Search found 381 matches

by jibantik
Tue Jun 30, 2020 6:48 pm
Forum: Investing - Theory, News & General
Topic: My next move: 1 M in gold and 1 M in Zoom
Replies: 75
Views: 3730

Re: My next move: 1 M in gold and 1 M in Zoom

You got lucky betting on red so now you bet on black. I wish you luck on your path as you seem determined to eventually throw away your lucky winnings.
by jibantik
Tue Jun 30, 2020 8:56 am
Forum: Investing - Theory, News & General
Topic: Why not 100% PSLDX?
Replies: 275
Views: 25507

Re: Why not 100% PSLDX?

This forum has so many Jim Cramer lites. So many posts of speculators, market timers, people who don't care about fees, people who absurdly think past performance will predict future returns.

I'm starting to understand why so many people rely on SS in retirement.
by jibantik
Sun Jun 28, 2020 7:32 pm
Forum: Investing - Theory, News & General
Topic: Single Favorite Mutual Fund
Replies: 102
Views: 10134

Re: Single Favorite Mutual Fund

VTWAX

And if that isn't your answer you ain't a bolgehead
by jibantik
Wed Jun 24, 2020 2:14 pm
Forum: Personal Finance (Not Investing)
Topic: Odds we see 30 year mortgages at 2.0%
Replies: 14
Views: 2486

Re: Odds we see 30 year mortgages at 2.0%

I hope the odds are low because I don't want to refi again :D.

I am happy with my rate, but I won't be happy with it if I know people are getting 2% 30 year.
by jibantik
Sat Jun 20, 2020 4:06 pm
Forum: Personal Investments
Topic: How's my Asset Allocation? - 28 year old
Replies: 29
Views: 2220

Re: How's my Asset Allocation? - 28 year old

At your age go 100% VTWAX
by jibantik
Fri Jun 19, 2020 9:52 pm
Forum: Personal Investments
Topic: Ditching International
Replies: 274
Views: 15560

Re: Ditching International

Kind of sad to see abuss368's constant appeal to authority: "Jack and Warren said it!" You want us to speculate in the market because X and Y said so? So, because X and Y said it, we can magically price thousands of global companies decades into the future... really? SMH. The cognitive dissonance he...
by jibantik
Fri Jun 19, 2020 11:04 am
Forum: Personal Investments
Topic: Larry beats the S&P 500.
Replies: 126
Views: 10972

Re: Larry beats the S&P 500.

I am not worried about your personal choices. But having people on the forum, with high post counts, normalizing these bad behaviors sets a really bad example for people pass through for advice or just lurking. What is wrong with investing 10% of a portfolio in anything one wants? It satisfies an i...
by jibantik
Thu Jun 18, 2020 8:17 pm
Forum: Personal Investments
Topic: Larry beats the S&P 500.
Replies: 126
Views: 10972

Re: Larry beats the S&P 500.

It absolutely blows my mind that people on this forum, let alone someone with nearly 2k posts, are willing to choose a mutual fund PURELY on past performance. This kind of thing sets a terrible example for people coming to this board looking for advice. What I did is nothing compared to what others...
by jibantik
Thu Jun 18, 2020 2:29 pm
Forum: Personal Investments
Topic: Larry beats the S&P 500.
Replies: 126
Views: 10972

Re: Larry beats the S&P 500.

I sure you can find many funds that beat the s&p 500. The difficulty is knowing which funds are going to win going FORWARD. It absolutely blows my mind that people on this forum, let alone someone with nearly 2k posts, are willing to choose a mutual fund PURELY on past performance. This kind of thin...
by jibantik
Wed Jun 17, 2020 7:28 pm
Forum: Personal Investments
Topic: Ditching International
Replies: 274
Views: 15560

Re: Ditching International

Well, I studied engineering - but, I have a very deep respect for history and, in particular, the perspective it can provide. I'm sure things CAN go south quickly - and, that's an alarming thought. I think my investing horizon is about 15-20 years out. I sometimes wonder if the 'certain advantages'...
by jibantik
Wed Jun 17, 2020 4:10 pm
Forum: Personal Investments
Topic: Ditching International
Replies: 274
Views: 15560

