Search found 1121 matches

by Wildebeest
Mon Oct 08, 2018 7:48 pm
Forum: Investing - Theory, News & General
Topic: Paul Romer & William Nordhaus share Nobel Prize in Economics
Replies: 16
Views: 1489

Re: Paul Romer & William Nordhaus share Nobel Prize in Economics

Hi bobcat2, Every time when the Nobel prize in economics is awarded I am disappointed that the most deserving person John C Bogle has again been bypassed. But what do Swedes know of low cost Index funds which have caused a revolution in how people can retire? I did not read about the new Nobel Prize...
by Wildebeest
Sun Oct 07, 2018 10:29 am
Forum: Investing - Theory, News & General
Topic: BOGLEHEADS 2018 VIDEOS
Replies: 12
Views: 2009

Re: BOGLEHEADS 2018 VIDEOS

Heartening to see Jack Bogle to be in great form.

Look very much forward to the videos to come.

Thanks so much for posting.
by Wildebeest
Sun Sep 30, 2018 10:50 am
Forum: Personal Finance (Not Investing)
Topic: How much money do you want to retire?
Replies: 620
Views: 75478

Re: How much money do you want to retire?

This thread brings back memories from when I was a teenager and tried to figure out what it would take me for me to never have to join the work force in the first place and be happy and lead a life of leisure. At that time my number was $250,000 which if one takes inflation into account would be $ 1...
by Wildebeest
Mon Sep 24, 2018 8:40 pm
Forum: Personal Consumer Issues
Topic: Don't try this at home?
Replies: 8
Views: 2020

Re: Don't try this at home?

We also sold our own home without a real estate agent and it went without a hitch. I cut down many trees and decided at one point that now I could afford to pay other people to cut down trees which may fall on our house. Trees kill, I have never used any of the safety gear my family bought me to kee...
by Wildebeest
Sat Sep 22, 2018 8:43 am
Forum: Personal Consumer Issues
Topic: What to wear for job interview - skip the tie?
Replies: 83
Views: 8975

Re: What to wear for job interview - skip the tie?

Great you got the job. I am glad it worked out skipping the tie. I hate wearing ties, did not wear a tie when I got married and would only don them for job interviews. However in work settings I deal with colleagues, clients and they do care what you wear ( even while they wear business casual or T ...
by Wildebeest
Sun Sep 16, 2018 12:01 pm
Forum: Investing - Help with Personal Investments
Topic: Employer won't Match 401k. Why?
Replies: 52
Views: 5568

Re: Employer won't Match 401k. Why?

I am responsible for the 401K plan at a 50ish employee company. When I came onboard, we had a 401K with high fees but "no cost" to the employer. A few years ago, we switched to a 401K plan using Vanguard (actually Ascensus, which is also a hassle. Employers with less than $20M in assets can't work ...
by Wildebeest
Sat Aug 18, 2018 10:01 am
Forum: Investing - Theory, News & General
Topic: Vanguard predicts 10 year equity returns
Replies: 91
Views: 10449

Re: Vanguard predicts 10 year equity returns

so if all experts agree that US will do worse than Int'l over the next 10 years, https://www.morningstar.com/articles/842900/experts-forecast-longterm-stock-and-bond-returns-2.html why are there people here who say you don't need Int'l? (based on last 10 years results I guess) Because: ” “Nobody kn...
by Wildebeest
Sat Aug 18, 2018 9:47 am
Forum: Personal Consumer Issues
Topic: Books - Your 3 Best - (Nonfiction, Fiction, Financial/Investing)
Replies: 48
Views: 5514

Re: Books - Your 3 Best - (Nonfiction, Fiction, Financial/Investing)

This is a difficult one. So many great books and so little time. Non fiction: "Thinking fast and thinking slow" by Daniel Kahneman; have reread it many times "Behave" by Robert Sopolksy have reread it once and it is on the schedule to be read yearly "Sapiens" by Yuval Harari. will reread it I agree ...
by Wildebeest
Sat Aug 18, 2018 8:42 am
Forum: Investing - Theory, News & General
Topic: Vanguard predicts 10 year equity returns
Replies: 91
Views: 10449

Re: Vanguard predicts 10 year equity returns

so if all experts agree that US will do worse than Int'l over the next 10 years, https://www.morningstar.com/articles/842900/experts-forecast-longterm-stock-and-bond-returns-2.html why are there people here who say you don't need Int'l? (based on last 10 years results I guess) Because: ” “Nobody kn...
by Wildebeest
Sat Aug 18, 2018 8:03 am
Forum: Investing - Theory, News & General
Topic: Vanguard predicts 10 year equity returns
Replies: 91
Views: 10449

