Search found 1407 matches

by Scott S
Thu Oct 25, 2018 1:13 pm
Forum: Investing - Theory, News & General
Topic: Is emerging markets investable?
Replies: 51
Views: 2990

Re: Is emerging markets investable?

there's a massive amount of insider trading (which is treated as normal and not prosecuted at large), the investor protection and supervision on companies is insufficient, and there are a lot of problematic state owned enterprises that ipo despite of their performance. The same could be said of the...
by Scott S
Wed Oct 24, 2018 4:21 pm
Forum: Investing - Help with Personal Investments
Topic: What if we sat out the market every October? (only half joking)
Replies: 7
Views: 1047

Re: What if we sat out the market every October? (only half joking)

Don't forget tax penalties from cashing out any stocks in taxable accounts every year. Sounds like a terrible idea.
by Scott S
Wed Oct 24, 2018 11:00 am
Forum: Investing - Theory, News & General
Topic: 'Smart money' bailing on the market, time to get out?
Replies: 92
Views: 12374

Re: 'Smart money' bailing on the market, time to get out?

Ok, I’ll go ahead and say it and people can make fun of me... I do believe the current weakness in the market is likely the top of the almost 10 year bull market. As stupid as this sounds, it „feels‘ very much like 2008. So yes, if people let stocks run their course and didn‘t rebalance back to the...
by Scott S
Tue Oct 16, 2018 9:43 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Prepare For The Bear
Replies: 74
Views: 10078

Re: Larry Swedroe: Prepare For The Bear

So after this 10 year bull (and 10 years aging for all of us too), what sorts of steps, if any, have some people taken to prepare for a potential bear? 10 years is a substantial portion of both one’s accumulation phase and of one’s investing lifetime. Dave Over the last ten years, my AA has gone fr...
by Scott S
Tue Oct 16, 2018 9:30 am
Forum: Personal Finance (Not Investing)
Topic: When to stop putting money into an older vehicle
Replies: 90
Views: 6475

Re: When to stop putting money into an older vehicle

https://blog.mercuryinsurance.com/auto/how-long-should-i-keep-my-car-safety-reasons/ This insurance company website hints that cars more than 6-8 years old have safety issues. Not sure how you're getting that. Here's what they actually say: If you drive a vehicle that is more than six to eight year...
by Scott S
Mon Oct 15, 2018 11:55 pm
Forum: Personal Finance (Not Investing)
Topic: When to stop putting money into an older vehicle
Replies: 90
Views: 6475

Re: When to stop putting money into an older vehicle

My last car circa 2006 did not have stability control. I purchased a newer model which does have it. It also had AWD given that we like in Northeast, which again my prior car did not have. These two things I would say were pretty important considerations and were big reason why I upgraded. Regardin...
by Scott S
Mon Oct 15, 2018 3:21 pm
Forum: Personal Consumer Issues
Topic: Boglehead's Car Talk
Replies: 35
Views: 3477

Re: Boglehead's Car Talk

This thread is fun.

"I've driven the car."

"Yeah, but have you read the reviews??"

:sharebeer
by Scott S
Mon Oct 15, 2018 2:34 pm
Forum: Personal Consumer Issues
Topic: Boglehead's Car Talk
Replies: 35
Views: 3477

Re: Boglehead's Car Talk

Probably cross the Cross-trek off your list. I repeatedly read that they are slow and small. My sister-in-law owns one, and I've driven it. I was pleasantly surprised by the pep of that little 2.0L -- it actually puts out more horsepower than the 2.2L in my '96 Outback. If a family of four thinks i...
by Scott S
Mon Oct 15, 2018 2:10 pm
Forum: Personal Consumer Issues
Topic: Boglehead's Car Talk
Replies: 35
Views: 3477

Re: Boglehead's Car Talk

Probably cross the Cross-trek off your list. I repeatedly read that they are slow and small. My sister-in-law owns one, and I've driven it. I was pleasantly surprised by the pep of that little 2.0L -- it actually puts out more horsepower than the 2.2L in my '96 Outback. If a family of four thinks i...
by Scott S
Mon Oct 15, 2018 1:09 pm
Forum: Personal Consumer Issues
Topic: Boglehead's Car Talk
Replies: 35
Views: 3477

Re: Boglehead's Car Talk

Probably cross the Cross-trek off your list. I repeatedly read that they are slow and small. My sister-in-law owns one, and I've driven it. I was pleasantly surprised by the pep of that little 2.0L -- it actually puts out more horsepower than the 2.2L in my '96 Outback. If a family of four thinks i...
by Scott S
Mon Oct 15, 2018 11:52 am
Forum: Personal Consumer Issues
Topic: Boglehead's Car Talk
Replies: 35
Views: 3477

