Search found 385 matches

by jrbdmb
Fri Oct 11, 2019 8:15 am
Forum: Investing - Theory, News & General
Topic: A great example of single stock risk
Replies: 51
Views: 5205

Re: A great example of single stock risk

To be honest, anyone who invests in utilities would never go near PG&E. It is in a hopeless situation in possibly the worst regulatory climate in the country. This is a well known fact and nothing new. Right. I mean, you’ve got to really not be paying attention not to know PCG has been in bankruptc...
by jrbdmb
Fri Oct 11, 2019 8:07 am
Forum: Investing - Theory, News & General
Topic: A great example of single stock risk
Replies: 51
Views: 5205

Re: A great example of single stock risk

I don't know that I have ever heard or seen any advice saying to invest in only one stock. Not invest in nothing but one stock, but employee stock purchase plans and management stock option/RSU plans implicitly urge people to invest significantly in only one stock. Most employers don't suggest that...
by jrbdmb
Mon Sep 16, 2019 8:31 am
Forum: Investing - Theory, News & General
Topic: Is the 60/40 portfolio allocation strategy being killed?
Replies: 141
Views: 13096

Re: Is the 60/40 portfolio allocation strategy being killed?

I think these lines from the article are key: If you want capital gains, the opportunities will be there… but not in a passive index strategy. You will need active management and expert managers. If your investment advisor simply has you in a 60/40 portfolio and tells you that “we are invested for t...
by jrbdmb
Mon Sep 09, 2019 9:52 am
Forum: Investing - Theory, News & General
Topic: Allan Roth: Why Risk-Profile Questionnaires Don’t Work
Replies: 48
Views: 3618

Re: Allan Roth: Why Risk-Profile Questionnaires Don’t Work

In today's Intelligent Investor column in the WSJ, "Knowing if You Can Stomach the Next Big Market Swing," Jason Zweig discusses risk tolerance quizzes and research on how FAs tailor AAs in various ways, rather inconsistently, to the same risk tolerance at times. He concludes, "The best guide to wh...
by jrbdmb
Wed Sep 04, 2019 12:25 pm
Forum: Personal Investments
Topic: Is this a real strategy?
Replies: 17
Views: 1856

Re: Is this a real strategy?

First, yes, as others have suggested, buying individual dividend paying stocks is a real stratagy. I think it is a poor stratagy but you can find many threads here that support it. Second, I am going to critique your critique. It is heavily based on hindsight analysis that GE has fallen by 40%. In ...
by jrbdmb
Wed Sep 04, 2019 11:17 am
Forum: Personal Finance (Not Investing)
Topic: HELP! New Job Offer Freezes 401k Contributions for 1 year, Alternatives?
Replies: 20
Views: 1583

Re: HELP! New Job Offer Freezes 401k Contributions for 1 year, Alternatives?

I have a job offer for a new firm. It is more money but they don't allow 401k contributions for the first year. I ran the numbers and not being allowed to contribute $19,000 for a whole year ends up costing ~$146,000 in 30 years. Are there alternatives I can use to make up for losing that contribut...
by jrbdmb
Tue Aug 27, 2019 10:20 am
Forum: Personal Consumer Issues
Topic: Anyone disenchanted with retirement?
Replies: 306
Views: 44708

Re: Anyone disenchanted with retirement?

My informal polling suggests that around 10-15% of folks end up being not happy with retirement. Why is that? No doubt that individual situations differ, but an overly simplified way of looking at it is that having a plan is crucial. Expecting to wake up to unicorns and rainbows on retirement day #...
by jrbdmb
Tue Aug 13, 2019 12:49 pm
Forum: Investing - Theory, News & General
Topic: [Vanguard ongoing glitches, August 12-13, 2019]
Replies: 256
Views: 16334

Re: Another Day With Vanguard.Com Down

Perhaps the "fee wars" are reaching their logical conclusion. I know I'm only speaking for myself, but If the expense ratios for common funds like VTSAX (Vanguard Total Stock Market Index Fund Admiral) have to increase from 0.04% to say 0.06% to allow for a better online and customer support experie...
by jrbdmb
Mon Aug 12, 2019 3:56 pm
Forum: Investing - Theory, News & General
Topic: threshold for paying debt
Replies: 41
Views: 2796

