Search found 5562 matches

by tibbitts
Sun Aug 30, 2015 4:32 pm
Forum: Investing - Help with Personal Investments
Topic: Fidelity Contrafund Pool Vs VIIIX
Replies: 30
Views: 2381

Re: Fidelity Contrafund Pool Vs VIIIX

Ok, so you experience this in your first year of owning the fund: 1996: XNAS:FCNTX:12,193.69 S&P 500 TR USD:12,296.02 XNAS:VIIIX:12,305.86 Ok, more or less a draw, but no benefit to fcntx. Then you experience this the next year: 1997: XNAS:FCNTX:11,042.49 S&P 500 TR USD:12,166.58 XNAS:VIIIX:...
by tibbitts
Sun Aug 30, 2015 11:22 am
Forum: Investing - Help with Personal Investments
Topic: Fidelity Contrafund Pool Vs VIIIX
Replies: 30
Views: 2381

Re: Fidelity Contrafund Pool Vs VIIIX

I don't hold contrafund now, but have in the past. The issue you bring up about monitoring performance is significant. My guess is that if you look at it over time, you'll find it has underperformed the S&P at various times. So how long do you wait before concluding the problem is temporary or p...
by tibbitts
Sun Aug 30, 2015 10:49 am
Forum: Investing - Theory, News & General
Topic: Wellington (and PRWCX) - bonds complement stocks?
Replies: 9
Views: 932

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

My interpretation is that OP specifically wants to know whether, in selecting an equity position for the fund, the managers consider that the fund already holds a debt position in the same company/industry/whatever. And of course the opposite. So I'm thinking the question is: particularly where ther...
by tibbitts
Sat Aug 29, 2015 4:19 pm
Forum: Investing - Theory, News & General
Topic: Bogle: retirees should focus on dividends
Replies: 157
Views: 15580

Re: Bogle: retirees should focus on dividends

And the difference we're talking is probably something like 1%, maybe 1.5% in yield between a high quality dividend growth fund and an SP500 fund? I don't know. The difference between dividend and dividend growth funds tends to get muddled in these threads. Dividend growth funds don't necessarily y...
by tibbitts
Sat Aug 29, 2015 3:23 pm
Forum: Investing - Theory, News & General
Topic: Some thoughts about VWEHX (Vg High Yield Corporate)
Replies: 7
Views: 526

Re: Some thoughts about VWEHX (Vg High Yield Corporate)

Thoughts: 1. The vg fund seems more likely to sell at a loss than allow defaults, which still represents credit risk (selling at a loss). 2. You will find two schools of thought on spread: either percentage of spread matters or absolute spread matters. Some feel that if safe bonds are at 1% then HY ...
by tibbitts
Thu Aug 27, 2015 7:06 pm
Forum: Investing - Theory, News & General
Topic: NPR story, Stock market is wealth indicator of top 1% - HUH??
Replies: 8
Views: 1443

Re: NPR story, Stock market is wealth indicator of top 1% - HUH??

I was appalled that in tonight's broadcast, a individual was quoted as saying that the stock market is the wealth indicator of the top 1%. Furthermore in this story, the NPR reporters implied that the market and its gyrations are not important to most Americans. This really bothered me. My retireme...
by tibbitts
Sun Aug 23, 2015 7:18 pm
Forum: Investing - Help with Personal Investments
Topic: waiting on the side-lines
Replies: 9
Views: 1027

Re: waiting on the side-lines

got laid-off 2 1/2 years ago rolled my 401k to Vanguard dow DJIA was at 14,000 at the time and I thought we were near the top money on side-lines for 2 1/2 years looking to invest in VTSAX soon thinking I should just continue to wait for the larger fallout from CHINA and Sept. FED meeting You shoul...
by tibbitts
Sun Aug 23, 2015 9:35 am
Forum: Investing - Theory, News & General
Topic: [What if Vanguard files for bankruptcy?]
Replies: 22
Views: 3189

