Search found 2243 matches

Return to advanced search

Re: Rebalancing Spreadsheet

Just use any rebalancing spreadsheet and whenever it tells you to buy stocks, do so only up to the amount of your new contribution.

The spreadsheet just tells you what is out of balance. It doesn't execute the trade order. You are free to act on the information any way you want.
by Aptenodytes
Tue Sep 30, 2014 12:58 am
 
Forum: Investing - Help with Personal Investments
Topic: Rebalancing Spreadsheet
Replies: 4
Views: 449

Re: Trying to understand Uber and similar "ride sharing" ser

1) The people who don't understand the benefits of Uber etc sound like they don't take very many taxis. The consumer surplus stemming from the entry of Uber is enormous. It is analogous to the invention of ebay or Craigslist. Something that used to be impossible in many circumstances is not quite ea...
by Aptenodytes
Fri Sep 26, 2014 6:54 am
 
Forum: Personal Consumer Issues
Topic: Trying to understand Uber and similar "ride sharing" service
Replies: 51
Views: 3108

Re: My IPS and rebalancing

I have read the rebalancing thread alluded to above. I have no problem rebalancing into a down market. I am just skeptical of rebalancing very early into a down market. I also don't want to try and time when the bottom will be. But since the Great Depression, historically most recessesions have las...
by Aptenodytes
Thu Sep 25, 2014 6:13 am
 
Forum: Investing - Help with Personal Investments
Topic: My IPS and rebalancing
Replies: 12
Views: 1056

Re: Are you using a Martingale strategy and don't know it?

Isn't rebalancing in a crashing market martingale-ish? You keep doubling down, and it will work every time until your country or economic system finishes its run and things actually go to zero? At least for domestic investing, with TISM that may be even less likely. The big difference, I suppose, i...
by Aptenodytes
Tue Sep 23, 2014 1:46 pm
 
Forum: Investing - Theory, News & General
Topic: Are you using a Martingale strategy and don't know it?
Replies: 28
Views: 2156

Re: Are you using a Martingale strategy and don't know it?

Isn't rebalancing in a crashing market martingale-ish? You keep doubling down, and it will work every time until your country or economic system finishes its run and things actually go to zero? At least for domestic investing, with TISM that may be even less likely. The big difference, I suppose, i...
by Aptenodytes
Tue Sep 23, 2014 1:45 pm
 
Forum: Investing - Theory, News & General
Topic: Are you using a Martingale strategy and don't know it?
Replies: 28
Views: 2156

Re: Do you consider Dan Wiener to be a Boglehead?

Interesting that he chooses the sports metaphor "hot hands" to label his approach, given that the hot hands notion has been disproved in sports. Nate Silver discusses this in his book and old columns.

Can an alchemist be a Boglehead? I don't think so.
by Aptenodytes
Tue Sep 23, 2014 9:56 am
 
Forum: Investing - Theory, News & General
Topic: Do you consider Dan Wiener to be a Boglehead?
Replies: 32
Views: 2072

Re: Consulting fees: non working travel time

I bill 50% for travel.
by Aptenodytes
Mon Sep 22, 2014 11:08 pm
 
Forum: Personal Finance (Not Investing)
Topic: Consulting fees: non working travel time
Replies: 30
Views: 1622

Re: Get $200 for your iPhone 4 (or 4S or 5, $300 for 5S)

I guess for people who are still using the IPhone 3 the only reward is the accumulated past savings.
by Aptenodytes
Mon Sep 22, 2014 6:42 am
 
Forum: Personal Consumer Issues
Topic: Get $200 for your iPhone 4 (or 4S or 5, $300 for 5S)
Replies: 18
Views: 1654

Re: Vanguard monthly statement availability(Website)

I can't recall ever looking at a monthly or quarterly statement for my 403-b, which is where 80% of my money is. I can't imagine what I'd do with one. I do look at the annual statements for IRAs, which are needed for taxes, but monthly or quarterly I pay no attention to them.
by Aptenodytes
Sun Sep 21, 2014 1:17 pm
 
Forum: Investing - Theory, News & General
Topic: Vanguard monthly statement availability(Website)
Replies: 9
Views: 919

Re: Rental Property - Still a Good Investment?

