Search found 5822 matches

by staythecourse
Mon Sep 24, 2018 8:50 am
Forum: Investing - Help with Personal Investments
Topic: Emotional Investor - I'm a mess and need help!
Replies: 70
Views: 4140

Re: Emotional Investor - I'm a mess and need help!

Glad to hear you speak up. In reality, my advice is to figure out your short term (within 2 years), intermediate (5-6 years), and long term goals (10+) professionally (money for any more startup ideas) and personally (monthly expenses, house, retirement, kid costs, etc...). Then find a NEW adviser. ...
by staythecourse
Sun Sep 23, 2018 8:21 am
Forum: Investing - Theory, News & General
Topic: How do you define your success in our life, career and job?
Replies: 25
Views: 1716

Re: How do you define your success in our life, career and job?

Great thread. In my opinion, success in life is knowing when you die you have loved the folks close to you and know they have loved you. Success in life and career is all about doing whatever it takes to accomplish the first sentence above. NO ONE remembers what anyone really accomplishes in life. T...
by staythecourse
Sat Sep 22, 2018 7:05 pm
Forum: Personal Finance (Not Investing)
Topic: 6 Month Update: Buying a House Right Before Baby
Replies: 11
Views: 1447

Re: 6 Month Update: Buying a House Right Before Baby

Thanks for the update. I would like to highlight for others the take home is IF you are self employed it is a federal law that income is not counted in relation to determining the income part of your debt to income ratio (DTI) until you have 2 years worth of tax report. Good luck. Yes, I learned th...
by staythecourse
Sat Sep 22, 2018 6:59 pm
Forum: Personal Finance (Not Investing)
Topic: 6 Month Update: Buying a House Right Before Baby
Replies: 11
Views: 1447

Re: 6 Month Update: Buying a House Right Before Baby

Thanks for the update.

I would like to highlight for others the take home is IF you are self employed it is a federal law that income is not counted in relation to determining the income part of your debt to income ratio (DTI) until you have 2 years worth of tax report.

Good luck.
by staythecourse
Sat Sep 22, 2018 11:26 am
Forum: Investing - Theory, News & General
Topic: What book by Keynes is Mr Bogle referring to here?
Replies: 12
Views: 852

Re: What book by Keynes is Mr Bogle referring to here?

In his "Little Book of Common Sense Investing", Mr. Bogle quotes saying: ... To understand why past returns do not foretell the future, we need only heed the words of the great British economist John Maynard Keynes, written 70 years ago: “It is dangerous . . . to apply to the future inductive argum...
by staythecourse
Thu Sep 20, 2018 7:50 pm
Forum: Investing - Theory, News & General
Topic: Tail Risk Protection
Replies: 15
Views: 1351

Re: Tail Risk Protection

hdas wrote:
Wed Aug 08, 2018 9:52 am
Kindly abstain from unsubstantiated opinions or on liner bogle-truisms.
Nothing to add just had a chuckle at what think was meant as one liner bogle-truism. Might have to steal that one.

Good luck.
by staythecourse
Thu Sep 20, 2018 5:54 pm
Forum: Investing - Theory, News & General
Topic: When people put all their eggs in the wrong basket
Replies: 245
Views: 48086

Re: When people put all their eggs in the wrong basket

Much thanks to whoever bumped this thread. It is so important for all (novice and experienced) investors to keep in mind we spend forever discussing the periphery of intelligent investing, but seeing threads like this reminds us of what is really important. Also, it is important to see my definition...
by staythecourse
Thu Sep 20, 2018 5:36 pm
Forum: Investing - Theory, News & General
Topic: Is there any active forums/BBS grouping up non-Bogleheads?
Replies: 14
Views: 1239

Re: Is there any active forums/BBS grouping up non-Bogleheads?

Browse r/investing for people who think you should read Paul Merriman and allocate 100% small cap value. Is that a terrible thing? If one passively invests all their money into a small cap value index fund with low fees do you really think their investment plan would blow up in their face? My answe...
by staythecourse
Thu Sep 20, 2018 9:39 am
Forum: Personal Consumer Issues
Topic: Did you really have something to retire to?
Replies: 133
Views: 10993

Re: Did you really have something to retire to?

