Search found 502 matches

by Whakamole
Mon Feb 12, 2018 10:26 pm
Forum: Investing - Help with Personal Investments
Topic: Choosing muni bond funds
Replies: 52
Views: 4421

Re: Choosing muni bond funds

BMBIX (Baird Intermediate) has a very good risk profile (73% AAA, 26% AA). I am also intrigued by BMBIX, but I can't wrap my head around the risks of munis. There is the risk that the rating agencies have messed up (again), then there's the risk that the laws will change and there will be a rush to...
by Whakamole
Sat Feb 10, 2018 10:33 am
Forum: Personal Finance (Not Investing)
Topic: "Personal Capital" program
Replies: 14
Views: 1332

Re: "Personal Capital" program

AkwardDoct@rd wrote:
Sat Feb 10, 2018 10:32 am
I have never been contacted by personal capital. They probably look at my net worth and think it's not worth their time
I think there may be a line. I know they tried contacting me several times (phone call, SMS, email) when I first signed up, and that turned me off to PC.
by Whakamole
Fri Feb 09, 2018 11:45 pm
Forum: Investing - Help with Personal Investments
Topic: Choosing muni bond funds
Replies: 52
Views: 4421

Re: Choosing muni bond funds

BMBIX (Baird Intermediate) has a very good risk profile (73% AAA, 26% AA).
by Whakamole
Wed Feb 07, 2018 1:17 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: 4 Horsemen Of Your Portfolio
Replies: 107
Views: 10154

Re: Larry Swedroe: 4 Horseman Of Your Portfolio

...I agree with Larry that having a well-thought out plan is a very good idea, but I disagree that it is a "necessary condition for success." I've known many who didn't have a real plan but still made out alright (not stellar, but alright) in retirement. I'd say the bigger factor in success is havi...
by Whakamole
Tue Feb 06, 2018 6:20 pm
Forum: Investing - Theory, News & General
Topic: Market Drop - A Perspective (2.6.18)
Replies: 12
Views: 2566

Re: Market Drop - A Perspective (2.6.18)

Valuethinker wrote:
Tue Feb 06, 2018 6:01 pm
wrongfunds wrote:
Tue Feb 06, 2018 4:44 pm
when is the bitcoin perspective coming?
A highly diversifying asset, should be part of any well diversified portfolio ;-).
Investments with Madoff were also well diversified, in the sense that they weren't correlated with other assets like stock or bonds.
by Whakamole
Thu Feb 01, 2018 2:17 pm
Forum: Investing - Theory, News & General
Topic: Alan Greenspan says there are bubbles in both stocks and bonds
Replies: 87
Views: 7913

Re: Alan Greenspan says there are bubbles in both stocks and bonds

I've been a little concerned with bonds - more so than stocks. Houe: You must rethink the risk in bond and stocks. Stocks are far riskier. I remember when stocks lost 89% in the Great Depression. My Vanguard Total Bond Market Index Fund has never had a yearly loss of more than 3% . Bonds let us sle...
by Whakamole
Thu Jan 25, 2018 4:00 pm
Forum: Investing - Theory, News & General
Topic: In what ways could BogleHeads be badly wrong ?
Replies: 237
Views: 20549

Re: In what ways could BogleHeads be badly wrong ?

itstoomuch wrote:
Thu Jan 25, 2018 3:02 pm
bookmarked
FYI you can subscribe or bookmark a topic without replying to it, there's a button on the website for this.
by Whakamole
Thu Jan 25, 2018 2:11 pm
Forum: Investing - Theory, News & General
Topic: In what ways could BogleHeads be badly wrong ?
Replies: 237
Views: 20549

Re: In what ways could BogleHeads be badly wrong ?

"The one I see is inflation risk to the bond portion of a portfolio. There is *some* talk of TIPS, etc. but the returns have been so poor for so long on them that they are rarely more than a small portion of most people's holdings, if at all. (I think this is a classic case of recency bias - but I'...
by Whakamole
Thu Jan 25, 2018 1:50 pm
Forum: Investing - Theory, News & General
Topic: Fidelity charging extra fee for Vanguard funds in 401k?
Replies: 31
Views: 2281

Re: Fidelity charging extra fee for Vanguard funds in 401k?

