Search found 6913 matches

by nedsaid
Wed Apr 26, 2017 4:09 pm
Forum: Investing - Theory, News & General
Topic: "When Holding is the Hardest Part"
Replies: 10
Views: 1534

Re: "When Holding is the Hardest Part"

Yep, it is pretty much time in the market and not the timing of the market that leads to investment success. You buy good stuff and keep it.
by nedsaid
Tue Apr 25, 2017 7:41 pm
Forum: Investing - Theory, News & General
Topic: [Vanguard Is Growing Faster Than Everybody Else Combined]
Replies: 34
Views: 2148

Re: NYT article on Vanguard

PFInterest wrote:dont forget, Bogle thinks Fidelity wont exist in 5 years...


What Mr. Bogle said was that Fidelity would be sold in five years.
by nedsaid
Tue Apr 25, 2017 6:10 pm
Forum: Investing - Help with Personal Investments
Topic: Investors Capturing Returns of All U.S. Equities?
Replies: 19
Views: 1091

Re: Investors Capturing Returns of All U.S. Equities?

I am a bit concerned about the shrinking number of US Companies in the Wilshire 5000 Index. Not concerned enough to be losing sleep over this but still concerned. I work part time/seasonally for a publicly traded company and I do wish someone would take it private so that the company could focus lon...
by nedsaid
Tue Apr 25, 2017 5:45 pm
Forum: Investing - Help with Personal Investments
Topic: Moving my mother's obscure funds to Vanguard
Replies: 14
Views: 1353

Re: Moving my mother's obscure funds to Vanguard

Yea I have no idea how she ended up with so much REIT everywhere. I jokingly told her she was going to be a real-estate mogul like Trump. Though she took some major losses with the AWP and JPS but she made a good amount on the HCP. Still I am 36 think that is risky for her especially with the house...
by nedsaid
Tue Apr 25, 2017 5:43 pm
Forum: Investing - Help with Personal Investments
Topic: Moving my mother's obscure funds to Vanguard
Replies: 14
Views: 1353

Re: Moving my mother's obscure funds to Vanguard

Talk to Vanguard for the best way to liquidate almost all of that junk except the VZ. I am 72 and have 80% of my assets in VDC (consumer staples ETF). There is a 2.5% yield paid quarterly and the value is up 7% year to date. It averages about 10% per year gain with nominal downside risk. Here is wh...
by nedsaid
Tue Apr 25, 2017 5:35 pm
Forum: Investing - Help with Personal Investments
Topic: Why is Real-Estate so Bad?
Replies: 113
Views: 8352

Re: Why is Real-Estate so Bad?

Real estate can be a fantastic investment. In the cases that I am personally aware of with friends and family members with rentals, it involves a lot of sweat equity. It also helps if you are handy with tools and home maintenance. Buying at a good price and getting favorable financing also really he...
by nedsaid
Tue Apr 25, 2017 5:19 pm
Forum: Investing - Theory, News & General
Topic: Investing with American Funds like betting on Tiger Woods
Replies: 23
Views: 2989

Re: Investing with American Funds like betting on Tiger Woods

You have to take into consideration that American Funds are value oriented. When Value does well, the American Funds will do well. From 2009-2015, Value lagged the broad market. Indeed, the financial crisis and bear market of 2008-2009 was particularly hard on Value. No surprise that American Funds ...
by nedsaid
Tue Apr 25, 2017 4:31 pm
Forum: Investing - Help with Personal Investments
Topic: Target date funds - multiple in an IRA portfolio
Replies: 8
Views: 557

Re: Target date funds - multiple in an IRA portfolio

The whole purpose of a Target Date Fund is to be an all-in-one investment. I would not mix a Vanguard 2020 Fund with a Fidelity Freedom 2025 Fund as one is composed of index funds and the other is composed of active funds. Fidelity Freedom does have an Indexed series. I would not mix these across co...
by nedsaid
Mon Apr 24, 2017 1:38 pm
Forum: Investing - Theory, News & General
Topic: Investing with American Funds like betting on Tiger Woods
Replies: 23
Views: 2989

