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CNBC ratings prove investors still just don't care.

http://slant.investorplace.com/2013/05/cnbc-ratings-prove-investors-still-just-dont-care/ Oh, they care alright. They are learning, even if it's been a trial by fire for many. It's... "Buy, Hold and Re-balance low cost index funds" versus "Mouth breathing TV viewing leading to pickin...
by VennData
Thu May 30, 2013 11:59 am
 
Forum: Investing - Theory, News & General
Topic: CNBC ratings prove investors still just don't care.
Replies: 14
Views: 1142

Re: Vanguard Mobile "Portfolio Analysis" is awful

Whether its one percent, five or fifty. It's not useful. Even the bottom one percent should be able to at least see it all on one page. The idea that this will help make someone a decision by burying the Large/Mid/Small in a scond page is unfathomable. Any level of granularity on domestic internatio...
by VennData
Sat May 18, 2013 4:36 pm
 
Forum: Investing - Theory, News & General
Topic: Vanguard Mobile "Portfolio Analysis" is awful
Replies: 6
Views: 672

WSJ discussion on retirement [Self-directed IRA]

Forget your 401(k) plan. The big money today is building nest eggs on everything from show horses to rock bands http://online.wsj.com/article/SB10001424127887323372504578467133425317620.html This paper has not got its reader's best interest at heart. I just don't think they are a credible source.
by VennData
Sat May 18, 2013 4:30 pm
 
Forum: Investing - Theory, News & General
Topic: WSJ discussion on retirement [Self-directed IRA]
Replies: 3
Views: 450

Vanguard Mobile "Portfolio Analysis" is awful

You can only set some broad stocks bonds allocation. you can't see the detail on one screen, no room for REITS or any specialized allocations. This thing is terrible. I've got a Google docs spread sheet that gives me everything plus detailed tax situations, when sales go long term, growth of portfol...
by VennData
Sat May 18, 2013 10:59 am
 
Forum: Investing - Theory, News & General
Topic: Vanguard Mobile "Portfolio Analysis" is awful
Replies: 6
Views: 672

Re: Now's the time to buy bonds - Gundlach

So this guy that sells bonds wants you to buy bonds.

And he sells actively managed bond funds so he doesn't want you in bond index funds.

Sounds to me as if he's talking his book.
by VennData
Wed May 08, 2013 9:37 am
 
Forum: Investing - Theory, News & General
Topic: Now's the time to buy bonds - Gundlach
Replies: 11
Views: 2171

Re: timely blog post--dont' get too excited by the market

Some folks have been very, very excited about gold the last few years.
by VennData
Mon Apr 15, 2013 5:51 pm
 
Forum: Investing - Theory, News & General
Topic: timely blog post--dont' get too excited by the market
Replies: 7
Views: 1272

Re: VG International Bond Index Fund

I truly prefer not to hold any international funds and this is just adding more international funds to my holdings. Almost there The funds are dollar-based. They use options to not give you exposure to the foreign currencies since that is what the back testing shows is the way to add this portfolio...
by VennData
Sun Mar 03, 2013 12:48 pm
 
Forum: Investing - Theory, News & General
Topic: VG International Bond Index Fund
Replies: 24
Views: 1610

Re: Update: The Incredible Shrinking Market

Also, the government has not helped by significantly increasing the regulatory burden on public companies over the past decade. Quite possibly, the government has helped, since maybe those companies should not have been public in the first place. You cannot say either way. Investors are wise to hol...
by VennData
Mon Jan 21, 2013 1:31 pm
 
Forum: Investing - Theory, News & General
Topic: Update: The Incredible Shrinking Market
Replies: 87
Views: 9099

Re: Expanded view of Asset Allocation

I was a young investor, then I read your post. I finished reading your post and now I am an old investor and am glad I followed the Boglehead methodology.
by VennData
Mon Jan 21, 2013 1:23 pm
 
Forum: Investing - Theory, News & General
Topic: Expanded view of Asset Allocation
Replies: 47
Views: 2151

Re: Interesting Fox Business article... [Rebalancing]

Fox investing News. How much were they paid?

