Bogleheads

Every program has rebuilding years, bad luck years and USC is no exception. To declare 2009 the end of USC's dominance in the PAC 10 seems very premature and more like a case of recency bias to me. Th ...

SoonerSunDevil is a personal friend, a good guy and a real character. We have lunch regularly. I emailed him to let him know that his absence is being discussed and asked if he wanted me to say anythi ...

If you don't mind doing a little work, there's this:

1. write a book about "Getting Rich Quick!"
2. do seminars on "Getting Rich Quick!" at motels across the country and sell ...

From what I could gather from reading the article, Ben Stein is telling us to:
1. Not rely on forecasters,
2. Keep a hefty supply of low risk, liquid funds on hand for lean times,
3. Keep a diversi ...

In one of his last articles, the late Peter Bernstein pointed out that risk management is about dealing with the consequences of being wrong.

http://www.nytimes.com/2008/06/22/business/22view.html ...

Outstanding series that illustrates the need for ignoring the media noise and having a long-term asset allocation plan. Thank you.

Try this link to the WSJ article: http://online.wsj.com/article/SB10001424052748703811604574531982931458704.html

Someone emailed me this collection of predictions made by experts in their respective fields. Enjoy the following:

"Computers in the future may weigh no more than 15 tons."
--"Popu ...

Dogs make wonderful companions and can alert you to burglaries when you are at home. However, when you are home is the time you are least likely to be robbed.

Burglars have an easy way around the ...

Edited to delete double post.

You only have to get robbed once to realize that a security system is nice to have.

Many years ago I had been living in my house over 15 years without incident and did not have a security system. ...

As it has already been pointed out, rich is a relative term. To most people living in third world nations, all Americans seem rich. To a Middle Eastern oil sheik, most Americans probably seem poor.
...

I don't live on the Sun City side of the Valley but I have met and know a number of people who do. Everyone I have met who lives there loves it. They all talk about the enormous number of clubs and a ...

After spending the prior weekend at the Auburn-LSU game in Baton Rouge, I went to the Cal-Arizona State game this past weekend in Tempe. The difference in attendance and crowd enthusiasm was enormous. ...

My tastes and preferences about Florida are simple: Anywhere north of Ft. Lauderdale is fine. If you like a smaller Southern town, Pensacola is great. I haven't spent any time in Gainesville, but I ha ...

On another topic:
I spent last Saturday night in Baton Rouge at the Auburn-LSU game. It reminded me of how different college football games in the South are from out here in Pac-10 Land. The followi ...

Congratulations on the purchase of your first new home. If you are like most people, you will be glad you made the move from renter to home owner.

The only suggestion I would give is to do any rep ...

With so much financial gloom and doom news in today's media, I find this column does a nice job of putting events into perspective:

http://finance.townhall.com/columnists/TerrySavage/2009/10/27/th ...

Bogleheads:

This article gives real examples of wealthy athletes and shows us what NOT to do:

Hi Taylor,

Wow! What a great article filled with examples of how to handle a windfall poorly ...

"Forecasting is very difficult, especially when it involves the future."
- Attributed to Casey Stengel and Yogi Berra

Big day tomorrow. Texas needs a win to stay in the BCS Championship hunt and Notre Dame needs to win to give Charlie Weis job security.

Personal story that USC fans will appreciate: In 2003 I am i ...

This video is an incredible blend of talent and technology. A Yale University junior is making a name for himself by honoring the legendary Michael Jackson. Along with a buddy from school he's created ...

We live in Louisiana and have State Farm for home, 2 cars, and umbrella. We are 62 and no auto accidents in 30 years. We have always been a SF customers. Our $1 mil umbrella just went from $288 to $3 ...

Congratulations, Rick! I'd put you on the top 150 list of financial advisors for anybody.

Work only to live, don't live to work.

Believe it or not, some people absolutely love their work and would be miserable if they couldn't do it. Others hate their work and only do it as a means to ...

