Search found 666 matches

by rcshouldis
Mon Nov 21, 2011 8:13 pm
Forum: Personal Finance (Not Investing)
Topic: Would you take your SS, or wait
Replies: 63
Views: 6222

Re: Would you take your SS, or wait

Lon wrote:I could have waited but took mine at age 62 and invested the entire amount each month. I'm glad I did.
Not a good strategy in today's market however. The market is not yielding anywhere near 8% that SS gives per each year delay in benefits.
by rcshouldis
Tue Oct 04, 2011 8:57 am
Forum: Investing - Theory, News & General
Topic: Anybody else sick of hearing about Greece?
Replies: 41
Views: 3362

Greece itself is a small economy and it's default is not the primary concern. The concern is the spread of default to countries like Spain and Italy which would probably bring down the Eurozone.
by rcshouldis
Mon Sep 26, 2011 9:43 am
Forum: Investing - Help with Personal Investments
Topic: How much money do you need to retire at 40?
Replies: 90
Views: 17641

If you need $1 million at retirement you better put $ 2 million in the stock market now. LOL!
by rcshouldis
Thu Sep 22, 2011 12:20 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 6550
Views: 1406504

For those who think that the stock market is a good way to save for retirement : Think again :roll: Stop drinking cool aid :lol: Thinking that equities have no place in a long term investment strategy is as silly as thinking bonds have no place in a long term investment strategy. If the ebbs and fl...
by rcshouldis
Thu Sep 22, 2011 10:17 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 6550
Views: 1406504

For those who think that the stock market is a good way to save for retirement :

Think again :roll:
by rcshouldis
Sat Sep 10, 2011 8:49 am
Forum: Investing - Theory, News & General
Topic: Jack Bogle: Why Mark Cuban Is Wrong on Investing
Replies: 16
Views: 3859

This should be a trick question. Is there any argument that Mr. Bogle knows A LOT more then Cuban when it comes to investing? Why would anyone listen to Cuban about investing? He is an entrepeneur and not a investment professional. Good luck. I personally don't think anything too much of any invest...
by rcshouldis
Fri Sep 02, 2011 2:20 pm
Forum: Investing - Theory, News & General
Topic: Will investor really get rewarded for taking risk?
Replies: 15
Views: 1999

Re: Will investor really get rewarded for taking risk?

In the long run, these traders should have a negligible effect on your investment returns. To me, this is a key point. I don't understand how these traders would affect my long-term return one way or another (aside from the possibility that they cause a significant, sustained shift--in either direc...
by rcshouldis
Thu Aug 18, 2011 9:19 am
Forum: Investing - Theory, News & General
Topic: Sigh.... Things I don't hear on the Bogleheads forum anymore
Replies: 46
Views: 6739

kenschmidt wrote:Just wait - those things will come back into vogue some day - when those asset classes hit their peaks in the next cycle! :D
Sure after were all broke and selling apples on the street thank's to good ole Wall Street
by rcshouldis
Thu Aug 11, 2011 8:11 am
Forum: Investing - Theory, News & General
Topic: Hedge fund redemptions causing market crash?
Replies: 33
Views: 4005

billjohnson wrote:Ratigan's Apolitical Rant. When did the talking heads start telling the truth?

http://fdlaction.firedoglake.com/2011/0 ... eous-rant/
Good Rant!
by rcshouldis
Thu Aug 11, 2011 7:45 am
Forum: Investing - Theory, News & General
Topic: Buy and Hold is flawed in the New Normal
Replies: 64
Views: 9870

Re: Buy and Hold is flawed in the New Normal

I believe Bogleheads are narrow minded. Buy and Hold is flawed. It worked in Jack Bogle's America but times have changed. Obviously everyone knows our fiscal situation but the markets have changed dramatically since 2008/09. Computers (High Frequency Trading) dominate the market and will for a long...
by rcshouldis
Mon Aug 08, 2011 7:46 am
Forum: Investing - Theory, News & General
Topic: Black Monday?
Replies: 158
Views: 21014

Tom_T wrote:I don't know... wasn't the bond market anticipating a downgrade at some point? This isn't totally out of the blue.