Re: Vanguard predicts 10 year equity returns

so if all experts agree that US will do worse than Int'l over the next 10 years, https://www.morningstar.com/articles/842900/experts-forecast-longterm-stock-and-bond-returns-2.html why are there people here who say you don't need Int'l? (based on last 10 years results I guess) Because: ” “Nobody kn...
by Wildebeest
Sat Aug 18, 2018 7:40 am
Forum: Investing - Theory, News & General
Topic: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!
Replies: 1154
Views: 95161

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

I could not agree more with lost dog. Another quote from Jonathan Clements on the Humble Dollar regarding this very subject. http://www.humbledollar.com/2018/08/newsletter-no-30/ “I believe every investor should look at his or her investment mix and ask, ‘What if I’m wrong?'” We won’t get this short...
by Wildebeest
Sat Aug 18, 2018 7:27 am
Forum: Personal Consumer Issues
Topic: Reckless driving ticket in VA-Help!
Replies: 124
Views: 7700

Re: Reckless driving ticket in VA-Help!

Hi Andyandyandy,

Consider step 8-10 of lifehacker's suggestions.

https://lifehacker.com/208611/how-to-be ... ur-chances

Good luck and let us know how it turned out.

W.
by Wildebeest
Sat Aug 18, 2018 7:12 am
Forum: Personal Consumer Issues
Topic: Reckless driving ticket in VA-Help!
Replies: 124
Views: 7700

Re: Reckless driving ticket in VA-Help!

I have to say I find it funny so many of these posts and stories mention well known speed traps, going to the office, and even avoiding the area. If these speed traps are so well known, why are you, or relatives getting tickets there and why avoid the area?? :confused :wink: I am aware of speed tra...
by Wildebeest
Sat Jul 14, 2018 8:01 pm
Forum: Investing - Theory, News & General
Topic: COMING SOON: BOGLEHEADS PODCASTS
Replies: 362
Views: 18375

Re: COMING SOON: BOGLEHEADS PODCASTS

I have read every one of Rick Ferri's books and loved his books. I have talked to him at Bogleheads's yearly conference meeting. He got me to Bogleheads and talking to him at the meeting, I think he is great.
by Wildebeest
Sat Jul 14, 2018 5:36 pm
Forum: Investing - Theory, News & General
Topic: Historical U.S. Portfolio Disasters — Wrapping It All Up
Replies: 32
Views: 2696

Re: Historical U.S. Portfolio Disasters — Wrapping It All Up

Another great post by SimpleGift. Thanks. It matters how this data affects you. It is a new, brave world ( the book was published in 1932). It is a different world then 86 years ago and even 10 years ago and I think the next disaster which may turn into a "Boglehead portfolio disaster" will affect p...
by Wildebeest
Sat Jul 14, 2018 8:52 am
Forum: Personal Finance (Not Investing)
Topic: Should we sell our business?
Replies: 61
Views: 5484

Re: Should we sell our business?

My vote: If you have a good offer go with it. We sold our business. I did not want to. The business was growing like run away train. However strife with partners forced the sale. Looking back we were fortunate to sell at the time we did before the 2008 crash. 10 years later the business has been sol...
by Wildebeest
Sun Jul 01, 2018 9:36 am
Forum: Personal Consumer Issues
Topic: replace old central AC unit?
Replies: 32
Views: 2587

Re: replace old central AC unit?

I agree with all previous posters: My suggestions ate: 1. Get an energy audit. 2. If you need a new AC unit insist on a Manual J loading system and ask them to go through it how they came up with that number. 3. Depending on the cost consider a heat pump as opposed to a ac unit. 4. If you get a new ...
by Wildebeest
Wed Jun 20, 2018 10:05 am
Forum: Personal Consumer Issues
Topic: How to evaluate charities to donate to?
Replies: 36
Views: 1538

Re: How to evaluate charities to donate to?

