Search found 314 matches

by noyopacific
Tue Aug 25, 2015 10:43 am
Forum: Investing - Theory, News & General
Topic: [spurned advisor purports there is a Vanguard] Class Action Suit?
Replies: 43
Views: 3760

Re: [spurned advisor pretends there is a Vanguard] Class Action Suit?

I thought it was a bit of a low-class move to make a statement like that unless he had actual proof to back it up. We'll see if he shares anything along those lines. In the mean time, on behalf of other potential prey, I'd like to thank TinyElvis for keeping his advisor distracted and focused on qu...
by noyopacific
Mon Aug 17, 2015 12:18 am
Forum: Personal Finance (Not Investing)
Topic: Your First Job
Replies: 113
Views: 6188

Re: Your First Job

12 years-old, paper route, $50 +/- month (1968)
1st W-2, 15 years old, summer camp counselor, $25/week
by noyopacific
Tue Aug 04, 2015 1:30 pm
Forum: Personal Consumer Issues
Topic: Would you look down on a co-worker for driving a beater?
Replies: 196
Views: 13430

Re: Would you look down on a co-worker for driving a beater?

Assuming that the vehicle were mechanically sound and reliable, then NO! I would more likely to admire a co-worker with an ego secure enough to not require a car that might bolster their self-image. I would also be more likely to trust the judgement of someone who appreciates the values of utility a...
by noyopacific
Mon Jul 20, 2015 6:15 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard Energy Mutual Fund or ETF?
Replies: 11
Views: 901

Re: Vanguard Energy Mutual Fund or ETF?

I would have thought the two returns would be fairly comparable. They are general in the same direction, but year by year there have been large variations. The ETF, VDE tracks (MSCI) US Investable Market Energy Index (domestic energy.) The mutual fund VGENX, is benchmarked to MSCI All Country World...
by noyopacific
Sun Jul 19, 2015 4:34 pm
Forum: Investing - Help with Personal Investments
Topic: Is now a decent time to buy gold? [Portfolio help]
Replies: 88
Views: 7008

Re: Is now a decent time to buy gold? [Portfolio help]

In response to TMCD75's question, part of what you are asking a market timing question: "Is this a good time to buy gold?" :shock: The Fourth Commandment of The Bogleheads Philosophy is: "Never try to time the market." With that in mind, I view gold as one of the things that may ...
by noyopacific
Thu Jul 16, 2015 2:01 pm
Forum: Personal Consumer Issues
Topic: Getting rid of moles & voles (rodents)
Replies: 28
Views: 1768

Re: Getting rid of moles & voles (rodents)

Thanks for all the suggestions! There were a few ideas I'd never have thought of. Juicy Fruit gum was one. Explosive charges connected to a motion-switch was an idea I wouldn't have thought of. :D I do have some blasting caps that I found 40 years ago, I've been warned that the explosive in them mig...
by noyopacific
Wed Jul 15, 2015 1:58 pm
Forum: Personal Consumer Issues
Topic: Getting rid of moles & voles (rodents)
Replies: 28
Views: 1768

Getting rid of moles & voles (rodents)

Does anyone have a reliable way to deal with moles & voles ? I'm not going to use any poisoned baits for the sake of our pets & wildlife and because I think most/all are illegal in my area. I guess that leaves trapping and repellants. I've tried flooding the little dickens's with very limite...
by noyopacific
Sun Jul 12, 2015 12:32 pm
Forum: Investing - Theory, News & General
Topic: Any empirical evidence that suggests waiting for a dip
Replies: 56
Views: 3666

Re: Any empirical evidence that suggests waiting for a dip

If you are able to identify a data set and equation that would have worked well in the past, I predict that it is unlikely to work well in the future. If the strategy is published, I'd be willing to bet against it working the next time the trigger is tripped.
by noyopacific
Sun Jul 12, 2015 12:16 pm
Forum: Investing - Theory, News & General
Topic: The "No Bonds" portfolio
Replies: 80
Views: 11407

