Search found 6074 matches

by Phineas J. Whoopee
Wed Apr 26, 2017 10:54 pm
Forum: Personal Finance (Not Investing)
Topic: Online real estate class-NYS
Replies: 1
Views: 159

Re: Online real estate class-NYS

I'm not qualified to respond per your criteria, but would like to weigh in and say the job you're talking about is, in essence, sales. If you feel like you can be a sales success then I'd say go for it, online real estate course or otherwise, but in my working life I've seen a lot of people inadvert...
by Phineas J. Whoopee
Wed Apr 26, 2017 8:36 pm
Forum: Investing - Help with Personal Investments
Topic: Very minor and possibly silly question about MMF exchange in tIRA
Replies: 14
Views: 405

Re: Very minor and possibly silly question about MMF exchange in tIRA

... Ok, so as long as the money is already in the account, it doesn't matter. But to my other point, can I contribute after-tax dollars to my tIRA? Googling leads me to think I can, but I'm not sure how mixing pre-tax and after-tax dollars could affect the account. You can, but depending on your si...
by Phineas J. Whoopee
Wed Apr 26, 2017 8:29 pm
Forum: Investing - Help with Personal Investments
Topic: Very minor and possibly silly question about MMF exchange in tIRA
Replies: 14
Views: 405

Re: Very minor and possibly silly question about MMF exchange in tIRA

Within your Traditional IRA you can exchange one asset for another without limit except as imposed by the IRA custodian. Buying a few fractional shares of a mutual fund shouldn't be a problem. There do exist IRA prohibited transactions by disqualified persons , but nothing you've mentioned comes wit...
by Phineas J. Whoopee
Wed Apr 26, 2017 8:18 pm
Forum: Investing - Theory, News & General
Topic: Re:NYT article - [Future of] Vanguard v. Everyone else
Replies: 5
Views: 1416

Re: Re:NYT article - [Future of] Vanguard v. Everyone else

Hi Changing, Your implied question comes up at least weekly, and sometimes more often. I suggest you use the search box in the upper right, the one with the gray Google... in it, to search for: what if everybody indexed After you've read a few threads, if you still have questions please don't hesita...
by Phineas J. Whoopee
Wed Apr 26, 2017 7:30 pm
Forum: Investing - Help with Personal Investments
Topic: Very minor and possibly silly question about MMF exchange in tIRA
Replies: 14
Views: 405

Re: Very minor and possibly silly question about MMF exchange in tIRA

Online I successfully invested all $0.64 in my Federal Money Market settlement fund, which was a little interest left over from a day or two between a sale and a partial Roth conversion, into Total Stock at Vanguard in my Traditional Rollover IRA. It isn't any sort of a big expected-return deal, but...
by Phineas J. Whoopee
Wed Apr 26, 2017 5:32 pm
Forum: Personal Finance (Not Investing)
Topic: Shouldn't one's "number" be indexed to the current PE ratio?
Replies: 20
Views: 1370

Re: Shouldn't one's "number" be indexed to the current PE ratio?

Hi myford.m.lseven. May I call you sev? :wink: My plan is based on wealth, not P/E ratio, but here's what I did and why , and a couple of years later I answered some questions about it . I offer it as an alternate way of looking at asset allocation and the concept of a "number." As I wrote...
by Phineas J. Whoopee
Wed Apr 26, 2017 2:43 pm
Forum: Investing - Help with Personal Investments
Topic: Bonds
Replies: 30
Views: 1769

Re: Bonds

Thanks patrick013, but I fail to see the relevance of your words to what I wrote or what I was responding to . OP referred specifically to the folly of using bonds in a Roth IRA, I correctly replied that properly considered it makes little to no difference, and provided a reference . Whether you per...
by Phineas J. Whoopee
Wed Apr 26, 2017 1:45 pm
Forum: Investing - Help with Personal Investments
Topic: Bonds
Replies: 30
Views: 1769

Re: Bonds

Tax-adjusted asset allocation . If you have questions after you've read it please don't hesitate to ask. I'd prefer to use an IRR worksheet. Have you done one ? The answers are a tad different , but more accurate . Internal Rate of Return is a good measure in many circumstances, but I'm afraid I ha...
by Phineas J. Whoopee
Wed Apr 26, 2017 11:21 am
Forum: Investing - Help with Personal Investments
Topic: Bonds
Replies: 30
Views: 1769

Re: Bonds

invstar wrote:
Bogle_Feet wrote:Rebalance into BND. Done.


