Search found 4971 matches

by protagonist
Wed Jan 31, 2018 10:52 pm
Forum: Investing - Theory, News & General
Topic: Small Value Premium - How Do You View It?
Replies: 94
Views: 6490

Re: Small Value Premium - How Do You View It?

I view the small cap premium to be real based on many DECADES of data showing it outperforms large and mid cap. yarnandthread: It is dangerous to rely on past performance to forecast future performance. Not so many years ago, small-cap funds/factors were doing well and heavily promoted by the indus...
by protagonist
Wed Jan 31, 2018 10:49 pm
Forum: Investing - Theory, News & General
Topic: Small Value Premium - How Do You View It?
Replies: 94
Views: 6490

Re: Small Value Premium - How Do You View It?

...Example: Why would most people still argue that stocks over the long term will outperform cash going forward? Why? Decades of data... No. Not because of "decades of data." I would argue that stocks over the long term will outperform cash because cash is designed to be a fairly stable store of va...
by protagonist
Wed Jan 31, 2018 10:28 pm
Forum: Personal Consumer Issues
Topic: Frequent Flier Miles 101
Replies: 53
Views: 4524

Re: Frequent Flier Miles 101

If you’re someone who can go with the flow then rewards points are great. If you’re someone that has to travel on exactly X day, to Y location, and stay at Z hotel, you will be less frustrated with cashback. Not really. Because all the bang for the buck is in the signup promotions, not in the day-t...
by protagonist
Wed Jan 31, 2018 8:15 pm
Forum: Personal Finance (Not Investing)
Topic: Change in "career", PA or Optometry?
Replies: 79
Views: 6245

Re: Change in "career", PA or Optometry?

Hello all, I am at a point in my life where I want to begin a rewarding journey for myself and I want to pursue a medical position as a career. I would appreciate some insight and any words of advice would be much appreciated. PA or Optometry? I am looking more into Optometry right now because it f...
by protagonist
Wed Jan 31, 2018 8:04 pm
Forum: Personal Consumer Issues
Topic: Frequent Flier Miles 101
Replies: 53
Views: 4524

Re: Frequent Flier Miles 101

If you’re someone who can go with the flow then rewards points are great. If you’re someone that has to travel on exactly X day, to Y location, and stay at Z hotel, you will be less frustrated with cashback. Not really. Because all the bang for the buck is in the signup promotions, not in the day-t...
by protagonist
Wed Jan 31, 2018 7:45 pm
Forum: Investing - Theory, News & General
Topic: Small Value Premium - How Do You View It?
Replies: 94
Views: 6490

Re: Small Value Premium - How Do You View It?

I view the small cap premium to be real based on many DECADES of data showing it outperforms large and mid cap. 1) Please correct your verb tense: you meant to say "many decades of data showing it has outperformed large and mid cap." 2) Why do you think "many decades" are conclusive? How many decad...
by protagonist
Wed Jan 31, 2018 6:18 pm
Forum: Investing - Theory, News & General
Topic: The Power of Working Longer
Replies: 77
Views: 9093

Re: The Power of Working Longer

FWIW, results of a 2013 Gallup poll: "U.S. retirees are consistently more likely than nonretirees to report having enough money to live comfortably. Keep in mind that those have decided to retiree (i.e. retirees) are more likely to be comfortable with their finances than those who have not decided ...
by protagonist
Tue Jan 30, 2018 9:59 pm
Forum: Investing - Theory, News & General
Topic: The Power of Working Longer
Replies: 77
Views: 9093

Re: The Power of Working Longer

FWIW, results of a 2013 Gallup poll: "U.S. retirees are consistently more likely than nonretirees to report having enough money to live comfortably. Keep in mind that those have decided to retiree (i.e. retirees) are more likely to be comfortable with their finances than those who have not decided ...
by protagonist
Tue Jan 30, 2018 9:53 pm
Forum: Investing - Theory, News & General
Topic: The Power of Working Longer
Replies: 77
Views: 9093

