Search found 4834 matches

by stemikger
Mon Oct 15, 2018 10:57 am
Forum: Investing - Theory, News & General
Topic: BOGLEHEADS 2018 VIDEOS
Replies: 15
Views: 2424

Re: BOGLEHEADS 2018 VIDEOS

Thank you for sharing this with us!
by stemikger
Tue Oct 09, 2018 4:53 pm
Forum: Investing - Theory, News & General
Topic: You know you’re a Boglehead when. . .
Replies: 44
Views: 4870

Re: You know you’re a Boglehead when. . .

I just had to put this recent event that happened to me in my life. After 23 years at the same company, they outsourced several departments (including mine). The good news is I was hired by the outsourcing firm, but in 6 months will get a salary cut which I can live with. While most of my co-worker...
by stemikger
Tue Oct 09, 2018 1:03 am
Forum: Investing - Theory, News & General
Topic: You know you’re a Boglehead when. . .
Replies: 44
Views: 4870

Re: You know you’re a Boglehead when. . .

The good news is I was hired by the outsourcing firm, but in 6 months will get a salary cut which I can live with. While most of my co-workers were angry, sad and even in tears,..... That sort of reminds me of an old fabel. A man is sentenced to die by the king. As the verdict is announced, the man...
by stemikger
Mon Oct 08, 2018 11:42 pm
Forum: Investing - Theory, News & General
Topic: You know you’re a Boglehead when. . .
Replies: 44
Views: 4870

Re: You know you’re a Boglehead when. . .

I just had to put this recent event that happened to me in my life. After 23 years at the same company, they outsourced several departments (including mine). The good news is I was hired by the outsourcing firm, but in 6 months will get a salary cut which I can live with. While most of my co-worker...
by stemikger
Mon Oct 08, 2018 10:18 am
Forum: Investing - Theory, News & General
Topic: You know you’re a Boglehead when. . .
Replies: 44
Views: 4870

Re: You know you’re a Boglehead when. . .

I just had to put this recent event that happened to me in my life. After 23 years at the same company, they outsourced several departments (including mine). The good news is I was hired by the outsourcing firm, but in 6 months will get a salary cut which I can live with. While most of my co-worker...
by stemikger
Mon Oct 08, 2018 10:16 am
Forum: Investing - Theory, News & General
Topic: You know you’re a Boglehead when. . .
Replies: 44
Views: 4870

Re: You know you’re a Boglehead when. . .

@OP - OK. When you put it that way, it makes more sense. I get it, and I retract my earlier statement. (But I'm not going to delete it, because then the thread gets confusing.) And I apologize for acting like a sphincter muscle. No worries! I did get a chuckle with the sphincter muscle line. lol. :...
by stemikger
Mon Oct 08, 2018 10:15 am
Forum: Investing - Theory, News & General
Topic: You know you’re a Boglehead when. . .
Replies: 44
Views: 4870

Re: You know you’re a Boglehead when. . .

Stemikger, I love your attitude, reminds of and old quote I read years ago... ATTITUDE by: Charles Swindoll The longer I live, the more I realize the impact of attitude on life. Attitude, to me, is more important than facts. It is more important than the past, than education, than money, than circu...
by stemikger
Mon Oct 08, 2018 8:08 am
Forum: Investing - Theory, News & General
Topic: You know you’re a Boglehead when. . .
Replies: 44
Views: 4870

Re: You know you’re a Boglehead when. . .

...in 6 months will get a salary cut....I was kind of happy because I was able to roll-over my 401K in the Balanced Index Fund in Vanguard. At the risk of sounding like a sphincter muscle.... You took a pay cut, but now you get to reduce your investment costs. And this makes you happy? If I may par...
by stemikger
Sun Oct 07, 2018 2:54 pm
Forum: Investing - Theory, News & General
Topic: What part of your investment philosophy was "Inspired by Jack Bogle"?
Replies: 27
Views: 1097

Re: What part of your investment philosophy was "Inspired by Jack Bogle"?

For me, it's everything. My entire investment philosophy is based on Jack's "Little Book of Common Sense Investing" and the Bogleheads investment philosophy . After 20 years of investing and making many mistakes along the way I have embraced Simplicity . With each year that passes I become more con...
by stemikger
Sun Oct 07, 2018 8:54 am
Forum: Investing - Theory, News & General
Topic: You know you’re a Boglehead when. . .
Replies: 44
Views: 4870

Re: You know your a Boglehead when. . .

mortfree wrote:
Sun Oct 07, 2018 8:17 am
*you’re

#BHfail
LOL. It was early. I fixed it. lol.
by stemikger
Sun Oct 07, 2018 8:16 am
Forum: Investing - Theory, News & General
Topic: You know you’re a Boglehead when. . .
Replies: 44
Views: 4870

Re: You know your a Boglehead when. . .

