Search found 724 matches

by Rowan Oak
Sat Apr 03, 2021 5:13 pm
Forum: Investing - Theory, News & General
Topic: Risk Less Make More - Jonathan Clements
Replies: 34
Views: 3773

Risk Less Make More - Jonathan Clements

Knowledge is dangerous . To be fair, true knowledge isn’t dangerous. Instead, what’s dangerous is thinking we know something that’s unknowable—like which way stocks and bonds are headed next, or which individual stocks will outperform, or which fund managers will come out on top. This, of course, d...
by Rowan Oak
Wed Mar 31, 2021 3:45 pm
Forum: Investing - Theory, News & General
Topic: The Consequences of Ignoring Social Security - The White Coat Investor
Replies: 12
Views: 2421

The Consequences of Ignoring Social Security - The White Coat Investor

I run into people all the time who argue that Social Security is not going to be there for them, so they're not counting on it. As near as I can tell, few of those folks actually understand what that means... https://www.whitecoatinvestor.com/the-consequences-of-ignoring-social-security/ March 30, ...
by Rowan Oak
Sat Mar 20, 2021 7:42 am
Forum: Investing - Theory, News & General
Topic: ARE FINANCIAL markets in a bubble? - Jonathan Clements
Replies: 13
Views: 1896

ARE FINANCIAL markets in a bubble? - Jonathan Clements

ARE FINANCIAL markets in a bubble? It’s a question I’ve never liked. I believe stocks and bonds are fairly valued most of the time, which means it’s extraordinarily difficult to beat the market averages and our best bet is to buy index funds. But at the same time, during my adult life, there have b...
by Rowan Oak
Fri Feb 26, 2021 11:35 am
Forum: Investing - Theory, News & General
Topic: Debt is a Negative Bond - The White Coat Investor
Replies: 542
Views: 27330

Debt is a Negative Bond - The White Coat Investor

The basic concept is pretty easy to understand. Let's assume you have a $200K investment in a stock index fund and a $100K student loan. Your net worth is $100K. What is your asset allocation? Many people would say “100% stock”, but that is not technically true. In reality, you are 150% stock. This...
by Rowan Oak
Wed Jan 27, 2021 11:01 pm
Forum: Investing - Theory, News & General
Topic: Well, I am market timing due to coronavirus... Wish me luck.
Replies: 1439
Views: 133883

Re: Well, I am market timing due to coronavirus... Wish me luck.

Many BH's worldview literally does not allow for timing to work effectively at all over the short- or long-term. They believe that 'it's all priced in all, all the time.' They're free to believe that and act accordingly. But make no mistake, such a mindset creates a very strong bias. Perhaps it wil...
by Rowan Oak
Tue Dec 29, 2020 3:42 pm
Forum: Personal Finance (Not Investing)
Topic: Can we afford to build an $850,000 house
Replies: 90
Views: 6135

Re: Can we afford to build an $850,000 house

The American dream starts with home ownership. Find a lender and let them figure out how much they would lend you. A good lender already has this figured out, they crunch the numbers and tell you a number. How much a lender will loan you and how much you can actually afford are usually two differen...
by Rowan Oak
Sat Dec 26, 2020 9:46 pm
Forum: US Chapters
Topic: "The Hills of Bastogne"
Replies: 93
Views: 6215

Re: "The Hills of Bastogne"

Thank you, Taylor.
by Rowan Oak
Mon Dec 21, 2020 12:24 pm
Forum: Personal Investments
Topic: Options For Receiving a Financial Plan Without Ongoing Advice
Replies: 42
Views: 2216

Re: Options For Receiving a Financial Plan Without Ongoing Advice

L82GAME wrote: Mon Dec 21, 2020 10:45 am Rick Ferri: https://rickferri.com/
+1

Also, Allan S. Roth
Wealth Logic, LLC
https://daretobedull.com/
by Rowan Oak
Tue Dec 08, 2020 6:14 pm
Forum: US Chapters
Topic: [favorite] Boglehead quotes
Replies: 157
Views: 24267

Re: [favorite] Boglehead quotes

It is worth reminding readers that strategy differs from philosophy. We all have the same investment philosophy. We implement the philosophy through strategy, and that is personal and unique to each investor. There are three main components to investment success: Philosophy: What is your belief abo...
by Rowan Oak
Sat Dec 05, 2020 8:36 am
Forum: Investing - Theory, News & General
Topic: Next Year Foretold - from Jonathan Clements
Replies: 5
Views: 985

Next Year Foretold - from Jonathan Clements

THE MARKETS AREN’T predictable—but the talking heads sure are. Like a dog with a favorite fire hydrant, financial commentators return to the same themes again and again. The silver lining: There’s no need to waste hundreds of hours in 2021 reading the business section and watching financial news ch...
by Rowan Oak
Thu Dec 03, 2020 2:01 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 14291
Views: 1102434

Re: U.S. stocks continue to soar!

