Search found 410 matches

by Ferdinand2014
Mon Jul 15, 2019 6:30 pm
Forum: Personal Investments
Topic: Poor financial advisor performance
Replies: 39
Views: 1940

Re: Poor financial advisor performance

Wow. Thanks for all the replies. First, I’d like to say that the performance number (5.2%) is NET of all fees. Secondly, my portfolio DOES include foreign stock mutual funds (DFA) and they’ve been dogs. The 60/40 benchmark does not. It is 60% S&P 500 and 40% Barclays Aggregate Bond. The funds that ...
by Ferdinand2014
Sun Jul 14, 2019 7:44 pm
Forum: Investing - Theory, News & General
Topic: A 1971 report on investing for retirement
Replies: 2
Views: 1093

Re: A 1971 report on investing for retirement

I'm not saying anything here is dramatically different from today. I am certainly not saying a software engineer retiring in 2019 should invest the same way as a farmer retiring in 1971. Nor does this article provide detailed portfolio examples. Nope, nothing about factor tilts here! However, I tho...
by Ferdinand2014
Sun Jul 14, 2019 7:31 pm
Forum: Personal Investments
Topic: Total World Stock only large cap in US part
Replies: 14
Views: 829

Re: Total World Stock only large cap in US part

The investment strategy page of Total World Stock (VT) reads: The fund employs a “passive management”—or indexing—investment approach designed to track the performance of the FTSE Global All Cap Index, a free-float-adjusted, market-capitalization-weighted index designed to measure the market perfor...
by Ferdinand2014
Sun Jul 14, 2019 6:41 pm
Forum: Personal Investments
Topic: Total World Stock only large cap in US part
Replies: 14
Views: 829

Re: Total World Stock only large cap in US part

No. It is not something to be concerned about.
by Ferdinand2014
Sat Jul 13, 2019 8:16 pm
Forum: Personal Investments
Topic: Am I holding too much cash?
Replies: 30
Views: 3758

Re: Am I holding too much cash?

38 y.o. with 1st child coming soon. Sitting on ~$150k cash (most of it earning around 2.15% blended interest) and ~$192k in investment/retirement accounts. I am maxing out workplace retirement accounts, so assuming no major market decline, probably looking to end the year at around $160k cash and $...
by Ferdinand2014
Sat Jul 13, 2019 1:15 pm
Forum: Personal Finance (Not Investing)
Topic: Cash - Throw it all on the table!!!
Replies: 145
Views: 22532

Re: Cash - Throw it all on the table!!!

My problem with cash over the years is at times I appreciate it, understand it does not grow much, but provides peace of minds nd hopefully keeps up with inflation. The old saying "cash is king". The flip side it I don't care for the extra account, managing it, simplicity, and would prefer to keep ...
by Ferdinand2014
Sat Jul 13, 2019 12:52 pm
Forum: Personal Finance (Not Investing)
Topic: Would Love Some Guidance On An Umbrella Policy
Replies: 28
Views: 1821

Re: Would Love Some Guidance On An Umbrella Policy

Hi friends. I'm interested in getting an umbrella policy but given I live in a city and don't own a car, it's been tough finding a policy. State Farm will offer me an umbrella policy if I also get non-owner auto insurance and renter's insurance. I'm unclear how much I should get for the policy and ...
by Ferdinand2014
Fri Jul 12, 2019 11:41 pm
Forum: Personal Investments
Topic: Why Shouldn't I Switch to Low Carbon/Fossil Fuel Free Index Funds
Replies: 43
Views: 1989

Re: Why Shouldn't I Switch to Low Carbon/Fossil Fuel Free Index Funds

Probably a little late to this game, but I didn't see very many posts about this topic, and looking for some counter-arguments. Besides a slightly higher cost (which is unfortunate), it seems like ETFs which exclude either fossil fuel reserves or carbon intensive industries or both from the otherwi...
by Ferdinand2014
Fri Jul 12, 2019 6:06 pm
Forum: Personal Investments
Topic: Which Portfolio is best for me? Core 4 vs 3 Fund vs Swensen?
Replies: 14
Views: 990

Re: Which Portfolio is best for me? Core 4 vs 3 Fund vs Swensen?

