Search found 223 matches

by carofe
Mon Mar 20, 2017 11:07 pm
Forum: Investing - Theory, News & General
Topic: Bogle Interview CNN - Sat.
Replies: 70
Views: 4145

Re: Bogle Interview CNN - Sat.

He also sounded a little ominous on the current market trajectory, and did not sound bullish at all on the current admininstration. Did anybody catch that? If so, will there be a market correction at some point in near future. I know this is irrelevant for bogleheads but just wanted to get some tho...
by carofe
Mon Mar 20, 2017 8:57 am
Forum: Investing - Theory, News & General
Topic: Bogle Interview CNN - Sat.
Replies: 70
Views: 4145

Re: Bogle Interview CNN - Sat.

Excellent interview, and excellent comments and answers from him. Sometimes the truth is hard to hear.
by carofe
Sun Mar 19, 2017 5:06 pm
Forum: Personal Consumer Issues
Topic: Rule of Thumb for Getting Rid of Car
Replies: 51
Views: 5330

Re: Rule of Thumb for Getting Rid of Car

My rule of thumbs: 250k miles.
You can still put another 100k in that car!

$3k repair bill is much less than buying another car.
Usually those massive bills are to replace components that will last you at least another 80k or so more miles.
by carofe
Sun Feb 26, 2017 10:18 am
Forum: Investing - Theory, News & General
Topic: Buffett Annual Letter 2016 [Jack Bogle is a hero]
Replies: 69
Views: 5528

Re: Buffett Annual Letter 2016 [Jack Bogle is a hero]

I'm a firm believer in a simple total stock market index and bonds index portfolio a-la Mr Bogle, and I agree with Buffett. However, I think this is kind of childish that he had *one* bad experience with a hedge fund and now he is claiming 'index funds!!!' You know, it is like buying one car that tu...
by carofe
Sun Feb 26, 2017 10:09 am
Forum: Investing - Theory, News & General
Topic: Buffett Annual Letter 2016 [Jack Bogle is a hero]
Replies: 69
Views: 5528

Re: Buffett praises index funds, Bogle; unaware of Bogle's statue

P.S. I've previously expressed annoyance at Buffett's too-short utterances that always leave unexplained questions. An obvious one, which continues to go unanswered, is that he has said, over and over again, very plainly, variations on this: Both large and small investors should stick with low-cost...
by carofe
Thu Feb 23, 2017 1:05 pm
Forum: Investing - Help with Personal Investments
Topic: S&P at 22 times multiple
Replies: 40
Views: 4644

Re: S&P at 22 times multiple

If I use P/E to time the market I should then sell VTSAX shares, but if I use P/E to see the expected return in the next 10 years then I need to buy more VTSAX shares (take more risk so I can make it), which I'm not comfortable with right now. Hmmm, I think I'm just going to do nothing. Rebalancing ...
by carofe
Thu Feb 23, 2017 9:18 am
Forum: Investing - Help with Personal Investments
Topic: S&P at 22 times multiple
Replies: 40
Views: 4644

Re: S&P at 22 times multiple

Reversion to the Mean of the PE is something seen in a period of 10 years according to the Bogle's observation in his book The reversion can happen in a crash or in small corrections or just in poor positive returns (the PE can get adjusted down even with positive returns in a year). As Buffett said...
by carofe
Mon Feb 20, 2017 7:29 pm
Forum: Personal Finance (Not Investing)
Topic: Credit cards vs. Cash
Replies: 123
Views: 7093

Re: Credit cards vs. Cash

Our own experience doing the cash envelop system for few years vs YNAB for one year so far. When in YNAB we enter the transactions immediately and see the available money going down we will spend less regardless of if it is cash or it is card. It is more about: * the hard limit in how much you can s...
by carofe
Mon Feb 20, 2017 6:20 pm
Forum: Personal Finance (Not Investing)
Topic: Expense tracking categories question
Replies: 9
Views: 710

Re: Expense tracking categories question

Mint can be a great tool for what you want. You can just use their categories.
by carofe
Sat Feb 18, 2017 6:52 pm
Forum: Personal Finance (Not Investing)
Topic: 1.3 million dollars in debt
Replies: 36
Views: 8356