SCV is again outperforming. Remember Taylor's "Investors Were Warned" post , the warning being against Small-Cap and Small-Cap Value Funds, noting that Small-Cap Value Funds are the worst performing of all Morningstar style categories. For long-term investors, SCV has been a very good ass...
by Rowan Oak
Thu Dec 03, 2020 12:06 pm
Forum: Investing - Theory, News & General
Topic: Warren Buffett: "Don’t Invest This Way"
Replies: 38
Views: 4724

Re: Warren Buffett: "Don’t Invest This Way"

The best single thing you could have done on March 11, 1942, when I bought my first stock, was just buy an index fund, and never look at a headline, never think about stocks anymore. Had you invested $10,000 in such a fund at the time, you’d have ended up with $51 million. https://youtu.be/10QoUi2P...
by Rowan Oak
Tue Dec 01, 2020 3:57 pm
Forum: Investing - Theory, News & General
Topic: How To Make Your 401k Pay As Much As a Pension - from Harry Sit
Replies: 10
Views: 2869

How To Make Your 401k Pay As Much As a Pension - from Harry Sit

How do you make your 401k pay as much as a pension? One word: contribute. It takes about 15-20% of your pay to get to the level a typical pension plan once paid. If you want to achieve the same level of retirement income, you will need to target the contributions at 15-20% of your pay, counting you...
by Rowan Oak
Tue Dec 01, 2020 2:49 pm
Forum: Personal Investments
Topic: Willing to share your Taxable Portfolio?
Replies: 139
Views: 11783

Re: Willing to share your Taxable Portfolio?

Vanguard Total Stock Market Index Fund Admiral Shares (VTSAX) Vanguard 500 Index Fund Admiral Shares (VFIAX) (tax loss harvesting with VTSAX) Vanguard Large-Cap Index Fund Admiral Shares (VLCAX) (tax loss harvesting with VTSAX) Vanguard Total International Stock Index Fund Admiral Shares (VTIAX) Van...
by Rowan Oak
Fri Nov 27, 2020 3:51 pm
Forum: Investing - Theory, News & General
Topic: Not Experiencing Any Problems With Vanguard
Replies: 175
Views: 13160

Re: Not Experiencing Any Problems With Vanguard

20+ years with Vanguard (all accounts).
No problems.
by Rowan Oak
Fri Nov 27, 2020 1:54 pm
Forum: Investing - Theory, News & General
Topic: The 7 biggest shockers from my four decades of financial planning - from Allan Roth
Replies: 6
Views: 2417

The 7 biggest shockers from my four decades of financial planning - from Allan Roth

Working as a financial planner all of my adult life — the first 20 years as a corporate financial planner and the second half working with individuals — I’ve seen some big changes in the industry, some foreseeable and others, many in fact, that have been so counterintuitive or just plain out of lef...
by Rowan Oak
Sat Nov 21, 2020 9:41 am
Forum: Investing - Theory, News & General
Topic: Help Me Understand
Replies: 32
Views: 2901

Re: Help Me Understand

For most of my investing life, I was 60/40 stocks bonds and my plan was to always hold this asset allocation and now I'm in the balanced index fund, so I don't even have to adjust it. For the last 5 years or longer I have been hearing how bonds are a horrible investment and no one should own them. ...
by Rowan Oak
Fri Nov 20, 2020 3:46 pm
Forum: Investing - Theory, News & General
Topic: Tesla finally added to S&P 500 - Concerns from Reckenthaler
Replies: 58
Views: 4433

