Bogleheads.org

bobcat2

Thanks for taking the time to post about this stuff. I have learned a lot from you.

jim

But the doc-in-a-box will likely do nothing for the broken finger and tell you to make an appointment with your orthopedist. So one can skip the trip and just make the appointment yourself. My last visit to the ER resulted in three full-anesthesia orthopedic surgeries, but I had to walk out after 9...

Check this out.

http://www.bogleheads.org/wiki/Approximating_Total_Stock_Market

jim

Well, welcome to the "fixed income I do not know what to do club". I do not know why a IRA brokerage account would be confusing. If you have an IRA with mutual funds in that account, you can open a brokerage account within that IRA or at least linked to that existing IRA. You will need a m...

I no longer remember what I knew before 2008/2009 except that I was taking more risk at the time than I should have been taking. There are a lot of lessons we should have learned, if we did not already know them. Here is a link to an Allan Roth moneywatch article that deals with this topic and he kn...

Thanks for the information. Pretty amazing.

jim

OP, I think every one has made valid points. There is no right or wrong answer . I suspect that a major contribution that an adviser such as Rick Ferri and other's make is keeping you on track with a good plan when your instinct is to bail out in market downturns. Consider your ability in stressful ...

Although they still create the impression that the only alternatives to bonds are stocks, REITs, high yield bonds, and MLPs. True to them managing billions but not to retail investors. The forbidden words shall not be spoken. tfb, can you speak the forbidden words? :wink: Are you speaking of CDs or...

Here is a thread on Roth conversions: http://www.bogleheads.org/forum/viewtopic.php?f=1&t=96928 Taylor had a nice post on the numbers supporting the idea to delay taking SS until 70. Unfortunately I do not have it. It was last week. He linked a paper from a financial journal. It is worth the eff...

fishnskiguy wrote:If the Federal Reserve Policy Whose Name May Not Be Mentioned ended tomorrow, stocks would drop around ten percent and recover is three months.

Chris

or not

jim

OP Why does it matter what the S&P 500 number was 10, 15 or 20 years ago? The way to think about this that makes sense to me is PE10 and statistical probablity based upon historical records. Larry Swedroe had a blog post about this which he linked on this site several weeks ago. If I was younger...

There are about 673 threads dealing with DFA funds. Go to Board Index, then Theory to see one that is going on now. heck, here is the link: http://www.bogleheads.org/forum/viewtopic.php?f=10&t=115370 If you want to see older threads, use the search feature on this website. DFA would be a good st...

few points First buying CDs saves the fund expense Second CDs have no credit risk and you can typically pick up about 30bp more in yield than Treasury and also Third, banks typically way under price the put option, so if you have that option it adds value Best wishes Larry All good points. I think ...

Fixed income investing is awful now. I am not a bond bubble advocate but I am a FI investments should be safe person. the best thing availble to me is I Bonds. Unfortunately we are limited to 10K per SS#. Check out the section of the Wiki that discusses bonds and specifically, I bonds. Again, I am n...

Quoted from Mr. Swedroe's article: "That means having a plan that makes sure that you don't take more risk than you have the ability, willingness or need to take." Of all the books, articles, and discussions I have ever read in investing I have not seen a better way to assess one's risk t...

I generally do not pay any attention to gold or discussions about gold but I found this blog post from The Big Picture amusing.

It is titled the 12 Rules of Gold Buggerery:

http://www.ritholtz.com/blog/2013/04/the-10-rules-of-goldbuggery/

jim

Nice graphic, BlueEars. Can you imagine waves of bank failures and factories closurers in addition to equity markets in steep declines? I bet some of the current equity markets of some of the Euro countries would look a lot like the US circa 1930s, or worse. Greece, Spain, Portugal, Cyprus and more....

Amen to Nisi and jeffyscott.

Jim

Several years ago I started buying some 2-5 year CDs, when the 10 year Treasury was around 2.0%. I also took on more credit risk by buying ST IG bond fund but still kept about 1/3 of my allocation to TBM. In the last week or so I have sold almost all of TBM and purchased more 4 and 5 year CDs. I als...

About 2 years ago Vanguard published two papers on hedging inflation. I found one but not the other. In my googling, I came across a different short article by Vanguard discussing short term TIPS as inflation hedges. Here are the two links. https://institutional.vanguard.com/VGApp/iip/site/instituti...

About the time I read this book I also read a book that went into a lot of detail about the bank failures during the early depression years. Several reasons for them, but runs on the banks were common. I do not think it is possible for us to understand how bad it was. Some of the Euro area is going ...

Thanks for reminding of this book. It has been awhile since I read it. What still resonates with me is how some of the same themes discussed in the book are still being discussed today, the same fears. Larry Swedroe's ( and others) admonition that bonds are for safety is sound advice that I drifted ...

You know the risks. I Bonds, insured CDs and a insured saving account that pays more than nothing but each have drawbacks. I am less than certain that in 2 years if a 10 year Treasury is yielding 4% that I would be able to get out of a 5 year CD by paying a penalty, even though "they" say ...

Have you noticed what has happened to the Japanese stock markets?

Jim

EmergDoc wrote:P2P Lending.

EmergDoc

Would you be willing to share the organization(s) that you have found to be reputable?

I am interested in this.

Jim

Good points, thanks.

Jim

Actually, you can play with other people's money which should satisfy any emotional need to actviely participate. All you have to do is actively answer questions posed by folks on the forum and tell them what to do with their money. LOL Back in Nov/early DEC 2012 I added about 2-3% to equities beca...

