Search found 8385 matches

by Rick Ferri
Mon Sep 24, 2018 5:18 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Factors Persist In Emerging Markets
Replies: 31
Views: 2042

Re: Larry Swedroe: Factors Persist In Emerging Markets

Yes. To say certain factor has provided a risk premium is perfectly fine. To say this factor provides a premium is definitive meaning it ALWYS provides a premium. That cannot be known. Are there really that many people confusing that distinction? The same could be said for just stocks in general to...
by Rick Ferri
Mon Sep 24, 2018 1:39 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Factors Persist In Emerging Markets
Replies: 31
Views: 2042

Re: Larry Swedroe: Factors Persist In Emerging Markets

Yes. To say certain factor has provided a risk premium is perfectly fine. To say this factor provides a premium is definitive meaning it ALWYS provides a premium. That cannot be known.
by Rick Ferri
Mon Sep 24, 2018 11:52 am
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Factors Persist In Emerging Markets
Replies: 31
Views: 2042

Re: Larry Swedroe: Factors Persist In Emerging Markets

This is incorrect: "Factors Persist In Emerging Markets" This is correct: "Factors Have Persisted In Emerging Markets" We can only measure what has happened. We can't measure what will happen. People often mistakenly say, "Markets are going up." This is incorrect. Markets went up. We don't know wher...
by Rick Ferri
Sun Sep 23, 2018 8:14 am
Forum: Investing - Theory, News & General
Topic: Buckingham Strategic Wealth #12 on Barron's
Replies: 13
Views: 1574

Re: Buckingham Strategic Wealth #12 on Barron's

I have a lot of thoughts on fees. 1. AUM is OK as long as the fee it is charged only for ongoing portfolio management to include basic advice that covers asset allocation and investment selection. This service should cost no more than 0.4% per year, and the cost is dropping each year with technology...
by Rick Ferri
Thu Sep 20, 2018 5:35 pm
Forum: Investing - Theory, News & General
Topic: Podcast Now Available - Bogleheads On Investing: Episode #1 with John C. Bogle
Replies: 58
Views: 5811

Re: Podcast Now Available - Bogleheads On Investing: Episode #1 with John C. Bogle

Spotify requires 5 podcasts on the feed before they will place it.
You need to publish at least 5 episodes to be submitted to Spotify.
Rick Ferri
by Rick Ferri
Thu Sep 20, 2018 5:19 pm
Forum: Investing - Theory, News & General
Topic: Podcast Now Available - Bogleheads On Investing: Episode #1 with John C. Bogle
Replies: 58
Views: 5811

Re: Podcast Now Available - Bogleheads On Investing: Episode #1 with John C. Bogle

Over 3,300 downloads so far! Our goal was 2,000. Bogleheads On Investing: Episode 001 - special guest John C. Bogle My guest next month will be Dr. David Blitzer, Managing Director and Chairman of the Index Committee at S&P Dow Jones Indices (S&P DJI). Dr. Blitzer has the overall responsibility for ...
by Rick Ferri
Wed Sep 19, 2018 3:24 pm
Forum: Investing - Theory, News & General
Topic: Fee Only Advisor Cost
Replies: 4
Views: 371

Re: Fee Only Advisor Cost

It also depends on adviser experience. Adviser's with more experience may charge more, but often they can come to a conclusion faster, so it may not cost more than an adviser with a lower hourly fee.
by Rick Ferri
Wed Sep 19, 2018 10:15 am
Forum: Investing - Theory, News & General
Topic: Podcast Now Available - Bogleheads On Investing: Episode #1 with John C. Bogle
Replies: 58
Views: 5811

Re: Podcast Now Available - Bogleheads On Investing: Episode #1 with John C. Bogle

I would have to ask David Swensen. My guest next month will be Dr. David Blitzer, Managing Director and Chairman of the Index Committee at S&P Dow Jones Indices (S&P DJI). Dr. Blitzer has the overall responsibility for index security selection, including the S&P 500 and Dow Jones Industrial Average,...
by Rick Ferri
Wed Sep 19, 2018 10:07 am
Forum: Investing - Help with Personal Investments
Topic: Robo-advisor Scalable Capital Whitepaper
Replies: 3
Views: 318

