Search found 283 matches

Return to advanced search

Re: Bogle says: "Active mutual funds could disappear:

The obvious problem: - As soon as half the market's invested in passive indexes, who's going to keep the markets efficient? The whole concept of efficient markets (which passive investing is reliant on) necessitates most trades being based on active management decisions ... I'd speculate that the (...
by MindBogler
Sat Apr 04, 2015 3:59 pm
 
Forum: Investing - Theory, News & General
Topic: Bogle says: "Active mutual funds could disappear:
Replies: 28
Views: 3404

Re: Need a new sub-forum for guns?

Most of us, with some exceptions, use computers to manage our investments, if not to play with spreadsheets then at least to connect to web sites at Vanguard and elsewhere. Using a computer is nearly a requirement for investing these days, so talking about them on an investment forum naturally foll...
by MindBogler
Wed Apr 01, 2015 5:40 pm
 
Forum: Forum Issues and Administration
Topic: Need a new sub-forum for guns?
Replies: 25
Views: 2228

Re: How important is an international allocation?

Looks pretty obvious to me when you choose a proper comparison and don't manipulate the endpoints.

Image
by MindBogler
Sun Mar 22, 2015 5:11 pm
 
Forum: Investing - Theory, News & General
Topic: How important is an international allocation?
Replies: 66
Views: 4656

Re: [Poll] Do you have an auto loan?

I bought a 1 yr old used car with a 2.09% loan this year. I replaced a 12 year old car that I sold for a decent chunk. I could pay cash but 2.09 is low enough that I don't feel compelled to give up my cash. IMHO, I think you'd have to be crazy to pay cash for a car right now.
by MindBogler
Thu Mar 19, 2015 10:25 pm
 
Forum: Personal Finance (Not Investing)
Topic: [Poll] Do you have an auto loan?
Replies: 72
Views: 4528

Re: Poll: Do you consider mortgage payments an investment?

You already own the house, and the house will appreciate or depreciate just as much regardless of how much you pay on the mortgage (unless you default and the house is taken away from you). The principal payment itself has only the effect that a payment now will give you a fixed amount of money lat...
by MindBogler
Thu Mar 12, 2015 2:30 pm
 
Forum: Personal Finance (Not Investing)
Topic: Poll: Do you consider mortgage payments an investment?
Replies: 58
Views: 3857

Re: Poll: Do you consider mortgage payments an investment?

And there is one potential negative effect, in which paying down a mortgage could hurt you with depreciation. If your house depreciates by so much that you are under water, and you go through a short sale or foreclosure in which the bank cannot go after you for the deficiency, any extra payments ar...
by MindBogler
Tue Mar 10, 2015 8:47 am
 
Forum: Personal Finance (Not Investing)
Topic: Poll: Do you consider mortgage payments an investment?
Replies: 58
Views: 3857

Re: Poll: Do you consider mortgage payments an investment?

You already own the house, and the house will appreciate or depreciate just as much regardless of how much you pay on the mortgage (unless you default and the house is taken away from you). The principal payment itself has only the effect that a payment now will give you a fixed amount of money lat...
by MindBogler
Mon Mar 09, 2015 10:46 pm
 
Forum: Personal Finance (Not Investing)
Topic: Poll: Do you consider mortgage payments an investment?
Replies: 58
Views: 3857

Re: Poll: Do you consider mortgage payments an investment?

Making a principal payment is equivalent to buying a non-breakable CD that matures when you retire the mortgage. It may be illiquid during loan existence, hence risky. But increased risk doesn't make an investment an expense. If one says otherwise, then we have different definitions of investment a...
by MindBogler
Mon Mar 09, 2015 10:52 am
 
Forum: Personal Finance (Not Investing)
Topic: Poll: Do you consider mortgage payments an investment?
Replies: 58
Views: 3857

Re: Poll: Do you consider mortgage payments an investment?

I agree with the previous poster that said it should have been:

-Yes
-No

The comments section is for all the qualifiers.

This poll proves that construction is just as important as the question one is trying to answer.
by MindBogler
Mon Mar 09, 2015 10:30 am
 
Forum: Personal Finance (Not Investing)
Topic: Poll: Do you consider mortgage payments an investment?
Replies: 58
Views: 3857

Re: Does My Daughter Need A Prenup?

dolphinsaremammals wrote:Family members have a right to express their opinions.

