Search found 285 matches

by Trebor
Tue Oct 17, 2017 8:26 am
Forum: Investing - Theory, News & General
Topic: Roth as good as you think?
Replies: 29
Views: 3598

Re: Roth as good as you think?

I agree with the above discussion. I would point out, particularity for younger investors, the roth option allows you to contribute more of your money to tax advantaged space. Tax advantaged space is very valuable to compound in. 100 dollars in a roth is all yours. 100 dollars in a traditional is on...
by Trebor
Wed Aug 02, 2017 9:06 am
Forum: Investing - Help with Personal Investments
Topic: Will my older self thank me?
Replies: 38
Views: 3330

Re: Will my older self thank me?

I did not think of it as saving (sacrifice), I thought of it as buying freedom. Not much more I wanted to buy.
by Trebor
Wed May 31, 2017 3:10 pm
Forum: Personal Consumer Issues
Topic: Any books really change your outlook on life?
Replies: 326
Views: 53883

Re: Any books really change your outlook on life?

I am going to cheat a little on my first recommendation. Financially, my most important “book” was finding the diehards site, originally at Moringstar. It led me to read and understand many of the books listed in this thread. Honestly that back and forth discussion taught me so much more than I coul...
by Trebor
Mon Apr 24, 2017 1:26 pm
Forum: Investing - Theory, News & General
Topic: Single most important investing advice?
Replies: 97
Views: 13203

Re: Single most important investing advice?

Don't think of it as saving. Think of it as buying freedom. Not much more important to buy.

Use a low cost diversified investing strategy (total market index) and be stubbornly patient. (Stay the course.)
by Trebor
Sun May 29, 2016 9:32 am
Forum: Personal Finance (Not Investing)
Topic: Does the $5.45M exemption from estate taxes change your estate planning
Replies: 36
Views: 4211

Re: Does the $5.45M exemption from estate taxes change your estate planning

If you use a trust, do the beneficiaries lose the ability to stretch out distributions from Ira/401k accounts? Do funds have to be distributed within five years? Can the trust allow stretch distributions? I have very little knowledge of trusts. Thanks.
by Trebor
Tue Apr 12, 2016 7:31 pm
Forum: Investing - Theory, News & General
Topic: ‪"Lessons From the Great Minds of Investing‬"
Replies: 26
Views: 4758

Re: ‪"Lessons From the Great Minds of Investing‬"

Thank you. I really enjoyed it as well. Welcome Mr Green.
by Trebor
Wed Mar 16, 2016 1:58 pm
Forum: Personal Consumer Issues
Topic: Don't understand nutrition and exercise
Replies: 340
Views: 34289

Re: Don't understand nutrition and exercise

I have enjoyed this tread. I know that people are passionate about their diet and exercise beliefs. If you want to be thin in a healthy way, I believe in a Rave type diet. R- no refined highly processed foods A- no animal products V- no vegetable oils E- exercise “ Rave diet, Mike Anderson ” Whole f...
by Trebor
Wed Feb 24, 2016 3:41 pm
Forum: Personal Consumer Issues
Topic: Don't understand nutrition and exercise
Replies: 340
Views: 34289

Re: Don't understand nutrition and exercise

Generally we are taught not to discuss religion politics and money if we want to keep friends. I think you can add “diet and food” to that list. I will add my two cents for fun. There have only been two diets which have been scientifically proven/documented to reverse Heart Disease (Dr. Caldwell Ess...
by Trebor
Sun Mar 29, 2015 6:31 pm
Forum: Investing - Help with Personal Investments
Topic: Smartest Financial Move You Ever Made
Replies: 139
Views: 18516

Re: Smartest Financial Move You Ever Made

Hmm Any answer with a “best” involved is suspect. Having said that, one of the best "investing" moves I made was finding the diehards forum. I have learned so much here. I cant thank everyone enough. So many really smart people participate here and the discussion format really adds to the ...
by Trebor
Thu Mar 26, 2015 6:36 pm
Forum: Personal Finance (Not Investing)
Topic: Can I afford a $1M house?
Replies: 82
Views: 15977

Re: Can I afford a $1M house?

Will you own the house or will the house own you. Payments last for a long time. I suppose it depends on why you need/ want that particular house. Can you be equally happy with less or is that not an option in your area? Good luck.

