Search found 258 matches

by Lauren Vignec
Wed Jan 10, 2018 8:12 pm
Forum: Personal Finance (Not Investing)
Topic: Lowball offer on a home
Replies: 82
Views: 8096

Re: Lowball offer on a home

One risk is that a lowball offer often comes with no contingencies to make it look a bit tempting. If the seller knows of some major problem they may be more tempted to accept it and you could be stuck with a big problem. Another is that if you are working with a real estate agent then they may dec...
by Lauren Vignec
Mon Jan 01, 2018 1:25 pm
Forum: Investing - Theory, News & General
Topic: Is Beta a distinct factor or a summation of other factors
Replies: 42
Views: 2449

Re: Is Beta a distinct factor or a summation of other factors

I am saying that the market will price on average the risks in stocks appropriately so, unless you have specific information about a specific security that is not incorporated into price, the best estimate of value is the market price & thus tilting will not add anything but volatility unless yon c...
by Lauren Vignec
Fri Dec 22, 2017 10:36 am
Forum: Personal Finance (Not Investing)
Topic: Do you include your house in your net worth if you own it outright?
Replies: 89
Views: 7959

Re: Do you include your house in your net worth if you own it outright?

OK, so, the reason there is even a question is because there is net worth, but then there is also liquid net worth. People often say "net worth" when they mean "liquid net worth." And it makes sense why people would do that. I remember one time a successful entrepreneur was explaining to me that he ...
by Lauren Vignec
Thu Dec 21, 2017 2:42 pm
Forum: Personal Finance (Not Investing)
Topic: Becoming a Landlord: My Experiences
Replies: 136
Views: 29541

Re: Becoming a Landlord: My Experiences

Hi Denovo, This is a wonderful thread. I'm going to email your post to a few people who really need to read it. My own experience as a landlord is extremely limited, but I wanted to share it because many younger Bogleheads might be considering doing what I did. I had some financially responsible clo...
by Lauren Vignec
Mon Dec 18, 2017 11:38 pm
Forum: Investing - Theory, News & General
Topic: What exactly happened in Japan...and can it happen here?
Replies: 52
Views: 10911

Re: What exactly happened in Japan...and can it happen here?

Inquiring Bogleheads want to know: I'm very fuzzy about why the Japanese market took a huge dive and stayed down for so many years. Can some of the pundits on this board explain it simply? The "Japan" situation is usually used as a rationale for maintaining a significant amount of international div...
by Lauren Vignec
Fri Aug 25, 2017 2:43 pm
Forum: Personal Finance (Not Investing)
Topic: Retirement anxiety- emotionally and financially
Replies: 55
Views: 8232

Re: Retirement anxiety- emotionally and financially

My perspective may be jaded. My wife and I now discuss both working part time. You may or may not see it this way, but these two sentences represent real progress. You have plenty of time to make decisions, and you have options that other people only dream about. Keep going in the direction you're ...
by Lauren Vignec
Fri Aug 25, 2017 1:45 pm
Forum: Personal Finance (Not Investing)
Topic: Really struggling: advice on accepting this new job offer?
Replies: 31
Views: 4013

Re: Really struggling: advice on accepting this new job offer?

Cons of current position: Not a lot of career opportunity -the only immediate position of interest I can see would be managing a NA team within the next two years, but there are some question marks around whether this opportunity will be available. There are also some big organizational and supply ...
by Lauren Vignec
Fri Jul 07, 2017 1:09 pm
Forum: Investing - Theory, News & General
Topic: Weak Evidence for International in Vanguard Research - Am I Missing Something?
Replies: 77
Views: 8062

Re: Weak Evidence for International in Vanguard Research - Am I Missing Something?

