Search found 1975 matches

by sschullo
Tue Sep 27, 2016 9:44 pm
Forum: Personal Consumer Issues
Topic: What kind of car do Bogleheads like to drive?
Replies: 139
Views: 9613

Re: What kind of car do Bogleheads like to drive?

2011 Nissan Leaf 100% electric for around town. 2014 Tesla Model S for the open road. I never bought a new car in my life. Only until I retired and had the money did I buy two new cars with my late spouse. These cars may be the last cars I own, since I have a habit of owning cars for 10-15 years. Y...
by sschullo
Tue Sep 27, 2016 6:14 pm
Forum: Personal Finance (Not Investing)
Topic: How it really feels to have investments during a bear market?
Replies: 54
Views: 2969

Re: How it really feels to have investments during a bear market?

My late husband and I wrote a book about our portfolio during the rise and fall of the tech bubble. What led to the rise, and the loss of $1.1 million from a $1.5 million dollar portfolio, what we did to hang together, the massive mistakes, how we felt and how we straightened ourselves out, and STIL...
by sschullo
Sun Sep 25, 2016 4:07 pm
Forum: Investing - Theory, News & General
Topic: Financial planner: % of AUM plus commissions?
Replies: 21
Views: 1340

Re: Financial planner: % of AUM plus commissions?

I think you know your friend is going in the wrong direction!

The AUM is bad enough but this broker is salivating about you best friend moving his assets to him! I hope you friend thinks about this before turning it over to a broker, who has little or no fiduciary responsibility.
by sschullo
Tue Sep 13, 2016 2:56 pm
Forum: Investing - Theory, News & General
Topic: Are Index Funds a Lousy Bet Right Now?
Replies: 28
Views: 3493

Re: Are Index Funds a Lousy Bet Right Now?

Bogleheads "bet" for sports, Vegas and or Atlantic City, and not investments.
by sschullo
Sun Sep 11, 2016 7:29 pm
Forum: Investing - Theory, News & General
Topic: What are you up YTD? [Year To Date]
Replies: 1080
Views: 178998

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

Up about 5% in a boring 30/70 stock-bond index split with VG.
by sschullo
Sun Sep 11, 2016 8:34 am
Forum: Investing - Help with Personal Investments
Topic: Leaving Advisor
Replies: 24
Views: 2614

Re: Leaving Advisor

Thanks everyone for your thoughts. We met with Fidelity and will go back soon to move ahead with this. Going with FLIFX as planned. They did suggest a managed version of this fund with a higher ER and higher returns but we politely declined. cpd13 He or she is a broker and that's what brokers do to...
by sschullo
Sat Sep 10, 2016 6:45 pm
Forum: Investing - Theory, News & General
Topic: Wall St. Nuclear Meltdown
Replies: 62
Views: 8583

Re: Wall St. Nuclear Meltdown

Both stocks and bonds declined, might be one reason it's been called "nuclear." But I don't care. Heck, I am still up about 6% from the year. Also remember the first week of trading this year was the worst start of a new year in stock market history. Vanguard Wellesley® Income Admiral™ -1....
by sschullo
Wed Sep 07, 2016 7:24 pm
Forum: Investing - Theory, News & General
Topic: DOL fiduciary rule, will anything change?
Replies: 25
Views: 2367

Re: DOL fiduciary rule, will anything change?

The new rule is a small step in the right direction for 401k world. What is the exact wording of the "new rule"? Unfortunately in the 403(b) with public K-12 school districts, absolutely nothing will change. Insurance industry, with solid support from their state's insurance commissioner'...
by sschullo
Tue Sep 06, 2016 9:53 pm
Forum: Personal Consumer Issues
Topic: How much is your cell phone bill?
Replies: 164
Views: 10575

Re: How much is your cell phone bill?

rj35 wrote:Ting
$26.97
1 line

Ting is pay by use:
86 minutes used
41 texts
450 MB data

I switched to Ting from Verzion and I LOVE it.