Re: Boglehead's Car Talk

RootSki wrote:
Sun Oct 14, 2018 9:24 pm
Life is too short to drive boring cars.
Oh, I dunno. Lots of millionaires drive boring cars like Honda Accords and Toyota Camrys. ;)
by Scott S
Mon Oct 15, 2018 10:00 am
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Prepare For The Bear
Replies: 74
Views: 10078

Re: Larry Swedroe: Prepare For The Bear

It seems to me that a Boglehead should always be prepared for the bear. :moneybag
by Scott S
Mon Oct 15, 2018 9:48 am
Forum: Investing - Theory, News & General
Topic: Correlation between the FIRE movement and one of the greatest bull markets
Replies: 158
Views: 13998

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

Thanks for that link. It's interesting indeed to see how quickly Suze changed her tune. She wasn't listening to what Paula was saying at all on the Afford Anything episode, but all of the negative feedback may have convinced her to take a second look at FIRE. I still think that her insistence that ...
by Scott S
Sun Oct 14, 2018 1:18 am
Forum: Investing - Help with Personal Investments
Topic: $50,000: Should I buy now or wait for the market to drop further?
Replies: 43
Views: 7132

Re: $50,000: Should I buy now or wait for the market to drop further?

I would buy bonds immediately . Don't try to guess what the market will do, just formulate a sensible plan, act on it, and stick with it. :sharebeer Ah, yes, well,...but that's the kicker...no plan or strategy yet for how to get those bonds up. Tossing cash into VTSAX has been so straight forward t...
by Scott S
Sun Oct 14, 2018 1:10 am
Forum: Personal Finance (Not Investing)
Topic: “$1000/month job is worth $300k in retirement funds” // What are some retirement jobs you would actually enjoy doing?
Replies: 103
Views: 9966

Re: “$1000/month job is worth $300k in retirement funds” // What are some retirement jobs you would actually enjoy doing

I'm curious what precipitated this thread. The quote makes it sound like it came from an article or thread somewhere, but no link was provided. Nevertheless, after reading some of the math, it's good to be reminded that it doesn't take much income to stretch your retirement savings further if need b...
by Scott S
Sun Oct 14, 2018 12:57 am
Forum: Investing - Help with Personal Investments
Topic: $50,000: Should I buy now or wait for the market to drop further?
Replies: 43
Views: 7132

Re: $50,000: Should I buy now or wait for the market to drop further?

Hello all, Currently we have an AA of 90/10, with all of the bonds being in Wellington. The goal is going 80/20 or 70/30 in the next few years when we get closer to military retirement. We have just received $50,000. I was going to start buying more bonds in the next 6 months but as the stock price...
by Scott S
Thu Oct 11, 2018 12:31 am
Forum: Personal Consumer Issues
Topic: What the heck is growing in my yard?
Replies: 71
Views: 6015

Re: What the heck is growing in my yard?

"All fungi are edible. Some fungi are not edible more than once." -- Terry Pratchett
by Scott S
Thu Oct 11, 2018 12:20 am
Forum: Personal Consumer Issues
Topic: Subaru: Crosstrek or Outback?
Replies: 81
Views: 5956

Re: Subaru: Crosstrek or Outback?

Speaking as a happy Outback owner, I'll cast another vote for the Outback over the Crosstrek. My sister-in-law has a Crosstrek, and we all think it's a nice car, but Outbacks have a definite edge in cargo space. I can fold down the rear seat and lay down a whole bicycle in mine without taking any wh...
by Scott S
Fri Oct 05, 2018 12:33 pm
Forum: Investing - Theory, News & General
Topic: Correlation between the FIRE movement and one of the greatest bull markets
Replies: 158
Views: 13998

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

Is there any correlation between the FIRE movement and the one of the longest/greatest bull markets in recent history? Would this movement have gained as much traction if not for this bull market? What happens to this movement if there is a prolonged retraction of the current bull market? When I re...
by Scott S
Thu Oct 04, 2018 12:22 am
Forum: Investing - Theory, News & General
Topic: Climate Change Investment Strategy
Replies: 11
Views: 1288

Re: Climate Change Investment Strategy

Mostly, I would just make sure I live well up the hill from the river.