Re: 1.3 million dollars in debt

Thank you all for the quick replies. Paying off the high interest student loan debt definitely seems like a no brainer. That being said, I know I can get 4 or 4.5% fixed if I refinance the student loans with a private institution. My worry is this; the second I do that, the bubble will burst and fe...
by carofe
Fri Feb 17, 2017 11:06 am
Forum: Investing - Help with Personal Investments
Topic: Need portfolio/asset clarification
Replies: 7
Views: 388

Re: Need portfolio/asset clarification

I have 10k for initial investment Something simple like $5k in Total US Stock Market in Taxable and $5k in Total US Bond Market in Tax advantage may work great for you, because of simplicity of and because 10k is not a lot. However if you tell us the whole picture (debts, other investments) you can...
by carofe
Fri Feb 17, 2017 10:39 am
Forum: Investing - Help with Personal Investments
Topic: Need portfolio/asset clarification
Replies: 7
Views: 388

Re: Need portfolio/asset clarification

Do you have cash you want to invest or do you want to roll over existing investments?
by carofe
Fri Feb 17, 2017 10:30 am
Forum: Personal Consumer Issues
Topic: http://www.hp-drivers-download.com/?
Replies: 19
Views: 654

Re: http://www.hp-drivers-download.com/?

Run away from it as fast as you can
by carofe
Fri Feb 17, 2017 10:27 am
Forum: Personal Finance (Not Investing)
Topic: Bogleheads not the norm?
Replies: 116
Views: 10532

Re: Bogleheads not the norm?

I'm a lower-income Boglehead who has never made more than 50k a year. I don't have a 7-figure portfolio. I don't always stay within my budget, nor did I ever max out all my retirement accounts. When I learned about investing over 20 years ago, the Bogleheads approach just made sense to me. In my op...
by carofe
Fri Feb 17, 2017 10:20 am
Forum: Personal Consumer Issues
Topic: Establishing Priorities - Work vs Life Balance
Replies: 22
Views: 2807

Re: Establishing Priorities - Work vs Life Balance

I work hard and extra hours every week, and we participate actively at our church weekly; yet I have time to spend with family and kid... we don't have a TV, we don't have a choice but look at each other's face when we are home :mrgreen:
by carofe
Wed Feb 15, 2017 10:55 am
Forum: Personal Finance (Not Investing)
Topic: Bogleheads not the norm?
Replies: 116
Views: 10532

Re: Bogleheads not the norm?

I recently signed up to BH, but was born following the Boglehead philosophy (though I didn't know that's what it was called). That said, 20+ years ago when I was a few years into my career and moving out on my own, I had no emergency fund, was not contributing to my 401k, had credit card debt and s...
by carofe
Fri Dec 30, 2016 9:44 am
Forum: Personal Finance (Not Investing)
Topic: Multi Millionaire with no credit rating
Replies: 52
Views: 5433

Re: Multi Millionaire with no credit rating

It is the result of the current system. You have to play the system and yet keep your principles. I was all cash also but then I realized if I had the right tools I can do credit cards: automatic full balance payment at the end of the month + YNAB to make sure I stay in the budget. With YNAB I treat...
by carofe
Fri Dec 30, 2016 9:40 am
Forum: Personal Consumer Issues
Topic: How old is your vehicle?
Replies: 200
Views: 14163

Re: How old is your vehicle?

VW Jetta 2008, 92k
Toyota Highlander 2005, 112k
by carofe
Fri Dec 30, 2016 9:37 am
Forum: Investing - Help with Personal Investments
Topic: Advice for staying the course
Replies: 20
Views: 2019

Re: Advice for staying the course

To stay the course all you need is understanding mutual funds, the risk and rewards of investing and discipline. *Understanding: You need some understanding about Investing, the risks and rewards and index funds benefits for individual investors. Have you read The Little Book of Common Sense Investi...
by carofe
Wed Nov 30, 2016 12:56 pm
Forum: Investing - Theory, News & General
Topic: Paul Merriman challenges John Bogle
Replies: 157
Views: 13911

Re: Paul Merriman challenges John Bogle

whodidntante wrote:Real men only invest in EM small cap value, fully leveraged.


