Search found 1136 matches

by scone
Mon Jul 27, 2015 9:44 am
Forum: Personal Consumer Issues
Topic: Would you look down on a co-worker for driving a beater?
Replies: 130
Views: 7120

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

There are some professions where appearances definitely do matter, such as advertising, marketing, sales, and especially anything having to do with design. Appearances definitely matter to certain types of career military officers as well, but the emphasis is on the discipline implied by having your...
by scone
Fri Jul 24, 2015 2:55 pm
Forum: Investing - Help with Personal Investments
Topic: Sold a house, bought a house – now, what to do with savings?
Replies: 7
Views: 909

Re: Sold a house, bought a house – now, what to do with savings?

Do you have tax advantaged accounts, like 401k? That makes a difference, as some people would say use the tax advantaged for bonds, and taxable for stock, so you can tax loss harvest. OTOH, if you are very risk averse, you might like a simple ladder of CDs-- you "break into" the lowest run...
by scone
Fri Jul 24, 2015 9:49 am
Forum: Investing - Theory, News & General
Topic: My thoughts on the Greek crisis
Replies: 8
Views: 1559

Re: My thoughts on the Greek crisis

Thank you, once again! I've actually been buying, not selling, as I hit my band recently. Sticking with my Merriman/Big Rocks allocation. :sharebeer
by scone
Tue Jul 14, 2015 10:53 am
Forum: Personal Finance (Not Investing)
Topic: My Dad Opened A HELOC Out of Nowhere: What Do I Need To Watch Out For?
Replies: 12
Views: 1614

Re: My Dad Opened A HELOC Out of Nowhere: What Do I Need To Watch Out For?

Just because they got a HELOC (if that's what it is), doesn't mean they have to use it. You can help by studying this product in detail, and educating them, noting the dangers if it is misused. If the HELOC costs them nothing, and it's cheaper than a credit card, with tax deductible interest, it mig...
by scone
Fri Jul 10, 2015 12:39 pm
Forum: Personal Consumer Issues
Topic: Good Low ER Fidelity Indexes
Replies: 16
Views: 675

Re: Good Low ER Fidelity Indexes

FLBAX has an ER of .10%, as does FSBAX for short term, FIBAX for intermediate, and FSIYX for TIPS.
by scone
Fri Jul 10, 2015 12:25 pm
Forum: Investing - Help with Personal Investments
Topic: reassurance
Replies: 20
Views: 1189

Re: reassurance

I'm in the same boat, as I had to buy quite a bit more stock, due to selling a house prior to retirement. Intellectually, I know I did the right thing. Emotionally, it's hard to see those dollars go bye-bye. But I'm told they will come back someday, bringing their buddies with them. It seems to me, ...
by scone
Fri Jul 10, 2015 11:41 am
Forum: Investing - Help with Personal Investments
Topic: U.S. Reserve Currency Status [Target Retirement fund or gold?]
Replies: 12
Views: 992

Re: U.S. Reserve Currency Status

I've read that the U.S. may lose its place as the world's reserve currency in October or November this year. Would it be beneficial to replace Target Retirement funds with a gold etf? I lack knowledge and need advice. Thanks all. Pure, unadulterated nonsense. There are lots of doomer sites that wan...
by scone
Wed Jul 08, 2015 4:57 pm
Forum: Investing - Help with Personal Investments
Topic: Looking at the bond portion of portfolio
Replies: 4
Views: 657

Re: Looking at the bond portion of portfolio

Welcome! :happy

Dodix is sort of redundant. You don't need the income, but you do need portfolio protection. IIWY I'd sell it and buy an intermediate Treasury fund-- I use FIBAX, which is cheap at .10% ER.
by scone
Wed Jul 08, 2015 11:33 am
Forum: Investing - Help with Personal Investments
Topic: NYSE trading halted [for more than 3 hours]
Replies: 32
Views: 2951

Re: NYSE trading halted

I've noticed a lot of problems with the net recently, both slow downs and crashes. Traffic/router issues?
by scone
Tue Jul 07, 2015 2:46 pm
Forum: Personal Consumer Issues
Topic: Architecture / Home Design Book Recommendation
Replies: 6
Views: 373

Re: Architecture / Home Design Book Recommendation

Are you looking for "inspiration" or a practical guide to design? If the latter, then you want something like Make Your House Do the Housework or Build it Right . If you go to the relevant Amazon page for either of these books, you will see others. The basic thing to figure out is your nee...
by scone
Mon Jul 06, 2015 7:32 pm
Forum: Investing - Help with Personal Investments
Topic: Meb Faber's Cambria Global Asset Allocation Fund (GAA)
Replies: 16
Views: 845

