Search found 1253 matches

by steve roy
Mon May 23, 2016 12:03 pm
Forum: Personal Consumer Issues
Topic: WW2 Books & Education
Replies: 91
Views: 2841

Re: WW2 Books & Education

A good overview: The Second World War, Antony Beevor Some of my personal favorites: Citizen Soldiers, Stephen Ambrose Band of Brothers, Stephen Ambrose The Good War, Studs Terkel WIth the Old Breed, At Peleliu and Okinawa - E.B. Sledge Guadalcanal Diary, Richard Tregaskis Night, Elie Wiesel Soldat,...
by steve roy
Fri May 20, 2016 12:03 pm
Forum: Personal Consumer Issues
Topic: series/ movies filmed in your home town?
Replies: 83
Views: 2457

Re: series/ movies filmed in your home town?

I live in L.A., so it's pointless to name movies filmed here. But this, about "It's A Wonderful Life" (set in upstate New York) is semi-interesting: http://drawnonadime.blogspot.com/2007/12/its-wonderful-life-then-now.html Bedford Falls in "It's a Wonderful Life" is patterned aft...
by steve roy
Tue May 17, 2016 5:57 pm
Forum: Personal Consumer Issues
Topic: Las Vegas in July
Replies: 34
Views: 2923

Re: Las Vegas in July

If you're lucky enough to park your car in a non-covered lot in Vegas during July, bring your knitted pot holders.

You'll need them to manipulate door handles and the steering wheel of your vehicle.
by steve roy
Tue May 17, 2016 12:27 pm
Forum: Investing - Help with Personal Investments
Topic: IF YOU TILT small cap, DO YOU PAIR SP500 or TSM with it?
Replies: 43
Views: 2594

Re: IF YOU TILT small cap, DO YOU PAIR SP500 or TSM with it?

Here's what I do: 70% bonds*/30% stocks Bonds: Intermediate Term funds Stocks: 70% domestic , of which 50% is Total Stock Market/50% Small Cap Value 30% International , most of which is the Vanguard International Small Cap ETF I'm a believer that small cap/small cap value will earn more over time. A...
by steve roy
Sun May 15, 2016 9:44 pm
Forum: Personal Finance (Not Investing)
Topic: Destination, Not Journey?
Replies: 20
Views: 2275

Re: Destination, Not Journey?

I give you the wisdom of my youngest son:

"Dad? Life's a journey ... and we're ALL headed to the same place."

So strive to chill about it.
by steve roy
Sun May 15, 2016 4:11 pm
Forum: Personal Finance (Not Investing)
Topic: Rich But Middle Class
Replies: 233
Views: 20838

Re: Rich But Middle Class

My rule of thumb: The more money you make, the more options you have (both good and bad). You and the Mrs. should analyze where you are and prioritize . If you move to a lower-cost area and send your daughters to good public schools, your cash flow increases and that increases your options. If you a...
by steve roy
Sun May 15, 2016 1:49 am
Forum: Investing - Theory, News & General
Topic: Bogleheads® Wiki 2016 annual report
Replies: 21
Views: 1847

Re: Bogleheads® Wiki 2016 annual report

LOVE the Wiki. Great tool, great resource.
by steve roy
Tue May 10, 2016 5:26 pm
Forum: Investing - Theory, News & General
Topic: "The Value of Active Management" - a thoughtful analysis
Replies: 14
Views: 2758

Re: "The Value of Active Management" - a thoughtful analysis

On a related (but sad) note for active management enthusiasts*: Defeated managers, in assets globally ** Active managers missed hitting their benchmark in every case. http://ritholtz.com/2016/05/defeated-managers-assets-globally/ ** Apologies if this was put up elsewhere. Technoklutz that I am, I fa...
by steve roy
Tue May 10, 2016 4:46 pm
Forum: Investing - Help with Personal Investments
Topic: How often to rebalance?
Replies: 39
Views: 3500

Re: How often to rebalance?

I haven't rebalanced in years. My bands are wide (7%) and I find that things swing up and down over time.
by steve roy
Mon May 02, 2016 11:41 am
Forum: Personal Finance (Not Investing)
Topic: Sue your employer over 401k
Replies: 26
Views: 3479

Re: Sue your employer over 401k

Federal regulations have tightened, and there have been a number of lawsuits by 401(k) participants that have caused 401(k) trustees to look at the way they're running their plans. Bottom line: when Plan trustees ignore costs, and can't demonstrate that they've paid attention to that aspect of plan ...
by steve roy
Mon May 02, 2016 11:33 am
Forum: Personal Consumer Issues
Topic: How do Bogleheads TRAVEL?
Replies: 78
Views: 7778

Re: How to Bogleheads TRAVEL?