Apparently not
by rcshouldis
Sat Jul 23, 2011 4:02 pm
Forum: Personal Finance (Not Investing)
Topic: When is it time to drop comprehensive Medical ?
Replies: 15
Views: 1693

Re: When is it time to drop comprehensive Medical ?

Just got my yearly estimate for medical insurance from my employer. They decreased their portion 10% and increased mine 66%. This having a $1250 deductible already. And they don't offer any higher. I signed up again this year, but I'm beginning to think of jumping ship with a private policy. Simply...
by rcshouldis
Wed Jul 13, 2011 8:25 pm
Forum: Personal Finance (Not Investing)
Topic: Dave Ramsey and Credit Cards: Have I made a huge mistake?
Replies: 45
Views: 8497

You destroyed part of your good credit history. Do you like shooting yourself in your foot? You went out of your way to reduce your credit score. Sheesch!
by rcshouldis
Mon Jul 11, 2011 8:01 pm
Forum: Investing - Theory, News & General
Topic: Safe Withdrawal Rate 2.52%
Replies: 48
Views: 6675

Re: Safe Withdrawal Rate 2.52%

New Paper from Financial Planning. Time frame expanded to 35 years, SWR reduced to 2.52%. I do believe this rate is supposed to be foolproof for the complete idiot. http://www.fpanet.org/journal/CurrentIssue/TableofContents/ASaferSafeWithdrawalRateUsingVariousDistributions/ Paul Not worth the risk ...
by rcshouldis
Thu Jun 23, 2011 11:06 am
Forum: Investing - Theory, News & General
Topic: Are we headed into another significant market decline?
Replies: 275
Views: 41761

I think there have been many threads that discussed the fact that portfolios had fully recovered in 2010 to the high values achieved in 2007. So somebody has been making gains. There have been a number of such periods over the last 90 years or so. It's all the usual market action, so why worry abou...
by rcshouldis
Thu Jun 23, 2011 10:36 am
Forum: Investing - Theory, News & General
Topic: Are we headed into another significant market decline?
Replies: 275
Views: 41761

First, a 20% drop from recent April/May highs is not significant. If one looks at even the good years, one will see that stock market values fluctuate plus or minus 10% routinely. And for individual stocks the 52-week high is often twice the value of the 52-week low. That is, stocks are volatile. N...
by rcshouldis
Thu Jun 23, 2011 10:02 am
Forum: Investing - Theory, News & General
Topic: Are we headed into another significant market decline?
Replies: 275
Views: 41761

Are we headed into another significant market decline?

I am starting to get that sinking feeling in my gut that we're in for another recession with a 20% plus equity drop in short order. If our economic growth is taking a hit I see no other possibility. I am considering being a timer and pulliing out completely, equity and bonds, for the next 6 months t...
by rcshouldis
Wed Jun 22, 2011 5:22 pm
Forum: Personal Consumer Issues
Topic: Any Mazda owners?
Replies: 39
Views: 3986

I own a Mazda MPV minivan. I was stunned by the combination of factors it offered when I got it: * Handles like a sports car * Turns like a sedan * Drives off-road like an SUV * Sips gas like a sedan "Like" means "unlike a minivan", not "exactly like". ;-) I used to recommend MPVs to everybody. Unf...
by rcshouldis
Wed Jun 15, 2011 4:49 pm
Forum: Personal Consumer Issues
Topic: Homeowner maintenance poll
Replies: 33
Views: 4878

I do almost everything including the plumbing, shower & toilet replacements, drywalling, minor electrical, painting and heating system maintenance including hot water heaters. I have saved over $3,000 over the last 10 years.
by rcshouldis
Sat Jun 11, 2011 6:58 pm
Forum: Investing - Theory, News & General
Topic: Shiller: Home-Price Drop of 10 - 25% 'Wouldn’t Surprise Me
Replies: 53
Views: 7005