Re: threshold for paying debt

The depreciation is immaterial as you bear that cost regardless of whether you have a loan. You will get numerous opinions on the threshold to pay off debt. There are some that abhor debt to the point that they would pay off all debt if the interest rate were zero or even negative. Others are not b...
by jrbdmb
Mon Aug 12, 2019 3:40 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 12296
Views: 2102988

Re: U.S. stocks in free fall

Hello free fall thread, my old friend. :| This is almost a soaring market considering the "news". I'm watching a CNBC talking head as I type; he says buy the dip. This has happened often enough recently that I fear that it's time for Mr. Market to shows us that buying the dip doesn't always work.
by jrbdmb
Mon Aug 05, 2019 1:18 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 12296
Views: 2102988

Re: U.S. stocks in free fall

livesoft wrote:
Mon Aug 05, 2019 9:42 am
Hmm, does anybody think today might be an RBD for some things? :twisted:
We just had three RBDs if you're a Red Sox fan. Monday can't be much worse. :?
by jrbdmb
Fri Jul 26, 2019 8:02 am
Forum: Personal Investments
Topic: What to do in a crash
Replies: 65
Views: 7008

Re: What to do in a crash

So, in a crash, what do you do? The answer is "nothing" or "rebalance," but that's an incomplete answer. What you want to do to be ready "in a crash" is what you do right now , which is to create and to stick with your investment plan. https://www.bogleheads.org/wiki/Investment_policy_statement If ...
by jrbdmb
Wed Jul 24, 2019 4:57 pm
Forum: Personal Finance (Not Investing)
Topic: Pay college fees from UTMA or 529 account first?
Replies: 9
Views: 477

Re: Pay college fees from UTMA or 529 account first?

If financial aid is a consideration, note that any UTMA balance is considered the student's asset, of which 25% is expected to be used each year for education. In comparison, the 529 is an asset of the parent or guardian, and only 5% is expected to be used each year for education. So using the UTMA...
by jrbdmb
Wed Jul 24, 2019 11:32 am
Forum: Personal Finance (Not Investing)
Topic: Pay college fees from UTMA or 529 account first?
Replies: 9
Views: 477

Re: Pay college fees from UTMA or 529 account first?

If financial aid is a consideration, note that any UTMA balance is considered the student's asset, of which 20% is expected to be used each year for education. In comparison, the 529 is an asset of the parent or guardian, and only 5.64% is expected to be used each year for education. So using the UT...
by jrbdmb
Mon Jul 22, 2019 2:31 pm
Forum: Investing - Theory, News & General
Topic: Is using the yield curve to market time a successful strategy?
Replies: 7
Views: 623

Re: Is using the yield curve to market time a successful strategy?

Just for fun I just did a search for a "yield curve mutual fund." After all, if we have a specific event (yield curve inversion) that reliably predicts another event (recession) then a fund that modifies its holdings based on the yield curve should be successful. However, I found no such funds. So e...
by jrbdmb
Mon Jul 22, 2019 2:21 pm
Forum: Personal Investments
Topic: Bonds: all munis in taxable account?
Replies: 18
Views: 1690

Re: Bonds: all munis in taxable account?

I use municipal bonds in my taxable accounts for: - The obvious federal tax savings. - Lowering income has an advantage in obtaining college financial aid. - Lowering income helps me remain fully qualified for federal tax breaks on EE savings bond interest. - Lowering income helps me remain fully qu...
by jrbdmb
Mon Jul 22, 2019 2:07 pm
Forum: Personal Finance (Not Investing)
Topic: Wife (teacher) and I are trying for a baby. What are some "must-knows" and other tips?
Replies: 122
Views: 9234

Re: Wife (teacher) and I are trying for a baby. What are some "must-knows" and other tips?

Obviously a baby at any time is a blessing, but I would try to avoid having a child in September / October. Once they reach school age you then have a choice to either (1) send them to Kindergarten and First Grade when they are first eligible and have them be the youngest in the class, or (2) hold t...
by jrbdmb
Mon Jul 15, 2019 10:54 am
Forum: Personal Investments
Topic: Would you exchange VTSAX to VTI ??
Replies: 42
Views: 3545

Re: Would you exchange VTSAX to VTI ??

