Search found 552 matches

by Whakamole
Fri Apr 20, 2018 3:33 pm
Forum: Investing - Theory, News & General
Topic: NYT article: Everyone should hire a financial planner
Replies: 83
Views: 5090

Re: NYT article: Everyone should hire a financial planner

I'm just nervous that with all the volatility in the fixed income market right now that just leaving the ladder in place (my original plan) could be a bad idea, especially as rates rise. I could sell it all and dump it in a vanguard bond fund, but some experts were paid a lot to put this thing toge...
by Whakamole
Fri Apr 20, 2018 1:27 pm
Forum: Investing - Help with Personal Investments
Topic: Coffeehouse portfolio using all Fidelity funds
Replies: 3
Views: 671

Re: Coffeehouse portfolio using all Fidelity funds

I think you can do this by looking at the Vanguard funds for this portfolio on this page: https://www.bogleheads.org/blog/the-coffeehouse-portfolio/ and then looking up the corresponding Fidelity fund (or iShares ETF) here: https://www.bogleheads.org/wiki/Fidelity So: First page says "US large cap i...
by Whakamole
Tue Apr 17, 2018 1:39 am
Forum: Investing - Theory, News & General
Topic: Firstrade Makes a Splash With 700 Commission-Free ETFs (Including Vanguard!)
Replies: 12
Views: 1525

Re: Firstrade Makes a Splash With 700 Commission-Free ETFs (Including Vanguard!)

I'm happy to see another name to add to the list. OTOH, free trades are the norm, so anybody that has to pay a commission is probably not looking too hard. In the old days, brokerages touted their long list of No-Transaction-Fee mutual funds, but one doesn't need a list of 5,000 or more mutual fund...
by Whakamole
Sat Apr 14, 2018 9:49 am
Forum: Investing - Theory, News & General
Topic: Any value investor buying a Russia fund?
Replies: 78
Views: 4428

Re: Any value investor buying a Russia fund?

One issue to think about is that Americans (and presumably any US-based mutual fund) will need to divest from certain companies by early May. That's going to have an effect on prices, of course, but it also means that you won't be able to own an actual index since it will need to exclude Rusal (whic...
by Whakamole
Sat Apr 14, 2018 9:22 am
Forum: Investing - Theory, News & General
Topic: Trinity Study updated to 2018
Replies: 113
Views: 9757

Re: Trinity Study updated to 2018

This study extended out to 40 years seems to indicate that Age in Bonds might be too conservative. AA with more than 25% stock do better at the 3% withdrawal rate. But perhaps Age in Bonds would still be 100% safe at 40 years, not sure. It's important not forget that while stocks have returned, on ...
by Whakamole
Thu Apr 12, 2018 12:27 pm
Forum: Personal Consumer Issues
Topic: Anyone Deleting Facebook?
Replies: 329
Views: 21671

Re: Anyone Deleting Facebook?

Facebook has always been this way. I don't understand why people are suddenly concerned about them collecting and selling the same information about you that they have been doing since day 1.
by Whakamole
Wed Apr 11, 2018 2:24 pm
Forum: Investing - Theory, News & General
Topic: I Bond’s Variable Rate Will Fall To 2.22% On May 1
Replies: 36
Views: 4356

Re: I Bond’s Variable Rate Will Fall To 2.22% On May 1

(and I usually log in just to check monthly, it's actually quite simple), You don't even have to log in to check monthly, they have a decent tool for that :wink: https://www.treasurydirect.gov/indiv/tools/sbwsetup.exe That tool won't get updated anymore starting soon: https://www.treasurydirect.gov...
by Whakamole
Wed Apr 11, 2018 12:27 pm
Forum: Investing - Theory, News & General
Topic: Fisher Investments hard sell
Replies: 40
Views: 37668

Re: Fisher Investments hard sell

I have some experience that may be relevant to some. I have a very good friend that had done his research and decided the liked the market analysis that Fisher employed and decided (recently) to move some of their portfolio over. .... lots more positive review from this one-time poster My experienc...
by Whakamole
Tue Apr 10, 2018 1:03 pm
Forum: Investing - Theory, News & General
Topic: Swedroe: Look Beyond 60/40 Portfolio
Replies: 237
Views: 14779

Re: Swedroe: Look Beyond 60/40 Portfolio

These alternatives are truly alternatives. I would not place them squarely in a box as a bond replacement or as a stock replacement. As we’ve said, they have equity like returns, about half the volatility of stocks If that is the case, why not put all of your investments into these funds? If they t...
by Whakamole
Mon Apr 09, 2018 6:26 pm
Forum: Personal Consumer Issues
Topic: And yet another example why Vanguard is a 4th tier firm in regard to customer service…
Replies: 20
Views: 1785

