Search found 1990 matches

by hoops777
Sun Dec 10, 2017 12:52 pm
Forum: Personal Consumer Issues
Topic: I am buying a car: Most/Least Reliable Makes?
Replies: 64
Views: 3423

Re: I am buying a car: Most/Least Reliable Makes?

Buy what you enjoy driving and don't worry about reliability issues. Any brand can have some issues. This ranks up top as some of the best advice on this thread. Driving a car you love can make a good day a great day and a crappy day a much better day. I agree if money is not an issue and of course...
by hoops777
Sun Dec 10, 2017 12:47 pm
Forum: Personal Consumer Issues
Topic: I am buying a car: Most/Least Reliable Makes?
Replies: 64
Views: 3423

Re: I am buying a car: Most/Least Reliable Makes?

I have had 2 Prius’s.Very low maintenance,great gas mileage and good space.Also rated at the top by Consumer Reports.Not high on the fun meter but very quick exceleration.
by hoops777
Sat Dec 09, 2017 7:33 pm
Forum: Investing - Theory, News & General
Topic: One answer to the Dividend stocks puzzle from behavioral finance
Replies: 165
Views: 8614

Re: One answer to the Dividend stocks puzzle from behavioral finance

patrick013 wrote:
Sat Dec 09, 2017 7:00 pm
One of the best advisors in the country advocates dividend
growth and bond ladders going forward.

Also noticed international dividends are increasing especially
in asia/pacific. Perhaps a good EM dividend fund would be
good reading about. Oh well.
And what is the name of this advisor?
by hoops777
Sat Dec 09, 2017 1:05 pm
Forum: Investing - Theory, News & General
Topic: One answer to the Dividend stocks puzzle from behavioral finance
Replies: 165
Views: 8614

Re: One answer to the Dividend stocks puzzle from behavioral finance

A dividend stock strategy can easily beat the market if you are fortunate to pick the right stocks,or of course it could go the other way.I have a young relative who has invested in Apple,Facebook,Netflix,Amazon and Tesla because he is a customer and loves the companies and understands what they do....
by hoops777
Sat Dec 09, 2017 12:54 pm
Forum: Investing - Theory, News & General
Topic: Which is better: Wellesley or 5-yr 2.5% CD?
Replies: 51
Views: 3684

Re: Which is better: Wellesley or 5-yr 2.5% CD?

CDs may indeed be best for him if any unrealized loss before the five years are expired would cause him to panic and blame you. That being said, I'm a strong 'believer' in Wellesley for many reasons. With regard to the situation at hand, it's never had a five year period in its 47 year history wher...
by hoops777
Fri Dec 08, 2017 10:22 pm
Forum: Investing - Theory, News & General
Topic: Which is better: Wellesley or 5-yr 2.5% CD?
Replies: 51
Views: 3684

Re: Which is better: Wellesley or 5-yr 2.5% CD?

CDs may indeed be best for him if any unrealized loss before the five years are expired would cause him to panic and blame you. That being said, I'm a strong 'believer' in Wellesley for many reasons. With regard to the situation at hand, it's never had a five year period in its 47 year history wher...
by hoops777
Fri Dec 08, 2017 7:26 pm
Forum: Investing - Theory, News & General
Topic: One answer to the Dividend stocks puzzle from behavioral finance
Replies: 165
Views: 8614

Re: One answer to the Dividend stocks puzzle from behavioral finance

"selling shares led to an equivalent outcome." If you have an $8mm portfolio if 23 individual stocks, deciding what to sell every 3 months would be extremely difficult. Plus, as you sell down your portfolio the dividend income decreases. The reality for me is that selling shares is not an equivalen...
by hoops777
Fri Dec 08, 2017 7:19 pm
Forum: Investing - Theory, News & General
Topic: Which is better: Wellesley or 5-yr 2.5% CD?
Replies: 51
Views: 3684

Re: Which is better: Wellesley or 5-yr 2.5% CD?