Re: Investing with American Funds like betting on Tiger Woods

The American Funds are a good fund group. As with all good managers, at some point they have to face the problem of asset bloat. Even Warren Buffett has admitted to this problem. I think they will give good performance going forward but it will get harder for them to beat the indexes. The markets ke...
by nedsaid
Mon Apr 24, 2017 1:18 pm
Forum: Personal Consumer Issues
Topic: Will cars be autonomous in three years?
Replies: 174
Views: 6653

Re: Will cars be autonomous in three years?

This will be a boon for the elderly. I am 57 years old now and wouldn't mind having a robot take me wherever I wanted to go when I get into my eighties. My father is 87 and still driving, too bad my parents don't have this option now. Not only that, the robot when cut off in traffic can make appropr...
by nedsaid
Mon Apr 24, 2017 1:13 pm
Forum: Investing - Theory, News & General
Topic: ESPN.com article- "Pro Athletes Need Financial Advice..."
Replies: 7
Views: 931

Re: ESPN.com article- "Pro Athletes Need Financial Advice..."

We could all use financial advice, the problem is getting the right financial advice from the right advisor.
by nedsaid
Sun Apr 23, 2017 10:57 pm
Forum: Local Chapters and Bogleheads Community
Topic: The next generation of Boglehead authors
Replies: 37
Views: 2450

Re: The next generation of Boglehead authors

How about William Bernstein who wrote a book specifically for millennials (but can be enjoyed by anyone really) called "If You Can. How Millennials Can Get Rich Slowly" and then gave it away for free here: http://www.etf.com/docs/IfYouCan.pdf Someone did excellent threads on Dr. Bill Bern...
by nedsaid
Sun Apr 23, 2017 10:48 pm
Forum: Investing - Theory, News & General
Topic: How Do You Like My New 'Doo
Replies: 42
Views: 10034

Re: How Do You Like My New 'Doo

Okay, let's compare how my portfolio did compared to a Vanguard 3 fund portfolio. I will use 50% Vanguard Total Stock Market, 33% Vanguard Total Bond Market, and 17% Vanguard Total International Stock Market. I used Portfolio Visualizer. For 10 years, Vanguard had a CAGR of 5.95%. Nedsaid had 5.34%....
by nedsaid
Sun Apr 23, 2017 9:48 pm
Forum: Investing - Help with Personal Investments
Topic: IRA Portfolio Allocation - Advice for 45 year old
Replies: 4
Views: 1038

Re: IRA Portfolio Allocation - Advice for 45 year old

A friend of mine in his forties would like to roll his 401K into a Vanguard IRA. He would like a little extra juice by taking a little extra risk, taking advantage of factor investing. Can you comment on this allocation that I am proposing (which I suggest he balance once every few years as needed)...
by nedsaid
Sun Apr 23, 2017 9:29 pm
Forum: Investing - Theory, News & General
Topic: Passive and Active, All the Time?
Replies: 15
Views: 1342

Re: Passive and Active, All the Time?

You could use a passive/active approach, particularly with Vanguard where you have active funds that are both low-cost and relatively good performers. I have invested active/passive for years now though my passive portion is growing and the active portion is shrinking in portfolio weighting. Since ...
by nedsaid
Sun Apr 23, 2017 9:22 pm
Forum: Investing - Theory, News & General
Topic: How Do You Like My New 'Doo
Replies: 42
Views: 10034

Re: How Do You Like My New 'Doo

A couple of things changed in my portfolio that I wanted to comment on. First of all, I started to get a bit excited about individual stocks again. Sort of returning to my roots as an investor. My first stock was AST Research, purchased in 1988. I made a profit on the stock and it was off to the rac...
by nedsaid
Sun Apr 23, 2017 8:22 pm
Forum: Investing - Theory, News & General
Topic: Passive and Active, All the Time?
Replies: 15
Views: 1342

Re: Passive and Active, All the Time?

