Search found 4392 matches

by stemikger
Mon Sep 25, 2017 5:29 pm
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 2958
Views: 866460

Re: What Movie Have You Recently Watched?

Went to see Mother with Jennifer Lawrence and Javier Bardem.

You will either think it is a masterpiece or the worst movie you have ever seen.

I think it was a masterpiece. Don't think it is possible to be middle of the road with this movie. It flopped in the box office for that reason.
by stemikger
Mon Sep 25, 2017 12:52 pm
Forum: Personal Consumer Issues
Topic: Do you avoid risky adventures once you have the money?
Replies: 64
Views: 2553

Re: Do you avoid risky adventures once you have the money?

Money can be replaced, your life can't, so money has nothing to do with it. Having said that, I find at my current age 53 I got a little more chicken when it comes to thrill rides and the such (which I used to love). I bungee jumped and stuff like that but I don't think I can do it today. I find it ...
by stemikger
Mon Sep 25, 2017 12:44 pm
Forum: Personal Consumer Issues
Topic: Any books really change your outlook on life?
Replies: 300
Views: 48244

Re:

since i wasnt raised to save or invest, and i used to HATE reading.. the following 2 basics surely changed my life - automatic millionare - coffeehouse investor +1 I agree. After watching my Mom lose everything and become homeless after my dad died, I was still young enough 22 to realize I need to ...
by stemikger
Sat Sep 23, 2017 1:27 pm
Forum: Investing - Help with Personal Investments
Topic: Asset Allocation for mid 50 age group
Replies: 35
Views: 2262

Re: Asset Allocation for mid 50 age group

Age 53, 60/40 and will probably stay there for life.
by stemikger
Thu Sep 21, 2017 8:19 am
Forum: Local Chapters and Bogleheads Community
Topic: Bogleheads you would most like to meet and why?
Replies: 79
Views: 4358

Re: Bogleheads you would most like to meet and why?

Grt2bOutdoors wrote:
Wed Sep 20, 2017 10:31 am
Stemikger - we can talk about the Balanced index fund and the High Line
LOL. Any time Brother!! :beer
by stemikger
Thu Sep 21, 2017 6:15 am
Forum: Investing - Theory, News & General
Topic: AA if you were just starting out again
Replies: 49
Views: 3418

Re: AA if you were just starting out again

climber2020 wrote:
Thu Sep 21, 2017 5:54 am
Ari wrote:
Thu Sep 21, 2017 3:28 am


Today I've sold all my Vanguard funds and use local funds to keep complexity and tax costs low. I'm still 100% stock, and I wouldn't have it any other way.
What are local funds? I haven't heard about that before.
Me neither. Something having to do with localities?
by stemikger
Thu Sep 21, 2017 5:23 am
Forum: Investing - Theory, News & General
Topic: AA if you were just starting out again
Replies: 49
Views: 3418

Re: AA if you were just starting out again

I would stop second guessing my plan and stick with it instead of jumping around so much. Possibly 60/40 for life and never even look at it. That's what I'm doing now, but it took me this long to get here. I never invested in international funds, that is something I would not change. I'm happy I lis...
by stemikger
Tue Sep 19, 2017 11:54 pm
Forum: Local Chapters and Bogleheads Community
Topic: Bogleheads you would most like to meet and why?
Replies: 79
Views: 4358

Re: Bogleheads you would most like to meet and why?

Here is my short list. Taylor Larimore - Because he is almost identical (sans international) to Mr. Bogle's investment advice and giving spirit. Nisprius - Because his fountain of knowledge fascinates me and I've learned a lot from him. Toons - Because he is always so encouraging and positive Having...
by stemikger
Mon Sep 18, 2017 8:13 am
Forum: Investing - Theory, News & General
Topic: Good books for bond investing?
Replies: 16
Views: 1172

Re: Good books for bond investing?

I personally don't and I'm afraid even if I did, I would be unable to read it because of the the technical and boredom of such a book. What I do find interesting and helpful is going to You Tube and watching the videos from Vanguard on the subject of bonds. All of their videos are excellent and embo...
by stemikger
Mon Sep 18, 2017 7:48 am
Forum: Investing - Theory, News & General
Topic: "Goldman's Bear Market Indicator Shows Crash Dead Ahead"
Replies: 33
Views: 4856

Re: "Goldman's Bear Market Indicator Shows Crash Dead Ahead"

