Search found 6749 matches

by nedsaid
Sat Mar 25, 2017 8:01 pm
Forum: Investing - Theory, News & General
Topic: So why exactly is everyone gloomy about bonds?
Replies: 33
Views: 3277

Re: So why exactly is everyone gloomy about bonds?

I am not gloomy about bonds, just realistic. We had a 30 plus year bull market in bonds from 1982 until the mid-2013 "taper tantrum." Bond prices have wobbled around since then but I believe the bond bull market is over. My gosh, even the most optimistic bond bulls don't expect interest ra...
by nedsaid
Sat Mar 25, 2017 8:34 am
Forum: Investing - Help with Personal Investments
Topic: Too much Large Cap?
Replies: 14
Views: 730

Re: Too much Large Cap?

I have VFINIX (S&P 500 Inst.) & VITSX (Total Stock Inst.) in my 401k. Pretty much equal $ amounts. Same ER .04. I got them when my company added Vanguard Funds (Happy day!). I know Total Stock is my keeper but the S&P Fund has done well too I can't pull the trigger to sell. My other fun...
by nedsaid
Sat Mar 25, 2017 8:26 am
Forum: Personal Finance (Not Investing)
Topic: Are Bogleheads in the minority on the use of investment advisors?
Replies: 81
Views: 4223

Re: Are Bogleheads in the minority on the use of investment advisors?

It is appalling to see the amount of financial ignorance that is out there. There are people out there who believe that businesses are rivers of cash that just flow. Most people don't know how business and the economy work and thus could not begin to understand investments. They just assume it is so...
by nedsaid
Wed Mar 22, 2017 8:30 pm
Forum: Investing - Help with Personal Investments
Topic: I would appreciate comments on my asset allocation.
Replies: 18
Views: 1206

Re: I would appreciate comments on my asset allocation.

Retirement Assets: His IRA - Value low seven-figures: 7.5% Vanguard 500 Index (VFIAX) 7.5% Vanguard Value Index (VVIAX) 7.5% Vanguard Small-Cap Index (VSMAX) 7.5% Vanguard Small-Cap Value Index (VSIAX) 5% Vanguard REIT Index Fund (VGSLX) 2.5% Vanguard Developed Markets Index (VTMGX) 5% iShares MSCI...
by nedsaid
Wed Mar 22, 2017 8:15 pm
Forum: Investing - Help with Personal Investments
Topic: How to find and interview my new Advisor ?
Replies: 15
Views: 1040

Re: How to find and interview my new Advisor ?

Thank you NedSaid. Coming from you means a lot. Yes, I am learning a lot when talking with each advisor during 'free' consultation but I feel like I should first complete reading this wiki. Each time I learned something. My insurance company did a very good job and made sensible suggestions like ad...
by nedsaid
Wed Mar 22, 2017 8:00 pm
Forum: Investing - Help with Personal Investments
Topic: Fearful Investor and Close to Retirement
Replies: 69
Views: 7906

Re: Fearful Investor and Close to Retirement

I think the idea is fine as long as the $100k money market gets invested in something. CDs might be a good choice if you don't want to put that money into a bond fund (which is what I'd do). People don't discuss ladders of individual bonds much around here. I don't now why. CD ladders do come up fr...
by nedsaid
Wed Mar 22, 2017 7:45 pm
Forum: Personal Finance (Not Investing)
Topic: Endless Job Interviews (with same company)
Replies: 58
Views: 5503

Re: Endless Job Interviews (with same company)

It is really appalling how poorly companies treat their job candidates. Most of the time when you don't make the cut, you never hear back. Just silence. To me, that is incredibly rude particularly when they say they will get back to you. Even finalists for a job are met with silence if not selected...
by nedsaid
Tue Mar 21, 2017 9:11 am
Forum: Personal Finance (Not Investing)
Topic: Inlaw Suddenly Wants Financial Security in 60's..
Replies: 27
Views: 4036

Re: Inlaw Suddenly Wants Financial Security in 60's..

