Search found 994 matches

Return to advanced search

Re: Dividends and Market Slides

Dividends, to me, are something of a distraction for people. Whether a company pays out a dividend, or it doesn't and you just sell a small portion of your holdings, it's the same thing. Well, there are different tax implications...
by Angst
Sat Feb 28, 2015 8:57 pm
 
Forum: Investing - Theory, News & General
Topic: Dividends and Market Slides
Replies: 46
Views: 1987

Re: How long will I l live? (mortality predictor)

There is something screwy about the data entry fields. It ends up saying I'm one year older than I am, and it converts "30 November" from the first two fields into "02 11". What's with that? "11" means November? But what's with the 02? If they somehow became February 11...
by Angst
Sat Feb 28, 2015 8:37 pm
 
Forum: Personal Finance (Not Investing)
Topic: How long will I l live? (mortality predictor)
Replies: 16
Views: 1705

Re: Past, present, and future of Berkshire - Annual letter

Whew... a long read but wonderfully written. I've always found Buffett's comments a delight to read. Charlie Munger... well, he's not quite the wordsmith that Buffett is, but he was revealing. I particularly found what Buffett had to say about Berkshire by way of contrast with the conglomerates of t...
by Angst
Sat Feb 28, 2015 6:45 pm
 
Forum: Investing - Theory, News & General
Topic: Past, present, and future of Berkshire - Annual letter
Replies: 29
Views: 2218

Re: International is disappointing

Ahem! I beg your pardon? It's one thing to clearly state specific rebalancing criteria, broad as they might be defined, but there's nothing clear about "(unless TISM starts to outperform)". :) That means that my international allocation may increase if TISM outperforms, naturally. Not tha...
by Angst
Sat Feb 28, 2015 3:06 pm
 
Forum: Investing - Help with Personal Investments
Topic: International is disappointing
Replies: 72
Views: 4369

Re: International is disappointing

I am staying (my own) course of 100% stocks, 85% domestic and growing, 15% international and diminishing (unless TISM starts to outperform) . This "course" clearly includes market timing. Bon voyage. Possibly market timing but not necessarily. The OP could be planning to buy and hold, whi...
by Angst
Sat Feb 28, 2015 2:25 pm
 
Forum: Investing - Help with Personal Investments
Topic: International is disappointing
Replies: 72
Views: 4369

Re: International is disappointing

airahcaz wrote:I am staying (my own) course of 100% stocks, 85% domestic and growing, 15% international and diminishing (unless TISM starts to outperform).

This "course" clearly includes market timing. Bon voyage.
by Angst
Sat Feb 28, 2015 1:16 pm
 
Forum: Investing - Help with Personal Investments
Topic: International is disappointing
Replies: 72
Views: 4369

Re: Retirement planning - Too soon for TIPS?

Re the 30 year TIPs, I think the main point is that none of us know how long we are going to live. I think it is prudent to plan to live to 95 or so. It's really an insurance approach idea. You want insurance against the risk of outliving your money, or having your money eaten away by massive infla...
by Angst
Sat Feb 28, 2015 10:17 am
 
Forum: Investing - Help with Personal Investments
Topic: Retirement planning - Too soon for TIPS?
Replies: 25
Views: 2183

Re: slice and dice question (fixed income)

Thinking about moving these into BND... Hi zadie. Around here, putting all of one's fixed income (FI) into BND (Vanguard Total Bond Mrkt) is a common default suggestion and I think it's a good one. I find it fairly easy to imagine you could be better off doing that, particularly given your comment:...
by Angst
Sat Feb 28, 2015 9:53 am
 
Forum: Investing - Help with Personal Investments
Topic: slice and dice question (fixed income)
Replies: 10
Views: 597

Re: TIPS Yield Crash November 2008 - Why?

Thank you haginile, this is interesting. Can you expand upon what you say in C) above? E.g., with respect to your comment "as we'd expect during a recession..." What do you mean here, with respect to TIPS, vs Nominals? And do you have an opinion re: Lehman Bros. contributing to this? What...
by Angst
Fri Feb 27, 2015 12:43 am
 
Forum: Investing - Theory, News & General
Topic: TIPS Yield Crash November 2008 - Why?
Replies: 16
Views: 1121

Re: TIPS Yield Crash November 2008 - Why?

