Search found 2094 matches

by Munir
Sun Aug 14, 2016 3:22 pm
Forum: Personal Consumer Issues
Topic: Request for recommendations: English Mystery TV series
Replies: 74
Views: 4021

Re: Request for recommendations: English Mystery TV series

Scott & Bailey

Vera

Wallander (the Swedish versions)
by Munir
Wed Aug 03, 2016 9:57 am
Forum: Personal Finance (Not Investing)
Topic: Consumer Reports, how could you? [Investment Company Buying Guide]
Replies: 74
Views: 6414

Re: Consumer Reports, how could you? [Investment Company Buying Guide]

Thank you for the explanation. I don't consider CU a "political" organization- scare quotation marks intended :happy . http://consumersunion.org/ Have a look. Then rethink. They are indeed an openly political organization. Political is not evil, but you should recognize it for what it is ...
by Munir
Tue Aug 02, 2016 10:03 pm
Forum: Personal Finance (Not Investing)
Topic: Consumer Reports, how could you? [Investment Company Buying Guide]
Replies: 74
Views: 6414

Re: Consumer Reports, how could you? [Investment Company Buying Guide]

Many of the negative comments above about CR complain of perceived "politics" of the organization. I wonder how much that has contributed to the negativity of the comments in contrast to just poor quality of the the content. Pushing a political agenda at the expense of objective reporting...
by Munir
Tue Aug 02, 2016 5:54 pm
Forum: Personal Finance (Not Investing)
Topic: Consumer Reports, how could you? [Investment Company Buying Guide]
Replies: 74
Views: 6414

Re: Consumer Reports, how could you? [Investment Company Buying Guide]

Many of the negative comments above about CR complain of perceived "politics" of the organization. I wonder how much that has contributed to the negativity of the comments in contrast to just poor quality of the the content. Pushing a political agenda at the expense of objective reporting...
by Munir
Tue Aug 02, 2016 1:11 am
Forum: Personal Finance (Not Investing)
Topic: Consumer Reports, how could you? [Investment Company Buying Guide]
Replies: 74
Views: 6414

Re: Consumer Reports, how could you? [Investment Company Buying Guide]

Many of the negative comments above about CR complain of perceived "politics" of the organization. I wonder how much that has contributed to the negativity of the comments in contrast to just poor quality of the the content.
by Munir
Sun Jul 31, 2016 7:00 pm
Forum: Personal Finance (Not Investing)
Topic: Consumer Reports, how could you? [Investment Company Buying Guide]
Replies: 74
Views: 6414

Re: Consumer Reports, how could you? [Investment Company Buying Guide]

This thread is sounding like a lynch mob. I don't get the Consumer Reports in print anymore but I subscribe to their online version and have found it very helpful. I consult it before making any significant purchases. I don't find that it covers some areas I'm interested in, but generally the ones i...
by Munir
Sat Jul 23, 2016 3:32 pm
Forum: Investing - Help with Personal Investments
Topic: Core Bond Fund Corporate Holdings:Update 5/5
Replies: 11
Views: 1345

Re: Core Bond Fund Corporate Holdings:Update 5/5

The M* Sector Weightings are as of 3/31/16. and the Credit Quality is as of 4/30/16. I wonder why they are not updated yet.

Vanguard has this fund in the middle of the M* x-ray diagram while M* has it in the lower tier and as a BB bond quality. Whom should we believe?
by Munir
Sun Jul 17, 2016 10:14 am
Forum: Investing - Theory, News & General
Topic: Another look at corporate bonds
Replies: 209
Views: 12625

Re: Another look at corporate bonds

As a 78 year old retiree with most of my 35/65 equity/fixed Income portfolio in my TIRA, I see no wisdom nor do I have the desire to "take my risks in equities". A mix of Vanguard Intermediate Bond funds (VBILX, VFIDX, & VBTLX) with a moderate cash position is far more secure and produ...
by Munir
Thu Jul 14, 2016 9:01 pm
Forum: Personal Finance (Not Investing)
Topic: Just using one Balanced Fund for Retirement Income
Replies: 13
Views: 1263

