Search found 328 matches

by carofe
Thu May 24, 2018 8:06 pm
Forum: Personal Finance (Not Investing)
Topic: I've never budgeted sucessfully
Replies: 59
Views: 5198

Re: I've never budgeted sucessfully

Literal cash in envelopes seems old fashioned and low tech but it is easy and it does tell you when you are out of money and after moving money between envelopes for a few months you know where it is going. This. If tracking is a problem, nothing like the envelope system for budgeting, no tracking ...
by carofe
Wed May 16, 2018 6:20 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Value Premium Lives!
Replies: 39
Views: 3219

Re: Larry Swedroe: Value Premium Lives!

I'm most likely to stick to the plan with SP500 or Total Stock Market than with slice and dice to tilt to small value and see it underperform for long periods of time. I already tried it and I found it too complex to put my trust in it. I think being able to stick to the plan and low cost, low fund ...
by carofe
Mon May 14, 2018 1:16 pm
Forum: Local Chapters and Bogleheads Community
Topic: Arizona Chapter
Replies: 53
Views: 5255

Re: Arizona Chapter

I won't be able to make it after all this Thrusday. I have a family event going on. But please keep me in the loop. I would like to attend future events. Thanks.
by carofe
Mon May 14, 2018 11:48 am
Forum: Forum Issues and Administration
Topic: The front page is ugly
Replies: 140
Views: 12946

Re: The front page is ugly

I see that the front page is pretty much a copy of the craigslist design. I suggest some modification: * Something to visually aid the user in distinguishing better between posts items, e.g. a fine gray line between posts items + more spacing between them. * Tiny bit larger font size to fill out mor...
by carofe
Tue May 08, 2018 6:08 pm
Forum: Investing - Theory, News & General
Topic: Why International again?
Replies: 224
Views: 23121

Re: Why International again?

Also, take into account that the Efficient Frontier is "over this period". The EF graph can change depending on the period. In fact, there have been cases where the "recommended" allocation according to EF didn't go that well in the following period. Jack Bogle has a good analysis about EF in his Co...
by carofe
Thu May 03, 2018 10:00 pm
Forum: Investing - Theory, News & General
Topic: Why International again?
Replies: 224
Views: 23121

Re: Why International again?

Over the long term, the return of the US and International has been sort of the same but international has more volatility because of currency. It means long periods of underperformance and long periods of outperformance. If the return is similar, why adding the currency risk? The analogy with the M...
by carofe
Thu May 03, 2018 9:52 pm
Forum: Local Chapters and Bogleheads Community
Topic: Arizona Chapter
Replies: 53
Views: 5255

Re: Arizona Chapter

Thursday it is a little bit harder for me because of work and coming from Tucson, but I’ll definitely try to go.
by carofe
Thu May 03, 2018 6:12 pm
Forum: Investing - Help with Personal Investments
Topic: Allocation to combine Dave Ramsey and Vanguard?
Replies: 79
Views: 7611

Re: Allocation to combine Dave Ramsey and Vanguard?

Hi guys! Looking for thoughts on the following asset allocation? Dave Ramsey recommends staying aggressive not just when young but even through retirement. His split is an even 25% for Growth and Income, Growth, Aggressive Growth, and International. I've heard this described as Large, Mid, Small, I...
by carofe
Thu May 03, 2018 3:28 pm
Forum: Investing - Help with Personal Investments
Topic: Allocation to combine Dave Ramsey and Vanguard?
Replies: 79
Views: 7611

Re: Allocation to combine Dave Ramsey and Vanguard?

Hi guys! Looking for thoughts on the following asset allocation? Dave Ramsey recommends staying aggressive not just when young but even through retirement. His split is an even 25% for Growth and Income, Growth, Aggressive Growth, and International. I've heard this described as Large, Mid, Small, I...
by carofe
Mon Apr 30, 2018 3:38 pm
Forum: Investing - Theory, News & General
Topic: Dilbert Creator: If everyone indexed...
Replies: 39
Views: 7135

Re: Dilbert Creator: If everyone indexed...

