Search found 2658 matches

by oldcomputerguy
Mon Apr 16, 2018 7:48 pm
Forum: Personal Finance (Not Investing)
Topic: For those that re-invest dividends automatically...
Replies: 15
Views: 2261

Re: For those that re-invest dividends automatically...

If your goal is to save X percent of your income, I would assume that would not include dividends. For one thing, you can’t count on dividends.
by oldcomputerguy
Mon Apr 16, 2018 11:43 am
Forum: Personal Consumer Issues
Topic: How do you determine what internet speed you need?
Replies: 32
Views: 1071

Re: How do you determine what internet speed you need?

We have AT&T Uverse service at home, 6 megabits down. It has proven to be sufficient for most of what we do. The only time I run into sluggishness is when DW uses her workplace laptop to VPN in to her workplace network from home. During those times, her laptop pretty much saturates the upward traffi...
by oldcomputerguy
Mon Apr 16, 2018 11:35 am
Forum: Investing - Theory, News & General
Topic: Higher bond allocations with riskier bonds
Replies: 10
Views: 534

Re: Higher bond allocations with riskier bonds

Not sure I understand the purpose. If risk and return are similar, why go with three funds rather than two? You seem to be moving some of your equity risk to bonds with similar risk and return. Why bother?
by oldcomputerguy
Mon Apr 16, 2018 11:11 am
Forum: Investing - Theory, News & General
Topic: "The Only Investment Guide You'll Ever Need" Kindle daily deal
Replies: 7
Views: 1542

Re: "The Only Investment Guide You'll Ever Need" Kindle daily deal

I like this book but am not sure it lives up to its title (the “only investment book you’ll ever need”). Tobias recommends individual US Treasuries or municipal bonds on the fixed-income side and completely recommends against corporate bonds, or any bond funds. I think the prospective investor would...
by oldcomputerguy
Sun Apr 15, 2018 4:38 pm
Forum: Personal Consumer Issues
Topic: Las Vegas hotel
Replies: 44
Views: 2896

Re: Las Vegas hotel

DW and I have a preference for Bally’s on the Strip. (In fact we’re there right now.) Centrally located, not that monstrously sized, within walking distance of many of the local night spots and decent dining.
by oldcomputerguy
Fri Apr 13, 2018 9:39 pm
Forum: Personal Finance (Not Investing)
Topic: [Help completing the TN state tax return]
Replies: 73
Views: 2214

Re: Do all state tax returns, but specifically Tennessee, require you to report interest from checking/savings accounts?

I know on the federal level anything checking or savings account interest over .49 per account is taxable on the federal tax return. But what about for all state tax returns? Do all states require you to pay taxes on interest on just checking or savings accounts? More specifically, also Tennessee. ...
by oldcomputerguy
Fri Apr 13, 2018 6:11 pm
Forum: Personal Consumer Issues
Topic: PayPal fund request from unknown person?
Replies: 19
Views: 1473

Re: PayPal fund request from unknown person?

This sort of thing is precisely why I never linked PayPal to my checking account.
by oldcomputerguy
Fri Apr 13, 2018 9:21 am
Forum: Investing - Theory, News & General
Topic: Bull Market Timing
Replies: 60
Views: 4390

Re: Bull Market Timing

That's fine. Some do view the 2011 and the mid 2015-16 drops where individual stocks/sectors suffered more than a 20% decline compared to just the 500 stocks in the S&P 500. There certainly is no denying that there was significant negative activity in the market during those time periods. I just ha...
by oldcomputerguy
Fri Apr 13, 2018 8:08 am
Forum: Investing - Theory, News & General
Topic: Bull Market Timing
Replies: 60
Views: 4390

Re: Bull Market Timing

Forward P/E looks pretty great on the S&P 500. Also check-out 1996. Never a better time to buy (irrational exuberance). Also this bull market started in 2016 (after we had a bear). I (like just about everyone else) know about the 2009 bear. When was the bear between then and now? There have of cour...
by oldcomputerguy
Fri Apr 13, 2018 5:58 am
Forum: Investing - Help with Personal Investments
Topic: Why traditional IRA better than Roth IRA
Replies: 87
Views: 6723

Re: Why traditional IRA better than Roth IRA

That’s a tad naive in my opinion. There’s nothing in the law that says Congress can’t change the rules and make Roth withdrawals taxable in the future. Likely? No. Possible? Yes. Agreed. I think that the recently-passed tax legislation (along with the 2016 closing of the "file-and-suspend" loophole...
by oldcomputerguy
Fri Apr 13, 2018 5:39 am
Forum: Personal Finance (Not Investing)
Topic: Wanting to leave Fidelity
Replies: 90
Views: 8465

