Search found 1374 matches

by scone
Wed Dec 06, 2017 11:52 am
Forum: Personal Consumer Issues
Topic: Philanthropy and related issues
Replies: 50
Views: 3296

Re: Philanthropy and related issues

I give to charity and will give via my estate plan. I think the main issue is not "should I give?" but "how do I give most effectively?" One place to start is by examining the organization, asking questions about their systems and procedures for accounting, investment management, insurance, and risk...
by scone
Wed Dec 06, 2017 10:03 am
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Bitcoin & It’s Risks
Replies: 57
Views: 4803

Re: Larry Swedroe: Bitcoin & It’s Risks

Hello Larry, thanks for the article. I have a question. Could a "mega" bitcoin bubble and bust spill over into the real economy? How would the contagion be transmitted? Can and should investors protect themselves somehow?
by scone
Sat Oct 28, 2017 8:16 am
Forum: Investing - Help with Personal Investments
Topic: Market Crash Defensive Portfolio
Replies: 30
Views: 3723

Re: Market Crash Defensive Portfolio

When the market crashes, it typically takes down stocks no matter what the size or location. In that scenario, safer bonds tend to do pretty well, particularly U.S. Treasuries. IIWY, I'd focus about how much money you can tolerate losing, which influences the percentage of stock you hold. Then stick...
by scone
Sat Oct 28, 2017 8:07 am
Forum: Investing - Theory, News & General
Topic: Cancer and Asset Allocation
Replies: 8
Views: 1212

Re: Cancer and Asset Allocation

I am in this situation myself, and concluded that it's a matter of probability, not certainty. I am very unlikely to live even five more years, but I can't be absolutely sure of that, so spending everything now could still be a disaster. In any case, I may need to move to a nursing home at some poin...
by scone
Fri Oct 20, 2017 11:56 am
Forum: Investing - Theory, News & General
Topic: Is a crash coming soon?
Replies: 64
Views: 5851

Re: Is a crash coming soon?

It's not about the markets so much, it's your time horizon. Short term money should be in safer investments, long term money can be risked in the stock markets. But there is always risk, of one sort or another, it's just part of life. You have some control of the risks you take, but there's a good b...
by scone
Fri Oct 20, 2017 11:47 am
Forum: Investing - Help with Personal Investments
Topic: Looming Retirement & Market Jitters
Replies: 48
Views: 4446

Re: Looming Retirement & Market Jitters

My situation is somewhat similar to yours, in that I have more money than I think I need. So it has crossed my mind that "getting out of stocks" was a possibility, in that I have apparently "won the game." However, I've decided to keep my stock allocation, which is about 30%, or maybe just sell down...
by scone
Wed Jun 28, 2017 9:25 am
Forum: Investing - Theory, News & General
Topic: Yes, This Is Market Timing: If the CAPE Goes Above 30, Bring on the Larry
Replies: 142
Views: 11417

Re: Yes, This Is Market Timing: If the CAPE Goes Above 30, Bring on the Larry

Consider that all this stuff about market timing, CAPE ratios, Larry Portfolio, etc. is simply about your "gut" fear of a crash. And as Larry says over and over, your "gut" tends to make poor decisions when it comes to investing. You are experiencing fear. Pure and simple. If the fear is threatening...
by scone
Wed Jun 28, 2017 9:05 am
Forum: Personal Consumer Issues
Topic: Need Credit Card for International Travel
Replies: 45
Views: 3461

Re: Need Credit Card for International Travel

I got a new "chip and pin" dual purpose debit credit card from my credit union. It always works as a credit card overseas, and no foreign transaction fees. I also used cash, as the exchange rate from dollars to British pounds is pretty decent. I get my cash from AAA when I can.
by scone
Sun Mar 12, 2017 1:57 pm
Forum: Personal Consumer Issues
Topic: How to Die
Replies: 167
Views: 25649