So Buffet is 100% S&P 500? And you are that for the long haul? What is the name of that Swensen book, thank you? Regarding Bonds allocation...if I go TOTAL BONDS does that cover me in place of TIPS + Bonds as you discussed? This is great, thank you for your help. Buffets recommendation for the aver...
by Ferdinand2014
Fri Jul 12, 2019 5:01 pm
Forum: Personal Investments
Topic: Which Portfolio is best for me? Core 4 vs 3 Fund vs Swensen?
Replies: 14
Views: 990

Re: Which Portfolio is best for me? Core 4 vs 3 Fund vs Swensen?

That is a great question, I guess the Swensen to me is Total Stock 30% International 15% Emerging 5% Bonds 30% REITS 20% So a bit more exposure to Real Estate, small position in Emerging. Gosh, the more I look at that, the more I like it. This is so hard, I'm really the worst kind of person to make...
by Ferdinand2014
Fri Jul 12, 2019 6:37 am
Forum: Investing - Theory, News & General
Topic: Three most important elements of investment success
Replies: 67
Views: 5392

Re: Three most important elements of investment success

Complexity is the mother of simplicity. The more I read on Bogleheads about the optimal blend of 37 different factors in a portfolio, the more I'm reminded that none of that matters to your success. The three key elements of investment success are: 1) Spend below your means and save the excess. 2) ...
by Ferdinand2014
Wed Jul 10, 2019 7:49 pm
Forum: Investing - Theory, News & General
Topic: Buffet says no to bonds - recommends equities and cash
Replies: 91
Views: 13825

Re: Buffet says no to bonds - recommends equities and cash

My IPS is enough cash (T-Bills) to sleep well and everything else in low cost S&P 500 index funds bought over time. It is simple, effective and works for me. Lots of cash keeps me from selling equities and the simple allocation keeps me from making behavioral mistakes and fiddling constantly. Is it ...
by Ferdinand2014
Tue Jul 09, 2019 10:14 pm
Forum: Personal Finance (Not Investing)
Topic: Cash - Throw it all on the table!!!
Replies: 145
Views: 22532

Re: Cash - Throw it all on the table!!!

I wanted to also ask the forum "How many different buckets of cash do you use, if any?" Example: Cash(Savings & Emergency), Auto Fund, Future Repairs, Once a year invoices, etc. Thanks! Currently $253,000 T-Bills in taxable. This is EM/Lumpy expenses. Everything else in low cost S&P 500 index funds...
by Ferdinand2014
Tue Jul 09, 2019 7:57 pm
Forum: Investing - Theory, News & General
Topic: De-Risking and Diversification aren't the same thing.
Replies: 45
Views: 2155

Re: De-Risking and Diversification aren't the same thing.

I've previously pointed out that investors sometimes confuse diversification with a different concept known as "de-risking". The explicit goal of de-risking a portfolio is to lower its volatility. And just as diversification doesn't always de-risk a portfolio, de-risking doesn't always improve the ...
by Ferdinand2014
Tue Jul 09, 2019 11:46 am
Forum: Personal Investments
Topic: VFIAX or VTSAX (among other questions)...
Replies: 13
Views: 990

Re: VFIAX or VTSAX (among other questions)...

I hold Fidelity FXAIX (500 index fund). I prefer it over TSM secondary to my preference for liquidity, larger market cap, easily trackable index to accuracy of my fund, S&P 500 requirements of liquidity, profitability, etc. The difference is small. Stick with what will avoid a taxable event and you ...
by Ferdinand2014
Mon Jul 08, 2019 7:00 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: The Historical Imperative For International Diversification
Replies: 347
Views: 16262

Re: Larry Swedroe: The Historical Imperative For International Diversification

Honestly, I think that anywhere from 0% ex-U.S. to 50% is within the realm of 'plausible' for a U.S. investor, although I really doubt that a 20% or smaller allocation to it is going to be very helpful. There are certainly examples of times when even a token attempt at diversification was helpful. ...
by Ferdinand2014
Mon Jul 08, 2019 6:52 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: The Historical Imperative For International Diversification
Replies: 347
Views: 16262

