Search found 3318 matches

by oldcomputerguy
Tue Oct 23, 2018 9:15 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 7427
Views: 1555906

Re: U.S. stocks in freefall

45 minutes in, S&P500 down 2.0%. Hang on for the bumps.
:shock:
by oldcomputerguy
Tue Oct 23, 2018 9:14 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 7427
Views: 1555906

Re: U.S. stocks in freefall

so sorry folks. had to continue my value averaging (and into value stocks, no less) yesterday afternoon. i will have to keep buying through October so you may just want to sit out the next trading week. after each buy you can count on the market tanking another couple of percent. Go for it. It just...
by oldcomputerguy
Tue Oct 23, 2018 7:49 am
Forum: Personal Consumer Issues
Topic: Apple TV vs Roku
Replies: 9
Views: 373

Re: Apple TV vs Roku

I have a Roku at home, and used Apple TV in the workplace. Neither recorded programs. You're thinking of a DVR.
by oldcomputerguy
Tue Oct 23, 2018 7:26 am
Forum: Personal Consumer Issues
Topic: Hulu & NBC
Replies: 9
Views: 556

Re: Hulu & NBC

It looks like I've resolved my OTA/NBC problem. Don't know why I didn't think of this before, but I just had to fiddle a bit with the location of my basic flat panel antenna. Previously it had been resting on the TV shelf, with a partially obstructed path to the local broadcast towers. Now it's dan...
by oldcomputerguy
Tue Oct 23, 2018 7:03 am
Forum: Investing - Theory, News & General
Topic: Shouldn't Fridays be higher than average due to 401k contributions?
Replies: 44
Views: 2568

Re: Shouldn't Fridays be higher than average due to 401k contributions?

JustinR wrote:
Mon Oct 22, 2018 3:40 pm
Tens of millions of people automatically buy on Fridays. Shouldn't this make Fridays noticeably higher on average than other days? If not, why?
Why does it matter? How will the answer to this question impact your investment plan?
by oldcomputerguy
Tue Oct 23, 2018 5:55 am
Forum: Personal Finance (Not Investing)
Topic: AAA Insurance is increasing my home insurance premium by 47.8%!!! with no claims filed
Replies: 30
Views: 2596

Re: AAA Insurance is increasing my home insurance premium by 47.8%!!! with no claims filed

Try Farmer's. +1. We've had our homeowners insurance with Farmers for thirty-seven years (the entire time we've been homeowners), and our drivers insurance for seven or eight years before that. Never had a problem with them. Bad form to reply to myself, I know... I was informed last night by DW tha...
by oldcomputerguy
Tue Oct 23, 2018 4:51 am
Forum: Investing - Theory, News & General
Topic: 'Smart money' bailing on the market, time to get out?
Replies: 25
Views: 1916

Re: Smart money bailing on the market, time to get out?

Four things: (1) The article was discussing deleveraging, not getting out of the market entirely. The two are completely separate propositions. (2) Stop reading Zerohedge. It's the worst sort of investment porn. (3) If you were leveraging your equity investment (i.e. borrowing to invest), then yes, ...
by oldcomputerguy
Mon Oct 22, 2018 7:50 pm
Forum: Investing - Help with Personal Investments
Topic: My Edward Jones IRA is out performing my Vanguard 401K
Replies: 56
Views: 5999

Re: My Edward Jones IRA is out performing my Vanguard 401K

Example: VTSAX (Vanguard total US stock market index, $10K min investment for Admiral shares) has distributed 100% QDI (qualified dividend income, previously taxed at corporate rate) for the past several years. Not to nitpick, but this is not actually true. My 2016 and 2017 1099-DIV's show VTSAX pa...
by oldcomputerguy
Mon Oct 22, 2018 7:24 pm
Forum: Investing - Theory, News & General
Topic: Shouldn't Fridays be higher than average due to 401k contributions?
Replies: 44
Views: 2568

Re: Shouldn't Fridays be higher than average due to 401k contributions?

