Search found 6061 matches

by staythecourse
Fri Nov 16, 2018 12:01 pm
Forum: Investing - Theory, News & General
Topic: If riskier than US, why doesn't international outperform?
Replies: 31
Views: 1584

Re: If riskier than US, why doesn't international outperform?

Just curious if anyone on here would be ardent U.S. only investors if the returns would have been the opposite of international the last 20 years? How much of all of this is purely behavioral. I am ALWAYS skeptical there isn't a behavioral issue with myself when I want to invest in something which j...
by staythecourse
Fri Nov 16, 2018 9:56 am
Forum: Personal Consumer Issues
Topic: Home sale etiquette: wall repair
Replies: 37
Views: 1270

Re: Home sale etiquette: wall repair

Don't do anything else. They likely had a formal home inspection and had an opportunity to add whatever they wanted in the sales contract (like keep the appliances there). If they didn't mention it then don't do anything more.

Good luck.
by staythecourse
Fri Nov 16, 2018 9:26 am
Forum: Investing - Theory, News & General
Topic: If riskier than US, why doesn't international outperform?
Replies: 31
Views: 1584

Re: If riskier than US, why doesn't international outperform?

Since this was based on my original post on several threads I hope I can help maybe reword it a bit. Hope okay with the OP of this thread. The question is: If U.S. investing is considered safer then why don't the U.S. only investor EXPECT less return? Don't think I have ever seen any poster who is U...
by staythecourse
Fri Nov 16, 2018 9:22 am
Forum: Investing - Theory, News & General
Topic: If riskier than US, why doesn't international outperform?
Replies: 31
Views: 1584

Re: If riskier than US, why doesn't international outperform?

Luck. From the start of the first international index in 1970, the MSCI EAFE index, there have been no systematic differences that are big enough to overcome the differences you can see due to choice of endpoints within that time period. Over longer periods of time, e.g. the Dimson & Marsh data bac...
by staythecourse
Thu Nov 15, 2018 2:23 pm
Forum: Personal Finance (Not Investing)
Topic: Accuracy of Zillow/Trulia/Redfin Estimates
Replies: 51
Views: 4132

Re: Accuracy of Zillow/Trulia/Redfin Estimates

If you have redfin call them up and ask for their free evaluation. It has no strings and is great. They take a look around your property then a couple days later they do all the work and give you an estimate of the house worth in the current climate. Good luck. I sold my last house, and bought my l...
by staythecourse
Thu Nov 15, 2018 10:26 am
Forum: Personal Finance (Not Investing)
Topic: Wait, do I need a prenup?
Replies: 63
Views: 6376

Re: Wait, do I need a prenup?

Apolgize if I am repeating as I didn't review the other posts. If neither of you guys care I would get one. There is NO way of knowing where you may or may not end up in the future. Many folks think they will be married forever and find out they aren't so if it is important to you go ahead and do it...
by staythecourse
Thu Nov 15, 2018 10:20 am
Forum: Personal Finance (Not Investing)
Topic: Accuracy of Zillow/Trulia/Redfin Estimates
Replies: 51
Views: 4132

Re: Accuracy of Zillow/Trulia/Redfin Estimates

If you have redfin call them up and ask for their free evaluation. It has no strings and is great. They take a look around your property then a couple days later they do all the work and give you an estimate of the house worth in the current climate.

Good luck.
by staythecourse
Wed Nov 14, 2018 7:36 pm
Forum: Personal Finance (Not Investing)
Topic: DCA – change of tune, loss of nerve, and how to time?
Replies: 23
Views: 1185

Re: DCA – change of tune, loss of nerve, and how to time?

