Search found 477 matches

by Kalo
Thu Jun 21, 2018 5:34 pm
Forum: Personal Consumer Issues
Topic: gray hair
Replies: 129
Views: 7264

Re: gray hair

I realized my grey hair really shows when I am in my car with the sun roof open. So of course I leave it closed now. Just kidding. It is funny though that fashion comes and goes. Men wore wigs (even powdered white) and long beards in bygone times. Same with ear rings. Wide ties, or narrow. Suits or ...
by Kalo
Mon May 28, 2018 5:31 pm
Forum: Investing - Theory, News & General
Topic: "The Seven Types of Investors Who Beat The Market (And Why You Aren’t One Of Them)"
Replies: 14
Views: 3348

Re: "The Seven Types of Investors Who Beat The Market (And Why You Aren’t One Of Them)"

I'll propose another type. The lone wolf Jessy Livermore type. In my opinion their main advantage is a willingness to go bust. This is their safety net. They are probably wrong as often as right but going bust serves as a reset and they can eventually try again. The trick as in gambling is quitting ...
by Kalo
Thu Apr 12, 2018 2:36 pm
Forum: Investing - Theory, News & General
Topic: Is there a such thing as a blue collar Boglehead?
Replies: 251
Views: 36813

Re: Is there a such thing as a blue collar Boglehead?

I know some blue collar folk who are also small business owners who have high income and net worth but drive their white pick up trucks and work with their hands This is a good point. Reminds me of the book The Millionaire Next Door. It points out that some white collar jobs require a high cost lif...
by Kalo
Wed Apr 11, 2018 12:04 pm
Forum: Investing - Theory, News & General
Topic: Can Big Tech Stocks Grow Without Limits?
Replies: 38
Views: 3189

Re: Can Big Tech Stocks Grow Without Limits?

When Amazon comes back down to earth, you will see lots of articles explaining why it was inevitable, and exactly how it happened.

Look up any company it has already happened to and you can read the details.

Kalo
by Kalo
Wed Apr 11, 2018 8:27 am
Forum: Investing - Help with Personal Investments
Topic: Rationale for adding VVIAX & VEXAX?
Replies: 4
Views: 500

Re: Rationale for adding VVIAX & VEXAX?

Maybe so you are not so heavily weighted to the biggest companies. I like the idea. I own some value at small, medium and large, in large part because of the concentration of the total stock market fund.

Kalo
by Kalo
Wed Mar 21, 2018 3:35 pm
Forum: Investing - Help with Personal Investments
Topic: Immediate annuity bridge to Social Security
Replies: 10
Views: 955

Re: Immediate annuity bridge to Social Security

I found a small independent landlord who went by his intuition upon meeting prospective tenants. Not all have a strict income requirement. My previous landlord (a big corporation) had an alternative asset test. I just showed them my bank statement.

Kalo
by Kalo
Sat Mar 17, 2018 11:27 am
Forum: Personal Consumer Issues
Topic: Should I be paying $1300/yr. for under/uninsured motorist protection?
Replies: 99
Views: 7645

Re: Should I be paying $1300/yr. for under/uninsured motorist protection?

Regarding the price point of your premiums, my personal experience is that premium prices can fluctuate wildly among companies, and even from the same company if your circumstances change. My premiums shot up when I moved from one state to another, but not high enough to make me shop it. Then when I...
by Kalo
Wed Mar 14, 2018 5:32 pm
Forum: Investing - Theory, News & General
Topic: How banks create money, not from deposits
Replies: 132
Views: 11537

Re: How banks create money, not from deposits

Except PJW's explanation, there is so much confusion between "money" and shiny currency! At least in US, there is single currency but in UK I think they have both English and Scottish currency. Your local bank certainly has no ability to create new "currency" (aka cash). As digital world takes over...
by Kalo
Mon Mar 05, 2018 12:00 pm
Forum: Investing - Theory, News & General
Topic: "Bogleheads.org" by Kristine Hayes"
Replies: 60
Views: 9029

