Search found 1363 matches

by Silence Dogood
Wed Apr 29, 2020 5:14 pm
Forum: Personal Investments
Topic: Holding Gold as "Doomsday Fund"
Replies: 121
Views: 5035

Re: Holding Gold as "Doomsday Fund"

Jack FFR1846 wrote:
Wed Apr 29, 2020 8:12 am
Think about it. If things got so bad that money became worthless, what would be useful?
Social capital.
by Silence Dogood
Tue Apr 28, 2020 6:23 pm
Forum: Personal Investments
Topic: Holding Gold as "Doomsday Fund"
Replies: 121
Views: 5035

Re: Holding Gold as "Doomsday Fund"

bovineplane wrote:
Tue Apr 28, 2020 4:27 pm
livesoft wrote:
Tue Apr 28, 2020 4:20 pm
I don't think anyone was able to use their gold bars to buy toilet paper recently.
They didn't use guns for TP either. Doesn't mean one shouldn't have a firearm if SHTF.
I'm pretty sure toilet paper would be more useful in such a situation.
by Silence Dogood
Tue Apr 28, 2020 5:30 pm
Forum: Personal Investments
Topic: Holding Gold as "Doomsday Fund"
Replies: 121
Views: 5035

Re: Holding Gold as "Doomsday Fund"

Which has me thinking . . . I'm considering buying $100,000 in physical gold and $10,000 in silver coins. I wouldn't consider it as part of my portfolio, but an insurance policy against "the worst." I know gold as an investment has generally been a stinker. It doesn't do anything productive; it doe...
by Silence Dogood
Sun Apr 26, 2020 2:00 pm
Forum: Personal Investments
Topic: Are ETFs Really That Safe?
Replies: 61
Views: 7750

Re: Are ETFs Really That Safe?

I would still like to see the data on any differences between investor returns for ETFs versus their mutual fund equivalents (e.g., investor returns for VTI versus VTSAX). I wonder if there are any significant differences. Does anyone know where this data can be found? There's no robust data that I...
by Silence Dogood
Sun Apr 26, 2020 11:49 am
Forum: Personal Investments
Topic: Are ETFs Really That Safe?
Replies: 61
Views: 7750

Re: Are ETFs Really That Safe?

I would still like to see the data on any differences between investor returns for ETFs versus their mutual fund equivalents (e.g., investor returns for VTI versus VTSAX).

I wonder if there are any significant differences.

Does anyone know where this data can be found?
by Silence Dogood
Fri Apr 24, 2020 5:02 pm
Forum: Investing - Theory, News & General
Topic: A downside to target retirement funds?
Replies: 47
Views: 5270

Re: A downside to target retirement funds?

firebirdparts wrote:
Mon Apr 20, 2020 3:50 pm
Personally, I would rather have two separate funds and then buy the one that's too low and sell the one that's too high.
That's... exactly what Target Retirement funds do.

Or are you just stating a preference for doing it yourself?
by Silence Dogood
Sun Apr 12, 2020 7:30 pm
Forum: Personal Consumer Issues
Topic: Improving online security
Replies: 69
Views: 4164

Re: Improving online security

People who own property usually keep some kind of proof of ownership, why not do that for a retirement account? Real estate property deeds are notarized and then filed into the public record. If Vanguard notarized every statement they sent you and then filed it with the local courthouse, then it mi...
by Silence Dogood
Sun Apr 12, 2020 7:26 pm
Forum: Personal Finance (Not Investing)
Topic: Holding EF in something other than cash?
Replies: 32
Views: 1751

Re: Holding EF in something other than cash?

I keep my emergency fund in an FDIC-insured savings account. I've considered using Series I savings bonds for my emergency fund, but I have concerns about liquidity. As I understand it, it used to be possible to buy (paper) savings bonds at the bank/credit union. It's too bad that it's not possible...
by Silence Dogood
Sun Apr 12, 2020 2:45 pm
Forum: Investing - Theory, News & General
Topic: The One-Fund Portfolio as a default suggestion
Replies: 310
Views: 46283

Re: The One-Fund Portfolio as a default suggestion

I am invested in the Vanguard Target Retirement 2055 fund (VFFVX).

It's the only fund I've ever owned in my Roth IRA - which I opened soon after I turned 20.

Stay the course! :beer
by Silence Dogood
Sun Apr 12, 2020 11:53 am
Forum: Investing - Theory, News & General
Topic: "The Day the Bubble Burst," eBook flash sale, $1.99
Replies: 11
Views: 1493

Re: "The Day the Bubble Burst," eBook flash sale, $1.99

Thank you, nisiprius.

