Search found 61 matches

by silent_john
Mon Feb 15, 2021 8:35 pm
Forum: Investing - Theory, News & General
Topic: The premise of the "emergency fund" is flawed
Replies: 559
Views: 29280

Re: The premise of the "emergency fund" is flawed

Only on BH do we see 400+ replies debating on whether or not an emergency fund counts towards your investment allocation. I agree with Klang and others that I don't consider my EF as part of my INVESTABLE allocation at all. Ohh I'm actually 77.345634/23.634234 instead of 80/20 omg WHO CARES? :oops:
by silent_john
Sun Jan 31, 2021 6:13 pm
Forum: Investing - Theory, News & General
Topic: Does anyone feel like you are doing investing all wrong?
Replies: 127
Views: 10332

Re: Does anyone feel like you are doing investing all wrong?

Sometimes I wonder what all the meme stocks were back in 2013,2014,2015,2016,2017 ... I wonder what plays people made to blow up their accounts. I dont know because all I had at the time was my 401k that I didnt even know existed. I built it to ~85k before I even knew that I had one! Honestly, I thi...
by silent_john
Sun Jan 31, 2021 6:06 pm
Forum: Investing - Theory, News & General
Topic: Why is Bitcoin or Crypto currency valuable ?
Replies: 130
Views: 7614

Re: Why is Bitcoin or Crypto currency valuable ?

I understand the excitement over crypto, but I dont understand why I need to sign up for coinbase, buy btc/eth, download the keys onto a thumb drive, bury the drive in the middle of the desert, tattoo the gps coordinates on the bottom of my foot, and hope that the tattoo doesnt fade and I lose my k...
by silent_john
Fri Jan 29, 2021 10:06 pm
Forum: Investing - Theory, News & General
Topic: I still believe in “getting rich slowly”
Replies: 91
Views: 8688

Re: I still believe in “getting rich slowly”

I've seen enough threads on reddit about people losing their money, their job, their families, their mortgage, everything, to not buy into the hype. It's only a matter of time for most of these people. We all get lucky in different ways ... no need to chase fad stocks.

:beer
by silent_john
Fri Jan 08, 2021 9:21 am
Forum: Investing - Theory, News & General
Topic: Why isn't every indexer investing in small cap value index funds?
Replies: 372
Views: 34887

Re: Why isn't every indexer investing in small cap value index funds?

I held SCV index for about 3 years (not long, I know), but I agree with whomever said it: you have to be religious about it . Just following some of the small cap threads here made my head spin. I still believe in it to be honest; it makes sense to me. I simply just don't have the willpower and conv...
by silent_john
Tue Jan 05, 2021 10:56 am
Forum: Investing - Theory, News & General
Topic: Bitcoin
Replies: 124
Views: 8483

Re: Bitcoin

:beer
by silent_john
Mon Jan 04, 2021 2:52 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 13278
Views: 1026405

Re: U.S. stocks continue to soar!

anoop wrote: Mon Jan 04, 2021 2:19 pm
Most US companies have plenty of exposure to international markets.
The opposite is true as well. Or do you think that Americans never buy anything non-American?
by silent_john
Mon Jan 04, 2021 11:42 am
Forum: Investing - Theory, News & General
Topic: Are Bogleheads dinosaurs when it comes to Bitcoin?
Replies: 270
Views: 12059

Re: Are Bogleheads dinosaurs when it comes to Bitcoin?

Let me know when there's a cheap, diverse index fund of crypto available in my IRA. Until then, I have no interest creating an account on yet another website, buying bitcoin, transferring to an encrypted harddrive, driving to the mohave desert, burying the HD in the ground, encrypting the GPS coordi...
by silent_john
Sun Jan 03, 2021 10:02 pm
Forum: Investing - Theory, News & General
Topic: Are Bogleheads dinosaurs when it comes to Bitcoin?
Replies: 270
Views: 12059

Re: Are Bogleheads dinosaurs when it comes to Bitcoin?

yay another bitcoin thread. Awesome. :oops: we don't already have 10 of these a day
by silent_john
Fri Jan 01, 2021 7:30 am
Forum: Investing - Theory, News & General
Topic: A low-cost 5 fund Boglehead portfolio
Replies: 238
Views: 48740

