Search found 7999 matches

by nedsaid
Mon Aug 21, 2017 5:20 pm
Forum: Personal Consumer Issues
Topic: Soliciting personal recommendations for a Barcelona trip
Replies: 31
Views: 2509

Re: Soliciting personal recommendations for a Barcelona trip

Any further ideas - other than to be safe? Being safe is always recommended, in Barcelona and elsewhere. I am watching the current news with horror. On Sunday, I walked at the exactly the intersection where the van has stopped! However, I also keep the perspective: while I was in Barcelona there wa...
by nedsaid
Mon Aug 21, 2017 3:06 pm
Forum: Personal Consumer Issues
Topic: How far would you travel to see The Eclipse?
Replies: 211
Views: 10153

Re: How far would you travel to see The Eclipse?

Didn't have totality where I lived but maybe 98% or so. It looked like twilight but it did not get dark. Pretty much, I stepped out of my front door and also had the TV going. The TV gave you better views. A neighbor let me use his pinhole viewer to watch the eclipse. I saw the carport lights go on...
by nedsaid
Mon Aug 21, 2017 1:22 pm
Forum: Investing - Theory, News & General
Topic: I own no international stocks. Can you guess why?
Replies: 167
Views: 11521

Re: I own no international stocks. Can you guess why?

His withdrawal needs from his portfolio are probably not high. If that is the case then he is investing it mostly for his heirs and the time horizon is likely to be much longer. That should lead one to being even more aggressive. Can't speak for Taylor, but I do recall he posted that the annuities ...
by nedsaid
Mon Aug 21, 2017 1:13 pm
Forum: Personal Consumer Issues
Topic: How far would you travel to see The Eclipse?
Replies: 211
Views: 10153

Re: How far would you travel to see The Eclipse?

Didn't have totality where I lived but maybe 98% or so. It looked like twilight but it did not get dark. Pretty much, I stepped out of my front door and also had the TV going. The TV gave you better views. A neighbor let me use his pinhole viewer to watch the eclipse. I saw the carport lights go on....
by nedsaid
Mon Aug 21, 2017 1:09 pm
Forum: Investing - Theory, News & General
Topic: I own no international stocks. Can you guess why?
Replies: 167
Views: 11521

Re: I own no international stocks. Can you guess why?

Taylor has also posted that he and his now deceased wife purchased Single Premium Immediate Annuities in their eighties. It allowed them to make gifts to their children early and also took pressure of the remaining portfolio. I suspect Taylor's expenses are mostly covered by Social Security, Pension...
by nedsaid
Mon Aug 21, 2017 1:06 pm
Forum: Investing - Theory, News & General
Topic: I own no international stocks. Can you guess why?
Replies: 167
Views: 11521

Re: I own no international stocks. Can you guess why?

Taylor. Great answer. It would make sense to liquidate the fund with less built in capital gains, as International has not done so well compared the US over the last nine years or so. So a good job managing your taxes. I disagree. I respect Taylors opinion and he of course does what he feels is bes...
by nedsaid
Mon Aug 21, 2017 12:01 pm
Forum: Investing - Theory, News & General
Topic: I own no international stocks. Can you guess why?
Replies: 167
Views: 11521

Re: I own no international stocks. Can you guess why?

Taylor. Great answer. It would make sense to liquidate the fund with less built in capital gains, as International has not done so well compared the US over the last nine years or so. So a good job managing your taxes.
by nedsaid
Mon Aug 21, 2017 11:06 am
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Alternative Lending Has Many Benefits
Replies: 2
Views: 427

Re: Larry Swedroe: Alternative Lending Has Many Benefits

Okay, good some good information on this from "good authority." This is not my work, I am quoting a knowledgeable source. This answers the questions that I raised. Few things for you. The lenders are regulated by various groups including state regulators. but the issue is one of credit quality. Here...
by nedsaid
Mon Aug 21, 2017 11:01 am
Forum: Investing - Help with Personal Investments
Topic: Help Me Understand CDs at Vanguard
Replies: 6
Views: 975

