Search found 1373 matches

by mpt follower
Mon Aug 31, 2015 4:14 pm
Forum: Investing - Help with Personal Investments
Topic: You've inherited a bad portfolio from your former self. What do you do?
Replies: 18
Views: 1616

Re: You've inherited a bad portfolio from your former self. What do you do?

Remember, there is no absolute right! The fact is that sometime on the past whatever you now consider bad was good. Does it occur to you that maybe after making whatever changes you feel are right for you now, you again may be asking the same question one day in the future. Therefore, my suggestion ...
by mpt follower
Mon Aug 31, 2015 6:45 am
Forum: Investing - Help with Personal Investments
Topic: Expat: Vanguard declines to give advice. Move to Schwab?
Replies: 14
Views: 1699

Re: Expat: Vanguard declines to give advice. Move to Schwab?

I am a US citizen living abroad with a US mailing address service and I maintain a skype-based US phone number. For all of my financial relationships with American companies, I operate on a "don't ask, don't tell" basis when it comes to my living abroad. If the issue comes up (for instanc...
by mpt follower
Sun Aug 30, 2015 2:13 pm
Forum: Investing - Help with Personal Investments
Topic: Expat: Vanguard declines to give advice. Move to Schwab?
Replies: 14
Views: 1699

Re: Expat: Vanguard declines to give advice. Move to Schwab?

No American broker will give advice. They simply will refuse because they will claim not to have a license in your place of residency. That goes for Vanguard as well as Schwab, or Fidelity, etc.
So before you decide to walk out of Vanguard, check it.
by mpt follower
Sat Aug 29, 2015 11:47 pm
Forum: Investing - Theory, News & General
Topic: REITs: The one Tilt that Makes Sense?
Replies: 47
Views: 3151

Re: REITs: The one Tilt that Makes Sense?

Food for Thought

David Swensen's in "Unconventional Success" (page 84, Table 3.1), offers the following allocation between risky assets, i.e., excluding fixed income:

Domestic Equity 43%
Foreign Developed Equity 21%
Emerging Markets 7%
Real Estate 29%
by mpt follower
Fri Aug 28, 2015 12:54 am
Forum: Personal Consumer Issues
Topic: Garmin maps for Italy?
Replies: 18
Views: 1776

Re: Garmin maps for Italy?

The absolute best GPS is Waze. I travel extensively, specially in Europe and what I do is I buy a local 1gb sim (data only) for my iPhone at any phone store (even at the airports), about 10-20 euros, that will easily last for a month and replace my sim with it. Then I am in business. If you do not k...
by mpt follower
Mon Aug 24, 2015 10:48 pm
Forum: Investing - Theory, News & General
Topic: Getting out of your comfort zone
Replies: 21
Views: 2409

Re: Getting out of your comfort zone

Livesoft: So, if I understand your thinking, if the market continues to drop, you keep on buying? My question is: market falls do not last long, something happens and they stabilize, or seem to. So why not wait a month, or 2 before taking action. If the goal is rebalancing and not trying to hit the ...
by mpt follower
Mon Aug 24, 2015 12:25 am
Forum: Investing - Theory, News & General
Topic: Which is more optimal in retirement? Total return vs. income investing
Replies: 41
Views: 3564

Re: Which is more optimal in retirement? Total return vs. income investing

Retired 75/25 stock /bond I continue to reinvest all capgains and dividends in Retirement accounts for compounded growth. Taxable accounts I take the majority of capital gains in cash but reinvest the dividends that occur during the year. Regarding the reinvesting of dividends and taxes,,it is a mo...
by mpt follower
Sun Aug 23, 2015 10:08 am
Forum: Investing - Theory, News & General
Topic: Getting out of your comfort zone
Replies: 21
Views: 2409

Re: Getting out of your comfort zone

Inherited 4%, 40 year bonds, in the mid-1980s when rates were double digits and I sold them through a broker for less than half of face value, thinking about how hard Dad worked to accumulate enough to buy them for his retirement. I've disliked owning bonds and the bond brokerage industry ever sinc...
by mpt follower
Sun Aug 23, 2015 8:16 am
Forum: Investing - Theory, News & General
Topic: Getting out of your comfort zone
Replies: 21
Views: 2409

Re: Getting out of your comfort zone

Not yet, but I have about $400,000 in fixed income investments yielding close to nothing that I will not need this money until 2028, should I still be around. Wife and I have a TIPS ladder that covers our needs until then. I did not do it in 2008, in fact I have never done it, but I would like very ...
by mpt follower
Sat Aug 22, 2015 10:50 am
Forum: Investing - Help with Personal Investments
Topic: Just confirming....."stay the course"?
Replies: 53
Views: 6083

Re: Just confirming....."stay the course"?

