Search found 357 matches

by EHEngineer
Tue Mar 21, 2017 10:21 am
Forum: Personal Consumer Issues
Topic: Debating a weekend in Chicago (south side)
Replies: 40
Views: 2028

Re: Debating a weekend in Chicago (south side)

I'd suggest no further south than Roosevelt and State which has a red line station that'll directly bring you to Comiskey/US Cell/ G-rate. Roughly a 10-15 minute ride away on the train from there and you're close to the musuems if you're interested in that. If night life is your thing you're not fa...
by EHEngineer
Mon Mar 20, 2017 9:08 pm
Forum: Personal Finance (Not Investing)
Topic: Inlaw Suddenly Wants Financial Security in 60's..
Replies: 31
Views: 5293

Re: Inlaw Suddenly Wants Financial Security in 60's..

She has a few hundred thousand in IRA's/403 , husband passed on, and about $75k sitting in a Money Market account. Still works, but is ready to retire at 69 due to physical issues and wants to invest the $75k now, and the DCP's later. An employee at work advised her to visit a CFP for a $600 dollar...
by EHEngineer
Mon Mar 20, 2017 4:45 pm
Forum: Personal Finance (Not Investing)
Topic: What would it take to buy a house in our neighborhood?
Replies: 20
Views: 1374

Re: What would it take to buy a house in our neighborhood?

What is the plan for kindergarten, public/private? Public. The elementary schools in our neighborhood are fine, even better if you get into their specialty stuff like a bilingual or gifted program. A new middle school has been approved that will be built a few blocks away as a result of strong pare...
by EHEngineer
Mon Mar 20, 2017 12:45 pm
Forum: Investing - Help with Personal Investments
Topic: Malpractice Asset Protection
Replies: 18
Views: 1060

Re: Malpractice Asset Protection

Relatively new attending physician here. What do you guys all be for asset protection from malpractice suits? Should all my assets be in a trust? I am a hospital employee and our hospital self-insurers. I have purchased an umbrella policy for other protection but I'm not sure if that will be applic...
by EHEngineer
Fri Feb 24, 2017 10:05 pm
Forum: Investing - Help with Personal Investments
Topic: Has anyone had problems gifting Vanguard shares to an organization?
Replies: 24
Views: 1396

Re: Has anyone had problems gifting Vanguard shares to an organization?

I provided the receiving account number and other information. I'm confused as to why Vanguard seems to be making something so simple so hard. -Steph ... Maybe the path of least resistance is to sell the shares and give cash, or just give cash from a bank account and reimburse yourself with a sale ...
by EHEngineer
Wed Feb 22, 2017 1:50 pm
Forum: Personal Consumer Issues
Topic: Help Please, My Identity is at Risk
Replies: 26
Views: 3144

Re: Help Please, My Identity is at Risk

...Two nights ago my home was robbed. ... They took only one thing, my laptop. It has ALL my personal information on it: tax returns, birth certificate, credit card statements, house deed, brokerage account statements, all my passwords. It feels like a very specific directed attack. ... Was the lap...
by EHEngineer
Tue Feb 21, 2017 10:42 pm
Forum: Investing - Theory, News & General
Topic: Interesting study on impact of providing investors feedback
Replies: 37
Views: 1538

Re: Interesting study on impact of providing investors feedback

EH Just thought worth adding that one key finding was that investors traded less when informed of results. We know from other studies the more investors traded the worse their returns, with investors who trade the most underperforming market by about 10% a year. So clearly that almost certainly imp...
by EHEngineer
Tue Feb 21, 2017 12:29 pm
Forum: Investing - Theory, News & General
Topic: Interesting study on impact of providing investors feedback
Replies: 37
Views: 1538

