Search found 11152 matches

by JoMoney
Sat Apr 17, 2021 10:52 am
Forum: Investing - Theory, News & General
Topic: S&P 500 Earnings for P/E Calculations
Replies: 8
Views: 437

Re: S&P 500 Earnings for P/E Calculations

FWIW, my guess is that the I/B/E/S calculations is a weighted average of the individual stocks/business earnings. Whereas the S&P index earnings calculation aggregates all the earnings of the all the companies as if they're one giant stock. It makes a big difference in the net result if there is...
by JoMoney
Sat Apr 17, 2021 10:37 am
Forum: Investing - Theory, News & General
Topic: S&P 500 Earnings for P/E Calculations
Replies: 8
Views: 437

Re: S&P 500 Earnings for P/E Calculations

Thank you, JoMoney. My issue is that S&P spreadsheet source quotes a different number for 2019 TTM Earnings than Yardeni Research does (source also in my original post). Assuming they are both credible sources, how do I reconcile the differences? I see now, interesting.. Yardeni does quote his ...
by JoMoney
Sat Apr 17, 2021 10:25 am
Forum: Personal Finance (Not Investing)
Topic: What to do next for our savings after maxing out everything?
Replies: 35
Views: 2289

Re: What to do next for our savings after maxing out everything?

If you max out Series I Savings Bonds, which can only be bought in "taxable", the interest can be tax-deferred for up to 30 years, state tax free, and may be federal tax free for certain educational purposes. If you're otherwise holding fixed income in a retirement account it might free up...
by JoMoney
Sat Apr 17, 2021 10:18 am
Forum: Personal Investments
Topic: withdrawal strategy after market decline
Replies: 16
Views: 595

Re: withdrawal strategy after market decline

If you have a balanced portfolio, you'll be drawing more from your bonds/cash after a market decline in order to get your portfolio back to your target allocation. From what I've read on here, it's pretty normal for people to cut back on their spending when markets aren't so cheery. There are many r...
by JoMoney
Sat Apr 17, 2021 10:10 am
Forum: Investing - Theory, News & General
Topic: S&P 500 Earnings for P/E Calculations
Replies: 8
Views: 437

Re: S&P 500 Earnings for P/E Calculations

There are lots of different ways of aggregating earnings , or even aggregating the P/E's of various stocks, in a portfolio... Including to how to handle extremely low or negative earnings for a company, which leads to lots of different numbers that are all correct but depend on the specific aggregat...
by JoMoney
Sat Apr 17, 2021 9:56 am
Forum: Investing - Theory, News & General
Topic: What’s the problem with dividends?
Replies: 198
Views: 10213

Re: What’s the problem with dividends?

The quote from Bogle is The true investor . . . will do better if he forgets about the stock market and pays attention to his dividend returns and to the operating results of his companies. That's it. Thank you. I think that is a Benjamin Graham quote. Well, https://www.goodreads.com/work/quotes/16...
by JoMoney
Sat Apr 17, 2021 9:12 am
Forum: Personal Consumer Issues
Topic: Cockroach Coming Out of Hole in Sink?
Replies: 27
Views: 2727

Re: Cockroach Coming Out of Hole in Sink?

I 2nd (or 3rd) the recommendation for diatomaceous earth, which is safe for people and pets and great for getting rid of bugs of all types.
Also, you might get a plug to cover your drain for your own peace of mind.
by JoMoney
Sat Apr 17, 2021 12:14 am
Forum: Investing - Theory, News & General
Topic: Is passive investing leading to bigger market inefficiencies?
Replies: 17
Views: 1091

Re: Is passive investing leading to bigger market inefficiencies?

As more people use broad market cap weighted indexing, it diffuses the money they're investing across the entire market. If they were investing any other way it would distort the relative valuation. It's possible the entire market gets over valued, but it's not the cap-weighted indexers deciding how...
by JoMoney
Fri Apr 16, 2021 8:36 am
Forum: Personal Consumer Issues
Topic: can I get boglehead approval for a 70K truck?
Replies: 97
Views: 5111

Re: can I get boglehead approval for a 70K truck?