Re: The "No Bonds" portfolio

Although the logic behind the argument for a 100% equities portfolio is sound, it ignores the emotional trauma of severe market downturns. I held 100% equities for 15 years. It was rewarding but tremendously painful at times. If you are going to give it a shot, you have my best wishes . . . for fair...
by noyopacific
Tue Jun 23, 2015 1:54 am
Forum: Investing - Help with Personal Investments
Topic: Best Advice [Best single piece of advice to give a new investor]
Replies: 56
Views: 4996

Re: Best Advice [Best single piece of advice to give a new investor]

If I could only give one single piece of advice it would be to invest in:
the Vanguard Total Stock Market Index Fund.

A single piece of advice really isn't enough to act on however.
by noyopacific
Thu Jun 11, 2015 1:23 pm
Forum: Personal Consumer Issues
Topic: Tree Trimming Etiquette with Neighbors
Replies: 30
Views: 4403

Re: Tree Trimming Etiquette with Neighbors

I've been in my house for 30+ years. I have found that generally speaking, homeowners are selfish people and are oblivious to their surroundings. Once in a while you find someone who is sensitive to others' needs but in my view it is not very common. If you want something you must ask and don't cou...
by noyopacific
Thu Jun 04, 2015 10:08 pm
Forum: Personal Finance (Not Investing)
Topic: Banker/Attorney (loan) question
Replies: 14
Views: 1293

Re: Banker/Attorney (loan) question

Seems like you'd want to form an LLC or a partnership, have the LLC/LLP buy the property, and then sell units in the LLC/LLP to the cabin owners or fishing club members, which then gives them access to a particular site and the lake in general for a set time period. The initial buy-in gets an owner...
by noyopacific
Thu Jun 04, 2015 11:54 am
Forum: Personal Finance (Not Investing)
Topic: Divorcing over finances.
Replies: 70
Views: 6577

Re: Divorcing over finances.

My wife and I have discussed a "strategic" divorce several times. The first time was as a possible means of protecting assets from the risk of a lawsuit. We have subsequently considered it as a possible tax strategy. Our discussions never involved changing our personal relationship, only m...
by noyopacific
Thu Jun 04, 2015 2:25 am
Forum: Personal Consumer Issues
Topic: Rowing Machines
Replies: 27
Views: 2053

Re: Rowing Machines

I started on a Water Rower at my gym. The gym added a Concept 2 and I used them interchangeably, based on whichever happened to be available. Over time found I had a slight preference for the Concept 2, I suspect that this was because the Concept 2 scored my speed and distance better with the same a...
by noyopacific
Tue Jun 02, 2015 6:44 pm
Forum: Investing - Help with Personal Investments
Topic: Feedback on Portfolio Questions
Replies: 2
Views: 299

Re: Feedback on Portfolio Questions

It looks like a pretty good part of what you learned from Rick Ferri's books must have sunk in. #1, I keep emergency funds in a money market account. They might also be kept in a CD to earn a bit of interest with the understanding that there may be a penalty for withdrawing funds if I ever needed th...
by noyopacific
Sun May 31, 2015 11:48 pm
Forum: Personal Consumer Issues
Topic: Kayak Recommendations
Replies: 14
Views: 2165

Re: Kayak Recommendations

Leonard, It appears to me that your understanding of the various uses and types of kayaks may be somewhat limited. OP was looking for a versatile, inexpensive 11' max length kayak that would fit inside his vehicle. There simply aren't any "fast" kayaks in this length. Your "fast"...
by noyopacific
Sun May 31, 2015 3:07 pm
Forum: Investing - Help with Personal Investments
Topic: TSM to target date in low balance Fidelity Roth IRA
Replies: 3
Views: 315

Re: TSM to target date in low balance Fidelity Roth IRA

In reading your post, my biggest concern was that you appear to be fussing in your mind and impatient to make a relatively minor change. You are embarking on an ultra marathon here. You need to learn to relax and pace yourself. There is no need to rush, quick changes in your course are likely to res...
by noyopacific
Sun May 31, 2015 2:33 pm
Forum: Personal Consumer Issues
Topic: Kayak Recommendations
Replies: 14
Views: 2165

