Search found 694 matches

by AtlasShrugged?
Sun Sep 29, 2019 6:32 am
Forum: Personal Consumer Issues
Topic: Best intro to Python programming?
Replies: 21
Views: 2975

Re: Best intro to Python programming?

Bogleheads....Is Code Academy a good starting resource?

If you had to organize a learning sequence (e.g. a home-based curriculum), what would that be?
by AtlasShrugged?
Sun Sep 29, 2019 6:24 am
Forum: Personal Finance (Not Investing)
Topic: Fidelity rewards Visa, affiliate data sharing.
Replies: 11
Views: 1640

Re: Fidelity rewards Visa, affiliate data sharing.

hickory....The correct answer to your question is to read the T&C of the credit card. It is all there in black & white. I have the Fidelity Visa card. I am very happy with it. I have deposited north of 1K into my Roth, and now deposit monies into my taxable account. Some advice....in today's digital...
by AtlasShrugged?
Sun Sep 29, 2019 6:19 am
Forum: Personal Finance (Not Investing)
Topic: HSA & Patient Assistance Programs
Replies: 6
Views: 388

HSA & Patient Assistance Programs

Bogleheads....Maybe someone knows the answer to this question. I know that you can't have an HSA when you have Medicare. I get that, although I really do not understand why someone on Medicare Part A and on an employer HC plan should not be able to participate in an HSA. But does an HSA plan preclud...
by AtlasShrugged?
Thu Sep 12, 2019 8:28 am
Forum: Investing - Theory, News & General
Topic: How and where to invest for a 92-year-old?
Replies: 20
Views: 1700

Re: How and where to invest for a 92-year-old?

Lovn...Here is an alternative suggestion, way outside the box: Implement Prime Harvesting with a 20/80 allocation (TSM/Tot US bond). When money is very, very tight, Prime Harvesting does a pretty good job conserving capital. PH is not a magical silver bullet. The wild card is when your Dad moves to ...
by AtlasShrugged?
Thu Sep 12, 2019 8:19 am
Forum: Personal Finance (Not Investing)
Topic: Using automatic rebalance feature in Fidelity 401K: Optimal Frequency
Replies: 11
Views: 881

Using automatic rebalance feature in Fidelity 401K: Optimal Frequency

Bogleheads...quick question. My 401K administered through Fidelity has a nifty automatic rebalance feature. I am going to use it. Given the choice between weekly, monthly, quarterly, semi-annual or annual automatic rebalance: Which frequency would you opt for and why? I distinctly recall a thread he...
by AtlasShrugged?
Tue Sep 03, 2019 12:14 pm
Forum: Investing - Theory, News & General
Topic: Which criteria should one consider when choosing between gold and commodities?
Replies: 26
Views: 1723

Re: Which criteria should one consider when choosing between gold and commodities?

Personally, I look for easy fungibility. Meaning, I gotta be able to sell it when I want to sell it. Pretty much gold fits that bill, and has historically. Full disclosure: 7% of my overall portfolio is in physical gold and silver. I typically buy a 1-oz bar of gold when I do buy. It is my SHTF insu...
by AtlasShrugged?
Tue Sep 03, 2019 12:10 pm
Forum: Investing - Theory, News & General
Topic: Does having children hurt net worth?
Replies: 47
Views: 2151

Re: Does having children hurt net worth?

investor3000.....There is a very straightforward quantitative answer to your question: Yes.

Like others, I don't measure the 'cost' for my children; I measure their impact.

My children are both works in-progress (as are we all).
by AtlasShrugged?
Thu Aug 15, 2019 6:08 am
Forum: Investing - Theory, News & General
Topic: What happens if Treasury yields become negative?
Replies: 6
Views: 1010

Re: What happens if Treasury yields become negative?

Bogleheads...I asked this same question three years ago (2016). That thread addressed what to do if bonds have a negative return. The list of things to do below is gleaned from that thread. 1. Pay off debt (a totally riskless return) 2. Keep physical cash 3. Look for a CD that pays out positive inte...
by AtlasShrugged?
Wed Aug 14, 2019 8:30 am
Forum: Investing - Theory, News & General
Topic: What to do if bonds have negative returns?
Replies: 70
Views: 11406

Re: What to do if bonds have negative returns?