When the bull dies and a correction happens, I rebalance my portfolio, so I get some stocks on sale.
by stemikger
Sun Sep 17, 2017 9:45 am
Forum: Investing - Theory, News & General
Topic: Article--The reason Jack Bogle doesn’t fly first class says everything about his investing legacy
Replies: 51
Views: 3932

Re: Article--The reason Jack Bogle doesn’t fly first class says everything about his investing legacy

I dunno. I invest like Bogle but I still fly first class. I'm more interested in maximizing my quality of life than I am in being the richest guy in the cemetery. IMHO quality of life has nothing to do with luxuries. I find myself happiest when I live in a minimalist way. Having said that, I know e...
by stemikger
Sat Sep 16, 2017 9:00 am
Forum: Personal Finance (Not Investing)
Topic: Mother-In-Law dying, Wife wants to buy a Porsche
Replies: 51
Views: 5006

Re: Mother-In-Law dying, Wife wants to buy a Porsche

I stopped reading after your wife said sweet ass Porsche.

Anyone who equates happiness with material items will never be happy. In all due respect, I think she would be better served going to counseling.

Good Luck!
by stemikger
Fri Sep 15, 2017 10:12 am
Forum: Personal Consumer Issues
Topic: Is it really Worth it to brown bag your lunch at work?
Replies: 313
Views: 17365

Re: Is it really Worth it to brown bag your lunch at work?

new2bogle wrote:
Fri Sep 15, 2017 10:01 am
wrongfunds wrote:
Fri Sep 15, 2017 9:09 am
Where has LadyGeek vanished? This thread has been "spoiled" for a while now and really needs to be "thrown out" in the trash. Every time I read new replies, I get the Groundhog Day feeling.
Then stop reading it.
+1

Ditto!!
by stemikger
Fri Sep 15, 2017 10:11 am
Forum: Personal Consumer Issues
Topic: Is it really Worth it to brown bag your lunch at work?
Replies: 313
Views: 17365

Re: Is it really Worth it to brown bag your lunch at work?

I work midnights (downtown Manhattan). Not a lot of places are open that time, but the places that are range from 10 to 15 for lunch. It's worth it for me.
by stemikger
Fri Sep 15, 2017 12:26 am
Forum: Investing - Theory, News & General
Topic: Ted Seides "Why I lost My Bet With Warren Buffett" - Bloomberg
Replies: 94
Views: 11793

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

It sounds like he knew he was at a great disadvantage and saying how the S&P is the gold standard. WHY THE HELL DID HE STICK HIS NECK OUT!! Not exactly the way to promote Hedge Funds. It's always easy to be a Monday morning quarterback at the end of a bet. He sounds smart enough to have known better.
by stemikger
Wed Sep 13, 2017 10:50 pm
Forum: Personal Finance (Not Investing)
Topic: Milestone Reached - "Quarter Millionaire!"
Replies: 41
Views: 4627

Re: Milestone Reached - "Quarter Millionaire!"

student wrote:
Wed Sep 13, 2017 12:35 pm
Congratulations. This is substantially more than what I had at 34.
Me too! Congratulations!# :beer
by stemikger
Wed Sep 13, 2017 7:01 am
Forum: Investing - Theory, News & General
Topic: Another New Investor (Market Timing)
Replies: 36
Views: 2445

Re: Another New Investor (Market Timing)

I didn't read the other replies yet, but will you mind emailing me the secret sauce for 15% returns. lol
by stemikger
Wed Sep 13, 2017 12:38 am
Forum: Personal Finance (Not Investing)
Topic: The 10 year car ownership "rule"
Replies: 95
Views: 10263

Re: The 10 year car ownership "rule"

Never heard of this rule, but I do it because a car (for most average people) is the second biggest purchase they will make. Although I love a new car, I also take pride in holding a car as long as I can. I do this because I live beneath my means and feel leasing a new car every few years like many ...
by stemikger
Fri Sep 08, 2017 2:40 pm
Forum: Investing - Help with Personal Investments
Topic: [Just setup Vanguard account, looking for good strategy]
Replies: 8
Views: 786

Re: [Just setup Vanguard account, looking for good strategy]

Oh your going to be so rich!! You are so young, if you start now, you will have a lot of money when you are still young.

I would make it simple and go with a Target Retirement Fund.
by stemikger
Fri Sep 08, 2017 7:37 am
Forum: Investing - Help with Personal Investments
Topic: How many funds in your retirement accounts?
Replies: 56
Views: 4662

Re: How many funds in your retirement accounts?

