Search found 9926 matches

by pkcrafter
Fri May 27, 2016 7:35 pm
Forum: Investing - Theory, News & General
Topic: New Book: Living off Your Money (Michael McClung)
Replies: 42
Views: 4439

Re: New Book: Living off Your Money (Michael McClung)

The author of the book, Michael McClung, posted earlier in this thread, but that post is now gone. What happened?

LadyGeek?

Paul
by pkcrafter
Fri May 27, 2016 10:10 am
Forum: Investing - Help with Personal Investments
Topic: My first year - Way forward
Replies: 7
Views: 825

Re: My first year - Way forward

Many thanks for the replies. I guess I just need to stay on the course, I just me adding some bonds either now or later during the year. As far as currency fluctuations are concerned they do not affect my results. I trade in US dollars and do not perform any currency conversions. Thanks! Given that...
by pkcrafter
Fri May 27, 2016 9:20 am
Forum: Investing - Help with Personal Investments
Topic: Saved $200,000, Ready To Invest Now. I Need Help.
Replies: 9
Views: 1441

Re: Saved $200,000, Ready To Invest Now. I Need Help.

Seneca wrote: I'm 'old school' meaning that I'm a big believer in saving and keeping money in the bank mostly but I'm aware now that it'll be eaten up by the inflation so I'm more willing to invest more, specifically following the Bogleheads style of investing. If you prefer savings to the risk of i...
by pkcrafter
Tue May 24, 2016 8:32 pm
Forum: Investing - Theory, News & General
Topic: Patience makes perfect
Replies: 7
Views: 1166

Re: Patience makes perfect

Thanks Robert. It's really interesting to realize there are only a hand full of fund companies that stick to a chosen strategy even when their strategy is out of favor. Dodge and Cox, TRPrice, Vanguard, and First Eagle come to mind. It's also interesting that all have funds with multiple managers, w...
by pkcrafter
Sat May 21, 2016 3:26 pm
Forum: Investing - Help with Personal Investments
Topic: DODIX [Dodge & Cox Income]
Replies: 52
Views: 1732

Re: DODIX [Dodge & Cox Income]

Shakenbake, here are a few facts that you should be aware of-- 1. One of your funds is a large cap international fund and international has been down for some time now, which means every single investor on this forum who holds international has taken a loss. Edit: Actually I should not say all inves...
by pkcrafter
Sat May 21, 2016 1:42 pm
Forum: Investing - Help with Personal Investments
Topic: DODIX [Dodge & Cox Income]
Replies: 52
Views: 1732

Re: DODIX

To those who mentioned it, OK, BBB is technically not a junk bond, but it's the lowest rating of investment grade. DODIX does contain 37% BBB corporate bonds and is not a good choice for the OP, at least not at this time. There is no "technically or non-technically" modifier in investment...
by pkcrafter
Sat May 21, 2016 1:37 pm
Forum: Investing - Help with Personal Investments
Topic: How do I invest in artificial intelligence?
Replies: 59
Views: 3471

Re: How do I invest in artificial intelligence?

How do I invest in artificial intelligence?

There are a lot of market pseudo gurus that you might choose from.

Paul
by pkcrafter
Sat May 21, 2016 12:14 pm
Forum: Investing - Help with Personal Investments
Topic: Can not access my vanguard account!
Replies: 11
Views: 790

Re: Can not access my vanguard account!

Call Monday and double check just to be sure.

Paul
by pkcrafter
Sat May 21, 2016 11:53 am
Forum: Investing - Help with Personal Investments
Topic: DODIX [Dodge & Cox Income]
Replies: 52
Views: 1732

Re: DODIX

To those who mentioned it, OK, BBB is technically not a junk bond, but it's the lowest rating of investment grade. DODIX does contain 37% BBB corporate bonds and is not a good choice for the OP, at least not at this time. Shakenbake, we are trying to help, but your idea of maybe getting back in to a...
by pkcrafter
Sat May 21, 2016 9:02 am
Forum: Investing - Help with Personal Investments
Topic: DODIX [Dodge & Cox Income]
Replies: 52
Views: 1732

Re: DODIX

shakenbake, I'm going to agree with you, DODIX is not an appropriate bond fund for you. It contains about 45% high quality bonds and also contains about 40% junk bonds, and the overall rating is BBB. The junk bonds are going to increase volatility and that isn't good for a new risk averse investor. ...
by pkcrafter
Fri May 20, 2016 8:47 pm
Forum: Investing - Help with Personal Investments
Topic: Rollover - silly concern
Replies: 27
Views: 1699

Re: Rollover - silly concern

I agree with chx. Consider opening a Fidelity IRA and transferring there. If you want to just have one IRA, then call Vanguard and they will get you the paper work and initiate a direct trustee to trustee transfer.

