Search found 4494 matches

by stemikger
Mon Nov 20, 2017 9:50 am
Forum: Personal Finance (Not Investing)
Topic: Dave Ramsey says don't use credit cards, even if you pay them off
Replies: 141
Views: 7690

Re: Dave Ramsey says don't use credit cards, even if you pay them off

To the OP. I am just like you and I disagree with Dave Ramsey on this. I wrote this before in the past and this is how I feel about Dave. Dave is someone who was a financial alcoholic in his past life. He discovered his version of a 12 step program (where they can no longer take a sip of alcohol bec...
by stemikger
Mon Nov 20, 2017 9:15 am
Forum: Personal Consumer Issues
Topic: What brand of used car - Hyundai vs Nissan?
Replies: 22
Views: 1043

Re: What brand of used car - Hyundai vs Nissan?

I have no experience buying from Hertz, but I bought an 09 Nissan Versa brand new and the car has been wonderful. It currently has 103,000 miles on it and other than maintenance there have been no problems.
by stemikger
Sun Nov 19, 2017 3:11 pm
Forum: Investing - Theory, News & General
Topic: Where did you first learn about investing?
Replies: 95
Views: 3878

Re: Where did you first learn about investing?

My interest started shortly after I got married 25 years ago. I believe I read a book called Get Rich Slow and then I became obsessed. I started reading everything I could get my hands on when it came to personal finance and investing. The turning point for me was David Bach's book The Automatic Mil...
by stemikger
Sun Nov 19, 2017 6:02 am
Forum: Personal Consumer Issues
Topic: Thoughts about wearing a "uniform"/same thing everyday?
Replies: 135
Views: 8471

Re: Thoughts about wearing a "uniform"/same thing everyday?

Posted by Rupert Natural waist pants = "mom jeans." Men used to wear them as well though. Typically the top of natural waist pants will be at or near the belly button, as opposed to at the top of the hip bones or lower. There's a hilarious Saturday Night Live skit about "mom jeans," probably availa...
by stemikger
Fri Nov 17, 2017 7:25 am
Forum: Investing - Help with Personal Investments
Topic: Thoughts on my asset allocation?
Replies: 20
Views: 1117

Re: Thoughts on my asset allocation?

Not bad, but I would go with Taylor Larimore's 3 fund portfolio instead.

https://www.bogleheads.org/wiki/Three-fund_portfolio

I am 53 and go with John Bogle's two fund portfolio (same as the 3 fund without international).

Good Luck!
by stemikger
Thu Nov 16, 2017 11:02 pm
Forum: Investing - Help with Personal Investments
Topic: Finance Simplicity
Replies: 36
Views: 1819

Re: Finance Simplicity

Only in the U.S.A. do we have IRA's, Roth IRA's, 401K's, ROTH 401k's, SEP 401K's, Government Retirement accounts, HSA's, and ect. It's almost too much for the average person to split their checks in all these different pots. Has any one just decided to just [(removed) --admin LadyGeek] go simple. 1...
by stemikger
Thu Nov 16, 2017 8:01 am
Forum: Investing - Theory, News & General
Topic: Buffett 90/10 Portfolio vs Target Retirement
Replies: 29
Views: 3216

Re: Buffett 90/10 Portfolio vs Target Retirement

John Bogle also says "Forget the needle, buy the haystack". I see the US as only a part of a larger haystack (the world market). We wouldn't think of only buying stocks from the city or state where we were born or raised. Why buy only stocks from the country in which we were born and raised? Google...
by stemikger
Thu Nov 16, 2017 7:50 am
Forum: Investing - Theory, News & General
Topic: Buffett 90/10 Portfolio vs Target Retirement
Replies: 29
Views: 3216

Re: Buffett 90/10 Portfolio vs Target Retirement

Buffett is donating his BRK stock to the Gates Foundation when he dies. His wife is getting his cash which is $100+ million and he has advised her trustees to invest it 90/10 in the 500 index and cash/bonds. Where did you read she is getting 100+million. I don't believe that has ever been stated to...
by stemikger
Wed Nov 15, 2017 10:47 pm
Forum: Investing - Help with Personal Investments
Topic: How to approximate Vanguard Balanced Index Fund Admiral Shares (VBIAX) with two other Vanguard funds?
Replies: 14
Views: 1283

Re: How to approximate Vanguard Balanced Index Fund Admiral Shares (VBIAX) with two other Vanguard funds?

