Search found 1418 matches

by stevewolfe
Sat Aug 29, 2015 12:40 pm
Forum: Investing - Theory, News & General
Topic: Wellington (and PRWCX) - bonds complement stocks?
Replies: 9
Views: 934

Re: Wellington (and PRWCX) - bonds complement stocks?

We've been investors in T. Rowe Price Capital Appreciation for 16 years or so and its a core holding of ours. I think their philosophy is to leverage their internal analysts to uncover the best ideas and then they concentrate on those. Typically the equity side is 60 or so stocks. Bond side ranges f...
by stevewolfe
Sat Aug 22, 2015 12:12 pm
Forum: Investing - Theory, News & General
Topic: A warning on RBDs [Really Bad Days]
Replies: 46
Views: 6828

Re: A warning on RBDs [Really Bad Days]

Or they will say it was high for years, many times, and, while eventually correct, it isn't actionable on a day to day basis. “I’ve been very wary about advising people to pull out of the market even though my CAPE ratio is at one of the highest levels ever in history,” Shiller told Bloomberg in Apr...
by stevewolfe
Sat Aug 22, 2015 12:03 pm
Forum: Investing - Theory, News & General
Topic: How long will you"Stay the Course"?
Replies: 99
Views: 8676

Re: How long will you"Stay the Course"?

Other than being an interesting discussion, it's wholly unknowable. Best intentions aside, are you talking great depression type of environment ahead? No one can know what their individual circumstances may be in the future. So within reason, stay the course, but I don't know what the future holds, ...
by stevewolfe
Sat Aug 22, 2015 7:51 am
Forum: Investing - Help with Personal Investments
Topic: Vanguard forms - cap letters and black ink
Replies: 8
Views: 541

Re: Vanguard forms - cap letters and black ink

No, I've not heard of that here or elsewhere. However, when we filled them out we just went ahead and did it that way since it was a simple enough thing to accommodate.
by stevewolfe
Fri Aug 21, 2015 7:05 pm
Forum: Personal Finance (Not Investing)
Topic: With Stock Market heading south
Replies: 95
Views: 11282

Re: With Stock Market heading south

The IPS really does help you hold your feet down and not do something you'll regret.
by stevewolfe
Fri Aug 21, 2015 3:01 pm
Forum: Investing - Theory, News & General
Topic: anyone treating this as an RBD (really bad day)
Replies: 95
Views: 10150

Re: anyone treating this as an RBD (really bad day)

I did a tax loss harvest today on international side.
Bought on the domestic stock side.
by stevewolfe
Sat Aug 08, 2015 1:29 pm
Forum: Investing - Theory, News & General
Topic: What Did You Do In The 2008/2009 Stock Market Crash?
Replies: 51
Views: 3668

Re: What Did You Do In The 2008/2009 Stock Market Crash?

What I'm curious is how do you BogleHeads handle this? When you realized things where tanking and funds where loosing a lot of money did you change your current portfolio to more bonds/money market to avoid some of the losses with the equity crash and keep buying new equities while they where falli...
by stevewolfe
Fri Aug 07, 2015 8:53 pm
Forum: Personal Consumer Issues
Topic: Comcast Offers-whats the catch?
Replies: 26
Views: 2407

Re: Comcast Offers-whats the catch?

The only catch is probably that you become a Comcast customer. I wouldn't wish that on my worst enemy. This. When I go to my bank I can reach over the counter and touch a teller (not recommended) - no obstructions just air. When I go to my local Comcast office they are behind thick glass and you ha...
by stevewolfe
Fri Aug 07, 2015 3:51 pm
Forum: Forum Issues and Administration
Topic: [deleted] [SUGGESTION: Include basic stats (age, net worth, asset allocation)... when they post]
Replies: 27
Views: 1708

Re: SUGGESTION: Include basic stats (age, net worth, asset allocation) in one's portfolio when they post

rca1824 wrote:It would be nice if this card (which has empty space) included a user's basic stats: their age, their net worth, and their asset allocation.

It would lend a lot of credibility to people's opinions


I think this is a bad idea on many levels and would not share those details personally.
by stevewolfe
Sun Aug 02, 2015 9:00 pm
Forum: Investing - Theory, News & General
Topic: [How often do you check on your investments?]
Replies: 43
Views: 2157

Re: [How often do you check on your investments?]

