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by stemikger
Tue May 26, 2015 7:28 am
Forum: Investing - Help with Personal Investments
Topic: Roth IRA Investment, Dave Ramsey Way?
Replies: 15
Views: 1421

Re: Roth IRA Investment, Dave Ramsey Way?

I wouldn't follow Dave's investment advice and by just choosing those two funds, you aren't either. If you believe in an all equity managed portfolio the way Dave suggests, do that. He claims, it doesn't matter if you pay more for the managed funds through his ELPs because he gets long term returns ...
by stemikger
Sun May 24, 2015 8:49 pm
Forum: Investing - Theory, News & General
Topic: Stemikger "Volatility is far from synonymous with risk."
Replies: 60
Views: 3399

Re: "Volatility is far from synonymous with risk."

Thanks Taylor. I would love to take the credit for this fantastic definition of risk and volatility, but this was taken from Warren Buffett's 2014 annual letter to his shareholders. When another poster quoted this, they failed to mention it, so it looked liked I wrote it. I'm flattered you thought ...
by stemikger
Sun May 24, 2015 8:24 pm
Forum: Investing - Theory, News & General
Topic: Stemikger "Volatility is far from synonymous with risk."
Replies: 60
Views: 3399

Re: Stemikger "Volatility is far from synonymous with risk."

Thanks Taylor. I would love to take the credit for this fantastic definition of risk and volatility, but this was taken from Warren Buffett's 2014 annual letter to his shareholders. When another poster quoted this, they failed to mention it, so it looked liked I wrote it. I'm flattered you thought I...
by stemikger
Sun May 24, 2015 7:28 am
Forum: Investing - Theory, News & General
Topic: Advice from John Bogle and Warren Buffett
Replies: 35
Views: 2642

Re: Advice from John Bogle and Warren Buffett

The S&P and The Total Market are so close in returns that I don't think it really matters. Warren Buffet suggests holding enough in cash to feel comfortable and he chooses treasuries for that reason and John Bogle does have some issues with the way the Total Bond Market is constructed but still ...
by stemikger
Sat May 23, 2015 12:41 pm
Forum: Investing - Theory, News & General
Topic: Bill Gross Thinks the End Is Near
Replies: 54
Views: 6778

Re: Bill Gross Thinks the End Is Near

It's posts like these that makes me think of this video and what Mr. Bogle says here. Everything you need to know about investing in 3 words.

https://www.youtube.com/watch?v=A0gQiz0pCyI
by stemikger
Sat May 23, 2015 6:48 am
Forum: Investing - Theory, News & General
Topic: Bill Gross Thinks the End Is Near
Replies: 54
Views: 6778

Re: Bill Gross Thinks the End Is Near

This guy feels the same way. http://finance.yahoo.com/news/stockman-stocks-bonds-crash-soon-124500059.html Now, who knows if Gross or Stockman are right, but what is the average investor to do. My 401K only has three options, Cash, Fixed Income and Stocks. So if they are both right, the only thing t...
by stemikger
Fri May 22, 2015 4:15 am
Forum: Investing - Help with Personal Investments
Topic: Vanguard Managed Payout Fund
Replies: 16
Views: 1889

Re: Vanguard Managed Payout Fund

I just finished reading Enough by John Bogle and Managed Payout Funds fall under Complexity in the chapter Too Much Complexity, Not Enough Simplicity. Even after reading what they are supposed to do for a retiree, I still don't understand them. They seem to go against the principles of asset allocat...
by stemikger
Fri May 22, 2015 2:39 am
Forum: Personal Consumer Issues
Topic: A trip to Disney World - What are the best days during Christmas time?
Replies: 33
Views: 1652

Re: A trip to Disney - What are the best days during Christmas time?

