Search found 5887 matches

Return to advanced search

Re: What's your average ER? [Expense Ratio]

LadyGeek wrote:small numbers like expense ratios


Hopefully they're small numbers, lol!
by baw703916
Mon Mar 02, 2015 11:57 pm
 
Forum: Investing - Theory, News & General
Topic: What's your average ER? [Expense Ratio]
Replies: 96
Views: 4161

Re: Poll: Average E/R [Expense Ratio]

This board sure has taken the message of minimizing costs to heart.
by baw703916
Mon Mar 02, 2015 10:54 pm
 
Forum: Investing - Theory, News & General
Topic: Poll: Average E/R [Expense Ratio]
Replies: 22
Views: 1051

Re: Poll: Average E/R [Expense Ratio]

LadyGeek wrote:It makes sense to merge the threads, but doing so will reset the poll (or remove it). I'll leave the threads separate.


Good point, and thanks, LG.
by baw703916
Mon Mar 02, 2015 10:08 pm
 
Forum: Investing - Theory, News & General
Topic: Poll: Average E/R [Expense Ratio]
Replies: 22
Views: 1051

Re: Taylor Larimore Honored

Congratulations, Taylor.

Speaking of the 1935 Hurricane story, I can't help but thinking that a great answer to "where are all the customers' yachts?" would be "one ended up in my yard!" :)
by baw703916
Mon Mar 02, 2015 9:58 pm
 
Forum: Investing - Theory, News & General
Topic: Taylor Larimore Honored
Replies: 52
Views: 3743

Re: Market Beating Recipe

VictoriaF wrote:The best recipe is cooking the books.

Explanation: You can't reliably beat the market, unless you have insider information.

Victoria


For Nisiprius, we could add a topping of French-fried vegemite! 8-)
by baw703916
Mon Mar 02, 2015 4:26 pm
 
Forum: Investing - Theory, News & General
Topic: Market Beating Recipe
Replies: 19
Views: 1760

Re: Nasdaq Record High....

It closed above 5000 today. So it's possible for the premise of the OP to be wrong: a new high could be set less than 15 years after the old one (there's about a week left for that to happen).
by baw703916
Mon Mar 02, 2015 4:22 pm
 
Forum: Personal Finance (Not Investing)
Topic: Nasdaq Record High....
Replies: 25
Views: 1843

Re: Market Beating Recipe

One of Buffett's favorite sayings: "Be fearful when others are greedy and greedy only when others are fearful." Early 2009 was a great time to invest. Heck, Buffett himself even wrote an Op-Ed in the NYT saying it was, for anyone who wanted to follow his advice. Very simple. Not very easy ...
by baw703916
Mon Mar 02, 2015 3:19 pm
 
Forum: Investing - Theory, News & General
Topic: Market Beating Recipe
Replies: 19
Views: 1760

Re: Poll: Average E/R

asif408 wrote:If anyone is under 0.05% I have to assume they are primarily using the government TSP or are lying. :D


I think it may be possible in a Megacorp 401(k). There are a few posts in the other thread which claim an E/R that low.
by baw703916
Mon Mar 02, 2015 2:57 pm
 
Forum: Investing - Theory, News & General
Topic: Poll: Average E/R [Expense Ratio]
Replies: 22
Views: 1051

Re: Nasdaq Record High....

Money defined a new metric PEG, Price/Earnings divided by Growth; the lower PEG was the higher potential the stock had. In 2000, PEG of Nortel was twice that of Lucent. I worked for Bell Labs, felt that Lucent was superior to Nortel, and started moving my 401(k) funds into Lucent. Interestingly, Lu...
by baw703916
Mon Mar 02, 2015 2:53 pm
 
Forum: Personal Finance (Not Investing)
Topic: Nasdaq Record High....
Replies: 25
Views: 1843

Poll: Average E/R [Expense Ratio]

There is a thread on people's average E/R, which is great, but I think a survey is needed (unless one is inclined to scroll through lots of posts and remember the median value).
by baw703916
Mon Mar 02, 2015 2:44 pm
 
Forum: Investing - Theory, News & General
Topic: Poll: Average E/R [Expense Ratio]
Replies: 22
Views: 1051

Re: "The Mutual Fund Observer"

This does raise a concern (probably not regarding Vanguard in particular though). Even if an investor (who uses retirement date funds) stays the course, will the fund company? A lot of retirement date funds seem to have AA's that vary over time, in a way that looks a lot like performance chasing. I ...
by baw703916
Sun Mar 01, 2015 8:11 pm
 
Forum: Investing - Theory, News & General
Topic: "The Mutual Fund Observer"
Replies: 4
Views: 634

Re: What's your average ER?

