Search found 521 matches

by michaelsieg
Sun Jun 18, 2017 10:26 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard High-Yield Corporate Fund Investor Shares VWEHX
Replies: 47
Views: 4329

Re: Vanguard High-Yield Corporate Fund Investor Shares VWEHX

This fund seems to always cause a lot of emotional reactions - for or against it. If this funds is suitable for the mother of the poster depends on many other things that we don't know - I know of many elderly retirees who completely shy away from equity risk and as this fund clearly has equity risk...
by michaelsieg
Sun May 28, 2017 11:27 pm
Forum: Investing - Theory, News & General
Topic: DON'T pay off your mortgage; instead reduce Sequence of Return Risk
Replies: 206
Views: 17194

Re: DON'T pay off your mortgage; instead reduce Sequence of Return Risk

In a high tax bracket, even tax-exempt bond yields may be higher than after-tax mortgage rates, which means that investing in tax-exempt bonds is better than paying down a mortgage. I am in this situation and I am not sure if I completely agree. It comes down to the 100s of threads if people should...
by michaelsieg
Sun May 21, 2017 5:01 pm
Forum: Investing - Theory, News & General
Topic: "Why Value Stocks Have Disappointed"
Replies: 42
Views: 6069

Re: "Why Value Stocks Have Disappointed"

"So, value enthusiasts, rejoice, investing in cheap stocks has not gone the way of John Cleese’s parrot." Thanks for posting Robert, I liked the 2001 quote of Bill Bernstein in the linked article "Of Mines, Farms, Forests, and Impatience": A much more reasonable supposition is t...
by michaelsieg
Mon May 08, 2017 10:11 pm
Forum: Local Chapters and Bogleheads Community
Topic: HAPPY BIRTHDAY MR. BOGLE: Let's Get The Party Started One Day Early
Replies: 68
Views: 4377

Re: HAPPY BIRTHDAY MR. BOGLE: Let's Get The Party Started One Day Early

Happy Birthday Jack - and thank you for all you have done and all you do!
by michaelsieg
Wed May 03, 2017 10:28 pm
Forum: Personal Finance (Not Investing)
Topic: Which High-Yield Online Savings Account Should I Open?
Replies: 72
Views: 9195

Re: Which High-Yield Online Savings Account Should I Open?

I have used the Dollarsavingsdirect savings account for a few years and it has worked well, it is all online, FDIC insured and the money is usually transferred the next day if you need it. I have it linked to my checking account with a different bank. No minimums. Have no relationship with them, but...
by michaelsieg
Sat Apr 29, 2017 10:54 pm
Forum: Personal Finance (Not Investing)
Topic: Which High-Yield Online Savings Account Should I Open?
Replies: 72
Views: 9195

Re: Which High-Yield Online Savings Account Should I Open?

Dollarsavingsdirect has a 1.25% savings account - the rate went up last month
by michaelsieg
Wed Mar 01, 2017 7:03 pm
Forum: Personal Finance (Not Investing)
Topic: Why can't I save enough to have decent vacation or restaurant meal
Replies: 125
Views: 12727

Re: Why can't I save enough to have decent vacation or restaurant meal

HCOL areas usually means higher salary.

That is not always true. For instance in medicine, many specialists in HCOLA urban areas often get paid significantly less than in more rural areas.
by michaelsieg
Tue Feb 14, 2017 10:47 pm
Forum: Investing - Help with Personal Investments
Topic: Foreign REIT vs. USA REIT?
Replies: 20
Views: 2169

Re: Foreign REIT vs. USA REIT?

I agree with Wolf359 about the asset location. The other issue I see is that your workplace S&P 500 fund has an ER of 0.62 - this raises the ER of your entire portfolio to almost 0.5%. It might be better to get a lower cost market index fund in a different account (assuming this is the cheapest ...
by michaelsieg
Wed Jan 25, 2017 8:59 pm
Forum: Local Chapters and Bogleheads Community
Topic: HAPPY 93RD BIRTHDAY, TAYLOR!
Replies: 199
Views: 10495

Re: HAPPY 93RD BIRTHDAY, TAYLOR!

