Search found 3716 matches

by stemikger
Sat May 28, 2016 6:13 pm
Forum: Investing - Theory, News & General
Topic: Books on Options
Replies: 46
Views: 1622

Re: Books on Options

Not I! I'm a pure Boglehead 100% index funds. I choose simplicity. Listen to the sage advice from Warren Buffett. Complexity can work against you. Don't drive yourself crazy trying to decode the latest theories about investing, such as options pricing or betas. In most cases, you're better off not e...
by stemikger
Fri May 27, 2016 10:48 pm
Forum: Investing - Help with Personal Investments
Topic: Roll call Warren Buffet 90/10 portfolio
Replies: 42
Views: 3447

Re: With increasing age: Increase or decrease stocks?

Since I retired 8 months ago I am 50/50. I plan to slowly increase my allocation back into stocks over the next 3-4 years. Blueskies123: Why would you increase your allocation to stocks? Most retirees, and most target funds (including Vanguard) decrease their stock allocation as we grow older. Than...
by stemikger
Fri May 27, 2016 6:58 pm
Forum: Investing - Help with Personal Investments
Topic: Roll call Warren Buffet 90/10 portfolio
Replies: 42
Views: 3447

Re: With increasing age: Increase or decrease stocks?

Since I retired 8 months ago I am 50/50. I plan to slowly increase my allocation back into stocks over the next 3-4 years. Blueskies123: Why would you increase your allocation to stocks? Most retirees, and most target funds (including Vanguard) decrease their stock allocation as we grow older. Than...
by stemikger
Thu May 26, 2016 5:53 am
Forum: Investing - Help with Personal Investments
Topic: Roll call Warren Buffet 90/10 portfolio
Replies: 42
Views: 3447

Re: Role call Warren Buffet 90/10 portfolio

Why would you want that much in bonds? :mrgreen: For someone who is 51 soon to be 52, I think it is about right. The typical balanced fund is around 60/40. It also protects me from myself and gives me a little more stability in my account. Hear Jack tell it: https://www.youtube.com/watch?v=k6ra5POd...
by stemikger
Wed May 25, 2016 9:42 pm
Forum: Investing - Help with Personal Investments
Topic: Roll call Warren Buffet 90/10 portfolio
Replies: 42
Views: 3447

Re: Role call Warren Buffet 90/10 portfolio

I'm not, but I have do have a two fund portfolio which includes the Vanguard Institutional Index (S&P) and the Blackrock Total Bond Index. However, I'm a little too chicken to be 90/10 at 51, so I decided to go 65/35. If I was younger, I would probably have done it.
by stemikger
Thu May 12, 2016 2:25 pm
Forum: Investing - Theory, News & General
Topic: Carl Icahn Is Betting Big on a Stock Market Crash
Replies: 32
Views: 7105

Re: Carl Icahn Is Betting Big on a Stock Market Crash

I got 4,360,000 hits on "stock market crash 2016" Then I hit Ctrl F5 to reload the page and got 2,260,000 Where did the other 2 million hits go ? Then I do it again and they come back. Try it !!! https://www.google.com/#q=stock+market+crash+2016 I get a steady 3,870,000 results. Perhaps t...
by stemikger
Thu May 12, 2016 6:27 am
Forum: Investing - Theory, News & General
Topic: Carl Icahn Is Betting Big on a Stock Market Crash
Replies: 32
Views: 7105

Re: Carl Icahn Is Betting Big on a Stock Market Crash

tbradnc wrote:There are people who have enough money to guess and be wrong. I'm not one of them.


+1

If he is right, that is why a BH holds enough in bonds to give you some stability to your account and protect you from behavioral mistakes. Stay the Course!
by stemikger
Wed May 11, 2016 5:33 pm
Forum: Personal Finance (Not Investing)
Topic: Do all Boglesheads die at 100?
Replies: 51
Views: 5887

Re: Do all Boglesheads die at 100?

I was just looking at the Variable Percentage Withdrawal table and unless I'm missing something it seems to suggest that regardless of asset allocation, at 99 years of age you should withdraw 100% of your portfolio. I can see taking a much larger chunk out than normal, but 100%? Sadly, many men in ...
by stemikger
Wed May 11, 2016 2:16 am
Forum: Investing - Theory, News & General
Topic: Bonds - Throw it all on the table!!!
Replies: 147
Views: 20591

Re: Bonds - Throw it all on the table!!!

