Search found 6419 matches

by Call_Me_Op
Fri Jun 23, 2017 11:01 am
Forum: Investing - Theory, News & General
Topic: [NY Times: Index fund evangelist is straying From His Gospel]
Replies: 32
Views: 3086

Re: Malkiel is reversing some of his views on passive investing

Malkiel must know in his heart that any exploitable inefficiencies will soon vanish.
by Call_Me_Op
Sun Jun 04, 2017 5:57 am
Forum: Investing - Theory, News & General
Topic: "Beware Fake Stock News"
Replies: 15
Views: 2163

Re: "Beware Fake Stock News"

Thanks Taylor. Thankfully, those of us who invest the Boglehead way do not need to be concerned with such schemes.
by Call_Me_Op
Sun Jun 04, 2017 5:50 am
Forum: Personal Finance (Not Investing)
Topic: What Will Home Care Cost?
Replies: 25
Views: 2390

Re: What Will Home Care Cost?

Cheese_breath,

I have little to offer in terms of answering your question, but I do want to express my sincere hope that her condition improves significantly. She is still fairly young, so it sounds like there is reason to be hopeful.
by Call_Me_Op
Sun Jun 04, 2017 5:45 am
Forum: Investing - Theory, News & General
Topic: An interesting take on the term "actively-managed" porfolio...
Replies: 3
Views: 504

Re: An interesting take on the term "actively-managed" porfolio...

I'm not sure I understand the mechanics here. But if a trade is happening every 5 minutes and there are commissions for buying and selling, it looks like there are 78 potential trades a day (5-minute increments in 6.5 hours). Even if half of them are "hold", that leaves 39 trades a day. I...
by Call_Me_Op
Sun Jun 04, 2017 5:34 am
Forum: Personal Finance (Not Investing)
Topic: Do I need umbrella insurance?
Replies: 17
Views: 1857

Re: Do I need umbrella insurance?

You want enough coverage to make the plaintiff's attorney go away (e.g., not feel it's worth the effort to pursue your personal assets). I recommend 2X unshielded assets, although there are no "hard and fast" rules. Note 1:The extent to which an IRA is a shielded asset depends upon state l...
by Call_Me_Op
Sat Jun 03, 2017 6:35 am
Forum: Investing - Help with Personal Investments
Topic: Balanced index fund holder - do I need intl?
Replies: 52
Views: 3146

Re: Balanced index fund holder - do I need intl?

So are you saying that you would buy a fund-of-funds if it had no international bonds in it? Then that's: FFNOX, the Fidelity 4-in-1 fund. Not really - just asking if the wise folks here think I *need* to add some intl? I'm quite pleased with what I currently have. Given that you are happy with wha...
by Call_Me_Op
Fri Jun 02, 2017 11:49 am
Forum: Investing - Help with Personal Investments
Topic: Fidelity Money Markets
Replies: 5
Views: 677

Re: Fidelity Money Markets

rctrfph wrote: Am I missing something?


Yes, return is net of fees.
by Call_Me_Op
Fri Jun 02, 2017 7:02 am
Forum: Personal Finance (Not Investing)
Topic: General question of balance and compromise
Replies: 26
Views: 1933

Re: General question of balance and compromise

I think the key is not to deprive yourself, but to think long and hard about large purchases to ensure that they will really improve your life. For example, I drive a 13 year-old Camry. I could buy a new car (like a Lexus) tomorrow, but I view a car as a way to get me from point A to point B safely,...
by Call_Me_Op
Fri Jun 02, 2017 6:50 am
Forum: Investing - Theory, News & General
Topic: Place to put Cash - short term
Replies: 30
Views: 3888

Re: Place to put Cash - short term

So I'm trying to figure out where to put some short-term cash. I'm looking at a couple options: VWIUX, Intermediate Tax Exempt bond NYLT, NY Long Term Tax Exempt bond CD at Synchrony Bank You can't put money into long-term bonds and then call it cash. Cash is cash, bonds are bonds, etc. These all b...
by Call_Me_Op
Fri Jun 02, 2017 6:46 am
Forum: Investing - Help with Personal Investments
Topic: Timing the market? :Bonds in rising interest rate environment
Replies: 22
Views: 2090