Happy birthday Taylor!
It was such a pleasure to meet you in person at the last BH conference!
All my best wishes
Michael
by michaelsieg
Sun Dec 11, 2016 9:44 pm
Forum: Personal Consumer Issues
Topic: which pickup truck
Replies: 67
Views: 8234

Re: which pickup truck

It's not considered full sized, but I love my 2017 Ridgeline. The new one does look really nice. I have a 2007 Ridgeline truck and really like it, even though it has limits if you need to do heavy duty towing. I have about 110k miles on it and had no issues. I hope it lasts another 5 years, will pr...
by michaelsieg
Thu Nov 24, 2016 1:40 pm
Forum: Investing - Help with Personal Investments
Topic: Bond Market Strategy Now
Replies: 24
Views: 4716

Re: Bond Market Strategy Now

Forgot - Happy Thanksgiving to everyone!
by michaelsieg
Thu Nov 24, 2016 1:39 pm
Forum: Investing - Help with Personal Investments
Topic: Bond Market Strategy Now
Replies: 24
Views: 4716

Re: Bond Market Strategy Now

I think it is important that you stick with your AA that you decided in the past. This is especially important in times of volatility. Your bond allocation and duration (to me) looks reasonable. So if your 10/45/45/ bond allocation is off, I would mechanically rebalance to my desired AA. Your alloca...
by michaelsieg
Sat Nov 12, 2016 11:13 pm
Forum: Investing - Theory, News & General
Topic: Why patience and discipline are key to investing, it's temperament not intellect
Replies: 38
Views: 5834

Re: Why patience and discipline are key to investing, it's temperament not intellect

Thanks for posting Larry, The data you present make a strong argument for staying the course. I have a question about the implementation of the portfolios you backtested. You mention to have risk factors in equal parts in your model portfolios (e.g. beta, size value momentum). But when I look at fac...
by michaelsieg
Wed Aug 17, 2016 11:27 pm
Forum: Personal Consumer Issues
Topic: Medical Billing Question - Hospital Discharge Instructions led to acetaminophen OD
Replies: 69
Views: 6323

Re: Medical Billing Question - Hospital Discharge Instructions led to acetaminophen OD

Putting aside prohibited medical facts, as a personal consumer issue this is not true. EPIC will flash an alert that the dose exceeds a maximum recommended dose, but these are frequently bypassed with a single click. In fact there are so many alerts on so many issues that behaviorally providers bec...
by michaelsieg
Wed Aug 17, 2016 8:55 pm
Forum: Personal Consumer Issues
Topic: Medical Billing Question - Hospital Discharge Instructions led to acetaminophen OD
Replies: 69
Views: 6323

Re: Medical Billing Question - Hospital Discharge Instructions led to acetaminophen OD

I and glad that ultimately all was well. It seems like 2 separate "safety nets" didn't work. I would be surprised if today's EMRs would allow to print out discharge medications, that would lead to an overdose - the big players such as Epic or Centricity essentially don't allow you to write...
by michaelsieg
Wed Aug 17, 2016 8:45 pm
Forum: Investing - Help with Personal Investments
Topic: Pension and taxes...
Replies: 8
Views: 1221

Re: Pension and taxes...

There are many threads regarding "lump sum payout" versus a traditional pension on this site. Before you decide what to do, I would read some of them and then do the math carefully. Often, taking the pension is the better value, especially with today's low interest rates ( even if the pens...
by michaelsieg
Sun Jul 31, 2016 8:28 pm
Forum: Investing - Theory, News & General
Topic: Does anyone else create "mirror" accounts?
Replies: 9
Views: 1544

Re: Does anyone else create "mirror" accounts?

I like longinvest's return spreadsheet, that you can find in the wiki or if you use the google search box on the top of the page. It gives you an internal rate of return across all your accounts and a time weighted return and it is easy to use. It would be easy to set up a separate "mirroring&q...
by michaelsieg
Mon Jul 25, 2016 8:59 am
Forum: Investing - Help with Personal Investments
Topic: What bond fund do you recommend (VBTIX, VAIPX, PIMCO Stable Income Fund)
Replies: 6
Views: 883

Re: What bond fund do you recommend (VBTIX, VAIPX, PIMCO Stable Income Fund)

I was trying to find out more information about this fund for you, but I could not find a ticker symbol and the morningstar search box also didn't give any useful results. I think from looking at your link, and looking at the volatility (low), that this is a stable value fund. I would call the retir...
by michaelsieg
Sun Jul 24, 2016 11:08 pm
Forum: Investing - Help with Personal Investments
Topic: What bond fund do you recommend (VBTIX, VAIPX, PIMCO Stable Income Fund)
Replies: 6
Views: 883

Re: What bond fund do you recommend (VBTIX, VAIPX, PIMCO Stable Income Fund)

Is the PIMCO stable income fund a stable value fund that guarantees a certain APR? If so, most stable value funds give a fixed interest rate return (our plan updates the interest rate every 6 months, I believe) and have less (no?) term risk (i.e. the fund does not go down in value when interest rate...
by michaelsieg
Mon Jun 06, 2016 9:03 am
Forum: Investing - Help with Personal Investments
Topic: What would a Boglehead do? [401(k) contributions vs. paying off loans]
Replies: 42
Views: 3487

Re: What would a Boglehead do?

