Search found 2066 matches

by saltycaper
Thu Sep 14, 2017 3:14 pm
Forum: Investing - Theory, News & General
Topic: Golden Ratio (also in Bogleheads logo) Fibonacci
Replies: 27
Views: 2380

Re: Golden Ratio (also in Bogleheads logo) Fibonacci

I was thinking once that maybe asset allocations should be expressed as one digit rather than percents in two digits. You could say my stocks are 3 or my stocks are 8, meaning 30% or 80%. That way going from 4 to 5 or 5 to 6 doesn't seem like a big deal and there is not this false precision of bein...
by saltycaper
Thu Sep 14, 2017 2:02 pm
Forum: Investing - Theory, News & General
Topic: "Fear of Finance?" AARP interview with Jack Bogle
Replies: 37
Views: 5083

Re: "Fear of Finance?" AARP interview with Jack Bogle

Was that possibly a typo?? Shouldn't it say " and got 67 percent of the return" I cannot read the article. I've previously seen him quote figures by comparing the compounding of return to the compounding of return - cost. (Costs compound too.) See if he's talking about investing over x years or you...
by saltycaper
Wed Sep 13, 2017 1:25 pm
Forum: Investing - Help with Personal Investments
Topic: Which Bond Fund Will Perform Best With Rising Rates?
Replies: 27
Views: 3039

Re: Which Bond Fund Will Perform Best With Rising Rates?

It is important to define the parameters of the word "environment" if planning on responsive changes to an asset allocation. Is the environment in question the same as the current environment in all other ways? If not, how will it differ? In addition to the way(s) you anticipate it will differ, how ...
by saltycaper
Wed Sep 13, 2017 12:42 pm
Forum: Investing - Theory, News & General
Topic: Golden Ratio (also in Bogleheads logo) Fibonacci
Replies: 27
Views: 2380

Re: Golden Ratio (also in Bogleheads logo) Fibonacci

I find that prime numbers are a better approach to investing as in 53/47 allocations and so on. However, I give you credit for suggesting an approach that is more sensible than the appallingly stupid 1/n approaches such as 50/50, 60/40 (which is a variation on 1/10), and so on. 1/n does seem arbitr...
by saltycaper
Wed Sep 13, 2017 12:25 pm
Forum: Investing - Theory, News & General
Topic: "Fear of Finance?" AARP interview with Jack Bogle
Replies: 37
Views: 5083

Re: Nice "mistake."

Does Mr. Bogle root for the Jets? If we could find that out, we'd really be getting somewhere. I don't know, he lives in Montclair NJ near Yogi's "fork in the road" so he might be a baseball fan. Indeed, especially if one delineates the choice as America's pastime versus the latest fad. As I'm wont...
by saltycaper
Wed Sep 13, 2017 12:18 pm
Forum: Investing - Theory, News & General
Topic: "Fear of Finance?" AARP interview with Jack Bogle
Replies: 37
Views: 5083

Re: Nice "mistake."

MandyT wrote:
Wed Sep 13, 2017 10:42 am
saltycaper wrote:
Mon Sep 11, 2017 1:21 pm
So the Jets aren't the latest fad? And here I've been cheering for them all these tears? I'm so out of touch. Does Mr. Bogle root for the Jets? If we could find that out, we'd really be getting somewhere.
I'm not sure if this is a typo or not. It kind of works either way.
:)
by saltycaper
Wed Sep 13, 2017 12:15 pm
Forum: Investing - Help with Personal Investments
Topic: Which Bond Fund Will Perform Best With Rising Rates?
Replies: 27
Views: 3039

Re: Which Bond Fund Will Perform Best With Rising Rates?

