Search found 390 matches

by averagedude
Wed Jan 16, 2019 8:48 pm
Forum: Investing - Theory, News & General
Topic: The Bogle Rule
Replies: 23
Views: 3755

Re: The Bogle Rule

Rick, i really like your podcasts and appreciate everything you do for educating small investors like me. It really makes me angry when i think of financial advisors giving advice that is in the best interest of their wallets instead of their clients. With that being said, maybe the libertarian in m...
by averagedude
Wed Jan 16, 2019 5:55 pm
Forum: Investing - Theory, News & General
Topic: John Bogle has died at age 89
Replies: 783
Views: 36673

Re: John Bogle is dead at 89

If there is ever a Mount Rushmore for the greatest investors in history, John Bogle's head would be carved in the granite.
by averagedude
Sun Jan 13, 2019 12:05 pm
Forum: Investing - Help with Personal Investments
Topic: Biggest Investment Mistake
Replies: 164
Views: 11031

Re: Biggest Investment Mistake

Sometimes making an investment mistake is a good thing. Failing the first time you tried to time the market as a young investor would be a good thing because you would never do it again.
by averagedude
Sun Jan 13, 2019 11:43 am
Forum: Investing - Theory, News & General
Topic: How to use Vanguard Portfolio Watch for rebalancing
Replies: 100
Views: 61815

Re: How to use Vanguard Portfolio Watch for rebalancing

I love this tool from Vanguard, and i look at it just about everytime i visit their website. It isn't perfect, as i have to substitute some of my funds with what this tool will recognize. Just like you Livesoft, I see alot of considers and cautions.
by averagedude
Sun Jan 13, 2019 11:27 am
Forum: Investing - Theory, News & General
Topic: Emerging markets cannot be fairly valued and investors are better off elsewhere: Change my mind :)
Replies: 128
Views: 7355

Re: Emerging markets cannot be fairly valued and investors are better off elsewhere: Change my mind :)

Just a couple of thoughts that i have. 1. As already mentioned heavily, hasn't the market already priced in this additional risk? 2. In a cap weighted index, isn't it in the best interest of these large emerging market companies to give honest accounting information to investors, knowing that their ...
by averagedude
Sun Jan 13, 2019 10:54 am
Forum: Investing - Help with Personal Investments
Topic: 95% of my taxable acct is VTIAX international. Bad idea?
Replies: 6
Views: 836

Re: 95% of my taxable acct is VTIAX international. Bad idea?

Since it appears you probably have less than $30000 in this account, i would leave it. You may find a time in the future where you have maxed out on your retirement accounts, receive an inheritance, or some other windfall where you can add new money in your taxable account and you can diversify this...
by averagedude
Sun Jan 13, 2019 9:41 am
Forum: Investing - Help with Personal Investments
Topic: Fidelity Zero Funds
Replies: 33
Views: 1916

Re: Fidelity Zero Funds

I am biased to Vanguard, but i believe this zero fund will closely match its benchmark over the long haul to within 10 basis points. Im sure they have computer model programs that can closely match the benchmark without actually perfectly buying the underlying security's.
by averagedude
Sun Jan 13, 2019 9:27 am
Forum: Investing - Theory, News & General
Topic: pros and cons of target date funds?
Replies: 63
Views: 7567

Re: pros and cons of target date funds?

I don't use target dated funds but i believe they are the best choice for novice investors. The beauty of these funds is that you need to know nothing about investing, you never need to tend to it, you don't have to pay asset under management fees, your money is invested in a reasonable aporoach, an...
by averagedude
Sun Jan 13, 2019 8:52 am
Forum: Investing - Help with Personal Investments
Topic: 401k Investment options
Replies: 10
Views: 658

Re: 401k Investment options

Many ways to slice and dice, but my recommendations are to use these 6 funds. This would be a boglehead type portfolio with 20% bonds and a 60/40 split between US and International. 33% VFIAX Vanguard 500 index fund. 0.04% 10% VIMAX Vanguard mid cap index. 0.05 5% VSMAX Vanguard small cap index. 0.0...
by averagedude
Fri Jan 11, 2019 6:24 pm
Forum: Investing - Help with Personal Investments
Topic: CD at 2.70 APR - 1, 2 or 3 years?
Replies: 21
Views: 2558

Re: CD at 2.70 APR - 1, 2 or 3 years?