40% is not a large allocation to international because it is still less than the market weighting, although it is not much less. I think the US is around 53% or 54% of the global stock market. Any time an investing strategy deviates from the market portfolio it is the strategy that needs a justifica...
by Lauren Vignec
Thu Jul 06, 2017 1:01 pm
Forum: Investing - Help with Personal Investments
Topic: For retirement at 55 what is a good multiplier?
Replies: 65
Views: 12495

Re: For retirement at 55 what is a good multiplier?

Since you are not actually going to retire any time soon, and since you just need a target number, I would go with 30x. Basically, you would be shooting for around a 3% withdrawal rate. The reasoning is that people are just living longer and longer, and since you are married, you might be better off...
by Lauren Vignec
Tue Jun 27, 2017 5:18 pm
Forum: Personal Finance (Not Investing)
Topic: Where to find a financially like-minded significant other?
Replies: 140
Views: 12935

Re: Where to find a financially like-minded significant other?

Once again thank you all for these high quality replies, it's so nice to hear other people's perspectives, especially when most folks in this forum embrace my same financial values. I admit if I relocated outside this area I would very likely meet people and potential partners who share my values, ...
by Lauren Vignec
Fri May 26, 2017 10:12 am
Forum: Personal Finance (Not Investing)
Topic: Risky to ask for raise with another offer?
Replies: 28
Views: 3363

Re: Risky to ask for raise with another offer?

I would drive the conversation away from HR and to your boss. Make the conversation less about a raise and more about greater responsibility and moving up with the company. If you truly are are the top of range for the position, why would you get a raise? Time with company? You can't quantify that ...
by Lauren Vignec
Thu May 18, 2017 12:24 pm
Forum: Investing - Help with Personal Investments
Topic: Justification for holding Emerging Markets?
Replies: 69
Views: 7125

Re: Justification for holding Emerging Markets?

I don't have a large amount of emerging markets in my portfolio and I am beginning to question why I have any, especially since I have no real conviction about it and for the most part appreciate portfolio simplicity. What is the justification for having emerging markets? In reality I am not big on...
by Lauren Vignec
Thu May 18, 2017 12:17 pm
Forum: Personal Finance (Not Investing)
Topic: Learning how to spend
Replies: 27
Views: 3449

Re: Learning how to spend

Warning: Emotional Post Since a major part of my identity is that of a saver... ...However, being a saver has become such a part of my identity that I feel strange spending "lavishly." I even feel guilty when I suggest doing something and someone mentions that it would cost too much. This usually i...
by Lauren Vignec
Wed May 17, 2017 10:40 am
Forum: Investing - Help with Personal Investments
Topic: Almost done saving for emergency fund...now what?
Replies: 8
Views: 1448

Re: Almost done saving for emergency fund...now what?

I am currently 26 years old, and ... - My goal is to have the option to quit my 9-5 job and live off of passive income within the next 10 years You are doing a great job of saving, and I love that you are looking to have the option to live off of passive income. Life happens--goals change, personal...
by Lauren Vignec
Tue May 16, 2017 4:00 pm
Forum: Personal Finance (Not Investing)
Topic: Regret early retirement/downsizing
Replies: 230
Views: 50809

Re: Regret early retirement/downsizing

I may be a little out of the norm here, but as a thirty year old who was always told (by parents growing up and then by wife after marriage) that I cannot play so much video games, I cannot possibly imagine being bored after retirement....I will finally have all the time in the world to play all th...
by Lauren Vignec
Tue May 16, 2017 11:49 am
Forum: Investing - Theory, News & General
Topic: Best argument you've heard against passive/for active?
Replies: 49
Views: 5812

Re: Best argument you've heard against passive/for active?

