Search found 6688 matches

by Fallible
Fri Apr 19, 2019 4:52 pm
Forum: Personal Investments
Topic: First time posting - Portfolio Feedback
Replies: 9
Views: 769

Re: First time posting - Portfolio Feedback

Welcome to the forum! An 80/20 asset allocation seems reasonable based on your information, especially time horizon, but ultimately only you and your wife can know and decide what is right for both of you. If you DIY, check out the Bogleheads wiki under "Asset allocation" and in particular the link ...
by Fallible
Fri Apr 19, 2019 3:27 pm
Forum: Personal Investments
Topic: Thinking about selling stocks near all time highs
Replies: 76
Views: 5332

Re: Thinking about selling stocks near all time highs

... I want to clarify to all readers. I AM NOT THINKING ABOUT SELLING BECAUSE STOCKS ARE NEAR HIGHS. I AM THINKING ABOUT SELLING DUE TO REBALANCING RULES AND A CHANGE IN RISK TOLERANCE AFTER MANY YEARS OF INVESTING. ... OP, I sense your frustration in ALL-CAPS. if it helps, I thought you were clear...
by Fallible
Fri Apr 19, 2019 6:47 am
Forum: Personal Investments
Topic: Thinking about selling stocks near all time highs
Replies: 76
Views: 5332

Re: Thinking about selling stocks near all time highs

I am thinking about selling some stock ETFs after one of the strongest gains in the stock market since christmas 2018. I know that this slope that we're on cannot continue and has never historically continued at this rate, so a correction is inevitable. We're on pace for nearly a 60% return for the...
by Fallible
Thu Apr 18, 2019 11:42 pm
Forum: Personal Investments
Topic: Thinking about selling stocks near all time highs
Replies: 76
Views: 5332

Re: Thinking about selling stocks near all time highs

I am thinking about selling some stock ETFs after one of the strongest gains in the stock market since christmas 2018. I know that this slope that we're on cannot continue and has never historically continued at this rate, so a correction is inevitable. We're on pace for nearly a 60% return for the...
by Fallible
Wed Apr 17, 2019 1:04 pm
Forum: Personal Finance (Not Investing)
Topic: Insurance Advice after bicycle accident
Replies: 48
Views: 2657

Re: Insurance Advice after bicycle accident

Have you or your wife contacted your insurance agency? They should be able to answer your questions and we could then know better where you stand and offer our comments. What type of insurance? Medical? Our medical insurance is aware of the accident now that we've been to the hospital. Our driver's...
by Fallible
Wed Apr 17, 2019 12:29 pm
Forum: Personal Finance (Not Investing)
Topic: Insurance Advice after bicycle accident
Replies: 48
Views: 2657

Re: Insurance Advice after bicycle accident

Have you or your wife contacted your insurance agency? They should be able to answer your questions and we could then know better where you stand and offer our comments.
by Fallible
Mon Apr 15, 2019 5:00 pm
Forum: Investing - Theory, News & General
Topic: Career Advice: Is active management really dying?
Replies: 26
Views: 2803

Re: Career Advice: Is active management really dying?

Here's a balanced piece on the future of active management by Barry Ritholtz, who sees changes ahead in several areas, including lower fees for investors:

https://ritholtz.com/2018/08/bloomberg- ... ng-away-2/
by Fallible
Sun Apr 14, 2019 8:13 pm
Forum: Investing - Theory, News & General
Topic: "Serious Money" book - Free download
Replies: 17
Views: 2184

Re: "Serious Money" book - Free download

I don't know what quote you’re referring to. There are active managers who have skill and will beat the market; I just don't know how to identify them in advance. Sorry, Rick. In my post above I should have been more clear that I was referring to attempts by active managers (or their defenders) to ...
by Fallible
Sun Apr 14, 2019 7:09 pm
Forum: Personal Investments
Topic: Different investment strategies
Replies: 11
Views: 826

Re: Different investment strategies

I’d like to invest more, and own different assets currently I own VTI, VXUS, and BND what types of asset classes could I invest in more that with be considered a good investment? What is your overall investment plan and how would these different assets fit in with it? In one of your posts on a prev...
by Fallible
Sun Apr 14, 2019 6:41 pm
Forum: Investing - Theory, News & General
Topic: "Serious Money" book - Free download
Replies: 17
Views: 2184

Re: "Serious Money" book - Free download

Thanks, Rick. Look forward to reading it. In just a quick skim, I noticed a quote you used referring partly to advice to investors on how to beat the market. The quote reminds me of persistent claims by some active managers that active can still beat passive, even when it's generally not true, and d...
by Fallible
Sat Apr 13, 2019 8:46 pm
Forum: Investing - Theory, News & General
Topic: ETFs vs. Mutual Funds ("Bogleheads Mentioned in the NYT")
Replies: 59
Views: 7988