Christine_NM wrote:
Fri Jun 16, 2017 6:08 pm
nisi -

Balanced Index has never been a fund of funds.
That's what I thought also, but coming from Nisi, I figured I was wrong. lol.
by stemikger
Wed Nov 15, 2017 10:40 pm
Forum: Personal Consumer Issues
Topic: ASUS Student Chromebook - thoughts?
Replies: 22
Views: 1095

Re: ASUS Student Chromebook - thoughts?

I owned an ASUS Chromebook and I loved it. If you just want to keep in touch, use e-mail, surf the web, etc. Chromebook's are the way to go. Just know, without internet connection they are useless. I have a PC in my home, but I hardly ever use it. I am on the Chromebook throughout the day. In fact, ...
by stemikger
Tue Nov 14, 2017 1:20 am
Forum: Investing - Theory, News & General
Topic: Buffett 90/10 Portfolio vs Target Retirement
Replies: 29
Views: 3216

Re: Buffett 90/10 Portfolio vs Target Retirement

Keep in mind you have plenty of international exposure holding 90% in S&P 500 since much of the profits of those companies you own is international. Posted by Blackhat Something about not having international diversification makes me uneasy Although I'm in total agreement with eye.surgeon and I mys...
by stemikger
Mon Nov 13, 2017 1:31 pm
Forum: Personal Consumer Issues
Topic: Thoughts about wearing a "uniform"/same thing everyday?
Replies: 135
Views: 8471

Re: Thoughts about wearing a "uniform"/same thing everyday?

Posted by Rupert Natural waist pants = "mom jeans." Men used to wear them as well though. Typically the top of natural waist pants will be at or near the belly button, as opposed to at the top of the hip bones or lower. There's a hilarious Saturday Night Live skit about "mom jeans," probably availa...
by stemikger
Mon Nov 13, 2017 8:02 am
Forum: Personal Consumer Issues
Topic: Thoughts about wearing a "uniform"/same thing everyday?
Replies: 135
Views: 8471

Re: Thoughts about wearing a "uniform"/same thing everyday?

Funny thread! I typically wear the same thing one day per week. I always think that if someone only came to the office on that day, they would think I only had one pair of clothes. Yesterday, I went to wear brown shirt and khaki shorts but then I felt like the UPS guy so I had to nix that idea. Eas...
by stemikger
Mon Nov 13, 2017 8:01 am
Forum: Personal Consumer Issues
Topic: Thoughts about wearing a "uniform"/same thing everyday?
Replies: 135
Views: 8471

Re: Thoughts about wearing a "uniform"/same thing everyday?

At work they call me Johnny Cash because of my black outfit, but ... I would take this as a massive compliment; no need to explain anything to them. You're the Man in Black. There was a Goth-type guy in our office (all black attire, all the time) who had a very scary nickname. He seemed to like it ...
by stemikger
Mon Nov 13, 2017 7:57 am
Forum: Personal Consumer Issues
Topic: Thoughts about wearing a "uniform"/same thing everyday?
Replies: 135
Views: 8471

Re: Thoughts about wearing a "uniform"/same thing everyday?

f35phixer wrote:
Mon Nov 13, 2017 6:38 am
We had a young engineer working for us, wore the same black pants every day. I gave him the call sign SPEED - Same Pants Every EFFIN day!!! :D
This is what I was a little afraid of. I didn't want people to think I was unhygienic. How do you know he didn't have 5 pairs of the same pants.
by stemikger
Mon Nov 13, 2017 7:32 am
Forum: Investing - Theory, News & General
Topic: Yay, my question was answered by Jack
Replies: 40
Views: 3689

