Search found 1500 matches

by stevewolfe
Wed Sep 21, 2016 9:19 pm
Forum: Personal Consumer Issues
Topic: My "Corolla Investment" has ended...410,000 [miles]
Replies: 54
Views: 5730

Re: My "Corolla Investment" has ended...410,000 [miles]

Nothing wrong with spending on a vehicle you enjoy driving. When I think of a car I want the same qualities as I look for in a refrigerator or other appliance... it just works, is efficient and I use it without thinking much about it to the point of taking it for granted to some degree. :beer
by stevewolfe
Wed Sep 21, 2016 6:56 pm
Forum: Personal Consumer Issues
Topic: My "Corolla Investment" has ended...410,000 [miles]
Replies: 54
Views: 5730

Re: My "Corolla Investment" has ended...410,000

Congrats! I've had a Geo Prizm with 149,000 that I unfortunately totalled, a 1997 Corolla that I sold with 239,000 and a 2009 Corolla I bought new and has 144,500 miles and counting. Great vehicles.
by stevewolfe
Sun Sep 04, 2016 5:12 pm
Forum: Investing - Theory, News & General
Topic: TIPS - Did you give up?
Replies: 391
Views: 43447

Re: TIPS - Did you give up?

Yes, but that's an individual TIP. Your question I replied to was about a TIPS fund vs international bond fund.
by stevewolfe
Sun Sep 04, 2016 3:27 pm
Forum: Investing - Theory, News & General
Topic: TIPS - Did you give up?
Replies: 391
Views: 43447

Re: TIPS - Did you give up?

Problem is there is "income risk" as Jack Bogle has said. That is when no check appears in the mailbox of the retiree (i.e. no cash flows from dividends), it is difficult to pay the bills! I'm not seeing the income risk - in order to maintain purchasing power, the inflation adjustment mus...
by stevewolfe
Sat Sep 03, 2016 2:49 pm
Forum: Investing - Theory, News & General
Topic: TIPS - Did you give up?
Replies: 391
Views: 43447

Re: TIPS - Did you give up?

abuss368 wrote:I am curious if investors had to go with two bond funds, and assuming Total Bond was one of them, would the TIPS fund or Total International Bond fund be the second choice?


TIPS for me.
by stevewolfe
Tue Jul 19, 2016 8:57 pm
Forum: Investing - Help with Personal Investments
Topic: Would you buy brokered CD's in a 401k brokerage?
Replies: 8
Views: 450

Re: Would you buy brokered CD's in a 401k brokerage?

Not worth the hassle to me for brokered cds. Working in medicine I imagine you have enough to take up your time. Just stuck to bond funds or consider a IRA CD - there are a couple of good deals still out there. I'm not seeing how a brokered CD is a hassle but an IRA CD is not - and I own both. A la...
by stevewolfe
Wed Jul 13, 2016 8:52 pm
Forum: Investing - Theory, News & General
Topic: What if the fed never raises rates?
Replies: 23
Views: 3303

Re: What if the fed never raises rates?

Silence Dogood wrote:Didn't the Fed raise rates in December?


The voice of reason breaks through... :beer
by stevewolfe
Mon Jul 04, 2016 7:32 pm
Forum: Personal Consumer Issues
Topic: Sentra or Corolla?
Replies: 40
Views: 3124

Re: Sentra or Corolla?

My vote would be Corolla. My first was a 97 that I bought in 98 with 5,400 miles. I sold it in 2008 with 239,000 miles. Only repair besides routine maintenance was replacement of drivers side seat belt. I currently have an 2009 Corolla (purchased new when I sold the 1997) with 140,000 miles on it. L...
by stevewolfe
Thu Jun 30, 2016 7:00 pm
Forum: Local Chapters and Bogleheads Community
Topic: Abuss368 has 10,000 posts!!
Replies: 29
Views: 1921

Re: 10,000 posts!!

Congrats! I think 9,880 of them were about TIPS! *kidding* :beer
by stevewolfe
Sun Jun 26, 2016 10:55 am
Forum: Investing - Theory, News & General
Topic: Intermediate Term CD Strategy After Brexit
Replies: 8
Views: 1256

Re: Intermediate Term CD Strategy After Brexit

It appears that world economy would be in turmoil for the next '5' years due to the huge 'disruption' caused by BREXIT. Economy or markets? Fed would be forced to keep interest rates low for the a number of years. My crystal ball is cloudy. For a retiree in early 70's, it seems locking up (now) say...
by stevewolfe
Sun Jun 26, 2016 7:12 am
Forum: Forum Issues and Administration
Topic: BH [Bogleheads.org forum] is back!
Replies: 51
Views: 5400

Re: BH is back!