They certainly do not. It is that errant belief that is the very root of this problem.
by MindBogler
Fri Mar 06, 2015 2:58 pm
 
Forum: Personal Finance (Not Investing)
Topic: Does My Daughter Need A Prenup?
Replies: 175
Views: 6306

Re: Does My Daughter Need A Prenup?

I find it disturbing that any parent believes they do or should have that kind of control over their adult children. You need to recognize your role in the relationship. She's 25, let her make her own decisions. You can make suggestions but I'd caution that unsolicited advice can often be received ...
by MindBogler
Fri Mar 06, 2015 11:30 am
 
Forum: Personal Finance (Not Investing)
Topic: Does My Daughter Need A Prenup?
Replies: 175
Views: 6306

Re: Does My Daughter Need A Prenup?

I find it disturbing that any parent believes they do or should have that kind of control over their adult children. You need to recognize your role in the relationship. She's 25, get out of the way and let her make her own decisions. You can make suggestions but I'd caution that unsolicited advice ...
by MindBogler
Fri Mar 06, 2015 11:23 am
 
Forum: Personal Finance (Not Investing)
Topic: Does My Daughter Need A Prenup?
Replies: 175
Views: 6306

Re: Emerging Market Stocks & Oil Prices, 1997-2015

This is the problem with correlations: they work until they don't.
by MindBogler
Thu Mar 05, 2015 5:31 pm
 
Forum: Investing - Theory, News & General
Topic: Emerging Market Stocks & Oil Prices, 1997-2015
Replies: 12
Views: 1010

Re: If you have $1 million...

If I Had $1000000 (If I Had $1000000) I'd buy you a house (I would buy you a house) If I Had $1000000 (If I Had $1000000) I'd buy you furniture for your house (Maybe a nice chesterfield or an ottoman) If I Had $1000000 (If I Had $1000000) I'd buy you a K-Car (a nice Reliant automobile) If I Had $10...
by MindBogler
Thu Mar 05, 2015 3:15 pm
 
Forum: Personal Finance (Not Investing)
Topic: If you have $1 million...
Replies: 65
Views: 6415

Re: If you have $1 million...

I think there is a problem amongst too many people on this forum that borders on an obsessive-compulsive frugality disorder. Everyone should absolutely be saving. However, deferring your entire life until 55, 60, or 65 is a fool's errand. For many people life is going to be ending shortly thereafter...
by MindBogler
Thu Mar 05, 2015 3:11 pm
 
Forum: Personal Finance (Not Investing)
Topic: If you have $1 million...
Replies: 65
Views: 6415

Re: Poll: Increasing international equities

50-50 US:Int. It's close to market weight and sure is simple. I have been this way for quite some time.
by MindBogler
Tue Mar 03, 2015 5:32 pm
 
Forum: Investing - Theory, News & General
Topic: Poll: Increasing international equities
Replies: 58
Views: 3993

Re: Are remote starters bad for cars?

The only real arguments against remote start are for environmental (pollution) or monetary (wasting gas) reasons.
by MindBogler
Fri Feb 27, 2015 12:11 pm
 
Forum: Personal Consumer Issues
Topic: Are remote starters bad for cars?
Replies: 42
Views: 3191

Re: [Heads up: Lenovo PC security compromised, thanks to adw

This kind of man in the middle attack can be performed against any computer platform that uses certificates. So I recommend not resting on your laurels because you're using *nix, Apple, etc. You're just as vulnerable to this kind of attack. If you want to be really alarmed, your IT department might ...
by MindBogler
Wed Feb 25, 2015 1:05 pm
 
Forum: Personal Consumer Issues
Topic: [Heads up: Lenovo PC security compromised, thanks to adware]
Replies: 51
Views: 5011

Re: Poll: Largest fraudulent charge to your credit card(s)?

