Search found 5193 matches

by Adrian Nenu
Wed Feb 09, 2011 9:29 pm
Forum: Local Chapters and Bogleheads Community
Topic: Tampa Bay Bogleheads meeting
Replies: 19
Views: 5176

OK, then I'll set it up and announce a location & time shortly. Looking forward to see you folks at the meeting.

Adrian
anenu@tampabay.rr.com
by Adrian Nenu
Wed Feb 09, 2011 12:42 pm
Forum: Investing - Theory, News & General
Topic: Where's the thread about Larry's anti DIY remarks?
Replies: 13
Views: 2152

"It's possible [to be successful] on your own, but most investors are almost certainly due to fail," says Larry Swedroe, author of ten books geared to individual investors and principal of St. Louis advisory firm BAM. "Most people should have a financial advisor of some kind." I...
by Adrian Nenu
Wed Feb 09, 2011 11:55 am
Forum: Investing - Theory, News & General
Topic: Where's the thread about Larry's anti DIY remarks?
Replies: 13
Views: 2152

Something fishy is going on. A few minutes after I posted, the title and content of my post was changed. I then changed the title and content back to the original posting. Where the heck is the discussion and who made the intial changes to my post?

http://custom.yahoo.com/financial-advis ... isor-again

Adrian
anenu@tampabay.rr.com
by Adrian Nenu
Wed Feb 09, 2011 7:11 am
Forum: Investing - Theory, News & General
Topic: Siegel & Bodie duke it out in Financial Times
Replies: 36
Views: 5867

Just go 50/50 (as long as the risk of loss is suitable for you) and you will most likely be OK. :wink:

Adrian
anenu@tampabay.rr.com
by Adrian Nenu
Tue Feb 08, 2011 10:19 pm
Forum: Investing - Theory, News & General
Topic: [Article] Why You Might Need A Financial Advisor, Again
Replies: 30
Views: 4087

[Article] Why You Might Need A Financial Advisor, Again

http://custom.yahoo.com/financial-advisors/article-112058-8409-1-why-you-might-need-a-financial-advisor-again by Mark McLaughlin The financial crisis left many investors blaming financial advisors for failing to shield them from deep losses or to explain the risks of the exotic yet highly profitabl...
by Adrian Nenu
Tue Feb 08, 2011 8:02 pm
Forum: Investing - Theory, News & General
Topic: Dan Wiener
Replies: 5
Views: 1741

Dan who?

Adrian
anenu@tampabay.rr.com
by Adrian Nenu
Sat Feb 05, 2011 6:05 am
Forum: Investing - Theory, News & General
Topic: Are Stocks Really Less Volatile in the Long Run?
Replies: 72
Views: 7046

Are Stocks Really Less Volatile in the Long Run?

Good commentary on long term stock risk: 2/4: Uncertainty: "Are Stocks Really Less Volatile in the Long Run," by Lubos Pastor, an economist at the University of Chicago Booth School of Business, and Robert F. Stambaugh, an economist at the Wharton School at the University of Pennsylvania. ...
by Adrian Nenu
Fri Feb 04, 2011 9:36 pm
Forum: Investing - Theory, News & General
Topic: Don Phillips: The case for indexing significantly overstated
Replies: 32
Views: 5352

I'm probably one, as is Rick. We've both had "wars" with the active crowd at Morningstar. Rick and I both know Don Phillips, and he's pretty sharp, but this article seems out of character for Don. Don Phillips can't have it both ways - he either admits passive is the superior strategy or ...
by Adrian Nenu
Fri Feb 04, 2011 4:26 pm
Forum: Investing - Theory, News & General
Topic: Bogle, Bernstein, Schultheis, and 60/40
Replies: 58
Views: 10085

Tolerable Loss x 2 = Equity Allocation < 50% Saves investors from themselves in case of a 1929-1932 event and lesser bear markets. Every investor has a specific tolerable loss based on individual circumstances. There is no boilerplate portfolio suitable for all. Adrian anenu@tampabay.rr.com
by Adrian Nenu
Fri Feb 04, 2011 3:13 am
Forum: Personal Finance (Not Investing)
Topic: How to select a financial planner
Replies: 5
Views: 849

http://efmoody.com/whouse.html

How to find a financial planner.