Re: Interesting study on impact of providing investors feedback

EH You really are missing the point entirely. What the study is showing is skill. So if in your example the stock picking by investors gave them higher actual returns but smaller alphas and lower SRs then the answer is they should have stopped picking individual stocks and just bought passive funds...
by EHEngineer
Tue Feb 21, 2017 10:34 am
Forum: Investing - Theory, News & General
Topic: Interesting study on impact of providing investors feedback
Replies: 37
Views: 1538

Re: Interesting study on impact of providing investors feedback

In theory, you can trade off a Sharpe ratio any way you like. If you have a higher Sharpe ratio, you should be able to take that in the form of increased returns for the same risk. I think this is exactly what Larry does in "the Larry portfolio," for example. Comparing Sharpe ratios is be...
by EHEngineer
Tue Feb 21, 2017 9:34 am
Forum: Investing - Theory, News & General
Topic: Interesting study on impact of providing investors feedback
Replies: 37
Views: 1538

Re: Interesting study on impact of providing investors feedback

ResearchMed I have NO idea how you draw that conclusion. It doesn't apply in any way to what I wrote. What we are simply talking about is measuring things properly. Larry Your: "So you don't get credit for higher returns simply because you took more risk. But you are technically correct anyway...
by EHEngineer
Tue Feb 21, 2017 8:42 am
Forum: Investing - Help with Personal Investments
Topic: Windfall, investing, insurance?
Replies: 41
Views: 3800

Re: Windfall, investing, insurance?

any real benefit in one term company over another? I'm seeing that Mass Mutual is much more expensive....but at the end of the day, its all just term, right? The only benefit is if it converts to a Whole policy at some point, right? Talking about WLI really bores me because everything that can be s...
by EHEngineer
Mon Feb 20, 2017 10:01 pm
Forum: Investing - Help with Personal Investments
Topic: Windfall, investing, insurance?
Replies: 41
Views: 3800

Re: Windfall, investing, insurance?

Hey, Thank you for the reply. Not a good asset allocation. Mostly in target funds...I'm just now getting into figuring out how to diversify and buy different funds. Good point about the debt, but I feel like the interest rate is so low that I'm making a better arbitrage spread in the market. I'm co...
by EHEngineer
Fri Feb 17, 2017 1:01 pm
Forum: Investing - Theory, News & General
Topic: Interesting study on impact of providing investors feedback
Replies: 37
Views: 1538

Re: Interesting study on impact of providing investors feedback

The only thing I got from what the authors said about attrition--it has been a factor in previous tests, i.e. participants stopped trading all together--was there was no appreciable attrition in their study and so it was not a factor. There also was no difference considering the four different repo...
by EHEngineer
Fri Feb 17, 2017 12:31 pm
Forum: Investing - Theory, News & General
Topic: Interesting study on impact of providing investors feedback
Replies: 37
Views: 1538

Re: Interesting study on impact of providing investors feedback

You measure or attempt to measure skill by whether you beat a RISK ADJUSTED appropriate benchmark. Now might beat it by random luck. That is what t-stats help us do. But you don't measure skill by comparing oranges with apples. Seriously, I cannot believe I'm having this conversation And EH what th...
by EHEngineer
Fri Feb 17, 2017 12:16 pm
Forum: Investing - Theory, News & General
Topic: Interesting study on impact of providing investors feedback
Replies: 37
Views: 1538

Re: Interesting study on impact of providing investors feedback

larryswedroe wrote:Research Med
you again are missing the point. Sure you earn them but it doesn't measure SKILL which is what the study is measuring.
Larry


Define "SKILL"
by EHEngineer
Fri Feb 17, 2017 12:14 pm
Forum: Investing - Theory, News & General
Topic: Interesting study on impact of providing investors feedback
Replies: 37
Views: 1538

Re: Interesting study on impact of providing investors feedback

Your: "So you don't get credit for higher returns simply because you took more risk. But you are technically correct anyway. It isn't "credit" that we care about. It's those "higher returns" due to being willing and able to take some "more risk". RM Yes. Typically...
by EHEngineer
Fri Feb 17, 2017 12:05 pm
Forum: Investing - Theory, News & General
Topic: Interesting study on impact of providing investors feedback
Replies: 37
Views: 1538