I like Dave Ramsey's 'rule of thumb', that the total value of all your vehicles shouldn't be more than half your annual income. If you have significant wealth, you can include some theoretical value of the "income" your portfolio adds to your annual income/growth. The idea, is that you don...
by JoMoney
Fri Apr 16, 2021 8:22 am
Forum: Investing - Theory, News & General
Topic: Rule-based ETF's to weed out poor performers
Replies: 7
Views: 677

Re: Rule-based ETF's to weed out poor performers

The Dow has something like 3600 companies... When someone says "The Dow" the common reference is to the Dow Jones Industrial Average, which is an index that has 30 companies, not 3600. The Dow Jones Indexes group offers other indices, including a "Dow Jones US Total Market Index"...
by JoMoney
Thu Apr 15, 2021 10:45 pm
Forum: Investing - Theory, News & General
Topic: What’s the problem with dividends?
Replies: 198
Views: 10213

Re: What’s the problem with dividends?

Dividends are simply one way for a company to provide a return to investors. Share buybacks is the other way. Companies must use one or the other, or else the investment in the company is lost. All companies have a limited life time, they don't last forever. And if a company never pays a dividend o...
by JoMoney
Thu Apr 15, 2021 9:55 pm
Forum: Investing - Theory, News & General
Topic: What’s the problem with dividends?
Replies: 198
Views: 10213

Re: What’s the problem with dividends?

Well, then, I believe that not receiving dividends has a sort of psychological component that gives people's subconscious the illusion of money somehow invariably invested wisely and super tax efficiently by clairvoyant CEOs The way I see it, either you trust the management or you probably shouldn'...
by JoMoney
Thu Apr 15, 2021 8:40 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: 57
Views: 5554

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

Actin wrote: Thu Apr 15, 2021 8:31 pm Proportionally, this company is still more correctly valued than Tesla
:annoyed There goes my complaint about the problems with "small caps" :P
by JoMoney
Wed Apr 14, 2021 10:18 pm
Forum: Investing - Theory, News & General
Topic: What’s the problem with dividends?
Replies: 198
Views: 10213

Re: What’s the problem with dividends?

You get to too choose when you realize the income from capital gains, and if you're in an accumulation phase in a taxable account then it makes a difference in taxes that might otherwise be deferred. Also, this being a board focused on the advice of John Bogle, we primarily focus on broad market ind...
by JoMoney
Wed Apr 14, 2021 8:17 pm
Forum: Personal Finance (Not Investing)
Topic: "Nobody's ever regretted paying off the mortgage."
Replies: 289
Views: 18095

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

It's about risk, debt / leverage amplifies your risk exposure.

Another Dave Ramsey quote, "If you don't like being debt free, you can always go back into debt"
by JoMoney
Wed Apr 14, 2021 7:01 pm
Forum: Investing - Theory, News & General
Topic: "Mortage is a negative bond" - please help me understand
Replies: 144
Views: 7361

Re: "Mortage is a negative bond" - please help me understand

I don't follow much of the "portfolio effect" asset allocation, but when it comes to the bottom line I'm not going to borrow at 3% (mortgage or otherwise) and then buy bonds paying 2%. ... although I can see some justification for a larger short-term "emergency fund" if you're a ...
by JoMoney
Mon Apr 12, 2021 10:55 pm
Forum: Personal Finance (Not Investing)
Topic: How much does your employer sponsered health insurance cost you?
Replies: 43
Views: 2520

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

My cost is about $50 a month, for just me, employer pays about $450.
It's a high-deductible plan that covers checkups (and that's about it) until $3k deductible is met, then copay (30%) up to $6k, then 100% covered after that. Employer provides some contribution to HSA account.
by JoMoney
Mon Apr 12, 2021 8:28 am
Forum: Investing - Theory, News & General
Topic: Is this the single worst time to be a passive investor
Replies: 73
Views: 9301

Re: Is this the single worst time to be a passive investor

Your idea that you should " buy the indexes on any pullbacks " seems a bit counter to the idea of "passive" investing. We are in 'interesting' times. I do think the price of investable assets are being priced in dollars at unusually high multiples, but I also think there's more d...
by JoMoney
Mon Apr 12, 2021 8:20 am
Forum: Personal Finance (Not Investing)
Topic: House Building vs. Buying in this Market?
Replies: 21
Views: 2067

Re: House Building vs. Buying in this Market?

