Search found 494 matches

by selters
Sat Feb 17, 2018 6:36 am
Forum: Investing - Help with Personal Investments
Topic: Why paying off loans would be better than fully funding 401k?
Replies: 70
Views: 4763

Re: Why paying off loans would be better than fully funding 401k?

https://www.daveramsey.com/baby-steps

I agree with everything there. Except maybe the $1,000 emergency fund, which you can expand to $10,000.

Your kids can take out student loans for a year or two while you, the parents, sort out your mess. Or they can work if they can find a job.
by selters
Sat Feb 17, 2018 5:55 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 5574
Views: 1260594

Re: U.S. stocks in freefall

bligh wrote:
Wed Feb 14, 2018 4:38 pm
RRAAYY3 wrote:
Wed Feb 14, 2018 4:28 pm
Cheers to those who held... shots for those that bought more!
What about those of us who wanted to buy more, but hadn't kept any dry powder aside to do so. :)
You probably bought at a lower level than the bottom on 9 February, so you were better off either way. :)
by selters
Sat Feb 17, 2018 5:16 am
Forum: Investing - Help with Personal Investments
Topic: Investing vs paying off debt
Replies: 28
Views: 1433

Re: Investing vs paying off debt

TwstdSista wrote:
Fri Feb 16, 2018 5:26 pm
Those interest rates are low enough to focus on investing.
Should the OP finance the next time they buy furniture, a new computer or remodel their kitchen if they can get a sub 3-4% interest rate?
by selters
Thu Feb 15, 2018 4:49 am
Forum: Investing - Theory, News & General
Topic: In plain English, please explain what was VIX, what happened to it and why?
Replies: 68
Views: 5636

Re: In plain English, please explain what was VIX, what happened to it and why?

People call the VIX index the fear index or a measure of volatility for the S&P 500 index. But strictly speaking, it is an index that reflects the price of buying options on the S&P 500 index, isn't it?
by selters
Mon Feb 12, 2018 6:13 pm
Forum: Investing - Help with Personal Investments
Topic: Are REITs essentially taboo for years now with rising rates?
Replies: 55
Views: 5146

Re: Are REITs essentially taboo for years now with rising rates?

Remember that if a fund manager knows which parts (sectors, factors, whatever) of the market will underperform, then they can beat the market by investing in the total stock market minus the part of the market that will underperform. It is just as hard to lose against the market as it is beat the ma...
by selters
Fri Feb 09, 2018 3:37 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 5574
Views: 1260594

Re: U.S. stocks in freefall

Is there such thing as a triple bottom? Yup! https://www.investopedia.com/terms/t/triplebottom.asp But maybe we're forming a complex reverse head and shoulder bottom ( http://thepatternsite.com/chsb.html ). The fact that some internet site or book has been published about something does not mean th...
by selters
Fri Feb 09, 2018 8:15 am
Forum: Investing - Theory, News & General
Topic: Feeling good about the market's direction. Wish it would drop more...
Replies: 14
Views: 2248

Re: Feeling good about the market's direction. Wish it would drop more...

It may feel good to buy stocks now that the correction is officially here, but many people who have kept dry powder have kept it since the market was way lower than it is now, so these people would still have been better off if they bought stocks as soon as they got the money.
by selters
Fri Feb 09, 2018 5:53 am
Forum: Investing - Theory, News & General
Topic: S&P 1550
Replies: 11
Views: 1479

Re: S&P 1550

Remember that "retest" and "support level" are terms from the world of technical analysis. Many or most concepts within technical analysis has a very weak empirical basis and the use of them is discouraged by Bogleheads.
by selters
Fri Feb 09, 2018 2:48 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 5574
Views: 1260594

Re: U.S. stocks in freefall

Haven't you been paying attention in the past lew years? Valuations are outdated. Bogleheads know that valuations don't matter, ever. At least that's the impression I have been getting from reading Bogleheads.com in the last few years. No, Bogleheads know that valuations aren't actionable . I hope ...
by selters
Thu Feb 08, 2018 6:21 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 5574
Views: 1260594

Re: U.S. stocks in freefall

Marking the Top: “We are in this Goldilocks period right now. Inflation isn’t a problem. Growth is good, everything is pretty good with a big jolt of stimulation coming from changes in tax laws” “If you’re holding cash, you’re going to feel pretty stupid” ~ Ray Dalio BRKA/B has 20bil cash on hand. ...
by selters
Thu Feb 08, 2018 6:19 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 5574
Views: 1260594

