Search found 4908 matches

by Phineas J. Whoopee
Thu Jul 28, 2016 4:55 pm
Forum: Investing - Theory, News & General
Topic: "These 5 'Old-Fangled' Investment Options May Do Just As Well as Newer Alternatives"
Replies: 3
Views: 629

Re: "These 5 'Old-Fangled' Investment Options May Do Just As Well as Newer Alternatives"

Morningstar has published a new article by its Director of Personal Finance, Christine Benz. These are quotes: Vanguard's ETFs, meanwhile, are designed as share classes of the traditional index mutual funds; that setup allows the index funds to be especially tax-efficient because the ETFs can flush...
by Phineas J. Whoopee
Wed Jul 27, 2016 3:52 pm
Forum: Investing - Theory, News & General
Topic: Two-factor authentication via text messaging
Replies: 18
Views: 1703

Re: Two-factor authentication via text messaging

... Is it fair to conclude that if I use a Yubikey as my method of 2 factor authentication with Google , that no one could access my Google account if they did not have the device? With respect to Google which supports Yubikey , as Epsilon Delta wrote not without computing things we don't mathemati...
by Phineas J. Whoopee
Wed Jul 27, 2016 3:46 pm
Forum: Personal Finance (Not Investing)
Topic: All eggs in one online basket - worried?
Replies: 18
Views: 2216

Re: All eggs in one online basket - worried?

Some people would say I go overboard. Also, here's what I do about what you asked: 1) I don't worry about concentration of substantial assets, although right now they're in three places for logistical reasons. In a few years I expect those reasons to fade away and I'll likely consolidate all except ...
by Phineas J. Whoopee
Wed Jul 27, 2016 2:09 pm
Forum: Investing - Theory, News & General
Topic: Two-factor authentication via text messaging
Replies: 18
Views: 1703

Re: Two-factor authentication via text messaging

The article is about a public preview draft guideline from the National Institute of Standards and Technology (NIST). It does point out weaknesses in the use of SMS for two-factor authentication. The draft recommendation is that federal agencies not use SMS in any new systems, because later, as larg...
by Phineas J. Whoopee
Wed Jul 27, 2016 1:52 pm
Forum: Investing - Theory, News & General
Topic: How Do "Short" ETFs Work?
Replies: 6
Views: 546

Re: How Do "Short" ETFs Work?

lack_ey wrote:
Phineas J. Whoopee wrote:Derivatives, purchased and sold each day. That's why they only achieve their objectives over periods of one day or less. They say that upfront.
...

The question was about the APs, not the fund itself.
...

Good point. Thanks.
PJW
by Phineas J. Whoopee
Tue Jul 26, 2016 2:56 pm
Forum: Investing - Theory, News & General
Topic: How Do "Short" ETFs Work?
Replies: 6
Views: 546

Re: How Do "Short" ETFs Work?

Derivatives, purchased and sold each day. That's why they only achieve their objectives over periods of one day or less. They say that upfront.

Here's the wiki article on them.

PJW
by Phineas J. Whoopee
Mon Jul 25, 2016 11:51 pm
Forum: Investing - Theory, News & General
Topic: The Fortitude Required of a Buy-and-Hold Equity Investor
Replies: 37
Views: 2239

Re: The Fortitude Required of a Buy-and-Hold Equity Investor

... So is now the time to buy bonds? :wink: If you have determined a long-term asset allocation suitable for yourself and your family's future, now is the time to implement it, yes. If you haven't, now is the time to work on determining what it should be. Avoid false precision. As an engineer you k...
by Phineas J. Whoopee
Mon Jul 25, 2016 11:48 pm
Forum: Investing - Help with Personal Investments
Topic: Selling MF with monthly dividend near end of month
Replies: 17
Views: 860

Re: Selling MF with monthly dividend near end of month

... The OP stated that the funds in question are bond funds that pay dividends monthly. Therefore, the accrued dividends are not reflected in the NAV, so (as best I understand) there is no benefit to waiting. Vanguard's Total International Bond Index Fund , VTIBX, and Emerging Markets Government Bo...
by Phineas J. Whoopee
Mon Jul 25, 2016 11:06 pm
Forum: Investing - Theory, News & General
Topic: The Fortitude Required of a Buy-and-Hold Equity Investor
Replies: 37
Views: 2239