IBTL. :beer
by Scott S
Wed Oct 03, 2018 11:48 pm
Forum: Investing - Theory, News & General
Topic: Is an emergency fund just about market timing?
Replies: 103
Views: 5801

Re: Is an emergency fund just about market timing?

And as JoMoney points out, the stock market has no obligation to be open during your emergency. ;) Neither do banks or credit cards, so I'm unclear what options people are suggesting? Keeping six months in cash in a safe in the house? I can use my credit card or debit card *right now* Credit cards ...
by Scott S
Wed Oct 03, 2018 12:51 pm
Forum: Investing - Theory, News & General
Topic: Is an emergency fund just about market timing?
Replies: 103
Views: 5801

Re: Is an emergency fund just about market timing?

And as JoMoney points out, the stock market has no obligation to be open during your emergency. ;) Neither do banks or credit cards, so I'm unclear what options people are suggesting? Keeping six months in cash in a safe in the house? I can use my credit card or debit card *right now* if the bank i...
by Scott S
Tue Oct 02, 2018 11:27 pm
Forum: Investing - Theory, News & General
Topic: Is an emergency fund just about market timing?
Replies: 103
Views: 5801

Re: Is an emergency fund just about market timing?

Methinks a lot of people around here haven't actually read the definition of an emergency fund: https://www.bogleheads.org/wiki/Emergency_fund It's a pile of money that you can access any day, RIGHT NOW for emergencies, that won't suddenly shrink by 50% when you need it most. There may be behavioral...
by Scott S
Wed Mar 07, 2018 5:28 pm
Forum: Investing - Help with Personal Investments
Topic: Ok fellow bogleheads, was the correction scary or nothing?
Replies: 147
Views: 12285

Re: Ok fellow bogelheads, was the correction scary or nothing?

I wasn't scared by what happened. I'm scared about what could happen. The big gains of 2017 seem like irrational exuberance to me. Now the reality is settling in, or starting to. I expect markets to remain flat, or lose any near-term gains they make and perhaps more over the next year or two. I thi...
by Scott S
Wed Mar 07, 2018 2:16 pm
Forum: Investing - Theory, News & General
Topic: What's that smell?
Replies: 41
Views: 6856

Re: What's that smell?

Sometimes staying the course requires holding your nose. :beer
by Scott S
Wed Mar 07, 2018 12:23 am
Forum: Investing - Help with Personal Investments
Topic: $150K to invest
Replies: 12
Views: 2066

Re: $150K to invest

With a $50k emergency fund, I'd just throw the whole $150k into VTSAX and call it a day. :sharebeer
by Scott S
Tue Mar 06, 2018 11:52 pm
Forum: Personal Consumer Issues
Topic: New Zealand - Bucket list trip
Replies: 34
Views: 3781

Re: New Zealand - Bucket list trip

I've only been to the north island, back in 2010. Wonderful place, really friendly and nice people, lots of varied terrain.

I'd move there in a heartbeat. :beer
by Scott S
Sun Mar 04, 2018 6:54 pm
Forum: Investing - Theory, News & General
Topic: Is Now the Time to Reduce Bond Duration?
Replies: 41
Views: 4900

Re: Is Now the Time to Reduce Bond Duration?

I plan to be invested in bonds for the next 60 years or so. Duration is not a worry for me.
by Scott S
Sun Mar 04, 2018 6:16 pm
Forum: Investing - Help with Personal Investments
Topic: Better total bond fund?
Replies: 7
Views: 1502

Re: Better total bond fund?

Looking at the Schwab and Vanguard funds, they hold at least 50% in maturities 7 years or more. Is there a fund that has more weight towards intermediate and short with less LT exposure that still has a low ER? Or would it be better to build your own? Not sure what Schwab has available with no fees...
by Scott S
Fri Mar 02, 2018 4:56 pm
Forum: Investing - Help with Personal Investments
Topic: Should I bite the bullet and invest in this market?
Replies: 86
Views: 10676

Re: Should I bite the bullet and invest in this market?

Don't do a thing until you read the latest letter from the Oracle of Omaha. My signature applies, y gracias por leer / cfs Is there anything actionable in that 17-page letter? I don't see anything there that's actual investment advice for the masses (other than active funds always lose, evidenced b...
by Scott S
Tue Feb 06, 2018 10:34 am
Forum: Investing - Help with Personal Investments
Topic: Buy Low, Don't Sell
Replies: 38
Views: 6155

Re: Buy Low, Don't Sell

Always buying... it's always "low" relative to where I expect it will be 10 years from now. +1. When I started down the path toward becoming a Boglehead, I happened upon this article from Motley Fool that really inspired my attitude toward the whole thing: You Missed the Best Day to Buy :beer
by Scott S
Mon Feb 05, 2018 10:29 pm
Forum: Investing - Help with Personal Investments
Topic: Rebalance after today's drop?
Replies: 32
Views: 5123

Re: Rebalance after today's drop?

