Search found 754 matches

by Fat-Tailed Contagion
Thu Feb 11, 2016 8:48 pm
Forum: Investing - Help with Personal Investments
Topic: What to do with VGPMX (Vanguard Precious Metals and Mining)?
Replies: 89
Views: 10447

Re: What to do with VGPMX (Vanguard Precious Metals and Mining)?

Another investment along these lines is GDX. I have never owned it but used to watch it as an indicator of price direction when I owned VGPMX. Typically they both moved in the same direction although not by the same magnitude. Good luck with your sector tilts & investments. Thank you, I have fo...
by Fat-Tailed Contagion
Thu Feb 11, 2016 8:15 pm
Forum: Personal Consumer Issues
Topic: Delta lost my luggage...
Replies: 5
Views: 531

Re: Delta lost my luggage...

Thanks for the help. I finally got some good information from them. They sent 2 forms to fill out of loss of property and reimbursement of items purchased to have clothing to wear. Interesting that you have to print out the forms and fax them to their Claims Dept. within 21 days. Apparently they iss...
by Fat-Tailed Contagion
Thu Feb 11, 2016 6:59 pm
Forum: Personal Consumer Issues
Topic: Delta lost my luggage...
Replies: 5
Views: 531

Re: Delta lost my luggage...

FelixTheCat wrote:You should've filed a claim with the airline when you realized the bag was lost.


I did and they are searching for it and cannot find it.
by Fat-Tailed Contagion
Thu Feb 11, 2016 6:57 pm
Forum: Personal Consumer Issues
Topic: Delta lost my luggage...
Replies: 5
Views: 531

Delta lost my luggage...

about a week ago on a trip from US to Mexico.

I filed an initial claim at the baggage dept. upon arrival and they have not found it.

Any guidance on how to get reimbursed ?

Of course the bag had my favorite clothing and pillow in it.
by Fat-Tailed Contagion
Thu Feb 11, 2016 4:28 pm
Forum: Investing - Help with Personal Investments
Topic: What to do with VGPMX (Vanguard Precious Metals and Mining)?
Replies: 89
Views: 10447

Re: What to do with VGPMX (Vanguard Precious Metals and Mining)?

RING up ~8% today.

Will be interesting to see the VGPMX gain today as they are correlated but sometimes their daily moves are not in sync.
by Fat-Tailed Contagion
Tue Feb 09, 2016 6:02 pm
Forum: Investing - Theory, News & General
Topic: Why has Oil become such a dominant market influencer?
Replies: 66
Views: 3700

Re: Why has Oil become such a dominant market influencer?

It would be interesting if someone could quantify the 'meme effect' of the financial media and the financial brokers. That is, how much does the financial speak affect the financial markets. We know the limitations of reason , but it seems that the human mind relentlesly searches for cause and effec...
by Fat-Tailed Contagion
Tue Feb 09, 2016 5:51 pm
Forum: Personal Consumer Issues
Topic: Banned from Home Depot Returns
Replies: 52
Views: 7405

Re: Banned from Home Depot Returns

In essence Home Depot is not in the business of financing extra inventory for projects it seems .

So I would be careful to buy only what you need or find a competitor with a more lenient return policy .

You could sell the excess inventory on craigslist and probably get 50% of your cost back .
by Fat-Tailed Contagion
Mon Feb 08, 2016 6:31 pm
Forum: Investing - Help with Personal Investments
Topic: No guts to buy today!
Replies: 55
Views: 5179

Re: No guts to buy today!

It seems to me that you have to look at valuations of both the stock and bond markets as suggested by Ben Graham.

Using his methodology tends to make a lot of sense to me and is a good way of avoiding equity market speculative manias.

