Search found 203 matches

by jibantik
Mon Nov 04, 2019 1:39 pm
Forum: Personal Consumer Issues
Topic: Less expensive alternative to Soda Stream for home-made / "no name" Cola?
Replies: 10
Views: 668

Re: Less expensive alternative to Soda Stream for home-made / "no name" Cola?

Here's one way of looking at it. Soda is super cheap, like a buck for 2 liters. So, either it's a marginal cost already, or you are drinking enough soda where it is not. However, in the latter case, the price will still be marginal in terms of health care costs associated with drinking that much sod...
by jibantik
Mon Oct 21, 2019 7:45 pm
Forum: Investing - Theory, News & General
Topic: Buying after PR Crisis [Public Relations Crisis (Boeing 737 Max)]
Replies: 65
Views: 5868

Re: Buying after PR Crisis [Public Relations Crisis (Boeing 737 Max)]

David Jay wrote:
Fri Oct 11, 2019 12:23 pm
One of my very first posts on BH received this response (which I pass on for your contemplation):

What knowledge do you have that the market does not already know?
+1.

Now say that 5 times and repeat it to everyone on here who refuses to invest in international.
by jibantik
Fri Oct 18, 2019 10:44 pm
Forum: Investing - Theory, News & General
Topic: Artificial Intelligence and the stock market
Replies: 65
Views: 6543

Re: Artificial Intelligence and the stock market

I don't think the first point is clear at all. In fact, I'd say it's unlikely the case without some radically new techniques or technology advances. The second point I 100% agree with. I suppose it is debateable but look at what they have done in 2 years. They go from playing a crippled 1 player ga...
by jibantik
Thu Oct 17, 2019 11:54 pm
Forum: Investing - Theory, News & General
Topic: Artificial Intelligence and the stock market
Replies: 65
Views: 6543

Re: Artificial Intelligence and the stock market

It some extent we are arguing about a minor point. It is pretty clear that given time and computer power, you can use this technique to make a DOTA bot that is unbeatable. Might take another 5 years of learning but that will be the end result. You can look at every time the best humans lose to a ma...
by jibantik
Thu Oct 17, 2019 10:05 pm
Forum: Investing - Theory, News & General
Topic: Artificial Intelligence and the stock market
Replies: 65
Views: 6543

Re: Artificial Intelligence and the stock market

Do either of you play Go? It is a sincere question, because I think you are vastly underestimating the complexity of the game. I thought it looked simple too until I started playing. Has Google really put the same amount of effort it put into defeating Go grandmaster Ke Jie, toward defeating one of...
by jibantik
Sat Oct 12, 2019 9:05 pm
Forum: Investing - Theory, News & General
Topic: Artificial Intelligence and the stock market
Replies: 65
Views: 6543

Re: Artificial Intelligence and the stock market

Do either of you play Go? It is a sincere question, because I think you are vastly underestimating the complexity of the game. I thought it looked simple too until I started playing. Has Google really put the same amount of effort it put into defeating Go grandmaster Ke Jie, toward defeating one of...
by jibantik
Thu Oct 10, 2019 9:28 pm
Forum: Investing - Theory, News & General
Topic: Artificial Intelligence and the stock market
Replies: 65
Views: 6543

Re: Artificial Intelligence and the stock market

Imagine someone looking above your head as if you were a 6th grader and they were a college kid. Now imagine someone looking at that college kid the same way, and then someone looking at that guy like he was as sixth grader. That's about the strength of AI right now with respect to chess. I anticip...
by jibantik
Thu Oct 10, 2019 7:03 pm
Forum: Investing - Theory, News & General
Topic: Artificial Intelligence and the stock market
Replies: 65
Views: 6543

Re: Artificial Intelligence and the stock market

My prediction: the market will continue to return market returns, therefore I will continue to achieve market returns. AI or not, people will always think they can beat the market, but they will fail, simple mathematical fact. The croupiers, the men in the middle, will continue to smile cause up, do...
by jibantik
Mon Sep 23, 2019 4:44 pm
Forum: Personal Investments
Topic: VTIAX International fund - should I give up on it?
Replies: 297
Views: 27165

Re: VTIAX International fund - should I give up on it?