Thanks everyone for the positive feedback!

Steve G.
by stemikger
Sun Oct 07, 2018 8:13 am
Forum: Investing - Theory, News & General
Topic: You know you’re a Boglehead when. . .
Replies: 44
Views: 4870

Re: You know your a Boglehead when. . .

More evidence in support of international equity investing, maybe? Glad you're able to work through this economic setback and stay the course. :beer LOL. No still staying the course with my all U.S. balanced fund. It's like the old reliable car that has some dents but keeps on getting you to your d...
by stemikger
Sun Oct 07, 2018 6:43 am
Forum: Investing - Theory, News & General
Topic: You know you’re a Boglehead when. . .
Replies: 44
Views: 4870

You know you’re a Boglehead when. . .

I just had to put this recent event that happened to me in my life. After 23 years at the same company, they outsourced several departments (including mine). The good news is I was hired by the outsourcing firm, but in 6 months will get a salary cut which I can live with. While most of my co-workers...
by stemikger
Sun Oct 07, 2018 6:40 am
Forum: Investing - Theory, News & General
Topic: “It’s probably wise to sell to the sleeping point.” - Jack Bogle
Replies: 83
Views: 11529

Re: “It’s probably wise to sell to the sleeping point.” - Jack Bogle

My SWAN AA is the Vanguard Balanced Index Fund. I'm there, no need to do anything.
by stemikger
Sat Oct 06, 2018 3:37 pm
Forum: Personal Consumer Issues
Topic: Tackling Disney World - Discount on tickets?
Replies: 65
Views: 3675

Re: Tackling Disney World - Discount on tickets?

I would not even go. Looks like it would be very expensive. Are your kids asking about it? How would they even know at that age. There are a lot of other things to do in Florida. The beach. Local attractions. Maybe glass bottom boat. At 3 and 6 you will be setting a precedent. That is young enough ...
by stemikger
Sat Oct 06, 2018 7:32 am
Forum: Personal Consumer Issues
Topic: Tackling Disney World - Discount on tickets?
Replies: 65
Views: 3675

Re: Tackling Disney World - Discount on tickets?

Disney is expensive. If you’re going to go, you just have to accept that. If you’re trying to minimize costs, you are probably going to end up miserable. And the whole point of Disney is to have a good time. When we go, it’s usually for about seven days and we stay on Disney property. +1 IMHO you r...
by stemikger
Fri Oct 05, 2018 1:30 am
Forum: Investing - Help with Personal Investments
Topic: Where to park 40k?
Replies: 9
Views: 1244

Re: Where to park 40k?

Why are you waiting? Is it because you feel the market is too high? Do you know your risk tolerance or asset allocation? I rather just do a direct rollover to an IRA.
by stemikger
Thu Oct 04, 2018 7:20 am
Forum: Investing - Theory, News & General
Topic: [CNBC article: Don't expect to retire at 70]
Replies: 60
Views: 6228

Re: [CNBC article: Don't expect to retire at 70]

I find the whole idea of working till age 70 unrealistic for the majority of the population. Just because you are alive at 70, does not mean you will be "able" or be "allowed" to work at age 70. burt I agree. Most people get let go, outsourced, laid off, call it what you want before 70. My company ...
by stemikger
Thu Oct 04, 2018 5:38 am
Forum: Investing - Theory, News & General
Topic: [CNBC article: Don't expect to retire at 70]
Replies: 60
Views: 6228

Re: [CNBC article: Don't expect to retire at 70]

I'm bumping this for the article. I will read it later. Having said that, if it wasn't for David Bach, I would not be where I am today. His book The Automatic Millionaire is the one that got me started on this journey and after that I met Jack Bogle and the rest is history. David later did write boo...
by stemikger
Wed Oct 03, 2018 10:36 pm
Forum: Personal Consumer Issues
Topic: Benefits/longevity of more expensive ($300+) mens dress shoes?
Replies: 75
Views: 8495

Re: Benefits/longevity of more expensive ($300+) mens dress shoes?

I only bought expensive shoes twice in my life and they didn't last long. In both cases, they ended up with holes.

