Search found 3987 matches

by stemikger
Mon Jan 23, 2017 3:29 pm
Forum: Investing - Theory, News & General
Topic: Tom Sossnof's derivative trades
Replies: 27
Views: 1178

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: 1553

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: 1885

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: 2226

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: 2226

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: 2587

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: 4520

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: 8418

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: 14207

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: 1829

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: 5499

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: 2282

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: 2282

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.
by stemikger
Wed Jan 11, 2017 2:00 am
Forum: Investing - Theory, News & General
Topic: Burton Malkiel says "Don't Buy Bonds"
Replies: 48
Views: 8750

Re: Burton Malkiel says "Don't Buy Bonds"

Burton Malkiel is very well respected and is good friends with Jack Bogle. Having said that when it comes to asset allocation I'll stay the course and listen to Jack. At 52 65/35 stocks/bonds helps me sleep at night. Can't imagine I'll sleep with a stock heavy portfolio the older I get.
by stemikger
Tue Jan 10, 2017 7:00 pm
Forum: Investing - Help with Personal Investments
Topic: Rebalance into cash
Replies: 44
Views: 3060

Re: Rebalance into cash

Just wondering since interest rates are rising and the market is over valued based on historical norms should i re balance into cash and take a wait and see approach? I know i know market timing people on here hate that ha This should answer your question. https://www.youtube.com/watch?v=k6ra5POdsYg
by stemikger
Mon Jan 09, 2017 8:35 am
Forum: Personal Consumer Issues
Topic: What should be our third exercise machine?
Replies: 42
Views: 2241

Re: What should be our third exercise machine?

Sorry Duplicate Post
by stemikger
Mon Jan 09, 2017 8:34 am
Forum: Personal Consumer Issues
Topic: What should be our third exercise machine?
Replies: 42
Views: 2241

Re: What should be our third exercise machine?

It seems like you have the cardio covered. I would add something that will keep your muscles strong. I personally own and use the equipment I posted below. When I get bored with one, I go to the other. I have been using them for years and they really help keep me tone and strong. I'm 52 and don't me...
by stemikger
Fri Jan 06, 2017 11:38 pm
Forum: Investing - Help with Personal Investments
Topic: Anybody else Age - 10 in bonds, rest in stocks
Replies: 58
Views: 3879

Re: Anybody else Age - 10 in bonds, rest in stocks

Age 52 (Age -15)
65/35 (stocks/bonds)
Two Fund portfolio all U.S.

Plan to stick with this AA until retirement and transfer entire amount to the Vanguard Balanced Index Fund which is 60/40 and possibly stay there for life.

Also have a paid off house
by stemikger
Thu Jan 05, 2017 10:22 am
Forum: Investing - Help with Personal Investments
Topic: 500K milestone celebration
Replies: 74
Views: 7034

Re: 500K milestone celebration

ReadyToRetire wrote:That is a HUGE deal! Don't let anyone tell you different. Congratulations!!!!!!!!!!!!!!!!!!!!!


+1

It certainly is! Congratulations on quite an accomplishment!!!

:sharebeer
by stemikger
Tue Jan 03, 2017 8:44 am
Forum: Investing - Help with Personal Investments
Topic: Any Buffett fans here?
Replies: 35
Views: 3249

Re: Any Buffett fans here?

I'm a HUGE Warren Buffet fan and I'm a HUGE John Bogle fan. I even have (what I think is a bit of a strange hobby) where I collect their autographs when I can find them for a reasonable price on ebay. I have several books signed by John Bogle and I paid up for Warren's signature which does not come...
by stemikger
Tue Jan 03, 2017 8:44 am
Forum: Investing - Help with Personal Investments
Topic: Any Buffett fans here?
Replies: 35
Views: 3249

Re: Any Buffett fans here?

Here is my confusion sometimes: Buffett has invested in an Israeli company and also Chinese Companies...... Help! Hi Tony, As a value investor, if Warren finds a company that fits his criteria, he does not care where it is. When talking to the average investor, he thinks America as a whole is the p...
by stemikger
Mon Jan 02, 2017 10:03 am
Forum: Investing - Help with Personal Investments
Topic: Any Buffett fans here?
Replies: 35
Views: 3249

Re: Any Buffett fans here?

I am sure there are fans of Warren Buffett here. But what is your point? It is exactly the same as being a fan as Jimmy Buffett. Entertaining to watch but it is not like we can all be him. My thought is Warren, not Jimmy. With the USD down? Does International look cheap? Like I said above, I am a h...
by stemikger
Mon Jan 02, 2017 9:55 am
Forum: Investing - Help with Personal Investments
Topic: Dilemma: bonds, cash or 100% stocks for now in present climate?
Replies: 55
Views: 4954

Re: Dilemma: bonds, cash or 100% stocks for now in present climate?