Adrian
anenu@tampabay.rr.com
by Adrian Nenu
Thu Feb 03, 2011 6:58 pm
Forum: Investing - Help with Personal Investments
Topic: Place your bets! Best performing VG fund in 2011 will be....
Replies: 17
Views: 2220

Vanguard FTSE All-World ex-US Small-Cap Index Fund Investor Shares (VFSVX)

Adrian
anenu@tampabay.rr.com
by Adrian Nenu
Thu Feb 03, 2011 6:06 pm
Forum: Investing - Theory, News & General
Topic: Allan Roth: "The Power of Passive Investing"
Replies: 19
Views: 3568

Someone should forward this fine article to Morningstar who still thinks its information can help investors pick the winning funds.

Adrian
anenu@tampabay.rr.com
by Adrian Nenu
Thu Feb 03, 2011 3:22 pm
Forum: Investing - Theory, News & General
Topic: Don Phillips: The case for indexing significantly overstated
Replies: 32
Views: 5352

Don Phillips: The case for indexing significantly overstated

http://advisor.morningstar.com/articles ... l=pb0203A1

M* Don Phillips thinks that the case for indexing has been overstated. Not surprising coming from an outfit which sells past performance information and promotes the idea that investors can pick the outperforming funds.

Adrian
anenu@tampabay.rr.com
by Adrian Nenu
Wed Feb 02, 2011 6:49 pm
Forum: Investing - Theory, News & General
Topic: Failure of the 401k - A comprehensive study
Replies: 46
Views: 5871

The idea of the 401k as a retirement savings vehicle looks good on paper but like many other ideas and theories, it fails in real life. Here are the three main failures of the 401k:

1. High fees

2. Lack of passive investments

3. Lousy advice


Adrian
anenu@tampabay.rr.com
by Adrian Nenu
Tue Feb 01, 2011 10:06 pm
Forum: Personal Consumer Issues
Topic: frying pans/skillets?
Replies: 83
Views: 11604

I tried different ones over the years and cast iron makes the most sense to me.

Adrian
anenu@tampabay.rr.com
by Adrian Nenu
Tue Feb 01, 2011 10:03 pm
Forum: Personal Consumer Issues
Topic: The Munchkin Man's Honda Civic
Replies: 75
Views: 9720

Adrian has a 2008 Ford Ranger. Adrian is very happy with the reliable and economical Ford Ranger. Adrian had a 1988 Ford Ranger which he sold in good condition with 188k miles. Adrian drives a Ford Crown Victoria at his work place and thinks it is a very reliable and practical car. Adrian also had a...
by Adrian Nenu
Tue Feb 01, 2011 8:53 pm
Forum: Investing - Theory, News & General
Topic: Does gender matter (to you) when giving financial advice?
Replies: 32
Views: 3088

When I was posting on 403bwise.com in the late 90s there was a considerable debate wheather I was a man or a woman. :wink: I let it go for a while just for laughs before I revealed my gender.

Adrian
anenu@tampabay.rr.com
by Adrian Nenu
Tue Feb 01, 2011 4:17 am
Forum: Investing - Help with Personal Investments
Topic: Portfolio Review Request, building a better 403b
Replies: 10
Views: 1574

5. If I were to not invest in VFIFX 100%, that may give me more reason to consider lowering the proportion of equities. I mean, I think I’m fine with 90/10, but I wonder sometimes if I’d be better off lowering it. What do you think? Age in bonds? 90/10 portfolio: Can you handle a 45% - 70% bear mar...
by Adrian Nenu
Tue Feb 01, 2011 12:42 am
Forum: Investing - Theory, News & General
Topic: Top 10 Vanguard Funds -- A Decade Later
Replies: 13
Views: 3637

Way back in 1999, I was at the public library researching bond funds for my parents. Three retirees were there and they admonished me for not investing my parents' money in stock funds so they can earn "double digit returns" rather than the puny yields bonds were paying. Going forward to p...
by Adrian Nenu
Mon Jan 31, 2011 8:55 pm
Forum: Investing - Help with Personal Investments
Topic: Bad tax-deferred funds vs. taxable account
Replies: 8
Views: 975

If the tax deferred investment's cost expressed as a percetange of return exceeds your tax bracket, then you are better off avoiding it.