Would you prefer to pay more money or less money for exactly the same investment? Personally.....call me crazy.....I like paying less money. I also accept RSUs at work and any raise that might come my way. VTSAX and VTI are the same. Yes, I would swap them to save even $3 on over $2MM . But I still...
by jrbdmb
Mon Jul 15, 2019 10:39 am
Forum: Personal Investments
Topic: Would you exchange VTSAX to VTI ??
Replies: 42
Views: 3545

Re: Would you exchange VTSAX to VTI ??

I moved money to Vanguard ETFs when I opened an account at Merrill Edge, since ETF transactions cost me $0 vs. $20 for the corresponding Vanguard mutual funds. But at Vanguard itself? I prefer to keep it simple, not have to think about fractional shares / bid-ask spread / premium-discount, and if I ...
by jrbdmb
Tue Jul 09, 2019 5:48 pm
Forum: Personal Consumer Issues
Topic: (Tall) Buyer Beware: Honda Accord.
Replies: 73
Views: 7060

Re: (Tall) Buyer Beware: Honda Accord.

I had a similar problem with the new Accord. Ceiling too low even on lowest seat setting. Anything but LX or Sport 1.5 takes a big chunk out of headroom with the non-optional sunroof. This can apply even to much larger vehicles. I had to search far and wide to find a F-150 with leather (my one luxu...
by jrbdmb
Tue Jul 09, 2019 2:58 pm
Forum: Investing - Theory, News & General
Topic: US and INTL Returns
Replies: 18
Views: 2234

Re: US and INTL Returns

Hi Garland, a lot of the debate over future expected returns of US stocks depends upon how expensive people believe US Stocks to be. There was an interesting Twitter thread a few weeks ago which showed that US stocks are not expensive versus ex-US when the overall valuation is corrected for each se...
by jrbdmb
Tue Jul 09, 2019 2:47 pm
Forum: Personal Consumer Issues
Topic: Recommendations for binoculars
Replies: 34
Views: 1842

Re: Recommendations for binoculars

If you don't want to spend a ton for binoculars with IS (image stabilization) you are best served sticking to 8.5x magnification or lower. All of the above recommendations are good, I've had good luck with Vanguard Endeavor binoculars (mine is 8x42) and may cost less than comparable Pentax and Nikon...
by jrbdmb
Tue Jul 09, 2019 1:25 pm
Forum: Personal Finance (Not Investing)
Topic: Umbrella Insurance - Cautionary Tale
Replies: 22
Views: 2326

Re: Umbrella Insurance - Cautionary Tale

An insurance agent posted a thread mentioning you should max out every aspect of your car insurance. Umbrella policy is an excellent idea too. I'm sure I can also find plenty of threads where insurance agents advocate maxing out whole life insurance policies. Doesn't mean it's a great idea for ever...
by jrbdmb
Mon Jul 01, 2019 4:18 pm
Forum: Personal Finance (Not Investing)
Topic: Healthcare Nightmare after wife's surgery
Replies: 84
Views: 7733

Re: Healthcare Nightmare after wife's surgery

However, as a question to the group, I find myself perplexed by the insurance not paying a bill because they think it is not reasonable. Does that mean any random out of network doctor can charge anything and the patient is on the hook? How does this work with Medicare - in a normal setting, I have...
by jrbdmb
Mon Jul 01, 2019 4:07 pm
Forum: Investing - Theory, News & General
Topic: Fidelity Freedom Index Funds Increase International Exposure
Replies: 15
Views: 1855

Re: Fidelity Freedom Index Funds Increases International Exposure

So what do Fidelity (and Vanguard) believe that a high percentage of Bogleheads don't?

viewtopic.php?f=10&t=283844

Oh no, another "why international" thread! :oops:
by jrbdmb
Mon Jul 01, 2019 9:00 am
Forum: Personal Investments
Topic: Invest Down Payment Short Term
Replies: 6
Views: 478

