Search found 20984 matches

by abuss368
Sun Sep 27, 2020 6:15 pm
Forum: Personal Investments
Topic: Where to park 500K ?
Replies: 27
Views: 3052

Re: Where to park 500K ?

I would not invest in individual stocks. Jack Bogle has said no investors should own individual stocks as the risk is just to great.
by abuss368
Sun Sep 27, 2020 10:02 am
Forum: Investing - Theory, News & General
Topic: Myths of international investing - Fidelity
Replies: 131
Views: 8126

Re: Myths of international investing - Fidelity

I would ignore most of what happened prior to 1990, when Internet/Tech has transformed the way everything the world has ever done. Just like periods before Motor cars or Air travel were invented. This graph shows there was one period since 1990 when Intl outperformed US: https://i.postimg.cc/XqqN1C...
by abuss368
Sun Sep 27, 2020 7:13 am
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 5803
Views: 1383365

Re: What Movie Have You Recently Watched?

“Once Upon a Time in Venice” with Bruce Willis and John Goodman on Hulu. Enjoyed it.
by abuss368
Sat Sep 26, 2020 5:47 pm
Forum: Personal Consumer Issues
Topic: A simpler car.
Replies: 164
Views: 10174

Re: A simpler car.

One important aspect to consider is vehicle safety. I keep our cars 10 - 12 years. I can see the difference. Is there really a meaningful (vs. statistical) difference, though? Look at these stats for current models. https://www.iihs.org/ratings/driver-death-rates-by-make-and-model The "safest" mid-...
by abuss368
Sat Sep 26, 2020 4:55 pm
Forum: Personal Consumer Issues
Topic: A simpler car.
Replies: 164
Views: 10174

Re: A simpler car.

One important aspect to consider is vehicle safety. I keep our cars 10 - 12 years. I can see the difference. Is there really a meaningful (vs. statistical) difference, though? Look at these stats for current models. https://www.iihs.org/ratings/driver-death-rates-by-make-and-model The "safest" mid-...
by abuss368
Sat Sep 26, 2020 3:09 pm
Forum: Personal Investments
Topic: VHT And VNQ
Replies: 7
Views: 564

Re: VHT And VNQ

As a follow up, don’t forget that Jack Bogle’s said “most investors could go their lifetime without the need for a sector fund.”

For ever sector fund you buy for possible outperformance there is someone on the other end of the trade (Gordon Gekko) who thinks it will underperform.
by abuss368
Sat Sep 26, 2020 3:07 pm
Forum: Personal Investments
Topic: VHT And VNQ
Replies: 7
Views: 564

Re: VHT And VNQ

VHT (vanguard health care etf) or VNQ (vanguard real estate etf)? Vnq is really popular amongst posters or four fund portfolios - yet vht has 400 holdings which is higher than vnq, less expense ratio . Also MSCI rates vht at 5.94/10 while vnq at 4.31/10. Furthermore their performance over 10 years ...
by abuss368
Sat Sep 26, 2020 3:03 pm
Forum: Personal Investments
Topic: Where to park 500K ?
Replies: 27
Views: 3052

Re: Where to park 500K ?

Where to “park” $500k? Until comfortable and certain where you can sleep at night I would place in cash.
by abuss368
Sat Sep 26, 2020 3:01 pm
Forum: Investing - Theory, News & General
Topic: It's Not Different This Time
Replies: 372
Views: 38219

Re: It's Not Different This Time

I have learned during our investment journey that only the news tells us “it’s different this time”. I simply tune it out. It is different this time - it's different every time. But your strategy doesn't need to be different. Exactly. Tune out the noise and don’t base any portfolio changes on noise...
by abuss368
Sat Sep 26, 2020 2:35 pm
Forum: Personal Consumer Issues
Topic: What are subscriptions that add the most value in 2020?
Replies: 50
Views: 3318

Re: What are subscriptions that add the most value in 2020?

