Search found 6784 matches

by staythecourse
Tue Apr 23, 2019 8:24 pm
Forum: Investing - Theory, News & General
Topic: "S&P 500 Index closes at record high"
Replies: 101
Views: 6682

Re: "S&P 500 Index closes at record high"

Bogleheads: I started investing in 1950. The S&P 500 stocks were about 25 . Today the S&P 500 index closed at 2933 (not including dividends). If I had simply purchased the index stocks. and stayed-the-course , I would be much wealthier today. Experience is a very good teacher. Best wishes. Taylor T...
by staythecourse
Tue Apr 23, 2019 8:21 pm
Forum: Personal Investments
Topic: Techniques for doing NOTHING?
Replies: 43
Views: 3597

Re: Techniques for doing NOTHING?

My advice... if your single go out and date everyone around. If you are married go to the bar and get a drink. If you aren't interested in either go find a new hobby or sport to watch. The best way to stop an obsession (not necessarily a healthy approach though) is to find and start a new one. It ju...
by staythecourse
Tue Apr 23, 2019 8:17 pm
Forum: Investing - Theory, News & General
Topic: Most Insightful Charts
Replies: 30
Views: 2325

Re: Most Insightful Charts

I have found this one very interesting of late if one compares it to a time oriented view of ERP. If one looks at this data set it seems the entire ERP (stock returns over fixed income) comes from best 1% of all the trading days. That means if you miss that 1% it would have been better being in 100...
by staythecourse
Tue Apr 23, 2019 1:27 pm
Forum: Investing - Theory, News & General
Topic: Most Insightful Charts
Replies: 30
Views: 2325

Re: Most Insightful Charts

source: http://web.archive.org/web/20161110064941/http://vanguardblog.com/2011/10/28/stopping-the-silent-killer-of-returns/ https://i.postimg.cc/kX7VKT8k/Capture.jpg I have found this one very interesting of late if one compares it to a time oriented view of ERP. If one looks at this data set it se...
by staythecourse
Tue Apr 23, 2019 1:23 pm
Forum: Investing - Theory, News & General
Topic: Most Insightful Charts
Replies: 30
Views: 2325

Re: Most Insightful Charts

Don't worry about crashes, just keep investing! https://korvingco.files.wordpress.com/2015/11/bull-and-bear-markets.jpg Great chart and A LOT can be leaned of the charts outside of the purpose of the chart in the first place. For example, if one looks at the troughs it reiterates the old adage, "It...
by staythecourse
Mon Apr 22, 2019 9:25 am
Forum: Personal Finance (Not Investing)
Topic: 1st job as an MD- contract review
Replies: 16
Views: 2016

Re: 1st job as an MD- contract review

That said, I always strongly encouraged the candidate to have an attorney review the employment agreement so that the candidate clearly understood the arrangement. I was careful to explain: "Tell your attorney we don't change any agreements, so they understand they are not being hired to negotiate....
by staythecourse
Mon Apr 22, 2019 9:17 am
Forum: Investing - Theory, News & General
Topic: "Second-Grader Who Beat Wall Street -- A Decade Later"
Replies: 43
Views: 8590

Re: "Second-Grader Who Beat Wall Street -- A Decade Later"

This is my No. 1 book to recommend for folks who don't know anything about investing and don't have the time or interest in learning beyond the basics. His analogies are excellent in the original book for most folks since most folks financial literacy is the same as a second grader.

Good luck.
by staythecourse
Sun Apr 21, 2019 6:39 pm
Forum: Personal Finance (Not Investing)
Topic: 1st job as an MD- contract review
Replies: 16
Views: 2016

Re: 1st job as an MD- contract review

The most important for physician contracts are: 1. What is the notification period for termination without cause. America is an "at will" country so that means you can get fired for ANY reason outside of those few protected by the EEOC and ADA laws. So you will want to know how much time they have t...
by staythecourse
Sun Apr 21, 2019 1:43 pm
Forum: Investing - Theory, News & General
Topic: Why should stocks beat bonds in the long run?
Replies: 106
Views: 5921

Re: Why should stocks beat bonds in the long run?

