Search found 5961 matches

by Alex Frakt
Sat Aug 29, 2015 10:59 am
Forum: Investing - Theory, News & General
Topic: Can the market go up forever?
Replies: 44
Views: 2619

Re: Can the market go up forever?

I have no idea what "stuff" is, so I can't even figure out what this thread is about. I need a more technical term to go on than "stuff" even to determine whether there is a finite amount of it. There is a a finite amount of everything, except possibly time. Ultimately stuff is ...
by Alex Frakt
Fri Aug 28, 2015 5:05 pm
Forum: Investing - Theory, News & General
Topic: Can the market go up forever?
Replies: 44
Views: 2619

Re: Can the market go up forever?

Alright so following your analogy what would happen is that as more goods are produced but there are the same number of dollars in the economy either prices will have to come down and profits would go down to or the company would have to produce less. Why would there be the same number of dollars? ...
by Alex Frakt
Fri Aug 28, 2015 1:44 pm
Forum: Investing - Theory, News & General
Topic: Can the market go up forever?
Replies: 44
Views: 2619

Re: Can the market go up forever?

Why are we asking this question? Why does this matter? Even if growth dropped to zero – either in total or per capita. The world reaches a steady state of capital outlay, production, and consumption. So, no asset growth so no returns there. But there should still be earnings – and steady flow of di...
by Alex Frakt
Fri Aug 28, 2015 1:32 pm
Forum: Investing - Theory, News & General
Topic: Can the market go up forever?
Replies: 44
Views: 2619

Re: Can the market go up forever?

I'm looking at it like this. Lets say there are only 2 people in the world and they each have $10. They create a stock market and they could bid up the prices between each other. There is a limit to how high prices can go. You are missing that stocks aren't like baseball cards. Instead they represe...
by Alex Frakt
Fri Aug 28, 2015 1:08 pm
Forum: Investing - Theory, News & General
Topic: Can the market go up forever?
Replies: 44
Views: 2619

Re: Can the market go up forever?

Well, not forever. Eventually our sun will die and take out the Earth and at some point all suns will die or everything will collapse into a giant singularity. But I suspect you are inquiring about timeframes of less than a billion years. The answer then is "Yes". As long as the publicly t...
by Alex Frakt
Thu Aug 27, 2015 2:12 pm
Forum: Investing - Help with Personal Investments
Topic: Investment help [providing for spouse without pension]
Replies: 5
Views: 445

Re: Investment help [providing for spouse without pension]

If your expenses other than food are $500 per month and her income will be at least $1200 a month with a mid 6-figure backstop, you don't actually have a problem. Congratulations :-)
by Alex Frakt
Thu Aug 27, 2015 1:25 am
Forum: Investing - Help with Personal Investments
Topic: Investment help [providing for spouse without pension]
Replies: 5
Views: 445

Re: Investment help [providing for spouse without pension]

Given the time frame of a minimum of 8 years and the need for at least some growth, I suggest the old standby of a 60/40 stocks/bonds allocation. Vanguard Lifestrategy Moderate Growth is a good fit as is Wellington since you seem to be comfortable with Vanguard's actively managed funds. I might even...
by Alex Frakt
Wed Aug 26, 2015 12:18 am
Forum: Investing - Theory, News & General
Topic: How to Be a Better Investor Than Donald Trump
Replies: 3
Views: 547

Re: How to Be a Better Investor Than Donald Trump

Very faulty premise. How much money did he start with? We would need to know that number. Fortune ignores this. From the article: Trump’s net worth has grown about 300% to an estimated $4 billion since 1987, according to a report by the Associated Press. Anyway, a reminder on our forum policy: Non-...
by Alex Frakt
Tue Aug 25, 2015 3:23 pm
Forum: Investing - Theory, News & General
Topic: Can anyone help me understand China
Replies: 31
Views: 3625

Re: Can anyone help me understand China

Multiple posts, including several including offensive stereotypes, were removed. The thread is going to stay locked.
by Alex Frakt
Sat Aug 22, 2015 9:16 am
Forum: Investing - Help with Personal Investments
Topic: [needs help - down to] annuity [and SS]
Replies: 1
Views: 139

Re: [needs help - down to] annuity [and SS]

