Search found 1577 matches

by zaboomafoozarg
Fri May 27, 2016 6:34 am
Forum: Investing - Theory, News & General
Topic: WSJ article: Illinois pension fund adopting Boglehead philosophy
Replies: 19
Views: 2138

Re: WSJ article: Illinois pension fund adopting Boglehead philosophy

ofcmetz wrote:In other news, ofcmetz is adopting the new Illinois pension fund philosophy.


Hopefully not the one where you're at 40% of necessary levels for pension payments :shock:
by zaboomafoozarg
Fri May 27, 2016 6:16 am
Forum: Investing - Theory, News & General
Topic: The problem with predictions: Will 2000-Era Retirees Experience the Worst Retirement Outcomes in U.S. History?
Replies: 33
Views: 3179

Re: The problem with predictions: Will 2000-Era Retirees Experience the Worst Retirement Outcomes in U.S. History?

Based on everyone's predictions of low returns for the next 20 years, I expect retiring in 2015 to be worse than retiring in 2000.
by zaboomafoozarg
Sun May 22, 2016 6:47 pm
Forum: Investing - Theory, News & General
Topic: The Perils of Historical Asset Returns
Replies: 19
Views: 1799

Re: The Perils of Historical Asset Returns

Honestly, at this point I am considering not even planning for any returns beyond inflation. There is nothing that makes it appear that returns will be decent again in my lifetime.

I'll just keep working and saving until I can do a SWR of 2% or so.
by zaboomafoozarg
Sun May 22, 2016 6:31 pm
Forum: Investing - Theory, News & General
Topic: Is there a such thing as a blue collar Boglehead?
Replies: 149
Views: 11749

Re: Is there a such thing as a blue collar Boglehead?

Definitely blue collar here, former corrections officer turned plumber. ... I would be interested in hearing from anyone else in the trades if they are on this board to see how they are doing as well. I am not blue collar, but thought your parallels with my dad's career were interesting. He was for...
by zaboomafoozarg
Sun May 22, 2016 10:44 am
Forum: Personal Finance (Not Investing)
Topic: Still double checking bank checkbook math?
Replies: 46
Views: 2341

Re: Still double checking bank checkbook math?

I'm thinking about quitting balancing my checkbook.

I've made many mistakes over the past 15 years, and the bank has made 0.
by zaboomafoozarg
Wed May 18, 2016 4:34 pm
Forum: Investing - Theory, News & General
Topic: Another Bernstein Gem-Don't be Greedy
Replies: 42
Views: 7206

Re: Another Bernstein Gem-Don't be Greedy

1) Of course there's a trade off between safety and consumption/spending. The richest person in the graveyard syndrome is worth worrying about, but my favorite quote on that one comes from Ben Stein: Saving too much money leads to a sense of nostalgic regret from a rocking chair in front of a crack...
by zaboomafoozarg
Mon May 16, 2016 9:49 pm
Forum: Investing - Theory, News & General
Topic: What % do you have in alternatives? REITs, commodities, etc.)
Replies: 67
Views: 3538

Re: What % do you have in alternatives? REITs, commodities, etc.)

10% US small value
5% international small
5% QSPIX style premia
5% US REITs
2.5% international REITs
by zaboomafoozarg
Sat Apr 30, 2016 10:05 am
Forum: Investing - Theory, News & General
Topic: What's a typical pension funding % ?
Replies: 30
Views: 3611

Re: What's a typical pension funding % ?

Just got info in the mail yesterday about my previous pension. This one likely won't matter much during retirement because I only worked there 6 years at the beginning of my career. Would have preferred an early lump sum distribution but they never offered. With adjusted rates: 102% funded Without a...
by zaboomafoozarg
Fri Apr 29, 2016 10:19 pm
Forum: Personal Consumer Issues
Topic: So, are Bogleheads Bourbon or Scotch drinkers?
Replies: 115
Views: 7115

Re: So, are Bogleheads Bourbon or Scotch drinkers?