1) List the bond funds, individual bonds, CD's, etc. that you invest in The Blackrock U.S. Debt Index Fund - CHKTR The Vanguard Balanced Index Fund 2) In which account what fixed income securities are held 401K - Blackrock IRA - Balanced Index (No Taxable accounts) 3) Allocation as a percentage of ...
by stemikger
Wed May 11, 2016 2:04 am
Forum: Personal Finance (Not Investing)
Topic: Career Finance vs Social Work
Replies: 21
Views: 3177

Re: Career Finance vs Social Work

My daughter is at the end of her first year of her MSW. It really looks like she found her calling. She loved her first year internship and I can see how much she loves it and cares deeply about the less privileged in society. Having said that, if you want money, social work is not going to really b...
by stemikger
Wed May 11, 2016 12:19 am
Forum: Investing - Theory, News & General
Topic: Bonds - Throw it all on the table!!!
Replies: 147
Views: 20591

Re: Bonds - Throw it all on the table!!!

1) List the bond funds, individual bonds, CD's, etc. that you invest in The Blackrock U.S. Debt Index Fund - CHKTR The Vanguard Balanced Index Fund 2) In which account what fixed income securities are held 401K - Blackrock IRA - Balanced Index (No Taxable accounts) 3) Allocation as a percentage of F...
by stemikger
Mon May 09, 2016 1:24 pm
Forum: Investing - Theory, News & General
Topic: Don't stay the course
Replies: 118
Views: 16409

Re: Don't stay the course

I believe we are in uncharted territory and no one really knows how it is going to play out. As Jack has often said, we simply must take the returns the market is going to give us. Invest we must because if we don't that is a sure way of winding up with nothing. My plan is to save more while I'm wor...
by stemikger
Sun May 08, 2016 7:01 am
Forum: Local Chapters and Bogleheads Community
Topic: HAPPY BIRTHDAY, MR. BOGLE! May 8, 2016
Replies: 52
Views: 3192

Re: Happy Birthday Mr. Bogle! May 8, 2016

Happy Birthday Mr. Bogle ("Jack"). I hope you have a wonderful day and thank you for all you have done for the little guy and giving us all a fighting chance for a better future and helping us Stay the Course!! I know Jack once said Saint I ain't, but he has been a Godsend to all of us ave...
by stemikger
Sat May 07, 2016 6:41 pm
Forum: Investing - Theory, News & General
Topic: BUFFETT: This is the most important investment lesson in the world
Replies: 13
Views: 3171

Re: BUFFETT: This is the most important investment lesson in the world

Warren has been really vocal about this the last 5 years or so. He is almost giving the same advice Jack has been giving his entire life. He even recommends Jack's book in his annual newsletter. Where do they differ? Warren is telling everyone (no matter what their age) to hold enough in cash to fee...
by stemikger
Sat May 07, 2016 6:36 pm
Forum: Investing - Theory, News & General
Topic: BUFFETT: This is the most important investment lesson in the world
Replies: 13
Views: 3171

Re: BUFFETT: This is the most important investment lesson in the world

JMacDonald wrote:I wonder what the investors in that hedge fund think of that bet?


Warren didn't have much to lose if he lost the bet, but Protege Partners lost a lot. I'm sure their clients are second guessing their choice and future clients going forward.
by stemikger
Sat May 07, 2016 6:57 am
Forum: Investing - Theory, News & General
Topic: P/E ratio of the S&P 500
Replies: 23
Views: 2640

Re: P/E ratio of the S&P 500

Is there a certain point in which case we should consider selling some of our holdings or at least not purchasing more equities, perhaps if the PE ratio is >50? I suppose this would have prevented you from getting to the peak in 2008/2009. I'm a simple person who has been investing my $$$ in the ma...
by stemikger
Fri May 06, 2016 6:46 pm
Forum: Investing - Help with Personal Investments
Topic: How much bonds AA?
Replies: 6
Views: 653

Re: How much bonds AA?

You have been given great responses. I think you are better off going with the three fund portfolio. You have more control. I think a great starting place is age in bonds minus 10 to 15. I personally have age in bonds minus 15 at this point. Not sure how conservative I plan to go later on in retirem...
by stemikger
Fri May 06, 2016 9:21 am
Forum: Investing - Theory, News & General
Topic: Why did Peter Bernstein denounce the 60/40 Solution
Replies: 27
Views: 3775

Re: Why did Peter Bernstein denounce the 60/40 Solution

I'm not sure why Peter Bernstein denounced the 60/40 portfolio. but... When I figured out my AA, I concluded the 60/40 portfolio was to conservative for me at my age. For example let's say the 60/40 can average a 8% return. When the 80/20 or 90/10 can average a 10% return. The 2% difference is lite...
by stemikger
Fri May 06, 2016 9:19 am
Forum: Investing - Theory, News & General
Topic: Retirees: Who's not changing their AA, ever?
Replies: 46
Views: 3834

Re: Retirees: Who's not changing their AA, ever?

