Search found 2179 matches

by RadAudit
Mon Sep 26, 2016 8:51 am
Forum: Investing - Theory, News & General
Topic: "Finance is not the economy"
Replies: 3
Views: 536

Re: "Finance is not the economy"

randomizer wrote: I found this more academic and general take on what's wrong with finance and our use of credit/debt to be pretty interesting.


I agree. Thanks for the link. But, a question arises. What's a Boglehead to do?
by RadAudit
Sat Sep 24, 2016 9:12 am
Forum: Personal Consumer Issues
Topic: Would you buy this house in a flood zone? HELP!
Replies: 58
Views: 2886

Re: Would you buy this house in a flood zone? HELP!

The really fun revelation comes when they redraw the flood plain and you discover you are in one.

But, no use in going looking for trouble by settling in one you know about.
by RadAudit
Fri Sep 23, 2016 11:16 am
Forum: Investing - Theory, News & General
Topic: The Trouble with "Buy and Hold"
Replies: 107
Views: 7404

Re: The Trouble with "Buy and Hold"

OP, please read and carefully consider this quote. Jack Bogle: "After nearly 50 years in this business, I do not know of anybody who has done market timing successfully and consistently. I don't even know anybody who knows anybody who has done it successfully and consistently." I'm guessin...
by RadAudit
Thu Sep 22, 2016 10:27 am
Forum: Personal Finance (Not Investing)
Topic: "Financial Literacy Effectiveness And Providing Just-In-Time Training By Financial Advisors" by Michael Kitces
Replies: 1
Views: 358

Re: "Financial Literacy Effectiveness And Providing Just-In-Time Training By Financial Advisors" by Michael Kitces

people forget much of the important detail associated with financial education over time. In fact, the researchers found that within a year, the benefits of a 6-hour financial education program were no longer statistically significant :oops: And that's why I remind the kids about every other day to...
by RadAudit
Tue Sep 20, 2016 10:45 am
Forum: Investing - Theory, News & General
Topic: The Incredible Shrinking of Alpha continues--the latest SPIVA scorecard
Replies: 12
Views: 1540

Re: The Incredible Shrinking of Alpha continues--the latest SPIVA scorecard

Didn't CNBC just do a week long show on the "Delivering Alpha" or "The Search for Alpha" or something akin to that about a month ago? Who failed to forward those guys the memo?
by RadAudit
Tue Sep 20, 2016 8:52 am
Forum: Investing - Help with Personal Investments
Topic: Two questions ["Age in Bonds" vs. Risk Tolerance]
Replies: 24
Views: 1430

Re: Two questions

Considering I'm a new investor and have never seen a Bear Market, how much stock would you recommend me starting with and of that percentage, Welcome to the party. I'll differ with you on one point. Unless you have plans to check out early - your investment horizon is more like 50 years than 20. I'...
by RadAudit
Mon Sep 19, 2016 5:24 pm
Forum: Investing - Help with Personal Investments
Topic: About Vanguard advisors: opinions, thoughts?
Replies: 15
Views: 1320

Re: About Vanguard advisors: opinions, thoughts?

What course of action should the couple take in order to maintain both advisory services and a portfolio at Vanguard? It seems the couple and the advisor have a difference of opinion. Why not have the couple invest their money as they wish? Very shortly, they can ask a Vanguard advisor if they have...
by RadAudit
Sun Sep 18, 2016 4:31 pm
Forum: Personal Finance (Not Investing)
Topic: [Vanguard Invite to a] "private event"
Replies: 28
Views: 3529

Re: [Vanguard Invite to a] "private event"

sport wrote:If it is for Flagship Select clients,


Well, I don't have to worry about my in-box ever being cluttered up with those invitations.
by RadAudit
Wed Sep 14, 2016 9:11 am
Forum: Investing - Theory, News & General
Topic: WSJ: Bank Balance better predictor of happiness than Total Wealth
Replies: 43
Views: 6113

Re: WSJ: Bank Balance better predictor of happiness than Total Wealth

grog wrote:We find a very interesting effect: that the amount of money you have in your bank account right now is a better predictor of happiness than your aggregate wealth.