Thanks to the folks who spent their Saturday night in whole or in part to resolve any issues impacting the site availability. Everyone should keep in the front of their mind these folks are volunteers! Thanks again
by stevewolfe
Sat Jun 25, 2016 1:07 pm
Forum: Investing - Theory, News & General
Topic: What did you learn from the post-Brexit bloodbath?
Replies: 145
Views: 11889

Re: What did you learn from the post-Brexit bloodbath?

Tycoon wrote:I learned that it wasn't a bloodbath.


This. Diversification for the win.
by stevewolfe
Sat Jun 25, 2016 6:19 am
Forum: Investing - Theory, News & General
Topic: Active management in a low-return environment
Replies: 6
Views: 700

Re: Active management in a low-return environment

Yes, I was fortunate that when I was ready to start investing that two family members I spoke with sent me to Vanguard and T. Rowe Price. I spent about 6 months researching and settled with a few funds from T. Rowe Price through their automatic asset builder program. Later, via some rollovers, etc. ...
by stevewolfe
Fri Jun 24, 2016 7:50 pm
Forum: Investing - Theory, News & General
Topic: Active management in a low-return environment
Replies: 6
Views: 700

Re: Active management in a low-return environment

In general I agree costs matter. However I've been invested in T. Rowe Price Capital Appreciation (PRWCX) for 16+ years and continue to be happy with the decision along with our indexed investments. Vanguard has many low cost active funds - many folks here invest in, and are happy with, these funds....
by stevewolfe
Tue Jun 07, 2016 8:12 pm
Forum: Personal Consumer Issues
Topic: Recommendations for Dallas BBQ/TexMex Restaurants
Replies: 51
Views: 2719

Re: Recommendations for Dallas BBQ/TexMex Restaurants

When in Dallas for a Cowboys game we enjoy the following places: Riscky's and Cattleman's in the Fort Worth stock yard area; Babes Chicken (smoked is my choice) in Burleson (they have a few other locations like Arlington). Yes, despite being a chain, we do like Rudy's and usually go there once each ...
by stevewolfe
Mon Jun 06, 2016 8:38 pm
Forum: Personal Finance (Not Investing)
Topic: new course "The Global Financial Crisis" at coursera.org
Replies: 6
Views: 832

Re: new course "The Global Financial Crisis" at coursera.org

This looks very interesting, thanks for sharing!
by stevewolfe
Sat Jun 04, 2016 10:45 am
Forum: Investing - Help with Personal Investments
Topic: Asset Allocation Advice - Challenge CFP Recommended Allocation?
Replies: 19
Views: 1430

Re: Asset Allocation Advice - Challenge CFP Recommended Allocation?

I don't think one will benefit very much from the suggested portfolio over the 3-fund portfolio unless one judiciously and opportunistically rebalances at appropriate times. Usually such rebalancing is too much for most people to consider. I think this nails it and wish this was presented more ofte...
by stevewolfe
Fri Jun 03, 2016 9:10 am
Forum: Personal Consumer Issues
Topic: Your Thoughts on Car Buying Services
Replies: 28
Views: 2296

Re: Your Thoughts on Car Buying Services

We recently used True Car via PenFed. The price we were quoted was on the screen when I called the dealership I wanted to buy from. I told the salesman what I wanted, he had it in stock. I told him to call me back with his best price, that I had purchased there before, we were looking at competing m...
by stevewolfe
Thu Jun 02, 2016 6:41 am
Forum: Investing - Help with Personal Investments
Topic: When do YOU rebalance?
Replies: 65
Views: 4533

Re: When do YOU rebalance?

I have laid out these details in my IPS. In the scenario described, we would direct all new investments to stocks until we achieved our target stock allocation. This may take a considerable amount of time despite new monies going into stocks in tax deferred and taxable accounts. However, we don't lu...
by stevewolfe
Sun May 15, 2016 3:32 pm
Forum: Investing - Theory, News & General
Topic: Does T.R. Price add value for its investors
Replies: 43
Views: 5598

Re: Does T.R. Price add value for its investors

I started investing with TRP. They were one of the few fund families to have low/no minimums if you started investing via ACH monthly. Invested $50 per month in various funds for years. This is how we got started with them as well, initially with Capital Appreciation, Value and Mid-cap Growth funds...
by stevewolfe
Thu May 05, 2016 5:33 pm
Forum: Investing - Theory, News & General
Topic: Does T.R. Price add value for its investors
Replies: 43
Views: 5598