Re: Tesla finally added to S&P 500 - Concerns from Reckenthaler

Owning Total Stock isn't going to protect me or anything, but it is going to free me from anxieties about the addition of Tesla, because I've been owning Tesla since 2010 or so. If Tesla crashes, I lose perhaps 1% or 1.5% of what I have in Total Stock, but it will just be money that I had previousl...
by Rowan Oak
Thu Nov 19, 2020 7:37 pm
Forum: Investing - Theory, News & General
Topic: How would you respond to this? [Conversation about buying individual stocks]
Replies: 51
Views: 3989

Re: How would you respond to this? [Conversation about buying individual stocks]

I’d send him the book “Thinking in Bets” by Annie Duke. Congrats to this guy, he went “all in” pre-flop with 7, 9 off suit and won against A, K. Great job, you made a terrible call and came out on top. But it doesn’t make it a good call, it’s still a terrible call. The problem is one of repeatabili...
by Rowan Oak
Wed Nov 18, 2020 4:33 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 14291
Views: 1102434

Re: U.S. stocks continue to soar!

The smart investor is now lightening up on yesterday's moribund growth stories and buying US SCV & foreign stocks. The smart investor doesn't change their Asset Allocation by guessing what's going to happen next. That's what dumb investors do. Stop being a dumb investor. Pick a diversified Asse...
by Rowan Oak
Tue Nov 17, 2020 8:23 pm
Forum: Investing - Theory, News & General
Topic: Anyone here mostly cash in portfolio?
Replies: 210
Views: 22121

Re: Anyone here mostly cash in portfolio?

Since the March lows I've made a mistake of selling almost all of my equities. With everything up now, I realized I made a big mistake. Anyone in a similar situation and what did you end up doing? Based on your past behavior it could be you have a low risk tolerance. Have you ever considered the Va...
by Rowan Oak
Tue Nov 17, 2020 7:51 pm
Forum: Investing - Theory, News & General
Topic: Fed up With Flagship
Replies: 291
Views: 20231

Re: Fed up With Flagship

I've been with Vanguard 20+ years.
Service was fine the 4-5 times I've called or emailed over the years.
For me, it's also about knowing that when I'm gone my wife can use the Vanguard Personal Advisor Services if she needs to and not be charged an unfair management fee.
by Rowan Oak
Tue Nov 17, 2020 3:14 pm
Forum: Investing - Theory, News & General
Topic: Good time to think about your stock/bond allocation
Replies: 7
Views: 935

Re: Good time to think about your stock/bond allocation

As we approach Thanksgiving, it's hard to believe that just 8 short months ago, the dow had plummeted from record highs over 29000 to below 18500. After a rollercoaster of a year, the market is again at all-time highs just short of 30,000. This is a good time to think back to your fears in March. T...
by Rowan Oak
Mon Nov 16, 2020 8:49 pm
Forum: Personal Finance (Not Investing)
Topic: Sell house or keep as rental?
Replies: 22
Views: 1909

Re: Sell house or keep as rental?

dgilly wrote: Mon Nov 16, 2020 9:09 am We're still unsure about whether we'd be fine with the added responsibilities of being landlords.
For me, it was a part time job I didn't want.
by Rowan Oak
Mon Nov 16, 2020 8:13 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 14291
Views: 1102434

Re: U.S. stocks continue to soar!

k1982 wrote: Mon Nov 16, 2020 4:34 pm Name me one scenario right now or in coming months where the market would pull back at least 20% for a solid 12 months?
I like your optimism, but plan as if it is very possible with many different scenarios that no one can possibly predict.
by Rowan Oak
Mon Nov 16, 2020 8:03 pm
Forum: Personal Investments
Topic: How many years in fixed income if I won the game with 62x yearly expenses
Replies: 56
Views: 7448

Re: How many years in fixed income if I won the game with 62x yearly expenses

With 62x and being confident you've won the game why not go 50/50?

And simplify by quitting your real estate job (selling those rentals).
by Rowan Oak
Mon Nov 16, 2020 3:09 pm
Forum: Investing - Theory, News & General
Topic: Share proof that no one knows nothing
Replies: 68
Views: 7382

Re: Share proof that no one knows nothing

All the proof you need is right here on the Bogleheads forum:

U.S. stocks continue to soar!

U.S. stocks in free fall
by Rowan Oak
Sun Nov 15, 2020 8:53 pm
Forum: Investing - Theory, News & General
Topic: Starved & Searching for Yield???
Replies: 147
Views: 15571

Re: Starved & Searching for Yield???