Re: Meb Faber's Cambria Global Asset Allocation Fund (GAA)

^ Just to be fair, the article I linked says it's a passive buy and hold strategy. No mention of tactical. It seems to be a loss leader designed to compete with roboadvisors.
by scone
Mon Jul 06, 2015 6:50 pm
Forum: Investing - Help with Personal Investments
Topic: Meb Faber's Cambria Global Asset Allocation Fund (GAA)
Replies: 16
Views: 845

Re: Meb Faber's Cambria Global Asset Allocation Fund (GAA)

You could do a lot worse. According to this article, it really is .29% ER: http://www.etf.com/sections/features/24016-new-meb-faber-etf-an-industry-disrupter.html It's a fund of funds, lots of familiar Vanguard, iShares, etc. funds, with lots of diversification: http://www.cambriafunds.com/gaa-holdi...
by scone
Mon Jul 06, 2015 9:41 am
Forum: Forum Issues and Administration
Topic: [Forum running slow]
Replies: 43
Views: 2565

Re: Slow down?

Yes, very slow, and sometimes hangs.
by scone
Sun Jul 05, 2015 5:20 pm
Forum: Investing - Theory, News & General
Topic: The next Lehman - this week? [Greek default]
Replies: 237
Views: 25852

Re: The next Lehman - this week? [Greek default]

The VIX ticked up, and the euro fell down, but Shanghai, oh my! :D
by scone
Sat Jul 04, 2015 8:31 am
Forum: Investing - Help with Personal Investments
Topic: Allocations for my 401K
Replies: 27
Views: 2006

Re: Allocations for my 401K

Company Stock - 3 Stock Investments Company COMMON STOCK [fixed -- admin LadyGeek]

^ IIWY I'd edit this to "company stock" so you can retain some privacy.
by scone
Sat Jul 04, 2015 8:26 am
Forum: Investing - Help with Personal Investments
Topic: I feel restless........not sure what to do, and which route to take!
Replies: 11
Views: 2447

Re: I feel restless........not sure what to do, and which route to take!

(Ditto on the private schools.) You sound like a high energy person who likes to make money. When I read your post I instantly thought "entrepreneur." Why not consider starting a small home business, or maybe becoming a real estate agent? Instead of the expensive home, hire a babysitter an...
by scone
Fri Jul 03, 2015 9:59 am
Forum: Personal Finance (Not Investing)
Topic: financial adviser told me not to invest too much in 401k
Replies: 92
Views: 10063

Re: Investing in a 401k ?

Wes: You have not given us any information about your company's 401k Plan. Most 401k's are excellent investments although some are inferior. In a traditional 401k the contributions are tax-deductible; and the earnings are tax-free. No insurance company product has these combined advantages. The bes...
by scone
Fri Jul 03, 2015 9:53 am
Forum: Personal Consumer Issues
Topic: Negotiating cost for cremation & burial?
Replies: 19
Views: 2193

Re: Negotiating cost for cremation & burial?

I am sorry for your friend's loss.

Was the son a veteran? If so, the VA may be able to help: http://www.cem.va.gov/burial_benefits/
by scone
Fri Jul 03, 2015 5:49 am
Forum: Personal Finance (Not Investing)
Topic: financial adviser told me not to invest too much in 401k
Replies: 92
Views: 10063

Re: financial adviser told me not to invest too much in 401k

She's just biased, because she won't get paid any commissions for anything that's already in your 401k. Also, there's really no basis for saying historically tax rates will go up. Do a search on historical marginal tax rates - - they've been as high as 90% in the 40's and they've gone down consider...
by scone
Fri Jul 03, 2015 5:29 am
Forum: Investing - Theory, News & General
Topic: What is the Duration of Your Bond Portfolio? And Why?
Replies: 61
Views: 5606

Re: What is the Duration of Your Bond Portfolio? And Why?

^ Well, you could do that, but OTOH I'm not sure there's any point in worshiping rigid rules for their own sake. The rules are supposed to exist to serve the investor and her portfolio, and if circumstances change in some major material way, then maybe it's time for a review. IMO, flexibility should...
by scone
Thu Jul 02, 2015 2:47 pm
Forum: Investing - Theory, News & General
Topic: What is the Duration of Your Bond Portfolio? And Why?
Replies: 61
Views: 5606

Re: What is the Duration of Your Bond Portfolio? And Why?

