Search found 139 matches

by jibantik
Tue Jun 18, 2019 4:21 pm
Forum: Investing - Theory, News & General
Topic: Should I abandon the Total International Stock Index Fund for greener pastures?
Replies: 97
Views: 7556

Re: Should I abandon the Total International Stock Index Fund for greener pastures?

I have a question for people on both sides of this issue. What would it take to change your mind? Or to put it scientifically, what would it take to falsify your theory ? ... I do not claim anything, I take the null position (market cap). This likely the position of many people who invest in intern...
by jibantik
Tue Jun 18, 2019 3:15 pm
Forum: Personal Consumer Issues
Topic: How to avoid high vet bills?
Replies: 66
Views: 3022

Re: How to avoid high vet bills?

There are good vets and bad vets. Good vets are worth whatever they charge. Do you "replace" your kids if they have high medical bills? How about the spouse, is he/she out the door if they get costly? Dogs are not "children", nor are "children" dogs. I value people much more than animals. Meh, I'd ...
by jibantik
Mon Jun 17, 2019 2:34 pm
Forum: Investing - Theory, News & General
Topic: Should I abandon the Total International Stock Index Fund for greener pastures?
Replies: 97
Views: 7556

Re: Should I abandon the Total International Stock Index Fund for greener pastures?

... Any errors in logic here? Yes, a few massive errors. You are performance chasing and you are speculating (and I emphasize that word). I am not sure why you think you can predict how thousands up thousands of global companies all around the world are going to perform decades into the future, but...
by jibantik
Sun Jun 02, 2019 9:14 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 11008
Views: 1918950

Re: U.S. stocks in free fall

That depends on how much money and how long. In my case, I'm dealing with <1% of portfolio value on the first of each month. And the goal is to get that excess cash invested in my taxable account on a good buying day during the month. Simple... Unless you can travel in the past, or you can see the ...
by jibantik
Sat Jun 01, 2019 9:44 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 11008
Views: 1918950

Re: U.S. stocks in free fall

...If you have money to buy when there is a sale, you should have already had that money in the market. You shouldn't hold money around to buy when there is a sale. Time in the market, not timing the market. That depends on how much money and how long. In my case, I'm dealing with <1% of portfolio ...
by jibantik
Thu May 23, 2019 9:38 pm
Forum: Personal Consumer Issues
Topic: Anyone else looking forward to Game of Thrones?
Replies: 90
Views: 8616

Re: Anyone else looking forward to Game of Thrones?

In a show with a lot of unlikable characters, Bran may have been the most unlikable (he absolutely was for my wife). And with so much character development, so little is spent on him throughout the show. So many unanswered questions when it comes to him. He's just odd and the entire scene where Tyr...
by jibantik
Tue May 21, 2019 7:47 pm
Forum: Personal Consumer Issues
Topic: Anyone else looking forward to Game of Thrones?
Replies: 90
Views: 8616

Re: Anyone else looking forward to Game of Thrones?

I guess I am not the only one upset at this season. Pretty terrible final episode (and final season in total) huh? Guess I will be reading the book :annoyed https://static01.nyt.com/images/2019/05/16/us/game-of-thrones-imdb-ratings-promo-1558052978407/game-of-thrones-imdb-ratings-promo-1558052978407...
by jibantik
Tue May 21, 2019 7:45 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 11008
Views: 1918950

Re: U.S. stocks in free fall

If you have money to buy when there is a sale, you should have already had that money in the market. You shouldn't hold money around to buy when there is a sale. Time in the market, not timing the market. I have an amount I invest every month. I like to buy the dips but April didn't have any dips a...
by jibantik
Mon May 20, 2019 10:34 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 11008
Views: 1918950

Re: U.S. stocks in free fall

The thread teaches over and over again that a stock market free fall is not a reason to sell stocks. Yes. But it may be a reason to buy stocks, no? To me, the stock market is like Macy's. I buy when there's a sale. If you have money to buy when there is a sale, you should have already had that mone...
by jibantik
Sun May 19, 2019 11:54 am
Forum: Investing - Theory, News & General
Topic: Bogle "5% Gold"
Replies: 197
Views: 19947

Re: Bogle "5% Gold"

So let me get this straight, because of <insert american exceptionalism bias here> international outperforming US is an absurd enough concept that we should just hold 100% US (or at least not more than 20% international). However, the possibility of <crap> hitting the fan is high enough that I shoul...
by jibantik
Fri May 17, 2019 4:33 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 11008
Views: 1918950

Re: U.S. stocks in freefall

HAHAHAHA!! I was often criticized for shorting TSLA, but it's the best investment I ever made. I could cover my position and buy a nice beach house right now. How many beach houses does the loss described below equate to? :P Things will get much more exciting around here when DOW plunges to 16,000 ...
by jibantik
Thu May 16, 2019 4:21 pm
Forum: Personal Investments
Topic: VTSAX or VTWAX over the next 35 years?
Replies: 173
Views: 17619

Re: VTSAX or VTWAX over the next 35 years?

