Search found 502 matches

by MJW
Wed Oct 17, 2018 3:54 pm
Forum: Investing - Theory, News & General
Topic: "Why Jack Bogle Doesn't Own Non-U.S. Stocks"
Replies: 203
Views: 10599

Re: "Why Jack Bogle Doesn't Own Non-U.S. Stocks"

Perhaps someone will clarify: I seem to be in a minority around here in that I do hold international stocks but I am also skeptical/unconvinced that it is going to better help me achieve my goals. I do not see myself removing this allocation but I also am not overly enthusiastic about having it, ei...
by MJW
Wed Oct 17, 2018 2:00 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 7401
Views: 1552819

Re: U.S. stocks in freefall

David Jay wrote:
Wed Oct 17, 2018 1:55 pm
Anybody notice that this thread now has over 1.5 million views? Crazy...
Mostly two or three of the same people clicking the refresh icon. :P
by MJW
Wed Oct 17, 2018 1:07 pm
Forum: Investing - Theory, News & General
Topic: "Why Jack Bogle Doesn't Own Non-U.S. Stocks"
Replies: 203
Views: 10599

Re: "Why Jack Bogle Doesn't Own Non-U.S. Stocks"

Perhaps someone will clarify: I seem to be in a minority around here in that I do hold international stocks but I am also skeptical/unconvinced that it is going to better help me achieve my goals. I do not see myself removing this allocation but I also am not overly enthusiastic about having it, eit...
by MJW
Wed Oct 17, 2018 1:02 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Prepare For The Bear
Replies: 74
Views: 9496

Re: Larry Swedroe: Prepare For The Bear

Wow, lots of nastiness in here.
by MJW
Wed Oct 17, 2018 11:23 am
Forum: Investing - Theory, News & General
Topic: "Why Jack Bogle Doesn't Own Non-U.S. Stocks"
Replies: 203
Views: 10599

Re: "Why Jack Bogle Doesn't Own Non-U.S. Stocks"

I just don't understand why so many on both sides of the issue are so militant about it. And with the one exception above, exceptionally few people seem apt to change their minds about the issue. It's just the way of the world. No different than the political landscape in the US. The forum is a mic...
by MJW
Wed Oct 17, 2018 11:11 am
Forum: Investing - Theory, News & General
Topic: "Why Jack Bogle Doesn't Own Non-U.S. Stocks"
Replies: 203
Views: 10599

Re: "Why Jack Bogle Doesn't Own Non-U.S. Stocks"

Everyone has made up their minds and we are each so brilliant that we know in our hearts we are right. My mind is far from made up – at least in terms of whether I believe my international holdings are going to be “worth it” for me in the long run. I’m skeptical, but really I have no idea. For the ...
by MJW
Tue Oct 16, 2018 1:25 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 321
Views: 33736

Re: U.S. stocks continue to soar!

Smooth sailing and sunny days ahead. BUY EVERYTHING!
by MJW
Mon Oct 15, 2018 5:30 pm
Forum: Investing - Theory, News & General
Topic: Is EMH a tautology?
Replies: 108
Views: 4629

Re: Is EMH a tautology?

I sometimes wonder if a famous economist said something like "if you step in front of a rapidly moving train then you're going to die" how long it would take for a Boglehead to show up and say "that's not 100% true, there's always a chance you could survive". Then, how much longer would it take for...
by MJW
Sun Oct 14, 2018 11:40 pm
Forum: Investing - Theory, News & General
Topic: Does international really buy you diversification?
Replies: 43
Views: 4461

Re: Does international really buy you diversification?

watchnerd wrote:
Sun Oct 14, 2018 10:57 pm
MJW wrote:
Sun Oct 14, 2018 8:49 pm
whodidntante wrote:
Sun Oct 14, 2018 7:40 pm
Does anyone know what statistics feel like?
Sort of a warm, tingling feeling.
Kind of scratchy, is my experience.
Hmm. You might need to be checked for homogeneity of variance.
by MJW
Sun Oct 14, 2018 8:49 pm
Forum: Investing - Theory, News & General
Topic: Does international really buy you diversification?
Replies: 43
Views: 4461

Re: Does international really buy you diversification?

