Search found 1524 matches

by munemaker
Mon Jun 26, 2017 1:32 pm
Forum: Investing - Theory, News & General
Topic: International Stocks - New thoughts
Replies: 69
Views: 3478

Re: International Stocks - New thoughts

[ In general, your post sounds like a whole bunch of confirmation bias. Bogle's comments are "impressive" while Swenson's are "weak and unsubstantiated". Or maybe he is reading the referenced comments objectively, free of any bias. All of a sudden, an idea someone doesn't agree ...
by munemaker
Mon Jun 26, 2017 12:17 pm
Forum: Personal Consumer Issues
Topic: Sam's Club vs. Costco
Replies: 53
Views: 2985

Re: Sam's Club vs. Costco

Around here, there are almost no brand name stations left, just convenience stores. One convenience chain sells CITGO branded gasoline. I never really looked at any one of these as being any better than another. Does it matter? Is CITGO top tier? I have driven hundreds of thousands of miles and nev...
by munemaker
Mon Jun 26, 2017 11:15 am
Forum: Personal Finance (Not Investing)
Topic: Won an ATV in a raffle...now what?
Replies: 30
Views: 1523

Re: Won an ATV in a raffle...now what?

Remember you will probably have to pay income tax on the value of the prize. Not sure how this works, but possibly they may send you a statement at year end?
by munemaker
Mon Jun 26, 2017 11:13 am
Forum: Investing - Help with Personal Investments
Topic: Advice for relative with mostly cash and 7-10 years to retirement?
Replies: 20
Views: 1288

Re: Advice for relative with mostly cash and 7-10 years to retirement?

A consideration is whether they will have other income (such as pensions/SS) and how much of their expenses that is expected to cover.
by munemaker
Mon Jun 26, 2017 11:01 am
Forum: Personal Consumer Issues
Topic: Sam's Club vs. Costco
Replies: 53
Views: 2985

Re: Sam's Club vs. Costco

Costco has Top Tier gas, Sam's Club does not. Please explain the term "top tier" gas. Around here, there are almost no brand name stations left, just convenience stores. One convenience chain sells CITGO branded gasoline. I never really looked at any one of these as being any better than ...
by munemaker
Mon Jun 26, 2017 8:48 am
Forum: Personal Consumer Issues
Topic: Google Fi? pros/cons? anyone using it?
Replies: 53
Views: 3910

Re: Google Fi? pros/cons? anyone using it?

I tried Google Fi for a while but didn't like it. I also don't like the Nexus 5x but am somewhat making myself pay penance by waiting to get another phone. Unless you frequently travel internationally to numerous countries, I don't think the international capabilities are worth the hassle. I went b...
by munemaker
Mon Jun 26, 2017 8:21 am
Forum: Investing - Theory, News & General
Topic: Ultimate Buy and Hold - 8 slices vs 4
Replies: 714
Views: 292043

Re: Ultimate Buy and Hold - 8 slices vs 4

His latest Fine Tuning Tables from 1970 through 2016 show an all-stocks Ultimate that's 50/50 US/international had an average annual compound return of 11.4 percent over that period. An all stocks portfolio that's 70/30 returned an identical 11.4 percent. Wouldn't you select the portfolio with the ...
by munemaker
Sun Jun 25, 2017 10:45 pm
Forum: Personal Consumer Issues
Topic: Slide rule anyone?
Replies: 71
Views: 5363

Re: Slide rule anyone?

"Don't know much about geography,
Don't know much trigonometry
Don't know much about algebra,
Don't know what a slide rule is for
But I do know that one and one is two,
And if this one could be with you,
What a wonderful world this would be"
by munemaker
Sun Jun 25, 2017 9:27 pm
Forum: Personal Consumer Issues
Topic: Sam's Club vs. Costco
Replies: 53
Views: 2985

Re: Sam's Club vs. Costco

Thanks everyone who responded!

