Search found 6163 matches

by staythecourse
Tue Dec 18, 2018 1:06 pm
Forum: Investing - Theory, News & General
Topic: How to take advantage of market big swing?
Replies: 6
Views: 249

Re: How to take advantage of market big swing?

I have set up a target AA (60/40). I will stick with it. The market is recently act very volatile, sometimes +-2% day before and after. I am rebalance whenever there is >2% swing but still keep a large % in cash and bond. I would think 2019 would be same as volatile. Why do you think 2019 will be a...
by staythecourse
Tue Dec 18, 2018 12:32 pm
Forum: Investing - Theory, News & General
Topic: How to take advantage of market big swing?
Replies: 6
Views: 249

Re: How to take advantage of market big swing?

I have set up a target AA (60/40). I will stick with it. The market is recently act very volatile, sometimes +-2% day before and after. I am rebalance whenever there is >2% swing but still keep a large % in cash and bond. I would think 2019 would be same as volatile. Why do you think 2019 will be a...
by staythecourse
Tue Dec 18, 2018 12:27 pm
Forum: Personal Consumer Issues
Topic: Kid schooling - not learning much academically. Looking for suggestions.
Replies: 59
Views: 2441

Re: Kid schooling - not learning much academically. Looking for suggestions.

U.S.-educated people are often NOT the smartest, but often ARE the best at solving problems. I've been doing a bit of research of late on educational systems and the ONLY thing I know that U.S. kids lead in is overconfidence. Every study has said the same. It is possible that many of these great pr...
by staythecourse
Tue Dec 18, 2018 12:20 pm
Forum: Investing - Help with Personal Investments
Topic: Is anyone's portfolio not tanking???
Replies: 47
Views: 2288

Re: Is anyone's portfolio not tanking???

Hi all WIth the stock market going down.. I would guess that most people are getting hit. I have majority of my retirement investments with Vanguard (just a small amount with fidelity 80K and 53K with Mutual of American in a guaranteed 3% account) I just retired and trying not to take anything out ...
by staythecourse
Tue Dec 18, 2018 9:18 am
Forum: Personal Consumer Issues
Topic: Kid schooling - not learning much academically. Looking for suggestions.
Replies: 59
Views: 2441

Re: Kid schooling - not learning much academically. Looking for suggestions.

Same problem here. I have a 1st grader at a magnet elementary school and in top 20-30 in the state and it is pathetic what they are teaching. Her KG teacher was great they were doing addition by middle of year and introduced subtraction by end of year and nearly all knew how to read by end of year. ...
by staythecourse
Mon Dec 17, 2018 7:34 pm
Forum: Investing - Theory, News & General
Topic: "Warren Buffett suggests you read this 19th century poem when the market is tanking"
Replies: 25
Views: 3267

Re: "Warren Buffett suggests you read this 19th century poem when the market is tanking"

"The light can at any time go from green to red without pausing at yellow." The above is a snippet from the linked article and I think is really a great analogy we should keep in mind when it comes to investing. The rational/ intelligent investor would ASSUME that one should be able to tell when the...
by staythecourse
Mon Dec 17, 2018 10:39 am
Forum: Personal Consumer Issues
Topic: Has anyone used Heal? [Doctor housecall app]
Replies: 14
Views: 1062

Re: Has anyone used Heal? [Doctor housecall app]

Also, there is an urgent care office around every block so are you so sick you can't get up and walk around the corner? Nowhere near true in my area. 20 miles apart and very limited hours on Saturday none on Sunday. An insurance nurse line 24/7 can be of some help. The point is NOT if an urgent car...
by staythecourse
Mon Dec 17, 2018 9:52 am
Forum: Personal Consumer Issues
Topic: Has anyone used Heal? [Doctor housecall app]
Replies: 14
Views: 1062

Re: Has anyone used Heal? [Doctor housecall app]

Also, there is an urgent care office around every block so are you so sick you can't get up and walk around the corner? Nowhere near true in my area. 20 miles apart and very limited hours on Saturday none on Sunday. An insurance nurse line 24/7 can be of some help. The point is NOT if an urgent car...
by staythecourse
Sun Dec 16, 2018 1:42 pm
Forum: Investing - Theory, News & General
Topic: QSPIX - thoughts on interesting fund
Replies: 1594
Views: 220324

