Search found 195 matches

by Riley15
Wed Aug 28, 2019 3:47 pm
Forum: Investing - Theory, News & General
Topic: A theory of one's general investing mindset: 'Good enough' or 'Optimize'
Replies: 297
Views: 13471

Re: A theory of one's general investing mindset: 'Good enough' or 'Optimize'

Any type of momentum strategy won't have any positive returns as well if the markets don't provide a positive return. That's demonstrably false. A 10 month moving average strategy (~210 day moving average, which is at least 60 years old) returned over 8% nominal from 2000-2009, while buy-and-hold o...
by Riley15
Wed Aug 28, 2019 3:22 pm
Forum: Investing - Theory, News & General
Topic: A theory of one's general investing mindset: 'Good enough' or 'Optimize'
Replies: 297
Views: 13471

Re: A theory of one's general investing mindset: 'Good enough' or 'Optimize'

Let me make sure I am perfectly clear about your goal. If the stock markets tank and stay down you will still be saying "Mission accomplished!" if you match that awful market return while eating your dog food during your retirement. I'm not really worried about things getting quite that bad, but th...
by Riley15
Tue Aug 27, 2019 12:14 pm
Forum: Investing - Theory, News & General
Topic: A theory of one's general investing mindset: 'Good enough' or 'Optimize'
Replies: 297
Views: 13471

Re: A theory of one's general investing mindset: 'Good enough' or 'Optimize'

How likely is it that an individual can “optimize” by tinkering with their 401k’s? Actually, retail investors can potentially have a significant advantage over institutional investors: patience. And 'optimization' does not necessarily mean that someone is trying to beat 'the market'. I don't really...
by Riley15
Tue Aug 27, 2019 10:39 am
Forum: Investing - Theory, News & General
Topic: A theory of one's general investing mindset: 'Good enough' or 'Optimize'
Replies: 297
Views: 13471

Re: A theory of one's general investing mindset: 'Good enough' or 'Optimize'

How likely is it that an individual can “optimize” by tinkering with their 401k’s? Actually, retail investors can potentially have a significant advantage over institutional investors: patience. And 'optimization' does not necessarily mean that someone is trying to beat 'the market'. I don't really...
by Riley15
Tue Aug 27, 2019 9:55 am
Forum: Investing - Theory, News & General
Topic: A theory of one's general investing mindset: 'Good enough' or 'Optimize'
Replies: 297
Views: 13471

Re: A theory of one's general investing mindset: 'Good enough' or 'Optimize'

The thing is that the boglehead “strategy” if you can call it that is that it guarantees you will get the market return no matter what with 100% certainty. It doesn’t promise this return will be positive but it will be what the market returns all the time. You won’t get better returns and you won’t ...
by Riley15
Mon Aug 26, 2019 3:22 pm
Forum: Investing - Theory, News & General
Topic: A theory of one's general investing mindset: 'Good enough' or 'Optimize'
Replies: 297
Views: 13471

Re: A theory of one's general investing mindset: 'Good enough' or 'Optimize'

Since you're a trend follower which takes considerable "optimizing" to enter/exit at the appropriate times while in the long run still underperforming the buy-holder. Not to derail the thread, but that is far from certain. It's not a certainty but based on backtesting that's been the case as you've...
by Riley15
Mon Aug 26, 2019 9:34 am
Forum: Investing - Theory, News & General
Topic: A theory of one's general investing mindset: 'Good enough' or 'Optimize'
Replies: 297
Views: 13471

Re: A theory of one's general investing mindset: 'Good enough' or 'Optimize'

In general, those with the 'good enough' mindset seem to be more likely to use the 3-fund portfolio or something very much akin to it, find total bond market to be the only fixed income component they desire, they eschew factors, lean toward 'pure' buy-and-hold, strongly favor simplicity, etc. Thos...
by Riley15
Thu Aug 15, 2019 7:01 pm
Forum: Investing - Theory, News & General
Topic: Treasury 2-10 year yield curve has inverted!
Replies: 115
Views: 10949

Re: Treasury 2-10 year yield curve has inverted!

These spreads are determined by what the competition is doing. The treasury yield is determined at auction; the bond goes to the lowest bidder. Yes when it comes to raising money (borrowing) but lending rates (mortgage, auto, etc..) are directly controlled by the market (banks). OIC you were talkin...
by Riley15
Thu Aug 15, 2019 6:10 pm
Forum: Investing - Theory, News & General
Topic: Treasury 2-10 year yield curve has inverted!
Replies: 115
Views: 10949

Re: Treasury 2-10 year yield curve has inverted!

