Search found 106 matches

by MEA
Sat Nov 10, 2018 7:39 pm
Forum: Investing - Help with Personal Investments
Topic: A few asset allocation questions
Replies: 10
Views: 1027

Re: A few asset allocation questions

A pension or social security is an income stream. It reduces your dependency on your portfolio to support your retirement. Your salary is also an income stream but people don't convert that into a pseudo bond. Let income streams be income and actual fixed income like bonds, Savings, Stable Value Fu...
by MEA
Sat Nov 10, 2018 4:22 pm
Forum: Investing - Help with Personal Investments
Topic: A few asset allocation questions
Replies: 10
Views: 1027

Re: A few asset allocation questions

A pension or social security is an income stream. It reduces your dependency on your portfolio to support your retirement. Your salary is also an income stream but people don't convert that into a pseudo bond. Let income streams be income and actual fixed income like bonds, Savings, Stable Value Fu...
by MEA
Sat Nov 10, 2018 3:19 pm
Forum: Investing - Help with Personal Investments
Topic: A few asset allocation questions
Replies: 10
Views: 1027

Re: A few asset allocation questions

Determining your risk tolerance and translating that into an investment allocation is an educated guess translated into another educated guess. And those guesses would likely change depending on your investing experience and age. Most in the accumulation stage can tolerate market declines without t...
by MEA
Sat Nov 10, 2018 8:03 am
Forum: Investing - Help with Personal Investments
Topic: A few asset allocation questions
Replies: 10
Views: 1027

Re: A few asset allocation questions

very interesting questions and very interesting scenario. There are different ways to look at risk (inflation risk vs. market risk are the two you're concerned about). There are different ways to look at asset allocation. Risk first -- I think inflation is a more intangible form of risk especially ...
by MEA
Thu Nov 08, 2018 6:04 pm
Forum: Investing - Help with Personal Investments
Topic: A few asset allocation questions
Replies: 10
Views: 1027

A few asset allocation questions

As far as investing goes I have been very very fortunate. Over the years I have had long conversations about investing with both my grandfather and my father. They taught me about indexing, buy and hold, and everything else I needed to know. But their views on AA are very very different. So In one e...
by MEA
Tue Feb 06, 2018 10:41 am
Forum: Investing - Theory, News & General
Topic: Where Are The 100% Equity Bulls? BND up .44%
Replies: 47
Views: 5429

Re: Where Are The 100% Equity Bulls? BND up .44%

Is there some sort of point to this thread other than a sophomoric attempt to ridicule people who do not follow your investment methodology? If there is, I clearly missed the substance of it. It usually takes a big drop to scare the 100% equity people away from their strategy during a long bull run...
by MEA
Tue Feb 06, 2018 10:22 am
Forum: Investing - Theory, News & General
Topic: I can't believe I am thinking this [Panic and Survival 2008-09]
Replies: 262
Views: 130840

Re: I can't believe I am thinking this [Panic and Survival 2008-09]

I’m actually enjoying this one. I was beginning to think the market was broken. Good to see it acting normal again.
by MEA
Wed Jan 17, 2018 9:12 pm
Forum: Investing - Theory, News & General
Topic: Recent market gains
Replies: 18
Views: 2058

Re: Recent market gains

Keep in mind there is no money in the market because stocks are not money. What is happening is that the buyers of stocks are transferring money to the sellers of stocks, but there is not more money in total than before. However, that does not change the actual question as to who is giving up money...
by MEA
Mon Dec 25, 2017 9:06 am
Forum: Investing - Theory, News & General
Topic: Do any of you follow Bob Brinker?
Replies: 65
Views: 12978

Re: Do any of you follow Bob Brinker?

I find his advice to be very much inline with Bogles. Uh, except that whole market timing thing - right? In 2000 Brinker went 40/60. Bogle sold everything. They both change AA if they think the market is overvalued. Jack Bogle sold his entire stock market holding in 2000??? Reference, please... I d...
by MEA
Mon Dec 25, 2017 9:02 am
Forum: Investing - Theory, News & General
Topic: Do any of you follow Bob Brinker?
Replies: 65
Views: 12978

Re: Do any of you follow Bob Brinker?

I find his advice to be very much inline with Bogles. Uh, except that whole market timing thing - right? In 2000 Brinker went 40/60. Bogle sold everything. They both change AA if they think the market is overvalued. Jack Bogle sold his entire stock market holding in 2000??? Reference, please... I d...
by MEA
Sun Dec 24, 2017 10:04 pm
Forum: Investing - Theory, News & General
Topic: Do any of you follow Bob Brinker?
Replies: 65
Views: 12978

Re: Do any of you follow Bob Brinker?

