Search found 852 matches

by cinghiale
Thu Feb 11, 2016 12:44 pm
Forum: Investing - Help with Personal Investments
Topic: Thinking About When to Tax Loss Harvest (TLH)
Replies: 11
Views: 580

Thinking About When to Tax Loss Harvest (TLH)

I've been watching the current downturn with an eye to doing some tax loss harvesting (TLH). I would be selling one equity fund and buying another (though different enough to not run afoul of the rules). The current fund has been held for a while, so it would be a long-term capital loss. So, what's ...
by cinghiale
Wed Feb 10, 2016 1:50 pm
Forum: Personal Consumer Issues
Topic: The Retirement Problem: What Will You Do With All That Time?
Replies: 61
Views: 4535

Re: The Retirement Problem: What Will You Do With All That Time?

I'm not sure everyone needs such a detailed list as Victoria's . But, I do think some planning and some structure is good. I'm not deep enough into retirement to be an expert, but I like the idea of each day containing ample times of freedom and serendipity and some daily commitments (exercise?, soc...
by cinghiale
Fri Jan 29, 2016 11:37 pm
Forum: Investing - Help with Personal Investments
Topic: EJones Advisor wants to talk!
Replies: 84
Views: 6278

Re: EJones Advisor wants to talk!

It is difficult to get a man to understand something, when his salary depends on his not understanding it.”
--Upton Sinclair

I posted this on another thread dealing with favorite quotes. It is worth repeating.

Go with the wisdom of the many here on the forum. Skip the in-person meeting.
by cinghiale
Thu Jan 28, 2016 10:59 pm
Forum: Investing - Theory, News & General
Topic: What is your favorite Financial Quote or Metaphor??
Replies: 179
Views: 9395

Re: What is your favorite Financial Quote or Metaphor??

I'm surprised this hasn't made it yet: "It is difficult to get a man to understand something, when his salary depends on his not understanding it.” --Upton Sinclair A good one to keep in mind if you find yourself going toe-to-toe with a stockbroker or "financial advisor" who wants you...
by cinghiale
Sun Jan 03, 2016 10:23 pm
Forum: Investing - Help with Personal Investments
Topic: Mutual Shares question..
Replies: 5
Views: 500

Re: Mutual Shares question..

Back to the OP's original claim. S/he bought it 26 years ago. That's right around 1990. Franklin Funds bought Mutual Series funds in late 1996 or sometime into 1997. Where's the outperformance since that point ? Mutual Shares might have been a killer fund in the 1960s, 1970s, and 1980s. Max Heine, a...
by cinghiale
Sun Jan 03, 2016 2:28 pm
Forum: Investing - Help with Personal Investments
Topic: Mutual Shares question..
Replies: 5
Views: 500

Re: Mutual Shares question..

Thanks for the response, Sconie . Obviously, my search did not reach back as far as the Max Heine days. It may have been a stellar performer way-back-then. But it's been 30 years since the mid-1980s. Have you looked at the fund performance vis-a-vis the benchmarks since then? It looks to me like the...
by cinghiale
Sun Jan 03, 2016 2:09 pm
Forum: Investing - Help with Personal Investments
Topic: Mutual Shares question..
Replies: 5
Views: 500

Re: Mutual Shares question..

I have a question only slightly related to your main one. I'm curious because I was once a holder of the Mutual Shares fund (way back in the Michael Price era), and stuck with it for a long time after it was absorbed by the Franklin Funds group and the original shares were converted to the "Z S...
by cinghiale
Fri Jan 01, 2016 8:20 pm
Forum: Personal Finance (Not Investing)
Topic: First Day of Retirement
Replies: 32
Views: 3347

Re: First Day of Retirement

My official "last day" was December 18th, but I, like burt , am enjoying the first real day of retirement today. Since I was technically an employee through the end of the month, paid employment ended yesterday. I'll add something here I detailed in Victoria's "Roll Call for the Reire...
by cinghiale
Wed Dec 30, 2015 9:12 pm
Forum: Personal Consumer Issues
Topic: Which other 'must-read' websites and blogs do YOU read?
Replies: 42
Views: 6210

Re: Which other 'must-read' websites and blogs do YOU read?