Re: Robo-advisor Scalable Capital Whitepaper

I have difficulty when a company claims they will do something they cannot do: Strongly believing that the creation of wealth is best accomplished by not losing any in the first place, [name of company]'s asset allocation algorithm focuses on downside risk protection. Once the investor’s optimal por...
by Rick Ferri
Mon Sep 17, 2018 12:48 pm
Forum: Investing - Theory, News & General
Topic: Podcast Now Available - Bogleheads On Investing: Episode #1 with John C. Bogle
Replies: 58
Views: 5811

Re: Podcast Now Available - Bogleheads On Investing: Episode #1 with John C. Bogle

Bogleheads On Investing Podcast has been reviewed and approved for publication on Google Play Music. It is scheduled to go live today. It takes approximately 24 hours for the podcast to become searchable in the Google Play store.

We've had about 2,000 downloads so far. A great start!

Rick Ferri
by Rick Ferri
Mon Sep 17, 2018 11:36 am
Forum: Investing - Theory, News & General
Topic: Podcast Now Available - Bogleheads On Investing: Episode #1 with John C. Bogle
Replies: 58
Views: 5811

Re: Podcast Now Available - Bogleheads On Investing: Episode #1 with John C. Bogle

The Bogleheads on Investing Podcast has been approved by iTunes and will be available in a "search" over the next two days. In the meantime, here is the link:

https://itunes.apple.com/us/podcast/bog ... 1436401528
by Rick Ferri
Sun Sep 16, 2018 9:31 am
Forum: Investing - Theory, News & General
Topic: Podcast Now Available - Bogleheads On Investing: Episode #1 with John C. Bogle
Replies: 58
Views: 5811

Re: Podcast Now Available - Bogleheads On Investing: Episode #1 with John C. Bogle

Now on Overcast.com [invalid link, see below --admin LadyGeek] Still waiting approval from iTunes and Google Play. Any other requests? That domain is for sale. I think you mean Overcast (overcast.fm). Sorry, I don't see the podcast. Can you provide a direct link? I found out the feed to Overcast.FM...
by Rick Ferri
Sat Sep 15, 2018 7:23 pm
Forum: Investing - Theory, News & General
Topic: Podcast Now Available - Bogleheads On Investing: Episode #1 with John C. Bogle
Replies: 58
Views: 5811

Re: Podcast Now Available - Bogleheads On Investing: Episode #1 with John C. Bogle

Now on Overcast.com [invalid link, see below --admin LadyGeek]

Still waiting approval from iTunes and Google Play. Any other requests?

——

Sorry! The site is Overcast.FM
by Rick Ferri
Sat Sep 15, 2018 1:10 pm
Forum: Investing - Theory, News & General
Topic: Podcast Now Available - Bogleheads On Investing: Episode #1 with John C. Bogle
Replies: 58
Views: 5811

Re: Podcast Now Available - Bogleheads On Investing: Episode #1 with John C. Bogle

iTunes is reviewing our request for a Bogleheads channel and we expect approval shortly. I'll post here when the podcast is available.

A Google Play Podcast request has also been submitted and is under review.
by Rick Ferri
Sat Sep 15, 2018 9:33 am
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Simple Factor Investing
Replies: 46
Views: 4356

Re: Larry Swedroe: Simple Factor Investing

There is nothing “simple” about factor investing. It’s a sophisticated quantitative stock picking and weighting strategy that is always turning over. There’s nothing simple about that. To call factor investing simple is on par with active managers calling their product a “passive index fund” because...
by Rick Ferri
Fri Sep 14, 2018 8:13 pm
Forum: Investing - Theory, News & General
Topic: COMING SOON: BOGLEHEADS PODCASTS
Replies: 362
Views: 17908

Re: COMING SOON: BOGLEHEADS PODCASTS

The first podcast featuring an interview this week with John Bogle is now available on this thread:

Bogleheads On Investing: Episode #1 with John C. Bogle

Rick Ferri
by Rick Ferri
Fri Sep 14, 2018 4:42 pm
Forum: Investing - Theory, News & General
Topic: Podcast Now Available - Bogleheads On Investing: Episode #1 with John C. Bogle
Replies: 58
Views: 5811

Podcast Now Available - Bogleheads On Investing: Episode #1 with John C. Bogle

Please click the below link to listen to the first Bogleheads On Investing podcast featuring John C. Bogle. Bogleheads On Investing: Episode #1 with John C. Bogle This podcast will be available on iTunes and other sites as a download as soon as I figure all that out. I'm still working on the podcast...
by Rick Ferri
Mon Sep 10, 2018 10:14 am
Forum: Investing - Theory, News & General
Topic: Prep for 1st BOGLEHEADS ON INVESTING podcast w/ Jack Bogle
Replies: 9
Views: 1656

Re: Prep for 1st BOGLEHEADS ON INVESTING podcast w/ Jack Bogle

How/where will the podcast be available for download? Bogleheads.org iTunes Overcast Android Google Play Stitcher TuneIn Thanks. I have an android and use BeyondPod Podcast manager and did a search for the feed and didn't find it. You won’t find it yet because there are no podcasts to post yet.
by Rick Ferri
Mon Sep 10, 2018 9:05 am
Forum: Investing - Theory, News & General
Topic: Prep for 1st BOGLEHEADS ON INVESTING podcast w/ Jack Bogle
Replies: 9
Views: 1656

Re: Prep for 1st BOGLEHEADS ON INVESTING podcast w/ Jack Bogle

Nate79 wrote:
Sun Sep 09, 2018 7:06 pm
How/where will the podcast be available for download?
Bogleheads.org
iTunes
Overcast
Android
Google Play
Stitcher
TuneIn
by Rick Ferri
Sun Sep 09, 2018 1:57 pm
Forum: Investing - Theory, News & General
Topic: Prep for 1st BOGLEHEADS ON INVESTING podcast w/ Jack Bogle
Replies: 9
Views: 1656

Prep for 1st BOGLEHEADS ON INVESTING podcast w/ Jack Bogle

Hello fellow Bogleheads! Next week, I'll be recording the first BOGLEHEADS ON INVESTING podcast with very special guest, Jack Bogle . Expect the finished podcast to post on this forum next weekend if all goes as planned. The main topic of discussion will be Jack's upcoming boook, "Stay the Course" T...
by Rick Ferri
Sun Sep 09, 2018 9:22 am
Forum: Investing - Theory, News & General
Topic: Why Bull Markets Are Dangerous
Replies: 152
Views: 16997

Re: Why Bull Markets Are Dangerous

Call_Me_Op wrote:
Sun Sep 09, 2018 6:50 am
Rick,

Perhaps time for a Lifestrategy fund.
To much in capital gains to do that.
by Rick Ferri
Sat Sep 08, 2018 7:58 pm
Forum: Investing - Theory, News & General
Topic: Why Bull Markets Are Dangerous
Replies: 152
Views: 16997

Why Bull Markets Are Dangerous

This is a true story.. My 86-year old mother called out of the blue today to complain about one of her investments. "It’s not earning enough," she said. Her portfolio is composed of two funds: 50 percent in a US total market index fund and 50 percent in an intermediate-term bond index fund. She has ...
by Rick Ferri
Fri Sep 07, 2018 2:24 pm
Forum: Investing - Help with Personal Investments
Topic: Investment portfolio advice needed!
Replies: 12
Views: 1359

Re: Investment portfolio advice needed!

Core-4 to me means a portfolio of 4 broadly diversified traditional index funds. The funds used in a Core-4 portfolio vary based on the needs and desires of each investor. The allocation between stocks and bonds will also depend on each client. I’m creating a website dedicated to Core-4 concepts an...
by Rick Ferri
Thu Sep 06, 2018 7:51 pm
Forum: Investing - Help with Personal Investments
Topic: Investment portfolio advice needed!
Replies: 12
Views: 1359

Re: Investment portfolio advice needed!