Any thoughts on something like 60 pct cd and 40 pct Wellesley? I would be totally comfortable with that mix for myself and for him, but having briefly spoken with him today, he was nervous about the thought of fluctuating principal. Unless he changes his mind, CDs will have to do. Thank you for you...
by hoops777
Fri Dec 08, 2017 6:45 pm
Forum: Investing - Theory, News & General
Topic: Which is better: Wellesley or 5-yr 2.5% CD?
Replies: 51
Views: 3684

Re: Which is better: Wellesley or 5-yr 2.5% CD?

Everyone, thank you so much for your thoughts, feedback, and suggestions. After reading all your posts, I think CDs are my friend's best bet. I just wanted to help him get more for his money—but I guess it's not as sure a bet as I'd thought. Probably better to keep things simple. I greatly apprecia...
by hoops777
Fri Dec 08, 2017 5:52 pm
Forum: Investing - Theory, News & General
Topic: One answer to the Dividend stocks puzzle from behavioral finance
Replies: 165
Views: 8614

Re: One answer to the Dividend stocks puzzle from behavioral finance

I' am not under the illusion that dividends are guaranteed or even free money (gotta pay those taxes). But I do like my dividends. I' am looking forward to my Christmas dividend. I look at dividends as penny's from heaven (penny's from my deceased Mom...thanks Mom)! (Their's some psychology for you...
by hoops777
Fri Dec 08, 2017 3:09 pm
Forum: Investing - Theory, News & General
Topic: One answer to the Dividend stocks puzzle from behavioral finance
Replies: 165
Views: 8614

Re: One answer to the Dividend stocks puzzle from behavioral finance

I was simply using him as an example to show that there are very experienced professionals who prefer dividend stocks that obviously understand the negative points made here,but prefer them for their own reasons. Hoops, This probably doesn't apply to you, but just a word of caution when mentioning ...
by hoops777
Fri Dec 08, 2017 2:44 pm
Forum: Investing - Theory, News & General
Topic: Which is better: Wellesley or 5-yr 2.5% CD?
Replies: 51
Views: 3684

Re: Which is better: Wellesley or 5-yr 2.5% CD?

It is irrelevant what Wellesley has done over rolling 5 year periods.All that matters is the next 5 years which nobody knows the answer to.If he wants to live dangerously put a pct in a cd and the rest in Wellesley. Or,put 80 pct in cd and 20 pct in total market. Or,80 pct in cd and 20 pct in a cons...
by hoops777
Wed Dec 06, 2017 9:38 pm
Forum: Personal Consumer Issues
Topic: VPN and automatic logins
Replies: 3
Views: 392

Re: VPN and automatic logins

Thank you.I was considering vpn to use when we travel because we changed our cellular plan and took the iPad with cellular off,for now.I never use public wi fi So was looking in to this.I thought it would be a pain in the butt because the sites I go to would not recognize me.I am on a 3 day trial an...
by hoops777
Wed Dec 06, 2017 7:11 pm
Forum: Personal Consumer Issues
Topic: VPN and automatic logins
Replies: 3
Views: 392

VPN and automatic logins

Quick question about using a VPN.I am trying out Nord and thought that a site like bogleheads might not recognize me and log me in automatically.Every site has logged me in like nothing is different, I am misunderstanding something about using a vpn.
by hoops777
Wed Dec 06, 2017 6:31 pm
Forum: Personal Consumer Issues
Topic: TV show recommendations?
Replies: 572
Views: 214321

Re: TV show recommendations?

A couple of new shows.The Good Doctor about a young autistic resident who is being guided by one of my favorite old West Wing actors,Richard Schiff.Gifted which is about mutants.Very good if you like the X-Men type stuff.
by hoops777
Wed Dec 06, 2017 10:45 am
Forum: Investing - Theory, News & General
Topic: One answer to the Dividend stocks puzzle from behavioral finance
Replies: 165
Views: 8614

