Search found 4726 matches

by stemikger
Fri Jun 22, 2018 7:46 pm
Forum: Investing - Help with Personal Investments
Topic: VBIAX vs. VWELX [Vanguard Balanced Index vs. Wellington]
Replies: 9
Views: 1113

Re: VBIAX vs. VWELX

Any comments on these two funds. I chose VBIAX over VWELX because of a lower expense ratio and relatively similar performance over 10 years as well as 1,3, and 5 year performance. I would appreciate feedback. You chose wisely. Jack Bogle uses this fund to invest the money he gifts to his Grandchild...
by stemikger
Fri Jun 22, 2018 7:07 pm
Forum: Investing - Theory, News & General
Topic: Best Books For Learning?
Replies: 11
Views: 843

Re: Best Books For Learning?

My new favorite book and my most recent read is: J.L. Collins - A Simple Path to Wealth. It reinforces index investing as the only thing you need to know. It also emphasizes simplicity by investing in two index funds being the Total Stock Market Index and the Total Bond Market Index. Jim agrees with...
by stemikger
Fri Jun 22, 2018 1:53 am
Forum: Personal Consumer Issues
Topic: Most vs. Least satisfying home impovements
Replies: 35
Views: 3147

Re: Most vs. Least satisfying home impovements

I'm going through the same thing. Most - I just put in a Veranda Deck in my yard and put a new liner in my pool (Enjoying it very much) Least - New Heat and AC (Of course we needed it, but I wish the old one could have lasted a little longer) Currently putting all new windows in my house (We are usi...
by stemikger
Wed Jun 20, 2018 11:47 pm
Forum: Investing - Theory, News & General
Topic: Why is Mr. Bogle so against investing internationally?
Replies: 24
Views: 2757

Re: Why is Mr. Bogle so against investing internationally?

Mr. Bogle asserted that he is not fond of investing in foreign stocks as Currency risk is huge also other countries isn't as hard working as the US. So is it a safe bet to invest 100% of my stock assets into a domestic firms index etf? I'm in the minority and think like Jack. I have been investing ...
by stemikger
Wed Jun 20, 2018 5:08 pm
Forum: Investing - Theory, News & General
Topic: Why is Mr. Bogle so against investing internationally?
Replies: 24
Views: 2757

Re: Why is Mr. Bogle so against investing internationally?

Mr. Bogle asserted that he is not fond of investing in foreign stocks as Currency risk is huge also other countries isn't as hard working as the US. So is it a safe bet to invest 100% of my stock assets into a domestic firms index etf? I'm in the minority and think like Jack. I have been investing ...
by stemikger
Wed Jun 20, 2018 5:05 pm
Forum: Investing - Theory, News & General
Topic: Which boglehead rule do you break--and are ok with
Replies: 152
Views: 11169

Re: Which boglehead rule do you break--and are ok with

100% equities. yolo. +1 +2 Actually, you might not be breaking any rule according to Jack. Go to 27:44 to hear his take on 100% equities. https://www.youtube.com/watch?v=byNIu6e7Sbs&t=2480s Thanks for posting that link! Bogle's comments about SS and pensions acting like a bond in a portfolio matche...
by stemikger
Wed Jun 20, 2018 9:35 am
Forum: Investing - Theory, News & General
Topic: Which boglehead rule do you break--and are ok with
Replies: 152
Views: 11169

Re: Which boglehead rule do you break--and are ok with

guyesmith wrote:
Mon Jun 18, 2018 8:14 pm
msk wrote:
Mon Jun 18, 2018 6:41 am
FIBoston wrote:
Mon Jun 18, 2018 6:34 am
100% equities. yolo.
+1
+2
Actually, you might not be breaking any rule according to Jack. Go to 27:44 to hear his take on 100% equities.

https://www.youtube.com/watch?v=byNIu6e7Sbs&t=2480s
by stemikger
Mon Jun 18, 2018 8:35 am
Forum: Investing - Theory, News & General
Topic: Very confused with the current market
Replies: 93
Views: 8310

Re: Very confused with the current market

capcase wrote:
Sun Jun 17, 2018 2:34 pm
- It has been history higher and higher.
- the fundamental law says it will recycle every 10 years
- I had been on cash for 10 months

Please don't tell me I should not time the market.