J G Bankerton wrote:
Thu Aug 15, 2019 6:01 pm
Riley15 wrote:
Thu Aug 15, 2019 5:59 pm
These spreads are determined by what the competition is doing.
The treasury yield is determined at auction; the bond goes to the lowest bidder.
Yes when it comes to raising money (borrowing) but lending rates (mortgage, auto, etc..) are directly controlled by the market (banks).
by Riley15
Thu Aug 15, 2019 5:59 pm
Forum: Investing - Theory, News & General
Topic: Treasury 2-10 year yield curve has inverted!
Replies: 115
Views: 10949

Re: Treasury 2-10 year yield curve has inverted!

An inverted yield curve is not only indicative of increased risk of a recession, but can be another driver of a recession. Banks borrow short and lend long. A flattened or inverted yield curve makes it less profitable and potentially even unprofitable to lend. A falloff in credit can lead to a rece...
by Riley15
Wed Jul 31, 2019 5:33 pm
Forum: Personal Finance (Not Investing)
Topic: Another NFCU CD deal [Navy Federal Credit Union]
Replies: 34
Views: 4747

Re: Another NFCU CD deal

Once your family member joins Navy Federal, you'll be eligible as well. If they can't or don't want to become a member right now, you can still join. You may need one of the following documents from your family member: Driver's License with Veteran's designation State-issued Veteran ID Card Militar...
by Riley15
Wed Jul 31, 2019 4:47 pm
Forum: Investing - Theory, News & General
Topic: Taxable Equivalent Yield (TEY)
Replies: 36
Views: 6676

Re: Taxable Equivalent Yield (TEY)

Kevin, Thanks for the great explanation. But to expand on this to other types investments except bonds, I am trying to determine the comparable TEY between say a Dividend/REIT Funds which are taxed at the Federal Dividend Rate for Qualified Dividends which is less than the income tax rate on Bonds....
by Riley15
Sun Jul 07, 2019 10:17 pm
Forum: Investing - Theory, News & General
Topic: Taxable Equivalent Yield (TEY)
Replies: 36
Views: 6676

Re: Taxable Equivalent Yield (TEY)

I thought there would be a Wiki article on this, but couldn't find one, and I'm too lazy to write one myself--posting is easier. Rather than repeat this in various threads where it's relevant, I thought I'd put my thoughts on it in one post. When buying fixed-income securities (Treasuries, in-state...
by Riley15
Thu May 02, 2019 12:57 pm
Forum: Personal Finance (Not Investing)
Topic: Pay off a 30 year mortgage in 15 years? The cost of flexibility
Replies: 100
Views: 14397

Re: Pay off a 30 year mortgage in 15 years? The cost of flexibility

This post does not address the value in paying off a mortgage early but rather the choice to specifically take out a 30 year mortgage when one intends to pay it off in 15 years. I've heard people say many times that they were paying off their 30 year mortgage in 15 years, and I've also heard this s...
by Riley15
Tue Apr 23, 2019 1:52 pm
Forum: Personal Finance (Not Investing)
Topic: Housing: "Super Savers" vs. the "Rest"...
Replies: 85
Views: 10028

Re: Housing: "Super Savers" vs. the "Rest"...

For us, it simply made sense on multiple levels, financial not being the least of them, to have a small home. Ours is 3/2 with 1,200 sq. ft., and it's great for our family of three. We've had moderately big, moderate, and small, and we like small. Smaller homes tend to result in: 1. less mortgage i...
by Riley15
Tue Mar 26, 2019 12:52 pm
Forum: Personal Finance (Not Investing)
Topic: Paper I Bonds
Replies: 35
Views: 2504

Re: Paper I Bonds

I closed my TD account. I prefer paper. With TD, if someone hacks your account, you won't be made whole. On the other hand, lost, stolen or even fraudulently redeemed paper I Bonds can and will be replaced. Also, your heirs can find the paper I Bonds but they may never discover your TD account, sin...
by Riley15
Thu Mar 07, 2019 4:27 pm
Forum: Investing - Theory, News & General
Topic: Why isn't tax gain harvesting suggested more often?
Replies: 33
Views: 2863

Re: Why isn't tax gain harvesting suggested more often?