Re: Ditching International

I agree that no one should be berating OP, but calling pro-US rhetoric dangerous is based on a legitimate concern for investors who are being convinced that the US will not only provide higher returns but will also be safer. Single-country investing is not safer. Future returns: unknown. +1. People...
by jibantik
Wed Jun 17, 2020 10:18 am
Forum: Personal Investments
Topic: Ditching International
Replies: 274
Views: 15560

Re: Ditching International

Frankly we look a heck of a lot better today than 2000...we're a net oil exporter again. That means we're energy independent and China isn't. If we can increase immigration again we'll have a nice slow population growth rather than face a decline. China is facing peak population in 2029 and a decli...
by jibantik
Tue Jun 16, 2020 8:54 pm
Forum: Personal Investments
Topic: Ditching International
Replies: 274
Views: 15560

Re: Ditching International

It's not the longest period of outperformance: 1961 to 2012 was 53 years over which international stocks outperformed US stocks. https://i.imgur.com/u4ryYhj.png Thanks, vineviz, that's interesting. It appears the early 1960s to early 1990s was a great time to be a global investor. I wonder what the...
by jibantik
Tue Jun 16, 2020 8:11 am
Forum: Personal Investments
Topic: Ditching International
Replies: 274
Views: 15560

Re: Ditching International

Agree. I wonder if anyone who is global weight in international has calculated the opportunity cost of this "diversification". I'm not global weight because I'm in target date but why would they do that? That's such a ridiculous thing to say. Do you constantly calculate the opportunity costs of mid...
by jibantik
Mon Jun 15, 2020 5:50 pm
Forum: Personal Investments
Topic: Ditching International
Replies: 274
Views: 15560

Re: Ditching International

Jack Bogle would not approve of an investor not staying the course. He would approve of a modest 32% international allocation if that was one's chosen course years ago. Indeed. That the OP is proposing an action that violates three different principles of the "Bogleheads® investment philosophy" wit...
by jibantik
Mon Jun 15, 2020 12:57 pm
Forum: Personal Investments
Topic: Ditching International
Replies: 274
Views: 15560

Re: Ditching International

I am strictly US Vti and Bnd, as per my readings from Jack Bogle. Not that he was all knowing, but that after reading I agreed. There are MANY voices claiming the true path forward, Vanguard as well as those on this forum. Who is right and who is wrong? No one really knows. I believe in making my o...
by jibantik
Sun Jun 14, 2020 9:34 pm
Forum: Personal Investments
Topic: Ditching International
Replies: 274
Views: 15560

Re: Ditching International

The amount of people on this thread justifying their investment decisions based on past performance is something you'd expect to see in a Jim Cramer fan club site. Getting rid of international is a terrible strategy. Getting rid of international because you are disappointed in 5 year returns is a re...
by jibantik
Sat Jun 13, 2020 12:16 pm
Forum: Non-US Investing
Topic: Easy to change my mind [UK]
Replies: 26
Views: 1371

Re: Easy to change my mind [UK]

Man oh man. This forum is so biased to the US it is even convincing non-US folks to invest almost purely in US equities.

For equities, invest in the world market at cap weight, unless you have a magic 8 ball
by jibantik
Fri Jun 12, 2020 8:47 pm
Forum: Investing - Theory, News & General
Topic: Vanguard projects 10 year returns: TSM 6.5% Int'l 9.5%
Replies: 120
Views: 11453

Re: Vanguard projects 10 year returns: TSM 6.5% Int'l 9.5%

What is Vanguard's track record with predicting future returns? garbage they put out the same emerging/international outperform guidance back in 2018 and if you followed it, you got crushed. if this is 9% from current levels, great..... still down 33% from 2018 All those people in equities with a 1...
by jibantik
Fri Jun 12, 2020 5:12 pm
Forum: Personal Finance (Not Investing)
Topic: Any suggested CU/Banks for a mortgage? I’m shopping now...
Replies: 18
Views: 1258

Re: Any suggested CU/Banks for a mortgage? I’m shopping now...

northpointe. a bunch of people on the refinance thread had success with them.
by jibantik
Fri Jun 12, 2020 3:27 pm
Forum: Personal Investments
Topic: Is it bad to be a "day trader"?
Replies: 51
Views: 2964

Re: Is it bad to be a "day trader"?