Fair questions, but to play devil's advocate for a minute...... There are plenty of new people on the forum every day seeking to learn - as evident by the recurring questions. Clearly these folks weren't part of last week's discussion and the responses are all new information to them. Counter-Quest...
by jibantik
Thu May 16, 2019 11:25 am
Forum: Personal Investments
Topic: VTSAX or VTWAX over the next 35 years?
Replies: 173
Views: 17619

Re: VTSAX or VTWAX over the next 35 years?

The inception date of Vanguard Total Stock U.S. Stock Market Index Fund ( VTSMX ) was 4/27/1992. The inception date of Vanguard Total International Stock Index Fund ( VGTSX ) was 4/29/1996. Per Morningstar , as of 5/14/2019, if you had invested $10,000 in both funds on 4/29/1996, you would currentl...
by jibantik
Wed May 15, 2019 6:51 pm
Forum: Personal Investments
Topic: Help my broker is trying to freak me out
Replies: 94
Views: 13893

Re: Help my broker is trying to freak me out

thank you everyone this has been really helpful. Thinking of moving to Merrill Edge. Need to check what I can move in kind. It is hard to believe paying 1% fee on $600k cost about $150k it seems so high and the fact it might be true is so shocking to me I can’t believe anyone would use a broker. Al...
by jibantik
Wed May 15, 2019 6:45 pm
Forum: Personal Investments
Topic: Help my broker is trying to freak me out
Replies: 94
Views: 13893

Re: Help my broker is trying to freak me out

thank you everyone this has been really helpful. Thinking of moving to Merrill Edge. Need to check what I can move in kind. It is hard to believe paying 1% fee on $600k cost about $150k it seems so high and the fact it might be true is so shocking to me I can’t believe anyone would use a broker. Al...
by jibantik
Wed May 15, 2019 11:06 am
Forum: Personal Investments
Topic: VTSAX or VTWAX over the next 35 years?
Replies: 173
Views: 17619

Re: VTSAX or VTWAX over the next 35 years?

VTWAX of course. If you went VTSAX you would be asserting that you can predict how thousands of companies all around the world will perform decades into the future. The fact that you are asking means you cannot predict that. Another reason I know that you cannot predict such a thing is because no on...
by jibantik
Sat May 11, 2019 10:01 am
Forum: Investing - Theory, News & General
Topic: Why I bet on S&P500
Replies: 51
Views: 3035

Re: Why I bet on S&P500

The S&P 500 really stank in the 2000s though. hehe, there's always a price to pay after the dot-com mania :D In 2000 I was still a toddler hugging my computer monitor. If you are this young you definitely should not be speculating and you definitely should not be 100% US (and a subset of US no less...
by jibantik
Sat May 11, 2019 9:21 am
Forum: Investing - Theory, News & General
Topic: Why I bet on S&P500
Replies: 51
Views: 3035

Re: Why I bet on S&P500

The S&P 500 really stank in the 2000s though. hehe, there's always a price to pay after the dot-com mania :D In 2000 I was still a toddler hugging my computer monitor. If you are this young you definitely should not be speculating and you definitely should not be 100% US (and a subset of US no less...
by jibantik
Fri May 10, 2019 8:50 pm
Forum: Investing - Theory, News & General
Topic: What is your U.S./ex-U.S. stock allocation?
Replies: 210
Views: 10654

Re: How much international stock? A suggestion.

Put me down as global market cap. Not sure the current weighting, nor do I care.
Taylor Larimore wrote:
Thu May 09, 2019 8:43 pm
Bogleheads:

No one knows what will be the best U.S./e-U.S. stock allocation at a future date.

...

Best wishes.
Taylor
+1000. Could NOT agree more. This is exactly why everyone should be global market cap.
by jibantik
Wed May 08, 2019 6:53 pm
Forum: Personal Consumer Issues
Topic: Anyone else looking forward to Game of Thrones?
Replies: 90
Views: 8616

Re: Anyone else looking forward to Game of Thrones?

