Search found 2336 matches

by sschullo
Mon Jul 16, 2018 4:14 pm
Forum: Personal Consumer Issues
Topic: Going solar?
Replies: 73
Views: 5474

Re: Going solar?

We spent a lot on everything, particularly green technologies. At the time no one could give us any real estimate of what we would save, we knew it wasn’t that economical but were interested in being a guinea pig for upscale use of green technologies, which were uncommon in our area at that time. W...
by sschullo
Wed Jul 11, 2018 9:46 am
Forum: Investing - Help with Personal Investments
Topic: Why not go 100% stocks?
Replies: 116
Views: 11443

Re: Why not go 100% stocks?

Go the Warren Buffett route: 90% S & P 500; 10% bonds. Specifically 10% in "short-term government bonds" "My advice to the trustee could not be more simple: Put 10% of the cash in short-term government bonds and 90% in a very low-cost S&P 500 index fund. (I suggest Vanguard’s.)" I think I read from...
by sschullo
Tue Jul 10, 2018 9:00 pm
Forum: Personal Consumer Issues
Topic: Walking Coast-to-Coast
Replies: 86
Views: 6558

Re: Walking Coast-to-Coast

Congrats! Although nothing like your remarkable story, I have a friend who ran 26 straight L.A. Marathons and my niece who rode the AIDS ride from SF to LA.
by sschullo
Mon Jul 09, 2018 11:14 am
Forum: Investing - Theory, News & General
Topic: Buffett says Bonds are a terrible investment now. What should we invest in besides stocks?
Replies: 150
Views: 22559

Re: Buffett says Bonds are a terrible investment now. What should we invest in besides stocks?

I invest 70% of my portfolio in bonds, not because of returns, but because of balance. Buffett doesn't have to worry about balancing his portfolio (are you kidding?!). He is in a different universe. And what he says is great for him, and he is correct for him. As a mere mortal and a nobody, I have ...
by sschullo
Sat Jul 07, 2018 8:16 am
Forum: Personal Finance (Not Investing)
Topic: How to "retire" in your 30's article
Replies: 110
Views: 14519

Re: How to "retire" in your 30's article

I am going to a CampFI (Financial Independence) meeting in my neighborhood next month. I am sure my girlfriend and I will be the oldest attending. I have been following the Financial Independence movement for a couple of years. Their rock stars are Mr. Money Mustache of course, but also Vicky Robins...
by sschullo
Mon Jul 02, 2018 7:04 pm
Forum: Investing - Theory, News & General
Topic: What are you up YTD? [Year To Date]
Replies: 1934
Views: 349844

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

34% equities 66% bonds.
Essentially FLAT up just $1184.00 out of a 7 figure portfolio. My positive return is so small in the that I could not read my calculator!
by sschullo
Mon Jul 02, 2018 7:01 pm
Forum: Personal Consumer Issues
Topic: Any Boglehead powerlifters?
Replies: 95
Views: 5955

Re: Any Boglehead powerlifters?

I have used weights since the early 1980s, as part of my routine of hiking and walking. In my younger days, I used to run to feel good and for weight control, but now I feel good without running.
by sschullo
Mon Jul 02, 2018 7:27 am
Forum: Investing - Help with Personal Investments
Topic: What % of your equity is int’l?
Replies: 141
Views: 7712

Re: What % of your equity is int’l?

32% of my equity allocation

8% of my entire portfolio
by sschullo
Thu Jun 28, 2018 10:27 am
Forum: Investing - Theory, News & General
Topic: Are we just way over complicating this?
Replies: 113
Views: 7165

Re: Are we just way over complicating this?

I agree. The construction of a boglehead portfolio is simple. It is our emotions that keep many from sticking with it. But you are right on one point, the discussions are sometimes very complicated, and not necessary for new investors. Many people just want to come here, straighten themselves out an...
by sschullo
Tue Jun 26, 2018 7:19 am
Forum: Personal Finance (Not Investing)
Topic: Retirees: When you cut spending, what do you cut?
Replies: 84
Views: 8456

Re: Retirees: When you cut spending, what do you cut?

Invested in solar panels and 100% electric cars and I not only cut back on electric power bill but get refunds back from my power company.
by sschullo
Mon Jun 18, 2018 7:12 pm
Forum: Investing - Help with Personal Investments
Topic: Young and rich
Replies: 33
Views: 5326

Re: Young and rich

I think you will be OK because you are wise enough to come here and seek advice. Sooooo, whatever you do with all the good advice you have received make sure your wife is on board with you! She must agree to invest this huge amount of money and leave it alone long term, and that it will be best for ...
by sschullo
Mon Jun 18, 2018 7:02 pm
Forum: Investing - Help with Personal Investments
Topic: Investment book recommendations?
Replies: 12
Views: 1091

Re: Investment book recommendations?