Funny, I think there needs to be MORE of an explanation if you think bonds will produce the same or better then stocks not the other way around. Stocks expectation of out performance is just common sense. Expecting bonds to do have the same level of production is what you would have to justify. Good...
by staythecourse
Sun Apr 21, 2019 9:05 am
Forum: Personal Finance (Not Investing)
Topic: First Time Home Buyer Tips
Replies: 32
Views: 1936

Re: First Time Home Buyer Tips

Without getting into specifics on what they can afford, rates, etc. (I'm assuming they've already done this), No offense, I wouldn't assume this. If folks did there DD there wouldn't be so many problems with the housing industry. It can be as simple as first order thinking of: can we afford it or m...
by staythecourse
Sun Apr 21, 2019 7:52 am
Forum: Investing - Theory, News & General
Topic: The Fundamental Axioms / Laws / Principles of Investing
Replies: 30
Views: 1583

Re: The Fundamental Axioms / Laws / Principles of Investing

How can "Buy low sell high" be on the list? Do you have a crystal ball? I would say that is NOT an axiom and will say that type of thinking is what leads MANY into a lot of trouble. The biggest axiom of being a great investor is learning and accepting the market goes up, down and sideways for no rea...
by staythecourse
Sat Apr 20, 2019 4:37 pm
Forum: Personal Consumer Issues
Topic: Is Crown Molding Out-of-Style?
Replies: 46
Views: 4309

Re: Is Crown Molding Out-of-Style?

I think for traditional and maybe transitional it is okay. We built our house and designed it myself and didn't add it as we have a contemporary build and would have looked out of place. In my opinion, if your going to do it get some originality in the design. If it looks like the stuff they sell at...
by staythecourse
Sat Apr 20, 2019 4:08 pm
Forum: Investing - Theory, News & General
Topic: Market timers thread
Replies: 178
Views: 10369

Re: Market timers thread

However, for whatever reason, despite all the glaring evidence to the contrary, the self appointed guardians of this forum, immediately slap down anyone daring to point out that the earth is round. Everyone is entitled to their own opinion and beliefs, but you can't make a comment like that and not...
by staythecourse
Fri Apr 19, 2019 4:07 pm
Forum: Investing - Theory, News & General
Topic: Does 100% stocks make sense for very high net worth individuals
Replies: 126
Views: 12881

Re: Does 100% stocks make sense for very high net worth individuals

I would have no problem going 100% stocks if one is really high net worth. The issue is more why? Do you really want to give a bunch of money to your kids and think that is going to turn out well? I don't think (nor does anyone else of respect advocate) dropping a bunch of zeroes to your kids and a...
by staythecourse
Thu Apr 18, 2019 5:09 pm
Forum: Investing - Theory, News & General
Topic: Does 100% stocks make sense for very high net worth individuals
Replies: 126
Views: 12881

Re: Does 100% stocks make sense for very high net worth individuals

I would have no problem going 100% stocks if one is really high net worth. The issue is more why? Do you really want to give a bunch of money to your kids and think that is going to turn out well? I don't think (nor does anyone else of respect advocate) dropping a bunch of zeroes to your kids and as...
by staythecourse
Wed Apr 17, 2019 6:23 pm
Forum: Personal Investments
Topic: REIT's recent pullback
Replies: 14
Views: 1754

Re: REIT's recent pullback

Just curious how many of these experts were high on sticking with REITS last year when they were crummy? I think I was the only one on here still okay with 20% REIT allocation last year even though they stunk. As I explained then as I do now there is NO reason stuff goes up, down, or sideways in the...
by staythecourse
Tue Apr 16, 2019 6:25 pm
Forum: Personal Consumer Issues
Topic: Received wrong vaccine...
Replies: 34
Views: 2962

Re: Vaccine consent form allegedly forged...

