Search found 1308 matches

by Angst
Wed May 04, 2016 12:14 am
Forum: Investing - Help with Personal Investments
Topic: Mods: please lock this thread
Replies: 29
Views: 1367

Re: SPIA for 86 yo?

I understand how a spia works with and without guarantees. Have you done a cashflow analysis of investment equivalent scenarios for spias with and without guarantees? I suspect you have not because I asked for analysis and you give me just more text with no sense of durations or magnitudes. If you ...
by Angst
Tue May 03, 2016 11:51 pm
Forum: Investing - Help with Personal Investments
Topic: Mods: please lock this thread
Replies: 29
Views: 1367

Re: SPIA for 86 yo?

For you guys who keep harping on me about the unguaranteed SPIA, let me put the challenge to you. If that's her best option please provide your analysis and convince me with financial facts. I did an analysis a few years ago (can't find it anymore), and my conclusion was that there was no large adv...
by Angst
Tue May 03, 2016 10:56 pm
Forum: Investing - Help with Personal Investments
Topic: Mods: please lock this thread
Replies: 29
Views: 1367

Re: SPIA for 86 yo?

If I were in her shoes, I would hope that my grandson would tell me about the SPIA option. And it's probably what I would choose to invest in, unless perhaps I already had more income than I knew what to do with.
by Angst
Sun May 01, 2016 11:54 am
Forum: Personal Finance (Not Investing)
Topic: Is It Time to Ditch Ibonds?
Replies: 10
Views: 1924

Re: Is It Time to Ditch Ibonds?

If I have this right, on Aug 1st, 2015, the time to sell began for bonds purchased in May of 2014, 2013, 2012 and 2011. You would have forfeited 3 months of zero interest as of that point. I think this is an incorrect analysis for this situation. Yes, the penalty would have been 0% but only because...
by Angst
Sun May 01, 2016 10:51 am
Forum: Personal Finance (Not Investing)
Topic: Is It Time to Ditch Ibonds?
Replies: 10
Views: 1924

Re: Is It Time to Ditch Ibonds?

I have $15k sitting in Ibonds as my emergency fund. I also have a $100k HELOC at prime minus 25bps. I am considering dropping the Ibonds to pay down the HELOC and save on the interest spread. I figure the prime rate will outpace inflation so in the long run I will be better off. Most of my Ibonds a...
by Angst
Thu Apr 28, 2016 8:13 pm
Forum: Investing - Help with Personal Investments
Topic: Whats the difference between...
Replies: 5
Views: 529

Re: Whats the difference between...

Have you spent some time at Vanguard's website? If not, it would be well spent. Look up the funds you're referring to and look through the info provided for each of them. Right at the top of each fund's (or ETF's) page will be links to their Investor class/Admiral class/ETF equivalents, as well as i...
by Angst
Thu Apr 28, 2016 10:19 am
Forum: Investing - Theory, News & General
Topic: McKinsey report on diminishing returns
Replies: 91
Views: 5669

Re: McKinsey report on diminishing returns

I think all reasonable and intelligent investors think about what the future potentially holds for them, particularly in context with their personal past and present situations and the overall investing environment in general. Anyone who doesn't is hopefully having their investment affairs managed b...
by Angst
Wed Apr 27, 2016 2:59 pm
Forum: Investing - Help with Personal Investments
Topic: VWO vs VSS [Vanguard Emerging Markets Stock vs. FTSE All-World ex-US Small-Cap]
Replies: 15
Views: 897

Re: VWO vs VSS

For International Vanguard funds, I think you get more bang for your aggressive buck by targeting small cap than EM. I'd suggest 50/50 Total Int'l / VSS. And they both have EM in them already.
by Angst
Thu Apr 14, 2016 1:47 pm
Forum: Investing - Theory, News & General
Topic: TIP 5-yr Indicative Yield -.323 today
Replies: 12
Views: 1331

