Search found 381 matches

by Tamalak
Thu Nov 16, 2017 10:11 am
Forum: Personal Finance (Not Investing)
Topic: Pile of Cash - What to do
Replies: 25
Views: 2879

Re: Pile of Cash - What to do

What is your 1.3 mil invested in?
by Tamalak
Thu Nov 09, 2017 3:55 pm
Forum: Investing - Theory, News & General
Topic: Selling all equities, discuss why I'm wrong. :)
Replies: 260
Views: 35048

Re: Selling all equities, discuss why I'm wrong. :)

Huh. OP pulling out was the same month and year that I finally entered the market (100% VT, hundreds of thousands of dollars).

I've been pretty happy with the results!
by Tamalak
Thu Nov 09, 2017 2:59 pm
Forum: Personal Finance (Not Investing)
Topic: How old are you and how much do you save for retirement a year
Replies: 151
Views: 12745

Re: How old are you and how much do you save for retirement a year

Age 34. Make about 90k. Save about 45k/yr. Have presently 410k. Want to leanFIRE at about 1million at age 40+. Or at least change careers to something less lucrative and more fun.
by Tamalak
Mon Nov 06, 2017 9:35 am
Forum: Investing - Theory, News & General
Topic: U.S. & International Allocation
Replies: 36
Views: 3315

Re: U.S. & International Allocation

To the original point however, a 50% Total Stock and 50% Total International has to be a "sweat spot" for Bogleheads in terms of simplicity and not speculating on the future direction of the domestic and international markets. I really think this, and any other 'static percentage' allocations (incl...
by Tamalak
Thu Nov 02, 2017 10:35 am
Forum: Investing - Theory, News & General
Topic: the One investment to rule them all?
Replies: 25
Views: 3291

Re: the One investment to rule them all?

My rule of thumb is.. 4% withdrawal rate is safe if you're retiring at a standard age, 3% is safe if you're retiring young, and 2% will increase your portfolio even if you retire young. So think about the ABSOLUTE MINIMUM you could retire on and multiply by 50, that's one number. Now think about wha...
by Tamalak
Tue Oct 31, 2017 8:53 am
Forum: Investing - Theory, News & General
Topic: Emotional impact of spending down assets?
Replies: 100
Views: 10031

Re: Emotional impact of spending down assets?

Because people, no matter what they tell themselves they feel and what others tell them they should feel, don't want to die.

But as a society it's so impolite to express that opinion that people are in denial that they have it, and then get confused by their own emotions :confused
by Tamalak
Fri Oct 20, 2017 11:26 am
Forum: Investing - Theory, News & General
Topic: 401k "only" up 13.5% YTD
Replies: 26
Views: 2644

Re: 401k "only" up 13.5% YTD

BOGLE WAS WRONG ABOUT INTERNATIONAL for the last few months I guess
by Tamalak
Wed Oct 18, 2017 9:19 am
Forum: Investing - Help with Personal Investments
Topic: bitcoin makes you rich
Replies: 49
Views: 4048

Re: anhybody buying bitcoin

anybody buying bitcoin I'm buying with a small amount when I hear one guy just made 6 million with the investment of $ 50 k ( true story ????) so what do you take on this No, I don't buy currency to make money. The forward-looking average expected return on currency is zero. The forward-looking ave...
by Tamalak
Wed Oct 18, 2017 8:25 am
Forum: Investing - Theory, News & General
Topic: The overselling of international diversification
Replies: 56
Views: 5043

Re: The overselling of international diversification

Recently internationals have shown increased revenues, profits, and most importantly increased exports. ...and by the time you see this it's too late to profitably invest. That's why I invest in everything, all the time, the Total Market. That's the philosophy Bogle and his followers originally rec...
by Tamalak
Thu Oct 12, 2017 12:57 pm
Forum: Investing - Help with Personal Investments
Topic: Need help investing $1M in today's market
Replies: 24
Views: 3886

Re: Need help investing $1M in today's market

Timing the market is a felony. DCAing is a misdemeanor. Neither are wise or rational, but go ahead and DCA over a year or two if the alternative would be 'waiting for a dip' or the like.

What would be better is lump summing into the market at an asset allocation conservative enough to let you sleep.
by Tamalak
Sun Oct 08, 2017 3:40 am
Forum: Investing - Theory, News & General
Topic: Has your "risk tolerance" been tested?
Replies: 105
Views: 6819

Re: Has your "risk tolerance" been tested?

