Search found 259 matches

by Copernicus
Mon Oct 16, 2017 2:06 pm
Forum: Personal Consumer Issues
Topic: Verizon TravelPass
Replies: 45
Views: 3232

Re: Verizon TravelPass

So, from a travelpsass country abroad, if you call or text a number in the US and the travelpass country you are in, Verizon simply counts those call minutes as if called within US? And if you call a number outside the country that you have travelpass for, then international rates apply. Is this cor...
by Copernicus
Sun Oct 15, 2017 12:19 am
Forum: Personal Consumer Issues
Topic: Verizon TravelPass
Replies: 45
Views: 3232

Re: Verizon TravelPass

RudyS wrote:
Sat Oct 14, 2017 9:42 am
But is might be relevant- I'm 80, and not part of the "be on the phone every minute" generation.
Bravo!!
by Copernicus
Fri Oct 06, 2017 7:22 pm
Forum: Investing - Theory, News & General
Topic: Peter L. Bernstein: Cash BETTER than Bonds
Replies: 64
Views: 7351

Re: Peter L. Bernstein: Cash BETTER than Bonds

the 1989 article Total Bond Market Index Fund has returned about 6% a year since 1989. How much has cash returned? I have really enjoyed reading the replies to my post! The whole point of the original post was not about maximizing returns from each asset class, but searching for a portfolio that yi...
by Copernicus
Tue Oct 03, 2017 6:03 pm
Forum: Investing - Theory, News & General
Topic: Peter L. Bernstein: Cash BETTER than Bonds
Replies: 64
Views: 7351

Re: Peter L. Bernstein: Cash BETTER than Bonds

I have just re-listened to Russ Roberts's 2009 interview with Nassim Taleb on EconTalk. It took place in March 2009, when the market was at its lowest point. (Obviously, they did not know that at the time.) Roberts and Taleb have agreed that the 2008-2009 crisis has demonstrated that cash is an ass...
by Copernicus
Mon Oct 02, 2017 7:10 pm
Forum: Investing - Theory, News & General
Topic: Peter L. Bernstein: Cash BETTER than Bonds
Replies: 64
Views: 7351

Peter L. Bernstein: Cash BETTER than Bonds

I am NOT thinking giving up on bonds for the fear of rising rates. Recently, I read the 1989 article by Peter L. Bernstein where he recommends that cash should replace bonds in portfolios. Mr. Bernstein states, without reservations, that “bonds should trade places with cash as the “residual stepchil...
by Copernicus
Wed Sep 27, 2017 12:42 pm
Forum: Personal Consumer Issues
Topic: Verizon TravelPass
Replies: 45
Views: 3232

Re: Verizon TravelPass

[/quote] Just learnt about the 'download' function in this thread! I downloaded Prague map and looked for direction off-line by going airplane mode. I was able to get directions for driving, but not for walking or public transport, or any other options! The message, "No routes found". Have iphone 7....
by Copernicus
Wed Sep 27, 2017 12:37 pm
Forum: Personal Consumer Issues
Topic: Verizon TravelPass
Replies: 45
Views: 3232

Re: Verizon TravelPass

i<3Investing wrote:
Wed Sep 27, 2017 1:02 am
I highly recommend GoogleFi for travel. It's magically good. I've had co-workers who've used it in Europe without problem.
Thank you! I have iPhone and unfortunately, it does not work for iPhone. :(
by Copernicus
Wed Sep 27, 2017 11:53 am
Forum: Personal Consumer Issues
Topic: Verizon TravelPass
Replies: 45
Views: 3232

Re: Verizon TravelPass

Using Google maps offline by downloading maps when on wifi works great, or even downloading the maps when home. I went overseas and was able to use the GPS on my phone without using data for driving directions. However, and I never figured out if this was just something I was doing wrong, I don't b...
by Copernicus
Tue Sep 26, 2017 7:29 pm
Forum: Personal Consumer Issues
Topic: Verizon TravelPass
Replies: 45
Views: 3232