I've had numerous fraudulent charges, but the charges have never been visible and cards have promptly been closed by the bank. In fact, both our debit cards were just cancelled last week for this very reason. Maybe I need to shop and dine at different establishments...
by MindBogler
Thu Feb 19, 2015 8:38 pm
 
Forum: Personal Consumer Issues
Topic: Poll: Largest fraudulent charge to your credit card(s)?
Replies: 49
Views: 2591

Re: Do Not Use Lenovo Computers to Shop or Access Finance Si

Step 1 on a new PC should always be to format the drive and reload the OS skipping any manufacturer-specific "utilities" during the reload.
by MindBogler
Thu Feb 19, 2015 9:31 am
 
Forum: Personal Consumer Issues
Topic: [Heads up: Lenovo PC security compromised, thanks to adware]
Replies: 51
Views: 5011

Re: What is the worst financial decision that you've made?

Listening to a financial adviser. I was 100% in an actively managed tech mutual fund through the tech crash. I lost 80% of my retirement savings. The only saving grace is that I was only a few years into the process. I guess that experience brought me to indexing and self-direction, so perhaps it wa...
by MindBogler
Wed Feb 18, 2015 2:33 pm
 
Forum: Personal Finance (Not Investing)
Topic: What was your dumbest financial decision?
Replies: 172
Views: 15481

Re: What age did you become financially independent of paren

I joined the military 2 months after I turned 18, shipped out 4 months later and was fully independent at 18. I took advantage of the GI Bill and personal savings to get a university degree. I have never gone back to live at home and never taken a dime otherwise. This was sometime in the last millen...
by MindBogler
Fri Feb 13, 2015 11:58 am
 
Forum: Personal Consumer Issues
Topic: What age did you become financially independent of parents?
Replies: 68
Views: 4849

Re: Cutting the cable cord using media center

In all likelihood, you inadvertently bought a card that supports hardware decoding. Your advice, without specifying what feature set to look for in a GPU, is good way to cause others to spend money needlessly. I corrected your error of omission to prevent people throwing parts at problems which aren...
by MindBogler
Tue Feb 03, 2015 1:07 pm
 
Forum: Personal Consumer Issues
Topic: Cutting the cable cord using media center
Replies: 27
Views: 3083

Re: Cutting the cable cord using media center

Anything that you see on your monitor/screen has to do with graphics card/processor. Most budget PCs that you get today will require PSU (power source unit) and Graphics Card update in order to be able to playback HD video such as BluRay players. There is a 1GB Graphics Card for $20 and there is an...
by MindBogler
Tue Feb 03, 2015 11:51 am
 
Forum: Personal Consumer Issues
Topic: Cutting the cable cord using media center
Replies: 27
Views: 3083

Re: HELP! Mortgage company is denying my PMI termination req

Did they order the new appraisal or did you? If you ordered the appraisal it is invalid for these purposes. Is your mortgage 5 years old? If not, you need 75% LTV not 80%. This information is on your link under the heading "Borrower-Initiated Termination of Conventional Mortgage Insurance Based...
by MindBogler
Wed Jan 28, 2015 5:20 pm
 
Forum: Personal Finance (Not Investing)
Topic: HELP! Mortgage company is denying my PMI termination request
Replies: 28
Views: 3529

Re: data mining vs. historical performance

columbia wrote:I'll bite: what is the main point that you wish to make?

Start at my first post and keep reading. Repeat as necessary until understood. :sharebeer
by MindBogler
Tue Jan 27, 2015 8:47 pm
 
Forum: Investing - Theory, News & General
Topic: data mining vs. historical performance
Replies: 39
Views: 1735

Re: data mining vs. historical performance

Would "data mining" or the question of "yes, but can history repeat itself" even have been mentioned had the portfolio not contained a position in gold? Yes, definitely. If you had used any other asset with the same combination of very high returns in the last 42 years and low r...
by MindBogler
Tue Jan 27, 2015 7:55 pm
 
Forum: Investing - Theory, News & General
Topic: data mining vs. historical performance
Replies: 39
Views: 1735

Re: data mining vs. historical performance

I think there's still some misunderstanding. It is obviously, without reference to data, true that X-2 < X-1. Nobody has to show past data to demonstrate costs matter. Nobody has to show past data to demonstrate T(otal)M(arket)N(et)Return < T(otal)M(arket)G(ross) Return. These truths are truly self...
by MindBogler
Tue Jan 27, 2015 7:36 pm
 
Forum: Investing - Theory, News & General
Topic: data mining vs. historical performance
Replies: 39
Views: 1735

