Search found 349 matches

by Dave55
Tue Sep 25, 2018 6:51 pm
Forum: Investing - Theory, News & General
Topic: Other Portfolios that aren't 3 fund
Replies: 19
Views: 1283

Re: Other Portfolios that aren't 3 fund

I know the philosophy here and I will likely follow the same path once I can get a larger balance but in the meantime, I love playing around with funds and making different portfolios (not with real money of course). Usually using Portfolio Advisor (yes I understand this looks at the past and no on...
by Dave55
Thu Sep 20, 2018 5:57 pm
Forum: Investing - Help with Personal Investments
Topic: should I invest it all now?
Replies: 7
Views: 1092

Re: should I invest it all now?

Hi everyone! I am new here and to this way of thinking. I have lost over $250,000 over the course of my life trying to BEAT the market but instead got Beat up... SO ITS A RELIEF TO FIND MR BOGLE AND THE BOGLEHEADS!! I have two questions that I would really appreciate input on. First one is , I have...
by Dave55
Tue Sep 18, 2018 7:22 am
Forum: Personal Finance (Not Investing)
Topic: Considering Quitting Job - Seeking Advice. Would you do it?
Replies: 154
Views: 11651

Re: Considering Quitting Job - Seeking Advice. Would you do it?

I obviously don't have any experience leaving companies since all my 25 years have been at one company....so the feedback from experienced people on this forum has provided new perspective and caused me to tune my approach. I kind of thought feedback on this forum might be 75% leave, 25% stick it o...
by Dave55
Sun Sep 16, 2018 12:56 pm
Forum: Personal Finance (Not Investing)
Topic: Considering Quitting Job - Seeking Advice. Would you do it?
Replies: 154
Views: 11651

Re: Considering Quitting Job - Seeking Advice. Would you do it?

How many Franklins can you fit in your coffin? A good friend of mine once remarked, "On your deathbed you will not have one thought about whether you should have worked harder or longer or achieved X in your career. You thoughts will be on those you loved and shared your life with".

Dave
by Dave55
Sun Sep 16, 2018 9:15 am
Forum: Personal Finance (Not Investing)
Topic: Considering Quitting Job - Seeking Advice. Would you do it?
Replies: 154
Views: 11651

Re: Considering Quitting Job - Seeking Advice. Would you do it?

The work hours are wearing on me, and my spouse, and my family. I generally work 16 to 17 hours/day during the week (12 at the office, and 4 or 5 more when I get home, sometimes more…maybe a little less on Fridays), and typically about 15 hours on the weekend (trying to cram it all in one day, so I...
by Dave55
Sat Sep 15, 2018 7:45 pm
Forum: Personal Consumer Issues
Topic: What Book Are You Currently Reading? Part VI
Replies: 3295
Views: 995880

Re: What Book Are You Currently Reading? Part VI

"Pegasus Descending" by James Lee Burke, the 15th in the series. All 15 are excellent.

Dave
by Dave55
Sat Sep 08, 2018 9:37 am
Forum: Personal Consumer Issues
Topic: Buy a house that needs full renovation?
Replies: 40
Views: 1674

Re: Buy a house that needs full renovation?

The whole experience has been quite stressful so far and I think renovating would add a lot of stress and be time consuming - especially if I go significantly over budget. I currently rent so I don't have to move in right away. If this has been stressful so far, you ought to take a pass. The renova...
by Dave55
Fri Sep 07, 2018 6:42 pm
Forum: Investing - Theory, News & General
Topic: D. E. Shaw fund prospectus - would you invest?
Replies: 35
Views: 2210

Re: D. E. Shaw fund prospectus - would you invest?

No. I gave up hedge funds in my 40's. Fees and lockups onerous. I would have done better in the S&P index.

