Search found 6090 matches

by Fallible
Tue Jan 16, 2018 2:00 pm
Forum: Personal Consumer Issues
Topic: How can I become a better consumer?
Replies: 16
Views: 1233

Re: How can I become a better consumer?

i usually ask myself if I can afford it, if I truly need it and why, how I'll use it and how much. I also will surf the Internet for information on it, such as ratings from reputable consumer publications like "Consumer Reports," etc. A good consumer of anything is a properly informed consumer and h...
by Fallible
Mon Jan 15, 2018 2:53 pm
Forum: Investing - Help with Personal Investments
Topic: how to figure out the assest allocation that you can sleep well with
Replies: 22
Views: 1806

Re: how to figure out the assest allocation that you can sleep well with

I'm currently at 70/30 (stock/bond) allocation. I know I shouldn't time the market and should stay the course. But I still have this itch to reduce my stock exposure because market is at all time high. I'm wondering if I'm feeling the itch because my assest allocation is too risky? So in that case ...
by Fallible
Sun Jan 14, 2018 4:59 pm
Forum: Personal Consumer Issues
Topic: Anyone disenchanted with retirement?
Replies: 151
Views: 14657

Re: Anyone disenchanted with retirement?

Just hit 7 years in retirement and things seem to be going fast, but well for me. Was wondering if anyone has been disappointed with retirement and maybe went back to work, and went did that hit? Just hit 17 years of semi- and full-time retirement and, rather than disenchanted, I'm thankful, especi...
by Fallible
Sat Jan 13, 2018 4:58 pm
Forum: Local Chapters and Bogleheads Community
Topic: Minnesota BH Seasonal Main Meeting 1-27-18
Replies: 0
Views: 125

Minnesota BH Seasonal Main Meeting 1-27-18

Minnesota BH Seasonal Main Meeting 1-27-18 Who : All Minnesota Bogleheads and guests. Meetings are free and open to the public and new members are always welcome. Where : Southdale Library, Second-floor meeting room, 7001 York Ave. S, Edina, MN When : Saturday, January 27, 2018, 9:30 a.m. - 11:30 a....
by Fallible
Sat Jan 13, 2018 2:03 pm
Forum: Investing - Theory, News & General
Topic: Heading for a top?
Replies: 103
Views: 7634

Re: Heading for a top?

Who cares if it is at the top? I can't understand why folks are so scared of the market dropping and losing money. It is NORMAL for the market to fall. Folks treat it as if it is so abnormal as one has to figure out a plan to avoid it. ... A few reasons they're scared is that, when setting an alloc...
by Fallible
Thu Jan 11, 2018 3:50 pm
Forum: Personal Consumer Issues
Topic: How to learn creative writing?
Replies: 23
Views: 1294

Re: How to learn creative writing?

I think you either have it or you don't. If you have it, it can be made better. But if you don't have it results will be limited. ... If by "it" you mean natural talent or ability to be creative, including to imagine, to be curious, to have some ability to write well, to have something to say and t...
by Fallible
Wed Jan 10, 2018 3:58 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Do Funds Earn Their Fees?
Replies: 10
Views: 1150

Re: Larry Swedroe: Do Funds Earn Their Fees?

I hope Baron shareholders, especially those who attend the lavish, self-congratulating shareholder event Ronald Baron puts on annually, will read Larry's article, this in particular: No matter how we look at BGRFX’s performance, I don’t believe the fund’s relatively high expense ratio can be justifi...
by Fallible
Tue Jan 09, 2018 10:48 pm
Forum: Personal Consumer Issues
Topic: How to learn creative writing?
Replies: 23
Views: 1294

Re: How to learn creative writing?

My daughter is a published novelist. She: - wrote stories when she was a little kid ... - has since published 2 more (total of 4) and the 5th is in the final editing stages for publication (I think) next summer/fall ... She's married and very actively involved with her 3 kids; I don't honestly know...
by Fallible
Mon Jan 08, 2018 3:05 pm
Forum: Forum Issues and Administration
Topic: Help me understand question-less financial status (e.g. "2 comma club") threads.
Replies: 175
Views: 8421

Re: Help me understand question-less financial status (e.g. "2 comma club") threads.

I believe such posts belong in the Bogleheads Community forum. More importantly, I believe the Local Chapters and Bogleheads Community forum should be split into two separate forums . If someone wants to see when their local group is meeting and what's on the agenda, they shouldn't have to sort thr...
by Fallible
Sun Jan 07, 2018 9:46 pm
Forum: Investing - Help with Personal Investments
Topic: Jonathan Clements interview with Charles Ellis about indexing and how it's not worse than marxism
Replies: 1
Views: 441

Re: Jonathan Clements interview with Charles Ellis about indexing and how it's not worse than marxism

just read this article at Jonathan Clement's Humble Dollar titled, "Worse than Marxism?" I know there've been many threads about this topic, but I'm a big fan of Charles Ellis and thought this was an good read and wanted to share it. Just another piece of defense to use against those who attack ind...
by Fallible
Sun Jan 07, 2018 12:04 pm
Forum: Forum Issues and Administration
Topic: Misuse of adverse when averse was meant
Replies: 145
Views: 5692

