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Re: International funds not popular at Vanguard?

{political comment edited by admin Tashina} Finally, Abuss you have a quote from Jack Bogle that says "splash" of international equity. I think 30% to 56% in international equities is more of a cannon ball than a splash. I have 8% of my equity allocation dedicated to international and I h...
by riskonoff
Thu Jul 11, 2013 10:32 pm
 
Forum: Investing - Help with Personal Investments
Topic: International funds not popular at Vanguard?
Replies: 8
Views: 1573

Re: International funds not popular at Vanguard?

Judging from the posts of late there seems to be a fair amount of regret or 2nd thoughts regarding bogleheads international equity allocation. I have never embraced the idea of 30 to 56% int'l equity allocation for a number reasons that are irrelevant... [Political comments removed by admin LadyGeek...
by riskonoff
Thu Jul 11, 2013 1:35 pm
 
Forum: Investing - Help with Personal Investments
Topic: International funds not popular at Vanguard?
Replies: 8
Views: 1573

Re: Good Trading School in NYC?

Atomic Phil...good luck...if you want it bad enough you will get it done. As always, have a plan B and if you make money....save it and live responsibly. The downfall of a lot of successful traders is they don't manage their money like 'Bogleheads' and they make some make some bad decisions in their...
by riskonoff
Tue Jul 09, 2013 12:09 pm
 
Forum: Personal Finance (Not Investing)
Topic: Good Trading School in NYC?
Replies: 9
Views: 898

Re: Good Trading School in NYC?

Hey Edge...you come to my neighborhood I will drive you around some traders houses....Coming from Virginia I doubt you understand the Chicago trading culture. To the OP...don't buy a trading course for $5k and trade with a $25k account. You will most likely lose. However, as I stated find a mentorsh...
by riskonoff
Mon Jul 08, 2013 11:43 am
 
Forum: Personal Finance (Not Investing)
Topic: Good Trading School in NYC?
Replies: 9
Views: 898

Re: Good Trading School in NYC?

I am from Chicago and have been an independent trader since the late 80's. My advice to you is to find a firm (perhaps small prop shop)that will train you and then back you financially . I don't have any names but I have a few younger friends that have taken this route. I think if a firm has a finan...
by riskonoff
Sun Jul 07, 2013 8:37 pm
 
Forum: Personal Finance (Not Investing)
Topic: Good Trading School in NYC?
Replies: 9
Views: 898

Re: Vanguard - Increasing International Equity %

I have less than 10% of my equity allocation to int'l. I love Vanguard and have been a loyal customer for 25 years. However, I don't listen to everything they say. In 2006/07 I had a windfall of sorts and the vanguard financial planner said to put all of it in equities. I ignored his advice knowing...
by riskonoff
Fri Jun 28, 2013 10:21 pm
 
Forum: Investing - Theory, News & General
Topic: Vanguard - Increasing International Equity %
Replies: 61
Views: 6271

Re: Vanguard - Increasing International Equity %

I have less than 10% of my equity allocation to int'l. I love Vanguard and have been a loyal customer for 25 years. However, I don't listen to everything they say. In 2006/07 I had a windfall of sorts and the vanguard financial planner said to put all of it in equities. I ignored his advice knowing ...
by riskonoff
Thu Jun 27, 2013 11:42 pm
 
Forum: Investing - Theory, News & General
Topic: Vanguard - Increasing International Equity %
Replies: 61
Views: 6271

Re: Career as a trader

FYI, I am a Boglehead and I invest my money like a boglehead..the big thing is keeping costs low and being diversified. I do use a little tactical trading on my portfolio but on only a very modest amount of my net worth. The key to Trading like being a Boglehead is keeping it simple. I would not rec...
by riskonoff
Fri Jun 21, 2013 12:17 pm
 
Forum: Personal Finance (Not Investing)
Topic: Career as a trader
Replies: 32
Views: 3600

Re: Career as a trader

I have traded for over 20 years. I began working on the floor of the CBOT in the mid 1980's. I have traded electronically from an office since 2001. I am from Chicago and I trade my own capital. The trading business has changed dramatically over the past 5 years and I guess it is always changing. I ...
by riskonoff
Thu Jun 20, 2013 11:53 pm
 
Forum: Personal Finance (Not Investing)
Topic: Career as a trader
Replies: 32
Views: 3600

Re: C'mon international rise!

