Search found 4816 matches

by bertilak
Thu Sep 29, 2016 8:18 am
Forum: Personal Finance (Not Investing)
Topic: Sorry, but tell [me] what to do with my mortgage
Replies: 20
Views: 1442

Re: Sorry, but tell what to do with my mortgage

Paying down the debt is a guaranteed return. Investing only promises an expected return, not a guaranteed return and all that happens only if the market doesn't crash. I can think of times when I would rather have debt than invest, but I can't think of any example where it is actually "wrong&q...
by bertilak
Thu Sep 29, 2016 8:00 am
Forum: Personal Consumer Issues
Topic: Request for recommendations: English Mystery TV series
Replies: 76
Views: 4328

Re: Request for recommendations: English Mystery TV series

Not sure if this series fits into your category, but I found The Night Manager (NM) enjoyable in six one-hour installment. It's on Amazon, produced by AMC. http://www.imdb.com/title/tt1399664/ Other than several leap of faith moments, it was great series based on a novel by John Le Carre, such as N...
by bertilak
Thu Sep 29, 2016 7:54 am
Forum: Investing - Help with Personal Investments
Topic: Should I change my AA?
Replies: 1
Views: 121

Re: Should I change my AA?

I think that taking some of your winnings off the table by reducing your equity exposure is a reasonable idea, but I think your existing portfolio is very conservative already, especially considering that large emergency fund. I would count that emergency fund as part of your fixed income allocation...
by bertilak
Wed Sep 28, 2016 6:54 pm
Forum: Investing - Help with Personal Investments
Topic: Anyone feel like ripping this asset allocation to shreds?
Replies: 33
Views: 1468

Re: Anyone feel like ripping this asset allocation to shreds?

I don't know if it is just this form's general stance or if there is actually intelligent minds out there that are not pushing gold. Could be both at once. Yes, gold does diversify your holdings. BUT -- there is a theory that diversification is no good, or at least (way) less than optimal, if each ...
by bertilak
Wed Sep 28, 2016 10:48 am
Forum: Investing - Theory, News & General
Topic: Vanguard Prime Money Market strange transactions
Replies: 14
Views: 1790

Re: Vanguard Prime Money Market strange transactions

Doc wrote:Everything is probably OK but the notification/documentation sucks.

Yup!

My accounts are all straightened out now. As mentioned just above, I did need to initiate a sale of VMMXX.

The variety of transition states and messages was a bit confusing.
by bertilak
Wed Sep 28, 2016 10:46 am
Forum: Investing - Theory, News & General
Topic: Vanguard Prime Money Market strange transactions
Replies: 14
Views: 1790

Re: Vanguard Prime Money Market strange transactions

So, it seems this is part of switching to a new settlement fund. My guess is that in the "available balance" section both VMMXX and the matching debit will disappear to be replaced with VMFXX. I don't know if they will then (automatically) sell my VMMXX holding or not. We'll see. I now kn...
by bertilak
Sat Sep 24, 2016 3:18 pm
Forum: Investing - Theory, News & General
Topic: How can markets be efficient if home prices are higher in the spring?
Replies: 50
Views: 1766

Re: How can markets be efficient if home prices are higher in the spring?

I have a decision to make about whether to sell now or wait until spring. Every Boglehead fiber in my body says to just sell it now, because the market price is the market price. But every realtor says I'm an idiot, and they don't really have any incentive to tell me NOT to pay them their fat commi...
by bertilak
Sat Sep 24, 2016 7:01 am
Forum: Investing - Theory, News & General
Topic: How can markets be efficient if home prices are higher in the spring?
Replies: 50
Views: 1766

Re: How can markets be efficient if home prices are higher in the spring?