Re: How to Die

I appreciate everyone's help, I really do, but to be frank, I don't need direct help with the legal and financial aspects per se , . The problem is communicating this stuff to other people who may be involved, and getting them "on board" with my decisions, while trying to avoid hurt feelin...
by scone
Sun Mar 12, 2017 7:38 am
Forum: Personal Consumer Issues
Topic: How to Die
Replies: 167
Views: 25649

Re: How to Die

scone - While the "conventional" approaches appear exhausted - friends, family, institutions, professionals - may I suggest an "unconventional" approach? Thanks, LadyGeek. I have done some of that through my hospitals, etc., contacting social workers and others about my situatio...
by scone
Sat Mar 11, 2017 5:23 pm
Forum: Personal Consumer Issues
Topic: How to Die
Replies: 167
Views: 25649

Re: How to Die

@retiredjg -- a professional guardian is usually appointed by the court to look after people who are incapacitated, but they can also do AD and POA. A minister I know recommended one. This is in New Hampshire, so your local laws will vary. @everyone thanks! I'm o.k. with my situation, actually, and ...
by scone
Sat Mar 11, 2017 1:57 pm
Forum: Personal Consumer Issues
Topic: How to Die
Replies: 167
Views: 25649

Re: How to Die

@munir, yes, a friend like that might be ideal, but I don't happen to have one. @ResearchMed, I asked my attorney to be POA both before and after my death. She said it could be considered a conflict of interest, as she would charge $220 per hour to write out bills, etc. The professional guardian I'm...
by scone
Sat Mar 11, 2017 11:24 am
Forum: Personal Consumer Issues
Topic: How to Die
Replies: 167
Views: 25649

Re: How to Die

I'm glad this thread has been revived, as it's timely for me-- my husband died in January, I have cancer, and I'm now receiving palliative care only. After talking to friends and relatives, I'm leaning toward hiring a professional guardian to be my "Advance Directives" person. I'd almost r...
by scone
Mon Nov 14, 2016 1:09 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 4184
Views: 1116312

Re: U.S. stocks in freefall

Alternatively, you can think of this as "bond yields are off the lows." :beer <- glass half full
by scone
Sat Nov 12, 2016 2:13 pm
Forum: Investing - Theory, News & General
Topic: "Stealth Wealth: I’m Just an Ordinary Average Guy"
Replies: 331
Views: 62340

Re: "Stealth Wealth: I’m Just an Ordinary Average Guy"

Definitely Stealth Wealth, but for different reasons. I was raised to think that any form of showing off via material things is vulgar and crass. You were supposed to live a quiet, non-flashy existence, to practice humility, to avoid boasting and materialistic "virtue signaling." Now, at s...
by scone
Thu Oct 13, 2016 5:40 pm
Forum: Investing - Theory, News & General
Topic: Myopic loss aversion and the equity risk premium puzzle
Replies: 76
Views: 5372

Re: Myopic loss aversion and the equity risk premium puzzle

Thank you, Larry. You're quite right, I'm much happier since I stopped looking at my portfolio all.the.time. It serves no purpose other than increasing my anxiety, and who needs that? I've even cut down on my Bogleheads time ( low be it spoken :shock: ). But I will be reading your new book.
by scone
Wed Oct 05, 2016 9:25 am
Forum: Investing - Help with Personal Investments
Topic: temporarily cashing out ?
Replies: 55
Views: 5853

Re: temporarily cashing out ?

Jumping in and out of taxable accounts when you have a "gut feeling" will kill your returns, especially if it becomes a bad habit, instead of a "just this once" event. There are usually a few bad weeks or months in every single year. Are you going to react to every one of them, f...
by scone
Thu Sep 22, 2016 6:56 am
Forum: Investing - Help with Personal Investments
Topic: Why [was] QSPIX steadily declining?
Replies: 66
Views: 8720

Re: Why is QSPIX steadily declining?