May I suggest a poll for this topic?
by baw703916
Sun Mar 01, 2015 6:30 pm
 
Forum: Investing - Theory, News & General
Topic: What's your average ER? [Expense Ratio]
Replies: 96
Views: 4161

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

Aish wrote:
baw703916 wrote:I invest about 2% of my portfolio "like Warren Buffett". It's up 150% from my cost basis. :)



You mean buying and holding individual stocks?


No, BRK is 2% of my portfolio.
by baw703916
Sun Mar 01, 2015 11:46 am
 
Forum: Investing - Theory, News & General
Topic: Past, present, and future of Berkshire - Annual letter
Replies: 29
Views: 2375

Re: Does a Roth IRA make sense if you live in a high COL pla

NeutrinoPerson wrote:I am not asking about Traditional vs. Roth, but whether or not Roth makes sense here.


Roth is always a better deal than taxable investing.
by baw703916
Sat Feb 28, 2015 6:34 pm
 
Forum: Investing - Help with Personal Investments
Topic: Does a Roth IRA make sense if you live in a high COL place?
Replies: 85
Views: 3114

Re: Does a Roth IRA make sense if you live in a high COL pla

I assume you're asking if it's better to invest in a Traditional or a Roth IRA. The problem is the situations in which you can invest in a deductible Traditional IRA are fairly restrictive, and probably don't apply to most people in NYC/SF/LA/etc. In particular, you have to be at a fairly low income...
by baw703916
Sat Feb 28, 2015 5:30 pm
 
Forum: Investing - Help with Personal Investments
Topic: Does a Roth IRA make sense if you live in a high COL place?
Replies: 85
Views: 3114

Re: "Berkshire Hathaway's Annual Letter to Stockholders"

But if you invest it, and lose money, you still have to pay back the principal, so in that sense it's no different from leverage in that you can find yourself in the hole. While it's better in the sense that there may be no (or even a negative) effective interest rate on the "borrowed" mon...
by baw703916
Sat Feb 28, 2015 4:02 pm
 
Forum: Investing - Theory, News & General
Topic: Past, present, and future of Berkshire - Annual letter
Replies: 29
Views: 2375

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

One detail that I thought was important. Certainly no news here but a nice clear confirmation of what I've believed. While Charlie and I search for new businesses to buy, our many subsidiaries are regularly making bolt-on acquisitions. ... However, the largest acquisition, Duracell, will not close ...
by baw703916
Sat Feb 28, 2015 3:26 pm
 
Forum: Investing - Theory, News & General
Topic: Past, present, and future of Berkshire - Annual letter
Replies: 29
Views: 2375

Re: "Berkshire Hathaway's Annual Letter to Stockholders"

There's not really a fundamental difference between "float" (which WB discusses extensively in reviewing BH's insurance operations) and borrowed money.
by baw703916
Sat Feb 28, 2015 2:24 pm
 
Forum: Investing - Theory, News & General
Topic: Past, present, and future of Berkshire - Annual letter
Replies: 29
Views: 2375

Re: Thought for the Day: Invest Logically

I can picture him watching CNBC and saying to himself: "Fascinating!"

He might be more heavily equity-weighted, actually, for a very logical reason (of course!): IIRC Vulcans have longer life spans and therefore longer time horizons.
by baw703916
Sat Feb 28, 2015 12:20 pm
 
Forum: Investing - Theory, News & General
Topic: Thought for the Day: Invest Logically
Replies: 17
Views: 1602

Thought for the Day: Invest Logically

So in honor of Mr. Spock, I'm going to tout the virtues of investing logically today. There has been a lot written about behavioral investing, but the point is we can, or at least should, control our behavior. It's worth asking ourselves, when exposed to some breathless euphoria or panic about the d...
by baw703916
Fri Feb 27, 2015 10:45 pm
 
Forum: Investing - Theory, News & General
Topic: Thought for the Day: Invest Logically
Replies: 17
Views: 1602

Re: Car Accident in Front Yard

I'd suggest creating a replica of the Dogtown and Babson Boulder Trail close to your front property line. It would negate the momentum of any errant vehicles and also convey some good Boglehead wisdom "Keep Out of Debt".
by baw703916
Fri Feb 27, 2015 10:06 pm
 
Forum: Personal Consumer Issues
Topic: Car Accident in Front Yard
Replies: 30
Views: 2286

Re: International is disappointing

Past performance does not guarantee future results.

