Search found 13936 matches

by abuss368
Thu Jul 18, 2019 3:29 pm
Forum: Investing - Theory, News & General
Topic: SERIOUS MONEY book is 20 years old this month
Replies: 13
Views: 986

Re: SERIOUS MONEY book is 20 years old this month

Rick Ferri wrote:
Thu Jul 18, 2019 12:46 pm
I published my first book twenty years ago this month. Not much has changed. Here is a free download:

Serious Money, Straight Talk About Investing for Retirement

Enjoy!
Rick Ferri
Hi Rick -

That is awesome and a milestone event!

Congrats!
by abuss368
Thu Jul 18, 2019 3:27 pm
Forum: Investing - Theory, News & General
Topic: International REIT
Replies: 66
Views: 10253

Re: International REIT

Rather, I think that ALL equity sector funds — any definition of which include REITs, by the way — should be evaluated on a similar basis for their ability to diversify a portfolio. Vanguard offers eleven different U.S. equity sector funds, and if you rank them all in their diversification impact o...
by abuss368
Tue Jul 16, 2019 11:09 pm
Forum: Personal Investments
Topic: International Bond Fund - yes or no?
Replies: 13
Views: 1045

Re: International Bond Fund - yes or no?

We are still learning.
by abuss368
Tue Jul 16, 2019 6:08 am
Forum: Personal Investments
Topic: Phase out EF [Emergency Fund]?
Replies: 111
Views: 4691

Re: Phase out EF [Emergency Fund]?

We still have an emergency fund.
by abuss368
Mon Jul 15, 2019 10:47 pm
Forum: Personal Investments
Topic: Phase out EF [Emergency Fund]?
Replies: 111
Views: 4691

Re: Phase out EF [Emergency Fund]?

Maybe there was more included.
by abuss368
Mon Jul 15, 2019 8:02 pm
Forum: Personal Investments
Topic: Phase out EF [Emergency Fund]?
Replies: 111
Views: 4691

Re: Phase out EF [Emergency Fund]?

$7,000 for a water heater seems a bit high.
by abuss368
Mon Jul 15, 2019 8:00 pm
Forum: Personal Consumer Issues
Topic: Want a 2 in 1 laptop
Replies: 28
Views: 2232

Re: Want a 2 in 1 laptop

lazydavid wrote:
Mon Jul 15, 2019 5:48 am
abuss368 wrote:
Sun Jul 14, 2019 10:39 pm
Read that Mac OS and iOS would converge within next year or two. Rumor mill of course.
That's been the rumor for the past 5 years. I no longer put any credence in it.
We could only hope!
by abuss368
Sun Jul 14, 2019 10:48 pm
Forum: Personal Investments
Topic: Phase out EF [Emergency Fund]?
Replies: 111
Views: 4691

Re: Phase out EF?

The old saying “cash is king” is good advice.
by abuss368
Sun Jul 14, 2019 10:39 pm
Forum: Personal Consumer Issues
Topic: Want a 2 in 1 laptop
Replies: 28
Views: 2232

Re: Want a 2 in 1 laptop

Can’t wait for the day the iPad can replace a Mac or our MacBook Pro. Would like to hook up to monitor with keyboard and mouse and go to one device. It’s getting closer. A keyboard is no problem, but Apple is hung up on mouse support. iOS 13 (now called iPadOS, I’m typing this on an iPad running th...
by abuss368
Sun Jul 14, 2019 10:18 pm
Forum: Personal Consumer Issues
Topic: Want a 2 in 1 laptop
Replies: 28
Views: 2232

Re: Want a 2 in 1 laptop

Can’t wait for the day the iPad can replace a Mac or our MacBook Pro. Would like to hook up to monitor with keyboard and mouse and go to one device.
by abuss368
Sun Jul 14, 2019 10:13 pm
Forum: Personal Investments
Topic: Phase out EF [Emergency Fund]?
Replies: 111
Views: 4691

Re: Phase out EF?