Re: Verizon TravelPass

............. I prefer to get a local SIM, since it is usually about 20 Euro for plenty of talk/text/data. And, since you have a Verizon phone, the SIM is unlocked. Recent rules in Europe allow you to roam with your data across Europe without paying extra. How to find how much talk/text/data is cov...
by Copernicus
Tue Sep 26, 2017 7:26 pm
Forum: Personal Consumer Issues
Topic: Verizon TravelPass
Replies: 45
Views: 3232

Re: Verizon TravelPass

I will be traveling for about 8 days in Prague and 12 in UK. Where does one get the SIM card and does the same card work in both countries?
by Copernicus
Tue Sep 26, 2017 7:13 pm
Forum: Personal Consumer Issues
Topic: Verizon TravelPass
Replies: 45
Views: 3232

Verizon TravelPass

I have Verizon with unlimited domestic calls and texts, and 2 Gb data. I want to use it in Prague and London for walking directions to places, some calls, texts, etc. If I get Verizon TravelPass, I would pay $10 per day/24 hours, and consume my domestic data package. If I use less than my 2 Gb data ...
by Copernicus
Sun Sep 17, 2017 7:53 pm
Forum: Investing - Theory, News & General
Topic: The Difference Between Risk and Uncertainty
Replies: 41
Views: 2895

Re: The Difference Between Risk and Uncertainty

Uncertainty has only one definition, whereas, risk is defined differently depending on the context. Investment returns are uncertain. The more uncertain the outcome the more risky the venture. Some may simply define risk as the possibility of a loss of investment value. When markets reach new highs,...
by Copernicus
Sun Aug 27, 2017 7:48 pm
Forum: Investing - Theory, News & General
Topic: Vanguard’s New Bond ETFs
Replies: 0
Views: 388

Vanguard’s New Bond ETFs

http://www.barrons.com/articles/vanguar ... 1503724850

Anyone know what the proportions of individual ETFs will constitute the new ETF of ETFs?
And how would you use such a product in your portfolio?
by Copernicus
Sun Jun 18, 2017 10:50 pm
Forum: Investing - Theory, News & General
Topic: Moving to SF Bay Area, Considering REITs for investments
Replies: 14
Views: 2277

Re: Moving to SF Bay Area, Considering REITs for investments

I went through the exact same thing a long time ago. Sold house on the East Coast, moved with the family to Bay Area, rented for 5 - 6 years, until I felt sure that I will live here for good. No, I did not buy REITs. I would suggest just putting money into S&P Index fund and hope for the best. I wil...
by Copernicus
Thu May 25, 2017 5:50 pm
Forum: Personal Finance (Not Investing)
Topic: TRUST - If Original copies are missing
Replies: 1
Views: 429

TRUST - If Original copies are missing

State: California
When the Trustee dies, the original copies are missing from both the family and the attorney who prepared the trust. Only electronic copies are available. Is that a big problem for the inheritors?
What do they have to do to receive the assets in the trust after the Trustee dies?
by Copernicus
Sun Apr 30, 2017 12:33 pm
Forum: Personal Finance (Not Investing)
Topic: Help create a Financial Presentation: Calling all Bogleheads
Replies: 122
Views: 18757

Re: Help create a Financial Presentation: Calling all Bogleheads

If there is any ongoing project where I can be of help, please let me know. I would like to contribute, but am unsure what assistance I might be able to provide.
by Copernicus
Sun Apr 23, 2017 11:20 pm
Forum: Investing - Theory, News & General
Topic: Passive and Active, All the Time?
Replies: 15
Views: 1597

Re: Passive and Active, All the Time?

Searching, and failing to find, Sauter's paper, I did run across this, from Vanguard U.K., which Vanguard warns is only for institutional investors--"This video is directed at professional investors and should not be distributed to, or relied upon by retail investors." Combining Active an...
by Copernicus
Sun Apr 23, 2017 8:19 pm
Forum: Investing - Theory, News & General
Topic: Passive and Active, All the Time?
Replies: 15
Views: 1597

Re: Passive and Active, All the Time?