Re: Larry Swedroe: The Historical Imperative For International Diversification

Ferdinand FWIW, just because Bogle said something doesn't make it right. In fact it is easy to show that is wrong, just as he was wrong about a few other things (on most things of course he was right). First, in fact what the reason behind the development of index funds was, before Bogle, was marke...
by Ferdinand2014
Mon Jul 08, 2019 6:48 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: The Historical Imperative For International Diversification
Replies: 347
Views: 16262

Re: Larry Swedroe: The Historical Imperative For International Diversification

Was it not Warren Buffett who recommended for his wife to be invested at 100% in an S&P 500 index fund, when he passes? No he did not. Read his 2013 shareholder letter. Oh, I thought he said 90% S&P 500 and 10% bonds (treasury??) Broken Man 1999 He did, mostly. He never said 100% S&P 500 though. Ca...
by Ferdinand2014
Mon Jul 08, 2019 6:41 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: The Historical Imperative For International Diversification
Replies: 347
Views: 16262

Re: Larry Swedroe: The Historical Imperative For International Diversification

FWIW, IMO a US only portfolio is definitely throwing Boglehead principles out the window. It certainly throws belief in EMH under the "bus". And the main principle espoused by Bogle himself is that markets are efficient at allocating capital, making market timing and stock selection imprudent choic...
by Ferdinand2014
Mon Jul 08, 2019 6:33 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: The Historical Imperative For International Diversification
Replies: 347
Views: 16262

Re: Larry Swedroe: The Historical Imperative For International Diversification

I don't mean to question whether this thread is actionable, not explicitly, so I'll ask this question: Has anyone ever changed their mind from one of these threads? Not yet, but I am listening. I currently have a 2 fund portfolio of cash enough to sleep well and a low cost S&P 500 index fund. I lov...
by Ferdinand2014
Mon Jul 08, 2019 5:00 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: The Historical Imperative For International Diversification
Replies: 347
Views: 16262

Re: Larry Swedroe: The Historical Imperative For International Diversification

Was it not Warren Buffett who recommended for his wife to be invested at 100% in an S&P 500 index fund, when he passes? No he did not. Read his 2013 shareholder letter. Oh, I thought he said 90% S&P 500 and 10% bonds (treasury??) Broken Man 1999 He did, mostly. He never said 100% S&P 500 though. Ca...
by Ferdinand2014
Mon Jul 08, 2019 4:53 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: The Historical Imperative For International Diversification
Replies: 347
Views: 16262

Re: Larry Swedroe: The Historical Imperative For International Diversification

Was it not Warren Buffett who recommended for his wife to be invested at 100% in an S&P 500 index fund, when he passes? I'm not all that sure that what Warren Buffett does is all that relevant to what the 99.999% of the rest of us do/should do. Mind you, for him, I'm sure he is doing what is releva...
by Ferdinand2014
Mon Jul 08, 2019 4:47 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: The Historical Imperative For International Diversification
Replies: 347
Views: 16262

Re: Larry Swedroe: The Historical Imperative For International Diversification

fortyofforty wrote:
Mon Jul 08, 2019 2:43 pm
Was it not Warren Buffett who recommended for his wife to be invested at 100% in an S&P 500 index fund, when he passes?
No he did not. Read his 2013 shareholder letter.
by Ferdinand2014
Mon Jul 08, 2019 4:45 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: The Historical Imperative For International Diversification
Replies: 347
Views: 16262

Re: Larry Swedroe: The Historical Imperative For International Diversification

I don't mean to question whether this thread is actionable, not explicitly, so I'll ask this question: Has anyone ever changed their mind from one of these threads? Not yet, but I am listening. I currently have a 2 fund portfolio of cash enough to sleep well and a low cost S&P 500 index fund. I lov...
by Ferdinand2014
Sun Jul 07, 2019 9:26 pm
Forum: Investing - Theory, News & General
Topic: Historically has it been bad to withhold further contributions 8 years after the beginning of a bull market?
Replies: 36
Views: 3454

Re: Historically has it been bad to withhold further contributions 8 years after the beginning of a bull market?