Re: And yet another example why Vanguard if a 4th tier firm in regard to customer service…

Perhaps there was a hash collision between password A and password B, meaning they calculated to the same hash value and thus Vanguard thought they were the same password. Using the intermediate password C (which would have a different hash) would work because now when you tried changing the passwor...
by Whakamole
Mon Apr 09, 2018 4:19 pm
Forum: Investing - Help with Personal Investments
Topic: Questions on inherited IRA/401k
Replies: 8
Views: 611

Re: Questions on inherited IRA/401k

I believe that some 401k custodians will NOT allow you to leave the 401k with them in this case -- have you confirmed that is an option? You also need to understand whether the deceased had begun taking distributions. Did they pass away in 2018? They passed away this year but had not started distri...
by Whakamole
Mon Apr 09, 2018 1:09 pm
Forum: Investing - Theory, News & General
Topic: Swedroe: Look Beyond 60/40 Portfolio
Replies: 237
Views: 14779

Re: Swedroe: Look Beyond 60/40 Portfolio

Hilink, Longinvest, your points are probably valid. Of course do costs matter. But Swedroe is discussing how to diversify a standard portfolio of equities and bonds and not replacing a broad total-market index funds with an actively managed one. Diversify a portfolio like he advocated in 2008? Let'...
by Whakamole
Mon Apr 09, 2018 12:56 pm
Forum: Investing - Theory, News & General
Topic: Swedroe: Look Beyond 60/40 Portfolio
Replies: 237
Views: 14779

Re: Swedroe: Look Beyond 60/40 Portfolio

If Larry's point was that commodities had an inverse correlation to stocks, it looks like he was correct for the most part; commodities have not done well over the past decade as stocks have done extremely well. I'm a bit skeptical of this claim over the long run, and we can see from the chart that ...
by Whakamole
Mon Apr 09, 2018 12:19 pm
Forum: Personal Finance (Not Investing)
Topic: Easily digestible info/blog on finances for spouse?
Replies: 35
Views: 2355

Re: Easily digestible info/blog on finances for spouse?

How about Jane Bryant Quinn? "Making the Most of Your Money" was one of the first personal finance books I read, and a lot of the advice has stuck with me over the years. Looking at her web site, she also has good taste in recommended books (Four Pillars of Investing, Common Sense on Mutual Funds, A...
by Whakamole
Mon Apr 09, 2018 11:49 am
Forum: Investing - Help with Personal Investments
Topic: Questions on inherited IRA/401k
Replies: 8
Views: 611

Questions on inherited IRA/401k

Hi, I'm inheriting a portion of an IRA and 401k due to the passing of a loved one. I've started paperwork on one and will start on the other as soon as it's available, but I do have some questions. Both the IRA and 401k were held at Fidelity, and I'm probably going to keep the assets there since I a...
by Whakamole
Mon Apr 09, 2018 9:15 am
Forum: Investing - Theory, News & General
Topic: Swedroe: Look Beyond 60/40 Portfolio
Replies: 237
Views: 14779

Re: Inflation and Bond Returns

I’m not sure that those of you who take comfort in a relative higher interest payment, as a result of a bond fund decline, are factoring in what could happen if rates rise from near zero to anything even close to historic levels. For anything other than short term bonds. It will take years and year...
by Whakamole
Fri Apr 06, 2018 9:20 pm
Forum: Investing - Theory, News & General
Topic: What can we learn from secret millionaires.
Replies: 93
Views: 16466

Re: What can we learn from secret millionaires.

I think some of us either had it lucky or struggled and assume others who are successful went through the same thing. That is not necessarily true, and we shouldn't make assumptions.
by Whakamole
Fri Apr 06, 2018 12:32 pm
Forum: Investing - Theory, News & General
Topic: Bogle on stock turbulence: ‘never seen a market this volatile to this extent in my career’
Replies: 88
Views: 12273

Re: Bogle on stock turbulence: ‘never seen a market this volatile to this extent in my career’

I realize the VIX has flaws, but if we use that as a rough measure of volatility, the markets were a lot more volatile not long ago.
by Whakamole
Wed Apr 04, 2018 3:12 pm
Forum: Personal Finance (Not Investing)
Topic: This-millennial-couple-is-saving-150000-a-year-and-plans-to-retire-by-2029-heres-how-they-
Replies: 136
Views: 10355

Re: This-millennial-couple-is-saving-150000-a-year-and-plans-to-retire-by-2029-heres-how-they-