I have "Kindle eBook Credit" that expires soon. This is a good way to use it.
by Silence Dogood
Sat Apr 11, 2020 10:39 am
Forum: Personal Finance (Not Investing)
Topic: Holding EF in something other than cash?
Replies: 32
Views: 1751

Re: Holding EF in something other than cash?

I keep my emergency fund in an FDIC-insured savings account. I've considered using Series I savings bonds for my emergency fund, but I have concerns about liquidity. As I understand it, it used to be possible to buy (paper) savings bonds at the bank/credit union. It's too bad that it's not possible ...
by Silence Dogood
Fri Apr 10, 2020 6:46 pm
Forum: Personal Consumer Issues
Topic: Improving online security
Replies: 69
Views: 4164

Re: Improving online security

Regarding the examples you provided, simply keeping a copy of your statements can help to mitigate against those risks. I don't see how copies of statements would mitigate those risks. How does an account owner prove those statements are authentic? The keyword is " mitigate ". As far as authenticit...
by Silence Dogood
Wed Apr 08, 2020 8:29 pm
Forum: Investing - Theory, News & General
Topic: Investment Gems from "The Little Book of Common Sense Investing - 10th Anniversary Edition" A Gem
Replies: 15
Views: 1446

Re: Investment Gems from "The Little Book of Common Sense Investing - 10th Anniversary Edition" A Gem

I have said often on this forum that this book changed my life. This book changed my life, too - in large part by introducing me to the Bogleheads. Picking it up off the bookshelf at the library was one of the best decisions I've ever made. This is why, after Mr. Bogle's death on January 16, 2019, ...
by Silence Dogood
Mon Apr 06, 2020 9:57 pm
Forum: Investing - Theory, News & General
Topic: Predictions for the next 6 months (spoiler: interest rates will rise)
Replies: 46
Views: 2815

Re: Predictions for the next 6 months (spoiler: interest rates will rise)

It is impossible to predict future interest rates. Well, not quite. The best prediction of tomorrow's interest rate is the yield curve. What good is "best prediction" though? Has the yield curve accurately predicted future interest rates in the past? Perhaps I should have written: It is impossible ...
by Silence Dogood
Mon Apr 06, 2020 9:33 pm
Forum: Investing - Theory, News & General
Topic: Predictions for the next 6 months (spoiler: interest rates will rise)
Replies: 46
Views: 2815

Re: Predictions for the next 6 months (spoiler: interest rates will rise)

It is impossible to predict future interest rates.

People have been saying "interest rates can only go up" for over a decade.
by Silence Dogood
Sun Apr 05, 2020 7:38 pm
Forum: Personal Consumer Issues
Topic: No sports but cable bills unchanged
Replies: 86
Views: 6132

Re: No sports but cable bills unchanged

While this will probably accelerate the death of the cable subscription model, it seems ridiculous that currently everyone in the chain is getting paid while the subscriber is getting nothing for the portion of their bill allocated to sports. Time to put pressure on the cable companies? Complain to...
by Silence Dogood
Thu Apr 02, 2020 7:05 pm
Forum: Investing - Theory, News & General
Topic: Smarter approach to "emergency funds"?
Replies: 114
Views: 9260

Re: Smarter approach to "emergency funds"?

If it's so simple to just hold seven months instead of six, isn't it just as simple or simpler to add another month over every 135 months to keep up with inflation? For someone with $5k monthly expenses, it would require simply cutting expenses by less than $9 per week and always adding it to the f...
by Silence Dogood
Wed Apr 01, 2020 5:07 pm
Forum: Investing - Theory, News & General
Topic: BOGLEHEAD CONTEST -- 2020 First Quarter Winners
Replies: 11
Views: 1242

Re: Lifestyle changes caused by the coronavirus

I was scheduled to visit my cancer doctor at the hospital to see if a recent PET scan showed a recurrence. Instead, my son, who lives nearby, set up an audio conference between my office and the doctor. Good news: No cancer recurrence! I'm happy to hear this! :happy (Both that you're in good health...
by Silence Dogood
Wed Apr 01, 2020 11:25 am
Forum: Investing - Theory, News & General
Topic: BOGLEHEAD CONTEST -- 2020 First Quarter Winners
Replies: 11
Views: 1242

Re: BOGLEHEAD CONTEST -- 2020 First Quarter Winners

Here's hoping for better times ahead...

