San Jose, CA Area Bogleheads Chapter

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alanwbaker
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San Jose, CA Area Bogleheads Chapter

Post by alanwbaker » Sat Mar 21, 2015 7:28 pm

Join in, all ye denizens of the Valley of Hearts' Delight and Silicon Valley. The San Jose chapter was dormant for a while; let's re-invigorate it! :happy Our new name is South Bay Bogleheads.

Alan & Jim
Last edited by alanwbaker on Sat Jun 03, 2017 6:38 am, edited 1 time in total.

jc42
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Re: San Jose, CA Area Bogleheads Chapter

Post by jc42 » Sat Mar 21, 2015 9:14 pm

Wow! Thanks for setting this up, Alan.

So, today I went over to Sweet Tomatoes to nail down the room reservation for our Thursday, April16th meeting. We have the room from 6:30-8:30 PM.
There's a $50 fee, payable on the date. I'll handle that and just take an offsetting collection at the meeting.
There is no requirement or expectation on the part of Sweet Tomatoes for anyone to buy any food or beverages.

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JamesSFO
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Re: San Jose, CA Area Bogleheads Chapter

Post by JamesSFO » Mon Mar 23, 2015 9:46 am

Yep thanks for setting this up.

Dolphin1
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Re: San Jose, CA Area Bogleheads Chapter

Post by Dolphin1 » Mon Mar 23, 2015 5:08 pm

Following...can't commit to attending yet but will try.

the_jaguar
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Re: San Jose, CA Area Bogleheads Chapter

Post by the_jaguar » Mon Mar 23, 2015 6:02 pm

Thanks for setting this up. I am not a 100% sure if I can attend..

cheapguy123
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Re: San Jose, CA Area Bogleheads Chapter

Post by cheapguy123 » Tue Mar 24, 2015 3:53 am

Great to know about this and looking forward to meeting fellow Silicon Valley/San Jose Bogheads.

cheapguy123

Afty
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Re: San Jose, CA Area Bogleheads Chapter

Post by Afty » Thu Mar 26, 2015 11:15 pm

Hi San Jose area Bogleheads. I would be curious what you think about the housing market here and whether it makes "Boglehead" sense to buy a house now when prices are so high.

puma
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Re: San Jose, CA Area Bogleheads Chapter

Post by puma » Thu Mar 26, 2015 11:29 pm

Afty wrote:Hi San Jose area Bogleheads. I would be curious what you think about the housing market here and whether it makes "Boglehead" sense to buy a house now when prices are so high.


Personally, I would wait for the next downturn if I can. Especially if I am a first time home buyer. And "good schools" is a requirement. But it all depends on the individual situation (needs and finances), of course.

jc42
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Re: San Jose, CA Area Bogleheads Chapter

Post by jc42 » Fri Mar 27, 2015 11:16 am

Afty wrote:Hi San Jose area Bogleheads. I would be curious what you think about the housing market here and whether it makes "Boglehead" sense to buy a house now when prices are so high.


I think these kinds of decisions need to be made in the context of an overall written financial plan.

Regardless of the financials, is owning your own home an aspiration and stated goal?
Are you likely to live in the home for at least five, maybe ten years?
What's the risk of income interruptions that might make it difficult to service the mortgage?

There's been a lot of variation in price trends in different parts of Santa Clara county since 2007. Typically, prices are about where they were eight years ago. In PE terms, housing is selling for a multiple of about 20x earnings. That is, homes are selling for about 20x annual rent. That's not cheap, but not nosebleed either. In more desirable locations, it's higher, and in less desirable ones, lower.

The ratio of median home price to median household income is another value metric. Currently, homes are about 9x median household income. Again, not cheap, but not nosebleed either for this area.

Jim

Afty
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Re: San Jose, CA Area Bogleheads Chapter

Post by Afty » Fri Mar 27, 2015 11:31 pm

jc42 wrote:I think these kinds of decisions need to be made in the context of an overall written financial plan.

Regardless of the financials, is owning your own home an aspiration and stated goal?
Are you likely to live in the home for at least five, maybe ten years?
What's the risk of income interruptions that might make it difficult to service the mortgage?

There's been a lot of variation in price trends in different parts of Santa Clara county since 2007. Typically, prices are about where they were eight years ago. In PE terms, housing is selling for a multiple of about 20x earnings. That is, homes are selling for about 20x annual rent. That's not cheap, but not nosebleed either. In more desirable locations, it's higher, and in less desirable ones, lower.

