Search found 1872 matches

by zaboomafoozarg
Sun Apr 22, 2018 9:13 pm
Forum: Investing - Theory, News & General
Topic: Floating Net Worth w/ VT after 5 Years
Replies: 30
Views: 2938

Re: Floating Net Worth w/ VT after 5 Years

Sometimes I wish I could stop fretting over my slice & dice asset allocation and just do a simple one like 75% VT (all-world equity) + 25% VFIUX (US intermediate treasury bonds).
by zaboomafoozarg
Sun Apr 01, 2018 8:19 pm
Forum: Investing - Theory, News & General
Topic: Do you invest in Real Estate ? Why ?
Replies: 25
Views: 2105

Re: Do you invest in Real Estate ? Why ?

I know a few people (some in real life, some on this and other forums) who say real estate is the only thing people should be investing in, and that stocks and bonds are pointless and suboptimal. I'm too lazy and risk-averse to do it though, so the only real estate investing I do is a 10% tilt to RE...
by zaboomafoozarg
Fri Mar 23, 2018 4:07 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 6393
Views: 1372108

Re: U.S. stocks in freefall

TSquare wrote:
Fri Mar 23, 2018 3:37 pm
TSquare wrote:
Mon Feb 05, 2018 3:34 pm
Dead cat bounce! Hang on folks!
I warned you all back in February!
If I had a dollar for every time I've been warned by some lurker about impending doom, I'd be retired now.
by zaboomafoozarg
Thu Mar 15, 2018 10:12 pm
Forum: Investing - Theory, News & General
Topic: PSA: Vanguard Drops The Ball (Cost Basis Issue)
Replies: 23
Views: 3643

Re: PSA: Vanguard Drops The Ball (Cost Basis Issue)

Vanguard is like ALDI. They offer some of the lowest prices, but at the expense of service and other frills.
by zaboomafoozarg
Sun Mar 11, 2018 8:41 pm
Forum: Investing - Theory, News & General
Topic: Looking for an example of a fund which has beat its index for 30 years
Replies: 93
Views: 9090

Re: Looking for an example of a fund which has beat its index for 30 years

Sequoia Fund (SEQUX) had beat the S&P 500 handily from 1970 to 2015 ($10k to $4.1M for SEQUX, $10k to $1.1M for SP500).

After Sequoia's big bad bet on Valeant, they took a large drop in 2015-2016 and lagged the S&P 500. But they're still ahead from 1970 to 2018.
by zaboomafoozarg
Sun Mar 11, 2018 8:59 am
Forum: Investing - Theory, News & General
Topic: QSPIX - thoughts on interesting fund
Replies: 1255
Views: 189381

Re: QSPIX - thoughts on interesting fund

After digging around the FPL website, I see no mention of Stone Ridge availability. Are these funds available elsewhere at a reasonable fee? fplcapital.com does have the Stone Ridge logo at the bottom of the screen, and this Stone Ridge page that comes up when you search their site for "stone ridge".
by zaboomafoozarg
Thu Mar 08, 2018 10:55 am
Forum: Investing - Theory, News & General
Topic: Is Cash Trash? The Purpose of Cash
Replies: 178
Views: 17779

Re: Is Cash Trash? The Purpose of Cash

Some say that cash is trash, some say it's king. From what I've tasted of the bear, I think that "cash is king" is fair. But after 10 years of the bull, I feel like I should probably exchange my bank account in full for equities 'cause cash is dull. Bravo! Bravo! Haha thanks, I think it might be th...
by zaboomafoozarg
Wed Mar 07, 2018 7:16 pm
Forum: Investing - Theory, News & General
Topic: Is Cash Trash? The Purpose of Cash
Replies: 178
Views: 17779

Re: Is Cash Trash? The Purpose of Cash

Some say that cash is trash,
some say it's king.
From what I've tasted of the bear,
I think that "cash is king" is fair.
But after 10 years of the bull,
I feel like I should probably
exchange my bank account in full
for equities
'cause cash is dull.
by zaboomafoozarg
Tue Mar 06, 2018 5:53 pm
Forum: Investing - Theory, News & General
Topic: Regrets / Pearls
Replies: 27
Views: 4360

Re: Regrets / Pearls

1. What is an investment regret that you have? I bought I Bonds instead of bitcoin in 2011. 2. What one tip or piece of advice would you give the 20 or 30 year old you if you could go back in time? Buy bitcoins in 2011 instead of I Bonds. Which will you buy in 2018? bitcoin or I Bonds. :twisted: Ne...
by zaboomafoozarg
Mon Mar 05, 2018 10:22 pm
Forum: Investing - Theory, News & General
Topic: Regrets / Pearls
Replies: 27
Views: 4360

