Search found 99 matches

by ML 59
Thu Jan 17, 2019 10:04 am
Forum: Investing - Theory, News & General
Topic: John Bogle has died at age 89
Replies: 856
Views: 58685

Re: John Bogle has died at age 89

Dear Mr Bogle,

Thank you for caring.
Thank you for sharing.
by ML 59
Tue Feb 20, 2018 9:37 am
Forum: Investing - Theory, News & General
Topic: Staying Motivated: How do you ward off hopelessness?
Replies: 59
Views: 8587

Re: Staying Motivated: How do you ward off hopelessness?

Read and study. Learn something new about retirement investing every day. Keep your mind occupied on thinking forward, not to the immediate, and certainly not to the past. Take notes as you study and let these notes become the backbone of an investment policy statement for you to follow through good...
by ML 59
Fri Aug 28, 2015 8:47 am
Forum: Investing - Theory, News & General
Topic: The Bogleheads' Silent Majority
Replies: 255
Views: 46646

Re: The Bogleheads' Silent Majority

...For lack of a better place to post this comment, I'll post it here in cfs' interesting little thread... One of the benefits of finding this site and reading a number of the recommended books in the wiki, has been to see and hear the financial news in a whole new light. Media proclaimed experts th...
by ML 59
Mon Aug 24, 2015 1:01 pm
Forum: Investing - Theory, News & General
Topic: The Bogleheads' Silent Majority
Replies: 255
Views: 46646

Re: The Bogleheads' Silent Majority

Boringly (and Silently) Staying The Course...

This thread caused me to re-read my IPS.

All's good!
by ML 59
Mon Nov 03, 2014 9:45 am
Forum: Investing - Theory, News & General
Topic: Portfolio simulation tools
Replies: 13
Views: 7317

Re: Portfolio simulation tools

Wow pvguy,
I offer a big thank you for making your tools public and easy to use. :sharebeer
by ML 59
Fri Oct 31, 2014 8:53 am
Forum: Personal Investments
Topic: Should I buy more REITs?
Replies: 45
Views: 6331

Re: Should I buy more REITs?

Newb, I have an idea for you to consider. Construct a serious thread chronicling the writing of an IPS, namely your IPS, with input from the forum. Break it down into discrete elements and even discrete threads to keep it from getting too unwieldy. I found the process of writing this document to be ...
by ML 59
Fri Oct 24, 2014 1:18 pm
Forum: Personal Investments
Topic: Time For Me to Kick Wellington Through The Goalpost of Life?
Replies: 43
Views: 7433

Re: Time For Me to Kick Wellington Through The Goalpost of L

Chinook, our internet friend, you need to consider writing your Investment Policy Statement (IPS) before these urges get the better of you. I used to bounce around here and there until I found this site and wrote out my plan. BTW - it's not as easy as it sounds, but it feels good when you are done. ...
by ML 59
Thu Oct 16, 2014 1:45 pm
Forum: Investing - Theory, News & General
Topic: Poll: which portion of the chart shows higher volatility?
Replies: 26
Views: 2426

Re: Poll: which portion of the chart shows higher volatility

Can I get the PPG number on the green? It would make a good color for a street rod.
by ML 59
Mon Oct 13, 2014 4:56 pm
Forum: Personal Finance (Not Investing)
Topic: How to buy a used car
Replies: 16
Views: 3865

Re: How to buy a used car

Certified Pre-Owned from a dealership is also a consideration.

I've had good experiences with Lexus through their program, with complete satisfaction on a few items that needed attention under the warrantee.
by ML 59
Wed Sep 24, 2014 12:52 pm
Forum: Personal Consumer Issues
Topic: Cast Iron Skillet Cooking
Replies: 127
Views: 34357

Re: Cast Iron Skillet Cooking

Lodge is in the middle of a 3 phase foundry expansion to meet cookware demand.

Go Lodge! :happy
by ML 59
Thu Sep 18, 2014 8:11 am
Forum: Personal Consumer Issues
Topic: Hamilton watches, worth the money?
Replies: 262
Views: 63332

Re: Hamilton watches, worth the money?

Beautiful!

