Search found 990 matches

by cinghiale
Tue Feb 21, 2017 6:32 pm
Forum: Investing - Help with Personal Investments
Topic: "High conviction investing"
Replies: 26
Views: 1339

Re: "High conviction investing"

Meg77 wrote,
Phineas J. Whoopee wrote:
High conviction in the sense of Madoff's 150 year sentence?
PJW


This made me LOL. :D


Me, too. Great reply!
by cinghiale
Sat Feb 18, 2017 10:10 am
Forum: Personal Finance (Not Investing)
Topic: "With $15 Left in the Bank, a Baby Boomer Makes Peace With Less" -- A cautionary tale
Replies: 37
Views: 4520

Re: "With $15 Left in the Bank, a Baby Boomer Makes Peace With Less" -- A cautionary tale

I am a professor and I see the rising of cost of education these days. Tuitions and expenses are up quickly, because the students can "afford" the cost. Why? Every students are encouraged to seek every available "financial aids", and these aids, mostly loans, are readily availab...
by cinghiale
Sat Feb 18, 2017 8:36 am
Forum: Personal Finance (Not Investing)
Topic: "With $15 Left in the Bank, a Baby Boomer Makes Peace With Less" -- A cautionary tale
Replies: 37
Views: 4520

Re: "With $15 Left in the Bank, a Baby Boomer Makes Peace With Less" -- A cautionary tale

Not to sidetrack this thread into a debate about higher education and colleague expenses, but there's a fairly simple (though not a fun ) plan for getting a Bachelor's degree without ending up with a mountain of debt. A prospective student could : 1) Stay at home for the first two years and attend t...
by cinghiale
Sat Feb 18, 2017 6:39 am
Forum: Personal Finance (Not Investing)
Topic: "With $15 Left in the Bank, a Baby Boomer Makes Peace With Less" -- A cautionary tale
Replies: 37
Views: 4520

Re: "With $15 Left in the Bank, a Baby Boomer Makes Peace With Less" -- A cautionary tale

Dottie57 wrote: Somtimes I end up seeing myself in these articles. I am one of those people who buys a latte every day and sometimes a sweet. My day doesn't seem right without it and I admit it. However, I am still living in my starter home which I bought 30 years ago. My cars are kept until I feel...
by cinghiale
Fri Feb 17, 2017 7:46 am
Forum: Investing - Theory, News & General
Topic: Charlie Munger's Comments on Index Funds versus "Stock Picking"
Replies: 12
Views: 2126

Re: Charlie Munger's Comments on Index Funds versus "Stock Picking"

You wonder how much more blunt someone of Munger's stature needs to be before this sinks in. This quote should be front page news: "The index thing is absolute agony for investment professionals … who have almost no chance of beating it," Munger said. "Most people handle that with den...
by cinghiale
Thu Feb 16, 2017 5:21 pm
Forum: Investing - Theory, News & General
Topic: Why is American funds returns too good to be true?
Replies: 45
Views: 5029

Re: Why is American funds returns too good to be true?

You have the perfect username for any consideration of funds with 5.75% front loads.
by cinghiale
Thu Feb 16, 2017 5:19 pm
Forum: Personal Consumer Issues
Topic: Best time for massage?
Replies: 15
Views: 1973

Re: Best time for massage?

OK, I just spent the last 40 minutes rummaging around online and looking at both the Augustiniansky Dum web page and Trip Advisor. The place receives glowing reviews for all aspects of the stay: food, hospitality, facilities, staff, and value. Please post again once you have completed your stay, and...
by cinghiale
Thu Feb 16, 2017 4:52 pm
Forum: Personal Finance (Not Investing)
Topic: What's the secret to happiness?
Replies: 39
Views: 2580

Re: What's the secret to happiness?

Lots of good ideas and insights thus far... I would add one element to the mix: I am happy when I'm able to indulge and (to some degree) satisfy my curiosity. Or pleased, or fulfilled, or contented, or at peace, or whatever other term may help with a definition of happy . I like the Jason Zweig quot...
by cinghiale
Thu Feb 16, 2017 7:27 am
Forum: Personal Consumer Issues
Topic: Best time for massage?
Replies: 15
Views: 1973

Re: Best time for massage?