Re: Regrets / Pearls

1. What is an investment regret that you have? I bought I Bonds instead of bitcoin in 2011.

2. What one tip or piece of advice would you give the 20 or 30 year old you if you could go back in time? Buy bitcoins in 2011 instead of I Bonds.
by zaboomafoozarg
Wed Feb 28, 2018 3:28 pm
Forum: Investing - Theory, News & General
Topic: Bubbles Everywhere
Replies: 41
Views: 6729

Re: Bubbles Everywhere

Switch from high volatility, high beta assets to All of these, to one degree or another, are exactly the kinds of things respected FA's like Larry Swedroe and Rick Ferri have been recommending here for years. Commodities? Alternatives? Nope, that’s not anything I ever recommended. That stuff is way...
by zaboomafoozarg
Tue Feb 27, 2018 3:51 pm
Forum: Investing - Theory, News & General
Topic: Does anyone realize how special last year was?!
Replies: 38
Views: 5923

Re: Does anyone realize how special last year was?!

an_asker....I share a similar outlook on 2017. It 'felt' sort of like 95-99, minus all the craziness and stupidity (i.e. quitting job to day trade, etc). I saw people on reddit doing that because of bitcoin/altcoins. 20x returns just on buying at the beginning of 2017 and selling in December, and s...
by zaboomafoozarg
Fri Feb 16, 2018 1:58 pm
Forum: Investing - Theory, News & General
Topic: How Not to Get Rich - Mark Twain
Replies: 17
Views: 3548

Re: How Not to Get Rich - Mark Twain

This quote from a review of the book reminds me of the WallStreetbets forum on Reddit: Both he and his characters run on a picaresque impulse: try something crazy, fail at it, laugh about it, move along https://www.newyorker.com/books/page-turner/how-mark-twain-tried-to-get-rich-quick-again-and-aga...
by zaboomafoozarg
Mon Feb 12, 2018 12:55 pm
Forum: Investing - Help with Personal Investments
Topic: Are REITs essentially taboo for years now with rising rates?
Replies: 55
Views: 5534

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

bikechuck wrote:
Mon Feb 12, 2018 11:33 am
midareff wrote:
Sun Feb 11, 2018 7:31 pm
I previously held REIT's in an IRA but migrated out of them last year building a larger position in VFIAX and VTIAX.
What in heavens name do VFIAX and VTIAX stand for?
They are very common mutual funds and it takes 5 seconds to Google them...
by zaboomafoozarg
Tue Feb 06, 2018 10:57 pm
Forum: Investing - Theory, News & General
Topic: QSPIX - thoughts on interesting fund
Replies: 1255
Views: 189381

Re: QSPIX - thoughts on interesting fund

I honestly can't. Grok was/is the big Vanguard Market Neutral proponent in the context of QSPIX. It is my understanding that he is spooked by the leverage. I believe Larry S. and Lack_ey countered that much of that leverage is on low volatility things like Tbills or whatever rather than equities. I...
by zaboomafoozarg
Mon Feb 05, 2018 10:22 pm
Forum: Investing - Theory, News & General
Topic: Vanguard site is crashed now?
Replies: 188
Views: 15258

Re: Can't signon to Vanguard

[merged this topic and replies into the existing thread - moderator prudent] Anyone else? Not a buyer or a seller today, but it is a bit unsettling to not be able to logon... Congrats, you got quoted in the WSJ :D "Many Vanguard Group customers were unable to log into their accounts Monday afternoo...
by zaboomafoozarg
Sat Feb 03, 2018 12:30 pm
Forum: Investing - Theory, News & General
Topic: Starting to feel like the late 1990s?
Replies: 145
Views: 12957

Re: Starting to feel like the late 1990s?

3funder wrote:
Sat Feb 03, 2018 10:00 am
I was a high school freshman/sophomore in the late 1990s, so no, it doesn't feel like the late 1990s, but I wish it did.
LOL same here, there was no better time than that.
by zaboomafoozarg
Fri Feb 02, 2018 9:08 am
Forum: Investing - Help with Personal Investments
Topic: What advice would you give yourself if you were 27 again?
Replies: 120
Views: 8051

Re: What advice would you give yourself if you were 27 again?

