Search found 3130 matches

by stemikger
Thu Jul 30, 2015 6:58 am
Forum: Personal Finance (Not Investing)
Topic: Geico Auto Insurance
Replies: 57
Views: 3005

Re: Geico Auto Insurance

GEICO is awesome. I had two car accidents and one broken window. The first car accident happened when the car was parked in the street, so I had no one to go after. GEICO walked me through everything. Got my $1,000 deductible in record time. The second one was no fault a guy cut in front of me, agai...
by stemikger
Wed Jul 29, 2015 5:40 pm
Forum: Investing - Theory, News & General
Topic: Scott Burns – Don’t quit your day job.
Replies: 101
Views: 9864

Re: Scott Burns – Don’t quit your day job.

Doesn't this sum up the whole "listening to returns predictions/forecasts from 'people I respect' argument" in a nutshell? Even a broken clock is right twice a day. I'm beginning to wonder if when someone said "tune out the noise" they were referring to some of the noise on this...
by stemikger
Tue Jul 28, 2015 3:30 pm
Forum: Investing - Theory, News & General
Topic: 50/50 asset allocation
Replies: 69
Views: 5586

Re: 50/50 asset allocation

Do you think 60/40 is a good compromise if that is the route I want to go. I personally think the Vanguard retirement Income funds with only 30% in stocks is not enough to keep up with inflation and/or leave some behind to your heirs and hopefully some charities. I think 60/40 is a good compromise ...
by stemikger
Tue Jul 28, 2015 3:27 pm
Forum: Investing - Theory, News & General
Topic: 50/50 asset allocation
Replies: 69
Views: 5586

Re: 50/50 asset allocation

I wonder why Vanguard doesn't offer a 50/50 all in one fund. Do you think 60/40 is a good compromise if that is the route I want to go. I personally think the Vanguard retirement Income funds with only 30% in stocks is not enough to keep up with inflation and/or leave some behind to your heirs and ...
by stemikger
Mon Jul 27, 2015 7:18 am
Forum: Investing - Theory, News & General
Topic: Scott Burns – Don’t quit your day job.
Replies: 101
Views: 9864

Re: Scott Burns – Don’t quit your day job.

Waaa waaaa waaaaa Life is so hard. I can never retire. I better work until I'm 75 and then use a 1.5% withdrawal rate. Seriously people. It isn't half as dismal as most people seem to think for various reasons. # 1 You probably won't live 30 years after a standard retirement anyway. Average is 19 y...
by stemikger
Mon Jul 27, 2015 7:10 am
Forum: Investing - Theory, News & General
Topic: 50/50 asset allocation
Replies: 69
Views: 5586

Re: 50/50 asset allocation

kenner wrote:https://personal.vanguard.com/us/insights/saving-investing/model-portfolio-allocations

Might make a difference to some investors.


Thanks for the link.
by stemikger
Sun Jul 26, 2015 10:16 am
Forum: Investing - Theory, News & General
Topic: 50/50 asset allocation
Replies: 69
Views: 5586

Re: 50/50 asset allocation

hulburt1 wrote:I'm going to a 3 year living expenses in money fund and rest in total stock market and have the dividends put into the money fund all Vanguard.


Kind of sounds like what Buffett is doing for his wife. Hold enough in cash to feel secure and put the rest in the Vanguard 500 Index.
by stemikger
Sun Jul 26, 2015 10:14 am
Forum: Investing - Theory, News & General
Topic: 50/50 asset allocation
Replies: 69
Views: 5586

Re: 50/50 asset allocation

Scott Burns: Couch potato investing wins again Fun to read, by Scott Burns: http://www.dentonrc.com/business-tech/denton-business-headlines/20150214-scott-burns-couch-potato-investing-wins-again.ece Shameless disclaimer: My post shall not be taken as an investment recommendation--my signature appli...
by stemikger
Sun Jul 26, 2015 9:18 am
Forum: Investing - Theory, News & General
Topic: 50/50 asset allocation
Replies: 69
Views: 5586

Re: 50/50 asset allocation

VWIAX 0.18 ER. (38% equity/62% bond) VWENX 0.18 ER. (65% equity/35% bond) VASIX 0.14 ER. (20% equity/80% bond) VTI 0.05 ER. (100% equity) BND 0.07 ER. (100% bond) Is it really that hard to allocate and rebalance so that you choose to pay a multiple of the base ER which could add thousands to your c...
by stemikger
Sun Jul 26, 2015 9:11 am
Forum: Investing - Theory, News & General
Topic: Scott Burns – Don’t quit your day job.
Replies: 101
Views: 9864

Re: Scott Burns – Don’t quit your day job.