I guess the fund with the lowest duration and the highest percentage of corporate bonds will outperform the others, at first. Then it will underperform. In conclusion, it does not matter.
by saltycaper
Tue Sep 12, 2017 6:47 am
Forum: Investing - Theory, News & General
Topic: ownership of "small cap value" stocks
Replies: 50
Views: 3162

Re: ownership of "small cap value" stocks

I realize that this is only the top 10 funds but from this sample it's obvious that the ownership is almost exclusively factor-based funds. That's key though. You can't look at that data and conclude that "~90% of the money invested in them is from 'factor-based' funds". It's simply not true. Not e...
by saltycaper
Mon Sep 11, 2017 1:28 pm
Forum: Investing - Help with Personal Investments
Topic: What index funds that will benefit from resent disasters
Replies: 21
Views: 1683

Re: What index funds that will benefit from resent disasters

Kingfish wrote:
Mon Sep 11, 2017 8:53 am
Looking for suggestions on index funds that will benefit from resent disasters in Texas and Florida!
Don't you mean funds that will suffer due to recent disasters?

I think the question is okay, but the exclamation point might be in poor taste. :P
by saltycaper
Mon Sep 11, 2017 1:21 pm
Forum: Investing - Theory, News & General
Topic: "Fear of Finance?" AARP interview with Jack Bogle
Replies: 37
Views: 5083

Re: Nice "mistake."

$1 invested picking the Jets to win the Super Bowl will pay $1000 in February. That's better than Bitcoin. :greedy So the Jets aren't the latest fad? And here I've been cheering for them all these tears? I'm so out of touch. Does Mr. Bogle root for the Jets? If we could find that out, we'd really b...
by saltycaper
Mon Sep 11, 2017 1:15 pm
Forum: Investing - Help with Personal Investments
Topic: How to purchase an ETF Fido?
Replies: 12
Views: 515

Re: How to purchase an ETF Fido?

I remember reading that I should do a certain type of order for an ETF to protect against a rare major drop while I'm purchasing. I use marketable limit orders, a limit order priced at or below above the current ask. Do a search for relevant threads. Some people just use market orders. (You shouldn...
by saltycaper
Mon Sep 11, 2017 1:11 pm
Forum: Investing - Theory, News & General
Topic: ownership of "small cap value" stocks
Replies: 50
Views: 3162

Re: ownership of "small cap value" stocks

privatefarmer wrote:
Mon Sep 11, 2017 7:35 am

In fact, ~90% of the money invested in them is from "factor-based" funds...
This appears to be incorrect, thus rendering the rest of the post irrelevant. If you can show that 90% of the money invested in small-cap value companies is indeed from factor-based funds, I will stand corrected.
by saltycaper
Mon Sep 11, 2017 1:07 pm
Forum: Investing - Theory, News & General
Topic: "Fear of Finance?" AARP interview with Jack Bogle
Replies: 37
Views: 5083

Re: Nice "mistake."

Nice "mistake." The U.S. stock market has doubled the international stock market since he first recommended investing 100% in U.S. stocks in Bogle on Mutual Funds published in 1993. $1 invested in DFA U.S. Small Cap Value at that time is worth approximately 50% more than $1 invested in Vanguard Tot...
by saltycaper
Mon Sep 11, 2017 12:52 pm
Forum: Investing - Theory, News & General
Topic: Yes Virginia, you can lose money in bonds
Replies: 36
Views: 4525

Re: Yes Virginia, you can lose money in bonds

TBillT wrote:
Mon Sep 11, 2017 12:01 pm

You have to put this (misleading?) thread in perspective-
IMO, it's more misleading to say bonds are "safe" than to say you can lose money in bonds. The former is at best ambiguous and at worst outright false. The latter is true.
by saltycaper
Fri Sep 08, 2017 11:55 am
Forum: Investing - Theory, News & General
Topic: Irrational fears?
Replies: 23
Views: 1689

Re: Irrational fears?

Please confirm that these are "ridiculous fears", and that you have first hand knowledge that this would never happen. I don't think it's possible to have firsthand knowledge that something will never happen. You only can have firsthand knowledge of something that did happen. Your specific fears ma...
by saltycaper
Thu Sep 07, 2017 10:39 pm
Forum: Personal Consumer Issues
Topic: Florida Hurricanes: When and where to go?
Replies: 141
Views: 12392

Re: Florida Hurricanes: When and where to go?

