Search found 1181 matches

by cinghiale
Fri Feb 15, 2019 2:38 pm
Forum: Investing - Theory, News & General
Topic: Wellesley’s Secret Sauce to Remain Secret
Replies: 22
Views: 3445

Re: Wellesley’s Secret Sauce to Remain Secret

Thanks, all, for the variety of well thought-out replies. I was gratified to see Wellesley’s performance via the SEC filings as posted by bklyn96 . At the same time, I’m left both perplexed and frustrated as to why Vanguard’s research department needed weeks to answer my inquiry with a toss-away “we...
by cinghiale
Fri Feb 15, 2019 4:33 am
Forum: Investing - Theory, News & General
Topic: Wellesley’s Secret Sauce to Remain Secret
Replies: 22
Views: 3445

Re: Wellesley’s Secret Sauce to Remain Secret

A schedule of holdings is not the same as fund performance. You link to the full listing of the stocks that Wellesley Income holds. That’s not the same as how that basket of stocks has performed, year to year. My original and ongoing question (the “secret sauce” question) is one of outperformance. D...
by cinghiale
Fri Feb 15, 2019 3:18 am
Forum: Investing - Theory, News & General
Topic: Wellesley’s Secret Sauce to Remain Secret
Replies: 22
Views: 3445

Wellesley’s Secret Sauce to Remain Secret

Back in 2014, I opened up a conversation about Wellesley Income, asking whether its equity component outperformed similar, equity-only funds (including the Value Index, Equity Income, Dividend Growth, and Total Stock funds for the sake of comparison and evaluation). See that thread here: https://www...
by cinghiale
Sat Feb 02, 2019 12:23 pm
Forum: Personal Investments
Topic: vanguard total market index funds
Replies: 5
Views: 417

Re: vanguard total market index funds

OP, Could you clarify and expand upon a few things? How much did you invest a year ago? What percentage of that amount is $300.00? (It is $300.00, right? Not $3000.00 or $30,000.00 or $300,000.00?) You joined the forum about a year and a half ago. I suspect you have read enough to know that you shou...
by cinghiale
Wed Jan 30, 2019 11:17 am
Forum: Investing - Theory, News & General
Topic: Unconventional investment choices
Replies: 79
Views: 5784

Re: Unconventional investment choices

james22 wrote, cinghiale wrote, 2015 wrote, I don't know if it's against any "recommendation", but I've stopped reading virtually everything related to investing. Living out an addiction to never ending financial noise causes one to miss the forest for the trees, the trees being the totality of the...
by cinghiale
Mon Jan 28, 2019 1:22 pm
Forum: Personal Finance (Not Investing)
Topic: What Percentage of Your Pre-Retirement Income are You Projecting You Will Need?
Replies: 108
Views: 7060

Re: What Percentage of Your Pre-Retirement Income are You Projecting You Will Need?

ralph124cf wrote, I have been retired five years, and our spending is approximately 160% of our preretirement spending. More time to do fun things. Pretty much this^^^^^, three years into retirement. The desire to travel, see, do, experience, learn, enjoy, grow, and encounter is primary at this poi...
by cinghiale
Mon Jan 28, 2019 9:51 am
Forum: US Chapters
Topic: How Did You End Up Here?
Replies: 58
Views: 3655

Re: How Did You End Up Here?

I joined more than 11 years ago. How and why and when? It happened in the aftermath of a kick in the seat of the pants. I had a standard brokerage account and, if asked, would have told you that “my guy” was doing well by us. In the late summer of 2007 he suggested that we sell out of the Pilgrim Pr...
by cinghiale
Mon Jan 28, 2019 1:44 am
Forum: Investing - Theory, News & General
Topic: Unconventional investment choices
Replies: 79
Views: 5784