Re: TIP 5-yr Indicative Yield -.323 today

Thanks Doc,
that's very helpful.
by Angst
Thu Apr 14, 2016 12:31 pm
Forum: Investing - Theory, News & General
Topic: TIP 5-yr Indicative Yield -.323 today
Replies: 12
Views: 1331

Re: TIP 5-yr Indicative Yield -.323 today

So in a taxable account we will have both Original Issue Discount (OID) and Amortized Bond Premium (ABP) on the same issue. The IRS cost reporting rules for TIPS were effective January 1, 2016. Anyone want to take bets on which brokers will be able to comply with both OID and ABP at the same time? ...
by Angst
Wed Apr 13, 2016 2:36 pm
Forum: Investing - Help with Personal Investments
Topic: Bogleheads view on Fixed Annuity?
Replies: 18
Views: 1490

Re: Bogleheads view on Fixed Annuity?

PatW86, Nisi presented an excellent "opinion" piece on the world of annuities, which I entirely agree with, but I have to add one thing: SPIA = "Single Premium Immediate Annuity" Knowing what you're buying (or discussing) includes knowing what the acronyms stand for: Single Premi...
by Angst
Tue Apr 12, 2016 7:57 pm
Forum: Investing - Theory, News & General
Topic: considering a broad-index commodity fund in my portfolio
Replies: 14
Views: 968

Re: considering a broad-index commodity fund in my portfolio

The table was for daily correlation, as the comment was made about daily movements. In just 2016 that's been -0.41 between US stocks and gold, so that is fair enough with a little imagination and stretching, but the original statement didn't make a qualifier about recent movements. Since the start ...
by Angst
Tue Apr 12, 2016 7:07 pm
Forum: Investing - Theory, News & General
Topic: considering a broad-index commodity fund in my portfolio
Replies: 14
Views: 968

Re: Periods chosen

Thank you, Taylor, I think it's interesting too because your observation is suggestive of a slightly inverse relationship between the two funds. I've been scolded before for using "inverse" or "negative" in this sort of context... but the correlation appears less than just "...
by Angst
Tue Apr 12, 2016 6:15 pm
Forum: Investing - Theory, News & General
Topic: considering a broad-index commodity fund in my portfolio
Replies: 14
Views: 968

Re: considering a broad-index commodity fund in my portfolio

I always have the marketwatch "bubbles" on the lower corner of my screen. Normally whatever the Dow, S&P, NASDAC, Global Dow and oil do, gold does the opposite. Except today, of course, when they're all up. I'd consider gold if you want a counter to stocks and bonds. I'm not saying go...
by Angst
Sat Apr 09, 2016 5:10 pm
Forum: Personal Consumer Issues
Topic: [Vanguard Online Access Problems]
Replies: 113
Views: 2061

Re: Parts of Vanguard's website down?

This morning (4/9/16 at about 8:20 AM Eastern time) I can log on to Vanguard's website and see my balances under "Account overview", but when I click on "Balances and holdings" there's a message saying "This area is temporarily unavailable." I also can't access my stat...
by Angst
Mon Apr 04, 2016 3:17 pm
Forum: Investing - Theory, News & General
Topic: Review of AQR Equity Market Neutral & Long-Short Equity
Replies: 44
Views: 3608

Re: Review of AQR Equity Market Neutral & Long-Short Equity

I'm confused on the N vs I shares (no, I've never bought a mutual fund in my life!). On Fidelity, you'd have to spend about $50 transaction fee each time you contribute to the fund for I shares, whereas you'll have to pay a .25% 12b-1 fee (no transaction fee) for N shares. I'm guessing the best app...
by Angst
Sun Apr 03, 2016 2:44 pm
Forum: Personal Finance (Not Investing)
Topic: TurboTax [Frustration]
Replies: 19
Views: 2312