Re: Shiller: Home-Price Drop of 10 - 25% 'Wouldn’t Surpris

At a conference, Yale Professor and Economist Robert Shiller said that U.S. home-price declines of 10% to 25% ‘Wouldn’t surprise me’. Comments were written up in an article at Bloomberg ( http://www.bloomberg.com/news/print/2011-06-09/shiller-says-u-s-home-price-declines-of-10-to-25-wouldn-t-surpri...
by rcshouldis
Sat Jun 11, 2011 6:35 pm
Forum: Investing - Theory, News & General
Topic: Poll: Imagine this Worst Case Scenario. What to do?
Replies: 42
Views: 3937

Re: Poll: Imagine this Worst Case Scenario. What to do?

Imagine: We wake up tomorrow to learn that a nuclear war has broken out in the Mid-East. Stock markets worldwide are down 50%. Your total portfolio is now worth ___. A more conventional war is expected to continue with the world’s major powers taking opposing sides. Experts tell us that world oil s...
by rcshouldis
Sun Jun 05, 2011 5:38 pm
Forum: Investing - Theory, News & General
Topic: Favorite Vanguard "Active" Funds?
Replies: 23
Views: 3953

Findelglorin wrote:Wellington
Wellesley
+1
by rcshouldis
Tue May 31, 2011 1:19 pm
Forum: Personal Finance (Not Investing)
Topic: 25% of retirees have no more savings
Replies: 79
Views: 10052

And the answer is to ... impoverish the rest of us to keep them going? I'm sorry, but my sympathy quotient is pretty exhausted today. While there are some who will be in the position due to unforeseen circumstances, the majority of there because they put themselves there (by overspending, undersavi...
by rcshouldis
Sat May 28, 2011 8:08 am
Forum: Investing - Theory, News & General
Topic: Is there such a thing as "good" market timing?
Replies: 93
Views: 6736

If Larry Swedrow advocated moving money to and from equity ( changing equity/fixed ratio)to hit the market then IMO it surely is market timing. I guess he is suggesting a mild form of bond timing. They key, as far as I see it, is to maintain an acceptable risk (equity/fixed ratio) and to be well div...
by rcshouldis
Mon May 23, 2011 8:08 pm
Forum: Investing - Theory, News & General
Topic: Bonds Forcasting Market Correction?
Replies: 13
Views: 2907

Don't ever listen to CNBC. You have a more productive experience painting your house.
by rcshouldis
Mon May 23, 2011 4:25 pm
Forum: Personal Consumer Issues
Topic: What do you eat for breakfast?
Replies: 116
Views: 12666

2 cups of Coffee and a bagel with cream cheese
by rcshouldis
Sun May 22, 2011 7:14 pm
Forum: Personal Consumer Issues
Topic: WalMart Robin Problem
Replies: 16
Views: 2321

they are not going to live. sorry, but there's about 0 chance. might be able to take um back and put the nest near where it originally was, but even then the chance for success is quite minimal. Sorry but all of us work and we just didn't have time to try to save them. Nature is cruel but what is i...
by rcshouldis
Sun May 01, 2011 11:28 pm
Forum: Investing - Help with Personal Investments
Topic: What are you buying now and why?
Replies: 53
Views: 8288

Not buying anything right now. I have 20% in cash just sitting there waiting for the right opportunity.
by rcshouldis
Sun May 01, 2011 11:14 pm
Forum: Personal Consumer Issues
Topic: USAMA BIN LADEN IS DEAD
Replies: 50
Views: 7451

Now if they could only bring back all those he killed.
by rcshouldis
Sun May 01, 2011 11:12 pm
Forum: Investing - Theory, News & General
Topic: 10 Reasons You Should Never Own Stocks Again
Replies: 13
Views: 3338

Good article. I liked it. He tells it like it is.
by rcshouldis
Sun May 01, 2011 11:43 am
Forum: Personal Consumer Issues
Topic: Bye Bye Microsoft- Hello Mac!
Replies: 193
Views: 25416

tj218 wrote:I'd go Ubuntu before I would touch a Mac. They are way too overpriced.
+1
by rcshouldis
Sun May 01, 2011 10:13 am
Forum: Personal Consumer Issues
Topic: Drug store Blood Pressure machines?
Replies: 44
Views: 6989

Re: Drug store Blood Pressure machines?

