Search found 137 matches

by ThereAreNoGurus
Thu Jan 17, 2019 2:22 pm
Forum: Investing - Theory, News & General
Topic: John Bogle has died at age 89
Replies: 851
Views: 44335

Re: John Bogle has died at age 89

Youngblood wrote:
Thu Jan 17, 2019 2:18 pm
Death, the only thing that could stop Jack from helping others.

Some people, when they're gone, you just feel a deep loss even though you never met them.

A life truly well lived.

RIP
I know what you meant, but Mr. Bogle will continue to help others via his books and other publications.
by ThereAreNoGurus
Mon Jan 14, 2019 3:48 pm
Forum: Personal Finance (Not Investing)
Topic: Long term care insurance policy
Replies: 140
Views: 4437

Re: Long term care insurance policy

I don't own medical insurance because the average doctor visit is $200. I own medical insurance for the catastrophic medical expense. I don't own long-term care insurance because of the average cost of care. I own it to protect against the catastrophic long-term care loss. If I have a catastrophic ...
by ThereAreNoGurus
Fri Jan 11, 2019 7:33 pm
Forum: Personal Consumer Issues
Topic: Recommendations for a 9mm handgun
Replies: 171
Views: 12660

Re: Recommendations for a 9mm handgun

^^^ Let me emphasize the importance of learning fear and respect. A cardinal principal "the gun is always loaded" has been taught to me since I was a kid. A few years ago, a friend of mine wanted to show me her H&K 9 mm. She handed it to me to get a feel for it. This was inside a home. Assuming the...
by ThereAreNoGurus
Fri Jan 11, 2019 12:13 pm
Forum: Personal Consumer Issues
Topic: Recommendations for a 9mm handgun
Replies: 171
Views: 12660

Re: Recommendations for a 9mm handgun

ebrasmus21 wrote:
Fri Jan 11, 2019 10:58 am
21&lewis wrote:
Fri Jan 11, 2019 10:21 am
Great advice on this thread! My favorite is the HK VP9
Same for me. Great firearm and it's actually a fun time at the range.
Off topic, but same here.
by ThereAreNoGurus
Wed Jan 09, 2019 1:38 am
Forum: Local Chapters and Bogleheads Community
Topic: The quest is the quest – the emotional letdown of winning the game.
Replies: 24
Views: 2458

Re: The quest is the quest – the emotional letdown of winning the game.

Richard1580 wrote:
Tue Jan 08, 2019 6:39 pm

For those who have won the game, did you experience an emotional letdown when it was finished?
Heck no. It was exhilarating. And virtually everyday it remains so.
by ThereAreNoGurus
Tue Jan 08, 2019 11:07 am
Forum: Personal Consumer Issues
Topic: Recommendations for a 9mm handgun
Replies: 171
Views: 12660

Re: Recommendations for a 9mm handgun

The posters who recommend you try shooting guns at a range are correct. But, before you just blindly shoot guns, if you have not had shooting instruction, you should. How a gun feels, and how well you use it, totally depends on your form, and as others have stated, your hand size. Guns are similar t...
by ThereAreNoGurus
Mon Jan 07, 2019 12:45 pm
Forum: Investing - Theory, News & General
Topic: What is your allocation to U.S. and International?
Replies: 220
Views: 14330

Re: What is your allocation to U.S. and International?

International equity about 7% of my equity allocation Same here. Although 2% is due to holdings in other funds/indexes, not specifically oriented/weighted towards global investing. Even the S&P 500 and mid-cap indexes have outside US exposure. I have noticed the hoopla over global investing the las...
by ThereAreNoGurus
Fri Dec 14, 2018 2:16 pm
Forum: Investing - Theory, News & General
Topic: Fisher Investments
Replies: 20
Views: 2856

Re: Fisher Investments

One thing I'd suggest if you're considering them is to follow their MarketMinder newsletter first. You can download their app or subscribe to their free newsletter. You'll get lots of good advice for them free. Then you may decide to tailor your own portfolio without paying their annual fee. After ...
by ThereAreNoGurus
Mon Oct 01, 2018 5:21 pm
Forum: Investing - Theory, News & General
Topic: Economic reasons for rate increase by the Fed?
Replies: 71
Views: 6216

Re: Economic reasons for rate increase by the Fed?

We don't have a totally free market. Nor do we have a totally controlled or command economy. Immediately prior to the Great Depression, we were a good bit closer to a free market. It didn't work out so well. According to Milton Friedman the Great Depression was not due to a free market. He says the...
by ThereAreNoGurus
Mon Sep 17, 2018 8:55 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 10160
Views: 1788882

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 ThereAreNoGurus
Mon Sep 17, 2018 12:26 pm
Forum: Personal Consumer Issues
Topic: WSJ print edition renwal time - any discounts?
Replies: 68
Views: 5194

Re: WSJ print edition renwal time - any discounts?