100% EM small cap value, because the long-term numbers say so! :D
by carofe
Thu Nov 24, 2016 6:22 pm
Forum: Investing - Theory, News & General
Topic: Why International Stocks
Replies: 73
Views: 7670

Re: Why International Stocks

One word: Japan. If something like the Japan bubble and crash happens in the USA, your 50/50 USA/Intl portfolio won't save you either. Also, as of today, pretty much everybody here knows when the market is extremely overvalued and can take precautions (http://www.multpl.com). In addition to that, t...
by carofe
Thu Nov 24, 2016 5:43 pm
Forum: Investing - Theory, News & General
Topic: Why International Stocks
Replies: 73
Views: 7670

Re: Why International Stocks

... Sounds sorta like market timing to me ;) That would be actually the only time I would do "market timing" by reducing my stock allocation (but not cashing out or anything crazy like that), when the valuation of SP500 is too high. Just to manage risk, not to chase high performance. Then...
by carofe
Thu Nov 24, 2016 5:08 pm
Forum: Investing - Theory, News & General
Topic: Why International Stocks
Replies: 73
Views: 7670

Re: Why International Stocks

One word: Japan. If something like the Japan bubble and crash happens in the USA, your 50/50 USA/Intl portfolio won't save you either. Also, as of today, pretty much everybody here knows when the market is extremely overvalued and can take precautions (http://www.multpl.com). In addition to that, t...
by carofe
Thu Nov 24, 2016 3:51 pm
Forum: Investing - Theory, News & General
Topic: Why International Stocks
Replies: 73
Views: 7670

Re: Why International Stocks

One word: Japan. If something like the Japan bubble and crash happens in the USA, your 50/50 USA/Intl portfolio won't save you either. Also, as of today, pretty much everybody here knows when the market is extremely overvalued and can take precautions (http://www.multpl.com). In addition to that, t...
by carofe
Mon Nov 21, 2016 11:25 pm
Forum: Investing - Help with Personal Investments
Topic: crash
Replies: 10
Views: 1684

Re: crash

Vulcan721, I think you may need some adjustment in your portfolio to feel more comfortable. You need three components in your portfolio stock/bonds/cash. Probably 50% stock, 50% bonds and some in cash to cover expenses for two years would work. Wellington- 49%, Wellesley- 25%, Dividend Growth-6% Hea...
by carofe
Mon Nov 21, 2016 2:18 pm
Forum: Investing - Help with Personal Investments
Topic: Just joining the party
Replies: 15
Views: 1810

Re: Just joining the party

When (not "if") equities takes a down significant turn, having 20% minimum in bonds will allow you to rebalance in a more significant way exactly when equities are cheap. This will improve your returns. This is a cornerstone of Modern Portfolio Theory. It should be covered in all the good...
by carofe
Sun Nov 20, 2016 5:05 pm
Forum: Investing - Help with Personal Investments
Topic: Should I buy the etf or mutual fund?
Replies: 6
Views: 800

Re: Should I buy the etf or mutual fund?

Option 1) Just wait until you can get back into FSTVX. From your other thread you only have a week or two to wait. That will keep your portfolio simple. It sounds like after market-timing you're now trying to chase returns by worrying about what might happen if you don't get back in tomorrow. Optio...
by carofe
Sun Nov 20, 2016 4:28 pm
Forum: Investing - Help with Personal Investments
Topic: Just joining the party
Replies: 15
Views: 1810

Re: Just joining the party

If you just follow the advice from the book Common Sense of Mutal Funds from Bogle you can just do: 80/20 for yonder accumulators: 80 US Total Stock Market Fund (e.g. VTSMX) 20 Intermediate Term Bond Fund (e.g. VBIIX) A lot of folks in this forum would tell you something else, and ask you to invest ...
by carofe
Sun Nov 20, 2016 4:17 pm
Forum: Personal Consumer Issues
Topic: linux versus Mac for the average PC user
Replies: 58
Views: 3307

Re: linux versus Mac for the average PC user

I have at home a PC with Windows 10, a laptop that I have upgraded to SSD with Ubuntu, and a Chromebook that I use daily for finances, emails, etc... And also a Macbook Pro 15' from work. Windows: too slow, it freezes for now reason (16GB RAM, four cores, very decent hardware), I dislike it. Linux L...
by carofe
Fri Nov 18, 2016 2:09 pm
Forum: Investing - Help with Personal Investments
Topic: Son has some cash to invest
Replies: 37
Views: 2552

Re: Son has some cash to invest

Check this out: https://investor.vanguard.com/mutual-funds/lifestrategy/#/ He needs to understand the risk and then choose an allocation according to how long he will have the money invested. If he is planing to use the money for a house down payment, why not just a CD? Sometimes when the market goe...
by carofe
Tue Nov 15, 2016 11:03 pm
Forum: Investing - Theory, News & General
Topic: Why patience and discipline are key to investing, it's temperament not intellect
Replies: 38
Views: 5289