(it cuts both ways).
by baw703916
Fri Feb 27, 2015 9:55 pm
 
Forum: Investing - Help with Personal Investments
Topic: International is disappointing
Replies: 72
Views: 4475

Re: Google likes this site

And who did Google invite to educate their employees about investing before their IPO?

http://www.modernluxury.com/san-francis ... -never-get
by baw703916
Thu Feb 26, 2015 3:09 pm
 
Forum: Forum Issues and Administration
Topic: Google likes this site
Replies: 19
Views: 1073

Re: Risk--Again. The common stepping stone

Kevin M wrote:Look at the progression of William Bernstein's books, and his own acknowledgement that he started out too complex


I loved Intelligent Asset Allocator! Just saying... :happy
by baw703916
Wed Feb 25, 2015 7:35 pm
 
Forum: Investing - Theory, News & General
Topic: Risk--Again. The common stepping stone
Replies: 57
Views: 3241

Re: Form 1116 country of origin

I just checked my 1116 form from 2013, done with H&R Block, and it let me enter "RIC" on line g of Part 1.

Is there a bug in this year's software? If so, then this isn't going to be much fun for me.
by baw703916
Wed Feb 25, 2015 10:17 am
 
Forum: Personal Finance (Not Investing)
Topic: Form 1116 country of origin
Replies: 11
Views: 369

Re: Vanguard's New Index Fund of Municiples

This fund's portfolio (based on MUB, which tracks the same index), will be similar to VWLTX (long term), not VWITX (intermediate term). One advantage this fund will have is a lower threshold for low cost shares--Vanguard's current TE funds, because they're "active", have a $50K admiral mi...
by baw703916
Tue Feb 24, 2015 9:36 pm
 
Forum: Investing - Theory, News & General
Topic: New Vanguard AMT-free National Municipal Bond Fund
Replies: 79
Views: 7122

Re: Vanguard's New Index Fund of Municiples

LadyGeek wrote:lucky3 - I merged your thread into here.

baw703916 wrote:There was another thread on this fund that I've suggested that the mods merge with this one, but they haven't yet.

viewtopic.php?f=10&t=154865

It is now, thanks.


Thanks, LG!
by baw703916
Mon Feb 23, 2015 6:34 pm
 
Forum: Investing - Theory, News & General
Topic: New Vanguard AMT-free National Municipal Bond Fund
Replies: 79
Views: 7122

Re: Vanguard's New Index Fund of Municiples

This fund's portfolio (based on MUB, which tracks the same index), will be similar to VWLTX (long term), not VWITX (intermediate term). One advantage this fund will have is a lower threshold for low cost shares--Vanguard's current TE funds, because they're "active", have a $50K admiral min...
by baw703916
Mon Feb 23, 2015 3:28 pm
 
Forum: Investing - Theory, News & General
Topic: New Vanguard AMT-free National Municipal Bond Fund
Replies: 79
Views: 7122

Re: Comedian Kevin Hart: "Stay in your financial lane."

This whole concept seems so foreign to me. I wouldn't even want to hang out with people who like throwing money around. I prefer people who will have money available should a good reason to spend it come along, but who dislike spending money unnecessarily.
by baw703916
Mon Feb 23, 2015 2:41 pm
 
Forum: Investing - Theory, News & General
Topic: Comedian Kevin Hart: "Stay in your financial lane."
Replies: 3
Views: 1406

Re: Vanguard's New Index Fund of Municiples

There was another thread on this fund that I've suggested that the mods merge with this one, but they haven't yet.

viewtopic.php?f=10&t=154865
by baw703916
Mon Feb 23, 2015 1:29 pm
 
Forum: Investing - Theory, News & General
Topic: New Vanguard AMT-free National Municipal Bond Fund
Replies: 79
Views: 7122

Re: Contradictory use of the term "Market Portfolio"

For example,the CAPM says that the risk of a stock should be measured relative to a comprehensive “market portfolio” that in principle can include not just traded financial assets, but also consumer durables, real estate and human capital. Even if we take a narrow view of the model and limit its pu...
by baw703916
Sun Feb 22, 2015 3:22 pm
 
Forum: Investing - Theory, News & General
Topic: Contradictory use of the term "Market Portfolio"
Replies: 22
Views: 758

Re: Cost basis info preserved with in-kind transfer?