The money that you spent is gone. Unless you can show that your bank had you invested in clearly inappropriate holdings that performed poorly. I'm only guessing at this based on the original title of your thread "Bank eating my annuity." But depending on your age when you started receiving...
by Alex Frakt
Wed Aug 19, 2015 2:35 pm
Forum: Personal Finance (Not Investing)
Topic: Bank closed all my accounts without explanation
Replies: 66
Views: 5425

Re: Bank closed all my accounts without explaination

at least they can try and investigate and contact me But they did. I recall they called me few weeks ago and lady asked if i can share some info. I said dependd what ur asking. She asked what i did for a living and i told her thats my business. I consider that my pvt info and dont want disclose it ...
by Alex Frakt
Wed Aug 19, 2015 11:37 am
Forum: Investing - Help with Personal Investments
Topic: What happens to a euro denominated ETF if the euro ceases to exist
Replies: 14
Views: 936

Re: What happens to a euro denominated ETF if the euro ceases to exist

Currencies might enter and exit the Euro, but it is unlikely to cease existence. If it does, you'll have plenty of warning, and some currency (Mark?) is likely to become the NewEuro. Any advice on how to deal with such a situation? Sure. Don't worry about it. The denomination of the ETF has no effe...
by Alex Frakt
Wed Aug 19, 2015 12:57 am
Forum: Investing - Help with Personal Investments
Topic: What happens to a euro denominated ETF if the euro ceases to exist
Replies: 14
Views: 936

Re: What happens to a euro denominated ETF if the euro ceases to exist

Currencies might enter and exit the Euro, but it is unlikely to cease existence. If it does, you'll have plenty of warning, and some currency (Mark?) is likely to become the NewEuro. Any advice on how to deal with such a situation? Sure. Don't worry about it. The denomination of the ETF has no effe...
by Alex Frakt
Tue Aug 18, 2015 11:38 pm
Forum: Personal Consumer Issues
Topic: Vehicle suggestions for Tall?
Replies: 50
Views: 3956

Re: Vehicle suggestions for Tall?

This question comes up regularly on the forum. Here's a good thread from 2013, so the cars recommended will be closer in model year to what you are looking at: http://www.bogleheads.org/forum/viewtopic.php?f=11&t=121029 Anyway, an Accord or Camry (whichever fits better) make the most sense, but ...
by Alex Frakt
Tue Aug 18, 2015 1:54 am
Forum: Investing - Theory, News & General
Topic: Do you believe in the Shamita?
Replies: 20
Views: 729

Re: Do you believe in the Shamita?

Thread replaced (it was temporarily removed for Moderator review), but locked. It's an investing question so we are leaving it, but an unusually silly one with no particular basis in reality so we are locking it.
by Alex Frakt
Mon Aug 17, 2015 2:06 pm
Forum: Personal Consumer Issues
Topic: How to assess value of jewelry
Replies: 5
Views: 380

Re: How to assess value of jewelry

What you want is called an "insurance appraisal". That is the retail cost to replace your collection. Is there an auction house in your area? They all have appraisal services (or can refer you to one). Also some of the houses now do free online appraisals, you have to upload photos and a d...
by Alex Frakt
Mon Aug 17, 2015 1:43 pm
Forum: Investing - Theory, News & General
Topic: Do you believe in the Shamita?
Replies: 20
Views: 729

Re: Do you believe in the Shamita?

What does an ancient (and normally ignored/worked around) Jewish law regarding debt forgiveness and a farming break have to do with financial markets?

http://www.chabad.org/library/article_c ... mittah.htm

If there is no direct answer, I will lock the thread.
by Alex Frakt
Sun Aug 16, 2015 2:15 am
Forum: Investing - Help with Personal Investments
Topic: Animal cruelty free mutual Funds
Replies: 37
Views: 2343

Re: Animal cruelty free mutual Funds

Since people are apparently unable to inject their own issues into what is a reasonably straightforward question, I am going to lock the thread. Namocet, if you have any followup questions, you may start a new thread. If anyone has something on topic and helpful that has not already been said, plea...
by Alex Frakt
Sat Aug 15, 2015 12:44 pm
Forum: Personal Consumer Issues
Topic: Traveling to Poland (Gift ideas)
Replies: 12
Views: 780

Re: Traveling to Poland (Gift ideas)

Sounds good. Have a great trip.
by Alex Frakt
Fri Aug 14, 2015 5:40 pm
Forum: Personal Consumer Issues
Topic: Traveling to Poland (Gift ideas)
Replies: 12
Views: 780