Any opinions on the accuracy of the machines that will check blood pressure? There is one in the drug store and using it is free, easy and convenient - stick your arm in the cuff, press the start button, and you have Blood pressure and pulse in a minute. My wife says her doctor told her these thing...
by rcshouldis
Sun May 01, 2011 9:52 am
Forum: Personal Finance (Not Investing)
Topic: Angry and Bitter [interaction with financial advisor]
Replies: 95
Views: 13962

Personally, I don't blame the financial sales people for taking fees. After all, they do provide a service to those who don't or can't do their own financial planning. Heck, I don't grind my own hamburger. I buy it from the butcher even though I'm pretty sure I (or a 4th grader) could run a meat gr...
by rcshouldis
Tue Apr 19, 2011 3:48 pm
Forum: Personal Consumer Issues
Topic: Oil Change Irritation - UPDATE 4/25 7:29 AM
Replies: 84
Views: 11742

Forget about the place. Find another with people you can trust. If they lie to you about the smaller things they'll lie about anything. There are plenty of other shops offering oil change specials all the time.
by rcshouldis
Tue Apr 19, 2011 3:42 pm
Forum: Personal Finance (Not Investing)
Topic: Causes of job changes during professional career
Replies: 11
Views: 2055

I think most people who have been in the workforce for over 20 years have experienced multiple instances and reasons for changing jobs.
by rcshouldis
Sat Apr 16, 2011 5:54 pm
Forum: Investing - Theory, News & General
Topic: Average amount saved for retirement by age
Replies: 148
Views: 37003

However, NOT including Social Security, pensions, and primary residence is to ignore a goodly chunk of money. I'm 75 and have nowhere near the mandatory million that seems to be required, but I've been retired since I was 44. But I do have a pension and Social Security and my house is almost paid o...
by rcshouldis
Sat Apr 16, 2011 5:30 pm
Forum: Investing - Theory, News & General
Topic: Average amount saved for retirement by age
Replies: 148
Views: 37003

Tuxx wrote:Could this be because of underwater mortgages? I know plenty of folks that would have to cut a check for $200K+ just to get out of the mortgage.
I'll bet many people were counting on the value of their home to be a substitute for a IRA or savings account.
by rcshouldis
Sat Apr 16, 2011 5:17 pm
Forum: Personal Consumer Issues
Topic: Bogleheads are "slowlaners" - Millionaire Fast Lan
Replies: 100
Views: 13423

For a smart group of folks on here I am not sure why this comes as a surprise. No doubt fast millionairs get there by being business men and everybody else has to do it slowly. Is that a revelation? Haven't read his book, but the point of investing is to get to wealth with as little risk as possibl...
by rcshouldis
Sat Apr 16, 2011 4:38 pm
Forum: Investing - Help with Personal Investments
Topic: Question for those in retirement
Replies: 37
Views: 5901

61 years old. 50/50 portfolio. Bonds all short term. Equity all diversified into 10 different ETFs. Large cap, small cap, value and growth both US and International.

Plan of taking SS at 64. My pension and SS should pay all bills for quite some time.
by rcshouldis
Thu Mar 31, 2011 4:46 pm
Forum: Investing - Theory, News & General
Topic: "Major Crash" Coming for Stocks...
Replies: 22
Views: 4016

Re: "Major Crash" Coming for Stocks...