Re: Wanting to leave Fidelity

Jack FFR1846 wrote:
Thu Apr 12, 2018 12:48 pm
Does ANYONE instantly link accounts?
Certainly not something I'd want to happen. If someone succeeded in linking their bank account to my IRA, I'd want a chance to intercede and kill it.
:annoyed
by oldcomputerguy
Fri Apr 13, 2018 5:35 am
Forum: Investing - Theory, News & General
Topic: Bull Market Timing
Replies: 60
Views: 4390

Re: Bull Market Timing

Forward P/E looks pretty great on the S&P 500. Also check-out 1996. Never a better time to buy (irrational exuberance). Also this bull market started in 2016 (after we had a bear). I (like just about everyone else) know about the 2009 bear. When was the bear between then and now? There have of cour...
by oldcomputerguy
Thu Apr 12, 2018 5:38 pm
Forum: Personal Finance (Not Investing)
Topic: Popular Direct savings 2% good?
Replies: 5
Views: 573

Re: Popular Direct savings 2% good?

Do you have a link to the bank itself, or just the link to the review? A couple of things jump out at me looking at the review page: (1) The bank linked to from the review page is "Banco Popular", a Puerto Rican bank, which brings to mind the past issues with Puerto Rico defaulting on their debts; a...
by oldcomputerguy
Thu Apr 12, 2018 4:24 pm
Forum: Personal Consumer Issues
Topic: Passport photo DIY - anyone done it easily?
Replies: 92
Views: 6456

Re: Passport photo DIY - anyone done it easily?

Last time we had passport photos done, we got them done at the local Walgreen's drug store photo dept. I don't remember what we paid back then, but their web site today advertises a cost of $14.99. Apparently the taking of these photos is not a simple matter. The Dept. of State has some fairly strin...
by oldcomputerguy
Thu Apr 12, 2018 2:12 pm
Forum: Local Chapters and Bogleheads Community
Topic: Too much Bogleheads.org?
Replies: 66
Views: 8045

Re: Too much Bogleheads.org?

Perhaps a related syndrome... until recently I "peeked" way too much at my holdings. I also looked sometimes two or three times a day at my checking and credit card accounts. I can't explain the compulsion, it was just there. Now it's not. In fact, just the other day, I realized that DW's payday had...
by oldcomputerguy
Thu Apr 12, 2018 10:22 am
Forum: Investing - Theory, News & General
Topic: Bull Market Timing
Replies: 60
Views: 4390

Re: Bull Market Timing

You can't really say you know "nuthin,' because you obviously think that the market, after a "correction" (such a silly, circular term), is far more likely to bounce back over time than it is to stay at low levels, or sink further. You're right. I do think that the market will ultimately bounce bac...
by oldcomputerguy
Thu Apr 12, 2018 8:03 am
Forum: Investing - Theory, News & General
Topic: Bull Market Timing
Replies: 60
Views: 4390

Re: Bull Market Timing

Can someone remind me why we shouldn’t try to time the market? This bull market has been incredible but it doesn’t take a genius to look at historical averages and see we’re near the end here... Given that a typical bull market run is about 4 years or so, remember that they were saying the same thi...
by oldcomputerguy
Wed Apr 11, 2018 5:11 pm
Forum: Investing - Theory, News & General
Topic: Is rebalancing with new money only superior?
Replies: 17
Views: 881

Re: Is rebalancing with new money only superior?

If you have the option of only rebalancing with new money instead of exchanging current stock, is that a mathematically superior strategy, or is it the same? If I'm understanding your question correctly, yes, absolutely rebalancing with new money is superior, in that, well, it means ... you're addi...
by oldcomputerguy
Wed Apr 11, 2018 2:57 pm
Forum: Investing - Help with Personal Investments
Topic: Emergency Fund Investing
Replies: 24
Views: 1801

Re: Emergency Fund Investing

To my way of thinking, an “emergency fund” is just that — money I may need to meet an emergency. I don’t want to have to think about whether a holding has lost value, whether or not I’ll have to pay a penalty, whether or not I can find a buyer for a bond or CD when I need it. I hold several thousand...
by oldcomputerguy
Wed Apr 11, 2018 2:00 pm
Forum: Investing - Theory, News & General
Topic: The Two Fund Portfolio
Replies: 34
Views: 4358

