Search found 4210 matches

by stemikger
Fri May 26, 2017 10:17 pm
Forum: Personal Consumer Issues
Topic: Septic Pumping - Did I get ripped off?
Replies: 33
Views: 1840

Re: Septic Pumping - Did I get ripped off?

My brother-in-law has one tank and lives in Long Island and he pays more than that. I don't think you got ripped off.
by stemikger
Thu May 25, 2017 6:27 am
Forum: Investing - Theory, News & General
Topic: Milestone and not peeking. . .
Replies: 57
Views: 5719

Re: Milestone and not peeking. . .

I have been trying to follow the no peeking rule, but today I had to check on my 401K and was surprised to see I made it to $600K. I have another $30K in my TIRA, but don't like to count that for some reason. Stemikger, you made so much money :P you'll have big RMDs. Are you thinking of converting ...
by stemikger
Wed May 24, 2017 5:57 am
Forum: Investing - Theory, News & General
Topic: Milestone and not peeking. . .
Replies: 57
Views: 5719

Re: Milestone and not peeking. . .

:sharebeer Way to go!! I just turned 53 and hit the same in my 401 at the end of last year. I started early, but got hit with a 0.5X in 2009 (no, not the financial crises, wound up single again). Persistence pays off. Thanks Dave, sorry you are going through this. No worries. All is good, stemikger...
by stemikger
Tue May 23, 2017 2:02 am
Forum: Investing - Theory, News & General
Topic: Milestone and not peeking. . .
Replies: 57
Views: 5719

Re: Milestone and not peeking. . .

GoldenFinch wrote:
epictetus wrote:congratulations!
i always enjoy reading your posts.
you and the balanced index fund are strongly linked in my mind!


+1 Good for you Stemikger! :sharebeer


Thanks GF!!

Thanks again everyone!!
by stemikger
Tue May 23, 2017 2:01 am
Forum: Investing - Theory, News & General
Topic: Milestone and not peeking. . .
Replies: 57
Views: 5719

Re: Milestone and not peeking. . .

IlliniDave wrote::sharebeer Way to go!! I just turned 53 and hit the same in my 401 at the end of last year. I started early, but got hit with a 0.5X in 2009 (no, not the financial crises, wound up single again). Persistence pays off.


Thanks Dave, sorry you are going through this.
by stemikger
Sat May 20, 2017 9:53 am
Forum: Investing - Theory, News & General
Topic: Anyone catching the CNBC movie Madoff: from Millions to Billions???
Replies: 15
Views: 3647

Re: Anyone catching the CNBC movie Madoff: from Millions to Billions???

Thanks for the info, I will like to watch it. Also tonight is the HBO movie about Madoff with Robert DeNiro.
by stemikger
Sat May 20, 2017 8:40 am
Forum: Investing - Theory, News & General
Topic: Milestone and not peeking. . .
Replies: 57
Views: 5719

Re: Milestone and not peeking. . .

[...]I'm also hoping this will encourage the younger folks (I'm 52 will be 53 in June) who are just starting out and/or feel they are starting late. I didn't start until I was in my early 30s and did everything wrong for the first several years.[...] Congatulations on your reaching the milestone! T...
by stemikger
Fri May 19, 2017 7:48 pm
Forum: Investing - Theory, News & General
Topic: Milestone and not peeking. . .
Replies: 57
Views: 5719

Re: Milestone and not peeking. . .

Congratulations! Anyone else find that when they hit a new milestone it doesn't seem like a lot of money anymore. When we reached 100K it didn't seem like a lot of money. I thought if we could double it "that would be a lot of money." But when we reached 200K it no longer seemed like a lo...
by stemikger
Fri May 19, 2017 7:44 pm
Forum: Investing - Theory, News & General
Topic: Milestone and not peeking. . .
Replies: 57
Views: 5719

Re: Milestone and not peeking. . .

Miriam2 wrote:Way to go Stemikger!! :D
You have a nice cushion built up with your AA, guess we won't have to talk you off the cliff anymore :shock: :D


LOL +1
by stemikger
Fri May 19, 2017 7:43 pm
Forum: Investing - Theory, News & General
Topic: Milestone and not peeking. . .
Replies: 57
Views: 5719

Re: Milestone and not peeking. . .

