Search found 474 matches

by michaelsieg
Fri Feb 12, 2016 10:03 pm
Forum: Personal Consumer Issues
Topic: Best Car for Family of 5?
Replies: 68
Views: 3782

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: 3426

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: 5114

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 - ...
by michaelsieg
Sat Jan 30, 2016 3:02 pm
Forum: Personal Consumer Issues
Topic: Unwinding day old terrible car deal for mother-in-law
Replies: 186
Views: 15765

Re: Unwinding day old terrible car deal for mother-in-law

The loan interest rate is really bad, Honda usually offers 1% interest car loans - it might be worth asking the dealership why she didn't get that rate - that would make the cost of the loan more tolerable. But maybe her credit score will not allow her to qualify for that rate....
by michaelsieg
Sun Jan 24, 2016 1:54 pm
Forum: Investing - Help with Personal Investments
Topic: Think my future father in law is giving the wrong advice to my fiance..what should i do?
Replies: 111
Views: 9114

Re: Think my future father in law is giving the wrong advice to my fiance..what should i do?

Maybe the father-in-law is so well-off, that there is no need for his daughter to take any risk....if there are many millions waiting for her, then it probably does not matter if she invests in T-bills or TSM....
by michaelsieg
Sun Jan 24, 2016 10:14 am
Forum: Investing - Help with Personal Investments
Topic: Think my future father in law is giving the wrong advice to my fiance..what should i do?
Replies: 111
Views: 9114

Re: Think my future father in law is giving the wrong advice to my fiance..what should i do?

It is difficult for an outsider to give you good advice on this one. I think your plan is better than your father in law's, as time in the market matters more than timing the market. However, It might be better to" lay low" in your situation - Your wife's risk tolerance might not allow an ...
by michaelsieg
Thu Jan 21, 2016 12:02 am
Forum: Investing - Theory, News & General
Topic: Warning Signs [Economic health indicators]
Replies: 270
Views: 37144

Re: Warning Signs [Economic health indicators]

It would be interesting to know, if any of the previously discussed warning signs were showing an increased likelihood of this current downturn before it happened- of course it is hindsight now, but it would be interesting to check it out and might help to validate (or dismiss) some of these indicat...
by michaelsieg
Wed Jan 20, 2016 8:13 am
Forum: Investing - Theory, News & General
Topic: I'm Calling an Emerging Markets Bottom
Replies: 127
Views: 12451

Re: I'm Calling an Emerging Markets Bottom

Almost at the bottom - maybe today? The downward trend seems to continue...
I am just getting to my rebalancing bands for EM, will rebalance later this week (today if I have time).
by michaelsieg
Thu Jan 07, 2016 4:25 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 2754
Views: 546900

Re: U.S. stocks in freefall

Did some tax loss harvesting in December and changed some EM funds (DGS and PXH) into VEMAX, which I like less than what I had, but the tax loss seemed to be worth it to me. My biggest concern was that EM would skyrocket early in the year and I would be stuck with VEMAX. Even though this decline hur...
by michaelsieg
Fri Jan 01, 2016 11:27 pm
Forum: Investing - Theory, News & General
Topic: REGISTRATION FOR THE 2016 BOGLEHEAD CONTEST
Replies: 646
Views: 14598

Re: REGISTRATION FOR THE 2016 BOGLEHEAD CONTEST

1648
Hope I don't win
Happy New Year!
by michaelsieg
Tue Dec 29, 2015 1:28 pm
Forum: Investing - Theory, News & General
Topic: Jack Bogle on Bloomberg TV (12-29-15)
Replies: 20
Views: 1615

Re: Jack Bogle on Bloomberg TV (12-29-15)

Thanks for posting Rx 4 investing, I always enjoy to hear him talk - he always helps to put the gyrations of the market into perspective and to keep a long-term focus.
by michaelsieg
Mon Dec 14, 2015 11:40 pm
Forum: Personal Finance (Not Investing)
Topic: Using HELOC to continuously pay down mortgage?
Replies: 15
Views: 1440

Re: Using HELOC to continuously pay down mortgage?

I agree, the only way this would make sense is if there is an interest rate difference between the HELOC and the mortgage.
by michaelsieg
Mon Dec 14, 2015 11:27 pm
Forum: Investing - Theory, News & General
Topic: Currency hedging in international equity funds?
Replies: 15
Views: 1078

Re: Currency hedging in international equity funds?