Re: Why patience and discipline are key to investing, it's temperament not intellect

The bottom line to me is that you must have a strong belief system in whatever you invest in. For awhile in the 1990s I had a strong belief system in what I invested in. I had a great system. That was almost exclusively high growth NASDAQ stocks and the latest , greatest performing mutual funds. I ...
by carofe
Mon Nov 14, 2016 7:53 pm
Forum: Investing - Theory, News & General
Topic: Idea behind investing is NOT to get rich...
Replies: 51
Views: 9157

Re: The secret of financial happiness

I have dealt with poor people in developed countries in my life and I can tell you there are two kinds: * The ones that got there because of life events: migrated to a new country being too old, refugees, disabled, sickness, etc... * The ones that are poor because of an income problem because didn'...
by carofe
Sat Nov 12, 2016 10:33 pm
Forum: Investing - Help with Personal Investments
Topic: Mortgage Interest Rates In 3-5 Years
Replies: 11
Views: 1297

Re: Mortgage Interest Rates In 3-5 Years

Hard to tell, the outlook is that we are going to have low yields as the new norm for a while because nations they now think that's the way to bring growth and compete in the international markets in this worn out economy. But you never know, maybe in 3 years the circumstances are different and they...
by carofe
Sat Nov 12, 2016 10:25 pm
Forum: Investing - Theory, News & General
Topic: Idea behind investing is NOT to get rich...
Replies: 51
Views: 9157

Re: The secret of financial happiness

Spend less than income = happiness. Spend more than income = misery. I can understand that is only figuratively speaking. But some people's income is such that the most that they can afford while living within their means is renting a tiny apartment or living with roommates. I bet they would be hap...
by carofe
Fri Nov 11, 2016 3:23 pm
Forum: Investing - Theory, News & General
Topic: Why patience and discipline are key to investing, it's temperament not intellect
Replies: 38
Views: 5289

Re: Why patience and discipline are key to investing, it's temperament not intellect

http://www.etf.com/sections/index-investor-corner/swedroe-diversification-long-term Three compelling conclusions I think one can draw from the table presented. I also think the fact that every factor, including market beta, goes through long periods of underperformance is one reason why the premium...
by carofe
Tue Nov 01, 2016 2:30 pm
Forum: Investing - Theory, News & General
Topic: [MarketWatch] These charts say bull market’s ‘best days’ are still ahead
Replies: 5
Views: 902

[MarketWatch] These charts say bull market’s ‘best days’ are still ahead

http://www.marketwatch.com/story/these-charts-say-bull-markets-best-days-are-still-ahead-2016-11-01 What do you guys think about these charts? I know past performance doesn't guarantee you anything about the future; but I think long term patterns may repeat because of the human nature and the fact t...
by carofe
Sat Oct 22, 2016 11:02 pm
Forum: Investing - Help with Personal Investments
Topic: Regrets using ETFs
Replies: 65
Views: 5961

Re: Regrets using ETFs

I think the only difference for me is the operation. With ETF you can't buy partial shares as you do in a mutual fund, this will complicate your rebalancing/buying/selling operations since you have to operate with whole shares.
Having uninvested cash for me is just noise.
by carofe
Thu Oct 06, 2016 9:57 pm
Forum: Personal Finance (Not Investing)
Topic: Moving From Quicken: Moneydance, YNAB, GnuCash or other?
Replies: 32
Views: 3826

Re: Moving From Quicken: Moneydance, YNAB, GnuCash or other?

I definitely understand this concern. For years now, I've preferred to keep as much of my financial data locally stored and backed up as possible. But I do see the cloud computing/storage as the future. And from a security standpoint, it's becoming difficult for me to convince myself that my local ...
by carofe
Thu Oct 06, 2016 10:08 am
Forum: Local Chapters and Bogleheads Community
Topic: How Did You Become A Boglehead? What Led You Here?
Replies: 168
Views: 14154

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

Finances out of control -> SOS -> Google -> Dave Ramsey -> Reading about Investing from Dave Ramsey website there was a guy in the comments saying "index funds! Bogleheads!" -> found the forum, bought the books and moved IRA from Franklin to Vanguard -> faithful indexer since then :). Thes...
by carofe
Thu Oct 06, 2016 9:57 am
Forum: Personal Finance (Not Investing)
Topic: Moving From Quicken: Moneydance, YNAB, GnuCash or other?
Replies: 32
Views: 3826

Re: Moving From Quicken: Moneydance, YNAB, GnuCash or other?