The less expensive pairs I buy still look good and last a long longer. When they are done, I just throw them out. I pay anywhere from $40 to $70 for my shoes.
by stemikger
Wed Oct 03, 2018 10:13 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard Balanced Index Fund Lovers?
Replies: 43
Views: 4670

Re: Vanguard Balanced Index Fund Lovers?

I'm all in the Vanguard Balanced Index Fund. No need to complicate things. I'm 54 and will hold this for life. IMHO investing doesn't get much better than that. If it's good enough for Jack's grandchildren it's good enough for me. This approach has Jack's blessing because I asked if there was anythi...
by stemikger
Mon Oct 01, 2018 11:15 pm
Forum: Investing - Help with Personal Investments
Topic: My biggest mistake - market timing
Replies: 62
Views: 8937

Re: My biggest mistake - market timing

To the OP: Resist the temptaiton with 3 fund portoflios, etc. I would invest in a 60/40 portfolio and you'll be ok. Although you missed a 40% runup, it could end in a year and be down. I think a 60/40 folio keeps jitters away. Think about vanguard balanced index, or lifestrategy moderate growth. Se...
by stemikger
Sun Sep 30, 2018 9:33 am
Forum: Investing - Theory, News & General
Topic: Fidelity Files for Four Fidelity ZERO℠ Funds (0.00% ER)
Replies: 753
Views: 73720

NEW Fidelity® ZERO Large Cap Index Fund (FNILX)

[Thread merged into here, see below. --admin LadyGeek] NEW Fidelity® ZERO Large Cap Index Fund (FNILX) Seeks to provide investment results that correspond to the total return of a broad range of large-capitalization U.S. companies. There is a 0% expense ratio and no minimums to invest in FNILX. For...
by stemikger
Sun Sep 30, 2018 9:30 am
Forum: Investing - Help with Personal Investments
Topic: Warren Buffet Portfolio Critique
Replies: 56
Views: 4518

Re: Warren Buffet Portfolio Critique

Thanks for this. I get so frustrated when people who don't know Buffett say this is only advice for his wife. I guess one of those would be me. :happy I agree that this quote from the stockholders letter linked above is clearly general advice for people to invest in the 500 index. "The goal of the ...
by stemikger
Sun Sep 30, 2018 6:47 am
Forum: Investing - Theory, News & General
Topic: Should we stay in Crazytown because there's no where to run?
Replies: 129
Views: 14750

Re: Should we stay in Crazytown because there's no where to run?

Charlie Munger once said in an interview that he has seen Berkshire stock go from top tick to bottom tick down by 50%. He also said ask me how much it bothered him. Zero. He said it was a non-event all three times. This is how a brilliant man and investor thinks about investing because he knows that...
by stemikger
Sun Sep 30, 2018 6:38 am
Forum: Investing - Help with Personal Investments
Topic: Warren Buffet Portfolio Critique
Replies: 56
Views: 4518

Re: Warren Buffet Portfolio Critique

Buffett has addressed this question in the Q&A portion of his shareholder meetings before, so the answers to some of the questions are: Yes, he means this as general advice. He says that for "know-nothing" investors (people who are not trying to actively pick stocks), picking a diversified U.S. ind...
by stemikger
Sat Sep 29, 2018 3:56 pm
Forum: Investing - Theory, News & General
Topic: Should we stay in Crazytown because there's no where to run?
Replies: 129
Views: 14750

Re: Should we stay in Crazytown because there's no where to run?

Beginner investors have trouble staying the course in a market downturn. Intermediate investors have trouble staying the course in a prolonged bull market. Successful investors always stay the course with a reasonable plan designed for them. Yes, by staying invested I will get hammered in the next ...
by stemikger
Sat Sep 29, 2018 4:57 am
Forum: Investing - Theory, News & General
Topic: Moneytalk with Bob Brinker coming to an end
Replies: 68
Views: 8459

Re: Moneytalk with Bob Brinker coming to an end

I guess he reached critical mass. I never really listened to him, but know of him. Good Luck to Bob!
by stemikger
Fri Sep 28, 2018 5:26 pm
Forum: Investing - Help with Personal Investments
Topic: Warren Buffet Portfolio Critique
Replies: 56
Views: 4518

Re: Warren Buffet Portfolio Critique

According to "the Google", Warren Buffett is worth about $86b or $87b. Let's make it conservative & say $80b. So his legacy to his wife (assuming no inheritance taxes) would be $8.0b Treasuries/$72.0b stocks. I believe his wife is about 72 years old now. I guess she would be able to survive on $8.0...
by stemikger
Fri Sep 28, 2018 8:29 am
Forum: Personal Consumer Issues
Topic: Anyone ever tired of managing hair and consider shaving to go bald
Replies: 59
Views: 4353

