Search found 1028 matches

Return to advanced search

Re: Do you consider mortgage payments as savings?

Simple summary: Last year, David earns $100k, spends $50k on consumption. The remaining $50k is used to pay down a loan (could be a mortgage, credit card debt, take your pick, any loan). If someone asks David how much he saved last year, what is his answer? The floor is open for anyone that thinks t...
by swaption
Wed Mar 04, 2015 2:47 pm
 
Forum: Personal Finance (Not Investing)
Topic: Do you consider mortgage payments as savings?
Replies: 316
Views: 12800

Re: What is the most ubiquitous, platform-neutral video form

Thanks for this thread. I have a new camera, the Sony Alpha 6000, and one of the benefits is that it is supposed to be at least somewhat passable as a subsitute for a camcorder. Of course like everything, it comes with myriad options and one of them is the video format. There are the formats that se...
by swaption
Tue Mar 03, 2015 10:01 am
 
Forum: Personal Consumer Issues
Topic: What is the most ubiquitous, platform-neutral video format?
Replies: 14
Views: 761

Re: Do you consider mortgage payments as savings?

Against my better judgement... I could go on and on about GAAP, the meaning of accounting for purchases, depreciation, topics like (dare I say it) whether a house is an investment, and all sorts of tedium (is that a word) along the lines of what is written above. But absolutely none if it is relevan...
by swaption
Tue Mar 03, 2015 9:43 am
 
Forum: Personal Finance (Not Investing)
Topic: Do you consider mortgage payments as savings?
Replies: 316
Views: 12800

Re: What are Costco's best deals?

I have also done the math as well and compared the price of a lot of items between other stores including Safeway, Target, Wal-Mart, and Costco. I went as far as taking snapshots of price labels with my cell phone, and comparing them later at home. The other stores weren't even close. On things lik...
by swaption
Mon Mar 02, 2015 9:12 pm
 
Forum: Personal Consumer Issues
Topic: What are Costco's best deals?
Replies: 177
Views: 13425

Re: What are Costco's best deals?

I have also done the math as well and compared the price of a lot of items between other stores including Safeway, Target, Wal-Mart, and Costco. I went as far as taking snapshots of price labels with my cell phone, and comparing them later at home. The other stores weren't even close. On things lik...
by swaption
Mon Mar 02, 2015 7:05 pm
 
Forum: Personal Consumer Issues
Topic: What are Costco's best deals?
Replies: 177
Views: 13425

Re: Do you consider mortgage payments as savings?

I will only offer another statement that is a universal truth. Principal payments on any form of debt increases net worth. Except you probably used your own cash/assets to offset debts, so your net worth (assets - liabilities) is unchanged. Although that transfer does impact future net worth as you...
by swaption
Mon Mar 02, 2015 5:24 pm
 
Forum: Personal Finance (Not Investing)
Topic: Do you consider mortgage payments as savings?
Replies: 316
Views: 12800

Re: Do you consider mortgage payments as savings?

I will not respond, as that implies some form of debate, and there is no debate here. I will only offer another statement that is a universal truth. Principal payments on any form of debt increases net worth. When I make the statement above, i do not mean the process of wrting of the check to transf...
by swaption
Mon Mar 02, 2015 5:03 pm
 
Forum: Personal Finance (Not Investing)
Topic: Do you consider mortgage payments as savings?
Replies: 316
Views: 12800

Re: Do you consider mortgage payments as savings?

I cannot believe this thread just goes on. To some extent, this seems to be the battle of those that know they are correct trying to convince those that think they are correct. My lone contribution here is to eliminate the notion of the house in the equation. Is paying down prioncipal of any debt to...
by swaption
Mon Mar 02, 2015 3:42 pm
 
Forum: Personal Finance (Not Investing)
Topic: Do you consider mortgage payments as savings?
Replies: 316
Views: 12800

Re: What are Costco's best deals?