Three absolutely deserve mention. I have mentioned each of these in past threads. All are "knowledge sites," and not tied to finances or investing: www.aldaily.com The one-stop shopping place for literary reviews, intriguing essays, and off-beat pieces. Sponsored by the Chronicle of Higher...
by cinghiale
Wed Dec 30, 2015 2:10 pm
Forum: Investing - Theory, News & General
Topic: madsinger monthly report (November 2015)
Replies: 5
Views: 1182

Re: madsinger monthly report (November 2015)

Brad , Thanks again for compiling this information and for posting it. As a long time Wellesley Income holder, I appreciate seeing how my cornerstone fund fares against lots of other allocation strategies within a menu of active and passive plans. It's an excellent "page at a glance" revi...
by cinghiale
Fri Dec 25, 2015 7:44 pm
Forum: Personal Finance (Not Investing)
Topic: [What will you do differently in] 2016
Replies: 62
Views: 6429

Re: [What will you do differently in] 2016

I'm part of Victoria's Retirement Class of 2015. I'm just one week out from my December 18th retirement day. In fact, the final paycheck is still to be deposited, as I am paid through the 31st. For 2016, we will see what life holds, what we do (for leisure, fulfillment, and personal growth and well-...
by cinghiale
Wed Dec 23, 2015 10:58 pm
Forum: Investing - Help with Personal Investments
Topic: Age in Bonds
Replies: 108
Views: 7874

Re: Age in Bonds

burt wrote: Age 60. Retiring end of year. My goal is to maintain my modest standard of living for 30 years. (maintain my take home pay for 30 years.) 30% stocks/ 70% bonds I think I've "won the game". No need, ability, or desire to take more risk. Ditto on the age. Ditto on the retirement...
by cinghiale
Tue Dec 22, 2015 7:54 pm
Forum: Investing - Theory, News & General
Topic: Remembering Fred Schwed
Replies: 8
Views: 958

Re: Remembering Fred Schwed

Thanks, Paul, for posting this. "Where Are the Customer's Yachts" remains a classic and a very entertaining read. I have a good friend who was a Schwed devotee and eschewed all stock investments. When we met, I was still years away from discovering Mr. Bogle's wisdom on what one could infl...
by cinghiale
Fri Dec 18, 2015 8:20 am
Forum: Local Chapters and Bogleheads Community
Topic: Roll Call for the Retirement Class of 2015!
Replies: 231
Views: 31132

Re: Roll Call for the Retirement Class of 2015!

What an amazing day! What a surreal and impressive cascade of feelings! I closed up my office, cleaned out my computer, handed in my keys, and said my final goodbyes yesterday. Today I have woken up to Day 1 of life beyond work. Lots of busy-- though fulfilling and enjoyable-- days ahead as the lead...
by cinghiale
Fri Dec 11, 2015 8:07 pm
Forum: Personal Consumer Issues
Topic: How to learn a second language
Replies: 103
Views: 8038

Re: How to learn a second language

I have had good luck requesting the Pimsleur courses via Interlibrary Loan. Yes, they are pricey, even when purchased used on Amazon or eBay. But it's hard to beat free. If you can plan ahead and be patient, and if your library can get them, Pimsleur provides an excellent core for both speaking and ...
by cinghiale
Thu Oct 15, 2015 7:42 pm
Forum: Investing - Theory, News & General
Topic: How/where have you learned the most?
Replies: 28
Views: 2476

Re: How/where have you learned the most?

For both knowledge and (especially) the reinforcement and retention of that knowledge, Taylor's Gems. It pays to go back to the classics and read the highlights that Taylor has drawn from them.