Sorry I've read the post several times and don't understand the problem? You want to lump sum since most is going into equities, but you are worried the market will continue to tank and you don't want to see paper losses of said money? So you want to DCA, but are still hesitant to do that as well? M...
by staythecourse
Wed Nov 14, 2018 3:25 pm
Forum: Personal Finance (Not Investing)
Topic: Teaching young folks how to save for retirement
Replies: 27
Views: 1850

Re: Teaching young folks how to save for retirement

I think that teaching financial literacy to young people may be an area of interest for me after I retire. So important that they understand at least the basics (savings, compounding, stocks vs bonds, the true cost of credit card debt, etc.) I can understand them being mystified, overwhelmed and la...
by staythecourse
Wed Nov 14, 2018 3:16 pm
Forum: Investing - Theory, News & General
Topic: Does Early Retirement Make You Live Longer?
Replies: 70
Views: 4190

Re: Does Early Retirement Make You Live Longer?

Longevity is highly correlated with wealth. Wealthy people retire young. People without money work as long as they can. Excellent point. Was the group comparing apples to apples comparison. Another way to look at it is folks who are more ill are likley to keep working longer to keep health insuranc...
by staythecourse
Wed Nov 14, 2018 2:57 pm
Forum: Investing - Theory, News & General
Topic: Are you all staying the course?
Replies: 114
Views: 6625

Re: Are you all staying the course?

I'm 100% equities outside of my 1 year EF and can't say it makes any difference to me if the market was up 20% or down 20% since I don't need that money for about 10- 20 years at a minimum. Since some of that money is going to charity and to my kids after we die I guess the real time horizon for som...
by staythecourse
Wed Nov 14, 2018 10:26 am
Forum: Investing - Theory, News & General
Topic: How much international stock? A suggestion.
Replies: 439
Views: 78859

Re: How much international stock? A suggestion.

often when it does outperform it is due to currency fluctuation. Hoping someone (ahem simplgift) can provide a nice illustration because I am under the assumption (maybe incorrect?) that it is the strength of the currencies against each other that determines which outperforms. I believe Mr. Seigel ...
by staythecourse
Wed Nov 14, 2018 9:22 am
Forum: Investing - Theory, News & General
Topic: How much international stock? A suggestion.
Replies: 439
Views: 78859

Re: How much international stock? A suggestion.

Just want to remind many of our novice readers that this argument has gone on forever on this board and will likely will. As a friendly reminder this argument is dancing on the pinhead of a needle so to speak. Speaking of Mr. Bogle he made one comment that I think is truly profound and though not di...
by staythecourse
Tue Nov 13, 2018 5:32 pm
Forum: Investing - Help with Personal Investments
Topic: I can't take this anymore=) I'm selling stocks and buying bonds!
Replies: 86
Views: 11100

Re: I can't take this anymore=) I'm selling stocks and buying bonds!

I have quoted before, but LOVE the quote from, I think, is Milton Friedman, "It is the duty of the equity investor to sustain losses from time to time and should do it without reproach of his original plan" or something like that. It is the second part that makes it a brilliant line. He understood e...
by staythecourse
Tue Nov 13, 2018 5:25 pm
Forum: Personal Finance (Not Investing)
Topic: [Financial] Habits of the Rich
Replies: 146
Views: 17884

Re: Habits of the Rich

Maybe I would have done even better with more focused goals, but i kind of enjoyed my meandering path. In my opinion, yes you would have been more successful or as successful, but done it earlier if you planned ahead of time. One of my favorite lines in investing comes from Mr. Ferri, "Investing is...
by staythecourse
Tue Nov 13, 2018 4:57 pm
Forum: Investing - Theory, News & General
Topic: How much international stock? A suggestion.
Replies: 439
Views: 78859

Re: How much international stock? A suggestion.

Mr. Bogle’s views on capitalism, entrepreneurship, work ethic, transparency, law, corruption, and currency risk are basically shared by me after not only considered reflection, but also from my own experience living overseas. Not trying to cause another debate, but trying to understand here. Since ...
by staythecourse
Tue Nov 13, 2018 4:50 pm
Forum: Investing - Theory, News & General
Topic: How much international stock? A suggestion.
Replies: 439
Views: 78859

Re: How much international stock? A suggestion.