Re: Just using one Balanced Fund for Retirement Income

When you reach 70 1/2 years old, you are obligated to withdraw funds from your TIRA- it's called the RMD (Required Minimum Distribution). If you have only one fund, you will not have the flexibility to choose to withdraw from the one that has appreciated most during the previous year.
by Munir
Thu Jul 14, 2016 3:59 pm
Forum: Investing - Help with Personal Investments
Topic: Withdrawing from Roth for short term "loan"
Replies: 10
Views: 672

Re: Withdrawing from Roth for short term "loan"

I knew TIRA can be used for such "loans" but was not aware Roth IRAs can also be used in this fashion.
by Munir
Mon Jul 11, 2016 2:01 pm
Forum: Personal Finance (Not Investing)
Topic: Selling A Car that Needs A Paint Job
Replies: 13
Views: 896

Re: Selling A Car that Needs A Paint Job

Thank you for all these suggestions. It has been very educational for me. I think the scratches are not too deep but I'm ignorant about such matters. On talking with my car insurance rep, she said that a repair would change my rating if I file a claim and it would be under collision which is a $500 ...
by Munir
Mon Jul 11, 2016 8:54 am
Forum: Personal Finance (Not Investing)
Topic: Selling A Car that Needs A Paint Job
Replies: 13
Views: 896

Selling A Car that Needs A Paint Job

I want to sell my second car but it has extensive scratches on the side from scraping against a concrete column. Should I get it painted before selling to a car dealer (not interested in haggling with private parties) or sell as is? It is a 2013 Subaru Impreza sedan with only 3500 miles.
by Munir
Thu Jun 30, 2016 4:55 pm
Forum: Investing - Help with Personal Investments
Topic: Getting rid of international funds
Replies: 83
Views: 6672

Re: Getting rid of international funds

I sold my international equities and bonds about two months ago because I became convinced that they were not needed (agree with Jack Bogle). No TIPS or REITs either. I have a 33% equity position (79 year old retiree). Sleep well at night.
by Munir
Tue Jun 28, 2016 5:24 pm
Forum: Personal Consumer Issues
Topic: Why is everyone up in arms about Costco's credit transition?
Replies: 65
Views: 5430

Re: Why is everyone up in arms about Costco's credit transition?

unclescrooge wrote:
miamivice wrote:Or is this just media hype?


This is the media making moutains out of molehills because we're a nation of Kardashian-watching morons and don't really care about real news anymore.


+1.
by Munir
Thu Jun 23, 2016 1:12 pm
Forum: Investing - Theory, News & General
Topic: Why are mid-caps doing so well for now?
Replies: 7
Views: 802

Re: Why are mid-caps doing so well for now?

golfallday wrote:Mega-caps (SPY) are +3.09% YTD...Small-caps (IWM) are +3.45% YTD...while Mid-caps (MDY) are +8.26% YTD. Any thoughts on why mid-caps are currently doing so well? I'm quite pleased as the Mid-Cap 400 is part of my equity allocation in my 457 plan, but I can't figure it out.


Ask Mel :happy
by Munir
Wed Jun 22, 2016 5:28 pm
Forum: Investing - Help with Personal Investments
Topic: VCIT (Intermediate Corp Bond fund ETF) up 6% YTD Why?
Replies: 24
Views: 1520

Re: VCIT (Intermediate Corp Bond fund ETF) up 6% YTD Why?

I re-read the M* article with the interview of Jack on corporate bonds dated October 2015 earlier this morning but it is unavailable now. He said he had used the Intermediate Bond Index and the Intermediate Corporate Bond Fund (0.25% purchase fee). He also said if one wants to keep a fund like Total...
by Munir
Wed Jun 22, 2016 9:09 am
Forum: Investing - Help with Personal Investments
Topic: VCIT (Intermediate Corp Bond fund ETF) up 6% YTD Why?
Replies: 24
Views: 1520

Re: VCIT (Intermediate Corp Bond fund ETF) up 6% YTD Why?