Re: Help Me Understand CDs at Vanguard

Larry Swedroe has talked about this. I haven't owned a brokered CD in since about 1993. Did a search and found a few good threads. I found these quotes from Larry Swedroe: Larry Swedroe said: FWIW, almost always better off buying in secondary market, higher yields. Also would avoid callables as hist...
by nedsaid
Mon Aug 21, 2017 10:47 am
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: 7 Reasons Why Advisors Should Use Bond Ladders
Replies: 3
Views: 832

Re: Larry Swedroe: 7 Reasons Why Advisors Should Use Bond Ladders

My take is that ladders using US Treasuries, TIPS, and FDIC Insured Certificates of Deposit are just fine for small investors. If you want to ladder with Corporates, that takes more expertise. A ladder using Municipals might be doable for a do-it-yourself investor, but again, probably better if you ...
by nedsaid
Mon Aug 21, 2017 10:29 am
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Alternative Lending Has Many Benefits
Replies: 2
Views: 427

Re: Larry Swedroe: Alternative Lending Has Many Benefits

My main questions are this: who regulates alternative lenders, what regulation is out there, and to what degree are regulations enforced? Hopefully there is some oversight, I hate to see a "wild west" out there on alternative lending. It also raises questions if Dodd/Frank went too far if it makes s...
by nedsaid
Sun Aug 20, 2017 5:37 pm
Forum: Investing - Theory, News & General
Topic: IBonds: My worst bond investment over the last 5 years
Replies: 74
Views: 6439

Re: IBonds: My worst bond investment over the last 5 years

I am very glad that I purchased a bunch of I-Bonds. Though their return was lower than Investment Grade Intermediate Term Bonds, they outperformed bank deposits. The interest on my bank savings accounts was so small that it took a microscope to see it. Ibonds, to the extent that as a non-USian I un...
by nedsaid
Sun Aug 20, 2017 12:01 pm
Forum: Investing - Theory, News & General
Topic: Boston Globe: Smart Investors May be Killing Capitalism
Replies: 44
Views: 3818

Re: Boston Globe: Smart Investors May be Killing Capitalism

My take is that Vanguard and the trend towards indexing and passive investing is the creative destruction of capitalism at its very best. This has been nothing but good for investing. Worried about too much indexing making markets inefficient? Well, the academics and the identification of factors ha...
by nedsaid
Sun Aug 20, 2017 11:50 am
Forum: Investing - Theory, News & General
Topic: Japanese Bubble Burst 1989
Replies: 51
Views: 3994

Re: Japanese Bubble Burst 1989

Valuethinker, where the Chinese can improve greatly is the perceived quality of their products. They are about where Japan was maybe in the 1960's or 1970's. They made a lot of stuff that Americans bought but it was perceived as lower quality. Boy did that change, Japanese automobiles grew to be gre...
by nedsaid
Sun Aug 20, 2017 11:29 am
Forum: Investing - Theory, News & General
Topic: I own no international stocks. Can you guess why?
Replies: 167
Views: 11521

Re: I own no international stocks. Can you guess why?

Taylor, my guess is good old recency bias. US Stocks have done so well in recent years that some Bogleheads believe there is no need for International. I believe this to be a mistake. I was just posting in another thread about the 1989 Japanese bubble and the subsequent burst. In 1989, Japanese inv...
by nedsaid
Sun Aug 20, 2017 11:13 am
Forum: Investing - Theory, News & General
Topic: Irrational Despair?
Replies: 39
Views: 5256

Re: Irrational Despair?

I don't know, the market is down maybe 2% from all-time highs and people seem to be in utter despair. Normally, bull markets end with excessive optimism and not with excessive pessimism. Think of the roaring twenties, the go-go years of the 1960's, the internet and high tech bubble of the late 1990'...
by nedsaid
Sun Aug 20, 2017 11:04 am
Forum: Personal Finance (Not Investing)
Topic: Should we sell our Home to Mother-in-law?
Replies: 23
Views: 1299

Re: Should we sell our Home to Mother-in-law?