Assuming you may need the money in three years, if you think interest rates will go up i would go with a 1 year CD. If you think rates are going to go down due to a recession, i would go with a total bond fund. Determining where interest rates will be in the future is a crap shoot where no one reall...
by averagedude
Fri Jan 11, 2019 9:18 am
Forum: Investing - Help with Personal Investments
Topic: Biggest Investment Mistake
Replies: 164
Views: 11031

Re: Biggest Investment Mistake

1. Investing too heavily in company stock.
2. Procrastinated a couple years before contributing to a 401k fund.
3. Substituted the megellen fund for the 500 index fund for several years.
Then a bunch of small mistakes, a couple i continue to make today.
by averagedude
Tue Jan 08, 2019 9:47 pm
Forum: Investing - Help with Personal Investments
Topic: Investments for super simplicity
Replies: 6
Views: 377

Re: Investments for super simplicity

Its reasonable, but your percentage in international stocks will be in the teens and you may be heavier in equities for your risk tolerance. If you are comfortable with this, stick with it. Also i think it would be better to have your total stock market in ROTH's and your target dated funds in tradi...
by averagedude
Tue Jan 08, 2019 9:09 pm
Forum: Investing - Help with Personal Investments
Topic: How do I buy gold?
Replies: 55
Views: 3556

Re: How do I buy gold?

I dont have any gold, but if i was making it part of my portfolio i would buy the etf (GLD). Makes it real easy to rebalance. Also the big problems with physical gold is the bid/ask spread and storing it. If you are planning on holding it for less than 5 years, having physical gold makes no sense be...
by averagedude
Tue Jan 08, 2019 8:49 pm
Forum: Personal Consumer Issues
Topic: Recommendations for a 9mm handgun
Replies: 171
Views: 12583

Re: Recommendations for a 9mm handgun

9mm is a great caliber choice. The glocks may not have the best appearance, but they are simple, reliable, and easy to clean. I highly recommend them.
It would be a good idea to see which gun fits your hand best.
by averagedude
Sun Jan 06, 2019 8:59 pm
Forum: Personal Consumer Issues
Topic: Strategies to combat or justify lifestyle creep
Replies: 70
Views: 5255

Re: Strategies to combat or justify lifestyle creep

Me personally i always put alot of thought into making a big purchase and i also make out a yearly spending plan on January 1. These are some questions we ask ourselves. 1. Will this purchase hinder us from accomplishing our short and long term written goals? 2. Will this purchase add value to our l...
by averagedude
Sun Jan 06, 2019 5:05 pm
Forum: Personal Finance (Not Investing)
Topic: Are we at "Peak FI"?
Replies: 93
Views: 9856

Re: Are we at "Peak FI"?

I believe FIRE is here to stay for intelligent high wage earners that make it their goal, but most will not be retiring in their thirties like they think. Alot of these people are choosing not to have as many children if at all. They also are aware how possible it is to do it if they control the big...
by averagedude
Sun Jan 06, 2019 4:22 pm
Forum: Personal Finance (Not Investing)
Topic: Should I pay more than the minium on my mortgage?
Replies: 39
Views: 5191

Re: Should I pay more than the minium on my mortgage?

If your contribution to your retirement funds is 100% stocks, i wouldn't pay the mortage off early. If you are contributing heavy in bonds, i would be using that money to pay off your mortage earlier.
by averagedude
Sun Jan 06, 2019 9:47 am
Forum: Personal Consumer Issues
Topic: Who pays for apps?
Replies: 42
Views: 2473

Re: Who pays for apps?

I bought an app one time in my life for under 4 dollars. I had a free podcast app that kept running video advertisements. I was on a data plan and this app was draining my data. Im like you that i hate paying for something and my favorite 4 letter word is FREE!
by averagedude
Sun Jan 06, 2019 9:02 am
Forum: Investing - Theory, News & General
Topic: Long bonds and duration risk and market efficiency
Replies: 47
Views: 2188

Re: Long bonds and duration risk and market efficiency

I do believe that bond market pricing is efficient, but the future interest rates are unknowable, thus the returns are not going to match the pricing. It appears that the bond market is telling us that future inflation rates are going to be low and there is information and data that can support this...
by averagedude
Sun Jan 06, 2019 8:15 am
Forum: Personal Finance (Not Investing)
Topic: $40,000 in debt, bankruptcy seems to be the best option right now
Replies: 258
Views: 20207

