Search found 617 matches

by johnjtaylorus
Sun Feb 24, 2013 6:26 pm
Forum: Personal Finance (Not Investing)
Topic: Where were you financially in your late twenties?
Replies: 191
Views: 17825

Re: Where were you financially in your late twenties?

At 29, after Vietnam, law sch, and grad sch, my net worth was 600 bucks.
by johnjtaylorus
Fri Sep 10, 2010 12:01 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Joins the Investment Porn Crowd
Replies: 72
Views: 11727

Not Brennan, but Stewart.
by johnjtaylorus
Sun Aug 15, 2010 1:05 pm
Forum: Personal Consumer Issues
Topic: Beef Cattle in the "Old West"
Replies: 31
Views: 3722

Then came Upton Sinclair, and later the food legislation of 1906.
by johnjtaylorus
Fri Aug 13, 2010 11:11 pm
Forum: Personal Finance (Not Investing)
Topic: Washington, DC vs Charlotte, NC
Replies: 42
Views: 10035

Peter71, I know (basic there 68).
by johnjtaylorus
Fri Aug 13, 2010 6:06 pm
Forum: Personal Finance (Not Investing)
Topic: SS Article, for Married Folks ;-)
Replies: 97
Views: 15031

Nonnie, in a prior life, I was an administrative law judge doing SS, tax, etc cases. Ever since Maury Maverick complained about "gobbledygook," there were plain language efforts. Almost 40 yrs ago, there was a presidential directive that fed regs be written clearly. Didn't happen overnight or in eve...
by johnjtaylorus
Fri Aug 13, 2010 11:22 am
Forum: Investing - Theory, News & General
Topic: Gary Shilling's 12 Predictions
Replies: 33
Views: 9798

"Sell to the sleeping point" is ascribed to JP Morgan, but may not be original to him.
by johnjtaylorus
Fri Aug 13, 2010 11:09 am
Forum: Personal Finance (Not Investing)
Topic: SS Article, for Married Folks ;-)
Replies: 97
Views: 15031

What needs to be investigated is the difference between law, regs, and rulings.

My comment supra was accurate.
by johnjtaylorus
Fri Aug 13, 2010 9:07 am
Forum: Personal Finance (Not Investing)
Topic: SS Article, for Married Folks ;-)
Replies: 97
Views: 15031

Admin estoppel issues can crop up with any federal entity.

Most federal regs are not convoluted and haven't been for the better part of 30 yrs.

Instead of searching the Internet for a guru, visit or phone SS.
by johnjtaylorus
Thu Aug 12, 2010 11:51 pm
Forum: Personal Finance (Not Investing)
Topic: SS Article, for Married Folks ;-)
Replies: 97
Views: 15031

SS regs were redone in plain language decades ago.

Instead of reading some popular interpretation, people should consult a SS employee with relevant expertise.
by johnjtaylorus
Thu Aug 12, 2010 11:56 am
Forum: Investing - Theory, News & General
Topic: Advisor vs Index Fund. Why Do I Prefer The Former?
Replies: 60
Views: 6926

Those who have held BRK a long time know that Buffett was influenced by Fisher as much as Graham.
by johnjtaylorus
Wed Aug 11, 2010 11:00 am
Forum: Personal Consumer Issues
Topic: Low carb or low fat
Replies: 127
Views: 18868

Didn't Atkins die with, or of, atherogenicity?

Hasn't high-fat diet been linked to increased risk of breast, colon, etc. neoplasm?
by johnjtaylorus
Sun Aug 08, 2010 1:23 pm
Forum: Personal Finance (Not Investing)
Topic: Are you obsessed with your NET WORTH?
Replies: 97
Views: 15649

Checking net worth motivates me to continue the endless process of investing.

The world is an ocean of need; that is why "enough" is never enough.

