Search found 67 matches

by NibbanaBanana
Fri Mar 24, 2017 2:47 pm
Forum: Investing - Help with Personal Investments
Topic: dollar cost averaging
Replies: 11
Views: 810

Re: dollar cost averaging

Artisan wrote:
Or watch a video of Mr. Bogle. I always find his advice comforting.

:thumbsup
by NibbanaBanana
Fri Mar 24, 2017 12:20 pm
Forum: Investing - Theory, News & General
Topic: So why exactly is everyone gloomy about bonds?
Replies: 20
Views: 1633

Re: So why exactly is everyone gloomy about bonds?

If your question is why are people afraid of interest rates going up, they shouldn't be because interest rates going up some is a salvation for savers. The chances going up means a repeat of the late seventies and early eighties is exceedingly remote. Can you explain that? When I think of "the...
by NibbanaBanana
Fri Mar 24, 2017 10:26 am
Forum: Personal Finance (Not Investing)
Topic: So someone drained $13k from my checking account...
Replies: 65
Views: 6319

Re: So someone drained $13k from my checking account...

It terrifies me to think of how many cyber attacks Vanguard must get every year, month, week, day. They must have some good security people.
by NibbanaBanana
Thu Mar 23, 2017 1:50 pm
Forum: Investing - Theory, News & General
Topic: The $1,124,176 Car.
Replies: 99
Views: 6714

Re: The $1,124,176 Car.

I bought two Geo Metros back in the mid 90's for my wife and I. Cheapest cars available and got around 50mpg highway milage. Ran them until they rusted to death at 185K and 186K miles. My daily driver is a 2006 Chevy Aveo purchased new for $9800 and has 210K+ miles. My wife drives a fantastic 2013 K...
by NibbanaBanana
Wed Mar 22, 2017 1:27 pm
Forum: Investing - Help with Personal Investments
Topic: Asset allocation anxiety
Replies: 27
Views: 1129

Re: Asset allocation anxiety

Vanguard Balanced Index fund. The worst year, lost 22% during the great financial crisis and regained everything lost in just about a year. Other than that didn't ever have a losing year in the last ten. Made 6% since inception in 2000. Hard to argue with that.
by NibbanaBanana
Mon Mar 20, 2017 6:33 am
Forum: Investing - Theory, News & General
Topic: It's worth remembering that bull markets don't last forever
Replies: 95
Views: 6501

Re: It's worth remembering that bull markets don't last forever

We can, though, plan for a big market dive - and we should, because there will likely be one. How many 30 year periods don't have a big crash? Since 1861, how many rolling 30-year periods have bonds (long term risky ones no less) outperformed stocks? According to Larry Swedroe, 1 period. http://www...
by NibbanaBanana
Sun Mar 19, 2017 5:34 pm
Forum: Investing - Theory, News & General
Topic: It's worth remembering that bull markets don't last forever
Replies: 95
Views: 6501

Re: It's worth remembering that bull markets don't last forever

Man, oh, man. Talk about a case of luck. Imagine if the recovery had not been V-shaped. I don't get it. I remember 2008 et al. Let's suppose I have $400k in stocks and $600k in fixed income. The market plunges 50%; I now have $200k in stocks and $600k in fixed income. The worst case scenario is tha...
by NibbanaBanana
Sun Mar 19, 2017 5:30 pm
Forum: Investing - Theory, News & General
Topic: It's worth remembering that bull markets don't last forever
Replies: 95
Views: 6501

Re: It's worth remembering that bull markets don't last forever

Just as it is worth noting that bull markets don't last forever, it is also worth noting that the longer the bull runs the more optimistic that investors get. When everybody is an optimist, the market runs out of buyers. Don't get caught in the trap of excessive optimism. Interesting to listen to t...
by NibbanaBanana
Sun Mar 19, 2017 2:19 pm
Forum: Investing - Theory, News & General
Topic: Risks of MLPs
Replies: 26
Views: 1548

Re: Risks of MLPs

See here and decide if it even makes sense to consider such things. This Vanguard paper is even handed. https://personal.vanguard.com/pdf/ISGPMLP.pdf Good points by everyone. The Vanguard paper was at their usual level: excellent. My take on it; Now, with energy doing poorly, would probably be a go...
by NibbanaBanana
Sun Mar 19, 2017 1:20 pm
Forum: Investing - Theory, News & General
Topic: It's worth remembering that bull markets don't last forever
Replies: 95
Views: 6501