Victoria , Will the spa trip include thermal waters? We have been to spas in Germany and Hungary, and have had to find ways to "strategize" the timing of massages and hot water treatments. Problems like these are good to have! If you have access to thermal pools, you can have a soak in th...
by cinghiale
Tue Feb 14, 2017 10:18 am
Forum: Investing - Help with Personal Investments
Topic: MetLife Promise Whole Life Select 10
Replies: 16
Views: 1157

Re: MetLife Promise Whole Life Select 10

Incomplete information. Way too little here to be able to offer an opinion. OP, how old are you? Is there a point at which this policy will be fully paid up? If yes, in how many years? What benefits would be gained by keeping this policy? What does it offer, besides a life benefit? And, if you happe...
by cinghiale
Tue Feb 14, 2017 9:38 am
Forum: Investing - Help with Personal Investments
Topic: Forbes Article - Best Vanguard funds for retirement
Replies: 12
Views: 866

Re: Forbes Article - Best Vanguard funds for retirement

Take a close look right under the writer's byline: I write on high yield assets that deliver a reliable income stream So that's the lens through which his makes his recommendations. The guy likes yield. Do you? Is achieving a high yield an important component of your investment and retirement planni...
by cinghiale
Thu Feb 09, 2017 4:09 pm
Forum: Local Chapters and Bogleheads Community
Topic: Your USER NAME...what does it mean?
Replies: 251
Views: 9136

Re: Your USER NAME...what does it mean?

As the avatar indicates, cinghiale is Italian for wild boar. Explanation-wise, there's really nothing to offer. I'm not Italian, don't hunt, and don't eat pigs, not even wild ones. It was a whim of the moment when signing up for the forum over ten years ago. That said, I've grown rather attached to ...
by cinghiale
Thu Feb 09, 2017 3:23 am
Forum: Investing - Theory, News & General
Topic: 3 Vanguard Funds That Are Taking on Water
Replies: 5
Views: 2137

Re: 3 Vanguard Funds That Are Taking on Water

Good article. Great concluding line,
(Tactical Asset Allocation is) just another game in which the winners are the product purveyors, not the investors.
by cinghiale
Tue Feb 07, 2017 12:25 pm
Forum: Investing - Theory, News & General
Topic: Vanguard's Wellesley Income fund is incredible
Replies: 112
Views: 18439

Re: Vanguard's Wellesley Income fund is incredible

Post #1000! Hoo-rah!! listedguru , Wellesley is an excellent choice for someone who wants to get in the market, but fears a loss of capital. As has already been mentioned, it has had only a handful of losing years since 1970, and the losing years have been light-to-moderate. I'm a long-term and voca...
by cinghiale
Tue Feb 07, 2017 4:58 am
Forum: Investing - Theory, News & General
Topic: Too good to be true? [Bogleheads' model of index investing]
Replies: 48
Views: 5622

Re: Too good to be true?

Could it be that actively managed funds are "too bad to be true?" I like what ByThePond wrote above (middle paragraph). Jack Bogle is credited for pointing out that the expertise needed for so many other professions simply doesn't translate into the management of finances. We want-- heck, ...
by cinghiale
Sat Feb 04, 2017 4:23 pm
Forum: Investing - Theory, News & General
Topic: Rekenthaler: "The Limits of Investment Math"
Replies: 3
Views: 671

Re: Rekenthaler: "The Limits of Investment Math"

livesoft wrote: Yes, I agree with the article. The most useful math I need is to keep expenses very low, so no advisor fees, no commisssions, and no taxes. I think the above is more result than process. Mathematical aptitude, or numeracy , to use John Allen Paulos' term, greatly aids in grasping wh...
by cinghiale
Sat Feb 04, 2017 10:30 am
Forum: Personal Consumer Issues
Topic: Any books really change your outlook on life?
Replies: 270
Views: 40735

Re: Any books really change your outlook on life?

I just went back to reread this thread and get some good ideas for reading. Thanks, everyone, for such thoughtful recommendations and, for some titles, critiques. If I can rephrase the original question to include "Any books really change your thinking and behavior?", I'd like to offer the...
by cinghiale
Sat Feb 04, 2017 6:26 am
Forum: Investing - Help with Personal Investments
Topic: Ethically Grading Your Portfolio
Replies: 21
Views: 1300

Re: Ethically Grading Your Portfolio

While I applaud the intent behind such a conversation, I'm always brought up short by the consideration of "whose ethics?" will apply. How do you set your standard(s)? I know the OP used "big oil," "defense manufacturers," and "guns" only as examples. But even...
by cinghiale
Sat Feb 04, 2017 5:48 am
Forum: Investing - Help with Personal Investments
Topic: Mentorship Request for 2017 Allocation/Contributions
Replies: 7
Views: 789

Re: Mentorship Request for 2017 Allocation/Contributions

clilllllout mentioned,
Emergency funds: In high-yield checking account (4.59% APY on $20,000)

Pray tell! Where are you getting 4.59% in a checking account with 20,000 on deposit? I'll be happy to pull together $250,000,00 (the maximum for FDIC insurance) for a checking account like that.
by cinghiale
Thu Feb 02, 2017 4:31 am
Forum: Investing - Help with Personal Investments
Topic: How do you guys ignore this stuff?
Replies: 80
Views: 8083

Re: How do you guys ignore this stuff?

