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Dan Wiener and FFSA
vanbookie 05-12-2008, 1:33 PM | Post #2517098 |  66 Replies
2  

I am new to this forum.  I have some familarity with Vanguard but no indepth knowledge of the best performing funds.  I have about $175,000 to invest, sitting in the PMM fund at the moment.  I came across Dan Wiener's newsletter and would like to know what those on this board think of his advice?  Do some here follow his sample portfolios?  Has he offered good advice over the years?  Is a subscription to his newsletter worth $99/year?  Can i do just as well on my own with the advice offered here, or on the Boglehead board, and with advice from the trade rags?  Any advice is appreciated.  Thanks.

 

Vanbookie

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Re: Dan Wiener and FFSA
ButWait 05-13-2008, 6:34 PM | Post #2517525
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I retired March 2007 and subscribed to DW's newsletter, which I find somewhat helpful from time to time.  I have my IRA divided into two pots: one a modified DW's  growth portfolio and the other a 50/50. I do a lot or reading & skimming of books, magazines and online articles/information.  I enjoy summarizing things and have done so for over 35 years during my professional career.  I receive the most enjoyment and generally helpful information and suggestions from a great group of DW's adviser online forum members.  The forum, I believe, is the best part of the subscription.

ButWait   

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Re: Dan Wiener and FFSA
luapnoj 05-13-2008, 7:43 PM | Post #2517537
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Hi ButWait,

Its nice to see you posting  on the diehards forum.  I am also  a member of the DW Adviser Online Forum. Let's try to get  more of  DW's followers  posting over here.

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Re: Dan Wiener and FFSA
rpetrocelli 05-13-2008, 8:10 PM | Post #2517548
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luapnoj:

Let's try to get  more of  DW's followers  posting over here.

Wouldn't it be ironic if the ultimate impact of the Bogleheads leaving the board is that Dan Wiener subscribers take over the Diehards board?  It sounds like a play by Euripides.

Petrocelli 

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Re: Dan Wiener and FFSA
myopinion 05-13-2008, 8:13 PM | Post #2517550
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Well Andy is here. Perhaps we might even get Adrian to join the party. Just like old times. Wonder if we can get another 100 posts.  luapnoj what is your forum name ?
 

Macfield/Murfield the DW portfolios were started in 1991 not 1999. Not  sure if that was a typo or the date he picked up Health care.

nero 

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Re: Dan Wiener and FFSA
luapnoj 05-14-2008, 4:10 AM | Post #2517657
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I thank it would be wonderful to have  more DW followersw posting here. All of the origional diehards  are now Bogleheads.

I'll bet M* would be happy to see this forum become  more active again.

luapnoj

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Re: Dan Wiener and FFSA
chinwhisker 05-14-2008, 7:06 AM | Post #2517672
3  
luapnoj:

I thank it would be wonderful to have  more DW followersw posting here. All of the origional diehards  are now Bogleheads.

I'll bet M* would be happy to see this forum become  more active again.

This is not just pointed at you luapnoj, but all. Why the need for a new church? What is wrong with your old gathering place?

You are all welcome to join in on the conversations here, especially if you are looking to broaden your horizons.

Chin

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Re: Dan Wiener and FFSA
bilperk 05-14-2008, 8:06 AM | Post #2517684
3  
chinwhisker:
luapnoj:

I thank it would be wonderful to have  more DW followersw posting here. All of the origional diehards  are now Bogleheads.

I'll bet M* would be happy to see this forum become  more active again.

This is not just pointed at you luapnoj, but all. Why the need for a new church? What is wrong with your old gathering place?

Hi Chin,

I think he gave a good reason: "I'll bet M* would be happy to see this forum become  more active again."

The problem here is that this place isn't working anymore.  The poster who generates the most interest is Petrocelli.  Every time he goes on a posting spree, the volume goes way up,  but he can't carry the board single handedly.

I'd love to see my old friends from DW forum come over here to post.  They will talk about active funds, what sectors may do well in the near term in their opinion, should I sell my TIPs and go into HIY funds and such.  And it will mainly be about Vanguard funds, which is what this board is all about.

 The historical culture of this board, IMO, is that every opinion expressed here by someone is challenged by someone else and then turns into a discussion about investing, instead of Vanguard and their funds.  The focus is on the wrong thing.  Those who want those discussions about theory and investing in index funds have departed for the other board.  They only come back every once in a while to make sure we haven't covered over their graffiti.

If the culture is changed and it become clear that any discussion of VG funds is not only welcomed, but that people can have an opinion without having to spend hours defending it, then I think the numbers will grow to be in line with the other successful forums here.

As least that is my demented view on a warm and sunny morning in Florida.

best,

Bill

 

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Re: Dan Wiener and FFSA
NewBoglehead 05-14-2008, 8:18 AM | Post #2517689
2  
Easier said than done to simply follow the advice on message boards, which is often contradictory and not necessarily authoritative or even the correct advice.  I'm not shilling for Wiener and am not a subscriber, however I suspect his recommendations are profitable, for te most part, given the success of his newsletter.  In the end, it's just easier for many people to follow one person's historically successful strategies than to sort through hundreds of posts on message boards from anonymous posters.
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Re: Dan Wiener and FFSA
Sunnyand80 05-14-2008, 2:38 PM | Post #2517801
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bilperk:

Well said. 

 I do not post here often, but I remember you from the DW forum some time back. I believe you were not totally pleased with DW's letter, and I can understand that. Not everyone is.  Speaking for myself, I need the discipline from DW's letter, and the encouragement and discussion of the forum. The forum is by far the best of the subscription. If I was not a subscriber, I would probably be performance chaising as I did in the 90's. 

 

There are some VERY good discussions on Dan's forum; and some very savy people giving their opinions and recommendations.  We are all very much the same, as we all have a computer and an internet connection. I even enjoy macfields posts - sometimes.

 

Don't need a new church, just new views about Vanguard and their funds, active or passive..

 

Bill

 

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Re: Dan Wiener and FFSA
luapnoj 05-14-2008, 4:20 PM | Post #2517833
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bilperk,

Very well said. You just hit a home run. I wish you would post  your statement as a new post so more people would  be sure to see it.

Thanks

Re: Dan Wiener and FFSA
chinwhisker 05-14-2008, 6:59 PM | Post #2517886
2  
bilperk:
chinwhisker:
luapnoj:

I thank it would be wonderful to have  more DW followersw posting here. All of the origional diehards  are now Bogleheads.

I'll bet M* would be happy to see this forum become  more active again.

This