What I get a COSTCO are: 6. [Sometimes} tuna fish (Chicken of the Sea Chunk light] I suggest trying the Kirkland Signature Brand of albacore tuna. It is more expensive, but much better. Jeff I think this Kirkland brand may be new. I saw it (and that it was more expensive) on my last trip. Or, perha...
by swaption
Mon Mar 02, 2015 3:18 pm
 
Forum: Personal Consumer Issues
Topic: What are Costco's best deals?
Replies: 177
Views: 13425

Re: Costco/AmEx relationship ending. New Costco MasterCard?

What is a good Citi card to sign up for to use at Costco and other places? The Citi Double Cash is great but I think that card is avaiable as a MC. To be sure that a card can be used at Costco I guess that you would have to wait until Costco comes up with information regarding their co-branded Citi...
by swaption
Mon Mar 02, 2015 2:34 pm
 
Forum: Personal Finance (Not Investing)
Topic: Costco/AmEx relationship ending. New Costco MasterCard?
Replies: 73
Views: 15452

Re: Are remote starters bad for cars?

If you are doing this, I'm hoping all of you are doing it with your car outside, or the garage door open, and the windows open so as not to have carbon monoxide build up. It obviously builds up in the garage--and you're walk into a room full of it. If you do that every morning it's not good for you...
by swaption
Fri Feb 27, 2015 9:47 am
 
Forum: Personal Consumer Issues
Topic: Are remote starters bad for cars?
Replies: 41
Views: 2542

Re: International increase in Target Retirement & LifeStrate

Interesting. While I'm an advocate of an international allocation, I was not particularly a fan of Mr. Ferri's blog article and I'm not sure I'm a fan of this. As far as I can tell, the rationale provided is as follows: International exposure provides valuable diversification benefits. Vanguard eval...
by swaption
Thu Feb 26, 2015 9:55 am
 
Forum: Investing - Theory, News & General
Topic: International increase in Target Retirement & LifeStrategy
Replies: 142
Views: 10236

Re: What are Costco's best deals?

Nutella - 66 oz as compared to 13 oz in store, about $12 vs $5
My go to place for trimmed St. Louis cut ribs
My $50 Bolle ski helmet
Greek yogurt
Big containers of mixed nuts
Kirkland organic olive oil
Generic Claritin, and other generics
Cliff Bars
by swaption
Tue Feb 24, 2015 11:29 pm
 
Forum: Personal Consumer Issues
Topic: What are Costco's best deals?
Replies: 177
Views: 13425

Re: Someone Else Filed My Tax Return

...You will need to file an amended return if in fact a return was filed under your name... ...Apparently, this request only spits out the original return that was filed, not the subsequent amendments... Is it standard IRS procedure to do an actual amended return (1040X)? An amended return would se...
by swaption
Tue Feb 24, 2015 6:07 pm
 
Forum: Personal Finance (Not Investing)
Topic: Someone Else Filed My Tax Return
Replies: 29
Views: 2669

Re: Someone Else Filed My Tax Return

Happened to me. You will need to file an amended return if in fact a return was filed under your name. My understanding was that the requested refund was not paid. Been relatively straight forward for me since then every year I am sent a new pin to file elctronically. But there were a couple of sub...
by swaption
Tue Feb 24, 2015 6:04 pm
 
Forum: Personal Finance (Not Investing)
Topic: Someone Else Filed My Tax Return
Replies: 29
Views: 2669

Re: Someone Else Filed My Tax Return

Happened to me. You will need to file an amended return if in fact a return was filed under your name. My understanding was that the requested refund was not paid. Been relatively straight forward for me since then every year I am sent a new pin to file elctronically. This is not the right approach...
by swaption
Tue Feb 24, 2015 6:03 pm
 
Forum: Personal Finance (Not Investing)
Topic: Someone Else Filed My Tax Return
Replies: 29
Views: 2669

Re: Someone Else Filed My Tax Return

Happened to me. You will need to file an amended return if in fact a return was filed under your name. My understanding was that the requested refund was not paid. Been relatively straight forward for me since then every year I am sent a new pin to file elctronically. But there were a couple of subs...
by swaption
Tue Feb 24, 2015 3:21 pm
 
Forum: Personal Finance (Not Investing)
Topic: Someone Else Filed My Tax Return
Replies: 29
Views: 2669

Re: When would you retire money no object?