It's not that who gives the advice is more important than the logic of that advice but that not all advice is created equal. Bogle's recommendations carry more weight than mine, and they should because he is an recognized expert. This may be a fundamental difference between you and I (for example)....
by staythecourse
Tue Nov 13, 2018 12:59 pm
Forum: Personal Finance (Not Investing)
Topic: [Financial] Habits of the Rich
Replies: 146
Views: 17884

Re: Habits of the Rich

Maybe I would have done even better with more focused goals, but i kind of enjoyed my meandering path. In my opinion, yes you would have been more successful or as successful, but done it earlier if you planned ahead of time. One of my favorite lines in investing comes from Mr. Ferri, "Investing is...
by staythecourse
Tue Nov 13, 2018 12:47 pm
Forum: Investing - Theory, News & General
Topic: How much international stock? A suggestion.
Replies: 439
Views: 78859

Re: How much international stock? A suggestion.

The one thing I think is worth challenging, however, is the repeated appeal to authority to support an argument that is both empirically and theoretically dismissible. Amen to that. I have NEVER understood folks who can drink the kool aid just because x, y, z person says so. It amazes me how such i...
by staythecourse
Tue Nov 13, 2018 11:09 am
Forum: Personal Consumer Issues
Topic: Upstairs Floor is No Longer Used....
Replies: 22
Views: 2661

Re: Upstairs Floor is No Longer Used....

Why not just sell the house? Your kids will show up less and less as time goes on. A ranch with an extra bedroom or condo seems a natural transition now, no? My wife and I have 2 toddler kids and built our own home just 2 years ago and am already planning to sell it when the kids are out of the hou...
by staythecourse
Tue Nov 13, 2018 10:30 am
Forum: Personal Consumer Issues
Topic: Upstairs Floor is No Longer Used....
Replies: 22
Views: 2661

Re: Upstairs Floor is No Longer Used....

Why not just sell the house? Your kids will show up less and less as time goes on. A ranch with an extra bedroom or condo seems a natural transition now, no? My wife and I have 2 toddler kids and built our own home just 2 years ago and am already planning to sell it when the kids are out of the hous...
by staythecourse
Mon Nov 12, 2018 9:09 pm
Forum: Personal Consumer Issues
Topic: Feeling uneasy about recent splurge
Replies: 40
Views: 3919

Re: Feeling uneasy about recent splurge

mortfree wrote:
Mon Nov 12, 2018 8:46 pm
I wouldn’t lose sleep over it.

Pay it and forget it.

Enjoy
Pun intended.

That was funny. :D

Good luck.
by staythecourse
Mon Nov 12, 2018 7:21 pm
Forum: Personal Finance (Not Investing)
Topic: Becoming frugal
Replies: 81
Views: 10814

Re: Becoming frugal

When it comes to expenses, controlling the big ticket items has the biggest impact. 1. Kids. Make sure that all pregnancies are planned. 2. Housing. Buy or rent a place that is below your means. 3. Vehicles. Keep them till the wheels come off. 4. College. Make decisions on return on investment inst...
by staythecourse
Mon Nov 12, 2018 11:14 am
Forum: Investing - Help with Personal Investments
Topic: Permanent Portfolio - Interested in Bogleheads thoughts
Replies: 13
Views: 1649

Re: Permanent Portfolio - Interested in Bogleheads thoughts

If you are simply looking at different portfolios another one mentioned is the golden butterfly. https://portfoliocharts.com/portfolio/golden-butterfly/ https://www.thesimpledollar.com/why-i-chose-this-controversial-all-weather-portfolio-for-my-life-savings/ And also on this site: https://www.bogle...
by staythecourse
Sun Nov 11, 2018 2:34 pm
Forum: Personal Finance (Not Investing)
Topic: Finances in NYC
Replies: 79
Views: 6290

Re: Finances in NYC

I understand this is a financially motivated post, but would be easier to answer even that if you tell us about your personal situation? Married or not? If so, does she/ he want to move to NYC? Do you have kids? If you do how old? If you do have you thought about those costs (daycare, nanny, private...
by staythecourse
Sun Nov 11, 2018 2:16 pm
Forum: Investing - Theory, News & General
Topic: What's everyone currently in?
Replies: 93
Views: 8063

Re: What's everyone currently in?