I'm not really sure what the issue is... If your plan is hosted by Fidelity yet all your money is invested in vanguard funds they are presumably out to make some money on it. It doesn't matter where the money gets invested, Fidelity is already making money off the plans--they don't administer 401(k...
by Whakamole
Thu Jan 25, 2018 11:48 am
Forum: Investing - Theory, News & General
Topic: Fidelity charging extra fee for Vanguard funds in 401k?
Replies: 31
Views: 2281

Re: Fidelity charging extra fee for Vanguard funds in 401k?

At first I thought Fidelity just wanted to guide plans towards using their own index funds instead of Vanguard funds - which is fine, since Fidelity has equivalent funds for most of the popular Boglehead index funds. But I also look at my Fidelity 401k account, and the only pure index funds offered...
by Whakamole
Thu Jan 25, 2018 11:35 am
Forum: Investing - Theory, News & General
Topic: Fidelity charging extra fee for Vanguard funds in 401k?
Replies: 31
Views: 2281

Re: Fidelity charging extra fee for Vanguard funds in 401k?

At first I thought Fidelity just wanted to guide plans towards using their own index funds instead of Vanguard funds - which is fine, since Fidelity has equivalent funds for most of the popular Boglehead index funds. But I also look at my Fidelity 401k account, and the only pure index funds offered ...
by Whakamole
Tue Jan 23, 2018 2:31 pm
Forum: Investing - Theory, News & General
Topic: Vanguard chief says "You will never see a bitcoin fund from us"
Replies: 33
Views: 2844

Re: Vanguard chief says "You will never see a bitcoin fund from us"

There is no sugar coating. Gold Silver other assets like these are not held by vanguard Vanguard offers a precious metals and mining fund, VGPMX. Based on my results, I wish they hadn't. But, it's another example of "poor timing." Perhaps, but Vanguard has a number of sector funds. There is not muc...
by Whakamole
Mon Jan 22, 2018 2:19 pm
Forum: Investing - Help with Personal Investments
Topic: Ready to give up on bond fund, Lost 2.25% past 6 months
Replies: 85
Views: 10657

Re: Ready to give up on bond fund, Lost 2.25% past 6 months

I think someone here once compared bond investors to Eeyore - if rates go up, the value of their bonds goes down; but if bond prices increase, that means their rate has dropped. :oops: The other part of this is that there is always an upside as well no matter what happens to bond prices or rates. Is...
by Whakamole
Sat Jan 20, 2018 12:55 pm
Forum: Investing - Help with Personal Investments
Topic: Lost money through Bitconnect scam - learned my lesson
Replies: 94
Views: 7614

Re: Lost money through Bitconnect scam - learned my lesson

As I have said before I WISH there was a better, i.e. active way to make more money in investing I really do, but after much time reading and looking at other options I just don't see it. I have found the best active way to make more money investing is to invest in yourself. Correct. That is why my...
by Whakamole
Fri Jan 19, 2018 3:59 pm
Forum: Personal Consumer Issues
Topic: Costco Citi removing Foreign Transaction Fees; No Fee/Reimbursed Fee International ATM; ; Free International Data
Replies: 40
Views: 4561

Re: Costco Citi removing Foreign Transaction Fees; No Fee/Reimbursed Fee International ATM; ; Free International Data

Am I the only one who is curious/suspicious of cards saying they don't have the 3% surcharge? I don't see banks giving up a whopping 3% anywhere else! "Yes sir, let's drop that interest rate by 3% for you..it's all the rage..." How likely is it that the exchange rate is being adjusted to compensate...
by Whakamole
Fri Jan 19, 2018 2:28 pm
Forum: Investing - Theory, News & General
Topic: Vanguard US Investment Options Minus Top 10?
Replies: 20
Views: 1403

Re: Vanguard US Investment Options Minus Top 10?