[...]I'm also hoping this will encourage the younger folks (I'm 52 will be 53 in June) who are just starting out and/or feel they are starting late. I didn't start until I was in my early 30s and did everything wrong for the first several years.[...] Congatulations on your reaching the milestone! T...
by stemikger
Fri May 19, 2017 6:30 am
Forum: Investing - Theory, News & General
Topic: Milestone and not peeking. . .
Replies: 57
Views: 5719

Re: Milestone and not peeking. . .

Congrats! I always like reading your posts debating this or that allocation, I think they are very relocatable to most people myself included. If I recall you have settled on the balanced fund as a 1 stop shop -- have you always held a significant number of bonds? Love hearing about the posters who...
by stemikger
Thu May 18, 2017 5:03 pm
Forum: Investing - Theory, News & General
Topic: Milestone and not peeking. . .
Replies: 57
Views: 5719

Milestone and not peeking. . .

I never thought I'd post a milestone report, but hey you guys don't really know me and I'm feeling pretty good about my accomplishments, so here goes. I'm also hoping this will encourage the younger folks (I'm 52 will be 53 in June) who are just starting out and/or feel they are starting late. I did...
by stemikger
Wed May 17, 2017 5:32 pm
Forum: Investing - Help with Personal Investments
Topic: Convince me to get back into stocks!
Replies: 83
Views: 5569

Re: Convince me to get back into stocks!

Your making this way harder than it has to be. Just dollar cost average in or lump sum and don't look at it. Pick your AA and stay the course. One of the great things about being a Boglehead is simplicity. Your plan seems to be that of a market timer, which is not a plan that can be sustained for th...
by stemikger
Wed May 17, 2017 8:28 am
Forum: Investing - Help with Personal Investments
Topic: Mini Milestone 100K
Replies: 19
Views: 1537

Re: Mini Milestone 100K

VAslim 16. 100K is not an easy feat. I'm glad you made this big milestone.

Out of all the milestones, for some reason 100K was the one that got me the most excited.

So proud to call you my son! I'm proud of you.
by stemikger
Mon May 15, 2017 10:02 am
Forum: Investing - Theory, News & General
Topic: Another "Why Bonds?" / Buffett 90/10 thread..
Replies: 66
Views: 7753

Re: Another "Why Bonds?" / Buffett 90/10 thread..

http://berkshirehathaway.com/letters/2013ltr.pdf ... So ignore the chatter, keep your costs minimal, and invest in stocks as you would in a farm... Regarding the "farm", Buffett has elsewhere said https://www.investingdaily.com/14729/warren-buffett-on-when-to-sell-a-stock/ After buying a ...
by stemikger
Mon May 15, 2017 7:01 am
Forum: Investing - Theory, News & General
Topic: NBC WB interview on Jack Bogle
Replies: 13
Views: 1485

Re: NBC WB interview on Jack Bogle

Thanks for posting.
by stemikger
Mon May 15, 2017 6:56 am
Forum: Investing - Theory, News & General
Topic: Letting equity-only portfolio drift for decades (no rebalancing)?
Replies: 27
Views: 2548

Re: Letting equity-only portfolio drift for decades (no rebalancing)?

I read the wiki on Rebalancing, which makes sense for investors with bonds. But what about investors whose portfolios are 100% index equity funds: with TSM 50% and International Index 50%. If, for example, TSM separates from International (57% to 43%), why remove money from TSM or deposit extra fun...
by stemikger
Thu May 11, 2017 7:18 pm
Forum: Investing - Theory, News & General
Topic: Hilarious Q&A with Charlie Munger
Replies: 2
Views: 1485

Hilarious Q&A with Charlie Munger

This is a great Q&A with Charlie Munger. Very funny and entertaining. Someone asked him if he knew John Bogle and he said he met him once. He said he is kind of a one-trick pony and really did well with that one great idea because he was right and it works. On a side note, when Charlie starts ea...
by stemikger
Wed May 10, 2017 3:55 pm
Forum: Personal Consumer Issues
Topic: My old fashioned wristwatch - update
Replies: 27
Views: 2386

Re: My old fashioned wristwatch - update

My wife and I both have Citizen's Eco-drive watches - no battery to change and no winding necessary as they recharge via solar power (with natural room lighting - don't have to be out in the sun). There must be an internal battery that is being recharged I realize and when that goes I assume so doe...
by stemikger
Wed May 10, 2017 8:56 am
Forum: Investing - Theory, News & General
Topic: When Buffett says that long term interest rates are best indicator of future stock perf. What does he mean?
Replies: 7
Views: 1061

Re: When Buffett says that long term interest rates are best indicator of future stock perf. What does he mean?