Under no circumstances would I visit Disney during that time period if you are concerned about crowds. I did a few years ago (a few days after Christmas) and the fire marshall had to shut the doors because it was overcrowded. We left halfway through the day. Miserable experience. I'm a Disney vacat...
by stemikger
Fri May 22, 2015 2:35 am
Forum: Personal Finance (Not Investing)
Topic: Career Advice: Follow "Passion" or Follow the Money?
Replies: 73
Views: 4186

Re: Career Advice: Follow "Passion" or Follow the Money?

tludwig23 wrote:Follow your passion. Sure, the other career path pays more. You'll spend all that extra money trying to buy the happiness you no longer have at work. Your current job provides enough income and security to live a comfortable life.


+1

No need to reply, the above says it all!!
by stemikger
Thu May 21, 2015 11:29 pm
Forum: Investing - Theory, News & General
Topic: What if the US stock market was only 25% of the world by market cap?
Replies: 37
Views: 2302

Re: What if the US stock market was only 25% of the world by market cap?

At this point, it would be very hard for me to invest in international. It's been over 20 years now I'm all U.S. stock and bond index. If something changed where not having international caused me to lose sleep at night, I think I would just pick one of Vanguard's all-in-one funds that include it. I...
by stemikger
Thu May 21, 2015 9:03 pm
Forum: Personal Finance (Not Investing)
Topic: much ado about coasting (through life)
Replies: 158
Views: 18817

Re: much ado about coasting (through life)

It sounds like you are burnt out by corporate America which is totally understandable, but IMHO you are too young to be this jaded and want to coast for the rest of your life. If I were you, I would take a break and maybe get into some sort of meaningful work where you can help people, maybe social...
by stemikger
Thu May 21, 2015 8:59 pm
Forum: Investing - Theory, News & General
Topic: W. Buffett can earn 50% return, why don't you?
Replies: 31
Views: 3167

Re: W. Buffett can earn 50% return, why don't you?

And let's just say, you find out you can sit and read SEC's Edgar filings for hours on end and understand the Prospectus, SAI, 10K, 8K, 485apos, etc. will you have the confidence to act on them in a big way. I personally can't understand the SEC Edgar documents, but if I was able to, I know I wouldn...
by stemikger
Thu May 21, 2015 11:03 am
Forum: Investing - Theory, News & General
Topic: W. Buffett can earn 50% return, why don't you?
Replies: 31
Views: 3167

Re: W. Buffett can earn 50% return, why don't you?

Warren Buffett has a talent for making the complex simple and explaining things to ordinary folks. The problem is that what Warren Buffett does is very difficult. If it were all so easy, each of us Bogleheads would be running our own mini-Berkshire-Hathaways. We aren't and we don't. Instead, we hav...
by stemikger
Wed May 20, 2015 9:08 pm
Forum: Investing - Theory, News & General
Topic: Your Questions for Jack Bogle Q&A @ Bogleheads Conference
Replies: 25
Views: 3476

Re: Your Questions for Jack Bogle Q&A @ Bogleheads Conference

Warren Buffett advises holding enough in cash to feel comfortable and keep the rest in an index fund, but does not recommend bonds. The advise is identical to your advice, but without the bonds. He suggests you hold enough cash to feel comfortable and just keep buying the Vanguard 500 Index. Mr. Bog...
by stemikger
Wed May 20, 2015 4:17 am
Forum: Personal Finance (Not Investing)
Topic: much ado about coasting (through life)
Replies: 158
Views: 18817

Re: much ado about coasting (through life)

This is an interesting post and what made it more interesting was listening to Jim Croce's Photographs and Memories while I was reading it. They worked well together. I didn't read the other replies (as usual) so sorry if this is a rehash of what was already said, but here are my two cents. It sound...
by stemikger
Wed May 20, 2015 4:01 am
Forum: Personal Consumer Issues
Topic: Best Chromebook 2015
Replies: 52
Views: 4017

Re: Best Chromebook 2015

I used a couple Chromebooks for awhile to try them out: the Toshiba and the Samsung. I simply couldn't figure out why I would want to use one instead of my small Lenovo laptop. It was a pain to do the things I usually do on my laptop, so after fiddling with them for awhile I returned them. You can ...
by stemikger
Wed May 20, 2015 1:45 am
Forum: Personal Consumer Issues
Topic: Best Chromebook 2015
Replies: 52
Views: 4017

