Search found 3712 matches

by staythecourse
Wed Aug 26, 2015 1:42 pm
Forum: Personal Finance (Not Investing)
Topic: Got a great entry level full time offer (70K + 10K signing bonus), not sure if I should accept or decline
Replies: 35
Views: 3775

Re: Got a great entry level full time offer (70K + 10K signing bonus), not sure if I should accept or decline

Welcome to the real world. Not everyone is working in a career, but are settled in the idea of "my job for now". The most mature thing to do is take the current job. It is stable, great benefits, gives you real world working experience, something to put on your resume if you will be leavin...
by staythecourse
Wed Aug 26, 2015 10:49 am
Forum: Investing - Theory, News & General
Topic: Why do Markets Crash in the Middle of the Month?
Replies: 12
Views: 1067

Re: Why do Markets Crash in the Middle of the Month?

What would be the harm of immediately building their cash reserves with an infusion from their current bond allocation?[/i] Many investors keep 10%, 20%, and 30% cash on hand to take advantage of buying opportunities. By having cash on hand, when "buying opportunities" materialize, most i...
by staythecourse
Wed Aug 26, 2015 10:45 am
Forum: Investing - Theory, News & General
Topic: Anybody questioning use of an advisor at this volatile time?
Replies: 19
Views: 1368

Re: Anybody questioning use of an advisor at this volatile time?

I have and it is not for advice, but for someone to do the TLH on my behalf in my taxable. I am busy working everyday and did not even realize I had 20k in long term losses that just showed up this month until I checked 2 days ago. Next morning I put the orders in and TLH 14k (the market moved back ...
by staythecourse
Tue Aug 25, 2015 9:36 pm
Forum: Investing - Help with Personal Investments
Topic: VTI - "Market" order type
Replies: 25
Views: 1895

Re: VTI - "Market" order type

LIvesoft and Grabiner,

Much thanks. Looks like I got some reading to do!!

Good luck.
by staythecourse
Tue Aug 25, 2015 8:07 pm
Forum: Investing - Help with Personal Investments
Topic: VTI - "Market" order type
Replies: 25
Views: 1895

Re: VTI - "Market" order type

I am curious to hear other opinions on their approach to setting limit orders on buys and sells.

I work and do not have the patience to set a limit order and have to keep checking up to see if it filled and if not reorder at a different limit order.

Thanks in advance.
by staythecourse
Mon Aug 24, 2015 8:11 pm
Forum: Investing - Help with Personal Investments
Topic: Perspective:
Replies: 1
Views: 359

Perspective:

Just hoping all those who are on this site regularly or checking because everyone else is freaking out, i.e. media are keeping perspective in their lives. While the market dropped 500 points last week I did not even notice until today as I was getting acquainted with the newest addition to our famil...
by staythecourse
Mon Aug 24, 2015 8:00 pm
Forum: Investing - Help with Personal Investments
Topic: Cash is King
Replies: 13
Views: 1715

Re: Cash is King

This fits in the "who cares" category. Who cares if cash has been the best the last 1 yr. if you aren't expecting to use that money in the next 1-2 years. If you are then you better be in cash for the principle stability and NOT for returns. I will bet you the fact you have NOT been buying...
by staythecourse
Mon Aug 24, 2015 2:02 pm
Forum: Investing - Theory, News & General
Topic: Help find a prior post: Sensible advice during crash
Replies: 11
Views: 791

Re: Help find a prior post: Sensible advice during crash

Was it this fabulous post by Nisiprius? "A time to EVALUATE your jitters" posted on 8/7/2011 www.bogleheads.org/forum/viewtopic.php?f=1&t=79939 I remember this post it was when the U.S. sovereign bonds were going to be downgraded. An exciting time for the financial porn industry!! Gre...
by staythecourse
Mon Aug 24, 2015 11:28 am
Forum: Investing - Theory, News & General
Topic: The Bogleheads' Silent Majority
Replies: 171
Views: 11753

