Search found 295 matches

by carofe
Sun Nov 05, 2017 11:49 pm
Forum: Personal Finance (Not Investing)
Topic: Morningstar: Cognitive decline in aging. A strong case for portfolio simplification?
Replies: 98
Views: 7729

Re: Morningstar: Cognitive decline in aging. A strong case for portfolio simplification?

Hmm, I'm only 35, and 5 years ago I had like six funds, now I only have two. I have learned to really appreciate and listen to Mr Bogle wisdom and thrive with simplicity. Simplicity helps to keep focus and contributes to the success of your financial plans in all seasons.
by carofe
Sat Oct 28, 2017 5:28 pm
Forum: Personal Finance (Not Investing)
Topic: Anti virus protection
Replies: 35
Views: 3739

Re: Anti virus protection

Someone mentioned Malwarebytes. Did any of you recently have a problem with it? I liked it and used it for years. But last week it asked me to download an update, and then it erased itself. After it rebooted it tried to do the same thing again, so I looked, and yes, it was gone from my installed pr...
by carofe
Tue Oct 24, 2017 10:57 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 4148
Views: 1103012

Re: U.S. stocks in freefall

PFInterest wrote:
Tue Oct 24, 2017 9:39 pm
has anyone read this thread from start to finish?
Lol I hope not
by carofe
Tue Oct 24, 2017 10:24 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 4148
Views: 1103012

Re: U.S. stocks in freefall

I wonder if the correction we all have been waiting to happen already happened in 2015 but much more smoother than we expected.
by carofe
Tue Oct 24, 2017 9:41 am
Forum: Personal Consumer Issues
Topic: Converting to Safety Razors
Replies: 116
Views: 11469

Re: Converting to Safety Razors

no need for a shaving brush made from extinct or endangered animals! Pretty much all the badger hair we get in the brushes nowadays is coming from China, where badger are almost in "plague" levels. Farmers are allowed there to hunt them. However, most of the hair production comes from farmed badger...
by carofe
Mon Oct 23, 2017 11:56 pm
Forum: Personal Consumer Issues
Topic: Password Protection
Replies: 79
Views: 5599

Re: Password Protection

I have been using Dashlane for a year now. It works great on all devices. It encrypts everything locally, their servers only have the encrypted version of my passwords. I used to use KeePass but I wanted to use a Password Manager with good support, easy to use and intuitive so I could get my wife to...
by carofe
Mon Oct 23, 2017 11:45 pm
Forum: Personal Finance (Not Investing)
Topic: Heading to ER, surprise bills [update: home again]
Replies: 44
Views: 5537

Re: Urgent! Heading to ER, surprise bills

Being in the hospital several times for the last two years, my recommendation is that you request to the hospital that you want to be seen by in-network providers only. Sometimes the hospital assign to you an out-of-network provider without your knowledge and you may end up with pretty big bills. Th...
by carofe
Mon Oct 23, 2017 7:51 pm
Forum: Personal Consumer Issues
Topic: Converting to Safety Razors
Replies: 116
Views: 11469

Re: Converting to Safety Razors

In fact, in the business world they call it the "Gillette razor and blades model", "Give 'em the razor; sell 'em the blades". Actually, the safety razor and blade business was the source of this aphorism. Gillette sold the razors at a loss to get people started with his at the time new fangled blad...
by carofe
Mon Oct 23, 2017 2:58 pm
Forum: Personal Consumer Issues
Topic: Converting to Safety Razors
Replies: 116
Views: 11469

Re: Converting to Safety Razors

It also depends a lot on how frequently you shave and the kind of beard you have. So really when you see that a blade lasts somebody that long you can’t really compare to yourself and think you will be able to get the same result. I have a Southern European beard, very thick. The blades won’t last a...
by carofe
Mon Oct 23, 2017 10:21 am
Forum: Investing - Theory, News & General
Topic: Why do I need bonds? (I'm 30)
Replies: 70
Views: 6464

Re: Why do I need bonds? (I'm 30)

I wouldn't definitely tell my kids to go 100% stocks, ever. I would tell them to go 70/30 or even 60/40 until they are more knowledgable and they experience their first drop in the market. Then, and after then, I would recommend them to adjust to their needs. I can't count how many people around me ...
by carofe
Mon Oct 23, 2017 10:08 am
Forum: Personal Consumer Issues
Topic: Converting to Safety Razors
Replies: 116
Views: 11469

