Search found 5284 matches

by staythecourse
Sun Feb 18, 2018 2:38 pm
Forum: Investing - Help with Personal Investments
Topic: Don't market time...i know, i know.
Replies: 32
Views: 4056

Re: Don't market time...i know, i know.

I have a retirement date about 2 yrs from now. The markets are beyond my wildest imagination; more in my nest egg than I need. Is there a way to 'set some aside'? Sure, flame me, but I've been an invest and hold guy for 30 yrs. Never touched my 95% equities holdings even during 2007 era. Now stocks...
by staythecourse
Sun Feb 18, 2018 2:32 pm
Forum: Investing - Help with Personal Investments
Topic: I reduced my exposure to US stocks before the correction.
Replies: 12
Views: 670

Re: I reduced my exposure to US stocks before the correction.

No offense to the OP, but this is a big of Dr. Jekyl and Mr. Hyde post as I have seen for awhile. First, loving the forum, loving Mr. Bogle, and "staying the course" then turn around and give a whole bunch of rationalization of market timing. I am not going to be too negative so good luck to the OP,...
by staythecourse
Sat Feb 17, 2018 11:38 am
Forum: Personal Consumer Issues
Topic: What big item (>20k) are you saving up for?
Replies: 109
Views: 7458

Re: What big item (>20k) are you saving up for?

Saving for 50th anniversary cruise in June '18. Taking 31 people, so will require significantly more than the 20K! WTH -- can't take it into the grave with me! Man, that would be worth throwing whatever you spend to have it happen. 50th anniversary (never to repeated) AND having all your family aro...
by staythecourse
Sat Feb 17, 2018 4:21 am
Forum: Personal Finance (Not Investing)
Topic: Sanity Check on Primary/Rental Purchase: killing cash-flow
Replies: 24
Views: 1489

Re: Sanity Check on Primary/Rental Purchase: killing cash-flow

If I had the experience of fixing stuff on my own AND landlording as you have it should not be too difficult I would think considering you live RIGHT there. What makes any decision easier is making a comparison on 2 options. Sounds like you will have to move out anyway so some housing decision will ...
by staythecourse
Fri Feb 16, 2018 2:38 pm
Forum: Personal Consumer Issues
Topic: Medical records - saved me money, time, trouble and XRay exposure :)
Replies: 12
Views: 1176

Re: Medical records - saved me money, time, trouble and XRay exposure :)

I will say this is EXCELLENT advice. My advice to everyone is start a medical folder. Then every result and note from the doc you just throw into the folder. Honestly, this is going to be much less of an issue going forward as everything is stored electronic and that storage capacity is nearly forev...
by staythecourse
Thu Feb 15, 2018 9:41 pm
Forum: Personal Consumer Issues
Topic: Any Creative Ways to Cut the Cable?
Replies: 30
Views: 2308

Re: Any Creative Ways to Cut the Cable?

cancel your cable get an antenna youll be amazed how much of your money is being wasted.... youll still spend too much time on netflix/prime. Agreed. It is like walking on a plank and taking that next step off into nothing. A bit nerve wracking thinking somehow the world will end not having espn or...
by staythecourse
Thu Feb 15, 2018 6:42 pm
Forum: Investing - Theory, News & General
Topic: What is the evidence against slice and dice?
Replies: 58
Views: 4096

Re: What is the evidence against slice and dice?

The Fama and French research wasn't published until 1992, and tools in the form of mutual funds for slicing and dicing weren't available before then. For example, the DFA US Small Cap Value Portfolio fund had its inception in 1993; Vanguard Small Cap Value Index Fund, 1998; T. Rowe Price Small-Cap ...
by staythecourse
Thu Feb 15, 2018 5:38 pm
Forum: Investing - Theory, News & General
Topic: Quick question how to use cape10 to estimate returns
Replies: 9
Views: 521

Re: Quick question how to use cape10 to estimate returns

Please read Vanguard's paper on predictors of future equity returns which discuss PE1 and PE10 among others. Then decide if it matters to know the answer to your question.