Market timing is one of the seven deadly sins
by jibantik
Wed Jun 10, 2020 10:43 am
Forum: Personal Consumer Issues
Topic: New construction house - what to consider?
Replies: 159
Views: 9202

Re: New construction house - what to consider?

What is the big deal about cat6. I use a computer/internet for everything, streaming, gaming, work, and I have never desired have a hard-wired internet connection. I can't imagine this being a big deal for a regular user. I also usually use the lowest internet speed available too, which nowadays is ...
by jibantik
Tue Jun 09, 2020 6:52 pm
Forum: Personal Consumer Issues
Topic: Verizon may be giving me money that is not mine
Replies: 17
Views: 2145

Re: Verizon may be giving me money that is not mine

To quote Senator Clay Davis from The Wire:
I'll take any ************'s money if he givin it away.
by jibantik
Tue Jun 09, 2020 3:59 pm
Forum: Personal Finance (Not Investing)
Topic: Can I give a loan to my buddy to buy a boat?
Replies: 81
Views: 4673

Re: Can I give a loan to my buddy to buy a boat?

Wow what an amazing combinations of bad ideas rolled into one massively bad idea.
by jibantik
Tue Jun 09, 2020 10:57 am
Forum: Personal Investments
Topic: A Prodigal Boglehead Returns (poorer)
Replies: 32
Views: 4772

Re: A Prodigal Boglehead Returns (poorer)

Welcome back :sharebeer

The most important thing to recognize, which even many bogleheads on this forum fail to recognize, is that even if you have made money and timed the market successfully, it still would have been the wrong decision.
by jibantik
Mon Jun 08, 2020 11:01 pm
Forum: Investing - Theory, News & General
Topic: Dave Ramsey mentioned bogleheads today
Replies: 142
Views: 9752

Re: Dave Ramsey mentioned bogleheads today

Well, if I could get 12% real returns and get kickbacks from ELP advisors like Dave Scamsey, I don't know that I would care about expense ratios either. I may even recommend front-end load funds :mrgreen:
by jibantik
Sat Jun 06, 2020 11:21 pm
Forum: Personal Consumer Issues
Topic: What fun car should I get in the $150k - $200k range?
Replies: 446
Views: 24339

Re: What fun car should I get in the $150k - $200k range?

Buying a 200k car has to be the most unfun way to spend 200k I could think of.
by jibantik
Sat Jun 06, 2020 6:31 pm
Forum: Investing - Theory, News & General
Topic: 60 World Stock Markets
Replies: 153
Views: 12719

Re: Investing in International Stocks

In fact, looking at the results from some of the country funds, there is evidence that, in some countries, indexing does not work anywhere near as well as it works in the U.S. What do you mean by indexing working/not working? I would say that indexing worked for the investor if, over the long term ...
by jibantik
Sat Jun 06, 2020 8:28 am
Forum: Investing - Theory, News & General
Topic: 60 World Stock Markets
Replies: 153
Views: 12719

Re: Investing in International Stocks

Grayfox, you don't know anything the market does not, nor do you know anything better than the market does. Buy the haystack, anything else is delusion. You are missing the whole point of the thread. When it comes to world stocks, there is no such thing as "the market". There are 60 major markets, ...
by jibantik
Sat Jun 06, 2020 8:25 am
Forum: Investing - Theory, News & General
Topic: Wall Street bets international stocks will top US equities in 2020 after a decade-long slump
Replies: 189
Views: 16122

Re: Wall Street bets international stocks will top US equities in 2020 after a decade-long slump

Will certainly be funny to see all the US only performance chasers start switching to international and making threads questioning why any one would need to invest in US at all :D Maybe you'll be right. But don't hold your breath. International stock has generally lagged U.S. for more than 30 years...
by jibantik
Sat Jun 06, 2020 8:10 am
Forum: Investing - Theory, News & General
Topic: What picture can paint a thousand Bogle words?
Replies: 31
Views: 3517

Re: What picture can paint a thousand Bogle words?