Why would you go with that option? Further down the thread smectym suggested the following: I’d go with this (Amazon) deal, I think this is about what we pay. $119 for 1 year (print + digital) https://www.amazon.com/gp/offer-listing/B07D95MG15/ref=dp_olp_new_mbc?ie=UTF8&condition=new The 94% rating...
by ThereAreNoGurus
Mon Sep 17, 2018 11:40 am
Forum: Personal Consumer Issues
Topic: WSJ print edition renwal time - any discounts?
Replies: 68
Views: 5194

Re: WSJ print edition renwal time - any discounts?

Why would you go with that option? Further down the thread smectym suggested the following:
I’d go with this (Amazon) deal, I think this is about what we pay. $119 for 1 year (print + digital)

https://www.amazon.com/gp/offer-listing ... dition=new
by ThereAreNoGurus
Thu Sep 13, 2018 9:24 am
Forum: Personal Consumer Issues
Topic: WSJ print edition renwal time - any discounts?
Replies: 68
Views: 5194

Re: WSJ print edition renwal time - any discounts?

The page says "This item is out of stock."
by ThereAreNoGurus
Thu Sep 13, 2018 12:57 am
Forum: Personal Finance (Not Investing)
Topic: Lab test prices - exasperating!
Replies: 101
Views: 6140

Re: Lab test prices - exasperating!

I used this website once: www .lifeextension.com/Vitamins-Supplements/Blood-Tests/Blood-Tests +1 We *always* do our entire family annual tests (ie. purchase is April during Supersale, goto Quest/Labcorp inside next 6 months) there ... last time we purchased for everyone a 7-vial (..felt a bit faint...
by ThereAreNoGurus
Tue Aug 28, 2018 6:41 pm
Forum: Personal Finance (Not Investing)
Topic: Pros/Cons of using Living Trust Checking Acct
Replies: 4
Views: 599

Re: Pros/Cons of using Living Trust Checking Acct

Free2015 wrote:
Tue Aug 28, 2018 6:34 pm
Thanks -- One downside is I've heard (trying to vet) is that Social Security checks can not be direct deposit to a Living Trust checking account
Not true.
by ThereAreNoGurus
Fri Aug 24, 2018 6:39 pm
Forum: Investing - Theory, News & General
Topic: 2000-2018 retirement - sequence of returns
Replies: 153
Views: 14315

Re: 2000-2018 retirement - sequence of returns

Nice work HomerJ, and thanks for sharing it!
by ThereAreNoGurus
Fri Aug 24, 2018 11:40 am
Forum: Personal Consumer Issues
Topic: Test your cognitive biases
Replies: 89
Views: 5535

Re: Test your cognitive biases

I wonder if its just randomly (maybe the math is wrong) that its giving the majority of us the top score. I got the same result, Technically, relative to the general population, you are among the most statistically literate in the world. My math is NOT great (i know from high school) so maybe i got...
by ThereAreNoGurus
Thu Aug 23, 2018 6:46 pm
Forum: Personal Consumer Issues
Topic: Test your cognitive biases
Replies: 89
Views: 5535

Re: Test your cognitive biases

Big Dog wrote:
Thu Aug 23, 2018 5:00 pm
Bad test design if only two questions matter, and those come first.
Yep. I think only the first two questions are scored, as me and another poster up-thread suspected/indicated.
by ThereAreNoGurus
Thu Aug 23, 2018 10:25 am
Forum: Personal Finance (Not Investing)
Topic: To buy or hold for housing crash in Bay Area CA
Replies: 27
Views: 3267

Re: To buy or hold for housing crash in Bay Area CA

Valuethinker wrote:
Thu Aug 23, 2018 10:16 am

Places in America where homes could be bought for cash also tend to be very depressed places? Detroit?
In 2017 (OP's state) almost 1 in 4 homes were bought with all cash: https://calmatters.org/articles/data-di ... ghborhood/
by ThereAreNoGurus
Thu Aug 23, 2018 12:35 am
Forum: Personal Consumer Issues
Topic: Test your cognitive biases
Replies: 89
Views: 5535

Re: Test your cognitive biases

Same result - top score. I wonder if anyone actually receives less? Or is that just my cognitive bias showing? I was a math major in college for a while. Maybe someone will admit to receiving less than the top score... I only answered the first two questions, did not answer the rest and it too said...
by ThereAreNoGurus
Sun Aug 19, 2018 1:26 am
Forum: Personal Consumer Issues
Topic: Good/Cheap Glucose Monitoring System.
Replies: 15
Views: 1337

Re: Good/Cheap Glucose Monitoring System.