MrPotatoHead wrote:
Sun Dec 24, 2017 9:43 pm
MEA wrote:
Sun Dec 24, 2017 2:09 pm
I find his advice to be very much inline with Bogles.
Uh, except that whole market timing thing - right?
In 2000 Brinker went 40/60. Bogle sold everything. They both change AA if they think the market is overvalued.
by MEA
Sun Dec 24, 2017 3:12 pm
Forum: Investing - Theory, News & General
Topic: Do any of you follow Bob Brinker?
Replies: 65
Views: 12978

Re: Do any of you follow Bob Brinker?

I used to listen to him from time to time a few years ago. I forgot the name of the guy who tracks investor's newsletters and how well/accurate they were in their predications. I do remember him saying the Brinker back in 2003 was the guy closet to picking the bottom of the market and telling his s...
by MEA
Sun Dec 24, 2017 2:09 pm
Forum: Investing - Theory, News & General
Topic: Do any of you follow Bob Brinker?
Replies: 65
Views: 12978

Re: Do any of you follow Bob Brinker?

We wouldn’t be entering the land of critical mass now without Bob Brinker and the starship money talk. I can also credit him for avoiding any shark attacks. No one takes a bite out of my wallet. 8-) Actually I’ve always been a buy and hold invester, and have never subscribe to his news letter. I lov...
by MEA
Tue Nov 21, 2017 7:59 am
Forum: Investing - Theory, News & General
Topic: Holding VTSAX only
Replies: 46
Views: 6962

Re: Holding VTSAX only

Even better go 50/50 VTSAX/VTIAX and call it a day. Add Total Bond funds when you get older. Simple.... The older I get the more I realize how I like this appraoch. I currenly have 70% VTSAX, 25% VTIAX, 5% VBTLX (only about 2k worth) but I wonder, what is even the point of keeping 2k there? Im 27 y...
by MEA
Tue Nov 07, 2017 8:38 pm
Forum: Investing - Theory, News & General
Topic: "I took all my money out of the stock market and it feels amazing"
Replies: 69
Views: 10667

Re: "I took all my money out of the stock market and it feels amazing"

It will most likely only feel "amazing" for a short period of time. If you worry so much that you can't tolerate a 40/60 or a 30/70 portfolio your mind will most likely find something else to worry about. Perhaps your health. I agree, it sounds like market timing. Market timing to ease the mind. I g...
by MEA
Tue Oct 10, 2017 2:03 pm
Forum: Investing - Theory, News & General
Topic: Has your "risk tolerance" been tested?
Replies: 105
Views: 8845

Re: Has your "risk tolerance" been tested?

I'm a fraidycat and have always had "too conservative" an allocation. As a matter of fact in 2007 I had gotten to thinking that maybe I had overdone it and maybe I should nudge our stock allocation up just a little bit. 2008-2009 showed that it was a good thing I hadn't. We had gauged it about righ...
by MEA
Fri Oct 06, 2017 9:59 pm
Forum: Investing - Theory, News & General
Topic: Are stocks going up only because all the alternatives are lousy?
Replies: 45
Views: 6279

Re: Are stocks going up only because all the alternatives are lousy?

We keep hearing the warnings about high stock valuations and possibility of market losses, poor returns, etc. I believe it, but every time I think about what to do about it, all the other choices stink, so I stay in stocks. And they keep going up for no good reason that I can discern. Cash? no retu...
by MEA
Thu Sep 14, 2017 12:43 pm
Forum: Investing - Theory, News & General
Topic: Bitcoin is dropping right now after a big Chinese exchange announces closure
Replies: 84
Views: 8562

Re: Bitcoin is dropping right now after a big Chinese exchange announces closure

https://www.cnbc.com/2017/09/14/bitcoin-is-dropping-right-now-after-a-big-chinese-exchange-said-it-is-closing.html BTC China said in a tweet Thursday it will close down its operations by Sept. 30 as Chinese authorities crack down on cryptocurrencies Wondering if this is it the beginning of the end!...
by MEA
Thu Sep 07, 2017 12:11 pm
Forum: Investing - Theory, News & General
Topic: Michael Kitces 4% rule podcast on Madfientist
Replies: 355
Views: 46203

Re: Michael Kitces 4% rule podcast on Madfientist

I finally got a chance to listen to it, and I enjoyed it too. One question. Is it 4% of the amount you have the year you start the withdrawals, and you withdraw that amount every year regardless of the account balance. Or do you withdraw 4% of the balance of the portfolio as it goes up and down year...
by MEA
Tue Sep 05, 2017 6:00 pm
Forum: Investing - Theory, News & General
Topic: Three Centuries of Asset Returns, 1694-2015
Replies: 35
Views: 5261