Re: "Bogleheads.org" by Kristine Hayes"

I understand this may not be possible for Bogleheads yet, but this acronym problem does have a solution. Hot links with a pop-up definition. Maybe it's not technically solved for ad-hoc posts by end users but I'm sure it would fall under the category of "the computer's job" to put in the links. I'm ...
by Kalo
Sun Mar 04, 2018 2:03 am
Forum: Investing - Help with Personal Investments
Topic: Best way to short the equity market
Replies: 93
Views: 5417

Re: Best way to short the equity market

If you are absolutely certain stocks are headed down "for over a year", just buy SDOW and put every penny you can in to it. Tracking is irrelevant. ER is irrelevant. You will make a tremendous return. SDOW is up 9% in the past week and 15% for the past 30 days. Cash out your 401k. Buy SDOW with eve...
by Kalo
Tue Feb 27, 2018 6:34 pm
Forum: Investing - Theory, News & General
Topic: AAPL, AMZN, or GOOG?
Replies: 77
Views: 7648

Re: AAPL, AMZN, or GOOG?

It may be impossible to outsmart the market, but if it is possible, it's more likely to be done with stocks that are not highly followed by street analysts. I would be looking at small cap value issues. If I want the return from mega caps then I would buy mega caps funds or ETFs.

Kalo
by Kalo
Fri Feb 16, 2018 1:39 pm
Forum: Investing - Theory, News & General
Topic: How Not to Get Rich - Mark Twain
Replies: 17
Views: 3664

Re: How Not to Get Rich - Mark Twain

I remember reading something by Mark Twain (cannot remember what it was) that seemed like non-fiction, where he discusses an incredibly large tract of land that had originally been purchased by his father and left to he and his brother I believe. The story he tells involves what a large amount of la...
by Kalo
Fri Feb 16, 2018 1:33 pm
Forum: Investing - Help with Personal Investments
Topic: Does the absence of need for a legacy affect your AA or SWR?
Replies: 24
Views: 1964

Re: Does the absence of need for a legacy affect your AA or SWR?

I don't think it does for me. Even though I have no children of my own, I have close relatives I would be happy to have inherit whatever is left over after I've passed away. The problem with using this for planning in my opinion is that the future contains variables that are dispersed too widely for...
by Kalo
Tue Feb 13, 2018 8:34 pm
Forum: Personal Finance (Not Investing)
Topic: Should I claim chapter 7 bankruptcy? debt 110k
Replies: 64
Views: 7176

Re: Should I claim chapter 7 bankruptcy? debt 110k

I hope what I'm about to write will be taken at face value and be helpful to the OP. In my opinion, whether you eventually pay the money back or declare bankruptcy do not have to be mutually exclusive decisions. Jesse Livermore did both at one time and he later repaid all his debts. But he knew he h...
by Kalo
Tue Feb 13, 2018 7:26 pm
Forum: Investing - Help with Personal Investments
Topic: Anybody else Age - 10 in bonds, rest in stocks
Replies: 127
Views: 12947

Re: Anybody else Age - 10 in bonds, rest in stocks

Age 57, fixed income 44 or 45%. I don't follow age - X in bonds. I follow keep in bonds what you cannot afford to lose a la Taylor Larimore. I have a little more in bonds than I need to live on until SS at 70yo. The question is what I will do if the markets tank. I have some extra in fixed income. B...
by Kalo
Thu Feb 08, 2018 6:42 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 6639
Views: 1435454

Re: U.S. stocks in freefall

Aren't these drops and bouts of volatility useful for determining your asset allocation? I mean, what determines your stock:bond ratio? Isn't it about how much risk you want to tolerate? It seems this recent dip has been a good way to test people's risk tolerance. Or are people determining their ra...
by Kalo
Wed Feb 07, 2018 7:39 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: 4 Horsemen Of Your Portfolio
Replies: 111
Views: 11928

