Search found 5103 matches

by Phineas J. Whoopee
Sat Aug 27, 2016 12:12 am
Forum: Investing - Theory, News & General
Topic: Adding Inflation Protection to a Portfolio
Replies: 14
Views: 1278

Re: Adding Inflation Protection to a Portfolio

I've been wanting to add some inflation protection to my portfolio in the form of either TIPS and/or I-bonds. Based on reading posts and articles, this is what I have gathered (at a high-level of detail): * TIPS (individual bonds) ** No interest rate risk if held to maturity Only if you pretend mar...
by Phineas J. Whoopee
Fri Aug 26, 2016 10:45 pm
Forum: Investing - Help with Personal Investments
Topic: Cash Flow Investments!
Replies: 8
Views: 733

Re: Cash Flow Investments!

Each investment dollar is the same as every other dollar, and neither knows nor cares whether you think of it as cash flow or capital. What difference does it make?
PJW
by Phineas J. Whoopee
Fri Aug 26, 2016 10:38 pm
Forum: Investing - Theory, News & General
Topic: Roth IRA question
Replies: 8
Views: 555

Re: Roth IRA question

To pay some income tax on a gain is to have some of it left. To avoid any gain to avoid any tax is perverse. The point isn't to avoid tax. It's to maximize after-tax value. The way the markets have been going recently , I wouldn't be surprised if there is a small loss (thus no tax owed). If there i...
by Phineas J. Whoopee
Fri Aug 26, 2016 10:10 pm
Forum: Investing - Theory, News & General
Topic: Roth IRA question
Replies: 8
Views: 555

Re: Roth IRA question

Thank you very much for that info. Should I pull it completely out of Vanguard or can I put it into the Money Market Fund? I'm most likely going to pull it out completely and into a savings account, but just wanted to know. Thanks again! Keeping in mind we're talking about $1,000, but also that we'...
by Phineas J. Whoopee
Fri Aug 26, 2016 8:28 pm
Forum: Investing - Theory, News & General
Topic: Roth IRA question
Replies: 8
Views: 555

Re: Roth IRA question

You have until 18 April 2017 to pull it out, along with any attributable earnings, ask the custodian how much because it's their job to keep track of such things, on which you'll owe a 10% excise tax in addition to any income tax, although in your case it sounds like the latter might be zero. Just d...
by Phineas J. Whoopee
Fri Aug 26, 2016 8:13 pm
Forum: Personal Finance (Not Investing)
Topic: Anyone else make this mistake? [include home as retirement income]
Replies: 34
Views: 3081

Re: Anyone else make this mistake? [include home as retirement income]

I too count all assets in net worth because, along with all liabilities, that's its definition. At present I'm a creditor. Debt today is zero. In terms of preparing for retirement, homeownership for me has been a major enabler. It's most of how I cut my fully-loaded living expenses by 40%, which is ...
by Phineas J. Whoopee
Fri Aug 26, 2016 5:19 pm
Forum: Investing - Help with Personal Investments
Topic: Need Retirement Fund Allocation Advice
Replies: 12
Views: 532

Re: Need Retirement Fund Allocation Advice

friar1610 wrote:Not clear to me why you wouldn't just use VG Total Stock Market Fund for the US equity portion instead of the 3 funds which essentially mirror it.

Inside OP's 401(k) it's understandable.
PJW
by Phineas J. Whoopee
Fri Aug 26, 2016 5:10 pm
Forum: Investing - Help with Personal Investments
Topic: Need Retirement Fund Allocation Advice
Replies: 12
Views: 532

Re: Need Retirement Fund Allocation Advice

Hi calm_guy, and welcome to the forum! With respect to the 70% in US stocks, you didn't say so explicitly but maybe you're trying to approximate the US market as a whole. If so, we have a wiki article that gives guidance: Approximating total stock market . For the three funds you list it says 81%, 4...
by Phineas J. Whoopee
Fri Aug 26, 2016 4:47 pm
Forum: Investing - Theory, News & General
Topic: What is the dividend yield of VWRD, 2% or nearly 3%?
Replies: 2
Views: 431

Re: What is the dividend yield of VWRD, 2% or nearly 3%?

