Search found 1035 matches

by qwertyjazz
Mon Apr 09, 2018 6:43 pm
Forum: Personal Finance (Not Investing)
Topic: Ivy school education. Is it worth it?
Replies: 238
Views: 12378

Re: Ivy school education. Is it worth it?

I live in an affluent area with many doctors, lawyers; movers and shakers. Many of their kids are going to ivy league level schools. Understandably their parents are very proud. My son on the other hand is an average student. So maybe I have an axe to grind. But regardless it is an interesting ques...
by qwertyjazz
Wed Mar 14, 2018 9:57 pm
Forum: Investing - Theory, News & General
Topic: TSP bonds?
Replies: 92
Views: 6672

Re: TSP bonds?

There is something I have not understood. If you never plan to rebalance or sell, is there an advantage of G fund vs equivalent duration government bond? Thank you QJ The G Fund provides a rock-solid, stable pool of money that never decreases. Having money in the G Fund cushions the effects of down...
by qwertyjazz
Wed Mar 14, 2018 9:06 pm
Forum: Investing - Theory, News & General
Topic: TSP bonds?
Replies: 92
Views: 6672

Re: TSP bonds?

There is something I have not understood. If you never plan to rebalance or sell, is there an advantage of G fund vs equivalent duration government bond?

Thank you
QJ
by qwertyjazz
Tue Mar 13, 2018 5:56 pm
Forum: Investing - Theory, News & General
Topic: Who's doing 100% international equity?
Replies: 79
Views: 8802

Re: Who's doing 100% international equity?

I am sorta 100% international with some creative math. If you ignore my Roth IRA and 401ks equivalents which are on autopilot and are either US total stock market, DFA value or target date funds, my taxable is 100% international. That is the only thing I am making conscious decisions on. I am buildi...
by qwertyjazz
Thu Feb 08, 2018 9:37 pm
Forum: Personal Consumer Issues
Topic: Relearning Calculus
Replies: 81
Views: 6261

Re: Relearning Calculus

Rudin Principles of Mathematical Analysis
Spivak is a great book to learn theory
Have fun
by qwertyjazz
Tue Jan 30, 2018 8:05 am
Forum: Investing - Theory, News & General
Topic: TSM believers, defend thyself! (In a good natured, friendly debate.)
Replies: 59
Views: 6554

Re: TSM believers, defend thyself! (In a good natured, friendly debate.)

Is it legitimate for such a person to somewhat substantially tilt towards small cap/value? Why or why not? It is if you believe that there is a an anomaly that grants a premium to small cap / value. That is, if there is a defect in the market that is giving away free money. This is hotly debated ar...
by qwertyjazz
Tue Jan 23, 2018 9:47 pm
Forum: Investing - Theory, News & General
Topic: Backdoor Roth / step-transaction doctrine news: [Congress recognizes process]
Replies: 33
Views: 2855

Re: Backdoor Roth / step-transaction doctrine news: [Congress recognizes process]

The IRS is even more subservient to the congressional intent. In my 5 years with the National Office, technical attorney's at the Service would be more concerned with statements of Congressional intent than they would be with an adverse Circuit Court opinion. See e.g.'s Actions on Decisions by the ...
by qwertyjazz
Tue Jan 23, 2018 5:06 pm
Forum: Forum Issues and Administration
Topic: Doesn't seem like people respond to portfolio assessments like they did a few years ago.
Replies: 105
Views: 9760

Re: Doesn't seem like people respond to portfolio assessments like they did a few years ago.