Tens of millions of people automatically buy on Fridays. Does that make Fridays higher on average than other days? If not, why? Tens of millions of people automatically buy on days that aren't Friday, also! Who says that Friday is a higher purchase day than others? cheers, jwf Because payday for al...
by oldcomputerguy
Mon Oct 22, 2018 6:52 pm
Forum: Investing - Help with Personal Investments
Topic: Timing the market - Some say it’s possible?
Replies: 36
Views: 1689

Re: Timing the market - Some say it’s possible?

Sure. Timing the market is theoretically possible. So is climbing Mount Everest. But I don't know anyone who has done either successfully.

Timing the market reliably and repeatably is a whole order of magnitude harder.
by oldcomputerguy
Mon Oct 22, 2018 12:42 pm
Forum: Investing - Theory, News & General
Topic: 50 Stocks Enough to Diversify Idiosyncratic Risk?
Replies: 26
Views: 1638

Re: 50 Stocks Enough to Diversify Idiosyncratic Risk?

According to a group of scholars that includes investment guru Burton Malkiel, in years past "[a] conventional rule of thumb...[was] that a portfolio of 20 stocks [attained] a large fraction of the total benefits of diversification." That may or may not be true, but assuming it is true, here’s the ...
by oldcomputerguy
Mon Oct 22, 2018 11:38 am
Forum: Investing - Help with Personal Investments
Topic: ETF trading above NAV
Replies: 3
Views: 398

Re: ETF trading above NAV

What's the ticker of the ETF?
by oldcomputerguy
Mon Oct 22, 2018 11:20 am
Forum: Investing - Help with Personal Investments
Topic: American Century Small Cap ASVIX
Replies: 16
Views: 722

Re: American Century Small Cap ASVIX

1.26% expense ratio, 90% turnover (which adds roughly 0.9% hidden trading cost to the expense), almost half the fund is mid-cap rather than small-cap. Not my cup of tea. American Beacon's AVPAX is a bit better, 1.13% ER and 48% turnover, with 67% exposure to small-cap. If you don't mind ETFs, a cou...
by oldcomputerguy
Mon Oct 22, 2018 8:24 am
Forum: Investing - Help with Personal Investments
Topic: American Century Small Cap ASVIX
Replies: 16
Views: 722

Re: American Century Small Cap ASVIX

1.26% expense ratio, 90% turnover (which adds roughly 0.9% hidden trading cost to the expense), almost half the fund is mid-cap rather than small-cap. Not my cup of tea. American Beacon's AVPAX is a bit better, 1.13% ER and 48% turnover, with 67% exposure to small-cap. If you don't mind ETFs, a coup...
by oldcomputerguy
Mon Oct 22, 2018 8:03 am
Forum: Personal Finance (Not Investing)
Topic: Federal taxes in retirement
Replies: 25
Views: 2096

Re: Federal taxes in retirement

SS as taxable, ouch. So, one of us retires at 62.5, the other keeps working and earning. I had not thought that the other spouse working would affect the taxability of the SS income. It's not just the fact that the other of you is working. It depends on a factor called "combined income", which is t...
by oldcomputerguy
Mon Oct 22, 2018 7:51 am
Forum: Personal Consumer Issues
Topic: Quitting w/o notice
Replies: 132
Views: 7578

Re: Quitting w/o notice

Also, check any vesting/bonus or other stuff that may be effected before you leave so you're not screwing yourself out of a nice bonus or a chunk of funds into the 401k if you'd just hung out another week. FGal makes a very good point here. I was fortunate when I punched out. My initial departure d...
by oldcomputerguy
Mon Oct 22, 2018 7:40 am
Forum: Personal Consumer Issues
Topic: Quitting w/o notice
Replies: 132
Views: 7578

Re: Quitting w/o notice

I depends on the sort of work. Some jobs are hard to fill even with 6 months notice, while some just require a warm body. I finally made the decision back in mid-2016 that I had had enough (stress, unloading work frustration on wife, bad nerves, lack of sleep, what have you) and submitted my resign...
by oldcomputerguy
Sun Oct 21, 2018 12:45 pm
Forum: Investing - Help with Personal Investments
Topic: My Edward Jones IRA is out performing my Vanguard 401K
Replies: 56
Views: 5999

