Search found 5676 matches

by staythecourse
Thu Jul 19, 2018 2:39 pm
Forum: Investing - Theory, News & General
Topic: I may have understood why it's so hard to save and invest
Replies: 37
Views: 3192

Re: I may have understood why it's so hard to save and invest

Great thread for our younger investors. If you google around you will find a chart that shows the slope of a portfolio growth from 401k (which includes regular contributions). It shows very little growth for the first 10 years and explosive growth the last 10 years before retirement. So the issue ha...
by staythecourse
Wed Jul 18, 2018 8:51 am
Forum: Investing - Help with Personal Investments
Topic: How do you handle the urge to DO something?
Replies: 66
Views: 3819

Re: How do you handle the urge to DO something?

My answer... Just don't care. Seems you are too focused on wealth accumulation. The question is would you be tinkering if TSM was up 50% for the year? Probably not. When the market is just okay or down is when folks want to tinker as they are too focused on short term wealth accumulation. They like ...
by staythecourse
Sun Jul 15, 2018 10:13 am
Forum: Investing - Theory, News & General
Topic: How to determine weights within portfolio
Replies: 29
Views: 1396

Re: How to determine weights within portfolio

A reasonable portfolio is one that is well diversified, low cost and passive. The exact percentage of the underlying positions can’t be known, so you have to make a decision, but when you do it is one you should stick with unless new information comes to light that makes the previous portfolio null...
by staythecourse
Sat Jul 14, 2018 12:50 pm
Forum: Personal Finance (Not Investing)
Topic: Pay to be in school district or move?
Replies: 20
Views: 1031

Re: Pay to be in school district or move?

We went through this same issue and first chose the out of district option. Schlepping kids around and trying to work all the scheduling out with two working parents was a hassle and we ended up moving after 2 years. Would have moved sooner if we could. Agreed. Raising kids and schooling has MORE t...
by staythecourse
Sat Jul 14, 2018 11:48 am
Forum: Personal Finance (Not Investing)
Topic: Pay to be in school district or move?
Replies: 20
Views: 1031

Re: Pay to be in school district or move?

2 options exist: 1. Stay where you are and send to private NEAR you or 2. MOVE to a better school. Your option above is not reasonable speaking for the poor kid who will have to do it EVERY school day. There are many more options than those two. For instance, there are great boarding schools in Eur...
by staythecourse
Sat Jul 14, 2018 11:46 am
Forum: Investing - Theory, News & General
Topic: Historical U.S. Portfolio Disasters — Wrapping It All Up
Replies: 32
Views: 2391

Re: Historical U.S. Portfolio Disasters — Wrapping It All Up

My impression is the focus of all three posts seems to be for retirees who are in the wealth preservation stage. Am I wrong about that? If that is in fact correct, would there be any potential implications for those of us still in the accumulation stage? All three of the "portfolio disaster" posts ...
by staythecourse
Sat Jul 14, 2018 11:38 am
Forum: Personal Finance (Not Investing)
Topic: Pay to be in school district or move?
Replies: 20
Views: 1031

Re: Pay to be in school district or move?

So you really want to put you kid in a car/ bus for 1.5 to 2 hours a day for 5 days AT LEAST per week for 12 years when you can afford to move? Listen to how that sounds and tell me if that is something you would have wanted growing up. 2 options exist: 1. Stay where you are and send to private NEAR...
by staythecourse
Fri Jul 13, 2018 6:42 pm
Forum: Investing - Theory, News & General
Topic: Historical U.S. Portfolio Disasters — Wrapping It All Up
Replies: 32
Views: 2391

Re: Historical U.S. Portfolio Disasters — Wrapping It All Up

Great graphic. As you and others know U.S. TIPS have only been marketed since 1997 so we can only guess what they SHOULD do in those time periods and not what they DID do. The real question I continue to ponder in these discussions and analysis are how does this information make a difference in anyo...
by staythecourse
Thu Jul 12, 2018 7:22 pm
Forum: Investing - Help with Personal Investments
Topic: How to help parents "see the light" with index investing?
Replies: 17
Views: 1337

Re: How to help parents "see the light" with index investing?