I am sorry that you listened to the 'gurus' on this site that suggested 30 to 56% International. I did not listen to them and instead I followed my plan. I have roughly 8% of my equity allocation dedicated to international. I am now reinvesting all dividend, interest, cap gain income, and much of 'n...
by riskonoff
Sun May 26, 2013 12:40 pm
 
Forum: Investing - Theory, News & General
Topic: C'mon international rise!
Replies: 47
Views: 4240

Re: "Staying the Course"

Bogleheads: Our mentor, Jack Bogle, wrote in Common Sense on Mutual Funds : " Stay the Course is the most important single piece of wisdom I can give you." Stay the Course are also the last three words in the last chapter of The Bogleheads' Guide to Investing. Vanguard concurs: Staying th...
by riskonoff
Fri May 17, 2013 11:22 pm
 
Forum: Investing - Theory, News & General
Topic: "Staying the Course"
Replies: 27
Views: 3048

Re: Any Tax Loss Harvesting Experts?

How can u have any losses in this environment.... :D
by riskonoff
Fri May 17, 2013 11:12 pm
 
Forum: Personal Finance (Not Investing)
Topic: Any Tax Loss Harvesting Experts?
Replies: 5
Views: 575

Re: More reasons I'd never pay prepay a mortgage

best decision i made was paying off my mortgage in the late 90's. Essentially avoided the internet bubble and was able to make good financial decisions during the early 2000 bear mkt and the 2008/09 mkt. collapse. Plus it equaled buying bonds probably above 6%. I grew up with absolutely no money (9 ...
by riskonoff
Tue Jan 22, 2013 4:31 pm
 
Forum: Personal Finance (Not Investing)
Topic: More reasons I'd never pay prepay a mortgage
Replies: 72
Views: 5695

Re: Why I chose "The Majesty of Simplicity" for my signiture

I like the idea of the Majesty of Simplicity for investing and trading and life in general. For investing....low cost index funds that feature broad diversification amongst a broad range of asset classes (not so enamored with the int'l stuff though). For debt....pay it off For trading....strict mone...
by riskonoff
Fri Aug 10, 2012 10:44 pm
 
Forum: Investing - Theory, News & General
Topic: Why I choose "The Majesty of Simplicity" for my signature
Replies: 36
Views: 10221

Re: worth watchin...dr. burry ucla

From the forum policies We also request that you be considerate of our readers and: ... - refrain from posting naked links - all links should include an explanation or excerpt unless its meaning is clear from the context ... Moderators may edit titles, reformat or even delete posts that do not foll...
by riskonoff
Sat Aug 04, 2012 2:32 pm
 
Forum: Investing - Theory, News & General
Topic: worth watchin...dr. burry ucla
Replies: 26
Views: 2720

Re: Vanguard website new look

new website is horrible.

i am on the site almost everyday. no reason to change it.

maybe i will get used to it....
by riskonoff
Sat Aug 04, 2012 2:15 pm
 
Forum: Personal Consumer Issues
Topic: Vanguard website new look
Replies: 56
Views: 6372

Re: so what if i wanted to learn day trading

As far as posting my next 20 trades. I will have probably 20 trades done by Monday morning at 10 am. I trade the Dow and S&P futures and I will be at it when Asia opens up this Sunday night at 5 pm. I will be shorting stocks early in Asia and expect a significant rebound during U.S. hours on Mo...
by riskonoff
Fri Jun 22, 2012 10:56 pm
 
Forum: Investing - Theory, News & General
Topic: so what if i wanted to learn day trading
Replies: 103
Views: 6904

Re: Foreign Asset allocation

a lot of people of this Forum have 50% of their equity allocation allocated to international equities. i am not one of those. i have a feeling that they are questioning that decision right now. i was under 10% and recently increased it to 15%. buy, hold, and re-balance assumes that countires will be...
by riskonoff
Fri Jun 22, 2012 10:41 pm
 
Forum: Investing - Help with Personal Investments
Topic: Foreign Asset allocation
Replies: 21
Views: 1645

Re: Currency Trading for Dummies

I came here via a search. My parents know a retired nuclear engineer who now works for himself as a currency trader. He seems to be very wealthy and works out of his big house on the hill, etc, etc. Is it really a fools game? Or is this something one could make a lot of money doing? Is it worth inv...
by riskonoff
Mon Jun 11, 2012 10:19 pm
 
Forum: Investing - Theory, News & General
Topic: Currency Trading for Dummies
Replies: 10
Views: 1249