In line with Mr. Bogle's "cost matters" philosophy, Vanguard years ago published the table below, showing the cumulative lifetime impact of investment management fees upon one's ending wealth. An eye-opener: http://i.imgur.com/zDa1m5O.png Source: Vanguard (link to original article is unfortunately ...
by jibantik
Sat Jun 06, 2020 6:53 am
Forum: Investing - Theory, News & General
Topic: 60 World Stock Markets
Replies: 153
Views: 12719

Re: Investing in International Stocks

Grayfox, you don't know anything the market does not, nor do you know anything better than the market does.

Buy the haystack, anything else is delusion.
by jibantik
Fri Jun 05, 2020 8:39 pm
Forum: Personal Finance (Not Investing)
Topic: Taxes? Legal Issues? Grandmother sent large check to Cousin she's estranged from
Replies: 59
Views: 3295

Re: Grandmother sent large check to Cousin she's estranged from

Cash it and send a thank you note with a nice big family photo attached.
by jibantik
Fri Jun 05, 2020 8:07 pm
Forum: Investing - Theory, News & General
Topic: Markets back near all time highs - how are you feeling and path forward ?
Replies: 238
Views: 20668

Re: Markets back near all time highs - how are you feeling and path forward ?

I don't time the market so my path is always the same. Buy the market, the whole market, and nothing but the market as soon as I have the funds to do so :mrgreen: I am sure a lot of posters here got caught with their pants down and they were trying to time the market. My advice to them is that the b...
by jibantik
Wed Jun 03, 2020 4:01 pm
Forum: Personal Investments
Topic: Does every one here only have 3 funds in their portfolios?
Replies: 131
Views: 7987

Re: Does every one here only have 3 funds in their portfolios?

I have one fund. 100% VTWAX.

Although, my 401k doesn't have VTWAX, so I have two funds to emulate VTWAX... so I guess I do have 3 funds :shock:
by jibantik
Tue Jun 02, 2020 6:50 pm
Forum: Personal Investments
Topic: Which budgeting software do you use ?
Replies: 59
Views: 3084

Re: Which budgeting software do you use ?

I am open for suggestions here. I have tried YNAB and didn't like it. What I learned is that I probably don't want a budget, I want an expense tracker. What I find with a budget is there a too many things to account for that come out of the blue that are just too hard to plan for in your budget. Or,...
by jibantik
Mon Jun 01, 2020 9:39 pm
Forum: Investing - Theory, News & General
Topic: Wall Street bets international stocks will top US equities in 2020 after a decade-long slump
Replies: 189
Views: 16122

Re: Wall Street bets international stocks will top US equities in 2020 after a decade-long slump

Will certainly be funny to see all the US only performance chasers start switching to international and making threads questioning why any one would need to invest in US at all :D
by jibantik
Mon Jun 01, 2020 3:07 pm
Forum: Personal Investments
Topic: What to do after maxing 401k and emergency fund?
Replies: 23
Views: 2513

Re: What to do after maxing 401k and emergency fund?

Here is what I see, you are all over the place and need to consolidate. Investments 1. Vanguard 401k from prior employer: $111,937 Vanguard Equity Income Fund Admiral (VEIRX): $5,216 Move to Vanguard Institutional 500 Index Trust • Vanguard Growth Index Fund (VIGIX): $19,516 Move to Vanguard Instit...
by jibantik
Fri May 29, 2020 11:42 am
Forum: Personal Finance (Not Investing)
Topic: Is Capital One 360 bank account OK?
Replies: 35
Views: 2272

Re: Is Capital One 360 bank account OK?