Re: Unconventional investment choices

2015 wrote, I don't know if it's against any "recommendation", but I've stopped reading virtually everything related to investing. Living out an addiction to never ending financial noise causes one to miss the forest for the trees, the trees being the totality of the complex adaptive system humans ...
by cinghiale
Fri Jan 25, 2019 3:24 pm
Forum: Personal Finance (Not Investing)
Topic: No Children, what will your legacy be?
Replies: 118
Views: 8740

Re: No Children, what will your legacy be?

bluquark wrote, Oceana is one such charity doing this which I have donated to: https://oceana.org//our-campaigns/plastics/campaign . Note that their remit is not narrowly pollution but also overfishing and other threats to the ocean. Thanks for this! Now I have two organizations to look into. Thank...
by cinghiale
Fri Jan 25, 2019 2:09 pm
Forum: Personal Finance (Not Investing)
Topic: No Children, what will your legacy be?
Replies: 118
Views: 8740

Re: No Children, what will your legacy be?

Agree with those who encourage linking bequests to current ethical/moral/social/economic/transcendent priorities and concerns. We have written into our estate plan the same groups we have supported over the long term, such as Direct Relief International (world hunger and disaster relief), Mercy for ...
by cinghiale
Wed Jan 23, 2019 8:43 am
Forum: Investing - Theory, News & General
Topic: One Fund to Rule Them All
Replies: 52
Views: 4647

Re: One Fund to Rule Them All

A vote for a Target Date fund based on an observation I haven’t seen mentioned yet. The OP’s daughter is 24. She has witnessed a steady upward rise in US equities since she was 14. Does she have any recollection of the 2008-2009 downward cascade of stock prices? That happened when she was a pre-teen...
by cinghiale
Tue Jan 22, 2019 12:28 pm
Forum: Personal Consumer Issues
Topic: Bogleheads Drink Up! [Bogle Vineyards Wine]
Replies: 35
Views: 9243

Re: Bogleheads Drink Up! [Bogle Vineyards Wine]

barreg beat me to it...

Can’t have a Bogle vineyard wines discussion without highlighting the ever-quaffable Phantom. An outstanding value.

Image
by cinghiale
Sun Jan 06, 2019 2:19 pm
Forum: Personal Consumer Issues
Topic: Retirees: any major goals for 2019?
Replies: 72
Views: 4503

Re: Retirees: any major goals for 2019?

Shallowpockets wrote, Why do people leave it so open ended? You should not leave yourself an escape route. After all it is you who decides on the goal. If you think you cannot do it, then discard it as a goal. Spoilsport. :wink: Hey, this thread solicits the input of retirees . I, for one, retain t...
by cinghiale
Sun Jan 06, 2019 2:27 am
Forum: Personal Finance (Not Investing)
Topic: Social Security question hindsight
Replies: 65
Views: 5009

Re: Social Security question hindsight

This article has been cited in past threads concerning Social Security. I think it’s an important addition to the conversation, as it explores a number of different variables that could move the marker for the “breakeven point” for receiving benefits.

http://danielamerman.com/va/BenefitAge.html
by cinghiale
Sat Jan 05, 2019 12:55 pm
Forum: Personal Finance (Not Investing)
Topic: Social Security question hindsight
Replies: 65
Views: 5009

Re: Social Security question hindsight

jacksonm wrote, I think it might be a sign of a healthy mind not to go looking for cognitive dissonance-producing information after you've already made a decision that you can't change in hindsight. Other than advising someone not to make the same mistake what good would it do? You may well be righ...
by cinghiale
Fri Jan 04, 2019 4:19 pm
Forum: Personal Consumer Issues
Topic: Retirees: any major goals for 2019?
Replies: 72
Views: 4503

Re: Retirees: any major goals for 2019?