<snip> Mistakes do happen. Erasing something a patient wrote on a consent form and writing something else is not a mistake. It is a deliberate action, and even if nearly inconsequential in this case (although it did incur a cost not agreed to), it might not be in others, so I'm not very keen on sim...
by staythecourse
Tue Apr 16, 2019 6:06 pm
Forum: Personal Consumer Issues
Topic: Received wrong vaccine...
Replies: 34
Views: 2962

Re: Vaccine consent form allegedly forged...

Not only is this wrong (if correct), but illegal. Personally, I would be contacting the state medical board and filing a complaint. A consent form is a LEGAL document and can not be altered. Luckily, it sounds like you have a copy of the original one signed so that eliminates a he/ she said situatio...
by staythecourse
Tue Apr 16, 2019 4:00 pm
Forum: Personal Finance (Not Investing)
Topic: Best option for child inheritance
Replies: 12
Views: 1068

Re: Best option for child inheritance

How do you know how much they put in 401k, Roth, or anything else? Do you get statements or is it on the honor system? I'm their financial manager, I have all access to their accounts. This child is one of those perfect people. If they were a perfect child why would they need a financial manager? W...
by staythecourse
Tue Apr 16, 2019 12:52 pm
Forum: Personal Finance (Not Investing)
Topic: Help needed thinking through issues re: child’s disability
Replies: 22
Views: 1854

Re: Help needed thinking through issues re: child’s disability

8. I wouldn't over invest in 529 plan until you figure out all the above. The account mentioned was a 529 able account, which I would over invest in. They have tremendous flexibility compared to purely educational 529 plans. I didn't even know those existed. Now I have to go do some reading. IN whi...
by staythecourse
Tue Apr 16, 2019 12:50 pm
Forum: Investing - Theory, News & General
Topic: Career Advice: Is active management really dying?
Replies: 28
Views: 3123

Re: Career Advice: Is active management really dying?

I would not equate being a financial advisor with engaging in active management. I agree 100%. I used to take offense when Dr. Bernstein himself said several years ago that most folks would benefit from FA. Now that I am older and seen more I would agree. Doesn't mean they have to be into active ma...
by staythecourse
Tue Apr 16, 2019 11:17 am
Forum: Personal Finance (Not Investing)
Topic: "When Adding to Your Retirement Account is a Bad Idea"
Replies: 29
Views: 3811

Re: "When Adding to Your Retirement Account is a Bad Idea"

There is nothing preventing one from saving in tax deferred 401k, retire early, rollover to trad. IRA and start converting to Roth. I do agree if one thinks about RMD being an issue then folks should think more seriously about retiring early or going part time and start converting to roth and not wa...
by staythecourse
Tue Apr 16, 2019 11:13 am
Forum: Personal Consumer Issues
Topic: What Are Your Simple Pleasures?
Replies: 101
Views: 5690

Re: What Are Your Simple Pleasures?

Easily spending time with my wife watching tv after the kids are asleep. Picking my kids up from school and seeing the smile on their faces.

Good luck.
by staythecourse
Tue Apr 16, 2019 9:49 am
Forum: Personal Consumer Issues
Topic: Anyone have a child model?
Replies: 42
Views: 4505

Re: Anyone have a child model?

DrGoogle2017 wrote:
Mon Apr 15, 2019 12:55 pm
Never emphasize looks.
Great advice at any age especially for women. It is already a visual world last thing you want to do is emphasize its worth from INSIDE the home.

Good luck.
by staythecourse
Tue Apr 16, 2019 9:33 am
Forum: Personal Finance (Not Investing)
Topic: How would you handle work situation?
Replies: 16
Views: 1370

Re: How would you handle work situation?