Re: The Two Fund Portfolio

Just curious, how would one be able to have an allocation to equity that did not have any exposure to beta? Is that even possible? Yes, long/short funds. Probably, the most efficient way to achieve factor exposure since half of a factor's premium is on the short side. This is what AQR does in its S...
by oldcomputerguy
Wed Apr 11, 2018 12:00 pm
Forum: Investing - Help with Personal Investments
Topic: Where to invest $2200 in a 16 year old's Roth IRA
Replies: 17
Views: 950

Re: Where to invest $2200 in a 16 year old's Roth IRA

Do not try to buy Vanguard mutual funds at Fidelity. If you want Vanguard mutual funds specifically, open a Roth account at Vanguard. That being said, Fidelity has quite a few suitable options in their low-cost fund lineup, many of which are commission-free. Given that you don't have the $2500 minim...
by oldcomputerguy
Wed Apr 11, 2018 11:48 am
Forum: Investing - Theory, News & General
Topic: The Two Fund Portfolio
Replies: 34
Views: 4358

Re: The Two Fund Portfolio

(1.a.) Do you think a factor-tilted portfolio should have any exposure to market beta? Just curious, how would one be able to have an allocation to equity that did not have any exposure to beta? Is that even possible? Yes, long/short funds. Probably, the most efficient way to achieve factor exposur...
by oldcomputerguy
Wed Apr 11, 2018 11:31 am
Forum: Investing - Theory, News & General
Topic: Stock market investors on higher floors take more risks
Replies: 13
Views: 1634

Re: Stock market investors on higher floors take more risks

goingup wrote:
Wed Apr 11, 2018 11:23 am
That's fascinating. Note to self: Stay on low floors of Las Vegas hotels. :D
Why? The risk all lives out on the casino floor.
:twisted:
by oldcomputerguy
Wed Apr 11, 2018 11:25 am
Forum: Investing - Theory, News & General
Topic: The Two Fund Portfolio
Replies: 34
Views: 4358

Re: The Two Fund Portfolio

Lou354 wrote:
Mon Apr 09, 2018 2:57 pm
(1.a.) Do you think a factor-tilted portfolio should have any exposure to market beta?
Just curious, how would one be able to have an allocation to equity that did not have any exposure to beta? Is that even possible?
by oldcomputerguy
Wed Apr 11, 2018 11:21 am
Forum: Investing - Help with Personal Investments
Topic: Vanguard vs TIAA
Replies: 58
Views: 1641

Re: Vanguard vs TIAA

OK, sorry then I misunderstood your original post when you stated that I was comparing apples to oranges and you gave an example of the investor-class version of the TIAA fund (TLHRX) that I should be comparing the Vanguard one to. I apologize if my post did not answer your question. I was respondi...
by oldcomputerguy
Wed Apr 11, 2018 10:01 am
Forum: Investing - Help with Personal Investments
Topic: Vanguard vs TIAA
Replies: 58
Views: 1641

Re: Vanguard vs TIAA

So why is institutional worse than investor class fund? Who said it was? I don't think I said that. If I had two investment options available to me in my 401k, one an S&P500 institutional share class and the other an S&P500 investor share class, I'd jump on the institutional class in a heartbeat. R...
by oldcomputerguy
Wed Apr 11, 2018 9:42 am
Forum: Investing - Help with Personal Investments
Topic: Vanguard vs TIAA
Replies: 58
Views: 1641

Re: Vanguard vs TIAA

OK, point well taken. I don't understand institutional vs investor. It's really not hard. Think of the mutual fund as the fund company's product that they sell. The charge a certain "price" for their product, the price being the amount they siphon off each year from your holdings, that amount being...
by oldcomputerguy
Wed Apr 11, 2018 5:10 am
Forum: Investing - Theory, News & General
Topic: Treasury Advocates besides Swedroe & Swensen
Replies: 10
Views: 1161

Re: Treasury Advocates besides Swedroe & Swensen

Paul Merriman uses Treasury funds in his recommended portfolios.
by oldcomputerguy
Wed Apr 11, 2018 5:05 am
Forum: Investing - Help with Personal Investments
Topic: Vanguard vs TIAA
Replies: 58
Views: 1641

Re: Vanguard vs TIAA

I'm trying to decide whether I should stick with TIAA or transfer over to Vanguard. What I have read here (and other places) people say that Vanguard has lower fees so it's more beneficial. But I'm failing to see that. When I compare funds for example TIAA-CREF Lifecycle Index 2030 Fund Institution...
by oldcomputerguy
Wed Apr 11, 2018 4:58 am
Forum: Investing - Help with Personal Investments
Topic: Vanguard fund
Replies: 2
Views: 441

