Search found 417 matches

by Dead Man Walking
Sat Aug 19, 2017 4:54 pm
Forum: Investing - Theory, News & General
Topic: Irrational Despair?
Replies: 22
Views: 2542

Re: Irrational Despair?

Did anyone think that this bull market was going to last forever? DMW Is it over? I have no idea if it is over. I expect that there will be a correction at some point since this has been the historical behavior of the market. When it will happen and how long it will endure are questions for which n...
by Dead Man Walking
Sat Aug 19, 2017 12:21 am
Forum: Investing - Theory, News & General
Topic: Irrational Despair?
Replies: 22
Views: 2542

Re: Irrational Despair?

Did anyone think that this bull market was going to last forever?

DMW
by Dead Man Walking
Sat Aug 19, 2017 12:08 am
Forum: Investing - Theory, News & General
Topic: "Vanguard fund shareholders encouraged to vote as proxy campaign gets under way."
Replies: 67
Views: 7166

Re: "Vanguard fund shareholders encouraged to vote as proxy campaign gets under way."

What exactly are crimes against humanity? For example, are countries that turn a blind eye to companies that export products that endanger citizens of another country committing crimes against humanity? Is China trying to stop Chinese companies from producing fentanyl which is imported to the USA by...
by Dead Man Walking
Tue Aug 15, 2017 3:35 pm
Forum: Investing - Theory, News & General
Topic: It's easy to have an investment plan until you get punched in the face
Replies: 53
Views: 6501

Re: It's easy to have an investment plan until you get punched in the face

Need, willingness, and ability to take risk is probably the most difficult question when determining an investment plan. An investor may "need" to take risk to achieve the return needed to reach the desired goal. "Willingness" is difficult to determine and may be more reliant on personality traits. ...
by Dead Man Walking
Mon Aug 14, 2017 3:28 pm
Forum: Personal Consumer Issues
Topic: LED bulbs for enclosed fixtures
Replies: 19
Views: 1958

Re: LED bulbs for enclosed fixtures

From Bulbs.com: Should LEDs be used in enclosed fixtures? Enclosed fixtures are defined as not only air tight, but also are fixtures that are enclosed on the side, rear and open in the front, such as many track heads. LEDs that are used in fixtures where there's less than 1/2" around the circumfere...
by Dead Man Walking
Mon Aug 14, 2017 1:35 am
Forum: Personal Consumer Issues
Topic: Car Depreciation As Reason to Get A New Car
Replies: 34
Views: 3356

Re: Car Depreciation As Reason to Get A New Car

My car is 9 years old and still in decent shape. I plan to keep it at least to the 15 year mark as long as it runs well. I don't consider tires, brakes and other "consumable" parts as maintenance issues. They are part of the normal usage pattern on a car just like gas and oil. The "upkeep cost" was...
by Dead Man Walking
Mon Aug 14, 2017 1:17 am
Forum: Personal Consumer Issues
Topic: LED bulbs for enclosed fixtures
Replies: 19
Views: 1958

Re: LED bulbs for enclosed fixtures

Bogleheads, Thanks for responding to my question. I have learned more about light bulbs than anyone should have to learn! I did a Google search before I wrote my original post. The search yielded a plethora of information. I discovered that Amazon listed several LED bulbs for enclosed fixtures. For ...
by Dead Man Walking
Sun Aug 13, 2017 12:22 am
Forum: Investing - Theory, News & General
Topic: My (general) contacts with Treasury Direct re loss & liability
Replies: 14
Views: 1817

Re: My (general) contacts with Treasury Direct re loss & liability

I read the terms of a Treasury Direct account when the Treasury stopped issuing paper bonds. I decided that a TD account was too risky for me. Mel's comments reinforced my decision. My younger friends and relatives think that I am paranoid.