WoodSpinner wrote,
- Loose 30 more pounds (85 already lost starting in 2017) and continues he getting into better shape.
Wow. Bravo. Way to go, and all the best with this year’s target.
Love this thread—it’s nice to be among people who actively think about this planning!
Agreed! :sharebeer
by cinghiale
Fri Jan 04, 2019 4:11 pm
Forum: Personal Finance (Not Investing)
Topic: Social Security question hindsight
Replies: 65
Views: 5009

Re: Social Security question hindsight

ResearchMed wrote, It's also much easier to think that you made the "right" decision, rather than later to think - or to have to type into an online Forum entry! - that you didn't make the "right" choice. :shock: I think there’s a behavioral economics term for that as well! :beer In social psycholo...
by cinghiale
Fri Jan 04, 2019 3:12 pm
Forum: Personal Finance (Not Investing)
Topic: Social Security question hindsight
Replies: 65
Views: 5009

Re: Social Security question hindsight

I don’t have the source citations at my fingertips, but some recent polling in this area showed that most people are happy with the choice they made for taking SS, no matter at what age they did. I’m sure there’s a behavioral economics term for this. Though, it’s easy to see how the early takers wou...
by cinghiale
Fri Jan 04, 2019 2:50 pm
Forum: Investing - Theory, News & General
Topic: Is there a Nassim Taleb portfolio?
Replies: 38
Views: 4472

Re: Is there a Nassim Taleb portfolio?

rubthemtogether wrote: Hi. That's my site. Thanks for posting this and glad you enjoyed reading it Hello back. And welcome to the forum. As a recent retiree, I’ve been seeking a more flaneurish lifestyle and attitude. Your essay was, and is, a keeper. I have bookmarked it and have forwarded it alon...
by cinghiale
Fri Jan 04, 2019 2:30 pm
Forum: Personal Consumer Issues
Topic: Retirees: any major goals for 2019?
Replies: 72
Views: 4503

Re: Retirees: any major goals for 2019?

As the fourth year of retirement freedom begins, a reiteration of last year’s goals and the addition of this year’s. 2018 Goals: — Cherish every day of good health. — Cherish every moment with La Bella Signora . — Lead with kindness in all situations and with all who I encounter. — Find ways to be o...
by cinghiale
Tue Jan 01, 2019 12:46 pm
Forum: Personal Consumer Issues
Topic: The Best To All
Replies: 7
Views: 570

Re: The Best To All

I’m sure there are many exceptions, but it seems to (very!) frequently be that it takes until a serious health event hits one (or one’s loved ones) before that deep, abiding appreciation of good health finally occurs. What better wish... to all on the forum: A very happy and healthy New Year. Thanks...
by cinghiale
Fri Dec 28, 2018 4:18 pm
Forum: Personal Investments
Topic: Fidelity Small-cap value fund
Replies: 29
Views: 2539

Re: Fidelity Small-cap value fund

If and when you get to $110,000 invested in VSIAX, the 0.07% expense ratio will cost you $75.00 per year. If VSIAX is your best option, I wouldn’t let $75.00 be a deal breaker. Over the long-term, that initial expense will disappear.
by cinghiale
Fri Dec 28, 2018 3:42 pm
Forum: Personal Investments
Topic: New Boglehead - Am I on the right track?
Replies: 4
Views: 356

Re: New Bogglehead - Am I on the right track?

Drolen wrote,
Thanks!. Yes I mistyped the VB/VT, now corrected to VTIAX and VTSAX
While you are doing a bit of tidying and editing...

Boglehead

Bogle

One “g”.
by cinghiale
Fri Dec 28, 2018 3:37 pm
Forum: Personal Investments
Topic: Fidelity Small-cap value fund
Replies: 29
Views: 2539

Re: Fidelity Small-cap value fund

How much are you considering investing? A $75.00 initial fee may be an unacceptably high percentage of the total amount you are going to invest, or it may add a meaningless few basis points to the long-term costs of owning VSIAX. Think in terms of percent, not the dollar amount. Otherwise, you may b...
by cinghiale
Fri Dec 28, 2018 3:10 pm
Forum: Personal Consumer Issues
Topic: Shoes to wear with jeans to the office?
Replies: 87
Views: 5693

Re: Shoes to wear with jeans to the office?