Re: Does T.R. Price add value for its investors

Couldn't help noticing that Larry didn't examine the performance of TRP capital appreciation which might be the most often owned TRP fund of people who visit this site. I assume the problem is that it is not comparable to any index fund or even a 60-40 mix which might be a reasonable comparison) Ag...
by stevewolfe
Tue May 03, 2016 6:35 pm
Forum: Investing - Theory, News & General
Topic: I Bond rates for May 1 announced
Replies: 65
Views: 10643

Re: I Bond rates for May 1 announced

Why is the Treasury keeping the fixed rate so low? It seems if they want people to save money in these bonds, they would make the return more attractive. Who wants to buy I bonds at these rates? Doesn't the treasury want to sell these? I will keep track of savings bonds sales this year and see if t...
by stevewolfe
Wed Apr 27, 2016 7:51 pm
Forum: Investing - Help with Personal Investments
Topic: if you HAD to pick 2 actively managed funds???
Replies: 45
Views: 3666

Re: if you HAD to pick 2 actively managed funds???

I have invested in T. Rowe Price Capital Appreciation (PRWCX) for 16 years. On the international side I'd add Vanguard International Value (VTRIX).
by stevewolfe
Sun Apr 24, 2016 9:29 am
Forum: Investing - Theory, News & General
Topic: Is Vanguard's "Active" TIPS fund necessary?
Replies: 24
Views: 1242

Re: Is Vanguard's "Active" TIPS fund necessary?

Consider the math here: $2,000,000 investment portfolio. Retired and 70% allocated to bonds (i.e. $1,400,000). Of the 70%, 30% is sub-allocated to TIPS (i.e. $420,000). Assume $14 a share or $30,000 shares. Assume 9 cents a share in dividends (all in including inflations adjustment) for the year or...
by stevewolfe
Sat Apr 16, 2016 2:11 pm
Forum: Investing - Help with Personal Investments
Topic: I Bonds before end of the month?
Replies: 20
Views: 4140

Re: Thanks #Cruncher

Thank you for all your time and effort that you so graciously give to explain the inner workings of I Bonds and TIPs. Your explanations are always welcomed even when I fail to grasp all the subtleties. I really appreciate your postings. MKT Agreed - a real treasure of information for this forum, mu...
by stevewolfe
Sat Apr 16, 2016 7:02 am
Forum: Personal Consumer Issues
Topic: Sport players Cards (Football, Baseball, Basketball), anyone collect?
Replies: 52
Views: 4222

Re: Sport players Cards (Football, Baseball, Basketball), anyone collect?

ClevrChico wrote:Anything 1980's and newer is pretty much worthless.


Most, not all. There are a number of cards that sell for good money, particularly when graded high (like a PSA 10). But the grading business has really hurt the value of raw cards.
by stevewolfe
Fri Apr 15, 2016 5:13 pm
Forum: Investing - Help with Personal Investments
Topic: I Bonds before end of the month?
Replies: 20
Views: 4140

Re: I Bonds before end of the month?

Wow, semi-annual inflation = 0.08% This low rate, combined with the fact that some of my bonds are currently in a 0% 6-month period, definitely make me reconsider the value of these newer I-bonds. If not for the tax deferral benefits, and the 'insurance' against future high inflation, I'd punt on t...
by stevewolfe
Thu Apr 14, 2016 9:31 pm
Forum: Investing - Theory, News & General
Topic: BEST Portfolio Tracker
Replies: 33
Views: 3004

Re: BEST Portfolio Tracker

I use the GoogleFinance function of GoogleSheets to import data from Morningstar. The only thing I haven't gotten it to import is the style boxes. This is exactly what we do as well. I didn't bother doing anything about the style boxes, instead just made an allocation pie chart. Good enough for me ...
by stevewolfe
Wed Apr 13, 2016 9:04 pm
Forum: Personal Consumer Issues
Topic: Sport players Cards (Football, Baseball, Basketball), anyone collect?
Replies: 52
Views: 4222

Re: Sport players Cards (Football, Baseball, Basketball), anyone collect?

@stevewolfe, what would you grade the first Bob Lilly example? Based on PSA's scale - without seeing the back - I'd think it's a 3, possibly a 4 based on measuring the centering, but likely a 3. The description of a PSA 3 is: "VG 3: Very Good A PSA VG 3 card reveals some rounding of the corner...
by stevewolfe
Wed Apr 13, 2016 5:53 pm
Forum: Personal Consumer Issues
Topic: Sport players Cards (Football, Baseball, Basketball), anyone collect?
Replies: 52
Views: 4222

Re: Sport players Cards (Football, Baseball, Basketball), anyone collect?

