Search found 6366 matches

by Fallible
Tue Sep 18, 2018 3:22 pm
Forum: Personal Consumer Issues
Topic: Dental work and hypertension issue
Replies: 9
Views: 375

Re: Dental work and hypertension issue

I can't advise, but this from the National Institutes of Health may help, along with the American Dental Association website on blood pressure:

https://www.ncbi.nlm.nih.gov/pmc/articles/PMC5074706/
by Fallible
Mon Sep 17, 2018 8:05 pm
Forum: Investing - Theory, News & General
Topic: Unchanging opinions
Replies: 25
Views: 2098

Re: Unchanging opinions

Please comment on today's WSJ Real Time Economics posting: "We find that ... individuals are reluctant to incorporate new information. ... OP, my comment is that this reveals - at long last and not a moment too soon -the source of confirmation bias. What is your comment? My comment is that it makes...
by Fallible
Mon Sep 17, 2018 7:48 pm
Forum: Investing - Theory, News & General
Topic: Unchanging opinions
Replies: 25
Views: 2098

Re: Unchanging opinions

stvchang wrote:
Mon Sep 17, 2018 9:03 am
Please comment on today's WSJ Real Time Economics posting:

"We find that ... individuals are reluctant to incorporate new information. ...
OP, my comment is that this reveals - at long last and not a moment too soon -the source of confirmation bias.

What is your comment?
by Fallible
Mon Sep 17, 2018 6:00 pm
Forum: Investing - Theory, News & General
Topic: Is there such thing as saving TOO much?
Replies: 66
Views: 5172

Re: Is there such thing as saving TOO much?

Yes, there is such a thing as saving too much - if you don't need to save that much and if it's making you unhappy. You seem to be happy, although it's interesting that you asked the question.
by Fallible
Mon Sep 17, 2018 5:10 pm
Forum: Personal Consumer Issues
Topic: are iPad Minis obsolete?
Replies: 27
Views: 2589

Re: are iPad Minis obsolete?

I bought my iPad mini a few years ago and use it daily. I had planned to get an iPad, but didn't like the size or weight. I picked up the mini and loved it. I also bought the keypad for it and am still surprised how easy it was to adapt to the tiny keys. I'll be very disappointed if it's discontinued.
by Fallible
Mon Sep 17, 2018 2:18 pm
Forum: Local Chapters and Bogleheads Community
Topic: Minnesota BH Fall Main Meeting 10/27/18
Replies: 1
Views: 200

Re: Minnesota BH Fall Main Meeting 10/27/18

Save the Date! Hello Financial Friends! Autumn is falling into place and we are gearing up for the Main Meeting next month. Please mark your calendars for Saturday 10/27/2018 in the morning from 9:30 to 11:30am. The meeting location will be the Southdale Library, Full Meeting Room, 2nd floor, 7001 ...
by Fallible
Sun Sep 16, 2018 1:28 pm
Forum: Personal Finance (Not Investing)
Topic: The Boglehead is anti-entrepreneur?
Replies: 62
Views: 3798

Re: The Boglehead is anti-entrepreneur?

To say that Bogleheads are anti-entrepreneur is simply a non-starter. I don't think anyone would claim that Jack Bogle, Rick Ferri and Mel Lindauer are not Bogleheads, and yet all three are entrepreneurs. In addition to those three, the Bogleheads Community includes a large number of other entrepre...
by Fallible
Sat Sep 15, 2018 1:55 pm
Forum: Personal Finance (Not Investing)
Topic: The Boglehead is anti-entrepreneur?
Replies: 62
Views: 3798

Re: The Boglehead is anti-entrepreneur?

