Search found 1072 matches

by patrick
Fri Feb 12, 2016 7:35 pm
Forum: Personal Finance (Not Investing)
Topic: Retirement options besides 401k
Replies: 4
Views: 381

Re: Retirement options besides 401k

You might be able to make a deductible traditional IRA contribution after all. See https://www.irs.gov/Retirement-Plans/IR ... ion-Limits
by patrick
Sat Feb 06, 2016 10:59 pm
Forum: Personal Consumer Issues
Topic: Three devices = redundancy
Replies: 45
Views: 6760

Re: Three devices = redundancy

nothing wrong with having a few spares :)
by patrick
Sat Feb 06, 2016 10:39 pm
Forum: Personal Consumer Issues
Topic: Do you download software or use a DVD drive?
Replies: 24
Views: 984

Re: Do you download software or use a DVD drive?

I normally download almost all software, but have recently used a DVD for OS reinstall (though those can be moved to USB also). I wouldn't use the supplied driver discs with any new hardware because they are usually severely out of date compared to the latest version you can download. However, DVD d...
by patrick
Sat Feb 06, 2016 12:55 am
Forum: Investing - Theory, News & General
Topic: a look at floating rate note funds
Replies: 5
Views: 682

Re: a look at floating rate note funds

There are also some investment grade floating rate bond funds, including these low cost ETFS: iShares FLOT (0.20% ER), SPDR FLRN (0.15% ER), and Van Eck FLTR (0.14% ER while the temporary fee waiver is active).
by patrick
Thu Feb 04, 2016 2:57 am
Forum: Personal Consumer Issues
Topic: How to stop MS loading Windows 10?
Replies: 32
Views: 2506

Re: How to stop MS loading Windows 10?

Wow, more problems! For 7 years we are running happily a DELL desktop computer with Intel Core 2 w/Quad Core, etc., but with Vista. So I read at MS that loading Windows 7 would be not difficult. Elsewhere I read that Windows 7 would last perhaps another 4 years, and then we have to buy a new comput...
by patrick
Mon Feb 01, 2016 8:22 pm
Forum: Investing - Theory, News & General
Topic: Anyone have Fidelity? [Fund availability for trades - any restrictions?]
Replies: 8
Views: 1139

Re: Anyone have Fidelity?

I use Fidelity and it seems they will allow me to make purchases immediately after putting in the bank transfer request. However there seems to be a 25 thousand dollar limit on this until it actually goes through. This takes a few days so if you put in 20 thousand one day you can trade it immediatel...
by patrick
Fri Jan 29, 2016 6:43 pm
Forum: Investing - Theory, News & General
Topic: How safe are Bonds? Is cash a good substitute?
Replies: 18
Views: 1968

Re: How safe are Bonds? Is cash a good substitute?

And Treasury bills are, in fact, a traditional hedge against inflation! They do NOT earn any positive real return to speak of, but it's not negative, either. From 1926-2009 (sorry, I'm too cheap to update my reference book) the average annual return of Treasury bills has been 4.3%, and inflation ha...
by patrick
Fri Jan 29, 2016 6:29 pm
Forum: Investing - Help with Personal Investments
Topic: bond choice: tax-exempt or government?
Replies: 9
Views: 665

Re: bond choice: tax-exempt or government?

If you don't use the bond fund in the 401K, could you use a good stock fund in the 401K instead?
by patrick
Fri Jan 29, 2016 1:37 am
Forum: Investing - Theory, News & General
Topic: leveraged / Inverse equities
Replies: 15
Views: 974

Re: leveraged / Inverse equities

Seriously, read the wiki link. The fact that the issuer represents these funds as suitable only for short-term trading should tell you something. If you buy and hold these funds you will lose . They are not equivalent to borrowing to invest or even investing in a callable margin account. Your "...
by patrick
Fri Jan 29, 2016 12:11 am
Forum: Investing - Help with Personal Investments
Topic: Help with Newbie's asset allocation (Singapore)
Replies: 19
Views: 767

Re: Help with Newbie's asset allocation (Singapore)

In my opinion, I think buying and holding STI ETF may not be a good long term investment strategy. The STI has only 30 stocks. There is insufficient diversification e.g. 3 of the stocks are in DBS, OCBC and UOB so you have significant exposure to the financial sector. FTSE classifies Singapore as d...
by patrick
Fri Jan 29, 2016 12:07 am
Forum: Investing - Help with Personal Investments
Topic: Help with Newbie's asset allocation (Singapore)
Replies: 19
Views: 767

