Search found 319 matches

by sreynard
Fri Oct 05, 2018 5:48 pm
Forum: Personal Finance (Not Investing)
Topic: Mr. Money Mustache is the BOMB!
Replies: 32
Views: 5299

Re: Mr. Money Mustache is the BOMB!

lostdog wrote:
Fri Oct 05, 2018 5:29 pm
So much resentment bleeding from this thread. Wow!

Golden handcuffs syndrome?
Wow indeed. You would wonder why they read it if it causes them such distress? :shock:
by sreynard
Fri Oct 05, 2018 9:20 am
Forum: Investing - Theory, News & General
Topic: Key differences between investing philosophies: Swedroe vs. Bogle
Replies: 144
Views: 8021

Re: Key differences between investing philosophies: Swedroe vs. Bogle

Jack believes in portfolio simplicity. Larry believes in portfolio complexity. I believe in Jack. Rick Ferri Bogleheads: I believe in Jack and Rick Ferri. Best wishes. Taylor I believe in evidence-based investing, not people. OK, so post a graph of Jack's and Larry's approaches over the last 30 or ...
by sreynard
Thu Oct 04, 2018 11:41 pm
Forum: Investing - Theory, News & General
Topic: Key differences between investing philosophies: Swedroe vs. Bogle
Replies: 144
Views: 8021

Re: Key differences between investing philosophies: Swedroe vs. Bogle

Jack believes in portfolio simplicity. Larry believes in portfolio complexity. I believe in Jack. Rick Ferri Bogleheads: I believe in Jack and Rick Ferri. Best wishes. Taylor I believe in evidence-based investing, not people. OK, so post a graph of Jack's and Larry's approaches over the last 30 or ...
by sreynard
Thu Oct 04, 2018 10:36 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 7839
Views: 1609161

Re: U.S. stocks in freefall

Time for bears to come out of their hiding! You rang? :P https://unagb.files.wordpress.com/2015/11/grizzly-bear2.jpg He is kinda cute, but does he have to stick around? How can you not love that face? I could do without those long claws though. Ouch! I wouldn't mind him about more if he didn't keep...
by sreynard
Thu Oct 04, 2018 1:57 pm
Forum: Investing - Theory, News & General
Topic: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!
Replies: 1247
Views: 105919

Re: Our International Allocation?

For U.S. investors, Taylor suggests that 20% of the equity allocation should be placed in a Total International Stock Index Fund. That suggested 20% is essentially a compromise between my suggested maximum of 20% and the minimum 20% recommended by a Vanguard study." That seems just an argument rely...
by sreynard
Wed Oct 03, 2018 9:52 pm
Forum: Investing - Theory, News & General
Topic: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!
Replies: 1247
Views: 105919

Re: Our International Allocation?

Bogleheads: In his "Forward" to my latest book, The Bogleheads' Guide to The Three-Fund Portfolio , Mr. Bogle wrote: "In my first book, Bogle on Mutual Funds, published in 1994, I wrote that a long-term investor need not allocate any of his or her assets to non-U.S. stocks. But if they disagreed, I...
by sreynard
Tue Sep 25, 2018 9:30 pm
Forum: Investing - Help with Personal Investments
Topic: Emotional Investor - I'm a mess and need help!
Replies: 83
Views: 6440

Re: Emotional Investor - I'm a mess and need help!

#1 Stop investing with friends and family. #2-infinity See #1 +1 You do not have a friend that works at a brokerage. You think you know someone that works at a brokerage. He is not your friend. You are his cash cow. But he'll make you feel special to be milked. Your brother may be family, but he is...
by sreynard
Thu Aug 30, 2018 11:25 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 7839
Views: 1609161

Re: U.S. stocks in freefall

Haven't you heard? We're going to go into a recession the second half of next year. You can take it to the bank.... Nice chart at MarketWatch today: https://farm2.staticflickr.com/1893/44364009251_20055175e1_o.jpg https://www.marketwatch.com/story/the-road-to-fresh-stock-market-highs-is-littered-wi...
by sreynard
Wed Aug 29, 2018 11:13 pm
Forum: Personal Consumer Issues
Topic: Body language coach?
Replies: 26
Views: 2946

Re: Body language coach?

Or, find another job or ask about getting your job responsibilities changed. Having to act extroverted is a misery for introverts. I don't think its really possible to get around that. WRONG! I used to be an introvert. Not a deliberate decision but it didn't hurt me professionally so I never had to...
by sreynard
Wed Aug 29, 2018 10:52 pm
Forum: Personal Consumer Issues
Topic: Body language coach?
Replies: 26
Views: 2946

Re: Body language coach?