Excellent choice on the smaller dial.
by ML 59
Tue Sep 16, 2014 9:47 am
Forum: Personal Consumer Issues
Topic: Hamilton watches, worth the money?
Replies: 262
Views: 63332

Re: Hamilton watches, worth the money?

Certainly an interesting thread…commentary ranging from very informed replies on watches, underwear, consumerism, and fashion. I’m replying to the latter; fashion; a question you did not ask. Arthur, regardless of price/value a chrono is just not a dress watch in my opinion. Wearing a timepiece with...
by ML 59
Thu Sep 11, 2014 8:54 am
Forum: Investing - Theory, News & General
Topic: Future direction of U.S. stock market
Replies: 23
Views: 3130

Re: Future direction of U.S. stock market

cheese_breath wrote:As far as I can tell the years always go from left to right.
And my age goes up each year - I think you're on to something here.
by ML 59
Thu Sep 04, 2014 12:59 pm
Forum: Personal Consumer Issues
Topic: Travel Insurance for a "trip of a lifetime"
Replies: 36
Views: 4927

Re: Travel Insurance for a "trip of a lifetime"

I don't buy insurance for the situations in which I can self-insure. Why should a "trip of a lifetime" be an exception? Victoria Medical attention and evacuation may be reasons enough by themselves. In my case the trip had to be planned and scheduled well in advance due to limited accommodations an...
by ML 59
Thu Sep 04, 2014 8:07 am
Forum: Personal Finance (Not Investing)
Topic: New 2% cash back Mastercard from Citi
Replies: 240
Views: 591313

Re: New 2% cash back Mastercard from Citi

So is this a Visa or Master...or did I miss this in a previous reply?
by ML 59
Fri Aug 29, 2014 10:23 am
Forum: Personal Consumer Issues
Topic: When to leave a neighborhood for greener pastures?
Replies: 46
Views: 6831

Re: When to leave a neighborhood for greener pastures?

I'll have to agree with the posters that disagreed with me. Never is a very definitive word and should probably never be used. {BIG Smile} A better choice would be rarely (or seldom), ie: “Once a neighborhood starts its decline, it rarely gets better - only worse.” OP - What's the verdict? Are we th...
by ML 59
Tue Aug 26, 2014 8:02 am
Forum: Personal Consumer Issues
Topic: When to leave a neighborhood for greener pastures?
Replies: 46
Views: 6831

Re: When to leave a neighborhood for greener pastures?

...Similar situation 15years ago. Once a neighborhood starts its decline, it just never gets better - only worse. I bought a nicer house in an area that is appreciating rather than declining. The old neighborhood is looking fairly rough these days, as many of the houses are now rentals. You're young...
by ML 59
Tue Aug 19, 2014 1:05 pm
Forum: Investing - Theory, News & General
Topic: Bad(?) advice given about Target Date Retirement funds
Replies: 103
Views: 9430

Re: Bad(?) advice given about Target Date Retirement funds

I feel that even in their present form, TD funds are still far better as a set and forget vehicle for many (most?) 401k participants. I see co-workers who have absolutely no idea which funds to choose, no basis by which to choose, and absolutely no desire to study and learn. Allocation, rebalancing,...
by ML 59
Wed Aug 13, 2014 12:51 pm
Forum: Personal Finance (Not Investing)
Topic: Where do you store your important documents?
Replies: 38
Views: 4980

Re: Where do you store your important documents?

In a small town, there is a limited number of safe deposit boxes. I use a fire resistant document safe inside a fire resistant gun safe bolted to a concrete floor inside a steel building away from the house. I don't recall the time/temp ratings for each - hopefully long enough for the FD to do their...
by ML 59
Tue Aug 12, 2014 12:51 pm
Forum: Investing - Theory, News & General
Topic: An Honest Stock Market Update - A good laugh
Replies: 17
Views: 4136

Re: An Honest Stock Market Update - A good laugh

American corporations earned $4.62 billion of net income on Monday. Financial advisors, analysts, and brokers, collected $630 million in fees. No media outlet reported these figures, despite being the two most important numbers necessary to understanding investing.
Funny stuff there.
by ML 59
Tue Aug 12, 2014 12:44 pm
Forum: Investing - Theory, News & General
Topic: How to ensure military members don't get ripped off
Replies: 71
Views: 6936

