Search found 1406 matches

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: 172
Views: 10544

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: 3040

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: 937

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: 931

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: 4891

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: 2162

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: 5656

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: 5605

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: 4184

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: 4184

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: 4184

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: 8096

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: 4503

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: 112
Views: 11617

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: 6615

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: 27863

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: 711

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: 711

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: 711

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: 711

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: 3765

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: 3475

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: 3197

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: 2045

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: 2878

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: 1187

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: 1187

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: 1772

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: 15
Views: 2705

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: 5100

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: 562

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: 4851

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: 1127

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: 3468

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: 1608

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: 1073

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: 26781

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: 3481

Re: What is a Boglehead?

Cost Matters Period
by stevewolfe
Fri Apr 24, 2015 7:39 am
Forum: Personal Consumer Issues
Topic: Who still have Cable TV?
Replies: 63
Views: 3861

Re: Who still have Cable TV?

Who still have Cable TV? $100 bucks a month. What a waste. We do. Our cable costs us $0.50 cents more per month (e.g., $20.50 all in taxes, fees, etc) than the $20 surcharge would be if we turned it off entirely and kept only the broadband internet service. For that 50 cents a month we get 23 chann...
by stevewolfe
Thu Apr 23, 2015 5:55 pm
Forum: Investing - Theory, News & General
Topic: Age in Bonds Poll
Replies: 72
Views: 4556

Re: Age in Bonds Poll

I don't follow age in bonds as it's too much equity for me. I'm 43, wife 41 and we've been 35% stocks - 40% stocks and the rest in fixed income for nearly 20 years. We plan to keep that allocation for the duration. We sleep well at night and just save more. Like Taylor says, there is more than one r...
by stevewolfe
Mon Apr 20, 2015 5:40 pm
Forum: Personal Consumer Issues
Topic: Can SiriusXM Radio damage my credit rating?
Replies: 15
Views: 1388

Re: Can SiriusXM Radio damage my credit rating?

mac_guy wrote:Well, see I never technically "used" the service. I haven't tuned to a satellite station in months.


Irrelevant. Pay your debt.
by stevewolfe
Sun Apr 19, 2015 5:09 pm
Forum: Investing - Theory, News & General
Topic: Active Stock Investing vs. Active Real Estate Investing
Replies: 2
Views: 398

Re: Active Stock Investing vs. Active Real Estate Investing

A friend of mine is landlord on the side. I have observed a good bit of stress in discussions over the years, along with frustration of things outside his control (local code / ordinance changes). Recently he was on a bit of a tirade because a municipality where he owned properties was considering a...
by stevewolfe
Thu Apr 16, 2015 6:34 pm
Forum: Investing - Theory, News & General
Topic: I and EE Bonds - What will the new rate be?
Replies: 18
Views: 2396

Re: I and EE Bonds - What will the new rate be?

Treasury rates have declined over the past six months, so I doubt savings bonds rates will rise. My guess: EE bonds: 0.1% I bonds: 0% +1. This is my thinking as well - effective rate on I at 0% (after correcting since it can't be negative) and EE bonds staying at 0.1%. I hope they don't mess with t...
by stevewolfe
Wed Apr 15, 2015 3:33 pm
Forum: Investing - Theory, News & General
Topic: [retired guy said] terrible crash is coming
Replies: 71
Views: 9238

Re: [retired guy said] terrible crash is coming

riptide wrote: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 ??

No and neither does he...
by stevewolfe
Sat Apr 11, 2015 8:15 am
Forum: Forum Issues and Administration
Topic: How does this site make money?
Replies: 39
Views: 6914

Re: How does this site make money?

Also note the Amazon link in the upper right. If you click through to Amazon, a small referral fee is paid back to the site (based on your purchases) to help defray costs.
by stevewolfe
Fri Apr 10, 2015 5:45 pm
Forum: Investing - Help with Personal Investments
Topic: Looking at buying bonds - PTRRX, vanguard?
Replies: 2
Views: 350

Re: Looking at buying bonds - PTRRX, vanguard?

Why that fund in particular? What makes you want to consider this change now? It would seem that the stocks are doing the heavy lifting in the portfolio, 10% in cash vs. 2% in cash and 8% in PTRRX isn't going to be that big a difference in total return. At 90% stock possibly long term treasuries wou...
by stevewolfe
Fri Apr 10, 2015 5:27 am
Forum: Investing - Theory, News & General
Topic: Target Retirement 2015 has Bonds = Age - 15%?
Replies: 3
Views: 597

Re: Target Retirement 2015 has Bonds = Age - 15%?

You pick the target fund based on your desired asset allocation (in my opinion) not based on the year in the name closest to your retirement.
by stevewolfe
Wed Apr 08, 2015 7:28 pm
Forum: Investing - Theory, News & General
Topic: "The Real Point of Active Investing"
Replies: 10
Views: 1823

Re: "The Real Point of Active Investing"

Do you agree that using the phrase “The goal of active investing is to outperform the market” is "one-dimensional" thinking? Yes, to some degree. When I started investing in the late 90's I invested in T. Rowe Price Capital Appreciation (PRWCX) and have held this fund ever since. It's the...
by stevewolfe
Wed Apr 08, 2015 5:32 pm
Forum: Personal Finance (Not Investing)
Topic: Nailed it! $223,199/yr: magic# for making it in SF Bay Area
Replies: 117
Views: 12839

Re: Nailed it! $223,199/yr: magic# for making it in SF Bay A

Let me ask you something - have you roamed the corridors of any tech company worth their salt ? How many > 50yr olds do you see ? At 3/4 mega corp IT companies I've been in (all 3 Fortune 500), there is an annual purge of anyone > 50. Come January/Feb there is a letter that HR issues offering 6 mon...
by stevewolfe
Tue Apr 07, 2015 6:33 pm
Forum: Personal Finance (Not Investing)
Topic: Nailed it! $223,199/yr: magic# for making it in SF Bay Area
Replies: 117
Views: 12839

Re: Nailed it! $223,199/yr: magic# for making it in SF Bay A

What would a 50yr old techie guy do in Kansas, Oklahoma or Nebraska ? I confess I don't have the foggiest clue. Never been to those places. 7 years short of your hypothetical techie, and in Pennsylvania instead of Kansas, Oklahoma or Nebraska, but I'll swing the bat nonetheless... I have 21 years e...

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