Search found 467 matches

by Tigermoose
Sat Jul 23, 2016 6:00 pm
Forum: Investing - Theory, News & General
Topic: Good book on global economics?
Replies: 8
Views: 587

Good book on global economics?

Do you have any good recommendations for a book on global economics? I would prefer one written to the average college educated laymen, and not for other economists. I just listened to Adam Smith's Wealth of Nations, and I was hoping for something similar for the 21st century.

Thanks in advance!
by Tigermoose
Tue Jul 19, 2016 2:51 pm
Forum: Personal Finance (Not Investing)
Topic: mortgage vs investing
Replies: 43
Views: 1816

Re: mortgage vs investing

You should be looking at marginal tax rate instead of effective tax rate. Contribution to Trad. 401K save you tax in the marginal tax rate range. Effective tax rate is the wrong way to look at this. Ditto during retirement, you should look at marginal tax rate too. In summary, if your marginal tax ...
by Tigermoose
Tue Jul 19, 2016 2:41 pm
Forum: Investing - Theory, News & General
Topic: Stock Valuations — Is the U.S. Market Now the Global Growth Index?
Replies: 28
Views: 2328

Re: Stock Valuations — Is the U.S. Market Now the Global Growth Index?

There are reasons the U. S. continues to grow while the rest of the world stagnates. To ignore those reasons while just assuming valuations will revert to mean is to put on rose colored glasses imho. It is very fashionable to pretend that the U. S. is not special and that to prefer the U. S. is a &q...
by Tigermoose
Tue Jul 19, 2016 2:24 pm
Forum: Personal Finance (Not Investing)
Topic: mortgage vs investing
Replies: 43
Views: 1816

Re: mortgage vs investing

Tigermoose, check out tfb's classic post The Case Against Roth 401(k) . Good article. Our effective tax rate right now is super low, so we too might be an exception to this. We get a lot of credits and deductions for our many kids, and so right now we probably pay less tax than in the future when t...
by Tigermoose
Tue Jul 19, 2016 1:57 pm
Forum: Personal Finance (Not Investing)
Topic: mortgage vs investing
Replies: 43
Views: 1816

Re: mortgage vs investing

Converting to Roth 401K -> No. I do not know of circumstances that it makes sense. KlangFool What about diversifying pre and post tax holdings for tax management purposes during retirement? I figured I would withdraw $$ from the pre tax 401k so as not to go into higher tax brackets, and pull on the...
by Tigermoose
Tue Jul 19, 2016 1:44 pm
Forum: Personal Finance (Not Investing)
Topic: mortgage vs investing
Replies: 43
Views: 1816

Re: mortgage vs investing

Converting to Roth 401K -> No. I do not know of circumstances that it makes sense. KlangFool What about diversifying pre and post tax holdings for tax management purposes during retirement? I figured I would withdraw $$ from the pre tax 401k so as not to go into higher tax brackets, and pull on the...
by Tigermoose
Tue Jul 19, 2016 1:24 pm
Forum: Personal Finance (Not Investing)
Topic: mortgage vs investing
Replies: 43
Views: 1816

Re: mortgage vs investing

... Any time. It is a 2 steps process. You need to rollover the 401K into an Rollover IRA account before you can convert into Roth IRA. ... KlangFool Thanks for the info KlangFool. I'm definitely going to have to consider converting some of our 401k money to either a Roth 401k and/or a Roth IRA.
by Tigermoose
Tue Jul 19, 2016 1:10 pm
Forum: Personal Finance (Not Investing)
Topic: mortgage vs investing
Replies: 43
Views: 1816

Re: mortgage vs investing

Due to the 10% penalty I just kind of view the 401k as off limits until retirement. I suppose you could tap it if needed. Yes, principal withdrawals from the Roth IRA means they are liquid. I guess I just look at these accounts as liquid in case of emergency only. Tigermoose, <<Due to the 10% penal...
by Tigermoose
Tue Jul 19, 2016 12:32 pm
Forum: Personal Finance (Not Investing)
Topic: mortgage vs investing
Replies: 43
Views: 1816