Trebor
by Trebor
Sat Mar 23, 2013 3:55 pm
Forum: Investing - Theory, News & General
Topic: How do I build wealth?
Replies: 87
Views: 9908

Re: How do I build wealth?

Here is an interesting blog which I think ties into this conversation. The blog is in regards to Taleb’s comments on scalable vs. non-scalable jobs.

http://casnocha.com/2009/03/scalable-vs ... reers.html
by Trebor
Mon Dec 17, 2012 10:14 pm
Forum: Investing - Theory, News & General
Topic: "Are You Brilliant, or Lucky?"
Replies: 48
Views: 4997

Re: "Are You Brilliant, or Lucky?"

I am lucky enough to know I am not brilliant.
by Trebor
Wed Nov 07, 2012 3:02 pm
Forum: Forum Issues and Administration
Topic: [merged donation threads] Dear Bogleheads - time to pony up
Replies: 277
Views: 21049

Re: Dear Bogleheads - time to pony up

I am good for 25.00. Thanks to all.


"We make a living by what we get;we make a life by what we give."
-Winston Churchill-
by Trebor
Wed Oct 03, 2012 10:33 am
Forum: Investing - Theory, News & General
Topic: I'm 25: Should I be mad that the market is doing well?
Replies: 41
Views: 4348

Re: I'm 25: Should I be mad that the market is doing well?

At 25, your savings rate will swamp any returns or lack of returns in the market. It will take quite awhile before your investment returns have any impact on the direction of your ship. You are wise to be saving at 25 and lucky to have found this forum. Best wishes.
by Trebor
Fri Sep 21, 2012 12:13 pm
Forum: Investing - Theory, News & General
Topic: Will Your (TSM) Equity Bet Pay Off?
Replies: 222
Views: 12736

Re: Will Your (TSM) Equity Bet Pay Off?

I guess what bugs me is that the sellers of small value seem to think a total stock market investor is not diversified. The total market portfolio is the combined invested dollars best guess at a properly diversified portfolio. How to say this more properly? I will try. Just because a type of risk (...
by Trebor
Wed Sep 19, 2012 1:31 pm
Forum: Investing - Theory, News & General
Topic: Will Your (TSM) Equity Bet Pay Off?
Replies: 222
Views: 12736

Re: Will Your (TSM) Equity Bet Pay Off?

Of course the market has exposure to small and value. By definition this amount of exposure is set at coefficient of 0, the neutral weight. You say we have to make “decisions” every day. The market does make that decision every day. Why do you think the market's choice is wrong? Do you think the mar...
by Trebor
Wed Sep 19, 2012 12:52 pm
Forum: Investing - Theory, News & General
Topic: Will Your (TSM) Equity Bet Pay Off?
Replies: 222
Views: 12736

Re: Will Your (TSM) Equity Bet Pay Off?

“We know that portfolio returns are a function of 3 distinct factors, or "decisions": Your overall split between stocks and bonds (ignoring bond term/credit for the sake of this post), as well as your mix of small vs. large and value vs. growth stocks. Yet many investors seem willing to be...
by Trebor
Fri Jul 06, 2012 11:33 am
Forum: Investing - Theory, News & General
Topic: Bonds, the emperor has no clothes.
Replies: 53
Views: 6796

Re: Bonds, the emperor has no clothes.

555 wrote:OP, could you explain? Where is the misrepresentation? Where is the fraud?


No fraud.
by Trebor
Fri Jul 06, 2012 11:31 am
Forum: Investing - Theory, News & General
Topic: Bonds, the emperor has no clothes.
Replies: 53
Views: 6796

Re: Bonds, the emperor has no clothes.

“Going to cash is a tricky business. You have to time it correctly twice. Getting out, and getting back in.” Yep. The question is if the small amount of extra yield is even worth the duration risk. How much will you lose going forward depends on how long yields stay depressed. In the short run, the...
by Trebor
Fri Jul 06, 2012 10:12 am
Forum: Investing - Theory, News & General
Topic: Bonds, the emperor has no clothes.
Replies: 53
Views: 6796

Re: Bonds, the emperor has no clothes.