The ratio of median home price to median household income is another value metric. Currently, homes are about 9x median household income. Again, not cheap, but not nosebleed either for this area.

Jim


I can give more context. My wife and I moved here 3.5 years ago from Boston for work. My wife is a physician, and I am a software engineer. We're in our mid-30s and have two small children, 5 and 1 1/2.

Since we moved here, we have been renting homes in Sunnyvale. The first home we lived in, I discovered a water leak under the house, and when they went to fix it, they found that the plumbing had essentially disintegrated and needed to be totally redone. They discovered termites as well. They declined to renew our lease, and in the middle of a time with a lot of external stress for our family, we had to find and move into a new house, which incidentally cost 50% more in rent.

With my older daughter about to enter kindergarten, I would like her to have some stability and not run the risk of having to switch schools if something happens with our house or landlord. My wife and I have always wanted to own a house, and at this point in our lives, I just want to be settled and be able to plan for the long term. I'm tired of temporary arrangements. We do plan to be here for the next 15-20 years, until the kids go to college.

I remember when we moved here in 2011, I thought that the house prices were in a bubble. A 3br/2ba on our street had listed for $980k and sold for $1.08 mil, and I thought that was just insane to pay $100k over asking. Now that same house would sell for probably $1.6 mil. I kind of wish we had bought then.

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JamesSFO
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Re: San Jose, CA Area Bogleheads Chapter

Post by JamesSFO » Sat Mar 28, 2015 12:18 am

Actually there have been like 3 recent threads on buying homes in the SF Bay area and many more, can I humbly request that we NOT turn this thread into a discussion of issues that are already pretty well addressed in other areas of this forum.

Copernicus
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Re: San Jose, CA Area Bogleheads Chapter

Post by Copernicus » Mon Mar 30, 2015 2:54 pm

jc42 wrote:There is no requirement or expectation on the part of Sweet Tomatoes for anyone to buy any food or beverages.


Thank you both for organizing this! I plan to attend. Is it expected that those attendees who want to eat there should eat before/after 6:30 - 8:30? Or, is the room suitable for, and the group will be ok if they eat during 6:30 - 8:30? Will this be a 'free agenda' get-together, or, will there be some 'BH kind of' topic, though may be not a strictly structured meeting? Thank you.

Satin
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Re: San Jose, CA Area Bogleheads Chapter

Post by Satin » Mon Mar 30, 2015 10:13 pm

I plan to attend as well.

jc42, (or any of the organizers)

would you PM me the address for the event?

Looking forward to it!

jc42
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Re: San Jose, CA Area Bogleheads Chapter

Post by jc42 » Tue Mar 31, 2015 12:31 am

Copernicus wrote:
jc42 wrote:There is no requirement or expectation on the part of Sweet Tomatoes for anyone to buy any food or beverages.


Thank you both for organizing this! I plan to attend. Is it expected that those attendees who want to eat there should eat before/after 6:30 - 8:30? Or, is the room suitable for, and the group will be ok if they eat during 6:30 - 8:30? Will this be a 'free agenda' get-together, or, will there be some 'BH kind of' topic, though may be not a strictly structured meeting? Thank you.


We have a group dining room reserved from 6:30-8:30PM on Thursday, April 16th, at Sweet Tomatoes in San Jose.
Sweet Tomatoes is at 113 Bernal Road. The major cross streets are Bernal Road and Santa Teresa Blvd.
The room is not obvious; but it's past the cash registers and to the right. Or just ask someone to point out the group meeting room.

Sweet Tomatoes requires a $50 fee. I will pay that up front and leave a collection basket out for those who would like to chip in some reimbursement, thank you.
There is no obligation or expectation for anyone to buy any food or beverages.

Regarding the agenda, I think 6:30-7:00 is a good time to arrive, get something to eat if you want, and generally meet other folks. The room is a dining room, so there's no problem with eating there.
People who want to eat later can do so. I don't think we need to be dogmatic about when to eat.

From 7-8 I'd like people to introduce themselves, say what brings them to the group, what they would like to get out of it, and what they can contribute. Your contribution could be certain experiences, skills, knowledge, whatever. It needn't be directly or specifically personal finance related; a lot of useful knowledge arises from cross-disciplinary interaction. It would be a good idea if people thought about what to say ahead of time so they can listen to what others are saying rather than thinking about what they want to say.

From 8-8:20, we should decide on the next meeting date and time, venue, agenda, and possible presenter(s) if that's in the cards.