As others have said Toastmasters would probably be a good choice. Lots of positive feedback in a low stress environment. A business etiquette class would cover the types of topics you are interested in. A random search on the internet gave: Topics include: Handshakes, greetings and introductions - r...
by sreynard
Wed Aug 29, 2018 10:13 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 7839
Views: 1609161

Re: U.S. stocks in freefall

This is impossible because all the experts told us at the beginning of the year that market returns would be very subdued. You've obviously made an error here. We should always believe expert predictions of markets, being predictions of human responses to events and conditions that haven't happened...
by sreynard
Wed Aug 29, 2018 10:10 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 7839
Views: 1609161

Re: U.S. stocks in freefall

Total return of Vanguard Total Stock Market Index Fund Admiral Shares (VTSAX) is up 10.19% year to date. It looks like someone has turned on the anti-gravity machine, so that things are falling up again. This is impossible because all the experts told us at the beginning of the year that market ret...
by sreynard
Thu Aug 09, 2018 9:38 am
Forum: Personal Finance (Not Investing)
Topic: Anyone regret paying off mortgage early?
Replies: 505
Views: 114072

Re: Anyone regret paying off mortgage early?

A nd this is an important issue. Liquidity is valuable. Paying down (or even paying off) the mortgage reduces your liquid funds available for living expenses, as you may lose access to your home-equity line of credit if you have lost your job. Except that when I pay off my mortgage in 4 or 5 years,...
by sreynard
Wed Aug 08, 2018 10:34 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Valuations Too High?
Replies: 229
Views: 14636

Re: Larry Swedroe: Valuations Too High?

Does CAPE10 account for changes in the way earnings are reported due to changes in US GAAP accounting rules over the last 30 years? Doing away with depreciating goodwill was a big one. I'm sure there are several others. Does it also adjust for recent tax law changes? What about changes in demograph...
by sreynard
Wed Aug 08, 2018 10:33 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Valuations Too High?
Replies: 229
Views: 14636

Re: Larry Swedroe: Valuations Too High?

I've been hearing this "future long term returns are going to be lower" for years now. The first I can recall was William Bernstein's July 1997 Efficient Frontier article, "Peter Bernstein Appraises the Expected Return of Stocks and Bonds". (I've recently been going back and reading them. A real ple...
by sreynard
Wed Aug 08, 2018 9:57 pm
Forum: Personal Finance (Not Investing)
Topic: Anyone regret paying off mortgage early?
Replies: 505
Views: 114072

Re: Anyone regret paying off mortgage early?

And this is an important issue. Liquidity is valuable. Paying down (or even paying off) the mortgage reduces your liquid funds available for living expenses, as you may lose access to your home-equity line of credit if you have lost your job. Except that when I pay off my mortgage in 4 or 5 years, ...
by sreynard
Thu Aug 02, 2018 9:44 am
Forum: Personal Finance (Not Investing)
Topic: Soc Sec benefit estimates: Anyone get a nasty surprise when filing?
Replies: 61
Views: 8098

Re: Soc Sec benefit estimates: Anyone get a nasty surprise when filing?

Columns 3 and 4 show the impact of delayed SS for each year from 62-70 if COLA is 2.5%. The larger raises shown for each delayed year is due to the effect of compounding. I understand why 2.5% applied to a bigger number results in an increase which is larger than that applied to a small number. But...
by sreynard
Wed Aug 01, 2018 12:22 pm
Forum: Personal Finance (Not Investing)
Topic: Soc Sec benefit estimates: Anyone get a nasty surprise when filing?
Replies: 61
Views: 8098

Re: Soc Sec benefit estimates: Anyone get a nasty surprise when filing?

Columns 3 and 4 show the impact of delayed SS for each year from 62-70 if COLA is 2.5%. The larger raises shown for each delayed year is due to the effect of compounding. I understand why 2.5% applied to a bigger number results in an increase which is larger than that applied to a small number. But...
by sreynard
Wed Jul 25, 2018 3:32 pm
Forum: Investing - Theory, News & General
Topic: "Are Economic Predictions Every Useful?"
Replies: 6
Views: 532

Re: "Are Economic Predictions Every Useful?"