Anecdotally, outside of someone that was a professional construction/building contractor, I haven't heard of anyone who went through the process of building a home that would be willing to go through that process again.
by JoMoney
Mon Apr 12, 2021 12:08 am
Forum: Investing - Theory, News & General
Topic: Another 2.8% SWR Article Quoting Wade Pfau
Replies: 252
Views: 13856

Re: Another 2.8% SWR Article Quoting Wade Pfau

For a 30 year period as the SWR methodology used, 1/30 would be 3.33% and only needing enough growth to keep up with inflation.
If your expectation is -.5% real, why bother with the risk in stocks ?
by JoMoney
Sun Apr 11, 2021 9:43 pm
Forum: Investing - Theory, News & General
Topic: S&P 500 High Dividend ETF - SPYD
Replies: 53
Views: 4655

Re: S&P 500 High Dividend ETF - SPYD

@OP take a look at $SCHD and $SCHV. SCHD has a higher dividend vs VYM SCHD has doubled the returns of VYM SCHD fell 5% less than VYM During march 2020 SCHD dividend yield - 2.87 VYM dividend yield - 2.98 Tony FWIW, As of the 02/28/2021 price, Morningstar's projected forward Dividend Yield for SCHD ...
by JoMoney
Sun Apr 11, 2021 8:21 pm
Forum: Personal Investments
Topic: Creating revocable trust just for buying I Bonds?
Replies: 29
Views: 1950

Re: Creating revocable trust just for buying I Bonds?

I don’t see any reason why you couldn’t create a simple RLT solely for the purpose of buying I Bonds and there is no need to have your checking account with the same registration. If this is the only reason for the trust the dispositive provisions can simply have the trust terminate at death and po...
by JoMoney
Sun Apr 11, 2021 8:09 pm
Forum: Investing - Theory, News & General
Topic: Monthly or Yearly Withdrawals in Retirement
Replies: 39
Views: 3844

Re: Monthly or Yearly Withdrawals in Retirement

If you have a rollover IRA and Taxable account at the same brokerage, e.g. Vanguard, can you take a distribution from the rIRA as direct transfer of the same mutual fund, e.g. VTSAX VG total stock, then pay the state and federal income tax? Yes, but if I recall correctly the shares will show up as ...
by JoMoney
Sun Apr 11, 2021 7:05 pm
Forum: Investing - Theory, News & General
Topic: Monthly or Yearly Withdrawals in Retirement
Replies: 39
Views: 3844

Re: Monthly or Yearly Withdrawals in Retirement

I'm not in retirement, but I expect I would prefer monthly for the sake of bills and statement cycles being monthly, and being able to show a regular periodic deposit if I need to apply to rent a place, a loan, or such... On the other hand, if you're old enough to have RMD's on a retirement account,...
by JoMoney
Sun Apr 11, 2021 5:57 pm
Forum: Personal Investments
Topic: Creating revocable trust just for buying I Bonds?
Replies: 29
Views: 1950

Re: Creating revocable trust just for buying I Bonds?

How much value is buying I bonds worth to you? I don't think the value justifies the need to create a trust Sadly, this is my feeling to. After having been temporarily locked out of my TD account and dealing with the hassle of that, I'm questioning my desire to deal with Treasury Direct at all. Ser...
by JoMoney
Sun Apr 11, 2021 5:45 pm
Forum: Personal Consumer Issues
Topic: Marantec: Are Rolling Code Garage Door Openers Really Necessary?
Replies: 9
Views: 902

Re: Marantec: Are Rolling Code Garage Door Openers Really Necessary?

