Search found 2994 matches

by CyberBob
Tue Jan 17, 2017 10:55 am
Forum: Investing - Help with Personal Investments
Topic: mirror image of VBINX
Replies: 6
Views: 413

Re: mirror image of VBINX

Just buy the two funds separately. Total Stock Index Admiral (VTSAX) 40% Total Bond Index Admiral (VBTLX) 60% The advantage of a combined balanced fund is that it does the rebalancing for you, but that's not too hard to do with two funds. When you make withdrawals, just withdraw from whichever fund ...
by CyberBob
Sat Jan 07, 2017 9:16 am
Forum: Investing - Theory, News & General
Topic: Treasury returns historically almost match corporate bonds?
Replies: 9
Views: 844

Re: Treasury returns historically almost match corporate bonds?

You should check out the book Unconventional Success by David Swensen (who runs the endowment fund for Yale University).
He gives some reasons why Treasury bonds should be considered a 'core' asset class, while corporate bonds are 'non-core'.
by CyberBob
Fri Jan 06, 2017 2:34 pm
Forum: Investing - Help with Personal Investments
Topic: Problem: Electronic transfer limits. Also: portfolio advice.
Replies: 17
Views: 769

Re: Problem: Electronic transfer limits. Also: portfolio advice.

You don't transfer it from your bank, you give Vanguard your account info and let them pull it via ACH. Thanks for the help. Are there limits to the transfer If I do it on the Vanguard site? Please explain "pull it via ACH" ?? Thanks again. Under your account online, go to the 'Account Ma...
by CyberBob
Fri Jan 06, 2017 2:00 pm
Forum: Investing - Help with Personal Investments
Topic: Problem: Electronic transfer limits. Also: portfolio advice.
Replies: 17
Views: 769

Re: Problem: Electronic transfer limits. Also: portfolio advice.

You don't transfer it from your bank, you give Vanguard your account info and let them pull it via ACH.
by CyberBob
Wed Dec 21, 2016 11:17 pm
Forum: Personal Finance (Not Investing)
Topic: Looking to Drop Wells Fargo for Online Banking
Replies: 48
Views: 2654

Re: Looking to Drop Wells Fargo for Online Banking

So you need to use your credit cards and put that debit card away except for special emergencies. Credit cards are insured. Debit cards are not. Let's not spread disinformation here. According to the law, the Electronic Funds Transfer Act (EFTA), Electronic Fund Transfers (Regulation E) Section 100...
by CyberBob
Sat Dec 17, 2016 10:56 pm
Forum: Personal Finance (Not Investing)
Topic: Employer Requiring Travel to "No Travel" Country
Replies: 48
Views: 6748

Re: Employer Requiring Travel to "No Travel" Country

Currently, the organization is looking for volunteers. So far, there aren't any. That is a great summation of how I was able to retire at 42: I always volunteered. The results over the years were fabulous for me. I never worried about job security, as I got to be relied upon so much that layoffs ne...
by CyberBob
Sun Dec 11, 2016 10:35 am
Forum: Investing - Theory, News & General
Topic: Jason Zweig - Ben Graham speech
Replies: 16
Views: 4421

Re: Jason Zweig - Ben Graham speech

This is a very interesting speech for anyone interested in Graham.
Unfortunately, since Jason Zweig updated his website, the link in the original post no longer works.
Here is an updated link: A REDISCOVERED MASTERPIECE BY BENJAMIN GRAHAM.
by CyberBob
Fri Dec 09, 2016 11:14 am
Forum: Investing - Theory, News & General
Topic: VT expense ratio dropped?
Replies: 22
Views: 2617

Re: VT expense ratio dropped?

The ETF is 0.14 and the fund is 0.25. The fund has always been more since there aren't any Admiral shares yet.