Re: Kayak Recommendations

pennstater2005 I was a Wilderness Systems dealer and agree that they have some fine kayaks. You are correct that the Pamlico is no longer made. The Pungo was always a remarkable performer in its' class but this design appears to have changed. (I can't say that I cared much for the looks of a Pungo. ...
by noyopacific
Sun May 31, 2015 2:15 pm
Forum: Personal Consumer Issues
Topic: Kayak Recommendations
Replies: 14
Views: 2165

Re: Kayak Recommendations

I don't have any first hand experience with either boat. I think that the Pelican Trailblazer may be a bit better looking but that is not a serious concern to me. According to the published specs. the Pelican is a few pounds lighter. The Aruba is not a heavy kayak but lighter is almost always nicer ...
by noyopacific
Sun May 31, 2015 5:46 am
Forum: Personal Consumer Issues
Topic: Kayak Recommendations
Replies: 14
Views: 2165

Re: Kayak Recommendations

I used to own a kayak shop so have some experience with this question. I would look for a polyethylene (poly) kayak over any inflatable. I sold both because some people could not transport or store a kayak with a rigid hull. One time I sold 20 poly kayaks to a rental operator who was tired of patchi...
by noyopacific
Sat May 30, 2015 5:40 pm
Forum: Investing - Theory, News & General
Topic: Are there bond experts that can make a difference?
Replies: 27
Views: 1940

Re: Are there bond experts that can make a difference?

Perhaps there are some bond experts somewhere who might be able to make a difference. I don't believe that there is much chance of identifying one in advance of a period of superior risk-adjusted performance. You seem to accept the idea that adding the cost burden of active equity management to perf...
by noyopacific
Wed May 06, 2015 9:36 am
Forum: Investing - Theory, News & General
Topic: Best Time of Year to Rebalance Portfolio?
Replies: 54
Views: 4732

Re: Best Time of Year to Rebalance Portfolio?

Deadwood wrote:I find rebalancing each year on my birthday works well :happy

I have found that my wife's birthday is also an excellent time to rebalance. :wink:
by noyopacific
Tue Apr 28, 2015 11:09 pm
Forum: Personal Consumer Issues
Topic: What is the best roofing material?
Replies: 17
Views: 1985

Re: What is the best roofing material?

My experience is that is generally best to use whatever roofing materials are among the most common in your area. Choosing something that local contractors are not familiar with results in too many problems. One friend choose a very expensive, thick asphalt-fiberglass composition product that was su...
by noyopacific
Sat Apr 25, 2015 2:24 pm
Forum: Personal Finance (Not Investing)
Topic: Is the 1% Cost of Managing Money Worth It?
Replies: 53
Views: 5243

Re: Is the 1% Cost of Managing Money Worth It?

I believe that the 1% annual AUM charge is very much worth it when: 1. The client lacks the knowledge to develop a good investment plan. 2. The client is intimidated about taking responsibility for investment decisions. 3. The client lacks the discipline to follow a plan / stay the course. 4. The ma...
by noyopacific
Wed Apr 22, 2015 7:50 pm
Forum: Investing - Theory, News & General
Topic: Trying to beat the index is futile
Replies: 17
Views: 2079

Re: Trying to beat the index is futile

My overly technical self doesn't allow me to leave this statement uncorrected. It is not futile. It is just very difficult. How about ? Trying to beat the index is usually worse than futile. Trying to beat the index most frequently results in inferior risk-adjusted returns. Trying to beat the index...
by noyopacific
Wed Apr 22, 2015 7:01 pm
Forum: Investing - Theory, News & General
Topic: David Booth interviews Eugene Fama
Replies: 11
Views: 2022

"trying to nail an index, that's stupid !"