C) In the next chart, I'm plotting a decomposition of 10-year TIPS yield, computed using a Fed model. The red line is the actual TIPS yield, with a very noticeable spike in '08. As we can see, the spike was almost completely driven by a sharp rise in liquidity premium (yellow), while actual real yi...
by Angst
Thu Feb 26, 2015 9:58 pm
 
Forum: Investing - Theory, News & General
Topic: TIPS Yield Crash November 2008 - Why?
Replies: 16
Views: 1121

Re: TIPS Yield Crash November 2008 - Why?

From Greg Mankiw's blog on 12/3/2008. According to U.S. Treasury data, the five-year real interest rate from the TIPS market on 11/28/08 was 4.17 percent. Yesterday, it was 2.03 percent. That is a huge change over only a few days. [Snip]... I posted about this at the time. Here's the link to the or...
by Angst
Thu Feb 26, 2015 6:38 pm
 
Forum: Investing - Theory, News & General
Topic: TIPS Yield Crash November 2008 - Why?
Replies: 16
Views: 1121

Re: TIPS Yield Crash November 2008 - Why?

There is no such thing as a "5 year treasury inflation-index security, constant maturity". As an index, it is an abstraction on the average price of bonds. On 10/27 there was a new auction of 5 year TIPS. I bet that old 4 and 6 year TIPs that were being used to approximate what a 5 Year T...
by Angst
Thu Feb 26, 2015 5:50 pm
 
Forum: Investing - Theory, News & General
Topic: TIPS Yield Crash November 2008 - Why?
Replies: 16
Views: 1121

Re: "The world's largest non-commercial financial forum".

Wonderful news, Taylor! I'm inspired by Jack Bogle and proud of "our" forum, although not too surprised by its success. I would however strike " The world's largest " from any masthead we chose to use simply because I don't think it qualifies us in any useful way. When we wer...
by Angst
Thu Feb 26, 2015 4:38 pm
 
Forum: Local Chapters and Bogleheads Community
Topic: "The world's largest non-commercial financial forum".
Replies: 29
Views: 2142

Re: TIPS Yield Crash November 2008 - Why?

I haven't read very much in-depth about the 2008 TIPS phenomenon and admittedly don't have a lot of expertise in fixed income anyhow, but in the graphic you present I'm struck not only by the 5-yr maturity rate plummet around 12/01, but by the entire (approximately) 40-day stretch during which rates...
by Angst
Thu Feb 26, 2015 3:54 pm
 
Forum: Investing - Theory, News & General
Topic: TIPS Yield Crash November 2008 - Why?
Replies: 16
Views: 1121

Re: Risk--Again. The common stepping stone

...In other words, these additional risks are in the eye of the beholder ... I think there's something to this, my preference would be that "risk" was defined as losing "value" instead of money, although money is typically used to measure value, different people can value things...
by Angst
Wed Feb 25, 2015 6:09 pm
 
Forum: Investing - Theory, News & General
Topic: Risk--Again. The common stepping stone
Replies: 57
Views: 3113

Re: Value investing doesn't even beat the S&P 500

I for one think it's a lot harder to stick to an allocation strategy when you have a bunch of different equity pieces: large cap, small cap, value, momentum low vol, quality factors, european developed, pacific developed, emerging, etc. etc. You just get too microscopic looking at all the pieces, r...
by Angst
Mon Feb 23, 2015 6:31 pm
 
Forum: Investing - Theory, News & General
Topic: Value investing doesn't even beat the S&P 500
Replies: 45
Views: 4297

Re: 2. PETITION FOR Jack Bogle's Presidential Medal of Freed

I'm really dismayed that more people haven't come forward to sign this petition to have Mr. Bogle receive the Presidential Medal of Freedom. To date, there have been 7,747 views on the original thread here; at the Bogleheads.org site, so right there, 9,674people have been reached, and only about 1 ...
by Angst
Thu Feb 19, 2015 9:47 pm
 
Forum: Local Chapters and Bogleheads Community
Topic: 2. PETITION FOR Jack Bogle's Presidential Medal of Freedom
Replies: 10
Views: 1053

Re: Does Inflation eliminate the Safety of Bonds?

