Search found 4854 matches

by triceratop
Thu Nov 15, 2018 3:17 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Momentum Distinctions
Replies: 29
Views: 1704

Re: Larry Swedroe: Momentum Distinctions

I removed a number of personal attacks and OT comments. Please stick to discussion of ideas. Per the forum rules: This is a moderated forum. We expect this forum to be a place where people can feel comfortable asking questions and where debates and discussions are conducted in civil tones. Discussi...
by triceratop
Tue Nov 13, 2018 9:13 pm
Forum: Personal Finance (Not Investing)
Topic: 2018 Tax Time is upon us
Replies: 13
Views: 2455

Re: 2018 Tax Time is upon us

Downloaded TurboTax 2018 yesterday and started playing. The POSTCARD looks like a reality. All the stuff that used to go on form 1040 now goes on a 1040 worksheet and the key items on the worksheet go to line items on the POSTCARD . :twisted: (I edited the quotation for concision, it is now much sh...
by triceratop
Tue Nov 13, 2018 8:13 pm
Forum: Personal Consumer Issues
Topic: Recommend Chrome ad-blocker
Replies: 59
Views: 3383

Re: Recommend Chrome ad-blocker

On Adblock Plus they have a setting which allows what are considered safe / unobtrusive ads, or to block all ads. Does their "block all ads" setting only block all the ads they haven't separately pre-configured to be allowed? I ask because I have no idea but always wondered while using the product....
by triceratop
Tue Nov 13, 2018 4:42 pm
Forum: Personal Consumer Issues
Topic: Recommend Chrome ad-blocker
Replies: 59
Views: 3383

Re: Recommend Chrome ad-blocker

It's strange seeing so many recommendations for Adblock Plus given that they are literally being bribed to allow ads. This is not controversial, they advertise it . Many people share the view that there are no "good" ads. They don't want to see any ads at all. The unfortunate truth is that advertisi...
by triceratop
Mon Nov 12, 2018 3:24 pm
Forum: Personal Finance (Not Investing)
Topic: Doing taxes by hand
Replies: 83
Views: 4805

Re: Doing taxes by hand

The best thing about software taxes is the possible "what ifs" you can run. Try hat by hand, because many other calculations would have to be changed. The software does it all simultaneously. What Luddite wou,d do taxes by hand? To save $70. Meanwhile spendiing $70 worth of time and effort with the...
by triceratop
Fri Nov 09, 2018 1:27 pm
Forum: Investing - Theory, News & General
Topic: Best Finance/Stock Market Films
Replies: 34
Views: 1607

Re: Best Finance/Stock Market Films

Conch55 wrote:
Fri Nov 09, 2018 8:26 am
Trading Places, :happy
With the technical note that it had nothing to do with the stock market (instead, commodities futures), I agree. ;) Excellent movie for how trading works.
by triceratop
Fri Nov 09, 2018 12:40 pm
Forum: Personal Finance (Not Investing)
Topic: Calculating ROI for PhD
Replies: 86
Views: 4767

Re: Calculating ROI for PhD

For others seeking ROI calculation (Not the OP): If you are single and looking for an interesting future spouse with high earning potential, you are likely to meet another Ph.D. with these qualities in a Ph.D. program. Again, the ROI is incalculable. :) That is almost assuredly not true. In the Sci...
by triceratop
Thu Nov 08, 2018 6:32 pm
Forum: Investing - Theory, News & General
Topic: Do you prefer etfs or mutual funds?
Replies: 52
Views: 4673

Re: Do you prefer etfs or mutual funds?

