Search found 79 matches

by best2u
Wed Nov 01, 2017 4:23 am
Forum: Local Chapters and Bogleheads Community
Topic: Roll Call for the Retirement Class of 2017!
Replies: 254
Views: 34372

Re: Roll Call for the Retirement Class of 2017!

Gave notice one month ago. Today I start what will probably be my last month. Only reason to stay longer is if my replacement is not ready to take over on Dec. 1. Looking forward to a different pace. Plan on spending the first few months finishing up our lake home. Fortunately we chose this path sev...
by best2u
Fri Oct 06, 2017 8:19 am
Forum: Investing - Theory, News & General
Topic: What are you up YTD? [Year To Date]
Replies: 1584
Views: 282023

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

Sorry I missed your joke. Without the smilie I didn't know your intentions were just to be funny.
by best2u
Fri Oct 06, 2017 3:07 am
Forum: Investing - Theory, News & General
Topic: What are you up YTD? [Year To Date]
Replies: 1584
Views: 282023

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

Up 14.75%. My guru says to expect another buying opportunity next year. I will enjoy this while it lasts. :sharebeer Doesn't he say that every year? No he doesn't. The last buy he issued was Feb of 2016. There will not be one issued for 2017 as it is unlikely that even if the market were to crash y...
by best2u
Thu Oct 05, 2017 10:42 am
Forum: Investing - Theory, News & General
Topic: What are you up YTD? [Year To Date]
Replies: 1584
Views: 282023

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

Up 14.75%. My guru says to expect another buying opportunity next year. I will enjoy this while it lasts. :sharebeer
by best2u
Wed Oct 04, 2017 3:15 pm
Forum: Investing - Help with Personal Investments
Topic: Chickened out... Now unsure where to start.
Replies: 33
Views: 3803

Re: Chickened out... Now unsure where to start.

Johnfromtexas, I will only add that for some of us the "nervous Nelly" feeling never goes away. It is part of our makeup. I blame mine on my upbringing in that I grew up under the guidance of parents that experienced the depression in early childhood. They knew firsthand how tough things could get, ...
by best2u
Wed Sep 20, 2017 3:54 pm
Forum: Investing - Theory, News & General
Topic: Any "average Joe" here actually make out well with individual stocks?
Replies: 108
Views: 12968

Re: Any "average Joe" here actually make out well with individual stocks?

As I closed in on retirement age I began to think about the need for retirement income. I read about the dividend aristocrats and wanted to see if it was worth the effort and was something I should consider. I purchased two stocks in 2010, both of which I still own. They have both appreciated in val...
by best2u
Wed Aug 23, 2017 6:08 pm
Forum: Investing - Theory, News & General
Topic: Mike Piper and CDs
Replies: 54
Views: 6381

Re: Mike Piper and CDs

Nice idea! Of course the CD will lose economic value when called, unlike a Treasury or noncallable CD that might be expected to increase in value at that time. Still might be useful to rebalance into stocks. How do you decide if the yield is high enough to make up for the call risk? Some people thi...
by best2u
Tue Aug 22, 2017 10:09 pm
Forum: Investing - Theory, News & General
Topic: Mike Piper and CDs
Replies: 54
Views: 6381

Re: Mike Piper and CDs

For those of you searching for more liquidity when the market tanks, consider purchasing some cds with call risk. You not only can pick up some additional yield over non callable cds, but also the federal reserve will encourage the financial institution to give you your money back by lowering their ...
by best2u
Fri Aug 18, 2017 4:26 pm
Forum: Personal Consumer Issues
Topic: Powerball - $510 million?
Replies: 64
Views: 4973

Re: Powerball - $510 million?

I bought a ticket for this drawing. First lottery ticket we have bought in over a year. I only buy one if the jackpot gets unusually large. From the stories I have heard I probably do not want to win it. Always thought I would offer to make my siblings and Mrs. best's brothers co-owners of a big jac...
by best2u
Tue Aug 08, 2017 5:21 am
Forum: Investing - Theory, News & General
Topic: Has the "bond bubble" caused you to change your allocation?
Replies: 90
Views: 10343

Re: Has the "bond bubble" caused you to change your allocation?

I will maintain maximum dollars of stock market exposure in good markets and bad. I harvest one dollar of market gain for every two dollars that my stocks gain for the purpose of purchasing stocks when they are again on sale. The dollar that remains in the market and is not harvested is considered ...
by best2u
Mon Aug 07, 2017 6:12 pm
Forum: Investing - Theory, News & General
Topic: Has the "bond bubble" caused you to change your allocation?
Replies: 90
Views: 10343

Re: Has the "bond bubble" caused you to change your allocation?

