Search found 175 matches

by ThereAreNoGurus
Tue Jun 18, 2019 12:47 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 967
Views: 97086

Re: U.S. stocks continue to soar!

I haven't been following the reason why stocks have gone up so much today. Does it have to do with defense contractors loving the fact that we're likely going to war with Iran or a potential federal rate cut? U.S. stocks are extending a recent rally, bolstered by rising expectations of global monet...
by ThereAreNoGurus
Sun Jun 16, 2019 7:51 pm
Forum: Investing - Theory, News & General
Topic: HEDGEFUNDIE's excellent adventure [risk parity strategy using 3x leveraged ETFs]
Replies: 2198
Views: 161184

Re: HEDGEFUNDIE's excellent adventure [risk parity strategy using 3x leveraged ETFs]

Is there something I’m missing here? What’s up with the discussion some 2000 posts into this to the effect of “high inflation’s a killer!”, etc? We’ve all known that for some time (since early February). Also, IMHO, there’s simply no reason why anyone can’t take the time to read all the posts befor...
by ThereAreNoGurus
Sun Jun 16, 2019 7:47 pm
Forum: Personal Finance (Not Investing)
Topic: Capital One will only send security notices if you let them spy on you once in a while
Replies: 46
Views: 3045

Re: Capital One will only send security notices if you let them spy on you once in a while

Capital One will stop sending email notices unless you let them spy on your emails I think you are mistaken. According to this link: https://whatismyipaddress.com/web-beacon, a "beacon" only lets one see what "you're doing while you visit the website or send the email." It's not a window to all of ...
by ThereAreNoGurus
Fri Jun 14, 2019 6:57 pm
Forum: Investing - Theory, News & General
Topic: Bogleheads vs Hedgefunds [or vs. venture capital]
Replies: 33
Views: 2382

Re: Bogleheads vs Hedgefunds

Most hedge funds after costs can't keep up with the S&P 500. For example see: https://www.theatlas.com/charts/ByYxH-w8f The record of hedge funds looks pretty dismal to me. I'll stick with the S&P 500 or Total Stock Market Index. Good luck trying to pick a hedge fund that will continue to consistent...
by ThereAreNoGurus
Tue Jun 11, 2019 7:47 pm
Forum: Investing - Theory, News & General
Topic: HEDGEFUNDIE's excellent adventure [risk parity strategy using 3x leveraged ETFs]
Replies: 2198
Views: 161184

Re: HEDGEFUNDIE's excellent adventure [risk parity strategy using 3x leveraged ETFs]

As far as people making this a core part of their retirement portfolios, please point out any of my posts where I have encouraged or condoned such behavior, and I will correct it immediately. Exactly. I'm enjoying the back and forth concerning the merits and soundness of the strategy, but the follo...
by ThereAreNoGurus
Thu Jun 06, 2019 6:47 pm
Forum: Investing - Theory, News & General
Topic: What is the rationale for cash in your portfolio?
Replies: 36
Views: 2600

Re: What is the rationale for cash in your portfolio?

Cash in a MMF pays about 2.4% interest at this point. What would bonds pay you? Not much more and maybe less. All my IBonds pay at least 3% + inflation adjustment. Some pay more. Broken Man 1999 vanguard Prime MM pays 2.4% now. Most Vanguard short term bond funds pay less than that. Vanguard total ...
by ThereAreNoGurus
Wed May 29, 2019 6:25 pm
Forum: Personal Consumer Issues
Topic: Do others dislike Vanguard's new website as much as me?
Replies: 205
Views: 12129

Re: Do others dislike Vanguard's new website as much as me?

Little off the topic. The citi banking site is so bad that I ended up closing the account. Chase is way better. Haha... glad to see somebody else complaining about Citi's site. It used to be pretty good. With each "improvement" it has gotten worse. Wish I could fire the person(s) signing-off on tho...
by ThereAreNoGurus
Mon May 27, 2019 7:10 pm
Forum: Personal Investments
Topic: Portfolio for young, worried investor
Replies: 48
Views: 3234

Re: Portfolio for young, worried investor

Interesting thread from a poster who states unconditionally: In this thread I will show you how you can use a small allocation of leveraged ETFs in a portfolio that is already very safe to boost performance and keep volatility low. https://www.bogleheads.org/forum/viewtopic.php?f=10&t=282004 And ti...
by ThereAreNoGurus
Mon May 27, 2019 6:57 pm
Forum: Personal Investments
Topic: Portfolio for young, worried investor
Replies: 48
Views: 3234