“Staying in cash isn't very good because it has an expected return below inflation these days.” The bond yield is so flat. Is the small extra yield worth the duration risk? “Your entire post seems to be based off the above statement. What is your source, or reason for believing that this statement i...
by Trebor
Fri Jul 06, 2012 6:57 am
Forum: Investing - Theory, News & General
Topic: Bonds, the emperor has no clothes.
Replies: 53
Views: 6796

Bonds, the emperor has no clothes.

Bonds, the emperor has no clothes. Bonds are now an asset class with zero expected real return at best. Without actually saying it because we all know we can’t market time, I think this is the fact that is underlying most of the recent questions regarding asset allocation lately. All returns are rel...
by Trebor
Fri Mar 23, 2012 3:42 am
Forum: Investing - Theory, News & General
Topic: from nisiprius, a 'greatest post' in case you missed it
Replies: 147
Views: 15509

Re: from nisiprius, a 'greatest post' in case you missed it

To paraphrase things I remember reading... If you are young with small net worth, owning equities and shooting the moon is a good idea likely. If it works out you can make a huge difference. If it doesn't, not much harm can come. You might get the monkey off your back. If it doesn't work out then yo...
by Trebor
Wed Mar 07, 2012 10:30 am
Forum: Investing - Theory, News & General
Topic: My “Aha!” Moment in Investing
Replies: 94
Views: 10116

Re: My “Aha!” Moment in Investing

I had a gradual transition leading up to a clear distinct aha moment, a true epiphany. I am not sure how, but I had gradually started reading books about indexing. Somehow, I found the old diehards forum. I remember being very excited when I realized the actual authors of books I was reading (Mr Fer...
by Trebor
Thu Mar 01, 2012 1:58 pm
Forum: Investing - Theory, News & General
Topic: Do you have a portfolio "floor"?
Replies: 50
Views: 4074

Re: Do you have a portfolio "floor"?

The wizard wrote " You didn't say your age or AA, but younger folks who are 70/30 might indeed have some difficulty if stocks fall 50%. Take a $100K portfolio with $70K stocks, $30K bonds. Stocks drop 50% overnight and you only have $35K stocks. Move $10K from bonds --> stocks and you're back c...
by Trebor
Thu Mar 01, 2012 12:28 pm
Forum: Investing - Theory, News & General
Topic: Do you have a portfolio "floor"?
Replies: 50
Views: 4074

Re: Do you have a portfolio "floor"?

Hmm, I do not have a floor in the sense of bailing on stocks I already own. 2008 confirmed that for me. I am stubborn that way. I do have a floor in my ability to keep rebalancing into stocks in a severe drop. In 2008 drop, I just about reached the limits of my ability to continue to rebalance. 2008...
by Trebor
Tue Feb 28, 2012 11:16 am
Forum: Investing - Theory, News & General
Topic: The Total Economy Portfolio
Replies: 161
Views: 21920

Re: The Total Economy Portfolio

To say we are all investing in the total economy because everything is connected is like saying my driveway is part of the Interstate. This made me laugh. Thanks. It is hoped small value will deliver higher risk adjusted returns. This article is one rational to justify a tilt. Of course the total e...
by Trebor
Mon Feb 27, 2012 6:00 am
Forum: Investing - Help with Personal Investments
Topic: Vanguard Fees vs. TSP Fees
Replies: 21
Views: 10296

Re: Vanguard Fees vs. TSP Fees

randomwalk wrote:Here's a good take on why a Roth 401(k) usually doesn't make sense; the same reasoning should apply to a Roth TSP:

http://thefinancebuff.com/case-against-roth-401k.html

Nicely done.
by Trebor
Mon Feb 27, 2012 5:42 am
Forum: Personal Finance (Not Investing)
Topic: Will We Go Out Having Saved Too Much?
Replies: 29
Views: 3459

Re: Will We Go Out Having Saved Too Much?

mac808 wrote:The total peace of mind that financial independence brings is worth more to me than any material possessions.


Exactly! The fact you die with something does not mean it did not buy you anything. You bought financial independence and freedom. Not much more I would want to buy.
by Trebor
Mon Feb 20, 2012 11:51 am
Forum: Investing - Help with Personal Investments
Topic: All Vanguard accounts under one login?
Replies: 64
Views: 6583

Re: All Vanguard accounts under one login?