We book vacations as much as two years in advance. The Mrs. zips around the internet and looks for bargains, and we use lots of credit card points. (It also helps to have a son that is an exec with an airline and we can often fly gratis.) We'll be retiring a year hence and plan to do a lot more barg...
by steve roy
Wed Apr 27, 2016 1:58 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Manager Changes
Replies: 9
Views: 1021

Re: Vanguard Manager Changes

Good index fund managers do make a wee bit of difference, but yeah. It's not a major issue.

Vanguard people getting promoted up the ladder might be of interest to a few here.
by steve roy
Wed Apr 27, 2016 10:58 am
Forum: Investing - Theory, News & General
Topic: Vanguard Manager Changes
Replies: 9
Views: 1021

Vanguard Manager Changes

For the deep-research enthusiasts among us, this: Portfolio manager changes effective April 27 The annual prospectus updates effective April 27 for 14 Vanguard index funds reflect portfolio manager rotations within Vanguard Equity Index Group. Some of the individuals who are no longer named portfoli...
by steve roy
Sun Apr 17, 2016 7:41 pm
Forum: Investing - Theory, News & General
Topic: What are Pros and Cons to the "Four Hour Workweek?"
Replies: 99
Views: 11338

Re: What are Pros and Cons to the "Four Hour Workweek?"

Tonight, I had dinner with an old friend who is a successful entrepreneur. ... Guys, I left this dinner feeling like I missed out on something. I work 8-6 everyday, long commute, and I don't make 1/4 of what he makes. What am I missing? Did he build the dream life? Or are there cons to the Four Hou...
by steve roy
Sun Apr 17, 2016 7:26 pm
Forum: Investing - Help with Personal Investments
Topic: best way to go to cash/safer than stocks in Vanguard?
Replies: 16
Views: 1945

Re: best way to go to cash/safer than stocks in Vanguard?

I would say a short term bond fund or prime money market fund.
by steve roy
Sun Apr 17, 2016 7:22 pm
Forum: Investing - Help with Personal Investments
Topic: Core 4 vs Small
Replies: 9
Views: 963

Re: Core 4 vs Small

Look at the contest: '70s and '80s, with bonds long-term and otherwise being jacked to historic highs, then three decades of slowly deflating interest rates to keep bond valuations high. And stocks, after the big drop in '73-'74 and then bumping along for another eight years, had a steady climb whic...
by steve roy
Fri Apr 15, 2016 11:03 am
Forum: Investing - Theory, News & General
Topic: If wall street is rigged and corrupt , why invest in it?
Replies: 64
Views: 5061

Re: If wall street is rigged and corrupt , why invest in it?

You can avoid a lot of the "corruptions" (high-margin profit-taking) by avoiding hedge funds, expensive, actively-managed mutual funds, and diving into broad-market, lower cost index funds. Some companies game the system, but is that corruption? Maybe. All I know is that MY job as an inves...
by steve roy
Thu Apr 14, 2016 5:37 pm
Forum: Investing - Help with Personal Investments
Topic: Lazy portfolio - Mutual funds or ETFs?
Replies: 42
Views: 4683

Re: Lazy portfolio - Mutual funds or ETFs?

I purchase Vanguard Mutual Funds, Admiral share classes EXCEPT .... in the case of Vanguard FTSE All-World ex-US Small-Cap. For the small cap, I buy the ETF (VSS) because there is no Admiral share class available and I want the lower price offered in the ETF format. (Ordinarily, Vanguard ETFs are th...
by steve roy
Mon Apr 11, 2016 10:57 am
Forum: Investing - Help with Personal Investments
Topic: Tilt or no tilt (mid 40s, $4-5M)
Replies: 56
Views: 4928

Re: Tilt or no tilt (mid 40s, $4-5M)

I tilt to Small Cap Value: 40% Total Stock Market; 20% mid cap; 40% small cap value. (All Vanguard funds.) Tilting works fine for me, but I don't think it's the end-all and be-all. People who choose, say, Life-Strategy or Target Date funds will do fine ... and better than tilters at some points in t...
by steve roy
Thu Apr 07, 2016 12:06 pm
Forum: Personal Consumer Issues
Topic: I'm Addicted [to investing and personal finance]
Replies: 64
Views: 8808

Re: I'm Addicted

I can relate.

