Search found 113 matches

by fulltilt
Mon Jul 27, 2015 2:00 pm
Forum: Investing - Theory, News & General
Topic: Book Recommendation for New Investor
Replies: 10
Views: 603

Re: Book Recommendation for New Investor

The Coffeehouse Investor.

Nice easy read for people who want to invest and get on with their lives.
by fulltilt
Thu Jul 16, 2015 8:34 am
Forum: Investing - Theory, News & General
Topic: Confused about target date funds
Replies: 8
Views: 871

Re: Confused about target date funds

I would not use a money market in a Roth. Put what you expect to have the greatest return in the Roth, since you won't have to pay taxes on any gains. There is one poster here who does not want to lose money in his Roth, but I don't think even he puts his Roth into a money market or CD's. A common ...
by fulltilt
Thu Jul 16, 2015 5:48 am
Forum: Investing - Theory, News & General
Topic: Confused about target date funds
Replies: 8
Views: 871

Re: Confused about target date funds

Check out: http://www.bogleheads.org/wiki/Principl ... _placement to start.



After that, if you post a follow up in the Personal Investments forum, there are a lot of really helpful people who can help you with the details.
by fulltilt
Wed Jul 15, 2015 8:30 pm
Forum: Investing - Theory, News & General
Topic: Productivity and Pay
Replies: 9
Views: 711

Re: Productivity and Pay

market timer wrote:
Martin wrote:Seems perfectly logical. The right half saw increases in productivity needed to offset a mismatch in global wage rates.

The increasing participation of women in the US labor force also slowed overall wage growth.


I don't understand. How does that work?
by fulltilt
Wed Jul 15, 2015 8:06 pm
Forum: Investing - Theory, News & General
Topic: Productivity and Pay
Replies: 9
Views: 711

Re: Productivity and Pay

bottlecap wrote:OP, I suggest Googling before posting. As with many statistics, this is intended to mislead. I know, because I was curious (and skeptical) myself.

JT


Counter evidence links?
by fulltilt
Wed Jul 15, 2015 7:53 pm
Forum: Investing - Theory, News & General
Topic: Productivity and Pay
Replies: 9
Views: 711

Re: Productivity and Pay

I saw this chart in the paper today, and realized that the right half was the history of my working life. Too bad everyone couldn't work in the left half with my parents. http://i62.tinypic.com/qouic8.png Source: Wage Stagnation in Nine Charts , Economic Policy Institute I call First Post! I think ...
by fulltilt
Wed Jul 15, 2015 6:53 am
Forum: Investing - Theory, News & General
Topic: Whatever happened to the advocates of CDs vs Bonds?
Replies: 58
Views: 5619

Re: Whatever happened to the advocates of CDs vs Bonds?

Actually, I read your blog post recently and that was the seed that got me thinking about the topic. I did a quick A * B * C sequence of returns calculation for bond bond funds and CDs and they turned out to be *about* the same. I think CDs did actually eek out an advantage although it was pretty s...
by fulltilt
Tue Jul 14, 2015 9:11 pm
Forum: Investing - Theory, News & General
Topic: Whatever happened to the advocates of CDs vs Bonds?
Replies: 58
Views: 5619

Re: Whatever happened to the advocates of CDs vs Bonds?

Just to be clear: heard the tone of the title and the original post as suggesting skepticism about CDs. I personally opted to stay the course in Total Bond, and my point was that to date the total return from the date of Kevin M's excellent 2012 thread has been about the same--that is, CDs have bee...
by fulltilt
Tue Jul 14, 2015 8:58 pm
Forum: Investing - Theory, News & General
Topic: Whatever happened to the advocates of CDs vs Bonds?
Replies: 58
Views: 5619

Re: Whatever happened to the advocates of CDs vs Bonds?