Upcoming Apple subscriptions that will be bundled.
by abuss368
Sat Sep 26, 2020 1:59 pm
Forum: Investing - Theory, News & General
Topic: It's Not Different This Time
Replies: 372
Views: 38219

Re: It's Not Different This Time

I have learned during our investment journey that only the news tells us “it’s different this time”. I simply tune it out.
by abuss368
Sat Sep 26, 2020 1:51 pm
Forum: Personal Consumer Issues
Topic: A simpler car.
Replies: 164
Views: 10174

Re: A simpler car.

One important aspect to consider is vehicle safety. I keep our cars 10 - 12 years. I can see the difference.
by abuss368
Sat Sep 26, 2020 11:59 am
Forum: Personal Investments
Topic: VXUS - Why? [Vanguard Total International Stock ETF]
Replies: 109
Views: 6487

Re: VXUS - Why? [Vanguard Total International Stock ETF]

Moreover, a cumulative growth chart seriously obfuscates the impact on the class of investors who need arguably need diversification the most: retirees. Imagine two people retire in August of 1976, each with a nest egg of $40,000. Both have learned of weird new Vanguard mutual fund called the Vangu...
by abuss368
Sat Sep 26, 2020 11:56 am
Forum: Personal Investments
Topic: VXUS - Why? [Vanguard Total International Stock ETF]
Replies: 109
Views: 6487

Re: VXUS - Why? [Vanguard Total International Stock ETF]

You're pretty safe. Europe and Japan (most of ex-US) don't have much promise of becoming the centers of corporate growth and entrepreneurship, and neither does most of the rest of ex-US... You have to bet against the US being successful in undermining rising economic powers when the US has very pow...
by abuss368
Sat Sep 26, 2020 8:00 am
Forum: Investing - Theory, News & General
Topic: Jack Bogle - Two Fund Portfolio
Replies: 1224
Views: 128911

Re: Jack Bogle - Two Fund Portfolio

That is a fair point to consider!
by abuss368
Sat Sep 26, 2020 6:39 am
Forum: Personal Investments
Topic: VXUS - Why? [Vanguard Total International Stock ETF]
Replies: 109
Views: 6487

Re: VXUS - Why? [Vanguard Total International Stock ETF]

You're pretty safe. Europe and Japan (most of ex-US) don't have much promise of becoming the centers of corporate growth and entrepreneurship, and neither does most of the rest of ex-US... You have to bet against the US being successful in undermining rising economic powers when the US has very pow...
by abuss368
Fri Sep 25, 2020 4:17 pm
Forum: Personal Investments
Topic: VXUS - Why? [Vanguard Total International Stock ETF]
Replies: 109
Views: 6487

Re: VXUS - Why? [Vanguard Total International Stock ETF]

I would venture to say that 2020 to the rest of my lifetime will have USA completely dominating International. If you are dumping international stocks, no need for wishy-washy, namby-pamby phrases like "I would venture to say". Replace that with "without a shadow of a doubt". Exactly. That’s really...
by abuss368
Fri Sep 25, 2020 1:41 pm
Forum: Personal Investments
Topic: VXUS - Why? [Vanguard Total International Stock ETF]
Replies: 109
Views: 6487

Re: VXUS - Why? [Vanguard Total International Stock ETF]

In reviewing the results from Portfolio Visualizer the result is completely different: https://www.portfoliovisualizer.com/backtest-asset-class-allocation#analysisResults As you can see, the screenshot I provided above is from Portfolio Visualizer Your link doesn't lead to the simulation parameters...
by abuss368
Fri Sep 25, 2020 12:03 pm
Forum: Investing - Theory, News & General
Topic: Jack Bogle - Two Fund Portfolio
Replies: 1224
Views: 128911