Any reason why index mutual funds are better than etfs? Index ETFs are Index Mutual Funds. The anti-ETFers had to coin an entirely new name -- "TIFs" -- so that they could contrast their beloved products with ETFs. I started out with daily-liquidity mutual funds when I was 22 (so, it's not just old...
by triceratop
Thu Nov 08, 2018 1:02 am
Forum: Investing - Theory, News & General
Topic: Is VXUS better than VEA/VWO?
Replies: 8
Views: 2566

Re: Is VXUS better than VEA/VWO?

snip .... VXUS != VEA + VWO I would use only 1 fund. The rebalancing is automatic and free. You don't see a lot of people reconstructing a total market fund by using 9 funds of Small/Mid/Large Value/Blend/Growth either. The Total International fund does not rebalance to keep developed and emerging ...
by triceratop
Wed Nov 07, 2018 2:18 pm
Forum: Investing - Theory, News & General
Topic: II - The Wall Street Math Hustle
Replies: 19
Views: 2706

Re: 90-year study: Large-caps vs. Small-caps.

Bogleheads: I wonder how many small-cap advocates will read this: According to a 90-year study by Bessembinder, when buy-and-hold portfolios of stocks are sorted by beginning market cap and held for a decade, large-cap portfolio returns are higher (153 percent) than the mean returns for small-cap p...
by triceratop
Wed Nov 07, 2018 1:29 pm
Forum: Investing - Theory, News & General
Topic: Exceed Treasury Direct purchase limit? Answer inside!
Replies: 11
Views: 1218

Re: Exceed Treasury Direct purchase limit? Answer inside!

lol I thought I was coming in to read about someone purchasing like a trillion dollars in T bills The actual limit for non-competitive bids for T bills and the like is a mere five million dollars. Thought it was that limit being exceeded as well, lol. ^ Boglehead problems This is not really a big p...
by triceratop
Tue Nov 06, 2018 2:01 pm
Forum: Investing - Theory, News & General
Topic: II - The Wall Street Math Hustle
Replies: 19
Views: 2706

Re: II - The Wall Street Math Hustle

...indeed, the requirement — today is for firms to use scientific language and notation to nourish the idea that they’ve proved mathematically that there’s a way to systematically beat the market. Hahaha :oops: . As someone who actually uses math and reads/understands/disbelieves/occasionally write...
by triceratop
Tue Nov 06, 2018 11:53 am
Forum: Personal Finance (Not Investing)
Topic: High Earners - What's Your Profession?
Replies: 702
Views: 113444

Re: High Earners - What's Your Profession?

How about answering the question posed? I did? I gave my profession. Whatever...One talent that is correlated with success is communication ability. Good luck to you. I think you're taking this more seriously than I am. I'm sorry if I offended you by my playful reminder that we are all very well of...
by triceratop
Tue Nov 06, 2018 11:00 am
Forum: Personal Finance (Not Investing)
Topic: High Earners - What's Your Profession?
Replies: 702
Views: 113444

Re: High Earners - What's Your Profession?

Cruise wrote:
Tue Nov 06, 2018 10:57 am
How about answering the question posed?
I did? I gave my profession.
by triceratop
Tue Nov 06, 2018 10:28 am
Forum: Personal Finance (Not Investing)
Topic: High Earners - What's Your Profession?
Replies: 702
Views: 113444

Re: High Earners - What's Your Profession?

Good point. Okay, to be more helpful, I'll share. I'm in the top 1% by income. My profession: STEM Ph.D. student. Are you saying that as a student, you have income that places you in the top 1% of all wage-earners in the USA? Or, are you adding in trust fund or lottery-winning revenue? Some STEM Ph...
by triceratop
Tue Nov 06, 2018 1:13 am
Forum: Personal Finance (Not Investing)
Topic: High Earners - What's Your Profession?
Replies: 702
Views: 113444

Re: High Earners - What's Your Profession?