Too bad Bogle was a pseudo-Boglehead :confused This is not a religion with some tests of purity of belief in some dogma. If something doesn't work, it doesn't work. The strategy is motivated by its performance, not some doctrine which is detached from that. It’s not the strategy that’s failing, it’...
by jibantik
Sat Sep 21, 2019 7:55 pm
Forum: Personal Investments
Topic: VTIAX International fund - should I give up on it?
Replies: 297
Views: 27165

Re: VTIAX International fund - should I give up on it?

The default, null position is to hold market weight. To speculate against that places the burden of proof on YOU. The issue here is that you have a lot of people who speculate into heavily or fully weighting US for two reasons: (1) performance chasing (2) American exceptionalism bias. You have peopl...
by jibantik
Mon Sep 16, 2019 6:34 pm
Forum: Personal Consumer Issues
Topic: New iPhone on sale for $599.99
Replies: 52
Views: 4121

Re: New iPhone on sale for $599.99

People who tout that the price is justified because the device is long lasting may want to watch this video: https://www.youtube.com/watch?v=_XneTBhRPYk This is the type of company who will invent a different type of screw solely to make the device harder to repair to "encourage" people to buy new d...
by jibantik
Mon Sep 16, 2019 4:21 pm
Forum: Personal Consumer Issues
Topic: New iPhone on sale for $599.99
Replies: 52
Views: 4121

Re: New iPhone on sale for $599.99

runner3081 wrote:
Mon Sep 16, 2019 8:55 am
That is so much money for a cell phone. Doesn't seem worth it at all.
If you think that is a lot (so do I), you should see how much they are selling a monitor stand for :mrgreen:

Image
by jibantik
Mon Sep 09, 2019 2:34 pm
Forum: Investing - Theory, News & General
Topic: 5% Withdrawal Rate Recommended by US News Columnist
Replies: 141
Views: 11970

Re: 5% Withdrawal Rate Recommended by US News Columnist

8% is fine if you can get a guaranteed return of 12% with Dave Ramsey's "smart"vestor pros :P
by jibantik
Fri Sep 06, 2019 1:10 pm
Forum: Personal Consumer Issues
Topic: Mensa membership
Replies: 90
Views: 7402

Re: Mensa membership

Teague wrote:
Fri Sep 06, 2019 12:53 pm
Interesting. You spend $40 to take a test that, if you pass, allows you to spend another $70 to join a club comprised of folks that have also given away $110. And, you each pay $70 annually to show that you remain as wise as ever.
Whoever created it sounds likes a... genius 8-)
by jibantik
Fri Sep 06, 2019 12:59 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 12340
Views: 2126679

Re: U.S. stocks in free fall

I never thought I would do this, but I sold the last of my VXUS yesterday. After holding int'l funds for probably 25 years, I now have no devoted int'l funds and have sided with Jack Bogle on this. Because we cannot see what the future brings, there is no hard-core evidence for either argument. I'v...
by jibantik
Fri Sep 06, 2019 9:58 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 12340
Views: 2126679

Re: U.S. stocks in free fall

I never thought I would do this, but I sold the last of my VXUS yesterday. After holding int'l funds for probably 25 years, I now have no devoted int'l funds and have sided with Jack Bogle on this. Because we cannot see what the future brings, there is no hard-core evidence for either argument. I'v...
by jibantik
Thu Sep 05, 2019 9:49 pm
Forum: Personal Consumer Issues
Topic: There's a Boglehead on Judge Judy today. [TV show]
Replies: 18
Views: 3888

Re: There's a Boglehead on Judge Judy today. [TV show]

tony_roach wrote:
Thu Sep 05, 2019 8:16 pm
Found the clip and the Vanguard love as well as the Judge Judy response are priceless....just in case the link doesn't work you want to go to 16:33 on the video

https://youtu.be/zKZzgvkCE-M?t=993
LMAO :sharebeer
by jibantik
Thu Sep 05, 2019 7:51 pm
Forum: Personal Consumer Issues
Topic: There's a Boglehead on Judge Judy today. [TV show]
Replies: 18
Views: 3888

Re: There's a Boglehead on Judge Judy today. [TV show]

cmon, how about a description, a clip, SOMETHING
by jibantik
Mon Sep 02, 2019 5:45 pm
Forum: Investing - Theory, News & General
Topic: 3 fund people how are you feeling?
Replies: 112
Views: 13375

Re: 3 fund people how are you feeling?

