Search found 4045 matches

by stemikger
Mon Feb 27, 2017 11:15 am
Forum: Investing - Theory, News & General
Topic: Buffett interview Monday 2/27
Replies: 21
Views: 1563

Re: Buffett interview Monday 2/27

jacoavlu wrote:is there anywhere to watch the full interview online?


I'm streaming it on my roku on the CNBC channel which is free. However, it's in short clips. It will probably appear on Youtube tomorrow or sometime this week.
by stemikger
Mon Feb 27, 2017 11:14 am
Forum: Investing - Theory, News & General
Topic: Buffett interview Monday 2/27
Replies: 21
Views: 1563

Re: Buffett interview Monday 2/27

Buffett had a prescient comment on interest rates, that it's like gravity to the stock market. Meaning with low-interest rates the market will rise. When there was high interest rates, it pulled on the market. I also saw this. What confused me is, last year he said it's not if interest rates rise, ...
by stemikger
Sun Feb 26, 2017 8:10 pm
Forum: Investing - Theory, News & General
Topic: Buffett interview Monday 2/27
Replies: 21
Views: 1563

Re: Buffett interview Monday 2/27

Thanks for the Info.

I just submitted a question via Facebook. There are numerous questions about his index fund recommendations. I asked why he doesn't think it is a good idea to hold a portion in bonds to protect yourself from bad markets and behavioral mistakes.
by stemikger
Sun Feb 26, 2017 11:15 am
Forum: Investing - Theory, News & General
Topic: Why has Vanguard increased International Stock and International Bond in Balanced Funds and Portfolio Recommendations?
Replies: 30
Views: 2984

Re: Why has Vanguard increased International Stock and International Bond in Balanced Funds and Portfolio Recommendation

Not sure I understand your post but Balanced Index does not hold international stocks or bonds. Please correct me if I'm wrong. This index fund offers investors an easy, low-cost way to gain exposure to stocks and bonds. The fund invests roughly 60% in stocks and 40% in bonds by tracking two indexes...
by stemikger
Sun Feb 26, 2017 10:10 am
Forum: Investing - Theory, News & General
Topic: Technical Analysis
Replies: 34
Views: 1291

Re: Technical Analysis

I've seen segments discussing technical analysis on CNBC news shows like Fast Money, but don't quite get their concepts or terminology. Does anyone know how reliable it is as an indicator to buy or sell? There seems to be a cottage industry about professional technical analysts that break down pric...
by stemikger
Sat Feb 25, 2017 3:02 pm
Forum: Investing - Theory, News & General
Topic: Buffett Annual Letter 2016 [Jack Bogle is a hero]
Replies: 62
Views: 4090

Re: Buffett Annual Letter 2016 [Jack Bogle is a hero]

Well deserved!! Jack and Warren are both my heroes!!
by stemikger
Sat Feb 25, 2017 2:41 pm
Forum: Personal Finance (Not Investing)
Topic: The Oracle Of Omaha-Invaluable Advice
Replies: 2
Views: 5129

Re: The Oracle Of Omaha-Invaluable Advice

Thanks Toons!! Always good to remember when we are at market highs and fear the inevitable is right around the corner.
by stemikger
Sat Feb 25, 2017 2:36 pm
Forum: Personal Finance (Not Investing)
Topic: Another milestone post
Replies: 29
Views: 1439

Re: Another milestone post

Awesome TL congratulations!! :sharebeer

Care to share your asset allocation?
by stemikger
Fri Feb 24, 2017 8:51 am
Forum: Investing - Help with Personal Investments
Topic: Thank You
Replies: 9
Views: 1158

Re: Thank You

Congratulations!! A great accomplishment and milestone to reach!! :beer
by stemikger
Thu Feb 23, 2017 7:42 pm
Forum: Investing - Theory, News & General
Topic: Does anyone own gold?
Replies: 56
Views: 3671

Re: Does anyone own gold?

No. John Bogle and Warren Buffett feel the same way about gold. Gold is not an investment at all.

See below:

https://www.youtube.com/watch?v=KlhT07G8zGs

https://www.youtube.com/watch?v=YuJBMVz5DLQ
by stemikger
Thu Feb 23, 2017 10:12 am
Forum: Personal Consumer Issues
Topic: Staying at Disneyworld
Replies: 30
Views: 3003

Re: Staying at Disneyworld

I grew up going to DisneyWorld and stayed on property . Today prices are ridiculous for on property especially if you want small a kitchen and more than 1 bedroom. Anyone have ideas how to bogle this? I do agree, Disney is pricey however, if you grew up staying on property, my guess is you will be ...
by stemikger
Thu Feb 23, 2017 12:39 am
Forum: Investing - Theory, News & General
Topic: Does anyone own gold?
Replies: 56
Views: 3671

Re: Does anyone own gold?