I spent a lot of time yesterday looking at this:

https://am.jpmorgan.com/blob-gim/138328 ... lebook.pdf

It's a little bit connected to my job, and I'm eight months from retirement so I don't feel too guilty goggling at the flat screen, but yeah. Can be addicting.
by steve roy
Tue Apr 05, 2016 1:29 pm
Forum: Personal Consumer Issues
Topic: What Book Are You Currently Reading? Part VI
Replies: 1551
Views: 350577

Re: What Book Are You Currently Reading? Part VI

"Inventing at Nation" by Gore Vidal. A short, pithy treatise on the founding of the nation, starring John Adams, Thomas Jefferson, Alexander Hamiltion, and George Washington. One of Vidal's few non-fiction books. He paints vivid portraits of the founders. A good review of the tome here: ht...
by steve roy
Sat Mar 26, 2016 11:29 pm
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 1623
Views: 338753

Re: What Movie Have You Recently Watched?

"Zootopia" is excellent on a variety of levels. It's also a pretty good police procedural.
by steve roy
Sat Mar 26, 2016 9:31 pm
Forum: Investing - Theory, News & General
Topic: "Mitigating the Risks of Cognitive Decline"
Replies: 45
Views: 5213

Re: "Mitigating the Risks of Cognitive Decline"

livesoft wrote:I keep seeing the thread title and thinking about how exercise mitigates cognitive decline.
Intensive exercise may keep the aging mind sharp


Turmeric helps. Melatonin helps. B-complex helps.

Oh. And be born of the right parents.
by steve roy
Thu Mar 24, 2016 11:58 am
Forum: Investing - Help with Personal Investments
Topic: Vanguard Admiral Shares Threshold vs. ETF: Small International ?
Replies: 11
Views: 570

Re: Vanguard Admiral Shares Threshold vs. ETF: Small International ?

I'm deep into Vanguard International Small Cap, and only buy ETFs because they are way less expensive than Mutual Fund shares.

Since I won't be selling any ETF shares during my lifetime, I'm good with it. Ease or trading won't enter in because I won't be trading.
by steve roy
Thu Mar 24, 2016 10:55 am
Forum: Investing - Theory, News & General
Topic: Can you be a Boglehead and not hold international equity?
Replies: 38
Views: 3322

Re: Can you be a Boglehead and not hold international equity?

stratton wrote:This appears to be turning into anther Boglehead "purity" thread.

:annoyed

Paul


How many John Bogles can dance on top of a silver dollar?
by steve roy
Wed Mar 23, 2016 6:47 pm
Forum: Investing - Theory, News & General
Topic: Can you be a Boglehead and not hold international equity?
Replies: 38
Views: 3322

Re: Can you be a Boglehead and not hold international equity?

John Bogle is not keen on foreign equities. Doesn't think they're necessary.

That being so, wouldn't it be logical to ask, "Can you hold foreign equities and STILL be a Boglehead?"

Frankly, I don't know the answer.
by steve roy
Wed Mar 23, 2016 11:53 am
Forum: Investing - Theory, News & General
Topic: ‘Rich Dad’ author says the 2016 market collapse is coming
Replies: 47
Views: 7169

Re: ‘Rich Dad’ author says the 2016 market collapse is coming

Well, bookmark it because it's a nice, clean, definite prediction and let's remember to look at again at the end of the year. ... Fortunately, Jeane Dixon is mostly forgotten now, but she was a "psychic" who had the kind of reputation that made her big predictions mainstream news. She pre...
by steve roy
Tue Mar 22, 2016 10:41 am
Forum: Personal Finance (Not Investing)
Topic: $1 Million+ Nest Egg From Less Than $100k Yearly Income
Replies: 45
Views: 8400

Re: $1 Million+ Nest Egg From Less Than $100k Yearly Income

I spent YEARS doing most things wrong. I had a "financial advisor" who took 2% off the top, thereby allowing me to earn less than I would have from the Vanguard S & P Index Fund. I chased performance, generally getting in at the top and out at the bottom. When I would read about an &qu...
by steve roy
Mon Mar 21, 2016 5:14 pm
Forum: Personal Finance (Not Investing)
Topic: What Fees does Vanguard charge for Admin 401k
Replies: 12
Views: 1336

Re: What Fees does Vanguard charge for Admin 401k

I'm the trustee of a 401(k) Plan that's been with two insurance companies acting as administrators, and now Vanguard. Vanguard has by far the most cost-effective admin. (The Plan on which I'm a trustee has $235 million in assets, and has been around for twenty-one years. Vanguard's 12 Target Date Fu...
by steve roy
Tue Mar 15, 2016 6:28 pm
Forum: Investing - Theory, News & General
Topic: How have your homes as investments done?
Replies: 154
Views: 11216

Re: How have your homes as investments done?

