Search found 200 matches

by guyesmith
Fri Jul 13, 2018 5:33 pm
Forum: Investing - Help with Personal Investments
Topic: Dave Ramsey made me laugh today
Replies: 63
Views: 7016

Re: Dave Ramsey made me laugh today

Dave doesn’t do bonds. He’s 100% stocks. His financial stability comes from his businesses and his rentals.
by guyesmith
Fri Jul 13, 2018 10:20 am
Forum: Investing - Theory, News & General
Topic: COMING SOON: BOGLEHEADS PODCASTS
Replies: 362
Views: 18355

Re: COMING SOON: BOGLEHEADS PODCASTS

Investing Like a Boglehead
by guyesmith
Thu Jul 12, 2018 1:43 pm
Forum: Investing - Help with Personal Investments
Topic: Where do you keep your Emergency Fund?
Replies: 50
Views: 5903

Re: Where do you keep your Emergency Fund?

Is there a better place to store it than in a Vanguard Money Market Fund? I just want to park it, don't want to have to move it multiple times. ... What do you do with your emergency fund? To answer your question based on your preference, no. I have my emergency fund in a Vanguard State Tax-exempt ...
by guyesmith
Thu Jul 12, 2018 1:40 pm
Forum: Investing - Theory, News & General
Topic: COMING SOON: BOGLEHEADS PODCASTS
Replies: 362
Views: 18355

Re: COMING SOON: BOGLEHEADS PODCASTS

+1 for Talking Bogleheads

+1 for Own The Market
by guyesmith
Thu Jul 12, 2018 1:17 pm
Forum: Investing - Theory, News & General
Topic: COMING SOON: BOGLEHEADS PODCASTS
Replies: 362
Views: 18355

Re: COMING SOON: BOGLEHEADS PODCASTS

MEDIOCRITY WINS: INVEST LIKE A BOGLEHEAD AND BE THE MARKET
by guyesmith
Thu Jul 12, 2018 1:15 pm
Forum: Investing - Theory, News & General
Topic: COMING SOON: BOGLEHEADS PODCASTS
Replies: 362
Views: 18355

Re: COMING SOON: BOGLEHEADS PODCASTS

Rick:

Does this fit your needs for somewhat edgy and short?

ABOVE AVERAGE INVESTING: BOGLEHEADS INVESTING ADVICE INSPIRED BY JACK BOGLE
by guyesmith
Thu Jul 12, 2018 1:14 pm
Forum: Investing - Theory, News & General
Topic: COMING SOON: BOGLEHEADS PODCASTS
Replies: 362
Views: 18355

Re: COMING SOON: BOGLEHEADS PODCASTS

The Bogleheads Way Podcast: Investing Advice Inspired by Jack Bogle Bogleheads Keep More Money Podcast Invest Every Penny Podcast: Boglehead Investing Advice Bogleheads Invest More Podcast Above Average Investing Podcast by Bogleheads for Bogleheads Rick: Two words is good for the main title, but yo...
by guyesmith
Tue Jul 03, 2018 2:20 pm
Forum: Investing - Help with Personal Investments
Topic: Need Your Feedback on 100% VTSAX
Replies: 39
Views: 4132

Re: Need Your Feedback on 100% VTSAX

lostdog wrote:
Mon Jul 02, 2018 12:52 pm
All U.S. Equity is a bad idea. Here is why:

https://www.youtube.com/watch?v=LwTHLtuToSY
Good video
by guyesmith
Sun Jul 01, 2018 6:17 am
Forum: Investing - Help with Personal Investments
Topic: What % of your equity is int’l?
Replies: 141
Views: 8576

Re: What % of your equity is int’l?

billthecat wrote:
Image
0%
by guyesmith
Sat Jun 30, 2018 8:24 pm
Forum: Investing - Help with Personal Investments
Topic: Feel like I'm sinking money into international
Replies: 100
Views: 11904

Re: Feel like I'm sinking money into international

I am with you on this, and have tilted towards US stocks for the past 5-6 years. This is personal preference but seems to have worked out for me thus far. However, I won't be surprised if the Int'l investing community has an "i told you so" moment in the near future :wink: FWIW, one of my favorite ...
by guyesmith
Thu Jun 28, 2018 10:21 pm
Forum: Personal Consumer Issues
Topic: Buy used or new Honda Odyssey - specific example
Replies: 26
Views: 2067

Re: Buy used or new Honda Odyssey - specific example

We drive a 2011 Toyota Sienna 120,000 miles. Doing well right now. Tossed between that and the Honda Odyssey and mostly went Sienna for all wheel drive. Live in the north. If you will definitely own the van for 10 years or more I think the case can be made for the new one. We drive older cars, 2011 ...
by guyesmith
Thu Jun 28, 2018 12:22 pm
Forum: Investing - Theory, News & General
Topic: Keep calm and Boglehead on!
Replies: 60
Views: 6023

Re: Keep calm and Boglehead on!