Thanks Doc and Watty, If you are planning on retiring in Switzerland one option would be to buy a home there now that you could rent out until you move there and retire. That would cover one of your largest retirment expenses and give you income in Swiss francs. I don't think we will retire in Switz...
by michaelsieg
Mon Dec 14, 2015 9:03 am
Forum: Investing - Theory, News & General
Topic: Currency hedging in international equity funds?
Replies: 15
Views: 1078

Re: Currency hedging in international equity funds?

Thank you everyone for their input - this was very helpful. I am not interested in FOREX speculation, and I do not believe that the random fluctuation that currency exchange adds to foreign stocks is a beneficial kind of diversification. Just like Nisi, have no interest in speculating on currencies,...
by michaelsieg
Fri Dec 11, 2015 9:33 pm
Forum: Investing - Theory, News & General
Topic: Currency hedging in international equity funds?
Replies: 15
Views: 1078

Re: Currency hedging in international equity funds?

Thank you so much Garland, this is very helpful. 4) There are plenty of INTL currency hedged equity and bond funds and etfs to choose from if you wish to do so and I suspect their hedging contracts come at lower prices than you as an individual can get. Has anyone looked into these? Are there good i...
by michaelsieg
Fri Dec 11, 2015 9:10 am
Forum: Investing - Theory, News & General
Topic: Currency hedging in international equity funds?
Replies: 15
Views: 1078

Currency hedging in international equity funds?

It sure would be nice to buy some “insurance” against a raising dollar and I would be willing to pay a fee for it. Basically I would like to know if anyone has looked into the cost of international investing with a reduced currency risk. I have a (about) market cap weighted international allocation ...
by michaelsieg
Sat Nov 28, 2015 12:18 am
Forum: Investing - Help with Personal Investments
Topic: No Admiral Shares in a Vanguard Individual 401(k)
Replies: 42
Views: 7656

Re: No Admiral Shares in a Vanguard Individual 401(k)

I didn't follow the entire discussion, but I was shopping with Vanguard earlier this year as my wife's small company was looking for a new provider for their 401k plan. The VG small company rep told me (and sent me a written proposal) that there are 2 ways to set up a 401k plan for a small business....
by michaelsieg
Sun Nov 22, 2015 7:32 pm
Forum: Investing - Theory, News & General
Topic: Explain interest rate rise and effect on bond price
Replies: 49
Views: 4365

Re: Explain interest rate rise and effect on bond price

Thanks Kevin, really appreciate your posts.
by michaelsieg
Sun Nov 22, 2015 1:59 pm
Forum: Investing - Theory, News & General
Topic: Explain interest rate rise and effect on bond price
Replies: 49
Views: 4365

Re: Explain interest rate rise and effect on bond price

The question of the OP suggests to me that he is worried about loosing principal. So it would be interesting for him (and for me) to know, how CDs (as an alternative to his bond fund) would respond in an environment of rising interest rates. Anyone know how CDs will (or have in the past) respond to ...
by michaelsieg
Thu Nov 19, 2015 10:58 pm
Forum: Investing - Theory, News & General
Topic: Most important financial metric/calculation?
Replies: 39
Views: 3549

Re: Most important financial metric/calculation?

I do something similar to Kevin, I recently started measuring our portfolio size relative to one year of our (estimated) residual living expenses, which I call 100%. We currently plan to reach a portfolio size of 30,000% (or 30x living expenses) and we currently save about one year of residual livin...
by michaelsieg
Wed Nov 18, 2015 11:08 pm
Forum: Personal Consumer Issues
Topic: Treehouse in Backyard - Liability Question
Replies: 30
Views: 2684

Re: Treehouse in Backyard - Liability Question

You could consider getting an umbrella policy, just in case the homeowners won't pay if something happens. Your homeowner's premium might go up if you call and tell them about your treehouse, so an umbrella policy might be cheaper. Our umbrella policy has very broad coverage.
by michaelsieg
Sun Nov 15, 2015 10:18 pm
Forum: Personal Finance (Not Investing)
Topic: Keep expensive COBRA for IVF coverage?
Replies: 16
Views: 1286

Re: Keep expensive COBRA for IVF coverage?