You could use a passive/active approach, particularly with Vanguard where you have active funds that are both low-cost and relatively good performers. I have invested active/passive for years now though my passive portion is growing and the active portion is shrinking in portfolio weighting. Since ...
by nedsaid
Sun Apr 23, 2017 7:53 pm
Forum: Investing - Theory, News & General
Topic: A test for when risk factors have positive expected returns
Replies: 36
Views: 2299

Re: A test for when risk factors have positive expected returns

Nedsaid: 2008-2009 might be an exception to this. Value got hit pretty hard then. Could you do some checking? PV has monthly returns, so I calculated from 10/31/2007 through 2/28/2009. Value was -54% and Growth was -47%. Interesting that the entire difference actually happened in January & Feb....
by nedsaid
Sun Apr 23, 2017 7:47 pm
Forum: Investing - Help with Personal Investments
Topic: [Should I get an advisor?]
Replies: 14
Views: 996

Re: [Should I get an advisor?]

With that high a net worth, you would qualify for the vanguard free cfp evaluation. You could start there. Or you could go with their pas and then stop it after everything is setup and you are comfortable with everything. Another option would be a consult with a fee only planner like garret plannin...
by nedsaid
Sun Apr 23, 2017 7:32 pm
Forum: Investing - Theory, News & General
Topic: Passive and Active, All the Time?
Replies: 15
Views: 1342

Re: Passive and Active, All the Time?

You could use a passive/active approach, particularly with Vanguard where you have active funds that are both low-cost and relatively good performers. I have invested active/passive for years now though my passive portion is growing and the active portion is shrinking in portfolio weighting. Since 2...
by nedsaid
Sun Apr 23, 2017 7:17 pm
Forum: Investing - Help with Personal Investments
Topic: Truly appreciate your suggestions on my investments
Replies: 20
Views: 602

Re: Truly appreciate your suggestions on my investments

I have been reading on this site for a couple of months and have learned a tremendous amount. Thank you My previously rollover IRA was managed by Fidelity portfolio advisory services and realized they were just taking my money and i could do it myself. I immediately took it out of the portfolio ser...
by nedsaid
Sun Apr 23, 2017 12:02 pm
Forum: Investing - Help with Personal Investments
Topic: Rght Bond fund/s when interest rates rise?
Replies: 31
Views: 1941

Re: Rght Bond fund/s when interest rates rise?

Dear Bogleheads, I am wondering as interest rates rise, if I should be replacing total bond market fund in my portfolio with one or multiple of these: Vanguard Inflation Protected Securites Fund (VIPSX) Vanguard Intermdiate-term Bond Index (VBIIX) Vanguard Short-term Bond Index (VBISX) Thanks! At 4...
by nedsaid
Sun Apr 23, 2017 11:51 am
Forum: Investing - Help with Personal Investments
Topic: VG Advisory Services
Replies: 7
Views: 779

Re: VG Advisory Services

Generally, we were very close to an AA that VG recommends. There was one glaring difference, that is, they recommend international bonds. We have zero exposure to international bonds. From our 50:50 portfolio, they recommended 9% of total portfolio value in international bonds. Now, our AA is prett...
by nedsaid
Sun Apr 23, 2017 11:06 am
Forum: Investing - Theory, News & General
Topic: Larry Swedroe says "Goodby."
Replies: 332
Views: 33745

Re: Larry Swedroe says "Goodby."