Head down, plow ahead. The stock market always goes up. But what if it doesn't? Past performance is not indicative of future results. What if we hit a multi-generation 'plateau', or worse, a historic bear market/recession? Food for thought :beer I think it is prudent to construct one’s retirement p...
by guyesmith
Thu Jun 28, 2018 8:34 am
Forum: Personal Finance (Not Investing)
Topic: How many months of living expenses would you keep in your bank.
Replies: 61
Views: 4314

Re: How many months of living expenses would you keep in your bank.

We run our living expenses checking account one month ahead (live on last months income). We have $1,000 in cash emergency savings in the safe. Might up that soon. Then the rest of our soon to be 6 month emergency savings in a Money Market Fund at Vanguard. 6 months is probably enough. Depends a lot...
by guyesmith
Thu Jun 28, 2018 8:23 am
Forum: Investing - Theory, News & General
Topic: Keep calm and Boglehead on!
Replies: 60
Views: 6023

Re: Keep calm and Boglehead on!

So much anxiety when a person listens to the media and the president. It's amazing how much impact a president can have on short-term markets. If you're only investing in the Total US Market it can be scary because you hear the noise. If you're diversified across the world though your diversificatio...
by guyesmith
Thu Jun 28, 2018 8:20 am
Forum: Investing - Theory, News & General
Topic: Keep calm and Boglehead on!
Replies: 60
Views: 6023

Re: Keep calm and Boglehead on!

Head down, plow ahead. The stock market always goes up.
by guyesmith
Wed Jun 27, 2018 3:04 pm
Forum: Investing - Theory, News & General
Topic: Opinion: Betterment Thinks We're Stupid
Replies: 17
Views: 3764

Re: Opinion: Betterment Thinks We're Stupid

Hmmm...Seems I'm a scrooge...lol
by guyesmith
Wed Jun 27, 2018 8:29 am
Forum: Investing - Theory, News & General
Topic: Opinion: Betterment Thinks We're Stupid
Replies: 17
Views: 3764

Opinion: Betterment Thinks We're Stupid

Have you seen Betterment's new 'no-jargon' video? https://www.youtube.com/watch?v=A-9II-zBq1k They present this as a 'no-jargon' way to teach their customers or future customers how to invest. My interpretation is they're treating us like we're stupid and unable to comprehend investment terms. Perha...
by guyesmith
Wed Jun 27, 2018 8:08 am
Forum: Personal Consumer Issues
Topic: 6 week minivan or SUV rental
Replies: 8
Views: 1072

Re: 6 week minivan or SUV rental

Toyota Sienna
by guyesmith
Sun Jun 24, 2018 1:38 pm
Forum: Investing - Theory, News & General
Topic: (VTI) Dividend Reinvestment in the ETF
Replies: 5
Views: 871

Re: (VTI) Dividend Reinvestment in the ETF

Is it better to not reinvest?
by guyesmith
Sun Jun 24, 2018 8:44 am
Forum: Personal Finance (Not Investing)
Topic: Compliments for Vanguard?
Replies: 40
Views: 3387

Re: Compliments for Vanguard?

Vanguard's privacy and security is excellent. They take it very seriously.
by guyesmith
Sun Jun 24, 2018 6:35 am
Forum: Personal Finance (Not Investing)
Topic: Compliments for Vanguard?
Replies: 40
Views: 3387

Re: Compliments for Vanguard?

I’m a new Vanguard customer this year.

Everytime I call I’m amazed how fast I get to talk to an actual person! For a company this humongous the short wait times are impressive.

And the reps are very helpful and always friendly never short and uninterested and never try to sell me.
by guyesmith
Fri Jun 22, 2018 10:16 am
Forum: Investing - Help with Personal Investments
Topic: Life Strategy Growth Fund, Target Fund, or Total Stock Market
Replies: 45
Views: 3019

Re: Life Strategy Growth Fund, Target Fund, or Total Stock Market

1. Choose the allocation that best meets your goals and pay taxes when you make money/incur gains.

Or, if you don't like paying taxes, stop making money and apply for Social Security.
by guyesmith
Fri Jun 22, 2018 10:12 am
Forum: Personal Finance (Not Investing)
Topic: What do you include in your grocery budget?
Replies: 36
Views: 1912

Re: What do you include in your grocery budget?

