Search found 295 matches

by Liquid
Fri Jan 20, 2012 12:45 am
Forum: Personal Investments
Topic: Need help to set a course or stay the course
Replies: 4
Views: 519

Re: Need help to set a course or stay the course

It was my understanding that by diversifying in equity classes that poorly correlate with the market and each other (ex: SCV / INT / REIT), one can reduce total portfolio risk, although the risk individually is higher. This is true, ok so your plan my decrease volatility mildly. Global correlations...
by Liquid
Fri Jan 20, 2012 12:33 am
Forum: Personal Investments
Topic: How have the BOGLEHEADS helped you?
Replies: 67
Views: 6458

Re: How have the BOGLEHEADS helped you?

This site is, at a minimum, worth the weight of its servers in gold.
by Liquid
Fri Jan 20, 2012 12:25 am
Forum: Investing - Theory, News & General
Topic: What is risk? Define risk in your own words?
Replies: 52
Views: 5686

Re: What is risk? Define risk in your own words?

Risk is the possibility of not achieving an expected outcome.
by Liquid
Fri Jan 20, 2012 12:22 am
Forum: Personal Investments
Topic: When do you invest in your Roth?
Replies: 87
Views: 7245

Re: When do you invest in your Roth?

ASAP.
by Liquid
Fri Jan 20, 2012 12:21 am
Forum: Investing - Theory, News & General
Topic: How much do you tilt?
Replies: 79
Views: 7101

Re: How much do you tilt?

So much tilt here... perhaps there is an impending SCV bubble.
by Liquid
Fri Jan 20, 2012 12:11 am
Forum: Investing - Theory, News & General
Topic: "Why 'stay the course' still makes sense."
Replies: 4
Views: 985

Re: "Why 'stay the course' still makes sense."

Stay the course still makes sense until it doesn't. Many foreign markets have not had our luck and have folded, it is easy to feel justified on the rebound after massive government(s) interventions to avoid the financial apocalypse.
by Liquid
Fri Jan 20, 2012 12:04 am
Forum: Investing - Theory, News & General
Topic: Most Financial Planners Don't Actually Do Planning
Replies: 102
Views: 10010

Re: Most Financial Planners Don't Actually Do Planning

A very important issue. Become your own financial planner.
by Liquid
Fri Jan 20, 2012 12:00 am
Forum: Personal Investments
Topic: Tax sheltering, asset allocations, & other newbie questions
Replies: 60
Views: 5122

Re: Tax sheltering, asset allocations, & other newbie questi

I would put as much as possible in tax-advantaged accounts. Highest expected return in the roth. Remember the goal is not tax efficiency (a common mistake on this board), rather highest after tax returns. With your low contributions you may wind up with zero in taxable accounts, which would be just ...
by Liquid
Thu Jan 19, 2012 11:51 pm
Forum: Investing - Theory, News & General
Topic: Emergency Fund or Roth
Replies: 11
Views: 1556

Re: Emergency Fund or Roth

Depends on your job security, and the size of your parents basement. Fund the roth if you can.
by Liquid
Thu Jan 19, 2012 11:48 pm
Forum: Personal Investments
Topic: Saving to pay cash for car
Replies: 28
Views: 2250

Re: Saving to pay cash for car

Pay cash.
by Liquid
Thu Jan 19, 2012 11:45 pm
Forum: Personal Investments
Topic: Need help to set a course or stay the course
Replies: 4
Views: 519

Re: Need help to set a course or stay the course

After much reading, learning and reflection, I'm looking to lock in an investment plan and just adjust S/B ratio for glide path as I age (currently 30). Basically, I'd like to stay the course for the remainder of my investing years. Now, considering all the models, 3Fund, Core4, 4X25, Ultimate Buy/...
by Liquid
Thu Jan 19, 2012 11:34 pm
Forum: Investing - Theory, News & General
Topic: Capital One to acquire ING Direct
Replies: 52
Views: 11943

Re:

Capital One = future FEES FEES and more FEES! As much as I hate big banks, which Cap One qualifies as one now... hasn't Cap One online banking actually been better than ING? There are no fees as far as I can tell, and the APY is higher... Yeah, I am no fan of Big Banks either, but I have been prett...
by Liquid
Thu Jan 19, 2012 11:14 pm
Forum: Investing - Theory, News & General
Topic: Allan Roth's 2nd Article on DFA
Replies: 103
Views: 9195