Re: Interesting study on impact of providing investors feedback

EH Of course you cannot eat your Sharpe ratio, but we aren't discussing that. IT's just how you did perform against an APPROPRIATE benchmark. Otherwise it's like arguing you did well by purchasing junk bonds and comparing returns to Tbills. Larry The fact that you/authors choose to ignore total ret...
by EHEngineer
Fri Feb 17, 2017 11:14 am
Forum: Investing - Theory, News & General
Topic: Interesting study on impact of providing investors feedback
Replies: 37
Views: 1538

Re: Interesting study on impact of providing investors feedback

EHENGINEER Sorry IMO have it exactly backwards. One should care about the risk adjusted returns, meaning they adjust returns for the exposure to factors, like stocks and value and small. So you don't get credit for higher returns simply because you took more risk. Larry Larry, False dichotomy. You ...
by EHEngineer
Fri Feb 17, 2017 10:49 am
Forum: Investing - Theory, News & General
Topic: Interesting study on impact of providing investors feedback
Replies: 37
Views: 1538

Re: Interesting study on impact of providing investors feedback

re attrition, this from the paper should answer your question ... To rephrase my question 1) Re: improved risk adjusted return metric. You taught us about need/willingness/ability. Who cares about risk adjusted returns when one is 85 and not working? One cares about dollars. I'm not saying trading ...
by EHEngineer
Fri Feb 17, 2017 10:35 am
Forum: Personal Consumer Issues
Topic: http://www.hp-drivers-download.com/?
Replies: 19
Views: 655

Re: http://www.hp-drivers-download.com/?

mouses wrote:
EHEngineer wrote:
The real question at hand: Where can <mouses> get Windows 7/8.1/10 drivers for HP Printer XXXXXXXX?


Yes. Thank you :-)
You should specify the OS and printer model.
by EHEngineer
Fri Feb 17, 2017 10:25 am
Forum: Personal Consumer Issues
Topic: http://www.hp-drivers-download.com/?
Replies: 19
Views: 655

Re: http://www.hp-drivers-download.com/?

Does anyone know anything about this site http://www.hp-drivers-download.com/ i am stuck on an old Windows operating system, since I have HP all in ones that are wonderful and HP never wrote drivers for them for later than XP SP2. I took it into my head this morning to see if there were later drive...
by EHEngineer
Fri Feb 17, 2017 9:57 am
Forum: Investing - Theory, News & General
Topic: Interesting study on impact of providing investors feedback
Replies: 37
Views: 1538

Re: Interesting study on impact of providing investors feedback

Interesting. A couple questions: 1) The sample reported higher "risk adjusted returns" But what about absolute returns? 2) What does this statement mean? "When this study was controlled for attrition, the authors were unable to explain their results." edit: Looks like RM beat me ...
by EHEngineer
Wed Feb 15, 2017 11:48 am
Forum: Personal Consumer Issues
Topic: Pop Quiz and Rant - Do you know what ICE stands for?
Replies: 19
Views: 1650

Re: Pop Quiz and Rant - Do you know what ICE stands for?

(actually, I know of a few older people that have printed a label with their ICE information and put it on the back or side of their phone). +1 In my phone, my neighbor is "Greg Mi Amor" because his wife sent me his info. You may already have several "ICE" contacts in your phone...
by EHEngineer
Wed Jan 11, 2017 2:36 pm
Forum: Investing - Theory, News & General
Topic: Google Finance : BNDX data issue
Replies: 0
Views: 153