I'm in the same portfolio I was when it was doing well and same as it was when it is doing bad (like now).

Good luck.
by staythecourse
Sun Nov 11, 2018 1:39 pm
Forum: Personal Finance (Not Investing)
Topic: [Financial] Habits of the Rich
Replies: 146
Views: 17884

Re: Habits of the Rich

Im an average wage, blue collar worker who will retire in my 50's with no pension. This is what i have done. 1. Set written goals early in life with an action plan. 2. Didn't have any unplanned pregnancies. 3. Lived below my means when purchasing housing and transportation. Never went into debt exc...
by staythecourse
Sun Nov 11, 2018 10:13 am
Forum: Personal Consumer Issues
Topic: Help Me Buy A New Front Door
Replies: 16
Views: 1187

Re: Help Me Buy A New Front Door

Replaced our door this year due to aesthetic reasons. It was frustrating. First thing first is figure out what material you want for your door. The cheapest is to just by the slab (just the door) and not the "whole thing" so to speak (jabs as well). To do this is easiest to buy the same thing as you...
by staythecourse
Fri Nov 09, 2018 6:36 pm
Forum: Personal Finance (Not Investing)
Topic: How much money are you leaving your kids after you die?
Replies: 234
Views: 14543

Re: How much money are you leaving your kids after you die?

Our daughter doesn't know our net worth. She asks, but I tell her that my father didn't share that with me until I was well into my 40s/50s, and I'm inclined to do the same with her. Unsure about this ... Not to single out this poster, but does anyone else feel this rubs them the same way as it doe...
by staythecourse
Fri Nov 09, 2018 12:45 pm
Forum: Investing - Theory, News & General
Topic: A reminder: Stay away from AQR
Replies: 168
Views: 12123

Re: A reminder: Stay away from AQR

scout1 wrote:
Thu Nov 08, 2018 6:10 pm

AQR isn't great but they're no worse than any other active mutual fund manager.
I'm guessing Mr. Asness will not be using that on his next brochure. :D

Good luck.
by staythecourse
Thu Nov 08, 2018 6:31 pm
Forum: Personal Finance (Not Investing)
Topic: How much money are you leaving your kids after you die?
Replies: 234
Views: 14543

Re: How much money are you leaving your kids after you die?

Our daughter doesn't know our net worth. She asks, but I tell her that my father didn't share that with me until I was well into my 40s/50s, and I'm inclined to do the same with her. Unsure about this ... Not to single out this poster, but does anyone else feel this rubs them the same way as it doe...
by staythecourse
Thu Nov 08, 2018 10:44 am
Forum: Investing - Theory, News & General
Topic: David Swensen Unconventional Success
Replies: 99
Views: 8704

Re: David Swensen Unconventional Success

I recently read another article noting how Swensen and Yale has invested in two bitcoin operations. That surprises me! Maybe...I mean, I’d be far more inclined to invest in a gold re-selling company than gold itself. Not that I would ever specifically choose to do so, of course. Or another version:...
by staythecourse
Wed Nov 07, 2018 8:09 am
Forum: Personal Finance (Not Investing)
Topic: How much money are you leaving your kids after you die?
Replies: 234
Views: 14543

Re: How much money are you leaving your kids after you die?

What my perfect situation is to set up some charity to give away money each year and they can have a set salary to administer that charity. That way they make some extra money by WORKING and hopefully lets them see the benefits of helping those less fortunate. Good luck. As another poster mentioned...
by staythecourse
Tue Nov 06, 2018 4:53 pm
Forum: Personal Finance (Not Investing)
Topic: How much money are you leaving your kids after you die?
Replies: 234
Views: 14543

Re: How much money are you leaving your kids after you die?