Sounds like the overwhelming consensus is for Costco overall, but not worth a 90 minute drive; however Sam's excels for small businesses and certain items such as meats. Good to know.
by munemaker
Sun Jun 25, 2017 2:28 pm
Forum: Personal Consumer Issues
Topic: Sam's Club vs. Costco
Replies: 53
Views: 2985

Sam's Club vs. Costco

There is a local Sam's Club in our area but it is a 90 minute drive to the nearest Costco. There are a lot of Boglehead fans for Costco, but I don't read much on here about Sam's Club. Does anyone have experience with both? Are they comparable, or is Costco superior? If so, why? Appreciate any comme...
by munemaker
Sun Jun 25, 2017 2:15 pm
Forum: Personal Consumer Issues
Topic: Chrome vs Firefox
Replies: 7
Views: 808

Re: Chrome vs Firefox

Long time user of Firefox, but as I wrote previously it was getting very slow. Reinstalled it after deleting all the files and profiles with it, and only installed one ad blocker and the Lastpass add on. Still painfully slow and even worse, Lastpass took forever to populate the fields when logging ...
by munemaker
Sun Jun 25, 2017 12:14 pm
Forum: Personal Consumer Issues
Topic: Google Fi? pros/cons? anyone using it?
Replies: 53
Views: 3910

Re: Google Fi? pros/cons? anyone using it?

Many MVNOs, including Google Fi, have issues with short SMS (such as for two factor authentication). I've never had an issue with SMS two-factor from Vanguard. Always shows up seconds after I log in. YMMV Same here. I frequently use 2FA and never had a problem...not even once. Not sure where that c...
by munemaker
Sun Jun 25, 2017 7:21 am
Forum: Personal Consumer Issues
Topic: Google Fi? pros/cons? anyone using it?
Replies: 53
Views: 3910

Re: Google Fi? pros/cons? anyone using it?

I tried Google Fi for a while but didn't like it. I also don't like the Nexus 5x but am somewhat making myself pay penance by waiting to get another phone. Unless you frequently travel internationally to numerous countries, I don't think the international capabilities are worth the hassle. I went b...
by munemaker
Sat Jun 24, 2017 10:51 pm
Forum: Investing - Theory, News & General
Topic: "Home Bias Blues: Investors really should get out more. The reasons for sticking to local stocks are fewer by the day."
Replies: 51
Views: 3754

Re: "Home Bias Blues: Investors really should get out more. The reasons for sticking to local stocks are fewer by the da

I don't think that is a paraphrase, that is a butchering I remember seeing him quoted with almost those exact words, but I am having trouble finding it. I did find the following, which is pretty close to the same meaning: Bogle says he will continue to simply keep his portfolio split roughly 50-50 ...
by munemaker
Sat Jun 24, 2017 9:44 pm
Forum: Investing - Theory, News & General
Topic: "Home Bias Blues: Investors really should get out more. The reasons for sticking to local stocks are fewer by the day."
Replies: 51
Views: 3754

Re: "Home Bias Blues: Investors really should get out more. The reasons for sticking to local stocks are fewer by the da

Aside from Bogle, Buffet and Munger advice, consider the following: I used Portfolio Visualizer to backtest 3 portfolios: Portfolio 1 - Foreign equity asset category Portfolio 2 - US Equity asset category Portfolio 3 - 50% US equity asset category/ 50% Foreign equity asset category Please refer to t...
by munemaker
Sat Jun 24, 2017 2:08 pm
Forum: Investing - Theory, News & General
Topic: Anything wrong with 100% US Stocks?
Replies: 35
Views: 2361

Re: Anything wrong with 100% US Stocks?

Looking backward, it seems like the risk of international index fund is higher than US (as defined by standard deviation), the returns for most periods are lower, and the cost of owning them is higher. That, along with Bogle, Buffet and Munger makes me pause.
by munemaker
Sat Jun 24, 2017 1:57 pm
Forum: Investing - Theory, News & General
Topic: Anything wrong with 100% US Stocks?
Replies: 35
Views: 2361

Re: Anything wrong with 100% US Stocks?

