Search found 3499 matches

by stemikger
Tue Feb 09, 2016 12:57 am
Forum: Investing - Theory, News & General
Topic: Jeremy Siegel : I was too bullish
Replies: 20
Views: 3893

Re: Jeremy Siegel : I was too bullish

Against that backdrop, Siegel said, "in the long-run, you're going to be rewarded [in stocks]," because price-to-earnings ratios are "extremely reasonable" on a historical basis and rates don't look like they're going higher. But he warned of near-term swings. Isn't this what Bo...
by stemikger
Fri Feb 05, 2016 5:49 pm
Forum: Investing - Theory, News & General
Topic: "John Bogle Dismisses Index Fund 'Danger'"
Replies: 13
Views: 3614

Re: "John Bogle Dismisses Index Fund 'Danger'"

Thank you Taylor! You and John Bogle are the calm reassuring voices to help us all Stay the Course!
by stemikger
Fri Feb 05, 2016 3:42 pm
Forum: Investing - Theory, News & General
Topic: What is Your Bond Allocation & Location
Replies: 38
Views: 3837

Re: What is Your Bond Allocation & Location

51 years old and 65/35 - all in my 401K i- n the Blackrock U.S. Debt Index Fund (equivalent to Vanguard's Total Bond Index).
by stemikger
Fri Feb 05, 2016 7:39 am
Forum: Personal Finance (Not Investing)
Topic: Retirees: What percentage of your expenses are covered by SS and/or pensions
Replies: 84
Views: 5326

Re: Retirees: What percentage of your expenses are covered by SS and/or pensions

None right now at age 59. Current plan is to wait until age 70 to claim SS and at that point I expect it will cover 45% - 55% assuming no major changes to the program. I didn't read all the replies, but this is a great thread. Just a reminder folks, unless you truly love what you are doing and it i...
by stemikger
Tue Feb 02, 2016 5:02 pm
Forum: Personal Consumer Issues
Topic: Heads Up Phone Scam [U.S. Treasury Phone Scam]
Replies: 1
Views: 421

Heads Up Phone Scam [U.S. Treasury Phone Scam]

I work nights and I just woke up to find this message on my answering machine. I knew right away it was a phone scam, but I know there are a lot of older folks here who might have their guard down and fall for this. As Bogleheads, I know we are a savvy group, but it doesn't hurt to let everyone know...
by stemikger
Tue Feb 02, 2016 10:26 am
Forum: Investing - Theory, News & General
Topic: Charles Ellis' suggested portfolios by age
Replies: 53
Views: 4057

Re: Warren Buffet's advice

Taylor Larimore wrote:stemikger:

Thank you for posting the important excerpt from Warren Buffet's Letter to Shareholders. It should be read by every investor.

Best wishes
Taylor


My pleasure Taylor! I agree, every investor will benefit from the advice and of course reading Jack's book!

:beer
by stemikger
Tue Feb 02, 2016 9:20 am
Forum: Investing - Theory, News & General
Topic: Charles Ellis' suggested portfolios by age
Replies: 53
Views: 4057

Re: Charles Ellis' suggested portfolios by age

BlackStrat wrote:55 and 70/30 although I wish I had been more conservative the last 1/2 year!


Wow! It appears I'm more conservative than I thought. I'm 51 and 65/35.

Mainly because of this video by Jack. It made the most sense to me.

https://www.youtube.com/watch?v=k6ra5POdsYg
by stemikger
Tue Feb 02, 2016 9:14 am
Forum: Investing - Theory, News & General
Topic: Charles Ellis' suggested portfolios by age
Replies: 53
Views: 4057

Re: Charles Ellis' suggested portfolios by age

Now at the ripe old age of 51, I am 65/35 stocks/bonds. I often see young investors visit us and post their asset allocation and some of them (not all) are very conservative. If I could go back to the age of 30 and was starting all over, I would definitely be much more aggressive because most peopl...
by stemikger
Tue Feb 02, 2016 9:12 am
Forum: Investing - Theory, News & General
Topic: Charles Ellis' suggested portfolios by age
Replies: 53
Views: 4057

Re: Charles Ellis' suggested portfolios by age

Deleted. Sorry duplicate post.
by stemikger
Tue Feb 02, 2016 6:18 am
Forum: Investing - Theory, News & General
Topic: Bogle vs. Vanguard on International Funds
Replies: 27
Views: 3619

