Search found 1118 matches

by cinghiale
Sun Aug 12, 2018 12:22 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe:Don’t Go “Mad Money”
Replies: 22
Views: 2952

Re: Larry Swedroe:Don’t Go “Mad Money”

hicabob quoted,
Cramer himself provides a fitting conclusion: In a 2007 issue of New York magazine, he stated: “God knows why, but there seems to be a market for this kind of idiocy.”
Oh, this is perfect. This is splendidly candid and revealing.
by cinghiale
Fri Jul 13, 2018 1:38 pm
Forum: Personal Consumer Issues
Topic: How much does your accountant cost?
Replies: 21
Views: 2135

Re: How much does your accountant cost?

Way... Too... Much. But I square the cognitive dissonance (expenses matter vs. I’m paying this guy right close to $1000.00) with the following “dissonance reduction mechanisms:” — I know that a complicated return has been done correctly. — I’m benefiting from a 20-year relationship with an expert in...
by cinghiale
Fri Jul 13, 2018 7:57 am
Forum: Personal Consumer Issues
Topic: That Extravagant Thing You Do
Replies: 245
Views: 49738

Re: That Extravagant Thing You Do

Victoria and ResearchMed asked for thermal spa details... Here goes: http://www.gardenterme.it/en/ . You can adjust the language preference on the top right. Agree, Victoria , that there are some grand old spas in Eastern Europe. I note your past posting on taking the thermal waters, and still have...
by cinghiale
Thu Jul 12, 2018 9:05 am
Forum: Personal Consumer Issues
Topic: That Extravagant Thing You Do
Replies: 245
Views: 49738

Re: That Extravagant Thing You Do

Wow. The revival of an almost 10 year-old thread, courtesy of some thread melds by the moderators. Since the original posting, I have added thermal baths to the mix. Thermal waters are far more prevalent in Europe than in the US, so affordable choices abound. But, there is an extravagant version. We...
by cinghiale
Thu Jul 12, 2018 8:47 am
Forum: Personal Consumer Issues
Topic: Is expensive olive oil worth it?
Replies: 59
Views: 5712

Re: Is expensive olive oil worth it?

A vote for “yes,” though my perspective is heavily influenced by living in an olive oil producing Mecca. There are somewhere around 270 different varieties of olive oil in Spain. We have sampled but a few, and that sampling has allowed us to home in on the region and type we prefer. These are low-vo...
by cinghiale
Fri Jul 06, 2018 2:03 pm
Forum: Personal Finance (Not Investing)
Topic: 10 years to lose wealth applicable to bogleheads ?
Replies: 32
Views: 3839

Re: 10 years to lose wealth applicable to bogleheads ?

Victoria wrote, I'll add the third category: the passive income in retirement. In summary, there are three distinct measures of how much money one has: 1. Employment income during working years. 2. Total wealth. 3. Passive retirement income generated by Social Security, private pensions, purchased ...
by cinghiale
Fri Jul 06, 2018 11:35 am
Forum: Personal Finance (Not Investing)
Topic: 10 years to lose wealth applicable to bogleheads ?
Replies: 32
Views: 3839

Re: 10 years to lose wealth applicable to bogleheads ?

“It’s not what you make. It’s what you keep.” As bottlecap already observed, things get muddled when income and wealth are used interchangably. I would bet that there are many, many forum members who never got close to the 1% income level during any year of employment, but who find themselves in a v...
by cinghiale
Fri Jul 06, 2018 11:18 am
Forum: Personal Finance (Not Investing)
Topic: Retirement Destination - are you happy with your choice?
Replies: 127
Views: 15655

Re: Retirement Destination - are you happy with your choice?