I recently in a similar situation also went the HELOC path - I would be inclined in shifting the debt to a HELOC and still max out the retirement savings, but obviously there might be individual situations where this might not be reasonable.
by michaelsieg
Mon May 16, 2016 10:36 pm
Forum: Personal Finance (Not Investing)
Topic: Rich But Middle Class
Replies: 233
Views: 26474

Re: Rich But Middle Class

We also like that they will be able to interact, compete against and surround themselves with the best and brightest, which should help them to reach their full potential. We live in a similar extremely HCOL area like you and we were also considering sending our kids to private schools starting wit...
by michaelsieg
Mon May 02, 2016 9:02 pm
Forum: Investing - Help with Personal Investments
Topic: What to do with VGPMX (Vanguard Precious Metals and Mining)?
Replies: 129
Views: 21456

Re: What to do with VGPMX (Vanguard Precious Metals and Mining)?

How high can it go?

Only needs to go up another 100% for me to break even....
by michaelsieg
Fri Apr 22, 2016 8:05 pm
Forum: Personal Finance (Not Investing)
Topic: switching from snow tires to the warm season
Replies: 7
Views: 911

Re: switching from snow tires to the warm season

Thank you all for your responses! Do you take the Ridegline off road ever or is it strictly a street truck? I mainly drive on the road, sometimes drive in our backyard, to get things in and out, but rarely - so I don't need an off-road tire. Bloom2708 - thanks so much for your input, I am going to l...
by michaelsieg
Fri Apr 22, 2016 2:03 pm
Forum: Personal Finance (Not Investing)
Topic: switching from snow tires to the warm season
Replies: 7
Views: 911

switching from snow tires to the warm season

Last fall, after reading this thread: https://www.bogleheads.org/forum/viewtopic.php?t=178009, I got the Michelin latitude x-ice snow tires for my Ridgeline truck at Costco, and I have been really happy with them when we had significant snow this winter. Now that we are hopefully done with snow, the...
by michaelsieg
Wed Apr 20, 2016 10:09 pm
Forum: Personal Finance (Not Investing)
Topic: Mortgage advice for second home.
Replies: 18
Views: 1842

Re: Mortgage advice for second home.

I also would try to avoid LTC gains taxes in your situation. The best mortgage rate will be likely for your primary home. In MD you also pay state and county income tax on LTC gains. I live in a high-tax rate county (like you probably too). My LTC gains taxes in MD for an investment last year that h...
by michaelsieg
Sat Apr 16, 2016 2:19 pm
Forum: Personal Finance (Not Investing)
Topic: Postnuptial agreement for Physician
Replies: 94
Views: 8484

Re: Postnuptial agreement for Physician

I think most things that needed to be said have been said. A postnuptial agreement makes absolutely no sense in your situation - it is very different, if one side brings significant assets into a marriage. No matter how the marriage will turn out, it makes it easy that you both essentially start fro...
by michaelsieg
Wed Apr 13, 2016 9:38 pm
Forum: Investing - Theory, News & General
Topic: I'm Calling an Emerging Markets Bottom
Replies: 250
Views: 42492

Re: I'm Calling an Emerging Markets Bottom

Greayfox, I liked your way of looking where the "center of gravity" for these markets are. I was surprised that the EM is in the Red See about 100 miles south of Mecca (hope I entered the numbers right) and the average for the developed Markets were north to the Red See in Turkey (surprisi...
by michaelsieg
Sun Apr 10, 2016 2:00 pm
Forum: Personal Consumer Issues
Topic: Honda Odyssey
Replies: 41
Views: 4614

Re: Honda Odyssey

One of the best purchases we ever made. Get a model with a built-in DVD player, it makes long-distance trips much easier for the kids. We have a 2007 that we bought new and I hope it will last until they are all off for college (another 11 years...may be a bit optimistic :))
by michaelsieg
Sun Apr 10, 2016 1:55 pm
Forum: Personal Consumer Issues
Topic: My current bicycle tour in Italy
Replies: 39
Views: 4965

Re: My current bicycle tour in Italy

Drive safely, looking forward to see your updates!
Loved your diary from last year
Hope it is not too cold there - good luck with the weather!
Michael
by michaelsieg
Thu Apr 07, 2016 9:12 am
Forum: Investing - Theory, News & General
Topic: Efficient frontier?
Replies: 21
Views: 2764

Re: Efficient frontier?