Why are you still there? It seems you immediate boss has not faith in your growth. He just doesn't want to lose another person which makes his life harder. They are not the same thing. If he hasn't promoted in last 6 years it may not be you, but him. Either way it doesn't matter as it won't work out...
by staythecourse
Mon Apr 15, 2019 11:14 pm
Forum: Personal Investments
Topic: One Fund Portfolio
Replies: 23
Views: 4699

Re: One Fund Portfolio

One Ping - Sorry for the delay in responding. No, I have not done anything as yet. Will be visiting our daughter, who is pretty financial savvy, later this month and will discuss with her how she would feel about counseling my spouse should I pass first (or me if I am the survivor and if/when I nee...
by staythecourse
Mon Apr 15, 2019 12:39 pm
Forum: Personal Finance (Not Investing)
Topic: How do 40 year olds decide what they can afford?
Replies: 85
Views: 9573

Re: How do 40 year olds decide what they can afford?

My wife and I are both 44 and have found that time is the most precious thing to us so we’re purchasing large amounts of it by not working too much. This allows us to spend a lot of time together as a family (I’m a teacher, my wife is a stay-at-home parent, and we have a four-year-old). If we reall...
by staythecourse
Mon Apr 15, 2019 11:33 am
Forum: Personal Consumer Issues
Topic: Anyone have a child model?
Replies: 42
Views: 4505

Re: Anyone have a child model?

Yes you are correct it is tax deferred and not tax free. HOWEVER, it is crazy you wouldn't want to take advantage of 60+ years of tax deferred growth. It is a great idea and my daughter will be happy I thought about. Vanguard VA have pretty low costs considering the are VA. Sorry, but it makes less...
by staythecourse
Sun Apr 14, 2019 11:26 pm
Forum: Personal Consumer Issues
Topic: Anyone have a child model?
Replies: 42
Views: 4505

Re: Anyone have a child model?

You don't need to have a kid making money just to open an IRA to execute the concept. I did for my baby (now 6) with a vanguard VA. It gives tax free growth until they take it out in retirement (60+ year from now). Mr. Clement used to write about this in his earlier days. Now 60+ years of growth is...
by staythecourse
Sun Apr 14, 2019 4:23 pm
Forum: Personal Finance (Not Investing)
Topic: Help needed thinking through issues re: child’s disability
Replies: 22
Views: 1854

Re: Help needed thinking through issues re: child’s disability

Hope other more experienced folks will chime in, but these are my first initial thoughts... 1. I would focus on getting the will and special needs trust set up. Agreed. Part of the issue is I’m trying to figure out and get educated on what I want to do, pitfalls, consensus views etc. For example, j...
by staythecourse
Sun Apr 14, 2019 4:18 pm
Forum: Personal Consumer Issues
Topic: Anyone have a child model?
Replies: 42
Views: 4505

Re: Anyone have a child model?

If your child can earn a few $K at a very young age and invest in a Roth IRA, it would be a lot of money down the road. $3K compounded at 7% for 70 years is $342K... Nope, try $4.6 million. TravelforFun You don't need to have a kid making money just to open an IRA to execute the concept. I did for ...
by staythecourse
Sun Apr 14, 2019 4:14 pm
Forum: Personal Consumer Issues
Topic: Anyone have a child model?
Replies: 42
Views: 4505

Re: Anyone have a child model?

A college buddy of mine has a business he runs 2 hrs every morning with his wife and several employees. That leaves him all day to ferry his kid around town for auditions. It was his 4 year olds idea to get into acting and modeling, so it began with a modeling class. The kid is also extremely talen...
by staythecourse
Sun Apr 14, 2019 12:35 pm
Forum: Personal Finance (Not Investing)
Topic: Help needed thinking through issues re: child’s disability
Replies: 22
Views: 1854

Re: Help needed thinking through issues re: child’s disability

Hello, My wife and I have adopted a very young child who has a permanent disability (think deaf / blind). Don’t believe there are cognitive issues but the disability alone will have a significant impact on his life, education, career, etc. We’ve been focusing on medical needs first but are now turn...
by staythecourse
Sun Apr 14, 2019 7:38 am
Forum: Personal Consumer Issues
Topic: Anyone have a child model?
Replies: 42
Views: 4505

Re: Anyone have a child model?