I’m going to assume that “shoes” mean shoes, not boots or sneakers or hybrid thingys.

Look at Ecco oxfords. Brown or mahogany, never black. Go great with jeans, and provide a nice formal-informal complimentary.
by cinghiale
Fri Dec 28, 2018 3:03 pm
Forum: Investing - Theory, News & General
Topic: Nobody asked me but
Replies: 46
Views: 4656

Re: Nobody asked me but

While I agree with many of the points made in response to the original post, I also detect a rather unholiday-like undercurrent of sarcasm, snarkiness, and condescension within some of the replies. Kudos to the OP for answering in a gracious and non-defensive manner. Maybe our sense of decorum could...
by cinghiale
Wed Dec 26, 2018 1:38 pm
Forum: Investing - Theory, News & General
Topic: What have you learned this year
Replies: 90
Views: 6969

Re: What have your learned this year

VictoriaF wrote,
Philosophical: The concept of finite and infinite games. I am now trying to apply it to many aspects of my life and life in general.
OK, I don’t want to hijack the thread, but this looks too intriguing to simply let go by the boards. Victoria, a few words of explanation here?
by cinghiale
Wed Dec 26, 2018 1:55 am
Forum: Investing - Theory, News & General
Topic: What have you learned this year
Replies: 90
Views: 6969

Re: What have your learned this year

Financial: An asset allocation that looked rather stodgy and overly-conservative during the go-go seasons has looked (and performed) pretty good over these last few tumultuous weeks.

Personal: Health is paramount, and should be cherished, protected, and nourished to be best of one’s abilities.
by cinghiale
Mon Dec 24, 2018 2:40 pm
Forum: Personal Consumer Issues
Topic: Favorite Purchase of 2018?
Replies: 255
Views: 19727

Re: Favorite Purchase of 2018?

ResearchMed asked, Is this part of their Round The World, or have you put together a bunch of B2B's (Back to Backs)? We love their two larger ships, but wish there were more variety to the itineraries. The small size of the cabins (including PH) worries us for very lengthy trips. Maybe even for som...
by cinghiale
Mon Dec 24, 2018 2:27 pm
Forum: US Chapters
Topic: My New Avatar
Replies: 23
Views: 1474

Re: My New Avatar

Mood matching?

No avatar switch can rescue me.
by cinghiale
Mon Dec 24, 2018 2:06 pm
Forum: Personal Consumer Issues
Topic: Favorite Purchase of 2018?
Replies: 255
Views: 19727

Re: Favorite Purchase of 2018?

Yukon asked, Which cruise line? I'm not a huge fan of cruises but mostly because of the crowds and port hassles due to sheer volume of people. I'd imagine 49 days would limit the size of the ship? And perhaps allow more leisurely travel than the mob scene of 6 hr stops? Apologies for the tardy repl...
by cinghiale
Mon Dec 24, 2018 1:50 pm
Forum: Investing - Theory, News & General
Topic: Adrian's Rule Revisited
Replies: 24
Views: 4807

Re: Adrian's Rule Revisited

Like jeffyscott , I chimed in on this back in 2010, before Adrian took his ball and went home (never quite understood the reason why). Along with Adrian’s rule, I would mix the following three ingredients into the recipe for asset allocation and dealing with risk: — Mr. Bogle’s “Age in Bonds” sugges...
by cinghiale
Mon Dec 24, 2018 12:50 pm
Forum: Investing - Theory, News & General
Topic: Is there a Nassim Taleb portfolio?
Replies: 38
Views: 4472

Re: Is there a Nassim Taleb portfolio?

I suspect Taleb would prefer you reposition your view of life and fulfillment than go thrashing around trying to mimic his investment strategy. Here’s a little something in the spirit of the season: Google “Taleb” and “flaneur.” Rummage around on what Taleb had written about life, leisure, reading, ...
by cinghiale
Fri Dec 14, 2018 12:33 pm
Forum: Personal Consumer Issues
Topic: Favorite Purchase of 2018?
Replies: 255
Views: 19727

Re: Favorite Purchase of 2018?