Re: The Bogleheads' Silent Majority

I began reading this forum when it was Morningstar Diehards about 2002, but never posted a Q because I felt, for some silly reason, too financially uneducated. Of course, it was ridiculous - I would have received wonderful help. Instead I was the "silent majority" and stayed up until 3:00...
by staythecourse
Sun Aug 23, 2015 11:59 am
Forum: Investing - Theory, News & General
Topic: Rebalancing bands revisited, a proposal
Replies: 37
Views: 2705

Re: Rebalancing bands revisited, a proposal

..., BUT a definite increase in costs the more you rebalance. I wonder about the exaggeration of the effects of costs because I do not see myself paying any costs. There doesn't seem to be any costs nowadays to do rebalancing in tax-advantaged accounts. For instance, Vanguard does not charge any lo...
by staythecourse
Sun Aug 23, 2015 10:06 am
Forum: Investing - Theory, News & General
Topic: Rebalancing bands revisited, a proposal
Replies: 37
Views: 2705

Re: Rebalancing bands revisited, a proposal

As for rebalancing bands, we know the 5/25 seems to be popular, but where did these numbers come from? It is popular here, if memory serves first promulgated by Larry. Not sure how widely it is popular. He likely had some data. Later there was a paper, wish I could remember which journal, that look...
by staythecourse
Fri Aug 21, 2015 6:40 pm
Forum: Personal Finance (Not Investing)
Topic: With Stock Market heading south
Replies: 95
Views: 10757

Re: With Stock Market heading south

It's simple. If the current market noise is bothering you, you probably have the wrong asset allocation. I thought I read somewhere that 401k participants accounts were looked at over the 2008-9 period and found MAJORITY of folks did not sell anything. So the myth that folks sell when the market ta...
by staythecourse
Tue Aug 18, 2015 5:06 am
Forum: Personal Finance (Not Investing)
Topic: Behavioral Interview for Leadership Posistion
Replies: 31
Views: 3439

Re: Behavioral Interview for Leadership Posistion

Stay the course, a behavioral interview is a very specific technique. The interviewer will not ask about your vision for the company. The interview specifically does not want to focus on what you "say you will do" but rather to "describe what you have done." The technique is to ...
by staythecourse
Mon Aug 17, 2015 10:32 pm
Forum: Personal Finance (Not Investing)
Topic: Behavioral Interview for Leadership Posistion
Replies: 31
Views: 3439

Re: Behavioral Interview for Leadership Posistion

I'm a physician and have NO clue about the business world so take the whole post with a grain of salt, but can say what I would want if I was in the interviewers shoes outside of the obvious (looks and talks the "part", confident, loyal to company, instills confidence in his/her team, work...
by staythecourse
Mon Aug 17, 2015 10:42 am
Forum: Investing - Help with Personal Investments
Topic: Critique My Portfolio - Aggressive AA/Tilts
Replies: 9
Views: 910

Re: Critique My Portfolio - Aggressive AA/Tilts

Just wanted to ask those with really aggressive portfolios AND who say they would never sell what their plan is if they get fired? I would say unless you are a physician, tenured professor, or governmental employee the chances of you losing your job is REAL and likely would be the same time the mark...
by staythecourse
Sun Aug 16, 2015 11:23 am
Forum: Investing - Theory, News & General
Topic: When do you notice the compounding at work?
Replies: 52
Views: 7204

Re: When do you notice the compounding at work?

Compounding in equities is illusory, at best. Sorry, but that is just so wrong. Compounding is just math. I think you are trying to say CD compounding is predictable and equities is not. I am actually happy that is it unpredictable. If it wasn't there would be no risk premium over CD. It is the mos...
by staythecourse
Sat Aug 15, 2015 11:07 pm
Forum: Investing - Help with Personal Investments
Topic: Re-evaluating AA and %international equity
Replies: 16
Views: 1554

Re: Re-evaluating AA and %international equity

This is the reason I am 50/50. I can never second guess myself on which one to overweight with whatever form of rationalization or intellectualization I am feeling at the time.

Good luck.
by staythecourse
Sat Aug 15, 2015 10:48 am
Forum: Investing - Theory, News & General
Topic: When do you notice the compounding at work?
Replies: 52
Views: 7204

Re: When do you notice the compounding at work?