Thanks PJW. Useful info.

Just to correct the record, you should thank Bogle_Feet for that one, not me.
PJW
by Phineas J. Whoopee
Tue Apr 25, 2017 11:14 pm
Forum: Investing - Help with Personal Investments
Topic: Bonds
Replies: 30
Views: 1769

Re: Bonds

Thank you all. Very valuable inputs... Patrick and midareff, I was aware of the fact that Roth is not a place for bonds but I was thinking too much about allocation and lost control on my mind :oops: .. thanks for your suggestions! :) Hi invstar, and welcome to the forum. When one takes the big pic...
by Phineas J. Whoopee
Tue Apr 25, 2017 2:27 am
Forum: Personal Consumer Issues
Topic: My Doctor says I am "unusual" (declining some blood tests)
Replies: 51
Views: 6614

Re: My Doctor says I am "unusual" (declining some blood tests)

I understand and have done the same in terms of refusing redundant tests. One stands out in particular; to wit (To what? To wit. Ah, to whit!): About a dozen years ago my foot hurt. It wasn't so bad I couldn't focus my mind on other things, but it did make itself known whenever I walked or stood, an...
by Phineas J. Whoopee
Mon Apr 24, 2017 7:48 pm
Forum: Investing - Theory, News & General
Topic: Are ER for mutual funds < ER for ETF?
Replies: 11
Views: 1091

Re: Are ER for mutual funds < ER for ETF?

If I recall correctly there are linking restrictions until after a person's tenth post.
PJW
by Phineas J. Whoopee
Mon Apr 24, 2017 7:07 pm
Forum: Investing - Theory, News & General
Topic: Is $20K I-Bonds considered cash or bond?
Replies: 58
Views: 3729

Re: Is $20K I-Bonds considered cash or bond?

... Isn't there a way on Treasury Direct to automatically renew maturing savings bond though? :wink: ... At the risk of misunderstanding your wink, no, at present there is no way to automatically roll over maturing savings bonds. Yes, at treasurydirect.gov there is a way to reinvest maturing market...
by Phineas J. Whoopee
Mon Apr 24, 2017 5:54 pm
Forum: Investing - Theory, News & General
Topic: Passive and Active, All the Time?
Replies: 15
Views: 1342

Re: Passive and Active, All the Time?

... You need to re-read PJW's reply - not only do there not need to have been any time where active funds (overall) beat passive funds it is mathematically impossible . ... Thanks avalpert. I'd like to embellish a little. It is mathematically possible, although unlikely due to their higher expenses...
by Phineas J. Whoopee
Sun Apr 23, 2017 8:08 pm
Forum: Investing - Theory, News & General
Topic: Is $20K I-Bonds considered cash or bond?
Replies: 58
Views: 3729

Re: Is $20K I-Bonds considered cash or bond?

Leif wrote:...
Webster defines cash as follows: Cash

1: ready money
2: money or its equivalent (as a check) paid for goods or services at the time of purchase or delivery

Argumentum ad dictionarium?
PJW
by Phineas J. Whoopee
Sun Apr 23, 2017 8:04 pm
Forum: Investing - Theory, News & General
Topic: Is $20K I-Bonds considered cash or bond?
Replies: 58
Views: 3729

Re: Is $20K I-Bonds considered cash or bond?

