Search found 674 matches

by oldzey
Thu Aug 17, 2017 10:45 pm
Forum: Investing - Help with Personal Investments
Topic: Lost $7000 today in ONE DAY!
Replies: 158
Views: 10159

Re: Lost $7000 today in ONE DAY!

oldzey wrote:
Thu Aug 17, 2017 9:22 pm
It's only a loss on paper... until you sell.
I'll also add this quote:

“If one isn't ready to lose capital, then one isn't ready to invest. They go hand-in-hand: Losses and investing. One cannot avoid losses if they invest.” ― Livesoft

Link
by oldzey
Thu Aug 17, 2017 9:22 pm
Forum: Investing - Help with Personal Investments
Topic: Lost $7000 today in ONE DAY!
Replies: 158
Views: 10159

Re: Lost $7000 today in ONE DAY!

It's only a loss on paper... until you sell.
by oldzey
Thu Aug 17, 2017 5:18 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 3799
Views: 991453

Re: U.S. stocks in freefall

Rise and fall...

Image
by oldzey
Fri Aug 11, 2017 8:59 pm
Forum: Investing - Theory, News & General
Topic: "Honesty like that is rare!"
Replies: 47
Views: 6922

Re: "Honesty like that is rare!"

I can understand the advisor's dilemma. People who don't understand investing generally have the preconceived notion that it's difficult and complicated. An advisor who proposes a 2-fund portfolio would therefore appear to be a rank amateur. I showed my folks (avid stock pickers with a copious and ...
by oldzey
Thu Aug 10, 2017 5:12 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 3799
Views: 991453

Re: U.S. stocks in freefall

livesoft wrote:
grettman wrote:It will be interesting to see how this thread and the one that talks about how much people are up YTD evolves when we have a nice healthy plunge in the markets.
Just wait for the TLH threads to start appearing again.
TLH opportunities and equities on sale = a beautiful thing.
by oldzey
Wed Aug 09, 2017 8:11 pm
Forum: Investing - Theory, News & General
Topic: Should TBM Be Your Only Bond Fund?
Replies: 33
Views: 4907

Re: Should TBM Be Your Only Bond Fund?

TIAA Traditional is my only "bond fund," located in my 403b. Actually it is a limited-liquidity, stable value fund with an option to annuitize.

If I didn't have access to TIAA Traditional, then my second choice would be Vanguard Total Bond Market Index Fund Admiral Shares (VBTLX).
by oldzey
Tue Aug 08, 2017 10:20 pm
Forum: Investing - Theory, News & General
Topic: Are Index Funds Evil?
Replies: 30
Views: 3563

Re: Are Index Funds Evil?

Not only are they evil, but they are UNAmerican! (kidding of course) 8-)

Image

*This poster comes from the days when index funds were the new kid on the block:

https://www.vanguard.com/bogle_site/sp20040413.html
by oldzey
Mon Aug 07, 2017 9:30 pm
Forum: Personal Consumer Issues
Topic: Santa Fe New Mexico - recommendations
Replies: 26
Views: 1735

Re: Santa Fe New Mexico - recommendations

P.S. If you're coming up from ABQ (airport?), then I'd recommend taking the Turquoise Trail (aka Highway 14) either coming up to or going back from Santa Fe. P.P.S. Don't know if you have your hotel lined up, but I always stay at the Residence Inn south of town. Good location, homey, and reasonably ...
by oldzey
Mon Aug 07, 2017 3:26 pm
Forum: Personal Consumer Issues
Topic: Santa Fe New Mexico - recommendations
Replies: 26
Views: 1735

Re: Santa Fe New Mexico - recommendations

Recommendations: La Choza and The Shed (both very popular) Maria's (been there forever, be sure to try their sopaipillas at least once, parking can be a challenge, George RR Martin dines there). Tomasita's (also been there forever - large restaurant, ample parking, but busy) The Compound (been there...
by oldzey
Sun Aug 06, 2017 2:06 pm
Forum: Personal Finance (Not Investing)
Topic: Credit Card Companies And Your Credit Report.
Replies: 13
Views: 1090

Re: Credit Card Companies And Your Credit Report.

