Search found 883 matches

by z3r0c00l
Wed Aug 16, 2017 5:51 am
Forum: Personal Finance (Not Investing)
Topic: Due to 8 Year Bull Market, Pay Off Rental Now?
Replies: 33
Views: 3104

Re: Due to 8 Year Bull Market, Pay Off Rental Now?

The peace of mind that comes with lower or no debt is worth it for many of us. A 401K with no match and terrible options doesn't sound that great to me. Would continue to max out the good 401K no matter what, however.
by z3r0c00l
Mon Aug 14, 2017 6:57 pm
Forum: Investing - Help with Personal Investments
Topic: Dividend Paying stocks
Replies: 33
Views: 3109

Re: Dividend Paying stocks

arcticpineapplecorp. wrote:
Mon Aug 14, 2017 11:04 am
z3r0c00l wrote:
Mon Aug 14, 2017 6:25 am
2nd vote for Verizon.
Sorry to rain on your parade
Don't worry about my parade, I don't buy individual stocks or seek dividends in isolation from total return. :mrgreen:
by z3r0c00l
Mon Aug 14, 2017 6:25 am
Forum: Investing - Help with Personal Investments
Topic: Dividend Paying stocks
Replies: 33
Views: 3109

Re: Dividend Paying stocks

2nd vote for Verizon.
by z3r0c00l
Sun Aug 06, 2017 8:31 am
Forum: Investing - Theory, News & General
Topic: "Feds charge brokers in TSP fraud scheme"
Replies: 25
Views: 3117

Re: "Feds charge brokers in TSP fraud scheme"

People ineligible to join would pay and arm and leg to get into the TSP system and these folks are getting talked out of it! It is surprising that this is being treated as a crime because it is what the average adviser (e.g. at Chase bank) does on a daily basis including to my parents.
by z3r0c00l
Sun Aug 06, 2017 8:17 am
Forum: Investing - Help with Personal Investments
Topic: Why haven't my Series-I Savings Bonds increased in value?
Replies: 9
Views: 1488

Re: Why haven't my Series-I Savings Bonds increased in value?

You will see monthly changes but only after an initial delay of iirc 6 months. My iBond purchase from November last year has started showing monthly increases but it did not show them initially. One might expect them to not show any changes during the first year, since they cannot be redeemed within...
by z3r0c00l
Fri Aug 04, 2017 9:11 pm
Forum: Investing - Theory, News & General
Topic: Retreat to cash
Replies: 273
Views: 36512

Re: Retreat to cash

This thread has been quite valuable, just one more case of failed market timing and lost opportunities. There is no shame in avoiding stocks but there might be some shame in wanting to invest in stocks but not doing it properly.
by z3r0c00l
Fri Aug 04, 2017 6:44 am
Forum: Investing - Help with Personal Investments
Topic: Bond Fund Piñata
Replies: 27
Views: 2969

Re: Bond Fund Piñata

STAR is a needlessly complex mutual fund that also comes with ca. 3 times higher expenses than other Vanguard funds. But if you are stuck with it (e.g. in a 401K as the only good option) it surely is better than nothing. There is little reason to have more than total bond market and perhaps some kin...
by z3r0c00l
Fri Aug 04, 2017 6:29 am
Forum: Investing - Theory, News & General
Topic: Paul Singer Says Passive Investing Is ‘Devouring Capitalism’
Replies: 24
Views: 2636

Re: Paul Singer Says Passive Investing Is ‘Devouring Capitalism’

This recent series of stories about the horrors of passive investing feels like strong support that it works as expected. The palpable fear in the active industry speaks volumes. No less a person than Anthony Scaramucci was on a recent episode of Freakonomics to explain the wonderful services his il...
by z3r0c00l
Fri Aug 04, 2017 6:22 am
Forum: Investing - Theory, News & General
Topic: Dow up-Total Stock Market Index Fund Down??
Replies: 14
Views: 1188

Re: Dow up-Total Stock Market Index Fund Down??