Good luck.
by staythecourse
Thu Feb 15, 2018 5:36 pm
Forum: Personal Consumer Issues
Topic: How do docs treat "white coat hypertension"?
Replies: 35
Views: 2013

Re: How do docs treat "white coat hypertension"?

Check it at home, keep a record, give it to your doc on exam day. Agreed. Anyways, even if it was a little high rest assured the treatment is diet and exercise. We get more upset when folks want a pill just because their number says it is 142/80 instead of 138/80. Also, keep in mind MANY things inc...
by staythecourse
Thu Feb 15, 2018 11:04 am
Forum: Investing - Theory, News & General
Topic: Can someone help me explain to my wife...?
Replies: 65
Views: 6356

Re: Can someone help me explain to my wife...?

My answer to a reasonable question like that is if it is so obvious how come everyone else is not doing it? Are you the only one who doesn't like to lose money or buy back on a discount? The answer is EVERYONE would like to do that exact thing. IF so, then why don't you see anybody walking around sa...
by staythecourse
Wed Feb 14, 2018 10:58 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 5576
Views: 1261340

Re: U.S. stocks in freefall

My neighbor, who has a PhD in Economics from Harvard, was on TV. When asked if another depression could happen he said yes it could. That put the fear of God in me. Just curious is there any data to support Phd predict future economic cycles? Or Harvard PhD predict future economic cycles? I think t...
by staythecourse
Wed Feb 14, 2018 10:50 pm
Forum: Personal Finance (Not Investing)
Topic: Daughter’s College & Grad School Expenses -Nurse Practitioner
Replies: 51
Views: 3204

Re: Daughter’s College & Grad School Expenses -Nurse Practitioner

I have already referenced in relation to clinical medicine. I don't see too many folks calling a phd in economics at MIT to make an appointment for their medical care do you? Again there is no confusion in that situation. And YES that is why the nursing association has been pushing for nurses to ge...
by staythecourse
Wed Feb 14, 2018 10:16 pm
Forum: Personal Finance (Not Investing)
Topic: Daughter’s College & Grad School Expenses -Nurse Practitioner
Replies: 51
Views: 3204

Re: Daughter’s College & Grad School Expenses -Nurse Practitioner

Not to deviate the topic, but this is true. The phd part is the attempt to get the "Dr." part without being an M.D. I think your concerns about confusion in a health care setting are not unjustified, but I don't think that it is at all true that "the PhD part is the attempt to get the 'Dr.' part wi...
by staythecourse
Wed Feb 14, 2018 10:07 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 5576
Views: 1261340

Re: U.S. stocks in freefall

My neighbor, who has a PhD in Economics from Harvard, was on TV. When asked if another depression could happen he said yes it could. That put the fear of God in me. Just curious is there any data to support Phd predict future economic cycles? Or Harvard PhD predict future economic cycles? I think t...
by staythecourse
Wed Feb 14, 2018 9:53 pm
Forum: Personal Finance (Not Investing)
Topic: Daughter’s College & Grad School Expenses -Nurse Practitioner
Replies: 51
Views: 3204

Re: Daughter’s College & Grad School Expenses -Nurse Practitioner

Your daughter is going into a very well paid profession. She can take her own loans. She will have capability to pay it off quickly based on projected income. You do not need to cosign. This will also mean there is no variance from what you did for other children. The target for her should be to pa...
by staythecourse
Wed Feb 14, 2018 9:00 pm
Forum: Personal Finance (Not Investing)
Topic: Daughter’s College & Grad School Expenses -Nurse Practitioner
Replies: 51
Views: 3204

Re: Daughter’s College & Grad School Expenses -Nurse Practitioner

Not to deviate the topic, but this is true. The phd part is the attempt to get the "Dr." part without being an M.D. I'm an MD and am not upset at it, but does cause some confusion in already confusing health care world. Now the patient has to figure out if a "Dr." they are seeing is a real MD or a ...
by staythecourse
Wed Feb 14, 2018 8:29 pm
Forum: Personal Finance (Not Investing)
Topic: Daughter’s College & Grad School Expenses -Nurse Practitioner
Replies: 51
Views: 3204

