Search found 19 matches

by scdevon
Fri Aug 10, 2018 9:57 am
Forum: Investing - Theory, News & General
Topic: The Bigger Story: Fidelity Expense Ratios
Replies: 98
Views: 12073

Re: The Bigger Story: Fidelity Expense Ratios

I think you'll see Vanguard follow Fidelity's fees lower, so i don't know if I would change fund families just yet if you're happy with Vanguard.
I have almost everything in FSTVX. .04% ER and it reliably yields 1.6%. I like that it follows the ^DWCF almost to the penny every day.
by scdevon
Sun Feb 25, 2018 6:05 pm
Forum: Investing - Theory, News & General
Topic: Warren Buffett Dislikes Bonds
Replies: 57
Views: 7786

Re: Warren Buffet Dislikes Bonds

jalbert wrote:
Sun Feb 25, 2018 2:30 pm
Companies like GE?
[/quote]

That's the beauty of a high quality, large cap diversified stock mutual fund. You can have a rotten egg in the basket sometimes and everything's still good.
by scdevon
Sun Feb 25, 2018 1:51 pm
Forum: Investing - Theory, News & General
Topic: Warren Buffett Dislikes Bonds
Replies: 57
Views: 7786

Re: Warren Buffet Dislikes Bonds

The DOW yields 2.53% (taxable) average at this stage of the game and it's unlikely that these 30 companies will ever fail to pay up. I'm in my early 50s and I've never gone anywhere near bonds. I keep a 1 to 2 year emergency fund and let the rest ride 100% in stocks. This system has never failed me ...
by scdevon
Sun Feb 04, 2018 4:00 pm
Forum: Personal Investments
Topic: Retired at 50. Staying 100% in stock Index Funds. Anyone else?
Replies: 153
Views: 18299

Re: Retired at 50. Staying 100% in stock Index Funds. Anyone else?

I guess I never looked upon a pension as a fixed income substitute for bonds because that's not really what it is. I view it as a sort of deferred paycheck that was part of an employment agreement between my employer and me when I was hired. Kind of like record royalties, etc. We didn't have the abi...
by scdevon
Sun Feb 04, 2018 2:44 pm
Forum: Personal Investments
Topic: Retired at 50. Staying 100% in stock Index Funds. Anyone else?
Replies: 153
Views: 18299

Re: Retired at 50. Staying 100% in stock Index Funds. Anyone else?

SimplicityNow wrote:
Sun Feb 04, 2018 2:27 pm
FRANK2009 wrote:
Sun Feb 04, 2018 12:31 pm
Here is a NY Times article by an economist that agrees with the OP:


https://www.nytimes.com/2016/02/13/your ... of-it.html
Here is one that doesn't.

http://www.fifthsetinvestment.com/dange ... ng-advice/
Both good reads. Thanks.
by scdevon
Sun Feb 04, 2018 2:44 pm
Forum: Personal Investments
Topic: Retired at 50. Staying 100% in stock Index Funds. Anyone else?
Replies: 153
Views: 18299

Re: Retired at 50. Staying 100% in stock Index Funds. Anyone else?

Chip wrote:
Sun Feb 04, 2018 2:37 pm
Fundamentals solid? You gotta be kidding me.

3 bank failures in 2007. 25 bank failures in 2008. 140 bank failures in 2009. 157 bank failures in 2010.

Yet we recovered and here we are. (?)

"The market is always right".
by scdevon
Sun Feb 04, 2018 2:41 pm
Forum: Personal Investments
Topic: Retired at 50. Staying 100% in stock Index Funds. Anyone else?
Replies: 153
Views: 18299

Re: Retired at 50. Staying 100% in stock Index Funds. Anyone else?

You ever going to address the parts about how would you invest or would've invested had you not had a secure career and pension now to cover your expenses? Apparently not. The whole topic is pretty pointless if only part of the data is considered in the discussion. I would not have been able to ret...
by scdevon
Sun Feb 04, 2018 2:13 pm
Forum: Personal Investments
Topic: Retired at 50. Staying 100% in stock Index Funds. Anyone else?
Replies: 153
Views: 18299

Re: Retired at 50. Staying 100% in stock Index Funds. Anyone else?

Shortly after retirement, the market begins a two-year slide where the total loss is 50%. After being retired two years, fearless now has a portfolio of $880,000 dollars (50% drop, $120k in withdrawals), after starting with $2,000,000. Yes, but none of those doom and gloom scenarios ever materializ...
by scdevon
Sun Feb 04, 2018 1:33 pm
Forum: Personal Investments
Topic: Buy Low, Don't Sell
Replies: 38
Views: 6406

Re: Buy Low, Don't Sell

Average in any sideline / dry powder money rather than jumping in all at once during market pullbacks. I've observed that stocks often have a double pullback. A selloff followed by a "sucker's rally", then a bigger selloff. Diving all in all at once can disappoint you when you see that new money imm...
by scdevon
Sun Feb 04, 2018 12:54 pm
Forum: Personal Investments
Topic: Retired at 50. Staying 100% in stock Index Funds. Anyone else?
Replies: 153
Views: 18299

Re: Retired at 50. Staying 100% in stock Index Funds. Anyone else?

