Search found 1748 matches

by hollowcave2
Sat Aug 27, 2016 7:05 pm
Forum: Investing - Help with Personal Investments
Topic: How Do ETF's Work?
Replies: 5
Views: 453

Re: How Do ETF's Work?

Even though you need to buy whole shares, most ETF's are priced way, way, way below $300 per share. Most are less than $100 per share, so you can get a better initial position with a minimal amount of money left over. And as the above posters noted, most ETF's allow automatic dividend reinvestment, ...
by hollowcave2
Mon Aug 22, 2016 6:35 pm
Forum: Personal Consumer Issues
Topic: Long wait on Vanguard Phone Lines-What's going on?
Replies: 54
Views: 5689

Re: Long wait on Vanguard Phone Lines-What's going on?

For those of you who decide to wait so long over the phone on hold.......................

Why haven't you tried the call back option?

Just wondering.

I used the call back option twice with no problems. I was called back within one hour.
by hollowcave2
Thu Aug 18, 2016 10:10 pm
Forum: Personal Consumer Issues
Topic: Long wait on Vanguard Phone Lines-What's going on?
Replies: 54
Views: 5689

Re: Long wait on Vanguard Phone Lines-What's going on?

I needed to call Vanguard over the past 2 days for clarification about my account being changed to the new brokerage structure. I wonder if that could explain some of the call volume. Anyway, rather than waiting more than 30 minutes on the phone, I was given an option for a call back. I chose this o...
by hollowcave2
Thu Aug 18, 2016 11:57 am
Forum: Investing - Theory, News & General
Topic: Automatic Vanguard brokerage account upgrades
Replies: 40
Views: 3120

Re: Forced Upgrade to Brokerage Structure

Faith, I totally agree with you. I've always loved Vanguard and still do, but sometimes these little irritations are a real pain! Also, the conversions can have some little bugs, so I watch them carefully. Yesterday, I needed to transfer $3000 from Prime to Federal to cover a $2840 trade in the brok...
by hollowcave2
Wed Aug 17, 2016 5:52 pm
Forum: Investing - Theory, News & General
Topic: Automatic Vanguard brokerage account upgrades
Replies: 40
Views: 3120

Forced Upgrade to Brokerage Structure

Well, for about a year now, I've ignored the "UPGRADE" button to switch to the new brokerage structure which would contain both Vanguard funds and ETFs in one account. I just didn't see a need for it. Looks like I can't do that anymore. Yesterday and today, my accounts are being converted ...
by hollowcave2
Tue Aug 16, 2016 5:54 pm
Forum: Investing - Theory, News & General
Topic: Bonds, Aversion to Market Timing, and FIRE'ing
Replies: 28
Views: 2695

Re: Bonds, Aversion to Market Timing, and FIRE'ing

I understand the need to manage risk in bond funds. A way to do that and still participate in decent yields is to choose a fund duration that you can feel comfortable with and provides decent amount of income for the risk. In my opinion, I think intermediate duration bond funds with durations around...
by hollowcave2
Mon May 30, 2016 4:47 pm
Forum: Personal Consumer Issues
Topic: Question about Coin Collection
Replies: 15
Views: 1084

Re: Question about Coin Collection

1. What is your take on investing/buying on that one rare coin, that will complete my collection? ~$4k 2. Do you see any value in investing on the graded (PF70) proof coins? - 1986-2016 ~ $3.5k 3. How much of diversification will these proofs, proof sets and graded coin provide? 1). This is up to y...
by hollowcave2
Fri May 27, 2016 9:49 pm
Forum: Investing - Theory, News & General
Topic: Books on Options
Replies: 57
Views: 2550

Re: Books on Options

Actually, Bogleheads are some of the most knowledgable investors around. Bogleheads know many things about many subjects, and that's precisely why we're Bogleheads because we know how hard it is to beat the market. Just because we aren't traders or speculate in options doesn't mean we don't know abo...
by hollowcave2
Fri May 27, 2016 5:14 pm
Forum: Investing - Theory, News & General
Topic: Books on Options
Replies: 57
Views: 2550

Re: Books on Options

Options as a Strategic Investment by Lawrence McMillan is the best book on options that I've ever read.

It discusses all strategies but I don't think it's dry. For beginner and advanced students.
by hollowcave2
Wed May 25, 2016 7:15 pm
Forum: Investing - Help with Personal Investments
Topic: Short term bond funds?
Replies: 7
Views: 1063

Re: Short term bond funds?