I have about 180k in our retirement accounts. I haven't seen much growth at all in these accounts over the last year or two apart from my contributions. Using the figures from my out-of-date SBBI handbook, from 1926 through 2009: --There were 11 five-year periods during which a 100% stocks lost mon...
by staythecourse
Fri Aug 14, 2015 7:57 pm
Forum: Investing - Theory, News & General
Topic: When do you notice the compounding at work?
Replies: 52
Views: 7204

Re: When do you notice the compounding at work?

I would say Mr. Clement describes this as "critical mass" in his excellent books. This is the point where one makes MORE money from portfolio growth then they do with the summation of annual contributions. Looking at different graphs it really seems like for most it is the last 10 yrs. of ...
by staythecourse
Thu Aug 13, 2015 8:22 pm
Forum: Personal Finance (Not Investing)
Topic: Seeking advice in a hostile office now
Replies: 43
Views: 6722

Re: Seeking advice in a hostile office now

Interesting replies. It seems everyone is planning a trial that will go to the Supreme Court or a made for t.v. movie based on their approaches. The reality is America and all its states are "at will". This means no matter what the contract says you can get fired for ANYTHING outside of th...
by staythecourse
Thu Aug 13, 2015 7:04 pm
Forum: Investing - Theory, News & General
Topic: Cap-weight indexers, how do you explain these graphs?
Replies: 64
Views: 3214

Re: Cap-weight indexers, how do you explain these graphs?

Nisi, Can't speak on others behalf, but I assume the correlation of all equities are and will be high going forward. The reason I diversify between the different subassets in U.S. and international is because I don't know WHICH subasset will do the best to put 100% into that subasset class. I don't ...
by staythecourse
Thu Aug 13, 2015 4:58 pm
Forum: Investing - Theory, News & General
Topic: Money Mag:Why Vanguard Founder Jack Bogle Doesn’t Like Investing in Foreign Markets
Replies: 64
Views: 6581

Re: Money Mag:Why Vanguard Founder Jack Bogle Doesn’t Like Investing in Foreign Markets

Does it matter what Mr. Bogle thinks? The only thing that matters is what YOU think. It is each individual who will have to stay the course through the many bear markets to come and that will be more likely if they made an asset allocation that is right for them and not because Mr. Bogle said this o...
by staythecourse
Thu Aug 13, 2015 9:42 am
Forum: Investing - Theory, News & General
Topic: 12yo son's investing class at school driving me nuts
Replies: 46
Views: 8454

Re: 12yo son's investing class at school driving me nuts

The reason we index and the reason security selection is a loser's game is because NO ONE knows which one's will outperform and which will underperform. Jim Simons has averaged 71.8% annual returns (before fees) for the past 20 years You could work out the statistical likelihood of achieving that b...
by staythecourse
Thu Aug 13, 2015 9:11 am
Forum: Investing - Theory, News & General
Topic: 12yo son's investing class at school driving me nuts
Replies: 46
Views: 8454

Re: 12yo son's investing class at school driving me nuts

I pulled up the charts on GMCR last fall, and I showed him how this was just another case of people chasing past returns. And I told him, "Let's look at this in a year or two, and I'll bet you anything GMCR underforms the total stock market." Why would you say that as it is CLEARLY wrong....
by staythecourse
Thu Aug 13, 2015 9:11 am
Forum: Investing - Theory, News & General
Topic: 12yo son's investing class at school driving me nuts
Replies: 46
Views: 8454

Re: 12yo son's investing class at school driving me nuts

I pulled up the charts on GMCR last fall, and I showed him how this was just another case of people chasing past returns. And I told him, "Let's look at this in a year or two, and I'll bet you anything GMCR underforms the total stock market." Why would you say that as it is CLEARLY wrong....
by staythecourse
Wed Aug 12, 2015 2:56 pm
Forum: Investing - Theory, News & General
Topic: Cap-weight indexers, how do you explain these graphs?
Replies: 64
Views: 3214

Re: Cap-weight indexers, how do you explain these graphs?