Keenobserver wrote:
Mon Nov 05, 2018 10:31 pm
Would really like to revive this thread instead of starting a new one. Not sure why some are so reluctant to share exact numbers as we are supposedly ananomyous.
Good point. Okay, to be more helpful, I'll share. I'm in the top 1% by income. My profession: STEM Ph.D. student.
by triceratop
Mon Nov 05, 2018 4:18 pm
Forum: Investing - Help with Personal Investments
Topic: re: current treasuries
Replies: 3
Views: 336

Re: re: current treasuries

It looks a little off, so maybe stale data source. There is always (throughout the day when the bond market is open) current information here: https://www.bloomberg.com/markets/rates ... t-bonds/us
by triceratop
Sun Nov 04, 2018 5:28 pm
Forum: Personal Finance (Not Investing)
Topic: Calculating ROI for PhD
Replies: 86
Views: 4767

Re: Calculating ROI for PhD

I must just be confused because I was responding to this statement by KlangFool:
The University will always take your money. They do not care whether you can graduate.
by triceratop
Sun Nov 04, 2018 4:45 pm
Forum: Personal Finance (Not Investing)
Topic: Calculating ROI for PhD
Replies: 86
Views: 4767

Re: Calculating ROI for PhD

1) What do you have at this moment? Bachelor Degree? Master degree? In many cases, the Ph.D. will not provide additional income if you have a master degree now. I have a Bachelor of Arts. magnificent, <<I'm weighing the ROI of a PhD in human factors and systems engineering,>> Are you kidding? Bache...
by triceratop
Sat Nov 03, 2018 1:56 pm
Forum: Investing - Theory, News & General
Topic: iShares ETFs vs. Vanguard's Inv Grade Bond Index Funds
Replies: 4
Views: 594

Re: iShares ETFs vs. Vanguard's Inv Grade Bond Index Funds

IGSB and IGIB are exclusively corporate bond funds while the equivalent-duration Vanguard funds listed are not. So, the answer to your question is "credit risk".
by triceratop
Fri Nov 02, 2018 7:58 pm
Forum: Investing - Help with Personal Investments
Topic: Have my first busted trades today
Replies: 33
Views: 3189

Re: Have my first busted trades today

I don't follow how the OPs issue "demonstrates the problems with ETFs". Couldn't he have had a the exact same problem trying to place mutual fund orders shortly before the close? Yes. But most ETF users know this so they don't use it as a strawman to attack mutual funds with solely-daily liquidity ...
by triceratop
Fri Nov 02, 2018 7:46 pm
Forum: Investing - Help with Personal Investments
Topic: Have my first busted trades today
Replies: 33
Views: 3189

Re: Have my first busted trades today

I don't follow how the OPs issue "demonstrates the problems with ETFs". Couldn't he have had a the exact same problem trying to place mutual fund orders shortly before the close? Yes. But most ETF users know this so they don't use it as a strawman to attack mutual funds with solely-daily liquidity ...
by triceratop
Fri Nov 02, 2018 7:11 pm
Forum: Investing - Help with Personal Investments
Topic: Have my first busted trades today
Replies: 33
Views: 3189

Re: Have my first busted trades today

OP, it was clear to me what "move" meant. This yet again shows the dangers of ETFs that I was concerned about here. https://www.bogleheads.org/forum/viewtopic.php?f=10&t=261818 If you have all ETFs , you don't need to worry about trying to trade like mutual funds. Trade like ETFs, with marketable l...
by triceratop
Fri Nov 02, 2018 1:38 pm
Forum: Personal Consumer Issues
Topic: Engineering school
Replies: 66
Views: 4842

Re: Engineering school

This topic has been moved to the Personal Consumer Issues forum.

I would agree that UIUC, Northwestern, and Michigan are solid schools for EECS. Especially UIUC. Is this for undergraduate or graduate school? In the latter case research areas may matter a great deal more and limit your best options.
by triceratop
Fri Nov 02, 2018 12:35 pm
Forum: Investing - Theory, News & General
Topic: What is an "advanced" investor?
Replies: 34
Views: 2573

Re: What is an "advanced" investor?