Re: Best Chromebook 2015

I love my Crhomebook. They are the best deal in computing. Not sure why Apple snobs pay through the nose, when they can get a Crhomebook for under $200. That's a pretty ignorant statement considering the differences. I have both a Mac and Chromebook. My Chromebook is a great computer for $200, but ...
by stemikger
Tue May 19, 2015 8:56 pm
Forum: Investing - Help with Personal Investments
Topic: International Equities
Replies: 3
Views: 439

Re: International Equities

It depends on who you ask. Mr. Bogle doesn't think it is even necessary to hold international equities. He never has held them and just last week, he said he still stands by his recommendation. He doesn't necessarily think it is an illegitimate choice, but he would not do it in a big way. No more th...
by stemikger
Tue May 19, 2015 5:20 pm
Forum: Investing - Theory, News & General
Topic: What's so great about simplicity?
Replies: 117
Views: 8540

Re: What's so great about simplicity?

Whenever the subject on international investing comes up, I always quote and recommend the book Common Sense on Mutual Funds by John Bogle. Quite simply the best I read on why you can do well without it. Now that this topic came up, and I just read the best chapter on the subject I will probably ev...
by stemikger
Tue May 19, 2015 9:28 am
Forum: Investing - Theory, News & General
Topic: What's so great about simplicity?
Replies: 117
Views: 8540

Re: What's so great about simplicity?

Whenever the subject on international investing comes up, I always quote and recommend the book Common Sense on Mutual Funds by John Bogle. Quite simply the best I read on why you can do well without it. Now that this topic came up, and I just read the best chapter on the subject I will probably eve...
by stemikger
Tue May 19, 2015 1:34 am
Forum: Personal Finance (Not Investing)
Topic: 401K Loan and Maximum Contribution
Replies: 4
Views: 533

Re: 401K Loan and Maximum Contribution

It shouldn't. I know my company doesn't do that, but I would check with HR.
by stemikger
Tue May 19, 2015 1:30 am
Forum: Investing - Theory, News & General
Topic: stock trading certification course- 98%off!!!
Replies: 7
Views: 890

Re: stock trading certification course- 98%off!!!

Living social emailed me about this 'deal'. I'm tempted to buy it just as a brain exercise. I really wonder what it is they are teaching in this thing. Anybody know? https://m.livingsocial.com/deals/1441744-98-off-a-stock-trading-certification-course?cvosrc=email.blast-us.digest_dailyus&utm_cam...
by stemikger
Tue May 19, 2015 1:06 am
Forum: Investing - Theory, News & General
Topic: Target Allocations between equities and bonds - Is the reasoning sound?
Replies: 49
Views: 3412

Re: Target Allocations between equities and bonds - Is the reasoning sound?

Here's where Mr. Buffett's reasoning fails for common people with average salary. Say a person is 64 planning her retirement. She's diligently invested money over the years into a 100% stock portfolio. Her portfolio has grown to an impressive $1M. Using the 4% rule of thumb, she plans on being able...
by stemikger
Mon May 18, 2015 9:36 pm
Forum: Investing - Theory, News & General
Topic: Do you think Ric Edelman is correct, never pay down mortgage
Replies: 257
Views: 23724

Re: Do you think Ric Edelman is correct, never pay down mortgage

I responded to this post previously, but here are some thoughts after a couple of years of having no mortgage. Flexibility!!! Without that largest payment, I have so much more wiggle room. I was able to cash flow a college education and when I get an unexpected emergency, I can cash flow it (in most...
by stemikger
Mon May 18, 2015 9:12 pm
Forum: Personal Consumer Issues
Topic: Best Chromebook 2015
Replies: 52
Views: 4017