whodidntante wrote:
Sun Oct 14, 2018 7:40 pm
Does anyone know what statistics feel like?
Sort of a warm, tingling feeling.
by MJW
Sun Oct 14, 2018 4:20 pm
Forum: Personal Consumer Issues
Topic: Pacific Northwest trip
Replies: 39
Views: 2804

Re: Pacific Northwest trip

I respectfully disagree that MJW's comments were "courteous and diplomatic". I think that if an individual has a negative comment about an issue or place it's only fair to state what the subject is that the poster does not like. Otherwise, it remains hanging in the air as an unsubstantiated comment...
by MJW
Sat Oct 13, 2018 11:29 pm
Forum: Investing - Theory, News & General
Topic: Vanguard factor funds slow to catch on
Replies: 78
Views: 8969

Re: Vanguard factor funds slow to catch on

vineviz wrote:
Sat Oct 13, 2018 9:29 pm
Vanguard's multifactor fund is tailor made for individual investors, albeit sophisticated ones or investors using a financial advisor.

It's got all the hallmark of a terrific core domestic equity holding: low expenses, broad market cap range, decent factor exposure, etc.
Why sophisticated?
by MJW
Sat Oct 13, 2018 5:33 pm
Forum: Investing - Theory, News & General
Topic: Is EMH a tautology?
Replies: 108
Views: 4629

Re: Is EMH a tautology?

I don't know, "polemics and sophistry" seems a bit heavy handed of a charge for this discussion.
by MJW
Sat Oct 13, 2018 4:15 pm
Forum: Personal Finance (Not Investing)
Topic: Neighbor discussing finances with me
Replies: 64
Views: 5912

Re: Neighbor discussing finances with me

Since your neighbor has raised the subject with you, I think there is a way you can approach this without being a) too forceful/meddling/know-it-all-y, or b) too committal/involved. The next time your neighbor mentions the subject, you can respond by simply telling him what a good idea it is to beco...
by MJW
Fri Oct 12, 2018 11:56 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 7401
Views: 1552819

Re: U.S. stocks in freefall

Earl Lemongrab wrote:
Fri Oct 12, 2018 7:48 pm
I guess I don't see the big deal either. I mean, the price of the S&P 500 is about where it was in early July. People weren't excitedly buying stocks then.
My thoughts as well. The nerves around the market have been going for a while. It's not like the events of this week fixed anything.
by MJW
Fri Oct 12, 2018 2:21 pm
Forum: Personal Consumer Issues
Topic: Pacific Northwest trip
Replies: 39
Views: 2804

Re: Pacific Northwest trip

I moved to PacNW from the Midwest six years ago, and while I do have my reservations about continuing to live here I can say that I remain in awe of its beauty. OOC, what dont you like about the PNW? There are a number of things but I’m not sure it is a good idea to go into them here. I only have m...
by MJW
Fri Oct 12, 2018 1:22 pm
Forum: Personal Consumer Issues
Topic: Pacific Northwest trip
Replies: 39
Views: 2804

Re: Pacific Northwest trip

Texasdiver covered a lot of ground for you. It's a beautiful area. I moved to PacNW from the Midwest six years ago, and while I do have my reservations about continuing to live here I can say that I remain in awe of its beauty. Hopefully the area isn't smoke-filled when you come. That's been a thing.
by MJW
Fri Oct 12, 2018 1:11 pm
Forum: Investing - Theory, News & General
Topic: Does international really buy you diversification?
Replies: 43
Views: 4461

Re: Does international really buy you diversification?

International diversification requires a longer term view. Bogle's arguments against holding any international stocks seem like they could apply to a Japanese investor in 1987: Japanese companies sell products to many countries, so you have exposure Domestic has the highest returns, so why bother w...
by MJW
Fri Oct 12, 2018 1:06 pm
Forum: Investing - Theory, News & General
Topic: Does it make sense to consider that stocks are 'on sale' when there's a correction?
Replies: 84
Views: 4264

Re: Does it make sense to consider that stocks are 'on sale' when there's a correction?

