Speaking of boredom, you're getting bored with life on the road?Rick Ferri wrote:To those who replied you have reduced the number of positions in your portfolio to a few index fund holdings, reduced the number of investment accounts, reduced the desire to look at your account value, reduced your number of rebalancings, and have become board with investing, CONGRATULATIONS! You have made it!
Rick Ferri
Anyone else gotten totally bored with investing?
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Re: Anyone else gotten totally bored with investing?
"Often the remedy causes the disease. It is by no means the least of life's rules: to let things alone." |
Baltasar Gracián, S.J., The Art of Worldly Wisdom, Maxim 121
Re: Anyone else gotten totally bored with investing?
Howdy
It's supposed to be boring.
If you want excitement, consider dating much younger women, or buy some futures contracts. Both will provide excitement and will also leave you sadder, wiser and broker.
W B
It's supposed to be boring.
If you want excitement, consider dating much younger women, or buy some futures contracts. Both will provide excitement and will also leave you sadder, wiser and broker.
W B
"Through chances various, through all vicissitudes, we make our way." Virgil, The Aeneid
- inittowinit
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Re: Anyone else gotten totally bored with investing?
I too find my interest in my investments dwindling as time goes on.
At the end of the day my goal with investing is not for it to be a source of entertainment, but a source of long-term financial stability and peace of mind.
So, while it's a bummer that something that used to be a source of entertainment has slowly lost that value, it's also no biggie since that was never really its purpose to begin with.
At the end of the day my goal with investing is not for it to be a source of entertainment, but a source of long-term financial stability and peace of mind.
So, while it's a bummer that something that used to be a source of entertainment has slowly lost that value, it's also no biggie since that was never really its purpose to begin with.
- bertilak
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Re: Anyone else gotten totally bored with investing?
Seems like anyone responding to this SHOULD say "No, I'm not bored or how would I have even be here to reply?"
May neither drought nor rain nor blizzard disturb the joy juice in your gizzard. -- Squire Omar Barker (aka S.O.B.), the Cowboy Poet
Re: Anyone else gotten totally bored with investing?
I think this means that you're doing it right.texasdiver wrote:Back when my portfolio was 20% of its current value I was an incredibly active investor. I subscribed to Morningstar and read all the financial rags in the library and online. Was constantly checking my portfolio of 10-20 randomly assembled active funds and following the market with laser intensity.
Today with a 5x larger portfolio I have everything rolled into 3 index funds and the TSP. All current contributions go into the lowest fee index fund options my wife and I have available in our plans. I plug everything into Morningstar about once a year to see how asset allocations have changed. But I haven't even had to rebalance in recent years. Our equity/fixed income ratio is about 65/35 and our domestic/foreign equity ratio is about 65/35. And fees are a low as we can get them. So there's basically nothing ever to do.
I've got investing books on my shelf and on my kindle that I intended to read but just haven't gotten around to looking at. A bunch of financial podcasts on my phone that I don't listen to anymore.
I feel like I've optimized our portfolio about as much as I possibly can from a Boglehead perspective and so there's just nothing left to do anymore. I guess that's how it should be.
Anyone else find themselves in the same position? Just bored with it all? It's just hard to get really engaged with day-to-day investing news when none of it is remotely actionable. I don't even talk investing with my work colleagues anymore because they are so far from being on the same page it's like we aren't even speaking the same language.
I still monitor frequently (counting down the days until I hit my number), but I haven't had any temptation to change anything for quite a while now.
It's wonderful.
The continuous execution of a sound strategy gives you the benefit of the strategy. That's what it's all about. --Rick Ferri
Re: Anyone else gotten totally bored with investing?
Folks,
Sorry to say this. It is getting exciting for me. As my portfolio is getting closer to my number, I have to monitor and adjust my AA to be more conservative. It is getting close to reach another adjustment threshold.
From 63/37 to 62/38....
KlangFool
Sorry to say this. It is getting exciting for me. As my portfolio is getting closer to my number, I have to monitor and adjust my AA to be more conservative. It is getting close to reach another adjustment threshold.
From 63/37 to 62/38....