AlohaJoe wrote:
Fri Jun 15, 2018 9:46 pm
kmwilson343 wrote:
Fri Jun 15, 2018 9:29 pm
Hey fellow Bogleheads. Trying to educate myself on investing.
The wiki is as good a place to start as any (note the "Further reading" at the bottom)
https://www.bogleheads.org/wiki/Getting_started
+1
by sschullo
Mon Jun 18, 2018 7:01 pm
Forum: Personal Consumer Issues
Topic: How do you read books?
Replies: 34
Views: 3084

Re: How do you read books?

Very slowly and then to help comprehend the material, I have written about 15 book reviews on Amazon. I have listened to some books on tape but prefer the ebook or the paperback.
by sschullo
Sun Jun 17, 2018 5:09 pm
Forum: Investing - Theory, News & General
Topic: "Money Talk" Radio Program with Bob Brinker
Replies: 15
Views: 1806

Re: "Money Talk" Radio Program with Bob Brinker

I learned about investing from Brinker back in the 1990s and early 2000, but since he missed the 2008 crash when he failed to warn his followers, he might have lost a lot of credibility. Even Jack Bogle wondered why he was not asked to be a guest on his show any more. Jack told me while he doesn't f...
by sschullo
Sat Jun 16, 2018 3:51 pm
Forum: Personal Finance (Not Investing)
Topic: Best Advice You Never Took
Replies: 100
Views: 13683

Re: Best Advice You Never Took

College friends blew a head gasket when I announced that I was enlisting in the Marines at the height of Vietnam. While he did not say that I should not go, my older brother reminded me that they are shooting people there (he was a WWII vet).
by sschullo
Sat Jun 16, 2018 9:13 am
Forum: Investing - Theory, News & General
Topic: Which boglehead rule do you break--and are ok with
Replies: 152
Views: 11896

Re: Which boglehead rule do you break--and are ok with

Skipped a couple of principles: As a consumer: 1. Bought two new cars in the last 6 years and one was expensive. However, my behavior is still boglehead as I still own them and plan on keeping them. BTW I lend out the Nissan Leaf on http://turo.com/ and so I make a little money on the side. 2. Have...
by sschullo
Sat Jun 16, 2018 8:29 am
Forum: Personal Consumer Issues
Topic: Bogleheads, tell me about your 40's?
Replies: 179
Views: 37603

Re: Bogleheads, tell me about your 40's?

My 40s were great. I was in great physical shape and ran my first marathon at age 40 in Los Angeles and another in a warm downpour in Honolulu. Most importantly, I also not only started learning about in genuine stock market investing in mutual funds (vs. those horrific nongrowth annuities), I beat ...
by sschullo
Fri Jun 15, 2018 3:41 pm
Forum: Investing - Theory, News & General
Topic: Which boglehead rule do you break--and are ok with
Replies: 152
Views: 11896

Re: Which boglehead rule do you break--and are ok with

Skipped a couple of principles: As a consumer: 1. Bought two new cars in the last 6 years and one was expensive. However, my behavior is still boglehead as I still own them and plan on keeping them. BTW I lend out the Nissan Leaf on http://turo.com/ and so I make a little money on the side. 2. Have ...
by sschullo
Thu Jun 14, 2018 2:36 pm
Forum: Personal Consumer Issues
Topic: Drive from Phoenix to San Diego
Replies: 42
Views: 2698

Re: Drive from Phoenix to San Diego

Except for San Diego, all the places you mentioned (PHX, Grand Canyon, Joshua Tree NP and Palm Springs) are very HOT in late June. O.k., maybe it is not so hot in GCNP. I think you should just go straight to San Diego for June. Try to visit those hot places in the winter. +1 +2 The desert SW is a b...
by sschullo
Wed Jun 13, 2018 8:13 pm
Forum: Investing - Help with Personal Investments
Topic: Better late than never
Replies: 7
Views: 1253

Re: Better late than never

Take a look at Vanguard's Wellesley (It might be closed to new investors). Since you relatively risk adverse but open to suggestions, this fund is already balanced between stocks and bonds and appropriate for people our age. I am 70. I own this fund which holds about 12.5% of my entire portfolio. We...
by sschullo
Mon Jun 11, 2018 9:21 am
Forum: Personal Consumer Issues
Topic: House sale by owner - Problems & Pitfalls?
Replies: 30
Views: 1674

Re: House sale by owner - Problems & Pitfalls?

