Search found 281 matches

by Wakefield1
Sun Feb 26, 2017 9:01 pm
Forum: Investing - Theory, News & General
Topic: News Article Today: Index Investing Unmasked: 96% Of Stocks Are Garbage. What does this mean??
Replies: 12
Views: 419

Re: News Article Today: Index Investing Unmasked: 96% Of Stocks Are Garbage. What does this mean??

If Mr. Buffet gets better results with his companies than other companies' average it might be because he or his designated people take an active role as managers in those companies and perhaps they are above average managers
by Wakefield1
Sun Feb 26, 2017 8:50 pm
Forum: Investing - Theory, News & General
Topic: News Article Today: Index Investing Unmasked: 96% Of Stocks Are Garbage. What does this mean??
Replies: 12
Views: 419

Re: News Article Today: Index Investing Unmasked: 96% Of Stocks Are Garbage. What does this mean??

Since Mr. Bogle has retired,I am sure the new management still has computer wizards and proprietary systems for tracking the indexes but not too closely or quickly to chase every meaningless fluctuation. Also I think the Market Weighted Index requires less trading and effort to track than other type...
by Wakefield1
Sun Feb 26, 2017 8:45 pm
Forum: Investing - Theory, News & General
Topic: News Article Today: Index Investing Unmasked: 96% Of Stocks Are Garbage. What does this mean??
Replies: 12
Views: 419

Re: News Article Today: Index Investing Unmasked: 96% Of Stocks Are Garbage. What does this mean??

If this is true,that is that most stocks just mush along like an aircraft just barely going over stall speed,then it probably affects the majority of stocks in actively managed funds. The Total Return numbers shouldn't lie. Front running means that traders (active fund managers?) if they know that t...
by Wakefield1
Sun Feb 26, 2017 3:36 pm
Forum: Investing - Theory, News & General
Topic: new study on Investor behavior being disconnected from financial theory and reality
Replies: 79
Views: 3945

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

Owning some broad index fund(s) - ... the dividend vs. non-dividend thing might not be as important- I do think that dividends are best reinvested into something other than what produced them(talking those produced by individual stocks,not those of the index or diversified mutual fund)- Which would...
by Wakefield1
Sun Feb 26, 2017 3:24 pm
Forum: Investing - Theory, News & General
Topic: AP: Americans buy existing homes at fastest pace in a decade
Replies: 43
Views: 3295

Re: AP: Americans buy existing homes at fastest pace in a decade

It's a terrible time to be "in the market" for a house. A total circus, worse than any other time I can tell. We couldn't even go to the last open house we visited. The line of cars was absurdly long and there was nowhere to park on the residential street. In driving by, there was a large...
by Wakefield1
Sun Feb 26, 2017 3:11 pm
Forum: Investing - Theory, News & General
Topic: new study on Investor behavior being disconnected from financial theory and reality
Replies: 79
Views: 3945

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

..and others are misusing dividends in a confusion between dividends and earnings. Wakefield1 wrote: I think it is easier to "fake" earnings than to "fake" dividends. But not impossible-didn't Enron do it for a while? I am wondering, do stocks that pay dividends -- steady ones, ...
by Wakefield1
Sun Feb 26, 2017 11:02 am
Forum: Investing - Theory, News & General
Topic: new study on Investor behavior being disconnected from financial theory and reality
Replies: 79
Views: 3945

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

I think it is easier to "fake" earnings than to "fake" dividends. But not impossible-didn't Enron do it for a while? The article brings up to me the possibility of asking whether non-dividend paying stocks tend to produce higher total return going forward vs. dividend paying stoc...
by Wakefield1
Sun Feb 26, 2017 12:25 am
Forum: Investing - Theory, News & General
Topic: ProShares S&P 500 Dividend Aristocrats ETF - thoughts?
Replies: 32
Views: 2409