Re: Best Chromebook 2015

I love my Crhomebook. They are the best deal in computing. Not sure why Apple snobs pay through the nose, when they can get a Crhomebook for under $200. I paid $168 for my ASUS and love it. Either they are a well kept secret or i just asked the wrong people. Before I bought mine, no one could tell m...
by stemikger
Mon May 18, 2015 11:07 am
Forum: Investing - Theory, News & General
Topic: Let's hear your Dave Ramsey success stories
Replies: 74
Views: 10928

Re: Let's hear your Dave Ramsey success stories

I attribute to my house payoff to a combination of David Bach and Dave Ramsey. David Bach's plan the Automatic Millionaire is a kinder gentler version of Dave Ramsey's Total Money Makeover plan. They both pushed me to payoff my home. I'm glad I did. For the record, the plans are so similar but one T...
by stemikger
Sun May 17, 2015 6:23 pm
Forum: Investing - Theory, News & General
Topic: What's so great about simplicity?
Replies: 117
Views: 8540

Re: What's so great about simplicity?

For me it's piece of mind and it makes me feel good knowing if I predecease my wife, all she has to do is take RMDs from one fund. I also don't think having several funds makes you more diversified, so why bother. I think it is foolish to have several funds with different fund families. Chances are,...
by stemikger
Sun May 17, 2015 10:56 am
Forum: Investing - Help with Personal Investments
Topic: Lightbulb went off around Asset Allocation
Replies: 15
Views: 1959

Re: Lightbulb went off around Asset Allocation

It seems too slick for it's own good. The one great thing with John Bogle's advice is it's simplicity. Why make it more harder than it has to be. I would stick with age in bonds minus 10, 15 or 20 and keep contributing as much as you can. I'm 50 and I am not exactly following age in bonds because I'...
by stemikger
Sat May 16, 2015 9:47 am
Forum: Investing - Theory, News & General
Topic: Bonds - Picking up Nickels in Front of a Steamroller?
Replies: 50
Views: 4981

Re: Bonds - Picking up Nickels in Front of a Steamroller?

When Warren Buffett first came out with that statement a year or two ago, it put me into a tailspin. It really weighed heavy on me. I went 100% into equities. The results were sleepless nights, watching the market on a daily basis, coming to this forum with a mea culpa and then finally going back to...
by stemikger
Sat May 16, 2015 2:09 am
Forum: Investing - Theory, News & General
Topic: Best Asset Allocation if you've "won the game"
Replies: 86
Views: 8469

Re: Best Asset Allocation if you've "won the game"

50/50 forever. Scott Burns Couch Potato Portfolio recommends just that. 50% in the Vanguard Total Stock Index and 50% in the Vanguard Total Bond Index. What could be easier. Once a year re-balance and go back on the couch and be a potato. But, is this the allocation for someone that WON THE GAME? I...
by stemikger
Sat May 16, 2015 12:54 am
Forum: Investing - Theory, News & General
Topic: Best Asset Allocation if you've "won the game"
Replies: 86
Views: 8469

Re: Best Asset Allocation if you've "won the game"

50/50 forever. Scott Burns Couch Potato Portfolio recommends just that. 50% in the Vanguard Total Stock Index and 50% in the Vanguard Total Bond Index. What could be easier. Once a year re-balance and go back on the couch and be a potato. But, is this the allocation for someone that WON THE GAME? I...
by stemikger
Sat May 16, 2015 12:44 am
Forum: Investing - Help with Personal Investments
Topic: Anybody 50/50?
Replies: 78
Views: 6163

Re: Anybody 50/50?

I'm 50% equities/50% stable value. 52 years old and very near retirement. I was at 70/30 at your age and slowly went to 50/50 as I aged. My pension will provide more than enough in retirement so I probably won't touch my nest egg. I have talked with my two heirs and they're happy with the 50/50. Th...
by stemikger
Sat May 16, 2015 12:37 am
Forum: Investing - Theory, News & General
Topic: Best Asset Allocation if you've "won the game"
Replies: 86
Views: 8469

Re: Best Asset Allocation if you've "won the game"

dognose wrote:50/50 forever.