Taylor - I hope you are staying safe and healthy. Have you made arrangements for grocery deliveries, etc.?

Please reach out if you need assistance.
by Silence Dogood
Tue Mar 31, 2020 6:01 pm
Forum: Personal Consumer Issues
Topic: Improving online security
Replies: 69
Views: 4164

Re: Improving online security

Is there any data on how common it is for an individual to have funds from financial accounts stolen through hacking? Well, we hadn't had a serious pandemic in over 100 years... until we did. This doesn't support your point. It's not practical to protect yourself against every 1 in 100 year black s...
by Silence Dogood
Sun Mar 29, 2020 8:25 pm
Forum: Personal Consumer Issues
Topic: Improving online security
Replies: 69
Views: 4164

Re: Improving online security

oldfort wrote:
Mon Mar 09, 2020 6:06 pm
Is there any data on how common it is for an individual to have funds from financial accounts stolen through hacking?
Well, we hadn't had a serious pandemic in over 100 years... until we did.
by Silence Dogood
Sun Mar 29, 2020 8:12 pm
Forum: Personal Consumer Issues
Topic: Improving online security
Replies: 69
Views: 4164

Re: Improving online security

Long, complex passwords don’t protect you from key loggers or falling for a phishing attempt and entering your password into www.fakevanguard.com. Best practice is to never click on any links to access your accounts. Also, use a password manager so that you don't have to type your passwords in.
by Silence Dogood
Sat Mar 28, 2020 8:34 pm
Forum: Personal Investments
Topic: Do Target Date funds with bonds still make sense now?
Replies: 38
Views: 2041

Re: Do Target Date funds with bonds still make sense now?

vipertom1970 wrote:
Sat Mar 28, 2020 7:41 pm
Silence Dogood wrote:
Sat Mar 28, 2020 6:30 pm
People seem to love to hate on bonds...
I would say 90% of people on BH love bonds and even recommend to newbies in their 20s to have 20% bonds.
Bogleheads are constantly having to defend bonds, usually due to fundamental misunderstandings.
by Silence Dogood
Sat Mar 28, 2020 6:30 pm
Forum: Personal Investments
Topic: Do Target Date funds with bonds still make sense now?
Replies: 38
Views: 2041

Re: Do Target Date funds with bonds still make sense now?

dave1054 wrote:
Sat Mar 28, 2020 6:20 pm
To me, I find bonds just as risky with less upside than stocks. Just saying....
Just as risky as stocks? :confused Please explain.

People seem to love to hate on bonds...
by Silence Dogood
Wed Mar 25, 2020 9:57 pm
Forum: Investing - Theory, News & General
Topic: Smarter approach to "emergency funds"?
Replies: 114
Views: 9260

Re: Smarter approach to "emergency funds"?

Is a one month loss of purchasing power - over the course of 135 months - really that bad though? Perhaps not, but the difference between seeing your purchasing power shrink 15% versus grow by 40% feels like something many households would notice. Well, it's all personal preference I suppose. I pre...
by Silence Dogood
Wed Mar 25, 2020 8:04 pm
Forum: Investing - Theory, News & General
Topic: Smarter approach to "emergency funds"?
Replies: 114
Views: 9260

Re: Smarter approach to "emergency funds"?

Most people seem to assume that the emergency fund should be placed in a VERY conservative savings vehicle, like a high-yield savings account or money market account. I don't necessarily agree. The thing about an emergency fund is that it's dedicated use is to cover unexpected financial shocks. The...
by Silence Dogood
Wed Mar 25, 2020 5:52 pm
Forum: Investing - Theory, News & General
Topic: "Expect Trouble"
Replies: 28
Views: 3584

Re: "Expect Trouble"

I had never heard of this person (Ann Landers). She was the identical twin sister of the original "Dear Abby" (who is the mother of the current "Dear Abby"). I'm a few years younger than Mr. Larimore, but I grew up reading Landers's column in The (Baltimore) Evening Sun as a kid in the 1970s and 19...
by Silence Dogood
Wed Mar 25, 2020 4:25 pm
Forum: Investing - Theory, News & General
Topic: "Expect Trouble"
Replies: 28
Views: 3584

Re: "Expect Trouble"

caffeperfavore wrote:
Wed Mar 25, 2020 11:54 am
Silence Dogood wrote:
Wed Mar 25, 2020 11:44 am
Taylor,

I had never heard of this person (Ann Landers).