Nowhere did Mr Bogle say not to invest internationally. So the choice is yours. Pretty close to it here: http://beta.morningstar.com/videos/718644/Why-Bogle-Doesnt-Do-International-Investing.html I don't do international. And emerging markets is a little separate part of so-called "internation...
by munemaker
Sat Jun 24, 2017 11:58 am
Forum: Personal Consumer Issues
Topic: Google Fi? pros/cons? anyone using it?
Replies: 53
Views: 3910

Re: Google Fi? pros/cons? anyone using it?

I have used Project Fi for about a year. It works well for me. I really like it.
by munemaker
Sat Jun 24, 2017 11:53 am
Forum: Investing - Help with Personal Investments
Topic: Is my pension a Fixed asset?
Replies: 37
Views: 2259

Re: Is my pension a Fixed asset?

"One of Bogle's points was to frame your permanent sources of income as if they were fixed income investments."

https://seekingalpha.com/article/155614 ... ent-income
by munemaker
Fri Jun 23, 2017 10:19 pm
Forum: Investing - Help with Personal Investments
Topic: Can you share some of your financial goals?
Replies: 34
Views: 2678

Re: Can you share some of your financial goals?

Major financial goals of our lives: (Our parents paid for our educations, so we did not have any student loans.) - Live below our means (ongoing) - Take family vacations every year (ongoing) - Pay off our mortgage (done) - Pay cash for all vehicles, now and in the future (done) - Provide used cars f...
by munemaker
Fri Jun 23, 2017 10:13 pm
Forum: Personal Consumer Issues
Topic: Bogleheads - how about an outdoor chair recommendation!
Replies: 6
Views: 678

Re: Bogleheads - how about an outdoor chair recommendation!

I'm looking for a chair you take along to sporting events (to sit on the grass), concerts or other outdoor activities. Not looking for the most expensive chair but would pay more for one that is comfortable and lasts. I'm a little over 200 lbs so need a sturdy one too. Any suggestions? Thanks. Fran...
by munemaker
Fri Jun 23, 2017 3:24 pm
Forum: Personal Finance (Not Investing)
Topic: Got rear-ended: any reason not to go through my ins?
Replies: 25
Views: 1912

Re: Got rear-ended: any reason not to go through my ins?

ponyboy wrote:People pay insurance then never want to use it...I will never understand.

Call your insurance and file a claim. Let them do the leg work. You pay them to do things like this. nuff said


I agree completely! That's what they are there for.
by munemaker
Fri Jun 23, 2017 3:10 pm
Forum: Personal Finance (Not Investing)
Topic: Early Retirement - what to do about healthcare?
Replies: 167
Views: 18626

Re: Early Retirement - what to do about healthcare?

Well I'm 63 this year and I'm worried. According to the plan proposed yesterday, some changes will go into effect sooner than 2020. The older you are, the harder you will be hit. Relax. Nothing has even changed at this point. Look how many years it took to implement ObamaCare. I am also 63 and not ...
by munemaker
Fri Jun 23, 2017 9:32 am
Forum: Personal Finance (Not Investing)
Topic: Early Retirement - what to do about healthcare?
Replies: 167
Views: 18626

Re: Early Retirement - what to do about healthcare?

As the OP indicated using a SWR 4% from $700k to pay the premiums and deductible, could this amount not be used for self-insuring? If not what would be a reasonable amount for self-insuring? Its far to common to overnight discover you have an issue that could drive up 7 to 8 figure lifetime medical...
by munemaker
Fri Jun 23, 2017 8:42 am
Forum: Personal Consumer Issues
Topic: What do you say when you cancel an account that you only opened for bonus?
Replies: 64
Views: 4237

Re: What do you say when you cancel an account that you only opened for bonus?