DMW
by Dead Man Walking
Tue Aug 08, 2017 3:15 am
Forum: Personal Consumer Issues
Topic: LED bulbs for enclosed fixtures
Replies: 19
Views: 1958

LED bulbs for enclosed fixtures

I need advice about LED light bulbs for enclosed fixtures. I have several ceiling light fixtures that are enclosed by globes or are recessed into the ceiling. I'm aware that many LED bulbs are not suitable for use in enclosed fixtures. I'm looking for LED bulbs to replace 60 watt incandescent bulbs ...
by Dead Man Walking
Sat Aug 05, 2017 2:36 am
Forum: Investing - Theory, News & General
Topic: The Rise From 7,000 to 22,000
Replies: 49
Views: 6398

Re: The Rise From 7,000 to 22,000

What is the return from the first time the DOW hit 10,000? 120% About 4.5%, annualized. On a Total Return basis (including dividends), since the DJIA went over in 10,000 in March of 1999, an investment in the DJIA would have returned a CAGR over 7% Acknowledged, I completely forgot about dividends,...
by Dead Man Walking
Fri Aug 04, 2017 9:36 pm
Forum: Investing - Theory, News & General
Topic: Int'l Small-Caps: Active VINEX vs passive VSS/VFSVX?
Replies: 29
Views: 2975

Re: Int'l Small-Caps: Active VINEX vs passive VSS/VFSVX?

Does anyone pair VINEX with VFSVX? They seem like they might complement each other well. I've just moved everything to VG and have my fairly simple portfolio set. VFSVX is my small/mid foreign and at risk of being too fidgety, I can't help but feel the pull of an active fund in an area (small/mid f...
by Dead Man Walking
Fri Aug 04, 2017 9:26 pm
Forum: Investing - Theory, News & General
Topic: Study: Who Sold Stock During the 2008-9 Crash?
Replies: 85
Views: 7081

Re: Study: Who Sold Stock During the 2008-9 Crash?

I was about to rebalance so that I was closer to an age in bonds strategy. The market did the rebalancing for me! Since then, my equities have recovered. I have decided to hold more equities because of the ridiculously low return of fixed income funds. I'm still more than 50% fixed income, but I'm c...
by Dead Man Walking
Mon Jul 31, 2017 12:27 am
Forum: Investing - Theory, News & General
Topic: Int'l Small-Caps: Active VINEX vs passive VSS/VFSVX?
Replies: 29
Views: 2975

Re: Int'l Small-Caps: Active VINEX vs passive VSS/VFSVX?

I recently rebalanced my portfolio. I tilt toward small caps both domestically and internationally. My portfolio was a little light on internationals; consequently, I added international small caps because I held mostly international large caps. I chose to split my addition of international small ca...
by Dead Man Walking
Sun Jul 30, 2017 9:51 pm
Forum: Investing - Theory, News & General
Topic: Equal Parts Small, Mid, Large Cap Indexes
Replies: 56
Views: 3027

Re: Equal Parts Small, Mid, Large Cap Indexes

What happened to Mel's unloved midcaps?

DMW
by Dead Man Walking
Fri Jul 28, 2017 11:46 pm
Forum: Investing - Theory, News & General
Topic: "What Every Investor Should Know About Mutual Funds"
Replies: 8
Views: 1707

Re: "What Every Investor Should Know About Mutual Funds"

The short comments about sector funds is good advice. Trying to choose the best performing sector funds is risky. I tried that strategy when Fidelity introduced their sector funds. It reminded me of playing a football parlay sheet - one or more of my picks always lost.

