Search found 1787 matches

by sschullo
Mon Jul 06, 2015 7:13 am
Forum: Investing - Theory, News & General
Topic: How many Bogleheads tilt Value?
Replies: 42
Views: 2174

Re: How many Bogleheads tilt Value?

Using Wellington and Wellesley I tilt to large-cap dividend paying. Not small cap. Merriman thinks small cap and value tilt is the "holy grail," because of past performance for 80+ years. Its convincing to a point. My risk is primarily confined to diversified equities, not much more.
by sschullo
Sat Jul 04, 2015 8:44 pm
Forum: Investing - Help with Personal Investments
Topic: Transferring 403b funds to Vanguard
Replies: 7
Views: 350

Re: Transferring 403b funds to Vanguard

Yeah, your spouse has to be terminated from current employer to conduct roll overs. I know the frustration about those crappy insurance company 403(b)s.
Have you asked the company to add a low cost company. Its worth a try.
by sschullo
Sat Jul 04, 2015 8:40 pm
Forum: Investing - Theory, News & General
Topic: What are you up YTD? [Year To Date]
Replies: 438
Views: 60186

Re: What are you up YTD? [Year To Date]

5.04% YTD as of June 2015 60% - Vanguard Institutional Index Fund 40% - Blackrock U.S. Debt Index Fund This is another possible case of weird math. The first fund has returned about 1.23% and the second fund has returned about -0.2% for the 6 months of the year. How one could get 5+% out of those t...
by sschullo
Sat Jul 04, 2015 1:57 pm
Forum: Investing - Theory, News & General
Topic: Aren't we obsessing way too much about our portfolios?
Replies: 56
Views: 4068

Re: Aren't we obsessing way too much about our portfolios?

On one aspect yes. The quantitative analyses is because it is sophisticated and glamorous to many here, the language of finance is best spoken by math, data and formulas and that plan that we carefully constructed. On the other hand (or the other side of our brains) is the qualitative aspect which c...
by sschullo
Sat Jul 04, 2015 9:26 am
Forum: Investing - Theory, News & General
Topic: Emergdoc on Mr. Money Mustache
Replies: 186
Views: 20673

Re: Emergdoc on Mr. Money Mustache

Dimitri, you seem very cynical and of course it is possible you may be right in the case of MMM (since I don't know him), but in real life, I know plenty of folks who live comfortable, happy, and modest lifestyles with no more cash spending than MMM claims to spend. They don't blog about it--they j...
by sschullo
Fri Jul 03, 2015 7:19 pm
Forum: Investing - Theory, News & General
Topic: Investors Overwhelmingly Choosing Low-Cost, Passive Funds
Replies: 7
Views: 1192

Re: Investors Overwhelmingly Choosing Low-Cost, Passive Funds

Paul, Just some off-the-cuff observations: You are probably right as investors chase returns and then bail out when Mr. Bear comes around. However, also during 2003, the NASDAQ returned 50% and I may be wrong but I did not see a lot of people going back into that index. The other numbers are impress...
by sschullo
Fri Jul 03, 2015 6:43 pm
Forum: Investing - Theory, News & General
Topic: Are REITs necessary in a portfolio? Why?
Replies: 99
Views: 9436

Re: Are REITs necessary in a portfolio? Why?

dc81584 wrote:Nope.


+1. No commodities and no tax advantaged bond funds either (only for ultra wealthy with high taxable incomes). Just a plain vanilla equity and bond portfolio.
by sschullo
Fri Jul 03, 2015 4:53 pm
Forum: Investing - Theory, News & General
Topic: What are you up YTD? [Year To Date]
Replies: 438
Views: 60186

Re: What are you up YTD? [Year To Date]

Netherworld wrote:basically flat.