Just last month, I was contacted by a distant relative who asked me to defray the costs of her mother's nursing home, which I am able to do.
by johnjtaylorus
Sun Aug 08, 2010 12:25 pm
Forum: Personal Finance (Not Investing)
Topic: Washington, DC vs Charlotte, NC
Replies: 42
Views: 10035

Fatalburg v Deadskins.
by johnjtaylorus
Tue Aug 03, 2010 6:19 pm
Forum: Investing - Theory, News & General
Topic: Taleb's top life tips
Replies: 45
Views: 11492

Taleb's style reminds me of McLuhan.
by johnjtaylorus
Fri Jul 30, 2010 7:03 pm
Forum: Personal Finance (Not Investing)
Topic: Disability question
Replies: 11
Views: 1709

True re SSA's stringent criteria. However, Canyon, an ALJ would almost surely allow your wife's claim because she is almost 60 ("closely approaching retirement" adjudicative category). If she has a good work history, as is likely, her testimony would probably be deemed credible at hearing. She needs...
by johnjtaylorus
Fri Jul 30, 2010 6:16 pm
Forum: Personal Consumer Issues
Topic: Best SAT preparation/practice books?
Replies: 39
Views: 7856

My school had us take the Nat Educ Dev Test two years, so that was the only SAT prep.

We took no prep for GRE and LSAT either.
by johnjtaylorus
Sun Jul 25, 2010 1:53 pm
Forum: Personal Consumer Issues
Topic: Ruth's Chris Steak House -- A Review
Replies: 72
Views: 14128

Investing is about time and a high-fat diet can shorten that. Buffett presents the same dichotomy (prudent investor, imprudent eater). Hopefully, his financial prudence won't be cut short by MI or CVA. Cue Shakesp's response to sermons: "Dost thou think, because thou art virtuous, there shall be no ...
by johnjtaylorus
Fri Jul 23, 2010 11:17 pm
Forum: Personal Consumer Issues
Topic: Ruth's Chris Steak House -- A Review
Replies: 72
Views: 14128

What is The Munchkin Man's apolipoprotein a-1?
by johnjtaylorus
Sat Jun 26, 2010 12:35 pm
Forum: Personal Finance (Not Investing)
Topic: Suze Orman or Dave Ramsey?
Replies: 85
Views: 19518

It would be interesting to know where Suze, Brinker, Edelman et al. got the MBAs/PhDs which undergird their expertise.

Having relevant education is no guarantee, of course, but a dentist who has been to dental school seems more comforting.
by johnjtaylorus
Sat Jun 26, 2010 12:01 pm
Forum: Personal Consumer Issues
Topic: World Cup soccer, Germany- Greece philosophers
Replies: 6
Views: 1403

Heraclitus had a soccer style which was always changing.
by johnjtaylorus
Fri Jun 25, 2010 6:03 pm
Forum: Investing - Theory, News & General
Topic: Mutual Funds in 1969
Replies: 7
Views: 1965

That was the era in which I began. But it was known even then that low-cost no-load funds were the way to go. I never had a broker churning, or a loaded fund, etc.
by johnjtaylorus
Fri Jun 25, 2010 9:10 am
Forum: Investing - Theory, News & General
Topic: Vanguard ranked #4
Replies: 24
Views: 8047

This merely underscores the virtues of T. Rowe Price and Vanguard.

But the average mgr investment at Vanguard was surprisingly small.
by johnjtaylorus
Fri Jun 18, 2010 5:08 pm
Forum: Personal Consumer Issues
Topic: changing a tire - stuck lugs - what's your answer?
Replies: 37
Views: 5776

Gentle tap with the "persuader" (20-lb sledge).
by johnjtaylorus
Sat Jun 05, 2010 2:27 pm
Forum: Personal Finance (Not Investing)
Topic: is it expensive to travel abroad when you retire?
Replies: 39
Views: 5138

Frank10, try to catch an event at Cardiff Castle.

Do people have fun watching Tom Jones in concert there? It's not unusual.
by johnjtaylorus
Tue Jun 01, 2010 11:37 am
Forum: Investing - Theory, News & General
Topic: Where do I begin?
Replies: 13
Views: 2450

Having an investor mentality helps in many ways even if stock prices remain flat for long periods. Not to mention divs/cap gains. Saving alone takes iron discipline, but saving to invest allows an attitude of present and future ownership. Investing (like gardening or farming) is an inherently optimi...
by johnjtaylorus
Mon May 31, 2010 6:49 pm
Forum: Personal Finance (Not Investing)
Topic: Memorial Day
Replies: 34
Views: 4601

Darkwaters, good post.