... I see that you unbolded the most important half of my criteria. Exactly what part of a thirty year Treasury Bond is principal protected . ... I'm not Doc, but the principal on all US Treasury securities is protected by the full faith and credit of the US government. The market value prior to ma...
by Phineas J. Whoopee
Sun Apr 23, 2017 7:14 pm
Forum: Investing - Theory, News & General
Topic: Passive and Active, All the Time?
Replies: 15
Views: 1342

Re: Passive and Active, All the Time?

... In posting this article in Barron's, I am interested in knowing if any experts agree/disagree with the observation that there have been periods in market history when active performed better than passive investing, what were those periods, and how does one find a listing of such historical retu...
by Phineas J. Whoopee
Sun Apr 23, 2017 4:50 pm
Forum: Investing - Help with Personal Investments
Topic: Rght Bond fund/s when interest rates rise?
Replies: 31
Views: 1932

Re: Rght Bond fund/s when interest rates rise?

Thanks patrick013. Fed schedule , then, means what you think the FOMC will do with the strictly-overnight Federal Funds Rate over the next several years? And because the bond market participants don't read the minutes and spreadsheets you do, and therefore won't account for it in the yield curve, in...
by Phineas J. Whoopee
Sun Apr 23, 2017 4:19 pm
Forum: Investing - Help with Personal Investments
Topic: Rght Bond fund/s when interest rates rise?
Replies: 31
Views: 1932

Re: Rght Bond fund/s when interest rates rise?

If the Fed performs it's schedule a 5 year bond outperforms a 10 year bond swapped after 5 years. Not used to so much doubt about that. I wouldn't go into long term however as the Fed schedule is really supposed to be more reliable than not. All the corporate financial managers watch that. What is ...
by Phineas J. Whoopee
Sun Apr 23, 2017 4:14 pm
Forum: Investing - Theory, News & General
Topic: Is $20K I-Bonds considered cash or bond?
Replies: 58
Views: 3729

Re: Is $20K I-Bonds considered cash or bond?

Hi Alto. Sometimes I think we get ourselves tied into knots over words. It's unavoidable in a forum such as this. If we want to communicate with each other, words are practically all we have. Rather than say bonds, I think it's useful to use the broader term fixed income , that is, money lent out at...
by Phineas J. Whoopee
Sun Apr 23, 2017 3:27 pm
Forum: Investing - Help with Personal Investments
Topic: Rght Bond fund/s when interest rates rise?
Replies: 31
Views: 1932

Re: Rght Bond fund/s when interest rates rise?

If the Fed performs it's schedule a 5 year bond outperforms a 10 year bond swapped after 5 years. Not used to so much doubt about that. I wouldn't go into long term however as the Fed schedule is really supposed to be more reliable than not. All the corporate financial managers watch that. What is ...
by Phineas J. Whoopee
Sun Apr 23, 2017 3:22 pm
Forum: Investing - Help with Personal Investments
Topic: Rght Bond fund/s when interest rates rise?
Replies: 31
Views: 1932

Re: Rght Bond fund/s when interest rates rise?

Since we have a Fed that is keeping interest rate increases small I am thinking that for the long term that Vanguard's Long Term Corporate Bond Fund could work out well. Obviously if the Fed cranked interest rates to 13 percent or so that Fund would be a disaster. I am not seeing the Fed doing that...
by Phineas J. Whoopee
Sun Apr 23, 2017 3:15 pm
Forum: Investing - Help with Personal Investments
Topic: Rght Bond fund/s when interest rates rise?
Replies: 31
Views: 1932

Re: Rght Bond fund/s when interest rates rise?

First of all, the reason you are holding bonds is they are counter-cyclic to stocks . ... They are not, at least not reliably. The financial press often tells the when stocks zig, bonds zag narrative, but it just ain't so. Here's a whole thread about it. If one's purpose for holding bonds is becaus...
by Phineas J. Whoopee
Sat Apr 22, 2017 7:08 pm
Forum: Investing - Help with Personal Investments
Topic: Explain TIPS funds
Replies: 2
Views: 500