You should think very carefully before doing this. Mixing family and your personal business decisions is not a good idea. You also run into a possible gift tax situation by selling your home to Mother-In-Law for less than market value. Mother-In-Law already owns her own home free and clear, why woul...
by nedsaid
Sun Aug 20, 2017 10:56 am
Forum: Investing - Theory, News & General
Topic: I own no international stocks. Can you guess why?
Replies: 167
Views: 11521

Re: I own no international stocks. Can you guess why?

Taylor, my guess is good old recency bias. US Stocks have done so well in recent years that some Bogleheads believe there is no need for International. I believe this to be a mistake. I was just posting in another thread about the 1989 Japanese bubble and the subsequent burst. In 1989, Japanese inve...
by nedsaid
Sun Aug 20, 2017 10:49 am
Forum: Investing - Theory, News & General
Topic: Japanese Bubble Burst 1989
Replies: 51
Views: 3994

Re: Japanese Bubble Burst 1989

I do remember this pretty well. I have opined that China and not necessarily the USA will be the next Japan. The parallels between China, let's say 2008, and Japan 1989 are eerily similar. Export driven economies, growth as far as the eye could see, declining demographics, overinvestment, real estat...
by nedsaid
Sat Aug 19, 2017 8:04 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: World Isn't Flat-Invest Accordingly
Replies: 71
Views: 6262

Re: "The Three-Fund Portfolio"

I want say something nice about Taylor though. He's in his 90s, and recently put up a post about his relaxed and common sense approach to distributions through nigh on 40 years of retirement. Basically that they tightened their belts a bit in had times and loosened them in good times, postponing bi...
by nedsaid
Sat Aug 19, 2017 7:43 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: World Isn't Flat-Invest Accordingly
Replies: 71
Views: 6262

Re: Larry Swedroe: World Isn't Flat-Invest Accordingly

I asked to see a link to Larry's results and what fees he charges, I would love to understand what separates him from the thousands of other financial advisors out there. He charges $0.00 for his advice on the forum, which has shaped many a factor-tilted portfolio, using open-access funds (with no ...
by nedsaid
Sat Aug 19, 2017 7:36 pm
Forum: Investing - Theory, News & General
Topic: IBonds: My worst bond investment over the last 5 years
Replies: 74
Views: 6439

Re: IBonds: My worst bond investment over the last 5 years

As others have pointed out, OPs return calculation is obviously wrong, but about half the replies here are really poor and seem to ignore the miscalculation and offer advice on accepting sub-par returns. Come on bogleheaders, be better. Subpar compared to what? I-Bonds had less return than Investme...
by nedsaid
Sat Aug 19, 2017 7:28 pm
Forum: Investing - Theory, News & General
Topic: Here is a criticisim of active management I don't get
Replies: 24
Views: 2220

Re: Here is a criticisim of active management I don't get

http://www.etf.com/sections/index-investor-corner/active-large-cap-hot-streak-doesnt-add?nopaging=1 If I am an active manager who does not pick stocks as well as the best stock picker but am smart enough to in 2017 invest some percentage of my fund in european stocks that are doing well why should ...
by nedsaid
Sat Aug 19, 2017 11:00 am
Forum: Investing - Help with Personal Investments
Topic: where do I put the proceeds of my house sale?
Replies: 15
Views: 1424

Re: where do I put the proceeds of my house sale?