Scott Burns Couch Potato Portfolio recommends just that. 50% in the Vanguard Total Stock Index and 50% in the Vanguard Total Bond Index. What could be easier. Once a year re-balance and go back on the couch and be a potato.
by stemikger
Fri May 15, 2015 9:10 pm
Forum: Investing - Theory, News & General
Topic: Best Asset Allocation if you've "won the game"
Replies: 86
Views: 8469

Re: Best Asset Allocation if you've "won the game"

Too conservative and you can't keep up with inflation. 60/40 or 50/50 if you have social security to count on and a paid off house. If not, I guess the Vanguard Target Retirement Income Fund (which IMHO is a little too light in equities at 30%). As investors in the 1970s discovered, aggressive/less...
by stemikger
Fri May 15, 2015 6:22 pm
Forum: Investing - Theory, News & General
Topic: Best Asset Allocation if you've "won the game"
Replies: 86
Views: 8469

Re: Best Asset Allocation if you've "won the game"

I like the one fund solutions. My choice is the Vanguard Balanced Index Fund with an extra large emergency fund in cash (i.e. one or two years worth of living expenses). Too conservative and you can't keep up with inflation. 60/40 or 50/50 if you have social security to count on and a paid off house...
by stemikger
Fri May 15, 2015 3:25 pm
Forum: Investing - Help with Personal Investments
Topic: 50/50 allocation for couple mid 30s.
Replies: 12
Views: 826

Re: 50/50 allocation for couple mid 30s.

Currently, we have 50% Vanguard Admiral shares and 50% Vanguard Precious Metals and Mining Fund. We want to retire around 65 so 30 years from now. Do you think this is too risky for our age? Thanks. I didn't read the other replies yet, but if you want to follow the advice of John Bogle, this is not...
by stemikger
Fri May 15, 2015 3:19 pm
Forum: Investing - Help with Personal Investments
Topic: Anybody 50/50?
Replies: 78
Views: 6163

Re: Anybody 50/50?

You don't mention how much you plan to be investing each year, but unless you are starting out with a major inheritance then your balances are going to be relatively small for at least a few years. Asset allocation is important, but don't overthink it at this stage. The single most significant fact...
by stemikger
Fri May 15, 2015 3:18 pm
Forum: Local Chapters and Bogleheads Community
Topic: Happy Birthday Mr. Bogle
Replies: 40
Views: 1889

Re: Happy Birthday Mr. Bogle

Kathleen Ryan wrote:Hi stemikger,

You wrote, "Do you think Jack will see this!! I hope so!!"

Oh yes! Mr. Bogle sees everything. 8-)


+1000. I just read Jack's reply! Simply Awesome!!!
by stemikger
Thu May 14, 2015 8:43 am
Forum: Investing - Theory, News & General
Topic: If you worry about a correction, you shouldn't own stocks
Replies: 50
Views: 5622

Re: If you worry about a correction, you shouldn't own stocks

The Planner wrote:As a young investor, I actually worry a little that I won't see a correction. If there was, say, a 50% correction tomorrow I'd view it as a 50% sale and boy would I load up.


You are thinking the right way.
by stemikger
Thu May 14, 2015 6:30 am
Forum: Investing - Theory, News & General
Topic: Your Questions for Jack Bogle Q&A @ Bogleheads Conference
Replies: 25
Views: 3476

Re: Your Questions for Jack Bogle Q&A @ Bogleheads Conference

Hello Mr. Bogle, I'm 50 years old and still in the accumulation phase. My current asset allocation is 60/40. If one were to count social security as part of their fixed income, would it be unreasonable to hold this asset allocation forever? I would love the simplicity of just having my retirement ac...
by stemikger
Wed May 13, 2015 9:09 am
Forum: Personal Consumer Issues
Topic: I Hate Vacations
Replies: 113
Views: 9177

Re: I Hate Vacations

I love vacations, due to obligations, I can't go as often as I like. My two favorite places on earth are Disney World in Florida and New York City. Luckily I live in Staten Island so I'm only a Ferry Ride from one of the places, but unfortunately, I'm due for a Disney adventure. I went many times an...
by stemikger
Wed May 13, 2015 4:27 am
Forum: Investing - Help with Personal Investments
Topic: Anybody 50/50?
Replies: 78
Views: 6163

Re: Anybody 50/50?