You are banking the increase in equity far before the time you will sell the property and counting it as part of your return. But you don't know what you will get when you sell the property, so you don't really know what that increase in equity is worth, in terms of return. All you know is how much ...
by Aptenodytes
Sun Sep 21, 2014 1:11 pm
 
Forum: Personal Finance (Not Investing)
Topic: Rental Property - Still a Good Investment?
Replies: 31
Views: 3476

Re: Basketball systems: In Ground or Portable?

The upper end portable units are as good as permanent in my view, if you follow instructions and weight them heavily. We choose portable because we wanted occasional vehicle access through the post area. With sand? Heard using water gets a bit stinky and hard to clean out annually. I'm also struggl...
by Aptenodytes
Sun Sep 21, 2014 12:01 pm
 
Forum: Personal Consumer Issues
Topic: Basketball systems: In Ground or Portable?
Replies: 16
Views: 886

Re: Basketball systems: In Ground or Portable?

The upper end portable units are as good as permanent in my view, if you follow instructions and weight them heavily. We choose portable because we wanted occasional vehicle access through the post area.
by Aptenodytes
Sun Sep 21, 2014 11:29 am
 
Forum: Personal Consumer Issues
Topic: Basketball systems: In Ground or Portable?
Replies: 16
Views: 886

Re: Higher Dividend Three Fund Portfolio Idea

A cleaner approach to higher risk-adjusted performance is to tilt to value or small-value. Tilting to high-dividend stocks is an inferior kluge.

It means you need 5 funds instead of 3, but you can still count them on one hand.
by Aptenodytes
Sat Sep 20, 2014 8:03 am
 
Forum: Investing - Help with Personal Investments
Topic: Higher Dividend Three Fund Portfolio Idea
Replies: 15
Views: 1638

Re: Why is there no mutual fund that truly behaves like rent

I looked it up and all I'm finding is a variable annuity from Tiaa Cref... Is there an actual mutual fund? That's it. Symbol/Abbreviation = TREA TIAA calls its mutual funds variable annuities; the difference probably matters to lawyers and regulators, but not to you and me. This distinction is prob...
by Aptenodytes
Sat Sep 20, 2014 7:54 am
 
Forum: Investing - Theory, News & General
Topic: Why is there no mutual fund that truly behaves like rental?
Replies: 36
Views: 2467

Re: Help with retirement advise for my parents

For the c. $500k that is not invested in real estate, I would think about using it to max out Roth IRAs each year. What they consider "retirement" doesn't really matter -- they are going to be generating real estate income throughout the rest of the lives, so they'll be eligible to contri...
by Aptenodytes
Fri Sep 19, 2014 10:11 am
 
Forum: Investing - Help with Personal Investments
Topic: Help with retirement advise for my parents
Replies: 8
Views: 697

Re: Help with retirement advise for my parents

For the c. $500k that is not invested in real estate, I would think about using it to max out Roth IRAs each year. What they consider "retirement" doesn't really matter -- they are going to be generating real estate income throughout the rest of the lives, so they'll be eligible to contrib...
by Aptenodytes
Fri Sep 19, 2014 6:24 am
 
Forum: Investing - Help with Personal Investments
Topic: Help with retirement advise for my parents
Replies: 8
Views: 697

Re: Need urgent help for 85 y.o. parents just moved to Vangu

The most important thing in all this, to me, is expenses. I can't think of any way to sort this out other than running several scenarios on spreadsheet or pencil-and-paper. You've outlined how the income will change and how it could change if your father dies first. You haven't really outlined spend...
by Aptenodytes
Fri Sep 19, 2014 6:09 am
 
Forum: Investing - Help with Personal Investments
Topic: Need urgent help for 85 y.o. parents just moved to Vanguard
Replies: 65
Views: 3841

Re: Proposed: 35% Maximum Bond Allocation, For Life

I'm curious. Do you people who abbreviate million as MM abbreviate thousand as M?
by Aptenodytes
Thu Sep 18, 2014 8:11 pm
 
Forum: Investing - Theory, News & General
Topic: Proposed: 35% Maximum Bond Allocation, For Life
Replies: 37
Views: 3765

Re: Immediate payable annuity is a bad investment?