Common wisdom among the pundits and also the small folk is that we're over extended this latest bull market. Some people I know are witholding futher contributions or even divesting in anticipation of a sharp downturn. Not really my way of looking at the market and I suspect most here feel the same...
by Ferdinand2014
Sun Jul 07, 2019 3:39 pm
Forum: Personal Finance (Not Investing)
Topic: Staying the course is so hard (support thread)
Replies: 110
Views: 10475

Re: Staying the course is so hard (support thread)

I definitely advise joining the White Coat Investor group on FB, or at least going to the site and reading a lot of posts. I’m married to a physician, and my goal is to live well below our means and not care about what other people are doing. I have a lot of friends that I care about, but I watch p...
by Ferdinand2014
Sun Jul 07, 2019 3:33 pm
Forum: Personal Finance (Not Investing)
Topic: Staying the course is so hard (support thread)
Replies: 110
Views: 10475

Re: Staying the course is so hard (support thread)

Hi all - I'm trying my best to stay the course. I'm 38, I'd love to retire in 13 years. I say 13 years because my mortgage (15 year bi-weekly payments) finishes then, and thats the same time my kid turns 18, so no more child support, and she'll have a healthy 529 by then. I'm trying to stay the cou...
by Ferdinand2014
Sun Jul 07, 2019 9:18 am
Forum: Investing - Theory, News & General
Topic: John Bogle says investors don't need to own international stocks​
Replies: 42
Views: 3018

Re: John Bogle says investors don't need to own international stocks​

"'Everyone tells me I'm wrong,' Mr. Bogle said. 'In my book, Bogle on Investing , I said, for a lot of reasons, you don't need to own international stock.' His argument: International investing involves extra risk, ranging from currency risk and economic risk to societal instability risk ." https:/...
by Ferdinand2014
Sat Jul 06, 2019 9:25 am
Forum: Investing - Theory, News & General
Topic: My Bond Fund took hit Friday
Replies: 14
Views: 1768

Re: My Bond Fund took hit Friday

In my three fund portfolio my Aggregate Bond fund took a .49% hit Friday. I was surprised because I always expected my stock fund to be volatile. Is this kind of normal ?, I know the bond fund can loose value , but has anyone seen this. Also has anyone seen both stock and bond funds decline at the ...
by Ferdinand2014
Fri Jul 05, 2019 3:59 pm
Forum: Personal Investments
Topic: Prime Money Market or Total Bond Market
Replies: 63
Views: 6741

Re: Prime Money Market or Total Bond Market

1.) In tax deferred, you start with 100% X available space. 2.) If you place bonds in that X available space, you reduce the amount of compounding tax deferred presumably higher growth with stocks over time. 3.) I combine my fixed income/emergency funds as one and the same because I like simplicity ...
by Ferdinand2014
Thu Jul 04, 2019 8:29 pm
Forum: Personal Investments
Topic: which fund should i choose?
Replies: 10
Views: 925

Re: which fund should i choose?

I have a long time horizon and I like an aggressive 100% stock portfolio. I don't want bonds, nor any foreign. So, just between these two choices in a tax sheltered account, which would you choose if you had to? Option A) 3 US index funds with an Asset Allocation of: 50% large caps, 25% mid caps, 2...
by Ferdinand2014
Thu Jul 04, 2019 8:06 pm
Forum: Personal Finance (Not Investing)
Topic: Managing Debt - Tracking & Analysis
Replies: 17
Views: 1179

Re: Managing Debt - Tracking & Analysis

Bogleheads - How many folks maintain a spreadsheet or financial software (Quicken, Personal Capital, etc.) too track overall debt? Is it necessary and provides value? In the age of real time banking, where one can log into their bank and see a summary of account snapshots (including debt), addition...
by Ferdinand2014
Thu Jul 04, 2019 7:43 pm
Forum: Personal Investments
Topic: Emergency fund at Vanguard
Replies: 15
Views: 2201

Re: Emergency fund at Vanguard

I keep a minimum of 12 months of emergency cash in FDLXX (Fidelity treasury only money fund) in a separate brokerage account. I purposely do not have access to it by debit or check. I usually have about 6 weeks of expenses in my brick and mortar local bank checking account with debit access.
by Ferdinand2014
Thu Jul 04, 2019 7:21 pm
Forum: Personal Investments
Topic: [ETF vs. Mutual Fund questions]
Replies: 53
Views: 1764

