Search found 4712 matches

by Noobvestor
Sun Oct 03, 2010 6:07 pm
Forum: Personal Consumer Issues
Topic: Independent Consultancy Question
Replies: 7
Views: 1084

As someone who used to work for others, then did contract work, then did entirely solo business stuff, but in another field, I'll take a quick stab: 1) It's never too early to train yourself to be your own boss, build up contacts and know-how that can be applied to future employment, contract work a...
by Noobvestor
Sun Oct 03, 2010 5:14 pm
Forum: Investing - Theory, News & General
Topic: All Vanguard or ... Other Fund Families Too?
Replies: 20
Views: 3643

I use three low-cost fund families only for the sake of custodian diversification. It works out to being a tad more expensive than Vanguard alone, but lets me sleep at night. I guess that's what I'm worried about too - care to mention what the others are? And/or what you have where? No pressure, ju...
by Noobvestor
Sun Oct 03, 2010 5:10 pm
Forum: Investing - Theory, News & General
Topic: Oh, Canada - Why Doesn't Vanguard Have a Fund for You?
Replies: 58
Views: 11052

Re: Oh, Canada - Why Doesn't Vanguard Have a Fund for You?

Anyone have any thoughts on why there isn't a wee Canada index fund at Vanguard? Guesses on whether there ever will be? Wondering why it matters? Assuming that you're not located in Canada and don't have a specific interest in Canada (e.g. you plan to retire in Canada) perhaps you can explain why y...
by Noobvestor
Sun Oct 03, 2010 4:54 pm
Forum: Personal Consumer Issues
Topic: Portfolio Obsession as Escape?
Replies: 22
Views: 3606

Yes - this is way more entertaining that work :) At least for now! Temporary hobby maybe?
by Noobvestor
Sun Oct 03, 2010 1:04 pm
Forum: Investing - Theory, News & General
Topic: All Vanguard or ... Other Fund Families Too?
Replies: 20
Views: 3643

Thanks for your responses! @petrico: that was particularly helpful, since I have that book on my shelf and was just trying to figure out which investment-related volume to hit next - I think you just helped me choose. I'm all about Vanguard holding the majority of my assets, I guess just feel like t...
by Noobvestor
Sun Oct 03, 2010 11:34 am
Forum: Investing - Theory, News & General
Topic: All Vanguard or ... Other Fund Families Too?
Replies: 20
Views: 3643

All Vanguard or ... Other Fund Families Too?

I'm a believer - in part thanks to the folks on this forum - in low-cost indexing, and Vanguard as the primary vehicle. However, various people have various reasons, no doubt, for investing in other fund families as well. What I'd be curious to know is 1) What non-Vanguard familes/funds do you inves...
by Noobvestor
Sun Oct 03, 2010 11:14 am
Forum: Investing - Theory, News & General
Topic: [POLL] Who's switching from VFWIX to VGTSX?
Replies: 62
Views: 10090

Can I trouble someone confirm something for me? The international portion of my portfolio is split between 80% VFWIX and 20% Vanguard FTSE All-World ex-US Small-Cap Index Fund Investor Shares (VFSVX) which has an expense ratio of .63% Am I to understand that the rejiggered VGTSX would essentially r...
by Noobvestor
Sun Oct 03, 2010 11:02 am
Forum: Investing - Theory, News & General
Topic: Large-cap nostalgia
Replies: 36
Views: 3928

This is a great thread. I have nothing (sorry!) to add, other than a question/request: can you please keep the comparisons coming? I'd love to see more cross-analysis of what Diehards were doing 10 years ago vs. today - it's fascinating to someone who is new around here. Thanks!
by Noobvestor
Sat Oct 02, 2010 12:42 pm
Forum: Personal Finance (Not Investing)
Topic: What do you consider as very rich?
Replies: 122
Views: 17895

3 million dollars in today's money - enough to retire on modestly as of right now if I really wanted to, which I don't. Note: this is after taxes, so I would need to be close to a 6 million dollar windfall to cover it.
by Noobvestor
Sat Oct 02, 2010 12:29 pm
Forum: Investing - Theory, News & General
Topic: Investing Internationally
Replies: 34
Views: 4023

Posted by Noobvester My synopsis: Investing up to 40% internationally increases returns and decreases standard deviation historically over 40 years - one would imagine that this has shifted since the US has a smaller share of the global market now, meaning (presumably) you could invest even more at...
by Noobvestor
Fri Oct 01, 2010 9:37 pm
Forum: Personal Consumer Issues
Topic: Is there any loan for traveling around the world
Replies: 2
Views: 817

