Search found 146 matches

by ZumZabo
Tue Mar 12, 2019 9:26 am
Forum: Investing - Theory, News & General
Topic: My name is _____, & I am a MARKET TIMER.
Replies: 109
Views: 8242

Re: My name is _____, & I am a MARKET TIMER.

My name is ____, & I am a MARKET TIMER. I know that market timing is futile, but I keep sliding back into in. The word "but" is a red flag. When someone uses this, the part that comes after the "but" negates the part before the "but". So you don't really know that market timing is futile. Because i...
by ZumZabo
Tue Mar 12, 2019 9:18 am
Forum: Investing - Theory, News & General
Topic: My name is _____, & I am a MARKET TIMER.
Replies: 109
Views: 8242

Re: My name is _____, & I am a MARKET TIMER.

i guess the AA group would be bogleheads for the most part (with livesoft as the exception) who will tell you market timing for most people fails over time. As to a cure? Experience is generally the best teacher. If you're using an AA theme here then you'd have to hit rock bottom before you could a...
by ZumZabo
Wed Jan 23, 2019 9:58 am
Forum: Personal Consumer Issues
Topic: Button Down Shirts / Travel Pants / Light Jacket? Other Tips from experienced Boglehead world travelers?
Replies: 179
Views: 15486

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

much deleted ... I would say you are over thinking it a bit with all due respect and the last I heard Nike was very big internationally. With respect to the last point, yes indeed it is. Not many years ago we were briefly in a large German city (haven't spent any real time in Germany). We walked to...
by ZumZabo
Wed Jan 23, 2019 9:35 am
Forum: Personal Consumer Issues
Topic: Button Down Shirts / Travel Pants / Light Jacket? Other Tips from experienced Boglehead world travelers?
Replies: 179
Views: 15486

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

Due to health, I have not travelled in several years. Recently upgraded my passport, TSA Precheck, Travel ID, etc. ("newbie" ready to ride/fly). Now packing for an upcoming trip, I've found that my assortment of travel pants have "shrunk" in storage. (that must be it) :shock: Thus, I am on the hunt...
by ZumZabo
Wed Jan 23, 2019 9:25 am
Forum: Personal Consumer Issues
Topic: Button Down Shirts / Travel Pants / Light Jacket? Other Tips from experienced Boglehead world travelers?
Replies: 179
Views: 15486

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

Americans walk like they own the sidewalk. I think this is not so much an American characteristic; it's more the behavior of people who are not used to crowded cities. Just don't walk around like there's nobody else there. Have you ever been walking in the afternoon on a Sunday in an urban European...
by ZumZabo
Wed Jan 23, 2019 8:27 am
Forum: Personal Consumer Issues
Topic: Button Down Shirts / Travel Pants / Light Jacket? Other Tips from experienced Boglehead world travelers?
Replies: 179
Views: 15486

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

+1 on Jos. Bank worth a look. They have a new Traveler Tech line in both traditional and trim fits. Can be worn with a sport coat, travel khakis or jeans. Thank you for that. I wasn’t aware of the new Traveler Tech line. I will check it out. Haven’t been in the store for a long time because the pro...
by ZumZabo
Wed Jan 23, 2019 7:45 am
Forum: Personal Consumer Issues
Topic: Button Down Shirts / Travel Pants / Light Jacket? Other Tips from experienced Boglehead world travelers?
Replies: 179
Views: 15486

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

Due to health, I have not travelled in several years. Recently upgraded my passport, TSA Precheck, Travel ID, etc. ("newbie" ready to ride/fly). Now packing for an upcoming trip, I've found that my assortment of travel pants have "shrunk" in storage. (that must be it) :shock: Thus, I am on the hunt...
by ZumZabo
Fri Jan 18, 2019 7:02 am
Forum: Investing - Theory, News & General
Topic: Tributes to Jack Bogle
Replies: 204
Views: 25351

Re: Tributes to Jack Bogle

If the investing world had a Mount Rushmore, Mr. Bogle would be front and center.
by ZumZabo
Wed Jan 16, 2019 11:48 pm
Forum: Investing - Theory, News & General
Topic: John Bogle has died at age 89
Replies: 856
Views: 58635