Where to put the proceeds of your house sale depends entirely upon the goals for the money. To me, you have done the wise thing putting money into FDIC Insured Certificates of Deposit for now. I just think you need some time to reflect on this. For one thing, this gives you fantastic cushion to deal...
by nedsaid
Sat Aug 19, 2017 10:46 am
Forum: Investing - Theory, News & General
Topic: IBonds: My worst bond investment over the last 5 years
Replies: 74
Views: 6439

Re: IBonds: My worst bond investment over the last 5 years

I am very glad that I purchased a bunch of I-Bonds. Though their return was lower than Investment Grade Intermediate Term Bonds, they outperformed bank deposits. The interest on my bank savings accounts was so small that it took a microscope to see it.
by nedsaid
Thu Aug 17, 2017 3:21 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: World Isn't Flat-Invest Accordingly
Replies: 71
Views: 6262

Re: Larry Swedroe: World Isn't Flat-Invest Accordingly

Does anybody have a link to Larry Swedroes performance over the past 10 to 15 years? I don't think that Larry has ever made his own portfolio public. Larry has published his own portfolio on BH at least once, though I seem to recall more recently postings before he went dark. Back in 2009, for exam...
by nedsaid
Thu Aug 17, 2017 2:15 pm
Forum: Investing - Help with Personal Investments
Topic: what % of international stock
Replies: 31
Views: 1544

Re: what % of international stock

what percentage of international stock in one's portfolios in this market ??? John Bogle recommends a maximum of 20% of a stock portfolio in International. Vanguard recommends 40% of stocks in International. I have consistently recommended between 20% and 50% International, 30% seems to give you th...
by nedsaid
Thu Aug 17, 2017 2:07 pm
Forum: Personal Consumer Issues
Topic: Other people's perception of your finances
Replies: 73
Views: 3517

Re: Other people's perception of your finances

One of the lessons learned is that it is very extravagant to host guests, especially the way you look after them :wink: . Were you showing off just a tiny bit when you invited two relatives to stay two weeks each at your new ocean front home? Then rolled out the red carpet, as it were? Actually, no...
by nedsaid
Thu Aug 17, 2017 1:58 pm
Forum: Investing - Theory, News & General
Topic: WSJ - ... Stop Index Trackers [from] Eating the Economy
Replies: 23
Views: 2918

Re: WSJ - ... Stop Index Trackers [from] Eating the Economy

Actually index investing might be helpful to the market. We just see more and more shares trading and pretty much this churn generates a lot of fees for Wall Street. I would like to see the stock market tilt more towards patient long term investing rather than short term speculation.
by nedsaid
Thu Aug 17, 2017 1:54 pm
Forum: Investing - Theory, News & General
Topic: Where can I Put Govt. Annuity
Replies: 1
Views: 268

Re: Where can I Put Govt. Annuity

What I would do is call your State's retirement office and talk to a representative about your options for rollover. I am not clear what exactly you have. If you can get the S&P 500 at 0.02%, you likely have something like Vanguard Institutional Index plus. The employer has to have a large base of a...
by nedsaid
Thu Aug 17, 2017 1:36 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: World Isn't Flat-Invest Accordingly
Replies: 71
Views: 6262

Re: Larry Swedroe: World Isn't Flat-Invest Accordingly

Does anybody have a link to Larry Swedroes performance over the past 10 to 15 years? I don't think that Larry has ever made his own portfolio public. Larry did write an article about a mutual fund company through whom I invest. It was a negative article though the difference between the mutual fund...
by nedsaid
Thu Aug 17, 2017 1:25 pm
Forum: Investing - Theory, News & General
Topic: Fundrise - Accredited Investor REIT
Replies: 12
Views: 1852

Re: Fundrise - Accredited Investor REIT

I would just stay away. Some financial advisors and certain firms try to suck you into illiquid investments. I think of these as a Roach Hotel, easy to get into and difficult to get out of. Not all illiquid or semi-liquid investments are bad but you need to do additional due diligence. You also need...
by nedsaid
Wed Aug 16, 2017 11:55 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: World Isn't Flat-Invest Accordingly
Replies: 71
Views: 6262

Re: Larry Swedroe: World Isn't Flat-Invest Accordingly

I thought when the pretty girls came around we went all out to try to impress them and started talking about factor loadings and how we outgrew Vanguard's offerings because they just aren't "valuey" enough for us? :mrgreen: You have it all wrong! It is the Growth investors who get all the girls. Va...
by nedsaid
Wed Aug 16, 2017 2:37 pm
Forum: Investing - Help with Personal Investments
Topic: Do you manage your asset allocation like a Target Fund?
Replies: 20
Views: 1393

Re: Do you manage your asset allocation like a Target Fund?

