Search found 602 matches

by Rowan Oak
Tue Aug 04, 2020 10:29 am
Forum: Investing - Theory, News & General
Topic: Vanguard "sunsetting" CFP consultations
Replies: 120
Views: 9495

Re: Vanguard "sunsetting" CFP consultations

You can pay Vanguard 0.3% of AUM to engender it. But your Flagship rep told you that already. What do you pay TDAmeritrade or Fidelity for the the CFP consultation? Vanguard Personal Advisor Services : 0.30% Up to $5 million 0.20% Above $5 million to $10 million 0.10% Above $10 million to $25 milli...
by Rowan Oak
Mon Aug 03, 2020 7:12 pm
Forum: Investing - Theory, News & General
Topic: Dr. Wade Pfau is my guest on the "Bogleheads on Investing" podcast!
Replies: 273
Views: 12548

Re: Dr. Wade Pfau is my guest on the "Bogleheads on Investing" podcast!

Why is every one beating up on Rick? And Pfau too? If you want Pfau's answer to your questions, ask them yourself on your own podcast or just by emailing him. Some of those acting like Monday morning quarterbacks and anonymous critics in this thread might want to think about an apology to Rick for ...
by Rowan Oak
Sun Aug 02, 2020 9:05 pm
Forum: Personal Finance (Not Investing)
Topic: I was looking at getting the 1% cash back discover card. How many of you use debit cards all the time?
Replies: 79
Views: 3790

Re: I was looking at getting the 1% cash back discover card. How many of you use debit cards all the time?

As far as debit cards vs credit cards, I've heard Clark Howard talk about debit cards not having the same consumer protections as credit cards. This in addition to no rewards that compare in value with credit cards (paid in full each month, of course). Debit Cards vs. Credit Cards: Consumer Protecti...
by Rowan Oak
Sun Aug 02, 2020 8:24 pm
Forum: Personal Finance (Not Investing)
Topic: In retirement, a $100 monthly expense needs $30,000 in your portfolio
Replies: 162
Views: 19560

Re: In retirement, a $100 monthly expense needs $30,000 in your portfolio

I know that this is something very simple, but it still kind of amazes me. Perhaps it will help someone, especially someone who isn't a Boglehead and potentially already aware of such things, to see how much of an impact expenses in retirement make on their needed portfolio size. Assuming 4% portfo...
by Rowan Oak
Sat Aug 01, 2020 7:24 am
Forum: Investing - Theory, News & General
Topic: Jonathan Clements: Take the Low Road
Replies: 1
Views: 692

Jonathan Clements: Take the Low Road

No, price isn’t the same as value. But given that traditional valuation metrics don’t seem to tell us anything about short-term performance and relatively little about long-run returns, price may be the most reliable guide to value that we have—and falling prices may be as good a buy signal as we’r...
by Rowan Oak
Thu Jul 30, 2020 7:37 pm
Forum: Personal Consumer Issues
Topic: Need to destroy old external Hard Drives
Replies: 103
Views: 5453

Re: Need to destroy old external Hard Drives

Honestly all you need to do is encrypt the drive with a randomly long password. No need to destroy it. Nobody's going to get the data off it. +1. I've been doing it this way for years. And for SSDs (solid state drives) encryption is a critical step since "wiping" the drive by writing random 1s and ...
by Rowan Oak
Sat Jul 25, 2020 9:19 pm
Forum: Investing - Theory, News & General
Topic: Everyone's a Day Trader Now (WSJ article)
Replies: 48
Views: 6157

Re: Everyone's a Day Trader Now (WSJ article)

At least stocks have a positive expected return, unlike casino or sportsbook gambling. Depends. on your luck :twisted: Mike McDermott: Why do you think the same five guys make it to the final table of the World Series of Poker EVERY YEAR? What, are they the luckiest guys in Las Vegas? Rounders (199...
by Rowan Oak
Thu Jul 23, 2020 9:32 pm
Forum: Investing - Theory, News & General
Topic: Convince me not to sell all my US equities to Cash temporarily
Replies: 110
Views: 7985

Re: Convince me not to sell all my US equities to Cash temporarily

I've been investing for 30 years, and the only thing I've seen is that no one knows enough to predict anything. All the fancy economists, all the people on T.V., all the posters on this board... no one knows enough. There are too many variables. No one can predict anything accurately, year after ye...
by Rowan Oak
Wed Jul 22, 2020 8:01 pm
Forum: Investing - Theory, News & General
Topic: Value rebound soon?
Replies: 94
Views: 7236

Re: Value rebound soon?