ETFs vs. Mutual Funds ("Bogleheads Mentioned in the NYT")

Perhaps those who consider using ETFs as being "unboglehead-like" should scan what the Head Boglehead (Mr. Bogle) had to say in his last book, Stay the Course: The Story of Vanguard and the Index Revolution . He even stated his support IF the ETF was bought to hold, and the ETF was for a broad-base...
by Fallible
Sat Apr 13, 2019 6:33 pm
Forum: Personal Investments
Topic: Is the disaster scenario for stocks a reason not to invest or pull out of the market?
Replies: 94
Views: 6756

Re: Is the disaster scenario for stocks a reason not to invest or pull out of the market?

So as someone entering retirement that will not be working due to health issues, what is a reasonable AA? (I'm cautiously optimistic about the future, maybe that's not the wisest attitude). You would continue to base an AA on your ability, willingness (risk tolerance), and need to rake risk, reflec...
by Fallible
Sat Apr 13, 2019 5:25 pm
Forum: Personal Investments
Topic: Is the disaster scenario for stocks a reason not to invest or pull out of the market?
Replies: 94
Views: 6756

Re: Is the disaster scenario for stocks a reason not to invest or pull out of the market?

If the disaster scenario for investing in stocks they drop 50% the day after you invest and don't recover for 3-5 years is that really a reason to be going to cash or avoid putting new money into equities? Or do people have an even more dire scenario in mind? It's a good question, almost a trick qu...
by Fallible
Sat Apr 13, 2019 4:58 pm
Forum: Personal Investments
Topic: Different investment strategies
Replies: 11
Views: 826

Re: Different investment strategies

I’d like to invest more, and own different assets currently I own VTI, VXUS, and BND what types of asset classes could I invest in more that with be considered a good investment? What is your overall investment plan and how would these different assets fit in with it? In one of your posts on a prev...
by Fallible
Thu Apr 11, 2019 3:43 pm
Forum: Personal Investments
Topic: Getting Started - Microinvesting Ideas & Guidance
Replies: 4
Views: 245

Re: Getting Started - Microinvesting Ideas & Guidance

When do they plan to buy a house? How much do they have in emergency funds?
by Fallible
Wed Apr 10, 2019 4:24 pm
Forum: Personal Investments
Topic: Reasonable plan for tilting?
Replies: 17
Views: 1551

Re: Reasonable plan for tilting?

... If I tinker, it won't be to chase performance. It will be because some other theoretical construct has caught my eye . However, I don't have any idea where else I would want to go. REITs, commodities, and gold all have zero appeal to me, and direct real-estate investment, though it has its appe...
by Fallible
Wed Apr 10, 2019 1:20 pm
Forum: Personal Finance (Not Investing)
Topic: How do 40 year olds decide what they can afford?
Replies: 85
Views: 9432

Re: How do 40 year olds decide what they can afford?

... How do others in their 40's make decisions about what they can afford with regards to "toys", gadgets, and other fun but unnecessary things? By toys, I mean RVs, boats, drones, bikes, cars (above and beyond basic transportation), phones (above and beyond what is necessary for daily life), etc. ...
by Fallible
Tue Apr 09, 2019 12:59 pm
Forum: Investing - Theory, News & General
Topic: What websites do you use for the latest investing news?
Replies: 51
Views: 3843

Re: What websites do you use for the latest investing news?

... My suggestion if you are still learning is to go through the suggested reading list and read some of the books (or re-read them if you have already read them): https://www.bogleheads.org/wiki/Books:_recommendations_and_reviews. ... The suggested reading gives a beginner to intermediate investor...
by Fallible
Tue Apr 09, 2019 12:37 pm
Forum: Investing - Theory, News & General
Topic: What websites do you use for the latest investing news?
Replies: 51
Views: 3843

Re: What websites do you use for the latest investing news?

