Search found 1613 matches

by telemark
Sat Aug 20, 2016 8:37 pm
Forum: Personal Consumer Issues
Topic: What is your system for dealing with coins?
Replies: 103
Views: 5276

Re: What is your system for dealing with coins?

I pull out the quarters for use in the laundry room. The rest stay in my wallet until the next time I buy something, and then I get rid of them as opportunity presents. If the total is $1.23, I'll pay exactly. If it's $1.83, I'll hand the cashier two dollars and three pennies. This does confuse them...
by telemark
Fri Aug 19, 2016 4:03 pm
Forum: Forum Issues and Administration
Topic: Improving the Bogleheads forum
Replies: 86
Views: 5863

Re: Improving the Bogleheads forum

If Warren hit Jimmy while lunching in Las Vegas, how would the headline read?
by telemark
Fri Aug 19, 2016 2:34 pm
Forum: Investing - Help with Personal Investments
Topic: Are all of these 401k options terrible?
Replies: 17
Views: 1123

Re: Are all of these 401k options terrible?

so the vanguard EE benefit would be the fund that has similar returns to something like the vanguard total stock market (VTSMX)? For a single fund, yes. To match VTSMX exactly you would need EE Benefit + Blackrock Extended in a 4 to 1 ratio. In practice it doesn't seem to make much difference, and ...
by telemark
Fri Aug 19, 2016 12:24 pm
Forum: Investing - Help with Personal Investments
Topic: Are all of these 401k options terrible?
Replies: 17
Views: 1123

Re: Are all of these 401k options terrible?

I find that sorting the choices by expense ratio* usually clarifies things. In this case we get EQUITY/STOCK Date ER Month YTD VANGUARD EE BENEFIT INDEX FD 11/01/2011 0.02% 3.73% 7.68% BLACKROCK MSCI ACWI EX CL M 10/12/2012 0.10% 4.96% 4.72% VANGUARD REIT INDEX FD CL INST 12/02/2003 0.10% 4.22% 18.2...
by telemark
Fri Aug 19, 2016 4:01 am
Forum: Investing - Theory, News & General
Topic: Why is Soros betting against the market (shorting SPY)?
Replies: 33
Views: 4730

Re: Why is Soros betting against the market (shorting SPY)?

Okay let me re-iterate my usual: WHO CARES!! I don't understand the level of idolism folks have on this website for big name folks. Soros is A LOT smarter then me, but what I know he is not is clairvoyant any more then my dog (BTW I don't have a dog). Just like I wouldn't take advice from a pooch a...
by telemark
Tue Aug 16, 2016 11:35 pm
Forum: Personal Consumer Issues
Topic: Editing shortcut emacs-like keys. Do u use them?
Replies: 26
Views: 1206

Re: Editing shortcut emacs-like keys. Do u use them?

I'll confess a certain fondness for Eight Megabytes And Constantly Swapping, but ed is the standard editor.
by telemark
Sun Aug 14, 2016 12:28 pm
Forum: Personal Consumer Issues
Topic: Do you wash your car yourself, or have it done?
Replies: 96
Views: 5227

Re: Do you wash your car yourself, or have it done?

I usually run mine through the car wash to get the dirt/mud/salt off and then go over it by hand to get tar or anything leftover and then I wax it. Car wash does a decent job but with a white car you notice what is missed. Even after the carwash I usually spend a good hour touching it up and waxing...
by telemark
Fri Aug 12, 2016 5:02 pm
Forum: Investing - Help with Personal Investments
Topic: Create Swensen Unconventional Portfolio from 401K selection
Replies: 2
Views: 232

Re: Create Swensen Unconventional Portfolio from 401K selection

Swensen is a strong advocate for keeping bonds as riskless as possible, hence his preference for treasuries. If I recall correctly, he particularly recommends against mortgage-backed securities, so the GNMA fund might not be a good choice. That leaves Total Bond, which at least has a lot of treasuri...
by telemark
Fri Aug 12, 2016 4:30 pm
Forum: Investing - Theory, News & General
Topic: The Empire (of Active Managers) Strikes Back
Replies: 6
Views: 945

Re: The Empire (of Active Managers) Strikes Back

delamer wrote:I thought Bogleheads would find Scott Burns' latest column of interest: https://assetbuilder.com/knowledge-center/articles/the-empire-strikes-back-(at-the-index-fund-uprising)

I fixed the url for you. The automatic URL recognition didn't pick up the closing parenthesis.
by telemark
Fri Aug 12, 2016 10:45 am
Forum: Personal Consumer Issues
Topic: Try to Fix Old LED TV or Buy New
Replies: 57
Views: 2697