I told a former colleague I used the BH forums and his response was “Yeah, they don’t like our tribe.” What he meant was we believed in taking risk. ... I agree with him to some extent that BHs don’t like the entrepreneurial way of life, or maybe just ignore it as someone else’s cross to bear. BHs ...
by Fallible
Fri Sep 14, 2018 2:30 pm
Forum: Investing - Theory, News & General
Topic: Slight fear of investing in general now
Replies: 20
Views: 2000

Re: Slight fear of investing in general now

This is completely normal. As you get older and your portfolio grows (i.e. you have more to lose) while your future earning power diminishes (i.e. you have less time to make up any losses with earnings from your work)--it is expected that you will get more risk adverse. You should probably re-exami...
by Fallible
Thu Sep 13, 2018 4:37 pm
Forum: Personal Consumer Issues
Topic: How to help teenager fix silly mistakes in math?
Replies: 50
Views: 3098

Re: How to help teenager fix silly mistakes in math?

DW works in the schools. Her advice is to ask the school for advice. There may be a guidance counselor, psychologist, or specialist who can provide professional advice. This would also be the advice of my relatives who were teachers, especially considering some of the mistakes described and the vis...
by Fallible
Thu Sep 13, 2018 11:50 am
Forum: Investing - Help with Personal Investments
Topic: How to stay the course when you “think” you can outsmart the market
Replies: 36
Views: 2129

Re: How to stay the course when you “think” you can outsmart the market

I truly believe indexing is the best way to invest but sometimes “ideas” get the best of me. For example with the hurricane approaching I thought it would be a smart move to buy Generac, already down 5% . I was curious how often other boggleheads trade short term and how the smart ones have the dis...
by Fallible
Thu Sep 13, 2018 12:18 am
Forum: Investing - Help with Personal Investments
Topic: What do I do with my investments during a downturn/recession?
Replies: 24
Views: 2715

Re: What do I do with my investments during a downturn/recession?

... 1) When a downturn hits, do I switch to a more conservative TRD fund? Or do I just stay the course and let it ride. Or do I buy more? ... You deal with these questions when first setting an asset allocation that you can stay with through a market downturn. That allocation should be based on you...
by Fallible
Wed Sep 12, 2018 5:20 pm
Forum: Investing - Theory, News & General
Topic: [A Boglehead explains the simplest way to manage your money - alternative viewpoint]
Replies: 45
Views: 4430

Re: [A Boglehead explains the simplest way to manage your money - alternative viewpoint]

I would say the issue is not with the portfolio at all, but rather with the investor behavior that always hitches a ride on its coattails. No need for "shaming". Investor behavior has a far greater impact on investing results than the most cleverly designed portfolio ever could. Reality doesn't car...
by Fallible
Wed Sep 12, 2018 11:46 am
Forum: Investing - Help with Personal Investments
Topic: Hypothetical Question - Market Timing
Replies: 43
Views: 2340

Re: Hypothetical Question - Market Timing

This is strictly a hypothetical situation for educational purposes only. I know that market timing is not a great strategy. Here's the 2 different scenarios... Market today - S&P 500 @ 3,000 1) If I invest 10,000 today in a S&P 500 index fund, and the market drops by 50% over the next 6 months, the...
by Fallible
Mon Sep 10, 2018 12:53 pm
Forum: Local Chapters and Bogleheads Community
Topic: Minnesota BH Fall Main Meeting 10/27/18
Replies: 1
Views: 200

Minnesota BH Fall Main Meeting 10/27/18

Save the Date! Hello Financial Friends! Autumn is falling into place and we are gearing up for the Main Meeting next month. Please mark your calendars for Saturday 10/27/2018 in the morning from 9:30 to 11:30am. The meeting location is the Southdale Library, Full Meeting Room, 2nd floor, 7001 York A...
by Fallible
Sun Sep 09, 2018 7:28 pm
Forum: Investing - Theory, News & General
Topic: Why Bull Markets Are Dangerous
Replies: 152
Views: 16039

Re: Why Bull Markets Are Dangerous

Rick, your mom is a lucky investor to have you as an advisor and I'm sure she knows that. Thanks for sharing her concerns and your wise advice. I also see bull-market overconfidence out there, but also what seems to be increasing bear-market under-confidence in how long the run can last, if only bec...
by Fallible
Sun Sep 09, 2018 5:13 pm
Forum: Personal Finance (Not Investing)
Topic: I think my father has a gambling problem
Replies: 78
Views: 6650