What's going wrong?
This might help.

https://www.youtube.com/watch?v=k6ra5POdsYg&t=17s
by stemikger
Sun Jun 17, 2018 6:39 am
Forum: Personal Consumer Issues
Topic: African Safari: Worth it or Hype?
Replies: 57
Views: 4450

Re: African Safari: Worth it or Hype?

Some seasoned travelers tell us that Africa was the best trip they ever took. Others have been unimpressed and are just as happy seeing animals in the zoo. Would be interested in thoughts of those who have visited Africa. Is it worth it or mostly hype? Thanks in advance. Roosevelt. I never went, bu...
by stemikger
Sat Jun 16, 2018 6:45 pm
Forum: Personal Consumer Issues
Topic: Top Shelf Liquor Overrated?
Replies: 186
Views: 15531

Re: Top Shelf Liquor Overrated?

MJW wrote:
Sat Jun 16, 2018 6:40 pm
stemikger wrote:
Sat Jun 16, 2018 12:29 am
so drinking Bud Light which I really love the taste
When I read this I am torn between feeling compelled to try to convince you otherwise, or simply reciting the Serenity Prayer as many times as it takes for me to let it go.
LOL. Bud Light Forever!!
by stemikger
Sat Jun 16, 2018 6:44 pm
Forum: Personal Consumer Issues
Topic: Top Shelf Liquor Overrated?
Replies: 186
Views: 15531

Re: Top Shelf Liquor Overrated?

...As far as beer goes, I only drink Bud Light. All these new craft beers are just too bitter and heavy for me. *sigh* (from a committed IPA consumer...) But you'll ruin your palate! This from my local wine dealer (who also sells craft beer). And she was right. My husband kept going for hoppier and...
by stemikger
Sat Jun 16, 2018 8:59 am
Forum: Investing - Help with Personal Investments
Topic: I feel like selling my 3 fund
Replies: 57
Views: 7368

Re: I feel like selling my 3 fund

30 years old. You are sooo young!! Stay invested, with a balanced Index fund if a stock heavy Index fund portfolio makes you nervous and don't look at it until you ready to retire. No one can time the market and life is too short. Out of all the things I have said in my 60 plus year career, nothing ...
by stemikger
Sat Jun 16, 2018 8:39 am
Forum: Investing - Theory, News & General
Topic: Which boglehead rule do you break--and are ok with
Replies: 152
Views: 11169

Re: Which boglehead rule do you break--and are ok with

Following Jack Bogle and following the Bogleheads are definitely not the same. I consider myself a Jack Bogle purist, but definitely not a Boglehead purist. Having said that, I'm good with that!! Here are some of the things I feel strongly about that many Bogleheads probably would not. Jack Bogle - ...
by stemikger
Sat Jun 16, 2018 12:29 am
Forum: Personal Consumer Issues
Topic: Top Shelf Liquor Overrated?
Replies: 186
Views: 15531

Re: Top Shelf Liquor Overrated?

...As far as beer goes, I only drink Bud Light. All these new craft beers are just too bitter and heavy for me. *sigh* (from a committed IPA consumer...) But you'll ruin your palate! This from my local wine dealer (who also sells craft beer). And she was right. My husband kept going for hoppier and...
by stemikger
Sat Jun 16, 2018 12:27 am
Forum: Personal Consumer Issues
Topic: Top Shelf Liquor Overrated?
Replies: 186
Views: 15531

Re: Top Shelf Liquor Overrated?