Re: Help with Newbie's asset allocation (Singapore)

DO NOT invest in US-domiciled ETFs, because the estate tax exemption is only $50k? $100k? for non-resident aliens. I doubt it has changed. That means if you have $1 mil, when you die, Uncle Sam will take almost half of your money. Dividends are taxed at 30% for non-resident aliens. That means norma...
by patrick
Thu Jan 28, 2016 11:59 pm
Forum: Investing - Help with Personal Investments
Topic: A Few Small Random Questions
Replies: 9
Views: 717

Re: A Few Small Random Questions

Hello, New to Bogleheads and have been reading the wiki and forums extensively the last month. 1.) I'm trying to find previous forum posts on Bogleheads who have taxable accounts for revolving savings goals like a car, vacation, and down payment (~5-20 Years). I'm not quite sure what I should be se...
by patrick
Thu Jan 28, 2016 11:37 pm
Forum: Investing - Theory, News & General
Topic: leveraged / Inverse equities
Replies: 15
Views: 974

Re: leveraged / Inverse equities

But ... what if ... 1. You have a 401K that matches your contributions 100%, all the way up to $18,000 a year 2. Your 401K has very low cost stock funds 3. But the only bond funds in the 401K have very high costs 4. You can only manage to save $22,000 per year 5. And you don't have a high enough ris...
by patrick
Thu Jan 28, 2016 11:14 pm
Forum: Investing - Help with Personal Investments
Topic: How Are Index Funds Created?
Replies: 9
Views: 847

Re: How Are Index Funds Created?

The index fund manager will try to invest the fund so that the fund's performance will match the index. In the case of S&P 500 funds that normally means investing almost all of the money in the stocks in the index in the same proportion as the index. Thus S&P 500 funds should have virtually ...
by patrick
Thu Jan 28, 2016 11:02 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 2748
Views: 545402

Re: U.S. stocks in freefall

If you think of 16 years as a " very long period of time", Bogle's strategy probably isn't for you. The time- and dollar-weighted investment horizon of a 25 year-old is only about 12 years. http://www.pimco.com/LeftNav/Viewpoints/2007/Glidepath+Executive+Summary-+8-2007.htm It looks like ...
by patrick
Thu Jan 28, 2016 10:53 pm
Forum: Investing - Theory, News & General
Topic: ETF.COM article critical of VWO & EEM
Replies: 25
Views: 1506

Re: ETF.COM article critical of VWO & EEM

It's my personal and perhaps incorrect view that the purpose of an index fund is to exploit the (theoretical) characteristics of the market portfolio--the entire set of all of the securities traded within a market--so I'd have thought that the constituents of an index ought to reflect the market th...
by patrick
Mon Jan 25, 2016 9:04 pm
Forum: Investing - Help with Personal Investments
Topic: Don't understand girlfriend's investment (annuity?)
Replies: 8
Views: 1362

Re: Don't understand girlfriend's investment (annuity?)

Looking at the owner/unit name I would presume these are workplace plans (probably 403(b) plans). These are often placed in annuity products from insurance companies like AXA which tend to have plenty of extra fees. The one in TIAA-CREF might be worth keeping however. They probably can be rolled ove...
by patrick
Mon Jan 25, 2016 8:38 pm
Forum: Investing - Theory, News & General
Topic: What is Your Bond Allocation & Location
Replies: 38
Views: 3846

Re: What is Your Bond Allocation & Location

My bond portfolio is currently allocated as follows (these are percentages of bonds, not the whole portfolio): 46% TIPS in IRA (Vanguard VAIPX fund) 18% I bonds 18% EE bonds 18% cash Keeping most of the money in inflation-indexed instruments makes sense because all of my future spending will for inf...
by patrick
Fri Jan 22, 2016 8:14 pm
Forum: Personal Consumer Issues
Topic: Password Management and Safekeeping
Replies: 72
Views: 5477

Re: Password Management and Safekeeping

At 8 characters, or 11 characters, hash tables are useful things and dictionary words should be avoided. At 30 characters, the number of possible permutations makes it just as computationally expensive to produce the hash tables as it does to check them. In other words, at 30 characters with a numb...
by patrick
Fri Jan 22, 2016 5:44 pm
Forum: Investing - Theory, News & General
Topic: ETF.COM article critical of VWO & EEM
Replies: 25
Views: 1506

Re: ETF.COM article critical of VWO & EEM

If this is a structural flaw, it is a structural flaw in the emerging markets themselves, not in the funds. The fubds are already float adjusdted which means the state owned shares are excludeed when calculating the weightings. Leaving out the N shares makes no sense but still haas a fairly small im...
by patrick
Fri Jan 22, 2016 2:10 am
Forum: Investing - Help with Personal Investments
Topic: Is this article accurate? I sure hope not...
Replies: 34
Views: 3305

Re: Is this article accurate? I sure hope not...