Thanks for posting this question, I would like to hear the smart BH's elaborate. Is it just long term bonds he is talking about?
by stemikger
Mon May 08, 2017 7:45 am
Forum: Local Chapters and Bogleheads Community
Topic: HAPPY BIRTHDAY MR. BOGLE: Let's Get The Party Started One Day Early
Replies: 68
Views: 2881

Re: HAPPY BIRTHDAY MR. BOGLE: Let's Get The Party Started One Day Early

Happy Birthday Mr. Bogle ("Jack"). Enjoy your special day to reflect on all you did for the little guy!! The world is a better place because you are in it!!

Thank you!!
by stemikger
Sun May 07, 2017 12:25 pm
Forum: Investing - Theory, News & General
Topic: Warren Buffett Thinks This Finance Legend (Bogle)Has Put Billions in the Pockets of America's Investors
Replies: 5
Views: 1071

Re: Warren Buffett Thinks This Finance Legend (Bogle)Has Put Billions in the Pockets of America's Investors

I'm so happy Warren gave Jack such a nice shout out. I'm sure it meant a lot to Jack. I loved when he stood up and took a bow. A well deserved bow indeed.
by stemikger
Thu May 04, 2017 10:16 pm
Forum: Investing - Theory, News & General
Topic: Ted Seides "Why I lost My Bet With Warren Buffett" - Bloomberg
Replies: 64
Views: 6713

Re: Ted Seides "Why I lost My Bet With Warren Buffett" - Bloomberg

knpstr wrote:It's safe to say that Ted Seides is no Warren Buffett.


+1

Ted Seides may be a nice guy, but this was the most idiotic career move a hedge fund manager could make. Betting against Warren Buffett for all the world to see. Wow!!!
by stemikger
Wed May 03, 2017 10:41 pm
Forum: Investing - Theory, News & General
Topic: A Boglehead Guide to Buying Individual Stocks
Replies: 85
Views: 6646

Re: Forget about it.

I'm convinced that beating the market is incredibly hard, that most investors can't do it, and that I am one of those investors. But suppose that an otherwise financially secure Boglehead were to set out to beat the market by buying individual stocks with a small portion of his portfolio (say 10%)....
by stemikger
Wed May 03, 2017 9:02 am
Forum: Investing - Theory, News & General
Topic: Ted Seides "Why I lost My Bet With Warren Buffett" - Bloomberg
Replies: 64
Views: 6713

Re: Ted Seides "Why I lost My Bet With Warren Buffett" - Bloomberg

I agree with him about hedge funds may do better protecting against a downturn, but isn't that what my bonds are for? Low fees plus dry powder. For the record, I love Warren, but 90/10 is just too risky for me. 60/40 will keep me in the game.
by stemikger
Mon May 01, 2017 2:03 pm
Forum: Investing - Theory, News & General
Topic: Another "Why Bonds?" / Buffett 90/10 thread..
Replies: 66
Views: 7753

Re: Another "Why Bonds?" / Buffett 90/10 thread..

Posted by JoMoney I don't know where you guys are getting your information, but Buffett was pretty clear that the plan was for her to be withdrawing 3-4% a year from the portfolio (whatever size it is), and he seems to think others could do ok with that as well. Withdrawing 3-4% sounds pretty simil...
by stemikger
Mon May 01, 2017 7:34 am
Forum: Local Chapters and Bogleheads Community
Topic: Go Inside Jack's Office
Replies: 21
Views: 2476

Re: Go Inside Jack's Office

Bylo Selhi wrote:Here's another Investopedia video by Jack Bogle: Vanguard's John Bogle on Starting the First Index Fund.


+1

Excellent, thanks for sharing this!!
by stemikger
Sun Apr 30, 2017 7:32 pm
Forum: Local Chapters and Bogleheads Community
Topic: Go Inside Jack's Office
Replies: 21
Views: 2476

Re: Go Inside Jack's Office

I remember the first time I visited Jack's office to have lunch with him. There was a big stack of honorary degrees and other awards laying around in piles on the floor. Good to see that he's finally making progress in getting them up on the wall. He stated in the video that he's only four years be...
by stemikger
Sun Apr 30, 2017 5:49 pm
Forum: Local Chapters and Bogleheads Community
Topic: Go Inside Jack's Office
Replies: 21
Views: 2476