Re: Daughter’s College & Grad School Expenses -Nurse Practitioner

This push from the NP governing body for a PhD for nursing seems a bit silly. I am a practicing PA. We are mid level practitioners, same for NPs. If I wanted the fancy term 'Dr." I would go to med school. Not to deviate the topic, but this is true. The phd part is the attempt to get the "Dr." part ...
by staythecourse
Wed Feb 14, 2018 12:04 pm
Forum: Personal Finance (Not Investing)
Topic: Daughter’s College & Grad School Expenses -Nurse Practitioner
Replies: 51
Views: 3204

Re: Daughter’s College & Grad School Expenses -Nurse Practitioner

Hi, longtime lurker... first time poster. Me.. 58, married, 4 adult kids, all college educated w/ zero debt and a good used car. Wife and I earn low 300s together. House and land will be paid off within 5 years. 401K, Roth’s, investments and home equity around 1.5 million. Will retire in 7.5 years....
by staythecourse
Tue Feb 13, 2018 11:22 pm
Forum: Personal Finance (Not Investing)
Topic: What's the most "interesting" job in corporate finance?
Replies: 30
Views: 3296

Re: What's the most "interesting" job in corporate finance?

Steps I'd recommend. I guess I would offer the following bits of advice: 1. Work "harder" than everyone else. 2. Work "smarter" than everyone else - don't waste time and be as efficient as possible. 3. Get things done quicker than everyone else - and consistently at a very, very high quality. It's ...
by staythecourse
Tue Feb 13, 2018 9:03 pm
Forum: Investing - Theory, News & General
Topic: The Misguided Beliefs of Financial Advisors
Replies: 15
Views: 2797

Re: The Misguided Beliefs of Financial Advisors

Great so advisers are not greedy and unethical, but just incompetent. I would think the latter is even more dangerous.

Good luck.
by staythecourse
Tue Feb 13, 2018 8:55 pm
Forum: Investing - Theory, News & General
Topic: In plain English, please explain what was VIX, what happened to it and why?
Replies: 68
Views: 5708

Re: In plain English, please explain what was VIX, what happened to it and why?

Only thing I have learned is that as a group: 1. We are really bright and well read and 2. None of us seem to be good teachers. :D Hope someone can get on here and give the OP a SIMPLE explanation. Here is mine: VIX is basically a measure of the risk of the stock market. Folks (professionals) look a...
by staythecourse
Tue Feb 13, 2018 4:41 pm
Forum: Personal Finance (Not Investing)
Topic: Job is starting to suck the life out of me.
Replies: 79
Views: 8644

Re: Job is starting to suck the life out of me.

Makes me just want to do enough while on shift just to get by under the radar and not do a damn thing more. Sounds about right for any rank and file employee. Employers have no one to blame for themselves for creating a culture where the employee is so disincentived to do more then the bare minimum...
by staythecourse
Tue Feb 13, 2018 4:28 pm
Forum: Personal Finance (Not Investing)
Topic: Number at which to stop worrying
Replies: 170
Views: 16370

Re: Number at which to stop worrying

Honestly, for me what I realized is the "number at which I stop worrying" has nothing to do with my portfolio value since I am in the accumulation stage. For me not to worry ALL has to do with our monthly income to monthly liabilities. That's it. My portfolio could go to zero and it wouldn't affect ...
by staythecourse
Tue Feb 13, 2018 3:17 pm
Forum: Investing - Help with Personal Investments
Topic: Savings Rate - Early Retirement
Replies: 13
Views: 1019

Re: Savings Rate - Early Retirement

Impossible to say. We see way TOO MANY of these type of questions without giving some very important info, such as: Is your job really stable and can be count on without some unemployment/ underemployment in the future? Are you or are you considering getting married? Are you finished with your housi...
by staythecourse
Tue Feb 13, 2018 2:49 pm
Forum: Investing - Theory, News & General
Topic: Correction vs. Prolonged Bear Market
Replies: 23
Views: 1439

Re: Correction vs. Prolonged Bear Market

I'm curious (and I know there's no hard and fast answer here): What do you all think about the general likelihood of a prolonged bear market in the US? To be clear, I'm not very risk averse (80/20 AA and could tolerate a more aggressive allocation if I felt the need, which I don't), and this has no...
by staythecourse
Tue Feb 13, 2018 9:06 am
Forum: Investing - Theory, News & General
Topic: Correction vs. Prolonged Bear Market
Replies: 23
Views: 1439