I was getting a bit stock heavy and this correction took care of it. Another couple 1,000 point drops and I might actually have to do something. Same here. I've had to rebalance so much over the last year, it's a relief that my AA is on track of its own accord and I don't have to do anything. :shar...
by Scott S
Tue Jan 16, 2018 12:23 am
Forum: Investing - Theory, News & General
Topic: Anyway to compare metrics of today w stock bubble in 2000
Replies: 26
Views: 2725

Re: Anyway to compare metrics of today w stock bubble in 2000

jayk238 wrote:
Mon Jan 15, 2018 8:41 pm
ex cons getting jobs
Are you against this?
by Scott S
Mon Jan 15, 2018 12:02 pm
Forum: Investing - Help with Personal Investments
Topic: 50/50 AA recommended by Benjamin Graham
Replies: 43
Views: 6327

Re: 50/50 AA recommended by Benjamin Graham

It's easy to scoff at Graham's advice as being overly conservative so many years into a great bull market, but I think there's a lot of wisdom to it. When you're young and your nest egg is small, you really should have some component of your portfolio that is safe in case something bad happens and y...
by Scott S
Sun Jan 14, 2018 1:33 pm
Forum: Investing - Theory, News & General
Topic: AA is much harder than I thought...
Replies: 45
Views: 5620

Re: AA is much harder than I thought...

I'm 33 and have only been in the markets about a year. I'm doing my best to learn from the masters -- my first investing read was Common Sense and I just finished The Four Pillars . Everything I have learned tells me that I should be buying bonds right now -- the 'trendiness' of 100% stocks (and th...
by Scott S
Thu Sep 01, 2016 8:48 pm
Forum: Personal Finance (Not Investing)
Topic: Using Roth rollover as bridge loan -- is this possible?
Replies: 5
Views: 998

Re: Using Roth rollover as bridge loan -- is this possible?

Postscript: the 401k loan came through in time, so I didn't need to test the Roth rollover idea. Thanks for all the input, folks! :sharebeer
by Scott S
Mon Aug 15, 2016 3:12 pm
Forum: Personal Finance (Not Investing)
Topic: Using Roth rollover as bridge loan -- is this possible?
Replies: 5
Views: 998

Re: Using Roth rollover as bridge loan -- is this possible?

I'd worry about getting caught on the 60 day window. You might be able to avoid that if the place you roll over to is into an IRA MM fund at your local bank, which you open before hand. How big a down-payment do you need? We could swing a 10% downpayment for anything we'd buy out of the first tier ...
by Scott S
Mon Aug 15, 2016 12:10 pm
Forum: Personal Finance (Not Investing)
Topic: Using Roth rollover as bridge loan -- is this possible?
Replies: 5
Views: 998

Using Roth rollover as bridge loan -- is this possible?

Hey folks, I did a search but didn't really find much related to what I have in mind: My wife and I are in the process of moving houses (we close on the new one Aug 31 and our current house is on the market.) The new one is significantly more money, but we both work and have savings. Since the curre...
by Scott S
Thu Mar 10, 2016 2:53 pm
Forum: Investing - Theory, News & General
Topic: New Yorker: Is Passive Investing Actively Hurting the Economy?
Replies: 36
Views: 6775

Re: New Yorker: Is Passive Investing Actively Hurting the Economy?

I'm new to the Boglehead investing philosophy, but have very much gotten on board after reading "The Bogleheads Guide To Investing" and another related book, "Millionaire Teacher". This article, despite the obvious bias it presents, does hit on a point that has been sticking in my mind: Would passi...
by Scott S
Thu Nov 12, 2015 5:59 pm
Forum: Investing - Theory, News & General
Topic: What's been up with TIP funds?
Replies: 26
Views: 3667

Re: What's been up with TIP funds?

Nobody seems to like it (especially abuss368) since it has been underperforming for the last few years, and some of the people who got into them excitedly early on are feeling embarrassed now. Contrarian indicator? Who knows. :wink: What are they underperforming? Well, other bond funds like VBMFX, ...
by Scott S
Thu Nov 12, 2015 12:57 pm
Forum: Investing - Theory, News & General
Topic: What's been up with TIP funds?
Replies: 26
Views: 3667

Re: What's been up with TIP funds?