Bogleheads...I am seeing more threads on bonds. This thread addressed what to do if bonds have a negative return. Enjoy. 1. Pay off debt (a totally riskless return) 2. Keep physical cash 3. Look for a CD that pays out positive interest 4. TIPS 5. E-series bonds 6. I-series bonds 7. Buy gold 8. Prepa...
by AtlasShrugged?
Sun Aug 04, 2019 5:33 am
Forum: Investing - Theory, News & General
Topic: Will stocks be cheap again in your lifetime?
Replies: 33
Views: 3993

Re: Will stocks be cheap again in your lifetime?

Do you believe stocks will be cheap again as in 1982 / 2009; or will the experience of the 2010s put a "floor" under how low (U.S.) stocks go?
Post title seems a little 'click baity'. The answer is: Yes, after the next crash. When that crash happens is anyone's guess.
by AtlasShrugged?
Mon Jul 08, 2019 10:53 am
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: The Historical Imperative For International Diversification
Replies: 347
Views: 21566

Re: Larry Swedroe: The Historical Imperative For International Diversification

Has anyone ever changed their mind from one of these threads? Answer: I have. Specific to Mr. Swedroe, I thought his 'Perfect Storm' series of articles back in 2015/16 was instructive for me, behaviorally. Really helped me stay the course and not react to the market (at the time). Time has rewarded...
by AtlasShrugged?
Mon Jul 08, 2019 10:45 am
Forum: Investing - Theory, News & General
Topic: Americans believe they need $1.7 million, on average, to retire
Replies: 284
Views: 31879

Re: Americans believe they need $1.7 million, on average, to retire

Let's try to make this more actionable. That 1.7MM number might be what they think they need, but I think ignores objective reality. The objective reality is that the overwhelming majority of people will retire with far less than 1.7MM. It is this group I would like the Bogleheads to address - those...
by AtlasShrugged?
Mon Jul 08, 2019 10:35 am
Forum: Investing - Theory, News & General
Topic: Calculation of SS difference between working to 62 but delay withdrawls until 70 vs working until 70
Replies: 12
Views: 1297

Re: Calculation of SS difference between working to 62 but delay withdrawls until 70 vs working until 70

I know enough about first and second bends to be dangerous, but it appears that it won't have a huge effect on the $3,497 (age 70) amount, but I'd like to get this nailed down as much as possible. For the record, I'm 53 and plan on retiring at 62 but not drawing SS until age 70. The Finance Buff al...
by AtlasShrugged?
Mon Jul 08, 2019 6:30 am
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: The Historical Imperative For International Diversification
Replies: 347
Views: 21566

Re: Larry Swedroe: The Historical Imperative For International Diversification

For me, it really came down to the 'All the Retirement Nest Eggs in One Basket' argument. So I have a 25% allocation in int'l, that is drifting to a 30% allocation over time. It seems foolhardy to think that the US will replicate the 20th century performance in the 21st century. History is not stati...
by AtlasShrugged?
Mon Jul 08, 2019 6:17 am
Forum: Personal Investments
Topic: Asset allocation for a 68 year old Retiree
Replies: 16
Views: 2763

Re: Asset allocation for a 68 year old Retiree

How are you supposed to know what is right for you? Tatala, this is the 64K question. All of us ask the same question, so you are not alone. Here are some things to think about. One, do you have a written plan (an Investment Policy Statement)? If you do not, get started immediately. The Wiki is ver...
by AtlasShrugged?
Mon Jul 01, 2019 6:06 am
Forum: Investing - Theory, News & General
Topic: Ric Edelman's view on the stock market
Replies: 27
Views: 4458

Re: Ric Edelman's view on the stock market

2) some people are willing to pay the higher fees for perceived value. They apparently think his firm offers enough service to justify the fees. To each their own, don’t attack Mercedes for making expensive cars attack the people who choose to blow their money on Mercedes. 3) Edelman will serve any...
by AtlasShrugged?
Sat Jun 29, 2019 7:51 am
Forum: Investing - Theory, News & General
Topic: Great lecture series for those interested in Financial Theory and Portfolio Construction
Replies: 8
Views: 1424

Re: Great lecture series for those interested in Financial Theory and Portfolio Construction

Mr. Swedroe....Thanks so much for posting this. Nice to see you back here. On a personal note, I just want to thank you for your contributions here. You personally have increased my knowledge of investing, portfolio construction with your books and articles. So thank you for this, because my life is...
by AtlasShrugged?
Sat Jun 29, 2019 7:46 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 3822
Views: 353284

Re: U.S. stocks continue to soar!