My target equity is 30-35%. Looking at August first to today, the change in equality allocation in my portfolio has been minimal.
by mpt follower
Fri Aug 21, 2015 11:56 pm
Forum: Investing - Help with Personal Investments
Topic: Just confirming....."stay the course"?
Replies: 53
Views: 6083

Re: Just confirming....."stay the course"?

The big question is not if, but when to rebalance. in the past, I have waited a bit until the market stabilizes and then rebalance if necessary. So, I feel that the time is not yet here.
by mpt follower
Fri Aug 14, 2015 11:52 pm
Forum: Personal Consumer Issues
Topic: HELP! 10 days in Mid Sept to Normandy/Brittany
Replies: 1
Views: 246

HELP! 10 days in Mid Sept to Normandy/Brittany

My wife and I (retired) are planning to spend 10 days in Mid Sept in Normandy/Brittany, not including 2 days traveling to and from France. We are renting a car at Paris CDG Airport and traveling directly to Giverny for the first night (we have been in Paris more than once). Although we have a good p...
by mpt follower
Tue Aug 11, 2015 10:07 am
Forum: Investing - Help with Personal Investments
Topic: Total World Stock Index
Replies: 54
Views: 5674

Re: Total World Stock Index

My wife and I have moved our IRAs and her 401(k) to TD Ameritrade. VT is offered commission free, as is VTI (U.S. Total Stock Index). I understand that U.S. stocks currently constitute a bit over 50% of Total World Stock Index. We'd prefer simplicity in terms of having all of our international in a...
by mpt follower
Mon Aug 10, 2015 11:23 am
Forum: Investing - Theory, News & General
Topic: Random Walk Down Wall Street - Sample Portfolio 2015
Replies: 21
Views: 2241

Re: Random Walk Down Wall Street - Sample Portfolio 2015

Do not understand, are the 55% Stocks and the 12.5% Dividend Growth Stocks two different items? If yes, can someone smarter than me explain the logic. Is Malkiel suggesting that a 55 year old investor have 67.5% of his money in stocks. If you add the 12.5 % in REITs, the pool of risky assets grows t...
by mpt follower
Tue Aug 04, 2015 11:21 pm
Forum: Investing - Theory, News & General
Topic: Calculate real YTM of TIPS bonds
Replies: 2
Views: 275

Calculate real YTM of TIPS bonds

I just bought a series of TIPS in the secondary market through Fidelity. The price was slightly different from the figure showed by Fidelity in their table. Does anyone have an Excel calculator to calculate the real YTM?
by mpt follower
Tue Aug 04, 2015 4:24 pm
Forum: Investing - Theory, News & General
Topic: Which is more optimal in retirement? Total return vs. income investing
Replies: 41
Views: 3564

Re: Which is more optimal in retirement? Total return vs. income investing

About 45% of my portfolio is in a TIPS ladder extending to 2029 (age 80), with the rest in risky assets, meaning stock index funds globally diversified plus a REITs index fund. Hopefully and if I am still alive by the age of 80, I can then decide to extent the TIPS ladder or buy a longevity annuity...
by mpt follower
Tue Aug 04, 2015 11:04 am
Forum: Investing - Theory, News & General
Topic: Which is more optimal in retirement? Total return vs. income investing
Replies: 41
Views: 3564

Re: Which is more optimal in retirement? Total return vs. income investing

What I mean, and I am stealing the term from Huxley's "Asset Dedication", is the development of a portfolio of "Precision Guided Bonds to hit the exact target income stream." Meaning a AAA bond ladder or annuity that delivers the required income exactly when you need it. My opini...
by mpt follower
Mon Aug 03, 2015 11:47 pm
Forum: Investing - Theory, News & General
Topic: Which is more optimal in retirement? Total return vs. income investing
Replies: 41
Views: 3564

Re: Which is more optimal in retirement? Total return vs. income investing

In retirement, maximizing return for a given risk is not the goal. The goal is simply to assure income for life. I think that there is a significant difference between these two goals. Building an adequate TIPS ladder for 25-30 years may be great to assure that the necessary income is there for the ...
by mpt follower
Sat Aug 01, 2015 11:40 pm
Forum: Investing - Help with Personal Investments
Topic: Close to 93% of portfolio in individual stocks?
Replies: 28
Views: 2534

Re: Close to 93% of portfolio in individual stocks?