Interesting article, however, there is always going to be people wanting "more", or afraid of "extremely simple" ideas. There is always going to be people wanting to risk it with active management or at least mix index funds with active funds because they think all index is too radical. The "if ever...
by carofe
Thu Apr 26, 2018 4:54 pm
Forum: Investing - Theory, News & General
Topic: Unprecedented Event
Replies: 67
Views: 9572

Re: Unprecedented Event

In worst case scenario, of economic disasters, or totalitarian/authoritarian gov't taking over, or war; if you are lucky enough to not being killed in the process, what you usually get to keep is the house you live in. Even, in communist regimes, they take away all your investments, businesses, and...
by carofe
Thu Apr 26, 2018 2:18 pm
Forum: Investing - Theory, News & General
Topic: Unprecedented Event
Replies: 67
Views: 9572

Re: Unprecedented Event

In worst case scenario, of economic disasters, or totalitarian/authoritarian gov't taking over, or war; if you are lucky enough to not being killed in the process, what you usually get to keep is the house you live in. Even, in communist regimes, they take away all your investments, businesses, and ...
by carofe
Thu Apr 26, 2018 12:28 pm
Forum: Investing - Theory, News & General
Topic: Unprecedented Event
Replies: 67
Views: 9572

Re: Unprecedented Event

Humans go free enterprise and investing because we have a reasonable expectation that your enterprise will succeeds, that is, optimism founded on the good understanding of what you are getting into and probability of winning. If you are starting an enterprise (or investing and letting somebody else ...
by carofe
Thu Apr 12, 2018 10:16 pm
Forum: Local Chapters and Bogleheads Community
Topic: Arizona Chapter
Replies: 53
Views: 5255

Re: Arizona Chapter

I live in Tucson, I can meet in Phoenix
by carofe
Thu Apr 12, 2018 3:35 pm
Forum: Local Chapters and Bogleheads Community
Topic: Too much Bogleheads.org?
Replies: 90
Views: 14036

Re: Too much Bogleheads.org?

A successful index fund investor goes through four phases: 1) Darkness - takes advice from everyone; 2) Enlightenment - realizes a market return is superior to their return; 3) Complexity - overdoing everything to find optimal; 4) Simplicity - invests in a few total market funds Dear OP, You’re in ...
by carofe
Thu Apr 12, 2018 3:29 pm
Forum: Local Chapters and Bogleheads Community
Topic: Arizona Chapter
Replies: 53
Views: 5255

Re: Arizona Chapter

Me too.
by carofe
Thu Apr 12, 2018 12:01 pm
Forum: Investing - Theory, News & General
Topic: Why are expected returns so much lower than historical returns?
Replies: 158
Views: 11351

Re: Why are expected returns so much lower than historical returns?

https://www.bogleheads.org/wiki/Historical_and_expected_returns Beginner here trying to figure out how much I need for retirement and I'm confused. Historical real returns are something like 7% on equities and 2.5% on bonds and yet everybody seems to expect closer to 2-4% real on equities and 0-2% ...
by carofe
Wed Apr 11, 2018 9:20 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 6752
Views: 1467475

Re: U.S. stocks in freefall

I read recently in the WSJ that people were overdoing it when purchasing houses with at least 10% of them going over 45% debt-to-income ratio. Living on the edge with the mortgage. Now I got today in the Moneybeat magazine that the oil price is going up, expecting a $80 a barrel by the end of the ye...
by carofe
Tue Apr 10, 2018 2:40 pm
Forum: Investing - Theory, News & General
Topic: Swedroe: Look Beyond 60/40 Portfolio
Replies: 237
Views: 17210

Re: Larry Swedroe: Look Beyond 60/40 Portfolio

People are taking on more investment risk to compensate for their lack of savings, which is not prudent. The brutal reality is that people need to save and contribute more to their investment portfolios. 60/40 is a reasonable and rational fixed, long term allocation, balancing risk and reward, desp...
by carofe
Fri Mar 30, 2018 2:44 pm
Forum: Investing - Theory, News & General
Topic: Vanguard in the WSJ today
Replies: 57
Views: 8267