I would expect that the answer may be if you are sleeping fine at night than you are probably ok.
by abuss368
Sun Jul 14, 2019 10:12 pm
Forum: Personal Investments
Topic: Phase out EF [Emergency Fund]?
Replies: 111
Views: 4691

Re: Phase out EF?

At what point might it make sense to fold your EF into your taxable? Let’s ignore tax-advantaged accounts and short term cash liabilities (e.g., I know I need to spend X on Y soon). I often struggle with holding so much “cash”. For those of you who don’t carry an EF in “cash”, at what point did you...
by abuss368
Sun Jul 14, 2019 2:13 pm
Forum: Personal Investments
Topic: How do most advisors produce client returns?
Replies: 57
Views: 4035

Re: "How To Be A Successful Advisor"

Bogleheads: George Sisti writes an excellent monthly newsletter called " Vectors ." His latest issue contains an interesting article titled: How To Be A Successful Financial Advisor. This is the link: http://www.oncoursefp.com/files/Vectors%20July%2019%20final.pdf Best wishes. Taylor Thanks Taylor!
by abuss368
Sun Jul 14, 2019 2:11 pm
Forum: Investing - Theory, News & General
Topic: Three most important elements of investment success
Replies: 67
Views: 5539

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 abuss368
Sun Jul 14, 2019 7:27 am
Forum: Investing - Theory, News & General
Topic: Small-Cap Value Funds: Then And Now
Replies: 74
Views: 8042

Re: Small-Cap Value Funds: Then And Now

I would be interested to know if DFA funds have continued to increase in asset size or maybe at a smaller rate since small value is not out performing.
by abuss368
Sat Jul 13, 2019 9:28 pm
Forum: Investing - Theory, News & General
Topic: Why factor investing isn't working
Replies: 484
Views: 20010

Re: Why factor investing isn't working

I also use Vanguard’s website.
by abuss368
Sat Jul 13, 2019 9:27 pm
Forum: Investing - Theory, News & General
Topic: Americans believe they need $1.7 million, on average, to retire
Replies: 284
Views: 27046

Re: Americans believe they need $1.7 million, on average, to retire

When my career is over I will have no problems walking away. While I enjoy it, it will be time to move on.
by abuss368
Sat Jul 13, 2019 6:56 pm
Forum: Investing - Theory, News & General
Topic: Small-Cap Value Funds: Then And Now
Replies: 74
Views: 8042

Re: Small-Cap Value Funds: Then And Now

I always loved Jack Bogle's words of wisdom (and always will): Don't search for the needle in the haystack, own the haystack! Don't forget the rest of the quote: Don't search for the needle in the haystack, own the haystack! Except for the needles listed on the London Stock Exchange: don't own thos...
by abuss368
Sat Jul 13, 2019 6:55 pm
Forum: Investing - Theory, News & General
Topic: Small-Cap Value Funds: Then And Now
Replies: 74
Views: 8042

Re: Small-Cap Value Funds: Then And Now

I always loved Jack Bogle's words of wisdom (and always will): Don't search for the needle in the haystack, own the haystack! Don't forget the rest of the quote: Don't search for the needle in the haystack, own the haystack! Except for the needles listed on the London Stock Exchange: don't own thos...
by abuss368
Sat Jul 13, 2019 6:47 pm
Forum: Investing - Theory, News & General
Topic: Small-Cap Value Funds: Then And Now
Replies: 74
Views: 8042

Re: Small-Cap Value Funds: Then And Now

Jack Bogle has an amazing speech available to read on this topic.
by abuss368
Sat Jul 13, 2019 6:46 pm
Forum: Personal Investments
Topic: How do most advisors produce client returns?
Replies: 57
Views: 4035

Re: "How To Be A Successful Advisor"

Bogleheads: George Sisti writes an excellent monthly newsletter called " Vectors ." His latest issue contains an interesting article titled: How To Be A Successful Financial Advisor. This is the link: http://www.oncoursefp.com/files/Vectors%20July%2019%20final.pdf Best wishes. Taylor Thanks for sha...
by abuss368
Sat Jul 13, 2019 6:45 pm
Forum: Personal Finance (Not Investing)
Topic: Does saving 20% towards retirement starting in your twenties allow you to retire early?
Replies: 144
Views: 13519

Re: Does saving 20% towards retirement starting in your twenties allow you to retire early?

