Search found 632 matches

by anil686
Sun Aug 27, 2017 12:18 pm
Forum: Investing - Theory, News & General
Topic: Do Index Funds Distort Market Valuations?
Replies: 113
Views: 8048

Re: Do Index Funds Distort Market Valuations?

I think jbolden1517 may be referring to this BoA report: “The ETF-ization of the S&P 500, Part 1” I can't find it anywhere, but it's referenced in a few articles from July, including these: http://www.marketwatch.com/story/bofa-warns-the-rise-of-etfs-is-distorting-the-stock-market-2017-07-05 http:/...
by anil686
Fri Aug 25, 2017 10:34 am
Forum: Personal Finance (Not Investing)
Topic: SIAP: Marvel $5 week
Replies: 0
Views: 218

SIAP: Marvel $5 week

At the local cinemarks in the DFW area (maybe nationwide) - they are doing a Marvel week in the theaters showing all the Marvel superhero/Guardians movies in their XD theaters for $5 a showing over the next week. They are staggered so they show 4 a day for the next week (some repeats) and all ticket...
by anil686
Thu Aug 24, 2017 1:13 pm
Forum: Personal Finance (Not Investing)
Topic: "I'm Bill Bengen, and I first proposed the 4% safe withdrawal rate in 1994. Ask me anything!"
Replies: 119
Views: 13745

Re: "I'm Bill Bengen, and I first proposed the 4% safe withdrawal rate in 1994. Ask me anything!"

Regarding the discrepancy from Bengen's withdrawal rates at "50/50" and other sources, from his comments and this article , I think he is talking about a very specific allocation: "35% U.S. large-cap stocks, 18% U.S. small-cap stocks and 47% intermediate-term government bonds". At first glance, my ...
by anil686
Wed Aug 23, 2017 8:40 pm
Forum: Personal Consumer Issues
Topic: Experience finding gas pump card skimmer?
Replies: 46
Views: 4130

Re: Experience finding gas pump card skimmer?

I just had this discussion a few days ago with a friend. He said that skimmers were rampant in our town according to his police detective brother-in-law. One thing he suggested was to use the Exxon SpeedPass app. You download it, add your credit card and then scan a QR code when you buy gas at Exxo...
by anil686
Wed Aug 23, 2017 2:39 pm
Forum: Personal Consumer Issues
Topic: Experience finding gas pump card skimmer?
Replies: 46
Views: 4130

Re: Experience finding gas pump card skimmer?

Some gas station is now accept contactless payment such as Apple Pay or android pay. This may also be a solution if you use a gas station like that...
by anil686
Mon Aug 14, 2017 10:54 am
Forum: Investing - Theory, News & General
Topic: New Dividends Appreciation data series - backtesting
Replies: 112
Views: 9511

Re: New Dividends Appreciation data series - backtesting

When you used Dividend growth above - which index or rule did you use? was it Aristocrats with the 25 years of increasing dividends, the Nasdaq Achievers index (VG with 10 years) or Morningstar's Index - the five years of growing dividends? On this chart, I was using a composite approach, the S&P 5...
by anil686
Mon Aug 14, 2017 6:17 am
Forum: Investing - Theory, News & General
Topic: New Dividends Appreciation data series - backtesting
Replies: 112
Views: 9511

Re: New Dividends Appreciation data series - backtesting

While I was at it, I was curious about a monthly perspective of the corresponding growth chart. Say $1M invested in 1990. There is little question that the Dividend Growth trajectory (green line) turned out more appealing, both in terms of cumulative growth and in terms of navigating crises. Click ...
by anil686
Thu Aug 03, 2017 8:01 am
Forum: Personal Consumer Issues
Topic: Amazon, eBay, Costco, vs. Walmart?
Replies: 17
Views: 1703

Re: Amazon, eBay, Costco, vs. Walmart?