IRA - 1 fund. Vanguard Balanced Index

401k _ 2 funds. Vanguard Institutional Index and Blackrock US debt index fund
by stemikger
Thu Sep 07, 2017 10:31 pm
Forum: Personal Consumer Issues
Topic: Flaunt Your High-Mileage Car
Replies: 350
Views: 38858

Re: Flaunt Your High-Mileage Car

09 Nissan Versa 100,000 miles. I love how I can park anywhere. Who cares about dings. My goal is to to drive it four more years.
by stemikger
Thu Sep 07, 2017 3:46 pm
Forum: Investing - Theory, News & General
Topic: Do you use lifestrategy/ asset allocation funds?
Replies: 77
Views: 12733

Re: Do you use lifestrategy/ asset allocation funds?

I use the plain vanilla balanced index fund in my IRA. When I retire from my job, I will move my entire 401K into that fund. I love the simplicity of the balanced index and how it is the essence of what John Bogle has been teaches all these years. I'm one of those strange folks who don't think inter...
by stemikger
Wed Sep 06, 2017 10:24 pm
Forum: Personal Consumer Issues
Topic: Name something you had to have and now you regret purchasing it?
Replies: 275
Views: 23425

Re: Name something you had to have and now you regret purchasing it?

My huge treadmill that takes up too much space in my bedroom
by stemikger
Wed Sep 06, 2017 9:45 pm
Forum: Personal Consumer Issues
Topic: Companies/Brands You Love?
Replies: 156
Views: 9434

Re: Companies/Brands You Love?

Amazon - love everything about them Costco - Awesome products and I love their Kirkland brand. I can walk around there for a couple of hours Nissan - After owning two terrible Fords, my little Nissan Versa showed me that a car can be low maintenance Payless - Love their shoes (Dexter) Lee casual pan...
by stemikger
Sun Sep 03, 2017 8:01 pm
Forum: Investing - Theory, News & General
Topic: What are you up YTD? [Year To Date]
Replies: 1462
Views: 260412

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

TomCat96 wrote:
Sun Sep 03, 2017 7:25 pm
+22.17% YTD

Risk assumed was far in excess of 100% stocks. (i'll write about this later)
I'm sure this was not attained from being a Boglehead, but good for you. For the average BH, I'm sure it would not pass the risk test.

Leverage?
by stemikger
Sun Sep 03, 2017 10:28 am
Forum: Investing - Theory, News & General
Topic: Hedge Funds with vanilla strategies
Replies: 9
Views: 1228

Re: Hedge Funds with vanilla strategies

Well, you could buy Berkshire Class B or just do what Warren has been telling the average investor to do. 90% S&P low cost index fund and 10% in U.S. Treasuries. Done. Or, you could study value investing and try your hand at that. As far as hedge funds go, Cliff Asness has the honorable distinction ...
by stemikger
Sat Sep 02, 2017 4:27 pm
Forum: Investing - Theory, News & General
Topic: What are you up YTD? [Year To Date]
Replies: 1462
Views: 260412

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

My portfolio is:

Vanguard Institutional Index Fund - 60%
Blackrock U.S. Debt Index Fund - 40%

My personal rate of return from 01/01/2017 to 08/31/2017 is 8.71%

Personal Rate of Return
For one year is 11.18%
by stemikger
Sat Sep 02, 2017 7:26 am
Forum: Investing - Theory, News & General
Topic: Robert Kiyosaki - rich dad, poor dad
Replies: 45
Views: 4427

Re: Robert Kiyosaki - rich dad, poor dad

His financial advise is very vague, and IMHO is designed to sell more books and get naïve people to pay for his seminars. Nothing useful. Yep!! That's an old trick, but I must say he's pretty good at it. He never reveals his secrets, you have to pay up for that. And finally after spending thousands...
by stemikger
Sat Sep 02, 2017 7:25 am
Forum: Investing - Theory, News & General
Topic: Robert Kiyosaki - rich dad, poor dad
Replies: 45
Views: 4427

Re: Robert Kiyosaki - rich dad, poor dad

bottlecap wrote:
Sat Sep 02, 2017 6:34 am
Books I found more credible:

"War of the Worlds," by H.G. Wells

"Harry Potter and the Philosopher's Stone," by J.K. Rowling

"The Yellow Stream," by I.P. Freely

:wink:
lol. I will add one to your list. Everything Men know about Women. It's 300 blank pages.
by stemikger
Fri Sep 01, 2017 7:28 am
Forum: Investing - Theory, News & General
Topic: New Book by Peter Bernstein
Replies: 8
Views: 3558

Re: New Book by Peter Bernstein

EvelynTroy wrote:
Fri Sep 01, 2017 6:42 am
Agree 100% re to 60/40.
Yes he passed away 2009.
OP is from 2007

Evelyn
Thanks!
by stemikger
Fri Sep 01, 2017 12:34 am
Forum: Investing - Theory, News & General
Topic: New Book by Peter Bernstein
Replies: 8
Views: 3558

Re: New Book by Peter Bernstein

Is this the same Peter Bernstein who wrote the 60/40 solution and later recanted that advice?