Just my .02 :moneybag :moneybag :moneybag :beer
by Fat-Tailed Contagion
Mon Feb 08, 2016 6:27 pm
Forum: Investing - Theory, News & General
Topic: Rebalancing, another study
Replies: 127
Views: 9295

Re: Rebalancing, another study

Vangaurd did a rebalance white paper recently. To save you time, 1 month rebalancing did worst, quarterly did second worst semi annually, annually, or a 5/25 band all performed so similar it wasn't worth worrying about. Go for annual rebalancing I'm curious to learn more about the 5/25 method. 1. I...
by Fat-Tailed Contagion
Mon Feb 08, 2016 6:19 pm
Forum: Investing - Theory, News & General
Topic: "Politics and Investing Don't Mix"
Replies: 23
Views: 1988

Re: "Politics and Investing Don't Mix"

Good topic. What I have come to understand is that there is so much political regulation and red tape that the majority of people are unaware of (even our representatives don't read the legislative items before voting on them) that is takes a long time for the intended and unintended consequences to...
by Fat-Tailed Contagion
Fri Feb 05, 2016 4:58 pm
Forum: Personal Finance (Not Investing)
Topic: Uber driving for extra income in retirement.
Replies: 31
Views: 3145

Re: Uber driving for extra income in retirement.

After accounting for costs of doing business, what is the general range of per hour compensation for being an Uber driver ?

:moneybag

Thank you for any feedback.
by Fat-Tailed Contagion
Thu Feb 04, 2016 9:17 pm
Forum: Investing - Help with Personal Investments
Topic: What to do with VGPMX (Vanguard Precious Metals and Mining)?
Replies: 89
Views: 10447

Re: What to do with VGPMX (Vanguard Precious Metals and Mining)?

$ 6.78 / share

Up 22.16% from its bottom Jan. 19 (5.55) according to Yahoo Finance chart.
by Fat-Tailed Contagion
Sun Jan 31, 2016 10:32 pm
Forum: Personal Finance (Not Investing)
Topic: Just not interested any more [in investing]
Replies: 42
Views: 7159

Re: Just not interested any more [in investing]

Yes, it comes and goes like waves.

After you've had your fill you go do something else and then maybe come back again, and again.
by Fat-Tailed Contagion
Sat Jan 30, 2016 11:30 pm
Forum: Investing - Help with Personal Investments
Topic: son just starting out
Replies: 19
Views: 1496

Re: son just starting out

100% Small Cap Value

When he gets a 401(k) or similar he can start adding Total Stock Market and Bonds, etc.
by Fat-Tailed Contagion
Sat Jan 30, 2016 9:38 pm
Forum: Investing - Theory, News & General
Topic: Graham's "margin of safety" for US stocks (1-29-16)
Replies: 61
Views: 9856

Re: Graham's "margin of safety" for US stocks (1-29-16)

I always thought it was interesting to look at Ben Graham's Asset Allocation suggestion as:

S&P 500 Earnings Yield = 4.67%

Moody's AAA Bond Yield = 4.07%

Stock % = 4.67 / (4.67 + 4.07) = 53%, Bond % = 47%

Pretty evenly valued.
by Fat-Tailed Contagion
Sat Jan 30, 2016 2:40 pm
Forum: Investing - Theory, News & General
Topic: Graham's "margin of safety" for US stocks (1-29-16)
Replies: 61
Views: 9856

Re: Graham's "margin of safety" for US stocks (1-29-16)

Comparing Earnings yield to corporate bond yield model is pretty much broken since 1996. http://s13.postimg.org/euxocrwrb/Snap5.jpg Above chart is for forward earnings yield, but i suspect it will be pretty similar to trailing earnings yield. Increased era of gov't intervention in bond markets ?
by Fat-Tailed Contagion
Sat Jan 30, 2016 1:14 pm
Forum: Investing - Theory, News & General
Topic: Graham's "margin of safety" for US stocks (1-29-16)
Replies: 61
Views: 9856

Re: Graham's "margin of safety" for US stocks (1-29-16)

Benjamin Graham wrote: “ …I should want the Dow or Standard and Poor's to return an earnings yield (EY) of at least four-thirds (1.33 x ) that on AAA bonds (B) to give them competitive attractiveness with bond investments.” From: Common Sense Investing: The Papers of Benjamin Graham. EY/B Ratio = S...
by Fat-Tailed Contagion
Fri Jan 29, 2016 11:56 pm
Forum: Personal Finance (Not Investing)
Topic: Vanguard TurboTax - Not Available 2015?
Replies: 320
Views: 30892

Re: Vanguard TurboTax - Not Available 2015?