What my perfect situation is to set up some charity to give away money each year and they can have a set salary to administer that charity. That way they make some extra money by WORKING and hopefully lets them see the benefits of helping those less fortunate. Good luck. No offence but that sounds ...
by staythecourse
Tue Nov 06, 2018 1:31 pm
Forum: Personal Finance (Not Investing)
Topic: How much money are you leaving your kids after you die?
Replies: 234
Views: 14543

Re: How much money are you leaving your kids after you die?

What my perfect situation is to set up some charity to give away money each year and they can have a set salary to administer that charity. That way they make some extra money by WORKING and hopefully lets them see the benefits of helping those less fortunate.

Good luck.
by staythecourse
Tue Nov 06, 2018 9:23 am
Forum: Investing - Theory, News & General
Topic: WSJ: Sometimes, It’s Bonds For the Long Run
Replies: 72
Views: 5943

Re: WSJ: Sometimes, It’s Bonds For the Long Run

So beating stocks 25% of the time is enough to say, "Bonds for the long run"? Interesting it seems his evidence points MORE to believing in stocks for the long run. IF his data is correct (another issue is why does Dr. Seigel and him have very different data) then we can now indirectly quantify the...
by staythecourse
Sun Nov 04, 2018 4:02 pm
Forum: Personal Consumer Issues
Topic: Buy house without agent
Replies: 28
Views: 2311

Re: Buy house without agent

DId your current agent show you the property or advice you to go the open house or give any ideas on comps? If so, irregardless of you not having a contract with them they will sue later for their commission under the "law of procurement" and likely win. Look it up as it nearly bit me in the behind....
by staythecourse
Sun Nov 04, 2018 3:56 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Asset Diversification In A Flat World
Replies: 8
Views: 912

Re: Larry Swedroe: Asset Diversification In A Flat World

These are good points; however how about, in the context of international diversification, currency risk? I have seen an argument by Dimson saying that in the long run currency risk becomes negligible; however in the short run you might have big currency swings that greatly affect your portfolio. S...
by staythecourse
Sat Nov 03, 2018 3:44 pm
Forum: Investing - Help with Personal Investments
Topic: My Grandmother has 80% stocks
Replies: 55
Views: 5252

Re: My Grandmother has 80% stocks

...84 year olds are not traveling the world or buying new cars so doubtful she is going to outlive her money. Good luck. A few on this board might disagree with you. :x Gill Of course, there are active 80 year olds. Sounds odd, but as a physician (like many on this board) I probably know MORE 80+ y...
by staythecourse
Sat Nov 03, 2018 9:39 am
Forum: Investing - Theory, News & General
Topic: WSJ: Sometimes, It’s Bonds For the Long Run
Replies: 72
Views: 5943

Re: WSJ: Sometimes, It’s Bonds For the Long Run

So beating stocks 25% of the time is enough to say, "Bonds for the long run"? Interesting it seems his evidence points MORE to believing in stocks for the long run. IF his data is correct (another issue is why does Dr. Seigel and him have very different data) then we can now indirectly quantify the ...
by staythecourse
Sat Nov 03, 2018 8:20 am
Forum: Investing - Theory, News & General
Topic: Name the Top 5 investment books you've read
Replies: 46
Views: 11051

Re: Name the Top 5 investment books you've read

OP, My recommendation, if you are giving a book to someone who has never read about personal finance and/ or who has no interest up to this point I would NOT intimidate them with many of the excellent books mentioned on this thread. I would recommend Mr. Roth's book "How a second grader beat wall st...
by staythecourse
Sat Nov 03, 2018 8:15 am
Forum: Investing - Theory, News & General
Topic: Name the Top 5 investment books you've read
Replies: 46
Views: 11051

