Search found 4436 matches

by stemikger
Wed Oct 18, 2017 2:59 pm
Forum: Personal Consumer Issues
Topic: How many miles/years do you keep your car?
Replies: 92
Views: 5166

Re: How many miles/years do you keep your car?

I always buy a compact or subcompact brand new and drive it as long as it lets me. The minimum is 10 years. This is the way I have been doing it since I was in my 20s and I'm 53 now. It works for me.

My current car is a 2009 Nissan Versa (which I love). It has over 100K miles.
by stemikger
Wed Oct 18, 2017 8:26 am
Forum: Investing - Theory, News & General
Topic: The overselling of international diversification
Replies: 45
Views: 3547

Re: The overselling of international diversification

I will listen to the smartest mind in the business. I like his 65 plus years of experience on the matter. No need to search further. Listen to Jack. https://www.bloomberg.com/news/2014-12-08/jack-bogle-i-wouldn-t-risk-investing-outside-the-u-s-.html http://www.morningstar.com/cover/videocenter.aspx?...
by stemikger
Wed Oct 18, 2017 4:22 am
Forum: Investing - Help with Personal Investments
Topic: seeking advice on asset allocation, or is Vanguard crazy
Replies: 26
Views: 2402

Re: seeking advice on asset allocation, or is Vanguard crazy

Appreciate all the input. I know it's an unanswerable question but it's helpful to get input from other like-minded investors, which I value far more than financial advisers. This forum has really changed my life for the better, between white coat investor and here my approach to retirement has com...
by stemikger
Wed Oct 18, 2017 12:36 am
Forum: Investing - Theory, News & General
Topic: The overselling of international diversification
Replies: 45
Views: 3547

Re: The overselling of international diversification

oldzey wrote:
Tue Oct 17, 2017 8:24 pm
0% International works for me.
+1

Me too! Less risk and less to worry about. When I started investing in my 401K we didn't even have an international option.
by stemikger
Sun Oct 15, 2017 3:53 pm
Forum: Investing - Theory, News & General
Topic: International [Are multinational US companies the same as international?]
Replies: 12
Views: 574

Re: International

I'm an all U.S. investor just like Mr. Bogle. I will post a video below for several of the reasons why.

https://www.youtube.com/watch?v=hvgptl5-Kcc
by stemikger
Sat Oct 14, 2017 4:54 pm
Forum: Investing - Help with Personal Investments
Topic: wellington fund ( VWELX )
Replies: 24
Views: 2481

Re: wellington fund ( VWELX )

As others have said if it is a tax deferred account it is a great fund. It certainly has stood the test of time.

However, it is a managed fund, but still low cost and even Jack Bogle owns it. I'm a 100% passive index investor, so I rather go with the Balanced Index instead.
by stemikger
Sat Oct 14, 2017 3:31 pm
Forum: Personal Finance (Not Investing)
Topic: Selling Tradelines
Replies: 36
Views: 1841

Re: Selling Tradelines

alpenglow wrote:
Thu Oct 12, 2017 10:45 am
I've read about it but won't do it as it strikes me as sketchy and amoral.
+1

Me too. I would have a hard time feeling good about this.
by stemikger
Sat Oct 14, 2017 6:18 am
Forum: Investing - Help with Personal Investments
Topic: All in with Balanced Index fund
Replies: 41
Views: 4891

Re: All in with Balanced Index fund

I advised my parents who are approaching retirement to hold only VBIAX (Balanced Admiral). They are too scared of currency fluctuations to want international. I didn't feel the point was worth arguing, since the goal was to get them to reduce stocks in AA and remove temptation for my dad to market ...
by stemikger
Fri Oct 13, 2017 6:54 pm
Forum: Investing - Theory, News & General
Topic: What's your asset allocation and why?
Replies: 160
Views: 13676

Re: What's your asset allocation and why?

Age 53 - 60/40 stocks/bonds all U.S. 401K 60/40 two fund portfolio Vanguard Institutional Index Fund =60% Blackrock U.S. Debt Index Fund = 40% Thanks to Jack Bogle, I find 60/40 is my goldilocks portfolio and helps me sleep like a baby. TIRA One Fund Vanguard Balanced Index Fund Upon retirement whic...
by stemikger
Wed Oct 11, 2017 10:45 pm
Forum: Investing - Help with Personal Investments
Topic: 100% invested, all in, no cash- how do you do it?
Replies: 42
Views: 3496

Re: 100% invested, all in, no cash- how do you do it?