Re: Converting to Safety Razors

Just read an article over at Art of Manliness http://www.artofmanliness.com/2008/01/04/how-to-shave-like-your-grandpa/ and decided to take the plunge. I was mostly moved by the cost effectiveness of spending pennies per blade. The mach 3 and replacement cartriges were too much of a luxury. I used t...
by carofe
Sat Oct 21, 2017 8:33 pm
Forum: Investing - Help with Personal Investments
Topic: Link to Peter Bernstein the 60/40 solution full article
Replies: 8
Views: 929

Re: Link to Peter Bernstein the 60/40 solution full article

Silk McCue wrote:
Sat Oct 21, 2017 7:54 pm
The link only displays the first page on my iPad. On my windows PC it actually downloads the document and I can then open it and find all the pages.
Yup, that was what happened. My iPad only displayed the first page. On my Mac laptop I can download the whole article.

Thank you all.
by carofe
Sat Oct 21, 2017 7:40 pm
Forum: Investing - Help with Personal Investments
Topic: Link to Peter Bernstein the 60/40 solution full article
Replies: 8
Views: 929

Re: Link to Peter Bernstein the 60/40 solution full article

Taylor Larimore wrote:
Sat Oct 21, 2017 7:25 pm
carofe:

Here is the link. It is a wonderful article!

http://web.archive.org/web/200612140619 ... in6040.pdf

Best wishes.
Taylor
Taylor thank you for the link. Unfortunately, that link only has the first page of the article.
by carofe
Sat Oct 21, 2017 7:20 pm
Forum: Investing - Help with Personal Investments
Topic: Link to Peter Bernstein the 60/40 solution full article
Replies: 8
Views: 929

Link to Peter Bernstein the 60/40 solution full article

Hi,
All links I find in this forum and in google to the web archive version of the article has only the first page of the pdf. I wonder if somebody has a full copy of the article in their computer and wouldn’t mind sharing it :). I would love to read it. Thank you.
by carofe
Sat Oct 21, 2017 5:36 pm
Forum: Investing - Theory, News & General
Topic: Why do I need bonds? (I'm 30)
Replies: 70
Views: 6464

Re: Why do I need bonds? (I'm 30)

You may not need bonds, but wouldn't you want them after reviewing ##3 and 5 here: http://www.schwab.com/public/schwab/investing/why_choose_schwab/investing_principles ? That’s another excellent point. A balanced portfolio can perform better overall than all stock portfolio in a given period that w...
by carofe
Sat Oct 21, 2017 11:12 am
Forum: Investing - Theory, News & General
Topic: Shiller: the 1987 stock market panic can happen again
Replies: 29
Views: 2742

Re: Shiller: the 1987 stock market panic can happen again

Mr. Market, please, please, crash!! We are all being waiting for it, talking about it, anxious about it, gambling about the date, creating thread about it every other day. Crash!!
by carofe
Sat Oct 21, 2017 9:02 am
Forum: Investing - Theory, News & General
Topic: Why do I need bonds? (I'm 30)
Replies: 70
Views: 6464

Re: Why do I need bonds? (I'm 30)

Liquidity in the bad times. Having Cash in the bad times has two benefits: it keeps your food on the table, and it gives you the opportunity of your lifetime to buy assets (stock, real estate) at a extremely low price.
by carofe
Thu Oct 19, 2017 9:44 am
Forum: Investing - Theory, News & General
Topic: Bogle himself is saying we will expect like 3% for the next decades
Replies: 141
Views: 15980

Re: Bogle himself is saying we will expect like 3% for the next decades

I'm very sure that most people here that criticize Bogle for his prediction, or are saying that his prediction can be completely different to what may happen, have never read his book Common Sense Investing where he shows you details about the one decade predictions and how fairly accurate they can...
by carofe
Wed Oct 18, 2017 12:41 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe:Better To Face The Correction
Replies: 51
Views: 6610

Re: Larry Swedroe:Better To Face The Correction

Nonsense - when the oil market was tanking about two years ago, oils sold off like they were going out of business +1 Same for emerging markets (ok, these are expected to be more volatile). The catch is that when there's a crash in the making, it's not that the market crashes just because. There's ...
by carofe
Wed Oct 18, 2017 12:38 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe:Better To Face The Correction
Replies: 51
Views: 6610

Re: Larry Swedroe:Better To Face The Correction

Thank you for posting. I really enjoyed reading the article. I saved it to my Evernote notebook.
by carofe
Tue Oct 17, 2017 11:14 pm
Forum: Personal Consumer Issues
Topic: Converting to Safety Razors
Replies: 116
Views: 11469