Our meeting will adjourn at 8:30. The restaurant closes at 9PM.

Jim
Last edited by jc42 on Tue Apr 07, 2015 11:38 pm, edited 1 time in total.

jc42
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Re: San Jose, CA Area Bogleheads Chapter

Post by jc42 » Fri Apr 03, 2015 11:43 am

Afty wrote:Hi San Jose area Bogleheads. I would be curious what you think about the housing market here and whether it makes "Boglehead" sense to buy a house now when prices are so high.


This showed up for me today and I'm just offering it without affirming or denying its implications: http://seekingalpha.com/article/3048426-are-san-francisco-housing-prices-foreshadowing-the-next-global-financial-downturn

hicabob
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Re: San Jose, CA Area Bogleheads Chapter

Post by hicabob » Fri Apr 03, 2015 11:55 am

jc42 wrote:
Afty wrote:Hi San Jose area Bogleheads. I would be curious what you think about the housing market here and whether it makes "Boglehead" sense to buy a house now when prices are so high.


This showed up for me today and I'm just offering it without affirming or denying its implications: http://seekingalpha.com/article/3048426-are-san-francisco-housing-prices-foreshadowing-the-next-global-financial-downturn


The article seems to say the rate of increase in price has dropped to now "only" 7.9% per year.
from the article ...

"In late February, a very run-down four-bedroom house along the Outer Sunset's Great Highway listed for $799,000. The listing warned that the property was "in a deteriorative state" and that it was "not for the novice" to fix up. The property looked to be almost ripped apart, with carpeting torn off the stairs, drawers and appliances pulled out of the kitchen, and a boarded-over hole in one door. None of that mattered to the buyers, who saw potential in the ocean views and paid $1.21 million in all cash. The final price came in at $411,000 over asking."

jc42
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Re: San Jose, CA Area Bogleheads Chapter

Post by jc42 » Fri Apr 03, 2015 12:11 pm

hicabob wrote:
jc42 wrote:
Afty wrote:Hi San Jose area Bogleheads. I would be curious what you think about the housing market here and whether it makes "Boglehead" sense to buy a house now when prices are so high.


This showed up for me today and I'm just offering it without affirming or denying its implications: [url]http://seekingalpha.com/article/3048426-are-san-francisco-housing-prices-foreshadowing-the-next-global-financial-downturn[/url


The article seems to say the rate of increase in price has dropped to now "only" 7.9% per year.
from the article ...

"In late February, a very run-down four-bedroom house along the Outer Sunset's Great Highway listed for $799,000. The listing warned that the property was "in a deteriorative state" and that it was "not for the novice" to fix up. The property looked to be almost ripped apart, with carpeting torn off the stairs, drawers and appliances pulled out of the kitchen, and a boarded-over hole in one door. None of that mattered to the buyers, who saw potential in the ocean views and paid $1.21 million in all cash. The final price came in at $411,000 over asking."


One nice thing about these posts is that they stay here forever. So in a few years we can come back, see what unfolded, and hopefully learn from it. I'm in the camp of it's never "different this time" and history may not exactly repeat but it seems to rhyme.

southbayrider2
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Re: San Jose, CA Area Bogleheads Chapter

Post by southbayrider2 » Wed Apr 15, 2015 10:16 pm

When is the San Jose chapter meeting? I'm looking to network and meet ppl with the sameambitious financial mindset.

Dolphin1
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Re: San Jose, CA Area Bogleheads Chapter

Post by Dolphin1 » Wed Apr 15, 2015 10:40 pm

I'm not going to be able to make it to this but will try to next time.

jc42
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Re: San Jose, CA Area Bogleheads Chapter

Post by jc42 » Thu Apr 16, 2015 11:20 am

southbayrider2 wrote:When is the San Jose chapter meeting? I'm looking to network and meet ppl with the sameambitious financial mindset.


Here's the full text of the meeting announcement from higher up in this thread:

We have a group dining room reserved from 6:30-8:30PM on Thursday, April 16th, at Sweet Tomatoes in San Jose.
Sweet Tomatoes is at 113 Bernal Road. The major cross streets are Bernal Road and Santa Teresa Blvd.
The room is not obvious; but it's past the cash registers and to the right. Or just ask someone to point out the group meeting room.

Sweet Tomatoes requires a $50 fee. I will pay that up front and leave a collection basket out for those who would like to chip in some reimbursement, thank you.
There is no obligation or expectation for anyone to buy any food or beverages.