I'm 100% stocks with paper investments (only 33 years old). Hope to always have that allocation. That's what I'm talking about. The "experts" say that you should be 70/30 right now. Can you honestly see yourself jumping 30% into bonds right now just because "that's what you're supposed to do"? At a...
by scdevon
Sun Feb 04, 2018 12:47 pm
Forum: Personal Investments
Topic: Retired at 50. Staying 100% in stock Index Funds. Anyone else?
Replies: 153
Views: 18299

Re: Retired at 50. Staying 100% in stock Index Funds. Anyone else?

The most dismal period of time I could find for buying and holding the S&P 500 was 1965 to 1983 where you would have been basically flat aside from dividends going into 1983. There was crazy inflation in the 1970s that could happen again, but unlikely. There were almost no Average Joe investors in t...
by scdevon
Sun Feb 04, 2018 11:56 am
Forum: Personal Investments
Topic: Retired at 50. Staying 100% in stock Index Funds. Anyone else?
Replies: 153
Views: 18299

Re: Retired at 50. Staying 100% in stock Index Funds. Anyone else?

OP doesn't seem to realize that their situation doesn't apply to very many folks out there and it's just not simple and easy for most to say, no bonds while retiring at 50. You really feel that's in touch with the majority of folks out there. OP didn't ask anything about their own situation and rea...
by scdevon
Sun Feb 04, 2018 11:41 am
Forum: Personal Investments
Topic: Retired at 50. Staying 100% in stock Index Funds. Anyone else?
Replies: 153
Views: 18299

Re: Retired at 50. Staying 100% in stock Index Funds. Anyone else?

Thanks for the input, everybody. I like Index funds because you can just sit there and let them do their thing. The current 1.6% yield is nice especially in a tax deferred account assuming a reasonably stable NAV. (Unlikely stable in the near term). Smarter people than me could have probably activel...
by scdevon
Sun Feb 04, 2018 11:17 am
Forum: Personal Investments
Topic: Retired at 50. Staying 100% in stock Index Funds. Anyone else?
Replies: 153
Views: 18299

Re: Retired at 50. Staying 100% in stock Index Funds. Anyone else?

I'm 40. I'm at 100% stock (60 US/40 International). I'm weird also. I get happy when the stock market goes up, but I'm also happy when the stock prices drop as I can get the sale. That's what I was looking for. Other aggressive "weirdos" who shrug off traditional asset allocation based on age group...
by scdevon
Sun Feb 04, 2018 11:02 am
Forum: Personal Investments
Topic: Retired at 50. Staying 100% in stock Index Funds. Anyone else?
Replies: 153
Views: 18299

Re: Retired at 50. Staying 100% in stock Index Funds. Anyone else?

Is the pension indexed for inflation? Will you get SS? Either way, I guess my question would be what are you investing for? The pension plan I'm in gets periodic COLA adjustments, but it isn't strictly indexed to inflation. I've gotten one small increase in 3 years. Yes, I will get SS and I plan to...
by scdevon
Sun Feb 04, 2018 10:37 am
Forum: Personal Investments
Topic: Retired at 50. Staying 100% in stock Index Funds. Anyone else?
Replies: 153
Views: 18299

Re: Retired at 50. Staying 100% in stock Index Funds. Anyone else?

Easy to recommend anything when all your living expenses are met already. I've taken a ~40% haircut before too like in 2008 so it hasn't always been a cake walk. There always seems to be a payoff for riding out stock market volatility and all bonds seem to accomplish for younger people is a boring ...
by scdevon
Sun Feb 04, 2018 10:16 am
Forum: Personal Investments
Topic: Retired at 50. Staying 100% in stock Index Funds. Anyone else?
Replies: 153
Views: 18299

Retired at 50. Staying 100% in stock Index Funds. Anyone else?

I've been investing since 1984. Current age is 53. I have a State Government Pension that covers all of my living expenses +. I'm used to volatility and I've ridden out several nasty market corrections and recessions and it always seems like I've come out ahead compared to a mixed stock / bond portf...
by scdevon
Thu Feb 01, 2018 7:48 pm
Forum: Investing - Theory, News & General
Topic: Debunking Buy and Hold strategy
Replies: 7
Views: 1275

Re: Debunking Buy and Hold strategy

Nobody can time the worst 10 days just like nobody can time the best 10 days of the market. If cash or other safe money makes someone sleep better at night, cash can be skimmed off or averaged out of a core position that remains 100% invested at all times.