I have a friend whose money is invested with Raymond James, 93% of which is invested in 15 or 16 stocks. I believe most of these stocks are dividend stocks such as Target, Microsoft, Apple, GE etc. What are the Bogleheads opinions on such a portfolio? I'm not going to bring this up to him, he is ve...
by mpt follower
Sat Aug 01, 2015 12:11 am
Forum: Investing - Help with Personal Investments
Topic: Moving from TIPs fund to TIPs ladder???
Replies: 49
Views: 2974

Re: Moving from TIPs fund to TIPs ladder???

A really good discussion. I am comfortable with the intermediate TIPS fund, but the ladder would be the safest way to go for those who could manage it. I think I would want professional assistance to put a ladder together, and I doubt my spouse would want to maintain it. I do not understand the con...
by mpt follower
Fri Jul 31, 2015 7:14 pm
Forum: Investing - Theory, News & General
Topic: Grok's Tip #8:Retire Worry-Free with TIPs as a foundation
Replies: 147
Views: 34849

Re: Grok's Tip #8:Retire Worry-Free with TIPs as a foundation

My own view, and what i am actually planning to do, is buy a portfolio of long term tips that roughly duration match my retirement liabilities out to age 95, at least for a basic floor guaranteed income. Then when (God willing) i get to my mid 80s i will probably convert these funds over to a infla...
by mpt follower
Fri Jul 31, 2015 12:27 pm
Forum: Investing - Theory, News & General
Topic: Grok's Tip #8:Retire Worry-Free with TIPs as a foundation
Replies: 147
Views: 34849

Re: Grok's Tip #8:Retire Worry-Free with TIPs as a foundation

Thank you Grok and the rest for the wise advice.
by mpt follower
Fri Jul 31, 2015 6:07 am
Forum: Investing - Theory, News & General
Topic: Grok's Tip #8:Retire Worry-Free with TIPs as a foundation
Replies: 147
Views: 34849

Re: Grok's Tip #8:Retire Worry-Free with TIPs as a foundation

stlutz wrote:TIPS yields are higher now than they were in the fall of 2011.


I did not realize that, but notwithstanding it, I was asking whether it is wise to commit to a long TIPs ladder given the low yields. I remember the good old days when TPIs yields started at 1%+
by mpt follower
Fri Jul 31, 2015 12:11 am
Forum: Investing - Theory, News & General
Topic: Grok's Tip #8:Retire Worry-Free with TIPs as a foundation
Replies: 147
Views: 34849

Re: Grok's Tip #8:Retire Worry-Free with TIPs as a foundation

Grok, I read your 2011 case for building a ladder of TIPs to support retirement. I wish I had the smartest then to do exactly that, specially since I was fully aware of Zvi Bodie's work. But I did not! Now it is July 2015 and TIPs are not yielding much more than inflation. Would you recommend the sa...
by mpt follower
Sun Jul 26, 2015 9:43 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard question. What to do with 80,000k in cash
Replies: 11
Views: 1491

Re: Vanguard question. What to do with 80,000k in cash

Buy the Vanguard Total World Stock Index ETF (VT). Then forget it until retirement.
by mpt follower
Sat Jul 25, 2015 9:46 am
Forum: Personal Finance (Not Investing)
Topic: Protection against stock correctiom
Replies: 25
Views: 2596

Protection against stock correctiom

For the sake of argument, let us say that it is just a matter of time before a correction (i.e., at least 10%). Has anyone done research on the type of stocks that would provide highest protection relative to the total market? High quality, minimum volatility?
by mpt follower
Sun Jul 19, 2015 2:54 pm
Forum: Investing - Help with Personal Investments
Topic: Why invest in BNDX's when 30 day SEC yield = 0.76%.
Replies: 102
Views: 7138

Re: Why invest in BNDX's when 30 day SEC yield = 0.76%.

Nisiprius, you absolutely right. I took it for granted that the reference is the total U.S. Bond
by mpt follower
Sun Jul 19, 2015 1:26 pm
Forum: Investing - Help with Personal Investments
Topic: Why invest in BNDX's when 30 day SEC yield = 0.76%.
Replies: 102
Views: 7138

Re: Why investors prefer Vanguard Total Bond Market Index Fund

In the April semi annual report of the Vanguard Total International Bond Index Fund, the 30 day SEC yield was reported to be 0.76%. My question is why would anyone invest in a fund that does not even expect to return anything close to inflation. By the way, the average duration of the fund is 7.3 y...
by mpt follower
Sun Jul 19, 2015 1:07 pm
Forum: Investing - Help with Personal Investments
Topic: Why invest in BNDX's when 30 day SEC yield = 0.76%.
Replies: 102
Views: 7138

Re: Why invest in BNDX's when 30 day SEC yield = 0.76%.