Re: Anyone ever tired of managing hair and consider shaving to go bald

instead of bald, what about buzzing it on a low number? or what about just growing out your hair? Both are easy and lazy When someone considers going bald even without them saying so, I know 95% of the time they can't grow their hair. Male pattern baldness... (unless you have some psychotic breakdo...
by stemikger
Fri Sep 28, 2018 6:48 am
Forum: Personal Consumer Issues
Topic: Anyone ever tired of managing hair and consider shaving to go bald
Replies: 59
Views: 4353

Re: Anyone ever tired of managing hair and consider shaving to go bald

I have been considering it now and then, but the fear or social stigma especially in the work place is keeping me away from doing it. Not to speak of unspeakable horrors at home from my spouse and kids. But, I want to feel free sometimes of the hair, and at least for once try it. Has anyone else tr...
by stemikger
Fri Sep 28, 2018 5:42 am
Forum: Personal Finance (Not Investing)
Topic: Car broker
Replies: 22
Views: 1804

Re: Car broker

We're going to buy a new SUV pretty soon. We'd driven a fair selection of compact SUV's when a friend at my gym told me about a "car broker" he's used twice. I called the broker, got a few references, and they all revved about the car buying service provided. It sounds like this service might save ...
by stemikger
Fri Sep 28, 2018 3:06 am
Forum: Investing - Theory, News & General
Topic: Warren Buffett Books
Replies: 45
Views: 5284

Re: Warren Buffett Books

My favorite is How Buffett Does It: 24 Simple Investing Strategies from the World's Greatest Value Investor
Book by James Pardoe
by stemikger
Fri Sep 28, 2018 2:32 am
Forum: Investing - Help with Personal Investments
Topic: Warren Buffet Portfolio Critique
Replies: 56
Views: 4518

Re: Warren Buffet Portfolio Critique

According to "the Google", Warren Buffett is worth about $86b or $87b. Let's make it conservative & say $80b. So his legacy to his wife (assuming no inheritance taxes) would be $8.0b Treasuries/$72.0b stocks. I believe his wife is about 72 years old now. I guess she would be able to survive on $8.0...
by stemikger
Fri Sep 28, 2018 12:42 am
Forum: Investing - Help with Personal Investments
Topic: Warren Buffet Portfolio Critique
Replies: 56
Views: 4518

Re: Warren Buffet Portfolio Critique

Like others said, it is basically a two fund portfolio. I'm sure it will beat more conservative asset allocations in the long term, but you have to have the stomach for it. I personally do not, so I will hold my one fund portfolio (as per Jack's suggestion) the Vanguard Balanced Index Fund helps me ...
by stemikger
Wed Sep 26, 2018 2:28 am
Forum: Investing - Theory, News & General
Topic: Other Portfolios that aren't 3 fund
Replies: 31
Views: 3311

Re: Other Portfolios that aren't 3 fund

I love the one fund portfolio which is also known as the Bogle Model (see the updated edition of The Little Book of Common Sense Investing). What is the Bogle Model you ask? It's the Vanguard Balanced Index Fund. Investing doesn't get better than this and it works!!
by stemikger
Sun Sep 23, 2018 1:37 pm
Forum: Investing - Help with Personal Investments
Topic: Direct rollover from 40K to IRA
Replies: 2
Views: 247

Re: Direct rollover from 40K to IRA

If you should want to roll your existing 401k money into your next 401k, some plans will only accept a rollover from a "Rollover IRA" which is supposed to be an IRA with only rollover contributions, not ordinary contributions. The law does not require this any more, but some plans have retained the...
by stemikger
Sun Sep 23, 2018 9:38 am
Forum: Investing - Help with Personal Investments
Topic: Direct rollover from 40K to IRA
Replies: 2
Views: 247

Direct rollover from 40K to IRA

Hi everyone, I will be calling Vanguard tomorrow to do a direct rollover from my 401K to my Traditional IRA due to a layoff. I have an existing IRA with Vanguard with 34K in it. I will be rolling over $725K. My plan is to put it into the existing IRA which is in the Vanguard Balanced Index Fund. Is ...
by stemikger
Sat Sep 22, 2018 11:00 am
Forum: Investing - Theory, News & General
Topic: Are We Headed For A Passive Index Meltdown?
Replies: 60
Views: 9349

Re: Are We Headed For A Passive Index Meltdown?