Re: U.S. stocks in freefall

The market is over valued even today. A BH should aware of this and be value oriented. This is not market timing. https://www.cnbc.com/2018/01/23/markets-could-suddenly-turn-and-they-dont-even-need-a-trigger-nobel-winning-economist-shiller-says.html Haven't you been paying attention in the past lew...
by selters
Tue Feb 06, 2018 11:55 am
Forum: Investing - Theory, News & General
Topic: S&P 500 1/2 2695; 2/5 2648
Replies: 7
Views: 750

Re: S&P 500 1/2 2695; 2/5 2648

I figure if the market tanks for 5 years there will not be a safe haven asset class because the economy has gone bust. You mean like Emerging Markets did from 2011 to 2016? Or Japan from 1990 to today? If valuations are high enough, the market can spend years and years to get back to zero, even if ...
by selters
Mon Feb 05, 2018 5:25 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 5574
Views: 1260594

Re: U.S. stocks in freefall

People need to stop wishing for a crash. At least out loud. Even if YOU don't get hurt, many people will. I've been thinking the exact same thing when I've been reading this thread for the past week. EXACTLY. Some of us are literally on the verge of retirement. Others are IN retirement. People like...
by selters
Mon Feb 05, 2018 3:34 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 5574
Views: 1260594

Re: U.S. stocks in freefall

Today will be the worst day ever for the Dow Jones index: https://en.wikipedia.org/wiki/List_of_largest_daily_changes_in_the_Dow_Jones_Industrial_Average But is it a really bad day? Nope. Not the worst day ever for the Dow Jones index. By any stretch of imagination. Not in percentage terms. But in ...
by selters
Mon Feb 05, 2018 3:25 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 5574
Views: 1260594

Re: U.S. stocks in freefall

Today will be the worst day ever for the Dow Jones index: https://en.wikipedia.org/wiki/List_of_l ... al_Average

But is it a really bad day?
by selters
Mon Feb 05, 2018 9:41 am
Forum: Investing - Theory, News & General
Topic: Economist - “Factor investing” gains popularity
Replies: 22
Views: 2445

Re: Economist - “Factor investing” gains popularity

ETF inflows into factor funds are not that huge. About 1% of inflows if you include large growth/value and high dividend as factor investing. If you exclude them, about 0.2% of inflows go into factor ETFs. And of those 0.2%, half goes into minimum volatility ETFs. Small cap value, size, quality, mom...
by selters
Sun Feb 04, 2018 12:32 pm
Forum: Investing - Help with Personal Investments
Topic: There Is A Small Cap Value ETF For European Stocks
Replies: 4
Views: 373

Re: There Is A Small Cap Value ETF For European Stocks

As a European resident, I bought that ETF about 14 months ago. It had about €50-60 million AUM back then, so it's had some organic growth. Within Europe there is not much dividend tax leakage, so I wouldn't worry about. The lack of dividend tax leakage within the EU/EEC is the reason why you find th...
by selters
Sat Feb 03, 2018 5:22 pm
Forum: Investing - Help with Personal Investments
Topic: John Bogle and Japanese Stock market.
Replies: 33
Views: 3009

Re: John Bogle and Japanese Stock market.

The Japanese stock market has a 220% return since its low in 2003. Also, it has a 160% return since its lowest point in 2009. It's hasn't been great but not too bad since then. But if you measure its performance since the top of the mother of all bubbles, it's been very bad, worse than cash in the m...
by selters
Sat Feb 03, 2018 6:55 am
Forum: Investing - Help with Personal Investments
Topic: I have an overwhelming gift I'm in need of help of please.
Replies: 89
Views: 7861

Re: I have an overwhelming gift I'm in need of help of please.

Pay off your house and be done with the issues. Never a bad decision. A bad decision if the value of the house tanks, or they lose one or both jobs, go on disability, etc. and need a substantial emergency fund. So no one should pay off a mortgage without the mother of all e-funds? If the house is p...
by selters
Fri Feb 02, 2018 10:41 am
Forum: Investing - Theory, News & General
Topic: Are we in an index fund bubble? Bill Ackman thinks we are.
Replies: 45
Views: 3982

Re: Are we in an index fund bubble? Bill Ackman thinks we are.

