Search found 1894 matches

by sschullo
Sun May 01, 2016 10:46 am
Forum: Investing - Theory, News & General
Topic: Classic Bernstein — Asset Allocation and Time Horizon
Replies: 46
Views: 4542

Re: Classic Bernstein — Asset Allocation and Time Horizon

Jim, I don't find Bernstein's Retirement Calculator From Hell example convincing, for a few reasons. First, in the event of global catastrophe -- deranged South Asian dictator, 1962 crisis, etc. -- your portfolio does not matter as you will not be present to experience the unfortunate failure of th...
by sschullo
Sun Apr 24, 2016 8:06 am
Forum: Investing - Theory, News & General
Topic: Do you think this is a bad time to enter the market? With the dow at 18,000
Replies: 89
Views: 7273

Re: Do you think this is a bad time to enter the market? With the dow at 18,000

I got scared in 08 and sold the total market. After 1800 posts, its clear you have not learned much here. That's fine, the investing process is difficult for many people. My emotions might have a strong hold on me but to say I have not learned much here that would not be true. I feel that I have le...
by sschullo
Sat Apr 23, 2016 11:51 am
Forum: Investing - Theory, News & General
Topic: Do you think this is a bad time to enter the market? With the dow at 18,000
Replies: 89
Views: 7273

Re: Do you think this is a bad time to enter the market? With the dow at 18,000

I got scared in 08 and sold the total market. Given that, and the fact that you are obviously still anxious about the market, you may not have the temperament to invest in the stock market. Yet for some reason you feel compelled that you should invest in it. My sense is that you are risk averse, an...
by sschullo
Wed Apr 20, 2016 10:37 pm
Forum: Investing - Help with Personal Investments
Topic: Do morning star ratings matter?
Replies: 6
Views: 463

Re: Do morning star ratings matter?

many previous discussions: https://www.google.com/search?sitesearch=bogleheads.org&q=M*+ratings

IMO, all of the ratings agencies are a cruel joke. Remember the AAA ratings on absolutely useless "investments" during 2008?
by sschullo
Wed Apr 20, 2016 10:34 pm
Forum: Personal Finance (Not Investing)
Topic: How Did You File Your Income Taxes for 2015?
Replies: 101
Views: 4060

Re: How Did You File Your Income Taxes for 2015?

BTW Turbo Tax since it was available Tried Turbo tax in the late 90s, horrible program, abandoned it. Since my spouse died last fall who did the taxes by hand, I used turbo tax. Loved it. Greatly improved program especially the part of transferring capital gains and dividends from Vanguard to TT. E...
by sschullo
Sun Apr 10, 2016 9:27 am
Forum: Investing - Theory, News & General
Topic: DOL fiduciary rule, will anything change?
Replies: 15
Views: 1461

Re: DOL fiduciary rule, will anything change?

The new rule is a small step in the right direction for 401k world. Unfortunately in the 403(b) with public K-12 school districts, absolutely nothing will change. Insurance industry, with powerful support from their states insurance commissioner's office, can and will sell 22-year-old teachers fixed...
by sschullo
Sat Apr 09, 2016 5:01 pm
Forum: Personal Consumer Issues
Topic: What Book Are You Currently Reading? Part VI
Replies: 1531
Views: 338940

Re: What Book Are You Currently Reading? Part VI

Just finished Steve Martin's autobiography: Born Standing Up. A well written, easy read, account of his life who self-described himself with no talents, except persistence, and learned everything from experience and other comedians. http://www.amazon.com/Born-Standing-Up-Comics-Life/dp/1416553657/re...
by sschullo
Mon Apr 04, 2016 7:09 pm
Forum: Personal Consumer Issues
Topic: Tesla Model 3 anyone?
Replies: 279
Views: 17834

Re: Tesla Model 3 anyone?

My entire power bill is $30 per month from the most expensive power company in America, Edison. $30 includes house needs, swimming pool, AC in the hot desert heat, and two 100% electric cars. And how much did the electric cars and the solar panels cost you? Ah, the article explains it. Looks like y...
by sschullo
Mon Apr 04, 2016 8:32 am
Forum: Personal Consumer Issues
Topic: Tesla Model 3 anyone?
Replies: 279
Views: 17834

Re: Tesla Model 3 anyone?