Re: Misuse of adverse when averse was meant

If this bothers you, I can tell you the future is bleak. My temp retirement job is scoring essay tests. I thought I knew how to do that, but the rubric is something else. We are instructed to ignore spelling and usage errors, as long as the meaning is clear. A committee of teachers decides how thes...
by Fallible
Sat Jan 06, 2018 12:11 pm
Forum: Forum Issues and Administration
Topic: Misuse of adverse when averse was meant
Replies: 145
Views: 5692

Re: Misuse of adverse when averse was meant

I tend to gloss over composition slips but do notice syntax (sintax?) which reflects a poster's context. Much comes through in how people write; attention to detail, quantification vs rambling, organization of thoughts, presentation, and response (vs reaction . . . or defensiveness :shock: ). IMHO ...
by Fallible
Sat Jan 06, 2018 11:05 am
Forum: Forum Issues and Administration
Topic: Misuse of adverse when averse was meant
Replies: 145
Views: 5692

Re: Misuse of adverse when averse was meant

I'll take the position that the purpose of language is to communicate and most of the mistakes noted in this thread don't have an adverse affect on the meaning of the statements in which they are used. It's a rare case when using adverse rather than averse will result in the reader not understandin...
by Fallible
Fri Jan 05, 2018 10:07 pm
Forum: Forum Issues and Administration
Topic: Misuse of adverse when averse was meant
Replies: 145
Views: 5692

Re: Misuse of adverse when averse was meant

There is a fun book for those of us who are sticklers for punctuation (and spelling): Eats, Shoots, & Leaves by Lynne Truss (Yep, Lynne is correct). She describes what it's like to be afflicted with what she calls a "seventh sense": For any true stickler, you see, the sight of the plural word "Book'...
by Fallible
Fri Jan 05, 2018 4:45 pm
Forum: Investing - Theory, News & General
Topic: Heading for a top?
Replies: 103
Views: 7634

Re: Heading for a top?

All good points. I would never leave the market. Too wise for that. Maybe reduce a bit. ... You said in your first post that you would "maintain" your investments despite having concerns about the market. Here you say you may "reduce a bit." The latter would not be market timing, which is predictin...
by Fallible
Fri Jan 05, 2018 11:34 am
Forum: Investing - Theory, News & General
Topic: Heading for a top?
Replies: 103
Views: 7634

Re: Heading for a top?

All good points. I would never leave the market. Too wise for that. Maybe reduce a bit. ... You said in your first post that you would "maintain" your investments despite having concerns about the market. Here you say you may "reduce a bit." The latter would not be market timing, which is predictin...
by Fallible
Thu Jan 04, 2018 8:40 pm
Forum: Investing - Help with Personal Investments
Topic: Do you eventually get accustomed to your higher balances?
Replies: 47
Views: 6744

Re: Do you eventually get accustomed to your higher balances?

I grew up with very little but saved and saved and then invested everything I could with the help of this forum. I've been blessed to see my portfolio grow to a large magnitude. A 10% drop in the market would equal roughly a 50k drop for me. Do you eventually get used to this where it is a non-even...
by Fallible
Thu Jan 04, 2018 7:32 pm
Forum: Investing - Theory, News & General
Topic: Heading for a top?
Replies: 103
Views: 7634

Re: Heading for a top?

All good points. I would never leave the market. Too wise for that. Maybe reduce a bit. ... You said in your first post that you would "maintain" your investments despite having concerns about the market. Here you say you may "reduce a bit." The latter would not be market timing, which is predictin...
by Fallible
Wed Jan 03, 2018 6:27 pm
Forum: Investing - Theory, News & General
Topic: Risk tolerance / Capacity & Can I sleep at night
Replies: 9
Views: 693

Re: Risk tolerance / Capacity & Can I sleep at night

... But "risk capacity" was a new term for me. To quote from the article: "Risk capacity has to do with the impact a market downturn would have on your ability to reach your goals at a certain point in time. This is different from risk tolerance, which is about how you feel about risk and how much ...
by Fallible
Tue Jan 02, 2018 8:36 pm
Forum: Investing - Help with Personal Investments
Topic: Help my 7 year old daughter invest $50 of her Christmas money
Replies: 30
Views: 2312

Re: Help my 7 year old daughter invest $50 of her Christmas money

A book your daughter would like to read when ready is Allan Roth's wonderful How A Second-Grader Beats Wall Street . https://www.amazon.com/Second-Grader-Beats-Wall-Street/dp/0470919035 I'm not sure it's really meant for 2nd graders or whether they'd really like to read it ... Yes, and that's why I...
by Fallible
Mon Jan 01, 2018 7:29 pm
Forum: Personal Consumer Issues
Topic: Learning Violin as an adult...One Year later!
Replies: 179
Views: 23112

Re: Learning Violin as an adult...One Year later!