Vanguard's page for its FTSE All-World UCITS ETF , VWRD, says 2.02% as of 31 July 2016, less than a month ago, but the distribution history shows it isn't a steady amount quarter by quarter. There may be a recurring annual pattern. I'd always go to Vanguard first for information on a Vanguard ETF. A...
by Phineas J. Whoopee
Thu Aug 25, 2016 10:35 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard discouraging investing with Prime MM
Replies: 10
Views: 1915

Re: Vanguard discouraging investing with Prime MM

The new regulation is probably a good thing. Money market mutual funds have been in a strange situation all along. They are providing something that looks and feels just like a high-interest-rate checking account, but are not subject to bank regulation and (currently) aren't backed by FDIC insuranc...
by Phineas J. Whoopee
Thu Aug 25, 2016 9:09 pm
Forum: Personal Consumer Issues
Topic: Should I replace my Samsung Galaxy S4?
Replies: 37
Views: 1726

Re: Should I replace my Samsung Galaxy S4?

If you need to replace the smartphone, which it doesn't sound like you do, maybe you could check out new, unopened, but discontinued models. Your unit is three years old. If you bought a replacement today, but it was a year out of date and therefore being sold cheap to clear costly warehouse space, ...
by Phineas J. Whoopee
Thu Aug 25, 2016 8:47 pm
Forum: Investing - Help with Personal Investments
Topic: "recordkeeping fee" - is this a lot?
Replies: 17
Views: 1446

Re: "recordkeeping fee" - is this a lot?

$27 / $5000 = .0054, or fifty four basis points, which is a lot, but from what you write it looks like it's flat from there. Whether it's important depends on any other costs, and the availability of low-ER investments in the plan, and whether you mean to get to a much higher account value. At $50,0...
by Phineas J. Whoopee
Thu Aug 25, 2016 8:26 pm
Forum: Personal Finance (Not Investing)
Topic: Is anyone using a free cell phone service provider?
Replies: 18
Views: 1871

Re: Is anyone using a free cell phone service provider?

Not sure what you mean by "free" cell phone providers unless you are referring to the national program for low-income people that started up several years ago ? The free phone and like 200 or 250 free minutes each month? ... The Lifeline program began in 1985 . In 2008 TracFone, the first...
by Phineas J. Whoopee
Wed Aug 24, 2016 3:23 pm
Forum: Personal Finance (Not Investing)
Topic: Early Withdrawals: 55 Rule and SEPP clarification
Replies: 8
Views: 629

Re: Early Withdrawals: 55 Rule and SEPP clarification

jjface wrote:...
See http://www.72t.net for a great resource for all things SEPP (72t)

It's a good site, but they have themselves set up so you can't click on a link and go there. If, however, you type 72t.net in your browser's address bar it works. I don't know why they do it that way, but there it is.
PJW
by Phineas J. Whoopee
Tue Aug 23, 2016 11:45 pm
Forum: Investing - Theory, News & General
Topic: P/E Ratio Question
Replies: 22
Views: 1626

Re: P/E Ratio Question

It closed at 676.53, and the S&P 500 is not denominated in dollars. P/E ratios are far from a single well-defined metric. One can pick and choose. The Emergency Economic Stabilization Act of 2008 gave the SEC the power to suspend FAS 157 , which only clarified preexistent mark-to-market account...
by Phineas J. Whoopee
Tue Aug 23, 2016 10:47 pm
Forum: Investing - Theory, News & General
Topic: Something better place to park my cash??
Replies: 16
Views: 2064

Re: Something better place to park my cash??

Could someone explain the Risk/Return differences between using either Vanguard Intermediate-Term Tax-Exempt Fund Admiral Shares (VWIUX) or Short-Term Investment-Grade Fund, Admiral Shares, VFSUX ... I'll give it a try. The first fund you list, at 4.7 year average duration, has more term risk than ...
by Phineas J. Whoopee
Tue Aug 23, 2016 10:06 pm
Forum: Investing - Theory, News & General
Topic: P/E Ratio Question
Replies: 22
Views: 1626

Re: P/E Ratio Question

GuitarXM wrote:I was talking about the average P/E ratio of sp500 index during the 2008 recession as an example.