Re: A low-cost 5 fund Boglehead portfolio

Anybody else holding US SCV, exUS SC, and EM only in IRA? I have target date fund in 401k since it's my only decent/cheap option. I love this 5 fund portfolio, but it's annoying dealing with multiple accounts. Some days I want to just simplify, but other day I love having this little tilt. :oops:
by silent_john
Tue Dec 29, 2020 3:37 pm
Forum: Investing - Theory, News & General
Topic: Ark Funds
Replies: 158
Views: 23438

Re: Ark Funds

What is driving all of the discussion about Ark funds here lately? BH in general has seen a shift lately. Ark funds (active investing?!), numerous bitcoin threads, leveraged products, market timing threads, etc. "Why not just go all in on <<insert newest hot thing>>? What am I missing?" I...
by silent_john
Thu Dec 17, 2020 11:06 am
Forum: Investing - Theory, News & General
Topic: Bitcoin breaks $20,000
Replies: 231
Views: 11286

Re: Bitcoin breaks $20,000

Seeing all of the comments of "free money" and "old bogleheads just don't get it", I'm reminded of this post that I saved a while ago. I return to it whenever I feel FOMO. Quite a few comments that posters here are "too conservative". Listen when we counsel many of the,...
by silent_john
Mon Dec 07, 2020 11:31 am
Forum: Investing - Theory, News & General
Topic: Database, R/Python package, or API for getting fund information
Replies: 11
Views: 1204

Re: Database, R/Python package, or API for getting fund information

I'd imagine something like Quandl has this, but I haven't dug too deep into it.
by silent_john
Mon Nov 02, 2020 5:08 pm
Forum: Personal Investments
Topic: What’s “your number” for each kid’s 529?
Replies: 439
Views: 27751

Re: What’s “your number” for each kid’s 529?

You have an income. Do you max up your tax-deferred accounts? KlangFool I max out both our IRAs and we both get close to maxing 401ks. Not sure what that has to do with anything when an account specifically for education exists in which gains are tax advantaged and contributions are tax deductible....
by silent_john
Mon Nov 02, 2020 4:21 pm
Forum: Personal Investments
Topic: What’s “your number” for each kid’s 529?
Replies: 439
Views: 27751

Re: What’s “your number” for each kid’s 529?

You have an income. Do you max up your tax-deferred accounts? KlangFool I max out both our IRAs and we both get close to maxing 401ks. Not sure what that has to do with anything when an account specifically for education exists in which gains are tax advantaged and contributions are tax deductible....
by silent_john
Mon Nov 02, 2020 4:09 pm
Forum: Personal Investments
Topic: What’s “your number” for each kid’s 529?
Replies: 439
Views: 27751

Re: What’s “your number” for each kid’s 529?

Strange thread with so many opting out of 529. Our's is 1 year old and we have ~9k in it already. There's no downside to 529 within the context of it being an education account . It can be used for so many things (tuition, room and board, computer), it can be used for high school even (I know MY pr...
by silent_john
Mon Nov 02, 2020 3:50 pm
Forum: Personal Investments
Topic: What’s “your number” for each kid’s 529?
Replies: 439
Views: 27751

Re: What’s “your number” for each kid’s 529?

Strange thread with so many opting out of 529. Our's is 1 year old and we have ~9k in it already. There's no downside to 529 within the context of it being an education account . It can be used for so many things (tuition, room and board, computer), it can be used for high school even (I know MY pr...
by silent_john
Mon Nov 02, 2020 12:31 pm
Forum: Personal Investments
Topic: What’s “your number” for each kid’s 529?
Replies: 439
Views: 27751

Re: What’s “your number” for each kid’s 529?

Strange thread with so many opting out of 529. Our's is 1 year old and we have ~9k in it already. There's no downside to 529 within the context of it being an education account . It can be used for so many things (tuition, room and board, computer), it can be used for high school even (I know MY pri...
by silent_john
Fri Oct 23, 2020 9:13 am
Forum: Investing - Theory, News & General
Topic: VXUS sideways... why hold it?
Replies: 62
Views: 4510

Re: VXUS sideways... why hold it?

People always say some variation of "US companies do business outside of the US, therefore I don't need ex-US".