Re: Jack Bogle - Two Fund Portfolio

In reviewing the results from Portfolio Visualizer the result is completely different: Assumptions Retire - 1976 Portfolio - $40,000 Annual withdrawal - $2,500 Results Portfolio #1 Total Stock - 100% Result - $392,000 - CAPR - 6.80% - StDev - 15.36 Portfolio #2 Total Stock - 60% Total International...
by abuss368
Fri Sep 25, 2020 11:51 am
Forum: Investing - Theory, News & General
Topic: Jack Bogle - Two Fund Portfolio
Replies: 1224
Views: 128911

Re: Jack Bogle - Two Fund Portfolio

Consider the following analysis results using Portfolio Visualizer: Assumptions Retire - 1976 Portfolio - $40,000 Annual withdrawal - $2,500 Results Portfolio #1 Total Stock - 100% Result - $392,000 - CAPR - 6.80% - StDev - 15.36 Portfolio #2 Total Stock - 60% Total International Stock - 40% Result ...
by abuss368
Fri Sep 25, 2020 11:50 am
Forum: Personal Investments
Topic: VXUS - Why? [Vanguard Total International Stock ETF]
Replies: 109
Views: 6487

Re: VXUS - Why? [Vanguard Total International Stock ETF]

A cumulative chart has the effect of doing what we know shouldn't be done, placing more emphasis on recent periods than on prior periods. In effect, it can easily serve as justification for performance chasing without requiring an explicit acknowledgement of doing so. Moreover, a cumulative growth ...
by abuss368
Fri Sep 25, 2020 11:41 am
Forum: Investing - Theory, News & General
Topic: Myths of international investing - Fidelity
Replies: 131
Views: 8126

Re: Myths of international investing - Fidelity

One issue I have with the Fidelity article is related to an investor who choses to not invest in an international fund, and "misses out on stock markets that outperform the US" (which appear to be 1% or less outside of Canada). Is it fair and reasonable then to also conclude that the investor is als...
by abuss368
Fri Sep 25, 2020 11:36 am
Forum: Investing - Theory, News & General
Topic: Myths of international investing - Fidelity
Replies: 131
Views: 8126

Re: Myth's of international investing - Fidelity

"Myth 2: International investing is too risky." Now, of course, they get off the hook by saying "too." But it's no myth that international investing is riski-ER. Not an awful lot, but some, and that shouldn't be swept under the rug. There are all sorts of legitimate ways to say "there is more risk,...
by abuss368
Fri Sep 25, 2020 10:42 am
Forum: Investing - Theory, News & General
Topic: Myths of international investing - Fidelity
Replies: 131
Views: 8126

Re: Myth's of international investing - Fidelity

"Myth 2: International investing is too risky." Now, of course, they get off the hook by saying "too." But it's no myth that international investing is riski-ER. Not an awful lot, but some, and that shouldn't be swept under the rug. There are all sorts of legitimate ways to say "there is more risk,...
by abuss368
Fri Sep 25, 2020 9:59 am
Forum: Investing - Theory, News & General
Topic: 10 Smartest Things Ever Said about Investing by Jack Bogle
Replies: 16
Views: 2527

Re: 10 Smartest Things Ever Said about Investing by Jack Bogle

I pulled "Bogle on Mutual Funds" form my bookshelf this week as I had questions. Jack of course answered them!
by abuss368
Fri Sep 25, 2020 9:57 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 8901
Views: 706758

Re: U.S. stocks continue to soar!

I added a chunk of VTSAX to my taxable this morning. As soon as I did that the market started to rise again. I blame myself Perfect! Keep buying Total Stock over the long term and building that passive income stream! Many years form now you will be thankful you did just that. Tune out the noise tha...
by abuss368
Fri Sep 25, 2020 9:56 am
Forum: Investing - Theory, News & General
Topic: International Correlation with the US and Struggling to Pick EM/ International
Replies: 33
Views: 1723

Re: International Correlation with the US and Struggling to Pick EM/ International