Yeah, same here. Got a slim $4,849.00 gain on a 7 figure portfolio with a 35% equity/65% bond allocation. I'll take it. :sharebeer
by sschullo
Fri Jul 03, 2015 11:07 am
Forum: Personal Finance (Not Investing)
Topic: What age did you become debt free and what opportunities did it create?
Replies: 70
Views: 6241

Re: What age did you become debt free and what opportunities did it create?

Age 57, ten years ago.
As a public school teacher, I did not make enough to max out my 403(b), paying off the mortgage allowed me max out and thus help recover our portfolio from our massive investing mistakes made during the 2000-2002 crash.
by sschullo
Thu Jul 02, 2015 9:48 pm
Forum: Investing - Theory, News & General
Topic: Emergdoc on Mr. Money Mustache
Replies: 186
Views: 20673

Re: Emergdoc on Mr. Money Mustache

One thing I've taken from MMM's writings and similar writings by other philosophers is to really analyze everything you spend money on for how much happiness it brings you. This is one of the most beneficial things I've ever done for myself financially, and in general. It allowed me to jettison a l...
by sschullo
Thu Jul 02, 2015 9:25 pm
Forum: Investing - Theory, News & General
Topic: Emergdoc on Mr. Money Mustache
Replies: 186
Views: 20673

Re: Emergdoc on Mr. Money Mustache

I would like to write about both of these young men: MMM and emergdoc. It doesn't surprise me that our emergdoc wrote about MMM. While they pursue wildly different lifestyles, they are extraordinarily alike in their goal of achieving a rich and rewarding life for themselves. Both are a brilliant yo...
by sschullo
Thu Jul 02, 2015 7:28 pm
Forum: Personal Consumer Issues
Topic: Do you buy used cars like a Boglehead actually should?
Replies: 168
Views: 19114

Re: Do you buy used cars like a Boglehead actually should?

During my working years, I could not afford a new car and invest in my 403(b) plan. So I bought used cars. Here in California used cars last a long time. I am extremely lucky that I only wanted a car to go from point a to point b and didn't need any kind of expensive status statement. Over my workin...
by sschullo
Thu Jul 02, 2015 1:40 pm
Forum: Investing - Theory, News & General
Topic: Emergdoc on Mr. Money Mustache
Replies: 186
Views: 20673

Re: Emergdoc on Mr. Money Mustache

I would like to write about both of these young men: MMM and emergdoc. It doesn't surprise me that our emergdoc wrote about MMM. While they pursue wildly different lifestyles, they are extraordinarily alike in their goal of achieving a rich and rewarding life for themselves. Both are a brilliant you...
by sschullo
Mon Jun 29, 2015 11:35 pm
Forum: Investing - Theory, News & General
Topic: Being Mr. Bogle's Company has 3 Trillion Dollars
Replies: 15
Views: 2107

Re: Being Mr. Bogle's Company has 3 Trillion Dollars

dewey wrote:
Fallible wrote:FWIW, I admire John Bogle not for what personal fortune he might have given up, but for knowing what is "enough." And then writing a book about it. :happy

+1

+2
by sschullo
Mon Jun 29, 2015 6:26 pm
Forum: Investing - Theory, News & General
Topic: The next Lehman - this week? [Greek default]
Replies: 204
Views: 20730

Re:

My interpretation of "stay the course" is to have a plan that is not reacting to daily or monthly news. Rather it should backtest reasonably robustly. That includes buy-hold of various asset classes. Right on! Heck, our portfolio is down $50 grand (-4.0%) from its high a couple of months ...
by sschullo
Thu Jun 25, 2015 11:29 pm
Forum: Investing - Theory, News & General
Topic: Interest rate risk and bonds
Replies: 8
Views: 949

Re: Interest rate risk and bonds

Short term or intermediate term bonds. Have a total plan that you can live with: diversification, low costs, the usual boring strategies that we discuss here everyday. There will always be risk, not just interest rate risk.
by sschullo
Thu Jun 25, 2015 11:24 pm
Forum: Investing - Theory, News & General
Topic: Did 2008 change your investing strategy?
Replies: 58
Views: 5258

Re: Did 2008 change your investing strategy?