"Value rebound soon?" garlandwhizzer: My feelings are expressed in this article written long ago by respected finance authority, Jason Zweig: I DON'T KNOW. I DON'T CARE. Best wishes. Taylor Jack Bogle's Words of Wisdom: "Don't think you know more than the market. No one does." +1 A great article by...
by Rowan Oak
Mon Jul 13, 2020 8:06 pm
Forum: Personal Investments
Topic: VFSUX: A bad move?
Replies: 10
Views: 1027

Re: VFSUX: A bad move?

What is VFSUX?
by Rowan Oak
Wed Jul 08, 2020 10:40 pm
Forum: Personal Consumer Issues
Topic: losing ability to ensure good computer hygiene- what to do
Replies: 49
Views: 3803

Re: losing ability to ensure good computer hygiene- what to do

For example, you can setup the child's account so that they can only go to websites you approve. This means that only sites you allow are added to the list and all other sites are blocked. If your child tries to go to a website not on the approved list you will get an email asking if you approve or...
by Rowan Oak
Wed Jul 08, 2020 9:14 pm
Forum: Personal Consumer Issues
Topic: losing ability to ensure good computer hygiene- what to do
Replies: 49
Views: 3803

Re: losing ability to ensure good computer hygiene- what to do

A Chromebook can be a good option when setup with a Google Account for your child -this account will allow you to use Google's Family Link app to control and monitor the child's account and computer activity. For example, you can setup the child's account so that they can only go to websites you app...
by Rowan Oak
Wed Jul 08, 2020 5:06 pm
Forum: Personal Investments
Topic: Do you ever feel you've missed out due to the 3-fund portfolio?
Replies: 125
Views: 9565

Re: Do you ever feel you've missed out due to the 3-fund portfolio?

I only think about how I missed out during all the years I didn't have The Three-Fund Portfolio . Wish I'd figured it out sooner, but better late than never. As Rick Ferri puts it: The Education of an Index Investor: born in darkness, finds indexing enlightenment, overcomplicates everything, embrace...
by Rowan Oak
Fri Jul 03, 2020 9:24 pm
Forum: Investing - Theory, News & General
Topic: 2 and 3 fund funders - sticking soley with Total Bond?
Replies: 49
Views: 4634

Re: 2 and 3 fund funders - sticking soley with Total Bond?

Staying with Vanguard Total Bond Market Index Fund Admiral Shares (VBTLX)/BND. I use Total Bond to rebalance into stocks when necessary. Sometimes I sell my Total Stock Index fund to rebalance into Total Bond.
by Rowan Oak
Thu Jul 02, 2020 2:20 pm
Forum: Investing - Theory, News & General
Topic: Allan Roth: The Question Every Advisor Must Answer
Replies: 3
Views: 1029

Allan Roth: The Question Every Advisor Must Answer

The question every advisor will hear from at least one client is whether now is the time to reduce risk in equities and “stay on the sidelines” for at least six months. The late John C. Bogle once stated, “You must be right twice. So if you get out now, and the market goes way down another 15 or 20...
by Rowan Oak
Wed Jul 01, 2020 7:59 pm
Forum: Investing - Theory, News & General
Topic: 4% rule - confidence poll
Replies: 457
Views: 26668

Re: 4% rule - confidence poll

The question then becomes whether the added safety of a 3% WR, which has not been necessary in the past even for portfolios with global exposure to stocks, is worth the guaranteed loss of time, probably the healthiest, most active and energetic years of one's remaining life. It's also important to ...
by Rowan Oak
Wed Jul 01, 2020 6:41 pm
Forum: Investing - Theory, News & General
Topic: Rekenthaler (Morningstar): Jack Bogle was Wrong about ETFs
Replies: 46
Views: 2910

Re: Rekenthaler (Morningstar): Jack Bogle was Wrong about ETFs

abuss368 wrote:
Wed Jul 01, 2020 6:08 pm
Interesting. I recall Jack Bogle mentioning that for anyone who selected ETFs and held them (did not trade) that was acceptable.
Yes, I heard him say this a number of times.
by Rowan Oak
Wed Jul 01, 2020 6:31 pm
Forum: Investing - Theory, News & General
Topic: How to analyze having a paid-off mortgage in retirement?
Replies: 104
Views: 6495

Re: How to analyze having a paid-off mortgage in retirement?