Depending on exactly where you are, the official advice seems to be to ride it out. Only the storm surge areas (keys or various coastal areas) or people in substandard housing are being asked to evacuate as far as I know. The recommendation for others seems to be to stay in place. I still would hav...
by saltycaper
Thu Sep 07, 2017 10:26 pm
Forum: Investing - Theory, News & General
Topic: Actually feeling pretty good about my active decisions
Replies: 20
Views: 2548

Re: Actually feeling pretty good about my active decisions

...thus far I'm not totally convinced that making adjustments like this every year or so will sink my financial future. If you're doing it every year, that's too frequent, IMO. You'll either turn out to be a statistical outlier by luck or talent, or, more likely, you will stumble, especially if you...
by saltycaper
Thu Sep 07, 2017 10:15 pm
Forum: Investing - Theory, News & General
Topic: "Fear of Finance?" AARP interview with Jack Bogle
Replies: 37
Views: 5083

Re: "Fear of Finance?" AARP interview with Jack Bogle

Great interview. I just looked at our investment portfolio. Mr. Bogle recommended limiting international to 20% of the portfolio. We allocate 70% to stocks and 30% to bonds. International is 40% of equity. This works out to 20% of the overall investment portfolio. Thank you Mr. Bogle. That's what i...
by saltycaper
Fri Sep 01, 2017 1:40 pm
Forum: Local Chapters and Bogleheads Community
Topic: [Are the Bogleheads] getting less interesting?
Replies: 255
Views: 15974

Re: [Are the Bogleheads] getting less interesting?

hornet96 wrote:
Fri Sep 01, 2017 1:04 pm
Saltycaper -

I just wanted to say that YOU have become one poster that I regularly stop and read when I'm scanning through topics.
Keep following. Your expectations will be reset in no time. :)
by saltycaper
Fri Sep 01, 2017 1:32 pm
Forum: Local Chapters and Bogleheads Community
Topic: [Are the Bogleheads] getting less interesting?
Replies: 255
Views: 15974

Re: [Are the Bogleheads] getting less interesting?

This is incorrect for most people. Myself maybe included. If I thought I had to learn PhD material to invest, I'd probably hand it off to "a guy". Bogleheads investing philosophy is very simple. When people come on here and say "No, no, no... you can't just stay the course, you have to learn about ...
by saltycaper
Fri Sep 01, 2017 12:54 pm
Forum: Local Chapters and Bogleheads Community
Topic: [Are the Bogleheads] getting less interesting?
Replies: 255
Views: 15974

Re: [Are the Bogleheads] getting less interesting?

LadyGeek's record is more consistent than that of any alternative, or traditional, investments. Knowing what to expect is a huge value of this Forum. If the moderators played favorites, the discontent would be far greater than boredom reported by the OP. Victoria I agree. I was just confabbing with...
by saltycaper
Fri Sep 01, 2017 12:48 pm
Forum: Local Chapters and Bogleheads Community
Topic: [Are the Bogleheads] getting less interesting?
Replies: 255
Views: 15974

Re: [Are the Bogleheads] getting less interesting?

That's why I just look for the little padlock by the thread title, which works for anything other than threads (like the recent "companies you avoid" thread) that evaporate into thin air. I'm a main-page reader, so no padlocks visible. (I'm not sure how I got to be a main-page reader. When I first ...
by saltycaper
Fri Sep 01, 2017 12:13 pm
Forum: Local Chapters and Bogleheads Community
Topic: [Are the Bogleheads] getting less interesting?
Replies: 255
Views: 15974

Re: [Are the Bogleheads] getting less interesting?

Uncle Pennybags wrote:
Fri Sep 01, 2017 12:03 pm

Those posts get into charts and formulas that I find totally uninteresting and an unBoglehead; they scare the newbies into the arms of the Edward Jones. Maybe that is their intention.
Inadequate knowledge is what drives people into the arms of Edward Jones, not more knowledge.
by saltycaper
Fri Sep 01, 2017 12:06 pm
Forum: Local Chapters and Bogleheads Community
Topic: [Are the Bogleheads] getting less interesting?
Replies: 255
Views: 15974

Re: [Are the Bogleheads] getting less interesting?