"The more interesting question is whether you can get more return for the same amount of risk or less risk for the same return, not simply superior risk/return at lower levels of both risk and return." Yes, obviously, that's always the case. I only used the long bond as an example, because...
by scone
Wed Sep 21, 2016 11:09 am
Forum: Investing - Help with Personal Investments
Topic: Why [was] QSPIX steadily declining?
Replies: 66
Views: 8720

Re: Why is QSPIX steadily declining?

^I'm expressing myself poorly. Just to clarify, what I meant was this. What would happen if you repeated Nisi's experiment, substituting a variety of alternatives, rather than QSPIX? If you could find some combo that worked like that, then the 90% Lifestrategy, 10% QSPIX combo might be giving better...
by scone
Wed Sep 21, 2016 10:02 am
Forum: Investing - Help with Personal Investments
Topic: Why [was] QSPIX steadily declining?
Replies: 66
Views: 8720

Re: Why is QSPIX steadily declining?

^ Yes, indeed. But another question. Could you "diversify" Lifestrategy with some other investment that would give you better results than "pure" Lifestrategy? If that's the case, it implies (to me at least) that the Nisi results might be as much a diversification effect as a QSP...
by scone
Sat Sep 17, 2016 3:24 pm
Forum: Personal Finance (Not Investing)
Topic: Do you really need 2.5 million to retire well?
Replies: 267
Views: 55637

Re: Do you really need 2.5 million to retire well?

You can't assume your retirement date is totally under your control, so it might be prudent to save more. Older people can lose their jobs, become ill and unable to work, anything can happen. In our case DH was offered an early retirement buy-out because his MegaCorp wanted to close the office. It w...
by scone
Thu Sep 15, 2016 2:09 pm
Forum: Investing - Help with Personal Investments
Topic: First post. 31 yr old with two Roths, 401K, and 403B. Some help please!
Replies: 29
Views: 2248

Re: First post. 31 yr old with two Roths, 401K, and 403B. Some help please!

I would build up a good sized emergency fund, at least five figures, even if it means slowing down on student loan repayment. You don't want to get into a situation where you max out your credit card, and are forced to do a payday or car title loan.
by scone
Thu Sep 15, 2016 2:04 pm
Forum: Investing - Help with Personal Investments
Topic: I am going to stop tilting. Sanity check.
Replies: 66
Views: 7581

Re: I am going to stop tilting. Sanity check.

I tilt precisely because it helps me "stay the course" with all my funds. It appeals to my frugal, bargain-hunting nature, and keeps me from feeling like I overpaid for all my stocks.
by scone
Tue Sep 13, 2016 1:26 pm
Forum: Investing - Theory, News & General
Topic: Presidential Election Insurance, Use T-Bills?
Replies: 65
Views: 5618

Re: Presidential Election Insurance, Use T-Bills?

Judging by the last couple of days, it's not the election that's worrying Mr. Market, it's the Fed.
by scone
Tue Sep 13, 2016 1:03 pm
Forum: Investing - Help with Personal Investments
Topic: I am going to stop tilting. Sanity check.
Replies: 66
Views: 7581

Re: I am going to stop tilting. Sanity check.

Maybe send a message to Robert T asking him to chime in here? He's an expert on tilting, and reading his stuff is always educational for us.
by scone
Tue Sep 13, 2016 12:59 pm
Forum: Investing - Theory, News & General
Topic: ["Ignore Forecasts. They're Usually Wrong."]
Replies: 19
Views: 2365

Re: ["Ignore Forecasts. They're Usually Wrong."]

How costly does the fraud have to get, before the fraudsters are thrown in jail? :annoyed
by scone
Tue Aug 16, 2016 11:04 am
Forum: Investing - Theory, News & General
Topic: The annuity puzzle, and a suggestion
Replies: 108
Views: 9267

Re: The annuity puzzle, and a suggestion

Let's say your insurance company goes bust, and you are forced to take a haircut, or a payment delay, or both. You took the risk and lost. Doesn't this imply that you have to "insure" against this possibility, by holding some other ultra safe (cash-like) asset you can use to pay the bills ...
by scone
Mon Aug 01, 2016 4:50 pm
Forum: Personal Finance (Not Investing)
Topic: What is a modest retirement (definition)?
Replies: 66
Views: 7626

Re: What is a modest retirement (definition)?