Only if you want to tax loss harvest. :oops:
by sreynard
Wed Jul 25, 2018 9:18 am
Forum: Investing - Theory, News & General
Topic: Interesting Take on the 3 Fund Model
Replies: 66
Views: 3279

Re: Interesting Take on the 3 Fund Model

1/3 in REIT index, 1/3 in Utilities Index, 1/3 in Blue Chips. A dividend-heavy long term plan for tax free accounts. Thoughts? It's not a crazy idea. Looks like the kind of portfolio my grandfather would have had. He was born in 1900, so was heavily influenced by the Great Depression. Probably bett...
by sreynard
Mon Jul 23, 2018 5:39 pm
Forum: Personal Consumer Issues
Topic: Engineers come in.
Replies: 108
Views: 8342

Re: Engineers come in.

*Does he know what field/area he would like to go into once graduated? That really helps answer the question of how much math vs. logic gets used but at a high-level an above average ability in both is required to make an good engineer (IMHO the logic and problem solving ability is far more importa...
by sreynard
Mon Jul 23, 2018 3:07 pm
Forum: Personal Consumer Issues
Topic: Engineers come in.
Replies: 108
Views: 8342

Re: Engineers come in.

*Does he know what field/area he would like to go into once graduated? That really helps answer the question of how much math vs. logic gets used but at a high-level an above average ability in both is required to make an good engineer (IMHO the logic and problem solving ability is far more importa...
by sreynard
Mon Jul 23, 2018 2:57 pm
Forum: Personal Consumer Issues
Topic: Engineers come in.
Replies: 108
Views: 8342

Re: Engineers come in.

The limit of Engineering Student as GPA goes to 0 equals Business Student. Classic, but true... comments from others Current generation student at Penn Eng told me "we take electives at Wharton for easy A's". Friend/BE Mech Eng who went on for an MBA. He thought he did something wrong when he compl...
by sreynard
Mon Jul 23, 2018 11:43 am
Forum: Personal Consumer Issues
Topic: Engineers come in.
Replies: 108
Views: 8342

Re: Engineers come in.

splendiferous wrote:
Mon Jul 23, 2018 11:32 am
The limit of Engineering Student as GPA goes to 0 equals Business Student.
I took Calculus with a good friend that wanted to be an M.E./Aeronautical Engineer. I don't remember what class did it, but he decided he would be better Economics material.... His bonus is larger than my salary....
by sreynard
Mon Jul 23, 2018 11:33 am
Forum: Personal Consumer Issues
Topic: Engineers come in.
Replies: 108
Views: 8342

Re: Engineers come in.

I worked hard in my engineering classes and most of the other students that I knew did as well. I didn't know anyone that cruised through it. Some classes were harder than others but I had to study a lot for all of them. The rule of thumb we used was three hours of study for each hour of lecture. M...
by sreynard
Mon Jul 23, 2018 11:22 am
Forum: Personal Consumer Issues
Topic: Engineers come in.
Replies: 108
Views: 8342

Re: Engineers come in.

You see, it was in Calculus class where I learned to distinguish valid reasoning from invalid reasoning. +1 And that is a very important lesson to learn! I also appreciated learning dimensional analysis in chemistry class. The formalism has proven helpful my entire life. A skill NASA engineers have...
by sreynard
Mon Jul 23, 2018 10:47 am
Forum: Personal Consumer Issues
Topic: Engineers come in.
Replies: 108
Views: 8342

Re: Engineers come in.

BSEE. We used to have a joke in engineering school, "Don't worry if something isn't covered in the lecture or in the homework, it'll show up on the exam." I often remember thinking, "Holy cr*p! I don't remember anything like this in the homework!" From my experience, only about 1/3 of what you neede...
by sreynard
Mon Jun 18, 2018 12:45 pm
Forum: Personal Finance (Not Investing)
Topic: Paying off mortgage early
Replies: 43
Views: 3991

Re: Paying off mortgage early

I have absolutely no idea what you mean. Can you not explain what you meant that passing away with a big mortgage at a ripe old age is sub-optimal? I'm not trying to argue - just trying to understand. Looking forward with a long runway I think it is a better solution to not have a mortgage as you a...
by sreynard
Fri Jun 15, 2018 2:32 pm
Forum: Personal Finance (Not Investing)
Topic: Paying off mortgage early
Replies: 43
Views: 3991

Re: Paying off mortgage early

I have absolutely no idea what you mean. Can you not explain what you meant that passing away with a big mortgage at a ripe old age is sub-optimal? I'm not trying to argue - just trying to understand. Looking forward with a long runway I think it is a better solution to not have a mortgage as you a...
by sreynard
Fri Jun 01, 2018 2:07 pm
Forum: Investing - Theory, News & General
Topic: Investment money is "Fungible"
Replies: 82
Views: 6223

Re: Investment money is "Fungible"

Remembering that money is fungible helps you avoid mental accounting. https://www.investopedia.com/university/behavioral_finance/behavioral5.asp Mental accounting refers to the tendency people have to separate their money into different accounts based on miscellaneous subjective criteria, including...
by sreynard
Thu May 17, 2018 1:55 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Value Premium Lives!
Replies: 39
Views: 3434

Re: Larry Swedroe: Value Premium Lives!