For people that say they split their categories, are you manually entering these from your receipts after each shopping trip? That seems like a lot of work. What do you do with that information that you couldn't do with the less granular visibility? YNAB allows me to enter transactions on my phone ...
by guyesmith
Fri Jun 22, 2018 9:35 am
Forum: Personal Finance (Not Investing)
Topic: What do you include in your grocery budget?
Replies: 36
Views: 1912

Re: What do you include in your grocery budget?

We have a master category: FOOD Under it we have two subcategories: GROCERIES and RESTAURANTS We only include food for those categories. Food. Period. Food. If we shop at a store that sells more than food we enter it as a split transaction. So for example, if I bought milk, eggs, and toilet paper, I...
by guyesmith
Thu Jun 21, 2018 2:14 pm
Forum: Investing - Help with Personal Investments
Topic: Feel like I'm sinking money into international
Replies: 100
Views: 11904

Re: Feel like I'm sinking money into international

I don't fully understand your dilemma. You said you began investing 25% in 2013. Yes, the US beat INTL in 2013, 2014, 2015, 2016 and currently in 2018. But have you looked at your 2017 returns? VTSAX (Total US) returned 21.17% and VTIAX (Total Intl) returned 27.55%.
by guyesmith
Thu Jun 21, 2018 2:05 pm
Forum: Investing - Help with Personal Investments
Topic: is Ed Jones always bad news?
Replies: 29
Views: 3616

Re: is Ed Jones always bad news?

Is Edward Jones always bad news? No. My brother uses Edward Jones and is very happy. He likes his CFP and he talks with him every year and as necessary to strategize. It's a good plan for him. He can say, "Hey, I have a goal to save for could you recommend a fund for me?" Most of the population is b...
by guyesmith
Thu Jun 21, 2018 10:18 am
Forum: Investing - Help with Personal Investments
Topic: Life Strategy Growth Fund, Target Fund, or Total Stock Market
Replies: 45
Views: 3019

Re: Life Strategy Growth Fund, Target Fund, or Total Stock Market

Make money. Pay taxes. Don't make money. Don't pay taxes.
by guyesmith
Wed Jun 20, 2018 9:05 pm
Forum: Personal Consumer Issues
Topic: Road trip Pennsylvania,Maryland,and DC
Replies: 97
Views: 5729

Re: Road trip Pennsylvania,Maryland,and DC

There are lots of small pockets of Amish communities in PA. I live in Punxsutawney and we have Amish buggies passing through all the time. 1-1/2 hours northeast of Pittsburgh. This isn’t the Amish Country you’re dreaming of though - if you want tourism go to Lancaster.
by guyesmith
Wed Jun 20, 2018 11:20 am
Forum: Personal Consumer Issues
Topic: Which Supermarket are you?
Replies: 155
Views: 9387

Re: Which Supermarket are you?

Delete
by guyesmith
Tue Jun 19, 2018 8:26 pm
Forum: Investing - Theory, News & General
Topic: General Electric booted from Dow Jones Industrial Average
Replies: 52
Views: 6603

Re: General Electric booted from Dow Jones Industrial Average

bob60014 wrote:
Tue Jun 19, 2018 8:04 pm
But Walgreens......?????
Walgreens is a big deal.
by guyesmith
Tue Jun 19, 2018 8:12 am
Forum: Personal Consumer Issues
Topic: Which Supermarket are you?
Replies: 155
Views: 9387

Re: Which Supermarket are you?

1. Aldi
2. Walmart
3. Local Amish Scratch 'n Dent
4. Shop 'n Save

I would shop at Trader Joe's if I had one in my community.

Did you know? Trader Joe's and Aldi - Same German Family!
by guyesmith
Mon Jun 18, 2018 8:14 pm
Forum: Investing - Theory, News & General
Topic: Which boglehead rule do you break--and are ok with
Replies: 152
Views: 12834

Re: Which boglehead rule do you break--and are ok with

msk wrote:
Mon Jun 18, 2018 6:41 am
FIBoston wrote:
Mon Jun 18, 2018 6:34 am
100% equities. yolo.
+1
+2
by guyesmith
Fri Jun 15, 2018 9:20 pm
Forum: Investing - Theory, News & General
Topic: Which boglehead rule do you break--and are ok with
Replies: 152
Views: 12834

Re: Which boglehead rule do you break--and are ok with

I have an actively managed fund in one of my IRAs. It's a PRIMECAP fund and PRIMECAP has slaughtered the market over the last 30 years. And as soon as I have enough saved up I'll have a balanced fund in my taxable brokerage account. This is for future car purchases and needs to be 60/40 rather than ...
by guyesmith
Wed Jun 13, 2018 10:17 am
Forum: Investing - Help with Personal Investments
Topic: Who uses the 3 fund portfolio ?
Replies: 112
Views: 19406

Re: Who uses the 3 fund portfolio ?

