Search found 8988 matches

by nedsaid
Sun Jan 21, 2018 4:01 pm
Forum: Personal Consumer Issues
Topic: Laughter is the Best Medicine - What makes you Laugh?
Replies: 66
Views: 2543

Re: Laughter is the Best Medicine - What makes you Laugh?

Keeping Up Appearances, PBS reruns of an old comedy series from the United Kingdom. I just loved Richard and Hyacinth Bucket.
by nedsaid
Sun Jan 21, 2018 3:58 pm
Forum: Personal Consumer Issues
Topic: Laughter is the Best Medicine - What makes you Laugh?
Replies: 66
Views: 2543

Re: Laughter is the Best Medicine - What makes you Laugh?

Victor Borge. I saw a PBS TV special on him a few years ago and laughed hard all night long. Even though I have seen all of his gags and routines, they are still funny. I forgot how good the guy really was.
by nedsaid
Sun Jan 21, 2018 3:56 pm
Forum: Investing - Help with Personal Investments
Topic: How to invest funds for retirement?
Replies: 12
Views: 1036

Re: How to invest funds for retirement?

I would think that the Federal Government has shopped around for immediate annuities and would get a better deal than what a retiree could get on his own. I thought that too. I'm a retired fed and I did look at annuitizing the TSP, but I never did any comparisons with other providers. However, I ha...
by nedsaid
Sun Jan 21, 2018 3:34 pm
Forum: Investing - Theory, News & General
Topic: Dumb to use Vanguard Target date funds in Roth IRA?
Replies: 10
Views: 916

Re: Dumb to use Vanguard Target date funds in Roth IRA?

A Vanguard Target Date Retirement fund, a LifeStrategy Fund, or a good old fashioned balanced fund would all be fine choices for a ROTH IRA.
by nedsaid
Sun Jan 21, 2018 3:31 pm
Forum: Investing - Help with Personal Investments
Topic: How to invest funds for retirement?
Replies: 12
Views: 1036

Re: How to invest funds for retirement?

My understanding is that you have the option of annuitizing part or all of your Thrift Savings Plan upon retirement. What this means is that you can buy a pension with a portion of your Thrift Savings Plan. You will get a better deal here than going out into the insurance market to buy an annuity. ...
by nedsaid
Sun Jan 21, 2018 3:17 pm
Forum: Investing - Help with Personal Investments
Topic: Edward Jones Accounts
Replies: 22
Views: 2099

Re: Edward Jones Accounts

My wife's cousin works for EJ. We enjoy their pool parties, and hearing about their company paid international family vacations. I would rather pay for my own international vacations rather than somebody else's. Reminds me of the joke about a tour of Boston harbor. The guide said, "Here are the ban...
by nedsaid
Sun Jan 21, 2018 2:48 pm
Forum: Investing - Help with Personal Investments
Topic: How to invest funds for retirement?
Replies: 12
Views: 1036

Re: How to invest funds for retirement?

For your education, I would suggest reading through the various threads that discuss "Social Security as a bond". John Bogle has made come comments about this as well. The idea is that you could consider the actuarial value of your guaranteed income like Social Security and Pensions as a shadow bond...
by nedsaid
Sun Jan 21, 2018 2:33 pm
Forum: Investing - Help with Personal Investments
Topic: A 4-5% rebalance to bonds barely budges risk/return
Replies: 38
Views: 2620

Re: A 4-5% rebalance to bonds barely budges risk/return

I have been doing much smaller rebalance moves than 4%-5%. I have been in a program of mild rebalancing from stocks to bonds since July 2013. I have 66% stocks now but had I let things ride, my guess is that my portfolio would be at about 75% stocks now. I have de-risked a bit, I was at 69% stocks w...
by nedsaid
Sun Jan 21, 2018 2:20 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Lessons From 2017
Replies: 25
Views: 4882

Re: Larry Swedroe: Lessons From 2017

Does the often stated double negative "nobody knows nothing" apply to Larry? The often stated double negative was used in this thread; consequently, I am curious if it applies to everyone. I enjoy Larry's articles and do not think that he is a know nothing. DMW Larry knows much, Paul Merriman knows...
by nedsaid
Sun Jan 21, 2018 12:25 am
Forum: Investing - Theory, News & General
Topic: What's your one big takeaway from the Crash of 2008?
Replies: 360
Views: 57859

Re: What's your one big takeaway from the Crash of 2008?