Re: QSPIX - thoughts on interesting fund

The expectation is that the fund will produce equity-like returns, but with about half the volatility of the market, but it's not OK for the rest of us to do it? For the more novice investors on this site this and lines LIKE this one is what I call the "holy grail" of investing. Many have talked ab...
by staythecourse
Sun Dec 16, 2018 9:20 am
Forum: Personal Consumer Issues
Topic: Potential New Home - Planes and Trains Noise
Replies: 35
Views: 2523

Re: Potential New Home - Planes and Trains Noise

The point should be kept in mind going forward the number of folks who purchase and DIE in their property is very small. So when one buys a property they should keep in mind the resale value. Having noise is probably the SINGLE biggest turnoff of a property outside of sales price and crime. So I wou...
by staythecourse
Sun Dec 16, 2018 9:16 am
Forum: Personal Consumer Issues
Topic: Nice gifts for young kids
Replies: 33
Views: 2539

Re: Nice gifts for young kids

Agree with magna tiles. My kids (6 and 3) still go back to it over and over again. Great for stimulating motor skills and imagination.

Good luck.
by staythecourse
Sat Dec 15, 2018 8:50 pm
Forum: Personal Finance (Not Investing)
Topic: Is this a good time to start paying extra on the mortgage?
Replies: 32
Views: 2034

Re: Is this a good time to start paying extra on the mortgage?

1. Selling near the bottom of a bull market is a sure way to lose money. 2. It requires courage, but NOT selling in a bear market has always rewarded investors with a profit. I have no where near the experience and wisdom of Taylor, but will echo these points based on my own observation. Also will ...
by staythecourse
Sat Dec 15, 2018 8:47 pm
Forum: Personal Consumer Issues
Topic: Has anyone used Heal? [Doctor housecall app]
Replies: 14
Views: 1062

Re: Has anyone used Heal? [Doctor housecall app]

My guess is the doctors they are getting are part time and toward the end of their career just wanting to make a few bucks while they are basically retired. No "real" doctor wants to work for some start up (unless they owned it) and definitely don't want to be driving around all day. That same docto...
by staythecourse
Sat Dec 15, 2018 8:38 pm
Forum: Personal Finance (Not Investing)
Topic: Is this a good time to start paying extra on the mortgage?
Replies: 32
Views: 2034

Re: Is this a good time to start paying extra on the mortgage?

1. Selling near the bottom of a bull market is a sure way to lose money. 2. It requires courage, but NOT selling in a bear market has always rewarded investors with a profit. I have no where near the experience and wisdom of Taylor, but will echo these points based on my own observation. Also will ...
by staythecourse
Sat Dec 15, 2018 8:30 pm
Forum: Personal Finance (Not Investing)
Topic: Is this a good time to start paying extra on the mortgage?
Replies: 32
Views: 2034

Re: Is this a good time to start paying extra on the mortgage?

Who says they have a crystal ball regarding the stock market? ALL the data has shown there are NO predictors of future returns of stock markets. All the data supports the autocorrelation of yearly returns of stock markets for large and small cap is ZERO. SO I think the appropriate answer would be th...
by staythecourse
Sat Dec 15, 2018 10:24 am
Forum: Personal Finance (Not Investing)
Topic: Obamacare (ACA) Ruled Unconstitutional by Texas Federal Court
Replies: 182
Views: 12798

Re: Obamacare Ruled Illegal by Texas Federal Court

Verma the head of CMS already tweeted out no changes will come for participants of the ACA for 2019 irregardless of what happens to this lawsuit. Believe the White House has said the same as well. So for now it is non issue for 2019. Good luck. I read her tweet. I understand that right now it does ...
by staythecourse
Sat Dec 15, 2018 9:04 am
Forum: Personal Finance (Not Investing)
Topic: Obamacare (ACA) Ruled Unconstitutional by Texas Federal Court
Replies: 182
Views: 12798

Re: Obamacare Ruled Illegal by Texas Federal Court

Verma the head of CMS already tweeted out no changes will come for participants of the ACA for 2019 irregardless of what happens to this lawsuit. Believe the White House has said the same as well.