Re: The Fortitude Required of a Buy-and-Hold Equity Investor

... Also I notice every thread about bonds lately seems to be telling people it's too late and now is not the time to buy into bonds with the expectation rates might go up. So just when I am trying to get more info about bonds everyone is telling me to stay away :P It's only the posters who misunde...
by Phineas J. Whoopee
Mon Jul 25, 2016 8:38 pm
Forum: Investing - Theory, News & General
Topic: The Fortitude Required of a Buy-and-Hold Equity Investor
Replies: 37
Views: 2239

Re: The Fortitude Required of a Buy-and-Hold Equity Investor

Intuitively, you know AGE is not THE ANSWER. The correct answer is the PORTFOLIO size in term of annual expense and / or annual saving. ... While you bring up good points, I disagree that age is not the answer. Or that using my age to determine my risk is somehow market timing. What do all the targ...
by Phineas J. Whoopee
Mon Jul 25, 2016 7:40 pm
Forum: Investing - Help with Personal Investments
Topic: Does buying international stock index make me a "market-timer'?
Replies: 13
Views: 1325

Re: Does buying international stock index make me a "market-timer'?

... I guess the distinction is that I'm sitting on the last 25% of the xfer'd ML portfolio. It's not like I want to keep lots of cash on hand, or keep changing the plan all the time :-) ... If I may, that's a fairly common sentiment, but it's a distinction without a difference. Given the lateness o...
by Phineas J. Whoopee
Mon Jul 25, 2016 7:30 pm
Forum: Investing - Theory, News & General
Topic: The Fortitude Required of a Buy-and-Hold Equity Investor
Replies: 37
Views: 2239

Re: The Fortitude Required of a Buy-and-Hold Equity Investor

... Simplegift started by talking about this with regards to beginning investors. It's not a scare tactic to say a 100% gain is needed to wipe out a 50% loss. It's simply math they may not be aware of ... Let x = a/b x/2 = (a/b)/2 What's hard? We can differ in opinion, but all the contexts I've com...
by Phineas J. Whoopee
Mon Jul 25, 2016 6:20 pm
Forum: Investing - Help with Personal Investments
Topic: Selling MF with monthly dividend near end of month
Replies: 17
Views: 860

Re: Selling MF with monthly dividend near end of month

All of the funds you list do not include accrued interest (shout out to alex_686) in their net asset values, therefore before or after makes no difference. Sell the ones in taxable and she'll receive the pro-rata interest through the sale date. PJW Agreed but she should receive pro-rata interest th...
by Phineas J. Whoopee
Mon Jul 25, 2016 6:06 pm
Forum: Investing - Theory, News & General
Topic: REITs being given sub-sector in S&P
Replies: 5
Views: 1083

Re: REITs being given sub-sector in S&P

... Now, the S&P 500, also cap-weighted, is based on S&P's judgement of what companies deserve to be considered "leading companies in leading industries" and it's unlikely that a sector classification change by Dow Jones (!) would change that judgement. ... Hi nisi, I agree with y...
by Phineas J. Whoopee
Sun Jul 24, 2016 11:50 pm
Forum: Investing - Help with Personal Investments
Topic: Does buying international stock index make me a "market-timer'?
Replies: 13
Views: 1325

Re: Does buying international stock index make me a "market-timer'?

... In my gut, I do feel the USA stocks will fall (perhaps based on the presidential election). I know I'm not supposed to attempt to predict the market. ... Without addressing the question you actually asked, let me say one of the worst ways to express one's political opinion is via one's portfoli...
by Phineas J. Whoopee
Sun Jul 24, 2016 10:00 pm
Forum: Investing - Theory, News & General
Topic: Help Me Understand: Why Shouldn't AA Be 100% Stocks During Accumulation Phase?
Replies: 178
Views: 8926

Re: Help Me Understand: Why Shouldn't AA Be 100% Stocks During Accumulation Phase?