Edit: And yeah, of course you can hold TIPS, but look at the yield. The 30-year is .82%. So you'd either need a really low withdrawal rate or have a very short time horizon for this to be practical. Well, the Fed's stated inflation target is 2%. So taking that as a starting point, consider the curr...
by Angst
Thu Feb 19, 2015 5:52 pm
 
Forum: Investing - Theory, News & General
Topic: Does Inflation eliminate the Safety of Bonds?
Replies: 42
Views: 3306

Re: How often do you purchase EE bonds?

I would like to purchase them each month, but my wife thinks that will make it difficult come tax time in 20 years. Is it easier if they are purchased in one lump sump each year, or do you just get a form (maybe 1099-r) with the amount you made total for the year? Thanks. Hmm... You know the saying...
by Angst
Thu Feb 19, 2015 3:47 pm
 
Forum: Investing - Help with Personal Investments
Topic: How often do you purchase EE bonds?
Replies: 8
Views: 780

Re: 30 year tips auction: TBA 2/12 0.75% yield?

However, I do hold just 15% FI so longer bonds don't scare me so much. If you have only 15% fixed income you might want to consider long nominal Treasuries. This is not something I look at but I think there are several advocates for this type of FI portfolio for those with high AA's. See Swenson ma...
by Angst
Thu Feb 19, 2015 1:29 pm
 
Forum: Investing - Theory, News & General
Topic: 30 year tips auction: TBA 2/12 0.75% yield?
Replies: 39
Views: 3289

Re: Automatic refresh

Thanks LG! I really appreciate your perseverance and all of your observations. :happy Btw, I guess I still don't have too much concern about loading the index.htm file through http:// , especially given that the posts/threads all will load automatically with https:// anyhow. I hope this notion is no...
by Angst
Thu Feb 19, 2015 12:20 pm
 
Forum: Forum Issues and Administration
Topic: Automatic refresh
Replies: 21
Views: 1191

Re: 30 year tips auction: TBA 2/12 0.75% yield?

If one is satisfied with the overall duration of their FI portfolio, does it matter whether it's all in TBM, or if they're gradually accumulating 30-year TIPS while balancing their FI with shorter-term securities? Three problems: 1) I'm biased again due to Swedroe. I don't like long bonds at all an...
by Angst
Thu Feb 19, 2015 12:02 pm
 
Forum: Investing - Theory, News & General
Topic: 30 year tips auction: TBA 2/12 0.75% yield?
Replies: 39
Views: 3289

Re: 30 year tips auction: TBA 2/12 0.75% yield?

I've made my peace with low real returns. And I've also realized that trying to predict where rates are headed is futile. I thought TIPS were cheap in 2008 and expensive in 2011 when I started building my LMP. I was right about 2008 but wrong about 2011--I'd still be waiting if I held out for 2.4% ...
by Angst
Thu Feb 19, 2015 11:29 am
 
Forum: Investing - Theory, News & General
Topic: 30 year tips auction: TBA 2/12 0.75% yield?
Replies: 39
Views: 3289

Re: Automatic refresh

I can't reproduce the issue, as I see the purple links when I visit a page then hit the "back" button. Start by logging in using https://, which is forced by the View Your Posts on the home page (we hard-code the link to be https://). Once your browser is set to use https:// everything el...
by Angst
Wed Feb 18, 2015 9:34 pm
 
Forum: Forum Issues and Administration
Topic: Automatic refresh
Replies: 21
Views: 1191

Re: 30 year tips auction: TBA 2/12 0.75% yield?