Re: Converting to Safety Razors

You can get 100 double edge blades for your safety razor for less than $20 and you can shave at least three time with one blade. That’s 300 shaves.
by carofe
Tue Oct 17, 2017 4:28 pm
Forum: Personal Consumer Issues
Topic: Converting to Safety Razors
Replies: 116
Views: 11469

Re: Converting to Safety Razors

I switched to a safety razor like 10 years ago. Not going back. I get my gears and blades from ebay and from https://www.westcoastshaving.com/. And you can get a lot of good help and recommendation in this community: https://www.badgerandblade.com/ Just a warning: It can be additive ;). Cartridge is...
by carofe
Tue Oct 17, 2017 10:14 am
Forum: Investing - Theory, News & General
Topic: Bogle himself is saying we will expect like 3% for the next decades
Replies: 141
Views: 15980

Re: Bogle himself is saying we will expect like 3% for the next decades

I opened today Common Sense on Mutual Funds the Fully Updated 10th Anniversary edition to look for Tactical Allocation and the first page I opened had this title: “Fairly Valued at 100 times earnings? And it goes to explain some interesting articles about people staying back in the 1998 that the soc...
by carofe
Mon Oct 16, 2017 5:28 pm
Forum: Investing - Theory, News & General
Topic: Bogle himself is saying we will expect like 3% for the next decades
Replies: 141
Views: 15980

Re: Bogle himself is saying we will expect like 3% for the next decades

I'm very sure that most people here that criticize Bogle for his prediction, or are saying that his prediction can be completely different to what may happen, have never read his book Common Sense Investing where he shows you details about the one decade predictions and how fairly accurate they can ...
by carofe
Mon Oct 16, 2017 5:22 pm
Forum: Investing - Theory, News & General
Topic: Bogle himself is saying we will expect like 3% for the next decades
Replies: 141
Views: 15980

Re: Bogle himself is saying we will expect like 3% for the next decades

The same guy we laud for the quote "Nobody knows nothin'". Yet here he is making predictions. What's wrong with this picture? If you read his book you realize that he says that 1 decade predictions for the whole market can be fairly accurate (he shows you numbers in there) and necessary for planing...
by carofe
Sat Oct 14, 2017 9:24 pm
Forum: Investing - Help with Personal Investments
Topic: Need help with current market (voo,vti)
Replies: 48
Views: 2151

Re: Need help with current market (voo,vti)

Bond yield are also still at historic lows and when yield increases, bond prices drop. However, people have been saying that for 10 years and those that put everything in cash have missed out. Try putting 50% in stocks and 50% in bonds and then move bonds to stocks over the next year or so. Yes I r...
by carofe
Sat Oct 14, 2017 9:12 pm
Forum: Personal Consumer Issues
Topic: Antivirus Software Recommendations
Replies: 41
Views: 3102

Re: Antivirus Software Recommendations

Another vote for Malwarebytes Premium. I recommend you have a backup system setup as well, like https://www.backblaze.com/
by carofe
Fri Oct 06, 2017 11:28 pm
Forum: Investing - Theory, News & General
Topic: Bogle himself is saying we will expect like 3% for the next decades
Replies: 141
Views: 15980

Re: Bogle himself is saying we will expect like 3% for the next decades

I think Jack Bogle, Wareen Buffet and Vanguard all predict that we will see low return for the next decade.
10 years period return usually end up being very similar to what was predicted.

We will see how it goes after all and if it picks up after 10 years
by carofe
Mon Sep 11, 2017 1:09 pm
Forum: Investing - Theory, News & General
Topic: [WSJ] Your Tolerance for Investment Risk Is Probably Not What You Think
Replies: 49
Views: 6342

Re: [WSJ] Your Tolerance for Investment Risk Is Probably Not What You Think

The psychological impact on me in 2008-2009 was not "-52%." It was "Countrywide and Northern Rock and Merrill Lynch and Bear Stearns and Indymac and (!!!) Fannie Mae and Freddie Ma and :!: :!: LEHMAN BROTHERS and Washington Mutual and AIG and Citibank and I don't even remember them all. That's a go...
by carofe
Mon Sep 11, 2017 11:04 am
Forum: Investing - Theory, News & General
Topic: [WSJ] Your Tolerance for Investment Risk Is Probably Not What You Think
Replies: 49
Views: 6342

[WSJ] Your Tolerance for Investment Risk Is Probably Not What You Think

I found this article today in the WSJ, and I kind of agree with his point of view. I have come to the same conclusions even before I knew about Bogleheads when presented with those questions. https://www.wsj.com/articles/your-tolerance-for-investment-risk-is-probably-not-what-you-think-1505096160 Wh...
by carofe
Sat Aug 05, 2017 9:58 pm
Forum: Personal Finance (Not Investing)
Topic: User names and passwords
Replies: 5
Views: 1038

Re: User names and passwords

Usernames usually are for identification and passwords for authentication. If you use different password everywhere, I don't see a problem with using the same username.