Re: How to ensure military members don't get ripped off

jlawrence01 wrote:...Personally, I think that there should be more financial education made available on base.
Or even in public schools before they get to the base. Or at home before they get to school. In short, it's a lack of education that makes anyone vulnerable to unscrupulous marketing.
by ML 59
Thu Aug 07, 2014 8:58 am
Forum: Personal Consumer Issues
Topic: What Used Car Should I Get for <10K
Replies: 30
Views: 4869

Re: What Used Car Should I Get for <10K

20k can put you in a low mileage '13 Camry, a '14 Corolla or a host of nice cars. I think you're making the right choice by increasing your budget. It's also Bogleheadish if you keep it long enough! I've rented several Hyundai models in the past two years; new and near new. They seemed very nice at ...
by ML 59
Wed Aug 06, 2014 12:57 pm
Forum: Personal Consumer Issues
Topic: What Used Car Should I Get for <10K
Replies: 30
Views: 4869

Re: What Used Car Should I Get for <10K

Pick up a Consumer's Reports car buying guide at the mag stand. Reliability is compiled from an annual survey (I participate each year). A quick summary: late model Accord or Camry as mentioned above. They are the leaders in the mid-sized sedans for good reason, but the CR guide provides year specif...
by ML 59
Fri Aug 01, 2014 9:07 am
Forum: Personal Investments
Topic: How Much Did You Lose Today?
Replies: 166
Views: 20976

Re: How Much Did You Lose Today?

I haven’t checked my investment balances, but this thread prompted me to look at the graph of the S&P500. I see that the S&P500 is back to its June 4 2014 closing. Anything I purchased prior to June 4 is still up and the only portion of my portfolio that has lost value are the shares purchased by se...
by ML 59
Wed Jul 30, 2014 9:57 am
Forum: Personal Investments
Topic: Was ready to pull plug on Janus..until
Replies: 66
Views: 8704

Re: Was ready to pull plug on Janus..until

Player11, Welcome to the forum! Your question sparked an excellent discussion on the importance of: 1)risk vs return, 2)proper comparisons of funds, 3)costs matter, and 4)benchmarking. Chapters and entire books are written about these subjects – jimmyrules and others have provided an excellent summa...
by ML 59
Fri Jul 11, 2014 8:38 am
Forum: Personal Investments
Topic: Boglehead Rules Of Thumb To Investing?
Replies: 23
Views: 4085

Re: Boglehead Rules Of Thumb To Investing?

Perhaps I wasn't clear in an effort to be concise: Bonds pay interest, equities pay dividends (and perhaps gains); commodities, collectibles, and precious metals pay neither. I stick to instruments that offer a defined rather than a speculative return. ...hope that helps... Oh - and when I write Bon...
by ML 59
Fri Jul 11, 2014 8:26 am
Forum: Investing - Theory, News & General
Topic: Teaching Kids the Rules of Investing.
Replies: 17
Views: 2516

Re: Teaching Kids the Rules of Investing.

I've found that handing someone a list has much less impact than helping them to create their own list. Their list could be based on a shared or group study of investing. There are a number of short, quick to read books available. It may be more interesting to see how they individually interpret wha...
by ML 59
Fri Jul 11, 2014 8:11 am
Forum: Personal Investments
Topic: Boglehead Rules Of Thumb To Investing?
Replies: 23
Views: 4085

Re: Boglehead Rules Of Thumb To Investing?

Invest in instruments that pay interest or a dividend.

Investment in instruments that have an defined reason to be in your portfolio.

Collect and document your thoughts and investment plan in a written IPS.
by ML 59
Tue Jul 08, 2014 12:50 pm
Forum: Investing - Theory, News & General
Topic: The Risk of Short-term Bond Funds
Replies: 154
Views: 19980

Re: The Risk of Short-term Bond Funds

billyt wrote:Thanks. I have basically been saying this over and over again to little avail. After a while, I get to exhausted to respond anymore.
But please do continue to respond...you and several others, including Rick, have been a great help in my basic understanding of all of the talk of bonk risks.
by ML 59
Mon Jun 23, 2014 12:59 pm
Forum: Investing - Theory, News & General
Topic: [Poll] Have you taken any Investments course?
Replies: 60
Views: 4820

Re: [Poll] Have you taken any Investments course?