Re: Portfolio for young, worried investor

Interesting thread from a poster who states unconditionally: In this thread I will show you how you can use a small allocation of leveraged ETFs in a portfolio that is already very safe to boost performance and keep volatility low. https://www.bogleheads.org/forum/viewtopic.php?f=10&t=282004 And tit...
by ThereAreNoGurus
Fri May 24, 2019 4:26 pm
Forum: Investing - Theory, News & General
Topic: HEDGEFUNDIE's excellent adventure [risk parity strategy using 3x leveraged ETFs]
Replies: 2198
Views: 161184

Re: HEDGEFUNDIE's excellent adventure [risk parity strategy using 3x leveraged ETFs]

Well this is the most fun I’ve had with investing in a while. ... I went in knowing the risks. Ditto. When I saw this thread's first post, I was thinking to myself, "Oh no," but upon revisiting it later and seeing the OP's updated presentation, as well as being very impressed with other posters who...
by ThereAreNoGurus
Thu May 23, 2019 11:45 pm
Forum: Investing - Theory, News & General
Topic: Around 43K in dividends last year - feel good about it ?
Replies: 188
Views: 20435

Re: Around 43K in dividends last year - feel good about it ?

Wow... after 4 pages containing many well-written explanations of what a dividend really is, it appears we still have a few posters thinking a dividend is the same thing as interest on a savings account.
by ThereAreNoGurus
Wed May 22, 2019 3:29 pm
Forum: Investing - Theory, News & General
Topic: HEDGEFUNDIE's excellent adventure [risk parity strategy using 3x leveraged ETFs]
Replies: 2198
Views: 161184

Re: HEDGEFUNDIE's excellent adventure [risk parity strategy using 3x leveraged ETFs]

MotoTrojan wrote:
Wed May 22, 2019 2:27 pm
I'd suggest you start a new thread so we don't bog down this fascinating one.
Excellent suggestion... thanks!
by ThereAreNoGurus
Sun May 19, 2019 5:32 pm
Forum: Personal Consumer Issues
Topic: Good quality sneakers for someone with foot issues?
Replies: 37
Views: 3058

Re: Good quality sneakers for someone with foot issues?

If you have good custom orthotics add 1/2 size to your size you think you wear. When instructed to remove the shoe's existing insole, I have not found this to be true. The orthotics I have are full length as well as multi-layer. They would never fit with original insole and do in fact require a hal...
by ThereAreNoGurus
Sun May 19, 2019 5:07 pm
Forum: Personal Consumer Issues
Topic: Good quality sneakers for someone with foot issues?
Replies: 37
Views: 3058

Re: Good quality sneakers for someone with foot issues?

Housedoc wrote:
Sun May 19, 2019 12:44 pm
If you have good custom orthotics add 1/2 size to your size you think you wear.
When instructed to remove the shoe's existing insole, I have not found this to be true.
by ThereAreNoGurus
Sat May 18, 2019 6:58 pm
Forum: Personal Finance (Not Investing)
Topic: Personal Umbrella Insurance from USLI -- sound ok?
Replies: 15
Views: 813

Re: Personal Umbrella Insurance from USLI -- sound ok?

My broker has quoted me ~$300/year for personal umbrella insurance from USLI with a $1,000,000 limit. Does that sound ok? I have a policy that is higher than that and significantly cheaper with Geico. But depends on the specifics on what you own. Also, many insurers require you to have homeowners a...
by ThereAreNoGurus
Sat May 18, 2019 6:45 pm
Forum: Personal Finance (Not Investing)
Topic: Personal Umbrella Insurance from USLI -- sound ok?
Replies: 15
Views: 813

Re: Personal Umbrella Insurance from USLI -- sound ok?

boglerocks wrote:
Sat May 18, 2019 6:43 pm
USLI also does not seem to require that but I will double-check.
From their website, I got the impression they did not require it, but I did find it frustrating that their website doesn't give out much info.
by ThereAreNoGurus
Sat May 18, 2019 6:44 pm
Forum: Personal Finance (Not Investing)
Topic: Personal Umbrella Insurance from USLI -- sound ok?
Replies: 15
Views: 813

Re: Personal Umbrella Insurance from USLI -- sound ok?

I suppose you mean what I own as far as real estate? I'm actually renting and don't own real estate at all. Sounds like this must be a pretty high quote. Not just real estate. Some insurers may charge more if you have boats. Other factors are the number of cars in the household, the age of the driv...
by ThereAreNoGurus
Sat May 18, 2019 6:42 pm
Forum: Personal Finance (Not Investing)
Topic: Personal Umbrella Insurance from USLI -- sound ok?
Replies: 15
Views: 813

Re: Personal Umbrella Insurance from USLI -- sound ok?