KlangFool
30% VWENX | 16% VFWAX/VTIAX | 14.5% VTSAX | 19.5% VBTLX | 10% VSIAX/VTMSX/VSMAX | 10% VSIGX| 30% Wellington 50% 3-funds 20% Mini-Larry
Re: Anyone else gotten totally bored with investing?
It's supposed to be boring. Like monitoring anesthesia. I would recommend investing a little fun money in stocks. 5% of your portfolio or so. Try to pick individual winners. You can check them every day to see how they're doing. Spoiler alert- it's not easy to consistently pick winners.
I’d trade it all for a little more |
-C Montgomery Burns
- Taylor Larimore
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Investing should be "boring."
Bogleheads:
I started investing in 1950 at the age of 26. At that time the S&P 500 Index stocks were priced under 20. Today the S&P 500 Index stocks are priced at 2,433 (not including dividends).
I wish I had just bought the index stocks and done nothing. It might have been boring, but I would be much richer today.
Mr. Bogle did a wonderful interview in a 2010 issue of "Investment Adviser" in which he said "Investing should be boring." Needless to say, I agree. Investing in a few broad market index funds makes this possible.
http://www.thinkadvisor.com/2010/05/01/ ... john-bogle
Best wishes.
Taylor
I started investing in 1950 at the age of 26. At that time the S&P 500 Index stocks were priced under 20. Today the S&P 500 Index stocks are priced at 2,433 (not including dividends).
I wish I had just bought the index stocks and done nothing. It might have been boring, but I would be much richer today.
Mr. Bogle did a wonderful interview in a 2010 issue of "Investment Adviser" in which he said "Investing should be boring." Needless to say, I agree. Investing in a few broad market index funds makes this possible.
http://www.thinkadvisor.com/2010/05/01/ ... john-bogle
Best wishes.
Taylor
"Simplicity is the master key to financial success." -- Jack Bogle
Re: Anyone else gotten totally bored with investing?
+1Rick Ferri wrote:To those who replied you have reduced the number of positions in your portfolio to a few index fund holdings, reduced the number of investment accounts, reduced the desire to look at your account value, reduced your number of rebalancings, and have become board with investing, CONGRATULATIONS! You have made it!
Rick Ferri
So true!! Investing should be boring. Truthfully, the only reason why I still read books and come to the forum is to help keep me from Staying the Course. My portfolio has not changed and I have nothing to talk about at cocktail parties.
Hey do you have any hot stock tips. No, I'm just holding the Vanguard Balanced Index Fund. I don't even have to rebalance. I haven't looked at it in months. Pretty boring, but it works.
Choose Simplicity ~ Stay the Course!! ~ Press on Regardless!!!
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Re: Anyone else gotten totally bored with investing?
I am enjoying the boredom. I choose to spend the time educating myself through reading.
There is a vast wealth of knowledge to acquire. One book at a time
There is a vast wealth of knowledge to acquire. One book at a time
Re: Anyone else gotten totally bored with investing?
Kind of. I enjoy occasionally checking account balances and shaking my head in wonderment at the magnitude of daily value swings (positive and negative). It's kind of mind bogling....
Does it still count as a pun if both the spelling and the pronunciation don't quite match?
Does it still count as a pun if both the spelling and the pronunciation don't quite match?
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Re: Anyone else gotten totally bored with investing?
I'm not exactly bored; however, I have looked to add some excitement by investigating factor-based funds. Other than small and value, my portfolio is mainly blend funds. I haven't pulled the trigger because I'm not sure that I understand the concept well enough.
DMW
DMW
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Re: Anyone else gotten totally bored with investing?
Morty would disagree.TheTimeLord wrote:. Best way to put it is I feel about investing like Bill Murray in "Meatballs" when he gave his inspirational speech wrapping up with "It just doesn't matter".texasdiver wrote:Today with a 5x larger portfolio I have everything rolled into 3 index funds and the TSP. All current contributions go into the lowest fee index fund options my wife and I have available in our plans.
............................
Anyone else find themselves in the same position? Just bored with it all? It's just hard to get really engaged with day-to-day investing news when none of it is remotely actionable. I don't even talk investing with my work colleagues anymore because they are so far from being on the same page it's like we aren't even speaking the same language.
Great movie btw. I wonder where Fink is these days, probably preparing for the annual 4th of July Nathan's hot dog eating contest in Coney Island.