Thanks for the clarification.
PJW
by Phineas J. Whoopee
Tue Aug 23, 2016 10:05 pm
Forum: Investing - Theory, News & General
Topic: TIPS - Did you give up?
Replies: 291
Views: 31998

Re: TIPS - Did you give up?

... I've heard that TIPS don't work very well when inflation rates are below 2% (I don't remember WHICH inflation rates), and am worried that we are about to be dragged into Japanese-style deflation for long time. I am sort of timing the market, but inflation/deflation cycles are slow enough that y...
by Phineas J. Whoopee
Tue Aug 23, 2016 9:24 pm
Forum: Investing - Theory, News & General
Topic: WSJ article 8/22- Seller’s Paradise: Companies Build Bonds for European Central Bank to Buy
Replies: 7
Views: 869

Re: WSJ article 8/22- Seller’s Paradise: Companies Build Bonds for European Central Bank to Buy

... so if they're doing that, the economy is. . .not doing well. But I know you're here to clarify that a recession is "two consecutive quarters of negative economic growth, as measured by the seasonal adjusted quarter-on-quarter figures for real GDP" =) ... No, it isn't necessarily that ...
by Phineas J. Whoopee
Tue Aug 23, 2016 9:20 pm
Forum: Investing - Theory, News & General
Topic: P/E Ratio Question
Replies: 22
Views: 1626

Re: P/E Ratio Question

Ok this may be a dumb question but during a recession I notice that the P/E ratios are high 100+ and it confused me a little. ... Do you mean some particular recession, or recessions in general? By any recession definition I know of , P/Es will not reliably be 100+. They won't reliably be anything ...
by Phineas J. Whoopee
Tue Aug 23, 2016 7:50 pm
Forum: Investing - Help with Personal Investments
Topic: Bond Choice / Stable Value in 401k
Replies: 20
Views: 1355

Re: Bond Choice / Stable Value in 401k

Hi Hogan773, and welcome to the forum! There are risks with Stable Value Funds, and only you can decide whether they're important to you in your situation, although we can help. The main one is illiquidity, the inability to sell your shares for money and move the resources to another investment. Sta...
by Phineas J. Whoopee
Tue Aug 23, 2016 6:16 pm
Forum: Investing - Theory, News & General
Topic: WSJ article 8/22- Seller’s Paradise: Companies Build Bonds for European Central Bank to Buy
Replies: 7
Views: 869

Re: WSJ article 8/22- Seller’s Paradise: Companies Build Bonds for European Central Bank to Buy

boglerdude wrote:The EU should be in recession, by definition, if they're printing money
...

I don't follow your reasoning, or your definition. Are you willing to elaborate? Thanks.
PJW
by Phineas J. Whoopee
Tue Aug 23, 2016 4:58 pm
Forum: Investing - Theory, News & General
Topic: Something better place to park my cash??
Replies: 16
Views: 2064

Re: Something better place to park my cash??

I don't really understand why , but I tried the Vanguard Short Term Bond fund for a short time last year and it reported dividends and capital gains about twice as much as the actual value increase -- I think my increased taxes must have eaten up almost all the gains or maybe even more. Hi, ReadyOr...
by Phineas J. Whoopee
Tue Aug 23, 2016 4:07 pm
Forum: Investing - Help with Personal Investments
Topic: TIPS ladder - Have experience?
Replies: 11
Views: 873

Re: TIPS ladder - Have experience?