Re: It's worth remembering that bull markets don't last forever

The lesson is that you can't really know how to call it. So the best bet is to decide how much exposure you need and want and manage (re-balance) as necessary to deal with it. I have been re-balancing periodically back to my 40% target on the way up. I do the same on the way down again. I may go cr...
by NibbanaBanana
Sat Mar 18, 2017 5:47 pm
Forum: Investing - Theory, News & General
Topic: Bogle Interview CNN - Sat.
Replies: 41
Views: 3669

Re: Bogle CNN Interview

That was one great interview of one great man. Thanks.
by NibbanaBanana
Sat Mar 18, 2017 1:25 pm
Forum: Investing - Theory, News & General
Topic: Investing in - WATER - thoughts
Replies: 57
Views: 3512

Re: Investing in - WATER - thoughts

I think it's priced into the stocks already. I've watched them for decades and wished I had invested back then.

50% of the fresh water in the US is used for animal production. See Cowspiracy. http://www.cowspiracy.com/
by NibbanaBanana
Sat Mar 18, 2017 1:21 pm
Forum: Investing - Theory, News & General
Topic: Risks of MLPs
Replies: 26
Views: 1548

Risks of MLPs

Does anybody know anything about MLPs and their particular risks? I see that these MLPs can pay a pretty nice dividend. For example BPL, Buckeye Partners pipe line is paying about 7% divy. I don't really understand why these MLPs pay such a high dividend vs the market. I do know that the divys are t...
by NibbanaBanana
Sat Mar 18, 2017 1:14 pm
Forum: Investing - Help with Personal Investments
Topic: Asset Allocation in Retirement - Me 100% Stocks.
Replies: 53
Views: 2891

Re: Asset Allocation in Retirement - Me 100% Stocks.

We're in a similar position. 90% stocks and being forced into retirement in a year or so. We have enough dividends to provide about 80% of our (very low and mostly self sufficient) living expenses. (I do all my own auto repair and have run two Geo Metros to 185K and 186K miles.) I just can't seem to...
by NibbanaBanana
Fri Mar 17, 2017 7:23 am
Forum: Investing - Theory, News & General
Topic: Vanguard's recommendation
Replies: 15
Views: 1716

Re: Vanguard's recommendation

It's easy to be risk tolerant in a bull market and risk adverse in a bull. If you have a net worth of $10,000 seeing it drop 50% is no big deal. Lose $5000, not the end of the world. And it'll come back. If you have a net worth of $1,000,000 a drop of 50% and you lose half a million dollars. Might f...
by NibbanaBanana
Thu Mar 16, 2017 12:11 pm
Forum: Investing - Theory, News & General
Topic: "Buffett's Bet"
Replies: 18
Views: 2318

Re: "Buffett's Bet"

I agree with all this. The only problem with the S&P index fund is,.......it's simply no fun. NO FUN. I like the excitement of the trade. The possibility (unlikely as it is) of beating the market. I keep about (edit again: about 15%) in my trading account to play with. Have 90% stocks, 5% bonds ...
by NibbanaBanana
Tue Mar 14, 2017 3:45 pm
Forum: Investing - Theory, News & General
Topic: Dividends Vs Annuity
Replies: 32
Views: 3059

Re: Dividends Vs Annuity

My wife and I have a Vanguard variable annuity in accumulation phase. About 15% of our investable assets. To me, the important difference is that the annuity is an insurance product. It's not really what I consider an investment. At least not once annuitized. The annuity is guaranteed (up to the in...
by NibbanaBanana
Tue Mar 14, 2017 1:32 pm
Forum: Investing - Theory, News & General
Topic: I have to share this quote
Replies: 32
Views: 4450

Re: I have to share this quote

Our hero, Jack Bogle, predicts that the returns will be slimmer the next 25 years. Bogle tells us to only invest in US stocks. But lots of international stocks have lower PE10s: http://www.starcapital.de/research/stockmarketvaluation He argues that the US firms have international holdings, but they...
by NibbanaBanana
Tue Mar 14, 2017 1:08 pm
Forum: Investing - Theory, News & General
Topic: Dividends Vs Annuity
Replies: 32
Views: 3059

Re: Dividends Vs Annuity

My wife and I have a Vanguard variable annuity in accumulation phase. About 15% of our investable assets. To me, the important difference is that the annuity is an insurance product. It's not really what I consider an investment. At least not once annuitized. The annuity is guaranteed (up to the ins...
by NibbanaBanana
Tue Mar 14, 2017 12:37 pm
Forum: Personal Finance (Not Investing)
Topic: When should you replace a vehicle?
Replies: 52
Views: 3815

Re: When should you replace a vehicle?