IMHO, I wouldn't do anything if I were you. You have a long enough time horizon to hold the total bond and intermediate duration funds, so I like your holdings. The only question is where to add new money? That's an asset allocation question, so I would look at your total allocation between stocks a...
by hollowcave2
Tue May 24, 2016 3:13 pm
Forum: Investing - Help with Personal Investments
Topic: Selling VTI Covered Calls
Replies: 30
Views: 2085

Re: Selling VTI Covered Calls

I have sold covered calls before and it can work as a strategy over the long term. But be aware that once you sell covered calls on a holding, you have changed the nature of your holding. If you plan to sell calls in order to get "free income", I have to remind you that there is no free mo...
by hollowcave2
Wed May 18, 2016 7:41 pm
Forum: Investing - Help with Personal Investments
Topic: Bond funds and Preferred stocks questions
Replies: 14
Views: 1011

Re: Bond funds and Preferred stocks questions

If you are worried about rising rates, there is another option to PFF within the ETF choices. Power Shares Variable Rate Preferred (VRP) consists of preferreds with variable floating rates, so this gives you some protection with a rising rate scenario. There is a cost to that, however, as the yield ...
by hollowcave2
Mon May 16, 2016 9:16 pm
Forum: Investing - Help with Personal Investments
Topic: REIT investment
Replies: 27
Views: 3299

Re: REIT investment

I think REITS can be a powerful addition to any portfolio, especially if you need income flow. I only hold REITS in my IRA, however. If you hold it in a taxable account, be prepared for the taxes. Also, the taxes will be complicated by "return of capital" which will change your cost basis....
by hollowcave2
Sun May 15, 2016 10:04 am
Forum: Investing - Help with Personal Investments
Topic: Bond funds and Preferred stocks questions
Replies: 14
Views: 1011

Re: Bond funds and Preferred stocks questions

Welcome on your first post! I know you will get lots of good information here. Think about all of your options before acting. IMHO, I see no reason to change the dollar cost averaging plan (DCA) into stock funds. The only recommendation I have about that is to finish the DCA and be fully invested in...
by hollowcave2
Thu May 12, 2016 8:10 pm
Forum: Personal Finance (Not Investing)
Topic: Do all Boglesheads die at 100?
Replies: 51
Views: 6418

Re: Do all Boglesheads die at 100?

Old Bogleheads never die, they just............. fade away.

Douglas MacArthur
by hollowcave2
Tue May 10, 2016 9:04 pm
Forum: Personal Finance (Not Investing)
Topic: Warning re. SavingsBonds.com
Replies: 5
Views: 1116

Re: Warning re. SavingsBonds.com

Investigation revealed that his application has no capability to differentiate between electronic and paper EE bonds and as a result it assumes that all EE bonds are paper bonds. This creates incorrect information for a lot of the data presented in the reports. Can you give an example of what kind ...
by hollowcave2
Sat May 07, 2016 2:05 pm
Forum: Investing - Theory, News & General
Topic: 4% rule and interest rates
Replies: 28
Views: 3913

Re: 4% rule and interest rates

Frankly, I look forward to rising rates very much. This low interest rate environment has rates so low that it's difficult on fixed income investors. If the rates stay low, I expect to withdraw more than 4% annually just to pay expenses. Higher rates will eventually lead to higher total returns and ...
by hollowcave2
Wed May 04, 2016 10:36 pm
Forum: Investing - Theory, News & General
Topic: I Bond rates for May 1 announced
Replies: 65
Views: 10643

Re: I Bond rates for May 1 announced

Mel,

Thanks for the link to your article. I enjoyed reading it, and I think it would be interesting to update it.

I want to investigate two things:

How popular is the Treasury Direct site now?
Are sales of savings bonds declining?
by hollowcave2
Tue May 03, 2016 12:23 am
Forum: Investing - Theory, News & General
Topic: I Bond rates for May 1 announced
Replies: 65
Views: 10643

Re: I Bond rates for May 1 announced

Alright, anoop.

Good points for the long term investor.