Don't try to read the future. Pick a plan and stick with it. Is 100% stocks your plan? Maybe, if you can handle the volatility. Is a balanced fund approach a good plan, can be, it may help you stay the course. IMHO I think the best and probably the hardest thing an investor must do is the stick to t...
by stemikger
Sun Jan 01, 2017 1:54 pm
Forum: Investing - Theory, News & General
Topic: ‘Rich Dad’ author says the 2016 market collapse is coming
Replies: 53
Views: 9354

Re: ‘Rich Dad’ author says the 2016 market collapse is coming

He is a con artist that has already been found out. All those properties he said he owned in his best selling book Rich Dad, Poor Dad don't even exist. He made his money from his books and his very, very slimy seminars.

Just another rich Snake Oil Salesman.
by stemikger
Sun Jan 01, 2017 1:42 pm
Forum: Personal Finance (Not Investing)
Topic: Is it possible to graduate from college in 3 years?
Replies: 101
Views: 4562

Re: Is it possible to graduate from college in 3 years?

For a student with enough AP credits, is it possible to graduate in ~3 years (with a bachelors)? I know the technical answer is yes, but do people actually do it? Examples would be great. Thank you My daughter did this recently and here is her advice: Try to stick to one major instead of switching....
by stemikger
Sat Dec 31, 2016 11:30 am
Forum: Investing - Help with Personal Investments
Topic: Any Buffett fans here?
Replies: 35
Views: 3249

Re: Any Buffett fans here?

I'm a HUGE Warren Buffet fan and I'm a HUGE John Bogle fan. I even have (what I think is a bit of a strange hobby) where I collect their autographs when I can find them for a reasonable price on ebay. I have several books signed by John Bogle and I paid up for Warren's signature which does not come ...
by stemikger
Sat Dec 31, 2016 2:34 am
Forum: Investing - Theory, News & General
Topic: Bogle worried about currency risk in Int'l Stocks
Replies: 34
Views: 2671

Re: Bogle worried about currency risk in Int'l Stocks

abuss368 wrote:Jack Bogle has often recommended a simple balanced fund or the Two Fund Portfolio which is Total Stock and Total Bond.

We should start a thread to see who follows that approach.


+1

That's me!
by stemikger
Fri Dec 30, 2016 8:17 pm
Forum: Investing - Theory, News & General
Topic: Bogle worried about currency risk in Int'l Stocks
Replies: 34
Views: 2671

Re: Bogle worried about currency risk in Int'l Stocks

John Bogle has a nasty habit of being right most of the time. I'll stick with Jack on this one and don't sweat it.
by stemikger
Fri Dec 30, 2016 7:11 am
Forum: Personal Finance (Not Investing)
Topic: Are there any benefits to achieving "great wealth"?
Replies: 106
Views: 8017

Re: Are there any benefits to achieving "great wealth"?

I didn't read the other replies yet but as far as I'm concerned the only real reason to achieve great wealth is freedom. Also, at the end of your time here, you can do some good in the world by giving it to charities that you believe in. I don't believe in giving too much to your heirs, but I will g...
by stemikger
Thu Dec 29, 2016 11:14 am
Forum: Investing - Theory, News & General
Topic: How many of you invest 100% at Vanguard?
Replies: 118
Views: 7285

Re: How many of you invest 100% at Vanguard?

I'm almost there, but due to no vanguard bond fund in my 401K, I have to use Blackrock U.S. Debt Index Fund. Other than that fund, I am all in Vanguard. Upon retirement, I will not only be all in Vanguard but mostly likely have a one fund portfolio with the Balanced Index Fund.
by stemikger
Tue Dec 27, 2016 8:15 am
Forum: Investing - Theory, News & General
Topic: Bogleheads and stocks picking
Replies: 26
Views: 2007

Re: Bogleheads and stocks picking

Is it a good idea to do stocks picking with a small part of your portfolio? I was lucky I guess, with companies that I have used personally for many years like google, amzn,MCD, CAT ,MSFT,IBM and others. My strategy was and still is stupidly simply, If I like the companies products I would buy it. ...
by stemikger
Mon Dec 26, 2016 1:44 pm
Forum: Investing - Theory, News & General
Topic: David Swensen says "never have anything weighted more than 30%"
Replies: 42
Views: 4288

Re: David Swensen says "never have anything weighted more than 30%"

I wouldn't get hung up on this. I would either use John Bogle's two fund portfolio or Taylor Larimore's three fund portfolio and call it a day.
by stemikger
Fri Dec 23, 2016 12:52 am
Forum: Investing - Help with Personal Investments
Topic: International Index Funds
Replies: 29
Views: 2837

Re: International Index Funds

All this anti-international stock sentiment is just performance chasing and recency bias. We see it every time asset classes under perform in the last year or two. Even Bogleheads tend to add asset classes when they're hot and move away from them when they're not, seemingly for good reasons. I've h...
by stemikger
Fri Dec 23, 2016 12:47 am
Forum: Investing - Help with Personal Investments
Topic: International Index Funds
Replies: 29
Views: 2837