I have felt bad since the thread on reinsurance that started all of this. We are a skeptical bunch. I feel sad as I feel that something has changed and we lost something that we will never get back. But life is full of transitions. Rick Ferri retired and posts much less frequently here. Larry Swedro...
by nedsaid
Sun Apr 23, 2017 10:25 am
Forum: Investing - Theory, News & General
Topic: What's Wrong With AQR? (Managed Futures)
Replies: 66
Views: 4894

Re: What's Wrong With AQR? (Managed Futures)

The problems with multi-factor fund investing are I see it (granted I am not a multi-factor fund adherent) are details in construction and management of the portfolio? Nedsaid: A big problem is that most managers are good at maybe one or two styles of investing. As Garland says below, Warren Buffet...
by nedsaid
Sun Apr 23, 2017 9:16 am
Forum: Investing - Theory, News & General
Topic: "Commodities in Your Portfolio? 'Hogwash...'"
Replies: 21
Views: 2616

Re: "Commodities in Your Porfolio? 'Hogwash...'"

Gee, it has only been a decade or so of under-performance. You have to give these things time - maybe a couple of generations, but think of the tail risks you avoid. You have to ignore the actual return of commodities and consider the risk adjusted return of the portfolio. Dale I remember the epic ...
by nedsaid
Sat Apr 22, 2017 5:54 pm
Forum: Investing - Help with Personal Investments
Topic: How to migrate to better retirement plan?
Replies: 8
Views: 976

Re: How to migrate to better retirement plan?

Newcomer here, and first post. I read the wiki and know folks need more information to suggest an appropriate retirement plan -- but my question is "how do you get there?" I am 62 and newly retired - not by choice, but I think I can do it. Half my retirement in single stocks and half in c...
by nedsaid
Sat Apr 22, 2017 12:29 pm
Forum: Investing - Theory, News & General
Topic: A test for when risk factors have positive expected returns
Replies: 36
Views: 2299

Re: A test for when risk factors have positive expected returns

The problem is that the hedge fund world is pretty opaque, not sure the percentages as far as the world investment markets, but they do have a big influence. There is a lot of "hot" money sloshing around out there but we have only limited knowledge of what that hot money is doing. When you...
by nedsaid
Sat Apr 22, 2017 12:22 pm
Forum: Investing - Theory, News & General
Topic: How Do You Like My New 'Doo
Replies: 42
Views: 10034

Re: How Do You Like My New 'Doo

I thought I would update my retirement portfolio as of today: April 22, 2017. 1. US Total Stock Market Index 12.89% 2. Diversified Bond Fund 6.14% 3. Vanguard US Total Bond Market Index 5.38% In Fund and in ETF form. 4. Cash Balance Retirement Pension 4.61% (Frozen after 2009). 5. TIPS Fund 3.47% 6....
by nedsaid
Sat Apr 22, 2017 11:39 am
Forum: Personal Finance (Not Investing)
Topic: Why are pensions revered, but annuities reviled?
Replies: 113
Views: 9117

Re: Why are pensions revered, but annuities reviled?

I read lots of stuff about the good old days when everyone had a pension, but at the same time whenever anyone brings up annuities people's blood starts to boil. I don't get it. It seems to me that upon retirement, converting some portion of your retirement account into an single-premium immediate ...
by nedsaid
Sat Apr 22, 2017 11:36 am
Forum: Investing - Help with Personal Investments
Topic: Opinion on Vanguard Energy (VGENX)
Replies: 18
Views: 1905

Re: Opinion on Vanguard Energy (VGENX)

As far as oil, the world does seem to have changed. Indeed, I am starting to read that "Peak Oil" might not mean peak supply but peak demand. It could be that we could be seeing an era of relatively cheap gasoline, which we saw here from the early 1980's into the 2000's. Super interesting...
by nedsaid
Sat Apr 22, 2017 11:31 am
Forum: Investing - Theory, News & General
Topic: A test for when risk factors have positive expected returns
Replies: 36
Views: 2299

Re: A test for when risk factors have positive expected returns

Again, this is powerful evidence to me that Value is primarily behavioral. I grant that Value might have a greater fundamental risk but I assert that Value has a lower pricing risk. If it is true there is a "value premium," you should be able to at least construct a portfolio with higher ...
by nedsaid
Sat Apr 22, 2017 11:29 am
Forum: Investing - Help with Personal Investments
Topic: Help for Dividend Loving Widow
Replies: 13
Views: 1865