Scott Burns is sinking, in my book when it comes to financial articles. No one on this forum ever plans their retirement based on 1980. We look at the last 100 years and gauge our planning based on the worst case. In the early 1930s, there were no safety nets, such as medicare and Social Security, ...
by stemikger
Sun Jul 26, 2015 8:59 am
Forum: Investing - Theory, News & General
Topic: Scott Burns – Don’t quit your day job.
Replies: 101
Views: 9864

Re: Scott Burns – Don’t quit your day job.

Burt, from the looks of your picture, I think you have an alternative plan! :happy Yes, frugality and simplicity is a key component of my retirement plan. However, I do plan to splurge a bit and buy a nice bathrobe for when I venture out in public. :wink: burt Hey The Dude always was a happy guy, i...
by stemikger
Sun Jul 26, 2015 8:00 am
Forum: Personal Finance (Not Investing)
Topic: How much does Property Tax factor in home purchase?
Replies: 36
Views: 2543

Re: How much does Property Tax factor in home purchase?

I would find an option that enables to live below your means. You will sleep better in the long run. Hopefully your wife is on board. If she want's to keep up with the Jones's you may want to have a heart to heart with her. If you do, (which it doesn't sound like you do), it would benefit you to shi...
by stemikger
Sun Jul 26, 2015 7:46 am
Forum: Investing - Theory, News & General
Topic: Scott Burns – Don’t quit your day job.
Replies: 101
Views: 9864

Re: Scott Burns – Don’t quit your day job.

Hey Burt, This is nothing new. Even John Bogle agrees that we should expect lower future earnings. I also remember John Bogle talking to Motley fool in an interview that his wife didn't think they should take their social security checks, so he waited until he was 70 to take it and said that he coul...
by stemikger
Sun Jul 26, 2015 6:27 am
Forum: Investing - Theory, News & General
Topic: 50/50 asset allocation
Replies: 69
Views: 5586

50/50 asset allocation

When I first read about Scott Burns Couch Potato portfolio I became an instant fan. I am also a big fan of Peter Bernstein's article the 60/40 solution. When I first read about the Couch Potato portfolio, Scott suggests holding it for life. When I retire I would love to put my entire balance in the ...
by stemikger
Sat Jul 25, 2015 4:38 pm
Forum: Investing - Theory, News & General
Topic: Slice and Dice: why not?
Replies: 84
Views: 4555

Re: Slice and Dice: why not?

This is what Jack says from The Little Book of Common Sense Investing: - Slice-and-dice: Impressed both by the long-term performance (and recent performance) of value stocks and small-cap stocks, some investors hold the all-market (or S&P 500) index fund as the core, and add a value index fund a...
by stemikger
Fri Jul 24, 2015 9:27 pm
Forum: Investing - Help with Personal Investments
Topic: going to cash
Replies: 33
Views: 4791

Re: going to cash

OP, did you not listen to the advice in a single one of your other threads? :oops: https://www.bogleheads.org/forum/viewtopic.php?f=2&t=163397&p=2453279#p2453279 or another: "I agree with all of you, however, I am not a day trader. I am a value investor and hold for the long haul."...
by stemikger
Fri Jul 24, 2015 9:21 pm
Forum: Investing - Theory, News & General
Topic: "Total" Stock No More So than "Total" Bond
Replies: 52
Views: 3800

Re: "Total" Stock No More So than "Total" Bond

I won't fault my index funds for not holding junk bonds and pink sheets stocks. I sleep better at night this way. :beer +1 I say it doesn't matter. Look at the returns between the S&P 500 and the Total Stock Index. They are practically identical. Either one is good enough for me. Close enough i...
by stemikger
Wed Jul 22, 2015 11:57 pm
Forum: Investing - Theory, News & General
Topic: What 2008/09 has done to me
Replies: 158
Views: 18743

Re: What 2008/09 has done to me

I would like to share an experience I had today. I never realized how 2008/09 effected me. I work for a large Wall Street Law firm (not a lawyer) for 20 years. This firm was very solid and has a 100 year history and very well respected. In 08/09 I watched all my co-workers (friends) get laid off. I...
by stemikger
Wed Jul 22, 2015 10:26 pm
Forum: Personal Finance (Not Investing)
Topic: Bogle backfire?
Replies: 66
Views: 7710

Re: Bogle backfire?

