Search found 6060 matches

by Fallible
Mon Dec 18, 2017 11:41 am
Forum: Investing - Theory, News & General
Topic: What Experts Say About "Simplicity"
Replies: 19
Views: 18674

Re: What Experts Say About "Simplicity"

... Lets face it complexity sells better than simplicity. ... And no one knows that better than Wall Street with its ridiculousy complex jargon. WSJ columnist Jason Zweig has said of that jargon: Wall Street has a particular fetish for inventing unnecessarily complicated ways of achieving simple go...
by Fallible
Sun Dec 17, 2017 5:06 pm
Forum: Investing - Help with Personal Investments
Topic: What to do after losing $117k in stock market?
Replies: 156
Views: 15879

Re: What to do after losing $117k in stock market?

Thank You. This is the first weekend in 4 years that I did not research/read about stocks. I feel a little empty because stocks was such a big part of my life. But I do feel much more relaxed because not worrying and constantly thinking about what to buy at the market open on Monday. This is an imp...
by Fallible
Fri Dec 15, 2017 9:00 pm
Forum: Investing - Theory, News & General
Topic: What Experts Say About "Simplicity"
Replies: 19
Views: 18674

Re: What Experts Say About "Simplicity"

Credit: thefinancebuff.com - Friday mails. Solving Hard Problems With Simple Ideas by Morgan Housel at Collaborative Fund http://www.collaborativefund.com/blog/solving-hard-problems-with-simple-ideas/ A simple idea is easier to follow consistently. The consistency makes for times when the simple id...
by Fallible
Thu Dec 14, 2017 6:11 pm
Forum: Investing - Help with Personal Investments
Topic: I’ve made huge errors and hope it’s not too late
Replies: 35
Views: 4666

Re: I’ve made huge errors and hope it’s not too late

So since reading here and waking up..... I need to move on (it’s been very hard as I keep beating myself up) and see forward. We have plenty to be thankful for and I don’t want to throw myself a pity party. I do realize I grew up poor and in the back of my mind that’s the lack of risk taker in me. ...
by Fallible
Wed Dec 13, 2017 3:16 pm
Forum: Personal Finance (Not Investing)
Topic: Almost fell off my chair...
Replies: 16
Views: 4359

Re: Almost fell off my chair...

PlayingLife wrote:
Wed Dec 13, 2017 10:55 am
... b) I never saw the opposite happen and when it does to this extent, I am going to throw up. Even with staying the course ; )
Nobody said staying the course was easy. So just make sure your asset allocation reflects that.
by Fallible
Tue Dec 12, 2017 5:40 pm
Forum: Investing - Help with Personal Investments
Topic: What to do after losing $117k in stock market?
Replies: 156
Views: 15879

Re: What to do after losing $117k in stock market?

Besides taking up the great investing advice you've been given here, also try to better understand yourself, why you feel drawn to speculating and are struggling so to stay away from it. Here's an article from WSJ financial writer (and Boglehead) Jason Zweig that can help: http://jasonzweig.com/is-y...
by Fallible
Tue Dec 12, 2017 12:41 pm
Forum: Personal Finance (Not Investing)
Topic: Thanks! We just let our VG PAS advisor go...
Replies: 14
Views: 3178

Re: Thanks! We just let our VG PAS advisor go...

I did it via phone...we had just wrapped up our quarterly summary talk when we told him we were no longer interesting in using PAS...tried to make sure he understood it was just business and not a personal assessment of his abilities. Did he try to change your mind or retain you as a client in any ...
by Fallible
Sun Dec 10, 2017 1:19 pm
Forum: Personal Finance (Not Investing)
Topic: What are your big-picture ‘rules of life’ —financial or otherwise?
Replies: 101
Views: 8937

Re: What are your big-picture ‘rules of life’ —financial or otherwise?