"One should invest based on their need, ability and willingness to take risk - Larry Swedroe" Asking Portfolio Questions
Re: Anyone else gotten totally bored with investing?
I still find it entertaining to watch Jim Cramer and CNBC, read financial 'news', read annual reports, banter on message boards, ....and take absolutely no action on any of it.
"To achieve satisfactory investment results is easier than most people realize; to achieve superior results is harder than it looks." - Benjamin Graham
Re: Anyone else gotten totally bored with investing?
I like to own securities that don't need tending to, so that when I get bored I can take a year off and not think about it.
These days there's decent index funds for all the odd kinds of equity I want to own, so I'm slowly selling off my individual stocks which is nice.
Simplicity is starting to look more appealing than the questionable benefit of staying under the SIPC coverage maximum, and I'm thinking about consolidating.
These days there's decent index funds for all the odd kinds of equity I want to own, so I'm slowly selling off my individual stocks which is nice.
Simplicity is starting to look more appealing than the questionable benefit of staying under the SIPC coverage maximum, and I'm thinking about consolidating.
Investing will probably always be something of a hobby, but I'm slowly moving towards that ideal.Rick Ferri wrote:To those who replied you have reduced the number of positions in your portfolio to a few index fund holdings, reduced the number of investment accounts, reduced the desire to look at your account value, reduced your number of rebalancings, and have become board with investing, CONGRATULATIONS! You have made it!
Rick Ferri
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Re: Anyone else gotten totally bored with investing?
Not exactly bored but have slowed down on how often I track everything from monthly to quarterly.This forum is fascinating in that it brings so many interesting details and varied points of view on investing. However, the guiding principles such as stay the course would suggest a certain lower risk way of doing things that does not lend itself to much excitement.Yet,the finer details and drilling down does continue to pique my interest as I have been a reader even before this became Bogleheads.org.
- saltycaper
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Re: Anyone else gotten totally bored with investing?
There's boredom by way of nirvana, and boredom by way of bull markets. I think a good number of bored investors will suddenly become un-bored in due time.
Quod vitae sectabor iter?
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Re: Anyone else gotten totally bored with investing?
I am new to Bogleheads, I have only been on a few months. I am really appreciating the time folks spend to help me get to your point where to quote Jack: I "Don't do something, just stand there." I have activated my Vanguard Advantage Checking, I have moved my bonds to a tax deferred account, I have added to my Vanguard Total Stock Market Index Fund, and done some other things. So I need to keep reading for ideas, take those that I feel comfortable with, and hopefully one day the investing will "bore" me.
John Bogle: "It's amazing how difficult it is for a man to understand something if he's paid a small fortune not to understand it."
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Re: Anyone else gotten totally bored with investing?
Bored? No way. I make a distinction between acting, observing and general curiosity. I have been a passive investor for a very long time now, so no changes happen to actual portfolio. It is all passive, just world stocks. However, I am always curious about financial research, just as I am curious about physics, advances in engineering, medical research, literature, philosophy, ethics, music and so much else. I observe, read and think about all this new stuff as it comes along: factor investing or whatever is the new in thing. That is fun but I never do anything different when it comes to actual investing.
Here's an analogy. I love hiking on my favorite trails, year after year and riding my bicycle on the same country roads year after year. On the surface, nothing changes so is it boring? Not really because you observe subtle changes like changing seasons or changing sunlight or new ferns as years go by. Investing is similar.
Here's an analogy. I love hiking on my favorite trails, year after year and riding my bicycle on the same country roads year after year. On the surface, nothing changes so is it boring? Not really because you observe subtle changes like changing seasons or changing sunlight or new ferns as years go by. Investing is similar.
Re: Anyone else gotten totally bored with investing?
Yes boring. After a decade of participation in this forum, reading finance/investing books and publications and deep thinking, a 3 funder is what I do. Simple, boring, easy. The only thing that I think about is the proportions in my 3 funder. I quickly realize however, that 5-10% changes won't have any significant effect and leave things the way they are.
Re: Anyone else gotten totally bored with investing?
Roger all that - fun for the whole pre-retirement family! Add, "How will you bridge the years between retirement and collecting social security?"The Wizard wrote:OP hasn't retired yet, so is just in the calm before the storm.