Kudos to those who have stuff to retire to. Every vacation I have taken by end of the 5th day I miss work. That is why likely will work forever in some capacity. I run my own practice so don't have a boss so no issue with office politics to run away from either. I like seeing my patients and would h...
by staythecourse
Thu Sep 20, 2018 9:05 am
Forum: Investing - Help with Personal Investments
Topic: It seems simplke bot of course not! Benchmarking ...
Replies: 14
Views: 724

Re: It seems simplke bot of course not! Benchmarking ...

Each fund in your 401(k) has an appropriate benchmark noted in its fact sheet or its prospectus. So your first step is to identify that benchmark. Then find out the performance of each benchmark for the time period you want to look it. You also need to find out the performance of each of your funds...
by staythecourse
Thu Sep 20, 2018 8:34 am
Forum: Investing - Theory, News & General
Topic: In defense of Hedge Funds
Replies: 19
Views: 1039

Re: In defense of Hedge Funds

How about survivorship bias? Good luck. Seems that's accounted for HFRI Asset Weighted Composite Index: The HFRI Asset Weighted Composite Index is a global, asset-weighted index comprised of over 1,500 single-manager funds that report to HFR Database. Constituent funds report monthly net of all fee...
by staythecourse
Wed Sep 19, 2018 6:32 pm
Forum: Investing - Theory, News & General
Topic: In defense of Hedge Funds
Replies: 19
Views: 1039

Re: In defense of Hedge Funds

How about survivorship bias?

Good luck.
by staythecourse
Wed Sep 19, 2018 5:38 pm
Forum: Investing - Theory, News & General
Topic: Convince a friend to go Boglehead
Replies: 17
Views: 988

Re: Convince a friend to go Boglehead

To be honest folks like this should NOT be handling their own money. They have no interest in it and are likely to hurt themselves MORE then giving it to a money guy to handle. The question then is can you convince him to use Vanguard or another low cost adviser? I was upset at Dr. Bernstein for say...
by staythecourse
Tue Sep 18, 2018 6:57 pm
Forum: Personal Consumer Issues
Topic: Dental work and hypertension issue
Replies: 42
Views: 3291

Re: Dental work and hypertension issue

It seems this has NOTHING to do with dental work, HTN, or insurance. It is an issue of business practice. If they say that is their policy, well it is their policy. Does it make sense on a medical perspective? Probably not. But it doesn't matter. Your options: 1. Find another dentist who doesn't car...
by staythecourse
Tue Sep 18, 2018 6:52 pm
Forum: Investing - Theory, News & General
Topic: "Warren Buffett and Jack Bogle agree on the formula for long-term success: 'Buy and hold' "
Replies: 6
Views: 987

Re: "Warren Buffett and Jack Bogle agree on the formula for long-term success: 'Buy and hold' "

Taylor probably has a long list of "gems" on the subject, but I think I'll add what Jeremy Siegel has said in Stocks for the Long Run 5/E . The boldfacing is mine. These are from chapter 15, "Stocks and the Business Cycle." If you can predict the business cycle, you can beat the buy-and-hold strate...
by staythecourse
Tue Sep 18, 2018 6:08 pm
Forum: Personal Consumer Issues
Topic: What is your single most expensive mistake?
Replies: 211
Views: 14180

Re: What is your single most expensive mistake?

Just a couple days ago I lost my car key, without having a spare one. What's worse, I know the key was picked up by some one living by, which means I couldn't leave car lock unchanged. This single one mistake cost me: 1. $300 - called Locksmith to open the door and make a programmed key, and 2. $50...
by staythecourse
Tue Sep 18, 2018 5:51 pm
Forum: Personal Finance (Not Investing)
Topic: Concrete company refusing to lower bill
Replies: 22
Views: 1882

Re: Concrete company refusing to lower bill

I designed and built our house a couple of years ago. I can tell you ALL that matters is what is in writing. Pure and simple. They will turn the story that best suits them just like you will do even with presenting the story here on this forum (it is human nature). That is why all that matters is wh...
by staythecourse
Tue Sep 18, 2018 4:24 pm
Forum: Personal Consumer Issues
Topic: Inexpensive source for greeting cards?
Replies: 27
Views: 1492

Re: Inexpensive source for greeting cards?

