Search found 2986 matches

by CyberBob
Sun Oct 30, 2016 9:32 am
Forum: Personal Finance (Not Investing)
Topic: AllyBank CC [Credit Card]
Replies: 8
Views: 922

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: 2686

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: 7040

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: 7040

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: 44
Views: 6897

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: 680

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: 1666

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: 7139

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: 1351

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: 1836

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: 969

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: 13620

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: 1477

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: 525

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: 1473

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: 3984

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: 5350

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: 2998

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: 3474

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: 3561

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: 7880

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: 3360

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: 1585

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: 4502

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: 1346

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: 577

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: 1849

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: 1269

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: 2345

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: 4216

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: 2025

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: 1835

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: 3001

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: 7481

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: 440

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: 958

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: 4109

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: 3542

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...
by CyberBob
Mon Oct 19, 2015 2:40 pm
Forum: Personal Consumer Issues
Topic: Subaru Outback - air conditioning
Replies: 32
Views: 3568

Re: Subaru Outback - air conditioning

If you don't get the rear vents, I know several people who are using Noggles for backseat and rear cargo-area cooling and are happy (in Arizona/New Mexico summers).
http://www.nogglenation.com
by CyberBob
Wed Oct 14, 2015 8:17 pm
Forum: Investing - Theory, News & General
Topic: How/where have you learned the most?
Replies: 28
Views: 2849

Re: How/where have you learned the most?

Hit the library.
Dewey decimal sections:
-332 Financial economics
--332.6 Investment and investments
by CyberBob
Wed Oct 07, 2015 1:05 pm
Forum: Investing - Theory, News & General
Topic: Asset Allocation Returns by Year?
Replies: 9
Views: 881

Re: Asset Allocation Returns by Year?

PortfolioVisualizer.com is pretty nice for back testing too.
by CyberBob
Mon Oct 05, 2015 1:29 pm
Forum: Investing - Help with Personal Investments
Topic: Index that Tracks Companies with no Dividends
Replies: 12
Views: 1200

Re: Index that Tracks Companies with no Dividends

How about Vanguard Tax-Managed Capital Appreciation Fund Admiral Shares (VTCLX)? It invests in the low-dividend stocks of the Russell 1000 index.
There is also Vanguard Tax-Managed Small-Cap Fund Admiral Shares (VTMSX).
by CyberBob
Fri Oct 02, 2015 1:27 pm
Forum: Investing - Theory, News & General
Topic: John Bogle 65/35 and/or 60/40
Replies: 17
Views: 2695

Re: John Bogle 65/35 and/or 60/40

And there is also his more general broad-strokes advice from his first book Bogle on Mutual Funds:

Image
by CyberBob
Wed Sep 30, 2015 9:31 am
Forum: Personal Consumer Issues
Topic: White list +CAPTCHA type solutions for land-lines?
Replies: 19
Views: 1607

Re: White list +CAPTCHA type solutions for land-lines?

Does your phone company support Nomorobo?
by CyberBob
Sat Sep 26, 2015 9:47 pm
Forum: Investing - Help with Personal Investments
Topic: AA for Early Retirement
Replies: 32
Views: 4773

Re: AA for Early Retirement

I retired 10 years ago at age 42. I did nothing to adjust my investment allocation because of my retirement age. I've always invested with my lifespan in mind and retirement age didn't seem like it should affect that. So essentially, I've got what most people might view as an aggressive portfolio fo...

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