Adrian
anenu@tampabay.rr.com
by Adrian Nenu
Mon Jan 31, 2011 8:49 pm
Forum: Local Chapters and Bogleheads Community
Topic: Tampa Bay Bogleheads meeting
Replies: 19
Views: 5176

What is the usual format / length of time of these events and how many people usually attend? I book a library conference room for Saturday afternoons, generally 1-5 P M. We have had anywhere from 8 -36 people attend. We briefly introduce ourselves, have short presentations from volunteers or speci...
by Adrian Nenu
Sun Jan 30, 2011 11:35 pm
Forum: Personal Finance (Not Investing)
Topic: Do you guys still have a "go-to" car/ car brand?
Replies: 57
Views: 8269

Ford among domestic car companies and Hyundai from overseas represent the best values in cars and trucks today.

Adrian
anenu@tampabay.rr.com
by Adrian Nenu
Sun Jan 30, 2011 12:31 am
Forum: Personal Consumer Issues
Topic: Best Cookbook for Single Guy?
Replies: 62
Views: 10609

by Adrian Nenu
Fri Jan 28, 2011 3:27 pm
Forum: Investing - Theory, News & General
Topic: Are 457 plans really "the worst"?
Replies: 28
Views: 12969

m PROTECT YOURSELF FROM AMERICA'S FLAWED PENSION PLANS BLIMPISH FEES AND FLIMSY LEGAL PROTECTION COST 15% OF THE U.S. WORK FORCE BILLIONS OF DOLLARS A YEAR IN LOST RETIREMENT SAVINGS. Excellent investigative story on how the 403b and 457 markets work (they don't). Adrian anenu@tampabay.rr.com
by Adrian Nenu
Fri Jan 28, 2011 1:54 am
Forum: Investing - Theory, News & General
Topic: Yield Curve Inversion?
Replies: 7
Views: 1625

The yield curve hasn't always been a reliable recession predictor historically, anyway. There were a few recessions in the late 1930s and 40s that weren't preceded by inverted yield curves. They were actually preceded by pretty steep yield curves, like now. I consider that time period to be more ec...
by Adrian Nenu
Thu Jan 27, 2011 3:32 pm
Forum: Investing - Theory, News & General
Topic: Are 457 plans really "the worst"?
Replies: 28
Views: 12969

m m m 457 plans are not subject to ERISA rules as 401k plans are so the fee abuse is much more common. Variable annuities with total fees around 2% -3% are the norm. Getting local governments to switch to low cost vendors with index funds is a nightmare because nobody in HR departments knows anythin...
by Adrian Nenu
Thu Jan 27, 2011 8:12 am
Forum: Personal Finance (Not Investing)
Topic: Fire Your Financial Adviser, Unless They are a Fiduciary
Replies: 44
Views: 4998

My take on this is that the article is advising investors to ask potential advisers if they are fiduciaries or not. Get it in writing. If not, don't hire them.

Adrian
anenu@tampabay.rr.com
by Adrian Nenu
Wed Jan 26, 2011 12:56 am
Forum: Personal Finance (Not Investing)
Topic: Realistic rate of return the next 20 years
Replies: 48
Views: 8624

I realize this is a HUGE crystal ball question, but assuming inflation is in the 3-4% range over the next 20 years, do you feel it is safe to assume the overall stock market will produce 6% returns to investors over that time period? When no one knows for sure, you diversify with stocks and bonds. ...
by Adrian Nenu
Wed Jan 26, 2011 12:32 am
Forum: Investing - Theory, News & General
Topic: How do financial advisors invest their own money?
Replies: 21
Views: 3637

For example, those types who help your employer to a 401k with active funds with ERs of around 1% to 2%. I met dozens of plan "advisors" but have not met a competent one yet. They are entry-level salespeople with minimal financial education and background in money management. Bad advice +...
by Adrian Nenu
Tue Jan 25, 2011 9:35 pm
Forum: Personal Finance (Not Investing)
Topic: Jeremy Grantham: "Pavlov's Bulls" 4th Qtr Letter
Replies: 58
Views: 7977

Adrian- Are you still 100% equity?



