Search found 380 matches

by joer1212
Tue Sep 12, 2017 1:01 pm
Forum: Personal Finance (Not Investing)
Topic: Equifax customer information leak
Replies: 626
Views: 36182

Re: Equifax customer information leak

I don't ever remember granting Experian access to my SS# and personal info to begin with. Now that corrupt company sold my info and milllions of others to the dark web for millions of dollars worth of bitcoins most likely. I'm definitely joining a class action as soon as I see the option to sign up...
by joer1212
Tue Sep 12, 2017 12:53 pm
Forum: Personal Finance (Not Investing)
Topic: Equifax customer information leak
Replies: 626
Views: 36182

Re: Equifax customer information leak

I don't ever remember granting Experian access to my SS# and personal info to begin with. Now that corrupt company sold my info and milllions of others to the dark web for millions of dollars worth of bitcoins most likely. I'm definitely joining a class action as soon as I see the option to sign up...
by joer1212
Tue Sep 12, 2017 12:44 pm
Forum: Personal Finance (Not Investing)
Topic: Equifax customer information leak
Replies: 626
Views: 36182

Re: Equifax customer information leak

The only sensible solution to this crisis that I can think of is for the Federal government to modify all SS numbers, or at least issue extensions to them in order to thwart the criminals. Alternatively, companies can expand the amount of information required to apply for credit, so that the info th...
by joer1212
Wed Aug 09, 2017 12:55 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard Customer Service
Replies: 294
Views: 30533

Re: Vanguard Customer Service

JamesSFO wrote:Which website are you referring to (smallbiz.vanguard.com ; my.vanguardplan.com ; investor.vanguard.com ; other )?
I'm referring to this site:

https://retirementplans.vanguard.com/VG ... PublicHome#/
by joer1212
Fri Aug 04, 2017 2:44 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard Customer Service
Replies: 294
Views: 30533

Re: Vanguard Customer Service

Vanguard's website to register your 401(k) account is especially atrocious. I tried to do this for my dad recently. I finally gave up in disgust. Shame for a company like Vanguard.
by joer1212
Sun Jul 09, 2017 12:59 pm
Forum: Investing - Help with Personal Investments
Topic: Why Doesn't My 401(k) Pay Dividends?
Replies: 33
Views: 3145

Re: Why Doesn't My 401(k) Pay Dividends?

Same issue here, they no doubt secretly and without any transparency reinvest dividends and I just have to trust that they are doing it right. The funds only exist for 401ks, and no information can be found about them from a third party. This includes international which produces large dividends an...
by joer1212
Sat Jul 08, 2017 10:09 pm
Forum: Investing - Help with Personal Investments
Topic: Why Doesn't My 401(k) Pay Dividends?
Replies: 33
Views: 3145

Re: Why Doesn't My 401(k) Pay Dividends?

A problem can be finding a really complete description of the investment due to lack of a prospectus and there is no way to track the investment in public quotes from the market. One of my funds within the UIT is Vanguard, and it has a ticker symbol (VIIIX). How is this? The UIT holds funds, one of...
by joer1212
Sat Jul 08, 2017 10:04 pm
Forum: Investing - Help with Personal Investments
Topic: Why Doesn't My 401(k) Pay Dividends?
Replies: 33
Views: 3145

Re: Why Doesn't My 401(k) Pay Dividends?

Let me ask you a question? Have you picked up the phone or walked down the hall to HR and ask them the same questions you've been asking us? What did they say? Unless you either post verbatim what the Summary Plan Description says on your post or you call up your 401K administrator/HR department th...
by joer1212
Sat Jul 08, 2017 9:52 pm
Forum: Investing - Help with Personal Investments
Topic: Why Doesn't My 401(k) Pay Dividends?
Replies: 33
Views: 3145

Re: Why Doesn't My 401(k) Pay Dividends?