Start worrying about what your DESIRED income in retirement will be and how you will assemble the cashflow.
Will you be a bucketeer in retirement?
What will your Roth conversion strategy be?
Will you be annuitizing a portion of your assets for enhanced income?
And so forth...
Oh, and we haven't even touched on the endless fascination of watching the "cross rates" between equity class price movements in an international slice-'n-dice portfolio!
I've actually had a blast these past two years assembling just that portfolio and wrestling with the questions you asked and others. With that portfolio essentially in-place, and answers to some of these questions starting to come into focus, I can foresee eventually attaining the Nirvana of the OP.
"Personsal growth means moving from one set of problems to a better set of problems."
"I know nothing."
- ruralavalon
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Re: Anyone else gotten totally bored with investing?
Age 71, retired, 50/50 asset allocation, just 5 funds, all accounts and all funds with Vanguard. I will probably simplify more and reduce the number of funds. Pretty bored, but still interested in investing issues.
"Everything should be as simple as it is, but not simpler." - Albert Einstein |
Wiki article link: Bogleheads® investment philosophy
Re: Anyone else gotten totally bored with investing?
I am seeking complete and utter boredom and retirement. Note quite there yet, but almost.Rick Ferri wrote:To those who replied you have reduced the number of positions in your portfolio to a few index fund holdings, reduced the number of investment accounts, reduced the desire to look at your account value, reduced your number of rebalancings, and have become board with investing, CONGRATULATIONS! You have made it!
- blaugranamd
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Re: Anyone else gotten totally bored with investing?
Isn't boredom part of the Boglehead philosophy? Make investing so passive you can spend your time doing something else?
-- Don't mistake more funds for more diversity: Total Int'l + Total Market = 7k to 10k stocks -- |
-- Market return does NOT = average nor 50th percentile, rather 80-90th percentile long term ---
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Re: Anyone else gotten totally bored with investing?
I am always interested but never excited. When I need a jolt of what could be, I google into the live chart of Bitcoin and then be glad I am dull.
I'm not smart enough to know, and I can't afford to guess.
- FreeAtLast
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Re: Anyone else gotten totally bored with investing?
Even when I was in my accumulation phase, I told friends who were interested in how I was handling my "excess" cash: "I only employ a boring investment strategy - I just throw the money into Vanguard index funds and it will sit there until I retire." And now that I am 3.5 years into retirement, I can barely stay awake looking at my investments. The only excitement I experience is in figuring out my estimated taxes after taking a withdrawal.
Last edited by FreeAtLast on Sun Jun 18, 2017 5:40 pm, edited 1 time in total.
Illegitimi non carborundum.
Re: Anyone else gotten totally bored with investing?
Congratulations. You have reached the point Jack Bogle Recommends. I am in the same position as you. I do not consider myself an investor, rather I consider myself a saver. Our annual condo association picinic is coming up. There always a few folks there who brag about their investing prowess. They soon qualify their skills by blaming their poor market performance on some outside external condition beyond their control. I always inform them much to their chagrin that I am a very lazy saver who buys passive index funds because they beat CDs and I always seem to be lucky because I am always assured market returns and I always buy all the winners. That is enough for them to move on to someone else for a conversation.texasdiver wrote:Back when my portfolio was 20% of its current value I was an incredibly active investor. I subscribed to Morningstar and read all the financial rags in the library and online. Was constantly checking my portfolio of 10-20 randomly assembled active funds and following the market with laser intensity.
Today with a 5x larger portfolio I have everything rolled into 3 index funds and the TSP. All current contributions go into the lowest fee index fund options my wife and I have available in our plans. I plug everything into Morningstar about once a year to see how asset allocations have changed. But I haven't even had to rebalance in recent years. Our equity/fixed income ratio is about 65/35 and our domestic/foreign equity ratio is about 65/35. And fees are a low as we can get them. So there's basically nothing ever to do.
I've got investing books on my shelf and on my kindle that I intended to read but just haven't gotten around to looking at. A bunch of financial podcasts on my phone that I don't listen to anymore.
I feel like I've optimized our portfolio about as much as I possibly can from a Boglehead perspective and so there's just nothing left to do anymore. I guess that's how it should be.
