Search found 69 matches

by Robconoclast
Wed Feb 21, 2018 10:29 pm
Forum: Investing - Theory, News & General
Topic: Chillin' in the BH Lounge
Replies: 46
Views: 5198

Re: Chillin' in the BH Lounge

Cryptocurrency...
Many seek to get rich quick
Houses of cards fall
by Robconoclast
Wed Feb 21, 2018 8:51 pm
Forum: Investing - Theory, News & General
Topic: Chillin' in the BH Lounge
Replies: 46
Views: 5198

Re: Chillin' in the BH Lounge

Active management
High trading fees take their toll
Potential gains lost
by Robconoclast
Tue Feb 20, 2018 8:48 am
Forum: Investing - Theory, News & General
Topic: Chillin' in the BH Lounge
Replies: 46
Views: 5198

Re: Chillin' in the BH Lounge

Atilla wrote:
Mon Feb 19, 2018 5:59 pm
Investing for life
Low expenses are the key
Avoid Edward Jones
I fled Edward Jones
Bogleheads opened my eyes
The blind now see light
by Robconoclast
Sun Feb 04, 2018 9:22 am
Forum: Personal Consumer Issues
Topic: Collecting
Replies: 16
Views: 1092

Re: Collecting

Bwlonge wrote:
Sun Feb 04, 2018 7:54 am
Anyone else have this awful habit? How do you justify it when we all know saving is important?



Image
Well, seeing that you are a fan of Converge just remember that "Every time you justify another good in you dies" :mrgreen:
by Robconoclast
Sun Feb 04, 2018 8:58 am
Forum: Investing - Theory, News & General
Topic: "Bitcoin is my potential pension"
Replies: 54
Views: 7843

Re: "Bitcoin is my potential pension"

Everybody wants to get rich quick..... "After years of disappointment with get rich quick schemes, I know I'm gonna get rich with this scheme. And quick. " -Homer J Simpson Perhaps we all can learn a lesson about seeking to get rich quick via speculation from Homer Simpson. https://youtu.be/u196yHv...
by Robconoclast
Sat Feb 03, 2018 2:04 pm
Forum: Local Chapters and Bogleheads Community
Topic: NE Ohio (Cleveland Area) Master Thread
Replies: 125
Views: 26372

Re: NE Ohio (Cleveland Area) Master Thread

During the presentation today there were some chuckles when Homer Simpson's brain showed up. Perhaps Homer can teach us something about speculation

https://youtu.be/u196yHvR8K8
Along with https://youtu.be/3w5D9yJUMOc
:beer
by Robconoclast
Sat Dec 30, 2017 12:17 am
Forum: Investing - Help with Personal Investments
Topic: Where to start? (Personal investing)
Replies: 7
Views: 758

Re: Where to start? (Personal investing)

I'd also check out the recommended reading materials listed on the wiki. Just started rereading the Boglehead's Guide to Investing tonight with the new year around the corner :beer
by Robconoclast
Wed Dec 20, 2017 9:28 am
Forum: Local Chapters and Bogleheads Community
Topic: NE Ohio (Cleveland Area) Master Thread
Replies: 125
Views: 26372

Re: NE Ohio (Cleveland Area) Master Thread

According to my notes from the last meeting the next one will be Saturday, February third at the North Royalton Library. We spent the last meeting discussing estate planning (wills, trusts, estate taxes, etc) and I noted behavioral economics & finance as a potential topic for the next meeting. There...
by Robconoclast
Mon Nov 27, 2017 10:37 am
Forum: Local Chapters and Bogleheads Community
Topic: NE Ohio (Cleveland Area) Master Thread
Replies: 125
Views: 26372

Re: NE Ohio (Cleveland Area) Master Thread

According to my notes the next.meeting is Saturday December 9, 10:00 a.m. at the North Royalton branch of the Cuyahoga County Library. :beer
by Robconoclast
Sat Sep 30, 2017 3:57 pm
Forum: Investing - Help with Personal Investments
Topic: Would you recommend moving an Edwards Jones IRA to Vanguard?
Replies: 16
Views: 1672

Re: Would you recommend moving an Edwards Jones IRA to Vanguard?

