Search found 8269 matches

by bertilak
Thu Apr 22, 2021 5:07 pm
Forum: Personal Consumer Issues
Topic: What Book Are You Currently Reading? Part VI
Replies: 5099
Views: 1325516

Re: What Book Are You Currently Reading? Part VI

Non Fiction Lovers: Charlie Munger The Complete Investor by Then Griffin 12 Rules for Life by Jordon B. Peterson (awesome!) The Road to Character David Brooks +1 Man's Search for Meaning Viktor Frankel Correction TREN Griffin. A relative of mine and great writer! I read Tren Griffin's Charlie Munge...
by bertilak
Wed Apr 21, 2021 9:12 am
Forum: Personal Investments
Topic: New To Investing
Replies: 14
Views: 1081

Re: New To Investing

One must take investment risks to get investment returns. The goal is to limit the risk while getting adequate returns. Risk is managed with diversification and asset allocation. Not all risk is adequately rewarded. Poor risk is risk that could have been "diversified away." The above is tr...
by bertilak
Tue Apr 20, 2021 8:19 pm
Forum: Investing - Theory, News & General
Topic: If active investing is foolish, why do we utterly, blindly trust active investors (fools) to set prices for us?
Replies: 26
Views: 2591

Re: If active investing is foolish, why do we utterly, blindly trust active investors (fools) to set prices for us?

From my IPS:
Trying to pick individual stocks or sectors is the opposite of diversifying and is a failing strategy. You are pitting yourself against the experts. Let them fight it out amongst themselves then go with the results as represented by capitalization weighted (cap-weighted) index funds.
by bertilak
Mon Apr 19, 2021 2:22 pm
Forum: Personal Consumer Issues
Topic: [What TV Show Have You Recently Watched?]
Replies: 2782
Views: 276279

Re: [What TV Show Have You Recently Watched?]

'Allo 'Allo! This is a very funny British comedy. It focuses on the life of a French café owner who has to deal with German army officers, the French Resistance, a stolen painting, the gestapo, his invalid mother-in-law, a pair of trapped British airmen and others. Funny. Available on Amazon Prime....
by bertilak
Mon Apr 19, 2021 2:05 pm
Forum: Personal Consumer Issues
Topic: [What TV Show Have You Recently Watched?]
Replies: 2782
Views: 276279

Re: [What TV Show Have You Recently Watched?]

'Allo 'Allo! This is a very funny British comedy. It focuses on the life of a French café owner who has to deal with German army officers, the French Resistance, a stolen painting, the gestapo, his invalid mother-in-law, a pair of trapped British airmen and others. Funny. Available on Amazon Prime....
by bertilak
Mon Apr 19, 2021 6:48 am
Forum: Personal Investments
Topic: What does "won the game stop playing" mean in practice?
Replies: 192
Views: 14899

Re: What does "won the game stop playing" mean in practice?

To me it means you are no longer in the growth mode with higher returns and risk -- you should be more in the asset preservation mode with a more moderate allocation. Agreed -- for the amount of assets that put you in the winners circle. (That means enough to provide a reliable and adequate income....
by bertilak
Sat Apr 17, 2021 4:25 pm
Forum: Personal Investments
Topic: Seeking advice on an investment that cannot be liquidated.
Replies: 46
Views: 4033

Re: Seeking advice on an investment that cannot be liquidated.

I don't think they are all "scams", I'm sure some come out ahead with some deals. But anyone saying they are looking to buy into one of these through an FA, I'd automatically say there are probably better options that will likely give you a better return, have more diversification, and ha...
by bertilak
Sat Apr 17, 2021 1:27 pm
Forum: Investing - Theory, News & General
Topic: Does Index Investing Reduce Market Efficiency
Replies: 5
Views: 323

Re: Does Index Investing Reduce Market Efficiency

"Does Index Investing Reduce Market Efficiency"

When I see articles like this (and there are TONS of them) I always think "Gee, I wish my investments had that power. If they did I'd go to the trouble of seeing how I could profit from it!
by bertilak
Sat Apr 17, 2021 1:06 pm
Forum: Personal Investments
Topic: Inheritance Advice: Mortgage or Investing
Replies: 12
Views: 1272

Re: Inheritance Advice: Mortgage or Investing

I say get the mortgage out of the way as there is only 78K left.