Interesting post. It's all about risk and reward. The bigger house would have become a nightmare if you lost your job and needed to get by on unemployment for a while. Also, individual stocks, we all know how that can go. Should we all just be 100% in equities. In the long run, we probably will have...
by stemikger
Wed Jul 22, 2015 4:04 pm
Forum: Investing - Theory, News & General
Topic: Asking 401K Plan to add fund
Replies: 4
Views: 418

Asking 401K Plan to add fund

I was wondering if the administrators of the 401K plan at my job can add a fund for me or just simply put me in it. Is this overstepping my bounds? I am currently 60/40 - 60% in the Vanguard Institutional Index Fund and 40% in the Black Rock U.S. Debt Index Fund. The only balanced fund they offer fr...
by stemikger
Wed Jul 22, 2015 5:05 am
Forum: Investing - Theory, News & General
Topic: What 2008/09 has done to me
Replies: 158
Views: 18743

Re: What 2008/09 has done to me

Hikes_With_Dogs wrote:
stemikger wrote: Now please understand I am in no way comparing this type of PTSD with what our poor young men AND WOMEN go through,.


Fixed that for you.


Thanks! Sorry about that, I am always in a rush when I post here. No disrespect intended. :beer
by stemikger
Wed Jul 22, 2015 1:53 am
Forum: Personal Consumer Issues
Topic: Worst financial book you have read (or will admit you have read)
Replies: 90
Views: 8514

Re: Worst financial book you have read (or will admit you have read)

A related point on "Rich Dad Poor Dad" author Robert Kiyosaki. Some years back, he and his wife gave a presentation as part of a pledge drive for PBS. I watched it because volunteers from my company happened to be working the phones that evening, and I thought it would be fun to see some ...
by stemikger
Mon Jul 20, 2015 9:32 pm
Forum: Local Chapters and Bogleheads Community
Topic: livesoft surpasses 40,000 posts!
Replies: 74
Views: 4866

Re: livesoft surpasses 40,000 posts!

Congratulations LIvesoft! You taught me a lot and brought back many memories of the Catholic Nuns that taught me. :beer
by stemikger
Mon Jul 20, 2015 2:57 pm
Forum: Investing - Theory, News & General
Topic: What 2008/09 has done to me
Replies: 158
Views: 18743

Re: What 2008/09 has done to me

So in closing, all my thoughts about becoming more aggressive (due to Warren Buffett's advice), I am sticking to my 60/40 portfolio because you never know when you will be called in HR. I rather keep some of what I have safer then the whims of the stock market and earn a little less. Just wanted to...
by stemikger
Mon Jul 20, 2015 1:46 pm
Forum: Investing - Theory, News & General
Topic: What 2008/09 has done to me
Replies: 158
Views: 18743

Re: What 2008/09 has done to me

As someone 31 years old, working at mega corp, and the primary breadwinner for a young family, this thread scares the bejeezes out of me Meaty, the only advice I will give to someone as young as yourself is LIVE BELOW YOUR MEANS. Invest the max in your 401K, save a big emergency fund and pay off yo...
by stemikger
Mon Jul 20, 2015 7:31 am
Forum: Investing - Theory, News & General
Topic: When did you start investing in the Market?
Replies: 60
Views: 3310

Re: When did you start investing in the Market?

I started at age 30 (1995). However for the first few years I didn't have a clue. My firm offered ten funds and I just thought you put 10% in each and you are diversified. I didn't know what asset allocation meant and I didn't know about index funds. Once I read about index funds, I was 50% S&P ...
by stemikger
Sat Jul 18, 2015 10:36 am
Forum: Investing - Help with Personal Investments
Topic: After Vanguard Retirement Date Fund, What else?
Replies: 3
Views: 398

Re: After Vanguard Retirement Date Fund, What else?

Nope! If this is for retirement, in a tax deferred vehicle, there is nothing else you need. It is designed to be a one fund complete portfolio. No need to add to it. If you have other short term goals and have taxable investments, that is something else. Can't answer without knowing if you even have...
by stemikger
Sat Jul 18, 2015 9:50 am
Forum: Personal Finance (Not Investing)
Topic: The Good the Bad and the Ugly of real estate
Replies: 79
Views: 10431

Re: The Good the Bad and the Ugly of real estate

As I've stated before, I am not the type of person who would be good at real estate investing. However, without trying and just pure luck, I think I did pretty good. I bought my Townhome in 1993 for $145K and today, being conservative I can probably get $400K. IMHO the best way to do well is think l...
by stemikger
Fri Jul 17, 2015 2:45 am
Forum: Personal Finance (Not Investing)
Topic: The Good the Bad and the Ugly of real estate
Replies: 79
Views: 10431