Thank you for sharing!
Funny, because she was sort of a modern day Silence Dogood with less humor.
Indeed! I guess she was after my time. :P
by Silence Dogood
Wed Mar 25, 2020 11:44 am
Forum: Investing - Theory, News & General
Topic: "Expect Trouble"
Replies: 28
Views: 3584

Re: "Expect Trouble"

Taylor,

I had never heard of this person (Ann Landers).

Thank you for sharing!
by Silence Dogood
Sun Mar 22, 2020 11:04 am
Forum: Personal Investments
Topic: Why does the 4% rule work when the markets have huge corrections
Replies: 51
Views: 3388

Re: Why does the 4% rule work when the markets have huge corrections

Maybe we should stop calling it the "4% rule" and replace that with the "4% observation" so it sounds less like one of Newton's laws. I like this idea! I think this is a long-overdue change in phrasing that might help prevent misconceptions. Let's all start using this: "The 4% observation." When I ...
by Silence Dogood
Sun Mar 22, 2020 9:07 am
Forum: Personal Investments
Topic: Why does the 4% rule work when the markets have huge corrections
Replies: 51
Views: 3388

Re: Why does the 4% rule work when the markets have huge corrections

gtd98765 wrote:
Sun Mar 22, 2020 8:41 am
Maybe we should stop calling it the "4% rule" and replace that with the "4% observation" so it sounds less like one of Newton's laws.
I like this idea! I think this is a long-overdue change in phrasing that might help prevent misconceptions.

Let's all start using this: "The 4% observation."
by Silence Dogood
Sat Mar 21, 2020 11:09 pm
Forum: Investing - Theory, News & General
Topic: It's ok to do nothing
Replies: 20
Views: 2290

Re: It's ok to do nothing

JustinR wrote:
Sat Mar 21, 2020 10:41 pm
It's ok to do nothing.
I've been doing a good job with this!
JustinR wrote:
Sat Mar 21, 2020 10:41 pm
  • Don't look at your investments at all until we're out of the woods
I haven't checked since my last statement. I will check my quarterly statement, as per usual, when it's generated in early April.

Should be... fun... :shock:
by Silence Dogood
Thu Mar 19, 2020 11:59 am
Forum: Investing - Theory, News & General
Topic: 2020 COVID Crash Lessons
Replies: 157
Views: 12801

Re: 2020 COVID Crash Lessons

This crash has given me a large dose of confirmation bias that my current strategy works for me.
by Silence Dogood
Mon Mar 16, 2020 3:59 pm
Forum: Personal Investments
Topic: Anyone Rebalancing Today, 3/16/20?
Replies: 36
Views: 2150

Re: Anyone Rebalancing Today, 3/16/20?

Vanguard rebalanced for me (VFFVX).
by Silence Dogood
Mon Mar 16, 2020 1:33 pm
Forum: Investing - Theory, News & General
Topic: Gold is taking a monster hit
Replies: 64
Views: 5434

Re: Gold is taking a monster hit

Important reminder: Past correlation is no guarantee of future correlation.
by Silence Dogood
Sun Mar 15, 2020 12:18 pm
Forum: Investing - Theory, News & General
Topic: Deploying your emergency fund to buy stocks? Think again.
Replies: 183
Views: 29424

Re: Deploying your emergency fund to buy stocks? Think again.

Excellent post, willthrill81!

Can this thread be temporarily pinned?
by Silence Dogood
Sat Mar 14, 2020 7:29 pm
Forum: Investing - Theory, News & General
Topic: Behavior of ETF’s in last weeks market panic
Replies: 22
Views: 2113

Re: Behavior of ETF’s in last weeks market panic

OP,

You may be interested in this recent thread.
alex_686 wrote:
Sat Mar 14, 2020 12:21 pm
Former mutual fund accountant here.
Do you have a grudge against your former co-workers? :P
by Silence Dogood
Sat Mar 14, 2020 3:46 pm
Forum: Investing - Theory, News & General
Topic: Lifecycle Investing - Still the Right Strategy
Replies: 82
Views: 4003

Re: Lifecycle Investing - Still the Right Strategy

So it can really boil down to the target retirement fund. This has better temporal diversification than just contributing to a fixed allocated fund. But one can do even better by "breaking the ceiling" and going more aggressive at the start (say 200%) and more conservative at the end (say 20%). Per...
by Silence Dogood
Sat Mar 14, 2020 2:16 pm
Forum: Investing - Theory, News & General
Topic: Lifecycle Investing - Still the Right Strategy
Replies: 82
Views: 4003

Re: Lifecycle Investing - Still the Right Strategy

So it can really boil down to the target retirement fund. This has better temporal diversification than just contributing to a fixed allocated fund. But one can do even better by "breaking the ceiling" and going more aggressive at the start (say 200%) and more conservative at the end (say 20%). Per...
by Silence Dogood
Sat Mar 14, 2020 10:17 am
Forum: Personal Consumer Issues
Topic: How capable is public broadband of supporting increased usage?
Replies: 38
Views: 1951

Re: How capable is public broadband of supporting increased usage?