2 cents: if you can't afford to without a loan, it's probably not a good idea. I'd suggest looking for a scholarship program or work abroad program that would let you travel either (a) for free or (b) for pay - some folks get paid quite nicely, for example, to teach ESL in parts of Asia, etc... and ...
by Noobvestor
Fri Oct 01, 2010 6:43 pm
Forum: Investing - Theory, News & General
Topic: Investing Internationally
Replies: 34
Views: 4023

But don't rely on guesswork or hunches, or me in general ... just check out the numbers: http://www.bogleheads.org/forum/viewtopic.php?t=224 My synopsis: Investing up to 40% internationally increases returns and decreases standard deviation historically over 40 years - one would imagine that this ha...
by Noobvestor
Fri Oct 01, 2010 5:01 pm
Forum: Investing - Theory, News & General
Topic: The Case for Gold as a Practical Investment
Replies: 55
Views: 5708

@Drain: Your argument seems 100% sound to me - you've made a values-related choice to focus on growth and not waste precious space on a particular hedge. To each their own :) Yeah, it's a personal decision, but I believe my thinking is good for most small investors. The more wealth you've already a...
by Noobvestor
Fri Oct 01, 2010 4:52 pm
Forum: Investing - Theory, News & General
Topic: [POLL] Who's switching from VFWIX to VGTSX?
Replies: 62
Views: 10090

nisiprius wrote:Do people really care that much about having some investment in Canada, or is it just The Principle of the Thing?
I do! I would like to retire there if this country goes to, erm ::adjusts vocab:: goes downhill ;)

@ Opp Proc: I agree entirely.
by Noobvestor
Fri Oct 01, 2010 4:00 pm
Forum: Investing - Theory, News & General
Topic: John Bogle admits to market timing in "Enough"
Replies: 75
Views: 8829

As per a parallel thread on which I just commented: Bogle also suggested in 2003 that folks shouldn't have more than *at most* 20% in the international market, and that for most investors there was no need to have any at all. His *lack* of flexibility in the face of obvious global trends at that poi...
by Noobvestor
Fri Oct 01, 2010 3:55 pm
Forum: Investing - Theory, News & General
Topic: Investing Internationally
Replies: 34
Views: 4023

Posted by Indices You have a point. But I live in America, so if it is reduced to rubble, I will probably be underneath the rubble. At that point I won't care about investing. Great point. If it comes to this, investing will be the last thing on anyone's mind. If Armageddon does happen to America, ...
by Noobvestor
Fri Oct 01, 2010 3:51 pm
Forum: Investing - Theory, News & General
Topic: Investing Internationally
Replies: 34
Views: 4023

Long run, I think one should hedge the degree of one's future consumption in foreign currencies. Your biggest retirement costs are probably housing and healthcare (rent, utilities, property taxes etc.) and those are USD costs. It's hard to estimate the number, but my best guess is around the percen...
by Noobvestor
Fri Oct 01, 2010 3:46 pm
Forum: Investing - Theory, News & General
Topic: Investing Internationally
Replies: 34
Views: 4023

Here is a very short inverview I found on You Tube with the man himself. He does address his views on international investing. I think I'll take his advice and stay the course. http://www.youtube.com/watch?v=J4utq_jiKjA Again, I'm so impresed with all the views. It is great to learn from you all. H...
by Noobvestor
Fri Oct 01, 2010 12:15 am
Forum: Investing - Theory, News & General
Topic: The Case for Gold as a Practical Investment
Replies: 55
Views: 5708

Interesting comments! I agree that most of the current rush to gold is based on recency bias. I actually thought for a moment: I should probably stop talking about it, because I'll feel bad if someone misunderstands my reasons for advocating it, buys a bunch now, and it loses value. So to clarify: I...
by Noobvestor
Thu Sep 30, 2010 11:49 pm
Forum: Investing - Theory, News & General
Topic: Investing Internationally
Replies: 34
Views: 4023

The only thing left to fall back on is the likelihood of political instability based on what has happened to the US in the past 100 years. It's been stable basically, at least from a political standpoint. There's been no coups, and no invasions by foreign armies. And returns have been decent. So I ...
by Noobvestor
Thu Sep 30, 2010 11:46 pm
Forum: Investing - Theory, News & General
Topic: Investing Internationally
Replies: 34
Views: 4023