I would tell myself to enjoy life in the present, because 27 was the peak for me.
by zaboomafoozarg
Tue Jan 30, 2018 8:28 pm
Forum: Investing - Theory, News & General
Topic: Wow: Shiller PE is 34.52
Replies: 52
Views: 6441

Re: Wow: Shiller PE is 34.52

Jebediah wrote:
Tue Jan 30, 2018 2:59 pm
Trailing earnings yield is 3.79%.

2 year treasury yield is 2.11%

Your choice if that's worth the risk.
It's looking less and less like it.

I was 75/25 US/international a couple years ago but have transitioned to 60/40 now. Was contemplating a move to 50/50.
by zaboomafoozarg
Sun Jan 28, 2018 3:04 pm
Forum: Investing - Theory, News & General
Topic: Wisdom of Bitcoin
Replies: 90
Views: 7128

Re: Wisdom of Bitcoin

JoMoney wrote:
Sun Jan 28, 2018 1:23 pm
I think you need to actually follow the link and watch the video. Hopefully that will answer you're question :wink:
LOL, that guy makes some great videos.
by zaboomafoozarg
Sun Jan 28, 2018 12:13 am
Forum: Investing - Theory, News & General
Topic: Wisdom of Bitcoin
Replies: 90
Views: 7128

Re: Wisdom of Bitcoin

An old friend put thousands of dollars into bitcoin in 2011 and urged me to do the same. He insisted that the government was going to collapse and only bitcoin would withstand the hyperinflation. Instead, I bought VTSMX. My investment has doubled since then... and his investment made him a retired m...
by zaboomafoozarg
Fri Jan 26, 2018 4:39 pm
Forum: Investing - Theory, News & General
Topic: Starting to feel like the late 1990s?
Replies: 145
Views: 12957

Re: Starting to feel like the late 1990s?

Nah, this website loaded instantly for me. Back in the late 90's it would have taken a good 10 seconds to pull this page up over 14.4 kbps.
by zaboomafoozarg
Fri Jan 26, 2018 2:07 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 6393
Views: 1372108

Re: U.S. stocks in freefall

selters wrote:
Thu Jan 25, 2018 9:10 am
Please delete this post.
Your post?
by zaboomafoozarg
Wed Jan 24, 2018 10:57 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 6393
Views: 1372108

Re: U.S. stocks in freefall

sreynard wrote:
Wed Jan 24, 2018 10:42 pm
Was just thinking the same thing the other day. Wishing for another 40% drop. As long as I don't lose my job of course!
A 40% drop would take the S&P 500's Shiller PE down from a crazy-high 34 to a much more reasonable 20. I could see it happening.
by zaboomafoozarg
Wed Jan 24, 2018 10:02 am
Forum: Investing - Theory, News & General
Topic: The Power of Working Longer
Replies: 77
Views: 9296

Re: The Power of Working Longer

I believe we’re looking at a post heyday future with real returns on a balanced portfolio closer to 2%, so the article should be rewritten as The Necessity of Working Longer. The times when we spend a third of our lives preparing to work, a third working, and a third in retirement are over IMO. Agr...
by zaboomafoozarg
Sat Jan 20, 2018 11:08 pm
Forum: Investing - Theory, News & General
Topic: Fear of dying with too much money?
Replies: 137
Views: 8486

Re: Fear of dying with too much money?

Well, I guess if that were really important to you or someone else, I'd probably ensure that it happened before I died rather than hoping everything falls into place when I'm not around to make sure that it does. But I guess if that's ironed out well enough, such as in a trust, you could do it afte...
by zaboomafoozarg
Sat Jan 20, 2018 10:38 pm
Forum: Investing - Theory, News & General
Topic: Fear of dying with too much money?
Replies: 137
Views: 8486

Re: Fear of dying with too much money?

I personally don't understand legacy. I think more like George Carlin. What relevance is legacy to a dead person? I think it matters to me because I probably won't ever have kids, so at least I want someone to remember me. Always thought having a building or something named after me would be cool.
by zaboomafoozarg
Sat Jan 20, 2018 10:25 pm
Forum: Investing - Theory, News & General
Topic: Fear of dying with too much money?
Replies: 137
Views: 8486

Re: Fear of dying with too much money?