The $9.95 H&R Block worked for me (no FL state tax). It looks for updates every time it opens. I'm not sure if it is the same as what I downloaded from the H&R Block website. So, it sounds like you bought from the H&R website and not this shared download ? I used the shared download. Fe...
by Fat-Tailed Contagion
Fri Jan 29, 2016 11:12 am
Forum: Personal Finance (Not Investing)
Topic: Handling RE Taxes after Sale of and Purchase of House
Replies: 5
Views: 343

Re: Handling RE Taxes after Sale of and Purchase of House

Bump.

Can anyone help me out with a brief explanation on how to read and account for the real estate taxes paid as a result of a sale and purchase of a house.

It seems a bit confusing.
by Fat-Tailed Contagion
Thu Jan 28, 2016 11:10 pm
Forum: Personal Finance (Not Investing)
Topic: Vanguard TurboTax - Not Available 2015?
Replies: 320
Views: 30892

Re: Vanguard TurboTax - Not Available 2015?

PaFromFL wrote:The $9.95 H&R Block worked for me (no FL state tax). It looks for updates every time it opens. I'm not sure if it is the same as what I downloaded from the H&R Block website.


So, it sounds like you bought from the H&R website and not this shared download ?
by Fat-Tailed Contagion
Thu Jan 28, 2016 5:42 pm
Forum: Personal Finance (Not Investing)
Topic: Handling RE Taxes after Sale of and Purchase of House
Replies: 5
Views: 343

Re: Handling RE Taxes after Sale of and Purchase of House

Gopherrube1 wrote:Look at your closing disclosure documents (fka HUD-1) and it should show the pro-rated portions of RE taxes attributable to the buyer/seller


Thank you, I am aware of the documents. They are just difficult to decipher.

Any advice on how to read those documents ?
by Fat-Tailed Contagion
Thu Jan 28, 2016 5:15 pm
Forum: Personal Finance (Not Investing)
Topic: Handling RE Taxes after Sale of and Purchase of House
Replies: 5
Views: 343

Handling RE Taxes after Sale of and Purchase of House

Hi Bogleheads,

We sold a house in Ohio and pre-paid some RE taxes and bought a house in Florida and the seller pre-paid some taxes.

What is the easiest way to account for this type of situation when doing our taxes ?

Thanks for any guidance,

FTC
by Fat-Tailed Contagion
Thu Jan 28, 2016 1:06 pm
Forum: Personal Finance (Not Investing)
Topic: Vanguard TurboTax - Not Available 2015?
Replies: 320
Views: 30892

Re: Vanguard TurboTax - Not Available 2015?

sengsational wrote:2015 Block

It says $9.95 on the mailing folder. $14.95 if you want the state.

iso: https://drive.google.com/open?id=0B5wbK ... FJRLTc4NjQ


Anyone use this download version ?

Did it work ? Any risk of getting a version that is not up-to-date ?
by Fat-Tailed Contagion
Wed Jan 27, 2016 8:57 pm
Forum: Investing - Theory, News & General
Topic: "Mutual-Fund Fees Tumble toward Zero"
Replies: 9
Views: 1539

Re: "Mutual-Fund Fees Tumble toward Zero"

http://www.wsj.com/articles/fees-on-mutual-funds-and-etfs-tumble-toward-zero-1453858966 Fee-cutting pressure is likely to remain relentless. Vanguard automatically lowers fees as its funds grow. The firm manages about $3 trillion in assets. Chairman and Chief Executive F. William McNabb III says Va...
by Fat-Tailed Contagion
Wed Jan 27, 2016 7:16 pm
Forum: Investing - Theory, News & General
Topic: Rebalancing, another study
Replies: 127
Views: 9295

Re: Rebalancing, another study

livesoft wrote:I think the momentum effect is all over the place. Sure it has an average, but so what?