I suspect a lot of people say it because they've seen others say it and so it becomes something to say. Same is true for other oft-used expressions on the forum. Not sure how many of them actually think about it.
by MJW
Fri Oct 12, 2018 12:07 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 7401
Views: 1552819

Re: U.S. stocks in freefall

I'm a relatively young investor here in the beginning years of my retirement portfolio accumulation phase. Been with Vanguard for about 5 years now since I started my career. Currently in 100% equities. And I am EAGERLY awaiting a huge bear market ...because it simply means stocks are at a discount...
by MJW
Thu Oct 11, 2018 6:30 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Why Emerging Markets Matter
Replies: 82
Views: 6326

Re: Larry Swedroe: Why Emerging Markets Matter

HEDGEFUNDIE wrote:
Thu Oct 11, 2018 6:26 pm
Whether or when any particular EM country can catch up with the DM crowd is another question.
Yeah, given enough time maybe they'll end up not doing anything either. :P
by MJW
Thu Oct 11, 2018 5:46 pm
Forum: Investing - Help with Personal Investments
Topic: What did you buy today
Replies: 108
Views: 7505

Re: What did you buy today

Subway sandwich, chips, diet coke And a little bit of a bond fund. Cured processed meats, artificial sweeter and a salty poison oiled carb. Read up on gut bacteria and toxins for the best investment in your health you will ever make! Don't lecture her on what to eat. Warren Buffet eats a cheeseburg...
by MJW
Thu Oct 11, 2018 5:39 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Why Emerging Markets Matter
Replies: 82
Views: 6326

Re: Larry Swedroe: Why Emerging Markets Matter

Mr. Swedroe's next post should be interesting: "In my next post, I'll examine the evidence on whether active management is the winning strategy in emerging markets." He has written on the topic previously: https://www.etf.com/sections/index-investor-corner/swedroe-actives-emerging-market-flaws
by MJW
Thu Oct 11, 2018 2:40 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 7401
Views: 1552819

Re: U.S. stocks in freefall

I've only been a member of the BH forum for a couple of years, but I'm not sure I've ever seen so many people this antsy.
by MJW
Thu Oct 11, 2018 1:39 pm
Forum: Personal Finance (Not Investing)
Topic: Job Opportunity - Via Staffing Agency
Replies: 29
Views: 2253

Re: Job Opportunity - Via Staffing Agency

* Ouch * I understand HR gets a bad rap and sometimes I look at my 'peers' and I can't disagree. For myself I can say I do truly advocate for the employee balanced with what's best for the business. I'm often amazed and people's tales of evil HR from their past. :twisted: I agree that the professio...
by MJW
Wed Oct 10, 2018 8:13 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 7401
Views: 1552819

Re: U.S. stocks in freefall

aqan wrote:
Wed Oct 10, 2018 5:58 pm
Any turbulence and you can couton this thread to be on the top. Every one gets spooked so easily here.
Just because I sold everything and am now hiding out in my bunker?
by MJW
Wed Oct 10, 2018 3:12 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 7401
Views: 1552819

Re: U.S. stocks in freefall

Doom&Gloom wrote:
Wed Oct 10, 2018 3:07 pm
This is it!

I'm not certain what "it" is, but this is definitely it.
I agree. It's definitely happening. I'm seeing the same thing you are.
by MJW
Wed Oct 10, 2018 1:13 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 7401
Views: 1552819

Re: U.S. stocks in freefall

It's a good thing I have my international holdings to smooth out my US losses.

And by "smooth out" I mean "worsen." :sharebeer
by MJW
Tue Oct 09, 2018 11:59 pm
Forum: Personal Finance (Not Investing)
Topic: Job Opportunity - Via Staffing Agency
Replies: 29
Views: 2253

Re: Job Opportunity - Via Staffing Agency

gotester2000 wrote:
Tue Oct 09, 2018 11:55 pm
HR has its own targets and bonuses for meeting company objectives. They care a hoot for employees. HR talking about ethics is ironical at best.
Ironical, indeed. You seem highly knowledgeable on the subject matter, so I will defer to your expertise.
by MJW
Tue Oct 09, 2018 11:58 pm
Forum: Investing - Theory, News & General
Topic: The benefits of international diversification - NOT: Hulbert
Replies: 80
Views: 5219

Re: The benefits of international diversification - NOT: Hulbert

jalbert wrote:
Tue Oct 09, 2018 11:46 pm
Over long periods, say 30+ years, a portfolio performance miss is an irreversible outcome. You don’t get to rewind the clock and play it over a different way.
Yeah, that is precisely what makes me apprehensive about my decision to hold international stock. :)
by MJW
Tue Oct 09, 2018 11:12 pm
Forum: Personal Finance (Not Investing)
Topic: Job Opportunity - Via Staffing Agency
Replies: 29
Views: 2253