Will 20% savings rate towards retirement starting in my mid 20s allow me to retire early in my 40s, 50s, or on time at 60? No one knows. Furture bull markets or bear markets may impact that in terms of timing. The best you can do is save and invest as much as you can. Save and invest until it hurts...
by abuss368
Sat Jul 13, 2019 6:43 pm
Forum: Personal Investments
Topic: my mom is a "financial advisor"
Replies: 66
Views: 7157

Re: my mom is a "financial advisor"

I would consider Vanguard's Personal Advisory Service before. In the next downturn nothing good will come out of it.
by abuss368
Sat Jul 13, 2019 6:41 pm
Forum: Personal Investments
Topic: my mom is a "financial advisor"
Replies: 66
Views: 7157

Re: my mom is a "financial advisor"

Toons wrote:
Sat Jul 13, 2019 3:52 pm
I would stick to,,,,
Hey Mom,
Whats for dinner ?
:mrgreen:
:beer
by abuss368
Sat Jul 13, 2019 6:41 pm
Forum: Personal Consumer Issues
Topic: Grill Mat
Replies: 29
Views: 2333

Re: Grill Mat

Interesting as I have never used one.
by abuss368
Sat Jul 13, 2019 6:40 pm
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 4599
Views: 1182728

Re: What Movie Have You Recently Watched?

Finished season 3 of "Shooter" on Netflix. That was the final season. Was not bad.
by abuss368
Sat Jul 13, 2019 6:39 pm
Forum: Investing - Theory, News & General
Topic: Five Nobel Laureates Recommend The Market Portfolio
Replies: 58
Views: 6277

Re: Five Nobel Laureates Recommend The Market Portfolio

Jack Bogle should be on the list for the award!
by abuss368
Sat Jul 13, 2019 6:38 pm
Forum: Investing - Theory, News & General
Topic: Americans believe they need $1.7 million, on average, to retire
Replies: 284
Views: 27046

Re: Americans believe they need $1.7 million, on average, to retire

If anyone is working part time at that point, that can really change the assumptions and models. It's impossible for me to even imagine not working at least part-part-time all the way until I'm declared mentally incompetent or plain ol' dead. In reality, I already do work part-time (about 20 hours ...
by abuss368
Sat Jul 13, 2019 6:37 pm
Forum: Investing - Theory, News & General
Topic: Americans believe they need $1.7 million, on average, to retire
Replies: 284
Views: 27046

Re: Americans believe they need $1.7 million, on average, to retire

If anyone is working part time at that point, that can really change the assumptions and models. It's impossible for me to even imagine not working at least part-part-time all the way until I'm declared mentally incompetent or plain ol' dead. In reality, I already do work part-time (about 20 hours ...
by abuss368
Sat Jul 13, 2019 6:35 pm
Forum: Investing - Theory, News & General
Topic: Tax cost stopping move to indexing
Replies: 68
Views: 3097

Re: Tax cost stopping move to indexing

I would move to indexing for the long term. Set it and forget it.
by abuss368
Sat Jul 13, 2019 6:32 pm
Forum: Investing - Theory, News & General
Topic: Small-Cap Value Funds: Then And Now
Replies: 74
Views: 8042

Re: Small-Cap Value Funds: Then And Now

I always loved Jack Bogle's words of wisdom (and always will): Don't search for the needle in the haystack, own the haystack! Don't forget the rest of the quote: Don't search for the needle in the haystack, own the haystack! Except for the needles listed on the London Stock Exchange: don't own thos...
by abuss368
Sat Jul 13, 2019 6:31 pm
Forum: Investing - Theory, News & General
Topic: Bonds - Throw it all on the table!!!
Replies: 293
Views: 51350