It used to look like this: AGG clone (BlackRock collective investment trust) FSBAX (Fido short term Treasuries) FIBAX (Fido intermediate Treasuries) FLBAX (Fido long term Treasuries) I had a lot of short and intermediate, plus a small amount of long. The thinking was to go "across the curve&quo...
by scone
Wed Jul 01, 2015 3:09 pm
Forum: Investing - Help with Personal Investments
Topic: Too high Intra-Portfolio Correlation (IPC)?
Replies: 28
Views: 1396

Re: Too high Intra-Portfolio Correlation (IPC)?

Thank you, that's very good to know. I suppose that might be in the interest of diversification, as corporate bonds obviously carry a heavy correlation with the way the stock market is faring? Yes, typically. If you used the money in cash and corporate bonds to buy an intermediate Treasury fund, yo...
by scone
Tue Jun 30, 2015 10:50 am
Forum: Investing - Theory, News & General
Topic: excellent summary of the Greek crisis by U of Chicago Professor
Replies: 45
Views: 8463

Re: excellent summary of the Greek crisis by U of Chicago Professor

It's been a lesson in comparative history-- I'm beginning to understand why Alexander Hamilton was so passionate in his views. It has also been a very clear lesson on how the international bond market works, or sometimes, doesn't work. Here's hoping the situation eventually gets resolved without a h...
by scone
Sun Jun 28, 2015 6:46 pm
Forum: Investing - Theory, News & General
Topic: The next Lehman - this week? [Greek default]
Replies: 237
Views: 25852

Re: The next Lehman - this week? [Greek default]

OTOH, if there really is a lot of "cash on the sidelines," where people missed out on buying the last time, then the dip might be brief. It would be interesting if the market jiggled around such that I hit my bands down and up! I've never experienced that before. :D
by scone
Sun Jun 28, 2015 5:50 pm
Forum: Investing - Theory, News & General
Topic: The next Lehman - this week? [Greek default]
Replies: 237
Views: 25852

Re: Greece impact on US markets Monday morning

frugalecon wrote:I think it will be interesting to see how big the move is in Treasuries. 10 year closed a bit below 2.48 on Friday. I wonder if we will be back in the 2.2s.


Across the curve is all over the story.
by scone
Sun Jun 28, 2015 5:36 pm
Forum: Investing - Theory, News & General
Topic: The next Lehman - this week? [Greek default]
Replies: 237
Views: 25852

Re: Greece impact on US markets Monday morning

^ I've hit my band, so I'm already buying. :happy
by scone
Sun Jun 28, 2015 4:14 pm
Forum: Investing - Theory, News & General
Topic: AQR/Asness: Stocks, Bonds: Bleak Outlook
Replies: 108
Views: 8726

Re: AQR/Asness: Stocks, Bonds: Bleak Outlook

One of my favorite things about FIREcalc is the output chart, which with my inputs, always shows a "funnel like" range of results. This is based on past history, of course, but to me it demonstrates that I don't have total control over outcomes-- some of it is determined by grand historic...
by scone
Sat Jun 27, 2015 9:06 am
Forum: Investing - Theory, News & General
Topic: AQR/Asness: Stocks, Bonds: Bleak Outlook
Replies: 108
Views: 8726

Re: AQR/Asness: Stocks, Bonds: Bleak Outlook

One of my favorite things about FIREcalc is the output chart, which with my inputs, always shows a "funnel like" range of results. This is based on past history, of course, but to me it demonstrates that I don't have total control over outcomes-- some of it is determined by grand historica...
by scone
Thu Jun 25, 2015 11:40 am
Forum: Personal Finance (Not Investing)
Topic: Buying a home
Replies: 7
Views: 692

Re: Buying a home

Usually, the 7 year minimum rule of thumb works, so I would stick to that unless rentals are likely to become really crazy in your region. For example, we just downsized into a home that we will sell in just a couple of years, but the rentals here are so extremely expensive, it just doesn't make sen...
by scone
Thu Jun 25, 2015 11:31 am
Forum: Investing - Theory, News & General
Topic: AQR/Asness: Stocks, Bonds: Bleak Outlook
Replies: 108
Views: 8726

Re: AQR/Asness: Stocks, Bonds: Bleak Outlook

The article doesn't seem to specify which stock and bond markets are "expensive," but I suppose that means the American markets. I'd love to see some calculations done with domestic/international splits.
by scone
Tue Jun 23, 2015 3:50 pm
Forum: Investing - Theory, News & General
Topic: What was the 2008 crash like in real time?
Replies: 218
Views: 23779

Re: What was the 2008 crash like in real time?