Posted by Indices You have a point. But I live in America, so if it is reduced to rubble, I will probably be underneath the rubble. At that point I won't care about investing. Great point. If it comes to this, investing will be the last thing on anyone's mind. If Armageddon does happen to America, ...
by Noobvestor
Thu Sep 30, 2010 5:33 pm
Forum: Investing - Theory, News & General
Topic: Investing Internationally
Replies: 34
Views: 4023

There's a good reason why many are skeptical about investing in foreign equities. People forget what older generations remember as if it occurred yesterday. There are several people on this forum who were alive and well and fighting in the rubble of Europe. Most of us view Europe as a bastion of po...
by Noobvestor
Thu Sep 30, 2010 5:29 pm
Forum: Investing - Theory, News & General
Topic: Investing Internationally
Replies: 34
Views: 4023

Are you that confident in this one particular country that you'd worry about that? Just wondering Yes I am. The reason is because Warren Buffett and John Bogle basically say the same thing. Warren Buffett has been quoted as saying: "Never count the U.S. out, it will always come out on top" Another ...
by Noobvestor
Thu Sep 30, 2010 2:50 am
Forum: Investing - Theory, News & General
Topic: The Case for Gold as a Practical Investment
Replies: 55
Views: 5708

Viewed in isolation , I have yet to see a rational arguement put forward to justify investing in gold. Most of the arguments for investing in gold: Viewed in isolation, I find it hard to justify an investment in REIT - it goes up, down and all around. For that matter, the 500 index left its purists...
by Noobvestor
Thu Sep 30, 2010 1:27 am
Forum: Investing - Help with Personal Investments
Topic: How to protect a portfolio with S&P 500 Put options?
Replies: 19
Views: 2739

In short, I'm not worried about a "bond bubble" (I think that's over-hyped), I'm mostly worried about the opportunity cost of having less equity exposure. It's about prioritizing, knowing your needs and knowing your tolerances ... ask yourself this: if you think your business has a 75% chance of su...
by Noobvestor
Thu Sep 30, 2010 1:27 am
Forum: Investing - Help with Personal Investments
Topic: How to protect a portfolio with S&P 500 Put options?
Replies: 19
Views: 2739

In short, I'm not worried about a "bond bubble" (I think that's over-hyped), I'm mostly worried about the opportunity cost of having less equity exposure. It's about prioritizing, knowing your needs and knowing your tolerances ... ask yourself this: if you think your business has a 75% chance of su...
by Noobvestor
Thu Sep 30, 2010 1:22 am
Forum: Personal Finance (Not Investing)
Topic: What is your financial strategy?
Replies: 45
Views: 5363

My income is too unpredictable to have much of a strategy. My strategy is more about 'negatives' than 'positives' - don't buy a new car, don't overspend on rent and save whenever there is extra.
by Noobvestor
Thu Sep 30, 2010 1:21 am
Forum: Investing - Theory, News & General
Topic: The Case for Gold as a Practical Investment
Replies: 55
Views: 5708

I've been hanging around here for a bit now, and have yet to see a valid counter-argument to holding gold as a hedge. Even its detractors seem to concede it *at minimum* keeps up with inflation. And folks like Rick who advocate strongly for non-correlated assets, then ignore one of the most obvious ...
by Noobvestor
Thu Sep 30, 2010 1:18 am
Forum: Personal Finance (Not Investing)
Topic: LinkedIn: Is the paid or free membership worth it?
Replies: 30
Views: 4546

It's worth putting up a free profile for reputation management. LinkedIn (like Facebook and other big sites) ranks well on search engines, so when you put up a profile and someone Googles you they will get that result before, say, that drunken frat picture you never want anyone to see, or your littl...
by Noobvestor
Thu Sep 30, 2010 1:17 am
Forum: Investing - Theory, News & General
Topic: Investing Internationally
Replies: 34
Views: 4023

Bogle's worldview seems a bit dated here (sorry just an opinion!) ... the US's stake in the world economy is shrinking - any predictions aside, investing just 20% outside the US doesn't make sense to me. I know there are other reasons but ... worrying about how much the S&P draws from foreign source...
by Noobvestor
Wed Sep 29, 2010 5:30 pm
Forum: Investing - Help with Personal Investments
Topic: How to protect a portfolio with S&P 500 Put options?
Replies: 19
Views: 2739