In the debate of whether to pay off mortgage early, why isn't after tax investing, with tax gain harvesting, suggested more often (instead of paying off mortgage early)? Do most people just make too much money for TGH? It seems it would give you three benefits: 1. Mortgage interest deduction 2. Hig...
by Riley15
Mon Feb 25, 2019 7:06 pm
Forum: Investing - Theory, News & General
Topic: "Warren Buffett says if you invested $10,000 in the S&P 500 in 1942, you'd have $51 million today"
Replies: 110
Views: 8167

Re: "Warren Buffett says if you invested $10,000 in the S&P 500 in 1942, you'd have $51 million today"

What if you had invested in the Nifty Fifty in 1960? I do agree that, in hindsight, investing in a broad index with carefully chosen stocks like the S&P 500 would have been a brilliant investing idea. However, I don't agree that it would have been easy to predict the future success thereof, way bac...
by Riley15
Mon Feb 25, 2019 6:55 pm
Forum: Investing - Theory, News & General
Topic: "Warren Buffett says if you invested $10,000 in the S&P 500 in 1942, you'd have $51 million today"
Replies: 110
Views: 8167

Re: "Warren Buffett says if you invested $10,000 in the S&P 500 in 1942, you'd have $51 million today"

I believe Mr. Buffett was using that example to make the point that passive investing in American business over that period of time would have been extremely successful, not that anyone should literally have invested $10k back then. Agreed. It's rather obvious a much smaller amount of money would h...
by Riley15
Mon Feb 25, 2019 6:39 pm
Forum: Investing - Theory, News & General
Topic: "Warren Buffett says if you invested $10,000 in the S&P 500 in 1942, you'd have $51 million today"
Replies: 110
Views: 8167

Re: "Warren Buffett says if you invested $10,000 in the S&P 500 in 1942, you'd have $51 million today"

“My wealth has come from a combination of living in America, some lucky genes, and compound interest.” – Warren Buffett It's more likely the lucky genes. No one has a realistic 76 year investing timeframe, unless they are born with a silver spoon. What he is really saying is if you were born into w...
by Riley15
Fri Feb 22, 2019 12:05 pm
Forum: Personal Finance (Not Investing)
Topic: On this Forum, is X% of Income Saved Pre-Tax or Post-Tax?
Replies: 95
Views: 6753

Re: On this Forum, is X% of Income Saved Pre-Tax or Post-Tax?

Olemiss540, No, I recommend saving 100% of annual expense every year. It may or may not equal to 50% of post-tax income. For example, I can spend up to 6+K of medical expense via HSA. HSA is pre-tax. Pre-tax, post-tax and whatever income is subjected to manipulation. And, it is meaningless in the c...
by Riley15
Thu Feb 21, 2019 8:52 pm
Forum: Personal Finance (Not Investing)
Topic: On this Forum, is X% of Income Saved Pre-Tax or Post-Tax?
Replies: 95
Views: 6753

Re: On this Forum, is X% of Income Saved Pre-Tax or Post-Tax?

Olemiss540, No, I recommend saving 100% of annual expense every year. It may or may not equal to 50% of post-tax income. For example, I can spend up to 6+K of medical expense via HSA. HSA is pre-tax. Pre-tax, post-tax and whatever income is subjected to manipulation. And, it is meaningless in the c...
by Riley15
Thu Feb 21, 2019 8:13 pm
Forum: Personal Finance (Not Investing)
Topic: On this Forum, is X% of Income Saved Pre-Tax or Post-Tax?
Replies: 95
Views: 6753

Re: On this Forum, is X% of Income Saved Pre-Tax or Post-Tax?

Olemiss540, No. I do not consider taxes as an expense. Gross income = taxes (Federal + State+ FICA+ Medicare) + annual expense + savings I use this saving rate because my financial goal is Financially Independence. KlangFool Got it. So you recommend saving 50% of post tax income. :D Olemiss540, No,...
by Riley15
Thu Feb 21, 2019 7:35 pm
Forum: Personal Finance (Not Investing)
Topic: Side gig ideas with minimal requirements?
Replies: 124
Views: 10007

Re: Side gig ideas with minimal requirements?