Bayer Contour Next Or screw around with cheap garbage and get random readings. Your choice. In my case, it's not that I faint with a low blood sugar, not found by an inaccurate meter. It's that I could die. As Jack FFR1846 has posted twice, get the Bayer Contour Next. It is accurate and consistent....
by ThereAreNoGurus
Tue Aug 07, 2018 2:12 pm
Forum: Personal Finance (Not Investing)
Topic: Facebook asking banks for customer date "to offer more services" !?
Replies: 15
Views: 1093

Re: Facebook asking banks for customer date "to offer more services" !?

According to the WSJ article, "Bank customers would need to opt-in to the proposed Facebook services, the company said in a statement Monday."
by ThereAreNoGurus
Sun Jul 29, 2018 7:49 pm
Forum: Personal Finance (Not Investing)
Topic: An argument against self-insuring for long-term care
Replies: 214
Views: 11437

Re: An argument against self-insuring for long-term care

I completely agree with point 3. Insurance is for long tail risk. I can easily afford a few years. A couple of decades is what I want to protect against. Where can you get such a policy for 4k/ yr? I don't think such a beast exists. I think he is being a bit dis-engineous in saying you need X, but ...
by ThereAreNoGurus
Sat Jul 28, 2018 4:31 pm
Forum: Personal Finance (Not Investing)
Topic: An argument against self-insuring for long-term care
Replies: 214
Views: 11437

Re: An argument against self-insuring for long-term care

If your portfolio is $1 million, would you alter your investment mix to gain an extra 0.4% (four-tenths of one-percent) each year, if the new investment mix could result in you losing hundreds of thousands of dollars? If the answer is no, then you agree that it makes sense for you to own long-term ...
by ThereAreNoGurus
Thu Jul 26, 2018 11:41 pm
Forum: Investing - Theory, News & General
Topic: Hold one stock 25 years
Replies: 68
Views: 6591

Re: Hold one stock 25 years

Please go back 25 years ago and see what people would have said in answer to this question. Always do that when this sort of question comes up. I have investing books from the mid-1990s, and the overwhelming answer you would have gotten, from looking at them just now, was The Coca-Cola Company. Twe...
by ThereAreNoGurus
Thu Jul 26, 2018 1:05 am
Forum: Investing - Theory, News & General
Topic: Best source for simple market news?
Replies: 26
Views: 2328

Re: Best source for simple market news?

You are welcome, jeffh19.

I thought it was exactly what you were looking for. The first paragraph is always in that format. No need to read the rest, based on your original request.

Schwab usually has something in the morning and then usually shortly after closing.
by ThereAreNoGurus
Tue Jul 24, 2018 1:36 pm
Forum: Personal Finance (Not Investing)
Topic: Which doctor should I go to?
Replies: 26
Views: 1882

Re: Which doctor should I go to?

Shallowpockets wrote:
Tue Jul 24, 2018 1:03 pm
You have got to be kidding. I thought perhaps all the strange posts on BH had already been posted in some fashion or other. Now this.
This is not a personal fiancé question. Not even related.
Haha... love that typo in second to last sentence.
by ThereAreNoGurus
Mon Jul 23, 2018 2:00 am
Forum: Personal Finance (Not Investing)
Topic: Real salary growth negative?
Replies: 45
Views: 4853

Re: Real salary growth negative?

Cite for your claim? Your post does nothing to rebut the information presented above claiming wages have not stagnated. Piketty. "Capital in the twenty-first century." Sorry -- I'll try to use footnotes next time. :D Not sure how your second sentence follows -- I've read it a bunch of times. Peak m...
by ThereAreNoGurus
Sun Jul 22, 2018 10:50 pm
Forum: Personal Finance (Not Investing)
Topic: Real salary growth negative?
Replies: 45
Views: 4853

Re: Real salary growth negative?

Pajamas wrote:
Sun Jul 22, 2018 9:47 am
Yes, and it's not a problem just for your wife.

https://www.brookings.edu/research/thir ... ge-growth/
This page says it's not a problem: http://www.aei.org/publication/have-wor ... -40-years/

(Neither does JoMoney's post.)
by ThereAreNoGurus
Sat Jul 21, 2018 7:41 pm
Forum: Investing - Help with Personal Investments
Topic: Help me understand Morningstar ratings please!
Replies: 14
Views: 929

Re: Help me understand Morningstar ratings please!