One other consideration that can also impact investor behavior and result in mental stress during market pullbacks: A multi fund portfolio with 5, 6, 8, or more funds may completely stress out an investor when all funds are out of balance and a ton of rebalancing is needed. Nothing feels right or as...
by abuss368
Fri Sep 25, 2020 8:18 am
Forum: Investing - Theory, News & General
Topic: International Correlation with the US and Struggling to Pick EM/ International
Replies: 33
Views: 1723

Re: International Correlation with the US and Struggling to Pick EM/ International

In my opinion Jack Bogle knows more about investing than any one of us ever will. That could be true and yet he could STILL be wrong about this particular topic. No doubt. Over the past few years it appeared that Jack Bogle could be having second or additional thoughts on the topic. He said in an i...
by abuss368
Fri Sep 25, 2020 8:01 am
Forum: Investing - Theory, News & General
Topic: Myths of international investing - Fidelity
Replies: 131
Views: 8126

Re: Myth's of international investing - Fidelity

Myths of international investing https://www.fidelity.com/viewpoints/investing-ideas/international-investing-myths The international allocation in Vanguard's Total World Stock Index is 39-40%. Are you comfortable with that much? Did reading this article change your view? Paul Hi Paul - Very interes...
by abuss368
Fri Sep 25, 2020 8:00 am
Forum: Investing - Theory, News & General
Topic: Myths of international investing - Fidelity
Replies: 131
Views: 8126

Re: Myth's of international investing - Fidelity

If a young investor is reading this, please consider some of the comments from members above are arm chair experts that suffer personal biases and over the top idolatry of Jack Bogle and Warren Buffet. There is no place for over the top hero worship and human emotion in investing. Stick with a Life...
by abuss368
Fri Sep 25, 2020 7:09 am
Forum: Investing - Theory, News & General
Topic: International Correlation with the US and Struggling to Pick EM/ International
Replies: 33
Views: 1723

Re: International Correlation with the US and Struggling to Pick EM/ International

1) I can clearly see the evidence that global diversification helps investors achieve their goals, so unless Bogle thought that investors don't "need" to achieve their goals then I think we can conclude that Bogle's opinion on this topic can be dismissed. I respect your thoughts and post but I thin...
by abuss368
Fri Sep 25, 2020 6:22 am
Forum: Investing - Theory, News & General
Topic: Myths of international investing - Fidelity
Replies: 131
Views: 8126

Re: Myth's of international investing - Fidelity

flaccidsteele wrote: Fri Sep 25, 2020 6:20 am
Gort wrote: Thu Sep 24, 2020 4:07 pm Both Vanguard and Fidelity recommend international asset allocations, up to 50%. So who are you going to believe, them or some anonymous US only posters in this forum?
John Bogle
:sharebeer
by abuss368
Fri Sep 25, 2020 6:18 am
Forum: Investing - Theory, News & General
Topic: Myths of international investing - Fidelity
Replies: 131
Views: 8126

Re: Myth's of international investing - Fidelity

Both Vanguard and Fidelity recommend international asset allocations, up to 50%. So who are you going to believe, them or some anonymous US only posters in this forum? Neither. I took my "international or not" cues from Jack Bogle decades ago as I trusted (and still trust) his investing advice and ...
by abuss368
Thu Sep 24, 2020 10:03 pm
Forum: Personal Consumer Issues
Topic: OLD papers [How do I dispose of old papers?]
Replies: 53
Views: 3949

Re: OLD papers [How do I dispose of old papers?]