EyeYield wrote:
Thu Sep 20, 2018 8:44 am
If everybody got in their cars and drove at the same time, we would be headed for a transportation meltdown.
If everyone flushed their toilet at the same time, we would have a serious water drought.

Some things are not worth worrying about.
by stemikger
Tue Sep 18, 2018 12:45 am
Forum: Local Chapters and Bogleheads Community
Topic: Jack Bogle Bobblehead
Replies: 24
Views: 2873

Re: Jack Bogle Bobblehead

Count me in as someone who would love one of these for my desk!! I would definitely buy one!!
by stemikger
Sun Sep 16, 2018 1:03 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard Advisor suggesting 7 Bond funds for my 40%
Replies: 44
Views: 5355

Re: Vanguard Advisor suggesting 7 Bond funds for my 40%

This definitely would not have Jack's blessing. One bond fund is enough for me, heck one fund is enough for me. Vanguard Balanced Index Fund end of story.
by stemikger
Sat Sep 15, 2018 12:25 am
Forum: Investing - Theory, News & General
Topic: Age in Bonds - Still Recommended?
Replies: 152
Views: 11723

Re: Age in Bonds - Still Recommended?

Jack has often said it was never meant to be gospel but a starting point to get people to think about asset allocation. In the updated version of the Little Book of Common Sense Investing Jack seems to favor the classic 60/40 balanced index fund as a good compromise between risk and reward.
by stemikger
Mon Sep 10, 2018 6:12 pm
Forum: Personal Finance (Not Investing)
Topic: Anyone else playing catch-up in their 40's?
Replies: 68
Views: 7329

Re: Anyone else playing catch-up in their 40's?

It seems most of the ppl here started saving diligently in their 20's or 30's....are there others here who didn't "wake up" like me until they were in their 40's or beyond? Just curious. My rough timeline playing catch-up.... 20's - 0 savings 30's - very minimal 401k savings 40's - maxing all (401k...
by stemikger
Mon Sep 10, 2018 7:54 am
Forum: Investing - Theory, News & General
Topic: Question: Alternatives to Berkshire
Replies: 15
Views: 1467

Re: Question: Alternatives to Berkshire

At this point, due to Berkshire's size, Berkshire will probably have a hard time doing better than the index, so just buy the Vanguard 500 Index Fund. If its good enough for Astrid it's good enough for me.
by stemikger
Sun Sep 09, 2018 7:38 am
Forum: Personal Finance (Not Investing)
Topic: How much do bogleheads save in 529?
Replies: 79
Views: 4666

Re: How much do bogleheads save in 529?

I was light on funding the 529 but I only have one child. I sat her down and said if you want to go to an expensive school and dorm I could probably pay for half of that, but if you want to stay local I can get you through debt free. I cashed flowed her undergraduate and used the 529 to pay for her ...
by stemikger
Sun Sep 09, 2018 7:29 am
Forum: Investing - Theory, News & General
Topic: Why Bull Markets Are Dangerous
Replies: 152
Views: 18911

Re: Why Bull Markets Are Dangerous

Great story Rick and thanks for the reminder. Greed and fear and of course ourselves are the biggest obstacles to overcome when it comes to staying the course.
by stemikger
Sat Sep 08, 2018 8:11 pm
Forum: Personal Finance (Not Investing)
Topic: Low-earners- What is your profession?
Replies: 306
Views: 40340

Re: Low-earners- What is your profession?

I started out my career right out of high school (I went to cosmetology school for 8 months and became a licensed hair stylist) and worked with my Dad as a hair stylist. I did that for around 7 years. After my Dad passed away at 52, I left the profession. I went to a 3 month trade school and got a ...
by stemikger
Sat Sep 08, 2018 6:25 pm
Forum: Personal Finance (Not Investing)
Topic: Low-earners- What is your profession?
Replies: 306
Views: 40340

Re: Low-earners- What is your profession?

I started out my career right out of high school (I went to cosmetology school for 8 months and became a licensed hair stylist) and worked with my Dad as a hair stylist. I did that for around 7 years. After my Dad passed away at 52, I left the profession. I went to a 3 month trade school and got a j...
by stemikger
Tue Aug 28, 2018 6:50 am
Forum: Investing - Theory, News & General
Topic: New Jack Bogle Book!
Replies: 40
Views: 5672

Re: New Jack Bogle Book!

Thanks for posting Tony!! I'm looking forward to it!!