We sold two properties ourselves and saved a bundle on those dreaded COMMISSIONS! It was work but according to surveys, it is neighbors or friends/family of your neighbors who will most likely buy your house.
by sschullo
Sun Jun 10, 2018 10:19 pm
Forum: Personal Consumer Issues
Topic: How much to invest in elementary education?
Replies: 37
Views: 2542

Re: How much to invest in elementary education?

Interesting Warren Buffett said in an Interview that no Warren kids attended a private school, but I digress. Send your children to a public school, and the money you save can be used to hire private tutors, one or two of the following depending on what you children are interested in: music (singing...
by sschullo
Fri Jun 08, 2018 4:44 pm
Forum: Investing - Help with Personal Investments
Topic: questions about TIAA traditional fund in 401K
Replies: 9
Views: 375

Re: questions about TIAA traditional fund in 401K

My questions are 1. Is it ok to use this fund to replace the US bond index fund in the three-fund portfolio? The past year performance (3.89% 1 year, 4.02% 3-year, 4.06% 5-year, 4.46% 10-year) looks good to me. That's what I do. 2. What is the expense/fee to own TIAA traditional? It is easy to find...
by sschullo
Mon Jun 04, 2018 11:01 pm
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 3602
Views: 1027875

Re: What Movie Have You Recently Watched?

The Rider
Great movie about the relationship between horses and one sensitive cowboy who is recovering from a serious head injury after a rodeo incident. Located and beautifully filmed in the Dakotas, not Texas.
by sschullo
Sat May 26, 2018 4:39 pm
Forum: Investing - Theory, News & General
Topic: Buffett says Bonds are a terrible investment now. What should we invest in besides stocks?
Replies: 150
Views: 22559

Re: Buffett says Bonds are a terrible investment now. What should we invest in besides stocks?

I invest 70% of my portfolio in bonds, not because of returns, but because of balance. Buffett doesn't have to worry about balancing his portfolio (are you kidding?!). He is in a different universe. And what he says is great for him, and he is correct for him. As a mere mortal and a nobody, I have ...
by sschullo
Mon May 21, 2018 8:45 am
Forum: Local Chapters and Bogleheads Community
Topic: HAPPY BIRTHDAY MR. BOGLE: Let's Get The Party Started One Day Early
Replies: 70
Views: 6293

Re: HAPPY BIRTHDAY MR. BOGLE: Let's Get The Party Started One Day Early

I have so much to be thankful because of you Jack. Since 2004, I have saved so much portfolio expenses that I bought two new electric cars, solar panels on my house and a kitchen remodel. With the returns in the last ten years, I have spent tens of thousands writing and self-publishing with giving a...
by sschullo
Sat May 19, 2018 11:37 am
Forum: Investing - Theory, News & General
Topic: Buffett says Bonds are a terrible investment now. What should we invest in besides stocks?
Replies: 150
Views: 22559

Re: Buffett says Bonds are a terrible investment now. What should we invest in besides stocks?

I invest 70% of my portfolio in bonds, not because of returns, but because of balance. Buffett doesn't have to worry about balancing his portfolio (are you kidding?!). He is in a different universe. And what he says is great for him, and he is correct for him. As a mere mortal and a nobody, I have a...
by sschullo
Mon May 14, 2018 6:23 pm
Forum: Investing - Help with Personal Investments
Topic: Should I decrease my international exposure?
Replies: 8
Views: 975

Re: Should I decrease my international exposure?

The question is why you want to change your well thought out portfolio now?
Past data says that if you do you will get a higher return from one versus the other?
I save myself a lot of headaches, and heartaches by owning them both, and be done with it.
by sschullo
Mon Apr 30, 2018 6:56 pm
Forum: Personal Finance (Not Investing)
Topic: How would you handle a request for money from a niece?
Replies: 89
Views: 7216

Re: How would you handle a request for money from a niece?

You have so much going on with caring for your mother, and all of this additional stress is over $100? Seriously? There is a lot more to this and you probably are not aware of. Say no. I am just not sitting comfortably here telling you what to do. I said no to a grand nephew who asked for $2000 doll...
by sschullo
Sat Apr 28, 2018 8:34 pm
Forum: Personal Consumer Issues
Topic: Which literary magazine do you read?
Replies: 12
Views: 800

Re: Which literary magazine do you read?

