Search found 1731 matches

by technovelist
Fri Feb 12, 2016 11:39 am
Forum: Investing - Theory, News & General
Topic: Yellen: "We're taking a look at negative interest rates."
Replies: 56
Views: 5767

Re: Yellen: "We're taking a look at negative interest rates."

Most banks do not even have the ability from a technology perspective to charge negative rates. Really? That could be fixed by the end of the day. Add a little time for testing and you're done. It's not like you'd have the frenzy over Y2K all over again. I doubt that it could be fixed "by the ...
by technovelist
Fri Feb 12, 2016 7:43 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 2754
Views: 546942

Re: U.S. stocks in freefall

Yeah, but ex-US dropping by a quarter, and US dropping by one sixth without any serious crisis causing it is frightening. This is only so far - it may get worse. Now, what happens when there is a real crisis of some sort? Inevitably there will be one at some point. It feels like markets could easil...
by technovelist
Thu Feb 11, 2016 6:08 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 2754
Views: 546942

Re: U.S. stocks in freefall

broadstone wrote:S&P on its way to 1600. I'm still 100% cash.


Only 100%? :beer
by technovelist
Thu Feb 11, 2016 6:07 pm
Forum: Investing - Theory, News & General
Topic: Are index funds a guaranteed return?
Replies: 42
Views: 2703

Re: Are index funds a guaranteed return?

If you want a guarantee, buy I Bonds. Currently, I Bonds yield 0.10% + inflation, as calculated by the CPI-U measure. I Bonds are backed by the US Treasury and are as close to risk-free as you're going to get. In addition, you won't lose money if there's deflation (unlike TIPS) since the interest r...
by technovelist
Thu Feb 11, 2016 9:02 am
Forum: Investing - Theory, News & General
Topic: Are index funds a guaranteed return?
Replies: 42
Views: 2703

Re: Are index funds a guaranteed return?

It depends on what you mean by "expect". Clearly there are no guarantees. However, it's hard to see why people would invest in equities unless they believed they would receive a favorable return or, at least, a favorable return was likely to be enough to overcome the risks. A lot of peopl...
by technovelist
Thu Feb 11, 2016 9:00 am
Forum: Investing - Theory, News & General
Topic: Are index funds a guaranteed return?
Replies: 42
Views: 2703

Re: Are index funds a guaranteed return?

Yes, you are guaranteed to get the return of the index minus expenses. :sharebeer
by technovelist
Thu Feb 11, 2016 8:46 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 2754
Views: 546942

Re: U.S. stocks in freefall

fortyofforty wrote:
flyingaway wrote:Has anyone seen blood on the street yet?


Not yet rivers of blood.


As Harry Browne once said, that quotation is incomplete.

Some people are looking for a trickle of blood, others wait until it is up to their ankles, and still others will want to check the blood type. :D
by technovelist
Thu Feb 11, 2016 8:39 am
Forum: Investing - Theory, News & General
Topic: William Bernstein's "If You Can" Portfolio
Replies: 42
Views: 5672

Re: William Bernstein's "If You Can" Portfolio

William Bernstein also had some nice things to say about the Harry Browne Permanent Portfolio.

Although he wasn't nearly as complimentary to people who jump into it when gold is doing well and jump out when it isn't. :oops:
by technovelist
Thu Feb 11, 2016 8:33 am
Forum: Personal Finance (Not Investing)
Topic: Social Security Delayed Retirement Credits
Replies: 53
Views: 5191

Re: Social Security Delayed Retirement Credits

What would I do without Bogleheads? Until I read this column, the plan was for DH to file and suspend before April 2016 and then either: A. In February 2017, when I turn 66 and DH is 69.25, he takes his SS and I take spousal, or B. I take spousal in February 2017 at age 66 and he takes his SS in No...
by technovelist
Mon Feb 08, 2016 12:53 pm
Forum: Investing - Help with Personal Investments
Topic: Thank goodness for my precious metals
Replies: 63
Views: 3426

Re: Thank goodness for my precious metals

VA_Gent wrote:Which browser technovelist?