Dollar store best deal. 2 cards for $1. Buy my wife's Valentines day card and birthday card from there (they are just 2 months apart). Only surprise is she hasn't left me yet!

Good luck.
by staythecourse
Tue Sep 18, 2018 9:12 am
Forum: Investing - Theory, News & General
Topic: Unchanging opinions
Replies: 25
Views: 2186

Re: UNCHANGING OPINIONS

I'm not shocked. It has to be this way. We make too many decisions on a daily basis to constantly reevaluate them every time some new bit of information becomes available. JT Agreed. My wife is an oncologist (cancer doctor) and it is AMAZING how true this is in their clinical practice. They can be ...
by staythecourse
Mon Sep 17, 2018 3:15 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Precious Metals and Mining Fund is changing
Replies: 77
Views: 8914

Re: Vanguard Precious Metals and Mining Fund is changing

Wow that is about as random of a change as you can get. They have been changing for some time to be more mining then precious metals, but this change makes it a COMPLETELY different fund. I would not be happy if I owned the fund. Likely, the 25% that is still PM and M is the MINIMUM for the fund to...
by staythecourse
Mon Sep 17, 2018 3:12 pm
Forum: Investing - Theory, News & General
Topic: Four International ETFs that are better diversifiers than VXUS
Replies: 28
Views: 2173

Re: Four International ETFs that are better diversifiers than VXUS

I've talked about this on this forum several times. I think i great addition to the 3 fund would be kicking out total international and adding a small value international. If one has total stock market or sp 500 I don't see a big advantage of adding another large cap dominated fund even if it is int...
by staythecourse
Mon Sep 17, 2018 10:31 am
Forum: Investing - Theory, News & General
Topic: Vanguard Precious Metals and Mining Fund is changing
Replies: 77
Views: 8914

Re: Vanguard Precious Metals and Mining Fund is changing

Wow that is about as random of a change as you can get. They have been changing for some time to be more mining then precious metals, but this change makes it a COMPLETELY different fund. I would not be happy if I owned the fund. Likely, the 25% that is still PM and M is the MINIMUM for the fund to ...
by staythecourse
Mon Sep 17, 2018 9:59 am
Forum: Personal Consumer Issues
Topic: a low grade in a 9th-grade test
Replies: 44
Views: 3328

Re: a low grade in a 9th-grade test

First, kudos for having the foresight to consider all your options when you encounter a problem. That is FAR more valuable skill set then what you get in any one subject. To answer your question back to you is why did you get a D in the first place? Presumbably, it wasn't because you were a slacker....
by staythecourse
Mon Sep 17, 2018 9:29 am
Forum: Investing - Help with Personal Investments
Topic: (No Savings) *Everything* in S&P 500?
Replies: 33
Views: 3790

Re: (No Savings) *Everything* in S&P 500?

Of course, he doesn't mind being 100% sp500. Outside of when he started investing when he had no money at stake the market has ONLY gone up. Would he have said the same thing if he started in 2000 through 2010 when the return was flat? I doubt it. The only real issue I have is what about an EF? Ther...
by staythecourse
Sun Sep 16, 2018 1:45 pm
Forum: Personal Finance (Not Investing)
Topic: 38% pay cut for dream job?
Replies: 61
Views: 5124

Re: 38% pay cut for dream job?