Re: Vanguard Ceases Operations, Files for Bankruptcy Protection

This might be the lowest-probability-of-risk ever, but my understanding is that with VG funds, the directors are, in theory, free to purchase services from lower-cost entities than VG. Actually that's true for all mutual funds. I worked for a large financial institution that acquired a mutual fund ...
by tibbitts
Sun Aug 23, 2015 8:39 am
Forum: Investing - Help with Personal Investments
Topic: going to cash
Replies: 40
Views: 6764

Re: going to cash

Going all cash isn't a horrible play right now. Copper is too cheap. There is no demand from China for copper and steel, yet we are to believe that China growth is 7%. Someone is lying. Best case is the market stays flat. Likely case is it drops 5%. Ugly case is it drops 10%. This should happen by ...
by tibbitts
Sun Aug 23, 2015 8:07 am
Forum: Investing - Theory, News & General
Topic: [What if Vanguard files for bankruptcy?]
Replies: 22
Views: 3189

Re: Vanguard Ceases Operations, Files for Bankruptcy Protection

This might be the lowest-probability-of-risk ever, but my understanding is that with VG funds, the directors are, in theory, free to purchase services from lower-cost entities than VG. That might make VG funds less susceptible to this risk than most other funds. It appears you're worried more about ...
by tibbitts
Sun Aug 23, 2015 7:33 am
Forum: Investing - Help with Personal Investments
Topic: TIAA Traditional Fees
Replies: 37
Views: 3350

Re: TIAA Traditional Fees

a Junk Bond (?) mutual fund that yields 6%, as if there is no risk to a long-lived retiree in buying it You missed the point of my comment. The example of the UNNAMED 6% investment was not that it exists or is a better deal than Traditional. I was comparing two UNNAMED investments and showing that ...
by tibbitts
Sat Aug 22, 2015 8:03 pm
Forum: Personal Finance (Not Investing)
Topic: Anyone with experience taking a voluntary (pre-retirement) break from employment?
Replies: 29
Views: 4091

Re: Anyone with experience taking a voluntary (pre-retirement) break from employment?

I was unhappy with my job and left without any new employment in sight. I had some hobbies to pursue and enough savings for the 6 months or so that I wasn't working. But that was twenty-five years ago, and whether it would be practical now, for you, depends entirely on how good your prospects for re...
by tibbitts
Sat Aug 22, 2015 7:43 pm
Forum: Personal Finance (Not Investing)
Topic: Selling house dad to son
Replies: 19
Views: 1546

Re: Selling house dad to son

Hm, just out of curiosity and because I dont know. What if your dad just signs the house to you through a quick claim and you make a calculation of how much to pay him per month/year. How many laws are broken? Do you mean quitclaim? You seem to be suggesting the father "sign over" a house...
by tibbitts
Sat Aug 22, 2015 2:28 pm
Forum: Investing - Help with Personal Investments
Topic: Did a dumb thing [lump summed into market after sitting on cash for years]
Replies: 111
Views: 13023

Re: Did a dumb thing [lump summed into market after sitting on cash for years]

I learned what goes down will come back even if you don't rebalance your portfolio. I think we've all be somewhat spoiled by the recent downturns followed by relatively quick rebounds (excepting examples like the nasdaq in 2000, or Japan.) Coming back doesn't help most people much if it takes a gen...
by tibbitts
Fri Aug 21, 2015 8:25 pm
Forum: Investing - Help with Personal Investments
Topic: Did a dumb thing [lump summed into market after sitting on cash for years]
Replies: 111
Views: 13023

Re: Did a dumb thing [lump summed into market after sitting on cash for years]

If you are closer to retirement, or already retired, you should have a lot more bonds then stocks. For a while now all we've heard around here is 70% or more as a kind of baseline minimum equity allocation, given the era of near-or-below-0% real returns on bonds. Now we get a market drop and all of...
by tibbitts
Fri Aug 21, 2015 5:34 pm
Forum: Personal Finance (Not Investing)
Topic: With Stock Market heading south
Replies: 95
Views: 11264