Re: The Power of Working Longer

You still need to have a baseline amount of money to be able to make this decision. Here's how to get there: Importance of saving early The authors' model is defined by differences to the life-cycle model. For those who may need a refresher, the wiki has some background info: Life-cycle finance Sav...
by protagonist
Tue Jan 30, 2018 9:34 pm
Forum: Investing - Theory, News & General
Topic: The Power of Working Longer
Replies: 77
Views: 9093

Re: The Power of Working Longer

FWIW, results of a 2013 Gallup poll: "U.S. retirees are consistently more likely than nonretirees to report having enough money to live comfortably. This year, 75% of retirees versus 67% of nonretirees say they are financially comfortable right now. Since 2002, the average gap has been 10 percentage...
by protagonist
Tue Jan 30, 2018 9:17 pm
Forum: Investing - Theory, News & General
Topic: The Power of Working Longer
Replies: 77
Views: 9093

Re: The Power of Working Longer

It's actually improved a bit since last year when I looked at it the last time. The median net worth for 65-69 year olds is now $210k (including home equity), which isn't surprising given the performance of the stock market and the general economic condition. Still, that group and those were fewer ...
by protagonist
Thu Jan 25, 2018 11:13 pm
Forum: Investing - Theory, News & General
Topic: The Power of Working Longer
Replies: 77
Views: 9093

Re: The Power of Working Longer

Agreed, I had a post locked on here just last week where I pointed out an article showing that pooling suggests only 31% of us housholds could afford a single suprise $1000 bill. It makes me some time wonder just how much of a bubble we in boggelheads are living. I'm planning on saving and retiring...
by protagonist
Thu Jan 25, 2018 10:11 am
Forum: Personal Finance (Not Investing)
Topic: Help with restricted application for SS benefits
Replies: 2
Views: 283

Re: Help with restricted application for SS benefits

ChrisC wrote:
Wed Jan 24, 2018 4:40 pm
viewtopic.php?f=2&t=225624#p3491421.

Thank you for this, Chris!

I don't know how I missed it.
by protagonist
Thu Jan 25, 2018 10:10 am
Forum: Personal Finance (Not Investing)
Topic: Filing Restricted SS Application - Language Check
Replies: 20
Views: 1478

Re: Filing Restricted SS Application - Language Check

The process seems anything BUT foolproof. I received wrong information from a phone rep. viewtopic.php?f=2&t=219220&hilit=spousal+benefits . I also saw multiple posts online of others who received wrong info from phone reps and in person at their local SSA office, such as this person's blog. https:/...
by protagonist
Wed Jan 24, 2018 4:29 pm
Forum: Personal Finance (Not Investing)
Topic: Help with restricted application for SS benefits
Replies: 2
Views: 283

Help with restricted application for SS benefits

I am now nearing full retirement age (66) and started filling out the application to collect ex-spousal benefits. My situation is outlined in this thread that I started last May : https://www.bogleheads.org/forum/viewtopic.php?f=2&t=219220&hilit=spousal+benefits At the time I was given what I believ...
by protagonist
Wed Jan 24, 2018 10:42 am
Forum: Investing - Theory, News & General
Topic: What's your one big takeaway from the Crash of 2008?
Replies: 379
Views: 62350

Re: What's your one big takeaway from the Crash of 2008?

tennisplyr wrote:
Tue Jan 23, 2018 7:59 pm
Time heals all wounds.
In the case of the middle ages it took well over a millenium in Europe, but I suppose that is ultimately true.
by protagonist
Wed Jan 24, 2018 10:32 am
Forum: Investing - Theory, News & General
Topic: What's your one big takeaway from the Crash of 2008?
Replies: 379
Views: 62350

Re: What's your one big takeaway from the Crash of 2008?