Re: One answer to the Dividend stocks puzzle from behavioral finance

Why don’t you debate Richard Young.He had quite a successful career in the investment world.He had a newsletter for many years and maybe still does in his 80’s.His family firm also manages a lot of money for people with a minimum of 1 million dollars. Why is management of money for people with a mi...
by hoops777
Tue Dec 05, 2017 10:44 pm
Forum: Investing - Theory, News & General
Topic: One answer to the Dividend stocks puzzle from behavioral finance
Replies: 165
Views: 8614

Re: One answer to the Dividend stocks puzzle from behavioral finance

My point about the Larry Portfolio was that it is a well researched way to invest earning an equal return with less risk,yet probably none of you use it or a version of it.Why not?Because you have your own preferences and level of comfort with your choices. Many dividend investors prefer dividend st...
by hoops777
Tue Dec 05, 2017 7:19 pm
Forum: Investing - Theory, News & General
Topic: One answer to the Dividend stocks puzzle from behavioral finance
Replies: 165
Views: 8614

Re: One answer to the Dividend stocks puzzle from behavioral finance

Howdy This whole thread is amazing. I’m still not sure what the debate is about. The only thing that is sure is that dividends impose a tax drag on a taxable account. The debate is about the validity, rationality, or practicality of any of the following things: 1. Dividends are good because you get...
by hoops777
Tue Dec 05, 2017 4:14 pm
Forum: Investing - Theory, News & General
Topic: One answer to the Dividend stocks puzzle from behavioral finance
Replies: 165
Views: 8614

Re: One answer to the Dividend stocks puzzle from behavioral finance

livesoft wrote:
Tue Dec 05, 2017 3:13 pm
Statman is pretty careful not to apply the word "irrational" to normal people.
A wise man who understands how to communicate.
by hoops777
Tue Dec 05, 2017 3:11 pm
Forum: Investing - Theory, News & General
Topic: One answer to the Dividend stocks puzzle from behavioral finance
Replies: 165
Views: 8614

Re: One answer to the Dividend stocks puzzle from behavioral finance

There you go again with the irrational card.What percentage of the investing public would you say is irrational? Do you believe that the percentage of people doing a particular behavior or sharing a belief in any way defines whether it is rational? I think "irrational" isn't the insult you take it ...
by hoops777
Tue Dec 05, 2017 2:22 pm
Forum: Investing - Theory, News & General
Topic: One answer to the Dividend stocks puzzle from behavioral finance
Replies: 165
Views: 8614

Re: One answer to the Dividend stocks puzzle from behavioral finance

To a “normal person” who does not read academic journals and delve into research,this sounds very reasonable as a way to invest.I will say that all “behavioral errors and incorrect thinking” aside,it ain’t bad if they only buy high quality companies,when you get right down to it. Years ago I was ve...
by hoops777
Tue Dec 05, 2017 12:45 pm
Forum: Investing - Theory, News & General
Topic: One answer to the Dividend stocks puzzle from behavioral finance
Replies: 165
Views: 8614

Re: One answer to the Dividend stocks puzzle from behavioral finance

I never thought I would see this on the Bogleheads.This guy George is a classic Seeking Alpha dividend growth investor.The basic idea many of these investors follow goes something like this. Buy a group of quality dividend stocks across all sectors for some diversification.They usually have a yield ...
by hoops777
Mon Dec 04, 2017 11:28 pm
Forum: Investing - Theory, News & General
Topic: One answer to the Dividend stocks puzzle from behavioral finance
Replies: 165
Views: 8614

Re: One answer to the Dividend stocks puzzle from behavioral finance

The book title is "Finance for Normal People." The folks in this thread who really like dividends are the "Normal People" that Statman is referring to. The folks who do not see benefit of dividends under most circumstances are "rational people" and the book can help rational people understand Norma...
by hoops777
Mon Dec 04, 2017 7:39 pm
Forum: Investing - Theory, News & General
Topic: One answer to the Dividend stocks puzzle from behavioral finance
Replies: 165
Views: 8614