Re: Invest Down Payment Short Term

Thank you for all your responses. I am currently invested in VUSXX but I also have a CD currently giving me a Tax Adjusted Yield of 2.298% and I can add to it at anytime and it matures in March 2019 which is perfect for me. However I am allowed only 100K in the CD. VUSXX is currently giving a Tax A...
by jrbdmb
Fri Jun 28, 2019 7:50 am
Forum: Personal Finance (Not Investing)
Topic: BOA Credit Card Linked to Merrill for 2.625%
Replies: 53
Views: 4020

Re: BOA Credit Card Linked to Merrill for 2.675%

BTW, the Preferred Rewards tier ($20K / $50K / $100K) is based on average balance for the past three months, so if your balance is high enough you don't actually have to wait three full months to qualify. Interesting - have you experienced this yourself? This seems consistent with what I read on th...
by jrbdmb
Thu Jun 27, 2019 12:48 pm
Forum: Personal Investments
Topic: Vanguard VTEB tax exempt bond as 1-5 year savings
Replies: 6
Views: 711

Re: Vanguard VTEB tax exempt bond as 1-5 year savings

As noted, the chart posted above picked a specific time frame (November 2017 through October 2018) where VTEB did particularly poorly due to spiking interest rates. If you adjust the same chart to cover a different period or 5Y VTEB finishes well ahead of VMSXX. Now this *doesn't* mean pick VTEB ove...
by jrbdmb
Thu Jun 27, 2019 11:25 am
Forum: Personal Consumer Issues
Topic: Suggestions regarding towns/cities to retire (in 48 states)
Replies: 17
Views: 2333

Re: Suggestions regarding towns/cities to retire (in 48 states)

West University Place, TX. I would add that college towns in general might be worth looking into. In general more compact / less sprawl to accommodate college students and usually more cultural / entertainment options than other towns of similar size. But isn't West University Place, TX (outside of...
by jrbdmb
Wed Jun 26, 2019 3:12 pm
Forum: Personal Finance (Not Investing)
Topic: BOA Credit Card Linked to Merrill for 2.625%
Replies: 53
Views: 4020

Re: BOA Credit Card Linked to Merrill for 2.675%

Are you sure I need a BOA checking acct too? I really don’t want another acct Yes I think it is a requirement, but if you have enough money in Merrill Edge (are they calling it just Merrill now?) to qualify for Preferred Rewards that account should be free with no minimum balance. I think I keep ab...
by jrbdmb
Wed Jun 26, 2019 12:38 pm
Forum: Investing - Theory, News & General
Topic: Dave Ramsey says to give up employer 401K match to pay down debt
Replies: 148
Views: 8943

Re: Dave Ramsey says to give up employer 401K match to pay down debt

He has always said this. Probably for 30 years. People focus way too much on the details and miss the forest. Focusing on paying off the debt as fast as possible, increasing income and selling stuff will far outweigh the small amount of match money. It's really not a big deal as we are talking max ...
by jrbdmb
Wed Jun 26, 2019 12:29 pm
Forum: Personal Finance (Not Investing)
Topic: BOA Credit Card Linked to Merrill for 2.625%
Replies: 53
Views: 4020

Re: BOA Credit Card Linked to Merrill for 2.675%

That's why I switched to Premium Rewards so I could just get a statement credit. It does have a $95 AF, but includes travel insurance, a $100 credit for airline incidentals (food, baggage fees), 10 Priority Pass visits a year , and TSA-pre credit if you need that. Worth it for me. Are you sure abou...
by jrbdmb
Wed Jun 26, 2019 11:20 am
Forum: Personal Finance (Not Investing)
Topic: BOA Credit Card Linked to Merrill for 2.625%
Replies: 53
Views: 4020

Re: BOA Credit Card Linked to Merrill for 2.675%

They have a Cash Rewards card that gives you straight cash back 3.5% on groceries, and 5.25% on a rotating category of your choice (includes travel, online shopping, and gas), but only 1.75% on general spending. I am hoping they will give me both cards. If not, I will do the BOA Cash Rewards card f...
by jrbdmb
Wed Jun 26, 2019 11:04 am
Forum: Personal Finance (Not Investing)
Topic: BOA Credit Card Linked to Merrill for 2.625%
Replies: 53
Views: 4020