Thank you for the useful information!
by oldzey
Sun Aug 06, 2017 1:27 pm
Forum: Investing - Help with Personal Investments
Topic: 100 Best Stocks to Buy in 2017
Replies: 10
Views: 1230

Re: 100 Best Stocks to Buy in 2017

WanderingDoc wrote:Has anyone read this book. Useful or pass? Cheers
Haven't read the book, but I highly recommend the "3,606 Best Stocks to Buy in 2017": VTSAX (Vanguard Total Stock Market Index Fund)
by oldzey
Wed Aug 02, 2017 12:24 am
Forum: Investing - Theory, News & General
Topic: Jack Bogle - Two Fund Portfolio
Replies: 66
Views: 12262

Re: Jack Bogle - Two Fund Portfolio

Affirmative - I use two funds:

Total U.S. Stock Market Index Fund
TIAA Traditional
by oldzey
Tue Aug 01, 2017 5:40 pm
Forum: Personal Finance (Not Investing)
Topic: Personal Capital without giving them my passwords: worth it?
Replies: 27
Views: 2010

Re: Personal Capital without giving them my passwords: worth it?

I used to use Personal Capital that way, but I've found that Microsoft Excel works just fine. :beer
by oldzey
Tue Aug 01, 2017 12:19 am
Forum: Investing - Theory, News & General
Topic: A Secret of the Index Fund’s Success?
Replies: 25
Views: 3041

Re: A Secret of the Index Fund’s Success?

^^^^^ Thanks back at ya! :D

Also don't forget about Taylor's wonderful compilation: What Experts Say About Total Market Index Funds
by oldzey
Mon Jul 31, 2017 7:14 pm
Forum: Investing - Theory, News & General
Topic: A Secret of the Index Fund’s Success?
Replies: 25
Views: 3041

Re: A Secret of the Index Fund’s Success?

A good white paper that adds to this topic of the success secrets of index funds is A Case for Index Fund Portfolios, by Rick Ferri and Alex Benke.
by oldzey
Mon Jul 31, 2017 3:23 pm
Forum: Investing - Theory, News & General
Topic: A Secret of the Index Fund’s Success?
Replies: 25
Views: 3041

Re: A Secret of the Index Fund’s Success?

Thank you for sharing this interesting information, Simplegift!
by oldzey
Mon Jul 31, 2017 1:48 am
Forum: Personal Finance (Not Investing)
Topic: What to do with 3oz of gold?
Replies: 28
Views: 4439

Re: What to do with 3oz of gold?

Sell the gold and invest the proceeds in a low cost, tax efficient, total market index fund that will provide you earnings growth and dividend yield.
by oldzey
Fri Jul 28, 2017 11:08 pm
Forum: Investing - Help with Personal Investments
Topic: How does this work? [Dow Jones up, but Vanguard Total Stock down]
Replies: 10
Views: 1424

Re: How does this work? [Dow Jones up, but Vanguard Total Stock down]

Vanguard Total Stock Market Index Fund Admiral Shares (VTSAX) currently uses the CRSP US Total Market TR Index, not the DJIA.
by oldzey
Fri Jul 28, 2017 9:17 pm
Forum: Investing - Theory, News & General
Topic: John Bogle Has Been Right About Investing In International Stocks
Replies: 505
Views: 31581

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

Let's see if International stocks ( VGTSX ) have ever caught back up with U.S. stocks ( VTSMX ) since 1996 (the inception year of VGTSX ): https://dl.dropboxusercontent.com/u/56387/Jack%20was%20right.png Nope - not yet! Of course, past performance doesn't indicate future performance.
by oldzey
Thu Jul 27, 2017 10:30 pm
Forum: Investing - Theory, News & General
Topic: John Bogle Has Been Right About Investing In International Stocks
Replies: 505
Views: 31581

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

The inception date of Vanguard Total Stock U.S. Stock Market Index Fund ( VTSMX ) was 4/27/1992. The inception date of Vanguard Total International Stock Index Fund ( VGTSX ) was 4/29/1996. Per Morningstar , as of 7/25/2017, if you had invested $10,000 in both funds on 4/29/1996, you would currentl...
by oldzey
Wed Jul 26, 2017 12:10 pm
Forum: Investing - Theory, News & General
Topic: John Bogle Has Been Right About Investing In International Stocks
Replies: 505
Views: 31581

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

The inception date of Vanguard Total Stock U.S. Stock Market Index Fund ( VTSMX ) was 4/27/1992. The inception date of Vanguard Total International Stock Index Fund ( VGTSX ) was 4/29/1996. Per Morningstar , as of 7/25/2017, if you had invested $10,000 in both funds on 4/29/1996, you would currently...
by oldzey
Mon Jul 24, 2017 1:41 am
Forum: Investing - Theory, News & General
Topic: John Bogle Has Been Right About Investing In International Stocks
Replies: 505
Views: 31581

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

"Over the years, I’ve learned that disagreeing with Jack Bogle is not a good idea." -- William J. Bernstein, 2007
by oldzey
Sun Jul 23, 2017 5:25 pm
Forum: Investing - Help with Personal Investments
Topic: Can anyone convince me I need international stock in my portfolio?
Replies: 162
Views: 8394

Re: Can anyone convince me I need international stock in my portfolio?