Re: Explain TIPS funds

Yes. Typically, I don't know enough to say universally, a TIPS fund distributes both the coupons and the inflation adjustments as dividends. Note that if one's TIPS stake is going to keep up with inflation as it compounds, this means the part of the dividend that reflects realized inflation must be ...
by Phineas J. Whoopee
Fri Apr 21, 2017 9:20 pm
Forum: Investing - Theory, News & General
Topic: Index investing question
Replies: 22
Views: 1553

Re: Index investing question

Hi All - Looking at the trend, lots of people have found out the secret to Index investing. I believe I read somewhere near 50% of new money being added goes to either mf or etf index funds. 2 questions - first as this percentage increases and approaches some limit and we all own the market not try...
by Phineas J. Whoopee
Tue Apr 18, 2017 7:59 pm
Forum: Investing - Theory, News & General
Topic: How big a problem is the zero lower bound on interest rates?
Replies: 1
Views: 346

Re: How big a problem is the zero lower bound on interest rates?

None whatsoever, as long as we use real rates along with a small but noticeable level of inflation. At the widely-targeted 2%, investors who think less than zero is ridiculous and denies them their human dignity still can accept, say, 1.75% without feeling bad about it, and that's all we're talking ...
by Phineas J. Whoopee
Tue Apr 18, 2017 7:22 pm
Forum: Investing - Help with Personal Investments
Topic: why bond funds are sharply up today?
Replies: 13
Views: 2151

Re: why bond funds are sharply up today?

Could a factor be the increase in demand of bonds due to baby boomers seeking stable retirement ? Could this lead to a "bond bubble" over the next 20 years or does the bond market fix itself quickly? You mean that effect occurred today specifically, as OP asked, not gradually over time, a...
by Phineas J. Whoopee
Tue Apr 18, 2017 12:48 pm
Forum: Investing - Theory, News & General
Topic: Co-opting the phrase "Great Rotation"
Replies: 6
Views: 669

Re: Co-opting the phrase "Great Rotation"

Given that interest rates have been creeping upward lately, I see an increasing flow of cash from stocks to the safety of bonds as the year goes on... Wouldn't more investor pursuit of bonds be a headwind on yields? Of course somewhere there will come some equilibrium, lasting until the next trade,...
by Phineas J. Whoopee
Sun Apr 16, 2017 2:58 pm
Forum: Personal Consumer Issues
Topic: Anyone else decided not to finish med school?
Replies: 55
Views: 5876

Re: Anyone else decided not to finish med school?

If deciding early on not to pursue med school counts as not finishing it, then I qualify. I had the science and math. I do have graduate degrees. They're just not in medicine. I don't think every academic choice I made was an optimal one, viewed in retrospect, but I can't see myself as a physician, ...
by Phineas J. Whoopee
Sun Apr 16, 2017 2:37 pm
Forum: Investing - Help with Personal Investments
Topic: How much money do you need to generate $50,000 per month?
Replies: 60
Views: 7480

Re: How much money do you need to generate $50,000 per month?

delamer wrote:...
I don't have a margin account.

How do you hold a 105% portfolio, then? Certainly there are other methods.
PJW
by Phineas J. Whoopee
Sun Apr 16, 2017 2:29 pm
Forum: Investing - Help with Personal Investments
Topic: How much money do you need to generate $50,000 per month?
Replies: 60
Views: 7480

Re: How much money do you need to generate $50,000 per month?

delamer wrote:My taxable account is generating about 2.4% annually in interest/dividends/capital gains, with a 75/30 portflio.
...

Does the 2.4% account for your margin interest?
PJW
by Phineas J. Whoopee
Sun Apr 16, 2017 2:01 pm
Forum: Investing - Help with Personal Investments
Topic: How much money do you need to generate $50,000 per month?
Replies: 60
Views: 7480

Re: How much money do you need to generate $50,000 per month?

What is your friend's definition of the word generate, and why does s/he think at an income of $600,000 per year s/he will only pay an effective income tax rate of 20%?
PJW
by Phineas J. Whoopee
Sun Apr 16, 2017 1:29 pm
Forum: Personal Consumer Issues
Topic: Considering buying a new cell phone- ideas?
Replies: 20
Views: 1881

Re: Considering buying a new cell phone- ideas?