KnowNth asked, What about Health Insurance? Do you purchase private insurance in Spain? Does that cover your traveling back to the states for visits? cinghiale wrote: ↑Wed Jul 04, 2018 2:20 pm Spain, on the Costa Blanca. There certainly are places along the Mediterranean coast, France included, tha...
by cinghiale
Wed Jul 04, 2018 1:20 pm
Forum: Personal Finance (Not Investing)
Topic: Retirement Destination - are you happy with your choice?
Replies: 127
Views: 15655

Re: Retirement Destination - are you happy with your choice?

TravelforFun asked, Which southern European destination were you referring to? I love the south of France but may be it's not southern enough? Spain, on the Costa Blanca. There certainly are places along the Mediterranean coast, France included, that would feature all, or most, of the factors I men...
by cinghiale
Wed Jul 04, 2018 10:07 am
Forum: Investing - Theory, News & General
Topic: Two WSJ articles on comparing index and actively managed endowments
Replies: 13
Views: 2242

Re: Two WSJ articles on comparing index and actively managed endowments

The second excerpt concluded,
Instead, it achieved its stellar returns by investing 70% of its money with stock pickers and sticking with them.
A little help here? How, exactly, do 6.1% returns qualify as “stellar?”
by cinghiale
Wed Jul 04, 2018 9:55 am
Forum: Personal Consumer Issues
Topic: Hearing aids
Replies: 29
Views: 3229

Re: Hearing aids

Not wanting to sidetrack the thread, but has anyone heard any updates about the law passed last year to allow hearing aids to be sold over the counter (OTC Hearing Aid Act)?
by cinghiale
Wed Jul 04, 2018 9:47 am
Forum: Personal Finance (Not Investing)
Topic: Retirement Destination - are you happy with your choice?
Replies: 127
Views: 15655

Re: Retirement Destination - are you happy with your choice?

I suppose Meme , the OP, was referring to US destinations. Here’s a vote for across the pond. It’s not for everybody (I do believe past threads have borne that out!), but we are very happy with our Southern European retirement destination. Pointing to what a number of respondents have already emphas...
by cinghiale
Sun Jun 24, 2018 1:36 am
Forum: Investing - Theory, News & General
Topic: Howard Marks Letter - Investing without people
Replies: 1
Views: 541

Re: Howard Marks Letter - Investing without people

Thank you packer16 for posting this. Marks writes a thoughtful letter, and past threads have highlighted the quality and salience of it. Of particular interest to those who frequent this forum (and who have a significant commitment to passive investing) is Marks’ questioning whether there may be a p...
by cinghiale
Mon Jun 18, 2018 5:33 am
Forum: Investing - Theory, News & General
Topic: Our interview with Taylor Larimore
Replies: 17
Views: 3848

Re: Our interview with Taylor Larimore

What strikes me about this interview is the timeline. Note that Taylor had 35 years of investing (1951-1986) under his belt before “seeing the light” and shifting his assets to Vanguard. And then it took more years before his market timing strategies failed to produce and his reading of Bogle on Mut...
by cinghiale
Sun Jun 17, 2018 9:42 am
Forum: Personal Consumer Issues
Topic: How do you read books?
Replies: 34
Views: 3155

Re: How do you read books?

If you are asking about the dynamics of reading, may I suggest this short, fun, and informative book? https://www.amazon.com/Little-Guide-Your-Well-Read-Life/dp/1929154178/ref=sr_1_1?s=books&ie=UTF8&qid=1529246339&sr=1-1&keywords=Steve+leveen Steve Leveen discusses previewing a book, the joys of sid...
by cinghiale
Sun Jun 17, 2018 9:37 am
Forum: Investing - Help with Personal Investments
Topic: Beginner's first stock suggested purchase
Replies: 5
Views: 337

Re: Beginner's first stock suggested purchase

If you have taken some time to read topics and threads in this forum, may I politely ask why you posed such a question? If you haven’t taken the time to rummage around and read a few dozen threads relating to investment theory here, may I suggest that you do? Then you may have some better perspectiv...
by cinghiale
Fri May 11, 2018 7:21 am
Forum: Investing - Help with Personal Investments
Topic: TIAA Real Estate
Replies: 67
Views: 4197