4. Buying when things are tanking is hard to do. I didn’t sell, but I didn’t buy either. People beat themselves up for that, as if they made an error. We had no idea in 2008-9 how things would sort themselves out. There was real fear of potential stagflation, Japan-like scenario, depression, runawa...
by protagonist
Wed Jan 24, 2018 10:07 am
Forum: Personal Finance (Not Investing)
Topic: Cost of living comparison (HCOL vs LCOL)
Replies: 85
Views: 5940

Re: Cost of living comparison (HCOL vs LCOL)

Over short time periods housing markets go up and go down but in HCOL areas the long term trend has been up while in LCOL areas the long term trend is mostly flat. https://www.economist.com/blogs/graphicdetail/2016/08/daily-chart-20 Yes, Boston, NYC, San Francisco, and LA seem to go perpetually up,...
by protagonist
Tue Jan 23, 2018 7:04 pm
Forum: Personal Finance (Not Investing)
Topic: Cost of living comparison (HCOL vs LCOL)
Replies: 85
Views: 5940

Re: Cost of living comparison (HCOL vs LCOL)

Personally, I feel like if one can afford it, one should live where one wants to live and bite the bullet. If you love the LCOL area more than where you are now, move there. If you love your current location and job, stay put. Otherwise you are letting the tail wag the dog. I think there are great a...
by protagonist
Tue Jan 23, 2018 12:59 am
Forum: Investing - Help with Personal Investments
Topic: Am I being greedy?
Replies: 51
Views: 6075

Re: Am I being greedy?

I used to kayak with an olympic level kayaker. One time, when we were scouting a class 5 rapid, I asked him if he thought I might die if I tried running it. His reply was "If you think you might die, you probably will." Wise advice. If you think you might be greedy, you probably are. (btw, I just n...
by protagonist
Mon Jan 22, 2018 10:47 pm
Forum: Investing - Theory, News & General
Topic: The Power of Working Longer
Replies: 77
Views: 9093

Re: The Power of Working Longer

Ok fair enough. Being completely honest about it, that sounds about right to me though. One extra percent saved requires the slightest of living standard adjustment, and to know that buys me 3-6 months of freedom. If anything that validates my choice to have saved a lot. So if you save 10% more tha...
by protagonist
Mon Jan 22, 2018 10:40 pm
Forum: Investing - Theory, News & General
Topic: Small Value Premium - How Do You View It?
Replies: 94
Views: 6490

Re: Small Value Premium - How Do You View It?

How do you look at the Small Value Premium? - Negative: It's just random luck or an anomaly that it outperformed in the past. Large cap companies are more proven and deserve their heavier market weight status in Total Stock Market Index Fund. / Neutral: Believe in it somewhat but I will just tilt t...
by protagonist
Mon Jan 22, 2018 10:35 pm
Forum: Investing - Help with Personal Investments
Topic: Am I being greedy?
Replies: 51
Views: 6075

Re: Am I being greedy?

I used to kayak with an olympic level kayaker. One time, when we were scouting a class 5 rapid, I asked him if he thought I might die if I tried running it. His reply was "If you think you might die, you probably will." Wise advice. If you think you might be greedy, you probably are. (btw, I just no...
by protagonist
Mon Jan 22, 2018 10:19 pm
Forum: Investing - Theory, News & General
Topic: What's your one big takeaway from the Crash of 2008?
Replies: 379
Views: 62350

Re: What's your one big takeaway from the Crash of 2008?

By the way, I just noticed that this thread was started in 2008. I didn't know about this forum in 2008. I wish I did.

What I find very interesting is comparing the posts made at the time of the crash with the posts people (in some cases, the same people) are making now.
by protagonist
Mon Jan 22, 2018 10:05 pm
Forum: Investing - Theory, News & General
Topic: What's your one big takeaway from the Crash of 2008?
Replies: 379
Views: 62350

Re: What's your one big takeaway from the Crash of 2008?