Regarding the agenda, I think 6:30-7:00 is a good time to arrive, get something to eat if you want, and generally meet other folks. The room is a dining room, so there's no problem with eating there.
People who want to eat later can do so. I don't think we need to be dogmatic about when to eat.

From 7-8 I'd like people to introduce themselves, say what brings them to the group, what they would like to get out of it, and what they can contribute. Your contribution could be certain experiences, skills, knowledge, whatever. It needn't be directly or specifically personal finance related; a lot of useful knowledge arises from cross-disciplinary interaction. It would be a good idea if people thought about what to say ahead of time so they can listen to what others are saying rather than thinking about what they want to say.

From 8-8:20, we should decide on the next meeting date and time, venue, agenda, and possible presenter(s) if that's in the cards.

Our meeting will adjourn at 8:30. The restaurant closes at 9PM.

Jim Cosgrove
Chapter 5 Coordinator

Shmom
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Re: San Jose, CA Area Bogleheads Chapter

Post by Shmom » Thu Apr 16, 2015 2:53 pm

I will be there this evening. Thank you for setting it up!

jc42
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Re: San Jose, CA Area Bogleheads Chapter

Post by jc42 » Fri Apr 17, 2015 4:04 pm

San Jose Bogleheads Ramping Up!


Last night 13 of us gathered at Sweet Tomatoes in South San Jose.
There was a wonderful flow of energy expressed across a wide range of age and experience.
We spent most of the time introducing ourselves, saying what draws us to the group, what we would like to get out of it, and what we can offer.
Great stuff.

So great that the next meeting was quickly and easily scheduled.

Once again, it will be at Sweet Tomatoes, 113 Bernal Road, in San Jose. The major cross streets are Bernal Road and Santa Teresa Blvd.
The date and time is Thursday, May 28th, 6:30-8:30PM.
All are welcome. Bring a friend!

At this meeting, I'll lead a review and discussion of the Vanguard Philosophy. Actually, it's called Vanguard's Principles for Investing Success.
We chose this topic because it's foundational and helps assure we're all on the same page.

Let's use the first 30 minutes to gather, settle in, and meet new people.
We can use the time from 7:00-8:10 for the featured topic.
Then we'll set the next meeting and close.
The restaurant closes at 9:00.

Sweet Tomatoes requires a $50 advance. As previously, I will handle that and leave a collection basket out for those who would like to chip in some reimbursement, thank you.
There is no obligation or expectation for anyone to buy any food or beverages.

Jim

jc42
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San Jose Bogleheads May Meeting

Post by jc42 » Sat May 02, 2015 8:03 pm

The next meeting of the San Jose Bogleheads will be at Sweet Tomatoes, 113 Bernal Road, in San Jose.
The major cross streets are Bernal Road and Santa Teresa Blvd.

The date and time is Thursday, May 28th, 6:30-8:30PM.
All are welcome. Bring a friend!

At this meeting I'll lead a review and discussion of the Vanguard Philosophy. Actually, it's called Vanguard's Principles for Investing Success.
We chose this topic because it's foundational and helps assure we're all on the same page.

Let's use the first 30 minutes to gather, settle in, get something to eat (optional, not required) and meet new people.
We can use the time from 7:00-8:10 for the featured topic, then set the next meeting and close.

The restaurant closes at 9:00.

Sweet Tomatoes requires a $50 advance. Like last month, I'll handle that and leave a collection basket out for those who would like to chip in some reimbursement, thank you. You guys and gals did a great job on more than covering the fee last month, so we're $27 ahead of the curve for this month.

Jim

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alanwbaker
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Re: San Jose, CA Area Bogleheads Chapter

Post by alanwbaker » Mon May 25, 2015 8:55 pm

13 enthusiastic folks came to our organizational meeting last month and we've decided to call ourselves the South Bay Bogleheads. Our second meeting is coming up and you are welcome.

Our own Jim Cosgrove will give us an overview of the Vanguard philosophy to get us started on the right foot. And there will be lots of time for interaction and Q&A. That's Thursday, May 28th, from 6:30-8:30PM. We'll be in the "back room" at Sweet Tomatoes, 113 Bernal Rd, San Jose.