Anyone else find themselves in the same position? Just bored with it all? It's just hard to get really engaged with day-to-day investing news when none of it is remotely actionable. I don't even talk investing with my work colleagues anymore because they are so far from being on the same page it's like we aren't even speaking the same language.
Re: Anyone else gotten totally bored with investing?
My desire is to be bored with investing again. I do not invest for excitement. I skydive or Kitesurf if I want excitement.
I hope I am five years out from retirement and I've started to plan the financial transaction. I have found that education to be more involved than I had expected.
My goal is to complete that transition planning and be bored with investing again.
I hope I am five years out from retirement and I've started to plan the financial transaction. I have found that education to be more involved than I had expected.
My goal is to complete that transition planning and be bored with investing again.
If your out-go is greater than your income, your upkeep will be your DOWNFALL.
Re: Anyone else gotten totally bored with investing?
Yes, it's getting boring which is a good thing.
I still get my 15-minute fix every weekday morning to watch the headline news from Bloomberg (too cheap to pay for CNBC ).
I do track my portfolio quarterly this year, reducing from monthly in 2016.
Life is good.
I still get my 15-minute fix every weekday morning to watch the headline news from Bloomberg (too cheap to pay for CNBC ).
I do track my portfolio quarterly this year, reducing from monthly in 2016.
Life is good.
Re: Anyone else gotten totally bored with investing?
Well, one could try running with the bulls.....in Pamplona....
"..the cavalry ain't comin' kid, you're on your own..."
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Re: Anyone else gotten totally bored with investing?
I'm the opposite of OP,
I'm fascinated by the market. My portfolio has gotten more complex over time and I follow it closely. Through an advisor and funds with higher ERs, I pay more in fees. He may well do significantly better than me over a 30 year time period. I would be fascinated to see the comparison between my path and that alternative history. As I've said before, potential returns are only potential, costs are certain. Investing is supposed to be boring. The OP's title to this thread shows he is very much on target.
Dave
I'm fascinated by the market. My portfolio has gotten more complex over time and I follow it closely. Through an advisor and funds with higher ERs, I pay more in fees. He may well do significantly better than me over a 30 year time period. I would be fascinated to see the comparison between my path and that alternative history. As I've said before, potential returns are only potential, costs are certain. Investing is supposed to be boring. The OP's title to this thread shows he is very much on target.
Dave
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Re: Anyone else gotten totally bored with investing?
Here's an article that says that might not be the way to bet. viewtopic.php?f=10&t=221458&newpost=3414278Random Walker wrote: My portfolio has gotten more complex over time and I follow it closely. Through an advisor and funds with higher ERs, I pay more in fees.
FI is the best revenge. LBYM. Invest the rest. Stay the course. Die anyway. - PS: The cavalry isn't coming, kids. You are on your own.
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Re: Anyone else gotten totally bored with investing?
Rad audit,
Taste of my own medicine I just posted that article in a separate thread about an hour ago
Dave
Taste of my own medicine I just posted that article in a separate thread about an hour ago
Dave
Re: Anyone else gotten totally bored with investing?
Yep. Though I keep my eye on whether the different funds get too far out of target, I've also been amazed at how much time I used to spend at that.
The sewer system is a form of welfare state. |
-- "Libra", Don DeLillo
- flamesabers
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Re: Anyone else gotten totally bored with investing?
Picking out funds to invest in can be fun, but checking up on my balances? Not so much. For me, the real excitement of investing is deciding which funds to invest my income in. Once the money has been invested, I focus my attention elsewhere. I don't consider investing to be exciting as most of it is just waiting for your money to make more money.
- abuss368
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Re: Anyone else gotten totally bored with investing?
Hi Rick -Rick Ferri wrote:To those who replied you have reduced the number of positions in your portfolio to a few index fund holdings, reduced the number of investment accounts, reduced the desire to look at your account value, reduced your number of rebalancings, and have become board with investing, CONGRATULATIONS! You have made it!
Rick Ferri
Great post and thoughts! This happened to us as the years went on. We had many more funds earlier in our investing years. Since, we are down to a handful of simple index funds - Total Stock Markets, REITS, and Bonds. A total markets approach has made everything much easier to manage and not get upset in down markets which is key.
John C. Bogle: “Simplicity is the master key to financial success."