Some people don't lock their front door, is it necessary that they should lock it? I don't know, but it seems like a very simple measure to keep from being an easy target of opportunity.
by JoMoney
Sun Apr 11, 2021 3:32 pm
Forum: Personal Finance (Not Investing)
Topic: Ed Slott's new book NEW RETIREMENT SAVINGS TIME BOMB
Replies: 154
Views: 11158

Re: Ed Slott's new book NEW RETIREMENT SAVINGS TIME BOMB

Each person may make his/her own assumptions as to future tax rates. There’s no way to predict future tax rates over a long period of time. During my career the top rate has been as high as 70% and as low as 28%. I generally use the law as it’s currently scheduled to be in effect. To the extent you...
by JoMoney
Sun Apr 11, 2021 3:18 pm
Forum: Personal Investments
Topic: Finally read the Little Book of Common Sense Investing...
Replies: 8
Views: 1133

Re: Finally read the Little Book of Common Sense Investing...

It's a great book, the "Parable" about the Gotrocks family (written by Warren Buffett and included in Mr. Bogle's Little Book) is my favorite 'story' about how to invest in stocks http://johncbogle.com/wordpress/wp-content/uploads/2007/03/chapter%20one.pdf Overall I think Mr.Bogle's Common...
by JoMoney
Sun Apr 11, 2021 3:08 pm
Forum: Personal Finance (Not Investing)
Topic: The primary factor for picking a College/University is out of pocket cost
Replies: 207
Views: 10006

Re: The primary factor for picking a College/University is out of pocket cost

It was a big factor for me, but I don't think that's the norm. Some people want the prestige of a specific school and cost isn't a factor, the price is actually seen as part of it's elite-ness, sort of a way to show their wealth/status. Some people want a "college experience" that involves...
by JoMoney
Sun Apr 11, 2021 12:16 pm
Forum: Personal Finance (Not Investing)
Topic: Ed Slott's new book NEW RETIREMENT SAVINGS TIME BOMB
Replies: 154
Views: 11158

Re: Ed Slott's new book NEW RETIREMENT SAVINGS TIME BOMB

Cold hard fact I found now that I am retired: With our $50K in SS, anything past approx $25K additional ($75K gross) puts us into the current 22% bracket. So every $ I convert to my Roth, I pay 22% as Fed Taxes. As a comparison, 22% normally starts around $115K gross for working folks. What was you...
by JoMoney
Sun Apr 11, 2021 12:09 pm
Forum: Personal Finance (Not Investing)
Topic: I usually use electronic bank transfers to send money
Replies: 26
Views: 2102

Re: I usually use electronic bank transfers to send money

Wiring money settles faster, but there are typically fees involved (usually for sending a wire, sometimes for receiving it too.) I don't use wires, the only time I've had a situation where it could have been useful a bank cashiers check worked just as well and I felt more comfortable handing over th...
by JoMoney
Sun Apr 11, 2021 11:57 am
Forum: Personal Finance (Not Investing)
Topic: Ed Slott's new book NEW RETIREMENT SAVINGS TIME BOMB
Replies: 154
Views: 11158

Re: Ed Slott's new book NEW RETIREMENT SAVINGS TIME BOMB

^ You're free to make whatever "plan assumptions" you want, but if you're trying to solicit feedback on a hypothetical future state of law you're going to open it up for all kinds of wild assumptions about the possibility of the future. What if income tax moves to a flat tax and/or nationa...
by JoMoney
Sun Apr 11, 2021 11:37 am
Forum: Investing - Theory, News & General
Topic: Real Estate Risk: What Do You Call This Kind?
Replies: 12
Views: 1205

Re: Real Estate Risk: What Do You Call This Kind?

... This is true for any of us at any time to move to a place like Mississippi or Oklahoma. In the real world, place is not fungible No, "most of us" aren't making $90k a year while living in an area where homes are selling for $2M (and I'm guessing would rent @ $10k a month/$120k a year).
by JoMoney
Sun Apr 11, 2021 10:48 am
Forum: Personal Finance (Not Investing)
Topic: Ed Slott's new book NEW RETIREMENT SAVINGS TIME BOMB
Replies: 154
Views: 11158

Re: Ed Slott's new book NEW RETIREMENT SAVINGS TIME BOMB

It's neither easy nor cheap to make yourself 'paper poor' in order to get on Medicaid. Moving a tax-deferred balance into a trust requires realizing the income first and paying taxes accordingly. Which is the whole point of this thread...tax-deferred balances are a pain to deal with in retirement. ...
by JoMoney
Sun Apr 11, 2021 10:29 am
Forum: Investing - Theory, News & General
Topic: Real Estate Risk: What Do You Call This Kind?
Replies: 12
Views: 1205

Re: Real Estate Risk: What Do You Call This Kind?