... If so, interested in how you bought them. Direct at auction? From a broker? Any other details and thoughts on them. ... I don't meet the qualification to answer, but would like to add that as a noncompetitive bidder at the primary auction you can buy through most major brokers, including Vangua...
by Phineas J. Whoopee
Tue Aug 23, 2016 3:50 pm
Forum: Investing - Theory, News & General
Topic: WSJ article 8/22- Seller’s Paradise: Companies Build Bonds for European Central Bank to Buy
Replies: 7
Views: 869

Re: WSJ article 8/22- Seller’s Paradise: Companies Build Bonds for European Central Bank to Buy

... What percentage of the total bond market is "private placement" debt, and is this included in the standard indexes our funds track ? ... If by standard indexes you mean Barclays US Aggregate Index, which Vanguard's Total Bond Market Index Fund , VBMFX, tracks, specifically the float-a...
by Phineas J. Whoopee
Tue Aug 23, 2016 12:00 am
Forum: Investing - Theory, News & General
Topic: New sector classification for REITs
Replies: 15
Views: 1271

Re: New sector classification for REITs

... You're assuming the total market funds already hold real estate investment trusts proportional to their market share . Is this a valid assumption ??? Well, unclescrooge, yes, and it isn't even an assumption. That's precisely what total market funds do. They hold stocks, of which equity REITs ar...
by Phineas J. Whoopee
Mon Aug 22, 2016 11:47 pm
Forum: Investing - Theory, News & General
Topic: AI Traders?
Replies: 10
Views: 1002

Re: AI Traders?

This Bloomberg article talks about the rise of artificial intelligence in trading. Does this strike anyone as a paradigm shift? It's well documented that (edit) *most human traders don't beat the market, but what about un-emotional bug data crunching machines with the ability to learn? ... So, the ...
by Phineas J. Whoopee
Mon Aug 22, 2016 10:45 pm
Forum: Investing - Help with Personal Investments
Topic: CD vs Short Term Inv Grade Bond
Replies: 12
Views: 1598

Re: CD vs Short Term Inv Grade Bond

The 3.5% return is due to interest rates dropping. If you hold a bond fund with SEC yield of 1.53%, you will get roughly the 1.53% if interest rates stay the same. If interest rates drop, you will get a little more. If interest rates rise, you will get less. ... Your assertion doesn't take duration...
by Phineas J. Whoopee
Mon Aug 22, 2016 10:12 pm
Forum: Investing - Theory, News & General
Topic: TIPS - Did you give up?
Replies: 291
Views: 31998

Re: TIPS - Did you give up?

When I did my Bogle-no-no in Jan 2015 by selling all my target retirement funds and replacing them with roughly the same proportions of non-global funds, I also got rid of the TIPS portion. I'll be happy to buy in again if we stay out the global negative interest rate black hole. Just to help clari...
by Phineas J. Whoopee
Mon Aug 22, 2016 8:54 pm
Forum: Investing - Help with Personal Investments
Topic: Please help me choose between two refinance rates/pts
Replies: 12
Views: 750

Re: Please help me choose between two refinance rates/pts

The longer you intend to keep the loan the better the rate buydown looks. If paid off early, you'll have bought a lower rate with no long-term benefit. Now of course, as posted upthread, you may refinance again, but that will be its own decision later, whatever you do today. Because future rates are...
by Phineas J. Whoopee
Mon Aug 22, 2016 8:08 pm
Forum: Personal Consumer Issues
Topic: Please, please advise...Health insurance terminated by insurance company
Replies: 40
Views: 2414

Re: Please, please advise...Health insurance terminated by insurance company

I agree, strongly, that going to your state insurance commissioner is the very next step. Health insurance is still regulated by each state, even if purchased via healthcare.gov. The following is a practical suggestion, not a political comment, and I'm not expressing my own opinion about the Afforda...
by Phineas J. Whoopee
Mon Aug 22, 2016 7:42 pm
Forum: Personal Finance (Not Investing)
Topic: Being OK with sacrificing current enjoyment for future freedom?
Replies: 24
Views: 2083

Re: Being OK with sacrificing current enjoyment for future freedom?