PhilosophyAndrew wrote:
Tue Jun 12, 2018 3:58 pm
I now use a three-fund portfolio after several decades investing in a one-fund portfolio consisting of VTSAX.
Why the transition?
by guyesmith
Tue Jun 12, 2018 8:20 pm
Forum: Investing - Help with Personal Investments
Topic: Who uses the 3 fund portfolio ?
Replies: 112
Views: 19406

Re: Who uses the 3 fund portfolio ?

You should be able to roll the SEP IRA into your traditional IRA, tax-free, with a trustee-to-trustee transfer. Ask your IRA provider (probably Vanguard?) how to do this. I rolled the SEP IRA to Vanguard from American Funds thinking it would become a traditional IRA. But it maintained the SEP label...
by guyesmith
Tue Jun 12, 2018 3:10 pm
Forum: Investing - Help with Personal Investments
Topic: Who uses the 3 fund portfolio ?
Replies: 112
Views: 19406

Re: Who uses the 3 fund portfolio ?

One fund right now for me. VTSAX. I still go back and forth on adding VTIAX or going all in for Total World, but at the moment I'm all Total US. Except...da da da...I do have an SEP IRA from an ex-employer that sits alone and is all PRIMECAP. Can't feed that IRA anymore so figure on leaving it sit ...
by guyesmith
Tue Jun 12, 2018 2:18 pm
Forum: Investing - Theory, News & General
Topic: What Experts Say About "Simplicity"
Replies: 21
Views: 29168

Re: What Experts Say About "Simplicity"

rec7 wrote:
Sun Dec 17, 2017 12:29 pm
Reminds me of a Boglehead that only had an account at Vanguard and a local credit union. Boy did that sound good so simple but yet so good.
This is what my wife and I do. Vanguard and local bank. That's it. Simple Simple Simple.
by guyesmith
Tue Jun 12, 2018 1:18 pm
Forum: Investing - Theory, News & General
Topic: Why has VGHAX expense ratio grown by 136% since 2005-6?
Replies: 6
Views: 864

Re: Why has VGHAX expense ratio grown by 136% since 2005-6?

My speculation is that as funds grow it IS more difficult to actively manage a mutual fund. Actively managed funds from what I can tell don't necessarily adhere to the same expense ratio rules and expectations as index funds. That being 'the more funds the lower the ER.' Sometimes they go up.
by guyesmith
Tue Jun 12, 2018 10:46 am
Forum: Investing - Help with Personal Investments
Topic: Who uses the 3 fund portfolio ?
Replies: 112
Views: 19406

Re: Who uses the 3 fund portfolio ?

One fund right now for me. VTSAX. I still go back and forth on adding VTIAX or going all in for Total World, but at the moment I'm all Total US. Except...da da da...I do have an SEP IRA from an ex-employer that sits alone and is all PRIMECAP. Can't feed that IRA anymore so figure on leaving it sit f...
by guyesmith
Fri Jun 08, 2018 2:34 pm
Forum: Personal Finance (Not Investing)
Topic: Why do we work?
Replies: 121
Views: 11109

Re: Why do we work?

Interesting thoughts. Thanks for asking. Why do I work? I work to take care of my family. Bigger than that though, I believe I was made to work. It's a gift and a blessing and a calling to be able to get up in the morning and produce. Plus I enjoy it (most of it). Even consider the feeling in your s...
by guyesmith
Thu Jun 07, 2018 2:18 pm
Forum: Investing - Theory, News & General
Topic: International Investing - a convincing argument by Fidelity
Replies: 6
Views: 1051

Re: International Investing - a convincing argument by Fidelity

Myth #2 Actually convinces me to be 100% US. If I'd had money in the stock market for 66 years why does volatility matter? I'll take the extra returns. From the article: International equity exposure may decrease portfolio risk over the long term 1950 to 2016 100% U.S. 100% Int'l 70% U.S./30% Int'l ...
by guyesmith
Thu Jun 07, 2018 2:07 pm
Forum: Investing - Theory, News & General
Topic: International Investing - a convincing argument by Fidelity
Replies: 6
Views: 1051

Re: International Investing - a convincing argument by Fidelity

I think the corollary to their "In any given year, the best performing stock market is usually outside the US" is something they didn't bother to mention "In any given year, the worst performing stock market is usually outside the US." True. The beauty and beast of broad market index funds. Buy the...
by guyesmith
Tue Jun 05, 2018 11:32 am
Forum: Investing - Theory, News & General
Topic: Best case to convert a Bogle skeptic?
Replies: 56
Views: 5330

Re: Best case to convert a Bogle skeptic?