Re: Larry Swedroe: 4 Horsemen Of Your Portfolio

http://www.etf.com/sections/index-investor-corner/swedroe-4-horsemen-your-portfolio?nopaging=1 This is a very important and sobering article. The risk of outliving our savings is perhaps greater now than it has ever been for people of previous eras. Long life expectancy, low bond yields, low expect...
by Kalo
Mon Feb 05, 2018 7:43 pm
Forum: Personal Finance (Not Investing)
Topic: MS Money replacement
Replies: 16
Views: 1585

Re: MS Money replacement

I also use MS Money Sunset Edition, altho I have yet to figure out how to get someone else to pay my way.

It's a good program and free and not cloud based. I update everything manually. No trouble at all. Lots of convenient data entry help features.

Kalo
by Kalo
Mon Feb 05, 2018 1:54 am
Forum: Investing - Help with Personal Investments
Topic: Target Retirement Income Fund (VTINX) in taxable
Replies: 4
Views: 765

Re: Target Retirement Income Fund (VTINX) in taxable

My question is, will this be enormously complex in terms of filing taxes and proving cost basis? Kalo No more than any other mutual fund. Vanguard will keep track of basis and also send yearly reports. There are a couple extra numbers to add to the 1040. If you spend the dividends instead of reinve...
by Kalo
Sat Feb 03, 2018 4:05 pm
Forum: Investing - Help with Personal Investments
Topic: Target Retirement Income Fund (VTINX) in taxable
Replies: 4
Views: 765

Re: Target Retirement Income Fund (VTINX) in taxable

Hi all, Please advise me on how complex it's going to be to hold Vanguard Target Retirement Income Fund (VTINX) in a taxable account. This is for my mother. Just started in 2018. She is not in a high tax bracket, so we're not worried about tax inefficiency. My question is, will this be enormously c...
by Kalo
Sat Feb 03, 2018 4:00 pm
Forum: Personal Finance (Not Investing)
Topic: Do you live on a budget?
Replies: 65
Views: 3942

Re: Do you live on a budget?

I live on a budget, but not always within the budget. It still serves as a useful tool because even if I run over budget, at least I know I have done it. Nothing would feel worse to me than not knowing how far over or under, and where that extra money went. It's just a plan; not set in stone. Also, ...
by Kalo
Sat Feb 03, 2018 2:51 pm
Forum: Investing - Help with Personal Investments
Topic: Target Retirement Income Fund (VTINX) in taxable
Replies: 4
Views: 765

Target Retirement Income Fund (VTINX) in taxable

Hi all, Please advise me on how complex it's going to be to hold Vanguard Target Retirement Income Fund (VTINX) in a taxable account. This is for my mother. Just started in 2018. She is not in a high tax bracket, so we're not worried about tax inefficiency. My question is, will this be enormously co...
by Kalo
Sat Feb 03, 2018 3:57 am
Forum: Personal Consumer Issues
Topic: Substitute for taking a shower?
Replies: 64
Views: 7113

Re: Substitute for taking a shower?

You can also get a short hair cut just prior to the trip to make it easier to shampoo with less water.

Kalo
by Kalo
Wed Jan 31, 2018 7:37 pm
Forum: Investing - Theory, News & General
Topic: The Father of Portfolio Theory Bets on Rebuilding
Replies: 3
Views: 1042

Re: The Father of Portfolio Theory Bets on Rebuilding

At age 90 and presumably with enough other assets it may be a matter of "I'm bored and want to try this and what's the difference if I underperform a little.". They do sound like solid companies.