Let me ask you a question? Have you picked up the phone or walked down the hall to HR and ask them the same questions you've been asking us? What did they say? Unless you either post verbatim what the Summary Plan Description says on your post or you call up your 401K administrator/HR department th...
by joer1212
Sat Jul 08, 2017 10:33 am
Forum: Investing - Help with Personal Investments
Topic: Why Doesn't My 401(k) Pay Dividends?
Replies: 33
Views: 3145

Re: Why Doesn't My 401(k) Pay Dividends?

A problem can be finding a really complete description of the investment due to lack of a prospectus and there is no way to track the investment in public quotes from the market. One of my funds within the UIT is Vanguard, and it has a ticker symbol (VIIIX). How is this? That fund is the institutio...
by joer1212
Sat Jul 08, 2017 10:32 am
Forum: Investing - Help with Personal Investments
Topic: Why Doesn't My 401(k) Pay Dividends?
Replies: 33
Views: 3145

Re: Why Doesn't My 401(k) Pay Dividends?

1. IF the holdings in the 401k are actual Mutual Funds, then these funds would, probably, pay dividends. You could tell this from the identification ticker symbols. If you do not see dividends being reinvested, then I suspect that the costs that your 401k provider imposes on you equal or exceed the...
by joer1212
Fri Jul 07, 2017 2:18 pm
Forum: Investing - Help with Personal Investments
Topic: Why Doesn't My 401(k) Pay Dividends?
Replies: 33
Views: 3145

Re: Why Doesn't My 401(k) Pay Dividends?

dbr wrote:A problem can be finding a really complete description of the investment due to lack of a prospectus and there is no way to track the investment in public quotes from the market.
One of my funds within the UIT is Vanguard, and it has a ticker symbol (VIIIX). How is this?
by joer1212
Fri Jul 07, 2017 10:50 am
Forum: Investing - Help with Personal Investments
Topic: Why Doesn't My 401(k) Pay Dividends?
Replies: 33
Views: 3145

Re: Why Doesn't My 401(k) Pay Dividends?

Seconding sschoe2. If you look at your statements, you'll probably see that the funds do throw off dividends but that they're reinvested--your share count has probably risen, which would give you a clue. That's what VIIIX does in my 457b. I checked my statements prior to posting, and found not even...
by joer1212
Fri Jul 07, 2017 10:47 am
Forum: Investing - Help with Personal Investments
Topic: Why Doesn't My 401(k) Pay Dividends?
Replies: 33
Views: 3145

Re: Why Doesn't My 401(k) Pay Dividends?

Your plan seems to include unit investment trusts , which are different from mutual funds and in the US only available in certain types of employer-sponsored retirement accounts. Like many European mutual funds, but unlike any US mutual funds or ETFs, they simply include dividends in the net asset ...
by joer1212
Fri Jul 07, 2017 10:33 am
Forum: Investing - Help with Personal Investments
Topic: Why Doesn't My 401(k) Pay Dividends?
Replies: 33
Views: 3145

Re: Why Doesn't My 401(k) Pay Dividends?

Collective Investment Trusts are not the only things that wrap investments up so that they don't appear to pay dividends. You have discovered that "Custom Plan Investment" can do the same thing. So can Variable Annuities. There are lots of things that can wrap up funds and change the bookkeeping. H...
by joer1212
Fri Jul 07, 2017 10:32 am
Forum: Investing - Help with Personal Investments
Topic: Why Doesn't My 401(k) Pay Dividends?
Replies: 33
Views: 3145

Re: Why Doesn't My 401(k) Pay Dividends?

Grt2bOutdoors wrote:Read the Summary Plan Description of 401k plan. You can get this from either your HR dept or the administrator of your plan.
Will check it out, thanks.
by joer1212
Fri Jul 07, 2017 10:31 am
Forum: Investing - Help with Personal Investments
Topic: Why Doesn't My 401(k) Pay Dividends?
Replies: 33
Views: 3145

Re: Why Doesn't My 401(k) Pay Dividends?

And please read this article, too: http://monevator.com/accumulation-funds-dividends/ about accumulation funds which are quite common. Thanks for the link. My issue is not that I'm not getting dividend distributions from my funds (I want them to be reinvested), it's that they are not listed at all ...
by joer1212
Thu Jul 06, 2017 3:03 pm
Forum: Investing - Help with Personal Investments
Topic: Why Doesn't My 401(k) Pay Dividends?
Replies: 33
Views: 3145

Re: Why Doesn't My 401(k) Pay Dividends?