The Wizard wrote:
Fri Jun 15, 2018 5:42 pm
stemikger wrote:
Fri Jun 15, 2018 5:28 pm
...As far as beer goes, I only drink Bud Light. All these new craft beers are just too bitter and heavy for me.
*sigh*
(from a committed IPA consumer...)
LOL. I know, people love them, but Bud Light is still the best for me. lol.
by stemikger
Fri Jun 15, 2018 5:28 pm
Forum: Personal Consumer Issues
Topic: Top Shelf Liquor Overrated?
Replies: 186
Views: 15531

Re: Top Shelf Liquor Overrated?

I don't think it's overrated. I really don't drink that much these days, but when I do drink vodka, Tito's is what I prefer. I am not a scotch drinker because I can't even get the stuff down, but my brother-in-law gave me a glass of Johnny Walker Blue and it was smooth and I was able to drink it. So...
by stemikger
Fri Jun 15, 2018 4:32 pm
Forum: Investing - Theory, News & General
Topic: Which boglehead rule do you break--and are ok with
Replies: 152
Views: 11169

Re: Which boglehead rule do you break--and are ok with

In the past I had a terrible time staying the course when it came to my AA. I was coming to these forums saying how much I loved the Balanced Index 60/40 model, but would constantly second guess this great advice by John Bogle. I have been on a good road for a nice amount of time and I don't even lo...
by stemikger
Fri Jun 15, 2018 4:12 pm
Forum: Investing - Theory, News & General
Topic: Our interview with Taylor Larimore
Replies: 17
Views: 3633

Re: Our interview with Taylor Larimore

Thanks for the link Barry!

Thank you Taylor!!

You are a voice of reason to the every man investor!! I appreciate you!!

Steve G
by stemikger
Tue Jun 12, 2018 5:12 pm
Forum: Investing - Theory, News & General
Topic: [favorite] Boglehead quotes
Replies: 103
Views: 14109

Re: [favorite] Boglehead quotes

A440 wrote:
Mon Jun 11, 2018 5:56 pm
I was reminded of two more today:

-"Be counter-cultural in a culture that's lost its mind" (Dave Ramsey)

-"Comparison is the Thief of Joy" (Theodore Roosevelt)
+1

Who I like those!!

The second one is so true!!
by stemikger
Mon Jun 11, 2018 6:17 pm
Forum: Investing - Theory, News & General
Topic: Jack Bogle weighs in on Vanguard 401k changes
Replies: 2
Views: 852

Re: Jack Bogle weighs in on Vanguard 401k changes

All a 401k really needs is a stock index fund, a bond index fund and a balanced fund.

Balanced Index Fund for life, what could be easier!
by stemikger
Mon Jun 11, 2018 5:42 am
Forum: Investing - Theory, News & General
Topic: Buffett says Bonds are a terrible investment now. What should we invest in besides stocks?
Replies: 141
Views: 20230

Re: Buffett says Bonds are a terrible investment now. What should we invest in besides stocks?

I love Buffett, but I don't have the stomach for 90% stocks. I will stick with 60/40 and hopefully it gets me there. I'm there myself at 60/40 but doesn't the idle 40% gnaw at your soul? It's taken every once of my will to not 75/25 and live with the consequences. At 41, and fundamentally optimisti...
by stemikger
Sun Jun 10, 2018 5:24 pm
Forum: Investing - Theory, News & General
Topic: Buffett says Bonds are a terrible investment now. What should we invest in besides stocks?
Replies: 141
Views: 20230

Re: Buffett says Bonds are a terrible investment now. What should we invest in besides stocks?

I love Buffett, but I don't have the stomach for 90% stocks. I will stick with 60/40 and hopefully it gets me there. I'm there myself at 60/40 but doesn't the idle 40% gnaw at your soul? It's taken every once of my will to not 75/25 and live with the consequences. At 41, and fundamentally optimisti...
by stemikger
Sat Jun 09, 2018 6:55 am
Forum: Personal Finance (Not Investing)
Topic: Why do we work?
Replies: 121
Views: 10060

Re: Why do we work?