I always do a Control+F search on LadyGeek's name when I come here just to find the threads that have been locked, as they are almost always the most interesting these days. Isn't it disappointing when you click on a thread only to see LadyGeek's comment was not, "This thread has run its course and...
by saltycaper
Fri Sep 01, 2017 11:48 am
Forum: Investing - Theory, News & General
Topic: Do you know your bond portfolio's REAL 12 month total return?
Replies: 61
Views: 4023

Re: Do you know your bond portfolio's REAL 12 month total return?

I don't know exactly what it is, but I know it's higher than Total Bond Market, with less risk too.
by saltycaper
Thu Aug 31, 2017 6:08 pm
Forum: Local Chapters and Bogleheads Community
Topic: [Are the Bogleheads] getting less interesting?
Replies: 255
Views: 15974

Re: [Are the Bogleheads] getting less interesting?

I, too, miss some posters who have outright left or just faded away. Fresh topics or just new ways to think about old topics provided much intellectual stimulation. I do find it easier to predict what will be said in a thread before I even open it, and though I think that mostly comes from having be...
by saltycaper
Wed Aug 30, 2017 11:45 pm
Forum: Personal Consumer Issues
Topic: Hurricane Harvey relief?
Replies: 42
Views: 3042

Re: Hurricane Harvey relief?

US Treasury. They fund some organizations that do amazing work, and I hear this event is going to cost them a bundle.

You may get more ideas here: Charities Providing Assistance in the Wake of Hurricane Harvey
by saltycaper
Wed Aug 30, 2017 6:01 pm
Forum: Personal Consumer Issues
Topic: Is this common bank queuing etiquette? (rant)
Replies: 18
Views: 1319

Re: Is this common bank queuing etiquette? (rant)

I got up to the teller and they quickly dismissed me telling me I had to wait for the desk person. They made it sound like I should have known I couldn't close accounts with the teller (IMO they are the ones giving me access to my money, so they should be able to close accounts too..). I've always ...
by saltycaper
Wed Aug 30, 2017 3:45 pm
Forum: Investing - Help with Personal Investments
Topic: where to put Tesla stock [Roth or another type of account]
Replies: 26
Views: 1000

Re: where to put Tesla stock [Roth or another type of account]

CantPassAgain wrote:
Wed Aug 30, 2017 3:33 pm

I do know that Roth space is valuable and that large losses there would smart something awful.
No question about that.
by saltycaper
Wed Aug 30, 2017 3:14 pm
Forum: Investing - Help with Personal Investments
Topic: where to put Tesla stock [Roth or another type of account]
Replies: 26
Views: 1000

Re: where to put Tesla stock [Roth or another type of account]

It doesn't have to be illogical. It depends on what one's tax bracket is and how long one intends to hold the stock. I was referring to the basis of plummeting stock being illogical, not tax bracket. Still, too much uncertainty to consider tax bracket, IMO. A 24-year-old with a long-term investing ...
by saltycaper
Wed Aug 30, 2017 3:01 pm
Forum: Investing - Help with Personal Investments
Topic: where to put Tesla stock [Roth or another type of account]
Replies: 26
Views: 1000

Re: where to put Tesla stock [Roth or another type of account]

Clearly if you think the stock will plummet, you should put it in taxable. But you would not invest in the stock in that case, so that recommendation is internally illogical.
by saltycaper
Wed Aug 30, 2017 12:54 pm
Forum: Investing - Help with Personal Investments
Topic: where to put Tesla stock [Roth or another type of account]
Replies: 26
Views: 1000

Re: where to put Tesla stock [Roth or another type of account]

I'd put it in my Roth. I'd suffer all the losses but also reap all the gains, if any. Since the amount is small, it shouldn't materially impact my other asset location choices. In the Roth, tax considerations won't impact my decision to buy/sell. It may be tax efficient now, but it might not be tax ...
by saltycaper
Tue Aug 29, 2017 10:38 pm
Forum: Investing - Theory, News & General
Topic: Perhaps you shouldn't rebalance your international stock allocation
Replies: 21
Views: 4077