I'm 66 and retired for 5 years and have no plans to change my 50/50 asset allocation. We’re also at 50% stocks/50% bonds, in our late 60s, and have been in retirement for about 5 years — plus we plan to keep the 50/50 allocation to the end. There’s something about the simplicity and balance of the ...
by stemikger
Fri May 06, 2016 9:14 am
Forum: Investing - Theory, News & General
Topic: Retirees: Who's not changing their AA, ever?
Replies: 46
Views: 3834

Re: Retirees: Who's not changing their AA, ever?

I'm 52 and have 10 to 15 years of work ahead of me. I always liked Scott Burns Couch Potato Portfolio where it is in two funds and is 50/50 for life. I also like what John Bogle says about looking at social security as part of your fixed income. I have a paid off home and will wait until full retire...
by stemikger
Fri May 06, 2016 6:52 am
Forum: Investing - Theory, News & General
Topic: Why did Peter Bernstein denounce the 60/40 Solution
Replies: 27
Views: 3775

Re: Why did Peter Bernstein denounce the 60/40 Solution

I don't know the answer to your Q, but 60% stock funds is not what I would call a conservative allocation for most people in their later years... This is true unless you count social security and/or a pension or even a paid off home, then it is not as aggressive as one might think. It is not much d...
by stemikger
Fri May 06, 2016 5:55 am
Forum: Investing - Theory, News & General
Topic: Why did Peter Bernstein denounce the 60/40 Solution
Replies: 27
Views: 3775

Why did Peter Bernstein denounce the 60/40 Solution

As many here know, the late Peter Bernstein's article the 60/40 solution is very much in line with how Bogleheads view asset allocation and a fantastic view on a conservative asset allocation that seemed to have the best of both worlds when it came to risk and reward. Years later Mr. Bernstein denou...
by stemikger
Wed May 04, 2016 3:08 pm
Forum: Investing - Theory, News & General
Topic: Longer Re-Balancing Periods?
Replies: 18
Views: 1508

Re: Longer Re-Balancing Periods?

I'm pretty sure I read that John Bogle does not rebalance his own portfolio too often.
by stemikger
Wed May 04, 2016 6:28 am
Forum: Investing - Theory, News & General
Topic: How many funds in your portfolio?
Replies: 99
Views: 6459

Re: How many funds in your portfolio?

Not to go off topic, but I have a quick question to the folks who have more than 8 funds. Are you married? If so does your significant other show interest? If not, do you worry about them not being able to handle this type of portfolio in the event you predecease them? My wife shows very little inte...
by stemikger
Wed May 04, 2016 1:39 am
Forum: Investing - Theory, News & General
Topic: Jack Bogle: "David and Goliath: Who Wins the Quantitative Battle?"
Replies: 13
Views: 1851

Re: Jack Bogle: "David and Goliath: Who Wins the Quantitative Battle?"

Thank you Taylor! Your signature says it best. I'm glad I am listening to you and Jack and follow the Majesty of Simplicity.
by stemikger
Wed May 04, 2016 1:35 am
Forum: Investing - Theory, News & General
Topic: How many funds in your portfolio?
Replies: 99
Views: 6459

Re: How many funds in your portfolio?

3

401K - Vanguard Institutional Index Fund and Blackrock U.S. Debt Index Fund (65/35 AA)

IRA - Vanguard Balanced Index Fund (Admiral Shares)
by stemikger
Tue May 03, 2016 9:43 pm
Forum: Personal Consumer Issues
Topic: I cannot stop buying... [Investing/Personal Finance Books]
Replies: 54
Views: 7282

Re: I cannot stop buying... [Investing/Personal Finance Books]

Money is just a tool not an end in itself. Speak for yourself. I like money for the sake of money. In video games, I always spent time grinding (where you go out and do the same thing over and over) for the purpose of building wealth. (After you slay the monsters and save the world, what are you go...
by stemikger
Tue May 03, 2016 12:51 am
Forum: Investing - Theory, News & General
Topic: Buffett goes after fees pushes index funds (again)
Replies: 37
Views: 5101

Re: Buffett goes after fees pushes index funds (again)

I don't see it as a big deal. My 401k only has one index which is the Vanguard Institutional Index (the S&P 500). The long term returns are practically identical. What does bother me is his no bond advice. I can't find the video, but I saw a young man ask him this question: You usually advise th...
by stemikger
Mon May 02, 2016 6:35 am
Forum: Personal Consumer Issues
Topic: I cannot stop buying... [Investing/Personal Finance Books]
Replies: 54
Views: 7282