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

The cost and turnover put it on the defense against the traditional Vanguard index fund right off. As someone would say,extra headwind.
by Wakefield1
Sat Feb 25, 2017 3:29 pm
Forum: Investing - Theory, News & General
Topic: Buffett Annual Letter 2016 [Jack Bogle is a hero]
Replies: 61
Views: 3762

Re: Buffett praises index funds, Bogle; unaware of Bogle's statue

I think this is probably different from what Buffett has in mind. I assume that the statue was erected based on his contributions as determined by Vanguard, not exactly non-biased for the purpose of honoring "the person who has done the most for American investors." Yeah, you're right. I ...
by Wakefield1
Sat Feb 25, 2017 3:15 pm
Forum: Investing - Help with Personal Investments
Topic: VFIJX - GNMA Admiral - SEC Yield jumped?
Replies: 15
Views: 778

Re: VFIJX - GNMA Admiral - SEC Yield jumped?

A windfall for the IRS? :shock: (if in taxable account)
by Wakefield1
Fri Feb 24, 2017 8:28 pm
Forum: Investing - Theory, News & General
Topic: AP: Americans buy existing homes at fastest pace in a decade
Replies: 43
Views: 3295

Re: AP: Americans buy existing homes at fastest pace in a decade

I caught the tail end of something on Nightly Business Report tonight. Not enough labor available or something for the housing demand. Lots of high end houses going up but very few inexpensive or "starter" houses. In Arlington Va with its sky high property tax the trend is to tear downs wi...
by Wakefield1
Fri Feb 24, 2017 8:10 pm
Forum: Investing - Theory, News & General
Topic: new study on Investor behavior being disconnected from financial theory and reality
Replies: 79
Views: 3945

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

"Focusing on taxation to the exclusion of other more important economic incentives is highly problematic in my view." I agree and I also think that taxation that specifically penalizes dividends is bad policy (I guess it's obvious that I enjoyed the "qualified dividends" treatmen...
by Wakefield1
Fri Feb 24, 2017 4:26 pm
Forum: Investing - Theory, News & General
Topic: new study on Investor behavior being disconnected from financial theory and reality
Replies: 79
Views: 3945

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

I want to benefit from my stocks. I don't want to have to sell my stocks. Ditto with my mutual fund shares,if I sell then I perceive that I made a mistake and needed to rectify it. Unless forced by some budget item such as buying a house,even then I would prefer to have been able to hoard dividends ...
by Wakefield1
Thu Feb 23, 2017 10:17 pm
Forum: Personal Consumer Issues
Topic: Which puppy to buy: golden retriever or labrador retriever?
Replies: 120
Views: 6304

Re: Which puppy to buy: golden retriever or labrador retriever?

Some strains of "purebred" from the show ring as opposed to being from working field dogs?
by Wakefield1
Thu Feb 23, 2017 4:47 pm
Forum: Investing - Theory, News & General
Topic: Why has growth beaten value recently?
Replies: 21
Views: 2418

Re: Why has growth beaten value recently?

Don't "growth" and "value" over very long time frames like 50 years tend to perform very similarly but sometimes one or the other excels for as many as 10 or more years at a time? Perhaps sensitive to market cap or to whether looking at total market? "Momentum growth" o...
by Wakefield1
Thu Feb 23, 2017 12:20 am
Forum: Investing - Theory, News & General
Topic: Vanguard opens special offices for $1 million clients
Replies: 63
Views: 9150

Re: Vanguard opens special offices for $1 million clients

inbox788 wrote:I'd like to join the club, but I'm afraid the free coffee and donuts will probably be gone by the time I get there.

Remember an advertising campaign a few years ago where Vanguard was offering cups of coffee? [I don't think it was during the Bogle era]
by Wakefield1
Wed Feb 22, 2017 10:21 am
Forum: Personal Consumer Issues
Topic: Which puppy to buy: golden retriever or labrador retriever?
Replies: 120
Views: 6304

Re: Which puppy to buy: golden retriever or labrador retriever?

