Search found 1336 matches

by zaboomafoozarg
Thu Sep 03, 2015 1:52 pm
Forum: Investing - Theory, News & General
Topic: Bill Gross: cash is your best investment right now
Replies: 36
Views: 4139

Re: Bill Gross: cash is your best investment right now

I maintain my respect for Mr. Gross. I really hope he's wrong, though. He paints a bleak picture of the future. I also hope he's wrong, but I think there's a small possibility that the 21st century will be an awful time to invest. I'm hoping for 1% or 2% in real returns for stocks, and 0% in bonds,...
by zaboomafoozarg
Thu Sep 03, 2015 6:52 am
Forum: Investing - Theory, News & General
Topic: Bill Gross: cash is your best investment right now
Replies: 36
Views: 4139

Re: Bill Gross: cash is your best investment right now

I'm amazed that anyone would take financial advice from someone who has difficulty knotting, nay, even tying, a Windsor. Eh, ties are overrated. I tied one back in the year 2000 and that is the only one I have ever tied (took me about 3 hours). Now I just loosen it to take it off and save it for th...
by zaboomafoozarg
Wed Sep 02, 2015 9:59 pm
Forum: Investing - Theory, News & General
Topic: Stacked up some more silver bullion today
Replies: 94
Views: 12835

Re: Stacked up some more silver bullion today

What do these things typically sell for these days? I have a silver denarius from the reign of Septimus Severus....had it since I was a kid. If I recall, ancient coins were very cheap back when I bought mine. Nice - I've seen the Septimius Severus denarii in VF condition go for about $60-$100 latel...
by zaboomafoozarg
Mon Aug 31, 2015 8:56 pm
Forum: Investing - Theory, News & General
Topic: Buffett's most underrated advice?
Replies: 44
Views: 4088

Re: Buffett's most underrated advice?

Between Rx and Maynard, it seems like every other post nowadays is advising a tactical AA based on CAPE.

Admittedly, it looks quite successful in the past.
by zaboomafoozarg
Fri Aug 28, 2015 10:04 pm
Forum: Investing - Help with Personal Investments
Topic: If stocks dropped 30% next Monday, would you rebalance?
Replies: 103
Views: 5998

Re: If stocks dropped 30% next Monday, would you rebalance?

Next Monday is Labor Day, so the American markets would be closed. Perhaps you meant this coming Monday. Next Monday and this coming Monday are both 8/31. Labor Day is the Monday after next. Oh and I would definitely rebalance on a 30% drop next Monday (8/31), because my 30-day wash sale waiting pe...
by zaboomafoozarg
Thu Aug 27, 2015 10:29 pm
Forum: Investing - Theory, News & General
Topic: How are you being GREEDY when others are fearful?
Replies: 84
Views: 11470

Re: How are you being GREEDY when others are fearful?

UHCOP wrote:
Grt2bOutdoors wrote:Patience, you'll have another opportunity soon I'm sure, October isn't here yet.


What's going on in October? serious question


Possible government budget crisis, I assume.
by zaboomafoozarg
Thu Aug 27, 2015 10:28 pm
Forum: Investing - Theory, News & General
Topic: How are you being GREEDY when others are fearful?
Replies: 84
Views: 11470

Re: How are you being GREEDY when others are fearful?

I'm just "meh" when people are whatever.
by zaboomafoozarg
Thu Aug 27, 2015 9:23 pm
Forum: Investing - Help with Personal Investments
Topic: Was about to change from 100% equity to 80%. Now what?
Replies: 71
Views: 7346

Re: Was about to change from 100% equity to 80%. Now what?

I have a strong suspicion that the classical "age in bonds" rule is far from optimal. It sounds too arbitrary and ad-hoc. Age in bonds is by no means a rule. It is merely a starting point for thinking about your asset allocation. And thinking back to when we still had polls here, I believ...
by zaboomafoozarg
Mon Aug 24, 2015 9:46 pm
Forum: Investing - Theory, News & General
Topic: A warning on RBDs [Really Bad Days]
Replies: 46
Views: 6824

Re: A warning on RBDs [Really Bad Days]

Eh, I was too busy at work today to do any rebalancing. Plus I have to wait a few more days to avoid a wash sale.