I used Jet.com for the first time this week. I found some sponges, laundry detergent, and my dog food cheaper than Amazon, Walmart, and Target. I think new accounts get 15% off the first few orders. That's interesting especially since they are owned by Walmart. However, Walmart was going to let the...
by anil686
Tue Aug 01, 2017 6:26 pm
Forum: Investing - Theory, News & General
Topic: [Fidelity Beats Vanguard on Total Expenses for 14 Index Mutual Funds]
Replies: 63
Views: 4503

Re: [Fidelity Beats Vanguard on Total Expenses for 14 Index Mutual Funds]

I would recommend read Mr. Bogle's Common Sense on Mutual Funds - Chapter 6 - On indexing. There is more to indexing than following an index. What good is a 0.005% fee reduction if capital gains cannot be eliminated by sharing with an ETF class in a taxable account. Tracking error, tax efficiency pl...
by anil686
Tue Aug 01, 2017 3:32 pm
Forum: Investing - Theory, News & General
Topic: Why is it hard to beat the market?
Replies: 45
Views: 3289

Re: Why is it hard to beat the market?

This was discussed in another thread recently but I don't remember which. Most of the gains in a market come from a small minority of the companies. Unless you cast a very wide net it is unlikely you'll get a good sampling of those companies. And the wider your net the more you will converge on mar...
by anil686
Mon Jul 31, 2017 3:48 pm
Forum: Investing - Theory, News & General
Topic: A Secret of the Index Fund’s Success?
Replies: 25
Views: 3216

Re: A Secret of the Index Fund’s Success?

I will have to re-read the chapter tonight, but I think Mr. Bogle touches on this in Chapter 13 in Common Sense on Mutual Funds (On Taxes). He showed out of the 30 growth stocks purchased at their peak before a market decline in 1970, that group returned about the same as the broad market. However, ...
by anil686
Sun Jul 30, 2017 4:40 pm
Forum: Investing - Help with Personal Investments
Topic: 401K Plan for Small Business
Replies: 9
Views: 717

Re: 401K Plan for Small Business

Thanks, appreciate the comments. It's a difficult area to do compares, I'll look into V/A as well. When you call Vanguard small business - make sure they know how small you are. That helps - they have pretty straightforward plans for fixed costs for very small businesses (like under 15 people). Som...
by anil686
Sat Jul 29, 2017 5:42 pm
Forum: Investing - Help with Personal Investments
Topic: 401K Plan for Small Business
Replies: 9
Views: 717

Re: 401K Plan for Small Business

We use Ascensus/Vanguard - total cost for our group (8 employees but same cost up to 15) is $3600 for both TPA and recordkeeping services per year total. The use admiral shares and for any funds without admiral shares (i.e. TR funds) there is a rebate to bring the cost down to the equivalent of admi...
by anil686
Fri Jul 28, 2017 3:07 pm
Forum: Personal Finance (Not Investing)
Topic: help with the appraisal process
Replies: 21
Views: 1293

Re: help with the appraisal process

From personal experience in markets where homes are going above list (like in your case) - most of the time the talk is to reassure you that if the appraisal comes in 30 K lower than what you agreed - the reason you agreed is not the "value" of the house, it is all the intangibles: the community, sc...
by anil686
Thu Jul 27, 2017 11:34 pm
Forum: Investing - Theory, News & General
Topic: Barron's: Vanguard’s Bossing the Bond Game
Replies: 6
Views: 1117

Re: Barron's: Vanguard’s Bossing the Bond Game

Barron's highlighted Vanguard's sheer domination in the fixed income space (both domestic and int'l) in this article: http://www.barrons.com/articles/vanguards-bossing-the-bond-game-1501104229 Total Bond Market II ? Is that some institutional only variant? I believe that is the bond fund used in al...
by anil686
Thu Jul 27, 2017 7:31 pm
Forum: Personal Consumer Issues
Topic: From Chi-Midway: Taxi, Uber, Lyft, or other?
Replies: 26
Views: 2102

Re: From Chi-Midway: Taxi, Uber, Lyft, or other?

