Search found 3455 matches

Return to advanced search

Re: VWINX declining, any ideas why?

Dividends cause the share price to drop when issued and the NAV to drop when distributed. I never said they didn't so we can't disagree there. In both cases, there had to have been a compensating increase in share price and NAV along the way . Otherwise, dividends would not be part of total return,...
by bertilak
Fri Dec 19, 2014 4:23 pm
 
Forum: Investing - Help with Personal Investments
Topic: VWINX declining, any ideas why?
Replies: 42
Views: 3503

Re: What Book Are You Currently Reading? Part VI

Barchester Towers by Anthony Trollope This is the second book of the Barchester series. It was first published in 1857, two years after the first book ( The Warden ) which I posted about earlier. Like the Warden, the story takes place in the fictional English cathedral town of Barchester in the fic...
by bertilak
Fri Dec 19, 2014 12:04 pm
 
Forum: Personal Consumer Issues
Topic: What Book Are You Currently Reading? Part VI
Replies: 253
Views: 30205

Re: Smartphone Cases

I use an Otterbox: http://www.otterbox.com/ or http://www.amazon.com/gp/product/B00GB39JJS/. The extra bulk is minimal. I also use a screen protector: http://www.amazon.com/gp/product/B00BT7RAPG/ This was MUCH easier to apply than I thought it would be, although it does take some care. There are ext...
by bertilak
Fri Dec 19, 2014 8:19 am
 
Forum: Personal Consumer Issues
Topic: Smartphone Cases
Replies: 21
Views: 1418

Re: VWINX declining, any ideas why?

... The underlined parts turn out to be incorrect. Agreed. I believe the quoted text is probably correct when talking about company stock but those (mostly) well-known concepts do not apply to bonds. Wellesley is about two thirds bonds. (I say "probably" because I didn't read very careful...
by bertilak
Fri Dec 19, 2014 7:44 am
 
Forum: Investing - Help with Personal Investments
Topic: VWINX declining, any ideas why?
Replies: 42
Views: 3503

Re: Effect of 0.79 correlation: fantasy vs. reality

With regard to "it is a purely mathematical chart," maybe, but only in the sense that "if your investment doubles in ten years, its CAGR is 7.2% is "purely mathematical." There are two ways of looking at it. One is that it is a precisely correct description of past results....
by bertilak
Thu Dec 18, 2014 12:24 pm
 
Forum: Investing - Theory, News & General
Topic: Effect of 0.79 correlation: fantasy vs. reality
Replies: 47
Views: 2607

Re: Asset location strategy (tax deferred, tax free, taxable

My allocation across Roth IRA, Traditional IRA, Taxable: ⋅  Taxable : 100% equities (TSM). Rational: Lower tax consequence than bonds. ⋅  Roth IRA : 100% equities (TSM). Rational: In the long run equities should perform best and the Roth is where I want most to grow the NAV. Tax ...
by bertilak
Thu Dec 18, 2014 12:10 pm
 
Forum: Investing - Theory, News & General
Topic: Asset location strategy (tax deferred, tax free, taxable)
Replies: 9
Views: 1116

Re: Effect of 0.79 correlation: fantasy vs. reality

Nisi said: The light green line shows mixes of the S&P 500 and the riskless asset. What's the mix? Also, how did Nisi come up with the best possible mix of S&P and SC? Every point on the curved line represents a different mix of the two assets covered by the graph. The dots represent 10% in...
by bertilak
Thu Dec 18, 2014 11:48 am
 
Forum: Investing - Theory, News & General
Topic: Effect of 0.79 correlation: fantasy vs. reality
Replies: 47
Views: 2607

Re: Bogle: How Bond Indexing Could Be Better

bertilak, I've just skimmed the interview text so far, but my take is that you are reading far too much into the details. Jack Bogle begins the discussion citing higher yield as the rationale for adding corporates. And he ends the interview referring again to yields as the motivation for the change...
by bertilak
Wed Dec 17, 2014 7:40 pm
 
Forum: Investing - Theory, News & General
Topic: Bogle: How Bond Indexing Could Be Better
Replies: 14
Views: 1258

Re: Bogle: How Bond Indexing Could Be Better

Actionable advise, for if you believe what Bogle is espousing here: Supplement your TBM with a intermediate corporate bond fund that is well diversified and low expense. ... It's a philosophical question more than anything else. ... It's a philosophical question more than anything else. And as I no...
by bertilak
Wed Dec 17, 2014 6:57 pm
 
Forum: Investing - Theory, News & General
Topic: Bogle: How Bond Indexing Could Be Better
Replies: 14
Views: 1258