Re: Bogle vs. Vanguard on International Funds

Do you tend to lean more towards Bogle, 100% domestic, more towards Vanguard: 60/40 split, or somewhere in the middle? I lean towards John Bogle because it is what keeps me on course. I am 51 and have never invested in international funds. I hold a very simple two fund portfolio which is the Vangua...
by stemikger
Tue Feb 02, 2016 4:11 am
Forum: Investing - Theory, News & General
Topic: Charles Ellis' suggested portfolios by age
Replies: 53
Views: 4057

Re: Charles Ellis' suggested portfolios by age

Even John Bogle tells us to look at social security as part of your fixed income and Warren Buffett is telling us to hold 90% in stocks and 10% in cash. Maybe it's time to focus more about the risk of losing purchasing power over time and running out of money and less about the short term volatilit...
by stemikger
Tue Feb 02, 2016 1:29 am
Forum: Investing - Theory, News & General
Topic: Charles Ellis' suggested portfolios by age
Replies: 53
Views: 4057

Re: Charles Ellis' suggested portfolios by age

Thanks for the responses! I am currently 65/35 and think I will stay the course!

Taylor, thank you for the gems by Charlie Ellis! I always learn something from them!
by stemikger
Mon Feb 01, 2016 3:56 pm
Forum: Investing - Theory, News & General
Topic: Charles Ellis' suggested portfolios by age
Replies: 53
Views: 4057

Charles Ellis' suggested portfolios by age

Every now and then I wonder if Bogleheads as a group are a bit too conservative. I didn't start investing until I was 30 and I was very conservative for my age back then. I held the Couch Potato Portfolio for many years which was 50% in the Total Stock Market Index or S&P and 50% in the Total Bo...
by stemikger
Mon Feb 01, 2016 7:51 am
Forum: Local Chapters and Bogleheads Community
Topic: One year of knowing Taylor Larimore
Replies: 15
Views: 2519

Re: One year of knowing Taylor Larimore

Thanks for sharing this great story! and might I add, none of this surprises me. Thank you Taylor for all you do!!!

:beer
by stemikger
Sun Jan 31, 2016 7:40 pm
Forum: Investing - Help with Personal Investments
Topic: Life Strategy Growth VASGX & Target Retirement 2035 VTTHX for IRA's
Replies: 11
Views: 1711

Re: Vanguard Lifestrategy vs Target Fund

Mr. Bogle has said he prefers the fixed allocation and over time has become increasingly worried about Target Date Funds. The jury is still out if the glide path is a good idea. His choice for a one fund solution is the Vanguard Balanced Index Fund, however, the Target Date fund is more diversified ...
by stemikger
Sat Jan 30, 2016 7:18 am
Forum: Personal Finance (Not Investing)
Topic: What age did you start maxing out your retirement contributions?
Replies: 65
Views: 4797

Re: What age did you start maxing out your retirement contributions?

Around 32 but many years, I stopped it due to unexpected financial issues. I'm 51 and now I save the max including catch-up provisions.

My wife works part time and never saved for retirement. I do it for the both of us.
by stemikger
Fri Jan 29, 2016 8:28 pm
Forum: Personal Finance (Not Investing)
Topic: Just not interested any more [in investing]
Replies: 42
Views: 7157

Re: Just not interested any more [in investing]

I go through this quite often. Having said that, it comes and goes in waves. I think it's normal to lose interest in a passion or hobby every now and then. It is in those moments we learn more about ourselves and it usually leads us to other places we never thought about before. I sometimes think I'...
by stemikger
Tue Jan 26, 2016 3:39 am
Forum: Local Chapters and Bogleheads Community
Topic: Happy Birthday Taylor!
Replies: 87
Views: 3696

Re: Happy Birthday Taylor!

Happy Birthday Taylor! There is no better person here to give us so many gems, because you my friend are the best one we have!

:beer
by stemikger
Mon Jan 25, 2016 11:55 am
Forum: Investing - Theory, News & General
Topic: Jack's nuances. [Jack Bogle vs. fixed income, bonds]
Replies: 44
Views: 3305

Re: Jack's nuances. [Jack Bogle vs. fixed income, bonds]

I think you could do worse than a Balanced fund, hold individual stocks and cash for example. But sooner or later you will execute an exit strategy, even if its merely to exit this mortal coil and leave everything to family. In which case a step up in cost basis may be your last executive action on...
by stemikger
Mon Jan 25, 2016 10:32 am
Forum: Investing - Help with Personal Investments
Topic: Another 100% stock thread!
Replies: 33
Views: 2822

Re: Another 100% stock thread!

You seem to have a good head on your shoulders and have weighed all your options.

Only you can answer this question. Having said that, I think your in good hands.