No I don't. When I was a kid I saw a Twilight Zone Episode where two men traveled with bags of stolen gold and put themselves to sleep for 200 years. They thought when they woke up the gold would be worth so much that they will be the richest men on earth. When they woke up, they found out the futur...
by stemikger
Wed Feb 22, 2017 11:34 pm
Forum: Personal Consumer Issues
Topic: Does anyone else have (possibly too much) fun dealing with finances?
Replies: 69
Views: 4563

Re: Does anyone else have (possibly too much) fun dealing with finances?

Well you've come to the right place. Nothing wrong with enjoying it as a hobby. It is a lot cheaper than most and it benefits you in the end. I am like that in a different way. Since my ultimate plan is to simply hold one fund (the Vanguard Balanced Index Fund), there is not much I have to do on the...
by stemikger
Wed Feb 22, 2017 4:27 pm
Forum: Investing - Theory, News & General
Topic: Bogleheads work BECAUSE its hard
Replies: 22
Views: 2471

Re: Bogleheads work BECAUSE its hard

So many posts either terrified of valuation or asking permission to ramp up equity exposure. Folks, being a boglehead is simple, but its REALLY REALLY hard. It is BECAUSE tuning out the noise and doing nothing is so hard that it is so effective. Stay the course. +1 It's simple but it's not easy.
by stemikger
Wed Feb 22, 2017 2:14 am
Forum: Investing - Help with Personal Investments
Topic: Is 60/40 too conservative for 31 year old?
Replies: 56
Views: 4564

Re: Is 60/40 too conservative for 31 year old?

The only wrong allocation is what that keeps you up at night. If 60/40 is the one that enables you to stay the course, it is the right one for you.

For the record, I'm 52 and I'm currently 60/40, it enables me to sleep at night and ignore the noise.

Good Luck
by stemikger
Tue Feb 21, 2017 1:43 pm
Forum: Investing - Theory, News & General
Topic: Warren Buffett v. Bogleheads
Replies: 40
Views: 4216

Re: Warren Buffett v. Bogleheads

As far as I see it, they are almost giving the identical advice when it comes to us mere mortals. The only difference is John Bogle loves to hold bonds for ballast and Warren does not like bonds. As far as what Warren has done to become one of the richest men in the world cannot be done by the littl...
by stemikger
Tue Feb 21, 2017 9:14 am
Forum: Investing - Theory, News & General
Topic: Warren Buffett on Efficient Market Theory
Replies: 3
Views: 811

Re: Warren Buffett on Efficient Market Theory

I believe that the market is mostly efficient, but the real question is: How many people can do what Warren Buffett and the super investors can do. Very little and Warren has also been acknowledging this. It's no secret Warren has been saying that most investors should just put their money in a low ...
by stemikger
Mon Feb 20, 2017 9:57 am
Forum: Investing - Help with Personal Investments
Topic: 20% bonds: why bother at 48?
Replies: 131
Views: 6360

Re: 20% bonds: why bother at 48?

Duplicate
by stemikger
Mon Feb 20, 2017 9:30 am
Forum: Investing - Help with Personal Investments
Topic: 20% bonds: why bother at 48?
Replies: 131
Views: 6360

Re: 20% bonds: why bother at 48?

Unfortunately, there are no right or wrong answers here, but at your age, I rather be 70/30 or even 60/40. I agree that a lot of it boils down to personal risk tolerance. Even at 47, I'm not sure I could sleep with a 60/40 portfolio. And I'd very unhappy with a 70/30 portfolio. 88/12 feels right. S...
by stemikger
Mon Feb 20, 2017 9:27 am
Forum: Investing - Help with Personal Investments
Topic: 20% bonds: why bother at 48?
Replies: 131
Views: 6360

Re: 20% bonds: why bother at 48?

Unfortunately, there are no right or wrong answers here, but at your age, I rather be 70/30 or even 60/40. I agree that a lot of it boils down to personal risk tolerance. Even at 47, I'm not sure I could sleep with a 60/40 portfolio. And I'd very unhappy with a 70/30 portfolio. 88/12 feels right. S...
by stemikger
Mon Feb 20, 2017 8:57 am
Forum: Investing - Help with Personal Investments
Topic: 20% bonds: why bother at 48?
Replies: 131
Views: 6360

Re: 20% bonds: why bother at 48?