Once I go through a bad market and get a real world assessment of my tolerance I might consider going to age in bonds-10 or something like that if I find I can stomach it or might I might dial back to 50/50 if the stress was to much. I was 25 and about to be married when Black Monday hit. Maybe I w...
by stemikger
Tue May 12, 2015 9:42 pm
Forum: Personal Consumer Issues
Topic: Brand Loyalty
Replies: 60
Views: 3981

Re: Brand Loyalty

Brand loyalty is very important for companies and their success. Any brands that you are loyal to and why? Any brands that turned you off and you no longer use? How important do you think brand loyalty is to a brand's success? Apple is very popular due to their fanbase. Monsanto is one of the most ...
by stemikger
Tue May 12, 2015 9:34 pm
Forum: Investing - Theory, News & General
Topic: If you worry about a correction, you shouldn't own stocks
Replies: 50
Views: 5622

Re: If you worry about a correction, you shouldn't own stocks

I like 50/50 because then I'm never wrong. This is the thinking that make folks terrible investors. Why? if 50/50 keeps you from jumping in and out of the market, it is a very smart asset allocation. Nothing wrong with 50/50. I was referencing (seemingly poorly) that there is nothing wrong with inc...
by stemikger
Tue May 12, 2015 9:27 pm
Forum: Investing - Help with Personal Investments
Topic: Anybody 50/50?
Replies: 78
Views: 6163

Re: Anybody 50/50?

If you stayed 90/10 and never looked at your account you would be richer. I only point this out to make a point about the psychological side of investing. There is no way I would buy more bonds right now. One of John Bogle's rules. "Don't Peek" https://www.youtube.com/watch?v=PTGLUzwMN5g
by stemikger
Tue May 12, 2015 5:44 pm
Forum: Investing - Theory, News & General
Topic: Doom and Gloom from Marketwatch
Replies: 12
Views: 2333

Re: Doom and Gloom from Marketwatch

Regrettably, that article is highly politicized--the doom and gloom is based on politics. A party name appears 11 times. He makes a prediction about who will win the next election along with his economic predictions. He names about ten hot-button names of politicians, high officials, a novelist wit...
by stemikger
Tue May 12, 2015 9:13 am
Forum: Investing - Help with Personal Investments
Topic: Anybody 50/50?
Replies: 78
Views: 6163

Re: Anybody 50/50?

Thanks for all of the great input amazing people of Bogleheads. I think age in bonds will probably be my best bet. (75/25 currently) I'll have enough stock, that I wont feel like I'm leaving a ton of money on the table, but also have a nice little anchor of bonds. I really believe that I have the s...
by stemikger
Tue May 12, 2015 9:09 am
Forum: Investing - Help with Personal Investments
Topic: Anybody 50/50?
Replies: 78
Views: 6163

Re: Anybody 50/50?

Unless you just couldn't sleep with a more equities-heavy portfolio or you have a large inheritance to safeguard, then I think you'd be making a mistake going 50/50 at age 25. At your age, you should be investing in stocks and praying for a decade-long bear market so that you can buy lots of cheap ...
by stemikger
Tue May 12, 2015 8:48 am
Forum: Investing - Theory, News & General
Topic: If you worry about a correction, you shouldn't own stocks
Replies: 50
Views: 5622

Re: If you worry about a correction, you shouldn't own stocks

staythecourse wrote:
HomerJ wrote:I like 50/50 because then I'm never wrong.


This is the thinking that make folks terrible investors.


Why? if 50/50 keeps you from jumping in and out of the market, it is a very smart asset allocation.

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