I can't imagine what sort of papers need shredding that have some top secret information that would get you in trouble if exposed. My county has a truck that comes around every week to your house to pick up paper and they supply you a 55 gallon container to put it in. OP could probably get all his ...
by abuss368
Thu Sep 24, 2020 9:10 pm
Forum: Investing - Theory, News & General
Topic: iShares ETF High Yields?
Replies: 4
Views: 382

Re: iShares ETF High Yields?

whodidntante wrote: Thu Sep 24, 2020 8:45 pm Different indexes and Blackrock's securities lending is a college toga party to Vanguard's awkward middle school dance.
That helps and is a different way of putting it!
by abuss368
Thu Sep 24, 2020 9:09 pm
Forum: Investing - Theory, News & General
Topic: International Correlation with the US and Struggling to Pick EM/ International
Replies: 33
Views: 1723

Re: Developed International Correlation with the US

Do you invest in international stocks and bonds? If so, at what percentage of stocks is international and what percentage of bonds is international? I allocate my equities roughly 50/50 between US and international., with international split 50/50 between developed markets and emerging markets. The...
by abuss368
Thu Sep 24, 2020 9:07 pm
Forum: Investing - Theory, News & General
Topic: International Correlation with the US and Struggling to Pick EM/ International
Replies: 33
Views: 1723

Re: International Correlation with the US and Struggling to Pick EM/ International

I think the importance of "needing" international stocks in a portfolio is perhaps being overstated somewhat. In analyzing various portfolios at portfolio visualizer I assumed the following: * Start - 2000 * End - 2010 * "The Lost Decade of the US" or so it has been said * $1,000,000 million portfo...
by abuss368
Thu Sep 24, 2020 8:29 pm
Forum: Investing - Theory, News & General
Topic: iShares ETF High Yields?
Replies: 4
Views: 382

iShares ETF High Yields?

In reviewing some of the iShares ETF offerings online and comparing to Vanguard, I am curious why is the iShares Total Stock, US High Dividend, International, REIT all appear to have a higher dividend yield? The costs are higher on some of the funds compared to Vanguard but yield is typically after ...
by abuss368
Thu Sep 24, 2020 8:27 pm
Forum: Investing - Theory, News & General
Topic: Myths of international investing - Fidelity
Replies: 131
Views: 8126

Re: Myth's of international investing - Fidelity

I agree with others that the article is just abominable. In any given year, the best performing stock market is usually outside the US. So what? That doesn't mean that ex-U.S. in total is likely to outperform the U.S. in any given year. International diversification has historically improved risk-a...
by abuss368
Thu Sep 24, 2020 8:25 pm
Forum: Personal Consumer Issues
Topic: What is the single best piece of exercise equipment you bought for your home?
Replies: 245
Views: 14868

Re: What is the single best piece of exercise equipment you bought for your home?

I have a full blown power rack with a pulley system and stack of weights. Olympic weights. Was a Mr. Olympia Lee Haney system and purchased about 30 years ago. At one time I also had a Leg Press in my basement! Seriously who has that? Then again that was using over 1,400 pounds for leg presses. I us...
by abuss368
Thu Sep 24, 2020 8:23 pm
Forum: Investing - Theory, News & General
Topic: International Correlation with the US and Struggling to Pick EM/ International
Replies: 33
Views: 1723

Re: International Correlation with the US and Struggling to Pick EM/ International

Okay, but these conditions are virtually guaranteed to reinforce a "diversification doesn't matter" conclusion: it's a short period of just 10 years with an absurdly low withdrawal rate. Starting in 1929, 100% stocks had a 10-year SWR of nearly 7% so a 3% withdrawal rate isn't much stress. We have ...
by abuss368
Thu Sep 24, 2020 7:35 pm
Forum: Investing - Theory, News & General
Topic: Wellesley, "clones" and future prospects
Replies: 15
Views: 1645

Re: Wellesley, "clones" and future prospects

Just say no to active management Active management per se is not a real problem. Higher costs are the real problem. Bogle was very open to active management as long as the costs were low. He kept a sizable portion of his portfolio in Wellington. Exactly. The less one pays = the more one keeps inves...
by abuss368
Thu Sep 24, 2020 7:29 pm
Forum: Personal Finance (Not Investing)
Topic: The conundrum of Pennsylvania 401K contributors who are in no way "married" to the state for retirement. What to do?
Replies: 24
Views: 2696

Re: The conundrum of Pennsylvania 401K contributors who are in no way "married" to the state for retirement. What to do?