The Callan Periodic Table shows how variable some parts of the market can be. Funny, but that is one of the big reasons I do NOT cap weight. Cap weighted TSM is 70% LCB so look at the box on the table for Sp500 and that is basically what you are betting on. I prefer to have an equal weight so no ma...
by staythecourse
Wed Aug 12, 2015 9:06 am
Forum: Personal Finance (Not Investing)
Topic: How much is too much?
Replies: 42
Views: 5321

Re: How much is too much?

I have to admit that the idea of having "too much" is pretty foreign to me. If you are unhappy in the present, then you are probably doing something wrong, or at least sub-optimally. Spending more money is not guaranteed to fix that, but it might. Experiment with it. Take a moderate amoun...
by staythecourse
Tue Aug 11, 2015 12:07 pm
Forum: Investing - Help with Personal Investments
Topic: Coworkers Ignorant to Retirement Savings and Investing
Replies: 41
Views: 3902

Re: Coworkers Ignorant to Retirement Savings and Investing

You may be right, but some people consider money, religion, and politics to be inappropriate topics for "polite" conversation. In fact, I would prefer that my colleagues and particularly my employees knew as little as possible about my personal finances -even my approach. I was referring ...
by staythecourse
Tue Aug 11, 2015 9:20 am
Forum: Investing - Help with Personal Investments
Topic: Coworkers Ignorant to Retirement Savings and Investing
Replies: 41
Views: 3902

Re: Coworkers Ignorant to Retirement Savings and Investing

I do say one of the BIGGEST problems this lack of knowledge still occurs is actually because of us. When you have one of us retire early OR be known as being financially secure and when asked the answers we give is a modest "oh I was just lucky" or something to that extent. If we were hone...
by staythecourse
Mon Aug 10, 2015 8:03 pm
Forum: Investing - Theory, News & General
Topic: The Financial Samurai/Sam Dogen: "Investment Philosophies From Jack Bogle, Founder Of The Vanguard Group"
Replies: 5
Views: 549

Re: The Financial Samurai/Sam Dogen: "Investment Philosophies From Jack Bogle, Founder Of The Vanguard Group"

Don’t worry about finding the next unicorn stock. Focus on the big picture. Thanks for the reminder. I'm a physician and had a device rep. come in today and tell me about this new technology that just got FDA approval. The studies were pretty remarkable and should be a game changer in my field. I p...
by staythecourse
Mon Aug 10, 2015 4:52 pm
Forum: Investing - Theory, News & General
Topic: Random Walk Down Wall Street - Sample Portfolio 2015
Replies: 21
Views: 2206

Re: Random Walk Down Wall Street - Sample Portfolio 2015

The issue I have is there simply is NO such thing as "bond substitutes". I have NEVER seen a major player in the field of finance claim there is a superasset class called "bond substitutes". Just because you want there to be that doesn't make it so. Bonds are bonds and as such d...
by staythecourse
Mon Aug 10, 2015 8:36 am
Forum: Investing - Theory, News & General
Topic: Random Walk Down Wall Street - Sample Portfolio 2015
Replies: 21
Views: 2206

Re: Random Walk Down Wall Street - Sample Portfolio 2015

Everyone has their own opinion. Who is right or wrong is evident ONLY in retrospect and by then it is too late to change anything (unless you have a time machine). The issue I have is there simply is NO such thing as "bond substitutes". I have NEVER seen a major player in the field of fina...
by staythecourse
Sun Aug 09, 2015 8:04 am
Forum: Personal Finance (Not Investing)
Topic: Got laid off last Friday
Replies: 53
Views: 8472

Re: Got laid off last Friday

I would not withdraw from the 401k. It is like robbing Peter to pay Paul. You need to have retirement funds so no long term benefit of doing that just to help out the now (especially if you are true that your work talent will only max. out at 15 dollars/ hour going forward). I would seriously consid...
by staythecourse
Fri Aug 07, 2015 10:35 pm
Forum: Investing - Help with Personal Investments
Topic: Get to 2.4 million in 10 years
Replies: 22
Views: 4598

Re: Get to 2.4 million in 10 years

I would WITHOUT a doubt be contributing to one's 401k BEFORE taxable investing. You are increasing your tax bill by 18k x0.33 GAURANTEED. No matter how bad your 401k is I can guarantee the ER is not 33%. You also have to realize you are young and I would say doubtful you will even stay in your job ...
by staythecourse
Fri Aug 07, 2015 12:05 pm
Forum: Investing - Help with Personal Investments
Topic: Get to 2.4 million in 10 years
Replies: 22
Views: 4598