Right or wrong here is my opinion on child activities. Unless it gets you into college or pays you as a professional it is a hobby. So if they child likes it do it and if they don't don't. Since its a baby it is really a reflection of if YOU like it or not. You are the ones who will be doing all the...
by staythecourse
Sat Apr 13, 2019 6:00 pm
Forum: Investing - Theory, News & General
Topic: HEDGEFUNDIE's excellent adventure [risk parity strategy using 3x leveraged ETFs]
Replies: 1611
Views: 100416

Re: HEDGEFUNDIE's excellent adventure [risk parity strategy using 3x leveraged ETFs]

It's true that people that have high human capital (young with good careers as you mention) can afford to take high risks and potentially even lose 100% of their investment while still having a financially successful life (since most of their capital at that point in their life is human capital and...
by staythecourse
Sat Apr 13, 2019 1:07 pm
Forum: Personal Finance (Not Investing)
Topic: How to avoid throwing money at problems?
Replies: 62
Views: 4188

Re: How to avoid throwing money at problems?

It all has to do with what you think the purpose of money is in one's life? My view is not matter how many millions I accumulate I don't view it in terms of "Oh I can retire at x age" or "Oh I can travel first class or buy that Aston Martin". My view of having money is 1. Security of knowing you won...
by staythecourse
Sat Apr 13, 2019 9:17 am
Forum: Personal Consumer Issues
Topic: Ingenious Way To Find Reasonably Priced Painter
Replies: 57
Views: 6049

Re: Ingenious Way To Find Reasonably Priced Painter

I find most of my house work stuff through Angies List. It is free. Just log on and do a search and see the reviews. Many of them have "Big Deals" or something like that giving discounted pricing. Haven't had a bad experience yet on the site. When I find a good provider in a field (painting, electri...
by staythecourse
Fri Apr 12, 2019 10:22 pm
Forum: Personal Consumer Issues
Topic: Received wrong vaccine...
Replies: 34
Views: 2962

Re: Received wrong vaccine...

I just checked the summary paper of my last visit, and the doctor wrote he'd order Vaccine A, F and G (only A is CDC-recommended for my age group). Then I now got Vaccine A and E. It looks like it was just random... I'll try calling the clinic again, but it's hard to speak with the doctor without a...
by staythecourse
Fri Apr 12, 2019 10:19 pm
Forum: Personal Consumer Issues
Topic: Received wrong vaccine...
Replies: 34
Views: 2962

Re: Received wrong vaccine...

My personal experience working as a nursing aide in a hospital demonstrated to me many times that health care professionals are not competent and cannot be trusted. Well that is always mature painting with a wide brush. Just like whatever you do for a living there are competent and not competent fo...
by staythecourse
Fri Apr 12, 2019 10:14 pm
Forum: Personal Consumer Issues
Topic: Received wrong vaccine...
Replies: 34
Views: 2962

Re: Received wrong vaccine...

I think you should call and talk to the doctor about why he/she thought it was appropriate to give you a vaccine that you did NOT give consent to in the first place. If the consent is specific for A, B, C, and D and he gave E then that is illegal as you did not give consent. If that is how it really...
by staythecourse
Fri Apr 12, 2019 7:17 pm
Forum: Investing - Theory, News & General
Topic: Equity valuation and not caring
Replies: 50
Views: 3022

Re: Equity valuation and not caring

Since I just recently read the updated edition (Oct 2017) of Bogle's "Little Book of Common Sense Investing", I'll add Jack Bogle's take to the conversation here. I'm going from memory here, but he uses PE ratio to help develop reasonable expectations for equity returns going forward. In this way h...
by staythecourse
Fri Apr 12, 2019 6:58 pm
Forum: Personal Investments
Topic: What % bonds for early retirement
Replies: 41
Views: 3594