Re: With Stock Market heading south

With the stock market heading down and may get worse heading in to September what is your thoughts? I'm sure for most is to ride it out and try not to look or be to concerned. There isn't much a person can do and if you make a move it maybe more dramatic then just hoping things turn around. By that...
by tibbitts
Tue Aug 18, 2015 5:54 pm
Forum: Investing - Theory, News & General
Topic: Bogle: retirees should focus on dividends
Replies: 157
Views: 15580

Re: Bogle: retirees should focus on dividends

I don't understand this:

But you can own blue chip stocks, and you’re going to get a higher dividend


Higher than what?
by tibbitts
Mon Aug 17, 2015 10:50 pm
Forum: Investing - Help with Personal Investments
Topic: International Stock Index Funds
Replies: 12
Views: 1355

Re: International Stock Index Funds

And it appears in the last month they reduced the amount a little. June 15th it was like 18.6 percent, and now it at 17 something and it did reach 20 at some point within the last year. I'll be intrested to see if they reduce it again. It's not just more volatile and higher risk, they are less effi...
by tibbitts
Mon Aug 17, 2015 5:57 pm
Forum: Personal Consumer Issues
Topic: Should I buy a new car or hold
Replies: 19
Views: 1883

Re: Should I buy a new car or hold

A lot depends on the hassle factor of repairs for you. If you own multiple cars just so you can have the Prius up on blocks for a month while you plod away at d-i-y repairs that you do for a hobby, that's one thing. If you pay retail at a shop where you don't "know a guy" and need to rent ...
by tibbitts
Fri Aug 14, 2015 8:15 pm
Forum: Investing - Theory, News & General
Topic: When do you notice the compounding at work?
Replies: 52
Views: 7336

Re: When do you notice the compounding at work?

I would say Mr. Clement describes this as "critical mass" in his excellent books. This is the point where one makes MORE money from portfolio growth then they do with the summation of annual contributions. Looking at different graphs it really seems like for most it is the last 10 yrs. of...
by tibbitts
Fri Aug 14, 2015 7:58 pm
Forum: Investing - Help with Personal Investments
Topic: Animal cruelty free mutual Funds
Replies: 37
Views: 2386

Re: Animal cruelty free mutual Funds

Hello friends, I have a friend who works for a company which provides her a 401(k) with matching through Fidelity. She currently is participating in the program and getting free money for retirement from her job for doing so. She firmly believes in not supporting any company which participates in a...
by tibbitts
Fri Aug 14, 2015 7:42 pm
Forum: Investing - Theory, News & General
Topic: When do you notice the compounding at work?
Replies: 52
Views: 7336

Re: When do you notice the compounding at work?

I have about 180k in our retirement accounts. I haven't seen much growth at all in these accounts over the last year or two apart from my contributions. At what point or dollar range do you start to actually see the magic of compounding work? Assume I have a basic three fund portfolio. Thanks You'r...
by tibbitts
Fri Aug 14, 2015 7:55 am
Forum: Investing - Theory, News & General
Topic: Getting over the hurdle - Two statements conflict
Replies: 30
Views: 1882

Re: Getting over the hurdle - Two statements conflict

We have been in an extremely strong and prolonged bull market. You might check with a person who invested a lump sum in, say, 1999, and see how that person feels about your "strong and prolonged" bull market. That person might still be waiting for that bull market he was expecting, based ...
by tibbitts
Fri Aug 14, 2015 7:40 am
Forum: Personal Consumer Issues
Topic: Carry on luggage
Replies: 87
Views: 7080

Re: Carry on luggage

DaftInvestor wrote:Travel Pro - it's what all the flight attendants use.