Not sure if this was said before, but you could sign up for COBRA and also get your new health insurance with your new employer. Start the next IVF cycle asap. Hopefully the IVF cycle will work and once your wife is pregnant and all is well, then you drop the COBRA, which you can do at anytime you w...
by michaelsieg
Mon Nov 09, 2015 9:35 am
Forum: Investing - Theory, News & General
Topic: Hedge fund for the masses?
Replies: 72
Views: 5323

Re: Hedge fund for the masses?

Did you read Prigent and Sharpe's paper on CPPI, or the paper that the authors refer above on TPPI? I know about CPPI for some time and read the TPPI paper. Based on these two documents I came to the conclusion that their ideas are interesting and worth exploring. Their selection of investment inst...
by michaelsieg
Tue Oct 27, 2015 10:11 pm
Forum: Local Chapters and Bogleheads Community
Topic: Congrats to Laura Dogu
Replies: 67
Views: 8344

Re: Congrats to Laura Dogu

Congratulations Laura - what an honor! All my best wishes and hopefully things in Nicaragua are politically calm. It was nice to meet you in person at the BH meeting 2 years ago. Best of luck
Michael
by michaelsieg
Mon Oct 26, 2015 8:59 pm
Forum: Investing - Theory, News & General
Topic: Crazy Lazy Portfolio - TSM/REIT/SCV
Replies: 66
Views: 4689

Re: Crazy Lazy Portfolio - TSM/REIT/SCV

Just entered the numbers myself, for portfolio #1 I get a CAGR of 10.5%, and the end balance with the initial investment of 10k is 747k.
Something is off with your numbers.
by michaelsieg
Sun Oct 25, 2015 9:05 am
Forum: Investing - Theory, News & General
Topic: "Bogle: Tough Decade Ahead for Equity Investors"
Replies: 135
Views: 14225

Re: "Bogle: Tough Decade Ahead for Equity Investors"

these predictions also move the needle on the rent vs. buy calculator for those who currently rent. Finally reset my popup windows and was able to see the interview... These predictions might also change how someone approaches the problem "pay off mortgage vs. invest" - it would seem that...
by michaelsieg
Fri Oct 23, 2015 10:38 pm
Forum: Investing - Theory, News & General
Topic: "Bogle: Tough Decade Ahead for Equity Investors"
Replies: 135
Views: 14225

Re: "Bogle: Tough Decade Ahead for Equity Investors"

Thanks for checking JoMoney, I must have a cookie or something that morningstar does not like about my browser, interestingly, my regular access to morningstar works...
will hopefully get it to work tomorrow.
by michaelsieg
Fri Oct 23, 2015 10:02 pm
Forum: Investing - Theory, News & General
Topic: "Bogle: Tough Decade Ahead for Equity Investors"
Replies: 135
Views: 14225

Re: "Bogle: Tough Decade Ahead for Equity Investors"

I have been trying to click on Taylor's link to see this interview, but i get an "Access denied" note from Morningstar - not sure if the link still works.
Does anyone else have this problem or is it a problem on my side?
Thanks for letting me know
by michaelsieg
Wed Oct 21, 2015 9:31 pm
Forum: Personal Consumer Issues
Topic: Dissuade me from buying art [Kauai]
Replies: 44
Views: 3821

Re: Dissuade me from buying art [Kuaui]

Go for it, it is unlikely that you will regret it.
Try to bargain (within reason) to get a lower the price, it is often possible - if you offer to pay it in cash, that often gives some room to bargain.
Please let us know if you decided to buy it.
by michaelsieg
Tue Oct 20, 2015 12:19 pm
Forum: Investing - Theory, News & General
Topic: "Morningstar Names Best 529 College-Savings Plans for 2015"
Replies: 27
Views: 3501

Re: "Morningstar Names Best 529 College-Savings Plans for 2015"

Thanks Taylor,
We are in MD and I am glad the T. Rowe price plan also got a gold rating, even though the expenses are definitely higher than with the Nevada VG plan. But I get the tax deduction here, so it is probably worth keeping it.
Thanks for all you do for us!
Michael
by michaelsieg
Tue Oct 20, 2015 12:12 pm
Forum: Personal Finance (Not Investing)
Topic: Retiring at 54
Replies: 34
Views: 5947

Re: Retiring at 54

Not sure if this has been said before, but in addition to the Roth conversions over the next few years from your IRAs you should also look into your taxable brokerage account. Chances are that you have really significant LT capital gains. If you are in the 15% tax bracket, you will not have to pay L...
by michaelsieg
Sat Oct 03, 2015 8:22 am
Forum: Investing - Theory, News & General
Topic: What are you up YTD? [Year To Date]
Replies: 753
Views: 111545