Re: International Index Funds

I've read Elements of Investing, which recommends 50% asset allocation to international index for diversification. But, with markets moving almost in lock step and international index lagging behind US is it really diversification? It seems to me they correlate quite closely, just with lower return...
by stemikger
Thu Dec 22, 2016 5:29 pm
Forum: Investing - Help with Personal Investments
Topic: International Index Funds
Replies: 29
Views: 2837

Re: International Index Funds

I've read Elements of Investing, which recommends 50% asset allocation to international index for diversification. But, with markets moving almost in lock step and international index lagging behind US is it really diversification? It seems to me they correlate quite closely, just with lower return...
by stemikger
Thu Dec 22, 2016 2:07 am
Forum: Personal Consumer Issues
Topic: Which car paint option Maaco
Replies: 40
Views: 3294

Re: Which car paint option Maaco

I went to Macco last year and whatever specials they advertised, this Macco honored none of them. I'm assuming they are independently owned? Not only did they not honor the nation wide advertised price but they were the most expensive and said they would need to keep my car for 8 days. Wow. I ran ou...
by stemikger
Thu Dec 22, 2016 12:50 am
Forum: Investing - Theory, News & General
Topic: Bogle's Books
Replies: 10
Views: 981

Re: Bogle's Books

His Little Book of Investing is a good one. Short and sweet but really lays down the basics. His older ones are much longer and more detailed. I agree! I would also go on You Tube and search John Bogle and you will get many videos of Jack discussing his ideas. I find the videos help me stay the cou...
by stemikger
Wed Dec 21, 2016 5:33 pm
Forum: Investing - Theory, News & General
Topic: "Overcoming a Late Start to Saving for Retirement"
Replies: 2
Views: 652

Re: "Overcoming a Late Start to Saving for Retirement"

Thank you Taylor! Happy Holidays to you!!
by stemikger
Wed Dec 21, 2016 3:01 pm
Forum: Investing - Theory, News & General
Topic: frustrating to keep investing in international/EM
Replies: 179
Views: 17488

Re: frustrating to keep investing in international/EM

I'll start you off with this article. http://www.bloomberg.com/news/2014-12-08/jack-bogle-i-wouldn-t-risk-investing-outside-the-u-s-.html Good Luck. Interesting. In that article, the question/answer posed about international/US and current US valuations is this: "OK, but U.S. stocks have more ...
by stemikger
Wed Dec 21, 2016 9:29 am
Forum: Investing - Theory, News & General
Topic: Swedroe: "OK to sin...but sin only a little"
Replies: 51
Views: 6506

Re: Swedroe: "OK to sin...but sin only a little"

James, basically have the idea but need to consider the total costs of implementation, which show up in the alpha--so expense ratio and trading costs would reduce the alpha, securities lending would increase it. Also have to make an assumption about future returns, as likely they are all lower. We ...
by stemikger
Wed Dec 21, 2016 7:36 am
Forum: Personal Consumer Issues
Topic: The True Cost of Owning a Dog
Replies: 175
Views: 12935

Re: The True Cost of Owning a Dog

Louis CK once said something like "when you get a dog you're basically planning on being sad in about 10 years". Tell me about it. Like I said in a previous post my 14 year old dog passed two weeks ago and man am I taking it hard. I lost my Dad when I was a kid and many other people in my...
by stemikger
Wed Dec 21, 2016 7:01 am
Forum: Investing - Theory, News & General
Topic: Swedroe: "OK to sin...but sin only a little"
Replies: 51
Views: 6506

Re: Swedroe: "OK to sin...but sin only a little"

Very interesting ideas. I personally find some of this too complicated to follow. Here is a question to Larry or anyone else who would like to answer. Do some of you cringe listening to John Bogle talk about his ideas? They seem like kindergarten compared to some of the theories discussed here. For ...
by stemikger
Wed Dec 21, 2016 4:31 am
Forum: Personal Consumer Issues
Topic: The True Cost of Owning a Dog
Replies: 175
Views: 12935

Re: The True Cost of Owning a Dog

I just said goodbye to my 14 year old best friend two weeks ago. He was a Shih Tzu and the most amazing dog I ever had. In the early years, as long as the dog has no major health issues, I didn't find it to be that expensive (i.e. vet care, shots, etc.). Grooming tended to be a little expensive, but...
by stemikger
Mon Dec 19, 2016 10:11 am
Forum: Investing - Theory, News & General
Topic: T. Rowe Price: "How to Construct a Stock and Bond portfolio"
Replies: 15
Views: 1911

Re: T. Rowe Price: "How to Construct a Stock and Bond portfolio"

I wouldn't create this portfolio. I'll stick with the Total Stock Index and the Total Bond Index all U.S. In the end the difference will not be worth it. Slicing and Dicing may do better some years and may do worse. I rather focus on simplicity. I look at bonds for safety and this kind of moves away...

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