Re: John Bogle has died at age 89

I sincerely hope the family of Mr.Bogle’s heart doner are aware of how profoundly their loved one impacted the world by giving Mr. Bogle a second chance. Millions of people are so much better off because John Bogle lived. He was a humble giant of a man.
by ZumZabo
Wed Nov 28, 2018 10:57 am
Forum: Investing - Theory, News & General
Topic: Fidelity’s zero-fee campaign spurs $6.6bn of inflows Boston manager outsells Vanguard by more than 40% in October after
Replies: 57
Views: 5888

Re: Fidelity’s zero-fee campaign spurs $6.6bn of inflows Boston manager outsells Vanguard by more than 40% in October a

Fidelity has been pretty transparent on why they are offering these funds. They have clearly stated that these funds are a strategic direction to bring in more customers to their brokerage house. This is no different than the many brokerages, banks, credit cards, etc who offer bonuses as customer i...
by ZumZabo
Wed Nov 28, 2018 9:34 am
Forum: Investing - Theory, News & General
Topic: Fidelity’s zero-fee campaign spurs $6.6bn of inflows Boston manager outsells Vanguard by more than 40% in October after
Replies: 57
Views: 5888

Re: Fidelity’s zero-fee campaign spurs $6.6bn of inflows Boston manager outsells Vanguard by more than 40% in October a

Let me twist this just a little. What is in it for Redneck Bank to take in all those funds and pay 2.25% interest on? It's almost as if they can make money on something outside of fees for the depositors. Same for Fidelity. They make money on something outside of fees for investors. Everyone does. ...
by ZumZabo
Wed Nov 28, 2018 8:15 am
Forum: Investing - Theory, News & General
Topic: Fidelity’s zero-fee campaign spurs $6.6bn of inflows Boston manager outsells Vanguard by more than 40% in October after
Replies: 57
Views: 5888

Re: Fidelity’s zero-fee campaign spurs $6.6bn of inflows Boston manager outsells Vanguard by more than 40% in October a

If the zero funds somehow become unprofitable in the future they'll just close the fund to new investments, revise the prospectus to include a cash position, take the securities lending income, or any number of other tricks. With zero management fees, the funds won’t become unprofitable, they will ...
by ZumZabo
Tue Nov 27, 2018 9:05 am
Forum: Investing - Theory, News & General
Topic: Fidelity’s zero-fee campaign spurs $6.6bn of inflows Boston manager outsells Vanguard by more than 40% in October after
Replies: 57
Views: 5888

Re: Fidelity’s zero-fee campaign spurs $6.6bn of inflows Boston manager outsells Vanguard by more than 40% in October a

(First sentence edited to more accurately express my question) Perhaps someone can help me understand because I don’t. What is in it for Fidelity to take in billions of assets under management that they will earn zero fees on? Is it sustainable long term? What happens years from now if they reverse ...
by ZumZabo
Tue Nov 27, 2018 7:40 am
Forum: Investing - Theory, News & General
Topic: Anyone invest in Vanguard's Health Care Fund?
Replies: 20
Views: 2540

Re: Anyone invest in Vanguard's Health Care Fund?

I’ve held health care in some form since the mid 90’s. Originally it was the managed fund and since ‘08 (when I started indexing) it is the etf form. Much earlier it was a large percentage, too large ca. 30%. Now it is 10%. I am transitioning to a simple three fund portfolio and this will be the mos...
by ZumZabo
Mon Nov 26, 2018 10:01 am
Forum: Investing - Theory, News & General
Topic: What is your allocation to U.S. and International?
Replies: 241
Views: 24609

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

Just finished reading this topic. Interesting to see what others are actually doing rather than just theory. Thanks to all for sharing. Responding to the opening post: I am 58 yrs old and was 100% stocks until 3 years ago and used some harvested losses to re allocate to 67/33 stock/bond. I needed to...
by ZumZabo
Sun Nov 25, 2018 9:22 pm
Forum: Investing - Theory, News & General
Topic: The Three-Fund Portfolio
Replies: 2683
Views: 1773580