I think nearly all the answers above are right but there are some things I haven't seen mentioned: ⋅ On average, buyers may actually value a "spring house" higher. Shopping in in April/May for a June/July move-in does not disrupt a child's school year. I suspect a significant per...
by bertilak
Fri Sep 23, 2016 12:13 pm
Forum: Investing - Help with Personal Investments
Topic: Settlement fund with new Vanguard system question
Replies: 4
Views: 757

Re: Settlement fund with new Vanguard system question

Ok.. so Vanguard upgraded me to their new account system and I have the Federal MMF as a settlement account within my brokerage account. I sold stock on the 20th and have a settlement date of the 23rd (today). The full dollar amount is shown as "available $$ to trade" but the settlement f...
by bertilak
Wed Sep 21, 2016 6:05 pm
Forum: Investing - Help with Personal Investments
Topic: Lump sum investment vs smaller sums over time
Replies: 13
Views: 552

Re: Lump sum investment vs smaller sums over time

If he invests the money in 5 installments over 5 weeks and lets it grow for 10 years vs. 1 year, the effect of missed 4 weeks will be greatly reduced, right? True, but a few points: ⋅ By averaging I presume you are trying to minimize putting your money at risk for a while. ⋅ Ave...
by bertilak
Tue Sep 20, 2016 7:11 pm
Forum: Personal Consumer Issues
Topic: Losing cell phone memory; not sure why or how to stop it!
Replies: 10
Views: 732

Re: Losing cell phone memory; not sure why or how to stop it!

I have found that cache management on my phone is ineffective. My 16 meg phone started complaining about being out of memory. I was thinking of upgrading to a newer phone with 32 meg but since I figured out how to clear the cache the phone has stopped complaining about being out of memory. Here's ho...
by bertilak
Mon Sep 19, 2016 12:37 pm
Forum: Investing - Help with Personal Investments
Topic: Cash for RMDs?
Replies: 10
Views: 961

Re: Cash for RMDs?

Hello Folks, In two years I will be required to start withdrawing the RMDs from our retirement investments. The bucket theory approach to withdrawals would advise that I have two to three years of needed funds in cash or short term bonds. So I have been thinking about not reinvesting earnings to al...
by bertilak
Mon Sep 19, 2016 12:04 pm
Forum: Personal Consumer Issues
Topic: Cities like New Orleans?
Replies: 112
Views: 5197

Re: Cities like New Orleans?

Anyone interested in New Orleans has probably already read A Confederacy of Dunces by John Kennedy Toole. If not, you should -- it won a Pulitzer Prize. It might help you decide if you will like the place. I have been to New Orleans only once, for three or four days. I found it fun during the day an...
by bertilak
Mon Sep 19, 2016 10:32 am
Forum: Investing - Theory, News & General
Topic: Adam Bold's Mutual Fund Stores & Mutual Fund Show (R.I.P.???)
Replies: 4
Views: 804

Re: Adam Bold's Mutual Fund Stores & Mutual Fund Show (R.I.P.???)

I had some money in The Mutual Fund Store, back before I found Bogleheads. I too found out about this from the radio show on my commute home from work. They set me up in eight funds covering the following classes: ⋅ 10% High yield bonds ⋅ 15% Large Value stocks ⋅ 35% La...
by bertilak
Fri Sep 16, 2016 12:44 pm
Forum: Investing - Theory, News & General
Topic: An "out of sample" test of two specific factor-based portfolios published pre-2008
Replies: 76
Views: 5045

Re: Nisiprius

Nisiprius: Thank you for your latest post which, I know, requires knowledge and time to prepare. Lesson learned: When there is more than one road to Dublin -- choose the simplest (and less costly). Best wishes. Taylor Also, the fastest road is not always the best. You want a road less likely to put...
by bertilak
Fri Sep 16, 2016 12:28 pm
Forum: Investing - Theory, News & General
Topic: Nisiprius Investments Unveils New MDF Factor-Based Fund
Replies: 44
Views: 2980

Re: Nisiprius Investments Unveils New MDF Factor-Based Fund

Munir wrote:Where do I sign up? :mrgreen:

Since it is an imaginary fund you can simply pretend do invest and get all the benefits of the fund. You can even leverage your investment!
by bertilak
Fri Sep 16, 2016 12:16 pm
Forum: Investing - Help with Personal Investments
Topic: Personal Capital
Replies: 38
Views: 5942

Re: Personal Capital

I've gotten two calls, I believe. Both were polite and brief. I may get occasional calls in the future but expect them to be similar. I used to get calls (2? 3?) and they have stopped long ago. At first I didn't connect them with my infrequent use of some web page. I didn't even recognized the name...
by bertilak
Thu Sep 15, 2016 12:44 pm
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 1904
Views: 449534

Re: What Movie Have You Recently Watched?

MrNewEngland wrote:I recently rewatched The Big Lebowski and I forgot how much I loved that movie.

Yeah well, that's just, ya know, like, your opinion, man.

(Mine too!)
by bertilak
Wed Sep 14, 2016 7:30 pm
Forum: Personal Consumer Issues
Topic: Favorite Coffee
Replies: 137
Views: 8066

Re: Favorite Coffee

Hands down Jamaican Blue Mountain. I wish they came in kcups. Where do you get Jamaican Blue Mountain and how much does it cost? Todd Carmichael, he owner of La Columbe Coffee has (had?) a TV show called Dangerous Grounds. It was a travelogue of his search for exotic coffees for his business to sel...
by bertilak
Wed Sep 14, 2016 12:03 pm
Forum: Investing - Theory, News & General
Topic: "Factor investing"
Replies: 192
Views: 12659

Re: "Factor investing"

Is the following true? Factor investing is about changing the shape of the risk vs. return curve. Overall risk/return is (perhaps) not changed but "fat tails" at both ends are reduced. That much I can believe is possible. Now IF that's true and IF your concern is more about "what's th...
by bertilak
Tue Sep 13, 2016 11:46 am
Forum: Personal Consumer Issues
Topic: What Book Are You Currently Reading? Part VI
Replies: 1860
Views: 454452

Re: What Book Are You Currently Reading? Part VI

Gentlemen Prefer Blondes (1925) by Anita Loos This is a wonderful little book. It is in the form of a diary by the self-centered but lovable 25-year-old Lorelei Lee. She comes across as a strange mix of scheming and naive. She does understand men quite well! When Lorelei concocts a particularly cle...
by bertilak
Tue Sep 13, 2016 9:35 am
Forum: Personal Finance (Not Investing)
Topic: Should I cancel some credit cards?
Replies: 6
Views: 576

Re: Should I cancel some credit cards?

Two things to consider: ⋅ Credit scores are affected by the credit card age. Older is better. (Or at least the oldest one matters, not sure but that is listed on my credit report.) ⋅ Overall percentage of available revolving credit in use matters. This is mostly credit cards. The...
by bertilak
Sun Sep 11, 2016 6:10 pm
Forum: Investing - Help with Personal Investments
Topic: How do I do tax loss harvesting?
Replies: 5
Views: 544

Re: How do I do tax loss harvesting?

I transferred from an advisor that had me in Vanguard ETF's to Vanguard proper (and thus am managing assets myself) in November and I failed to tax loss harvest earlier this year when stocks were significantly down. Friday was a RBD (really bad day) and thus it seems likely that I should tax loss h...
by bertilak
Sun Sep 11, 2016 8:49 am
Forum: Investing - Theory, News & General
Topic: "Factor investing"
Replies: 192
Views: 12659

Re: Diversification: The Good. The Bad,

Taylor Larimore wrote:This does not apply to you, but we must also remember:
Mr. Bogle wrote:"Diversification is the last refuge of the scoundrel."