Re: $40,000 in debt, bankruptcy seems to be the best option right now

Your situation is typical as you have too much house and car. Alot of great advice on this forum and i second that Dave Ramsey and MMM are great resources and they will be way tougher on you than the boglehead community has been. You need to discover what your top priorities are, develop a reasonabl...
by averagedude
Sun Jan 06, 2019 7:40 am
Forum: Personal Finance (Not Investing)
Topic: What Do You Spend The Most On Annually?
Replies: 158
Views: 8235

Re: What Do You Spend The Most On Annually?

Middle income dink household top three expenses:
1. Retirement savings
2. Federal, state, and social security taxes.
3. Food/dining
by averagedude
Thu Jan 03, 2019 10:47 pm
Forum: Investing - Theory, News & General
Topic: What are some critiques of passive investing/index funds?
Replies: 75
Views: 5674

Re: What are some critiques of passive investing/index funds?

The critique I hear from a good friend of mine is that she outperforms the market by picking stocks. It is hard for me to argue with her since she has indeed out-performed pretty consistently for the last 15 or so years, both annually and cumulatively. Me, I am a passive index investor and happy wi...
by averagedude
Wed Jan 02, 2019 8:45 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard Returns Extremely Disappointed
Replies: 44
Views: 5041

Re: Vanguard Returns Extremely Disappointed

Classic investment mistake. Performance chasing. If you go back to Wellington, don't be surprised if it starts underperforming.
by averagedude
Wed Dec 19, 2018 5:51 pm
Forum: Investing - Theory, News & General
Topic: Bull market is over, run for cover says Alan Greenspan
Replies: 41
Views: 6108

Re: Bull market is over, run for cover says Alan Greenspan

Sure is alot of fear and pessimism about the stock market. That means 2019 should be a great year.
by averagedude
Sun Dec 16, 2018 9:47 am
Forum: Personal Finance (Not Investing)
Topic: Amica Auto Insurance Increase In CA
Replies: 4
Views: 452

Re: Amica Auto Insurance Increase In CA

You can always check rates with other insurers. If Amica is only slightly higher, i would stick with them. If you have a claim, they treat you much better than average. This can be just as important as the premium.
by averagedude
Sun Dec 16, 2018 9:40 am
Forum: Personal Finance (Not Investing)
Topic: Affordable Care Act and subsidies
Replies: 24
Views: 1788

Re: Affordable Care Act and subsidies

bob60014 wrote:
Sun Dec 16, 2018 8:04 am
Unless there is a reason for you maintaining the $53k limit, the 2019 income limit for a subsidy for a family of two is around $65,800 if I recall. You have quite a bit of wiggle room here before not qualifying.
This information is correct. Why are you focused on 53k?
by averagedude
Sun Dec 16, 2018 12:27 am
Forum: Investing - Help with Personal Investments
Topic: Roth IRA lump sum at start of 2019 or DCA throughout the year?
Replies: 5
Views: 576

Re: Roth IRA lump sum at start of 2019 or DCA throughout the year?

I would lump sum it in. Two thirds of the time it is more successful. I would take the odds instead of trying to time the market.
by averagedude
Sat Dec 15, 2018 8:33 am
Forum: Investing - Theory, News & General
Topic: December "Bogleheads on Investing" podcast with guest Christine Benz now available
Replies: 16
Views: 1943

Re: December "Bogleheads on Investing" podcast with guest Christine Benz now available

I've enjoyed the podcasts Rick. You have had a stellar lineup of guests and am looking forward to future episodes.
by averagedude
Fri Dec 14, 2018 8:41 pm
Forum: Investing - Help with Personal Investments
Topic: Retiring next year, would appreciate some advice
Replies: 30
Views: 2970

Re: Retiring next year, would appreciate some advice

Do you work for Johnson and Johnson? A dividend aristocrat that is a solid company with a track record of solid earnings. A company that has performed well in the past and can see no reason why it won't continue in the future. I would sell and diversify. Concentration can help you become rich, but d...
by averagedude
Fri Dec 14, 2018 8:30 pm
Forum: Personal Consumer Issues
Topic: Should I buy a Tesla?
Replies: 123
Views: 6049

Re: Should I buy a Tesla?