Carry-on rules don't apply to flight attendants (or at least aren't enforced similarly) so that's not a particularly good measure for what to take yourself.
by tibbitts
Mon Aug 10, 2015 10:13 pm
Forum: Personal Consumer Issues
Topic: Car Steering shakes when I put on Brake
Replies: 41
Views: 2620

Re: Car Steering shakes when I put on Brake

I think most of us use "warped rotor" as a generic term for a variety of problems than can be cured by either turning or replacing the rotor.
by tibbitts
Mon Aug 10, 2015 7:05 pm
Forum: Personal Consumer Issues
Topic: Car Steering shakes when I put on Brake
Replies: 41
Views: 2620

Re: Car Steering shakes when I put on Brake

Hello Everyone, I have a 11 year old Honda CRV. The steering now shakes when I apply brakes. I took it to nearby local Tire chain shop, Tuffy. The told me that the brake rotors are warped and can be turnable. Recommended that they resurface all four rotors. $50 per tire so $200 for all four. What w...
by tibbitts
Sun Aug 09, 2015 11:49 am
Forum: Personal Finance (Not Investing)
Topic: Got laid off last Friday
Replies: 53
Views: 8821

Re: Got laid off last Friday

It's way too soon to consider moving in with the parents. Your wife knows that, but I suspect she's operating on an alternative agenda - one which doesn't include relocating to Williston, ND. That's not necessarily bad - it just depends on your family. As for welding, while generally there are a lot...
by tibbitts
Sun Aug 09, 2015 11:13 am
Forum: Personal Consumer Issues
Topic: Best used car for under 15k?
Replies: 40
Views: 3489

Re: Best used car for under 15k?

What might be a consideration is instead of a used car buying a new Toyota Yaris L. Toyota Sunnyvale is advertising them for $14,588 (MSRP $16,575). The OP by all appearances loves his wife as indicated by his requirement for a top safety pick. The 2015 Yaris has marginal overall small overlap fron...
by tibbitts
Sat Aug 08, 2015 3:12 pm
Forum: Personal Consumer Issues
Topic: Best used car for under 15k?
Replies: 40
Views: 3489

Re: Best used car for under 15k?

Accord/Camry or Civic/Corolla depending on how much room you want. I'd consider stretching a little bit and buying new. 2-3 years used is not worth saving a few thousand. They hold their value well. No car holds its value well. Cars lose about 50% of their value every five years. Holding its value ...
by tibbitts
Sat Aug 08, 2015 11:26 am
Forum: Investing - Theory, News & General
Topic: 3 Reasons to Rejoice Higher Interest Rates
Replies: 54
Views: 7259

Re: 3 Reasons to Rejoice Higher Interest Rates

As a guy planning to purchase a larger home in late 2016 I don't feel much like rejoicing. In fact I think I just entered denial. I think fear is next. Oh, add to that that we've spent the last two years busting to pay off heaps of student debt and I'll be in anger at no time. It's difficult to pre...
by tibbitts
Sat Aug 08, 2015 10:35 am
Forum: Personal Consumer Issues
Topic: Best used car for under 15k?
Replies: 40
Views: 3489

Re: Best used car for under 15k?

Why are you looking at used cars if you are willing to pay $15k ?! You should be able to pick up a brand new Ford Focus, Chevy Cruze, or Elantra/ Forte for that kid of money. The latter two come with 10 year powertrain warranty. While they certainly may be great compact cars, many of us prefer a li...
by tibbitts
Wed Aug 05, 2015 8:27 pm
Forum: Personal Consumer Issues
Topic: Alaska Cruise - Saving Money On Shore Excursions
Replies: 25
Views: 2024

Re: Alaska Cruise - Saving Money On Shore Excursions

I haven't found a huge savings available outside of the cruise lines, although particularly on tour flights you might catch a break if you're willing to walk-up and take your chances on availability. It's not like the cruise lines produce tours themselves - for the most part they contract with the s...
by tibbitts
Tue Aug 04, 2015 9:23 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio Solutions [Return volatility - how long to decide on long-term results?]
Replies: 17
Views: 1023

Re: Portfolio Solutions [Return volatility - how long to decide on long-term results?]