Thanks. Day to day, and week to week, it's hard to see the incremental improvements. But learning is happening. I picked up a "101 Classical Tunes" book for myself this week (easy arrangement). The proof of learning is being able to sight read my way through Hornpipe and Jesu, Joy after just a few ...
by Fallible
Mon Jan 01, 2018 7:03 pm
Forum: Personal Consumer Issues
Topic: What non fiction book will you be reading in 2018?
Replies: 127
Views: 7495

Re: What non fiction book will you be reading in 2018?

Almost all my reading since retirement has been fiction. My best friend bought me the new biography of Leonardo DaVinci by Isaacson. I am not an artsy guy but found this book to be unbelievably great although a much slower read than fiction that I tend to knock off at 2 books per week. I still have...
by Fallible
Mon Jan 01, 2018 6:48 pm
Forum: Investing - Help with Personal Investments
Topic: Help my 7 year old daughter invest $50 of her Christmas money
Replies: 30
Views: 2312

Re: Help my 7 year old daughter invest $50 of her Christmas money

If she wants to learn how to invest, be sure to show her the Bogleheads' Philosophy, beginning with having a plan, saving enough to invest, fees, risk, etc. That's the way all investors, even 7-year-olds, should learn to invest - before they actually put the money in. Agree with others about underst...
by Fallible
Mon Jan 01, 2018 5:24 pm
Forum: Personal Finance (Not Investing)
Topic: Book Recs for Helping Mother with Finances
Replies: 11
Views: 725

Re: Book Recs for Helping Mother with Finances

Talking about money with family can get tricky, even when they're explicitly asking for your help. Does anyone have any book recommendations on strategies for helping your parents manage their finances? I'm 30 and my mother is in her early 60s. She's started asking for my help in managing her finan...
by Fallible
Mon Jan 01, 2018 4:08 pm
Forum: Personal Consumer Issues
Topic: What non fiction book will you be reading in 2018?
Replies: 127
Views: 7495

Re: What non fiction book will you be reading in 2018?

Almost all my reading since retirement has been fiction. My best friend bought me the new biography of Leonardo DaVinci by Isaacson. I am not an artsy guy but found this book to be unbelievably great although a much slower read than fiction that I tend to knock off at 2 books per week. I still have...
by Fallible
Sat Dec 30, 2017 7:50 pm
Forum: Investing - Theory, News & General
Topic: New York Times--Why Are Mutual Fund Fees So High? This Billionaire Knows
Replies: 5
Views: 1756

Re: New York Times--Why Are Mutual Fund Fees So High? This Billionaire Knows

I wonder how many Baron Growth shareholders are aware of this (from the article): For a five-year period, Baron Growth is up 13 percent, but the iShares Russell 2000 Growth fund, an exchange-traded fund that tracks Mr. Baron’s preferred benchmark index, is up 15 percent. And iShares carries a fee of...
by Fallible
Thu Dec 28, 2017 8:57 pm
Forum: Personal Consumer Issues
Topic: What non fiction book will you be reading in 2018?
Replies: 127
Views: 7495

Re: What non fiction book will you be reading in 2018?

I've liked Walter Isaacson's bios and am looking forward to his latest, Leonardo da Vinci. Nothing else on my 2018 list for now, but will look into some good suggestions here.
by Fallible
Thu Dec 28, 2017 8:14 pm
Forum: Personal Consumer Issues
Topic: The Economics of a new Puppy
Replies: 113
Views: 7069

Re: The Economics of a new Puppy

Ask your veterinarian who will know the dog's needs. Probably there will be several good alternatives at various prices, and from there it may come down to what the puppy likes best.
by Fallible
Thu Dec 21, 2017 1:39 pm
Forum: Investing - Theory, News & General
Topic: Speculation
Replies: 16
Views: 1332

Re: Speculation

Many recent threads relating to bitcoin refer to participating in it as "speculation", not an investment. One of the definitions of speculation is "investment in stocks, property, or other ventures in the hope of gain but with the risk of loss". In the extreme, this could apply to equity/bond index...
by Fallible
Thu Dec 21, 2017 1:16 pm
Forum: Investing - Theory, News & General
Topic: Quite a few people I know in real life that normally don't mess with finances have brought up investing in bitcoin
Replies: 74
Views: 6868

Re: Quite a few people I know in real life that normally don't mess with finances have brought up investing in bitcoin

Quite a few of the people I know in my friend circle have all of a sudden come out saying that they just started investing in bitcoin and want me to join the train. I have little interest in doing so as I have my own investments I do with vanguard. Am I wrong or ill informed to pass on this bitcoin...
by Fallible
Mon Dec 18, 2017 11:41 am
Forum: Investing - Theory, News & General
Topic: What Experts Say About "Simplicity"
Replies: 19
Views: 20057

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: 16786

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: 20057

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: 4923

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: 4460

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: 16786

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: 3278

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: 123
Views: 12783

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: 6180

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: 6180

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: 1289

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: 1045

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: 10001

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: 9443

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: 290

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: 9443

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: 18315

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: 3783

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: 6222

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...