Being totally selfish, the more people who don't believe in the value premium, the larger it is likely to be. So I'm OK with y'all concluding it is a bunch of Edward Jones. :wink: I'm not saying the value premium does not exist, I'm saying most investors don't have the patience to capture it. Paul ...
by sreynard
Wed May 16, 2018 6:09 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Value Premium Lives!
Replies: 39
Views: 3434

Re: Larry Swedroe: Value Premium Lives!

Mr. Swedroe's Conclusion: "My conclusion is that the most recent 10 years of performance is likely just another of those occasionally occurring but fairly long periods in which the value premium is negative." It is difficult (and expensive) to try to "beat the market." Best wishes. Taylor Elvis Liv...
by sreynard
Wed May 16, 2018 5:47 pm
Forum: Investing - Help with Personal Investments
Topic: Friend says "Stock market will crash, invest in silver" - thoughts?
Replies: 127
Views: 9552

Re: Friend says "Stock market will crash, invest in silver" - thoughts?

Culbretd wrote:
Wed May 16, 2018 5:01 pm
His friend is a pension fund manager, very knowledgeable about the stock market. Yes I'm being serious that is really who his friend is.
If his friend follows his own advice with the pension, the OP will probably have to visit with him in jail.... :shock:
by sreynard
Wed May 16, 2018 3:36 pm
Forum: Personal Finance (Not Investing)
Topic: Do I tell Social Security I retired?
Replies: 32
Views: 4318

Re: Do I tell Social Security I retired?

I'll be eligible for benefits in January, still haven't decided to start then or not. Delay that as long as possible. The longer the delay, the more the pay. Not if the beneficiary(s) dies at a young age. If the beneficiary dies young, they aren't going to care much about their social security chec...
by sreynard
Wed May 16, 2018 2:51 pm
Forum: Investing - Theory, News & General
Topic: Good Small to Medium Size Affordable Brokers?
Replies: 6
Views: 762

Re: Good Small to Medium Size Affordable Brokers?

No idea. Been at Schwab for 30 years and never dealt with customer service. Only time I ever talked to anyone there was when I started to open an tIRA for my wife, but didn't complete it. A service guy called me the next day and asked if I needed any help. I told him I didn't and he said, "OK," and ...
by sreynard
Wed May 16, 2018 12:29 pm
Forum: Investing - Help with Personal Investments
Topic: Friend says "Stock market will crash, invest in silver" - thoughts?
Replies: 127
Views: 9552

Re: Friend says "Stock market will crash, invest in silver" - thoughts?

Yes, you should listen to your friend and bet your farm on it. Then tell us how it goes. Sometimes people learn things the hard way. And you should hope it doesn't go well. You stand to lose much more in the long run if you are right this time and start thinking you or your friend knows what you're...
by sreynard
Wed May 16, 2018 10:45 am
Forum: Personal Finance (Not Investing)
Topic: Do I tell Social Security I retired?
Replies: 32
Views: 4318

Re: Do I tell Social Security I retired?

...If you wait till 70, much of SS is taxes away because of RMD, no? thanks. You might want to clarify your question. 85% of my SS is subject to Federal income tax, both before and after I start RMDs. But situations vary considerably... My question is if you have an abundance of 401k money (whateve...
by sreynard
Wed May 16, 2018 10:24 am
Forum: Personal Finance (Not Investing)
Topic: Do I tell Social Security I retired?
Replies: 32
Views: 4318

Re: Do I tell Social Security I retired?

Since once upon a time SS benefits were tax free at the Federal level, I think it may be short-sighted to consider 85% of benefits being taxable to be a discount, compliments of Congress... Yes, people don't know the history. The government gives you (your) money with one hand, and then takes some ...
by sreynard
Wed May 16, 2018 10:09 am
Forum: Personal Finance (Not Investing)
Topic: Do I tell Social Security I retired?
Replies: 32
Views: 4318

Re: Do I tell Social Security I retired?