Anyone thinking of putting in $1000 to reserve a spot this Mar 31st? No, but I am a huge fan of Tesla and its founder. Besides I already have the Model S and the Nissan Leaf. There is more to owning this car than just gas savings: No gas, dirty oil changes, complicated and expensive maintenance (ex...
by sschullo
Mon Apr 04, 2016 8:09 am
Forum: Personal Consumer Issues
Topic: Tesla Model 3 anyone?
Replies: 279
Views: 17834

Re: Tesla Model 3 anyone?

Anyone thinking of putting in $1000 to reserve a spot this Mar 31st? No, but I am a huge fan of Tesla and its founder. Besides I already have the Model S and the Nissan Leaf. There is more to owning this car than just gas savings: No gas, dirty oil changes, complicated and expensive maintenance (ex...
by sschullo
Sat Apr 02, 2016 1:09 pm
Forum: Investing - Theory, News & General
Topic: Things I'm Pretty Sure About
Replies: 22
Views: 4189

Re: Things I'm Pretty Sure About

Sorry, I need to disagree here. I have to say that I did enjoy a few of the observations here, but these two statements drew me to a full stop. If investing were easy, everyone would be successful. And if everyone were successful, there would be no more opportunity to exploit. So it's never going t...
by sschullo
Sat Mar 26, 2016 7:06 pm
Forum: Investing - Help with Personal Investments
Topic: What fidelity funds should I choose?
Replies: 16
Views: 1451

Re: What fidelity funds should I choose?

William4u wrote:
sschullo wrote:Spartan Index funds.


I use these funds. IMHO, they are the only things worth investing in at Fidelity.


Ditto!
by sschullo
Sat Mar 26, 2016 9:44 am
Forum: Investing - Help with Personal Investments
Topic: What fidelity funds should I choose?
Replies: 16
Views: 1451

Re: What fidelity funds should I choose?

Spartan Index funds.
by sschullo
Sat Mar 26, 2016 9:41 am
Forum: Investing - Theory, News & General
Topic: Meeting to improve 403b with our plan administrator
Replies: 23
Views: 2231

Re: Meeting to improve 403b with our plan administrator

Just an update: We seem to be moving in the right direction but I'm not sure as the fund choices are to be determined. I know that feeling. Ten years ago, the same issue happened. Yeah, we were headed in the right direction too, away from annuities into mutual funds. But the problem was most of the...
by sschullo
Fri Mar 25, 2016 8:36 pm
Forum: Personal Consumer Issues
Topic: What passive things you do beside investing??
Replies: 44
Views: 3718

Re: What passive things you do beside investing??

1. keeping the same, used, economical, non muscle cars for years. 2. solar panels with two electric cars. $35 per month for all power needs and practically no maintenance for the cars. 3. refrain from buying excessive and expensive crap. 4. wear shorts and t-shirts almost every day throughout the y...
by sschullo
Fri Mar 25, 2016 8:34 pm
Forum: Investing - Help with Personal Investments
Topic: Total newbie, late starter, freaking out a little ...
Replies: 13
Views: 1751

Re: Total newbie, late starter, freaking out a little ...

Galt wrote: "I’m sort of thinking of the Boglehead suggested plan: U.S. total stock market index fund, An international total stock market index fund, a U.S. total bond market index fund. I like simplicity." Late Starter! At 48 you are a young man. I did not learn Taylor's simple 3-fund st...
by sschullo
Fri Mar 25, 2016 8:27 pm
Forum: Personal Consumer Issues
Topic: What passive things you do beside investing??
Replies: 44
Views: 3718

Re: What passive things you do beside investing??