Re: Go Inside Jack's Office

I remember the first time I visited Jack's office to have lunch with him. There was a big stack of honorary degrees and other awards laying around in piles on the floor. Good to see that he's finally making progress in getting them up on the wall. He stated in the video that he's only four years be...
by stemikger
Sun Apr 30, 2017 3:00 pm
Forum: Local Chapters and Bogleheads Community
Topic: Go Inside Jack's Office
Replies: 21
Views: 2476

Re: Go Inside Jack's Office

I remember the first time I visited Jack's office to have lunch with him. There was a big stack of honorary degrees and other awards laying around in piles on the floor. Good to see that he's finally making progress in getting them up on the wall. He stated in the video that he's only four years be...
by stemikger
Sun Apr 30, 2017 12:22 pm
Forum: Personal Finance (Not Investing)
Topic: Dealing with regret
Replies: 102
Views: 8675

Re: Dealing with regret

Look at it as tuition. It was a learning experience and the good thing is at your age, it really is not as bad as you may think. You have many more years to make this just a little blip. I made the same mistake you have, but I've gotten over it and I'm going to be 53 next month. I probably would hav...
by stemikger
Sun Apr 30, 2017 10:16 am
Forum: Local Chapters and Bogleheads Community
Topic: Go Inside Jack's Office
Replies: 21
Views: 2476

Re: Go Inside Jack's Office

My favorite part was when we pointed out the painting of his face on Admiral Nelson's body, and he said, "What will they think of next?". His gifts, plaques, and achievements are among other "junk" he has laying about. What a modest man. https://s3.postimg.org/ldxpq5jmb/Bogles_O...
by stemikger
Sun Apr 30, 2017 8:58 am
Forum: Personal Finance (Not Investing)
Topic: How to get kids started on investing?
Replies: 14
Views: 1499

Re: How to get kids started on investing?

I'm sure it's been asked before, but with your pardon, are there any successful programs or methods for getting kids interested in investing? These are sisters, age 11 and 13. Jack Bogle's books are ideal for us, but probably not for kids. I would have them read David Bach's book The Automatic Mill...
by stemikger
Sun Apr 30, 2017 8:42 am
Forum: Investing - Theory, News & General
Topic: Another "Why Bonds?" / Buffett 90/10 thread..
Replies: 66
Views: 7753

Re: Another "Why Bonds?" / Buffett 90/10 thread..

I personally like the balanced approach (i.e. 65/35 or 60/40). However, if a young person can stay the course until late 40s early 50s with a stock heavy portfolio, it is probably a good thing, but I would have them read Taylor Larmore's story about when his family lost everything. I love what Jack ...
by stemikger
Sat Apr 29, 2017 7:11 pm
Forum: Investing - Theory, News & General
Topic: Bogle on "On The Money" this morning
Replies: 8
Views: 2055

Re: Bogle on "On The Money" this morning

Thanks for the link. Common Sense never gets old.

60/40 here and Staying the Course!
by stemikger
Sat Apr 29, 2017 6:30 am
Forum: Local Chapters and Bogleheads Community
Topic: Go Inside Jack's Office
Replies: 21
Views: 2476

Go Inside Jack's Office

I just found this and thought it was great. Our idol Jack Bogle!! Enjoy!!

https://www.youtube.com/watch?v=QHXoE-6lY7k
by stemikger
Sat Apr 29, 2017 12:01 am
Forum: Personal Consumer Issues
Topic: The Wolf of Wall Street is on FX tonight - Worth watching???
Replies: 29
Views: 2620

Re: The Wolf of Wall Street is on FX tonight - Worth watching???

Loved it, but not for the prudish.

Posted by Daveydoo
Agreed; all I remember is Margot Robbie


LOL. Me too. And the Quaalude scene.
by stemikger
Fri Apr 28, 2017 6:48 am
Forum: Investing - Theory, News & General
Topic: Vanguard adviser - advice when not carrying a mortgage into retirement
Replies: 57
Views: 4460

Re: Vanguard adviser - advice when not carrying a mortgage into retirement

It really depends if you are house crazy (like my wife) and want a custom upgrade. We need a lot of work on our home that I just can't afford so it looks like I will be doing this into my retirement (project by project). I refuse to take out a loan for this. I max out my 401K and just paid for my da...
by stemikger
Thu Apr 27, 2017 12:18 am
Forum: Investing - Help with Personal Investments
Topic: Does Portfolio Size Influence Stock/Bond Allocation?
Replies: 43
Views: 4252

Re: Does Portfolio Size Influence Stock/Bond Allocation?

