Search found 508 matches

by Dead Man Walking
Wed Dec 13, 2017 9:37 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Don’t Write Off Value
Replies: 20
Views: 2518

Re: Larry Swedroe: Don’t Write Off Value

It's been a rough decade for SCV, but I agree with Larry and Random Walker that at some point, impossible to say when, it will shine again. Persistent long term underperformance makes things cheaper and therefore it may actually improve the expectation (but not guarantee) of improved long term retu...
by Dead Man Walking
Wed Dec 13, 2017 1:08 am
Forum: Investing - Theory, News & General
Topic: Vanguard Investment Advice
Replies: 34
Views: 3820

Re: Vanguard Investment Advice

I have no faith in the "experts" at Vanguard let alone any advisors they employ. I simply appreciate that they provide many low cost mutual funds. Their choice of indices and asset allocation for many of their balanced funds is suspect. Caveat emptor applies to Vanguard as well as any purchase a con...
by Dead Man Walking
Wed Dec 13, 2017 12:02 am
Forum: Investing - Theory, News & General
Topic: List of Equivalent Fidelity vs Vanguard Funds
Replies: 5
Views: 1089

Re: List of Equivalent Fidelity vs Vanguard Funds

Good question. I don't think I can answer it completely myself, here's an earlier thread: An index isn't an index isn't an index... (Jan 17, 2017) Thanks for the link. However, I am embarrassed by the fact that I actually posted a comment on that post! Senility may be setting in. The difference amo...
by Dead Man Walking
Tue Dec 12, 2017 2:28 am
Forum: Investing - Theory, News & General
Topic: Small cap value vs. total market?
Replies: 41
Views: 3221

Re: Small cap value vs. total market?

I've posted 15 year performance statistics for small cap funds before. Larry Swedroe has responded to my posts which point out that DFSVX has been outperformed by blend funds over the 15 year periods that I have tracked at Morningstar. I've pointed out that DFSVX hasn't performed as well as VTSMX (V...
by Dead Man Walking
Mon Dec 11, 2017 10:50 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Don’t Write Off Value
Replies: 20
Views: 2518

Re: Larry Swedroe: Don’t Write Off Value

It's been a rough decade for SCV, but I agree with Larry and Random Walker that at some point, impossible to say when, it will shine again. Persistent long term underperformance makes things cheaper and therefore it may actually improve the expectation (but not guarantee) of improved long term retu...
by Dead Man Walking
Mon Dec 11, 2017 10:37 pm
Forum: Investing - Theory, News & General
Topic: List of Equivalent Fidelity vs Vanguard Funds
Replies: 5
Views: 1089

Re: List of Equivalent Fidelity vs Vanguard Funds

Are there significant differences between the indices tracked by the Vanguard funds and those tracked the Fidelity funds?

DMW
by Dead Man Walking
Mon Dec 11, 2017 12:42 am
Forum: Investing - Theory, News & General
Topic: Is Santa Claus Coming To Town?
Replies: 9
Views: 1556

Re: Is Santa Claus Coming To Town?

As long as the Congress keeps promising a tax cut, the optimism for the markets will continue. When the tax bill passes, it may take months for the tax lawyers and accountants to determine the affect it will have on businesses and individuals. Better bake some cookies for Santa. Merry Christmas!

DMW
by Dead Man Walking
Sat Dec 09, 2017 12:17 am
Forum: Investing - Theory, News & General
Topic: Vanguard's International Growth / Value / Explorer funds
Replies: 4
Views: 631

Re: Vanguard's International Growth / Value / Explorer funds

I rebalanced recently and added to my international allocation. I chose to add International Explorer Fund and FTSE All-World ex-US small cap index in equal proportion. To date Explorer has outperformed the index by a small amount. I tilt toward small caps, so my portfolio may vary from typical Bogl...
by Dead Man Walking
Fri Dec 08, 2017 12:06 am
Forum: Personal Consumer Issues
Topic: Do people still use AAA?
Replies: 178
Views: 10110

Re: Do people still use AAA?

I'm curious about the lack of spare tires in new vehicles. What do you do when a tire is shredded? Recently, my wife had a tire shredded by some debris that fell from a passing truck. If she didn't have a spare tire, she would have to be towed. We have AAA, and they changed the tire. We have a basic...
by Dead Man Walking
Tue Dec 05, 2017 8:21 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Bitcoin & It’s Risks
Replies: 57
Views: 4816

Re: Larry Swedroe: Bitcoin & It’s Risks

This article is an example of Larry Swedroe at his best - a clear, concise explanation of a speculative investment. Thanks for posting it.