Kalo
by Kalo
Wed Jan 31, 2018 1:54 am
Forum: Investing - Theory, News & General
Topic: Kinda laughing, kinda mad - Vanguard Personal Investor
Replies: 45
Views: 8312

Re: Kinda laughing, kinda mad - Vanguard Personal Investor

The first thing I would do is ask myself if I really needed this service, which if I am not mistaken costs .3 per year of assets. I will admit I'm probably not being objective, because I don't use the service. But really, once they get you set up, is the ongoing advice really needed? Maybe it is for...
by Kalo
Sun Jan 28, 2018 3:07 am
Forum: Investing - Theory, News & General
Topic: Wisdom of Bitcoin
Replies: 90
Views: 7530

Re: Wisdom of Bitcoin

I think Britain should come out with a crypto currency and call it Britcoin. And if it goes up too high in price and people can't sell it because the price is so high, they can come up with a mechanism to get out of it and call that Brexit (an amalgamation of Britcoin and Exit). The marketing practi...
by Kalo
Sun Jan 28, 2018 1:03 am
Forum: Personal Finance (Not Investing)
Topic: The biggest problem in retirement is spending (not)
Replies: 118
Views: 11281

Re: The biggest problem in retirement is spending (not)

One of the purposes of wealth is safety and flexibility. If you spend, you lose some of that to the extent you deplete your savings, and retirees have lost one of the main ways to replenish wealth (earnings from employment). My personal experience with retirees is that they are interested in having ...
by Kalo
Fri Jan 19, 2018 1:19 pm
Forum: Personal Finance (Not Investing)
Topic: 1,000th post and a 'No-Fail' Retirement Formula
Replies: 54
Views: 5986

Re: 1,000th post and a 'No-Fail' Retirement Formula

Re the OP i have a couple of questions. 1) Where does the .03 come from in the formula? Does it represent a safe withdrawal rate? How did you choose that value? 2) How is it that this formula doesn't need to consider the portfolio's AA? Or expected return? I did the calculation for my own situation,...
by Kalo
Thu Jan 18, 2018 3:25 am
Forum: Personal Finance (Not Investing)
Topic: 1,000th post and a 'No-Fail' Retirement Formula
Replies: 54
Views: 5986

Re: 1,000th post and a 'No-Fail' Retirement Formula

Does the formula account for people who are already in retirement but not yet drawing SS?

Kalo
by Kalo
Wed Jan 17, 2018 11:31 pm
Forum: Investing - Theory, News & General
Topic: 70% chance of correction in 2018 according to Vanguard - Highest in 15 years
Replies: 111
Views: 15186

Re: 70% chance of correction in 2018 according to Vanguard - Highest in 15 years

I read a post by another Boglehead in another thread where he or she mentioned that it's not just knowing whether the market is overvalued, but you also have to know whether the market participants collectively think the market is overvalued. I thought that was a really good explanation of why it's ...
by Kalo
Tue Jan 16, 2018 1:56 am
Forum: Personal Consumer Issues
Topic: Are you finding any good values at Amazon anymore?
Replies: 169
Views: 20853

Re: Are you finding any good values at Amazon anymore?

My problem with Amazon is that they give too little info about the product you've clicked on, yet lots of ads for other products you may like based on the product you are viewing. Not always but I especially notice this with higher end items. Also, they put things way down below, intermingled with a...
by Kalo
Tue Jan 16, 2018 1:24 am
Forum: Personal Consumer Issues
Topic: What frugal thing did you do today?
Replies: 483
Views: 43201

Re: What frugal thing did you do today?

I filled ice cube trays instead of going to the store for a bag of ice. But the reason is we had snow and ice and I didn't want to go out in it. Might keep it up now tho. Could save me eight or ten bucks a month. And better cubes. Have really nice trays from some premium store I can't remember the n...
by Kalo
Mon Jan 15, 2018 2:31 pm
Forum: Personal Finance (Not Investing)
Topic: Stats on When People Take Social Security
Replies: 198
Views: 16235

Re: Stats on When People Take Social Security

I'm planning to delay because I want to do Roth conversions, and for the old age insurance aspect. Longevity runs in my family, although I don't feel particularly confident I will live a long life myself. I actually have more confidence that SS will be there for me than I do in the markets providing...
by Kalo
Tue Jan 09, 2018 2:23 am
Forum: Personal Finance (Not Investing)
Topic: Can you ever win the game?
Replies: 50
Views: 5631

Re: Can you ever win the game?

