Search found 88 matches

by BlackHat
Mon Dec 31, 2018 3:12 pm
Forum: Investing - Theory, News & General
Topic: Questions for the BH “All Stars”
Replies: 23
Views: 2147

Re: Questions for the BH “All Stars”

RE: #1 - The time it takes to open a brokerage account (or employer 401K). I will quote from”Neurosphere”, his signature line says: “ If you have to ask if a Target Date fund is right for you, it is ” Start there, then begin your continuing education program. Only leave your TD fund after you have ...
by BlackHat
Sat Dec 29, 2018 3:57 pm
Forum: Investing - Theory, News & General
Topic: Fidelity beating vanguard now? switch to Fidelity?
Replies: 25
Views: 2592

Re: Fidelity beating vanguard now? switch to Fidelity?

My thing has always been that vanguard is owned by the investors. That's what makes the little more expense ratio worth it.
by BlackHat
Sat Dec 22, 2018 12:18 pm
Forum: Investing - Theory, News & General
Topic: All the "should I be 100% stocks" threads over the last year.
Replies: 175
Views: 11964

Re: All the "should I be 100% stocks" threads over the last year.

I'm pretty comfortable with just VTSAX and enough cash that I sleep well at night. Compare that with my father who has a ton more safety and security than I do, who routinely sells out of the market because he gets freaked out.

Risk tolerance is highly personal and psychological.
by BlackHat
Sun Nov 11, 2018 5:39 pm
Forum: Investing - Theory, News & General
Topic: What's everyone currently in?
Replies: 93
Views: 8405

Re: What's everyone currently in?

I'm 100% in VTSAX.
by BlackHat
Mon Aug 27, 2018 2:51 pm
Forum: Investing - Theory, News & General
Topic: Warren Buffett invests in company in India
Replies: 4
Views: 728

Re: Warren Buffett invests in company in India

This isn't Warren exactly doing the investments. It's his protege and possibly successor Todd Combs who really is making the moves.
by BlackHat
Fri Aug 17, 2018 1:46 pm
Forum: Investing - Theory, News & General
Topic: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!
Replies: 1247
Views: 108671

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

bligh wrote:
Thu Aug 16, 2018 6:34 pm
9 pages in. I have to ask. Has a single person changed their position having read or participated in this thread? :shock: :oops:


:sharebeer
Nope. It seems to me like, "Nobody, Knows, Nothin."
by BlackHat
Mon Aug 06, 2018 8:11 pm
Forum: Investing - Theory, News & General
Topic: "Don't Obsess About Expense Ratios"
Replies: 240
Views: 22390

Re: "Don't Obsess About Expense Ratios"

I think it's the ownership style of Vanguard that keeps it more attractive than other companies. We technically own Vanguard because of the way it's structured. Fidelity isn't held to the same standard or has a similar structure.
by BlackHat
Mon Aug 06, 2018 5:10 pm
Forum: Investing - Theory, News & General
Topic: "Don't Obsess About Expense Ratios"
Replies: 240
Views: 22390

Re: "Don't Obsess About Expense Ratios"

He's so right. I'm almost afraid that this zero expense ratio thing might be a bait and switch.
by BlackHat
Sun Jul 08, 2018 10:32 am
Forum: Investing - Theory, News & General
Topic: International Questions and Benefit to Vanguard
Replies: 5
Views: 431

International Questions and Benefit to Vanguard

Hello Everybody, I have a few questions that may be a little strange or unfounded but certainly related to investing. I'm a 100% US investor for what it's worth. 1. Is the rise of international investing trying to make investing politically correct? For example, We can't bet that the United States i...
by BlackHat
Sun May 06, 2018 10:55 pm
Forum: Investing - Theory, News & General
Topic: What Percentage CASH are you?
Replies: 168
Views: 19330

Re: What Percentage CASH are you?

I am 25% cash right now. Everything else in my whole portfolio are equities.
by BlackHat
Sat May 05, 2018 9:54 am
Forum: Investing - Theory, News & General
Topic: Berkshire Hathaway Annual Meeting Today 5/5 - Yahoo Livestream
Replies: 23
Views: 2884

Re: Berkshire Hathaway Annual Meeting Today 5/5 - Yahoo Livestream

The Chinese man just asked if we need to go back to a WW2 situation. That made me a little uncomfortable.
by BlackHat
Tue Apr 10, 2018 3:04 pm
Forum: Investing - Theory, News & General
Topic: What is your AA, given your age? and, Why?
Replies: 163
Views: 16371

Re: What is your AA, given your age? and, Why?