Who funded this study?

grog wrote:It is just a correlational study,


More than likely.
by RadAudit
Tue Sep 13, 2016 10:08 am
Forum: Personal Finance (Not Investing)
Topic: is it possible to be a gambler and boglehead
Replies: 47
Views: 2095

Re: is it possible to be a gambler and boglehead

Are there any successful bogleheads out there that have been able to save without tracking, and spend without 'care'. I'm not a successful Boglehead. I'm sure there are those on the forum who have done more with less. However, I have managed to accumulate enough - probably no thanks to me but with ...
by RadAudit
Mon Sep 12, 2016 9:21 am
Forum: Personal Consumer Issues
Topic: Christmas gift expectations
Replies: 61
Views: 4124

Re: Christmas gift expectations

Ah!! The Christmas gifts at a family get together problem. The evolution of the problem in our family went from gifts to everyone; then just gifts to the kids; and, now it is hoping that someone wishes you a Merry Christmas and sounds like they mean it. My DW girls' group went from an elaborate gift...
by RadAudit
Sun Sep 04, 2016 9:34 am
Forum: Investing - Theory, News & General
Topic: Book Review, How to Think About Money by Jonathan Clements
Replies: 8
Views: 1066

Re: Book Review, How to Think About Money by Jonathan Clements

I think the book is mentioned in another thread. Bought the Kindle version and read it yesterday. The first 10% of the book hit a cord. Wish I had read it 40 or 50 years ago, which of course wasn't possible. Might of changed my approach on a few things. I interpret Clements to have said that working...
by RadAudit
Sat Sep 03, 2016 6:57 pm
Forum: Personal Finance (Not Investing)
Topic: How do you stop yourself from checking your balances?
Replies: 66
Views: 3807

Re: How do you stop yourself from checking your balances?

I check way too often; but, I only make changes to the portfolio IAW my IPS.
by RadAudit
Sat Sep 03, 2016 12:38 pm
Forum: Investing - Help with Personal Investments
Topic: Sustainable IRA AA
Replies: 13
Views: 762

Re: Sustainable IRA AA

Thanks for posting your questions. I'm in a similar situation. (I'm 69 and the DW is 65) And I'm having the devil of a time trying to figure out the "correct" answer. Sketched out below is my approach - don't know if it is right. Next year, I'll be using the IRAs to fund the gap between bu...
by RadAudit
Fri Sep 02, 2016 6:06 pm
Forum: Investing - Theory, News & General
Topic: Vanguard "Fund" to "Trust"
Replies: 10
Views: 1437

Re: Vanguard "Fund" to "Trust"

Could be because it is an institutional offering instead of the run of the mill individual investor offering.
by RadAudit
Thu Sep 01, 2016 5:52 pm
Forum: Investing - Help with Personal Investments
Topic: How do you use your Vanguard Flagship rep’s services?
Replies: 2
Views: 714

Re: How do you use your Vanguard Flagship rep’s services?

Do you call for assistance to initiate moves or to bounce ideas off of someone? The Flagship rep is not the person you call to bounce ideas off of. I think I used the rep once to mail me some forms I either couldn't find or didn't want to down load. Additionally, I think I used the rep to mail me s...
by RadAudit
Thu Sep 01, 2016 12:15 pm
Forum: Investing - Help with Personal Investments
Topic: Take the loss and exit market?
Replies: 22
Views: 2928

Re: Take the loss and exit market?

Welcome to the forum. Would it be wise to sell off everything and wait until stock prices drop even further to re-enter the market? If you can figure out when stock prices will drop, how far they will drop and when they will start to recover, there are a number of people on this forum who really wan...
by RadAudit
Mon Aug 29, 2016 10:31 am
Forum: Investing - Theory, News & General
Topic: Simple Path to Wealth Book - Portfolio Flaws?
Replies: 3
Views: 562

Re: Simple Path to Wealth Book - Portfolio Flaws?

has the author simplified his portfolio into something more risky than he realizes? Time has a way of answering these types of questions. the allure of simplifying my investments down to VTSAX or Vanguard 2060 is rather appealing. VG 2060 has a number of things going for it - wide diversification, ...
by RadAudit
Mon Aug 29, 2016 6:01 am
Forum: Investing - Theory, News & General
Topic: Rich Dad/Poor Dad Assets
Replies: 57
Views: 6337

Re: Rich Dad/Poor Dad Assets

John T. Reed is a real-estate investor and educator, who kept getting questions about Kiyosaki. He researched Kiyosaki and wrote the brutal dissection found here:John T. Reed's analysis of Robert T. Kiyosaki's book Rich Dad, Poor Dad, Part 1 I wish Mr. Reed had told us what he really thought about ...
by RadAudit
Sun Aug 28, 2016 9:28 pm
Forum: Investing - Help with Personal Investments
Topic: what should i invest in 27k in traditional ira?
Replies: 8
Views: 644

Re: what should i invest in 27k in traditional ira?