Re: I think my father has a gambling problem

I agree with those here who feel you do not have enough information to diagnose addiction, but it is good that you are following up on your concerns as best you can. This from Harvard Medical School, "When Gambling Might Be A Problem," may help', and there also is Gamblers Anonymous. "Do you have a ...
by Fallible
Fri Sep 07, 2018 9:25 pm
Forum: Investing - Theory, News & General
Topic: Lessons from the financial crisis (Pisani, CNBC)
Replies: 52
Views: 4942

Re: Lessons from the financial crisis (Pisani, CNBC)

When he says investors don't act rationally in a crisis, that can refer not just to panic selling, but to poor investing in the first place, i.e., investors taking on too much risk and failing to ask themselves how much they can afford to lose in a crash, especially if they lose jobs. And when he s...
by Fallible
Fri Sep 07, 2018 8:20 pm
Forum: Investing - Theory, News & General
Topic: Lessons from the financial crisis (Pisani, CNBC)
Replies: 52
Views: 4942

Re: Lessons from the financial crisis (Pisani, CNBC)

When he says investors don't act rationally in a crisis, that can refer not just to panic selling, but to poor investing in the first place, i.e., investors taking on too much risk and failing to ask themselves how much they can afford to lose in a crash, especially if they lose jobs. And when he s...
by Fallible
Fri Sep 07, 2018 6:13 pm
Forum: Investing - Theory, News & General
Topic: Lessons from the financial crisis (Pisani, CNBC)
Replies: 52
Views: 4942

Re: Lessons from the financial crisis (Pisani, CNBC)

When he says investors don't act rationally in a crisis, that can refer not just to panic selling, but to poor investing in the first place, i.e., investors taking on too much risk and failing to ask themselves how much they can afford to lose in a crash, especially if they lose jobs. And when he sa...
by Fallible
Thu Sep 06, 2018 12:34 pm
Forum: Personal Finance (Not Investing)
Topic: Should I keep my financial advisor
Replies: 130
Views: 7432

Re: Should I keep my financial advisor

As a financial advisor and a CPA.... I recommend that you find somebody who does both financial advising and tax prep. As I mentioned earlier, most "financial advisors" will offer "tax advice", but it is vastly inferior to the tax advice you will get from a person who actually prepares tax returns ...
by Fallible
Tue Sep 04, 2018 6:23 pm
Forum: Personal Consumer Issues
Topic: BH Musicians, your feedback for the violin noobie?
Replies: 9
Views: 599

Re: BH Musicians, your feedback for the violin noobie?

I should first say that I have never played the violin, although I have played other instruments enough to appreciate what you are accomplishing. I hear overall improvement in the areas nicely (and professionally) described by the poster jazztonight and especially intonation when you hit that sweet ...
by Fallible
Mon Sep 03, 2018 8:44 pm
Forum: Investing - Theory, News & General
Topic: Does it make sense to invest in individual stocks (like Kanye West) if you stick to what you know?
Replies: 110
Views: 5501

Re: Does it make sense to invest in individual stocks if you stick to what you know?

thanks for posting. I'm very surprised to see this kind of article at Humble Dollar, which is Jonathan Clement's website. Jonathan does not advocate owning individual stocks to my knowledge, so I'm very surprised this advice is on his website. Exactly, I was surprised too and that's why I thought i...
by Fallible
Mon Sep 03, 2018 5:19 pm
Forum: Investing - Help with Personal Investments
Topic: Advice for an 87-year-old?
Replies: 36
Views: 2106

Re: Advice for an 87-year-old?