Not sure this is answering your question, but I have always been 100% invested between stocks and bonds. Currently 60/40 (stocks/bonds). I only hold a 3 month emergency fund because I have no mortgage. So the cash is not that big, I rather max out my 401K for the 50 and older extra contribution.
by stemikger
Wed Oct 11, 2017 6:37 am
Forum: Local Chapters and Bogleheads Community
Topic: Brooklyn, NY Meetup
Replies: 8
Views: 726

Re: Brooklyn, NY Meetup

Would Staten Island count?
by stemikger
Wed Oct 11, 2017 6:30 am
Forum: Investing - Help with Personal Investments
Topic: What is a good Asset Allocation
Replies: 48
Views: 2580

Re: What is a good Asset Allocation

If you use John Bogle's very rough rule of thumb (age in bonds) it would be 70/30. If you use Ben Graham's guide no more than 75/25 stocks/bonds and no less than 25/75 stocks/bonds. So that is close enough. I would go with 75/25 at that age. However, if you use Warren Buffett's advice, it would be 9...
by stemikger
Mon Oct 09, 2017 10:18 am
Forum: Investing - Theory, News & General
Topic: Buffett: U.S. Stocks have been safer than Cash or Treasuries over the last 50 Years.
Replies: 19
Views: 2893

Re: Buffett: U.S. Stocks have been safer than Cash or Treasuries over the last 50 Years.

Surely you jest. And please don't call me Shirley. Warren Buffett is fully aware of index investing. He has been recommending it to us average know-nothing investors for years now. Warren is a value investor and he is a businessman, he looks to control whole businesses or large chunks. Index invest...
by stemikger
Sun Oct 08, 2017 7:35 am
Forum: Investing - Theory, News & General
Topic: Buffett: U.S. Stocks have been safer than Cash or Treasuries over the last 50 Years.
Replies: 19
Views: 2893

Re: Buffett: U.S. Stocks have been safer than Cash or Treasuries over the last 50 Years.

https://www.cnbc.com/2017/05/05/warren-buffett-reveals-whats-holding-him-back-from-putting-berkshires-cash-to-work.html Warren Buffett told CNBC that Berkshire Hathaway has $90 billion in cash, and he's looking to "buy a big business." The billionaire investor has been talking for a while now about...
by stemikger
Sun Oct 08, 2017 7:07 am
Forum: Investing - Theory, News & General
Topic: I'm thinking about cashing completely out of equites....
Replies: 75
Views: 8064

Re: I'm thinking about cashing completely out of equites....

Posted by Wanderingdoc People get all morbid when discussing finances.. :shock: lol. Hey, you get escape it, you might as well plan around it. :beer I personally think our culture is one of the worst when talking about death. It's just another phase of life in many other cultures and something they...
by stemikger
Sun Oct 08, 2017 7:04 am
Forum: Investing - Theory, News & General
Topic: I'm thinking about cashing completely out of equites....
Replies: 75
Views: 8064

Re: I'm thinking about cashing completely out of equites....

I'm 56 years old and I have all the money I will ever need based on my lifestyle (boring). With the market overdue for a correction does it ever make sense to completely liqudate ones exposure to risk. I'm currently at a 50/50 mix. Thoughts? I would put it all in the Vanguard Target Retirement Inco...
by stemikger
Sat Oct 07, 2017 6:17 am
Forum: Investing - Theory, News & General
Topic: Bogle himself is saying we will expect like 3% for the next decades
Replies: 139
Views: 14547

Re: Bogle himself is saying we will expect like 3% for the next decades

lazyday wrote:
Sat Oct 07, 2017 3:56 am
columbia wrote:
Fri Oct 06, 2017 7:09 pm
This is a US only prediction?
Probably. I've never seen him make a prediction for non-US equity.
Yes it is. Bogle does not invest in international. He is a U.S. only investor.
by stemikger
Sat Oct 07, 2017 3:54 am
Forum: Investing - Theory, News & General
Topic: Bogle himself is saying we will expect like 3% for the next decades
Replies: 139
Views: 14547

Re: Bogle himself is saying we will expect like 3% for the next decades

Just because he’s right about expenses doesn’t mean he’s right about everything. Jack himself always adds, "I may very well be wrong". However, studying Jack all these years, that is not very often, in fact it's hard to find instances of that. I believe it was Dr. Bill Bernstein who said every time...
by stemikger
Sat Oct 07, 2017 3:06 am
Forum: Investing - Theory, News & General
Topic: Bogle himself is saying we will expect like 3% for the next decades
Replies: 139
Views: 14547