My question is I note that the VCIT (Vanguard Intermediate Corp bond fund) recommended by Mr Bogle as an alternative to the Total Bond fund that he believes is over invested in US Treasuries is up nearly 6% for last 12 months, and Year to date. No idea why corporate bonds are doing so well right no...
by Munir
Mon Jun 20, 2016 11:19 am
Forum: Personal Finance (Not Investing)
Topic: Costco AMEX almost dead -- balance paid early?
Replies: 34
Views: 2978

Re: Costco AMEX almost dead -- balance paid early?

2% for both online and in store purchases. Thank you. I just found the same information on the costco.com web site. I conclude that I would get the same 2% whether I charge it to the new Citi Costco Visa or to the Citi Double Cash MasterCard. The only difference is that the Costco Visa will not cre...
by Munir
Mon Jun 20, 2016 11:09 am
Forum: Personal Finance (Not Investing)
Topic: Costco AMEX almost dead -- balance paid early?
Replies: 34
Views: 2978

Re: Costco AMEX almost dead -- balance paid early?

If I use the new Costco Citi Visa card for a purchase from costco.com online, do I get the same 2% award as does a purchase from a Costco store? Or is costco.com considered a department store and I will get only 1%?
by Munir
Fri Jun 17, 2016 12:55 pm
Forum: Investing - Help with Personal Investments
Topic: VBILX or VBTLX? [Vanguard Intermediate-Term or Total Bond]
Replies: 16
Views: 1421

Re: VBILX or VBTLX?

What is the downside of MBS? Look up the history of Countrywide. Or just go watch the movie "The Big Short." However, this isn't relevant to the mortgage-backed bonds in Total Bond Market Index; they are GNMAs, guaranteed by the Treasury. The downside they have is that the actual duration...
by Munir
Fri Jun 17, 2016 12:45 pm
Forum: Investing - Help with Personal Investments
Topic: VBILX or VBTLX? [Vanguard Intermediate-Term or Total Bond]
Replies: 16
Views: 1421

Re: VBILX or VBTLX? [Vanguard Intermediate-Term or Total Bond]

Is the convexity issue a theoretical drawback or has it been documented to be a drawback to funds that own MSBs? If it's a real proven drawback, why would anyone still invest in Total Market Bond Fund?
by Munir
Fri Jun 17, 2016 12:06 pm
Forum: Investing - Theory, News & General
Topic: 60:40 is dead: Charles Sizemore
Replies: 51
Views: 6136

Re: 60:40 is dead: Charles Sizemore

Yes, 60/40 is dead. Long live 40/60 (for retirees anyway)- maybe even 30/70.
by Munir
Thu Jun 16, 2016 1:02 pm
Forum: Investing - Help with Personal Investments
Topic: VBILX or VBTLX? [Vanguard Intermediate-Term or Total Bond]
Replies: 16
Views: 1421

Re: VBILX or VBTLX?

Bob B wrote:
seanmerron wrote:
mongstradamus wrote:Another issue i would take into account with Vanguard Intermediate term bond vs total bond fund is if you want MBS in your bond fund or not. At least thats what i was looking at when i was looking at bond funds.


MBS?


Mortgage Backed Securities


What is the downside of MBS?
by Munir
Mon Jun 13, 2016 12:03 pm
Forum: Personal Consumer Issues
Topic: What Book Are You Currently Reading? Part VI
Replies: 1771
Views: 422046

Re: What Book Are You Currently Reading? Part VI

A Rage For Order by Robert Worth is a 2016 book discussing the current political conditions in the Middle East by a former N.Y. Times reporter. He describes the conditions that lead to the Arab Spring uprisings and their aftermath. I found him knowledgeable and easy to read.
by Munir
Sat Jun 11, 2016 4:24 pm
Forum: Investing - Theory, News & General
Topic: "The Folly of Predicting the Direction of Interest Rates (and Almost Anything Else)"
Replies: 5
Views: 1120

Re: "The Folly of Predicting the Direction of Interest Rates (and Almost Anything Else)"

After admitting erroneous advice, what do we learn from that on where to go from here?
by Munir
Fri Jun 10, 2016 11:48 am
Forum: Personal Consumer Issues
Topic: Your shopping strategy for new tires?
Replies: 123
Views: 7569

Re: Your shopping strategy for new tires?

