Chillin' in the BH Lounge

Discuss all general (i.e. non-personal) investing questions and issues, investing news, and theory.
Post Reply
Topic Author
weltschmerz
Posts: 434
Joined: Thu Jul 30, 2009 9:17 pm

Chillin' in the BH Lounge

Post by weltschmerz »

Welcome to the BH Lounge, come in and grab a chair.
Warm yourself by the fire, I know it's cold out there.

I got some great advice, that you'll appreciate.
How to pay less taxes, both federal and state.

"Should I be maxing out my Roth IRA?"
Absolutely, that and the 401k.

"What do you think about 100% stocks?"
It's really well thought out...your investment plan rocks!

"Stock market's down big this week, should I place some buys?"
Check your IPS.....it never lies.

"How should I split between US and foreign?"
We've been over this SO many times....I'm snorin'!!!

"Should I buy some bonds, or maybe CDs?"
Why not mix it up, a bit of both, if you please.

"What about the metals, should I buy me some gold?"
I don't recommend it....unless you're very old.

"What about the Bitcoin, I hear it's really hot."
You should definitely buy some, it's a great investment....NOT!

"So my car's getting old, what can I afford?"
Toyota Camry or a Honda Accord.

"I don't know about this, your ideas seem half-baked."
Wow...tough crowd...over the coals I'm getting raked.

I know that my advice will be gettin' lots of nods.
I sure hope this thread don't get locked by the mods.

Thank you all for being such a wonderful crew!
Spend some time in the lounge, and add a rhyme or two.....
mega317
Posts: 4582
Joined: Tue Apr 19, 2016 10:55 am

Re: Chillin' in the BH Lounge

Post by mega317 »

I can keep my "principle" until life ends,
I'll just live off the dividends.

Does anyone have a strategy to negotiate for a car?
Hey buddy, try using the search bar.

If you think multi-page threads are nice,
Try asking for relationship advice.

I saw my medical bill and I was shocked.
That thread, like this one, will get locked.
https://www.bogleheads.org/forum/viewtopic.php?t=6212
User avatar
Miriam2
Posts: 3274
Joined: Fri Nov 14, 2014 11:51 am

Re: Chillin' in the BH Lounge

Post by Miriam2 »

Nisiprius and Why did my fund suddenly drop in value?
I thought that my fund had decreased.
But I get it! My worries have ceased!
I see that, why yes,
Every share is worth less,
But my number of shares just increased.
John Bogle, "The Twelve Pillars of [Financial] Wisdom"- Pillar 7: The Powerful Magnetism of the Mean. Reversion to the mean prevails, sooner or later, in the financial jungle.
TallBoy29er
Posts: 1118
Joined: Thu Jul 18, 2013 9:06 pm

Re: Chillin' in the BH Lounge

Post by TallBoy29er »

Locked it definitely should not be,
There was a call to action, rhyme with me.
SaverX
Posts: 5
Joined: Tue Feb 03, 2015 5:24 pm

Re: Chillin' in the BH Lounge

Post by SaverX »

Target Date Fund, then just go to bed
cause most of this stuff, is over my head.
User avatar
FIREchief
Posts: 6277
Joined: Fri Aug 19, 2016 6:40 pm

Re: Chillin' in the BH Lounge

Post by FIREchief »

In before the lock! That's a winner.
Have you read the current thread about free steak dinner??
Free Filet Mignon...mmm, so tasty.
Shredding that invite? Don't be too hasty! 8-)
Last edited by FIREchief on Sun Feb 18, 2018 2:30 pm, edited 1 time in total.
I am not a lawyer, accountant or financial advisor. Any advice or suggestions that I may provide shall be considered for entertainment purposes only.
craimund
Posts: 292
Joined: Thu Feb 15, 2018 3:39 pm
Location: Virginia

Re: Chillin' in the BH Lounge

Post by craimund »