1. Without quantifying your need/ability/willing to take risk and/or goals, what is your AA (Stock:Bond), given your age? and why? I'm 100:0. All Total US Stock Market for equity. I'm 24. I hold enough cash to allow me to sleep well at night which I believe is the only point of bonds. I take my risk...
by BlackHat
Wed Mar 21, 2018 12:53 pm
Forum: Investing - Theory, News & General
Topic: Do you Continue to invest even in down market??
Replies: 54
Views: 7370

Re: Do you Continue to invest even in down market??

I just buy all the time. Every payday until retirement.
by BlackHat
Sun Mar 11, 2018 9:39 am
Forum: Investing - Theory, News & General
Topic: Why International again?
Replies: 224
Views: 29060

Re: Why International again?

For those who hold zero international (ex-U.S.), I wonder--if you magically knew the returns of international would be higher than the U.S.--would you invest some money internationally. I wouldn't. I just love the United States and think we're better. I appreciate your honesty and have no doubt you...
by BlackHat
Sat Mar 10, 2018 5:51 pm
Forum: Investing - Theory, News & General
Topic: Why International again?
Replies: 224
Views: 29060

Re: Why International again?

fortyofforty wrote:
Sat Mar 10, 2018 4:15 pm
For those who hold zero international (ex-U.S.), I wonder--if you magically knew the returns of international would be higher than the U.S.--would you invest some money internationally.
I wouldn't. I just love the United States and think we're better.
by BlackHat
Mon Mar 05, 2018 4:38 pm
Forum: Investing - Theory, News & General
Topic: What is your investment strength?
Replies: 70
Views: 6189

Re: What is your investment strength?

Well, my family took great care of me growing up financially and emotionally. It put me in a position where I never need to worry about money. So I never have to peek. My father schooled me allot growing up on saving and frugality. So I am great at delaying gratification and choosing the cheaper opt...
by BlackHat
Sun Feb 25, 2018 9:54 pm
Forum: Investing - Theory, News & General
Topic: Warren Buffett Dislikes Bonds
Replies: 57
Views: 7474

Re: Warren Buffett Dislikes Bonds

He has t-bills because he's to rich to hold normal cash. It's his cash equivalent. He's said numerous times hold enough cash to feel comfortable and invest the rest in the S&P 500.
by BlackHat
Sun Feb 18, 2018 8:25 pm
Forum: Investing - Theory, News & General
Topic: Target Retirement Fund Question
Replies: 20
Views: 1918

Re: Target Retirement Fund Question

The problem with your question is that nobody can predict the future.As unlikely as it sounds,Vanguard may not even be here in 2060.I am 66 and setting up a plan for my RMD’s in 4 years and am thinking about all the things that could happen in that short span.Huge market crash,war,health issues,War...
by BlackHat
Sun Feb 18, 2018 1:04 pm
Forum: Investing - Theory, News & General
Topic: Target Retirement Fund Question
Replies: 20
Views: 1918

Re: Target Retirement Fund Question

Hello All, Can an investor rest assured that Vanguard in 2060 will be the same Vanguard we know today? The reason I ask is because I'm planning on moving all my money to a target retirement fund and just leaving it until about 2060. My concern is that Vanguard could change the way it operates or ma...
by BlackHat
Sun Feb 18, 2018 9:48 am
Forum: Investing - Theory, News & General
Topic: Target Retirement Fund Question
Replies: 20
Views: 1918

Re: Target Retirement Fund Question

Hello All, Can an investor rest assured that Vanguard in 2060 will be the same Vanguard we know today? This is a valid concern. In the past, Vanguard used to be in passive investing mode, but recently it has radically altered its approach, and now it wants to start actively managing and meddling in...
by BlackHat
Sat Feb 17, 2018 8:05 pm
Forum: Investing - Theory, News & General
Topic: Target Retirement Fund Question
Replies: 20
Views: 1918

Target Retirement Fund Question

Hello All, Can an investor rest assured that Vanguard in 2060 will be the same Vanguard we know today? The reason I ask is because I'm planning on moving all my money to a target retirement fund and just leaving it until about 2060. My concern is that Vanguard could change the way it operates or may...
by BlackHat
Tue Feb 13, 2018 1:18 pm
Forum: Investing - Theory, News & General
Topic: What's your U.S. : International ratio?
Replies: 213
Views: 41332

Re: What's your U.S. : International ratio?