Core-4 to me means a portfolio of 4 broadly diversified traditional index funds. The funds used in a Core-4 portfolio vary based on the needs and desires of each investor. The allocation between stocks and bonds will also depend on each client. I’m creating a website dedicated to Core-4 concepts and...
by Rick Ferri
Tue Sep 04, 2018 9:27 am
Forum: Investing - Help with Personal Investments
Topic: How To Invest Windfall When At Market Top
Replies: 26
Views: 4098

Re: How To Invest Windfall When At Market Top

Hi Taylor, We all have blind spots and biases. Our eyes see things and our minds believe things that don’t exist. That’s where Bogleheads come in. The good people on this forum fill in our gaps without prejudice. They point out the obvious when it’s not so obvious. We just have to recognize this and...
by Rick Ferri
Tue Sep 04, 2018 8:44 am
Forum: Investing - Help with Personal Investments
Topic: How To Invest Windfall When At Market Top
Replies: 26
Views: 4098

Re: How To Invest Windfall When At Market Top

andrew99999 wrote:
Tue Sep 04, 2018 7:12 am
I found this post by Rick Ferri to be very helpful.
https://www.forbes.com/sites/rickferri/ ... 5f031511d3
Thanks for the mention. I recently updated this article:

6 Ideas for Lump Sum Investing

Rick Ferri
by Rick Ferri
Sun Sep 02, 2018 7:54 pm
Forum: Personal Consumer Issues
Topic: (FREE!) Art Collecting Event... what's the catch?
Replies: 11
Views: 1242

Re: (FREE!) Art Collecting Event... what's the catch?

I fell into this trap when I was in my early 20s. Bought several Dali prints from a gallery in Hawaii. Fortunately, I was able to take advantage of a guarantee and trade them back to the gallery for an original oil before the gallery was investigated and charged with fraud, then went out of business...
by Rick Ferri
Sat Sep 01, 2018 4:44 pm
Forum: Investing - Theory, News & General
Topic: Rebalancing Frequency? Daily vs annually?
Replies: 34
Views: 2317

Re: Rebalancing Frequency? Daily vs annually?

I’ve studied rebalancing intervals on a number of occasions. In general, annual works fine, every two years works fine, so does every five years. You could also use percentages. If your stock allocation becomes 5% greater than your target, rebalancing works fine. If you use 10%, it works fine also. ...
by Rick Ferri
Sun Aug 19, 2018 6:32 am
Forum: Personal Consumer Issues
Topic: As an American, where are some great places in the world to retire?
Replies: 151
Views: 14727

Re: As an American, where are some great places in the world to retire?

livesoft wrote:
Tue Aug 14, 2018 3:19 pm
Near the grandchildren seems to be a top choice for many people I know.
+1
by Rick Ferri
Fri Aug 10, 2018 12:03 pm
Forum: Personal Consumer Issues
Topic: How to get 2nd number on smartphone?
Replies: 22
Views: 2259

Re: How to get 2nd number on smartphone?

GoDaddy.com offers a second line for only a few dollars a month.

Rick Ferri
by Rick Ferri
Wed Aug 08, 2018 9:04 am
Forum: Investing - Theory, News & General
Topic: HELP!!!!! Need to find documentation of index superiority
Replies: 32
Views: 2911

Re: HELP!!!!! Need to find documentation of index superiority

Indexing does not beat 100% of actively managed strategies. About 10% of active strategies will outperform over a 15 year period. But which 10%? They all sound so sophisticated and promising, yet no one has come up with a way to ensure they’re in that 10%. Maybe you can get it to a 30% probably if y...
by Rick Ferri
Wed Aug 08, 2018 8:52 am
Forum: Investing - Help with Personal Investments
Topic: Better investments than the stock market?
Replies: 13
Views: 2294

Re: Better investments than the stock market?