That quote is one of the dumbest things I've read in a long time.
by Aptenodytes
Thu Sep 18, 2014 3:47 pm
 
Forum: Investing - Theory, News & General
Topic: Immediate payable annuity is a bad investment?
Replies: 45
Views: 2636

Re: Invest in Betterment or Bank for 4 years.

A lower-minimum fund directly at Vanguard makes more sense. Maybe ID your dream fund and people can offer next-best alternatives. How much do you have to deposit right now? Will you be adding regularly?
by Aptenodytes
Thu Sep 18, 2014 3:33 pm
 
Forum: Investing - Help with Personal Investments
Topic: Invest in Betterment or Bank for 4 years.
Replies: 9
Views: 619

Re: Question about popularity of HSAs

Re Fidelity, it seems odd to speculate when the information can be looked up easily. Here's what White Coat Investor reports. It is consistent with what people have said so far but more complete and precise: Fidelity is also in the HSA game, offering their usual assortment of brokerage options and m...
by Aptenodytes
Thu Sep 18, 2014 1:14 pm
 
Forum: Investing - Help with Personal Investments
Topic: Question about popularity of HSAs
Replies: 23
Views: 1388

Re: Revising AA, significant difference

30% bonds is not drastic. I agree with the others not to worry about the sub-categories. If you have access to a total stock market fund as opposed to the S&P 500 I would recommend moving there, but if not it is no big deal. Rather than worry about sub-categories, I would suggest rethinking your...
by Aptenodytes
Thu Sep 18, 2014 1:05 pm
 
Forum: Investing - Help with Personal Investments
Topic: Revising AA, significant difference
Replies: 11
Views: 890

Re: Home/Auto insurance: Amica or Travelers?

Amica does not compete seriously in the auto market where I live, ceding the territory to Geico. However, they are competitive in homeowners insurance and I've been with them for something like 6 years. I've had to file a few claims and the experience was super easy -- prompt, courteous and fair. I ...
by Aptenodytes
Thu Sep 18, 2014 12:45 pm
 
Forum: Personal Consumer Issues
Topic: Home/Auto insurance: Amica or Travelers?
Replies: 26
Views: 1472

Re: Should I buy another fridge or freezer? Or neither?

Freezers aren't that expensive to buy and are fairly cheap to run. I've lived with an extra fridge before and have a stand-alone freezer now. I find the extra freezer to be far more useful. An unexpected benefit has proven to be storing large volumes of ice in the lead-up to major storms. Such ice c...
by Aptenodytes
Thu Sep 18, 2014 12:30 pm
 
Forum: Personal Consumer Issues
Topic: Should I buy another fridge or freezer? Or neither?
Replies: 16
Views: 1032

Re: Proposed: 35% Maximum Bond Allocation, For Life

I'm not getting the premise. I can see setting bond percentage to 35% for all time. But that doesn't seem consistent with having the bond total be sufficient to meet all withdrawal needs under any scenarios. If stocks fall by half, then you will need to sell a lot of bonds to keep your 35% bond perc...
by Aptenodytes
Thu Sep 18, 2014 8:07 am
 
Forum: Investing - Theory, News & General
Topic: Proposed: 35% Maximum Bond Allocation, For Life
Replies: 37
Views: 3765

Re: Proposed: 35% Maximum Bond Allocation, For Life

Would "minimal downside risk" be considered to also mean 1/3 of your assets? I know you said that question was rhetorical, but I'd like to amend that phrase to say "minimal long-term downside risk." The past 30 years (never mind 15 years) should be irrelevant in looking at histo...
by Aptenodytes
Thu Sep 18, 2014 7:27 am
 