Re: Help for Dividend Loving Widow

Here is what you do. Set up a taxable brokerage account. She can move individual stocks from the IRA to the brokerage account as an in-kind distribution. She can continue to take the dividends from the stocks whether they reside within the IRA or within the taxable account. This solves the problem o...
by nedsaid
Sat Apr 22, 2017 10:35 am
Forum: Investing - Theory, News & General
Topic: A test for when risk factors have positive expected returns
Replies: 36
Views: 2299

Re: A test for when risk factors have positive expected returns

To shift gears--since we of course can't do this thread without talking about value, let's consider large value vs. large growth since that invites less ideological fervor here. If I run a 45 year backtest on portfolio visualizer of large value vs. large growth, these are the results I get: LV: ret...
by nedsaid
Sat Apr 22, 2017 10:26 am
Forum: Investing - Theory, News & General
Topic: A test for when risk factors have positive expected returns
Replies: 36
Views: 2299

Re: A test for when risk factors have positive expected returns

There is a good case to be made that Profitability or Quality is a good place to be. Vanguard Dividend Growth is a good example as consistently growing dividends are a good indicator of consistently growing earnings. This is a nice point. I posed my test by saying, if you think that risk X has posi...
by nedsaid
Fri Apr 21, 2017 8:04 pm
Forum: Personal Finance (Not Investing)
Topic: Age when you started to max out your retirement accounts?
Replies: 177
Views: 24626

Re: Age when you started to max out your retirement accounts?

I have been a good saver but never have been able to max out the annual limits of my retirement accounts.
by nedsaid
Thu Apr 20, 2017 9:02 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe says "Goodby."
Replies: 332
Views: 33745

Re: Larry Swedroe says "Goodby."

Thanks Larry for everything. I have enjoyed interacting with you here at the Bogleheads Forum and it has been an honor. Like a pick-up game of basketball in the inner city, sometimes sharp elbows get thrown underneath the basket. Nothing personal, just what happens when smart people get involved in ...
by nedsaid
Thu Apr 20, 2017 8:50 pm
Forum: Investing - Theory, News & General
Topic: A test for when risk factors have positive expected returns
Replies: 36
Views: 2299

Re: A test for when risk factors have positive expected returns

We know that not all unique risks are reward with higher than average expected returns. Energy companies are subject to unique risk because, if the price of oil drops, their prospects will be hurt in ways that the prospects of other companies will not. There is no reason to expect that overweightin...
by nedsaid
Wed Apr 19, 2017 8:53 am
Forum: Investing - Theory, News & General
Topic: Larry Swedroe : Integrated Investment Plan
Replies: 35
Views: 6461

Re: Larry Swedroe : Integrated Investment Plan

Azanon, I think your view is incorrect. I believe Larry was only trying to give back. He was just trying to get the word out on the winning strategy. he doesn't get much of anything in return except the satisfaction of helping others. I could be wrong, but doubt it strongly. Dave I don't see how it...
by nedsaid
Wed Apr 19, 2017 8:49 am
Forum: Investing - Theory, News & General
Topic: Larry Swedroe : Integrated Investment Plan
Replies: 35
Views: 6461

Re: Larry Swedroe : Integrated Investment Plan

I agree with what was said above. Larry contributed a large amount of content to the forum and that is something that will genuinely be missed. What will not be missed is the way he treated those he disagreed with. There is no list of credentials or number of published books and articles that justi...
by nedsaid
Wed Apr 19, 2017 8:25 am
Forum: Investing - Theory, News & General
Topic: What's Wrong With AQR? (Managed Futures)
Replies: 66
Views: 4894

Re: What's Wrong With AQR? (Managed Futures)