Even with the low current rates, they still do provide a good inflation hedge. Maybe I should be glad that inflation is low.
by hollowcave2
Mon May 02, 2016 11:19 pm
Forum: Investing - Theory, News & General
Topic: I Bond rates for May 1 announced
Replies: 65
Views: 10643

Re: I Bond rates for May 1 announced

Why is the Treasury keeping the fixed rate so low? It seems if they want people to save money in these bonds, they would make the return more attractive. Who wants to buy I bonds at these rates? Doesn't the treasury want to sell these? I will keep track of savings bonds sales this year and see if th...
by hollowcave2
Sat Apr 23, 2016 7:04 pm
Forum: Personal Consumer Issues
Topic: Stanley Kubrick's 2001 a space odyssey
Replies: 154
Views: 16852

Re: Stanley Kubrick's 2001 a space odyssey

Great movie. It's one of the few movies that deliberately uses the "crushing silence" of space as an effect. (No sound at all in space.) Now that I think of it, Gravity and The Martian may have some limited use of silence in space also. But when 2001 used this effect, it was unique and dar...
by hollowcave2
Sat Apr 23, 2016 6:47 pm
Forum: Investing - Help with Personal Investments
Topic: Any good Rationale for putting riskier investments in Roth?
Replies: 26
Views: 2484

Re: Any good Rationale for putting riskier investments in Roth?

Another rationale for putting riskier funds in the Roth is that you can keep the funds invested for a long time, perhaps 20 years or more. If you can commit to that horizon, then yes, some riskier funds can work in the Roth. But not too risky. I'm talking about funds. If the advisor wants to put you...
by hollowcave2
Sat Apr 23, 2016 6:40 pm
Forum: Investing - Help with Personal Investments
Topic: Sell ibonds? Or hold?
Replies: 22
Views: 2974

Re: Sell ibonds? Or hold?

When did you buy the I-bonds? If you bought several years ago, you may have a pretty good deal. You could have a fixed rate significantly above the current I-bonds issued today. If you do have a fixed rate of 1% or above, I definitely would not sell them. You will not match that deal in any bond fun...
by hollowcave2
Thu Apr 21, 2016 10:40 pm
Forum: Investing - Help with Personal Investments
Topic: Should I bother with Options Trading?
Replies: 36
Views: 3038

Re: Should I bother with Options Trading?

If selling puts, however, be prepared to buy the stock at the strike price if the stock drops below the strike. So you probably need to have the money tied up in case stock is assigned to you. I never had the inclination to sell puts, but I can understand why people do it. If you sell at a strike th...
by hollowcave2
Thu Apr 21, 2016 7:01 pm
Forum: Investing - Help with Personal Investments
Topic: Entering the market: lump sum vs DCA vs tactical asset allocation
Replies: 19
Views: 1393

Re: Entering the market: lump sum vs DCA vs tactical asset allocation

Excellent original post by noa! Great summary about lump sum and DCA! You are very accurate in your analysis! You have done your homework! So, after such an excellent OP and a good understanding of yourself and the strategies, you can make an informed decision for yourself. There is a very heavy bia...
by hollowcave2
Thu Apr 21, 2016 6:50 pm
Forum: Investing - Help with Personal Investments
Topic: Should I bother with Options Trading?
Replies: 36
Views: 3038

Re: Should I bother with Options Trading?

I have some experience with options, and here's what I found: I basically didn't make any money trying to trade short term options. When I won on one, I lost on another. Short term trading is the highest risk game with the lowest chance of success. I have had some moderate success with covered calls...
by hollowcave2
Tue Apr 19, 2016 9:13 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Publishes Duration and Holdings Of Core Bond Fund
Replies: 14
Views: 2109

Re: Vanguard Publishes Duration and Holdings Of Core Bond Fund

Looks like they are updating the holdings yet. It doesn't make sense to list 31% Treasury/Agency bonds and then list them as 23% in the Government Bonds column.
by hollowcave2
Mon Apr 18, 2016 5:33 pm
Forum: Investing - Theory, News & General
Topic: Series EE bonds as holder for emergency funds
Replies: 9
Views: 1519

Re: Series EE bonds as holder for emergency funds

If you are using savings bonds as an emergency fund vehicle, I think that I bonds would be a much better choice than EE bonds. The benefit of EE bonds is the doubling value at 20 years, which yields about 3.5% annualized over that time. If you redeem EE's before 20 years, you are essentially getting...
by hollowcave2
Sun Apr 17, 2016 10:27 pm
Forum: Investing - Theory, News & General
Topic: Why not buy a DIVIDEND stock?
Replies: 36
Views: 3778

Re: Why not buy a DIVIDEND stock?

Many financial stocks, like Bear Sterns and Lehman Brothers, paid dividends. What could go wrong?

Stocks are stocks.

BTW, the above companies don't exist today.
by hollowcave2
Sat Apr 16, 2016 8:12 pm
Forum: Investing - Help with Personal Investments
Topic: I Bonds before end of the month?
Replies: 20
Views: 4139

Re: I Bonds before end of the month?