Re: Correction vs. Prolonged Bear Market

I'm curious (and I know there's no hard and fast answer here): What do you all think about the general likelihood of a prolonged bear market in the US? To be clear, I'm not very risk averse (80/20 AA and could tolerate a more aggressive allocation if I felt the need, which I don't), and this has no...
by staythecourse
Mon Feb 12, 2018 11:41 pm
Forum: Investing - Help with Personal Investments
Topic: Are REITs essentially taboo for years now with rising rates?
Replies: 55
Views: 5180

Re: Are REITs essentially taboo for years now with rising rates?

staythecourse, VNQ, REET, USRT, IYR, FREL, XLRE, RWR, ICF, SCHH were listed in a recent article on VNQ. I'd link the article, but the author was not aware of the VNQ reconfiguration so I won't bother. I haven't looked at these myself because my 401K has that proprietary REIT fund, and hasn't got an...
by staythecourse
Mon Feb 12, 2018 6:26 pm
Forum: Investing - Help with Personal Investments
Topic: Are REITs essentially taboo for years now with rising rates?
Replies: 55
Views: 5180

Re: Are REITs essentially taboo for years now with rising rates?

staythecourse, VNQ, REET, USRT, IYR, FREL, XLRE, RWR, ICF, SCHH were listed in a recent article on VNQ. I'd link the article, but the author was not aware of the VNQ reconfiguration so I won't bother. I haven't looked at these myself because my 401K has that proprietary REIT fund, and hasn't got an...
by staythecourse
Mon Feb 12, 2018 4:06 pm
Forum: Investing - Help with Personal Investments
Topic: Are REITs essentially taboo for years now with rising rates?
Replies: 55
Views: 5180

Re: Are REITs essentially taboo for years now with rising rates?

FYI ... http://www.etf.com/sections/daily-etf-watch/vanguard-etf-sees-changes I think this topic has been discussed here before but thought a reminder wouldn't hurt. The point is vnq is no longer a pure REIT play. Much thanks for the link. Maybe I skimmed it to quick, but did it mention the % that ...
by staythecourse
Mon Feb 12, 2018 2:21 pm
Forum: Investing - Help with Personal Investments
Topic: Are REITs essentially taboo for years now with rising rates?
Replies: 55
Views: 5180

Re: Are REITs essentially taboo for years now with rising rates?

What you are implying is market timing based on valuations which is a part of an active management approach which the data is pretty clear from the BSB and BHB studies is a losers game. Actually, it's even more "interesting" than that. As far as it's been explained to me (not very far), livesoft ba...
by staythecourse
Mon Feb 12, 2018 2:20 pm
Forum: Investing - Help with Personal Investments
Topic: Are REITs essentially taboo for years now with rising rates?
Replies: 55
Views: 5180

Re: Are REITs essentially taboo for years now with rising rates?

I hear you, staythecourse. I've noticed quite a few experienced investors here sharing their active management exploits and promoting the idea that they can reliably enhance their performance through their uncommonly clever techniques. :shock: I doubt the individuals involved will do themselves any...
by staythecourse
Mon Feb 12, 2018 1:04 pm
Forum: Investing - Help with Personal Investments
Topic: Are REITs essentially taboo for years now with rising rates?
Replies: 55
Views: 5180

Re: Are REITs essentially taboo for years now with rising rates?

My answer to that is WHO CARES. Somebody cares or they would not have started this thread. I've stated exactly when I will buy the REIT index fund VNQ. I've stated the fact that VNQ has lost money for a single purchase 3 years ago. I know that buy and hold folks from 3 years ago could have done som...
by staythecourse
Mon Feb 12, 2018 11:28 am
Forum: Investing - Help with Personal Investments
Topic: Are REITs essentially taboo for years now with rising rates?
Replies: 55
Views: 5180

Re: Are REITs essentially taboo for years now with rising rates?