As long as they aren't going to be poor and ask you for money in the future who cares what they do with their money. It only affects any future inheritance and NOT their quality of life so don't see a reason to get involved. Now if they ASK you then that is different.

Good luck.
by staythecourse
Thu Jul 12, 2018 7:08 pm
Forum: Investing - Theory, News & General
Topic: COMING SOON: BOGLEHEADS PODCASTS
Replies: 341
Views: 10341

Re: COMING SOON: BOGLEHEADS PODCASTS

thatme wrote:
Thu Jul 12, 2018 6:02 pm
Talking (Bogle)heads
Wanted to second that one. Simple and sounds good. But would keep it simpler phrased as: "Talking Bogleheads"

Good luck.
by staythecourse
Thu Jul 12, 2018 5:06 pm
Forum: Investing - Theory, News & General
Topic: COMING SOON: BOGLEHEADS PODCASTS
Replies: 341
Views: 10341

Re: COMING SOON: BOGLEHEADS PODCASTS

After looking at the suggestions I have realized 1. We are becoming more and more successful about spreading Mr. Bogle's message and 2. We are not a creative group of folks. At least we are good investors.

Good luck.
by staythecourse
Thu Jul 12, 2018 3:37 pm
Forum: Personal Finance (Not Investing)
Topic: How to bring up this issue with your boss? (firm failure to contribute employer match)
Replies: 6
Views: 752

Re: How to bring up this issue with your boss? (firm failure to contribute employer match)

So I work for a 50-100 employee law firm (total employees, not just lawyers). The firm has a sucky, but not horrendous 401(k) match - 3% of salary, vesting 25% each year over 4 years. I have now been employed for about 15 months here. I realize that the first 25% of the match still has not posted t...
by staythecourse
Thu Jul 12, 2018 3:20 pm
Forum: Investing - Theory, News & General
Topic: COMING SOON: BOGLEHEADS PODCASTS
Replies: 341
Views: 10341

Re: COMING SOON: BOGLEHEADS PODCASTS

How about "Wanna be a millionaire be a boglehead" Actually that sounds better on a t-shirt. Can anyone make that a Bogleheads T-shirt? Front says that and back says "Bogle's Folly" per Mr. Ferri's idea. That would be awesome. I digress. Whatever you name it I am proud that the "Bogleheads" will be m...
by staythecourse
Thu Jul 12, 2018 3:14 pm
Forum: Investing - Help with Personal Investments
Topic: Self Employed 48years old and nothing saved for retirement
Replies: 40
Views: 4728

Re: Self Employed 48years old and nothing saved for retirement

I was a single mother and working paycheck to to paycheck. I went back to school at age 40 to pursue a trade. My money went towards living basically and as mentioned in my original post I am paying down my debt now trying to get in a better place. Remember as you post your replies that everyone has...
by staythecourse
Thu Jul 12, 2018 8:51 am
Forum: Investing - Help with Personal Investments
Topic: Self Employed 48years old and nothing saved for retirement
Replies: 40
Views: 4728

Re: Self Employed 48years old and nothing saved for retirement

Not enough information. Please find the sticky and give a more detailed description. The biggest stands out is WHERE has all the money gone that you have made up to this point in your life. You have no retirement savings or house purchased so what have you been spending on instead? The reason I ask ...
by staythecourse
Thu Jul 12, 2018 8:47 am
Forum: Personal Consumer Issues
Topic: Flooring for New House
Replies: 57
Views: 3768

Re: Flooring for New House

I designed our new home couple years ago from scratch and my advice is if it is a high end home don't do laminate. Simple as that. No matter your feelings or lack there of folks are going to notice it is laminate and laminate= cheap in their minds. Doesn't mean it is true, but that is ALWAYS what fo...
by staythecourse
Wed Jul 11, 2018 5:37 pm
Forum: Personal Consumer Issues
Topic: Anyone take naps at work?
Replies: 93
Views: 5356

Re: Anyone take naps at work?

