Search found 887 matches

by DartThrower
Thu May 09, 2019 10:27 am
Forum: Personal Consumer Issues
Topic: Undergrad major in Economics or Finance?
Replies: 59
Views: 3158

Re: Undergrad major in Economics or Finance?

From the above comments it sounds like econ/software engineering might be a good combination. Econ/stat worked great for me, but software engineering didn't really exist as its own subject back in 1982. I hear Penn State has an excellent software engineering program too.
by DartThrower
Thu May 09, 2019 10:15 am
Forum: Personal Consumer Issues
Topic: Undergrad major in Economics or Finance?
Replies: 59
Views: 3158

Re: Undergrad major in Economics or Finance?

Regarding the Penn vs Penn State thing... I remember a joke issue of the Daily Pennsylvanian that had the headline "Penn to Change its Name to Ben Franklin University". Some people actually fell for it and for a while there was chaos! :P That’s no joke and has been discussed off and on for many yea...
by DartThrower
Wed May 08, 2019 4:05 pm
Forum: Personal Consumer Issues
Topic: Undergrad major in Economics or Finance?
Replies: 59
Views: 3158

Re: Undergrad major in Economics or Finance?

I was an econ major so long ago that Adam Smith was still alive (I think). It was the recession of 1982 and Paul Volker was doing his thing. Anyway I wasn't even able to get a job as a bank teller with my BS in econ so I went to grad school for stats. The graduate program had a fellowship available ...
by DartThrower
Mon Apr 01, 2019 9:22 am
Forum: Personal Consumer Issues
Topic: Folks in their 60s and above. What early investment on health do you recommend.
Replies: 193
Views: 13084

Re: Folks in their 60s and above. What early investment on health do you recommend.

I'm fairly late to this thread and I agree with the majority of what has been said. One thing I will add is that if at all possible don't just WATCH sports on tv, but PLAY sports. Whether it's tennis or golf or bike racing or running. Whatever you're into. Be a kid. Be the star of your own life. The...
by DartThrower
Fri Mar 29, 2019 12:37 pm
Forum: Personal Consumer Issues
Topic: What to see in Philly?
Replies: 87
Views: 5741

Re: What to see in Philly?

University of Pennsylvania. Gill If you decide to go to the Penn campus check out the Penn Museum. Formally it's the University of Pennsylvania Museum of Archeology and Anthropology: https://www.penn.museum/ If you have any interest in history at all I promise you won't be disappointed. It is a wor...
by DartThrower
Fri Mar 29, 2019 10:40 am
Forum: Personal Consumer Issues
Topic: Know a good restaurant in Miami?
Replies: 8
Views: 576

Re: Know a good restaurant in Miami?

DartThrower: In my opinion, Joe's Stone Crab on south Miami Beach is the best restaurant in the Miami area. It opened in 1913. It is expensive. No intrusive music. The main restaurant is closed on Monday (there is an adjoining take-out). Best wishes. Taylor Thank you Taylor and everyone else. Looks...
by DartThrower
Thu Mar 28, 2019 6:22 pm
Forum: Personal Consumer Issues
Topic: Know a good restaurant in Miami?
Replies: 8
Views: 576

Re: Know a good restaurant in Miami?

I'll look into all the suggestions. Thanks!
by DartThrower
Thu Mar 28, 2019 3:27 pm
Forum: Personal Consumer Issues
Topic: Know a good restaurant in Miami?
Replies: 8
Views: 576

Know a good restaurant in Miami?

I want to get a gift certificate for my friend who is moving to Miami. Anyone have a favorite restaurant located there? Thanks.
by DartThrower
Thu Mar 28, 2019 9:36 am
Forum: Personal Consumer Issues
Topic: Are independent garages cheaper than dealer?
Replies: 58
Views: 4222

Re: Are independent garages cheaper than dealer?

In short, yes. Independent shops are almost always cheaper. But you need to look around and find the most honest, good shop. Free popcorn and a $10 car wash doesn't mean much when the repair bill is nearly double. Example: I needed brakes- pads, rotors, clutch and a couple other repairs on my old C...
by DartThrower
Wed Mar 27, 2019 3:44 pm
Forum: Investing - Theory, News & General
Topic: Anyone else gotten totally bored with investing?
Replies: 142
Views: 22779

Re: Anyone else gotten totally bored with investing?

I attribute my financial success to accomplishing three main tasks: Bogle-Style Investing Attaining job skills that are in high demand, and working hard on the job Living within my means (ok, I have to add that luck played a role here as well, although "being lucky" is not a task) All three of the t...
by DartThrower
Wed Mar 27, 2019 9:27 am
Forum: Investing - Theory, News & General
Topic: Anyone else gotten totally bored with investing?
Replies: 142
Views: 22779

Re: Anyone else gotten totally bored with investing?