Re: Bogle himself is saying we will expect like 3% for the next decades

Dottie57 wrote:
Fri Oct 06, 2017 5:40 pm
"Nobody knows nothin" - Jack Bogle
Actually Raymond (one of the old runners) said this. Bogle just repeats the story.

https://www.youtube.com/watch?v=A0gQiz0pCyI
by stemikger
Fri Oct 06, 2017 6:04 am
Forum: Personal Consumer Issues
Topic: Too much house? (nervous 1st time buyer)
Replies: 57
Views: 3968

Re: Too much house? (nervous 1st time buyer)

Go for it. Buying my home was one of the best moves I ever made. It gave me security and peace of mind. Whether that security was all in my head or not did not matter, it made me feel good. Where I live, $330K will not even get you a condo, even a townhome on my block starts at $490,000 and all the ...
by stemikger
Thu Oct 05, 2017 5:29 pm
Forum: Investing - Theory, News & General
Topic: Are stocks going up only because all the alternatives are lousy?
Replies: 45
Views: 4638

Re: Are stocks going up only because all the alternatives are lousy?

When John Bogle was asked this question, he said yes but what are we going to do about. He said he does not know the answer. If he doesn't know I sure as heck don't. So, I will stay the course and invest for the long term. On a side note, during my investing lifetime, I was invested in the S&P durin...
by stemikger
Thu Oct 05, 2017 9:11 am
Forum: Investing - Help with Personal Investments
Topic: How much should an 18 year old keep in bonds?
Replies: 28
Views: 1389

Re: How much should an 18 year old keep in bonds?

First let me say, it is very impressive that you are saving at 18. You will be good no matter what you do.

I didn't start saving until 30.

I would keep it the way you have it, with less international.

Good Luck!
by stemikger
Thu Oct 05, 2017 6:51 am
Forum: Investing - Theory, News & General
Topic: Peter L. Bernstein: Cash BETTER than Bonds
Replies: 64
Views: 7351

Re: Peter L. Bernstein: Cash BETTER than Bonds

Posted by Abuss368
Yes indeed. Since it is fall, I think it is time to start a new "no international thread!"
LOL. Coming soon!
by stemikger
Wed Oct 04, 2017 8:59 pm
Forum: Investing - Theory, News & General
Topic: Peter L. Bernstein: Cash BETTER than Bonds
Replies: 64
Views: 7351

Re: Peter L. Bernstein: Cash BETTER than Bonds

I moved past market timing many years ago and plan to stay the course with our stock and bond allocation. This worked very well through the years and during the financial crisis. Best. +1 Awesome!! Me too! Hi stemikger - Indeed! As Mr. Bogle always recommends "Stay the course"! Hope all is well. Th...
by stemikger
Wed Oct 04, 2017 8:58 pm
Forum: Investing - Theory, News & General
Topic: Peter L. Bernstein: Cash BETTER than Bonds
Replies: 64
Views: 7351

Re: Peter L. Bernstein: Cash BETTER than Bonds

Re: Peter L. Bernstein: Cash BETTER than Bonds Report this post Quote Post by stemikger » Wed Oct 04, 2017 10:42 am No disrespect to the late Peter Bernstein, but he wrote one of my favorite papers entitled the 60/40 solution only later to retract it. I would listen to Jack Bogle instead. 60/40 sto...
by stemikger
Wed Oct 04, 2017 8:53 pm
Forum: Investing - Theory, News & General
Topic: Peter L. Bernstein: Cash BETTER than Bonds
Replies: 64
Views: 7351

Re: Peter L. Bernstein: Cash BETTER than Bonds

abuss368 wrote:
Wed Oct 04, 2017 8:50 pm
I moved past market timing many years ago and plan to stay the course with our stock and bond allocation. This worked very well through the years and during the financial crisis.

Best.
+1

Awesome!! Me too!
by stemikger
Wed Oct 04, 2017 9:42 am
Forum: Investing - Theory, News & General
Topic: Peter L. Bernstein: Cash BETTER than Bonds
Replies: 64
Views: 7351

Re: Peter L. Bernstein: Cash BETTER than Bonds

No disrespect to the late Peter Bernstein, but he wrote one of my favorite papers entitled the 60/40 solution only later to retract it. I would listen to Jack Bogle instead. 60/40 stocks/bonds (all U.S.).
by stemikger
Wed Oct 04, 2017 7:53 am
Forum: Investing - Help with Personal Investments
Topic: to good to be true? [Investing in Real Estate Company]
Replies: 27
Views: 2127

Re: to good to be true?