Re: Try to Fix Old LED TV or Buy New

I seem to recall something (dontcha hate it when ya get old and stuff gets mired down in your brain?) about a time some years ago when multiple vendors (TV, computers, etc) were plagued with a bad manufacturing run of electrolytic capacitors. This bad run caused infant mortality in a lot of devices...
by telemark
Wed Aug 10, 2016 6:47 pm
Forum: Investing - Help with Personal Investments
Topic: Going short to negate going long [socially responsible investing]
Replies: 59
Views: 2960

Re: Going short to negate going long

To avoid distraction, for the sake of argument let's move forward assuming I don't want to invest in companies that make or sell, say, window cleaner, because I morally believe all windows ought to be dirty. :) This is certainly a laudable goal (my own windows are quite dirty, thank you very much),...
by telemark
Wed Aug 10, 2016 9:33 am
Forum: Personal Finance (Not Investing)
Topic: Will banks let you pay only the interest part of your mortgage?
Replies: 17
Views: 2048

Re: Will banks let you pay only the interest part of your mortgage?

For more flexibility, you can take out a 30 year mortgage and make extra payments on the principal. Then if something happens, you can stop making the extra payments. This won't usually work; making extra principal payments reduces future interest owed, but doesn't eliminate your payment obligation...
by telemark
Tue Aug 09, 2016 7:23 am
Forum: Personal Finance (Not Investing)
Topic: Will banks let you pay only the interest part of your mortgage?
Replies: 17
Views: 2048

Re: Will banks let you pay only the interest part of your mortgage?

For more flexibility, you can take out a 30 year mortgage and make extra payments on the principal. Then if something happens, you can stop making the extra payments.
by telemark
Tue Aug 09, 2016 6:35 am
Forum: Personal Finance (Not Investing)
Topic: Will banks let you pay only the interest part of your mortgage?
Replies: 17
Views: 2048

Re: Will banks let you pay only the interest part of your mortgage?

And for much of the life of an amortized mortgage, most of the payments are interest anyway. It's only when you get near the end of the loan that the principal starts to figure in.
by telemark
Tue Aug 09, 2016 6:24 am
Forum: Investing - Theory, News & General
Topic: "What Vanguard's Hire of a Wall Streeter Reveals.."
Replies: 8
Views: 2253

Re: "What Vanguard's Hire of a Wall Streeter Reveals.."

We are a technology company

And here I thought they were a company that can't put together a decent web site but is amazing at index funds. My mistake :D
by telemark
Sat Aug 06, 2016 12:38 pm
Forum: Personal Finance (Not Investing)
Topic: Credit Check required: ALLY Savings Account!
Replies: 12
Views: 1039

Re: Credit Check required: ALLY Savings Account!

It's a known issue with Ally: see here and here and here and here. Easiest solution is to find another bank; no one has reported this problem with any bank but Ally.
by telemark
Fri Aug 05, 2016 8:47 pm
Forum: Personal Consumer Issues
Topic: Heart rate monitors
Replies: 22
Views: 1126

Re: Heart rate monitors

I had heart surgery a year ago. Since then I've started wearing a Mio Fuse when I exercise. You wear it a little farther up the forearm than a wristwatch, but it seems accurate enough, compared to my pulse oximeter. You need their app to set it up (I used a Nexus 7 tablet) but after that you can eit...
by telemark
Fri Aug 05, 2016 2:26 pm
Forum: Personal Consumer Issues
Topic: Where to find common items that last "forever"
Replies: 58
Views: 4304

Re: Where to find common items that last "forever"

I have a canister vacuum cleaner I bought at Sears sometime in the 1980s. A few years ago it sprung a leak in the hose that connects the canister to the floor attachment. This isn't just any hose; it contains some electric wiring to power the beater in the attachment, with connections on each end. I...
by telemark
Fri Aug 05, 2016 9:11 am
Forum: Investing - Help with Personal Investments
Topic: Mutual funds with no ticker symbol in my 401K
Replies: 8
Views: 665

Re: Mutual funds with no ticker symbol in my 401K

The wiki entry for these is Collective Investment Trusts. If it tracks an index, you can consider it interchangeable with the equivalant Vanguard fund.
by telemark
Mon Aug 01, 2016 6:55 pm
Forum: Investing - Help with Personal Investments
Topic: Double check my thinking on bad 401(K)
Replies: 10
Views: 475

Re: Double check my thinking on bad 401(K)

For the money you've already put into the plan the damage, such as it may be, is already done. Even if you stopped contributing you'd still be paying the expenses on it. Money you continue to add will only be in the plan, on average, for half the time your wife stays in the job. If she leaves in thr...
by telemark
Sat Jul 30, 2016 11:46 am
Forum: Personal Finance (Not Investing)
Topic: Which retirement income is never reported to the IRS?
Replies: 29
Views: 3250

Re: Which retirement income is never reported to the IRS?