Same here.
by sschullo
Mon Aug 29, 2016 7:41 am
Forum: Investing - Theory, News & General
Topic: glide path vs. fixed asset allocation [POLL]
Replies: 50
Views: 4139

Re: glide path vs. fixed asset allocation [POLL]

also neither,
30/70 since 2004. Age 69.
by sschullo
Sun Aug 28, 2016 8:48 pm
Forum: Investing - Theory, News & General
Topic: Rich Dad/Poor Dad Assets
Replies: 57
Views: 6339

Re: Rich Dad/Poor Dad Assets

The author is brilliant in one important area, he can sell books! Over 25 million last I heard.
by sschullo
Sun Aug 28, 2016 8:46 pm
Forum: Investing - Theory, News & General
Topic: RBD fans, Dan Wiener has news! [Really Bad Day]
Replies: 40
Views: 4983

Re: Market Timing and What Experts Say

I got a kick out this 81% success rate after something like an RBD: http://finance.yahoo.com/news/3-5-stock-market-buy-000000445.html Articles like this appeal to market-timers who erroneously think they can outperform the market. What Experts Say About Market Timing Best wishes. Taylor +1 +2 never...
by sschullo
Fri Aug 26, 2016 9:50 am
Forum: Investing - Theory, News & General
Topic: DOL fiduciary rule, will anything change?
Replies: 25
Views: 2367

Re: DOL fiduciary rule, will anything change?

The biggest impact will be felt by insurance companies that sell expensive variable annuities that pay incentive compensation to brokers/insurance agents. It will be hard for them to justify those products and fees in the light of the requirement to act in the client's best interest. Also in IRA ro...
by sschullo
Tue Aug 16, 2016 12:39 pm
Forum: Personal Finance (Not Investing)
Topic: Self-made Millionaires: how did hitting 7 figures change you?
Replies: 299
Views: 39227

Re: Self-made Millionaires: how did hitting 7 figures change you?

Change is a powerful word, and not always embraced with open arms. I can only recall the feeling. I also remember when our portfolio hit the magic 1M. It was November 1999. A friend called that evening and started his message by saying "Hello Millionaires." It was a great feeling, an achie...
by sschullo
Mon Jul 25, 2016 4:15 pm
Forum: Personal Finance (Not Investing)
Topic: saving without goals?
Replies: 23
Views: 2866

Re: saving without goals?

1. Asset allocations. Right now we split our savings to 50% cash to keep building up that down payment, and 50% to a vanguard portfolio that is 50% stock/50% bond. So pretty conservatively. Have you been through a market crash like 08/09? Thimk losing 1/2 of your stock value in a market crash. You ...
by sschullo
Mon Jul 25, 2016 12:27 pm
Forum: Personal Finance (Not Investing)
Topic: saving without goals?
Replies: 23
Views: 2866

Re: saving without goals?

Way back in my working career, my hubby and I never had goals. All we did was life frugally, save as much as we could afford in our 403(b)s and spend the rest. We didn't even have a budget. The advantage we had as a couple of guys is that we both had a good balance between spending and investing, al...
by sschullo
Fri Jul 22, 2016 9:20 pm
Forum: Investing - Theory, News & General
Topic: Are you feeling uncomfortable? [with your investments]
Replies: 42
Views: 4542

Re: Are you feeling uncomfortable? [with your investments]

I am comfortable since I have a fully diversified portfolio with a stock bond split 30/70 which is appropriate for my age at 69. But it sounds like you might need to look at your risk exposure. Feelings are a clue something might need to be adjusted. Perhaps, you don't fully understand your plan and...
by sschullo
Tue Jul 19, 2016 9:08 pm
Forum: Personal Consumer Issues
Topic: What kind of car do Bogleheads like to drive?
Replies: 139
Views: 9613

Re: What kind of car do Bogleheads like to drive?

2011 Nissan Leaf 100% electric for around town.
2014 Tesla Model S for the open road.

I never bought a new car in my life. Only until I retired and had the money did I buy two new cars with my late spouse. These cars may be the last cars I own, since I have a habit of owning cars for 10-15 years.
by sschullo
Sun Jul 17, 2016 9:40 pm
Forum: Local Chapters and Bogleheads Community
Topic: Happy Birthday, Mel! Boglehead #2.
Replies: 41
Views: 3073

Re: Happy Birthday, Mel! Boglehead #2.

Happy birthday Mel. You're the greatest! Steve Thanks, Steve. Keep up the good fight. How's the book doing? Sorry Mel, I did not notice your question till now. In 3.5 years, I have given away over 11,000 paperbacks and iBooks, and sold about 700 through Amazon. As you probably know that most books ...
by sschullo
Mon Jul 11, 2016 10:06 pm
Forum: Personal Finance (Not Investing)
Topic: Do you have any retiree healthcare benefit from your employer?
Replies: 76
Views: 3926

Re: Do you have any retiree healthcare benefit from your employer?

I am very fortunate. Not only do I have medical benefits from my employer (retired k-12 public teacher), but I am a serviced-connected disabled Vietnam veteran and have the VA system as well.
by sschullo
Sun Jul 10, 2016 3:13 pm
Forum: Investing - Theory, News & General
Topic: Why do we assume that a well diversified portfolio will inevitably increase over the long term?
Replies: 52
Views: 4157

Re: Why do we assume that a well diversified portfolio will inevitably increase over the long term?