I don't want to adjust my AA at this point, because that's a pretty bold move and I may not even need the money (I'm planning for worst case, but my business will likely replace my current corporate America salary in less than 12 months). My current allocation is 75% stock / 25% bond. I don't want ...
by Noobvestor
Wed Sep 29, 2010 5:09 pm
Forum: Investing - Help with Personal Investments
Topic: Rebalancing Question
Replies: 10
Views: 1698

Re: Rebalancing Question

sjb19 wrote:
rokeefe wrote: -International Stocks max of 20%
Many here, myself included, would disagree with this one.
That's a hugeeee overweight to the US. putting 80% into 40% of the world's markets? Scares me more than a hedge fund :) (j/k ... kinda)
by Noobvestor
Wed Sep 29, 2010 12:15 pm
Forum: Investing - Theory, News & General
Topic: Ultimate Buy and Hold - 8 slices vs 4
Replies: 733
Views: 330569

noobvestor wrote: Let's just assume for the moment that I'm right - heck, things go wild and the US crumbles slowly while China and Brazil become the dominant economic forces in the world by far. Now, my investing in them might not yield the same returns as living and working there, or investing in...
by Noobvestor
Wed Sep 29, 2010 11:31 am
Forum: Investing - Theory, News & General
Topic: VG Total International changes coming..
Replies: 145
Views: 29457

Thanks for the clarifications - somehow in jumping between threads and press releases I had thought I read they were switching it to track the *same* index ... must not have had enough coffee :) Couple of questions for anyone game to humor me a tad further, and perhaps help out some of the other noo...
by Noobvestor
Tue Sep 28, 2010 9:38 pm
Forum: Investing - Theory, News & General
Topic: VG Total International changes coming..
Replies: 145
Views: 29457

I look forward to even more interminable arguments about how it is different from Vanguard FTSE All-World ex-US Index (VFWIX) and which is better. Yeah me too. That and should we have short term bonds or long term or intermediate? Thanks for the laugh! INTERMEDIATE! j/k. But in all seriousness: are...
by Noobvestor
Tue Sep 28, 2010 9:23 pm
Forum: Investing - Theory, News & General
Topic: Ultimate Buy and Hold - 8 slices vs 4
Replies: 733
Views: 330569

I know I know, past, present, future, predictions, etc... but just for fun: http://quote.morningstar.com/fund/chart.aspx?t=VTSMX®ion=USA&culture=en-US&statePara=%7Bsecurities%3A%5B%7Bn%3A%22Vanguard%20Total%20Stock%20Mkt%20Idx%22%2Cids%3A%22FOUSA00FQU%7C0P00002SY4%7CCU%24%24%24%24%24USD%7C1%7C1%7...
by Noobvestor
Tue Sep 28, 2010 9:20 pm
Forum: Investing - Theory, News & General
Topic: Oh, Canada - Why Doesn't Vanguard Have a Fund for You?
Replies: 58
Views: 11052

Oh, Canada - Why Doesn't Vanguard Have a Fund for You?

Maybe it's a silly question - we're talking about one little piece of a very big world, after all - but I just can't figure out why funds like Developed Markets, etc... don't all include Canada (though I hear the Total International soon will, and know FTSE Ex-US does). Anyone have any thoughts on w...
by Noobvestor
Tue Sep 28, 2010 8:56 pm
Forum: Investing - Theory, News & General
Topic: Ultimate Buy and Hold - 8 slices vs 4
Replies: 733
Views: 330569

Lots of good points in there - some I agree with, others I'm not so sure about. I tend to get 'excited' during debates, so please keep in mind this is all friendly - not meant to be overly critical, just trying to debate and learn :) A) Global convergence - http://static.seekingalpha.com/uploads/201...
by Noobvestor
Tue Sep 28, 2010 2:49 pm
Forum: Investing - Theory, News & General
Topic: Ultimate Buy and Hold - 8 slices vs 4
Replies: 733
Views: 330569

Craig and Justin I admire the analysis you have put into your planned portfolios. I especially enjoyed looking at Craig's recent screencast.com M* style box breakdown of 4 portfolios (Trev's 4 fund, my 4 fund VG portfolio, and Craigs' portfolio which adds REIT and EM funds to my 4). I think it show...
by Noobvestor
Tue Sep 28, 2010 2:41 pm
Forum: Investing - Theory, News & General
Topic: Ultimate Buy and Hold - 8 slices vs 4
Replies: 733
Views: 330569