It has helped me avoid :oops: moments in investing.
by cinghiale
Wed Sep 30, 2015 5:35 pm
Forum: Local Chapters and Bogleheads Community
Topic: Roll Call for the Retirement Class of 2015!
Replies: 231
Views: 31132

Re: Roll Call for the Retirement Class of 2015!

Wow. I just reviewed this thread and saw that I "signed up" on January 6th. That was a milestone. Another milestone was submitting official notice with my employer. What a surreal and liberating experience that was!! It's "out there" now. My colleagues know. The powers-that-be ha...
by cinghiale
Wed Aug 19, 2015 4:00 pm
Forum: Investing - Theory, News & General
Topic: Cheap copy of Lange's Retire Secure 3rd Edition
Replies: 71
Views: 9352

Re: Cheap copy of Lange's Retire Secure 3rd Edition

Yes, this is a very generous offer, and I'm grateful ithe forum was made aware of it. I will note, though, that my phone number and e-mail were *required* to submit the order. I don't mind paying the modest shipping charge. I do mind having my contact information used for follow-up solicitation or, ...
by cinghiale
Wed Mar 18, 2015 6:51 pm
Forum: Investing - Theory, News & General
Topic: This Fund Manager Has Consistently Beaten the S&P 500
Replies: 18
Views: 3170

Re: This Fund Manager Has Consistently Beaten the S&P 500

Looking at the title of this thread, I am reminded of Bill Miller. He was the poster child for consistently beating the benchmarks until he crashed and burned. Do you know anyone who has invested with Miller since he fell from the perch?
by cinghiale
Thu Feb 12, 2015 6:06 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard's Recommended Portfolio
Replies: 36
Views: 6609

Re: Vanguard's Recommended Portfolio

BetaTracker wrote: I should explain that our allocation was created by looking at a combination of things, including our own records of household savings and expenditures. We also considered our retirement income needs and stomach for risk. After talking to the Vanguard advisor and running the numb...
by cinghiale
Thu Feb 12, 2015 11:13 am
Forum: Personal Consumer Issues
Topic: Boglehead indulgences?
Replies: 12
Views: 1671

Re: Boglehead indulgences?

A bottle of nicely decanted Bogle Phantom wine. It's a $16.00-$17.00 bottle that tastes like a $40.00-$50.00 one.

And, no, I'm not enamored with it just because the winery's name. :wink:
by cinghiale
Wed Feb 11, 2015 1:04 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard's Recommended Portfolio
Replies: 36
Views: 6609

Re: Vanguard's Recommended Portfolio

In his first post, the OP wrote: This is for a working couple with at least another ten years until we'll need this in retirement. Does anyone else get a bit uncomfortable with a 70-30 stock/bond split with only ten years before needing to draw from the assets? But then, later on, the OP wrote: I'm ...
by cinghiale
Tue Jan 20, 2015 10:51 am
Forum: Investing - Theory, News & General
Topic: How to get things wrong - Swiss Franc (CHF)
Replies: 32
Views: 3757

Re: How to get things wrong - Swiss Franc (CHF)

I posed a version the following question on an earlier thread concerning the Swiss Franc and did not receive any replies (though I admit it wasn't exactly "on topic"): Are there any other forum members who bought a Swiss Franc-denominated annuity in the 1990s? Way back when, way before any...
by cinghiale
Sun Jan 18, 2015 2:58 pm
Forum: Local Chapters and Bogleheads Community
Topic: Why I like this forum
Replies: 34
Views: 2765

Re: Why I like this forum

Chalk up another +1, both to the OP and to the replies. This site is my "one stop shopping" for all things financial, investments, retirement, and lifestyle. I still depend on Arts and Letters Daily (http://www.aldaily.com), Brain Pickings (http://www.brainpickings.org), and Edge (http://w...
by cinghiale
Thu Jan 15, 2015 2:34 pm
Forum: Investing - Theory, News & General
Topic: Swiss franc jumps as SNB abandons ceiling versus euro
Replies: 25
Views: 2511

Re: Swiss franc jumps as SNB abandons ceiling versus euro

Anyone here still hanging onto the Swiss Franc annuities that were so actively touted in the 90s??