If I change my asset allocation cause the market's climbin'
Is that OK or market timin'
"When you ain't got nothing, you got nothing to lose"-Bob Dylan 1965. "When you think that you've lost everything, you find out you can always lose a little more"-Dylan 1997
GoldenFinch
Posts: 2352
Joined: Mon Nov 10, 2014 11:34 pm

Re: Chillin' in the BH Lounge

Post by GoldenFinch »

FIREchief wrote: Sun Feb 18, 2018 1:51 am In before the lock! That's a winner.
Have you read the current thread about free dinner??
Free Filet Mignon...mmm, so tasty.
Shredding that invite? Don't be too hasty! 8-)
I hastily shredded my dinner invite
In fact, two last week! Did not get one bite!

But the reason I did it was not to be bold
It was just because I didn’t want to be sold
And sit through a pitch I did not want to hear
That probably didn’t include free wine or beer

So my decision was right, at least right for me
But for others I get it, go eat up with glee!
User avatar
samsoes
Posts: 1544
Joined: Tue Mar 05, 2013 9:12 am

Re: Chillin' in the BH Lounge

Post by samsoes »

How is this actionable?
"Happiness Is Not My Companion" - Gen. Gouverneur K. Warren. | (Avatar is the statue of Gen. Warren atop Little Round Top @ Gettysburg National Military Park.)
User avatar
LiveSimple
Posts: 1896
Joined: Thu Jan 03, 2013 7:55 am

Re: Chillin' in the BH Lounge

Post by LiveSimple »

How is this actionable?
So what, I am in, before the lock

How is this actionable?
This may be the executive summary of tid bit actions anyone can take
User avatar
Peculiar_Investor
Posts: 1814
Joined: Thu Oct 20, 2011 12:23 am
Location: Staying home - Calgary, AB
Contact:

Re: Chillin' in the BH Lounge

Post by Peculiar_Investor »

weltschmerz wrote: Fri Feb 16, 2018 10:23 pm Welcome to the BH Lounge, come in and grab a chair.
Warm yourself by the fire, I know it's cold out there.

I got some great advice, that you'll appreciate.
How to pay less taxes, both federal and state.
I'd start with these topics my friend
"Should I be maxing out my Roth IRA?"
Absolutely, that and the 401k.
Some search results never end
"What do you think about 100% stocks?"
Search is your friend
"Stock market's down big this week, should I place some buys?"
Check your IPS.....it never lies.
You mean a really bad day (RBD) livesoft penned
"How should I split between US and foreign?"
We've been over this SO many times....I'm snorin'!!!
You are right, it has been asked and answered, so time to end.
Normal people… believe that if it ain’t broke, don’t fix it. Engineers believe that if it ain’t broke, it doesn’t have enough features yet. – Scott Adams
User avatar
jhfenton
Posts: 4708
Joined: Sat Feb 07, 2015 11:17 am
Location: Ohio

Re: Chillin' in the BH Lounge

Post by jhfenton »

samsoes wrote: Sun Feb 18, 2018 7:02 am How is this actionable?
A rhyme for actionable is hard to find.
I can see how you were stumped.

But I hope the mods are not so inclined.
Lest the thread become defunct.

A collection of wisdom we can find herein.
A moment of calm amid the din.
mindboggling
Posts: 511
Joined: Sat Sep 06, 2014 6:35 pm
Location: Upstate NY

Re: Chillin' in the BH Lounge

Post by mindboggling »

There once was a gal from Nantucket
Who kept all her dough in one bucket
"I save what I earn,
Go for total return,
It's better than trying to luck it."
In broken mathematics, We estimate our prize, --Emily Dickinson
User avatar
Miriam2
Posts: 3274
Joined: Fri Nov 14, 2014 11:51 am

Re: Chillin' in the BH Lounge

Post by Miriam2 »