Toons wrote:
Wed Jul 01, 2020 4:43 pm
We didn't do any number crunching years ago when we paid off the mortgage,
We just didn't want think about it any more as we approached retirement
:happy
+1
by Rowan Oak
Mon Jun 29, 2020 9:02 pm
Forum: Personal Finance (Not Investing)
Topic: What is the best financial decision you ever made?
Replies: 213
Views: 16629

Re: What is the best financial decision you ever made?

Making my big investing mistakes when I was still young and having the sense to learn from them.
by Rowan Oak
Sat Jun 27, 2020 8:07 pm
Forum: Personal Investments
Topic: PAS advisor portfolio [Why did they setup my accounts like this?]
Replies: 184
Views: 8686

Re: PAS advisor portfolio [Why did they setup my accounts like this?]

I don’t want to pay someone to set up something for me and pretend they’re doing something afterward when they’re really not. Rebalancing once a quarter? 3 k for that ? No. I’d rather pay much less for a fund of funds and get that. As far as an IPS it’s something I can’t seem to do. It’s too comple...
by Rowan Oak
Sat Jun 27, 2020 7:50 pm
Forum: Personal Investments
Topic: PAS advisor portfolio [Why did they setup my accounts like this?]
Replies: 184
Views: 8686

Re: PAS advisor portfolio [Why did they setup my accounts like this?]

I don’t think I can panic twice. Here is something to mull over while you wait. It's not just about panicing so much that you sell in a down market. It is also about your ability to be comfortable and happy with what you choose when the bad times do come. You should not want a portfolio that is str...
by Rowan Oak
Sat Jun 27, 2020 7:36 pm
Forum: Personal Investments
Topic: Tax Loss Harvest Question
Replies: 29
Views: 1172

Re: Tax Loss Harvest Question

nix4me wrote:
Sat Jun 27, 2020 5:12 pm
I think:
VTI - CUSIP 922908769
VTSAX - CUSIP 922908728

means - not substantially identical. :)

So i might try and it and find out.
Hmmm, different share class of the exact same index mutual fund. If that's not a wash sale I don't know what would be.
by Rowan Oak
Thu Jun 25, 2020 9:05 pm
Forum: Personal Investments
Topic: My friend does not trust one brokerage Firm?
Replies: 24
Views: 1630

Re: My friend does not trust one brokerage Firm?

Hi Friends, I had a heated discussion with my friend about investing, she is a very conservative investor and worries about having her money with one firm, she split her investments between Vanguard and Fidelity index funds? Do my friend's worries make any sense? Boulous For the investments at Vang...
by Rowan Oak
Thu Jun 25, 2020 6:25 pm
Forum: Personal Consumer Issues
Topic: iPhone 7 plus to iPhone 11 Pro: Poor battery life. Time to upgrade?
Replies: 65
Views: 2485

Re: iPhone 7 plus to iPhone 11 Pro: Poor battery life. Time to upgrade?

The iPhone 12 may have an entry model with a 5.4" screen that may be the closest to the screen on the 7 plus (but like the 11 the screen will probably be taller and narrower when compared to the 7 plus). The form factor will be smaller because it is basically an iPhone SE 2020 without the large beze...
by Rowan Oak
Thu Jun 25, 2020 5:29 pm
Forum: Personal Consumer Issues
Topic: iPhone 7 plus to iPhone 11 Pro: Poor battery life. Time to upgrade?
Replies: 65
Views: 2485

Re: iPhone 7 plus to iPhone 11 Pro: Poor battery life. Time to upgrade?