I will maintain maximum dollars of stock market exposure in good markets and bad. I harvest one dollar of market gain for every two dollars that my stocks gain for the purpose of purchasing stocks when they are again on sale. The dollar that remains in the market and is not harvested is considered ...
by best2u
Mon Aug 07, 2017 12:49 pm
Forum: Investing - Theory, News & General
Topic: Has the "bond bubble" caused you to change your allocation?
Replies: 90
Views: 10343

Re: Has the "bond bubble" caused you to change your allocation?

Something for you 100% stock investors to chew on. Two individuals have $100,000. One is 100/0 the other 60/40. The market falls 50%. If the 60/40 investor rebalances back to his original stock market high he will then own 60,000 stocks and 10,000 bonds whereas the 100% stock owner only has 50,000 ...
by best2u
Mon Aug 07, 2017 5:39 am
Forum: Investing - Theory, News & General
Topic: Has the "bond bubble" caused you to change your allocation?
Replies: 90
Views: 10343

Re: Has the "bond bubble" caused you to change your allocation?

Actually the stock market made me change my bond strategy. I road through the crash with a heavy stock allocation. The fact that I could have made more with a 60/40 portfolio during the decade that began in 2000 plus the volatility told me that I should not be so heavily invested in stocks. After I ...
by best2u
Mon Aug 07, 2017 4:28 am
Forum: Investing - Theory, News & General
Topic: Study: Who Sold Stock During the 2008-9 Crash?
Replies: 85
Views: 7845

Re: Study: Who Sold Stock During the 2008-9 Crash?

One of the things some rich people were doing was selling stocks to purchase speculative bonds. With the liquidity crunch during the crash it was possible to lock in 10 to 25% return via bonds. Even Warren B. Snapped up some convertibles from GE at the time. The reason bonds hold the edge over stock...
by best2u
Fri Aug 04, 2017 3:44 am
Forum: Investing - Theory, News & General
Topic: Study: Who Sold Stock During the 2008-9 Crash?
Replies: 85
Views: 7845

Re: Study: Who Sold Stock During the 2008-9 Crash?

Smectym your chart looked to me like it advised selling in Oct of 2008 then buying sometime in 2010. That would not have protected your wealth.
by best2u
Fri Aug 04, 2017 3:32 am
Forum: Investing - Theory, News & General
Topic: Study: Who Sold Stock During the 2008-9 Crash?
Replies: 85
Views: 7845

Re: Study: Who Sold Stock During the 2008-9 Crash?

I moved 90% of our money into the market in November of 2008 when I saw Warren Buffet on tv saying it was time to buy. The problem was we were 80% exposed before the crash. So in the end it did not move the needle much.
by best2u
Thu Jul 27, 2017 11:30 am
Forum: Investing - Theory, News & General
Topic: CD Rates so much higher than bonds?
Replies: 14
Views: 2214

Re: CD Rates so much higher than bonds?

My experience with CDs, which is limited to purchasing some brokered CD s via Vanguard and a few directly from local financial institutions is that the 2.8% rate is a respectable offering for today's market, if the CD is not callable. If call risk is accepted there could be some offerings in the 3 t...
by best2u
Thu Jul 27, 2017 11:01 am
Forum: Investing - Theory, News & General
Topic: John Bogle Has Been Right About Investing In International Stocks
Replies: 505
Views: 34997

Re: How much international stock? A suggestion.

Thanks Taylor.

I have enjoyed this thread. :beer
by best2u
Mon Jul 17, 2017 10:27 am
Forum: Investing - Help with Personal Investments
Topic: Roll call Warren Buffet 90/10 portfolio
Replies: 89
Views: 15346

Re: Roll call Warren Buffet 90/10 portfolio

I was 80% exposed when the great recession hit. Watched several years of hard work and savings disappear when I was 53. The decade of 2000 was a disaster for me. Would have made much more money on a plain old 60-40 portfolio. To show I am not as stupid as I look, today I am at 50-50. Hope this 90-10...
by best2u
Fri Jul 14, 2017 2:41 pm
Forum: Investing - Help with Personal Investments
Topic: Corporate Bond Website?
Replies: 35
Views: 2339

Re: Corporate Bond Website?