Founding principle Viet Vets of Am: "Never again shall one generation of veterans abandon another."
by johnjtaylorus
Sun May 23, 2010 11:45 am
Forum: Personal Consumer Issues
Topic: Has anyone ever detox or fasted?
Replies: 35
Views: 4699

Heard John Kenneth Galbraith say he fasted 1 day a wk.

He lived a long time, but post hoc ergo propter hoc.
by johnjtaylorus
Thu May 20, 2010 9:20 am
Forum: Personal Consumer Issues
Topic: POTUS is a boglehead...
Replies: 59
Views: 6592

For financial pre-hagiography, here's 2005:

http://www.washingtonpost.com/wp-srv/po ... 000167.pdf
by johnjtaylorus
Sun May 16, 2010 10:48 am
Forum: Personal Finance (Not Investing)
Topic: I Applied for Social Security Today Online
Replies: 21
Views: 4746

It used to be the case that MQGEs couldn't sign up for Medicare online, but had to do at least a telephonic interview.

Has that changed?
by johnjtaylorus
Sun May 16, 2010 10:40 am
Forum: Personal Consumer Issues
Topic: Favorite Movie Scenes
Replies: 59
Views: 8023

I don't play chess and couldn't focus on checkers near a young Faye Dunaway.
by johnjtaylorus
Sat May 15, 2010 11:03 am
Forum: Personal Consumer Issues
Topic: Favorite Movie Scenes
Replies: 59
Views: 8023

by johnjtaylorus
Tue May 04, 2010 12:32 pm
Forum: Investing - Theory, News & General
Topic: Index Funds and Bull Markets
Replies: 92
Views: 8992

Poor form to lash the OP in the village square for perceptually insouciant questions.

And rude to use derisive labels such as "amateur."

Probably most Bogleheads are amateurs, and most people here lack Ph.D.s in econ/finance.
by johnjtaylorus
Tue May 04, 2010 11:55 am
Forum: Investing - Theory, News & General
Topic: Does worrying about money hurt one's longevity?
Replies: 18
Views: 3149

Hans Selye.
by johnjtaylorus
Tue May 04, 2010 10:39 am
Forum: Personal Consumer Issues
Topic: How many foreign countries have you visited?
Replies: 100
Views: 12616

Philippines, Vietnam, Thai, Laos, Cambodia, Malaysia, China, FRG, France, Italy, Greece, Denmark, Sweden, Neth, Belg, Ireland, Scot, Turkey, Switz, Monaco, Spain, UK, Morocco, Kenya, Tanzania, Mex, Can, Bahamas, Jamaica, former Yugo.
by johnjtaylorus
Mon May 03, 2010 11:16 pm
Forum: Investing - Theory, News & General
Topic: Delving Deeper into the Active vs. Passive Debate
Replies: 192
Views: 17435

Capitalization-weighted indexes...
by johnjtaylorus
Mon May 03, 2010 11:49 am
Forum: Personal Consumer Issues
Topic: If you could "buy" skill in a foreign language...
Replies: 57
Views: 7112

My niece was admitted last yr to Columbia B School in large measure because she grew up in China and is fluent.
by johnjtaylorus
Mon May 03, 2010 11:09 am
Forum: Investing - Theory, News & General
Topic: Delving Deeper into the Active vs. Passive Debate
Replies: 192
Views: 17435

Rrosenkoetter, I'm not recommending anybody do anything. I have no book to sell, no fund/company to urge upon you, no web site to hawk, no pet theory to push. Doing what I did resulted in financial independence; your mileage may vary. Just happened to be rereading Eric Hoffer, The True Believer.
by johnjtaylorus
Mon May 03, 2010 9:51 am
Forum: Investing - Theory, News & General
Topic: Delving Deeper into the Active vs. Passive Debate
Replies: 192
Views: 17435

It would be an interesting poll to see how long the typical Boglehead has been with Vanguard. Some of these threads read like recently reformed alcoholics condemning a bar. Having been with Vanguard since 1978, I don't see every hint of heterodoxy as some threat which requires condemnation by the gr...
by johnjtaylorus
Sun May 02, 2010 7:04 pm
Forum: Investing - Theory, News & General
Topic: Passive works because active doesn’t
Replies: 150
Views: 20094

When I first considered BRK, about 1980, it was essentially an insurance outfit (about 70% of it), and it didn't really fit with my other stuff. But I bought some anyhow (was relatively cheap then).
by johnjtaylorus
Sun May 02, 2010 1:28 pm
Forum: Investing - Theory, News & General
Topic: Delving Deeper into the Active vs. Passive Debate
Replies: 192
Views: 17435

Tadasmar, I bought my first Vanguard fund circa 1978 , so indexier-than-thou won't wash.