On most business days after 6:00 pm... Look but don't touch :beer
by stevewolfe
Sun Aug 02, 2015 1:13 pm
Forum: Investing - Help with Personal Investments
Topic: Is Is Wise Not To Factor Social Security/Medicare Into Your Retirement Plans?
Replies: 20
Views: 1639

Re: Is Is Wise Not To Factor Social Security/Medicare Into You Retirement Plans?

I factor it in. However I modify the amount to match the disclaimer that says something to the effect that without changes to the program, tax revenue will cover only 77% of promised benefit. That is the number I use.
by stevewolfe
Sun Aug 02, 2015 2:49 am
Forum: Investing - Theory, News & General
Topic: "20 People You Don't Want to Invest With" by Ben Carlson
Replies: 8
Views: 1686

Re: "20 People You Don't Want to Invest With" by Ben Carlson

Browser wrote:The way I read it, some of those might apply to Bogleheads as well :confused

Particularly number 9...
by stevewolfe
Sun Jul 26, 2015 11:16 am
Forum: Personal Consumer Issues
Topic: Would you look down on a co-worker for driving a beater?
Replies: 196
Views: 13805

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

I had a corolla that was 11 years old and had 238k miles on it. If my peers looked down on me for what I drove it didn't stop them from seeking my assistance and / or expertise. I currently have a 7 year old corolla with 125k miles and plan to keep it as long as possible. I'm a software developer an...
by stevewolfe
Sun Jul 26, 2015 10:32 am
Forum: Investing - Theory, News & General
Topic: Is the commodity implosion foretelling a stock market crash?
Replies: 28
Views: 3142

Re: Is the commodity implosion foretelling a stock market crash?

I doubt that it's foretelling a stock market crash, but I'd be happy if it were. My savings rate is very high, and I'll be a net saver for many years to come. Buying low beats buying high. Assuming the crash doesn't, I don't know, cost you your job or business. Then I guess it'll no longer be a cra...
by stevewolfe
Fri Jul 24, 2015 6:17 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard and CDs
Replies: 6
Views: 987

Re: Vanguard and CDs

1) What is the difference between new issue and secondary market from any perspective (e.g., one is new and the other is resold?; risk) A new issue brokered CD can be purchased in your brokerage account (note - you need a brokerage account to purchase CD's) with no commission. Purchasing a brokered...
by stevewolfe
Fri Jul 24, 2015 6:01 pm
Forum: Investing - Help with Personal Investments
Topic: Indexing vs. Active Management
Replies: 12
Views: 978

Re: Indexing vs. Active Management

I've been an investor in T. Rowe Price Capital Appreciation (PRWCX) for 17 years or so. Outstanding fund. Changed managers three times over that period. I think T. Rowe does an outstanding job managing these transitions and supporting (or minimizing?) the impact of the manager through their fund str...
by stevewolfe
Mon Jul 20, 2015 7:42 pm
Forum: Local Chapters and Bogleheads Community
Topic: livesoft surpasses 40,000 posts!
Replies: 74
Views: 5711

Re: livesoft surpasses 40,000 posts!

And 10k about his RBD strategy! ;-) congrats!
by stevewolfe
Sun Jul 19, 2015 12:40 pm
Forum: Personal Finance (Not Investing)
Topic: Should severance be allowed to reduce emergency fund?
Replies: 23
Views: 2221

Re: Should severance be allowed to reduce emergency fund?

I'm in the tech industry. I've been through a layoff and I've also seen others get laid off, projects get cancelled and entire departments get shut down. In most cases people get 2 weeks pay per year of service, plus any accrued vacation time. In some cases they get 2 months up front, plus 2 weeks ...
by stevewolfe
Sat Jul 18, 2015 9:02 am
Forum: Personal Consumer Issues
Topic: The " Corolla" investment....
Replies: 51
Views: 5823

Re: The " Corolla" investment....

I sold my 1997 Corolla in 2008 with 239,000 miles. Other than routine maintenance, the only repair was to replace the drivers side seat belt due to sticking. I bought a 2009 Corolla to replace it and it has just under 125,000 miles on it. Knock on wood, standard maintenance only so far. Hope to keep...
by stevewolfe
Mon Jul 13, 2015 7:45 pm
Forum: Investing - Theory, News & General
Topic: Whatever happened to the advocates of CDs vs Bonds?
Replies: 58
Views: 5762

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

We have had CDs for twenty five years or so... Feel as comfortable with them as I ever have. In 2011, when everyone was saying rates would rise, we purchased 7 year CDs @3.49%. A year and a half ago, when everyone said rates would go up, we purchased a number of 5 year CDs @3.04%. Sooner or later ra...
by stevewolfe
Thu Jul 09, 2015 6:05 pm
Forum: Investing - Help with Personal Investments
Topic: Forget about Bonds?
Replies: 41
Views: 4441

Re: Forget about Bonds?