If I'm lucky (unlucky?), the prices will be similar next week. If not, oh well.
by zaboomafoozarg
Sun Aug 23, 2015 7:56 pm
Forum: Investing - Theory, News & General
Topic: Kind of getting excited about energy stocks
Replies: 50
Views: 4547

Re: Kind of getting excited about energy stocks

This thread reminded me that I had wanted to keep an eye on Vanguard Precious Metals and Mining (VGPMX) last year, but forgot to do it. Let's see how it fares these days:

Image

It's at the same price as it was in early 2001. Whoa.
by zaboomafoozarg
Sun Aug 23, 2015 9:01 am
Forum: Investing - Theory, News & General
Topic: Kind of getting excited about energy stocks
Replies: 50
Views: 4547

Re: Kind of getting excited about energy stocks

EmergDoc wrote:You can now buy VDE at early 2007 prices.


Who knows, we might see early 2009 prices.
by zaboomafoozarg
Sat Aug 22, 2015 10:58 pm
Forum: Investing - Theory, News & General
Topic: Are any US-only investors having 2nd thoughts?
Replies: 76
Views: 10571

Re: Are any US-only investors having 2nd thoughts?

InvestorNewb wrote:International is now lower than when I lump summed all of my cash into it in December 2012. What a farce.


Do you have any plans to sell those international stocks anytime soon?

If not, then it doesn't matter.
by zaboomafoozarg
Sat Aug 22, 2015 6:01 pm
Forum: Investing - Theory, News & General
Topic: Shiller PE10 nearing nosebleed territory?
Replies: 322
Views: 36365

Re: Shiller PE10 nearing nosebleed territory?

Or they'd just bought-and-held cheap regions instead of expensive ones? http://i.dailymail.co.uk/i/pix/2014/09/01/article-2738966-20E9975B00000578-17_634x374.jpg Yes ... Quite tragic really ... Do you know if there were any financial instruments available which followed the global CAPE as shown dur...
by zaboomafoozarg
Sat Aug 22, 2015 2:47 pm
Forum: Investing - Theory, News & General
Topic: A warning on RBDs [Really Bad Days]
Replies: 46
Views: 6824

Re: A warning on RBDs

ofcmetz wrote:I'd like to point out that Really Big Dogs can be just as friendly as normal size dogs and that people should not fear them.


True, but there's a lot more to clean up with the big ones. Which is why I always liked my 3-pound Pomeranian :D
by zaboomafoozarg
Sat Aug 22, 2015 2:46 pm
Forum: Investing - Theory, News & General
Topic: How long will you"Stay the Course"?
Replies: 99
Views: 8671

Re: How long will you"Stay the Course"?

I'm 75/25 at least until 2023. I'll re-evaluate at that point.
by zaboomafoozarg
Thu Aug 20, 2015 4:31 pm
Forum: Investing - Theory, News & General
Topic: How many here follow Bogle's "no international" theory?
Replies: 82
Views: 5310

Re: How many here follow Bogle's "no international" theory?

1/3 of my portfolio is international, both stocks and bonds.

Mainly because I like thirds.
by zaboomafoozarg
Sun Aug 16, 2015 8:16 am
Forum: Investing - Theory, News & General
Topic: the 12 commandments of gold bugs
Replies: 62
Views: 4388

Re: the 12 commandments of gold bugs

Gold and silver should be a part of people's portfolio who are 50 and younger. People in that group are likely to only receive a percentage of their promised or assumed social security check on a monthly basis. If you assume you'll receive 1500 a month for example, chances are it could be 20-30% lo...
by zaboomafoozarg
Thu Aug 13, 2015 10:38 pm
Forum: Investing - Help with Personal Investments
Topic: What to do with small pension?
Replies: 11
Views: 1491

Re: What to do with small pension?

Thanks. Even at age 58 you still would invest 75% stocks. I won't need the money so I can do a long term deal. Well, that's just my AA right now. I may decide to go with more bonds over time - thinking maybe 50% stocks, 50% bonds near retirement. Some of that depends on how much my pension is worth...
by zaboomafoozarg
Thu Aug 13, 2015 11:51 am
Forum: Investing - Theory, News & General
Topic: QSPIX - thoughts on interesting fund
Replies: 626
Views: 70331

Re: QSPIX - thoughts on interesting fund

Good thing none of my accounts have access to this fund, or you guys might actually convince me to buy it.
by zaboomafoozarg
Thu Aug 13, 2015 10:40 am
Forum: Investing - Help with Personal Investments
Topic: What to do with small pension?
Replies: 11
Views: 1491

Re: What to do with small pension?