Here in sun-kissed California, the Mrs. and I have done well. $65k purchase price, sold for $254K. $318.5K purchase price, now worth $1.4 million. Vegas house: bought for $318k, now worth $490k. So the real estate holdings are UP. We're looking to sell the California property in 18 months. My main w...
by steve roy
Mon Mar 14, 2016 5:03 pm
Forum: Investing - Theory, News & General
Topic: podcast: Bogle on Bloomberg 'Masters in Business'
Replies: 29
Views: 2834

Jack Bogle and Barry Ritholtz

[Thread merged into here, see below. --admin LadyGeek]

Lengthy interview of Mr. Bogle by Mr. Ritholtz:

http://ritholtz.com/2016/03/mib-jack-bo ... founder-2/

And if it's already up and I missed it (a likely scenario) take this one down.
by steve roy
Mon Mar 14, 2016 12:10 pm
Forum: Investing - Theory, News & General
Topic: Difference in Equity sector diversification on Vanguard site
Replies: 11
Views: 681

Re: Difference in Equity sector diversification on Vanguard site

Might be a good idea to call Vanguard and ask what the deal is. Why the differences?
by steve roy
Sun Mar 13, 2016 1:50 am
Forum: Investing - Help with Personal Investments
Topic: Don't Peek
Replies: 33
Views: 4049

Re: Don't Peek

I look at the family portfolio two or three times a week. The Mrs. gets kerflempt when it goes south. I find I've been able to look at the ups and downs as though they're happening to somebody else. (I don't know WHY I've been able to divorce myself from getting emotional over dollar losses this tim...
by steve roy
Sat Mar 05, 2016 2:23 am
Forum: Personal Consumer Issues
Topic: Strong As a Rock
Replies: 3
Views: 969

Strong As a Rock

This should probably go into the "health and fitness" category ... Mark Webster saw the most ludicrous diet plan on the planet and decided to try it out. ... The movie star Dwayne “The Rock” Johnson, in order to maintain his legendary physique, eats more than 5,000 calories a day. The calo...
by steve roy
Thu Mar 03, 2016 5:39 pm
Forum: Investing - Help with Personal Investments
Topic: Do You Give Your Friends Investment Advice?
Replies: 58
Views: 4231

Re: Do You Give Your Friends Investment Advice?

I give lots of investment advice, always stating that I'm not a licensed anything. But my advice is always broad-brush: Investment in index funds, consider getting into a Life-Strategy or Target Date Fund, etc. I also say (0ver and over) that good (the best?) investment strategies are simple but exe...
by steve roy
Mon Feb 22, 2016 2:33 pm
Forum: Investing - Help with Personal Investments
Topic: Time to cut AA to international?
Replies: 45
Views: 3858

Re: Time to cut AA to international?

It's always the same here around the old homestead. Whatever allocation is sucky, that's the baby people start threads about. "Is It Time To Get Out of the Permanent Portfolio?" ... "Do You Think I'm Over-weighted in Small Cap Value? ... Energy Stocks ... REITs ... Pig Bellies ... Int...
by steve roy
Thu Feb 18, 2016 2:13 pm
Forum: Personal Consumer Issues
Topic: Weight Loss Plans?
Replies: 178
Views: 13329

Re: Weight Loss Plans?

I weighed 207-209 pounds in 1993. Cholesterol 236. I am 6 feet, 2 1/2 inches. I started changing my diet (moved away from MacDonald's fare, stopped eating what my small children left on the plate, etc.) Got down to 195, where I hit a plateau. Then it dawned on my that I needed to cut down portions e...
by steve roy
Tue Feb 16, 2016 6:17 pm
Forum: Investing - Help with Personal Investments
Topic: Am I well diversified?
Replies: 15
Views: 1808

Re: Am I well diversified?

Nothing to add to the consensus. Pay off loans (check).

Streamline number of funds (Double check).
by steve roy
Tue Feb 16, 2016 6:09 pm
Forum: Investing - Theory, News & General
Topic: The Rise and Fall of American Growth
Replies: 10
Views: 1665

Re: The Rise and Fall of American Growth

I think it's risky to predict where economies are going. Big growth might be behind us, or not. How many "wise men" have said: "All the significant inventions have been done, there is nothing left that will be a game-changer." And then, whattayaknow? Along comes a game-changer.
by steve roy
Fri Feb 12, 2016 2:14 pm
Forum: Personal Finance (Not Investing)
Topic: What is your decline in Net Worth as of today?
Replies: 96
Views: 10612

Re: What is your decline in Net Worth as of today?