The only place where I give much financial advice is here on this forum where at least there is a willing audience. I can't tell you how many times I have gotten the "deer in the headlights" look from people when I have attempted to give investing advice. People are sometimes paralyzed wit...
by nedsaid
Tue Mar 21, 2017 8:34 am
Forum: Investing - Help with Personal Investments
Topic: How to find and interview my new Advisor ?
Replies: 15
Views: 1040

Re: How to find and interview my new Advisor ?

As you continue through the process of interviewing advisors, you will learn how the process works. I had portfolio reviews performed by Ameriprise, my mutual fund company, my independent broker, and oddly enough my insurance company. Each time I learned something. My insurance company did a very go...
by nedsaid
Mon Mar 20, 2017 5:17 pm
Forum: Investing - Help with Personal Investments
Topic: I thought I knew my desired AA
Replies: 76
Views: 3217

Re: I thought I knew my desired AA

You never know your desired asset allocation until you go through a bear market. I have been through two 50% down bear markets since 2000 and found that 70% stocks and 30% barely worked for me. Now I am age 57, and I have 67% stocks and 33% bonds and cash. The emotional pain of loss, even if it is ...
by nedsaid
Mon Mar 20, 2017 5:07 pm
Forum: Personal Finance (Not Investing)
Topic: Endless Job Interviews (with same company)
Replies: 58
Views: 5503

Re: Endless Job Interviews (with same company)

It is really appalling how poorly companies treat their job candidates. Most of the time when you don't make the cut, you never hear back. Just silence. To me, that is incredibly rude particularly when they say they will get back to you. Even finalists for a job are met with silence if not selected...
by nedsaid
Mon Mar 20, 2017 5:04 pm
Forum: Investing - Help with Personal Investments
Topic: I thought I knew my desired AA
Replies: 76
Views: 3217

Re: I thought I knew my desired AA

A 60% stocks/40% bonds balanced portfolio is a good asset allocation for almost anyone in my opinion. If you research the returns of balanced funds, you will be amazed at how good the returns are and how steady the funds are. Almost every mutual fund company has one, and as long as the fees are rea...
by nedsaid
Mon Mar 20, 2017 3:52 pm
Forum: Investing - Help with Personal Investments
Topic: How to find and interview my new Advisor ?
Replies: 15
Views: 1040

Re: How to find and interview my new Advisor ?

A good alternative to an advisor managed portfolio would be a Target Risk Fund at a mutual fund company. These come in Aggressive, Moderate, and Conservative flavors. Fund companies that offer these will have 3-5 such funds. Just pick the risk level you want. This way you get just one layer of fees,...
by nedsaid
Mon Mar 20, 2017 3:43 pm
Forum: Personal Finance (Not Investing)
Topic: Endless Job Interviews (with same company)
Replies: 58
Views: 5503

Re: Endless Job Interviews (with same company)

It is really appalling how poorly companies treat their job candidates. Most of the time when you don't make the cut, you never hear back. Just silence. To me, that is incredibly rude particularly when they say they will get back to you. Even finalists for a job are met with silence if not selected....
by nedsaid
Mon Mar 20, 2017 3:36 pm
Forum: Investing - Help with Personal Investments
Topic: ETF advice for retirement portfolio
Replies: 7
Views: 418

Re: ETF advice for retirement portfolio

Following up what livesoft said, I would start out with a three fund portfolio using vanguard etfs (VTI, VXUS, and BND). I would not recommend implementing a factor based investing plan (tilting, diversifying across asset classes, increasing efficiency, whatever you want to call it) until you have ...
by nedsaid
Mon Mar 20, 2017 3:29 pm
Forum: Investing - Help with Personal Investments
Topic: I thought I knew my desired AA
Replies: 76
Views: 3217

Re: I thought I knew my desired AA

You never know your desired asset allocation until you go through a bear market. I have been through two 50% down bear markets since 2000 and found that 70% stocks and 30% barely worked for me. Now I am age 57, and I have 67% stocks and 33% bonds and cash. The emotional pain of loss, even if it is t...
by nedsaid
Mon Mar 20, 2017 3:24 pm
Forum: Investing - Help with Personal Investments
Topic: Moving American Funds
Replies: 11
Views: 541