FiveK wrote:
Tue Jan 23, 2018 4:23 pm
qwertyjazz wrote:
Tue Jan 23, 2018 3:59 pm
HENRY = High Income Not Retired Yet? Best guess
High Earning, Not Rich Yet
Thank you
by qwertyjazz
Tue Jan 23, 2018 5:05 pm
Forum: Investing - Theory, News & General
Topic: Backdoor Roth / step-transaction doctrine news: [Congress recognizes process]
Replies: 33
Views: 2855

Re: Backdoor Roth / step-transaction doctrine news: [Congress recognizes process]

Fascinating - congressional comments years later - not those associated with passing of a law - are to be used for its interpretation
Not a lawyer also but ...
by qwertyjazz
Tue Jan 23, 2018 3:59 pm
Forum: Forum Issues and Administration
Topic: Doesn't seem like people respond to portfolio assessments like they did a few years ago.
Replies: 105
Views: 9760

Re: Doesn't seem like people respond to portfolio assessments like they did a few years ago.

One other note, a very significant percentage of the posts are from the already affluent or HENRYs. If somebody is in the 39.6% federal bracket, I'm comfortable allowing them to do their own research and figure more out on their own. I'd feel more useful if we could get more "portfolio question" th...
by qwertyjazz
Mon Jan 22, 2018 1:36 pm
Forum: Investing - Help with Personal Investments
Topic: 50/50 AA recommended by Benjamin Graham
Replies: 43
Views: 4632

Re: 50/50 AA recommended by Benjamin Graham

An interesting question, which I once made a shallow dig into without coming up with any satisfying answer, is how did 50/50 become 60/40? Graham suggests the nice-round-number 50/50 allocation as the neutral center (in "The Intelligent Investor," 1973). Bogle suggested 50/50 (in "Twelve Pillars," ...
by qwertyjazz
Tue Jan 16, 2018 2:58 am
Forum: Personal Finance (Not Investing)
Topic: Considering PhD...but so much to consider...
Replies: 51
Views: 3665

Re: Considering PhD...but so much to consider...

Education PhD marketability varies tremendously based on what skills you develop and the market for them. If you become a top notched psychometrician, the pay is pretty good. If you like education theories or administration stuff, it can vary. You mention that you are interested in the data analysis...
by qwertyjazz
Mon Jan 08, 2018 4:18 pm
Forum: Investing - Help with Personal Investments
Topic: 529 asset allocation
Replies: 14
Views: 740

Re: 529 asset allocation

I seem to recall reading in the Utah 529 plan that withdrawals are made proportionally from underlying funds at the target asset allocation. Is this incorrect or do I remember incorrectly, or perhaps atypical of other plans? It seems that they really try to limit actively changing things very much ...
by qwertyjazz
Fri Jan 05, 2018 4:42 pm
Forum: Forum Issues and Administration
Topic: Misuse of adverse when averse was meant
Replies: 149
Views: 7339

Re: Misuse of adverse

Maybe they are just sophisticated but cynical and view most changes in stock prices related adverse selection of offerings being manipulated in the market by traders and companies having differential knowledge - they are risk adverse? But like all gamblers being asked why they play a crooked game, t...
by qwertyjazz
Wed Dec 27, 2017 1:39 am
Forum: Investing - Theory, News & General
Topic: Just not getting it [Stock Picking versus TSM]
Replies: 98
Views: 14819

Re: Just not getting it

There are plenty of people out there that are smarter than you or I and have more information about individual stocks than we do. They do this full time and don't have a 9-5 job. They are called fund managers. Not one of them has been able to out perform the TSM over the long term. Past performance...
by qwertyjazz
Wed Dec 27, 2017 1:17 am
Forum: Personal Finance (Not Investing)
Topic: Should I continue paying off debt like I did in 2017?
Replies: 7
Views: 1687

Re: Should I continue paying off debt like I did in 2017?

The concept I have learned this year is sequence of returns risk. If the stock market had an equal return every year, then you would rather front load paying off debt to lower your personal risk from it. If you could even predict the years the stock market would have positive returns, then you could...
by qwertyjazz
Wed Dec 27, 2017 12:51 am
Forum: Investing - Help with Personal Investments
Topic: $60,000 unrealized loss in '17 that I don't need
Replies: 30
Views: 3958

Re: $60,000 unrealized loss in '17 that I don't need

Livesoft’s advice is probably correct But it assumes that the initial investment in GE was inferior to having bought an index. Of course given the forum, that is probably a safe statement. But if you in 2017 still believe in stock picking, then being out of the market for that stock for 30 days for ...
by qwertyjazz
Wed Dec 27, 2017 12:20 am
Forum: Personal Finance (Not Investing)
Topic: Availability of health care providers - how to factor this in a move?
Replies: 77
Views: 4612

Re: Availability of health care providers - how to factor this in a move?