When "everyone" knew interest rates were going to rise, there was a lot of talk about CDs being better than bonds/bond funds. Some people moved to CDs and some totally lazy people like me thought about it, but did not. How do you feel your decision went? Anyone thinking of moving into CDs...
by fulltilt
Mon Jul 13, 2015 7:20 pm
Forum: Investing - Theory, News & General
Topic: Whatever happened to the advocates of CDs vs Bonds?
Replies: 58
Views: 5619

Whatever happened to the advocates of CDs vs Bonds?

When "everyone" knew interest rates were going to rise, there was a lot of talk about CDs being better than bonds/bond funds. Some people moved to CDs and some totally lazy people like me thought about it, but did not. How do you feel your decision went? Anyone thinking of moving into CDs ...
by fulltilt
Tue Jul 07, 2015 1:23 pm
Forum: Personal Finance (Not Investing)
Topic: How to lease land to a business and not get sued?
Replies: 10
Views: 724

Re: How to lease land to a business and not get sued?

Jack FFR1846 wrote:Would the resort owner condider buying a portion of the land? That gets rid of any liability.


Possibly.

They are interested in a part of the land that isn't on the water. It is set back further from the lake so it doesn't have much value.
by fulltilt
Tue Jul 07, 2015 10:37 am
Forum: Personal Finance (Not Investing)
Topic: How to lease land to a business and not get sued?
Replies: 10
Views: 724

Re: How to lease land to a business and not get sued?

Many commercial leases include a clause that requires the tenant to purchase and maintain a liability insurance policy for one or two million dollars, with both the tenant and landlord listed as covered parties. You will want a triple-net lease where the tenant pays not only for this insurance, but...
by fulltilt
Tue Jul 07, 2015 9:03 am
Forum: Personal Finance (Not Investing)
Topic: How to lease land to a business and not get sued?
Replies: 10
Views: 724

How to lease land to a business and not get sued?

I have a piece of residential lake property adjacent to a resort in Minnesota. The owner of the resort has approached me about leasing part of my property to allow his customers a place to park their cars while using the resort. At this point, i don't have plans to use that part of the property. I a...
by fulltilt
Sun Apr 19, 2015 12:36 pm
Forum: Personal Finance (Not Investing)
Topic: Real Estate Showing Agreement: Who Represents ME?
Replies: 11
Views: 814

Re: Real Estate Showing Agreement: Who Represents ME?

The scope of the agreement is limited. The Broker is not representing either the Seller or the Buyer according to the contract. The individuals will be named specifically in the contract. E.G. Seller gives Broker permission to show and sell the Property to ________. Yes, we are interested in selling...
by fulltilt
Sun Apr 19, 2015 11:54 am
Forum: Personal Finance (Not Investing)
Topic: Real Estate Showing Agreement: Who Represents ME?
Replies: 11
Views: 814

Re: Real Estate Showing Agreement: Who Represents ME?

You aren't missing anything. You are paying them to show up to show the residence and advertise it, be it internet or other advertising. I would never buy or sell without a buyer's or seller's agent agreement wherein they work for you. Keep in mind your present agent does not work for you and is no...
by fulltilt
Sun Apr 19, 2015 11:18 am
Forum: Personal Finance (Not Investing)
Topic: Real Estate Showing Agreement: Who Represents ME?
Replies: 11
Views: 814

Re: Real Estate Showing Agreement: Who Represents ME?

Looks like it. Someone is buying your home and it's not listed? 5.5% seems VERY high for that level of representation; unless you're in a really slow market 3%-4% would be more normal. Correct. a buyer was looking at a house near ours and the deal fell through. The market right now is ON FIRE in ou...
by fulltilt
Sun Apr 19, 2015 11:09 am
Forum: Personal Finance (Not Investing)
Topic: Real Estate Showing Agreement: Who Represents ME?
Replies: 11
Views: 814

Real Estate Showing Agreement: Who Represents ME?