Not my IE or Chrome

Thanks


Firefox.
by technovelist
Mon Feb 08, 2016 12:52 pm
Forum: Personal Finance (Not Investing)
Topic: Social Security Delayed Retirement Credits
Replies: 53
Views: 5191

Re: Social Security Delayed Retirement Credits

I'll report back here when I have that information (for this year anyway). That would be great! Thank you. I just got off the phone with SSA. The person I talked to said that it would be processed when the "individual report of earnings" (I think I got the name right) is processed, but do...
by technovelist
Mon Feb 08, 2016 12:28 pm
Forum: Investing - Help with Personal Investments
Topic: Thank goodness for my precious metals
Replies: 63
Views: 3426

Re: Thank goodness for my precious metals

You need to have a small allocation in PM. No, I don't, or at least not beyond any exposure to the mining companies in the major market indexes. My diversification comes from owning thousands of stocks in the global markets through my holdings in VTI and VXUS/VEU; and from a 40% fixed income positi...
by technovelist
Mon Feb 08, 2016 12:26 pm
Forum: Investing - Help with Personal Investments
Topic: Thank goodness for my precious metals
Replies: 63
Views: 3426

Re: Thank goodness for my precious metals

VA_Gent wrote:@Technovelist

Do you know who runs that site. It stopped working around the first of the year. It was the go to place for PP stats.


I just checked it and it worked fine for me.
by technovelist
Mon Feb 08, 2016 12:25 pm
Forum: Investing - Help with Personal Investments
Topic: Thank goodness for my precious metals
Replies: 63
Views: 3426

Re: Thank goodness for my precious metals

bradshaw1965 wrote:7-10 year Treasuries seem to play a similar role in bear markets with the added bonus of much less volatility and an expected positive real return.


Not in inflationary bear markets, like in the 1970's.
by technovelist
Mon Feb 08, 2016 12:07 pm
Forum: Investing - Help with Personal Investments
Topic: Thank goodness for my precious metals
Replies: 63
Views: 3426

Re: Thank goodness for my precious metals

You need to have a small allocation in PM. No, I don't, or at least not beyond any exposure to the mining companies in the major market indexes. My diversification comes from owning thousands of stocks in the global markets through my holdings in VTI and VXUS/VEU; and from a 40% fixed income positi...
by technovelist
Mon Feb 08, 2016 12:01 pm
Forum: Investing - Help with Personal Investments
Topic: Thank goodness for my precious metals
Replies: 63
Views: 3426

Re: Thank goodness for my precious metals

PRPFX is a very poor representation of Harry Browne's preferred asset allocation (the Harry Browne Permanent Portfolio, or HBPP). It is way too tilted toward inflation and has high costs. The standard HBPP has 25% in cash, 25% in gold, 25% in long Treasurys, and 25% in stocks. That has done much be...
by technovelist
Mon Feb 08, 2016 11:58 am
Forum: Personal Finance (Not Investing)
Topic: Social Security Delayed Retirement Credits
Replies: 53
Views: 5191

Re: Social Security Delayed Retirement Credits

I turned 66 (FRA) last year (2015), in April. I started taking SS in 2011, at age 62, because I was unemployed at the time. However, I got a job the next year and did not get any further SS payments until last year. SSA then took back the payments that I got for the first three months of 2015, beca...
by technovelist
Mon Feb 08, 2016 11:50 am
Forum: Investing - Help with Personal Investments
Topic: Thank goodness for my precious metals
Replies: 63
Views: 3426

Re: Thank goodness for my precious metals

Are you going to sell some of it now to use it to buy more stock? If not, it really isn't doing you any good. That is why I would be hesitant to hold PM, particularly in bullion form, as an investment. It would be really, really hard to get my sweaty palms to let that shiny metal go. :wink: Rebalan...
by technovelist
Mon Feb 08, 2016 11:49 am
Forum: Personal Finance (Not Investing)
Topic: Social Security Delayed Retirement Credits
Replies: 53
Views: 5191

Re: Social Security Delayed Retirement Credits

I turned 66 (FRA) last year (2015), in April. I started taking SS in 2011, at age 62, because I was unemployed at the time. However, I got a job the next year and did not get any further SS payments until last year. SSA then took back the payments that I got for the first three months of 2015, beca...
by technovelist
Mon Feb 08, 2016 11:47 am
Forum: Investing - Help with Personal Investments
Topic: Thank goodness for my precious metals
Replies: 63
Views: 3426

Re: Thank goodness for my precious metals

PRPFX is a very poor representation of Harry Browne's preferred asset allocation (the Harry Browne Permanent Portfolio, or HBPP). It is way too tilted toward inflation and has high costs. The standard HBPP has 25% in cash, 25% in gold, 25% in long Treasurys, and 25% in stocks. That has done much bet...
by technovelist
Mon Feb 08, 2016 11:25 am
Forum: Personal Finance (Not Investing)
Topic: Social Security Delayed Retirement Credits
Replies: 53
Views: 5191