I changed my allocation to OVERWEIGHT and buy more equities. After all there was a huge SALE on WALL STREET. I mean if the department or grocery store has a sale shouldn't you take advantage of the cheap prices? Absolutely... I couldn't do it though... I never came close to selling my stocks, and a...
by nedsaid
Sat Jan 20, 2018 8:27 pm
Forum: Investing - Help with Personal Investments
Topic: Make me feel good about my bond allocation
Replies: 36
Views: 3373

Re: Make me feel good about my bond allocation

The S&P 500 isn't an appropriate benchmark for a 63/37 portfolio. Your portfolio has significantly lower risk than the S&P, so you should expect lower return. Is your expected retirement in roughly 10 years? If so, something in the ballpark of a 60/40 portfolio sounds reasonable. Age-13 seems to be...
by nedsaid
Sat Jan 20, 2018 8:23 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio Advice: New Job, New 401k, New Allocation?
Replies: 2
Views: 239

Re: Portfolio Advice: New Job, New 401k, New Allocation?

I recently started a new position and the 401k options have me reassessing my current as well as future investments. I’d like to be more or less financially independent apart from the mortgage in about 5 years. I may consider leaving the full-time workforce at that point and would like to preserve ...
by nedsaid
Sat Jan 20, 2018 8:12 pm
Forum: Investing - Theory, News & General
Topic: "The Pain of Discipline or the Pain of Regret?"
Replies: 18
Views: 2038

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

I choose the pain of discipline.
by nedsaid
Sat Jan 20, 2018 8:03 pm
Forum: Investing - Help with Personal Investments
Topic: How to invest funds for retirement?
Replies: 12
Views: 1036

Re: How to invest funds for retirement?

I am a married 60-year-old federal employee under the FERS retirement system (have 33 years in, but I hope and plan to work to around age 70). I am new to this forum and am grateful for the wisdom and help offered here. Here is our current situation: Emergency Funds : 8 months living expenses in Al...
by nedsaid
Sat Jan 20, 2018 6:25 pm
Forum: Investing - Theory, News & General
Topic: Fear of dying with too much money?
Replies: 137
Views: 7458

Re: Fear of dying with too much money?

Right now, fear of dying with too much money is not a problem for me. I am concerned about having enough. If it turned out that my nest egg was getting too large, I would donate more to charitable causes. Leaving too much to family members can cause more problems than it solves. How would you know ...
by nedsaid
Sat Jan 20, 2018 6:20 pm
Forum: Investing - Help with Personal Investments
Topic: Investing in Individual Corporate Bonds
Replies: 3
Views: 296

Re: Investing in Individual Corporate Bonds

Hi, My wife and I are maxing out on our 401k's which are mostly invested in targeted date funds. We also have about a brockerage account with stocks in it. However, we've accumulated a significant amount of cash that seats in the MM accounts. We're both in mid 40s. Im thinking individual BBB corpor...
by nedsaid
Sat Jan 20, 2018 6:09 pm
Forum: Investing - Theory, News & General
Topic: Fear of dying with too much money?
Replies: 137
Views: 7458

Re: Fear of dying with too much money?