Seconding sschoe2. If you look at your statements, you'll probably see that the funds do throw off dividends but that they're reinvested--your share count has probably risen, which would give you a clue. That's what VIIIX does in my 457b. I checked my statements prior to posting, and found not even...
by joer1212
Thu Jul 06, 2017 2:54 pm
Forum: Investing - Help with Personal Investments
Topic: Why Doesn't My 401(k) Pay Dividends?
Replies: 33
Views: 3145

Why Doesn't My 401(k) Pay Dividends?

Is there any reason why my company 401(k) and 457(b) never pays a dividend? Now, I already know what your answer is going to be. You're going to tell me that my employee retirement accounts are in a "collective investment trust", which does not throw off dividends directly, but increases the value o...
by joer1212
Fri Jun 23, 2017 12:01 pm
Forum: Investing - Help with Personal Investments
Topic: What's the Best Way to Invest in Cryptocurrencies?
Replies: 16
Views: 2590

Re: What's the Best Way to Invest in Cryptocurrencies?

Cryptocurrencies I am more agnostic on as investments. The volatility means that they are not a store of value in any meaningful sense. Today my Bitcoin buys me 50 loaves of bread, tomorrow 75? I don't need cryptocurrencies to be a "store of value" because, ultimately, I will cash out of ...
by joer1212
Fri Jun 23, 2017 2:19 am
Forum: Investing - Help with Personal Investments
Topic: What's the Best Way to Invest in Cryptocurrencies?
Replies: 16
Views: 2590

Re: What's the Best Way to Invest in Cryptocurrencies?

I think the ideal strategy is to simply buy proportional to their weight and rebalance regularly for all the reasons we bogleheads approach stock market indexes. As far as where to draw the line in terms of the long tail, it is mostly dependent on how much work one wants to do. Sounds like a sensib...
by joer1212
Fri Jun 23, 2017 2:05 am
Forum: Investing - Help with Personal Investments
Topic: What's the Best Way to Invest in Cryptocurrencies?
Replies: 16
Views: 2590

Re: What's the Best Way to Invest in Cryptocurrencies?

Do you think this is a feasible and effective strategy? I have no idea how to buy these things but if you do then sure, it's feasible to make 100 transactions once and then do nothing for 10 years. The question of effective leads directly to where you don't want to go. What do you mean by effective...
by joer1212
Fri Jun 23, 2017 2:03 am
Forum: Investing - Help with Personal Investments
Topic: What's the Best Way to Invest in Cryptocurrencies?
Replies: 16
Views: 2590

Re: What's the Best Way to Invest in Cryptocurrencies?

There's three ways to play this out. 1) Buy the cryptocurrencies outright. Diversify among the ones you buy. 2) Mine the cryptocurrencies yourself. 3) Buy up AMD or Nvidia. Each play has it's own set of advantages. I'm going to say right here my disclaimer that I own some AMD. At any rate, I was co...
by joer1212
Fri Jun 23, 2017 1:56 am
Forum: Investing - Help with Personal Investments
Topic: What's the Best Way to Invest in Cryptocurrencies?
Replies: 16
Views: 2590

Re: What's the Best Way to Invest in Cryptocurrencies?

That said I think it is very hard to justify calling this an investment and not speculation. If you want to "risk a modest sum in exchange for the possibility of big returns" you can also go to a casino and put everything on 1 number of the roulette. You can also buy gold, commodities, ex...
by joer1212
Thu Jun 22, 2017 2:20 pm
Forum: Investing - Help with Personal Investments
Topic: What's the Best Way to Invest in Cryptocurrencies?
Replies: 16
Views: 2590

What's the Best Way to Invest in Cryptocurrencies?