Someone or other described war as long periods of boredom punctuated by brief moments of terror. Perhaps the same applies to investing? Except you have to reconcile this with "“the market can stay irrational longer than you can stay solvent." Bogleheads don't tend to put their solvency at risk in t...
by DartThrower
Sat Mar 23, 2019 8:33 am
Forum: Personal Consumer Issues
Topic: Recall: Subaru 2015, 2016 & 2017 Legacy & Outback steering
Replies: 56
Views: 8093

Re: Recall: Subaru 2015, 2016 & 2017 Legacy & Outback steering

I wonder if the redesign of the Forester for 2019 has fixed this chronic oil burning problem — and the equally chronic CVT problem. I wouldn't assume that it is fixed. I would put the burden of proof on Subaru. Time will tell I guess. Here is a thoughtful discussion by Consumer Reports on the topic...
by DartThrower
Sat Mar 23, 2019 8:00 am
Forum: Personal Consumer Issues
Topic: Recall: Subaru 2015, 2016 & 2017 Legacy & Outback steering
Replies: 56
Views: 8093

Re: Recall: Subaru 2015, 2016 & 2017 Legacy & Outback steering

2015 Forester Just recently oil burned off..... latest problem. Solution : keep extra oil cans in the car. Yes it seems odd for a customer to have to do this, especially with a low mileage vehicle. Our dealer is running the oil consumption test so that means the car needs to run for 3000 miles with...
by DartThrower
Fri Mar 22, 2019 9:14 am
Forum: Personal Consumer Issues
Topic: Recall: Subaru 2015, 2016 & 2017 Legacy & Outback steering
Replies: 56
Views: 8093

Re: Recall: Subaru 2015, 2016 & 2017 Legacy & Outback steering

2015 Forester Just recently oil burned off..... latest problem. Solution : keep extra oil cans in the car. Yes it seems odd for a customer to have to do this, especially with a low mileage vehicle. Our dealer is running the oil consumption test so that means the car needs to run for 3000 miles with...
by DartThrower
Thu Mar 21, 2019 12:57 pm
Forum: Personal Consumer Issues
Topic: Recall: Subaru 2015, 2016 & 2017 Legacy & Outback steering
Replies: 56
Views: 8093

Re: Recall: Subaru 2015, 2016 & 2017 Legacy & Outback steering

Yes my son just took his 2015 Forester for a long trip and the oil drained/burned off by the time he reached his destination. Similar mileage. We have been an all Subaru family for many years....but this may change the course in the future. I will say that in the span of my lifetime cars went from ...
by DartThrower
Thu Mar 21, 2019 10:59 am
Forum: Personal Consumer Issues
Topic: Recall: Subaru 2015, 2016 & 2017 Legacy & Outback steering
Replies: 56
Views: 8093

Re: Recall: Subaru 2015, 2016 & 2017 Legacy & Outback steering

We are now starting to have the oil consumption problem with our 2015 Forester. The car is an automatic, but the class action suit only applies to manuals of that year and within a certain VIN range. :annoyed In the last 6 months we have had to top off oil three times despite oil changes by the dea...
by DartThrower
Thu Mar 21, 2019 10:09 am
Forum: Personal Consumer Issues
Topic: Recall: Subaru 2015, 2016 & 2017 Legacy & Outback steering
Replies: 56
Views: 8093

Re: Recall: Subaru 2015, 2016 & 2017 Legacy & Outback steering

We are now starting to have the oil consumption problem with our 2015 Forester. The car is an automatic, but the class action suit only applies to manuals of that year and within a certain VIN range. :annoyed In the last 6 months we have had to top off oil three times despite oil changes by the deal...
by DartThrower
Tue Mar 19, 2019 11:26 am
Forum: Investing - Theory, News & General
Topic: Favorite investment quote
Replies: 73
Views: 3898

Re: Favorite investment quote

"... the CMH posits a conclusion that is both trivially obvious and remarkably sweeping: The mathematical expectation of the speculator is a loss equal to the amount of transaction costs incurred."