Another poem from our resident poet, Nisiprius - "[Warren] Buffett" Has Two Tee's"
And here is my tip for the day,
It's a rule you should always obey:
When it comes to the crunch
There is never free lunch--
And there's never a Warren Buffet.
Last edited by Miriam2 on Sun Feb 18, 2018 3:37 pm, edited 1 time in total.
John Bogle, "The Twelve Pillars of [Financial] Wisdom"- Pillar 7: The Powerful Magnetism of the Mean. Reversion to the mean prevails, sooner or later, in the financial jungle.
dolphintraveler
Posts: 69
Joined: Sun Feb 05, 2012 1:31 pm

Re: Chillin' in the BH Lounge

Post by dolphintraveler »

"Shall I pay off my mortgage or invest instead?"
Sleep easy or increase risk and perhaps get ahead.
pkcrafter
Posts: 14663
Joined: Sun Mar 04, 2007 12:19 pm
Location: CA
Contact:

Re: Chillin' in the BH Lounge

Post by pkcrafter »

From a friend who read the thread.

"Beware the broker who claims to have smarts.
Like the rest of us, he’s just been throwing darts."
When times are good, investors tend to forget about risk and focus on opportunity. When times are bad, investors tend to forget about opportunity and focus on risk.
User avatar
Taylor Larimore
Advisory Board
Posts: 30305
Joined: Tue Feb 27, 2007 8:09 pm
Location: Miami FL

Re: Chillin' in the BH Lounge

Post by Taylor Larimore »

Bogleheads:
Keep it simple.
Your results will triple.
Best wishes.
Taylor
"Simplicity is the master key to financial success." -- Jack Bogle
fund
Posts: 133
Joined: Mon Apr 28, 2014 10:06 pm

Re: Chillin' in the BH Lounge

Post by fund »

If Taylor is in, it must be repeated,
this thread is not likely deleted.

Bogleheads is sometimes so darn serious,
but I am smiling reading nisiprius.

I've learned something here about balance and money,
it's important to save but to also enjoy the ride, honey.

[None of my rhyming is very witty, but this thread really made me smile. And there are some good nuggets of wisdom here, too, contributed by folks much better at rhyming than myself!]
User avatar
LadyGeek
Site Admin
Posts: 69910
Joined: Sat Dec 20, 2008 5:34 pm
Location: Philadelphia
Contact:

Re: Chillin' in the BH Lounge

Post by LadyGeek »

This thread is on-topic, so I don't have to lock it.
mindboggling wrote: Sun Feb 18, 2018 10:34 am There once was a gal from Nantucket
Who kept all her dough in one bucket
"I save what I earn,
Go for total return,
It's better than trying to luck it."
I'm speechless. Just speechless. :D
Wiki To some, the glass is half full. To others, the glass is half empty. To an engineer, it's twice the size it needs to be.
User avatar
abuss368
Posts: 23759
Joined: Mon Aug 03, 2009 2:33 pm
Location: Where the water is warm, the drinks are cold, and I don't know the names of the players!
Contact:

Re: Chillin' in the BH Lounge

Post by abuss368 »

Bogleheads -

An incredible post and I am unsure what to say. Incredibly talented and creative folks are part of this group.

Best.
John C. Bogle: “Simplicity is the master key to financial success."
IowaFarmWife
Posts: 263
Joined: Thu Nov 02, 2017 9:42 pm

Re: Chillin' in the BH Lounge

Post by IowaFarmWife »

Can this community
give me some advice about my annuity?
“The quickest way to double your money is to fold it in half and put it in your back pocket.” —Will Rogers
Dinosaur Dad
Posts: 203
Joined: Wed Feb 22, 2017 6:05 pm
Location: Connecticut

Re: Chillin' in the BH Lounge

Post by Dinosaur Dad »

Of investing, I used to be a real hack
I was chasing bad advice with few facts
Then one day I discovered
What the Bogleheads covered
And now I’m a lot more relaxed
"Take calculated risks - that is quite different from being rash." | General George S. Patton
Dogsbestfriend
Posts: 60
Joined: Wed Mar 25, 2015 2:47 pm

Re: Chillin' in the BH Lounge

Post by Dogsbestfriend »

“If I share my net worth progression, is it just a humble brag?”
Nah, it’s inspiration -- you’ve avoided ER drag.