No. I switched to 50/50 on January 18th, 2011.

Adrian
anenu@tampabay.rr.com
by Adrian Nenu
Tue Jan 25, 2011 9:25 pm
Forum: Personal Finance (Not Investing)
Topic: Jeremy Grantham: "Pavlov's Bulls" 4th Qtr Letter
Replies: 58
Views: 7977

Who is (fill in the blank) and why would I be interested in what he has to say?


I knew that was coming....unless it was Bogle's, Ferri's, Swedroe's or Bernstein's opinion.

Adrian
anenu@tampabay.rr.com
by Adrian Nenu
Tue Jan 25, 2011 9:03 pm
Forum: Investing - Theory, News & General
Topic: How do financial advisors invest their own money?
Replies: 21
Views: 3637

http://bucks.blogs.nytimes.com/2010/08/ ... your-money

Products of the Pros: Index Funds

Costs aside, if an advisor can't show you the risk of loss of a proposed portfolio, run as fast as you can because the advisor is incompetent.

Adrian
anenu@tampabay.rr.com
by Adrian Nenu
Tue Jan 25, 2011 4:56 pm
Forum: Personal Finance (Not Investing)
Topic: Fee Only Advisors all based on AUM?
Replies: 25
Views: 3700

Ferri charges an AUM fee but Evanson does not; he charges a flat fee.



Thanks for the correction! :oops:

Adrian
anenu@tampabay.rr.com
by Adrian Nenu
Tue Jan 25, 2011 1:57 pm
Forum: Personal Finance (Not Investing)
Topic: Fee Only Advisors all based on AUM?
Replies: 25
Views: 3700

All depends on cost, regardless of AUM or flat fee.

Ferri and Evanson charge very low AUM fees.

Moody charges a flat fee.

All three charge very low fees AND are fiduciaries. Most advisors charge high fees and are incompetent.

Adrian
anenu@tampabay.rr.com
by Adrian Nenu
Tue Jan 25, 2011 3:00 am
Forum: Personal Consumer Issues
Topic: Taco Bell "beef" = 35% beef, 65% filler
Replies: 147
Views: 16025

http://www.youtube.com/watch?v=aTjQO163P2E

Taco Bell may be a taste of the future :wink:

Adrian
anenu@tampabay.rr.com
by Adrian Nenu
Tue Jan 25, 2011 12:15 am
Forum: Personal Finance (Not Investing)
Topic: Will Small Investors Ever Warm Up to Stocks Again?
Replies: 4
Views: 1087

Will Small Investors Ever Warm Up to Stocks Again?

m Stocks have just about doubled since March 2009 and individual investors don't seem to care. Jason Zweig has details and explains why he thinks it may be awhile before small investors return to the market. . I agree. Small investors got clobbered twice in the last decade and many simply cannot aff...
by Adrian Nenu
Mon Jan 24, 2011 10:39 pm
Forum: Investing - Theory, News & General
Topic: NYT: The Retirement Homestretch
Replies: 59
Views: 10196

The real problem is if 2010-2020 turns out to be another "lost decade" as well. Bonds have low yield so they will not bail you out if stocks stay flat. If you are projecting 6%-7% returns and end up with 3%-4%, what are the consequences and what can you do to compensate? Adrian anenu@tampa...
by Adrian Nenu
Mon Jan 24, 2011 10:07 pm
Forum: Local Chapters and Bogleheads Community
Topic: Tampa Bay Bogleheads meeting
Replies: 19
Views: 5176

OK then it's a go in Tampa. Keep the posts coming folks.

Adrian
anenu@tampabay.rr.com
by Adrian Nenu
Sun Jan 23, 2011 3:18 pm
Forum: Investing - Help with Personal Investments
Topic: 100% Total Stock Index. Am I Being Reckless?
Replies: 131
Views: 14143

1830-1860

Stocks were flat with reinvested dividends per Shiller.