When there were fruits, which wasn't all the time, I enjoyed some of them, to use your word, but my current enjoyment was impaired by my lack of current financial freedom. I made a final push and got there, but only by greatly reducing my fixed costs, and only if I keep them reduced. For me it's wor...
by Phineas J. Whoopee
Mon Aug 22, 2016 7:10 pm
Forum: Investing - Theory, News & General
Topic: New sector classification for REITs
Replies: 15
Views: 1271

Re: "The S&P 500's new sector (Real Estate) could be a really big deal" so says CNBC

... The move matters on a number of fronts, but in particular because portfolios will need to be rebalanced to account for the new group. Financials now will account for a smaller portion of the index, possibly triggering substantial reallocation of resources , while the new sector, and real estate...
by Phineas J. Whoopee
Mon Aug 22, 2016 6:24 pm
Forum: Investing - Theory, News & General
Topic: Asset allocations and sustainable withdrawal rates
Replies: 16
Views: 1279

Re: Asset allocations and sustainable withdrawal rates

There is no reason why equities couldn't crash 90% and stay there for several years. Portfolio depletion would quickly follow. 'Safe' withdrawal rate is a bad term as it is never 100% safe. Safe if future scenarios aren't as bad as the worst case in history. Always room for something worse than we ...
by Phineas J. Whoopee
Sun Aug 21, 2016 10:57 pm
Forum: Personal Consumer Issues
Topic: Best/safest/easiest way to send sensitive files to another person over the internet?
Replies: 40
Views: 2549

Re: Best/safest way to send sensitive files to another person over the internet?

Those are good, Epsilon Delta. You have a lot of experience. The only further experience I've had, beyond what you listed, and it's worked more than once, is Kobayashi Maru Scenario -Kirk-like formulation of a plan in which the intended recipient can successfully proceed without the sensitive inform...
by Phineas J. Whoopee
Sun Aug 21, 2016 10:17 pm
Forum: Investing - Theory, News & General
Topic: How do Bond Funds actually work?
Replies: 4
Views: 526

Re: How do Bond Funds actually work?

... More specifically, I am confused as to how much risk is in a fund such as the Vanguard Total Bond Fund ETF because the fund manager is buying and selling bonds before maturity (well this is an assumption-does this bond fund actively manage or do they buy and wait until maturity ?)? ... Typical ...
by Phineas J. Whoopee
Sun Aug 21, 2016 9:08 pm
Forum: Personal Finance (Not Investing)
Topic: Buying a house without a realtor, what's involved?
Replies: 26
Views: 2343

Re: Buying a house without a realtor, what's involved?

When I sold the home I bought for my daughter to live in while she was in college , the buyers lender handled most of the details. In fact they required me to use one of the two closing attorneys on their approved list . How did they go about requiring it? Did the buyer's lender write the contract ...
by Phineas J. Whoopee
Sun Aug 21, 2016 1:17 pm
Forum: Investing - Theory, News & General
Topic: Sequence of Returns Risk and Annuities -
Replies: 27
Views: 1830

Re: Sequence of Returns Risk and Annuities -

... Sorry - you may be referring "safe withdrawal rate (SWR)" in a wrongful way. Typical SWR assumes - preservation of the capital (and passing on to next generations/charity..upto your choice); But there is no capital to pass-down when an annuity ends. ... I don't think there's a formal ...
by Phineas J. Whoopee
Sun Aug 21, 2016 12:54 am
Forum: Personal Consumer Issues
Topic: How much do you spend on coffee/tea?
Replies: 58
Views: 2523

Re: How much do you spend on coffee/tea?

Very little for very good coffee. I use a Melitta cone I bought over 25 years ago. It has no moving parts to wear out. It's easy to clean. Now, may I caution anybody contemplating the purchase of such a tool to accept no substitutes. The cheap knock-off brands let the underbrewed coffee pour out too...
by Phineas J. Whoopee
Sat Aug 20, 2016 11:48 pm
Forum: Investing - Help with Personal Investments
Topic: Seemingly Too Good To Be True Investment Opportunity: Invest or Don't?
Replies: 85
Views: 6292

Re: Seemingly Too Good To Be True Investment Opportunity: Invest or Don't?