Dave
by Dave55
Fri Sep 07, 2018 9:48 am
Forum: Personal Finance (Not Investing)
Topic: Fee only Financial planners
Replies: 31
Views: 2610

Re: Fee only Financial planners

There are 2 Advisors I know about that use low fixed fees or flat fees:

http://www.cardiffpark.com/why-cardiff- ... visor-fees

https://www.evansonasset.com/fees-and-services-11.htm


Dave
by Dave55
Thu Aug 30, 2018 8:51 am
Forum: Personal Finance (Not Investing)
Topic: Zelle, online payments
Replies: 53
Views: 4368

Re: Zelle, online payments

Never had an issue with Zelle.

Dave
by Dave55
Wed Aug 29, 2018 7:20 am
Forum: Personal Consumer Issues
Topic: What Book Are You Currently Reading? Part VI
Replies: 3295
Views: 995880

Re: What Book Are You Currently Reading? Part VI

dave55 - James Lee Burke is outstanding and the Robicheaux series is one of my favorites. Just received a notice from Goodreads that his latest is being released next month. I just finished "The Redeemers" by Ace Atkins...a new author for me. Set in Mississippi, Atkins has a series on Quinn Colson,...
by Dave55
Wed Aug 29, 2018 6:49 am
Forum: Personal Consumer Issues
Topic: What Book Are You Currently Reading? Part VI
Replies: 3295
Views: 995880

Re: What Book Are You Currently Reading? Part VI

dave55 - James Lee Burke is outstanding and the Robicheaux series is one of my favorites. Just received a notice from Goodreads that his latest is being released next month. I just finished "The Redeemers" by Ace Atkins...a new author for me. Set in Mississippi, Atkins has a series on Quinn Colson,...
by Dave55
Tue Aug 28, 2018 8:54 pm
Forum: Investing - Help with Personal Investments
Topic: What do you know about LPL Financial?
Replies: 26
Views: 2433

Re: What do you know about LPL Financial?

LPL is the largest independent broker dealer in the US. They have 15,000 plus financial advisors. A friend of mine told me that independent broker dealers used to derive most of their money from trading stock commissions and loaded mutual fund sales. If I recall correctly, that has shifted more towa...
by Dave55
Tue Aug 28, 2018 7:48 pm
Forum: Personal Consumer Issues
Topic: What Book Are You Currently Reading? Part VI
Replies: 3295
Views: 995880

Re: What Book Are You Currently Reading? Part VI

I just read Dave Robicheaux 10th and 11th in the series; "Sunset Limited" and "Purple Can Road" by James Lee Burke. Now on the 12th book in the series, "Jolie Blon's Bounce". I confess, I am enjoying this series very much and I am also addicted to it.

Dave
by Dave55
Tue Aug 28, 2018 1:03 pm
Forum: Investing - Help with Personal Investments
Topic: Stay away from Non Traded Reits?
Replies: 23
Views: 1799

Re: Stay away from Non Traded Reits?

Hello everyone, Should we stay away from ANY non traded reits under any circumstance? For example, the famous Blackstone Reits which recently open to individual investor. Yeah, by reading other posts, I know the biggest downside is illiquidity, by it seems that non traded reits is Not correlated wi...
by Dave55
Thu Aug 16, 2018 11:20 am
Forum: Investing - Theory, News & General
Topic: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!
Replies: 1052
Views: 82780

Re: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!

Disclaimer: Not trying to persuade anyone of anything. Most sovereign wealth funds invest worldwide, see: https://www.cnbc.com/2015/07/17/the-worlds-biggest-sovereign-wealth-funds.html#slide=1 - watch the whole slide show to see each countries details. Interesting to note that Norway's Pension Fund ...
by Dave55
Tue Aug 14, 2018 4:34 pm
Forum: Investing - Theory, News & General
Topic: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!
Replies: 1052
Views: 82780

Re: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!