The basic retirement might be: food, clothing, shelter, medical care. Next up in the scale might be a car, owning your home, the usual appliances, inexpensive hobbies. The notch above that might be better food, alcohol, more expensive hobbies, travel. There's a lot of discretion in where you spend o...
by scone
Mon Aug 01, 2016 4:39 pm
Forum: Investing - Theory, News & General
Topic: madsinger monthly report (July 2016)
Replies: 13
Views: 2516

Re: madsinger monthly report (July 2016)

Is the Hot Hands portfolio some sort of momentum thing?
by scone
Mon Aug 01, 2016 4:35 pm
Forum: Personal Finance (Not Investing)
Topic: "Reverse Engineering" a retirement lifestyle/budget
Replies: 7
Views: 1650

Re: "Reverse Engineering" a retirement lifestyle/budget

We got a very unexpected buyout from DH's company a few weeks ago. DH was originally planning to work another year, even though it wasn't really necessary. It was just hard for him to "let it go" (cue song). I had already retired. Thanks to the Bogleheads, and our habit of radical over-sav...
by scone
Fri Jul 29, 2016 5:25 pm
Forum: Personal Consumer Issues
Topic: Never owned a cell phone.
Replies: 41
Views: 2973

Re: Never owned a cell phone.

^ lolz! :sharebeer
by scone
Fri Jul 29, 2016 5:22 pm
Forum: Personal Consumer Issues
Topic: Breathe Right nasal strips: more economical alternative?
Replies: 16
Views: 2916

Re: Breathe Right nasal strips: more economical alternative?

My DH lost a lot of weight, and started using two pillows. The two strategies together worked better than either alone. You can also get your partner to use ear plugs, if noise is the only issue. I started doing that years ago, and now I can't sleep without them.
by scone
Fri Jul 29, 2016 5:14 pm
Forum: Personal Consumer Issues
Topic: Preparing financially for our funerals - prepay or not?
Replies: 113
Views: 10537

Re: Preparing financially for our funerals - prepay or not?

The late Duchess of Devonshire was buried in a wicker casket, made on the home farm. Rather chic.
by scone
Wed Jul 27, 2016 7:03 am
Forum: Investing - Theory, News & General
Topic: John Bogle's home
Replies: 36
Views: 7887

Re: John Bogle's home

I'm vacationing in a modest home right now. It's on the market for almost two million. 8-)
by scone
Thu Jul 21, 2016 1:32 pm
Forum: Personal Consumer Issues
Topic: What really happens to people who run out of their money in retirement
Replies: 61
Views: 10051

Re: What really happens to people who run out of their money in retirement

What happens if you have Alzheimer's, no family, and no money?
by scone
Thu Jul 21, 2016 1:27 pm
Forum: Investing - Help with Personal Investments
Topic: Just got back from Europe...ready to sell my International...
Replies: 82
Views: 11236

Re: Just got back from Europe...ready to sell my International...

I remember NYC in the 70s. It was bad, really scary. I could have bought a TriBeCa loft for almost nothing, but I was too spooked. That property is likely worth millions today. Just saying.
by scone
Thu Jul 07, 2016 5:24 pm
Forum: Investing - Theory, News & General
Topic: Actionable Advice: What to do if Japan happens here?
Replies: 36
Views: 4327

Re: Actionable Advice: What to do if Japan happens here?