Thanks. I did not know about that. Great help.
by Trebor
Sat Feb 18, 2012 12:25 am
Forum: Investing - Theory, News & General
Topic: "Can you sum-up your investing philosophy in 10 words?"
Replies: 120
Views: 8492

Re: "Can you sum-up your investing philosophy in 10 words?"

There is no such thing as a free lunch.
by Trebor
Tue Jan 24, 2012 9:57 am
Forum: Investing - Theory, News & General
Topic: What is the single most important investing belief?
Replies: 128
Views: 10588

Re: What is the single most important investing belief?

"What matters most is the amount of money that is put away." I don’t view it as “saving.” I view it as “buying” independence and freedom. This mental shift has worked well for me. “Stay the course” “Discipline” Only time will tell how well this works out for me. Discipline requires having...
by Trebor
Mon Jan 23, 2012 9:19 pm
Forum: Investing - Theory, News & General
Topic: Pat Regnier: "My brilliant sell-everything trade"
Replies: 25
Views: 2587

Re: Pat Regnier: "My brilliant sell-everything trade"

I enjoyed the article. The author sounds well versed in "Boglehead" ways. As this article demonstrates, buy and hold is an easy strategy in theory and very difficult in actual practice. As your nest egg become just close to large enough, the consequences of a bad outcome become much greate...
by Trebor
Mon Jan 23, 2012 8:22 pm
Forum: Investing - Theory, News & General
Topic: Jim O'Neill on Charlie Rose
Replies: 5
Views: 840

Re: Jim O'Neill on Charlie Rose

Thanks. I enjoyed that. He has an overall positive outlook. It was fun to hear. :)
by Trebor
Thu Sep 29, 2011 11:24 am
Forum: Investing - Help with Personal Investments
Topic: online or broker
Replies: 3
Views: 574

Taylor, thanks for your positive encouragement. I went ahead and placed the trade myself. It is nice to take this opportunity to simplify my portfolio more to my liking.
by Trebor
Thu Sep 29, 2011 9:27 am
Forum: Investing - Help with Personal Investments
Topic: online or broker
Replies: 3
Views: 574

online or broker

Given the recent downturn, I am considering using the market drop to "tidy" up and simplify my portfolio without the cost of capital gains. For me, this is more to simplify than to realize any tax loss. I am considering making a relatively large (for me) exchange from one etf (veu) to a si...
by Trebor
Fri Jul 29, 2011 4:47 am
Forum: Personal Finance (Not Investing)
Topic: Malthusians & Cornucopians: the Ehrlich-Simon Bet
Replies: 45
Views: 3357

Who knows exactly what the future will bring? "Fusion power is believed to have significant safety advantages over current power stations based on nuclear fission. Fusion only takes place under very limited and controlled circumstances (by comparison fission, including catastrophic failure, onl...
by Trebor
Wed Jun 29, 2011 11:16 am
Forum: Investing - Theory, News & General
Topic: Treasury Market Sell Off
Replies: 128
Views: 11636

I wish I knew. In the end you have to diversify and pick a strategy that you can live with even if you best guess turns out to be completely wrong. While it is true that increased interest rates will help to make up for the drop in bond prices over time, you cannot forget the lost opportunity cost. ...
by Trebor
Fri Jun 17, 2011 2:49 pm
Forum: Personal Finance (Not Investing)
Topic: At what age does it go downhill
Replies: 140
Views: 18576

"There is still no cure for the common birthday."


Time keeps on slipping into the future. Little bit each day, but the wheels probablly really start to come off in your 80's. Attitude is everything.
by Trebor
Fri Jun 10, 2011 8:14 am
Forum: Investing - Theory, News & General
Topic: Launch of New Fidelity Index Mutual Funds
Replies: 127
Views: 24395

Good news.