Re: Only Three Centuries of Data, 1694-2000

It doesn't make sense to me to use data on stock returns from the 1700s for anything but historical purposes. The British had an Empire that stretched around the world, the fastest communication and transportation between the Old and New Worlds took at least two months by wooden sailing ships, Brit...
by MEA
Sat Aug 05, 2017 6:20 am
Forum: Investing - Theory, News & General
Topic: Greenspan: Look Out When Bonds Pop
Replies: 58
Views: 10020

Re: Greenspan: Look Out When Bonds Pop

Greenspan was on CNBC today, with more of the same https://www.cnbc.com/2017/08/04/greenspan-bond-bubble-about-to-break-because-of-abnormally-low-interest-rates.html ..."I have no time frame on the forecast," he said. "I have a chart which goes back to the 1800s and I can tell you that this particu...
by MEA
Tue Aug 01, 2017 5:29 pm
Forum: Investing - Theory, News & General
Topic: Greenspan: Look Out When Bonds Pop
Replies: 58
Views: 10020

Re: Greenspan: Look Out When Bonds Pop

nedsaid wrote:
drk wrote:He also says that he sees the return of stagflation. Unfortunately, he lost any credibility while inflating the last two bubbles.
What does Alan Greenspan think will cause 1970's style stagflation?
He explains his thinking in this video. Lots of charts too!

https://youtu.be/wJR_gej8Lpc
by MEA
Sat Jul 01, 2017 6:08 pm
Forum: Investing - Theory, News & General
Topic: What may have led to the US stock sell-off on 6-30-17 at 3:50-4:00 p.m.?
Replies: 50
Views: 6604

Re: What may have led to the US stock sell-off on 6-30-17 at 3:50-4:00 p.m.?

According to Art Cashin it was automated programs reacting to each other. If they had more time maybe we could have seen another flash crash like the one we had in 2010?
by MEA
Thu Jun 29, 2017 11:46 pm
Forum: Investing - Theory, News & General
Topic: Good on Cramer!
Replies: 19
Views: 4977

Re: Good on Cramer!

I caught part of one of his shows a few years ago. He recommended that you save 10 to 15% of your income in a low cost S&P 500 index fund, and he recommended Vanguard. He said if you have anything left over then that's your mad money. He didn't press any buttons or ring any bells, and yeah, it was p...
by MEA
Sun Jun 18, 2017 6:18 pm
Forum: Investing - Theory, News & General
Topic: Best Financial Advice from Dad (in honor of father's day)
Replies: 78
Views: 8649

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

This is a difficult question for me. When I started asking questions about investing back in the 80s and 90s both my father and grandfather (who was living with my parents for the last part of his life) were Bogleheads. I got a lot of good advice. It's hard for me to pick just one because it was all...
by MEA
Sat Jun 17, 2017 2:19 pm
Forum: Investing - Theory, News & General
Topic: Market Monitoring -- Best Practices?
Replies: 33
Views: 2427

Re: Market Monitoring -- Best Practices?

I was speaking with a co-worker the other day about the lofty levels the market is reaching. We talked about the possibility of a "Trump bubble". I asked if he and his friends keep an eye on this market and how. He said they check weekly and just try to get a feeling based on the news. While not a ...
by MEA
Fri Jun 16, 2017 10:41 pm
Forum: Investing - Theory, News & General
Topic: How Does Fed Reduce Balance Sheet?
Replies: 24
Views: 4152

Re: How Does Fed Reduce Balance Sheet?

... The part I can't understand is how is all this connected to the stock market? If QE inflated the stock market then why aren't people worried the unwinding of QE will deflate the stock market? For years people attributed the rise in the market to QE. There is no worries that it's all going to be...
by MEA
Fri Jun 16, 2017 10:07 pm
Forum: Investing - Theory, News & General
Topic: How Does Fed Reduce Balance Sheet?
Replies: 24
Views: 4152

Re: How Does Fed Reduce Balance Sheet?