Adrian
anenu@tampabay.rr.com
by Adrian Nenu
Sat Jan 22, 2011 3:48 pm
Forum: Local Chapters and Bogleheads Community
Topic: Tampa Bay Bogleheads meeting
Replies: 19
Views: 5176

I liked the meeting with Rick a couple months ago. I'm interested. Rick was the highlight of that excellent meeting. I had not seen Rick since 2003 and it was great to see his presentation and Q&A session. I am working on setting up a well-known surprise guest speaker for this meeting. She will...
by Adrian Nenu
Fri Jan 21, 2011 5:40 pm
Forum: Investing - Theory, News & General
Topic: The Callan Periodic Table of Investment Returns
Replies: 26
Views: 4822

It think the Callen Table is a good reminder that forecasting what will happen next year is a difficult thing to do. I like to cover the right side of the chart, say from 2001 through 2010 and then, looking at the last 5 to 10 years still visible, predict what happened in the next year. Keep doing ...
by Adrian Nenu
Fri Jan 21, 2011 3:15 pm
Forum: Investing - Help with Personal Investments
Topic: 100% Total Stock Index. Am I Being Reckless?
Replies: 131
Views: 14143

Harry Browne portfolio:

25% Cash - zero returns

25% Bonds - low returns

25% Gold - currently in a speculative bubble, zero long term returns


No thanks!

Adrian
anenu@tampabay.rr.com
by Adrian Nenu
Fri Jan 21, 2011 1:14 pm
Forum: Investing - Help with Personal Investments
Topic: 100% Total Stock Index. Am I Being Reckless?
Replies: 131
Views: 14143

What's VTI ? 100% Total Stock Index. Am I Being Reckless? If you can handle ~50% bear market losses and up to 80% (1929-1932), it might be suitable for you. If not, add bonds to the point at which you can handle the potential risk of loss of the proposed portfolio. Adrian anenu@tampabay.rr.com
by Adrian Nenu
Fri Jan 21, 2011 11:17 am
Forum: Investing - Theory, News & General
Topic: Will there be a bear market this decade?
Replies: 36
Views: 4842

There could be a bear market at any time with an average decline of ~50% and up to 80% (1929-1932). Investors should account for this potential risk of loss when determining if a proposed asset allocation is suitable.

Yes - a 40+% drop in the S&P 500

Adrian
anenu@tampabay.rr.com
by Adrian Nenu
Thu Jan 20, 2011 5:33 pm
Forum: Investing - Help with Personal Investments
Topic: Questions about asset allocation
Replies: 5
Views: 1175

I am young and very risk tolerant (if the market dropped 50% today I would get excited) but I don't know how much people usually tilt when they want more extended market exposure. Fine, but are you loss tolerant? With a 100% stock portfolio, you can expect bear market losses of around 50% but an 80...
by Adrian Nenu
Thu Jan 20, 2011 5:23 pm
Forum: Local Chapters and Bogleheads Community
Topic: Tampa Bay Bogleheads meeting
Replies: 19
Views: 5176

Tampa Bay Bogleheads meeting

Hi folks, A few people e-mailed me recently requesting a meeting in the Tampa Bay area. I can set up a meeting in St.Petersburg, Tampa, Brandon or Plant City. If you have another suggestion for a location please let me know. And please reply here as well to keep this post on the front page so that o...
by Adrian Nenu
Thu Jan 20, 2011 5:17 pm
Forum: Investing - Theory, News & General
Topic: Years until financial independence?
Replies: 48
Views: 5560

Exactly 2 years and 3 months, then I will be financially independent.

By that time, I would have been saving and investing for nearly 30 years.

Adrian
anenu@tampabay.rr.com
by Adrian Nenu
Thu Jan 20, 2011 1:16 pm
Forum: Investing - Help with Personal Investments
Topic: Protected Principle Equity Index Fund?
Replies: 13
Views: 1642

http://www.efmoody.com/eia.html

The only ones who benefit are the salespeople and the companies who create these "investments". Better off with FDIC insured CDs or 20/80 portfolio if you can't handle a lot of risk.

Adrian
anenu@tampabay.rr.com
by Adrian Nenu
Thu Jan 20, 2011 12:17 pm
Forum: Investing - Theory, News & General
Topic: John Bogle says dumb is not a handicap
Replies: 45
Views: 6523

John Bogle says dumb is not a handicap


I agree. From personal experience it has never been a problem for me. :wink:

Adrian
anenu@tampabay.rr.com