I think RBDs can indicate an upcoming change in momentum ... at least for a few days, but not necessarily a long-term change.


What is your RBD strategy ?
by Fat-Tailed Contagion
Wed Jan 27, 2016 6:11 pm
Forum: Investing - Theory, News & General
Topic: Rebalancing, another study
Replies: 127
Views: 9295

Re: Rebalancing, another study

How long is the momentum effect ? I recall long term reversion happening somewhere around 1-2 years (correct me if I'm wrong). So, if the 5/25 method usually triggers every 1-2 years, that would make some sense to why it works or why it is designed in this way...any help on clarifying this is greatl...
by Fat-Tailed Contagion
Mon Jan 25, 2016 11:10 pm
Forum: Personal Consumer Issues
Topic: 3 Small Dogs - Dental Care
Replies: 19
Views: 1436

3 Small Dogs - Dental Care

Hi Bogleheads, We have 3 small dogs, Pomapoo, Morkie, and Maltese. They have varying degrees of dental issues - just had a cleaning and the vet recommended a enzyme water additive and a large kibble food to help keep their teeth clean. Do these products work? What do you do to address your canine's ...
by Fat-Tailed Contagion
Mon Jan 25, 2016 4:46 pm
Forum: Personal Finance (Not Investing)
Topic: Charitable Contributions
Replies: 1
Views: 271

Charitable Contributions

Hi Bogleheads,

How do you handle charitable contributions ?

I am trying to better understand how these work with taxes, for example - cash vs. non-cash, how much is deductible, how much is permitted per year, etc.

Any guidance is greatly appreciated!

Fat-Tail
by Fat-Tailed Contagion
Mon Jan 25, 2016 1:22 am
Forum: Investing - Theory, News & General
Topic: Best article/study describing why and by how much retail investors under-perform?
Replies: 41
Views: 2422

Re: Best article/study describing why and by how much retail investors under-perform?

I've looked at this off and on, and I do not know what they are calculating. First, I do believe that investors chase returns: Sell the 3 star fund and buy the 5 star is a good way to sell after the loss and buy after the gain. Second, and most important, I do not know how they account for systemat...
by Fat-Tailed Contagion
Sun Jan 24, 2016 8:41 pm
Forum: Personal Consumer Issues
Topic: Stats on Americans 'cutting the cable' ?
Replies: 42
Views: 3587

Re: Stats on Americans 'cutting the cable' ?

I almost cut the cable last week. I installed an antenna in the attic and ran the cable in the wall to exit behind the TV. I've been reading about different options, like Sling, to get the channels we'd be dropping. I'm tired of paying @$160 monthly for internet and TV. The internet alone would run...
by Fat-Tailed Contagion
Sun Jan 24, 2016 8:20 pm
Forum: Investing - Theory, News & General
Topic: Rebalancing, another study
Replies: 127
Views: 9295

Re: Rebalancing, another study

What does 3-4% trigger mean exactly ?

Same as the 5% absolute trigger in the 5/25 method ?
by Fat-Tailed Contagion
Sat Jan 23, 2016 12:28 pm
Forum: Personal Consumer Issues
Topic: Stats on Americans 'cutting the cable' ?
Replies: 42
Views: 3587

Re: Stats on Americans 'cutting the cable' ?