Good Luck!
by stemikger
Mon Jan 25, 2016 8:01 am
Forum: Investing - Theory, News & General
Topic: Jack's nuances. [Jack Bogle vs. fixed income, bonds]
Replies: 44
Views: 3305

Re: Jack's nuances. [Jack Bogle vs. fixed income, bonds]

Re-balancing into Bonds approaching retirement, to me, is an exit strategy.. and assumes you know enough about Bonds to make the best choice in the retirement scenario your easing into. I don't think Jack ever meant [one size fits all]. Assuming Social Security will be around for everyone, and at t...
by stemikger
Sun Jan 24, 2016 1:44 pm
Forum: Investing - Theory, News & General
Topic: Jack's nuances. [Jack Bogle vs. fixed income, bonds]
Replies: 44
Views: 3305

Re: Jack's nuances. [Jack Bogle vs. fixed income, bonds]

How many agree with Jack's nuances. Jack has said for many years use age in bonds as a very rough guide. Nuance One. Count Social Security as part of your fixed income allocation. I'm still not sure I agree yet. If this is the case, I could probably just stay with a 60/40 for life and never look ba...
by stemikger
Sun Jan 24, 2016 8:34 am
Forum: Investing - Theory, News & General
Topic: Jack's nuances. [Jack Bogle vs. fixed income, bonds]
Replies: 44
Views: 3305

Re: Jack's nuances.

When I put together my financial strategy, I assumed that I would live to age 100. After sleeping on it for awhile...I said to myself why don't I just get a 60% stocks/40% bonds fund (like the balanced index fund) & run with that for the next 80 years. It has good returns with a low ER. I think...
by stemikger
Sat Jan 23, 2016 5:23 pm
Forum: Personal Finance (Not Investing)
Topic: The Boglehead Way of Employment
Replies: 82
Views: 6627

Re: The Boglehead Way of Employment

Good luck to your daughter, and money certainly isn't everything, but more than likely she'll struggle with money her entire life if she intends to stay in social work. I did that too, for nearly a decade, before I realized that the warm and fuzzies don't mean a whole lot when I can barely support ...
by stemikger
Sat Jan 23, 2016 2:24 pm
Forum: Personal Finance (Not Investing)
Topic: The Boglehead Way of Employment
Replies: 82
Views: 6627

Re: The Boglehead Way of Employment

I think Buffett gives the best advice to young people when it comes to this. He has often said, when you come out of college don't take a job that you think would look good on your resume, that is like saving sex for old age. Take the job you would do for free. Find something that really lights you...
by stemikger
Sat Jan 23, 2016 11:21 am
Forum: Personal Consumer Issues
Topic: Stats on Americans 'cutting the cable' ?
Replies: 42
Views: 3583

Re: Stats on Americans 'cutting the cable' ?

I did it a couple of years ago and it is liberating. Anyone who likes to buck the system will love it. There is nothing better then telling folks who come over that we don't have cable. The look on their face is priceless. I think I would have gotten the same look if I would have killed someone. Go...
by stemikger
Sat Jan 23, 2016 11:13 am
Forum: Investing - Theory, News & General
Topic: Do you think Ric Edelman is correct, never pay down mortgage
Replies: 376
Views: 47272

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
Sat Jan 23, 2016 6:23 am
Forum: Investing - Theory, News & General
Topic: Three fund portfolio, why not sell covered calls?
Replies: 19
Views: 1220

Re: Three fund portfolio, why not sell covered calls?

So if I have my three fund portfolio all setup, why would it be unwise to sell covered calls on VTI at a slightly higher strike price each month? Since I am long on the market regardless, if I lose the ETF, I could simply just buy it back. It seems to me that as I buy back into the market each mont...
by stemikger
Sat Jan 23, 2016 5:52 am
Forum: Personal Finance (Not Investing)
Topic: The Boglehead Way of Employment
Replies: 82
Views: 6627

Re: The Boglehead Way of Employment

I think Buffett gives the best advice to young people when it comes to this. He has often said, when you come out of college don't take a job that you think would look good on your resume, that is like saving sex for old age. Take the job you would do for free. Find something that really lights you...
by stemikger
Fri Jan 22, 2016 9:46 pm
Forum: Personal Consumer Issues
Topic: Stats on Americans 'cutting the cable' ?
Replies: 42
Views: 3583

Re: Stats on Americans 'cutting the cable' ?