Credit risk has to be taken into account when comparing a CD to a bond fund of equal duration and maturity. Compare the yield on a 5 year FDIC insured CD at Ally Bank to a 5 year Treasury note or about 5 year duration Treasury bond fund. You will find I think that the CD has about 2X the yield, same...

I have a smallish pension from a not for profit which has an exception from pension insurance: so one risk I have is that the company will default on the pension. I am retired and have not started taking the pension. The LS increases about 4% per year as does the various payout options. I do not hav...

Instead of taking more risk in equities perhaps we all should consider saving more, working longer, working part time and delaying SS, if possible.

The outcome of predicting future bond yields 5-10 years from now is somewhat less certain than the outocme of doing the above.

Jim

Maybe yes, maybe no, blah, blah, etc. (Repeat as necessary to write an article.) No body knows. I apologize for the flippant tone of my response (above). I know that some people agonize over articles like the one referenced by the OP, and, really, who am I to make light of their anxiety? I guess my...

Check out this fine article on the Wiki re tax efficient fund placement.

http://www.bogleheads.org/wiki/Principles_of_Tax-Efficient_Fund_Placement


jim

Wellesley has a lot of corporate bonds and relatively few stocks.

If that is how one wants to take risk, fine, nothing wrong with it as long as one knows the risks.

Jim

Here is a link to a multiple page thread on this forum about the 3 fund portfolio: http://www.bogleheads.org/forum/viewtopic.php?f=10&t=88005 Here is a link about fund placement and tax efficiency: http://www.bogleheads.org/wiki/Principles_of_Tax-Efficient_Fund_Placement Here is a link re tax lo...

Thanks for the post and warning re the systemic issues that might affect MM funds. I read a blog last week that did not address the issue you are posting about MM funds but the systemic risks written about in the blog led me to buy some short term Treasury funds and move some funds out of Vanguard's...

My goal re simplification would be to emulate the 3 fund portfolio discussed in this thread: http://www.bogleheads.org/forum/viewtopic.php?f=10&t=88005 I would also like to have a tax efficient portfolio as discussed on the Boglehead Wiki: http://www.bogleheads.org/wiki/Principles_of_Tax-Efficie...

I have not transferred an IRA. I have transferred a 403b to an existing Vanguard IRA. I called Vanguard after i had spent a lot of time looking up addresses, balances, phone numbers etc....to fill out Vanguard's online form. I am glad I called and you may want to invest a few minutes of your time by...

If you want to invest about 5-6 hours of your time to learn what this Boglehead stuff is all about, read two books: The Boglehead Guide to Investing and the Boglehead Guide to Retirement. It will be worth the effort and these books present info and a clear and concise manner. Read the discussion in ...

Here is a link to a Rick ferri article on risk and asset allocation with information to consider: http://www.rickferri.com/blog/strategy/the-flight-path-approach-to-age-based-asset-allocation/ Here is a link to a discussion of the 3 fund portfolio you are consider. It is a long discussion and should...

Total market index equity funds are considered tax efficient. here is a link to a Wiki article concerning fund placement. http://www.bogleheads.org/wiki/Principles_of_Tax-Efficient_Fund_Placement Since you have only taxable investments, the article is not as helpful to you now, but when you start wo...

Larry, thanks.

When I scanned the headline of the Bloomberg article several weeks ago I did not take the time to read the article because of what I have learned from you and others on this forum.

Jim

Here is a link to the Boglehead Wiki main page: http://www.bogleheads.org/wiki/Main_Page You might consider reading two books: The Boglehead Guide to Investing and The Boglehead Guide to Retirement . You can get both at Amazon. I do not know anything about the funds you invested in, do you? If not, ...

Consider using Fidlelity Spartan index funds to replicate the 3 fund portfolio discussed in the following link: http://www.bogleheads.org/forum/viewtopic.php?f=10&t=88005 You need to decide your level of portfolio risk based upon need to take risk, willingness and ability to take risk. Age in bo...

If I was going to go with 100% stocks and then wanted more risk than that I would go with small value both domestic and international. Read a few of the hundreds of threads dealing with French-Fama risk factors on this forum. Think about what is meant by long term and understand a few of the errors ...

I think one approach might be to consider a lump sum life time inflation adjusted single premium annuity.

These annuities are explained on the Boglehead Wiki and on many other online sources. They are not a good choice for many, but for some they work very well.

jim

The approach that makes sense to me and many others is simply to remain flexible.

We do not know what the next 20-30 years will bring so be willing and able to cut back spending if necessary and increase spending if you are able.

jim

Risk: need, ability and willingness. Nothing new about this and you know it but......... there are occasionally posts and links on this forum to articles that discuss the relatively safe investments like intermediate Treasuries and the associated low yields could lead one to conclude that perhaps mo...

Since we have only estimates of inflation there is no way to answer your question accurately. The last time I was paying attention, inflation estimates for the next 10 years were in the 2.2 or so range per year. So, if that is still the current estimate and the estimate actually is accurate, you ha...

There are a lot of calculators available on-line to give you an estimate. Several years ago I was listening to a lot of science and science related podcasts. During a Stanford podcast, the person giving the podcast made a statement that resonated with me. He/she said that a 65 year old has a 50% pro...

Since we have only estimates of inflation there is no way to answer your question accurately. The last time I was paying attention, inflation estimates for the next 10 years were in the 2.2 or so range per year. So, if that is still the current estimate and the estimate actually is accurate, you hav...