I like to keep up with the most recent investing news throughout the day and use marketwatch, bloomberg new and reuters. What sites do you prefer to monitor throughout the day for financial news? I have been watching stocktwits some lately however it doesn't offer much with respect to good advice. ...
by Fallible
Sun Apr 07, 2019 9:16 am
Forum: Personal Consumer Issues
Topic: [On-going Scams - Post them here]
Replies: 118
Views: 4451

Re: Scam alert - USPS new feature playing a role

Update - I received a letter from the bank asking me to fill out and sign a "Certification of Fraud" form. The form asks me list fraudulent transactions. There are none that I know of, since the fraud was for a card that I was told was never sent out. The form also asks for phone and email contact ...
by Fallible
Sat Apr 06, 2019 7:39 pm
Forum: Personal Investments
Topic: Allocation for Mom
Replies: 7
Views: 662

Re: Allocation for Mom

... This could be a case where the eventual plan would be to use assets for an SPIA. Evaluation of health prospects is important to that. There are smokers who live to a great old age. ... There are smokers who live to old age, but how well they live given the many serious effects of smoking and re...
by Fallible
Sat Apr 06, 2019 5:51 pm
Forum: Personal Investments
Topic: Allocation for Mom
Replies: 7
Views: 662

Re: Allocation for Mom

Hello all, I have a question about asset allocation for my mom, and i know there are no right answers. A little background(most of which I've shared in the past as most of my posts are about poor ol' Mom): She's 65, retired, all overhead currently covered by husband, deferring her SS until 70. Her ...
by Fallible
Sat Apr 06, 2019 12:59 pm
Forum: US Chapters
Topic: Minnesota BH Main Meeting 4/20/19
Replies: 3
Views: 415

Minnesota BH Main Meeting 4/20/19

MN BH Main Meeting on Saturday, April 20, 2019 from 9:30-11:30 am {with optional Social Time 11:30 am-12:00 pm} at the Ridgedale Library, 12601 Ridgedale Drive, Minnetonka, MN, Rohlf main meeting room. https://goo.gl/maps/RfjeU4RitMm

 AGENDA 9:30 Introduction - Welcome, opening remarks, splinter gr...
by Fallible
Fri Apr 05, 2019 4:30 pm
Forum: Personal Investments
Topic: Asset allocation "tests"
Replies: 22
Views: 1235

Re: Asset allocation "tests"

How would she have reacted to any of the market crashes such as 2008 and the recessions that usually accompany them? Would she have felt panic and sold at a loss as millions of investors did? Have no idea right now, but that is what I am going to find out. Here is a new column from Morningstar's Ch...
by Fallible
Thu Apr 04, 2019 11:15 am
Forum: Personal Consumer Issues
Topic: [On-going Scams - Post them here]
Replies: 118
Views: 4451

Re: Scam alert - USPS new feature playing a role

Even if you didn't give out "more" information to her, did you verify some of it for her, such as SSN, addresses, birth date? Did you give her the correct employer address or correct birth date when she brought it up? Did she bring up any other personal info that needed verifying? Were you able to ...
by Fallible
Wed Apr 03, 2019 5:48 pm
Forum: Personal Consumer Issues
Topic: Valuing retirement years
Replies: 35
Views: 3499

Re: Valuing retirement years

Really two questions here - Should I retire early? Are earlier/younger years of retirement more valuable than later/older years? A. The key questions for early retirement are can you afford it and are you the type of person who "needs" to be at work? By the time they approach retirement age, whethe...
by Fallible
Wed Apr 03, 2019 5:02 pm
Forum: Personal Consumer Issues
Topic: [On-going Scams - Post them here]
Replies: 118
Views: 4451

Re: Scam alert - USPS new feature playing a role

Agree that the Informed Delivery connection seems to be unfounded. And it is not new, started 2 years ago yesterday. All I know is what the bank employee told me. She seemed to be quite concerned about the info they could use. Besides bank statements, I suppose they could figure out what health ins...
by Fallible
Wed Apr 03, 2019 11:02 am
Forum: Personal Investments
Topic: Investors Fantasy Plan
Replies: 9
Views: 658

Re: Investors Fantasy Plan

You've already identified the problem. In your own words: "IF the market finally enters the correction that everyone has predicted for the last 5 years, I could..."

Your idea is based on market "ifs" and predictions, on a future no one can know.
by Fallible
Tue Apr 02, 2019 6:18 pm
Forum: Investing - Theory, News & General
Topic: Robotic Trading > Irrational Retail investors?
Replies: 27
Views: 1661

Re: Robotic Trading > Irrational Retail investors?