I have a showing agreement where I am listed as the Seller and "New Co" is listed as the Broker. The contract states: "Showing Broker or Licensee is *not representing Seller*" Later, it states that "Seller will pay Broker a total compensation of 5.5% of the selling price&quo...
by fulltilt
Thu Apr 16, 2015 4:32 pm
Forum: Investing - Theory, News & General
Topic: [retired guy said] terrible crash is coming
Replies: 71
Views: 9247

Re: [retired guy said] terrible crash is coming

Dr. Ron Paul , politician for many years, and was a possible presidential candidate says a crash is coming similar to 2008 or worse. Anybody know anything about this ?? Luckily, he has a book/newsletter/CD/DVD or something that will help protect YOU and YOUR FAMILY. If you don't buy this product, t...
by fulltilt
Wed Mar 25, 2015 8:18 pm
Forum: Investing - Help with Personal Investments
Topic: When does a 529 plan make sense to me?
Replies: 194
Views: 10666

Re: Why 529 plan makes any sense??

Folks, I see many people posting thread asking how to fund 529 plan. But, in my opinion, for most people, 529 plan does not make any sense for them at all. If a person had maxed out their 401K, Roth IRA, and HSA, then, maybe 529 plan may be useful to them. But, even in those situation, it only make...
by fulltilt
Thu Jan 29, 2015 2:53 pm
Forum: Investing - Theory, News & General
Topic: High Expense Funds vs Vanguard: No Difference?
Replies: 37
Views: 2953

Re: High Expense Funds vs Vanguard: No Difference?

...However, it appears that in the short run (a handful of years), when i do a regression analysis of the mutual funds ---> in my 401k <--- which have higher expense ratios (more than 1%) to their vanguard counterpart, neither of them appear to have significant alpha (plus or minus)... How did thos...
by fulltilt
Thu Jan 29, 2015 2:47 pm
Forum: Investing - Theory, News & General
Topic: High Expense Funds vs Vanguard: No Difference?
Replies: 37
Views: 2953

Re: High Expense Funds vs Vanguard: No Difference?

Right. In this instance they have been small, and they may not be in the future, but my point is that it is an oversimplification to say that passive will beat active by X% each year so over a lifetime, you lose $Y. Yes, implicitly somewhere in there is "expected" or "projected"...
by fulltilt
Thu Jan 29, 2015 2:09 pm
Forum: Investing - Theory, News & General
Topic: High Expense Funds vs Vanguard: No Difference?
Replies: 37
Views: 2953

Re: High Expense Funds vs Vanguard: No Difference?

I don't see the expected 0.67% difference that meowcat is suggesting should be there. I am not saying that the actively managed fund is better, and i am not even really saying that it is *the same*, i am saying that the differences are *small*. Actually what you are saying is that they have been sm...
by fulltilt
Thu Jan 29, 2015 1:38 pm
Forum: Investing - Theory, News & General
Topic: High Expense Funds vs Vanguard: No Difference?
Replies: 37
Views: 2953

Re: High Expense Funds vs Vanguard: No Difference?

Consider that even to achieve the same return as a lower cost fund, the active manager will have to take more risk to make up for the fee. I don't see that as desirable because I am gaining nothing from this extra risk. Agreed, but i am not sure the extent to which this harms you. $25,000 invested ...
by fulltilt
Thu Jan 29, 2015 12:02 pm
Forum: Investing - Theory, News & General
Topic: High Expense Funds vs Vanguard: No Difference?
Replies: 37
Views: 2953

Re: High Expense Funds vs Vanguard: No Difference?

From a Bayesian perspective, there is a lot of a priori information about higher expense ratios producing worse returns, active management producing worse returns, and so on. Being oblivious to all that is a big weakness of more traditional regression analysis. Also, are you interested in whether t...
by fulltilt
Thu Jan 29, 2015 11:45 am
Forum: Investing - Theory, News & General
Topic: High Expense Funds vs Vanguard: No Difference?
Replies: 37
Views: 2953

Re: High Expense Funds vs Vanguard: No Difference?

saltycaper wrote:Consider that even to achieve the same return as a lower cost fund, the active manager will have to take more risk to make up for the fee. I don't see that as desirable because I am gaining nothing from this extra risk.