Re: One answer to the Dividend stocks puzzle from behavioral finance

I enjoyed the book, but it is not well organized. I started out 40 years ago with inexpensive DRIPs. I realize that dividends are a drag on returns long term in a taxable account. I am neutral concerning dividends in tax advantaged accounts. I prefer capital gains in taxable that I can take when I ...
by hoops777
Mon Dec 04, 2017 4:13 pm
Forum: Investing - Theory, News & General
Topic: One answer to the Dividend stocks puzzle from behavioral finance
Replies: 165
Views: 8614

Re: One answer to the Dividend stocks puzzle from behavioral finance

To echo and perhaps even amplify triceratop's voice: We are not against dividends. We are only against misconceptions about dividends. PJW I think it is you who misunderstand dividends. A finance professor performing an academic valuation would say that keeping the cash in the company increases the...
by hoops777
Mon Dec 04, 2017 2:59 pm
Forum: Investing - Theory, News & General
Topic: One answer to the Dividend stocks puzzle from behavioral finance
Replies: 165
Views: 8614

Re: One answer to the Dividend stocks puzzle from behavioral finance

Another factor which the author did not address is that how a person is first introduced to investing also carries a lot of weight regarding their ability to change. That is quite an interesting observation. Do you know of any articles about it? I learned this from VictoriaF... The most important c...
by hoops777
Mon Dec 04, 2017 2:20 pm
Forum: Investing - Theory, News & General
Topic: One answer to the Dividend stocks puzzle from behavioral finance
Replies: 165
Views: 8614

Re: One answer to the Dividend stocks puzzle from behavioral finance

Taking my comments to be an endorsement of buybacks is incorrect. I do not "believe in them"; there is nothing to believe or disbelieve. I am simply saying that before taxes, dividend policy is irrelevant. I would also add, that article I linked to substantiates my point. And the commenters on the ...
by hoops777
Mon Dec 04, 2017 1:54 pm
Forum: Investing - Theory, News & General
Topic: One answer to the Dividend stocks puzzle from behavioral finance
Replies: 165
Views: 8614

Re: One answer to the Dividend stocks puzzle from behavioral finance

(I see; my response would not differ) I read the article and I do not see how it changes anything.I invite you to read the comments on the site at the end of the article and would like your response to those,because they come from people who have some knowledge on the subject,not hoops777 :D Okay m...
by hoops777
Mon Dec 04, 2017 12:58 pm
Forum: Personal Consumer Issues
Topic: TV show recommendations?
Replies: 572
Views: 214321

Re: TV show recommendations?

Just finished watching Wanted on Netflix.I guess it was the number 1 watched drama in Australia.Two seasons,6 episodes each.Pretty good. However,I feel very guilty making this post.On another thread,one of the premier bogleheads said that tv is passive,addictive and unsatisfying.Since then I have st...
by hoops777
Mon Dec 04, 2017 12:45 pm
Forum: Investing - Theory, News & General
Topic: One answer to the Dividend stocks puzzle from behavioral finance
Replies: 165
Views: 8614

Re: One answer to the Dividend stocks puzzle from behavioral finance

triceratop wrote:
Mon Dec 04, 2017 12:23 pm
(I see; my response would not differ)
I read the article and I do not see how it changes anything.I invite you to read the comments on the site at the end of the article and would like your response to those,because they come from people who have some knowledge on the subject,not hoops777 :D
by hoops777
Mon Dec 04, 2017 12:21 pm
Forum: Investing - Theory, News & General
Topic: One answer to the Dividend stocks puzzle from behavioral finance
Replies: 165
Views: 8614

Re: One answer to the Dividend stocks puzzle from behavioral finance

It is interesting that there are a number of funds that focus on dividend paying stocks. If that's such a bad idea, how many here would buy the opposite: funds that avoid dividend paying stocks? Would that be growth funds? My argument FOR dividend stocks is summarized by this quote from Investopedi...
by hoops777
Mon Dec 04, 2017 12:05 pm
Forum: Investing - Theory, News & General
Topic: One answer to the Dividend stocks puzzle from behavioral finance
Replies: 165
Views: 8614