A fund of his own making it would seem... New Exponential Technology ETF: What Does It Mean for You?.
by stevewolfe
Thu Jul 09, 2015 5:45 pm
Forum: Investing - Help with Personal Investments
Topic: Forget about Bonds?
Replies: 41
Views: 4441

Re: Forget about Bonds?

It's both bad and disingenuous. Out of curiosity, I went to Edelman's website and filled out a questionnaire to get advice on AA. Edelman's own website recommended 35% bonds, based on how I answered the questionnaire. Here is link if anyone wants to try it. https://gps.ricedelman.com/ Wow. Just wow...
by stevewolfe
Thu Jul 09, 2015 5:37 pm
Forum: Investing - Help with Personal Investments
Topic: Forget about Bonds?
Replies: 41
Views: 4441

Re: Forget about Bonds?

Ric Edleman and Dave Ramsey have both recommended to stay away from bonds on any future investments. Is this just bad information or is there some truth to this based on our current economy? Bad information. Avoid the noise. Pick an allocation that is right for you, that you can stick with through ...
by stevewolfe
Mon Jul 06, 2015 5:48 pm
Forum: Investing - Theory, News & General
Topic: Four Vanguard International Equity Index changing/broadening indexes
Replies: 77
Views: 8281

Re: Four Vanguard International Equity Index changing/broadening indexes

It's not market timing at least for me. It's risk management. I don't want much exposure at all to EM and China in particular. There is no need to invest in every single niche of the investable market to have a well diversified portfolio. While my total return may be less by avoiding this end of th...
by stevewolfe
Sat Jul 04, 2015 9:30 am
Forum: Investing - Theory, News & General
Topic: U.S. Bond Market Bubble
Replies: 44
Views: 4601

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 stevewolfe
Tue Jun 30, 2015 5:11 pm
Forum: Investing - Theory, News & General
Topic: TIPS - Did you give up?
Replies: 113
Views: 12291

Re: TIPS - Did you give up?

I maintain 20% of fixed income in inflation protected bonds. I sold the last of my Vanguard TIPS fund in early 2013. Currently, we are a little underweight vs. our target for TIPS - mostly due to the annual purchase limit constraints of I-Bonds. We buy the annual limit for I-Bonds and that's what's ...
by stevewolfe
Sat Jun 27, 2015 7:15 am
Forum: Investing - Theory, News & General
Topic: Bogleheads are more aggressive...
Replies: 57
Views: 6848

Re: Bogleheads are more aggressive...

Simplegift wrote:Image


Hey there I am at 43 and 40% stocks :beer
I think this chart sums things up pretty well that there is a general glide path from upper left to lower right. Thanks for assembling the data!
by stevewolfe
Wed Jun 24, 2015 1:48 pm
Forum: Investing - Theory, News & General
Topic: What ratio are you stocks/bonds and how old are you?
Replies: 278
Views: 28738

Re: What ratio are you stocks/bonds and how old are you?

43 / 41. 40% stock, 60% fixed income.
by stevewolfe
Sat Jun 20, 2015 10:46 am
Forum: Investing - Theory, News & General
Topic: Vanguard international fund tracking error
Replies: 10
Views: 741

Re: Vanguard international fund tracking error

. You need to read the lower part of Page 5 of the report that covers fair-value pricing. Because of the fair value pricing that Vanguard has to use for foreign funds, the numbers in the reports for the foreign funds are off quite frequently (as David pointed out while I was researching the page nu...
by stevewolfe
Sat Jun 20, 2015 10:45 am
Forum: Investing - Theory, News & General
Topic: Vanguard international fund tracking error
Replies: 10
Views: 741

Re: Vanguard international fund tracking error

grabiner wrote:Vanguard's index is 19% emerging markets, while most diversified international funds hold very little in emerging markets. Thus, when developed markets outperform emerging markets, an index including emerging markets will underperform its peer group.