Absolutely ridiculous.
by VennData
Wed Jan 02, 2013 11:39 pm
 
Forum: Investing - Theory, News & General
Topic: Interesting Fox Business article... [Rebalancing]
Replies: 12
Views: 1432

Support Yacht

"...Sometimes even a megayacht isn't big enough... So to solve the problem of not enough space, wealthy sailors are investing in so-called support yachts to ferry around their personal helicopters, speedboats, sports cars and all the other assorted toys that go into a season in the Mediterrane...
by VennData
Thu Dec 27, 2012 4:24 pm
 
Forum: Investing - Theory, News & General
Topic: Support Yacht
Replies: 2
Views: 433

Finally, this year will be the stock picker's year

Here's a funny one, please, lets see some more. Note that the pair-wise correlations of all S&P 500 stock combinations has fallen to 30%, down from a high of 70% in 2011. This indicates that we are close to being in a differentiated/stock picker’s market. ROFL! And then, this self-admonishing on...
by VennData
Thu Dec 27, 2012 4:17 pm
 
Forum: Investing - Theory, News & General
Topic: Finally, this year will be the stock picker's year
Replies: 1
Views: 301

Rich managers, poor clients - neologisms...

THE masters of the universe have been humbled. Over the past ten years, hedge-fund managers have underperformed not just the stockmarket, but inflation as well. http://www.economist.com/news/leaders/21568740-investors-have-paid-too-much-hedge-fund-expertise-better-focus-low-costs-star If the benefi...
by VennData
Fri Dec 21, 2012 12:08 pm
 
Forum: Investing - Theory, News & General
Topic: Rich managers, poor clients - neologisms...
Replies: 1
Views: 357

Re: DON'T PANIC! Bond Fund Corrections Shouldn't Spook You

but it begs the question: what will people do when bonds (drumroll please) ... drop two percent?! If people are panicking at a slight dip that brings us back to where we were a month ago (which is still way ahead of where we were a year ago), I worry what will happen if/when rates rise in earnest. ...
by VennData
Thu Dec 20, 2012 5:24 am
 
Forum: Investing - Theory, News & General
Topic: DON'T PANIC! Bond Fund Corrections Shouldn't Spook You
Replies: 23
Views: 2472

Re: Should You Secular Market Time?

Apostacy. The Temple Needs Cleansing. OUT! You money er... a... asset-allocation-changers.
by VennData
Fri Dec 14, 2012 1:31 pm
 
Forum: Investing - Theory, News & General
Topic: Should You Secular Market Time?
Replies: 37
Views: 2892

Re: "Skating Where the Puck Was"

WJO: the best opportunities... 2) They involve real work, which is presumably what you're trying to avoid in retirement. 3) Carry with them a gargantuan amount of nonsystematic risk. And 2) and 3) are mutually exclusive. If you work on one "project" your risk is dramatic. If you work on m...
by VennData
Thu Dec 13, 2012 1:21 am
 
Forum: Investing - Theory, News & General
Topic: "Skating Where the Puck Was"
Replies: 79
Views: 11314

Re: Why did today's Fed announcement trash TIPS?

It really moved at 12:12:12 ... on 12/12/12.
by VennData
Thu Dec 13, 2012 1:06 am
 
Forum: Investing - Theory, News & General
Topic: Why did today's Fed announcement trash TIPS?
Replies: 37
Views: 4322

Re: US Debt Crisis - Kyle Bass Letter

Kyle bass has made some exact calls regarding real estate in 08-09 and greece more recently. And he was wrong about stocks in '09, very very wrong, and wrong about bonds. So he's batting .500. Anyone throwing darts can bat .500. Ignore Kyle Bass and his crackpot nonsense. The guy "invests"...
by VennData
Thu Nov 29, 2012 7:22 pm
 
Forum: Investing - Theory, News & General
Topic: Kyle Bass Letter
Replies: 44
Views: 3831

Re: What is the academic literature against the bogleheads?