At your age, history and lots of advisers say you should be about 45% in bonds. You are at 35%. That is pretty aggressive IMO. Why are you reaching for returns if you already have enough? Most of us old guys learned that 60/40 was good enough and we stayed there for most of our lives. I never went ...
by stemikger
Wed Apr 26, 2017 12:56 am
Forum: Investing - Theory, News & General
Topic: Single most important investing advice?
Replies: 96
Views: 11041

Re: Single most important investing advice?

Press on Regardless!

Even the best laid plans can get derailed by life, so it is important to know, things might not go smoothly (i.e. medical, divorce, etc.) So IMHO Press on Regardless of set backs is an important rule with life and investments.
by stemikger
Wed Apr 26, 2017 12:21 am
Forum: Investing - Theory, News & General
Topic: Harry Browne Permanent Portfolio Discussion (Cont'd)
Replies: 582
Views: 134841

Re: Harry Browne Permanent Portfolio Discussion (Cont'd)

Posted by Emerg Doc Any reasonable portfolio will do fine if expenses and taxes are minimized and the portfolio is not changed when the next trend comes along. IMHO, the PP is pushing the limits of reasonable (25% in three asset classes with some pretty undesirable characteristics), but will probab...
by stemikger
Mon Apr 24, 2017 9:52 am
Forum: Personal Consumer Issues
Topic: Six pack for barbecue?
Replies: 77
Views: 5346

Re: Six pack for barbecue?

but I usually buy Blue Moon for the folks who like micro brews and the fancier stuff. Blue moon is a joke for people that like beers as its generally really liked by people who want to pretend that they like craft beer similar to someone saying they really like wine but then brings moscato or somet...
by stemikger
Mon Apr 24, 2017 8:20 am
Forum: Investing - Theory, News & General
Topic: What's Wrong With AQR? (Managed Futures)
Replies: 66
Views: 5317

Re: What's Wrong With AQR? (Managed Futures)

From the article: "In the end, we don’t believe there’s anything wrong with AQR’s managed futures offering. It’s doing what it was designed to do, keeping its powder dry and suffering consistent losses in exchange for future outlier-type gains." People investing in these strategies need t...
by stemikger
Mon Apr 24, 2017 8:10 am
Forum: Personal Consumer Issues
Topic: Orlando Disneyland advice
Replies: 21
Views: 1687

Re: Orlando Disneyland advice

DaftInvestor wrote:Disneyland is in Anaheim, CA. Disneyworld is in Orlando, FL.
Important to remember as you do research online as the parks are similar but different.


+1

As a Disney World fanatic, this is one of my pet peeves. LOL. To the OP have fun!!
by stemikger
Mon Apr 24, 2017 8:07 am
Forum: Personal Consumer Issues
Topic: Six pack for barbecue?
Replies: 77
Views: 5346

Re: Six pack for barbecue?

I would bring a case of Bud Light in the can and buy a six pack of a high end beer in the bottle. I'm a bud light guy, but I usually buy Blue Moon for the folks who like micro brews and the fancier stuff. You may want to bring a few bags of chips or something like that.
by stemikger
Mon Apr 24, 2017 8:00 am
Forum: Local Chapters and Bogleheads Community
Topic: The next generation of Boglehead authors
Replies: 41
Views: 3330

Re: The next generation of Boglehead authors

Too bad Dave Ramsey's daughter is not an index investor. She would be a great candidate for the next generation. She is doing that, but unfortunately, her investing advice is the same as her dad's advice. Not very good.
by stemikger
Mon Apr 24, 2017 7:59 am
Forum: Local Chapters and Bogleheads Community
Topic: The next generation of Boglehead authors
Replies: 41
Views: 3330

Re: The next generation of Boglehead authors

downshiftme wrote:JL Collins is very accessible for the next generation of Bogleheads.

jlcollinsnh.com


Jim is great, but he is well into his 60s if not older. However, his book the Simple Path to Wealth is one of my top 5 book suggestions.
by stemikger
Sun Apr 23, 2017 9:06 am
Forum: Personal Consumer Issues
Topic: Terminal Cancer Diagnosis for 5 year old: What would you do?
Replies: 32
Views: 5658

Re: Terminal Cancer Diagnosis for 5 year old: What would you do?

I think the main thing is just to let them know you are there for them whenever they need you.

What a horrible tragedy. No one should have to go through this.

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