I work at a University and I have to say I am yet to talk to someone under 30 who has ever paid for cable TV. The new term for these people are the " cord nevers". Rest assured the cable companies have strategies in place to ensure their revenue. Comcast, for one, has bought NBC so they h...
by Fat-Tailed Contagion
Sat Jan 23, 2016 9:48 am
Forum: Personal Consumer Issues
Topic: The Big Short
Replies: 137
Views: 13824

Re: The Big Short

Folks, Interview with Michael Burry, http://nymag.com/daily/intelligencer/2015/12/big-short-genius-says-another-crisis-is-coming.html << How do you think all of this affected people's perception of the System, in general? The postcrisis perception, at least in the media, appears to be one of Americ...
by Fat-Tailed Contagion
Sat Jan 23, 2016 8:29 am
Forum: Personal Consumer Issues
Topic: The Big Short
Replies: 137
Views: 13824

Re: The Big Short

Folks, Interview with Michael Burry, http://nymag.com/daily/intelligencer/2015/12/big-short-genius-says-another-crisis-is-coming.html << How do you think all of this affected people's perception of the System, in general? The postcrisis perception, at least in the media, appears to be one of Americ...
by Fat-Tailed Contagion
Fri Jan 22, 2016 9:06 pm
Forum: Personal Consumer Issues
Topic: Stats on Americans 'cutting the cable' ?
Replies: 42
Views: 3587

Stats on Americans 'cutting the cable' ?

Hi Bogleheads ,

Is anyone aware of the current statistics with regard to the percentage of Americans that have 'cut the cable tv' and found other means of content ?

And by what percentage growth rate is expected going forward ?

Thank you , FTC
by Fat-Tailed Contagion
Fri Jan 22, 2016 7:49 pm
Forum: Investing - Theory, News & General
Topic: Best article/study describing why and by how much retail investors under-perform?
Replies: 41
Views: 2422

Re: Best article/study describing why (and by how much) investors under-perform?

For a single $28 billion portfolio such as Yale's to return 3% annualised above the market, many tens of thousands of smaller investors will be returning an average 3% below That is true, Yales outperformance is coming at the expense of other investors. You could probably find a factor model (illiq...
by Fat-Tailed Contagion
Fri Jan 22, 2016 7:35 pm
Forum: Investing - Theory, News & General
Topic: Best article/study describing why and by how much retail investors under-perform?
Replies: 41
Views: 2422

Re: Best article/study describing why (and by how much) investors under-perform?

I don't think there's a very good explanation of "why." I've been puzzled by this for a long time as I have come to believe the effect is real, not an artifact, but at the same time I do not believe investors are capable of timing the market in reverse, nor that there is any simple, magic...
by Fat-Tailed Contagion
Fri Jan 22, 2016 6:22 pm
Forum: Investing - Theory, News & General
Topic: Best article/study describing why and by how much retail investors under-perform?
Replies: 41
Views: 2422

Re: Best article/study describing why (and by how much) investors under-perform?

Thanks guys,

The studies and Morningstar Investor returns is the essence of what I was asking about.

And the hormonal response from the emotional response of the fear of loss (or conversely the fear of missing out) of cortisol makes sense.

Any more contributions are greatly appreciated.

FTC
by Fat-Tailed Contagion
Fri Jan 22, 2016 6:10 pm
Forum: Personal Finance (Not Investing)
Topic: The Boglehead Way of Employment
Replies: 82
Views: 6629

The Boglehead Way of Employment

Hi Bogleheads, I am trying to assess what your experience and wisdom is on the best way of the employment path during your lifetime. That is, if you had to pass your highest wisdom to a child or grandchild on the employment path, what would it be ? What would you advise in ways of job fulfillment, s...
by Fat-Tailed Contagion
Fri Jan 22, 2016 5:35 pm
Forum: Investing - Theory, News & General
Topic: Best article/study describing why and by how much retail investors under-perform?
Replies: 41
Views: 2422

Best article/study describing why and by how much retail investors under-perform?