I thought he was dead. lol. Sorry Mr. Bernstein.

Thanks for the info.

P.S. I still feel the 60/40 solution is timeless advice and I myself follow it.
by stemikger
Wed Aug 30, 2017 5:15 pm
Forum: Personal Consumer Issues
Topic: How do you reverse a lifetime of frugality and learn to spend some money?
Replies: 59
Views: 6274

Re: How do you reverse a lifetime of frugality and learn to spend some money?

I was extremely frugal throughout my working years and saved enough money to retire at age 49. I'm now 56 and I have to admit I still worry about spending money on anything but the bare necessities . I have zero debt and my home is paid for. You shouldn't have fear, but you don't need to spend mone...
by stemikger
Tue Aug 29, 2017 11:41 pm
Forum: Investing - Help with Personal Investments
Topic: Should I Go 100% Into Stocks?
Replies: 24
Views: 2099

Re: Should I Go 100% Into Stocks?

Slow and steady wins the race. You have been given great advice thus far. Stick with the boring balanced index fund and don't take on more equity risk. Keep adding to your simple, boring balanced fund and you will get there. We all say 100% stocks which going forward should almost certainly do bette...
by stemikger
Tue Aug 29, 2017 4:00 pm
Forum: Investing - Theory, News & General
Topic: Why not just buy BRK.B or BRK.A?
Replies: 49
Views: 3743

Re: Why not just buy BRK.B or BRK.A?

Going forward, Berkshire is so large, I don't think the returns will be much different than the S&P, so why not just own 499 more companies and buy the index. Now, if I could go back in time and meet with a young Warren B., that would be the time to buy, but I'm sure I would not be smart enough to r...
by stemikger
Tue Aug 29, 2017 9:19 am
Forum: Investing - Theory, News & General
Topic: Why not just buy BRK.B or BRK.A?
Replies: 49
Views: 3743

Re: Why not just buy BRK.B or BRK.A?

Robert P. Miles wrote a book about this very thing and something he practices. It is his only investment. The Title of the book is 101 Reasons to own the World's Greatest Investment ~ Warren Buffett's Berkshire Hathaway. https://www.amazon.com/101-Reasons-Worlds-Greatest-Investment/dp/0471430463/ref...
by stemikger
Tue Aug 29, 2017 6:56 am
Forum: Investing - Theory, News & General
Topic: Warren Buffett on America
Replies: 9
Views: 2953

Re: Warren Buffett on America

chuppi wrote:
Mon Aug 28, 2017 8:44 pm
Thanks for posting.
I can watch Buffet speak all day and won't be tired of it.
Great sense of humor, abundance of wisdom, great vision and yet so down to earth.
+1

Me too! I can hardly make it through a movie these days, but I can watch Warren speak for hours.
by stemikger
Sun Aug 27, 2017 8:26 am
Forum: Investing - Theory, News & General
Topic: John Bogle video (discusses international)
Replies: 44
Views: 3897

Re: John Bogle video (discusses international)

True, but many international fans also ignore reversion to the mean. The S&P now gets 50% of its revenues through international, so you get it without the added cost and IMHO risk. US has outperformed International for some years, would reversion to the mean not suggest that international is now se...
by stemikger
Sun Aug 27, 2017 7:28 am
Forum: Investing - Theory, News & General
Topic: John Bogle video (discusses international)
Replies: 44
Views: 3897

Re: John Bogle video (discusses international)

Call_Me_Op wrote:
Sun Aug 27, 2017 7:08 am
Jack appears to ignore the one good reason to invest internationally and that is greatly increased diversification.
True, but many international fans also ignore reversion to the mean.