Re: so what if i wanted to learn day trading

The unique thing about day trading skill is that it's just so easily provable. If you really can do it, simply post your next 20 trades to this thread right after you make them. Then a quick statistical test will show if you have skill or not. If all you have is excuses as to why spending 5-10 minu...
by riskonoff
Sat Jun 02, 2012 4:11 pm
 
Forum: Investing - Theory, News & General
Topic: so what if i wanted to learn day trading
Replies: 103
Views: 6904

Re: so what if i wanted to learn day trading

thanks. i will check out these books.
by riskonoff
Sat Jun 02, 2012 3:48 pm
 
Forum: Investing - Theory, News & General
Topic: so what if i wanted to learn day trading
Replies: 103
Views: 6904

Re: so what if i wanted to learn day trading

I have been a professional trader for over 20 years. I have always traded my own money. I made a lot of money trading treasuires (yield curve). I worked on the floor of the CBOT for 15 years and have traded electronically for 10 years. I got out of trading in 2011 to become a Financial Advisor. I r...
by riskonoff
Sat Jun 02, 2012 12:43 pm
 
Forum: Investing - Theory, News & General
Topic: so what if i wanted to learn day trading
Replies: 103
Views: 6904

Re: so what if i wanted to learn day trading

My brothers friend is a Turtle trader (trained by Richard Dennis). He is a CTA and has a very good track record over a long period of time (25 plus years). I am not that familar with what he does but it is a trend following type system that trades many different markets. Can I ask you what the names...
by riskonoff
Sat Jun 02, 2012 12:24 pm
 
Forum: Investing - Theory, News & General
Topic: so what if i wanted to learn day trading
Replies: 103
Views: 6904

Re: Should I buy Facebook?

to the unfortunate johnny Q public that bought the Facebook IPO, all I have to say is 'welcome to Wall Street'. For a lot of people Facebook went from a trade to a long term holding in their portfolio.
by riskonoff
Fri Jun 01, 2012 9:35 pm
 
Forum: Investing - Theory, News & General
Topic: Should I buy Facebook?
Replies: 21
Views: 2076

Re: so what if i wanted to learn day trading

I was very fortunate to have success and in general traders have limited shelf lives. Is that because the traders lose their skills as they gain experience trading, or because they were fortunate in the first place to make money? i don't think they lose their skill level necessarily but the markets...
by riskonoff
Fri Jun 01, 2012 6:11 pm
 
Forum: Investing - Theory, News & General
Topic: so what if i wanted to learn day trading
Replies: 103
Views: 6904

Re: Why 'Sell in May' doesn't work for investors

selling in late march/early april has worked 3 years in a row.....i rebalanced in late March with S&P above 1400 and 10 year yield around 2.3%. Hard to believe that worked out so well.
by riskonoff
Fri Jun 01, 2012 11:40 am
 
Forum: Investing - Theory, News & General
Topic: Why 'Sell in May' doesn't work for investors
Replies: 37
Views: 3919

Re: so what if i wanted to learn day trading

I have been a professional trader for over 20 years. I have always traded my own money. I made a lot of money trading treasuires (yield curve). I worked on the floor of the CBOT for 15 years and have traded electronically for 10 years. I got out of trading in 2011 to become a Financial Advisor. I re...
by riskonoff
Thu May 31, 2012 8:58 pm
 
Forum: Investing - Theory, News & General
Topic: so what if i wanted to learn day trading
Replies: 103
Views: 6904

Re: Proper Bond Allocation

It's pretty simple really: The folks at Vanguard are not Bogleheads. very true. i had Vanguard review my portfolio in 2007 and they suggested i have a 90% equity allocation. At the time I had 30% equity allocation. Thankfully, I increased it to 40% in 2007 and was able to make good decision's when ...
by riskonoff
Fri May 25, 2012 9:25 pm
 
Forum: Investing - Theory, News & General
Topic: Proper Bond Allocation
Replies: 12
Views: 1458

Re: What would a Greek boglehead do?

good question. hopefully it would mean he/she would have a very diversified low cost global portfolio. I think the major risk of being a Boglehead is political. If your government is not effective then it makes it difficult for your country to prosper and your markets to work. Does a Greek Boglehea...
by riskonoff
Thu May 24, 2012 8:56 pm
 
Forum: Investing - Theory, News & General
Topic: What would a Greek boglehead do?
Replies: 73
Views: 4559

Re: Jack and Rick on the Fox Business today

well stated Rick.
by riskonoff
Thu May 24, 2012 8:51 pm
 
Forum: Investing - Theory, News & General
Topic: Jack and Rick on the Fox Business today
Replies: 30
Views: 2442

Re: What would a Greek boglehead do?

good question.

hopefully it would mean he/she would have a very diversified low cost global portfolio.