Best to read Zweig's book that I mentioned. Why? What particular thing do you want me to pull out? ... You asked me why I said risk tolerance changes and I mentioned some reasons, including mood changes described in the "Risk" chapter in Zweig's book. After that, I figure it's up to you whether to ...
by Fallible
Tue Apr 02, 2019 5:33 pm
Forum: Personal Investments
Topic: Asset allocation "tests"
Replies: 22
Views: 1235

Re: Asset allocation "tests"

Falibble, you are making good points and we will discuss about what you indicated, but right know I do not know much, just my estimations about her expanses and pension which can be misleading. She has a couple of renting properties, so she won't be that much dependent on her portfolio. Nevertheles...
by Fallible
Tue Apr 02, 2019 4:48 pm
Forum: Investing - Theory, News & General
Topic: Help on Women and Investing
Replies: 90
Views: 5199

Re: Help on Women and Investing

... Yes, both men and women can be in need of help, but I believe there are more women than men for whatever reason. Maybe times will change? Women and men do have different problems investing, but whether women have more problems overall than men I don't think has been established. And maybe times...
by Fallible
Tue Apr 02, 2019 1:00 pm
Forum: Investing - Theory, News & General
Topic: Robotic Trading > Irrational Retail investors?
Replies: 27
Views: 1661

Re: Robotic Trading > Irrational Retail investors?

Risk tolerance is never easy to capture by anyone or any thing. It is about individual emotions and it changes often. Before investors go robo, there is first the need to know themselves. Isn't that where behavioral finance comes in? ... However, why do you say that people's risk tolerance varies? ...
by Fallible
Tue Apr 02, 2019 11:43 am
Forum: Investing - Theory, News & General
Topic: Robotic Trading > Irrational Retail investors?
Replies: 27
Views: 1661

Re: Robotic Trading > Irrational Retail investors?

Risk tolerance is never easy to capture by anyone or any thing. It is about individual emotions and it changes often. Before investors go robo, there is first the need to know themselves. Isn't that where behavioral finance comes in? ... However, why do you say that people's risk tolerance varies? ...
by Fallible
Tue Apr 02, 2019 11:01 am
Forum: Personal Investments
Topic: Asset allocation "tests"
Replies: 22
Views: 1235

Re: Asset allocation "tests"

This isn't a test, but two notes of interest I would give to get a beginner or someone unfamiliar with investing very basic but important points about stocks and bonds: My mom know this theory, that's why she says she wants to be 100 bonds:) My point is to convince her to have stocks. She is 10 yea...
by Fallible
Tue Apr 02, 2019 11:01 am
Forum: Personal Investments
Topic: Asset allocation "tests"
Replies: 22
Views: 1235

Re: Asset allocation "tests"

This isn't a test, but two notes of interest I would give to get a beginner or someone unfamiliar with investing very basic but important points about stocks and bonds: My mom know this theory, that's why she says she wants to be 100 bonds:) My point is to convince her to have stocks. She is 10 yea...
by Fallible
Mon Apr 01, 2019 8:08 pm
Forum: Investing - Theory, News & General
Topic: Robotic Trading > Irrational Retail investors?
Replies: 27
Views: 1661

Re: Robotic Trading > Irrational Retail investors?

You need to define Robotic trading. Answers getting here is for High Frequency Trading (HFT). Robotic trading can be Automated trading, algorthimic trading or HFT. First two is rational for retail, HFT is not. The OP is referring to “Robo Advisers”, like Betterment and Wealth Front. You input you g...
by Fallible
Mon Apr 01, 2019 7:57 pm
Forum: Investing - Theory, News & General
Topic: Robotic Trading > Irrational Retail investors?
Replies: 27
Views: 1661

Re: Robotic Trading > Irrational Retail investors?

Phineas J. Whoopee wrote:
Mon Apr 01, 2019 1:30 pm
Who wrote the algorithm, and what are their behavioral traits?
PJW
Right. Algorithms are people too, biases working to mitigate biases.
by Fallible
Mon Apr 01, 2019 7:40 pm
Forum: Investing - Theory, News & General
Topic: Help on Women and Investing
Replies: 90
Views: 5199

Re: Help on Women and Investing

Yes, there apparently is a lack of confidence among some women in investing and general money management. I don’t know how prevalent it is, or how much more prevalent it is among women than men, or how much it affects their investment strategy, but it’s there. I don't know the prevalence either. My...
by Fallible
Mon Apr 01, 2019 7:21 pm
Forum: Personal Consumer Issues
Topic: What Book Are You Currently Reading? Part VI
Replies: 3727
Views: 1073537

Re: What Book Are You Currently Reading? Part VI

Just finished Bad Blood, by John Carreyrou, the story of Elizabeth Holmes and Theranos. Outstanding read, I could barely put it down. I read it a few months ago, finishing in a couple of days. Yes, an outstanding read, and one that outraged me about the lives put at risk by a "technology" that didn...
by Fallible
Sun Mar 31, 2019 9:55 pm
Forum: Investing - Theory, News & General
Topic: Help on Women and Investing
Replies: 90
Views: 5199