Is the Boglehead consensus that no amount of inflows into total stock market index funds can move the total stock market? Or that no amount of inflows into S&P 500 index funds can move the S&P 500 index?
by selters
Fri Feb 02, 2018 7:53 am
Forum: Forum Issues and Administration
Topic: Fewer acronyms please
Replies: 91
Views: 5147

Re: Fewer acronyms please

This one of the most off-putting things about many internet communities. Very little does more to deter new members from the community than the wall of abbreviations and acronyms they meet when they join the forum. And before they can make any sense of the posts, they have to decipher literally hund...
by selters
Thu Feb 01, 2018 7:15 pm
Forum: Investing - Help with Personal Investments
Topic: What advice would you give yourself if you were 27 again?
Replies: 120
Views: 7559

Re: What advice would you give yourself if you were 27 again?

Don't buy too much car. Go for reasonably safe and reliable cars at low prices. If you really want to drive a nice car every now and then, rent one for a few days. The serotonin rush will peter out pretty quickly. Only buy homes you want to live in for at least five years. Preferably more than that,...
by selters
Thu Feb 01, 2018 6:16 pm
Forum: Investing - Help with Personal Investments
Topic: I have an overwhelming gift I'm in need of help of please.
Replies: 89
Views: 7861

Re: I have an overwhelming gift I'm in need of help of please.

I'd pay off your house with it and put the rest in an emergency fund. Hope this helps, Peter I love this suggestion! I hate this suggestion. Knowing you can pay off your house is powerful. Actually doing it subjects you to a possible cash crunch in an emergency. What if you can't get a favorable lo...
by selters
Thu Feb 01, 2018 6:57 am
Forum: Investing - Help with Personal Investments
Topic: EDITED: Help Replicating Vanguard with Limited Fund Selection
Replies: 15
Views: 796

Re: Help Replicating Vanguard with Limited Fund Selection

Seems like you have to go the ETF route, because there aren't any index funds in that list.
by selters
Wed Jan 31, 2018 9:35 pm
Forum: Investing - Help with Personal Investments
Topic: I have an overwhelming gift I'm in need of help of please.
Replies: 89
Views: 7861

Re: I have an overwhelming gift I'm in need of help of please.

peterwantstosave wrote:
Wed Jan 31, 2018 9:11 pm
I'd pay off your house with it and put the rest in an emergency fund.

Hope this helps, Peter
I love this suggestion!
by selters
Tue Jan 30, 2018 5:49 am
Forum: Investing - Help with Personal Investments
Topic: Here's my net worth....I max everything out.....now what?
Replies: 64
Views: 11432

Re: Here's my net worth....I max everything out.....now what?

Pay off the house and the rental and see if you like being debt free. If you don't like it, you can take out a new mortgage. But most people who become debt free enjoy being debt free so much that they never go back. At least that's what I've read. :)
by selters
Sun Jan 28, 2018 7:58 am
Forum: Personal Finance (Not Investing)
Topic: I don't think my lady is very good at saving money, how do I handle?
Replies: 50
Views: 3873

Re: I don't think my lady is very good at saving money, how do I handle?

Is your net worth going up at a decent pace month to month, year to year? Or if the stock market and housing market are going down, would your net worth have gone up if the markets weren't going down? If yes, then you can spend whatever is left after savings.
by selters
Sat Jan 27, 2018 6:39 pm
Forum: Investing - Help with Personal Investments
Topic: [EU] Help needed with European Bonds ETFs
Replies: 19
Views: 976

Re: [EU] Help needed with European Bonds ETFs

I don't know if I would bother with a European Bond ETF if my bond allocation was less than €100,000. I would just use a savings account. Even in Cyprus in 2013, depositors with less than €100,000 got to keep all their money.
by selters
Thu Jan 25, 2018 10:16 am
Forum: Investing - Theory, News & General
Topic: Malkiel -Investing In Overpriced World WSJ
Replies: 20
Views: 2941

Re: Malkiel -Investing In Overpriced World WSJ

I’ve never heard or read that Bogle recommends international. To the best of my knowledge he always says if you have to no more than 20 percent international. And he adds that he would not do it. Am I wrong in what Bogle says? No, you're right. But you don't have to do what Bogle says to be a Bogle...
by selters
Thu Jan 25, 2018 9:10 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 5574
Views: 1260594

Re: U.S. stocks in freefall

Please delete this post.
by selters
Thu Jan 25, 2018 6:42 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 5574
Views: 1260594

Re: U.S. stocks in freefall

Shiller showed an overpriced market in 1996, yet there has never been a better time to buy since then. Stick with your plan. Strictly speaking that's not correct. Ignoring taxes, you would be ahead if you sold in 1996, bought bonds and then bought back in in March 2009. But I'm not saying there was...
by selters
Mon Jan 22, 2018 3:44 am
Forum: Investing - Theory, News & General
Topic: Automated Tax Loss Harvesting by Robo Advisor - Anyone with real results?
Replies: 40
Views: 3388

Re: Automated Tax Loss Harvesting by Robo Advisor - Anyone with real results?