This guy pretty much dismissed the idea that over the very long haul you will have anything to speak of. http://en.wikipedia.org/wiki/Rudolf_Clausius ....with regard to the Second law of Thermodynamics... http://en.wikipedia.org/wiki/Second_law_of_thermodynamics And folks say Economics is the dismal...
by VennData
Sun Nov 18, 2012 11:50 pm
 
Forum: Investing - Theory, News & General
Topic: What is the academic literature against the bogleheads?
Replies: 90
Views: 5714

Re: Saunter on HFT, Santoli on investor "knowledge"

Sorry but Andy Brooks of T. Rowe Price seemed more credible than Sauter. If the article is correct that HFT generates $1.25 billion in profits, that money isn't coming from thin air but rather from investor returns. Sauter knows this but as with the other recent interviews he's given, it's clear he...
by VennData
Sun Oct 28, 2012 11:08 am
 
Forum: Investing - Theory, News & General
Topic: Sauter on HFT, Santoli on investor "knowledge"
Replies: 10
Views: 1051

Re: U.S. stocks in freefall

Europe, China slowdown, slowing earnings growth, growing debt & deficits, Barron's says money managers are all becoming bearish, an election of immeasurably-epic proportions and the biggest storm in a hundred years (this is what they are yammering on about now.)
by VennData
Sun Oct 28, 2012 10:39 am
 
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 648
Views: 94504

Sauter on HFT, Santoli on investor "knowledge"

Sauter, whose firm does not engage in high-frequency trading, said he does not begrudge these traders the profit. By making their money in small increments, high-frequency traders have helped narrow spreads — the difference between what traders spend to buy a stock and the price at which they sell ...
by VennData
Fri Oct 26, 2012 11:27 am
 
Forum: Investing - Theory, News & General
Topic: Sauter on HFT, Santoli on investor "knowledge"
Replies: 10
Views: 1051

Re: Avoiding the black hole of investing

Some might ask if Vanguard is making an active decision to avoid those stocks? Others might wonder of switching indexes twice in 10 years is starting to take on an active flair?


Ask your DFA advisor, have him take you to lunch, on his yatch.
by VennData
Fri Oct 26, 2012 9:01 am
 
Forum: Investing - Theory, News & General
Topic: Avoiding the black hole of investing
Replies: 88
Views: 5747

Re: Vanguard Int'l Bond--any news?

Where did you hear that?
by VennData
Mon Oct 22, 2012 5:25 pm
 
Forum: Investing - Theory, News & General
Topic: Vanguard Int'l Bond--any news?
Replies: 79
Views: 8985

Re: Vanguard's Gus Sauter on CNBC

What is a secular bear market? A market that has gone down. Has our market gone down? Depends on where your start point is. Does knowing the market went down (or up) allow you to predict where it will go in the future? No. So, knowing we're in a secular bear market does you no good. Measuring if we'...
by VennData
Fri Oct 19, 2012 12:21 pm
 
Forum: Investing - Theory, News & General
Topic: Vanguard's Gus Sauter on CNBC
Replies: 7
Views: 1466

Re: Will You Use the New Vanguard Short-Term TIPS Index Fund

Already in. Great compliment to a portfolio, the ETF is subsidized by the fee to the other funds. This is the ultimate safe, short-term investment.
by VennData
Thu Oct 18, 2012 10:58 am
 
Forum: Investing - Theory, News & General
Topic: Will You Use the New Vanguard Short-Term TIPS Index Fund?
Replies: 27
Views: 4300

Re: How do HFT get around the SEC fee?

I'm not anti-HFT, quite the contrary, I think computers would do a much better job. However,How can they be making these small increments if they have to pay that fee? They can't. So the anti-HFT people who talk about scalping pennies are not be factual.
by VennData
Tue Oct 09, 2012 12:34 pm
 
Forum: Investing - Theory, News & General
Topic: How do HFT get around the SEC fee?
Replies: 9
Views: 890

Re: Exit from Stocks WSJ

If so much money has been leaving the market, why have stocks gone up in price? Less supply? Good point. But because it's simply a faulty assumption. If someone sells a stock to someone else, no money has "left" the market. The same amount of real, cash money that "left" also &q...
by VennData
Fri Oct 05, 2012 6:24 pm
 
Forum: Investing - Theory, News & General
Topic: Exit from Stocks WSJ
Replies: 39
Views: 4308

Re: Swedroe portfolio today

That is why discipline comes before diversification in terms of importance. I think this is right, and important for people to understand: If you make some reasonable assumptions about Diversification, as the Swedroe Portfolio does, then Discipline is obviously very important to the exercise. But i...
by VennData
Fri Oct 05, 2012 6:20 pm
 
Forum: Investing - Theory, News & General
Topic: Swedroe portfolio today
Replies: 102
Views: 7985

How do HFT get around the SEC fee?