Nothing stronger than Pepsi. Same here, Pepsi or Mountain Dew. I had one sip of beer from a cousin when I was under the age of 10, spit that stuff out because it tasted like crap, and haven't had a drink of alcohol since. But even if I wanted to drink alcohol, I have a drug interaction that require...
by zaboomafoozarg
Fri Apr 29, 2016 3:50 pm
Forum: Investing - Theory, News & General
Topic: McKinsey report on diminishing returns
Replies: 91
Views: 6824

Re: McKinsey report on diminishing returns

There are several things that make our age different from prior eras and therefore cast some doubt on the reliability of achieving historical rates of return going forward. Exactly. I think the people who invested in the 80's and 90's will be the most fortunate, return-wise, for the next century. T...
by zaboomafoozarg
Thu Apr 28, 2016 9:23 pm
Forum: Investing - Theory, News & General
Topic: Selling in May and Walking Away?
Replies: 105
Views: 8148

Re: Selling in May and Walking Away?

I just sold all my equities today.















(late April Fools! :D)
by zaboomafoozarg
Thu Apr 28, 2016 8:36 pm
Forum: Investing - Theory, News & General
Topic: McKinsey report on diminishing returns
Replies: 91
Views: 6824

Re: McKinsey report on diminishing returns

This does make me think that I should cut spending further. There's not much else I can cut besides vacations though.
by zaboomafoozarg
Tue Apr 26, 2016 7:01 am
Forum: Investing - Help with Personal Investments
Topic: Betterment and potential wash sale?
Replies: 27
Views: 1347

Re: Betterment and potential wash sale?

No more opinions are needed, since House Blend is absolutely confident he is right. Therefore, I turned off TLH+ in betterment to avoid any issues. My time is actually worth more than anything I would have gain from that gimmick anyway. You could always switch to slightly different indexes in your ...
by zaboomafoozarg
Sun Apr 24, 2016 7:10 pm
Forum: Investing - Theory, News & General
Topic: Dow 100,000
Replies: 33
Views: 5240

Re: Dow 100,000

It wouldn't surprise me if I don't see Dow 100k in my lifetime. I've got maybe 50 years left, and 3.5% nominal would get it to just over 100k in that timeframe. I plan for 2% real growth with stocks, so wouldn't be surprised by 3.5% nominal. VFINX increased 620% in the 15 years of 1986-2001, then 12...
by zaboomafoozarg
Sat Apr 23, 2016 5:41 pm
Forum: Investing - Theory, News & General
Topic: Barron's: The Real Alternative in Multi-Alts (AQR's QSPIX featured)
Replies: 13
Views: 1163

Re: Barron's: The Real Alternative in Multi-Alts (AQR's QSPIX featured)

nisiprius wrote:Yes, the usual trick. Do a Google search on the exact phrase
The Real Alternative in Multi-Alts
and then click on the search result.


Ah I forgot about that one weird trick. Thanks!
by zaboomafoozarg
Sat Apr 23, 2016 2:58 pm
Forum: Investing - Help with Personal Investments
Topic: Million? [Will I get there]
Replies: 41
Views: 5514

Re: Million? [Will I get there]

VGisforme wrote:What's magic about $1 Million?


Not much, since I think the majority of posters on this forum are millionaires (at least the ones who answered the poll).

And most are millionaires by the age of 40.
by zaboomafoozarg
Sat Apr 23, 2016 10:51 am
Forum: Investing - Theory, News & General
Topic: Barron's: The Real Alternative in Multi-Alts (AQR's QSPIX featured)
Replies: 13
Views: 1163

Re: Barron's: The Real Alternative in Multi-Alts (AQR's QSPIX featured)

Any way to read this if you're not subscribed to Barron's?
by zaboomafoozarg
Tue Apr 19, 2016 6:38 pm
Forum: Investing - Theory, News & General
Topic: Everyone Worries Too Much About 'Black Swans'
Replies: 39
Views: 4204

Re: Everyone Worries Too Much About 'Black Swans'

I need to have something to worry about at all times. If it's not black swans, it'll just be something else.
by zaboomafoozarg
Mon Apr 18, 2016 8:29 pm
Forum: Personal Consumer Issues
Topic: Passport photo DIY - anyone done it easily?
Replies: 53
Views: 3035

Re: Passport photo DIY - anyone done it easily?

I took a photo of my mom standing up against a white wall, then printed it out on glossy photo paper. They had no trouble using that as a passport photo.
by zaboomafoozarg
Mon Apr 18, 2016 8:27 pm
Forum: Personal Consumer Issues
Topic: Coin Collecting (will coins increase or decrease in value?)
Replies: 36
Views: 3343

Re: Coin Collecting (will coins increase or decrease in value?)