Is this article from Cramer any more accurate? He lists a bunch of things that have to happen in order for the market not to continue to fall. http://www.cnbc.com/2016/01/20/cramer-when-the-market-torture-will-end.html Among other things, he is saying that low oil prices mean the stock market is do...
by patrick
Thu Jan 21, 2016 9:28 pm
Forum: Investing - Theory, News & General
Topic: It sure looks like a good time to invest in oil
Replies: 87
Views: 8697

Re: It sure looks like a good time to invest in oil

If you look at oil futures a few years ahead, you will see that oil for delivery in 2018 is already over 40 dollars a barrel. Apparently the market is currently estimating that oil prices will go up a bit. If you buy those futures and in anticipation that oil will reach 40 a barrel in 2018, that wo...
by patrick
Wed Jan 20, 2016 11:42 pm
Forum: Investing - Theory, News & General
Topic: Is TLH roughly as good as breaking even?
Replies: 19
Views: 1577

Re: Is TLH roughly as good as breaking even?

You can also apply capital losses of up to $3,000 per year against ordinary income (which is taxed at a higher rate than capital gains) and if you have more than $3,000 in losses you can carry it forward to subsequent years. This still won't be as good as if the loss never happened, but it's a large...
by patrick
Wed Jan 20, 2016 9:14 pm
Forum: Investing - Theory, News & General
Topic: Is there such thing as a buying opportunity?
Replies: 31
Views: 2353

Re: Is there such thing as a buying opportunity?

Every trading day is a buying opportunity for the typical mutual fund :) And if you are using ETFs you have buying opportunities throughout the day :)
by patrick
Wed Jan 20, 2016 1:42 am
Forum: Investing - Theory, News & General
Topic: Proposed DOL Fiduciary standards might change this
Replies: 3
Views: 459

Re: Proposed DOL Fiduciary standards might change this

Too bad this only works for deep pockets, not the smaller plans that have the most egregious fees.
by patrick
Tue Jan 19, 2016 6:39 pm
Forum: Personal Consumer Issues
Topic: Encryption of Data
Replies: 34
Views: 2483

Re: Encryption of Data

I started to test drive VeraCrypt this weekend on my laptop. So far, I'm satisfied with it. There are some limitations. At this time, it's impossible to use system drive encryption with a UEFI laptop, which is basically any modern laptop. Instead, I set up a volume where essentially all of my perso...
by patrick
Sun Jan 17, 2016 5:16 am
Forum: Investing - Theory, News & General
Topic: It sure looks like a good time to invest in oil
Replies: 87
Views: 8697

Re: It sure looks like a good time to invest in oil

If you look at oil futures a few years ahead, you will see that oil for delivery in 2018 is already over 40 dollars a barrel. Apparently the market is currently estimating that oil prices will go up a bit. If you buy those futures and in anticipation that oil will reach 40 a barrel in 2018, that won...
by patrick
Sun Jan 17, 2016 5:07 am
Forum: Personal Consumer Issues
Topic: Encryption of Data
Replies: 34
Views: 2483

Re: Encryption of Data

The more I read about computer security and 'social engineering' the scarier it is. Sure, AES 256 is hard to crack. It takes years on consumer computers if it is doing brute force IF you are using mixed case and special chars. Most folks don't so that. It's very common for folks to use '1234' or 'p...
by patrick
Fri Jan 15, 2016 12:10 am
Forum: Investing - Theory, News & General
Topic: China N-shares (Alibaba, Baidu, etc) index inclusion & currency risk
Replies: 1
Views: 190

China N-shares (Alibaba, Baidu, etc) index inclusion & currency risk

We have had some recent discussions about international stocks, emerging markets, and in particular China A-shares beginning to be partially included in the Vanguard emerging markets index fund. But there is another China development that is further along: the inclusion of the so-called N-shares, wh...
by patrick
Thu Jan 14, 2016 9:56 pm
Forum: Investing - Theory, News & General
Topic: Why different equity risk premiums in different countries
Replies: 22
Views: 961

Re: Why different equity risk premiums in different countries

You can try code tags. Europe is not a country, by the way. :P Thanks lack_ey for the code tags help. That looks simple enough. I remember when I first went to Alaska. They had a T-shirt with Alaska (accurately sized) superimposed on mainland USA. Put a perspective on how big our "states"...
by patrick
Sat Jan 09, 2016 9:03 pm
Forum: Investing - Theory, News & General
Topic: Does the market being down limit downside risk?
Replies: 56
Views: 3039

Re: Does the market being down limit downside risk?