But looking at the numbers from the semi-annual report, it looks like the expenses are soon to drop to 0.23 for the fund and 0.11 for the ETF.
by CyberBob
Sun Oct 30, 2016 9:32 am
Forum: Personal Finance (Not Investing)
Topic: AllyBank CC [Credit Card]
Replies: 8
Views: 979

Re: AllyBank CC

...most brick and mortar banks I know, e.g. Wells Fargo, Chase, and Bank America, combine banking, savings, checking and credit card on the same web portal. Does anyone know why the online banks are different? Because they aren't actually the issuing Bank. For example, the Ally card, even though it...
by CyberBob
Thu Oct 20, 2016 9:17 am
Forum: Investing - Theory, News & General
Topic: [WSJ - What Does Nevada’s $35 Billion Fund Manager Do All Day? Nothing]
Replies: 35
Views: 2815

Re: WSJ - What Does Nevada’s $35 Billion Fund Manager Do All Day? Nothing

Interesting that the U.S. equities are in the S&P 500, so no small-caps.
And the international equities are in the EAFE, so no emerging markets.
by CyberBob
Mon Oct 17, 2016 2:02 pm
Forum: Investing - Help with Personal Investments
Topic: Is Buffett's 90/10 Asset Allocation Sound?
Replies: 61
Views: 7615

Re: Is Buffett's 90/10 Asset Allocation Sound?

A key point is how large is the 10% allocation to short-term treasuries, and what are his wife's future spending needs? If the 10% allocation to short-term treasuries is enough to cover, say 20 or 30 years of living expenses, she will be relatively immune to the variance in returns of the 90% alloc...
by CyberBob
Mon Oct 17, 2016 9:40 am
Forum: Investing - Help with Personal Investments
Topic: Is Buffett's 90/10 Asset Allocation Sound?
Replies: 61
Views: 7615

Re: Is Buffett's 90/10 Asset Allocation Sound?

I noticed two problems with the article: 1. Like most articles discussing this, he goes right to the "she's got a boat-load of money, so she can take more risk" conclusion. In reality, Warren Buffett has mentioned her having a 3-4% withdrawal rate, the same numbers we talk about here. So w...
by CyberBob
Tue Oct 11, 2016 9:11 am
Forum: Investing - Help with Personal Investments
Topic: Vanguard Total World Stock Index Fund Review
Replies: 49
Views: 8324

Re: Vanguard Total World Stock Index Fund Review

I also hope the VT ETF ER (currently 0.14%) will continue to drop as it continues to grow. I expect to see a drop for the annual number, because according to the April 30, 2016 semiannual report: For the six months ended April 30, 2016, the fund’s annualized expense ratios were 0.23% for Investor S...
by CyberBob
Tue Oct 04, 2016 1:04 pm
Forum: Personal Finance (Not Investing)
Topic: credit during retirement
Replies: 5
Views: 727

Re: credit during retirement

I've gotten new credit cards since I retired (11 years ago) without any problems. I applied for them online and got instant approval. I assume that since it happened instantly, that they were only looking at the credit score associated with my social security number. I've always just put 'retired' i...
by CyberBob
Wed Aug 17, 2016 9:09 am
Forum: Investing - Help with Personal Investments
Topic: Why did VBR move to various tracking indices
Replies: 18
Views: 1802

Re: Why did VBR move to various tracking indices

Vanguard principal Joel Dickson said there were three reasons for the move to CRSP indexes: cost, cost, and cost.
http://www.morningstar.com/cover/videoc ... ?id=569429
by CyberBob
Sat Jul 09, 2016 3:40 pm
Forum: Investing - Help with Personal Investments
Topic: wait for the drop?
Replies: 75
Views: 7279

Re: wait for the drop?

    “Far more money has been lost by investors preparing for corrections, or trying to anticipate corrections, than has been lost in corrections themselves.”
    -- Peter Lynch
by CyberBob
Tue Jun 07, 2016 9:12 am
Forum: Investing - Theory, News & General
Topic: Are bogleheads recommended books still good enough?
Replies: 12
Views: 1379

Re: Are bogleheads recommended books still good enough?

I would suggest reading the free Bill Bernstein book If You Can . It's a fabulous! book(let). In the PDF form, it's an easy read at only 16 pages. What makes it even better is that at the end of each section he gives a book reading assignment, such as The Millionaire Next Door , Bogle's Common Sense...
by CyberBob
Thu Jun 02, 2016 10:07 am
Forum: Investing - Theory, News & General
Topic: Where's the ultimate index fund???
Replies: 11
Views: 1859

Re: Where's the ultimate index fund???