FYI: "Between January 2011 and January 2013 brokerage firms everywhere will start reporting investor gains and losses for new holdings directly to the IRS. Whenever a new law requires someone else to report information about you directly to the IRS you might want to review whats going on. For ...
by baw703916
Sun Feb 22, 2015 3:00 pm
 
Forum: Personal Finance (Not Investing)
Topic: Cost basis info preserved with in-kind transfer?
Replies: 10
Views: 581

Re: Cost basis info preserved with in-kind transfer?

We had another example of the cost basis not surviving a transfer, but it didn't involve Vanguard. At Schwab, transferring holdings from one account to another account (same account holder) led to the new "cost basis" then being the " cost per the date of transfer ". Not particu...
by baw703916
Sun Feb 22, 2015 2:51 pm
 
Forum: Personal Finance (Not Investing)
Topic: Cost basis info preserved with in-kind transfer?
Replies: 10
Views: 581

Re: Cost basis info preserved with in-kind transfer?

I owned the Vanguard EM index fund in another brokerage and transferred it to Vanguard, as the other brokerage didn't have a provision for doing an ETF or Admiral shares conversion (and I wanted to lower my expense ratio without having to realize capital gains). Here's the thread I started about it ...
by baw703916
Sun Feb 22, 2015 2:13 pm
 
Forum: Personal Finance (Not Investing)
Topic: Cost basis info preserved with in-kind transfer?
Replies: 10
Views: 581

Re: Risk--Again. The common stepping stone

The possibility of needing money and not having it is the only risk that intuitively makes sense to me. Isn't avoiding that situation the whole point of essentially all financial planning? This risk is best mitigated by having lots of money. It would be pretty much impossible for Warren Buffett to e...
by baw703916
Sun Feb 22, 2015 2:00 pm
 
Forum: Investing - Theory, News & General
Topic: Risk--Again. The common stepping stone
Replies: 57
Views: 3241

Re: Cap Gains & Divs killed me this year

Isn't the problem one of owning actively managed equity funds in taxable accounts? Index funds distribute dividends, but hardly ever capital gains. Vanguard Life Strategy Conservative Growth had a massive capital gain distribution in 2014. And it is 100% index funds. But that isn't an index fund, i...
by baw703916
Sat Feb 21, 2015 12:19 pm
 
Forum: Investing - Theory, News & General
Topic: Cap Gains & Divs killed me this year
Replies: 61
Views: 5904

Re: Cap Gains & Divs killed me this year

Isn't the problem one of owning actively managed equity funds in taxable accounts? Index funds distribute dividends, but hardly ever capital gains. You may have to pay taxes eventually, but you're always better off deferring as long as possible. Capital gains distributions cause an involuntary reali...
by baw703916
Thu Feb 19, 2015 5:51 pm
 
Forum: Investing - Theory, News & General
Topic: Cap Gains & Divs killed me this year
Replies: 61
Views: 5904

Re: Which one is better, Total International or Global ex US

I'm not sure which fund you're talking about when you say "Global ex-US" Do you mean the real estate fund? If so it's a completely different animal--like comparing Total Stock Market and REIT index. I know that everyone on this board attacks people for giving ticker symbols, but could you ...
by baw703916
Wed Feb 18, 2015 7:34 pm
 
Forum: Investing - Help with Personal Investments
Topic: Which one is better, Total International or Global ex US?
Replies: 4
Views: 605

Re: Fidelity refused to issue right Tax From,what to do?