1. keeping the same car for years. 2. solar panels with two electric cars. $35 per month for all power needs and practically no maintenance for the cars. 3. refrain from buying excessive and expensive crap. 4. wear shorts and t-shirts almost every day throughout the year. Just don't trade much with ...
by sschullo
Wed Mar 16, 2016 7:56 pm
Forum: Investing - Help with Personal Investments
Topic: 403(b) Options for Teachers
Replies: 18
Views: 1194

Re: 403(b) Options for Teachers

My wife is also a teacher (in Indiana). Just wanted to recommend taking a minute to check the valic options. Her 403b plan allows for self directed investing and while a lot of the fund options are expensive, hers also has a couple good options including several with vanguard funds. We have hers in...
by sschullo
Mon Mar 14, 2016 7:25 am
Forum: Investing - Help with Personal Investments
Topic: Help with lousy 401K choices
Replies: 6
Views: 568

Re: Help with lousy 401K choices

I agree that before doing anything you need to verify (from your plan info, not from the public internet) that these are your expense ratios... Ditto. The internet quotes are for retail investors. Within many tax deferred, employer-sponsored retirement plans, the costs could be lower. Talk to the T...
by sschullo
Sun Mar 13, 2016 8:29 pm
Forum: Investing - Theory, News & General
Topic: Late Starters
Replies: 61
Views: 5358

Re: Late Starters

Other threads that discussed late starters: Here is a poll: https://www.bogleheads.org/forum/viewtopic.php?t=141438 https://www.bogleheads.org/forum/viewtopic.php?t=164460 https://www.bogleheads.org/forum/viewtopic.php?t=115170 FWIW, My late spouse and I wrote a book, Late Bloomer Millionaires. Whil...
by sschullo
Mon Feb 22, 2016 8:28 pm
Forum: Personal Finance (Not Investing)
Topic: Mr Money Mustache Article (New Yorker)
Replies: 94
Views: 12149

Re: Mr Money Mustache Article (New Yorker)

I don't subscribe to his extreme life style, but I live frugally. His articles are damn close to just plain brilliant. I tweeted him if he had been approached about having a TV show and he said that he tried it but it took time away from his retirement. The guy is just one amazing writer to explain ...
by sschullo
Mon Feb 08, 2016 9:56 am
Forum: Personal Finance (Not Investing)
Topic: Great 403b for teachers?
Replies: 42
Views: 4253

Re: Great 403b for teachers?

Question regarding title of thread (Great 403b for teachers) I see a lot of comments about profession-specific investment advice, but I'm not sure how investment advice that is great for one profession would not be great for another profession. The investment "advice" for public k-12 prof...
by sschullo
Sat Jan 30, 2016 4:35 pm
Forum: Forum Issues and Administration
Topic: BOGLEHEADS.COM AND BOGLEHEADS.NET
Replies: 51
Views: 5331

Re: BOGLEHEADS.COM AND BOGLEHEADS.NET

This issue is common. When we had a legislation in CA to reform the states insurance code, the opposition bought up 403bwise.net and 403bwise.org, to drive traffic to the opposition. Of course, 403bwise.com was in support of the reform legislation. Lesson is to buy up all three domains: .org, .com a...
by sschullo
Thu Jan 21, 2016 8:24 am
Forum: Investing - Help with Personal Investments
Topic: Failing "sleep well" test: Change AA or more Boglehead-therapy?
Replies: 63
Views: 5563

Re: Failing "sleep well" test: Change AA or more Boglehead-therapy?

BahamaMan wrote:
livesoft wrote:
SeeMoe wrote:I would take SS at 63 and invest it .

I found a place that gives about an 8% guaranteed return that I would invest 100% of my SS benefits in. Have you found something better?


+1 ............... :happy

+2 that 8% return will be mine in 1.5 years! :mrgreen:
by sschullo
Mon Jan 18, 2016 8:41 am
Forum: Investing - Help with Personal Investments
Topic: Failing "sleep well" test: Change AA or more Boglehead-therapy?
Replies: 63
Views: 5563

Re: Failing "sleep well" test: Change AA or more Boglehead-therapy?

Of course, probably nobody loses sleep when the market keeps going up! :- ) If you are unable to heed the great suggestions offered (turn off TV, go on vacation, hire a fee only adviser from Garrett Planning Network or National Association of Personal Financial Advisers) to keep your emotions in che...
by sschullo
Sun Jan 03, 2016 9:42 pm
Forum: Investing - Theory, News & General
Topic: 2015 Asset Class Returns
Replies: 18
Views: 3145

Re: 2015 Asset Class Returns

Call_Me_Op wrote:Some of the numbers do not look right. For example, small-cap value looks way too bad and emerging markets way to good.