If I end up with too much money, I'll just pay a bunch of it to take a trip to freakin' space.
by zaboomafoozarg
Sat Jan 20, 2018 10:23 pm
Forum: Investing - Theory, News & General
Topic: Post Your Morningstar Box Style
Replies: 88
Views: 5994

Re: Post Your Morningstar Box Style

walletless wrote:
Sat Jan 20, 2018 3:57 pm
zaboomafoozarg wrote:
Sat Jan 20, 2018 3:05 pm
Whoever has the most in small value box wins, right?
I though who ever had the highest sum wins !!
They all add to to 100 so I guess we're all winners! :D
by zaboomafoozarg
Sat Jan 20, 2018 10:22 pm
Forum: Investing - Theory, News & General
Topic: Post Your Morningstar Box Style
Replies: 88
Views: 5994

Re: Post Your Morningstar Box Style

OK I'll post but it's kind of weak because I can only bring myself to tilt 30% of my stocks.

Image
by zaboomafoozarg
Sat Jan 20, 2018 9:45 pm
Forum: Investing - Theory, News & General
Topic: "The Pain of Discipline or the Pain of Regret?"
Replies: 33
Views: 3595

Re: "The Pain of Discipline or the Pain of Regret?"

Sometimes I wonder if these people are living on a different planet. 2008-09, 2011, and 15-16 weren't that emotionally stressful. For several people I know who were near or in retirement during 2008-2009, it was insanely stressful. They weren't very financially savvy, their 401(k)s had dropped by h...
by zaboomafoozarg
Sat Jan 20, 2018 3:05 pm
Forum: Investing - Theory, News & General
Topic: Post Your Morningstar Box Style
Replies: 88
Views: 5994

Re: Post Your Morningstar Box Style

Whoever has the most in small value box wins, right?
by zaboomafoozarg
Mon Jan 15, 2018 10:53 pm
Forum: Personal Consumer Issues
Topic: Longer Work Hours: Tips for adjusting?
Replies: 10
Views: 1214

Re: Longer Work Hours: Tips for adjusting?

joeblow wrote:
Mon Jan 15, 2018 10:47 pm
I do not know anyone who makes good money that doesn't work 50-60+ hours a week
I'll bite, LOL. How much is good money?
by zaboomafoozarg
Sun Jan 14, 2018 12:46 pm
Forum: Investing - Theory, News & General
Topic: Why did Vanguard start an Institutional REIT fund?
Replies: 6
Views: 885

Re: Why did Vanguard start an Institutional REIT fund?

It's a slight ER drop from Admiral (0.10% instead of 0.12%). Not much, but every little bit helps I guess.

My 401k switched to the institutional VG REIT fund shortly after it came out.
by zaboomafoozarg
Sun Jan 07, 2018 12:54 pm
Forum: Investing - Theory, News & General
Topic: CAPE Fear: Why CAPE Naysayers Are Wrong
Replies: 125
Views: 10630

Re: CAPE Fear: Why CAPE Naysayers Are Wrong

Due to CAPE being so high I have moved a little bit of stocks to bonds/alternatives, and also moved a little bit of US stocks to international stocks.

But I'm not doing anything bigger than a 5-10% shift. Maybe that's stupid of me but I'm trying to stay the course.
by zaboomafoozarg
Sun Jan 07, 2018 12:50 pm
Forum: Investing - Theory, News & General
Topic: CAPE Fear: Why CAPE Naysayers Are Wrong
Replies: 125
Views: 10630

Re: CAPE Fear: Why CAPE Naysayers Are Wrong

I believe that the CAPE is currently around 33.27; apart from that, what is there to "believe"? The US equity market is going to be disappointing relative to what ? Bitcoin? :D For the record I never bought any, and I am reminded of this blunder by people on Facebook and at work just about every day.
by zaboomafoozarg
Fri Jan 05, 2018 12:05 pm
Forum: Investing - Theory, News & General
Topic: Hitting The Sell Button
Replies: 226
Views: 27567

Re: Hitting The Sell Button

I am likely biased here, but it actually shocks me that someone would put their cold hard cash into a taxable mutual fund account. What, 35-40% tax on gains, not counting state taxes? Mutual funds are subject to long term capital gains tax if you hold them more than a year. That is 15% for incomes ...
by zaboomafoozarg
Thu Jan 04, 2018 8:05 am
Forum: Investing - Theory, News & General
Topic: Hitting The Sell Button
Replies: 226
Views: 27567

Re: Hitting The Sell Button

nedsaid wrote:
Wed Jan 03, 2018 11:24 pm
A nice problem to have but if I was 35 years old, I would simply be enjoying the ride.
I'm 35 but certainly do not enjoy investing new money into stocks at a Shiller PE of 33.