I'm too lazy to figure it out. Up, I think. We bought a house in another city 2 1/2 years ago and it's price is up 60%. So it more than makes up for stock losses. But, like I say, I haven't noodled it out because it's irrelevant to my life and I'm slothful. So, for clarity's sake, put me in Nisi's c...
by steve roy
Tue Feb 02, 2016 8:21 pm
Forum: Investing - Help with Personal Investments
Topic: Wellesley vs Indexing
Replies: 10
Views: 2032

Re: Wellesley vs Indexing

Count me as another happy Wellesley participant. I've owned it for years, will be shifting it from my Roth IRA to my Rollover IRA in the next eighteen months, where it will be 8-12% of my asset allocation. Much as I like it, the fund isn't as broadly diversified as I like, so the majority of my (our...
by steve roy
Mon Feb 01, 2016 2:16 pm
Forum: Personal Finance (Not Investing)
Topic: Mint...working less, and less, and less
Replies: 42
Views: 7318

Re: Mint...working less, and less, and less

I'm a minimalist with this stuff. Too lazy to use Mint. To indifferent to balance a check book. The wife just noses through our checking account every day (at all hours) and asks me things like "Did you just spend $57 at Gourmet 88?!" (My response: "Yup. Took a bunch of guys out for l...
by steve roy
Sun Jan 31, 2016 5:20 pm
Forum: Local Chapters and Bogleheads Community
Topic: Roll Call for the Retirement Class of 2016!
Replies: 138
Views: 13459

Re: Roll Call for the Retirement Class of 2016!

EmergDoc wrote:How are we defining retirement?


Unstructured days. Lots of free time for recreational sleeping.
by steve roy
Sat Jan 30, 2016 6:09 pm
Forum: Local Chapters and Bogleheads Community
Topic: Roll Call for the Retirement Class of 2016!
Replies: 138
Views: 13459

Re: Roll Call for the Retirement Class of 2016!

I'm going out on December 6th, 2016, at the end of my current contract. (I won't re re-upping.)

I've got a lot of things planned in the first year of retirement, and I'm looking forward to it!
by steve roy
Wed Jan 27, 2016 11:25 pm
Forum: Investing - Theory, News & General
Topic: College endowments gain 2.4 percent in worst showing since 2012
Replies: 16
Views: 1952

Re: College endowments gain 2.4 percent in worst showing since 2012

Dale_G wrote:Actually they did pretty good - they only trailed my plain vanilla portfolio by 3.4% :D

Dale


Which consists of ... what?!
by steve roy
Wed Jan 27, 2016 5:05 pm
Forum: Investing - Help with Personal Investments
Topic: All in one funds in Taxable Acct?
Replies: 15
Views: 1470

Re: All in one funds in Taxable Acct?

I use tax exempt bonds in taxable. The returns have been okay, and I'm not using bonds for income, anyway.
by steve roy
Tue Jan 26, 2016 1:33 pm
Forum: Personal Consumer Issues
Topic: Do you pay for exercise?
Replies: 222
Views: 14979

Re: Do you pay for exercise?

For what it's worth: I pay $50 per year for a gym membership and use the membership infrequently. (Long story short, I bought the membership thirty-two years ago and it was a good deal then. There were a few decades where I used the offered facilities a lot, and the fifty bucks a year deal has long-...
by steve roy
Tue Jan 26, 2016 1:14 pm
Forum: Investing - Help with Personal Investments
Topic: 15 Year Return
Replies: 3
Views: 515

Re: 15 Year Return

With the decline here at the begging of the year, I'm amazed at how little my AA has changed in my TSP account. Still learning from you guys. Haven't made any changes since January 2015. Definitely trying to stay-the-course. Thanks all. I find that ... with all the ups and downs of the market .. my...
by steve roy
Mon Jan 25, 2016 1:46 pm
Forum: Investing - Help with Personal Investments
Topic: Moved my IRA to Vanguard. Have questions.
Replies: 15
Views: 1093

Re: Moved my IRA to Vanguard. Have questions.

VBINX has an ER of 23 basis points (investor shares), so not sure where your .34% comes from. If you're interested in "set and forget", I would suggest one of the Target Date Funds or LifeStrategy Funds because they're more broadly diversified and all you will need to do is dump money into...

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