Gosh it (June 2019) was good month....Up 6.6% overall for the month. :happy
by AtlasShrugged?
Sat Jun 29, 2019 7:44 am
Forum: Investing - Theory, News & General
Topic: Times when a financial planner can help
Replies: 18
Views: 1908

Re: Times when a financial planner can help

Here is another scenario where I think a financial planner can help: To purchase access (via their fees) to services one would not otherwise have (estate planning, trusts, help with behavioral issues, having a written IPS, etc.). Cognitive decline is a scary one. I guess one way to try and mitigate ...
by AtlasShrugged?
Thu Jun 27, 2019 8:47 am
Forum: Investing - Theory, News & General
Topic: Zero Interest Rates Forever...if true, is it actionable?
Replies: 25
Views: 3315

Re: Zero Interest Rates Forever...if true, is it actionable?

This got me to wondering...if this turns out to be true, and the U.S. is heading for zero interest rates forever.... is it actionable? Frank2012...In a word, " Yes " How so? Well for starters, if you know that interest rates are permanently lower, this would affect withdrawal rates. Namely, your sa...
by AtlasShrugged?
Tue Jun 04, 2019 6:36 am
Forum: Investing - Theory, News & General
Topic: How did you all do in the month of May, 2019
Replies: 126
Views: 11414

Re: How did you all do in the month of May, 2019

So you just shrug it off? In a word: Yes. It is one month. In looking at my portfolio, in the last 48 months, there have been 8 months with a loss (of varying degrees). And forty (yes 40) where my overall portfolio gained. Not stressing over it. To be fair though, I am in the accumulation stage. I ...
by AtlasShrugged?
Mon Jun 03, 2019 7:04 am
Forum: Investing - Theory, News & General
Topic: How did you all do in the month of May, 2019
Replies: 126
Views: 11414

Re: How did you all do in the month of May, 2019

Down 2.9%.....BFD. I just take it in stride.
by AtlasShrugged?
Tue May 14, 2019 7:07 am
Forum: Investing - Theory, News & General
Topic: When does it make sense to have an FA?
Replies: 4
Views: 484

When does it make sense to have an FA?

Bogleheads....A question for the group. When does it make sense to have a financial/investment advisor manage your investments (or a portion thereof) for you? Please assume the FA/Investment advisor is a fiduciary, and would sign an agreement to that effect. Reasons I came up with: help mitigate cog...
by AtlasShrugged?
Tue May 07, 2019 6:41 am
Forum: Investing - Theory, News & General
Topic: Equity funds for taxable accounts
Replies: 23
Views: 3091

Re: Equity funds for taxable accounts

Bogleheads....Is a target date index fund good for a taxable account? I have FXIXF (Fidelity Freedom Index fund 2030). I was going for the ultimate in simplicity, but am wondering if I hurt myself taxwise.
by AtlasShrugged?
Sat May 04, 2019 11:05 am
Forum: Investing - Theory, News & General
Topic: "Vanguard Patented a Way to Avoid Taxes on Mutual Funds"
Replies: 140
Views: 10359

Re: How ETFs use "Heartbeats" to wash-out gains

The actionable component of this thread is thus: If you plan on holding Mutual fund shares of an index fund in a taxable brokerage account, Vanguard's structure is by far the most tax efficient in the industry. If you are willing to hold ETF shares, look at the tax efficiency of the ETFs you have a...
by AtlasShrugged?
Sat May 04, 2019 10:19 am
Forum: Investing - Theory, News & General
Topic: "Vanguard Patented a Way to Avoid Taxes on Mutual Funds"
Replies: 140
Views: 10359

