Search found 2461 matches

by sschullo
Sun Sep 15, 2019 8:54 am
Forum: Investing - Theory, News & General
Topic: Best of Bogleheads - your #1 takeaway
Replies: 144
Views: 12300

Re: Best of Bogleheads - your #1 takeaway

I discovered back in the 60s and 70s to question all authorities, grow long hair, attended countless encounter groups, discovering meditation, but one principal that I never forgot was rejecting materialism. Everybody talks about this, studies were published and agrees that material junk doesn't mak...
by sschullo
Wed Sep 04, 2019 9:14 am
Forum: Investing - Theory, News & General
Topic: Best of Bogleheads - your #1 takeaway
Replies: 144
Views: 12300

Re: Best of Bogleheads - your #1 takeaway

HomeStretch wrote:
Tue Aug 27, 2019 2:39 pm
That successful DIY investing by the average person is possible.
+1 I totally agree!
by sschullo
Mon Aug 12, 2019 4:23 pm
Forum: Personal Consumer Issues
Topic: Anyone been to a Kevin O'Leary event???
Replies: 22
Views: 3258

Re: Anyone been to a Kevin O'Leary event???

Seriously? I would never go to one of his events, nor would I attend J. Cramer, R. Kiyosaki, nor D. Ramsey.
by sschullo
Wed Aug 07, 2019 6:48 pm
Forum: Investing - Theory, News & General
Topic: 10 year treasury yield
Replies: 34
Views: 2732

Re: 10 year treasury yield

Nine months ago, many people were saying (including on this board) that "Rates have nowhere to go but up." That has been a common claim here for some years with the accompanying advice to go short in order to avoid the bond apocalypse. How did those predictions turn out? Right now long bonds are lo...
by sschullo
Tue Aug 06, 2019 7:35 am
Forum: Personal Consumer Issues
Topic: Are you getting rid of your gas appliances?
Replies: 43
Views: 3086

Re: Are you getting rid of your gas appliances?

Just the grill and heating the house.
Solar, electric cars and electric kitchen.
by sschullo
Thu Aug 01, 2019 11:01 am
Forum: Investing - Theory, News & General
Topic: Why Mr. Bogle prefers U.S stocks
Replies: 241
Views: 17535

Re: Why Mr. Bogle prefers U.S stocks

With all of the detailed and complicated comments on whether to invest in international or not, St. Jack did change to 20% allocation. Taylor did not mention it (heard it elsewhere) that I think his best argument for not having international exposure was to keep the investing process simple so that ...
by sschullo
Wed Jul 31, 2019 5:41 pm
Forum: Personal Consumer Issues
Topic: Beyond Meat Burger? Do you like?
Replies: 84
Views: 5695

Re: Beyond Meat Burger? Do you like?

duplication
by sschullo
Wed Jul 31, 2019 4:09 pm
Forum: Personal Consumer Issues
Topic: Beyond Meat Burger? Do you like?
Replies: 84
Views: 5695

Re: Beyond Meat Burger? Do you like?

Any decent food product to get away from wholly unhealthy dairy products (such as fruits, veggies, legumes, fish), a long list of products I try also to avoid: filthy petroleum (use solar and electric cars), prescription drugs (diet and exercise for health) and avoid expensive financial advisers (Va...
by sschullo
Mon Jul 29, 2019 6:05 pm
Forum: Personal Investments
Topic: Is a 403b even worth it?
Replies: 37
Views: 2445

Re: Is a 403b even worth it?

Welcome to the 403(b) world. I would avoid all four of those companies big time, no matter what the fees are. Make no mistake, you will not find out all of the costs, and if its an annuity, you will lose because those companies can reset the interest paid each year. There is a larger principle of re...
by sschullo
Thu Jul 25, 2019 1:32 pm
Forum: Personal Consumer Issues
Topic: Has anyone seen the documentary "Playing with FIRE?"
Replies: 216
Views: 18948

Re: Has anyone seen the documentary "Playing with FIRE?"