Invest the remaining $122K to "top up" your actual AA to met your target AA.

You can use your improved cash flow to invest from here on in.

You might want to be sure those individual stocks are worth the complications.
by bertilak
Sat Apr 17, 2021 9:39 am
Forum: Personal Investments
Topic: Seeking advice on an investment that cannot be liquidated.
Replies: 46
Views: 4033

Re: Seeking advice on an investment that cannot be liquidated.

The longer you re in it, the more you ll lose. My experience was quite the opposite. I was happy to take the contracted 7% for several years, until they bought me out (at cost). If they didn't by me out they were contracted to start to paying me 11%. This is not to say all non-traded (aka un-priced...
by bertilak
Sat Apr 17, 2021 8:55 am
Forum: Personal Investments
Topic: Seeking advice on an investment that cannot be liquidated.
Replies: 46
Views: 4033

Re: Seeking advice on an investment that cannot be liquidated.

The longer you re in it, the more you ll lose. My experience was quite the opposite. I was happy to take the contracted 7% for several years, until they bought me out (at cost). If they didn't by me out they were contracted to start to paying me 11%. This is not to say all non-traded (aka un-priced...
by bertilak
Fri Apr 16, 2021 7:03 pm
Forum: Personal Investments
Topic: Seeking advice on an investment that cannot be liquidated.
Replies: 46
Views: 4033

Re: Seeking advice on an investment that cannot be liquidated.

One reason is that the return can be high. Of course the premium paid to the sales people helps make the sale. They probably earn it by being able to make it understandable and attractive to a layperson. Undoubtedly, there may be rare occasions where it works out. However, I tend to be the ultimate...
by bertilak
Fri Apr 16, 2021 1:31 pm
Forum: Personal Investments
Topic: Seeking advice on an investment that cannot be liquidated.
Replies: 46
Views: 4033

Re: Seeking advice on an investment that cannot be liquidated.

I am sorry for anyone who got snookered into an investment like this. I frankly cannot understand why any individual would want to invest in something that is not liquid - i.e., you cannot easily unload it. No matter how well it might perform, even if it performed as promised, at some point you are...
by bertilak
Fri Apr 16, 2021 12:02 pm
Forum: Personal Consumer Issues
Topic: Electric Toothbrush Replacement Recommendations?
Replies: 46
Views: 3018

Re: Electric Toothbrush Replacement Recommendations?

I've had both Oral-B and Sonicare. Somewhat prefer the Sonicare. I have https://www.amazon.com/gp/product/B00KZHP1GG/. Just checked -- I've had it 4 years and 3 months. Bought replacement brushes a couple of times. Have not even thought about replacing the device itself. It's been working great sinc...
by bertilak
Thu Apr 15, 2021 6:33 pm
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 6592
Views: 1453643

Re: What Movie Have You Recently Watched?

Jane Got a Gun , on Blu-ray DVD. A Western romance action film with Natalie Portman. Meh. What's a DVD It's an optical disc that you buy to play at in your home. You own it, and it can't be taken away from you, and playing it is not dependent on your internet connection. Far superior to streaming. ...
by bertilak
Thu Apr 15, 2021 4:50 pm
Forum: Personal Consumer Issues
Topic: [What TV Show Have You Recently Watched?]
Replies: 2782
Views: 276279

Re: [What TV Show Have You Recently Watched?]

'Allo 'Allo! This is a very funny British comedy. It focuses on the life of a French café owner who has to deal with German army officers, the French Resistance, a stolen painting, the gestapo, his invalid mother-in-law, a pair of trapped British airmen and others. Funny. Available on Amazon Prime....
by bertilak
Thu Apr 15, 2021 4:25 pm
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 6592
Views: 1453643

Re: What Movie Have You Recently Watched?