That makes sense, thank you.
by stevewolfe
Sat Jun 20, 2015 10:38 am
Forum: Investing - Theory, News & General
Topic: Vanguard international fund tracking error
Replies: 10
Views: 741

Re: Vanguard international fund tracking error

Thanks for the above - the information came from here: Fund Report. The report date is 2015-04-30, the returns table is on page 1 (3rd page of the PDF). Oddly the international funds average for the same period is 5.82% - well north of the 4.98% return of the admiral share class of the index.
by stevewolfe
Sat Jun 20, 2015 6:57 am
Forum: Investing - Theory, News & General
Topic: Vanguard international fund tracking error
Replies: 10
Views: 741

Vanguard international fund tracking error

I just received a notification from Vanguard that the FTSE All-World Ex-US fund report was available on their site. So I grabbed a copy of it and noticed the 6 month fund performance in which it listed: Admiral Shares (e.g., VFWAX, the fund I hold): 4.98% return vs FTSE All-World Ex-US index: 6.00% ...
by stevewolfe
Wed Jun 17, 2015 7:08 pm
Forum: Personal Consumer Issues
Topic: Your Top 10 Bands and Top 10 Movies
Replies: 30
Views: 3843

Re: Your Top 10 Bands and Top 10 Movies

Favorite bands
Bad religion
Rancid
The clash
Midnight oil
Smiths
Pennywise
Ministry
Shelter
U2
Tori Amos

Favorite movies
Breakfast club
Some kind of wonderful
The empire strkes back
Grand Budapest hotel
Matrix
Wizard of oz (watching with my mom)
Dr strangelove
V for vendetta
by stevewolfe
Tue Jun 16, 2015 5:12 pm
Forum: Investing - Theory, News & General
Topic: Obtaining Exposure to Quality / Profitability Factor
Replies: 47
Views: 3546

Re: Obtaining Exposure to Quality / Profitability Factor

JohnnyFive wrote:I simply can't fathom why those who don't believe in tilting persist in their attempts at dissuading those who do, in threads specifically related to tilting.


For the same reason folks that tilt continue to try and persuade 3 fund folks to tilt on 3 fund threads? :beer
by stevewolfe
Sun Jun 14, 2015 6:31 pm
Forum: Investing - Theory, News & General
Topic: Grexit ?
Replies: 29
Views: 3282

Re: Grexit ?

Politics. Unless there is something actionable, it's a violation of the forum policy.
by stevewolfe
Fri Jun 12, 2015 1:01 pm
Forum: Personal Consumer Issues
Topic: Do you telecommute?
Replies: 21
Views: 2123

Re: Do you telecommute?

How many of you non-retired folks telecommute some or all of your work week? How long have you been doing it for? I have been for a number of years, as have several colleagues, and it's very strange how every couple years, after some re-org or management change, there is a lingering threat that it ...
by stevewolfe
Mon Jun 08, 2015 4:39 pm
Forum: Investing - Theory, News & General
Topic: There’s No Place to Hide as Bonds Move in Tandem With Equities?
Replies: 18
Views: 2918

Re: There’s No Place to Hide as Bonds Move in Tandem With Equities?

I guess that's why I hold I-Bonds.
And CD's.
And Stable Value in my 401(k).

And yes, Total Bond market index. But the first 3 don't generate click through...
by stevewolfe
Mon Jun 01, 2015 7:08 pm
Forum: Investing - Theory, News & General
Topic: What determines I bonds annual purchase limit, if anything
Replies: 14
Views: 1217

Re: What determines I bonds annual purchase limit, if anything

dbCooperAir wrote:I guess I should have framed the question more of what metric is used to set the limit, it seems to be all over the map.

If there is an internal metric, they haven't - to the best of my knowledge - made it public. Seems to be the program goals as stated above are open to interpretation.
by stevewolfe
Mon Jun 01, 2015 5:25 pm
Forum: Investing - Theory, News & General
Topic: What determines I bonds annual purchase limit, if anything
Replies: 14
Views: 1217

Re: What determines I bonds annual purchase limit, if anything

As best I can tell, it's set by US Treasury on a whim. Last time the limit was cut to $5,000 - from $30,000 on December 3, 2007, it went into effect on January 1, 2008... Here's what they had to say at the time: http://www.savingsbonds.gov/news/pressroom/pressroom_reducedpurchaselimit.htm I particul...
by stevewolfe
Sat May 30, 2015 3:24 pm
Forum: Personal Consumer Issues
Topic: Sling TV experiences
Replies: 12
Views: 1834

Re: Sling TV experiences

We had sling for a 7 day trial period right after launch and canceled it. We have comcast performance cable internet. The service was having buffering issues intermittently. The picture quality was very good. Then Game of Thrones started and they have the $15 add on for HBO, so we thought we'd try i...
by stevewolfe
Sat May 30, 2015 9:36 am
Forum: Investing - Theory, News & General
Topic: 25 Month CD at 2.27% at US Alliance Federal Credit Union
Replies: 24
Views: 4554