“We buy select stocks before they go up and sell them before they go down; and if a stock isn’t going up, we don’t buy it.” Believe it or not, this was part of a sales itch I heard an active manager give a large gathering of financial advisers. We all looked at each other and asked, “Did he say what...
by Rick Ferri
Tue Aug 07, 2018 4:06 pm
Forum: Investing - Help with Personal Investments
Topic: Help with rebalancing
Replies: 10
Views: 928

Re: Help with rebalancing

Portfolio complexity is the linchpin of an investment adviser who charges high fees and delivers little value.

Stick close to a Core-4.

Rick Ferri
by Rick Ferri
Tue Jul 31, 2018 5:45 pm
Forum: Investing - Theory, News & General
Topic: I’m still not a fan of international bond funds
Replies: 213
Views: 21064

Re: I’m still not a fan of international bond funds

A few things about the above chart: 1) International bond PRICES have outperformed US bond PRICES as international yields fell to negatives territory while US yields did not go that low. Hence the one-time jump in returns to international bonds as depicted in the chart. 2) The US dollar had been str...
by Rick Ferri
Tue Jul 31, 2018 1:29 pm
Forum: Investing - Theory, News & General
Topic: I’m still not a fan of international bond funds
Replies: 213
Views: 21064

Re: I’m still not a fan of international bond funds

https://institutional.vanguard.com/iam/pdf/ISGGLBD.pdf?cbdForceDomain=true This Vanguard report states the obvious, having more bonds in a portfolio increases diversification. The report further states more diversification is gained with international bonds but only if the currency is hedged. What ...
by Rick Ferri
Tue Jul 31, 2018 1:10 pm
Forum: Investing - Theory, News & General
Topic: I’m still not a fan of international bond funds
Replies: 213
Views: 21064

Re: I’m still not a fan of international bond funds

Bobcat2, You might want to modify or delete your post because nowhere does it show I recommend emerging market bonds. Also, for the record, I no longer own or manage an investment firm. Rick Ferri Rick, totally off topic, but didn't you divest your firm and hit the road for awhile? It's good to see...
by Rick Ferri
Sun Jul 29, 2018 7:26 pm
Forum: Investing - Theory, News & General
Topic: I’m still not a fan of international bond funds
Replies: 213
Views: 21064

Re: I’m still not a fan of international bond funds

neurosphere wrote:
Sun Jul 29, 2018 2:57 pm
My question: I'll concede that international bond funds are not necessary. But are they to be actively AVOIDED?
International bond funds are unnecessary, but I would not go as far as saying avoid them.

Rick Ferri
by Rick Ferri
Sun Jul 29, 2018 2:31 pm
Forum: Investing - Theory, News & General
Topic: I’m still not a fan of international bond funds
Replies: 213
Views: 21064

Re: I’m still not a fan of international bond funds

The US dollar is up 3% this year, which explains the difference in return. The excess gain was from hedging currencies, which essentially means shorting foreign currencies using futures contracts and swaps. It was not a result of interest income or capital gains. If you didn't understand until now w...
by Rick Ferri
Sat Jul 28, 2018 2:17 pm
Forum: Investing - Theory, News & General
Topic: COMING SOON: BOGLEHEADS PODCASTS
Replies: 362
Views: 17908

Re: COMING SOON: BOGLEHEADS PODCASTS

The name of the podcast was chosen a couple of weeks ago. It's simply called: Bogleheads on Investing How was this selected? 1) The name has Bogleheads in it. 2) Plural use of Boglehead means more than one person is involved. 3) Investing describes the focus of the podcast. 4) The title is only a fe...
by Rick Ferri
Sat Jul 28, 2018 10:51 am
Forum: Investing - Help with Personal Investments
Topic: Retirees: how much cash?
Replies: 61
Views: 6654

Re: Retirees: how much cash?