Yeah! I agree.
-32.86 would make it the worst performance on record, worse than 2008?
by sschullo
Wed Dec 30, 2015 7:06 pm
Forum: Personal Finance (Not Investing)
Topic: Great 403b for teachers?
Replies: 42
Views: 4253

Re: Great 403b for teachers?

krow36, I would be very careful about entering into a agreement with any teacher's union sponsored 403(b). It certainly looks like you did your homework and those Vanguard fees and NEA Security Benefit fees look good. However, teacher's unions historically have done a terrible job. The only way you...
by sschullo
Wed Dec 30, 2015 9:24 am
Forum: Personal Finance (Not Investing)
Topic: Great 403b for teachers?
Replies: 42
Views: 4253

Re: Great 403b for teachers?

krow36, I would be very careful about entering into a agreement with any teacher's union sponsored 403(b). It certainly looks like you did your homework and those Vanguard fees and NEA Security Benefit fees look good. However, teacher's unions historically have done a terrible job. The only way you ...
by sschullo
Mon Dec 21, 2015 10:58 am
Forum: Investing - Help with Personal Investments
Topic: Thoughts on 3M (MMM)
Replies: 39
Views: 4739

Re: Thoughts on 3M (MMM)

I did not believe your last comment about dividends increases as I did not notice a difference in the last ten years I owned the stock. But you are almost right about increasing dividends every year (except 2003 and if I am reading this table correctly) http://www.nasdaq.com/symbol/mmm/dividend-his...
by sschullo
Mon Dec 21, 2015 9:48 am
Forum: Investing - Help with Personal Investments
Topic: Thoughts on 3M (MMM)
Replies: 39
Views: 4739

Re: Thoughts on 3M (MMM)

My mother bought 3M stocks back in the 50's and 60s. I benefited in several ways by my mother's decision as she worked for the company. It still has a small satellite factory in my tiny hometown, Cumberland, in northern Wisconsin. When she died in 2000, I inherited about 50 shares. For sentimental ...
by sschullo
Sat Dec 19, 2015 10:28 pm
Forum: Investing - Help with Personal Investments
Topic: Thoughts on 3M (MMM)
Replies: 39
Views: 4739

Re: Thoughts on 3M (MMM)

This is just my personal opinion, but I think it's a great time to load up on MMM. So long as at the same time you are also loading up on ABT, ABBV, ACN, ACE, ATVI, ADBE, ADT, AAP, AES, AET, AFL, AMG, A, GAS, APD, ARG, AKAM, AA, AGN, ALXN, ALLE, ADS, ALL, GOOGL, GOOG, ALTR, MO, AMZN, AEE, AAL, AEP,...
by sschullo
Wed Dec 16, 2015 9:15 am
Forum: Investing - Help with Personal Investments
Topic: Thoughts on 3M (MMM)
Replies: 39
Views: 4739

Re: Thoughts on 3M (MMM)

My mother bought 3M stocks back in the 50's and 60s. I benefited in several ways by my mother's decision as she worked for the company. It still has a small satellite factory in my tiny hometown, Cumberland, in northern Wisconsin. When she died in 2000, I inherited about 50 shares. For sentimental r...
by sschullo
Tue Oct 13, 2015 8:19 am
Forum: Personal Finance (Not Investing)
Topic: Does the feeling of abundance escape other Bogleheads too?
Replies: 119
Views: 26584

Re:

I max out my 401(k) plan and my profit sharing plan. According to Financial Engines, there is a 95%+ chance that I will meet my retirement goals I spend the rest. You really cannot take it with you. +1 I think there is too much discussion about how much you should be saving. As an educator, I saved...
by sschullo
Tue Oct 13, 2015 8:10 am
Forum: Personal Consumer Issues
Topic: Thinking of quitting job for a year of travel
Replies: 59
Views: 5091

Re: Thinking of quitting job for a year of travel

Do it! When I was 20, I "traveled" to Vietnam for 37 days. This week we are going back for my "2nd tour." Always wanted to travel. I think its fine to spend money while you are still young (and older too) on traveling. Never bought a new car during my working years, but I have tr...
by sschullo
Sat Oct 10, 2015 7:38 am
Forum: Personal Finance (Not Investing)
Topic: What is your favorite 60/40 balanced fund at Vanguard and why?
Replies: 32
Views: 4300

Re: What is your favorite 60/40 balanced fund at Vanguard and why?