My broker has quoted me ~$300/year for personal umbrella insurance from USLI with a $1,000,000 limit. Does that sound ok? I have a policy that is higher than that and significantly cheaper with Geico. But depends on the specifics on what you own. Also, many insurers require you to have homeowners a...
by ThereAreNoGurus
Sat May 18, 2019 6:26 pm
Forum: Personal Finance (Not Investing)
Topic: Personal Umbrella Insurance from USLI -- sound ok?
Replies: 15
Views: 813

Re: Personal Umbrella Insurance from USLI -- sound ok?

Thank you for the very useful link for comparative premiums. My broker quoted me about 50% higher rates than those but I'm leaning toward paying them. She adds a lot of value as middleman between me and the insurance company and I don't mind paying for that. Is USLI ok? You are welcome. Thanks for ...
by ThereAreNoGurus
Sat May 18, 2019 4:37 pm
Forum: Personal Finance (Not Investing)
Topic: Personal Umbrella Insurance from USLI -- sound ok?
Replies: 15
Views: 813

Re: Personal Umbrella Insurance from USLI -- sound ok?

Not enough info. There are many variables, such as number of drivers in your household, how many properties you own, boats, etc., etc. For comparison, you can get an umbrella policy quote from RLI (A+ AM Best rating) without giving your name, phone, or email address: https://www.rlicorp.com/personal...
by ThereAreNoGurus
Fri May 17, 2019 11:28 am
Forum: Investing - Theory, News & General
Topic: how do Tariffs impact your portfolio?
Replies: 25
Views: 1338

Re: how do Tariffs impact your portfolio?

Not enough to matter. Totally agree with your first sentence. In the end, we expect cooler heads—and the bull market—to prevail, whether these tariffs remain in place or not. Overthinking every move in the tariff tango the US and China are dancing seems unnecessary to us. https://www.fisherinvestme...
by ThereAreNoGurus
Mon May 06, 2019 11:15 pm
Forum: Personal Finance (Not Investing)
Topic: What if I Never Buy a House?
Replies: 109
Views: 15968

Re: What if I Never Buy a House?

tampaite wrote:
Mon May 06, 2019 4:00 pm
Ganacel wrote:
Fri Nov 07, 2014 11:23 pm
For those of you who are older and wiser, am I making a huge financial mistake by not buying a house?
You'll just be fine renting lifelong.
Do you realize that the OP posted his inquiry 4 and-a-half years ago?
by ThereAreNoGurus
Fri Apr 05, 2019 6:05 pm
Forum: Personal Investments
Topic: high dividend investments
Replies: 34
Views: 2567

Re: high dividend investments

So these are companies that have been paying dividends long and won’t be likely to retract dividend payouts even during a downturn. Many long established dividend companies cut their dividends in 2008 to 2009 It’s true you’re correct but I’d still focus more on larger established dividend payers no...
by ThereAreNoGurus
Fri Mar 29, 2019 10:42 pm
Forum: Personal Investments
Topic: How often do you check your accounts?
Replies: 53
Views: 3083

Re: How often do you check your accounts?

I don’t buy the premise that checking often is universally bad. Agree 100%. Like another poster, above, my portfolio is in Morningstar. I'll check the market many times a day and my portfolio once a day, sometimes. I find the Wall St. Waltz entertaining. I realize it is not for others... that's fin...
by ThereAreNoGurus
Fri Mar 29, 2019 7:06 pm
Forum: Personal Investments
Topic: How often do you check your accounts?
Replies: 53
Views: 3083

Re: How often do you check your accounts?

I don’t buy the premise that checking often is universally bad. Agree 100%. Like another poster, above, my portfolio is in Morningstar. I'll check the market many times a day and my portfolio once a day, sometimes. I find the Wall St. Waltz entertaining. I realize it is not for others... that's fine.
by ThereAreNoGurus
Mon Mar 25, 2019 4:55 pm
Forum: Personal Investments
Topic: Experience with Edward Jones?
Replies: 76
Views: 7168

Re: Experience with Edward Jones?

neveragain wrote:
Mon Mar 25, 2019 4:42 pm
I just don't know what to say anymore.
Your userid is all you need to say to them. :D
by ThereAreNoGurus
Sun Mar 24, 2019 6:29 pm
Forum: Personal Finance (Not Investing)
Topic: Do you treat inheritance as a singular or shared asset?
Replies: 113
Views: 5512

Re: Do you treat inheritance as a singular or shared asset?