Let’s differenciat types of “cash”. There are two, IMO. The first type is working capital. This is the cash we have on hand to pay known bills. These bills are paid weekly (food, gas), monthly (utilities, insurance, mortgage), quarterly (water, taxes) and annually (property tax). The proper investme...
by Rick Ferri
Fri Jul 27, 2018 9:59 pm
Forum: Investing - Theory, News & General
Topic: COMING SOON: BOGLEHEADS PODCASTS
Replies: 362
Views: 17908

Re: COMING SOON: BOGLEHEADS PODCASTS

The first podcast will be up mid-Sep, then every month thereafter.
by Rick Ferri
Sun Jul 22, 2018 8:50 pm
Forum: Investing - Theory, News & General
Topic: Inflation — Perspectives from Two Centuries, 1800-2016
Replies: 33
Views: 3293

Re: Inflation — Perspectives from Two Centuries, 1800-2016

Assuming inflation has become more highly correlated globally and less volatile, it follows that Central Bank policy across developed markets would also become more highly correlated and less volatile. If that’s true, then non-US interest rates will start moving higher relatively soon.

Rick Ferri
by Rick Ferri
Sat Jul 21, 2018 8:41 pm
Forum: Investing - Theory, News & General
Topic: COMING SOON: BOGLEHEADS PODCASTS
Replies: 362
Views: 17908

Re: COMING SOON: BOGLEHEADS PODCASTS

It will be interesting how long this podcast goes. Maybe 1 week of going over the philosophy and discussing a 3-fund portfolio then the next 500 episodes will be: "Welcome to the podcast! Just a reminder to stay the course. Well that's all we have this week, thanks for joining us!" And yet the boar...
by Rick Ferri
Thu Jul 19, 2018 8:46 pm
Forum: Personal Consumer Issues
Topic: [A Splendid Exchange, by William Bernstein - on sale for Kindle]
Replies: 19
Views: 2060

Re: Splendid Exchange Kindle Sale

This is one of Bill’s best economic history books. I highly recommend it!

Rick Ferri
by Rick Ferri
Wed Jul 18, 2018 7:29 pm
Forum: Personal Finance (Not Investing)
Topic: New book based on Millionaire Next Door
Replies: 120
Views: 16453

Re: New book based on Millionaire Next Door

Stanley’s original work from 20 years ago confirmed what I saw every day in my business. I advised thousands of investors over the years and learned early on that wealth accumulation is mostly a result of determination to save than a determination to reach a high income level. I also learned that pr...
by Rick Ferri
Wed Jul 18, 2018 8:11 am
Forum: Investing - Help with Personal Investments
Topic: How do you handle the urge to DO something?
Replies: 102
Views: 7582

Re: How do you handle the urge to DO something?

Put a small percentage of your savings in a separate account and trade it as you please. Leave the rest in a buy and hold account. After a while, compare the performance of your trading account to the market. Be honest! The result cures most people.
by Rick Ferri
Wed Jul 18, 2018 2:22 am
Forum: Investing - Theory, News & General
Topic: Exponential ETFs Podcast with Rick Ferri and Josh Brown
Replies: 4
Views: 952

Re: Exponential ETFs Podcast with Rick Ferri and Josh Brown

The idea the fund sponsor had with the S&P 500 reverse cap was to give Institutional investors a tool to lower the concentration of large cap stocks in a cap weight S&P 500 by purchasing one “reverse” fund.
by Rick Ferri
Tue Jul 17, 2018 9:10 pm
Forum: Investing - Theory, News & General
Topic: Exponential ETFs Podcast with Rick Ferri and Josh Brown
Replies: 4
Views: 952

Re: Exponential ETFs Podcast with Rick Ferri and Josh Brown

Reverse Cap Weighting is a niche strategy for a niche market. The ETF based on this strategy is designed for hedge funds and other institutional money managers. I briefly talked about the product in the podcast.

Rick Ferri
by Rick Ferri
Tue Jul 17, 2018 8:24 pm
Forum: Investing - Theory, News & General
Topic: Exponential ETFs Podcast with Rick Ferri and Josh Brown
Replies: 4
Views: 952

Exponential ETFs Podcast with Rick Ferri and Josh Brown

Exponential ETFs CEO Phil Bak is joined by Josh Brown and Rick Ferri to discuss how to be successful in the financial industry. Although this podcast was done mainly for the benefit of advisers, there is a lot of inside baseball discussed. My part starts at 17:10 minutes. Epidode #10: Making Better ...