You could use a passive/active approach, particularly with Vanguard where you have active funds that are both low-cost and relatively good performers. I have invested active/passive for years now though my passive portion is growing and the active portion is shrinking in portfolio weighting. Since ...
by Copernicus
Sun Apr 23, 2017 3:56 pm
Forum: Investing - Theory, News & General
Topic: Passive and Active, All the Time?
Replies: 15
Views: 1597

Passive and Active, All the Time?

m In posting this article in Barron's, I am interested in knowing if any experts agree/disagree with the observation that there have been periods in market history when active performed better than passive investing, what were those periods, and how does one find a listing of such historical returns...
by Copernicus
Wed Mar 22, 2017 7:37 pm
Forum: Personal Consumer Issues
Topic: Kitchen island
Replies: 43
Views: 2844

Re: Kitchen island

the space between counters on all sides should be sufficient to move your biggest appliance in and out, plus some more room. It looks like you have sufficient space between counters, but sometimes the dolly carrying the appliance may be bigger or, with the angles around the island, more room can be ...
by Copernicus
Mon Mar 13, 2017 7:52 pm
Forum: Local Chapters and Bogleheads Community
Topic: Wiki - Create your own book, download PDF files
Replies: 6
Views: 2101

Re: Wiki - Create your own book, download PDF files

LadyGeek,
I was thinking that if a PDF is available to download from the wiki itself for each 'chapter' or section, an individual reader could easily download the information area of immediate interest, instead of each member making PDFs of individual pages. Thanks,
by Copernicus
Sun Mar 12, 2017 7:33 pm
Forum: Local Chapters and Bogleheads Community
Topic: Wiki - Create your own book, download PDF files
Replies: 6
Views: 2101

Re: Wiki - Create your own book, download PDF files

Has anyone created a PDF of the whole wiki? It would be good to access and print it whole, and use it as a ready reference.
(I love print medium.)
by Copernicus
Fri Mar 10, 2017 1:54 pm
Forum: Personal Finance (Not Investing)
Topic: Trust and Will questions
Replies: 0
Views: 301

Trust and Will questions

State: California. We have a family trust of the A/B kind, formed in 2008. Wills, powers of attorneys and health care directives were also written. The laws changed 3-4 years ago, and we can not decide whether it is worth spending $ 3500 to re-write the trust. Please comment whether I am understandi...
by Copernicus
Thu Mar 02, 2017 1:08 pm
Forum: Personal Finance (Not Investing)
Topic: What are the big things to get right?
Replies: 91
Views: 13763

Re: What are the big things to get right?

Wonderful advice by other posters. To add - To watch what one resists. The thing one resist becomes more and more powerful, and influences all decisions. Pay complete attention to it, fully acknowledge it, describe/write it to yourself, and then set it aside. This process takes away its power to rul...
by Copernicus
Sun Feb 26, 2017 4:20 pm
Forum: Investing - Theory, News & General
Topic: Rebalancing frequency - Balanced funds
Replies: 11
Views: 1322

Re: Rebalancing frequency - Balanced funds

peppers wrote:Here is a link to a Vanguard paper on rebalancing. It might be of interest.

https://www.vanguard.com/pdf/icrpr.pdf


peppers, Thank you for the VG article.
by Copernicus
Sun Feb 26, 2017 4:18 pm
Forum: Investing - Theory, News & General
Topic: Rebalancing frequency - Balanced funds
Replies: 11
Views: 1322

Re: Rebalancing frequency - Balanced funds

. pwesben, In general, I agree that balanced funds might not aggressively rebalance on a daily basis, but they would need to do something with daily money flows, so would automatically be rebalancing at least to the degree of their money flows in and out on a daily basis. I strongly suspect Wellesl...
by Copernicus
Sat Feb 25, 2017 2:38 pm
Forum: Investing - Theory, News & General
Topic: Rebalancing frequency - Balanced funds
Replies: 11
Views: 1322