Re: Get to 2.4 million in 10 years

I would WITHOUT a doubt be contributing to one's 401k BEFORE taxable investing. You are increasing your tax bill by 18k x0.33 GAURANTEED. No matter how bad your 401k is I can guarantee the ER is not 33%. You also have to realize you are young and I would say doubtful you will even stay in your job f...
by staythecourse
Wed Aug 05, 2015 1:21 pm
Forum: Investing - Help with Personal Investments
Topic: $13 Million Goal for Early Retirement (am I crazy?)
Replies: 128
Views: 13328

Re: $13 Million Goal for Early Retirement (am I crazy?)

Can't speak for others, but I have no problem believing what the OP states as fact. The thing that would help is if folks are going to list numbers they should mention any windfalls. If folks did it would prevent further inquiries which is NOT because folks don't believe what they are saying, but be...
by staythecourse
Wed Aug 05, 2015 8:55 am
Forum: Investing - Help with Personal Investments
Topic: High income earners (300k) without employee retirement options (401k/403b)
Replies: 15
Views: 1678

Re: High income earners (300k) without employee retirement options (401k/403b)

Can u approach your bosses and be on a 1099 vs. W2? Of course, there are a lot of other considerations, i.e. self employment taxes, but that would allow you to save 52k/ year in a individual 401k.

Good luck.
by staythecourse
Wed Aug 05, 2015 8:51 am
Forum: Investing - Help with Personal Investments
Topic: $13 Million Goal for Early Retirement (am I crazy?)
Replies: 128
Views: 13328

Re: $13 Million Goal for Early Retirement (am I crazy?)

My uncle made $1 million per year as a skin cancer surgeon, and his plan (before he sadly developed cancer and passed away) was to retire at age 60 with $7 million. Interesting. This thread had unrealistic expectations on how much one can generate and your uncle had too low expectations. Making 1mi...
by staythecourse
Wed Aug 05, 2015 8:39 am
Forum: Personal Finance (Not Investing)
Topic: Have you ever encountered hostility because people think you're "rich"?
Replies: 71
Views: 5436

Re: Have you ever encountered hostility because people think you're "rich"?

Artsdoctor wrote:Soon thereafter, I left the practice and moved to LA.


Good way to make sure no one mistakes you for the rich moving to socal!! :D
by staythecourse
Wed Aug 05, 2015 8:38 am
Forum: Personal Finance (Not Investing)
Topic: Have you ever encountered hostility because people think you're "rich"?
Replies: 71
Views: 5436

Re: Have you ever encountered hostility because people think you're "rich"?

People will always be envious and jealous of what they don't have especially if someone else has it. It is human behavior. A mature approach to these "feelings" is to be constructive and either work hard to attain one's own wealth and/ or decide money will not bring happiness and focus on ...
by staythecourse
Tue Aug 04, 2015 10:07 pm
Forum: Investing - Help with Personal Investments
Topic: $13 Million Goal for Early Retirement (am I crazy?)
Replies: 128
Views: 13328

Re: $13 Million Goal for Early Retirement (am I crazy?)

Alex is right, just assume they each had $75k to invest ten years ago and that's $300k today. Done. Not so done. His post states that money for college was taken and later used to purchase the home he lives in which may explain him not having a mortgage. So is the rest of the 250k+ all internal gro...
by staythecourse
Tue Aug 04, 2015 4:52 pm
Forum: Personal Finance (Not Investing)
Topic: Husband's nursing home costs eating up inheritance and savings.
Replies: 25
Views: 4413

Re: Husband's nursing home costs eating up inheritance and savings.

Best to contact a lawyer specializing in this arena. I am assuming there are very specific laws preventing folks from gaming the system by transferring money out of their names at the last minute. Right or wrong I don't think the law cares if you are trying to protect assets for your own consumption...
by staythecourse
Tue Aug 04, 2015 4:20 pm
Forum: Investing - Help with Personal Investments
Topic: $13 Million Goal for Early Retirement (am I crazy?)
Replies: 128
Views: 13328

Re: $13 Million Goal for Early Retirement (am I crazy?)