Re: Yay, my question was answered by Jack

I really don't look at the LS funds as fund of fund funds. They simply hold the index funds. That is great, but the Star Fund is a true fund of funds approach. I'm not all that crazy about that idea. Sorry, I’m not sure I follow. What’s the distinction? The LS are simply investing in 4 index funds,...
by stemikger
Sun Nov 12, 2017 6:44 pm
Forum: Investing - Theory, News & General
Topic: Yay, my question was answered by Jack
Replies: 40
Views: 3689

Re: Yay, my question was answered by Jack

I really don't look at the LS funds as fund of fund funds. They simply hold the index funds. That is great, but the Star Fund is a true fund of funds approach. I'm not all that crazy about that idea. Sorry, I’m not sure I follow. What’s the distinction? The LS are simply investing in 4 index funds,...
by stemikger
Sun Nov 12, 2017 9:38 am
Forum: Investing - Theory, News & General
Topic: Another reason why I can't stand Tasty Trade
Replies: 2
Views: 736

Another reason why I can't stand Tasty Trade

I have a small confession, I watch Tasty Trade for my amusement and can't believe they are trying to convert everyday investors to use this method for retirement and creating wealth in general. I dislike them because they are smug and arrogant and talk down to people and actually never get to the po...
by stemikger
Sun Nov 12, 2017 8:26 am
Forum: Investing - Theory, News & General
Topic: Yay, my question was answered by Jack
Replies: 40
Views: 3689

Re: Yay, my question was answered by Jack

And there are several alternatives to the Balanced Index Fund that would also work for those who wish to maintain a 60/40 portfolio at Vanguard: VGSTX STAR Fund VSMGX LifeStrtgy Mod Growth Fund Yes, however you want to roll. I like the plain vanilla simplicity of the balanced, but if I were to go w...
by stemikger
Sun Nov 12, 2017 8:04 am
Forum: Personal Consumer Issues
Topic: Thoughts about wearing a "uniform"/same thing everyday?
Replies: 135
Views: 8471

Re: Thoughts about wearing a "uniform"/same thing everyday?

At work they call me Johnny Cash because of my black outfit, but ... I would take this as a massive compliment; no need to explain anything to them. You're the Man in Black. LOL. I definitely take it as a compliment!! I love him. It even fits me more because I work midnights. Johnny Cash working mi...
by stemikger
Sat Nov 11, 2017 11:48 am
Forum: Personal Consumer Issues
Topic: Thoughts about wearing a "uniform"/same thing everyday?
Replies: 135
Views: 8471

Re: Thoughts about wearing a "uniform"/same thing everyday?

Posted by Veiled being too eccentric I know what you mean. At work they call me Johnny Cash because of my black outfit, but I always make it a point to tell them, you know I change my clothes every day. I work with a fun crew and I joke around a lot with them, but I know some people think it's odd,...
by stemikger
Sat Nov 11, 2017 11:22 am
Forum: Investing - Theory, News & General
Topic: Yay, my question was answered by Jack
Replies: 40
Views: 3689

Re: Yay, my question was answered by Jack

Bogleheads....I am a little dense. How exactly do you count SS as part of your bond portfolio? I do not doubt that you can, but I am not really sure about how to go about doing that. In my IPS, I have a glide path to a 60/40 allocation by age 62, and then glide to 50/50 by age 67 (my FRA). Ostensib...
by stemikger
Sat Nov 11, 2017 11:14 am
Forum: Personal Consumer Issues
Topic: Do you meditate?
Replies: 107
Views: 6400

Re: Do you meditate?

No, but I take nice long walks and I feel like I mediate when I take them.
by stemikger
Sat Nov 11, 2017 11:12 am
Forum: Personal Consumer Issues
Topic: Thoughts about wearing a "uniform"/same thing everyday?
Replies: 135
Views: 8471

Re: Thouhgts about wearing a "uniform"/same thing everyday?