I would agree. I am not on board with TIPS right now and this asset class appears to be out of favor. In addition, Vanguard is recommending Total Bond Index and Total International Bond Index. Best. What can it mean that an asset class is "out of favor"? That is not a property of asset classes that...
by Scott S
Thu Nov 12, 2015 11:45 am
Forum: Investing - Theory, News & General
Topic: Suggested Best Practices During A Rising Interest Rate Environment
Replies: 59
Views: 10079

Re: Suggested Best Practices During A Rising Interest Rate Environment

The only "action" I intend to take is to rebalance. If rising rates cause the NAV of my bond funds to go down (it would seem that this concern is being priced in now, but it's always hard to tell), I will buy more of them until I'm back at my target AA and continue not worrying about it. :sharebeer
by Scott S
Fri Mar 14, 2014 7:34 pm
Forum: Investing - Help with Personal Investments
Topic: Are 20 somethings handicapped bc of inflation and little SS?
Replies: 162
Views: 13599

Re: Are 20 somethings handicapped bc of inflation and little

This STEM guy is starting to feel guilty about not going to his (partially-employer-subsidized) gym more often...
by Scott S
Thu Mar 13, 2014 10:26 pm
Forum: Personal Consumer Issues
Topic: Any Subaru owners out there?
Replies: 53
Views: 6921

Re: Any Subaru owners out there?

Subaru engines had previously been regarded as bulletproof, so this was a ding to their reputation. When were Subaru engines regarded as bulletproof? I don't recall such a period... For example, oil leaks seemed to be a common issue with their bread-and-butter EA82 engines of the 80s/90s, and that'...
by Scott S
Thu Mar 13, 2014 10:23 pm
Forum: Personal Finance (Not Investing)
Topic: Did you retire in your 30s?
Replies: 93
Views: 13791

Re: Did you retire in your 30s?

...This helped the people I was talking with to learn something about me, which was likely their reason for asking about my job in the first place. As an exercise, try to meet someone new and find out about them without asking about what they do. I usually ask people what they do in their free time...
by Scott S
Thu Mar 13, 2014 9:54 pm
Forum: Investing - Help with Personal Investments
Topic: Are 20 somethings handicapped bc of inflation and little SS?
Replies: 162
Views: 13599

Re: Are 20 somethings handicapped bc of inflation and little

freddie wrote:A lot of state employees don't pay into SS so they don't get enough credits for a benefit. Instead their 12% goes towards the pension. Most of the time it is a much better deal.
Ahh, thank you!
by Scott S
Thu Mar 13, 2014 9:26 pm
Forum: Personal Consumer Issues
Topic: Used $35k Porsche on $64k income?
Replies: 95
Views: 9930

Re: Used $35k Porsche on $64k income?

Don't worry folks, the OP of this thread appears to be a sensible guy. ;) Bought a 2001 Outback with 60k for $5000. Great deal, and going strong! When it comes to car budgets, I read somewhere that most millionaires drive a car that amounts to no more than 2-3% of their net worth. I think that's a d...
by Scott S
Wed Mar 12, 2014 6:56 pm
Forum: Investing - Theory, News & General
Topic: What If Long-Term Thinking Really Catches On?
Replies: 21
Views: 2829

Re: What If Long-Term Thinking Really Catches On?

Long-term thinking and acceptance of being average is so against human nature that I don't expect demand for active investing to ever go away completely.
by Scott S
Wed Mar 12, 2014 5:12 pm
Forum: Investing - Help with Personal Investments
Topic: Are 20 somethings handicapped bc of inflation and little SS?
Replies: 162
Views: 13599

Re: Are 20 somethings handicapped bc of inflation and little

In theory, yes, but this thread focuses on retirement issues. The workers are the ones who support the retirees. Well, issues facing the working and retirement life of today's 20-something. I'd like to think that these developments could have a silver lining for them -- if the worker pool shrinks, ...
by Scott S
Wed Mar 12, 2014 4:27 pm
Forum: Personal Consumer Issues
Topic: Any Subaru owners out there?
Replies: 53
Views: 6921

Re: Any Subaru owners out there?

For traction I budget $150/year for snow tires, and generally do fine in New England snow. Yikes, what tires do you use? I spent about $250-300 for the set of Firestone Winterforces on my Outback in 2010, and plan to get many more years out of them by using 3-seasons tires the rest of the year. (An...