I work to eat. Without food, we will die. I also work to keep safe from the elements, so I bought a house which is not a short term commitment.
by stemikger
Sat Jun 09, 2018 6:11 am
Forum: Investing - Theory, News & General
Topic: Jack Bogle on Fox Business Channel Friday June 8
Replies: 65
Views: 5437

Re: Jack Bogle on Fox Business Channel Friday June 8

mxs wrote:
Fri Jun 08, 2018 10:25 pm
First 6 minutes of the program.
https://m.youtube.com/watch?v=HJyczA3PqG8

Another 5 minutes from the interview.
https://m.youtube.com/watch?v=RC__VrsfdpM
Thanks for the links.

I love when Jack constantly reinforces my complete investment strategy. Balanced Index for life.
by stemikger
Fri Jun 08, 2018 6:53 pm
Forum: Personal Consumer Issues
Topic: Anyone Deleting Facebook?
Replies: 338
Views: 24165

Re: Anyone Deleting Facebook?

I didn't feel the need to delete it, but on January 1st I deactivated my account and I am not going back into the mouth of madness. Fakebook just became high school all over again. I wasn't a fan of high school and couldn't wait to get out in 1982, so why would I voluntarily go back. Sure it was nic...
by stemikger
Thu Jun 07, 2018 9:28 pm
Forum: Personal Finance (Not Investing)
Topic: Best Advice You Never Took
Replies: 100
Views: 13471

Re: Best Advice You Never Took

Hi Victoria, For fear of sounding like a complete idiot, I think I might have to show this to my daughter who majored in psychology to even understand what you wrote. I know Charlie talks about The Psychology of Human Misjudgment; also known as the "25 Cognitive Biases" and I can find many of those...
by stemikger
Wed Jun 06, 2018 12:18 am
Forum: Personal Finance (Not Investing)
Topic: How much money do you want to retire?
Replies: 433
Views: 50599

Re: How much money do you want to retire?

I turn 54 this month and I don't have a number. Whatever number it is I will make it work when I either get laid off or leave voluntarily. Hope I get to leave on my own terms.
by stemikger
Mon Jun 04, 2018 9:09 am
Forum: Personal Finance (Not Investing)
Topic: Best Advice You Never Took
Replies: 100
Views: 13471

Re: Best Advice You Never Took

Actually nothing. I was lucky enough to have a strong inner voice and not follow advice I didn't agree with. I remember my Mother-in-Law was upset that I bought a townhome in 1993 and I'm still in said home with no mortgage and love the area. I paid $134K for this home and could sell it for $525K t...
by stemikger
Mon Jun 04, 2018 7:28 am
Forum: Investing - Help with Personal Investments
Topic: Is it fine to have 100% of portfolio in VTSAX
Replies: 33
Views: 3123

Re: Is it fine to have 100% of portfolio in VTSAX

Sounds like a good plan to me. Like another poster said take Jack's advice and Don't Peek!!
by stemikger
Sun Jun 03, 2018 9:42 pm
Forum: Investing - Theory, News & General
Topic: What are you up YTD? [Year To Date]
Replies: 1857
Views: 340193

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

60/40 rebalanced YTD +1.05

Personal rate of return from 05/01/2017 to 05/31/2018 is 10.78%
by stemikger
Sun Jun 03, 2018 6:55 am
Forum: Personal Finance (Not Investing)
Topic: The Side Hustle
Replies: 65
Views: 8184

Re: The Side Hustle

I used to have one, but as my income grew and my weekends became more important for rest and relaxation I phased it out. I am a licensed cosmotologist and cut hair on Sundays at a salon a mile from my house for years. My main job is a computer specialist at a large Wall street Law firm. Maybe down t...
by stemikger
Sun Jun 03, 2018 6:40 am
Forum: Personal Finance (Not Investing)
Topic: Best Advice You Never Took
Replies: 100
Views: 13471