Sadly the Dow will be reported on for years to come even though it arguably does not represent the market very well. Amazon added what, 100 billion in market cap this year? But the Dow did not have any exposure to that or other major changes in various stocks. There is also I think an important psyc...
by z3r0c00l
Thu Aug 03, 2017 9:46 pm
Forum: Investing - Theory, News & General
Topic: What am I missing? [Ultra-short bond vs Prime MM]
Replies: 50
Views: 5512

Re: What am I missing? [Ultra-short bond vs Prime MM]

You are correct that USB has a purpose, but for the return I would rather just get a CD or bank account. I own TBM for the bond allocation because I am not only worried about interest rate changes, but actually more worried (in the bond realm) about inflation. Inflation was real killer of bond inve...
by z3r0c00l
Thu Aug 03, 2017 6:30 am
Forum: Investing - Theory, News & General
Topic: What am I missing? [Ultra-short bond vs Prime MM]
Replies: 50
Views: 5512

Re: What am I missing? [Ultra-short bond vs Prime MM]

You are correct that USB has a purpose, but for the return I would rather just get a CD or bank account. I own TBM for the bond allocation because I am not only worried about interest rate changes, but actually more worried (in the bond realm) about inflation. Inflation was real killer of bond inves...
by z3r0c00l
Wed Aug 02, 2017 6:16 pm
Forum: Investing - Theory, News & General
Topic: VGSTX: Is Vanguard STAR Still A Star?
Replies: 22
Views: 3119

Re: VGSTX: Is Vanguard STAR Still A Star?

Got it early on in my Vanguard career but dumped it for funds with much lower fees. To my mind it is way too complicated, a big mix of various active and passive funds. .32 isn't quite exorbitant but for a Vanguard fund it is very high. The only selling point is the $1,000 minimum imho. Once you hav...
by z3r0c00l
Tue Aug 01, 2017 6:36 am
Forum: Investing - Help with Personal Investments
Topic: Say Bye Bye To Wells Fargo Advisors?
Replies: 30
Views: 2989

Re: Say Bye Bye To Wells Fargo Advisors?

On the plus side, you may wind up with some kind of auto insurance or a few extra bank accounts.
by z3r0c00l
Tue Aug 01, 2017 6:02 am
Forum: Investing - Theory, News & General
Topic: Has the "bond bubble" caused you to change your allocation?
Replies: 90
Views: 8874

Re: Has the "bond bubble" caused you to change your allocation?

Have always used shorter bond funds so this isn't a major concern. Bonds make me feel safer and I steadily increase the percentage of bonds over time. Having my 401K contributions at 30% bonds makes those bi-monthly purchases feel better than if they were only going to stock at a time like this. The...
by z3r0c00l
Wed Jul 26, 2017 6:39 am
Forum: Investing - Help with Personal Investments
Topic: Breaking up with my Financial Advisor
Replies: 56
Views: 4564

Re: Breaking up with my Financial Advisor

Sure have Vanguard do it if you want, but realize that your docile/passive personality has led you to this spot. Consider a chance for growth. Fire the advisor in person. Politely, but in person. There is something to be said for this. I was talked into an overpriced mutual fund as a brand-new inve...
by z3r0c00l
Tue Jul 25, 2017 7:41 am
Forum: Investing - Theory, News & General
Topic: John Bogle Has Been Right About Investing In International Stocks
Replies: 505
Views: 31223

Re: John Bogle Has Been Right About Investing In International Stocks

The fact that returns have been so different is a stronger case in favor of diversification internationally. I think that's only true if you expect that the mean returns will for the U.S. and the rest of the world will ultimately be equal over your investing horizon, unless you expect that internat...
by z3r0c00l
Sun Jul 23, 2017 10:28 pm
Forum: Investing - Theory, News & General
Topic: John Bogle Has Been Right About Investing In International Stocks
Replies: 505
Views: 31223

Re: John Bogle Has Been Right About Investing In International Stocks

The fact that returns have been so different is a stronger case in favor of diversification internationally.
by z3r0c00l
Sun Jul 23, 2017 6:10 am
Forum: Investing - Theory, News & General
Topic: Dividends vs buybacks
Replies: 60
Views: 2962

Re: Dividends vs buybacks

Yes imagine if Kodak only did share buybacks for those decades... today your shares would be worth some multiplier of zero. Dividends are only a problem because of current and arbitrary aspects of tax code. There is a valid reason why companies should pass profits directly through to shareholders ra...
by z3r0c00l
Sun Jul 09, 2017 8:11 am
Forum: Investing - Help with Personal Investments
Topic: Why Doesn't My 401(k) Pay Dividends?
Replies: 33
Views: 3072

Re: Why Doesn't My 401(k) Pay Dividends?