I had no strategy in 2008 and no real experience investing. But I was a history major in school, and I come from a family hit hard by the Great Depression, so I could visualize some of the scenarios. The nightmares were particularly vivid. It wasn't just the stock market that scared me, it was the p...
by scone
Fri Jun 19, 2015 4:50 pm
Forum: Investing - Theory, News & General
Topic: Slice and Dice Review
Replies: 16
Views: 1375

Re: Slice and Dice Review

One thing I learned through the original backtester, and then Portfolio Visualizer, is that drawdowns kill your returns. Try focusing on reducing drawdowns, using three different allocations. You can use three of the model portfolios as starting points. Hint: you don't really need gold or the long b...
by scone
Fri Jun 19, 2015 3:10 pm
Forum: Personal Finance (Not Investing)
Topic: Stock bubble, bond bubble - I'm worried!
Replies: 16
Views: 2499

Re: Stock bubble, bond bubble - I'm worried!

Skimming your prior posts, it seems to me you are taking on a lot of worries unnecessarily, even if from the best of motives. You are helping out your family financially, giving friends advice, etc. This is very kind of you, but it could also be increasing your stress level. IIWY I really would stop...
by scone
Fri Jun 19, 2015 2:48 pm
Forum: Personal Consumer Issues
Topic: OPM breach and credit freeze
Replies: 194
Views: 16831

Re: OPM breach and credit freeze

I think it would be foolish to rely on anything coming out of OPM-- they are going to be in massive CYA mode going forward. I would be shocked at the staggering level of incompetence, if I hadn't seen similar things going on in other organizations. I think you also need to assume that if you have be...
by scone
Thu Jun 18, 2015 10:07 am
Forum: Investing - Theory, News & General
Topic: A Look Inside Jack Bogle's Office
Replies: 27
Views: 5143

Re: A Look Inside Jack Bogle's Office

Thanks, this is a real treat! I hope he has UV resistant glass on the pictures, so they don't fade.
by scone
Thu Jun 18, 2015 9:44 am
Forum: Investing - Help with Personal Investments
Topic: Change of heart on bonds
Replies: 29
Views: 4585

Re: Change of heart on bonds

I'm kind of going in the opposite direction myself, since we've exceeded our goal and are very close to retirement. We could raise our stock allocation by 10% and still be quite safe. One easy way to do that might be to withdraw from the bond/cash allocation in the early years of retirement. For you...
by scone
Wed Jun 17, 2015 4:42 pm
Forum: Investing - Help with Personal Investments
Topic: Not enough risk, open new fund?
Replies: 7
Views: 852

Re: Not enough risk, open new fund?

Welcome aboard! :happy The STAR fund certainly isn't a horrible choice, especially if you like an "all in one" solution. Although Vanguard does offer other one-fund choices that are a little cheaper, like the Lifestrategy series. STAR has plenty of risk, which is a complicated topic, so yo...
by scone
Fri Jun 12, 2015 4:21 pm
Forum: Personal Finance (Not Investing)
Topic: Unsure of the process of paying off mortgage early (all at once)
Replies: 30
Views: 3534

Re: Unsure of the process of paying off mortgage early (all at once)

Don't forget a lovely thank-you letter to the giver, possibly with a selfie of you at the bank actually paying it off. Congratulations! :beer
by scone
Wed Jun 10, 2015 6:14 pm
Forum: Investing - Theory, News & General
Topic: Interest rates are rising - is it inflation?
Replies: 15
Views: 1840

Re: Interest rates are rising - is it inflation?

Not much inflation right now. There are several "constructed narratives" out there, which might explain it. One is (obviously) the prospect of the Fed raising interest rates this year-- this is a bit like the "Taper Tantrum" a couple of years ago. Another thing is a perceived &qu...
by scone
Thu Jun 04, 2015 10:27 am
Forum: Investing - Help with Personal Investments
Topic: The Ultimate Buy and Hold Portfolio - Do I Need All These Funds?
Replies: 23
Views: 3095

Re: The Ultimate Buy and Hold Portfolio - Do I Need All These Funds?