My lucrative hobby is bank bonuses. About $5,500 last year. Another $2,500 in cc sign up bonuses. In the first 45 days of this calendar year I've made about $700. Nothing to sneeze at. Not making me rich either, just hitting some goals faster as you stated in your original post. Bank bonuses, broke...
by Riley15
Thu Feb 21, 2019 6:24 pm
Forum: Personal Finance (Not Investing)
Topic: On this Forum, is X% of Income Saved Pre-Tax or Post-Tax?
Replies: 95
Views: 6753

Re: On this Forum, is X% of Income Saved Pre-Tax or Post-Tax?

OP, I save 1 year of my current annual expense every year. I do not save based on X% of income. KlangFool Wouldn't that be saving 50% of pretax income? So wouldn't you recommend saving 50% of pretax income every year? Olemiss540, No. I do not consider taxes as an expense. Gross income = taxes (Fede...
by Riley15
Wed Feb 20, 2019 1:03 pm
Forum: US Chapters
Topic: How many bogleheads do you know in real life?
Replies: 130
Views: 10264

Re: How many bogleheads do you know in real life?

I do generally follow Boglehead investment strategy. But I've found that focusing too heavily on any one thing in life is not a recipe that maximizes my happiness. Enjoying the present, and the journey (especially while relatively young) is important too. I try to think of things in terms of minimi...
by Riley15
Wed Feb 13, 2019 5:23 pm
Forum: Personal Investments
Topic: CDs: 1 yr vs 3yr
Replies: 46
Views: 5116

Re: CDs: 1 yr vs 3yr

Decided I am going to put 100k in my local bank at 3% for 18 months. Yes its FIDC insured. No extra fee's Whatsover and .53 basis points over VMMXX currently right now which is 2.47. I'd like to do something with another 100k if I could get more than 3% and also protected. That still leaves me enou...
by Riley15
Tue Feb 12, 2019 10:11 am
Forum: Investing - Theory, News & General
Topic: How "Safe" is Your Bond Fund?
Replies: 43
Views: 4489

Re: How "Safe" is Your Bond Fund?

While everyone is well aware of Term and Credit risks with Bonds and that's what is used to make investment decisions. The hidden but one of the most important but overlooked risk is Liquidity, I think this is the critical factor that can break the bond fund in times of distress. Term risks are well...
by Riley15
Sun Feb 10, 2019 9:34 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Prime Money Market yield over 2.5%
Replies: 232
Views: 52098

Re: Vanguard Prime Money Market yield over 2.5%

[ I had $14000 "invested" when I got out and lost $14.76 on the sale. Of course at the end I was getting dividends of some $60 a month. (I saw the writing on the wall and got out before the end.) :D So what was so apparent when the NAV dipped that you decided to sell? Bonds always fluctuate in NAV ...
by Riley15
Sat Feb 09, 2019 1:08 pm
Forum: Investing - Theory, News & General
Topic: How "Safe" is Your Bond Fund?
Replies: 43
Views: 4489

How "Safe" is Your Bond Fund?

Recently in another thread Kevin M brought to my attention the case of the Schwab Yield-Plus Ultrashort Term Bond Fund (SWYPX). This was supposedly a ultrashort bond fund but marketed as a "high-yield" type money market fund with duration of less than 1 year and a "safe" place to keep cash. It went ...
by Riley15
Thu Feb 07, 2019 9:38 pm
Forum: Investing - Theory, News & General
Topic: Corporate stock buybacks
Replies: 19
Views: 1114

Re: Corporate stock buybacks

Corporate buyback shares are usually retired, decreasing total share number and therefore increasing earnings per share even if earnings do not increase. Better PEs typically result in better stock prices, hence the payoff for investors comes from stock price appreciation. D Garland Whizzer By bett...
by Riley15
Thu Feb 07, 2019 6:18 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Prime Money Market yield over 2.5%
Replies: 232
Views: 52098

Re: Vanguard Prime Money Market yield over 2.5%

Kevin M wrote:
Thu Feb 07, 2019 5:29 pm

I'm pretty sure that this is the one that Doc and I owned, and both got out of before it got too bad (as I recall, I got out after losing about 1%).