Keep enough money in safe investments (mostly CDs in my case) to pretty much insure making it through retirement without significant pain if the market drops 99% and does not recover while I am still alive. Leave the rest to gamble in the market without having to worry about what happens to it, sinc...
by protagonist
Mon Jan 22, 2018 9:51 pm
Forum: Personal Consumer Issues
Topic: Xfinity Mobile
Replies: 96
Views: 11354

Re: Xfinity Mobile

Just a tip (yes, I know it's pretty obvious but...): I find it very useful to have a second line with a different number. I use that number whenever I need to give somebody my phone number, and may want one call from them but no more. When I recently bought a car I used the second line (the $1 LG Ch...
by protagonist
Tue Jan 16, 2018 12:40 am
Forum: Personal Consumer Issues
Topic: wild bird feed
Replies: 43
Views: 1918

Re: wild bird feed

OP.... Motivated by this thread, I just found the following forum on the internet: http://www.birdforum.net/index.php Though Bogleheads has become the go-to forum for many people for solving all their problems (financial, personal, philosophical, scientific, whatev), the above forum is more speciali...
by protagonist
Sun Jan 14, 2018 3:46 pm
Forum: Investing - Theory, News & General
Topic: Study: The Rate of Return on Everything, 1870-2015
Replies: 107
Views: 18561

Re: Study: The Rate of Return on Everything, 1870-2015

I can't argue with the logic of any of what I read above, regarding why the USA will remain pre-eminent and prosperous. All good arguments. The problem is, however, that there are so many possibilities in the world, that it is easy to come up with a convincing argument to support just about any rea...
by protagonist
Thu Jan 11, 2018 6:38 pm
Forum: Personal Finance (Not Investing)
Topic: A half year at full pay or a full year at half pay?
Replies: 49
Views: 4792

Re: A half year off at full pay or a full year off at half pay?

Are we crazy to consider taking a year? What other factors should we consider? Please help us think this through this in a boglehead-ish way! -UlH No , you would be crazy to consider taking a half year instead. Time is the most valuable thing we have, and we don't have much of it. ps...Not to derai...
by protagonist
Thu Jan 11, 2018 6:34 pm
Forum: Personal Consumer Issues
Topic: wild bird feed
Replies: 43
Views: 1918

Re: wild bird feed

Jadedfalcons Not to hijack the thread, but what do you recommend to feed the squirrels? Thanks, Ace My experience is try to feed the birds and you will be feeding the squirrels. One just got in my roof and chewed a silver dollar sized hole in the ceiling of my music studio. Be careful what you wish...
by protagonist
Thu Jan 11, 2018 6:32 pm
Forum: Personal Consumer Issues
Topic: wild bird feed
Replies: 43
Views: 1918

Re: wild bird feed

For some reason, this year 80-90% of my visitors seem to be sparrows. I don't have an explanation for the sudden decline in species diversity. Perhaps somebody else can solve that mystery for me. Or at least guess since I have no clue. That is what Bogleheads is for. Maybe someone else in the neigh...
by protagonist
Thu Jan 11, 2018 6:23 pm
Forum: Personal Finance (Not Investing)
Topic: How do you define middle class? Which class do you consider yourself in?
Replies: 23
Views: 2248

Re: How do you define middle class? Which class do you consider yourself in?

Personally, I see no merit in talking about "class". Everybody either thinks they are "poor" or "middle class". Even people in the top 1% of income say they are "middle class". +1 Interesting, isn't it? In another post I defined "rich" as anybody making significantly more money than the person doin...
by protagonist
Thu Jan 11, 2018 6:17 pm
Forum: Personal Consumer Issues
Topic: wild bird feed
Replies: 43
Views: 1918

Re: wild bird feed

The owner of the Birdfeeder Store in My Fair City advised me to just use suet and black sunflower seeds...like people stated above, she says most birds like it and the suet is good energy food in the winter. I'm interested to see if others agree with this. So far it seems like they do. In prior year...
by protagonist
Thu Jan 11, 2018 6:08 pm
Forum: Personal Finance (Not Investing)
Topic: Company Sponsored Financial Wellness Program
Replies: 6
Views: 577

Re: Company Sponsored Financial Wellness Program

Caveat emptor.

If you frequent this forum, and given your original post, I assume you could probably go, and have enough sense to know what is information and what is propaganda.