Drive them until the wheels fall off. Then buy the absolute cheapest new vehicle with no options. Cars are a 100% depreciating asset. No matter how much you pay, they end up as a rusting hulk of scrap iron in a bone yard somewhere. And the more you pay, the more expensive they are to repair and main...
by NibbanaBanana
Mon Mar 13, 2017 7:34 pm
Forum: Personal Finance (Not Investing)
Topic: Foreign Tax Paid Date in TurboTax
Replies: 4
Views: 206

Re: Foreign Tax Paid Date in TurboTax

fabdog wrote:for foreign tax withholding on mutual funds, I usually just use 12/31/xx


Thanks fabdog and kaneohe.
by NibbanaBanana
Mon Mar 13, 2017 6:34 pm
Forum: Personal Finance (Not Investing)
Topic: Foreign Tax Paid Date in TurboTax
Replies: 4
Views: 206

Foreign Tax Paid Date in TurboTax

I have paid foreign tax through both the STAR fund and the International High DIvidend Yield Index fund. I took the foreign tax credit in TurboTax. TurboTax seemed to accept everything. But when TT goes and reviews my return at the end before filing, it asks for the date the foreign taxes were paid....
by NibbanaBanana
Fri Mar 10, 2017 2:05 pm
Forum: Investing - Theory, News & General
Topic: How Bad was 2008, really?
Replies: 224
Views: 18243

Re: How Bad was 2008, really?

GE is now a $276 billion market cap company but is still not worth nearly what it was before the crisis. I seriously considered buying it under $10 but did not because it looked like bankruptcy was more likely than not at that point. I got it at $11 or $12 as I recall. Made some money on that one. ...
by NibbanaBanana
Wed Mar 08, 2017 5:05 pm
Forum: Personal Finance (Not Investing)
Topic: How Much in Your Emergency Fund And Is It Used?
Replies: 176
Views: 14550

Re: How Much in Your Emergency Fund And Is It Used?

About $50K and I'm constantly debating whether I should invest it and in what. I keep thinking it's a waste having it earn so little. Same. I think I'm going to buy an intermediate term bond fund with it instead of leaving in money market. By definition, an emergency would be a low probability even...
by NibbanaBanana
Wed Mar 08, 2017 8:51 am
Forum: Investing - Theory, News & General
Topic: What degree of stock market decline would tempt you to deviate from your AA?
Replies: 87
Views: 5739

Re: What degree of stock market decline would tempt you to deviate from your AA?

I'd probably DCA into progressively more value-y funds as the market dropped more. For instance, if I was 50/50 when the crash started and stocks dropped 40% and bonds increased 10%, I'd rebalance on the way down, then start averaging into VOO or something. If the market continued to drop to 50, 60...
by NibbanaBanana
Mon Mar 06, 2017 7:31 pm
Forum: Investing - Theory, News & General
Topic: The Ultimate Guide to Safe Withdrawal Rates: A 2000-2016 case study
Replies: 31
Views: 4292

Re: The Ultimate Guide to Safe Withdrawal Rates: A 2000-2016 case study

It's my understanding that the 4% rule is based on a 25%-75% stock allocation. Remainder bonds. And is based on historic bond returns. Now bond yields are at historic lows. Does this change anything? Does it worry anybody but me?
by NibbanaBanana
Sun Mar 05, 2017 4:47 pm
Forum: Investing - Theory, News & General
Topic: QE Questions [Quantitative Easing]
Replies: 2
Views: 275

QE Questions [Quantitative Easing]

Trying to understand the bond market a little before I get my feet wet. I read that QE was a FED (government) 1 trillion dollar bond buying program connected to the financial crisis. For someone not in the field of finance, this whole financial crisis is almost incomprehensible. 1. What bonds did th...
by NibbanaBanana
Sat Mar 04, 2017 1:32 pm
Forum: Investing - Theory, News & General
Topic: Does anyone own gold?
Replies: 114
Views: 8585

Re: Does anyone own gold?

I don't know about gold in particular, but it seems like technological advances keep reducing the cost of commodities in general. It just becomes easier and cheaper to extract natural resources. Farmers can grow more food per acre. On the other side of the trade, somebody has to have the money to bu...
by NibbanaBanana
Thu Mar 02, 2017 7:30 pm
Forum: Investing - Theory, News & General
Topic: Is This Inflation?
Replies: 4
Views: 501

Is This Inflation?