Bogle
by DartThrower
Wed Mar 13, 2019 2:08 am
Forum: Personal Investments
Topic: Thanks for 10 good years
Replies: 7
Views: 2674

Re: Thanks for 10 good years

Happy Bogleheads anniversary :D . Thanks rural. I've enjoyed reading your contributions over the years. Fifteen for me, although not to the day. Does that count time as part of the Vanguard Diehards? I knew of that group in the early 2000s but never became a member. Yesterday I joined the Boglehead...
by DartThrower
Tue Mar 12, 2019 5:26 am
Forum: Personal Investments
Topic: Thanks for 10 good years
Replies: 7
Views: 2674

Thanks for 10 good years

It's been 10 years (and a day) since I officially joined Bogleheads. Just wanted to say thanks to all for the great investment advice, good humor and plain old common sense. 10 years ago was the depths of the Great Recession, and many of us were having to resist the urge to panic and veer off course...
by DartThrower
Thu Feb 21, 2019 4:54 pm
Forum: Personal Investments
Topic: Anyone Using Vanguard Managed Payout Fund (VPGDX)?
Replies: 9
Views: 1509

Re: Anyone Using Vanguard Managed Payout Fund (VPGDX)?

The thought of it is intriguing given the bad reputation that many annuities have. But sadly VPGDX seems to have problems of its own based on Boglehead feedback. I am about 10 years away from needing a fund like this so I am hoping that some good product (either SPIA or fund) will become available b...
by DartThrower
Thu Feb 21, 2019 11:57 am
Forum: Personal Finance (Not Investing)
Topic: Best way to find a side hustle doing data analysis, statistics, SPSS, etc.
Replies: 10
Views: 1035

Re: Best way to find a side hustle doing data analysis, statistics, SPSS, etc.

Good thread. I will be in a similar situation soon. For people who are knowledgeable, what is the value of certification in the various languages mentioned? In my career there always seemed to be a trade-off between gaining fluency in various languages (SAS, R, Excel etc) and continuing to deepen on...
by DartThrower
Wed Feb 13, 2019 1:58 pm
Forum: Investing - Theory, News & General
Topic: Gordon Gekko on why fund managers can't beat the S&P 500
Replies: 6
Views: 1289

Re: Gordon Gekko on why fund managers can't beat the S&P 500

Stormbringer wrote:
Wed Feb 13, 2019 1:54 pm
hdas wrote:
Wed Feb 13, 2019 12:41 pm
Perhaps the best movie of all time?
Get dressed, I’ll show you my charts. G.G.
The Greed is Good speech was classic.
Yes, a classic, for lack of a better word.
:sharebeer
by DartThrower
Wed Feb 13, 2019 12:35 pm
Forum: Investing - Theory, News & General
Topic: Gordon Gekko on why fund managers can't beat the S&P 500
Replies: 6
Views: 1289

Re: Gordon Gekko on why fund managers can't beat the S&P 500

I'd have to disagree with the esteemed Mr Gecko. They might all look like sheep to him but I bet you'll find a wide variety of types managing funds. Some of them are sheep. Some of them are mavericks. Many have unique perspectives, methods and styles. Lots and lots of them are really smart too. And ...
by DartThrower
Thu Jan 31, 2019 9:40 am
Forum: Investing - Theory, News & General
Topic: It was a dip. Did you notice? The December drop is over.
Replies: 96
Views: 11933

Re: It was a dip. Did you notice? The December drop is over.

I started considering semi-retirement in the summer of 2018. The stock market dip in the fall tipped the scales in favor of staying at work. Besides, my employer pays me really well and they are having a hard time finding a replacement in this strong economy. So it's off to work I go (in 5 degree we...
by DartThrower
Fri Jan 18, 2019 3:00 pm
Forum: Investing - Theory, News & General
Topic: Alan Roth: 5 Investing Lessons
Replies: 28
Views: 2789

Re: Alan Roth: 5 Investing Lessons

Would keeping bonds simple include holding TIPS? One thing we have not had over the last 20 years is serious unexpected inflation. I am getting very close to retirement and something I hear a lot about is TIPS.
by DartThrower
Thu Jan 17, 2019 2:46 pm
Forum: Investing - Theory, News & General
Topic: Tributes to Jack Bogle
Replies: 158
Views: 16001

Re: Favorite quotes from Jack Bogle...an amazing man

CMH = Cost Matters Hypothesis. I think he may have meant this in a tongue-in-cheek way but it always stuck with me. The practical consequences to the investor of the EMH, whichever version you believe, are that costs matter! I also really like his quotes of famous authors. For instance regarding mar...
by DartThrower
Thu Jan 17, 2019 1:39 pm
Forum: Investing - Theory, News & General
Topic: "Jack Bogle and the Presidential Medal of Freedom"
Replies: 25
Views: 5134

Re: "Jack Bogle and the Presidential Medal of Freedom"