Re: Job Opportunity - Via Staffing Agency

might I suggest you look it up in either the “urban dictionary” or in wiki { it probably doesn’t mean what you think it means} LOL...expression of sympathy or genuine concern, per the wiki. :wink: Although, given the prevalence of HR-hate expressed on this forum I can understand why a different usa...
by MJW
Tue Oct 09, 2018 10:34 pm
Forum: Personal Finance (Not Investing)
Topic: Job Opportunity - Via Staffing Agency
Replies: 29
Views: 2253

Re: Job Opportunity - Via Staffing Agency

Nestegg_User wrote:
Tue Oct 09, 2018 8:49 pm
MJW wrote:
Tue Oct 09, 2018 3:42 pm
miriamele wrote:
Tue Oct 09, 2018 3:34 pm
I work in HR
Bless your heart. :P
Is that meant in a “Southern” way?
I don't know. I'm not from the South.
by MJW
Tue Oct 09, 2018 6:48 pm
Forum: Investing - Theory, News & General
Topic: The benefits of international diversification - NOT: Hulbert
Replies: 80
Views: 5219

Re: The benefits of international diversification - NOT: Hulbert

randomguy wrote:
Tue Oct 09, 2018 6:27 pm

And obvious the japanese investor did a lot better with international diversification😀
Yeah, the Japanese investor would have been better off investing in US, too. :wink:
by MJW
Tue Oct 09, 2018 3:42 pm
Forum: Personal Finance (Not Investing)
Topic: Job Opportunity - Via Staffing Agency
Replies: 29
Views: 2253

Re: Job Opportunity - Via Staffing Agency

miriamele wrote:
Tue Oct 09, 2018 3:34 pm
I work in HR
Bless your heart. :P
by MJW
Tue Oct 09, 2018 3:37 pm
Forum: Personal Finance (Not Investing)
Topic: Job Opportunity - Via Staffing Agency
Replies: 29
Views: 2253

Re: Job Opportunity - Via Staffing Agency

This is an example of why I don’t like staffing companies acting like de facto recruitment agencies. The risk is disproportionately on the side of the employee, even more so than traditional employment arrangements. It’s one thing for a business to call up a staffing company and tell them they need ...
by MJW
Mon Oct 08, 2018 8:26 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Why Emerging Markets Matter
Replies: 82
Views: 6326

Re: Larry Swedroe: Why Emerging Markets Matter

ok, true. but let's say for whatever reason everybody decided to hold more small caps (than present market), wouldn't that also change the composition of the total stock market index fund (and total global stock market fund as well)? I guess what I'm asking is do you believe TSM is fine or do you s...
by MJW
Mon Oct 08, 2018 8:15 pm
Forum: Personal Finance (Not Investing)
Topic: Sellers remorse - selling business
Replies: 44
Views: 4725

Re: Sellers remorse - selling business

I’m mid-50’s and my DNA won’t allow me to just retire anytime soon. I’ll need to jump into something new in a few years, but have no idea what that might be at this moment. Why do you need to know that right now? Who knows what opportunities might be waiting for you down the road, especially if you...
by MJW
Mon Oct 08, 2018 7:16 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Why Emerging Markets Matter
Replies: 82
Views: 6326

Re: Larry Swedroe: Why Emerging Markets Matter

And if the total international stock market index fund holds 20% EM, then when EM does poorly (assuming int. developed does better) then wouldn't the fund itself rebalance into EM to get the EM weight back to 20%? Unless my understanding of index funds has been completely wrong for years now, Total...
by MJW
Mon Oct 08, 2018 5:02 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 7401
Views: 1552819

Re: U.S. stocks in freefall

There seems to be an even greater uptick in "Do you think something bad is about to happen?" posts lately.
by MJW
Sun Oct 07, 2018 1:17 am
Forum: Investing - Help with Personal Investments
Topic: Long or medium bonds
Replies: 88
Views: 5512

Re: Long or medium bonds

Yes I think this is the crux of the issue. If all you look at is your bottom line portfolio total, long bonds would be the best approach that delivers the highest long term portfolio returns with the lowest volatility. But few people can avoid looking at their individual portfolio components, and w...
by MJW
Sun Oct 07, 2018 1:09 am
Forum: Investing - Theory, News & General
Topic: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!
Replies: 1188
Views: 98331

Re: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!