So for now it is non issue for 2019.

Good luck.
by staythecourse
Sat Dec 15, 2018 9:03 am
Forum: Personal Finance (Not Investing)
Topic: Law school without practicing law
Replies: 80
Views: 5504

Re: Law school without practicing law

I am certain that lawyers get sued substantially less often than non-lawyers and probably even non-existent for frivolous lawsuits That's an interesting assertion. Do you have evidence to support it? Would love to hear if this is true. I do agree that having a letter to someone you are having frict...
by staythecourse
Sat Dec 15, 2018 8:33 am
Forum: Investing - Theory, News & General
Topic: Bonds stocks commodities etc all declining. What to do?
Replies: 7
Views: 775

Re: Bonds stocks commodities etc all declining. What to do?

What is your time horizon? If it is long term why do you care? Mr. Bogle came up with some poor advice of late about market timing (as far as I am concerned), but did give excellent advice in past about times like this. Paraphrasing he said, "Whenever folks are running around doing something the bes...
by staythecourse
Fri Dec 14, 2018 6:21 pm
Forum: Investing - Theory, News & General
Topic: Bloomberg commodities index still in contango
Replies: 96
Views: 8985

Re: Bloomberg commodities index still in contango

spot returns were slightly positive but close to zero- basically kept up with tbills which i guess are a proxy for inflation. but that small positive return was wiped away by negative roll return, presumably because commodity futures were in contango. Correct. 2 out of the 3 sources of returns on C...
by staythecourse
Fri Dec 14, 2018 4:57 pm
Forum: Investing - Help with Personal Investments
Topic: Selling Specific ID Shares at Vanguard
Replies: 13
Views: 804

Re: Selling Specific ID Shares at Vanguard

I just did this. In the Vanguard interface, there’s a drop down where you select cost basis to be used for the sale. If you set that to “Spec ID”, you’ll then get a list of your lots, with checkboxes next to each and a numeric entry field where you can enter how many shares from each lot you want t...
by staythecourse
Fri Dec 14, 2018 4:26 pm
Forum: Personal Consumer Issues
Topic: Is it difficult to change a baby's legal name?
Replies: 70
Views: 2832

Re: Is it difficult to change a baby's legal name?

Easy pick the one that has the nickname you like more. Do you want to call them Jimmy or Jim or Danny or Dan or J or D? The nickname is what you will say more often then the actual name.

Good luck.
by staythecourse
Thu Dec 13, 2018 7:09 pm
Forum: Personal Finance (Not Investing)
Topic: Do our savings rate habits change as we get older?
Replies: 16
Views: 1487

Re: Do our savings rate habits change as we get older?

My opinion is no. Those that save will continue to save. Those that don't usually don't. There are some that figure it out later in life and try to make up, but compounding or lack thereof is not forgiving. Either way it really is amazing how visceral saving or not, i.e. delayed gratification or not...
by staythecourse
Thu Dec 13, 2018 4:00 pm
Forum: Investing - Theory, News & General
Topic: Our mentor [Jack Bogle] advises to "buy bonds" for protection in current market
Replies: 61
Views: 5884

Re: Our mentor [Jack Bogle] advises to "buy bonds" for protection in current market

The "gotcha" cynicism of trying to paint Jack's advice as something untoward seems silly and a bit nasty. People do love their "gotcha" opportunities; especially on the Internet. I have no problem calling out Mr. Bogle or anyone else who says something contrary to what is accepted, in this case mar...
by staythecourse
Thu Dec 13, 2018 9:50 am
Forum: Investing - Theory, News & General
Topic: Our mentor [Jack Bogle] advises to "buy bonds" for protection in current market
Replies: 61
Views: 5884

Re: vanguard-founder-bogle-says-buy-bonds

I'll throw one of Mr. Bogle's better advice that fits any scenario... (paraphrasing) "When everyone is doing something the best thing is to stand there and do nothing". I think this is better advice then alter any long term portfolio due to some macroeconomic event that may or may not make a differ...
by staythecourse
Wed Dec 12, 2018 7:18 pm
Forum: Investing - Theory, News & General
Topic: Our mentor [Jack Bogle] advises to "buy bonds" for protection in current market
Replies: 61
Views: 5884