There was a film (BBC?) named something like "Pedigrees Exposed" or "Pedigree Dogs Exposed" that in my opinion throws some needed light on some things that have been done to dogs A young Golden Retriever is likely to pull its owner around and have a compulsive need for affection ...
by Wakefield1
Tue Feb 21, 2017 9:41 pm
Forum: Investing - Theory, News & General
Topic: For people who think the market is going to crash, where along the continuum are we?
Replies: 104
Views: 6961

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

Remember how fast the market recovered after the tempest in a teapot 1987 !
Is that the best kind of crash?
One of the signs of a serious decline coming as of around year 2000 might have been big holders and company insiders selling their shares even as the market neared its top
by Wakefield1
Tue Feb 21, 2017 9:21 pm
Forum: Local Chapters and Bogleheads Community
Topic: HAPPY 21ST HEARTDAY, JACK BOGLE
Replies: 24
Views: 1229

Re: HAPPY 21ST HEARTDAY, JACK BOGLE

I guess he is the oldest and/or longest surviving transplant patient. Toughness to stay the course The linked Philly article gives a cause of the heart problem,I believe the same thing that is being blamed for the in pool death about a year ago as of Christmas season of a Dartmouth College Swimmer w...
by Wakefield1
Tue Feb 21, 2017 10:48 am
Forum: Personal Consumer Issues
Topic: Desktop Computer - Still relevant? Good investment?
Replies: 67
Views: 4806

Re: Desktop Computer - Still relevant? Good investment?

"ATX" means a full size tower case? If so then would having an ATX case mean you could reuse it to build a new system whenever you decide you need a "new computer"? A new motherboard would have whatever docking slot for the up to date type of video card? Other special slots for c...
by Wakefield1
Tue Feb 21, 2017 10:20 am
Forum: Investing - Theory, News & General
Topic: Tax Implications of Drawdown from Different Account Types
Replies: 13
Views: 700

Re: Tax Implications of Drawdown from Different Account Types

Taxation of Social Security: Someone said that it started under Ronald Reagan
Someone else said it started under Bill Clinton
Are either of these correct (and that Social Security Retirement Benefits used to be untaxed)?
by Wakefield1
Mon Feb 20, 2017 7:34 pm
Forum: Personal Finance (Not Investing)
Topic: Rank These 401(k) Providers
Replies: 43
Views: 5493

Re: Rank These 401(k) Providers

Principal is the 400 pound gorilla in the employer 401k market. They have gained that position, in my opinion and experience, by: 1. Engaging an aggressive, talented and persuasive sales force. They are able to convince employers that Principal can take all (or almost all) of the administrative bur...
by Wakefield1
Mon Feb 20, 2017 5:56 pm
Forum: Personal Finance (Not Investing)
Topic: Need advice on girlfriend debt/finances
Replies: 82
Views: 6828

Re: Need advice on girlfriend debt/finances

Most people who are viewing this thread probably remember situations that sound similar to things that happened to family members. Things involving taking for spouse someone who turned out to be exploitative. Even got what they wanted and then extracted a large divorce settlement. Yet the O.P.'s pro...
by Wakefield1
Mon Feb 20, 2017 10:17 am
Forum: Personal Finance (Not Investing)
Topic: Tax prep training recommendations?
Replies: 14
Views: 926

Re: Tax prep training recommendations?

Knowing taxes is only half the battle. The other part is setting the business up, hiring staff and becoming an electronic return originator. There are tons of regulations for compliance to learn (what papers to keep, how long, all the intricacies of EIC including due diligence,) just to name a few....
by Wakefield1
Sat Feb 18, 2017 3:24 pm
Forum: Personal Finance (Not Investing)
Topic: Vanguard Web Site Down?
Replies: 98
Views: 3602

Re: Vanguard Web Site Down?