I appreciate your feedback. The referenced articles were especially helpful. I will make allowances for short term losses and focus on the years of performance. I just thought that by reducing my risk tolerance I would also reduce my losses and gains. I will be patient and see what happens in one y...
by tibbitts
Thu Jul 30, 2015 5:40 pm
Forum: Investing - Theory, News & General
Topic: Vang Mid Cap Index VS Total Stock Market
Replies: 6
Views: 803

Re: Vang Mid Cap Index VS Total Stock Market

In looking at the past performance I see that the Mid Cap Index has beaten the Total Stock Market over all investment periods, YTD, 1,3,5,10, inception, by about 1% on average. I also see that in 2008 it was down more than the total stock market. Its now making me think I might want to take some of...
by tibbitts
Wed Jul 29, 2015 5:40 pm
Forum: Personal Finance (Not Investing)
Topic: Who are you able to share good financial news with?
Replies: 103
Views: 8679

Re: Who are you able to share good financial news with?

What good financial news??? Not really a problem for most people.
by tibbitts
Sat Jul 25, 2015 10:47 am
Forum: Personal Finance (Not Investing)
Topic: Protection against stock correctiom
Replies: 25
Views: 2596

Re: Protection against stock correctiom

For the sake of argument, let us say that it is just a matter of time before a correction (i.e., at least 10%). Has anyone done research on the type of stocks that would provide highest protection relative to the total market? High quality, minimum volatility? I haven't, but I think it will matter ...
by tibbitts
Fri Jul 24, 2015 11:48 pm
Forum: Investing - Help with Personal Investments
Topic: Do I dump the Vanguard energy Fund in my 401k
Replies: 32
Views: 2987

Re: Do I dump the Vanguard energy Fund in my 401k

I don't agree with most of the responses, because it depends on what you've done with the rest of your investments. The energy fund is fairly diversified internationally, and if your had originally gone the route of having an energy fund along with other sector funds, I'm not sure you're that much w...
by tibbitts
Mon Jul 20, 2015 10:14 pm
Forum: Investing - Theory, News & General
Topic: Wellesley Fund lagging?
Replies: 5
Views: 1125

Re: Wellesley Fund lagging?

The Wellesley fund doesn't seem to be having a very good year so far, what's the views on it's future and where it's troubles are? You have to expect a year, or two, or ten, of underperformance vs. an appropriate benchmark from time to time, and you'll never be able to predict exactly when that und...
by tibbitts
Mon Jul 20, 2015 7:14 pm
Forum: Personal Finance (Not Investing)
Topic: Military career or Top MBA
Replies: 37
Views: 3865

Re: Military career or Top MBA

I don't have any direct experience, but certainly wouldn't feel confident that your job in the military will be secure, or that the current pension terms will necessarily apply to you. So I'd call the security aspects a draw, and decide based on other considerations. I'm not sure you'll find a lot o...
by tibbitts
Mon Jul 20, 2015 7:55 am
Forum: Personal Finance (Not Investing)
Topic: Lucent offering pension buyout to retirees: what to do?
Replies: 84
Views: 14582

Re: Lucent offering pension buyout to retirees: what to do?

I'm unfamiliar with "sexless" annuities outside of employer pension plans. You seem to be saying that because you have a TSP account, you can add a lump sum to it and then annuitize that amount in a "sexless" annuity? Outside of employer pension plans, are there other providers o...
by tibbitts
Sun Jul 19, 2015 7:17 pm
Forum: Investing - Theory, News & General
Topic: What 2008/09 has done to me
Replies: 158
Views: 19716

Re: What 2008/09 has done to me

This is a good reminder that even young investors may not want to "get down on their knees and pray for a long, brutal bear market", unless their employment prospects are very secure. Kevin Did someone actually say that people should hope for a long brutal bear market? Lemme guess--a bank...
by tibbitts
Sun Jul 19, 2015 11:26 am
Forum: Personal Finance (Not Investing)
Topic: 60K Car Maintenance Service = $600. Is this Reasonable?
Replies: 51
Views: 4557

Re: 60K Car Maintenance Service = $600. Is this Reasonable?

