RTP, NC Chapter Meeting 11:00 AM Sat May 12, 2018

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Steve Thorpe
Posts: 199
Joined: Mon Oct 15, 2007 1:26 pm
Location: Durham, NC

RTP, NC Chapter Meeting 11:00 AM Sat May 12, 2018

Post by Steve Thorpe » Mon Apr 16, 2018 9:11 pm

Hello RTP Bogleheads®,

Meeting 29 of the Research Triangle Park Bogleheads® has been scheduled for 11:11 AM Saturday May 12, 2018 at the Bull City Burger & Brewery where interested 'heads can order burgers, fries and craft beers to enjoy during our meeting. This fun start time is based on our venue's official opening time. Burgers / fries / beers can be ordered inside and the staff will deliver them to wherever we are sitting (hopefully, out back!).

See below for directions and please let me know if you expect to join us so I can plan accordingly. Hope to see you there!

Location:
Bull City Burger & Brewery
107 E Parrish St, Durham, NC 27701
Google Map is here.
(919) 680-2333
Weather permitting we can try for tables on the back deck, otherwise we can sit somewhere inside.

Just FYI, after most of the previous meetings I posted a short summary... in case these are of interest, please check towards the end of these topics:
Also FYI I set up a Master Thread for RTP, North Carolina Bogleheads Chapter forum topic that you may wish to subscribe to... I'll try to remember to post a reminder of future RTP Bogleheads meetings to that topic.

Finally for those local 'heads not already on the list, I set up a Yahoo "rtpbogleheads" email list for our local chapter. Please consider joining the list to help our chapter communications (see below for joining details). From the group's description:
Welcome to the yahoo group of the Research Triangle Park, North Carolina Area Bogleheads Chapter. The Bogleheads are an investing and personal finance interest group inspired by the example of Jack Bogle, the founder of the Vanguard mutual fund company.

This list is primarily to foster easy communications among our local chapter members, in particular regarding reminders and logistics on upcoming meetings which we hope to hold approximately quarterly. All are encouraged to continue use the national forum (bogleheads.org) for most postings.

Please stick to the spirit of the national chapter's forum policies and etiquette: basically, keep to investing topics and stay away from politics. Further details on posting etiquette can be found here: http://www.bogleheads.org/forum/viewtopic.php?t=405

Initially this list will be configured to allow through all member postings in an un-moderated fashion, though adjustments may be made later as deemed appropriate by the list manager.

If you're interested to know of other local Boglehead chapters, please see the Google Map maintained by Mel Lindauer at http://www.lostsprings.com/diehards/chapters/

Thank you!

Steve Thorpe
RTP Area Bogleheads Chapter Organizer
rtpbogleheads Yahoo Group Addresses are:

Code: Select all

Subscribe:          rtpbogleheads-subscribe@yahoogroups.com
Post message:       rtpbogleheads@yahoogroups.com
Unsubscribe:        rtpbogleheads-unsubscribe@yahoogroups.com
List owner:         rtpbogleheads-owner@yahoogroups.com
Group home page:    http://groups.yahoo.com/group/rtpbogleheads
Please feel free to PM me if you have questions about yahoo group logistics.

Best wishes.
Steve Thorpe

User avatar
Steve Thorpe
Posts: 199
Joined: Mon Oct 15, 2007 1:26 pm
Location: Durham, NC

Re: RTP, NC Chapter Meeting 11:00 AM Sat May 12, 2018

Post by Steve Thorpe » Sun May 13, 2018 1:03 pm

Hi RTP Boglehead friends,

Happy Mother's Day!

Thank you to everyone who joined yesterday's RTP Bogleheads chapter meeting.

Sadly it seems our spring weather has already gone, so due to the heat we needed to sit inside where the acoustics weren't so good. Next time it is likely we'll return to Satisfaction Restaurant, or to some other venue where we can have a more comfortable setting...Stay tuned to the list and there will likely be an announcement about logistics for a late August meeting (probably August 25). if you have any alternate venue suggestions feel free to let me know. Ideal features would include some or all of the following (in no particular order):
  • High speed WiFi Internet access;
  • Quiet place with seating for around 20+ Bogleheads;
  • Opportunity for food+beers; and
  • Ability to project from a laptop.
Yesterday around a dozen of us (including several "newbies") had an enjoyable lunchtime conversation ranging all over the map, mostly but not completely about investing. Here are a few of the many topics we touched on:
  • Jack Bogle is a hero to Main St. investors everywhere. Thanks to him we are collectively reducing our expenses and improving our returns by billions of dollars per year!
  • Vanguard's asset base is now something like $5 trillion dollars, and growing at more than $1 billion dollars per day. Wowsa!
  • Our investing experiences during the 2008 crash
  • Our inability to reliably predict future market performance
  • Current status of Vanguard's customer service vs. in previous years
  • How much international exposure we have (basically it is all over the map among attendees!)
  • Excessive advisory fees being a huge marketing success for the financial industry
  • Complexity vs. Simplicity in investing, e.g. Larry Swedroe styled factor-based investing vs. Allan Roth's approach as described in his "How a Second Grader Beats Wall Street"
  • Health care system distortions due to opacity of actual costs
  • Commodities funds such as PCRIX
  • How everyone's varied expertise in different areas helps make the economy work
  • Required Minimum Distributions
  • Annuities
  • Continuing Care Retirement Communities.
    • Some work with Medicare but not all of them. If yours doesn't it could require you to go elsewhere at some point.
    • Many have long waiting lists (e.g. 6 years!). So if you're thinking about it you might want to get your name onto a list.
  • North Carolina School of Science and Math - it is a gem of NC's educational system
  • The federal budget, deficit, and debt
  • Meditation
  • Love everybody!
I really enjoyed seeing everyone yesterday and look forward to our next get-together in a few months. Thanks and have a great Sunday afternoon!
Steve Thorpe

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