Taylor,

That quote surprises me. Can you tell me where it came from? Was it in some special context?
by bertilak
Sun Sep 11, 2016 8:42 am
Forum: Investing - Theory, News & General
Topic: "Factor investing"
Replies: 192
Views: 12659

Re: "Factor investing"

Kevin I'm giving a talk at our national conference next month based on my new book Your Complete Guide to Factor Based Investing. Here's how I end the talk, with words of caution. First, as we have discussed, all factors, including the ones i have recommended, have experienced long periods of under...
by bertilak
Fri Sep 09, 2016 10:55 am
Forum: Investing - Theory, News & General
Topic: "Factor investing"
Replies: 192
Views: 12659

Re: "Factor investing"

It's not about trying to beat the market, but investing in an asset class that provides more return for more risk. It can sometimes be hard to make out exactly what factor advocates are claiming. ... Nisi, Thanks for that post. It has put a little meat behind my vague misgivings about factor invest...
by bertilak
Wed Sep 07, 2016 5:59 pm
Forum: Personal Finance (Not Investing)
Topic: "Letter of Final Instructions"
Replies: 45
Views: 5742

Re: "Letter of Final Instructions"

One point. I don't think passwords are appropriate, at least for financial institutions. It is, I think against the "rules" you agree to when setting up the online account or even against the law to sign on as if you were the deceased. One could, for example, empty out the account to bypas...
by bertilak
Wed Sep 07, 2016 5:43 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Prime Money Market strange transactions
Replies: 14
Views: 1790

Re: Vanguard Prime Money Market strange transactions

There is now a note on both accounts: "A change in settlement fund is in progress for this account."
by bertilak
Wed Sep 07, 2016 10:37 am
Forum: Personal Consumer Issues
Topic: What Book Are You Currently Reading? Part VI
Replies: 1860
Views: 454452

Re: What Book Are You Currently Reading? Part VI

I previously read the first four of Patricia Highsmith's five Ripley novels. Now I have finished the fifth and final one: Ripley Under Water . The five were written over a thirty six year period: 1955 to 1991. As mentioned in my previous review (linked above) I was somewhat disappointed in the fourt...
by bertilak
Wed Sep 07, 2016 7:18 am
Forum: Investing - Theory, News & General
Topic: Vanguard Prime Money Market strange transactions
Replies: 14
Views: 1790

Re: Vanguard Prime Money Market strange transactions

And just in case ... are you really sure? Can you look again please? Wait! Wait! You are right! VMMXX shows up TWICE with the same amount each time. It is in both the available amounts section and in the holdings section. So, it seems this is part of switching to a new settlement fund. My guess is ...
by bertilak
Wed Sep 07, 2016 7:08 am
Forum: Investing - Theory, News & General
Topic: Vanguard Prime Money Market strange transactions
Replies: 14
Views: 1790

Re: Vanguard Prime Money Market strange transactions

I bet it has something to do with your brokerage accounts being upgraded. As part of that upgrade, whether you requested it or not, you'll have a new settlement fund, the Vanguard Federal Money Market fund, in your brokerage account. I can't explain exactly what happened with your "non-transac...
by bertilak
Wed Sep 07, 2016 7:03 am
Forum: Investing - Theory, News & General
Topic: Vanguard Prime Money Market strange transactions
Replies: 14
Views: 1790

Re: Vanguard Prime Money Market strange transactions

If the previous "available balance" was positive, but now it is zero, wouldn't that mean there has to be a credit someplace otherwise the overall account value would have changed. Yes one would think so, and if there was I wouldn't have had any reason to post! Things are inconsistent. In ...
by bertilak
Wed Sep 07, 2016 5:50 am
Forum: Personal Consumer Issues
Topic: Free Windows 10 Upgrade, Yes or No?
Replies: 533
Views: 65429

Re: Free Windows 10 Upgrade, Yes or No?