I want to put some money that I can afford to lose (10k) into cryptocurrencies. I'm doing this because I think this emerging market has great potential and can be very rewarding for an early investor. But, there is a daunting number of currencies to choose from, so I'm feeling a bit overwhelmed. To ...
by joer1212
Mon Jun 12, 2017 1:44 am
Forum: Investing - Theory, News & General
Topic: How much international stock? A suggestion.
Replies: 213
Views: 37594

Re: How much international stock? A suggestion.

What exactly is the rationale for investing according to market weight? The market weight is how the market invests. I am not smarter than the market, nor do I possess information that it does not, therefore I invest in the same way. Thanks, but if this is the case, why would John Bogle advise to o...
by joer1212
Sun Jun 11, 2017 3:24 pm
Forum: Investing - Theory, News & General
Topic: How much international stock? A suggestion.
Replies: 213
Views: 37594

Re: How much international stock? A suggestion.

What exactly is the rationale for investing according to market weight?
by joer1212
Tue May 30, 2017 1:19 am
Forum: Investing - Theory, News & General
Topic: Boglehead Portfolio vs. All Other Possible Investments
Replies: 74
Views: 6895

Re: Boglehead Portfolio vs. All Other Possible Investments

It seems logical that if you have a big enough portfolio, you can logically do better by creating your own index of individual stocks with a buy and hold mentality Are you saying that it's likely you'll outperform the market by picking your own stocks, even though the vast majority of professional ...
by joer1212
Sat May 27, 2017 2:27 pm
Forum: Investing - Theory, News & General
Topic: Boglehead Portfolio vs. All Other Possible Investments
Replies: 74
Views: 6895

Re: Boglehead Portfolio vs. All Other Possible Investments

Simple question: Is a passive, low-cost, diversified index portfolio* really the best bet to achieve the highest possible risk-adjusted, long-term returns anywhere? No, it isn't. Now that we've settled the only question in your post: What are you actually going to do differently now? How is this ac...
by joer1212
Fri May 26, 2017 2:27 am
Forum: Investing - Theory, News & General
Topic: Boglehead Portfolio vs. All Other Possible Investments
Replies: 74
Views: 6895

Re: Boglehead Portfolio vs. All Other Possible Investments

OP: are you asking about a decision one can make today based on today's information; or about the particular results of that decision at a predefined point in the future? PJW I'm asking about a decision one can make today, with the information that's available now. Also, bear in mind that I am comp...
by joer1212
Thu May 25, 2017 3:21 pm
Forum: Investing - Theory, News & General
Topic: Boglehead Portfolio vs. All Other Possible Investments
Replies: 74
Views: 6895

Re: Boglehead Portfolio vs. All Other Possible Investments

OK, fair enough. You make some good points. But, keep in mind that I am comparing the expected long-term returns of various investments. No doubt, there will be portfolios and investments of all kinds that will outperform a Boglehead portfolio in the short term. But, will those investments outperfo...
by joer1212
Thu May 25, 2017 2:44 pm
Forum: Investing - Theory, News & General
Topic: Boglehead Portfolio vs. All Other Possible Investments
Replies: 74
Views: 6895

Re: Boglehead Portfolio vs. All Other Possible Investments

OK, fair enough. You make some good points. But, keep in mind that I am comparing the expected long-term returns of various investments. No doubt, there will be portfolios and investments of all kinds that will outperform a Boglehead portfolio in the short term. But, will those investments outperfo...
by joer1212
Thu May 25, 2017 2:10 pm
Forum: Investing - Theory, News & General
Topic: Boglehead Portfolio vs. All Other Possible Investments
Replies: 74
Views: 6895

Re: Boglehead Portfolio vs. All Other Possible Investments

Simple question: Is a passive, low-cost, diversified index portfolio* really the best bet to achieve the highest possible risk-adjusted, long-term returns anywhere? How do you know this? * total stock, total bond, total int'l (optional: small-cap value, REITs and TIPS) No, it will not have the high...
by joer1212
Thu May 25, 2017 2:05 pm
Forum: Investing - Theory, News & General
Topic: Boglehead Portfolio vs. All Other Possible Investments
Replies: 74
Views: 6895