https://www.fool.com/investing/general/2012/12/06/can-your-edward-jones-financial-advisor-really-ser.aspx A popular saying on here is "Run, don't walk from Edward Jones". After joining this community and learning how fees work it became more like Monty Python and the Holy Grail yelling "RUN AWAY !"...
by Robconoclast
Wed Sep 27, 2017 8:34 am
Forum: Personal Consumer Issues
Topic: Personal finance help for those below/near poverty line
Replies: 48
Views: 7055

Re: Personal finance help for those below/near poverty line

If your local library has a program guide I'd check it out too see if there are any free sessions with a CFA regarding getting out of debt or starting to invest. I'd also just take advantage of one's local library period for books, dvds, and Internet access to seek out forums like this or the sugges...
by Robconoclast
Fri Sep 22, 2017 9:32 am
Forum: Local Chapters and Bogleheads Community
Topic: NE Ohio (Cleveland Area) Master Thread
Replies: 125
Views: 26372

Re: NE Ohio (Cleveland Area) Master Thread

Bob, Looking at my notes from June 10. Just confirming that we're meeting October 14, the second Saturday as we usually do and not the seventh. It'd give me a great reason to reschedule my appointment with my dentist :beer
by Robconoclast
Wed Sep 13, 2017 9:40 am
Forum: Investing - Help with Personal Investments
Topic: How often do you put money in Vanguard
Replies: 55
Views: 4966

Re: How often do you put money in Vanguard

Automatic monthly deposits into our IRAs.
by Robconoclast
Wed Sep 13, 2017 9:16 am
Forum: Personal Consumer Issues
Topic: Is it really Worth it to brown bag your lunch at work?
Replies: 313
Views: 20862

Re: Is it really Worth it to brown bag your lunch at work?

Wife and I are brown baggers due to health issues and budgeting. Over the past 6 years I've watched most new guys in my department (usual new hire is between the age of 24-30) order out the first few months until they realize how much they are spending on a weekly basis, or enroll in our 401k (usual...
by Robconoclast
Wed Aug 23, 2017 8:25 am
Forum: Personal Consumer Issues
Topic: Can you recommend a good mouse trap?
Replies: 44
Views: 2549

Re: Can you recommend a good mouse trap?

https://www.amazon.com/dp/B01N4GVAP9/re ... Nzb1B8JD9Z I purchased these at Walmart. I place a dab of peanut butter as bait and it does the trick. Easy to release the body and reset. I feel it is humane compared to glue traps which my job used to use.
by Robconoclast
Sat Aug 12, 2017 9:44 am
Forum: Local Chapters and Bogleheads Community
Topic: NE Ohio (Cleveland Area) Master Thread
Replies: 125
Views: 26372

Re: NE Ohio (Cleveland Area) Master Thread

On vacation :beer Are we still discussing the Warren Buffet article in October ?
by Robconoclast
Sun Jul 09, 2017 1:47 pm
Forum: Personal Consumer Issues
Topic: What do you splurge on?
Replies: 133
Views: 13257

Re: What do you splurge on?

Wine, cheese, and charcuterie when we attend outdoor Orchestra concerts . We don't eat out due to allergies, and always purchase the food and drink from Costco. Also the occasional cigar after attending our local BH chaptet meetings. While I'm watching my money burn it's a nice way to decompress.
by Robconoclast
Sun Jul 09, 2017 10:02 am
Forum: Personal Finance (Not Investing)
Topic: How are you a leader in personal finance?
Replies: 29
Views: 3625

Re: How are you a leader in personal finance?

As a parent I hope my 3.5 year old son will never make the same mistakes I did 18 years ago when I got a credit card and maxed it out :oops: Whenever I give him a coin for one of his piggy banks I tell him it's important to save. Now I hear "Look daddy, I'm a saver !'". I'm sure that one day I'll te...
by Robconoclast
Sat Jul 08, 2017 12:36 pm
Forum: Local Chapters and Bogleheads Community
Topic: NE Ohio (Cleveland Area) Master Thread
Replies: 125
Views: 26372

Re: NE Ohio (Cleveland Area) Master Thread

Unless anything changes the next two meetings are August 12 and October 7 at the North Royalton library :beer
by Robconoclast
Fri Jun 16, 2017 12:07 am
Forum: Investing - Theory, News & General
Topic: Poll: 401K Match
Replies: 99
Views: 18412