For the record, I only own 5 or 6 of the same pant and the same with shirts. You don't need 15. This has taken a part of my life and simplified it. I work midnights and never liked wondering what I was going to wear, I'm not good at matching colors and all that comes with it. My uniform was a godse...
by stemikger
Sat Nov 11, 2017 11:11 am
Forum: Personal Finance (Not Investing)
Topic: How old are you and how much do you save for retirement a year
Replies: 151
Views: 12687

Re: How old are you and how much do you save for retirement a year

I'm 53 and save $24K a year. I take advantage of the catch-up provision. This year I will be able to save another $500 on top of that.

My firm also contributes $5K so I guess I save $29,500 per year. I didn't always save the max but I figure, I'm at the home stretch so I might as well.
by stemikger
Sat Nov 11, 2017 6:36 am
Forum: Investing - Theory, News & General
Topic: Yay, my question was answered by Jack
Replies: 40
Views: 3689

Re: Yay, my question was answered by Jack

The question I asked was: If one were to look at social security as part of their fixed income, what will be wrong with holding the balanced index for life and never look back. Jack's quick answer was: Nothing would be wrong. And there are several alternatives to the Balanced Index Fund that would ...
by stemikger
Sat Nov 11, 2017 2:37 am
Forum: Investing - Theory, News & General
Topic: Yay, my question was answered by Jack
Replies: 40
Views: 3689

Re: Yay, my question was answered by Jack

Posted by Staythecourse
p.s. DId anyone really think Mr. Bogle or anyone else would say it is a BIG mistake to that question?
No, but it's still nice to hear him confirm it. It's that extra seal of approval.
by stemikger
Sat Nov 11, 2017 2:36 am
Forum: Investing - Theory, News & General
Topic: Yay, my question was answered by Jack
Replies: 40
Views: 3689

Re: Yay, my question was answered by Jack

^ STC: I think that the crux of the question surrounded asset allocation. The Balanced Fund is 60/40 and a lot of retirees would find that too equity-heavy. Bogle has often talked about "age in bonds" or even 110-age for the bond allocation so if you're well into retirement, you might wonder how he...
by stemikger
Sat Nov 11, 2017 1:18 am
Forum: Personal Consumer Issues
Topic: Thoughts about wearing a "uniform"/same thing everyday?
Replies: 135
Views: 8471

Re: Thouhgts about wearing a "uniform"/same thing everyday?

For the record, I only own 5 or 6 of the same pant and the same with shirts. You don't need 15. This has taken a part of my life and simplified it. I work midnights and never liked wondering what I was going to wear, I'm not good at matching colors and all that comes with it. My uniform was a godse...
by stemikger
Sat Nov 11, 2017 12:56 am
Forum: Personal Consumer Issues
Topic: Thoughts about wearing a "uniform"/same thing everyday?
Replies: 135
Views: 8471

Re: Thouhgts about wearing a "uniform"/same thing everyday?

I've been doing this for around a decade and it works for me. My wife is always telling me to add color, but I don't like to shop for clothes and I prefer my uniform. I do have a pair of jeans and a couple of different shirts for the weekend when I go out. However, Monday through Friday I wear a bla...
by stemikger
Fri Nov 10, 2017 6:54 pm
Forum: Investing - Theory, News & General
Topic: Yay, my question was answered by Jack
Replies: 40
Views: 3689

Re: Yay, my question was answered by Jack

Sandtrap wrote:
Fri Nov 10, 2017 6:38 pm
Substantial sum in VBIAX. Excellent sleep factor. :D
Yes!! That is the goal!!