I'll be eligible for benefits in January, still haven't decided to start then or not. Delay that as long as possible. The longer the delay, the more the pay. Not if the beneficiary(s) dies at a young age. If the beneficiary dies young, they aren't going to care much about their social security chec...
by sreynard
Wed May 16, 2018 8:59 am
Forum: Personal Consumer Issues
Topic: Why this problem never gets fixed [Inflated medical product prices]
Replies: 33
Views: 2598

Re: Why this problem never gets fixed

In order to fix a problem, you have to first understand the root cause of that problem. Assuming the parties involved are rational, hospitals inflate prices because they have determined that they need to. Insurance companies go along with it because they have determined that the hospitals are correc...
by sreynard
Tue May 15, 2018 11:35 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 7839
Views: 1609161

Re: U.S. stocks in freefall

Sorry man. I don't think that way. About the only thing I do consistently is NOT follow the crowd. Been doing it all my life. Retired from work at 42 in 2007. I invest my money for a living. Basically, I study conventional wisdom, then reject it. It's a great way to get rich. Enough money to retire...
by sreynard
Tue May 15, 2018 11:19 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 7839
Views: 1609161

Re: U.S. stocks in freefall

Sorry man. I don't think that way. About the only thing I do consistently is NOT follow the crowd. Been doing it all my life. Retired from work at 42 in 2007. I invest my money for a living. Basically, I study conventional wisdom, then reject it. It's a great way to get rich. While I think that a g...
by sreynard
Tue May 15, 2018 2:48 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 7839
Views: 1609161

Re: U.S. stocks in freefall

ReformedSpender wrote:
Tue May 15, 2018 1:03 pm
Seems most have gotten over their volatility jitters. S&P, DOW and NAS all down over 1%, 10 yr bond up nearly 3% today.

Yet not a peep in here. Kudos!

:beer
Nope! The end is nigh! Dumped all my stock today. Heading for the hills....
by sreynard
Thu May 03, 2018 3:21 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 7839
Views: 1609161

Re: U.S. stocks in freefall

That's what I do all the time. Besides adjusting allocation, I use ETFs and prefer not to have fractional shares. OK, that's a reason I didn't think of! My broker and Quicken keep track of those for me, so I've never concerned myself with them. The reason that I don't want fractionals is that I mov...
by sreynard
Thu May 03, 2018 2:40 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 7839
Views: 1609161

Re: U.S. stocks in freefall

Overall agree but since when were buybacks a "good" thing? This is all too common these days imo. Look at recent Apple news. One Hundred BILLION dollar buyback authorized. They couldn't think of one single thing to spend that money on to fuel further growth their business further? I look at stock b...
by sreynard
Thu May 03, 2018 12:41 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 7839
Views: 1609161

Re: U.S. stocks in freefall

And the advantage of that would be? If your knowledge and skill is so great you know what to buy and when why not just day trade? Why just restrict yourself to dividends? :shock: The only two reasons I could see to turn off auto reinvestment is, 1. I need the money (retired), or 2. I want to rebala...
by sreynard
Thu May 03, 2018 10:58 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 7839
Views: 1609161

Re: U.S. stocks in freefall

Wondering about auto " dividend reinvestment " in this volatile/rabbit market. Still new to this, but considering switching dividends to cash & rebalancing funds manually within the tax advantaged account. :?: Any thoughts or words of wisdom here ? (thanks in advance) That's what I do all the time....
by sreynard
Thu May 03, 2018 10:42 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 7839
Views: 1609161

Re: U.S. stocks in freefall

Wondering about auto " dividend reinvestment " in this volatile/rabbit market. Still new to this, but considering switching dividends to cash & rebalancing funds manually within the tax advantaged account. :?: Any thoughts or words of wisdom here ? (thanks in advance. I know that reactivity to mark...
by sreynard
Thu Apr 19, 2018 2:29 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 7839
Views: 1609161

Re: U.S. stocks in freefall

Literally, everything but the kitchen sink was thrown at the financial crisis to prevent a second Great Recession. Probably when we weren't looking, probably the kitchen sink was thrown in too. Pretty amazing things happened. I don't think that's really true. I mean yes, a remarkable amount of inte...
by sreynard
Mon Mar 26, 2018 8:20 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 7839
Views: 1609161

Re: U.S. stocks in freefall

I haven't been a member of this forum for all so long. Do people here normally get this amped up over market volatility? What about the "stay the course/steady as she goes" Boglehead ethos? Or is this just something to talk about lest the forum be dull otherwise? The later. Yup. Good investing is u...