Rational thinking suggests that when interest rates are below historical norms they are more likely to go up than down and visa versa. No guarantee of course. But locking in a historically very low rate for 30 years when you have good alternatives to establish you LMP later just doesn't seem like a...
by Angst
Wed Feb 18, 2015 7:45 pm
 
Forum: Investing - Theory, News & General
Topic: 30 year tips auction: TBA 2/12 0.75% yield?
Replies: 39
Views: 3289

Re: Automatic refresh

Clicking on the home page top header " Bogleheads.org – Investing advice inspired by Jack Bogle" will refresh the page. Your browser should retain the URL history, meaning to show threads viewed in purple. It works fine in https://. Switching between http:// and https:// are 2 different U...
by Angst
Wed Feb 18, 2015 6:31 pm
 
Forum: Forum Issues and Administration
Topic: Automatic refresh
Replies: 21
Views: 1191

Re: Poll [Checking Local Chapters & Bogleheads Community for

I never knew they officially existed. There doesn't appear to be one for the Lou... but I don't really think I'd be looking for it. Maybe if Larry was looking to mix brews and Bogleheads... I don't get out a lot though.
:sharebeer
by Angst
Wed Feb 18, 2015 3:34 pm
 
Forum: Forum Issues and Administration
Topic: Poll [Checking Local Chapters & Bogleheads Community forum]
Replies: 14
Views: 842

Re: Automatic refresh

Something has changed and I don't know if it is a Firefox browser setting or a change in forum software. Recently I noticed that the bogleheads.org page is refreshed/reloaded every time I close a topic (click the back icon). It used to refresh only when requested. What caused this change? Your fix ...
by Angst
Wed Feb 18, 2015 2:31 pm
 
Forum: Forum Issues and Administration
Topic: Automatic refresh
Replies: 21
Views: 1191

Re: 30 year tips auction: TBA 2/12 0.75% yield?

Grok, why set up your ladder ahead of time? The day after you retire buy your 30 year TIPS ladder on the secondary market. Hopefully rates will be higher then and you will get a higher income going forward. In any case you should be able to earn more than 1% real in the meantime while you are still...
by Angst
Wed Feb 18, 2015 1:28 pm
 
Forum: Investing - Theory, News & General
Topic: 30 year tips auction: TBA 2/12 0.75% yield?
Replies: 39
Views: 3289

Re: A Special Message From Social Security--NOT!

nisiprius wrote:I would find it more convincing if you had enquired and received this assurance from ssa.gov, rather than govdelivery.com itself!

No kidding!
by Angst
Tue Feb 17, 2015 8:15 pm
 
Forum: Personal Consumer Issues
Topic: A Special Message From Social Security
Replies: 68
Views: 6172

Re: 30 year tips auction: TBA 2/12 0.75% yield?

Indicative Yield on Vanguard's site says 0.814% as of today. I will be almost 70 when this matures... At Vanguard it now shows 0.860%. Nice to see rates rising as the auction approaches. I agree, at some point one needs to start taking one's age into consideration. Personally I think i will scale b...
by Angst
Tue Feb 17, 2015 4:34 pm
 
Forum: Investing - Theory, News & General
Topic: 30 year tips auction: TBA 2/12 0.75% yield?
Replies: 39
Views: 3289

Re: Vanguard LifeStrategy Growth (and other types) no Int'l

You have just identified one of the many limitations of portfolio watch. Lev +1 Vanguard is wonderful when it comes to providing low cost, well-managed index funds and ETFs. When it comes to useful reports and options for the viewing of one's data and account information, Vanguard is sadly lacking....
by Angst
Fri Feb 13, 2015 7:35 am
 
Forum: Investing - Help with Personal Investments
Topic: Vanguard LifeStrategy Growth (and other types) no Int'l bond
Replies: 9
Views: 1193

Re: How many have a membership in AARP?

At the risk of this being edited as a political comment I have to violently disagree with this. They are very partisan and are most interested in promoting AARP, not seniors. I don't think I really disagree with you at all, at least to the extent that AARP seems to be promoting themselves more than...
by Angst
Thu Feb 12, 2015 9:47 pm
 
Forum: Personal Consumer Issues
Topic: [Is it worth getting an] AARP [membership]?
Replies: 58
Views: 3977

Re: How many have a membership in AARP?