Re: The Three-Fund Portfolio

This is a former Morningstar post in Taylor’s own understated words about his service to us all. I volunteered for the paratroops in 1943 at the age of 19. After training at Ft. Benning, Georgia, I sailed on the Queen Mary for England and more training near London which was being attacked by buzz-bo...
by ZumZabo
Sun Nov 25, 2018 9:03 pm
Forum: Investing - Theory, News & General
Topic: The Three-Fund Portfolio
Replies: 2683
Views: 1773580

Re: The Three-Fund Portfolio

Deleted post to replace with following post. Made some mistakes with quotes and easier to just start over.
by ZumZabo
Sun Nov 25, 2018 3:57 pm
Forum: Investing - Theory, News & General
Topic: The Three-Fund Portfolio
Replies: 2683
Views: 1773580

Re: Re:

Why are things so simple to others but so difficult for me? :confused Am I not understanding something? It is probably new to you as you continue on your journey. I would recommend a good book(s). A few of my favorites that really taught me a lot are: * John Bogle "The Little Book of Common Sense I...
by ZumZabo
Sun Nov 25, 2018 10:24 am
Forum: Investing - Theory, News & General
Topic: The Three-Fund Portfolio
Replies: 2683
Views: 1773580

Re: Re:

Why are things so simple to others but so difficult for me? :confused Am I not understanding something? It is probably new to you as you continue on your journey. I would recommend a good book(s). A few of my favorites that really taught me a lot are: * John Bogle "The Little Book of Common Sense I...
by ZumZabo
Sun Nov 25, 2018 10:11 am
Forum: Investing - Theory, News & General
Topic: The Three-Fund Portfolio
Replies: 2683
Views: 1773580

Re: The Three-Fund Portfolio

I can't speak for Taylor but I appreciate him sharing his wisdom from a lifetime of investing experience (hobby?) and I think his current hobby is helping people achieve their goals in an efficient and effective manner. Thank you Taylor and all of the Bogleheads because your generosity is priceless...
by ZumZabo
Tue Nov 13, 2018 11:02 am
Forum: Personal Consumer Issues
Topic: Florida BCBS through ACA: experiences/reviews
Replies: 10
Views: 795

Re: Florida BCBS through ACA: experiences/reviews

I have had BCBS in the last 3 years. None of my doctors were on the Select HMO but all of them were in the Options PPO. I have had two knee surgeries and two shoulder surgeries and had zero problems with BCBS, however, the Options version is incredibly expensive without subsidies. The Select is muc...
by ZumZabo
Tue Nov 13, 2018 10:51 am
Forum: Personal Consumer Issues
Topic: Florida BCBS through ACA: experiences/reviews
Replies: 10
Views: 795

Re: Florida BCBS through ACA: experiences/reviews

I retired a few years ago and I was in a different state. I also had BCBS which was a PPO plan, when I looked at BCBS ACA policies none of my doctors were in the ACA plans and it looked like a very limited network of doctors compared to my work BCBS plan. I would not have minded changing doctors bu...
by ZumZabo
Tue Nov 13, 2018 9:04 am
Forum: Personal Consumer Issues
Topic: Florida BCBS through ACA: experiences/reviews
Replies: 10
Views: 795

Re: Florida BCBS through ACA: experiences/reviews

[quote=ZumZabo post_id=4203667 time=<a href="tel:1541686271">1541686271</a> user_id=58356]I would actually prefer to work two or three days a week since I love the job but there goes the insurance. I don’t really need the income and would like to have more control of my days. You say you don't real...
by ZumZabo
Tue Nov 13, 2018 8:15 am
Forum: Personal Consumer Issues
Topic: Florida BCBS through ACA: experiences/reviews
Replies: 10
Views: 795

Re: Florida BCBS through ACA: experiences/reviews

magazinewriter and sperry8, Thank you both very much for your responses. Doesn’t sound like either of you have had terrible experiences but not so compelling that I am ready to give up my current coverage for an ACA policy. I will continue to dig. Happy Thanksgiving If anyone has a referral for an a...
by ZumZabo
Mon Nov 12, 2018 7:30 am
Forum: Personal Consumer Issues
Topic: Florida BCBS through ACA: experiences/reviews
Replies: 10
Views: 795