Should I get an alignment when I buy a new set of tires? Costco does not do alignments.
by Munir
Thu Jun 09, 2016 12:54 pm
Forum: Personal Consumer Issues
Topic: CostCo Citi card arrived. But we didn't apply for it.
Replies: 31
Views: 3145

Re: CostCo Citi card arrived. But we didn't apply for it.

Will the credit limit on the old Amex Costco card be automatically transferred to the new Citi Visa Costco card or will Citi create a new credit limit? If the latter, how will they decide that since they did not ask for financial info from the Costco customers?
by Munir
Tue Jun 07, 2016 3:30 pm
Forum: Personal Consumer Issues
Topic: CostCo Citi card arrived. But we didn't apply for it.
Replies: 31
Views: 3145

Re: CostCo Citi card arrived. But we didn't apply for it.

The Costco Citi card is actually pretty good. 4% on Gas, 3% on Restaurant and Travel, 2% on Costco, and 1% on everything else. It does come in the form of reward at Costco once per year, so if you want it more often or dislike that as a reward, then it's not great...but otherwise, really pretty goo...
by Munir
Fri Jun 03, 2016 4:48 pm
Forum: Investing - Help with Personal Investments
Topic: Which 529 plan are you using?
Replies: 61
Views: 5928

Re: Which 529 plan are you using?

I use the Oregon 529 College Savings Plan because of the state tax credit. Would not recommend it for out-of-state people because of its fees and mediocre performance. For owners of 529s who are grandparents, I strongly recommend this recent article by Kitces: https://www.kitces.com/blog/grandparent...
by Munir
Fri Jun 03, 2016 4:32 pm
Forum: Investing - Help with Personal Investments
Topic: Asset Allocation Advice - Challenge CFP Recommended Allocation?
Replies: 19
Views: 1386

Re: Asset Allocation Advice - Challenge CFP Recommended Allocation?

We had determined an overall allocation of 75/25 (ages 38, 39) across all our accounts (401K, 457b, 2x Roth IRAs, Taxable Account at Vanguard), and were aiming for the following allocation with our current funds: 26% BND/Total Bond Market 51% VTSAX 23% VTIAX trystero: In my opinion, your Three-Fund...
by Munir
Mon May 30, 2016 11:05 pm
Forum: Investing - Help with Personal Investments
Topic: Asset Allocation Strategy
Replies: 8
Views: 895

Re: Asset Allocation Strategy

Start at 80:20 in one's youth and end at 30:70 when over ?75- and stay there. These numbers are averages/guidelines that can be adjusted for individual circumstances.
by Munir
Mon May 30, 2016 12:19 am
Forum: Investing - Help with Personal Investments
Topic: Vanguard Core Bond Fund
Replies: 16
Views: 2298

Re: Vanguard Core Bond Fund

From the March 31 semiannual report: Credit-quality ratings are obtained from Moody's and S&P, and the higher rating for each issue is shown. "Not Rated" is used to classify securities for which a rating is not available. Not rated securities include a fund's investment in Vanguard Ma...
by Munir
Sun May 29, 2016 4:21 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard Core Bond Fund
Replies: 16
Views: 2298

Re: Vanguard Core Bond Fund

Does " The Core bond" fund also include the total international bond fund as well? If not, then it is not a truly core fund at all! Experts suggest about 30% of the bond portion of a folio be international bonds,..about 40% international in the stock portion.. SeeMoe.. :shock: Vanguard ha...
by Munir
Sun May 29, 2016 11:52 am
Forum: Investing - Help with Personal Investments
Topic: Vanguard Core Bond Fund
Replies: 16
Views: 2298