DMW
by Dead Man Walking
Sat Dec 02, 2017 8:00 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Avoid High Ranked Funds
Replies: 9
Views: 1996

Re: Larry Swedroe: Avoid High Ranked Funds

Several Vanguard index funds currently have 4 star ratings at Morningstar. Should they be avoided? Seems like you may be missing the point. The point being made is that using Morningstar star ratings as a primary reason for selecting funds may be unwise. It's not saying "avoid buying higher ranked ...
by Dead Man Walking
Fri Dec 01, 2017 8:19 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Finding The Source Of Value
Replies: 19
Views: 2112

Re: Larry Swedroe: Finding The Source Of Value

To give Larry Swedroe credit, he has often stated that Vanguard's value funds are not very "valuey." I've noticed that their performance isn't much different than their blend funds over long time periods. Often the difference in performance can be explained by the beginning of the time period and th...
by Dead Man Walking
Fri Dec 01, 2017 7:35 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Avoid High Ranked Funds
Replies: 9
Views: 1996

Re: Larry Swedroe: Avoid High Ranked Funds

Several Vanguard index funds currently have 4 star ratings at Morningstar. Should they be avoided?

DMW
by Dead Man Walking
Thu Nov 30, 2017 9:53 pm
Forum: Investing - Theory, News & General
Topic: Rational Optimism for Global Stock Returns?
Replies: 21
Views: 1842

Re: Rational Optimism for Global Stock Returns?

It's been rumored that many corporations plan to use the proceeds from the anticipated corporate tax cuts to either increase dividends or buy back stock. What affect will this have on total returns?

DMW
by Dead Man Walking
Sun Nov 26, 2017 10:22 pm
Forum: Personal Finance (Not Investing)
Topic: Anyone bail early and regret it?
Replies: 12
Views: 2838

Re: Anyone bail early and regret it?

I bailed on much of my taxable equity investments in late 1998 and spent the proceeds on renovating my elderly parent's home. During 1999, I thought that I had really made a poor decision. I felt much better in 2000.

DMW
by Dead Man Walking
Sun Nov 26, 2017 10:07 pm
Forum: Investing - Theory, News & General
Topic: Common Sense on Mutual Funds
Replies: 20
Views: 2074

Re: Common Sense on Mutual Funds

The most important lesson that I learned from Jack's book was the importance of costs. It's darn near impossible to outperform a low cost mutual fund whether it is an index fund or an active fund.

DMW
by Dead Man Walking
Sat Nov 25, 2017 2:54 am
Forum: Investing - Theory, News & General
Topic: International Bonds
Replies: 23
Views: 1855

Re: International Bonds

For those wondering about the asset class, check Global Aggregate (hedged) relative to US Aggregate: https://hostimg.co/images/2017/11/24/fixed_income_yearly.md.png (click for larger; light gray is Global Aggregate hedged, while dark blue is US Aggregate) source pdf, via Lazard Asset Management, pr...
by Dead Man Walking
Thu Nov 23, 2017 12:23 am
Forum: Personal Finance (Not Investing)
Topic: Discover Card Change in Terms
Replies: 28
Views: 2957

Re: Discover Card Change in Terms

After reading this thread, I called Discover to convert my Discover More card to a Discover It card. I've been a cardholder since 1987 which didn't seem to make much difference. The associate who handled my call began by explaining the tiered reward schedule for my More card. When I interrupted her ...
by Dead Man Walking
Wed Nov 22, 2017 10:31 pm
Forum: Investing - Theory, News & General
Topic: Buying and Spending Bitcoin
Replies: 101
Views: 11049

Re: Buying and Spending Bitcoin

Interesting thread! Grayfox certainly is a gentleman and a scholar. :beer I sure that there are many computer geeks and hackers in the world diligently working on a method to corrupt the crypto currency system. I may not understand crypto currency, but I've learned not to underestimate human ingenui...
by Dead Man Walking
Mon Nov 20, 2017 10:38 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Managing Risk With Factors
Replies: 121
Views: 9655

Re: Larry Swedroe: Managing Risk With Factors

I would define passive as no individual stock selection, no market timing, completely agnostic to what the individual stocks are. Dave Magneto, I disagree. I think value and momentum can both be applied in a completely passive formulaic manner. For value, it can be as simple as only buying stocks w...
by Dead Man Walking
Mon Nov 20, 2017 7:36 pm
Forum: Investing - Help with Personal Investments
Topic: Current precarious equity environment for a retiree
Replies: 43
Views: 3420