Rick Ferri is the only advisor that I am aware of on the forum you historically recommended a 20% of bonds to High Yield. That has been a number of years so I am unsure if Rick currently recommends that or has simplified. His current recommendations are on his website: https://core-4.com/portfolios/
by Rowan Oak
Sun Nov 15, 2020 2:01 pm
Forum: US Chapters
Topic: [favorite] Boglehead quotes
Replies: 157
Views: 24267

Re: [favorite] Boglehead quotes

While it feels exciting in the beginning of a bear market to be able to "buy stocks on sale," I assure it isn't nearly as exciting 6-30 month into it when you're down 30%+ and it feels like you've been stuffing cash down a rathole for months or even years. It's all you can do to keep buyi...
by Rowan Oak
Sat Nov 14, 2020 12:13 am
Forum: US Chapters
Topic: [favorite] Boglehead quotes
Replies: 157
Views: 24267

Re: [favorite] Boglehead quotes

Rick Ferri wrote: Sat Mar 03, 2018 9:14 am The enemy of implimenting a good simple investment plan is the agony one puts themselves through trying to find the perfect complex investment plan, which can’t be known in advance.
by Rowan Oak
Fri Nov 13, 2020 11:26 pm
Forum: Personal Consumer Issues
Topic: PC Build Thread - 2020... and beyond!!!
Replies: 516
Views: 34972

Re: PC Build Thread 2020

The installer wouldn't proceed without an email address, so I gave it a bogus email and password which it promptly locked out. The next screen was a local login / password, which I entered and am using now. Microsoft loves to try to force you to use a "Microsoft Account" with Windows 10. ...
by Rowan Oak
Fri Nov 13, 2020 2:17 pm
Forum: Investing - Theory, News & General
Topic: Christine Benz article looks like Boglehead portfolio advice thread
Replies: 20
Views: 3126

Re: Christine Benz article looks like Boglehead portfolio advice thread

And a few more she's done: Getting a Second Opinion on a Stock-Heavy Portfolio Standing pat with stocks has worked well for Jeff and Debra, but with retirement within the next decade, is that still the right tack? Career Changer Plays Catch-Up on Retirement Savings Bumping up foreign stocks is one w...
by Rowan Oak
Fri Nov 13, 2020 1:02 pm
Forum: US Chapters
Topic: [favorite] Boglehead quotes
Replies: 157
Views: 24267

Re: [favorite] Boglehead quotes

Bogleheads: I love this conversation. It contains more good advice about investing, and in fewer words, than anywhere else I know. I agree, Taylor. I've been collecting quotes from posts made by Bogleheads for the last 6 years or so. I use a note taking app that allows me to organize the quotes and...
by Rowan Oak
Fri Nov 13, 2020 10:43 am
Forum: US Chapters
Topic: [favorite] Boglehead quotes
Replies: 157
Views: 24267

Re: [favorite] Boglehead quotes

John C. Bogle said that the best investing advice he ever got is "nobody knows nothing." One of the problems you need to deal with is that you are going to be constantly bombarded with utterly confident statements that are highly unreliable as guides to the future. It is made worse by the...
by Rowan Oak
Thu Nov 12, 2020 11:40 pm
Forum: Personal Finance (Not Investing)
Topic: If your net worth is over $3 million, how did you do it?
Replies: 543
Views: 141617

Re: If your net worth is over $3 million, how did you do it?

MANY people on this forum and in my circle are a 2 doctor, 2 lawyer, 2 MEGACORP, 2 IBANKING or 2 FAANG couple making MUCH MORE than we do. My wife's job is still considered more junior and not high paid. Many people on this forum bought a home in SoCal, NYC or Boston and benefitted from a huge runu...
by Rowan Oak
Thu Nov 12, 2020 10:44 pm
Forum: US Chapters
Topic: [favorite] Boglehead quotes
Replies: 157
Views: 24267

Re: [favorite] Boglehead quotes

I've been investing for 30 years, and the only thing I've seen is that no one knows enough to predict anything. All the fancy economists, all the people on T.V., all the posters on this board... no one knows enough. There are too many variables. No one can predict anything accurately, year after ye...
by Rowan Oak
Thu Nov 12, 2020 10:34 pm
Forum: US Chapters
Topic: [favorite] Boglehead quotes
Replies: 157
Views: 24267

Re: [favorite] Boglehead quotes

Successful investing is counter-intuitive There are two ways to get rich – make more or desire less "Successful investing is all about common sense." ~ John Bogle. “The market can stay irrational longer than you can stay solvent.” - John Maynard Keynes Sir John Templeton - “The most dange...
by Rowan Oak
Wed Nov 11, 2020 9:05 pm
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 6535
Views: 1449311

Re: What Movie Have You Recently Watched?