The S&P now gets 50% of its revenues through international, so you get it without the added cost and IMHO risk.
by stemikger
Sat Aug 26, 2017 5:52 pm
Forum: Personal Finance (Not Investing)
Topic: All areas will have Obamacare plan in 2018
Replies: 14
Views: 1673

Re: All areas will have Obamacare plan in 2018

dm200 wrote:
Sat Aug 26, 2017 3:19 pm
Saw this article stating that it is projected that the entire country will have at least one Obamacare plan for 2018.

http://www.pbs.org/newshour/rundown/oba ... insurance/
Thanks for the update! It will help a lot of people.
by stemikger
Fri Aug 25, 2017 11:39 pm
Forum: Investing - Theory, News & General
Topic: John Bogle video (discusses international)
Replies: 44
Views: 3897

Re: John Bogle video (discusses international)

Maybe a complete noob question but if Jack is so sure of International why do VG LifeStrat and TR funds hold so much international? Vanguard and Jack Bogle act independently of each other. Bogle had heart problems in the 1990s and, in 1996, he relinquished his role as Vanguard CEO to John J. Brenna...
by stemikger
Fri Aug 25, 2017 10:04 pm
Forum: Investing - Theory, News & General
Topic: John Bogle video (discusses international)
Replies: 44
Views: 3897

Re: John Bogle video (discusses international)

Since the US verse International debate is something I pay attention to, I find this video and thread wonderful. I am in no way an authority on anything regarding investing. I am not speaking as one. As someone who wants to learn, I wish these topics (when they are being debated publicly on this fo...
by stemikger
Fri Aug 25, 2017 7:04 pm
Forum: Investing - Theory, News & General
Topic: John Bogle video (discusses international)
Replies: 44
Views: 3897

Re: John Bogle video (discusses international)

I remember when I started my job in 1995, my 401K had a lot of options, but not one international option. I'm not sure all that much changed since then, but now they offer two options. My guess is, it really is how comfortable you are with this advice. For the record, John Bogle and Warren Buffett d...
by stemikger
Fri Aug 25, 2017 5:14 pm
Forum: Investing - Theory, News & General
Topic: John Bogle video (discusses international)
Replies: 44
Views: 3897

Re: John Bogle video (discusses international)

Jack knows many don't agree, but I really believe, it won't hurt much if you add it, but it is not necessary. I like what he says about investing in dollars and what about currency risk? Also, international investing is riskier, so why not just hold all your equities in the U.S. where right now and...
by stemikger
Fri Aug 25, 2017 4:16 pm
Forum: Investing - Theory, News & General
Topic: John Bogle video (discusses international)
Replies: 44
Views: 3897

Re: John Bogle video (discusses international)

Jack knows many don't agree, but I really believe, it won't hurt much if you add it, but it is not necessary. I like what he says about investing in dollars and what about currency risk? Also, international investing is riskier, so why not just hold all your equities in the U.S. where right now and ...
by stemikger
Thu Aug 24, 2017 7:00 pm
Forum: Investing - Help with Personal Investments
Topic: Are US S&P 500 Index funds speculative investments?
Replies: 63
Views: 4342

Re: Are US S&P 500 Index funds speculative investments?

Buying and holding the S&P for life is not speculating. You hold it when it is high and when it is low and hold a percentage of bonds for ballast.
by stemikger
Thu Aug 24, 2017 6:44 pm
Forum: Investing - Theory, News & General
Topic: John Bogle video (discusses international)
Replies: 44
Views: 3897

John Bogle video (discusses international)

I know this debate is as old as time, but I have been looking for this one particular video and I finally found it. For those interested in hearing Jack's view here it is. For the record, I hold no international, so you know where I stand. I agree 100% with what Jack says here. Enjoy https://www.you...
by stemikger
Wed Aug 23, 2017 9:23 am
Forum: Personal Finance (Not Investing)
Topic: "I'm Bill Bengen, and I first proposed the 4% safe withdrawal rate in 1994. Ask me anything!"
Replies: 119
Views: 13778

Re: "I'm Bill Bengen, and I first proposed the 4% safe withdrawal rate in 1994. Ask me anything!"

flyingaway wrote:
Wed Aug 23, 2017 8:32 am
Based on his research, it seems that asset allocation of 50/50 is close to be the best in retirement for 4.5% SWR. I got to buy more bonds.
That's good news, I'm 60/40. Close enough?
by stemikger
Tue Aug 22, 2017 10:55 pm
Forum: Investing - Theory, News & General
Topic: Great Depression Videos on You Tube
Replies: 23
Views: 2549

Re: Great Depression Videos on You Tube

Link to video P.S. i am boringly over $1m. With a very boring asset allocation. I sleep quite well at night - also boring. How old was the 100% stocks guy? He was close to 60 but had a great pension due to being a retired NYPD police captain. That was all I kept on saying to myself. Sure, if I had ...