Re: mortgage vs investing

Do you consider assets in retirement accounts to be liquid? Tigermoose, 1) They are not "retirement" account. They are IRAs, 401K, Roth IRA and so on. The money could be used for any purposes. It is not necessary "retirement". They are tax management tools. 2) Why do you conside...
by Tigermoose
Tue Jul 19, 2016 11:29 am
Forum: Personal Finance (Not Investing)
Topic: mortgage vs investing
Replies: 43
Views: 1816

Re: mortgage vs investing

I think I like to break this down like such: --But, you have another comparison to consider! House rich and cash poor. To look at your net worth and income statements -- Net Worth = Assets - Liabilities Assets = home, vehicles, boats, luxury items, etc., and investments. Liabilities = mortgages, ca...
by Tigermoose
Tue Jul 12, 2016 10:22 am
Forum: Investing - Help with Personal Investments
Topic: What to do with VGPMX (Vanguard Precious Metals and Mining)?
Replies: 113
Views: 15810

Re: What to do with VGPMX (Vanguard Precious Metals and Mining)?

I'm at 1% return on my initial investment. Woohooo! :beer
by Tigermoose
Thu Jul 07, 2016 2:19 pm
Forum: Investing - Theory, News & General
Topic: Monetary policy is (barely) carrying the world
Replies: 29
Views: 1578

Re: Monetary policy is (barely) carrying the world

National banks around the world helped stave off a deflationary spiral by increasing the money supply and propping up asset prices. This increased money supply largely flowed into financial assets, and only minimally into goods and services that make up the CPI. Thus we still have a low demand envir...
by Tigermoose
Fri Jul 01, 2016 10:14 am
Forum: Investing - Theory, News & General
Topic: Equities = musical chairs?
Replies: 93
Views: 3772

Re: Equities = musical chairs?

I'm going to get killed for this but.... If you get past OPs general tone, her terrible personal returns, and the tangent about spending, I think I see a kernel of a point, or at least a question--what does ownership mean for your immediate relationship with the company? If you own $1 million of Go...
by Tigermoose
Fri Jul 01, 2016 10:00 am
Forum: Investing - Theory, News & General
Topic: Equities = musical chairs?
Replies: 93
Views: 3772

Re: Equities = musical chairs?

I also don't have kids. I agree that is is not difficult to save for oneself to live a decent retirement if one does not have kids and perhaps has no need to help others in need. For those of us with children that wish to provide for others, we have to take educated risks in order to fulfill those ...
by Tigermoose
Fri Jul 01, 2016 9:46 am
Forum: Investing - Theory, News & General
Topic: Equities = musical chairs?
Replies: 93
Views: 3772

Re: Equities = musical chairs?

. . . they are really investing in nothing of intrinsic value to them. When you go to a locally owned grocery store or bank, do you look around and say, "All of this has no intrinsic value"? If you do not, then your reasoning that publicly investable businesses somehow have no intrinsic v...
by Tigermoose
Thu Jun 30, 2016 10:51 am
Forum: Investing - Theory, News & General
Topic: Equities = musical chairs?
Replies: 93
Views: 3772

Re: Equities = musical chairs?

Words are just sounds uttered by our mouths, tongue, and vocal cords. Yet they represent meanings that correspond to real world things and powerful ideas that move men to action.

Equities are just scraps of paper with words written on them....(see above)
by Tigermoose
Thu May 19, 2016 8:45 pm
Forum: Personal Consumer Issues
Topic: Whats the point of MBA? Should I get it if I'm going to Cyber Security career?
Replies: 36
Views: 2163

Re: Whats the point of MBA? Should I get it if I'm going to Cyber Security career?

I would only get an MBA if my employer was paying for all or most of it. I recommend getting the certifications. Once you get on with a company because of your certifications and skills, most often they will provide tuition reimbursement. Use that to get the MBA or other graduate degree program. The...
by Tigermoose
Tue May 17, 2016 7:34 am
Forum: Personal Consumer Issues
Topic: Thinking of moving to SC or TX
Replies: 31
Views: 3416

Re: Thinking of moving to SC or TX

Carolinas Healthcare Services is a huge hospital/medical services conglomerate based in Charlotte. They have a large IT presence in Charlotte. I was familiar with them and I knew many of their IT management staff before I retired. Their website is: http://www.carolinashealthcare.org/ Novant also ow...
by Tigermoose
Tue May 17, 2016 7:23 am
Forum: Personal Consumer Issues
Topic: Thinking of moving to SC or TX
Replies: 31
Views: 3416