Re: Traveling to Poland (Gift ideas)

My wife just got in. I'll follow up with her observations. She suggests: - Barbecue sauce. - Nescafe (instant coffee), especially Hazelnut flavor if there is a lady in the house - Zippo lighters for smokers - big bag or container of exotic M&Ms (they can get regular and peanut) Take a trip to M...
by Alex Frakt
Fri Aug 14, 2015 5:13 pm
Forum: Personal Consumer Issues
Topic: Traveling to Poland (Gift ideas)
Replies: 12
Views: 780

Re: Traveling to Poland (Gift ideas)

My wife is Polish and I've been over many times. Flowers are almost a necessity. Flower shops/stands are everywhere, pick something up on the way to visit each new house. For larger gifts, alcohol is always appreciated. American bourbons are expensive there as is tequila which is considered exotic. ...
by Alex Frakt
Fri Aug 14, 2015 8:59 am
Forum: Personal Consumer Issues
Topic: Carry on luggage
Replies: 87
Views: 6301

Re: Carry on luggage

Fly Southwest and check it :-)
by Alex Frakt
Thu Aug 13, 2015 11:17 am
Forum: Personal Consumer Issues
Topic: Should I buy a car?, baby on the way.
Replies: 28
Views: 1911

Re: Should I buy a car?, baby on the way.

nanoanalyzer wrote:Let's see, 9 months old... times 30 days... been averaging around 5 miles per day with him... Yeah, I think we're over 1,000 miles in the carrier already, or will be soon.

Ahh. Wait until you have a 25 pound toddler :-)
by Alex Frakt
Wed Aug 12, 2015 10:51 am
Forum: Personal Consumer Issues
Topic: Should I buy a car?, baby on the way.
Replies: 28
Views: 1911

Re: Should I buy a car?, baby on the way.

Check here http://babywearinginternational.org/ for a local chapter, join up, and go try out a few carriers/wraps before you buy one. I ended up with a Lillebaby because of the fit (both me and baby), but also the adaptability. ERGO wouldn't be nearly tall enough for us to back carry. Mrs. nanoanly...
by Alex Frakt
Wed Aug 12, 2015 10:27 am
Forum: Investing - Help with Personal Investments
Topic: having a hard time figuring [investing] out
Replies: 4
Views: 505

Re: having a hard time figuring this out

I noticed when approving your (first) post that you are posting from Canada. While the basics of investing are the same wherever you are, the specifics - especially of retirement accounts - differ from country to country. Will you be investing in the US or Canada? If it's Canada, you may also wish t...
by Alex Frakt
Wed Aug 12, 2015 1:29 am
Forum: Forum Issues and Administration
Topic: Why not add a "like" button to Boglehead posts?
Replies: 95
Views: 10630

Re: Why not add a "like" button to Boglehead posts?

For the record, I'll compile my previous posts on this topic. Perhaps someone will someday devise a system that can't be gamed and provides useful information with no drawbacks, so I won't say we'll never have such a thing. But until then I'm not going to inflict a reputation/vote/thumbs system on o...
by Alex Frakt
Wed Aug 12, 2015 12:33 am
Forum: Forum Issues and Administration
Topic: Why not add a "like" button to Boglehead posts?
Replies: 95
Views: 10630

Re: Why not add a "like" button to Boglehead posts?

Is there any policy against +1 posts? It's usually too much trouble to enforce it, but +1 posts are non-actionable and may be deleted by the moderators. Nothing has changed since this 2009 thread The +1 mental disease is spreading (except that I usually try to be nicer when responding these days :-...
by Alex Frakt
Mon Aug 10, 2015 9:17 am
Forum: Investing - Theory, News & General
Topic: Good Strategy? [TR 2055 at beginning of career]
Replies: 11
Views: 734

Re: Good Strategy? [TR 2055 at beginning of career]

Well, you are set then. Make sure you contribute at least the 6%. Depending on your tax rate, you may wish to save in your Roth after that. See http://www.bogleheads.org/wiki/Traditional_versus_Roth for more on that question.
by Alex Frakt
Mon Aug 10, 2015 3:43 am
Forum: Personal Finance (Not Investing)
Topic: Buy a house that is registered under a sex offender[?]
Replies: 36
Views: 4051

Re: Buy a house that is registered under a sex offender[?]