If so, :beer
by cinghiale
Mon Jan 12, 2015 12:43 pm
Forum: Investing - Theory, News & General
Topic: Where do you tilt your Total Int'l Fund?
Replies: 40
Views: 3735

Re: Where do you tilt your Total Int'l Fund?

dkturner wrote: About 1/3 of my international equity exposure is through the Vanguard Wellesley Income Fund, so I have a tilt towards large-cap European equities in my portfolio. I don't get this. Wellesley's portfolio is 38% stocks, and of the 60 or so stocks it holds, perhaps 12-14 are foreign co...
by cinghiale
Tue Jan 06, 2015 3:20 pm
Forum: Investing - Theory, News & General
Topic: New Vanguard AMT-free National Municipal Bond Fund
Replies: 128
Views: 19777

Re: Vanguard announces new Tax-Exempt Index Fund

Note this a bit further down in the announcement:
To mitigate portfolio transaction costs and allow the fund to more closely track its benchmark, the new fund will assess a 0.50% purchase fee on Investor and Admiral Shares.
by cinghiale
Tue Jan 06, 2015 11:23 am
Forum: Local Chapters and Bogleheads Community
Topic: Roll Call for the Retirement Class of 2015!
Replies: 231
Views: 31132

Re: Roll Call for the Retirement Class of 2015!

Victoria , I was wondering if you would host a "Class of 2015" thread. Thanks for initiating it. I wish to be inscribed. My letter of retirement will say December 31, but I already have Friday, December 18 circled on my 2015 calendar. This will be the sweet spot. I will be old enough to s...
by cinghiale
Thu Jan 01, 2015 2:42 pm
Forum: Personal Consumer Issues
Topic: Post your 2015 New Year's Resolutions ITT
Replies: 38
Views: 4075

Re: Post your 2015 New Year's Resolutions ITT

Did anyone else notice that the OP's avatar has active smoke coming out of his pipe?

Wild.
by cinghiale
Thu Jan 01, 2015 10:56 am
Forum: Investing - Help with Personal Investments
Topic: 2015 Investment Resolutions
Replies: 9
Views: 928

Re: 2015 Investment Resolutions

This year I am going to give Jim Otar's Unveiling the Retirement Myth a second, more careful reading as I work toward a better and clearer mindset about entering the financial disbursement-- as opposed to accumulation-- phase of life. I've run the numbers. What I want to do before pulling the retire...
by cinghiale
Sat Dec 20, 2014 8:47 pm
Forum: Investing - Help with Personal Investments
Topic: What "actively" managed funds do you own?
Replies: 82
Views: 5740

Re: What "actively" manged funds do you own?

Same two as livesoft: TIAA Real Estate and TIAA Traditional.

Past that, all of my individual IRA and that of La Bella Signora is in Wellesley Income. Wellesley comprises about 15% of our total holdings.
by cinghiale
Thu Dec 18, 2014 9:04 am
Forum: Personal Consumer Issues
Topic: Favorite Narrators for Fictional Audiobooks
Replies: 25
Views: 1980

Re: Favorite Narrators for Fictional Audiobooks

I greatly enjoy hearing Will Patton read. He has received numerous awards for his audio book work, and he brings a wonderful depth and empathy to his reading. I first heard him reading James Lee Burke's books, and especially enjoyed all of the "Holland" character stories. Patton may be eve...
by cinghiale
Wed Dec 10, 2014 7:17 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Wish List
Replies: 44
Views: 3491

Re: Vanguard Wish List

I would like to have Vanguard combine the Total International Fund with the FTSE All-World Ex-US Fund (adding the latter to the former).