Great series but I feel like season 7 and 8 dropped a bit in terms of overall quality. PSA: Do not read the game of thrones subreddit if you want to continue enjoying the show by the way. :) Yes, the episodes seem to be getting worse and worse. I thought this past episode (S08E04) was terrible. If ...
by jibantik
Tue May 07, 2019 3:18 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 11008
Views: 1918950

Re: U.S. stocks in free fall

more interested in how the week closes rather than a daily close I wish someone could tell me where the S&P will close in Mar 2023. That would sure help my planning. Yes, a crystal ball is welcome :-) We should be able to find one laying around somewhere, there are plenty of people on this forum wh...
by jibantik
Tue May 07, 2019 3:01 pm
Forum: Personal Investments
Topic: I tried to fire my financial advisor of 12 years today...
Replies: 127
Views: 13527

Re: I tried to fire my financial advisor of 12 years today...

I'm now 40 and after reading a few investment books recently, I quickly realized the 1.5% he's been charging me is going to murder me in the long run . My plan is to switch over to a two-fund index fund at Vanguard. So I tried to fire him today and it was tough. ... I'm feeling bad about pulling th...
by jibantik
Sat May 04, 2019 9:38 am
Forum: Personal Investments
Topic: Vanguard target date vs. convoluted portfolio
Replies: 32
Views: 1948

Re: Vanguard target date vs. convoluted portfolio

It’s a free Service for my work. Want to get a check up so to speak. See if I was missing anything outside of my own research and on track for retirement. That "free" advice could turn into something extremely expensive. https://docs.google.com/spreadsheets/d/1e84iEblhPhdtWuOCR25v1M96ug6IHwGU8FelxJ...
by jibantik
Sun Apr 28, 2019 5:21 pm
Forum: Investing - Theory, News & General
Topic: Justifying Home Bias in your Portfolio
Replies: 97
Views: 6300

Re: Justifying Home Bias in your Portfolio

I've never understood why John Bogle, leader of the Bogleheads, is strong advocate of 100% US allocation, yet his disciples seem to preach the merits of international. I tend to agree with Bogle himself; the US is business friendly, stable, and flush with capital. I can't think of another country I...
by jibantik
Sun Apr 28, 2019 9:52 am
Forum: Investing - Theory, News & General
Topic: Justifying Home Bias in your Portfolio
Replies: 97
Views: 6300

Re: Justifying Home Bias in your Portfolio

This isn’t really a reason. And what are you reading that says they will have the same risk and return? I have read precisely the opposite, higher risk so they are valued less. Be mindful that it’s possible international could under perform for a decade or two... then only to lose more money at the...
by jibantik
Fri Apr 26, 2019 8:45 pm
Forum: Personal Investments
Topic: Dump international?
Replies: 228
Views: 15120

Re: Dump international?

Total World Index (VTWAX) should be strongly considered the default equities holding unless you are supremely confident you could have predicted the outcome of any significant timeframe in the graph below and are sure you can extrapolate it for the future. 1900-2017 via Credit Suisse https://i.imgu...
by jibantik
Thu Apr 25, 2019 7:57 pm
Forum: Personal Consumer Issues
Topic: Sinemia shuts down US operations
Replies: 7
Views: 1585

Re: Sinemia shuts down US operations

From sinemia.com "Dear Customer, Today, with a heavy heart, we’re announcing that Sinemia is closing its doors and ending operations in the US effective immediately. As Sinemia, we set out our journey with the vision to help as many moviegoers as possible to enjoy an affordable and better experienc...
by jibantik
Thu Apr 25, 2019 11:47 am
Forum: Personal Investments
Topic: Dump international?
Replies: 228
Views: 15120

Re: Dump international?

Just dump everything. The US Bond Index returned 0.1% in 2018. Don't need no stinking bonds. International stocks have trailed US Stocks for a decade. Don't need no stinking International. Much of the gain in the S&P 500 and the US Total Stock Market Index has been in the FAANG stocks (Facebook, Ap...
by jibantik
Wed Apr 24, 2019 7:35 pm
Forum: Personal Investments
Topic: Dump international?
Replies: 228
Views: 15120

Re: Dump international?