Forum: Investing - Theory, News & General
Topic: Proposed: 35% Maximum Bond Allocation, For Life
Replies: 37
Views: 3765

Re: Question about popularity of HSAs

Aptenodytes, who is your HSA through? Those are good points. My deductible is 5k so I feel like an HSA would be good for me. I'd like one that lets me invest in Vanguard funds like the one you mentioned. And this may be an ignorant question but if my spouse doesn't work and I'm head of household, c...
by Aptenodytes
Wed Sep 17, 2014 5:13 pm
 
Forum: Investing - Help with Personal Investments
Topic: Question about popularity of HSAs
Replies: 23
Views: 1388

Re: Question about popularity of HSAs

HSAs are limited by a list of eligible/ineligible expenses. 401K/IRA withdrawals are mostly limited by your age. I think most here would prefer to fill the 401K & IRA first because of the flexibility down the road. Also, IRAs and 401Ks, on average, have better investment choices than do HSAs. T...
by Aptenodytes
Wed Sep 17, 2014 4:33 pm
 
Forum: Investing - Help with Personal Investments
Topic: Question about popularity of HSAs
Replies: 23
Views: 1388

Re: Do you plan trips on your own or use a [travel agent]?

Good travel agents used to be indispensable. Now they are practically non-existent. Sadly, the on-line tools have not yet caught up to what the good agents used to be able to do.
by Aptenodytes
Wed Sep 17, 2014 4:19 pm
 
Forum: Personal Consumer Issues
Topic: Do you plan trips on your own or use a [travel agent]?
Replies: 36
Views: 1537

Re: Most cost effective means of protecting physical assets

Add "Getting to know your neighbors very well to the list." The things you list are generic; they protect across broad classes of threats. But you may be at more risk from a specific threat, and having good options to deal with them may end up making a lot more difference than the generic ...
by Aptenodytes
Wed Sep 17, 2014 11:43 am
 
Forum: Personal Consumer Issues
Topic: Most cost effective means of protecting physical assets
Replies: 50
Views: 3988

Re: What evidence would prove the Boglehead mentality wrong?

We don't have to scan the entire universe of beliefs and truisms that have some affinity with Bogleheads. I think the OP is asking a genuine question about the hard core. So my response would be that these two things would prove the approach wrong: 1) Alternatives to indexing can be identified which...
by Aptenodytes
Wed Sep 17, 2014 11:18 am
 
Forum: Investing - Theory, News & General
Topic: What evidence would prove the Boglehead mentality wrong?
Replies: 109
Views: 7626

Re: Betterment Explanation on Investment Returns

If you have this kind of interest and understanding of your investments, why not invest yourself with Vanguard instead of paying Betterment a portion of your investments? I agree. I have been puzzled by the recent discussion of Betterment experience on this forum. I guess it is case of distribution...
by Aptenodytes
Wed Sep 17, 2014 10:42 am
 
Forum: Investing - Theory, News & General
Topic: Betterment Explanation on Investment Returns
Replies: 11
Views: 712

Re: Randomly-weighted stock portfolios beat the index

The other interesting note in this paper to show that the value weighted portfolio is nowhere close to "optimal". On that point I'd beg to differ. Premiums for small-cap stocks have been known for quite a long time. The notion that one can improve one's Sharpe ratio by deviating from a si...
by Aptenodytes
Mon Sep 15, 2014 1:47 pm
 
Forum: Investing - Theory, News & General
Topic: Randomly-weighted stock portfolios beat the index
Replies: 28
Views: 2009

Re: Randomly-weighted stock portfolios beat the index

It is scary to me how dogmatic this forum is. All of the initial responses immediately shoot down this essay on the basis of arguments that are explicitly addressed and refuted within the essay. Does anyone here who has actually read the essay, have a rigorous rebuttal? Would love to hear grabiner'...
by Aptenodytes
Mon Sep 15, 2014 1:24 pm
 