Re: TIAA Real Estate

folkher0 wrote, Stocks or bonds go up and down, TIAA real estate just chugs along slowly. Like a steamroller. I’d be careful with this claim. Look at the 10 year chart. Look at late 2008 and 2009. The fund has done very nicely since, but took a significant hit during that period right alongside sto...
by cinghiale
Thu May 03, 2018 1:40 pm
Forum: Investing - Theory, News & General
Topic: Navigating the dark side of capitalism
Replies: 19
Views: 1599

Re: Navigating the dark side of capitalism

BogleMelon wrote, Only one way to do so: don't buy their product/service I would add something to this. You can also become vocal and active in opposing a company and a particular product made by a company. I have no interest in getting this thread locked, so I’ll refrain from naming a particular c...
by cinghiale
Thu May 03, 2018 1:18 pm
Forum: Investing - Help with Personal Investments
Topic: Starting to smell like buying season?
Replies: 55
Views: 6852

Re: Starting to smell like buying season?

I’m currently re-reading Larry Swedroe’s Investment Mistakes Even Smart Investors Make . It’s early in the review... only up to Mistake #19 (out of 77 total). Maybe someone with a better recollection of this book can provide a reminder. I know this falls in to “mistake” territory, but can’t figure o...
by cinghiale
Thu Apr 26, 2018 4:05 pm
Forum: Investing - Theory, News & General
Topic: White Coat Investor Interviews Paul Merriman
Replies: 37
Views: 6859

Re: White Coat Investor Interviews Paul Merriman

Please specify. “A certain undercurrent.” If you mean that “the best we can come up with” is sometimes treated as chiseled-in-stone revealed truth, I’ll agree with you. But the main current I get here is the joy and relief of escaping high fees, crappy funds, chaotic portfolios, and semi-competent f...
by cinghiale
Thu Apr 26, 2018 3:01 pm
Forum: Investing - Theory, News & General
Topic: White Coat Investor Interviews Paul Merriman
Replies: 37
Views: 6859

Re: White Coat Investor Interviews Paul Merriman

And this within the link just provided: Explanation: Richard Dawkins certainly knows about evolution, and he can confidently tell us that it is true, but that doesn't make it true. What makes it true is the preponderance of evidence for the theory. I do believe that Taylor quotes the experts not as ...
by cinghiale
Thu Apr 26, 2018 1:56 pm
Forum: Investing - Theory, News & General
Topic: White Coat Investor Interviews Paul Merriman
Replies: 37
Views: 6859

Re: White Coat Investor Interviews Paul Merriman

Thank you, Mr. Merriman, for taking the time to write such a gracious and thoughtful apologia.
by cinghiale
Thu Apr 26, 2018 1:48 pm
Forum: Personal Consumer Issues
Topic: New retirees: so whatdayathink ?
Replies: 97
Views: 12171

Re: New retirees: so whatdayathink ?

barry2ipa asked, Question: Maybe i am being paranoid - but i wanted a somewhat rigorous plan for the 1st year of retirement. My wife wants to just take 6 months to relax and then figure out things. My worry is that i dont want us to get into a habit of not making the most of each day. This may be a...
by cinghiale
Thu Apr 26, 2018 1:28 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Financial Perils Of Old Age
Replies: 94
Views: 11696

Re: Larry Swedroe: Financial Perils Of Old Age

Apropos of the Atlantic article cited upthread, here’s another important contribution to the topic. The title is “How Doctors Die.” This was mentioned in a past thread, but it’s worth highlighting again:

https://www.nytimes.com/2013/11/20/your ... s-die.html
by cinghiale
Mon Apr 23, 2018 12:51 pm
Forum: Personal Consumer Issues
Topic: New retirees: so whatdayathink ?
Replies: 97
Views: 12171

Re: New retirees: so whatdayathink ?

md&pharmacist wrote, I can retire tomorrow at age 45 but have no desire to do so. I know that when I do retire, that will include more volunteer work. I currently volunteer at a free clinic one day a month and it feels the most rewarding to me. I also mind the example I set for my children if I ret...
by cinghiale
Sun Apr 22, 2018 1:08 pm
Forum: Personal Consumer Issues
Topic: New retirees: so whatdayathink ?
Replies: 97
Views: 12171

Re: New retirees: so whatdayathink ?