Re: Timing the market? :Bonds in rising interest rate environment

Hello, I have been reading about bonds and understand that in a rising interest rate environment bonds decline in value. Right now it sounds like the US central bank anticipates more rate hikes this year. Should I wait until interest rates rise to more "normal" levels and then purchase bo...
by Call_Me_Op
Wed May 31, 2017 6:23 am
Forum: Investing - Help with Personal Investments
Topic: Really trying to understand no bonds in taxable
Replies: 46
Views: 3134

Re: Really trying to understand no bonds in taxable

Here is an article that suggests that bonds should go in taxable (at today's low yields):

https://whitecoatinvestor.com/asset-loc ... n-taxable/
by Call_Me_Op
Wed May 31, 2017 6:16 am
Forum: Investing - Help with Personal Investments
Topic: Predicted 4% return over next decade. What do you do now?
Replies: 71
Views: 6607

Re: Predicted 4% return over next decade. What do you do now?

tigermilk wrote:While Jack Google may be highly respected, particularly in these parts, his crystal ball is no better than anyone else's.


:confused

I may have to do a Bogle search to figure out what you're saying.
by Call_Me_Op
Mon May 29, 2017 6:21 am
Forum: Investing - Help with Personal Investments
Topic: All Weather Portfolio for retirement
Replies: 14
Views: 1598

Re: All Weather Portfolio for retirement

Warning: Back-testing can be hazardous to your wealth. The most important decision is the split between stocks and bonds. Are you comfortable with 70% in stocks? Many retirees would consider that to be high. By the way, I would not consider that an "all-weather portfolio" given its perform...
by Call_Me_Op
Mon May 29, 2017 6:07 am
Forum: Investing - Help with Personal Investments
Topic: Pay Debt or invest with my Unique situation. Help!
Replies: 23
Views: 1964

Re: Pay Debt or invest with my Unique situation. Help!

If I were you, I would tighten-up elsewhere, continue the retirement investing, and pay off the student loans as aggressively as possible. Your income is high enough that you should be able to do both. You need to write-down a budget to illustrate where the money is going.
by Call_Me_Op
Sun May 28, 2017 2:28 pm
Forum: Investing - Help with Personal Investments
Topic: Buckets v Total Return and the Frequency of Withdrawal
Replies: 17
Views: 1298

Re: Buckets v Total Return and the Frequency of Withdrawal

I see no problem having a total return portfolio with a couple of years in cash. Living expenses come out of cash and cash is replenished nominally once per year.
by Call_Me_Op
Sun May 28, 2017 2:24 pm
Forum: Investing - Help with Personal Investments
Topic: EE and I Bonds
Replies: 44
Views: 3885

Re: EE and I Bonds

I see buying EE bonds as a form of diversification, since they act quite differently from most other securities.
by Call_Me_Op
Sun May 28, 2017 2:17 pm
Forum: Personal Consumer Issues
Topic: Risks of electronic access
Replies: 57
Views: 4758

Re: Risks of electronic access

You avoiding internet access will not solve the problem. If your identity is stolen, the thief can set-up internet access.
by Call_Me_Op
Sun May 28, 2017 12:05 pm
Forum: Investing - Theory, News & General
Topic: How many investment companies to have money in?
Replies: 41
Views: 3481

Re: How many investment companies to have money in?

I use multiple custodians (brokerages and banks) and find the extra paperwork, etc to be a non-issue. I enjoy the peace of mind. In addition, I can take advantage of what each institution has to offer.
by Call_Me_Op
Sat May 27, 2017 7:36 am
Forum: Investing - Theory, News & General
Topic: Interest Rates and rate increases
Replies: 5
Views: 831

Re: Interest Rates and rate increases

Fed doesn't have much leverage to lower rates multiple times w/ how low they are now. Kinda wondering why they weren't raised more in the past X years as the market was going up up up. Because the Fed is not supposed to take action based upon what the stock market is doing. It's dual mandate is to ...
by Call_Me_Op
Thu May 25, 2017 6:53 am
Forum: Investing - Theory, News & General
Topic: Zacks says sell Wellesley!?
Replies: 89
Views: 10068

Re: Zacks says sell Wellesley!?

dbr wrote:If Wellesley were really such a great fund people would not keep asking whether or not they should be invested in it.