Re: Vanguard fund

It's an all-in-one, a "fund of funds", just like their retail target retirement funds. Being an "income" fund, it's just about all the way at the end of the glide path. According to this page , the fund currently stands at approximately 30% equities and 70% fixed-income. Don't sweat not being able t...
by oldcomputerguy
Tue Apr 10, 2018 8:29 pm
Forum: Personal Consumer Issues
Topic: [What UN-frugal thing do you do? What do you splurge on?]
Replies: 567
Views: 37276

Re: Name something you bought that wasn't cheap and glad you did

Our current home. It’s in the middle of five acres of woods, and has everything we were looking for when we were house shopping.
by oldcomputerguy
Mon Apr 09, 2018 7:59 pm
Forum: Personal Consumer Issues
Topic: Name something you had to have and now you regret purchasing it?
Replies: 376
Views: 39947

Re: Name something you had to have and now you regret purchasing it?

Learned a lot and was very selective in my second and current marriage. “Current marriage” - lol Do you really introduce your wife as “your current wife”? Seems like one of those quips you can pull off... once. I once had a co-worker who used to describe his current girlfriend as “my current future...
by oldcomputerguy
Mon Apr 09, 2018 2:21 pm
Forum: Personal Consumer Issues
Topic: Anyone tried a sunrise alarm clock?
Replies: 42
Views: 3189

Re: Anyone tried a sunrise alarm clock?

What's a "sunrise alarm clock"? The clock we have in our bedroom is a digital clock-radio with an old-style 30-pin Apple port on which we have docked an iPod containing wake-up music. It fires when the alarm time hits. It's an alarm clock that simulates the sunrise in your room as it has a large bu...
by oldcomputerguy
Mon Apr 09, 2018 12:28 pm
Forum: Personal Consumer Issues
Topic: Anyone tried a sunrise alarm clock?
Replies: 42
Views: 3189

Re: Anyone tried a sunrise alarm clock?

What's a "sunrise alarm clock"? The clock we have in our bedroom is a digital clock-radio with an old-style 30-pin Apple port on which we have docked an iPod containing wake-up music. It fires when the alarm time hits.
by oldcomputerguy
Mon Apr 09, 2018 9:05 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 6393
Views: 1371398

Re: U.S. stocks in freefall

wrongfunds wrote:
Mon Apr 09, 2018 8:28 am
It was supposed to be sarcastic comment. I got the sarcasm part of it.
Oh, okay. Sorry about that, I think sometimes that my sarcasm detector doesn't kick in until after the second cup of coffee.
:oops:
by oldcomputerguy
Mon Apr 09, 2018 5:04 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 6393
Views: 1371398

Re: U.S. stocks in freefall

Interesting thought but have you not compared the daily movements of the S&P500 to the underlying securities? Kind of scary how correlated they are. I would imagine that the correlation between an index and its underlying securities would by nature be extremely high. It's the value of the underlyin...
by oldcomputerguy
Sun Apr 08, 2018 3:14 pm
Forum: Investing - Help with Personal Investments
Topic: Common finanical institution for spouse?
Replies: 3
Views: 276

Re: Common finanical institution for spouse?

Fidelity has excellent customer support (there have been several threads here complaining about Vanguard’s). Vanguard has overall lower expenses, and Vanguard has index mutual funds for some asset classes that are not available in Fidelity mutual finds (such as small-cap value). Overall, you could d...
by oldcomputerguy
Sun Apr 08, 2018 2:44 pm
Forum: Personal Consumer Issues
Topic: Home Safe vs Safety Deposit Box
Replies: 84
Views: 16767

Re: Home Safe vs Safety Deposit Box

Getting directed to this old thread from this topic loosely touched upon in a current thread. Not clear why every one seems to want to keep birth certificates and passports in a safety deposit box. They're cheap and easy to replaced, and not a real target for thieves. What am i missing here? Cheap ...
by oldcomputerguy
Sun Apr 08, 2018 11:24 am
Forum: Investing - Theory, News & General
Topic: Help Me Make The Case Against Online Trading Academy
Replies: 33
Views: 2337

Re: Help Me Make The Case Against Online Trading Academy

Yes, exactly...I believe I mentioned this to him in the initial conversation and he said something like "these people have already made all the money they would ever need, and now they just want to help others" ......wow Someone needs to get their BS meter out. If they've already made all the money...
by oldcomputerguy
Sat Apr 07, 2018 6:58 pm
Forum: Investing - Help with Personal Investments
Topic: 2-yr treasury ladder with 6-month rungs
Replies: 13
Views: 1205

Re: 2-yr treasury ladder with 6-month rungs

I believe Fidelity has a bond ladder tool to help with such, you might give it a look.
by oldcomputerguy
Sat Apr 07, 2018 5:16 pm
Forum: Personal Finance (Not Investing)
Topic: Parents have zero savings. What can I do?
Replies: 168
Views: 13859

Re: Parents have zero savings. What can I do?