I've not heard any good arguments against passive management. I have heard two good arguments for active management. First, some asset classes are hard or impossible for a retail investor to get through passive funds. Second, the Wellington fund is a good example of the fact that, for many people, a...
by Lauren Vignec
Thu Jan 12, 2017 9:10 pm
Forum: Personal Finance (Not Investing)
Topic: Best Financial Moves You've Made
Replies: 158
Views: 24001

Re: Best Financial Moves You've Made

My best financial move was the one I hated the most: starting my own business in the middle of 2009 because I absolutely could not find a decent job.
by Lauren Vignec
Thu Jan 12, 2017 2:15 pm
Forum: Local Chapters and Bogleheads Community
Topic: Sad News About a Respected Forum Member
Replies: 118
Views: 24384

Re: Sad News About a Respected Forum Member

Somehow, since this is an internet forum, I just think people are going to live forever. Like their screen names freeze them in time.

Meph is one of the few participants that I absolutely always paid attention to.
by Lauren Vignec
Thu Jan 12, 2017 1:55 pm
Forum: Investing - Help with Personal Investments
Topic: How to politely fire my financial advisor
Replies: 66
Views: 12053

Re: How to politely fire my financial advisor

My question, then, is this: how do I politely fire this guy? "Thank you for your assistance in the past. You have been very helpful, but I've decided to move my money to a lower cost (or another) provider." This is a statement, not a introduction to a discussion. If the "advisor" insists on trying ...
by Lauren Vignec
Thu Jan 05, 2017 10:59 am
Forum: Personal Finance (Not Investing)
Topic: You have 5-10 minutes to teach someone about personal finance
Replies: 54
Views: 5294

Re: You have 5-10 minutes to teach someone about personal finance

So based on some of these responses, I will be sure to mention bogleheads and the principle of low fee investing, starting early, and living below your means. If I were to modify the question to read "Assuming someone will go read about the topics you recommend, what topics would you tell them to g...
by Lauren Vignec
Tue Jan 03, 2017 8:45 pm
Forum: Personal Finance (Not Investing)
Topic: You have 5-10 minutes to teach someone about personal finance
Replies: 54
Views: 5294

Re: You have 5-10 minutes to teach someone about personal finance

We all make decisions with our emotions. Spending on stuff for status or therapy or quick hits of pleasure feels good for a while but the feeling fades fast. Nothing feels better, day to day, than when you make far more than your daily living expenses. Eliminating financial stress improved my life m...
by Lauren Vignec
Tue Apr 22, 2014 12:16 pm
Forum: Investing - Theory, News & General
Topic: Doesn't Matter - Does Matter - Good Post by Ben Carlson
Replies: 58
Views: 8751

Re: Doesn't Matter - Does Matter - Good Post by Ben Carlson

dl7848 wrote: He defines emotional intelligence in terms of self-awareness, altruism, personal motivation, empathy, and the ability to love and be loved
That's one heck of a list.
by Lauren Vignec
Thu Mar 27, 2014 3:27 pm
Forum: Investing - Theory, News & General
Topic: Statement of the Retirement Funding Problem
Replies: 89
Views: 9455

Re: Statement of the Retirement Funding Problem

What are the reasons that people resist buying annuities? It seems like the logical solution. If I was the retirement czar directing retirement funding for other people, I would make everyone buy an annuity with their money. Yet, I am not sure I would do it for myself with my own money. ___________...
by Lauren Vignec
Sun Feb 23, 2014 8:34 pm
Forum: Investing - Theory, News & General
Topic: How to convince family & friends to use Boglehead Method?
Replies: 61
Views: 6352

Re: How to convince family & friends to use Boglehead Method

VictoriaF wrote:People like to buy, they don't like to be sold to.

Victoria
Dear God. If only someone had explained this to me fifteen years ago about dating.

Wait. What was this thread about?
by Lauren Vignec
Sun Feb 23, 2014 7:27 pm
Forum: Investing - Theory, News & General
Topic: Has anyone seen the Japanese Stock Market?
Replies: 73
Views: 9989

Re: Has anyone seen the Japanese Stock Market?