By the way, another mistake was keeping a collection worth approximately $15,000 in a 350 pound safe at home. It was stolen in a home burglary in spite of not having a history of talking about coin collecting, now a past hobby. :oops: Tim Wow, that reminds me, I was going to look into getting a quo...
by zaboomafoozarg
Mon Apr 18, 2016 12:14 pm
Forum: Investing - Help with Personal Investments
Topic: What expected % return should a longterm investor use?
Replies: 50
Views: 5122

Re: What expected % return should a longterm investor use?

I use 2% for stocks and 0% for bonds. At 75/25, that gives the 1.5% real return that I plan with.
by zaboomafoozarg
Sun Apr 17, 2016 9:57 pm
Forum: Personal Consumer Issues
Topic: Coin Collecting (will coins increase or decrease in value?)
Replies: 36
Views: 3343

Re: Coin Collecting (will coins increase or decrease in value?)

I'll bet a coin dated "700 BC" would be almost priceless. :) I can't believe this went on this long without someone commenting on the obvious error/joke. I just got the joke. I thought spectec was referring to a coin that was dated by numismatists to be from circa 700 BC, NOT that it actu...
by zaboomafoozarg
Sun Apr 17, 2016 6:33 pm
Forum: Personal Finance (Not Investing)
Topic: How Did You File Your Income Taxes for 2015?
Replies: 101
Views: 4801

Re: How Did You File Your Income Taxes for 2015?

TurboTax.

I buy the H&B version for $70 or $80, then share it with 4 other family members. So we're each only paying about $15 for it.
by zaboomafoozarg
Sun Apr 17, 2016 12:10 pm
Forum: Personal Consumer Issues
Topic: Coin Collecting (will coins increase or decrease in value?)
Replies: 36
Views: 3343

Re: Coin Collecting (will coins increase or decrease in value?)

I always loved ancient history! I would enjoy to have some BC coins only to look at them and imagine that some persons 2700 years ago around the Mediterranean would have bought something with them. But I am too cheap to spend $500 on them. There are plenty of ancients available for less than $500. ...
by zaboomafoozarg
Sat Apr 16, 2016 10:52 pm
Forum: Personal Consumer Issues
Topic: Coin Collecting (will coins increase or decrease in value?)
Replies: 36
Views: 3343

Re: Coin Collecting (will coins increase or decrease in value?)

spectec wrote:I'll bet a coin dated "700 BC" would be almost priceless. :)


Not really - my Lydian hekte from the 7th century BC cost me about $600. They are very small, were minted pretty heavily, and there's not an overwhelming amount of collector interest compared to modern coinage.
by zaboomafoozarg
Sat Apr 16, 2016 10:48 pm
Forum: Investing - Theory, News & General
Topic: Gold 2% dividend
Replies: 22
Views: 2702

Re: Gold 2% dividend

So basically, increased alpha due to the low correlation of gold with equities and bonds?
by zaboomafoozarg
Sat Apr 16, 2016 6:33 pm
Forum: Investing - Theory, News & General
Topic: Whats with the hedge fund hating?
Replies: 60
Views: 4666

Re: Whats with the hedge fund hating?

I guess Maynard W. Speer doesn't post here anymore. It used to be that hedge fund threads were an irresistible temptation to him. Sort of like having ice cream in the freezer. It seemed like they had "better" hedge funds in the UK. His posts were very interesting whether you agreed or dis...
by zaboomafoozarg
Sat Apr 16, 2016 3:23 pm
Forum: Personal Consumer Issues
Topic: Coin Collecting (will coins increase or decrease in value?)
Replies: 36
Views: 3343

Re: Coin Collecting (will coins increase or decrease in value?)

I buy ancient coins, from ~700 BC to the 1500's. Mostly silver and gold, but also a few bronze and billon. My reasons for purchasing are: ⋅ 90% historical interests & learning opportunities ⋅ 9% diversification into some physical precious metals ⋅ 1% chance of makin...
by zaboomafoozarg
Sat Apr 16, 2016 3:02 pm
Forum: Investing - Help with Personal Investments
Topic: Magic Number? How much to save for retirement
Replies: 45
Views: 6752

Re: Magic Number? How much to save for retirement

My magic number is 30 times annual expenses.

