Search found 259 matches

by Rowan Oak
Mon Oct 22, 2018 8:00 pm
Forum: Investing - Theory, News & General
Topic: Too Much Apple [AAPL] Stock
Replies: 51
Views: 4804

Re: Too Much APPL Stock

Watty wrote:
Thu Oct 18, 2018 8:29 am
Duffydog1 wrote:
Thu Oct 18, 2018 8:19 am
It is held in taxable and nontaxable accounts so i have to be careful about the taxable accounts.
Selling it in the nontaxable accounts is an easy choice. Putting the money from the sale into something like a total stock market index fund could make sense.
Good advice.
by Rowan Oak
Sun Oct 21, 2018 7:33 pm
Forum: Investing - Help with Personal Investments
Topic: Robo or Self managed?
Replies: 15
Views: 1418

Re: Robo or Self managed?

Awesome again. I'm torn between M1 and Charles Schwab (self managed). I'm looking into creating 2 new IRA accounts (Traditional and Roth) and fund my accounts by rolling over my existing IRAs from Betterment and also rolling over my old 401K. With that said, it is the allocation that I'm breaking m...
by Rowan Oak
Sun Oct 21, 2018 7:21 pm
Forum: Investing - Help with Personal Investments
Topic: Constructing a 100% equity diversified Factor portfolio
Replies: 12
Views: 1198

Re: Constructing a 100% equity diversified Factor portfolio

Hello, After doing some reading it is now my goal to construct a very aggressive, 100% equity, 75 domestic / 25 international portfolio based on the Carhart 4 Factor model. In particular, I am convinced that premia for size, value, and momentum exist. I would like to maximize my exposure to all 3 o...
by Rowan Oak
Sun Oct 21, 2018 3:07 pm
Forum: Investing - Theory, News & General
Topic: Set it and forget it
Replies: 39
Views: 5835

Re: Set it and forget it

"Nobody buys a farm based on whether they think it's going to rain next year; they buy it because they think it's a good investment over 10 or 20 years." Warren Buffett "Don't just do something, stand there!" Jack Bogle You'll be a better investor when you forget about your investments, providing y...
by Rowan Oak
Thu Oct 18, 2018 7:33 am
Forum: Personal Finance (Not Investing)
Topic: Paying off the mortgage early - Isn't this the opposite of "putting more money into your house"?
Replies: 82
Views: 6563

Re: Paying off the mortgage early - Isn't this the opposite of "putting more money into your house"?

All three of Allan Roth's arguments are correct, as is discussed on the wiki: https://www.bogleheads.org/wiki/Paying_down_loans_versus_investing The fair comparison is not between a balanced portfolio and the mortgage rate, but between bond rates and mortgage rates. While you can have a higher expe...
by Rowan Oak
Wed Oct 17, 2018 9:48 am
Forum: Personal Finance (Not Investing)
Topic: Paying off the mortgage early - Isn't this the opposite of "putting more money into your house"?
Replies: 82
Views: 6563

Paying off the mortgage early - Isn't this the opposite of "putting more money into your house"?

I often see the argument against paying off your mortgage early, because it is "putting more money into your house". Isn't it the opposite? I put the money in the day I closed on the house and took the mortgage. If anything the only added money going "into the house" is the interest on the mortgage ...
by Rowan Oak
Mon Oct 15, 2018 5:26 pm
Forum: Investing - Theory, News & General
Topic: Correlation between the FIRE movement and one of the greatest bull markets
Replies: 158
Views: 13459

Re: Correlation between the FIRE movement and one of the greatest bull markets

Many don't consider themselves "retired". That really is the overall misconception. For many they would probably prefer it be called the "FI (Financial Independence)" movement and be rid of the RE (retire early) part of the FIRE acronym all together. In that case, it's a misleading misnomer. Even t...
by Rowan Oak
Mon Oct 15, 2018 4:21 pm
Forum: Investing - Theory, News & General
Topic: Correlation between the FIRE movement and one of the greatest bull markets
Replies: 158
Views: 13459