Nope. I dumped my money into 100% VT stock in Sept 2015 (during a nice dip). It's been a smooth ride up so far, aside from an initial 10% drop that didn't bother me.
by Tamalak
Thu Oct 05, 2017 7:57 am
Forum: Personal Finance (Not Investing)
Topic: another 2 comma club member
Replies: 48
Views: 4357

Re: another 2 comma club member

Billionaire wrote:
Wed Oct 04, 2017 5:05 pm
Congrats!! I remember when I hit the three comma club, it was quite a thrill. Now The Thrill is Gone.
Give me money until you're down to 999 million, and then experience the thrill all over again! :twisted:
by Tamalak
Tue Oct 03, 2017 1:09 pm
Forum: Investing - Theory, News & General
Topic: How do you avoid bad market timing for lump sum investments?
Replies: 67
Views: 6955

Re: How do you avoid bad market timing for lump sum investments?

If you've been invested for 20 years and the market drops 10%, you lose 10%.

If you invested yesterday and the market drops 10%, you lose 10%.

The first scenario doesn't FEEL as bad, but it IS as bad.

You buy your portfolio every day.
by Tamalak
Wed Sep 27, 2017 11:17 am
Forum: Investing - Help with Personal Investments
Topic: Edward Jones (again)
Replies: 28
Views: 2404

Re: Edward Jones (again)

Edward Jones' ability to think up ways to screw you exceeds your ability to imagine ways they can screw you.

There may not be a "shortage" of questions on Edward Jones but there is only one question that matters, should you use Edward Jones? The answer is NO.
by Tamalak
Thu Sep 21, 2017 9:05 am
Forum: Investing - Theory, News & General
Topic: Reuters article - Vanguard asks passive investors to pay attention for proxy vote
Replies: 6
Views: 1553

Re: Reuters article - Vanguard asks passive investors to pay attention for proxy vote

Thanks for this. I was planning to ignore the 'vote now!' banner but if they actually need my vote to avoid expenses, I'll go for it.
by Tamalak
Fri Sep 15, 2017 12:15 pm
Forum: Personal Finance (Not Investing)
Topic: Advice Badly Needed---Meeting with Financial Advisor
Replies: 49
Views: 4080

Re: Advice Badly Needed---Meeting with Financial Advisor

OP, I'm impressed by how you managed to stand your ground against this scum, even though you were totally unprepared for the meeting and unsure of yourself. You're a rare breed.
by Tamalak
Fri Sep 08, 2017 4:08 pm
Forum: Investing - Theory, News & General
Topic: Bitcoin in 3-fund indexed portfolio?
Replies: 191
Views: 16352

Re: Bitcoin in 3-fund indexed portfolio?

No, there's no place for bitcoin. Bitcoin is a currency. The average forward-looking expected return on a currency is zero. The average forward-looking expected real return on a currency is zero minus inflation. Take a moment to feel good for lottery winners, and then move on. The argument for Bitc...
by Tamalak
Fri Sep 08, 2017 12:19 pm
Forum: Investing - Theory, News & General
Topic: Irrational fears?
Replies: 23
Views: 2027

Re: Irrational fears?

There is safety in numbers. You are one of millions of people invested in Vanguard. The scenarios you describe, I think, have never happened. If they DID happen to someone, the chances are one in millions that it would be you. You are a pigeon in a mountain of pigeons, whether or not there is a fox ...
by Tamalak
Fri Sep 08, 2017 12:13 pm
Forum: Investing - Theory, News & General
Topic: Bitcoin in 3-fund indexed portfolio?
Replies: 191
Views: 16352

Re: Bitcoin in 3-fund indexed portfolio?

No, there's no place for bitcoin. Bitcoin is a currency. The average forward-looking expected return on a currency is zero. The average forward-looking expected real return on a currency is zero minus inflation. Take a moment to feel good for lottery winners, and then move on. The argument for Bitc...
by Tamalak
Fri Sep 08, 2017 10:18 am
Forum: Investing - Theory, News & General
Topic: Bitcoin in 3-fund indexed portfolio?
Replies: 191
Views: 16352

Re: Bitcoin in 3-fund indexed portfolio?