Re: Best Advice You Never Took

Actually nothing. I was lucky enough to have a strong inner voice and not follow advice I didn't agree with. I remember my Mother-in-Law was upset that I bought a townhome in 1993 and I'm still in said home with no mortgage and love the area. I paid $134K for this home and could sell it for $525K to...
by stemikger
Sun Jun 03, 2018 6:20 am
Forum: Personal Consumer Issues
Topic: Friends with an EJ Advisor
Replies: 49
Views: 3961

Re: Friends with an EJ Advisor

In Friendships like any other relationship there are boundaries. A real friend respects those. Be direct, if he gets offended and does not want your friendship any longer, he was only pursuing you as a client and not as a friend. Move on if that is the case. If he is a real friend, he would understa...
by stemikger
Fri Jun 01, 2018 9:00 am
Forum: Personal Finance (Not Investing)
Topic: Financial setback stories
Replies: 21
Views: 3465

Re: Financial setback stories

My Father owned a small hair salon on the Upper West Side of Manhattan and I was a licensed hair stylist there (very desirable area). My dad died at 52 of Cancer and I was a kid who didn't have his head together and after two months of running the shop without my Father there, I walked away from it ...
by stemikger
Thu May 31, 2018 11:41 pm
Forum: Investing - Theory, News & General
Topic: What are you up YTD? [Year To Date]
Replies: 1857
Views: 340193

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

5/31/18 -0.85% (60/40) Vanguard Institutional Index Fund and Blackrock U.S. Debt Index Fund
by stemikger
Wed May 30, 2018 6:07 am
Forum: Personal Finance (Not Investing)
Topic: I've never budgeted sucessfully
Replies: 59
Views: 4944

Re: I've never budgeted sucessfully

You don't need to budget. I never did. All you have to do is pay yourself first, then you can freely spend your paycheck on what you need to spend it on. I have the max taken out of my paycheck for my 401K and I also have 5% taken out for a liquid emergency fund. That's it, I spend the rest without...
by stemikger
Tue May 29, 2018 10:44 am
Forum: Personal Consumer Issues
Topic: 13-year old Civic. Replace, or keep sinking money into it?
Replies: 51
Views: 3804

Re: 13-year old Civic. Replace, or keep sinking money into it?

I think you did good. IMHO thirteen years means you already won. Go get yourself a new Civic and keep it for another thirteen. My rule is every 10 years (if I get lucky). I buy a subcompact which is under 20K (brand new) and keep it for a decade. I pay it off in a couple of years and for most of tha...
by stemikger
Thu May 24, 2018 8:54 am
Forum: Personal Finance (Not Investing)
Topic: I've never budgeted sucessfully
Replies: 59
Views: 4944

Re: I've never budgeted sucessfully

You don't need to budget. I never did. All you have to do is pay yourself first, then you can freely spend your paycheck on what you need to spend it on. I have the max taken out of my paycheck for my 401K and I also have 5% taken out for a liquid emergency fund. That's it, I spend the rest without ...
by stemikger
Sat May 19, 2018 10:04 am
Forum: Investing - Theory, News & General
Topic: Buffett says Bonds are a terrible investment now. What should we invest in besides stocks?
Replies: 141
Views: 20230

Re: Buffett says Bonds are a terrible investment now. What should we invest in besides stocks?

I love Buffett, but I don't have the stomach for 90% stocks. I will stick with 60/40 and hopefully it gets me there.
by stemikger
Sat May 19, 2018 10:02 am
Forum: Personal Finance (Not Investing)
Topic: What’s your phone/internet bill?
Replies: 92
Views: 6136

Re: What’s your phone/internet bill?