Re: Perhaps you shouldn't rebalance your international stock allocation

Over time, the relative market weights in a cap-weighted Global Stock fund will change based on the relative cap-weighting of the represented markets. If you hold a bunch of separate international market funds and you don't rebalance, the same thing will happen; i.e., the relative weights in your p...
by saltycaper
Tue Aug 29, 2017 6:55 pm
Forum: Investing - Theory, News & General
Topic: Review with Me - Larry Swedroe's new book
Replies: 160
Views: 6494

Re: Why I asked for Larry book thread to be closed

He also has written about why he no longer recommends REITs, it was for valuation reasons. He expected that real future returns would be about 0.3%. Bill Bernstein, I believe has made similar comments. Not sure about articles, but Larry did post here that he was no longer recommending REITs. Perhap...
by saltycaper
Tue Aug 29, 2017 6:05 pm
Forum: Investing - Theory, News & General
Topic: Review with Me - Larry Swedroe's new book
Replies: 160
Views: 6494

Re: Why I asked for Larry book thread to be closed

My gosh, you would think that Larry's picture is up on bulletin boards in Post Offices all over the country or that he is public enemy number one around here. So he changed his mind on some things and changed some choices for investment. Haven't we all? So we found out that Larry wasn't a God after...
by saltycaper
Tue Aug 29, 2017 5:36 pm
Forum: Investing - Theory, News & General
Topic: Review with Me - Larry Swedroe's new book
Replies: 160
Views: 6494

Re: Why I asked for Larry book thread to be closed

VictoriaF wrote:
Tue Aug 29, 2017 5:31 pm

1. I responded to Taylor's announcement of Jack's new book, viewtopic.php?f=10&t=226467#p3508336
This post (Taylor's) is part of the problem, IMO. It has nothing to do with the thread. If you want to discuss Jack's new book, start a new thread.
by saltycaper
Tue Aug 29, 2017 4:20 pm
Forum: Investing - Theory, News & General
Topic: Review with Me - Larry Swedroe's new book
Replies: 160
Views: 6494

Re: Why I asked for Larry book thread to be closed

Pretty much the thread got to get into a bash fest and heroic attempts to get discussion back to the book just didn't work. I was disappointed. Some of the posters had not read the book or had any interest. So I asked the moderators to consider locking the thread and using their best judgment locke...
by saltycaper
Mon Aug 28, 2017 4:18 pm
Forum: Investing - Theory, News & General
Topic: Review with Me - Larry Swedroe's new book
Replies: 160
Views: 6494

Re: Did you click on this thread accidentally?

Because even bogleheads can stray from Bogle's teaching. The tag-line of this website is "Investing advice inspired by John Bogle." You do not have to do everything John Bogle says to be a Boglehead. Most posters do not do everything John Bogle says to do. Sometimes, not even John Bogle does what p...
by saltycaper
Mon Aug 28, 2017 4:10 pm
Forum: Investing - Theory, News & General
Topic: Review with Me - Larry Swedroe's new book
Replies: 160
Views: 6494

Re: The Importance of Low Costs

...it is important to understand that low cost is the most important characteristic for predicting future performance... This is not true. What the fund invests in is the most important characteristic for predicting future performance. Tax-efficiency is very important in taxable accounts. This is a...
by saltycaper
Sun Aug 27, 2017 9:25 am
Forum: Investing - Theory, News & General
Topic: Review with Me - Larry Swedroe's new book
Replies: 160
Views: 6494

Re: Review with Me - Larry Swedroe's new book

Having read a few of these interlopers' 55,000 previous posts I can attest to an exchange of ideas between them and the estimable Larry Swedroe in years past. Does one need to respond at length to each new work or utterance of Mr. Swedroe as qualification to comment upon its latest iteration? When ...
by saltycaper
Sun Aug 27, 2017 12:34 am
Forum: Investing - Theory, News & General
Topic: Review with Me - Larry Swedroe's new book
Replies: 160
Views: 6494

Re: Did you click on this thread accidentally?