DMW
by Dead Man Walking
Fri Jul 28, 2017 3:05 pm
Forum: Investing - Theory, News & General
Topic: Retirement plan for newborns
Replies: 15
Views: 1213

Re: Retirement plan for newborns

If you want to give your grand child something, please consider a college education over retirement. If I have a grand child, I'll be investigating educational savings accounts. This is a hypothetical discussion that skirts forum rules about political discussions. I was curious about the total retu...
by Dead Man Walking
Fri Jul 28, 2017 1:22 pm
Forum: Investing - Theory, News & General
Topic: Retirement plan for newborns
Replies: 15
Views: 1213

Retirement plan for newborns

Financial planner Ric Edelman has a plan to save Social Security. Since we are not permitted to discuss political topics on this forum, I won't describe the details of his plan; however, one of the aspects of his plan interested me as a potential grandparent. The initial step of his plan is to inves...
by Dead Man Walking
Sun Jul 23, 2017 5:26 pm
Forum: Investing - Theory, News & General
Topic: Best way to convert to a brokerage account
Replies: 4
Views: 451

Best way to convert to a brokerage account

I've read the posts about the advantages and disadvantages of converting from a mutual fund account to a brokerage account. Since conversion seems inevitable, I plan to convert before the end of the year. I have not spoken to a Vanguard representative for years. I manage my account online. Is the co...
by Dead Man Walking
Sat Jul 22, 2017 9:06 pm
Forum: Investing - Theory, News & General
Topic: Do you find financial advisors to be all that bright?
Replies: 53
Views: 4902

Re: Do you find financial advisors to be all that bright?

Most financial advisors use information that they receive from either the company that they represent or a financial services company that they use. The advisors that I have spoken to in informal situations were definitely drinking the kool aid provided by their research partners. We Bogleheads are ...
by Dead Man Walking
Fri Jul 21, 2017 11:25 pm
Forum: Investing - Theory, News & General
Topic: US and International Bond Fund Allocation
Replies: 109
Views: 8064

Re: US and International Bond Fund Allocation

Question on international bonds. Are most of the objections because the vanguard international bond fund (BNDX) does not yield as much as total bond market? If the yield was higher on international bonds would less people object? I'm just curious. I went with a small portion to international bonds ...
by Dead Man Walking
Fri Jul 21, 2017 5:26 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: REITs Aren't Special
Replies: 106
Views: 8371

Re: Larry Swedroe: REITs Aren't Special

This reflects a change of heart. REITs were once a "must have" asset class by the advocates of factor tilting. What happened is that all of the yield chasing put REIT valuations out of sight, that is, they no longer represent value. There was also rethinking about commodities, once recomm...
by Dead Man Walking
Thu Jul 20, 2017 11:15 pm
Forum: Investing - Theory, News & General
Topic: Bogle is pro-SCV!
Replies: 36
Views: 4008

Re: Bogle is pro-SCV!

Which is the more important factor - small or value? The S&P 600 small cap index, a small cap blend index, has outperformed the S&P 500 index. DMW S&P has quality/earnings requirements which could potentially tilt towards value by weeding out speculative small-cap growth companies...? J...
by Dead Man Walking
Thu Jul 20, 2017 5:53 pm
Forum: Investing - Theory, News & General
Topic: Bogle is pro-SCV!
Replies: 36
Views: 4008

Re: Bogle is pro-SCV!

Which is the more important factor - small or value? The S&P 600 small cap index, a small cap blend index, has outperformed the S&P 500 index.

DMW
by Dead Man Walking
Thu Jul 20, 2017 5:37 pm
Forum: Investing - Theory, News & General
Topic: US and International Bond Fund Allocation
Replies: 109
Views: 8064

Re: US and International Bond Fund Allocation

The international bond market is much different than the US bond market. I don't understand the esoteric intricacies of the international bond market; consequently, I don't invest in the international bond market. I think that Vanguard has integrated international bonds into many of their balanced ...
by Dead Man Walking
Thu Jul 20, 2017 1:59 am
Forum: Personal Consumer Issues
Topic: My favorite CNBC program
Replies: 33
Views: 3633

My favorite CNBC program

My favorite CNBC program is Jay Leno's Garage . I'm an old gearhead, and Jay is one of my favorite TV personalities. If you want to turn capital gains into a capital loss, build a hot rod! I admit that I occasionally tune into The Closing Bell to see how the market performed, but it is only for a fe...
by Dead Man Walking
Thu Jul 20, 2017 12:59 am
Forum: Investing - Theory, News & General
Topic: US and International Bond Fund Allocation
Replies: 109
Views: 8064