TheNightsToCome wrote:
Tue Feb 13, 2018 12:55 pm
My equities allocation is 0% US, 100% international. That will change as relative valuations change.
Woah. Are you just in a Total International Index Fund?
by BlackHat
Mon Feb 12, 2018 10:55 pm
Forum: Investing - Theory, News & General
Topic: U.S. & International Allocation
Replies: 57
Views: 12827

Re: U.S. & International Allocation

That's supposedly how Jack Bogle set Vanguard up. I'm still not sold on international. Lots of the people who are selling you a product recommend international. Most people who offer free advice say you don't need international. Makes me wonder is all. :confused This post uses really flimsy "logic"...
by BlackHat
Mon Feb 12, 2018 9:00 pm
Forum: Investing - Theory, News & General
Topic: U.S. & International Allocation
Replies: 57
Views: 12827

Re: U.S. & International Allocation

I'm just genuinely curious. Does Vanguard have any incentive to shuttle people into international funds? Higher ER? This is not a reason since their funds operate at-cost. Welp, then I guess Vanguard is just looking out for us. Lovely! (I’m 50/50 regardless) That's supposedly how Jack Bogle set Van...
by BlackHat
Mon Feb 12, 2018 5:25 pm
Forum: Investing - Theory, News & General
Topic: Random conversations regarding money
Replies: 44
Views: 5457

Re: Random conversations regarding money

Last night I was at a gathering and found myself in a conversation regarding money and investing with another individual. He asked about what I invest in, etc and I told him, " mostly the US total stock market." He then proceeded to tell me how he only invests in physical gold bars, tax-deferred an...
by BlackHat
Mon Feb 12, 2018 5:10 pm
Forum: Investing - Theory, News & General
Topic: U.S. & International Allocation
Replies: 57
Views: 12827

Re: U.S. & International Allocation

I'm just genuinely curious.

Does Vanguard have any incentive to shuttle people into international funds?
by BlackHat
Mon Feb 12, 2018 12:23 pm
Forum: Investing - Theory, News & General
Topic: How does one emotionally keep it together during market swings?
Replies: 118
Views: 11439

Re: How does one emotionally keep it together during market swings?

You just have to ignore the news and accept the market return for what it is. If you can't change it, accept it.

Just remember that nothing is permanent until you sell.
by BlackHat
Sun Feb 11, 2018 9:55 pm
Forum: Investing - Theory, News & General
Topic: how did you determine your risk tolerance?
Replies: 138
Views: 9241

Re: how did you determine your risk tolerance?

Every year I think to myself about how much cash would I be willing to lose.

I then expand or deplete my cash savings depending on my decision. My decision is always based on me getting ten hours of sleep every night.
by BlackHat
Fri Feb 09, 2018 4:18 pm
Forum: Investing - Theory, News & General
Topic: Target Retirement -- US Market Correlation?
Replies: 8
Views: 1214

Re: Target Retirement -- US Market Correlation?

Very interesting.

Thank you everyone for the responses!
by BlackHat
Thu Feb 08, 2018 7:55 pm
Forum: Investing - Theory, News & General
Topic: Target Retirement -- US Market Correlation?
Replies: 8
Views: 1214

Target Retirement -- US Market Correlation?

Hello All, So, I'm just playing around on www.portfoliovisualizer.com and I noticed that the Vanguard Target Retirement Fund 2060 (VTTSX) had a US market correlation of .96. 1.Is that not a super high correlation? 2.Is addition international even helping all that much? 3.Or am I just looking at this...
by BlackHat
Thu Feb 01, 2018 3:24 pm
Forum: Investing - Theory, News & General
Topic: Anyone else cashing out on *some* of the crazy earnings?
Replies: 74
Views: 9426

Re: Anyone else cashing out on *some* of the crazy earnings?