Buy a suitable VG target date retirement fund (2050 [?]) and forget about it.

Wonderful diversification, high equity allocation early on, good glidepath of increasing conservative AA overtime, automatic rebalancing.
by RadAudit
Sat Aug 20, 2016 2:11 pm
Forum: Personal Finance (Not Investing)
Topic: Career Counseling for Teens
Replies: 34
Views: 2030

Re: Career Counseling for Teens

Well, whatever it costs it'll probably be cheaper than having one of them get 1/2 way thru grad school and think - er, maybe not. And start over in a different field.
by RadAudit
Fri Aug 19, 2016 6:55 am
Forum: Investing - Help with Personal Investments
Topic: European currently living in the U.S. in need of advice
Replies: 15
Views: 1144

Re: European currently living in the U.S. in need of advice

Bump up.

Welcome to the forum

I don't have a clue.

Might want to use the wiki https://www.bogleheads.org/wiki/Main_Page . And you may want to start here. https://www.bogleheads.org/wiki/Investing_from_Germany
by RadAudit
Thu Aug 18, 2016 8:29 am
Forum: Investing - Help with Personal Investments
Topic: Ultra aggressive index portfolio for a 30 yo with high risk tolerance?
Replies: 47
Views: 4128

Re: Ultra aggressive index portfolio for a 30 yo with high risk tolerance?

Because I'm not intelligent enough to make my own decisions and think that people at Bogleheads forum are smarter. Wrong on both counts. Now, there are a large number of posters on this forum who are smart. I'm not one of them (and I have the IQ tests to prove it.). Fortunately, you don't have to b...
by RadAudit
Thu Aug 18, 2016 6:53 am
Forum: Investing - Help with Personal Investments
Topic: Ultra aggressive index portfolio for a 30 yo with high risk tolerance?
Replies: 47
Views: 4128

Re: Ultra aggressive index portfolio for a 30 yo with high risk tolerance?

why not just go 90% SPY 10% bonds as Warren Buffett himself suggested? Because you aren't Warren Buffet. And Warren Buffet doesn't live in Europe and hasn't retired in Europe. And he doesn't spend most of his time and money in Europe. Why I can go ultra aggressive? Well, if I plan to invest for a t...
by RadAudit
Wed Aug 17, 2016 3:28 pm
Forum: Personal Finance (Not Investing)
Topic: Gifting whole estate in life
Replies: 77
Views: 4318

Re: Gifting whole estate in life

What if you die before your father, your wife remarries, and she and her new husband have different ideas for the money? +1 If the estate is considered to be a "family trust," have Jack set up a trust that accomplishes his / the family's wishes. There are just too many unknowable unknowns...
by RadAudit
Wed Aug 17, 2016 10:00 am
Forum: Investing - Help with Personal Investments
Topic: Anyone else getting nervous and converting to cash as a short-term move?
Replies: 116
Views: 10757

Re: Anyone else getting nervous and converting to cash as a short-term move?

I was just wondering if anyone here is a bit nervous about throwing a lot of money at the market right now. I If you stick around and read a little, you'll find there's plenty to be nervous about. (Wm. Bernstein and 25X RLE - and the fact that you'll probably never get there so your retirement may ...
by RadAudit
Wed Aug 17, 2016 8:54 am
Forum: Investing - Help with Personal Investments
Topic: Simple IRA advice
Replies: 2
Views: 330

Re: Simple IRA advice

This is a bump up because I don't know.

