Search found 4022 matches

by stemikger
Fri Feb 17, 2017 1:09 am
Forum: Investing - Help with Personal Investments
Topic: Stock Market Fears
Replies: 54
Views: 5001

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: 10
Views: 913

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: 3005

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: 9785

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: 310

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: 1732

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: 236
Views: 7683

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: 42
Views: 4085

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: 61841

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: 6751

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: 61841

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: 17391

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: 2471

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: 6665

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: 6665

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: 8045

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: 3925

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: 2040

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: 3193

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: 1006

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: 7936

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: 3329

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: 3968

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: 3222

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: 83870

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: 3285

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: 3376

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...
by stemikger
Sat Jan 28, 2017 5:44 am
Forum: Investing - Theory, News & General
Topic: Scott Burns is Signing Off -- He'll be missed
Replies: 25
Views: 6317

Re: Scott Burns is Signing Off -- He'll be missed

Good Luck Mr. Burns. Thank you for introducing me to the Couch Potato portfolio. It is as simple as they get, but I did find an even simpler portfolio which I also know has your blessing and close enough to the 50/50 Couch Potato. The Vanguard Balanced Index Fund. Now, I don't even have to get off t...
by stemikger
Sat Jan 28, 2017 5:38 am
Forum: Personal Finance (Not Investing)
Topic: Criteria for admittance to the 2-comma club
Replies: 79
Views: 5659

Re: Criteria for admittance to the 2-comma club

Since I have a paid off home, I like to count my home. The definition of net worth is what you own vs. what you owe.

Happy Days!!! Congratulations!!
by stemikger
Wed Jan 25, 2017 5:47 pm
Forum: Investing - Theory, News & General
Topic: Dow hits 20,000. What next? Share your strategy
Replies: 107
Views: 9006

Re: Dow hits 20,000. What next? Share your strategy

JoinToday wrote:My plan going forward is the same as I had in the past: 60% equity, 40% bonds. Stay the course, no change.


+1

Same here.
by stemikger
Wed Jan 25, 2017 11:21 am
Forum: Local Chapters and Bogleheads Community
Topic: HAPPY 93RD BIRTHDAY, TAYLOR!
Replies: 199
Views: 7276

Re: HAPPY 93RD BIRTHDAY, TAYLOR!

Bogleheads: The telephone rang. I picked up the phone and someone started singing Happy Birthda y in a beautiful mellow voice that I recognized. It was my hero, Jack Bogle! Thank you, Jack! Thank you, Mel! Thank you, Bogleheads! Best wishes. Taylor That is awesome!!! You are also a hero to many her...
by stemikger
Wed Jan 25, 2017 11:20 am
Forum: Local Chapters and Bogleheads Community
Topic: HAPPY 93RD BIRTHDAY, TAYLOR!
Replies: 199
Views: 7276

Re: HAPPY 93RD BIRTHDAY, TAYLOR!

Happy Birthday Taylor!!! You are a blessing to all of us. Thank you for your wisdom and knowledge. You have helped me tremendously!! I hope to call you my friend many more years.
by stemikger
Wed Jan 25, 2017 12:44 am
Forum: Investing - Theory, News & General
Topic: Why is Slicing/Dicing not Working?
Replies: 37
Views: 3742

Re: Why is Slicing/Dicing not Working?

Why is Slicing/Dicing not Working? AndroAsc: Rick Ferri, CFA, a former financial advisor and author of six financial books, answers your question: "Don’t assume that a complex strategy is better than a simple strategy. The only thing extra complexity is likely to add is extra cost. " Best...
by stemikger
Wed Jan 25, 2017 12:42 am
Forum: Investing - Theory, News & General
Topic: Why is Slicing/Dicing not Working?
Replies: 37
Views: 3742

Re: Why is Slicing/Dicing not Working?

This is what John Bogle says about it in The Little Book of Common Sense Investing: Impressed both by the long-term performance (and recent performance) of value stocks and small-cap stocks, some investors hold the all-market (or S&P 500) index fund as the core, and a value index fund and a smal...
by stemikger
Tue Jan 24, 2017 7:31 am
Forum: Personal Consumer Issues
Topic: Best Places to Live in US?
Replies: 123
Views: 11191

Re: Best Places to Live in US?

Our family of 4 is looking for the best places to live and get ahead in the US. Right now we live in California and company is being bought out so we are gonna be free to roam. We are looking for places to possibly relocate that have a decent economy. Would love to hear suggestions. Have about $300...
by stemikger
Mon Jan 23, 2017 3:29 pm
Forum: Investing - Theory, News & General
Topic: Tom Sossnof's derivative trades
Replies: 35
Views: 1954

Re: Tom Sossnof's derivative trades

I have watched Tasty Trades numerous times and it seems so complicated. The personalities including Sosnoff and Liz and Jenny are fun to watch even though it is all gibberish to me. I can't imagine anyone can do this on a part time basis. It seems like it would become a full time job, I'm sure they ...
by stemikger
Mon Jan 23, 2017 8:47 am
Forum: Personal Finance (Not Investing)
Topic: Charles Ellis has no bonds in his portfolio
Replies: 14
Views: 1831

Re: Charles Ellis has no bonds in his portfolio

Charles Ellis is a multi-millionaire, if the stock market drops 50%, he is still a multi-millionaire. He is in a far different financial position than most of us. Sort of like the "90% S&P 500 because Warren Buffett says so" threads. We have to invest for our own objectives taking int...
by stemikger
Sun Jan 22, 2017 7:28 am
Forum: Investing - Help with Personal Investments
Topic: Vanguard TR or balanced index fund???
Replies: 28
Views: 1994

Re: Vanguard TR or balanced index fund???