And anywow, you could always run any ideas they give you by the folks here for impressions before you buy in.
by protagonist
Thu Jan 11, 2018 6:04 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 2406
Views: 451943

Re: What's Your Credit Card Rewards Strategy?

Chase Freedom includes internet/cable/phone services this quarter. Is there any reason not to prepay $1500 today on those? Interesting approach. That would be a lot of advance payment in my case, but I suppose $500 isn't a bad idea. The problem is I have little faith in Comcast/Xfinity and I would ...
by protagonist
Thu Jan 11, 2018 1:13 am
Forum: Investing - Help with Personal Investments
Topic: Goodbye Capital One 360!!
Replies: 56
Views: 8284

Re: Goodbye Capital One 360!!

The only thing I see at the moment that kinda stinks is that Capital One's MM account is at 1.3% whereas Ally is at .90%. It appears at quick glance that just putting the money in Ally's no penalty CD seems the best way to go as I just will be using them as an online savings account anyway. Any wor...
by protagonist
Tue Jan 09, 2018 2:39 pm
Forum: Investing - Theory, News & General
Topic: "6 Reasons The Rich Should Pay-Off Their Mortgage"
Replies: 126
Views: 21094

Re: "6 Reasons The Rich Should Pay-Off Their Mortgage"

The best reason I can think of is that it feels so good . Regardless of whether or not you are "rich". IMHO, that is worth its weight in gold. ' I am told doing crack also feels really good. I don't think that is a good reason to do it.:) There are solid risk reductions reasons to pay off the mortg...
by protagonist
Tue Jan 09, 2018 2:31 pm
Forum: Investing - Theory, News & General
Topic: Year 2000 retirees using the '4% rule' - Where are they now?
Replies: 354
Views: 34928

Re: Year 2000 retirees using the '4% rule' - Where are they now?

I bet a lot of retirees had most/all of their money in Wellington, so I don’t think it’s worth calling 60/40 hindsight bias. In fact, I bet Wellington did better than 60/40 TSM/TBM. Maybe some people had Wellesley or Wellington. But I don't recall the SWR folks recommending them. That's why these q...
by protagonist
Tue Jan 09, 2018 2:15 pm
Forum: Investing - Theory, News & General
Topic: "6 Reasons The Rich Should Pay-Off Their Mortgage"
Replies: 126
Views: 21094

Re: "6 Reasons The Rich Should Pay-Off Their Mortgage"

The best reason I can think of is that it feels so good . Regardless of whether or not you are "rich". IMHO, that is worth its weight in gold. ' I am told doing crack also feels really good. I don't think that is a good reason to do it.:) There are solid risk reductions reasons to pay off the mortg...
by protagonist
Tue Jan 09, 2018 2:09 pm
Forum: Investing - Theory, News & General
Topic: "6 Reasons The Rich Should Pay-Off Their Mortgage"
Replies: 126
Views: 21094

Re: "6 Reasons The Rich Should Pay-Off Their Mortgage"

The author suggests anyone with 6-figure income is "rich" or a "high-earner". I'd say $100k is barely getting by nowadays. By your criteria, 92% of Americans are barely getting by nowadays. By my criteria, being in the 92nd percentile or above in one of the richest countries in the world would defi...
by protagonist
Mon Jan 08, 2018 10:55 pm
Forum: Personal Consumer Issues
Topic: Anyone disenchanted with retirement?
Replies: 184
Views: 20108

Re: Anyone disenchanted with retirement?

I am very happy to hear successful retirement stories. But this "withdrawal and spending rate during retiment is zero" makes me think that I have to work many many more years to achieve that level of SWR. Knowing nothing of your financial situation, you have to realize that there are members of thi...
by protagonist
Mon Jan 08, 2018 10:31 pm
Forum: Personal Consumer Issues
Topic: Anyone disenchanted with retirement?
Replies: 184
Views: 20108

Re: Anyone disenchanted with retirement?