Do it. You have one life. Make the most of it. Here is the issue. It is YOUR life, but your decision will affect up to 3 more people so it is not that quick of a decision. What does your wife think? She will likely be a stay at home mom in some random country (unlikely they will give a newbie anywh...
by staythecourse
Sun Sep 16, 2018 12:36 pm
Forum: Personal Consumer Issues
Topic: Embarking on a large-scale home update
Replies: 26
Views: 1310

Re: Embarking on a large-scale home update

The main issue you have not discussed that will basically answer all your questions of timing the project is do you have the money to do it all now? To answer that question you will have to get it sourced out. To do that it would be very time consuming and likely would still miss a lot of important...
by staythecourse
Sun Sep 16, 2018 10:46 am
Forum: Personal Consumer Issues
Topic: Embarking on a large-scale home update
Replies: 26
Views: 1310

Re: Embarking on a large-scale home update

The main issue you have not discussed that will basically answer all your questions of timing the project is do you have the money to do it all now? To answer that question you will have to get it sourced out. To do that it would be very time consuming and likely would still miss a lot of important ...
by staythecourse
Sat Sep 15, 2018 8:16 am
Forum: Personal Finance (Not Investing)
Topic: If you're FI, or close to FI, are still fighting to climb the Corp. Ladder?
Replies: 118
Views: 11105

Re: If you're FI, or close to FI, are still fighting to climb the Corp. Ladder?

I don't think you should poo poo those that are ambitious at work even it is just to make more money to buy material things. Its great folks are out there that are like that otherwise no one would be gung ho of getting stuff done at work to impress others. I do agree that my drive at work has decrea...
by staythecourse
Fri Sep 14, 2018 4:47 pm
Forum: Personal Finance (Not Investing)
Topic: Single Family Homes in Chicago?
Replies: 28
Views: 2870

Re: Single Family Homes in Chicago?

Any kids? If so are you thinking public or private? That will make a BIG difference of your available areas.

Good luck.
by staythecourse
Thu Sep 13, 2018 8:00 pm
Forum: Personal Finance (Not Investing)
Topic: New construction: financing fell through, builder won't return deposit/earnest $
Replies: 43
Views: 4868

Re: New construction: financing fell through, builder won't return deposit/earnest $

We tried to build a brand new home with the same builder in order to make use of the existing deposit. In the end we couldn't agree on a price and we ended up buying a pre-built home from a different builder. I have since found a flat-fee attorney to do the following for $750: - Review the contract...
by staythecourse
Thu Sep 13, 2018 3:12 pm
Forum: Personal Consumer Issues
Topic: How to determine quality of a finished new construction home
Replies: 45
Views: 2926

Re: How to determine quality of a finished new construction home

Thanks everyone for the feedback. I do plan to hire an independent home inspector at some point but isn't that typically done after an offer has been accepted but before closing since it can be costly? The home is a flipped home and not part of a community. The builder essentially purchased a lot f...
by staythecourse
Thu Sep 13, 2018 1:02 pm
Forum: Personal Consumer Issues
Topic: How to determine quality of a finished new construction home
Replies: 45
Views: 2926

Re: How to determine quality of a finished new construction home

I designed our newly built house a few years ago. My suggestion, Find out who built it and ask folks in the "community" about their reputation. If you don't know folks in the construction community then find out other houses they have built around 5-10 years ago and find out from the owners if there...
by staythecourse
Wed Sep 12, 2018 12:11 pm
Forum: Investing - Theory, News & General
Topic: [A Boglehead explains the simplest way to manage your money - alternative viewpoint]
Replies: 45
Views: 4515

Re: [A Boglehead explains the simplest way to manage your money - alternative viewpoint]

Everyone should do what they want, but will say there is a DEFINITE cult mentality on this forum. Just because you like the 3 fund and you follow it does NOT make it the ten commandments. Confirmation bias is HUGE on this very forum and would warn EVERY investor from falling into such a trap. The mo...
by staythecourse
Tue Sep 11, 2018 12:51 pm
Forum: Investing - Theory, News & General
Topic: Matter/Scatter appendix: notes on methodology
Replies: 27
Views: 1651

Re: Matter/Scatter appendix: notes on methodology

Nisi,

As usual excellent work. I have not had a chance to delve deep into your new line of threads like this one, but look forward once my kids and wife leave me alone for a weekend (which will likely be never :D )