In 2006, 'the next big thing' was going to be an index fund based on the MSCI Global Capital Markets Index, but it never materialized. Here's a Bloomberg article on it: In Search of a Global Index Fund . Annoyingly, MSCI no longer even makes the breakdown of that index publicly available. But it use...
by CyberBob
Fri May 27, 2016 1:57 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard 2 factor authentication
Replies: 11
Views: 1014

Re: Vanguard 2 factor authentication

teniralc wrote:...I sometimes travel and my cell does not accept texts out of the US.

Vanguard also has an option for automated voice calls instead of texts.
by CyberBob
Tue May 03, 2016 4:00 pm
Forum: Personal Consumer Issues
Topic: Sci-Fi ... your favorite movies and episodes??
Replies: 145
Views: 14005

Re: Sci-Fi ... your favorite movies and episodes??

Movie: Forbidden Planet
TV: Firefly
by CyberBob
Fri Apr 29, 2016 2:30 pm
Forum: Investing - Theory, News & General
Topic: Foreign Tax Credit, Form 1116, Double Taxation
Replies: 16
Views: 1546

Re: Foreign Tax Credit, Form 1116, Double Taxation

There is a limit on the credit. Maybe you're bumping up against that. I get hosed out of some of the credit almost every year since my foreign divs are a relatively high portion of an otherwise low tax liability. From IRS Publication 514: Your foreign tax credit cannot be more than your total U.S. t...
by CyberBob
Fri Apr 15, 2016 9:39 am
Forum: Investing - Theory, News & General
Topic: Odd difference in portfolio between Total International ETFs
Replies: 6
Views: 539

Re: Odd difference in portfolio between Total International ETFs

If you look at IXUS holdings directly at the iShares site it doesn't show the odd holdings, so probably a Fidelity error.
https://www.ishares.com/us/products/244 ... -stock-etf
by CyberBob
Tue Mar 29, 2016 8:45 pm
Forum: Investing - Help with Personal Investments
Topic: Quarterly taxes for 87 yr senior
Replies: 18
Views: 1491

Re: Quarterly taxes for 87 yr senior

From IRS Form 1040-ES (estimated tax), page 2:

You can pay all of your estimated tax by April 18, 2016, or in four equal amounts by the dates shown below...
by CyberBob
Fri Mar 25, 2016 12:12 pm
Forum: Investing - Theory, News & General
Topic: Malkiels Recommended Portfolio
Replies: 25
Views: 4032

Re: Malkiels Recommended Portfolio

In his latest book The Elements of Investing (written with Charles Ellis), they recommend a simple portfolio of Total World Stock Index and Total Bond Index. Malkiel recommends 75-90% in the stock fund for someone in their 20's and 30's. Ellis, who views inflation as a big threat, is more aggressive...
by CyberBob
Mon Mar 21, 2016 1:25 pm
Forum: Investing - Theory, News & General
Topic: Proposed: 35% Maximum Bond Allocation, For Life
Replies: 40
Views: 5372

Re: Proposed: 35% Maximum Bond Allocation, For Life

Bill Bernstein's liability matching advice seems like a better mousetrap because it calls for an amount in safe assets in retirement that is based on actual expenses, rather than an arbitrary percentage. 1) Pre-retirement: The smaller of a) 25% of your portfolio or b) 5 years living expenses. 2) Ret...
by CyberBob
Mon Mar 07, 2016 10:17 am
Forum: Investing - Theory, News & General
Topic: Vanguard/Schwab/Fidelity financial consulant
Replies: 21
Views: 3031

Re: Vanguard/Schwab/Fidelity financial consulant

inbox788 wrote:If Vanguard called, I'd ask them when they're going to implement two factor authentication...

They already have it, via automated phone call or text.
https://personal.vanguard.com/us/insigh ... ity-092015
by CyberBob
Sat Mar 05, 2016 10:10 am
Forum: Personal Consumer Issues
Topic: Weak Bank Password Policies Leave 350 Million Vulnerable, Say Researchers
Replies: 46
Views: 3643

Re: Weak Bank Password Policies Leave 350 Million Vulnerable, Say Researchers

It's probably not as bad as they make it out to be because your account would be locked after a few wrong guesses. (Assuming they haven't stolen the entire database and are doing it offline). Two-factor authentication comes into play too. Chase, for example, has it on by default, so if an attempt is...
by CyberBob
Fri Feb 12, 2016 12:50 pm
Forum: Personal Consumer Issues
Topic: Delta lost my luggage...
Replies: 29
Views: 3618

Re: Delta lost my luggage...

mouses wrote:Where does lost luggage wind up, I wonder...