Don't have any stats, but I cut the cable in 2008 and never looked back. I stream all my content through roku and a smart tv. I do buy Netflix and have Amazon Prime. This is enough for me. One thing to consider, if you are a sports nut (I am not) you may find it hard to get all the sports that cable...
by stemikger
Fri Jan 22, 2016 6:23 pm
Forum: Personal Finance (Not Investing)
Topic: The Boglehead Way of Employment
Replies: 82
Views: 6627

Re: The Boglehead Way of Employment

Hi Bogleheads, I am trying to assess what your experience and wisdom is on the best way of the employment path during your lifetime. That is, if you had to pass your highest wisdom to a child or grandchild on the employment path, what would it be ? What would you advise in ways of job fulfillment, ...
by stemikger
Fri Jan 22, 2016 5:56 pm
Forum: Personal Consumer Issues
Topic: Vanguard Store Items
Replies: 51
Views: 3600

Re: Vanguard Store Items

Thanks for posting, I may get the mug and the lunch bag!

They did send me a nice calendar for free. It sits on a tiny easel and looks great on my desk.

I would love if they made a John Bogle Bobblehead! I would pay a decent amount for that item!!
by stemikger
Fri Jan 22, 2016 5:46 pm
Forum: Investing - Theory, News & General
Topic: Jack's nuances. [Jack Bogle vs. fixed income, bonds]
Replies: 44
Views: 3305

Re: Jack's nuances. [Jack Bogle vs. fixed income, bonds]

Wow!! Thank you all for such thought-provoking replies. I learn from this forum on so many levels and appreciate your input.

There are so many good replies, it will take me a long time to quote the ones that really made me think!

Steve

:beer
by stemikger
Fri Jan 22, 2016 11:17 am
Forum: Investing - Theory, News & General
Topic: Jack's nuances. [Jack Bogle vs. fixed income, bonds]
Replies: 44
Views: 3305

Jack's nuances. [Jack Bogle vs. fixed income, bonds]

How many agree with Jack's nuances. Jack has said for many years use age in bonds as a very rough guide. Nuance One. Count Social Security as part of your fixed income allocation. I'm still not sure I agree yet. If this is the case, I could probably just stay with a 60/40 for life and never look bac...
by stemikger
Fri Jan 22, 2016 7:59 am
Forum: Investing - Theory, News & General
Topic: Why Bogle?
Replies: 36
Views: 3467

Re: Why Bogle?

Many of us stumbled upon John Bogle as we were in search of the truth. We found that he is knowledgeable, honest, and his ideas are based upon common sense and "the relentless rules of humble arithmetic." In other words, it is hard to argue with the basic tenets of Bogle's philosophy beca...
by stemikger
Fri Jan 22, 2016 5:15 am
Forum: Investing - Theory, News & General
Topic: Why Bogle?
Replies: 36
Views: 3467

Re: Why Bogle?

Im curious why we choose to follow the Bogle ideals and to what extent we follow those ideals. is the Bogle ideology ever expanding and changing? Do we follow because we feel that is the best way to make money? How long have we been following? Is it just a fad that we will look back on in x years a...
by stemikger
Fri Jan 22, 2016 2:58 am
Forum: Investing - Help with Personal Investments
Topic: Market down - lost alot of $ - nervous..
Replies: 60
Views: 6852

Re: Market down - lost alot of $ - nervous..

Don't just do something, stand there ~ John C. Bogle
by stemikger
Fri Jan 22, 2016 12:37 am
Forum: Personal Consumer Issues
Topic: What was your biggest unexpected home expense?
Replies: 87
Views: 7268

Re: What was your biggest unexpected home expense?

Replacing an $8000 built in refrigerator after 2 1/2 years that we expected to last 12-15 years. It was just out of warranty of course. Ouch! Glad I stuck with my tried and true Kenmore at Sears. I think I paid $800 and it lasted 15 years. To the OP's question. Last year, I replaced my central air ...
by stemikger
Thu Jan 21, 2016 3:40 pm
Forum: Investing - Theory, News & General
Topic: Dave Ramsey recommends Active funds?
Replies: 35
Views: 2784

Re: Dave Ramsey recommends Active funds?

Hi all. I decided to check out Dave Ramsey's investment philosophy. And he's an advocate for actively managed mutual funds? I am shocked. With all of the evidence for passive investing...does anyone know what his specific recommendations are and what he is basing this on? Thank you. Take Dave's adv...
by stemikger
Thu Jan 21, 2016 10:38 am
Forum: Investing - Help with Personal Investments
Topic: Going from 50/50 US/Int to All US
Replies: 80
Views: 5187

Re: Going from 50/50 US/Int to All US

Who cares what anyone else thinks and I am sorry that includes Jack Bogle. I respect him a TON, but he has not done anything to tell me he is any better then guessing the future then anyone else with a crystal ball and that includes the psychic down the street. To listen to any "expert' itht o...
by stemikger
Thu Jan 21, 2016 7:50 am
Forum: Investing - Help with Personal Investments
Topic: Going from 50/50 US/Int to All US
Replies: 80
Views: 5187