Re: Correlation between the FIRE movement and one of the greatest bull markets

...us mere mortals who want to contribute more to this world than earning $1M then stopping. From what I've seen many don't "stop". In fact they're probably contributing "more to this world" after becoming financially independent. Yeah, but if they're blogging or consulting or whatever for money, t...
by Rowan Oak
Mon Oct 15, 2018 3:55 pm
Forum: Investing - Theory, News & General
Topic: Correlation between the FIRE movement and one of the greatest bull markets
Replies: 158
Views: 13459

Re: Correlation between the FIRE movement and one of the greatest bull markets

WanderingDoc wrote:
Mon Oct 15, 2018 3:39 pm
...us mere mortals who want to contribute more to this world than earning $1M then stopping.
From what I've seen many don't "stop". In fact they're probably contributing "more to this world" after becoming financially independent.
by Rowan Oak
Mon Oct 15, 2018 1:44 pm
Forum: Investing - Theory, News & General
Topic: Correlation between the FIRE movement and one of the greatest bull markets
Replies: 158
Views: 13459

Re: Correlation between the FIRE movement and one of the greatest bull markets

SUZE ORMAN – A BLANKET ON FIRE New post from Vicki Robin October 2018 1) Early retirees are not withdrawing from life. They’re embracing a purposeful life MORE fully than ever. 2) Early retirees are not wild risk-takers. They are calculated risk-takers. They see the old bargain of a 9-to-5 job unti...
by Rowan Oak
Mon Oct 15, 2018 10:44 am
Forum: Investing - Theory, News & General
Topic: What Jack Bogle Expects From the Market
Replies: 11
Views: 2173

What Jack Bogle Expects From the Market

Christine Benz interview with Jack Bogle posted today 10/15/2018 on Morningstar: https://www.morningstar.com/videos/885733/what-jack-bogle-expects-from-the-market.html Benz: Thank you for having me here, and I'm here for the Bogleheads conference. This is an annual event that honors you and your man...
by Rowan Oak
Mon Oct 15, 2018 8:58 am
Forum: Investing - Theory, News & General
Topic: Correlation between the FIRE movement and one of the greatest bull markets
Replies: 158
Views: 13459

Re: Correlation between the FIRE movement and one of the greatest bull markets

Suze Orman gives her opinion on FIRE and why she hates it: https://youtu.be/JbeLhKKg9RI There was an excellent rebuttal to Suze's fearmongering on the Choose FI podcast. They don't have a transcript, but it's worth a listen. Here are some of the high points. JL Collins, a.k.a., the Godfather of FI,...
by Rowan Oak
Sun Oct 14, 2018 8:25 pm
Forum: Investing - Theory, News & General
Topic: Is it better to have fewer investment choices?
Replies: 23
Views: 1729

Re: Is it better to have fewer investment choices?

Vanguard has a fairly comprehensive page explaining the differences between their ETFs and mutual funds.

ETFs vs. mutual funds: A comparison
by Rowan Oak
Sun Oct 14, 2018 7:17 pm
Forum: Investing - Theory, News & General
Topic: Correlation between the FIRE movement and one of the greatest bull markets
Replies: 158
Views: 13459

Re: Correlation between the FIRE movement and one of the greatest bull markets

Suze Orman gives her opinion on FIRE and why she hates it: https://youtu.be/JbeLhKKg9RI There was an excellent rebuttal to Suze's fearmongering on the Choose FI podcast. They don't have a transcript, but it's worth a listen. Here are some of the high points. JL Collins, a.k.a., the Godfather of FI,...
by Rowan Oak
Sun Oct 14, 2018 10:46 am
Forum: Personal Consumer Issues
Topic: Warning: avoid Windows 10 update 1803
Replies: 117
Views: 13622

Re: Warning: avoid Windows 10 update 1803

Chromebook...just sayin'... Yes, a good Chromebook is very stable. Google Drive cloud backup built-in. In the instance of a rare crash you can be back to where you left off in minutes. Also, very safe for kid use or anyone who just doesn't fully understand how to use the internet and repeatedly "ha...
by Rowan Oak
Sun Oct 14, 2018 9:05 am
Forum: Personal Consumer Issues
Topic: Warning: avoid Windows 10 update 1803
Replies: 117
Views: 13622