Now almost 2.5 years out from under the job. All has been good. I find some way to give thanks every day for the personal freedom that comes with retirement. The biggest surprise? It is tied to freedom: I’ve been surprised how fiercely I value negative freedom ; that is, the freedom not to do things...
by cinghiale
Thu Apr 19, 2018 11:26 am
Forum: Personal Consumer Issues
Topic: Perks of Owning Certain Individual Stocks
Replies: 28
Views: 3637

Re: Perks of Owning Certain Individual Stocks

02nz wrote, One thing to offer perks for shareholders, but if they're actually enticing cruise passengers to buy their stock with beverage credits, that seems like a cheap trick by management to increase their own compensation, which is almost certainly tied to stock price. Apologies here. In the i...
by cinghiale
Wed Apr 18, 2018 11:00 am
Forum: Personal Consumer Issues
Topic: Perks of Owning Certain Individual Stocks
Replies: 28
Views: 3637

Perks of Owning Certain Individual Stocks

Hello, All. Recently I booked a 21 day cruise with Norwegian Cruise Lines. A few years ago we booked a shorter cruise, and somewhere in the process we were encouraged to buy 100 shares of Norwegian Cruise Lines Holdings (ticker: NCLH). That minimum share holding entitled us to $100.00 of shipboard c...
by cinghiale
Sun Apr 15, 2018 1:30 pm
Forum: Investing - Help with Personal Investments
Topic: GUNR , your thoughts and opionions please [FlexShares Morningstar® Global Upstream Natural Resources]
Replies: 4
Views: 366

Re: GUNR , your thoughts and opionions please [FlexShares Morningstar® Global Upstream Natural Resources]

Well, here’s what you would be getting. Expense ratio for the fund appears to be .46%. Top 10 Holdings (36.41% of Total Assets)Get Quotes for Top Holdings Name Symbol % Assets Exxon Mobil Corp XOM 5.07% Monsanto Co MON 4.79% Chevron Corp CVX 3.96% BHP Billiton Ltd BHP.AX 3.93% Nutrien Ltd NTR.TO 3.6...
by cinghiale
Sat Apr 07, 2018 11:54 am
Forum: Personal Consumer Issues
Topic: Is it very hard to learn Spanish?
Replies: 65
Views: 4732

Re: Is it very hard to learn Spanish?

OP,
How old are you? (Serious question here.). And just how much within an average day are you obligated to think and speak in English?
by cinghiale
Sat Apr 07, 2018 8:11 am
Forum: Investing - Help with Personal Investments
Topic: Current Thinking About TIAA Real Estate?
Replies: 18
Views: 1684

Re: Current Thinking About TIAA Real Estate?

beardsworth wrote, cinghiale, suggest you look at Morningstar's TIAA discussion forum, where not a week passes (and, it seems, sometimes not a day) without a discussion of this vehicle. Just look down the current previous thread title pages for TREA (TIAA Real Estate Account) and other discussions ...
by cinghiale
Sat Apr 07, 2018 5:44 am
Forum: Investing - Help with Personal Investments
Topic: Current Thinking About TIAA Real Estate?
Replies: 18
Views: 1684

Current Thinking About TIAA Real Estate?