Hmm, interesting. Rich Man, Poor Man was written by Irwin Shaw, copyright, 1971.

Rich Dad, Poor Dad, Robert Kiyosaki, copyright 1998.

Paul

Great article with a powerful message that every you ...

One of my favorite lines came from the late Peter Drucker who wrote: “Wherever you find something getting done, you find a monomaniac with a mission.” Jack, your tireless, consistent message and e ...

What a wonderful and well deserved honor. Congratulations, Jack!

I think a lot of people learned first-hand what the late Peter Bernstein said: Risk is all about the consequences of being wrong.

Jackets are required at Gallatoires after 5 pm and on Sunday.

You really need to cross the river to Mosca's in Avondale for dinner. Incredible food, especially Oysters Mosca.

http://moscasrestaurant.com/

I second that recommendation. It's a good ride from ...

As a native of New Orleans who lived there for over 4 decades, here are 3 of my favorite dining experiences:

1. Sunday Brunch at Commanders Palace. Order the bread pudding souffle for desert. Rese ...

What Are Bogleheads Doing About Home Heating Oil?

Living in Arizona.

I am reminded of a story about the late legendary J.P. Morgan. As he was getting out of a taxi, the driver asked him, "Mr. Morgan, do you think the stock market will go up or down?"

Morg ...

Hi Taylor,

This is what Mark Twain wrote about the stock market over a century ago:

OCTOBER: This is one of the peculiarly dangerous months to speculate in stocks in. The other are July, Januar ...

Hi Eric,

Thanks for the link. That article mentions two things I have observed:

1. Saving may be good for your economy, but isn't good for the economy.

2. The recent recession has made Amer ...

David,

I have a couple of thoughts:

1. If you are going to communicate with anyone, your first job is to get their attention. I'd begin with something like this: "In the next 5 minutes I' ...

Hi Horatio,

I don't know where your mom lives but lots of cities have communities that only sell/rent homes or apartments to people over 55. Out here in Phoenix we have several Sun City communities ...

Hi buynhold,

I'm late in discovering this thread. From your post I get the impression that you already have an MBA. If that's the case how about getting a Ph.D. in Finance and teaching college? Ph ...

I haven't been there but a good friend of mine has. He was an executive in the hotel business and spent 30 years traveling around the world visiting numerous properties. He said that the Atlantis was ...

http://www.cxoadvisory.com/gurus/Mauldin/

Gekko, thanks for the link. Backtesting gurus is hazardous to their wealth.

Having done some professional speaking, I can tell you that motivational speakers are pretty much like everyone else. A few are very rich, some do well and many of them live on the edge. Many have a h ...

I have been using Macs since the beginning of 1985 and never have had any security problems with them.

Walter Mossberg reviews Snow Leopard in his latest Personal Technology column in "The Wa ...

Hi 2fish,

Eleven years ago, Vanguard founder, John "call me Jack" Bogle offered 8 simple tips listed below for investors. I hope you find them useful as so many of us have.

Rule 1. Se ...

Speaking of behavioral finance mishaps, an article in last Friday's edition of "The Wall Street Journal" reports that the U. of Chicago sold $600 million worth of stock in its endowment fund ...

"Budget is not something that enters into her consciousness, but it is worth it because at the end of the day, she gives you an image that nobody else can," said Wintour.

It's a safe bet ...

Don't feel like the Lone Ranger. This guy is having trouble too. From "The Daily Show."

http://www.thedailyshow.com/watch/wed-july-29-2009/home-crisis-investigation

Until about a year ago I used Quicken online with my Mac. Then they did something to it and I never could figure out how to get it to work. I switched to mint.com and all is well.

Over the past 17 years I've owned 3 exercise bikes. The first one was a Schwinn Airdyne that I bought around 1991. It provided a good upper and lower body workout but the seat was uncomfortable to say ...

I faced the same decision as a single professor at age 33. I enjoyed living in rented apartments but decided it would be nice to own my own home, build equity and have a nice tax deduction. When faced ...