All the lazy portfolio's have International stock in them. See: https://www.marketwatch.com/lazyportfolio I think there is a good reason that professional's like Rick Ferri, Allan Roth, Bill Schultheis, Ted Aronoson, Dr. William Bernstein, David Swensen & many others suggest using International as p...
by Dave55
Tue Aug 14, 2018 3:22 pm
Forum: Personal Consumer Issues
Topic: What Book Are You Currently Reading? Part VI
Replies: 3295
Views: 995880

Re: What Book Are You Currently Reading? Part VI

"The Sinners" by Ace Atkins, this is the 8th book of the Quinn Colson series. Quinn is the sheriff in a fictional rural Mississippi county plagued with its share of crime and characters. His family and personal life add richness. The writing, characters and plots make the entire series of 8 books qu...
by Dave55
Wed Aug 08, 2018 1:43 pm
Forum: Investing - Help with Personal Investments
Topic: Have Private Reits worked for you?
Replies: 17
Views: 1062

Re: Have Private Reits worked for you?

I invested in private Reits and Real Estate Limited Partnerships for many years. I stopped investing in them about 10 years ago. Some did very well, some were mediocre and some were unpleasant. The K-1's are a pain, the risks are high, and the expenses and fees for these deals are atrocious.

Dave
by Dave55
Thu Aug 02, 2018 5:59 pm
Forum: Personal Consumer Issues
Topic: What Book Are You Currently Reading? Part VI
Replies: 3295
Views: 995880

Re: What Book Are You Currently Reading? Part VI

"The Redeemers" by Ace Atkins, the 5th book in the Quinn Colson series.

Dave
by Dave55
Mon Jul 23, 2018 4:59 pm
Forum: Investing - Help with Personal Investments
Topic: Considering getting out of Wellington Fund(admiral)
Replies: 12
Views: 1578

Re: Considering getting out of Wellington Fund(admiral)

Wellington out performed the Morningstar Moderate Target Risk Index for 1, 3, 5, 10 and 15 year(s) by over 100 basis points and the Moderate Allocation category 1, 3, 5, 10 and 15 years by 119-212 basis points. In other words, excellent performance for the past 15 years. Measuring fund performance f...
by Dave55
Mon Jul 23, 2018 12:54 pm
Forum: Investing - Help with Personal Investments
Topic: Investing with a Developer
Replies: 48
Views: 3718

Re: Investing with a Developer

The 15% fee is a non starter.

Dave
by Dave55
Thu Jul 05, 2018 7:34 pm
Forum: Personal Consumer Issues
Topic: What Book Are You Currently Reading? Part VI
Replies: 3295
Views: 995880

Re: What Book Are You Currently Reading? Part VI

Just finished "Red Notice" by Bill Browder. Excellent page turner that is a true story of one of the first investor's in Russia during privatization of Russian national companies in the 1990's. His hedge fund retuned over 2,600% in 10 years but not without many battles for truth and justice. Browder...
by Dave55
Thu Jul 05, 2018 1:30 pm
Forum: Personal Consumer Issues
Topic: Walking Coast-to-Coast
Replies: 86
Views: 7303

Re: Walking Coast-to-Coast

What a Wonderful & Exciting Journey! Congrats!

Dave
by Dave55
Sun Jul 01, 2018 5:52 pm
Forum: Investing - Theory, News & General
Topic: What is your one favorite Fidelity Fund??
Replies: 59
Views: 5626

Re: What is your one favorite Fidelity Fund??

I carry fewer and fewer Fidelity funds over time, and I wouldn't recommend the one I do carry, but it works for me. FOCKX slots into my portfolio at 7% of total allocation, and returns have been stellar over the couple years I've owned it. The fees are very high at 70 basis points and I suspect I'm...
by Dave55
Sun Jul 01, 2018 5:42 pm
Forum: Investing - Theory, News & General
Topic: Are Hedge funds basically scams?
Replies: 36
Views: 3290

Re: Are Hedge funds basically scams?

No. There are approximately 10,000 hedge funds globally with AUM around $3.2 trillion. Many different types of hedge funds exist including but not limited to global macro, long-short, event driven, distressed debt, options, small cap, emerging market etc. The fee structure and % of profits paid to ...
by Dave55
Sun Jul 01, 2018 8:46 am
Forum: Investing - Theory, News & General
Topic: Are Hedge funds basically scams?
Replies: 36
Views: 3290

Re: Are Hedge funds basically scams?