Re: Allan Roth's 2nd Article on DFA

Note my own firm recently switched to Bridgeway Omni SV funds because we believe they are better designed. ...In fact we have a fiduciary duty to our clients to do just that. Best wishes Larry Vs. VBR: Worse performance ( -2.74 vs -0.3 over 5yrs), higher fees (0.87 vs 0.23), higher turnover (84% vs...
by Liquid
Thu Jan 19, 2012 10:49 pm
Forum: Investing - Theory, News & General
Topic: Allan Roth's 2nd Article on DFA
Replies: 103
Views: 9195

Re: Allan Roth's 2nd Article on DFA

I would also add this, the strong returns from 2003-07 allowed many investors working with advisors who continually monitor plans... were able to lower their equity allocation before the bear market hit in 2008. Running MC simulations showed that this was possible. There are lots of stories like th...
by Liquid
Sun Jan 15, 2012 8:04 pm
Forum: Personal Finance (Not Investing)
Topic: Real Estate Advice
Replies: 26
Views: 1911

Re: Real Estate Advice

TRC wrote:Before doing this, it might be worth your while to read the section called "financial outpatient care" from the book Millionare Next door.
1+
by Liquid
Sun Jan 15, 2012 11:32 am
Forum: Personal Investments
Topic: Help choosing 457 providers?
Replies: 4
Views: 1784

Help choosing 457 providers?

Hi everyone, I have four 457 choices available. Do you have any recommendations amongst these options (in no particular order)?

1) ING Financial Advisors.

2) Lincoln Financial Group.

3) VALIC.

4) Nationwide Retirement Solutions.
by Liquid
Thu Jan 12, 2012 10:26 pm
Forum: Personal Consumer Issues
Topic: Do you own Apple products?
Replies: 114
Views: 8205

Re: Do you own Apple products?

Happy to support an American company that actually leads in quality and design. :beer
by Liquid
Thu Jan 12, 2012 10:23 pm
Forum: Personal Consumer Issues
Topic: Twenty-one hour work week
Replies: 68
Views: 6153

Re: Twenty-one hour work week

paddyshack wrote:Who works only 40 hrs in a week? I'd be stoked to work only 40!
1+
by Liquid
Thu Jan 12, 2012 10:20 pm
Forum: Personal Investments
Topic: 19 (now 20 years old) 100% stocks AA review
Replies: 52
Views: 4682

Re: 19 (now 20 years old) 100% stocks AA review

As to the original question... Go hard or go home! Seriously though, if you want to go 100% it is best to do it when you are young and can learn about your risk tolerance before there is much on the line. It is NOT a bad idea if you understand the risk, eg with a 90% decline you will not sell, but w...
by Liquid
Thu Jan 12, 2012 10:15 pm
Forum: Personal Investments
Topic: 19 (now 20 years old) 100% stocks AA review
Replies: 52
Views: 4682

Re: 19 (now 20 years old) 100% stocks AA review

I don't have a HUGE quarrel about 100% stocks at your age. Key point is that you are way ahead of 95% of your peers. The problem with being 100% is that you cannot take money out of stocks during periods of irrational exuberance. And you can't rebalance significant amounts of money BACK INTO stocks...
by Liquid
Thu Jan 12, 2012 9:56 pm
Forum: Personal Investments
Topic: My Tax-Inefficient Portfolio
Replies: 17
Views: 1831

Re: My Tax-Inefficient Portfolio

Would caution overweighting/performance chasing of emerging markets, they seem to be in a bubble.

Would get rid of small cap growth, the worst performing class in market history.

Would not speculate on the energy sector.