There's just no reason to have both of these funds in the Vanguard family.
by cinghiale
Thu Dec 04, 2014 11:30 am
Forum: Investing - Theory, News & General
Topic: Update: 6 years into Buffett's Bet With Hedge Funds
Replies: 24
Views: 3183

Re: Update: 6 years into Buffett's Bet With Hedge Funds

Boglegrappler wrote,
I suppose its possible if overall returns are very low and you take the 2% fees into account.

This...

I think you answered your own question.
by cinghiale
Thu Dec 04, 2014 10:11 am
Forum: Investing - Theory, News & General
Topic: Update: 6 years into Buffett's Bet With Hedge Funds
Replies: 24
Views: 3183

Update: 6 years into Buffett's Bet With Hedge Funds

This from marketwatch.com: See full article at: http://www.marketwatch.com/story/warren-buffett-on-track-to-win-hedge-fund-bet-2014-12-04 There's just four years left in the 10-year bet between billionaire Warren Buffett and a New York hedge fund firm, and it seems clear that Buffett will win handil...
by cinghiale
Wed Nov 26, 2014 5:46 pm
Forum: Personal Finance (Not Investing)
Topic: Random life events
Replies: 34
Views: 3193

Re: Random life events

jstrazzere wrote:
And I happened to be born at a wonderful time, in a terrific country, where professional and financial growth was possible.


That one. It makes the outcomes and consequences of so many of the random events recounted in this thread possible.
by cinghiale
Wed Nov 26, 2014 6:43 am
Forum: Personal Finance (Not Investing)
Topic: Random life events
Replies: 34
Views: 3193

Re: Random life events

Finding this forum. I might use the word "serendipitous" instead of random to describe the way in which I bumped into this forum, but getting here, paying attention to the questions and replies, and then taking action accordingly have had the biggest impact. As an aside, it took until I wa...
by cinghiale
Tue Nov 25, 2014 3:47 pm
Forum: Personal Consumer Issues
Topic: Favorite nonfiction books
Replies: 117
Views: 11859

Re: Favorite nonfiction books

I would second all of Victoria 's authors and books, and would add the following to that genre: The Drunkard's Walk Leonard Mlodinow How We Know What Isn't So Thomas Gilovich Mistakes Were Made ( But Not By Me) Carol Tavris and Elliot Aronson And, for other disciplines and areas of inquiry: Consilie...
by cinghiale
Fri Oct 31, 2014 1:18 pm
Forum: Investing - Help with Personal Investments
Topic: Should I bite the bullet and sell my mining stocks?
Replies: 23
Views: 2634

Re: Should I bite the bullet and sell my mining stocks?

grabiner wrote: The stock should be fairly priced now to reflect the possibility of a vote going up or down, so if you keep a large position in the stock while waiting for the vote, you are taking an extra risk with no benefit. David, Am I missing something here? How can a stock be "fairly pri...
by cinghiale
Fri Oct 31, 2014 11:56 am
Forum: Investing - Theory, News & General
Topic: RBD for Gold Miners
Replies: 12
Views: 1829

Re: RBD for Gold Miners

Since people have been mentioning "stay the course..." My only participation in metals is through Central Fund of Canada (CEF). I have held it for a very long time, the amount held is modest, and I consider it to be part investment, part insurance (the latter motivated mainly by my view th...
by cinghiale
Fri Oct 31, 2014 11:29 am
Forum: Investing - Theory, News & General
Topic: RBD for Gold Miners
Replies: 12
Views: 1829

Re: RBD for Gold Miners

RBD....?

Really Bad Day?
by cinghiale
Sat Jul 19, 2014 12:41 pm
Forum: Personal Finance (Not Investing)
Topic: Anyone here use Personal Capital?
Replies: 56
Views: 11779

Re: Anyone here use Personal Capital?