BTW, don't you want to increase your stake in anything when it is getting hammered? Funny how folks act like they are ironclad and have no problems in times of rough water, but then just reverse course because it has not done well for a whole 1-2 years. WOW. Yes, I do want to increase my 0% stake i...
by staythecourse
Sun Feb 11, 2018 8:52 pm
Forum: Investing - Help with Personal Investments
Topic: Are REITs essentially taboo for years now with rising rates?
Replies: 55
Views: 5180

Re: Are REITs essentially taboo for years now with rising rates?

Data supports that REITS actually INCREASE in value when rates increase. So that urban legend needs to die. Personally, I have 20% in it and will keep throwing new money at it. Does it feel like what Dr. Bernstein describes in IAA as "throwing money down a rat hole"? Yes, but that is how it felt thr...
by staythecourse
Sun Feb 11, 2018 8:42 pm
Forum: Investing - Theory, News & General
Topic: How does one emotionally keep it together during market swings?
Replies: 70
Views: 4056

Re: How does one emotionally keep it together during market swings?

Mentioned it several times already on this site, but it was Milton Friedman (I believe) who paraphrasing said to the effect it was the DUTY of the equity investors to experience losses on occasion AND they should do it without second guessing their plan. In the end, those who truly believe that are ...
by staythecourse
Sun Feb 11, 2018 11:31 am
Forum: Personal Consumer Issues
Topic: A bill from the doctor - how/should I contest?
Replies: 44
Views: 3764

Re: A bill from the doctor - how/should I contest?

They can't just make up a charge for whatever they want. Maybe they can? There is an issue of needing to get consent (oral or written). If you are getting a procedure done it is ALWAYS written. Something like doing an office visit is oral as it is assumed making the appointment itself is an oral ag...
by staythecourse
Sun Feb 11, 2018 11:00 am
Forum: Personal Consumer Issues
Topic: A bill from the doctor - how/should I contest?
Replies: 44
Views: 3764

Re: A bill from the doctor - how/should I contest?

Doc here. Personally, I would not be satisfied from the situation thus far. They never gave you a direct answer to WHAT the charge is for. Just because insurance does not cover the service there should be a CPT code attached to the service. They can't just make up a charge for whatever they want. Al...
by staythecourse
Sun Feb 11, 2018 9:59 am
Forum: Personal Consumer Issues
Topic: Do you have a Japanese bath in your house?
Replies: 15
Views: 2512

Re: Do you have a Japanese bath in your house?

What is a Japanese bath? X2 Exactly what I was thinking I am assuming they are talking about a furo. It is basically a hot tub for soaking after bathing or showering. https://en.wikipedia.org/wiki/Furo Okay there is NO way anyone with kids have time to use this. I barely have enough time for a show...
by staythecourse
Sat Feb 10, 2018 6:39 pm
Forum: Investing - Help with Personal Investments
Topic: Help Sell FIRE to spouse
Replies: 31
Views: 3520

Re: Help Sell FIRE to spouse

I have a simple exercise that can help to save you money on useless FAs. Ask your wife the following questions: 1) If we had $2M, would you feel comfortable? If no: 2) If we had $20M, would you feel comfortable? If no: 3) If we had $200B, would you feel comfortable? If no: Retire yourself and let y...
by staythecourse
Sat Feb 10, 2018 6:16 pm
Forum: Investing - Help with Personal Investments
Topic: has anyone here tried to engineer a low-income-generating portfolio?
Replies: 18
Views: 1350

Re: has anyone here tried to engineer a low-income-generating portfolio?

Interesting approach. I am not even going to crunch the numbers, but I am assuming in most cases with that large of a portfolio and likely still a long time horizon I would think it is a better move to INCREASE one's return as much as possible vs. trying to skimp just to get better government subsid...
by staythecourse
Sat Feb 10, 2018 3:10 pm
Forum: Personal Consumer Issues
Topic: Children extracurricular activities
Replies: 10
Views: 1444

Re: Children extracurricular activities

Just keep in mind the reason places offer such "discounts" is in fact they turn a PROFIT off of it. The reason is most kids either lose interest or have other things come up in their daily livest that makes taking off a month here or there the norm. Now that being said if your kid has been doing the...
by staythecourse
Sat Feb 10, 2018 1:02 pm
Forum: Investing - Theory, News & General
Topic: Day trading for a living/career?
Replies: 95
Views: 6556

Re: Day trading for a living/career?