My informal polling suggests that around 10-15% of folks end up being not happy with retirement. Why is that? No doubt that individual situations differ, but an overly simplified way of looking at it is that having a plan is crucial. If your numbers are correct, my simple explanation is that at lea...
by protagonist
Mon Jan 08, 2018 10:24 pm
Forum: Personal Consumer Issues
Topic: The "Forever Home" Myth: Should I Plan on Buying 2 Homes?
Replies: 36
Views: 3408

Re: The "Forever Home" Myth: Should I Plan on Buying 2 Homes?

I'm 65. If you had a crystal ball in 1978, when I was 25, and could have described my life accurately today in 2018, I would have laughed hysterically and said "no way, charlatan!" In fact, if you did the same in 1998, when I was 45, I would still have laughed in your face. The future is....well.......
by protagonist
Mon Jan 08, 2018 10:12 pm
Forum: Investing - Theory, News & General
Topic: Hitting The Sell Button
Replies: 226
Views: 27165

Re: Hitting The Sell Button

Rebalancing is more work than I would like to do, and in a Japan-like scenario could be quite disconcerting to say the least.

I prefer keeping a safe bucket of money I might need in CD's, I-bonds and the like and gambling the rest in the market (index funds). It keeps me from riding a sea of worry.
by protagonist
Mon Jan 08, 2018 10:06 pm
Forum: Forum Issues and Administration
Topic: Misuse of adverse when averse was meant
Replies: 145
Views: 6073

Re: Misuse of adverse when averse was meant

The purpose of language is communication.

If what is said is interpreted as intended, the communication is successful.

I ain't kiddin' about this.
by protagonist
Mon Jan 08, 2018 9:59 pm
Forum: Personal Consumer Issues
Topic: Best Phone Plan for 1 person
Replies: 86
Views: 3829

Re: Best Phone Plan for 1 person

As much as I loathe Xfinity/Comcast, they offer a great plan for one who does not use much data- up to 5 phones, Verizon network, you pay a total of $12 /month per gigabyte, no commitment, phones can be unlocked anytime . There are a few catches: - You have to have an Xfinity/Comcast home internet p...
by protagonist
Mon Jan 08, 2018 9:45 pm
Forum: Personal Consumer Issues
Topic: Car recommendations needed for growing family
Replies: 34
Views: 2103

Re: Car recommendations needed for growing family

Loyal Honda driver here.....but just bit the bullet and bought a Hyundai. I got a much better deal on it than I could negotiate for a similar model Honda or Toyota (Elantra Limited, which would not serve your purposes but I got it for about $7K below MSRP). So far, after 2 months of driving the car,...
by protagonist
Mon Jan 08, 2018 9:29 pm
Forum: Personal Consumer Issues
Topic: Debating which credit card to get for airline travel
Replies: 22
Views: 1306

Re: Debating which credit card to get for airline travel

I suggest that you visit this as well. www.thepointsguy.com Just do not click on any of the offers on that site without double checking that it's the highest available. It is notorious for not offering the best available offers and only hyping ones that provide the best kickback. A better resource ...
by protagonist
Mon Jan 08, 2018 9:24 pm
Forum: Investing - Theory, News & General
Topic: Year 2000 retirees using the '4% rule' - Where are they now?
Replies: 354
Views: 34928

Re: Year 2000 retirees using the '4% rule' - Where are they now?

And here are the actual portfolio values at the 16 year mark for all the years that were doing even worse than the Year 2000 person -- but still worked out fine. https://cdn-images-1.medium.com/max/800/1*Qrf3Um_DteE_WauvkIfG3A.png I'm curious, Joe, where you got those numbers....are they available ...
by protagonist
Mon Jan 08, 2018 9:17 pm
Forum: Investing - Theory, News & General
Topic: Year 2000 retirees using the '4% rule' - Where are they now?
Replies: 354
Views: 34928

Re: Year 2000 retirees using the '4% rule' - Where are they now?

This is interesting in the abstract, but I am not sure what relevance it has for people retiring today. The past 18 years have been quite interesting, with one of the worst crashes in modern history followed by one of the most lucrative bull markets in modern history. Certainly neither 9/11 nor the ...