Chromebooks are good against attacks from the web. No that sure about privacy.
by carofe
Sat Jul 29, 2017 4:05 pm
Forum: Investing - Theory, News & General
Topic: John Bogle Has Been Right About Investing In International Stocks
Replies: 505
Views: 35009

Re: John Bogle Has Been Right About Investing In International Stocks

Not everybody sees Indexing as a dogma. For instance, if I lived in Venezuela and you asked me if I would put all my stock part of my portfolio in the national market I would probably tell you "no way! If I lived in Spain and you asked me the same question, I would think: well, how is the historical...
by carofe
Sat Jul 29, 2017 11:08 am
Forum: Investing - Theory, News & General
Topic: John Bogle Has Been Right About Investing In International Stocks
Replies: 505
Views: 35009

Re: How much international stock? A suggestion.

That is not the point. The point is much of Taylor's argument would have also applied to a Japanese investor before their crisis, with disastrous consequences. Will that happen here? Perhaps not. It is a risk. Everyone should do what they feel is right for themselves, but can not ignore some common...
by carofe
Wed Jul 26, 2017 10:26 am
Forum: Investing - Theory, News & General
Topic: John Bogle Has Been Right About Investing In International Stocks
Replies: 505
Views: 35009

Re: John Bogle Has Been Right About Investing In International Stocks

Bogle has certainly not been right YTD. International is kicking domestic's butt YTD in 2017: http://bigcharts.marketwatch.com/kaavio.Webhost/charts/big.chart?nosettings=1&symb=vti&uf=0&type=2&size=2&sid=697110&style=320&freq=1&entitlementtoken=0c33378313484ba9b46b8e24ded87dd6&time=19&rand=15734536...
by carofe
Tue Jul 25, 2017 10:58 am
Forum: Investing - Help with Personal Investments
Topic: Pausing 401k to Pay Debts?
Replies: 48
Views: 2555

Re: Pausing 401k to Pay Debts?

I think the question is "Can you afford to save for retirement now?". The answer to that question depend on your current budget and how far you can get adjusting current spending and income. If I were you, I would look for refinancing to lower interest rate, get rid of one car, and try to boost the ...
by carofe
Mon Jul 24, 2017 11:17 am
Forum: Investing - Theory, News & General
Topic: John Bogle Has Been Right About Investing In International Stocks
Replies: 505
Views: 35009

Re: John Bogle Has Been Right About Investing In International Stocks

Excoriating the OP for presenting facts that don't agree with some unstated "conclusion" that others have drawn on a contentious strategy is ridiculous. Why do you think Taylor is telling us that "Mr. Bogle has been right"? What conclusion are we to draw from that fact–or was the post pointless? I ...
by carofe
Sat Jul 22, 2017 6:20 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: REITs Aren't Special
Replies: 106
Views: 9372

Re: Larry Swedroe: REITs Aren't Special

This reflects a change of heart. REITs were once a "must have" asset class by the advocates of factor tilting. What happened is that all of the yield chasing put REIT valuations out of sight, that is, they no longer represent value. There was also rethinking about commodities, once recommended and ...
by carofe
Wed Jul 19, 2017 2:10 pm
Forum: Personal Finance (Not Investing)
Topic: Eliminate 0% CC balance?
Replies: 30
Views: 2531

Re: Eliminate 0% CC balance?

Mentally, it's bothering me to have the debt. However I do understand it's for lack of better terms free money. Would it be considered rational to just pay it off? It is 6,000. Or should I just continue my 12 month schedule to pay it down and invest/save the money instead? Do you have a good emerge...
by carofe
Fri Jun 09, 2017 11:08 am
Forum: Personal Consumer Issues
Topic: Dave Ramsey Financial Peace University ??? worth it?
Replies: 120
Views: 9436

Re: Dave Ramsey Financial Peace University ??? worth it?

I know people that have been in his program, got of of debt, and now feel like they should aggressively pay off a 3.5% mortgage before saving for college and retirement because "Debt is dumb." They will lambast me for using a CC and paying it off every month while I am on pace to retire with $5MM+ ...
by carofe
Thu Jun 08, 2017 9:42 am
Forum: Personal Consumer Issues
Topic: Dave Ramsey Financial Peace University ??? worth it?
Replies: 120
Views: 9436

Re: Dave Ramsey Financial Peace University ??? worth it?