:beer
by stemikger
Fri Nov 10, 2017 5:21 pm
Forum: Investing - Theory, News & General
Topic: Yay, my question was answered by Jack
Replies: 40
Views: 3689

Re: Yay, my question was answered by Jack

I just watched the 2017 Q&A and Mel asked Jack my question. I now have the blessing from Jack that my strategy is perfectly sound. The question I asked was: If one were to look at social security as part of their fixed income, what will be wrong with holding the balanced index for life and never lo...
by stemikger
Fri Nov 10, 2017 4:44 am
Forum: Investing - Theory, News & General
Topic: Yay, my question was answered by Jack
Replies: 40
Views: 3689

Yay, my question was answered by Jack

I just watched the 2017 Q&A and Mel asked Jack my question. I now have the blessing from Jack that my strategy is perfectly sound. The question I asked was: If one were to look at social security as part of their fixed income, what will be wrong with holding the balanced index for life and never loo...
by stemikger
Mon Nov 06, 2017 8:43 am
Forum: Investing - Theory, News & General
Topic: U.S. & International Allocation
Replies: 36
Views: 3291

Re: U.S. & International Allocation

Great post!! It seems like Vanguard changed their views on this over the years, but Jack still feels that international is not necessary. I will keep it simple and stay with my all U.S. portfolio because as we know we get built in diversification with the Total Stock or S&P with less risk. Why add m...
by stemikger
Mon Nov 06, 2017 7:27 am
Forum: Investing - Theory, News & General
Topic: "Probably the World's Best Investment Forum"
Replies: 34
Views: 4721

Re: "Probably the World's Best Investment Forum"

Congratulations to all!! I am so happy I found this forum and continue to learn and get inspired by it every day.
by stemikger
Sat Nov 04, 2017 11:42 pm
Forum: Investing - Theory, News & General
Topic: Paul Merriman on newest edition of “The Little Book of Common Sense Investing”
Replies: 22
Views: 3113

Re: Paul Merriman on newest edition of “The Little Book of Common Sense Investing”

Posted by Ron Scott Yep, 1.6%. This is exactly how I feel about the future too; the most valuable asset you have is your ability to earn and you'll have to work harder since your money isn't going to be working as hard for you. A wakeup call. What does the nominal return come up to? 3.6%, with infl...
by stemikger
Sat Nov 04, 2017 4:52 am
Forum: Investing - Help with Personal Investments
Topic: How has your AA philosophy changed over the years?
Replies: 45
Views: 3567

Re: How has your AA philosophy changed over the years?

Other than the first year or two I started investing and started reading, I always held a two fund portfolio. Reading Paul Farrell's book "The Lazy Person's Guide to Investing" changed my investing life. I held a 50/50 two fund couch potato portfolio that was created by Scott Burns. For many years i...
by stemikger
Sat Nov 04, 2017 4:00 am
Forum: Investing - Theory, News & General
Topic: Paul Merriman on newest edition of “The Little Book of Common Sense Investing”
Replies: 22
Views: 3113

Re: Paul Merriman on newest edition of “The Little Book of Common Sense Investing”

Posted by Ron Scott
Yep, 1.6%. This is exactly how I feel about the future too; the most valuable asset you have is your ability to earn and you'll have to work harder since your money isn't going to be working as hard for you. A wakeup call.
What does the nominal return come up to?
by stemikger
Fri Nov 03, 2017 5:32 pm
Forum: Investing - Theory, News & General
Topic: What are you up YTD? [Year To Date]
Replies: 1584
Views: 281845

Re: What are you up YTD? [Year To Date]

Here are my stats: Vanguard Institutional Index Fund - 60% Blackrock U.S. Debt Index fund - 40% (All U.S.) Personal rate of return from 10/01/2016 to 10/31/2017 is 14.03% Any particular reason for using 13 months? lol. No, just my inability to change it in the 401K settings. lol Let me try again: 1...
by stemikger
Fri Nov 03, 2017 4:16 pm
Forum: Investing - Theory, News & General
Topic: Paul Merriman on newest edition of “The Little Book of Common Sense Investing”
Replies: 22
Views: 3113

Re: Paul Merriman on newest edition of “The Little Book of Common Sense Investing”

Thanks for posting. I'm still sticking to my all U.S. two fund portfolio. The reason being, is it fits my risk tolerance (comfort zone). 24 years of not holding it tells me, my two fund (all U.S. portfolio) will get me there also. I don't necessarily disagree with international investing in equities...
by stemikger
Fri Nov 03, 2017 4:07 pm
Forum: Investing - Theory, News & General
Topic: What are you up YTD? [Year To Date]
Replies: 1584
Views: 281845

Re: What are you up YTD? [Year To Date]

Here are my stats:

Vanguard Institutional Index Fund - 60%
Blackrock U.S. Debt Index fund - 40%
(All U.S.)