Re: which is better schwab or fedelity ???

looking wrote:
Sun Jun 23, 2019 7:24 pm
I have vanguard account now and like to have another one,, which is better Schwab or fidelity ???

thank you
I have had Fidelity for 22 years. Never a problem. Always helpful. Plenty of options. I have no experience with Schwab.
by Ferdinand2014
Thu Jul 04, 2019 7:15 pm
Forum: Investing - Theory, News & General
Topic: Jack Bogle on The Fourth of July (Independence Day)
Replies: 10
Views: 1094

Re: Jack Bogle on The Fourth of July (Independence Day)

Bogleheads: Jack Bogle's Words of Wisdom: This wealth at large that I’ve accumulated, it wouldn’t be there, as Mr. Gates said, if I had not been born in the USA. It’s not only what Bill Gates said about all the advantages our society creates, it goes all the way back to fundamentals like the Declar...
by Ferdinand2014
Thu Jul 04, 2019 7:10 pm
Forum: Personal Investments
Topic: How to avoid industries I do not want to invest in?
Replies: 54
Views: 3593

Re: How to avoid industries I do not want to invest in?

Donate your profits to charities of your choice. That might be more direct and consequential to your desires. I personally remain agnostic to my investments. It would be nearly impossible to sift through and find companies I vs someone else would find that presents a compelling story of ESG benefit....
by Ferdinand2014
Wed Jul 03, 2019 6:06 am
Forum: Personal Investments
Topic: Did I just overlap my portfolio buying FSKAX and FZROX
Replies: 17
Views: 1013

Re: Did I just overlap my portfolio buying FSKAX and FZROX

I got to invest in funds to set up my first portfolio at age of 30 via Fido. The only reason I have Fidelity is because my previous job rolled over to it by the way. I invested about 65% to FSKAX (Fidelity® Total Market Index Fund) and about 26% into FZROX (Fidelity ZERO Total Market Index Fund), a...
by Ferdinand2014
Mon Jul 01, 2019 6:45 pm
Forum: Investing - Theory, News & General
Topic: Fidelity Freedom Index Funds Increase International Exposure
Replies: 15
Views: 1421

Re: Fidelity Freedom Index Funds Increase International Exposure

I look at TDF as conservative active funds. The glide path is often adjusted, allocations change, philosophies change. Other changes with Fidelity TDF include adding LT treasuries, TIPS, etc. Not for me.
by Ferdinand2014
Sun Jun 30, 2019 6:37 am
Forum: Personal Investments
Topic: Money market vs. Bond etf
Replies: 9
Views: 1091

Re: Money market vs. Bond etf

At your current interest rate your barely keeping up with inflation and worse after taxes. By bond fund I presume you mean a short term treasury or corporate? A 1-3 year treasury fund could lose maybe 1-1.5% at worst. That’s about 40-60 bucks. What seems to make the most sense is pay off card now, a...
by Ferdinand2014
Sat Jun 29, 2019 3:29 pm
Forum: Personal Investments
Topic: Establishing Buffer Assets (Bucket 2)
Replies: 6
Views: 542

Re: Establishing Buffer Assets (Bucket 2)

A lot of people around here don't do buckets. I am one of them. I am happy to have only equities in my taxable accounts because they often go up quite a lot over the intermediate to longer term. So with your 10 years of use for the goal of this money, I would just keep it in equities for the next 5...
by Ferdinand2014
Sat Jun 29, 2019 2:21 pm
Forum: Investing - Theory, News & General
Topic: Fidelity Freedom Index Funds - expense ratio cut
Replies: 19
Views: 2463

Re: Fidelity Freedom Index Funds - expense ratio cut

^Well, I'm done now with all this, but I put into the general search box at Fidelity.com "Freedom Index" which I expect to get me directly to a list of Freedom Index funds and sales hype about how great they are. Fail at that time. I find their mutual fund screener very helpful with multiple catego...
by Ferdinand2014
Sat Jun 29, 2019 2:14 pm
Forum: Investing - Theory, News & General
Topic: Fidelity Freedom Index Funds - expense ratio cut
Replies: 19
Views: 2463