Good luck.
by staythecourse
Mon Sep 10, 2018 8:08 am
Forum: Personal Consumer Issues
Topic: Advice on how to deal with barking dogs
Replies: 59
Views: 5092

Re: Advice on how to deal with barking dogs

Okay a BIG bet peeve of mine are neighbors who do not care about noise and how it affects their neighbors. Me, personally, I would call the local police and find out the laws on sound ordinances in your area. Find out the best approach to it from them. Going through option B seems the most reasonabl...
by staythecourse
Sun Sep 09, 2018 11:35 am
Forum: Investing - Theory, News & General
Topic: QSPIX - thoughts on interesting fund
Replies: 1435
Views: 206339

Re: QSPIX - thoughts on interesting fund

" We are trying to create more efficient portfolios by diversifying away from the market factor." Dave: Who are " we ?" Are you associated with with Larry Swedroe? I notice you are often first to introduce Larry's writings? Thank you and best wishes. Taylor I'm sorry that is was not appropriate. It...
by staythecourse
Sun Sep 09, 2018 10:27 am
Forum: Investing - Theory, News & General
Topic: Commodities have never been cheaper - time to buy?
Replies: 46
Views: 4966

Re: Commodities have never been cheaper - time to buy?

If one is going to invest in commodities one needs to understand what they are investing with CCF. There are 3 sources of return (spot price of commodity, roll return, and the margin). Spot price of commodities are basically inflation. Margin is the return of 30 day treasury usually. So both those r...
by staythecourse
Sun Sep 09, 2018 10:16 am
Forum: Investing - Theory, News & General
Topic: Myth Busting on Index Funds
Replies: 16
Views: 4051

Re: Myth Busting on Index Funds

Mr. Swedroe, Excellent article as usual. Of all the great arguments against active management in my mind is the "proof in the pudding" graph of Mr. Ferri in "Power of Passive Investing". It is a very simple graph showing how many funds of ALL the funds (360 or so) available to invest when Mr. Bogle ...
by staythecourse
Sun Sep 09, 2018 8:59 am
Forum: Investing - Theory, News & General
Topic: Why Bull Markets Are Dangerous
Replies: 152
Views: 16954

Re: Why Bull Markets Are Dangerous

Mr. Ferri,

The most amazing part of your story is your parent actually listened to you. In my experience no matter how successful you are your parent always treats you like an idiot. Being an accomplished author must help though. :D

Good luck.
by staythecourse
Thu Sep 06, 2018 8:56 am
Forum: Investing - Help with Personal Investments
Topic: Psychology of saving for college vs retirement
Replies: 66
Views: 3939

Re: Psychology of saving for college vs retirement

So ... have we come to the conclusion yet that 529 plans are scams to only be used by the wealthy? They have been set in place by wealthy politicians lobbied by the financial services industry. And other means of paying for college have been suppressed? For instance, when more education tax credits...
by staythecourse
Wed Sep 05, 2018 9:09 am
Forum: Investing - Theory, News & General
Topic: Playing with Callan's periodic tables of investment returns
Replies: 81
Views: 6645

Re: Playing with Callan's periodic tables of investment returns

Can the periodic table reflect more of all the MAJOR subasset classes and not the granular country or cap size subassets? I think a quilt of: sp500, russell 2000v, EAFE, EM, TIPS, TBM, Tinternational bonds, cash, gold, commodities (CCF), REITS, etc... would be the most useful represented over the l...
by staythecourse
Tue Sep 04, 2018 8:30 pm
Forum: Personal Finance (Not Investing)
Topic: Sell our new home to downsize
Replies: 37
Views: 3421

Re: Sell our new home to downsize

Correct poor choice in the first place, but that is under the bridge. Agreed your analysis seems reasonable. Start getting going and look at comps. and figure out if it is a good financial decision. Keep in mind capital gains exemption is 2 years in current residence so best to try to set up for sal...
by staythecourse
Tue Sep 04, 2018 7:17 pm
Forum: Investing - Theory, News & General
Topic: Playing with Callan's periodic tables of investment returns
Replies: 81
Views: 6645

Re: Playing with Callan's periodic tables of investment returns

Sorry if I am repeating as I am late to the party and too lazy to read the other replies. Can the periodic table reflect more of all the MAJOR subasset classes and not the granular country or cap size subassets? I think a quilt of: sp500, russell 2000v, EAFE, EM, TIPS, TBM, Tinternational bonds, cas...
by staythecourse
Tue Sep 04, 2018 3:57 pm
Forum: Personal Consumer Issues
Topic: Blogs,resources, or tips for busy professional parents?
Replies: 12
Views: 821

Re: Blogs,resources, or tips for busy professional parents?