Google Finance : BNDX data issue

While reviewing my new google sheets portfolio I noticed that BNDX stopped updating (it was reporting Monday's close price for all of Tuesday and most of today (Wednesday). It appears to have come back to life, but you can see the issue as the price flatlines with zero volume for a day and a half. I...
by EHEngineer
Mon Jan 09, 2017 7:51 pm
Forum: Investing - Theory, News & General
Topic: Over what time period should stocks NOT lose money
Replies: 50
Views: 4343

Re: Over what time period should stocks NOT lose money

Am I really the first to mention Bernstein's retirement planner from Hell? Part 3 is my favorite and IMO more valuable than statistics. http://www.efficientfrontier.com/ef/901/hell3.htm Also coniser reading "Deep Risk" https://www.amazon.com/Deep-Risk-History-Portfolio-Investing/dp/0988780...
by EHEngineer
Mon Jan 09, 2017 7:09 pm
Forum: Local Chapters and Bogleheads Community
Topic: Sad News About a Respected Forum Member
Replies: 118
Views: 18817

Re: Sad News About a Respected Forum Member

Thank you ole meph for all the knowledge you've shared, and that I benefitted from. I dont think we ever communicated, but I learned from you and enjoyed reading your posts. I appreciate your straight forward, minimum complexity approach. Such a breath of fresh when learning about the complicated wo...
by EHEngineer
Thu Dec 01, 2016 3:43 pm
Forum: Investing - Theory, News & General
Topic: Glide Paths : Help with Theory
Replies: 31
Views: 2226

Re: Glide Paths : Help with Theory & Analysis

For simplicity, I'd prefer glidepath theory under a fixed set of willingness/need/ability. If I understand that, I can adjust as needed. I haven't read all the papers, but based on fundamentals, I don't think this statement makes sense. Ability, willingness and need (AWN) to take risk are the prima...
by EHEngineer
Thu Dec 01, 2016 3:34 pm
Forum: Investing - Theory, News & General
Topic: Glide Paths : Help with Theory
Replies: 31
Views: 2226

Re: Glide Paths : Help with Theory & Analysis

For simplicity, I'd prefer glidepath theory under a fixed set of willingness/need/ability. If I understand that, I can adjust as needed. I haven't read all the papers, but based on fundamentals, I don't think this statement makes sense. Ability, willingness and need (AWN) to take risk are the prima...
by EHEngineer
Thu Dec 01, 2016 3:27 pm
Forum: Personal Consumer Issues
Topic: Buy iPhone 7 or Wait for iPhone 8
Replies: 33
Views: 3892

Re: Buy iPhone 7 or Wait for iPhone 8

Why wait for the 8 when the 7 is free from most wireless providers? That's what I did. They're not free in any sense. You must trade in a device worth about $300. Then they saddle you with $650 in debt, the full base price of the new phone 7. Next they delay the monthly credits to that debt by 90 d...
by EHEngineer
Wed Nov 23, 2016 5:49 pm
Forum: Personal Consumer Issues
Topic: Discussing taxes with my 16 yr old son
Replies: 16
Views: 1117

Re: Discussing taxes with my 16 yr old son

What's interesting is if you don't isolate the fixed expenses all households become equal in the eyes of the tax man and should be charged slightly more than 50%. I realize this model isn't a real representation, but I do believe it goes a long way in conceptually describing the impacts of tax rate...
by EHEngineer
Wed Nov 23, 2016 3:38 pm
Forum: Personal Consumer Issues
Topic: Discussing taxes with my 16 yr old son
Replies: 16
Views: 1117

Re: Discussing taxes with my 16 yr old son

Look up the "Laffer curve." This is an economic model - not political. The salient question becomes: "where are we on the curve today?" Almost any answer to this question goes political. I suggest not discussing.
by EHEngineer
Wed Nov 23, 2016 1:11 pm
Forum: Investing - Theory, News & General
Topic: Glide Paths : Help with Theory
Replies: 31
Views: 2226

Re: Glide Paths : Help with Theory

alec wrote:Link to this?

