Or "commando". It's the BH way - do the most with the least :lol: ...tsturbo wrote:Briefs or Boxers?
Discussions concerning leverage usually relate to real estate (mortgages are a form of leverage).verygoodthings wrote:I admit not having been here as long as most others, but in my scouring the boards:
2) Use of Margin or leverage
I think there is a general tendency to assume that given the EMH there is no point in having a point of view on valuations and certainly there is little point on acting on them. I tend to not be as doctrinaire and have not been shy about making large changes in my equity allocation or even choice of fixed income funds. Granted, large swings in my equity allocation have only been made a couple of times in now over 12 years of investing.nydad wrote:This page http://www.bogleheads.org/wiki/Boglehea ... Philosophy is a great overview of the areas on which there is general consensus amongst Bogleheads - including highly experienced authors, and denizens of this forum - stay the course, passive vs. active, index approach, asset allocation, low cost, diversify, be tax efficient, don't try to market time, don't try to predict interest rate changes...
However, much of the fun in this forum to me, and challenge, is when highly intelligent people disagree about fundamental things. So I wonder if we could try to catalog those here, and eventually create a wiki page for it.
This should not be every single little nitpicky disagreement - but rather big areas of disagreement.
Here are a few I've thought of:
Commodities futures and their role in portfolio (Swedroe vs Ferri)
Adding international/developed market bonds
Total Bond Market Index (Bogle says buy, Swedroe says no)
TIPS as inflation hedge, market timing on TIPS purchases
Whether small/value premiums will persist
Recommended allocation to international/emerging market equity
Any other thoughts? What questions do you have that the experienced members of this board don't agree on (leaving you, the poor individual, to have to make their own decision!)
Personal preference. Lump sum wins expectantly financially 2/3rds time. But behaviorally DCA is much better than lump sum. For huge life altering amounts of money, the better financial case can be made for DCA.manuvns wrote:is DCA generally agreed upon ( may be lump sum for small amount ? )
oh BTW used vs new car
For reference: Chuck Norris's Own (Index) Portfolio Revealed [Humor]. Please post responses in that thread, not here.gatorking wrote:But Chuck Norris can divide by zero.
Right. I don't see this as a controversy.RonV wrote:Leaving the smartest to be Phillies fans, right?friar1610 wrote:Baseball.
This observation can be generalized into a sort of meta-observation.Morgan wrote:Not only is timing the Bond market hard, but it is more difficult than timing the stock market.Opponent Process wrote:bond market timing. Bogleheads tend to agree that successfully timing the stock market is impossible, but are unsure about bond markets.
Bogleheads who time bond markets can't really have understood the principal of market efficiency in the first place. IMHO of course...