At the Unclaimed Baggage store in Alabama
http://www.unclaimedbaggage.com
by CyberBob
Tue Feb 02, 2016 11:21 pm
Forum: Personal Finance (Not Investing)
Topic: What age did you retire
Replies: 84
Views: 8140

Re: What age did you retire

42

I don't regret not doing it earlier -- which would have been hard to do anyway.

I also don't regret doing it so early, as the last ten years have been just fine without worrying about any of that work-related nonsense that always seemed to pop up.
by CyberBob
Fri Jan 22, 2016 4:21 pm
Forum: Investing - Theory, News & General
Topic: Why don't people like the higher level of real estate allocation in Swensen lazy portfolio?
Replies: 33
Views: 3454

Re: Why don't people like the higher level of real estate allocation in Swensen lazy portfolio?

Swenson doesn't actually have an allocation specifically to REIT's. He's got an allocation to alternative and real assets. But alternative assets like private equity, venture capital stuff, buyout firms, and illiquid real assets like oil and gas wells and timber land would work for that allocation. ...
by CyberBob
Sun Jan 17, 2016 2:54 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Global Balanced Index Fund
Replies: 10
Views: 1624

Re: Vanguard Global Balanced Index Fund

Maybe the OP wants a fund that is not a "fund of funds". That would open up the possibility of admiral shares and allow for foreign tax credit if held in a taxable account. The foreign tax credit rules changed a few years back. Funds of funds, such as Lifestrategy and Retirement funds, ca...
by CyberBob
Mon Jan 11, 2016 3:29 pm
Forum: Investing - Theory, News & General
Topic: Have Vanguard's active funds added value
Replies: 32
Views: 4592

Re: Have Vanguard's active funds added value

Along the same lines, Jack Bogle had an interesting quote about what seemed to be an outperforming Wellington fund: In Wellington Fund's case, in the last decade 97% of its return has been determined by the return of the index I put together for them in 1978. http://news.investors.com/investing-mutu...
by CyberBob
Wed Jan 06, 2016 12:27 pm
Forum: Personal Consumer Issues
Topic: receiver recommendations
Replies: 15
Views: 1378

Re: receiver recommendations

Check out the Stereophile magazine Recommended Components list. There are some pretty good deals in the C category (although some are integrated amps, rather than receivers).
by CyberBob
Tue Jan 05, 2016 4:49 pm
Forum: Investing - Help with Personal Investments
Topic: Differences between "Total Bond" and "Global Bond" [Spain]
Replies: 4
Views: 587

Re: Differences between "Total Bond" and "Global Bond"

...My fault is not to know what are the differences between them... (and if you see my portfolio below, you'll see that it "stinks" to be using "Global bond" rather than "Total bond"...) PortfolioVisualizer lists their data sources for asset class returns here . Total ...
by CyberBob
Mon Jan 04, 2016 4:18 pm
Forum: Personal Finance (Not Investing)
Topic: Choosing % of Three Fund Portfolio
Replies: 17
Views: 2030

Re: Choosing % of Three Fund Portfolio

Page 1 of Bill Bernstein's book If You Can : Would you believe me if I told you that there's an investment strategy that a seven-year-old could understand, will take you fifteen minutes of work per year, outperform 90 percent of finance professionals in the long run, and make you a millionaire over ...
by CyberBob
Mon Dec 28, 2015 12:30 pm
Forum: Personal Consumer Issues
Topic: How to send bulk e-mail
Replies: 12
Views: 1301

Re: How to send bulk e-mail

You have a problem on the other end too. Even if you could send to 110 people, the recipient email provider will probably see that as spam because of so many names and not let it through. My email provider rejects any email with more than 7 addresses.
by CyberBob
Mon Dec 28, 2015 10:36 am
Forum: Investing - Help with Personal Investments
Topic: John Bogle vs. John "Age In Bonds" Bogle
Replies: 29
Views: 2364

Re: John Bogle vs. John "Age In Bonds" Bogle

There is also Bogle's more general advice from his first book Bogle on Mutual Funds:

Image
by CyberBob
Mon Dec 07, 2015 11:38 am
Forum: Personal Finance (Not Investing)
Topic: Net Worth -- Salary Ratio at age 30, 35, 40 if plan to retire at 55?
Replies: 17
Views: 4323

Re: Net Worth -- Salary Ratio at age 30, 35, 40 if plan to retire at 55?