https://institutional.vanguard.com/VGAp ... eAppproach
page 5 bottom of left hand paragraph.
by EHEngineer
Wed Nov 23, 2016 1:00 pm
Forum: Investing - Theory, News & General
Topic: Glide Paths : Help with Theory
Replies: 31
Views: 2226

Re: Glide Paths : Help with Theory

To prime the pump... this phrase in vanguard's document makes me question my understanding of the theory. Emphasis added The funds’ asset- allocation glide path was designed to help a typical investor who maintains a reasonable savings rate.... <clip> In addition, most retirees have a substantial po...
by EHEngineer
Wed Nov 23, 2016 12:54 pm
Forum: Investing - Theory, News & General
Topic: Glide Paths : Help with Theory
Replies: 31
Views: 2226

Re: Glide Paths : Help with Theory

combined
by EHEngineer
Wed Nov 23, 2016 12:50 pm
Forum: Investing - Theory, News & General
Topic: Glide Paths : Help with Theory
Replies: 31
Views: 2226

Re: Glide Paths : Help with Theory

EHEngineer: This is a bit simplistic, but why not work on the end points (current allocation and desired allocation at retirement age) and draw a straight line? Unless you have reason to believe that some other curve is optimal you probably won't be far off from the answer that is right for you. Th...
by EHEngineer
Wed Nov 23, 2016 12:49 pm
Forum: Investing - Theory, News & General
Topic: Glide Paths : Help with Theory
Replies: 31
Views: 2226

Re: Glide Paths : Help with Theory & Analysis

There's only one body of research/discussion missing that I can think of as missing, and that's the stuff concerning the "sequence of returns" risk as covered in the work of people like Michael Kitces and Wade Pfau. [just started some pfau, will search for Kitces, thanks] You say you are ...
by EHEngineer
Wed Nov 23, 2016 12:02 pm
Forum: Personal Finance (Not Investing)
Topic: books on taxes, tax planning, filing
Replies: 3
Views: 304

Re: books on taxes, tax planning, filing

I applaud your motivation. However, this is such a huge topic that no single book (other than the IRS code) could address all personal tax situations. Here's my best shot anyway: 2016 Numbers Unlimited by Financial Plan Inc. -- This is my favorite taxes cheat sheet. http://financialplaninc.com/wp-co...
by EHEngineer
Wed Nov 23, 2016 11:35 am
Forum: Investing - Theory, News & General
Topic: Glide Paths : Help with Theory
Replies: 31
Views: 2226

Glide Paths : Help with Theory

Background I've had a fixed stock/bond allocation for my 6+ years as an indexer. My IPS says I can change my AA and implement a glide path in 4Q of 2016. Goal I want to study glide paths and write one into my IPS. I'm focused on accumulation phase glide paths. Commentary is OK, but I prefer data-ba...
by EHEngineer
Tue Nov 22, 2016 11:07 am
Forum: Personal Finance (Not Investing)
Topic: I just fired my son - trying to teach about hard work and money
Replies: 37
Views: 4233

Re: I just fired my son - trying to teach about hard work and money

We don't pay for helping around the house. We will pay if there is something extra and above regular household duties. similar here. Kids have "family contribution" responsibilities which are unpaid, just like parents. If they want to do a parent's task we might agree on a payment. but th...
by EHEngineer
Mon Nov 21, 2016 12:30 pm
Forum: Personal Finance (Not Investing)
Topic: Double Check Figures: Affording $1M Home
Replies: 81
Views: 7269

Re: Double Check Figures: Affording $1M Home

It appears you have no debt other than mortgage. Can one afford a $450k mortgage on $190k salary? Yes. I have never had a 2.4X debt to income ratio, but lots of people do.
by EHEngineer
Mon Nov 21, 2016 9:46 am
Forum: Investing - Theory, News & General
Topic: Father passed - First steps to taking over finances?
Replies: 25
Views: 2422

Re: Father passed - First steps to taking over finances?