Re: Vanguard Core Bond Fund

They differ in the type of holdings they own. The Core fund has more corporates and generally lower quality bonds. M* ranks the Core fund as a BB while Vanguard considers it equivalent to an A. Check the M* analysis of each under "portfolio". It also seems that the Core fund still has a lo...
by Munir
Sat May 28, 2016 11:42 am
Forum: Personal Finance (Not Investing)
Topic: Grandparent paying tuition directly
Replies: 14
Views: 1365

Re: Grandparent paying tuition directly

Discussed at length in the Kitces piece on grandparents & 529s linked by articpineapple. Where would I find this link? I think he means the article below by Kitces that was quoted by arcticpineapplecorp in a previous thread https://www.kitces.com/blog/grandparent-owned-529-plans-gifting-appreci...
by Munir
Sat May 28, 2016 1:09 am
Forum: Investing - Theory, News & General
Topic: Jack Bogle - Two Fund Portfolio
Replies: 43
Views: 6453

Re: Jack Bogle - Two Fund Portfolio

I agree with the concept, but instead of VBILX, and because of its long duration, I use a VBTLX and VFIDX combination which approximates the portfolio of VBILX but with a shorter duration. VBILX is the Intermediate Bond Index Fund- duration 6.6 years VFIDX is the Intermediate Investment Grade Fund- ...
by Munir
Mon May 23, 2016 1:50 pm
Forum: Investing - Theory, News & General
Topic: Bernstein says emergency fund part of your "asset allocation?"
Replies: 62
Views: 5638

Re: Bernstein says emergency fund part of your "asset allocation?"

alpenglow wrote:I think it is reasonable to say that most people here separate their investment AA from their emergency fund.


Mine IS part of my portfolio.
by Munir
Wed May 18, 2016 9:13 am
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 1833
Views: 419113

Re: What Movie Have You Recently Watched?

"Theeb"- a great movie about a child's life in the Arabian desert. It portrays a very realistic picture of the challenges to merely survive during WWI. Excellent acting, photography, and direction.
by Munir
Mon May 16, 2016 3:05 pm
Forum: Investing - Theory, News & General
Topic: Bond Index Funds - The turning tide from active
Replies: 45
Views: 3989

Re: Bond Index Funds - The turning tide from active

If one is interested in a similar asset allocation to VBILX but with a shorter duration, would a combination of VBTLX 60% and VFIDX 40% accomplish that goal? It would be 47% corporate, but not sure what the rest would be.
by Munir
Mon May 16, 2016 10:50 am
Forum: Investing - Theory, News & General
Topic: Bond Index Funds - The turning tide from active
Replies: 45
Views: 3989

Re: Bond Index Funds - The turning tide from active

I think Intermediate-Term Bond Index (with 50/50 corporate and government bonds) is the an excellent choice which overcomes some of the downsides of TBM fund. +1 I use Intermediate-Term Bond Index instead of TBM. Is any one concerned with the Intermediate Bond Index's (VBILX) longer duration of 6.5...
by Munir
Sun May 15, 2016 6:21 pm
Forum: Investing - Theory, News & General
Topic: Bond Index Funds - The turning tide from active
Replies: 45
Views: 3989

Re: Bond Index Funds - The turning tide from active

I think Intermediate-Term Bond Index (with 50/50 corporate and government bonds) is the an excellent choice which overcomes some of the downsides of TBM fund. It is actually 58% US government and 40% corporate which is fine. The only drawback is its longer duration by about one year over the other ...
by Munir
Sun May 15, 2016 10:02 am
Forum: Investing - Theory, News & General
Topic: Bond Index Funds - The turning tide from active
Replies: 45
Views: 3989