Re: Our mentor advises to "buy bonds" for protection in current market

Hmmm... sell stocks and buy bonds because a drop in stocks is coming ... sounds a heckuva lot like market timing to me. Not that that is always a bad idea, but it is heresy to most "Bogleheads." Mr. Bogle NEVER recommends market timing. However,he isn’t averse to valuation driven capital redeployme...
by staythecourse
Wed Dec 12, 2018 6:52 pm
Forum: Investing - Theory, News & General
Topic: Our mentor [Jack Bogle] advises to "buy bonds" for protection in current market
Replies: 61
Views: 5884

Re: Our mentor advises to "buy bonds" for protection in current market

Hmmm... sell stocks and buy bonds because a drop in stocks is coming ... sounds a heckuva lot like market timing to me. Not that that is always a bad idea, but it is heresy to most "Bogleheads." No it is market timing. Doesn't matter if it is Mr. Bogle or not. Market timing is a losers game. Even i...
by staythecourse
Wed Dec 12, 2018 6:46 pm
Forum: Investing - Theory, News & General
Topic: Our mentor [Jack Bogle] advises to "buy bonds" for protection in current market
Replies: 61
Views: 5884

Re: vanguard-founder-bogle-says-buy-bonds

I'll throw one of Mr. Bogle's better advice that fits any scenario... (paraphrasing) "When everyone is doing something the best thing is to stand there and do nothing". I think this is better advice then alter any long term portfolio due to some macroeconomic event that may or may not make a differe...
by staythecourse
Tue Dec 11, 2018 12:43 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 8783
Views: 1690866

Re: U.S. stocks in freefall

On the other hand: get used to it. The problem with the market is that just as you get used to it, it comes up with a new trick. Victoria There are only 3 things that market can do: - go up, - go down, - stay flat. I think getting used to all 3 does not take that much :) I agree. This plus realizin...
by staythecourse
Tue Dec 11, 2018 10:18 am
Forum: Personal Finance (Not Investing)
Topic: Who should be the owner of a 529 Plan for my nephew?
Replies: 14
Views: 1213

Re: Who should be the owner of a 529 Plan for my nephew?

Sounds obvious that your SIL is NOT an appropriate person to be running any of the finances. Make yourself owner and the beneficiary, of course, your nephew. The GREAT or BAD part of a 529 plan is it is the only place in the IRS world a completed gift is still controlled by the owner. In your situat...
by staythecourse
Mon Dec 10, 2018 9:14 am
Forum: Investing - Theory, News & General
Topic: Who is buying SCV, EM, Intl SC
Replies: 41
Views: 2661

Re: Who is buying SCV, EM, Intl SC

Where are the rebalancing robots when you need them. Who is brave enough to buy SCV, EM, INTL, and INTL SC, all down double digits or nearly there for the year. What about REIT and CCF? any takers. Is everyone busy buying bonds? all talk of factors but no action :shock: (Take it with a bit of humor...
by staythecourse
Sun Dec 09, 2018 11:56 am
Forum: Personal Consumer Issues
Topic: Teachers, Professors, and others with lots of vacation days: what do you do in the summer?
Replies: 49
Views: 4202

Re: Teachers, Professors, and others with lots of vacation days: what do you do in the summer?

Some of my colleagues choose to teach or do nothing, because they do not wish to be promoted to the next rank. It is not a myth. Is there anything in your contract that says you HAVE to do x, y, or z during months A, B, and C? If not, then you do get those months off. You and other CHOOSE to do ext...
by staythecourse
Sun Dec 09, 2018 9:17 am
Forum: Investing - Theory, News & General
Topic: You already own international stocks with VTSMX etc [Vanguard Total Stock Market]
Replies: 57
Views: 4711

Re: You already own international stocks with VTSMX etc

this JL Collins fellow seems to be popping up more and more on this forum over the last week. Maybe he has a book coming out and is starting a marketing push. Agreed. Can the mods look into this? If it is the author or someone connected to them posting these repeated quotes about this random indivi...
by staythecourse
Sun Dec 09, 2018 9:05 am
Forum: Personal Consumer Issues
Topic: Contractor draws during remodeling project
Replies: 25
Views: 2888

Re: Contractor draws during remodeling project

I’d go for no more than 50% up front on the cabinets, less if they except that, and the balance once delivered. Pay everything else as it’s completed (demolition, installation, etc.). All in writing of course. I think this is reasonable. What does your contract say? Mine was 1/3 of the project upfr...
by staythecourse
Sat Dec 08, 2018 1:33 pm
Forum: Investing - Help with Personal Investments
Topic: Best place for children’s money.
Replies: 17
Views: 1279

Re: Best place for children’s money.