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

I have about the same equity/bond mix and also about the same returns that longinvest describes, I am using his spreadsheet and I really like it. Especially with the Vanguard accounts, it literally takes a minute to enter the data every month (you just have to check "balances over time" in...
by michaelsieg
Sun Sep 27, 2015 11:21 pm
Forum: Investing - Theory, News & General
Topic: Vanguard sued for [failing to charge market rates to and then paying taxes on services to its mutual funds]
Replies: 776
Views: 108384

Re: Vanguard sued for charging too little

won the lottery wrote: It is providing services at below market prices. This is not true and just stating this repeatedly does not make it true. I just checked mutualfunddirectory.org, where you can look up the largest US mutual fund companies ranked by AUM. The top 4 are: Blackrock, Vanguard, State...
by michaelsieg
Tue Sep 15, 2015 12:17 pm
Forum: Investing - Theory, News & General
Topic: A blast from the past (index fund article from 28 years ago)
Replies: 7
Views: 785

Re: A blast from the past (index fund article from 28 years ago)

From the article:
Vanguard has attracted almost $12 milion in its bond index mutual fund for individuals.


Amazing how things for Vanguard have changed in terms of AUM (Morningstar estimates the AUM for VBLTX at 148 billion today).
by michaelsieg
Thu Sep 03, 2015 9:51 am
Forum: Investing - Theory, News & General
Topic: Selling all equities, discuss why I'm wrong. :)
Replies: 183
Views: 18874

Re: Selling all equities, discuss why I'm wrong. :)

Not sure if this was said before - but I think your asset allocation (AA) was too high for your risk tolerance to begin with. I would look at the Merriman retirement table (http://paulmerriman.com/retirement-distributions-how-much-can-you-afford/) and find out what maximal loss you can be comfortabl...
by michaelsieg
Wed Aug 12, 2015 8:12 pm
Forum: Investing - Theory, News & General
Topic: QSPIX - thoughts on interesting fund
Replies: 1078
Views: 117843

Re: QSPIX - thoughts on interesting fund

TD might as well.

I tried to get QSPIX a few months ago in my TDA 403 brokerage account - I was able to place the order online, but it didn't go through, they told me the next day that the minimum is 1M.

Has actually anyone on this forum bought this fund outside a Fidelity IRA?
by michaelsieg
Thu Jul 30, 2015 5:01 pm
Forum: Investing - Theory, News & General
Topic: Why is stock market so reactionary to news on daily basis?
Replies: 46
Views: 3105

Re: Why is stock market so reactionary to news on daily basis?

The media is making up theories to justify the movement (in most cases). This- I think Kenyan nailed it, the logic is usually the other way around - media are often trying to find an explanation after a stock market movement is observed. Some explanations sound plausible and others seem way off. Bu...
by michaelsieg
Thu Jul 30, 2015 4:48 pm
Forum: Investing - Help with Personal Investments
Topic: Rebalancing Help Requested! Cash to Invest + New 401k
Replies: 10
Views: 801

Re: Rebalancing Help Requested! Cash to Invest + New 401k

Just a brief point - Larry Swedroe recommended QSPIX for investors as a relatively "low cost" alternative (no beta) investment. I would check the long (and at times) heated discussions about this fund. If you think this is an option for your 5% alternative strategy I would keep the Fidelit...
by michaelsieg
Thu Jul 23, 2015 7:56 am
Forum: Investing - Theory, News & General
Topic: Hard assets are having some very hard times
Replies: 16
Views: 1997

Re: Hard assets are having some very hard times

I decided a few years ago to have a small allocation to gold/precious metals stocks. It has been a hard exercise to rebalance into this falling asset over the last few years and the losses have been so substantial, that this small allocation has been a significant drag on my overall portfolio perfor...
by michaelsieg
Tue Jul 21, 2015 9:56 pm
Forum: Investing - Help with Personal Investments
Topic: Why invest in BNDX's when 30 day SEC yield = 0.76%.
Replies: 102
Views: 7443

Re: Why invest in BNDX's when 30 day SEC yield = 0.76%.