Forum: Investing - Theory, News & General
Topic: Randomly-weighted stock portfolios beat the index
Replies: 28
Views: 2009

Re: Randomly-weighted stock portfolios beat the index

If I were reviewing this for a journal I would insist on a running two additional tests: 1) Test the market-cap weight portfolio against a set of random- weight portfolios that are centered around market-cap weights , and 2) Test the random-weight portfolios in the current draft against a pure equa...
by Aptenodytes
Mon Sep 15, 2014 11:54 am
 
Forum: Investing - Theory, News & General
Topic: Randomly-weighted stock portfolios beat the index
Replies: 28
Views: 2009

Re: Jack Bogle on "Advisers"

Bogleheads: It is instructive to read what Mr. Bogle wrote about advisers in Common Sense on Mutual Funds. This is a portion: Consider Carefully the Added Costs of Advice: Tens of millions of investors need personal guidance in allocating their assets and selecting funds. Other tens of millions do ...
by Aptenodytes
Mon Sep 15, 2014 9:34 am
 
Forum: Investing - Theory, News & General
Topic: How much value can an advisor add for the average investor?
Replies: 71
Views: 4721

Re: Randomly-weighted stock portfolios beat the index

Tantalizing abstract. Read it through very quickly. My first thought is that this is simply a rehash of the finding that equal weights beats market-cap weights, because equal weights is a form of small-cap tilt. He has a slight twist by, instead of assigning literally equal weights, he assigns weigh...
by Aptenodytes
Mon Sep 15, 2014 9:29 am
 
Forum: Investing - Theory, News & General
Topic: Randomly-weighted stock portfolios beat the index
Replies: 28
Views: 2009

Re: Help Me Pick an HSA Investment

@Auream, that's a good point about moving money over more frequently than my example. I treat my paycheck-linked HSA as an emergency fund of sorts, so like having around $10K there, but if all it does in the stinko account is sit there waiting to be moved, moving more often makes sense.
by Aptenodytes
Sun Sep 14, 2014 9:03 pm
 
Forum: Investing - Help with Personal Investments
Topic: Help Me Pick an HSA Investment
Replies: 6
Views: 716

Re: Time + Savings Rate > Asset Allocation

Thank you for starting this thread. This topic has a been a BIG pet peeve of mine. There are way TOO many "Should I do 2% in emerging small cap" vs. "How do I save more money" or "How do I get a higher paying job". Er, this is an investing forum. I don't mind the posts...
by Aptenodytes
Sun Sep 14, 2014 5:37 pm
 
Forum: Investing - Theory, News & General
Topic: Time + Savings Rate > Asset Allocation
Replies: 17
Views: 1668

Re: Help Me Pick an HSA Investment

This HSA with UMB was offered through my work. They make the payroll deductions and that money gets deposited into the account. I'm already maxing my Roth IRA and 401k (well almost - 16k of 17.5k possible) and was hoping to use the HSA as extra savings space. My understanding of Auream's comment is...
by Aptenodytes
Sun Sep 14, 2014 5:35 pm
 
Forum: Investing - Help with Personal Investments
Topic: Help Me Pick an HSA Investment
Replies: 6
Views: 716

Re: How much value can an advisor add for the average invest

Catch 22. To know your advisor is adding value, you have to be able to judge the merits of their advice. And if you can do that you don't need the advisor. This sad truth nurtures a large parasitic industry.
by Aptenodytes
Sun Sep 14, 2014 1:12 pm
 
Forum: Investing - Theory, News & General
Topic: How much value can an advisor add for the average investor?
Replies: 71
Views: 4721

Re: Car Advice: When to Replace?

... What I've been pleasantly surprised to discover is that the advances in short-term vehicle rental have made it quite easy to rent a cargo van or pick-up truck when such needs emerge. I can get a large cargo van for 90 minutes, at $24, taxes and fees included, with very fast transactions. I'm un...
by Aptenodytes
Sun Sep 14, 2014 1:10 pm
 
Forum: Personal Consumer Issues
Topic: Car Advice: When to Replace?
Replies: 37
Views: 2786

Re: Car Advice: When to Replace?