Labor force participation http://research.stlouisfed.org/fred2/series/CIVPART I think about all sorts of weird stuff that I'd probably be happier if I didn't think about. I wonder if 200 years from now everyone will look back at 1982- 2008 and call it, "The Great Labor Force Participation Bubble." ...
by Lauren Vignec
Fri Feb 21, 2014 11:38 am
Forum: Personal Finance (Not Investing)
Topic: Better to be nice than right: A thank you to Taylor Larimore
Replies: 7
Views: 1362

Better to be nice than right: A thank you to Taylor Larimore

Hello Bogleheads, This was originally written as a letter to my 21 year-old self. As such, please feel free to share it with anyone. I had wanted to wait until I was "ready" to write it. But a few months ago my father passed away, which has changed the shape of the world for me. When I heard Taylor ...
by Lauren Vignec
Tue Oct 22, 2013 1:25 pm
Forum: Personal Finance (Not Investing)
Topic: Getting Started As An Advisor
Replies: 19
Views: 3452

Re: Getting Started As An Advisor

Question, for the average Boglehead with an above average understand of personal and some business tax rules/laws/issues, how hard is it to become an enrolled agent? It isn't hard if you buy one of those resources that allows you to take the practice tests over and over again. The EA exam is spread...
by Lauren Vignec
Sun Oct 20, 2013 8:41 pm
Forum: Investing - Theory, News & General
Topic: BOGLEHEADS 12 ANNOUNCEMENT
Replies: 92
Views: 25178

Re: BOGLEHEADS 12 ANNOUNCEMENT

Does anyone have links to the slides that were used in Jack's presentation, or in the presentations at Vanguard?
by Lauren Vignec
Sun Oct 20, 2013 8:37 pm
Forum: Investing - Theory, News & General
Topic: Share with us: What was the best thing you learned at BH12
Replies: 35
Views: 4012

Re: Share with us: What was the best thing you learned at B

Honestly, the most interesting thing I learned is how popular passive investing is becoming. We really might win this battle.
by Lauren Vignec
Tue Oct 15, 2013 3:24 pm
Forum: Investing - Theory, News & General
Topic: William Bernstein: the paradox of wealth
Replies: 83
Views: 20400

Re: William Bernstein: the paradox of wealth

But I also don't observe any clear trend either up or down in P/E10. The mean has drifted randomly between about 14 and 18. Hello Grayfox, I came to believe that stocks were risky to most investors mostly because they do badly at the worst possible times. And arguments about institutional investors...
by Lauren Vignec
Tue Oct 01, 2013 5:30 pm
Forum: Investing - Theory, News & General
Topic: "Three Aspects of Risk."
Replies: 89
Views: 8697

Re: "Three Aspects of Risk."

My preference is to educate and let people make their own decisions. People have very different evaluations of the value of money and risk. Unfortunately it is unclear if many are listening to anyone with a clue on either side of the issue. How many of these people have heard of the 4% rule, indexi...
by Lauren Vignec
Tue Oct 01, 2013 5:05 pm
Forum: Investing - Theory, News & General
Topic: Why do stocks go up beyond the rate of inflation?
Replies: 75
Views: 7621

Re: Why do stocks go up beyond the rate of inflation?

[ There isn't always a persistent "premium" in stocks over bonds... but generally, over time - the market is efficient enough that people figure out what's going on and the market corrects (or over corrects). Given enough time, stocks have returned more but it's not a persistent premium. Yes, exact...
by Lauren Vignec
Tue Oct 01, 2013 11:42 am
Forum: Investing - Theory, News & General
Topic: Why do stocks go up beyond the rate of inflation?
Replies: 75
Views: 7621

Re: Why do stocks go up beyond the rate of inflation?

And what I was reacting to was the notion that we would simply invest in TIPS... I don't want a reaction. I want a response. Remember, we are talking about expected returns, not historical returns. Stocks have a higher expected return than bonds because stocks are riskier than bonds. What is your r...
by Lauren Vignec
Tue Oct 01, 2013 11:38 am
Forum: Investing - Theory, News & General
Topic: "Three Aspects of Risk."
Replies: 89
Views: 8697

Re: "Three Aspects of Risk."