I agree that the efficient frontier is not that important for the OP. The key question for him is to have a careful look at his risk tolerance. I think it really matters to look at the maximal drawdown of a portfolio if equity markets have a bear market. There was a good discussion on this topic in ...
by michaelsieg
Thu Apr 07, 2016 8:37 am
Forum: Investing - Theory, News & General
Topic: Which individual countries hold the most promise for future investment gains?
Replies: 86
Views: 6917

Re: Which individual countries hold the most promise for future investment gains?

As to my list of similar to US culture countries it includes Canada, UK, South Africa, HK, S. Korea, Malaysia, Singapore, Germany, Netherlands & Scandinavia. At least with these you know the rules will most likely not change in the future. Packer I look at country specific investing similarly a...
by michaelsieg
Tue Apr 05, 2016 9:30 pm
Forum: Personal Finance (Not Investing)
Topic: 50/ can I cross the finish line?
Replies: 51
Views: 8041

Re: 50/ can I cross the finish line?

I would second what has been said before, pay off the mortgage - I would not refinance in your situation - you probably have significant long-term capital gains, so it might make sense to take some of your bond portion to pay off the mortgage, to avoid taxes. You will be surprised how good if feels ...
by michaelsieg
Fri Apr 01, 2016 9:19 am
Forum: Investing - Theory, News & General
Topic: Recency, relativism, patience, discipline and tracking error
Replies: 6
Views: 758

Re: Recency, relativism, patience, discipline and tracking error

Thanks for posting Larry, I liked the article, especially the part about the patience that is needed in investing. You write in your article that the balance between domestic and international/EM is almost as important as the equity/bond mix. What balance do you currently recommend for the average i...
by michaelsieg
Wed Mar 30, 2016 9:05 pm
Forum: Investing - Help with Personal Investments
Topic: FLTMX vs FSITX for taxable account
Replies: 11
Views: 1046

Re: FLTMX vs FSITX for taxable account

Thanks Grabiner - I really appreciate your posts!
by michaelsieg
Wed Mar 30, 2016 8:31 pm
Forum: Investing - Help with Personal Investments
Topic: FLTMX vs FSITX for taxable account
Replies: 11
Views: 1046

Re: FLTMX vs FSITX for taxable account

Grabiner, Thanks for your thoughtful response. I am in MD like you, have you looked into the MD municipal bond funds? VG does not offer any, but T Rowe Price has an intermediate duration fund (MDXBX)- which fund would you recommend, if you were looking for a MD specific intermediate (good quality) M...
by michaelsieg
Mon Mar 28, 2016 6:21 pm
Forum: Personal Finance (Not Investing)
Topic: sellers want us to waive financing contingency
Replies: 80
Views: 8438

Re: sellers want us to waive financing contingency

Congrats letsgobobby! That is great news! Hope it all works out
by michaelsieg
Sun Mar 27, 2016 10:39 pm
Forum: Personal Finance (Not Investing)
Topic: sellers want us to waive financing contingency
Replies: 80
Views: 8438

Re: sellers want us to waive financing contingency

I didn't read all the comments, but we bought our house after waiving this contingency. I don't regret that we did, our seller had 3 offers and this made them choose us. The main risk for us was, that the appraisal (on which the bank bases the amount of the mortgage) might have come out lower than t...
by michaelsieg
Sat Mar 19, 2016 10:47 pm
Forum: Investing - Theory, News & General
Topic: Cost of $1000 per Month Inflation-Adjusted Income?
Replies: 67
Views: 9256

Re: Cost of $1000 per Month Inflation-Adjusted Income?

I also really enjoy this thread - thanks to everyone who contributed. I looked at a different possible solution and looked at the Vanguard High Yield Bond fund (VWEHX) as a possible source of a safe inflation adjusted income. This fund has a 35 year history since 1980, I took the daily closing price...
by michaelsieg
Tue Mar 15, 2016 11:43 am
Forum: Investing - Theory, News & General
Topic: A call to all Bogleheads: let's accurately calculate returns!
Replies: 13
Views: 2373

Re: A call to all Bogleheads: let's accurately calculate returns!