I normally use Lyft - because I tip the driver but now you can do that from the Uber app as well. Both are interchangeable to me and I have used them at both O'Hare and Midway without issues. I also agree the pickup part of the Lyft app at airports (IMHO) is better than Uber... One thing that is an ...
by anil686
Thu Jul 27, 2017 4:49 pm
Forum: Investing - Theory, News & General
Topic: U.S. Stock Market — My, How You’ve Changed!
Replies: 52
Views: 5415

Re: U.S. Stock Market — My, How You’ve Changed!

I did not take the OP's point (not the graphic) as an attack on cap weighted indexing. Rather that valuations of companies are different today (maybe by necessity but somebody else can weigh in on that) than in the past. For example, SNAP - when it launched as an IPO was worth more than Southwest Ai...
by anil686
Sun Jun 25, 2017 8:46 pm
Forum: Personal Consumer Issues
Topic: [Sam's Club, Costco, BJ's, and other wholesaler clubs]
Replies: 274
Views: 14563

Re: Sam's Club vs. Costco

I have memberships to both - and agree with much of the above. I probably would not drive the 90 minutes to Costco but the quality is superior to Sam's IMO. However, Sam's has quality meat on par with a good grocery store (in house butchers as well). Good deals on similar brand name products and qui...
by anil686
Thu Jun 08, 2017 2:44 pm
Forum: Investing - Theory, News & General
Topic: Does anyone feel they missed out on AMZN, NFLX,TSLA?
Replies: 103
Views: 7635

Re: Does anyone feel they missed out on AMZN, NFLX,TSLA?

3 comments to your post a). Yes - I feel I missed out. They did not seem risky sounds like hindsight bias to me. TSLA always looked like their valuation was stretched from the get go. It really underplays TSLA's volatility during it's rise. Amazon is probably the easy one to say it did not feel risk...
by anil686
Fri May 26, 2017 8:42 am
Forum: Personal Finance (Not Investing)
Topic: New car doc fees
Replies: 42
Views: 3134

Re: New car doc fees

There is (was) a cost to do the paperwork. I have no doubt there is work in doing that - but the reason the doc fee is capped is to not make it egregious. The max doc fee a state allows would probably be based (IMO) for a very small dealer (perhaps used) that has very few employees and little comput...
by anil686
Fri May 19, 2017 5:14 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard Information Technology - VGT or VITAX
Replies: 50
Views: 3859

Re: Vanguard Information Technology - VGT or VITAX

Also thought of an IT tilt but thought the addition of Amazon and Tesla would be good too - question for the OP - why not VG growth index - it pretty much copies the IT index minus Microsoft but adds Amazon - of course you also get Disney and down the list Tesla?
by anil686
Thu May 11, 2017 9:37 pm
Forum: Investing - Theory, News & General
Topic: Muni risks other than interest rates
Replies: 7
Views: 1209

Re: Muni risks other than interest rates

Timely post - this guest with Barry Ritholtz goes through some risks like default risk and issues with tax rates and their effects or potential effects on the muni bond market. The guest is a municipal bond manager at JP Morgan. Note - there is a fair amount of political speculation that goes along ...
by anil686
Wed May 10, 2017 6:06 pm
Forum: Personal Consumer Issues
Topic: Sunscreen for men in office environment
Replies: 25
Views: 3304

Re: Sunscreen for men in office environment

I use the neutragena as well - it is not the sunscreen - it is the moisturizer. It is not greasy and dries fast. Has no smell and so works with the aftershave I use.
by anil686
Wed May 10, 2017 6:03 pm
Forum: Investing - Theory, News & General
Topic: Performance chasing... vs staying the course
Replies: 9
Views: 986

Performance chasing... vs staying the course

I contribute monthly to my taxable account and have been for a while - TSM and TISM per my IPS. However, I have began to wonder why I don't allocate more to tech heavy growth index fund. I rationalize this as less dividends/more tax efficient. But the bottom line is I think I am performance chasing....
by anil686
Sun May 07, 2017 4:49 pm
Forum: Investing - Theory, News & General
Topic: Are indexed funds overblown?
Replies: 89
Views: 7349