In addition to the good advice offered thus far, check out this current thread posted by Larry Swedroe . Larry both posts and reviews his list of "sure things" as proffered by the experts. Take a look at the track record for 2016: https://www.bogleheads.org/forum/viewtopic.php?t=209644 And...
by cinghiale
Thu Feb 02, 2017 4:17 am
Forum: Personal Finance (Not Investing)
Topic: Milestone and gotta tell someone
Replies: 61
Views: 5385

Re: Milestone and gotta tell someone

Your subject line says it all. It's nice to reach these kinds of milestones. There's a lot of peace of mind that comes with a mortgage-free life. And it's nice to share good news with others, and let them be part of your happiness and sense of accomplishment. Unfortunately, news like this told to fa...
by cinghiale
Sun Jan 29, 2017 12:33 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard Active Funds
Replies: 36
Views: 2884

Re: Vanguard Active Funds

I've been in Wellesley Income for a long time, and it accounts for 25% of my retirement holdings. That said, I would never own Wellesley, with only 60 or so dividend stocks, as my sole holding. I suspect the OP is asking his/her question as a theoretical one, to tease out which active funds get vote...
by cinghiale
Fri Jan 20, 2017 3:47 pm
Forum: Investing - Theory, News & General
Topic: The Jack Bogle Appreciation Curve
Replies: 3
Views: 980

Re: The Jack Bogle Appreciation Curve

Like most good cartoons, meant to elicit a chuckle and a nod of recognition and agreement.

This is like an investment version of the Kubler-Ross stages of grief.

All who have passed through these stages... please indicate with a simple :beer
by cinghiale
Wed Jan 18, 2017 12:55 pm
Forum: Personal Finance (Not Investing)
Topic: Not bad for a community organizer
Replies: 8
Views: 1070

Re: Not bad for a community organizer

So, before the police come by and place a boot on this jalopy, what's your point in posting it?
by cinghiale
Wed Jan 18, 2017 10:00 am
Forum: Investing - Help with Personal Investments
Topic: What's a bearish investor to do?
Replies: 33
Views: 4262

Re: What's a bearish investor to do?

aaronl , check out the thread that Taylor initiated yesterday, entitled "The Year in Alternative Funds: A Bumpy Road With Some Bright Spots." https://www.bogleheads.org/forum/viewtopic.php?f=10&t=208520&newpost=3199358 The linked article on Morningstar is worth your time and a goo...
by cinghiale
Wed Jan 18, 2017 7:56 am
Forum: Investing - Theory, News & General
Topic: "The Year in Alternative Funds: A Bumpy Road With Some Bright Spots"
Replies: 21
Views: 2279

Re: "The Year in Alternative Funds: A Bumpy Road With Some Bright Spots"

dkturner wrote: You have to read the article to find the names of some of the "blind squirrels" who found acorns last year. Yes, right. I should have phrased my question a bit differently, to read, "Where, exactly, are the bright spots in these overall categories in relation to the p...
by cinghiale
Wed Jan 18, 2017 7:16 am
Forum: Investing - Theory, News & General
Topic: "The Year in Alternative Funds: A Bumpy Road With Some Bright Spots"
Replies: 21
Views: 2279

Re: "The Year in Alternative Funds: A Bumpy Road With Some Bright Spots"

Thank you, Taylor , for posting this. Just this week I read and extended and impassioned call for including a similar list of "Alternatives" to the tune of 20% to 30% of one's portfolio. This listing of returns for 2016 provides a nice splash of cold water over any serious consideration of...
by cinghiale
Tue Jan 17, 2017 12:49 pm
Forum: Investing - Help with Personal Investments
Topic: So, I'm going to gamble (for fun) and buy some individual stocks. Best way?
Replies: 65
Views: 3901

Re: So, I'm going to gamble (for fun) and buy some individual stocks. Best way?