Bogle: How Bond Indexing Could Be Better

That's the title of a Morningstar (C. Benz) interview with Jack Bogle: http://www.morningstar.com/cover/videocenter.aspx?id=670420 (Thanks nisiprius! I neglecged to include that link. I'm copying it here for the benefit of those new to the thread.) Mr. Bogle says a number of things that I just can't...
by bertilak
Wed Dec 17, 2014 4:55 pm
 
Forum: Investing - Theory, News & General
Topic: Bogle: How Bond Indexing Could Be Better
Replies: 14
Views: 1258

Re: Dilbert: Everything you need to know

Presumably a reference to Scott Adams' marvellous The Dilbert Guide to Personal Finance. Everything you need to know about financial planning ⋅ Make a will. ⋅ Pay off your credit cards. ⋅ Get term life insurance if you have a family to support. ⋅ Fund your 40...
by bertilak
Tue Dec 16, 2014 5:44 pm
 
Forum: Investing - Theory, News & General
Topic: Dilbert: Everything you need to know
Replies: 20
Views: 2942

Re: What is a move-up car after mid-size sedan?

TomatoTomahto wrote:I actually prefer my chances with the electronic gizmo backing up, to being able to see the cars as I exit.

The rear view camera on my car has a very wide-angle view so helps a lot in this area.
by bertilak
Mon Dec 15, 2014 7:11 am
 
Forum: Personal Consumer Issues
Topic: What is a move-up car after mid-size sedan?
Replies: 63
Views: 4033

Re: Turnover Expense impact on Expense Ratio

For reasons I don't understand, all bond funds have huge turnover and I think someone explained to me why this isn't a problem, but I don't remember the explanation. I believe that it is because bond funds hold so many bonds that many of the bonds will mature on a daily basis. They will need to be ...
by bertilak
Sun Dec 14, 2014 3:44 pm
 
Forum: Investing - Theory, News & General
Topic: Turnover Expense impact on Expense Ratio
Replies: 22
Views: 743

Re: What is a move-up car after mid-size sedan?

[But after this discussion, I know what we're looking for are features, not brands (to impress peers). Leather seats would be an upgrade for me :D So show me what other features out there. Based on what I have in my new car... Favorite features: ⋅ Automatic climate control. Just set the t...
by bertilak
Sun Dec 14, 2014 3:08 pm
 
Forum: Personal Consumer Issues
Topic: What is a move-up car after mid-size sedan?
Replies: 63
Views: 4033

Re: What is a move-up car after mid-size sedan?

I just did something similar for myself. As mentioned above, I didn't go for an out-and-out luxury car but got the highest trim level of a decent model. The VW Passat, while considered a mid-size car is a step up in interior space and comfort from the average mid size. I got the top trim level of th...
by bertilak
Sun Dec 14, 2014 9:25 am
 
Forum: Personal Consumer Issues
Topic: What is a move-up car after mid-size sedan?
Replies: 63
Views: 4033

Re: How to make life simpler?

Is there some tool that would allow me to pick a date (for example, 2000, the year I established the portfolio) enter the names of all these funds with a nominal valuation for each in their proper proportions for a portfolio total of say $100,000, then enter the names of Taylor Larimore's three Van...
by bertilak
Sat Dec 13, 2014 8:15 pm
 
Forum: Investing - Help with Personal Investments
Topic: How to make life simpler?
Replies: 8
Views: 2503

Re: Pension and asset allocation

Hi, I'm 10 to 15 years from retirement and have a"portable pension" plan from my employer. The pension funds are fully vested so I can roll them into an IRA in the event I leave the company. The value of the pension is tied to corporate bonds and my employer no longer makes any contributi...
by bertilak
Sat Dec 13, 2014 3:47 pm
 
Forum: Investing - Help with Personal Investments
Topic: Pension and asset allocation
Replies: 16
Views: 2335

Re: Deductions!

tomd37 wrote:Bertilak,
That's 560 miles @ $0.235 which equates to $131.60 for mileage deduction.

oops! :oops:

No wonder it came out eter than I thought it would!
by bertilak
Sat Dec 13, 2014 3:25 pm
 
Forum: Personal Finance (Not Investing)
Topic: Deductions!
Replies: 31
Views: 2571

Re: Deductions!