The inception date of Vanguard Total Stock U.S. Stock Market Index Fund ( VTSMX ) was 4/27/1992. The inception date of Vanguard Total International Stock Index Fund ( VGTSX ) was 4/29/1996. Per Morningstar , as of today (7/23/2017), if you had invested $10,000 in both funds on 4/29/1996, you would c...
by oldzey
Sun Jul 23, 2017 3:21 pm
Forum: Investing - Help with Personal Investments
Topic: Can anyone convince me I need international stock in my portfolio?
Replies: 162
Views: 8394

Re: Can anyone convince me I need international stock in my portfolio?

Steve Dunn 's remarks underscore how much the classic, often occurring "how much international" debate really matters, originally found at: m Order of importance As a rather sluggish slice and dice type, I think that issue versus going total stock market is way down the list of what is imp...
by oldzey
Sat Jul 22, 2017 3:35 pm
Forum: Investing - Help with Personal Investments
Topic: Can anyone convince me I need international stock in my portfolio?
Replies: 162
Views: 8394

Re: Can anyone convince me I need international stock in my portfolio?

I know there's a lot of debate here about whether international stock is really needed in a portfolio. I've read a lot of it and I still don't know what I think. Looking at the last 30 years, except for a few short periods, international stocks would have just been a drag on overall portfolio retur...
by oldzey
Wed Jul 19, 2017 10:22 pm
Forum: Investing - Theory, News & General
Topic: How are folks handling the unprecedented rise in the market ?
Replies: 166
Views: 17773

Re: How are folks handling the unprecedented rise in the market ?

I'm handling the unprecedented rise in the market by doing nothing, while my automatic contributions maintain my desired AA.
by oldzey
Tue Jul 18, 2017 10:53 pm
Forum: Investing - Theory, News & General
Topic: Expense Ratios, how high is too high
Replies: 72
Views: 4310

Re: Expense Ratios, how high is too high

Anything over 0.04% is too high for me. :sharebeer
by oldzey
Wed Jul 12, 2017 7:14 pm
Forum: Investing - Theory, News & General
Topic: Why Simple beats complex
Replies: 71
Views: 6846

Re: Why Simple beats complex

A minister of ours once said that it's easy to write a 45-minute sermon. What takes all week is getting it down to fifteen. My father mentioned this in my grandmother's eulogy when he was describing how difficult it was to distill a person's life into a 5 minute speech. This also reminds me of the ...
by oldzey
Mon Jul 10, 2017 10:24 pm
Forum: Investing - Theory, News & General
Topic: "Top 5 posts of all times"
Replies: 17
Views: 4265

Re: "Top 5 posts of all times"

That's a well-written post!

Thanks for sharing, Taylor!

oldzey
by oldzey
Sun Jul 09, 2017 5:32 pm
Forum: Investing - Theory, News & General
Topic: Dave Ramsey's advice on investing?
Replies: 57
Views: 4605

Re: Dave Ramsey's advice on investing?

There are many posts about Dave Ramsey on this forum:

https://www.google.com/search?sitesearc ... eheads.org
by oldzey
Sun Jul 09, 2017 2:43 pm
Forum: Personal Finance (Not Investing)
Topic: Illinois Partial Year tax increase
Replies: 19
Views: 2727

Re: Illinois Partial Year tax increase

Here is a link to Booklet IL-700-T - Illinois Withholding Tax Tables, Effective July 1, 2017:

http://tax.illinois.gov/TaxForms/Withho ... T-2017.pdf
by oldzey
Fri Jul 07, 2017 5:34 pm
Forum: Investing - Theory, News & General
Topic: "My Favorite Mutual Fund"
Replies: 11
Views: 1706

Re: "My Favorite Mutual Fund"

Thanks for posting, Taylor!

oldzey

P.S. It is my favorite mutual fund, too!
by oldzey
Sun Jul 02, 2017 4:03 pm
Forum: Investing - Theory, News & General
Topic: How Bogle created Vanguard, a video
Replies: 1
Views: 301

Re: How Bogle created Vanguard, a video

Thanks for posting, Paul!
by oldzey
Sat Jul 01, 2017 2:35 pm
Forum: Investing - Theory, News & General
Topic: What are you up YTD? [Year To Date]
Replies: 1403
Views: 250800

Re: What are you up YTD? [Year To Date]

60% equities / 40% fixed income.