The iPhone 7 Plus has a 5.5-inch (diagonal) screen and the iPhone 11 has a 6.1‑inch (diagonal) screen so even better for old eyes :D You can't go by diagonal size alone, because the screens have different aspect ratios. By actual display area (square inches) they're about the same; as I noted above...
by Rowan Oak
Thu Jun 25, 2020 5:09 pm
Forum: Personal Consumer Issues
Topic: iPhone 7 plus to iPhone 11 Pro: Poor battery life. Time to upgrade?
Replies: 65
Views: 2485

Re: iPhone 7 plus to iPhone 11 Pro: Poor battery life. Time to upgrade?

The iPhone 11 has a bigger screen than the 7 and a much improved battery life. The camera is also much better. A better value than the 11 Pro model in my opinion. I have old eyes😳😳 Does my iPhone 7 Plus Have the largest screen of the iphones? Thanks j🌺 The iPhone 7 Plus has a 5.5-inch (diagonal) sc...
by Rowan Oak
Thu Jun 25, 2020 3:53 pm
Forum: Personal Consumer Issues
Topic: iPhone 7 plus to iPhone 11 Pro: Poor battery life. Time to upgrade?
Replies: 65
Views: 2485

Re: iPhone 7 plus to iPhone 11 Pro: Poor battery life. Time to upgrade?

The iPhone 11 has a bigger screen than the 7 and a much improved battery life. The camera is also much better. A better value than the 11 Pro model in my opinion.
by Rowan Oak
Tue Jun 23, 2020 11:55 am
Forum: Investing - Theory, News & General
Topic: Top 10 Things Bogleheads Get Wrong - White Coat Investor
Replies: 143
Views: 13865

Re: Top 10 Things Bogleheads Get Wrong - White Coat Investor

Dave Ramsay and MMM are fine for what they are. I think what upsets a lot of people is that are disingenuous or dishonest in their presentation. MMM portrays himself as a guy who retired very young and makes it all work by R.I. g super frugal. Then it comes out that he makes $400K/yr from his websi...
by Rowan Oak
Tue Jun 23, 2020 9:09 am
Forum: Investing - Theory, News & General
Topic: Top 10 Things Bogleheads Get Wrong - White Coat Investor
Replies: 143
Views: 13865

Re: Top 10 Things Bogleheads Get Wrong - White Coat Investor

Agreed. #6 & #7 Entrepreneurs and Real Estate businessman are underrepresented. But, MMM and “Bigger Pockets” is a mine field with quicksand and cow dung, and hair brain schemes and myths, amidst the jewels of real life success and mature business wisdom. Bogleheads is a zillion times better. It’s ...
by Rowan Oak
Sat Jun 20, 2020 10:40 pm
Forum: Investing - Theory, News & General
Topic: Howard Marks [Anatomy of a Rally]
Replies: 20
Views: 1881

Re: Howard Marks [Anatomy of a Rally]

Hey Tim, could you share your personal AA? Sure, but know that while our AA works well for us, it won't work well for everyone: We invest like so: 1/3 Total US Stock Market 1/3 Total International Stock Market 1/3 Intermediate Treasury Index* * I said above something about having a Bogle-approved p...
by Rowan Oak
Sat Jun 20, 2020 10:29 pm
Forum: Investing - Theory, News & General
Topic: Howard Marks [Anatomy of a Rally]
Replies: 20
Views: 1881

Re: Howard Marks [Anatomy of a Rally]

Indeed in 1999 Mr Bogle changed his AA dramatically as he believed market became irrational. I think SP500 PEs were near 40 when he did that. If my memory is correct he moved from 70/30 to 30/70 Here's the video interview with Jack Bogle from 2014 talking about the decision he made in 2000: https:/...
by Rowan Oak
Fri Jun 19, 2020 4:28 pm
Forum: Investing - Theory, News & General
Topic: "Is this time different?"
Replies: 77
Views: 5669

Re: "Is this time different?"

this is the first pandemic we’ve had in over 100 years. It’s not. Asian flu 1957 killed 116,000 Americans and Hong Kong flu 1968 killed approx 100,000 Americans according to the CDC. Exactly. And don't forget, the US population in 1957 was about half the size of today. 1968 about 60% the size of to...
by Rowan Oak
Thu Jun 18, 2020 9:18 pm
Forum: Investing - Theory, News & General
Topic: "Is this time different?"
Replies: 77
Views: 5669

Re: "Is this time different?"