Paul
by pkcrafter
Fri May 20, 2016 8:29 pm
Forum: Investing - Theory, News & General
Topic: High Cost Brokerages Get into the Smart Game
Replies: 1
Views: 457

High Cost Brokerages Get into the Smart Game

Several high cost brokers are getting smart--they are offering smart-beta index ETFs, some apparently at a reasonable cost. What? They don't like losing business? Are the reasonable cost offerings just part of the spider web? Franklin Templeton Investments unveiled how much money it will charge inve...
by pkcrafter
Fri May 20, 2016 7:59 am
Forum: Investing - Theory, News & General
Topic: safe alternative to stock market
Replies: 61
Views: 5689

Re: safe alternative to stock market

Think about your options, and in the mean time reduce equity to 40%.
by pkcrafter
Thu May 19, 2016 10:36 pm
Forum: Personal Consumer Issues
Topic: Is living in the Bay Area this difficult?
Replies: 49
Views: 7382

Re: Is living in the Bay Area this difficult?

Home prices in some areas are insane. If you buy a house in this bay area market now (peak), you are likely to never get close to getting your money out in 5-8 years. In desirable areas, home buyers are getting in bidding wars and homes are selling above the asking price.

Paul
by pkcrafter
Wed May 18, 2016 8:41 pm
Forum: Investing - Help with Personal Investments
Topic: Advise Needeed on Retirement Accounts Allocation
Replies: 5
Views: 421

Re: Advise Needeed on Retirement Accounts Allocation

Lana, you are 98% stock, which generates more questions about the amount of assets you have, when you plan to retire, and your financial ability and willingness to sustain losses.

Paul
by pkcrafter
Wed May 18, 2016 7:05 pm
Forum: Investing - Theory, News & General
Topic: If you keep exchanging your funds around in your AA, will you pay more in fees?
Replies: 8
Views: 677

Re: If you keep exchanging your funds around in your AA, will you pay more in fees?

Guy A is in the 3 fund portfolio, but changes the percentages around 8 times a year

Why would someone do that?

Yes, it will probably increase costs because most companies have transaction fees or limits on activity, and frequent trading will also probably reduce performance.

Paul
by pkcrafter
Wed May 18, 2016 4:33 pm
Forum: Investing - Help with Personal Investments
Topic: Decisions - Leave Fidelity Advisory Services for another...
Replies: 27
Views: 1829

Re: Decisions - Leave Fidelity Advisory Services for another...

I think the Roth has been explained, but here's info from the Wiki To make a backdoor contribution, first make a regular contribution to a Traditional IRA with your IRA custodian. You do not specify to the custodian whether the IRA is deductible or not; it is just treated as an IRA. As soon as the c...
by pkcrafter
Wed May 18, 2016 4:03 pm
Forum: Investing - Help with Personal Investments
Topic: My friend wants to invest money; please review my advice for her
Replies: 44
Views: 3169

Re: My friend wants to invest money; please review my advice for her

She wants to invest for general savings. This does not provide a good picture of what her goals are. It doesn't sound like she is trying to save for retirement. Ask what she has in mind. She's pretty unmotivated to learn about managing her finances, reasoning that she can just have someone who know...
by pkcrafter
Tue May 17, 2016 6:34 pm
Forum: Investing - Help with Personal Investments
Topic: Rollover or stay put for now
Replies: 2
Views: 289

Re: Rollover or stay put for now

If your current employer has some good low cost options you can use next June, I would suggest you wait and maybe you can roll both current accounts into it. Check with your new employer to find out if they will accept rollovers/transfers. That would solve the Roth problem.

Paul
by pkcrafter
Tue May 17, 2016 10:30 am
Forum: Investing - Help with Personal Investments
Topic: My silly math skills
Replies: 25
Views: 1887

Re: My silly math skills

Yes, when I started reading your last post the ol' munchkin man came to mind. I don't know what the compound annual growth rate for the L fund has been for the past 9.5 years, but it's been around 3.95% for the past 10 years, even though the market has not produced very exciting returns over the pas...
by pkcrafter
Mon May 16, 2016 6:29 pm
Forum: Investing - Help with Personal Investments
Topic: Which Funds? For 457B Plan
Replies: 16
Views: 863

Re: Which Funds? For 457D Plan

I participate in my company sponsored 457D plan. I will be maxing it out with $17.5K per year. Do you mean 457B? Max contribution is 18k. Just started contributing 2 months ago. $2k currently in the account invested in American Funds 2050 Trgt Date Retire R6. I should probably not be in this fund a...
by pkcrafter
Mon May 16, 2016 5:21 pm
Forum: Investing - Help with Personal Investments
Topic: Creative Planning Inc?
Replies: 41
Views: 12047

Re: Creative Planning Inc?