My father (87) has over $150K in a checking account right now, and I'd like to get him into something more appropriate. He's healthy right now, and can live off his other small but adequate retirement income, so he doesn't really need that money unless some emergency comes up. While he'd like to le...
by Fallible
Sun Sep 02, 2018 1:51 pm
Forum: Personal Consumer Issues
Topic: What Book Are You Currently Reading? Part VI
Replies: 3286
Views: 992538

Re: What Book Are You Currently Reading? Part VI

Edit: to add that I thought the movie could've gone a bit more into Katharine's relationship with her father, in particular her educational choices and work on newspapers before she met Phil Graham. The movie is a narrative of a very specific event: the death of her husband etc. are referred to as ...
by Fallible
Sun Sep 02, 2018 12:17 pm
Forum: Investing - Theory, News & General
Topic: Most commonly misused/misunderstood investing terms and concepts (on BH forum)
Replies: 220
Views: 11075

Re: Most commonly misused/misunderstood investing terms and concepts (on BH forum)

Simplicity is misunderstood on this forum. For a group that espouses simplicity as a core principle, things get complicated around here in a hurry. Sure does. The problem is, simplicity seems boring, so people make things complicated. But what simple really is is hard, darn hard, given our human na...
by Fallible
Fri Aug 31, 2018 9:12 pm
Forum: Personal Consumer Issues
Topic: What Book Are You Currently Reading? Part VI
Replies: 3286
Views: 992538

Re: What Book Are You Currently Reading? Part VI

Edit: to add that I thought the movie could've gone a bit more into Katharine's relationship with her father, in particular her educational choices and work on newspapers before she met Phil Graham. The movie is a narrative of a very specific event: the death of her husband etc. are referred to as ...
by Fallible
Thu Aug 30, 2018 10:34 am
Forum: Personal Consumer Issues
Topic: Body language coach?
Replies: 26
Views: 2865

Re: Body language coach?

I've found myself in a position at work that has more sales than I am comfortable with. I am generally an introverted quiet person and I do not have problems managing below me but am having trouble connecting with possible clients. I've taken sales classes before so once I connect I think I'm okay ...
by Fallible
Wed Aug 29, 2018 8:03 pm
Forum: Personal Consumer Issues
Topic: What Book Are You Currently Reading? Part VI
Replies: 3286
Views: 992538

Re: What Book Are You Currently Reading? Part VI

After watching the excellent Steven Spielberg film, The Post , some months ago, I got curious about how close it played to the real events. So I re-read Katharine Graham's book, Personal History , and then the Pentagon Papers section in the book, Ben Bradlee: A Good Life , and thought it was close ...
by Fallible
Wed Aug 29, 2018 3:47 pm
Forum: Investing - Theory, News & General
Topic: Most commonly misused/misunderstood investing terms and concepts (on BH forum)
Replies: 220
Views: 11075

Re: Most commonly misused/misunderstood investing terms and concepts (on BH forum)

I think some misunderstandings result from making basically simple terms more complex than they really are (something we investors are known for). Some examples: -"Nobody knows nothing": I've always understood those simple words to be in the context of market forecasting. Take it out of that context...
by Fallible
Tue Aug 28, 2018 8:56 pm
Forum: Personal Consumer Issues
Topic: National Bowtie Day
Replies: 9
Views: 722

Re: National Bowtie Day

Bowties are cute and should have their day, but to get this on some financial footing... WSJ columnist Jason Zweig once wrote a column on Financial LIteracy Month that began: Now that April has ended, let’s all pause for a moment and remember that it was Financial Literacy Month. Of course, April wa...
by Fallible
Tue Aug 28, 2018 6:12 pm
Forum: Investing - Theory, News & General
Topic: Most commonly misused/misunderstood investing terms and concepts (on BH forum)
Replies: 220
Views: 11075

Re: Most commonly misused/misunderstood investing terms and concepts (on BH forum)

Two often seen on the forum even though they are written up nicely in the wiki, BH books, and blogs:

-Market timing: the predictive component is sometimes misunderstood.