It seems to me you really can't eliminate "tracking error," and that's not necessarily a bad thing. Obviously, you can't buy an index directly-- you buy a mutual fund or ETF that tracks an index, but it has a cost: the expense ratio and any other costs you have to buy it. So your performan...
by scone
Wed Jun 03, 2015 1:21 pm
Forum: Investing - Help with Personal Investments
Topic: The Ultimate Buy and Hold Portfolio - Do I Need All These Funds?
Replies: 23
Views: 3095

Re: The Ultimate Buy and Hold Portfolio - Do I Need All These Funds?

I can't tell you whether you "need" this portfolio, but I can tell you why I picked it: diversification. It's a very comprehensive list of asset classes, but still easily manageable for me. I considered Trev's 4-fund simplification, but I knew if emerging markets or REITs were having a mom...
by scone
Wed May 20, 2015 6:31 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio review request - headed in right direction?
Replies: 6
Views: 524

Re: Portfolio review request - headed in right direction?

^ Sounds good, and remember, it doesn't have to be perfect, as you will be adding to it, and possibly changing jobs, for many years.
by scone
Wed May 20, 2015 11:56 am
Forum: Personal Finance (Not Investing)
Topic: Need Budgeting Help ASAP!
Replies: 42
Views: 2113

Re: Need Budgeting Help ASAP!

^^^That's not going to fly in NYC. You are comparing apples to oranges - what a couple does vs. what a single must do. Actually, it worked for me when I was single in NYC and Los Angeles. It also worked for long periods after I was married, when I couldn't work due to medical issues (so one salary ...
by scone
Wed May 20, 2015 10:48 am
Forum: Personal Finance (Not Investing)
Topic: Need Budgeting Help ASAP!
Replies: 42
Views: 2113

Re: Need Budgeting Help ASAP!

I'm going to suggest a very different approach than the others have given. It has worked for my husband and I for over 25 years. Basically, we do not "budget" at all. We simply save first , and live on whatever is left. If there are salary increases or bonuses, they are saved. Importantly,...
by scone
Wed May 20, 2015 10:08 am
Forum: Investing - Help with Personal Investments
Topic: Portfolio review request - headed in right direction?
Replies: 6
Views: 524

Re: Portfolio review request - headed in right direction?

You have some overlap here, including a couple of funds that are relatively expensive and don't seem to add much to diversification: Harbor International Fund Institutional Class (HAINX) ER = 0.75 American Funds EuroPacific Growth Fund Class R-6 (RERGX) ER = 0.49 If it were my money, I'd sell these ...
by scone
Thu May 14, 2015 6:58 pm
Forum: Investing - Help with Personal Investments
Topic: Critique my FA set up IRA
Replies: 14
Views: 825

Re: Critique my FA set up IRA

It's pretty simple, really. If a fund earns 5% in a year, and costs you 1%, that's a big chunk of change that's going into someone else's pocket. If you also subtract inflation and taxes from the earnings, you aren't making much of anything. And this 1% loss compounds year after year. What you are p...
by scone
Thu May 14, 2015 6:41 pm
Forum: Investing - Theory, News & General
Topic: Why is Vanguard's Web Site So Bad?
Replies: 64
Views: 5642

Re: Why is Vanguard's Web Site So Bad?

It's not just Vanguard. Fido's end user software is an annoying patchwork of poorly integrated products that should be totally overhauled, or scrapped. But don't hold your breath. A lot of companies view IT as a cost center, not a profit center. For that matter, even computer companies don't always ...
by scone
Thu May 14, 2015 11:23 am
Forum: Investing - Theory, News & General
Topic: One stop shopping for moderate US tilt?
Replies: 2
Views: 291

Re: One stop shopping for moderate US tilt?

Looking at it from another POV, if most of your bonds are domestic, you are already "tilted" on that side. I'm 30% equity, half international and EM. But all my bonds are domestic, so I'm overwhelmingly "tilted" domestic.
by scone
Thu May 14, 2015 11:07 am
Forum: Personal Finance (Not Investing)
Topic: Please help me pick the right priced/location condo!
Replies: 7
Views: 678

Re: Please help me pick the right priced/location condo!

Typically banks will lend about 3x your income, which is not the same as what you can afford, of course. But $150,000 on an income of $65,000 certainly isn't extravagant. The main thing is your safety and health. Mice and rats, and their fleas, carry disease. Dangerous neighborhoods aren't worth it,...
by scone
Wed May 13, 2015 11:22 am
Forum: Investing - Help with Personal Investments
Topic: International Small Cap
Replies: 24
Views: 2208

Re: International Small Cap

These Fido funds are expensive. I use Vanguard VSS and iShares IEIS.

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