The latest for the BNDX or Vanguard Total International Bond ETF SEC yield as of 07/17/2015 [1.12% A] And for comparison, here is this one for VMMXX or Vanguard Prime Money Market SEC yield as of 07/17/2015 [0.03% C] I do not understand the comparison, one has a duration of a few weeks/months and t...
by mpt follower
Sun Jul 19, 2015 12:09 pm
Forum: Investing - Help with Personal Investments
Topic: Why invest in BNDX's when 30 day SEC yield = 0.76%.
Replies: 102
Views: 7138

Why invest in BNDX's when 30 day SEC yield = 0.76%.

In the April semi annual report of the Vanguard Total International Bond Index Fund, the 30 day SEC yield was reported to be 0.76%. My question is why would anyone invest in a fund that does not even expect to return anything close to inflation. By the way, the average duration of the fund is 7.3 ye...
by mpt follower
Thu Jul 16, 2015 8:24 am
Forum: Personal Consumer Issues
Topic: The " Corolla" investment....
Replies: 51
Views: 5808

Re: The " Corolla" investment....

So I long one should expect a corolla to last? Late 2006 my wife bought a brand new Corolla 2007. Recently after only 40,000 miles and in perfect conditions, she gave the car to our daughter. The only things done to the car, apart from annual maintenance, is tire and battery replacement, and a while...
by mpt follower
Tue Jul 14, 2015 5:21 am
Forum: Investing - Theory, News & General
Topic: Whatever happened to the advocates of CDs vs Bonds?
Replies: 58
Views: 5760

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

Yesterday I purchased my first CD: a 7.13.2020 (5 yr) CD through Fidelity with a YTM of 2.44%. (I assume that the yield assumes no reinvestment, correct?) I know that direct CDs yield more, but I am willing to lose the small difference to avoid to hassle, and have zero intention to sell before matu...
by mpt follower
Mon Jul 13, 2015 10:13 pm
Forum: Investing - Theory, News & General
Topic: Whatever happened to the advocates of CDs vs Bonds?
Replies: 58
Views: 5760

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

Yesterday I purchased my first CD: a 7.13.2020 (5 yr) CD through Fidelity with a YTM of 2.44%. (I assume that the yield assumes no reinvestment, correct?) I know that direct CDs yield more, but I am willing to lose the small difference to avoid to hassle, and have zero intention to sell before matur...
by mpt follower
Sun Jul 12, 2015 1:34 pm
Forum: Investing - Theory, News & General
Topic: The "No Bonds" portfolio
Replies: 80
Views: 11547

Re: The "No Bonds" portfolio

Those aren't defined maturity bond funds, such as iShares iBonds Dec 2020 Corporate (IBDL) . I have asked the same question a few times without an answer. Has anyone considered a defined maturity corporate bonds ETF ladder? Two companies, Guggenheim and iShares offer them. On the other hand, I thou...
by mpt follower
Sun Jul 12, 2015 12:54 pm
Forum: Investing - Theory, News & General
Topic: The "No Bonds" portfolio
Replies: 80
Views: 11547

Re: The "No Bonds" portfolio

I have asked the same question a few times without an answer. Has anyone considered a defined maturity corporate bonds ETF ladder? Two companies, Guggenheim and iShares offer them. Names? Tried TLT, PFF, and DVY. They are OK. More stuff that I didn't want to watch. TLT has been sensitive to politic...
by mpt follower
Sun Jul 12, 2015 12:14 pm
Forum: Investing - Theory, News & General
Topic: The "No Bonds" portfolio
Replies: 80
Views: 11547

Re: The "No Bonds" portfolio

I have asked the same question a few times without an answer. Has anyone considered a defined maturity corporate bonds ETF ladder? Two companies, Guggenheim and iShares offer them.
by mpt follower
Sat Jul 11, 2015 7:12 pm
Forum: Investing - Theory, News & General
Topic: What 2008/09 has done to me
Replies: 158
Views: 19718

Re: What 2008/09 has done to me

Being independent means paying for your own mistakes, working for someone else means also paying for his mistakes. You decide what is best.
by mpt follower
Sat Jul 11, 2015 12:52 am
Forum: Investing - Theory, News & General
Topic: How do you do the Larry Portfolio?
Replies: 48
Views: 3873

Re: How do you do the Larry Portfolio?