Do you think influence leaders should push the 95% one way or the other? -- or just make the alternatives clear? I strongly believe the best thing to do is to make the investment situation clear. I say "situation" because I believe the alternatives involve more than just investment strategy. I basi...
by Lauren Vignec
Fri Sep 27, 2013 5:09 pm
Forum: Personal Consumer Issues
Topic: career in music?
Replies: 45
Views: 3782

Re: career in music?

I want to know what my niece can expect if she tries to become a professional composer. Assume for the sake of argument that she is talented, hard-working, professional, and easy to work with. She will of course live her own life and make her own choices. I just want to know what she is getting int...
by Lauren Vignec
Tue Sep 10, 2013 6:18 pm
Forum: Investing - Theory, News & General
Topic: Why do stocks go up beyond the rate of inflation?
Replies: 75
Views: 7621

Re: Why do stocks go up beyond the rate of inflation?

Nobody in this thread has raised a good reason why stocks *will* outperform inflation in the future. Of course not. That's because the statement, "Stocks *will* outperform inflation" is false. It is false over the next minute, the next hour, the next day, the next year, the next century. We just be...
by Lauren Vignec
Sat Sep 07, 2013 11:48 am
Forum: Investing - Theory, News & General
Topic: Why do stocks go up beyond the rate of inflation?
Replies: 75
Views: 7621

Re: Why do stocks go up beyond the rate of inflation?

Where is the extra return ultimately coming from in the economy? Hello Boggler, Don't follow the money. At this point in history, money is absolutely nothing more than the method of exchanging and accounting that makes exchanging and accounting easier. We don't even print money that much any more--...
by Lauren Vignec
Thu Aug 22, 2013 12:52 pm
Forum: Personal Consumer Issues
Topic: Why aren't Car dealers prepared to deal?
Replies: 91
Views: 11798

Re: Why aren't Car dealers prepared to deal?

A big dealer negotiates what - maybe a thousand+ units a year in sales? You buy a car how often? Maybe once every couple years? Who has more practice, experience in negotiating, and specific experience in the industry? Of course the dealer is going to be in a much better position to negotiate a uni...
by Lauren Vignec
Tue Jul 30, 2013 3:59 pm
Forum: Investing - Theory, News & General
Topic: Pensions, actuaries, and stocks for the long run
Replies: 155
Views: 15163

Re: Pensions, actuaries, and stocks for the long run

Another question raised by this discussion – if a future benefit depends on the uncertain ability of a future taxbase to fund it, is it really guaranteed? Hello Verde, Detroit's bankruptcy claim is a big deal, and will set a precedent. Right now, it looks like the answer to your question is going t...
by Lauren Vignec
Thu Jul 18, 2013 7:52 pm
Forum: Investing - Theory, News & General
Topic: [Sad news - Pat Larimore]
Replies: 225
Views: 22314

Re: [Sad news - Pat Larimore]

Hello Taylor,

So that is the woman you married. Thank you so much for sharing the video--absolutely beautiful.
by Lauren Vignec
Mon Oct 15, 2012 3:52 pm
Forum: Investing - Theory, News & General
Topic: Investing "Gangnam Style"
Replies: 8
Views: 2362

Re: Investing "Gangam Style"

NightOwl wrote:
The dude in the neon yellow suit rocks.
I absolutely need to get one of those suits.

Wait, what is the song about again?
by Lauren Vignec
Fri Sep 28, 2012 12:27 pm
Forum: Investing - Theory, News & General
Topic: Ray Lucia charged by SEC - "Buckets of Money" Sep 5, 2012
Replies: 136
Views: 15653

Re: Ray Lucia charged by SEC - "Buckets of Money" Sep 5, 201

grayfox wrote: :arrow: Now I understand what's going on. The buckets stuff is just a bunch of hand waving to get you into the tent. Then the non-traded REITS are how they actually pick your pocket.