PSA: if you aren't holding market cap you are tilted.
by jibantik
Tue Aug 27, 2019 6:49 pm
Forum: Personal Consumer Issues
Topic: Mouse invasion!
Replies: 68
Views: 4271

Re: Mouse invasion!

Take care of the mouse problem fast, or you may get something else to take care of it for you. And the thing that takes care of a mouse problem is not something that is pleasant to find in your house, as harmless as it may be. I found snap traps to be effective. Got the mice as well as the snake tha...
by jibantik
Mon Aug 26, 2019 5:23 pm
Forum: Personal Investments
Topic: VTIAX International fund - should I give up on it?
Replies: 297
Views: 27165

Re: VTIAX International fund - should I give up on it?

Like many, I have an international fund in my portfolio for diversification. Unfortunately, it seems like this play does nothing but consistently bring the rest of my portfolio down. What are your thoughts on VTIAX? After recent event it's pretty much given back all gains for the year and it seems ...
by jibantik
Sat Aug 24, 2019 11:43 pm
Forum: Personal Finance (Not Investing)
Topic: White collars- How much is your work downtime?
Replies: 203
Views: 17644

Re: White collars- How much is your work downtime?

I am not surprised at the amounts of downtime listed here, but I am surprised that people want less downtime at work.... what? Why do you WANT to be busy at work 100% of the time? If you have no work to do, that is great. Just chill and browse the internet. Not working is cool. But if I'm getting p...
by jibantik
Sat Aug 24, 2019 6:51 pm
Forum: Personal Finance (Not Investing)
Topic: White collars- How much is your work downtime?
Replies: 203
Views: 17644

Re: White collars- How much is your work downtime?

I am not surprised at the amounts of downtime listed here, but I am surprised that people want less downtime at work.... what? Why do you WANT to be busy at work 100% of the time? If you have no work to do, that is great. Just chill and browse the internet. Not working is cool. But if I'm getting p...
by jibantik
Sat Aug 24, 2019 3:00 pm
Forum: Personal Finance (Not Investing)
Topic: White collars- How much is your work downtime?
Replies: 203
Views: 17644

Re: White collars- How much is your work downtime?

I am not surprised at the amounts of downtime listed here, but I am surprised that people want less downtime at work.... what? Why do you WANT to be busy at work 100% of the time? If you have no work to do, that is great. Just chill and browse the internet.
by jibantik
Mon Aug 19, 2019 6:24 pm
Forum: Personal Investments
Topic: 23-Year-Old: Question About Portfolio
Replies: 7
Views: 609

Re: 23-Year-Old: Question About Portfolio

25% is WAYYYYY to high for play money in individual stocks. At your age, money is so valuable because you have so many years of compounding ahead of you. Don't throw it away by playing with individual stocks.
by jibantik
Fri Aug 16, 2019 4:13 pm
Forum: Personal Consumer Issues
Topic: Kindergarten lunches
Replies: 59
Views: 4679

Re: Kindergarten lunches

Wait, whats the deal with peanut butter? I used to eat it all the time. Not allowed anymore?
by jibantik
Wed Aug 14, 2019 6:18 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 12340
Views: 2126679

Re: U.S. stocks in free fall

Prediction: Nobody knows nothing. 8-)
by jibantik
Wed Aug 14, 2019 11:48 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 12340
Views: 2126679

Re: U.S. stocks in free fall

I know market timing is stupid, but I've been at my 1st job now for 1.5 years and it's felt like my portfolio has been spinning the wheels with the rest of the market. I've got a 401(k) and Roth with about even funds 85/15. Does anyone here think I need to move out of stocks until the big drop happ...
by jibantik
Mon Aug 12, 2019 7:33 pm
Forum: Personal Consumer Issues
Topic: Anyone been to a Kevin O'Leary event???
Replies: 22
Views: 3457

Re: Anyone been to a Kevin O'Leary event???