As someone who hasn't looked at much detail in FIRE: just watched it, and immediate reaction: kinda like following some bogleheads posts but in a movie format and seeing more of their reactions. They do cover quite a bit of high level and some details of saving, investing, prioritizing, and other a...
by sschullo
Thu Jul 25, 2019 1:23 pm
Forum: Personal Consumer Issues
Topic: Has anyone seen the documentary "Playing with FIRE?"
Replies: 216
Views: 18948

Re: Has anyone seen the documentary "Playing with FIRE?"

wrongfunds wrote:
Thu Jul 25, 2019 11:42 am
I don't see this on Netflix. Is it under different name?
The exes and the director are working on getting into Netflix and hopefully at Fincon. The film is doing well since the premiere in San Diego last June 1st. 500 people saw it in Richmond recently.
by sschullo
Thu Jul 25, 2019 1:17 pm
Forum: Investing - Theory, News & General
Topic: The Single Greatest Predictor of Future Stock Market Returns
Replies: 84
Views: 17226

Re: The Single Greatest Predictor of Future Stock Market Returns

Equity risk results in higher returns than fixed-income risk. I structure my portfolio based on mostly on risk and less on returns. We all know that equity has higher returns than fixed, value higher than growth, small higher than both Midcap and large-cap. And this holds up for the most part in int...
by sschullo
Wed Jul 24, 2019 11:02 pm
Forum: Personal Consumer Issues
Topic: Has anyone seen the documentary "Playing with FIRE?"
Replies: 216
Views: 18948

Re: Has anyone seen the documentary "Playing with FIRE?"

Yes, I have seen it, read the book, read the gurus' books, and helped produce the documentary. These young people have it all, investment savvy, frugal living, rejecting materialism because things don't make happiness and want to make the world a better place. I have been to their conferences and ac...
by sschullo
Wed Jul 24, 2019 5:06 pm
Forum: Investing - Theory, News & General
Topic: Book Recommendation: Adaptive Markets:Financial Evolution At The Speed Of Thought
Replies: 6
Views: 944

Re: Book Recommendation: Adaptive Markets:Financial Evolution At The Speed Of Thought

Adaptive Markets: Financial Evolution at the Speed of Thought By MIT Economist Andrew W. Lo I just finished the book. I liked it, not some much what he accomplished but what he did to connect across the several academic disciplines to explain the most difficult personal finance concepts. I walked aw...
by sschullo
Sun Jul 21, 2019 7:41 am
Forum: Personal Consumer Issues
Topic: Apollo 11 (In Real Time)
Replies: 62
Views: 4893

Re: Apollo 11 (In Real Time)

Consider this: 50 years ago, July 1969, man flew to the moon and walked around 50 years before that, July 1919, WWI had just ended, and first transatlantic flight 5 years before that, July 1914, just before WWI started, airplanes were made of wood and canvas. 10 years before that, Dec 1903, first p...
by sschullo
Thu Jul 18, 2019 12:20 pm
Forum: Personal Finance (Not Investing)
Topic: Why Personal Finance is not taught in Schools in the US
Replies: 59
Views: 2951

Re: Why Personal Finance is not taught in Schools in the US

Historically personal finance education was under the general home economics classes until a little known event that shocked the western world on October 4th, 1957. Science and math dominated the curriculum from then on. There is one passionate individual who is trying to change this by offering fre...
by sschullo
Wed Jul 17, 2019 5:07 pm
Forum: Personal Investments
Topic: What is your Re-balancing Trigger?
Replies: 28
Views: 1922

Re: What is your Re-balancing Trigger?

Sandtrap wrote:
Wed Jul 17, 2019 2:34 pm
+- 5% either way.
5% is the general rule of thumb.
by sschullo
Sun Jul 14, 2019 7:38 pm
Forum: Investing - Theory, News & General
Topic: WSJ wants to talk with teachers
Replies: 1
Views: 655

Re: WSJ wants to talk with teachers

Thank you!
Anne the reporter tells me that she interviewed another teacher. She needs a few more. Please pass the word.
Thanks in advance,
Steve
by sschullo
Thu Jul 11, 2019 9:59 pm
Forum: Investing - Theory, News & General
Topic: WSJ wants to talk with teachers
Replies: 1
Views: 655

WSJ wants to talk with teachers

Hi Bogleheads, I am posting this on behalf of a WSJ reporter with Mel Lindauer's permission. A reporter at Wall Street Journal is interested in speaking with current or former K-12 public school teachers who have invested in 403(b) annuities or mutual funds due, in part, to an endorsement of the pro...
by sschullo
Tue Jul 09, 2019 12:44 pm
Forum: Personal Consumer Issues
Topic: buying a suv we dont really need
Replies: 18
Views: 1307

Re: buying a suv we dont really need

Why does your wife want the SUV? Is she helping a friend by buying it? Would the SUV be a suitable replacement for one of your existing vehicles? Broken Man 1999 she wants it so we can drive 8 passenger vehicle so we take along additional guests with our family of 5 on trips and to pick up bulky it...
by sschullo
Tue Jul 09, 2019 11:45 am
Forum: US Chapters
Topic: New Orange County, CA Local Chapter established
Replies: 63
Views: 5515

Re: Orange County, CA chapter?