This thread very helpful in getting me to say NO to advisors charging 1% of net assets. Thus I'm researching leaner options. I am on the brink of leaving ordinary brokerage of many years, for all the obvious reasons. However, mutual funds have built up in taxable accounts so I will need to proceed ...
by pkcrafter
Sun May 15, 2016 10:53 pm
Forum: Investing - Theory, News & General
Topic: a wealth of papers on what goes wrong w esoteric investments
Replies: 6
Views: 1058

Re: a wealth of papers on what goes wrong w esoteric investments

Let's not forget the crowdingfunding equity offerings that are going to dumped on the public this Monday. Among them so-called eREITs, "opportunities" to buy into real estate projects. These are kissing cousins of non-traded REITs. It's not as though the Enforcement Division doesn't have ...
by pkcrafter
Sun May 15, 2016 10:39 am
Forum: Investing - Theory, News & General
Topic: a wealth of papers on what goes wrong w esoteric investments
Replies: 6
Views: 1058

Re: a wealth of papers on what goes wrong w esoteric investments

Let's not forget the crowdingfunding equity offerings that are going to dumped on the public this Monday. Among them so-called eREITs, "opportunities" to buy into real estate projects. These are kissing cousins of non-traded REITs. It's not as though the Enforcement Division doesn't have ...
by pkcrafter
Sun May 15, 2016 9:18 am
Forum: Investing - Theory, News & General
Topic: "Vectors"
Replies: 4
Views: 510

Re: "Vectors"

Thanks Taylor, good reminder and terrible treatment from MS. The quote from Buffett is also good--

There’s been far, far, far more money made by people in Wall Street through salesmanship abilities than through investment abilities.


Paul
by pkcrafter
Sat May 14, 2016 8:35 pm
Forum: Investing - Help with Personal Investments
Topic: Decisions - Leave Fidelity Advisory Services for another...
Replies: 27
Views: 1829

Re: Decisions - Leave Fidelity Advisory Services for another...

Costerdock, you didn't react to the rollover time frame--60 days, not 90. Fund expense ratios and other internal costs are actually extracted on a daily basis. If you had been using Vanguard or Fidelity low cost offerings, you would have paid perhaps $1000 instead of $10000. Costs are the major loss...
by pkcrafter
Sat May 14, 2016 7:56 pm
Forum: Investing - Help with Personal Investments
Topic: Decisions - Leave Fidelity Advisory Services for another...
Replies: 27
Views: 1829

Re: Decisions - Leave PAS for another...

Welcome Costerdock, You will learn the fundamentals in much less than 6 months. Costs are important and here's some information. We have paid most of the fees (vs having taken out of IRA) - I think 10K in fees. It's good that you paid the fees separately, but your fees are very high. PAS charges a g...
by pkcrafter
Sat May 14, 2016 4:13 pm
Forum: Investing - Help with Personal Investments
Topic: helping a couple near retirement catch up
Replies: 18
Views: 1848

Re: helping a couple near retirement catch up

Thanks Dave, that make sense. I may have missed this if it was already posted, but how much annual income do they think they'll need to live comfortably when she retires in 8 years. This may not be as bad as it first sounded since they will have ~57k without any investment withdrawals. Next, how muc...
by pkcrafter
Sat May 14, 2016 1:55 pm
Forum: Investing - Help with Personal Investments
Topic: Asset Allocation Question (Just starting out)
Replies: 9
Views: 573

Re: Asset Allocation Question (Just starting out)

I suggest reading my blog on Forbes: The Flight Path Approach to Age-Based Asset Allocation This approach starts out slow with equities and builds over time. The idea is to get you comfortable with taking more risk by living through a few downturns while you're in a lower allocation. Rick Ferri Thi...
by pkcrafter
Sat May 14, 2016 11:38 am
Forum: Investing - Help with Personal Investments
Topic: helping a couple near retirement catch up
Replies: 18
Views: 1848

Re: helping a couple near retirement catch up

I have to ask, why aren't they posting here? Not doing so may suggest they really aren't committed to learning or saving.