There are FAANG etfs, you could buy the S&P/Total Market and short the ETF. There is also SPXT, S&P 500 minus tech stocks - I think this is an interesting idea for those who have a lot of net worth tied up in tech companies (options, stock that would cause a very large tax bill if sold, etc.) Note i...
by Whakamole
Thu Jan 18, 2018 3:54 pm
Forum: Investing - Theory, News & General
Topic: $399 - New Course - Fire your Financial Advisor - By WhiteCoat Investor - Anyone?
Replies: 121
Views: 7563

Re: $399 - New Course - Fire your Financial Advisor - By WhiteCoat Investor - Anyone?

Not to get too off topic, but I thought this was at least partially debunked- the continuous and automatic fund rebalancing makes up for the slight increase in ER. Yes, I think that is essentially true, but there are still the taxes which would be a big deal for high income folks and low income fol...
by Whakamole
Thu Jan 18, 2018 2:32 pm
Forum: Investing - Theory, News & General
Topic: Rebalancing in last 12 months
Replies: 19
Views: 1449

Re: Rebalancing in last 12 months

Buying bonds like crazy (total bond in 401k, short-term tax exempt in taxable) and still off my target AA by 3%. At one point this year my 401k contributions switch from traditional with match to after-tax (aka the "mega backdoor Roth") and I assume I will have to rebalance in tax-deferred, which st...
by Whakamole
Thu Jan 18, 2018 1:44 pm
Forum: Investing - Theory, News & General
Topic: $399 - New Course - Fire your Financial Advisor - By WhiteCoat Investor - Anyone?
Replies: 121
Views: 7563

Re: $399 - New Course - Fire your Financial Advisor - By WhiteCoat Investor - Anyone?

Also, (Jim, correct me if I'm wrong) high income professionals such as doctors are huge targets for the "helpers" of the insurance and advisor industries being sold terrible investments such as annuities, whole life insurance, and high fee front loaded active mutual funds, etc.. We're all targets, ...
by Whakamole
Thu Jan 18, 2018 1:35 pm
Forum: Investing - Theory, News & General
Topic: $399 - New Course - Fire your Financial Advisor - By WhiteCoat Investor - Anyone?
Replies: 121
Views: 7563

Re: $399 - New Course - Fire your Financial Advisor - By WhiteCoat Investor - Anyone?

WCI: If you are reading this, please do not let the negative comments bother you. I enjoy reading your posts and I understand that the course is not aimed at bogleheads in general. Not at all. I actually appreciate the feedback. But most of the posters in this thread are exactly right- if you are c...
by Whakamole
Thu Jan 18, 2018 12:35 pm
Forum: Investing - Theory, News & General
Topic: $399 - New Course - Fire your Financial Advisor - By WhiteCoat Investor - Anyone?
Replies: 121
Views: 7563

Re: $399 - New Course - Fire your Financial Advisor - By WhiteCoat Investor - Anyone?

Also his whole idea that somehow investing is different because it's for doctors is flawed. Hmm. I'm not a doctor, but seems to me like there are some areas where financial planning is different for doctors. Investing is probably about the same as for other high income folks. WCI covers investing b...
by Whakamole
Thu Jan 18, 2018 11:55 am
Forum: Investing - Theory, News & General
Topic: $399 - New Course - Fire your Financial Advisor - By WhiteCoat Investor - Anyone?
Replies: 121
Views: 7563

Re: $399 - New Course - Fire your Financial Advisor - By WhiteCoat Investor - Anyone?

$399 is much less than the average person loses by purchasing loaded funds, high-cost active funds, going with an advisor who charges AUM. WCI readily says if you can do the research yourself, the course isn't for you. Is it a "good deal"? - I'm not sure, from the comments it sounds like this involv...
by Whakamole
Wed Jan 17, 2018 1:01 pm
Forum: Investing - Theory, News & General
Topic: Will a bond sell-off be the catalyst for a Major Market Correction?
Replies: 13
Views: 1443

Re: Will a bond sell-off be the catalyst for a Major Market Correction?