Re: Current precarious equity environment for a retiree

Thanks for all the replies. I know the mantra is "This time is not different." But I guess part of my question is: Could this time be different, especially for a retiree facing sequence of returns risk? Could the next market downturn be sufficiently deep or long enough to depress the equity part of...
by Dead Man Walking
Mon Nov 13, 2017 7:30 pm
Forum: Investing - Theory, News & General
Topic: At what rate of return would you keep a whole life policy?
Replies: 21
Views: 1515

Re: At what rate of return would you keep a whole life policy?

I have no idea how to calculate the return on this "investment". I think the cash value and other items are "look over there!!!". They get you confused and distract you from the fact that you "earn" interest/dividends that you won't collect. You will be dead and the face value will be paid to the b...
by Dead Man Walking
Mon Nov 13, 2017 1:13 am
Forum: Personal Consumer Issues
Topic: do I need two different credit card companies
Replies: 14
Views: 1259

Re: do I need two different credit card companies

I have Visa, MasterCard, and Discover. I have purchased electronics at Best Buy and then decided to buy another item on the same visit using the same card. The second purchase was denied when I tried to use the same card. Having another card with a different company was a time saver.

DMW
by Dead Man Walking
Mon Nov 13, 2017 1:04 am
Forum: Personal Consumer Issues
Topic: Best way to sell house contents
Replies: 19
Views: 2621

Re: Best way to sell house contents

When my mother died, I used a local auction house. They picked up the stuff and sold it at their facility. I received a percentage of the proceeds. Worked well for me. I got more than I thought I would for some of the household items.

DMW
by Dead Man Walking
Mon Nov 13, 2017 12:56 am
Forum: Personal Consumer Issues
Topic: Do you meditate?
Replies: 117
Views: 7840

Re: Do you meditate?

KlingKlang wrote:
Sat Nov 11, 2017 10:51 am
Does the time I spend curled up under the covers between when I wake up and when I actually get out of bed count?
+1
by Dead Man Walking
Mon Nov 13, 2017 12:40 am
Forum: Investing - Theory, News & General
Topic: Another reason why I can't stand Tasty Trade
Replies: 2
Views: 763

Re: Another reason why I can't stand Tasty Trade

Great name for a financial porn site!

DMW
by Dead Man Walking
Sun Nov 12, 2017 9:42 pm
Forum: Investing - Theory, News & General
Topic: Do you keep anything in your portfolio as a monument to your bad decisions?
Replies: 69
Views: 4989

Re: Do you keep anything in your portfolio as a monument to your bad decisions?

My wife and I have 116 shares of PRU that we received when Prudential demutualized several years ago. We keep the stock as a reminder that we exercised the option to buy more life insurance without having to submit medical information. The option was part of the terms of policies that we purchased s...
by Dead Man Walking
Mon Nov 06, 2017 3:27 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Slaughtering The High Dividend Sacred Cow
Replies: 192
Views: 13425

Re: Larry Swedroe: Slaughtering The High Dividend Sacred Cow

How is this argument relevant to investors who invest in target retirement funds, life strategy funds, TSM, a 3 fund portfolio, any mutual fund that does not emphasize dividends?

DMW
by Dead Man Walking
Sun Nov 05, 2017 8:03 pm
Forum: Investing - Theory, News & General
Topic: Does Blackrock think it's all a game?
Replies: 33
Views: 4837

Re: Does Blackrock think it's all a game?

Blackrock realizes that every aspect of modern life must be available on a smartphone! Smart marketing! Kids enjoy games and understand the format. Of course, the danger is that your 3-year-old will pick up your smartphone and make a few trades.

DMW
by Dead Man Walking
Sun Nov 05, 2017 5:59 pm
Forum: Investing - Help with Personal Investments
Topic: PRIMECAP Fund
Replies: 63
Views: 2891

Re: PRIMECAP Fund

These active vs passive debates always amuse me. If an investor chooses to invest in active funds, he can always compare the performance of his active funds to the appropriate index funds using the Morningstar portfolio manager. The portfolio manager allows him to establish several views for the pur...
by Dead Man Walking
Mon Oct 30, 2017 8:25 pm
Forum: Personal Consumer Issues
Topic: Fuel treatments for small engines
Replies: 32
Views: 2164