Do you adjust your asset allocation as you age like a target fund does? Why or why not? (This assumes that you don't use target funds for the bulk of your retirement portfolio.) Thank you. I am starting to. Vanguard, Fidelity, T. Rowe Price have their stock allocation at 65%-66% for their Target Da...
by nedsaid
Wed Aug 16, 2017 12:02 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: World Isn't Flat-Invest Accordingly
Replies: 71
Views: 6262

Re: Larry Swedroe: World Isn't Flat-Invest Accordingly

It sounds like the world is flat only in the Large Cap space. Makes sense, the Large Cap stocks, both US and International tend to be multi-national companies. Wouldn't be a surprise that such stocks, particularly the mega-caps would behave in similar fashion. They may behave in a similar fashion b...
by nedsaid
Wed Aug 16, 2017 11:58 am
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: World Isn't Flat-Invest Accordingly
Replies: 71
Views: 6262

Re: Larry Swedroe: World Isn't Flat-Invest Accordingly

It sounds like the world is flat only in the Large Cap space. Makes sense, the Large Cap stocks, both US and International tend to be multi-national companies. Wouldn't be a surprise that such stocks, particularly the mega-caps would behave in similar fashion. Wow, Nedsaid, your 8000th post. Did a ...
by nedsaid
Wed Aug 16, 2017 10:48 am
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: World Isn't Flat-Invest Accordingly
Replies: 71
Views: 6262

Re: Larry Swedroe: World Isn't Flat-Invest Accordingly

It sounds like the world is flat only in the Large Cap space. Makes sense, the Large Cap stocks, both US and International tend to be multi-national companies. Wouldn't be a surprise that such stocks, particularly the mega-caps would behave in similar fashion.
by nedsaid
Wed Aug 16, 2017 10:43 am
Forum: Investing - Theory, News & General
Topic: REITs a disappointment, yet still useful
Replies: 19
Views: 2526

Re: REITs a disappointment, yet still useful

I would like to make sure I understand this correctly. Many portfolio architects say that a small extra stake in REITs can improve diversity for a portfolio. So when I read the columns saying that REITs are no longer useful because of low expected future returns...that seems to be the wrong focus. ...
by nedsaid
Wed Aug 16, 2017 10:41 am
Forum: Investing - Theory, News & General
Topic: New Dividends Appreciation data series - backtesting
Replies: 103
Views: 7046

Re: New Dividends Appreciation data series - backtesting

My guess is that there are way too many definitions of value, quality, momentum and so on for such exposure math to be truly meaningful... I used the AQR 4-factors model, by the way (as this is the only one with a 'quality' metric). Yes, all of this seems to be in the eye of the beholder to some de...
by nedsaid
Wed Aug 16, 2017 10:29 am
Forum: Investing - Theory, News & General
Topic: Market timing alert !!
Replies: 24
Views: 4455

Re: Market timing alert !!

Today, We bought $10,000 worth of vgtsx, total international index. Red alert - There will be significant correction to the downside very soon :D :D That is the way it seems to work, doesn't it? Long term, it won't make a difference. Short term, a drop after a major purchase can be psychologically ...
by nedsaid
Tue Aug 15, 2017 2:02 pm
Forum: Investing - Help with Personal Investments
Topic: Too conservative?
Replies: 7
Views: 915

Re: Too conservative?