This is a great website.

https://www.givewell.org/charities/top-charities

Also if the Gates Foundation supports it, that is a great recommendation.
by Wildebeest
Tue May 29, 2018 8:56 pm
Forum: Personal Finance (Not Investing)
Topic: What do you guys do on the side?
Replies: 299
Views: 31681

Re: The Side Hustle

Noun: 1. busy movement and activity. "the hustle and bustle of the big cities" 2. NORTH AMERICANinformal a fraud or swindle. I feel so old when I read about hustle or side hustle. I know it must mean something else that what I think it means, but what I hear is so wrong. I interpret is as a fraud or...
by Wildebeest
Mon May 28, 2018 8:05 pm
Forum: Investing - Help with Personal Investments
Topic: When and how often do you rebalance
Replies: 52
Views: 4306

Re: When and how often do you rebalance

I do not rebalance. I used to want to rebalance per my IPS. I would rebalance with new money. Link to my Wildebeest's Way to Wealth https://www.bogleheads.org/forum/viewtopic.php?t=149562#p2236841. Then I read there was little to no gain in maximizing returns by rebalancing. I am so much happier to ...
by Wildebeest
Sun May 27, 2018 9:17 pm
Forum: Personal Finance (Not Investing)
Topic: Helping Adult Children (but not too much)
Replies: 152
Views: 13362

Re: Helping Adult Children (but not too much)

It is good to have perspective and I appreciate yours. You may enjoy this article: https://www.theatlantic.com/magazine/archive/2018/06/the-birth-of-a-new-american-aristocracy/559130/ We will leave the majority of our estate to charity. Wildebeest, I have a genuine question for you: what obligation...
by Wildebeest
Sun May 27, 2018 1:29 pm
Forum: Personal Finance (Not Investing)
Topic: Helping Adult Children (but not too much)
Replies: 152
Views: 13362

Re: Helping Adult Children (but not too much)

So I have some takeaways from being the poor kid in a world mostly full of your kids, as nearly everyone around me had a lot more parental help and support: -They do not know the value of a dollar the way I do. They've never had to figure out how to make the last $10 last until the next paycheck. T...
by Wildebeest
Sun May 27, 2018 9:43 am
Forum: Investing - Help with Personal Investments
Topic: Fund choices in Nationwide 401k
Replies: 11
Views: 945

Re: Fund choices in Nationwide 401k

I feel your pain in the high ER in your fund choices. I would go for option 3. My suggestions are: Check to see if your 401 K allows you to transfer your contributions out once a year to a low ER IRA. If you are over 59.5 you are for sure. Check to see if you have self directed brokerage option. Rea...
by Wildebeest
Sat May 26, 2018 8:45 pm
Forum: Personal Consumer Issues
Topic: Help Buying Mens Shoes for Work and Dating
Replies: 97
Views: 9295

Re: Help Buying Mens Shoes for Work and Dating

S&L1940 wrote:
Sat May 26, 2018 8:34 pm
"Wildebeest, I do not suggest you get shoes for dating. That just would weird me out."

Maybe that is my problem, no dates because I am not wearing the proper shoes for dating...
My wife does not even notice my shoes. It all worked out for me.
by Wildebeest
Sat May 26, 2018 8:30 pm
Forum: Personal Finance (Not Investing)
Topic: Helping Adult Children (but not too much)
Replies: 152
Views: 13362

Re: Helping Adult Children (but not too much)

I am planning to live to one hundred ( the best laid plans etc) and I want my spouse to outlive me. I am very grateful for all the support my parents gave me when I was young and struggling and we have forwarded that gift to our children and grand children. What good will the inheritance do when we ...
by Wildebeest
Sat May 26, 2018 8:09 pm
Forum: Personal Consumer Issues
Topic: Help Buying Mens Shoes for Work and Dating
Replies: 97
Views: 9295

Re: Help Buying Mens Shoes for Work and Dating

Some people are into shoes and some are not. I am not Imelda Marcos but a good looking shoe definitely calls my name. I used to only wear Italian dress shoes ( lots of compliments on my shoes, which made me acutely uncomfortable) and then I developed corns. Then I only wore Rockports for about 10 ye...
by Wildebeest
Mon May 21, 2018 9:50 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 2924
Views: 575145

Re: What's Your Credit Card Rewards Strategy?

My credit card rewards strategy does not work. My son's: "Dad, you save money by not spending. " does. My inlaws: "Going broke saving money" is so true. Credit cards rewards is like picking up pennies in front of stream rollers. I learned my lesson with Fidelity 2% cash back card as well with Bank o...
by Wildebeest
Mon May 21, 2018 8:53 pm
Forum: Investing - Theory, News & General
Topic: Quest for better fund selection in 401 K
Replies: 22
Views: 2354

Re: Quest for better fund selection in 401 K

Update: I got an email to let me know that there is now a self directed brokerage option without an 0.7 % AUM. For $100 to start the brokerage account and up from $ 7.99 to $ 24.99 a trade and we can buy every fund /mutual fund in the USA. They accept transfers in kind. I am delighted it all worked ...
by Wildebeest
Mon Apr 02, 2018 7:56 pm
Forum: Personal Finance (Not Investing)
Topic: What age is the best to give a child control of an inheritance?
Replies: 192
Views: 13831

Re: What age is the best to give a child control of an inheritance?