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

Things have . . . "evolved". . . Total Bond Index Intermediate Term Treasury Bond Index Intermediate Term Investment Grade Index j Makes sense and it appears that you have a good bond portfolio. If you are so inclined, you may be able to consolidate further as both treasuries and corporate bonds ar...
by abuss368
Sat Jul 13, 2019 6:30 pm
Forum: Investing - Theory, News & General
Topic: Bonds - Throw it all on the table!!!
Replies: 293
Views: 51350

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

Things have . . . "evolved". . . Total Bond Index Intermediate Term Treasury Bond Index Intermediate Term Investment Grade Index j Makes sense and it appears that you have a good bond portfolio. If you are so inclined, you may be able to consolidate further as both treasuries and corporate bonds ar...
by abuss368
Sat Jul 13, 2019 2:11 pm
Forum: Investing - Theory, News & General
Topic: Small-Cap Value Funds: Then And Now
Replies: 74
Views: 8042

Re: Small-Cap Value Funds: Then And Now

I always loved Jack Bogle's words of wisdom (and always will): Don't search for the needle in the haystack, own the haystack!

Thank you Mr. Bogle.
by abuss368
Sat Jul 13, 2019 1:23 pm
Forum: Investing - Theory, News & General
Topic: Bonds - Throw it all on the table!!!
Replies: 293
Views: 51350

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

Things have . . . "evolved". . . Total Bond Index Intermediate Term Treasury Index Intermediate Term Investment Grade Index j Makes sense and it appears that you have a good bond portfolio. If you are so inclined, you may be able to consolidate further as both treasuries and corporate bonds are in ...
by abuss368
Sat Jul 13, 2019 1:22 pm
Forum: Investing - Theory, News & General
Topic: The Three-Fund Portfolio
Replies: 2524
Views: 1612485

Re: Changing from 15 funds to 2

Appears you have reduced the number of funds you invested in over the years. abuss368: When we moved to Vanguard in 1986 we started with a portfolio of 15 Vanguard funds. I foolishly believed that more funds meant more diversification. I also wrongly believed in market-timing. Fortunately, In 1993 ...
by abuss368
Sat Jul 13, 2019 1:21 pm
Forum: Personal Finance (Not Investing)
Topic: Cash - Throw it all on the table!!!
Replies: 150
Views: 23772

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

How many Bogleheads keep cash only in checking and invest the rest? If so, does it concern you that you have too much cash in checking in terms of fraud, theft, or bank errors?
by abuss368
Sat Jul 13, 2019 1:10 pm
Forum: Investing - Theory, News & General
Topic: International REIT
Replies: 66
Views: 10253

Re: International REIT

I have never read any research or documentation to state any of these other sector funds are a separate asset class. I want to clarify that I didn't mean to imply that the sector funds are a separate asset class (however you prefer to define that term) from stocks. Rather, I think that ALL equity s...
by abuss368
Sat Jul 13, 2019 12:37 pm
Forum: Investing - Theory, News & General
Topic: Any Bogleheads get involved in private equity?
Replies: 43
Views: 7984

Re: Any Bogleheads get involved in private equity?

Thanks to following the Boglehead way I have accumulated enough assets that I am starting to think I'd like to further diversify my portfolio with a chunk of private equity. Do any Boglehead's use or recommend private equity? I do understand the risk/reward profile is more extreme. I've heard the c...
by abuss368
Sat Jul 13, 2019 12:35 pm
Forum: Personal Finance (Not Investing)
Topic: Cash - Throw it all on the table!!!
Replies: 150
Views: 23772

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 w...
by abuss368
Sat Jul 13, 2019 12:34 pm
Forum: Investing - Theory, News & General
Topic: The Three-Fund Portfolio
Replies: 2524
Views: 1612485

Re: Short Term Asset Allocation

abuss368: My 25% bond and 75% stock allocation is carefully considered. At age 95, with a life expectancy of 3 years, planning is simplified. :wink: Best wishes. Taylor Hi Taylor, Do you still hold/recommend 25% international? Thanks for all of your help and enjoy the summer! highlandbeach: A few y...
by abuss368
Sat Jul 13, 2019 12:32 pm
Forum: Investing - Theory, News & General
Topic: Five Nobel Laureates Recommend The Market Portfolio
Replies: 58
Views: 6277