If you are looking for more like a tracking software see mint.com, Personal Capital or SigFig.

YNAB is for proactive budgeting, I don't think you would like it unless you want a change.
by carofe
Fri Sep 09, 2016 11:55 pm
Forum: Investing - Theory, News & General
Topic: Do Bogleheads Budget?
Replies: 113
Views: 14629

Re: Do Bogleheads Budget?

Budgeting is not a black/white thing. Some people need it, some don't. This is why you may need it: you tend to overspend, or as a tool to agree with your spouse and see the trade off clearly (if we spend in this then we need to cut in that), or as a way to know your limits if you have a tight incom...
by carofe
Wed Aug 24, 2016 5:56 pm
Forum: Investing - Help with Personal Investments
Topic: How do you view debt?
Replies: 108
Views: 7568

Re: How do you view debt?

There is no way you can live without debt in the USA all your life. Basic needs like transportation (car purchases, repairs bills), and medical expenses are so high that they can get you in debt fairly easy. Especially when you are just starting your life with no savings and low paying jobs. People ...
by carofe
Sun Aug 14, 2016 9:24 am
Forum: Personal Finance (Not Investing)
Topic: Need advice re:debt vs savings
Replies: 15
Views: 1329

Re: Need advice re:debt vs savings

One other point: I've used a few online calculators and it seems that even putting off taxable savings for retirement by another year (and paying down debt instead) puts me at a disadvantage even after factoring in the increased savings using the loan payment money once the loans are gone. Yup, tha...
by carofe
Sun Aug 14, 2016 9:19 am
Forum: Personal Consumer Issues
Topic: Are you on Facebook?
Replies: 144
Views: 9978

Re: Are you on Facebook?

I closed mine two years ago. If I want to communicate with people I use specialized forums and networks like this one, or just Google Hangout/email, etc...
by carofe
Sun Aug 14, 2016 9:15 am
Forum: Personal Finance (Not Investing)
Topic: Car Safety and Personal Finance
Replies: 13
Views: 820

Re: Car Safety and Personal Finance

You can buy safe cars that are ten years old. In fact, I just purchased a 2005 Toyota Highlander, and the two things I looked at to decide was reliability and safety (http://www.consumerreports.org/video/view/cars/news/4117252198001/consumer-reports-2015-best-used-cars/). Unless I'm in a very very b...
by carofe
Sat Aug 13, 2016 11:15 am
Forum: Investing - Theory, News & General
Topic: Confession~ I timed the market today
Replies: 31
Views: 3652

Re: Confession~ I timed the market today

Sacrilege!!!! :D
by carofe
Sat Aug 13, 2016 11:10 am
Forum: Personal Finance (Not Investing)
Topic: Any lawyers out there. Bike hits car, minor and parents have no insurance
Replies: 91
Views: 7692

Re: Any lawyers out there. Bike hits car, minor and parents have no insurance

I had a similar problem with a homeless guy running into my SUV with a bike. The homeless guy ended laying back on the road injured. The police came, and the homeless began to claim I hit him :annoyed. But several witnesses and the traffic camera discouraged him from keeping lying. The emergency off...
by carofe
Sun Aug 07, 2016 4:47 pm
Forum: Personal Finance (Not Investing)
Topic: Sell Condo to pay off Student Loans?
Replies: 117
Views: 6069

Re: Sell Condo to pay off Student Loans?

Thanks for asking! I'm in the process of applying for a HELOC to pay off my student loans and considering adding my current mortgage to it as well. I got approved for a rate of 3.09% variable with no fees - which is much better than my current 5.75% fixed rate. If the rates should start to climb, I...
by carofe
Wed Jul 27, 2016 7:33 pm
Forum: Investing - Theory, News & General
Topic: Bogleheads approach explained in one paragraph
Replies: 13
Views: 1566

Re: Bogleheads approach explained in one paragraph

"Buy-and-hold, long-term, all-market-index strategies, implemented at rock-bottom cost, are the surest of all routes to the accumulation of wealth" - John C. Bogle

Go to advanced search