Sorry for the absolutely noob question, but: don't international companies do business in the US? :confused
by silent_john
Wed Oct 21, 2020 2:43 pm
Forum: Investing - Theory, News & General
Topic: PayPal will let customers buy cryptocurrencies and use them for online payments
Replies: 26
Views: 2315

Re: PayPal will let customers buy cryptocurrencies and use them for online payments

How can they satisfy themselves re money laundering checks? You transfer money into PayPal account, where you buy crypto tokens which you can use to buy things on their platform. Other platform users receive these crypto tokens and exchange to money to transfer them out of their PayPal account. Wha...
by silent_john
Mon Sep 14, 2020 1:30 pm
Forum: Investing - Theory, News & General
Topic: Winklevoss: The Case for $500,000 Bitcoin
Replies: 349
Views: 24230

Re: Winklevoss: The Case for $500,000 Bitcoin

But are bitcoin enthusiasts sincere believers in bitcoin simply as a stable store of value and medium of exchange? Or is there, as I suspect, a very serious expectation that the engineered scarcity will continue to produce robust growth in value, a high rate of return? Mr Money Moustache said it be...
by silent_john
Tue Sep 01, 2020 2:35 pm
Forum: Investing - Theory, News & General
Topic: Investors Were Warned.
Replies: 171
Views: 14694

Re: Investors Were Warned.

I don't see how SCV tilt disagrees with the BH philosophy: Develop a workable plan :thumbsup Invest early and often :thumbsup Never bear too much or too little risk :thumbsup Diversify :thumbsup Never try to time the market :thumbsup Use index funds when possible :thumbsup Keep costs low :thumbsup M...
by silent_john
Tue Sep 01, 2020 9:07 am
Forum: Investing - Theory, News & General
Topic: Investors Were Warned.
Replies: 171
Views: 14694

Re: Investors Were Warned.

This just seems like a trolling post at this point. Pretty shameful, honestly. While I respect TL's often contradicting opinion , this is the first thing I thought when I saw the thread. TL's opinion and advice is well known since it's repeated, ad nauseum, in every single SCV thread on here.
by silent_john
Fri Aug 21, 2020 11:02 am
Forum: Investing - Theory, News & General
Topic: [In Aggregate] Active Funds Can't Beat Market
Replies: 19
Views: 831

Re: Active Funds Can't Beat Market

Fidelity did a study of their individual investors. The group that had the best performance were accounts where the owners forgot about the accounts! That’s right, not trading substantially outperformed active traders. Link here: https://www.bogleheads.org/forum/viewtopic.php?t=146347 Wasn't that F...
by silent_john
Fri Aug 21, 2020 10:24 am
Forum: Investing - Theory, News & General
Topic: [In Aggregate] Active Funds Can't Beat Market
Replies: 19
Views: 831

Re: Active Funds Can't Beat Market

Fidelity did a study of their individual investors. The group that had the best performance were accounts where the owners forgot about the accounts! That’s right, not trading substantially outperformed active traders. Link here: https://www.bogleheads.org/forum/viewtopic.php?t=146347 Wasn't that F...
by silent_john
Fri Aug 21, 2020 8:56 am
Forum: Investing - Theory, News & General
Topic: [In Aggregate] Active Funds Can't Beat Market
Replies: 19
Views: 831

Re: [In Aggregate] Active Funds Can't Beat Market

Another argument could be that you can buy certain stocks (small caps) that large funds either can't buy enough to move the needle (think Buffett...he's made this very argument with Berkshire) or couldn't buy without affecting the price adversely (buying shares at higher prices). Yes those are the ...
by silent_john
Fri Aug 21, 2020 8:34 am
Forum: Investing - Theory, News & General
Topic: [In Aggregate] Active Funds Can't Beat Market
Replies: 19
Views: 831

Re: Active Funds Can't Beat Market

The correct formulation is: “Active funds, in aggregate , cannot outperform the market”. This is from Nobel prize winning economist William Sharpe. Note that “in aggregate” is the key. Any given year many funds outperform the market (but more underperform the market, especially after expenses). The...
by silent_john
Fri Aug 21, 2020 8:28 am
Forum: Investing - Theory, News & General
Topic: [In Aggregate] Active Funds Can't Beat Market
Replies: 19
Views: 831

Re: Active Funds Can't Beat Market

I have never heard the second part of the argument, that "individual investors (you and me) can easily beat the market." Where did you see that? Individuals can 'supposedly' beat the market consistently and easily because they aren't moving huge amounts of money. I see this argument all t...