Re: Fidelity Freedom Index Funds - expense ratio cut

I bought my first Freedom Index fund this past week. It took about 5 hours to even find it on the Fidelity web site since they keep it those Freedom Index funds well hidden. Under the mutual fund screener: 1.) Define what you are looking for - in this case, fidelity only funds, allocation category ...
by Ferdinand2014
Sat Jun 29, 2019 9:33 am
Forum: Personal Finance (Not Investing)
Topic: Lease vs Buying a Car
Replies: 84
Views: 5705

Re: Lease vs Buying a Car

Pardon the ignorance but what is CPO? Certified Pre Owned. Varies by manufaturer, but in general, car is usually given factory extended warranty beyond original warranty and there is a standard of condition that is guaranteed by the manufacturer. IMO Mercedes and Porsche are the best ones. Basicall...
by Ferdinand2014
Fri Jun 28, 2019 8:49 pm
Forum: Personal Investments
Topic: Should I bother trying to replicate Total US Stock Market in my 401k?
Replies: 25
Views: 1667

Re: Should I bother trying to replicate Total US Stock Market in my 401k?

Since 401(k)/IRAs convert low-tax investments (capital gains, dividends) into maximum tax liabilities, shouldn't you always have either fixed income or "bad" (non-qualified) dividends like REITs there over the S&P 500? That's what I try to do. I don't invest in REITs (personal decision). I will hol...
by Ferdinand2014
Fri Jun 28, 2019 8:32 pm
Forum: Investing - Theory, News & General
Topic: What do you hold in your IRA and Why?
Replies: 48
Views: 3334

Re: What do you hold in your IRA and Why?

DW 403b: 100% NINDX (Columbia S&P 500 index fund). (ER .2) Why? Only index fund in her 403b and I like the S&P 500. My SEP and rollover IRA: 100% FXAIX (Fido 500 index fund). (ER .015) Why? I like the S&P 500 and its dirt cheap. 1.) Simplicity 2.) Dirt cheap 3.) Like things that grow to be growing t...
by Ferdinand2014
Fri Jun 28, 2019 8:12 pm
Forum: Investing - Theory, News & General
Topic: Why NO International Bond Index ??
Replies: 22
Views: 2891

Re: Why NO International Bond Index ??

I didn't complicate my portfolio by adding another bond fund, because I read Vanguard's paper, slightly before their launch of the fund: Global fixed income: Considerations for U.S. investors . I found it to be very interesting, rich in information--and completely unconvincing. The conclusion I cam...
by Ferdinand2014
Wed Jun 26, 2019 9:20 pm
Forum: Investing - Theory, News & General
Topic: Dave Ramsey says to give up employer 401K match to pay down debt
Replies: 148
Views: 8143

Re: Dave Ramsey now says to give up employer 401K match to pay down debt

I'll offer a (slightly) contrarian point. While I don't think this is good advice in general, and certainly not for the Boglehead agonizing over their 3.49% mortgage, it actually could be a consideration for people with very high interest debt that will be paid off over years. Considering Dave Rams...
by Ferdinand2014
Tue Jun 25, 2019 11:21 am
Forum: Investing - Theory, News & General
Topic: Excluding International All Together?
Replies: 82
Views: 7022

Re: Excluding International All Together?

1.) I am a U.S. citizen and spend and earn in USD. 2. I am prone to behavioral mistakes of constantly fiddling e.g. one day I read an article and decide 10% international is good, next day 33.33%, next day market cap, next day none. Not based on performance per se, but based on my mood, article or s...
by Ferdinand2014
Sun Jun 23, 2019 1:35 pm
Forum: Personal Investments
Topic: Advantage of T-bills?
Replies: 20
Views: 2282

Re: Advantage of T-bills?

All good advice above, and whatever you do, I'm sure it'll be in your best interest. Indeed, I invest in 26 week T Bills, which I did every month for 6 months and set them to auto-roll over. For instance, on Thursday 6/20, it was rolled over by the treasury and they automatically deposit the intere...