I work in tech, and there really isn't that much peer pressure to spend. You see some nicer cars in the parking lot (Tesla because of the tech involved/"green" virtue signaling), but I also see many more inexpensive subcompacts. Some pressure on housing but housing is expensive in general in the are...
by Whakamole
Wed Apr 04, 2018 1:36 pm
Forum: Investing - Theory, News & General
Topic: EverBank Novel CD Product
Replies: 18
Views: 1807

Re: EverBank Novel CD Product

Riley15 wrote:
Tue Apr 03, 2018 10:02 pm
EverBank which is now a division of TIAA just released a very interesting new CD product.
For some reason this reminds me about the thread about Primerica which mentioned that it was owned by Citi when the poster became involved with them. viewtopic.php?t=245905
by Whakamole
Tue Apr 03, 2018 3:23 pm
Forum: Investing - Theory, News & General
Topic: CDOs are back! How to spot them in fund holdings?
Replies: 10
Views: 2364

Re: CDOs are back! How to spot them in fund holdings?

- underwriting standards are still tougher than pre crash- the banks have paid 10s of billions of fines over defrauding investors, so their risk control people will be all over it. Also the banks are required to keep 5% of the mortgages on their balance sheet, when they securitize I would point to ...
by Whakamole
Tue Apr 03, 2018 1:36 pm
Forum: Personal Consumer Issues
Topic: Microsoft tech support scam - how to recover?
Replies: 39
Views: 4175

Re: Microsoft tech support scam - how to recover?

I told the scammer that I worked for Microsoft too and asked for their email alias.

Haven't gotten a call since. :twisted:
by Whakamole
Tue Apr 03, 2018 9:41 am
Forum: Investing - Theory, News & General
Topic: CDOs are back! How to spot them in fund holdings?
Replies: 10
Views: 2364

Re: CDOs are back! How to spot them in fund holdings?

- underwriting standards are still tougher than pre crash- the banks have paid 10s of billions of fines over defrauding investors, so their risk control people will be all over it. Also the banks are required to keep 5% of the mortgages on their balance sheet, when they securitize I would point to ...
by Whakamole
Mon Apr 02, 2018 6:43 pm
Forum: Investing - Theory, News & General
Topic: Is Lockheed Martin about to become the biggest company in history?
Replies: 66
Views: 6391

Re: Is Lockheed Martin about to become the biggest company in history?

They should combine that with blockchain and come out with FusionCoin. What's next after a trillion?
by Whakamole
Mon Apr 02, 2018 6:42 pm
Forum: Investing - Theory, News & General
Topic: “We’re not making enough money off you”
Replies: 62
Views: 10648

Re: “We’re not making enough money off you”

I don't see the issue. They weren't asking the customer to leave, just that they weren't going to offer below-market loan rates since he wasn't offsetting that through other spending. What's wrong with market rates?
by Whakamole
Mon Apr 02, 2018 1:23 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 6395
Views: 1371141

Re: U.S. stocks in freefall

I had been holding the short-term muni bond fund VWSUX in taxable as a way to get a better rate on cash. With the change in tax rates, the short-term Treasury fund pays better (and has a lower minimum for Admiral shares.) While changing funds, I'm taking some of the proceeds and buying Total Interna...
by Whakamole
Sun Apr 01, 2018 2:41 pm
Forum: Investing - Theory, News & General
Topic: Financial advisor payout grid - AXA cold caller
Replies: 14
Views: 1192

Re: Financial advisor payout grid - AXA cold caller

There is a person from one of these outfits (I think NW Mutual) who cold calls everyone at my employer. The scam is that they always claim that "I work with one of your co-workers and they gave me your name", but if you ask who it was, it's always confidential blah blah.
by Whakamole
Sat Mar 31, 2018 11:47 pm
Forum: Investing - Theory, News & General
Topic: What Are Your Thoughts On The Recent Bitcoin Bust? Is It Apart of the Boom/Bust Cycle or Is The CryptoCurrency Finished?
Replies: 129
Views: 9693

Re: What Are Your Thoughts On The Recent Bitcoin Bust? Is It Apart of the Boom/Bust Cycle or Is The CryptoCurrency Finis

This chat feels like two questions are asked. First, is there demand for cryptocurrencies? There is demand for an asset class/ payment process that is anonymous. My sense is the demand will continue as privacy continues to be valued. The second question is valuation? Agree with the other posts. Cry...
by Whakamole
Fri Mar 30, 2018 4:17 pm
Forum: Personal Consumer Issues
Topic: New car from dealer may have close to 150 miles - ok?
Replies: 66
Views: 5738

Re: New car from dealer may have close to 150 miles - ok?