I generally leave the credit cards alone but I need to close a checking account that I opened only for the purpose of its sign-up bonus. Just curious to know what you all say on the phone when you cancel the account after this? This one required $3,000 for 90 days. I put exactly $3,001 and I'm clos...
by munemaker
Fri Jun 23, 2017 8:33 am
Forum: Investing - Theory, News & General
Topic: Why bonds when one's investment horizon is long?
Replies: 59
Views: 3805

Re: Why bonds when one's investment horizon is long?

niners9088 wrote:All past performance says that a 100% stock portfolio has better returns over long periods then any mix below 100% stocks.



Academic studies show a 90/10 portfolio (with rebalancing) outperforms 100% equities.
by munemaker
Fri Jun 23, 2017 8:29 am
Forum: Personal Consumer Issues
Topic: New cars w/ no CD player -- what can I do with my CDs?
Replies: 30
Views: 1888

Re: New cars w/ no CD player -- what can I do with my CDs?

The same problems existed in the past when 8 track tape players were phased out for cassette tapes, and then when cassette tapes were phased out for CD players.

You can convert your media to the current technology.
by munemaker
Fri Jun 23, 2017 8:20 am
Forum: Personal Finance (Not Investing)
Topic: Early Retirement - what to do about healthcare?
Replies: 167
Views: 18626

Re: Early Retirement - what to do about healthcare?

For me, its not so much the cost - but rather an inability to buy a comparable produce in the individual market to what I have with employer sponsored plan. With the allowance of pre-existing conditions, you are not going to buy a plan in the individual marketplace that is comparable to your employ...
by munemaker
Fri Jun 23, 2017 8:10 am
Forum: Personal Finance (Not Investing)
Topic: Health Coverage - COBRA & ACA
Replies: 16
Views: 683

Re: Health Coverage - COBRA & ACA

Will you and your family have health insurance coverage coverage from day one of your new job? If so, then your plan should work. Be sure to send back the form indicating that you are going to elect COBRA coverage as soon as you get it. Verify with your current employer when your health insurance e...
by munemaker
Fri Jun 23, 2017 7:51 am
Forum: Investing - Theory, News & General
Topic: "Home Bias Blues: Investors really should get out more. The reasons for sticking to local stocks are fewer by the day."
Replies: 51
Views: 3754

Re: "Home Bias Blues: Investors really should get out more. The reasons for sticking to local stocks are fewer by the da

and then there is the counterpoint: "Jack Bogle, founder of the Vanguard Group, is not a fan of investing abroad. The creator of indexed mutual funds thinks that investing outside of the US is too risky and American investors should keep their money at home." http://www.businessinsider.com...
by munemaker
Fri Jun 23, 2017 6:26 am
Forum: Personal Consumer Issues
Topic: What is your car's average cost ownership?
Replies: 70
Views: 4454

Re: What is your car's average cost ownership?

It seems cost of cars are usually expressed per mile rather than per month. Depreciation is generally expressed over time though.

The op mentioned tires. Obviously tire costs would be more correlated to miles rather than months.
by munemaker
Fri Jun 23, 2017 6:24 am
Forum: Personal Finance (Not Investing)
Topic: Health Coverage - COBRA & ACA
Replies: 16
Views: 683

Re: Health Coverage - COBRA & ACA

Don't you have to apply by June 15 for aca coverage in July?

I think you are too late for aca coverage. Talk to your HR Dept. about cobra.
by munemaker
Fri Jun 23, 2017 6:14 am
Forum: Personal Consumer Issues
Topic: Is the new Chevy Equinox any good?
Replies: 16
Views: 1208

Re: Is the new Chevy Equinox any good?

emoore wrote:The only acceptable cars on this forum is toyota and Honda. Mazda is ok if you want to be unique.

That's a bit of an exaggeration. Subaru is also considered acceptable.
by munemaker
Thu Jun 22, 2017 3:31 pm
Forum: Investing - Help with Personal Investments
Topic: Is VG Total Stock Market Index too concentrated?
Replies: 52
Views: 3710

Re: Is VG Total Stock Market Index too concentrated?