Why do we assume that a well diversified portfolio will inevitably increase over the long term? Honestly, and taking your question at face value, I think it's just too gloomy a proposition for people to consider a well-diversified portfolio may not increase over the long term. Nothing complicated a...
by sschullo
Sun Jul 10, 2016 9:01 am
Forum: Investing - Theory, News & General
Topic: Why do we assume that a well diversified portfolio will inevitably increase over the long term?
Replies: 52
Views: 4157

Re: Why do we assume that a well diversified portfolio will inevitably increase over the long term?

Why do we assume that a well diversified portfolio will inevitably increase over the long term? Honestly, and taking your question at face value, I think it's just too gloomy a proposition for people to consider a well-diversified portfolio may not increase over the long term. Nothing complicated a...
by sschullo
Sat Jul 09, 2016 8:12 am
Forum: Investing - Theory, News & General
Topic: What are you up YTD? [Year To Date]
Replies: 1080
Views: 178998

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

When you guys report here how much you're 'up,' you are reporting based on the XIRR formula, correct? I use the old fashion method, what I learned in middle school about compound interest, only this time it is simple interest. Using M* portfolio, I keep records. I know what my portfolio was worth o...
by sschullo
Fri Jul 08, 2016 5:38 pm
Forum: Investing - Theory, News & General
Topic: What are you up YTD? [Year To Date]
Replies: 1080
Views: 178998

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

When you guys report here how much you're 'up,' you are reporting based on the XIRR formula, correct? I use the old fashion method, what I learned in middle school about compound interest, only this time it is simple interest. Using M* portfolio, I keep records. I know what my portfolio was worth o...
by sschullo
Thu Jul 07, 2016 8:06 pm
Forum: Personal Finance (Not Investing)
Topic: Hourly Financial Planner - Seattle area
Replies: 3
Views: 437

Re: Hourly Financial Planner - Seattle area

I had six friends go to a fee only financial adviser, either Garrett or NAPFA.com. 4 liked them and 2 walked away because one said that the .80% and the hourly fee was too high and he did not trust him and the other said no. This adviser recommended that he sell his gold holdings to diversify his po...
by sschullo
Thu Jul 07, 2016 8:48 am
Forum: Investing - Help with Personal Investments
Topic: International Bond Fund: yes or no
Replies: 33
Views: 2088

Re: International Bond Fund: yes or no

I held VG's International bond fund for 3-4 years now, ...YTD return: 6.67% The YTD return is great but that means the interest rate has dropped for new purchases. IMHO the horse has left the barn. Yeah, if you are looking for short term gains for this year. I don't think about performance. I think...
by sschullo
Wed Jul 06, 2016 12:27 pm
Forum: Investing - Help with Personal Investments
Topic: International Bond Fund: yes or no
Replies: 33
Views: 2088

Re: International Bond Fund: yes or no

I held VG's International bond fund for 3-4 years now, am content with not only its place in my portfolio to reduce risk, but with its own performance as well. I had not anticipated a 6-8% return in a bond fund! But I'll take it. ER is a "whopping".14%. YTD return: 6.67% 2015: 1.06% 2014: ...
by sschullo
Wed Jul 06, 2016 12:17 pm
Forum: Local Chapters and Bogleheads Community
Topic: Happy Birthday, Mel! Boglehead #2.
Replies: 41
Views: 3073

Re: Happy Birthday, Mel! Boglehead #2.

Happy birthday Mel. You're the greatest!
Steve
by sschullo
Fri Jul 01, 2016 10:15 am
Forum: Investing - Theory, News & General
Topic: What are you up YTD? [Year To Date]
Replies: 1080
Views: 178998

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

4.7%. From Jan-April, 37/63 stock bond split. May-June now have a 30/70 split. Half of my portfolio is in VG TBM. All of my holdings went up, even the Internationals! Name Ticker Return Vanguard Wellesley® Income Admiral™ VWIAX 7.65 Vanguard Total Intl Bd Idx Admiral™ VTABX 5.91 Vanguard Total Bond ...
by sschullo
Fri Jul 01, 2016 8:19 am
Forum: Personal Finance (Not Investing)
Topic: Where were you financially when you were at 30?
Replies: 226
Views: 24593

Re: Where were you financially when you were at 30?