Wellington. Tilted towards mid-cap and large cap value, good track record, but most important, its managed with a vanguard philosophy in mind--low costs, long term horizon, managers are not trying to find companies that will beat the indexes. The turn over rate is high for my taste, but its my under...
by sschullo
Sat Oct 10, 2015 7:22 am
Forum: Investing - Theory, News & General
Topic: Meeting to improve 403b with our plan administrator
Replies: 23
Views: 2231

Re: Meeting to improve 403b with our plan administrator

I'm a teacher and ask our association's president if there are any updates on trying to improve our 403b options periodically as I've brought to their attention the high fees options we currently have. Below is a response to my most recent inquiry about it. We are looking first to hire an impartial...
by sschullo
Fri Oct 09, 2015 10:03 am
Forum: Investing - Theory, News & General
Topic: New investors: how did your first correction go?
Replies: 100
Views: 7551

Re: New investors: how did your first correction go?

I know you asked only for recent first timers. Just to offer a perspective from an old timer, I remember my first correction back in 1997 and the 2nd in 1998, when I was a young and extremely overconfident wippersnapper at 50 years old. "Not a big deal" I remember while yawning. Then the &...
by sschullo
Tue Oct 06, 2015 7:27 am
Forum: Investing - Theory, News & General
Topic: BOGLEHEAD CONTEST -- Third Quarter Report
Replies: 5
Views: 783

Re: BOGLEHEAD CONTEST -- Third Quarter Report

Thank you Taylor for being late!
Otherwise, all of tea-leaf reading would have been for nothing.
Steve
by sschullo
Sun Oct 04, 2015 10:48 pm
Forum: Investing - Theory, News & General
Topic: A meeting with Jack Bogle
Replies: 30
Views: 3584

Re: A meeting with Jack Bogle

Great story Taylor!
by sschullo
Fri Oct 02, 2015 10:36 am
Forum: Investing - Help with Personal Investments
Topic: TreasuryDirect down?
Replies: 6
Views: 389

Re: TreasuryDirect down?

jackpistachio wrote:Anybody else having troubles accessing http://www.treasurydirect.gov? Just tried from a Windows 7, 8, and 10 machine and from both IE and Chrome. Keep getting the webpage is not available.


Running 10, your link works fine for me.
by sschullo
Thu Oct 01, 2015 11:48 am
Forum: Personal Consumer Issues
Topic: Name your top favorite tv shows
Replies: 188
Views: 27577

Re: Name your top favorite tv shows

Wall $treet Week with Louis Rukeyser. I still miss "Uncle Lou." :( From a historical perspective, it might be both enlightening and astonishing at the conversations with all of his guests, and their failed predictions. For example here is his show after the 1987 crash: https://www.youtube...
by sschullo
Tue Sep 22, 2015 8:04 am
Forum: Forum Issues and Administration
Topic: AMAZING BOGLEHEADS.ORG FORUM STATS
Replies: 29
Views: 4630

Re: AMAZING BOGLEHEADS.ORG FORUM STATS

Great job!
What is the average time each person spends on the site?
How many pages do they view before exiting?
How many are new visitors and how many are returning visitors?
by sschullo
Sun Sep 20, 2015 5:31 pm
Forum: Investing - Theory, News & General
Topic: dynamic asset allocation, based on market crashing?
Replies: 19
Views: 1293

Re: dynamic asset allocation, based on market crashing?

Eliminate the classy and sophisticated terminology ("backtest-overfitted market-timing-in-disguise idea") and you have what we call around here "Rebalancing." :wink:
by sschullo
Sat Sep 19, 2015 9:33 pm
Forum: Investing - Theory, News & General
Topic: Cheap copy of Lange's Retire Secure 3rd Edition
Replies: 71
Views: 9739

Re: Cheap copy of Lange's Retire Secure 3rd Edition

Thanks, I had already ordered his "Live Gay Retire Rich." There are so few financial books aimed towards same sex couples and the LGBT community.
by sschullo
Sat Sep 19, 2015 5:48 pm
Forum: Local Chapters and Bogleheads Community
Topic: Where is the Munchkin Man?
Replies: 23
Views: 7133

Re: Where is the Munchkin Man?

yea, he had a energy and a good heart, but seriously, I never understood what he said probably because I didn't know why.

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