I suspect that another problem with measuring healthcare on a grand scale is that the statistics are probably dominated by the quality of care available to those with the worst access. This is strictly a guess, but my guess is that "Iowa has good healthcare" probably has more to do with whether chi...
by qwertyjazz
Sun Dec 24, 2017 1:36 pm
Forum: Investing - Theory, News & General
Topic: Chained CPI - how does it work?
Replies: 30
Views: 2295

Re: Chained CPI - how does it work?

Geometric mean smooths put lack of info and lag

https://www.bls.gov/cpi/additional-reso ... uction.pdf

See original description
by qwertyjazz
Tue Oct 17, 2017 7:07 am
Forum: Investing - Help with Personal Investments
Topic: Should I contribute 100% of paycheck to 401k?
Replies: 13
Views: 3013

Re: Should I contribute 100% of paycheck to 401k?

It matters if you get a match. Some match programs only match each month if there is a contribution. If no match, some argue to invest as early in the year as possible every year to increase compounding time.
by qwertyjazz
Thu Oct 12, 2017 1:23 pm
Forum: Investing - Help with Personal Investments
Topic: 100% invested, all in, no cash- how do you do it?
Replies: 42
Views: 4231

Re: 100% invested, all in, no cash- how do you do it?

I have been wondering about this too. The underlying problem is even with steady secure employment and a long investment horizon individual expenses are more granular. Different months have different expenses - car, trips, purchases etc. I would like to have next to no EF and an exceedingly small am...
by qwertyjazz
Thu Sep 28, 2017 6:26 pm
Forum: Personal Consumer Issues
Topic: The Expert's Dilemma - How can I know I'm getting a good physician without being one myself?
Replies: 125
Views: 9603

Re: The Expert's Dilemma - How can I know I'm getting a good physician without being one myself?

Does going to a doc in a highly ranked medical system help? I go to Duke for my docs and I would think that they would weed out any docs that are substandard. Would that be an accurate assumption? That is like asking would a great English Professor at Harvard be who you would want to teach you comp...
by qwertyjazz
Thu Sep 28, 2017 6:20 pm
Forum: Local Chapters and Bogleheads Community
Topic: Bogleheads you would most like to meet and why?
Replies: 134
Views: 11100

Re: Bogleheads you would most like to meet and why?

TheTimeLord wrote:
Sat Sep 23, 2017 7:49 am
Someday I would like to meet myself. I have heard I am funny and witty and I think I would enjoy my company.
I believe you chose the correct name then
http://tardis.wikia.com/wiki/List_of_mu ... or_stories
by qwertyjazz
Thu Sep 28, 2017 6:16 pm
Forum: Investing - Theory, News & General
Topic: Why do you LBYM? Why do you save and invest?
Replies: 204
Views: 17056

Re: Why do you LBYM? Why do you save and invest?

KF Great question. For most of my life, I did not care about money. Having a family and a bad experience at work changed that. I never really valued much things that I could be cheaply and never had the money to buy things that would have made a difference (millions of dollars level) or donated (fun...
by qwertyjazz
Mon Sep 25, 2017 5:04 am
Forum: Personal Consumer Issues
Topic: The Expert's Dilemma - How can I know I'm getting a good physician without being one myself?
Replies: 125
Views: 9603

Re: The Expert's Dilemma - How can I know I'm getting a good physician without being one myself?