I think the major risk of being a Boglehead is political. If your government is not effective then it makes it difficult for your country to prosper and your markets to work.
by riskonoff
Thu May 24, 2012 8:41 pm
 
Forum: Investing - Theory, News & General
Topic: What would a Greek boglehead do?
Replies: 73
Views: 4559

Re: Thoughts on current market climate

Markets today always go further than you think. My guess is that this correction has a way to go but will be a buying opportunity. It has been way to of an orderly sell off thus far and I see very little signs of capitulation. I rebalanced in March and brough my equity allocation from 52% down to 40...
by riskonoff
Thu May 17, 2012 10:33 pm
 
Forum: Investing - Theory, News & General
Topic: Thoughts on current market climate
Replies: 46
Views: 4438

Re: JPMorgan Chase loses $2 Billion

I worked for JPM in the 90's.

The last man standing (Jamie Dimon) just got knocked down. He'll get back up.

I really don't buy any individual stocks, but I bought JPM at 37 on the open. Put in a GTC order to sell it at 42.

Cheers!
by riskonoff
Fri May 11, 2012 11:53 am
 
Forum: Investing - Theory, News & General
Topic: JPMorgan Chase loses $2 Billion
Replies: 34
Views: 2504

JPM down 5%

Some bad bets for JPM...reported after the close today.

http://online.wsj.com/article/SB1000142 ... malertNEWS
by riskonoff
Thu May 10, 2012 6:02 pm
 
Forum: Investing - Theory, News & General
Topic: JPM down 5%
Replies: 0
Views: 602

Re: Carl Sagan

I am glad the name of Carl Sagan was mentioned.

In the past few days I have watched a great deal of his work on youtube and it is very interesting. i will be reading his books in the next few weeks and watching his works..............somehow i was not familar with him.

thank you!
by riskonoff
Fri Apr 27, 2012 9:29 pm
 
Forum: Personal Consumer Issues
Topic: Carl Sagan
Replies: 47
Views: 3011

Re: New Permanent Portfolio Book Available for pre-order.

When you have 9 kids in your family and you are the son of a Chicago Police Offer, you learn to follow the rules. When you worked over 20 years on the exchange floor, you learn to follow the rules. Alex changed the rules and gave this person preferential treatment. This was blatant advertising and s...
by riskonoff
Wed Apr 18, 2012 3:29 pm
 
Forum: Investing - Theory, News & General
Topic: New Permanent Portfolio Book Available for pre-order.
Replies: 17
Views: 2158

Re: New Permanent Portfolio Book Available for pre-order.

A quick note those who have reported this thread. Yes, it's technically in violation of our policies, but we do take into account a person's contributions to the forum. After a couple of thousand posts on this topic here, I think the OP has shown he's not just in this for a quick buck. Unbelievable...
by riskonoff
Wed Apr 18, 2012 1:51 pm
 
Forum: Investing - Theory, News & General
Topic: New Permanent Portfolio Book Available for pre-order.
Replies: 17
Views: 2158

Re: Whats out of favor now?

EFA and foreclosed homes in good neighberhoods.

I have several friends that are very wealthy and they are buying foreclosed homes in the Chicago area. They are doing this for investment reasons and also doing it to put people (friends and family) to work.
by riskonoff
Tue Apr 17, 2012 8:24 pm
 
Forum: Investing - Theory, News & General
Topic: Whats out of favor now?
Replies: 71
Views: 3996

Re: Penn State Honors College Vs. Cornell

tough choice and you should feel proud that your son has these 2 fine options. i would recommend PSU honors college. You also have to factor in that graduate school could be another cost for him sometime down the road. i think a college choice is very important, however, i think it is more important...
by riskonoff
Mon Apr 16, 2012 11:36 pm
 
Forum: Personal Finance (Not Investing)
Topic: Penn State Honors College Vs. Cornell ... Thank you! Post #1
Replies: 113
Views: 7097