Re: Poll: 401K Match

We receive a 25% match up to a 6% contribution. Profit sharing up to 7.5% of prior year's gross income. Vested after three years
by Robconoclast
Sat Jun 10, 2017 2:59 pm
Forum: Local Chapters and Bogleheads Community
Topic: NE Ohio (Cleveland Area) Master Thread
Replies: 125
Views: 26372

Re: NE Ohio (Cleveland Area) Master Thread

https://youtu.be/iLJW70gjDFE While there was a focus on podcasts today I was curious if anyone had heard of Your Money, Your Wealth. They are two advisors who hosted radio show before starting a series on youtube. I think it's a good show for novice Bogleheads as they share the same philosophy and b...
by Robconoclast
Mon Jun 05, 2017 8:29 am
Forum: Investing - Help with Personal Investments
Topic: Edward Jones
Replies: 22
Views: 3223

Re: Edward Jones

As long as you are fine with %5.25 upfront and %2.0 ongoing charges I'm ok, not what I would do. I was with Edward Jones for nine years before discovering this board, the Boglehead philosophy, and this ugly truth. A manager recommended me to his advisor and I went with EJ without doing any research...
by Robconoclast
Thu May 18, 2017 11:32 pm
Forum: Investing - Theory, News & General
Topic: Single most important investing advice?
Replies: 97
Views: 13929

Re: Single most important investing advice?

Not advice, but I was a cook making $ 9.50 an hour 11-12 years ago when a manager asked me if I had ever thought about retirement. Second best piece of advice was to leave Edward Jones a year ago yesterday after discovering this board 2 years ago.
by Robconoclast
Tue May 09, 2017 8:22 am
Forum: Local Chapters and Bogleheads Community
Topic: NE Ohio (Cleveland Area) Master Thread
Replies: 125
Views: 26372

Re: NE Ohio (Cleveland Area) Master Thread

I have June 10 at the North Royalton branch listed in my notes from the last meeting.
by Robconoclast
Fri Jan 27, 2017 12:06 pm
Forum: Personal Finance (Not Investing)
Topic: Possbile career moves without college degree
Replies: 39
Views: 4032

Re: Possbile career moves without college degree

I'm 35 and come from a similar background. Rough childhood, food service industry for ten years, and used credit cads for impulsive purchases until the age of 25. I could have went into management, but I tried community college and failed. If he wants to stay in the food industry I'd defanitely put ...
by Robconoclast
Sat Dec 10, 2016 3:27 pm
Forum: Local Chapters and Bogleheads Community
Topic: How Did You Become A Boglehead? What Led You Here?
Replies: 168
Views: 17966

Re: How Did You Become A Boglehead? What Led You Here?

A couple years ago my brother in law lent me two books, The Coffeehouse Investor and Your Money Ratios. Coincidentally at the same time someone I know told me about this forum and our local Boglehead chapter. I began to stockpile the books listed on the Boglehead homepage, attend our chapter's meeti...
by Robconoclast
Sat Dec 10, 2016 11:07 am
Forum: Local Chapters and Bogleheads Community
Topic: NE Ohio (Cleveland Area) Master Thread
Replies: 125
Views: 26372

Re: NE Ohio (Cleveland Area) Master Thread

If you could post the date for the first meeting of the new year it'd be greatly appreciated.

Happy holidays everyone
by Robconoclast
Fri Nov 04, 2016 9:26 am
Forum: Local Chapters and Bogleheads Community
Topic: NE Ohio (Cleveland Area) Master Thread
Replies: 125
Views: 26372

Re: NE Ohio (Cleveland Area) Master Thread

Has a date & topic been selected for the next meeting ?
by Robconoclast
Fri Oct 14, 2016 8:57 am
Forum: Local Chapters and Bogleheads Community
Topic: NE Ohio (Cleveland Area) Master Thread
Replies: 125
Views: 26372

Re: NE Ohio (Cleveland Area) Master Thread

Working the next few Saturdays. As a Browns fan would say...maybe next year
by Robconoclast
Thu Sep 22, 2016 8:28 am
Forum: Personal Consumer Issues
Topic: The Bogleheads' "100 Things Worth Every Penny" List
Replies: 275
Views: 43685

Re: The Bogleheads' "100 Things Worth Every Penny" List

Dr. Scholls heavy duty gel inserts
Costco's Medium Roast House Blend Coffee $9.99, for 2 pounds, whole bean
Tickets for the Cleveland Orchestra during the summer...along with a few bottles of wine
Cleveland Indians tickets with my family and best friend
Amazon Prime
by Robconoclast
Sun Aug 21, 2016 11:21 pm
Forum: Personal Consumer Issues
Topic: What is your system for dealing with coins?
Replies: 123
Views: 10333

Re: What is your system for dealing with coins?