But, have you called Vanguard?
by RadAudit
Tue Aug 16, 2016 2:07 pm
Forum: Investing - Theory, News & General
Topic: Who trades on momentum, and thus who's on the other side
Replies: 22
Views: 1581

Re: Who trades on momentum, and thus who's on the other side

Wm. Bernstein writes about convex and concave investors in Rational Expectations. If I recall correctly, convex investors - momentum investors - win in rising markets. They keep winning until markets go down. If they stay too long, they usually sell out and lose big time. Or so I remember. All you h...
by RadAudit
Tue Aug 16, 2016 9:29 am
Forum: Personal Consumer Issues
Topic: Gutters and gutter guards
Replies: 40
Views: 3372

Re: Gutters and gutter guards

... Get the professionally installed system, if you can afford it. We re-did the outside of the house a couple of years ago - roof, gutters, windows, siding. After cleaning gutters for 30+ years, I can say these new ones have been great, so far. No problems. Rad, which system did you install? I don...
by RadAudit
Tue Aug 16, 2016 7:43 am
Forum: Personal Consumer Issues
Topic: Gutters and gutter guards
Replies: 40
Views: 3372

Re: Gutters and gutter guards

If it would be worth it to spend $4,000 on a professionally installed system, even including new gutters, I'd do it, but I want to rule out the less expensive options first. OK. The less expensive option has just been ruled out, as far as I am concerned. Get the professionally installed system, if ...
by RadAudit
Mon Aug 15, 2016 3:22 pm
Forum: Investing - Theory, News & General
Topic: Knowing what you know now...
Replies: 22
Views: 2530

Re: Knowing what you know now...

Would any of you other late comers to Boglehead-style wealth building have taken the ultra thrifty route to early retirement, given a chance to re-live your twenties? No. The experiences you have in your 20s are difficult to duplicate in your 50s or 60s. And, if you could, they would cost more and ...
by RadAudit
Mon Aug 15, 2016 1:23 pm
Forum: Investing - Help with Personal Investments
Topic: Finally, got help with Portfolio, and don't worry much about it anymore
Replies: 11
Views: 1471

Re: Finally, got help with Portfolio, and don't worry much about it anymore

I told him my main problem was emotional anxiety with the investments. I was very satisfied with what he suggested, and have had the most peace and I have not visited the bogleheads site as much either. I am satisfied with leaving it alone, no matter what the market does. Finally! For $200, it was ...
by RadAudit
Mon Aug 15, 2016 11:09 am
Forum: Investing - Theory, News & General
Topic: "The Minority of Investors" ... Billionaires
Replies: 35
Views: 3811

Re: "The Minority of Investors" ... Billionaires

Engineer250 wrote: Also, be glad you have A/C...


I'm grateful and glad.
by RadAudit
Mon Aug 15, 2016 9:42 am
Forum: Personal Finance (Not Investing)
Topic: You have $10 Million and 10 years to live. What would you do?
Replies: 55
Views: 5110

Re: You have $10 Million and 10 years to live. What would you do?

18.) Travel to Denali and see Mt McKinley That's doable now. No need to wait for $10 mil. Of course, on any given day due to weather, you have about a 30% chance of actually seeing the mountain so be prepared to hang around for awhile. Reminds me of old saying about dreams of sailing off to some fa...
by RadAudit
Mon Aug 15, 2016 7:44 am
Forum: Personal Finance (Not Investing)
Topic: Self-made Millionaires: how did hitting 7 figures change you?
Replies: 299
Views: 39133

Re: Self-made Millionaires: how did hitting 7 figures change you?

Here's my question: for those of you (most of you, I'm guessing) who have hit $1M (or your number of choice), how did that impact you, if at all? Did arriving at that number change you in any meaningful way, or change your perspective? Not much has changed. We still use coupons and shop sales. DW c...
by RadAudit
Sun Aug 14, 2016 11:36 am
Forum: Investing - Theory, News & General
Topic: "The Minority of Investors" ... Billionaires
Replies: 35
Views: 3811

Re: "The Minority of Investors" ... Billionaires

If you're talking about working at your dead end engineer job for $80K a year, putting $15K a year away into TSM in your 401(k) ... Thank you for accurately and succinctly summarizing my working career. :wink: Never thought of it that way; but, you're correct. Anyway, it's hot today and the A/C is ...
by RadAudit
Fri Aug 12, 2016 4:32 pm
Forum: Investing - Help with Personal Investments
Topic: SWR for mother-in-law living in another country?
Replies: 5
Views: 489

Re: SWR for mother-in-law living in another country?