I liked his comments about paper writing: keep it as simple as possible. Put all of the simple stuff in the beginning and the technical at the end to hold the reader's attention as long as possible. I enjoyed this too and when he went on to remark that how half of a business (Like DFA) was marketin...
by noyopacific
Tue Apr 21, 2015 2:09 pm
Forum: Investing - Theory, News & General
Topic: Has anyone changed their asset allocation
Replies: 58
Views: 3931

Re: Has anyone changed their asset allocation

I have an inherited IRA that I have to empty over the next 5 years. I decided to switch it to 85% bonds because I wouldn't have enough time to recover from a stock market crash, and that was preying on my mind. Better safe than sorry. (My personal IRA? International stocks up the wazoo. Wheeee!) Th...
by noyopacific
Mon Apr 20, 2015 2:16 pm
Forum: Investing - Theory, News & General
Topic: Has anyone changed their asset allocation
Replies: 58
Views: 3931

Re: Has anyone changed their asset allocation

I increased my bond allocation because the "long running and possibly tired bull market" had pushed my balance over 100% of our retirement goal. I did this even though the the long-term outlook for 2% bonds seems pretty bleak to me. Equities may not look attractive at current P/E levels bu...
by noyopacific
Wed Apr 15, 2015 7:20 pm
Forum: Investing - Theory, News & General
Topic: Do REITs really offer effective portfolio diversification?
Replies: 108
Views: 10025

Re: Do REITs really offer effective portfolio diversificatio

I think it is inaccurate to try and call REIT's a separate "asset class." Vanguard classifies REIT's as a sector which I believe is the correct classification. Ever sector could be said to have some unique characteristics but that doesn't make any of them a unique asset class. If the REIT ...
by noyopacific
Tue Apr 14, 2015 5:02 pm
Forum: Personal Consumer Issues
Topic: Neighbor hired a surveyor. Should I be nervous?
Replies: 81
Views: 11649

Re: Neighbor hired a surveyor. Should I be nervous?

I have a good friend who is a surveyor. He as lots of hillarious stories about people disputing their property lines. The bottom line is that residential property owners are often passionate about the limits of their territory . The rational concept of a legal boundary description isn't the issue so...
by noyopacific
Sun Apr 12, 2015 3:23 pm
Forum: Personal Consumer Issues
Topic: gold bullion
Replies: 16
Views: 1037

Re: gold bullion

I want to buy some 1 oz. gold bullion and want to know what I should expect to pay over market price. sam Many years ago I bought some Krugerrands from a local coin shop. The premium over market was a few %. I was willing to accept coins with some signs of wear, often caused from being carried insi...
by noyopacific
Wed Apr 08, 2015 5:51 am
Forum: Personal Consumer Issues
Topic: Norwesco water tanks
Replies: 17
Views: 1977

Re: Norwesco water tanks

I have a 2500 gallon tank made by Rotonics. I like it but I'm quite familiar with the Norwesco and Snyder tanks and they are perfectly fine too. I'd compare the weight of the tanks with others of similar volume. There are a few lighter weight tanks around and I'd avoid them. Also you will probably w...
by noyopacific
Sun Apr 05, 2015 3:10 am
Forum: Investing - Theory, News & General
Topic: Investment returns like the extremely rich
Replies: 13
Views: 2220

Re: Investment returns like the extremely rich

Interesting but I would guess there is relatively little overlaps between the Forbes 400 list in 1982 and the list today. In other words, many of those on the current list had far less in wealth than the top 400 in 1982, so it is likely that many of those on the current list have wealth that has gr...
by noyopacific
Fri Apr 03, 2015 3:39 pm
Forum: Personal Finance (Not Investing)
Topic: Letter from Lawyer to enter my property to construct road
Replies: 39
Views: 7023