... I read an article many years ago that said the problem with the whole age-based formulas were they got you into bonds too early and got you out of stocks too late. ... Fortunately for all of us, except those paying attention their money to the croupiers, they aren't formulas at all. They're rou...
by Phineas J. Whoopee
Sun Jul 24, 2016 9:51 pm
Forum: Investing - Help with Personal Investments
Topic: Fidelity Mutual Funds [choosing based on past performance]
Replies: 21
Views: 1198

Re: Fidelity Mutual Funds [choosing based on past performance]

So for you investing 100K and getting less than 0% in return on 2 years is perfectly fine? Don't you think somewhere the funds that they are picking may not be the right ones? Two years is nowhere nearly long enough to gauge an active fund's stock market investing success. Looking at what has done ...
by Phineas J. Whoopee
Sun Jul 24, 2016 9:41 pm
Forum: Investing - Help with Personal Investments
Topic: Fidelity Mutual Funds [choosing based on past performance]
Replies: 21
Views: 1198

Re: Fidelity Mutual Funds [choosing based on past performance]

Having worked in large Fortune 500 companies where we strived to be highly profitable and hence have appealing stocks to buy . It's always been disconcerting to me to see that a "buying the market" strategy is just as good as targeting highly succesful, profitable companies. Don't the oth...
by Phineas J. Whoopee
Sun Jul 24, 2016 8:44 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard Recommendations [getting started with funds]
Replies: 13
Views: 1137

Re: Vanguard Recommendations [getting started with funds]

Hi gracem, and welcome to the forum! lgs88 is right to say we can give much better advice if you post in our asking portfolio questions format, as linked and repeated here for convenience. For a broader view upfront, you may wish to read our wiki article Three Fund Portfolio . Even if you eventually...
by Phineas J. Whoopee
Sun Jul 24, 2016 7:45 pm
Forum: Investing - Help with Personal Investments
Topic: Selling MF with monthly dividend near end of month
Replies: 17
Views: 860

Re: Selling MF with monthly dividend near end of month

... The OP stated that the funds in question are bond funds that pay dividends monthly. Therefore, the accrued dividends are not reflected in the NAV, so (as best I understand) there is no benefit to waiting. Vanguard's Total International Bond Index Fund , VTIBX, and Emerging Markets Government Bo...
by Phineas J. Whoopee
Sun Jul 24, 2016 7:31 pm
Forum: Investing - Help with Personal Investments
Topic: convert mutual fund to index fund
Replies: 29
Views: 1970

Re: convert mutual fund to index fund

Please forgive me if I failed to follow your reasoning.
PJW
by Phineas J. Whoopee
Sun Jul 24, 2016 7:29 pm
Forum: Investing - Help with Personal Investments
Topic: Selling MF with monthly dividend near end of month
Replies: 17
Views: 860

Re: Selling MF with monthly dividend near end of month

All of the funds you list do not include accrued interest (shout out to alex_686) in their net asset values, therefore before or after makes no difference. Sell the ones in taxable and she'll receive the pro-rata interest through the sale date.
PJW
by Phineas J. Whoopee
Sun Jul 24, 2016 7:22 pm
Forum: Investing - Help with Personal Investments
Topic: convert mutual fund to index fund
Replies: 29
Views: 1970

Re: convert mutual fund to index fund

Has the 1.4% annual expense disappeared between this afternoon and this evening? Has something else happened between then and now to cause you to ignore it?
PJW
by Phineas J. Whoopee
Sun Jul 24, 2016 7:18 pm
Forum: Investing - Help with Personal Investments
Topic: Selling MF with monthly dividend near end of month
Replies: 17
Views: 860

Re: Selling MF with monthly dividend near end of month

Can you remind us of whether the funds are in a tax-advantaged account or not? If so, it makes no difference. If not, there may be a small tax advantage to be had by selling them before the ex-dividend date, depending on what kind of funds they are, bond or otherwise. Can you remind us of what kind ...
by Phineas J. Whoopee
Sun Jul 24, 2016 5:40 pm
Forum: Investing - Help with Personal Investments
Topic: Bonds at an historic high; time to get out?
Replies: 37
Views: 3257

Re: Bonds at an historic high; time to get out?