Re: My Edward Jones IRA is out performing my Vanguard 401K

Note some Target Date retirement funds from other companies are much more complex in their holdings so always look up what an all in one fund contains. This is a very good point. For example, Fidelity offers some target-date funds, in two versions, index and non-index. The index versions are pretty...
by oldcomputerguy
Sun Oct 21, 2018 12:34 pm
Forum: Investing - Help with Personal Investments
Topic: My Edward Jones IRA is out performing my Vanguard 401K
Replies: 56
Views: 5999

Re: My Edward Jones IRA is out performing my Vanguard 401K

I will be discussing with my EJ advisor this week the ER fee discrepancy many of you have brought to my attention. Thank you for that! I will let you know what he says. This will dictate what I do with the EJ investments. My next big question is what do I do with the Vanguard 401K I currently have ...
by oldcomputerguy
Sun Oct 21, 2018 12:17 pm
Forum: Investing - Help with Personal Investments
Topic: My Edward Jones IRA is out performing my Vanguard 401K
Replies: 56
Views: 5999

Re: My Edward Jones IRA is out performing my Vanguard 401K

Here is the % breakdown of my portfolio (rounded of course) 5.2% BARON SMALL CAP CL I BSFIX 9% CHAMPLAIN MID CAP CL I CIPIX 13.4 % COLUMBIA SELECT LARGE CAP GROWTH CL I3 CCWRX 10% EDGEWOOD GROWTH CL I EGFIX 11% FRANKLIN DYNATECH CL R6 FDTRX 5.4% HARTFORD STRATEGIC INCOME CL F HSNFX 16.1% JOHN HANCO...
by oldcomputerguy
Sun Oct 21, 2018 8:56 am
Forum: Personal Finance (Not Investing)
Topic: First RMD is due last day of year
Replies: 31
Views: 1534

Re: First RMD is due last day of year

I found the above on irs.gov and it seems clear that I will have until April 1, 2020 to take my first RMD. And it would be claimed on my 2019 tax return. Then I have until Dec 31, 2020 to take my second RMD. This is incorrect. If you take both your first and second RMDs in 2020, both will be taxed ...
by oldcomputerguy
Sun Oct 21, 2018 8:52 am
Forum: Personal Finance (Not Investing)
Topic: AAA Insurance is increasing my home insurance premium by 47.8%!!! with no claims filed
Replies: 30
Views: 2596

Re: AAA Insurance is increasing my home insurance premium by 47.8%!!! with no claims filed

Try Farmer's. +1. We've had our homeowners insurance with Farmers for thirty-seven years (the entire time we've been homeowners), and our drivers insurance for seven or eight years before that. Never had a problem with them. Have you ever had a TOTAL LOSS? After the 2007 wildfire that TOTALLY destr...
by oldcomputerguy
Sun Oct 21, 2018 8:48 am
Forum: Personal Finance (Not Investing)
Topic: First RMD is due last day of year
Replies: 31
Views: 1534

Re: First RMD is due last day of year

dwickenh wrote:
Sun Oct 21, 2018 8:07 am
The RMD just has to be taken during the tax year you turn 70 1/2 or up to the following April 15th for the first RMD..
April 1, not April 15.
by oldcomputerguy
Sun Oct 21, 2018 8:37 am
Forum: Personal Finance (Not Investing)
Topic: First RMD is due last day of year
Replies: 31
Views: 1534

Re: First RMD is due last day of year

I turn 70 next year on June 30, 2019, and I believe that means my first RMD must come out of my IRA on Dec 30, 2019. Or does it? No, you can take it earlier if you wish. You could withdraw it all in July, for example. It just must be taken before the deadline, which is December 31 of each year (wit...
by oldcomputerguy
Sun Oct 21, 2018 8:19 am
Forum: Investing - Help with Personal Investments
Topic: My Edward Jones IRA is out performing my Vanguard 401K
Replies: 56
Views: 5999