+6.82% return YTD as of 6/30/17
by oldzey
Sat Jul 01, 2017 1:22 am
Forum: Investing - Theory, News & General
Topic: BRKB Stock [Berkshire Hathaway Inc. Class B]
Replies: 26
Views: 2703

Re: BRKB Stock [Berkshire Hathaway Inc. Class B]

Anybody have any thoughts or opinions on wether to buy, hold or sell BRKB? The Oracle of Omaha says: “Most investors, both institutional and individual, will find that the best way to own common stocks is through an index fund that charges minimal fees . Those following this path are sure to beat t...
by oldzey
Fri Jun 30, 2017 1:47 am
Forum: Investing - Theory, News & General
Topic: International Stocks - New thoughts
Replies: 83
Views: 6228

Re: International Stocks - New thoughts

0% International works for me.

I'm with Jack! :sharebeer
by oldzey
Fri Jun 30, 2017 1:13 am
Forum: Investing - Theory, News & General
Topic: Warren Buffett's PBS interview
Replies: 2
Views: 789

Re: Warren Buffett's PBS interview

stemikger wrote:Thanks for posting.


+1

Always great to hear from the Oracle.
by oldzey
Thu Jun 29, 2017 3:31 pm
Forum: Investing - Theory, News & General
Topic: "How Do Your Financial Priorities Stack Up With Our Pyramid?"
Replies: 36
Views: 4388

Re: "How Do Your Financial Priorities Stack Up With Our Pyramid?"

Steve Dunn 's remarks are interesting in regards to this discussion, originally found at: m ORDER OF IMPORTANCE IN MANAGING ONE'S FINANCIAL AFFAIRS: As a rather sluggish slice and dice type, I think that issue versus going total stock market is way down the list of what is important in managing one...
by oldzey
Mon Jun 26, 2017 10:43 pm
Forum: Investing - Theory, News & General
Topic: "Measuring Active's Underperformance"
Replies: 2
Views: 488

Re: "Measuring Active's Underperformance"

Thanks for sharing, Taylor!
by oldzey
Mon Jun 26, 2017 12:18 am
Forum: Investing - Theory, News & General
Topic: "Heads I Win, Tails I Win -- A Gem
Replies: 12
Views: 2978

Re: "Heads I Win, Tails I Win -- A Gem

Thank you, Taylor and LadyGeek!
by oldzey
Sat Jun 24, 2017 10:43 pm
Forum: Investing - Theory, News & General
Topic: Your Favorite Vanguard Fund
Replies: 56
Views: 6744

Re: Your Favorite Vanguard Fund

Vanguard Total Stock Market Index Fund Admiral Shares: VTSAX
by oldzey
Sat Jun 24, 2017 1:44 am
Forum: Investing - Theory, News & General
Topic: Advantages of Indexing Besides Low Cost
Replies: 14
Views: 1385

Re: Advantages of Indexing Besides Low Cost

Owning total market index funds eliminates individual stock risk.
by oldzey
Fri Jun 23, 2017 6:39 pm
Forum: Investing - Theory, News & General
Topic: Passive vs Active funds
Replies: 36
Views: 2192

Re: Passive vs Active funds

Here's a link to a white paper by Rick Ferri and Alex Benke that demonstrates the difficulty in active funds outperforming passive index funds:

A Case for Index Fund Portfolios
by oldzey
Thu Jun 22, 2017 4:41 pm
Forum: Investing - Theory, News & General
Topic: Poll: Do Bogleheads own Stocks?
Replies: 77
Views: 7546

Re: Poll: Do Bogleheads own Stocks?

400 is a respectable sample size, according to Mail and Internet Surveys: The Tailored Design Method by Dillman (2000).

Book review link (2nd edition, 2000) is here. Note that this book is currently in its 4th edition (2014).
by oldzey
Thu Jun 22, 2017 1:38 am
Forum: Investing - Theory, News & General
Topic: Vanguard: HOW MUCH active management is right for you? :(
Replies: 37
Views: 2965

Re: Vanguard: HOW MUCH active management is right for you? :(

Also don't forget about the 5.75% sales charge load that some mutual fund companies charge (in addition to the fund's expense ratio).