I will echo what has been previously mentioned. When trading in individual bonds it is possible to see some trade history. This will give you a feel for the value of an issue. Do pay a reasonable price for something you desire. Don't spend money needlessly by being free and loose when a broker asks ...
by best2u
Tue Jul 11, 2017 2:04 pm
Forum: Personal Finance (Not Investing)
Topic: 100k milestone
Replies: 49
Views: 6222

Re: 100k milestone

I think we hit $100,000 the second time when I was 53 and the third time when I was 54. Hope we don't see it again for a long time...but stuff happens. Could be better not to see it too many times. :beer
by best2u
Thu Jul 06, 2017 4:01 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 4148
Views: 1102244

Re: U.S. stocks in freefall

Those of us with old mattresses do not need lumpier beds. :sharebeer
by best2u
Thu Jun 29, 2017 1:34 pm
Forum: Investing - Theory, News & General
Topic: Vanguard upgraded my accounts - angry [Brokerage Services]
Replies: 159
Views: 22074

Re: Vanguard upgraded my accounts - angry

I have purposely delayed my conversion and will continue to do so as long as possible. The reason follows. As a direct shareholder in a mutual fund I am a partial owner to the assets of the mutual fund. I gave them my money and they used it to purchase the underlying stocks they control. My money wa...
by best2u
Wed Jun 28, 2017 3:54 pm
Forum: Investing - Help with Personal Investments
Topic: Should I Sell Energy Index (VDE) and take loss?
Replies: 51
Views: 4118

Re: Should I Sell Energy Index (VDE) and take loss?

Reminds me of one of my neighbors that used to speculate from time to time. He would get in a predicament similar to yours and say to me,
"I never stay with my winners long enough and I always ride every dead horse until it smells." :sharebeer
by best2u
Mon Jun 19, 2017 4:37 pm
Forum: Investing - Theory, News & General
Topic: Best Financial Advice from Dad (in honor of father's day)
Replies: 78
Views: 6332

Re: Best Financial Advice from Dad (in honor of father's day)

My father was born in the depression years. He was a farmer in the Midwest like his father before him. Taught me and my siblings to be frugal. The advice to each of us was always the same when it came to money, "Spend some and save some."
by best2u
Mon Apr 03, 2017 5:48 pm
Forum: Investing - Theory, News & General
Topic: Remembering the Crash of 1987
Replies: 66
Views: 7288

Re: Remembering the Crash of 1987

I was 32 and working for a commercial bank at the time. The brass spent the day on the telephone trying to figure out if this was the beginning of another depression. Young people controlled the institution and we had only heard stories about bank runs before our time. Most of the markets were locke...
by best2u
Sat Feb 18, 2017 3:00 am
Forum: Investing - Theory, News & General
Topic: "preview" of bear market
Replies: 17
Views: 3994

Re: "preview" of bear market

It may be hard to make a financial argument for using a fund with rebalancing characteristics. But from a practical sense one can make a strong argument. The majority of people cannot control their emotions well enough in downdrafts to buy when it is advantageous. This is one of the reasons why so m...
by best2u
Fri Feb 10, 2017 5:20 pm
Forum: Local Chapters and Bogleheads Community
Topic: Your USER NAME...what does it mean?
Replies: 369
Views: 33193

Re: Your USER NAME...what does it mean?

For wishing others well.

Hopefully many people consider doing the same toward me when they read my users name.
by best2u
Sat Jan 28, 2017 5:41 am
Forum: Investing - Theory, News & General
Topic: Dow hits 20,000. What next? Share your strategy
Replies: 107
Views: 10278

Re: Dow hits 20,000. What next? Share your strategy

Vanguard's conversion mechanism goes only one direction: from mutual funds to ETF shares. Moving the other way requires a sale, followed by settlement, followed by a purchase. Inside a tax-advantaged account it might not be too bad. That is the problem. These are in taxable account. I might just le...
by best2u
Sat Jan 21, 2017 11:57 am
Forum: Investing - Theory, News & General
Topic: FED Raises Rates - Sky Falls! Bond Prices are UP!
Replies: 34
Views: 7409

Re: FED Raises Rates - Sky Falls! Bond Prices are UP!