Well, when one wants to simplify a problem by assigning "always" or "never" to certain possibilities it is necessary to offer up the exceptions and conditions and decide if they matter. Taxation is so specific to individual circumstances that such simplification is difficult unl...
by telemark
Sat Jul 30, 2016 11:19 am
Forum: Personal Finance (Not Investing)
Topic: Which retirement income is never reported to the IRS?
Replies: 29
Views: 3250

Re: Which retirement income is never reported to the IRS?

These do not affect anything at all right? Roth distributions can be taxable and/or subject to penalties unless you are careful about observing a complicated set of rules. But if you open a Roth IRA before the age of 54 1/2 and don't make withdrawals until the age of 59 1/2, you can ignore all that...
by telemark
Sat Jul 30, 2016 10:52 am
Forum: Investing - Help with Personal Investments
Topic: order of withdrawal in retirement
Replies: 10
Views: 1635

Re: order of withdrawal in retirement

I think the goal is to minimize your effective tax rate. There's a nice effective rate calculator for income tax at http://www.moneychimp.com/features/tax_brackets.htm . While this is simple enough when looking at the current year, it starts to get complicated when you consider the effects on future...
by telemark
Sat Jul 30, 2016 10:23 am
Forum: Personal Consumer Issues
Topic: NYT cautionary tale on the cloud
Replies: 37
Views: 3922

Re: NYT cautionary tale on the cloud

Backups, like investments, are best diversified. I remember a story from a few years back about a photographer who did wedding videos and stored the raw footage on Megaupload. When the Feds shut that down he lost access to all his data.
by telemark
Fri Jul 29, 2016 8:38 am
Forum: Personal Finance (Not Investing)
Topic: 5 reasons the rich are better investors than average Joe
Replies: 14
Views: 2896

Re: 5 reasons the rich are better investors than average Joe

If you read that as "5 ways to be a better investor", it contains some good if not particularly original advice. (Good investing advice is rarely original).

Stay the course. Keep costs low. Make a plan and stick to it. Buy and hold, don't churn.
by telemark
Thu Jul 28, 2016 7:54 am
Forum: Investing - Help with Personal Investments
Topic: 20% In REITS?
Replies: 45
Views: 3646

Re: 20% In REITS?

A job with a company is not a financial asset either, but it is a mistake to double down by buying its stock. True, but neither would I then avoid stocks altogether on the grounds that I already work in the economy. The main risk in owning a home is ideosyncratic--location, location, and location. ...
by telemark
Thu Jul 28, 2016 7:49 am
Forum: Investing - Help with Personal Investments
Topic: 20% In REITS?
Replies: 45
Views: 3646

Re: 20% In REITS?

In the book Unconventional Success Swensen observes that Any number of portfolio allocations satisfy the mathematical and functional requirements diversification and equity orientation. and offers a reference portfolio as one example of how such a portfolio might be constructed. He then adds Persona...
by telemark
Wed Jul 27, 2016 2:14 pm
Forum: Personal Finance (Not Investing)
Topic: Should I worry about FDIC limits if only a short time period is involved?
Replies: 21
Views: 1311

Re: Should I worry about FDIC limits if only a short time period is involved?

englishgirl wrote:I dunno, it seems like a lot of hassle for a month's worth of insurance.

Just for the record, I calculate one month at 0.9% annual interest to be about 0.075%, or around one thirteenth of one percent before taxes. Not sure how much trouble I'd take to collect that.
by telemark
Mon Jul 25, 2016 12:52 pm
Forum: Investing - Theory, News & General
Topic: Buy and hold an index. You can't possibly compete with the Masters of the Universe!
Replies: 9
Views: 1433

Re: Buy and hold an index. You can't possibly compete with the Masters of the Universe!