It usually gets flames, so maybe I should shut up, but I find it sad that so many young people want to quit working asap. Why do you think it's sad? My dad (age 71) feels the same way but I don't get it. No one I've talked to that aspires to extreme early retirement wants/plans to sit around and be...
by swaption
Fri Feb 20, 2015 12:11 pm
 
Forum: Personal Finance (Not Investing)
Topic: When would you retire money no object?
Replies: 64
Views: 3282

Re: John Bogle on International Investing

What's the saying about when experts don't agree... it likely matters little. Let's just be clear here, expert(s) don't disagree. Bogle disagrees. Find me others. Bernstein, Swedroe, Ferri, or even the long lost Troutner? And in terms of Bogle, I'm not sure what would necessarily qualify him as an ...
by swaption
Wed Feb 18, 2015 10:56 am
 
Forum: Investing - Theory, News & General
Topic: John Bogle on International Investing
Replies: 184
Views: 15025

Re: When would you retire money no object?

Have to cross that bridge when I come to it, but the answer for me might be never.
by swaption
Mon Feb 16, 2015 7:47 pm
 
Forum: Personal Finance (Not Investing)
Topic: When would you retire money no object?
Replies: 64
Views: 3282

Re: Where to buy nice men's dress shirts?

I echo the posters who recommended Charles Tyrwhitt and Brooks Brothers. The former has some type of internet promotion throughout the year, and the latter offers one of the most comprehensive sizing stocks among large, specialty men's retailers. I wear a shirt and tie to work everyday. My "de...
by swaption
Mon Feb 16, 2015 6:31 pm
 
Forum: Personal Consumer Issues
Topic: Where to buy nice men's dress shirts?
Replies: 84
Views: 6117

Re: why stocks outperform other asset classes in the long ru

I admit I am ignorant and have not read any of the classic books. I didnt mean to start an informed debate - I had a few nagging doubts in my mind, hence the original post. Yes, I need to read those books. still trying to get my head around basic concepts. Even if I grab a little bit of wisdom in t...
by swaption
Mon Feb 16, 2015 8:58 am
 
Forum: Investing - Theory, News & General
Topic: why stocks outperform other asset classes in the long run ?
Replies: 51
Views: 3367

Re: John Bogle on International Investing

Being US only has worked over the last 4 decades, I believe. If I had to guess -- and it's anybody's guess -- it would be that being US only vs. globally diversified will be a wash going forward. No clear advantage for being US-centric, but not a clear loser either. When making a statement such as ...
by swaption
Mon Feb 16, 2015 8:31 am
 
Forum: Investing - Theory, News & General
Topic: John Bogle on International Investing
Replies: 184
Views: 15025

Re: why stocks outperform other asset classes in the long ru

This is actually a great question, but long answers don't do it justice. Simple answer. If someone offers you 10 to 1 odds on a coin flip, but you have to bet your life savings, what do you do? The reasons most would not take that very good bet are the same as the reasons why stocks are expected to ...
by swaption
Sun Feb 15, 2015 10:09 am
 
Forum: Investing - Theory, News & General
Topic: why stocks outperform other asset classes in the long run ?
Replies: 51
Views: 3367

Re: Risk vs Uncertainty

If I understand you, you would call them all "risk," and you would not make a distinction between the risk due to the variance itself, and the risk due to not knowing the value of the variance. Not Bobcat, but if there is risk due to uncertainty, then this is still a component of risk. Pr...
by swaption
Sat Feb 14, 2015 10:08 pm
 
Forum: Investing - Theory, News & General
Topic: Risk vs Uncertainty
Replies: 19
Views: 1366

Re: Where to buy nice men's dress shirts?