Re: Anyone else gotten totally bored with investing?
Yes. Much less tinkering than I used to do. There's more to life!
"Optimum est pati quod emendare non possis." |
-Seneca
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Re: Anyone else gotten totally bored with investing?
Dear OP - like your real life, enjoy whatever state you are in. When I enjoyed the intellectual challenge of trading blue chips, the return made it fun and occupied my hours when I was first retired. I still read everything financial I could get my hands on. After 3 years, again as an intellectual exercise, I reviewed my trades and though profitable, saw for the first time how much MORE profitable I would have been had I just kept the stocks.
So now I just go with whatever I feel like. I watch Nightly Business Report just to see if there is a "black swan" event. I fast forward the talking heads section that basically is "What should I do with my investing money today." As if we always have to be doing SOMETHING.
However, as the year goes by my feelings will change and I'll get interested again. Even though I totally believe in indexing and AA; I have a % of play money. For the second time this year I'll be looking at TGT and GPC at tomorrow's open, hoping TGT drops < 50 and buy 100 to 200 shares. Just because right now it's fun. And if I buy either I plan to keep 5 years to forever. But yes nothing is more boring than someone who checks the market 4x/day. I'm (mostly) past that. Enjoy the day you're in.
So now I just go with whatever I feel like. I watch Nightly Business Report just to see if there is a "black swan" event. I fast forward the talking heads section that basically is "What should I do with my investing money today." As if we always have to be doing SOMETHING.
However, as the year goes by my feelings will change and I'll get interested again. Even though I totally believe in indexing and AA; I have a % of play money. For the second time this year I'll be looking at TGT and GPC at tomorrow's open, hoping TGT drops < 50 and buy 100 to 200 shares. Just because right now it's fun. And if I buy either I plan to keep 5 years to forever. But yes nothing is more boring than someone who checks the market 4x/day. I'm (mostly) past that. Enjoy the day you're in.
Re: Anyone else gotten totally bored with investing?
True dat!
Nothing is so exciting as the first 10 millions. After that, meh...
Nothing is so exciting as the first 10 millions. After that, meh...
Re: Anyone else gotten totally bored with investing?
Isn't boredom with investing the whole point of what we're doing?
I for one do NOT want to spend the best years of my life slavishly watching the stock quotes. I must admit, I do this sometimes. But when I have something better to do, like enjoy the upscale cruise of a lifetime, I don't worry about this stuff. It happens whether I look at it or not, and I have a plan I'm sticking to, so there's really no need to look at it.
I for one do NOT want to spend the best years of my life slavishly watching the stock quotes. I must admit, I do this sometimes. But when I have something better to do, like enjoy the upscale cruise of a lifetime, I don't worry about this stuff. It happens whether I look at it or not, and I have a plan I'm sticking to, so there's really no need to look at it.
Re: Anyone else gotten totally bored with investing?
No, not bored. Satisfied? Methodically calm maybe? I applied so many best practices from so much knowledge gained here or directed to from here. I feel satisfied in where I've positioned our investments & tightened up our finances. Que sera, sera. I sleep well, even with recently losing my job. Keep buying and keep holding.
I'm just sitting here watching the wheels go round and round. |
Nobody told me there'd be days like these.
- zaboomafoozarg
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Re: Anyone else gotten totally bored with investing?
I haven't gotten totally bored yet. I still feel the need to tweak every now and then, so I shuffle things around by 5-10% just to "scratch the itch", knowing full well that amount of movement won't make much of a difference in the long run. But it pacifies me for another few years.
Re: Anyone else gotten totally bored with investing?
I have gotten board with investing but my returns seem to be a lot better since I started a passive index portfolio versus speculating on stocks.
I also get board when I am in a casino because I am not a gambler.
I also get board when I am in a casino because I am not a gambler.
- ruralavalon
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Re: Anyone else gotten totally bored with investing?
Excellent point. Not really "bored".KSOC wrote:No, not bored. Satisfied? Methodically calm maybe? I applied so many best practices from so much knowledge gained here or directed to from here. I feel satisfied in where I've positioned our investments & tightened up our finances. Que sera, sera. I sleep well, even with recently losing my job. Keep buying and keep holding.
For me the better description is not anxious, serene, satisfied, very comfortable with our asset allocation, investments, and plan for the future.