yangtui wrote:
Mon Aug 12, 2019 5:25 pm
sounds like a marketing/sales scam.
and for that reason, I'm out. :mrgreen:
by jibantik
Sat Aug 10, 2019 1:17 pm
Forum: Personal Investments
Topic: thoughts on international funds
Replies: 67
Views: 4943

Re: Thoughts on international funds

Has anyone on this forum ever seen a good argument as to why we should deviate from the null position (investing at market weight) to slice and dice. The only arguments I see people bring up are based on past performance , american exceptionalism bias, and sometimes anecdotes of people who went to ...
by jibantik
Fri Aug 09, 2019 7:45 pm
Forum: Personal Investments
Topic: thoughts on international funds
Replies: 67
Views: 4943

Re: thoughts on international funds

Stay the course. In case you've missed it, ... discussing what that course is: are you saying, 40% of equities into VXUS? Okay, got it. I agree. Stay the course! As Jack Bogle has said countless times “stay the course”. No one knows in advance what funds or asset class will work over the long term....
by jibantik
Wed Jul 31, 2019 9:57 pm
Forum: Investing - Theory, News & General
Topic: Why Mr. Bogle prefers U.S stocks
Replies: 241
Views: 18798

Re: Why Mr. Bogle prefers U.S stocks

Nothing says boglehead like people using past performance to slice and dice their equity holdings :oops:
by jibantik
Wed Jul 31, 2019 4:16 pm
Forum: Personal Consumer Issues
Topic: Beyond Meat Burger? Do you like?
Replies: 119
Views: 9288

Re: Beyond Meat Burger? Do you like?

Beyond meat is a good veggie burger, but there is no doubt you are eating a veggie burger. Impossible burger is almost good enough to trick you.
by jibantik
Tue Jul 30, 2019 6:25 pm
Forum: Personal Investments
Topic: The new 1 fund portfolio
Replies: 57
Views: 8619

Re: The new 1 fund portfolio

Everyone suggesting that a 23yr old should hold 100% VTSAX instead of the global market (on a Bogleheads forum no less) should be absolutely ashamed of themselves. Very dangerous advice for someone with a 60 year investment horizon. I am sorry but you do not have a crystal ball that will tell you w...
by jibantik
Sun Jul 28, 2019 5:13 pm
Forum: Investing - Theory, News & General
Topic: Why Mr. Bogle prefers U.S stocks
Replies: 241
Views: 18798

Re: Why Mr. Bogle prefers U.S stocks

Well at least at point one its clearly laid out that we are dealing with American exceptionalism bias.
by jibantik
Sun Jul 28, 2019 11:09 am
Forum: Personal Investments
Topic: The new 1 fund portfolio
Replies: 57
Views: 8619

Re: The new 1 fund portfolio

Everyone suggesting that a 23yr old should hold 100% VTSAX instead of the global market (on a Bogleheads forum no less) should be absolutely ashamed of themselves. Very dangerous advice for someone with a 60 year investment horizon. I am sorry but you do not have a crystal ball that will tell you wh...
by jibantik
Sat Jul 27, 2019 7:45 pm
Forum: Personal Investments
Topic: The new 1 fund portfolio
Replies: 57
Views: 8619

Re: The new 1 fund portfolio

VTSAX. Why VTSAX over VTWAX? For a 23 year old U.S. investor, here's my recommendation: https://i.imgur.com/BPPcfIe.jpg Here's a comparison between the two funds (note that VT is the ETF version of VTWAX): M* Chart I am curious, what should be the takeaway of that chart? Are you suggesting that his...
by jibantik
Sat Jul 27, 2019 1:11 pm
Forum: Personal Investments
Topic: The new 1 fund portfolio
Replies: 57
Views: 8619

Re: The new 1 fund portfolio

VTWAX hands down. Buy the haystack.
by jibantik
Sat Jul 27, 2019 10:55 am
Forum: Personal Consumer Issues
Topic: Long commute: how to manage?
Replies: 110
Views: 7398

Re: Long commute: how to manage?