Rebalancing frequency - Balanced funds

In balanced funds, rebalancing must happen daily as the fund hopefully receives new investments. On the other hand, Mr. Bogle and others recommend that rebalancing should ideally be done 'rarely and only slightly'. Is there any discussion of whether/how the daily rebalancing in a balanced fund could...
by Copernicus
Wed Dec 28, 2016 12:24 am
Forum: Investing - Help with Personal Investments
Topic: Buy Fixed Income - Buy All in One Step or Gradually??
Replies: 5
Views: 740

Re: Wrong focus

So, focusing on total return , the question is which option. I had thought that for bonds, there might be a way to model the two options assuming certain rate change schedule. Copernicus: Two thoughts: 1. Bonds are not for "total return." Add more stocks for "total return." Bond...
by Copernicus
Tue Dec 27, 2016 8:30 pm
Forum: Investing - Help with Personal Investments
Topic: Buy Fixed Income - Buy All in One Step or Gradually??
Replies: 5
Views: 740

Re: Buy Fixed Income - Buy All in One Step or Gradually??

Copernicus: Don't overthink this. I doubt if you even know your best bond allocation within 10%. I don't. The sooner you get to your desired asset allocation the better. In other words, do it now. *Exception: If you are selling stocks with capital gains in a taxable account, wait until January to p...
by Copernicus
Tue Dec 27, 2016 5:11 pm
Forum: Investing - Help with Personal Investments
Topic: Buy Fixed Income - Buy All in One Step or Gradually??
Replies: 5
Views: 740

Buy Fixed Income - Buy All in One Step or Gradually??

This is a subtopic from another post (ref. below). According to my IPS, it is time for me to raise my fixed income allocation by 10%. I have freed up the funds needed for the AA shift. This is a big move for me. For investing in stocks, there are two schools of thought: go all in or DCA. But what ab...
by Copernicus
Tue Dec 27, 2016 12:35 pm
Forum: Investing - Help with Personal Investments
Topic: Asset Allocation Shift and Asset Relocation
Replies: 9
Views: 1107

Re: Asset Allocation Shift and Asset Relocation

brad.clarkston wrote:VSS has always confused me. It's listed as a small-cap that's really a mid-cap verses something like VBR that's a true small-cap.

Ya. My guess is, that is about the best VG can do reaching down to perhaps lower volume small cap in the international market.
by Copernicus
Tue Dec 27, 2016 12:22 am
Forum: Investing - Help with Personal Investments
Topic: Asset Allocation Shift and Asset Relocation
Replies: 9
Views: 1107

Re: Asset Allocation Shift and Asset Relocation

My 2 cents, feel free to disregard if I missed something. - I am going to put all index ETFs needed for future rebalancing in IRA, including bonds; but large portion of bond holdings in taxable. This will reduce tax impact when rebalancing. Bit confused here - this seems counterintuitive - ETFs are...
by Copernicus
Mon Dec 26, 2016 4:29 pm
Forum: Personal Consumer Issues
Topic: How to get rid of your belly........
Replies: 82
Views: 11489

Re: How to get rid of your belly........

I think that having extra weight makes exercising a bit difficult, and the focus stays on having extra weight, instead of having a positive state of mind. People think of aggressive dieting/exercising as a sign of positive mindset, but I think its just ego, which will always defeat us. I suggest a s...
by Copernicus
Mon Dec 26, 2016 2:19 pm
Forum: Investing - Help with Personal Investments
Topic: Asset Allocation Shift and Asset Relocation
Replies: 9
Views: 1107

Asset Allocation Shift and Asset Relocation

Goals: - According to my IPS, I am now shifting my AA from 60:40 to 50:50 (combined both spouses). - Incoming new money will not be sufficient for substantial rebalancing. Additionally, the current asset locations are clumsy, and potential tax impact makes rebalanicng impossible. Hence, asset reloca...
by Copernicus
Sat Dec 17, 2016 6:20 pm
Forum: Investing - Help with Personal Investments
Topic: Good News For Bonds!
Replies: 98
Views: 12610

Re: Good News For Bonds!