I'm a physician and can say one should get looked into if one is having daytime drowsiness. BUT it is true naps at work would most likely IMPROVE efficiency and the inability of employers to modify their viewpoint on this is just archaic. It is as archaic as not having more part time/ shared positio...
by staythecourse
Tue Jul 10, 2018 12:43 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio Update
Replies: 8
Views: 554

Re: Portfolio Update

In my opinion, your asset allocation makes not difference at this stage of the game. The MOST important right now is simply how much you save per year. Nothing will matter more then that. Being 100% stocks will not make you rich, but saving A TON will. Do you have a plan on how to increase saving ne...
by staythecourse
Tue Jul 10, 2018 12:32 pm
Forum: Investing - Theory, News & General
Topic: Asset Allocation for High Net Worth (>$3M) Individuals
Replies: 26
Views: 4560

Re: Asset Allocation for High Net Worth (>$3M) Individuals

Actually, there is academic research showing that Millennials may be the most conservative generation since their great-grandparents, who went through the Great Depression. Being automatically placed into target-date funds, which are mostly stocks at this point for them, may be their only 'saving g...
by staythecourse
Mon Jul 09, 2018 9:33 pm
Forum: Investing - Theory, News & General
Topic: Vanguard - What will the real return be for stocks and bonds over the next ten years?
Replies: 46
Views: 5083

Re: Vanguard - What will the real return be for stocks and bonds over the next ten years?

Just curious where the study is that shows Vanguard economists are any better then economist in general? I am pretty sure ecomomists are pretty UNsuccesful in predicting anything correct. I know their intuition/ insight into interest rate changes (which to me are much more obvious) are horrible as a...
by staythecourse
Mon Jul 09, 2018 8:55 am
Forum: Investing - Help with Personal Investments
Topic: Any Dry Powder Strategies?
Replies: 103
Views: 5791

Re: Any Dry Powder Strategies?

What a cornball term. I've only ever heard it on prepper and silver stackers forums. My strategy for my cash is to leave it in cash. Agreed. Dry powder means nothing. It is just cash. Add that portion to your cash allocation and reanalyze your asset allocation (stocks/ bonds/cash/ alternative inves...
by staythecourse
Mon Jul 09, 2018 8:51 am
Forum: Investing - Theory, News & General
Topic: Is it contradictory to be a Boglehead and have substantial allocation towards SCV?
Replies: 30
Views: 2228

Re: Is it contradictory to be a Boglehead and have substantial allocation towards SCV?

In short, I don't think that "the Bogleheads' investment philosophy" = " the three-fund portfolio and nothing else." Nisi, Excellent post as usual. For the less experienced investor please do NOT confuse being a boglehead with being a ?Taylor-head. Taylor deserves all the kudos in the world, but th...
by staythecourse
Sun Jul 08, 2018 3:43 pm
Forum: Investing - Theory, News & General
Topic: How did Druckenmiller achieve a positive return in 2008?
Replies: 14
Views: 1743

Re: How did Druckenmiller achieve a positive return in 2008?

Just curious how does ANYONE verify his claims of his returns? His money is made via a hedge fund so how can it be confirmed? This is not just in relation to Druckenmiller but ALL investors who make money via a hedge fund. Sometime ago folks could have made the same post about Madoff and we know how...
by staythecourse
Sat Jul 07, 2018 1:10 pm
Forum: Investing - Help with Personal Investments
Topic: Upping my retirement savings game
Replies: 11
Views: 2206

Re: Upping my retirement savings game

Kudos to ask the no. 1 MOST important question to answer when thinking of retirement investing. We have WAY too many posts on asset allocation and not enough on increasing savings. The lowest hanging fruit in most of these discussion will revolve around how to improve your salary. So what do you do?...
by staythecourse
Fri Jul 06, 2018 5:55 pm
Forum: Investing - Theory, News & General
Topic: The Worst U.S. Portfolio Disasters — A Historical Comparison
Replies: 66
Views: 5542