Same issue here, they no doubt secretly and without any transparency reinvest dividends and I just have to trust that they are doing it right. The funds only exist for 401ks, and no information can be found about them from a third party. This includes international which produces large dividends and...
by z3r0c00l
Sun Jun 11, 2017 8:22 am
Forum: Investing - Theory, News & General
Topic: Russell 2000 Pro's and Con's
Replies: 5
Views: 755

Re: Russell 2000 Pro's and Con's

This is the only small cap option in my 401k, which has no total market option but rather breaks things up by capitalization. Is it worth using a bit of the R2000 as part of the US asset allocation?
by z3r0c00l
Sat Jun 10, 2017 7:42 pm
Forum: Investing - Theory, News & General
Topic: Tell me a stock you like better than Google/Alphabet Right Now and Why
Replies: 101
Views: 7967

Re: Tell me a stock you like better than Google/Alphabet Right Now and Why

Altria Group inc. A mature company that returns profits to shareholders regularly with a very low PE ratio to boot. :shock: And most of their products are addictive so people can't stop buying.
by z3r0c00l
Thu Jun 01, 2017 6:27 am
Forum: Personal Finance (Not Investing)
Topic: Parental life insurance: Surrender or sell?
Replies: 11
Views: 1256

Re: Parental life insurance: Surrender or sell?

BruDude wrote:Sounds like he got what he wanted out of it, the good news is you didn't have to use it!


Very true!
by z3r0c00l
Wed May 31, 2017 5:56 pm
Forum: Personal Finance (Not Investing)
Topic: Parental life insurance: Surrender or sell?
Replies: 11
Views: 1256

Re: Parental life insurance: Surrender or sell?

This is helpful even though I don't seem to have all the needed info. I understand that my father locked into this premium rate for 10 years, 9.5 years ago, but that time period will lapse soon. Is it possible the lower premium is by virtue of consuming any value the policy had ? That could explain ...
by z3r0c00l
Tue May 30, 2017 9:00 pm
Forum: Personal Finance (Not Investing)
Topic: Parental life insurance: Surrender or sell?
Replies: 11
Views: 1256

Re: Parental life insurance: Surrender or sell?

Thanks for your help all. My laypersons impression is that this policy has little value, less than the surrender fee in any event. I have the annual report in hand and can list whatever few stats they provide there. Else I will have to have my father ask for more info. Unfortunately all other partie...
by z3r0c00l
Tue May 30, 2017 6:50 am
Forum: Personal Finance (Not Investing)
Topic: Parental life insurance: Surrender or sell?
Replies: 11
Views: 1256

Parental life insurance: Surrender or sell?

Hi all, thanks in advance for your help. Yes ago my father was sold an annuity, life insurance, and other items by an adviser who of course, took a massive commission on everything. Not going to undo the past or dwell on what those thousands would be worth today had they simply been invested in stoc...
by z3r0c00l
Mon Apr 17, 2017 6:16 am
Forum: Investing - Theory, News & General
Topic: Janus Unconstrained, almost three years in...
Replies: 27
Views: 3695

Re: Janus Unconstrained, almost three years in...

The .76% ER is positively cheap by Janus standards. It may feel like gloating but if it saves people money, why not. Once again it has been demonstrated that active management, even of bond funds, more often a scam than a boon to investors.
by z3r0c00l
Fri Apr 14, 2017 7:39 am
Forum: Investing - Theory, News & General
Topic: Is Bogle's investment style too aggressive?
Replies: 13
Views: 2837

Re: Is Bogle's investment style too aggressive?

A huge portion of the bond story is unknowable, many choices personal/subjective, and the rest probably doesn't matter. Muni bonds have an important role especially in taxable for those with a higher income. Corporate bonds are dubious over the alternative of some combination of stocks and treasuries.
by z3r0c00l
Tue Apr 11, 2017 6:37 am
Forum: Investing - Theory, News & General
Topic: Death of retail/malls to affect REITs?
Replies: 69
Views: 7171

Re: Death of retail/malls to affect REITs?

Shopping centers are soul-crushing, utilitarian places where you stop in to buy your shoes and get out as quickly as possible. Yeah nothing worse than efficiently getting what you need then getting back to life : ) Maybe that is why dudes like me don't make good mavens for the retail industry. We k...
by z3r0c00l
Fri Mar 24, 2017 7:02 am
Forum: Investing - Help with Personal Investments
Topic: Thoughts on ADR OTC stock??
Replies: 13
Views: 862

Re: Thoughts on ADR OTC stock??

Anything I should be concerned about with ADRs or OTCs? Tiny and illiquid, airline, Japan... all of these things are cause for concern. Tiny - NO. It's around $10B market cap (roughly half the size of AA or UAL). Illiquid - NO. Trades 15M shares daily on the Tokyo Exchange. YES on some foreign exch...
by z3r0c00l
Wed Mar 22, 2017 6:35 am
Forum: Investing - Help with Personal Investments
Topic: Thoughts on ADR OTC stock??
Replies: 13
Views: 862

Re: Thoughts on ADR OTC stock??