I didn't read al the above but this may be a repeat. If you go to a doctor you can claim car mileage. Each mile is 23.5 cents. For example if you live 35 miles out of town then every doctor visit is 70 miles. If you and your spouse each go 4 times a year thats $560. This is close to my situation. Of...
by bertilak
Sat Dec 13, 2014 10:56 am
 
Forum: Personal Finance (Not Investing)
Topic: Deductions!
Replies: 31
Views: 2571

Re: Car accident lawsuits: do plantiffs know insurance limit

My brother, on a bicycle, was hit by a car in California. In the case of an accident you are required to give insurance info. In this case my brother was taken to the hospital unconscious and the other guy left the scene. CA Highway Patrol tracked him down in a matter of minutes. It took longer to f...
by bertilak
Fri Dec 12, 2014 8:52 pm
 
Forum: Personal Finance (Not Investing)
Topic: Car accident lawsuits: do plantiffs know insurance limits?
Replies: 7
Views: 1053

Re: You folks think the big one is coming?

jmndu99 wrote:Hey Big One! Please come, I have many years to retirement and would like to purchase shares at a discount price.

Hey Big One! Please leave me alone!
-- retired guy with no new income to invest.
by bertilak
Fri Dec 12, 2014 8:40 pm
 
Forum: Investing - Theory, News & General
Topic: You folks think [a market crash] is coming?
Replies: 64
Views: 5672

Re: 'Ignore John Bogle and dump your S&P 500 index fund" Art

It's just routine bashing of cap-weighted indexes--and it's my opinion that people do this because Vanguard has the cap-weighted index market sewed up. You can't get around the fact that the "market portfolio," the set of all stocks in the stock market, is cap-weighted. That gives cap-wei...
by bertilak
Fri Dec 12, 2014 7:35 am
 
Forum: Investing - Theory, News & General
Topic: 'Ignore John Bogle and dump your S&P 500 index fund" Article
Replies: 16
Views: 3242

Re: What Book Are You Currently Reading? Part VI

Just finished Mission to Tashkent by Colonel F. M. Bailey. This is the first hand account of the experiences of a British "secret agent" in Central Asia during WW I. It was mostly written in 1924, shortly after the events described and first published in 1946 after its contents were approv...
by bertilak
Thu Dec 11, 2014 9:29 am
 
Forum: Personal Consumer Issues
Topic: What Book Are You Currently Reading? Part VI
Replies: 253
Views: 30205

Re: What Book Are You Currently Reading? Part VI

If I kept all the books I read, I'd have to live in a place other than the loft I am living in. When we came up with plans for our house (8 years ago) one of my criteria was a room big enough to be a library. Lots of bookcases. The room also serves as our media (TV) room. I was not able to get all ...
by bertilak
Wed Dec 10, 2014 7:37 pm
 
Forum: Personal Consumer Issues
Topic: What Book Are You Currently Reading? Part VI
Replies: 253
Views: 30205

Re: What Book Are You Currently Reading? Part VI

IWhen books matter, I buy them, read them slowly, make notes in the margins. When I get a book from the library, it's usually superficial reading, a guilty pleasure. I also make this distinction, although I always buy the all books I read. I just buy them in cheap paperback editions then sell them ...
by bertilak
Wed Dec 10, 2014 12:10 pm
 
Forum: Personal Consumer Issues
Topic: What Book Are You Currently Reading? Part VI
Replies: 253
Views: 30205

Re: How to hedge expected inflation?

What I think, and what I think most of the above comments imply, is that expected inflation is already priced into almost all investable securities. No one buys uncompensated risk. At least no one who is well-informed does so intentionally. It is only [i] un expected[/u] inflation that you need addi...
by bertilak
Tue Dec 09, 2014 9:55 am
 
Forum: Investing - Help with Personal Investments
Topic: How to hedge expected inflation?
Replies: 25
Views: 1754

Re: Start saving for House downpayment using Wellesley?

Wellesley is very much likely to earn more than cash equivalents. So the question becomes, what's the risk? The risk is that it doesn't. I don't mean yes/no there is/isn't risk, but degree of risk. Is it acceptable or not? We are pretty sure cash will lose real (if not nominal) value. (unacceptable...
by bertilak
Mon Dec 08, 2014 7:17 pm
 
Forum: Investing - Help with Personal Investments
Topic: Start saving for House downpayment using Wellesley?
Replies: 35
Views: 3083

Re: projected income metric for portfolios

Beliavsky wrote:OK, but this is so heavily dependent on future interest rates, which are unknown ...

The annuity companies seem to be able to deal with this. I think they buy bonds with the appropriate expiration dates.
by bertilak
Mon Dec 08, 2014 7:11 pm
 
Forum: Investing - Theory, News & General
Topic: projected income metric for portfolios [WSJ article]
Replies: 11
Views: 940

Re: projected income metric for portfolios

Levett wrote:A version of "projected income" has been used by TIAA-CREF for umpteen years (that's a long time :wink: ).