Re: Warning: avoid Windows 10 update 1803

I've had a similar experience. Using system restore in safe mode worked once and another time I had to do a "reset". I've now begun using Google Drive's "Backup and Sync" so I don't have to worry (as much) about losing files when Microsoft decides to release one of their semitested Windows 10 "feat...
by Rowan Oak
Sat Oct 13, 2018 7:28 pm
Forum: Personal Consumer Issues
Topic: Warning: avoid Windows 10 update 1803
Replies: 117
Views: 13622

Re: Warning: avoid Windows 10 update 1803

...I never decline updates. If they break something next update would fix it... Twice, automatic updates put my wife's Windows 10 computer into a state in which it would not startup. Once startup is broken, how can the "next update" fix it? (Both times I was eventually able to recover by restoring ...
by Rowan Oak
Sat Oct 13, 2018 11:14 am
Forum: Investing - Help with Personal Investments
Topic: TLH VTIAX [Tax loss harvest - Vanguard Total International Stock]
Replies: 65
Views: 3809

Re: TLH VTIAX

livesoft wrote:
Tue Sep 25, 2018 2:39 pm
PFInterest wrote:
Tue Sep 25, 2018 2:33 pm
i would like you to list your many, many more decent TLH partners for VTIAX at Vanguard? for education purposes of course.
But I'll throw you a bone: VTSAX is not a bad temporary TLH partner for VTIAX. Think about it.
Yes. This.
by Rowan Oak
Thu Oct 11, 2018 7:28 pm
Forum: Investing - Theory, News & General
Topic: 5 ways target-date funds let investors down
Replies: 38
Views: 3441

Re: 5 ways target-date funds let investors down

And for the record, from 1998 until today (20 years), SCV has outperformed TSM by 1.77% annualized. willthrill81 And for the record TSM has outperformed SCV for the past 1yr, 3yrs, 5yrs and 10yrs. No one knows which fund will outperform in the future. Best wishes Taylor For me, this is good news ei...
by Rowan Oak
Thu Oct 11, 2018 4:23 pm
Forum: Investing - Theory, News & General
Topic: When Markets Tank, Do This - Jason Zweig
Replies: 5
Views: 2861

When Markets Tank, Do This - Jason Zweig

(my adaptation of Rudyard Kipling's poem "If --") If you can keep your head when all about you Are losing theirs and blaming it on the Fed; If you can trust yourself when guests on CNBC shout anew, But make allowance for their shouting dread; If you can wait and not be tired by waiting, Or, surroun...
by Rowan Oak
Thu Oct 11, 2018 9:16 am
Forum: Investing - Theory, News & General
Topic: Remembering the Lessons of the 2008 Financial Crisis - Allan Roth
Replies: 3
Views: 1113

Remembering the Lessons of the 2008 Financial Crisis - Allan Roth

I fear we have learned little from the plunge. Today, people are coming to me with portfolios that are nearly 100 percent in stocks. When I point out just how risky that is, I hear things like “I’m in it for the long run,” and “I’m certain I won’t panic and sell.” Remembering the Lessons of the 200...
by Rowan Oak
Thu Oct 11, 2018 9:09 am
Forum: Investing - Theory, News & General
Topic: "Do not invest with Vanguard if you are a market-timer." - Vanguard
Replies: 12
Views: 2583

Re: "Do not invest with Vanguard if you are a market-timer." - Vanguard

I’d say Vanguard does, in fact, have a high tolerance for market timing.... Vanguard Group begins an investing experiment that pushes free ETF trading to its limit https://www.google.com/amp/s/www.cnbc.com/amp/2018/08/01/vanguard-group-begins-key-experiment-in-the-new-era-of-free-investing.html Agr...
by Rowan Oak
Wed Oct 10, 2018 8:28 pm
Forum: Investing - Theory, News & General
Topic: "Do not invest with Vanguard if you are a market-timer." - Vanguard
Replies: 12
Views: 2583

Re: "Do not invest with Vanguard if you are a market-timer." - Vanguard

Very good. Guess I never noticed it before or it's not included in all prospectuses.
by Rowan Oak
Wed Oct 10, 2018 7:14 pm
Forum: Investing - Theory, News & General
Topic: "Do not invest with Vanguard if you are a market-timer." - Vanguard
Replies: 12
Views: 2583

"Do not invest with Vanguard if you are a market-timer." - Vanguard

"Do not invest with Vanguard if you are a market-timer." - Vanguard
This is the best quote from Vanguard in years. Found it looking through a current prospectus. Don't know how long they've been including this.