Generally, I would ignore Morningstar commentary and their star ratings to pick mutual funds. Stick to the advise given up-thread. Fund and stock picking is simply not as easy as looking at past performance. Otherwise just about anybody could beat the S&P 500, but over a 30 year period, almost nobod...
by ThereAreNoGurus
Thu Jul 19, 2018 6:25 pm
Forum: Investing - Help with Personal Investments
Topic: I'm about to inherit a single stock with a worth of just over 7 figures....
Replies: 103
Views: 9386

Re: I'm about to inherit a single stock with a worth of just over 7 figures....

I see giving up the $35,000 annually as a potential mistake. I'm laughing because that assumes that a passively-managed low-expense-ratio diversified index fund portfolio won't pay out just as much or more annually. I wish my index funds didn't pay out so much because I get taxed on those payouts i...
by ThereAreNoGurus
Fri Jul 13, 2018 12:17 pm
Forum: Investing - Theory, News & General
Topic: COMING SOON: BOGLEHEADS PODCASTS
Replies: 366
Views: 20210

Re: COMING SOON: BOGLEHEADS PODCASTS

I too like the previously suggested Talking Bogleheads, but I'll make a suggestion anyways:

Bogleheads Investing: Beat the pros.
by ThereAreNoGurus
Sun Jul 08, 2018 10:26 am
Forum: Personal Consumer Issues
Topic: Retirees...what’s your lunch menus?
Replies: 54
Views: 4757

Re: Retirees...what’s your lunch menus?

Here's a link to a site full of genuine low-carb recipes: http://www.genaw.com/lowcarb/recipes.html Danger. That website triggers a reda security alert on my smartphone... Interesting... What specifically is it warning about? I've been using that site for at least a couple of years now from a PC. I...
by ThereAreNoGurus
Sun Jul 08, 2018 9:32 am
Forum: Personal Consumer Issues
Topic: Retirees...what’s your lunch menus?
Replies: 54
Views: 4757

Re: Retirees...what’s your lunch menus?

Here's a link to a site full of genuine low-carb recipes: http://www.genaw.com/lowcarb/recipes.html (Ie., no rice [brown rice is not low-carb], no beans, etc.)

Each recipe also lists the number of grams of protein, carbs, and fat.
by ThereAreNoGurus
Sat Jul 07, 2018 6:55 pm
Forum: Personal Consumer Issues
Topic: Retirees...what’s your lunch menus?
Replies: 54
Views: 4757

Re: Retirees...what’s your lunch menus?

If you happen to live near a Trader Joe's, there is this product: https://www.fooducate.com/app#!page=product&id=1F646016-169F-11E0-BF92-FEFD45A4D471 These chicken burgers come frozen. I saute two of them with pepper-jack cheese on top, and add sliced red onions. There are other possibilities of cou...
by ThereAreNoGurus
Sat Jul 07, 2018 12:25 pm
Forum: Investing - Theory, News & General
Topic: Morningstar: prepare for a lost decade for U.S. stocks
Replies: 198
Views: 20003

Re: Morningstar: prepare for a lost decade for U.S. stocks

BTW, I’ve never been a big fan of CAPE-10. Never saw the point of weighing earnings from 8, 9, 10 years ago the same as today’s earnings, or putting equal weight on earnings during recessions such as 2007-8-9. Stocks are forward looking. I care about the economic potential for earnings today and ov...
by ThereAreNoGurus
Fri Jul 06, 2018 1:47 am
Forum: Investing - Theory, News & General
Topic: Morningstar: prepare for a lost decade for U.S. stocks
Replies: 198
Views: 20003

Re: Morningstar: prepare for a lost decade for U.S. stocks

Until any of these groups who constantly are making their predictions post their track record I have no faith in their work. Perhaps someone should start a Google sheet and track these predictions every time they come out? Excellent idea, but it would be a lot of work. So much garbage published dai...
by ThereAreNoGurus
Fri Jul 06, 2018 1:45 am
Forum: Investing - Theory, News & General
Topic: Morningstar: prepare for a lost decade for U.S. stocks
Replies: 198
Views: 20003

Re: Morningstar: prepare for a lost decade for U.S. stocks

The BH noise filter is definitely broken. Haha... good one! Totally agree with the other posters challenging the validity of these forecasts/predictions. Just about anybody can put together a "logical" appearing, prognostication. Without knowing the forecaster's record, it is absurd to take this st...
by ThereAreNoGurus
Sat Jun 30, 2018 3:28 pm
Forum: Investing - Help with Personal Investments
Topic: Stocks vs. rental property
Replies: 101
Views: 11268