I thought the cinematography for The Queen's Gambit was exceptional especially the scene when Beth enters the Las Vegas hotel.
Episode 3 around minute 23.
by Rowan Oak
Wed Nov 11, 2020 8:45 pm
Forum: Personal Finance (Not Investing)
Topic: Recently sold house - roof leaking, repairs didn't work, being contacted by buyer
Replies: 128
Views: 13633

Re: Recently sold house - roof leaking, repairs didn't work, being contacted by buyer

The seller of our current house actually reached out to us because we had so many questions about the well that we were funneling to the realtor. He and my husband texted back and forth a lot during the sale. It was a little odd, I've never had contact like that before with a seller, but this is a ...
by Rowan Oak
Wed Nov 11, 2020 6:11 pm
Forum: Investing - Theory, News & General
Topic: Vanguard's Principles for Investing Success
Replies: 1
Views: 423

Vanguard's Principles for Investing Success

I had not seen this list of "Vanguard's Principles for Investing Success" presented together like this. The text below is from the video also linked below. Vanguard's Principles for Investing Success Goals. Balance. Cost. Discipline. Individually, they are steps in the right direction, but...
by Rowan Oak
Wed Nov 11, 2020 8:40 am
Forum: Personal Consumer Issues
Topic: How do YOU make coffee?
Replies: 342
Views: 24368

Re: How do YOU make coffee?

Pour over.

Sometimes I use an Aeropress.
by Rowan Oak
Wed Nov 11, 2020 8:32 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 14291
Views: 1102434

Re: U.S. stocks continue to soar!

oh no! lol I ruined about 3 months of out of life playing around with "tilting" small /medium/ large caps value/ growth changing the percentages on those funds every few days. I was never satisfied SP500 or Total Stock Market is the way to go. Very simple. Nothing to worry about. Sleep go...
by Rowan Oak
Tue Nov 10, 2020 6:40 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 22918
Views: 3006432

Re: U.S. stocks in free fall

I appreciate the diversity of views presented on this Board, and particularly in this thread and the companion “soaring” thread. Also note that these two threads are mostly joke threads and should not be taken too seriously. I like both threads, but people are a lot less Boglehead-ish in these thre...
by Rowan Oak
Tue Nov 10, 2020 6:08 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 22918
Views: 3006432

Re: U.S. stocks in free fall

Forester wrote: Sat Oct 31, 2020 4:55 pm The Tech Top is in - when the Nasdaq closed at 12,056 on September 2nd. It might be a new decade before the Nasdaq reaches that level again.
"Just remember, it's not a lie if you believe it."
-G. Costanza
by Rowan Oak
Tue Nov 10, 2020 8:39 am
Forum: Investing - Theory, News & General
Topic: Pay Off Debt or Invest? - The White Coat Investor
Replies: 10
Views: 1838

Pay Off Debt or Invest? - The White Coat Investor

Should you pay off debt or use your money to invest? Over and over again it is asked, always with slightly different details. 95% of the time, the answer is a simple “It depends.” So today, we're going to talk about what it depends on. I've written about this topic years ago and included a chapter ...
by Rowan Oak
Mon Nov 09, 2020 1:42 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 14291
Views: 1102434

Re: U.S. stocks continue to soar!

My Vanguard app is super slow. It's locked up. Brokerages will be busy today. Vanguard customers are known for their excessive trading. :P lol Vanguard has also switched the "Account Overview" page to the old style something they apparently do on days when website traffic/transaction volu...
by Rowan Oak
Fri Nov 06, 2020 3:01 pm
Forum: Non-US Investing
Topic: Percent of assets in a single broker
Replies: 31
Views: 3624

Re: Percent of assets in a single broker

The risk with multiple accounts that I think people underestimate are the risks of complexity, confusion, mentally "losing the picture," potental security issues if you break your terms of service and disclose passwords to an aggregation service, and, above all, potential problems locatin...