I think what bothered me was they wouldn't tell me where the other dealer is. I asked if they could just take a picture of the odometer and they said no. Again, I have no reason to believe anything fishy is going on. Just didn't realize that's how they sometimes transport cars from other dealers. T...
by Whakamole
Fri Mar 30, 2018 3:31 pm
Forum: Investing - Theory, News & General
Topic: Vanguard in the WSJ today
Replies: 57
Views: 7605

Re: Vanguard in the WSJ today

Some of the issues reported on this board cover a broad time period, i.e., FIFO vs Spec-id when selling shares. I don't understand how something so rudimentary to a brokerage could have gotten out the starting gate broken. How was something like this not tested? Then not permanently fixed? If a pro...
by Whakamole
Thu Mar 29, 2018 1:59 pm
Forum: Investing - Theory, News & General
Topic: Mutual funds that invest in physical gold?
Replies: 27
Views: 1582

Re: Mutual funds that invest in physical gold?

There appears to be a fund called "The Gold Bullion Strategy Fund", ticker symbol QGLDX, whose stated goal is to track the price of gold using futures contracts. 1.6% ER, oy vey. Here is a five year comparison chart between QGLDX and GLD. As you can see it isn't 100% though I don't think it's going ...
by Whakamole
Tue Mar 27, 2018 12:50 pm
Forum: Investing - Theory, News & General
Topic: More bad news for Wealthfront
Replies: 30
Views: 6919

Re: More bad news for Wealthfront

If they went under (and there could be reasons why nobody would want to buy Wealthfront, they may not want exposure to the "total return swaps" and lawsuits related to that), my understanding is the assets would be transferred to another brokerage firm. Then you'd have a mess of ETFs or whatever fu...
by Whakamole
Tue Mar 27, 2018 12:04 pm
Forum: Personal Consumer Issues
Topic: Anyone Deleting Facebook?
Replies: 329
Views: 21671

Re: Anyone Deleting Facebook?

A dear friend was a heavy Facebook user and passed away. I re-activated my account solely to be the "custodian" of their FB account. I forgot how much, well, garbage is on it. If I blocked everyone who posted political rants, there would be almost nothing left. I'm very much tempted to back up their...
by Whakamole
Tue Mar 27, 2018 11:54 am
Forum: Investing - Theory, News & General
Topic: More bad news for Wealthfront
Replies: 30
Views: 6919

Re: More bad news for Wealthfront

I also posted about leaving recently - right now I have turned off TLH and am waiting for the funds to return to the primary Vanguard ETFs just because it isn't really hurting anything to have them there and to make the impending transfer have the fewest # of funds possible. What would be the hypot...
by Whakamole
Tue Mar 27, 2018 8:02 am
Forum: Personal Consumer Issues
Topic: Anyone Deleting Facebook?
Replies: 329
Views: 21671

Re: Anyone Deleting Facebook?

Do you own an Alexa (or whatever it is called)? Think about that one as well. I’m amazed at how many people will nilly bring these devices into their homes. In old movies, spies would go to great trouble to hide mics in homes. Now people install them on their own dime. I personally know people who ...
by Whakamole
Tue Mar 27, 2018 7:59 am
Forum: Investing - Theory, News & General
Topic: VWO ex-Russia?
Replies: 19
Views: 1371

Re: VWO ex-Russia?

I don't see why you'd want to exclude a market from VWO unless it no longer qualified as an Emerging Market (either because it was now Developed or had regressed to a Frontier market.) It defeats the purpose of a broad index fund.
by Whakamole
Mon Mar 26, 2018 4:31 pm
Forum: Personal Consumer Issues
Topic: Underrated places to visit in U.S.?
Replies: 126
Views: 11158

Re: Underrated places to visit in U.S.?

Methow, WA and the surrounding area always looked like a quiet and beautiful place. I've never been there, however. Any thoughts on that area? Lake Chelan is nearby. It's a fairly popular place for Seattle-ites to head to in the summer, the lake is nice and there are a few wineries scattered about ...
by Whakamole
Mon Mar 26, 2018 12:29 pm
Forum: Personal Consumer Issues
Topic: Audio books
Replies: 12
Views: 643

Re: Audio books

Audible has a subscription model where you can pay some amount per month and use the "credit" you get to buy any audio book. There are occasionally deals - first two months three, or a low amount for the first few months or so. Note there are some strings with this: you can only accumulate six credi...
by Whakamole
Mon Mar 26, 2018 12:07 pm
Forum: Investing - Theory, News & General
Topic: Can pension systems etc. stomach a possible coming decade of low returns?
Replies: 25
Views: 2217

Re: Can pension systems etc. stomach a possible coming decade of low returns?