Right now, fear of dying with too much money is not a problem for me. I am concerned about having enough. If it turned out that my nest egg was getting too large, I would donate more to charitable causes. Leaving too much to family members can cause more problems than it solves.
by nedsaid
Sat Jan 20, 2018 6:02 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Lessons From 2017
Replies: 25
Views: 4882

Re: Larry Swedroe: Lessons From 2017

Larry has been a great contributor to the forum and I have enjoyed reading his articles and books. I will say that Larry does what the most of us do around here is allow flexibility in his thinking. Please don't think that these "10 lessons" are like the 10 commandments engraved in stone and brought...
by nedsaid
Sat Jan 20, 2018 5:35 pm
Forum: Personal Finance (Not Investing)
Topic: Met with a CFP, not too impressed.
Replies: 51
Views: 8562

Re: Met with a CFP, not too impressed.

You also have to consider that for a business to work, there has to be a certain economy of scale. A planner will use certain tools. Most that I have seen use Morningstar Principia Pro software to evaluate portfolios but there are other tools out there as well. An advisor also will work with a certa...
by nedsaid
Sat Jan 20, 2018 5:27 pm
Forum: Personal Finance (Not Investing)
Topic: Met with a CFP, not too impressed.
Replies: 51
Views: 8562

Re: Met with a CFP, not too impressed.

We went to a Garrett Financial Network planner. I think we paid $2,300 but I could be wrong. We went back for a second meeting to go over the plan. The next weekend I sat down with the plan and a calculator. Our Social Security payments were off by $10k, our pension amounts were wrong, she had mixe...
by nedsaid
Sat Jan 20, 2018 5:17 pm
Forum: Investing - Theory, News & General
Topic: CAPE Fear: Why CAPE Naysayers Are Wrong
Replies: 119
Views: 9649

Re: CAPE Fear: Why CAPE Naysayers Are Wrong

Look, it absolutely makes sense that high valuations mean it's more likely to see lower 10-year returns going forward. But it's not actionable at all. Generally in discussions on PE-10 I've been on Homer's "side" of the debate. I fully agree that using a single valuation metric to make an all-in or...
by nedsaid
Fri Jan 19, 2018 8:49 pm
Forum: Investing - Theory, News & General
Topic: GE and the myth of "safe blue-chip stocks"
Replies: 121
Views: 14311

Re: GE and the myth of "safe blue-chip stocks"

Ah yes, GE never fails to disappoint. The stock fell again today.
by nedsaid
Thu Jan 18, 2018 9:31 pm
Forum: Investing - Theory, News & General
Topic: Hitting The Sell Button
Replies: 222
Views: 24759

Re: Hitting The Sell Button

Despite crying in my root beer all weekend over a portfolio return of "only" 15.01%, I can't help but notice the tremendous power of this bull market. Since July 2013, I have been mildly rebalancing from stocks to bonds. It seems like all I have been doing has been hitting the "sell" button, sellin...
by nedsaid
Thu Jan 18, 2018 9:15 pm
Forum: Investing - Theory, News & General
Topic: Energy sector time to turn around?
Replies: 45
Views: 3918

Re: Energy sector time to turn around?

I don't know, I had a guy come to my door wanting me to sign up for greener electricity from my local electric utility. It would cost a bit more than what I was already paying. Much of the alternative energy we have here is wind power. He should have been offering me a discount. Green energy at the...
by nedsaid
Tue Jan 16, 2018 8:34 pm
Forum: Investing - Theory, News & General
Topic: Do people in the forum hold foreign bonds?
Replies: 42
Views: 2593

Re: Do people in the forum hold foreign bonds?

Do people in the forum hold foreign bonds? In a technical paper, Vanguard recommends to hold some for diversification. If yes, in which fund(s) and what percent of total bonds? I welcome your input. Yes, I hold foreign bonds in two funds. Neither are currency hedged. The two funds make up about 7% ...
by nedsaid
Mon Jan 15, 2018 3:57 pm
Forum: Investing - Theory, News & General
Topic: Can the Schiller P/E ratio be used for tactical allocation?
Replies: 13
Views: 724

Re: Can the Schiller P/E ratio be used for tactical allocation?