Not sure I would blame the fund for that. It's the people who don't fully understand what they are investing in.
by Call_Me_Op
Wed May 24, 2017 6:51 am
Forum: Personal Finance (Not Investing)
Topic: Battle of Low Interest CD's
Replies: 5
Views: 975

Re: Battle of Low Interest CD's

0.3% is a huge spread for only 90 days. I would buy the 180 day CD.
by Call_Me_Op
Wed May 24, 2017 6:48 am
Forum: Investing - Help with Personal Investments
Topic: Missed window for selling Fairholme Fund (FAIRX)?
Replies: 35
Views: 1961

Re: Missed window for selling Fairholme Fund (FAIRX)?

If I is not consistent with my investment philosophy, I would sell it immediately and re-deploy the assets.
by Call_Me_Op
Sat May 20, 2017 7:27 am
Forum: Investing - Theory, News & General
Topic: "Stocks, Bonds and Future Returns" by Prof. Jeremy Siegel
Replies: 65
Views: 5516

Re: "Stocks, Bonds and Future Returns" by Prof. Jeremy Siegel

Thanks Taylor! An excellent collection of historical data on investing.
by Call_Me_Op
Sat May 20, 2017 7:20 am
Forum: Investing - Help with Personal Investments
Topic: Convince me to get back into stocks!
Replies: 83
Views: 5968

Re: Convince me to get back into stocks!

We do not recommend timing the market. The first step is to convince yourself of the folly of taking your money out - especially at the age of 27. If I were you, I would decide on an AA consistent with my risk tolerance (which should be very high at 27) and then implement it. If the market tanks, yo...
by Call_Me_Op
Sat May 20, 2017 7:14 am
Forum: Personal Finance (Not Investing)
Topic: Job loss
Replies: 28
Views: 2403

Re: Job loss

Sounds like you are young, so I would think the logical step is to start looking for another job that offers comparable income and benefits.
by Call_Me_Op
Sat May 20, 2017 7:06 am
Forum: Investing - Theory, News & General
Topic: Demand for stocks too high? (investor behavior)
Replies: 20
Views: 1922

Re: Demand for stocks to high? (investor behavior)

While the demand for stocks has been increasing, the memory of 2008 still weighs heavily. All you can (intelligently) do is make sure your stock allocation is consistent with your risk tolerance and stay the course.
by Call_Me_Op
Fri May 19, 2017 8:21 am
Forum: Investing - Help with Personal Investments
Topic: I am a huge believer in Passive Indexing.. but.....
Replies: 42
Views: 3329

Re: I am a huge believer in Passive Indexing.. but.....

WolfgangPauli wrote:[list][*]Do I chalk this up to luck...


Yes
by Call_Me_Op
Thu May 11, 2017 6:55 am
Forum: Investing - Theory, News & General
Topic: Larry Swedroe on Challenges Of Managing Finances As We Age
Replies: 25
Views: 3641

Re: Larry Swedroe on Challenges Of Managing Finances As We Age

I think the biggest problem, probably more acute for single people, is that we will probably not be aware of cognitive decline. At the same time, I am very hesitant to trust someone else to manage my finances. It's a conundrum. Maybe I could trust Vanguard.
by Call_Me_Op
Thu May 11, 2017 6:42 am
Forum: Investing - Help with Personal Investments
Topic: Intermediate-Term Treasury vs Intermediate-Term Government ?
Replies: 7
Views: 832

Re: Intermediate-Term Treasury vs Intermediate-Term Government ?

It's no mystery that agency bonds pay higher yield than treasury bonds. The reason? Treasury bonds are explicitly guaranteed by the US Government, while most agency debt is not.
by Call_Me_Op
Thu May 11, 2017 6:38 am
Forum: Investing - Theory, News & General
Topic: Gundlach shorts S&P 500, says passive investing is a 'myth'
Replies: 51
Views: 6188

Re: Gundlach shorts S&P 500, says passive investing is a 'myth'

Jack FFR1846 wrote:The only line in the entire article that's worth reading:

Due to high costs and poor performance, actively managed funds have seen massive outflows and passively managed funds have seen massive inflows.