No. There are approximately 10,000 hedge funds globally with AUM around $3.2 trillion. Many different types of hedge funds exist including but not limited to global macro, long-short, event driven, distressed debt, options, small cap, emerging market etc. The fee structure and % of profits paid to t...
by Dave55
Sat Jun 30, 2018 5:36 pm
Forum: Investing - Theory, News & General
Topic: Taylor's New Book: The Bogleheads' Guide to The Three-Fund Portfolio
Replies: 210
Views: 35331

Re: Taylor's New Book: The Bogleheads' Guide to The Three-Fund Portfolio

Thanks Taylor. Great job! I just got my copy today and I am looking forward to reading it.

Dave
by Dave55
Fri Jun 29, 2018 3:44 pm
Forum: Investing - Theory, News & General
Topic: Why is warren buffet okay with no owning any bonds?
Replies: 48
Views: 4765

Re: Why is warren buffet okay with no owning any bonds?

Warren buffet calls bonds a very dangerous investments and does not own any bonds. How is he okay with not owning any bonds at his age? Can we own 100% stocks at later years of our lives? Bonds are dangerous to who? Buffet never elaborates, nor does he discuss risk tolerance, nor does go into detai...
by Dave55
Thu Jun 28, 2018 6:47 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard is really pushing their Personal Adviser Service
Replies: 65
Views: 6516

Re: Vanguard is really pushing their Personal Adviser Service

My sister rolled her IRA over to Vanguard in 2014, and they prepared an investment plan. Her account totals approximately $730,000 all of it in four stock and bond index funds. Her AA is 50% stocks/50% bonds. When she rolled it over they told that she could get a free portfolio checkup every year. ...
by Dave55
Tue Jun 26, 2018 10:34 am
Forum: Personal Consumer Issues
Topic: What Book Are You Currently Reading? Part VI
Replies: 3295
Views: 995880

Re: What Book Are You Currently Reading? Part VI

I just finished the 2nd book in the Quinn Colson series by Ace Atkins, "The Lost Ones".

Dave
by Dave55
Mon Jun 25, 2018 1:46 pm
Forum: Personal Consumer Issues
Topic: When did you start flying business class?
Replies: 155
Views: 12556

Re: When did you start flying business class?

I was United Premier Executive from the early 90's - 2010. I always bought a coach ticket for domestic travel and either got bumped into 1st class, or used upgrades for first class and flew 1st class 90% of the time. I flew close to 1 million miles from 1985-2010, mostly business but some pleasure. ...
by Dave55
Tue Jun 19, 2018 7:18 pm
Forum: Personal Consumer Issues
Topic: What Book Are You Currently Reading? Part VI
Replies: 3295
Views: 995880

Re: What Book Are You Currently Reading? Part VI

Now reading "The Ranger" by Ace Atkins, and I am really enjoying it.

Just finished "The Quiet Game" by Greg Isles - excellent read.

Dave
by Dave55
Sat Jun 16, 2018 9:22 am
Forum: Personal Finance (Not Investing)
Topic: Poconos, PA Lake house Year-round?
Replies: 2
Views: 710

Re: Poconos, PA Lake house Year-round?

I have immediate family members who have lived there for the past 35 years (though I do not live there). I have spent some time there and my family moved from NJ for the reasons you sight. In the Stroudsburg metro you have everything you need and mentioned on your list, the Walgreens, hospitals, sto...
by Dave55
Sat Jun 16, 2018 9:11 am
Forum: Personal Consumer Issues
Topic: Houston Safety
Replies: 13
Views: 1384

Re: Houston Safety

Colorado is great! We love it here.

Dave
by Dave55
Sat Jun 16, 2018 9:04 am
Forum: Personal Consumer Issues
Topic: Houston Safety
Replies: 13
Views: 1384

Re: Houston Safety

I lived a few blocks from there many years ago. Never was a problem then, not sure how it is now though.