Do those who hold TIAA Real Estate (Ticker: QREARX) or who watch it have any thoughts about its performance vis-a-vis most other REIT funds over the past few years? I just reviewed a lengthy discussion from 2013 (See at https://www.bogleheads.org/forum/viewtopic.php?p=1897019#p1897019 ) and was stru...
by cinghiale
Mon Mar 12, 2018 2:24 am
Forum: Personal Consumer Issues
Topic: structured vs. unstructured time in retirement
Replies: 18
Views: 2322

Re: structured vs. unstructured time in retirement

Good topic. Good, thoughtful responses. Thanks to all thus far. Most retirement discussions include two important points of wisdom/common sense: Everyone does it differently, and there will be varied seasons in retirement. For the former, it’s a matter of “know thyself.” For the latter, it helps be ...
by cinghiale
Sun Mar 11, 2018 1:01 pm
Forum: Investing - Help with Personal Investments
Topic: PedalPub investment
Replies: 22
Views: 2210

Re: PedalPub investment

stemikger nailed it: liability.

Here’s a classic Monty Python and the Holy Grail line worth considering: “Run Away, Run Away...”
by cinghiale
Sun Mar 11, 2018 10:47 am
Forum: Personal Finance (Not Investing)
Topic: Something weird this day came
Replies: 22
Views: 2884

Re: Something weird this day came

Yooper wrote: Hints of the "Red-Headed League".......... And an_asker replied, I thought this sounded like the beginning of a Sherlock Holmes mystery as well!! But wait... there’s more. Look at Spirit Rider’s thread title. Let this affair end up more A. Conan Doyle and less Ray Bradbury... or Macbe...
by cinghiale
Sat Mar 10, 2018 12:30 pm
Forum: Investing - Help with Personal Investments
Topic: Dumped My Advisor, Now What?
Replies: 77
Views: 5614

Re: Dumped My Advisor, Now What?

Am I the only one getting the “chasing the rabbit around the field” sense of this thread? I still don’t think the OP understands the difference between the 3-fund portfolio— (total US stock, total international stock, total US bond, which allows full participation in almost 10,000 publicly traded co...
by cinghiale
Sat Mar 10, 2018 9:10 am
Forum: Personal Consumer Issues
Topic: Consumer Reports Auto Issue Out now
Replies: 48
Views: 5108

Re: Consumer Reports Auto Issue Out now

What kind of evaluations is the Toyota RAV4 getting?

(Just allowing the Jeep owners to take a quick breather...)
by cinghiale
Mon Feb 26, 2018 4:32 pm
Forum: Personal Consumer Issues
Topic: In Praise of Classic Works on Kindle
Replies: 20
Views: 1663

Re: In Praise of Classic Works on Kindle

A quick aside... Dan Ariely and Daniel Kahneman, among others, would have some fun with the thread this far. If the topic concerned a question or comment about a book or product priced at $27.95 instead of $28.95, it would likely attract little interest and would likely go unanswered. A one dollar d...
by cinghiale
Mon Feb 26, 2018 4:00 pm
Forum: Personal Consumer Issues
Topic: In Praise of Classic Works on Kindle
Replies: 20
Views: 1663

Re: In Praise of Classic Works on Kindle

Pajamas wrote, There are actually a LOT of free books for Kindle, you just have to know how to look for them. Use the left-hand menu to navigate by category. https://www.amazon.com/Best-Sellers-Kin ... =UTF8&tf=1 One caution: Books can go from being free to pay but still appear on the free list for...
by cinghiale
Mon Feb 26, 2018 3:02 pm
Forum: Personal Consumer Issues
Topic: In Praise of Classic Works on Kindle
Replies: 20
Views: 1663

Re: In Praise of Classic Works on Kindle

Good point.