One thing that distinguishes an advanced investor from a novice investor is, perhaps, an understanding that enhanced knowledge of how financial markets function and the assumptions embedded in prices with their concomitant risks does not necessarily lead one to better investing outcomes, if one chan...
by triceratop
Fri Nov 02, 2018 12:33 pm
Forum: Investing - Help with Personal Investments
Topic: Have my first busted trades today
Replies: 33
Views: 3189

Re: Have my first busted trades today

I really don't understand why anyone uses ETF's for long term investing. With mutual funds you just put in orders before the deadline and the next day they have happened. No need to worry about bid/ask spreads (which i cant imagine are very significant). With mutual funds you do give up some certai...
by triceratop
Thu Nov 01, 2018 9:19 pm
Forum: Investing - Theory, News & General
Topic: New Factor Funds vs Regular SCV tilting
Replies: 10
Views: 1145

Re: New Factor Funds vs Regular SCV tilting

1) Why is this described as "active," rather than saying "we calculate our own in-house index daily, so that we can track it daily, rather than following an index provider's index that is reconstituted quarterly?" If they said that, someone would probably ask: 1) Why is this described as "we calcul...
by triceratop
Wed Oct 31, 2018 4:57 pm
Forum: Personal Finance (Not Investing)
Topic: Calculating ROI for PhD
Replies: 86
Views: 4767

Re: Calculating ROI for PhD

For others seeking ROI calculation (Not the OP): If you are single and looking for an interesting future spouse with high earning potential, you are likely to meet another Ph.D. with these qualities in a Ph.D. program. Again, the ROI is incalculable. :) Note: if one pursues this strategy, then ther...
by triceratop
Wed Oct 31, 2018 4:42 pm
Forum: Investing - Theory, News & General
Topic: Market Performance
Replies: 9
Views: 785

Re: Market Performance

This is well understood: Do Stock Prices Move Too Much to be Justified by Subsequent Changes in Dividends? -- Robert Shiller [1980] The mistake is in thinking you need to care about short-term market movement as a long-term investor hoping to capture earnings growth and shareholder return. I didn't ...
by triceratop
Wed Oct 31, 2018 1:56 pm
Forum: Investing - Help with Personal Investments
Topic: Is it okay to use backdoor Roth if ultimately below income limits?
Replies: 20
Views: 1107

Re: Is it okay to use backdoor ROTH if ultimately below income limits?

Let's focus on helping the OP understand better the strategy s/he is considering rather than critique how we each are helping them. And please, avoid personal attacks per the forum rules
by triceratop
Wed Oct 31, 2018 12:00 pm
Forum: Personal Finance (Not Investing)
Topic: Calculating ROI for PhD
Replies: 86
Views: 4767

Re: Calculating ROI for PhD

Great thread; youve gotten a lot of useful comments here. I was very naive in my 20s and never considered ROI when pursuing a PhD. I was a dreamer, an idealist, not at all pragmatic. I ended up spending way too much time in grad school, and now looking back in the rearview mirror, I incontrovertibl...
by triceratop
Wed Oct 31, 2018 9:57 am
Forum: Investing - Theory, News & General
Topic: Tax Loss Harvesting from ETF to Mutual Fund
Replies: 18
Views: 1260

Re: Tax Loss Harvesting from ETF to Mutual Fund

Or one could have a preference against high-variance outcomes and choose markets where the spread is tighter, so one ensures that one is not the one who is ripped off.
by triceratop
Tue Oct 30, 2018 4:01 pm
Forum: Personal Consumer Issues
Topic: Who has gotten the most value out of a car?
Replies: 48
Views: 3220

Re: Who has gotten the most value out of a car?

Bought a 2001 Honda Civic with ~280k miles for $500... Insurance has averaged ~$650/yr... That insurance rate is steep for what I trust is just liability. I'm guessing you live in Michigan. I used to live in Ann Arbor and the insurance was awful. I'm in California. Perhaps my low age has something ...
by triceratop
Tue Oct 30, 2018 3:33 pm
Forum: Investing - Theory, News & General
Topic: Is the growing national debt a reason to diversify with international?
Replies: 33
Views: 3398

Re: Is the growing national debt a reason to diversify with international?