Re: Help on Women and Investing

Owing to individual differences (nature and nurture) some people - men and women - will be more interested in investing than others and also will approach it differently, e.g., passively or actively, conservatively or aggressively, with or without sufficient self-control, alone or DIY. But as has b...
by Fallible
Sun Mar 31, 2019 7:20 pm
Forum: Investing - Theory, News & General
Topic: Help on Women and Investing
Replies: 90
Views: 5199

Re: Help on Women and Investing

Owing to individual differences (nature and nurture) some people - men and women - will be more interested in investing than others and also will approach it differently, e.g., passively or actively, conservatively or aggressively, with or without sufficient self-control, with help or DIY. But as ha...
by Fallible
Sun Mar 31, 2019 5:41 pm
Forum: Personal Consumer Issues
Topic: Valuing retirement years
Replies: 35
Views: 3499

Re: Valuing retirement years

Having time to maintain or improve health and avoid or at least delay major illnesses associated with aging could be the main reason to retire early. Good health is everything.
by Fallible
Sun Mar 31, 2019 12:09 pm
Forum: Personal Consumer Issues
Topic: Best Book to Understand Shakespeare?
Replies: 16
Views: 995

Re: Best Book to Understand Shakespeare?

Still, he also has said "there cannot be a definitive Shakespeare." I don't know how to interpret that. The definitive Shakespeare is the actual Shakespeare, no? Or is he talking about "shakespeare analysis ? Yes, he was referring to analysis. He goes on to recommend in general the Arden Shakespear...
by Fallible
Sun Mar 31, 2019 11:36 am
Forum: Personal Consumer Issues
Topic: Best Book to Understand Shakespeare?
Replies: 16
Views: 995

Re: Best Book to Understand Shakespeare?

A Shakespeare "expert" recently recommended Harold Bloom's, "Shakespeare: The Invention of the Human." Several online reviews panned the book and am wondering if there is one "go to" book that surveys his plays, characters, quotes, meanings, etc." Thanks in advance for any suggestions. Roosevelt. I...
by Fallible
Sat Mar 30, 2019 2:39 pm
Forum: Investing - Theory, News & General
Topic: Help on Women and Investing
Replies: 90
Views: 5199

Re: Help on Women and Investing

... I teach without reference to men or women, but my experiences have been that men are more likely to attend and more men invest than women. ... Much has been written about this, as I'm sure you know, but here's a 2018 article by financial author Jean Chatzky that takes up many of the factors inv...
by Fallible
Sat Mar 30, 2019 8:57 am
Forum: Investing - Theory, News & General
Topic: Robert Shiller: "Was the Stock-Market Boom Predictable?"
Replies: 65
Views: 4060

Re: Robert Shiller: "Was the Stock-Market Boom Predictable?"

Robert Shiller asks. "While the conventional wisdom holds that it is never possible to "time the market," it might seem that major shifts – like the quadrupling of the US stock market over the last decade – should be at least partly foreseeable. Why aren't they?" The quadrupling in the S&P 500 pric...
by Fallible
Sat Mar 30, 2019 8:49 am
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 4375
Views: 1143920

Re: What Movie Have You Recently Watched?

My Favorite Wife on Turner Classic Movies (TCM) channel. This comedy stars Cary Grant and Irene Dunne. Wife is lost in a shipwreck, is presumed dead (in a great courtroom scene at the start of the movie), husband remarries, and on the day of his remarriage the missing wife reappears. Very funny. Ag...
by Fallible
Fri Mar 29, 2019 9:33 pm
Forum: Investing - Theory, News & General
Topic: Help on Women and Investing
Replies: 90
Views: 5199

Re: Help on Women and Investing

As a volunteer, I teach an investment course in our community about beginning investing. I don’t sell anything. Not a FA. Just someone who learned. Many men who come are concerned about their wives, mothers, daughters or other women they know who are reluctant investors. I’d like to get more person...
by Fallible
Fri Mar 29, 2019 12:52 pm
Forum: Personal Consumer Issues
Topic: Learning Violin as an adult...1000 hours in...
Replies: 212
Views: 32745

Re: Learning Violin as an adult...1000 hours in...

I hear overall improvement, especially intonation. :thumbsup As you nail down the more technical aspects, do you find yourself concentrating more on tones?
by Fallible
Fri Mar 29, 2019 11:52 am
Forum: Personal Investments
Topic: Learning investor and I need help regarding my asset allocation
Replies: 6
Views: 349

Re: Learning investor and I need help regarding my asset allocation

Welcome to the forum. The Bogleheads' "Guide" book you're reading is excellent on asset allocation, including having a plan, time horizon, and knowing your risk tolerance. Another good book is All About Asset Allocation , 2nd ed., by pro Boglehead Rick Ferri. But don't stop there! Also read the Bogl...