A sell-off in bonds could be "the Armageddon event for this year," Naeem Aslam, chief market analyst for Think Markets UK, wrote in a report Tuesday. Armageddon event, huh. It’s almost as if he was trying to appeal to the emotions. The apparently annual Armageddon event. I wonder if department stor...
by Whakamole
Tue Jan 16, 2018 2:53 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 5576
Views: 1262074

Re: U.S. stocks in freefall

Is it time to panic yet?
by Whakamole
Fri Jan 12, 2018 1:37 pm
Forum: Personal Finance (Not Investing)
Topic: How do credit card companies determine how much credit to give you?
Replies: 5
Views: 905

How do credit card companies determine how much credit to give you?

I'm curious about how card companies determine the maximum limit for a credit card after trying to take advantage of bonuses. I typically don't pay very much attention to how much they've approved me for, since I don't put that much on cards and pay them off every month (same with the interest rate....
by Whakamole
Fri Jan 12, 2018 10:13 am
Forum: Investing - Theory, News & General
Topic: Lower tax rates for 7 yrs.-Are you switching to Roth 401K
Replies: 65
Views: 5674

Re: Lower tax rates for 7 yrs.-Are you switching to Roth 401K

I still like the idea of definitely not paying taxes now as opposed to maybe not paying taxes later.
by Whakamole
Thu Jan 11, 2018 12:37 pm
Forum: Investing - Theory, News & General
Topic: Kodakcoin
Replies: 101
Views: 8310

Re: Kodakcoin

"Utilising blockchain technology, the KodakOne platform will create an encrypted, digital ledger of rights ownership for photographers to register both new and archive work that they can then license within the platform ," Kodak explained. I am amazed at how much mis-information there is in this th...
by Whakamole
Wed Jan 10, 2018 7:31 pm
Forum: Investing - Theory, News & General
Topic: Kodakcoin
Replies: 101
Views: 8310

Re: Kodakcoin

So what are the side effects when this crashes and burns?

During the housing bubble ten years ago, I thought that the crash wouldn't impact me too much since I hadn't overpaid for a house, I was not exactly correct there :oops: This is going to have some kind of unexpected downstream impact.
by Whakamole
Wed Jan 10, 2018 11:22 am
Forum: Investing - Theory, News & General
Topic: How diversified are you really with cap weighted foreign markets?
Replies: 37
Views: 2085

Re: How diversified are you really with cap weighted foreign markets?

Using M* we can see how diversified a total international fund like VTIAX is. http://portfolios.morningstar.com/fund/holdings?t=VTIAX®ion=usa&culture=en-US The largest holding as of 11/30 is Tencent; it's 1.09% of the fund. Nestle is 1.06%. The top ten holdings are 7.63%. This is half of what we ...
by Whakamole
Sat Jan 06, 2018 12:44 pm
Forum: Investing - Theory, News & General
Topic: "Can I Really Retire at 40?" What to Tell Clients
Replies: 53
Views: 7889

Re: "Can I Really Retire at 40?" What to Tell Clients

The market historically bounces back pretty quick so its not like one should need to go start a new career . Granted there are exceptions but that is the risk our what should be told to the client. My own example being fire'd was that if the [stuff --admin LadyGeek] really hit the fan that I would ...
by Whakamole
Fri Jan 05, 2018 5:44 pm
Forum: Investing - Theory, News & General
Topic: Definition of “bond bubble”
Replies: 20
Views: 1582

Re: Definition of “bond bubble”

Going forward, the U.S. will be lucky to generate real GDP growth in the 2%-3% range, as both of the drivers of long-term GDP growth — workforce expansion and productivity growth — are on long-term declining trends. Yes, real interest rates may move up somewhat in the years ahead — but it's very un...
by Whakamole
Fri Jan 05, 2018 4:43 pm
Forum: Investing - Theory, News & General
Topic: Definition of “bond bubble”
Replies: 20
Views: 1582