...we have taken over management of his accounts (power of attorney, etc). Why rock this boat? You have power of attorney so you can do whatever you want. But if you love your dad and care about his wishes I suggest continuing to manage his money how he wishes. Someday when he passes away and you h...
by guyesmith
Sun May 27, 2018 7:26 pm
Forum: Investing - Theory, News & General
Topic: Theory: Total World Index a Sure Fire Win [VT/VTWSX]
Replies: 155
Views: 14668

Re: Theory: Total World Index a Sure Fire Win [VT/VTWSX]

Sector Weightings of VTSAX and VTWSX: VTSAX VTWSX Basic Materials 3.19 5.88 Consumer Cyclical 12.35 12.27 Financial Services 16.72 18.42 Real Estate 3.56 3.73 Communication 2.81 3.39 Energy 5.96 6.36 Industrials 11.10 11.35 Technology 21.07 16.91 Consumer Defensive 6.77 8.02 Healthcare 13.55 10.66 ...
by guyesmith
Sat May 26, 2018 7:28 pm
Forum: Investing - Theory, News & General
Topic: The Savings Rate Grid
Replies: 47
Views: 7036

Re: The Savings Rate Grid

snarlyjack wrote:
Sat May 26, 2018 7:11 pm
The Savings Rate Grid
by fourpillarfreedom.

This is a excellent set of grid's that can help you achieve fire (retirement).

Enjoy...

http://www.fourpillarfreedom.com/the-savings-rate-grid/
Neat! Helps me see why I’ll be working till 70! :o
by guyesmith
Sat May 26, 2018 2:20 pm
Forum: Investing - Theory, News & General
Topic: Theory: Total World Index a Sure Fire Win [VT/VTWSX]
Replies: 155
Views: 14668

Re: Theory: Total World Index a Sure Fire Win [VT/VTWSX]

Yes. That's the essence of my 'sure fire win' theory. The investor will ALWAYS be investing in the best companies in the best countries. Currently that's roughly 55% North America and 45% World ex-US, with 11% or so being in emerging markets. Well Messrs. French and Fama tell us that there is somet...
by guyesmith
Sat May 26, 2018 6:45 am
Forum: Investing - Theory, News & General
Topic: Theory: Total World Index a Sure Fire Win [VT/VTWSX]
Replies: 155
Views: 14668

Re: Theory: Total World Index a Sure Fire Win [VT/VTWSX]

Sector Weightings of VTSAX and VTWSX: VTSAX VTWSX Basic Materials 3.19 5.88 Consumer Cyclical 12.35 12.27 Financial Services 16.72 18.42 Real Estate 3.56 3.73 Communication 2.81 3.39 Energy 5.96 6.36 Industrials 11.10 11.35 Technology 21.07 16.91 Consumer Defensive 6.77 8.02 Healthcare 13.55 10.66 ...
by guyesmith
Fri May 25, 2018 12:53 pm
Forum: Investing - Theory, News & General
Topic: Theory: Total World Index a Sure Fire Win [VT/VTWSX]
Replies: 155
Views: 14668

Re: Theory: Total World Index a Sure Fire Win [VT/VTWSX]

+1 If confiscation happened in the US you better have a fully stocked doomsday prepper pantry - ‘cause der ain’t nobody carrying cash worth any value. Confiscation doesn't mean jack-booted thugs will come to your door and take your stuff. The gentleman's way to confiscate is taxes. In 1932 the top ...
by guyesmith
Fri May 25, 2018 11:53 am
Forum: Investing - Theory, News & General
Topic: Theory: Total World Index a Sure Fire Win [VT/VTWSX]
Replies: 155
Views: 14668

Re: Theory: Total World Index a Sure Fire Win [VT/VTWSX]

Well some people have argued instead that you can mitigate deep risk (such as that of confiscation) precisely by international diversification... http://awealthofcommonsense.com/2017/02/deep-risk-under-president-trump/ Risk of confiscation of assets is probably lowest in the US across the world. By...