Re: How ETFs use "Heartbeats" to wash-out gains

From the May 1 article: Here’s how it works: Vanguard attaches a more tax-efficient ETF to an existing mutual fund.
This is one part I don't understand. Attach? Huh?
by AtlasShrugged?
Sat May 04, 2019 9:41 am
Forum: Investing - Theory, News & General
Topic: "Vanguard Patented a Way to Avoid Taxes on Mutual Funds"
Replies: 140
Views: 10359

Re: How ETFs use "Heartbeats" to wash-out gains

Wait...Can a really smart Boglehead explain WTH a 'heartbeat' transaction is, so a second grader could understand it? This just seems like a financial 'sleight of hand' where value somehow just disappears. Poof! The value is gone. Wouldn't the IRS get irritated? If it is such a good thing, why doesn...
by AtlasShrugged?
Fri May 03, 2019 6:48 am
Forum: Investing - Theory, News & General
Topic: “If Some Part Of Your Portfolio Isn’t Performing Poorly, You Are Not Properly Diversified”
Replies: 34
Views: 2887

Re: “If Some Part Of Your Portfolio Isn’t Performing Poorly, You Are Not Properly Diversified”

Perhaps the concept of 'portfolio' is part of the issue here. What is your portfolio? I have two 401K plans I actively contribute to. It is a part of my portfolio. 100%, no debate. I have a Roth IRA I contribute to. It is a part of my portfolio. 100%, no debate. I have a taxable account I will short...
by AtlasShrugged?
Fri May 03, 2019 6:34 am
Forum: Investing - Theory, News & General
Topic: Do You Believe 10 Years Return Data Is Just Noise?
Replies: 57
Views: 3928

Re: Do You Believe 10 Years Return Data Is Just Noise?

RandomWalker....No, 10 years of data is not simply noise, to the individual investor. Example: First 10 years of retirement, Years 1-5 have a negative real return of 3% annually, then 0% real for years 6-10. My retirement is screwed because of sequence of return risk. That ain't just noise....it is ...
by AtlasShrugged?
Sat Apr 27, 2019 7:16 am
Forum: Investing - Theory, News & General
Topic: Re-Examining an assumption: 45% bonds in retirement?
Replies: 95
Views: 12561

Re: Re-Examining an assumption: 45% bonds in retirement?

OP here....I very much appreciate the discussion. It helps me clarify HOW to think about this issue. Now, if the current low real yields are more of a wake-up call for you to more carefully ponder about long-term risks, then I think you are onto something worth pondering about. siamond...Yes, you ha...
by AtlasShrugged?
Tue Apr 23, 2019 9:12 am
Forum: Investing - Theory, News & General
Topic: Re-Examining an assumption: 45% bonds in retirement?
Replies: 95
Views: 12561

Re: Re-Examining an assumption: 45% bonds in retirement?

Theoretically, a long term low interest rate regime on the bond side would be (and has been) good for stocks. If you have lower expected return on the bond side, the market should gravitate toward stocks. Yes....and the double whammy is that not only are bonds returning less in real terms, the stoc...
by AtlasShrugged?
Tue Apr 23, 2019 5:47 am
Forum: Investing - Theory, News & General
Topic: Re-Examining an assumption: 45% bonds in retirement?
Replies: 95
Views: 12561

Re: Re-Examining an assumption: 45% bonds in retirement?

The point of buying bonds isn't for their return, it's for their price stability. That is partly true; Mr. Larimore states bonds help you sleep at night. They do. My issue is this. Bonds currently return roughly 0.5% to 1% real. Historically, they have returned double that. In a 30 year retirement,...
by AtlasShrugged?
Mon Apr 22, 2019 11:02 am
Forum: Investing - Theory, News & General
Topic: Re-Examining an assumption: 45% bonds in retirement?
Replies: 95
Views: 12561

Re: Re-Examining an assumption: 45% bonds in retirement?