I would evaluate the expected returns of investing the $150k lump sum against the planned payouts of the pension. Most of the time, the expected value of the pension payments is much greater than the expected value of investing the lump sum. This is usually why lump sums are offered - they expect it...
by zaboomafoozarg
Thu Aug 13, 2015 7:16 am
Forum: Investing - Theory, News & General
Topic: What is going on out there?
Replies: 43
Views: 6412

Re: What is going on out there?

John3754 wrote:Most people don't have the means to have a withdrawal rate low enough that they don't need to invest in equities.


And I doubt that most people would want to avoid equities even if they had more than a few million dollars.
by zaboomafoozarg
Wed Aug 12, 2015 10:53 pm
Forum: Investing - Theory, News & General
Topic: Cap-weight indexers, how do you explain these graphs?
Replies: 64
Views: 3505

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

You seem to think that people who don't tilt are Doing It Wrong.

In the words of Taylor, there are many roads to Dublin. Tilting is not required to make it there.
by zaboomafoozarg
Wed Aug 12, 2015 10:04 pm
Forum: Investing - Theory, News & General
Topic: What is going on out there?
Replies: 43
Views: 6412

Re: What is going on out there?

Prague wrote:You should buy high, stay long even when it's wrong.


Nothing's keeping you invested.
by zaboomafoozarg
Wed Aug 12, 2015 9:54 pm
Forum: Investing - Theory, News & General
Topic: Beware the snake oil as the market gets tougher
Replies: 34
Views: 3524

Re: Beware the snake oil as the market gets tougher

Raybo wrote:Why would anyone want a Big Mac without the bun and cheese?


Atkins diet?

The "Atkins Allocation", now that's catchy.
by zaboomafoozarg
Mon Aug 10, 2015 7:23 pm
Forum: Investing - Theory, News & General
Topic: Front-End Loads: Are They Really THAT Big of a Deal?
Replies: 60
Views: 4530

Re: Front-End Loads: Are They Really THAT Big of a Deal?

From the funds that I have seen, front-end loads tend to directly correlate with higher expense ratios. I would not be surprised to see > 1% ERs on front-end load funds - my parents have worked at a couple places with such funds. In their case, it was an employer 401k restriction, so they didn't hav...
by zaboomafoozarg
Sun Aug 09, 2015 8:37 pm
Forum: Investing - Theory, News & General
Topic: Is I-Bonds the best Fixed Income Instrument (assuming no limits on purchases)?
Replies: 22
Views: 2432

Re: Is I-Bonds the best Fixed Income Instrument (assuming no limits on purchases)?

Having said all that, I still long for a return to the "good old days" when we could get 3.0, 3.3, 3.4 and even 3.6% over and above inflation. Don't expect that we'll see those kinds of rates any time soon. Yeah those rates would be amazing now! I wish I'd had the money to invest 15 years...
by zaboomafoozarg
Thu Aug 06, 2015 10:41 am
Forum: Investing - Theory, News & General
Topic: Forbes: How much by age
Replies: 45
Views: 8004

Re: Forbes: How much by age

Grt2bOutdoors wrote:How many folks at age 22 (starting out career) know what their expenses will be at age 60, 65, 70?


Only Marty McFly.
by zaboomafoozarg
Tue Aug 04, 2015 9:52 pm
Forum: Investing - Theory, News & General
Topic: Forbes: How much by age
Replies: 45
Views: 8004

Re: Forbes: How much by age

Let's say that you are 45 and have earned, on average, $175K a year for the past 20 years. Shoot, I've got a long way to go to hit that average by the time I'm 45, given that my position caps at about $120k and I'm not even there yet. But I hit the 5x savings-over-salary multiple about 25 years ear...
by zaboomafoozarg
Sun Aug 02, 2015 9:23 pm
Forum: Investing - Theory, News & General
Topic: Everybody is sick of gold - Is now the time to buy??
Replies: 37
Views: 4669

Re: Everybody is sick of gold - Is now the time to buy??

