and had to be split evenly because both their names were on the home and both ...
by Marseille07
Mon Apr 12, 2021 10:11 am
Forum: Personal Investments
Topic: Buying a 1.5M house in Austin. Should I pull it?
Replies: 51
Views: 5314

Re: Buying a 1.5M house in Austin. Should I pull it?

newyorker wrote: Mon Apr 12, 2021 9:28 am Is consensus on VFIAX then chill?

I guess buying 1.5M on whim or on fear of missing out is not smart...
There's no consensus, and you can't compare VFIAX to a 1.5M house in Austin anyway. Apples to oranges.
by Marseille07
Sun Apr 11, 2021 10:03 pm
Forum: Personal Investments
Topic: Buying a 1.5M house in Austin. Should I pull it?
Replies: 51
Views: 5314

Re: Buying a 1.5M house in Austin. Should I pull it?

I live outside of Texas and I heard Austin R/E is hot right now. With around 700k in Liquid (550k in VOO) and income of 500k post tax. Should I pull it? If I can get finance, I should be able to put 300k and buy a house and rent it out. What do you guys think about investing in Texas? How is it vs....
by Marseille07
Sun Apr 11, 2021 7:27 pm
Forum: Investing - Theory, News & General
Topic: Trading Platforms
Replies: 10
Views: 642

Re: Trading Platforms

ThinkorSwim is the best. TD Ameritrade. I haven't kept up with all of them so maybe this is less true but another thing that was nice with TOS is that it fully supported Apple computers. At one time when Scottrade was around they had one but it was Windows only. Huh, that's interesting. I was not a...
by Marseille07
Sun Apr 11, 2021 6:43 pm
Forum: Investing - Theory, News & General
Topic: Monthly or Yearly Withdrawals in Retirement
Replies: 38
Views: 3713

Re: Monthly or Yearly Withdrawals in Retirement

I'm trying to wrap my head around this one. The research and calculators I have looked at haven't directly addressed this one. Take last year for example, if you withdrew your money in March 2020, then you'd be in a far different place than if you withdrew your money December 2020. A monthly withdr...
by Marseille07
Sun Apr 11, 2021 6:40 pm
Forum: Investing - Theory, News & General
Topic: Monthly or Yearly Withdrawals in Retirement
Replies: 38
Views: 3713

Re: Monthly or Yearly Withdrawals in Retirement

I'm trying to wrap my head around this one. The research and calculators I have looked at haven't directly addressed this one. Take last year for example, if you withdrew your money in March 2020, then you'd be in a far different place than if you withdrew your money December 2020. A monthly withdr...
by Marseille07
Sun Apr 11, 2021 6:24 pm
Forum: Investing - Theory, News & General
Topic: Trading Platforms
Replies: 10
Views: 642

Re: Trading Platforms

ThinkorSwim is the best. TD Ameritrade.
by Marseille07
Sun Apr 11, 2021 5:39 pm
Forum: Investing - Theory, News & General
Topic: VPW too aggressive?
Replies: 23
Views: 2088

Re: VPW too aggressive?

I'm not a big fan of VPW personally, but it's not aggressive because it is self-correcting based on the AA and your retirement horizon. VPW is self-correcting, and therefore better than a fixed dollar withdrawal that can eventually fall off a cliff. VPW keeps adjusting and will never run out of fun...
by Marseille07
Sun Apr 11, 2021 3:34 pm
Forum: Personal Investments
Topic: I cant find anything better than S&P
Replies: 74
Views: 7880

Re: I cant find anything better than S&P

Seems like market is the way to go. I looked into other options like real estates but unless i am the end user... (ex owning building for my own business or my home) it doesnt make great sense... over vfiax then chill. Yes. Let's keep doing your 2k/day DCA :beer Yep seems like thats the way to go. ...
by Marseille07
Sun Apr 11, 2021 1:10 pm
Forum: Investing - Theory, News & General
Topic: VPW too aggressive?
Replies: 23
Views: 2088

Re: VPW too aggressive?