It is like the old saying about being to clever by half. Sometimes we are just too smart for our own good. We want to overthink investing and we try to outsmart the markets. This also reminds me of the Cold War Spy vs. Spy and measure vs. countermeasure. Markets are volatile and sometimes more volat...
by nedsaid
Wed Apr 19, 2017 7:59 am
Forum: Investing - Help with Personal Investments
Topic: Opinion on Vanguard Energy (VGENX)
Replies: 18
Views: 1905

Re: Opinion on Vanguard Energy (VGENX)

It is good that our right honorable gentleman from the U.K. has agreed with my assessment of the effects of fracking upon future oil prices. This is why I am not piling into energy stocks now, I think the world has changed. Right Honourable refers to a Member of Parliament ;-). BP and Shell are amo...
by nedsaid
Tue Apr 18, 2017 9:10 pm
Forum: Investing - Theory, News & General
Topic: Article-Argument against Buffet and Bogle's International Advice
Replies: 36
Views: 4071

Re: Article-Argument against Buffet and Bogle's International Advice

I want to own the best companies in the world regardless of where they are headquartered. I also don't buy the argument that the S&P 500 gives you International diversification because these large American companies have substantial overseas revenues. You could make the reverse argument and ask ...
by nedsaid
Tue Apr 18, 2017 9:03 pm
Forum: Investing - Help with Personal Investments
Topic: Opinion on Vanguard Energy (VGENX)
Replies: 18
Views: 1905

Re: Opinion on Vanguard Energy (VGENX)

It is good that our right honorable gentleman from the U.K. has agreed with my assessment of the effects of fracking upon future oil prices. This is why I am not piling into energy stocks now, I think the world has changed.
by nedsaid
Tue Apr 18, 2017 1:02 am
Forum: Investing - Help with Personal Investments
Topic: Opinion on Vanguard Energy (VGENX)
Replies: 18
Views: 1905

Re: Opinion on Vanguard Energy (VGENX)

The Vanguard Energy Fund in the past would have been a good bet during the downswings in energy prices. Hard to say if this will continue, I am beginning to think that fracking might have put a permanent ceiling on oil prices. The frackers are able to profit on lower and lower oil and gas prices as ...
by nedsaid
Tue Apr 18, 2017 12:55 am
Forum: Investing - Theory, News & General
Topic: Larry Swedroe : Integrated Investment Plan
Replies: 35
Views: 6461

Re: Larry Swedroe : Integrated Investment Plan

Thank you for keeping us updated on the articles from Mr. Swedroe, Random Walker :sharebeer Someone should apologize to him privately and invite him back. I'm not up on who did what. As much of a Larry Swedroe fan that I am, Larry was not blameless. It is a good reminder to us all to be measured in...
by nedsaid
Tue Apr 18, 2017 12:39 am
Forum: Investing - Help with Personal Investments
Topic: Are there fees for dividend reinvestment?
Replies: 2
Views: 462

Re: Are there fees for dividend reinvestment?

There will not be fees for dividend reinvestment within a mutual fund. ETF's are a different answer, at my brokerage I get free reinvestment for retirement accounts, for taxable accounts reinvestment fees are $1 per occurrence.
by nedsaid
Tue Apr 18, 2017 12:35 am
Forum: Personal Finance (Not Investing)
Topic: Christine Benz: "An Investing Road Map for Retirees"
Replies: 3
Views: 1079

Re: Christine Benz: "An Investing Road Map for Retirees"

This is a good article. I have been such a good saver over my lifetime the transition to spending will be a challenge for me. The decumulation phase is just as important as accumulating in the first place.
by nedsaid
Tue Apr 18, 2017 12:30 am
Forum: Investing - Theory, News & General
Topic: "Yield surge: Remember the real role of bonds"
Replies: 14
Views: 1873

Re: "Yield surge: Remember the real role of bonds"

Perhaps my prayers are being answered. I have been wanting interest rates to normalize so that I can start de-risking my portfolio. At age 57, I am 2/3 stocks and 1/3 bonds and cash. Hard to get excited over 2% yields on bonds. The trick is for inflation not to increase by a corresponding amount. I ...

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