Euclidean geometry reposed on faith for centuries until Gauss, Lobachevsky, et al. came along.
by johnjtaylorus
Sun May 02, 2010 12:51 pm
Forum: Investing - Theory, News & General
Topic: Delving Deeper into the Active vs. Passive Debate
Replies: 192
Views: 17435

It is eminently sensible to note that every investor seeks performance.
Were it otherwise, investing would be eleemosynary.

Active v passive discussion centers on ways to further enhance performance.
by johnjtaylorus
Sun May 02, 2010 11:13 am
Forum: Investing - Theory, News & General
Topic: Passive works because active doesn’t
Replies: 150
Views: 20094

Setting up Swensen versus the unwashed canaille seems an oversimplification.

There's a broad spectrum between Yale Ph.D.s and Aunt Tillie in Kansas letting an advisor churn her account.
by johnjtaylorus
Sun May 02, 2010 11:00 am
Forum: Investing - Theory, News & General
Topic: Delving Deeper into the Active vs. Passive Debate
Replies: 192
Views: 17435

Every investor is chasing performance. The argument for index funds is that lifetime passive portfolio performance may be better absent the cost drag, turnover, etc. of active. Every investment is a Kierkegaardian leap. An index investor has to accept that some active fund owners are getting more in...
by johnjtaylorus
Sat May 01, 2010 11:27 am
Forum: Investing - Theory, News & General
Topic: Delving Deeper into the Active vs. Passive Debate
Replies: 192
Views: 17435

Like Howard, Bosel was of age. Boesel was w/ T Rowe before being mgr.

The fund never owned "bubble" stuff because of its value discipline. It it buys tech or bio, it is due to PE compression.

With Lynch and Howard, people had 1/4th or 1/5th of a typical investment lifetime to become aware.
by johnjtaylorus
Sat May 01, 2010 10:21 am
Forum: Personal Consumer Issues
Topic: What is the best concert you ever witnessed?
Replies: 101
Views: 11809

Orbison (he died a few mos later).
by johnjtaylorus
Fri Apr 30, 2010 2:32 pm
Forum: Investing - Theory, News & General
Topic: Delving Deeper into the Active vs. Passive Debate
Replies: 192
Views: 17435

If ya compare index funds to the entire universe of actively managed funds (with loads and bloated ERs), the outcome is obvious.

If ya compare index funds to no-load, low-cost funds which pass a number of other pre-purchase filters, a more heuristic comparison may emerge.
by johnjtaylorus
Fri Apr 30, 2010 11:06 am
Forum: Investing - Theory, News & General
Topic: Delving Deeper into the Active vs. Passive Debate
Replies: 192
Views: 17435

Dick Howard managed Cap Apprec for many yrs (16?), then Boesel.

Giroux doesn't manage 9 funds.
by johnjtaylorus
Fri Apr 30, 2010 10:57 am
Forum: Investing - Theory, News & General
Topic: Delving Deeper into the Active vs. Passive Debate
Replies: 192
Views: 17435

Perhaps luck. Perhaps it was relevant educ and 20 yrs investing exp back then. Either way, better to be lucky than good.
by johnjtaylorus
Fri Apr 30, 2010 9:22 am
Forum: Investing - Theory, News & General
Topic: Delving Deeper into the Active vs. Passive Debate
Replies: 192
Views: 17435

S&P = not a proper comparison for Cap Apprec.

Not predicting a tech bubble in 88.

Per contra, I was buying a flex fund with a value orientation.
by johnjtaylorus
Thu Apr 29, 2010 11:48 pm
Forum: Investing - Theory, News & General
Topic: Delving Deeper into the Active vs. Passive Debate
Replies: 192
Views: 17435

Got into Cap Apprec circa 1988.

It was no accident -- the approach suited a need.

And that was underscored by the tech wreck of 2000.