Adding to what I just posted, I noticed this question posed by user RBDan on a thread entitled "New graph on Personal Capital Dashboard" a few months ago: All of my accounts have online fraud insurance as long as I do NOT share my password with anyone. My concern is that if Personal Capita...
by cinghiale
Sat Jul 19, 2014 12:32 pm
Forum: Personal Finance (Not Investing)
Topic: Anyone here use Personal Capital?
Replies: 56
Views: 11779

Re: Anyone here use Personal Capital?

SuperGrafx wrote: I was also a bit concerned about an external website having access to all my accounts. I'm late to the conversation, but just read through all the posts and noticed that the quote above was the only mention of security concerns. Anyone else using or considering using Personal Capi...
by cinghiale
Thu Jul 03, 2014 9:59 am
Forum: Investing - Theory, News & General
Topic: Do Wellesley's Equities Outperform?
Replies: 41
Views: 5655

Do Wellesley's Equities Outperform?

I have been a long term holder of Wellesley Income fund. Its one of the few actively managed funds I have. There have been a number of good threads about this fund over the past few years, and Wellesley seems to command the loyalty of a number of forum members. The Wellesley-related conversations in...
by cinghiale
Fri May 30, 2014 7:22 am
Forum: Forum Issues and Administration
Topic: Who are the Bogleheads.org heavyweights?
Replies: 127
Views: 10720

Re: Who are the BogleHeads.org heavyweights?

I would add those experts who are often referenced in threads, but who either don't post here or do not post often.

Three people who deserve mention are Jim Otar, John Norstad, and Wade Pfau.
by cinghiale
Fri May 23, 2014 1:54 pm
Forum: Investing - Help with Personal Investments
Topic: Should I move Cref assets to Vanguard?
Replies: 19
Views: 1367

Re: Should I move Cref assets to Vanguard?

Big, big "second" to what sscritic wrote. I'm in TIAA-CREF at work, and will very likely stay with them after retirement to keep my holdings in the Traditional fund and the Real Estate fund. Those are my only investments with TIAA-CREF. To repeat what has already been said: You would be ha...
by cinghiale
Fri May 23, 2014 2:02 am
Forum: Local Chapters and Bogleheads Community
Topic: Roll Call for the Retirement Class of 2014!
Replies: 347
Views: 45716

Re: Roll Call for the Retirement Class of 2014!

Mitchell777 asked, Did you use the Trinity Study (4% for 30 years/3% for 40 years), Wade Pfau's much lower withdrawl rate, Firecalc, Otar calculator, pension so significant that investment income is almost unneccesary, waiting to be closer to SS age, buying annuity, etc I'm not "there" ye...
by cinghiale
Wed Feb 19, 2014 10:37 am
Forum: Investing - Theory, News & General
Topic: Article about 401k Fees
Replies: 2
Views: 337

Re: Article about 401k Fees

Agree with jasc15 on this. The article was short, simply- and well-stated, and included a memorable graphic showing just how much is forfeited over an entire career of earning when a hypothetical 1.33% (rather than the 0.08% ER of an index fund) is skimmed off the top. Someone with no interest in or...
by cinghiale
Wed Feb 19, 2014 10:20 am
Forum: Personal Consumer Issues
Topic: How did people work out in the past?
Replies: 36
Views: 3005

Re: How did people work out in the past?

Add to the conversation Joe Weider and the mainstreaming of weight lifting. Back in the 1960s, lots of us had simple, but versatile weight sets, with a basic bench, straight bar, two dumbbell bars, and those clanky red collars to hold on the plates. I still prefer free weights to the machines. With ...
by cinghiale
Sat Feb 15, 2014 6:17 pm
Forum: Investing - Theory, News & General
Topic: Great Finance History Book
Replies: 33
Views: 4458

Re: Great Finance History Book

Pacific wrote: Ron Chernow's "The House of Morgan: An American Banking Dynasty and the Rise of Modern Finance" Don't let the title put you off I could not put this book down (and it is a long book!) But... but... but... the Kindle for that one costs $9.99 !!! I'm anchored to $1.00 now.

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