For example, we have moved from east coast to west coast to Midwest in the last four years, searching for the right place to raise our daughter while still making decent money and living in a place we enjoy. This is a tricky thing because I prefer semi-boring suburbia, while he craves energy and ex...
by Fallible
Sun Dec 10, 2017 12:49 pm
Forum: Personal Finance (Not Investing)
Topic: Does this happen to you? Educating friends about personal finance
Replies: 104
Views: 5910

Re: Does this happen to you? Educating friends about personal finance

It seems like lots of folks are happy to recommend a specific car brand or appliance or vacation spot, but not actually happy to recommend Vanguard and index funds. What's up with that? Interesting question. I think "What's up" may be the difference between just telling friends you (general) like a...
by Fallible
Sun Dec 10, 2017 12:25 pm
Forum: Personal Finance (Not Investing)
Topic: Does this happen to you? Educating friends about personal finance
Replies: 104
Views: 5910

Re: Does this happen to you? Educating friends about personal finance

It seems like lots of folks are happy to recommend a specific car brand or appliance or vacation spot, but not actually happy to recommend Vanguard and index funds. What's up with that? Interesting question. I think "What's up" may be the difference between just telling friends you (general) like a...
by Fallible
Sat Dec 09, 2017 12:31 pm
Forum: Personal Consumer Issues
Topic: GPS tracker for loved one w Alzheimer’s
Replies: 21
Views: 1226

Re: GPS tracker for loved one w Alzheimer’s

Google searches reveal a mix bag of devices so I would like some help from my BH friends. My mom has this horrible disease and I want to be able to track her wear abouts in fairly real time. I prefer some thing small and something that can be attached to wrist or around neck. I prefer not to pay a ...
by Fallible
Thu Nov 30, 2017 12:42 pm
Forum: Investing - Theory, News & General
Topic: Investing for an elderly parent
Replies: 11
Views: 1001

Re: Investing for an elderly parent

My 84 yo mother recently sold her house and I would like to invest the proceeds for her . Her money is currently 60% Vanguard Wellesely (with some Vang Wellesley Global) and 35% vanguard target retirement income (VTINX) and 10% in a 3% 7 yr CD at Andrews. The amount coming in is substantial and I w...
by Fallible
Wed Nov 29, 2017 5:53 pm
Forum: Investing - Theory, News & General
Topic: Which crash have you seen it before it is coming?
Replies: 134
Views: 9710

Re: Which crash have you seen it before it is coming?

I thought something had to give in tech by the late '90s and in housing by '06 (I never thought housing would just keep going up), but had no idea when or that it would lead to the magnitude of crashes and recessions that it did.
by Fallible
Sun Nov 26, 2017 10:48 pm
Forum: Personal Finance (Not Investing)
Topic: Analysis Paralysis: Can you get to the bottom of things?
Replies: 136
Views: 9164

Re: Analysis Paralysis: Can you get to the bottom of things?

... [The treadmill of constantly trying to design a perfect portfolio, coming up with several new, unique, and interesting designs, and backtesting it against a 3 fund portfolio to find that I cant' easily beat it on a risk adjusted basis over many decades is exhausting. I'm running out of ideas. I...
by Fallible
Sun Nov 26, 2017 10:33 pm
Forum: Investing - Help with Personal Investments
Topic: What I am thankful for
Replies: 1
Views: 277

Re: What I am thankful for

With Thanksgiving having just passed, I wanted to say Thanks to all those who contribute their knowledge here on the forum. From all of you, I have learned and applied: 1) Not to time the market. This was and has been the hardest temptation to break. I have kept strong since buying back into the ma...
by Fallible
Sun Nov 26, 2017 12:33 am
Forum: Personal Finance (Not Investing)
Topic: Analysis Paralysis: Can you get to the bottom of things?
Replies: 136
Views: 9164

Re: Analysis Paralysis: Can you get to the bottom of things?