The cruise of a lifetime. It isn’t happening until 2020, but we locked it in this year. And are slowly, slowly, whittling away at the payment for it. A total of 49 days along the west coast of Central and South America, around Cape Horn, and finishing in Rio de Janiero. “This is gold, Jerry. Gold!”
by cinghiale
Mon Dec 03, 2018 5:25 am
Forum: Personal Finance (Not Investing)
Topic: Retirement itch- when did you get it?
Replies: 145
Views: 14698

Re: Retirement itch- when did you get it?

A sabbatical year provided a nice “test drive” of retirement, and tipped the first domino toward wanting to retire. I was 49. It took just over ten years to feel good about our savings-to-spending equation, lock in health benefits through the state system, and be emotionally-mentally-socially ready ...
by cinghiale
Fri Nov 30, 2018 11:23 am
Forum: Personal Finance (Not Investing)
Topic: Marriott Starwood Security breach - 500 million guests
Replies: 26
Views: 3547

Re: Marriott Starwood Security breach - 500 million guests

A checklist of things to do if you suspect that your personal data and information were implicated:

https://www.cnbc.com/2018/11/30/how-to- ... um=twitter
by cinghiale
Fri Nov 30, 2018 11:15 am
Forum: Personal Finance (Not Investing)
Topic: Marriott Starwood Security breach - 500 million guests
Replies: 26
Views: 3547

Re: Marriott Starwood Security breach - 500 million guests

Thank you very much for posting this. I was able to follow the link and get enrolled in the proffered protection service. Given the incremental way in which affected customers will be notified, your timely post may have allowed me to get out in front of potentially millions of applicants. Again, big...
by cinghiale
Tue Nov 27, 2018 12:11 pm
Forum: Investing - Theory, News & General
Topic: Bogleheads Greatest Hits
Replies: 27
Views: 3749

Re: Bogleheads Greatest Hits

If by “greatest hit” we mean the most important insight, the most telling “Ah Hah!” moment that has been communicated here on the forum, I would nominate Mr. Bogle’s profound insight that reading, study, and knowledge does not, and cannot, lead to expertise in the realms of economics and investments...
by cinghiale
Mon Nov 26, 2018 12:34 pm
Forum: Personal Investments
Topic: Good newsletters for speculative investments?
Replies: 14
Views: 961

Re: Good newsletters for speculative investments?

If you get the itch, look at the Stock Gumshoe website before scratching it. www.stockgumshoe.com . There’s something sobering about reading the litany of “top secret stocks” and “the next Berkshire Hathaway” pitches from the countless gurus and groups who want to make a living off your fear, greed,...
by cinghiale
Mon Nov 26, 2018 7:15 am
Forum: Personal Consumer Issues
Topic: IHG Points
Replies: 8
Views: 942

Re: IHG Points

I forgot to mention something concerning the kinds of “premium,” “elite,” “platinum,” and “premier elite” cards that the US banks seem to dispense like Pez candies these days. These cards are particularly useful in European hotels. European credit card vendors usually do not make points offers to ne...
by cinghiale
Sun Nov 25, 2018 5:19 am
Forum: Personal Consumer Issues
Topic: IHG Points
Replies: 8
Views: 942

Re: IHG Points

Good going, JBTX . That was a goodly bunch of points in play. And you persisted, which often is the only way to find a decision-maker who will see your side of the appeal. I just signed up for the new IHG Premier card, which awards 80,000 points after spending $2000.00 over the first three months. T...
by cinghiale
Sat Nov 24, 2018 10:31 am
Forum: Personal Consumer Issues
Topic: What’s your “barometer” for luxury purchases?
Replies: 72
Views: 5609

Re: What’s your “barometer” for luxury purchases?

midareff wrote, At 71 (next month) doing the things I want to do and seeing parts of the world I want to see while I can is my top priority... This is key. An important aspect of “delayed consumption” (economics) and/or “delayed gratification” (psychology) is that at some point one intends to consu...
by cinghiale
Sat Nov 24, 2018 3:01 am
Forum: Personal Consumer Issues
Topic: What’s your “barometer” for luxury purchases?
Replies: 72
Views: 5609

Re: What’s your “barometer” for luxury purchases?