Personal rate of return from 10/01/2016 to 10/31/2017 is 14.03%
by stemikger
Tue Oct 31, 2017 5:55 pm
Forum: Investing - Help with Personal Investments
Topic: My 401k is almost all cash now. 1/2 Mil
Replies: 89
Views: 8843

Re: My 401k is almost all cash now. 1/2 Mil

John Bogle has 65 years of experience and one thing he tells people over and over again is to never be all in or all out of the market. Stick with a balanced approach (an Asset Allocation you can live with in bull and bear) and stay the course. You are going to have a very long and hard investing li...
by stemikger
Mon Oct 30, 2017 2:38 pm
Forum: Investing - Help with Personal Investments
Topic: New Jack Bogle Interview on Investing
Replies: 4
Views: 820

Re: New Jack Bogle Interview on Investing

Thanks for posting, I'll check them out later.
by stemikger
Sun Oct 29, 2017 12:00 pm
Forum: Investing - Theory, News & General
Topic: Revised Version The Little Book of Common Sense...
Replies: 31
Views: 3892

Re: Revised Version The Little Book of Common Sense...

Taylor Larimore wrote:
Thu Oct 19, 2017 3:22 pm
Bogleheads:

Amazon intends to ship Jack's book to me on the 25th.

I can hardly wait. We loved his first edition. I intend to extract valuable quotes and add them to my

Investment Gems.

Best wishes.
Taylor
Thank you Taylor. I will just wait for your gems.
by stemikger
Fri Oct 27, 2017 6:24 am
Forum: Investing - Help with Personal Investments
Topic: International Returns this month
Replies: 19
Views: 1697

Re: International Returns this month

Don't you hold it for the diversification? I don't hold it at all because John Bogle makes a great case for not needing it, but month to month returns should not matter whether for or against it. . . or it really doesn't matter much. I never held it and in the long term, I don't think it will really...
by stemikger
Fri Oct 27, 2017 5:38 am
Forum: Investing - Theory, News & General
Topic: Taylor's New Book: The Bogleheads' Guide to The Three-Fund Portfolio
Replies: 84
Views: 11050

Re: Taylor's New Book: The Bogleheads' Guide to The Three-Fund Portfolio

Taylor, it would be great if you add the story of your Grandfather losing his life savings. That story has helped me when I forget my risk tolerance. Maybe it could be in the section about risk? Just a suggestion. Really looking forward to it.
by stemikger
Fri Oct 27, 2017 2:23 am
Forum: Investing - Help with Personal Investments
Topic: Index investing is boring
Replies: 63
Views: 5564

Re: Index investing is boring

Anyone else find that the index investing boring. I find no excitement in it. Yes it is very boring. Once you set your asset allocation all you do is add to it. I suggest you learn how to trade. That's where the excitement is. Use lots of leverage. Make sure it is in the riskiest assets because tha...
by stemikger
Thu Oct 26, 2017 3:57 pm
Forum: Investing - Help with Personal Investments
Topic: All in VANGUARD is that ok??
Replies: 64
Views: 8601

Re: All in VANGUARD is that ok??

Upon retirement, I plan to be all in with Vanguard and only one fund. The Vanguard Balanced Index Fund. Right now, I'm almost all in except my 401K uses Blackrock for their bond funds. Other than that, I'm Vanguard Institutional Index and Blackrock U.S. Debt Index. Small IRA as a holding place for w...
by stemikger
Mon Oct 23, 2017 9:21 pm
Forum: Investing - Help with Personal Investments
Topic: Bonds at Age 50?
Replies: 17
Views: 1656

Re: Bonds at Age 50?

Age 53. Holding steady at 60/40 and will probably stay there well into retirement which I'm hoping is another 10 years.