Agreed, but i am not sure the extent to which this harms you.
by fulltilt
Thu Jan 29, 2015 10:49 am
Forum: Investing - Theory, News & General
Topic: High Expense Funds vs Vanguard: No Difference?
Replies: 37
Views: 2953

Re: High Expense Funds vs Vanguard: No Difference?

We cannot invest in the past, only the future. I, too, may be missing the OP's point, but high ERs increase the chance/probability of underperforming the benchmark. Low ER actively managed funds have much greater chances of beating their benchmarks, assuming they're not closet index funds. Certainl...
by fulltilt
Thu Jan 29, 2015 10:33 am
Forum: Investing - Theory, News & General
Topic: High Expense Funds vs Vanguard: No Difference?
Replies: 37
Views: 2953

Re: High Expense Funds vs Vanguard: No Difference?

Now stretch your six years out to 60 years. (a lifetime of investing) Now compare the costs to Vanguard over the same time period. The difference could possibly be millions. That *was* your money, now it's theirs. I don't think it works that way (I could be way off). My goal is to maximize the numb...
by fulltilt
Wed Jan 28, 2015 4:09 pm
Forum: Investing - Theory, News & General
Topic: High Expense Funds vs Vanguard: No Difference?
Replies: 37
Views: 2953

Re: High Expense Funds vs Vanguard: No Difference?

Let me take this a slightly different direction. In Bill Bernstein's book, he has this analogy of the stock market being like a game where you flip a coin. If you call it correctly, then you get 30% return on your investment. If you do not call it correctly, then you lose 10%. If that represents pas...
by fulltilt
Wed Jan 28, 2015 3:38 pm
Forum: Investing - Theory, News & General
Topic: High Expense Funds vs Vanguard: No Difference?
Replies: 37
Views: 2953

Re: High Expense Funds vs Vanguard: No Difference?

The second is a small cap value fund. Since 12/31/2010 it has returned 63.18% vs. the vanguard small cap ETF (VB) which returned 69.1% ... about a 1% difference per year ... Hmm. Looks like that is mostly due to chance. Looks like most of the difference is due to returns in 2014. If you stretch bac...
by fulltilt
Wed Jan 28, 2015 3:19 pm
Forum: Investing - Theory, News & General
Topic: High Expense Funds vs Vanguard: No Difference?
Replies: 37
Views: 2953

Re: High Expense Funds vs Vanguard: No Difference?

C8H18Engineer wrote:Seems a bit apples to oranges - the first example compares a mid-cap to large-cap blend. So in the period, mid caps were able to perform well enough to cover the 1% higher ER.


Fair enough, but the second?
by fulltilt
Wed Jan 28, 2015 3:05 pm
Forum: Investing - Theory, News & General
Topic: High Expense Funds vs Vanguard: No Difference?
Replies: 37
Views: 2953

High Expense Funds vs Vanguard: No Difference?

I know there is a *general* consensus that active management doesn't increase return and that passive index funds are the way to go. However, it appears that in the short run (a handful of years), when i do a regression analysis of the mutual funds in my 401k which have higher expense ratios (more t...
by fulltilt
Thu Mar 20, 2014 10:08 pm
Forum: Personal Finance (Not Investing)
Topic: Cars: Lease vs. buy. (Similar to houses? rent vs. buy?)
Replies: 47
Views: 4378

Re: Cars: Lease vs. buy. (Similar to houses? rent vs. buy?)

edmunds has a pretty good explanation of calculating your lease payment which you might find helpful to get a ballpark number.
http://www.edmunds.com/car-leasing/calc ... yment.html
by fulltilt
Fri Mar 07, 2014 12:44 pm
Forum: Personal Consumer Issues
Topic: The dealership wants my 2 year old car back?
Replies: 46
Views: 12380

Re: The dealership wants my 2 year old car back?