... I'm looking for a temporary place to hold some of my traditional IRA assets that I plan to convert to Roth later this year and some more next year. My normal retirement investments are 100% equities. ... Once it's in the Roth it will go back into equities. I'm not lack_ey, but what you're sugge...
by Phineas J. Whoopee
Sat Jul 23, 2016 11:16 pm
Forum: Investing - Help with Personal Investments
Topic: Bonds at an historic high; time to get out?
Replies: 37
Views: 3257

Re: Bonds at an historic high; time to get out?

Common wisdom here would say intermediate-term bonds are better for most individual investors than long-term, but the emphasis is on most . Let's set aside most . Why did you decide to use long-term funds in the first place? In what way did they improve your overall portfolio? Now you've answered th...
by Phineas J. Whoopee
Sat Jul 23, 2016 10:01 pm
Forum: Investing - Help with Personal Investments
Topic: Bonds at an historic high; time to get out?
Replies: 37
Views: 3257

Re: Bonds at an historic high; time to get out?

I don't know where those inflation figures came from, but they are off (sometimes quite a bit) from Shiller's data relative to January of each year. Try the BLS's table 24 Historical Consumer Price Index for All Urban Consumers (CPI-U): U. S. city average, all items-Continued , December to December...
by Phineas J. Whoopee
Sat Jul 23, 2016 7:55 pm
Forum: Investing - Help with Personal Investments
Topic: Mutual Fund Portfolio - 1st time Investor questions
Replies: 7
Views: 539

Re: Mutual Fund Portfolio - 1st time Investor questions

... To me international stock index fund does not seem worth considering its poor historical returns (though not sure how much return considered as good in this case). Also I'm a little not comfortable put my money offshore. I know it can provide a little more diversified portfolio, but if I avoid ...
by Phineas J. Whoopee
Sat Jul 23, 2016 6:35 pm
Forum: Investing - Help with Personal Investments
Topic: Bonds at an historic high; time to get out?
Replies: 37
Views: 3257

Re: Bonds at an historic high; time to get out?

Although we tend to write the word bonds, really we mean fixed income , which is a broader category. CDs are part of fixed income, and although some would dispute it on definitional grounds, I say savings account deposits are too. The contest is over whether zero-duration fixed income, which rolls o...
by Phineas J. Whoopee
Sat Jul 23, 2016 5:52 pm
Forum: Investing - Theory, News & General
Topic: Forecasting Health Insurance
Replies: 12
Views: 1050

Re: Forecasting Health Insurance

If the US is #37, why do rich people from countries ranked higher come to America for their medical care? America is 37 based on availability and cost and it's ranking has little to do with quality for those who can afford it. I'm not saying that the US can't improve, it obviously can, but the #37 ...
by Phineas J. Whoopee
Sat Jul 23, 2016 1:08 pm
Forum: Investing - Help with Personal Investments
Topic: Cooperative housing development
Replies: 3
Views: 266

Re: Cooperative housing development

I don't know if it applies to the co-op in question, but many others are very reluctant to pay off a mortgage, and especially so when they're largely inhabited by older people. They may take a 5- or 10-year loan with a 30-year amortization schedule, then refinance when the term ends, effectively pay...
by Phineas J. Whoopee
Sat Jul 23, 2016 12:16 pm
Forum: Personal Finance (Not Investing)
Topic: Some TIPs Advice, Please
Replies: 10
Views: 822

Re: Some TIPs Advice, Please

... If investing significantly in TIPS I don't think short TIPS make any sense either. If you do feel that something should be committed to TIPS I would probably opt for an intermediate TIPS fund or a renewing ladder of ten year TIPS. Is that because of the higher expected real returns, which come ...
by Phineas J. Whoopee
Fri Jul 22, 2016 10:54 pm
Forum: Personal Consumer Issues
Topic: Very strange discovery on Google [use tracking/privacy]
Replies: 23
Views: 3552