Maybe some sanity will come back to interest rates. Money should have a cost similar to everything else that is worth having. The free ride for borrowers and blatant disrespect for savers does not equate to economic prosperity. It causes the dislocation of capital and adds unwarranted risk to the e...
by best2u
Sat Jan 14, 2017 7:08 am
Forum: Investing - Theory, News & General
Topic: What is the Bogleheads position on Long-term successful daytraders?
Replies: 104
Views: 9792

Re: What is the Bogleheads position on Long-term successful daytraders?

For a few years I used to work in a small town bank. A casino opened in another town a couple years later. It became the talk of the town. People would constantly tell how they had won money last time they visited the casino, and how they developed their winning strategy. Like Mark Twain used to say...
by best2u
Wed Jan 04, 2017 4:14 pm
Forum: Investing - Theory, News & General
Topic: Whats your number to walk away?
Replies: 245
Views: 32347

Re: Whats your number to walk away?

My current number is $450,000. This is down from previous number of $600,0000. Not there yet, but coming 62 and will probably retire at 63. Planning on a 1.5% withdrawal rate. I think we will make do with this. Hope all of you folks find what you are looking for. :beer
by best2u
Tue Jan 03, 2017 6:16 pm
Forum: Investing - Theory, News & General
Topic: What are you up YTD? [Year To Date]
Replies: 1584
Views: 282023

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

2016 was another good year for us. We ended up 7.4% excluding our contributions. Our mix is 48% stock and 52% fixed income. There were 3 months, where the monthly investment returns totaled more than our total annual contributions. I know it doesn't mean much but it is something I watch for kicks an...
by best2u
Sat Dec 24, 2016 8:06 am
Forum: Investing - Theory, News & General
Topic: The Argument for More Stocks in Retirement
Replies: 166
Views: 14883

Re: The Argument for More Stocks in Retirement

Human nature is to remember the recent past and plan our futures in those regards. Taylor is one of the few here with long term experiences. The 1987 melt down, bear markets of 2000 and 2008, are the only ones that I have had experience with. They were all short lived in retrospect. 1973-74 was when...
by best2u
Mon Dec 19, 2016 5:18 am
Forum: Investing - Theory, News & General
Topic: What am I missing w/this back-tested asset allocation?
Replies: 72
Views: 6636

Re: What am I missing w/this back-tested asset allocation?

Bogie I wish you luck in your endeavor. Remember two things: First the market does not reward someone just because they are willing to work hard. Second when you drive down the highway you can not see where you are going by looking in the rear view mirror. :sharebeer
by best2u
Wed Dec 14, 2016 5:15 pm
Forum: Investing - Theory, News & General
Topic: "Twenty Ways To Tell If You're A Lousy Investor"
Replies: 57
Views: 6987

Re: "Twenty Ways To Tell If You're A Lousy Investor"

Fortunately some of us can learn from our mistakes. :happy
by best2u
Wed Dec 14, 2016 4:37 pm
Forum: Investing - Theory, News & General
Topic: A new milestone
Replies: 20
Views: 2965

Re: A new milestone

Congratulations on your good fortune. May be an occasion worth celebrating with your bride. Life is short. :happy
by best2u
Wed Dec 14, 2016 3:55 pm
Forum: Investing - Theory, News & General
Topic: FED Raises Rates - Sky Falls! Bond Prices are UP!
Replies: 34
Views: 7409

Re: FED Raises Rates - Sky Falls! Bond Prices are UP!

Maybe some sanity will come back to interest rates. Money should have a cost similar to everything else that is worth having. The free ride for borrowers and blatant disrespect for savers does not equate to economic prosperity. It causes the dislocation of capital and adds unwarranted risk to the ec...
by best2u
Wed Dec 14, 2016 3:22 pm
Forum: Investing - Help with Personal Investments
Topic: Bad Time for a Retiree To Invest Heavy in Bonds?
Replies: 24
Views: 4863

Re: Bad Time for a Retiree To Invest Heavy in Bonds?

Thanks for all the advice. I had not considered re-looking at the 401K options. Current expense ratio is around .46%, while rolling it over into a Vanguard IRA would come with about 1/3 of the expense ratio (around .17%). Could the advantages of leaving it the 401K outweigh this difference? From wh...
by best2u
Wed Nov 09, 2016 1:06 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 4148
Views: 1102244

Re: U.S. stocks in freefall

Ok! Serious questions! I am in the middle of reading the mutal funds common sense book. Unfortunately for me, i dont have enough knowledge to invest yet. What is a good investment i should make at the moment? Im eager to jump on something good and cheap right now. If you do not have any of your har...
by best2u
Sun Jul 10, 2016 12:03 pm
Forum: Investing - Theory, News & General
Topic: What's your asset allocation and why?
Replies: 160
Views: 14405

Re: What's your asset allocation and why?