Former PA resident here. State tax on retirement contributions is something I never even thought about. I was more concerned about deferring federal taxes. And although I moved after retirement, it was for weather mostly and lower RE taxes, heating bills, and house maintenance secondarily. Seems to...
by abuss368
Thu Sep 24, 2020 7:26 pm
Forum: Investing - Theory, News & General
Topic: Jack Bogle - Two Fund Portfolio
Replies: 1224
Views: 128911

Re: Jack Bogle - Two Fund Portfolio

*** In my opinion it is becoming clearer that the only right portfolio is what works for you as an individual. What can you stay with. Not what an article or someone using a screen name on the internet tells you what is wrong or missing. *** The most important aspect is to: * Build cash over time *...
by abuss368
Thu Sep 24, 2020 7:24 pm
Forum: Investing - Theory, News & General
Topic: Wellesley, "clones" and future prospects
Replies: 15
Views: 1645

Re: Wellesley, "clones" and future prospects

Just say no to active management Vanguard has put in much of their literature that they are not "against" active management but rather higher costs. Jack Bogle also talked highly of Dodge & Cox who were active managers. Their fees are much lower than the average active manager, have a long track re...
by abuss368
Thu Sep 24, 2020 7:23 pm
Forum: Investing - Theory, News & General
Topic: Never Ever Rebalance Bonds into Stocks?
Replies: 178
Views: 12211

Re: Never Ever Rebalance Bonds into Stocks?

Can someone explain how "Bellman's Principle of Optimality" proves anything in this scenario? Bellman's principle of optimality says that the optimal solution to any optimization problem must have a property called path independence. Informally, this means that if two retirees follow an optimal str...
by abuss368
Thu Sep 24, 2020 7:20 pm
Forum: Investing - Theory, News & General
Topic: Vanguard's Wellesley Income fund is incredible
Replies: 589
Views: 121291

Re: Vanguard's Wellesley Income fund is incredible

One thing that I don't like about Wellesley is that it doesn't have any inflation-protected component (as far as I know). Vanguard Target Retirement has about 17% short-term TIPS. TIPS didn't exist for the first 20+ years of the fund's history. The managers have apparently determined that they aren...
by abuss368
Thu Sep 24, 2020 7:19 pm
Forum: Investing - Theory, News & General
Topic: Jack Bogle - Two Fund Portfolio
Replies: 1224
Views: 128911

Re: Jack Bogle - Two Fund Portfolio

I think the importance of "needing" international stocks in a portfolio is perhaps being overstated somewhat. In analyzing various portfolios at portfolio visualizer I assumed the following: * Start - 2000 * End - 2010 * "The Lost Decade of the US" or so it has been said * $1,000,000 million portfol...
by abuss368
Thu Sep 24, 2020 7:17 pm
Forum: Investing - Theory, News & General
Topic: International Correlation with the US and Struggling to Pick EM/ International
Replies: 33
Views: 1723

Re: International Correlation with the US and Struggling to Pick EM/ International

I think the importance of "needing" international stocks in a portfolio is perhaps being overstated somewhat. In analyzing various portfolios at portfolio visualizer I assumed the following: * Start - 2000 * End - 2010 * "The Lost Decade of the US" or so it has been said * $1,000,000 million portfol...
by abuss368
Thu Sep 24, 2020 6:04 pm
Forum: Personal Finance (Not Investing)
Topic: Should I Quit Hated Job And Take 80% Pay Cut?
Replies: 57
Views: 6041

Re: Should I Quit Hated Job And Take 80% Pay Cut?

My 2 cents. I'm in my 60's now. If I were you, I would give my notice today. You have a lot of clarity about your situation. Good luck and let us know what you end up doing. Dave +1, except I would second your decision to wait until the pandemic is over before handing in your notice. Excellent advi...