Unfortunately, there are no right or wrong answers here, but at your age, I rather be 70/30 or even 60/40. As Mr. Bogle says, balance has been drilled into him and he likes to have a little anchor to windward. We are average folks, we are not being measured by others, why not stick to the conservati...
by stemikger
Mon Feb 20, 2017 8:54 am
Forum: Investing - Help with Personal Investments
Topic: 20% bonds: why bother at 48?
Replies: 131
Views: 6360

Re: 20% bonds: why bother at 48?

Duplicate Post
by stemikger
Mon Feb 20, 2017 8:27 am
Forum: Personal Finance (Not Investing)
Topic: Advice for my Age - 28
Replies: 21
Views: 2030

Re: Advice for my Age - 28

You are in a great position at your age. If you continue to save 20+ percent of your income, you will be Financially Independent 20 or 25 years. That opens up a whole world of options for you. Paying off your home is a good use of additional cash. +1 This is the exact advice I was going to give you...
by stemikger
Fri Feb 17, 2017 1:09 am
Forum: Investing - Help with Personal Investments
Topic: Stock Market Fears
Replies: 55
Views: 5699

Re: Stock Market Fears

50/50? Don't budge. You are set. :happy +1 You already have a conservative asset allocation. Stay the Course!! Market timing does not work and that is what it sounds like you are proposing. If you really can't sleep at night, you may need to reevaluate your asset allocation, but keeping up with inf...
by stemikger
Fri Feb 17, 2017 12:57 am
Forum: Investing - Help with Personal Investments
Topic: 70/30
Replies: 14
Views: 1694

Re: 70/30

We are getting a lot of questions recently about bonds now that rates have started to inch up. The answer is yes the value will go down but the interest rate will go up so they will eventually (based on duration) recover and after that you'll receive a higher yield. A really bad period in the stock...
by stemikger
Thu Feb 16, 2017 4:07 pm
Forum: Investing - Help with Personal Investments
Topic: Is 30% stock enough to keep up with (or beat) inflation?
Replies: 39
Views: 3096

Re: Is 30% stock enough to keep up with (or beat) inflation?

John Bogle thinks one should consider social security or other pensions. If that is the case, I don't think there is anything wrong with 60/40 for life and possibly put some in an annuity,
by stemikger
Wed Feb 15, 2017 1:16 am
Forum: Personal Finance (Not Investing)
Topic: Bogleheads not the norm?
Replies: 116
Views: 10125

Re: Bogleheads not the norm?

To the OP. Don't get discouraged when you see someone in their 20s talking about their $1 million dollar portfolio. Or the 50 year old guy with 10 million. I didn't even start saving for retirement until 32 years old. Bogleheads come in all different income brackets and came to the game at all diffe...
by stemikger
Mon Feb 13, 2017 9:53 am
Forum: Investing - Help with Personal Investments
Topic: IPS - Asset Allocation Band
Replies: 7
Views: 316

Re: IPS - Asset Allocation Band

I personally wouldn't do it if it is less than 5%. John Bogle himself does not rebalance and he thinks once a year is the most you should do it, but he himself does not bother. His rule is to pick your AA, don't peek and of course, stay the course.
by stemikger
Fri Feb 10, 2017 7:14 am
Forum: Investing - Help with Personal Investments
Topic: New Goldman Sachs ETFs
Replies: 12
Views: 1737

Re: New Goldman Sachs ETFs

kenner wrote:I'll take Larry Swedroe's and Burton Malkiel's opinions every time on this matter.


And don't forget Jack's advice below:

https://www.youtube.com/watch?v=YG-Q3jQuhPY
by stemikger
Thu Feb 09, 2017 4:47 pm
Forum: Local Chapters and Bogleheads Community
Topic: Your USER NAME...what does it mean?
Replies: 257
Views: 9516

Re: Your USER NAME...what does it mean?