Can the Schiller P/E ratio be used for long-term tactical asset reallocation for the equity portion of one's portfolio? For instance, are any of you increasing your emerging market exposure while the Schiller P/E is low, with expectations that in a decade or two, you might reduce your emerging mark...
by nedsaid
Sun Jan 14, 2018 1:05 pm
Forum: Investing - Theory, News & General
Topic: Heading for a top?
Replies: 103
Views: 7787

Re: Heading for a top?

Well it’s definitely not 2000. That was a once in a lifetime bubble; really the 07-09 crisis was the second half of the 2000-02 tech crash, as the fed lowered interest rates to prop up stock markets and liquidity flowed into real estate and debt. Stocks are less expensive than they were in 2000 and...
by nedsaid
Sun Jan 14, 2018 11:59 am
Forum: Personal Consumer Issues
Topic: Looking for a reasonably priced, safe international destination
Replies: 107
Views: 6376

Re: Looking for a reasonably priced, safe international destination

I live in the DC area (DCA, IAD, BWI). Have two young kids, 6 and 3. Have up to a week off. I only speak English. The trip will be first week of May. Wants: Safe for the family Not too expensive Outside the US I was thinking Iceland. Any other destinations that fit this bill? Thanks! What about Pol...
by nedsaid
Sun Jan 14, 2018 11:52 am
Forum: Personal Finance (Not Investing)
Topic: Individual stocks in an IRA?
Replies: 9
Views: 488

Re: Individual stocks in an IRA?

My recommendation for you would be to sell the stocks and go to your asset allocation plan using the low cost index funds. Vanguard has low cost active funds, many of which have done well too. As others have said, these are within an IRA so you don't have to worry about tax consequences. I have indi...
by nedsaid
Sun Jan 14, 2018 11:40 am
Forum: Investing - Theory, News & General
Topic: Heading for a top?
Replies: 103
Views: 7787

Re: Heading for a top?

In this interview Jack Bogle talked about what he did in the spring of 2000. "... stock market at that point being closer to 40x earnings than to 30..." Completely different situation, but very interesting to hear him tell what he personally did at that time. https://youtu.be/k6ra5POdsYg Thank you ...
by nedsaid
Sun Jan 14, 2018 11:27 am
Forum: Investing - Theory, News & General
Topic: Heading for a top?
Replies: 103
Views: 7787

Re: Heading for a top?

I know the stay the course mantra, but what interests me about this run is what does the speculation center around? Previous downturns highlighted speculation on the tech sector and other conditions. I'm not seeing wild speculation this time. A run up to tax reform, a pro-business political environ...
by nedsaid
Sun Jan 14, 2018 1:11 am
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: The Value Effect And Macroeconomic Risk
Replies: 1
Views: 472

Re: Larry Swedroe: The Value Effect And Macroeconomic Risk

https://alphaarchitect.com/2018/01/09/the-value-effect-and-macroeconomic-risk/ Good article where Larry reviews literature showing that the value premium is related to several macroeconomic variables: industrial production, credit spreads, term spreads, unexpected inflation. Value stocks are substa...
by nedsaid
Sun Jan 14, 2018 12:43 am
Forum: Investing - Theory, News & General
Topic: Skating where the puck was; e.g., commodities. Factors next?
Replies: 35
Views: 2448

Re: Skating where the puck was; e.g., commodities. Factors next?

When I read about factors, and really investing ideas in general, I get an "Alice in Wonderland" feeling. Factors are real, but they can "disappear" especially when a lot of people are looking at them. Then they can "reappear" when everyone has gone on to other things and forgotten about them. Sinc...
by nedsaid
Sat Jan 13, 2018 6:56 pm
Forum: Investing - Theory, News & General
Topic: Energy sector time to turn around?
Replies: 45
Views: 3918

Re: Energy sector time to turn around?