Re: What % bonds for early retirement

OP, 10 years of expense in the fixed income when you retired. This applies regardless of when you retire (early, late, or whenever). You take this number and translate into your AA depending on your portfolio size. KlangFool Agreed. This is how asset allocation should be done. It should be done bac...
by staythecourse
Fri Apr 12, 2019 6:44 pm
Forum: Personal Consumer Issues
Topic: Soon to be dad, how to prepare
Replies: 127
Views: 5951

Re: Soon to be dad, how to prepare

The pressure to breastfeed is absolutely ridiculous. Before you have the baby, look your wife in the eyes and tell her “honey, we will breastfeed if we can but if you can’t take it anymore or your milk goes away I am 100% behind formula and don’t worry about it”. I have seen absolutely wonderful mo...
by staythecourse
Fri Apr 12, 2019 6:39 pm
Forum: Investing - Theory, News & General
Topic: Equity valuation and not caring
Replies: 50
Views: 3022

Re: Equity valuation and not caring

A key Boglehead precept is “stay the course.” So I pay zero attention to P/Es and other technical measures. They are noise and don’t affect my behavior. What matters is that over the long run, stocks prices will rise. I don’t care what happens tomorrow or next month or next year. (I also don’t keep...
by staythecourse
Fri Apr 12, 2019 5:00 pm
Forum: Personal Consumer Issues
Topic: Soon to be dad, how to prepare
Replies: 127
Views: 5951

Re: Soon to be dad, how to prepare

It all depends on the personality of kid that comes out. Some sleep through the night soon, some are plagued by reoccurring ear infections and are nothing but cranky all the time. Absolutely agree. After having 2 totally different kids I have realized at a certain point (you provide food, shelter, ...
by staythecourse
Fri Apr 12, 2019 4:55 pm
Forum: Personal Consumer Issues
Topic: Soon to be dad, how to prepare
Replies: 127
Views: 5951

Re: Soon to be dad, how to prepare

One other thing - if you get in a situation where you're thinking about letting the baby sleep in the same bed with you, think very carefully about it. First off, it's just straight up dangerous when they are very small. But besides that, it's one of those habits that's really hard to break once yo...
by staythecourse
Fri Apr 12, 2019 4:45 pm
Forum: Personal Consumer Issues
Topic: Moving company lost an antique item
Replies: 22
Views: 2216

Re: Moving company lost an antique item

Shouldn't each big item be tagged? Are you sure it was loaded in the first place?

Losing a whole item I would think is rare unless it is forgotten to be loaded in the first place. Unless you got extra insurance you might find yourself in a pickle if it isn't found.

Good luck.
by staythecourse
Fri Apr 12, 2019 4:27 pm
Forum: Personal Consumer Issues
Topic: Soon to be dad, how to prepare
Replies: 127
Views: 5951

Re: Soon to be dad, how to prepare

I'll agree Britax is made like a piece of iron. Very safe seat, I've seen it first hand. Interesting. I thought baby/ child stuff is pretty well regulated and every product meets the same standards? Or is that minimum standards and you are saying Britax goes above those minimum standards? We had a ...
by staythecourse
Fri Apr 12, 2019 4:15 pm
Forum: Personal Consumer Issues
Topic: Soon to be dad, how to prepare
Replies: 127
Views: 5951

Re: Soon to be dad, how to prepare

8. Most important be VERY supportive to your wife. Mine had post partum depression and it was REALLY bad with our first. Even without it (for the second) the hormone changes that first 3-4 months postpartum makes them very vulnerable. This is huge and needs to be highlighted. My wife also had bad p...
by staythecourse
Fri Apr 12, 2019 2:41 pm
Forum: Investing - Theory, News & General
Topic: Selling all equities, discuss why I'm wrong. :)
Replies: 335
Views: 57585

Re: Selling all equities, discuss why I'm wrong. :)

yes, I agree. My decision is not turning out well. Hate to break it to you,, but likely that decision and the effect of it the last couple of years leading to a delta of 26% return difference will continue to compound going forward. That gap in return is only going to increase over time. Good luck....