Love to see folks add to this thread... I've got to 2 toddlers and my wife and I both work. What we have done is: Hire a cleaner (we do it once/ week, but maybe ?twice/ month). We get Home Chef for meals. We buy EVERYTHING we need from Amazon Prime (cuts on shopping times). We try to plan everything...
by staythecourse
Tue Sep 04, 2018 3:42 pm
Forum: Personal Finance (Not Investing)
Topic: Talk me out of buying a house
Replies: 28
Views: 2412

Re: Talk me out of buying a house

You are also unmarried and only 31 years old. If/when you get a spouse, where you want to live should be a decision you make together. I tend to agree. What NEED is there for a single person to buy a SFH even a small one let alone one on 5 acres? You don't need the room. You don't need the school s...
by staythecourse
Mon Sep 03, 2018 6:45 pm
Forum: Investing - Help with Personal Investments
Topic: What's wrong with putting most of my money into two stocks: Alphabet and Amazon?
Replies: 79
Views: 3151

Re: What's wrong with putting most of my money into two stocks: Alphabet and Amazon?

If putting your money in Alphabet and Amazon is something that you feel strongly about, do it. The best lessons in life are learned the hard way. I hope it turns out well. Correct. I tell this to my own toddlers. You tell them the logic and if they still don't want to learn BEFORE hand then they ha...
by staythecourse
Mon Sep 03, 2018 4:28 pm
Forum: Investing - Help with Personal Investments
Topic: What's wrong with putting most of my money into two stocks: Alphabet and Amazon?
Replies: 79
Views: 3151

Re: What's wrong with putting most of my money into two stocks: Alphabet and Amazon?

If putting your money in Alphabet and Amazon is something that you feel strongly about, do it. The best lessons in life are learned the hard way. I hope it turns out well. Correct. I tell this to my own toddlers. You tell them the logic and if they still don't want to learn BEFORE hand then they ha...
by staythecourse
Mon Sep 03, 2018 11:19 am
Forum: Investing - Theory, News & General
Topic: If the market is so hard to beat, why did a rapper beat it by 40%?
Replies: 61
Views: 3545

Re: If the market is so hard to beat, why did a rapper beat it by 40%?

Not sure if it has been mentioned above, but where is the proof any of this is accurate? Does he have transaction pages he submitted proving the claim? I remember just of the top of my head a private school high schooler in New York who claimed he made millions in the market to be found he lied. I ...
by staythecourse
Mon Sep 03, 2018 10:46 am
Forum: Investing - Theory, News & General
Topic: If the market is so hard to beat, why did a rapper beat it by 40%?
Replies: 61
Views: 3545

Re: If the market is so hard to beat, why did a rapper beat it by 40%?

Not sure if it has been mentioned above, but where is the proof any of this is accurate? Does he have transaction pages he submitted proving the claim? I remember just of the top of my head a private school high schooler in New York who claimed he made millions in the market to be found he lied. I a...
by staythecourse
Wed Aug 29, 2018 6:15 pm
Forum: Investing - Theory, News & General
Topic: Most commonly misused/misunderstood investing terms and concepts (on BH forum)
Replies: 220
Views: 11268

Re: Most commonly misused/misunderstood investing terms and concepts (on BH forum)

Thank you for digging into that, this is interesting. And it matches the way I always interpreted it: short-term past results do not predict future short-term performance Then it makes sense. But when it's generalized to a variation of 'nobody knows nothing', I cringe. Ignore history at your peril ...