I'm not a big fan of VPW personally, but it's not aggressive because it is self-correcting based on the AA and your retirement horizon.
by Marseille07
Sun Apr 11, 2021 1:08 pm
Forum: Personal Finance (Not Investing)
Topic: Prenuptial arrangements
Replies: 115
Views: 8086

Re: Prenuptial arrangements

There’s another option: don’t get married and don’t commingle assets. Track your spending and divide it exactly in half. You pay half and your partner pay the other half. That will solve financial issues related to pre-marital assets. Set that aside and enjoy life together. Don’t let social norms d...
by Marseille07
Sun Apr 11, 2021 1:01 pm
Forum: Investing - Theory, News & General
Topic: Another 2.8% SWR Article Quoting Wade Pfau
Replies: 252
Views: 13694

Re: Another 2.8% SWR Article Quoting Wade Pfau

I hesitate to start yet another "4% won't work" SWR thread, but I saw this WSJ article and think anything quoting Wade Pfau will be of interest to Bogleheads: https://www.wsj.com/articles/retirement-nest-egg-11617929631 "Wade Pfau, a professor at the American College of Financial Ser...
by Marseille07
Sun Apr 11, 2021 11:35 am
Forum: Personal Finance (Not Investing)
Topic: In-Laws' HOA demanding $8000 lumpsum payment
Replies: 91
Views: 10515

Re: In-Laws' HOA demanding $8000 lumpsum payment

I'll never understand why anyone would want to buy property under the thumb of an HOA. There are plenty of zoning rules, laws, and regulations out there already, can't imagine adding an HOA with a bunch of activist busy-body tyrants to the mix. Neighborhoods without HOA seem to be capable of functi...
by Marseille07
Sun Apr 11, 2021 10:21 am
Forum: Personal Finance (Not Investing)
Topic: Prenuptial arrangements
Replies: 115
Views: 8086

Re: Prenuptial arrangements

OP, I don’t envy your situation. When I got married many decades ago, we had no assets to protect. But what we did was assume that every going forward was 50/50, regardless of which spouse was the higher earner. That 50/50 concept is a critical component to marital success. Good luck. The problem w...
by Marseille07
Sun Apr 11, 2021 10:14 am
Forum: Personal Finance (Not Investing)
Topic: How much should I overpay?
Replies: 51
Views: 5187

Re: How much should I overpay?

I find it interesting that BH say don’t time the market. Yet when it comes to housing, I see exactly the opposite. My thought is that you buy as soon as you know you need another house. Frankly, none of us know anything. Prices could continue to rise for many years. I hear the TX market is booming ...
by Marseille07
Sat Apr 10, 2021 6:41 pm
Forum: Personal Consumer Issues
Topic: Best Cell Carrier to Use in the US Temporary?
Replies: 14
Views: 874

Re: Best Cell Carrier to Use in the US Temporary?

Look up prepaid plans at AT&T, Verizon or Mint Mobile. You should be able to enter the zip code to get some pricing estimate.
by Marseille07
Sat Apr 10, 2021 5:58 pm
Forum: Personal Investments
Topic: AA for someone 2 years from retirement
Replies: 47
Views: 4763

Re: AA for someone 2 years from retirement

I find the rising equity glidepath intellectually appealing and like the improvement in risk reduction. Even though we could probably use a static allocation and variable-withdrawals and be fine, too. It's safe but really, really boring to go from 50/50 to 90/10 over 5 years. Static AA is exciting?...
by Marseille07
Sat Apr 10, 2021 5:31 pm
Forum: Personal Investments
Topic: AA for someone 2 years from retirement
Replies: 47
Views: 4763

Re: AA for someone 2 years from retirement

watchnerd wrote: Sat Apr 10, 2021 3:58 pm I find the rising equity glidepath intellectually appealing and like the improvement in risk reduction.

Even though we could probably use a static allocation and variable-withdrawals and be fine, too.
It's safe but really, really boring to go from 50/50 to 90/10 over 5 years.
by Marseille07
Sat Apr 10, 2021 4:11 pm
Forum: Personal Finance (Not Investing)
Topic: Anyone contemplating OLY (One Less Year)?
Replies: 52
Views: 4748

Re: Anyone contemplating OLY (One Less Year)?

I think it comes down to your original plan. If you decided to retire when you hit x, and you hit x, what gives? Future returns might be better or worse than previous, nobody knows. I think this puts you in the ‘one more year’ camp. It’s obviously an emotional decision, I’m sure I’d be considering ...
by Marseille07
Sat Apr 10, 2021 3:35 pm
Forum: Personal Investments
Topic: AA for someone 2 years from retirement
Replies: 47
Views: 4763

Re: AA for someone 2 years from retirement

We're 4.5 years from retirement: Currently: 60/30/10 By Retirement Year 1: 50/25/25 The Sharpe and Sortino ratios for these ports are the same, but the SOR in early retirement is reduced. Spending over time will put this on a rising equity glide path that reverts back to 65% equities in year 10 of ...