Re: Very strange discovery on Google

Your reasoning seems valid, yet the outcome is not what you conclude. That means one or more of your assumptions, especially about what some internet company can and can't see and do, must be incorrect.
PJW
by Phineas J. Whoopee
Fri Jul 22, 2016 10:28 pm
Forum: Personal Consumer Issues
Topic: Very strange discovery on Google [use tracking/privacy]
Replies: 23
Views: 3552

Re: Very strange discovery on Google

You can tell Google to delete your activity , but it's much harder to get them not to notice things in the first place, and not to put two and two together. When you log in to gmail, do you tell it not to keep you logged in, and do you log out right away after you've checked your email? Do you use t...
by Phineas J. Whoopee
Fri Jul 22, 2016 10:11 pm
Forum: Investing - Theory, News & General
Topic: Is buy low, sell high the same as market timing?
Replies: 29
Views: 1869

Re: Is buy low, sell high the same as market timing?

I have an inclination towards buying things cheap when possible. For example, over the past several years I bought several rental properties at the Sheriff's sale for about 60 cents on the dollar . I also sold some properties in 2006 when they were obviously substantially overpriced relative to the...
by Phineas J. Whoopee
Fri Jul 22, 2016 9:01 pm
Forum: Investing - Theory, News & General
Topic: U.S. Stock Market Increasingly Detached from U.S. Economy
Replies: 19
Views: 2424

Re: U.S. Stock Market Increasingly Detached from U.S. Economy

... What are some implications for investors? Those wishing to increase their exposure to the U.S. economy may want to focus more on small and mid-cap stocks or REITs (with less overseas revenue exposure), rather than the broad market indexes. For all investors, it’s worth keeping in mind that chan...
by Phineas J. Whoopee
Fri Jul 22, 2016 7:11 pm
Forum: Investing - Help with Personal Investments
Topic: Div Reinvest Mutual Funds - How/When Make Profit
Replies: 13
Views: 978

Re: Div Reinvest Mutual Funds - How/When Make Profit

Hi Vangarder, What you're asking about seems like Total Return , which is the right measure of how much one gets from a portfolio (even if the number is negative). Total return includes all aspects of return: distributions from a fund; dividends; interest; any other cash flows; and price changes. Ye...
by Phineas J. Whoopee
Fri Jul 22, 2016 6:05 pm
Forum: Investing - Help with Personal Investments
Topic: How best to take advantage of 'Guaranteed Return" ?
Replies: 16
Views: 1628

Re: How best to use our "Guaranteed Return" account?

What you have reads like a very complex insurance contract. Can you give us any more details about it?
PJW
by Phineas J. Whoopee
Fri Jul 22, 2016 5:59 pm
Forum: Investing - Theory, News & General
Topic: Forecasting Health Insurance
Replies: 12
Views: 1050

Re: Forecasting Health Insurance

[OT comment removed by moderator prudent] Our nation has by far the highest annual premiums yet ranks around 37th in quality of care. What is the criteria for "quality of care"? Does anyone think UK, Canada, etc. has better healthcare. Now if you said "affordable and available to eve...
by Phineas J. Whoopee
Fri Jul 22, 2016 5:45 pm
Forum: Personal Consumer Issues
Topic: LED lights or bulbs
Replies: 21
Views: 2087

Re: LED lights or bulbs

... I've been replacing my CFLs as they burn out, but that's partly because the LEDs keep getting better, creating an incentive to wait. At some point this starts running into the sunk cost fallacy. If the extra enjoyment you get from a better bulb is more than the cost of buying the bulb, what doe...
by Phineas J. Whoopee
Fri Jul 22, 2016 5:24 pm
Forum: Investing - Help with Personal Investments
Topic: Div Reinvest Mutual Funds - How/When Make Profit
Replies: 13
Views: 978

Re: Div Reinvest Mutual Funds - How/When Make Profit

Instead of a mutual fund, let us look at a simple bond. It has a par value of $10 and pays a $.25 coupon once a year. So, on January 1st it is worth $10. Over the course of a year it slowly increases in value. On December 31st it is worth $10.25. At midnight it goes ex-div. On Jan 1 it pays it's $....
by Phineas J. Whoopee
Fri Jul 22, 2016 4:53 pm
Forum: Investing - Theory, News & General
Topic: Forecasting Health Insurance
Replies: 12
Views: 1050

Re: Forecasting Health Insurance

TylerDavis wrote:...
Yes Obamacare was mainly targeted at increasing coverage for the uninsured, which it largely did. It did little or nothing to address costs.
...