Re: Are indexed funds overblown?

for those interested in the answer to how much indexing is too much - please listen to the podcast with Barry Ritholz and Andrew Lo - they discuss this. According to Lo, more than 92% would have to index to be too much. In addition, he had some interesting ideas that it would be more beneficial for ...
by anil686
Thu May 04, 2017 7:01 pm
Forum: Investing - Theory, News & General
Topic: Any argument for NOT using total market/bond funds in taxable account?
Replies: 23
Views: 1764

Re: Any argument for NOT using total market/bond funds in taxable account?

This is an argument presented from the side of segmenting into various style-specific funds: “we know that it works. Style investing helps to diffuse (but not eliminate) risk. Scads of data show that...style investing allows you to take advantage of years of other data that indicate you can goose r...
by anil686
Thu May 04, 2017 6:36 pm
Forum: Investing - Help with Personal Investments
Topic: Pension vs 401k
Replies: 33
Views: 2653

Re: Pension vs 401k

There was a Masters in Business podcast (the last one I think) - you can find them on iTunes with Barry Ritholtz (spelling) where he had Meir Statman - a professor in behavioral economics. They discussed pensions versus 401Ks and Statman said that companies typically contributed 8% of an employee's ...
by anil686
Thu May 04, 2017 3:07 pm
Forum: Personal Finance (Not Investing)
Topic: Buying a luxury car (how dumb would it be to do this?)
Replies: 216
Views: 20797

Re: Buying a luxury car (how dumb would it be to do this?)

I would go ahead and get would I would like in your position. Just from experience, I would look for a really good local mechanic that works on a BMW to help with maintenance and repairs. One thing I dislike about BMW is the maintenance "free" thing - they include routine maintenance but o...
by anil686
Tue May 02, 2017 6:29 pm
Forum: Personal Consumer Issues
Topic: Minimalist May
Replies: 21
Views: 2272

Re: Minimalist May

Walking with my dog is always near the top of my list (I do buy frisbees every few years to replace the worn out ones so I left dog frisbee off the list). I really enjoy reading e-books from the library - our library now has a large selection. Napping is also one of my favorite hobbies - can't ever ...
by anil686
Sun Apr 30, 2017 7:24 pm
Forum: Personal Consumer Issues
Topic: Buying couches the Boglehead way
Replies: 36
Views: 4681

Re: Buying couches the Boglehead way

Have one of both from the companies listed in the above posts - have one from Costco that is great five years in - holding up well, all leather and is very comfortable. In fact, there was a defect in one of the cushions with a hole and Costco sent a third party vendor over to the house to sew it up ...
by anil686
Sun Apr 30, 2017 7:21 pm
Forum: Investing - Help with Personal Investments
Topic: Can you take these Core funds and Create a Three Fund Portfolio?
Replies: 29
Views: 3135

Re: Can you take these Core funds and Create a Three Fund Portfolio?

The TR trust funds are really cheap - it would be an easy way to keep your taxable account in equities and change your bond allocation easily by switching the TR fund choices. Better yet, if you only want 25% international - only invest in TSM in the taxable account since 40% of the TR fund equities...
by anil686
Sun Apr 30, 2017 1:25 pm
Forum: Investing - Theory, News & General
Topic: Another "Why Bonds?" / Buffett 90/10 thread..
Replies: 66
Views: 8641

Re: Another "Why Bonds?" / Buffett 90/10 thread..