The Sun. https://www.thesunmagazine.org An ad-free magazine of writers (and photographers) supported by its readers. Sun's tag line: personal, political, provocative. Well written, carefully edited short stories, poetry, essays, interviews and tasty morsels, loosely related by a theme each issue. I...
by sschullo
Mon Apr 23, 2018 6:47 pm
Forum: Personal Finance (Not Investing)
Topic: How to Minimize Your Emergency Care Expenses
Replies: 246
Views: 42893

Re: How to Minimize Your Emergency Care Expenses

... 1. I live in Rancho Mirage, CA, a city that will pay for ambulance service for all citizens . But I don't need them because my HMO covers it as well. ... The bolded is not exactly correct. According to the city's website, they bill your insurance ("Medicare and other health-care insurance provi...
by sschullo
Tue Apr 17, 2018 2:00 pm
Forum: Personal Finance (Not Investing)
Topic: How to Minimize Your Emergency Care Expenses
Replies: 246
Views: 42893

Re: How to Minimize Your Emergency Care Expenses

... 1. I live in Rancho Mirage, CA, a city that will pay for ambulance service for all citizens . But I don't need them because my HMO covers it as well. ... The bolded is not exactly correct. According to the city's website, they bill your insurance ("Medicare and other health-care insurance provi...
by sschullo
Sat Apr 14, 2018 7:16 am
Forum: Investing - Theory, News & General
Topic: Is there a such thing as a blue collar Boglehead?
Replies: 251
Views: 37029

Re: Is there a such thing as a blue collar Boglehead?

In my experience, blue-collar and even middle-class perspectives are not often welcomed on this site. The assumption from many posters seems to be that anyone who is smart and hard-working should be wealthy, and those who are not wealthy are lacking something. How so? I've never felt that, but mayb...
by sschullo
Tue Apr 10, 2018 1:10 pm
Forum: Investing - Theory, News & General
Topic: Retirees: Who's increasing their equities as they age?
Replies: 74
Views: 5975

Re: Retirees: Who's increasing their equities as they age?

Nope, sticking with my 30/70 plan like I have since 2007 when I was a youngster at 59 when I suffered a 70% loss during the tech crash when I had about 98% in tech stocks. That loss really affected me in more good ways than negative.
by sschullo
Mon Apr 09, 2018 7:42 pm
Forum: Investing - Help with Personal Investments
Topic: Too many funds in retirement accounts
Replies: 12
Views: 1317

Re: Too many funds in retirement accounts

This IS a HUGE MESS with 37 individual stocks with an assortment of iShares and brokerage house funds. And not only that, your family member says that selling any of the 39% of the portfolio now devoted to individual stocks is a "nonstarter," I think you are dealing with a gambler. This is boglehead...
by sschullo
Thu Apr 05, 2018 6:53 am
Forum: Personal Finance (Not Investing)
Topic: How to Minimize Your Emergency Care Expenses
Replies: 246
Views: 42893

Re: How to Minimize Your Emergency Care Expenses

I am extremely lucky to have two health care plans, the VA and from work in retirement for life. I skipped over your post realizing once again, how lucky I do not have to use the complicated information you provide and take two or three hours of my time trying to understand it: Plus 1. I live in Ra...
by sschullo
Wed Apr 04, 2018 9:15 pm
Forum: Investing - Help with Personal Investments
Topic: Financial Advisor fees? Am I paying too much?
Replies: 54
Views: 4835

Re: Financial Advisor fees? Am I paying too much?

Decide for yourself if 1.55% adviser costs are too much by looking at this simple table I created. The green column is my cost with all of my money in Vanguard and TIAA. While I don't have a 1.55% column you can estimate what your cost is per year, and then multiply the annual costs for as many year...
by sschullo
Wed Apr 04, 2018 8:46 pm
Forum: Investing - Theory, News & General
Topic: The "American companies I invest in already have international exposure" argument --- valid or not?
Replies: 139
Views: 11301

Re: The "American companies I invest in already have international exposure" argument --- valid or not?

I read JL Collins book and wrote a five-star review on Amazon. I remember thinking about the no international exposure and simply ignored his advice, as he keeped referring to Jack B throughout the book, which was a huge plus for me. I invest in all possible asset classes which are broadly diversifi...
by sschullo
Wed Apr 04, 2018 7:53 pm
Forum: Personal Finance (Not Investing)
Topic: How to Minimize Your Emergency Care Expenses
Replies: 246
Views: 42893

Re: How to Minimize Your Emergency Care Expenses

I am extremely lucky to have two health care plans, the VA and from work in retirement for life. I skipped over your post realizing once again, how lucky I do not have to use the complicated information you provide and take two or three hours of my time trying to understand it: Plus 1. I live in Ran...
by sschullo
Wed Apr 04, 2018 7:33 pm
Forum: Investing - Theory, News & General
Topic: Has anyone changed their AA/IPS/investing strategy recently?
Replies: 25
Views: 2358

Re: Has anyone changed their AA/IPS/investing strategy recently?