There are other alternatives: * Crown Ministries * YNAB free online classes + Rick Van Ness free online investing videos * https://www.learnvest.com/ if you want more direct involvement of a financial planner. I agree with others here: Mr. Ramsey takes the Debt rejection thing to the extreme and his...
by carofe
Thu Jun 08, 2017 9:31 am
Forum: Investing - Help with Personal Investments
Topic: Vanguard High-Yield Corporate Fund Investor Shares VWEHX
Replies: 47
Views: 4793

Re: Vanguard High-Yield Corporate Fund Investor Shares VWEHX

The Lipper card can tell you some good information comparing with other funds in the category: http://quotes.wsj.com/mutualfund/VWEHX It looks to me that she is looking for good yield. I think there is nothing wrong with titling your bond portfolio a little bit to high yields when you are retired. S...
by carofe
Wed Jun 07, 2017 4:23 pm
Forum: Personal Finance (Not Investing)
Topic: Budgeting
Replies: 47
Views: 4063

Re: Budgeting

For those who use Excel to track spending vs budget, how do you update your spreadsheet with actual transactions? Manually entering them or downloading them periodically and formatting them, etc. has always held back my attempts to budget in Excel. I haven't committed the time to invest in using Qu...
by carofe
Tue Jun 06, 2017 1:40 pm
Forum: Personal Finance (Not Investing)
Topic: Budgeting
Replies: 47
Views: 4063

Re: Budgeting

First Paper + Envelope system with Cash,
Then Excel + Envelope system with Cash for almost 3 years
Finally, currently using YNAB web app and mobile app version + Plastic for over a year.
by carofe
Thu May 25, 2017 5:53 pm
Forum: Personal Finance (Not Investing)
Topic: When does Saving become missing out on life?
Replies: 74
Views: 9422

Re: When does Saving become missing out on life?

It all depends what is enough for you.
Are you saving also for traveling? That would be fun. Ultimately, we save to be able to spend more tomorrow.

Regarding savings and goal: https://www.ally.com/do-it-right/money/ ... -to-money/
by carofe
Mon May 22, 2017 2:05 pm
Forum: Personal Finance (Not Investing)
Topic: Net worth is overrated
Replies: 76
Views: 10539

Re: Net worth is overrated

Instead of Net Worth I check the individual items in the list conforming the Net Worth: * How much insecure debt we have to compare against the last year and to see if we need a more aggressive plan. * Car value vs their loan balance * House value vs House mortgage balance * Investment Net worth bal...
by carofe
Sun May 21, 2017 10:46 am
Forum: Investing - Theory, News & General
Topic: Home Country Bias...makes sense?
Replies: 235
Views: 12123

Re: Home Country Bias...makes sense?

Some people feel Ok about investing mainly in the USA, some don't and like to weight globally. Oh well do whatever you think is best with your money. I read the Bogle book and I'm convinced that the USA return is good enough for my stock part of the allocation. Diversifying to reduce equity risk for...
by carofe
Sat May 20, 2017 4:30 pm
Forum: Investing - Theory, News & General
Topic: Home Country Bias...makes sense?
Replies: 235
Views: 12123

Re: Home Country Bias...makes sense?

Hi all. When Taylor Larimore (much respect) was asked "why not market weights?" by someone trying to pick their US vs International allocation, Taylor replied with this list of concerns: Several reasons: * Higher costs * Approximately half the sales of our 500 largest companies are to foreigners * ...
by carofe
Fri May 19, 2017 9:04 am
Forum: Personal Consumer Issues
Topic: Which Small SUV for 15 Year Reliability?
Replies: 92
Views: 10103

Re: Which Small SUV for 15 Year Reliability?

My caveat is that the notion of keeping a car for 15 years may no longer be feasible for those who put a high value on safety. (Some people may also put a high value on creature comforts, "infotainment" and other such "toys." I'm not one of them but I don't try to put down those who do. Chacun à so...
by carofe
Fri May 19, 2017 8:59 am
Forum: Personal Consumer Issues
Topic: Which Small SUV for 15 Year Reliability?
Replies: 92
Views: 10103

Re: Which Small SUV for 15 Year Reliability?

Maybe your younger than me but Ive managed to survive over 40 years on this rock, for over half those years riding in cars that did not even have airbags, anti-lock brakes or rear seat shoulder belts... Just wanted to point out that this is the literal definition of survivorship bias. :mrgreen: My ...