Re: I cannot stop buying... [Investing/Personal Finance Books]

Investing/Personal Finance Books Am I the only one? Oh I found my twin. My wife has warned me several times not to buy anymore. The best is I have over a dozen I haven't read. I also went beyond and became a collector of books with John Bogle, Charlie Munger and Warren Buffett's autograph on ebay. ...
by stemikger
Sun May 01, 2016 2:15 pm
Forum: Investing - Help with Personal Investments
Topic: In-Law's Sketchy Investment Advice
Replies: 13
Views: 1667

Re: In-Law's Sketchy Investment Advice

A caller on the Dave Ramsey show called about something that sounded very similar to this. I'm not the biggest Ramsey fan but he gave her good advice. He said stay very far away from this and don't put one dime into it. This is as far from the simplicity theme as you can get and IMHO is most likely ...
by stemikger
Sun May 01, 2016 2:02 pm
Forum: Investing - Theory, News & General
Topic: Berkshire Hathaway, Annual Meeting Live Streaming Today
Replies: 23
Views: 1756

Re: Berkshire Hathaway, Annual Meeting Live Streaming Today

PS - apparently Sees peanut brittle is a hot commodity, lol I was cracking up at one point. Charlie was going non-stop on the peanut brittle and chewing in the microphone like he was there alone. I was getting such a kick how he was in a feeding frenzy in front of a stadium filled with thousands of...
by stemikger
Sun May 01, 2016 12:01 pm
Forum: Personal Consumer Issues
Topic: I cannot stop buying... [Investing/Personal Finance Books]
Replies: 54
Views: 7282

Re: I cannot stop buying... [Investing/Personal Finance Books]

Investing/Personal Finance Books Am I the only one? Oh I found my twin. My wife has warned me several times not to buy anymore. The best is I have over a dozen I haven't read. I also went beyond and became a collector of books with John Bogle, Charlie Munger and Warren Buffett's autograph on ebay. ...
by stemikger
Sun May 01, 2016 9:08 am
Forum: Investing - Theory, News & General
Topic: Sound advice from Warren Buffett
Replies: 16
Views: 3101

Re: Sound advice from Warren Buffett

Another link, to a video snip it of Warren giving the speech directly: http://finance.yahoo.com/video/warren-buffett-slams-hedge-fund-204127686.html " ...For the population as a whole, American business has done wonderfully. And the net result of hiring professional management, is a huge minus...
by stemikger
Sun May 01, 2016 9:07 am
Forum: Investing - Theory, News & General
Topic: Sound advice from Warren Buffett
Replies: 16
Views: 3101

Re: Sound advice from Warren Buffett

Bogleheads: At today's annual meeting for Berkshire shareholders, USA Today reported: Buffett made his case for owning low-cost index funds by showing data over the past eight years that shows owning a S&P 500 index fund outperformed five hedge funds by more than 40 percentage points, or more t...
by stemikger
Sat Apr 30, 2016 6:53 pm
Forum: Investing - Theory, News & General
Topic: Selling in May and Walking Away?
Replies: 105
Views: 8156

Re: Selling in May and Walking Away?

No, no and no. Pick an asset allocation, don't peek and as always, Stay the Course. Why make such an elegant and simple way to invest hard?
by stemikger
Sat Apr 30, 2016 4:19 pm
Forum: Investing - Theory, News & General
Topic: Berkshire Hathaway, Annual Meeting Live Streaming Today
Replies: 23
Views: 1756

Re: Berkshire Hathaway, Annual Meeting Live Streaming Today

Not as much detail as the live Q&A, but there is a transcript "live blog" here: http://blogs.marketwatch.com/thetell/2016/04/30/live-blog-warren-buffett-at-berkshire-hathaway-annual-meeting/ Thanks! It will have to do if they don't replay it. I'm watching what is left, but I also see ...
by stemikger
Sat Apr 30, 2016 4:00 pm
Forum: Investing - Theory, News & General
Topic: Berkshire Hathaway, Annual Meeting Live Streaming Today
Replies: 23
Views: 1756

Re: Berkshire Hathaway, Annual Meeting Live Streaming Today

Not as much detail as the live Q&A, but there is a transcript "live blog" here: http://blogs.marketwatch.com/thetell/2016/04/30/live-blog-warren-buffett-at-berkshire-hathaway-annual-meeting/ Thanks! It will have to do if they don't replay it. I'm watching what is left, but I also see ...
by stemikger
Sat Apr 30, 2016 3:53 pm
Forum: Investing - Theory, News & General
Topic: Berkshire Hathaway, Annual Meeting Live Streaming Today
Replies: 23
Views: 1756

