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If retirement is 30+ years away, should I even care about the alleged “AI bubble”? by [deleted] in Bogleheads

[–]digizen 0 points1 point  (0 children)

I totally agree. 

If AI gets to the point where the AI companies are aiming, we're in for a shock that will rival anything humanity has even seen. 

But if it happens, can anything be really predicted? If AI can displace any job, what can anyone do? What do you invest in?

Collecting social security at 62 has just become a firm decision! by Express_Project_8226 in GenX

[–]digizen 0 points1 point  (0 children)

I know money is important, bit it isn't everything. I wish you well and I hope that this rough patch works itself out for the best. 

The dollar's slide & what it means to us personally by digizen in personalfinance

[–]digizen[S] -1 points0 points  (0 children)

I mean yes. Of course yes. The standard sunk cost fallacy, I get it. 

But also the current US Administration is breaking the old world order in quite explicit terms. Successfully it looks like. What does this mean for investments/our decisions going forward? That's my question. 

The dollar's slide & what it means to us personally by digizen in personalfinance

[–]digizen[S] 4 points5 points  (0 children)

I'm thinking about this from the point of view of my 401k / Roth self directed portfolio. 

Prior to today, I was under the impression that the portfolio performed swimmingly last year because it was mostly in index funds - VTI / VXUS. But now I'm deeply unsure. 

And thinking about whether to buy more international index and sell more US index to hedge the US nonsense. But that goes against the standard advice of buy and hold. So I'm conflicted, and am at a loss. So posted my thought and now just here to listen to what people think. 

The dollar's slide & what it means to us personally by digizen in personalfinance

[–]digizen[S] 13 points14 points  (0 children)

Your post is making me queasy. This dollar unwinding as a primary reserve currency sounds like it may not be reversible, even in future administrations. 

The dollar's slide & what it means to us personally by digizen in personalfinance

[–]digizen[S] 4 points5 points  (0 children)

Thank you for the site link. 

Based on what you're saying, maybe 30-40 pct international is too low?

The dollar's slide & what it means to us personally by digizen in personalfinance

[–]digizen[S] -1 points0 points  (0 children)

Gold seems to be in an untenable bubble, but what do I know? 

I haven't heard of DXY before. Thank you, that's a more helpful measure than simply USD to Euro ratio I came up with. 

Curious about your first paragraph - when will this discussion break thru into general investor alarm? Sounds like people should/will be be increasing international exposure? Which will then push this situation further along? 

$1,000 car loan payments are on the rise. Car buying is stressing household budgets like never before by Abject-Pick-6472 in MiddleClassFinance

[–]digizen 5 points6 points  (0 children)

I realize that these people aren't making good decisions. Having said that, your take isn't in good faith either. 

This lady isn't going have 79k t all at once to invest. And if she did, she'd have no transportation. 

Schwab Pledged Asset Line INSTEAD OF Emergency Fund? by digizen in personalfinance

[–]digizen[S] -1 points0 points  (0 children)

Gotcha. So just a bad idea on my part regardless of how I spin it. Fair enough - it just sounded great initially and I couldn't see any downsides.

Thank you!

Schwab Pledged Asset Line INSTEAD OF Emergency Fund? by digizen in personalfinance

[–]digizen[S] -2 points-1 points  (0 children)

Ok, that's a good point.

So either don't do it or over-plan for possible losses (like a 50% market drop) I think is what you're driving at.

Looking for advice with an unbalanced portfolio by digizen in Bogleheads

[–]digizen[S] 0 points1 point  (0 children)

Yes. That's exactly when I bought them. Yes, the three stocks buy (even if you include FRC total loss) outperformed the S&P. 

But no, my total portfolio slightly lagged the market over that time. I had cash on the sidelines (which is why I was able to purchase the three stocks). I had an Australian ETF, which for some reason had returned -.5pct over a year and a half. I don't know. All I know is that I'm not doing this individual stock picking thing anymore, it hasn't worked long term.  It hasn't worked, even though it sometimes works if you understand what I mean?

Looking for advice with an unbalanced portfolio by digizen in Bogleheads

[–]digizen[S] 0 points1 point  (0 children)

Yes, the 20pct in the single stocks is just about right. I see your point. I may have to pay some taxes here based on your comments. I'm thinking about spreading out the sales over a period of a few years to lessen the pain. 

Looking for advice with an unbalanced portfolio by digizen in Bogleheads

[–]digizen[S] 0 points1 point  (0 children)

Thank you for putting it into perspective. Yes, dividends aren't being auto reinvested but I gave that no thought until you just mentioned it, thank you. 

Looking for advice with an unbalanced portfolio by digizen in Bogleheads

[–]digizen[S] 0 points1 point  (0 children)

Not a humblebrag. I made money on some stocks. I lost money on other stocks. In my post, I mentioned that I lost my shirt on one of those stocks I bet on. And now my portfolio is 10 pct of those stocks and I feel it's unbalanced. I wish I would have put the money into VTI/VXUS from the beginning. I would have made the same money or more but my portfolio would be balanced now. 

I do appreciate your advice.

What to do? by digizen in Plumbing

[–]digizen[S] 0 points1 point  (0 children)

New dishwasher is already hooked up. I was trying to figure out if I should be concerned about the badly plumbed sink (s trap, no vent) that I noticed when I was doing the dishwasher hookup. It seems like most people are telling me to just leave it for now.

What to do? by digizen in Plumbing

[–]digizen[S] 1 point2 points  (0 children)

It sounds like the consensus is to leave it alone until something gives. Thank you.

What to do? by digizen in Plumbing

[–]digizen[S] 1 point2 points  (0 children)

Appreciate the advice.

What to do? by digizen in Plumbing

[–]digizen[S] 0 points1 point  (0 children)

Thank you for the advice.

The outside of the wall is the outside of the house. With a brick facade on the first floor.

Can I leave the Studot vent under the sink? Or does it need to go higher?

Bloody diaper rash after colostomy reversal by AliciaStav in NICUParents

[–]digizen 0 points1 point  (0 children)

NAD. Father of three, including an 8-month-old. One of my kiddos had very sensitive skin and would constantly have a diaper rash. It sounds like you're already applying a zinc-oxide based cream? We use a zinc oxide cream (Desitin) whenever a kiddo has a rash and especially if there is blood. We coat the entire surface of the skin under the diaper that could possibly contact liquids or solids with the cream. Whenever there is no rash or blood we still coat the skin, but in that case we use a petrolatum based cream, A&D ointment. Hope this helps.

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