Re: My Edward Jones IRA is out performing my Vanguard 401K

However, my current Vanguard 401K (2045 target fund portfolio) has a YTD return of -1.17%. My Edward Jones Guided Solutions IRAs have a YTD return of 4.46%. For the past year or so, my EJ accounts have substantially out performed my Vanguard 401k. Do these results make sense? I think my EJ account ...
by oldcomputerguy
Sun Oct 21, 2018 7:34 am
Forum: Personal Consumer Issues
Topic: No power in half the house
Replies: 17
Views: 1567

Re: No power in half the house

Did you talk to the electric company guy when he was there? He could have said whether the problem was on your end or his. Note to the poster above who mentioned 208V, that would be across phases on a 3-phase system which is unlikely in a regular house. A house will have single phase in 2 wires tha...
by oldcomputerguy
Sun Oct 21, 2018 6:12 am
Forum: Personal Finance (Not Investing)
Topic: AAA Insurance is increasing my home insurance premium by 47.8%!!! with no claims filed
Replies: 30
Views: 2596

Re: AAA Insurance is increasing my home insurance premium by 47.8%!!! with no claims filed

SpideyIndexer wrote:
Sat Oct 20, 2018 1:32 pm
Try Farmer's.
+1. We've had our homeowners insurance with Farmers for thirty-seven years (the entire time we've been homeowners), and our drivers insurance for seven or eight years before that. Never had a problem with them.
by oldcomputerguy
Sun Oct 21, 2018 6:03 am
Forum: Personal Consumer Issues
Topic: No power in half the house
Replies: 17
Views: 1567

Re: No power in half the house

Possible you have an issue in your breaker box. There are multiple "backbone" buss bars in the box, each fed by one phase coming in from the power pole.. Each single-circuit 110v breaker taps onto one of the bars, higher-capacity circuits such as your dryer and HVAC units tap across two to get 208v....
by oldcomputerguy
Sat Oct 20, 2018 7:48 pm
Forum: Investing - Help with Personal Investments
Topic: Fiduciary using funds with a front load?
Replies: 25
Views: 2117

Re: Fiduciary using funds with a front load?

Overall he was helpful in a few ways: untangled the annuities and broke out the timing on how to sell those without incurring fees, convincing her taking a small mortgage to have cash on hand was not a smart decision. Wait.... am I reading this correctly? Are you saying that he advised her to take ...
by oldcomputerguy
Sat Oct 20, 2018 11:07 am
Forum: Investing - Help with Personal Investments
Topic: Fiduciary using funds with a front load?
Replies: 25
Views: 2117

Re: Fiduciary using funds with a front load?

Overall he was helpful in a few ways: untangled the annuities and broke out the timing on how to sell those without incurring fees, convincing her taking a small mortgage to have cash on hand was not a smart decision. Wait.... am I reading this correctly? Are you saying that he advised her to take ...
by oldcomputerguy
Sat Oct 20, 2018 9:48 am
Forum: Investing - Help with Personal Investments
Topic: VTINX - VG target Retirement Income fund question
Replies: 4
Views: 539

Re: VTINX - VG target Retirement Income fund question

1. Does anyone have opinions on how Vtinx would perform in a rising rate environment given that it's 70% bonds? Any fund that is bond-heavy (such as VTINX) will see some price drop during rising interest rates. Bear in mind, though, that the drop in the fund's NAV due to rising interest rates is a ...
by oldcomputerguy
Sat Oct 20, 2018 7:48 am
Forum: Investing - Theory, News & General
Topic: Top stocks of 2000 trail the market over the next 18 years
Replies: 39
Views: 2880

Re: Top stocks of 2000 trail the market over the next 18 years

financeperchance wrote:
Thu Oct 18, 2018 9:03 am
What are the odds that 18 years later the top 10 would still be the same?
https://www.callan.com/wp-content/uploa ... d_2018.pdf

I'd say pretty slim.
by oldcomputerguy
Fri Oct 19, 2018 8:55 pm
Forum: Investing - Help with Personal Investments
Topic: 26 yr old looking for asset alloc. to buy and hold forever
Replies: 2
Views: 569

Re: 26 yr old looking for asset alloc. to buy and hold forever

I’m looking for an asset allocation I can set now and hold forever. I wouldn’t consider being 100% stocks forever, unless you’re already independently wealthy and will stay that way for the rest of your life. I think a more reasonsble “forever” allocation would be 60/40 stocks/bonds. That being sai...
by oldcomputerguy
Fri Oct 19, 2018 7:23 pm
Forum: Local Chapters and Bogleheads Community
Topic: Roll Call for the Retirement Class of 2019!
Replies: 107
Views: 13375

Re: Roll Call for the Retirement Class of 2019!