Nope, but the 2000-2002 crash certainly did!!!!
by sschullo
Thu Jun 25, 2015 10:26 am
Forum: Personal Finance (Not Investing)
Topic: Couples and money and compatibility
Replies: 38
Views: 4232

Re: Couples and money and compatibility

mptfan, Why not create survey? Or has it been done already? Because the poll feature has been disabled. https://www.bogleheads.org/forum/viewtopic.php?t=164952 I didn't know this. What a loss. My favorite was the end of the year poll to compare my portfolio to the other Boglehead's returns, to see ...
by sschullo
Thu Jun 25, 2015 9:52 am
Forum: Personal Finance (Not Investing)
Topic: Couples and money and compatibility
Replies: 38
Views: 4232

Re: Couples and money and compatibility

mptfan, Why not create survey? Or has it been done already? I would predict that most Bogleheads are cat. # 1. As Bogleheads we are lucky that we know something about investing enough to know how costs affect investments, that we have spouses that share the same philosophy about money and saving, we...
by sschullo
Thu Jun 25, 2015 8:39 am
Forum: Personal Consumer Issues
Topic: Money arguments with spouse and how did you resolve
Replies: 72
Views: 8371

Re: Money arguments with spouse and how did you resolve

You brought up a serious issue that would trouble me if my spouse were to loan $3000 to a cousin, a cousin? As with many others have said, we just don't lend money to family. We gift it and it is BOTH of our decisions. It's our money, not mine or my spouse's. I would go ahead and agree to the loan a...
by sschullo
Thu Jun 25, 2015 7:57 am
Forum: Investing - Theory, News & General
Topic: "An Interview With A Boglehead"
Replies: 18
Views: 2802

Re: "An Interview With A Boglehead"

thanks Taylor,
The only Boglehead tip that some of us missed was the first one, "invest early and often."
But the Boglehead methods are so powerful, even us who started late and learned investing, later in life with much lower salaries than high-net-worth individuals, can succeed.
by sschullo
Tue Jun 23, 2015 2:29 pm
Forum: Local Chapters and Bogleheads Community
Topic: Happy Birthday to Mel [Lindauer]
Replies: 36
Views: 2641

Re: Happy Birthday to Mel [Lindauer]

tuckeverlasting wrote:Many happy returns of the day to Mel--with many more to come. And thank you for founding the Bogleheads!


+1 and happy birthday, Mel.
by sschullo
Mon Jun 22, 2015 5:12 pm
Forum: Investing - Theory, News & General
Topic: Retirees: Did you spend much time wringing your hands over Retirement Savings as Many on Forum Do Today?
Replies: 81
Views: 11757

Re: Retirees: Did you spend much time wringing your hands over Retirement Savings as Many on Forum Do Today?

I had to spend an inordinate amount of time planning for retirement cause back 25 years ago, there was no help I could trust. Insurance agents were hideous and my employer was no help either. All I wanted to do was invest in Vanguard Wellington and you would have thought I was Spartacus asking the R...
by sschullo
Mon Jun 22, 2015 9:19 am
Forum: Personal Consumer Issues
Topic: Visiting Nephews: Water Guns and Nerf Weapons
Replies: 29
Views: 3759

Re: Visiting Nephews: Water Guns and Nerf Weapons

Okay, you got lots of info about the kid stuff, now enjoy the "Richest Man in Babylon." :sharebeer
by sschullo
Sun Jun 21, 2015 4:37 pm
Forum: Investing - Theory, News & General
Topic: Why do Bogleheads/BiggerPocketers think there is only one way?
Replies: 123
Views: 14094

Re: Why do Bogleheads/BiggerPocketers think there is only one way?