Re: Boglehead Portfolio vs. All Other Possible Investments

OP: are you asking about a decision one can make today based on today's information; or about the particular results of that decision at a predefined point in the future? PJW I'm asking about a decision one can make today, with the information that's available now. Also, bear in mind that I am comp...
by joer1212
Thu May 25, 2017 12:26 pm
Forum: Investing - Theory, News & General
Topic: Boglehead Portfolio vs. All Other Possible Investments
Replies: 74
Views: 6895

Boglehead Portfolio vs. All Other Possible Investments

Simple question: Is a passive, low-cost, diversified index portfolio* really the best bet to achieve the highest possible risk-adjusted, long-term returns anywhere? How do you know this?

* total stock, total bond, total int'l (optional: small-cap value, REITs and TIPS)
by joer1212
Sat May 06, 2017 4:09 pm
Forum: Investing - Help with Personal Investments
Topic: Does Magic Formula works or ever worked for you?
Replies: 35
Views: 8264

Re: Does Magic Formula works or ever worked for you?

livesoft wrote:Here is a thread where someone tried it: http://www.early-retirement.org/forums/ ... 74510.html
Let's just say, it has not gone well.


In all fairness, the experiment was only 9 months old. Hardly long enough to be conclusive.
by joer1212
Fri May 05, 2017 2:43 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio Evaluation
Replies: 10
Views: 1410

Re: Portfolio Evaluation

Apologies for the very late post. I also work for the MTA, and I have been maxing out, both my 401(k) and 457(b), for years. Aside from your allocations, which are somewhat subjective, I would substitute the actively managed funds you hold now for the MTA index funds. They're cheaper and have a bett...
by joer1212
Tue Dec 27, 2016 12:19 pm
Forum: Investing - Theory, News & General
Topic: Pimco Income Fund vs. Vanguard Total Bond Market
Replies: 51
Views: 6746

Re: Pimco Income Fund vs. Vanguard Total Bond Market

Explorer wrote:TBM has a mandate on duration, which really hurt it in the recent past and will continue to hurt TBM every time there is a sudden move up in interest rates.

Make no mistake - TBM will be volatile as rates start rising.


Isn't this already priced in?
by joer1212
Tue Dec 27, 2016 12:06 pm
Forum: Investing - Theory, News & General
Topic: Pimco Income Fund vs. Vanguard Total Bond Market
Replies: 51
Views: 6746

Re: Pimco Income Fund vs. Vanguard Total Bond Market

Explorer wrote:By the way, there are other funds such as unconstrained active bond funds that should be examined as well.


I would like to do a comparison. Which particular bond funds are you referring to?
by joer1212
Mon Dec 26, 2016 1:12 pm
Forum: Investing - Theory, News & General
Topic: Pimco Income Fund vs. Vanguard Total Bond Market
Replies: 51
Views: 6746

Re: Pimco Income Fund vs. Vanguard Total Bond Market

What most people care about is another 2008 type event, which is why you hold the right types of bonds (intermediate, high quality, low cost, well diversified). The right types of bonds acts as a ballast to your portfolio. If we look at 2008 (1/1/08-12/31/08) we see that (in order of appearance in ...
by joer1212
Mon Dec 26, 2016 4:02 am
Forum: Investing - Theory, News & General
Topic: Pimco Income Fund vs. Vanguard Total Bond Market
Replies: 51
Views: 6746

Re: Pimco Income Fund vs. Vanguard Total Bond Market

One important point that I forgot to mention is that my financial advisor friend has access to PIMIX, which is an institutional class fund. It has no loads and a relatively low expense ratio. As an individual investor, I'm not sure if I qualify for this fund.
by joer1212
Mon Dec 26, 2016 2:59 am
Forum: Investing - Theory, News & General
Topic: Pimco Income Fund vs. Vanguard Total Bond Market
Replies: 51
Views: 6746

Re: Pimco Income Fund vs. Vanguard Total Bond Market

ofcmetz wrote:Just remember with active things can change like when Bill Gross left the Total Return Fund. Other times star managers can just lose their touch. Tread carefully.