Re: Going from 50/50 US/Int to All US

Guys...these are exactly the kind of responses I needed to hear. Thanks for telling me what I know deep down...but forgot because of the recent underperformance. I'll just stay the course and stay at 50/50...and I really like the idea of moving only 5% per year towards more US if I feel like I need...
by stemikger
Thu Jan 21, 2016 5:21 am
Forum: Investing - Help with Personal Investments
Topic: Going from 50/50 US/Int to All US
Replies: 80
Views: 5187

Re: Going from 50/50 US/Int to All US

Hi everybody. As you can tell I am seriously thinking of changing my asset allocation from half international to 0 international. I am reading more and more people whose opinions I respect say that int is unnecessary. Would love to read your collective thoughts on this. I am mid 30s, single, about ...
by stemikger
Wed Jan 20, 2016 3:30 pm
Forum: Investing - Help with Personal Investments
Topic: who is selling to day??
Replies: 34
Views: 3991

Re: who is selling to day??

just wondering to see if who is selling to day ??? Why in the world would you sell when the market was down. If you were in the market for a house or car would you rather pay more or less. Same thing no? Don't lock in your losses, if anything rebalance and ignore the market for the rest of the year.
by stemikger
Wed Jan 20, 2016 3:16 am
Forum: Investing - Help with Personal Investments
Topic: Please post your current portfolios--AA and your ages
Replies: 6
Views: 667

Re: Please post your current portfolios--AA and your ages

51 Me 55 Wife all tax deferred (401K) wife and husband (wife does not work) 25% tax bracket my current AA is 65/35 stock 65% -------------- Vanguard Institutional Index Fund bond 35% ------------ Blackrock U.S. Debt Index Fund Also have a small amount in a traditional IRA (which I pretty much ignore...
by stemikger
Tue Jan 19, 2016 11:21 pm
Forum: Investing - Help with Personal Investments
Topic: Shifting AA ahead of possible recession?
Replies: 17
Views: 1386

Re: Shifting AA ahead of possible recession?

Sounds like your risk tolerance is changing. IMHO that is the only reason you should change your AA. Be warned if we do not go into a recession and the market starts doing great, are you going to regret being a conservative investor? You really have to think about why you want to change your plan. S...
by stemikger
Tue Jan 19, 2016 4:55 pm
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 1438
Views: 275207

Re: What Movie Have You Recently Watched?

The Martian (Loved it)
The Danish Girl (Really liked it)
The Big Short (Liked it)

All worth seeing. However, some people may find the Big Short too technical to enjoy it.
by stemikger
Tue Jan 19, 2016 9:08 am
Forum: Personal Finance (Not Investing)
Topic: Real estate investment for newbie
Replies: 23
Views: 1843

Re: Real estate investment for newbie

Considering the time commitment, minimal diversification, higher costs, and liquidity drag, I would rethink the strategy. I prefer the simplicity is the Vanguard U.S. and International REIT Index funds. Minimal cost, a lot of diversification (over 700 top property companies), and cash flow from inc...
by stemikger
Mon Jan 18, 2016 4:53 pm
Forum: Investing - Theory, News & General
Topic: Thoughts On Motley Fool/BERKSHIRE
Replies: 11
Views: 1430

Re: Thoughts On Motley Fool/BERKSHIRE

No opinion on owning Berkshire for part of a portfolio, but I don't trust the Motley Fool. I constantly see pop up ads from them that have sensational titles so that you click on them. I feel there is something very fishy about them. They do have a wonderful interview with John Bogle on Youtube so m...
by stemikger
Mon Jan 18, 2016 4:21 pm
Forum: Investing - Help with Personal Investments
Topic: I can sleep at night but it is on my mind a lot
Replies: 60
Views: 3392

Re: I can sleep at night but it is on my mind a lot

GerryL wrote:
mule wrote:
My portfolio has $400,000. in cash and then I have 70/30 stocks and bonds worth 2.5M. I will need about $48,000. a year to live.


If THAT's not enough, then I'm hosed. (And I'm doing fine :wink: )


+1

Me too! :beer
by stemikger
Mon Jan 18, 2016 3:30 pm
Forum: Investing - Help with Personal Investments
Topic: Investment for children
Replies: 9
Views: 546

Re: Investment for children

tomdon wrote:I have about $1200 to invest for my child (4 yrs old) and feel that having the money in a savings account is not the best investment. Any advice? I am looking for something other than a 529 plan.


Here's one idea from John Bogle.

https://www.youtube.com/watch?v=y_tHhGtX-lA

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