If we assume US and Europe to have a lot of correlation. I'm not sure where, but I've read people arguing recently that people make too much of the idea that globalization is bringing the world economies more into correlation. Superficially it's an appealing idea. In reality, the factors that effec...
by Noobvestor
Mon Sep 27, 2010 9:14 pm
Forum: Investing - Theory, News & General
Topic: "Treasuries must go down"
Replies: 59
Views: 10258

FWIW, I have a bit of a barbell. Since the only bond found in my 401k that's half decent is a short-term gov/credit, and being a fan of the Permanent Portfolio concept I have: 20% short-term gov/high-quality 5% TIP 5% TLT 5% JNK 2% IAU (and I have one gold coin) That gives me a weighted duration of...
by Noobvestor
Mon Sep 27, 2010 6:11 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Total Stock Market Index Fund (VTSMX/VTI)
Replies: 63
Views: 10291

I applaud those who can stick to their plan whatever it may be after a disappointing decade. All I can say is that it hasn't been a problem. A disappointing decade for some has been a stocks-on-sale decade for those in the accumulation phase. I'd rather collect cheap TSM shares than expensive SV or...
by Noobvestor
Mon Sep 27, 2010 5:19 pm
Forum: Investing - Help with Personal Investments
Topic: Anyone a closet active in an index world?
Replies: 39
Views: 5342

I think a huge percentage of the self-styled bogleheads aren't really. IMO you get disqualified if: * you own a small-cap fund with a weighting more than 1% (of your total equity portion). * you changed your debt securities in the last year to change their maturity or inflation protection. * you ow...
by Noobvestor
Mon Sep 27, 2010 5:13 pm
Forum: Investing - Help with Personal Investments
Topic: Questions about "cash" in an asset allocation
Replies: 22
Views: 5102

I'll defer to the experts, but I think cash's position here would be as another asset to rebalance out of/into, without touching your true "emergency fund." Cash has some value during a deflationary period, and would give you something to buy stocks with in the event both stocks and bonds went down...
by Noobvestor
Mon Sep 27, 2010 4:27 pm
Forum: Investing - Theory, News & General
Topic: VG Total International changes coming..
Replies: 145
Views: 29457

I'm with Steve on this question - now that they are changing Total International, won't people flood out of FTSE because of the ER, the front/back-end fees, etc...? Or do folks think they'll change all world ex-us to appease peeps like me who are POed about being stuck in it?
by Noobvestor
Mon Sep 27, 2010 1:09 am
Forum: Investing - Theory, News & General
Topic: Ultimate Buy and Hold - 8 slices vs 4
Replies: 733
Views: 330569

I guess I'm not sure why you are connecting your concern about overweighting U.S. equity to your emerging markets allocation (as the solution). If you don't want to overweight U.S. equity, the solution is not to tilt more towards emerging markets. The solution is to tilt more towards international ...
by Noobvestor
Sun Sep 26, 2010 11:37 pm
Forum: Investing - Theory, News & General
Topic: Alan Greenspan's Dire Warning
Replies: 53
Views: 7367

::Lurks and wonders if this tenuous thread can survive - hopes it does:: The name of this forum is: Theory, News & General. I think that this thread is just one more example of why it can be so difficult to separate politics from economic and investing "theory" and "the news", without some politica...
by Noobvestor
Sun Sep 26, 2010 11:32 pm
Forum: Investing - Help with Personal Investments
Topic: Help ! Roth and 403b ?
Replies: 23
Views: 2626

goldfinger22 wrote:Is this what was needed ?
Tickers (e.g. VTBMX) would be helpful - and some of this stuff too: http://www.bogleheads.org/forum/viewtop ... =6212//url
by Noobvestor
Sun Sep 26, 2010 11:31 pm
Forum: Investing - Theory, News & General
Topic: Ultimate Buy and Hold - 8 slices vs 4
Replies: 733
Views: 330569

Some really great thoughts there CB - I greatly appreciate your weighing in on this. I actually have books by the folks you mentioned plus a few others, mostly recommended in various places on this site - I'm going to add as a rule that I won't make any final decisions until I finish 'em (I'm a fast...
by Noobvestor
Sun Sep 26, 2010 11:17 pm
Forum: Investing - Theory, News & General
Topic: Gold & Financial Assets: Any Safe Havens in Bear Markets
Replies: 7
Views: 1488

Re: Gold a bubble, not even close

Here is a link to an upcoming newsletter for those who believe gold is a valid financial asset. Michael Kosares has always been level headed and insightful. It is entitled, "Gold a bubble, not even close." http://www.usagold.com/cpmforum/?p=179334 In my opinion, all financial assets are risky, not ...