Re: TurboTax Trauma

Sounds like a good resason to switch to taxact if you ask me! I first did my taxes using tt. It was nice and great at hand holding. Once you have done a year, you should be fine using taxact. Taxact always sends me a deal if I agree to sign up for their services early. No obligation, just a lower p...
by Angst
Sun Apr 03, 2016 12:55 pm
Forum: Personal Finance (Not Investing)
Topic: TurboTax [Frustration]
Replies: 19
Views: 2312

Re: TurboTax [Frustration]

Thankyou livesoft for your insight. I'm resolved to starting earlier for 2016, by December. And I'll include H&R Block when I begin to look through the offerings. Btw, 2016 is special to me in a way I know you appreciate - I turn 59½. Uh-oh, that means you know my birth date. Ha! I didn't mean ...
by Angst
Sun Apr 03, 2016 10:31 am
Forum: Personal Finance (Not Investing)
Topic: TurboTax [Frustration]
Replies: 19
Views: 2312

Re: TurboTax [Frustration]

Thankyou livesoft for your insight. I'm resolved to starting earlier for 2016, by December. And I'll include H&R Block when I begin to look through the offerings. Btw, 2016 is special to me in a way I know you appreciate - I turn 59½.
by Angst
Sun Apr 03, 2016 10:04 am
Forum: Personal Finance (Not Investing)
Topic: TurboTax [Frustration]
Replies: 19
Views: 2312

Re: TurboTax [Frustration]

I don't mean to sound flip, but how long would it have taken you to do your state taxes? Or was it that it would cost $39.99 to e-file state taxes but you could still print them out for free? In my state, everything is predicated off the Federal tax form - I end up giving up most of my itemized ded...
by Angst
Sat Apr 02, 2016 8:16 am
Forum: Personal Finance (Not Investing)
Topic: TurboTax [Frustration]
Replies: 19
Views: 2312

Re: TurboTax Hell...

Sounds like a good resason to switch to taxact if you ask me! I first did my taxes using tt. It was nice and great at hand holding. Once you have done a year, you should be fine using taxact. Taxact always sends me a deal if I agree to sign up for their services early. No obligation, just a lower p...
by Angst
Sat Apr 02, 2016 8:11 am
Forum: Personal Finance (Not Investing)
Topic: TurboTax [Frustration]
Replies: 19
Views: 2312

Re: TurboTax Hell...

i believe most of the tax software is misleadingly marketed as to the final true cost. There is often one price to use the software and another separate cost to e-file the state return (I think the Federal e-file is always included in the purchase price). Some states require that their be no additi...
by Angst
Fri Apr 01, 2016 7:52 pm
Forum: Investing - Help with Personal Investments
Topic: Best Taxable Account Home - Starting from Scratch
Replies: 9
Views: 772

Re: Best Taxable Account Home - Starting from Scratch

Even better than TDAmeritrade is WellsTrade with free everything, but you probably cannot get that deal. What is this deal? I can't even see it online? Yes, I believe it was many years ago (think stagecoaches) that livesoft was grandfathered into some very good deal at WF, and now, well into the ar...
by Angst
Fri Apr 01, 2016 7:19 pm
Forum: Personal Consumer Issues
Topic: Are any OTC drugs and vitamins U.S.P.-labelled any more?
Replies: 34
Views: 1193

Re: Are any OTC drugs and vitamins U.S.P.-labelled any more?

I too recall that at one time the symbol was very common, but I can't find it on anything at all in our medicine cabinet or in the kitchen. Nothing. According to the USP website, it's a fairly small, exclusive club these days. They list only four supplements manufacturers. http://www.usp.org/usp-ver...
by Angst
Fri Apr 01, 2016 3:42 pm
Forum: Personal Finance (Not Investing)
Topic: Major Insurer Pulls a Fast One [Prudential changes terms for LTC inflation protection]
Replies: 4
Views: 958