I'm open for suggestions on potential locations. taking a quick look at where the other local chapters meet it looks like generally folks are meeting at restaurants, food courts or libraries. I think if we get enough folks, we can try to choose a central location. I'm located in Irvine. A food cour...
by sschullo
Sat Jul 06, 2019 1:51 pm
Forum: Personal Investments
Topic: 403B and 457 Plan Options
Replies: 12
Views: 817

Re: 403B and 457 Plan Options

I totally get it. I wanted to teach math, physics, and/or computer science courses. A department head explained to me that they’re only hiring adjuncts who are basically paid minimum wage, have no guarantee of consistent hours, and may or may not, after many years, become tenured. I’ve read several...
by sschullo
Thu Jul 04, 2019 4:41 pm
Forum: US Chapters
Topic: Any Los Angeles area chapters?
Replies: 10
Views: 1049

Re: Any Los Angeles area chapters?

I think poster JMacdonald is still the LA area coordinator. Paging Joe.... Well, I tried to get a meeting going a while back at Philippe’s, but only one person showed up. Someone else needs to try a different location to see if there is any real interest. Hi Joe, I am hosting a birthday party on Ju...
by sschullo
Sun Jun 30, 2019 11:31 am
Forum: Investing - Theory, News & General
Topic: What are you up YTD? [Year To Date]
Replies: 2427
Views: 439138

Re: What are you up YTD? [Year To Date]

6.9%
33% stocks (tiny tilt toward value and small/mid cap)
67% bonds
by sschullo
Sat Jun 22, 2019 2:32 pm
Forum: Personal Consumer Issues
Topic: what was your worst major purchase? mine is a 2019 mazda3
Replies: 182
Views: 16628

Re: what was your worst major purchase? mine is a 2019 mazda3

buying my house with a swimming pool.
by sschullo
Tue Jun 11, 2019 8:42 am
Forum: Investing - Theory, News & General
Topic: The logical fallacy behind "Bonds Are For Safety"
Replies: 248
Views: 16713

Re: The logical fallacy behind "Bonds Are For Safety"

For years, the pundits have been saying that bonds are going to crash when interest rates increase. Interest rates have increased and my VG total bond market index had gone down to as low as $10.30 something. Yesterday, VG TBM NAV was $10.85 after yesterday's close. 2.5 years ago before interest rat...
by sschullo
Sun Jun 09, 2019 10:36 pm
Forum: Personal Investments
Topic: Do any teachers here use Aspire for 457 or 403(b) plans
Replies: 6
Views: 565

Re: Do any teachers here use Aspire for 457 or 403(b) plans

here is another discussion thread: viewtopic.php?t=273016

and more good news about Aspire: viewtopic.php?t=242155
by sschullo
Thu Jun 06, 2019 3:44 pm
Forum: Personal Consumer Issues
Topic: Suggestions for an "Off-topic" forum [other than Bogleheads]
Replies: 11
Views: 1619

Re: Suggestions for an "Off-topic" forum

Looking for suggestions for a place to post general questions/thoughts , since there is no "Off-topic" or "Lounge" forum here. I know about Reddit and Quora, but I don't really understand how they are different and which is better for what. Under consumer issues: the forum has had questions from; t...
by sschullo
Mon Jun 03, 2019 7:20 pm
Forum: Personal Finance (Not Investing)
Topic: Fun paid jobs after FIRE
Replies: 180
Views: 17217

Re: Fun paid jobs after FIRE

In my experience, a "fun paid job" is an oxymoron. I think is great for those people who love their jobs inside and out and get paid. I have paid for the fun experiences such as going to school by getting my Ph.D. at UCLA in my 40s. I loved it! I love being an advocate trying to reform the 403(b) pl...
by sschullo
Mon May 27, 2019 5:42 pm
Forum: Personal Finance (Not Investing)
Topic: Teaching jobs
Replies: 79
Views: 4962