I have never heard of any patient being allowed to observe another's surgery or procedure and don't see how that would help anyway. I have permitted Med students to observe at teaching hospitals when I or a family member is the patient but not random patients. http://m.huffpost.com/us/entry/us_56fc...
by qwertyjazz
Mon Sep 18, 2017 7:25 am
Forum: Investing - Theory, News & General
Topic: The Difference Between Risk and Uncertainty
Replies: 41
Views: 3340

Re: The Difference Between Risk and Uncertainty

...1. Risk is the (often roughly) known probability of a known outcome. 2. Uncertainty is when the probability is unknown and/or the outcome is unknown. Those are pretty much Knight's definitions. Unfortunately, I've discovered that his definitions are not by any means widely accepted. The funny th...
by qwertyjazz
Mon Sep 18, 2017 2:49 am
Forum: Investing - Theory, News & General
Topic: Are long-term market returns reliable?
Replies: 38
Views: 4668

Re: Are long-term market returns reliable?

I'm not sure I agree with the comments that, even if poor outcomes can result after 30 years of disciplined saving and investing, that information is not actionable. It's in the hands of the Gods. All we can do is continue to chug along like good soldiers, do what we always do, and believe -- that'...
by qwertyjazz
Sun Sep 17, 2017 8:57 pm
Forum: Investing - Theory, News & General
Topic: The Difference Between Risk and Uncertainty
Replies: 41
Views: 3340

Re: The Difference Between Risk and Uncertainty

There is a huge lit on this, but the simplest version is this... 1. Risk is the (often roughly) known probability of a known outcome. So a 50% chance of losing $100 is a risk of a negative outcome. Sometimes this is put it terms of expected utility or decision theory. 2. Uncertainty is when the pro...
by qwertyjazz
Sat Sep 02, 2017 9:02 pm
Forum: Personal Consumer Issues
Topic: Florida Hurricanes: When and where to go?
Replies: 141
Views: 15097

Re: Florida Hurricanes: When and where to go?

http://www.nhc.noaa.gov/prepare/ready.php

Read it through and follow the links. Have a good weather app on your phone. The answer in regards to evacuation is it depends which although not satisfying is correct. Learn more
by qwertyjazz
Sat Sep 02, 2017 8:40 pm
Forum: Investing - Theory, News & General
Topic: What if?- a glut of 'baby-boomers' buying SPIAs at age 75-85?
Replies: 23
Views: 2199

Re: What if?- a glut of 'baby-boomers' buying SPIAs at age 75-85?

The underlying question is whether they would be in the same risk pool as those younger. There is not a fixed amount of 'annuities' per my limited understanding. It simply increases the pool. Assuming no bias in who buys and no risk splitting (Rothschild-Stihlitz), then the larger pool should simply...
by qwertyjazz
Sat Sep 02, 2017 8:33 pm
Forum: Investing - Help with Personal Investments
Topic: effect of home purchase on AA
Replies: 11
Views: 1133

Re: effect of home purchase on AA

The only other variable to include would be whether you have any intention of selling it at any point. Then it's possibly variable value would also have to be considered. Otherwise, starting with a cash flow analysis of current rent minus future HOA of condo with a consideration of current net asset...
by qwertyjazz
Sat Sep 02, 2017 7:28 pm
Forum: Local Chapters and Bogleheads Community
Topic: [Are the Bogleheads] getting less interesting?
Replies: 255
Views: 20970

Re: [Are the Bogleheads] getting less interesting?

It is true that this community has matured and just about everything has been discussed before. The recent coyote thread follows at least one or two previous coyote threads. I also wonder if the Houston poster is still worried about the chamber bitter weed in their grass? https://www.bogleheads.org...
by qwertyjazz
Sun Aug 13, 2017 3:46 pm
Forum: Personal Finance (Not Investing)
Topic: Life at crossroads. What would you do ?
Replies: 198
Views: 20277

Re: Life at crossroads. What would you do ?