Re: Major Insurer Pulls a Fast One

LTC might be the biggest hole in my financial future in the sense I have a hard time figuring out what to do about it. Can't decide if it's a good product for me or not, or if there are solid, reputable policies out there. But being unmarried I'm thinking I'll forgo it and risk a somewhat smaller e...
by Angst
Fri Apr 01, 2016 12:40 pm
Forum: Personal Finance (Not Investing)
Topic: TurboTax [Frustration]
Replies: 19
Views: 2312

TurboTax [Frustration]

(Anyone else experience this particular scenario?) It's not b/c of their incessant up-selling; I was successfully bullied into using Premier a year or so ago, even though I don't itemize. Whatever, at least I should get good support... It's not b/c their support staff includes some people who are pa...
by Angst
Wed Mar 30, 2016 5:50 pm
Forum: Investing - Theory, News & General
Topic: Got a Question for Jack Bogle? Post it Here.
Replies: 56
Views: 4847

Re: Got a Question for Jack Bogle? Post it Here.

Dear Mr. B: Many years ago while I was still in high school, my father started me off in my investing "career" with an investment in the Gemini Capital Fund; I believe it was a closed-end fund and somehow tied to Vanguard. He also first got me started in Vanguard with the original Index 50...
by Angst
Wed Mar 30, 2016 3:43 pm
Forum: Investing - Theory, News & General
Topic: TIPS Anyone?
Replies: 92
Views: 7174

Re: TIPS Anyone?

jalbert, I disagree with several things you say in your post above . But before I address them, here is a chart I created showing the components of TIPS and nominal Treasury yields. (It's copied from my post, Re: Are longer duration TIPS more sensitive to inflation? .) It will provide a background ...
by Angst
Wed Mar 30, 2016 2:45 pm
Forum: Investing - Theory, News & General
Topic: TIPS Anyone?
Replies: 92
Views: 7174

Re: TIPS Anyone?

In regards to TIPS, there might even be a third kind of "premium" out there, like the warm and fuzzy feeling of knowing you're protected from unknown inflation. The idea that people might be willing to pay such a "price premium" is one potential benefit governments derive from i...
by Angst
Wed Mar 30, 2016 2:19 pm
Forum: Investing - Theory, News & General
Topic: TIPS Anyone?
Replies: 92
Views: 7174

Re: TIPS Anyone?

In regards to TIPS, there might even be a third kind of "premium" out there, like the warm and fuzzy feeling of knowing you're protected from unknown inflation.
by Angst
Tue Mar 29, 2016 4:36 pm
Forum: Investing - Theory, News & General
Topic: Taylor Larimore on Bear Markets
Replies: 31
Views: 3622

Re: Taylor Larimore on Bear Markets

When we are talking about bonds in portfolio what kind of bonds? I'd assume that in the bear market like Great Depression corporate bonds will suffer as well, especially if companies going bankrupt. What basically leave only treasures as really safe investment. Am I missing something? Yes, you're m...
by Angst
Thu Mar 24, 2016 2:44 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard Admiral Shares Threshold vs. ETF: Small International ?
Replies: 11
Views: 528

Re: Vanguard Admiral Shares Threshold vs. ETF: Small International ?

They do an NAV-to-NAV conversion at end of day. At the moment, it's roughly 2.62155 shares of VFSVX per share of VSS, and that ratio should stay constant as long as the dividend income is more than the expense ratios. Thank you for clarifying, that makes sense. Also, please correct me if I'm wrong,...
by Angst
Thu Mar 24, 2016 2:06 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard Admiral Shares Threshold vs. ETF: Small International ?
Replies: 11
Views: 528

Re: Vanguard Admiral Shares Threshold vs. ETF: Small International ?

I just spoke with a Vanguard Rep and they said this question has never been asked before, but there is no issue they have with the behavior. The rep also said that the conversion doesn't count as a buy-or-sell so it doesn't count towards the frequent trading policy either. That sounds promising - g...
by Angst
Thu Mar 24, 2016 12:31 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard Admiral Shares Threshold vs. ETF: Small International ?
Replies: 11
Views: 528

Re: Vanguard Admiral Shares Threshold vs. ETF: Small International ?