“OK then, two commas, everybody look at me!!!
Uh oh, ‘Stocks in freefall,’ it’s a roller coaster, wheeee!”

“Um…a little help here, can I harvest my loss?”
Let’s get Livesoft on it – he’s the TLH BOSS.

“Should I pay taxes now, using Roth 401k as a tool?”
No, pay them NEVER, like our wise friend KlangFool!

“Thank you Bogleheads, because of you I’ve no remorse.
You’ve taught me all I know, and I’ve learned to stay the course!”
Case59
Posts: 181
Joined: Fri Dec 30, 2011 12:31 pm

Re: Chillin' in the BH Lounge

Post by Case59 »

So much depends
upon

the safe withdrawal
rate

glazed with back-
testing

beside the Monte Carlo
wheel

(with apologies to William Carlos Williams)
"Most quotations on the internet are incorrect."-Mark Twain
User avatar
jimmyq
Posts: 191
Joined: Wed Apr 17, 2013 6:34 pm

Re: Chillin' in the BH Lounge

Post by jimmyq »

The four percent rule is up for a fight
but a slow death may now be in sight
History shows it has never yet failed
but on bond rates it may be impaled
Hukedonfonix4me
Posts: 150
Joined: Thu Oct 13, 2016 3:00 pm

Re: Chillin' in the BH Lounge

Post by Hukedonfonix4me »

Index funds are a must.

Especially if you plan to set up a trust.

Nothing is better, than enjoying the weather and leaving market worries in the dust.
"While some mutual fund founders chose to make billions, he chose to make a difference." | -The Bogleheads' Guide to Investing
Dinosaur Dad
Posts: 203
Joined: Wed Feb 22, 2017 6:05 pm
Location: Connecticut

Re: Chillin' in the BH Lounge

Post by Dinosaur Dad »

jimmyq wrote: Mon Feb 19, 2018 1:33 pm The four percent rule is up for a fight
but a slow death may now be in sight
History shows it has never yet failed
but on bond rates it may be impaled
+1 Funny and yet makes a good point. Clever!
"Take calculated risks - that is quite different from being rash." | General George S. Patton
User avatar
FreeAtLast
Posts: 718
Joined: Tue Nov 04, 2014 9:08 pm

Re: Chillin' in the BH Lounge

Post by FreeAtLast »

"This morn I was in a foul mood,
And then I found this thread,
Now I am one happy dude,
Oh, what nisiprius said!"

Every once in a while, this forum needs a little silliness to offset the excessive solemnity of some of the posts. :D
Illegitimi non carborundum.
User avatar
bligh
Posts: 1384
Joined: Wed Jul 27, 2016 9:13 pm

Re: Chillin' in the BH Lounge

Post by bligh »

Roses are red,
Violets are blue,
Vanguard rocks,
but Fidelity is okay too.
User avatar
FIREchief
Posts: 6277
Joined: Fri Aug 19, 2016 6:40 pm

Re: Chillin' in the BH Lounge

Post by FIREchief »

Taylor Larimore wrote: Sun Feb 18, 2018 3:52 pm
Keep it simple.
Your results will triple.
For an exceptional pupil,
They may even quadruple!! :moneybag
I am not a lawyer, accountant or financial advisor. Any advice or suggestions that I may provide shall be considered for entertainment purposes only.
Atilla
Posts: 1459
Joined: Tue Feb 09, 2010 7:44 pm

Re: Chillin' in the BH Lounge

Post by Atilla »

Investing for life
Low expenses are the key
Avoid Edward Jones
User avatar
bengal22
Posts: 1943
Joined: Sat Dec 03, 2011 6:20 pm
Location: Ohio