Re: The Worst U.S. Portfolio Disasters — A Historical Comparison

Simplegift, great work as usual. Hopefully, someone can help me out as one poster sometime ago posted a presentation by DFA using Dimson Marsh data for 101 years as to stretch this discussion FURTHER out over multiple countries and periods of history. I remember an interesting observation as one of ...
by staythecourse
Thu Jul 05, 2018 9:26 am
Forum: Investing - Theory, News & General
Topic: Morningstar: prepare for a lost decade for U.S. stocks
Replies: 198
Views: 18056

Re: Morningstar: prepare for a lost decade for U.S. stocks

This post is trollbait. Nobody know what future stock returns will be. Why are posts like this allowed? Because this forum is called "Investing - Theory, News & General"? Morningstar reporting their expectations for future investment returns, based on financial theory, is entirely on-topic. More di...
by staythecourse
Tue Jul 03, 2018 8:44 pm
Forum: Local Chapters and Bogleheads Community
Topic: Too much Bogleheads.org?
Replies: 90
Views: 13470

Re: Too much Bogleheads.org?

The Bogleheads Forum is not just a place to come, learn, and leave. For many of us, it's a community. We know a little about other people's lives, congratulate them on their milestones and feel sorry about their setbacks. We don't discuss just finance, but also mundane issues such as Costco shoppin...
by staythecourse
Tue Jul 03, 2018 1:36 pm
Forum: Investing - Theory, News & General
Topic: Treasury Auction - Nobody Came: "Great T-Bill Massacre"
Replies: 145
Views: 11864

Re: Treasury Auction - Nobody Came: "Great T-Bill Massacre"

Sounds like a slow news week. The fact remains no matter what folks think of U.S. treasuries it is still considered the cleanest of all the dirty shirts. The line spoken by Mr. Gross several years ago and is pretty spot one (despite many of his calls not being spot on). When the U.S. was downgraded ...
by staythecourse
Tue Jul 03, 2018 8:23 am
Forum: Personal Finance (Not Investing)
Topic: Do we start the house buying process?
Replies: 25
Views: 2226

Re: Do we start the house buying process?

Do as you want, but NO house sitting on the market is a steal. If it was there are enough buyers in any market to have scooped it up the last 6 months. It is a bit of a home buying fallacy to think you discovered some gem that no one else has. The house buying market is pretty efficient. If you like...
by staythecourse
Sun Jul 01, 2018 9:24 am
Forum: Personal Finance (Not Investing)
Topic: Lost out on promotion
Replies: 104
Views: 10359

Re: Lost out on promotion

Promotions happens for all sorts of reasons, but usually not merit. Bingo. It is naive to think those that get ahead are somehow adding value more then you. In reality they are moving up the ladder due to their social skills. this skill set is not taught, but in the working world is MUCH more impor...
by staythecourse
Sun Jul 01, 2018 8:28 am
Forum: Investing - Theory, News & General
Topic: Emerging Markets in Bear Territory
Replies: 52
Views: 7128

Re: Emerging Markets in Bear Territory

letsgobobby wrote:
Wed Jun 27, 2018 8:14 pm
I had no idea and don't care.
Agreed.

Good luck.
by staythecourse
Sat Jun 30, 2018 8:03 pm
Forum: Personal Finance (Not Investing)
Topic: Paying for private tuition
Replies: 14
Views: 1399

Re: Paying for private tuition

Why would you want to do that? Like ANY tax deferred envelope you want to keep it in there as LONG as possible. Heck, I started saving for our kids college before I even had kids to extend the tax deferred benefits as long as possible. If it was me I would rather save for full college and even grad ...
by staythecourse
Sat Jun 30, 2018 8:36 am
Forum: Investing - Help with Personal Investments
Topic: Feel like I'm sinking money into international
Replies: 100
Views: 10776

Re: Feel like I'm sinking money into international

I believe Vanguard recommends 40% of your equities in International . Isn't it too high? You are assuming there is a correct number. The only possible argument might be for a global weight in which case Vanguard is low. Or if you make rough adjustments for cost differences and taxation, then maybe ...
by staythecourse
Fri Jun 29, 2018 1:34 pm
Forum: Investing - Theory, News & General
Topic: The cost of reducing portfolio volatility
Replies: 25
Views: 2363