Yeah, I have been there and done that with speculation. Heck, my portfolio gained 60% in 1999 and lost 70% the next two years. I know all about what you are talking about and its thanks, but no thanks. I have done a little renting a vacation home and renting a part of our house when we were young to...
by sschullo
Sun Jun 21, 2015 4:23 pm
Forum: Personal Consumer Issues
Topic: At what point do bogleheads look at bogleheads.org?
Replies: 15
Views: 3020

Re: At what point do bogleheads look at bogleheads.org?

Investing is supposed to be boring and other topics should be more interesting. As Dr. Paul Samuelson said, "Investing should be like grass growing, if you want excitement, take $800 to Las Vegas." I have had a similar portfolio since the tech bubble recovery in 2004. What I find fascinati...
by sschullo
Sun Jun 21, 2015 3:12 pm
Forum: Investing - Help with Personal Investments
Topic: Bond Funds and Raising Interest Rates
Replies: 41
Views: 5391

Re: Bond Funds and Raising Interest Rates

I think the OP's issue is he doesn't understand bonds. I don't think people should invest in things they do not understand. If he has a better understanding of CD's, there is nothing wrong with putting "safe" money there. Of course, there is nothing wrong with CDs. CDs are fine as a part ...
by sschullo
Sun Jun 21, 2015 3:04 pm
Forum: Personal Consumer Issues
Topic: Non-Bogleheads approach to changing cars?
Replies: 44
Views: 4978

Re: Non-Bogleheads approach to changing cars?

Back to OP question: IMO, non bogleheads (aka non frugal people) would purchase a new car every 3 years. Frugal people would buy a new car every ten years, and bogleheads would buy a used good car and keep it ten or more years. Frugal and bogleheads have a lot less ego and can resist the consumption...
by sschullo
Sun Jun 21, 2015 12:04 pm
Forum: Personal Consumer Issues
Topic: Pools in San Jose - Worth it?
Replies: 7
Views: 1239

Re: Pools in San Jose - Worth it?

Don't do it. Live in the desert and have a pool and it only stays warm by nature for 3.5 months, during the hot summer months. Just to heat it during the winter for a 3-day weekend brings up a gas bill of $200! Three Days! And then the maintenance, equipment failure and replacement, chemicals and ge...
by sschullo
Sun Jun 21, 2015 11:56 am
Forum: Investing - Help with Personal Investments
Topic: Bond Funds and Raising Interest Rates
Replies: 41
Views: 5391

Re: Bond Funds and Raising Interest Rates

But you don't want CDs for the rest of your life. Why not? 1. 100% in CDs is not a diversified portfolio 2. The returns will not keep up with inflation 3. Related to #2: The OP is only 52 and CDs will be at risk of not reaching his goals, assuming he needs this money to finance retirement. Who said...
by sschullo
Sun Jun 21, 2015 9:57 am
Forum: Personal Consumer Issues
Topic: Free Windows 10 Upgrade, Yes or No?
Replies: 104
Views: 9970

Re: Free Windows 10 Upgrade, Yes or No?

We moved everything to Apple the last couple of years. No interest in ever moving back to Windows. Apple's products are so easy and they just work! +1000 I agree if you have the money for their expensive products. I could afford them but I did not want to pay excessively high prices. $1300 for thei...
by sschullo
Sun Jun 21, 2015 7:16 am
Forum: Investing - Help with Personal Investments
Topic: Bond Funds and Raising Interest Rates
Replies: 41
Views: 5391

Re: Bond Funds and Raising Interest Rates

Call_Me_Op wrote:
sschullo wrote: But you don't want CDs for the rest of your life.


Why not?