No, there's no place for bitcoin. Bitcoin is a currency. The average forward-looking expected return on a currency is zero. The average forward-looking expected real return on a currency is zero minus inflation.

Take a moment to feel good for lottery winners, and then move on.
by Tamalak
Wed Sep 06, 2017 2:09 pm
Forum: Investing - Theory, News & General
Topic: How much weight do you put on back-testing?
Replies: 53
Views: 3684

Re: How much weight do you put on back-testing?

I use the historical average gain of the total stock market (6%-ish real) as a vague guess as to average expected future returns. I will not be shocked at all if it's wildly different. Stocks are shares in a VENTURE to try to create wealth, and every venture is new.
by Tamalak
Fri Sep 01, 2017 9:06 am
Forum: Investing - Theory, News & General
Topic: Ethereum (cryptocurrency) flash crash, 6/21/2017, $339->$0.10 in "seconds"
Replies: 30
Views: 4910

Re: Ethereum (cryptocurrency) flash crash, 6/21/2017, $339->$0.10 in "seconds"

I never understood the need for circuit breakers. Who cares if idiots privately trade shares of the same company - or currency - I'm holding for 80% less than fair value? It doesn't change the company. And it only temporarily changes the market value of the company's shares unless that 80% loss is j...
by Tamalak
Tue Aug 29, 2017 2:58 pm
Forum: Investing - Theory, News & General
Topic: Learning from loss
Replies: 23
Views: 2940

Re: Learning from loss

I think people tend to rationalize losses as a "lesson" more often than actually learning a lesson from them. I remember when GTAT went belly up and people lost their life savings many were "oh but I learned so much". No you didn't, you already knew how foolish putting everything in one speculative ...
by Tamalak
Tue Aug 29, 2017 7:13 am
Forum: Investing - Theory, News & General
Topic: Perhaps you shouldn't rebalance your international stock allocation
Replies: 21
Views: 4496

Re: Perhaps you shouldn't rebalance your international stock allocation

I hold VTI and VXUS at cap, and you're right that there's not a lot of need for rebalancing, but what about new IPOs? Those won't increase the value of a fund but they will increase the capitalization of that region.
by Tamalak
Fri Aug 25, 2017 3:25 pm
Forum: Investing - Theory, News & General
Topic: John Bogle video (discusses international)
Replies: 44
Views: 4258

Re: John Bogle video (discusses international)

Bogle was wrong about international VTI up 0.24% today VXUS up 0.64% Q.E.D.
by Tamalak
Fri Aug 25, 2017 8:29 am
Forum: Investing - Theory, News & General
Topic: Passive investing is a Ponzi scheme
Replies: 77
Views: 6164

Re: Active investing is a Ponzi scheme

Active investing (with high fees) is a simple scam, not a Ponzi scheme. It doesn't have anything like the structure of a Ponzi scheme.
by Tamalak
Wed Aug 23, 2017 12:56 pm
Forum: Investing - Help with Personal Investments
Topic: Scary times.. not really. Rebalance recommendations?
Replies: 9
Views: 2201

Re: Scary times.. not really. Rebalance recommendations?

Jack FFR1846 wrote:
Wed Aug 23, 2017 10:37 am
I firmly believe and follow Jack Bogle's quote about future returns:

"Nobody knows nothing"
"Nobody knows nothing, except U.S. stocks are better to invest in than international. We totally know that." -Bogle
by Tamalak
Wed Aug 23, 2017 8:39 am
Forum: Personal Consumer Issues
Topic: Would you hire an obese nanny?
Replies: 81
Views: 3329

Re: Would you hire an obese nanny?

No, I would not hire someone who is obviously unhealthy, especially ill health that is self-inflicted.
by Tamalak
Wed Aug 23, 2017 8:28 am
Forum: Investing - Help with Personal Investments
Topic: Are US S&P 500 Index funds speculative investments?
Replies: 63
Views: 4732

Re: Are US S&P 500 Index funds speculative investments?

A thimble factory produces something. A box of thimbles doesn't.

A thimble factory is an investment, a box of thimbles is speculation.

The above is true no matter how much or how little I know about thimbles.