Re: The cost of reducing portfolio volatility

Late to the party as usual and apologize if I am repeating. The analysis makes sense but the choice of shifting more to fixed income is to narrow the dispersion of returns and or decrease chance of loss. This is more apparent at 1, 3, 5 year intervals. Not many folks heavy in bonds for 20 years EXCE...
by staythecourse
Wed Jun 27, 2018 8:52 am
Forum: Investing - Theory, News & General
Topic: Are we just way over complicating this?
Replies: 113
Views: 7164

Re: Are we just way over complicating this?

Can't speak for others, but my five fund approach is not more then 30 minutes each month to figure out where New money goes each month is not much work.

If it does better or not who knows. Then again that holds true for EVERY asset allocation.

Good luck.
by staythecourse
Mon Jun 25, 2018 10:09 am
Forum: Investing - Theory, News & General
Topic: As time goes on, will total market investing become more perfect, and tilting strategies less?
Replies: 18
Views: 1474

Re: As time goes on, will total market investing become more perfect, and tilting strategies less?

Justin, What I'm asking is, there's a lot of people who still like to tilt and invest using factors. Will all this eventually go away due to everything being figured out due to computers, information, and data....or will there always be some edge where people think they'll be able to beat the marke...
by staythecourse
Sat Jun 23, 2018 6:20 pm
Forum: Personal Finance (Not Investing)
Topic: What is/ was your career and would you recommend it now?
Replies: 345
Views: 32248

Re: What is/ was your career and would you recommend it now?

Plus, of course, journalists now rank below garbage collectors in the eyes of many. Not to steal your post, but curious if we have any garbage workers out there? I remember reading an article saying how difficult it was to find workers to fill the spots. It seems the pay is pretty good as well. I h...
by staythecourse
Sat Jun 23, 2018 6:16 pm
Forum: Personal Finance (Not Investing)
Topic: What is/ was your career and would you recommend it now?
Replies: 345
Views: 32248

Re: What is/ was your career and would you recommend it now?

I am a subspecialty surgeon. Pros: high income, good job security, able to make a real difference to patients’ lives Cons: long period of training with grueling hours. When I was a resident, I worked 60 to 100 hours a week. Medicine isn’t for everyone. I would not recommend it to my son. I'm a doc ...
by staythecourse
Sat Jun 23, 2018 4:48 pm
Forum: Personal Finance (Not Investing)
Topic: Relief From Pain provision in Advance Care Directive
Replies: 10
Views: 716

Re: Relief From Pain provision in Advance Care Directive

Kudos for discussing this sensitive topic as I am sure it will help many out there. Interestingly, many states have laws on the books to protect physicians for this exact situation called Law of Double Effect. Basically means if one increases pain meds (opioids) enough to cause death because it is t...
by staythecourse
Sat Jun 23, 2018 3:57 pm
Forum: Investing - Help with Personal Investments
Topic: Feel like I'm sinking money into international
Replies: 100
Views: 10776

Re: Feel like I'm sinking money into international

What you describe is what always reminds me of the line Dr. Bernstein wrote in "IAA". He wrote something to the effect of throwing money down a rat hole. You aren't the only one. From my short investing lifespan I have learned a few things and one of the things I have seen is sticking with your allo...
by staythecourse
Fri Jun 22, 2018 8:54 am
Forum: Personal Consumer Issues
Topic: Did you celebrate when you finally hit $1m?
Replies: 161
Views: 14715

Re: Did you celebrate when you finally hit $1m?