Kevin

Having been there what made you realize to sell when it was down 1% and go against the "stay the course" mantra?
by Riley15
Thu Feb 07, 2019 5:49 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Prime Money Market yield over 2.5%
Replies: 232
Views: 52098

Re: Vanguard Prime Money Market yield over 2.5%

Looking at the 1-year return of the Schwab ultra-short bond fund before it tanked in 2008 probably made it look good compared to money market funds too. Sometimes you are rewarded for credit risk, and sometimes the risk shows up. Kevin Can you share what the Ticker of the this Ultra-short term bond...
by Riley15
Thu Feb 07, 2019 5:05 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Prime Money Market yield over 2.5%
Replies: 232
Views: 52098

Re: Vanguard Prime Money Market yield over 2.5%

Looking at the 1-year return of the Schwab ultra-short bond fund before it tanked in 2008 probably made it look good compared to money market funds too. Sometimes you are rewarded for credit risk, and sometimes the risk shows up. Kevin Can you share what the Ticker of the this Ultra-short term bond...
by Riley15
Thu Feb 07, 2019 4:51 pm
Forum: Investing - Theory, News & General
Topic: Corporate stock buybacks
Replies: 19
Views: 1114

Re: Corporate stock buybacks

Isn't the buyback a bigger benefit to the executives than dividends, because of the fact it inflates per share price and thus the potential market value of their unvested options? In theory no - the price of a stock would be unchanged. Yes, in theory the price of the stock would remain unchanged si...
by Riley15
Wed Feb 06, 2019 12:02 am
Forum: Investing - Theory, News & General
Topic: VMMXX - Why so popular? [Vanguard Prime Money Market Fund]
Replies: 23
Views: 4012

Re: VMMXX - Why so popular? [Vanguard Prime Money Market Fund]

Hello all, I have been reading up on the many articles here and many people refer to VMMXX as a great place to put cash or emergency fund ... I was looking into it, and it seems it only yields 2.48% but has a 0.16% expense ratio, which would make the net yield 2.32% Ally no penalty CD offers 2.3% C...
by Riley15
Tue Feb 05, 2019 3:34 pm
Forum: Investing - Theory, News & General
Topic: Understanding T-Bill Rates
Replies: 5
Views: 886

Understanding T-Bill Rates

I am trying to get a good hold on the different notations to indicate T-Bill rates and how to simply compare them to CD rates? At Vaguad auction page a Indicate Yield is shown for 1-month T-Bill as 2.379% https://personal.vanguard.com/us/funds/bonds/bonddesk?lang=en At Treasury Direct the most recen...
by Riley15
Thu Jan 31, 2019 1:45 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Prime Money Market yield over 2.5%
Replies: 232
Views: 52098

Re: Vanguard Prime Money Market yield over 2.5%

However, my taxable-equivalent SEC yield (TEY) for Vanguard Treasury MM fund is even higher at 2.61% (2.64% on an APY basis); that's at an SEC yield of 2.32%, and marginal tax rates of 27% fed and 8% state (it's mainly the state tax exemption that boosts the TEY of Treasury MM). And Treasury MM is ...
by Riley15
Fri Jan 18, 2019 1:56 pm
Forum: Investing - Theory, News & General
Topic: My trend following strategy and experience
Replies: 974
Views: 76999

Re: My trend following strategy and experience

Last year, the first full year of my implementation of this strategy, my overall portfolio performance was -4.38%. This was slightly better than Vanguard's Total Stock Market index fund, VTSAX, which returned -5.17%, and much better than Vanguard's Total International Stock index fund, VTIAX, which...
by Riley15
Fri Jan 18, 2019 1:46 pm
Forum: Personal Investments
Topic: Just missed a few days of gains rolling over 401K from Fidelity to Vanguard
Replies: 59
Views: 1933

Re: Just missed a few days of gains rolling over 401K from Fidelity to Vanguard

What would you do at this point? Wait 1 more day with the funds in cash since we had two market up days? Or just buy in immediately regardless of the 1.5%+ that I just missed? I cannot predict the future, so I am not sure what I would do now, but here is what I have done in the past: In a situation...
by Riley15
Thu Jan 17, 2019 4:50 pm
Forum: Investing - Theory, News & General
Topic: Any thoughts on the role of Gold in your portfolio?
Replies: 103
Views: 6854

Re: Any thoughts on the role of Gold in your portfolio?