But there are so many major macro factors going in the wrong direction that any one of them could throw us into a long tailspin, thus my gut feeling Grantham is right, whether that be in 2 weeks, 2 months or 2 years - or even longer. If Wall Street fortune-tellers keep predicting crashes then event...
by Rowan Oak
Tue Jun 16, 2020 7:58 pm
Forum: Investing - Theory, News & General
Topic: What famous investing quote reminds you of your investing style?
Replies: 151
Views: 7354

Re: What famous investing quote reminds you of your investing style?

"Successful investing involves doing just a few things right and avoiding serious mistakes."--John C. Bogle As for Warren Buffett's "Be fearful when others are greedy and be greedy when others are fearful,” that is not my style because I can't tell whether "others" are being greedy or whether they ...
by Rowan Oak
Tue Jun 16, 2020 4:02 pm
Forum: Investing - Theory, News & General
Topic: Fundrise vs. Vanguard REIT ETF
Replies: 26
Views: 8072

Re: Fundrise vs. Vanguard REIT ETF

Came across a recent podcast The rithouse wealth guys did on fundrise. Seems to indicate their difference/advantage is they can put you into private real estate Deals at a cheaper rate than private equity funds , and for far smaller investors. A good listen regardless... https://animalspiritspod.li...
by Rowan Oak
Sun Jun 14, 2020 8:56 pm
Forum: Personal Investments
Topic: Ditching International
Replies: 274
Views: 15797

Re: Ditching International

Jack Bogle would not approve of an investor not staying the course. He would approve of a modest 32% international allocation if that was one's chosen course years ago. I believe Jack disagrees with you! :wink: Here's an interview Christine Benz did with Jack in 2018, "Why Jack Bogle Doesn't Own No...
by Rowan Oak
Sun Jun 14, 2020 8:26 pm
Forum: Personal Investments
Topic: Ditching International
Replies: 274
Views: 15797

Re: Ditching International

The problem with the international thesis, is that it’s one without bounds. Purveyors of it simply tell folks to hang on to it for some undetermined amount of time, saying “trust me.... our ship will come in!” . "It's easy to grin / When your ship comes in / And you've got the stock market beat. / ...
by Rowan Oak
Sat Jun 13, 2020 4:47 pm
Forum: Forum Issues and Administration
Topic: Why not add a "like" button to Boglehead posts?
Replies: 282
Views: 38955

Re: Why not add a "like" button to Boglehead posts?

I participate completely different forum that has "upvoting" and "downvoting." It's total poison. What does not happen is for people to place good-faith, thoughtful upvotes and downvotes that are actually useful to other forum members. People play games with it. People divide into cliques and facti...
by Rowan Oak
Thu Jun 11, 2020 4:20 pm
Forum: Investing - Theory, News & General
Topic: Does anybody belong to the Better Investing Club?
Replies: 13
Views: 1157

Re: Does anybody belong to the Better Investing Club?

In John C. Bogle's own words: Forget the Needle. Buy the Haystack It was Cervantes who warned us, “Look not for a needle in a haystack.” While that phrase has become deeply imbedded in our language, it has yet to gain acceptance from most mutual fund investors. Too many of us spend countless time a...
by Rowan Oak
Mon May 18, 2020 5:49 pm
Forum: Forum Issues and Administration
Topic: New bogleheads induction [Request for new subforum]
Replies: 59
Views: 4009

Re: New bogleheads induction [Request for new subforum]

In my early days (10+ yrs ago) on this forum I remember thinking that most members must be Bogleheads and the opinions and advice that I was reading, for the most part, was based on complete agreement with the Bogleheads investment philosophy . After all, the Bogleheads motto is "Investing Advice In...
by Rowan Oak
Wed May 13, 2020 11:27 pm
Forum: Investing - Theory, News & General
Topic: Mortgage payment instead of bonds: how?
Replies: 39
Views: 2455

Re: Mortgage payment instead of bonds: how?