Dave
by Dave55
Sat Jun 16, 2018 8:43 am
Forum: Investing - Theory, News & General
Topic: Gundlach sees 10 yr yields hitting 6%
Replies: 18
Views: 3340

Re: Gundlach sees 10 yr yields hitting 6%

...his past calls have been interesting nonetheless imo... Like this one? "Though I rarely go public with specifics on stocks, I think the Standard & Poor's 500, which is now over 1300, will hit 500 in the next couple of years," he says. -- Barron's, "The King of Bonds," Feb. 21, 2011. Red: predict...
by Dave55
Mon Jun 11, 2018 4:11 pm
Forum: Personal Consumer Issues
Topic: Life in retirement - what did you do today?
Replies: 194
Views: 18442

Re: Life in retirement - what did you do today?

Walked 3 miles at daybreak, read some, took a nap, ran some errands.

Dave
by Dave55
Sat Jun 02, 2018 8:03 am
Forum: Investing - Theory, News & General
Topic: VTI or VIG as a core U.S Stock Market Holding
Replies: 27
Views: 8312

Re: VTI or VIG as a core U.S Stock Market Holding

selters wrote:
Sat Jun 02, 2018 6:03 am
What is VIG?
Vanguard Dividend Appreciation ETF


Dave
by Dave55
Wed May 30, 2018 4:25 pm
Forum: Investing - Theory, News & General
Topic: To be or not to be complex, that is the question
Replies: 146
Views: 12839

Re: To be or not to be complex, that is the question

Thanks Rick, excellent post. I chased alpha for decades and I am now totally set with:
VTI + VXUS + VBTLX + VFIDX

Dave
by Dave55
Fri May 25, 2018 6:04 pm
Forum: Investing - Help with Personal Investments
Topic: Book for wife on investing
Replies: 26
Views: 2174

Re: Book for wife on investing

Agree with "The Boglehead Guide to Investing". I also like & recommend these : "All About Asset Allocation" by Rick Ferri "How to Think About Money" by Jonathon Clements "The Coffeehouse Investor" by Bill Schultheis "How to Make Your Money Last" by Jane Brant Quinn "The Index Revolution, Why Investo...
by Dave55
Mon May 21, 2018 4:11 pm
Forum: Personal Consumer Issues
Topic: What Book Are You Currently Reading? Part VI
Replies: 3295
Views: 995880

Re: What Book Are You Currently Reading? Part VI

"Trophy Hunt" by C.J. Box

Dave
by Dave55
Mon May 21, 2018 1:36 pm
Forum: Investing - Help with Personal Investments
Topic: Pimco INCOME BOND FUND PONAX beating VWIAX Wellesley ~~ too good to be true?
Replies: 26
Views: 2161

Re: Pimco INCOME BOND FUND PONAX beating VWIAX Wellesley ~~ too good to be true?

PONAX is a Multi-Sector bond fund. Multi-Sector Bond funds are go anywhere bond funds, that is, they can invest anywhere in the fixed income universe with no regard to adhering to an index. Multi-Sector Bond funds can include junk bonds, emerging market bonds, distressed bonds, as well as traditiona...
by Dave55
Mon May 14, 2018 1:33 pm
Forum: Personal Consumer Issues
Topic: What Book Are You Currently Reading? Part VI
Replies: 3295
Views: 995880

Re: What Book Are You Currently Reading? Part VI

Read "The Lock Artist" by Scott Hamilton, and really enjoyed it.
Picked up "The 2nd Life Nick Mason" and "Winter of the Wolf Moon; An Alex McNight Mystery" both by Hamilton. "Winter of the Wolf Moon; An Alex McNight Mystery" is good, and "The 2nd Life Nick Mason" is excellent.

Dave
by Dave55
Sun May 06, 2018 11:57 am
Forum: Personal Consumer Issues
Topic: most compelling TV character ever
Replies: 260
Views: 25077

Re: most compelling TV character ever

Andy Sipowicz - NYPD Blue
Jim Rockford - Rockford Files
Lt Colombo - Colombo