I graduated college at 30. Neither I nor my spouse had any retirement savings, and would not start until our late 30s. Furthermore, neither one of us knew anything about the investment process and would not learn the Boglehead way for another 25 years, in my 50s. Back 35 years ago, the investment wo...
by sschullo
Thu Jun 30, 2016 4:02 pm
Forum: Investing - Help with Personal Investments
Topic: Recommend an Independent Financial Advisor, please? [fee-only]
Replies: 24
Views: 1956

Re: Recommend an Independent Financial Advisor, please? [fee-only]

Almost every Vanguard client has access to a FA. For the first time I used him to help me rebalance my portfolio last April. Hiring an outside fee only FA is fine, but they can be expensive. Call your Vanguard Flagship Representative first and ask him or her for a referral.
by sschullo
Tue Jun 28, 2016 3:01 pm
Forum: Personal Consumer Issues
Topic: Alternatives to Traditional Pasta?
Replies: 52
Views: 3233

Re: Alternatives to Traditional Pasta?

LibertyLover wrote:
dependapotamus wrote:Spaghetti squash is gluten free and can be tasty.


Spaghetti Squash will probably be tastier then any other alternative pasta or spiralized veggie.


Need a tasty home made tomato sauce to liven up spaghetti squash.
by sschullo
Sun Jun 26, 2016 11:24 am
Forum: Investing - Theory, News & General
Topic: Jason Zweig: The More It Hurts, the More You Make
Replies: 35
Views: 6247

Re: Jason Zweig: The More It Hurts, the More You Make

I would think most Bogleheads intimately know that uncertainty and surprises are the essence of investing, which can be successfully managed with a good plan. I know because it was the Bogleheads who taught me years ago.
by sschullo
Sun Jun 26, 2016 11:19 am
Forum: Investing - Theory, News & General
Topic: What did you learn from the post-Brexit bloodbath?
Replies: 145
Views: 11884

Re: What did you learn from the post-Brexit bloodbath?

I did not learn much, except my portfolio behaved as expected. I have a plan that will address almost all of the upside and downside, no matter what the cause. The only certainty is that there will be uncertainty and plenty of noise to go along.
by sschullo
Sun Jun 26, 2016 11:16 am
Forum: Personal Finance (Not Investing)
Topic: Retirement Savings - is it more complicated?
Replies: 8
Views: 766

Re: Retirement Savings - is it more complicated?

Nope. $1.2 million is an excellent goal if you are retiring in the near future and if you have full SS benefits with no debts, and finally, if you continue to live frugally in retirement. For young people who will be retiring in 20-40+ years, $1.2 may not be enough.
by sschullo
Sat Jun 25, 2016 8:03 am
Forum: Investing - Theory, News & General
Topic: What are you up YTD? [Year To Date]
Replies: 1080
Views: 178998

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

30% equities/70% bonds went down .003% yesterday.

YTD portfolio is up about 3.5%.
by sschullo
Sun Jun 05, 2016 8:38 pm
Forum: Investing - Theory, News & General
Topic: Biggest investing myths
Replies: 39
Views: 3377

Re: Biggest investing myths

Jags4186 wrote:Successful investing means beating the market.

"Average returns" are bad.


"boring" also elicits negative responses.
by sschullo
Sun Jun 05, 2016 8:12 pm
Forum: Investing - Theory, News & General
Topic: What are the biggest criticisms about the Boglehead way?
Replies: 243
Views: 21972

Re: What are the biggest criticisms about the Boglehead way?

There are plenty of cogent criticisms to be made. I'll name a a few. 1. It's boring. From an investment perspective, a "boring" philosophy means it's hard for people to stay the course. In the intelligent investor even Benjamin Graham acknowledged this, and said, if you MUST actively mana...
by sschullo
Sun Jun 05, 2016 3:36 pm
Forum: Investing - Theory, News & General
Topic: What are the biggest criticisms about the Boglehead way?
Replies: 243
Views: 21972

Re: What are the biggest criticisms about the Boglehead way?

I work in the industry. The most frequent criticism of indexing I hear is "Indexing guarantees you'll get average returns. Why be average when you don't have to be?" A fallacy wrapped in a lie. I get that too. I respond, and "what the heck is the matter with getting 7-9% return? Noth...
by sschullo
Sun Jun 05, 2016 10:05 am
Forum: Investing - Theory, News & General
Topic: What are the biggest criticisms about the Boglehead way?
Replies: 243
Views: 21972

Re: What are the biggest criticisms about the Boglehead way?

I agree with sschullo about "braggin' rights." When the inevitable discussion about investments starts, I mention that I use index funds and get the deer in the headlight look. The group then splits up and I am left standing alone drinking my coffee...... :wink: Attend a AAII meeting. Its...
by sschullo
Sun Jun 05, 2016 9:44 am
Forum: Investing - Theory, News & General
Topic: What are the biggest criticisms about the Boglehead way?
Replies: 243
Views: 21972

Re: What are the biggest criticisms about the Boglehead way?