I thought SWRs had more to do rate of withdrawal from the portfolio in order for it to last x number of years than what country you were in. Could be wrong on that. However, if you want to see the chance of a portfolio lasting y number of years with a SWR of x%, please look up the Trinity Studies (a...
by RadAudit
Fri Aug 12, 2016 2:47 pm
Forum: Personal Consumer Issues
Topic: Busch gardens & Water Country, Williamsburg - Suggetions
Replies: 19
Views: 693

Re: Busch gardens & Water Country, Williamsburg - Suggetions

Just a heads up, they're working on I-64 at the north (west?) end of Newport News. Expect delays there. They are scheduled to be working on widening I-64 from Newport News to Richmond in stages for the next five years. So, that and the usual morning and evening back-ups at the Hampton Roads tunnel -...
by RadAudit
Thu Aug 11, 2016 6:11 am
Forum: Investing - Help with Personal Investments
Topic: Investing for retirement 101 Help
Replies: 5
Views: 642

Re: Investing for retirement 101 Help

Welcome to the forum. Mr. Foley offered very sound advice. There are other options for your retirement investments, depending on how much you want to be involved with them. For background you might want to start here. https://www.bogleheads.org/wiki/Getting_started If you are relatively young, in yo...
by RadAudit
Wed Aug 10, 2016 7:56 am
Forum: Investing - Theory, News & General
Topic: Bogle & Buffett on International Investing
Replies: 102
Views: 8810

Re: Bogle & Buffett on International Investing

If Bogle is not a fan of international investing, then wouldn't it be wise to follow that advice and take a pass on foreign stocks? Particularly in view of the fact that Buffett appears to agree with him. Or, can it be that they are wrong on this one? It depends. There may be some cases where it is...
by RadAudit
Tue Aug 09, 2016 8:43 pm
Forum: Investing - Help with Personal Investments
Topic: Advice for College Grad
Replies: 7
Views: 607

Re: Advice for College Grad

Check the Vanguard site. I believe Target 2060 has a $1000 minimum to start. Additional investments start at $1.
by RadAudit
Tue Aug 09, 2016 9:16 am
Forum: Investing - Theory, News & General
Topic: International Allocation Question
Replies: 4
Views: 315

Re: International Allocation Question

lostdog wrote:do they recommend 20% of the equity portion balance or 20% of the total portfolio balance?


20% of the equity portion of the portfolio.
by RadAudit
Mon Aug 08, 2016 2:34 pm
Forum: Investing - Help with Personal Investments
Topic: How much to save
Replies: 24
Views: 2472

Re: How much to save

What is the recommended total percentage to save if I'm in my early 30s with a household income ~500,000. Enough to meet your financial goals in the amount of time you'd like spend to get there while investing those savings in a portfolio with an asset allocation that meets those needs and your abi...
by RadAudit
Mon Aug 08, 2016 9:51 am
Forum: Personal Finance (Not Investing)
Topic: Are any Bogleheads financial advisors on the side?
Replies: 21
Views: 2734

Re: Are any Bogleheads financial advisors on the side?

Has anyone here had any success with doing something like this on the side? Why, yes. I've successfully avoided going in to financial planning as a business. I don't know how much things have changed from the 1980s - but I recall there was a 10 year stretch thereabout where I tried to shore up my u...
by RadAudit
Sun Aug 07, 2016 4:44 pm
Forum: Investing - Help with Personal Investments
Topic: Common Sense Investing - Today's environment
Replies: 11
Views: 1191

Re: Common Sense Investing - Today's environment

Welcome to the forum. I read John Bogle's book "The Little Book of Common Sense Investing" and was planning to use his strategy for this account. Some financial advisors are telling me that this strategy was good 10 years ago but may not be a good strategy in today's environment. Is this t...
by RadAudit
Sun Aug 07, 2016 1:34 pm
Forum: Investing - Help with Personal Investments
Topic: AA dilema
Replies: 8
Views: 591

Re: AA dilema

I am a few years further down the road in a similar situation - albeit with smaller numbers. Because the numbers themselves were small and a smaller part of the portfolio, I included the munis in the portfolio allocation. In your case, I'm inclined to NOT include them in the portfolio allocation. I'...
by RadAudit
Sat Aug 06, 2016 10:38 am
Forum: Investing - Help with Personal Investments
Topic: Help for 60 year old
Replies: 11
Views: 1462

Re: Help for 60 year old

At this point in my life I want to "set it and forget it", with the occasional rebalance. If you really want to set it and forget it, a target date retirement fund will do just fine. Or, if you can find an AA you'd prefer to stick with for a longer time, VG's Life Strategy (?) funds come ...

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