Here's Morgan Housel, one of the better financial writers, on "Why Rules of Thumb Beat Precision." It was originally posted on the forum some time ago by Taylor Larimore. Housel notes that some fields work with amazing precision and are "governed by pure math and physics and aren't burdened by the w...
by Fallible
Sat Nov 25, 2017 2:41 pm
Forum: Personal Finance (Not Investing)
Topic: The fallacy of spending money on "experiences" vs hard assets
Replies: 336
Views: 17617

Re: The fallacy of spending money on "experiences" vs hard assets

I'm just rejecting the pop-science notion that spending $10k going to Thailand for 3 weeks is somehow psychologically more beneficial than buying a more expensive car or installing a home theater. For me, either of those would provide more lasting enjoyment than a vacation. Not only do I enjoy them...
by Fallible
Sat Nov 25, 2017 2:04 pm
Forum: Personal Consumer Issues
Topic: Should I keep the new iPad I bought or return it?
Replies: 51
Views: 3676

Re: Should I keep the new iPad I bought or return it?

I bought a new iPad yesterday at Target on sale for $249.00 and now I can't decide if I really need it or if it will just become another device I won't use after a few months. I have a MacBook and an iPhone 5S which I use both all day and evening. I've never owned one before and have lived without ...
by Fallible
Fri Nov 24, 2017 7:06 pm
Forum: Personal Consumer Issues
Topic: Best vehicle for seniors?
Replies: 73
Views: 6068

Re: Best vehicle for seniors?

So I'm not sure what the question is. The question is: Are there factors should we consider in purchasing a vehicle for a senior driver, and if so, what are they? Everybody has preferences and needs, and I'd like to know if seniors can give us input that we have not thought of. Several points I'm g...
by Fallible
Fri Nov 24, 2017 5:52 pm
Forum: Investing - Help with Personal Investments
Topic: Anyone tired of the stock market going up?
Replies: 213
Views: 16306

Re: Anyone tired of the stock market going up?

If you have invested properly based on your need, ability, and willingness (how much you can afford to lose) to take risk, then your worry should not be with the market, but with your self-discipline to continue staying the course. So think about ways to bolster that discipline, such as suggestions ...
by Fallible
Mon Nov 20, 2017 8:10 pm
Forum: Investing - Help with Personal Investments
Topic: Thoughts on my asset allocation?
Replies: 24
Views: 1650

Re: Thoughts on my asset allocation?

Hi guys, my asset allocation is as follows: 15% Total US bonds. Vanguard Total Bond Market (BND) 35% Total US stocks. Vanguard Total Stock (VTI) 25% US small value. Vanguard Small-cap Value (VBR) 25% Emerging market. Vanguard Emerging Market (VWO) I'm in my mid-twenties with barely any asset at thi...
by Fallible
Mon Nov 20, 2017 8:04 pm
Forum: Personal Consumer Issues
Topic: Best vehicle for seniors?
Replies: 73
Views: 6068

Re: Best vehicle for seniors?

This New York Times article on safer cars for seniors should be helpful.

https://www.nytimes.com/2017/08/28/well ... -road.html
by Fallible
Sat Nov 11, 2017 2:21 pm
Forum: Investing - Theory, News & General
Topic: Retirees: I got this!!
Replies: 82
Views: 9927

Re: Retirees: I got this!!

No denying that recent retirees have done well with good market returns in this decade. But I would hope that folks posting and reading here already have an asset allocation in place that will take much of the sting out of the next big downturn. I’m two years into retirement and hold the “Wellesley...
by Fallible
Sat Nov 11, 2017 1:58 pm
Forum: Investing - Theory, News & General
Topic: The Emotions of Investing
Replies: 9
Views: 701

Re: The Emotions of Investing

Andrew Lo's piece on whether robos can do emotions is interesting. Instead of artificial intelligence, we should first conquer artificial emotion - by constructing algorithms that accurately capture human behavior, we can build countermeasures to protect us from ourselves. Also liked the Marvin Mins...
by Fallible
Fri Nov 10, 2017 7:06 pm
Forum: Investing - Theory, News & General
Topic: The Next Bear Market, Ben Carlson
Replies: 13
Views: 2166