You got to be real patient with EE bonds. EE's right now might as well be zero coupon bonds. But at 20 years, you do get around 3.5% annualized total return.
by hollowcave2
Sat Apr 16, 2016 6:29 pm
Forum: Personal Consumer Issues
Topic: Coin Collecting (will coins increase or decrease in value?)
Replies: 36
Views: 3585

Re: Coin Collecting (will coins increase or decrease in value?)

One reason to dispose of these sooner than later is that even long term capital gains on collectibles are taxed at your marginal tax rate with a maximum of 28% Yes, this is true. But I don't think the dealer needs to report the transaction to the IRS unless the transaction (or several "related...
by hollowcave2
Sat Apr 16, 2016 6:23 pm
Forum: Investing - Help with Personal Investments
Topic: I Bonds before end of the month?
Replies: 20
Views: 4139

Re: I Bonds before end of the month?

I am betting on the best buy for I-bonds right now is before May 1. The wild card is the fixed rate. It depends on whether it is raised significantly or not. I'm predicting a fixed rate at either 0.1 or 0.2% Recently, the savings bonds gods have been pretty stingy with that rate. The main advantage ...
by hollowcave2
Sat Apr 16, 2016 12:47 pm
Forum: Personal Consumer Issues
Topic: Coin Collecting (will coins increase or decrease in value?)
Replies: 36
Views: 3585

Re: Coin Collecting (will coins increase or decrease in value?)

IF they are all foreign coins in bulk, then there's probably not much numismatic value. You would need to check the melt value of the silver, however. You could take the lot to a local coin shop and see what they say. If you have the time, you can check the coins yourself. I would search for all of ...
by hollowcave2
Wed Apr 13, 2016 11:01 pm
Forum: Investing - Help with Personal Investments
Topic: Bought the wrong fund, what to do.
Replies: 12
Views: 1562

Re: Bought the wrong fund, what to do.

Well, I would be inclined to leave it alone. The yields are not greatly different and you do get growth potential. I think the blend is better. I like the exposure to growth and value together.

Just my 2 cents
by hollowcave2
Wed Apr 13, 2016 5:27 pm
Forum: Investing - Help with Personal Investments
Topic: Need advice on bond fund
Replies: 10
Views: 1202

Re: Need advice on bond fund

I also agree that you should not overweight the portfolio towards short term bonds because of fear of rising interest rates. Remember, for a long term investor, a rise in bond rates would benefit you over the long run. Higher rates would lead to higher total returns after a few years. Don't forget t...
by hollowcave2
Wed Apr 13, 2016 9:15 am
Forum: Investing - Theory, News & General
Topic: DCA considerations
Replies: 56
Views: 4200

Re: DCA considerations

The above post by dbr is excellent ! Very good analysis. DCA is actually designed as a short term strategy, generally 6 to 18 months, for a large sum of money available all at once. The purpose of DCA is to start investing today, without worrying if it is the "right time." If you are comfo...
by hollowcave2
Tue Apr 12, 2016 8:15 pm
Forum: Investing - Help with Personal Investments
Topic: Switching from dividend growth investing to indexing?
Replies: 18
Views: 2057

Re: Switching from dividend growth investing to indexing?

You don't need to give up dividend investing to transition to index funds. As mentioned above, Vanguard has some very good index funds that focus on dividends. If you like ETF's there's VYM is an index fund focusing on high yielding dividend stocks. VIG is an index fund emphasizing stocks with prove...
by hollowcave2
Wed Apr 06, 2016 11:54 am
Forum: Investing - Theory, News & General
Topic: Vanguard's global head of fixed income discusses bonds, rising rates, and liquidity.
Replies: 4
Views: 602

Re: Vanguard's global head of fixed income discusses bonds, rising rates, and liquidity.

Great article that is well worth the read, especially: Keep in mind that rising rates are not a bad thing for long-term investors. Coupons and maturities get reinvested at higher yields, resulting in higher long-term returns. This point tends to be missed by investors looking at short term price mov...
by hollowcave2
Tue Apr 05, 2016 8:09 pm
Forum: Investing - Help with Personal Investments
Topic: Options (Holding Period) and 1099-DIV (Non-Dividend distributions)
Replies: 1
Views: 243

Re: Options (Holding Period) and 1099-DIV (Non-Dividend distributions)

You do need to report the covered call transactions. You will have a gain or loss on those. For the options that expire or bought back, the holding period determines whether it's short term (1 yr or less) or long term (more than 1 yr). Most covered calls are short term. If a call is exercised, you c...
by hollowcave2
Mon Apr 04, 2016 11:48 pm
Forum: Investing - Theory, News & General
Topic: Will I suffer major NAV loss when long term bonds mature?
Replies: 19
Views: 1205

Re: Will I suffer major NAV loss when long term bonds mature?