Re: BOA Credit Card Linked to Merrill for 2.675%

I had the Travel Rewards card for about a year. It was fine as far as earning the 2.625%, it's just that I have other cards that I use now for travel (Premium Rewards that includes travel insurance, Hilton Honors card for hotels, a corporate card for business travel) that made it more of a pain to r...
by jrbdmb
Wed Jun 26, 2019 10:38 am
Forum: Investing - Theory, News & General
Topic: Dave Ramsey says to give up employer 401K match to pay down debt
Replies: 148
Views: 8943

Re: Dave Ramsey now says to give up employer 401K match to pay down debt

I know the owner of a small business, maybe 100 employees. He says that only 10 percent of the employees in this business take advantage of the 401K matching. If that is true then that is crazy. Until just now and this thread every thing I have ever heard or read says that you should take advantage...
by jrbdmb
Wed Jun 26, 2019 10:22 am
Forum: Investing - Theory, News & General
Topic: Dave Ramsey says to give up employer 401K match to pay down debt
Replies: 148
Views: 8943

Re: Dave Ramsey now says to give up employer 401K match to pay down debt

I know the owner of a small business, maybe 100 employees. He says that only 10 percent of the employees in this business take advantage of the 401K matching . If that is true then that is crazy. Until just now and this thread every thing I have ever heard or read says that you should take advantag...
by jrbdmb
Wed Jun 26, 2019 10:15 am
Forum: Investing - Theory, News & General
Topic: Dave Ramsey says to give up employer 401K match to pay down debt
Replies: 148
Views: 8943

Re: Dave Ramsey now says to give up employer 401K match to pay down debt

This definitely isn't new advice from Dave Ramsey. Unfortunately, it's terrible advice; advice which I followed when first getting started in the adult world, about 10 years ago. I still regret not getting the match on my 401K contributions when I was paying off debt at that time. 5% match, out the...
by jrbdmb
Wed Jun 26, 2019 10:00 am
Forum: Investing - Theory, News & General
Topic: Excluding International All Together?
Replies: 82
Views: 9603

Re: Excluding International All Together?

https://static.seekingalpha.com/uploads/2018/1/6/1112099-15152555787477798.png US has certainly been on a good run since 2010, but the idea of US perpetual dominance is not supported by the facts. I wonder what types of US vs. ex-US threads would have been on Bogleheads in 1990? Funny, to me that c...
by jrbdmb
Wed Jun 26, 2019 9:11 am
Forum: Investing - Theory, News & General
Topic: Dave Ramsey says to give up employer 401K match to pay down debt
Replies: 148
Views: 8943

Dave Ramsey says to give up employer 401K match to pay down debt

Dave Ramsey now says to give up the employer 401K match to pay down debt: https://finance.yahoo.com/news/employer-401-k-match-pay-110014543.html Rather than just start another Dave Ramsey flame-fest, are there really any circumstances where one should skip the 50% or 100% match on their 401K contrib...
by jrbdmb
Tue Jun 25, 2019 3:50 pm
Forum: Investing - Theory, News & General
Topic: RIP to value investing...
Replies: 44
Views: 5971

Re: RIP to value investing...

https://www.cnbc.com/2019/06/21/is-value-investing-dead-it-might-be-and-heres-what-killed-it.html And yes, I realize that CNBC is just noise... Maybe you need to read a thread from the glass-is-half-full side ... Small Cap Value Heads Rejoice !!! https://www.bogleheads.org/forum/viewtopic.php?f=10&...
by jrbdmb
Tue Jun 25, 2019 3:04 pm
Forum: Investing - Theory, News & General
Topic: Excluding International All Together?
Replies: 82
Views: 9603

Re: Excluding International All Together?

Image

US has certainly been on a good run since 2010, but the idea of US perpetual dominance is not supported by the facts. I wonder what types of US vs. ex-US threads would have been on Bogleheads in 1990?
by jrbdmb
Mon Jun 24, 2019 6:42 pm
Forum: Personal Consumer Issues
Topic: Best place to buy Pistachio and Salmon?
Replies: 30
Views: 3098

Re: Best place to buy Pistachio and Salmon?