Re: The Next Bear Market, Ben Carlson

Another good article from Ben Carlson. And it all comes down to this: Regardless of when it happens, it’s intelligent behavior for investors to plan ahead to know what they’ll do when it does. If you can’t get comfortable with accepting losses you shouldn’t be in the stock market to begin with. Than...
by Fallible
Tue Nov 07, 2017 6:44 pm
Forum: Investing - Theory, News & General
Topic: "I took all my money out of the stock market and it feels amazing"
Replies: 69
Views: 8996

Re: "I took all my money out of the stock market and it feels amazing"

She's done well with her money, seems to have enough, and has recognized an important need to get away from market risk. But the following comment does make me wonder if she might get back in for the wrong reasons: But if the market totally tanks tomorrow, you ask, and stocks become such a crazy bar...
by Fallible
Tue Nov 07, 2017 5:20 pm
Forum: Personal Finance (Not Investing)
Topic: Morningstar: Cognitive decline in aging. A strong case for portfolio simplification?
Replies: 98
Views: 8037

Re: Morningstar: Cognitive decline in aging. A strong case for portfolio simplification?

Pssst. "Apple, table, penny." How many people know what I am talking about? Zen question: is it really cheating to know the answer to a memory test by heart? You're not really supposed to remember the three items after you leave the office. And you're not supposed to teach everyone the only three t...
by Fallible
Sun Nov 05, 2017 10:54 am
Forum: Investing - Theory, News & General
Topic: "Probably the World's Best Investment Forum"
Replies: 34
Views: 4854

Re: "PROBABLY THE WORLD'S BEST INVESTMENT FORUM"

I am a critical person, but there is NO DOUBT this is the best investment forum that exists. A lot of that has to do with the intelligent and wide spread talents of many of the contributors on the site. Honestly, I feel like you could ask ANY question in the world (finance or otherwise) and get a g...
by Fallible
Sat Nov 04, 2017 5:46 pm
Forum: Investing - Help with Personal Investments
Topic: Investing in index funds at this moment
Replies: 50
Views: 3769

Re: Investing in index funds at this moment

But what if someone is 67 years old, a year away from retirement and with lots of cash on the sidelines. Shouldn't that make someone leery of putting this money at risk after this historic run up in stock prices? This a reason it would help to know the OP's age and at least some finances, unless th...
by Fallible
Sat Nov 04, 2017 4:49 pm
Forum: Investing - Help with Personal Investments
Topic: Investing in index funds at this moment
Replies: 50
Views: 3769

Re: Investing in index funds at this moment

Is it a good time to invest in index funds? Right now the stock market is at it's most overvalued by the Cyclically adjusted price-to-earnings ratio (CAPE) ratio since 1929 and the peak of the dot com bubble. It feels like a correction is due at any point now. Generally, you should not take market ...
by Fallible
Fri Nov 03, 2017 3:57 pm
Forum: Investing - Help with Personal Investments
Topic: "Some Fee-Only Advisers Charge Commissions Too"
Replies: 2
Views: 396

Re: "Some Fee-Only Advisers Charge Commissions Too"

As Zweig says: If you want to hire a financial planner who charges only fees, you will have to ask probing questions. Start with these: Are you a fiduciary, who must always act in my best interests? Will you put that in writing? Does anybody else ever pay you to advise me and, if so, do you earn mor...
by Fallible
Fri Nov 03, 2017 3:38 pm
Forum: Investing - Help with Personal Investments
Topic: How has your AA philosophy changed over the years?
Replies: 45
Views: 3808

Re: How has your AA philosophy changed over the years?

It really hasn't changed much for me since I started investing in the market 30 years ago. I think that's because I read a lot about mutual funds and the market before getting in. Still, I stumbled out of the starting gate by going with a commission-based broker, but soon realized the mistake, disco...
by Fallible
Fri Nov 03, 2017 3:22 pm
Forum: Investing - Theory, News & General
Topic: "What's Your Uncertainty/Humility Score?"
Replies: 17
Views: 2504

Re: "What's Your Uncertainty/Humility Score?"