The governor says there's no inflation. However, over the past ten years I have observed the price of whole wheat flour to double. Just this week, a local supermarket raised the price of a four pound bag of Goya red beans from $6 to $7, and another raised the price of the same pink beans from $5 to ...
by NibbanaBanana
Thu Mar 02, 2017 8:57 am
Forum: Investing - Help with Personal Investments
Topic: Short Term Bond Fund Advice
Replies: 6
Views: 804

Short Term Bond Fund Advice

I have about 50K I want to invest for the next 10-12 months sitting in the Vanguard Prime Money Market Fund. I was thinking about moving it into either the Short Term Investment Grade Fund or the GNMA Fund. I will need this money but it wouldn't be the end of the world if I lost a couple K. That sai...
by NibbanaBanana
Tue Feb 28, 2017 6:00 pm
Forum: Investing - Theory, News & General
Topic: new study on Investor behavior being disconnected from financial theory and reality
Replies: 89
Views: 5564

Re: new study on Investor behavior being disconnected from financial theory and reality

I see it that way myself. Working for a fortune 500 company, there is no limit to the amount of RSU's and options upper management will take or be given. In fact lately, the shift has been reduce the troops RSU's and give to upper management. I view this as a way to force some return. Also what is ...
by NibbanaBanana
Tue Feb 28, 2017 8:29 am
Forum: Investing - Theory, News & General
Topic: Time to invest
Replies: 18
Views: 1954

Re: Time to invest

IIRC, it was Shelby Davis who when asked "When is the best time to invest?" made the incredibly brilliant reply, "Whenever you have the money. Because you don't know what the market's going to do." My personal system provides 100% predictability of the market: When I buy, the mar...
by NibbanaBanana
Mon Feb 27, 2017 7:30 pm
Forum: Personal Consumer Issues
Topic: Sellers disclosure form has sections not marked
Replies: 26
Views: 1899

Re: Sellers disclosure form has sections not marked

Walk. That's my advice. Walk. Buyers agent or sellers agent, they want the deal to close so they get their commission. And that's the bottom line. They work for themselves. I made a similar mistake and have been fixing things since.
by NibbanaBanana
Mon Feb 27, 2017 7:26 am
Forum: Investing - Theory, News & General
Topic: How reliable are forward PE ratios?
Replies: 20
Views: 1201

Re: How reliable are forward PE ratios?

Analysts are notoriously terrible at predicting earnings. Zero reliability.
by NibbanaBanana
Sun Feb 26, 2017 7:10 pm
Forum: Personal Consumer Issues
Topic: Backpackers- weight vs utility question
Replies: 42
Views: 2529

Re: Backpackers- weight vs utility question

I am working on my backpacking gear checklist trying to optimize weight, comfort and security. What items do you carry that are seldom on the ultralight hikers lists? About ten pounds of dog food for my lazy dogs who refuse to carry anything. And duct tape for their feet if they get sore. I have an...
by NibbanaBanana
Sun Feb 26, 2017 2:34 pm
Forum: Investing - Theory, News & General
Topic: new study on Investor behavior being disconnected from financial theory and reality
Replies: 89
Views: 5564

Re: new study on Investor behavior being disconnected from financial theory and reality

I have to agree with nedsaid. One thing that's nice about dividends is that, with a lot of companies, they provide a steady or increasing stream of income. Where the stock price is just pretty unpredictable. There are a lot of great companies out there that increased their dividends through the &quo...
by NibbanaBanana
Sun Feb 26, 2017 10:16 am
Forum: Investing - Theory, News & General
Topic: ProShares S&P 500 Dividend Aristocrats ETF - thoughts?
Replies: 32
Views: 2531

Re: ProShares S&P 500 Dividend Aristocrats ETF - thoughts?

I agree with everybody. Low cost, broad based index funds are the best. That said, I own most of the companies on that list as individual issues in my brokerage account. Most of them are really fabulous companies too. For example: The Gorman-Rupp company produced a system of 17 pumps for the army co...
by NibbanaBanana
Sun Feb 26, 2017 9:49 am
Forum: Investing - Help with Personal Investments
Topic: House as Temporary Pseudo-Proxy for Bonds
Replies: 37
Views: 1595

Re: House as Temporary Pseudo-Proxy for Bonds

I dont know why everyone here is focusing on relative asset returns in responding to this. Thats the small part of the picture. The big part is that a primary residence solves for the need for shelter, a need that persists no matter what you are invested in. A paid off house reduces the impact of s...
by NibbanaBanana
Sat Feb 25, 2017 11:42 am
Forum: Investing - Theory, News & General
Topic: new study on Investor behavior being disconnected from financial theory and reality
Replies: 89
Views: 5564