Great question. For me I was super aggressive hitting that number as quickly a I could and thought I would have been more psyched, but surprising I wasn't. I thought about it for a few days before and after, but didn't really feel any happier. Funny thing is I felt even LESS after several more finan...
by staythecourse
Fri Jun 22, 2018 8:45 am
Forum: Investing - Help with Personal Investments
Topic: [100% stock, uncomfortable with international]
Replies: 65
Views: 5606

Re: [100% stock, uncomfortable with international]

Just curious if you would be advocating for 100% U.S. equities if international gained 20% last 10 years and stocks were flat? My guess is no. That means you are quite susceptible (as most folks are) to past performance wagging the tail of the dog. Considering all your labor income, your pension inc...
by staythecourse
Thu Jun 21, 2018 8:04 am
Forum: Investing - Theory, News & General
Topic: Steep rise in "Old Age Dependency Ratio"
Replies: 15
Views: 2021

Re: Steep rise in "Old Age Dependency Ratio"

Not sure if it actionable, but not surprising. Healthcare allows us to keep someone alive almost forever. The % chance of reaching 90 is really high if you hit 65 (at least as a couple is the data i remember) so again not surprising the numerator is only going up. The population is not growing as fo...
by staythecourse
Mon Jun 18, 2018 8:53 pm
Forum: Personal Finance (Not Investing)
Topic: Retire at 50: Should I?
Replies: 93
Views: 12184

Re: Retire at 50: Should I?

Great job. Not that you need another nudge, but if you don't like working and are good financially as you are why are you still working?

Go find your next adventure.

Good luck.
by staythecourse
Mon Jun 18, 2018 11:30 am
Forum: Investing - Help with Personal Investments
Topic: Having a hard time pulling the trigger...
Replies: 25
Views: 2485

Re: Having a hard time pulling the trigger...

Lots of large brains on this site so trying to figure out what I'm missing and if my gut is leading me astray here. What your missing is you are being convinced by folks who you trusts (us) about a topic you are NOT sold on (passive investing and NOT market timing). Great thing about me and worst t...
by staythecourse
Sun Jun 17, 2018 10:46 pm
Forum: Personal Consumer Issues
Topic: Standard buyer's remorse or poorly timed enlightenment?
Replies: 40
Views: 3637

Re: Standard buyer's remorse or poorly timed enlightenment?

Didn't read the other replies so sorry if I am repeating. I think the big issue is you "WANT" to retire early. That may or may not happen. It may not happen due to this house or a multitude of reasons (getting laid off for example). What you DO need in the short term are good schools for your kid's ...
by staythecourse
Sat Jun 16, 2018 6:29 pm
Forum: Personal Consumer Issues
Topic: Contractor - Threatening Lien/Lawsuit
Replies: 55
Views: 6542

Re: Contractor - Threatening Lien/Lawsuit

BBB is useless, but there's probably no harm in reporting there. I have found the BBB to be quite good at successfully resolving the two claims I have filed with them over the years. But I suspect that their leverage only extends to legitimate businesses with reputations on the line. It doesn't sou...
by staythecourse
Fri Jun 15, 2018 4:43 pm
Forum: Personal Consumer Issues
Topic: Contractor - Threatening Lien/Lawsuit
Replies: 55
Views: 6542

Re: Contractor - Threatening Lien/Lawsuit

I am not a lawyer, but seems the agreement was to start on x date. He did not and you agreed together to start on y date. He couldn't due to needing funds to purchase z equipment which you agreed. You gave him the ability via credit card to purchase the z equipment to start on y date and he backed o...
by staythecourse
Fri Jun 15, 2018 4:20 pm
Forum: Personal Consumer Issues
Topic: I am STUNNED over how much help my friends recieved with house purchase!
Replies: 47
Views: 3944

Re: I am STUNNED over how much help my friends recieved with house purchase!

Funny, sounds like you are envious and/ or jealous, but... that is okay. There is nothing wrong with wanting what someone else has that is human nature. The issue comes with denying your true feelings as it just eats you up (which is bad). I am sure you would LOVE to have someone write you a check f...
by staythecourse
Fri Jun 15, 2018 10:16 am
Forum: Investing - Theory, News & General
Topic: Which boglehead rule do you break--and are ok with
Replies: 152
Views: 11895

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

The principle I have the biggest problem with is the "never bear too much or too little risk". That is a fortune cookie answer and is not really specific enough to be actionable. What is "too much" or "too little"? It is WAY too vague to be usable. How about a general rule of thumb like the one I us...