Re: Thinking of moving to SC or TX

And water is going to be an even larger issue in the growth dynamics since Austin and San Antonio depend on the Edwards Aquafer ground water which is being sucked out faster than any replenishing can ever happen... It took thousands of years to put that water in there and it is coming out faster th...
by Tigermoose
Sun May 08, 2016 9:19 pm
Forum: Personal Consumer Issues
Topic: Thinking of moving to SC or TX
Replies: 31
Views: 3416

Re: Thinking of moving to SC or TX

What about the Greenville SC area?
by Tigermoose
Sun May 08, 2016 9:07 pm
Forum: Personal Consumer Issues
Topic: Thinking of moving to SC or TX
Replies: 31
Views: 3416

Re: Thinking of moving to SC or TX

Wow. Great information from everyone! We are going to adjust our upcoming trip to the Carolinas based on your feedback (nix Columbia, spend some more time in NC). As far as TEXAS, we are attracted to two areas so far: 1. Hill Country/San Antonio/Austin 2. Houston area Just how bad is the traffic? I ...
by Tigermoose
Sat May 07, 2016 11:32 pm
Forum: Personal Consumer Issues
Topic: Thinking of moving to SC or TX
Replies: 31
Views: 3416

Re: Thinking of moving to SC or TX

Wow. Lots of good tips and guidance. Thanks. We were planning on visiting Columbia as part of our upcoming SC vacation, but now I'm thinking we should spend more time in the Charlotte area or possibly even swinging up to the Triad and/or Triangle. My wife really wants warmer winter weather. How are ...
by Tigermoose
Sat May 07, 2016 10:50 pm
Forum: Personal Consumer Issues
Topic: Thinking of moving to SC or TX
Replies: 31
Views: 3416

Re: Thinking of moving to SC or TX

We were looking at Greenville, Columbia, maybe Charlotte NC, and we do like Charleston. However, we were concerned about employment in Charleston. Also, a lot of the housing looked very suburban with small lots. We like the areas closer to the appalachians with larger acreage and trees. I suppose I ...
by Tigermoose
Sat May 07, 2016 9:42 pm
Forum: Personal Consumer Issues
Topic: Thinking of moving to SC or TX
Replies: 31
Views: 3416

Thinking of moving to SC or TX

Currently live in MO, but seriously considering moving to TX or SC. Anybody live there or have any advice or guidance on either location? Also - anybody ever sell their own house without using an agent?
by Tigermoose
Fri Jan 08, 2016 1:14 pm
Forum: Personal Consumer Issues
Topic: helping a creative child grow
Replies: 40
Views: 2219

Re: helping a creative child grow

Make sure she has time to be bored. Creativity will be the result.
by Tigermoose
Fri Jan 08, 2016 12:50 pm
Forum: Investing - Theory, News & General
Topic: Embrace the volatility: it is good for future returns
Replies: 6
Views: 604

Re: Embrace the volatility: it is good for future returns

Well remember the other side of fear is greed ... And people lose just as much that way Buying US stocks at today's valuations, even after a 10% drop, may still look a little optimistic with hindsight ... I think if you want to embrace the volatility today, you've really got to be maintaining those...
by Tigermoose
Fri Jan 08, 2016 12:47 pm
Forum: Investing - Theory, News & General
Topic: worst first four opening days in HISTORY for S&P 500
Replies: 125
Views: 14302

Re: worst first four opening days in HISTORY for S&P 500

A great Man once said: "The eye is the lamp of the body; so then if your eye is clear, your whole body will be full of light. 23 But if your eye is bad, your whole body will be full of darkness. If then the light that is in you is darkness, how great is the darkness!…" Nice to see behavior...
by Tigermoose
Fri Jan 08, 2016 12:35 pm
Forum: Investing - Theory, News & General
Topic: Sharing Advice from meeting with High Level Vanguard Advisor
Replies: 61
Views: 8997

Re: Sharing Advice from meeting with High Level Vanguard Advisor

I wonder why he advises against a glide path and advises for a static allocation until retirement. It seems to me that it is more profitable to be move heavily invested in equities early when you have more time to compound growth. I guess it might make sense from a behavioral standpoint, in that you...
by Tigermoose
Fri Jan 08, 2016 12:27 pm
Forum: Investing - Theory, News & General
Topic: "Ten Bear Market Truths"
Replies: 16
Views: 2645