https://aeon.co/essays/how-work-changed-to-make-us-all-passionate-quitters << The quitting economy When employees are treated as short-term assets, they reinvent themselves as marketable goods, always ready to quit>> OP, This article might be useful to you. KlangFool The underlying question, OP, is...
by qwertyjazz
Mon Aug 07, 2017 10:10 pm
Forum: Personal Consumer Issues
Topic: Las Vegas Slot Machine Strategy (maximize entertainment value)
Replies: 31
Views: 3097

Re: Las Vegas Slot Machine Strategy (maximize entertainment value)

The goal is lowering the rate you can complete a bet because the house almost always has an advantage. So if you wear glasses, leave them at home. Break a couple of bones so that you concentrate more on the pain. Drinking alchohol is mixed results as it lowers inhibitions (n.b.; the free drinks give...
by qwertyjazz
Tue Aug 01, 2017 2:05 pm
Forum: Investing - Theory, News & General
Topic: [Fidelity Beats Vanguard on Total Expenses for 14 Index Mutual Funds]
Replies: 63
Views: 5343

Re: How Fidelity’s War With Vanguard Means Big Savings for Investors

Often lost in these discussions about the balance of cost and service, is the fact that many Vanguard customers/investors have no assets or accounts at Vanguard Brokerage Services. Also, this is a decidedly one way war since Vanguard runs at-cost. https://www.google.com/amp/s/www.bloomberg.com/amp/...
by qwertyjazz
Tue Aug 01, 2017 1:05 pm
Forum: Investing - Theory, News & General
Topic: SNAP News - S&P 500 Index vs Total Stock Market Index
Replies: 10
Views: 1225

Re: SNAP News - S&P 500 Index vs Total Stock Market Index

I think the question will be whether they will tract as closely over the next ten years. Being the idiot I am, I would not even hazard a guess as to which will be 'better.'
by qwertyjazz
Tue Aug 01, 2017 7:01 am
Forum: Investing - Theory, News & General
Topic: [Fidelity Beats Vanguard on Total Expenses for 14 Index Mutual Funds]
Replies: 63
Views: 5343

Re: How Fidelity’s War With Vanguard Means Big Savings for Investors

Often lost in these discussions about the balance of cost and service, is the fact that many Vanguard customers/investors have no assets or accounts at Vanguard Brokerage Services. Also, this is a decidedly one way war since Vanguard runs at-cost. https://www.google.com/amp/s/www.bloomberg.com/amp/...
by qwertyjazz
Wed Jul 26, 2017 4:38 pm
Forum: Personal Consumer Issues
Topic: Where to move? New job, considering Nevada...
Replies: 28
Views: 3208

Re: Where to move? New job, considering Nevada...

Is this a telemedicine job? There might be issues of taxation of state the service provided in.
by qwertyjazz
Fri Jul 21, 2017 7:13 am
Forum: Personal Finance (Not Investing)
Topic: Kicking the net worth habit
Replies: 47
Views: 6072

Re: Kicking the net worth habit

I like the if you annuitize your money approach

https://www.immediateannuities.com/annu ... rs/?sce=hc

It is dependent though on interest rates. I like that it is also dependent on average life expectancy. It is also nice that it is at least theoretically actionable even if you never do it.
by qwertyjazz
Thu Jul 20, 2017 9:49 pm
Forum: Personal Consumer Issues
Topic: Indoor activities for a 3-year-old
Replies: 61
Views: 3814

Re: Indoor activities for a 3-year-old

BOB Books
Reading Rainbow App on iPhone
Keyboard piano
Train sets
Chalkboard
Phonics Cards
Nursery Rhymes
Silly Dances
by qwertyjazz
Wed Jul 19, 2017 11:42 am
Forum: Investing - Theory, News & General
Topic: Risk, Return, and Rebalancing
Replies: 104
Views: 4930

Re: Risk, Return, and Rebalancing

Cantpassagain: "Anything is possible..." We're talking about whether to rebalance right now. My argument is that the steady 30 year decline of yields - from 15% to 2% - cannot be repeated when bond yields are currently under 3%. So a repeat of 1982 to 2012 is not going to happen until interest rate...
by qwertyjazz
Wed Jul 19, 2017 11:31 am
Forum: Investing - Theory, News & General
Topic: Risk, Return, and Rebalancing
Replies: 104
Views: 4930