I'm not too concerned, but I do have a TV antenna and my emergency radio is fully charged.
by Silence Dogood
Fri Mar 13, 2020 10:42 pm
Forum: Investing - Theory, News & General
Topic: Lifecycle Investing - Still the Right Strategy
Replies: 82
Views: 4003

Re: Lifecycle Investing - Still the Right Strategy

I sometimes see comments that ask where are the "100% stocks" and " leveraged " posts when the market is down. I felt it's useful to let people know that the lifecycle strategy is an approach designed to work well through both the ups and the downs . Specifically regarding leverage, wasn't that the...
by Silence Dogood
Fri Mar 13, 2020 9:39 pm
Forum: Investing - Theory, News & General
Topic: Lifecycle Investing - Still the Right Strategy
Replies: 82
Views: 4003

Re: Lifecycle Investing - Still the Right Strategy

I sometimes see comments that ask where are the "100% stocks" and " leveraged " posts when the market is down. I felt it's useful to let people know that the lifecycle strategy is an approach designed to work well through both the ups and the downs . Specifically regarding leverage, wasn't that the...
by Silence Dogood
Thu Mar 12, 2020 8:26 pm
Forum: Personal Investments
Topic: Who is staying course and how are you dealing with net worth going down?
Replies: 359
Views: 25905

Re: Who is staying course and how are you dealing with net worth going down?

Jack Bogle: “The courage to press on regardless – regardless of whether we face calm seas or rough seas, and especially when the market storms howl around us - is the quintessential attribute of the successful investor.”
Stay the course!
by Silence Dogood
Thu Mar 12, 2020 7:55 pm
Forum: Investing - Theory, News & General
Topic: Behavior of ETF’s in last weeks market panic
Replies: 22
Views: 2113

Re: Behavior of ETF’s in last weeks market panic

MikeG62 wrote:
Mon Mar 02, 2020 9:02 pm
I was thinking about mainstream ETF’s. Any of those with pricing anomalies?
BND (Vanguard Total Bond Market ETF).
by Silence Dogood
Wed Mar 11, 2020 11:22 pm
Forum: Investing - Theory, News & General
Topic: "Designing Your "Glide Path"
Replies: 44
Views: 6157

Re: "Designing Your "Glide Path"

Do you agree with the idea that one should determine their asset allocation based on their ability to take risks? Not quite. If you're referring to this need, willingness and ability thing, this never really talked to me. I was intentional in only stating "ability" ... Then I would disagree even mo...
by Silence Dogood
Wed Mar 11, 2020 11:01 pm
Forum: Investing - Theory, News & General
Topic: "Designing Your "Glide Path"
Replies: 44
Views: 6157

Re: "Designing Your "Glide Path"

What do YOU think? Maybe you could answer Taylor's question (what's your glide path - or lack thereof; and why) as well? I think that my ability to take on risk is higher now than it will (most likely) be in the future. My strategy is boring but effective: brute-force savings into a target retireme...
by Silence Dogood
Wed Mar 11, 2020 10:27 pm
Forum: Investing - Theory, News & General
Topic: "Designing Your "Glide Path"
Replies: 44
Views: 6157

Re: "Designing Your "Glide Path"

...why do you think this became the conventional wisdom? Why did this become ingrained? Hm, good question. I am pretty sure one key aspect of the answer is that many people (including many so-called experts) keep confusing real life risk s with academic risk (i.e. volatility) and draw all sorts of ...
by Silence Dogood
Wed Mar 11, 2020 5:43 pm
Forum: Investing - Theory, News & General
Topic: "Designing Your "Glide Path"
Replies: 44
Views: 6157

Re: "Designing Your "Glide Path"

I wish Jim D. had elaborated a little more on possible pros & cons of various approaches, but just seeing that such a long list of possibilities exists is refreshing, and a good trigger for people to think beyond (not-so-wise) 'common wisdom' . Personally, I am in-between #4 ( Why Decrease Stocks A...