I don't want to go on and on about this, but the Great Depression isn't an outlier. It just seems that way because people of my generation know about it because we heard stories from my parents. It's not very different from the Panic of 1907, or the Long Depression of 1873-1894, which was marked by...
by patrick
Fri Jan 08, 2016 1:02 am
Forum: Investing - Help with Personal Investments
Topic: MassMutual Variable Annuity
Replies: 9
Views: 764

Re: MassMutual Variable Annuity

The "Cash surrender value" is normally how much you'd get if you close it, but you might want to check to be sure if that includes the surrender charges that may apply if you get out too early. In spite of the high costs, there are some scenarios in which it might be appropriate to stay in...
by patrick
Thu Jan 07, 2016 9:45 pm
Forum: Personal Consumer Issues
Topic: Rotating a Photo degrades it?
Replies: 35
Views: 2412

Re: Rotating a Photo degrades it?

The Wikipedia article on generation loss actually has an example of how JPEG can indeed have degradation results after rotating. The image turns out quite bad after rotating 900 times!

https://en.wikipedia.org/wiki/Generation_loss
by patrick
Thu Jan 07, 2016 2:05 am
Forum: Investing - Theory, News & General
Topic: VWO: what a terrible performance!!
Replies: 79
Views: 7569

Re: VWO: what a terrible performance!!

I think the main concern is the fact that Vanguard changes indexes on their funds rather frequently, whereas an ETF provider like Blackrock is more likely to simply make a new ETF covering the new index. If you're in a taxable account, with Vanguard, you're kind of stuck with what they give you. Th...
by patrick
Thu Jan 07, 2016 12:47 am
Forum: Investing - Help with Personal Investments
Topic: Unexpected Vanguard Commissions and Fees
Replies: 5
Views: 1045

Re: Unexpected Vanguard Commissions and Fees

It's probably the SEC Section 31 fee, charge on any sale as a (rather small) percentage of the transaction value.
by patrick
Tue Jan 05, 2016 10:48 pm
Forum: Investing - Theory, News & General
Topic: VWO: what a terrible performance!!
Replies: 79
Views: 7569

Re: VWO: what a terrible performance!!

OK, you say "small portion". “The initial weighting of China A Shares in the FTSE Emerging inclusion indexes will be approximately 5%. This is expected to increase to 32% (at 31-March 2015 market values) when China A Shares are fully available to international investors, and hence resulti...
by patrick
Tue Jan 05, 2016 9:25 pm
Forum: Investing - Theory, News & General
Topic: VWO: what a terrible performance!!
Replies: 79
Views: 7569

Re: VWO: what a terrible performance!!

According to Vanguard's site at https://personal.vanguard.com/us/insights/article/fund-announcement-Z-transition-112015, A-shares should now be a very small portion of VWO. Even when the transition period is complete, A-shares will still be a small portion of the fund because the index is adjusted f...
by patrick
Tue Jan 05, 2016 9:11 pm
Forum: Investing - Help with Personal Investments
Topic: Idea on 25 grand money market account
Replies: 4
Views: 476

Re: Idea on 25 grand money market account

Right now, you can get higher yields in savings or checking accounts than in the money market fund (the standard large bank accounts are probably giving even less interest than the money market, but you can find better ones -- see http://www.depositaccounts.com for one possible place to search for t...
by patrick
Tue Jan 05, 2016 8:58 pm
Forum: Personal Consumer Issues
Topic: How often does your credit card # get stolen?
Replies: 57
Views: 2061

Re: How often does your credit card # get stolen?

Only once in the past decade.

The thieves only used it in the US, and only charged about $30 a day, so the credit card company didn't notice anything wrong.
by patrick
Sat Jan 02, 2016 3:16 pm
Forum: Personal Finance (Not Investing)
Topic: Help me (employer) decide if I should continue my 401K program
Replies: 8
Views: 740

Re: Help me (employer) decide if I should continue my 401K program

No conclusion, but consider whether you could set up a lower cost 401K elsewhere.
by patrick
Fri Jan 01, 2016 7:13 pm
Forum: Investing - Help with Personal Investments
Topic: Are Bogleheads Buying I-Bonds 2016?
Replies: 73
Views: 8023

Re: Are Bogleheads Buying I-Bonds 2016?