My approach was to buy up all the US Gold Eagles by date -- the bullion coins in 1, 1/2, 1/4, and 1/10th-ounce denominations from 1986 through 2001. I did this in the early 2000s when gold was so cheap you could collect by date. The coins were available on eBay, the market wasn't full of fakes, and...
by zaboomafoozarg
Sun Aug 02, 2015 9:14 pm
Forum: Investing - Theory, News & General
Topic: Everybody is sick of gold - Is now the time to buy??
Replies: 37
Views: 4669

Re: Everybody is sick of gold - Is now the time to buy??

Bill Bernstein wrote:I've occasionally thought about buying one of these things; could you PM me with particulars/experience on your purchase?


Sure, sent!
by zaboomafoozarg
Sun Aug 02, 2015 3:37 pm
Forum: Investing - Theory, News & General
Topic: Everybody is sick of gold - Is now the time to buy??
Replies: 37
Views: 4669

Re: Everybody is sick of gold - Is now the time to buy??

If prices fall further and you accumulate enough of those shiny staters, soon enough you'll be rich as Croesus. Just make sure you don't suffer his fate! I'm mainly in it for the history, but that'd be a nice side benefit! The riches that is, not getting sacked by Cyrus :D This coin is a little ear...
by zaboomafoozarg
Fri Jul 31, 2015 11:59 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 2003
Views: 383530

Re: U.S. stocks in freefall

abuss368 wrote:Are we in freefall? Is this a back up the truck moment?


404 backup-the-truck-freefall not found:

Image
by zaboomafoozarg
Fri Jul 31, 2015 1:04 pm
Forum: Investing - Theory, News & General
Topic: Why not buy berkshire hathaway?
Replies: 157
Views: 14737

Re: Why not buy berkshire hathaway?

Wait, Berkshire Hathaway is already the 9th largest holding in VTSMX:

Image
by zaboomafoozarg
Fri Jul 31, 2015 1:01 pm
Forum: Investing - Theory, News & General
Topic: Why not buy berkshire hathaway?
Replies: 157
Views: 14737

Re: Why not buy berkshire hathaway?

I bought it for the 8% Geico auto insurance discount you get for being a "Berkshire Affiliate".

Only needed 1 share of BRK.B though, so that's all I bought.
by zaboomafoozarg
Thu Jul 30, 2015 12:21 pm
Forum: Investing - Theory, News & General
Topic: Everybody is sick of gold - Is now the time to buy??
Replies: 37
Views: 4669

Re: Everybody is sick of gold - Is now the time to buy??

I've thought about allocating some of my AA to bulk silver or gold in the past, but for now am just sticking to hobby coin collecting instead.

Maybe if I'm ever to the point where I am seeking even more diversification I'll consider it again.
by zaboomafoozarg
Thu Jul 30, 2015 12:18 pm
Forum: Investing - Theory, News & General
Topic: Everybody is sick of gold - Is now the time to buy??
Replies: 37
Views: 4669

Re: Everybody is sick of gold - Is now the time to buy??

I'm not sick of it! I keep buying little ancient bits of it for fun. However, most of the value from these ancients comes from scarcity and collector's demand instead of the price of gold.

Can't wait till this 2600-year-old coin comes in the mail:

Image
by zaboomafoozarg
Wed Jul 29, 2015 5:34 pm
Forum: Investing - Theory, News & General
Topic: A bit of gold?
Replies: 45
Views: 2641

Re: A bit of gold?

Losing a couple of gold coins would not be a major setback for most people but people in this thread are talking about 5 to 10 percent of their portfolio and losing that would be a major setback for many people. That's true, I only have about $2k worth of coins right now. I have been debating at wh...
by zaboomafoozarg
Tue Jul 28, 2015 10:01 pm
Forum: Investing - Theory, News & General
Topic: A bit of gold?
Replies: 45
Views: 2641

Re: A bit of gold?

This makes a huge difference since and actual investment will have significant extra costs for things like storage, insurance, and administration. Even if you are holding physical gold there are storage and insurance costs. Unless you don't insure it. I don't, I just keep it my safe that I already ...
by zaboomafoozarg
Sun Jul 19, 2015 10:11 pm
Forum: Investing - Theory, News & General
Topic: When did you start investing in the Market?
Replies: 60
Views: 3634

Re: When did you start investing in the Market?