Re: Berkshire Hathaway, Annual Meeting Live Streaming Today

I watched a little before my wife told me to mow the grass. Got it done so watching it again. I hope there will be a replay available. Both Warren and Charlie are on my Mt Rushmore along with Jack B and Ben G. Have a great weekend Don I agree. I sure hope I get to see a replay. I'm so mad I missed ...
by stemikger
Sat Apr 30, 2016 3:43 pm
Forum: Investing - Theory, News & General
Topic: Berkshire Hathaway, Annual Meeting Live Streaming Today
Replies: 23
Views: 1756

Re: Berkshire Hathaway, Annual Meeting Live Streaming Today

Is anyone else watching/listening to the live streaming of the annual meeting today? (yahoo.com) Curious to share and discuss any nuggets. I just dialed in. BFG Thanks for the reminder. I hope I can watch it again if it is offered on You Tube or something. I would love to see it from the beginning....
by stemikger
Fri Apr 29, 2016 11:39 pm
Forum: Personal Consumer Issues
Topic: So, are Bogleheads Bourbon or Scotch drinkers?
Replies: 115
Views: 7118

Re: So, are Bogleheads Bourbon or Scotch drinkers?

My wife is a scotch drinker. I tried it several times over the years and I just hate it and I really wanted to enjoy it. Before I got barretts esophagus, I used to enjoy Hennessy XO after dinner but my doctor told me to stay away from drinking. I have always been a Bud Light guy. I hate the fancy cr...
by stemikger
Thu Apr 28, 2016 4:51 pm
Forum: Personal Finance (Not Investing)
Topic: Degree, College and Career
Replies: 20
Views: 1812

Re: Degree, College and Career

I like the college idea and the fact that low or no student loans will be taken is IMHO very important and gives the young person entering the workforce more options and not having to be a slave to a job they hate. As far as the other advice. I really like what Warren Buffett tells students on his c...
by stemikger
Thu Apr 28, 2016 12:08 am
Forum: Investing - Theory, News & General
Topic: New Video Interview with Mr. Bogle; Market Predictions
Replies: 2
Views: 604

Re: New Video Interview with Mr. Bogle; Market Predictions

Thanks! I always enjoy watching what Mr. Bogle has to say when it comes to life and investing.
by stemikger
Thu Apr 28, 2016 12:08 am
Forum: Personal Finance (Not Investing)
Topic: mortgage pre payment, why?
Replies: 101
Views: 11343

Re: mortgage pre payment, why?

In my case, it was purely emotional. I'm not a numbers guy, I just like keeping my life simple.

The bottom line is it gave me great piece of mind and that is worth the extra percent I could possibly get from other investments.
by stemikger
Mon Apr 25, 2016 7:23 am
Forum: Investing - Theory, News & General
Topic: Dow 100,000
Replies: 33
Views: 5245

Re: Dow 100,000

So why not be in 100% in total market. Even if your 60. Warren Buffett thinks the average person (no matter what age) should hold enough in cash to feel secure and put the rest in an index fund that buys America. His wife is somewhere in her seventies and he is 85. His instructions are when he pass...
by stemikger
Sun Apr 24, 2016 9:17 am
Forum: Personal Consumer Issues
Topic: A Month in Manhattan
Replies: 87
Views: 5289

Re: A Month in Manhattan

My buddy is giving us (me 68yo and my wife 65yo) his apartment on the upper east side for a month this summer. As we rarely venture into NYC I am asking the more knowledgeable of BH what there is an adventurous older couple can discover about the city for our month this summer. Thanks to all. Lifel...
by stemikger
Sat Apr 23, 2016 4:06 pm
Forum: Investing - Theory, News & General
Topic: Determine risk tolerance
Replies: 19
Views: 1347

Re: Determine risk tolerance

I had many of the same problems and I didn't start investing until age 31. Looking back, you should be aggressive because you don't have that much money in there and you are going to hopefully be investing for a multi-decade horizon. Now that I have more money then I have ever seen in my life in my ...
by stemikger
Sat Apr 23, 2016 3:11 pm
Forum: Investing - Help with Personal Investments
Topic: Million? [Will I get there]
Replies: 41
Views: 5520

Re: Million? [Will I get there]

It impresses people? I thought it makes people bitter and envious, and expect you to pay for dinner. Maybe you need to find some new friends. Do you get bitter and envious when a Boglehead creates a new thread with a title like " Just Joined the Two Comma Club" ? No, but I do get a little...

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