... I was hoping that the initial responses would force me to provide more information to paint a clearer picture of the circumstances, which is what occurred. I'm curious if you/everyone still feels the same way with this additional information. That's funny. I was hoping you originally provided e...
by Phineas J. Whoopee
Sat Aug 20, 2016 11:04 pm
Forum: Investing - Theory, News & General
Topic: Difference in Performance results between VG and M*
Replies: 9
Views: 675

Re: Difference in Performance results between VG and M*

For the five year interval, are they using the exact same start and end dates? PJW M* end date - 8/19, VG- 7/31. Don't think it will explain such difference I bet it will. Look it up. Small differences in start and end dates cause far more after-the-fact differences in performance than one might th...
by Phineas J. Whoopee
Sat Aug 20, 2016 10:39 pm
Forum: Investing - Theory, News & General
Topic: Difference in Performance results between VG and M*
Replies: 9
Views: 675

Re: Difference in Performance results between VG and M*

For the five year interval, are they using the exact same start and end dates?
PJW
by Phineas J. Whoopee
Sat Aug 20, 2016 10:32 pm
Forum: Investing - Help with Personal Investments
Topic: Seemingly Too Good To Be True Investment Opportunity: Invest or Don't?
Replies: 85
Views: 6292

Re: Seemingly Too Good To Be True Investment Opportunity: Invest or Don't?

If I were in the situation your friend claims I would borrow all I possibly could, roll it each month, and not share the business. Maybe I'd donate some of the returns - did he say unlimited profits, 6% x 12 months = 72% per year disregarding monthly compounding prior to paying you 40% of it, 29%, f...
by Phineas J. Whoopee
Sat Aug 20, 2016 7:41 pm
Forum: Investing - Theory, News & General
Topic: Why is Soros betting against the market (shorting SPY)?
Replies: 33
Views: 4740

Re: Why is Soros betting against the market (shorting SPY)?

tim1999 wrote:Don't get me started on this guy...

OK. I'll bite. Consider yourself to have been gotten started. What do you have to say that would be worse than hinting then leaving it to our imaginations?
PJW
by Phineas J. Whoopee
Fri Aug 19, 2016 8:10 pm
Forum: Investing - Theory, News & General
Topic: Dividends - What's the point?
Replies: 12
Views: 2439

Re: Dividends - What's the point?

... What's the point of buying dividend funds? As you correctly note, the immediate context of receiving a dividend doesn't increase one's wealth, but only changes the form of part of it and, outside of tax-advantaged accounts, creates a taxable event which, without the payout, would not have exist...
by Phineas J. Whoopee
Fri Aug 19, 2016 5:54 pm
Forum: Investing - Theory, News & General
Topic: Flash Boys Follow Up: IEX Exchange Goes Live
Replies: 7
Views: 970

Re: Flash Boys Follow Up: IEX Exchange Goes Live

... (side question: Even in the case of front-running, I understand front-running even when done is unethical, but is it illegal ? And if not, should it be? I can't imagine broker-dealers throughout history could ever truly separate their operations for customers and for themselves.) The article yo...
by Phineas J. Whoopee
Fri Aug 19, 2016 1:56 pm
Forum: Investing - Theory, News & General
Topic: Flash Boys Follow Up: IEX Exchange Goes Live
Replies: 7
Views: 970

Flash Boys Follow Up: IEX Exchange Goes Live

Live today, according to Reuters: IEX Group, the upstart trading venue featured in Michael Lewis's book "Flash Boys: A Wall Street Revolt," began operations as a public stock exchange on Friday after more than 2-1/2 years as an off-exchange trading platform. ... Between this news, and Reut...
by Phineas J. Whoopee
Fri Aug 19, 2016 11:59 am
Forum: Personal Consumer Issues
Topic: Blocking robot calls.
Replies: 51
Views: 3654

Re: Blocking robot calls.

Phineas J. Whoopee wrote:I read a news story, recently, about a new joint initiative on the part of several companies to provide telecom-vendor blocking of auto-dialed calls, but I've searched and just can't find it. Maybe it was a beautiful dream one night?
...

It appears I was awake.
PJW
by Phineas J. Whoopee
Thu Aug 18, 2016 8:59 pm
Forum: Personal Finance (Not Investing)
Topic: How do you handle ATM access with checking accounts?
Replies: 21
Views: 1033

Re: How do you handle ATM access with checking accounts?

I share your general concern, and will share my actions in response. Maybe I go overboard. I prefer it to being keelhauled. Like others, and you, where reasonably possible I use a credit card, for convenience, cash rebates, and consumer protections. That said, in my urban neighborhood many small bus...

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