We need to keep this thread civil so it can live on for another 1,000 posts.
by MJW
Sat Oct 06, 2018 4:57 pm
Forum: Investing - Theory, News & General
Topic: October Bogleheads On Investing Podcast with Dr. David Blitzer
Replies: 23
Views: 2662

Re: October Bogleheads On Investing Podcast with Dr. David Blitzer

Rick - On another note, is there an ETA for when your new website will be ready?
by MJW
Sat Oct 06, 2018 3:22 pm
Forum: Investing - Theory, News & General
Topic: Doubling down on EM [Emerging Market]
Replies: 55
Views: 5753

Re: Doubling down on EM

EM always has to be so moody and dramatic. It can't just chill out and be mellow in your portfolio. 8-)
by MJW
Sat Oct 06, 2018 1:36 pm
Forum: Investing - Help with Personal Investments
Topic: Long or medium bonds
Replies: 88
Views: 5512

Re: Long or medium bonds

Probably a discussion for a separate thread. So, if we’re working off the premise that long treasuries are a good diversifier for a high equity portfolio, what in your view is an appropriate stock/bond ratio to benefit from this? Let’s say our model investor is 25-30 years from retirement and would...
by MJW
Fri Oct 05, 2018 12:41 pm
Forum: Investing - Theory, News & General
Topic: Key differences between investing philosophies: Swedroe vs. Bogle
Replies: 144
Views: 7645

Re: Key differences between investing philosophies: Swedroe vs. Bogle

I was actually a little surprised to see this thread is still open. Once the obvious distinctions between the two were made early in the discussion it seems silly for the conversation to drift into contentious territory. I wonder what either individual would think of people on the Internet fighting ...
by MJW
Fri Oct 05, 2018 12:20 am
Forum: Personal Consumer Issues
Topic: Black suit with dark brown shoes?
Replies: 59
Views: 3936

Re: Black suit with dark brown shoes?

I recently saw a mannequin at Macy's with a black suit and brown shoes. Grated on my sensibilities. I'm 82 and can't remember seeing that combo ever before in my life. Evaluate the upside and downside. I would never wear brown shoes in that situation. The fact that the brown shoes are a dark brown ...
by MJW
Fri Oct 05, 2018 12:17 am
Forum: Personal Consumer Issues
Topic: Black suit with dark brown shoes?
Replies: 59
Views: 3936

Re: Black suit with dark brown shoes?

Update: Ran it by my wife and she says the shoes are dark enough its acceptable. She’s been my guest before to this function and says it’s not a faux-pas at all. They are about this dark: http://www.theunstitchd.com/fashion/cocktail-party-outfits/attachment/6-dshing-black-suit-with-waist-coat-dark-...
by MJW
Thu Oct 04, 2018 2:07 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 7401
Views: 1552819

Re: U.S. stocks in freefall

goblue100 wrote:
Thu Oct 04, 2018 1:53 pm
I see the US stocks in freefall thread and the bonds in freefall thread. Where is the everything is in freefall thread? :oops:
Your Internet service will likely have already been disrupted by the time that thread would become relevant. :wink:
by MJW
Thu Oct 04, 2018 2:03 pm
Forum: Personal Consumer Issues
Topic: Black suit with dark brown shoes?
Replies: 59
Views: 3936

Re: Black suit with dark brown shoes?

If you care enough to ask this question, you already know what the right answer is. +1 Bring some black shoes. Exactly. You really have two choices: 1) Be "that guy" and not care what people think and be willing to commit to that mindset. 2) Dress appropriately for the occasion. It's work-related a...
by MJW
Wed Sep 26, 2018 12:17 pm
Forum: Personal Finance (Not Investing)
Topic: What is the sentence for laminating a Medicare Card?
Replies: 38
Views: 8423

Re: What is the sentence for laminating a Medicare Card?

All of your investments must be managed by Edward Jones for the remainder of your days. Repeat offense will result in EJ management for your heirs, as well.