Re: Name the Top 5 investment books you've read

These are standard recs. Easy: Mr. Bogle's edition to the "Little book series" and Mr. Roth's "How a second grader beat wall street" Intermediate: Mr. Ferri, "AAAA", Dr. Bernstein "Intelligent asset allocator", and Mr. Gibson "Asset allocation", MR. Bogle's "Common Sense- 10 year anniversary edition...
by staythecourse
Sat Nov 03, 2018 7:43 am
Forum: Investing - Help with Personal Investments
Topic: My Grandmother has 80% stocks
Replies: 55
Views: 5252

Re: My Grandmother has 80% stocks

Not to be morbid, but she is likely to pass away in the next 10 years and 84 year olds are not traveling the world or buying new cars so doubtful she is going to outlive her money. Let he do what she wants as she seems to understand better then most about investing. Heck, she at 84 is talking about ...
by staythecourse
Fri Nov 02, 2018 7:30 pm
Forum: Personal Finance (Not Investing)
Topic: First time home buyer - gut check
Replies: 54
Views: 7032

Re: First time home buyer - gut check

My advice is unless you are both settled in your current gigs AND have kids that are or close to be school age AND have decided where you want to live long term (>10 years) then don't feel you have to buy anything. In my opinion, there is nothing better then owning your own house (I've rented before...
by staythecourse
Fri Nov 02, 2018 7:19 pm
Forum: Investing - Theory, News & General
Topic: Diversification Regret
Replies: 114
Views: 13056

Re: Diversification Regret

My view is that regret-averse investors are possibly much better served by being encouraged to use a single balanced fund (like target date funds or Vanguard's LifeStrategy funds) rather than an unbundled collection of individual funds. Balanced fund investors are not necessarily immune from feelin...
by staythecourse
Fri Nov 02, 2018 7:12 pm
Forum: Investing - Help with Personal Investments
Topic: Have my first busted trades today
Replies: 33
Views: 3188

Re: Have my first busted trades today

I really don't understand why anyone uses ETF's for long term investing. With mutual funds you just put in orders before the deadline and the next day they have happened. No need to worry about bid/ask spreads (which i cant imagine are very significant). With mutual funds you do give up some certai...
by staythecourse
Fri Nov 02, 2018 4:28 pm
Forum: Investing - Theory, News & General
Topic: Brett Arends: Here's a simple way to beat a bear market
Replies: 38
Views: 5207

Re: Brett Arends: Here's a simple way to beat a bear market

Agree completely IF one knows when the market will go south and stay south AND when it starts coming back up. His plan does not work if the market keeps going down when you are DCA. Good luck. Actually it works well if market is going down while you are DCA No it doesn't. It only works if the marke...
by staythecourse
Fri Nov 02, 2018 4:27 pm
Forum: Investing - Theory, News & General
Topic: David Swensen Unconventional Success
Replies: 99
Views: 8704

Re: David Swensen Unconventional Success

I was a diehard fan of Swensen and implemented his portfolio for 15+ years and CONSISTENTLY UNDER PERFORMED the 3 fund portfolio BY A STAGGERING 200% over 15 years. Few years ago I redid my portfolio in a simple 2 fund format - Total stock market + Intermediate Bonds. Swensen is outdated, as is his...
by staythecourse
Fri Nov 02, 2018 12:20 pm
Forum: Investing - Theory, News & General
Topic: Diversification Regret
Replies: 114
Views: 13056

Re: Diversification Regret

I am a novice investor so some of this is esoteric for me. What is the takeaway from this in one sentence that a novice investor can understand? No problem. This means do not use Sp500 as your benchmark unless you are 100% large cap U.S. stocks. Anything other then that means you are using an inapp...
by staythecourse
Fri Nov 02, 2018 12:17 pm
Forum: Investing - Theory, News & General
Topic: Diversification Regret
Replies: 114
Views: 13056

Re: Diversification Regret

Excellent post. Your "diversification regret" is basically the "frame of reference risk" folks talk about. I have NO CLUE why folks follow popular benchmarks like the sp500. I never did when I started investing and I still don't. It makes it seem to the investor they are doing something wrong when t...