I'm 1/3 of the way there, and once I get there, I'm done.
by zaboomafoozarg
Thu Apr 14, 2016 9:28 pm
Forum: Investing - Theory, News & General
Topic: Boomers' Retirement Confidence Hits All-Time Low
Replies: 7
Views: 1621

Re: Boomers' Retirement Confidence Hits All-Time Low

This is why I save $20k a year in taxable - so I can give the dividends to my parents during retirement.
by zaboomafoozarg
Sat Apr 09, 2016 11:12 am
Forum: Investing - Theory, News & General
Topic: Do you use emerging markets bonds? If so, why?
Replies: 18
Views: 1706

Re: Do you use emerging markets bonds? If so, why?

Yes, I have international bonds at 5% of my total AA, and emerging market bonds are 3% of that.

So my total portfolio has .15% EM bonds. A dab'll do ya :D
by zaboomafoozarg
Sat Apr 09, 2016 8:51 am
Forum: Investing - Help with Personal Investments
Topic: 1/3 SCV / Emerging Market / REIT
Replies: 39
Views: 2912

Re: 1/3 SCV / Emerging Market / REIT

bradshaw1965 wrote:You can certainly find small cap value passive funds/ETF's ex REITs.


DFA does that for all their non-real estate equity funds, if I remember correctly.
by zaboomafoozarg
Thu Apr 07, 2016 5:53 pm
Forum: Investing - Theory, News & General
Topic: Are Bogleheads too conservative?
Replies: 135
Views: 13811

Re: Are Bogleheads too conservative?

KlangFool wrote:IMHO, any number between 75/25 and 25/75 is fine. To go beyond that, it is too risky and not worthwhile.

KlangFool


Agreed. I'd just rather compensate by saving a little more than go below 25% or so in bonds.
by zaboomafoozarg
Thu Apr 07, 2016 5:42 pm
Forum: Investing - Theory, News & General
Topic: Retirement
Replies: 32
Views: 3080

Re: Retirement

I've met a few people like that. A math professor in his late 80's and a mainframe developer in her mid 70's come to mind.

They are few and far between when compared to the amount of people I've met who want to retire, but can't.

I'm hoping to be done by 45.
by zaboomafoozarg
Wed Apr 06, 2016 7:17 pm
Forum: Investing - Theory, News & General
Topic: Does anyone invest in websites?
Replies: 38
Views: 3171

Re: Does anyone invest in websites?

I "roll my own" and invest my time to make them, but wouldn't consider purchasing ones that I didn't create.
by zaboomafoozarg
Sat Apr 02, 2016 3:38 pm
Forum: Investing - Theory, News & General
Topic: Optimal Portfolio
Replies: 23
Views: 1910

Re: Optimal Portfolio ?

Taylor Larimore wrote:Develop:

Is your one-fund portfolio in a taxable or tax-advantaged account?

Best wishes.
Taylor


Pretty sure it was an April Fool's post, just made a little too early :D
by zaboomafoozarg
Sat Apr 02, 2016 3:31 pm
Forum: Investing - Theory, News & General
Topic: Easy "alpha" in your portfolio
Replies: 33
Views: 3361

Re: Easy "alpha" in your portfolio

TLH saved me about $600 in 2015 taxes and at least $700 in 2016 taxes.
by zaboomafoozarg
Sat Apr 02, 2016 2:28 pm
Forum: Investing - Theory, News & General
Topic: Who needs Money Market accounts any more?
Replies: 55
Views: 6289

Re: Who needs Money Market accounts any more?

I can’t imagine doing without the money market fund I have at Vanguard. Dividends from my other Vanguard funds are paid into it. I keep about two percent of my assets in it as an emergency reserve. I can write checks on it whenever I need to. And it’s paying slightly more (0.42%) than my local chec...
by zaboomafoozarg
Sat Apr 02, 2016 9:12 am
Forum: Investing - Theory, News & General
Topic: Who needs Money Market accounts any more?
Replies: 55
Views: 6289

Re: Who needs Money Market accounts any more?

Is that different than the VG money market fund, VMMXX?