Forgive the off-topic question... DW is planning to punch out early 2020. Would it be permissible to announce for her here on Bogleheads when the 2020 list shows up? (She doesn't have a login here.) The Retirement Roll Call uses the protocols set forth by Lady Victoria, our founding mother 8-) Lady...
by oldcomputerguy
Fri Oct 19, 2018 6:25 pm
Forum: Local Chapters and Bogleheads Community
Topic: Roll Call for the Retirement Class of 2019!
Replies: 107
Views: 13375

Re: Roll Call for the Retirement Class of 2019!

Forgive the off-topic question... DW is planning to punch out early 2020. Would it be permissible to announce for her here on Bogleheads when the 2020 list shows up? (She doesn't have a login here.)
by oldcomputerguy
Fri Oct 19, 2018 4:29 pm
Forum: Personal Consumer Issues
Topic: Selling to CarMax if maintenance light is on?
Replies: 33
Views: 2822

Re: Selling to CarMax if maintenance lights on?

Not really pertinent to the OP's situation, since apparently he's already read the codes (or had them read), but in cases of needing to interpret and/or clear codes, I can recommend this little gizmo. https://www.amazon.com/gp/product/B01C3HAHCS/ref=oh_aui_detailpage_o07_s00?ie=UTF8&psc=1 Communicat...
by oldcomputerguy
Fri Oct 19, 2018 10:47 am
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Active Isn’t All Bad
Replies: 7
Views: 937

Re: Larry Swedroe: Active Isn’t All Bad

The interesting part of the recent study is where the investigator created pairs of active and passive funds with similar goals and similar expense ratios. I haven't read the article yet, but I'm going to be curious to see where they found an active fund and a passive fund with similar expense rati...
by oldcomputerguy
Fri Oct 19, 2018 5:33 am
Forum: Investing - Help with Personal Investments
Topic: Fiduciary using funds with a front load?
Replies: 25
Views: 2117

Re: Fiduciary using funds with a front load?

Gatex -- domestic large-cap blend stock JSCVX -- domestic small-cap value stock FMIJX -- large-cap international WEF1Z -- short-term domestic bonds PFOAX -- intermediate-term international bonds YAFFX -- large-cap value stock fund, half U.S., one-quarter international, the rest in cash. Seems we're ...
by oldcomputerguy
Thu Oct 18, 2018 7:41 pm
Forum: Investing - Theory, News & General
Topic: Why dismiss sectors?
Replies: 31
Views: 1638

Re: Why dismiss sectors?

mak1277 wrote:
Thu Oct 18, 2018 1:37 pm
My reason: Because I don't know enough, and don't have enough desire to do the research, to have an opinion on which sector(s) are better than others. Total market makes sure I have some of everything and I don't have to think about it. Perfect.
+1.
by oldcomputerguy
Thu Oct 18, 2018 6:49 pm
Forum: Investing - Help with Personal Investments
Topic: Fiduciary using funds with a front load?
Replies: 25
Views: 2117

Re: Fiduciary using funds with a front load?

Some things I notice, in no particular order: The two funds you listed (GATEX and PFOAX) each have a 12b-1 fee of around 0.25%. This is part of the ongoing ER, and is over and above the front-end load. This is money going to to the advisor (darned if I'll call him a "fiduciary" based on what you've ...
by oldcomputerguy
Wed Oct 17, 2018 8:20 pm
Forum: Investing - Theory, News & General
Topic: Fidelity Full View transition to eMoney
Replies: 144
Views: 16094

Re: Fidelity Full View transition to eMoney

Just in case anyone is interested, I noticed this message from Fidelity when I logged in today (dated Oct 1): Since our release of the new Full View, we have received great feedback and prioritized updates to continue improving your experience. We recently completed: (1) Fixed income valuations: Bon...
by oldcomputerguy
Wed Oct 17, 2018 8:03 pm
Forum: Investing - Theory, News & General
Topic: VSUXX not available through Interactive Brokers?
Replies: 2
Views: 488

Re: VSUXX not available through Interactive Brokers?