2-3 year certificate of deposit or a 5 year certificate of deposit if the early withdrawal penalty is tolerable. -> no more chicken! :) That sounds about right. You don't want to put monies set aside for short term goals into volatile investments. Another possible alternative would be an investment...
by nedsaid
Mon Aug 14, 2017 7:30 pm
Forum: Investing - Theory, News & General
Topic: New Dividends Appreciation data series - backtesting
Replies: 103
Views: 7046

Re: New Dividends Appreciation data series - backtesting

Gilgamesh, there have been many threads on factor investing. When Larry Swedroe used to hold court over the factor threads, he felt that factors, particularly Value, were a combination of a behavioral story and a risk story. He often said that while Value wasn't a free lunch, it was a free stop at ...
by nedsaid
Mon Aug 14, 2017 4:52 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 3799
Views: 997484

Re: U.S. stocks in freefall

Oh good! Hopefully the market will go up enough that I can rebalance again. I might even de-risk a bit.
by nedsaid
Mon Aug 14, 2017 3:02 pm
Forum: Investing - Help with Personal Investments
Topic: All in stocks: Where to go now?
Replies: 24
Views: 2238

Re: All in stocks: Where to go now?

At age 33, 100% stocks in retirement accounts is probably okay. As far myself, I was at 94% stocks and 6% bonds and cash in my retirement accounts at age 40. Hearing warnings about market valuations and also learning about portfolio theory, I sold 15% of my stocks and went to an 80% stock/20% bonds ...
by nedsaid
Mon Aug 14, 2017 2:13 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 3799
Views: 997484

Re: U.S. stocks in freefall

As of now, Dow up 127, the Nazz up 77 points, and the S&P up 23. I joke about this thread being a contrary indicator and it seems to be working great right now. Anyhoo, I have had a lot of fun with it.
by nedsaid
Mon Aug 14, 2017 1:07 pm
Forum: Investing - Theory, News & General
Topic: New Dividends Appreciation data series - backtesting
Replies: 103
Views: 7046

Re: New Dividends Appreciation data series - backtesting

Gilgamesh, there have been many threads on factor investing. When Larry Swedroe used to hold court over the factor threads, he felt that factors, particularly Value, were a combination of a behavioral story and a risk story. He often said that while Value wasn't a free lunch, it was a free stop at t...
by nedsaid
Mon Aug 14, 2017 11:34 am
Forum: Investing - Help with Personal Investments
Topic: Dividend Paying stocks
Replies: 33
Views: 3172

Re: Dividend Paying stocks

Sorry to rain on your parade. Going back to 11/21/1983 (earliest date for Verizon on morningstar), you'd have grown $10,000 to $251,695.24. Not bad, but what did the extra diversification of the S&P500 index get for your $10,000 over the same time? $323,609.07. Your choice people. Greater risk adju...
by nedsaid
Mon Aug 14, 2017 11:14 am
Forum: Investing - Theory, News & General
Topic: Vanguard Performance Report
Replies: 9
Views: 1643

Re: Vanguard Performance Report

Vanguard must be headquartered in Lake Woebegone where everybody is above average. They are getting good competition even with Index funds, hard to believe the 95% numbers. But then again, I am above average as an investor. :wink: Smarter, better looking, more virtuous, etc. I always think of Lake ...
by nedsaid
Mon Aug 14, 2017 11:09 am
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Hazards Of Individual Stocks
Replies: 3
Views: 1188

Re: Larry Swedroe: Hazards Of Individual Stocks

One thing to keep in mind is that though several thousand stocks trade in the United States, only about 3,500 or so are really investable by mutual funds. The rest trade in what I call the "Wild West", the Pink Sheets, The Nasdaq Bulletin Board, etc. The majority of stocks are very, very thinly trad...
by nedsaid
Mon Aug 14, 2017 10:54 am
Forum: Investing - Help with Personal Investments
Topic: Dividend Paying stocks
Replies: 33
Views: 3172

Re: Dividend Paying stocks

jbolden1517 wrote:
Mon Aug 14, 2017 6:37 am
z3r0c00l wrote:
Mon Aug 14, 2017 6:25 am
2nd vote for Verizon.
FWIW I also hold Verizon myself.
I do not own Verizon but have owned AT&T for many years.