:thumbsup To what arcticpineapplecorp wrote and,


:thumbsup To what Kitty Telltales said to make sure it stays in the spotlight within this thread.
by cinghiale
Tue Jan 17, 2017 12:18 pm
Forum: Investing - Help with Personal Investments
Topic: So, I'm going to gamble (for fun) and buy some individual stocks. Best way?
Replies: 65
Views: 3901

Re: So, I'm going to gamble (for fun) and buy some individual stocks. Best way?

I find some irony in someone picking "TheBogleWay" as a user name and then coming out of the starting gate posting about stock picking.
by cinghiale
Sun Jan 15, 2017 3:36 pm
Forum: Personal Finance (Not Investing)
Topic: Relocating to Berlin upon retiring. Please critique my plan.
Replies: 17
Views: 1939

Re: Relocating to Berlin upon retiring. Please critique my plan.

I don't want to sound a discouraging note, but it is likely you will need to choose between part time work and language acquisition. If you are in your 60s and starting with a new language, you are going to need lots of extended and focused time. If you find work, it will be as an English speaker. S...
by cinghiale
Sun Jan 15, 2017 11:32 am
Forum: Personal Consumer Issues
Topic: How much do you typically spend in a restaurant?
Replies: 171
Views: 9836

Re: How much do you typically spend in a restaurant?

OK, don't hate me for this one... One of the great joys of living in Europe is the "Menu of the Day." Here's a quick description of what it is and how it came to be in Spain: http://catavino.net/the-menu-of-the-day-spains-best-culinary-value-for-your-euro/ Two to three times per week we ha...
by cinghiale
Sun Jan 15, 2017 10:51 am
Forum: Investing - Theory, News & General
Topic: 3 Vanguard Funds That Are Taking on Water
Replies: 29
Views: 5664

Re: 3 Vanguard Funds That Are Taking on Water

Note the concluding sentence in the article: Like the other Vanguard funds on our picks to sell now, VEXPX is an outstanding long-term holding. But if minimizing risk is your goal, now is the time to back away. In a way, this makes moot the preceding recommendations. If long term bonds or real estat...
by cinghiale
Sun Jan 15, 2017 10:32 am
Forum: Investing - Theory, News & General
Topic: Flagship Reps
Replies: 62
Views: 5279

Re: Flagship Reps

Thus far, no one has mentioned that you can always talk with your Flagship representative if you make an appointment. With just one day's lead time, I have found that my rep always has at least one time slot available. If something is more urgent, I can take my chances and talk with whichever rep is...
by cinghiale
Thu Jan 12, 2017 1:45 pm
Forum: Personal Consumer Issues
Topic: Where Can a Self-Supporting Retiree Move?
Replies: 32
Views: 3605

Re: Where Can a Self-Supporting Retiree Move?

Lots of missing information here. OP... what would you say is the single most important factor leading you to consider a move abroad? I think Victoria provided a good shopping list of possibilities. May I add a few diagnostic questions? -- Have you lived outside the US for any considerable length of...
by cinghiale
Tue Jan 03, 2017 1:42 pm
Forum: Investing - Theory, News & General
Topic: Why Mix Asset Classes in a Single Fund?
Replies: 20
Views: 1492

Re: Why Mix Asset Classes in a Single Fund?

livesoft wrote: Funds like Wellington and Wellesley practically owe their existence to these kinds of investors. I would be surprised if you asked owners of either of these two funds if they even knew the percentage of equities in their portfolios. Well, El Greco beat me to it, but I'll jump in and...
by cinghiale
Mon Jan 02, 2017 12:10 pm
Forum: Investing - Theory, News & General
Topic: This is a good weekend to start tracking your net worth.
Replies: 69
Views: 5635

Re: This is a good weekend to start tracking your net worth.

I want to second Watty's suggestion. Also, I doubly second it for those who are contemplating retirement or who have just retired. Over the years I have used January 1st as a day to "run the numbers" and see what the big number (net worth) is, and how it has changed since the year before. ...
by cinghiale
Sun Jan 01, 2017 12:34 pm
Forum: Investing - Help with Personal Investments
Topic: What are your portfolio/investments?
Replies: 38
Views: 2540

Re: What are your portfolio/investments?