Hi, Thanks for your response DBR, you said you are not sure my question even makes sense. I posted it in response to the postings on "Memos to those who have won the game: it's time to quit playing." I understand some posters to say because of inflation, future medical costs, wanting to leave inher...
by Kalo
Sun Jan 07, 2018 5:58 pm
Forum: Investing - Help with Personal Investments
Topic: An economist dismisses the idea of dollar cost averaging
Replies: 71
Views: 5953

Re: An economist dismisses the idea of dollar cost averaging

I view it more like Schroedinger's cat. It is both a mistake to dca and a mistake not to. But you won't know which is true until time elapses, at which point you will know. Arguably, you are twice as likely to benefit from lump summing. But that fact will be cold comfort to the lump summer if the ma...
by Kalo
Thu Jan 04, 2018 1:15 am
Forum: Investing - Theory, News & General
Topic: Hitting The Sell Button
Replies: 226
Views: 28625

Re: Hitting The Sell Button

I've been selling gradually for the last year or two. Buying short term bond fund. May create a tips ladder. I've had enough excitement during the last two big bears (dot com and 2008). I guess I'm waving the white flag. But I'd rather be half as well off but still well above the poverty level than ...
by Kalo
Thu Jan 04, 2018 12:57 am
Forum: Personal Consumer Issues
Topic: Do you have a antivirus for you Android phone?
Replies: 20
Views: 1625

Re: Do you have a antivirus for you Android phone?

I don't. Anything i do on my Android is saved in the cloud. So worst case scenario is factory reset and relog into my Google account.

Kalo
by Kalo
Thu Jan 04, 2018 12:49 am
Forum: Personal Finance (Not Investing)
Topic: Embarrassment Preventing Retirement Work: A factor for you?
Replies: 133
Views: 13832

Re: Embarrassment Preventing Retirement Work: A factor for you?

BTW, at the corporate and regional level McDonalds has lots of mechanical and industrial engineers and professional people to run a multi billion dollars business so I would not be quick to assume that you it would be so easy to improve on the restraunts operation. I don’t know. I recently bought a...
by Kalo
Wed Jan 03, 2018 3:34 pm
Forum: Investing - Theory, News & General
Topic: Risk tolerance / Capacity & Can I sleep at night
Replies: 9
Views: 838

Re: Risk tolerance / Capacity & Can I sleep at night

I think about this subject quite a lot as I've been retired now for a few years (somewhat involuntarily due to circumstances) and am looking at the prospect of trying to navigate about the next 13 years until I begin collecting SS at age 70. I could not be comfortable without my stash of bonds to co...
by Kalo
Tue Jan 02, 2018 4:09 am
Forum: Personal Finance (Not Investing)
Topic: Embarrassment Preventing Retirement Work: A factor for you?
Replies: 133
Views: 13832

Re: Embarrassment Preventing Retirement Work: A factor for you?

For me it's more that I don't want to do tasks. I'd rather learn to play a musical instrument. Life is too short for anything mundane unless you need the money.

Kalo
by Kalo
Tue Jan 02, 2018 3:42 am
Forum: Investing - Theory, News & General
Topic: REGISTRATION FOR 2018 BOGLEHEAD CONTEST
Replies: 154
Views: 11153

Re: REGISTRATION FOR 2018 BOGLEHEAD CONTEST

2897.45

Posted to the form in the link too.

I came up with this number while under the influence of alcohol. True story.