Re: Florida BCBS through ACA: experiences/reviews

In light of no response at all with my original post, perhaps I should broaden my search. Is there anyone at all in the state of Florida who has early retired and has private health insurance and is happy with it? If so, where do you access it? I have seven years until Medicare and spouse has nine y...
by ZumZabo
Thu Nov 08, 2018 9:11 am
Forum: Personal Consumer Issues
Topic: Florida BCBS through ACA: experiences/reviews
Replies: 10
Views: 795

Florida BCBS through ACA: experiences/reviews

I have health insurance through my employer with Anthem Blue Cross and it is the best health insurance I’ve ever had. I’m 58 and dw is 56. I totally enjoy the job but am there primarily for the insurance. I need 30 hours per week to qualify so I am there 5 days (approx 38 hours) to have a margin of ...
by ZumZabo
Sat Feb 17, 2018 4:53 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 12575
Views: 2177313

Re: U.S. stocks in freefall

Anyone here admit to emotional selling during that dip? I feel like I must have missed something. I only witnessed some market noise that set market returns back a couple of months. Haven’t we all seen this many times and gone on with our routines with no consequence? My AA hasn’t changed in any me...
by ZumZabo
Thu Feb 08, 2018 8:56 am
Forum: Investing - Theory, News & General
Topic: Stock Market Didn't Get Tested You Did - WSJ Zweig
Replies: 20
Views: 4327

Re: Stock Market Didn't Get Tested You Did - WSJ Zweig

My brother called me in a panic to ask me what was going on. I told him I really had no idea and didn't care. He was upset that I didn't give him a better explanation and that I wasn't concerned. I really think the key is having a written plan. As part of writing the plan, you think a lot about wha...
by ZumZabo
Thu Feb 08, 2018 8:31 am
Forum: Investing - Theory, News & General
Topic: Keep your eye on the owner, not the dog
Replies: 31
Views: 5628

Re: Keep your eye on the owner, not the dog

Just passing along this quote believed to be from Ralph Wagoner, as recalled by Bill Bernstein: "He likens the market to an excitable dog on a very long leash in New York City, darting randomly in every direction. The dog's owner is walking from Columbus Circle, through Central Park, to the Metropo...
by ZumZabo
Thu Feb 08, 2018 8:26 am
Forum: Investing - Theory, News & General
Topic: Keep your eye on the owner, not the dog
Replies: 31
Views: 5628

Re: Keep your eye on the owner, not the dog

Just passing along this quote believed to be from Ralph Wagoner, as recalled by Bill Bernstein: "He likens the market to an excitable dog on a very long leash in New York City, darting randomly in every direction. The dog's owner is walking from Columbus Circle, through Central Park, to the Metropo...
by ZumZabo
Tue Dec 20, 2016 9:47 am
Forum: Investing - Theory, News & General
Topic: Expected Future Low Returns
Replies: 49
Views: 5700

Re: Expected Future Low Returns

Businesses are more efficient at managing production, inventories, transportation, labor and every other aspect needed to provide goods and services that are the economy. That generates more profits and will support higher stock prices. How high and at what rate? Who knows. I just know I want to be ...
by ZumZabo
Wed Aug 03, 2016 6:26 am
Forum: Personal Consumer Issues
Topic: Boglehead Beer
Replies: 909
Views: 171479

Re: Boglehead Beer

Long string and I have not read it in its entirety. Forgive me if this is been mentioned. One of my all-time favorites is a German beer from a small town near Nürnberg. Zirndorf. The beer is appropriately called Zirndorfer. My fave of theirs is one they call Land Bier. It is in the style of a Vienna...
by ZumZabo
Tue Jul 26, 2016 6:53 am
Forum: Personal Finance (Not Investing)
Topic: Any retirees here who have been life-long renters?
Replies: 140
Views: 16408

Re: Any retirees here who have been life-long renters?