Total World Index (VTWAX) should be strongly considered the default equities holding unless you are supremely confident you could have predicted the outcome of any significant timeframe in the graph below and are sure you can extrapolate it for the future. 1900-2017 via Credit Suisse https://i.imgu...
by jibantik
Thu Apr 11, 2019 7:04 pm
Forum: Personal Investments
Topic: International under-performance
Replies: 204
Views: 12964

Re: International under-performance

Bogle was a great man and a personal hero of mine, but he was dead wrong on his international position. Huh? It turned out that he was absolutely right - ex-US ended up harming and not helping returns in the long run. We may argue about the future, but the future hasn't happened yet. Don't confuse ...
by jibantik
Thu Apr 11, 2019 6:33 pm
Forum: Personal Investments
Topic: International under-performance
Replies: 204
Views: 12964

Re: International under-performance

I've repeatedly said that if International Stocks were "the United Provinces of America", I would be 100% world. It is not though. So all these arguments that you're an idiot for not investing in the rest of the world because clearly the world is going to outgrow the US market depends on an implici...
by jibantik
Wed Apr 10, 2019 10:44 pm
Forum: Personal Investments
Topic: International under-performance
Replies: 204
Views: 12964

Re: International under-performance

I'm gonna have to agree with visualguy here. I immigrated to the US from the world's 2nd largest economy 10+ yrs ago. Sure. Why should we rely on silly things like financial and economic evidence when we can just use anecdotes and intuition instead? What do legions of PhD-trained economists know th...
by jibantik
Tue Apr 09, 2019 9:19 pm
Forum: Investing - Theory, News & General
Topic: Crypto bulls are back. Are you getting in?
Replies: 147
Views: 11694

Re: Crypto bulls are back. Are you getting in?

Nope. Any money i'd put in crypto i'd rather put into VTWAX.

Also, didn't they determine the last bull was due to some bad actors performing price manipulation or some exchanges trying to build traffic?
by jibantik
Tue Apr 09, 2019 9:01 pm
Forum: Personal Investments
Topic: International under-performance
Replies: 204
Views: 12964

Re: International under-performance

One argument that can be made by those who advocate only US stocks is that the global economy is much more interconnected in 2019 than it was in the 1970s. I believe, and I could be wrong, 40% of S&P 500 companies earnings are derived from overseas markets. I highly doubt that was the case in 1975....
by jibantik
Wed Apr 03, 2019 9:20 am
Forum: Personal Investments
Topic: 24 year old making first Roth IRA account. What do you guys think of these portfolios?
Replies: 24
Views: 1723

Re: 24 year old making first Roth IRA account. What do you guys think of these portfolios?

Let me preface this by saying I know very little about this topic, I just started researching it a few weeks ago, but it looks pretty interesting. I'm 24 and I plan on maxing out the Roth IRA with Vanguard every year from now. I will be putting in 6k which is the max for this year. At my age, I am ...
by jibantik
Sun Mar 31, 2019 6:24 pm
Forum: Personal Consumer Issues
Topic: "The best and worst U.S. states for retirement"
Replies: 275
Views: 26789

Re: "The best and worst U.S. states for retirement"

I see no reason why Minnesota is so much higher than Florida and Arizona in QOL. Up there you have to hibernate for six months to not freeze. Yes, MN is a frozen wasteland, please don't move here! You will die of frostbite just by looking outside! /s Honestly, the weather is the reason MN is Americ...
by jibantik
Sun Mar 31, 2019 11:58 am
Forum: Personal Consumer Issues
Topic: "The best and worst U.S. states for retirement"
Replies: 275
Views: 26789

Re: "The best and worst U.S. states for retirement"

Heh Florida is number 1 :oops:. You couldn't pay me to live in Florida.
by jibantik
Mon Mar 25, 2019 5:34 pm
Forum: Personal Finance (Not Investing)
Topic: Will buying a house jeopardize financial security?
Replies: 57
Views: 3831

Re: Will buying a house jeopardize financial security?

trustquestioner wrote:
Mon Mar 25, 2019 1:35 pm
“Middle class.” My god.
LOL welcome to bogleheads, where someone with a HHI of 450k, over a million in stock and cash, 2 nearly paid off condos, and a townhome with 400k equity is somehow middle class :oops:
by jibantik
Thu Mar 21, 2019 8:14 pm
Forum: Personal Finance (Not Investing)
Topic: Domestic partner health insurance tax
Replies: 3
Views: 307

Re: Domestic partner health insurance tax

Absolutely correct. That is my exact understanding of the new IRS rules too. $4150 for 2018 is the income limit for a dependent (if they have that or more you can't claim them). If they have less than that you can claim them as a dependent but you have to have provided more than 50% of their suppor...
by jibantik
Wed Mar 20, 2019 7:44 pm
Forum: Personal Finance (Not Investing)
Topic: Domestic partner health insurance tax
Replies: 3
Views: 307

Domestic partner health insurance tax

I just want to double check before I give my hard earned money over to the IRS. What I have learned is that if your domestic partner is on your health insurance, your employer must include fair market value in your income. Meaning, you have to pay tax on the fair market value of the policy. This is ...
by jibantik
Mon Mar 18, 2019 4:54 pm
Forum: Personal Investments
Topic: Investment Planning 50 y/o married, with 11 y/o
Replies: 3
Views: 366