Tiny and illiquid, airline, Japan... all of these things are cause for concern. Buying this stock would be pure speculation, little more than gambling. Is the remote chance of doubling your money worth the risk of losing it all or more likely, seeing it smolder and decline to zero over a decade whil...
by z3r0c00l
Sat Mar 11, 2017 9:18 am
Forum: Investing - Help with Personal Investments
Topic: Is China In An Economic Bubble?
Replies: 26
Views: 1530

Re: Is China In An Economic Bubble?

Run, don't walk... Corruption, lack of transparency, and a government that makes arbitrary moves like banning short-selling for periods of time as if that would cool things down. Probably a good place to try and build a business empire during a period of economic liberalization, but investing from a...
by z3r0c00l
Sat Mar 11, 2017 9:01 am
Forum: Investing - Theory, News & General
Topic: Anyone sorry they used bonds when starting out
Replies: 94
Views: 7702

Re: Anyone sorry they used bonds when starting out

Actually bonds have done quite well since the mid 80's, the real regrets are probably yet to come. I regret not dropping my meager emergency fund, 15,000, in to the market in March 2009 when I was convinced things were near the bottom. Perhaps it was better not to have been so prescient as it would ...
by z3r0c00l
Wed Feb 22, 2017 6:58 pm
Forum: Investing - Theory, News & General
Topic: Bogleheads work BECAUSE its hard
Replies: 22
Views: 2816

Re: Bogleheads work BECAUSE its hard

It feels easy enough with a reasonably conservative AA!
by z3r0c00l
Tue Feb 21, 2017 6:47 pm
Forum: Investing - Theory, News & General
Topic: Why TBM (total bond market)?
Replies: 17
Views: 2639

Re: Why TBM (total bond market)?

Generally, increase bond allocation to short term when rates are anticipated to rise, and increase bond allocation to longer term when rates are anticipated to fall. Fairly easy. Of course, figuring out when rates are going to rise or fall is extremely hard, at least as hard as guessing when stocks...
by z3r0c00l
Fri Feb 17, 2017 7:50 am
Forum: Investing - Help with Personal Investments
Topic: Why own individual stocks?
Replies: 88
Views: 7753

Re: Why own individual stocks?

cheesepep wrote:I'm 100% individual stocks. I do it because I like doing so and I can (and do) beat the market.


"I beat the market." Anyone can by sheer luck, and some have, in the past. That makes no statement about the future.
by z3r0c00l
Sat Feb 11, 2017 10:19 am
Forum: Investing - Theory, News & General
Topic: Why don't stock prices go up on payday?
Replies: 43
Views: 3947

Re: Why don't stock prices go up on payday?

There are more up days than down days so, on average, stock prices do go up on paydays and every other weekday. 8-)
by z3r0c00l
Sun Feb 05, 2017 9:24 am
Forum: Investing - Help with Personal Investments
Topic: Stock gifted to me as a kid. Sell or hold?
Replies: 21
Views: 2075

Re: Stock gifted to me as a kid. Sell or hold?

Taxes are quite low now for long term capital gains, especially if you are in a lower tax bracket, it won't cost you all that much. If the company falters or even goes under, you could lose it all, that is an unacceptable risk. I would sell right away and put it to work in a more diversified investm...
by z3r0c00l
Fri Feb 03, 2017 8:55 am
Forum: Investing - Theory, News & General
Topic: Just watched Warren Buffett's new HBO Documentary
Replies: 50
Views: 7450

Re: Just watched Warren Buffett's new HBO Documentary

Billionaires get preferential deals especially during hard times. Consider the deal Buffett got for helping Bank of America during the recession: "In exchange [for $5 billion dollars], Berkshire Hathaway received $5 billion worth of preferred stock yielding 6% a year plus warrants to purchase 7...
by z3r0c00l
Mon Jan 30, 2017 9:14 pm
Forum: Investing - Theory, News & General
Topic: Stock market optimism
Replies: 38
Views: 4385

Re: Stock market optimism

That graph of the Nasdaq is pretty disturbing, up 330% from the recession low... But I could just as easily see us get another 1 - 3 years out of this run. If someone offered me a bet I would put $100 on the Dow never falling below 18,000 again. Wouldn't be shocked to see 30,000 before a correction ...
by z3r0c00l
Sun Jan 22, 2017 10:25 am
Forum: Investing - Theory, News & General
Topic: Dow crosses 20,000?
Replies: 28
Views: 3141

Re: Dow crosses 20,000?