Well, do the best you can trying to help.

Paul
by pkcrafter
Sat May 14, 2016 10:56 am
Forum: Investing - Help with Personal Investments
Topic: Where to find ratings for all companies globally?
Replies: 21
Views: 2158

Re: Where to find ratings for all companies globally?

misterno wrote: http://www.simplysafedividends.com/divi ... istocrats/ This is the reason I was focused on dividend yielding stocks. I was not ignoring Total Return I was just inquiring about dividend stocks I'm not sure, but it sounds like you are mixing bond information (ratings) with stocks. You ...
by pkcrafter
Fri May 13, 2016 8:22 am
Forum: Investing - Help with Personal Investments
Topic: Intra-Family Mortgage INSTEAD of Investing
Replies: 27
Views: 1929

Re: Intra-Family Mortgage INSTEAD of Investing

This is a nice gesture for your mom to think of, but she should not get herself into a 10% mortgage. The idea she will get a bigger deduction isn't what she should be thinking about. Furthermore, it's not a good idea to get into money matters with relatives, and in fact, mom should be looking for a ...
by pkcrafter
Thu May 12, 2016 7:17 pm
Forum: Personal Finance (Not Investing)
Topic: Evicting a tenant-Hire lawyer?
Replies: 50
Views: 4430

Re: Evicting a tenant-Hire lawyer?

Hired a lawyer yesterday who I've used to close on several properties. He believes he will have the tenant out in less than 30 days. While I am ecstatic he is handling the issue for me, I will be paying nearly $1k. We're planning on suing her for the rent and all fees she incurred. Does anyone know...
by pkcrafter
Thu May 12, 2016 6:33 pm
Forum: Personal Finance (Not Investing)
Topic: Is investing only about sound, monetary decisions?
Replies: 16
Views: 1613

Re: Is investing only about sound, monetary decisions?

Tim wrote: Do others ultimately view the whole goal of investing to be financial security, or is it ultimately only one of many subsets pertinent to leading a balanced life? It's just one subset, but you are showing an awareness of psychological aspects which have to be integrated into investing dec...
by pkcrafter
Thu May 12, 2016 3:11 pm
Forum: Investing - Theory, News & General
Topic: S&P 500 Total Return
Replies: 9
Views: 2699

Re: S&P 500 Total Return

Hmm, I don't know why there is a difference. dk, Damodaran does not show a 15 year return. For 10 years, he shows 7.25% and Vanguard shows 6.91%. One possibility is different starting and ending dates. Lack_ey: I wonder if somehow the endpoints were taken differently, certain things assumed about di...
by pkcrafter
Wed May 11, 2016 11:48 pm
Forum: Investing - Theory, News & General
Topic: S&P 500 Total Return
Replies: 9
Views: 2699

Re: S&P 500 Total Return

Not sure what you're looking for, but here's annual returns. I guessing that's too easy. :happy

http://pages.stern.nyu.edu/~adamodar/Ne ... retSP.html

Paul
by pkcrafter
Wed May 11, 2016 4:18 pm
Forum: Investing - Theory, News & General
Topic: NY Times article on the "tip of the iceberg" that is Puerto Rico
Replies: 76
Views: 11163

Re: NY Times article on the "tip of the iceberg" that is Puerto Rico

Paul Here is what often happens. And it is what generates momentum. Those who are "open minded" receive new information and then act on it. Open minded? I would not call that kind of judgement open minded, seems more the opposite. Maybe heard following generates momentum. And people who a...
by pkcrafter
Wed May 11, 2016 3:57 pm
Forum: Investing - Theory, News & General
Topic: NY Times article on the "tip of the iceberg" that is Puerto Rico
Replies: 76
Views: 11163

Re: NY Times article on the "tip of the iceberg" that is Puerto Rico

Re TBM, sure TBM didn't crash because much of it is Treasury and Government backed credit (like with MBS). But it also didn't provide the hedge that safer bonds did. For example, while Vanguard TBM fund was up 5% 5-year Treasuries were up 13.1 and Intermediate Treasury index was up 11.4. Those are ...
by pkcrafter
Wed May 11, 2016 3:48 pm
Forum: Investing - Theory, News & General
Topic: NY Times article on the "tip of the iceberg" that is Puerto Rico
Replies: 76
Views: 11163

