Search found 1504 matches

by telemark
Fri Apr 29, 2016 11:23 pm
Forum: Investing - Theory, News & General
Topic: “Markets Have ‘Borrowed’ Returns from the Future”
Replies: 17
Views: 2131

Re: “Markets Have ‘Borrowed’ Returns from the Future”

I'll agree that as a method of stimulating investment and the economy, QE is bringing a very blunt instrument to a fairly delicate operation. Unfortunately it's the only one available to the central banks and they're the only ones willing and able to take any action. Congress has many more options a...
by telemark
Wed Apr 27, 2016 12:36 am
Forum: Investing - Theory, News & General
Topic: "For bondholders, rising interest rates can have an upside"
Replies: 25
Views: 2706

Re: "For bondholders, rising interest rates can have an upside"

Thanks for the article Taylor! It's nice to have an easy to read Vanguard reference for such questions. I would also add this argument: the bad scenario when keeping bonds at longer duration, rising interest rates, comes with the silver lining shown in the article. By contrast, the bad scenario whe...
by telemark
Tue Apr 26, 2016 11:03 pm
Forum: Investing - Help with Personal Investments
Topic: 401K Rebalancing: Feedback please
Replies: 8
Views: 524

Re: 401K Rebalancing: Feedback please

Fixed interest at over 3%? I'd grab it, assuming it's legitimate. Sounds too good to be true.
by telemark
Tue Apr 26, 2016 4:30 pm
Forum: Personal Consumer Issues
Topic: Stanley Kubrick's 2001 a space odyssey
Replies: 132
Views: 13314

Re: Stanley Kubrick's 2001 a space odyssey

The main innovation that I don't remember (not even in William Gibson's Neuromance of 1984) is the mobile phone. The original Star Trek had communicators. But we've already gone past them by now. In the 23rd century, they're still using those crummy flip phones? :shock: There's a Heinlein juvenile,...
by telemark
Mon Apr 25, 2016 2:27 pm
Forum: Personal Consumer Issues
Topic: Pros/Cons of Condo Living?
Replies: 43
Views: 3841

Re: Pros/Cons of Condo Living?

Be aware that the market is very volatile. There's a regular boom/bust cycle of overbuilding followed by a crash followed by more overbuilding... This is true for all real estate but seems to be more pronounced for apartments/condos.
by telemark
Sat Apr 23, 2016 7:44 pm
Forum: Personal Consumer Issues
Topic: Stanley Kubrick's 2001 a space odyssey
Replies: 132
Views: 13314

Re: Stanley Kubrick's 2001 a space odyssey

This thread reminds me of Mystery Science Theatre 3000, where a movie viewer and two robots would watch bad science fiction movies and make snarky remarks. The smart aleck comments were really funny. Sort of luck the two old fogies who would heckle the muppets from their balcony seat. I am breaking...
by telemark
Sat Apr 23, 2016 5:24 pm
Forum: Personal Consumer Issues
Topic: Stanley Kubrick's 2001 a space odyssey
Replies: 132
Views: 13314

Re: Stanley Kubrick's 2001 a space odyssey

I just watched this on Netflix, for the first time since its original release. It clocks in at about 160 minutes, but I agree with Mad Magazine that it feels like 200 or more. As to why the astronauts talk in platitudes, consider: you are at the top of a large pyramid of perfectly qualified candidat...
by telemark
Wed Apr 20, 2016 12:37 pm
Forum: Investing - Help with Personal Investments
Topic: Exchange RERFX to VTIAX or something else in 401k
Replies: 11
Views: 510

Re: Exchange RERFX to VTIAX or something else in 401k

Its for the first time now that its breaking even and if I were to exchange it in my 401k I would not lose money (perhaps I am looking at this too simplistically). It depends on the fund you are exchanging into. If that also down, you aren't necessarily losing money even if the current price is bel...
by telemark
Wed Apr 20, 2016 11:22 am
Forum: Personal Consumer Issues
Topic: "Network Saturation" with Optimum Router [overloaded FIOS wifi?]
Replies: 16
Views: 1161

Re: "Network Saturation" with Optimum Router [overloaded FIOS wifi?]