I already changed my AA from 80/20 to 75/25 but still feel uneasy about that.
by zaboomafoozarg
Fri Dec 22, 2017 11:50 pm
Forum: Investing - Theory, News & General
Topic: What is or was your target multiplier (_ x annual expenses) for retirement?
Replies: 41
Views: 5328

Re: What is or was your target multiplier (_ x annual expenses) for retirement?

zaboomafoozarg: 1.5 million at age 45....do you feel confident that is enough? I am nervous about pulling the trigger with a multiplier of 71 at age 41. Well I've never spent more than $30k in a year, so at $1.5M that would be a 50x multiple. But I estimate with insurance costs and inflation $50k p...
by zaboomafoozarg
Fri Dec 22, 2017 5:31 pm
Forum: Investing - Theory, News & General
Topic: What is or was your target multiplier (_ x annual expenses) for retirement?
Replies: 41
Views: 5328

Re: What is or was your target multiplier (_ x annual expenses) for retirement?

#1: What is (or was for those already retired) your expected multiplier, in regards to annual expenses, for retirement? (assume no pension) A: 3.33% ($50k per year from $1.5M) #2: For those already retired...have you found that your multiplier was sufficient? A: n/a #3: What length of retirement are...
by zaboomafoozarg
Fri Dec 22, 2017 11:44 am
Forum: Investing - Theory, News & General
Topic: What's in a name? "Long Island Iced Tea Corp." changes name to "Long Blockchain Corp.", stock price jumps 500%
Replies: 24
Views: 3620

Re: What's in a name? "Long Island Iced Tea Corp." changes name to "Long Blockchain Corp.", stock price jumps 500%

- there's no direct leverage in purchases *unless* people have somehow found a way to buy these on margin - there might be indirect leverage through personal borrowing Yes, there have been some reported cases of personal borrowing and associated loss in yesterday's/today's drop from $19500 to $1100...
by zaboomafoozarg
Thu Dec 21, 2017 10:05 pm
Forum: Investing - Theory, News & General
Topic: What's in a name? "Long Island Iced Tea Corp." changes name to "Long Blockchain Corp.", stock price jumps 500%
Replies: 24
Views: 3620

What's in a name? "Long Island Iced Tea Corp." changes name to "Long Blockchain Corp.", stock price jumps 500%

When you read today's news and mistake it for a story out of "Extraordinary Popular Delusions and The Madness of Crowds": https://www.marketwatch.com/story/long-island-iced-teas-stock-rockets-nearly-500-after-changing-name-to-long-blockchain-2017-12-21?siteid=yhoof2&yptr=yahoo&mg=prod/accounts-mw Sh...
by zaboomafoozarg
Sun Dec 17, 2017 9:03 pm
Forum: Investing - Theory, News & General
Topic: Diversification: Is there any way to produce the same returns with less risk?
Replies: 52
Views: 5528

Re: Diversification: Is there any way to produce the same returns with less risk?

With a Shiller PE that now matches early 1998 levels, I am thinking long and hard about trying to do more return with less risk. Or maybe just take risk off the table.
by zaboomafoozarg
Sat Dec 09, 2017 5:06 pm
Forum: Investing - Theory, News & General
Topic: Why is Vanguard switching all accounts to brokerage accounts?
Replies: 65
Views: 9989

Re: Why is Vanguard switching all accounts to brokerage accounts?

Nate79 wrote:
Fri Dec 08, 2017 7:40 pm
Welcome to the 21st century..... It's not the stone age anymore.
Yeah, I never understood the fearful or angry reactions to getting transitioned to a brokerage account. You still own the same stuff.
by zaboomafoozarg
Sun Dec 03, 2017 1:50 am
Forum: Personal Finance (Not Investing)
Topic: I Can "Afford" This Right? (New Car)
Replies: 60
Views: 5028

Re: I Can "Afford" This Right? (New Car)

Not worth it from a utility standpoint.

You can definitely afford it though.
by zaboomafoozarg
Fri Dec 01, 2017 11:02 pm
Forum: Investing - Theory, News & General
Topic: bitcoin - is there any real value here or is it a pure Ponzi scam?
Replies: 236
Views: 22005

Re: bitcoin - is there any real value here or is it a pure Ponzi scam?

I don't see how it would affect the stock market particularly either. the tulip bubble was followed by a depression, the .com bust was followed by a recession as was the bursting of the subprime bubble. why will this be different? Depends on how much money has been invested/speculated into BTC if/w...