Since David chimed in as one of the more aggressive investors in the forum, I'll toss in my allocation (just determined a few hours ago during my annual asset allocation review) as one of the more conservative. Age: 61, and retired since 12.31.15. US Equities: 24%. (Most all in total stock index, wi...
by cinghiale
Sat Dec 31, 2016 12:21 pm
Forum: Investing - Theory, News & General
Topic: Spending during retirement
Replies: 9
Views: 973

Re: Spending during retirement

Sheepdog wrote, I will add to that our New Years Eve, which is also our 56th anniversary, dinner tonight. :D I couldn't let this pass without comment. Happy 56th anniversary to you! We just celebrated 34 years of very happy togetherness on Christmas Day eve, another memorable date for a wedding. Ho...
by cinghiale
Fri Dec 30, 2016 1:30 am
Forum: Investing - Theory, News & General
Topic: How A 28-Year-Old Who Retired With A $2 Million Net Worth Is Investing In 2017
Replies: 42
Views: 5738

Re: How A 28-Year-Old Who Retired With A $2 Million Net Worth Is Investing In 2017

I liked the way she described her "thoughtways" concerning investing. The second point, in particular, can protect one from falling into confirmation bias when learning about and considering an investment or investment strategy. I feel I’ve gotten pretty far on just two things.First, don’t...
by cinghiale
Wed Dec 28, 2016 11:31 am
Forum: Investing - Help with Personal Investments
Topic: Sell or keep these funds
Replies: 4
Views: 411

Re: Sell or keep these funds

You need to go in for a second editing and add the fund names to the ticker symbols. You will get more responses if people do not have to look up each of the funds referenced in your post.
by cinghiale
Thu Dec 22, 2016 11:21 am
Forum: Personal Consumer Issues
Topic: Afraid of retirement??
Replies: 55
Views: 4209

Re: Afraid of retirement??

adamthesmythe wrote: cinghiale wrote: I retired one year ago this coming week. In the months leading up to my departure, I served as a walking Rorschach Test for retirement. Colleagues I had barely spoken with over the years wanted to talk about why and how I had decided to retire, their own exit s...
by cinghiale
Thu Dec 22, 2016 8:41 am
Forum: Personal Consumer Issues
Topic: Afraid of retirement??
Replies: 55
Views: 4209

Re: Afraid of retirement??

I retired one year ago this coming week. In the months leading up to my departure, I served as a walking Rorschach Test for retirement. Colleagues I had barely spoken with over the years wanted to talk about why and how I had decided to retire, their own exit strategy, and/or all the reasons why the...
by cinghiale
Mon Dec 19, 2016 1:51 pm
Forum: Investing - Help with Personal Investments
Topic: Retired and now have a Blank canvas
Replies: 16
Views: 1617

Re: Retired and now have a Blank canvas

ginstwin , Per your question about vendors, you can easily match up the Vanguard fund recommendations with comparable Fidelity index funds. However, be careful on this: Sometimes a Fidelity fund with a similar name will have an expense ratio 14 times that of the index fund offering. For example, ch...
by cinghiale
Mon Dec 19, 2016 12:55 pm
Forum: Investing - Help with Personal Investments
Topic: Retired and now have a Blank canvas
Replies: 16
Views: 1617

Re: Retired and now have a Blank canvas

Welcome to the forum! A few disparate thoughts from someone who crossed the Atlantic in the other direction as you made your move. (Now living in Spain.) 1) Congrats on choosing Texas. It's one of the three or four best states in the U.S. for retirees and for money management in retirement. 2) I con...
by cinghiale
Sun Dec 18, 2016 1:30 pm
Forum: Personal Finance (Not Investing)
Topic: Retirees: How much cash do you keep?
Replies: 103
Views: 9267

Re: Retirees: How much cash do you keep?

livesoft asked, For instance, does anyone think that anything said in this thread will make people reduce their allocation to cash? Or increase their allocation to cash? Yup. I, for one, attempt to always test my thinking and decisions against "the wisdom of crowds" as it is presented in ...
by cinghiale
Fri Dec 16, 2016 3:11 pm
Forum: Personal Finance (Not Investing)
Topic: Retirees: How much cash do you keep?
Replies: 103
Views: 9267

Re: Retirees: How much cash do you keep?

We are a few short weeks away from completing year one of retirement. In 2015, we bumped up the cash held in our checking account rather considerably... pretty much covering a full year of expenses. That provided a nice psychological security blanket. Now, after an "uneventful" and crisis-...
by cinghiale
Mon Dec 12, 2016 3:12 am
Forum: Investing - Help with Personal Investments
Topic: Difficult choices among ability, willingness, and need to take risk
Replies: 28
Views: 2605

Re: Difficult choices among ability, willingness, and need to take risk

Fascinating post. I've always liked the "ability, willingness, need" thought construct and have made my retirement investment choices with it in mind. I think you will receive a variety of replies, so here's just one perspective. In retirement, I think that "need" trumps "ab...

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