I live in an apartment with a lot of competing wifi networks (and always getting more). My connection is 40MB with Centurylink. What has worked for me was turning off the wireless access on the CenturyLink router and adding an Apple Airport Express configured as a wireless access point (WAP). THat g...
by telemark
Mon Apr 18, 2016 11:54 am
Forum: Personal Finance (Not Investing)
Topic: How Did You File Your Income Taxes for 2015?
Replies: 101
Views: 3822

Re: How Did You File Your Income Taxes for 2015?

TaxAct online. I notice that the more expensive versions of TaxAct can import tax information from a CSV (Excel) file, but I couldn't find any way to download it from Vanguard in that format, so I entered it by copy-pasting from the PDFs. A tedious and error-prone process.
by telemark
Sun Apr 17, 2016 7:48 pm
Forum: Personal Consumer Issues
Topic: Whole house electric surge protector
Replies: 11
Views: 1140

Re: Whole house electric surge protector

I don't have one, but it's an interesting idea. Is this something you could install in an apartment unit? How well do they work with things like microwave ovens or laser printers? Or, for that matter, with powerline adapters?
by telemark
Sun Apr 17, 2016 12:21 pm
Forum: Personal Finance (Not Investing)
Topic: HELP! HR Doesn't Believe in Index Funds for 401k
Replies: 64
Views: 5090

Re: HELP! HR Doesn't Believe in Index Funds for 401k

I got a response similar to this a few years ago at my current employer, after we had converted from a much worse plan. I was uncertain about my own status at the time and chose not to push it. But if I were going to pursue this, I would find out who the committee members are and talk to them indivi...
by telemark
Fri Apr 15, 2016 2:00 pm
Forum: Investing - Theory, News & General
Topic: Investing legends change their bond portfolio
Replies: 29
Views: 4000

Re: Investing legends change their bond portfolio

We all make risk trade-offs all the time: I'll take more of risk A because I must have less of risk B. Yes, exactly. Also note that the usual calculation for the Sharpe ratio is based in the standard deviation, a simplistic, one-dimensional measurement that in no way reflects these kinds of trade-o...
by telemark
Thu Apr 14, 2016 9:39 am
Forum: Investing - Theory, News & General
Topic: REITs being given sub-sector in S&P
Replies: 2
Views: 514

Re: REITs being given sub-sector in S&P

That's the S&P Dow Jones index, not the S&P 500 index that VFINX and many other funds track.
by telemark
Thu Apr 14, 2016 2:40 am
Forum: Investing - Theory, News & General
Topic: Investing legends change their bond portfolio
Replies: 29
Views: 4000

Re: Investing legends change their bond portfolio

Maximizing your risk-adjusted returns is not an appropriate goal for most investors. You want to maximize your return for the level of risk you are willing to take. Don't let the Sharpe ratio drive the overall risk of your portfolio.
by telemark
Wed Apr 13, 2016 2:49 pm
Forum: Investing - Theory, News & General
Topic: Total Bond Achilles Heel?
Replies: 47
Views: 5091

Re: Total Bond Achilles Heel?

Thanks, that makes sense. I'm a little slow sometimes.
by telemark
Wed Apr 13, 2016 2:19 pm
Forum: Investing - Theory, News & General
Topic: Total Bond Achilles Heel?
Replies: 47
Views: 5091

Re: Total Bond Achilles Heel?

Again, as I said for investment grade bonds and an index as broad as BarCap Agg, these weighting issues are negligible at least on the individual security selection level (if not between say relative weightings of corporate bonds and MBS in the index, or something like that, taking other assets int...
by telemark
Wed Apr 13, 2016 1:47 pm
Forum: Investing - Theory, News & General
Topic: Total Bond Achilles Heel?
Replies: 47
Views: 5091

Re: Total Bond Achilles Heel?