1. 100% in CDs is not a diversified portfolio
2. The returns will not keep up with inflation
3. Related to #2: The OP is only 52 and CDs will be at risk of not reaching his goals, assuming he needs this money to finance retirement.
by sschullo
Sat Jun 20, 2015 7:21 pm
Forum: Investing - Help with Personal Investments
Topic: 401K advisor Qusestions
Replies: 25
Views: 2588

Re: 401K advisor Qusestions

I have spent most of the day picking apart the proposal and its starting to look like they didn't put in the right annual fees for what they were proposing. For some reason the fees are lower in the simulation that they put together than what they will actually be charging. I hope I'm looking at th...
by sschullo
Sat Jun 20, 2015 11:28 am
Forum: Investing - Help with Personal Investments
Topic: Bond Funds and Raising Interest Rates
Replies: 41
Views: 5391

Re: Bond Funds and Raising Interest Rates

Hi all. Last year I moved 30% my portfolio into bonds funds, 24% into Vanguard's Total Bond Market Fund and 6% to Vanguard's Total International Bond Fund. 30% is about $230,000. These are my first investments in any kind of bonds so bonds are new to me. Everything I read tells me these funds will ...
by sschullo
Sat Jun 20, 2015 10:21 am
Forum: Personal Consumer Issues
Topic: Your Top 10 Books
Replies: 56
Views: 7172

Re: Your Top 10 Books

Mine are: 1. Siddhartha by Herman Hesse 2. SteppenWolf by Herman Hesse 3. Anna Karenina by Leo Tolstoy 4. The God Delusion by Richard Dawkins 5. Dandelion Wine by Ray Bradbury 6. The Bogleheads Guide to Investing by Taylor Larimore, Mel Lindauer, Michael LeBouef 7. The Hobbit by Tolkien 8. Moby Dic...
by sschullo
Fri Jun 19, 2015 4:38 pm
Forum: Investing - Help with Personal Investments
Topic: 401K advisor Qusestions
Replies: 25
Views: 2588

Re: 401K advisor Qusestions

You have failed in your fiduciary duty and hired the wrong advisor. Your committee members should be strong enough to call him out and tell him that you only want passively-managed, low-expense ratio index funds. And you should not be afraid to ask him about kickbacks and other compensation. Period...
by sschullo
Fri Jun 19, 2015 7:59 am
Forum: Investing - Help with Personal Investments
Topic: Need good advice for a bad 401K
Replies: 12
Views: 1135

Re: Need good advice for a bad 401K

Glad to hear it's not as bad as I thought. I guess the fees are just higher than I'm used to. One more thing about costs, are there third party administrator costs for record keeping and enrollments? Usually in 401K plans your company pays for this, but not always. BTW I would not pay 1.09% for the...
by sschullo
Mon Jun 15, 2015 7:52 pm
Forum: Investing - Theory, News & General
Topic: Brighter Future? workers vs retirees expectations
Replies: 18
Views: 2701

Re: Brighter Future? workers vs retirees expectations

Smug.....I was 58 when I lost my job with a mortgage and a family. Did I give up or get scared, no I found a job with a Fortune 500 company. Glad it worked out for you. It does not always work out even for those who are tenacious enough to pursue any opportunity in the face of countless odds. I gue...
by sschullo
Sat Jun 13, 2015 11:27 am
Forum: Investing - Theory, News & General
Topic: Aren't bogleheads predicting the long term?
Replies: 84
Views: 8619

Re: Aren't bogleheads predicting the long term?

The only thing you need to do for long term investing is believe in the economic system and the creativity of the human race. It's also a good idea to diversify internationally and in assets besides stocks. :idea: Paul Yes! There is no company board in the world that announces to themselves or to t...
by sschullo
Sat Jun 13, 2015 11:17 am
Forum: Investing - Theory, News & General
Topic: Wellington & Wellesley
Replies: 60
Views: 8985

Re: Wellington & Wellesley

Personally, I like Wellesley and Wellington, as I'm retired and not trying to "Swing for the Fences". Looking at their track record, for over a decade, I'll just put this link up for you. I, and others are happy with 5-9% returns on average. Hopefully, those who are young, and swinging fo...
by sschullo
Thu Jun 11, 2015 10:46 am
Forum: Personal Finance (Not Investing)
Topic: Boglehead Interviewed about 403(b) plans and Published on M*
Replies: 8
Views: 1006