I strongly prefer the "Japan scenario" to the "nuclear annilation scenario," or the "asteroid extinction event" scenario, or the "pandemic virus" scenario. Seriously, low returns with low inflation doesn't seem like the end of all things. In fact, if the Japan...
by scone
Thu Jul 07, 2016 5:13 pm
Forum: Personal Consumer Issues
Topic: A nice wrist watch under $1500
Replies: 42
Views: 4415

Re: A nice wrist watch under $1500

I like the Hamilton watches. The Ventura is very unusual, it was in Men in Black, among other things. Lots of character.
by scone
Thu Jul 07, 2016 5:05 pm
Forum: Investing - Theory, News & General
Topic: Monetary policy is (barely) carrying the world
Replies: 29
Views: 2125

Re: Monetary policy is (barely) carrying the world

Cullen Roche has an article in PragCap where he suggests that the period we are now living in represents a reversion to a much longer term "normal" from a period of unusually good returns. He called the article "The Great Normalization," and suggests that what this period lacks i...
by scone
Tue Jun 28, 2016 10:23 am
Forum: Personal Consumer Issues
Topic: Alternatives to Traditional Pasta?
Replies: 52
Views: 4196

Re: Alternatives to Traditional Pasta?

Basmati brown rice works well in "pasta" salad recipes, and it doesn't fall apart like rice pastas can. Wild rice, IIRC, is gluten free, and that works well with rice.
by scone
Sun Jun 26, 2016 12:31 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 4184
Views: 1116312

Re: U.S. stocks in freefall

I just took a peek, and our portfolio got knocked all the way back to June 3. Meh.

BTW, DH retired on June 21. :sharebeer
by scone
Fri Jun 24, 2016 10:36 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 4184
Views: 1116312

Re: U.S. stocks in freefall

It might be one of Livesoft's RBDs, though. Ha! RBDs on a Friday do not have to acted upon. The Monday after a Friday RBD is always interesting. The weekend gives people time to look at their portfolios and make interesting decisions. Tru dat. The acrid smell of hair on fire has only just begun.
by scone
Fri Jun 24, 2016 9:27 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 4184
Views: 1116312

Re: U.S. stocks in freefall

I doubt I will hit my rebalancing band on the first day, but I will peek to see later. It might be one of Livesoft's RBDs, though. :happy
by scone
Fri Jun 24, 2016 5:54 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 4184
Views: 1116312

Re: U.S. stocks in freefall

It's my birthday, so I think I'll buy myself some stocks and maybe a little trip to old Blighty... :D
by scone
Thu Jun 23, 2016 10:26 pm
Forum: Investing - Theory, News & General
Topic: Actionable advice in a Brexit scenario
Replies: 162
Views: 19786

Re: Actionable advice in a Brexit scenario

If the pile on into Treasuries lasts, mortgage rates could drop. So plan on buying property after you get back from England. :)
by scone
Sun Jun 12, 2016 5:53 am
Forum: Investing - Theory, News & General
Topic: Crazy housing market
Replies: 77
Views: 11169

Re: Crazy housing market

For me, the big question is, how long will this last before it blows up again? :shock:
by scone
Sun Jun 12, 2016 5:48 am
Forum: Investing - Theory, News & General
Topic: 10 Year Treasury low yield
Replies: 45
Views: 4884

Re: 10 Year Treasury low yield

For those of you that are only concerned with their bond coupons to fund their retirement, congratulations on having assets large enough that you can live on 1 or 2 % of just the FI portion of your portfolio. If you have that much why are you spending time on this board instead of on your yacht in ...
by scone
Wed Jun 01, 2016 8:05 am
Forum: Personal Finance (Not Investing)
Topic: It's not shady to move States for tax reasons is it?
Replies: 48
Views: 5795

Re: It's not shady to move States for tax reasons is it?

Welcome to New Hampshire, Live Free or Die! And remember, even though we have no income tax, the property taxes can really bite, much like our local blackflies. :D
by scone
Sat May 28, 2016 11:51 am
Forum: Investing - Theory, News & General
Topic: I can't believe I am thinking this [Panic and Survival 2008-09]
Replies: 242
Views: 69184

Re: I can't believe I am thinking this

Thank you, Sheepdog. You had the guts to tell it like it is, even if it was very unpleasant. I've learned a lot from you, especially about the value of cash, which, quoting Yogi, "is just as good as money!"
:sharebeer