The line has been drawn.
by Rowan Oak
Tue Oct 09, 2018 9:18 pm
Forum: Investing - Theory, News & General
Topic: Diversifying with a zero-correlation, zero-return volatile asset
Replies: 66
Views: 3546

Re: Diversifying with a zero-correlation, zero-return volatile asset

c) The coin-flip adds risk without adding any return, and reduces the risk-adjusted return for both of you.
by Rowan Oak
Tue Oct 09, 2018 1:13 pm
Forum: Investing - Theory, News & General
Topic: “It’s probably wise to sell to the sleeping point.” - Jack Bogle
Replies: 83
Views: 11557

Re: “It’s probably wise to sell to the sleeping point.” - Jack Bogle

With periodic rebalancing, you are buying into the teeth of a bear market. I plan to do just that. However, it is no guarantee against losses. In fact, you buy into losses. I wonder how many of us would be ready, willing, and able to keep buying all the way down if the stock market loses twenty, or...
by Rowan Oak
Tue Oct 09, 2018 1:05 pm
Forum: Investing - Theory, News & General
Topic: “It’s probably wise to sell to the sleeping point.” - Jack Bogle
Replies: 83
Views: 11557

Re: “It’s probably wise to sell to the sleeping point.” - Jack Bogle

It's easier if you have a portfolio of dividend stocks. That way you just say to yourself, who cares about the ups and downs of the market prices. You get paid quarterly (at least) and the amount generally goes up 3-5% every year. Not sure this is different than a total return strategy other than b...
by Rowan Oak
Mon Oct 08, 2018 4:32 pm
Forum: Investing - Theory, News & General
Topic: Is it a sign that a bear market is coming, when most people are afraid that stocks will plummet?
Replies: 42
Views: 2786

Re: Is it a sign that a bear market is coming, when most people are afraid that stocks will plummet?

I feel euphoric about the market, I think it's going to keep rising for the foreseeable future and now is the best time to put your money into the market per your AA. You can't lose, the market has tremendous gains just ahead. The party is never going to end! I think that post is our "sell signal."...
by Rowan Oak
Mon Oct 08, 2018 3:38 pm
Forum: Investing - Theory, News & General
Topic: Market decline in 2019 ?
Replies: 73
Views: 6484

Re: Market decline in 2019 ?

Most people believe we are in a bubble and will see a big market decline (anywhere from 20-50%) soon. A lot of "experts" believe this could be in 2019. Most people on this forum probably also believe a significant market decline will probably come eventually. The Bogleheads philosophy is "stay the ...
by Rowan Oak
Mon Oct 08, 2018 11:34 am
Forum: Investing - Theory, News & General
Topic: Today, 2008: Warren Buffett - "Buy American. I Am."
Replies: 5
Views: 710

Today, 2008: Warren Buffett - "Buy American. I Am."

"Buy American. I Am." Why? A simple rule dictates my buying: Be fearful when others are greedy, and be greedy when others are fearful. And most certainly, fear is now widespread, gripping even seasoned investors. To be sure, investors are right to be wary of highly leveraged entities or businesses ...
by Rowan Oak
Mon Oct 08, 2018 10:57 am
Forum: Investing - Theory, News & General
Topic: 7 Investing Truths That Aren't
Replies: 53
Views: 5881

Re: 7 Investing Truths That Aren't

#7 Look to the Past to See the Future If you don't look to the past where do you get your information? Wild guessing ? CNBC ? Shark Tank ? :thumbsup The whole "past performance doesn't predict future results" statement gets taken to the extremes far too often, including on this forum. "The past is ...
by Rowan Oak
Mon Oct 08, 2018 10:30 am
Forum: Investing - Theory, News & General
Topic: “It’s probably wise to sell to the sleeping point.” - Jack Bogle
Replies: 83
Views: 11557