Re: US and International Bond Fund Allocation

The international bond market is much different than the US bond market. I don't understand the esoteric intricacies of the international bond market; consequently, I don't invest in the international bond market. I think that Vanguard has integrated international bonds into many of their balanced f...
by Dead Man Walking
Wed Jul 19, 2017 11:30 pm
Forum: Investing - Theory, News & General
Topic: Most Americans don't trust financial advisers
Replies: 64
Views: 6306

Re: Most Americans don't trust financial advisers

I have discussed investing with many people who are in their 30's and 40's. Most of them are illiterate when it comes to investing. Their experience is limited to a presentation by the investment firm managing their company's 401k plan. Their anecdotes about these presentations are ludicrous. They a...
by Dead Man Walking
Wed Jul 19, 2017 6:20 pm
Forum: Investing - Theory, News & General
Topic: Most Americans don't trust financial advisers
Replies: 64
Views: 6306

Re: Most Americans don't trust financial advisers

Most investors struggle with determining their risk tolerance. The questionnaires on websites such as Vanguard help, but I've never known an investor who understood his real risk tolerance until he experienced a real bear market. Most people don't understand that a 50% loss requires a 100% gain to g...
by Dead Man Walking
Tue Jul 18, 2017 6:52 pm
Forum: Investing - Theory, News & General
Topic: Active Manager Uses Lessons From Vanguard to Resist Passive
Replies: 21
Views: 2691

Re: Active Manager Uses Lessons From Vanguard to Resist Passive

I follow Bogle's advice about costs - they matter! I invest exclusively in Vanguard funds now for simplicity. If an active fund outperforms the appropriate index fund, I have no problem investing in it. For example, I own Vanguard Primecap Core Fund because it has outperformed Vanguard's large cap ...
by Dead Man Walking
Mon Jul 17, 2017 11:42 pm
Forum: Investing - Theory, News & General
Topic: Active Manager Uses Lessons From Vanguard to Resist Passive
Replies: 21
Views: 2691

Re: Active Manager Uses Lessons From Vanguard to Resist Passive

I believe that index funds are better than active funds for the "disinterested" investor. I have been an "interested" investor for decades. I have invested in several actively managed funds over the years. For example, I owned Magellan when Peter Lynch was the manager, Windsor wh...
by Dead Man Walking
Mon Jul 17, 2017 10:11 pm
Forum: Investing - Theory, News & General
Topic: Active Manager Uses Lessons From Vanguard to Resist Passive
Replies: 21
Views: 2691

Re: Active Manager Uses Lessons From Vanguard to Resist Passive

One could argue that Total World provides greater diversification since it owns almost 8,000 stocks compared to about 1,300 owned by Global Equity. Global Equity's expense ratio is 0.30% higher than Total World's. With that many holdings it's probably just a closet index fund. If you want broad div...
by Dead Man Walking
Mon Jul 17, 2017 7:35 pm
Forum: Investing - Theory, News & General
Topic: Active Manager Uses Lessons From Vanguard to Resist Passive
Replies: 21
Views: 2691

Re: Active Manager Uses Lessons From Vanguard to Resist Passive

I owned Global Equity before Baillie Gifford was added as one of the managers. They haven't hurt the performance of the fund. When Vanguard offered the Total World Stock Index Fund, I assumed that I would eventually exchange Global Equity for it. However, Global Equity has outperformed Total World b...
by Dead Man Walking
Sun Jul 16, 2017 2:50 pm
Forum: Investing - Help with Personal Investments
Topic: Question about investment advisors
Replies: 6
Views: 620

Re: Question about investment advisors

Thanks to all who took the time to reply. My interest in hiring an advisor is based on the fact that my wife would be overwhelmed by our investment portfolio. I have no family members who are sophisticated enough to handle our investments. I do some tilting and rebalance using a combination of new m...
by Dead Man Walking
Sat Jul 15, 2017 8:50 pm
Forum: Investing - Theory, News & General
Topic: Is now time to move into international stocks?
Replies: 57
Views: 6577

Re: Is now time to move into international stocks?