I vote for the Balanced Index and keep it there for life. John Bogle has said that he prefers the fixed allocation over the glide path. He also does not feel international is necessary and is also putting the money he is saving for his Grandchildren in the Balanced Index Fund. I am 52 and hold two f...
by stemikger
Fri Jan 20, 2017 3:47 pm
Forum: Investing - Help with Personal Investments
Topic: Asset Allocation at age 33
Replies: 26
Views: 2323

Re: Asset Allocation at age 33

letsgobobby wrote:
stemikger wrote:
I wish I did this when I started out at your age.

That's easy to say when you can look back 20 or 30 years and see that stocks ended higher.

You might feel differently if you were a 60 year old Japanese man.


This is true!
by stemikger
Thu Jan 19, 2017 10:59 am
Forum: Investing - Help with Personal Investments
Topic: Asset Allocation at age 33
Replies: 26
Views: 2323

Re: Asset Allocation at age 33

knpstr wrote:You're good to go.
:beer

100% VTSAX here (age 32)


+1

As long as you know your risk tolerance (and it sounds like you do). This sounds like a good plan.

I wish I did this when I started out at your age.
by stemikger
Wed Jan 18, 2017 11:40 pm
Forum: Investing - Theory, News & General
Topic: Target Date Fund - Retirement Years
Replies: 29
Views: 2682

Re: Target Date Fund - Retirement Years

Target Date Funds were designed to be a one fund solution while accumulating assets and when in retirement. No need to switch. Vanguard Target Retirement Funds are the best I've seen. Mr. Bogle has said he thinks they don't take into consideration for people who also get social security. He looks at...
by stemikger
Tue Jan 17, 2017 10:45 am
Forum: Investing - Help with Personal Investments
Topic: My co-worker boasting about his investments. What do you think about his selections?
Replies: 57
Views: 4753

Re: My co-worker boasting about his investments. What do you think about his selections?

I hope Mr. Bogle doesn't see this. lol.

I did get a kick out of his descriptions. This is the opposite of simplicity and IMHO a big waste of time.

At least he admitted he didn't know what a preferred stock was. Which kind of surprised me because the rest of it seemed like a bit of a know-it-all.
by stemikger
Sat Jan 14, 2017 7:27 am
Forum: Investing - Theory, News & General
Topic: What is the Bogleheads position on Long-term successful daytraders?
Replies: 104
Views: 8694

Re: What is the Bogleheads position on Long-term successful daytraders?

...or other short-term traders looking to get in and out for quick profits? Is it that all of them individually will eventually return to the median, or lower? Or that it's simply a zero-sum game for them in total, and that some can indeed be long-term winners? I have no interest in short-term trad...
by stemikger
Sat Jan 14, 2017 12:44 am
Forum: Investing - Theory, News & General
Topic: Do Bogleheads Budget?
Replies: 113
Views: 14412

Re: Do Bogleheads Budget?

I learned from the book The Automatic Millionaire that budgets are not necessary. I follow what David Bach suggests in that book and it has worked very well. I guess it is a form of budgeting, but I never wrote down a written budget, that would drive me nuts. If I have all my savings and other oblig...
by stemikger
Fri Jan 13, 2017 6:01 am
Forum: Investing - Help with Personal Investments
Topic: 100% Stock or Bust?
Replies: 17
Views: 1901

Re: 100% Stock or Bust?

Welcome to the forum. At your age, 100% equities is not a bad choice. However, as you get older, I would want to hold bonds to cushion the blow of nasty markets you are bound to see in your lifetime. Not sure how much your have in your portfolio, but after a couple of decades that will be a lot of m...
by stemikger
Fri Jan 13, 2017 4:52 am
Forum: Investing - Theory, News & General
Topic: Bogle says 50-50 short/intermediate bonds
Replies: 45
Views: 5797

Re: Bogle says 50-50 short/intermediate bonds

I just stick with the Total Bond Market Index and hope for the best. So far it has done what it is supposed to do for me. Also, Vanguard still has faith in this fund because it is used in all their Target Date Funds, Lifestyle Funds and the Balanced Index mimics it. John Bogle has often said the ave...
by stemikger
Wed Jan 11, 2017 6:37 pm
Forum: Investing - Theory, News & General
Topic: I'm just going to leave this here... [Should you rebalance your portfolio?]
Replies: 36
Views: 2404

Re: I'm just going to leave this here...

boglephreak wrote:i dont see what you think is controversial about that.


+1 lol. I know.

I was getting ready to read something real controversial. This is old news and you are still a boglehead if you don't rebalance often.
by stemikger
Wed Jan 11, 2017 6:36 pm
Forum: Investing - Theory, News & General
Topic: I'm just going to leave this here... [Should you rebalance your portfolio?]
Replies: 36
Views: 2404

Re: I'm just going to leave this here...

Why would Bogleheads head's explode? John Bogle is not a fan of rebalancing either. If anything, he advises no more than once a year and he doesn't rebalance his own money.

Go to advanced search