For those with retirement plans based on fidelity funds, this is a plus. Fidelity responds to competition from Vanguard. Thanks.
by Trebor
Thu Jun 09, 2011 10:49 am
Forum: Investing - Theory, News & General
Topic: Bill Gross: Seek investments outside US, dividends
Replies: 18
Views: 1756

Random thoughts At one end of the spectrum you can have stable principal and fluctuating monthly payment (cash). At the other end of the spectrum you can have a bond with a fluctuating principal and a stable monthly payment (long term bond). While it is true that you can always hold a bond to maturi...
by Trebor
Thu Mar 17, 2011 1:17 pm
Forum: Personal Finance (Not Investing)
Topic: Disability Insurance -- for a "thinking" job
Replies: 224
Views: 28367

I have a theoretical question. Assume you have private disability insurance that pays a certain dollar amount and also have group disability insurance for a separate certain dollar amount. The latter was only added as a benefit later in time. Will both policies pay off or will they argue over who pa...
by Trebor
Thu Mar 10, 2011 3:26 pm
Forum: Personal Finance (Not Investing)
Topic: life insurance: Whole Vs term?
Replies: 150
Views: 16129

“Trebor, I don't care about your opinion.” You hurt my feelings.. NOT ..smiles But on that note, I know these threads never end. I am more than willing to let the whole life salesmen have the last word. Besides, some proponents in this thread seem to be doing a good enough job hanging themselves…but...
by Trebor
Thu Mar 10, 2011 7:56 am
Forum: Personal Finance (Not Investing)
Topic: life insurance: Whole Vs term?
Replies: 150
Views: 16129

Onceanddone, I recognize that there are a few legitimate purposes for whole life. In my opinion, they are so few and far between to be meaningless. The reality is whole life insurance is granted at least a tax deferred status from the federal government. If held to death, like term insurance, the de...
by Trebor
Wed Mar 09, 2011 10:19 pm
Forum: Personal Finance (Not Investing)
Topic: life insurance: Whole Vs term?
Replies: 150
Views: 16129

Laughing so much…and then feels sad. However, unlike 401k that pays taxes on every dollar withdrawn, there is no taxation on life insurance until the cost basis has been reached. The 401k has pretax dollars. Your life insurance policy uses after tax dollars. As you probably know, all of the proceed...
by Trebor
Tue Mar 08, 2011 3:17 pm
Forum: Personal Finance (Not Investing)
Topic: life insurance: Whole Vs term?
Replies: 150
Views: 16129

I am not an agent but will share this.

"About 17% of whole life consumers cancel within the first two years, according to the American Council of Life Insurance in Washington."

http://www.latimes.com/la-insure101-sto ... 4597.story

I have also read but cannot verify that 1/2 of all policies are cancelled by year 7.
by Trebor
Tue Mar 08, 2011 10:35 am
Forum: Personal Finance (Not Investing)
Topic: life insurance: Whole Vs term?
Replies: 150
Views: 16129

1. You pay no Federal, State, or Local income taxes on your savings before you retire. When you cancel the policy, aren’t taxes due on the gains? 2. Your savings are totally liquid and available for you to use at any time towards expenditures or investments. I would disagree. Of course there are con...
by Trebor
Wed Mar 02, 2011 10:51 am
Forum: Investing - Theory, News & General
Topic: Does it make sense to drive a car into the ground?
Replies: 56
Views: 10544

11 and 8 year old cars for me. The buying and selling process is so painful for me. I always feel like I never get the deal I should. Avoiding the buying and selling process is a large part of my desire to drive them into the ground. Luckily, cars have never been a thrill item for me. Just dont mean...
by Trebor
Fri Feb 18, 2011 11:39 am
Forum: Investing - Theory, News & General
Topic: Playing to Win
Replies: 108
Views: 9407

I think your friend showed some level of insight. He is essentially correct. For him, the problem is that in trying to play a “winners” game he will likely find he is playing a “loser’s” game. He will learn when he is ready to hear. Until then, you waste your breath. From 1975 The loser's game by El...
by Trebor
Wed Feb 16, 2011 12:38 pm
Forum: Investing - Theory, News & General
Topic: If stocks have positive real returns, why not use leverage?
Replies: 42
Views: 4235

Just Say No

Don't look for shortcuts.
by Trebor
Fri Feb 04, 2011 9:43 am
Forum: Investing - Theory, News & General
Topic: Bogle, Bernstein, Schultheis, and 60/40
Replies: 58
Views: 10091

m 60/40 soultion by peter bernstein, one of my favorites....of course after he wrote this, he came out and said people should vary their allocation. Nothing is as easy as seems. It is an individual choice. Sometimes we pretend to arrive at our allocation based on underlying "science". In r...