:sharebeer
by Call_Me_Op
Thu May 11, 2017 6:32 am
Forum: Personal Finance (Not Investing)
Topic: Seeking advice for retirees (age 69, perhaps $3 MM) that are unhappy with their advisors
Replies: 34
Views: 2878

Re: Seeking advice for retirees (age 69, perhaps $3 MM) that are unhappy with their advisors

This post outlines the reason I would never use an advisor. The past 2 years should have been very profitable. Investing properly is not hard, they just make you think it is. In what other endeavor is taking a long nap (or a series of them) potentially highly profitable?
by Call_Me_Op
Thu May 11, 2017 6:26 am
Forum: Investing - Theory, News & General
Topic: "Necessary but not sufficient. CEO McNabb explains why it takes more than low costs."
Replies: 4
Views: 1172

Re: "Necessary but not sufficient. CEO McNabb explains why it takes more than low costs."

The problem is, if the manager is active, he or she is doing a lot of trading - and someone has to pay for the trading costs. There are other risks in managed funds - one of the biggest being manager risk - the risk that the manager will do something stupid. In the equity space, indexing is the way ...
by Call_Me_Op
Thu May 11, 2017 6:17 am
Forum: Personal Finance (Not Investing)
Topic: any concern about keeping large amount of cash at Vanguard
Replies: 24
Views: 2995

Re: any concern about keeping large amount of cash at Vanguard

For ultimate safety, you could buy short-term treasuries.
by Call_Me_Op
Tue May 09, 2017 11:15 am
Forum: Personal Finance (Not Investing)
Topic: Boglehead Debt Free Scream! 174K in 53 months
Replies: 24
Views: 3549

Re: Boglehead Debt Free Scream! 174K in 53 months

Congratulations - although I do take issue with Dave Ramsey's debt-free screams. They always wake me after I dose-off during the first half of his show.
by Call_Me_Op
Mon May 08, 2017 6:09 am
Forum: Investing - Help with Personal Investments
Topic: managed vs indexed funds for international stocks
Replies: 16
Views: 1589

Re: managed vs indexed funds for international stocks

The problem with comparing active to index funds is you need to use the right index(es). If you do that, you will see that active funds are a loser's game.
by Call_Me_Op
Sat May 06, 2017 6:56 am
Forum: Investing - Theory, News & General
Topic: Why save so much for when you're old?
Replies: 163
Views: 18570

Re: Why save so much for when you're old?

Why is living lavishly a good thing?
by Call_Me_Op
Sat May 06, 2017 6:22 am
Forum: Investing - Help with Personal Investments
Topic: Margin
Replies: 4
Views: 475

Re: Margin

Thanks wolf - good explanation. I appreciate you doing this extra research.
by Call_Me_Op
Sat May 06, 2017 6:19 am
Forum: Investing - Theory, News & General
Topic: Why do stock prices move more while the market is open?
Replies: 11
Views: 1304

Re: Why do stock prices move more while the market is open?

The value of assets does not go up (or down) on their own. The prices are set by people who trade the assets.
by Call_Me_Op
Fri May 05, 2017 9:55 am
Forum: Investing - Help with Personal Investments
Topic: Margin
Replies: 4
Views: 475

Re: Margin

Please see Boglehead wiki on Margin. https://www.bogleheads.org/wiki/Margin A Margin account is simply an account that is authorized to use margin. If you are not using it, then there is no effect. What you're worried about is called "Securities Lending." That's a little different, and is...
by Call_Me_Op
Fri May 05, 2017 9:42 am
Forum: Investing - Help with Personal Investments
Topic: Margin
Replies: 4
Views: 475

Margin

When you have a brokerage account and your assets are listed as being held in a Margin account (but you are not borrowing these assets - this is your money), what does that really mean and what are the implications? Does this mean that the brokerage firm can lend your assets to other firms - placing...
by Call_Me_Op
Fri May 05, 2017 6:27 am
Forum: Investing - Theory, News & General
Topic: U.S. SEC approves request to list quadruple-leveraged ETFs
Replies: 27
Views: 2220

Re: U.S. SEC approves request to list quadruple-leveraged ETFs

Are losses in these ETF's limited to the amount invested? What happens if the market tumbles 30%?
by Call_Me_Op
Fri Apr 28, 2017 11:30 am
Forum: Investing - Theory, News & General
Topic: Five year CD paying more than 10 yr. treasury
Replies: 30
Views: 4383