Thanks for posting this - I think about this a lot. I think it depends a lot more on your expenses and savings rate than it does an actual AA IMO. If your SWR would be under 3% - it probably seems to work well and probably really well with a SWR under 2%. If your SWR is higher - I think it is harder...
by anil686
Sat Apr 29, 2017 11:09 am
Forum: Investing - Help with Personal Investments
Topic: Taxable account question. PRBLX POGRX
Replies: 2
Views: 427

Re: Taxable account question. PRBLX POGRX

Question for a taxable account. I have 80% of my taxable account money in PRBLX. How efficient is this fund for a taxable account? I know its not as efficient as an index fund but i love the funds objective to not lose money. It appears to be more efficient than alot of managed funds. I have the ad...
by anil686
Sat Apr 29, 2017 10:51 am
Forum: Investing - Help with Personal Investments
Topic: Help Choosing Company 401k Fund Menu
Replies: 16
Views: 700

Re: Help Choosing Company 401k Fund Menu

Heh. Can you recommend such a fund? One that pays anywhere near a discernible return, that is... Sorry, I cannot nor would I want to use one. But a 401(k) plan needs options for people not like me. Livesoft is right - you should talk to the advisor about a SV fund. Our plan has it - I do not use it...
by anil686
Fri Apr 28, 2017 10:24 am
Forum: Personal Consumer Issues
Topic: water softener for whole house?
Replies: 28
Views: 2729

Re: water softener for whole house?

I had a Fleck for five years in Indiana with well water which was very hard. I researched it well back in 2005 and chose that since it seemed to be used by a variety of businesses - especially resorts and hotels with a great reputation. Bought it online from a retailer and had a local plumber versed...
by anil686
Fri Apr 28, 2017 10:14 am
Forum: Investing - Help with Personal Investments
Topic: My Small Business 401k
Replies: 5
Views: 476

Re: My Small Business 401k

You should probably have a fidicuiary - if you switch to Vanguard/Ascensus - you can ask them for a list of advisors they work with in the area. I did this for our VG small business plan we switched to from an LPL small business 401K four years ago. VG listed 8 advisors in the area they worked with ...
by anil686
Thu Apr 27, 2017 7:43 am
Forum: Investing - Theory, News & General
Topic: Vanguard New Lower ER .04%
Replies: 56
Views: 6231

Re: Vanguard New Lower ER .04%

I logged in on the app and VTSAX was still 0.05% for the ER under the fund profile - maybe the app will take longer to change?
by anil686
Wed Apr 26, 2017 8:41 pm
Forum: Personal Consumer Issues
Topic: How to find a good local mechanic?
Replies: 19
Views: 1169

Re: How to find a good local mechanic?

... have a AAA membership and have thought about looking at their approved mechanic list .... Be careful with AAA. Don't know about Texas but around here AAA-Mid-Atlantic has really gone downhill. For years the designated AAA Road service garage was an actual honest and competent local garage. But,...
by anil686
Wed Apr 26, 2017 6:49 pm
Forum: Personal Consumer Issues
Topic: How to find a good local mechanic?
Replies: 19
Views: 1169

Re: How to find a good local mechanic?

Thanks for the advice! Appreciated
by anil686
Wed Apr 26, 2017 6:13 pm
Forum: Personal Consumer Issues
Topic: How to find a good local mechanic?
Replies: 19
Views: 1169

How to find a good local mechanic?

Where I live, many people are using their dealer for service. I am tired of suggested repairs outside of the maintenance schedule and so typically decline them but between waiting for a long time, having the sales pressure to do something and then the nagging feeling that I may be irrationally decli...
by anil686
Mon Apr 24, 2017 11:14 am
Forum: Personal Consumer Issues
Topic: Will cars be autonomous in three years?
Replies: 225
Views: 14141

Re: Will cars be autonomous in three years?

Tesla already says theirs are at least semi- autonomous but limited by jurisdiction of what is allowed. Ford promises an autonomous car by 2021 - that should give you a good guidepost - it will be when at least 50% of the car manufacturers (IMO) get there to be enough industry push for it. That is p...
by anil686
Sun Apr 23, 2017 8:03 pm
Forum: Personal Consumer Issues
Topic: Orlando Disneyland advice
Replies: 21
Views: 1936

Re: Orlando Disneyland advice

Been many times and typically go once per year - to start with your questions: 1) standard ticket is one park per day - park hopper allows you to go in between parks. 2) typically a whole day at Magic kingdom with kids your age since there a lot of shows/parades/rides for all ages. it is a long day ...
by anil686
Sun Apr 23, 2017 10:27 am
Forum: Personal Finance (Not Investing)
Topic: Any regrets living a frugal life for high income/high networth individuals?
Replies: 170
Views: 21953

Re: Any regrets living a frugal life for high income/high networth individuals?