When I sell an ETF I get charged a few pennies, Vanguard calls it the SEC fee. How do HFT eschew this?
by VennData
Fri Oct 05, 2012 4:32 pm
 
Forum: Investing - Theory, News & General
Topic: How do HFT get around the SEC fee?
Replies: 9
Views: 890

Re: How do you deal with the Gloom and Doom

without it inevitably leading to some discussion about how we're all supposedly going to be taken away and thrown in the "FEMA prison camps", or the chem-trails, or take your pick. They've been conned. You want that advertising demographic? Go for it. Those folks buy tons of stuff and are...
by VennData
Thu Oct 04, 2012 5:04 pm
 
Forum: Investing - Theory, News & General
Topic: How do you deal with the Gloom and Doom
Replies: 80
Views: 6552

Re: How Buffett beats the market

I wonder how much more return shorting Peter Schiff while going long WB would net you? http://seekingalpha.com/article/116694-peter-schiff-s-euro-pacific-capital-down-40-70-in-2008 http://globaleconomicanalysis.blogspot.com/2009/01/peter-schiff-was-wrong.html How's Shiff's run for office going? Bet ...
by VennData
Tue Oct 02, 2012 4:46 pm
 
Forum: Investing - Theory, News & General
Topic: How Buffett beats the market
Replies: 12
Views: 1641

Re: Bonds: Bernstein vs. Swedroe and Ferri

They are neither right nor wrong (for them), it's just their aggregate decisions make no sense for us. So do their aggregate decision in the equity markets make sense for us? REITs? Your comment about market timing makes no sense at all. Simply holding TBM has been in effect a marketing timing move...
by VennData
Sat Sep 29, 2012 2:13 pm
 
Forum: Investing - Theory, News & General
Topic: Bonds: Bernstein vs. Swedroe and Ferri
Replies: 89
Views: 7559

Re: Bonds: Bernstein vs. Swedroe and Ferri

Jerry, I don't understand your point, you either do care what institutions hold the asset classes you intend to allocate to or you don't. I don't. There's no reason to, as you can't determine what their future behavior will be. I also don't use TBM, and am more or a Rick Ferri-type bond market alloc...
by VennData
Sat Sep 29, 2012 1:23 pm
 
Forum: Investing - Theory, News & General
Topic: Bonds: Bernstein vs. Swedroe and Ferri
Replies: 89
Views: 7559

Re: buffett's outperformance

To define Warren Buffett as a "stock picker" is like calling Cartier-Bresson a "Leica photographer," or Elvis Presley a "sideburn wearer," or the Wright brothers "bicycle mechanics." Factually accurate, not quite capturing the essence. or like saying nisipriu...
by VennData
Sat Sep 29, 2012 1:11 pm
 
Forum: Investing - Theory, News & General
Topic: buffett's outperformance
Replies: 28
Views: 3310

Re: Bonds: Bernstein vs. Swedroe and Ferri

Why would the right allocation for anyone individual be the weighted average purchase of all these major market participants with vastly different goals than an individual? Because that is the market. What they do or don't do in the future isn't something you can know about. You don't know how much...
by VennData
Fri Sep 28, 2012 5:40 pm
 
Forum: Investing - Theory, News & General
Topic: Bonds: Bernstein vs. Swedroe and Ferri
Replies: 89
Views: 7559

Re: I'm 25: Should I be mad that the market is doing well?

Some people think - and say - the market ISN'T doing well. They are angry and upset. You're better off then they are.
by VennData
Wed Sep 26, 2012 10:19 pm
 
Forum: Investing - Theory, News & General
Topic: I'm 25: Should I be mad that the market is doing well?
Replies: 41
Views: 3643

Re: buying gold - 1oz coins, ingots, etc

The chances of these being fakes like the ones in the other threads... http://www.bogleheads.org/forum/viewtopic.php?f=10&t=102940 ...and the inability to identify it, makes these vehicles a silly way to invest. It is important for all of these gold threads to include the caveats about the gold ...
by VennData
Tue Sep 25, 2012 10:37 am
 