Re: Social Security Delayed Retirement Credits

I turned 66 (FRA) last year (2015), in April. I started taking SS in 2011, at age 62, because I was unemployed at the time. However, I got a job the next year and did not get any further SS payments until last year. SSA then took back the payments that I got for the first three months of 2015, becau...
by technovelist
Mon Feb 08, 2016 11:12 am
Forum: Investing - Help with Personal Investments
Topic: Thank goodness for my precious metals
Replies: 63
Views: 3426

Re: Thank goodness for my precious metals

As is typical, the stock market's plunge proves fruitful for the precious metals market. I'm up close to a grand this morning on my modest PM investments. You need to have a small allocation in PM. This isn't taught on this board, but it should be. I've got about 5% of my networth in precious metal...
by technovelist
Thu Jan 14, 2016 12:21 am
Forum: Investing - Theory, News & General
Topic: Is the Powerball a good play?
Replies: 48
Views: 3056

Re: Is the Powerball a good play?

It depends on the number of tickets sold for the current drawing compared with the prize money left over from previous drawings. For example, if the cash prize is $1 billion and they sell the same number of tickets in this drawing as they did in the first drawing, the chance of a multiple winner is ...
by technovelist
Thu Jan 14, 2016 12:13 am
Forum: Personal Finance (Not Investing)
Topic: Looking for companies that provide financial planning
Replies: 9
Views: 602

Re: Looking for companies that provide financial planning

Thanks, but I'm looking for relatively large firms with a national presence.
by technovelist
Wed Jan 13, 2016 10:09 pm
Forum: Personal Finance (Not Investing)
Topic: Looking for companies that provide financial planning
Replies: 9
Views: 602

Looking for companies that provide financial planning

Hi all,

I'm trying to make a list of companies that provide financial planning.

Here is a list of the companies I have come across so far:

American Express
Fidelity
LearnVest
WealthFront
Morningstar
HelloWallet

Any suggestions would be appreciated.
by technovelist
Sun Oct 11, 2015 10:36 am
Forum: Personal Finance (Not Investing)
Topic: How are Medicare Part B premiums paid if one is not drawing SS
Replies: 24
Views: 1670

Re: How are Medicare Part B premiums paid if one is not drawing SS

I used my AAdvantage credit card to pay for a year's worth of premiums in advance, scoring 1000+ miles in the process. Then I started getting Social Security again when I got to FRA (payments having been suspended due to excess earnings) and they started taking it out of my check. I got a refund for...
by technovelist
Sun Oct 11, 2015 10:33 am
Forum: Personal Finance (Not Investing)
Topic: Net present value of expected Social Security benefit?
Replies: 10
Views: 1298

Net present value of expected Social Security benefit?

Hi all, I'm looking for a calculator that will compute the net present value of future Social Security payments for an individual, given the starting age and initial payment amount. If it weren't inflation-adjusted, then that would be an easy calculation, but obviously the inflation-adjustment makes...
by technovelist
Thu Sep 17, 2015 6:30 pm
Forum: Personal Finance (Not Investing)
Topic: Mom (age 66) wants to give me my Inheritance now. Should i accept?
Replies: 41
Views: 4650

Re: Mom (age 66) wants to give me my Inheritance now. Should i accept?

First, as a few people have already mentioned, there is no reason to worry about the gift tax exclusion so long as her remaining estate is not going to make the total more than the $5 million+ lifetime unified gift and estate exclusion, which doesn't sound likely from the original post. Second, if t...
by technovelist
Mon Aug 31, 2015 4:40 pm
Forum: Investing - Theory, News & General
Topic: bid and asked prices in panic times like this past week
Replies: 21
Views: 1488

Re: bid and asked prices in panic times like this past week

This isn't exactly the same scenario, but pretty similar. I sometimes have investments in a unit trust that tends to have very little volume. When I'm buying, rather than a market order, I put in a limit order just slightly above the ask, so I don't end up paying way more than I want to. When I'm se...
by technovelist
Mon Aug 24, 2015 8:54 am
Forum: Investing - Theory, News & General
Topic: "Stocks for the Long Run? Really?
Replies: 41
Views: 7577

Re: "Stocks for the Long Run? Really?