Been getting all my shirts at Charles Tyrwhitt the last few years and very happy. Noticed a curious thing, I think the neck sizes run marginally on the small side, and then shrink over time, so I just got some new shirts a half neck size larger (and if you think it is just me getting fat, I do have...
by swaption
Sat Feb 14, 2015 3:43 pm
 
Forum: Personal Consumer Issues
Topic: Where to buy nice men's dress shirts?
Replies: 84
Views: 6117

Re: John Bogle on International Investing

No confusion about what you're saying about how the cost of imported goods might be affected by currency movements, but that is another topic and I don't believe it should be conflated with investment currency risk, which is what I thought was what we were talking about. No, it is the same thing. O...
by swaption
Sat Feb 14, 2015 3:12 pm
 
Forum: Investing - Theory, News & General
Topic: John Bogle on International Investing
Replies: 184
Views: 15025

Re: John Bogle on International Investing

Browser, Thanks for the currency 101. i must say, a bit taken aback by the pretentiousness. We are not talking rocket science here. If the value of the dollar declines against other currencies, then the cost in dollars of imported goods goes up. These are not just finished products like cars or tele...
by swaption
Sat Feb 14, 2015 2:35 pm
 
Forum: Investing - Theory, News & General
Topic: John Bogle on International Investing
Replies: 184
Views: 15025

Re: Seeking alpha is flawed. Ex-ante alpha must be 0.

I'm not sure what your reasoning is behind the results, but we might need to go back and define some of the terms. "Alpha" means risk-adjusted returns above the line connecting the risk-free asset (cash) and the benchmark (usually the market portfolio). "Ex-ante" (predicting the...
by swaption
Fri Feb 13, 2015 10:35 am
 
Forum: Investing - Theory, News & General
Topic: Seeking alpha is flawed. Ex-ante alpha must be 0.
Replies: 17
Views: 1292

Re: Risk vs Uncertainty

pkcrafter wrote. I believe the distinctions in definitions (of risk & uncertainty) is still worth knowing. HI Paul, I also believe the meaning of the word risk is important. Here is the meaning of the word risk from several dictionaries and an encyclopedia. The possibility of loss or injury - M...
by swaption
Fri Feb 13, 2015 10:02 am
 
Forum: Investing - Theory, News & General
Topic: Risk vs Uncertainty
Replies: 19
Views: 1366

Re: Risk vs Uncertainty

My thoughts pretty much echo Bob's (which is as always, reassuring). Working backwards from the concept of a risk premium. This isn't a premium as compensation for only risk in a probabilistic sense, this is compensation for the whole enchilada, including any black swan like uncertainties.
by swaption
Thu Feb 12, 2015 1:23 pm
 
Forum: Investing - Theory, News & General
Topic: Risk vs Uncertainty
Replies: 19
Views: 1366

Re: John Bogle on International Investing

Back to data, where I'm more comfortable than in the land of opinion. That's fine, and sounds perfectly plausible in a sound bite sort of way. But what good is data without any fundamental reasoning that explains the data? I don't see that anywhere. Implicit in all of the above is that internationa...
by swaption
Thu Feb 12, 2015 1:10 pm
 
Forum: Investing - Theory, News & General
Topic: John Bogle on International Investing
Replies: 184
Views: 15025

Re: Where to buy nice men's dress shirts?