Perhaps now that Jack has passed his great work will be more recognized by society at large and he can be awarded this medal, albeit posthumously. Thank you Jack for all you have done for the American people!
by DartThrower
Wed Jan 16, 2019 5:02 am
Forum: Personal Consumer Issues
Topic: Meanings of probability
Replies: 11
Views: 1494

Re: Meanings of probability

it appears there are some people here that know a lot about probability. can anyone give me some good books for a layperson without lots of mathematical background to learn more about probability and statistics? ive always found the subject interesting. This book by Ian Hacking gets great reviews a...
by DartThrower
Tue Jan 15, 2019 9:45 pm
Forum: Personal Consumer Issues
Topic: Meanings of probability
Replies: 11
Views: 1494

Re: Meanings of probability

it appears there are some people here that know a lot about probability. can anyone give me some good books for a layperson without lots of mathematical background to learn more about probability and statistics? ive always found the subject interesting. Try the Cartoon Guide to Statistics for a sta...
by DartThrower
Tue Jan 15, 2019 4:38 pm
Forum: Personal Investments
Topic: Biggest Investment Mistake
Replies: 200
Views: 15724

Re: Biggest Investment Mistake

Back in the 80s I invested in a junk bond fund because its name was "High Yield Bond", and I thought that meant that the fund contained long duration bonds. I knew that the yield curve was usually upward sloping and that long duration bonds typically have higher yields. Lucky for me the fund did ext...
by DartThrower
Wed Jan 09, 2019 3:11 pm
Forum: Personal Finance (Not Investing)
Topic: Q: Which Site(s) Post Daily and Cumulative Banking Savings Account Rates Trends?
Replies: 4
Views: 265

Re: Q: Which Site(s) Post Daily and Cumulative Banking Savings Account Rates Trends?

depositaccounts.com has the best resources when it comes to savings account trends and rate updates, although I don't know if you can see the history for each specific bank Just curious, whatever happened to bankrate.com? I see depositaccounts.com mentioned a lot more these days. Any opinions on th...
by DartThrower
Wed Jan 09, 2019 11:32 am
Forum: Personal Finance (Not Investing)
Topic: Q: Which Site(s) Post Daily and Cumulative Banking Savings Account Rates Trends?
Replies: 4
Views: 265

Re: Q: Which Site(s) Post Daily and Cumulative Banking Savings Account Rates Trends?

depositaccounts.com has the best resources when it comes to savings account trends and rate updates, although I don't know if you can see the history for each specific bank Just curious, whatever happened to bankrate.com? I see depositaccounts.com mentioned a lot more these days. Any opinions on th...
by DartThrower
Mon Dec 31, 2018 4:27 pm
Forum: Investing - Theory, News & General
Topic: DFA says stick to your plan
Replies: 16
Views: 1941

Re: DFA says stick to your plan

Bogle's literal words: "A little extra caution should be the watchword". That doesn't sound like market timing to me although technically I suppose it is. His recent interview especially emphasized the implications of a falling market for investors who have short or intermediate term financial needs...
by DartThrower
Tue Dec 18, 2018 9:53 am
Forum: Personal Investments
Topic: Is anyone's portfolio not tanking???
Replies: 129
Views: 13459

Re: Is anyone's portfolio not tanking???

Count me among those whose portfolio has taken a hit. Whether you'd call it "tanking" or not is subjective and full of emotion. I'm down in total about 9% since the peak back in January. Like most Bogleheads I have expected this would happen some day and I feel I am mentally prepared for it as best ...
by DartThrower
Thu Dec 13, 2018 10:59 am
Forum: Investing - Theory, News & General
Topic: Is there any market that is not inflated?
Replies: 58
Views: 3934

Re: Is there any market that is not inflated?

This discussion is precisely why I say "A Boglehead can stay the course longer than the market can stay irrational". Which is a twist on Keynes' saying. Is the market inflated (another way of saying irrational)? Stay the course. Does nobody know nothin'? Stay the course. Do you have your investments...
by DartThrower
Wed Dec 12, 2018 2:16 pm
Forum: Personal Finance (Not Investing)
Topic: learning excel
Replies: 21
Views: 2140

Re: learning excel

There are a lot of videos on Youtube.com that address Excel. One website that provides instruction on a number of software products is lynda.com While lynda.com is a paid site it is sometimes available for free online by signing on using your local library card, check your local library's website t...
by DartThrower
Tue Nov 20, 2018 2:05 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Munis Increasingly Risky
Replies: 94
Views: 9539

