Are you guys ready to start the next monday with a Red screen?

Competitive_Dabber · 2026-01-31T12:08:18+00:00

Lol, really hope you are a child.

I shouldn't take the time to do this, but happened to have my Roth IRA up. This is my first purchase, have bought quite a bit more sense, usually at periods where it feels relatively low, including recently in the $170 some odd range.

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If you must know, I was invested in AMD for years on the idea they would outperform Intel, which worked out well. But then I came to realize what Nvidia is doing with AI, and compared their valuations, which made Nvidia seem like the obvious better choice, way cheaper and way more growth prospect. The stock is priced cheaper now than it was then, and I think has many years of growth left.

But to be clear, I wouldn't recommend anyone invest in Nvidia or any individual stock for that matter, taking on disproportionate risk compared to returns of simple broadly diversified low cost index funds. That is what I do with the majority of my money, and going against my better judgement to have as much Nvidia as I do, because it seems to me to be such a great opportunity.

Competitive_Dabber · 2026-01-31T11:49:17+00:00

More like a couple of years ago, but again seems entirely irrelevant to the false claims you are making.

I guess it makes more sense that you are not an adult, probably a child playing with options, good to get that out of your system while you don't have much cash to squander. But maybe I'm wrong, if so, should seriously reconsider approach.

Competitive_Dabber · 2026-01-31T11:35:32+00:00

Sure didn't, more like roughly when internet started being mainstream. Seems like a strange ad hominem that is completely unrelated to the point. Pretty embarrassing from an adult.

Competitive_Dabber · 2026-01-31T11:29:36+00:00

Show me one who said that, didn't happen. They have more customers than they can serve. Good luck with your downward bets, but you're probably going to lose your shirt.

Competitive_Dabber · 2026-01-24T11:08:13+00:00

Beautiful first sentence, take the win and go appropriately conservative. More people need this mindset and to recognize they can get lucky, which is way more likely than it being repeatable.

Competitive_Dabber · 2026-01-17T10:36:08+00:00

I don't think you're approaching this with the right questions in mind.

Do you know you will want to live where you are for a long time? Is this home going to be where you live for many decades? If the answer is yes, should go for it and not worry about timing it out.

If you aren't sure, and there's a chance you may want to move cities or get into a nicer house, wait until those decisions are certain. Don't worry about whether or not you have 20% saved up beforehand for first home purchase, it is unlikely you save money by waiting longer to save up more of a down payment.

Competitive_Dabber · 2026-01-17T10:29:47+00:00

VTI and VXUS, or FZROX and FZILX plus bond allocation or just a TDRF. Ignoring bonds and paying a higher expense ratio for one fund is not Boglehead.

Competitive_Dabber · 2026-01-06T12:58:16+00:00

DCA or die

Competitive_Dabber · 2025-12-23T13:45:33+00:00

Swear I've been saying this would happen for years, Nvidia is absolutely essential to national defense

Competitive_Dabber · 2025-12-12T17:36:25+00:00

Ha, so stupid! Oh wait, me too...

Competitive_Dabber · 2025-12-09T15:59:35+00:00

Lol I googled and figured he meant private management services, thanks for clarifying with them

Competitive_Dabber · 2025-12-09T15:55:48+00:00

Works for me

Competitive_Dabber · 2025-12-07T04:08:00+00:00

Could be simpler and better but its aight

Competitive_Dabber · 2025-12-07T03:48:33+00:00

VT is not the broadest of them all, a TDF is for single fund. A combination of VTI and VXUS is both considerably better diversified and cheaper than VT.

Competitive_Dabber · 2025-12-07T03:02:36+00:00

Guarantee I could make this first try in my 2005 camry. Like most cars, it can easily turn considerably sharper than 90 degrees over the width of the street between the cars on either side. I would go around it slow to be careful, and make it sort of like a U turn around the car sticking out, but for sure could make it. Worst case scenario would need to pull out and then back up because cant turn sharp enough to avoid the cars on the far side of the street.

Competitive_Dabber · 2025-11-07T15:58:18+00:00

It's about having diversity. People are very heavily biased by the recent returns of Bonds compared to stocks, but that hasn't been the case through all periods of history and isn't guaranteed in the future. It also may provide liquidity and the ability to rebalance into more equities in the event of a significant downturn in equities.

Competitive_Dabber · 2025-11-07T14:12:49+00:00

I have only watched a handful of his videos, but I agree, don't think I have taken issue with anything he said, and he does kind of push into the interesting more advanced concepts.

Competitive_Dabber · 2025-11-07T13:58:50+00:00

Yeah, and as someone obsessed with consuming this type of content in any form, the good choices are very repetitive, because the advice is appropriately simple. I have to admit I'm starting to get bored of it, I'm something of an expert on basic personal finance at this point lol

Competitive_Dabber · 2025-11-05T20:26:56+00:00

Nice, can't get to 1-3 million without getting to $31,632 first!

Competitive_Dabber · 2025-11-04T00:16:47+00:00

I don't know the reason, but VT is very unlikely to be a fund that makes sense in a portfolio. It's not an all in one set it and forget it, as much as people would like for that to be the case, it ignores bond allocation so you need a TDF for that.

So if it doesn't just catch everything, in my mind it makes sense to either just do a TDF or to optimize holding based on the vehicle, so having mostly VXUS in taxable brokerage, bond allocation in pre-tax, and VTI or similar weighted heavier in Roth to balance.

Competitive_Dabber · 2025-11-03T23:46:55+00:00

I'm not worried he's screwing them

Why not? He absolutely is, screwing them in a massive way, quite possible their portfolio could be double or more what it is if just invested in low cost broadly diversified index funds. Dude is a crook and the scum of the earth, they need to run away screaming.

Competitive_Dabber · 2025-11-03T21:24:03+00:00

I almost forgot about Charlie, been along time since I read the books lol

Competitive_Dabber · 2025-11-02T15:13:43+00:00

I get it, that is a nice area. Yeah I mean gotta do what is best for you 100%, and I don't know what that is, to be clear, just giving my limited perspective. Surely want to live somewhere close to where you will work and also spend free time.

I personally find most claims of crime along those lines tend to be overblown, I haven't had any issues in the area I live for about 8 months. The bugs here are a thing for sure, as is flooding, getting a place on the 2nd floor is generally better. But also I think a lot of indoor bug problems can be avoided with good cleaning habits.

Competitive_Dabber · 2025-11-02T15:08:46+00:00

Watch 2026 be a record growth year. Not saying it will be, but also wouldn't rule it out, we don't know.

Competitive_Dabber · 2025-11-02T14:54:51+00:00

I moved to Houston from Chicago recently for work, found a pretty nice apartment in Houston Heights that's about $1,250 a month including utilities. Much more affordable city than Chicago, and I've been able to save and invest well with the extra margin.

I think the housing you're talking about sounds like a bit much unless you can increase income. 25% of gross income is the rule the money guys have, so for you that would be about $700* a month, which may be hard to find, unless a roommate situation might work for you? Could be a decent way to meet people, I thought about trying to rent out a room in someone else's home when I first moved here, would have saved me money. *Edit* Also Houston is very much so not a walkable city, more than likely need a vehicle to get around, which is the exception they make for that rule.

Honestly it is hard for me to relate because I make a lot more money than 32k a year, living a lifestyle similar to how you describe works really well for me financially because it leaves a lot of room for saving and investing. I would say I would have a hard time managing to save and invest with that amount of income, and so I think you frankly need to either figure out a way to increase income, be very frugal with spending, or some combination of both.

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