My smartphone needs are light, but I like my newish Moto G4 Play for $100 from Consumer Cellular. Somebody with different needs and resources might choose differently. I wouldn't like to carry anything larger in my pocket, no matter how well it might perform. My prior handset, a Samsung Rugby Smart,...
by Phineas J. Whoopee
Sun Apr 16, 2017 11:22 am
Forum: Personal Finance (Not Investing)
Topic: When need and want take different paths.......
Replies: 30
Views: 2255

Re: When need and want take different paths.......

... How happy are you allowed to make yourself? Do you say in the longer run it's financially inconsequential and just go do it? Bogleheads.org is not a high school. You're allowed to do as you please. Occasionally a poster will specify personal financial goals that are incompatible with h/er/is pl...
by Phineas J. Whoopee
Fri Apr 14, 2017 12:31 pm
Forum: Investing - Help with Personal Investments
Topic: Yet another Vanguard study on DCA vs Lump Sum
Replies: 55
Views: 3109

Re: Yet another Vanguard study on DCA vs Lump Sum

My view, which I've posted before, is if one's allocation is clearly wrong (including because of receiving a large amount of cash), and another is clearly better, it makes the most sense to go from clearly wrong to clearly better all at once, rather than spend still more time with a less-clearly wro...
by Phineas J. Whoopee
Thu Apr 13, 2017 12:00 pm
Forum: Investing - Theory, News & General
Topic: NBC News: First Pot-Focused Fund Lets Americans Legally Invest In Hot Biz
Replies: 13
Views: 1696

Re: NBC News: First Pot-Focused Fund Lets Americans Legally Invest In Hot Biz

The Canadian government is supposed to be introducing legislation tomorrow to legalize recreational marijuana. If it doesn't happen, expect to see the value of pot stocks take a hit. Reports indicate the prime minister and company did introduce the legislation today, so no hit (har dee har har) was...
by Phineas J. Whoopee
Wed Apr 12, 2017 6:04 pm
Forum: Personal Consumer Issues
Topic: Best way to expand my vocabulary?
Replies: 102
Views: 5220

Re: Best way to expand my vocabulary?

... Earnest Hemingway has never been known to use a word that might send the reader to the dictionary. I agree about Hemingway, but I hadn't realized we were talking about the difference between twenty five cent words and ten dollar words. The difference between the almost right word and the right ...
by Phineas J. Whoopee
Wed Apr 12, 2017 5:45 pm
Forum: Investing - Help with Personal Investments
Topic: Rebalancing question and which account
Replies: 2
Views: 149

Re: Rebalancing question and which account

At base your question boils down to a tax issue. Are any of the four accounts taxable, or are they all tax-advantaged (like 401(k), IRA, Roth IRA, and so forth)? If you sell appreciated shares in a taxable account you will incur income tax to the extent of the gains. If you can accomplish the rebala...
by Phineas J. Whoopee
Wed Apr 12, 2017 3:43 pm
Forum: Investing - Theory, News & General
Topic: NBC News: First Pot-Focused Fund Lets Americans Legally Invest In Hot Biz
Replies: 13
Views: 1696

Re: NBC News: First Pot-Focused Fund Lets Americans Legally Invest In Hot Biz

I don't quite get how a fund can be created around the pot industry. It is still classified as a controlled drug by the DEA and money made from it is technically gains from a criminal enterprise and subject to forfeiture. ... According to the part of the article I quoted it's organized in Canada. T...
by Phineas J. Whoopee
Wed Apr 12, 2017 3:08 pm
Forum: Investing - Theory, News & General
Topic: Payout [how funds use proceeds when a holding is acquired]
Replies: 9
Views: 834

Re: Payout [how funds use proceeds when a holding is acquired]

What we call the market price is an accounting convention. It's usually the most recent price at which the most eager seller and the most eager buyer transacted. Most potential buyers won't pay as much, and most potential sellers won't accept as little. I wrote about market dynamics here. The price-...
by Phineas J. Whoopee
Wed Apr 12, 2017 2:17 pm
Forum: Investing - Theory, News & General
Topic: The $90 Billion Investor Who’s Out to Fire Wall Street
Replies: 4
Views: 1740

Re: The $90 Billion Investor Who’s Out to Fire Wall Street

Lobster wrote:...
I'm still surprised how often wealthy individuals are sold on the premise that their investment management needs are 'different' because of their high net worth. The only difference is that the target on their backs is much larger.