I scrapped my AARP membership when AMAC came on the scene back around 2008. Better organization IMO, and it's growing by leaps and bounds. I have no desire to bother with AARP, but at least they seem to be a fairly non-partisan organization; their priorities generally appear to be focused on senior...
by Angst
Thu Feb 12, 2015 9:22 pm
 
Forum: Personal Consumer Issues
Topic: [Is it worth getting an] AARP [membership]?
Replies: 58
Views: 3977

Re: Check with wrong name - how to deposit

I would endorse as others have suggested and then deposit it at an ATM. I've never had an ATM refuse a deposit. This, sorta... I don't even sign checks that I routinely deposit in the ATM. I just write "Deposit only in Acct. #123... at XYZ Bank" and that's it. I've never had any problem e...
by Angst
Thu Feb 12, 2015 9:12 pm
 
Forum: Personal Consumer Issues
Topic: Check with wrong name - how to deposit
Replies: 21
Views: 1687

Re: The Future of Global Interest Rates — Trending Lower?

In an aging world, where the supply of savings is steadily growing due to more older folks, and the demand for capital is steadily falling due to fewer younger folks, it's hard for me to see how interest rates are going to return to historical levels anytime soon. Your thoughts? I don't see it this...
by Angst
Wed Feb 11, 2015 11:56 pm
 
Forum: Investing - Theory, News & General
Topic: The Future of Global Interest Rates — Trending Lower?
Replies: 19
Views: 1657

Re: Your Future According to Yale Star Robert J. Shiller

The propensity of successive generations to blindly and mistakenly make the same false observations about the past does not preclude the possibility and reasonableness that for some future generation the same observations might finally be true! But will we know it then or will the prior, aging gener...
by Angst
Wed Feb 11, 2015 6:28 pm
 
Forum: Investing - Theory, News & General
Topic: Your Future According to Yale Star Robert J. Shiller
Replies: 86
Views: 10154

Re: I've maxed out my Roth IRA and my 401K, now what?

Consider Series EE and I Savings Bonds. Both are tax deferred, allowing more equity in your Roth & 401k.
by Angst
Tue Feb 10, 2015 5:24 pm
 
Forum: Investing - Help with Personal Investments
Topic: I've maxed out my Roth IRA and my 401K, now what?
Replies: 14
Views: 1919

Re: Niagara Falls!

"Slowly I turned, inch by inch, step by step..."
by Angst
Tue Feb 10, 2015 2:54 pm
 
Forum: Personal Consumer Issues
Topic: Niagara Falls!
Replies: 29
Views: 974

Re: John Bogle on International Investing

Thank you Browser for your reply above to my post (far above actually). I appreciate your examples and it all makes me think and gives me pause, which is healthy. The 30-yr time-frame still bothers me though. I'm concerned about the possibility that today, or any given point in time, is potentially ...
by Angst
Tue Feb 10, 2015 9:23 am
 
Forum: Investing - Theory, News & General
Topic: John Bogle on International Investing
Replies: 184
Views: 14717

Re: John Bogle on International Investing

The fate of the Japanese investor following the crash of the Nikkei in 1989 and the protracted bear market is often raised as the exemplar of the undeniable benefits of international diversification. But how much would international diversification have really helped a Japanese investor with a 60% ...
by Angst
Mon Feb 09, 2015 8:34 am
 
Forum: Investing - Theory, News & General
Topic: John Bogle on International Investing
Replies: 184
Views: 14717

Re: John Bogle on International Investing

Perhaps my understanding of Mr. Bogle's point of view on this subject is simplistic, but I don't think he has ever said that investors shouldn't have international exposure. He just believes that an S&P 500 index fund gives you plenty of international exposure due to the global reach of the com...
by Angst
Mon Feb 09, 2015 7:12 am
 
Forum: Investing - Theory, News & General
Topic: John Bogle on International Investing
Replies: 184
Views: 14717