Thanks, Taylor, very good article, and I think the humility aspect is very important. Some people like to believe they are in total control and they tend to micro-manage and make constant changes to their portfolio. Getting too close and losing the big picture is costly. Paul Agree, especially abou...
by Fallible
Mon Oct 30, 2017 6:50 pm
Forum: Investing - Help with Personal Investments
Topic: Asset allocation
Replies: 7
Views: 887

Re: Asset allocation

Welcome to the forum. Have you read the wiki on asset allocation? https://www.bogleheads.org/wiki/Asset_allocation Another good read is pro Boglehead Rick Ferri's book, All About Asset Allocation, 2nd ed. I think 60/40 is the right allocation for you now considering your stated risk tolerance. The b...
by Fallible
Mon Oct 30, 2017 6:33 pm
Forum: Personal Finance (Not Investing)
Topic: An individual who owes me money wants my routing and account numbers for ACH transfer. Safe?
Replies: 76
Views: 6552

Re: An individual who owes me money wants my routing and account numbers for ACH transfer. Safe?

He emailed to say he sent a "test" $1 transfer, and is asking me to confirm that I see this. So you've already given him the information? Yes, I gave it. And then, :oops: maybe I should have paused. But... The issue seems to be either that you are not sure you can trust this particular individual w...
by Fallible
Fri Oct 27, 2017 3:03 pm
Forum: Local Chapters and Bogleheads Community
Topic: Minnesota BH Qtrly Meeting 10-28-17
Replies: 15
Views: 1677

Re: Minnesota BH Qtrly Meeting 10-28-17

A reminder for those of you attending the meeting tomorrow: please make a copy of the meeting agenda to bring, and also bring tablets and laptops if you wish. And if you're wondering about the weather because of today's first snowflakes in the Twin Cities, the NWS is forecasting mostly sunny skies a...
by Fallible
Tue Oct 24, 2017 6:58 pm
Forum: Investing - Theory, News & General
Topic: Taylor's New Book: The Bogleheads' Guide to The Three-Fund Portfolio
Replies: 91
Views: 13493

Re: Taylor's New Book: The Bogleheads' Guide to The Three-Fund Portfolio

I can't think of a more important Boglehead topic than the three-fund or a better person to write a book about it than Taylor. Even better, with editing and a chapter by Mel. Congratulations!
by Fallible
Mon Oct 23, 2017 2:55 pm
Forum: Investing - Theory, News & General
Topic: Jason Zweig: Guard Against Complacency
Replies: 5
Views: 1149

Re: Jason Zweig: Guard Against Complacency

http://www.etf.com/sections/features-and-news/zweig-guard-against-complacency?nopaging=1 If you had to design a recipe for some kind of horror movie about how to get the worst imaginable behavior out of investors, that's what the script would look like. It's cheap to borrow money, observable risk i...
by Fallible
Mon Oct 23, 2017 1:37 pm
Forum: Investing - Theory, News & General
Topic: Jason Zweig: Guard Against Complacency
Replies: 5
Views: 1149

Re: Jason Zweig: Guard Against Complacency

http://www.etf.com/sections/features-and-news/zweig-guard-against-complacency?nopaging=1 Good interview of Jason Zweig. Talks about the book he wrote that came out 10 years ago. Comments that ERs are super low but we may be worrying about basis point ER differences when our behavior gap (the differ...
by Fallible
Mon Oct 23, 2017 11:03 am
Forum: Local Chapters and Bogleheads Community
Topic: Minnesota BH Qtrly Meeting 10-28-17
Replies: 15
Views: 1677

Re: Minnesota BH Qtrly Meeting 10-28-17

Another terrific line-up by MN-BHs next Saturday. Thanks for reminding me to bring my iPad along too. Go green! a2z And tablets and laptops should be especially helpful for quick access to the great variety of topics on the agenda, including access to the Bogleheads' constantly expanding wiki and t...
by Fallible
Fri Oct 20, 2017 10:06 pm
Forum: Investing - Theory, News & General
Topic: Revised Version The Little Book of Common Sense...
Replies: 31
Views: 4033

Re: Revised Version The Little Book of Common Sense...