By the way. Would the $3k/year on you taxes be worth the 6% drag on your portfolio by being in cash? Yea, 6% cash sounds a bit too much. In fact, Robo portfolio should not hold cash at all. This sounds overblown to me. Isn't the 6% cash holding only a problem for investors who want to be 100% stock...
by selters
Sun Jan 21, 2018 12:07 pm
Forum: Investing - Help with Personal Investments
Topic: Taxation for resident of Lithuania: US domiciled vs Irish domiciled ETFs - LTU has tax treaty with both
Replies: 36
Views: 2837

Re: Taxation for resident of Lithuania: US domiciled vs Irish domiciled ETFs - LTU has tax treaty with both

Bottom line conclusion. If you're not "USA person" it's better to use Ireland domiciled ETFs always. Since "KISS is bliss" the best equity ETF for USA-NRAs = VWRD or VWRL. If you want a one fund solution, then you are probably right, but why not do VTI plus three cheap Ireland domiciled ETFs for Eu...
by selters
Fri Jan 19, 2018 3:41 pm
Forum: Investing - Theory, News & General
Topic: Vanguard US Investment Options Minus Top 10?
Replies: 20
Views: 1396

Re: Vanguard US Investment Options Minus Top 10?

badbreath wrote:
Thu Jan 18, 2018 7:59 pm
buy Mid Cap and Small cap funds
That's probably the most cost effective way of doing it. If you buy Vanguard Mid Cap and Vanguard Small Cap, you don't own total stock market minus 10, but more like total stock market minus 200, but that should be very close in performance.
by selters
Fri Jan 19, 2018 3:00 pm
Forum: Investing - Theory, News & General
Topic: Vanguard US Investment Options Minus Top 10?
Replies: 20
Views: 1396

Re: Vanguard US Investment Options Minus Top 10?

Buy total stock market and short those stocks? Is that really a good suggestion, even we if accept the premise that total stock market minus top 10 will outperform the top 10 significantly over the next 1, 3, 5, 10, 20 years? There's a huge difference between expecting one group of stocks to underp...
by selters
Thu Jan 18, 2018 4:07 am
Forum: Personal Consumer Issues
Topic: Trying to downsize but still too much stuff
Replies: 59
Views: 5862

Re: Trying to downsize but still too much stuff

.I got rid of my "priceless" CD collection years ago, uploaded to Google music. Can this get you into some legal trouble? I mean storing music in the cloud. Do you have to prove that you once owned those CDs? Or isn't even that good enough? If not legal trouble for you, do you risk that any of the ...
by selters
Thu Jan 18, 2018 3:46 am
Forum: Personal Consumer Issues
Topic: Trying to downsize but still too much stuff
Replies: 59
Views: 5862

Re: Trying to downsize but still too much stuff

Taking pictures of stuff and storing them digitally before throwing them away makes it easier to throw them away to me. That way you can still show them to children/grandchildren or look at them if you want to. Most of the time you won't even do that, but at least you have the possibility. And the p...
by selters
Mon Jan 15, 2018 7:47 am
Forum: Personal Consumer Issues
Topic: What is the best home exercise equipment?
Replies: 143
Views: 12687

Re: What is the best home exercise equipment?

Never buy any budget or even mid-range treadmills, rowers, spin bikes or ellipticals, especially not if you are over 200 lbs. Concept 2 is the only game in town for rowers. Premium treadmills or ellipticals from Cybex or Precor are generally only meant for commercial gyms, but anything else is usele...
by selters
Sat Jan 13, 2018 7:36 pm
Forum: Investing - Theory, News & General
Topic: Skating where the puck was; e.g., commodities. Factors next?
Replies: 35
Views: 2544

Re: Skating where the puck was; e.g., commodities. Factors next?