Hmmmm, Remember that the total return is capital gains PLUS income. If bonds were bought at a premium to par, then they should be getting higher than the current market coupon rates. These higher coupons produce income that add to the fund's assets. If the bonds were purchased near par and the marke...
by hollowcave2
Mon Apr 04, 2016 9:37 pm
Forum: Investing - Theory, News & General
Topic: DCA considerations
Replies: 56
Views: 4200

Re: DCA considerations

DCA is just proof that what most typically do (invest regularly with the only "timing" of the market being buying whenever the paycheck comes/there's money free) works. But it's not used for and should not be used for people making decisions on how to invest large windfalls , except to th...
by hollowcave2
Mon Apr 04, 2016 1:17 pm
Forum: Investing - Theory, News & General
Topic: DCA considerations
Replies: 56
Views: 4200

Re: DCA considerations

Dollar Cost Averaging is a great way to buy low and sell high without trying to time the market. I am a big fan of DCA, but the above statement is not true in all situations. DCA does not guarantee against loss nor does it guarantee you the lowest price when buying. DCA is simply a risk management ...
by hollowcave2
Mon Apr 04, 2016 12:55 pm
Forum: Investing - Help with Personal Investments
Topic: Advice on investing a lump sum
Replies: 5
Views: 733

Re: Advice on investing a lump sum

Hi Brian. I think most people on this board would say that if you have an asset allocation appropriate to your risk tolerance and have at least a five year horizon, then just implement your strategy. But that's easier said than done. You said in your post that you were quite nervous about putting th...
by hollowcave2
Thu Mar 24, 2016 7:19 pm
Forum: Investing - Help with Personal Investments
Topic: Help me to understand Tax Loss Harvesting during a short market drop and speedy recovery
Replies: 2
Views: 324

Re: Help me to understand Tax Loss Harvesting during a short market drop and speedy recovery

If the two investments are really substantially different, they will not track perfectly, so you may have done better just by doing nothing. On the other hand, you have TLH that can offset substantial gains elsewhere and that can help you on your taxes. But there's risk and cost to everything. The r...
by hollowcave2
Thu Mar 24, 2016 7:11 pm
Forum: Investing - Help with Personal Investments
Topic: Aggressive Allocation but need help with Bonds
Replies: 25
Views: 2402

Re: Aggressive Allocation but need help with Bonds

I'd say you got some pretty good advice. The recommended allocation is pure Boglehead, all the way. Remember the total allocation is 90/10 stocks/bonds. That's only 10 % bonds. The reason they recommended 10 % bonds instead of 100 % stocks is one of risk vs return. You just don't get that much more ...
by hollowcave2
Wed Mar 09, 2016 12:27 pm
Forum: Investing - Help with Personal Investments
Topic: I-Bonds vs TIPS in a Roth
Replies: 10
Views: 1077

Re: I-Bonds vs TIPS in a Roth

First of all, while it may be possible to buy I-bonds in an IRA, I don't see it as either easy or desirable. Any IRA is under strict control and rules by a trustee or custodian, so you may need special permission or special ownership requirements to hold savings bonds in an IRA. So it's not as easy ...
by hollowcave2
Sat Feb 20, 2016 9:24 pm
Forum: Local Chapters and Bogleheads Community
Topic: Sacramento Bogleheads @ McClatchy Lib 10:30 AM Sat Mar 12, 2016
Replies: 4
Views: 1258

Re: Sacramento Bogleheads @ McClatchy Lib 10:30 AM Sat Mar 12, 2016

Great. Good topic for the season. I'll plan to be there.

Steve
by hollowcave2
Fri Feb 19, 2016 6:41 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard Brokerage sale
Replies: 1
Views: 343

Re: Vanguard Brokerage sale

Generally, for individual stocks, it is T+3 days. So, if you sold a stock on Wednesday 2/17, you count +3 more days to settle, so that would be Thursday, Friday, and Monday. The funds will show up, free and clear, this Tuesday, 2/23. Options only have a T+1 settlement, and I not totally sure, but I ...

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