Also received the notice and confirmed that I will wait however long it takes. Any way to get a signed copy? :) Attend Bogleheads 2018. They had copies of the new version for us to purchase this year ($10) and Jack was gracious-enough to sign them. And the conference is a great way to get Jack's au...
by Fallible
Fri Oct 20, 2017 11:32 am
Forum: Investing - Theory, News & General
Topic: Has your "risk tolerance" been tested?
Replies: 105
Views: 7099

Re: Has your "risk tolerance" been tested?

If there's anyone who hasn't been through a Big Nasty, I would urge caution. I imagine it's far nicer to get through a bear market and find you've been too conservative than to come crashing through from the other side. Spot on. Looked at from a distance, a system that almost requires one to suffer...
by Fallible
Thu Oct 19, 2017 2:24 pm
Forum: Investing - Help with Personal Investments
Topic: Help me convince my folks to leave their advisor
Replies: 11
Views: 1415

Re: Help me convince my parents to leave their advisor

Welcome to the forum. I may have missed it, but I don't see anything from your parents that would indicate how they feel about leaving EJ, or managing their own money, or whether they understand investing well enough to do so. Nor is there indication how they might respond to your advice to make a c...
by Fallible
Thu Oct 19, 2017 1:51 pm
Forum: Investing - Theory, News & General
Topic: Is a crash coming soon?
Replies: 64
Views: 5907

Re: Is a crash coming soon?

Hi everyone! Rather new to the forum here. If im not wrong, bogleheads believe that: 1. There's no way to predict what will happen to the market in the short term 2. Past history is not an absolute indicator for future performance/what will happen But just by looking at this very "unscientifically"...
by Fallible
Thu Oct 19, 2017 9:21 am
Forum: Investing - Theory, News & General
Topic: Revised Version The Little Book of Common Sense...
Replies: 31
Views: 4033

Re: Revised Version The Little Book of Common Sense...

tomd37 wrote:
Thu Oct 19, 2017 9:08 am
Just received email update from Amazon yesterday. Estimated delivery date is now October 25th.
Also just got the Amazon email update and mine says estimated delivery date Oct. 27-Oct. 30 with standard shipping.
by Fallible
Wed Oct 18, 2017 4:26 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe:Better To Face The Correction
Replies: 51
Views: 6788

Re: Larry Swedroe:Better To Face The Correction

I think Larry's article makes an excellent point that often gets overlooked: no one can consistently and accurately predict future market action. Period. Larry is IMO a brilliant and accomplished student of the market and this piece offers insight. The opportunity cost of missing out on further mar...
by Fallible
Wed Oct 18, 2017 1:26 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe:Better To Face The Correction
Replies: 51
Views: 6788

Re: Larry Swedroe:Better To Face The Correction

What does Market timing really mean? Does it mean adjusting your AA slightly or in a big way? What if you are in a TD fund, is that Marketing timing for me to stay to on its internal glide path? Thanks If you are adjusting your allocation based on predicting what the market will do, that is about m...
by Fallible
Wed Oct 18, 2017 12:21 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe:Better To Face The Correction
Replies: 51
Views: 6788

Re: Larry Swedroe:Better To Face The Correction

I think the primary benefit of being concerned about a market correction is that it focuses attention on the investor's risk tolerance. If you are so concerned about current market valuations that you are willing to withdraw money from stocks to pare your allocation , or to defer adding stocks to m...
by Fallible
Tue Oct 17, 2017 1:26 pm
Forum: Investing - Theory, News & General
Topic: Vanguard expects "decent sized correction" soon, sometime, maybe later
Replies: 68
Views: 7464

Re: Vanguard expects "decent sized correction" soon

KyleAAA wrote:
Tue Oct 17, 2017 9:42 am
A "decent sized correction" at "some point." Really stepping out on a limb there, Vanguard.
+1.

And the Vanguard connection was the only reason to read this otherwise forgettable article. Moving on...