Warren Buffett and Rick Ferri already recommend U.S. bonds only, as does Jack Bogle and David Swensen. Thoughts? I also think that the currency hedging ( and currency exchange rates) adds risk and complexity and I am not sure if this is a fund for an average US investor. But I also have a lot of tr...
by michaelsieg
Mon Jul 20, 2015 10:27 pm
Forum: Personal Consumer Issues
Topic: Do you hate your vehicle infotainment system?
Replies: 76
Views: 7383

Re: Do you hate your vehicle infotainment system?

Rented a Mercedes this spring in Europe, I was at a complete loss - the complexity of the system is hard to beat - it took me about 30 minutes to enter an address and get on the way. Also figuring out the volume of the radio so I could hear the navigation system was a problem. Love my Honda's system...
by michaelsieg
Mon Jul 20, 2015 10:16 pm
Forum: Investing - Help with Personal Investments
Topic: Why invest in BNDX's when 30 day SEC yield = 0.76%.
Replies: 102
Views: 7443

Re: Why invest in BNDX's when 30 day SEC yield = 0.76%.

I am interested in following the discussion about how the diversification might pay off anyway, but I haven't seen a convincing argument yet. I also don't own BNDX, but I think the diversification is probably for different term risk. If inflation rates diverge in different economic areas (let's say...
by michaelsieg
Fri Jul 17, 2015 8:53 pm
Forum: Investing - Theory, News & General
Topic: The next Lehman - this week? [Greek default]
Replies: 237
Views: 27185

Re: The next Lehman - this week? [Greek default]

Did anybody buy GREK?
(I don't gamble but maybe someone felt lucky...)
by michaelsieg
Fri Jul 17, 2015 8:47 pm
Forum: Personal Finance (Not Investing)
Topic: questions about 529 plan - asset allocation
Replies: 22
Views: 1941

Re: questions about 529 plan - asset allocation

Thanks for asking ciscovp I have to be honest, I have not taken the time to do it, I guess it was just inertia. We are still saving for the 3 kids every month and I should be doing the rollover. I switched to a fairly conservative AA within the plan to lock in the substantial gains we have had over ...
by michaelsieg
Fri Jul 17, 2015 8:37 pm
Forum: Personal Finance (Not Investing)
Topic: Take an annuity or lump sum?
Replies: 16
Views: 1705

Re: Take an annuity or lump sum?

At age 70 I will need to withdraw from there and I'm worried about taxes. Mule, BigJohn linked really important discussions and I think it is a good idea if you take the time to read them. What he was trying to say is that you don't have to leave your money in your retirement accounts until you are...
by michaelsieg
Thu Jul 16, 2015 9:59 pm
Forum: Investing - Help with Personal Investments
Topic: Total Stock Market vs. Vanguard Dividend Growth
Replies: 15
Views: 2803

Re: Total Stock Market vs. Vanguard Dividend Growth

Some experienced posters have discussed on this forum to use the VG dividend appreciation index (VDAIX) as a surrogate for the US high quality stocks, which is a separate category in the GMO forcast. Their forcast is published monthly on their website. I was trying to find out the difference between...
by michaelsieg
Wed Jul 15, 2015 7:19 am
Forum: Personal Finance (Not Investing)
Topic: Take an annuity or lump sum?
Replies: 16
Views: 1705

Re: Take an annuity or lump sum?

Not sure if I understand your question right, but if they offer an about 150k lumpsum payout as opposed to a pension of 8k/year, then the pension seems to be the better deal. 8000k/year= is 5.3% of your lumpsum and probably your pension is insured (most pensions are, but you have to check with your ...
by michaelsieg
Wed Jul 15, 2015 7:11 am
Forum: Investing - Theory, News & General
Topic: What 2008/09 has done to me
Replies: 158
Views: 20334

Re: What 2008/09 has done to me

Every personal item I keep at work fits in one shopping bag and that shopping bag is also at work. Looking at my office, I would have to get several boxes....never looked at my office space that way. Maybe it is time to clean out some clutter for me. Thanks for all the posters on this thread, it do...
by michaelsieg
Wed Jul 15, 2015 7:06 am
Forum: Personal Finance (Not Investing)
Topic: I tipped 15% and got a dirty look
Replies: 129
Views: 7491

Re: I tipped 15% and got a dirty look

I am from Switzerland, where they got rid of the tipping system and implemented a service charge included in the food/drink price when I was a kid. So from that time on, waiters would get their share no matter how bad the service was. The argument at the time was," why should an attractive youn...

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