Psst, don't look now, but that pesky element 79 is up WAY more than any of those from the beginning of 2000 to today: Jan 4, 2000: 282.05 Aug 21, 2015: 1156.50 which is an increase of 310%. So gold is the best for the long run! :sharebeer Funny, I feel, how you only ever post after short-term rises...
by technovelist
Mon Aug 24, 2015 8:28 am
Forum: Investing - Theory, News & General
Topic: How long will you"Stay the Course"?
Replies: 99
Views: 9307

Re: How long will you"Stay the Course"?

Until a proven method of investing comes along that beats the Boglehead way. Has there been one yet? Not as far as I know. And if there was, I'm pretty sure the hyper-intelligent people on this board would either A.) exploit for themselves or B.) Share it with the world. Either way, If only one per...
by technovelist
Fri Aug 21, 2015 3:20 pm
Forum: Investing - Theory, News & General
Topic: "Stocks for the Long Run? Really?
Replies: 41
Views: 7577

Re: "Stocks for the Long Run? Really?

Psst, don't look now, but that pesky element 79 is up WAY more than any of those from the beginning of 2000 to today:

Jan 4, 2000: 282.05
Aug 21, 2015: 1156.50

which is an increase of 310%.

So gold is the best for the long run!

:sharebeer
by technovelist
Wed Apr 29, 2015 11:02 am
Forum: Investing - Theory, News & General
Topic: 140% Stocks (or why the Kelly criterion is cool)
Replies: 97
Views: 7206

Re: 140% Stocks (or why the Kelly criterion is cool)

As an aside, should the word "temporarily" be "temporally"? Yes. Thanks. Fixed. What is the other book? "Lifecycle Investing," by Ayres and Nalebuff. On first glance, doesn't this type of "strategy" ignore the risk, however small or large, of going totally be...
by technovelist
Wed Apr 29, 2015 10:50 am
Forum: Investing - Help with Personal Investments
Topic: Tax Gain Harvesting While in 15% Bracket?
Replies: 21
Views: 2021

Re: Tax Gain Harvesting While in 15% Bracket?

Everybody with any sense does this if they can. There is a wiki article on it: http://www.bogleheads.org/wiki/Tax_gain_harvesting How is this not a wash sale? Rather the question is, if tax loss harvesting is rendered moot via wash sale rules, you would think they would have done the same thing the...
by technovelist
Wed Feb 11, 2015 2:30 pm
Forum: Personal Consumer Issues
Topic: Looking for a DSLR that will allow me to get fairly serious.
Replies: 118
Views: 7648

Re: Looking for a DSLR that will allow me to get fairly seri

I see the Nikonians have been out in force so far. If it is going to be Canon or Nikon only I come down on the Canon side. First decision is APS C or Full Frame. I would recommend APS C and Canon for the glass. I would start with a 7Dmkll body, the 15-85 efs and the 70-300 L IS lens. A Giottos carb...
by technovelist
Wed Feb 11, 2015 2:23 pm
Forum: Personal Finance (Not Investing)
Topic: A question about LTC insurance that no one asks
Replies: 19
Views: 1955

Re: A question about LTC insurance that no one asks

I investigated LTCi and found it way too unfavorable to the purchaser for it to make sense. Instead, I bought a term life policy that provides for payments while the insured person is alive under certain circumstances, such as being in a nursing home for more than a certain period of time. Is this a...
by technovelist
Wed Feb 04, 2015 1:16 pm
Forum: Investing - Theory, News & General
Topic: Changing a submitted order at a broker
Replies: 34
Views: 2013

Re: Changing a submitted order at a broker

Fido, AFAIK, lets you cancel, or cancel and replace (change) an order at any time. Of course that's all subject to the original order not getting executed during the process. If that happens, it gets messy. I don't recall having a problem but that may be because my limit order may not be close to t...
by technovelist
Tue Jan 27, 2015 11:06 am
Forum: Investing - Theory, News & General
Topic: The Biggest Risk
Replies: 18
Views: 2179

Re: The Biggest Risk

I bought silver on the day of the top in 1980.
On margin.

Needless to say, it didn't work out too well. :oops:
However, I did learn an important lesson: don't use margin, at least with precious metals.
by technovelist
Mon Jan 26, 2015 3:58 pm
Forum: Personal Finance (Not Investing)
Topic: Is my term life policy quote too high?
Replies: 39
Views: 2931

Re: Is my term life policy quote too high?