Re: “It’s probably wise to sell to the sleeping point.” - Jack Bogle

Toons wrote:
Mon Oct 08, 2018 8:19 am
50/50
Sleep Well
Like A Baby

:mrgreen:
50/50 to 60% stock/40% bond seems to be the choice of many long-time Bogleheads nearing or in retirement. I plan on going with 50/50 at retirement considering my risk preferences and whole financial program (Social Security, etc.).
by Rowan Oak
Mon Oct 08, 2018 10:22 am
Forum: Investing - Theory, News & General
Topic: 7 Investing Truths That Aren't
Replies: 53
Views: 5881

Re: 7 Investing Truths That Aren't

#7 Look to the Past to See the Future If you don't look to the past where do you get your information? Wild guessing ? CNBC ? Shark Tank ? :thumbsup The whole "past performance doesn't predict future results" statement gets taken to the extremes far too often, including on this forum. "The past is ...
by Rowan Oak
Mon Oct 08, 2018 9:35 am
Forum: Investing - Theory, News & General
Topic: "Safe" Withdrawal Rate for Early Retirees (or any retiree)
Replies: 224
Views: 17945

"Safe" Withdrawal Rate for Early Retirees (or any retiree)

Very detailed blog post by the "Mad Fientist". Safe Withdrawal Rate for Early Retirees The 4% rule is actually very safe for a 30-year retirement A withdrawal rate of 3.5% can be considered the floor, no matter how long the retirement time horizon The sequence of real returns matters more than avera...
by Rowan Oak
Sun Oct 07, 2018 11:06 pm
Forum: Investing - Theory, News & General
Topic: Surprised by Jack's answer to Fidelity's 0 mgmt fund threat
Replies: 77
Views: 7841

Re: Surprised by Jack's answer to Fidelity's 0 mgmt fund threat

What is the actual benefit of the Vanguard ownership structure? I for one feel nothing like an owner, there are no financial reports, no voting ability, no reduced exec comp (not McNabb was rumoured to earn up to $15m/year etc. Vanguard is now behind Blackrock, Fidelity and Schwab in many core fund...
by Rowan Oak
Sun Oct 07, 2018 10:56 pm
Forum: Investing - Theory, News & General
Topic: Is an emergency fund just about market timing?
Replies: 103
Views: 5580

Re: Is an emergency fund just about market timing?

But I've yet to see a financial advisor recommend "investing" in food. Probably because they can't easily charge an AUM fee for it. :wink: The fact that it keeps pace with inflation is very rational though. My wife would probably say the same thing about her shoe collection.... Can't eat your shoes...
by Rowan Oak
Sun Oct 07, 2018 10:44 pm
Forum: Investing - Theory, News & General
Topic: Is an emergency fund just about market timing?
Replies: 103
Views: 5580

Re: Is an emergency fund just about market timing?

Since when does having more than a week's worth of food on hand have anything to do with a zombie apocalypse? Food you have on hand is food you don't have to purchase if any kind of emergency comes up, including something as mundane as a job loss. If I was suddenly unemployed, we wouldn't have to b...
by Rowan Oak
Sun Oct 07, 2018 9:30 pm
Forum: Investing - Theory, News & General
Topic: Is an emergency fund just about market timing?
Replies: 103
Views: 5580

Re: Is an emergency fund just about market timing?

Is an emergency fund just about market timing? No.
by Rowan Oak
Sun Oct 07, 2018 7:45 pm
Forum: Investing - Theory, News & General
Topic: Allan Roth video interview two days before the market bottomed in March 2009
Replies: 7
Views: 859

Re: Allan Roth video interview two days before the market bottomed in March 2009

Rediscovered this video recently. Allan Roth video interview two days before the market bottomed in March 2009 encouraging investors to buy. I'll be rewatching this during the next crash: https://youtu.be/p1oxrF1cUeQ I'm not that familiar with him, especially in the past. Does this generally differ...
by Rowan Oak
Sun Oct 07, 2018 7:11 pm
Forum: Investing - Theory, News & General
Topic: Allan Roth video interview two days before the market bottomed in March 2009
Replies: 7
Views: 859

Re: Allan Roth video interview two days before the market bottomed in March 2009

Rediscovered this video recently. Allan Roth video interview two days before the market bottomed in March 2009 encouraging investors to buy. I'll be rewatching this during the next crash: https://youtu.be/p1oxrF1cUeQ I'm not that familiar with him, especially in the past. Does this generally differ...
by Rowan Oak
Sun Oct 07, 2018 6:38 pm
Forum: Investing - Theory, News & General
Topic: Allan Roth video interview two days before the market bottomed in March 2009
Replies: 7
Views: 859