Re: new study on Investor behavior being disconnected from financial theory and reality

A business owner will take a draw from his business so that he and his family have something to live on. Is it so irrational that someone who owns stock would desire a return of a part of the profit in the form of cash? I think not. As an owner, I would rather take cash than see my managers make a ...
by NibbanaBanana
Fri Feb 24, 2017 1:49 pm
Forum: Investing - Theory, News & General
Topic: Extreme Valuations, and why you should reconsider
Replies: 307
Views: 20052

Re: Extreme Valuations, and why you should reconsider

Don't want to attempt to make a market forecast, especially in something that I don't know anything about. But is it correct to assume that we're not going to have another 30 year bull market in bonds going forward?
by NibbanaBanana
Fri Feb 24, 2017 1:38 pm
Forum: Personal Consumer Issues
Topic: At what point is a used car worth it
Replies: 27
Views: 2814

Re: At what point is a used car worth it

I would not trade in a car for a used or new one because I will drive it into the ground anyway. I only buy when my car stops running. But, I can handle car problems. :sharebeer I'm driving a 2006 Chevy Aveo right now with 210,000+ miles on it that I paid $9800 for new. Excellent car. Made me a lot...
by NibbanaBanana
Thu Feb 23, 2017 9:20 am
Forum: Investing - Theory, News & General
Topic: Market Run Ups - Now vs. Then
Replies: 88
Views: 5892

Re: Market Run Ups - Now vs. Then

This is nothing like the TMT bubble of 2000. At the risk of repeating myself: I was at the mathematics department weekly coffee hour and the only thing people were talking about was the stock market. One professor recommended buying USWeb. I asked him "what do they do?" He responded "...
by NibbanaBanana
Wed Feb 22, 2017 10:39 am
Forum: Investing - Theory, News & General
Topic: For people who think the market is going to crash, where along the continuum are we?
Replies: 117
Views: 10632

Re: For people who think the market is going to crash, where along the continuum are we?

OP, I believe that the market could crash any day and not recovered for 5 years. I am preparing for this. How about you? KlangFool 100% equities. unmarried. no obligations. government job. 12 years government pension. 2 years EF. 30 year till retirement. TomCat96, 1) So, if the market crashes and y...
by NibbanaBanana
Tue Feb 21, 2017 10:55 pm
Forum: Investing - Theory, News & General
Topic: For people who think the market is going to crash, where along the continuum are we?
Replies: 117
Views: 10632

Re: For people who think the market is going to crash, where along the continuum are we?

I don't get the point of this thread. Asking when the market is going to crash is like asking how long you will live. The market may be high historically, but it looks ahead. Taxes are expected to fall and the regulatory environment is expected to improve. Market pricing is factoring in all known i...
by NibbanaBanana
Tue Feb 21, 2017 10:35 pm
Forum: Investing - Theory, News & General
Topic: For people who think the market is going to crash, where along the continuum are we?
Replies: 117
Views: 10632

Re: For people who think the market is going to crash, where along the continuum are we?

"There is no euphoria. Half the media outlets are bombarding us with information that the market is going to fall. Everyday on investing.com, I read the comments by the speculators who have been shorting (and losing money) the SP500 futures since the election. Everyday zerohedge prints 2 or 3 a...
by NibbanaBanana
Tue Feb 21, 2017 7:34 pm
Forum: Investing - Theory, News & General
Topic: Extreme Valuations, and why you should reconsider
Replies: 307
Views: 20052

Re: Extreme Valuations, and why you should reconsider

OP, I'm glad you found an allocation you're comfortable with, and the best time to decide that you're taking more risk then you're comfortable with is when prices are hitting new highs. As far as tactical allocations though, it's ridiculous to believe investors as a group can 'sell high - buy low' ...
by NibbanaBanana
Tue Feb 21, 2017 8:48 am
Forum: Investing - Theory, News & General
Topic: Extreme Valuations, and why you should reconsider
Replies: 307
Views: 20052

Re: Extreme Valuations, and why you should reconsider

November 2010: Bubble, Crash, Bubble, Crash, Bubble... March 2011: Anatomy of a Bubble March 2012: A False Sense of Security November 2013: A Textbook Pre-Crash Bubble July 2014: Yes, This Is An Equity Bubble October 2015: Not The Time To Be Bubble-Tolerant October 2016: Sizing Up the Bubble If he k...

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