Re: Chillin' in the BH Lounge

Post by bengal22 »

Case59 wrote: Mon Feb 19, 2018 9:20 am So much depends
upon

the safe withdrawal
rate

glazed with back-
testing

beside the Monte Carlo
wheel

(with apologies to William Carlos Williams)
I am impressed. William Carlos Williams indeed.
"Earn All You Can; Give All You Can; Save All You Can." .... John Wesley
User avatar
onthecusp
Posts: 822
Joined: Mon Aug 29, 2016 3:25 pm

Re: Chillin' in the BH Lounge

Post by onthecusp »

Leaving my adviser,
The fee’s such a drag,
It feels so much wiser,
I’ll keep my own swag.

Asset allocation, not really a thrill,
60/40 helps me sleep, better than a pill.

Next market gyration I'll be out like a light,
It's easy to get the timing just right!
NO, don't you try that!
The ones that stand tight,
Are much the more likely to win the next fight!
Robconoclast
Posts: 75
Joined: Sat May 30, 2015 10:30 pm
Location: Ohio

Re: Chillin' in the BH Lounge

Post by Robconoclast »

Atilla wrote: Mon Feb 19, 2018 5:59 pm Investing for life
Low expenses are the key
Avoid Edward Jones
I fled Edward Jones
Bogleheads opened my eyes
The blind now see light
Smoke me a kipper, I'll be back for breakfast
Case59
Posts: 181
Joined: Fri Dec 30, 2011 12:31 pm

Re: Chillin' in the BH Lounge

Post by Case59 »

bengal22 wrote: Mon Feb 19, 2018 10:24 pm
Case59 wrote: Mon Feb 19, 2018 9:20 am So much depends
upon

the safe withdrawal
rate

glazed with back-
testing

beside the Monte Carlo
wheel

(with apologies to William Carlos Williams)
I am impressed. William Carlos Williams indeed.
Thanks!
"Most quotations on the internet are incorrect."-Mark Twain
MandyT
Posts: 297
Joined: Sat Feb 13, 2016 2:29 pm

Re: Chillin' in the BH Lounge

Post by MandyT »

Robconoclast wrote: Tue Feb 20, 2018 8:48 am
Atilla wrote: Mon Feb 19, 2018 5:59 pm Investing for life
Low expenses are the key
Avoid Edward Jones
I fled Edward Jones
Bogleheads opened my eyes
The blind now see light
Portfolio risk
Based on your ability
Willingness and need
4ransom
Posts: 101
Joined: Mon Jul 30, 2007 3:27 pm

Re: Chillin' in the BH Lounge

Post by 4ransom »

The perfect portfolio is just in my grasp
Figure I'll find it just before I pass
Robconoclast
Posts: 75
Joined: Sat May 30, 2015 10:30 pm
Location: Ohio

Re: Chillin' in the BH Lounge

Post by Robconoclast »

Active management
High trading fees take their toll
Potential gains lost
Smoke me a kipper, I'll be back for breakfast
User avatar
Miriam2
Posts: 3274
Joined: Fri Nov 14, 2014 11:51 am

Re: Chillin' in the BH Lounge

Post by Miriam2 »

From Nisiprius on "Bull/Bear Markets," Oct. 1, 2007 - A Tale of the Ticker

"This little pig went to market,
For to buy and sell his stocks;
This little pig came home again
With a system full of shocks!

I don't understand their language,
Don't know what it's all about,
For a bull buys up--and a bear sells down--
And a broker sells you out!

And here is the song
They sing the whole day long:

"Oh, the market's not so good today,
Your stocks look kinda sick,
In fact, they all drop down a point
Each time the tickers tick;

We'll have to have more margin now,
There isn't any doubt;
So you'd better dash
With a load of cash
Or we'll have to sell you out!"

The stock exchange is a funny place,
It's the strangest place in town:
The seats cost half a million cash
But the brokers won't sit down!