Re: Risk, Return, and Rebalancing

Let's have a look at the chart on the bottom of this page on Risk and Time. http://www.norstad.org/finance/risk-and-time.html Paul There seems to be a false dichotomy of rebalancing at a fixed AA or 100 percent equities. There should to be some more reasonable approach to shifts to fixed income tak...
by qwertyjazz
Wed Jul 19, 2017 10:30 am
Forum: Investing - Theory, News & General
Topic: Risk, Return, and Rebalancing
Replies: 104
Views: 4930

Re: Risk, Return, and Rebalancing

From a returns perspective, rebalancing has historically either made virtually no difference or had a significant negative effect. For instance, a rebalanced portfolio with 60% TSM and 40% ITT starting with nothing and getting annual contributions of $10k from 1972 until now would be worth $14.21 m...
by qwertyjazz
Wed Jul 19, 2017 10:14 am
Forum: Investing - Theory, News & General
Topic: Risk, Return, and Rebalancing
Replies: 104
Views: 4930

Re: Risk, Return, and Rebalancing

Yeah rebalancing and the AA model is concerned with controlling the percentage risk at a given time point - but you buy milk with dollars and not percent of assets and utility of extra money is not constant regardless of amount
by qwertyjazz
Wed Jul 19, 2017 6:11 am
Forum: Personal Consumer Issues
Topic: Books not to read.
Replies: 155
Views: 14568

Re: Books not to read.

Fiction books in general. There are so many excellent non-fiction books to be read I gave fiction up decades ago. :shock: ^Let this be a warning to myself. Books not to read... Hmm... Time surely is better spent on some books than others, but it's darn near impossible to read a book and not get som...
by qwertyjazz
Tue Jul 18, 2017 11:08 pm
Forum: Personal Consumer Issues
Topic: Books not to read.
Replies: 155
Views: 14568

Re: Books not to read.

Necronomicon Ex-mortis
by qwertyjazz
Tue Jul 18, 2017 9:58 pm
Forum: Personal Consumer Issues
Topic: Books not to read.
Replies: 155
Views: 14568

Re: Books not to read.

The Millionaire Next Door by Stanley and Danko. Victoria Hi Victoria - I read this book many years ago so I am interested in your thoughts. Best. The book is poorly written. The people profiled in the book are uninspiring. The theme is not only anti-consumption but also anti-intellectual. Accumulat...
by qwertyjazz
Tue Jul 18, 2017 7:45 pm
Forum: Personal Consumer Issues
Topic: Books not to read.
Replies: 155
Views: 14568

Re: Books not to read.

Anything by Jane Austen Gasp! And today the 200th anniversary of her death! I think Jane Austen was a very astute observer of the effects of money on people. Her chapter in Sense and Sensibility when the sister in law justifies a lower and lower amount of inheritance for her husband's sisters and s...
by qwertyjazz
Mon Jul 17, 2017 9:59 pm
Forum: Investing - Help with Personal Investments
Topic: Investment advice for $4 million - can I do all stocks?
Replies: 72
Views: 7104

Re: Investment advice for $4 million - can I do all stocks?

You are investing for your kids. So if you are investing for their retirement, then 100% stocks makes perfect sense. But if you are investing for their first house in SF or a condo in NYC, then you might want to spend the money while you are still alive. If your timeframe then shifts to 20 years, do...
by qwertyjazz
Sat Jul 15, 2017 12:49 pm
Forum: Investing - Help with Personal Investments
Topic: How to invest 300K
Replies: 33
Views: 3572

Re: How to invest 300K

If you truly want to be 100 percent stocks - 150k EF balancing the safe asset of your ongoing incomes, then invest it all at once. If you are hesitating, then consider having a 1-2 year worth of spending in bonds. Cash likely should just be for a few days of liquidity in your case. If you are not th...