Verizon Fios for Phone and Internet (Landline only)

$85 per month.
by stemikger
Fri May 18, 2018 8:00 pm
Forum: Personal Finance (Not Investing)
Topic: Dave Ramsey it or keep low interest debt
Replies: 134
Views: 9243

Re: Dave Ramsey it or keep low interest debt

I have 3 debts as follows 20k car loan - 0% 38k car loan - 1.9% 226k mortgage - 3.625% Annual income 255k Fully funded emergency fund (6 months) Right now I save 86k annually. Should I continue saving as is (via 401k, Roth, taxable) or save less to knock out these very low interest loans? I know th...
by stemikger
Fri May 18, 2018 4:09 pm
Forum: Investing - Theory, News & General
Topic: "Keep it Simple With Index Funds"
Replies: 8
Views: 1929

Re: "Keep it Simple With Index Funds"

Thanks for posting this Taylor!
by stemikger
Fri May 18, 2018 5:15 am
Forum: Personal Consumer Issues
Topic: [What TV Show Have You Recently Watched?]
Replies: 694
Views: 75175

Re: Netflix, Your Current Favorite Show

Living on a tiny ant Give me a Moment Sacred Cows (the true story of the diary industry) The secrets we never knew Dad is in Heaven With Nixon Cutie and the Boxer I like killing flies Dogtooth Mum and Dad So sad to see you alive Join the party but not the past Blame the poppies Addicted Hoarders Hoa...
by stemikger
Thu May 17, 2018 4:19 pm
Forum: Investing - Help with Personal Investments
Topic: Friend says "Stock market will crash, invest in silver" - thoughts?
Replies: 127
Views: 8168

Re: Friend says "Stock market will crash, invest in silver" - thoughts?

Nobody Knows Nothing! Are you an investor or a speculator? Market timing never works (some do get lucky, but it is a very small percent). If you feel nervous readjust your asset allocation to something you can live with when the market does go down, but NEVER ALL IN OR ALL OUT OF THE MARKET. I said ...
by stemikger
Tue May 15, 2018 4:11 pm
Forum: Local Chapters and Bogleheads Community
Topic: Yes, I'm 89 all right! [Jack Bogle]
Replies: 126
Views: 9910

Re: Yes, I'm 89 all right! [Jack Bogle]

I'm glad you saw all the birthday wishes! Thank you Mr. Bogle (Jack) for letting us all know you are doing well! A real inspiration!
by stemikger
Tue May 15, 2018 12:11 am
Forum: Local Chapters and Bogleheads Community
Topic: How did you fall in love with investing?
Replies: 49
Views: 2941

Re: How did you fall in love with investing?

I was always hard wired to save, but I was also a late starter. I remember when I was a kid and wanted to save in a Christmas Club my dad discouraged me. After that, I didn't start saving until I was in my early 30s. One of the books that really got me going was The Automatic Millionaire. I realized...
by stemikger
Mon May 14, 2018 7:55 am
Forum: Personal Consumer Issues
Topic: Is there a boglehead muscle car?
Replies: 138
Views: 7816

Re: Is there a boglehead muscle car?

The Nissan Versa. It's the most inexpensive car sold today. I tend to flex my muscles elsewhere.
by stemikger
Sat May 12, 2018 4:44 am
Forum: Personal Finance (Not Investing)
Topic: Lucrative careers?
Replies: 318
Views: 24261

Re: Lucrative careers?

I think you are looking at it the wrong way. Find your passion and go all in with it. As Warren Buffett has said numerous times, "Don't Sleep Walk Through Life". At your age, do the hard work to find that passion, when you are my age, you will thank your younger self. P.S. The problem with looking a...
by stemikger
Thu May 10, 2018 5:57 pm
Forum: Investing - Theory, News & General
Topic: Cliff Asness (AQR) on Bloomberg discussing Fixed Income
Replies: 15
Views: 1762

Re: Cliff Asness (AQR) on Bloomberg discussing Fixed Income

Cliff Arness is the Hedge Fund Manager that John Bogle hates the least.