I don't really understand how physical gold is a hedge against some type of worldwide catastrophe. It has no intrinsic value or use other than what most metals can be used for. In an apocalypse or anarchy what good would gold do, why would people suddenly defer to gold as the currency? The only thin...
by Riley15
Mon Jan 14, 2019 11:45 pm
Forum: Investing - Theory, News & General
Topic: Super Short Term Bond Risks
Replies: 16
Views: 2742

Re: Super Short Term Bond Risks

Is the spread of tax-adjusted returns between an ultra short bond fund and the Prime Money Market fund (VMMXX) worth it, even at the highest marginal rate? If you factor the zero chance of NAV fluctuation in VMMXX, what is the premium differential that you believe is worth the added risk? Is this l...
by Riley15
Mon Jan 14, 2019 12:03 pm
Forum: Investing - Theory, News & General
Topic: Super Short Term Bond Risks
Replies: 16
Views: 2742

Super Short Term Bond Risks

The Vanguard Ultra Short Term Bond (VUBFX) seems like a great place to park short term funds. It has a SEC yield of 2.71% and a duration of only 0.9 years so the interest rate risk seems minimal. However I am trying to understand the credit risk. Ultra Short Term Bond (VUBFX) seems very different fr...
by Riley15
Fri Jan 04, 2019 5:20 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 12340
Views: 2129602

Re: U.S. stocks in free fall

Including the Nov., 2018, data, it is 3.92. November's UER was 3.7. Historically, this has been a strong indicator that we are not currently in a recession. Can you please provide the link to where you pull the 12MMA unemployment rate from? Many thanks. I calculate with Excel using the data from th...
by Riley15
Fri Dec 28, 2018 3:51 pm
Forum: Investing - Theory, News & General
Topic: [Vanguard Founder Jack Bogle Says It’s Time to Play It Safe]
Replies: 153
Views: 14691

Re: [Vanguard Founder Jack Bogle Says It’s Time to Play It Safe]

Well he said "play it safe" https://www.barrons.com/articles/vanguard-founder-jack-bogle-on-the-stock-market-51545950443?mod=hp_BRIEFLIST_1&mod=article_inline "Vanguard Founder Jack Bogle Says It’s Time to Play It Safe" In case you’re thinking that it’s safe to dive back into the stock market, thin...
by Riley15
Thu Dec 27, 2018 3:10 pm
Forum: Personal Investments
Topic: Get greedy when others are fearful?
Replies: 14
Views: 2105

Re: Get greedy when others are fearful?

I believe Warren Buffett said the time to be fearful is when others are greedy and the time to be greedy is when others are fearful. Does anyone follow this? And if so, how? I’ve been age - 10 = fixed for a while but feel I could be more aggressive. I’m wondering if I should switch to age - 20 if t...
by Riley15
Mon Dec 17, 2018 4:01 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 12340
Views: 2129602

Re: U.S. stocks in free fall

RetireBy55 wrote:
Mon Dec 17, 2018 3:58 pm
corn18 wrote:
Mon Dec 17, 2018 3:56 pm
RetireBy55 wrote:
Mon Dec 17, 2018 3:51 pm
What do they know that the rest of us don't?
Nothing
Obviously, they do.

They don't actually know anything but they can perpetuate what they think they know making it true. It's he who sets prices that controls the markets not indexers.
by Riley15
Mon Dec 17, 2018 2:11 pm
Forum: Investing - Theory, News & General
Topic: Not Fed's job to fix irrational market
Replies: 18
Views: 2307

Re: Not Fed's job to fix irrational market

The unemployment rate is at rock-bottom, and it's also trending downward I don't know how much of that is a sign of the economy being really strong, versus wages having been "sticky" for many years during the recovery from the financial crisis (despite the stock market, GDP and profits recovering p...
by Riley15
Fri Dec 07, 2018 11:42 am
Forum: Investing - Theory, News & General
Topic: Why Retirement Is Broken And Needs To Be Reinvented
Replies: 174
Views: 12999

Re: Why Retirement Is Broken And Needs To Be Reinvented

It seems many of the posts are really painting other people (non-bogleheads) using a very broad brush. Each person is different and unique. People are just wired differently and this can change at any time. Bogleheads are planners and value saving and retirement higher on their priorities and think ...
by Riley15
Thu Nov 15, 2018 11:58 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 12340
Views: 2129602

Re: U.S. stocks in freefall

CULater wrote:
Thu Nov 15, 2018 9:58 am
I got out of stocks 11% ago. Decided I had won the game and it was getting a little hairy to keep playing. Hey, isn't that like a +11% return in just a few weeks? Pretty good for me.
Well yes it is but only until stocks go back up 11%. When they move up another 11%, then it's a -11% loss.