Don't know if it matters, but 529 plans can be used for private school PRIOR to college as well.

Good luck.
by staythecourse
Sat Dec 08, 2018 11:09 am
Forum: Local Chapters and Bogleheads Community
Topic: December 9 DC Bogleheads Meeting with Stephen Goss, Chief Actuary of Soc Security
Replies: 28
Views: 3354

Re: December 9 DC Bogleheads Meeting with Stephen Goss, Chief Actuary of Soc Security

I've seen a preliminary version of the slides for the presentation and they appear very informative. It will up to Stephen as to whether the slides can be uploaded to Bogleheads after the meeting. The slides will not be uploaded before the meeting. If you don't mind asking him would be much appreci...
by staythecourse
Sat Dec 08, 2018 11:08 am
Forum: Personal Finance (Not Investing)
Topic: Any way to trade land without paying taxes or exchanging funds?
Replies: 19
Views: 1429

Re: Any way to trade land without paying taxes or exchanging funds?

Just consider it a gift and report it to the IRS. Likely well within your lifetime maximum gift allowance. How can you consider it a gift when it is in exchange for valuable consideration? Gill Correct. A GIFT by definition by IRS standards means you are giving something of monetary value and NOT r...
by staythecourse
Sat Dec 08, 2018 9:23 am
Forum: Personal Finance (Not Investing)
Topic: Any way to trade land without paying taxes or exchanging funds?
Replies: 19
Views: 1429

Re: Any way to trade land without paying taxes or exchanging funds?

Just consider it a gift and report it to the IRS. Likely well within your lifetime maximum gift allowance. How can you consider it a gift when it is in exchange for valuable consideration? Gill Correct. A GIFT by definition by IRS standards means you are giving something of monetary value and NOT r...
by staythecourse
Sat Dec 08, 2018 9:10 am
Forum: Investing - Theory, News & General
Topic: Do long-term bonds belong in one's portfolio?
Replies: 162
Views: 8287

Re: Do long-term bonds belong in one's portfolio?

The key to analyze this would be to look at the period of 1940-s-1970's. That was a period that started with low inflation (thus low coupon rate) and inflation slowly increased. One can NOT look at the most recent period of 1970's to up to recent as it started with HIGH inflation (high interest rate...
by staythecourse
Thu Dec 06, 2018 6:38 pm
Forum: Investing - Help with Personal Investments
Topic: Moved on from a FA. Do I respond?
Replies: 17
Views: 1828

Re: Moved on from a FA. Do I respond?

What is the problem with his email? Seems reasonable to me. Heck, I am impressed he got you 11% returns considering everything seems flat to negative this year. Seems like a reasonable email to your email. Best not to respond as there is no point and NOT because he wrote anything wrong. Good luck.
by staythecourse
Thu Dec 06, 2018 1:51 pm
Forum: Investing - Help with Personal Investments
Topic: Solid my entire portfolio 12/3/18
Replies: 49
Views: 8495

Re: Solid my entire portfolio 12/3/18

In preparation for moving to a simpler "lazy portfolio" style of investing I sold everything in my retirement portfolio on 12/3/18. So I am now 100% cash. Got a little lucky on the timing, but now I need to figure out when to get back in. With the huge drop in the DOW looks like it would be a good ...
by staythecourse
Thu Dec 06, 2018 1:41 pm
Forum: Investing - Theory, News & General
Topic: Who else is getting excited? [about the market]
Replies: 145
Views: 12666

Re: Who else is getting excited?