Death in the Clouds , on YouTube. While Poirot sleeps on an airplane flight from Paris to London, a notorious French moneylender is murdered with a poisoned dart. Is this with David Suchet? How did the plot/acting compare with other Poirots? Thanks. RM Yes, David Suchet stars as Poirot. I always en...
by bertilak
Thu Apr 15, 2021 4:20 pm
Forum: Personal Finance (Not Investing)
Topic: "Nobody's ever regretted paying off the mortgage."
Replies: 491
Views: 32308

Re: "Nobody's ever regretted paying off the mortgage."

Ive really enjoyed reading both sides of this thread. Now here is a hypothetical- If you had a pension, would that effect your decision one way or another? What is your reasoning The pension would go into the cash-flow side of whatever evaluations I was making. Paying off a mortgage converts assets...
by bertilak
Thu Apr 15, 2021 4:08 pm
Forum: Personal Consumer Issues
Topic: Quicken Download problem with Vanguard -- SOLVED
Replies: 23
Views: 1499

Re: Quicken Download problem with Vanguard

My download problem relates to the fact that I manage multiple Vanguard accounts: mine, my husbands and my grandchildrens. Quicken downloads my husbands account correctly and my grandchildren's 529s , but downloads an incorrect amount for my account. I have tried file repair, tried deleting my acco...
by bertilak
Thu Apr 15, 2021 1:45 pm
Forum: Personal Finance (Not Investing)
Topic: "Nobody's ever regretted paying off the mortgage."
Replies: 491
Views: 32308

Re: "Nobody's ever regretted paying off the mortgage."

And it's not just a matter of "feeling" more secure; you actually are more secure . How so? Genuine question. Over the years many people (for example Abraham Maslow) have listed, categorized and prioritized peoples' needs from the basic to the lofty. Probably all of these lists include sh...
by bertilak
Wed Apr 14, 2021 9:04 pm
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 6592
Views: 1453643

Re: What Movie Have You Recently Watched?

Thank you! It was not meant to be movie-centric, but that is certainly a memorable scene when combined with the music. It represents the spark of understanding I received when I first decided to go Bogleheadish in my investments. Ah, now I get it! Of course one doesn't need to "get" it's ...
by bertilak
Wed Apr 14, 2021 3:06 pm
Forum: Personal Finance (Not Investing)
Topic: "Nobody's ever regretted paying off the mortgage."
Replies: 491
Views: 32308

Re: "Nobody's ever regretted paying off the mortgage."

It reduces risk. I disagree. It reduces liquidity. I wouldn't phrase it as reducing risk, but doing what amounts to almost the same thing: increasing security. You may be willing and able to take on a riskier AA -- you are less reliant on returns from your investments. I also agree it reduces liqui...
by bertilak
Wed Apr 14, 2021 2:43 pm
Forum: Personal Finance (Not Investing)
Topic: "Nobody's ever regretted paying off the mortgage."
Replies: 491
Views: 32308

Re: "Nobody's ever regretted paying off the mortgage."

There is certainty in paying off a mortgage, you know what you're getting when you pay it off. Logically, yes you will do better overall financially if you keep a low interest mortgage and invest surplus funds rather than do a payoff... but you do not know this for certain until after the fact. For...
by bertilak
Wed Apr 14, 2021 12:28 pm
Forum: Personal Finance (Not Investing)
Topic: How to settle on a fee with a Tax Preparer
Replies: 4
Views: 388

Re: How to settle on a fee with a Tax Preparer

Hi Bogleheads, I have been doing my own taxes for many years but recently they've gotten just slightly more complex due to having a Trust. In general I feel like I have less time to do taxes since I am busy with my kids now too. So I am thinking of using a tax preparer, but I am not sure how I woul...
by bertilak
Wed Apr 14, 2021 12:21 pm
Forum: Personal Finance (Not Investing)
Topic: "Nobody's ever regretted paying off the mortgage."
Replies: 491
Views: 32308

Re: "Nobody's ever regretted paying off the mortgage."