A call to the IRS may be in order.
by baw703916
Wed Feb 18, 2015 10:45 am
 
Forum: Personal Finance (Not Investing)
Topic: Fidelity refused to issue right Tax From,what to do?
Replies: 3
Views: 401

Re: BRK A vs. B

Up until about 10 years ago, owners of A shares but not B shares could direct a portion of BRK's corporate charitable donations to the charity of their choice. But then some outside groups objected to some of the recipients and threatened boycotts of some Berkshire businesses, and so that feature wa...
by baw703916
Tue Feb 17, 2015 11:37 am
 
Forum: Investing - Help with Personal Investments
Topic: BRK A vs. B
Replies: 36
Views: 2282

Re: Compounding 101-With Kittens

no kittens are involved: Importance of saving early Very happy to hear that no kittens are harmed by saving early. ;) The point I and others were making upthread is that while exponential growth can do wonderful things over time, in many cases it's not sustainable for an indefinite period. Whether ...
by baw703916
Mon Feb 16, 2015 4:47 pm
 
Forum: Investing - Theory, News & General
Topic: Compounding 101-With Kittens
Replies: 8
Views: 1193

Re: Midcaps [Why does it seem to beat Total Stock Market?]

One issue is that there's quite a bit of money tracking both the S&P 500 and the R2000, which tends to push up the price of stocks in either index (you can see this when a stock joins the S&P its price tends to jump a couple %). So stocks which aren't in either index (which tend to be midcap...
by baw703916
Mon Feb 16, 2015 4:30 pm
 
Forum: Investing - Theory, News & General
Topic: Midcaps [Why does it seem to beat Total Stock Market?]
Replies: 17
Views: 2440

Re: COMPOUNDING 101-WITH KITTENS

How many kittens will there be after 500 years? What percentage of the Earth's mass will be made up of kittens?
by baw703916
Mon Feb 16, 2015 1:47 pm
 
Forum: Investing - Theory, News & General
Topic: Compounding 101-With Kittens
Replies: 8
Views: 1193

Re: Tax Exempt Investing

Tax-exempt dividends get counted as income when figuring out the amount of social security benefits to be taxed. Therefore, you shouldn't use tax-exempt bond funds when you are taking Social Security, unless you are in the 25% bracket. In the 15% bracket and the Social Security phase-in range, you ...
by baw703916
Mon Feb 16, 2015 12:52 pm
 
Forum: Investing - Help with Personal Investments
Topic: Tax Exempt Investing
Replies: 11
Views: 1138

Re: Pfau: Four Risks of Retirement Income

I would feel better about this if there wasn't a sales pitch aspect.

I mean, a document on immediateannuities.com which recommends immediate annuities. Who would have thought?
by baw703916
Mon Feb 16, 2015 12:41 pm
 
Forum: Investing - Theory, News & General
Topic: Pfau: Four Risks of Retirement Income
Replies: 31
Views: 4335

Re: Grexit !!

But how do you know what the markets don't?
by baw703916
Mon Feb 16, 2015 12:27 pm
 
Forum: Investing - Theory, News & General
Topic: Grexit ?
Replies: 24
Views: 1740

Re: Corruption pays (when investing internationally)

2. Some of their corruption rankings are crazy, like having Switzerland as one of the least corrupt countries in the world. http://www.economist.com/blogs/schumpeter/2013/10/swiss-banks-and-tax-evasion http://www.forbes.com/sites/robertwood/2014/10/13/100-swiss-banks-get-ultimatum-hand-over-america...
by baw703916
Sat Feb 14, 2015 9:03 pm
 
Forum: Investing - Theory, News & General
Topic: Corruption pays (when investing internationally)
Replies: 10
Views: 1282

Re: Corruption pays (when investing internationally)

Is it really a correlation with "corruption" that pays? Or is it just a fluke that happenstance would have it that "Emerging Markets" outperformed developed markets over that specific period dependent time frame? There probably is a correlation between "corruption" and...
by baw703916
Sat Feb 14, 2015 6:32 pm
 
Forum: Investing - Theory, News & General
Topic: Corruption pays (when investing internationally)
Replies: 10
Views: 1282

Re: Hacked (at outraged) at Verizon

An "investment seminar" at an upscale restaurant would be a great place for fraudsters to target high net worth individuals for identity theft.
by baw703916
Sat Feb 14, 2015 2:32 pm
 
Forum: Personal Consumer Issues
Topic: Hacked (at outraged) at Verizon
Replies: 25
Views: 2990
Next

Return to advanced search