My 2c.
by Liquid
Thu Jan 12, 2012 6:56 pm
Forum: Personal Finance (Not Investing)
Topic: Millionaire Next Door
Replies: 74
Views: 16677

Re: Millionaire Next Door

Valuethinker wrote: Yes. But I know a lot of wealthy lawyers and doctors, and, indeed, they drive Mercedes and BMWs and live in excellent neighbourhoods (where the housing values hold up better in any case).
Wealthy or spendy? I know many docs who have little if any savings while driving "wealthy" cars...
by Liquid
Wed Jan 04, 2012 1:37 pm
Forum: Investing - Theory, News & General
Topic: Thinking Fast and Slow
Replies: 80
Views: 6846

Re: Thinking Fast and Slow

Swedroe's article mentions how often doctor's expert diagnosis is wrong, about 40%. There is an excellent book on how often "experts" are wrong. It is entitled Wrong by David Freedman. It is well worth reading as well. I'll take a look at that. I follow some medical-health forums, and something tha...
by Liquid
Wed Jan 04, 2012 11:50 am
Forum: Investing - Theory, News & General
Topic: Shelter Your Bonds? Think again.
Replies: 34
Views: 6562

Re:

I don't think I've paid $500 in taxes total on stocks/bonds in my entire life. This simply isn't a relevant subject to most investors. Most investors don't have a taxable account at all, and many of those who do shouldn't. Much like these arguments about whether to put higher returning asset classe...
by Liquid
Wed Jan 04, 2012 11:06 am
Forum: Investing - Theory, News & General
Topic: Hilarious YouTube about Working on Wall Street
Replies: 5
Views: 1020

Re: Hilarious YouTube about Working on Wall Street

... no more spreads.... All I want to do is retire...

boo hoo :cry:
by Liquid
Wed Jan 04, 2012 8:25 am
Forum: Personal Finance (Not Investing)
Topic: Best Credit Cards, 2012 edition
Replies: 30
Views: 4694

Re: Best Credit Cards, 2012 edition

Fidelity AMEX, Fidelity Visa.
by Liquid
Mon Jan 02, 2012 11:51 pm
Forum: Personal Investments
Topic: What would you change if you had a 9-figure portfolio?
Replies: 31
Views: 3253

Re: What would you change if you had a 9-figure portfolio?

superthan34 wrote:I would invest half of it in low risk mutual funds and then take the other half over to my friend Asadulah who works in securities...
+1 :lol
by Liquid
Wed Dec 28, 2011 11:24 pm
Forum: Personal Investments
Topic: Portfolio Review - On Track for Early Retirement?
Replies: 12
Views: 1432

Re: Portfolio Review - On Track for Early Retirement?

Wagnerjb wrote:Hi JeffX: your portfolio looks excellent... Using a conservative 3% withdrawal that means you need $1.3 million.
$1.3 million NOW, in 35 years... 5.1 million will be required for the same lifestyle.
by Liquid
Tue Dec 27, 2011 10:10 pm
Forum: Investing - Theory, News & General
Topic: New 30-year market forecast
Replies: 52
Views: 5618

Re: New 30-year market forecast

Rick is there any reason to choose PE as the valuation method for the US market? P/B ratios do not look attractive with both large and small blend both ~ 2, near the historical peaks of 1970 and late 1990s.
by Liquid
Sat Dec 17, 2011 9:25 am
Forum: Personal Investments
Topic: Holding bonds in a taxable account question
Replies: 7
Views: 704

Re: Holding bonds in a taxable account question

Tax efficient placement is not the same as highest after tax return.
by Liquid
Thu Dec 15, 2011 12:26 pm
Forum: Personal Investments
Topic: Why would anyone buy hedge funds?
Replies: 37
Views: 3213

Re: Why would anyone buy hedge funds?

Prestige, exclusivity, greed.
by Liquid
Thu Dec 15, 2011 12:23 pm
Forum: Investing - Theory, News & General
Topic: Gold continues to fall
Replies: 178
Views: 18831

Re: Gold continues to fall

Gold metal doesn't tarnish, but gold as an "investment" has definitely lost some of its shine. Gold continues to work well as an investment... and continues to be misunderstood. Zero return over the very very long haul, however very volatile with ample chance to book profits for the patient and dis...
by Liquid
Tue Dec 13, 2011 7:50 pm
Forum: Investing - Theory, News & General
Topic: How a financial planner lost his home
Replies: 203
Views: 18765

Re: How a financial planner lost his home

Carl Richards sent me an advanced copy of his forthcoming book, The Behavior Gap: Simple Ways to Stop Doing Dumb Things with Money . It was funny, easy to read, and reminded me of Bill Schulthies book, The Coffeehouse Investor . I highly recommend it. Rick Ferri I will NOT be purchasing this book, ...
by Liquid
Sun Dec 11, 2011 10:47 am
Forum: Investing - Theory, News & General
Topic: Homeownership ---> Less TIPS?
Replies: 21
Views: 2116

Re: Homeownership ---> Less TIPS?