Re: Moving American Funds

I too think the American Funds are good funds once you get past the load (which is already a sunk cost in this case). The problem with keeping the American Funds is that they are not very tax-efficient because they are actively managed. They also have higher expense ratios. Overall, the costs are h...
by nedsaid
Mon Mar 20, 2017 2:25 pm
Forum: Investing - Help with Personal Investments
Topic: Starting a Roth IRA - Questions
Replies: 15
Views: 727

Re: Starting a Roth IRA - Questions

What I would do is go to Vanguard and buy either a Target Date Retirement or a LifeStrategy Fund. At age 25, I would look at buying a Vanguard Target Date Retirement 2055 fund, which will be quite aggressive. As you get older, the fund will become more conservative, that is less stocks and more bond...
by nedsaid
Mon Mar 20, 2017 2:14 pm
Forum: Investing - Help with Personal Investments
Topic: I thought I knew my desired AA
Replies: 76
Views: 3217

Re: I thought I knew my desired AA

A 60% stocks/40% bonds balanced portfolio is a good asset allocation for almost anyone in my opinion. If you research the returns of balanced funds, you will be amazed at how good the returns are and how steady the funds are. Almost every mutual fund company has one, and as long as the fees are reas...
by nedsaid
Mon Mar 20, 2017 2:09 pm
Forum: Investing - Help with Personal Investments
Topic: Moving American Funds
Replies: 11
Views: 541

Re: Moving American Funds

I am in a minority here in that I actually like the American funds. There are a lot worse things a person can do rather than going to an advisor and paying a load and buying and holding American Funds. They tend to have good performance with lower volatility. They have a deep bench of fund managers ...
by nedsaid
Mon Mar 20, 2017 1:58 pm
Forum: Investing - Help with Personal Investments
Topic: How to find and interview my new Advisor ?
Replies: 15
Views: 1040

Re: How to find and interview my new Advisor ?

I called Fidelity Go but they charge 30 bos with no Human touch, I am tempted to sign up with Schwab Intelligent with 28 bps with CFP access. I still looking for a local face-2-face hourly. What I am finding out now that my only options are folks here in BogleHeads vs anyone on the market or local....
by nedsaid
Mon Mar 20, 2017 1:47 pm
Forum: Investing - Help with Personal Investments
Topic: I would appreciate comments on my asset allocation.
Replies: 18
Views: 1206

Re: I would appreciate comments on my asset allocation.

Hi, After researching asset allocations from Lazy Portfolios, Bogleheads contributors, Rick Ferri, Burton Malkiel, William Bernstein and Larry Swedroe I decided on the following portfolio. Understanding the limitations of back testing I used it as a major part of my decision making. Emergency funds...
by nedsaid
Mon Mar 20, 2017 12:29 pm
Forum: Investing - Help with Personal Investments
Topic: S&P 500 long-term investment: Mutual Fund vs. ETF?
Replies: 23
Views: 834

Re: S&P 500 long-term investment: Mutual Fund vs. ETF?

If you can reinvest the dividends in the S&P 500 ETF for free, the choice between a fund and an ETF would be a wash. Thank you for your reply. Fidelity currently offers both the mutual fund (FUSVX) and the ETF (IVV) with no trading/reinvestment charge. That could change anytime in the future. Y...
by nedsaid
Mon Mar 20, 2017 11:47 am
Forum: Investing - Help with Personal Investments
Topic: S&P 500 long-term investment: Mutual Fund vs. ETF?
Replies: 23
Views: 834

Re: S&P 500 long-term investment: Mutual Fund vs. ETF?

If you can reinvest the dividends in the S&P 500 ETF for free, the choice between a fund and an ETF would be a wash. If I wanted an S&P 500 ETF, I would probably choose the SPDR S&P 500 which trades with very high volumes and is very established. It has a 0.10% expense and I wouldn't qui...
by nedsaid
Mon Mar 20, 2017 11:35 am
Forum: Investing - Theory, News & General
Topic: Vanguard's comments on the economy and markets
Replies: 5
Views: 552

Re: Vanguard's comments on the economy and markets

Garland, I feel like an old geezer at the coffee shop complaining about high property taxes and how much better things were in the old days. Boy, young people have it so tough now. Bond yields at 8% and cheap stocks everywhere, boy those where the days. I largely agree with what Vanguard has been sa...
by nedsaid
Mon Mar 20, 2017 10:32 am
Forum: Investing - Help with Personal Investments
Topic: How to find and interview my new Advisor ?
Replies: 15
Views: 1040

Re: How to find and interview my new Advisor ?