My personal view, is that if the transition from fossil fuels happens, that it will be slow. I know coal is hated as an energy source but we have it in abundance here in the United States and it is a reliable energy source. Oil was a big improvement but oil never replaced coal. I did read a few art...
by nedsaid
Sat Jan 13, 2018 11:52 am
Forum: Investing - Theory, News & General
Topic: Heading for a top?
Replies: 103
Views: 7787

Re: Heading for a top?

I know market timing is against Boglehead principles. However Warren Buffet and Jack Bogle agree on many points including the value of index funds. Warren Buffet has always said "Be fearful when others are greedy". I see a number of developments that I believe are cause for concern and I would like...
by nedsaid
Fri Jan 12, 2018 9:33 pm
Forum: Investing - Theory, News & General
Topic: Pairing REITs With Long-Term Treasuries
Replies: 11
Views: 393

Re: Pairing REITs With Long-Term Treasuries

... My guess is that REITs are there to hedge inflation and Long-Term Treasuries to hedge deflation. REITs would probably react to higher rates of inflation better than stocks would, but it is hard to say. I am just not as enthusiastic about REITs as I used to be. The yield chasers have made REITs ...
by nedsaid
Fri Jan 12, 2018 9:25 pm
Forum: Investing - Theory, News & General
Topic: Hitting The Sell Button
Replies: 222
Views: 24759

Re: Hitting The Sell Button

By the way, I did another round of mild rebalancing from stocks to bonds today. Mainly I am trying to keep my risks in check.
by nedsaid
Fri Jan 12, 2018 9:22 pm
Forum: Investing - Theory, News & General
Topic: Pairing REITs With Long-Term Treasuries
Replies: 11
Views: 393

Re: Pairing REITs With Long-Term Treasuries

Any investment-grade bonds will diminish the risk and expected return of a REIT portfolio. What are you trying to achieve? PJW My guess is that REITs are there to hedge inflation and Long-Term Treasuries to hedge deflation. REITs would probably react to higher rates of inflation better than stocks ...
by nedsaid
Fri Jan 12, 2018 9:17 pm
Forum: Investing - Theory, News & General
Topic: Shares Are Wildly Overpriced. But Bonds May Be Even Worse
Replies: 35
Views: 5673

Re: Shares Are Wildly Overpriced. But Bonds May Be Even Worse

The thing is, even though bonds might be overpriced they are still far less volatile than stocks. For me the concern isn't that bonds will drop 50% but that they won't keep up with inflation.
by nedsaid
Fri Jan 12, 2018 9:15 pm
Forum: Investing - Theory, News & General
Topic: If I have a million with Edward Jones, in 10 years, how much money has my FA made off me?
Replies: 48
Views: 6324

Re: If I have a million with Edward Jones, in 10 years, how much money has my FA made off me?

The costs could be yet higher if the adviser actively switches funds, each time reducing principal by the front load. So a case worse than just the AUM fee plus high ER funds is an adviser that on top of that switches you through funds. E.g. 3 switches with a front load of 5% in that time frame wou...
by nedsaid
Fri Jan 12, 2018 8:59 pm
Forum: Investing - Theory, News & General
Topic: Skating where the puck was; e.g., commodities. Factors next?
Replies: 35
Views: 2448

Re: Skating where the puck was; e.g., commodities. Factors next?

It is the old "late to the party" problem. Really popular strategies will tend to stop working at least temporarily. No investment strategy works all the time. Pretty much, pick a solid investment approach and stick with it or you will keep switching at precisely the wrong time dooming yourself to u...
by nedsaid
Fri Jan 12, 2018 8:48 pm
Forum: Investing - Theory, News & General
Topic: Profiles Of Some Successful Investors
Replies: 26
Views: 3576