Just want to thank all who spent a few minutes to explain how it works with the Fed redeeming bonds. Sifting through all the replies I gather that the Fed borrows cash from the Treasury and used it to do the QE program. Then that would explain how the Feds balance sheet can be reduced by returning ...
by MEA
Mon Jun 05, 2017 8:10 pm
Forum: Investing - Theory, News & General
Topic: Retreat to cash
Replies: 335
Views: 66328

Re: Retreat to cash

28-Nov-2016 1500 UTC Well, let's see what happens. Unconvinced by the feedback here, I've decided to get out of the market for a while. I remain convinced that there is an above average probability that the markets will experience a period of significant decline due to turmoil as the US administrat...
by MEA
Sun May 21, 2017 6:25 am
Forum: Investing - Theory, News & General
Topic: Demand for stocks too high? (investor behavior)
Replies: 20
Views: 2660

Re: Demand for stocks too high? (investor behavior)

Anyone else worried about the demand for stocks? - People don't need to buy or follow individual names, indexing is more prevalent today - Buying the dip has been a rewarded behavior for many years now - 8 years into a recovery - The great recession (which was a traumatic experience), had a short r...
by MEA
Fri May 19, 2017 8:20 pm
Forum: Investing - Theory, News & General
Topic: Milestone and not peeking. . .
Replies: 66
Views: 10143

Re: Milestone and not peeking. . .

Congratulations! Anyone else find that when they hit a new milestone it doesn't seem like a lot of money anymore. When we reached 100K it didn't seem like a lot of money. I thought if we could double it "that would be a lot of money." But when we reached 200K it no longer seemed like a lot. 400 see...
by MEA
Fri May 19, 2017 7:15 pm
Forum: Investing - Theory, News & General
Topic: Milestone and not peeking. . .
Replies: 66
Views: 10143

Re: Milestone and not peeking. . .

Congratulations! Anyone else find that when they hit a new milestone it doesn't seem like a lot of money anymore. When we reached 100K it didn't seem like a lot of money. I thought if we could double it "that would be a lot of money." But when we reached 200K it no longer seemed like a lot. 400 seem...
by MEA
Sat Apr 22, 2017 6:07 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe says "Goodbye."
Replies: 336
Views: 51083

Re: Larry Swedroe says "Goodby."

I wish you would reconsider Larry. Obviously you're going to be missed by many here. I was just starting to read your posts and understand your approach to investing. It's a little more complicated than my simple buy and hold the S&P 500 approach. It's time for us (my wife and I) to start to protect...
by MEA
Fri Apr 21, 2017 9:18 pm
Forum: Investing - Theory, News & General
Topic: Single most important investing advice?
Replies: 97
Views: 15018

Re: Single most important investing advice?

30 years ago my father advised me to buy and hold low cost index funds. Don't waste money, invest it for the long run. Go 100% stocks when you're young. Pay yourself first. When stocks go down you get more shares for your money. Don't stop buying when the market sells off. Take advantage of a IRA. E...
by MEA
Sat Apr 01, 2017 6:18 pm
Forum: Investing - Theory, News & General
Topic: Population Pyramids and Investing Patterns
Replies: 32
Views: 5227

Re: Population Pyramids and Investing Patterns

Reading this thread makes me wonder how much wealth will be passed down to the next generation. And how much of that wealth will go from bond funds to stock funds?
by MEA
Sat Mar 18, 2017 12:16 pm
Forum: Investing - Theory, News & General
Topic: Why don't things "feel" bubbly?
Replies: 76
Views: 10641

Re: Why don't things "feel" bubbly?

PE10 is hovering around 30. The only times these levels were reached before were the late 1920s and late 1990s. I realize feeling is subjective, but I recall the 2000 and 2008 and things just don't really "feel" like those times. I don't see similar warning articles by the usual permabears, even. I...
by MEA
Tue Jan 10, 2017 8:10 pm
Forum: Investing - Theory, News & General
Topic: How Bad was 2008, really?
Replies: 224
Views: 23621

Re: How Bad was 2008, really?

Full disclosure, I was too young to be invested during the financial crisis. That being said, I'm having trouble understanding how bad it was. I hear about these bear markets (tech bubble, financial crisis, etc). All I see is a sharp decline, and then everything is gained back a couple years later....
by MEA
Sun Jan 08, 2017 8:44 pm
Forum: Investing - Theory, News & General
Topic: Bernstein-"To Make Money They Didn't Need".....and Pascal's Wager
Replies: 187
Views: 23862

Re: Bernstein-"To Make Money They Didn't Need".....and Pascal's Wager

Innovation is an exponential process. It happens faster and faster. In the beginning of this excellent but long post about artificial intelligence, the Waitbutwhy blog discusses the speed of innovation: http://waitbutwhy.com/2015/01/artificial-intelligence-revolution-1.html It's very thought-provok...
by MEA
Fri Jan 06, 2017 4:48 pm
Forum: Investing - Theory, News & General
Topic: I am timing the market. Why am I wrong?
Replies: 89
Views: 7743

Re: I am timing the market. Why am I wrong?