Thanks for the link. It still fails to make a case that index funds are to blame: index funds, by definition, are neither more nor less careful than the rest of the market. She seems to suggest that the active bond buyers said "no, no, too bubbly" and then the indexers came along and bough...
by telemark
Wed Apr 13, 2016 1:33 pm
Forum: Personal Finance (Not Investing)
Topic: Credit card cancelled
Replies: 71
Views: 4333

Re: Credit card cancelled

That happened to me once--only credit card cancelled because I never used it. I shrugged and got on with my life, still never using it, until many years when I tried to open an online savings account and was rejected--because, well, if you search on it here Ally seems to offer a different explanatio...
by telemark
Wed Apr 13, 2016 11:35 am
Forum: Investing - Theory, News & General
Topic: Total Bond Achilles Heel?
Replies: 47
Views: 5091

Re: Total Bond Achilles Heel?

I have increasingly wondered if index investing for bonds is fundamentally different from stocks. In a sense it is. Bonds have durations and stocks don't. You can hold a stock as long as you want, but as bonds age they become less representative of the overall index, and eventually they expire comp...
by telemark
Wed Apr 13, 2016 9:58 am
Forum: Investing - Theory, News & General
Topic: Total Bond Achilles Heel?
Replies: 47
Views: 5091

Re: Total Bond Achilles Heel?

I did a search in bloomberg.com for "Achilles heel", and it seems to be a meme there: just about everything has an Achilles heel, or possibly several. However I am not able to find this article. But the obvious flaw in the excerpt is that indexing does not drive the borrowing market. In pa...
by telemark
Tue Apr 12, 2016 12:06 pm
Forum: Investing - Theory, News & General
Topic: what is the draw of active management?
Replies: 37
Views: 1968

Re: what is the draw of active management?

If you look at the past and start playing the 'if only' game, there are many obvious opportunities to beat the market, and in hindsight most of them seem like things that any reasonable person should have been able to spot. It's easy to imagine that active management is a thing that could work: noth...
by telemark
Sat Apr 09, 2016 10:50 am
Forum: Investing - Theory, News & General
Topic: "Indexed Investing: A Prosaic Way to Beat the Average Investor" by W. Sharpe
Replies: 33
Views: 3134

Re: "Indexed Investing: A Prosaic Way to Beat the Average Investor" by W. Sharpe

You don't have to assume that passive investors never trade. You only need to assume that they trade less often, on average, than active investors. Which seems entirely reasonable to me.
by telemark
Fri Apr 08, 2016 3:10 pm
Forum: Investing - Help with Personal Investments
Topic: Roth vs. Traditional 401k
Replies: 54
Views: 3653

Re: Roth vs. Traditional 401k

If the company match could go into Roth, then someone would need to pay taxes on it, which means that the amount due would need to be calculated, which means you would have to list it as taxable income when you file, even though if you are on a vesting schedule the money may only provisionally belon...
by telemark
Fri Apr 08, 2016 6:04 am
Forum: Personal Finance (Not Investing)
Topic: Apple letting you hide the stock app
Replies: 13
Views: 1664

Re: Apple letting you hide the stock app

Good idea.

"The stock market is a giant distraction from the business of investing" -- Jack Bogle
by telemark
Fri Apr 08, 2016 5:58 am
Forum: Investing - Help with Personal Investments
Topic: Foxbusiness: Why Taxes, Not Fees are Retirement Savers' Biggest Enemy
Replies: 32
Views: 3329

Re: Foxbusiness: Why Taxes, Not Fees are Retirement Savers' Biggest Enemy

DorchesterMa Welcome to the forum, and congratulations on being able to leave an inheritance. The Roth IRA is an excellent choice for many investors and you may well be one of them. The tax code is complex enough that it isn't the right choice for everyone all the time: many investors will be better...
by telemark
Thu Apr 07, 2016 2:55 pm
Forum: Personal Consumer Issues
Topic: Cruise trip - Money saving tips
Replies: 32
Views: 2539

Re: Cruise trip - Money saving tips

No personal experience with this, but I have heard of this "trap". [Perhaps others may know more]. Cruise passengers are told that if they use or display some kind of identification as a cruise passenger that they can get "discounts" from various merchants at shore stops. What a...
by telemark
Thu Apr 07, 2016 2:22 pm
Forum: Investing - Help with Personal Investments
Topic: Foxbusiness: Why Taxes, Not Fees are Retirement Savers' Biggest Enemy
Replies: 32
Views: 3329