P.S. has anyone ever tried to buy investor shares repeatedly and immediately converting to ETF by calling Vanguard to avoid the spread and the expenses? I've done conversions but not repeatedly nor immediately. I'd probably just call a rep and ask them about it. If you don't plan on doing it too fr...
by Angst
Wed Mar 23, 2016 4:01 pm
Forum: Investing - Theory, News & General
Topic: Clarification on trend/crowd following?
Replies: 19
Views: 1124

Re: Clarification on trend/crowd following?

You might find Larry Swedroe's thread on " Time Series Momentum " helpful or at least interesting. It link's to Larry's etf.com article about trend following as done by hedge funds and others, including the likes of AQR: http://www.etf.com/sections/index-investor-corner/swedroe-trend-follo...
by Angst
Wed Mar 23, 2016 2:08 pm
Forum: Investing - Help with Personal Investments
Topic: I Bonds or something else?
Replies: 5
Views: 895

Re: I Bonds or something else?

I only look at I Bonds these days (w/ their minimal fixed rates and low inflation) as fairly short-term cash-like funds; the tax deferral is a feature, but overall they're definitely not something I'd be planning on holding for decades. But I would buy EE Bonds with the plan to hold for two decades ...
by Angst
Tue Mar 15, 2016 8:23 pm
Forum: Investing - Theory, News & General
Topic: RAFI Has Beaten DFA and Vanguard (3% annually!) Since 2009 on an Absolute and Risk-Adjusted Basis. HOW?!?
Replies: 33
Views: 3642

Re: RAFI Has Beaten DFA and Vanguard (3% annually!) Since 2009 on an Absolute and Risk-Adjusted Basis. HOW?!?

Theoretical FWIW Constantinides of U of Chicago wrote paper about 50 years ago showing that DCA isn't optimal, investing all at once is, and that hasn't been challenged since. DCA can be helpful in supplying a psychological crutch which at least allows people to invest in the face of uncertainty, w...
by Angst
Wed Mar 09, 2016 11:57 am
Forum: Investing - Help with Personal Investments
Topic: when to invest
Replies: 12
Views: 1143

Re: when to invest

gopro - I notice that in your earlier post you were asking about " When to invest" and now (in the merged thread) you're asking " What to invest in". However, nothing in your posts suggest to me that you have gone through the steps leading up to the development of an Investment P...
by Angst
Mon Mar 07, 2016 8:17 pm
Forum: Investing - Theory, News & General
Topic: Under the hood of 5 multifactor funds
Replies: 44
Views: 3938

Re: Under the hood of 5 multifactor funds

I think the "factor" thing is analogous to the engineering technique of lightening a structure, and getting more strength with less weight, by drilling holes at points of low stress and generally removing material from any place where it is not adding much strength. For example, one might...
by Angst
Fri Mar 04, 2016 6:46 pm
Forum: Investing - Help with Personal Investments
Topic: SCV in taxable
Replies: 22
Views: 2100

Re: SCV in taxable

Paul Merriman just updated his Vanguard reccomendations; http://paulmerriman.com/vanguard/ Looks like he's recommending VSIAX for taxable SCV, but isn't that essentially the same as the ETF VBR, (which he has stated in the past, he didn't like b/c it wasn't as "small" or "valuely&quo...
by Angst
Fri Mar 04, 2016 8:50 am
Forum: Investing - Help with Personal Investments
Topic: Emerging Markets Small Cap Value
Replies: 12
Views: 1698

Re: Emerging Markets Small Cap Value

grap, I second your logic and follow it, to a fair degree, with the likes of PXH, FNDE, EWX and DGS, not to mention the EM contributions of my more primary holdings in VEMAX, VSS and VTIAX btw, I just now learned that DGS more than doubled its China % in Wisdom Tree's annual 2015 rebalancing: https:...
by Angst
Thu Mar 03, 2016 9:58 am
Forum: Investing - Help with Personal Investments
Topic: Emerging Markets Small Cap Value
Replies: 12
Views: 1698