Re: Teaching jobs

Well, this is very interesting! Math and science teachers are always in demand in less-prestigious schools. As others have said, keep looking and she will find a position. And then come back to tell us how terrible the 403(b) is.
by sschullo
Tue May 21, 2019 8:28 am
Forum: Investing - Theory, News & General
Topic: Actual Experience as true measure of risk tolerance
Replies: 82
Views: 6656

Re: Actual Experience as true measure of risk tolerance

People can easily sit comfortably in a financial adviser's office and comfortably say they are comfortable with a 60%, 70% equity allocation and are cool if their portfolio declines 20-30% or more. Then Mr. Bear hits and these same people panic. Some may use it as a lesson and awareness of their "tr...
by sschullo
Sun May 19, 2019 2:25 pm
Forum: Personal Finance (Not Investing)
Topic: FIRE - What am I missing in the News Stories
Replies: 223
Views: 15134

Re: FIRE - What am I missing in the News Stories

I just love the FI and the FIRE movement. It is the 21st-century version of the counter culture movement. My generation also rejected the materialistic world back in the 60s and 70s, but something changed in the 1980s with the borrow and spend! I think it started with the brilliant Mr. Money Mustach...
by sschullo
Sun May 19, 2019 2:09 pm
Forum: Personal Investments
Topic: why buy any bonds in your portfolio?
Replies: 24
Views: 3199

Re: why buy any bonds in your portfolio?

I buy bonds for the same reason you have money in a CD account. It is the fixed account allocation to split with the equity allocation that anybody over 50 and who needs the money for retirement. If one is leaving everything to charity or descendants, you don't need either a bond or cd, just 100% eq...
by sschullo
Sat May 18, 2019 8:55 am
Forum: Investing - Theory, News & General
Topic: Reporter doing story on new indexes
Replies: 13
Views: 1402

Re: Reporter doing story on new indexes

My strategy is simple. I buy the products of socially responsible companies (Tesla and Nissan Leaf, Real Goods for solar) and compost kitchen refuse in my garden. I buy the stock in these companies via the total stock market index. Save a bundle in energy costs year after year and reduce the cost of...
by sschullo
Mon Apr 29, 2019 11:53 am
Forum: Personal Consumer Issues
Topic: EXTREMELY frugal things from our parents and grandparents
Replies: 110
Views: 9939

Re: EXTREMELY frugal things from our parents and grandparents

GerryL wrote:
Mon Apr 29, 2019 11:45 am
BradJ wrote:
Mon Apr 29, 2019 6:25 am
Where we live, your sewer rate is based on your usage during the fall months. I have heard of people not flushing at the desired rate during that time for a cheaper rate.
"If it's yellow, let it mellow. If it's brown, flush it down."
Oh yeah! the 70s during the energy crisis.
by sschullo
Mon Apr 29, 2019 8:39 am
Forum: Personal Consumer Issues
Topic: EXTREMELY frugal things from our parents and grandparents
Replies: 110
Views: 9939

Re: EXTREMELY frugal things from our paernets and grandparents

Grandparents never had cell phones. :D My grandparents never had electricity. In 1938, 9 years before I was born, my parents installed electricity for the house, pump shed and the barn on our small family dairy farm in northern Wisconsin. In the 1940s, my dad bought his first electric starter tract...
by sschullo
Sat Apr 27, 2019 3:54 pm
Forum: Personal Finance (Not Investing)
Topic: Is this too much house and am I getting away from my financial goal?
Replies: 13
Views: 1660

Re: Is this too much house and am I getting away from my financial goal?

Ok, you have been debt free for a while (you did not say how long). So the question is how will you feel going back into debt vs. being debt free now. If you have just recently achieved debt freedom which is a tremendous achievement, I would hold off and continue feeling how great it is versus sitti...
by sschullo
Fri Apr 19, 2019 8:23 am
Forum: Personal Finance (Not Investing)
Topic: When did you start spending more and saving less?
Replies: 77
Views: 5327

Re: When did you start spending more and saving less?