Hi Copernicus. I enjoyed your book . At this spot, but only this one, I'm going to quote you out of sequence: ... Correct? I think you grasp the basic dynamics, but I'd like to state them more precisely. I'll quote you bit by bit, not leaving anything out, and I'm not arguing with you. I'm just emb...
by Copernicus
Thu Dec 15, 2016 8:11 pm
Forum: Investing - Help with Personal Investments
Topic: VG ETFs vs SCHWAB ETFs
Replies: 29
Views: 3418

Re: VG ETFs vs SCHWAB ETFs

If I had an account at Schwab and I did not have an account at Vanguard, and if SCHB were available at zero commission and VTI cost me something, I'd do a quick reality check on the growth charts to verify what I assume--that the two are basically interchangeable--let's go look. I have to plot a mu...
by Copernicus
Thu Dec 15, 2016 8:05 pm
Forum: Investing - Help with Personal Investments
Topic: Good News For Bonds!
Replies: 98
Views: 12610

Re: Bonds are for Safety

Bogleheads: We tend to concentrate on bond returns . This is not what bonds are for. Bonds are primarily to reduce the loss in our portfolio when stocks plunge. Use stocks for higher expected returns. Best wishes and Happy Holiday! Taylor Taylor, Thank you. I have read your reminder of this fact in...
by Copernicus
Thu Dec 15, 2016 8:02 pm
Forum: Investing - Help with Personal Investments
Topic: Good News For Bonds!
Replies: 98
Views: 12610

Re: Good News For Bonds!

... As I understand it, if you hold your bond fund longer than the fund's duration, you should actually start to see a benefit from the higher rates. That's true in a simplified world, because it only refers to one yield change at one point in time, but it's good as a conceptual guide. In reality y...
by Copernicus
Tue Dec 13, 2016 4:46 pm
Forum: Investing - Help with Personal Investments
Topic: VG ETFs vs SCHWAB ETFs
Replies: 29
Views: 3418

Re: VG ETFs vs SCHWAB ETFs

All replies are very helpful!
nisiprius and livesoft, Thanks for sharing the step-wise, logical thought process!
by Copernicus
Tue Dec 13, 2016 1:31 pm
Forum: Investing - Help with Personal Investments
Topic: VG ETFs vs SCHWAB ETFs
Replies: 29
Views: 3418

VG ETFs vs SCHWAB ETFs

I have both VG and Schwab accounts. I find that Schwab ETFs are comparable to, and much less expensive than VG ETFs. I plan to use Schwab ETFs in my Schwab account. Am I missing anything? Examples: VOO = SCHX ...............NO OF HOLDINGS 514, 744.................EXP 0.05%, .0.03%..........YIELD ..2...
by Copernicus
Fri Dec 09, 2016 12:30 pm
Forum: Investing - Theory, News & General
Topic: Explain why Rebalancing isn't Market Timing?
Replies: 241
Views: 11097

Re: Explain why Rebalancing isn't Market Timing?

HomerJ wrote:Reacting to what has already happened is rebalancing.

Market-timing is making changes based on what you THINK will happen in the future.