I get letters all the time telling me that the dealer can put me into a brand new Honda CRV for the same monthly payment as we are paying now....
by fulltilt
Wed Feb 19, 2014 2:45 pm
Forum: Personal Consumer Issues
Topic: How did people work out in the past?
Replies: 36
Views: 2835

Re: How did people work out in the past?

I don't know the answer so that is why i am asking the question, but it seems like people today sign up for gym memberships to force themselves to workout doing things they hate for the sake of "exercise". Some people actually like working out in a gym. They did these things because they ...
by fulltilt
Wed Feb 19, 2014 10:32 am
Forum: Personal Consumer Issues
Topic: How did people work out in the past?
Replies: 36
Views: 2835

Re: How did people work out in the past?

... Many people didn't need to "work out" as much in the past, or didn't even perceive it to be an issue, at least not as we currently understand the term. There were things called farms and factories, where people did physical labor. And there were things called walkable cities, and real...
by fulltilt
Wed Feb 19, 2014 9:18 am
Forum: Personal Consumer Issues
Topic: How did people work out in the past?
Replies: 36
Views: 2835

How did people work out in the past?

There is certainly no shortage of options for working out now days. There are 24 hour gyms, running clubs, yoga, pilates, etc. These all seem to be really new creations. What i want to know is what did people do to work out in the 1950s, 1960s, 1970s, ... before all of this options became available....
by fulltilt
Fri Jan 10, 2014 12:02 pm
Forum: Investing - Help with Personal Investments
Topic: Given High PE10, How about this AA?
Replies: 13
Views: 740

Re: Given High PE10, How about this AA?

steve_14 wrote:
fulltilt wrote:Given the current market conditions...


What about current bond market conditions? Shouldn't we be overweighting stocks now, given the high ratio of bond price to interest?


I think that depends on what you think the role of fixed income is in your portfolio.
by fulltilt
Fri Jan 10, 2014 10:46 am
Forum: Investing - Help with Personal Investments
Topic: Given High PE10, How about this AA?
Replies: 13
Views: 740

Re: Given High PE10, How about this AA?

50/50 Domestic/International is what I use, and it is perfectly reasonable. Technically speaking, it's a tilt toward US equities from a world capitalization standpoint. Most on this board will not disagree strongly with any international allocation between 20-60%. Basically, you have a strong tilt ...
by fulltilt
Fri Jan 10, 2014 10:10 am
Forum: Investing - Help with Personal Investments
Topic: Given High PE10, How about this AA?
Replies: 13
Views: 740

Given High PE10, How about this AA?

Given the current market conditions, what do you guys think about this asset allocation for someone who is going to accumulate for the next 20 years and try to retire in 2035-2040? 50% Total Stock Market Index (Or 25% S&P, 25% small; OR slice and dice as you see fit) 25% Total Developed Internat...
by fulltilt
Sat Dec 14, 2013 12:01 pm
Forum: Personal Finance (Not Investing)
Topic: Checklist for the Arrival of a Baby
Replies: 22
Views: 1956

Checklist for the Arrival of a Baby

My wife just gave birth to our first child, a daughter, and i sure there are tons of things that i have to do from a financial perspective. Does anyone have any links or ideas for a good checklist of things that i need to do? Any caveats i should be aware of in terms of insurance or anything?
by fulltilt
Tue Dec 03, 2013 1:15 pm
Forum: Personal Consumer Issues
Topic: Tactical Flashlight for long walks at night vs. pepper spray
Replies: 85
Views: 5757

Re: Tactical Flashlight for long walks at night vs. pepper s

Don't take anything with you that you don't want used against yourself as a weapon. That pretty much rules out a tactical flashlight, knife, gun and pepper spray.

I would take a fully charged cell phone and bright clothing on your walks.