Many recent posts have discussed Sharpe's theory of holding a world market capitalization portfolio. That along with the recent performance of international funds probably has many investors examining the international exposure in their portfolios. My portfolio is really light on internationals acco...
by Dead Man Walking
Sat Jul 15, 2017 4:57 pm
Forum: Investing - Help with Personal Investments
Topic: Question about investment advisors
Replies: 6
Views: 620

Question about investment advisors

Due to age and health, I am considering hiring an investment advisor. I've read the threads about choosing an investment advisor. Since I live in a rural area, my options are extremely limited. There is a local company that offers fee based advice and management. They are part of the Commonwealth Fi...
by Dead Man Walking
Tue Jul 11, 2017 3:07 pm
Forum: Investing - Theory, News & General
Topic: Weak Evidence for International in Vanguard Research - Am I Missing Something?
Replies: 74
Views: 5225

Re: Weak Evidence for International in Vanguard Research - Am I Missing Something?

. I think some of Vanguard's behavior could be explained if Vanguard thinks that they are growing so big that they have outgrown the United States . Similarly, their failure to go in for any kind of factor tilts (e.g. small value) might be explained by a feeling that they are getting so big that if...
by Dead Man Walking
Sun Jul 09, 2017 11:47 pm
Forum: Investing - Theory, News & General
Topic: Dividend Misunderstandings & Only Spend Return
Replies: 282
Views: 15276

Re: Dividend Misunderstandings & Only Spend Return

A major point in the dividend debate is the fact that dividends are taxed at a higher rate than capital gains. Most people think that the money will be better spent by the taxpayers than the government. I think that some investors believe that they will spend the profits better than the folks who ru...
by Dead Man Walking
Fri Jul 07, 2017 3:44 pm
Forum: Personal Consumer Issues
Topic: Drum sets
Replies: 12
Views: 1058

Re: Drum sets

Many years ago I purchased a drum kit for my son from a young man who was moving from his parent's home. It was a quality Ludwig kit that had high quality stands. As mentioned above, quality cymbals are really important. I'd also add that heavy duty stands are important. Some stands are very flimsy ...
by Dead Man Walking
Thu Jul 06, 2017 6:14 pm
Forum: Personal Consumer Issues
Topic: John Deere series 100 lawn tractors
Replies: 28
Views: 2345

Re: John Deere series 100 lawn tractors

I purchased a new D130 from a John Deere dealership for $1,899 this afternoon. I took the bagger and mulch cover from my old L110 to make sure that they were compatible with the D130. I actually installed them on the showroom floor to be sure that they worked. This saved about $400. I also bought th...
by Dead Man Walking
Thu Jul 06, 2017 12:36 pm
Forum: Personal Consumer Issues
Topic: John Deere series 100 lawn tractors
Replies: 28
Views: 2345

Re: John Deere series 100 lawn tractors

I've checked out zero turn mowers. Most zero turn mowers require two properly functioning arms. My left arm doesn't function properly; consequently, a zero turn mower isn't a practical alternative. Toro and Cub Cadet offer zero turn mowers with a conventional steering wheel, but they don't have the ...
by Dead Man Walking
Wed Jul 05, 2017 11:46 pm
Forum: Personal Consumer Issues
Topic: John Deere series 100 lawn tractors
Replies: 28
Views: 2345

Re: John Deere series 100 lawn tractors

John Deere will not sell you a tractor - they only license them now. I would not do business with a company that doesn't believe I have the right to repair my own equipment. m The D130 is quite similar to the L110. I've maintained my L110 using parts purchased from a John Deere dealership. The only...
by Dead Man Walking
Tue Jul 04, 2017 10:53 pm
Forum: Personal Consumer Issues
Topic: What do you splurge on?
Replies: 133
Views: 11316

Re: What do you splurge on?