Because I had to use that as a sweep fund for ETFs at VG.
by zaboomafoozarg
Fri Apr 01, 2016 8:52 am
Forum: Investing - Theory, News & General
Topic: Optimal Portfolio
Replies: 23
Views: 1910

Re: Optimal Portfolio

Image
by zaboomafoozarg
Thu Mar 31, 2016 10:37 am
Forum: Investing - Theory, News & General
Topic: QSPIX Nightmare - Closed Off to Retail Investors
Replies: 168
Views: 21287

Re: QSPIX Nightmare - Closed Off to Retail Investors

I just remembered that today is the final day before the soft close.
by zaboomafoozarg
Sun Mar 27, 2016 9:10 pm
Forum: Personal Finance (Not Investing)
Topic: Your first $100k
Replies: 52
Views: 8196

Re: Your first $100k

I hit $100k in retirement accounts at 28.5, and then $200k in retirement accounts at 30. That's with saving about $50k per year, plus the 30% stock returns that 2013 had. It feels like it's not that great compared to most bogleheads, but I'm trying to make up for lost time in my 30's. Being single d...
by zaboomafoozarg
Sun Mar 27, 2016 12:11 pm
Forum: Personal Consumer Issues
Topic: Auto Insurance-Notice of Non Renewal
Replies: 37
Views: 2892

Re: Auto Insurance-Notice of Non Renewal

prudent wrote:I'm confused - you said you did not file claims, how did they know about the accidents?


If these accidents were reported then they'll show up in Choicepoint reports.
by zaboomafoozarg
Fri Mar 25, 2016 1:33 pm
Forum: Personal Consumer Issues
Topic: Europe Trip in August
Replies: 99
Views: 5624

Re: Europe Trip in August

But for younger folks, you'd best go to Europe now. Things are changing there, and not for the better. Some of the things you enjoy visiting will not be the same in the future. That is one thing I worry about not going now. There is a chance, however remote, that things could end up much worse ther...
by zaboomafoozarg
Fri Mar 25, 2016 1:28 pm
Forum: Personal Consumer Issues
Topic: Europe Trip in August
Replies: 99
Views: 5624

Re: Europe Trip in August

Zaboom:I wouldn't cancel your trip at this point. You didn't mention which parts of England you're going to, but I seriously doubt a terrorist attack will take place in rural areas, for example, like the Cotswolds. If you're in London or a good-sized city, be conscious of your surroundings and try ...
by zaboomafoozarg
Fri Mar 25, 2016 1:12 pm
Forum: Personal Consumer Issues
Topic: Europe Trip in August
Replies: 99
Views: 5624

Re: Europe Trip in August

I am seriously considering cancelling my vacation to England in a few weeks. It is just me by myself and I wasn't so concerned, but my parents are very worried. The front page of CNN, Reuters, Drudge Report, etc. keep saying that ISIS is plotting more attacks and that London is on the list. It looks...
by zaboomafoozarg
Thu Mar 24, 2016 4:28 pm
Forum: Investing - Theory, News & General
Topic: Hypothetical: How would you invest for growth if you couldn't invest in any stock market
Replies: 24
Views: 2052

Re: Hypothetical: How would you invest for growth if you couldn't invest in any stock market

Real estate. I just read a post by a guy who started with $150k between him and his friend to buy and rent houses.

That was in 2010. Their assets are worth $6.7 million and he makes $60k per month. From $150k to $6.7M in 6 years.
by zaboomafoozarg
Tue Mar 15, 2016 5:06 am
Forum: Investing - Theory, News & General
Topic: Late Starters
Replies: 61
Views: 5508

Re: Late Starters

Question: When you guys say saving do you mean maxing your 401K/IRA or just putting something away in general? I assume that for most people on this board, it means 401k/457/403 + IRA + taxable investing over the $18k and $5.5k limits. The average net worths on this forum seen to be more than just ...
by zaboomafoozarg
Mon Mar 14, 2016 5:17 am
Forum: Personal Consumer Issues
Topic: Aldi now accepts credit cards!!!
Replies: 65
Views: 7440

Re: Aldi now accepts credit cards!!!

We tried shopping at Aldis but the quality of most items seemed pretty poor with especially mediocre produce. Also seemed like the store in our area had mostly aisles full of Brand X highly processed, factory produced, highly packaged foods. Not what I consider actual food. Surprise, it is actual f...

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