Yes - 1) Waiting too long to remodel a house. Thus, right before we sell the house, we add paint or get a new appliance to replace one that is not working well and wish we would have done that sooner so we would have enjoyed it. That comes because my spouse and I don't like spending money and can &q...
by anil686
Sun Apr 23, 2017 6:36 am
Forum: Personal Finance (Not Investing)
Topic: A Little History [from old bank statements]
Replies: 15
Views: 2021

Re: A Little History

Howdy Point taken. However, 5 year CD s now are running 2.5%. Paying off that mortgage is still a pretty reasonable idea. W B My point is that the current rate is not the only one to consider. What will the rates be 5 years from now, or 10 years? We don't know the answer to that. However, from a hi...
by anil686
Sat Apr 22, 2017 9:00 pm
Forum: Investing - Theory, News & General
Topic: Index investing question
Replies: 22
Views: 1869

Re: Index investing question

So as you can see, about 1/12 of equity assets are indexed. I think this figure is off. Vanguard funds alone own close to 1/12 of AAPL. They're not quite there yet, but at the pace Vanguard is gathering assets currently, they'll be there in a couple of years. this data is from 2014 - the most recen...
by anil686
Fri Apr 21, 2017 11:29 pm
Forum: Investing - Help with Personal Investments
Topic: Is this the right Fund for Metals?
Replies: 7
Views: 1099

Re: Is this the right Fund for Metals?

Hi, Im relatively new to investing and recently decided to add precious metals to my portfolio, I was wondering if this is the right fund to go into (VGPMX). Also, if I wanted to get into gold, what is the best way to do it on Vanguard? Thanks Leo Vanguard Precious Metals and Expense Fund (VGPMX) i...
by anil686
Fri Apr 21, 2017 10:36 pm
Forum: Investing - Theory, News & General
Topic: Index investing question
Replies: 22
Views: 1869

Re: Index investing question

You should really google bogleheads what if everybody indexed - that will let you know everything you need. Suffice it to say - even with the "trend" to index that you point out - about 1/3 of mutual fund assets are indexed (and to different indices) - and mutual funds make up 1/4 of equit...
by anil686
Thu Apr 20, 2017 9:03 pm
Forum: Personal Consumer Issues
Topic: Should I purchase Apple Care for my new Apple Watch?
Replies: 25
Views: 2617

Re: Should I purchase Apple Care for my new Apple Watch?

My spouse dropped one on the face on hardwood and it shattered - we had apple care - cost was $69 plus tax to fix. After 3 mos - there is warranty. Credit card doubles the warranty - six months. Again you decide. I have a 2.5 year old original watch - going strong - has not broken - wasted apple car...
by anil686
Sun Apr 16, 2017 12:41 pm
Forum: Personal Consumer Issues
Topic: New phone..any advantages to buying at Costco?
Replies: 24
Views: 7679

Re: New phone..any advantages to buying at Costco?

Shop Discover has Apple as a 5% cash back retailer - I normally order my phone through Apple since the price is fixed and save the 5% - ships to your house as well...
by anil686
Sun Apr 16, 2017 12:09 pm
Forum: Investing - Theory, News & General
Topic: International Portfolio Tilt
Replies: 18
Views: 2217

Re: International Portfolio Tilt

I agree with the OP's thinking to a point. One of the issues, though, with valuations for a US investor in an international index is that it is done in home currency. To some extent, this a currency play on the strong US dollar. For example, the MSCI ex-USA index in 2015 in home currency showed a po...