There's the broker, the bull and the bear,
It's queer, but it's not a joke,
For you get the bull
'Till your bankroll's bare
And the broker says you're broke!

"Oh the market's not so good today," etc."

--"A Tale of the Ticker," popular song c. 1930, popularized by by Frank Crumit"

:happy Enjoy listening to Frank Crumit singing "A Tale of the Ticker" on YouTube :D
John Bogle, "The Twelve Pillars of [Financial] Wisdom"- Pillar 7: The Powerful Magnetism of the Mean. Reversion to the mean prevails, sooner or later, in the financial jungle.
jef
Posts: 121
Joined: Fri Dec 21, 2007 11:35 pm

Re: Chillin' in the BH Lounge

Post by jef »

I found my way here during the recession
About to sell, I was stressin

Taylor’s sage advice kept me afloat
Now I have enough to buy a boat

But, I think I will just rent one for a day
Bogleheads have shown... me the way
Robconoclast
Posts: 75
Joined: Sat May 30, 2015 10:30 pm
Location: Ohio

Re: Chillin' in the BH Lounge

Post by Robconoclast »

Cryptocurrency...
Many seek to get rich quick
Houses of cards fall
Smoke me a kipper, I'll be back for breakfast
Carter3
Posts: 218
Joined: Thu Oct 31, 2013 12:51 pm
Location: Western Tennessee

Re: Chillin' in the BH Lounge

Post by Carter3 »

abuss368 wrote: Sun Feb 18, 2018 5:18 pm Bogleheads -

An incredible post and I am unsure what to say. Incredibly talented and creative folks are part of this group.

Best.
read this post but couldn't understand why it didn't rhyme
I read it with a cadence and even pantomimed
I thought to myself this one's really sublime
I even tried to break down its parts like an enzyme
The more I looked the more I wasted time
It left a funny taste in my mouth like a sour lime
How did the poem escape me I'm in my prime
Is there a hidden message on how to save a dime
Or is this the most egregious crime of a bogleheads lifetime?
Longtermgrowth
Posts: 730
Joined: Thu Nov 26, 2015 1:59 pm

Re: Chillin' in the BH Lounge

Post by Longtermgrowth »

Chillin like a villain actin all cool, maxin relaxin with my dividend stocks, actin a fool. Thinkin they're a perfect proxy for value, makin me drool. Livin off that dividend income, hopin not to exceed three percent, because I just don't want to repent :sharebeer
User avatar
SmileyFace
Posts: 6288
Joined: Wed Feb 19, 2014 10:11 am

Re: Chillin' in the BH Lounge

Post by SmileyFace »

"Should I buy or rent?"
A question that won't get locked like a simple vent.

"Did you hear about the latest scam in town?"
Be quick to respond to this before Lady Geek locks it down.

I made a statement which I didn't think was political.
Now my warning level shows an incremental.

The administrators on this forum do the best job around.
Keeping things civil and keeping the noise level down
Which is why I participate in this forum like nothing else in town.

....okay - so I'm not a poet....
camper1
Posts: 87
Joined: Wed Jan 01, 2014 12:39 pm

Re: Chillin' in the BH Lounge

Post by camper1 »

"just bought a rolex"
"bought a 100K car"
Boy, what spendthrifts these bogleheads are!
JBTX
Posts: 7558
Joined: Wed Jul 26, 2017 12:46 pm

Re: Chillin' in the BH Lounge

Post by JBTX »

To save money we eat beef stroganoff
But should I pay our mortgage off?
And 401k, traditonal? Or should I go Roth?

And which credit card should I churn?
A big bonus I would like to earn.
If it all works out I’ll have money to burn.
kagantx
Posts: 25
Joined: Sun Feb 04, 2018 1:39 am

Re: Chillin' in the BH Lounge

Post by kagantx »

Investment costs are such a pain
They'll make your gains go down the drain
But with index funds
and asset allocation
You won't worry about them again
Post Reply