I had asked about whether there were simple rules of thumb, akin to the usual stock/bond AA rules, for a strategy that sticks to paying down a mortage + stock... To me, it means you have a mortgage and you have a retirement portfolio with an AA of 100% stocks. That is not meant to be snarky. That i...
by Rowan Oak
Tue Apr 28, 2020 3:34 pm
Forum: Investing - Theory, News & General
Topic: Well, I am market timing due to coronavirus... Wish me luck.
Replies: 1229
Views: 110036

Re: Well, I am market timing due to coronavirus... Wish me luck.

I didn't put my strategy on pause because I had experienced a gut wrenching drawdown. Rather, I saw an opportunity and took advantage of it. The debate on this forum is endless, because there is no right answer. There is only the right answer for you. I appreciate that you know Buy and Hold isn't t...
by Rowan Oak
Sun Apr 26, 2020 8:19 pm
Forum: Personal Investments
Topic: S&P 500 vs Total Market Index funds
Replies: 67
Views: 5368

Re: S&P 500 vs Total Market Index funds

I have the choice of either. I would consider either a good enough substitute for the other. I could come up with pros and/or cons for each relative to the other, all of which are marginal - they're predominately the same. That said, I prefer the S&P indexes methodology and continue to use S&P 500 ...
by Rowan Oak
Wed Apr 22, 2020 8:43 pm
Forum: Investing - Theory, News & General
Topic: Which investing related websites you read regularly?
Replies: 6
Views: 769

Re: Which investing related websites you read regularly?

Could you recommend any good ones where important investing topics are explained in a simple language? There aren't many, but you have already found one of the best. Here are a few others that can be helpful: https://jlcollinsnh.com/ https://obliviousinvestor.com/ https://www.whitecoatinvestor.com/...
by Rowan Oak
Fri Apr 17, 2020 8:13 pm
Forum: Investing - Theory, News & General
Topic: Future 60/40 Portfolio has a 43% Chance of Failing with 4% Withdrawal Rate
Replies: 622
Views: 32151

Re: Future 60/40 Portfolio has a 43% Chance of Failing with 4% Withdrawal Rate

And given that median household income (2019) is $63K then $40K before you get social security is not "a TON of money". The biggest factor is the cost for medical coverage. And how does one get social security retiring 5-10 years early? Medical coverage is free for someone making that income in ret...
by Rowan Oak
Sat Apr 11, 2020 6:02 pm
Forum: Investing - Theory, News & General
Topic: Am I being dumb ["standing and doing nothing"]?
Replies: 43
Views: 4017

Re: Am I being dumb ["standing and doing nothing"]?

being "dumb" or knowing you are "dumb" in regards to investing is often the smartest thing you can do :happy i rebalance once a year. :thumbsup ...when an investor who does not understand the economics of specific businesses nevertheless believes it in his interest to be a long-term owner of Americ...
by Rowan Oak
Sat Mar 28, 2020 2:20 pm
Forum: Personal Investments
Topic: Share what worked in your plan during the crisis
Replies: 103
Views: 7159

Re: Share what worked in your plan during the crisis

Now and in the past, rebalancing on the way down. Buy, hold and rebalance. I use new contributions first and if it's not enough I sell bonds and buy stocks. If it's a really bad day or week I'm usually buying low cost, total stock market index funds. I also tax loss harvest when I have the opportuni...
by Rowan Oak
Sat Mar 28, 2020 12:04 am
Forum: Investing - Theory, News & General
Topic: CHART: The Uncertain Course of Bear Markets
Replies: 17
Views: 2934

Re: CHART: The Uncertain Course of Bear Markets

We've had quite a few Forum posts along the lines of "Is This the Market Bottom?" or "Are We Near the End of this Bear Market?" The truth is each bear market follows a unique course and there's no way to determine, in the midst of market downturn, how and when it will end. As the chart below shows,...
by Rowan Oak
Wed Mar 25, 2020 10:24 pm
Forum: Personal Investments
Topic: When to jump back in?
Replies: 48
Views: 5023

Re: When to jump back in?

all in or all out decisions should never be made, ever. The point is, with investing, less is more because every decision you make makes the next one harder. If you sold everything and are now sitting in cash, you’re not starting with a clean slate. You’re making decisions with the baggage from the...