If you want portfolio management, you might consider going to the robots. I am a Fidelity customer and have looked into their Fidelity Go service and have liked what I have seen. A firm like Wealthfront would likely do a good job for you. My best guess is that you might find actual human beings to p...
by nedsaid
Mon Mar 20, 2017 10:19 am
Forum: Investing - Theory, News & General
Topic: the important asset that many fail to consider in portfolio construction/allocation
Replies: 14
Views: 2617

Re: the important asset that many fail to consider in portfolio construction/allocation

This issue became crystal clear to me a couple of years ago. My long time employer consolidated their finance teams and laid a bunch of us off in 2014. The finance function was centralized and I just learned that there was recently yet another round of layoffs there just recently. Good thing I didn'...
by nedsaid
Mon Mar 20, 2017 10:11 am
Forum: Investing - Theory, News & General
Topic: the important asset that many fail to consider in portfolio construction/allocation
Replies: 14
Views: 2617

Re: the important asset that many fail to consider in portfolio construction/allocation

Volatility within industries is a big factor in determining human capital. I think of the people I knew at Hewlett-Packard which was a relatively stable company within the high tech industry. It was not unusual for someone in high tech to have worked for five or six different companies. Alas, even H...
by nedsaid
Sun Mar 19, 2017 7:58 pm
Forum: Investing - Help with Personal Investments
Topic: "Don't time the market" vs. "Buy low, sell high"
Replies: 69
Views: 4818

Re: "Don't time the market" vs. "Buy low, sell high"

I came to the Bogleheads.org site because I agreed with the philosophical underpinnings of Bogleism. 1 Develop a workable plan 2 Invest early and often 3 Never bear too much or too little risk 4 Diversify 5 Never try to time the market 6 Use index funds when possible 7 Keep costs low 8 Minimize taxe...
by nedsaid
Sun Mar 19, 2017 7:40 pm
Forum: Investing - Theory, News & General
Topic: Home Country Preference vs Home Country Bias?
Replies: 3
Views: 400

Re: Home Country Preference vs Home Country Bias?

Cullen Roche at Pragmatic Capitalism has argued that to be truly passive that an investor would have to follow the market weights of the world markets. For example, the U.S. has 53% or so of the world stock market capitalization. Vanguard for its Target Date and LifeStrategy Funds uses a 60% allocat...
by nedsaid
Sun Mar 19, 2017 2:11 pm
Forum: Investing - Theory, News & General
Topic: It's worth remembering that bull markets don't last forever
Replies: 95
Views: 6515

Re: It's worth remembering that bull markets don't last forever

Just as it is worth noting that bull markets don't last forever, it is also worth noting that the longer the bull runs the more optimistic that investors get. When everybody is an optimist, the market runs out of buyers. Don't get caught in the trap of excessive optimism.
by nedsaid
Sun Mar 19, 2017 2:03 pm
Forum: Investing - Help with Personal Investments
Topic: Moving Money from Edward Jones - Seeking Help/Advice
Replies: 2
Views: 235

Re: Moving Money from Edward Jones - Seeking Help/Advice

Hello! Having recently discovered this forum and philosophy of investment, I am hoping to gain the counsel and advice of its members. Would really appreciate any feedback on the below and thank you in advance for your help! Hopefully, over time, I can come to give back to this site as I've already ...
by nedsaid
Sun Mar 19, 2017 1:48 pm
Forum: Investing - Theory, News & General
Topic: Investing in - WATER - thoughts
Replies: 57
Views: 3529

Re: Investing in - WATER - thoughts

I actually think this idea has merit, some years ago I thought about buying water utility stocks. The problem is that there are likely risks in this market segment that are not apparent to laymen. "Investing in water" which seems intuitive as it is something that we all need and use every ...
by nedsaid
Sun Mar 19, 2017 1:34 pm
Forum: Investing - Help with Personal Investments
Topic: Retirement Plan: Do it myself or use Advisor?
Replies: 41
Views: 2970

Re: Retirement Plan: Do it myself or use Advisor?