News is in the journal today https://www.wsj.com/articles/index-fund-giant-vanguards-website-suffers-outage-1487379779 The problem was caused by an error during a planned technology update, a spokeswoman said. Full online functionality was fixed in under two hours and the majority of Vanguard’s “we...
by Wakefield1
Sat Feb 18, 2017 3:18 pm
Forum: Personal Finance (Not Investing)
Topic: Vanguard Web Site Down?
Replies: 98
Views: 3602

Re: Vanguard Web Site Down?

Didn't Mr. Bogle reject taking on new accounts at times when he thought the funds he was associated with had too much new money coming in to handle ? I don't think Mr. Bogle has anything to do with the day to day operations at Vanguard now and may or may not see eye to eye with the present management.
by Wakefield1
Fri Feb 17, 2017 8:54 pm
Forum: Investing - Help with Personal Investments
Topic: 88 Year Old Mother - advice needed
Replies: 15
Views: 958

Re: 88 Year Old Mother - advice needed

At least she is getting some interest from the banks unlike my mother who keeps a lot in checking accounts or savings that pay about .1% per year.
by Wakefield1
Fri Feb 17, 2017 4:17 pm
Forum: Personal Finance (Not Investing)
Topic: BD Roth IRA
Replies: 7
Views: 190

Re: BD Roth IRA

A question:Am I correct that earnings developed within but not "basis" that was after tax contributions in the non-deductible IRA are taxed upon conversion to Roth? So that early conversion saves taxes (the earnings developed within the Roth instead of the plain non-deductible IRA) A lot o...
by Wakefield1
Fri Feb 17, 2017 11:18 am
Forum: Personal Finance (Not Investing)
Topic: Vanguard Web Site Down?
Replies: 98
Views: 3602

Re: Vanguard seems to have gone off the grid

goingup wrote:The level of impatience about a brief interruption of service is a little over the top.

At least 3 different threads at this time.
If I need immediate cash I will go to the Credit Union!
by Wakefield1
Fri Feb 17, 2017 10:49 am
Forum: Personal Finance (Not Investing)
Topic: Vanguard Web Site Down?
Replies: 98
Views: 3602

Re: Vanguard seems to have gone off the grid

My guess is a hack attack where some group launches myriads of spurious spammed log on attempts via botnets
by Wakefield1
Thu Feb 16, 2017 9:31 pm
Forum: Personal Consumer Issues
Topic: Should I cut my Pine tree?
Replies: 24
Views: 2531

Re: Should I cut my Pine tree?

Watch out for oak trees especially when adjacent to and overhanging houses, [OT comment removed by admin LadyGeek] and they have a reputation for strength and longevity, they actually uproot or windthrow sometimes (taking a large rootball or rootplate with it) and can even drop large branches capabl...
by Wakefield1
Thu Feb 16, 2017 2:33 pm
Forum: Investing - Theory, News & General
Topic: Scott Burns is Signing Off -- He'll be missed
Replies: 25
Views: 6354

Re: Scott Burns is Signing Off -- He'll be missed

If the new writer is "politician" was he associated with the previous Administration?
by Wakefield1
Thu Feb 16, 2017 2:22 pm
Forum: Investing - Help with Personal Investments
Topic: Why own individual stocks?
Replies: 88
Views: 6244

Re: Why own individual stocks?

When I was younger I had a fear of mutual funds that may or may not have been justified
by Wakefield1
Thu Feb 16, 2017 2:19 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard Roth IRA - Cost Basis Options
Replies: 9
Views: 618

Re: Vanguard Roth IRA - Cost Basis Options

Possibly pertinent to an underage person with a Roth account less than 5 years old who desires to take an early distribution?
by Wakefield1
Thu Feb 16, 2017 2:11 pm
Forum: Personal Finance (Not Investing)
Topic: 20% low-risk one month return from Thrift Conversions (bank demutualization/IPOs)
Replies: 10
Views: 668

Re: 20% low-risk one month return from Thrift Conversions (bank demutualization/IPOs)

Prudential Insurance (now Prudential Financial) demutualized a number of years ago,became a publicly held stock and some stock was paid out to owners of traditional life insurance policies
Perhaps the stock is more desirable than the insurance?
by Wakefield1
Thu Feb 16, 2017 12:07 am
Forum: Investing - Help with Personal Investments
Topic: Why own individual stocks?
Replies: 88
Views: 6244

Re: Why own individual stocks?