If you need a lot of fresh salmon, I'd agree on Costco. But if you're just buying salmon for two people, I'd give a hearty recommendation for Aldi's fresh (not frozen) salmon. Aldi's frozen salmon is okay but their fresh salmon is outstanding (Excellent). You can buy packages weighing approximately...
by jrbdmb
Thu Jun 20, 2019 2:01 pm
Forum: Personal Consumer Issues
Topic: Highest % cash back credit card
Replies: 77
Views: 6359

Re: Highest % cash back credit card

BoA cards with the preferred rewards top tier status give the highest cash back %’s With the premium rewards card: 3.5% on travel and dining 2.625% on everything else With the cash rewards card: 5.25% on gas stations (including purchases made inside!) 3.5% on grocery and wholesale (works at Costco)...
by jrbdmb
Thu Jun 20, 2019 1:49 pm
Forum: Personal Consumer Issues
Topic: Where to Live? N. Orange County, CA or Vancouver, WA or Atlanta
Replies: 82
Views: 7118

Re: Where to Live? N. Orange County, CA or Vancouver, WA or Atlanta

You have already got a family of your own. Since you are the only source of income, whatever decision you make, your family should be on top. This is a financial forum so I would pick the option that best provides financial mean which is to stay in GA. Closer to family is nice, but if you lose your...
by jrbdmb
Mon Jun 17, 2019 2:45 pm
Forum: Personal Finance (Not Investing)
Topic: With hindsight, what signs indicated you were about to lose your job?
Replies: 127
Views: 12668

Re: With hindsight, what signs indicated you were about to lose your job?

khh wrote:
Sun Jun 16, 2019 5:59 pm
When they take your red stapler away.
I lost my red stapler a few months ago. :shock:
by jrbdmb
Mon Jun 10, 2019 3:15 pm
Forum: Investing - Theory, News & General
Topic: US stocks still look better than anywhere else
Replies: 100
Views: 8243

Re: US stocks still look better than anywhere else

mrspock wrote:
Wed Jun 05, 2019 5:25 pm

Love the laid back life of Europeans, but the American way to run a business (e.g. emphasis on customer service) is unmatched.
I'm sure we could have quite a thread on instances where American businesses showed a distinct lack of "emphasis on customer service." :sharebeer
by jrbdmb
Mon May 20, 2019 2:29 pm
Forum: Personal Finance (Not Investing)
Topic: Big credit card charges coming up, should I sign up for a bonus card?
Replies: 19
Views: 1588

Re: Big credit card charges coming up, should I sign up for a bonus card?

Getting over 2% cash back is getting more difficult. USAA has a 2.5% card but is currently not accepting new application. There was a JCP card paying 3.0% but it was confined to specific western states and is now being removed from the US market. The BoA Premium rewards pays 2.625% if you keep $100...
by jrbdmb
Mon May 20, 2019 12:57 pm
Forum: Personal Finance (Not Investing)
Topic: Big credit card charges coming up, should I sign up for a bonus card?
Replies: 19
Views: 1588

Re: Big credit card charges coming up, should I sign up for a bonus card?

Getting over 2% cash back is getting more difficult. USAA has a 2.5% card but is currently not accepting new application. There was a JCP card paying 3.0% but it was confined to specific western states and is now being removed from the US market. The BoA Premium rewards pays 2.625% if you keep $100K...
by jrbdmb
Mon May 20, 2019 10:10 am
Forum: Personal Finance (Not Investing)
Topic: Churning Credit Cards
Replies: 84
Views: 8671

Re: Churning Credit Cards

If you're going to spend $25,000 over the next six months, you could open six different cards, get the bonuses, and net the equivalent of roughly $3,000-$4,000 without breaking a sweat. Easy. If this appeals to you, do it. The first round of churning can still lead to nice rewards. It's going back ...
by jrbdmb
Fri May 17, 2019 5:58 pm
Forum: Personal Consumer Issues
Topic: Guidance on choosing between UMich and Brown
Replies: 102
Views: 5973

Re: Guidance on choosing between UMich and Brown

Once you have a CS degree from a top tier school, and both of these are, then the rest is all you. Interesting to know if there is ANY field that this does not apply. Like any other job interview I remember for applying for residencies that once you hit some arbitrary cut off metrics the rest if up...