I have thought about this. Pretty much find an advisor that you like at a price you are willing to pay. It sounds to me that you have already decided to employ an advisor whether you realize it or not. At some point, you will just have to hold your nose and dive in. Nothing is ever perfect. Even if ...
by nedsaid
Sun Mar 19, 2017 1:26 pm
Forum: Investing - Help with Personal Investments
Topic: Fearful Investor and Close to Retirement
Replies: 69
Views: 7906

Re: Fearful Investor and Close to Retirement

Hi, I haven't posted for a while, but I want to run my plan by the group for last thoughts. Here's the recap of my financial situation. 58 year single woman I would like to retire at 62 yrs, but realistically it will be 65 yrs. when I can get medicare. I have no debt. Own my house outright. I would...
by nedsaid
Sun Mar 19, 2017 1:04 pm
Forum: Investing - Help with Personal Investments
Topic: "Don't time the market" vs. "Buy low, sell high"
Replies: 69
Views: 4818

Re: "Don't time the market" vs. "Buy low, sell high"

What I have tried to do is to get people to be flexible in their thinking. I have watched lots of interviews with John Bogle and I have been amazed at some of the things Mr. Bogle has said. Indeed, if Mr. Bogle posted anonymously on the forum, his avatar would be accused of deviating from Boglehead ...
by nedsaid
Sun Mar 19, 2017 12:46 pm
Forum: Investing - Help with Personal Investments
Topic: Retirement Plan: Do it myself or use Advisor?
Replies: 41
Views: 2970

Re: Retirement Plan: Do it myself or use Advisor?

Dinosaur dad, another factor for people to consider is that of cognitive decline. Fortunately, my family does not have a history of such things as Alzheimer's, a great grandmother suffered dementia but other than that family members kept their marbles. That being said, when one gets into their 80's,...
by nedsaid
Sun Mar 19, 2017 12:25 pm
Forum: Investing - Help with Personal Investments
Topic: "Don't time the market" vs. "Buy low, sell high"
Replies: 69
Views: 4818

Re: "Don't time the market" vs. "Buy low, sell high"

Avapert, I think you are just being petty. I am not a financial advisor, I am not in the business of selling financial products. I am simply a customer of financial institutions as most of the rest of the forum members are. There are people in the industry who post here but I am not one of them. So...
by nedsaid
Sun Mar 19, 2017 12:13 pm
Forum: Investing - Help with Personal Investments
Topic: "Don't time the market" vs. "Buy low, sell high"
Replies: 69
Views: 4818

Re: "Don't time the market" vs. "Buy low, sell high"

Obviously, you don't read my posts. I have explained myself in great detail on this forum. Some posts are short and sweet and others are lengthy. Buy low, sell high is not a trite phrase. It is a fundamental precept of investing. If you don't believe that valuations matter, it is a free country and...
by nedsaid
Sun Mar 19, 2017 11:51 am
Forum: Investing - Help with Personal Investments
Topic: "Don't time the market" vs. "Buy low, sell high"
Replies: 69
Views: 4818

Re: "Don't time the market" vs. "Buy low, sell high"

Avapert, I think you are just being petty. I am not a financial advisor, I am not in the business of selling financial products. I am simply a customer of financial institutions as most of the rest of the forum members are. There are people in the industry who post here but I am not one of them. So ...
by nedsaid
Sun Mar 19, 2017 11:34 am
Forum: Investing - Theory, News & General
Topic: AQR/Asness - Factor Timing is Hard
Replies: 5
Views: 680

Re: AQR/Asness - Factor Timing is Hard

Market timing and factor timing is difficult because so many very bright people like Cliff Asness are constantly analyzing the market aided by powerful computer hardware and software. It is also difficult because markets are not rational all of the time as raw human emotion can intervene from time t...
by nedsaid
Sun Mar 19, 2017 11:21 am
Forum: Investing - Theory, News & General
Topic: Bogle Interview CNN - Sat.
Replies: 41
Views: 3675

Re: Bogle Interview CNN - Sat.