Re: Stocks vs. rental property

Professor Elroy Dimson studied various asset classes for last 100 years in the US and overseas. His conclusion is that real estate performance falls between bonds and stocks. In general about 1% better than inflation. I do not know about this particular study, but most of the studies that compare a...
by ThereAreNoGurus
Sat Jun 30, 2018 3:19 pm
Forum: Investing - Theory, News & General
Topic: Share Buybacks and Value Destruction
Replies: 10
Views: 1184

Re: Share Buybacks and Value Destruction

Here's an article that claims pretty much the opposite of the OP's post: https://www.usatoday.com/story/money/columnist/2018/04/22/tax-cut-backlash-senate-bill-end-buybacks-bad/536442002/ For example, concerning borrowing to execute stock buybacks: Pretend you’re a board member. Pretend I’m the CEO....
by ThereAreNoGurus
Wed Jun 27, 2018 12:58 pm
Forum: Investing - Theory, News & General
Topic: Heavy in equities?
Replies: 46
Views: 5139

Re: Heavy in equities?

What I find odd however is the position of many retired investors who both believe in the predictive power of old US data AND remain heavily invested in equities (60% or greater). I'm confused for 2 reasons: People have different situations, so their plan may not make sense to you if you are missin...
by ThereAreNoGurus
Mon Jun 25, 2018 3:03 pm
Forum: Personal Finance (Not Investing)
Topic: Sudden appearance of multiple buyers real or negotiation tactic?
Replies: 61
Views: 4387

Re: Sudden appearance of multiple buyers real or negotiation tactic?

You said you received a "strange email." Who was it from, the seller?
by ThereAreNoGurus
Sat Jun 23, 2018 12:10 pm
Forum: Investing - Theory, News & General
Topic: Heavy in equities?
Replies: 46
Views: 5139

Re: Heavy in equities?

What I find odd however is the position of many retired investors who both believe in the predictive power of old US data AND remain heavily invested in equities (60% or greater). I'm confused for 2 reasons: People have different situations, so their plan may not make sense to you if you are missin...
by ThereAreNoGurus
Sat Jun 02, 2018 3:45 pm
Forum: Personal Finance (Not Investing)
Topic: Schwab.com login trouble?
Replies: 21
Views: 3915

Re: Schwab.com login trouble?

When I use a VPN to login, there is an error message. Turn off the VPN, am able to log in Interesting. It's the opposite for me. I can only log in while connected to a VPN. When not connected I get the following message: "Internal Server Error - Read The server encountered an internal error or misc...
by ThereAreNoGurus
Sun Mar 18, 2018 7:48 pm
Forum: Investing - Theory, News & General
Topic: Incredibly sleazy Northwestern Mutual cold caller
Replies: 78
Views: 9204

Re: Incredibly sleazy Northwestern Mutual cold caller

Enjoyed the back and forth... very entertaining. Thanks for posting.
by ThereAreNoGurus
Sat Feb 10, 2018 10:23 pm
Forum: Investing - Theory, News & General
Topic: Day trading for a living/career?
Replies: 95
Views: 8687

Re: Day trading for a living/career?

There is an occasional poster here (it's not me) who is a full-time home based trader. He wrote a book titled, "How I Trade for a Living." It was published in 2000.

I purchased the book out of curiosity. I have no interest in becoming a day-trader... too much work. Again, it was just curiosity.
by ThereAreNoGurus
Tue Jan 09, 2018 2:39 pm
Forum: Forum Issues and Administration
Topic: Help me understand question-less financial status (e.g. "2 comma club") threads.
Replies: 175
Views: 14541

Re: Help me understand question-less financial status (e.g. "2 comma club") threads.

I hope the milestone posts are allowed to continue for many of the reasons already expressed. I not only enjoy reading the 2 comma milestones, but the ascent to zero net-worth, the first 100K, or whatever milestone a poster feels like celebrating or posting. I've never attended an AA meeting, but th...
by ThereAreNoGurus
Wed Nov 22, 2017 1:56 am
Forum: Personal Consumer Issues
Topic: Beware Amazon Price Gouging
Replies: 74
Views: 10740

Re: Beware Amazon Price Gouging

Invisible-Hand seems like a helpful app. It's a browser extension: http://www.getinvisiblehand.com/ From Consumer Reports: Invisible-Hand is a browser extension (download it from its website) that tracks prices at 11,000 online stores and sends you a pop-up notification so that you can see whether a...