Yes, life can get cheerfully complicated in these days of blended families, but I don’t see why everyone has to make things so dramatic, and it’s especially irritating (to me) to read comments that keeping inheritances separate obviously indicates trust issues and impending marital disaster. Totall...
by ThereAreNoGurus
Sat Mar 23, 2019 11:53 pm
Forum: Personal Finance (Not Investing)
Topic: Do you trust/use your bank’s mobile app
Replies: 34
Views: 1702

Re: Do you trust/use your bank’s mobile app

I use my phone for deposits, inquiries, and sometimes paying off cards. It's easy to use. I'm not worried about security at all. I also use Venmo to pay people instead of using checks or cash. I don't use a phone for brokerage apps. Much easier on a device with more screen real estate and a real key...
by ThereAreNoGurus
Wed Mar 20, 2019 8:29 pm
Forum: Personal Consumer Issues
Topic: Beta Vanguard APP
Replies: 61
Views: 4455

Re: Beta Vanguard APP

I see, thanks.

Just noticed the date of original post. :oops:

I usually don't miss that, but since I got the email today, I incorrectly assumed.
by ThereAreNoGurus
Wed Mar 20, 2019 8:22 pm
Forum: Personal Consumer Issues
Topic: Beta Vanguard APP
Replies: 61
Views: 4455

Re: Beta Vanguard APP

You'll just need an iPhone and at least one brokerage account with one or more holdings.[/i] Interesting... mine said Android. Probably because I have used their Android app (once) to access Vanguard, even though I use an iPhone now. (I don't plan to participate. Not for security reasons. I just ha...
by ThereAreNoGurus
Sat Mar 16, 2019 6:40 pm
Forum: Investing - Theory, News & General
Topic: That's enough for me in 2019
Replies: 785
Views: 77747

Re: That's enough for me in 2019

drk wrote:
Sat Mar 16, 2019 6:30 pm
^ You two are in violent agreement. Take a step back and read again to understand that.
Haha... yeah, sorry... the "gotcha" was meant to mean the same as "Rodger that," ie. I completely agree. Yes... violent agreement... haha.
by ThereAreNoGurus
Sat Mar 16, 2019 6:08 pm
Forum: Investing - Theory, News & General
Topic: That's enough for me in 2019
Replies: 785
Views: 77747

Re: That's enough for me in 2019

I worked with a couple of guys who would move their full 401k balance into megacorp stock before ex-dividend, and then move back to their AA immediately after. I tried getting them to do the math on how much of a market move would offset the dividend gain (less than 0.75%) but they were convinced t...
by ThereAreNoGurus
Sat Mar 16, 2019 5:10 pm
Forum: Investing - Theory, News & General
Topic: That's enough for me in 2019
Replies: 785
Views: 77747

Re: That's enough for me in 2019

I worked with a couple of guys who would move their full 401k balance into megacorp stock before ex-dividend, and then move back to their AA immediately after. I tried getting them to do the math on how much of a market move would offset the dividend gain (less than 0.75%) but they were convinced t...
by ThereAreNoGurus
Sat Mar 16, 2019 4:24 pm
Forum: Investing - Theory, News & General
Topic: That's enough for me in 2019
Replies: 785
Views: 77747

Re: That's enough for me in 2019

I worked with a couple of guys who would move their full 401k balance into megacorp stock before ex-dividend, and then move back to their AA immediately after. I tried getting them to do the math on how much of a market move would offset the dividend gain (less than 0.75%) but they were convinced t...
by ThereAreNoGurus
Thu Mar 14, 2019 6:04 pm
Forum: Personal Consumer Issues
Topic: Button Down Shirts / Travel Pants / Light Jacket? Other Tips from experienced Boglehead world travelers?
Replies: 179
Views: 13581

Re: Men's No-Cotton Travel Pants / Shirts Suggestions? Other Tips from experienced world travellers?

And finally Starfish, it's safe to drink the water in most 1st world countries, but there are plenty of places out there where you really really want bottled water (I haven't traveled much in such countries, but I have a relative who has). I recently bought the Grayl water bottle filter (https://th...
by ThereAreNoGurus
Tue Feb 19, 2019 2:18 am
Forum: US Chapters
Topic: How many bogleheads do you know in real life?
Replies: 130
Views: 8899

Re: How many bogleheads do you know in real life?

I would estimate that in our upper-middle class circle of acquaintances, not 5% have financial lives that would merit discussion here without some sense of horror and embarrassment. All the surveys I see about the financial health of average Americans suggests this is true. ... This is actionable t...
by ThereAreNoGurus
Thu Jan 17, 2019 2:22 pm
Forum: Investing - Theory, News & General
Topic: John Bogle has died at age 89
Replies: 856
Views: 51575

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: 4771

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: 13199

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: 13199

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: US Chapters
Topic: The quest is the quest – the emotional letdown of winning the game.
Replies: 24
Views: 2626

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: 13199

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: 221
Views: 16863

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: 3213

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: 6325

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: 11013
Views: 1923580

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: 5922

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: 5922

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