... - there are recurrent debt ceiling crises between the Legislative and the Executive - this can lead to "technical defaults" (but has not, yet) ... If I may, there was nothing technical about the threatened default. Any failure to pay in full on time is a full-fledged default, and doesn't take a...
by triceratop
Tue Oct 30, 2018 3:04 pm
Forum: Investing - Theory, News & General
Topic: ETF provider State Street unintentionally promotes traditional index funds
Replies: 38
Views: 2739

Re: ETF provider State Street unintentionally promotes traditional index funds

ETF's are much more portable then Mutual Funds, which is why I went with them. I can trade my Ishares ETF portfolio for free at Vanguard, Merrill Edge, Fidelity, M1 Finance. If I have Vanguard Admiral Shares..my only real option is the Vanguard platform. If I ever want to leave them, I am kinda out...
by triceratop
Tue Oct 30, 2018 2:43 pm
Forum: Investing - Theory, News & General
Topic: ETF provider State Street unintentionally promotes traditional index funds
Replies: 38
Views: 2739

Re: ETF provider State Street unintentionally promotes traditional index funds

It's going to put a major cramp in ETF-basher's style if ETFs ever only refers to mostly vanilla stock/bond investment company funds rather than all the crazy ETPs that critics like to lump in with ETFs.
by triceratop
Tue Oct 30, 2018 2:21 pm
Forum: Personal Consumer Issues
Topic: Who has gotten the most value out of a car?
Replies: 48
Views: 3220

Re: Who has gotten the most value out of a car?

Bought a 2001 Honda Civic with ~280k miles for $500. I have driven it for 4 years. Insurance has averaged ~$650/yr and my gas mileage has been ~32mpg.

Tough to beat. Of course, it has no AC.
by triceratop
Tue Oct 30, 2018 11:33 am
Forum: Personal Finance (Not Investing)
Topic: Calculating ROI for PhD
Replies: 86
Views: 4767

Re: Calculating ROI for PhD

Don't get a PhD for the ROI. Do it so you can study what you want and never have a boss. Yep. I could make multiples what I do currently in grad school, but I wouldn't be able to work on nearly the kinds of interesting algorithms, math, or science that I can as a grad student. I spent 2 weeks almos...
by triceratop
Tue Oct 30, 2018 11:13 am
Forum: Investing - Theory, News & General
Topic: ETF provider State Street unintentionally promotes traditional index funds
Replies: 38
Views: 2739

Re: ETF provider State Street unintentionally promotes traditional index funds

One more problem with ETFs is their pricing relative to NAV. I am not sure whether as an individual investor I can buy/sell them to my advantage. What if I buy at a premium and sell at a discount to NAV, that adds to the cost? I was trying to convert my VNQI to Admiral shares and found that Vanguar...
by triceratop
Tue Oct 30, 2018 10:35 am
Forum: Personal Finance (Not Investing)
Topic: Calculating ROI for PhD
Replies: 86
Views: 4767

Re: Calculating ROI for PhD

Don't get a PhD for the ROI. Do it so you can study what you want and never have a boss. Yep. I could make multiples what I do currently in grad school, but I wouldn't be able to work on nearly the kinds of interesting algorithms, math, or science that I can as a grad student. I spent 2 weeks almos...
by triceratop
Tue Oct 30, 2018 10:15 am
Forum: Investing - Theory, News & General
Topic: ETF provider State Street unintentionally promotes traditional index funds
Replies: 38
Views: 2739

Re: ETF provider State Street unintentionally promotes traditional index funds

There are costs to buy and hold ETFs that go beyond expense ratios and commissions. These include bid-ask spreads, execution cost, creation and redemption fees, etc. You would think an ETF provider wouldn't advertise those costs, but that's exactly what State Street Global is doing in their new ETF...
by triceratop
Tue Oct 30, 2018 10:13 am
Forum: Investing - Theory, News & General
Topic: ETF provider State Street unintentionally promotes traditional index funds
Replies: 38
Views: 2739