Cable television services - DVR service, premium channels, high speed internet service. I'm retired and watch more TV than the typical person.
Good booze
Fresh foods
Highly rated tires
Brands that I like rather than the cheapest
Deluxe car washes
by Dead Man Walking
Tue Jul 04, 2017 10:22 pm
Forum: Personal Consumer Issues
Topic: John Deere series 100 lawn tractors
Replies: 28
Views: 2345

Re: John Deere series 100 lawn tractors

My Gravely friends tell me that balance gears do not really serve much of a purpose and can be removed. (I'm not sure what that entails). My Gravely walk-behind has a Kohler 301 12HP engine that is still running after 35 years. Here's a link with more info than you probably want to know about singl...
by Dead Man Walking
Tue Jul 04, 2017 12:59 am
Forum: Personal Consumer Issues
Topic: John Deere series 100 lawn tractors
Replies: 28
Views: 2345

John Deere series 100 lawn tractors

I own a 2004 John Deere L110 lawn tractor that has developed what is often called the "Kohler knock," which is the sound that the Kohler Command CV 491 17.5 hp engine makes when the balance gears on the crankshaft loosen after years (900 hours) of operation. A Google search revealed that t...
by Dead Man Walking
Mon Jul 03, 2017 11:42 pm
Forum: Personal Consumer Issues
Topic: Consumer Reports Renewal (or not?)
Replies: 53
Views: 3653

Re: Consumer Reports Renewal (or not?)

I hadn't subscribed to CR for a few decades; however, I subscribed about a year ago because they offered a cheap introductory deal. I'm not renewing because I don't care for the format, which lacks enough information to make an informed decision. I learned years ago that they test a particular model...
by Dead Man Walking
Fri Jun 23, 2017 6:07 pm
Forum: Investing - Theory, News & General
Topic: Zacks says sell Wellesley!?
Replies: 92
Views: 11713

Re: Zacks says sell Wellesley!?

What is Dan Wiener's (sp) recommendation regarding Wellesley?

DMW
by Dead Man Walking
Sat Jun 17, 2017 6:56 pm
Forum: Personal Consumer Issues
Topic: Selling Car - Private Sale vs CarMax vs Dealer
Replies: 66
Views: 14092

Re: Selling Car - Private Sale vs CarMax vs Dealer

The test drive is a problem that has always bothered me about selling a car privately. I think that the owner of the car is the responsible party if the car is involved in an accident. I'm not sure how insurance companies would respond if the prospective buyer had an accident while test driving the ...
by Dead Man Walking
Sat Jun 17, 2017 4:46 pm
Forum: Personal Consumer Issues
Topic: Home siding thoughts
Replies: 32
Views: 3007

Re: Home siding thoughts

Just to add those that have aluminum siding, it takes paint very well after a good cleaning +1 I had my aluminum siding spray painted 21 years ago with satin finish latex paint. Spraying eliminates brush marks and retains the original appearance of the siding. I've power washed the paint every coup...
by Dead Man Walking
Fri Jun 16, 2017 9:11 pm
Forum: Investing - Theory, News & General
Topic: Anyone else gotten totally bored with investing?
Replies: 127
Views: 13779

Re: Anyone else gotten totally bored with investing?

I'm not exactly bored; however, I have looked to add some excitement by investigating factor-based funds. Other than small and value, my portfolio is mainly blend funds. I haven't pulled the trigger because I'm not sure that I understand the concept well enough.

DMW
by Dead Man Walking
Tue Jun 13, 2017 11:24 pm
Forum: Investing - Theory, News & General
Topic: Favorite Active Funds?
Replies: 22
Views: 2556

Re: Favorite Active Funds?

I own Primecap Core in my IRA. It's a large cap blend fund that I hold as a supplement to TSM. About half of its 153 holdings are in technology and healthcare; consequently, it's not well diversified. The fund has consistently outperformed the S&P 500 Fund by a couple of percentage points. My wi...