Re: John Bogle on International Investing

The fate of the Japanese investor following the crash of the Nikkei in 1989 and the protracted bear market is often raised as the exemplar of the undeniable benefits of international diversification. But how much would international diversification have really helped a Japanese investor with a 60% ...
by Angst
Mon Feb 09, 2015 6:59 am
 
Forum: Investing - Theory, News & General
Topic: John Bogle on International Investing
Replies: 184
Views: 14717

Re: Vanguard cd question [Brokered CDs]

[snip] ... Is this a good idea? One year CDs pay about the same as the Treasury Fund that I use now, but they have the advantage of not loosing principal if held to maturity. Is there a better way to accomplish this? Any help will be appreciated! elgob Another way to skin this cat, or even kill 2 b...
by Angst
Mon Feb 09, 2015 5:00 am
 
Forum: Investing - Theory, News & General
Topic: Vanguard cd question [Brokered CDs]
Replies: 51
Views: 7022

Re: 30 year tips auction: TBA 2/12 0.75% yield?

Hi grok, I'm on board with you for 1/3 of my annual purchase as well. I found your idea of a 0.52% floor interesting. I don't have a rule to fall back on, yet, although I have a hunch that I'll probably just follow rates down wherever they go and keep buying. I don't mind skipping one of the 3 aucti...
by Angst
Fri Feb 06, 2015 4:38 pm
 
Forum: Investing - Theory, News & General
Topic: 30 year tips auction: TBA 2/12 0.75% yield?
Replies: 39
Views: 3289

Re: Diversifying Between Different Fund Companies

I agree with most everything that Nisi says above , although I still gain some kind of intangible comfort from holding on to an old, relatively small IRA over at Fidelity. It's all in their Spartan Total Mrkt Fund - If they didn't have low-cost options comparable to Vanguard, I'd be long gone. As it...
by Angst
Thu Feb 05, 2015 8:43 pm
 
Forum: Investing - Help with Personal Investments
Topic: Diversifying Between Different Fund Companies
Replies: 5
Views: 541

Re: Approaching 50...What to expect?

It actually is quite weird. Mentally I don't feel that different from when I was twenty. Smarter, hopefully. Yet the body has started falling apart. It's like being in a boat with a slow leak :D - Speaking of leaks, you'll find yourself gradually spending longer stretches of time standing at the to...
by Angst
Thu Feb 05, 2015 6:18 pm
 
Forum: Personal Consumer Issues
Topic: Approaching 50...What to expect?
Replies: 108
Views: 9889

Re: How Much & Best Way to Earn $13k Year

fizxman wrote:It's not an investment per se but you can earn up to $13,000/year selling your poop.

http://www.washingtonpost.com/news/spea ... your-poop/

No sh#t! Fascinating story.
by Angst
Thu Feb 05, 2015 1:53 pm
 
Forum: Investing - Theory, News & General
Topic: How Much & Best Way to Earn $13k Year
Replies: 30
Views: 3535

Re: Bogle: The stock market seems to be ignoring the big ris

It's a wonderful life, Jack Bogle. I found the interview's final question somewhat poignant: Would you allow a personal question at the end of this conversation? Despite that you’ve suffered several heart attacks and even had a heart transplantation, nothing seems to be stopping you from your work. ...
by Angst
Thu Feb 05, 2015 1:00 pm
 
Forum: Investing - Theory, News & General
Topic: Bogle: The stock market seems to be ignoring the big risks
Replies: 13
Views: 2220

Re: Vanguard survey: what should they do differently?

Vanguard asked me to take a survey today. One of the open ended questions was What is the one thing you wish Vanguard would do differently? .... So, what is the one thing you wish Vanguard would do differently? Lucky you! I don't have time to read the entire thread yet, but here are my 2¢ for any l...
by Angst
Thu Feb 05, 2015 12:16 pm
 
Forum: Investing - Theory, News & General
Topic: Vanguard survey: what should they do differently?
Replies: 72
Views: 4240
Next

Return to advanced search