I think folks on here have been very kind and PC. I will be a bit more blunt. Day trading is just dumb. Great if you are using other's money and getting paid for it to boot, but just dumb to do with your own money. Day trading is just an ultimate form of speculating. Just like any other speculation,...
by staythecourse
Fri Feb 09, 2018 10:16 am
Forum: Personal Finance (Not Investing)
Topic: VA vs. Private Practice.....need help
Replies: 14
Views: 1420

Re: VA vs. Private Practice.....need help

Great advice so far. My advice: Decide what your FAMILY and you want not NOW, but 20 years from now. Lifestyles of PP vs. VA employed are TOTALLY different not just in pay, but MORE important is autonomy, non compensated time admin stuff, how much schmoozing you need to do with current patients and ...
by staythecourse
Fri Feb 09, 2018 9:31 am
Forum: Investing - Theory, News & General
Topic: "The stock market is officially in a correction... here's what usually happens next"
Replies: 83
Views: 13104

Re: "The stock market is officially in a correction... here's what usually happens next"

Bogleheads: The recent stock market declines have taken the S&P 500 into correction territory for the first time in two years. It is important to understand the history of stock market declines and bear markets to learn that after every correction U.S. stock market investors who " stayed the course...
by staythecourse
Fri Feb 09, 2018 3:18 am
Forum: Investing - Theory, News & General
Topic: "3 Investing Mistakes to Avoid"
Replies: 20
Views: 3376

Re: "3 Investing Mistakes to Avoid"

Asset allocation controls risk (only) in terms of standard deviation. staythecourse: I never heard that before. Can you give a source. Morningstar has this discussion of "Standard Deviation." Thank you and best wishes. Taylor Let me clarify since standard deviation is the dispersion around a mean t...
by staythecourse
Thu Feb 08, 2018 2:09 pm
Forum: Investing - Theory, News & General
Topic: "3 Investing Mistakes to Avoid"
Replies: 20
Views: 3376

Re: Asset Allocation and Risk/Reward

]Personally, I think the goal of a great asset allocation has NOTHING to do with risk/ return staythecourse: You might want to rethink the "goal of a great asset allocation." Investopedia: Asset allocation is an investment strategy that aims to balance risk and reward by apportioning a portfolio's ...
by staythecourse
Thu Feb 08, 2018 12:49 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 5576
Views: 1261340

Re: U.S. stocks in freefall

I love this thread it is the ONLY way I even know what is going on in the financial markets on a day to day.

Sometimes I wish there was a word cloud on this site to see what the most often discussed words are on any given day.

Good luck.
by staythecourse
Thu Feb 08, 2018 11:57 am
Forum: Investing - Theory, News & General
Topic: "3 Investing Mistakes to Avoid"
Replies: 20
Views: 3376

Re: "3 Investing Mistakes to Avoid"

Personally, I think the goal of a great asset allocation has NOTHING to do with risk/ return, but which one gets you from point A (starting) to point B (death) with as few as behavioral mistakes as possible. This whole MPT age we live in has made it seem like if you massage the data enough you can ...
by staythecourse
Thu Feb 08, 2018 11:00 am
Forum: Investing - Theory, News & General
Topic: Average amount saved for retirement by age
Replies: 148
Views: 36565

Re: Re:

Someone who can live on their pension and social security may have little need for, or ability to, save for retirement. Even with the decline in the number of people covered by pensions, that is still millions of people. Lower income people spend what they earn, and have little choice in the matter...
by staythecourse
Thu Feb 08, 2018 10:20 am
Forum: Investing - Theory, News & General
Topic: "3 Investing Mistakes to Avoid"
Replies: 20
Views: 3376

Re: "3 Investing Mistakes to Avoid"

"Investors spend a massive amount of time trying to make all the right moves." This forum seems to resemble his remark...I need to stop coming here I would say this forum is indeed plagued by way too much anxiety on that point. Hopefully people are able to steer through/away from it. This can only ...