Re: Five year CD paying more than 10 yr. treasury

I noticed a few minutes ago that five year CD's at Schwab are paying 2.35 percent. The ten year treasury bond is quoted at yield of 2. 30 percent. Why would a five year CD pay more than a 10 year treasury? It cant be liquidity alone ( I don't think). liquidity and safety (i.e., guaranteed interest ...
by Call_Me_Op
Fri Apr 28, 2017 7:33 am
Forum: Investing - Theory, News & General
Topic: "ETFs Are 'Weapons of Mass Destruction'"
Replies: 37
Views: 4411

Re: "ETFs Are 'Weapons of Mass Destruction'"

willthrill81 wrote:Translation: The low-cost ETFs (and index funds) out there are weapons of THEIR mass destruction. :D


Indeed.
by Call_Me_Op
Sat Apr 22, 2017 12:17 pm
Forum: Investing - Help with Personal Investments
Topic: Taxation of Treasury Bills (Question)
Replies: 8
Views: 646

Re: Taxation of Treasury Bills (Question)

OK, I think I understand. If I hold to maturity, the appreciation in value is treated as ordinary income but not subject to state taxation. If I sell prior to maturity, the capital gain is the difference between the sales price and the cost base plus accrued interest. The capital gain can be negativ...
by Call_Me_Op
Sat Apr 22, 2017 7:03 am
Forum: Investing - Help with Personal Investments
Topic: Taxation of Treasury Bills (Question)
Replies: 8
Views: 646

Re: Taxation of Treasury Bills (Question)

Ordinary income (interest). Not taxable at the state level. If you sell prior to maturity there is also a possible capital gain or loss. That is the crux of my question. It would seem that it is all capital gain or loss. For example, say I buy a TBill at a price of 99.5 and sell the day before matu...
by Call_Me_Op
Sat Apr 22, 2017 6:45 am
Forum: Investing - Help with Personal Investments
Topic: Taxation of Treasury Bills (Question)
Replies: 8
Views: 646

Taxation of Treasury Bills (Question)

This question assumes a taxable account. Treasury bills are sold at a price less than face value and the investor (who owns the security) receives the face value at maturity. The investor may sell prior to maturity and receive more or less (usually less) than the face value. My question is how is th...
by Call_Me_Op
Thu Apr 20, 2017 11:17 am
Forum: Investing - Theory, News & General
Topic: Larry Swedroe says "Goodbye."
Replies: 336
Views: 37637

Re: Larry Swedroe says "Goodby."

Larry is an invaluable resource, as we all know. He is the only person to be named in my IPS. I'll miss him posting here, but fully understand his reasons. It's comforting to know he still can be reached.

Larry, thanks for all of your help in understanding investing.
by Call_Me_Op
Tue Apr 04, 2017 7:19 am
Forum: Investing - Theory, News & General
Topic: Larry-ish Portfolio, But Easier To Implement. Thoughts?
Replies: 58
Views: 5479

Re: Larry-ish Portfolio, But Easier To Implement. Thoughts?

[NOTE: Someone has almost certainly thought of this before and posted about it, and I just missed it when I searched through the topic. Sorry in advance.] Ever since I learned about the Larry Portfolio, I've been intrigued by it. But without access to DFA funds, it's really difficult to implement t...
by Call_Me_Op
Tue Apr 04, 2017 6:49 am
Forum: Investing - Theory, News & General
Topic: Social Security for Millennials
Replies: 144
Views: 14393

Re: Social Security for Millennials

Rules-of-thumb that say you need to save a certain amount based upon your salary are, IMHO, totally meaningless. What matters is what you will be spending.

But directly to the original poster's question, I quote the late Harry Browne; "Consider Social Security to be found money."
by Call_Me_Op
Sun Apr 02, 2017 6:21 am
Forum: Investing - Help with Personal Investments
Topic: Is anyone decreasing % of bonds this year?
Replies: 91
Views: 7504

Re: Is anyone decreasing % of bonds this year?

silverskates wrote:I apologize if this has been discussed already but I'm curious if anyone is changing their bond allocation because of the increase in interest rates.


Why would someone bail out of bonds AFTER a rate increase?

Go to advanced search