It all depends on the child. Some children are born frugal and others like to spend. I do believe that most people if exposed to the education in their formative years ( 6-18 years) and are past the craziness of puberty, they will not be smarter one year past puberty than at thirty five or seventy. ...
by Wildebeest
Sat Mar 31, 2018 9:24 pm
Forum: Forum Issues and Administration
Topic: Misuse of adverse when averse was meant
Replies: 149
Views: 10955

Re: Misuse of adverse when averse was meant

Where I was brought up, everybody could spell and if you could not, it was a big deal.

I get a kick out of the spelling bees. So you get a prize if you can spell!
by Wildebeest
Sat Mar 31, 2018 9:01 pm
Forum: Personal Finance (Not Investing)
Topic: What age is the best to give a child control of an inheritance?
Replies: 192
Views: 13831

Re: What age is the best to give a child control of an inheritance?

I want to ask gasdoc (or anyone else in this position), what is the purpose of passing on an inheritance to adult children? I ask out of curiosity, and also because I think the answer might lead to an answer for the original question. I'm many years away from needing to think about this myself. Our...
by Wildebeest
Sat Mar 31, 2018 8:48 pm
Forum: Personal Finance (Not Investing)
Topic: What age is the best to give a child control of an inheritance?
Replies: 192
Views: 13831

Re: What age is the best to give a child control of an inheritance?

If you have worries about your child controlling her inheritance, may be you should give her money now and sees how she does. We plan to live to 100 and have given our child and spouse a good amount of money now. They will hit the jack pot when we die but hen they may be in their 70's , money does n...
by Wildebeest
Sat Mar 24, 2018 8:45 am
Forum: Investing - Help with Personal Investments
Topic: "I won the Lottery" update -
Replies: 33
Views: 8751

Re: "I won the Lottery" update -

Hi everyone, A few months ago I started a thread asking for advice because I came into a windfall (I won the Lottery - $2M), and I had minimal investment experience and poor spending/budgeting habits. The thread closed down awhile back after numerous debates and at times somewhat argumentative exch...
by Wildebeest
Tue Mar 20, 2018 9:53 pm
Forum: Personal Finance (Not Investing)
Topic: Buying vs renting - really tough decision to make
Replies: 64
Views: 5325

Re: Buying vs renting - really tough decision to make

If you have access to knowledge, it is not a hard decision. You might find this calculator yet: https://www.nytimes.com/interactive/2014/upshot/buy-rent-calculator.html interesting. I wished this calcukator was around when I decided to invest in real estate to take care of my retirement. (Buying my ...
by Wildebeest
Tue Mar 20, 2018 8:41 pm
Forum: Investing - Theory, News & General
Topic: Skin In The Game [new N. Taleb book]
Replies: 23
Views: 4260

Re: Skin In The Game [new N. Taleb book]

I read " The Black Swan" which I thought was interesting and got me to read more of his books. I read "Fooled by randomness" such a better book and I loved it. "Anti fragility" was the same refrain all over again and Taleb is feeling his oats. Not a good thing. A downer. So I bought" Skin in the gam...
by Wildebeest
Tue Mar 13, 2018 7:56 pm
Forum: Investing - Theory, News & General
Topic: Quest for better fund selection in 401 K
Replies: 22
Views: 2354

Re: Quest for better fund selection in 401 K

Can you post the earlier email you got regarding the self-directed option? Redact whatever names you need to. The earlier Emails regarding the self directed options where that I could pay an Investments under management fee of 0.7 % and pick from an assortment of Merril Lynch funds. I did not pursu...
by Wildebeest
Mon Mar 12, 2018 7:44 pm
Forum: Investing - Theory, News & General
Topic: Quest for better fund selection in 401 K
Replies: 22
Views: 2354

Re: Quest for better fund selection in 401 K

My last post was November 16, 2017 and since that time I have had multiple phone calls and many E mail exchanges with the Merrill Lynch rep and the Xxx VP in charge of the roll out of this 401 K in which the promised to get back to me. After they did not respond consecutive emails and the last one m...
by Wildebeest
Mon Mar 12, 2018 7:03 pm
Forum: Personal Consumer Issues
Topic: What Book Are You Currently Reading? Part VI
Replies: 3333
Views: 1003099

Re: What Book Are You Currently Reading? Part VI

Nate Silver's "The signal and the noise. Why so many predictions fail- and some don't". Great book. I am at page 378 and he never mentions Benoit Mandelbrot and in passing remarks on "Fooled by Randomness" but reading one after the other, I learned so much and is the perfect accompaniment. Why do I ...
by Wildebeest
Wed Mar 07, 2018 12:11 pm
Forum: Investing - Theory, News & General
Topic: The Illusion of "The Long-Term Average" in Investing
Replies: 61
Views: 8638