Re: Profiles Of Some Successful Investors

stemikger wrote:
Thu Jan 11, 2018 11:46 pm
The one thing I notice with all these frugal multi millionaires is they don't own bonds.
Probably a 100% stock portfolio would be a rational portfolio but the volatility would be too much, even for me.
by nedsaid
Fri Jan 12, 2018 8:45 pm
Forum: Investing - Theory, News & General
Topic: Hitting The Sell Button
Replies: 222
Views: 24759

Re: Hitting The Sell Button

The thing is, I don't honestly know my risk tolerance right now. Age 58, spotty employment, getting closer to winning the game. New factors in my risk profile that I haven't experienced before. Thus you can hear the voice of caution in my more recent posts. I have never been a near retiree before. ...
by nedsaid
Thu Jan 11, 2018 9:04 pm
Forum: Investing - Help with Personal Investments
Topic: Looking for financial advisor
Replies: 4
Views: 454

Re: Looking for financial advisor

I am a recent retiree who is committed to learning how to manage his own financial portfolio. I have just finished William Bernstein's books, along with many of the books he recommends, and feel I understand the fundamentals. I am going to construct my own allocation plan and run predicted long-ter...
by nedsaid
Thu Jan 11, 2018 8:58 pm
Forum: Personal Finance (Not Investing)
Topic: Is it time for me to "call in rich"?
Replies: 75
Views: 12154

Re: Is it time for me to "call in rich"?

If you are going to retire be sure and de-risk your portfolio first. Get a retiree's asset allocation first before quitting the job. Wouldn't it be awful if the market dived right after you retired? Then trying to live off a depleted portfolio. What I am trying to say is work the numbers first and t...
by nedsaid
Thu Jan 11, 2018 8:52 pm
Forum: Investing - Theory, News & General
Topic: Profiles Of Some Successful Investors
Replies: 26
Views: 3576

Re: Profiles Of Some Successful Investors

Snarlyjack, you are a throwback. That is you are interested in investment strategies that were popular with successful investors a generation ago. Buy and hold Blue Chip stocks and reinvest the dividends. That was in the day of 8 1/2 percent sales loads on stock mutual funds. You paid 3% commission ...
by nedsaid
Thu Jan 11, 2018 8:37 pm
Forum: Investing - Theory, News & General
Topic: Hitting The Sell Button
Replies: 222
Views: 24759

Re: Hitting The Sell Button

When you are 35 you have relatively long time horizons coupled with relatively small portfolios compared to older investors like me at age 58. In theory, your pain from loss ought to be a lot less than mine since the dollar amounts of loss for you will be a lot smaller than for me. In fact, it does...
by nedsaid
Wed Jan 10, 2018 11:19 pm
Forum: Investing - Theory, News & General
Topic: Hitting The Sell Button
Replies: 222
Views: 24759

Re: Hitting The Sell Button

If you are interested, you can read my IPS in my "How Do You Like My New 'Doo" thread. Pretty much, I took the Morningstar worksheet and answered the questions. It is a statement of investment philosophy. I talk about a relaxed rebalancing philosophy, rebalancing bands of up to 10%, and looking for...
by nedsaid
Wed Jan 10, 2018 11:17 pm
Forum: Investing - Theory, News & General
Topic: Hitting The Sell Button
Replies: 222
Views: 24759

Re: Hitting The Sell Button

A nice problem to have but if I was 35 years old, I would simply be enjoying the ride. At 58, it seems to be like that laurel hedge growing out of control, a big chore to maintain. This is because I am concerned about controlling my risk as I get older. Ah to be young again! How are other older inv...
by nedsaid
Tue Jan 09, 2018 11:19 pm
Forum: Local Chapters and Bogleheads Community
Topic: Livesoft at 58,000 posts!
Replies: 36
Views: 2934

Re: Livesoft at 58,000 posts!

I have very much enjoyed reading Livesoft's posts. I remember the short hiatus he took and a thread started up wondering where he was. It was a lot of fun and Livesoft started posting again. My guess is that he took a potty break. Thanks again for helping to make this such a great forum.