Alan & Jim

JW-Retired
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Re: San Jose, CA Area Bogleheads Chapter

Post by JW-Retired » Mon May 25, 2015 9:09 pm

Good work guys but your meeting is just so awfully South of South Bay we can't make it.
Maybe Sunnyvale/Santa Clara next time?
Regrets,
JW
Retired at Last

jc42
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June Meeting Scheduled

Post by jc42 » Fri May 29, 2015 10:38 am

The next meeting of the San Jose Bogleheads will be at Sweet Tomatoes, 113 Bernal Road, in San Jose on Wednesday, June 17th, 6:30-8:30PM.
The major cross streets are Bernal Road and Santa Teresa Blvd.

All are welcome. Bring a friend!

At this meeting Chad Minnis has agreed to lead a review and discussion of robo-advisers- what they are, how they're used, their costs and benefits. Thank you Chad!

We'll use the first 30 minutes to gather, settle in, get something to eat (optional, not required) and meet new people. We can use the time from 7:00-8:10 for the featured topic, then set the next meeting and close.

The restaurant closes at 9:00.

Sweet Tomatoes requires a $50 advance. It's $52 after taxes. As has become the custom, I'll pre-pay and then pass the basket for a free-will donation, thank you. We're +$14 now, so everyone's doing a great job of covering this.

Jim

jc42
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July Meeting Scheduled

Post by jc42 » Thu Jul 02, 2015 8:39 pm

The next meeting of the San Jose Bogleheads will be at Sweet Tomatoes, 113 Bernal Road, in San Jose on Thursday, July 23rd, 6:30-8:30PM. The major cross streets are Bernal Road and Santa Teresa Blvd.

At this meeting I and my wife (Jane) will lead a discussion and activity on the household Financial Policy Statement (FPS). This is an adaptation based on Charlie Ellis’s Investment Policy Statement that he wrote about back in the 90’s and is now widely used.

We will also bring blank forms and guide attendees in beginning to craft their own FPS.

All are welcome. Bring a friend!

We'll use the first 30 minutes to gather, settle in, get something to eat (optional, not required) and meet new people. Our topical material will be offered from about 7:00-8:15. Then we’ll talk about the next meeting and adjourn by 8:30. The restaurant closes at 9:00.

Sweet Tomatoes requires a $50 advance; $52 after taxes. I’ve pre-paid to secure the room. As is the custom, we’ll pass the basket for a free-will donation, thank you. We're -$4 now, so we need a little amping up of the donations. I know you will.

Jim

jc42
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August Meeting Scheduled

Post by jc42 » Wed Aug 05, 2015 6:52 pm

The next meeting of the San Jose Bogleheads will be at Sweet Tomatoes, 113 Bernal Road, in San Jose on Thursday, August 20th, 6:30-8:30PM. The major cross streets are Bernal Road and Santa Teresa Blvd.

This month features a two-fer.

First, Derek will present on "Paying Yourself First, Automatically."
This is a Great Topic for those of you on the young side of 40, and for those of you whose children are stepping into adulthood.

Then I'll facilitate a discussion on a portfolio pre-mortem as described in a recent Wall Street Journal piece ( http://blogs.wsj.com/moneybeat/2015/08/14/reassess-your-investments-before-the-next-panic/.

We'll use the first 30 minutes to gather, settle in, get something to eat (optional), meet new people, chat.
The topical material will be offered from about 7:00-8:15. Then we’ll talk about the next meeting and adjourn by 8:30.
The restaurant closes at 9:00.

I've pre-paid the $52 Sweet Tomatoes requires to guarantee the room.
As is the custom, we’ll pass the basket for a free-will donation to cover the cost.

All are welcome. No RSVPs needed. Bring a friend!

jc42
Posts: 38
Joined: Fri Mar 20, 2015 9:55 pm

Septmer Meeting Scheduled: We've Moved!

Post by jc42 » Wed Sep 02, 2015 8:22 pm

Date: TUESDAY, SEPTEMBER 22nd
Time: 6:45-8:15 PM
Place: Starbuck's Cafe in Barnes & Noble on Almaden Expressway and Hwy 85.

Topic: Gordon will lead a discussion on Asset Allocation. He's extremely knowledgeable and published on the topic. You can check his website at https://www.aacalc.com/.

We'll start gathering at around 6:45, begin the program 7:00, and wrap things up by 8:15.

No RSVPs required. All are welcome. Bring a friend.

jc42
Posts: 38
Joined: Fri Mar 20, 2015 9:55 pm

Let's try this again: San Jose Bogleheads November Meeting Scheduled

Post by jc42 » Fri Oct 02, 2015 12:25 am

Date: TUESDAY, November 17th
Time: 6:45-8:15 PM
Place: Starbuck's Cafe in Barnes & Noble on Almaden Expressway and Hwy 85.
Topic: Open Forum.