Age 61 We are 35% domestic, 15% intl., rest in fixed income. Working on setting aside 3 years living expenses in preparation for when I retire. Probably will add up to 10% gold. Some back tests show this is beneficial for a retirement portfolio (to help maintain purchasing power), but not great in t...
by best2u
Sat Jun 25, 2016 8:05 am
Forum: Investing - Theory, News & General
Topic: Why You Shouldn't Do International Stocks?
Replies: 60
Views: 9184

Re: Why You Shouldn't Do International Stocks?

I bought into the diversification hype several years ago and invested in international mutual funds. When I rebalance I usually take money out of my domestic investments and feed the intl. laggards. Still waiting for that pot at the end of the international rainbow. All I know is international funds...
by best2u
Wed Jun 08, 2016 11:17 am
Forum: Investing - Theory, News & General
Topic: Int'l Bonds - "A Key Asset Class Most Investors Completely Ignore"
Replies: 76
Views: 7429

Re: Int'l Bonds - "A Key Asset Class Most Investors Completely Ignore"

A while back Vanguard did a white paper stating that currency risk for international bonds was a greater determinant of volatility than the bond markets themselves. They concluded the only suitable way to invest in foreign bonds was if one were to hedge the currency risk away. So Vanguard foreign bo...
by best2u
Tue May 24, 2016 2:29 pm
Forum: Investing - Theory, News & General
Topic: What was your first investment?
Replies: 117
Views: 7313

Re: What was your first investment?

I bought a Hereford steer when I was ten years old. Called it dynamite. Won a red ribbon and a blue ribbon at the county fair. Had a tear in my eye when it went to slaughter. After all expenses my net profit was like $40 to $50.
by best2u
Mon May 16, 2016 4:03 pm
Forum: Investing - Theory, News & General
Topic: What % do you have in alternatives? REITs, commodities, etc.)
Replies: 67
Views: 5844

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

During the great recession VNQ showed me poorer performance than the total stock market index. I moved away from REITs a couple years ago, and do not have plans to reenter the asset class. I have a position in gold of 3%. Would increase that to 10% under favorable conditions.
by best2u
Mon May 16, 2016 1:09 pm
Forum: Investing - Theory, News & General
Topic: Vanguard's bond desk shows no 7 nor 10 year brokered CDs
Replies: 10
Views: 1453

Re: Vanguard's bond desk shows no 7 nor 10 year brokered CDs

I think it is no small coincidence the brokered CD market has gone to H*** at the same time when Goldmen Sachs bought out the GE book, and thus eliminated the significant competition. Notice the offerings in the secondary market too. Everyone has many options to purchase issues at a premium to par i...
by best2u
Thu May 12, 2016 4:57 pm
Forum: Investing - Help with Personal Investments
Topic: Should I hold on to my Apple stock?
Replies: 76
Views: 9532

Re: Should I hold on to my Apple stock?

A very good friend of mine asked me the same thing yesterday. I did not have a clue what to tell him either. :beer
by best2u
Fri Apr 29, 2016 5:29 am
Forum: Investing - Theory, News & General
Topic: Selling in May and Walking Away?
Replies: 106
Views: 11311

Re: Selling in May and Walking Away?

My annual rebalance date comes in May. Several Mays I do sell some equities and walk away for another year. :sharebeer
by best2u
Wed Apr 27, 2016 8:11 am
Forum: Investing - Theory, News & General
Topic: Why not ETFs?
Replies: 57
Views: 5457

Re: Why not ETFs?

One additional reason I use funds is because mutual fund laws have been around for almost 100 years,whereas etfs are more recent. I wouldn't put it past the more recent laws to favor Wall Street in the fine print. Not a lawyer and am not going to take the time or energy to compare legal clauses.
by best2u
Tue Apr 19, 2016 1:47 am
Forum: Investing - Theory, News & General
Topic: What are your thoughts on the "Golden Butterfly" portfolio?
Replies: 97
Views: 16488

Re: What are your thoughts on the "Golden Butterfly" portfolio?

Intuition tells me that the treasury positions are going to be laggards if the fed continues to move toward higher interest rates. The small caps typically under perform during a bear market and sometimes the last stages of a bull market. It appears one is adding increased segmented volatility in th...