Re: The Illusion of "The Long-Term Average" in Investing

I recently read Benoit Mandelbrot's "the (mis) behavior of markets" and it provides a cogent criticism of the " reversion to the mean". that is next on my list. have you read "fractals and scaling in finance" by him? I have not. It was written in 1997 and I thought that The (Mis) Behavior of the Ma...
by Wildebeest
Wed Mar 07, 2018 10:15 am
Forum: Investing - Help with Personal Investments
Topic: Financial Samurai Blog -Passive Income Portfolio - is this guy legit or am I going off track?
Replies: 12
Views: 2441

Re: Financial Samurai Blog -Passive Income Portfolio - is this guy legit or am I going off track?

Any comments, suggestions, and criticism is most welcome. 
Leo I think Financial Samurai is legit as in that he most likely makes money of his blog. He is entertaining. I do not see his accountant reviewed financial statements and without that, I have a cynical view: what he says he does and his ou...
by Wildebeest
Wed Mar 07, 2018 9:13 am
Forum: Investing - Theory, News & General
Topic: The Illusion of "The Long-Term Average" in Investing
Replies: 61
Views: 8638

Re: The Illusion of "The Long-Term Average" in Investing

Any thoughts on all this? SimpleGift, I always look forward to your posts and charts. This is another gem. I have thoughts. I recall when reading Jack Bogle ' lecture "The tell tale heart", where he refers to the reversion of the mean, I was befuddled by it as in: The charts are nice and all, but w...
by Wildebeest
Sat Mar 03, 2018 9:54 pm
Forum: Personal Consumer Issues
Topic: Whole House Natural Gas Generator
Replies: 110
Views: 7671

Re: Whole House Natural Gas Generator

We have a whole house generator and the power went out and we were delighted, that the generator kicked in at 4:30 AM.

Do we think we get the money out of it? No!

We plan to die in our house.
by Wildebeest
Sat Mar 03, 2018 9:20 pm
Forum: Investing - Help with Personal Investments
Topic: How in Invest $1 million
Replies: 16
Views: 3727

Re: How in Invest $1 million

When I was in my thirties, I would have loved a million dollar windfall. However when I was in my thirties, luck and good graces were wasted on me and it is arguable that at my age nothing has changed. If you will keep your day job, I would suggest to invest it all in an all world index fund. If you...
by Wildebeest
Sun Feb 25, 2018 8:58 pm
Forum: Personal Consumer Issues
Topic: What Book Are You Currently Reading? Part VI
Replies: 3333
Views: 1003099

Re: What Book Are You Currently Reading? Part VI

I finished the book, "Enlightenment now" by Steven Pinker and really enjoyed it. I will read it again. If only to recall the numbers.

Five stars. Even if he goes a little over board at the end.
by Wildebeest
Sun Feb 25, 2018 8:31 pm
Forum: Personal Finance (Not Investing)
Topic: Paying off $372000 mortgage in 12 months
Replies: 46
Views: 7874

Re: Paying off $372000 mortgage in 12 months

If you have the cash flow and it does not catch up with you.

Go for it!

I never was in your shoes. I hope it works out for you.
by Wildebeest
Sun Feb 25, 2018 7:41 pm
Forum: Investing - Theory, News & General
Topic: Blasphemy... DO PEEK!
Replies: 100
Views: 10326

Re: Blasphemy... DO PEEK!

I step on the scale every day when at home. It does not hurt. It did when I gained 10 lbs in one week on vacation and I enjoyed the food and it was really good. No regrets.

I do not check my account balance. May be I learned not to care.
by Wildebeest
Sun Feb 25, 2018 7:27 pm
Forum: Personal Consumer Issues
Topic: How Far is too Far, Commuting?
Replies: 211
Views: 14439

Re: How Far is too Far, Commuting?

I would love to cycle 30-60 minutes one way twice a day ( unless it rained or snowed ).
by Wildebeest
Sun Feb 25, 2018 7:06 pm
Forum: Personal Consumer Issues
Topic: Ethics of selling a used car
Replies: 54
Views: 4800

Re: Ethics of selling a used car

Once upon a time I had a Plymouth Valiant and at gas stations while pumping gas people would come over to give me their cards and tell me if I was going to sell this car to give them a call. I hated the car. It was a death trap. We gave it to the "Purple heart" and I hope that nothing bad happened t...