Re: Letter from Lawyer to enter my property to construct roa

In the mean time I would post the area in question "No Trespassing," possibly erect some sort of a baricade and if anyone enters your property, tell them that they are trespassing and if they refuse to leave, call law enforcement immediately. I have no idea why you would consider this a g...
by noyopacific
Thu Apr 02, 2015 7:12 pm
Forum: Investing - Theory, News & General
Topic: Bogle says: "Active mutual funds could disappear:
Replies: 28
Views: 3865

Bogle says: "Active mutual funds could disappear:

http://www.marketwatch.com/story/active-mutual-funds-could-disappear-john-bogle-2015-04-02 Calling active mutual funds "fat, dumb and happy" as they take in billions in pointless fees from retirement investors, Vanguard Group founder John Bogle predicts the end of the active management in...
by noyopacific
Thu Apr 02, 2015 3:21 pm
Forum: Personal Finance (Not Investing)
Topic: Letter from Lawyer to enter my property to construct road
Replies: 39
Views: 7023

Re: Letter from Lawyer to enter my property to construct roa

. . . What is the boglehead way (not very expensive) of finding a real estate attorney. Will they work on fixed fee? Assuming that you got a policy of title insurance when you purchased the property, the inexpensive option would be to contact the title insurance company. Show them the letter and fi...
by noyopacific
Wed Apr 01, 2015 12:56 pm
Forum: Investing - Theory, News & General
Topic: Sheldon Jacobs, Author in Rise of No-Load Funds, Dies at 84
Replies: 6
Views: 713

Re: Sheldon Jacobs, Author in Rise of No-Load Funds, Dies at

Sheldon Jacobs book: "The Handbook for No-Load Fund Investors" was one of my first investment books too. I still have it on my bookshelf. It only had about 20 pages of basic discussion about investing with a page and a half devoted to a general discussion about index funds. Most of the 400...
by noyopacific
Tue Mar 31, 2015 7:15 pm
Forum: Investing - Theory, News & General
Topic: Did you learn anything from 2008?
Replies: 105
Views: 9998

Re: Did you learn anything from 2008?

. . . I think people need a realistic lower risk option that still allows them to get their basic retirement needs covered. I don't think we should have practically a whole generation of people whose ability to support themselves in their 80s is largely dependent on what the stock market does in th...
by noyopacific
Mon Mar 30, 2015 11:40 pm
Forum: Investing - Theory, News & General
Topic: Did you learn anything from 2008?
Replies: 105
Views: 9998

Re: Did you learn anything from 2008?

I can eat raw fish without any problem but I learned that a 40%+ drop in my portfolio does result in some excess stomach acid. I also learned that my wife and I could handle it; in fact I think we were both pleasantly surprised with our ability to accept (endure) risk. My wife's brother was incredul...
by noyopacific
Sun Mar 29, 2015 11:41 pm
Forum: Personal Consumer Issues
Topic: Building a new house. Any recommendations?
Replies: 53
Views: 6471

Re: paper is cheap

Spend at least 1 year in the planning stage. +1 My goal would be to have planned and specified everything before you start construction. Making decisions on the fly not only adds to the pressure, change orders are extremely expensive, even when you have people working for time & materials rathe...
by noyopacific
Sat Mar 28, 2015 2:21 pm
Forum: Investing - Theory, News & General
Topic: Michael Spence: Are Equities Overvalued?
Replies: 13
Views: 1853

Re: One-armed economists

I am reminded of the time President Harry Truman asked to be sent a one-armed economist. When asked why, he replied: "I'm tired of them saying: "On the one hand, this" and "On the other hand, that". Good one ! I was going to say that compared to historic measurements equiti...
by noyopacific
Sat Mar 28, 2015 1:53 pm
Forum: Investing - Theory, News & General
Topic: "Are Index-Fund Investors Smarter?"
Replies: 29
Views: 3793

Re: "Are Index-Fund Investors Smarter?"