Re: Foxbusiness: Why Taxes, Not Fees are Retirement Savers' Biggest Enemy

Expect thread to be locked soon, but Ed Slott has been pushing Roth IRAs forever based on his belief that taxes will be increasing significantly in the future. I don't agree with this assumption or his recommendation. If he's right, I pay more tax at some indistinct point in the future on my tradit...
by telemark
Thu Apr 07, 2016 12:30 pm
Forum: Investing - Help with Personal Investments
Topic: Foxbusiness: Why Taxes, Not Fees are Retirement Savers' Biggest Enemy
Replies: 32
Views: 3329

Re: Foxbusiness: Why Taxes, Not Fees are Retirement Savers' Biggest Enemy

Slott's last tip is to go Roth, because of the tax benefits for retirement savers. "In retirement you want to keep every cent you have. Years ago when I started there weren't Roths -- you had tax deffered like people have now, 401(K)s, IRAs and the taxing comes later. You'd be better positione...
by telemark
Wed Apr 06, 2016 5:44 pm
Forum: Investing - Help with Personal Investments
Topic: What to do when all 401k options are bad?
Replies: 7
Views: 415

Re: What to do when all 401k options are bad?

How good is the match? It's easy to estimate how much the fees cost you each year, and as long as the match is more than this you are ahead of the game, no matter how annoying it may be. Of course, as your balance increases the fees will eventually exceed even a generous match, which brings us to th...
by telemark
Wed Apr 06, 2016 4:40 am
Forum: Personal Consumer Issues
Topic: Sensory Deprivation Tanks
Replies: 23
Views: 2384

Re: Sensory Deprivation Tanks

If your magnesium levels are low the Epsom salts may help, but there are cheaper ways to fix that.
by telemark
Tue Apr 05, 2016 10:50 am
Forum: Investing - Help with Personal Investments
Topic: Approach to rebalancing 401k with contributions only
Replies: 5
Views: 400

Re: Approach to rebalancing 401k with contributions only

My 401k is managed through Fidelity. A few days before each paycheck is due, I log into the Fidelity web site and see if I want to change where the money is going. Most of the time no changes are needed. Unless the market has been very volatile all my new money goes into bonds anyway (the beginning ...
by telemark
Mon Apr 04, 2016 10:30 am
Forum: Investing - Theory, News & General
Topic: Things I'm Pretty Sure About
Replies: 22
Views: 4156

Re: Things I'm Pretty Sure About

No. It is not that investing is hard in a world of index funds. The industry (which is only about making money) must maintain the illusion that it is hard. If you can advance this fiction, then lots of clients will pay for your yacht and send your kids to college. The industry knows that indexing w...
by telemark
Tue Mar 29, 2016 3:51 pm
Forum: Personal Consumer Issues
Topic: Updates on the status of Linux
Replies: 70
Views: 4224

Re: Updates on the status of Linux

UEFI continues to be a problem for Linux--or, really, for any non-Microsoft OS. See http://www.howtogeek.com/175641/how-to-boot-and-install-linux-on-a-uefi-pc-with-secure-boot/ https://www.linux.com/learn/tutorials/821007-how-to-install-linux-on-a-windows-machine-with-uefi-secure-boot Your best bet ...
by telemark
Sun Mar 27, 2016 2:40 pm
Forum: Personal Consumer Issues
Topic: Can I stream music to a wifi speaker in another city?
Replies: 20
Views: 2323

Re: Can I stream music to a wifi speaker in another city?

There are lots of ways to stream music to speakers. The problem is the remote control, and qui ably summarizes the problems involved there. It isn't something that can't be solved, but there probably aren't a lot of pre-packaged solutions available because most people want to control speakers that a...
by telemark
Sat Mar 26, 2016 10:11 am
Forum: Personal Consumer Issues
Topic: What passive things you do beside investing??
Replies: 44
Views: 3662

Re: What passive things you do beside investing??