You got the income to buy a Tesla, however i would suggest you keep buying beater cars only because you are 26 years old. Age is a big factor when you are factoring in opportunity costs of spending a large amount of money. Since you are so young, i would recommend that you write down a list of goals...
by averagedude
Fri Dec 14, 2018 5:55 pm
Forum: Investing - Theory, News & General
Topic: Ditch your index funds --- riiiiight
Replies: 8
Views: 1484

Re: Ditch your index funds --- riiiiight

I hope some investors heed this warning. This will help keep markets efficient. Only a small portion of investors need to be active in order for markets to remain efficient. Index funds' ownership of equities is still under 50% of U.S. stocks Active management isn't going away. Of course active man...
by averagedude
Fri Dec 14, 2018 5:46 pm
Forum: Investing - Theory, News & General
Topic: Ditch your index funds --- riiiiight
Replies: 8
Views: 1484

Re: Ditch your index funds --- riiiiight

I hope some investors heed this warning. This will help keep markets efficient.
by averagedude
Thu Dec 13, 2018 5:31 am
Forum: Personal Consumer Issues
Topic: Is a New Car Okay if Driven 15+ Years?
Replies: 91
Views: 7441

Re: Is a New Car Okay if Driven 15+ Years?

The last 2 vehicles i bought were 10 years old when i bought them, and i put another 10 years on them. Ive spent $9500 on vehicles over the last 20 years which breaks down to $475 a year. My maintenance costs are around $500 a year. I contribute this as the top reason that my retirement accounts are...
by averagedude
Wed Dec 12, 2018 10:30 pm
Forum: Investing - Theory, News & General
Topic: Is there any market that is not inflated?
Replies: 58
Views: 3790

Re: Is there any market that is not inflated?

International, oil, gold, and commodities just to name a few.
by averagedude
Wed Dec 12, 2018 8:07 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard Junk Bond fund
Replies: 79
Views: 8740

Re: Vanguard Junk Bond fund

Nothing wrong with the Vanguard high yield fund. I would just make it a small part of your bond allocation. When there is a bear market in stocks, you will probably have to put more money in it when you rebalance, if rebalancing is part of your strategy.
by averagedude
Wed Dec 12, 2018 8:01 pm
Forum: Investing - Theory, News & General
Topic: In defense of Hedge Funds
Replies: 22
Views: 1813

Re: In defense of Hedge Funds

Remember that when someone is trying to promote an investing strategy, they always pick the best start and end dates. As far as hedge funds are concerned, Warren Buffett made a bet that the Standard and Poor 500 index would beat a basket of hedge funds over a long period of time and he won the bet d...
by averagedude
Wed Dec 12, 2018 7:55 pm
Forum: Personal Finance (Not Investing)
Topic: learning excel
Replies: 21
Views: 2086

Re: learning excel

I had a manager that was a whiz on excel and used it several hours a day for his job. He told me he knew nothing about it, but learned it by getting the book "excel for dummies" and invested a good amount of time with this book. Like everything in life, if you have average intelligence you are going...
by averagedude
Wed Dec 12, 2018 7:47 pm
Forum: Investing - Help with Personal Investments
Topic: I'm going to do it? [Transfer to Vanguard]
Replies: 15
Views: 1991

Re: I'm going to do it?

I would suggest that you consider a higher allocation to international stocks. Your stock allocation only has about 7% in foreign.As long as you are comfortable with being massively overweight to US stocks this portfolio is fine. Ask yourself, if over the next decade if international has 10% annuali...
by averagedude
Wed Dec 12, 2018 6:43 pm
Forum: Investing - Theory, News & General
Topic: Recession Coming
Replies: 56
Views: 7311

Re: Recession Coming

No recession is coming. Haven't all of you people heard the Warren Buffett quote that "be fearful when others are greedy and be greedy when others are fearful. If you follow the headlines it seems everyone is fearful, so it isn't going to happen. Everyone talks how 2018 was a terrible year. Well lad...
by averagedude
Wed Dec 12, 2018 6:26 pm
Forum: Investing - Theory, News & General
Topic: Our mentor [Jack Bogle] advises to "buy bonds" for protection in current market
Replies: 61
Views: 6088

Re: Our mentor advises to "buy bonds" for protection in current market

What the "man that has done more for the individual investor than anyone" is not saying to sell your equities and buy bonds like the headline would suggest. If you read between the lines he is saying to make sure that your asset allocation is within your risk tolerance and is also age appropriate du...
by averagedude
Tue Dec 11, 2018 8:39 pm
Forum: Investing - Help with Personal Investments
Topic: CD's safer than Bond Funds?
Replies: 15
Views: 1817

Re: CD's safer than Bond Funds?