Re: Emerging Markets Small Cap Value

Angst, I normally do that and GTS before I post any questions. It looks like all of the EM SC mutual funds have a pretty high expense ratio and a vast majority have a pretty substantial growth tilt. Sorry, I guess I just thought I didn't have a lot to offer though. I too limit myself to DGS and EWX...
by Angst
Fri Feb 26, 2016 9:12 pm
Forum: Investing - Theory, News & General
Topic: QSPIX Nightmare - Closed Off to Retail Investors
Replies: 168
Views: 20868

Re: QSPIX Nightmare - Closed Off to Retail Investors

I just transferred to Fidelity instead of going to Vanguard. I see, you have QSPNX, right? Which you can still buy at Fido? That should hopefully work out ok. I really have no idea what will happen when I get to the point of needing to rebalance w/ Vanguard. I'll just have to wait until it happens....
by Angst
Fri Feb 26, 2016 4:41 pm
Forum: Investing - Theory, News & General
Topic: QSPIX Nightmare - Closed Off to Retail Investors
Replies: 168
Views: 20868

Re: QSPIX Nightmare - Closed Off to Retail Investors

Makes sense to me - thanks Larry. :happy
Now if only Vanguard will let me trade when the time to rebalance arrives... we'll see. I'm crossing my fingers.
by Angst
Fri Feb 26, 2016 3:07 pm
Forum: Investing - Theory, News & General
Topic: QSPIX Nightmare - Closed Off to Retail Investors
Replies: 168
Views: 20868

Re: QSPIX Nightmare - Closed Off to Retail Investors

That's good, thanks Larry.
by Angst
Fri Feb 26, 2016 2:20 pm
Forum: Investing - Theory, News & General
Topic: QSPIX Nightmare - Closed Off to Retail Investors
Replies: 168
Views: 20868

Re: QSPIX Nightmare - Closed Off to Retail Investors

FWIW We pay just 1.4% for the R6 version of the style premium fund (QSPRX) and just 0.55 for the same R6 version of the small cap fund (QSERX) and .35 for the large cap multi-style premium fund (QCERX). Hi Larry, I'm not sure why you mention this in the context of my previous post , unless the whol...
by Angst
Fri Feb 26, 2016 12:01 pm
Forum: Investing - Theory, News & General
Topic: QSPIX Nightmare - Closed Off to Retail Investors
Replies: 168
Views: 20868

Re: QSPIX Nightmare - Closed Off to Retail Investors

No one ever responded to my post about a month ago re: people transferring their AQR funds to Vanguard, so I assumed none of the readers of this thread had done so. Well, in the interim, I emailed back and forth with Vanguard and they said there was no problem, and that Vanguard's $1,000 subsequent ...
by Angst
Fri Feb 26, 2016 10:51 am
Forum: Investing - Help with Personal Investments
Topic: I Bonds for Emergency Fund?
Replies: 22
Views: 1603

Re: I Bonds for Emergency Fund?

Angst, it wasn't so long ago (2010 to be exact) that a 3.5% 7-yr CD could be purchased from PenFed. I know. I bought two. Bond funds are one thing, NCUA (or FDIC) insured CDs are another. My point was merely that when insured CDs offer the same (or similar) tax-equivalent yield as the EE, over a mu...
by Angst
Thu Feb 25, 2016 11:16 pm
Forum: Investing - Help with Personal Investments
Topic: I Bonds for Emergency Fund?
Replies: 22
Views: 1603

Re: I Bonds for Emergency Fund?

The effective rate of EE bonds (after 20 years) has become attractive only recently. As interest rates normalize, and CD rates nudge up towards the "doubling rate" (3.5%), I would expect demand for EE bonds to plummet. Emergency funds, by-and-large, are best kept in liquid accounts. Hmm, ...

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