Well, one of my New Year's resolution was to really take the time to access my risk tolerance. I'm only 24, so I've been extremely lucky with the bull market. So, on January 1st I purchased 15% bonds. So yeah I did cash out some of my fantastic gains. I realized that you don't need bonds until you N...
by BlackHat
Thu Jan 25, 2018 8:15 pm
Forum: Investing - Theory, News & General
Topic: Warren Buffett recommends putting 90% in S&P500 index fund, 10% in Bond index
Replies: 80
Views: 17317

Re: Warren Buffett recommends putting 90% in S&P500 index fund, 10% in Bond index

If I'm honest, I look at the US as being superior to other countries. I just think we're better and more special than other countries.
by BlackHat
Tue Jan 23, 2018 12:23 pm
Forum: Investing - Theory, News & General
Topic: Warren Buffett recommends putting 90% in S&P500 index fund, 10% in Bond index
Replies: 80
Views: 17317

Re: Warren Buffett recommends putting 90% in S&P500 index fund, 10% in Bond index

I'm following this portfolio. I'm 90% S&P 500 / 10% Short Term Treasuries.

I'm honestly loving it. When the stock market plummets generally treasuries go up. The S&P has plenty of international exposure and is as cheap as they come for fees.
by BlackHat
Sun Jan 21, 2018 4:30 pm
Forum: Investing - Theory, News & General
Topic: What's your U.S. : International ratio?
Replies: 213
Views: 41332

Re: What's your U.S. : International ratio?

I am 100% US.

Taking an active bet on American outperformance.
by BlackHat
Fri Jan 12, 2018 10:03 pm
Forum: Investing - Theory, News & General
Topic: How to see YTD% at Vanguard
Replies: 22
Views: 2503

Re: How to see YTD% at Vanguard

If you go the My Account drop down menu, there will be a personal performance option there.
by BlackHat
Thu Jan 04, 2018 9:48 am
Forum: Investing - Theory, News & General
Topic: Buffett wins his bet: S&P500 beats selected hedge funds over last 10 years
Replies: 45
Views: 7069

Re: Buffett wins his bet: S&P500 beats selected hedge funds over last 10 years

VictoriaF wrote:
Sun Dec 31, 2017 3:37 pm
Buffett and I did better than hedge funds in the past ten years.

Victoria
That's so awesome. You beat the professionals!
by BlackHat
Wed Jan 03, 2018 11:04 am
Forum: Personal Investments
Topic: Reinvest Dividends and Rebalancing?
Replies: 7
Views: 1198

Re: Reinvest Dividends and Rebalancing?

I would also advise you use SpecID in regards to cost basis. This will allow you (barring changes to the tax code) to sell your highest-price-paid shares down the line in the event you sell shares, thereby reducing capital gains taxes. Ah okay. Thank you. This is an advantage of having dividends se...
by BlackHat
Tue Jan 02, 2018 11:03 am
Forum: Personal Investments
Topic: Reinvest Dividends and Rebalancing?
Replies: 7
Views: 1198

Re: Reinvest Dividends and Rebalancing?

Chadnudj wrote:
Tue Jan 02, 2018 10:24 am
I would also advise you use SpecID in regards to cost basis. This will allow you (barring changes to the tax code) to sell your highest-price-paid shares down the line in the event you sell shares, thereby reducing capital gains taxes.
Ah okay. Thank you.
by BlackHat
Tue Jan 02, 2018 10:08 am
Forum: Personal Investments
Topic: Reinvest Dividends and Rebalancing?
Replies: 7
Views: 1198

Re: Reinvest Dividends and Rebalancing?

If the primary purpose of this $10k is for your emergency fund, you should treat it as separate from your other assets and not consider it when rebalancing. If the primary purpose of this $10k is to to reduce volatility in your taxable account (i.e. you want an 80/20 allocation instead of your curr...
by BlackHat
Mon Jan 01, 2018 9:55 pm
Forum: Personal Investments
Topic: Reinvest Dividends and Rebalancing?
Replies: 7
Views: 1198

Reinvest Dividends and Rebalancing?