Learn what constitutes *real* self defense.
by fulltilt
Wed Nov 27, 2013 10:43 am
Forum: Investing - Theory, News & General
Topic: My Target Date Fund Overweights Large Growth?
Replies: 5
Views: 399

Re: My Target Date Fund Overweights Large Growth?

This is a great point about Target Date Funds. These funds are defaults for most retirement plans and many individuals blindly believe picking a fund based upon their retirement date means it fits their risk portfolio. I really dislike them because once you get over 4 or 5 funds, it is very difficu...
by fulltilt
Wed Nov 27, 2013 10:00 am
Forum: Investing - Theory, News & General
Topic: My Target Date Fund Overweights Large Growth?
Replies: 5
Views: 399

My Target Date Fund Overweights Large Growth?

Here is the breakdown of my target date 2035 fund available through my 401k at work. Can someone tell me why they might choose this allocation in terms of MPT and/or FF? Let's assume that they are acting in good faith and not loading up on funds to enrich themselves... American Funds Growth Fund R6....
by fulltilt
Thu Aug 22, 2013 2:55 pm
Forum: Personal Consumer Issues
Topic: Boglehead Beer
Replies: 526
Views: 83982

Re: Boglehead Beer

Bumping this old thread, but hey, it's about beer. Just about to start building a kegerator for my homebrew(s). Anybody else ever do anything like this? Several good guides on the web on how to do it, what mini-fridge to use, etc. And then, I start building my basement bar (hello mid-life crisis, b...
by fulltilt
Sun Jul 28, 2013 12:40 pm
Forum: Investing - Help with Personal Investments
Topic: Strategy and tactics for auto-pilot investing
Replies: 15
Views: 1810

Re: Strategy and tactics for auto-pilot investing

From this back-of-the-envelope calculation it seems like it's more important to consider the average gain rather than whether the taxes are deferred. But I do know that the conventional wisdom is to put bonds in tax-sheltered accounts, so I must be missing something, what is it? livesoft is razzing...
by fulltilt
Fri Jul 26, 2013 11:37 am
Forum: Investing - Help with Personal Investments
Topic: Strategy and tactics for auto-pilot investing
Replies: 15
Views: 1810

Re: Strategy and tactics for auto-pilot investing

From this back-of-the-envelope calculation it seems like it's more important to consider the average gain rather than whether the taxes are deferred. But I do know that the conventional wisdom is to put bonds in tax-sheltered accounts, so I must be missing something, what is it? livesoft is razzing...
by fulltilt
Fri Jul 19, 2013 10:04 am
Forum: Investing - Help with Personal Investments
Topic: Late 30s: 2 Years In
Replies: 42
Views: 4454

Re: Late 30s: 2 Years In

I think this is the part where someone jumps in and says that money is fungible.

If I have the money to pay off the loans, then whether or not i actually pay them off doesn't matter. My cash flow is not affected.

Money is fungible. :twisted:
by fulltilt
Thu Jul 18, 2013 1:47 pm
Forum: Investing - Help with Personal Investments
Topic: Late 30s: 2 Years In
Replies: 42
Views: 4454

Re: Don't take the cash.

I am thinking of just taking a lump sum when i leave and immediately buying bonds. Fulltilt: Taking the lump sum from a pension plan is nearly always a serious mistake because the lump sum is all taxable (at income tax rates) leaving that much less to reinvest. Rolling-ove r (tax-free) into an IRA ...
by fulltilt
Thu Jul 18, 2013 12:50 pm
Forum: Investing - Help with Personal Investments
Topic: Late 30s: 2 Years In
Replies: 42
Views: 4454

Re: Late 30s: 2 Years In

For the purposes of maintaining domestic tranquility, I think we are going to keep our savings account at roughly 15-20% of our gross pay for now which is the most we can afford the the moment. As far as maxing out all of our accounts, that would be a dream. It will never happen though. we have 401...

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