Nope, my 30/70 AA stock-bond split has been good to me for over a decade.
by sschullo
Fri Mar 30, 2018 7:16 pm
Forum: Local Chapters and Bogleheads Community
Topic: A lot of heavy hitters this morning
Replies: 244
Views: 20131

Re: A lot of heavy hitters this morning

I'm an old retired guy who long ago stopped worrying about how much income I have relative to others. But I will say that I'm often amazed by some of the incomes relatively young people (say, in their 30s and 40s) are earning these days if BH posts are to be believed (and I gave no reason to disbel...
by sschullo
Fri Mar 30, 2018 10:26 am
Forum: Investing - Theory, News & General
Topic: What are you up YTD? [Year To Date]
Replies: 1934
Views: 349844

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

-.75% for a 33%/67% portfolio.
by sschullo
Thu Mar 29, 2018 9:47 pm
Forum: Investing - Theory, News & General
Topic: What is the endgame for Millennials?
Replies: 128
Views: 9853

Re: What is the endgame for Millennials?

I am surprised this thread has not been locked. It is pointless to predict the future of stock prices as it is to predict what will happen to any generation. It's all guesswork, except for a few pointers that just about everyone who reads this forum regularly already knows. Get an education, work ha...
by sschullo
Thu Mar 29, 2018 2:09 pm
Forum: Personal Consumer Issues
Topic: Anyone Deleting Facebook?
Replies: 338
Views: 25045

Re: Anyone Deleting Facebook?

Nope. I use FB to spread the financial word to my teacher colleagues about the great Boglehead discussions here and what St. Jack is doing. I know Kathy Ryan, Rick Ferri, Mel and Adrian have posted on FB too. This forum has to diversify (remember that word) to get the word in front of people who wil...
by sschullo
Thu Mar 29, 2018 1:16 pm
Forum: Local Chapters and Bogleheads Community
Topic: Post your Financial Milestone Announcements Here
Replies: 424
Views: 41323

Re: Post your Financial Milestone Announcements Here

Just wanted to send you a personal note of congratulations on your milestone! Way to go on keeping your expenses so low! :D I hope to be in your position in the future earning six figures on my investments and reaping the rewards of good decision making from years past. :beer As a side note, this i...
by sschullo
Thu Mar 29, 2018 11:46 am
Forum: Local Chapters and Bogleheads Community
Topic: Post your Financial Milestone Announcements Here
Replies: 424
Views: 41323

Re: Post your Financial Milestone Announcements Here

Hi Bogleheads, It just occurred to me that I have a milestone! It’s about my income rather than my portfolio amount. Last year, 2017, for the first time in my 70 years, I reached an annual gross income level of $200,000+! Most people will never earn $200,000 per year, I never came close. And this in...
by sschullo
Wed Mar 28, 2018 7:23 pm
Forum: Local Chapters and Bogleheads Community
Topic: A lot of heavy hitters this morning
Replies: 244
Views: 20131

Re: A lot of heavy hitters this morning

I learned a long time ago not to compare. There are highly elite talented people everywhere and then there is just me, an uncomplicated farm kid who did pretty good in the big city starting with nothing and with no talents for anything. I was very shy and afraid of my own shadow as a young man. Not ...
by sschullo
Tue Mar 27, 2018 10:00 am
Forum: Investing - Theory, News & General
Topic: What are you up YTD? [Year To Date]
Replies: 1934
Views: 349844

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

Beardstown Ladies called this morning before the open to let me know YTD the value of my portfolio is UP a bit over 20%. I feel incredibly fortunate to have had these results so within a couple years of my retirement. Just a lucky dog. You will need at least 80/20 to get 20%. If you have 60/40 mix,...
by sschullo
Tue Mar 27, 2018 9:56 am
Forum: Investing - Help with Personal Investments
Topic: Lowest fees for 403(b) for Texas Teacher
Replies: 19
Views: 1293

Re: Lowest fees for 403(b) for Texas Teacher

I know this is a pain in the butt, but you really have to look closely at each plan's fund options. Sometimes hidden among a slew of high expense funds is a sole low expense index fund. Some of the plans may offer good stable value funds that can serve as the bond portion of your portfolio. Could a...