The sample list above is a list of tangible items. Perhaps the OP wants to keep the discussion focused on things one buys and then uses on an ongoing basis. However, there are luxury choices within consumabales as well, and past threads have discussed the “buying experiences instead of things” disti...
by cinghiale
Fri Nov 23, 2018 3:28 am
Forum: Personal Finance (Not Investing)
Topic: What financial information do you share with your family and relatives?
Replies: 112
Views: 9882

Re: What financial information do you share with your family and relatives?

The OP did not include questions about net worth. That, to me, is a total no-go zone. An immediate family member asked me that years ago, I told him, and the relationship was never quite the same after. Salary? Meh. Maybe so, maybe no. My salary was readily available online (if one knew where to loo...
by cinghiale
Mon Nov 19, 2018 1:40 am
Forum: Investing - Theory, News & General
Topic: Where do you get your information? Favorite blogs/sites/resources?
Replies: 25
Views: 2722

Re: Where do you get your information? Favorite blogs/sites/resources?

WanderingDoc wrote, “I have religiously listened to ~120 of Sam Harris' podcasts from Day 1. Then I realized he is not as impartial and clear-headed as I thought. He leans heavily one way politically and it has really shown in the last few months. Also, I find a multi-millionaire begging for donati...
by cinghiale
Mon Nov 19, 2018 1:21 am
Forum: Personal Investments
Topic: Current Retirees: Do you touch your principal?
Replies: 79
Views: 8398

Re: Current Retirees: Do you touch your principal?

For the first two years of retirement, a technical, mathematical answer was “no,” as portfolio appreciation outdistanced the withdrawal rate. But this year? Looks like portfolio returns will be flat to slightly negative. Therefore, principal will come into play. This perspective can be easily critic...
by cinghiale
Sun Nov 18, 2018 2:51 pm
Forum: Investing - Theory, News & General
Topic: Where do you get your information? Favorite blogs/sites/resources?
Replies: 25
Views: 2722

Re: Where do you get your information? Favorite blogs/sites/resources?

Too much worthwhile reading out there, too little time. I’m immensely grateful for the Bogleheads page, as I use it to filter what’s out there in terms of economic and investment insights. Sometimes I’ll follow a recommended link back to a primary source, but usually I’m happy with the distillation ...
by cinghiale
Sat Nov 17, 2018 3:35 am
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: 7 Investing Rules
Replies: 14
Views: 2519

Re: Larry Swedroe: 7 Investing Rules

Very good review of the key points. I particularly like #6, touching on loss aversion and our tendency to feed into it when we check our portfolio performance too frequently.

But... where is the 7th investing rule? The article goes from Rule #6 to the Summary. Did I miss something?
by cinghiale
Fri Nov 16, 2018 12:52 pm
Forum: Personal Consumer Issues
Topic: One food I could never give up
Replies: 33
Views: 1848

Re: One food I could never give up

Olives. And the fresh oil pressed from them.

I live in olive heaven. More than 200 varieties of olives and olive oil where I live. Each week in the central market is another adventure.
by cinghiale
Fri Nov 16, 2018 3:54 am
Forum: Personal Investments
Topic: Muscular Portfolios Questions
Replies: 17
Views: 2741

Re: Muscular Portfolios Questions

This is a sidebar to the OP’s main questions, but I’m left wondering about this kind of strategy. It appears to be the opposite of the old “Dogs of the Dow” system, where you buy the five highest yielding Dow stocks at a set point each year. High dividends in this case indicate value, and perhaps re...