Re: Five Nobel Laureates Recommend The Market Portfolio

Do the five laureates (and the OP) share a common definition of “the market portfolio”? Doubt it. The Boglehead 3 Fund Portolio sure doesn't accurately represent a "market portfolio." It's wildly tilted. The actual market portfolio of publicly traded stocks and bonds would be something like roughly...
by abuss368
Sat Jul 13, 2019 12:31 pm
Forum: Investing - Theory, News & General
Topic: Five Nobel Laureates Recommend The Market Portfolio
Replies: 58
Views: 6277

Re: Five Nobel Laureates Recommend The Market Portfolio

Bogleheads: When I am undecided what to do, I listen to genuine experts like these Nobel Laureates : Eugene Fama : "Whether you decide to tilt toward value depends on whether you are willing to bear the associated risk...The market portfolio is always efficient...For most people, the market portfol...
by abuss368
Sat Jul 13, 2019 12:30 pm
Forum: Investing - Theory, News & General
Topic: Small-Cap Value Funds: Then And Now
Replies: 74
Views: 8042

Re: Small-Cap Value Funds: Then And Now

Small value has a lot of real estate, financial and not a lot of Healthcare, Technology. Factor investing is closeted Sector investing. (good point) I'm just trolling... So go the moderate route and add REIT's and a touch more Total Stock instead of SCV??? j That is a strategy. My understanding is ...
by abuss368
Sat Jul 13, 2019 12:27 pm
Forum: Investing - Theory, News & General
Topic: Small-Cap Value Funds: Then And Now
Replies: 74
Views: 8042

Re: Small-Cap Value Funds: Then And Now

Bogleheads: Five years ago Small-Cap Value funds were doing well and heavily promoted by the financial industry: 100% Stock Portfolio in Small Cap Value?? Today Small-Cap Value funds have the WORST 5-year return of all Morningstar's 14 U.S. Equity categories. 2018 Index Performance Lesson learned: ...
by abuss368
Sat Jul 13, 2019 12:24 pm
Forum: Personal Finance (Not Investing)
Topic: Negotiating on an RV
Replies: 37
Views: 2003

Re: Negotiating on an RV

Rick Ferri spent a year or so driving across our great nation. He documented his travels online I believe. He may be able to provide some guidence.
by abuss368
Sat Jul 13, 2019 12:23 pm
Forum: Personal Finance (Not Investing)
Topic: Invest in career change to Accounting for 37 yr old? Would it be foolish?
Replies: 145
Views: 7163

Re: Invest in career change to Accounting for 37 yr old? Would it be foolish?

I know many accounting career folks (with a CPA) that have made a nice and rewarding living form he profession.

Got for it!
by abuss368
Sat Jul 13, 2019 12:15 pm
Forum: Investing - Theory, News & General
Topic: International REIT
Replies: 66
Views: 10253

Re: International REIT

I currently have US REIT exposure only and am looking to diversify by adding an International REIT component. Naturally, I looked to Vanguard's International Real Estate ETF first (VNQI). There are a number of posts on this thread that discount the diversification benefit of VNQI due to its strong ...
by abuss368
Sat Jul 13, 2019 12:14 pm
Forum: Personal Finance (Not Investing)
Topic: Invest in career change to Accounting for 37 yr old? Would it be foolish?
Replies: 145
Views: 7163

Re: Invest in career change to Accounting for 37 yr old? Would it be foolish?

If you like what you are doing, you will never work a day in your life.

That is a good saying!
by abuss368
Sat Jul 13, 2019 12:11 pm
Forum: Investing - Theory, News & General
Topic: Tax cost stopping move to indexing
Replies: 68
Views: 3097

Re: Tax cost stopping move to indexing

Warren Buffett has said that too many folks let the tax tail wag the dog. He went on to state that if you are paying taxes you are making money.