Re: The Good the Bad and the Ugly of real estate

Great idea, although I will never touch real estate with a ten foot pole, I am looking forward to reading from experienced investors. I do own the home I live in and that's enough for me. Hi stemikger, The lack of liquidity? Best. No Tony! I know it's probably not the norm and hopefully very rare, ...
by stemikger
Fri Jul 17, 2015 2:33 am
Forum: Personal Finance (Not Investing)
Topic: The Good the Bad and the Ugly of real estate
Replies: 79
Views: 10431

Re: The Good the Bad and the Ugly of real estate

Even just maintaining rentals is more work than index investing I got a chuckle out of this. Watching paint dry is more work then index investing. You don't have to do anything but you do have to have a job to keep adding money. Rebalance once every three years and go back on the couch and dream ab...
by stemikger
Thu Jul 16, 2015 5:28 pm
Forum: Investing - Theory, News & General
Topic: What 2008/09 has done to me
Replies: 158
Views: 18743

Re: What 2008/09 has done to me

In both cases the people who weren't laid off for the most part did worse. Extra work, fear and within a year or so lost their jobs as the work was outsourced. I can relate to this. Since both layoffs starting at 2008, the staff they let go was never replaced, but now that the workload is increasin...
by stemikger
Thu Jul 16, 2015 5:24 pm
Forum: Investing - Theory, News & General
Topic: What 2008/09 has done to me
Replies: 158
Views: 18743

Re: What 2008/09 has done to me

If my time comes, I am leaving with my head held high and I personally don't have anything in my desk, that I care to take with me. I'll leave it all behind. Except my bamboo back scratcher and who knows maybe as I'm walking out, I'll use it to scratch something else, to leave a lasting impression....
by stemikger
Thu Jul 16, 2015 5:21 pm
Forum: Personal Finance (Not Investing)
Topic: Do Bogleheads carry thin wallets? What's in your wallet?
Replies: 34
Views: 1876

Re: Do Bogleheads carry thin wallets? What's in your wallet?

Thin wallet man weighing in here.

One Credit Card
One Drivers License
One Health Insurance Card

I love simplicity in all areas of my life (even my wallet).
by stemikger
Thu Jul 16, 2015 9:20 am
Forum: Investing - Theory, News & General
Topic: Jack Bogle in this Month's Money Magazine
Replies: 71
Views: 7278

Re: Jack Bogle in this Month's Money Magazine

Silence Dogood wrote:stemikger,

I doubt most of them are in their 40s/50s.

My grandmother is 85 and I'm 24.


Your right, I was thinking wrong. 40s and 50s would be his kids age not his Grandkids. Thanks for the correction.
by stemikger
Thu Jul 16, 2015 9:04 am
Forum: Investing - Theory, News & General
Topic: Jack Bogle in this Month's Money Magazine
Replies: 71
Views: 7278

Re: Jack Bogle in this Month's Money Magazine

doesn't Balanced Index seem an overly conservative solo holding for young grandchildren? I prefer LifeStrategy Growth for that purpose, with its higher equity allocation and international diversification, though I guess JB wouldn't value the latter. I used wonder the same thing, but at 86, his Gran...
by stemikger
Thu Jul 16, 2015 6:35 am
Forum: Personal Finance (Not Investing)
Topic: The Good the Bad and the Ugly of real estate
Replies: 79
Views: 10431

Re: The Good the Bad and the Ugly of real estate

Great idea, although I will never touch real estate with a ten foot pole, I am looking forward to reading from experienced investors.

I do own the home I live in and that's enough for me.
by stemikger
Thu Jul 16, 2015 6:24 am
Forum: Investing - Theory, News & General
Topic: "My Too-Long Journey To Becoming An Index Fund Investor"
Replies: 12
Views: 2407

Re: "My Too-Long Journey To Becoming An Index Fund Investor"

Thank you Taylor, Great Article Rick and of course thanks to St. Jack.
by stemikger
Thu Jul 16, 2015 2:13 am
Forum: Personal Consumer Issues
Topic: Are you going to shop on Prime Day?
Replies: 89
Views: 7524

Re: Are you going to shop on Prime Day?

I'm a big fan of Amazon, but this was pretty lame. I didn't see any real bargains.
by stemikger
Thu Jul 16, 2015 1:45 am
Forum: Investing - Theory, News & General
Topic: Jack Bogle in this Month's Money Magazine
Replies: 71
Views: 7278

Re: Jack Bogle was right.

Bogleheads: I first read Mr. Bogle's thoughts on international investing in Bogle on Mutual Funds published in 1994. In that book he wrote: Given the incremental currency risk, not to mention the addition of sovereign risk (the risk that a nation will default on its financial obligations and the ri...
by stemikger
Wed Jul 15, 2015 10:35 pm
Forum: Investing - Theory, News & General
Topic: Jack Bogle in this Month's Money Magazine
Replies: 71
Views: 7278

Re: Jack Bogle was right.