Emergency Fund : Three Months Debt : None Tax Filing Status : Single Tax Rate : 15% Federal , 1.75% State State of Residence : NJ Age : 24 Current Retirement Assets Taxable Vanguard 500 Index Admiral Shares (VFIAX) (.04%) -- $44,923.95 His Roth IRA Vanguard 500 Index Admiral Shares (VFIAX) (.04%) -...
by BlackHat
Sun Dec 31, 2017 10:13 am
Forum: Investing - Theory, News & General
Topic: Jack Bogle and Vanguard’s $5,000,000,000,000 Question - Philadelphia Magazine
Replies: 41
Views: 7059

Re: Jack Bogle and Vanguard’s $5,000,000,000,000 Question - Philadelphia Magazine

Observations re Vanguard's new CEO are disturbing - a bad sign, IMHO. Can you please elaborate? I'm just curious. just finished the article. probably referring to this: “What to say about Tim?” Bogle tells me. “He gets things done. He’s very good on technology and all that. He, like all of us, stil...
by BlackHat
Sat Dec 30, 2017 10:12 am
Forum: Investing - Theory, News & General
Topic: Jack Bogle and Vanguard’s $5,000,000,000,000 Question - Philadelphia Magazine
Replies: 41
Views: 7059

Re: Jack Bogle and Vanguard’s $5,000,000,000,000 Question - Philadelphia Magazine

Small Law Survivor wrote:
Fri Dec 29, 2017 9:51 am
Observations re Vanguard's new CEO are disturbing - a bad sign, IMHO.
Can you please elaborate? I'm just curious.
by BlackHat
Wed Dec 20, 2017 8:15 pm
Forum: Investing - Theory, News & General
Topic: 2nd million is easier!
Replies: 123
Views: 27161

Re: 2nd million is easier!

Charlie Munger has said to focus on getting your first 100,000 grand and then everything else will come easier. I thought the first $100K was easy... One can just throw money at that and see it happen... Getting to $1 Million is not so easy... Once there it would see the ball starts rolling down hi...
by BlackHat
Wed Dec 20, 2017 6:22 pm
Forum: Personal Investments
Topic: Portfolio Advice -- Treasuries
Replies: 8
Views: 788

Re: Portfolio Advice -- Treasuries

This sounds like finding a place to park emergency cash. I think you could purchase some one year US Treasury Notes from your taxable brokerage account. An alternative is Ally's 11 month no penalty CD. My thing was that I also wanted to possibly use it to buy equities cheap. Also treasuries general...
by BlackHat
Wed Dec 20, 2017 5:04 pm
Forum: Investing - Theory, News & General
Topic: 2nd million is easier!
Replies: 123
Views: 27161

Re: 2nd million is easier!

Charlie Munger has said to focus on getting your first 100,000 grand and then everything else will come easier. I thought the first $100K was easy... One can just throw money at that and see it happen... Getting to $1 Million is not so easy... Once there it would see the ball starts rolling down hi...
by BlackHat
Wed Dec 20, 2017 3:47 pm
Forum: Personal Investments
Topic: Portfolio Advice -- Treasuries
Replies: 8
Views: 788

Re: Portfolio Advice -- Treasuries

Bonds generally are better held in a tax-advantaged account. That's how I understood it but then I saw in the bogleheads wiki that short term bonds are at the top of the tax efficient arrow. About my 401k. I am matching. I just don't make allot of money, maybe 30,000 a year. Gotcha. In the 15% brac...
by BlackHat
Wed Dec 20, 2017 1:28 pm
Forum: Personal Investments
Topic: Portfolio Advice -- Treasuries
Replies: 8
Views: 788

Re: Portfolio Advice -- Treasuries

oldcomputerguy wrote:
Wed Dec 20, 2017 12:22 pm
Bonds generally are better held in a tax-advantaged account.
That's how I understood it but then I saw in the bogleheads wiki that short term bonds are at the top of the tax efficient arrow.

About my 401k. I am matching. I just don't make allot of money, maybe 30,000 a year.
by BlackHat
Wed Dec 20, 2017 12:01 pm
Forum: Personal Investments
Topic: Portfolio Advice -- Treasuries
Replies: 8
Views: 788

Portfolio Advice -- Treasuries

Emergency Fund : Three Months Debt : None Tax Filing Status : Single Tax Rate : 15% Federal , 1.75% State State of Residence : NJ Age : 24 Current Retirement Assets Taxable Vanguard 500 Index Admiral Shares (VFIAX) (.04%) -- $44,914.87 His Roth IRA Vanguard 500 Index Admiral Shares (VFIAX) (.04%) --...