Re: Definition of “bond bubble”

Interesting thread & posts. But I'm a bit confused as to what is really being said. As I read through, I got the impression that some feel a "bubble" can NOT happen in the case of bonds....I'd like to hear some drill down on whether posters are addressing (1) both individual bonds & bond funds & (2...
by Whakamole
Fri Jan 05, 2018 1:51 pm
Forum: Personal Consumer Issues
Topic: Chip architecture vulnerability in pretty much everthing
Replies: 106
Views: 6819

Re: Chip architecture vulnerability in pretty much everthing

One of the principle behind "good" guys finding this type of issues and reporting this privately to the "powers to be" is that the vulnerability is publicly disclosed only after the patch has been in place for a while. From reading the current news, it seems as if the patches have not been yet wide...
by Whakamole
Wed Jan 03, 2018 10:14 am
Forum: Personal Consumer Issues
Topic: use a personal hotspot on a plane?
Replies: 26
Views: 2196

Re: use a personal hotspot on a plane?

Those hubs are a great idea in general though, but I have found them less necessary as most hotels allow multiple device connections without extra fees now. It may be useful on an airplane though for sharing a connection. I have had one for years. Haven’t used it for its primary intended purpose fo...
by Whakamole
Wed Jan 03, 2018 10:08 am
Forum: Investing - Theory, News & General
Topic: Vanguard glitch: don't contribute 2018 IRA now! [FIXED NOW]
Replies: 25
Views: 3568

Re: Vanguard glitch: don't contribute 2018 IRA now! [FIXED NOW]

My contribution was able to be converted to my Roth this morning.
by Whakamole
Mon Jan 01, 2018 11:01 pm
Forum: Investing - Theory, News & General
Topic: Savings Bond Wizard to be eliminated 5/18
Replies: 44
Views: 4643

Re: Savings Bond Wizard to be eliminated 5/18

I get the distinct impression that so few people use savings bonds now, which is why they are scaling down services. I would not be surprised if they started grandfathering these. Is there any kind of public record of how much money has gone into I Bonds? https://www.treasurydirect.gov/indiv/resear...
by Whakamole
Mon Jan 01, 2018 11:46 am
Forum: Investing - Theory, News & General
Topic: Savings Bond Wizard to be eliminated 5/18
Replies: 44
Views: 4643

Re: Savings Bond Wizard to be eliminated 5/18

I have a question for those with paper bonds. How are you going to get the current value on them? I have all e bonds, but I use SBW because it is easy and fast. I guess I will have to spend 10 minutes logging into TD every time I want to know the value of my bonds. So I've followed the instructions...
by Whakamole
Mon Jan 01, 2018 10:45 am
Forum: Investing - Theory, News & General
Topic: Savings Bond Wizard to be eliminated 5/18
Replies: 44
Views: 4643

Re: Savings Bond Wizard to be eliminated 5/18

The SBW was nice because it about thirty seconds to get the latest value of your bonds for a monthly spreadsheet update. I guess this looks similar but I wonder when they will also phase it out. I get the distinct impression that so few people use savings bonds now, which is why they are scaling dow...
by Whakamole
Fri Dec 29, 2017 5:45 pm
Forum: Investing - Theory, News & General
Topic: 2017 tax-loss harvesting
Replies: 13
Views: 1068

Re: 2017 tax-loss harvesting

Bond funds, switched from Limited to Short term muni.
by Whakamole
Fri Dec 29, 2017 5:04 pm
Forum: Investing - Theory, News & General
Topic: The Growing Peril of Index Funds: Too Much Tech
Replies: 67
Views: 5895