Not everything in life is a cut-throat competition against the most skilled professionals in the world. Investing is a little unusual that way. On the other hand, buying a car puts me against someone who sells cars for a living, so I prefer to do it as infrequently as possible.
by telemark
Fri Mar 25, 2016 1:21 pm
Forum: Investing - Theory, News & General
Topic: "What To Do With A Crummy 401k"
Replies: 4
Views: 1001

Re: "What To Do With A Crummy 401k"

If you stay in a bad plan for decades and the plan never improves, then the first point will indeed not work for you, and there are certainly people in this situation. But for most people, getting money into the market and shielded from taxes probably outweighs the small cost of a few years in a bad...
by telemark
Wed Mar 23, 2016 8:02 pm
Forum: Investing - Theory, News & General
Topic: "What To Do With A Crummy 401k"
Replies: 4
Views: 1001

Re: "What To Do With A Crummy 401k"

One other point. During the first few years of any new account where you do periodic investing, most of the growth will be the result of new contributions, so in that sense the expense ratios aren't as important as they become later on. And the expense ratio that really matters isn't the one for you...
by telemark
Wed Mar 23, 2016 1:43 pm
Forum: Investing - Theory, News & General
Topic: ‘Rich Dad’ author says the 2016 market collapse is coming
Replies: 47
Views: 6965

Re: ‘Rich Dad’ author says the 2016 market collapse is coming

Because no one else ever invests in the U.S. markets, only baby boomers.
by telemark
Mon Mar 21, 2016 3:55 pm
Forum: Personal Consumer Issues
Topic: Don't understand nutrition and exercise
Replies: 340
Views: 24552

Re: Don't understand nutrition and exercise

That definitely a gross oversimplification. Especially when you remove all traces of the original context (why are fad diets popular when they manifestly don't work) and substitute a new and entirely different context. And yes, not gaining weight is hard and may involve going hungry. That was sort ...
by telemark
Mon Mar 21, 2016 1:17 pm
Forum: Personal Consumer Issues
Topic: Don't understand nutrition and exercise
Replies: 340
Views: 24552

Re: Don't understand nutrition and exercise

On my "Top Ten" great mysteries and puzzlements in life is why millions of overweight/obese folks flock to follow (and often spend a lot of money) celebrities and other well publicized folks who have a well documented record of failure. Yet, folks and organizations that promote documented...
by telemark
Sun Mar 20, 2016 2:59 pm
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 1559
Views: 316892

Re: What Movie Have You Recently Watched?

Toons wrote:Crouching Tiger Hidden Dragon
Sword Of Destiny :happy

Who's going to pay for all these tables?
by telemark
Fri Mar 18, 2016 3:49 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 2897
Views: 604249

Re: U.S. stocks in freefall

riptide wrote:Is it still in freefall? Does it matter??

The market is a feather fluttering in the wind...
by telemark
Thu Mar 17, 2016 10:14 pm
Forum: Investing - Help with Personal Investments
Topic: Whether you call it rebalancing or market timing
Replies: 30
Views: 2517

Re: Whether you call it rebalancing or market timing

Sorry to be cranky earlier, it's been a bad day. I agree that what you're doing is reasonable, and much better than panicking in a down market.
by telemark
Thu Mar 17, 2016 2:55 pm
Forum: Investing - Help with Personal Investments
Topic: Whether you call it rebalancing or market timing
Replies: 30
Views: 2517

Re: Whether you call it rebalancing or market timing

Rebalancing is adjusting your allocation back to the predefined target, after your portfolio has drifted away from the target. Changing your target allocation is not rebalancing, it's changing your target allocation.
by telemark
Thu Mar 17, 2016 10:36 am
Forum: Investing - Theory, News & General
Topic: Is the market sentiment always in "bubble mode"?
Replies: 12
Views: 787

Re: Is the market sentiment always in "bubble mode"?

Stocks are too expensive and we complain when the price drops.
by telemark
Fri Mar 11, 2016 9:01 pm
Forum: Investing - Theory, News & General
Topic: The Elusive Rebalancing Bonus, An Analysis
Replies: 104
Views: 7366

Re: The Elusive Rebalancing Bonus, An Analysis

I disagree that there is ever a penalty. It's just that sometimes the reward comes in the form of reduced risk :D

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