-Rebalancing: the purpose, which is to maintain a preset allocation, is sometimes misunderstood.
by Fallible
Mon Aug 27, 2018 10:58 am
Forum: Personal Consumer Issues
Topic: Your Best Mood Boosting Books (not self-help)
Replies: 29
Views: 2327

Re: Your Best Mood Boosting Books (not self-help)

I’m looking for recommendations for mood-boosting books. They can be fiction, poetry or non-fiction. ... What are some of the best books you’ve read that you found to be uplifting and why? ... Anything that brings perspective and insight, especially with good humor. That would include works of Shak...
by Fallible
Sun Aug 26, 2018 7:49 pm
Forum: Investing - Theory, News & General
Topic: NYT - Caring for Aging Parents, With an Eye on the Broker Handling Their Savings
Replies: 26
Views: 2448

Re: NYT - Caring for Aging Parents, With an Eye on the Broker Handling Their Savings

It’s all so sadly familiar and there are so many, many more cases like this out there that will never surface. Even more distressing, look what it took for this broker to get caught: an almost chance discovery by the client's daughter of “unusual” account activity and a comparison to her own account...
by Fallible
Thu Aug 23, 2018 2:50 pm
Forum: Forum Issues and Administration
Topic: Rating system for posts/posters ?
Replies: 60
Views: 2528

Re: Rating system for posts/posters ?

+1000000000 Brilliant suggestion. I completely agree. I second this. Admin what would it take to make this happen ? What I think will be useful for this forum is having to ability to rate answers and highest rated answer will move to the top of the page. This way if you find old question that is ap...
by Fallible
Thu Aug 23, 2018 2:26 pm
Forum: Forum Issues and Administration
Topic: Rating system for posts/posters ?
Replies: 60
Views: 2528

Re: Rating system for posts/posters ?

+1000000000 Brilliant suggestion. I completely agree. I second this. Admin what would it take to make this happen ? What I think will be useful for this forum is having to ability to rate answers and highest rated answer will move to the top of the page. This way if you find old question that is ap...
by Fallible
Thu Aug 23, 2018 11:34 am
Forum: Forum Issues and Administration
Topic: Rating system for posts/posters ?
Replies: 60
Views: 2528

Re: Rating system for posts/posters ?

davidsorensen32 wrote:
Wed Aug 22, 2018 11:49 pm
Hello Admins, just thinking aloud - how do you feel about incorporating some sort of rating system for posts (or posters) ? ...
And who rates the raters?
by Fallible
Wed Aug 22, 2018 1:30 pm
Forum: Investing - Help with Personal Investments
Topic: Looking for help building a portfolio that can weather a bear market but can also get us to our goals.
Replies: 20
Views: 1690

Re: Looking for help building a portfolio that can weather a bear market but can also get us to our goals.

Welcome to the forum! You're asking the right questions and here is basic information to know. To "weather" a bear market, i.e., to stay the course versus losing sleep and/or bailing out in a panic in the next downturn/crash, you'll want to invest according to your need, ability, and willingness (to...
by Fallible
Sun Aug 19, 2018 5:46 pm
Forum: Investing - Theory, News & General
Topic: "Cognitive Biases Tricking Your Brain" (The Atlantic, Sept 2018)
Replies: 4
Views: 977

Re: "Cognitive Biases Tricking Your Brain" (The Atlantic, Sept 2018)

Thanks for an interesting article on a fascinating topic. Daniel Kahneman and others have said that awareness of our biases is a first and key step in dealing with them. This article shows some of those possible steps and the author seems to feel that after "immersing" himself in the field he has "n...
by Fallible
Sun Aug 19, 2018 11:05 am
Forum: Investing - Theory, News & General
Topic: How to Underperform the Market
Replies: 48
Views: 4913

Re: How to Underperform the Market

Kahneman has written about “expert intuition” that can require much experience, often many years in one field, to make extremely fast, but correct decisions. So the intuition of System 1 does not always lead to poor decisions. This is true, but I don't think investing is a domain where expert intui...
by Fallible
Sat Aug 18, 2018 1:52 pm
Forum: Investing - Theory, News & General
Topic: How to Underperform the Market
Replies: 48
Views: 4913

Re: How to Underperform the Market

... I think cognitive biases are not the same as falling prey to your emotions. Emotions can lead to faulty thinking, but sometimes your thinking is contaminated by its own faulty logic and emotion has nothing to do with it. ... What are examples of where cognitive (faulty thinking) is not affected...
by Fallible
Fri Aug 17, 2018 9:39 pm
Forum: Investing - Theory, News & General
Topic: Invest in Tesla?
Replies: 330
Views: 24982

Re: Invest in Tesla?