Very true.
by joer1212
Mon Dec 26, 2016 2:58 am
Forum: Investing - Theory, News & General
Topic: Pimco Income Fund vs. Vanguard Total Bond Market
Replies: 51
Views: 6746

Re: Pimco Income Fund vs. Vanguard Total Bond Market

What's unclear is what portion of you or your friend's fixed income allocation the fund represents. If it is only a part of his fixed income allocation, I do think it makes sense to be in his Roth rather than Total Bond, as PIMIX has higher tax drag due to its higher yield. It is not a substitute f...
by joer1212
Mon Dec 26, 2016 12:39 am
Forum: Investing - Theory, News & General
Topic: Pimco Income Fund vs. Vanguard Total Bond Market
Replies: 51
Views: 6746

Re: Pimco Income Fund vs. Vanguard Total Bond Market

I'm a fan of and own PIMIX in my portfolio. It is part of my bond allocation with the rest being directly held CDs and Treasuries (now all < 5 years in maturity). PIMIX drives most of its higher yield from EM Debt vs Corporate Debt in Vanguard Total Bond Market. It also has a significantly lower du...
by joer1212
Mon Dec 26, 2016 12:30 am
Forum: Investing - Theory, News & General
Topic: Pimco Income Fund vs. Vanguard Total Bond Market
Replies: 51
Views: 6746

Re: Pimco Income Fund vs. Vanguard Total Bond Market

Taylor Larimore wrote:More money has been lost reaching for higher yield than has been lost at the point of a gun.


Did Bogle come up with this clever quip? I remember reading it somewhere. :thumbsup
by joer1212
Mon Dec 26, 2016 12:23 am
Forum: Investing - Theory, News & General
Topic: Pimco Income Fund vs. Vanguard Total Bond Market
Replies: 51
Views: 6746

Re: Pimco Income Fund vs. Vanguard Total Bond Market

Whoa! Since the turn of the new century in 2000 junk bonds have outperformed the S&P. If that is cherry picking then eyeball the return of Vanguard's high yield junk bond fund since inception in the late 70s. Looks pretty stellar to me and without the associated drawdowns of the S&P over th...
by joer1212
Sun Dec 25, 2016 10:46 pm
Forum: Investing - Theory, News & General
Topic: Pimco Income Fund vs. Vanguard Total Bond Market
Replies: 51
Views: 6746

Re: Pimco Income Fund vs. Vanguard Total Bond Market

it has had a much higher return than a total bond fund since inception, about 9.1% compared to 4.2%. This with appreciably more risk. The fund is very actively managed with sector bets, security analysis, macro/economic forecasts, etc., using leverage, investing significantly in high yield/emerging...
by joer1212
Sun Dec 25, 2016 10:30 pm
Forum: Investing - Theory, News & General
Topic: Pimco Income Fund vs. Vanguard Total Bond Market
Replies: 51
Views: 6746

Re: Pimco Income Fund vs. Vanguard Total Bond Market

Higher yield means more risk. Many around here agree that bonds are for safety and stocks are for returns. The same thought crossed my mind. I prefer to play it safe in the bond portion of my portfolio and take more risk on the equity side, even if that means allocating a higher percentage to stocks.
by joer1212
Sun Dec 25, 2016 9:15 pm
Forum: Investing - Theory, News & General
Topic: Pimco Income Fund vs. Vanguard Total Bond Market
Replies: 51
Views: 6746

Pimco Income Fund vs. Vanguard Total Bond Market

If you had a choice between the Pimco Income fund (PIMIX) and Vanguard Total Bond Market Index Fund (VBTLX) for your Roth IRA, which would you invest in? My friend is a successful financial advisor. He's transferring all his Roth IRA money into the Pimco fund (~390K). He says that it has a much high...
by joer1212
Thu Dec 22, 2016 2:33 pm
Forum: Personal Finance (Not Investing)
Topic: First-Time Home-Buyer Needs Advice
Replies: 19
Views: 1695

Re: First-Time Home-Buyer Needs Advice

Are there personal loans that offer a deferment of, say, 6 mo to 1 yr, or must monthly payments commence immediately after the loan is made?