Some Cal cities/counties have a process for allowing home owners to change the street number of their address. It's worth a look.
by Alex Frakt
Mon Aug 10, 2015 1:39 am
Forum: Personal Finance (Not Investing)
Topic: Buy a house that is registered under a sex offender[?]
Replies: 36
Views: 4051

Re: Buy a house that is registered under a sex offender[?]

I unlocked this at the OP's request. Everyone please be respectful to each other and it will stay open.
by Alex Frakt
Mon Aug 10, 2015 1:36 am
Forum: Personal Consumer Issues
Topic: Should I buy a car?, baby on the way.
Replies: 28
Views: 1911

Re: Should I buy a car?, baby on the way.

If you can live without a car as a couple, then you can certainly live without a car as a family. However, you will need a car seat so you can uber/taxi/bum a ride. Make sure you get one that is rated as generally easy to install and practice on different vehicles before you need to do it for real. ...
by Alex Frakt
Mon Aug 10, 2015 12:42 am
Forum: Personal Finance (Not Investing)
Topic: Buy a house that is registered under a sex offender[?]
Replies: 36
Views: 4051

Re: Buying a house that is registered under a sex offender

Locked. It looks like the OP has already made up his mind and the thread is getting into the "more heat than light" category.

tomtoms - PM me if you want this reopened.
by Alex Frakt
Mon Aug 10, 2015 12:04 am
Forum: Forum Issues and Administration
Topic: Deleting threads vs Locking them
Replies: 1
Views: 351

Re: Deleting threads vs Locking them

We obviously cannot have a blanket policy saying we won't remove threads. That would prevent us from removing stuff like spam, rants and threats. So it becomes a question of where we draw the line. Moderators (including admins serving as moderators) do have guidelines on this. The most important fac...
by Alex Frakt
Sun Aug 09, 2015 9:30 pm
Forum: Investing - Theory, News & General
Topic: Good Strategy? [TR 2055 at beginning of career]
Replies: 11
Views: 734

Re: Good Strategy? [TR 2055 at beginning of career]

Yes, it is an excellent strategy. But you first have to make sure your employer offers the Vanguard Target Retirement Funds in the 401(k). It's not like an IRA where you can open it wherever you want. While you are checking what is offered, also look at the expenses (some 401(k) plans add an extra l...
by Alex Frakt
Sat Aug 08, 2015 4:08 pm
Forum: Investing - Theory, News & General
Topic: What Did You Do In The 2008/2009 Stock Market Crash?
Replies: 51
Views: 3437

Re: What Did You Do In The 2008/2009 Stock Market Crash?

i normally do nothing during market corrections. But every once in a while (2001 and 2008 to be precise) the overreaction gets so great I do some Tactical Asset Allocation (i.e., market timing). In this case i moved around 10% of my holdings from TIAA Real Estate - an odd duck that I consider to be ...
by Alex Frakt
Sat Aug 08, 2015 11:00 am
Forum: Investing - Help with Personal Investments
Topic: Moving To [Canada] From USA
Replies: 23
Views: 2376

Re: Moving To [Canada] From USA

Please limit your comments to the OP's questions. Arguments over whose country is best have no place here.
by Alex Frakt
Sat Aug 08, 2015 2:09 am
Forum: Investing - Theory, News & General
Topic: History of Index Funds
Replies: 13
Views: 1233

Re: History of Index Funds

Obviously there was something in the air at the time. Even Benjamin Graham while not directly saying so wrote things suggestive of indexing Bogle never claimed he made it up on his own. See his 1997 article The First Index Mutual Fund: A History of Vanguard Index Trust and the Vanguard Index Strate...
by Alex Frakt
Sat Aug 08, 2015 1:41 am
Forum: Investing - Theory, News & General
Topic: History of Index Funds
Replies: 13
Views: 1233

Re: History of Index Funds

I'm by no means belittling J.B.'s contribution, which was to make index funds available to individual investors. The WF index fund was 4 years old when Vanguard was founded. Hard to believe he didn't know about it. Not that hard in the pre-internet world. It's easy to believe that word of a one-off...
by Alex Frakt
Sat Aug 08, 2015 1:06 am
Forum: Investing - Theory, News & General
Topic: History of Index Funds
Replies: 13
Views: 1233

Re: History of Index Funds

Note that the Samsonite luggage fund was actually a failed attempt at an index fund. The fund was initially set up with an equal weighting of every NYSE stock that met certain liquidity tests. Given the high transaction costs of the day, it was inevitable that the fund would consistently underperfor...
by Alex Frakt
Sat Aug 08, 2015 12:39 am
Forum: Investing - Help with Personal Investments
Topic: 28 y/o, Planning for early financial independence and semi-retirement.
Replies: 6
Views: 1005

Re: 28 y/o, Planning for early financial independence and semi-retirement.