Re: data mining vs. historical performance

Your confusing data mining with evidence that supports a hypothesis or statements that are self evidently true, without regard for historical evidence. It's only obviously true in light of past performance. They didn't call it "Bogle's Folly" for nothing... -Edited with a quote for clarity.
by MindBogler
Tue Jan 27, 2015 6:59 pm
 
Forum: Investing - Theory, News & General
Topic: data mining vs. historical performance
Replies: 39
Views: 1735

Re: data mining vs. historical performance

Jack Bogle, et al., hypothesized that indexing would lower costs, costs matter, etc. The only observational evidence in support of indexing is based on historical data. There is no way to know with precision going forward that indexing will succeed, but we support that hypothesis using historical pe...
by MindBogler
Tue Jan 27, 2015 6:48 pm
 
Forum: Investing - Theory, News & General
Topic: data mining vs. historical performance
Replies: 39
Views: 1735

Re: Moving up a tax bracket - when to avoid, when to give up

That is an interesting graph, mcrunyan. It would be even more interesting with the addition of 7.65% FICA tax up to $117,000 for 2014.
by MindBogler
Tue Jan 27, 2015 3:10 pm
 
Forum: Personal Finance (Not Investing)
Topic: Moving up a tax bracket - when to avoid, when to give up
Replies: 26
Views: 2655

Re: Where to hold $ for less than 1 year

Unfortunately for the short time frame, Ally is probably about the safest bet. Even if you could get a couple more basis points without increasing your risk, would it be worth the hassle for funds that will be needed in under a year?
by MindBogler
Tue Jan 27, 2015 3:02 pm
 
Forum: Investing - Help with Personal Investments
Topic: Where to hold $ for less than 1 year
Replies: 4
Views: 736

Re: data mining vs. historical performance

You're only allowed to data mine when you're supporting the party line.
by MindBogler
Tue Jan 27, 2015 2:21 pm
 
Forum: Investing - Theory, News & General
Topic: data mining vs. historical performance
Replies: 39
Views: 1735

Re: Scary taxes :(

When I started working the top tax bracket was 70%. It had been 80% when I was in junior high school and did a household budgeting project. I can't say I was actually aware of it, but when I was a little kid it was 90%. This information is essentially useless you put it in context. How many people ...
by MindBogler
Mon Jan 26, 2015 12:45 pm
 
Forum: Investing - Help with Personal Investments
Topic: Scary taxes :(
Replies: 18
Views: 3215

Re: 529 Plans in Danager?

It's what they call a trial balloon in Washington for means tested taxation of all tax advantaged space. It should serve as a warning to anyone who thinks Washington is obligated to deliver on "promises" they've made to the people.
by MindBogler
Thu Jan 22, 2015 10:07 am
 
Forum: Investing - Theory, News & General
Topic: 529 Plans in Danger?
Replies: 21
Views: 1591

Re: Eliminating the "Face Palm" Icon

I think we all need to go to sensitivity training. :oops:

People say a lot of things directly that are more offensive than the various times where the use of the face palm emoticon might have been construed in a condescending manner. That's IMO and we all know what those are worth.
by MindBogler
Fri Jan 16, 2015 5:36 pm
 
Forum: Forum Issues and Administration
Topic: Eliminating the "Face Palm" Icon
Replies: 33
Views: 2470

Re: Swiss franc jumps as SNB abandons ceiling versus euro

Caduceus wrote:^ And some who will be buying Lamborghinis :)

I'm placing my order right now! :sharebeer
by MindBogler
Thu Jan 15, 2015 2:15 pm
 
Forum: Investing - Theory, News & General
Topic: Swiss franc jumps as SNB abandons ceiling versus euro
Replies: 25
Views: 2342

Re: Swiss franc jumps as SNB abandons ceiling versus euro

There are going to be some leveraged currency speculators eating dog food tomorrow.
by MindBogler
Thu Jan 15, 2015 2:08 pm
 
Forum: Investing - Theory, News & General
Topic: Swiss franc jumps as SNB abandons ceiling versus euro
Replies: 25
Views: 2342