FOMO Real estate agent salesmanship Possibly "opportunity cost" I don't view it as big an issue as some people perceive it. While it's regrettable if you missed out an opportunity to buy an investment that went up in value, that's not really a "risk". If the cost of housing in t...
by JoMoney
Sun Apr 11, 2021 9:45 am
Forum: Personal Finance (Not Investing)
Topic: Ed Slott's new book NEW RETIREMENT SAVINGS TIME BOMB
Replies: 154
Views: 11158

Re: Ed Slott's new book NEW RETIREMENT SAVINGS TIME BOMB

I fully expect that many BHs will be surprised by their Federal marginal tax bracket in retirement. The various things that can lead to this (tax changes, becoming single, etc) have been discussed elsewhere. Yep, I shake my head at people with million dollar HSAs. Wait until they find out medicare ...
by JoMoney
Sun Apr 11, 2021 9:40 am
Forum: Personal Consumer Issues
Topic: Best Cell Carrier to Use in the US Temporary?
Replies: 14
Views: 880

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

There are lots of good MVNO carriers to do this with, when I was working/living overseas I did what you're suggesting whenever I was back in the U.S. One important thing to be aware of, is many phones that work with non-U.S. carriers don't use the frequency bands as the U.S. carriers Make sure the p...
by JoMoney
Sun Apr 11, 2021 9:14 am
Forum: Personal Investments
Topic: Mixing Bogle and Ramsey to build my portfolio
Replies: 90
Views: 7859

Re: Mixing Bogle and Ramsey to build my portfolio

Your "mixing Bogle and Ramsey" portfolio looks like the Taylor/Boglehead recommended "Three Fund Portfolio" or a Vanguard Target Retirement fund. Your portfolio looks nothing like a Ramsey recommendation of paying an advisor to put you into active (likely high-fee) "Growth, ...
by JoMoney
Sun Apr 11, 2021 8:58 am
Forum: Investing - Theory, News & General
Topic: Real Estate Risk: What Do You Call This Kind?
Replies: 12
Views: 1205

Re: Real Estate Risk: What Do You Call This Kind?

FOMO Real estate agent salesmanship Possibly "opportunity cost" I don't view it as big an issue as some people perceive it. While it's regrettable if you missed out an opportunity to buy an investment that went up in value, that's not really a "risk". If the cost of housing in th...
by JoMoney
Sat Apr 10, 2021 11:10 pm
Forum: Personal Finance (Not Investing)
Topic: Theory: The Only Four Situations Justifying Debt
Replies: 103
Views: 7029

Re: Theory: The Only Four Situations Justifying Debt

Having a list of 4 excuses to "justify" debt means there are probably more, so saying these are the " ONLY " 4 seems unrealistic. With regard to #4, I could make an excuse to call just about anything a "true emergency". I wouldn't borrow to save in 401k. I do think the ...
by JoMoney
Sat Apr 10, 2021 9:18 am
Forum: Personal Finance (Not Investing)
Topic: Do budgets work?
Replies: 122
Views: 4846

Re: Do budgets work?

To me, budgets are like diets. Do diets really work? Or is lifestyle change really more sustainable? To have "lifestyle change" you have to first take notice of the thing(s) that require changing. Eventually better choices (hopefully) become the lifestyle habit. Similar to people that con...
by JoMoney
Sat Apr 10, 2021 8:33 am
Forum: Personal Finance (Not Investing)
Topic: Do budgets work?
Replies: 122
Views: 4846

Re: Do budgets work?