Googling the words: "Are Index Fund Investors Smarter" did lead me to the excellent article. I was pleased to note the authors comment: "I suspect it is less about greater intelligence and more about greater conviction." I agree! It has long been my belief that being "smart&...
by noyopacific
Thu Mar 26, 2015 8:33 pm
Forum: Investing - Help with Personal Investments
Topic: Help me understand Vanguard Small-Cap Value (VSIAX)
Replies: 8
Views: 1085

Re: Help me understand Vanguard Small-Cap Value (VSIAX)

A more solid theoretical approach would be to calculate the Fama-French factor loadings for a fund or for a portfolio depending on funds selected. I would guess that the appropriate Fama-French calculations have been done by the Center for Research in Security Prices. VSIAX tracks the CRSP Small Va...
by noyopacific
Thu Mar 26, 2015 4:47 pm
Forum: Investing - Help with Personal Investments
Topic: Help me understand Vanguard Small-Cap Value (VSIAX)
Replies: 8
Views: 1085

Re: Help me understand Vanguard Small-Cap Value (VSIAX)

The Small-Cap Value Index Fund (VSIAX) is supposed to match the CRSP U.S. Small Cap Value Index. I didn't take the time to check but will assume that it matches this benchmark as closely as is practical. I am going to assume that the $8 Bil threshold is bigger than you would consider to be considere...
by noyopacific
Tue Mar 24, 2015 4:54 pm
Forum: Investing - Theory, News & General
Topic: What Happens When Vanguard Owns Everything?
Replies: 19
Views: 5358

Re: What Happens When Vanguard Owns Everything?

Vanguard's role is definitely becoming more important with it's increased size. There's some responsibilities with that I'd like to see more efforts on, such as aligning corporate governance with the interests of the owners. I found my way to the letter Vanguard sent to Directors of it's largest in...
by noyopacific
Sat Mar 14, 2015 9:50 pm
Forum: Investing - Help with Personal Investments
Topic: DFA funds?
Replies: 11
Views: 1677

Re: DFA funds?

My "take" on DFA is that they are fine. The company was founded by people who seem to enjoy dissecting historic returns to find potential opportunities where one might find an edge in terms of risk-adjusted returns. It is a slice & dicers dream. I don't happen to share the apparent ass...
by noyopacific
Fri Mar 13, 2015 4:28 pm
Forum: Personal Finance (Not Investing)
Topic: Kit homes?
Replies: 7
Views: 927

Re: Kit homes?

I don't have any experience with log homes but looked seriously at various "kit" homes a couple of times. After I had a good idea what the kits included I compared the kits to the more traditional approach. I found that when you compare them side by side, kit homes were just a more expensi...
by noyopacific
Thu Mar 12, 2015 4:07 pm
Forum: Investing - Help with Personal Investments
Topic: Newbie looking for advice re:VWINX
Replies: 1
Views: 374

Re: Newbie looking for advice re:VWINX

Welcome to the forum and congratulations on your decision to keep a bigger share of your investment returns. It is easier on the rest of us if you use fund names rather than ticker symbols. RBLSX = Russell LifePoints Balanced Strategy Fund Class S VWINX = Vanguard Wellesley Income, VWELX = Vanguard ...
by noyopacific
Thu Mar 12, 2015 2:29 pm
Forum: Investing - Theory, News & General
Topic: Is High Frequency Trading a Problem For Bogleheads?
Replies: 42
Views: 2302

Re: Is High Frequency Trading a Problem For Bogleheads?

Do you guys think HFT is a problem on any level for Boglehead investors, who either use index-based ETFs or mutual funds? I would guess that HFT is probably a small issue for index fund investors. The managers of our funds do need to trade to manage inflows and outflows of capital as well as to adj...
by noyopacific
Wed Mar 11, 2015 7:13 pm
Forum: Investing - Theory, News & General
Topic: 100% Stocks Long Term Pro/Con
Replies: 51
Views: 4186

Re: 100% Stocks Long Term Pro/Con

A major correction in equities of 40 % or more that happens shortly before or after retirement can have a devastating effect on ones SWR (Safe Withdrawal Rate) / income for retirement. This sort of correction is not at all unusual and the market will not necessarily recover as quickly as it did the ...

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