"Everything should be as simple as it is, but not simpler." - Albert Einstein |
Wiki article link: Bogleheads® investment philosophy
Re: Anyone else gotten totally bored with investing?
There will be a whole lot less boredom when we hit the next 20%+ downturn - hope it is not soon but it will happen and I hope we all have the utmost confidence in our estimated (and for some practiced) risk tolerance and we all will be able to not only weather the storm but to rebalance as we go down to maintain our asset allocations.
Re: Anyone else gotten totally bored with investing?
Almost there! 3 funds all at VG. Now if I could just stop checking my accounts every day.. It's fun to see them go up. In a bear market I probably won't check as often.Rick Ferri wrote:To those who replied you have reduced the number of positions in your portfolio to a few index fund holdings, reduced the number of investment accounts, reduced the desire to look at your account value, reduced your number of rebalancings, and have become board with investing, CONGRATULATIONS! You have made it!
Rick Ferri
Chase the good life my whole life long, look back on my life and my life gone...where did I go wrong?
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Re: Anyone else gotten totally bored with investing?
Am in a similar position. I go through cycles. Seems like every 3-4 years I learn something "new" to me about investing/saving/retirement. Maybe about 6 or 7 years ago I learned what index funds were and got some speech from our 401k provider (was Schwab at the time) about balancing everything between growth or value or something. So I did all that and then left it alone for a while.texasdiver wrote: Anyone else find themselves in the same position? Just bored with it all? It's just hard to get really engaged with day-to-day investing news when none of it is remotely actionable. I don't even talk investing with my work colleagues anymore because they are so far from being on the same page it's like we aren't even speaking the same language.
About a year ago I discovered this place and the 3 fund portfolio while I was rolling over my old 401k to the TSP. I was probably like you, everything seemed interesting and exciting and I was reading everything I could. I got all my old accounts and spouse's old accounts all combined at Vanguard (and TSP) and then...have pretty much left it alone for a year. A year ago I was talking about Roth IRAs and low cost index funds to all my family members. I soon realized no one was listening to me and they were going to go with whatever high cost advisor or company some other family member who works in the financial industry recommended. So I left it alone and let them do them, and me do me.
Now the investing part seems kind of boring (nothing's going to result in me doing anything). My portfolio thanks to a better savings rate and the market return has gone way up from a year ago. But I do still get anxious about my savings rate. I suppose if I was 100% maxed out on 401k and IRA contributions I could probably be pretty peaceful and do nothing, but I still have probably another year before I can get there. So I don't like to look at my investments because I'm not going to change anything and it just stresses me out that I'm not maxing everything yet. But the excitement of "yeah I'm going to figure this out, and conquer the world!" isn't there. Also I have like a million years to go until I can retire so there's no point in running numbers or anything like that now.
Where the tides of fortune take us, no man can know.
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Re: Anyone else gotten totally bored with investing?
I'm interested in the whys & mentality. Rationales are fascinating.
Rev012718; 4 Incm stream buckets: SS+pension; dfr'd GLWB VA & FI anntys, by time & $$ laddered; Discretionary; Rentals. LTCi. Own, not asset. Tax TBT%. Early SS. FundRatio (FR) >1.1 67/70yo
Re: Anyone else gotten totally bored with investing?
Investing should be boring. Just slow, steady, measured progress toward a goal.
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The Espresso portfolio: |
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20% US TSM, 20% Small Value, 10% US REIT, 10% Dev Int'l, 10% EM, 10% Commodities, 20% Inter-term US Treas |
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"A journey of a thousand miles begins with a single step."
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Re: Anyone else gotten totally bored with investing?
Yes my portfolio is very much on autopilot. I do have a lot of accounts in different places, so when I do have to rebalance, which is seldom, i have to remind myself how to do it. So that's boring but in a good way, since I've got a growing family it's nice to have more time.
One bummer is that when I drop by bogleheads, i don't see as many interesting theoretical investing topics catching my eye. It could be due to the way the front page is structured, or maybe i'm just not paying enough attention.
One bummer is that when I drop by bogleheads, i don't see as many interesting theoretical investing topics catching my eye. It could be due to the way the front page is structured, or maybe i'm just not paying enough attention.