Any chance of a link? I tried searching and couldn't find it. Sadly, no. But I won't forget it anytime soon. :happy To be fair, it did cause some controversy. A few Bogleheads objected to the post, so any traces of the now infamous 'Grape Brick' post on the bogleheads.org site have been removed. My...
by AtlasShrugged?
Mon Apr 22, 2019 10:54 am
Forum: Investing - Theory, News & General
Topic: Re-Examining an assumption: 45% bonds in retirement?
Replies: 95
Views: 12561

Re: Re-Examining an assumption: 45% bonds in retirement?

Admiral....helpful link. I have seen it before. Thx for re-posting.
by AtlasShrugged?
Mon Apr 22, 2019 7:47 am
Forum: Investing - Theory, News & General
Topic: Re-Examining an assumption: 45% bonds in retirement?
Replies: 95
Views: 12561

Re: Re-Examining an assumption: 45% bonds in retirement?

So, my advice is keep your retirement fixed income allocation in the moderate range as you near or are in retirement. Done't worry too much about fixed income yield -- more on the fixed income amount/percentage. Dandy....By all means, please tell me more. BTW, your very humorous post from some time...
by AtlasShrugged?
Sun Apr 21, 2019 10:18 am
Forum: Investing - Theory, News & General
Topic: Re-Examining an assumption: 45% bonds in retirement?
Replies: 95
Views: 12561

Re: Re-Examining an assumption: 45% bonds in retirement?

In other words, how does the drag on total portfolio return due to lower bond yields affect SWR?
Thank you....and I am looking forward to the answers as well.
by AtlasShrugged?
Sun Apr 21, 2019 8:05 am
Forum: Investing - Theory, News & General
Topic: Re-Examining an assumption: 45% bonds in retirement?
Replies: 95
Views: 12561

Re: Re-Examining an assumption: 45% bonds in retirement?

It's not clear how to analyze this. The drop would be an additional 10% of your portfolio (35% instead of 25%), but your portfolio would likely be larger at the start of the bear market because gliding to 70% instead of 50% gave you higher returns. This was helpful = comparison of relative drop in ...
by AtlasShrugged?
Sun Apr 21, 2019 6:55 am
Forum: Investing - Theory, News & General
Topic: The Fundamental Axioms / Laws / Principles of Investing
Replies: 30
Views: 1876

Re: The Fundamental Axioms / Laws / Principles of Investing

If you do not do anything, nothing will happen.
Everything starts there.
by AtlasShrugged?
Sun Apr 21, 2019 6:45 am
Forum: Investing - Theory, News & General
Topic: Re-Examining an assumption: 45% bonds in retirement?
Replies: 95
Views: 12561

Re-Examining an assumption: 45% bonds in retirement?

Bogleheads....My IPS has me on a glidepath to 45% bonds (currently 21%) over the next 9 years. But I am wondering about something. The historical yield on bonds is much higher than current returns, and yields do not seem likely to approach historical levels anytime soon. I cannot predict the future,...
by AtlasShrugged?
Mon Apr 08, 2019 1:46 pm
Forum: Investing - Theory, News & General
Topic: Bengen Floor & Ceiling Withdrawal Method
Replies: 12
Views: 1753

Re: Bengen Floor & Ceiling Withdrawal Method

That said, some of the strategies that often perform better than Bengen's Floor-to-ceiling are McClung's EM, longinvest's VPW, and just using the IRS RMD tables. You'll notice that all three of the "stronger" strategies take advantage of "how much time you've got left". The basic idea is that withd...
by AtlasShrugged?
Fri Apr 05, 2019 5:22 am
Forum: Personal Finance (Not Investing)
Topic: Follow-up on college engineering thread (computational v CS v Berkeley IEOR)
Replies: 77
Views: 4586

Re: Follow-up on college engineering thread (computational v CS v Berkeley IEOR)

physiorol....I do not know if you'd consider an East Coast school, but if so....take a look at Drexel University (Philadelphia). Their engineering programs are excellent, and they have paid co-ops for their students. Note: My son is a graduate of Drexel (Undergrad, and Grad). The price is pretty sti...
by AtlasShrugged?
Sat Mar 30, 2019 7:13 am
Forum: Personal Finance (Not Investing)
Topic: Primer on Paying Taxes With a Credit Card
Replies: 86
Views: 13522

Re: Primer on Paying Taxes With a Credit Card

whodidntante...Great post! I use my Fidelity Visa card and get 2% of my balance dumped into my Roth. And yes, I try to time the payment with a bonus offer, so that dumps even a little more into the Roth.