I'm looking at individual stocks that were purchased through the years, some date back to 1981. I'm stunned at the lack of growth and what could have been accomplished with an index fund. So, what are the benefits to owning stocks? I don't think there are any. Buying individual stocks is kept alive...
by Wakefield1
Wed Feb 15, 2017 10:10 pm
Forum: Investing - Help with Personal Investments
Topic: Why own individual stocks?
Replies: 88
Views: 6244

Re: Why own individual stocks?

The stocks make dividends that can be used to buy mutual fund shares. Including Vanguard Index funds. Some stocks have made more dividends over the years than their original purchase price. Someone try to run a backtest of XOM's Exxon predecessor from about 1980 ? Some stocks croak like Arch Coal. W...
by Wakefield1
Wed Feb 15, 2017 8:05 pm
Forum: Investing - Theory, News & General
Topic: What are the best Vanguard ETF's for an aggressive Roth IRA?
Replies: 9
Views: 997

Re: What are the best Vanguard ETF's for an aggressive Roth IRA?

Warning-over the long term like 20,30 years-don't such conservative funds like Wellington or Wellesley (don't know if it has been around 30 years) tend to have had a better record than the "aggressive growth funds" and "momentum growth funds" like those that were offered by Putna...
by Wakefield1
Tue Feb 14, 2017 5:01 pm
Forum: Investing - Theory, News & General
Topic: Vanguard 1099s available - Other companies just as good for sending 1099s???
Replies: 63
Views: 5486

Re: Vanguard 1099s available - Other companies just as good for sending 1099s???

boglesmind wrote:
oldzey wrote:
oldzey wrote:I'm guessing Feb. 14th for the Consolidated Form 1099 from VBS.


Posted today (Feb. 13th).


Mine as well.

Today Feb. 14 my "consolidated" statement just appeared on my login webpage. Regular mutual fund 1099 has been up a while.
by Wakefield1
Tue Feb 14, 2017 4:17 pm
Forum: Investing - Help with Personal Investments
Topic: Closed my Roth IRA due to political uncertainty - mistake???
Replies: 102
Views: 5680

Re: Closed my Roth IRA due to political uncertainty - mistake???

OP, Do you have an emergency fund? How big is your emergency fund? If you have none, you should be nervous. You should not invest with the money that you cannot afford to lose. Now, if you have an emergency fund of 6 months or longer, why do you worry about losing your principal? KlangFool Curious ...
by Wakefield1
Tue Feb 14, 2017 2:04 pm
Forum: Investing - Theory, News & General
Topic: Are stock valuations so high because interest rates are so low?
Replies: 28
Views: 2231

Re: Are stock valuations so high because interest rates are so low?

Will higher rates finally drive a stake into the heart of Mr. Market? Not unless the rates go up too much or too fast. I don't think the Fed has complete control of the rates except perhaps at the short end,Mr. Market has some say too. Say my Utility Fund/stock pays 3%,my savings account 1%--if my ...
by Wakefield1
Tue Feb 14, 2017 1:57 pm
Forum: Investing - Help with Personal Investments
Topic: Understanding 401k rate of return?
Replies: 11
Views: 712

Re: Understanding 401k rate of return?

You should be careful on how they calculate it too. My wife's 401k uses contributions as part of the return. I suspect some of the administrators'/vendors' websites may not be highly reliable as to calculating Defined Contribution or Deferred Compensation plan returns. (Counting contributions as ea...
by Wakefield1
Tue Feb 14, 2017 1:44 pm
Forum: Investing - Help with Personal Investments
Topic: Wow, Vanguard Flagship service is bad. Really bad.
Replies: 150
Views: 20199

Re: Wow, Vanguard Flagship service is bad. Really bad.