Re: 25 Month CD at 2.27% at US Alliance Federal Credit Union

Though we have some 5 year CDs at Synchrony Bank I've noticed that there EWP provisions are a little on the sneaky side, at least it seems so to me. The Synchrony Bank EWP rates are based on the current rate at the time of withdrawal and not the CD rate. If rates start to rise and you decide you're...
by stevewolfe
Sun May 17, 2015 11:21 am
Forum: Investing - Theory, News & General
Topic: new i-bond rate?
Replies: 28
Views: 5162

Re: new i-bond rate?

Yes, but I can always repurchase at the end of November if rates go back higher and start earning that period's interest rate right away (Nov-April '16). If anything I can cash out in early August and put it in a savings account and at least earn some interest until the end of November. I haven't b...
by stevewolfe
Sat May 16, 2015 6:44 pm
Forum: Investing - Help with Personal Investments
Topic: comparing Stable Value to Bond funds
Replies: 4
Views: 567

Re: comparing Stable Value to Bond funds

It always seems to me that a single SV fund in a single employer's plan has to have some idiosyncratic risk a diversified bond fund would not have. I am not aware of any instances of failed or fraudulent SV funds in anyone's 401K, but I would not hold an excessive fraction of my total wealth in one...
by stevewolfe
Sat May 16, 2015 9:28 am
Forum: Investing - Theory, News & General
Topic: Emerging Markets: Yes or No?
Replies: 56
Views: 5231

Re: Emerging Markets: Yes or No?

What western goods? The only things that I am aware of that are made in the USA are cruise missiles, bombs, and fighter planes. I don't think the young population buying any of these. As I sit here at the breakfast table and look around me, I only see Asian goods. Those "western goods" ma...
by stevewolfe
Fri May 01, 2015 11:01 am
Forum: Personal Finance (Not Investing)
Topic: I bonds at 0% -- still useful as emergency fund?
Replies: 4
Views: 1166

Re: I bonds at 0% -- still useful as emergency fund?

I don't see why I-bonds would not still be useful for your emergency fund. They are, in effect, after 12 months inflation protected cash (with a 3 month penalty to 5 years). If you want to protect your emergency fund from inflation, I don't know why you'd sell the IBonds. If you want to maximize you...
by stevewolfe
Fri May 01, 2015 10:54 am
Forum: Investing - Theory, News & General
Topic: Who's Buying I Bonds Now?
Replies: 39
Views: 3615

Re: Who's Buying I Bonds Now?

The Treasury just announced the May-Oct 31 rates. Series I Bonds have a fixed rate of 0.00% and an variable rate of 0.00%. A big fat ZERO!! Who's buying now? Series EE bonds are paying 0.30% for the first 19 years and 11 months, 29 days. Year 20 the bond will be worth twice it's purchase price. We ...
by stevewolfe
Sun Apr 26, 2015 1:01 pm
Forum: Investing - Help with Personal Investments
Topic: Which stock fund is the least volatile in bear market?
Replies: 13
Views: 1658

Re: Which stock fund is the least volatile in bear market?

I'm a bit surprised by your surprise that a fund designed to track the market - like the total market fund - would - track the market - both up and down. I think it's futile trying to predict what segment of the market may perform better relative to the rest in the next crisis. Here's why: * 2008 fi...
by stevewolfe
Sun Apr 26, 2015 11:30 am
Forum: Investing - Theory, News & General
Topic: Does anyone use the 50-day or 200-day moving average?
Replies: 12
Views: 1101

Re: Does anyone use the 50-day or 200-day moving average?

No, I don't look at 50 / 100 day averages, Shiller P/E, etc.
by stevewolfe
Fri Apr 24, 2015 12:09 pm
Forum: Personal Consumer Issues
Topic: What do you drive, and why?
Replies: 249
Views: 27378

Re: What do you drive, and why?

2009 Toyota Corolla bought new in 2008. 121k miles. Reliable, economical, safe enough for me.
2005 Subaru Forester bought new in 2004. 168k miles. Super safe, wife likes it, economical enough.
by stevewolfe
Fri Apr 24, 2015 8:34 am
Forum: Investing - Theory, News & General
Topic: What is a Boglehead?
Replies: 55
Views: 3687

Re: What is a Boglehead?

Cost Matters Period

Go to advanced search