I don't consider the 6-month return a critical factor in deciding. Keep in mind that you can't redeem at all for one year, and can't redeem without penalty for five years -- the longer term results are essential. Right now the longer term analysis doesn't look very good for I bonds. A few years ago ...
by patrick
Wed Dec 30, 2015 10:57 pm
Forum: Personal Finance (Not Investing)
Topic: Permanent Life Insurance- Northwestern Mutal
Replies: 42
Views: 2445

Re: Permanent Life Insurance- Northwestern Mutal

On the other hand, if you die within the first few years, your return (or more accurately, the beneficiary's return) will be much higher than 5.6% annually.
by patrick
Tue Dec 29, 2015 10:23 pm
Forum: Investing - Help with Personal Investments
Topic: Is a Small Value Tilt Worth 5.8bps?
Replies: 7
Views: 746

Re: Is a Small Value Tilt Worth 5.8bps?

Small value will need to outperform by more than 5.8 basis points in order to be "worth" it. The 5.8 basis points you calculated is as a portion of the *entire* portfolio, so it would need to raise the performance of the *entire* portfolio by 5.8 basis points to make up for the higher cost...
by patrick
Thu Dec 24, 2015 1:16 am
Forum: Investing - Help with Personal Investments
Topic: "Loomis Sayles Bond Fund LSBDX
Replies: 6
Views: 539

Re: LSBDX

The loss in LSBDX is not due to due to a general increase in interest rates. Overall the interest rate increase this year has been quite mild. 10-year Treasuries only increased from 2.17% to 2.27%. Vanguard Total Bond Market Index (VBMFX) actually gained about 0.3% year to date -- the (small) intere...
by patrick
Sat Dec 19, 2015 2:37 am
Forum: Investing - Theory, News & General
Topic: Best fund or ETF for Frontier Markets?
Replies: 9
Views: 859

Re: Best fund or ETF for Frontier Markets?

It's not completely clear which markets are frontier markets. However, both FTSE (used by Vanguard and Schwab international index funds) and MSCI (used by Fidelity and iShares international index funds) classify Malaysia as emerging. The FRN ETF used have a large portion of its assets invested in co...
by patrick
Thu Dec 17, 2015 6:59 pm
Forum: Personal Consumer Issues
Topic: Argentine peso is down 30% today ...
Replies: 24
Views: 2245

Re: Argentine peso is down 30% today ...

But do US investors in Argentine stock pay the de facto exchange rate or the official exchange rate? It doesn't look as if the price of ARGT, the Global X MSCI Argentina ETF, did anything very dramatic, and yet I don't see anything in the factsheet or prospectus that says anything about currency he...
by patrick
Fri Dec 04, 2015 10:56 pm
Forum: Investing - Theory, News & General
Topic: Bond vs Bond Fund (I'm not grasping)
Replies: 21
Views: 1602

Re: Bond vs Bond Fund (I'm not grasping)

The main thing you are missing is that a scenario with no reinvestments and every bond held to maturity is not realistic for investors. If you could predict the amount and timing of all of your spending, then you could build a bond portfolio to match it exactly, and you'd have no interest rate risk....
by patrick
Fri Dec 04, 2015 2:13 am
Forum: Personal Finance (Not Investing)
Topic: shutting down S corporation
Replies: 4
Views: 557

shutting down S corporation

I am ready to shut down an S corporation and looking for some advice on the procedures. My situation is probably one of the simpler ones as I'm the only shareholder and the only employee and the corporation has sufficient assets to pay all its debts. Could someone point to a complete but concise gui...
by patrick
Tue Nov 17, 2015 10:18 pm
Forum: Personal Finance (Not Investing)
Topic: Where are the new chip credit cards?
Replies: 24
Views: 2340

Re: Where are the new chip credit cards?

My Citi card had a chip when I first got it (around April this year) and Capital One just replaced mine with a chip card a couple weeks ago.
by patrick
Wed Nov 11, 2015 8:38 pm
Forum: Personal Consumer Issues
Topic: Is it risky to use XP if I do not want to buy a new computer?
Replies: 39
Views: 2127

Re: Is it risky to use XP if I do not want to buy a new computer?

Everything you do has some risk. However, attacking the OS itself is old hat. The cool thing for hackers to is either just tricking you into running their software, or exploiting applications like your web browser or web browser plugins, neither of which really depends on your OS version. If you are...

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