Jumping the Vanguard Ship for Fidelity over this glitch sounds rather radical and just hurting yourself by going to The Johnson Family of not so cheap funds, in my opinion. Flagship has been good to us, and is a useful tool, but not as spiffy as a high priced Investment Firm ,..charging big fees to...
by Wakefield1
Tue Feb 14, 2017 1:40 pm
Forum: Personal Finance (Not Investing)
Topic: Dumb Social Security Question
Replies: 6
Views: 1008

Re: Dumb Social Security Question

After you have had a year or two with no new Social Security contributions/covered wages your new yearly estimates might get smaller but more apt to be accurate in that future contributions become assumed to be $0. until you start benefits (no more assumed continued covered wages that don't happen)
by Wakefield1
Tue Feb 14, 2017 1:35 pm
Forum: Personal Finance (Not Investing)
Topic: Faith in Vanguard shaken after seeing wrong name on my 1099 & Statements
Replies: 28
Views: 3659

Re: Faith in Vanguard shaken after seeing wrong name on my 1099 & Statements

So this was that Vanguard got confused with a married couple not using the same last name?
by Wakefield1
Mon Feb 13, 2017 8:28 pm
Forum: Investing - Help with Personal Investments
Topic: Is it reasonable to have 100% in the stock market?
Replies: 58
Views: 5798

Re: Is it reasonable to have 100% in the stock market?

Not really-no balanced fund? No bond fund? No bond fund money with employer plan? No down payment in bank or credit union? No paid off house? No "Marie Curie" gold piece to look at? Social Security eligibility (earned "PIA"waiting for delayed premium after age 66 ) or pension mig...
by Wakefield1
Mon Feb 13, 2017 5:20 pm
Forum: Investing - Help with Personal Investments
Topic: Converting a new Roth to a Traditional IRA
Replies: 20
Views: 871

Re: Converting a new Roth to a Traditional IRA

As far as what to do with a Roth,there are some ideas on a Vanguard Blog entry (I don't plan to do any of these things to my Roth)-lets see, the Blog Entry was for March 23,2016. From Vanguard's log on page (don't need to log on)put your mouse hand on "News and Perspectives",then when &quo...
by Wakefield1
Mon Feb 13, 2017 4:55 pm
Forum: Investing - Help with Personal Investments
Topic: Converting a new Roth to a Traditional IRA
Replies: 20
Views: 871

Re: Converting a new Roth to a Traditional IRA

Sounds like a whole lot of trouble and possibly something going wrong to come up with a doubtful outcome just to get back a small amount of already paid taxes If you decided you don't like Roths you can always do future years as plain future tax bomb IRA contributions (in a plain IRA) and leave the ...
by Wakefield1
Sun Feb 12, 2017 8:50 pm
Forum: Investing - Help with Personal Investments
Topic: Traditional IRA to Roth Conversion
Replies: 7
Views: 782

Re: Traditional IRA to Roth Conversion

You don't have to convert all of your IRA balance. You can convert some this year and some more another year. How much tax (cost of conversion) do you want to take on this year? Stay in bracket? (Might want to have a tax bracket chart/your own zero bracket amount/at hand when deciding how much to co...
by Wakefield1
Sun Feb 12, 2017 8:41 pm
Forum: Investing - Help with Personal Investments
Topic: Health Care Premium and Costs During Retirement (65+)
Replies: 20
Views: 1175

Re: Health Care Premium and Costs During Retirement (65+)

Does Medicare and a supplement plan usually cost less than typical health insurance as carried by a person less than 65 years old?
Some employers who pay a portion towards health insurance for pre Medicare age retirees will subsidize their Medicare retirees into a "Medicare +" plan

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