Minor observation. We recently went from being a minivan family to a 2-sedan family. We also run into the how-do-you-lug-large-things quandary. What I've been pleasantly surprised to discover is that the advances in short-term vehicle rental have made it quite easy to rent a cargo van or pick-up tru...
by Aptenodytes
Sun Sep 14, 2014 10:36 am
 
Forum: Personal Consumer Issues
Topic: Car Advice: When to Replace?
Replies: 37
Views: 2786

Re: Time + Savings Rate > Asset Allocation

The effects are multiplicative, so the risk of getting any one of them seriously wrong is devastating. It would be a mistake to be overly rigid with your generalization. A young person saving a lot could make horrible mistakes on the AA side -- for such a person the marginal impact of AA is gigantic...
by Aptenodytes
Sun Sep 14, 2014 10:30 am
 
Forum: Investing - Theory, News & General
Topic: Time + Savings Rate > Asset Allocation
Replies: 17
Views: 1668

Re: Help Me Pick an HSA Investment

Start looking up basic information on the funds at Morningstar. I looked up the global fund out of curiosity and it seemed horrible. You want to look at the expense ratio and the investment approach -- does it passively track a benchmark or actively seek out winners. You also want to look at the &qu...
by Aptenodytes
Sun Sep 14, 2014 8:31 am
 
Forum: Investing - Help with Personal Investments
Topic: Help Me Pick an HSA Investment
Replies: 6
Views: 716

Re: Feeling smug until 10 year ROR from Vanguard

Is "ROR" a legit acronym? Oy. Isn't "return" easier to say, read, hear, understand? I have no problem with "CAGR." That refers to a precise formulation of return that helps distinguish from alternatives. But "rate of return" and "return" are equally ...
by Aptenodytes
Sat Sep 13, 2014 3:36 pm
 
Forum: Investing - Theory, News & General
Topic: Feeling smug until 10 year ROR from Vanguard
Replies: 81
Views: 7649

Re: The Annuity Puzzlement

Also, I have never understood - and will never understand - why people are willing to take market risk for decades to build up a portfolio. Then, give a big chunk of it away at the end in form of a risk premium payment to an insurance company. I don't understand what changes so drastically in someo...
by Aptenodytes
Sat Sep 13, 2014 3:28 pm
 
Forum: Investing - Theory, News & General
Topic: The Annuity Puzzlement
Replies: 95
Views: 6353

Re: Inherited tIRA-benefits to liquidating?

You are correct that because the inherited IRA has none of the immediate tax-deduction benefits one gets from a personal IRA, the calculus is different. I believe, based on admittedly slender evidence, that most people here keep their inherited IRAs and respond to the marginal incentives by concentr...
by Aptenodytes
Sat Sep 13, 2014 12:50 pm
 
Forum: Investing - Help with Personal Investments
Topic: Inherited tIRA-benefits to liquidating?
Replies: 14
Views: 889

Re: The Annuity Puzzlement

I think you've made a basic case for an SPIA. But there are numerous other considerations. Here are two that I think most people are likely to be concerned about. 1) If you have any bequest motive, then you may be reluctant to give up 40% of your wealth to an SPIA. Your calculation only talks about...
by Aptenodytes
Sat Sep 13, 2014 9:52 am
 
Forum: Investing - Theory, News & General
Topic: The Annuity Puzzlement
Replies: 95
Views: 6353

Re: Newbie: Is my 10 year plan going to work?

Delay SS til age 70, and your long-term success rate will go up quite a bit. To understand it, run some scenarios under different assumptions. If you are borderline with a desired success rate you are a good candidate for purchasing a SPIA. That can nudge you over the edge. Try running some scenario...
by Aptenodytes
Sat Sep 13, 2014 9:38 am
 
Forum: Investing - Help with Personal Investments
Topic: Newbie: Is my 10 year plan going to work?
Replies: 35
Views: 3309
Next

Return to advanced search