Cue possibly-not Willie Sutton.
PJW
by Phineas J. Whoopee
Wed Apr 12, 2017 1:59 pm
Forum: Personal Finance (Not Investing)
Topic: Can I claim NYC Residency for Tax Year 2016?
Replies: 7
Views: 545

Re: Can I claim NYC Residency for Tax Year 2016?

Here are the rules for New York State and New York City residency for tax purposes. It was the very first hit on Google.
PJW
by Phineas J. Whoopee
Mon Apr 10, 2017 7:50 pm
Forum: Investing - Theory, News & General
Topic: NBC News: First Pot-Focused Fund Lets Americans Legally Invest In Hot Biz
Replies: 13
Views: 1696

NBC News: First Pot-Focused Fund Lets Americans Legally Invest In Hot Biz

I am not endorsing any such investment, and plan to remain a total-market indexer, but because the question of investing in legal marijuana businesses comes up here from time to time I'm posting this report: It's been difficult for Americans to legally invest in the world's booming marijuana busines...
by Phineas J. Whoopee
Mon Apr 10, 2017 3:42 pm
Forum: Investing - Help with Personal Investments
Topic: Website to compare corporate bonds?
Replies: 3
Views: 260

Re: Website to compare corporate bonds?

The answer to your question is the FINRA bond screener. For your situation I suggest using the advanced search a little down from the top of the page.
PJW
by Phineas J. Whoopee
Mon Apr 10, 2017 3:15 pm
Forum: Investing - Help with Personal Investments
Topic: Contribute Extra to Social Security?
Replies: 8
Views: 635

Re: Contribute Extra to Social Security?

Hi gettingsmarter, and welcome to the forum. The dollar amount of your Social Security tax is not normally something you can manipulate. You pay what you pay, which is 6.2% of your W2 income with your employer paying the same. Employers aren't fooled into thinking you don't cost 6.2% more to employ ...
by Phineas J. Whoopee
Sun Apr 09, 2017 12:10 pm
Forum: Investing - Theory, News & General
Topic: Lies, Damn Lies and Financial Statistics by Coy
Replies: 11
Views: 1900

Re: Lies, Damn Lies and Financial Statistics by Coy

I've always liked this term, and I think it's applicable here. The paper is a good read, too.

HARKing: Hypothesizing After the Results are Known.

PJW
by Phineas J. Whoopee
Sat Apr 08, 2017 2:19 pm
Forum: Personal Finance (Not Investing)
Topic: 10 Year Note Goes Up, Taxable Bonds Go Down "Except:"
Replies: 4
Views: 562

Re: 10 Year Note Goes Up, Taxable Bonds Go Down "Except:"

Not only do dissimilar types of bonds behave differently, the yield curve changes shape. It's routine. The idea that as interest rate[s](which ones?) go up bonds go down is good as a basic introduction, and better than nothing, but not useful for specific analysis. It's sort of like the physics 101 ...
by Phineas J. Whoopee
Sat Apr 08, 2017 1:53 pm
Forum: Personal Finance (Not Investing)
Topic: How to get out of ACA limbo situation?
Replies: 12
Views: 1053

Re: How to get out of ACA limbo situation?

... Can I, in fact, buy through CoveredCA without any advance subsidy or premium reduction and still claim the full subsidy when filing 2017 taxes? Are there any traps I need to watch out for doing this? Speaking broadly, with no specific expertise about California, yes as long as you buy a plan vi...

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