Re: Vanguard in the WSJ today

After reading this article I decided to put all my accounts at Vanguard on Personal Capital to detect anomalies on this third party tool.
by carofe
Thu Mar 22, 2018 2:27 pm
Forum: Investing - Help with Personal Investments
Topic: If you knew a recession was coming, what would you do?
Replies: 57
Views: 7229

Re: If you knew a recession was coming, what would you do?

midareff wrote:
Tue Mar 20, 2018 6:39 pm
I'd do a Warren and get ready to get greedy.
^ This :greedy
by carofe
Wed Mar 21, 2018 8:26 am
Forum: Personal Consumer Issues
Topic: We made the right decision to not purchase a home now, right?
Replies: 47
Views: 4289

Re: We made the right decision to not purchase a home now, right?

Some wise man regarding marriage and money usually says that you shouldn’t buy a house until after two years of marriage, at least.
I don’t think you guys are ready to buy a house yet.
by carofe
Tue Mar 13, 2018 1:27 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Total Stock Market Index Fund Unobservable Inputs
Replies: 6
Views: 804

Re: Vanguard Total Stock Market Index Fund Unobservable Inputs

Hi LTann,
Welcome to the forum. The Index Fund is successfully tracking the underlying index, so there must be an explanation for the Unobservable Inputs. I'm curious what that means too.
by carofe
Sun Mar 11, 2018 9:52 am
Forum: Personal Finance (Not Investing)
Topic: Something weird this day came
Replies: 22
Views: 2886

Re: Something weird this day came

Teague wrote:
Sun Mar 11, 2018 9:41 am
This envelope was sent from the future.

That man who looks vaguely familiar? It's you! :shock:
This answer just made my morning, LOL
by carofe
Wed Feb 28, 2018 11:42 am
Forum: Personal Finance (Not Investing)
Topic: Thoughts on Credit Cards?? [Credit card vs. debit card]
Replies: 108
Views: 5463

Re: Thoughts on Credit Cards??

I wonder how much of the studies that suggest people pay more when paying with credit are correlation, not causation. For example, I rarely carry more than $20. If I go to the grocery store and buy 1 simple thing, I pay cash since I have it on me. If I buy a week's worth of food I pay with a credit...
by carofe
Mon Feb 26, 2018 3:08 pm
Forum: Personal Finance (Not Investing)
Topic: Thoughts on Credit Cards?? [Credit card vs. debit card]
Replies: 108
Views: 5463

Re: Thoughts on Credit Cards??

People would need to be pretty stupid not to figure out the study. My recollection of the study I looked at was it wasn't even natural. It was artifical purchase scenarios. Yeah, I read the study too. It was all artificial purchase scenarios. I also read some studies done in Australia and they didn...
by carofe
Sat Feb 10, 2018 7:30 am
Forum: Personal Finance (Not Investing)
Topic: [US Budget deal Revives Expired Individual Tax Breaks for 2017]
Replies: 25
Views: 3486

Re: In a hurry to file, Senate drops stink bomb

... and then you have the security experts telling you that the best way to avoid Identity Theft on tax filing is by filing as early as you can.
by carofe
Sat Feb 10, 2018 7:20 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 6752
Views: 1467475

Re: U.S. stocks in freefall

...Whether this is "just a correction" or whatever it is, a level of comfort has returned finally seeing some volatility... Granted we have seen an actual fall of 10% off the highs, but this volatility, especially in the intra-day and overnight makes me wonder how much of it might be explained by f...
by carofe
Thu Feb 01, 2018 9:34 am
Forum: Investing - Theory, News & General
Topic: Wow: Shiller PE is 34.52
Replies: 52
Views: 6943

Re: Wow: Shiller PE is 34.52

I have been watching that website for a while. Too High P/E tells me that it may be good to do small tactical allocation. 4 months ago I increase my bond allocation +10%, and I'm re-balancing every time my stock allocation drift is 2-3%. High Shiller P/E just tells me that the next decade total retu...
by carofe
Fri Dec 08, 2017 5:11 pm
Forum: Investing - Theory, News & General
Topic: "Financial Shock" wealth
Replies: 33
Views: 6750