Try SelectQuote, as someone else suggested. I know it is possible in some cases to get P+ with BP medications with Prudential (one of the companies they carry), maybe even if there are a few other minor issues/medications.
by technovelist
Fri Jan 23, 2015 6:15 pm
Forum: Personal Consumer Issues
Topic: Anyone else love reading textbooks?
Replies: 82
Views: 3376

Re: Anyone else love reading textbooks?

I can say that most textbooks on computer programming that I have read are terrible, being riddled with errors of almost every conceivable kind.

As for other textbooks, I can't recall any offhand that I enjoyed reading.
by technovelist
Fri Jan 23, 2015 6:06 pm
Forum: Personal Consumer Issues
Topic: Amazon Prime Is $72 Tomorrow for New Users
Replies: 27
Views: 3138

Re: Amazon Prime Is $72 Tomorrow for New Users

Nice way to punish loyal customers, Amazon.
by technovelist
Fri Jan 23, 2015 4:55 pm
Forum: Personal Finance (Not Investing)
Topic: Stopping Social Security benefits
Replies: 1
Views: 377

Re: Stopping Social Security benefits

I have a friend who retired one year ago and started benefit payments at the age of 63. Since retiring they have returned to work part time and do not need the payments. What is the process to stop payments if possible? I don't believe it is possible to voluntarily suspend payments until full retir...
by technovelist
Fri Jan 23, 2015 4:49 pm
Forum: Personal Consumer Issues
Topic: Is it worth it to buy a condo vs a house.
Replies: 41
Views: 5968

Re: Is it worth it to buy a condo vs a house.

I wouldn't buy a condo except at a fire sale, and maybe not even then because the reserves are likely to be in pretty bad shape at that point.

They are a lot easier to buy than they are to sell, especially in a housing downturn.
by technovelist
Fri Jan 23, 2015 11:29 am
Forum: Personal Finance (Not Investing)
Topic: Silly to consider buying a home because of interest rates?
Replies: 29
Views: 2922

Re: Silly to consider buying a home because of interest rate

Real estate is very local in terms of its pricing. However, if interest rates rise, then all other things being equal, one would imagine that there would be a downward pressure on home prices. Exactly. Not picking on the OP, because I don't know why even supposed financial experts don't seem to und...
by technovelist
Fri Jan 23, 2015 10:45 am
Forum: Personal Finance (Not Investing)
Topic: Buying life insurance online
Replies: 21
Views: 876

Re: Buying life insurance online

use term4sale.com to obtain the quotes, then call one of the 3 numbers listed for an agent that sells these policies. I've done this process now 3 times, and each time it has been relatively flawless. You tell them your data, you tell them the policy you want to apply for including the annual cost,...
by technovelist
Fri Jan 23, 2015 10:33 am
Forum: Investing - Theory, News & General
Topic: What is your commodities stocks/indexes allocation?
Replies: 20
Views: 1262

Re: What is your commodities stocks/indexes allocation?

0%. BTW, I don't consider gold to be in the category of "commodity"; it is primarily money, with some commodity uses that account for a relatively small part of its value.
by technovelist
Fri Jan 23, 2015 10:23 am
Forum: Personal Finance (Not Investing)
Topic: Transfer on death plan or Go to dreaded probate?
Replies: 6
Views: 949

Re: Transfer on death plan or Go to dreaded probate?

If you have those kind of assets, your first visit should be to competent estate planning legal firm, not the Bogleheads forum. My two cents - why not place the assets in a living trust, your intentions are stated, the assets should pass outside of probate and if you were so concerned about estate ...
by technovelist
Fri Jan 23, 2015 10:21 am
Forum: Personal Finance (Not Investing)
Topic: Buying life insurance online
Replies: 21
Views: 876

Re: Buying life insurance online

I've purchased policies through Select Quote several times and found it fairly painless, although of course there was a lot of paperwork to be completed. I had a really good agent, which I'm sure helped.
by technovelist
Thu Jan 22, 2015 10:44 pm
Forum: Personal Finance (Not Investing)
Topic: Withdrawal tax optimizer
Replies: 7
Views: 512

Re: Withdrawal tax optimizer

I have been looking for a good way to do this also. I hope that you find a good one and post it here. There seem to be many conflicting theories about optimum sequence of withdrawals, but they all seem to hinge on assumptions about future tax rates and returns on invested capital. Ralph I don't see...

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