Unless you want to be on Nightline as a victim of a scam. Stay far away.
by stemikger
Wed Oct 04, 2017 12:30 am
Forum: Investing - Theory, News & General
Topic: What are you up YTD? [Year To Date]
Replies: 1527
Views: 270699

Re: What are you up YTD? [Year To Date]

goingup wrote:
Tue Oct 03, 2017 6:53 pm
stemikger wrote:
Tue Oct 03, 2017 5:58 pm
Personal rate of return from 11/01/2016 to 09/30/2017 is 14.01%
60/40 stock/bond all U.S. (Blackrock U.S. Debt Index Fund and the Vanguard Institutional index Fund).
Interesting time frame! :wink:
lol. Yeah, I just copied from my 401K.
by stemikger
Tue Oct 03, 2017 5:58 pm
Forum: Investing - Theory, News & General
Topic: What are you up YTD? [Year To Date]
Replies: 1527
Views: 270699

Re: What are you up YTD? [Year To Date]

Personal rate of return from 11/01/2016 to 09/30/2017 is 14.01%
60/40 stock/bond all U.S. (Blackrock U.S. Debt Index Fund and the Vanguard Institutional index Fund).
by stemikger
Mon Oct 02, 2017 6:29 am
Forum: Investing - Theory, News & General
Topic: Current Bull Market could last years
Replies: 89
Views: 9704

Re: Current Bull Market could last years

Stay the course, tune out the noise and listen to this guy instead.

https://www.youtube.com/watch?v=A0gQiz0pCyI
by stemikger
Sun Oct 01, 2017 12:46 pm
Forum: Investing - Theory, News & General
Topic: Buffett's idea of risk vs risk as in the formula: 'willingness, ability and need'
Replies: 50
Views: 2579

Re: Buffett's idea of risk vs risk as in the formula: 'willingness, ability and need'

First off who are any of us to disagree with the Oracle. However, we are mere mortals and he is not. lol. Well maybe, but definitely a different form. I don't really disagree with Warren, and I'm sure in the long run stocks will outperform. Having said that, let's say you have $500K in your 401K at ...
by stemikger
Sat Sep 30, 2017 4:47 pm
Forum: Personal Finance (Not Investing)
Topic: NYC Health Insurance
Replies: 4
Views: 581

Re: NYC Health Insurance

Hi May,

Does the ACA offer HIP or Emblem? It is an HMO but the best insurance I have ever had.
by stemikger
Sat Sep 30, 2017 4:42 pm
Forum: Investing - Theory, News & General
Topic: Investing Books Debunked
Replies: 24
Views: 3950

Re: Investing Books Debunked

David Bach wrote The Automatic Millionaire which I still love Have you seen the expanded and updated edition of this book? https://www.amazon.com/Automatic-Millionaire-Expanded-Updated-Powerful/dp/0451499085/ref=la_B000APHWYM_1_1?s=books&ie=UTF8&qid=1506802834&sr=1-1 I wonder if he ruined it. I did...
by stemikger
Sat Sep 30, 2017 8:16 am
Forum: Personal Consumer Issues
Topic: Boglehead Investing Simplicity Leading to Simplifying Life?
Replies: 21
Views: 2026

Re: Boglehead Investing Simplicity Leading to Simplifying Life?

I didn't read the other replies yet but I definitely will. You might call me a simplicity junkie. I grew up in a very chaotic household and I always craved that kind of life but was never able to achieve it because all of the chaos. I now live the life of my dreams. I live in a modest but nice house...
by stemikger
Sat Sep 30, 2017 5:35 am
Forum: Investing - Theory, News & General
Topic: Investing Books Debunked
Replies: 24
Views: 3950

Re: Investing Books Debunked

I used to like Suze Orman. Having said that, she lost all credibility in my eyes. I enjoyed Rich Dad Poor Dad when it came out, but Robert K. turned out to be a big con artist. I loved Dave Ramsey back in the day and still enjoy the Total Money Makeover, but today I don't agree with not using credit...
by stemikger
Thu Sep 28, 2017 5:55 am
Forum: Investing - Theory, News & General
Topic: Which bogleheads have a "high need to take risk"?
Replies: 51
Views: 4469

Re: Which bogleheads have a "high need to take risk"?

I'm curious: Whom of you feels like they need to go e.g. 90%+ stocks to meet some financial goal? I'm talking about bogleheads who have a limited investment horizon and think another allocation would be safer, but have decided to take on more risky assets. If the risk doesn't pay off, what will you...
by stemikger
Thu Sep 28, 2017 4:46 am
Forum: Investing - Theory, News & General
Topic: Which bogleheads have a "high need to take risk"?
Replies: 51
Views: 4469

Re: Which bogleheads have a "high need to take risk"?