Allan Roth video interview two days before the market bottomed in March 2009

Rediscovered this video recently. Allan Roth video interview two days before the market bottomed in March 2009 talking about the importance of rebalancing based on your chosen asset allocation and buying stocks. I'll be rewatching this during the next crash: https://youtu.be/p1oxrF1cUeQ Edit 1: to a...
by Rowan Oak
Sun Oct 07, 2018 6:12 pm
Forum: Investing - Theory, News & General
Topic: 7 Investing Truths That Aren't
Replies: 53
Views: 5881

Re: 7 Investing Truths That Aren't

I don’t pretend to be any smarter than Allan Roth... but he says his instincts told him to sell in 2008, while my instincts told me to buy. Our “gut instincts” can be informed by our education and experience. I suspect that this one-page article on the AARP website is meant for a different audience...
by Rowan Oak
Sun Oct 07, 2018 5:41 pm
Forum: Investing - Theory, News & General
Topic: Surprised by Jack's answer to Fidelity's 0 mgmt fund threat
Replies: 77
Views: 7841

Re: Surprised by Jack's answer to Fidelity's 0 mgmt fund threat

All these let’s-bash-Fidelity threads seem childish to me. I think it’s wonderful that Fidelity has lowered both minimum investments and expense ratios on many existing funds and that they have introduced four new ZERO funds. Competition is good for investors no matter which brokerage they use or w...
by Rowan Oak
Sun Oct 07, 2018 5:12 pm
Forum: Investing - Theory, News & General
Topic: Surprised by Jack's answer to Fidelity's 0 mgmt fund threat
Replies: 77
Views: 7841

Re: Surprised by Jack's answer to Fidelity's 0 mgmt fund threat

watchnerd wrote:
Sun Oct 07, 2018 11:57 am
I don't expect Vanguard to be a market leader, and at their cost structure, they probably can't be. I'm not even sure if they're a "fast follower".
I thought they were leading the way. No?
by Rowan Oak
Sun Oct 07, 2018 4:52 pm
Forum: Investing - Help with Personal Investments
Topic: Bonds for an aggressive investor
Replies: 25
Views: 2445

Re: Bonds for an aggressive investor

Because a portfolio with no fixed income assets is, by definition, not diversified. :happy Because there are times, even decades, when bonds pay more than stocks. Compare total stock to total bond from 2001 to 2011. During times like that you'll be glad at least something in your portfolio is produ...
by Rowan Oak
Sun Oct 07, 2018 9:32 am
Forum: Investing - Theory, News & General
Topic: “It’s probably wise to sell to the sleeping point.” - Jack Bogle
Replies: 83
Views: 11557

Re: “It’s probably wise to sell to the sleeping point.”

If someone is close to retirement or in retirement and has the retirement secured, I’d say don’t mess around. Consider doing something more definitive than just 5-10% to lock in the gains of the last decade. Monte Carlo Simulation can be very helpful for these decisions. 8 weeks from retirement and...
by Rowan Oak
Sun Oct 07, 2018 9:17 am
Forum: Investing - Theory, News & General
Topic: What part of your investment philosophy was "Inspired by Jack Bogle"?
Replies: 27
Views: 1101

What part of your investment philosophy was "Inspired by Jack Bogle"?

For me, it's everything. My entire investment philosophy is based on Jack's "Little Book of Common Sense Investing" and the Bogleheads investment philosophy . After 20 years of investing and making many mistakes along the way I have embraced Simplicity . With each year that passes I become more conf...
by Rowan Oak
Sun Oct 07, 2018 8:01 am
Forum: Investing - Theory, News & General
Topic: You know you’re a Boglehead when. . .
Replies: 44
Views: 4886

Re: You know your a Boglehead when. . .

staythecourse wrote:
Sun Oct 07, 2018 7:57 am
What folks who don't care for learning about investing don't realize is how EMPOWERING it is to have some control of your financial life. Glad to see you got a peek of that empowerment when most others who were getting anxious about their futures.
+1