But I like highlighting and making notations. Kindle allows that. And, for a mere 99 cents (well... OK... $1.06 with state taxes), the work remains “on my shelf” and always available. A mighty small price to pay.
by cinghiale
Mon Feb 26, 2018 2:57 pm
Forum: Investing - Help with Personal Investments
Topic: Thanks Bogleheads
Replies: 6
Views: 1072

Re: Thanks Bogleheads

This is excellent, John. Short, clear, concise, doable. A just-right roadmap for “Staying the Course.” If temptation whispers market-beating, brag-to-your-brother-in-law, in-on-the-next-big-thing! sweet nothings in your ear, look up Taylor Larimore’s gems— his “best of” quotes from dozens of investi...
by cinghiale
Mon Feb 26, 2018 2:47 pm
Forum: Personal Consumer Issues
Topic: In Praise of Classic Works on Kindle
Replies: 20
Views: 1663

In Praise of Classic Works on Kindle

Hello, All. There have been quite a few posts over the years about frugality, and what members are currently reading, and where to find bargains, and living the good life, and of the kinds of enlightenment and wisdom that can be found along the way. Here’s something that combines all of the above: C...
by cinghiale
Mon Feb 26, 2018 11:45 am
Forum: Local Chapters and Bogleheads Community
Topic: Nisiprius at 35,000 posts
Replies: 60
Views: 5568

Re: Nisiprius at 35,000 posts

The Wizard wants to take you out to lunch.

If you both go to the Causeway, can I come too?
by cinghiale
Sun Feb 25, 2018 1:55 pm
Forum: Investing - Theory, News & General
Topic: Goldman Sachs says...
Replies: 13
Views: 2008

Re: Goldman Sachs says...

Subtext:

“You, Mr. and Ms. Investor, need the expertise of Goldman Sachs to guide you through what could be some perilous periods in the stock market. Entrust us with your savings, because this isn’t something you can or should try to do on your own.”
by cinghiale
Sun Feb 25, 2018 1:50 pm
Forum: Investing - Theory, News & General
Topic: Warren Buffett Dislikes Bonds
Replies: 57
Views: 7089

Re: Warren Buffet Dislikes Bonds

At the risk of heaping it on... Warren Buffett is a stock guy. His comments include an important qualifier: Bonds may not be a a good choice for a long term investor. Note: “There is simply no telling how far stocks can fall in a short period,” Buffett said. “As an investor’s investment horizon leng...
by cinghiale
Sun Feb 25, 2018 10:55 am
Forum: Investing - Theory, News & General
Topic: Motley Fool and next big iPhone technology
Replies: 11
Views: 1191

Re: Motley Fool and next big iPhone technology

After a whopping four minutes of investigation... Check out this entry on Stock Gumshoe: https://www.stockgumshoe.com/reviews/motley-fool-rule-breakers/fools-what-every-apple-investor-must-see-before-2018-pitch/ The highlights: So what’s the stock? Thinkolator sez we’re again being teased with Unive...
by cinghiale
Sun Feb 25, 2018 10:40 am
Forum: Investing - Theory, News & General
Topic: Motley Fool and next big iPhone technology
Replies: 11
Views: 1191

Re: Motley Fool and next big iPhone technology

Take a look at Travis Johnson’s always entertaining Stock Gumshoe. https://www.stockgumshoe.com/ He examines the teaser ads from the newsletter and stock advisory services, and has an impressive track record of identifying the “next greatest... whatever” recommendation. He get’s quite a few Motley F...
by cinghiale
Thu Feb 22, 2018 12:51 pm
Forum: Personal Consumer Issues
Topic: Florida in the summer
Replies: 113
Views: 12040

Re: Florida in the summer

I do not remember this thread from 2015. Thanks for bringing it back to everyone’s attention. Good input on lifestyle choices, adaptation to heat and cold, and some (bonus) intriguing viewpoints on the kinds of cognitive biases that may seep into conversations such as these. I had four years in Nort...
by cinghiale
Sun Feb 18, 2018 1:06 pm
Forum: Investing - Theory, News & General
Topic: What Experts Say About "Indexing"
Replies: 19
Views: 7085

Re: What Experts Say About "Indexing"

BogleMelon asked, Is there a typo here? 2016 is only 2 years ago! Yes, of course there is. I think the Index 500 fund debuted in 1976. That would sound right for the “forty years later” language at the end of the quote. That said, thanks for reviving this thread. It never hurts to read key quotes f...