That's unfortunate. It's hard to see how you could be of help at all if they aren't willing to offer any information. Maybe they aren't actually looking for help. Maybe the are resigned to the fact that they must work until they die. Perhaps they are just looking for sympathy. Or maybe they're just...
by oldcomputerguy
Sat Apr 07, 2018 4:45 pm
Forum: Investing - Help with Personal Investments
Topic: Error in paul merriman's Fine-Tuning-Tables -- 100% bond returns?
Replies: 3
Views: 217

Re: Error in paul merriman's Fine-Tuning-Tables -- 100% bond returns?

Merriman prefers to include straight Treasury funds in his portfolios rather than total bond funds. Total bond funds did not do as well as straight Treasury funds during the 2008 downturn, I'm guessing due to total bond's corporate and MBS holdings.
by oldcomputerguy
Sat Apr 07, 2018 4:35 pm
Forum: Investing - Theory, News & General
Topic: Help Me Make The Case Against Online Trading Academy
Replies: 33
Views: 2337

Re: Help Me Make The Case Against Online Trading Academy

I couldn't help but notice that in the first instructor bio I read, one of the credentials listed is "Accounting specialist and management consultant - Arthur Andersen & Co."

Why does this throw a red flag in my mind?
by oldcomputerguy
Sat Apr 07, 2018 2:05 pm
Forum: Personal Consumer Issues
Topic: Finance only laptop? Can I use an old one?
Replies: 25
Views: 1637

Re: Finance only laptop? Can I use an old one?

Oh, and I am not a techie, so Linux is really not an option for me, though it sounds very good... Before you get your mind locked in stone on that, why not try it? Download and burn a copy of Linux Mint to a DVD (32-bit or 64-bit, depending on your machine, although 32-bit should run on either), bo...
by oldcomputerguy
Sat Apr 07, 2018 10:53 am
Forum: Investing - Theory, News & General
Topic: What is Megacorp?
Replies: 62
Views: 4467

Re: What is Megacorp?

That's not surprising. He never even looks at the owner's manual. He just uses all Acme products straight out of the box. :oops: Yeah, if old Wile E. had just noticed that "Not effective on Road Runners" legend on the back of the bottle of Earthquake Pills, he'd have saved himself a lot of discomfo...
by oldcomputerguy
Sat Apr 07, 2018 10:47 am
Forum: Investing - Theory, News & General
Topic: What is Megacorp?
Replies: 62
Views: 4467

Re: What is Megacorp?

Harriman Enterprises
by oldcomputerguy
Sat Apr 07, 2018 10:23 am
Forum: Investing - Help with Personal Investments
Topic: Bond Fund Comparison Help (VBTLX VS MWTIX)
Replies: 18
Views: 727

Re: Bond Fund Comparison Help (VBTLX VS MWTIX)

Thank you - great stuff so far guys. Looks like perhaps both funds could have a place in my portfolio. Bonds are my weakest point as far as knowledge and understanding. What is "average credit quality"? AA vs BBB what does that mean? https://en.wikipedia.org/wiki/Bond_credit_rating One of the class...
by oldcomputerguy
Sat Apr 07, 2018 10:09 am
Forum: Investing - Help with Personal Investments
Topic: Bond Fund Comparison Help (VBTLX VS MWTIX)
Replies: 18
Views: 727

Re: Bond Fund Comparison Help (VBTLX VS MWTIX)

The main differences are that Metropolitan West Total Return Institutional is an actively managed fund, has a higher expense ratio, has a lower credit quality, and historically has outperformed Vanguard Total Bond Market Index Fund Admiral Shares. I guess the question one has to ask is whether the ...
by oldcomputerguy
Sat Apr 07, 2018 10:07 am
Forum: Personal Finance (Not Investing)
Topic: Personal Capital's "Complimentary Portfolio Review" - Thoughts?
Replies: 17
Views: 687

Re: Personal Capital's "Complimentary Portfolio Review" - Thoughts?

The "index funds are too risky in this market" line is the new mantra for those that earn their paychecks off of your portfolio because they have pretty much lost the argument that they can provide better returns. It strikes me as rather silly that they in effect are arguing that total market index...