+ 1
by Copernicus
Tue Dec 06, 2016 8:52 pm
Forum: Investing - Help with Personal Investments
Topic: RMD Dilemma
Replies: 30
Views: 4484

Re: RMD Dilemma

Bogle0048, I read your post with interest as I am also considering these things myself. Perhaps, it is not possible for you to explain this but Sorry, somehow, the numbers did not make sense to me because of these statements: My wife and I are in a similar circumstance, though not with as much as th...
by Copernicus
Fri Dec 02, 2016 2:55 pm
Forum: Investing - Help with Personal Investments
Topic: Life-changing event just happened. Seeking portfolio review and guidance
Replies: 35
Views: 3181

Re: Life-changing event just happened. Seeking portfolio review and guidance

Sorry to read about the situation. Excellent suggestions related to finances have already been given. I would suggest paying off the credit card balance as soon as practical. Using average longevity in years, it is usually easy to compare scenarios for lump sum vs each annuity option and spousal ben...
by Copernicus
Thu Dec 01, 2016 10:57 am
Forum: Personal Finance (Not Investing)
Topic: What level of wealth will get the attention of an estate attorney?
Replies: 39
Views: 6681

Re: What level of wealth will get the attention of an estate attorney?

Guorami, I do not understand why net worth is of any consequence in drafting a document, which has no mention of the size of the estate. It may be of consequence when implementing the directions of the document, i.e., after the estate is inherited. In California, you can have trust written by an att...
by Copernicus
Thu Dec 01, 2016 10:43 am
Forum: Investing - Help with Personal Investments
Topic: Move all equities to taxable?
Replies: 5
Views: 883

Re: Move all equities to taxable?

65k in taxable versus 100k in tax deferred gives you about the same weighting. In that case stocks in tax deferred will tend to outperform (no tax drag is more important than TLH benefits) Do you actually adjust the asset allocation weights in portfolio to account for tax impact when a position wou...
by Copernicus
Sat Nov 26, 2016 8:56 am
Forum: Investing - Help with Personal Investments
Topic: High yield corporate (VWEAX) vs REIT (VNQ)
Replies: 6
Views: 1359

Re: High yield corporate (VWEAX) vs REIT (VNQ)

I don't think it makes any sense to invest in a REIT fund unless one is going to sell some shares after it exceeds one's upper range rebalancing trigger point and also buy some shares after it drops below one's lower range rebalancing trigger point. Also, I really don't care about accumulating divi...
by Copernicus
Sat Nov 26, 2016 8:50 am
Forum: Investing - Theory, News & General
Topic: Rebalancing bands revisited, a proposal
Replies: 66
Views: 8146

Re: Rebalancing bands revisited, a proposal

With all else equal, your ability to take risk is less when older, .... I would assert that one's ability to take risk is at a minimum plus-or-minus a few years around their retirement day. Others have suggested something similar. As one gets older, the number of years that a portfolio needs to las...
by Copernicus
Fri Nov 25, 2016 12:38 pm
Forum: Investing - Theory, News & General
Topic: Rebalancing bands revisited, a proposal
Replies: 66
Views: 8146

Re: Rebalancing bands revisited, a proposal

I went through almost all the posts. Excellent information. However, I would say that people should not, perhaps naively, apply a fixed guideline like 5/25 to different size portfolios. It makes sense that whether one has a total portfolio of $ 10000 or $ 10 million, 5% is 5%. But actually, it is no...
by Copernicus
Thu Nov 24, 2016 3:27 pm
Forum: Investing - Help with Personal Investments
Topic: High yield corporate (VWEAX) vs REIT (VNQ)
Replies: 6
Views: 1359

High yield corporate (VWEAX) vs REIT (VNQ)

http://quotes.morningstar.com/chart/fund/chart.action?t=VWEAX&region=usa&culture=en-US http://quotes.morningstar.com/chart/etf/chart.action?t=VNQ&region=usa&culture=en-US&productcode=COM VWEAX has much lower volatility than VNQ. Yields: VWEAX 5.71%, VNQ: 3.72% I have some money ...
by Copernicus
Wed Nov 23, 2016 3:14 pm
Forum: Personal Finance (Not Investing)
Topic: Joint accounts with kids
Replies: 34
Views: 3502

Re: Joint accounts with kids

BTW, what does it men when this appears below the reply: " This signature message sponsored by sscritic: Learn to fish."? Refers to a well respected, missed and extremely knowledgable former forum poster, one motto was "learn to fish". Instead of relying on others to do for you,...