You know, I find it seriously puzzling--I am not kidding about this--to figure out whether a penny saved is really truly the exactly same as a penny earned. I feel that it isn't somehow. A penny saved is only a penny earned if you are, in fact, earning that number of pennies through real earnings. ...
by Liquid
Sat Dec 10, 2011 1:24 pm
Forum: Investing - Theory, News & General
Topic: Homeownership ---> Less TIPS?
Replies: 21
Views: 2116

Re: Homeownership ---> Less TIPS?

The other problem is that the house you live in isn't an investment at all. It's shelter. "Investment" is a word that's loosely used by salespeople for any costly purchase. But you don't buy a house as a business proposition, you buy it because you need a place to live. If you buy a second house in...
by Liquid
Fri Dec 09, 2011 6:22 pm
Forum: Investing - Theory, News & General
Topic: Are REITs overpriced?
Replies: 34
Views: 3416

Re: Are REITs overpriced?

ilmartello wrote:Not when you plan on living in it. It doesn't produce income. In fact it creates costs for you to in terms of maintenance.
T
A home does produce income --> the rent you are not paying someone else.
by Liquid
Fri Oct 28, 2011 3:08 pm
Forum: Personal Finance (Not Investing)
Topic: Reminder - 2% ex-Schwab Visa Card Dies this Weekend
Replies: 43
Views: 6955

Re: Reminder - 2% ex-Schwab Visa Card Dies this Weekend

RIP Schwab Visa!

Now I need a new 2% card. Fidelity may be a good bet to avoid Schwab/teaser card 2.0.

Though the replacement card is not terrible --> 3% gas, 2% groceries, 1% everything else.
by Liquid
Thu Oct 27, 2011 5:10 pm
Forum: Personal Finance (Not Investing)
Topic: med schools - prestige or economics?
Replies: 161
Views: 10610

Re: med schools - prestige or economics?

Lightheir is absolutely correct medicine does not require remarkable creative intelligence vs research, theoretical physics, entrepreneurship, etc. Medicine requires dedication, work ethic, and the ability to suffer. Medicine is also notably chock full of people who are blissfully unaware of their i...
by Liquid
Fri Sep 02, 2011 1:39 pm
Forum: Personal Finance (Not Investing)
Topic: I've just made $2Million Now What?
Replies: 52
Views: 11895

Re: I've just made $2Million Now What?

Do you also recommend the OP use market timing with equities and fixed income in his current decision? Some fixed income classes have also had a nice run over the last few years. Seems like the Boglehead way would be to stick to ones AA and not try to time the market regardless of a current windfal...
by Liquid
Thu Sep 01, 2011 9:56 pm
Forum: Investing - Theory, News & General
Topic: Relative valuation for small vs large and value vs growth
Replies: 14
Views: 1125

SVariance1 wrote:
Do you know what a permabear is? I was 100% invested in equities( for almost 20 years), mostly small cap value, until about 6 months ago.
:shock:
by Liquid
Thu Sep 01, 2011 9:52 pm
Forum: Personal Finance (Not Investing)
Topic: I've just made $2Million Now What?
Replies: 52
Views: 11895

Re: I've just made $2Million Now What?

Hello All, Here is my current situation: Current Investments : Around $500,000 invested in ETFs allocated in 75% (Equities) 15% (Fixed-Income) 10% (Gold) Hello, gold has wonderful low correlations. However, you may want to read about historic gold returns. Of note they can flatline / regress for 25...
by Liquid
Thu Sep 01, 2011 9:28 pm
Forum: Investing - Theory, News & General
Topic: Dividends Account for Plurality of Returns?
Replies: 72
Views: 7841

(Wagnerjb's answer, posted while I was writing this one, is excellent). There's no tension here. You're confusing two different things... The company uses stock to raise capital and grow its business. If it's in a better business than the market as a whole, you'd prefer to have your money invested ...