Very slowly, and cautiously. I want an advisor if I go that route at all. Someone besides myself to rattle if a mistake is made. Even more important, the tracking error of the Larry Portfolio (LP) is the biggest challenge. Very few can see the market go up while the LP goes down (and this can happe...
by mpt follower
Fri Jul 10, 2015 10:51 pm
Forum: Investing - Help with Personal Investments
Topic: 5 year CD @ 2.4% - a good deal?
Replies: 32
Views: 4705

Re: 5 year CD @ 2.4% - a good deal?

Maybe I should have rephrased my question. Assuming that the interest rate is competitive, does it make sense to diversify my fixed income holdings? As an early retiree, we're at a 40/60 allocation so I hold a lot of BND and AGG, as well as a large position in MUB in my taxable account. I'm wonderi...
by mpt follower
Thu Jul 09, 2015 11:37 pm
Forum: Investing - Theory, News & General
Topic: GAA ETF - a Global Asset Allocation
Replies: 33
Views: 2888

Re: GAA ETF - a Global Asset Allocation

The idea of the fund is right on. If you recall, a few decades ago. I think in the late 60s, William Sharpe demonstrated that the most efficient investment (think Modern Portfolio Theory) is the total market, and this fund, effectively or not (that is the question) attempts to offer a way to invest...
by mpt follower
Thu Jul 09, 2015 10:50 pm
Forum: Investing - Theory, News & General
Topic: GAA ETF - a Global Asset Allocation
Replies: 33
Views: 2888

Re: GAA ETF - a Global Asset Allocation

The idea of the fund is right on. If you recall, a few decades ago. I think in the late 60s, William Sharpe demonstrated that the most efficient investment (think Modern Portfolio Theory) is the total market, and this fund, effectively or not (that is the question) attempts to offer a way to invest ...
by mpt follower
Wed Jul 08, 2015 11:41 am
Forum: Personal Consumer Issues
Topic: London Edinburgh by car
Replies: 26
Views: 1688

Re: London Edinburgh by car

Is Waze, the navigation tool, available in the UK?
A few months ago I used it in northern Italy and last year in Portugal. It really simplified my driving.
by mpt follower
Sun Jul 05, 2015 6:11 am
Forum: Investing - Theory, News & General
Topic: USA-NRA Investing: VT = 80% VWRD + 20% WDSC
Replies: 6
Views: 534

Re: USA-NRA Investing: VT = 80% VWRD + 20% WDSC

I am retired and own 30% of the iShares global stock index ETF, very similar to VT, plus 70% in a combination of the total U.S. Bond market and a 5 year ladder of no risk fixed income instruments. However, reading persuasive comments by Ferri, Swensen and others, including people in this forum, I am...
by mpt follower
Sun Jul 05, 2015 12:30 am
Forum: Investing - Theory, News & General
Topic: U.S. Bond Market Bubble
Replies: 44
Views: 4599

Re: U.S. Bond Market Bubble

The bond index is much more heavily weighted in government debt—72 percent—than most investors need to be. These days, when you need yield so badly, I don't think you should sacrifice all that yield. This is the point where this argument loses me. The last 5 months of inflation data are: January: -...
by mpt follower
Sat Jul 04, 2015 11:03 am
Forum: Personal Consumer Issues
Topic: London Edinburgh by car
Replies: 26
Views: 1688

Re: London Edinburgh by car

Very helpful, thank you all
by mpt follower
Sat Jul 04, 2015 9:42 am
Forum: Investing - Theory, News & General
Topic: U.S. Bond Market Bubble
Replies: 44
Views: 4599

Re: U.S. Bond Market Bubble

What about a 5 year ladder of corporate defined maturity ETFs. See Guggenheim investments.
by mpt follower
Sat Jul 04, 2015 9:28 am
Forum: Personal Consumer Issues
Topic: London Edinburgh by car
Replies: 26
Views: 1688

London Edinburgh by car

My wife and I are planning a trip in August to Edinburgh to coincide with the amazing festival. We would fly to London, spend a few days there, see a few plays, then rent a one way car to Edinburgh and do the WSJ suggested trip, see http://www.wsj.com/articles/a-historic-road-trip-from-london-to-edi...
by mpt follower
Sat Jul 04, 2015 12:37 am
Forum: Personal Consumer Issues
Topic: Journal of my recent ride in Northern Italy
Replies: 11
Views: 1894

Re: Journal of my recent ride in Northern Italy

I did a similar trip 18-25 June. Biked (a group of 10) from Bolzano to Venice via Lake La Garda. We did it through Girolibero. For details, see http://www.girolibero.com/en/catalog/bolzano-verona-venice-across-lake-garda-and-through-verona I checked out that tour. I met a group of 4 couples riding ...

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