The book The Millionaire Next Door has a formula: Multiply your age times your realized pretax annual household income from all sources except inheritances. Divide by ten. This, less any inherited wealth, is what your net worth should be. If your net worth equals the number from the above formula, y...
by CyberBob
Wed Nov 25, 2015 11:17 pm
Forum: Investing - Theory, News & General
Topic: Strictly Worse "Composite" Funds - Total World
Replies: 12
Views: 2041

Re: Strictly Worse "Composite" Funds - Total World

Interesting note: the latest semi-annual report for VT shows the expense ratio for the previous six months as having dropped from 0.17% to 0.14%.
by CyberBob
Wed Nov 25, 2015 3:08 pm
Forum: Personal Finance (Not Investing)
Topic: Do I have to keep all credit cards active?
Replies: 14
Views: 1855

Re: Do I have to keep all credit cards active?

Not using them should actually help, since it keeps your credit utilization low. Length and amount of credit is also important. Not using a card for a long time may eventually mean that the card is cancelled, causing a hit to both length and amount. It's often recommended that you use a card every s...
by CyberBob
Wed Nov 25, 2015 2:56 pm
Forum: Investing - Help with Personal Investments
Topic: Pfizer investors-ALERT
Replies: 21
Views: 3035

Re: Pfizer investors-ALERT

texasdude17 wrote:Does this mean Pfizer will no longer be in the Total Stock Market US index fund??

According to the news I read, the merged company will be domiciled in Ireland. So it should be out of the US Index.

Maybe we should link this to the "why do I need international?" posts. :D
by CyberBob
Fri Nov 20, 2015 11:55 pm
Forum: Investing - Help with Personal Investments
Topic: Discouraged =( [Lost money in IRA target fund]
Replies: 66
Views: 7580

Re: Discouraged =( [Lost money in IRA target fund]

Dwickenh, who posted above, has a great signature block that seems appropriate here. Don't panic, because...

    "The market is the most efficient mechanism anywhere in the world for transferring wealth from impatient people to patient people.” — Warren Buffett
by CyberBob
Thu Nov 19, 2015 2:36 pm
Forum: Investing - Help with Personal Investments
Topic: Cost of Vanguard VT ETF versus VTI+VEA+SCHE
Replies: 5
Views: 455

Re: Cost of Vanguard VT ETF versus VTI+VEA+SCHE

savykal wrote:...the cost of VT seems ot be high 0.17% per year...

Interesting note: the latest semi-annual report for VT shows the expense ratio for the previous six months as having dropped to 0.14%.
by CyberBob
Thu Nov 12, 2015 12:13 am
Forum: Investing - Theory, News & General
Topic: Nick Murray and bonds
Replies: 8
Views: 963

Re: Nick Murray and bonds

One thing I have never understood though, for someone who understands the markets and doesn't get spooked by (temporary) losses, why would you ever want bonds in your retirement portfolio until you were like 10 years away from retirement and especially in the current rate environment we are in? The...
by CyberBob
Wed Nov 11, 2015 6:10 pm
Forum: Investing - Theory, News & General
Topic: iShares cutting core ETF expenses, launching international bond ETF
Replies: 36
Views: 4155

Re: iShares cutting core ETF expenses, launching international bond ETF

Do you think Vanguard will get the scissors out, now that Schwab has cut expenses for its mysterious reasons? :) It looks like the Total Stock Index Fund expenses are indeed dropping. From the latest semi-annual report: For the six months ended June 30, 2015, the fund’s annualized expense ratios we...
by CyberBob
Thu Oct 29, 2015 10:26 pm
Forum: Investing - Help with Personal Investments
Topic: Why Swensen's lazy portfolio over others?
Replies: 25
Views: 3666

Re: Why Swensen's lazy portfolio over others?

Currently, the Yale endowment fund is holding just 5% in domestic equity and 6% in international equities. What does that say about the Swensen portfolio? I don't know, I own his book Unconventional Success, but when the cook is changing the secret sauce in such a substantial manner, I am wary abou...

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