Re: Boglehead Interviewed about 403(b) plans and Published on M*

This is Part II of my interview: http://www.morningstar.com/advisor/t/106318488/a-way-around-costly-403-b-plans.htm I thank Morningstar Advisor and fiduciary attorney, W. Scott Simon, for taking an interest in this esoteric retirement plan and what the employee-led members on our advisory committee ...
by sschullo
Thu Jun 11, 2015 10:24 am
Forum: Investing - Theory, News & General
Topic: Wellington & Wellesley
Replies: 60
Views: 8985

Re: Wellington & Wellesley

Thank you fidelio. The active management aficionados love to confuse people by showing that active management Wellesley and Wellington works because they are low cost. That's not the entire picture, they are maintaining a large cap value. That is not truly active. So far, we investors have been luc...
by sschullo
Thu Jun 11, 2015 10:22 am
Forum: Investing - Theory, News & General
Topic: Wellington & Wellesley
Replies: 60
Views: 8985

Re: Wellington & Wellesley

Thank you fidelio. The active management aficionados love to confuse people by showing that active management Wellesley and Wellington works because they are low cost. That's not the entire picture, they are maintaining a large cap value. That is not truly active. So far, we investors have been luc...
by sschullo
Thu Jun 11, 2015 8:59 am
Forum: Investing - Theory, News & General
Topic: Wellington & Wellesley
Replies: 60
Views: 8985

Re: Wellington & Wellesley

as partially pointed out above, they are not truly active funds, but consistently follow a formula -- as articulated in the fund literature, if one is interested. the fund managers do not go around buying random stocks, but stick to their formulae, which involve specific types of equities, divedend...
by sschullo
Thu Jun 11, 2015 6:11 am
Forum: Investing - Theory, News & General
Topic: Wellington & Wellesley
Replies: 60
Views: 8985

Re: Wellington & Wellesley

I invest in Wellington and Wellesley as my large-cap value tilt and little else. I don't see them as actively-managed in the traditional sense that the managers are "trying to beat the market." They follow a certain goal and a philosophy of buying and selling bond and equity securities wit...
by sschullo
Wed Jun 10, 2015 8:50 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio help - 403b TIAA CREF options
Replies: 17
Views: 1021

Re: Portfolio help - 403b TIAA CREF options

When I used Tiaa Cref, I invested in the following three funds a decade ago. It was simple, provided broad diversification domestically and world-wide at relatively low costs. When I retired, I rolled my 403b over to Vanguard. Hope this helps, CREF Equity Index Account (R1) QCEQRX - 0.61% CREF Globa...
by sschullo
Wed Jun 10, 2015 12:43 pm
Forum: Investing - Help with Personal Investments
Topic: I just don't understand bonds...
Replies: 17
Views: 2341

Re: I just don't understand bonds...

Read Larry's (Swedroe) "Winning Bond Strategy" and Russell Wild's "Bond Investing for DUMMIES."
by sschullo
Wed Jun 10, 2015 8:38 am
Forum: Investing - Theory, News & General
Topic: "Do You Know How Much You're Paying?"
Replies: 44
Views: 6992

Re: "Do You Know How Much You're Paying?"

In answering Taylor's question: I am paying .13% fees for an all Vanguard portfolio. (WAIVER to Los Angeles Unified SD Employees: The following table about adding on AUM for hiring an adviser is HYPOTHETICAL. The 457b plan does NOT charge Assets Under Management fees, and it does NOT have fee only a...
by sschullo
Sun Jun 07, 2015 7:47 am
Forum: Personal Finance (Not Investing)
Topic: What If Creeping Dementia Impairs Your Financial Judgment?
Replies: 25
Views: 3479

Re: What If Creeping Dementia Impairs Your Financial Judgment?

Good question. As with most Bogleheads, currently we can manage our money and also realize that life has its way as we get older. Thus, we are thinking of a plan B. I suppose there are several options that we have not checked out: a trust, a low cost annuity, etc. But we have a fee-only financial pl...

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