Pajamas wrote:You could add some international, ex-U.S. exposure if that would make you feel less concentrated.



Or you could add small cap value ( a common addition) or ultra small caps.
by munemaker
Thu Jun 22, 2017 1:01 pm
Forum: Personal Consumer Issues
Topic: is luxury car a smarter purchase?
Replies: 102
Views: 6142

Re: is luxury car a smarter purchase?

I recently heard on Clark Howard that there is a sweet spot in the market right now for 3 year old sedans (not trucks, not SUVs), especially 3 year old luxury sedans. What do you mean by "smarter?" Luxury cars, almost by definition, are not going to be the low cost alternative. Because of ...
by munemaker
Thu Jun 22, 2017 12:56 pm
Forum: Investing - Theory, News & General
Topic: Fidelity drops equity trade fee to $4.95
Replies: 69
Views: 5891

Re: Fidelity drops equity trade fee to $4.95

Earl Lemongrab wrote:
munemaker wrote:What do you guys use these trades for?

I buy ETFs at TD Ameritrade, Merrill Edge, etc.


Ah, you are using ETFs rather than funds. I get that now.
by munemaker
Thu Jun 22, 2017 9:34 am
Forum: Investing - Theory, News & General
Topic: The 5 Pitfalls of Mutual Funds by,....
Replies: 18
Views: 912

Re: The 5 Pitfalls of Mutual Funds by,....

Yes. Typical solution in search of a problem marketing piece, in my opinion. Some concerns raised should not be ignored (fund overlap, fees, tax considerations), but they largely can be addressed without avoiding mutual funds. He, like all other providers in the investment business, are trying to f...
by munemaker
Thu Jun 22, 2017 8:14 am
Forum: Investing - Theory, News & General
Topic: Fidelity drops equity trade fee to $4.95
Replies: 69
Views: 5891

Re: Fidelity drops equity trade fee to $4.95

And WellsTrade will drop their equity trade fee to $2.95 starting next week. Grandfathered 100 commission-free stocks trades per year benefit continues WellsTrade accounts linked to Portfolio by Wells Fargo® program before April 1, 2013 continue to enjoy the 100 commission-free stocks trades per ye...
by munemaker
Thu Jun 22, 2017 8:11 am
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 1872
Views: 296099

Re: What's Your Credit Card Rewards Strategy?

I take advantage of a LOT of credit card signup bonuses. For months, Citi has been sending me, seemingly weekly, "preselected" offers for cards with interest free periods; I don't carry a balance and have no use for these. Yesterday, I had a golden mailbox moment. Citi preselected me for t...
by munemaker
Wed Jun 21, 2017 10:29 pm
Forum: Investing - Help with Personal Investments
Topic: What does it mean when people say certain funds are tax inefficient?
Replies: 18
Views: 1542

Re: What does it mean when people say certain funds are tax inefficient?

Funds that pay a lot out in dividends and capital gains result in taxes, and that kind of fund is said to be tax inefficient.

Funds like a S&P500 index fund that pay low dividend and capital gains distributions are said to be tax efficient.
by munemaker
Wed Jun 21, 2017 3:13 pm
Forum: Investing - Help with Personal Investments
Topic: Is a Total Stock Market Index enough...
Replies: 22
Views: 2314

Re: Is a Total Stock Market Index enough...

Review Bogle and Buffet's investing philosophy and you will see it is more than enough.
by munemaker
Tue Jun 20, 2017 3:20 pm
Forum: Personal Finance (Not Investing)
Topic: Ally no penalty 11 month CD rate increased to 1.50% this morning
Replies: 68
Views: 7503

Re: Ally no penalty 11 month CD rate increased to 1.50% this morning

Whoo hoo!