One might reasonably conclude that here was publicly available information that the share price did not reflect, at least until it became even more publicly available. This is hard to reconcile with a perfectly efficient market. On the other hand, investors did manage to buy Nintendo stock and not s...
by telemark
Mon Jul 25, 2016 9:57 am
Forum: Investing - Help with Personal Investments
Topic: Advice on using Not great Bond Fund in 401k
Replies: 11
Views: 970

Re: Advice on using Not great Bond Fund in 401k

For what it's worth, I use a similar fund, PICYX, in my 401K. The prospectus for MWTRX says it may include up to 20% in securities rated below investment grade, and that may be a concern. On the other hand, the standard deviation is actually lower than for VBMFX, so if there is extra risk it hasn't ...
by telemark
Fri Jul 22, 2016 12:18 pm
Forum: Personal Consumer Issues
Topic: LED lights or bulbs
Replies: 21
Views: 2146

Re: LED lights or bulbs

... I can't quite bring myself to throw away (correction: put it in the little box on the porch and remember to take to the dump on Hazardous Waste Day) a perfectly good CFL just because I like the LEDs better. Agreed. I still have six, out of dozen, unused high-CRI CFLs I was awarded many years ag...
by telemark
Fri Jul 22, 2016 11:14 am
Forum: Personal Finance (Not Investing)
Topic: How many folks choose to give inheritance to their children in unequal portions?
Replies: 193
Views: 16283

Re: How many folks choose to give inheritance to their children in unequal portions?

My mother plans a two-thirds/one-third split, with me getting the one-third, and I'm fine with that. I happen to agree with her reasons--the other sibling has a spouse with expensive health issues--but even if I didn't it's her money. She can do what she wants with it.
by telemark
Fri Jul 22, 2016 9:34 am
Forum: Investing - Help with Personal Investments
Topic: How to weigh taxable vs roth vs 401(k)
Replies: 9
Views: 707

Re: How to weigh taxable vs roth vs 401(k)

It's complicated. I recommend this discussion on Dr. Bernstein's site:

Do Your Asset Classes Care Where They Are?
by telemark
Thu Jul 21, 2016 10:50 am
Forum: Personal Consumer Issues
Topic: LED lights or bulbs
Replies: 21
Views: 2146

Re: LED lights or bulbs

You might find this article interesting http://www.newyorker.com/business/currency/the-l-e-d-quandary-why-theres-no-such-thing-as-built-to-last But if this happens every time the power goes out, the problem may not be the bulbs. Perhaps you should look into a surge protector? Or is there physical da...
by telemark
Tue Jul 19, 2016 2:48 pm
Forum: Personal Consumer Issues
Topic: Netflix increasing prices. Will you keep it?
Replies: 73
Views: 9694

Re: Netflix increasing prices. Will you keep it?

My two years at the old price just ran out, so I switched to the basic plan at $7.99 a month. Haven't noticed any difference in streaming quality. It'll never be the one place where I can watch anything I want, but so far they've been able to keep me interested. I'm just getting started on Penny Dre...
by telemark
Mon Jul 18, 2016 9:18 am
Forum: Investing - Theory, News & General
Topic: What do you recommend for your emergency fund?
Replies: 25
Views: 2387

Re: What do you recommend for your emergency fund?

The rate at your credit union is about as good as you will find anywhere. When you need to withdraw money, just transfer it to your share account; that should be faster than ACH anyway. Check that it's insured by the NCUA. Also, many savings accounts are subject to Reg D limits: no more than six &qu...
by telemark
Sat Jul 16, 2016 10:24 am
Forum: Personal Consumer Issues
Topic: Need printer recommendations
Replies: 36
Views: 1682

Re: Need printer recommendations

I suppose that means some kind of wireless printer that plays well with my iPhone, Macbook, etc. For use with your iPhone, look for a printer that supports AirPrint. This is a protocol that the iDevice and the printer use to find each other; it has nothing to do with whether or not the printer is w...
by telemark
Fri Jul 15, 2016 4:27 pm
Forum: Investing - Theory, News & General
Topic: Avoid mid and small caps?
Replies: 19
Views: 2657

Re: Avoid mid and small caps?