Ed McMahon to Johnny: "I did not know that!"
by bertilak
Mon Dec 08, 2014 4:31 pm
 
Forum: Investing - Theory, News & General
Topic: projected income metric for portfolios [WSJ article]
Replies: 11
Views: 940

Re: Start saving for House downpayment using Wellesley?

If Wellesley takes a 20% hit, its highly likely that the housing market may be down during that same time period. You're aware of the risk and have a contingency plan - go for it. The risk isn't that Wellesley goes down, the risk is that Wellesley goes up less than house prices. Actually, the point...
by bertilak
Mon Dec 08, 2014 4:25 pm
 
Forum: Investing - Help with Personal Investments
Topic: Start saving for House downpayment using Wellesley?
Replies: 35
Views: 3083

projected income metric for portfolios [WSJ article]

See The New Way to Measure Your 401(k) in the Wall Street Journal. The article talks about measuring your portfolio by its potential for generating an income stream, not only by its NAV. Despite the article's title, it applies to ANY portfolio, and is not specific to a 401(k). In summary: A lump-sum...
by bertilak
Mon Dec 08, 2014 3:49 pm
 
Forum: Investing - Theory, News & General
Topic: projected income metric for portfolios [WSJ article]
Replies: 11
Views: 940

Re: Start saving for House downpayment using Wellesley?

livesoft wrote:Yep, REITs are only a good idea if they are going up. Good luck with that. :)

As WIll Rogers almost said:

    Don't Gamble. Buy some good REIT. Hold it till it goes up and then sell it. If it doesn't go up, don't buy it!
by bertilak
Mon Dec 08, 2014 9:08 am
 
Forum: Investing - Help with Personal Investments
Topic: Start saving for House downpayment using Wellesley?
Replies: 35
Views: 3083

Re: Start saving for House downpayment using Wellesley?

Wellesley has not fallen below 10% since 1970: https://finance.yahoo.com/q/pm?s=VWINX+Performance . Its been in minus territory only six times! I think its a good alternative as long as the OP understands that the seventh drop could be the time he has a potential home in escrow! But I have seen and...
by bertilak
Sun Dec 07, 2014 4:44 pm
 
Forum: Investing - Help with Personal Investments
Topic: Start saving for House downpayment using Wellesley?
Replies: 35
Views: 3083

Re: Change Username

A few years back I was a member of a forum and simply used my real name. I had the same thoughts as the OP and got my username changed. OK, but that's not the fun part. The forum software automatically assigned humorous nicknames that depended on the number of posts you had. If you became known for ...
by bertilak
Thu Dec 04, 2014 7:23 pm
 
Forum: Forum Issues and Administration
Topic: Change Username
Replies: 16
Views: 3812

Re: Short-term investment/cash alternative

... I do want to keep more than the usual prudent reserve in a relatively low-risk investment, because my employment situation is very uncertain over the next 5-10 years. I may even have to retire early so I don't want to be caught having to use the money in a down market. After researching bond fu...
by bertilak
Thu Dec 04, 2014 6:43 pm
 
Forum: Investing - Help with Personal Investments
Topic: Short-term investment/cash alternative
Replies: 2
Views: 397

Re: POLL: Should investors have a separate emergency fund?

About buckets... It is true that no matter how you mentally partition your money (different bucket for different goals, different time frames, emergencies) when you add it all up you have a single, overall, AA. But that is not, I don't think, the point of buckets. Buckets are a bottoms up planning t...
by bertilak
Thu Dec 04, 2014 1:49 pm
 
Forum: Investing - Theory, News & General
Topic: POLL: Should investors have a separate emergency fund?
Replies: 58
Views: 3467

Re: Stanley Kubrick's 2001 a space odyssey

Alex Frakt wrote:Image
(And no, I don't know this first hand, I was born in 1968.)

Weren't we all!

And I thought it was first hand!
by bertilak
Wed Dec 03, 2014 5:01 pm
 
Forum: Personal Consumer Issues
Topic: Stanley Kubrick's 2001 a space odyssey
Replies: 64
Views: 3961

Re: Conservative portfolio results?