1.) My change jar in my car for occasional parking meters downtown when I go to a show. 2.) My "piggy bank", which is a glass gallon jug in my closet. 3.) Mostly my 2.5 year old son's piggy bank. A few months ago we received $20.00 in pennies from my wife's great Uncle. I counted them one Saturday a...
by Robconoclast
Sat Aug 20, 2016 2:15 pm
Forum: Local Chapters and Bogleheads Community
Topic: NE Ohio (Cleveland Area) Master Thread
Replies: 125
Views: 26372

Re: NE Ohio (Cleveland Area) Master Thread

I hope I'm not violating forum policy/etiquette with this post. Last meeting the idea was presented to have a book borrowing system where we'd lend books to each other and trust one another to return them. I noticed on Amazon that all the books listed as recommended reading have been greatly reduced...
by Robconoclast
Wed Aug 17, 2016 6:55 pm
Forum: Investing - Theory, News & General
Topic: Is there a such thing as a blue collar Boglehead?
Replies: 206
Views: 26653

Re: Is there a such thing as a blue collar Boglehead?

Occasionally brewery people hear it from tourists. "Your job is pretty/so cool, too bad it's not a real job/you don't make much money". We have to keep a poker face and bite our tongues. Huh. Whenever I've heard something like that, it's always been in the context of "It's not work if you actually ...
by Robconoclast
Wed Aug 17, 2016 1:54 pm
Forum: Investing - Theory, News & General
Topic: Is there a such thing as a blue collar Boglehead?
Replies: 206
Views: 26653

Re: Is there a such thing as a blue collar Boglehead?

35 years old, Bottling Line Operator for a microbrewery Do I have a real job ? Well, our bills and mortgage are quite real. Our 401ks, Roth Iras, and son's 529 are quite real. I bite my tongue when people tell me that I don't have a real job Why would anyone think you do not have a real job? Very c...
by Robconoclast
Wed Aug 17, 2016 1:45 pm
Forum: Investing - Theory, News & General
Topic: Is there a such thing as a blue collar Boglehead?
Replies: 206
Views: 26653

Re: Is there a such thing as a blue collar Boglehead?

35 years old, Bottling Line Operator for a microbrewery Do I have a real job ? Well, our bills and mortgage are quite real. Our 401ks, Roth Iras, and son's 529 are quite real. I bite my tongue when people tell me that I don't have a real job Why would anyone think you do not have a real job? Very c...
by Robconoclast
Wed Aug 17, 2016 11:02 am
Forum: Investing - Theory, News & General
Topic: Is there a such thing as a blue collar Boglehead?
Replies: 206
Views: 26653

Re: Is there a such thing as a blue collar Boglehead?

35 years old, Bottling Line Operator for a microbrewery making $32,000 a year not counting optional overtime during our busy season. I tried taking classes at a community college (wanted to be a history teacher) and was an honor student...except for math. Gave up after failing Probably & Statistics....
by Robconoclast
Tue Aug 16, 2016 10:26 am
Forum: Investing - Theory, News & General
Topic: Knowing what you know now...
Replies: 22
Views: 3047

Re: Knowing what you know now...