Re: Fuel treatments for small engines

So the bottom line... should you use a stabilizer like Stabil or SeaFoam? Yea, probably... I haven't seen anything that shows stabilizers cause harm and in full disclosure I do treat all my small engine fuel with it. However it should also be noted that there is very little in the way of independen...
by Dead Man Walking
Sun Oct 29, 2017 9:10 pm
Forum: Personal Consumer Issues
Topic: Fuel treatments for small engines
Replies: 32
Views: 2164

Fuel treatments for small engines

I've used Sta-Bil fuel stabilizer in the ethanol blended gasoline that is sold at gas stations for years. I have never encountered any problems until recently. I bought a 2017 John Deere lawn tractor with a 724cc (M44) Briggs and Stratton V twin engine. The owner's manual suggests using a fuel stabi...
by Dead Man Walking
Wed Oct 25, 2017 11:47 pm
Forum: Investing - Help with Personal Investments
Topic: Should you rebalance when you’re in your seventies?
Replies: 25
Views: 2562

Re: Should you rebalance when you’re in your seventies?

I'm in my 70's and have followed the age in bonds philosophy for several years. I'm currently slightly above my allocation to equities. I'm going to let my equities run. My pension more than covers my expenses; therefore, my portfolio is more of a legacy portfolio than an income portfolio. I'm actua...
by Dead Man Walking
Sat Oct 21, 2017 10:46 pm
Forum: Personal Consumer Issues
Topic: Antivirus Software Recommendations
Replies: 44
Views: 3702

Re: Antivirus Software Recommendations

I use the premium version of AVG Internet Security. I also had the premium version of Malwarebytes until the most recent version of AVG. When AVG was updating, it informed me that the update would not install unless I uninstalled Malwarebytes. My computer guru confirmed that the conflict was real. I...
by Dead Man Walking
Sat Oct 21, 2017 4:46 pm
Forum: Personal Consumer Issues
Topic: How many miles/years do you keep your car?
Replies: 108
Views: 7748

Re: How many miles/years do you keep your car?

I don't put a lot of miles on my cars. I usually sell them when they start to nickel and dime me. I sold a 17 year old Mazda recently because little problems began to happen too often. The buyer got a low mileage car that had been well maintained.

DMW
by Dead Man Walking
Sat Oct 21, 2017 4:36 pm
Forum: Personal Consumer Issues
Topic: anyone else not liking the new cars?
Replies: 135
Views: 11079

Re: anyone else not liking the new cars?

According to Consumer Reports, Honda's reliability rating has slipped to average. That hasn't been my experience, but I didn't want to test my luck. So far the CR-V has had no problems. I may have wasted about $2,100. Time will tell. I don't really trust Consumer Reports' reliability ratings. They ...
by Dead Man Walking
Sat Oct 21, 2017 12:37 am
Forum: Personal Consumer Issues
Topic: anyone else not liking the new cars?
Replies: 135
Views: 11079

Re: anyone else not liking the new cars?

Overall reliability maybe? Also, when we bought the car you go into the sales office and get the pitch for all the add-ons, like extended warranty, and the guy says with all the electronics installed these days you really want the extended warranty. Apparently this is not the BS it might have been ...
by Dead Man Walking
Fri Oct 20, 2017 12:57 am
Forum: Investing - Theory, News & General
Topic: Amazed by Vanguard Wellington's Performance
Replies: 62
Views: 9900

Re: Amazed by Vanguard Wellington's Performance

Are there any active funds that really cause you to consider that maybe it really is possible to outperform indexes? For me, Wellington definitely has to be one of them. Just for fun, I occasionally sometimes go to www.portfoliovisualizer.com and run comparisons. About a week or two ago, I wanted t...
by Dead Man Walking
Thu Oct 19, 2017 7:29 pm
Forum: Investing - Theory, News & General
Topic: Amazed by Vanguard Wellington's Performance
Replies: 62
Views: 9900

Re: Amazed by Vanguard Wellington's Performance

Are there any active funds that really cause you to consider that maybe it really is possible to outperform indexes? For me, Wellington definitely has to be one of them. Just for fun, I occasionally sometimes go to www.portfoliovisualizer.com and run comparisons. About a week or two ago, I wanted t...
by Dead Man Walking
Tue Oct 17, 2017 4:21 pm
Forum: Investing - Theory, News & General
Topic: The overselling of international diversification
Replies: 56
Views: 5200

Re: The overselling of international diversification

What about international bonds? Is there a correlation with US bonds?