Thanks. I am going to drop $125K in there tonight!
by munemaker
Tue Jun 20, 2017 3:18 pm
Forum: Personal Consumer Issues
Topic: AAA Cost
Replies: 75
Views: 4962

Re: AAA Cost

anyone try the roadside dispatch benefit offered by visa https://usa.visa.com/support/consumer/card-benefits.html#2 grp2c, Useful info! Both of my Visa Cards have "Signature" in the bottom right corner. So I have that service available now. $60 or $70 for a service call that covers most o...
by munemaker
Mon Jun 19, 2017 9:30 pm
Forum: Investing - Help with Personal Investments
Topic: international mutual funds [good or bad investment?]
Replies: 7
Views: 607

Re: international mutual funds [good or bad investment?]

bsbgrafton wrote:Jack Bogle did not think International mutual funds were a good investment. Does this forum still feel this way.
Thanks
bsbgrafton


Do some backtesting using portfolio visualizer. Look at track records in Morningstar. Personally, I am not impressed.
by munemaker
Mon Jun 19, 2017 9:01 pm
Forum: Personal Consumer Issues
Topic: Alternatives to Amazon
Replies: 76
Views: 4938

Re: Alternatives to Amazon

Recently we've noticed Amazon has started using an "uber-like" model for their deliveries with some scary looking individuals in their personal vehicles delivering packages to our front door without any identifiable markings, id's, signage, etc. I emailed Amazon to better understand their...
by munemaker
Mon Jun 19, 2017 4:07 pm
Forum: Investing - Help with Personal Investments
Topic: international mutual funds [good or bad investment?]
Replies: 7
Views: 607

Re: international mutual funds [good or bad investment?]

Two giants of the investing industry, Bogle and Buffet, advise against international funds. Here's a supporting article: http://www.zerohedge.com/news/2017-06-12/vanguards-founder-loves-us-equities-all-time-highs-us-best-place-invest “I believe the U.S. is the best place to invest,” Bogle said in a ...
by munemaker
Mon Jun 19, 2017 9:20 am
Forum: Personal Consumer Issues
Topic: BMW X5 2017 - Seeking advice
Replies: 40
Views: 3033

Re: BMW X5 2017 - Seeking advice

On all of my other vehicles, I use Mobil 1 at 5,000 intervals. None of my other vehicles consume oil. The 14,000 mile interval was too long for engine preservation, especially if you plan to run the vehicle 100,000+ miles. My opinion based on my experience. UOA's would be the way to determine that ...
by munemaker
Sun Jun 18, 2017 7:53 pm
Forum: Personal Consumer Issues
Topic: BMW X5 2017 - Seeking advice
Replies: 40
Views: 3033

Re: BMW X5 2017 - Seeking advice

I had two beefs with our now long gone X 5. First is the oil change interval when BMW is paying the bill. They wouldn't do the oil change until the oil monitor was down to 10% oil life and the oil change light came on. This turned out to be 14,000 miles for the way we drove it. I figured they must ...
by munemaker
Sun Jun 18, 2017 3:50 pm
Forum: Personal Consumer Issues
Topic: BMW X5 2017 - Seeking advice
Replies: 40
Views: 3033

Re: BMW X5 2017 - Seeking advice

I had two beefs with our now long gone X 5. First is the oil change interval when BMW is paying the bill. They wouldn't do the oil change until the oil monitor was down to 10% oil life and the oil change light came on. This turned out to be 14,000 miles for the way we drove it. I figured they must ...
by munemaker
Sun Jun 18, 2017 8:21 am
Forum: Investing - Theory, News & General
Topic: FireCalc: Equities almost 70% for a 20 year term???
Replies: 43
Views: 3554

Re: FireCalc: Equities almost 70% for a 20 year term???

Age in bonds is a horrible rule of thumb. I completely agree. Bogle says to include Social Security and pensions in your bond allocation. The net present value of SS is often hundreds of thousands of dollars, which means that many people, young people in particular, are already WAY over-allocated t...

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