My primary criticism (tongue in cheek) of the Boglehead way is that I cannot brag at parties about my such and such stock, or sector fund which has gone through the roof. Not to mention, I don't get any fancy dinners from Vanguard while they are giving sales pitches :? :wink: Actually I did! It was...
by sschullo
Sun Jun 05, 2016 9:28 am
Forum: Investing - Theory, News & General
Topic: What are the biggest criticisms about the Boglehead way?
Replies: 243
Views: 21972

Re: What are the biggest criticisms about the Boglehead way?

Bogleheads: Let's not forget. This is the Boglehead Way: 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 taxes 9 Invest with simplicity 10 Stay the cour...
by sschullo
Sat Jun 04, 2016 2:45 pm
Forum: Personal Consumer Issues
Topic: How To Write A Book Proposal
Replies: 16
Views: 1313

Re: How To Write A Book Proposal

Hi, I hope you find what you are looking for. You got great advice from a lot of smart people here from previous questions you asked. Get some mentors, work hard, get an education, know yourself, even if you think you have no talent for a specific task, do it anyway IF its your passion/love and nev...
by sschullo
Sat Jun 04, 2016 11:21 am
Forum: Personal Consumer Issues
Topic: How To Write A Book Proposal
Replies: 16
Views: 1313

Re: How To Write A Book Proposal

Hi, I hope you find what you are looking for. You got great advice from a lot of smart people here from previous questions you asked. Get some mentors, work hard, get an education, know yourself, even if you think you have no talent for a specific task, do it anyway IF its your passion/love and neve...
by sschullo
Fri Jun 03, 2016 10:28 pm
Forum: Investing - Help with Personal Investments
Topic: Help me help my retiring mother (public school teacher w/ CalSTRS/403b annuity)
Replies: 42
Views: 2951

Re: Help me help my retiring mother (public school teacher w/ CalSTRS/403b annuity)

Boglephreak, In your original post you asked about how to research 403bs and CalSTRS. You have received excellent replies on what the major issues are with many 403bs, but you haven't yet received what I believe to be the best source of information about CalSTRS. While many posters have mentioned C...
by sschullo
Fri Jun 03, 2016 6:55 am
Forum: Investing - Help with Personal Investments
Topic: Help me help my retiring mother (public school teacher w/ CalSTRS/403b annuity)
Replies: 42
Views: 2951

Re: Help me help my retiring mother (public school teacher w/ CalSTRS/403b annuity)

Correct me if I am wrong, but isnt a guaranteed 3% in today's environment a decent return? One and two year CDs are about 1.3-1.5%; 5 year CDs are about 2.3. I'd love to hear what Steve says, but yes and that is exactly why Mom went 50:50. Having said that, the 3.5 is the "hook" to get yo...
by sschullo
Thu Jun 02, 2016 7:47 pm
Forum: Investing - Help with Personal Investments
Topic: Help me help my retiring mother (public school teacher w/ CalSTRS/403b annuity)
Replies: 42
Views: 2951

Re: Help me help my retiring mother (public school teacher w/ CalSTRS/403b annuity)

Correct me if I am wrong, but isnt a guaranteed 3% in today's environment a decent return? One and two year CDs are about 1.3-1.5%; 5 year CDs are about 2.3. I'd love to hear what Steve says, but yes and that is exactly why Mom went 50:50. Having said that, the 3.5 is the "hook" to get yo...
by sschullo
Thu Jun 02, 2016 2:22 pm
Forum: Investing - Help with Personal Investments
Topic: Help me help my retiring mother (public school teacher w/ CalSTRS/403b annuity)
Replies: 42
Views: 2951

Re: Help me help my retiring mother (public school teacher w/ CalSTRS/403b annuity)

Thanks for all of the information! I am still trying to get copies of the annuity contracts, but I dont think my advice will change much. This is the advice I am planning on providing to my mother: For the CalSTRS Defined Benefit Supplemental Funds, we are going to try to reverse her election (i.e....
by sschullo
Thu Jun 02, 2016 2:06 pm
Forum: Investing - Help with Personal Investments
Topic: Help wiht 403B investing
Replies: 15
Views: 720

Re: Help wiht 403B investing

I IMHO the usual offerings for teacher's 403b plans is criminal Amen! If you have a story, or know somebody that has a story, PM me. A NY Times reporter is looking into the annuity practices of public school 403b annuities. Yes, IMO, it is criminal, but all perfectly legal. Hey Steve, Correct me if...

Go to advanced search