Hi Bogleheads, Anyone have a link or can point me to the most concise description of why (and by how much) average investors under-perform the markets by following their emotions and buying high and selling low? And then offering a solution of outlining and following an IPS (Investment Policy Statem...
by Fat-Tailed Contagion
Fri Jan 22, 2016 11:21 am
Forum: Investing - Theory, News & General
Topic: Ranking List of Asset Classes by Valuation (like Callan Table)
Replies: 9
Views: 1005

Re: Ranking List of Asset Classes by Valuation (like Callan Table)

alpenglow wrote:I don't put much faith in these things, but perhaps this will be of interest. At least it is fun to play with.

https://www.researchaffiliates.com/Asse ... rview.aspx


Thanks, that's interesting.
by Fat-Tailed Contagion
Fri Jan 22, 2016 12:00 am
Forum: Investing - Theory, News & General
Topic: Ranking List of Asset Classes by Valuation (like Callan Table)
Replies: 9
Views: 1005

Re: Ranking List of Asset Classes by Valuation (like Callan Table)

Every blogger and new letter writer seems to do this. Search the site for Larry Swedroe, Rick Ferri, Grantham, Bernstein or "asset valuations" or the like. Take with largest grain of salt you can choke down. Hmm, I take it there is no objective way to put together a valuation spreadsheet?...
by Fat-Tailed Contagion
Thu Jan 21, 2016 9:39 pm
Forum: Personal Finance (Not Investing)
Topic: Car insurance trying to deny injury claim?
Replies: 18
Views: 1367

Re: car insurance trying to deny injury claim?

Likely need a PI attorney.

That's how the game seems to work.

They usually take around 1/3 of the settlement and are paid that when you are paid out.
by Fat-Tailed Contagion
Thu Jan 21, 2016 9:36 pm
Forum: Personal Finance (Not Investing)
Topic: What age does LBYM (being a big saver) pay off?
Replies: 81
Views: 9811

Re: What age does LBYM (being a big saver) pay off?

I'm 37 years old. I've been a heavy saver ever since my first job out of college. Yet, on a income versus expenses basis, money is still relatively tight. I could dip into my savings and splurge if I wanted to but that doesn't make any sense because I'd like to increase my net assets. My take today...
by Fat-Tailed Contagion
Thu Jan 21, 2016 6:43 pm
Forum: Investing - Theory, News & General
Topic: Ranking List of Asset Classes by Valuation (like Callan Table)
Replies: 9
Views: 1005

Ranking List of Asset Classes by Valuation (like Callan Table)

Hi Bogleheads,

Is there a resource that ranks asset classes based on valuation metrics.

I imagine it would look similar to the Callan Table of returns.

Thanks if you know of anything.

FTC
by Fat-Tailed Contagion
Thu Jan 21, 2016 6:37 pm
Forum: Personal Consumer Issues
Topic: Vanguard Store Items
Replies: 51
Views: 3605

Re: Vanguard Store Items

$7 for a mug.

Cost around $0.30 to make in China.

Those are some great margins.

How can I invest in this new Vanguard venture ?
by Fat-Tailed Contagion
Thu Jan 21, 2016 3:04 pm
Forum: Investing - Theory, News & General
Topic: Why are REITs not providing any benefit in this market?
Replies: 45
Views: 4924

Re: Why are REITs not providing any benefit in this market?

It acts like a separate asset class so you never know.

What is its' correlation to interest rate movements ?
by Fat-Tailed Contagion
Thu Jan 21, 2016 3:01 pm
Forum: Investing - Help with Personal Investments
Topic: 100% stock allocation plans - Need your feedback
Replies: 20
Views: 1806

Re: 100% stock allocation plans - Need your feedback

Above 75% stock you gain little to no advantage. That is an oft-repeated, yet untrue assertion. Sure you can find periods, including some recent history, in which bonds have done comparatively well, so you don't lose much in return. But if you end up with long-term average returns for two asset cla...

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