Except for a few comparability issue, Windows 10 is a great distro to stay with. I upgraded all computers and laptops in my home. Same here except I don't have any compatibility issues I didn't already have with Win 8.1, mainly OneDrive not playing nice with some things. Cosmetically it has also im...
by bertilak
Wed Sep 07, 2016 5:32 am
Forum: Investing - Theory, News & General
Topic: Vanguard Prime Money Market strange transactions
Replies: 14
Views: 1790

Vanguard Prime Money Market strange transactions

The settlement fund for my IRA and taxable accounts with Vanguard is the Prime Money Market fund (VMMXX). VMMXX had a positive balance in both cases. This morning Vanguard shows, for both IRA and taxable: ⋅ A purchase of VMMXX for the exact amount already held but the total amount of VMMXX...
by bertilak
Tue Sep 06, 2016 1:00 pm
Forum: Investing - Theory, News & General
Topic: Ric Edelman's The Truth about Retirement on PBS
Replies: 142
Views: 12148

Re: Ric Edelman's The Truth about Retirement on PBS

On the other hand, with a paid off mortgage you've tied up a lot of your capital in an illiquid investment that doesn't return much according to national averages. A house is a net loss after carrying costs for a lot of people. The "net loss" needs to be offset by the fact that the house ...
by bertilak
Tue Sep 06, 2016 7:59 am
Forum: Investing - Help with Personal Investments
Topic: How do you calculate your expected expenses in retirement?
Replies: 18
Views: 2901

Re: How do you calculate your expected expenses in retirement?

Before my husband retired I looked at the average of out last three years of expenses on Quicken. After the 401K and any other regular investments all our income and expenses were from a single checking account. I took the statement and categorized the expenses, fixed vs flexible. This told us we c...
by bertilak
Mon Sep 05, 2016 6:37 pm
Forum: Investing - Theory, News & General
Topic: Ric Edelman's The Truth about Retirement on PBS
Replies: 142
Views: 12148

Re: Ric Edelman's The Truth about Retirement on PBS

Which brings me to my objection over some assuming that anyone who retires with a mortgage is either insane or used their house like an ATM. Of course it'd better to retire with no debt, but it's also better to never get divorced, never to pick the wrong partner, and to never make a decision which ...
by bertilak
Mon Sep 05, 2016 4:39 pm
Forum: Investing - Theory, News & General
Topic: Ric Edelman's The Truth about Retirement on PBS
Replies: 142
Views: 12148

Re: Ric Edelman's The Truth about Retirement on PBS

It is the equivalent of income -- it reduces negative cash flow resulting in increased positive cash flow, an increase that is guaranteed (riskless) and tax free. Okay. First time I've heard that term used in this context. I'm guess going to generate some guaranteed, riskless, tax-free income-equiv...
by bertilak
Mon Sep 05, 2016 2:43 pm
Forum: Investing - Theory, News & General
Topic: Ric Edelman's The Truth about Retirement on PBS
Replies: 142
Views: 12148

Re: Ric Edelman's The Truth about Retirement on PBS

Paying off your mortgage is not "spending" anything. You aren't paying the bank; you are paying yourself. You are merely shifting some of your net worth from one asset to another. Your total net worth does not changed. You are converting liquid, investable assets into illiquid uninvested ...
by bertilak
Mon Sep 05, 2016 1:23 pm
Forum: Investing - Theory, News & General
Topic: Ric Edelman's The Truth about Retirement on PBS
Replies: 142
Views: 12148

Re: Ric Edelman's The Truth about Retirement on PBS

The idea of being debt free at retirement is appealing if you want to do other things with the money - like buy more services and get more time for self, rent a beach home for the summer, travel. Becoming debt free by being more frugal might get you there. But becoming debt free by spending your as...
by bertilak
Mon Sep 05, 2016 10:42 am
Forum: Personal Consumer Issues
Topic: What Book Are You Currently Reading? Part VI
Replies: 1860
Views: 454452

Re: What Book Are You Currently Reading? Part VI

I read the first three of five Ripley Novels and now the fourth: The Boy Who Followed Ripley . This one is different: it shows Ripley in a more positive light. I found it less satisfying: the characters' motivations and actions didn't "click" with me. I kept expecting some twist that would...
by bertilak
Mon Sep 05, 2016 8:28 am
Forum: Investing - Theory, News & General
Topic: Simplifying portfolio for less involved spouse?
Replies: 19
Views: 2208

Re: Simplifying portfolio for less involved spouse?