DMW
by Dead Man Walking
Tue Oct 17, 2017 3:59 pm
Forum: Investing - Theory, News & General
Topic: Vanguard expects "decent sized correction" soon, sometime, maybe later
Replies: 68
Views: 7443

Re: Vanguard expects "decent sized correction" soon, sometime, maybe later

I have some cash to invest. Should I wait for the correction to invest? Valuations matter, don't they? Will this correction raise inflation above the 2% that the Fed is hoping for so that they can raise interest rates? Will it cause unemployment to increase? How will the Fed respond to rising unempl...
by Dead Man Walking
Mon Oct 16, 2017 10:57 pm
Forum: Personal Consumer Issues
Topic: 2018 Honda Accord
Replies: 54
Views: 5748

Re: 2018 Honda Accord

Are the seats receiving the complaints manually adjusted seats? The power seat in my 2007 Accord is comfortable when adjusted to the driver. Since I have back ailments, I often readjust the seat several times during a long drive. The power seat in my 2014 CR-V is better than the Accord and was bette...
by Dead Man Walking
Fri Oct 13, 2017 9:10 pm
Forum: Investing - Help with Personal Investments
Topic: My EJ portfolio vs my Vanguard, side by side
Replies: 27
Views: 3370

Re: My EJ portfolio vs my Vanguard, side by side

I wasn't aware that Edward Jones offered DFA Funds.

DMW
by Dead Man Walking
Fri Oct 13, 2017 8:34 pm
Forum: Investing - Theory, News & General
Topic: Vanguard's Global Wellesley Income and Global Wellington Funds in registration [now available]
Replies: 113
Views: 27281

Re: Vanguard's Global Wellesley Income and Global Wellington Funds in registration

naha66 wrote:
Thu Oct 12, 2017 8:12 pm
What kind of experience does Wellington have in international investing?
Wellington Management is one of the managers for Vanguard's International Explorer Fund.
by Dead Man Walking
Wed Oct 11, 2017 10:56 pm
Forum: Personal Consumer Issues
Topic: Asking for discounts
Replies: 59
Views: 6803

Re: Asking for discounts

Many department stores give discounts if the buyer uses the store's credit card. Many will give the discount if the buyer applies for their credit card. I always tell them that I want the discount, but I'm only going to pay cash. No discount, no sale! Some cashiers have turned me away and have had t...
by Dead Man Walking
Mon Oct 09, 2017 10:03 pm
Forum: Investing - Theory, News & General
Topic: 100% in bond to wait for market crash?
Replies: 122
Views: 12660

Re: 100% in bond to wait for market crash?

The aphorism "Time in the market beats market timing." is true if you have enough time. You can find several posts that illustrate that investing at market peaks is profitable over the long run even if you only invest at market peaks. However, I don't recall any posts that illustrate how well you w...
by Dead Man Walking
Mon Oct 09, 2017 8:11 pm
Forum: Investing - Theory, News & General
Topic: 100% in bond to wait for market crash?
Replies: 122
Views: 12660

Re: 100% in bond to wait for market crash?

The aphorism "Time in the market beats market timing." is true if you have enough time. You can find several posts that illustrate that investing at market peaks is profitable over the long run even if you only invest at market peaks. However, I don't recall any posts that illustrate how well you wo...
by Dead Man Walking
Sun Oct 08, 2017 8:58 pm
Forum: Investing - Theory, News & General
Topic: Has your "risk tolerance" been tested?
Replies: 105
Views: 7070

Re: Has your "risk tolerance" been tested?

My risk tolerance is currently being tested. I've been investing since 1970; consequently, I have been through more than a few bears and bulls. My allocation has always been somewhat conservative - 60/40 through up and down markets. I'm retired and don't have a need to take risk, but I think my curr...
by Dead Man Walking
Sat Oct 07, 2017 12:36 pm
Forum: Personal Consumer Issues
Topic: Does my Honda CRV need servicing?
Replies: 11
Views: 1003

Re: Does my Honda CRV need servicing?

You should read the maintenance schedule that came with the car. Coolant and brake fluid are a couple of things that are changed on a time schedule and may not appear on the maintenance minder, especially if it was reset after oil changes. Oil changes are required annually even if the mileage has no...
by Dead Man Walking
Sat Oct 07, 2017 12:19 am
Forum: Personal Finance (Not Investing)
Topic: Credit Freezes and Deceased Persons
Replies: 7
Views: 929

Re: Credit Freezes and Deceased Persons

If the estate of the deceased has been through probate, forget about it.

DMW