So which one is the S&P?
by Tamalak
Tue Aug 22, 2017 12:08 pm
Forum: Investing - Theory, News & General
Topic: Total World (VT, VTWSX) Tilt? Simplicity...
Replies: 35
Views: 4241

Re: Total World (VT, VTWSX) Tilt? Simplicity...

spdoublebass wrote:
Tue Aug 22, 2017 11:54 am
Tamalak wrote:
Tue Aug 22, 2017 8:02 am
I WOULD hold VT if the ER was lower. Instead I hold VTI/VXUS at cap with each other.
BRK.A is .25% of VT and .04% of VTI
BRK.B is .43% of VT and 0% of VTI
Huh, really? Why??
by Tamalak
Tue Aug 22, 2017 11:27 am
Forum: Investing - Help with Personal Investments
Topic: How to Become a Spender?
Replies: 16
Views: 1585

Re: How to Become a Spender?

Figure out what will bring you happiness and do that. It doesn't matter if it's cheap or pricy. You have no obligation to spend your money!
by Tamalak
Tue Aug 22, 2017 9:44 am
Forum: Investing - Help with Personal Investments
Topic: Which dividends to take?
Replies: 4
Views: 637

Re: Which dividends to take?

If you can live off VTI dividends why not just retire now?
by Tamalak
Tue Aug 22, 2017 9:20 am
Forum: Investing - Help with Personal Investments
Topic: 33 years old, how am I doing ?
Replies: 54
Views: 8508

Re: 33 years old, how am I doing ?

OP, financially you're doing fine, but I would see a psychologist for your validation- and attention-seeking behavior :oops:
by Tamalak
Tue Aug 22, 2017 9:13 am
Forum: Personal Finance (Not Investing)
Topic: Jobs that pay over $100,000
Replies: 157
Views: 16914

Re: Jobs that pay over $100,000

So many people chastising this kid to "chase his passion". I have a couple friends who swallowed that advice wholesale from their idiot boomer parents, now they're in $150,000 debt for a degree in therapeutic basket weaving appreciation. Maybe this kid's passion is making a ton of money so he's free...
by Tamalak
Tue Aug 22, 2017 8:02 am
Forum: Investing - Theory, News & General
Topic: Total World (VT, VTWSX) Tilt? Simplicity...
Replies: 35
Views: 4241

Re: Total World (VT, VTWSX) Tilt? Simplicity...

I WOULD hold VT if the ER was lower. Instead I hold VTI/VXUS at cap with each other.
by Tamalak
Mon Aug 21, 2017 9:37 am
Forum: Investing - Theory, News & General
Topic: Irrational Despair?
Replies: 39
Views: 6073

Re: Irrational Despair?

"7 signs" the stock market is ready to run smack into a wall?

Was this right next to a link telling you how to "avoid market crashes with this one weird trick!"? :oops:

"Bear markets hate him!"
by Tamalak
Fri Aug 18, 2017 3:39 pm
Forum: Investing - Theory, News & General
Topic: How much international stock? A suggestion.
Replies: 228
Views: 44854

Re: How much international stock? A suggestion.

My decision was 0% International. Two years later, I am wondering 'why I am so smart'? I look and see its up..now I'm thinking I would be smart to get international in general but not now.... Market timing is hard. :oops: Consternation. And this is what tilting results in. Even on those years when ...
by Tamalak
Fri Aug 18, 2017 1:53 pm
Forum: Investing - Help with Personal Investments
Topic: Lost $7000 today in ONE DAY!
Replies: 183
Views: 16843

Re: Lost $7000 today in ONE DAY!

2015 wrote:
Fri Aug 18, 2017 1:49 pm
Unbelievable that a thread like this would warrant 3 pages. Really?
You're just jealous because 2017's more exciting than you.
by Tamalak
Fri Aug 18, 2017 9:42 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 4148
Views: 1102826

Re: U.S. stocks in freefall

I'll bite because I admit I'm still learning--and I am genuinely interested. How exactly do we lose money if we don't sell the shares and actually realize the loss? If I have a wallet with $100 in it, and someone steals $10 out of it, is it a real loss then, or when I open the wallet and take the m...
by Tamalak
Fri Aug 18, 2017 9:19 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 4148
Views: 1102826

Re: U.S. stocks in freefall

I'll bite because I admit I'm still learning--and I am genuinely interested. How exactly do we lose money if we don't sell the shares and actually realize the loss? If I have a wallet with $100 in it, and someone steals $10 out of it, is it a real loss then, or when I open the wallet and take the m...
by Tamalak
Fri Aug 18, 2017 8:45 am
Forum: Investing - Help with Personal Investments
Topic: Lost $7000 today in ONE DAY!
Replies: 183
Views: 16843

Re: Lost $7000 today in ONE DAY!