I called Vanguard, then emailed them some old statements for their review. One question I had was to timing, do I do it now and avoid the first quarter fee but miss out on any dividends that Vanguard said I might get in January..,.. I think I will do it soon. The Fin adv is a nice guy, not looking ...
by bertilak
Wed Dec 03, 2014 2:35 pm
 
Forum: Investing - Help with Personal Investments
Topic: Conservative portfolio results?
Replies: 41
Views: 3599

Re: Stanley Kubrick's 2001 a space odyssey

Correction: it seems that it was released in a process under the name Cinerama, not Todd-AO. But it wasn't the genuine three-strip CInerama. Perhaps I saw it at something named the Todd-AO theatre in New York????? I saw it in a theater when it first came out. The theater was properly equipped for w...
by bertilak
Wed Dec 03, 2014 11:39 am
 
Forum: Personal Consumer Issues
Topic: Stanley Kubrick's 2001 a space odyssey
Replies: 64
Views: 3961

Re: Stanley Kubrick's 2001 a space odyssey

Arthur C. Clarke wrote a novelization of it, as well as of the sequels, so you can check what he thought it meant. I've forgotten. I think it was the novelization that clued me in that the dimensions of the slab are (supposed to be) precisely in the ratios 1:4:16. My belief is that there isn't an a...
by bertilak
Wed Dec 03, 2014 10:59 am
 
Forum: Personal Consumer Issues
Topic: Stanley Kubrick's 2001 a space odyssey
Replies: 64
Views: 3961

Re: Emergency Funds

The way I look at it is that your tax-advantaged space is valuable in and of itself. An emergency fund is something that is outside that space. In other words, "buckets" do matter if they are in different types of accounts. If there is an emergency, or if the market takes a hit, it is nice...
by bertilak
Wed Dec 03, 2014 10:18 am
 
Forum: Investing - Help with Personal Investments
Topic: Emergency Funds
Replies: 33
Views: 3377

Re: Conservative portfolio results?

dansmail26 wrote:I am paying 1%, but I am invested in a lot of fund through them. Each of those funds has expenses, so in essence I am probably paying somewhere between 1 and 2%, correct?

Yes.
by bertilak
Tue Dec 02, 2014 9:50 pm
 
Forum: Investing - Help with Personal Investments
Topic: Conservative portfolio results?
Replies: 41
Views: 3599

Re: Conservative portfolio results?

lack_ey wrote:The adviser managed to not outperform a bone-stock simple conservative allocation even before the fees.

Good point1 No only did Dan (I assume) overpay for the service, he got lousy service.
by bertilak
Tue Dec 02, 2014 2:22 pm
 
Forum: Investing - Help with Personal Investments
Topic: Conservative portfolio results?
Replies: 41
Views: 3599

Re: Conservative portfolio results?

The 4.8% does include fee's. As far as risk we have mapped out a plan that with an average return of around 5% (and our pensions and SS) I 'should' be OK for the rest of my life. I have been questioning the fee's vs my return, just I do like having someone manage this. Maybe I should reconsider. Yo...
by bertilak
Tue Dec 02, 2014 2:12 pm
 
Forum: Investing - Help with Personal Investments
Topic: Conservative portfolio results?
Replies: 41
Views: 3599

Re: New to investing and in need of advice

placeholder wrote:Employee deferrals or Roth contributions can't be rolled from an active plan unless the person is age 59 1/2 which does not apply here.

I thought that was the case but Google didn't turn up anything that mentioned that so I figured I might have been misremembering.
by bertilak
Sun Nov 30, 2014 6:22 pm
 
Forum: Investing - Help with Personal Investments
Topic: New to investing and in need of advice
Replies: 10
Views: 951

Re: Odd Issue with a Best Buy Return

For a couple of years my local Fry's had a huge banner on the front of their huge store:

    Your Best Buys are Always at Fry's!
Well that wasn't really true but it was a nice aggressive campaign. I think it is gone now.
by bertilak
Sun Nov 30, 2014 6:20 pm
 
Forum: Personal Consumer Issues
Topic: Odd Issue with a Best Buy Return
Replies: 59
Views: 5181

Re: Odd Issue with a Best Buy Return

Best Buy ticked me off a while back. About a year ago I broke the screen on my laptop (my fault) and took it to Best Buy, where I bought it, for repair. It was out of warranty so I wasn't expecting anything for free, just access to a competent repair shop. After about 45 minutes in line at the under...
by bertilak
Sun Nov 30, 2014 12:56 pm
 
Forum: Personal Consumer Issues
Topic: Odd Issue with a Best Buy Return
Replies: 59
Views: 5181

Re: New to investing and in need of advice

Partner 1 has terrible choices with high expense ratios. (Perhaps some of the choices you don't have data on are not so bad -- but I doubt it. Maybe that short-term fixed income.) If Partner 1's employer allows it (some do, some don't) I would roll it all over to a new Vanguard IRA account and put t...
by bertilak
Sun Nov 30, 2014 11:59 am
 
Forum: Investing - Help with Personal Investments
Topic: New to investing and in need of advice
Replies: 10
Views: 951
Next

Return to advanced search