I always used to use the Morningstar website, and it calculated the return ro me. Now I am using longinvest's spreadsheet, it is simple and gives you a time and money weighted return. It actually safes time compared to Morningstar, as you don't have to update the # of shares after dividend reinvestm...
by michaelsieg
Sat Mar 12, 2016 7:46 pm
Forum: Investing - Help with Personal Investments
Topic: Assett allocation, pension as bond
Replies: 24
Views: 1848

Re: Assett allocation, pension as bond

No matter if you look at your pension as a bond or as an income stream, I think it is important that you know exactly how your benefits (i.e. income stream) are calculated. It is not helpful that people tell you it is worth "several millions", as the annuity projections that people use to ...
by michaelsieg
Sun Mar 06, 2016 1:47 pm
Forum: Investing - Theory, News & General
Topic: Diversify with Intl Small Cap instead of EM?
Replies: 35
Views: 3785

Re: Diversify with Intl Small Cap instead of EM?

I went with the fundamental rafi indexes in my international AA - for int developed I use PXF and PDN and for EM I use PHX and for EM small I chose DGS. I think it is important to first decide your % AA (US/Dev/EM) and if you want to have a value/size tilt, and how much of it you want - after that I...
by michaelsieg
Sat Mar 05, 2016 11:46 pm
Forum: Investing - Theory, News & General
Topic: Bogleheads' Rule of Thumb - Stocks vs Bonds
Replies: 103
Views: 13706

Re: Bogleheads' Rule of Thumb - Stocks vs Bonds

That would be Adrian's rule. I used to like his posts - I wonder what happened to him... I remember that in one thread during or shortly after the financial crisis he decided to increase his equity allocation based on what he felt were low valuations of the markets and he got heavily criticized on ...
by michaelsieg
Fri Mar 04, 2016 11:23 pm
Forum: Investing - Help with Personal Investments
Topic: What to do with VGPMX (Vanguard Precious Metals and Mining)?
Replies: 129
Views: 21456

Re: What to do with VGPMX (Vanguard Precious Metals and Mining)?

Fat-Tailed Contagion - Is there a reason for posting the latest price info? Probably because it feels good to see some gains after years of having the fund loose money - for those of us who have rebalanced into the fund as it went down over the past few years it just feels good to finally see the t...
by michaelsieg
Fri Mar 04, 2016 9:51 am
Forum: Investing - Theory, News & General
Topic: Under the hood of 5 multifactor funds
Replies: 44
Views: 5375

Re: Under the hood of 5 multifactor funds

Thanks for posting Robert
by michaelsieg
Tue Mar 01, 2016 2:23 pm
Forum: Investing - Theory, News & General
Topic: What are you up YTD? [Year To Date]
Replies: 1462
Views: 260269

Re: What are you up YTD? [Year To Date]

YTD as of 2/29/2016: -1.58% (using longinvest's spreadsheet). Have not had the time to upgrade it to the newest version.
by michaelsieg
Fri Feb 12, 2016 10:03 pm
Forum: Personal Consumer Issues
Topic: Best Car for Family of 5?
Replies: 71
Views: 6532

Re: Best Car for Family of 5?

We got a minivan when we were at that stage, the big advantage for my wife was, that when she had to lift the baby and toddler in their carseats, she didn't have to bend down to click the seat into the base (she threw her back out with the old Accord doing this). Also the sliding doors of the miniva...
by michaelsieg
Mon Feb 08, 2016 4:33 pm
Forum: Investing - Help with Personal Investments
Topic: Thank goodness for my precious metals
Replies: 63
Views: 4916

Re: Thank goodness for my precious metals

Not to bring up a discussion about the utility of PM or not, there have been several very good discussions about this on this forum. I have a small allocation to PM and I feel very different about this asset class than the OP. I have to say that the last few years have been extremely painful - I had...
by michaelsieg
Wed Feb 03, 2016 10:10 am
Forum: Personal Finance (Not Investing)
Topic: Physician buying an 850k vs 1.25m house
Replies: 54
Views: 7323

Re: Physician buying an 850k vs 1.25m house

Statistically, most physicians will not stay long in their first job - if you buy a home, it is important that you also look at the ease of selling it some day, should you want or have to switch jobs. Criteria to look for are a good school area/desirable location and an average price in that area - ...