... The best case scenario is a new CEO coming on board soon (Sheryl Sandburg or the like), settling the SEC crap fast, doing a capital raise, and going from there. ... But will Musk allow it? Can he give up some control and work that closely with someone? Can he be forced to? Who will force it and...
by Fallible
Fri Aug 17, 2018 8:15 pm
Forum: Investing - Help with Personal Investments
Topic: Better Behavioural Finance Books?
Replies: 17
Views: 1326

Re: Better Behavioural Finance Books?

I specifically recommended Thaler's books earlier in this thread, because he is a "real economist" and his work has a greater emphasis on the behavioral finance. ... Victoria, that's a good point about Thaler being an economist, the link between the psychologists Kahneman and Tversky and the econom...
by Fallible
Fri Aug 17, 2018 7:55 pm
Forum: Investing - Theory, News & General
Topic: How to Underperform the Market
Replies: 48
Views: 4913

Re: How to Underperform the Market

... I think cognitive biases are not the same as falling prey to your emotions. Emotions can lead to faulty thinking, but sometimes your thinking is contaminated by its own faulty logic and emotion has nothing to do with it. ... What are examples of where cognitive (faulty thinking) is not affected...
by Fallible
Fri Aug 17, 2018 1:35 pm
Forum: Investing - Theory, News & General
Topic: How to Underperform the Market
Replies: 48
Views: 4913

Re: How to Underperform the Market

... I think cognitive biases are not the same as falling prey to your emotions. Emotions can lead to faulty thinking, but sometimes your thinking is contaminated by its own faulty logic and emotion has nothing to do with it. ... What are examples of where cognitive (faulty thinking) is not affected...
by Fallible
Thu Aug 16, 2018 7:34 pm
Forum: Investing - Theory, News & General
Topic: Invest in Tesla?
Replies: 330
Views: 24982

Re: Invest in Tesla?

usk Perhaps it's time for Elon to step down as CEO and put someone in charge who knows how to properly run a public company. I get that he's a "big ideas" guy who wants to change the world. That's fine. As CTO, he can do that, setting the direction of what Tesla is going to do. He needs someone to g...
by Fallible
Thu Aug 16, 2018 5:56 pm
Forum: Investing - Help with Personal Investments
Topic: Better Behavioural Finance Books?
Replies: 17
Views: 1326

Re: Better Behavioural Finance Books?

The wiki lists some of the best in the "Behavioral finance" category:
https://www.bogleheads.org/wiki/Books:_ ... nd_reviews

Are you looking for anything in particular on this topic?
by Fallible
Thu Aug 16, 2018 5:50 pm
Forum: Investing - Theory, News & General
Topic: How to Underperform the Market
Replies: 48
Views: 4913

Re: How to Underperform the Market

The many, many reasons for underperformance are listed in the best investment books, including Winning the Loser's Game by Charles Ellis (pgs. 61-63), A Wealth of common Sense by Ben Carlson (pgs. 20-25), The Four Pillars of Investing by Bill Bernstein ("The Psychology of Investing" pillar), etc. Th...
by Fallible
Wed Aug 15, 2018 11:11 am
Forum: Personal Consumer Issues
Topic: Are merchants more (too) careless these days?
Replies: 24
Views: 2254

Re: Are merchants more (too) careless these days?

An interesting reply to my self is that companies are seeking to drive up productivity to reduce labour costs. Amazon is famous for this. That pushes workers to work harder, and they make more mistakes . The equivalent of speeding up a car production line, where quality control is not measured. Yes...