Re: "Ten Bear Market Truths"

Great reminder! I liked this one particularly: "10. These are the times that successful investors separate themselves from the pack. Most investors mistakenly assume that you make all of your money during bull markets. The reason so many investors fail is because they make poor decisions when m...
by Tigermoose
Fri Jan 08, 2016 12:18 pm
Forum: Investing - Theory, News & General
Topic: Embrace the volatility: it is good for future returns
Replies: 6
Views: 604

Re: Embrace the volatility: it is good for future returns

That's the idea, anyway. The Japanese are still waiting, the Russian investors in 1914 would disagree with you, the Dutch East India Company was pretty volatile before it collapsed, and if I remember correctly the NAV of QQQ (the darling of the dot com world in 1999) is still below what it was when...
by Tigermoose
Fri Jan 08, 2016 12:00 pm
Forum: Investing - Theory, News & General
Topic: Embrace the volatility: it is good for future returns
Replies: 6
Views: 604

Embrace the volatility: it is good for future returns

The more volatility we have, the more risk premium that will reward the disciplined in the future. :sharebeer :moneybag :moneybag :sharebeer
by Tigermoose
Sun Jan 03, 2016 10:13 pm
Forum: Investing - Theory, News & General
Topic: 2015 Asset Class Returns
Replies: 18
Views: 3303

Re: 2015 Asset Class Returns

Phineas J. Whoopee wrote:
Tigermoose wrote:It was a year of "diworsification".

Thank you. What will 2016 be?
PJW


It will be the year prior to 2017.
by Tigermoose
Fri Jan 01, 2016 10:57 pm
Forum: Investing - Theory, News & General
Topic: 2015 Asset Class Returns
Replies: 18
Views: 3303

Re: 2015 Asset Class Returns

It was a year of "diworsification".
by Tigermoose
Wed Sep 23, 2015 10:43 am
Forum: Investing - Theory, News & General
Topic: Bernstein's "Deep Risk" - A rare opportunity for inflation protection?
Replies: 56
Views: 8317

Re: Bernstein's "Deep Risk" - A rare opportunity for inflation protection?

I also just want to say I think it highly more likely that nations will error on the side of inflation rather than deflation as they manage their money supplies and debt obligations.
by Tigermoose
Wed Sep 23, 2015 10:39 am
Forum: Investing - Theory, News & General
Topic: Bernstein's "Deep Risk" - A rare opportunity for inflation protection?
Replies: 56
Views: 8317

Re: Bernstein's "Deep Risk" - A rare opportunity for inflation protection?

Like you, I was influenced by Bernstein's Deep Risk to add some inflation protection in the form of CCFs, VGPMX, and a real assets inflation protection fund in my 401k. Currently I am buying into the real asset inflation protection to meet my asset allocation goals. My thinking has been that inflati...
by Tigermoose
Mon Aug 31, 2015 4:04 pm
Forum: Investing - Help with Personal Investments
Topic: Dividends for funds in a 401k custom fund
Replies: 2
Views: 148

Dividends for funds in a 401k custom fund

My wife's 401k through Fidelity and her old corporation consists of custom funds that are not considered mutual funds. I cannot find out what happens to the dividends that these funds should pay out. Does anyone know what is going on here? Should I be concerned that extra fees are being charged by m...
by Tigermoose
Wed Aug 26, 2015 10:49 am
Forum: Investing - Theory, News & General
Topic: Individual Stocks Does it Ever Make Sense?
Replies: 81
Views: 8638

Re: Individual Stocks Does it Ever Make Sense?