Jim will moderate an informal discussion on what people are doing (or not doing) in the less benign market environment that has developed this year. So this is a good opportunity to come and tell your story, or just hang out and hear what others have to say. Either way, you'll probably learn something.

If anyone went to the Boglehead Conference in October, we'd love to hear about your experience.

And finally, what are your thoughts on what you'll do in 2016?

We'll start gathering at around 6:45, begin in earnest at 7:00, and wrap things up by 8:15.
No RSVPs required. All are welcome. Bring a friend.

jc42
Posts: 38
Joined: Fri Mar 20, 2015 9:55 pm

San Jose Bogleheads, January Meeting Announcement

Post by jc42 » Mon Jan 04, 2016 10:35 pm

Date: TUESDAY, January 12th
Time: 6:45-8:15 PM
Place: Starbuck's Cafe in Barnes & Noble on Almaden Expressway and Hwy 85.
Topic: Open Forum.

Jim will moderate an informal discussion on what people are doing or plan to do in 2016. Come and and tell your story, or just hang out and hear what others have to say. Either way, you'll probably learn something.

We'll start gathering at around 6:45, begin in earnest at 7:00, and wrap things up by 8:15.
No RSVPs required. All are welcome. Bring a friend.

jc42
Posts: 38
Joined: Fri Mar 20, 2015 9:55 pm

February 2016 Meeting Scheduled

Post by jc42 » Mon Feb 01, 2016 9:04 pm

San Jose Bogleheads February Meeting

Date: THURSDAY, February 11th
Time: 6:45-8:15 PM
Place: Starbuck's Cafe in Barnes & Noble on Almaden Expressway and Hwy 85.
Topic: Open Forum.

Jim will moderate an informal discussion based on what you bring to the table. Or if you have a topic you'd like to present, just let us know so we are sure to use our time wisely.

We'll start gathering at around 6:45, begin in earnest at 7:00, and wrap things up by 8:15.
No RSVPs required. All are welcome. Bring a friend.

jc42
Posts: 38
Joined: Fri Mar 20, 2015 9:55 pm

San Jose Bogleheads March Meeting

Post by jc42 » Tue Mar 08, 2016 7:16 pm

San Jose Bogleheads March Meeting

Date: TUESDAY, March 22nd
Time: 6:45-8:15 PM
Place: Starbuck's Cafe in Barnes & Noble on Almaden Expressway and Hwy 85.
Topic: Vanguard Philosophy

Hey everyone, it’s our one-year anniversary!

In this meeting I'll lead a review and discussion of the Vanguard Philosophy aka Vanguard’s Principles for Investing Success. We chose this topic because it's foundational, it’s numbers light, easy to understand, and helps assure we're all starting on the same page. This also makes it a great opportunity to come check us out if you've been "thinking about it."

We'll start gathering at around 6:45, begin in earnest at 7:00, and wrap up by 8:15.
No RSVPs are needed; just show up. All are welcome. Bring a friend, an ex, parent, child, or spouse.

jc42
Posts: 38
Joined: Fri Mar 20, 2015 9:55 pm

San Jose Bogleheads April Meeting Revision

Post by jc42 » Sun Apr 03, 2016 4:28 pm

Date: THURSDAY, April 21st
Time: 6:45-8:15 PM
Place: Starbuck's Cafe in Barnes & Noble on Almaden Expressway and Hwy 85.
Topic: Open Forum

The original intent to feature an overview of wills, trusts, durable powers of attorney, beneficiaries, and so on has been deferred to Saturday, May 14th. More information coming soon.

So in April we'll do "Open Forum." Bring your questions, ideas, topics and lets knock it around.

We'll start gathering at around 6:45, begin in earnest at 7:00, and wrap up by 8:15.
No RSVPs are needed; just show up. All are welcome. Bring a friend, an ex, parent, child, or spouse.

jc42
Posts: 38
Joined: Fri Mar 20, 2015 9:55 pm

San Jose Bogleheads May Meeting

Post by jc42 » Mon May 16, 2016 2:10 pm

Date: THURSDAY, May 19th
Time: 7:15-8:45 PM
Place: Starbuck's Cafe in Barnes & Noble on Almaden Expressway and Hwy 85.
Topic: DOL's Fiduciary Rules and Open Forum

Jim (that's me) will give a brief overview and description of the Dept of Labor's new fiduciary rules-- what they are, what it means, how you might be affected.