I started investing in 2007, but only very seriously (40%-50% of my income) in 2011. I should have put money into the market when I was a kid in the mid-90's, when I received the "Mutual Fund for Dummies" book. Instead I just kept the money in a savings account and found various things to ...
by zaboomafoozarg
Mon Jul 13, 2015 8:04 pm
Forum: Investing - Theory, News & General
Topic: Wade Pfau on Asset Allocation Using PE10
Replies: 83
Views: 6245

Re: Wade Pfau on Asset Allocation Using PE10

LOL, isn't this what hocus always said? Albeit in a much more bizarre way than Dr. Pfau.
by zaboomafoozarg
Mon Jul 13, 2015 7:58 pm
Forum: Investing - Theory, News & General
Topic: Rebalance how often? It's expensive
Replies: 34
Views: 2916

Re: Rebalance how often? It's expensive

Rebalancing is not expensive if you never rebalance in taxable. I just rebalance my 401k/IRA/Roth IRA while leaving the taxable account alone. Note: rebalancing is harder if you try to minimize funds (for example, putting all your bonds in taxable, all your US stocks in 401k, and all your internatio...
by zaboomafoozarg
Sat Jul 11, 2015 10:47 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 2003
Views: 383530

Re: U.S. stocks in freefall

nedsaid wrote:In fact, it has been a while since we have had a 10% correction in the US Stock Market.


I think the last 10%+ drop in the US market happened in July/August 2011, a couple weeks after I joined this forum and invested a lump sum in VTSMX.
by zaboomafoozarg
Wed Jul 08, 2015 5:27 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 2003
Views: 383530

Re: U.S. stocks in freefall

Took the money that had piled up in my money market funds today, and used it to buy some VSS and VXUS.
by zaboomafoozarg
Tue Jul 07, 2015 10:53 am
Forum: Investing - Theory, News & General
Topic: Aren't we obsessing way too much about our portfolios?
Replies: 84
Views: 6899

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

livesoft wrote:Well, I'm gonna start using that word all the time. It is better than pwned. Don't you agrue?!


"pwned" got pwned sometime last year, and has now been replaced by "rekt".
by zaboomafoozarg
Fri Jul 03, 2015 11:55 pm
Forum: Investing - Theory, News & General
Topic: Emergdoc on Mr. Money Mustache
Replies: 186
Views: 22235

Re: Emergdoc on Mr. Money Mustache

That is interesting thank you, though I suppose it might also depend how you define 'other engineer or high tech', and a personal failing of mine as an actual engineer by training is still to make a funny face at the mention of the term 'software engineer'. :D No offense to anyone, and I realize so...
by zaboomafoozarg
Wed Jul 01, 2015 9:19 pm
Forum: Investing - Theory, News & General
Topic: Emergdoc on Mr. Money Mustache
Replies: 186
Views: 22235

Re: Emergdoc on Mr. Money Mustache

Isn't riding a bike also living a life of weakness? That's a luxury he doesn't need... Why can't he walk? Heck, shoes are a luxury and cause one to be weak... Why isn't he walking barefoot to school (uphill both ways and in the snow) with his son every morning? I thought he was all about Badassity....
by zaboomafoozarg
Tue Jun 30, 2015 9:02 pm
Forum: Investing - Theory, News & General
Topic: Emergdoc on Mr. Money Mustache
Replies: 186
Views: 22235

Re: Emergdoc on Mr. Money Mustache

I lean ever-so-slightly more toward MMM's frugality level than EmergDoc's, but much prefer EmergDoc's presentation style to MMM's.
by zaboomafoozarg
Tue Jun 30, 2015 5:58 pm
Forum: Investing - Theory, News & General
Topic: TIPS - Did you give up?
Replies: 113
Views: 12288

Re: TIPS - Did you give up?

I've never owned TIPS, but I have been buying $40K in I-Bonds annually. It's a way of extending my tax-advantaged space. They represent about about 20% of my retirement bond allocation (7% of retirement portfolio). I also use I-Bonds as 20% of my retirement bond allocation. The rest of the I-Bonds ...
by zaboomafoozarg
Mon Jun 29, 2015 6:05 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 2003
Views: 383530

Re: U.S. stocks in freefall

Odd, I expected emerging markets (-2.21%) to drop more today than total international (-2.75%), but that wasn't the case. Maybe because non-EM international countries have more interaction with Greece?

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