You can gift stock at its Fair market Value to a charitable organization and not have to pay for any capital appreciation on that stock.
by Tigermoose
Tue Aug 25, 2015 8:19 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 3087
Views: 682473

Re: U.S. stocks in freefall

Futures are up 1.5%+. Let's hope it stays that way tomorrow. Sure, there could be a bounce today, given that China has done something to try and stem the tide... and it could go right back down tomorrow or the next. Go look at the Dow action in the fall of 2008. We had some big down days, but we al...
by Tigermoose
Mon Aug 24, 2015 2:27 pm
Forum: Investing - Help with Personal Investments
Topic: Reallocating while the market is moving quickly
Replies: 9
Views: 1207

Re: Reallocating while the market is moving quickly

How about you just wait until that fund has a positive trading day, then do your rebalancing? Its not a guarantee that the knife won't keep falling...
by Tigermoose
Fri Aug 21, 2015 9:30 am
Forum: Investing - Theory, News & General
Topic: Pascal's Wager and prudent investment decisions
Replies: 29
Views: 3661

Re: Pascal's Wager and prudent investment decisions

Interesting article, but Pascal's Wager might not be the best story to refer to when trying to build a logical case for something. I say that because Pascal's Wager has numerous well-known logical flaws. For a quick refresher check out this wiki: http://rationalwiki.org/wiki/Pascal's_wager#Criticis...
by Tigermoose
Fri Aug 21, 2015 8:39 am
Forum: Investing - Theory, News & General
Topic: Potential Energy Downside?
Replies: 27
Views: 2628

Re: Potential Energy Downside?

The fact that everyone is doom and gloom about it is a good contrarian indicator. Or it could mean it will continue to decline :?

If you know about some bad news, you can rest assured that if it is True is it already baked into the current market price.
by Tigermoose
Fri Aug 21, 2015 8:27 am
Forum: Investing - Theory, News & General
Topic: Potential Energy Downside?
Replies: 27
Views: 2628

Re: Potential Energy Downside?

Of course there is a downside. That's why it is risky. That's why it has the potential for a significant return on capital - or a significant loss.
by Tigermoose
Thu Aug 20, 2015 8:56 am
Forum: Investing - Theory, News & General
Topic: Greenspan: we've got a bond bubble, Houston
Replies: 71
Views: 6951

Re: Greenspan: we've got a bond bubble, Houston

So I watched the Bloomberg interview with Greenspan. He talks about time preference as being the foundation of where interest rates should be. Time preference is the human value of time. Interest rates should be a determination of the future value of money based on how much we value time. "GREE...
by Tigermoose
Wed Aug 19, 2015 2:51 pm
Forum: Investing - Theory, News & General
Topic: Greenspan: we've got a bond bubble, Houston
Replies: 71
Views: 6951

Re: Greenspan: we've got a bond bubble, Houston

I think we have all assumed that investors are rational and thus the rate rise would be managed and not dramatic. But what happens if an irrational run for the exits occurs in the bond market? How fast could rates rise if we have a panic sell? Again, this would not be rational, but an irrational rea...
by Tigermoose
Wed Aug 12, 2015 11:00 am
Forum: Investing - Theory, News & General
Topic: a look at impact of financialization of commodities
Replies: 20
Views: 2016

Re: a look at impact of financialization of commodities

Thanks Larry! CCFs have taken a beating, but that's why you rebalance in order to buy low and sell high. What do you think about a diversified real asset fund like PDRDX? Does this type of fund serve a similar purpose as a pure CCF? This is in my company's 401k, and therefore attractive to me as a w...
by Tigermoose
Thu Jun 25, 2015 8:26 am
Forum: Investing - Theory, News & General
Topic: Shiller P/E 10 hits 25
Replies: 331
Views: 29457

Re: Shiller P/E 10 hits 25

S&P PE ratio is 20.7 --- not too bad.

http://www.multpl.com/
by Tigermoose
Wed Jun 17, 2015 9:37 am
Forum: Investing - Help with Personal Investments
Topic: Laddered Corporate Bond Interest Rate Scenario Tool
Replies: 2
Views: 306

Re: Laddered Corporate Bond Interest Rate Scenario Tool

This tool helps me be less fearful of bonds in the current environment. I'm a more visual oriented person, so this helps me a great deal.
by Tigermoose
Wed Jun 17, 2015 8:51 am
Forum: Investing - Help with Personal Investments
Topic: Laddered Corporate Bond Interest Rate Scenario Tool
Replies: 2
Views: 306

Laddered Corporate Bond Interest Rate Scenario Tool

Very useful and cool tool to show how corporate bonds will far over the next several years in a rising interest rate environment.

http://funds.eatonvance.com/laddered-corporate-bond-interest-rate-scenario-tool.php

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