I discovered Vanguard mutual funds when looking where to invest my first Roth contribution at age 16 I have been maxing out my Roth since age 16 through part time jobs/summer internships before I began full time work ~7 years ago My wife has been maxing out her Roth since age 16 through part time j...
by staythecourse
Tue Aug 04, 2015 12:09 pm
Forum: Personal Finance (Not Investing)
Topic: Physician Asset Protection
Replies: 35
Views: 3721

Re: Physician Asset Protection

Don't go crazy over asset protection. Just get good malpractice and don't do anything malicious to your patients. The odds of you getting sued and loosing your personal assets is extremely low. Agree 100%. NEJM had a good article in the last 10 years or so about malpractice. Most of the cases get d...
by staythecourse
Tue Aug 04, 2015 11:38 am
Forum: Personal Finance (Not Investing)
Topic: What's Your Definition of "Success", Investing or Otherwise?
Replies: 16
Views: 1502

Re: What's Your Definition of "Success", Investing or Otherwise?

For ordinary people: "Living life on your own terms" For extraordinary people: "Being able to make someone else's life better" Did you just make that up? Kudos. That is something I am going to put on a postit and put on my mirror so I see it every morning. That is something to s...
by staythecourse
Tue Aug 04, 2015 11:30 am
Forum: Investing - Help with Personal Investments
Topic: $13 Million Goal for Early Retirement (am I crazy?)
Replies: 128
Views: 13328

Re: $13 Million Goal for Early Retirement (am I crazy?)

Rough Calculations: Starting at 700K, and assuming a 5% return, you'd need to contribute ~370K/yr to reach $13 million. At your current savings rate (~56k), you'd need a return of ~14%/yr to reach 13 million. That sounds very optimistic. OTOH, if you get 5% (real return, might also be optimistic) o...
by staythecourse
Tue Aug 04, 2015 11:29 am
Forum: Investing - Help with Personal Investments
Topic: $13 Million Goal for Early Retirement (am I crazy?)
Replies: 128
Views: 13328

Re: $13 Million Goal for Early Retirement (am I crazy?)

You living on an engineer's salary minus saving 40-50k minus taxes. Doing that for the next 20 years why would you think you need that much money? If you are LBYM for 50 yrs of your life (at that time) what makes you think you will even want to spend that much money per month. It isn't like a bell w...
by staythecourse
Sun Aug 02, 2015 6:19 pm
Forum: Investing - Theory, News & General
Topic: Barry (Ritholtz) Gives Larry (Swedroe) A Hug ... The Folly of Forecasting
Replies: 2
Views: 635

Re: Barry (Ritholtz) Gives Larry (Swedroe) A Hug ... The Folly of Forecasting

No offense, but you don't need a famous author or expert to not believe in market predictions. It is common sense. If you don't go to a psychic to predict on one's future wife, job, or where to live (as examples) why in the world would you believe in ANYONE to predict the movement of the markets whi...
by staythecourse
Sat Aug 01, 2015 10:07 am
Forum: Personal Finance (Not Investing)
Topic: Careers: MD, Non-MD, MBA, Engineering, Law, Teaching
Replies: 96
Views: 8958

Re: Careers: MD, Non-MD, MBA, Engineering, Law, Teaching

The first aspect for the OP to help decide will be their academic aptitude. Just because you want to be a MD (for example) does not mean you can become an MD. The different careers you mentioned have different levels of difficulty in regards to entrance requirements. If you are brilliant and have ph...
by staythecourse
Fri Jul 31, 2015 5:46 pm
Forum: Personal Finance (Not Investing)
Topic: Slate Article: Dream on Babyboomers-Semiretirement is a Myth
Replies: 53
Views: 8311

Re: Slate Article: Dream on Babyboomers-Semiretirement is a

It is naïve for any person who has worked to NOT have seen ageism in the workplace. Like it or not it exists. As more and more companies have to find ways to cut the liabilities side of the ledger to artificially boost profit margins the more the higher paid, i.e. "experienced" workers wi...

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