For people who view things from a cash-flow perspective paying off a mortgage greatly improves monthly cashflow substantially by eliminating what is for most people by far the largest line item in their monthly budget. There were two overriding reasons for me paying off my mortgage, besides the fac...
by bertilak
Wed Apr 14, 2021 11:58 am
Forum: Personal Investments
Topic: Alternative to Total Bond?
Replies: 46
Views: 4599

Re: Alternative to Total Bond?

Questioning our decision to stay the course with Total Bond. We are following the 3 fund portfolio for the most part without fixed income (Bond) portion in our tIRAs. The accounts lost a substantial amount during the last quarter. Wondering if there are any other funds out there that could serve as...
by bertilak
Sun Apr 11, 2021 6:33 am
Forum: Personal Finance (Not Investing)
Topic: Homeowner Insurance Claim
Replies: 3
Views: 505

Re: Homeowner Insurance Claim

I filed a homeowners claim filed for ice dam and subsequent water intrusion in February. Allstate sent a third party claims consultant/initial inspector to review damage. Allstate estimator followed up with Restoration/Service/Remodel that doesn't reflect actual damages and costs to restore damage....
by bertilak
Sun Apr 11, 2021 6:04 am
Forum: Investing - Theory, News & General
Topic: “Buy and Hold No More” says A16Z
Replies: 90
Views: 9131

Re: “Buy and Hold No More” says A16Z

I am not sure why many people on this forum believe that their way is the ONLY way. I mostly index, but I don't believe that it is the ONLY way to be successful and I don't believe I am smarter than others simply because I don't do what they do. It is interesting that so many people say X portfolio...
by bertilak
Sat Apr 10, 2021 5:42 pm
Forum: Investing - Theory, News & General
Topic: My Vanguard account blocked or site down?
Replies: 21
Views: 1671

Re: My Vanguard account blocked or site down?

nisiprius wrote: Sat Apr 10, 2021 5:33 pm Sites like isup.me are of some value
That gets you to one of the links I posted above (https://downforeveryoneorjustme.com/). They must have "isup.me" registered as an alias.

See https://support.dnsimple.com/articles/alias-record/ for an explanation.
by bertilak
Sat Apr 10, 2021 5:33 pm
Forum: Investing - Theory, News & General
Topic: “Buy and Hold No More” says A16Z
Replies: 90
Views: 9131

Re: “Buy and Hold No More” says A16Z

Adfmacro wrote: Sat Apr 10, 2021 2:53 pm A quote from the article “ most retail traders to believe they have above-average trading ideas and strategies.” How can MOST be right?
They can ALL "believe" but that doesn't make ANY of them right.
by bertilak
Sat Apr 10, 2021 5:30 pm
Forum: Investing - Theory, News & General
Topic: My Vanguard account blocked or site down?
Replies: 21
Views: 1671

Re: My Vanguard account blocked or site down?

For whatever reason, Vanguard access has been spotty for a day or so.

For future reference, here are a couple of sites that will test access for you: Both of those were reporting Vanguard down but all has been OK so far today.
by bertilak
Sat Apr 10, 2021 1:25 pm
Forum: Personal Finance (Not Investing)
Topic: Do budgets work?
Replies: 122
Views: 4888

Re: Do budgets work?

Yes, it works. You can't manage what you don't measure. The crux. I use Quicken but ignore the budgeting aspect. I do measure very precisely. Quicken makes precise measurement workable as it is nearly all automated. This includes the upcoming month's spending. I can measure that before it happens b...
by bertilak
Sat Apr 10, 2021 12:55 pm
Forum: Investing - Theory, News & General
Topic: Has Wellington fund changed its focus?
Replies: 4
Views: 824

Re: Has Wellington fund changed its focus?