Bogleheads: I first read Mr. Bogle's thoughts on international investing in Bogle on Mutual Funds published in 1994. In that book he wrote: Given the incremental currency risk, not to mention the addition of sovereign risk (the risk that a nation will default on its financial obligations and the ri...
by stemikger
Wed Jul 15, 2015 3:27 pm
Forum: Investing - Theory, News & General
Topic: Jack Bogle in this Month's Money Magazine
Replies: 71
Views: 7278

Re: Jack Bogle in this Month's Money Magazine

Every investor knows that S&P 500 (and, of course, US Total Stock Market) contains large international exposure. That is not the point. Market prices sometimes diverge; that's called "diversification". About 15 short years ago, the US stock market tanked while, at the same time, the i...
by stemikger
Wed Jul 15, 2015 2:40 pm
Forum: Investing - Theory, News & General
Topic: Jack Bogle in this Month's Money Magazine
Replies: 71
Views: 7278

Re: Jack Bogle in this Month's Money Magazine

Every investor knows that S&P 500 (and, of course, US Total Stock Market) contains large international exposure. That is not the point. Market prices sometimes diverge; that's called "diversification". About 15 short years ago, the US stock market tanked while, at the same time, the i...
by stemikger
Wed Jul 15, 2015 2:38 pm
Forum: Investing - Theory, News & General
Topic: Jack Bogle in this Month's Money Magazine
Replies: 71
Views: 7278

Re: Jack Bogle in this Month's Money Magazine

Hi Steve, When is the next "launch date" for the next thread on Jack Bogle's Two Fund Portfolio. I love reading your posts on this every week! Keep investing simple. Best. Thanks Tony! That will be comical, but after 20 years, I'm more confident than ever that Jack Bogle's simple message ...
by stemikger
Wed Jul 15, 2015 9:20 am
Forum: Personal Finance (Not Investing)
Topic: I tipped 15% and got a dirty look
Replies: 129
Views: 6806

Re: I tipped 15% and got a dirty look

I'm afraid that 15% is now considered a bad tip. 20% is considered the proper tip for decent service. This is true, but it really wouldn't amount to much more. I always tip 20% unless I get bad manners. I could deal with mistakes of all kind, but I can't deal with rudeness. Unfortunately most of th...
by stemikger
Wed Jul 15, 2015 9:16 am
Forum: Investing - Theory, News & General
Topic: What 2008/09 has done to me
Replies: 158
Views: 18743

Re: What 2008/09 has done to me

My employer is loyal to me until they're not; and I am loyal to them until I'm not. Great point! I truthfully do not look at my employer the same way. Not because they had to do layoffs to survive, but I heard none of the Partners took a penny less of their huge bonuses. If they all got together an...
by stemikger
Wed Jul 15, 2015 8:53 am
Forum: Investing - Theory, News & General
Topic: Jack Bogle in this Month's Money Magazine
Replies: 71
Views: 7278

Re: Jack Bogle in this Month's Money Magazine

marklearnsbogle wrote:Many thanks for this. I don't think it's in the July issue, is it? At least I didn't find it. Looking forward!


It's in the August issue. Mine just came in the mail the other day. :beer
by stemikger
Wed Jul 15, 2015 5:16 am
Forum: Investing - Theory, News & General
Topic: Jack Bogle in this Month's Money Magazine
Replies: 71
Views: 7278

Re: Jack Bogle in this Month's Money Magazine

Heads Up! There is a great Q&A in Money Magazine entitled "Have Index Funds Won?" Answered by Jack Bogle. Without giving too much away, he is still not a fan of holding international and makes another excellent case on why it really does not matter. He also wrote Warren Buffett and as...
by stemikger
Wed Jul 15, 2015 12:14 am
Forum: Investing - Theory, News & General
Topic: Jack Bogle in this Month's Money Magazine
Replies: 71
Views: 7278

Re: Jack Bogle in this Month's Money Magazine

Munir wrote:Isn't it dangerous to "fall in love" with a mutual fund? :happy


Hey the heart wants, what the heart wants! :wink:
by stemikger
Wed Jul 15, 2015 12:11 am
Forum: Investing - Theory, News & General
Topic: Jack Bogle in this Month's Money Magazine
Replies: 71
Views: 7278

Re: Jack Bogle in this Month's Money Magazine

I side with Jack and for the past 21 years I have not held international in my very sophisticated two fund portfolio and one day it will be the more sophisticated one fund portfolio. . . You guessed it, the Vanguard Balanced Index Fund. Stemiger, are you saying your sophisticated two-fund portfolio...

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