While we might agree or disagree about the success of the measures, the Affordable Care Act includes many cost-containment provisions.
PJW
by Phineas J. Whoopee
Fri Jul 22, 2016 4:40 pm
Forum: Investing - Theory, News & General
Topic: Recession post-election?
Replies: 40
Views: 2785

Re: Recession post-election?

Just reading some articles saying no matter who wins the election America is "probably" heading towards a recession post-election. We're definitely heading for a recession some time after 8 November. We might even have one before then. It may have already started. Maybe not. Recessions in...
by Phineas J. Whoopee
Fri Jul 22, 2016 12:19 am
Forum: Investing - Theory, News & General
Topic: in a digital world, why does "cash" have a storage cost?
Replies: 22
Views: 1455

Re: in a digital world, why does "cash" have a storage cost?

whodidntante wrote:The bits rot and must be replaced occasionally by younger, fresher bits. This is the basis for most economic activity.

Is that a parity parody?
PJW
by Phineas J. Whoopee
Thu Jul 21, 2016 11:09 pm
Forum: Personal Consumer Issues
Topic: Higher deductible on Homeowner policy?
Replies: 11
Views: 709

Re: Higher deductible on Homeowner policy?

Conventionally, if you can easily absorb a loss yourself there's no good reason to pay somebody else to do it for you. Since you have multiple homes on which to buy insurance, one should hope you can pay $2,500 out of ordinary cash flows, should occasion arise.
PJW
by Phineas J. Whoopee
Thu Jul 21, 2016 10:30 pm
Forum: Investing - Theory, News & General
Topic: in a digital world, why does "cash" have a storage cost?
Replies: 22
Views: 1455

Re: in a digital world, why does "cash" have a storage cost?

... By the way, what is money? There are 2 schools of thought. One is that money has (or should) a inherent value. This tends to be the position of gold bugs. It is on the decline. The other theory is that money is just a special kind of debt. This is the dominate view. I'm afraid that view isn't s...
by Phineas J. Whoopee
Thu Jul 21, 2016 9:46 pm
Forum: Personal Consumer Issues
Topic: Should I spend 5k annually on travel?
Replies: 59
Views: 4432

Re: Should I spend 5k annually on travel?

Kayyy123 wrote:...
Our parents are getting close to 70 and have some joint problems.
...

Perhaps they should visit Colorado?
PJW
by Phineas J. Whoopee
Thu Jul 21, 2016 9:44 pm
Forum: Personal Consumer Issues
Topic: Should I spend 5k annually on travel?
Replies: 59
Views: 4432

Re: Should I spend 5k annually on travel?

$5,000 / $192,000 = 0.026.

Why bother asking?

PJW
by Phineas J. Whoopee
Thu Jul 21, 2016 8:19 pm
Forum: Personal Finance (Not Investing)
Topic: Are graduate certificates beneficial for work or employment?
Replies: 6
Views: 839

Re: Are graduate certificates beneficial for work or employment?

Here's my take on post-secondary education of all types: Don't just go for a credential if you can avoid it. Go for skills and knowledge, with an expansive view of what's useful, to you (why should I be forced to read and write about complex novels when all I want to do is negotiate contracts for a ...
by Phineas J. Whoopee
Thu Jul 21, 2016 7:38 pm
Forum: Investing - Theory, News & General
Topic: Why does a massive company like Coca Cola or Johnson Johnson need money from investors?
Replies: 25
Views: 2573

Re: Why does a massive company like Coca Cola or Johnson Johnson need money from investors?

Why then do companies seem to care about the price of their stock? When the price of a stock falls dramatically, it is generally reported as bad news for the company. I understand that there may be a fundamental reason for the price to drop, but does the company really care about the price of its s...

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