Good interview. He was sharp, energetic and looked well. I also liked the way that he deflected the high praise given him by Warren Buffett and Paul Samuelson. He definitely is not stuck on himself, which is hugely refreshing. It is really hard not to like him. Hard to believe he is almost 88 years ...
by nedsaid
Sun Mar 19, 2017 11:00 am
Forum: Investing - Theory, News & General
Topic: Do many banks "secretly" have private deposit insurance covering excess above $250,000?
Replies: 51
Views: 5471

Re: Do many banks "secretly" have private deposit insurance about $250,000?

I raised a question about deposit insurance at a bank that does happen to have non-FDIC insurance for the amounts exceeding $250,000. For various reasons they're not sure they can open the kind of account I need and said "why are you here instead of at your own bank?" And I said "bec...
by nedsaid
Sun Mar 19, 2017 10:44 am
Forum: Investing - Help with Personal Investments
Topic: Retirement Plan: Do it myself or use Advisor?
Replies: 41
Views: 2970

Re: Retirement Plan: Do it myself or use Advisor?

Folks Am 60 years old, $5 million portfolio, mainly index funds, some Roth, some pretax IRA, no pension. Looking to retire at 62. Have done everything myself up to this point: tax preparation, investing, rebalancing. I consider myself fairly knowledgeable, I read everything I can get my hands on (B...
by nedsaid
Sun Mar 19, 2017 10:12 am
Forum: Investing - Theory, News & General
Topic: Anyone else taking less risk
Replies: 115
Views: 9265

Re: Anyone else taking less risk

I realize no one can predict the end of this rally and when the next correction will come, but has anyone else adjusted their asset allocation to a more conservative one because it has been a long bull market whether it was hated or not. I went from 65/35 to 60/40 just in case. #1: Pigs Get Fat, Ho...
by nedsaid
Sun Mar 19, 2017 10:00 am
Forum: Investing - Help with Personal Investments
Topic: "Don't time the market" vs. "Buy low, sell high"
Replies: 69
Views: 4818

Re: "Don't time the market" vs. "Buy low, sell high"

Wow. I thought "buy low, sell high" was pretty fundamental to investing. Silly me. It is silly you. Buy low, sell high is fundamental to investing in a trite content-less cliched way just like 'never lose money'. When people take that triteness and try to make it actionable they are likel...
by nedsaid
Sun Mar 19, 2017 9:54 am
Forum: Investing - Help with Personal Investments
Topic: "Don't time the market" vs. "Buy low, sell high"
Replies: 69
Views: 4818

Re: "Don't time the market" vs. "Buy low, sell high"

Wow. I thought "buy low, sell high" was pretty fundamental to investing. Silly me. If it makes you feel better, perhaps I should be passionately advocating for "buy high, sell low" as the preferred investing strategy. Buy what is hot and performance chase to your heart's content...
by nedsaid
Fri Mar 17, 2017 10:25 pm
Forum: Investing - Theory, News & General
Topic: an in depth look at gold
Replies: 78
Views: 4394

Re: an in depth look at gold

Money under my mattress does not correlate with stocks and yet I feel no need to buy a "money under the mattress" mutual fund. If I buy a non-correlating asset class to stocks, I would at least like to have some return from it. Zero percent real return over long periods of time does not s...
by nedsaid
Fri Mar 17, 2017 10:07 pm
Forum: Investing - Theory, News & General
Topic: an in depth look at gold
Replies: 78
Views: 4394

Re: an in depth look at gold

Money under my mattress does not correlate with stocks and yet I feel no need to buy a "money under the mattress" mutual fund. If I buy a non-correlating asset class to stocks, I would at least like to have some return from it. Zero percent real return over long periods of time does not so...
by nedsaid
Fri Mar 17, 2017 10:03 pm
Forum: Investing - Help with Personal Investments
Topic: "Don't time the market" vs. "Buy low, sell high"
Replies: 69
Views: 4818

Re: "Don't time the market" vs. "Buy low, sell high"

Wow. I thought "buy low, sell high" was pretty fundamental to investing. Silly me. If it makes you feel better, perhaps I should be passionately advocating for "buy high, sell low" as the preferred investing strategy. Buy what is hot and performance chase to your heart's content....

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