I went to an evening course put on by Edward Jones (then with a D). I sneaked out at the break, but got a call the next day. I couldn't say exactly why I didn’t like their plan – I just knew that the presenters and presentations were just a little too slick. I’m not big on slick. I started reading, ...
by ML 59
Fri Apr 04, 2014 7:57 am
Forum: Personal Finance (Not Investing)
Topic: And suddenly, I'm done...
Replies: 24
Views: 5756

Re: And suddenly, I'm done...

Give yourself a reward. Accomplishments should always be rewarded even if they are merely a personal accomplishment and the reward is to and from yourself. I did pretty much the same thing over the past two years - it feels good. I have a plan and my investments have a reason and are no longer rando...
by ML 59
Thu Feb 13, 2014 9:25 am
Forum: Personal Investments
Topic: Are REITs still overvalued, as they were in 2013?
Replies: 44
Views: 4297

Re: Are REITs still overvalued, as they were in 2013?

2013 is only one year. We are less than 2 months into ’14. ‘Newb, I’m not sure if you are serious with these threads or not. If you are serious, then I suggest looking beyond the short term; read, study, and learn. Only then, decide a long-term asset mix that is right for InvestorNewb. Polls won’t g...
by ML 59
Fri Feb 07, 2014 11:08 am
Forum: Personal Investments
Topic: Going all into Emerging Markets
Replies: 69
Views: 9002

Re: Going all into Emerging Markets

Encourage your friend to diversify.

http://www.bogleheads.org/wiki/Asset_allocation
by ML 59
Thu Jan 30, 2014 9:20 am
Forum: Investing - Theory, News & General
Topic: Bonds - Throw it all on the table!!!
Replies: 373
Views: 66318

Re: Bonds - Throw it all on the table!!!

38% - TBM (VBTLX) 35% - IT Treasury (VFITX) 19% - IT Investment Grade (VFICX) 9% - IT Bond Index (VBILX) All in Tax Deferred (401s and IRAs). Roughly: age – 20; all in bond funds at this time. Considering CD laddering, and still trying to understand if TIPS would be beneficial. abuss368, Your thread...
by ML 59
Thu Jan 23, 2014 8:50 am
Forum: US Chapters
Topic: Taylor's 90th Birthday
Replies: 272
Views: 35864

Re: TAYLOR'S UPCOMING 90th BIRTHDAY

Happy Birthday Taylor!

The briefest of your posts...speak volumes to me.

:sharebeer Cheers!
by ML 59
Fri Jan 17, 2014 8:33 am
Forum: Forum Issues and Administration
Topic: Welcome to our new forum moderator - bayview
Replies: 27
Views: 3034

Re: Welcome to our new forum moderator - bayview

Welcome bayview!

Courtesy, respect, and a dash of moderation makes this a great site to learn and discuss one of life's most important subjects.
by ML 59
Wed Jan 15, 2014 8:19 am
Forum: Investing - Theory, News & General
Topic: Best Boglehead lesson
Replies: 74
Views: 7760

Re: Best Boglehead lesson

Creating a written plan has been my "Best Boglehead Lesson". Writing and IPS, forced me to take an objective look at my investments, and to some degree, myself. My studies, analysis, and planning became my personal third party review. I, am now the best financial planner for my number one client; me...
by ML 59
Wed Jan 08, 2014 9:52 am
Forum: Personal Investments
Topic: Asset Allocation for Middle Age
Replies: 32
Views: 6703

Re: Asset Allocation for Middle Age

At 54, I still have 10+ years in accumulation with a stair stepped glidepath, incrementing in 5 year, 5% steps until 60/40 at 65yo. At retirement, I’ll asses this ratio and adjust if I feel it necessary. I don’t know if this approach is best or not – it’s just that I felt the need to give myself som...
by ML 59
Tue Dec 31, 2013 2:32 pm
Forum: Personal Investments
Topic: What Was Your Best Portfolio move in 2013
Replies: 125
Views: 11497