Yes, and also to sell variable annuities.
by Lauren Vignec
Wed Jul 25, 2012 4:54 pm
Forum: Investing - Theory, News & General
Topic: Total Bond Fund SEC Yield below 2%
Replies: 73
Views: 8492

Re: Total Bond Fund SEC Yield below 2%

And in Europe there is negative nominal yield in many countries, for example in Germany. I hadn't realized things had gotten this bad in places like Germany, but this allows me to make a point that seems to always get lost in the discussion about low bond yields. As long as you aren't holding long ...
by Lauren Vignec
Thu Jun 14, 2012 1:33 pm
Forum: Investing - Theory, News & General
Topic: Does an Alpha fantasy make sense in your life?
Replies: 19
Views: 2155

Re: Does an Alpha fantasy make sense in your life?

And here I thought Rick Ferri had finally gone off the deep end and written a post about dating.
by Lauren Vignec
Thu Jun 14, 2012 1:13 pm
Forum: Personal Consumer Issues
Topic: Books that have actually changed your life, in a way.
Replies: 172
Views: 19823

Re: Books that have actually changed your life, in a way.

The Death of Ivan Ilyich, by leo Tolstoi read at age 19. It is about a judge who is dying at age 45. He thought he lived the good life, but realized he had only lived for himself. His own death, he hoped, would free others around him. That short story also affected me powerfully, and I think at an ...
by Lauren Vignec
Fri Jun 08, 2012 7:57 pm
Forum: Investing - Theory, News & General
Topic: Total Bond Fund SEC Yield below 2%
Replies: 73
Views: 8492

Re: Total Bond Fund SEC Yield below 2%

The value of a stock is the worth of all of the future cash flows expected to be generated by the firm discounted by an appropriate risk-adjusted rate. http://www.efficientfrontier.com/ef/403/fairy.htm Just curious. what about net buyback of shares? I think shareholders deserve a higher yield, but ...
by Lauren Vignec
Fri Jun 08, 2012 7:12 pm
Forum: Investing - Theory, News & General
Topic: Total Bond Fund SEC Yield below 2%
Replies: 73
Views: 8492

Re: Total Bond Fund SEC Yield below 2%

First of all, at least to a first approximation, in an era where we have mutual funds and can efficiently and cheaply buy or liquid $162.49 worth of a stock fund on 24 hour's notice, there's no particular significance to how much of a dividend is paid out. Not true at all. The value of a stock is t...
by Lauren Vignec
Fri Jun 08, 2012 12:44 pm
Forum: Investing - Theory, News & General
Topic: Bogleheads advice for getting rich
Replies: 63
Views: 7864

Re: Bogleheads advice for getting rich

1. Save 2. Live well below your means 3. Marry well The Boglehead philosophy has taught me to focus on the things that are meaningful to me and let the "market guru's" do what they do. I feel "rich" because I live a simple life with a wonderful woman. Although I am fairly young (late 30's) I learne...
by Lauren Vignec
Fri Jun 08, 2012 12:38 pm
Forum: Investing - Theory, News & General
Topic: Total Bond Fund SEC Yield below 2%
Replies: 73
Views: 8492

Re: Total Bond Fund SEC Yield below 2%

And the situation is not unprecedented. It may be the first time in history for these two mutual funds, but according to the SBBI 2010 Classic Yearbook, the income return from stocks was higher than the income return from intermediate-term government bonds for, looks like every single year from 192...
by Lauren Vignec
Tue May 08, 2012 2:41 pm
Forum: Investing - Theory, News & General
Topic: Economics. [Does it help the investor?]
Replies: 83
Views: 6139

Re: Economics. What do you think?

Bogleheads: A Boglehead, wrote: "I'm looking for a gentle introductory book on economics." This raises the question: Does a superior knowledge of economics help a long-term Boglehead investor? What do you think? Thank you and best wishes. Taylor Hello Taylor, Microeconomics has been enormously help...