Re: Bond Index Funds - The turning tide from active

I think Intermediate-Term Bond Index (with 50/50 corporate and government bonds) is the an excellent choice which overcomes some of the downsides of TBM fund. It is actually 58% US government and 40% corporate which is fine. The only drawback is its longer duration by about one year over the other ...
by Munir
Sun May 15, 2016 2:03 am
Forum: Investing - Theory, News & General
Topic: Bond Index Funds - The turning tide from active
Replies: 45
Views: 3989

Re: Bond Index Funds - The turning tide from active

I think Intermediate-Term Bond Index (with 50/50 corporate and government bonds) is the an excellent choice which overcomes some of the downsides of TBM fund. It is actually 58% US government and 40% corporate which is fine. The only drawback is its longer duration by about one year over the other ...
by Munir
Sat May 14, 2016 9:18 pm
Forum: Investing - Theory, News & General
Topic: Bond Index Funds - The turning tide from active
Replies: 45
Views: 3989

Re: Bond Index Funds - The turning tide from active

The love affair with the poorly-performing Total Bond Index Fund continues. Oh...... :happy Hi Munir, What is your bond strategy? Best. Hi abuss, I apologize for the snarky comment of the "love-affair with TBM". My bond holdings currently are a mix of Intermediate Investment Grade and TBM...
by Munir
Sat May 14, 2016 8:10 pm
Forum: Investing - Theory, News & General
Topic: Bond Index Funds - The turning tide from active
Replies: 45
Views: 3989

Re: Bond Index Funds - The turning tide from active

The love affair with the poorly-performing Total Bond Index Fund continues. Oh...... :happy
by Munir
Sat May 14, 2016 3:52 pm
Forum: Investing - Theory, News & General
Topic: Bond Index Funds - The turning tide from active
Replies: 45
Views: 3989

Re: Bond Index Funds - The turning tide from active

The benefit of a total bond index fund is that it's diversified, simple and low cost. The disadvantage is you have no control over the allocation to sectors. If that bothers you, an alternative is to design your own fixed sector weighted index portfolio by using individual index funds from differen...
by Munir
Sat May 14, 2016 12:09 pm
Forum: Investing - Theory, News & General
Topic: Bond Index Funds - The turning tide from active
Replies: 45
Views: 3989

Re: Bond Index Funds - The turning tide from active

Interesting to note that Vanguard just started in March a new actively-managed bond fund called the Core Bond Fund (VCOBX). Its benchmark is Barclays US Agg Float Adj Index, expense ratio 0.15% (for the Admiral version), and duration 5.6 years.
by Munir
Wed May 11, 2016 11:51 am
Forum: Investing - Theory, News & General
Topic: Classic Bernstein 2 — Choosing Portfolio Bond Duration
Replies: 42
Views: 6207

Re: Classic Bernstein 2 — Choosing Portfolio Bond Duration

If that situation happens in an equity fund, what would a manager do? Is it any different for a bond fund? Indexed equity funds will continue to hold what the index holds (avoiding discussion of sampling v full replication - out of scope of conversation) what an active equity fund manager would do ...
by Munir
Tue May 10, 2016 1:04 pm
Forum: Investing - Theory, News & General
Topic: Classic Bernstein 2 — Choosing Portfolio Bond Duration
Replies: 42
Views: 6207

Re: Classic Bernstein 2 — Choosing Portfolio Bond Duration

I respectfully disagree. Taking risk with corporate bonds does not equate to taking the far greater risk with equities. Default rates for high quality corporates have been overblown. A transient drop in the NAV of corporate bond funds for a few months in 2008 should not determine the longterm cours...
by Munir
Mon May 09, 2016 7:36 pm
Forum: Investing - Theory, News & General
Topic: Classic Bernstein 2 — Choosing Portfolio Bond Duration
Replies: 42
Views: 6207

Re: Classic Bernstein 2 — Choosing Portfolio Bond Duration

I think it makes great sense to avoid corporates. As one goes down the quality spectrum, the bonds gain equity like characteristics. It's simply more efficient to take one's risk on the equity side. Dave I respectfully disagree. Taking risk with corporate bonds does not equate to taking the far gre...

Go to advanced search