Mine is pretty boring. It's the first three letters of my first, middle and last name.

stemikger
by stemikger
Wed Feb 08, 2017 5:20 pm
Forum: Investing - Help with Personal Investments
Topic: Two-Fund Portfolio Role Call
Replies: 43
Views: 4448

Re: Two-Fund Portfolio Role Call

Two funder here. I use the Vanguard Institutional Index Fund (which is the Vanguard 500 Index for Institutions) and the Blackrock U.S. Debt Index Fund (which is the equivalent to Vanguard's Total Bond Market Index). I just changed my asset allocation from 65/35 to 60/40. I have a small IRA which is ...
by stemikger
Wed Feb 08, 2017 4:07 am
Forum: Investing - Theory, News & General
Topic: Do you think Ric Edelman is correct, never pay down mortgage
Replies: 407
Views: 62189

Re: Do you think Ric Edelman is correct, never pay down mortgage

during the radio show Ric Edelman said people should always get a 30-year mortgage and never pay down the mortgage. He did not say the reason, but said if you want to know get his book or attend his seminar. I guess he believes using the money for paying down mortgage to invest in stock market will...
by stemikger
Tue Feb 07, 2017 2:10 pm
Forum: Investing - Help with Personal Investments
Topic: Why Wouldn't You Want International Stocks?
Replies: 92
Views: 6867

Re: Why Wouldn't You Want International Stocks?

Why don't I want international? 1. Currency risk 2. Current US indexes have international exposure 3. US legal system, while flawed, is still the best in the world. I have no issues with those that disagree. +1 These are my reasons and 22 years of investing now, I have never held international. I j...
by stemikger
Tue Feb 07, 2017 12:50 pm
Forum: Investing - Theory, News & General
Topic: Do you think Ric Edelman is correct, never pay down mortgage
Replies: 407
Views: 62189

Re: Do you think Ric Edelman is correct, never pay down mortgage

during the radio show Ric Edelman said people should always get a 30-year mortgage and never pay down the mortgage. He did not say the reason, but said if you want to know get his book or attend his seminar. I guess he believes using the money for paying down mortgage to invest in stock market will...
by stemikger
Sun Feb 05, 2017 7:18 am
Forum: Investing - Theory, News & General
Topic: Why go with an 80% stock / 20% bond portfolio?
Replies: 328
Views: 17724

Re: Why go with an 80% stock / 20% bond portfolio?

In my humble opinion, if a 100% stock portfolio is too volatile for someone, for whatever reason, then they should probably consider making stocks no more than 70% of their portfolio. Is there something I'm missing here? No, you are on target and a very smart guy named Benjamin Graham agrees with y...
by stemikger
Sun Feb 05, 2017 7:06 am
Forum: Investing - Help with Personal Investments
Topic: What fund would you add in this record-high market?
Replies: 17
Views: 2495

Re: What fund would you add in this record-high market?

FYI:

Asking a Boglehead to not say "Stay the Course" is like asking a Catholic to deny Christ. :D
by stemikger
Fri Feb 03, 2017 5:45 am
Forum: Investing - Theory, News & General
Topic: Just watched Warren Buffett's new HBO Documentary
Replies: 50
Views: 6710

Re: Just watched Warren Buffett's new HBO Documentary

If this documentary is the one that a co-worker of mine was referring to in conversation today, my advice is that if your spouse is sick in bed with the flu and asks for a bucket, don't bring a colander. :) LOL. Yes, but when she explained to him it had holes, he went down for a second try and stil...
by stemikger
Thu Feb 02, 2017 1:56 am
Forum: Investing - Theory, News & General
Topic: Just watched Warren Buffett's new HBO Documentary
Replies: 50
Views: 6710

Re: Just watched Warren Buffett's new HBO Documentary

Incredible life story. My question is about his stock selection strategy. The name of the game for him was to buy stocks that were cheap. And ignore the noise. Why wouldn't this work today? I guess some people say it does, and they invest in only value stocks. If Buffett was an indexer, he would pr...
by stemikger
Thu Feb 02, 2017 1:44 am
Forum: Investing - Help with Personal Investments
Topic: How do you guys ignore this stuff?
Replies: 80
Views: 8090

Re: How do you guys ignore this stuff?

Financial Porn. Tune it all out. Listen to the sage advise of John Bogle in this video. Watch it everyday and ignore everything else. Also, don't peek at your portfolio. https://www.youtube.com/watch?v=k6ra5POdsYg&t=659s Someone once asked John Bogle how does he stay the course in horrible marke...
by stemikger
Wed Feb 01, 2017 4:16 am
Forum: Investing - Theory, News & General
Topic: Stock market optimism
Replies: 38
Views: 3944

Re: Stock market optimism

I've been feeling the same way which is why I slightly changed by AA. I'm 52 and was planning to make this change at 55, but due to feeling the markets are pretty overvalued, I did it now. I changed my 65/35 (stocks/bonds) to 60/40 (stocks/bonds). Will that make much of a difference? Probably not, b...
by stemikger
Wed Feb 01, 2017 4:08 am
Forum: Investing - Theory, News & General
Topic: STAR Fund
Replies: 11
Views: 2055

Re: STAR Fund

Even though they are low cost and Vanguard Funds, I rather be a lower cost 100% index investor. Which is why I would go with the Vanguard Balanced Index Fund instead.
by stemikger
Tue Jan 31, 2017 5:33 pm
Forum: Investing - Theory, News & General
Topic: Are you changing your AA based on current events?
Replies: 68
Views: 3224

Re: Are you changing your AA based on current events?