Re: Investment Planning 50 y/o married 11 y/o

50 y/o married 11 y/o
:shock: Oh my golly gumdrops
by jibantik
Sun Mar 17, 2019 5:50 pm
Forum: Personal Consumer Issues
Topic: Good Modern Science Fiction
Replies: 383
Views: 55579

Re: Good Modern Science Fiction

Tim Powers, 'The Anubis Gates", a time travel / historical fiction / fantasy novel with compelling characters, great plot, and a twist. Also good are "Dinner at Deviant's Palace", "Last Call", and "The Drawing of the Dark". One that I keep coming back to is "The Killing Star" by Charles Pellegrino ...
by jibantik
Sat Mar 16, 2019 9:35 am
Forum: Investing - Theory, News & General
Topic: That's enough for me in 2019
Replies: 785
Views: 77627

Re: That's enough for me in 2019

Market timing on pure speculation based on the returns from an arbitrary date. Best of luck with your incorrect decision!
by jibantik
Thu Mar 14, 2019 7:46 pm
Forum: Personal Consumer Issues
Topic: Lemon or Just Getting Used to Having an Older Car???
Replies: 33
Views: 2726

Re: Lemon or Just Getting Used to Having an Older Car???

Getting a car serviced at a dealership is the biggest scam since Dave Ramsey's smart vestor pros getting 12% returns.
by jibantik
Wed Mar 13, 2019 4:56 pm
Forum: Personal Consumer Issues
Topic: Renting in Boston - how difficult with a pit bull?
Replies: 48
Views: 3365

Re: Renting in Boston - how difficult with a pit bull?

1. Like I said, if there is bonafide pedigree paper work saying a dog is a pure breed and you say it's a mixed breed, that's lying. If some shelter said the dog is a 'pit bull' based on appearance that means nothing relative to whether the dog is a mixed breed or not. Almost all dogs from shelters ...
by jibantik
Mon Mar 11, 2019 7:50 pm
Forum: Personal Consumer Issues
Topic: Renting in Boston - how difficult with a pit bull?
Replies: 48
Views: 3365

Re: Renting in Boston - how difficult with a pit bull?

If you dog doesn't have documented ancestry to one of the studs of the breed, then it's literally not part of a breed. Breed isn't a scientific classification system, like classifying species is. So unless you documented proof of ancestry, it's correct to call it a mutt. And who wants to turn down a...
by jibantik
Sun Mar 10, 2019 1:18 pm
Forum: Personal Consumer Issues
Topic: Yet another solar panel bid
Replies: 10
Views: 1503

Re: Yet another solar panel bid

Thanks for replies. Re-roofing will cost more with solar, so I hope your roof is recent? Expect your homeowners insurance to go up a bit. On the upside, solar is fun! Sounds like you have a fair quote. Do it! Roof is brand spanking new, so that will be ok. Have you tried EnergySage for comparison qu...
by jibantik
Fri Mar 08, 2019 7:23 pm
Forum: Personal Consumer Issues
Topic: Yet another solar panel bid
Replies: 10
Views: 1503

Yet another solar panel bid

I was wondering about Bogleheads opinion on a solar panel bid. I had a bid that came to around $2.8/watt on a 7kw system. So, total price is around $19,600 before the federal rebate. With the 30% federal rebate, this comes to $13,700, or $1.95/watt. Also, there are the following warranties: * 25 yea...
by jibantik
Fri Mar 08, 2019 12:32 pm
Forum: Personal Consumer Issues
Topic: attacked by off-leash dog
Replies: 220
Views: 7273

Re: attacked by off-leash dog

TomatoTomahto wrote:
Fri Mar 08, 2019 12:22 pm
elderwise wrote:
Fri Mar 08, 2019 12:08 pm
Where is OP??????
Sheesh! OP was last on at 3:18 this morning. Maybe he/she is at work!
Wait... are you guys not working right now?? :mrgreen:
by jibantik
Fri Mar 08, 2019 12:13 pm
Forum: Personal Consumer Issues
Topic: attacked by off-leash dog
Replies: 220
Views: 7273

Re: attacked by off-leash dog

I guess I'm just a dog person. I've NEVER had a dog not like me. I've also NEVER seen a person attacked by a dog. I've seen people be extremely scared of dogs, even little 10 lb dogs. But they're never attacked. But this is an interesting thread. It's good to read the other perspectives. People see...