Is it possible you meant VUSXX (Vanguard Treasury Money Market mutual fund)?
by oldcomputerguy
Wed Oct 17, 2018 5:17 pm
Forum: Personal Consumer Issues
Topic: Best way to complain about Hertz bait-and-switch?
Replies: 53
Views: 4897

Re: Best way to complain about Hertz bait-and-switch?

I have had good luck with National as an Emerald Club member (free). Free, yep, but holy cow... I took a look at signing up for Emerald Club, and balked when I saw the " terms and conditions " literally spanned 272 pages! I'm not sure I'll live long enough to read and understand their terms. :annoyed
by oldcomputerguy
Wed Oct 17, 2018 4:48 pm
Forum: Investing - Theory, News & General
Topic: A question regarding pension buy-outs
Replies: 2
Views: 262

A question regarding pension buy-outs

I'm trying to wrap my head around a conversation I had with a friend recently. We both worked for the same company some years back, and both ended up being vested in their pension. A few months before his 65th birthday, my friend was contacted by the former employer and was offered a lump-sum distri...
by oldcomputerguy
Wed Oct 17, 2018 4:41 pm
Forum: Investing - Theory, News & General
Topic: Help me understand dividends
Replies: 145
Views: 12342

Re: Help me understand dividends

No... It's still the same exact amount as not having the dividend at all. How do people still not get that number of shares literally doesn't mean anything? It's the total dollar amount that matters. So, then, is the much-touted "miracle of compounding" nothing more than propaganda? Without dividen...
by oldcomputerguy
Wed Oct 17, 2018 3:30 pm
Forum: Investing - Help with Personal Investments
Topic: $50,000: Should I buy now or wait for the market to drop further?
Replies: 43
Views: 6888

Re: $50,000: Should I buy now or wait for the market to drop further?

I was going to start buying more bonds in the next 6 months but as the stock prices are down, I feel like buying Total Stock or Wellington would be a good idea. Seems to me that this statement strongly implies that you're letting emotions rule your investing. What does your IPS say? What is your de...
by oldcomputerguy
Wed Oct 17, 2018 5:11 am
Forum: Personal Finance (Not Investing)
Topic: What would you do with unexpected tax refund?
Replies: 25
Views: 1288

Re: What would you do with unexpected tax return?

After some extensions with the IRS due to my accountant being behind we finally got our 2017 taxes done and received a refund of about 26k. Count me a surprised, we usually get just a small amount back. So, 26k of found money - what would you do? if you were me? (44 years old, 3 kids at home, 2 yea...
by oldcomputerguy
Wed Oct 17, 2018 5:06 am
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Prepare For The Bear
Replies: 74
Views: 9624

Re: Larry Swedroe: Prepare For The Bear

james22 wrote:
Wed Oct 17, 2018 1:51 am
Larry wrote:If you are thinking about selling, you might ask yourself what you know that Buffett doesn’t.
Why is Buffett sitting on ~$110B in cash?
Perhaps because he's "won the game" and doesn't need to take so much risk?

If I had $110B to my name, it certainly would not be in the stock market.
by oldcomputerguy
Tue Oct 16, 2018 3:59 pm
Forum: Investing - Help with Personal Investments
Topic: International Fund Down - What to do?
Replies: 36
Views: 2305

Re: International Fund Down - What to do?

My rough back-of-the-envelope calculation gives this: Original asset allocation: 57% domestic stock, 31% international stock, 12% bonds Revised asset allocation: 62% domestic stock, 27% international stock, 11% bonds So your international allocation has drifted from 31% of total portfolio to 27%. I ...