Don't be fooled by the homeowner zealots who conveniently ignore the massive hidden costs associated with home ownership. Houses are horrible investments for the average person. If you insist on home buying, do so if and only if the price per sq ft < $100 OR the purchase price < 30% of your net wor...
by ZumZabo
Sat Jul 16, 2016 6:09 am
Forum: Investing - Theory, News & General
Topic: Options trading
Replies: 33
Views: 4847

Re: Options trading

Thanks everyone. To satisfy my temptation for "quick" money, I am considering saving, say, $50 every paycheck to start playing the options game :oops: As long as you consider it a "game" and not a strategy for funding your retirement. One could spend $50 from every paycheck at happy hour without do...
by ZumZabo
Sat Jul 16, 2016 5:57 am
Forum: Investing - Theory, News & General
Topic: Options trading
Replies: 33
Views: 4847

Re: Options trading

Unless you have a quantifiable trigger to initiate a short trade (example, if this event, price or what have you happens then initiate x puts x strikes out of the money etc...) then you are just initiating a position because you kinda sorta "feel" stocks are overvalued. Or you have gains that you d...
by ZumZabo
Fri Jul 15, 2016 4:22 pm
Forum: Investing - Theory, News & General
Topic: Options trading
Replies: 33
Views: 4847

Re: Options trading

After posting here I checked in on the perennial " US stocks in free fall" thread and the following is the first post I saw that you had posted three days earlier. You seem conflicted. prettybogle Re: U.S. stocks in freefall Unread postMon Jul 11, 2016 8:18 pm After significant losses in short term...
by ZumZabo
Fri Jul 15, 2016 5:28 am
Forum: Investing - Theory, News & General
Topic: Options trading
Replies: 33
Views: 4847

Re: Options trading

After posting here I checked in on the perennial " US stocks in free fall" thread and the following is the first post I saw that you had posted three days earlier. You seem conflicted. prettybogle Re: U.S. stocks in freefall Unread postMon Jul 11, 2016 8:18 pm After significant losses in short term ...
by ZumZabo
Fri Jul 15, 2016 4:58 am
Forum: Investing - Theory, News & General
Topic: Options trading
Replies: 33
Views: 4847

Re: Options trading

After significant losses in options trading, I completely quit short term trading a while back. I totally get long term investing is steady and safer way to get market returns. But now seeing market at all time highs, I am unable to resist the temptation to buy puts on indices and get returns that ...
by ZumZabo
Fri Jul 15, 2016 4:45 am
Forum: Investing - Theory, News & General
Topic: Options trading
Replies: 33
Views: 4847

Re: Options trading

There are two hurdles to overcome when buying an option. 1) Bid and ask spread. It can be significant. You have to be correct on market direction initially just to break even. 2) Time value decay. As time progresses the time value decay works against you the same as running uphill and against the wi...
by ZumZabo
Wed Jul 13, 2016 11:53 am
Forum: Investing - Theory, News & General
Topic: "Investing in 100 words"
Replies: 7
Views: 1590

Re: "Investing in 100 words"

“By periodically investing in an index fund, for example, the know-nothing investor can actually outperform most investment professionals. Paradoxically, when ‘dumb’ money acknowledges its limitations, it ceases to be dumb.”
- Warren Buffett

Warren said it in 31 words.
by ZumZabo
Wed Jul 13, 2016 11:44 am
Forum: Investing - Theory, News & General
Topic: "Investing in 100 words"
Replies: 7
Views: 1590

Re: "Investing in 100 words"

Bogleheads: Kaye A. Thomas is an author and a recognized authority on IRAs and taxes. His website features an article Boglehead's will recognize as similar to our Boglehead Philosophy . Investing is a huge topic, but everything you really need to know can be said in 100 words: Good investing is sim...
by ZumZabo
Sun Jul 03, 2016 9:58 am
Forum: Investing - Theory, News & General
Topic: Fixed 60/40 AA in retirement
Replies: 105
Views: 14371

Re: Fixed 60/40 AA in retirement

I am the mirror image in retirement" 40 stock / 60 fixed income. This allows me to sleep well, even though the 40% stock contains aggressive tilts. In addition, at my current spending rate, the 60% in fixed income will last my entire life, even if it merely matches inflation. Chances are that a 60/...
by ZumZabo
Sun Jul 03, 2016 9:00 am
Forum: Investing - Theory, News & General
Topic: Fixed 60/40 AA in retirement
Replies: 105
Views: 14371