I created a one-page summary. It has: ⋅ List of all investment accounts (three of them: trad IRA, Roth IRA, taxable) and the mutual funds in each. All are at Vanguard. This is in a tabular form with target percentages for each fund. ⋅ List of events that would require some action...
by bertilak
Mon Sep 05, 2016 7:35 am
Forum: Personal Consumer Issues
Topic: Trip to Germany
Replies: 22
Views: 1804

Re: Trip to Germany

Be sure to call your ATM bank and your credit cards to let them know that you will be traveling or your charges may be declined. The may even need to issue you a new card. It was two years ago when I went to Germany and AMEX had to issue me a new card, but that was before I had a chip card. The new...
by bertilak
Sun Sep 04, 2016 8:56 am
Forum: Investing - Theory, News & General
Topic: Asness - Indexing Is Capitalism at Its Best
Replies: 8
Views: 1468

Re: Asness - Indexing Is Capitalism at Its Best

Indexing is not about politics of communism or capitalism. It's about realizing that getting what the market returns without being ripped off by a middle man is good enough. And no way no how is everyone going to index as I'm waiting to start actively trading exactly when everyone else indexes. Tha...
by bertilak
Sat Sep 03, 2016 8:21 am
Forum: Investing - Help with Personal Investments
Topic: How do I take full advantage of a Roth IRA
Replies: 60
Views: 3840

Re: How do I take full advantage of a Roth IRA

I did hear this. But all the research I have done lately has been very anti-401k, so it made me very nervous that I had invested in it in the first place. Being "anti-401(k)" is not a reasonable position as there are MANY 401(k)s that are quite different from each other. ⋅ Some ...
by bertilak
Fri Sep 02, 2016 11:15 am
Forum: Personal Consumer Issues
Topic: Email Service Provider
Replies: 41
Views: 2220

Re: Email Service Provider

Gmail. Love the 15gig of free storage, and back up a lot of files to Google Drive. Google calendar is great too, and synchs with no issues to my iPhone. I recognize two kids of email -- email I delete, with or without dealing with it, and email I keep. The stuff I keep gets downloaded to my PC wher...
by bertilak
Fri Sep 02, 2016 9:05 am
Forum: Personal Consumer Issues
Topic: Email Service Provider
Replies: 41
Views: 2220

Re: Email Service Provider

OP: On the topic of picking an email provider, my suggestion would be to spend 5 minutes thinking about & prioritizing the Top X things that are important to you and down select from that. Yeah, I am beginning to see the advantages of leaving things as they are. Also, I have MANY people, places...
by bertilak
Fri Sep 02, 2016 8:27 am
Forum: Personal Consumer Issues
Topic: Email Service Provider
Replies: 41
Views: 2220

Re: Email Service Provider

I prefer Outlook.com (not hotmail anymore) Ads! Just logged onto my Outlook.com mailbox. It complained about my adblocker. I tried to delete all the junk mail - it ignores the request. So much for OL email... I'll let them delete the account for lack of use going forward. Yeah, I noticed that too. ...
by bertilak
Fri Sep 02, 2016 8:21 am
Forum: Personal Consumer Issues
Topic: Email Service Provider
Replies: 41
Views: 2220

Re: Email Service Provider

You would do that NOT by creating an Outlook account and then trying to add it as an alias, but by logging in to your existing Microsoft account, clicking to add an alias, and then creating a new Outlook account there. I'm getting the picture! I will get back to this. It is turning out to be a both...

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