Re: One answer to the Dividend stocks puzzle from behavioral finance

It is interesting that there are a number of funds that focus on dividend paying stocks. If that's such a bad idea, how many here would buy the opposite: funds that avoid dividend paying stocks? Would that be growth funds? My argument FOR dividend stocks is summarized by this quote from Investopedi...
by hoops777
Sun Dec 03, 2017 7:14 pm
Forum: Investing - Theory, News & General
Topic: One answer to the Dividend stocks puzzle from behavioral finance
Replies: 165
Views: 8614

Re: One answer to the Dividend stocks puzzle from behavioral finance

Another factor which the author did not address is that how a person is first introduced to investing also carries a lot of weight regarding their ability to change. That is quite an interesting observation. Do you know of any articles about it? Just my opinion,and I am just talking about someone w...
by hoops777
Sun Dec 03, 2017 5:39 pm
Forum: Investing - Theory, News & General
Topic: One answer to the Dividend stocks puzzle from behavioral finance
Replies: 165
Views: 8614

Re: One answer to the Dividend stocks puzzle from behavioral finance

Some good articles referenced.I was once a big believer in the magic of dividend stocks.I subscribed to newsletters and the whole deal.I fully understand the points about total return and dividends paid out lower the value of the stock,etc.I think most people who go the dividend route mentally at so...
by hoops777
Sun Dec 03, 2017 1:52 pm
Forum: Personal Finance (Not Investing)
Topic: Thinking of going "back" to school nearing 40?
Replies: 22
Views: 2343

Re: Thinking of going "back" to school nearing 40?

I went back and finished the last 2 years of my degree when I was 40.It is easier now than it was 25 years ago,but you need to be really motivated.For me,I was going to get my degree and then a teaching credential.I got the degree and then discovered I hated the teaching credential curriculum and de...
by hoops777
Sat Dec 02, 2017 5:17 pm
Forum: Personal Consumer Issues
Topic: Should I keep the new iPad I bought or return it?
Replies: 51
Views: 3645

Re: Should I keep the new iPad I bought or return it?

I have 2 iPads.An IPad Air 2 with cellular which I take with me on vacation and when we go out.I have an IPad Pro 12.9 inch which I use as my computer at home.I prefer using the 9 inch screen instead of my phone when away from home.
by hoops777
Sat Dec 02, 2017 5:07 pm
Forum: Personal Consumer Issues
Topic: Price of haircut?
Replies: 194
Views: 10208

Re: Price of haircut?

I buy the great clips discount gift card when it comes out.Haircuts are 10.99 using the card and I buy a years worth.
by hoops777
Fri Dec 01, 2017 10:09 pm
Forum: Investing - Theory, News & General
Topic: Bonds Are Riskier Than People Think
Replies: 137
Views: 11768

Re: Bonds Are Riskier Than People Think

Because I was annoyed that the poster said it was not an investment when by any reasonable definition of what an investment is,it is an investment.Thats all,now go write your book :D A reasonable definition of an investment is where you put capital at risk with the expectation of future return - do...
by hoops777
Fri Dec 01, 2017 7:14 pm
Forum: Investing - Theory, News & General
Topic: Bonds Are Riskier Than People Think
Replies: 137
Views: 11768

Re: Bonds Are Riskier Than People Think

Because I was annoyed that the poster said it was not an investment when by any reasonable definition of what an investment is,it is an investment.Thats all,now go write your book :D A reasonable definition of an investment is where you put capital at risk with the expectation of future return - do...
by hoops777
Fri Dec 01, 2017 6:56 pm
Forum: Investing - Theory, News & General
Topic: Bonds Are Riskier Than People Think
Replies: 137
Views: 11768

Re: Bonds Are Riskier Than People Think

Because I was annoyed that the poster said it was not an investment when by any reasonable definition of what an investment is,it is an investment.Thats all,now go write your book :D Ironically,the poster who made the statement is the same person who started that thread the other day where I told y...
by hoops777
Fri Dec 01, 2017 6:45 pm
Forum: Investing - Theory, News & General
Topic: Bonds Are Riskier Than People Think
Replies: 137
Views: 11768