Re: SIMPLE IRA Question

A few years ago I tried to setup a self-directed SIMPLE IRA (5304-SIMPLE) at Vanguard and they were unequivocal through multiple layers of phone support, supervisors, managers, etc. that they would not. I called multiple times and received the same run around each time, as well as the same answer. A...
by MindBogler
Sat Jan 10, 2015 10:47 pm
 
Forum: Personal Finance (Not Investing)
Topic: SIMPLE IRA Question
Replies: 29
Views: 1487

Re: Mice in the house

I agree with some previous sentiments that, because you have cats, the problem of the existing mice will be solved eventually. What you need to do in the interim is figure out how they got in and seal off that access. No amount of traps, poison or predators will solve the underlying problem. Seal of...
by MindBogler
Sat Jan 10, 2015 5:29 pm
 
Forum: Personal Consumer Issues
Topic: Mice in the house
Replies: 86
Views: 5454

Re: The Bond King says cycle closing and Cash is King

abuss368 wrote:Bill Gross and I are neighbors. He explained this is better detail over cold drinks a few nights ago. I moved all my investments as a result.

I see what you did there. :D :sharebeer
by MindBogler
Wed Jan 07, 2015 1:12 pm
 
Forum: Investing - Theory, News & General
Topic: The Bond King says cycle closing and Cash is King
Replies: 22
Views: 3812

Re: The Bond King says cycle closing and Cash is King

Current valuations agree with his analysis, except no one knows the timing. Expected returns should be lower going forward until earnings grow or prices drop. Let's not ignore the message to spite the messenger.
by MindBogler
Wed Jan 07, 2015 12:44 pm
 
Forum: Investing - Theory, News & General
Topic: The Bond King says cycle closing and Cash is King
Replies: 22
Views: 3812

Re: Do commodities provide a real return?

Commodities have no expected real return unless you're an FX trader skilled in front-running orders through clandestine chat rooms.
by MindBogler
Wed Dec 31, 2014 6:05 pm
 
Forum: Investing - Theory, News & General
Topic: Do commodities provide a real return?
Replies: 25
Views: 1057

Re: How to make more money?

I'm sure they also were in med school when it wasn't as expensive as it is now and at a time when there was more certainty about the industry. I have a few friends my age (same age as the OP, 33) just starting or even trying to get into med school; crazy to think they'll be 40 before they are actua...
by MindBogler
Wed Dec 31, 2014 5:50 pm
 
Forum: Personal Finance (Not Investing)
Topic: How to make more money?
Replies: 53
Views: 5671

Re: How to make more money?

At 33, you can still go to medical school, or nursing school - CRNAs for example make good money, like $100k-$200k. Need to take all pre-requisite classes though. This is horrible advice for several reasons. First, look at the AAMC admission statistics sorted by age at matriculation. Over 30 is som...
by MindBogler
Wed Dec 31, 2014 12:33 pm
 
Forum: Personal Finance (Not Investing)
Topic: How to make more money?
Replies: 53
Views: 5671

Re: Protecting your Windows system from malware

VictoriaF wrote:The linked article is dated 2011-09-27. Many new exploits have been invented since then.

Victoria

-Virtually eliminating virtual risks since 9-27-2011.
by MindBogler
Fri Dec 26, 2014 2:56 pm
 
Forum: Personal Consumer Issues
Topic: Protecting your Windows system from malware
Replies: 44
Views: 5342

Re: Square pegs won't go in round holes! Net Worth and Cash

On the contrary, a square peg will fit in a round hole whose diameter is greater than or equal to the length of the hypotenuse bisecting the square into two opposing right triangles.
by MindBogler
Fri Dec 26, 2014 2:50 pm
 
Forum: Personal Finance (Not Investing)
Topic: Square pegs won't go in round holes! Net Worth and Cash flow
Replies: 83
Views: 7286

Re: Camcorder vs. iPhone vs. DSLR Camera

I have yet to see a cell phone that could be relied upon for any motion in the frame. Typically you end up with a smear instead of a picture. DSLRs are excellent, even on automatic settings, at capturing objects that refuse to sit still.
by MindBogler
Wed Dec 17, 2014 2:30 pm
 
Forum: Personal Consumer Issues
Topic: Camcorder vs. iPhone vs. DSLR Camera
Replies: 39
Views: 2747
Next

Return to advanced search