I'm looking for someone to explain why I am wrong. Back in the 90s I read a article in Morningstar magazine. It said that the stock market goes up 70% of the time and it goes down 30% of the time. Anytime you take your money out you have a 70% chance it's going up and a 30% chance it's going down. ...
by MEA
Mon Jan 02, 2017 8:03 am
Forum: Investing - Theory, News & General
Topic: Almost made it through another year without breaking a rule- but then, we learned to Scuba
Replies: 31
Views: 3173

Re: Almost made it through another year without breaking a rule- but then, we learned to Scuba

Cozumel dose have a fresh water cave system, and you do need a cave certification to dive it. However a cave certification is not required to go through the swim-throughs out on the reefs. Some divers opt-out and swim over the top. They can see the bubbles and follow the group without going in. Devi...
by MEA
Sun Jan 01, 2017 6:48 pm
Forum: Investing - Theory, News & General
Topic: Almost made it through another year without breaking a rule- but then, we learned to Scuba
Replies: 31
Views: 3173

Re: Almost made it through another year without breaking a rule- but then, we learned to Scuba

A nitrox course will teach you more about this aspect of diving. Interesting. I have always avoided nitrox training because I enjoy diving at depth. Depends on what depth. Devil's Throat on Cozumel exits around 130 feet, so typical nitrox blends won't work for that. But 32% Nitrox is safe to 111 fe...
by MEA
Sat Dec 31, 2016 2:46 pm
Forum: Investing - Theory, News & General
Topic: Almost made it through another year without breaking a rule- but then, we learned to Scuba
Replies: 31
Views: 3173

Re: Almost made it through another year without breaking a rule- but then, we learned to Scuba

Hery wrote: Also, any divers out there with tips for us newbies to keep costs down?
There is no way to keep costs down when it comes to scuba. Three quarters of the world is underwater, how else are you going to see it? I would start here though http://www.scubaboard.com/community/forums/cozumel.208/
by MEA
Sat Dec 31, 2016 2:02 pm
Forum: Investing - Theory, News & General
Topic: Spending during retirement
Replies: 9
Views: 1407

Re: Spending during retirement

We live in a lower cost state, own a paid for home and maintain it, have 2 autos. Our in-retirement spending, including taxes (very little), travel and donations were as follows: 2016 year $52,767 (no big expense this time). I will add to that our New Years Eve, which is also our 56th anniversary, ...
by MEA
Sat Dec 31, 2016 11:25 am
Forum: Investing - Theory, News & General
Topic: Spending during retirement
Replies: 9
Views: 1407

Spending during retirement

I would be interested in hearing what Bogleheads are spending in their retirement years. I am most interested in people getting by on less than 75,000 a year. I don't see how we can do this for less than 75,000 a year. This will be early retirement for us (56 and 58) so I am taking into account heal...
by MEA
Fri Dec 30, 2016 10:39 am
Forum: Investing - Theory, News & General
Topic: Bond Allocation if you don't care about Volatility
Replies: 26
Views: 1902

Re: Bond Allocation if you don't care about Volatility

Hi, I am a young investor (in my 20's) and my investment horizon is 40+ years. If I don't care about volatility and only about getting the market return, is there any reason to have bonds other than investor psychology (i.e. reducing volatility so I'm less likely to sell assets in a downmarket). Hi...
by MEA
Wed Dec 28, 2016 5:50 pm
Forum: Investing - Theory, News & General
Topic: Remember what it was like before the recession?
Replies: 81
Views: 10222

Re: Remember what it was like before the recession?

My other recollection is the 'psychology' of the market. People may say, "Oh, there was plenty of warning and X was talking about it" but that is not my recollection at all. People were investing - a lot. They were flipping houses - a lot. Unemployment was very low. Thinking back, there was nothing...
by MEA
Tue Dec 27, 2016 8:48 pm
Forum: Investing - Theory, News & General
Topic: Remember what it was like before the recession?
Replies: 81
Views: 10222

Re: Remember what it was like before the recession?

I remember discussing if housing was in a bubble with a coworker. Our discussion wasn't about if it was in a bubble, but what would happen when it popped. Would it take down the stock market? He said yes housing was too big a part of the economy and it would. I wasn't convinced of that. I thought th...
by MEA
Mon Dec 19, 2016 6:10 pm
Forum: Investing - Theory, News & General
Topic: What do you think is in more of a bubble right now?
Replies: 57
Views: 7907

Re: What do you think is in more of a bubble right now?

Chances are the next black swan event will not be a repeat of something we have seen before. Just one possibility - are we in a "trade bubble?" It is being taken for granted that the United States is participating freely in an enormous global marketplace where the trend is towards lower tariffs and...