Re: Im so impressed with CNBC

CNBC's finest moment was when they wore party hats when the NAZ hit 5,000. RM wonder if larry kudlow will ever get to wear the Dow 50,000 hat. Here is the video.... http://www.huffingtonpost.com/huff-tv/arianna-calls-out-kudlow_b_408480.html As a trader I watched Bloomberg TV and CNBC and usually h...
by riskonoff
Thu Apr 12, 2012 6:05 pm
 
Forum: Investing - Theory, News & General
Topic: Im so impressed with CNBC
Replies: 26
Views: 2759

Re: Introducing the Efficient Fund Hypothesis (EFH)

I met with my accountant today and i was explaining my investment philosophy and the importance I placed on keeping my investment costs low. He explained to me that many of his clients have very little in the way of dividend income because the mutual fund fees eat up a good portion of their dividend...
by riskonoff
Tue Apr 10, 2012 10:15 pm
 
Forum: Investing - Theory, News & General
Topic: Introducing the Efficient Fund Hypothesis (EFH)
Replies: 16
Views: 1264

Re: Bernstein's FOUR PILLARS Book

my favorite book. i would have him read sections of the book and then discuss it with him. keep it simple for him.

he may tell you to scram, but it is worth a shot. good father/son stuff.
by riskonoff
Mon Apr 09, 2012 7:33 pm
 
Forum: Personal Finance (Not Investing)
Topic: Bernstein's FOUR PILLARS Book
Replies: 10
Views: 1256

Re: Jack Bogle chimes in on CNN Money

nirvines88 wrote:the CNN Money reporter seemed incredulous at times

she is brutal. she states that some people have lost 50% of their wealth in the last year. what market is she looking at. maybe she has all her money in natural gas.

my portfolio is pretty much at all time highs.
by riskonoff
Sat Apr 07, 2012 12:29 pm
 
Forum: Investing - Theory, News & General
Topic: Jack Bogle chimes in on CNN Money
Replies: 16
Views: 2406

Re: Allan Roth in AARP Mag - BEWARE!

I mentioned in a previous post that last year i became a FA. I paid and study for the Series 7 and 66 exams for myself. Originally, I had opportunities with Wirehouses and Insurance companies etc..I went to work with an Insurance company and I lasted a week. They paired me up with a CFP and he had a...
by riskonoff
Fri Apr 06, 2012 12:06 pm
 
Forum: Investing - Theory, News & General
Topic: Allan Roth in AARP Mag - BEWARE!
Replies: 8
Views: 2001

Re: Saved 50% on my health insurance premiums

i had a similar experience last year. saved around $5k to $6k with BCBS Illinois (High Deductible/HSA). Had Aetna before and was part of a small group and premiums went up dramatically. 0n another note, my State Farm agent called me last week about State Farm Health Insurance. Anyone have any experi...
by riskonoff
Wed Apr 04, 2012 11:14 am
 
Forum: Personal Finance (Not Investing)
Topic: Saved 50% on my health insurance premiums
Replies: 9
Views: 1140

Re: "Why do you hate your wife"

My wife is much smarter than me (U of Chicago MBA), however, she has absolutely NO interest in our investments. I gave her my Vanguard log-in information and told her to occasionally review our portfolio. She said no thanks, I trust you. I grew up with absolutely no money and really have worried abo...
by riskonoff
Fri Mar 30, 2012 7:38 am
 
Forum: Investing - Theory, News & General
Topic: RIA says, "Why do you hate your wife"
Replies: 64
Views: 6063

Re: Vanguard featuring Boglehead Rick Ferri

I liked this part.... An advisor's role is to advise; it's not to play market-timing guru. Congrat's Rick! One thing that I think some people overlook is that emotions affect Advisors as well. It is nice to see that Rick has a passion and core beliefs and sticks with them thru good times and bad.
by riskonoff
Fri Mar 23, 2012 9:31 pm
 
Forum: Investing - Theory, News & General
Topic: Vanguard featuring Boglehead Rick Ferri
Replies: 17
Views: 1551

Re: Using Total Bond Fund or several Bond Funds

i have a good chunk of laddered cd's that mature in May of 2012. It hurts to say this but they yield 5.5%. I don't think i will be putting these funds back into cd's. I am leaning toward vfidx (intermediate corporate) for a good chunk of this maturing CD money. Overall, in bonds funds I am probably ...
by riskonoff
Tue Mar 20, 2012 9:02 pm
 
Forum: Investing - Help with Personal Investments
Topic: Using Total Bond Fund or several Bond Funds
Replies: 32
Views: 3478
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