I don't like volatility either, but I deal with it by increasing my allocation to bonds. It's the volatility of the overall portfolio that matters, not individual funds.
by telemark
Thu Jul 14, 2016 12:32 pm
Forum: Investing - Help with Personal Investments
Topic: Putting cash needs in 401K as a way to increase taxable account
Replies: 17
Views: 1299

Re: Putting cash needs in 401K as a way to increase taxable account

telemark, <<Maybe I'm missing something, but it seems just the same as spending the money directly from the 401K..> Why would this be the same? The taxable income amount is different in both situations. A) Withdraw 50K of Trad. 401K = 50K of income subject to tax. B) Spend 20K from Roth IRA -> not ...
by telemark
Thu Jul 14, 2016 12:31 pm
Forum: Investing - Help with Personal Investments
Topic: Putting cash needs in 401K as a way to increase taxable account
Replies: 17
Views: 1299

Re: Putting cash needs in 401K as a way to increase taxable account

You hinted that you were going to continue maxing out your tax deferred account (at 24K per year). Yes, I started out by wondering if I should divert some of my present saving to taxable. As I see it, the choice is ⋅  invest $24,000 in my 401K and pay taxes on it later, at an effective ra...
by telemark
Tue Jul 12, 2016 10:20 pm
Forum: Investing - Help with Personal Investments
Topic: Putting cash needs in 401K as a way to increase taxable account
Replies: 17
Views: 1299

Re: Putting cash needs in 401K as a way to increase taxable account

You cannot make it with taxable account alone. But, could you make it with taxable account plus Roth IRA? KlangFool I thought about that, but then I'd be taking money out of the Roth IRA so that I could take money from the 401K, pay taxes on it, and put it in the Roth IRA. Maybe I'm missing somethi...
by telemark
Tue Jul 12, 2016 9:21 pm
Forum: Investing - Help with Personal Investments
Topic: Putting cash needs in 401K as a way to increase taxable account
Replies: 17
Views: 1299

Re: Putting cash needs in 401K as a way to increase taxable account

I posted a similar question a few years back and was advised that keeping much in equities in taxable when I was planning to live on that until age 70, may be fraught with too much risk. Use bonds at the riskiest. So I've done that (tax-exempt bond fund) and have not regretted it. I'm wondering if ...
by telemark
Tue Jul 12, 2016 12:35 pm
Forum: Investing - Help with Personal Investments
Topic: Putting cash needs in 401K as a way to increase taxable account
Replies: 17
Views: 1299

Re: Putting cash needs in 401K as a way to increase taxable account

I am not sure how much of a difference it will make. In 4 years time we could easily see a crash and your taxable account could shrink when you plan to take withdrawals. That is not a bad thing but would spoil your plan to only use taxable from 60-70. Not much difference. Assuming 5% a year gives m...
by telemark
Tue Jul 12, 2016 11:05 am
Forum: Investing - Help with Personal Investments
Topic: Putting cash needs in 401K as a way to increase taxable account
Replies: 17
Views: 1299

Re: Putting cash needs in 401K as a way to increase taxable account

There's some extra complexity in managing this, and where I get confused is thinking about what it buys me. Savings in a traditional 401K or IRA are still taxable as ordinary income, so in that respect it's a wash. Although 2.4% is more than I'm making in my I bonds.
by telemark
Tue Jul 12, 2016 10:40 am
Forum: Investing - Help with Personal Investments
Topic: Putting cash needs in 401K as a way to increase taxable account
Replies: 17
Views: 1299

Putting cash needs in 401K as a way to increase taxable account

Some background first: sorry it's long, but I need to explain where I'm coming from. I'm currently 56 and would like to retire at 60. Ideally, I would then delay taking Social Security until 70 and spend ten years living off my taxable accounts while doing Roth conversions from my 401K. That's not g...
by telemark
Fri Jul 08, 2016 5:35 pm
Forum: Investing - Theory, News & General
Topic: Long term bond funds
Replies: 26
Views: 2346

Re: Long term bond funds

I understand that if you invest in individual long term bonds, you generally cannot get your money back until they mature in 10-30 years from now. The risk of a bond isn't that you're forced to hold it; you can generally find a buyer if you need the money sooner. The risk is that the bond holder ma...
by telemark
Thu Jul 07, 2016 1:27 pm
Forum: Personal Consumer Issues
Topic: Hiking questions
Replies: 154
Views: 8072

Re: Hiking questions

livesoft wrote:Shoes are personal thing. I usually wear sandals or running shoes. I'm sure I'll get flack for that.

Not from me, but I dropped out of a hiking club because I got tired of arguing with the shoe police.
by telemark
Thu Jul 07, 2016 1:24 pm
Forum: Personal Consumer Issues
Topic: Hiking questions
Replies: 154
Views: 8072

Re: Hiking questions

Aron Ralston recommends a sharp knife . I wouldn't go that far, but I try to carry enough to survive an overnight stay, should that prove necessary. In practice this means long synthetic underwear, top and bottom: this weighs almost nothing and takes up very little room in a pack. And an LED headlam...

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