Audiobooks hands down. I actually look forward to my commutes if I have a good book going.
by jibantik
Wed Jul 24, 2019 10:26 am
Forum: Personal Finance (Not Investing)
Topic: Dogs and homeowners insurance company
Replies: 86
Views: 5504

Re: Dogs and homeowners insurance company

I find myself in the strange position of defending insurance companies. The explanation you give in second and third paragraphs is false. There is no scientific evidence that dog aggression toward humans varies systematically by breed. No US govt organization has found that. The ASPCA's recent land...
by jibantik
Mon Jul 22, 2019 8:17 pm
Forum: Personal Finance (Not Investing)
Topic: Dogs and homeowners insurance company
Replies: 86
Views: 5504

Re: Dogs and homeowners insurance company

I find myself in the strange position of defending insurance companies. Their decisions are statistically driven. I have a big maple tree near my house that my company wanted down. Statistics. I found another company. Recognizing the differences among breeds is not pseudoscience. It is genetics. Ju...
by jibantik
Sun Jul 21, 2019 4:01 pm
Forum: Personal Finance (Not Investing)
Topic: Dogs and homeowners insurance company
Replies: 86
Views: 5504

Re: Dogs and homeowners insurance company

If your dog does not have documented ancestry through a kennel club of belonging to a particular breed, then the dog is a mutt and you can truthfully say your dog is not one of the "dangerous" breeds. Good way around that since breed is not a scientific classification. Garbage in, garbage out :D. I...
by jibantik
Sun Jul 21, 2019 2:51 pm
Forum: Personal Finance (Not Investing)
Topic: Dogs and homeowners insurance company
Replies: 86
Views: 5504

Re: Dogs and homeowners insurance company

If your dog does not have documented ancestry through a kennel club of belonging to a particular breed, then the dog is a mutt and you can truthfully say your dog is not one of the "dangerous" breeds. Good way around that since breed is not a scientific classification. Garbage in, garbage out :D.
by jibantik
Sat Jul 20, 2019 7:32 pm
Forum: Personal Investments
Topic: Gold?
Replies: 137
Views: 8149

Re: Gold?

willthrill81 wrote:
Sat Jul 20, 2019 4:46 pm
jibantik wrote:
Sat Jul 20, 2019 4:32 pm
Gold is not an investment. And I wouldn't keep it for catastrophic events either because in those events of rather have food and water.
Gold, food, and water are not mutually exclusive.
With my income and my retirement goals, they are for me.
by jibantik
Sat Jul 20, 2019 7:28 pm
Forum: Personal Investments
Topic: Gold?
Replies: 137
Views: 8149

Re: Gold?

by jibantik
Sat Jul 20, 2019 4:32 pm
Forum: Personal Investments
Topic: Gold?
Replies: 137
Views: 8149

Re: Gold?

Gold is not an investment. And I wouldn't keep it for catastrophic events either because in those events of rather have food and water.
by jibantik
Thu Jul 18, 2019 8:58 am
Forum: Personal Finance (Not Investing)
Topic: Explaining the magic of compound interest to teenagers
Replies: 107
Views: 6392

Re: Explaining the magic of compound interest to teenagers

Exponential growth is extremely hard to get an intuitive sense of. That is why advisors can charge 1-2% fees, which can end up losing you over 50% of your total retirement savings, because the 1-2% _seems_ small. To see how unintuitive exponential growth is for our minds, one interesting thing you c...
by jibantik
Sun Jul 14, 2019 7:47 pm
Forum: Personal Finance (Not Investing)
Topic: No A/C in Office [not a safe work environment]
Replies: 86
Views: 8381

Re: No A/C in Office [not a safe work environment]

Just start de-layering. At a certain point I am sure you will be permitted to go home :D
by jibantik
Tue Jul 09, 2019 2:52 pm
Forum: Personal Investments
Topic: 34yo, baby on way, leaving expensive financial advisor... Please Help!
Replies: 27
Views: 2780

Re: 34yo, baby on way, leaving expensive financial advisor... Please Help!

Just want to say congratulations to OP. By dropping your advisor who charges insane fees, you will be saving around 50% of your total lifetime returns. Best decision you will ever make :sharebeer https://docs.google.com/spreadsheets/d/1e84iEblhPhdtWuOCR25v1M96ug6IHwGU8FelxJ8M-vY/pubchart?oid=8531810...