I'm curious: Whom of you feels like they need to go e.g. 90%+ stocks to meet some financial goal? I'm talking about bogleheads who have a limited investment horizon and think another allocation would be safer, but have decided to take on more risky assets. If the risk doesn't pay off, what will you...
by stemikger
Thu Sep 28, 2017 12:02 am
Forum: Investing - Help with Personal Investments
Topic: I'm shocked! [Mother 100% in bonds and annuities]
Replies: 67
Views: 6358

Re: I'm shocked!

neurosphere wrote:
Wed Sep 27, 2017 6:33 am
Your 87 year old mother has $1.5M earning 3%, and that's a problem...why?

And yes, you are right. As soon as you convince her to move anything into equities the market will go down. Leave it alone. :D
+1

I agree. Change at her age will cause stress for her and for you.
by stemikger
Wed Sep 27, 2017 10:42 pm
Forum: Personal Finance (Not Investing)
Topic: My Smartest Financial Moves
Replies: 62
Views: 5928

Re: My Smartest Financial Moves

Duplicate entry
by stemikger
Wed Sep 27, 2017 10:42 pm
Forum: Personal Finance (Not Investing)
Topic: My Smartest Financial Moves
Replies: 62
Views: 5928

Re: My Smartest Financial Moves

Maxed out my 401K
Paid off my home
Didn't take out a car loan
Passive investing in index fund
Listened to John Bogle (for many years now)
by stemikger
Tue Sep 26, 2017 11:48 pm
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 3015
Views: 882137

Re: What Movie Have You Recently Watched?

Went to see Mother with Jennifer Lawrence and Javier Bardem. You will either think it is a masterpiece or the worst movie you have ever seen. I think it was a masterpiece. Don't think it is possible to be middle of the road with this movie. It flopped in the box office for that reason. I haven't se...
by stemikger
Mon Sep 25, 2017 5:29 pm
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 3015
Views: 882137

Re: What Movie Have You Recently Watched?

Went to see Mother with Jennifer Lawrence and Javier Bardem.

You will either think it is a masterpiece or the worst movie you have ever seen.

I think it was a masterpiece. Don't think it is possible to be middle of the road with this movie. It flopped in the box office for that reason.
by stemikger
Mon Sep 25, 2017 12:52 pm
Forum: Personal Consumer Issues
Topic: Do you avoid risky adventures once you have the money?
Replies: 71
Views: 4104

Re: Do you avoid risky adventures once you have the money?

Money can be replaced, your life can't, so money has nothing to do with it. Having said that, I find at my current age 53 I got a little more chicken when it comes to thrill rides and the such (which I used to love). I bungee jumped and stuff like that but I don't think I can do it today. I find it ...
by stemikger
Mon Sep 25, 2017 12:44 pm
Forum: Personal Consumer Issues
Topic: Any books really change your outlook on life?
Replies: 317
Views: 51603

Re:

since i wasnt raised to save or invest, and i used to HATE reading.. the following 2 basics surely changed my life - automatic millionare - coffeehouse investor +1 I agree. After watching my Mom lose everything and become homeless after my dad died, I was still young enough 22 to realize I need to ...
by stemikger
Sat Sep 23, 2017 1:27 pm
Forum: Investing - Help with Personal Investments
Topic: Asset Allocation for mid 50 age group
Replies: 35
Views: 2492

Re: Asset Allocation for mid 50 age group

Age 53, 60/40 and will probably stay there for life.
by stemikger
Thu Sep 21, 2017 8:19 am
Forum: Local Chapters and Bogleheads Community
Topic: Bogleheads you would most like to meet and why?
Replies: 134
Views: 8936

Re: Bogleheads you would most like to meet and why?

Grt2bOutdoors wrote:
Wed Sep 20, 2017 10:31 am
Stemikger - we can talk about the Balanced index fund and the High Line
LOL. Any time Brother!! :beer
by stemikger
Thu Sep 21, 2017 6:15 am
Forum: Investing - Theory, News & General
Topic: AA if you were just starting out again
Replies: 49
Views: 3693

Re: AA if you were just starting out again

climber2020 wrote:
Thu Sep 21, 2017 5:54 am
Ari wrote:
Thu Sep 21, 2017 3:28 am


Today I've sold all my Vanguard funds and use local funds to keep complexity and tax costs low. I'm still 100% stock, and I wouldn't have it any other way.
What are local funds? I haven't heard about that before.
Me neither. Something having to do with localities?