"Open Forum" means to bring your thoughts, questions, ideas, topics and have an opportunity to explore them.

We'll start gathering at around 7:15, begin in earnest at 7:30, and wrap up by 8:45.
No RSVPs are needed; just show up.
All are welcome. Bring a friend, an ex, a parent, child, spouse, or new graduate.

In the meantime, here's an indication of just how lucrative the money management business can be:
According to the graphic here, http://ritholtz.com/wp-content/uploads/2016/05/Wealthiest-Americans-by-State.jpg, at about $17 billion, Abigail Johnson is the richest person in Massachusetts. If you're unfamiliar with the name, she's the current CEO of Fidelity Investments, and the granddaughter of the founder. Suitability has been a wonderful standard.

lemonPepper
Posts: 88
Joined: Wed Feb 18, 2015 7:43 pm

Re: San Jose, CA Area Bogleheads Chapter

Post by lemonPepper » Fri Jun 24, 2016 7:42 pm

I'm new to boglehead investing and have been reading a lot of boglehead recommended books. I'd love to attend a San Jose meeting with Bogleheads. When is the next one?

jc42
Posts: 38
Joined: Fri Mar 20, 2015 9:55 pm

Re: San Jose, CA Area Bogleheads Chapter

Post by jc42 » Fri Jun 24, 2016 8:37 pm

Hello,
The next San Jose Bogleheads meeting is scheduled for Thursday, July 23rd.
It'll be at the Starbuck's Cafe in Barnes & Noble, near Hwy 85 and Almaden Expwy, from 7:30-8:30.

No particular topic has been offered, so we'll likely be in Open Forum form.
Although Brexit is in the news right now, by the end of July we'll be in full out political convention distraction.

Feel free to join us!
Thanks.
Jim

jakes
Posts: 4
Joined: Sun Aug 12, 2012 9:06 pm
Location: San Jose, California

Re: San Jose, CA Area Bogleheads Chapter

Post by jakes » Fri Jun 24, 2016 8:52 pm

jc42 wrote:Hello,
The next San Jose Bogleheads meeting is scheduled for Thursday, July 23rd.
It'll be at the Starbuck's Cafe in Barnes & Noble, near Hwy 85 and Almaden Expwy, from 7:30-8:30.

No particular topic has been offered, so we'll likely be in Open Forum form.
Although Brexit is in the news right now, by the end of July we'll be in full out political convention distraction.

Feel free to join us!
Thanks.
Jim

I think Jim means Thursday, July 21st.

jc42
Posts: 38
Joined: Fri Mar 20, 2015 9:55 pm

Re: San Jose, CA Area Bogleheads Chapter

Post by jc42 » Fri Jun 24, 2016 8:58 pm

Yep. I was looking at the June calendar. Sorry.

jc42
Posts: 38
Joined: Fri Mar 20, 2015 9:55 pm

San Jose Bogleheads August Meeting

Post by jc42 » Tue Aug 02, 2016 11:09 pm

The San Jose Bogleheads will meet on Thursday, August 25, 7:30-8:30 PM, in the Starbucks Cafe at Barnes & Noble on Almaden Expressway near Highway 85.

Last month we agreed to have a session on Target Date and Life Strategy funds.

There are several ways you can participate:
- Just show up, have a listen, ask questions, and learn what you can.
- Be willing to give a brief overview (3-5 minutes) of either fund type. (Let me know ahead of time if you would like to do this.)
- Talk about how you use these investments, or why you don't.

Here are some reference links:

Target Retirement Funds
https://www.bogleheads.org/wiki/Vanguard_target_retirement_funds

Life Strategy Funds
https://www.bogleheads.org/wiki/Vanguard_LifeStrategy_Funds

Advantages and Disadvantages
https://www.bogleheads.org/wiki/Vanguard_funds:_life_strategy_funds_vs_target_retirement_funds

Mark your calendar!

jms
Posts: 2
Joined: Fri Jun 22, 2012 10:03 pm

Re: San Jose, CA Area Bogleheads Chapter

Post by jms » Sat Aug 20, 2016 2:22 pm

Hi all,

I just discovered this local chapter.... is there a process to join the group or can I just come to the next meeting?