I just changed my AA from 65/35 stocks/bonds to 60/40 (I'm 52 years old). I was going to wait two years to do this, but after the DOW hit 20,000 I figured now was the time. No plans to change from now until retirement which hopefully is in 10 to 13 years.
by stemikger
Tue Jan 31, 2017 6:33 am
Forum: Investing - Help with Personal Investments
Topic: Bonds for the Permanent Portfolio
Replies: 5
Views: 1019

Re: Bonds for the Permanent Portfolio

boglerdude wrote:http://www.gyroscopicinvesting.com/forum/viewforum.php?f=3

You want the risk. Gold is your protection against problems with the dollar aka US gov.

If they issue 100 year bonds, even better.


Nothing to add, but thanks for the link.
by stemikger
Tue Jan 31, 2017 6:25 am
Forum: Personal Consumer Issues
Topic: Is joining a country club a character flaw?
Replies: 101
Views: 7988

Re: Is joining a country club a character flaw?

I am intrigued by the idea of joining our fancy local country club even though I don't play golf or tennis. I like the idea of having someplace really close that I can go and get dinner, go to the pool, hang out in sort of luxury, and bump into friends and socialize without having to pre-plan. I th...
by stemikger
Mon Jan 30, 2017 3:06 pm
Forum: Investing - Help with Personal Investments
Topic: What do you include in your asset allocation calculations?
Replies: 43
Views: 3348

Re: What do you include in your asset allocation calculations?

Toons wrote:Investments only.
:happy


+1

Me too. I just went back to 60/40 from 65/35. I only count investments. With a paid off mortgage, I don't need to shoot for the moon and take on more risks.
by stemikger
Mon Jan 30, 2017 1:24 pm
Forum: Investing - Theory, News & General
Topic: Stocks Down - My Fault
Replies: 26
Views: 3975

Re: Stocks Down - My Fault

GDBryan wrote:As of 11:30 this morning S&P 500 down 1%. It's my fault - I put in a sell order Friday for today.

Don't you just hate when that happens. :-(


Don't worry, we won't hold it against you. Just let us know before hand next time. :D
by stemikger
Sun Jan 29, 2017 8:31 am
Forum: Investing - Theory, News & General
Topic: Is rebalancing bunk?
Replies: 51
Views: 3241

Re: Is rebalancing bunk?

I didn't read the other replies yet, but I would like to add. John Bogle does not rebalance. Just a thought. I personally do it once a year with my very complicated two fund portfolio (Vanguard Institutional Index and Blackrock U.S. Debt Index). I also own a small IRA with the Vanguard Balanced Inde...
by stemikger
Sat Jan 28, 2017 2:05 pm
Forum: Investing - Theory, News & General
Topic: A time to EVALUATE your jitters
Replies: 193
Views: 84417

Re: A time to EVALUATE your jitters

Nisi because of the length of your post, I will not be able to read it now, but I know it will not disappoint.

Thank you for taking the time to educate all of us.

Steve
by stemikger
Sat Jan 28, 2017 2:02 pm
Forum: Personal Consumer Issues
Topic: Nissan? (Cars.)
Replies: 52
Views: 3315

Re: Nissan? (Cars.)

I bought a Nissan Versa brand new in 2009. In true Boglehead fashion, it is the cheapest car sold in America. I love it. I just reached 100K and it still drives like it's new. No issues with it other than normal wear and tear from New York driving. It's the first Nissan I owned and it certainly will...
by stemikger
Sat Jan 28, 2017 10:59 am
Forum: Personal Finance (Not Investing)
Topic: Possbile career moves without college degree
Replies: 39
Views: 3392

Re: Possbile career moves without college degree

I was in his shoes 27 years ago. My Father passed away at 50 and I did not want to work as a barber in the family business any longer because there were zero benefits in that field. At 24 I went to a trade school to learn Word Processing and never looked back. I cut my teeth at 3 firms before I ende...

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