Re: ETF provider State Street unintentionally promotes traditional index funds

Using Vanguard ETF's also allows for easier tax loss harvesting in my taxable account. I can sell VTI and immediately see how much I money to have to buy ITOT. I actually don't see an advantage there. If I'm TLH'ing, and care about the exact dollar amount I'm working with, that is much simpler with...
by triceratop
Mon Oct 29, 2018 7:34 pm
Forum: Personal Consumer Issues
Topic: Ancestry DNA changed my background
Replies: 32
Views: 4389

Re: Ancestry DNA changed my background

I removed some off-topic comments. Please remember, even as you hang out near the water cooler, to keep the forum family-friendly.
by triceratop
Sun Oct 28, 2018 2:25 pm
Forum: Personal Consumer Issues
Topic: Honda Odyssey which trim level
Replies: 9
Views: 1023

Re: Honda Odyssey which trim level

This topic is now moved to the Personal Consumer Issues forum.
by triceratop
Sat Oct 27, 2018 9:18 pm
Forum: Personal Consumer Issues
Topic: How many miles (total) on car before buying another car ?
Replies: 114
Views: 7160

Re: How many miles (total) on car before buying another car ?

I own a Honda Civic with over 300k miles on it. I do not worry about it being stolen -- who steals such an obviously old (18 years) car? If it is stolen, I also have not lost much money. In my friend group it also yields a car which can travel to less nice parts of the city with my friends who own a...
by triceratop
Sat Oct 27, 2018 8:32 pm
Forum: Investing - Theory, News & General
Topic: Evaluating Tax Efficiency of Index Funds and ETFs
Replies: 7
Views: 591

Re: Evaluating Tax Efficiency of Index Funds and ETFs

Triceratop, Is there a publicly available number (perhaps morningstar’s tax cost ratio?) that’s an approximation of tax efficiency? Is there a sample calculation for how you calculated tax efficiency? Thanks in advance. scrp21: I use Morningstar to get a rough idea of a fund's tax-efficiency. If yo...
by triceratop
Sat Oct 27, 2018 8:07 pm
Forum: Investing - Theory, News & General
Topic: Evaluating Tax Efficiency of Index Funds and ETFs
Replies: 7
Views: 591

Re: Evaluating Tax Efficiency of Index Funds and ETFs

Triceratop, Is there a publicly available number (perhaps morningstar’s tax cost ratio?) that’s an approximation of tax efficiency? Is there a sample calculation for how you calculated tax efficiency? Thanks in advance. There is my number which is publicly available. Morningstar's numbers are famou...
by triceratop
Sat Oct 27, 2018 7:30 pm
Forum: Investing - Theory, News & General
Topic: Evaluating Tax Efficiency of Index Funds and ETFs
Replies: 7
Views: 591

Re: Evaluating Tax Efficiency of Index Funds and ETFs

I'm having a hard time understanding the data behind the rankings. What data is causing you trouble? Is your question the following? But I am having a hard time putting this all together so that I can quantitatively compare the tax efficiency of, for example, IXUS versus FTIPX using Fidelity's webs...
by triceratop
Sat Oct 27, 2018 6:42 pm
Forum: Investing - Help with Personal Investments
Topic: Help with Tax Loss Harvesting for VWO
Replies: 21
Views: 1506

Re: Help with Tax Loss Harvesting for VWO

Qs 1: I am planning to sell VWO for TLH and buy some other IndexFund/MF. Please advise if it is a good idea? Will appreciate some ETF/ Vanguard MF recommendations! Is VTIAX or VXUS good option? I would not consider those appropriate. Developed and Emerging markets can behave much differently. I woul...
by triceratop
Fri Oct 26, 2018 5:06 pm
Forum: Investing - Help with Personal Investments
Topic: Best Total International Stock ETF
Replies: 16
Views: 1223

Re: Best Total International Stock ETF

We may be dancing on the head of a needle between the two funds. There are differences between the funds which consistently have yielded better after-tax returns. I see no reason to advocate ignoring that, as you appear to be doing. Hi triceratop - Not ignoring but really questioning how material t...