Re: Fixed 60/40 AA in retirement

60/40 50/50 Perfecto for Life :happy Hello Toons, I have not gone back to look at any previous posts but if memory serves, you were more like 70/30 and comfortable with that. Am I remembering correctly? I am currently 75/25 working my way to 70/30 and will probably stay there indefinitely. I was 10...
by ZumZabo
Sun Jul 03, 2016 8:28 am
Forum: Investing - Theory, News & General
Topic: Fixed 60/40 AA in retirement
Replies: 105
Views: 14371

Re: Fixed 60/40 AA in retirement

60/40 50/50 Perfecto for Life :happy Hello Toons, I have not gone back to look at any previous posts but if memory serves, you were more like 70/30 and comfortable with that. Am I remembering correctly? I am currently 75/25 working my way to 70/30 and will probably stay there indefinitely. I was 10...
by ZumZabo
Sat Jul 02, 2016 5:29 am
Forum: Investing - Theory, News & General
Topic: VTSMX vs VTI compounding interest?
Replies: 14
Views: 3032

Re: VTSMX vs VTI compounding interest?

Just a side note, my portfolio is primarily ETFs. Years ago I used to buy dips intraday, write covered calls and sell cash secured puts (as a proxy for a limit buy order). All things one can do with ETFs but not with mutual funds. I don't do any of that anymore and if I could I would revert back to ...
by ZumZabo
Sat Jul 02, 2016 5:07 am
Forum: Investing - Theory, News & General
Topic: VTSMX vs VTI compounding interest?
Replies: 14
Views: 3032

Re: VTSMX vs VTI compounding interest? I

[quote@ZumZabo: So VTI suffers from bid/ask prices while mutual funds always displays accurately its NAV at the end of the trading day?[/quote] qwe7791, The bid/ask is only a factor when one is buying or selling and different than the premium/discount. You buy at the ask and sell at the bid. Like a ...
by ZumZabo
Wed Jun 29, 2016 8:13 am
Forum: Investing - Theory, News & General
Topic: As a new investor that is still learning I am making it through Brexit!
Replies: 31
Views: 4316

Re: As a new investor that is still learning I am making it through Brexit!

riptide wrote:Thanks again everybody. It seems , each time I make it through a tough drop, or scare, or big loss like Brexit, and do nothing; it gives me a little more strength to get through the next downturn without doing anything. One day at a time.
It looks as if you are doing very well.
by ZumZabo
Wed Jun 29, 2016 6:07 am
Forum: Investing - Theory, News & General
Topic: "Every Financial Crisis Is Different And the best investment response is the same."
Replies: 5
Views: 1330

Re: "Every Financial Crisis Is Different And the best investment response is the same."

Thank you for the link Taylor, a really good read. I particularly like the balloon metaphor below. "Or it could be that Brexit will affect U.S. stock prices much like Greece's financial crisis, Putin's aggressions, S&P's downgrade of U.S. debt, and Washington's budget brinkmanship. Those items splat...
by ZumZabo
Wed Jun 29, 2016 5:47 am
Forum: Investing - Theory, News & General
Topic: As a new investor that is still learning I am making it through Brexit!
Replies: 31
Views: 4316

Re: As a new investor that is still learning I am making it through Brexit!

Hello riptide, It seems to me that the vast majority of this "crisis" was/is the need for countless news outlets needing to fill air time. England and the rest of Europe will continue to produce, export and import goods and services. Keep in mind that the news is not about the news for most news out...
by ZumZabo
Wed Jun 29, 2016 5:18 am
Forum: Investing - Theory, News & General
Topic: VEA - Will the last decade be lost?
Replies: 14
Views: 3151

Re: VEA - Will the last decade be lost?

Growth of 10k graphs can be deceiving because they only show the growth of one lump sum invested at one specific time. In reality, people dollar cost average and invest in batches, not one lump sum, through rebalancing. Exactly. And in the accumulation phase a lot of new purchases along the way. Th...