No rookie cards unfortunately. What's PSA? As was mentioned above, PSA is a third party grading company. Here's an example of a typical 1963 Bob Lilly card that you might find at a flea market, yard sale, etc. This one is listed for sale for $149. http://i.imgur.com/XofPAhO.png Some folks might loo...
by stevewolfe
Tue Apr 12, 2016 5:17 pm
Forum: Personal Consumer Issues
Topic: Sport players Cards (Football, Baseball, Basketball), anyone collect?
Replies: 52
Views: 4222

Re: Sport players Cards (Football, Baseball, Basketball), anyone collect?

Great post, all so true. Amazingly Beckett is still around today, online atleast. I wish I would've liquidated my Jordan cards and such back in the 90's when they may have been worth something. Maybe you should change your search terms for eBay. Here's a Jordan rookie that sold recently for $25,300...
by stevewolfe
Tue Apr 12, 2016 5:09 pm
Forum: Personal Consumer Issues
Topic: Sport players Cards (Football, Baseball, Basketball), anyone collect?
Replies: 52
Views: 4222

Re: Sport players Cards (Football, Baseball, Basketball), anyone collect?

saltycaper wrote:Thank you for the link. I still have some boxes I might want to get rid of, and I was going to throw them in the dumpster. Maybe they'll get some good use this way.


You're welcome. It's a great way to pass them on to some kids who would appreciate them.
by stevewolfe
Mon Apr 11, 2016 7:57 pm
Forum: Personal Consumer Issues
Topic: Sport players Cards (Football, Baseball, Basketball), anyone collect?
Replies: 52
Views: 4222

Re: Sport players Cards (Football, Baseball, Basketball), anyone collect?

If a 1972 or 75 set of topps had the status of a lamborghini, then perhaps it could retain some value. But unless you are talking about a 1952 mickey mantle of a Honus wagner, the crap in between is meaningless. Since you follow this closely I'm sure you saw the Roger Staubach 1972 PSA 9 MINT card ...
by stevewolfe
Mon Apr 11, 2016 7:41 pm
Forum: Personal Consumer Issues
Topic: Sport players Cards (Football, Baseball, Basketball), anyone collect?
Replies: 52
Views: 4222

Re: Sport players Cards (Football, Baseball, Basketball), anyone collect?

I collected everything back in the day, football, baseball, basketball, hockey, star wars, mork and Mindy, Battlestar Galactica, etc. Then in high school mostly baseball. The strike that lost a world series followed by the steroids, human growth hormone, etc. ruined baseball for me... None of my car...
by stevewolfe
Fri Apr 08, 2016 2:20 pm
Forum: Personal Finance (Not Investing)
Topic: Safe money?
Replies: 19
Views: 2906

Re: Safe money?

The good news is it hasn't been declining by 3% annually over the last few years as inflation is still quite low. An easy thing to do with some of the money would be to place it in a high yield savings account up to the FDIC limits. Another option would be to begin to accumulate a position in I-Bond...
by stevewolfe
Mon Apr 04, 2016 9:02 pm
Forum: Investing - Theory, News & General
Topic: diversification vs fees?
Replies: 4
Views: 358

Re: diversification vs fees?

Go over to Morningstar.com, punch in VTSAX hit the quote button. Click on chart tab and enter VINIX for comparison. Click maximum. Can you really see any noticible difference you are missing out on? I don't, if you don't, move on with you life. ;-) Not trying to be flippant but your savings rate and...
by stevewolfe
Sun Apr 03, 2016 7:32 pm
Forum: Investing - Theory, News & General
Topic: How many basis points matter to you?
Replies: 36
Views: 2648

Re: How many basis points matter to you?

My IPS says I need to keep the overall ER at 0.30% or under. Whether it is 0.14% or 0.29% doesn't matter to me. Don't sweat the small stuff. :beer
by stevewolfe
Sun Apr 03, 2016 3:10 pm
Forum: Personal Consumer Issues
Topic: Coursera -- Pay or Not?
Replies: 9
Views: 1278

Re: Coursera -- Pay or Not?