Like others stated, When we retired. I agree as I have been retired for 11 years and I cannot spend down my portfolio. I save nothing and spend every dime from my investments and pension on the new love of my life, my book writing projects, taxes for a civilization that I enjoy, house upgrades, wor...
by sschullo
Wed Apr 03, 2019 7:18 pm
Forum: Personal Investments
Topic: 457b questions
Replies: 6
Views: 631

Re: 457b questions

No, you cannot transfer without a triggering event.
Here is a previous discussion on your question: viewtopic.php?t=59384
by sschullo
Thu Mar 28, 2019 8:59 pm
Forum: Personal Consumer Issues
Topic: Cost of ownership of buying Model 3
Replies: 55
Views: 4422

Re: Cost of ownership of buying Model 3 vs keeping my M235i.

I took it to my local service center where the people have known me for four years... Why have the service center employees become so familiar with you over the last four years? Have there been numerous opportunities to see and talk to you during that time? If so, why? Because I chat with them when...
by sschullo
Tue Mar 05, 2019 11:59 pm
Forum: Personal Finance (Not Investing)
Topic: K-12 Financial Literacy
Replies: 19
Views: 1279

Re: K-12 Financial Literacy

Go no further than Tim Ranzetta of Next Gen Personal Finance: https://www.ngpf.org/
by sschullo
Fri Mar 01, 2019 6:53 pm
Forum: Personal Finance (Not Investing)
Topic: When were you convinced that you had more than enough money?
Replies: 117
Views: 11932

Re: When were you convinced that you had more than enough money?

When it comes to investing and money, uncertainty never completely goes away even those unfortunate folks who won the lottery and lost it all within a few years. We live in uncertain times, create a portfolio that will address most of it, but be fully conscious of the simple fact that our investing ...
by sschullo
Sun Feb 24, 2019 11:43 am
Forum: Personal Investments
Topic: Is last December`s drop a bear market?
Replies: 26
Views: 2101

Re: Is last December`s drop a bear market?

It's a great question. Here are my 2 cents which have been repeated here ad Infinitum for decades: The only thing that the minus Q4 2018 returns prove is that we don't know when Mr. Bear comes, how long he stays, and we don't know when Mr. Bull will return. NEVER! You can call it whatever, correcti...
by sschullo
Sun Feb 24, 2019 11:31 am
Forum: Personal Investments
Topic: Is last December`s drop a bear market?
Replies: 26
Views: 2101

Re: Is last December`s drop a bear market?

It's a great question. Here are my 2 cents which have been repeated here ad Infinitum for decades: The only thing that the minus Q4 2018 returns prove is that we don't know when Mr. Bear comes, how long he stays, and we don't know when Mr. Bull will return. NEVER! You can call it whatever, correctio...
by sschullo
Sun Feb 17, 2019 4:17 pm
Forum: Personal Investments
Topic: Security benefits: nea directinvest issues
Replies: 7
Views: 634

Re: Security benefits: nea directinvest issues

This particular story has a happy ending. But how many more thread discussions here and 403bwise.com will it take persistent people like the OP to just find and save in a low-cost retirement plan and using the 403(b)? It is insane in the real world! The 403b should be just another tax-deferred retir...
by sschullo
Wed Feb 06, 2019 10:51 am
Forum: Personal Consumer Issues
Topic: What do you blame for unhappiness in retirement?
Replies: 53
Views: 3963

Re: What do you blame for unhappiness in retirement?

No matter what age, I am unhappy when I think about poor little me. I am happy I think about others and do things for the benefit of others. "If you want friends, be a friend," unknown author.
It's pretty simple.
by sschullo
Wed Feb 06, 2019 8:44 am
Forum: Investing - Theory, News & General
Topic: If you are old, why bother with rebalancing!!?
Replies: 114
Views: 8244

Re: If you are old, why bother with rebalancing!!?

Its part of being prudent, IMO. It's the one strategy that will get me to act like Buffett, who just about everybody in the world adores, especially the active management crowd, and that's to sell high and buy low! I rebalance more so than ever because I AM OLD! What is the matter with keeping my eq...
by sschullo
Mon Feb 04, 2019 8:17 pm
Forum: Personal Consumer Issues
Topic: Mr. Money Mustache donates $100k to charity, writes about effective altruism
Replies: 112
Views: 18901

Re: Mr. Money Mustache donates $100k to charity, writes about effective altruism

I find some of the responses here staggering. The lord knows I do not relinquish control of my money easily, but it amazes me when people denigrate people who do. I'm never going to look down on someone who gives, whether altruistically or because they expect some social credit for doing so, and I ...