I used to own Wellington and find this an interesting question. I found the following from Vanguard: VanguardWellington™ Fund Supplement Dated March 29, 2021, to the Statement of Additional Information Dated March 29, 2021 Important Change to VanguardWellington Fund Effective at the close of busines...
by bertilak
Fri Apr 09, 2021 10:33 am
Forum: Personal Investments
Topic: I cant find anything better than S&P
Replies: 74
Views: 8028

Re: I cant find anything better than S&P

Vtsax then chill? Isnt it literally same as vfiax historically? Not according to portfoliovisualizer. What is better? See my chart above (https://www.bogleheads.org/forum/viewtopic.php?p=5933353#p5933353). You can decide for yourself if one is better than the other. Isnt it essentially the same? Th...
by bertilak
Fri Apr 09, 2021 10:25 am
Forum: Personal Investments
Topic: I cant find anything better than S&P
Replies: 74
Views: 8028

Re: I cant find anything better than S&P

My vote: Total US Stock Market Index and chill. Vtsax then chill? Isnt it literally same as vfiax historically? Not according to portfoliovisualizer. What is better? See my chart above (https://www.bogleheads.org/forum/viewtopic.php?p=5933353#p5933353). You can decide for yourself if one is better ...
by bertilak
Fri Apr 09, 2021 10:09 am
Forum: Personal Investments
Topic: I cant find anything better than S&P
Replies: 74
Views: 8028

Re: I cant find anything better than S&P

Do you guys have any other suggestion where to put money? A total stock market index fund is broader and includes some some small and mid cap stocks in addition to all the S&P 500 stocks. A total stock market index fund is generally considered to be a better choice even though it is something l...
by bertilak
Fri Apr 09, 2021 8:56 am
Forum: Personal Investments
Topic: I cant find anything better than S&P
Replies: 74
Views: 8028

Re: I cant find anything better than S&P

Do you guys have any other suggestion where to put money? A total stock market index fund is broader and includes some some small and mid cap stocks in addition to all the S&P 500 stocks. A total stock market index fund is generally considered to be a better choice even though it is something l...
by bertilak
Wed Apr 07, 2021 3:09 pm
Forum: Personal Investments
Topic: How should I invest cash just sitting in the bank?
Replies: 27
Views: 4109

Re: How should I invest cash just sitting in the bank?

I struggled with the same problem when I first started investing in 2012. I had just transferred everything to Vanguard and got my Roth IRA started, but was very hesitant about making Taxable investments due to what the market was doing. Here's what it looked like in the spring of 2012: https://i.p...
by bertilak
Tue Apr 06, 2021 4:53 pm
Forum: Personal Investments
Topic: Self-managed 3 Fund or Life Strategy vs Vanguard PAS for 80 year old
Replies: 12
Views: 1236

Re: Self-managed 3 Fund or Life Strategy vs Vanguard PAS for 80 year old

If your father is 80 you must also be getting up in years so I suggest not taking on too much responsibility. You must have other responsibilities to take care of or interests to pursue. This leads me to favor the PAS option.
by bertilak
Tue Apr 06, 2021 11:54 am
Forum: Personal Investments
Topic: Any 3 fund portfolio folks hedging on Total Bond?
Replies: 8
Views: 813

Re: Any 3 fund portfolio folks hedging on Total Bond?

My 50% allocation to bonds is hedged by a 50% allocation to stocks and has been for many years. I expect that allocation to meet my needs for the next many years. The idea that you have to do something in investing is dangerous, and you know that. The particular idea of exchanging total bond for CD...
by bertilak
Tue Apr 06, 2021 10:28 am
Forum: Personal Investments
Topic: Re-balancing tutorial
Replies: 14
Views: 1223

Re: Re-balancing tutorial

Greetings- Is there a easy to understand reading or tutorial on re-balancing? I was set to shift my investments to the 3 fund approach: VTSAX; VTIAX; & VBTLX or VSIGX. I googled read a few articles on re-balancing but it sounds more complicated than I thought, although I read in here that it is...
by bertilak
Tue Apr 06, 2021 10:08 am
Forum: Personal Finance (Not Investing)
Topic: Choosing a Supplement G Medicare Company
Replies: 15
Views: 1276