I've noticed that not very many people in my social circle use CCs to pay their tax debt.
by AtlasShrugged?
Sat Mar 30, 2019 7:04 am
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: ‘Passive’ Market Efficiency Works
Replies: 27
Views: 2538

Re: Larry Swedroe: ‘Passive’ Market Efficiency Works

The problem with that hypothesis is that the data do not support it. Volatility in the markets has not increased as the proportion of stocks that are held in passive index funds has increased. Willthrill81....I've read your posts for some time now, and have learned a lot by reading them. Your post ...
by AtlasShrugged?
Tue Mar 26, 2019 9:11 am
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: ‘Passive’ Market Efficiency Works
Replies: 27
Views: 2538

Re: Larry Swedroe: ‘Passive’ Market Efficiency Works

Can anyone elaborate the logic behind this? I will. My thinking was this: As we have fewer and fewer active investors who are engaged in price discovery, the market reaction to what they discover will be more volatile. In today's environment, we are inundated with 'price discovery'. My supposition ...
by AtlasShrugged?
Tue Mar 26, 2019 7:06 am
Forum: Investing - Theory, News & General
Topic: Submit questions for Allan Roth, my next "Bogleheads on Investing" podcast guest
Replies: 22
Views: 2449

Re: Submit questions for Allan Roth, my next "Bogleheads on Investing" podcast guest

Hi Mr. Ferri.....Thanks for conducting these podcasts. They are informative. My question for Mr. Roth, regarding investment advice. In our lives, we subject many things to what I call the 'reasonableness test'. Meaning, does it pass our own definition of reasonable. In evaluating investment advice, ...
by AtlasShrugged?
Tue Mar 26, 2019 6:31 am
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: ‘Passive’ Market Efficiency Works
Replies: 27
Views: 2538

Re: Larry Swedroe: ‘Passive’ Market Efficiency Works

The active pie is shrinking. There will be fewer of them around as this plays out. Wouldn't this shrinking of the 'active' portion of the pie lead to higher volatility? With a smaller pool of people engaging in price discovery, would it not follow that the market reaction to 'price discoveries' wil...
by AtlasShrugged?
Fri Mar 22, 2019 3:30 pm
Forum: Investing - Theory, News & General
Topic: The $4,026,858.95 Car or a Worry-Free Retirement?
Replies: 245
Views: 13945

Re: The $4,026,858.95 Car or a Worry-Free Retirement?

The easiest way to save money for retirement is to own an inexpensive automobile. Mr. Larimore....Would this reasoning also extend to a house? I would think so. But want to hear what your thoughts are. Example: Buy a smallish house in a really nice neighborhood can cost big bucks. You pay for the z...
by AtlasShrugged?
Fri Mar 22, 2019 7:02 am
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Capitalism Vs. Socialism
Replies: 28
Views: 3695

Re: Larry Swedroe: Capitalism Vs. Socialism

I'm saying they don't seem to really know. They sure ACT like they know. But they don't really know. None of us do. It is true, HomerJ. I think even Mr. Swedroe has said as much: Our Crystal Ball is cloudy, at best . Investing is an imperfect science, despite our best efforts to make it precise. Th...
by AtlasShrugged?
Fri Mar 22, 2019 6:44 am
Forum: Investing - Theory, News & General
Topic: Finance Books sequence
Replies: 14
Views: 1057

Re: Finance Books sequence

Living off your Money, Michael McClung - this would be a good addition after you read both Boglehead guides, and Swedroe's book. There is a LOT in there to digest.
by AtlasShrugged?
Mon Mar 18, 2019 10:17 am
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Capitalism Vs. Socialism
Replies: 28
Views: 3695

Re: Larry Swedroe: Capitalism Vs. Socialism

One other takeaway from that article (Thanks Dave!).....Better think about increasing your emerging markets allocation. That 10-year return forecast does not look especially promising for the US and Developed countries.