Re: Bonds Are Riskier Than People Think

Because I was annoyed that the poster said it was not an investment when by any reasonable definition of what an investment is,it is an investment.Thats all,now go write your book :D
by hoops777
Fri Dec 01, 2017 6:35 pm
Forum: Investing - Theory, News & General
Topic: Bonds Are Riskier Than People Think
Replies: 137
Views: 11768

Re: Bonds Are Riskier Than People Think

So I guess investing is now defined by whatever the person believes he is doing.I buy a cd and I am investing.You buy a cd and you are saving.I can actually live with that,but not with someone telling me that I am NOT investing if I buy a CD. I put a good amount of money in a 10 year cd paying 3.4 p...
by hoops777
Fri Dec 01, 2017 5:25 pm
Forum: Investing - Theory, News & General
Topic: Bonds Are Riskier Than People Think
Replies: 137
Views: 11768

Re: Bonds Are Riskier Than People Think

That is all well and good but it does not change the fact that a cd is an investment.It is one thing to say for him personally he does not consider a cd an investment, and you could take or leave that anyway you want.He was talking about all investors and giving advice as well.Faulty advice,unless L...
by hoops777
Fri Dec 01, 2017 4:47 pm
Forum: Investing - Theory, News & General
Topic: Bonds Are Riskier Than People Think
Replies: 137
Views: 11768

Re: Bonds Are Riskier Than People Think

Keep in mind your CD not only has risk, it is a virtually guaranteed risk that you will lose to inflation. Use CDs for money needed in the near term. It is not an investment vehicle. I have a substantial amount of money in CDs with an average yield over 3pct.It is an investment to me.Those bond fun...
by hoops777
Fri Dec 01, 2017 1:54 pm
Forum: Investing - Theory, News & General
Topic: Bonds Are Riskier Than People Think
Replies: 137
Views: 11768

Re: Bonds Are Riskier Than People Think

Keep in mind your CD not only has risk, it is a virtually guaranteed risk that you will lose to inflation. Use CDs for money needed in the near term. It is not an investment vehicle. I have a substantial amount of money in CDs with an average yield over 3pct.It is an investment to me.Those bond fun...
by hoops777
Wed Nov 29, 2017 6:47 pm
Forum: Investing - Theory, News & General
Topic: What did you do right?
Replies: 96
Views: 9249

Re: What did you do right?

At age 42,with a net worth of less than 5000 dollars,that is not a typo,I started a very small business by borrowing 25K from my brother. I did all the sales,all the estimates,all the bookkeeping and I answered the phone.Low overhead,just my 3 installers and myself.I just retired 23 years later fina...
by hoops777
Tue Nov 28, 2017 2:29 pm
Forum: Personal Finance (Not Investing)
Topic: The fallacy of spending money on "experiences" vs hard assets
Replies: 336
Views: 17333

Re: The fallacy of spending money on "experiences" vs hard assets

For me, either of those would provide more lasting enjoyment than a vacation. Not only do I enjoy them much longer, but they have a tangible value when I'm done with them. Mind you, my wife has accused me of being the worst vacationer in the world as I get bored after about 3 days. I always say in ...
by hoops777
Tue Nov 28, 2017 1:48 pm
Forum: Personal Finance (Not Investing)
Topic: The fallacy of spending money on "experiences" vs hard assets
Replies: 336
Views: 17333

Re: The fallacy of spending money on "experiences" vs hard assets

My take aways from this exhausting thread: 1. It's a fool's errand to compare experiences with hard assets, especially since comparisons are entirely subjective and are without meaningful metrics that all would agree, except the idea of personal happiness. 2. The idea that you could base a comparis...
by hoops777
Tue Nov 28, 2017 12:43 pm
Forum: Personal Finance (Not Investing)
Topic: The fallacy of spending money on "experiences" vs hard assets
Replies: 336
Views: 17333

Re: The fallacy of spending money on "experiences" vs hard assets

Remember the topic was spending money on experiences,not free experiences like playing with your grandchildren,etc.
I would imagine the op would not argue hard assets are more important than time spent with family and friends when all is said and done.