Been getting all my shirts at Charles Tyrwhitt the last few years and very happy. Noticed a curious thing, I think the neck sizes run marginally on the small side, and then shrink over time, so I just got some new shirts a half neck size larger (and if you think it is just me getting fat, I do have ...
by swaption
Thu Feb 12, 2015 11:29 am
 
Forum: Personal Consumer Issues
Topic: Where to buy nice men's dress shirts?
Replies: 84
Views: 6117

Re: John Bogle on International Investing

I figure if the US were to go rotten within the next 2-3 decades I'll have a lot more problems than a having diversified into an international grab bag of stocks will be able to solve. ] Hate when I hear this kind of thing. Working in an area that was very much impacted by the financial crisis, it ...
by swaption
Thu Feb 12, 2015 8:26 am
 
Forum: Investing - Theory, News & General
Topic: John Bogle on International Investing
Replies: 184
Views: 15025

Re: John Bogle on International Investing

Browser, It doesn't come down to a what if the U.S. goes to hell argument. What you wrote above is once again just simplistic rationalization that implies some relationship that may or may not be true. I was in Japan a few weeks ago, and have been to Italy recently, certainly did not feel like hell...
by swaption
Wed Feb 11, 2015 8:31 pm
 
Forum: Investing - Theory, News & General
Topic: John Bogle on International Investing
Replies: 184
Views: 15025

Re: John Bogle on International Investing

Browser, It doesn't come down to a what if the U.S. goes to hell argument. What you wrote above is once again just simplistic rationalization that implies some relationship that may or may not be true. I was in Japan a few weeks ago, and have been to Italy recently, certainly did not feel like hell....
by swaption
Wed Feb 11, 2015 7:28 pm
 
Forum: Investing - Theory, News & General
Topic: John Bogle on International Investing
Replies: 184
Views: 15025

Re: John Bogle on International Investing

I figure if the US were to go rotten within the next 2-3 decades I'll have a lot more problems than a having diversified into an international grab bag of stocks will be able to solve. ] Hate when I hear this kind of thing. Working in an area that was very much impacted by the financial crisis, it ...
by swaption
Wed Feb 11, 2015 7:03 pm
 
Forum: Investing - Theory, News & General
Topic: John Bogle on International Investing
Replies: 184
Views: 15025

Re: John Bogle on International Investing

I invest internationally because local stock markets can have wildly different returns even over long periods of time. I made the following chart using return data from the 2014 Credit Suisse Yearbook. The chart shows the real value (in local currency) of $10,000 invested in 1964 at the end of 2014...
by swaption
Wed Feb 11, 2015 6:23 pm
 
Forum: Investing - Theory, News & General
Topic: John Bogle on International Investing
Replies: 184
Views: 15025

Re: Bearish Boglehead, is there such a thing?

The assumption is, overall, that "Mr. Market" will always return something, something more than doing nothing (cash) over a sufficient timescale. Thanks Jeff Absolutely no such assumption exists! The assumption is that Mr. Market does a good job of providing an expectation of a return pre...
by swaption
Thu Feb 05, 2015 8:46 pm
 
Forum: Investing - Theory, News & General
Topic: Bearish Boglehead, is there such a thing?
Replies: 45
Views: 3945

Re: Smart Beta 2.0 =100% historical probability to outperfor

100% historical probability to outperform = time machine

But if I have a time machine, I think I go Apple!
by swaption
Thu Feb 05, 2015 10:41 am
 
Forum: Personal Finance (Not Investing)
Topic: Smart Beta 2.0 =100% historical probability to outperform!
Replies: 8
Views: 1054

Re: Mr. Bogle on CNBC today--International and Bonds

He is a great man in all the senses - smart, compassionate, hard-working, humorous but also notably humble! This is one of a few things I disagree with him on, but I try to remember he is coming from a different time in place - notably one in which international investing was difficult and cost-pro...
by swaption
Thu Jan 29, 2015 9:04 pm
 
Forum: Investing - Theory, News & General
Topic: Mr. Bogle on CNBC today--International and Bonds
Replies: 50
Views: 6462

Re: Is it time to give-up on TIPS?