Re: The Growing Peril of Index Funds: Too Much Tech

I am pretty glad I am not overweight auto industry or energy right now, which you would be using an equal weight index. Funny you should mention that, energy companies made up 25% of the S&P 500 market cap in 1980... http://siblisresearch.com/data/sp-500-sector-weightings/ The idea that indexing in...
by Whakamole
Sat Dec 23, 2017 12:49 pm
Forum: Investing - Theory, News & General
Topic: Saving for the crash
Replies: 58
Views: 7507

Re: Saving for the crash

It's just dumb. I will buy with new money, rebalance with old, harvest the losses and not create a drag on my portfolio. This also assumes you'll have new money. I recall unemployment rates going up a tad during the last recession. Isn't that where "rebalance with old" comes into play? That rebalan...
by Whakamole
Sat Dec 23, 2017 12:15 pm
Forum: Investing - Theory, News & General
Topic: Saving for the crash
Replies: 58
Views: 7507

Re: Saving for the crash

PFInterest wrote:
Thu Dec 21, 2017 11:58 pm
It's just dumb. I will buy with new money, rebalance with old, harvest the losses and not create a drag on my portfolio.
This also assumes you'll have new money. I recall unemployment rates going up a tad during the last recession.
by Whakamole
Sat Dec 23, 2017 12:11 pm
Forum: Personal Consumer Issues
Topic: Do people still use AAA?
Replies: 267
Views: 18644

Re: Do people still use AAA?

I had a horrible experience with AAA last year. It was beginning to snow and we had a flat tire after coming out of a movie, about 20 miles from home. AAA said they would come, and kept saying this during subsequent phone calls, but finally after about two hours, said that they instead would not be ...
by Whakamole
Tue Dec 12, 2017 11:33 pm
Forum: Personal Finance (Not Investing)
Topic: H&R Block 2017 Tax Software $9.95 , State $14.95
Replies: 55
Views: 8706

Re: H&R Block 2017 Tax Software $9.95 , State $14.95

I’ve used H&R Block software for several years and I’ve been happy with it. I've also used H&R Block software for years and I've been a happy customer of them for the most part. My only complaint is last tax year I had to upgrade my product for the system to be able to include my foreign tax credit...
by Whakamole
Fri Dec 01, 2017 1:52 pm
Forum: Personal Finance (Not Investing)
Topic: Why should I donate to my alma mater?
Replies: 133
Views: 9911

Re: Why should I donate to my alma mater?

I look at the extravagant (IMHO) facilities that my alma mater has built, their multi-billion dollar endowment (for a public university no less!), and their statement by their investment managers that they think they can find active managers who can do better than passive. I do note that their 10 ye...
by Whakamole
Sun Nov 19, 2017 2:42 pm
Forum: Personal Finance (Not Investing)
Topic: The valet smashed my Tesla into a brick wall!
Replies: 108
Views: 13623

Re: The valet smashed my Tesla into a brick wall!

Honestly, with this kind of damage the frame probably bent. I wouldn't want a repair. Lawyer up. Demand the full value of the car plus extra damages. Make lemonade out of lemons. Tell them there would be bad publicity. for their venue from a legal battle. I'd also use the records from the Tesla - p...
by Whakamole
Thu Nov 16, 2017 5:31 pm
Forum: Personal Consumer Issues
Topic: Chase Sapphire Res - Anyone use Trip Canc Insurance
Replies: 10
Views: 1070

Re: Chase Sapphire Res - Anyone use Trip Canc Insurance

I tried, it was due to a medical issue on the part of the person going with me. Chase denied it. I would not rely on their travel insurance and instead shop around - relying on the word of a customer service agent cost me $800. Did you have an actual valid claim? Did Chase give a reason and was it ...
by Whakamole
Thu Nov 16, 2017 3:45 pm
Forum: Personal Consumer Issues
Topic: Chase Sapphire Res - Anyone use Trip Canc Insurance
Replies: 10
Views: 1070

Re: Chase Sapphire Res - Anyone use Trip Canc Insurance

I tried, it was due to a medical issue on the part of the person going with me. Chase denied it. I would not rely on their travel insurance and instead shop around - relying on the word of a customer service agent cost me $800.