All of this paranoia over the "stealership" is a little over the top. The "independent mechanic" has one incentive only--to sell you repairs. With the dealership, yes they want to sell you repairs but they also don't want you to think that the particular type of cars they sell a...
by tibbitts
Sun Jul 19, 2015 10:20 am
Forum: Investing - Theory, News & General
Topic: What 2008/09 has done to me
Replies: 158
Views: 19716

Re: What 2008/09 has done to me

It's important to point out that, for all the complaints corporate employment, self-employment as a contractor or other service provider may not provide protection against the effects of an economic downturn. My business had multiple customers, as diversified as possible given the nature of the busi...
by tibbitts
Sat Jul 18, 2015 11:47 am
Forum: Personal Consumer Issues
Topic: DIY auto air conditioner recharge
Replies: 22
Views: 1927

Re: DIY auto air conditioner recharge

Has anyone had experience recharging their auto air conditioner themselves. I see there are cans of refrigerant available with a gage and filling tube attached, and a connector, and it looks like it would be relatively simple. Anything in particular that I should be careful of if I decide to do thi...
by tibbitts
Tue Jul 14, 2015 7:59 am
Forum: Personal Consumer Issues
Topic: Is it difficult to transfer website to different hosting company?
Replies: 25
Views: 1474

Re: Is it difficult to transfer website to different hosting company?

Here's the problem with hosting, these behemoth hosting companies like Dreamhost, Godaddy etc host your website on overloaded shared servers that can sometimes have over 3,000 sites on them. Smaller hosting companies may not do that, possibly not because they're somehow altruistic, but because they...
by tibbitts
Sun Jul 12, 2015 9:39 pm
Forum: Investing - Help with Personal Investments
Topic: Have $ to invest...Too risky to get into equities now?
Replies: 33
Views: 2570

Re: Have $ to invest...Too risky to get into equities now?

I know this is a market timing question, but here goes. I have established a large emergency fund so I am covered at that end. I now some some extra cash sitting in a 1%MMA ...approximately $60K, due to a recent windfall. I am 45 years of age, so I have at least 15 years until retirement. My curren...
by tibbitts
Sun Jul 12, 2015 9:02 pm
Forum: Personal Consumer Issues
Topic: Is it difficult to transfer website to different hosting company?
Replies: 25
Views: 1474

Re: Is it difficult to transfer website to different hosting company?

I own a web design firm. To answer your question: 1.) Find your new hosting company. Open an account. 2.) Download your current hosting files from Godaddy. Usually you do this with FTP or a file manager. If it's a site with simple HTML, CSS, and images, you don't have to worry about a database. If ...
by tibbitts
Sun Jul 12, 2015 8:10 pm
Forum: Personal Consumer Issues
Topic: Selling a used car
Replies: 27
Views: 2264

Re: Selling a used car

I have a 2010 Hyundai Sonata with low mileage and in good shape. I bought it new for my daughter and she has not driven it a lot since she is away in college. Blue book is about 11.5K..I am thinking of selling between 10.5K-11K. We want to sell it. Whats the best way? Craigslist is an obvious place...
by tibbitts
Sun Jul 12, 2015 6:53 pm
Forum: Personal Finance (Not Investing)
Topic: Travel insurance - worth it?
Replies: 50
Views: 4597

Re: Travel insurance - worth it?

Many travel credit cards like the Citi Prestige, Amex Plat, and Chase Sapphire Preferred have these same benefits baked in. The Sapphire only has a $95 annual fee. The others have much higher fees, but will also rebate for travel expenses (Prestige will rebate up to $250 in airfare) and cover Globa...
by tibbitts
Sun Jul 12, 2015 6:31 pm
Forum: Personal Finance (Not Investing)
Topic: Seeking Financial Advisor Career Advice
Replies: 5
Views: 683

Re: Seeking Financial Advisor Career Advice

This question comes up periodically so you should search for those discussions. 98% of the opportunities in the field are 98% sales, and 98% of those sales are cold-call sales. So you have to really, really want to do that. Everybody has an image of sitting behind a desk and having somebody feeding ...

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