Why would your current expectations or concerns about the future be any more prescient or accurate than they were when you intitially invested in TIPS? You readily acknowledge that your fears regarding QE driven inflation have not come to fruition. I have some financial acumen...I work in corporate...
by swaption
Thu Jan 29, 2015 12:40 pm
 
Forum: Investing - Theory, News & General
Topic: Is it time to give-up on TIPS?
Replies: 75
Views: 9095

Re: Mr. Bogle on CNBC today--International and Bonds

You may find my notes of what Jack Bogle said about international investing at Bogleheads 11 of interest: http://www.bogleheads.org/forum/viewtopic.php?f=10&t=104781&newpost=1521456 Including this quote from Jack himself: "If there's one place I don't want people to take my advice, it'...
by swaption
Thu Jan 29, 2015 10:04 am
 
Forum: Investing - Theory, News & General
Topic: Mr. Bogle on CNBC today--International and Bonds
Replies: 50
Views: 6462

Re: Amazon Prime - good deal or calculated conditioning

Classic micro economics, where investment (the annual fee) reduces marginal cost, thereby driving up volume. Years ago, I lived in NYC and did not own a car. When I needed a car, I rented, but that was not very often, and it was expensive. When I owned a car (the investment), this drastically reduce...
by swaption
Wed Jan 28, 2015 1:27 pm
 
Forum: Personal Finance (Not Investing)
Topic: Amazon Prime - good deal or calculated conditioning
Replies: 50
Views: 2940

Re: Is it time to give-up on TIPS?

Why would your current expectations or concerns about the future be any more prescient or accurate than they were when you intitially invested in TIPS? You readily acknowledge that your fears regarding QE driven inflation have not come to fruition.
by swaption
Mon Jan 26, 2015 12:03 pm
 
Forum: Investing - Theory, News & General
Topic: Is it time to give-up on TIPS?
Replies: 75
Views: 9095

Re: How does an Efficient Market explain Buffett?

I would suggest they consider their potential to consistently make money betting on sports. Then consider the market mechanism by which security prices are determined. It should be relatively straight forward to draw an analogy between the two, essentially an individual or group against experts and...
by swaption
Sun Jan 25, 2015 9:44 am
 
Forum: Investing - Theory, News & General
Topic: How does an Efficient Market explain Buffett?
Replies: 257
Views: 13274

Re: How does an Efficient Market explain Buffett?

BHs, can you help me? What's an easy way to convince freshman college students of EMH in 5 minutes? I would suggest they consider their potential to consistently make money betting on sports. Then consider the market mechanism by which security prices are determined. It should be relatively straigh...
by swaption
Fri Jan 23, 2015 5:06 pm
 
Forum: Investing - Theory, News & General
Topic: How does an Efficient Market explain Buffett?
Replies: 257
Views: 13274

Re: How does an Efficient Market explain Buffett?

BHs, can you help me? What's an easy way to convince freshman college students of EMH in 5 minutes? I would suggest they consider their potential to consistently make money betting on sports. Then consider the market mechanism by which security prices are determined. It should be relatively straigh...
by swaption
Thu Jan 22, 2015 5:05 pm
 
Forum: Investing - Theory, News & General
Topic: How does an Efficient Market explain Buffett?
Replies: 257
Views: 13274

Re: Hedge fund loses 99.8% of all funds, $100m down to $200k

How about his lieutenant, deRegt the retired head of fixed income sales and trading at Morgan Stanley. FYI, that isn't exactly a small job. I'm sure he can pretty much raise $100 mm at the snap of a finger. Unfortunately, this is what happens when you go from an employer that actually has a reputati...
by swaption
Thu Jan 22, 2015 4:40 pm
 
Forum: Investing - Theory, News & General
Topic: Hedge fund loses 99.8% of all funds, $100m down to $200k.
Replies: 59
Views: 6874

Re: Psychology vs. Fundamentals of investing

Two things:

(1) I was drawn to the title "Psychology vs. Fundamentals of Investing", yet it is not at all clear to me how those concepts are relevant to the matters being discussed.

(2) How are you able to do any sort of fundamental analysis of Google?
by swaption
Wed Jan 14, 2015 5:21 pm
 
Forum: Investing - Theory, News & General
Topic: Psychology vs. Fundamentals of investing
Replies: 61
Views: 4542
Next

Return to advanced search