Your plan is based on multiple assumptions about family, career and future preferences, none of which are guaranteed to work out the way you think they will. I suggest it will be more fruitful to address many of these questions as they arise. That said, here's a few quick thoughts: 1. The rule of th...
by Alex Frakt
Fri Aug 07, 2015 12:16 am
Forum: Personal Consumer Issues
Topic: Goose Grease Sandwiches
Replies: 15
Views: 1672

Re: Goose Grease Sandwiches

Locked. Definitely personal, but definitely not personal finance (nor actionable).
by Alex Frakt
Thu Aug 06, 2015 2:54 pm
Forum: Personal Finance (Not Investing)
Topic: Lexington Kentucky [recommend financial planner and CPA]
Replies: 2
Views: 254

Re: Lexington Kentucky [recommend financial planner and CPA]

Everyone - This is a legit post from a verifiable human :-) (not the sock puppet spam it looks like). OP - You may wish to supply some more information, such as why you believe you need a financial planner if you have been studying passive investing for several years. Also perhaps why your tax situa...
by Alex Frakt
Thu Aug 06, 2015 10:00 am
Forum: Personal Finance (Not Investing)
Topic: Do you use an accountant for your personal taxes?
Replies: 8
Views: 695

Re: Do you use an accountant for your personal taxes?

Locked. General comment thread: the original post does not include a personal and actionable issue. See viewtopic.php?f=3&t=112988 for more details on our prohibition against general comment threads.
by Alex Frakt
Thu Aug 06, 2015 9:27 am
Forum: Investing - Theory, News & General
Topic: Are index funds bad for the economy?
Replies: 25
Views: 1322

Re: Are index funds bad for the economy?

Locked. The topic as indicated by the thread title is on topic (and has been discussed numerous times), however, the particular article(s) linked by the OP have led this to a non-actionable argument over economic hypotheses. This is not investing theory, folks.
by Alex Frakt
Wed Aug 05, 2015 11:28 am
Forum: Forum Issues and Administration
Topic: Bringing back the poll
Replies: 12
Views: 591

Re: Bringing back the poll

Locked. Here's what I posted when I originally closed the polls. The general problem with self-selecting polls is that the results only tell you only about those who chose to respond to the poll. They cannot be relied on as reflecting the broader will of the participants of this forum, nor can they ...
by Alex Frakt
Wed Aug 05, 2015 11:21 am
Forum: Investing - Help with Personal Investments
Topic: $13 Million Goal for Early Retirement (am I crazy?)
Replies: 128
Views: 13335

Re: $13 Million Goal for Early Retirement (am I crazy?)

Does anyone know how in the world they derived the 105% return for my 401K? Obvious programming error. It's probably ignoring the employer match in the contributions but using your correct total. Of course, in a sense that is your rate of return, even if it's not your investments rate of return :-)
by Alex Frakt
Wed Aug 05, 2015 11:18 am
Forum: Investing - Help with Personal Investments
Topic: $13 Million Goal for Early Retirement (am I crazy?)
Replies: 128
Views: 13335

Re: $13 Million Goal for Early Retirement (am I crazy?)

The OP has been more than forthcoming. Please take his statements at face value and answer accordingly. Remember our policy: We expect this forum to be a place where people can feel comfortable asking questions and where debates and discussions are conducted in civil tones. [A]t all times we must c...
by Alex Frakt
Tue Aug 04, 2015 7:13 pm
Forum: Investing - Help with Personal Investments
Topic: $13 Million Goal for Early Retirement (am I crazy?)
Replies: 128
Views: 13335

Re: $13 Million Goal for Early Retirement (am I crazy?)

I hate to pick at this, but am I the only one not getting the math which gets this to around 750k with a fully paid off home? You started Roth saving at age 16 to now: 14 yrs. x 5k or so on average: around 60k saving Wife stared Roth saving at age 16 to now: around 60k saving Full time 401k saving ...

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