What about the Pension Benefit Guaranty Corporation? Does not cover public sector pension schemes I believe. PGBC has a deficit. Multi employer plan PBGC has a deficit so large it is essentially insolvent-- read what it says on their web page. It will be to the US Congress and President whether the...
by Whakamole
Tue Mar 20, 2018 10:22 am
Forum: Investing - Theory, News & General
Topic: Facebook's slide cost Mark Zuckerberg $6.06 billion in one day
Replies: 42
Views: 4813

Re: Facebook's slide cost Mark Zuckerberg $6.06 billion in one day

Who cares? I care. The primary component of my portfolio is the Vanguard Total Stock Market Index Fund, and 1.5% of that fund is Facebook. If Mark Zuckerberg loses, I lose, too. Then you care about Facebook's slide. I'm not sure how much I care about one company in a broad index. Lots of companies ...
by Whakamole
Thu Mar 15, 2018 1:52 pm
Forum: Investing - Theory, News & General
Topic: How many people small value-tilt international?
Replies: 13
Views: 1393

How many people small value-tilt international?

I do a very slight small value tilt for domestic stocks (using a DFA fund available in my 401k.) Currently I'm underweight international, and I've been thinking about doing my rebalancing by selling some of my Roth-held S&P 500 index fund holdings and buying VSS (which is semi small with a slight va...
by Whakamole
Fri Mar 02, 2018 9:59 pm
Forum: Investing - Help with Personal Investments
Topic: Morgan Stanley wants my 410K and everything else, Why?
Replies: 63
Views: 5382

Re: Morgan Stanley wants my 410K and everything else, Why?

If you close you account with Morgan Stanley, they won't bother you anymore. Next time the FA calls, tell them this. Ask to speak to their manager, tell them you are tired of the calls and that you want to transfer your account elsewhere. And do it. Vanguard has called me twice, once about making su...
by Whakamole
Fri Mar 02, 2018 10:29 am
Forum: Investing - Theory, News & General
Topic: Harvard blows $1Billion picking stocks, averaged 4.4% returns over last decade
Replies: 79
Views: 10191

Re: Harvard blows $1Billion picking stocks, averaged 4.4% returns over last decade

Teak is also the subject of massive deforestation. There will be a supply shortage - we will run out of wild teak to plunder. Remember that North Sea cod, the staple of English fish & chips, became an endangered species! In a couple of decades, there will be reclaimed teak & teak from plantations, ...
by Whakamole
Wed Feb 21, 2018 6:12 pm
Forum: Investing - Theory, News & General
Topic: Any downside to back-door Roth regardless of income?
Replies: 12
Views: 1089

Re: Any downside to back-door Roth regardless of income?

There's no downside to the backdoor Roth that isn't a potential downside to the Roth itself.
by Whakamole
Tue Feb 20, 2018 7:11 pm
Forum: Investing - Help with Personal Investments
Topic: How do I unwind this Wealthfront mess?
Replies: 73
Views: 8530

Re: How do I unwind this Wealthfront mess?

In short... it is a fairly brutal lock-in. 124 lines on Schedule D? Maybe you can just put "various" in the "what securities did I sell" line. I've heard some similar stories, to a much lesser extent, when others have moved out of services that provide this kind of automated TLH strategy. A compute...
by Whakamole
Tue Feb 20, 2018 4:21 pm
Forum: Investing - Help with Personal Investments
Topic: What do Bogleheads think of Passive income through Dividend Stocks
Replies: 58
Views: 6225

Re: What do Bogleheads think of Passive income through Dividend Stocks

It sounds like you have already made up your mind, in which case the thread should be closed. Or never started to begin with.
by Whakamole
Tue Feb 20, 2018 4:17 pm
Forum: Personal Finance (Not Investing)
Topic: free dinner investing seminar
Replies: 287
Views: 19690

Re: free dinner investing seminar

They must be fiduciaries, they work for Fiduciary Solutions.

It's like a used car salesman named "Honest Bob" - of course he's honest, that's his name! :mrgreen:
by Whakamole
Tue Feb 20, 2018 1:01 pm
Forum: Personal Consumer Issues
Topic: New Seattle travel suggestions request
Replies: 10
Views: 729

Re: New Seattle travel suggestions request

Seattle traffic is routinely awful. Stay near where you are going to be going. I think staying in the city core is a better idea if you are going to be spending the first few days there. Parking is expensive. Woodinville is where many of the local wineries have tasting rooms (if you want to see the ...