Re: "Financial Shock" wealth

fantasytensai wrote:
Fri Dec 08, 2017 4:47 pm
Thought this article was intriguing until it got political. Immediately lost all appetite for information.
Yup, and I see lots of complicated "smart" sentences and over-simplification of the cause of wealth or shocks.
by carofe
Fri Dec 08, 2017 5:01 pm
Forum: Investing - Theory, News & General
Topic: "Financial Shock" wealth
Replies: 33
Views: 6750

Re: "Financial Shock" wealth

It reminded me something that I heard once: most credit card debts in USA are coming from Car Repairs and Hospital Bills.
by carofe
Sun Nov 05, 2017 11:49 pm
Forum: Personal Finance (Not Investing)
Topic: Morningstar: Cognitive decline in aging. A strong case for portfolio simplification?
Replies: 98
Views: 9469

Re: Morningstar: Cognitive decline in aging. A strong case for portfolio simplification?

Hmm, I'm only 35, and 5 years ago I had like six funds, now I only have two. I have learned to really appreciate and listen to Mr Bogle wisdom and thrive with simplicity. Simplicity helps to keep focus and contributes to the success of your financial plans in all seasons.
by carofe
Sat Oct 28, 2017 5:28 pm
Forum: Personal Finance (Not Investing)
Topic: Anti virus protection
Replies: 35
Views: 4677

Re: Anti virus protection

Someone mentioned Malwarebytes. Did any of you recently have a problem with it? I liked it and used it for years. But last week it asked me to download an update, and then it erased itself. After it rebooted it tried to do the same thing again, so I looked, and yes, it was gone from my installed pr...
by carofe
Tue Oct 24, 2017 10:57 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 6752
Views: 1467475

Re: U.S. stocks in freefall

PFInterest wrote:
Tue Oct 24, 2017 9:39 pm
has anyone read this thread from start to finish?
Lol I hope not
by carofe
Tue Oct 24, 2017 10:24 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 6752
Views: 1467475

Re: U.S. stocks in freefall

I wonder if the correction we all have been waiting to happen already happened in 2015 but much more smoother than we expected.
by carofe
Tue Oct 24, 2017 9:41 am
Forum: Personal Consumer Issues
Topic: Converting to Safety Razors
Replies: 116
Views: 13360

Re: Converting to Safety Razors

no need for a shaving brush made from extinct or endangered animals! Pretty much all the badger hair we get in the brushes nowadays is coming from China, where badger are almost in "plague" levels. Farmers are allowed there to hunt them. However, most of the hair production comes from farmed badger...
by carofe
Mon Oct 23, 2017 11:56 pm
Forum: Personal Consumer Issues
Topic: Password Protection
Replies: 83
Views: 7751

Re: Password Protection

I have been using Dashlane for a year now. It works great on all devices. It encrypts everything locally, their servers only have the encrypted version of my passwords. I used to use KeePass but I wanted to use a Password Manager with good support, easy to use and intuitive so I could get my wife to...
by carofe
Mon Oct 23, 2017 11:45 pm
Forum: Personal Finance (Not Investing)
Topic: Heading to ER, surprise bills [update: home again]
Replies: 44
Views: 6352

Re: Urgent! Heading to ER, surprise bills

Being in the hospital several times for the last two years, my recommendation is that you request to the hospital that you want to be seen by in-network providers only. Sometimes the hospital assign to you an out-of-network provider without your knowledge and you may end up with pretty big bills. Th...
by carofe
Mon Oct 23, 2017 7:51 pm
Forum: Personal Consumer Issues
Topic: Converting to Safety Razors
Replies: 116
Views: 13360

Re: Converting to Safety Razors

In fact, in the business world they call it the "Gillette razor and blades model", "Give 'em the razor; sell 'em the blades". Actually, the safety razor and blade business was the source of this aphorism. Gillette sold the razors at a loss to get people started with his at the time new fangled blad...
by carofe
Mon Oct 23, 2017 2:58 pm
Forum: Personal Consumer Issues
Topic: Converting to Safety Razors
Replies: 116
Views: 13360