Sorry for your loss. Did your fiance's father have an attorney? That might be one place to find a will if he had one. Another place to look would be in a safe deposit box, if he had one, but access to his safe deposit box might be impossible without something from probate court. I agree with the po...
by EHEngineer
Fri Nov 18, 2016 1:36 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard Roth Minimum $ Question
Replies: 7
Views: 653

Re: Vanguard Roth Minimum $ Question

Hi StartThemYoung,

Welcome to Bogleheads.

The minimum for all Target Retirement funds, and for the STAR fund, is $1000 (not $3000).
https://investor.vanguard.com/mutual-funds/fees
by EHEngineer
Fri Nov 18, 2016 9:37 am
Forum: Investing - Help with Personal Investments
Topic: Please critique my portfolio
Replies: 6
Views: 818

Re: Please critique my portfolio

I just feel slightly pressured to make some decisions otherwise the cash just sits there unallocated. I would like to make a somewhat reasonable decision, so I am comfortable waiting for now. Hi jpn501, Don't feel pressured. You have already learned to save, which is the most important thing. Proba...
by EHEngineer
Fri Nov 18, 2016 12:38 am
Forum: Investing - Help with Personal Investments
Topic: Please critique my portfolio
Replies: 6
Views: 818

Re: Please critique my portfolio

Hi jpn501, Nice work laying out your assets. I can tell you have been reading. I'll assume your portfolio is about $100k. Next I'll be critical. Keep in mind your portfolio as-shown has very reasonable costs and is indexed, but you asked for feedback... 1) Since 68% of your existing funds and about ...
by EHEngineer
Thu Nov 17, 2016 12:07 pm
Forum: Personal Finance (Not Investing)
Topic: thinking about ditching life insurance
Replies: 19
Views: 2228

Re: thinking about ditching life insurance

Summary:

5-0 for keeping term insurance. Recommendations from $650k-1.5M and from 10-30 year.

Please confirm your current portfolio is $1.5 Million.

Rodc asked if the work whole life insurance is employer paid/subsidized, in which case it may be attractive.
by EHEngineer
Thu Nov 17, 2016 11:04 am
Forum: Personal Finance (Not Investing)
Topic: thinking about ditching life insurance
Replies: 19
Views: 2228

Re: thinking about ditching life insurance

At your savings rate you will be financially independent in about 8 years. I assume you will pay off the mortgage and have a $3M+ portfolio. Ditch the work policy. Ditch the 30 yr. You need a $1M 10 yr term policy on him (15 years if you want to be conservative). Make sure he has the new policy befo...
by EHEngineer
Thu Nov 17, 2016 10:52 am
Forum: Investing - Theory, News & General
Topic: Help me choose a target interest rate for a simulation
Replies: 6
Views: 789

Re: Help me choose a target interest rate for a simulation

To the historical average/median/mode.

To the historical 80th/90th/95th percentile high side.

I don't know what those interest rates are.
by EHEngineer
Thu Nov 17, 2016 10:48 am
Forum: Investing - Help with Personal Investments
Topic: looking for suggestions
Replies: 3
Views: 432

Re: looking for suggestions

starting 2017 I am going to have a extra cash income from a rental properties around $6k, maybe going to need part for paying property tax in the end of year ... Where to go? any other VG mutual fund recommendation? Betterment EFT's? I am already on max contribution on roth ira, t ira, simple ira e...
by EHEngineer
Thu Nov 17, 2016 10:26 am
Forum: Investing - Help with Personal Investments
Topic: 1031 exchange - need feedback quickly
Replies: 33
Views: 2290

Re: 1031 exchange - need feedback quickly

Hi Jey, What did she decide? My mom's escrow closed yesterday. She decided to pull out $300k from the 1031 exchange thanks to all of your advice, but she didn't feel right pulling out anymore than that. This puts her asset allocation to around 50% real estate, 50% stocks & bonds. ... I'm really...

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