Re: Larry Swedroe: Munis Increasingly Risky

So Meredith Whitney wasn't wrong, she was just early?
by DartThrower
Mon Nov 19, 2018 9:42 am
Forum: Investing - Theory, News & General
Topic: Vanguard’s Logo Design
Replies: 4
Views: 947

Re: Vanguard’s Logo Design

Maroon is one of the prominent colors of University of Pennsylvania (Jack Bogle's alma mater) I would wager it's either that or something nautical themed. Also because most other financial institutions choose some shade of blue would be reason enough to go in the other direction. That would be in l...
by DartThrower
Mon Nov 19, 2018 9:39 am
Forum: Investing - Theory, News & General
Topic: Vanguard’s Logo Design
Replies: 4
Views: 947

Re: Vanguard’s Logo Design

I don't really know why or if there's any symbolism involved, but I have grown to like it. It's dignified and stands out without being garish. It gives the feeling that the company has integrity, but hey I am probably way biased. The only color change I would approve of would be to Eagles green. :)
by DartThrower
Fri Nov 16, 2018 8:27 am
Forum: Investing - Theory, News & General
Topic: Vanguard lowering Admiral level to $3,000?
Replies: 227
Views: 20240

Re: Admiral share class for total world stock

It's interesting that the brand new Vanguard Global Credit Bond Fund has an Admiral Share class already (VGCAX).
by DartThrower
Sat Nov 10, 2018 5:26 pm
Forum: Investing - Theory, News & General
Topic: Vanguard lowering Admiral level to $3,000?
Replies: 227
Views: 20240

Re: Admiral share class for total world stock

Currently $15.1B of the $16.9B are in the ETF share class leaving $1.8B in the investor share class mutual fund. There's no way to predict what Vanguard will do but that's a relatively small amount and appears most investors are using the ETF. In a tax deferred account I'd just use Total Stock Mark...
by DartThrower
Sat Nov 10, 2018 10:34 am
Forum: Investing - Theory, News & General
Topic: Vanguard lowering Admiral level to $3,000?
Replies: 227
Views: 20240

Admiral share class for total world stock

Anyone have a guess as to when an admiral share class for this fund (VTWSX) might become available? Is it tied to reaching a certain threshold in total net assets? The current total net assets are almost $17b. I don't like paying more than 10 bp for any index fund.
Thanks.
by DartThrower
Sun Nov 04, 2018 6:50 am
Forum: Personal Consumer Issues
Topic: Migrating Win 10 to SSD
Replies: 14
Views: 1079

Re: Migrating Win 10 to SSD

Thanks to everyone for your thoughtful replies. The Bogleheads have come through again! I agree with this. I cloned my 1TB hard drive to a 500GB SSD. I was able to do this as I was using less than 500GB on the original drive. That said, I had to use Paragon to resize the drive partition as I imaged ...
by DartThrower
Sat Nov 03, 2018 6:32 am
Forum: Personal Consumer Issues
Topic: Migrating Win 10 to SSD
Replies: 14
Views: 1079

Migrating Win 10 to SSD

Hi fellow Bogleheads I'm looking for some good advice about transitioning my current Win 10 setup over to an SSD drive (on the same computer) for increased speed. My computer is a recent vintage (2014) Dell with both a 1TB spinning drive and an existing 120GB SSD drive that both work fine. The syste...
by DartThrower
Fri Oct 26, 2018 4:43 pm
Forum: Investing - Theory, News & General
Topic: Market irrationality
Replies: 35
Views: 4177

Re: Market irrationality

It's a market... it has a long term trend. The long term trend will not change, except perhaps in the short term, just to get you. The more it goes down the more shares you buy for the same dollar. Viva la crash. Irrationality is your friend. Perhaps. I don't mean to get all Keynesian on you but ne...
by DartThrower
Fri Oct 26, 2018 10:48 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 10774
Views: 1885970

Re: U.S. stocks in freefall

Another Friday morning, and another overnight session down ~1%. A couple of notes: > Markets don't like to bounce on Friday. There's a persistent momentum pattern at the end of the week. > Friday - Monday pattern in play > Still waiting for VIX to truly spike. Seems that >30 is the signal we are lo...
by DartThrower
Fri Oct 26, 2018 9:58 am
Forum: Investing - Theory, News & General
Topic: Market irrationality
Replies: 35
Views: 4177

Re: Market irrationality

It's a market... it has a long term trend. The long term trend will not change, except perhaps in the short term, just to get you. The more it goes down the more shares you buy for the same dollar. Viva la crash. Irrationality is your friend. Perhaps. I don't mean to get all Keynesian on you but ne...