Thanks,
- Jim

jakes
Posts: 4
Joined: Sun Aug 12, 2012 9:06 pm
Location: San Jose, California

Re: San Jose, CA Area Bogleheads Chapter

Post by jakes » Sat Aug 20, 2016 3:57 pm

jms wrote:Hi all,

I just discovered this local chapter.... is there a process to join the group or can I just come to the next meeting?

Thanks,
- Jim

There's no process, just show up at the next meeting which is on August 25 :) The meeting details are in jc42's recent post.

jc42
Posts: 38
Joined: Fri Mar 20, 2015 9:55 pm

Re: San Jose, CA Area Bogleheads Chapter

Post by jc42 » Sat Aug 20, 2016 5:09 pm

Yes indeed. As jakes stated, just show up. See meeting details in my August 2 note.
Look forward to seeing you!

jms
Posts: 2
Joined: Fri Jun 22, 2012 10:03 pm

Re: San Jose, CA Area Bogleheads Chapter

Post by jms » Sat Aug 20, 2016 7:29 pm

jc42 wrote:Yes indeed. As jakes stated, just show up. See meeting details in my August 2 note.
Look forward to seeing you!


Thanks jc42 and jakes.

jc42
Posts: 38
Joined: Fri Mar 20, 2015 9:55 pm

San Jose Bogleheads September Meeting

Post by jc42 » Wed Sep 07, 2016 10:29 pm

The San Jose Bogleheads will meet on Thursday, September 22, 7:30-8:30 PM, in the Starbucks Cafe at Barnes & Noble on Almaden Expressway near Highway 85.

This month's topic will be managing taxes in non-tax deferred accounts.

If you've had some experience with this, or just want to come hear the conversation and learn something, show up!

Also, Kathleen Ryan, who has led the Bay Area Bogleheads for a long time, and helped create the San Jose Bogleheads, is stepping down from her post. If you have an inclination to step up in her place, please let us know.

FoolStreet
Posts: 425
Joined: Fri Sep 07, 2012 12:18 am

Re: San Jose, CA Area Bogleheads Chapter

Post by FoolStreet » Thu Sep 08, 2016 6:24 pm

Curious if the locals can comment on estate planning professionals & co-trustees & investment managers who use passive and index funds with a 3 fund folio. I'm doing estate plans and would like to name a corporate co-trustee for a beneficiary in case I pass. Who do you all use? (Vanguard may be the choice, but curious what the other locals use).

jc42
Posts: 38
Joined: Fri Mar 20, 2015 9:55 pm

San Jose, CA Bogleheads October Meeting

Post by jc42 » Thu Oct 06, 2016 2:00 am

The San Jose Bogleheads will meet on Tuesday, October 18th, 7:30-8:30 PM, in the Starbucks Cafe at Barnes & Noble on Almaden Expressway near Highway 85.

This month's format is Open Forum. However, I'll share some information from an article I recently came across where it was written that:

An investor who socked away $10,000 in an S&P 500 index fund four decades ago would now have $560,000. That same wad of money invested in five ___(I'll name the fund group at the meeting)___funds that mirrored the S&P 500 would be worth $1.15 million- net of fees.

Really? I thought. Show me. So I did some work on this and will share my findings at the meeting by way of an advisor-client role play. Who wants to be a "client?" Could be a fun session.

Bring a friend.

emanuel_v19
Posts: 116
Joined: Thu Oct 20, 2016 11:15 am

Re: San Jose, CA Area Bogleheads Chapter

Post by emanuel_v19 » Thu Oct 20, 2016 1:47 pm

New here and I missed the meet up this week. Plan to attend the next and learn lots of interesting things. How many people usually show up? just curious. Is it every week?

jc42
Posts: 38
Joined: Fri Mar 20, 2015 9:55 pm

San Jose Bogleheads January 2017 Meeting

Post by jc42 » Thu Oct 20, 2016 5:26 pm

San Jose Bogleheads will meet on Tuesday, January 17th, 7:30-8:30pm in the Starbucks Cafe
at Barnes & Noble near Hwy 85 and Almaden Expressway.

This month we'll have Open Forum. Let's have a round table discussion of
what your strategy is 2017.

No RSVPs needed. Just show up. Bring a friend.
Last edited by jc42 on Tue Jan 10, 2017 5:36 pm, edited 1 time in total.

emanuel_v19
Posts: 116
Joined: Thu Oct 20, 2016 11:15 am

Re: San Jose, CA Area Bogleheads Chapter

Post by emanuel_v19 » Tue Oct 25, 2016 2:06 pm

I see. Than you!

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