The iShares MSCI Diversified Multiple Factor ETFs outperformed cap weighted ETFs in developed markets ex US and in emerging markets in the last 1 and 3 years. This applies both to small caps and large caps. In the US, small caps have outperformed in the last 3 years, but not in the last 1 years. For...
by selters
Mon Jan 08, 2018 5:21 am
Forum: Investing - Theory, News & General
Topic: Memo to those who have won the game: it's time to quit playing
Replies: 210
Views: 18171

Re: Memo to those who have won the game: it's time to quit playing

OP seems to be mixing together two separate concepts: — Market timing ("With CAPE at the second highest level in history and the U.S. stock market acting bubblicious these days") — An older investor's AA as determined by his or her IPS I think a responsible older investor would already be reducing ...
by selters
Sun Jan 07, 2018 4:17 pm
Forum: Investing - Help with Personal Investments
Topic: 25 Year Old - Need help with picking 401k funds
Replies: 15
Views: 1028

Re: 25 Year Old - Need help with picking 401k funds

I'm reading about the allocations on the wiki and its honestly is just hard to understand. I will try to read it a couple of times. Thanks! You could do a lot worse than the target retirement date fund that's been chosen for you. You don't really need to change anything in the near future. You can ...
by selters
Sat Jan 06, 2018 3:48 pm
Forum: Investing - Theory, News & General
Topic: How Many Stocks Are Really Needed in Index Funds?
Replies: 52
Views: 3168

Re: How Many Stocks Are Really Needed in Index Funds?

The "equal-weighted" ETF actually weights some stocks more than 15 times as much as others. How come? It is not unthinkable that the worst performing small cap stocks will have fallen 80% and the best performing stocks will have risen 200% over the course of, say, one year. If the fund is rebalance...
by selters
Sat Jan 06, 2018 1:51 pm
Forum: Investing - Theory, News & General
Topic: Huge difference in holdings between Vanguard Mid Cap ETF and iShares S&P 400 Mid Cap ETF
Replies: 3
Views: 354

Huge difference in holdings between Vanguard Mid Cap ETF and iShares S&P 400 Mid Cap ETF

Since I live in Europe and the new Mifid 2 rules may prohibit European investors from purchasing (but not holding) US listed ETFs in the future I wanted to buy some iShares S&P 400 ETF (IJH) yesterday, before the doors close for European investors, but because of some problems with my broker, the or...
by selters
Tue Jan 02, 2018 5:04 pm
Forum: Investing - Theory, News & General
Topic: REGISTRATION FOR 2018 BOGLEHEAD CONTEST
Replies: 144
Views: 8730

Re: REGISTRATION FOR 2018 BOGLEHEAD CONTEST

3551.09 (I've used the link as well)

A wild guess, but late stage bull markets tend to provide the highest gains.
by selters
Fri Dec 29, 2017 4:54 pm
Forum: Investing - Theory, News & General
Topic: Quarter end last minute sell-off again! How to leverage as much as possible next time?
Replies: 7
Views: 1231

Quarter end last minute sell-off again! How to leverage as much as possible next time?

I was actually considering putting some play money into a 15x leveraged s&p 500 bear product 10 minutes before the close of today's trading day. But I didn't... On the last day of each quarter in the last couple of years, there's been a sharp sell-off in the S&P 500 in the last few minutes of the tr...
by selters
Thu Dec 28, 2017 3:12 pm
Forum: Investing - Theory, News & General
Topic: Jack Bogle and Vanguard’s $5,000,000,000,000 Question - Philadelphia Magazine
Replies: 41
Views: 6318

Re: Jack Bogle and Vanguard’s $5,000,000,000,000 Question - Philadelphia Magazine

I've raised the same question before, but not many Bogleheads agree when I say that there is a limit to how big Vanguard can become before some systemic problems might arise. If Vanguard continues to grow like they have in since the financial crisis, Vanguard will own 20-30% of all shares in all US ...
by selters
Mon Dec 25, 2017 5:16 am
Forum: Personal Consumer Issues
Topic: Samsung J3 or J7
Replies: 21
Views: 1459

Re: Samsung J3 or J7

iPhone SE has the iPhone 6 hardware in an iPhone 5 shell. Even if you only do simple stuff on your phone, the phone still has to run the operating system. The iPhone SE is probably a better buy than an iPhone 5/5S.
by selters
Thu Dec 07, 2017 8:36 am
Forum: Investing - Theory, News & General
Topic: Which crash have you seen it before it is coming?
Replies: 134
Views: 10293

Re: Which crash have you seen it before it is coming?

I'm seeing the bitcoin crash coming.