Re: NY Times article on the "tip of the iceberg" that is Puerto Rico

Well, you want to know what drives markets, it's news like this. The news is alarming and it's credible . A sure-fire combination. It pushes the issue close to the edge of the slope and investors take it from there. It sounds true and some investors will react. Then other investors who were worried ...
by pkcrafter
Wed May 11, 2016 11:36 am
Forum: Investing - Theory, News & General
Topic: "The Value of Active Management" - a thoughtful analysis
Replies: 14
Views: 2766

Re: "The Value of Active Management" - a thoughtful analysis

Thanks, this is an excellent article. A few comments below. http://www.philosophicaleconomics.com/2016/05/indexville/ Summary: Putting Everything Together The points that I’ve tried to express in this piece are complex and difficult to clearly convey. So I’m going to summarize them in bullet points...
by pkcrafter
Tue May 10, 2016 7:14 pm
Forum: Investing - Help with Personal Investments
Topic: Looking into Online Lending
Replies: 3
Views: 436

Re: Looking into Online Lending

From your earlier post you seemed to want riskless investments. These things carry risks.

Paul
by pkcrafter
Tue May 10, 2016 11:15 am
Forum: Investing - Theory, News & General
Topic: Don't stay the course
Replies: 118
Views: 16392

Re: Don't stay the course

I think it's better to say even though you have some money in risky assets, your goal and lifestyle are not at risk. You've got ability.

Paul
by pkcrafter
Tue May 10, 2016 10:15 am
Forum: Investing - Help with Personal Investments
Topic: Small investor looking for advice
Replies: 10
Views: 1122

Re: Small investor looking for advice

I'm a novice. I'm 65, retired. My pensions keep me going but I have about 80k in savings I'd like to put into something safe that would give me a little extra income every month or so. I've realized CDs are a waste of time so I'm thinking treasuries, but don't know how to go about buying them eithe...
by pkcrafter
Mon May 09, 2016 6:18 pm
Forum: Investing - Help with Personal Investments
Topic: Capturing the Small Cap Premium
Replies: 52
Views: 5309

Re: Capturing the Small Cap Premium

. there can be very long periods of underperformance of smaller cap stocks. When I look at the French-Fama SMB data, the longest period of underperformance is 7 years (1951-1957). 1950 and 1958 SMB is positive. Is 7 years really considered a 'very long period'? Are you going to, or can you, hold fo...
by pkcrafter
Mon May 09, 2016 5:54 pm
Forum: Investing - Theory, News & General
Topic: Aspiration - Investment Firm where you choose your fee
Replies: 6
Views: 1261

Re: Aspiration - Investment Firm where you choose your fee

I just came across an article on Aspiration today so I looked at their website. Something seems amiss. Their Redwood fund, for example, has an expense of 0.5% which covers third-party fees. https://funds.aspiration.com/redwood/ where they have this caveat: >>> Aspiration has what is called an "...
by pkcrafter
Mon May 09, 2016 5:04 pm
Forum: Investing - Help with Personal Investments
Topic: Plan to break up with advisor, but feeling nervous
Replies: 30
Views: 2894

Re: Plan to break up with advisor, but feeling nervous

If you do them separately, waiting until the first one clears before starting the second, there should be no problem.

Paul
by pkcrafter
Mon May 09, 2016 11:39 am
Forum: Investing - Help with Personal Investments
Topic: Capturing the Small Cap Premium
Replies: 52
Views: 5309

Re: Capturing the Small Cap Premium

You don't sound too convinced that trying to capture the SC premium is a good idea. You need conviction to have a chance at succeeding with a tilted portfolio, so I'd re-evaluate why you went down this road in the first place. +1 Yes, you need conviction and great patience. The small premium does n...
by pkcrafter
Mon May 09, 2016 11:31 am
Forum: Investing - Help with Personal Investments
Topic: New senior investor [Selecting funds for IRA]
Replies: 15
Views: 1156

Re: New senior investor [Selecting funds for IRA]

Rick:
international indexes generally reduces the total return.

I was afraid that was going to be your answer.

Paul
by pkcrafter
Mon May 09, 2016 11:22 am
Forum: Investing - Theory, News & General
Topic: New WSJ article - Burton Malkiel still a "Smart-Beta" skeptic
Replies: 11
Views: 885

Re: New WSJ article - Burton Malkiel still a "Smart-Beta" skeptic

Smart Beta - he's right Substituting high dividend equity funds for bonds - no, no, no. A few of the best dividend funds fell 25-30% in 2008. Does that provide the same protection as bonds? You would be better off with VG high yield bonds, which fell 21% in 2008. The White Coat Investor sums this up...

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