Man, I understand the whole 'it's only paper losses' thing, and I see the value in thinking that way if you're trying to soothe your anxiety about buy and hold. But it's just factually wrong, for something SO liquid as a stock. You really are making/losing THOUSANDS of dollars most days. Practically...
by Tamalak
Fri Aug 18, 2017 8:29 am
Forum: Investing - Help with Personal Investments
Topic: Lost $7000 today in ONE DAY!
Replies: 183
Views: 16843

Re: Lost $7000 today in ONE DAY!

OP beat me. I lost only $5,000 that day. For some reason it doesn't bother me at all, even after I calculate how many days of work that equates to. I guess part of it is I was lucky to dump my life savings into stocks at a (so far) good time, September 2015. Even the losses are fun. It's like a litt...
by Tamalak
Fri Aug 18, 2017 8:22 am
Forum: Investing - Theory, News & General
Topic: "Vanguard fund shareholders encouraged to vote as proxy campaign gets under way."
Replies: 87
Views: 23778

Re: "Vanguard fund shareholders encouraged to vote as proxy campaign gets under way."

Proposal 7— A shareholder proposal to institute transparent procedures to avoid holding investments in companies that, in management’s judgement, substantially contribute to genocide or crimes against humanity, the most egregious violations of human rights. How would not holding Genocide Corp stock...
by Tamalak
Thu Aug 17, 2017 4:08 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 4148
Views: 1102826

Re: U.S. stocks in freefall

I wouldn't want a market dip at any time, even in the accumulation phase. If the market drops 10% it means the estimation of its value and future potential has gone down 10%. It's not "yay I'm buying potatoes and they're on sale" it's "oh I'm buying potatoes and they're on sale because of spoilage....
by Tamalak
Thu Aug 17, 2017 3:58 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 4148
Views: 1102826

Re: U.S. stocks in freefall

I wouldn't want a market dip at any time, even in the accumulation phase. If the market drops 10% it means the estimation of its value and future potential has gone down 10%. It's not "yay I'm buying potatoes and they're on sale" it's "oh I'm buying potatoes and they're on sale because of spoilage."...
by Tamalak
Wed Aug 16, 2017 10:14 am
Forum: Investing - Help with Personal Investments
Topic: bitcoin makes you rich
Replies: 49
Views: 4048

Re: bitcoin makes you rich

Not going to touch bitcoin, or any other currency. It's speculation. The average expected return of a speculative investment is 0.
by Tamalak
Wed Aug 16, 2017 9:04 am
Forum: Investing - Help with Personal Investments
Topic: what % of international stock
Replies: 31
Views: 1959

Re: what % of international stock

Just buy VT. International at capitalization.
by Tamalak
Sun Aug 13, 2017 9:30 am
Forum: Investing - Theory, News & General
Topic: Dave Ramsey spends two segments on his investing advice
Replies: 65
Views: 7747

Re: Dave Ramsey spends two segments on his investing advice

It's always been my policy that if your net worth is below zero, listen to Dave Ramsey, and if it's above zero, listen to Bogleheads.
by Tamalak
Wed Aug 09, 2017 9:18 am
Forum: Investing - Help with Personal Investments
Topic: Invest in U.S. ETFs Now?
Replies: 25
Views: 2228

Re: Invest in U.S. ETFs Now?

There is a chance of a crash when the market is at an all time high. There is a chance of a crash when the market has been flat. There is a chance of a crash when the market has just crashed. The market returns a risk premium because the market is risky. You are not going to get the risk premium wit...
by Tamalak
Mon Aug 07, 2017 8:34 am
Forum: Investing - Theory, News & General
Topic: Retreat to cash
Replies: 276
Views: 40262

Re: Retreat to cash

The best time in the last few decades to buy stocks was when P/E was over 100 - the bottom of the 2008 crisis. Prices were deflated, but Earnings were deflated a whole lot more!

P/E fetishizing concerns me. It's a useful tool but so simple it's easily abused..