Depends on what type of bond fund it is. Bonds that aren't 100% government have credit risk. Also bonds that have a long duration carry interest rate risks.
by averagedude
Tue Dec 11, 2018 8:28 pm
Forum: Personal Consumer Issues
Topic: Donate to homeless?
Replies: 84
Views: 4093

Re: Donate to homeless?

Where i live, there are signs at some intersections that say no soliciting and has a number for these people to call if they need help. There is help available (food,clothing,shelter) for these people if they are 100% capable and willing to get themselves out of their situation.
by averagedude
Tue Dec 11, 2018 8:22 pm
Forum: Investing - Theory, News & General
Topic: What Happened to you during the Financial crisis of 2007–2008
Replies: 249
Views: 20298

Re: What Happened to you during the Financial crisis of 2007–2008

I was in my late 30s and was 100% stocks. I viewed it as an opportunity and increased my percentage in our 401ks and continued on with my life. We were fortunate that neither of us lost our jobs like so many other people did. We had a moderate to high savings rate, was close to paying off our home, ...
by averagedude
Mon Dec 10, 2018 6:32 pm
Forum: Personal Finance (Not Investing)
Topic: What if you reach your number before retirement?
Replies: 22
Views: 3646

Re: What if you reach your number before retirement?

Assuming you have a strong conviction that it is best to be an owner instead of a loaner, it is best that you always have a plan where you always have at least 25% in equities.
by averagedude
Mon Dec 10, 2018 6:22 pm
Forum: Personal Finance (Not Investing)
Topic: $234/mo Bronze HMO vs $290/mo Bronze HMO HSA-eligible medical insurance plan?
Replies: 8
Views: 821

Re: $234/mo Bronze HMO vs $290/mo Bronze HMO HSA-eligible medical insurance plan?

If you are healthy and you believe you will stay that way (nobody knows), I would go with the HSA eligible plan. Rarely many say this, but an HSA for a young person is a better investment vehicle than any IRA or 401k plan after you have taken advantage of the match. This only applies if you are usin...
by averagedude
Mon Dec 10, 2018 6:11 pm
Forum: Investing - Help with Personal Investments
Topic: Buying opportunity?
Replies: 2
Views: 419

Re: Buying opportunity?

If you are young, it is best to invest as you have the funds. Waiting for a good time or dollar cost averaging because you are concerned about the markets during your investing career will more than likely leave you with less money after a long time horizon.
by averagedude
Mon Dec 10, 2018 5:56 pm
Forum: Investing - Theory, News & General
Topic: Article: Your love of index funds is terrible for our economy
Replies: 62
Views: 7341

Re: Article: Your love of index funds is terrible for our economy

Came home from work and went to marketwatch and read this article. I thought to myself how this would be a good article for bogleheads to read and when i came to this website i seen this post right here. What a crock article from the author. There was a comment on there from a guy named John Hooge t...
by averagedude
Mon Dec 10, 2018 12:52 am
Forum: Investing - Theory, News & General
Topic: Who is buying SCV, EM, Intl SC
Replies: 41
Views: 2768

Re: Who is buying SCV, EM, Intl SC

New money in my Roth in January will be going into Developed, EM, and exUS small cap.
by averagedude
Sun Dec 09, 2018 10:36 pm
Forum: Investing - Help with Personal Investments
Topic: 20M Inheritance - What is best option for small/no risk on principal?
Replies: 93
Views: 12065

Re: 20M Inheritance - What is best option for small/no risk on principal?

What do people here think of hiring a JP Morgan, Morgan Stanley, Goldman Sachs type wealth adviser? Clearly that makes no sense if you don't have enough to benefit from their full suite of services (access to alternative investments, estate/tax planning, legal advice, customer service, etc.), but o...