A friendly reminder to stay the course and ignore people like Harry Dent. Harry Dent: “Major Crash” Coming for Stocks, Commodities Already Topping Out Does somebody actually get paid to say things like this? The good news, for those long, is Dent predicts the Dow will trade as high as 13,200 by mid...
by rcshouldis
Wed Mar 30, 2011 5:51 pm
Forum: Personal Finance (Not Investing)
Topic: Applying for first credit card
Replies: 36
Views: 6614

Re: Applying for first credit card

I don't have any debt. No sketchy financial history. I thought I would be a shoe-in for the first credit card I applied for. DENIED Then again for the second one. I wish I had picked one up a few years ago in college when they were practically throwing them at me. I suppose the denials are due to m...
by rcshouldis
Wed Mar 30, 2011 10:41 am
Forum: Personal Finance (Not Investing)
Topic: Debit card compromised, looking for advice.
Replies: 25
Views: 4249

looking for advice You have much more clout and alot less risk when using your credit card. By disputing charges on your credit card the bank will investigate and usually free you from liability. With a debit card you're on the hook. THe loss on your checking account from a fraudulent debit charge ...
by rcshouldis
Tue Mar 29, 2011 10:05 pm
Forum: Investing - Help with Personal Investments
Topic: 60 Minutes story on US companies with "foreign" he
Replies: 18
Views: 3295

Imagine how many jobs would come to the US if the corporate tax rate was dropped to 10%... Given current conditions, a substantial rate drop like that requires a huge individual rate increase (probably from 35% to 55% for top bracket) with a potential VAT system like Canada/Europe. But I'm assuming...
by rcshouldis
Tue Mar 29, 2011 9:41 pm
Forum: Personal Finance (Not Investing)
Topic: Debit card compromised, looking for advice.
Replies: 25
Views: 4249

looking for advice When the smoke clears, get rid of the debit card. As you have found out they really are not the same as a credit card. Every few years my bank tries to send me a debit card to replace my plain ATM card. I call then and usually the conversation goes like this; Me) Hi, you sent me ...
by rcshouldis
Mon Mar 28, 2011 1:25 pm
Forum: Investing - Theory, News & General
Topic: I love this!
Replies: 3
Views: 1569

Re: I love this!

Investing isn’t like hiring a basketball coach, Richards argues, but rather like planting an oak tree: “You never plant a tree and then pull it out every time the wind blows just to check the roots.” He also quotes this gem from Warren Buffett: “Benign neglect, bordering on sloth, remains the hallm...
by rcshouldis
Mon Mar 28, 2011 1:22 pm
Forum: Investing - Theory, News & General
Topic: WSJ:Why Your Nest Egg May Not Last
Replies: 80
Views: 14928

Investors starting out retirement in adverse market conditions, such as those of the past few years, may only be able to safely withdraw smaller percentages than is now the conventional wisdom -- such as less than 3%, Mr. Easterling says. One extreme to the other. A statement like that probably doe...
by rcshouldis
Mon Mar 28, 2011 1:10 pm
Forum: Personal Consumer Issues
Topic: complaint - why are we regulated to 6 online transfers/month
Replies: 28
Views: 3785

spefactor wrote:My account at Ally has a similar restriction. It only applies to savings accounts. They also cite federal laws.

Same here.
by rcshouldis
Mon Mar 28, 2011 1:08 pm
Forum: Investing - Help with Personal Investments
Topic: 60 Minutes story on US companies with "foreign" he
Replies: 18
Views: 3295

All I know is that I have to pay my taxes. Since the supreme court ruled that Corporations have the same rights as individuals (LOL), they should pay up too.
by rcshouldis
Sun Mar 27, 2011 10:20 am
Forum: Personal Consumer Issues
Topic: Internet Explorer 9 released
Replies: 27
Views: 3804

Since my original post regarding IE 9, I have been using it. The favorites list is now on the right instead of the left. The overall look is sleeker and cleaner. Curious problem - I cannot get Vanguard account page to load. I get into Vanguard and it has my welcome page, but it will not bring up ac...