Hasty numerology, doubly irrelevant. Would make sense for the Dow to split in half back to 10,000 , I think the larger numbers are turning away some investors. It wouldn't help. The divisor, 0.14602128057775 would go down to 0.07301064050, rounded to only ten significant figures 'cause that's all m...
by z3r0c00l
Sat Jan 21, 2017 10:58 pm
Forum: Investing - Theory, News & General
Topic: Dow crosses 20,000?
Replies: 28
Views: 3141

Re: Dow crosses 20,000?

Hasty numerology, doubly irrelevant. Would make sense for the Dow to split in half back to 10,000, I think the larger numbers are turning away some investors.
by z3r0c00l
Sat Jan 21, 2017 2:14 pm
Forum: Personal Consumer Issues
Topic: Getting my electricity usage under control
Replies: 34
Views: 4042

Re: Getting my electricity usage under control

Lower thermostat in the winter, use fans in the summer rather than AC, keep the fridge close to 40 degrees, and lower hot water temperature. The Jimmy Carter method, often overlooked.
by z3r0c00l
Sat Jan 21, 2017 1:25 pm
Forum: Investing - Help with Personal Investments
Topic: Better option than Vanguard Moneymarket
Replies: 14
Views: 1417

Re: Better option than Vanguard Moneymarket

https://personal.vanguard.com/us/funds/ ... IntExt=INT VBISX is pretty safe and may earn you about what a savings account does, less than a CD and of course more risky than either. If you are using it like an MM with lots of incoming and outgoing funds, things may get more complicated for tax record keeping.
by z3r0c00l
Fri Jan 20, 2017 8:38 am
Forum: Investing - Help with Personal Investments
Topic: Vital Mistake - Damage Control?
Replies: 16
Views: 3089

Re: Vital Mistake - Damage Control?

+1 vote for him leaving their service as soon as possible. The annual percentage will soon dwarf the front-end cost. Unfortunately I have caught my parents being taken advantage of by similar offers, annuities, etc. They are the prime target for young, mildly desperate financial planners with polish...
by z3r0c00l
Wed Jan 18, 2017 8:24 am
Forum: Investing - Theory, News & General
Topic: FED Raises Rates - Sky Falls! Bond Prices are UP!
Replies: 34
Views: 7141

Re: FED Raises Rates - Sky Falls! Bond Prices are UP!

Maybe some sanity will come back to interest rates. Money should have a cost similar to everything else that is worth having. The free ride for borrowers and blatant disrespect for savers does not equate to economic prosperity. It causes the dislocation of capital and adds unwarranted risk to the e...
by z3r0c00l
Sat Jan 07, 2017 8:18 pm
Forum: Investing - Help with Personal Investments
Topic: Anybody else Age - 10 in bonds, rest in stocks
Replies: 58
Views: 4920

Re: Anybody else Age - 10 in bonds, rest in stocks

Age - 10 in bonds with 5% increments, rounding up. Totally arbitrary but feels about right for comfort and glide path into retirement. Not planning to go past 50/50 at any age.

Nearly 35 yo, 75/25 though for the past 8 years it was a drag on return for sure.
by z3r0c00l
Sat Jan 07, 2017 8:16 pm
Forum: Investing - Theory, News & General
Topic: Forbes on Vanguard funds paying 4%+
Replies: 1
Views: 1166

Re: Forbes on Vanguard funds paying 4%+

Breaking apart income from total return is dubious. It would be interesting to see someone justify the very concept of being an income investor. Long bonds, risky bonds, and REITs are the predictable constituents of this list. 24 year maturity is no joke! However it is safe to say that BLV has had a...
by z3r0c00l
Fri Jan 06, 2017 9:30 am
Forum: Personal Finance (Not Investing)
Topic: Is driving for uber worth it for side money?
Replies: 67
Views: 12197

Re: Is driving for uber worth it for side money?

Much better to find extra hours at your current job or in the same field if possible, imho. I do about 10% extra per year (used to be 20% before a significant promotion) in my field through part time/consulting work. Helpful for that extra vacation per year and in all probability, early retirement o...
by z3r0c00l
Mon Jan 02, 2017 7:33 am
Forum: Investing - Help with Personal Investments
Topic: I-bonds
Replies: 41
Views: 6227

Re: I-bonds

Is the fixed rate so low because more people are purchasing i-bonds than in the past and so there is no need to attract new customers? Or is it more a reflection of the spread between other bonds and inflation?