Ally is S-tier, Cap360 is A-tier, Wells Fargo is F-tier
by jibantik
Thu May 28, 2020 3:23 pm
Forum: Personal Finance (Not Investing)
Topic: Refinance Mega Thread
Replies: 2545
Views: 204840

Re: Refinance Mega Thread

orangecrushv wrote:
Thu May 28, 2020 1:18 pm
Closed my 2.5% 15-year with Northpointe today. (Started the process on 4/15.) Only out of pocket cost was the Title Insurance.
Congrats! I will be closing with northpointe at the same rate in a few days. About 500 bucks in out of pocket costs.
by jibantik
Wed May 27, 2020 8:09 am
Forum: Investing - Theory, News & General
Topic: S&P500 vs World Performance
Replies: 195
Views: 13065

Re: S&P500 vs World Performance

So, I guess if Bogle said there was a teapot orbiting the sun you would believe him since someone hasn't proven it wrong. Hey bud.... when you speak about buying "THE market" but stop at just world stocks, can you please explain how that logic works? "THE market" also includes bonds, real estate, m...
by jibantik
Mon May 25, 2020 3:04 pm
Forum: Investing - Theory, News & General
Topic: S&P500 vs World Performance
Replies: 195
Views: 13065

Re: S&P500 vs World Performance

https://youtu.be/LwTHLtuToSY You'll like this. Easily explained. Great video! Summed up nicely. ... In 1989, Japan made up ~45% of global stocks by market cap. If you owned a total world market index fund (if they existed back then) then you would be HEAVILY invested in Japan. That would've turned ...
by jibantik
Sat May 23, 2020 10:27 am
Forum: Investing - Theory, News & General
Topic: S&P500 vs World Performance
Replies: 195
Views: 13065

Re: S&P500 vs World Performance

I read an article today from Warren Buffett where he said again to simply own the S&P 500. Checkmate total market investors. Speculator Warren Buffet said it so it MUST be right. ... Also, I haven't made any arguments in this thread about my reasons for selecting US domestic. I made no claims on th...
by jibantik
Fri May 22, 2020 7:30 pm
Forum: Personal Finance (Not Investing)
Topic: Financial advice for undertaking a PhD
Replies: 47
Views: 3149

Re: Financial advice for undertaking a PhD

If you want to mitigate loss while undertaking a PhD, drop out :D .

Otherwise, finish as fast as possible and do mediocre research.
by jibantik
Fri May 22, 2020 12:37 pm
Forum: Investing - Theory, News & General
Topic: S&P500 vs World Performance
Replies: 195
Views: 13065

Re: S&P500 vs World Performance

If you are overweight a subset of the market, you are effectively claiming that you can take a chart like this: https://i.imgur.com/Bt45BLa.jpg And at any point in time, predict what the future of that chart will look like. I cannot make a claim like that, so what else can I do except invest at mar...
by jibantik
Fri May 22, 2020 9:30 am
Forum: Investing - Theory, News & General
Topic: S&P500 vs World Performance
Replies: 195
Views: 13065

Re: S&P500 vs World Performance

Do you agree that US has outperformed, in aggregate, exUS for the past century+ ? If yes, can you offer any ideas as to why? And, yes, I recognize exUS has had some periods of outperformance over the past 100 years. Sure, if that is what the data shows. Not particularly detailed reasons, but I know...
by jibantik
Thu May 21, 2020 5:50 pm
Forum: Personal Investments
Topic: I freaked out…now what?
Replies: 60
Views: 6188

Re: I freaked out…now what?

I’ve never sold on fear in my life and know better, but on 3/13 I sold 100% of my investments. I was down like 8% for year. I am curious, when you decided to sell, did you consider just adjusting your AA rather than going all to cash? I remember and interview with Bogle where he said, if you are ge...
by jibantik
Thu May 21, 2020 5:32 pm
Forum: Personal Investments
Topic: I freaked out…now what?
Replies: 60
Views: 6188

Re: I freaked out…now what?

Well, I hope all the market timing "bogleheads" are happy. These are the kinds of things you will have to live with. If people come to these forums and see bogleheads freaking out and timing the market, they are going to think they can do the same thing. We should be steadfast and set a GOOD example...