Yes, it works. You can't manage what you don't measure. Just writing down what you eat (and the calories) can help you "budget" a diet and lose weight. It works the same with your money expenditures. The act of paying attention to it gives you more ability to make higher minded choices to ...
by JoMoney
Sat Apr 10, 2021 8:19 am
Forum: Personal Investments
Topic: Protect savings from imminent inflation?
Replies: 29
Views: 2981

Re: Protect savings from imminent inflation?

Savers face all sorts of risks going forward, that's always the case, we don't know that any of us will even see a tomorrow. Under some scenarios it will have been better to enjoy your money now rather than save for unknown future, possibly even better to be in lots of fixed interest debt to be paid...
by JoMoney
Fri Apr 09, 2021 9:50 am
Forum: Investing - Theory, News & General
Topic: TSLA gamed the system - Could Index Funds Be ‘Worse Than Marxism’?
Replies: 108
Views: 11431

Re: TSLA gamed the system - Could Index Funds Be ‘Worse Than Marxism’?

At what aspect of Marxism are index funds worse? If one has a negative view of Marxism, could being bad at it be a positive thing :confused
by JoMoney
Fri Apr 09, 2021 9:01 am
Forum: Investing - Theory, News & General
Topic: Beat the market by only holding after hours
Replies: 56
Views: 3334

Re: Beat the market by only holding after hours

There are many similar anomalies, https://en.wikipedia.org/wiki/Calendar_effect I would be hesitant to believe any of them could be executed with success. Trying to sell at the open and buy at the close can be particularly annoying as those can be low-volume and volatile times to execute your trades...
by JoMoney
Fri Apr 09, 2021 8:36 am
Forum: Personal Consumer Issues
Topic: fan trips GFCI; can I plug into surge protector?
Replies: 22
Views: 1376

Re: fan trips GFCI; can I plug into surge protector?

... True.... but all our kitchen outlets (3) are on the same GFCI, so something that sensitive would drive me crazy. I would swap out the gfci outlet for $20 and see if it helps. Thanks, I'm a renter... I might mention it to the landlord at some point for their awareness, but I'm not going to put a...
by JoMoney
Fri Apr 09, 2021 8:34 am
Forum: Personal Finance (Not Investing)
Topic: What's Your View Of the Fidelity 2% Cash Back Visa Credit Card
Replies: 62
Views: 5309

Re: What's Your View Of the Fidelity 2% Cash Back Visa Credit Card

One thing to be aware of is that buried in the fine print credit card companies(and things like car loans) have what is called, "The right of offset", where if there is an unpaid charge they can take money out of other accounts that you have at that financial institution. These means that...
by JoMoney
Fri Apr 09, 2021 8:17 am
Forum: Personal Consumer Issues
Topic: fan trips GFCI; can I plug into surge protector?
Replies: 22
Views: 1376

Re: fan trips GFCI; can I plug into surge protector?

I could imagine a fan being turned on/off as being exactly the type of change in current flow that should cause it to trip. When a fan is turned off and still spinning it's essentially an electrical generator at that point and might be sending some small amount back up the line. I have one of those...
by JoMoney
Fri Apr 09, 2021 8:06 am
Forum: Personal Consumer Issues
Topic: fan trips GFCI; can I plug into surge protector?
Replies: 22
Views: 1376

Re: fan trips GFCI; can I plug into surge protector?

I could imagine a fan being turned on/off as being exactly the type of change in current flow that should cause it to trip. When a fan is turned off and still spinning it's essentially an electrical generator at that point and might be sending some small amount back up the line. I have one of those ...
by JoMoney
Fri Apr 09, 2021 7:42 am
Forum: Personal Finance (Not Investing)
Topic: Fidelity 2% Credit Card: [Update on Experiences, drops two benefits]
Replies: 167
Views: 12500

Re: Fidelity 2% Credit Card: Update on Any Issues or Experiences

Wouldn't umbrella insurance accomplish the same objective as a credit card's collision damage waiver protection? Maybe, but an important difference is in the case of the collision damage waiver protection you do not have to make a claim against your own insurance policy and deal with the inevitable...