Re: Converting to Safety Razors

It also depends a lot on how frequently you shave and the kind of beard you have. So really when you see that a blade lasts somebody that long you can’t really compare to yourself and think you will be able to get the same result. I have a Southern European beard, very thick. The blades won’t last a...
by carofe
Mon Oct 23, 2017 10:21 am
Forum: Investing - Theory, News & General
Topic: Why do I need bonds? (I'm 30)
Replies: 70
Views: 8409

Re: Why do I need bonds? (I'm 30)

I wouldn't definitely tell my kids to go 100% stocks, ever. I would tell them to go 70/30 or even 60/40 until they are more knowledgable and they experience their first drop in the market. Then, and after then, I would recommend them to adjust to their needs. I can't count how many people around me ...
by carofe
Mon Oct 23, 2017 10:08 am
Forum: Personal Consumer Issues
Topic: Converting to Safety Razors
Replies: 116
Views: 13360

Re: Converting to Safety Razors

Just read an article over at Art of Manliness http://www.artofmanliness.com/2008/01/04/how-to-shave-like-your-grandpa/ and decided to take the plunge. I was mostly moved by the cost effectiveness of spending pennies per blade. The mach 3 and replacement cartriges were too much of a luxury. I used t...
by carofe
Sat Oct 21, 2017 8:33 pm
Forum: Investing - Help with Personal Investments
Topic: Link to Peter Bernstein the 60/40 solution full article
Replies: 8
Views: 1250

Re: Link to Peter Bernstein the 60/40 solution full article

Silk McCue wrote:
Sat Oct 21, 2017 7:54 pm
The link only displays the first page on my iPad. On my windows PC it actually downloads the document and I can then open it and find all the pages.
Yup, that was what happened. My iPad only displayed the first page. On my Mac laptop I can download the whole article.

Thank you all.
by carofe
Sat Oct 21, 2017 7:40 pm
Forum: Investing - Help with Personal Investments
Topic: Link to Peter Bernstein the 60/40 solution full article
Replies: 8
Views: 1250

Re: Link to Peter Bernstein the 60/40 solution full article

Taylor Larimore wrote:
Sat Oct 21, 2017 7:25 pm
carofe:

Here is the link. It is a wonderful article!

http://web.archive.org/web/200612140619 ... in6040.pdf

Best wishes.
Taylor
Taylor thank you for the link. Unfortunately, that link only has the first page of the article.
by carofe
Sat Oct 21, 2017 7:20 pm
Forum: Investing - Help with Personal Investments
Topic: Link to Peter Bernstein the 60/40 solution full article
Replies: 8
Views: 1250

Link to Peter Bernstein the 60/40 solution full article

Hi,
All links I find in this forum and in google to the web archive version of the article has only the first page of the pdf. I wonder if somebody has a full copy of the article in their computer and wouldn’t mind sharing it :). I would love to read it. Thank you.
by carofe
Sat Oct 21, 2017 5:36 pm
Forum: Investing - Theory, News & General
Topic: Why do I need bonds? (I'm 30)
Replies: 70
Views: 8409

Re: Why do I need bonds? (I'm 30)

You may not need bonds, but wouldn't you want them after reviewing ##3 and 5 here: http://www.schwab.com/public/schwab/investing/why_choose_schwab/investing_principles ? That’s another excellent point. A balanced portfolio can perform better overall than all stock portfolio in a given period that w...
by carofe
Sat Oct 21, 2017 11:12 am
Forum: Investing - Theory, News & General
Topic: Shiller: the 1987 stock market panic can happen again
Replies: 29
Views: 3367

Re: Shiller: the 1987 stock market panic can happen again

Mr. Market, please, please, crash!! We are all being waiting for it, talking about it, anxious about it, gambling about the date, creating thread about it every other day. Crash!!
by carofe
Sat Oct 21, 2017 9:02 am
Forum: Investing - Theory, News & General
Topic: Why do I need bonds? (I'm 30)
Replies: 70
Views: 8409

Re: Why do I need bonds? (I'm 30)

Liquidity in the bad times. Having Cash in the bad times has two benefits: it keeps your food on the table, and it gives you the opportunity of your lifetime to buy assets (stock, real estate) at a extremely low price.