Re: What Was Your Best Portfolio move in 2013

I had a busy year: Continued studying personal finances and DIY investing. Settled on a long term asset allocation and glidepath. Currently: 44% Domestic Equity 24% Foreign Equity 32% Fixed Income Wrote an IPS that I feel confident in, and confident, that I can follow. Finished adjusting my holdings...
by ML 59
Mon Dec 16, 2013 2:15 pm
Forum: Investing - Theory, News & General
Topic: Declutter your future
Replies: 44
Views: 6665

Re: Declutter your future

Preparing for numerous financial possibilities is what this site is all about. Aging, and its inevitable unknowns are definitely worth spending some prep time. Now...I wonder if earnestly studying dementia will delay its onset... Brief articles such as this, are intended to stimulate thought and dis...
by ML 59
Tue Dec 10, 2013 4:45 pm
Forum: Investing - Theory, News & General
Topic: Looking for a Book for Working Out my Asset Allocation
Replies: 12
Views: 1521

Re: Looking for a Book for Working Out my Asset Allocation

Ferri, Berstein, and Swedroe offer similar - but not the same - excellent insights on allocation in general as well as sub-allocations within classes. I took a lot of notes while studying; those notes became the backbone of my IPS. Let us know what you decide, how you arrived at your decisions, and ...
by ML 59
Fri Dec 06, 2013 1:05 pm
Forum: Investing - Theory, News & General
Topic: I'd like to challenge the logic behind a 'disaster fund'
Replies: 134
Views: 10069

Re: I'd like to challenge the logic behind a 'disaster fund'

The wife and I felt really bad for friends and family who got hit hard in '08. It struck home when she got laid off in 2010. We had an emergency fund of sorts - about 3 to 4 months of expenses but it also got used for other stuff at times. We suddenly felt inadequately prepared for unforeseeable eve...
by ML 59
Thu Dec 05, 2013 9:51 am
Forum: Investing - Theory, News & General
Topic: Marijuana index funds
Replies: 29
Views: 6568

Re: Marijuana index funds

A Home Delivery Pizza Index will follow shortly.

Ticker: VHDPI ( .1416ER )
by ML 59
Wed Nov 27, 2013 3:31 pm
Forum: Investing - Theory, News & General
Topic: TIPS & Inflation Bonds - Theory
Replies: 35
Views: 3204

Re: TIPS & Inflation Bonds - Theory

I was afraid to ask this very question - so I'm glad you did.
by ML 59
Fri Nov 22, 2013 4:55 pm
Forum: Investing - Theory, News & General
Topic: A recommended portfolio
Replies: 20
Views: 2402

Re: A recommended portfolio

The ERs and management fees are probably the most appalling part.
by ML 59
Fri Nov 22, 2013 4:51 pm
Forum: Investing - Theory, News & General
Topic: NY Times article on investment policy statements
Replies: 21
Views: 2477

Re: NY Times article on investment policy statements

That is a strangely confused article. It can be taken as anti-IPS in the first part and yet turns pro-IPS (kind of) at some point, and then finishes rather vaugely. "To some, the same argument can be made for an I.P.S. It’s just too much. But the people I spoke with who had one talked about a differ...
by ML 59
Fri Nov 22, 2013 11:07 am
Forum: Personal Investments
Topic: I Know Nothing! Absolutely Nothing!
Replies: 29
Views: 4896

Re: I Know Nothing! Absolutely Nothing!

Knowing that you don't know and admitting it in cyber-public tells me that you are off to a good start!
by ML 59
Fri Nov 22, 2013 9:04 am
Forum: Investing - Theory, News & General
Topic: "More buyers than sellers" not so dumb
Replies: 17
Views: 1900

Re: "More buyers than sellers" not so dumb

As I see it...there can only be one buyer for each item in a transaction. There may be many bidders - but only one buyer. Likewise, for every offer to sell (ask) there can only be one person (seller) offering the item - since more than one person cannot offer the same item; it belongs only to the se...
by ML 59
Thu Nov 21, 2013 8:47 am
Forum: Investing - Theory, News & General
Topic: who here is tempted to pullback on stocks?
Replies: 139
Views: 33477

Re: who here is tempted to pullback on stocks?

My AA, as written in my IPS, is a reflection of my investment horizon and current condition. Neither of these have changed so I have neither the need nor the temptation to alter my course at this time. Writing a plan that I am certain that I can live with and stick to, was very difficult for me. It ...