Forum: Investing - Theory, News & General
Topic: buying gold - 1oz coins, ingots, etc
Replies: 22
Views: 2606

Re: Gold risk - fake bar in NYC - now TEN more 9/23

Tip of the iceberg... You goldbugs cannot say when this ends - just like they endlessly remind us the statements made by the powers that be that "the housing crisis is contained" - but now it's different. Oh yeah, it's magical gold so it's contained, you just weigh it, LOL. You just look a...
by VennData
Tue Sep 25, 2012 10:31 am
 
Forum: Investing - Theory, News & General
Topic: Gold risk - fake bar in NYC - now TEN more 9/23
Replies: 60
Views: 4230

Re: High frequency trading much ado about not very much

Larry, Your call for even the slighest tax on trades, user fee, what have you will cause some circles to go bonkers out-of-proportion to reality. I'm with Rhino, I'm not sure I understand how the HFT get around the 8-9 cent per hundred shares I get charged on every sale I make of ETFs. Buffett was r...
by VennData
Fri Sep 21, 2012 8:28 pm
 
Forum: Investing - Theory, News & General
Topic: High frequency trading much ado about not very much
Replies: 6
Views: 710

Re: TIPS: Inflation protection still has risks.

When will someone come out with a High Yield TIPs fund?
by VennData
Fri Sep 21, 2012 3:55 pm
 
Forum: Investing - Theory, News & General
Topic: TIPS: Inflation protection still has risks.
Replies: 42
Views: 4050

Re: Investors Worry/Markets Rally

Pessimism is an emotion. I can tell you the pessimism now compared to March 2009 may or may not be greater, it's difficult to measure, but it was "high" then, and the market gave you great, record returns. Optimism is an emotion. It was "high" in 2006. The returns you got from th...
by VennData
Thu Sep 20, 2012 12:12 pm
 
Forum: Investing - Theory, News & General
Topic: Investors Worry/Markets Rally
Replies: 28
Views: 2797

Re: Vanguard Answers Corporate HY Bond Questions

One thing is the index construction. Say the index 'buys the new issues at par and uses the coupon. If that happened, not sure it did, if that happened then the premium paid at issue would cause the big difference.
by VennData
Fri Sep 07, 2012 10:28 pm
 
Forum: Investing - Theory, News & General
Topic: Vanguard Answers Corporate HY Bond Questions
Replies: 141
Views: 20776

Re: Investors lack basic financial literacy, study finds

Financial Advisors should be held to a fiduciary level of responsibility to their clients. Full stop.
by VennData
Wed Sep 05, 2012 2:59 pm
 
Forum: Investing - Theory, News & General
Topic: Investors lack basic financial literacy, study finds
Replies: 15
Views: 1733

Investors lack basic financial literacy, study finds

This is sad http://www.csmonitor.com/Business/Donald-Marron/2012/0904/Investors-lack-basic-financial-literacy-study-finds The agnotology of financial media and their powerful supporters should be addressed legislatively. http://en.wikipedia.org/wiki/Agnotology Something jack Bogle certainly supports...
by VennData
Tue Sep 04, 2012 3:02 pm
 
Forum: Investing - Theory, News & General
Topic: Investors lack basic financial literacy, study finds
Replies: 15
Views: 1733

Re: Jack Bogle: "99.2% [of stock investing] is speculative"

Free markets necessate the voluntary interaction of willing parties for their mutual benefit without the meddling of disinterested parties. You characterized "someone who believes in free markets" with qualifiers. I believe in free markets and do not believe in your qualifiers. Why? Becau...
by VennData
Tue Sep 04, 2012 2:58 pm
 
Forum: Investing - Theory, News & General
Topic: Jack Bogle: "99.2% [of stock investing] is speculative"
Replies: 43
Views: 4323

Re: Jack Bogle: "99.2% [of stock investing] is speculative"

I can't even read this stuff from Bogle...Someone who "believes in free markets" does not believe... Incorrect. You are talking about free market fundementalism. You can use markets as a public policy tool, as we do in the US in a whole host of manners without saying that people must beli...
by VennData
Fri Aug 31, 2012 6:31 pm
 
Forum: Investing - Theory, News & General
Topic: Jack Bogle: "99.2% [of stock investing] is speculative"
Replies: 43
Views: 4323
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