I've taken Coursera courses for free and received certification for the course and have it posted on LinkIn. Are you referring to a specialization certification like this one Data Science ? I have only ever taken individual courses, not followed a specialization, performed a capstone project, and co...
by stevewolfe
Tue Mar 29, 2016 5:15 pm
Forum: Personal Consumer Issues
Topic: Updates on the status of Linux
Replies: 70
Views: 5118

Re: Updates on the status of Linux

Said differently, the personal computer has passed its heyday; Linux is an OS for personal computers. The highlighted part of this statement is wildly inaccurate IMHO (no offense intended to the OP). There are many different sites with statistics for OS's used for hosting websites. Linux is typical...
by stevewolfe
Sun Mar 27, 2016 7:58 pm
Forum: Investing - Help with Personal Investments
Topic: Why have more than 20% in bonds?
Replies: 37
Views: 4143

Re: Why have more than 20% in bonds?

so why do people in retirement have 40-70% in bonds? I'm not in retirement and have 60% in fixed income. There is more to fixed income than bonds. To me fixed income is about making the swingsin our equities navigable. I sleep well at night. I'm not sure why what works for me has to work for you. W...
by stevewolfe
Sun Mar 27, 2016 3:29 pm
Forum: Personal Finance (Not Investing)
Topic: CD Rates dropping?
Replies: 24
Views: 2662

Re: CD Rates dropping?

Earlier this year I bought a 5 year brokered CD through Vanguard from Goldman Sachs banks at 2.35%. Presently new issue 5 year CDs at Vanguard are at 1.55%. The retail market held up better, longer than the brokered market.
by stevewolfe
Thu Mar 24, 2016 5:45 pm
Forum: Investing - Theory, News & General
Topic: You cannot make money old fashioned way in this market
Replies: 25
Views: 5477

Re: You cannot make money old fashioned way in this market

I enjoy listening to him on Bloomberg or CNBC. He's always well prepared, thought provoking and convincing. A lot to ponder.

But I don't act on what he says. :beer
by stevewolfe
Sat Mar 05, 2016 7:57 pm
Forum: Investing - Theory, News & General
Topic: Poll: Active Funds in Which You Invest
Replies: 76
Views: 5373

Re: Poll: Active Funds in Which You Invest

T. Rowe Price Capital Appreciation - PRWCX and Vanguard Stable Value fund.
by stevewolfe
Thu Feb 18, 2016 7:34 pm
Forum: Local Chapters and Bogleheads Community
Topic: HAPPY 9TH BIRTHDAY TO THE BOGLEHEADS FORUM
Replies: 12
Views: 987

Re: HAPPY 9TH BIRTHDAY TO THE BOGLEHEADS FORUM

Many thanks, great forum and great people! :beer
by stevewolfe
Sun Feb 14, 2016 6:04 pm
Forum: Investing - Theory, News & General
Topic: Using CD's instead of bonds
Replies: 62
Views: 7235

Re: Using CD's instead of bonds

longinvest wrote:CDs do not have a fluctuating market value. As such, they have a property that is specific to cash, and that even short-term bonds do not have.


That's only true for direct retail CDs and not brokered CDs.
by stevewolfe
Sun Feb 07, 2016 2:54 pm
Forum: Investing - Help with Personal Investments
Topic: is it realistic for me to retire in 15 years?
Replies: 22
Views: 2794

Re: is it realistic for me to retire in 15 years?

TheTimeLord wrote:But really not a big believer in a life without a passion or focus.


So why does that passion and focus have to come from work? I think it's personally reasonable that everyone is different and folks might find that passion in hobbies, charity work, etc. - in addition to, or replacement of, work.
by stevewolfe
Sat Feb 06, 2016 7:51 am
Forum: Investing - Theory, News & General
Topic: What is up with Tech Industry?
Replies: 4
Views: 1053

Re: What is up with Tech Industry?

Isn't the saying something like "Over the short term the market is a voting machine, over the long term the market is a weighing machine" (Benjamin Graham).

This is the danger of investing in individual stocks. Diversification is your friend.
by stevewolfe
Tue Jan 26, 2016 6:09 pm
Forum: Investing - Theory, News & General
Topic: At what point would you go from 70/30 to 100(stocks)/0(bonds) if you are in your late twenties
Replies: 48
Views: 3987

Re: At what point would you go from 70/30 to 100(stocks)/0(bonds) if you are in your late twenties

The stock market has not dropped enough yet for me to go 100/0 but it will get tempting soon. At what point, if any, would you considering making the jump if you have 30+ years left to invest? Makes no sense to me. Your asset allocation is based on your need, willingness and ability to take risk. S...

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