Nedsaid: Amazon has announced that we can pre-order Mr. Bogle's updated edition of The Little Book of Common Sense Investing . Bogleheads will find it instructive to compare Berkin and Swedroe's higher cost and more complex method of investing with Jack Bogle's lower cost and simple method of inves...
by saltycaper
Fri Aug 25, 2017 3:54 pm
Forum: Personal Consumer Issues
Topic: Subaru - One tire bad replace all four?
Replies: 31
Views: 1815

Re: Subaru - One tire bad replace all four?

Watty wrote:
Fri Aug 25, 2017 3:09 pm

Does the car have a full size spare tire and if so have you been doing a five tire wheel rotation?
A full-size spare? On a Subaru? We're lucky they paint the cars before they sell them. :D
by saltycaper
Fri Aug 25, 2017 1:43 pm
Forum: Investing - Theory, News & General
Topic: Passive investing is a Ponzi scheme
Replies: 77
Views: 5703

Re: Passive investing is a Ponzi scheme

zimrod wrote:
Fri Aug 25, 2017 1:39 pm

"First they ignore you, then they laugh at you, then they fight you, then you win."
We are here.
by saltycaper
Fri Aug 25, 2017 1:40 pm
Forum: Investing - Theory, News & General
Topic: John Bogle video (discusses international)
Replies: 44
Views: 3879

Re: John Bogle video (discusses international)

With the startling lack of discussion on the forum related to the question of international investing, readers might have wondered about Bogle's opinion on this topic. It's good a thread finally was started on this topic. I look forward to the cordial and thoughtful debate backed up with well-reason...
by saltycaper
Fri Aug 25, 2017 12:45 pm
Forum: Investing - Theory, News & General
Topic: Passive investing is a Ponzi scheme
Replies: 77
Views: 5703

Re: Passive investing is a Ponzi scheme

BTW, can anyone link a return message by Mr. Bogle in response to these new attacks? Good luck. I'm more interested as to what is going on behind the scenes that has caused this incredible onslaught at Bogleheads.org over the last month or so. Very curious. Interesting as I was thinking the same th...
by saltycaper
Fri Aug 25, 2017 12:07 pm
Forum: Personal Consumer Issues
Topic: Subaru - One tire bad replace all four?
Replies: 31
Views: 1815

Re: Subaru - One tire bad replace all four?

Yes. Time to replace. After 7 years, besides the age of the tires potentially being a problem, installing a new tire with a different circumference than the old ones would be a bad idea. Here's some detail if you're interested:

Matching Tires on Four-Wheel Drive & All-Wheel Drive Vehicles
by saltycaper
Tue Aug 22, 2017 1:24 pm
Forum: Personal Consumer Issues
Topic: Can you recommend a good mouse trap?
Replies: 44
Views: 2128

Re: Can you recommend a good mouse trap?

Tomcat Press 'N Snap from Lowes. This may be obvious, but whatever trap you get, don't put so many out that you forget where they are. Make sure cohabitants know as well.
by saltycaper
Tue Aug 22, 2017 1:05 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Announces Plans To Launch Total Corporate Bond ETF
Replies: 41
Views: 6171

Re: Vanguard Announces Plans To Launch Total Corporate Bond ETF

I suspect Mr. Bogle would like this fund, if it were not an ETF of ETFs.
by saltycaper
Mon Aug 21, 2017 3:09 pm
Forum: Investing - Theory, News & General
Topic: I own no international stocks. Can you guess why?
Replies: 167
Views: 13313

Re: "Why" -- The Answer

Bogleheads: I could not believe my eyes when I sat down at my computer this morning to learn that my opening post (OP), made yesterday, had received 125 replies. This old teacher is grateful for each and every one. My question contained a clue " gradually reduced ": I have gradually reduced my inte...
by saltycaper
Sun Aug 20, 2017 11:20 pm
Forum: Investing - Theory, News & General
Topic: I own no international stocks. Can you guess why?
Replies: 167
Views: 13313

Re: I own no international stocks. Can you guess why?

Rather than tell us why your personal portfolio has changed, it would be more helpful if you were to explain why your suggested international stock allocation has decreased over the past few years.