Kalo
by Kalo
Thu Dec 28, 2017 11:30 pm
Forum: Investing - Theory, News & General
Topic: The Growing Peril of Index Funds: Too Much Tech
Replies: 67
Views: 6440

Re: The Growing Peril of Index Funds: Too Much Tech

I choose to hold some other indexes (small cap value, mid cap value, etc) not because there is too much tech in TSM, but because it is dominated by some large companies, which makes me feel under diversified. It may not be the optimal strategy, but I'm doing it anyway. I'm just not comfortable holdi...
by Kalo
Thu Dec 28, 2017 3:13 am
Forum: Investing - Theory, News & General
Topic: What the experts say about Bitcoins?
Replies: 114
Views: 8783

Re: What the experts say about Bitcoins?

"This year, I invested in pumpkins. They've been going up the whole month of October and I got a feeling they're going to peak right around January. Then, bang! That's when I'll cash in." - Homer Simpson

Kalo
by Kalo
Thu Dec 28, 2017 3:07 am
Forum: Investing - Theory, News & General
Topic: What the experts say about Bitcoins?
Replies: 114
Views: 8783

Re: What the experts say about Bitcoins?

"After years of disappointment with get rich quick schemes, I know I'm gonna get rich with this scheme. And quick!" - Homer Simpson

Kalo
by Kalo
Wed Dec 20, 2017 2:41 am
Forum: Personal Consumer Issues
Topic: Windows 10 Recent Updates
Replies: 22
Views: 3778

Re: Windows 10 Recent Updates

I've been stuck in an endless loop on my Asus rog laptop. Win 10 downloads an update, it fails and restores. Then I run Microsoft update troubleshooter tool. It says it finds and fixes errors. Then the win 10 downloads the update again. And again it fails and restores. I keep postponing the update n...
by Kalo
Sun Dec 17, 2017 12:06 pm
Forum: Investing - Theory, News & General
Topic: The "Natural" Interest Rate vs. The Fed, 1990-2017
Replies: 7
Views: 860

Re: The "Natural" Interest Rate vs. The Fed, 1990-2017

Are these all short rates? I believe the fed only sets short rates. Don't intermediate and long rates also matter. Also, which is the tail and which is the dog? Or a little of both? Do interest rates drive or are they a result of economic conditions. Maybe a little of both but I don't believe they d...
by Kalo
Sun Dec 17, 2017 11:56 am
Forum: Investing - Theory, News & General
Topic: Do you have bonds in Roths as a retiree?
Replies: 35
Views: 3144

Re: Do you have bonds in Roths as a retiree?

I do have 20% bonds in my Roth, nearly 45% bonds in the total portfolio. Part of the reason is that, being a terrible forecaster, I've been convinced stocks would fall at some point, but we are apparently in a new paradigm where they only go up. Another reason is that 80/20 may be better than 100 eq...
by Kalo
Thu Dec 07, 2017 10:10 pm
Forum: Investing - Theory, News & General
Topic: Call the Top!
Replies: 29
Views: 2983

Re: Call the Top!

Is it closest without going over? Or is it ok to go over if you are still closest?

Kalo
by Kalo
Tue Nov 28, 2017 10:47 pm
Forum: Investing - Theory, News & General
Topic: Tracking the Bitcoin Bubble in Real Time?
Replies: 70
Views: 5919

Re: Tracking the Bitcoin Bubble in Real Time?

I have three questions: 1) Correct me if I'm wrong, but isn't it true that Bitcoin currently can't be shorted? If so, this would make it difficult to get adequate price discovery. I thought I saw that Chicago Mercantile Exchange was wanting to create an exchange for crypto currencies, which I presum...
by Kalo
Mon Nov 27, 2017 7:09 pm
Forum: Investing - Theory, News & General
Topic: Value Investors vs. S&P 500
Replies: 24
Views: 3790

Re: Value Investors vs. S&P 500

ERP is Enterprise Resource Planning. He must mean something else.

ILMUA. Just kidding, I don't.

Kalo