Re: Choosing a Supplement G Medicare Company

In Oregon it is possible to switch to a lower level plan without underwriting. It also depends on the company. I had Plan N with Blue Cross/Blue Shield (BCBS). They would not let me switch from Plan N to Plan F without going through underwriting. Talking to Humana (where I had my Part D) I learned ...
by bertilak
Tue Apr 06, 2021 9:16 am
Forum: Personal Finance (Not Investing)
Topic: Choosing a Supplement G Medicare Company
Replies: 15
Views: 1276

Re: Choosing a Supplement G Medicare Company

In Oregon it is possible to switch to a lower level plan without underwriting. It also depends on the company. I had Plan N with Blue Cross/Blue Shield (BCBS). They would not let me switch from Plan N to Plan F without going through underwriting. Talking to Humana (where I had my Part D) I learned ...
by bertilak
Mon Apr 05, 2021 5:43 pm
Forum: Personal Investments
Topic: Large sum -- to DCA or not to DCA?
Replies: 120
Views: 9502

Re: Large sum -- to DCA or not to DCA?

(lots of stuff) I will agree to disagree on this. I no longer have the interest or energy to beat around this bush. Life goes on! EDIT: Ok, I will add one thing. Going back to an earlier post of mine: "I do not think that word (volatility) means what you think it means." I will stipulate ...
by bertilak
Mon Apr 05, 2021 5:13 pm
Forum: Personal Investments
Topic: Large sum -- to DCA or not to DCA?
Replies: 120
Views: 9502

Re: Large sum -- to DCA or not to DCA?

Further analysis: Yes, DCA does get you an average price which is guaranteed to be less than (or equal to) the highest price. It is also guaranteed to be greater than (or equal to) the lowest price. BUT that says nothing about being less than or greater than the LSI price, which is the comparison t...
by bertilak
Mon Apr 05, 2021 3:57 pm
Forum: Investing - Theory, News & General
Topic: Staying the course means buying your AA despite the "conversation in the marketplace"
Replies: 34
Views: 3845

Re: Staying the course means buying your AA despite the "conversation in the marketplace"

Personally buying my AA every month is easy. That's the ratio set in my employer plan and that's where the monthly contributions are going into. It's re-balancing that takes some stomach (re-balancing into stocks early last April convinced me I can follow my AA, something I'm glad to finally know I...
by bertilak
Mon Apr 05, 2021 3:34 pm
Forum: Personal Investments
Topic: Large sum -- to DCA or not to DCA?
Replies: 120
Views: 9502

Re: Large sum -- to DCA or not to DCA?

I don't get why you have such a problem with the fact that volatility has been a stand-in for risk in financial terms. The main "problem" is the proposition that purchase price effects volatility but that is not MY problem. I don't think he says that. I think he says the opposite. Volatil...
by bertilak
Mon Apr 05, 2021 1:01 pm
Forum: Personal Investments
Topic: Large sum -- to DCA or not to DCA?
Replies: 120
Views: 9502

Re: Large sum -- to DCA or not to DCA?

The endless arguments about Lump Sum vs. DCA are not framing the issue properly. You just added $500k to your portfolio. Right now it is in cash. Your AA is not the 90/10 you say you want, and what you had, but it is now 40/60 and the real issue is how do you propose to rebalance. This is how Const...
by bertilak
Mon Apr 05, 2021 12:23 pm
Forum: Personal Investments
Topic: Large sum -- to DCA or not to DCA?
Replies: 120
Views: 9502

Re: Large sum -- to DCA or not to DCA?

Speaking of financial risks there are many different sources. They all generate volatility (of returns). If they didn't, we wouldn't care about them. Anyway, I suspect that I'm wasting my time here. “You keep using that word. I do not think it means what you think it means.” -Inigo Montoya I don't ...