No, because I wouldn't have learned my lesson and have a friend inform me about this forum. I've been attending local meetings for nearly 2 years now and greatly enjoyed learning. Nor would I have chosen my current job in an industry I love, with a generous 401k with access to great Vanguard funds. ...
by Robconoclast
Mon Aug 01, 2016 10:15 am
Forum: Local Chapters and Bogleheads Community
Topic: NE Ohio (Cleveland Area) Master Thread
Replies: 125
Views: 26372

Re: NE Ohio (Cleveland Area) Master Thread

My apologies...I just went through my notes from the last meeting and I am at fault. August 13 it is. :oops:
by Robconoclast
Sun Jul 31, 2016 11:05 pm
Forum: Local Chapters and Bogleheads Community
Topic: NE Ohio (Cleveland Area) Master Thread
Replies: 125
Views: 26372

Re: NE Ohio (Cleveland Area) Master Thread

Hello, hope everyone is enjoying their summer. Just wanted to see if the next meeting is till on for August 6.
by Robconoclast
Wed Jun 22, 2016 10:59 pm
Forum: Personal Consumer Issues
Topic: What Book Are You Currently Reading? Part VI
Replies: 2854
Views: 894589

Re: What Book Are You Currently Reading? Part VI

Falling Short by Charles Ellis, Alicia Munnell, and Andrew Eschtruth. I'm 35 and in my opinion it defanitely is aimed towards the baby boomer generation. I find it repetitive at times (regarding auto enrollment into 40lks and working until 70) and I can't relate with it. Next is Bernstein's Four Pil...
by Robconoclast
Sun Jun 05, 2016 6:01 pm
Forum: Investing - Theory, News & General
Topic: Biggest investing myths
Replies: 39
Views: 4472

Re: Biggest investing myths

A person needs several thousand dollars in order to start
by Robconoclast
Fri Jun 03, 2016 6:59 pm
Forum: Investing - Help with Personal Investments
Topic: Leaving Edward Jones, but are they having the last laugh.
Replies: 4
Views: 1863

Leaving Edward Jones, but are they having the last laugh.

I received an email from Vanguard stating that the fund transfer from EJ is complete, but there is still $20.00 left in an IRA. I am curious if this has happened to anyone else that has left Edward Jones. On top of the hundreds of dollars I lost by leaving them via fees, is this a technical error or...
by Robconoclast
Thu May 26, 2016 10:32 am
Forum: Investing - Help with Personal Investments
Topic: Another thread about leaving Edward Jones (thank you Bogleheads)
Replies: 3
Views: 712

Re: Another thread about leaving Edward Jones (thank you Bogleheads)

I don't post often as alot of people will answer questions others ask, but I've been attending the meetings for our local chapter in Cleveland and have learned alot thanks to all of you. Cheers !
by Robconoclast
Thu May 26, 2016 8:17 am
Forum: Investing - Help with Personal Investments
Topic: Another thread about leaving Edward Jones (thank you Bogleheads)
Replies: 3
Views: 712

Another thread about leaving Edward Jones (thank you Bogleheads)

I just would like to thank this community for being open about sharing their experiences with Edward Jones, and for posting numerous links to articles and threads exposing their treachery. I made the switch to Vanguard this past Monday after a decade at EJ (age 25-35), and after months of researchin...
by Robconoclast
Fri Apr 22, 2016 10:56 am
Forum: Investing - Help with Personal Investments
Topic: Should I Invest?
Replies: 15
Views: 1546

Re: Should I Invest?

Yes. I was washing dishes at that age for $8.00 an hour and wish I knew we had a 401k available to participate in. It might not have been much, but now at the age of 34 I'd probably have a few more thousand dollars thanks to tone and compound interest. Please do ! :sharebeer
by Robconoclast
Thu Apr 07, 2016 10:48 am
Forum: Local Chapters and Bogleheads Community
Topic: NE Ohio (Cleveland Area) Master Thread
Replies: 125
Views: 26372

Re: NE Ohio (Cleveland Area) Master Thread

Is the next meeting still on for this Saturday ?
by Robconoclast
Fri Jan 15, 2016 11:31 am
Forum: Personal Finance (Not Investing)
Topic: What's your company 401k contribution
Replies: 105
Views: 7392

Re: What's your company 401k contribution

I receive a 25% match of the 6% I put in (they stop matching after that). Profit sharing yearly can be up to 7.5% of my income for the prior year.
by Robconoclast
Thu Jan 14, 2016 11:33 am
Forum: Investing - Theory, News & General
Topic: What would you tell your 25 yr old self?
Replies: 99
Views: 9019

Re: What would you tell your 25 yr old self?

1.) Take advantage of your vacation time and relax for two weeks a year
2.) Congrats on opening a Roth IRA, but invest 12% of your income, not just 6
3.) See #1

I was 26