Folk's overconfidence or lack of insight or both of their job security in a bear market is truly outstanding. Unless your a doctor married to a doctor (which I am) I would not be so confident you will have a job if/ when the market continues to go south. Many folks would LOVED to have bought in 2008...
by staythecourse
Wed Dec 05, 2018 6:25 pm
Forum: Investing - Help with Personal Investments
Topic: In a Bear Market, What Are Some Best Practices
Replies: 53
Views: 6931

Re: In a Bear Market, What Are Some Best Practices

Best practice in a bear market? 1. Don't get fired. 2. If you can't control no. 1 then have a good EF (1 year) and keep it liquid and principle stable. 3. Get a good hobby that doesn't involve watching the financial news because every day will be about the world collapsing unless you do x, y, or z....
by staythecourse
Wed Dec 05, 2018 5:29 pm
Forum: Investing - Help with Personal Investments
Topic: In a Bear Market, What Are Some Best Practices
Replies: 53
Views: 6931

Re: In a Bear Market, What Are Some Best Practices

Best practice in a bear market? 1. Don't get fired. 2. If you can't control no. 1 then have a good EF (1 year) and keep it liquid and principle stable. 3. Get a good hobby that doesn't involve watching the financial news because every day will be about the world collapsing unless you do x, y, or z. ...
by staythecourse
Wed Dec 05, 2018 1:20 pm
Forum: Investing - Theory, News & General
Topic: Big endowments don't beat simple 60/40 over 10 yrs.
Replies: 25
Views: 3190

Re: Big endowments don't beat simple 60/40 over 10 yrs.

Why wasn't this quote the one that made the headline? Good point,, but the next sentence is MORE useful in regards to the outperformance being from PE and VC. If true then it is a nonstarter for retail investors as they don't even have access to that space. Interesting, there is actually no way an ...
by staythecourse
Wed Dec 05, 2018 8:04 am
Forum: Investing - Theory, News & General
Topic: Big endowments don't beat simple 60/40 over 10 yrs.
Replies: 25
Views: 3190

Re: Big endowments don't beat simple 60/40 over 10 yrs.

Why wasn't this quote the one that made the headline? The news wasn’t all bad for the Ivy endowments. Though the endowments didn’t beat a plain-vanilla portfolio over ten years, they did outpace it when looked at over the most recent 15-year period on an annualized basis. Good point,, but the next ...
by staythecourse
Tue Dec 04, 2018 8:20 pm
Forum: Local Chapters and Bogleheads Community
Topic: LadyGeek -- the next 10K poster!
Replies: 39
Views: 5380

Re: LadyGeek -- the next 10K poster!

LadyGeek wrote:
Tue Dec 04, 2018 8:19 pm
Thanks! FYI - Barry Barnitz is bumping a 2013 thread.
DOH!

Good luck.
by staythecourse
Tue Dec 04, 2018 7:54 pm
Forum: Local Chapters and Bogleheads Community
Topic: LadyGeek -- the next 10K poster!
Replies: 39
Views: 5380

Re: LadyGeek -- the next 10K poster!

And I was just getting ready to contact you independently to let you know that I appreciate your level-headed moderator skills! Congratulations. Please keep up the good work. It is truly appreciated. Artsdoctor Agreed. The level of appropriate moderation on this board is really appreciated keping t...
by staythecourse
Tue Dec 04, 2018 5:37 pm
Forum: Personal Consumer Issues
Topic: Anyone else not enjoy going out?
Replies: 68
Views: 12014

Re: Anyone else not enjoy going out?

I thought I was the only one. I HATE going out just to go out and hand out with folks I don't really enjoy. Love to go out with my wife and hang out with couple friends we really are friends with. Luckily for me my wife is slowly becoming a house body herself so I have more then enough company. Good...
by staythecourse
Tue Dec 04, 2018 4:40 pm
Forum: Investing - Help with Personal Investments
Topic: Can a three fund portfolio beat a fool?
Replies: 47
Views: 2899

Re: Can a three fund portfolio beat a fool?

I'm of the opinion I can't beat anyone at investing, that's why I follow this forum. This is an excellent point for the less experienced investors to keep in mind. The idea should be unless one thinks they can produce positive alpha AFTER fees AFTER taxes and AFTER inflation for even 1/2 of an inve...