Search found 1494 matches

by Da5id
Sat Nov 18, 2017 8:01 am
Forum: Personal Finance (Not Investing)
Topic: Risks of Non-ACA Compliant Health Insurance?
Replies: 64
Views: 2198

Re: Risks of Non-ACA Compliant Health Insurance?

It's probably hard to run up $1M in costs in just 6 months, but I guess it's possible. It's not hard at all if you have a premie with birth defects. Or the whole family is in a car accident. OP said the policy was per person, so a car crash is no worse for the whole family in terms of coverage than...
by Da5id
Fri Nov 17, 2017 5:58 pm
Forum: Investing - Theory, News & General
Topic: The 4% rule DOES fail but still makes sense!
Replies: 148
Views: 9291

Re: The 4% rule DOES fail but still makes sense!

If retirees truly feared running out of money more than death, then why aren't more buying guaranteed income through vehicles such as SPIAs? They might not guarantee a certain standard of living, but they do guarantee that you'll never run out of money. Why should I believe in the guarantee given b...
by Da5id
Fri Nov 17, 2017 3:38 pm
Forum: Investing - Theory, News & General
Topic: Should you own only non-U.S. stocks?
Replies: 63
Views: 6036

Re: Should you own only non-U.S. stocks?

<ironic>Might as well only own non-US stocks. The foreign companies sell to the United States, that gives you plenty of exposure to the US market.</ironic>
by Da5id
Fri Nov 17, 2017 3:35 pm
Forum: Personal Finance (Not Investing)
Topic: Risks of Non-ACA Compliant Health Insurance?
Replies: 64
Views: 2198

Re: Risks of Non-ACA Compliant Health Insurance?

Over the decades, in many types of plans - it has been my experience that I have never encountered a Physician in the HMO network that I believed or experienced that was any more "mediocre" (or worse) than in other plans. I think that most doctors in the US are fine for most purposes. That said, it...
by Da5id
Fri Nov 17, 2017 1:56 pm
Forum: Personal Finance (Not Investing)
Topic: Risks of Non-ACA Compliant Health Insurance?
Replies: 64
Views: 2198

Re: Risks of Non-ACA Compliant Health Insurance?

Do you mind if I ask why you insist on a PPO plan if you are all healthy with no pre-existing conditions? This. For most healthy people with low expected health care expenses, an HDHP with HSA is cost effective EVEN IF you experience a serious health problem. HDHP with HSA can be a PPO, so your mea...
by Da5id
Fri Nov 17, 2017 1:47 pm
Forum: Investing - Theory, News & General
Topic: The 4% rule DOES fail but still makes sense!
Replies: 148
Views: 9291

Re: The 4% rule DOES fail but still makes sense!

The initial chance of success was precisely 94.9%, not 100%. If the original calculation gave a 100% success rate it would mean there is no risk of a failure. However since the success rate was 94.9%, that gives us a 5.1% chance of the strategy failing. People say things like this, but they are rea...
by Da5id
Fri Nov 17, 2017 10:17 am
Forum: Investing - Theory, News & General
Topic: The 4% rule DOES fail but still makes sense!
Replies: 148
Views: 9291

Re: The 4% rule DOES fail but still makes sense!

Suicide is a crime in many states. Promoting criminal activity is a no-no on many discussion forums, but I don't know about this one. I'm too new. If you think a post violates the forum policies, click the little ! button to flag it and a moderator will investigate and decide. I don't think there i...
by Da5id
Fri Nov 17, 2017 7:30 am
Forum: Investing - Theory, News & General
Topic: The 4% rule DOES fail but still makes sense!
Replies: 148
Views: 9291

Re: The 4% rule DOES fail but still makes sense!

It's illogical because if you ran out of money, you could just end your life. If you fear living with no money more than death, then you should choose the latter. I don't say this to be morose; it's just logical. I think that should be up there in the pantheon of spending plans 1) 4% rule (OK, not ...
by Da5id
Thu Nov 16, 2017 11:35 am
Forum: Investing - Theory, News & General
Topic: The 4% rule DOES fail but still makes sense!
Replies: 148
Views: 9291

Re: The 4% rule DOES fail but still makes sense!

I just see little, if any, benefit of the VPW method over a more-or-less fixed percentage withdrawal plan. By definition, these also have a 100% success rate, though the withdrawals could become low in later years if the sequence of returns is very poor. I'm not sure what spending plan I'll be usin...
by Da5id
Thu Nov 16, 2017 8:11 am
Forum: Investing - Help with Personal Investments
Topic: Complaint Escalation [at Vanguard - how to?]
Replies: 6
Views: 1065

Re: Complaint Escalation [at Vanguard - how to?]

Does anyone know how to escalate a complaint at Vanguard and talk with someone other than their Flagship representative? I have already tried him and I also sent a letter by snail mail to the CEO that was just replied to with a standard fairly vacuous non-responsive form letter suggesting I contact...
by Da5id
Thu Nov 16, 2017 8:06 am
Forum: Investing - Theory, News & General
Topic: The 4% rule DOES fail but still makes sense!
Replies: 148
Views: 9291

Re: The 4% rule DOES fail but still makes sense!

Still waiting for the first Boglehead thread to claim an negative withdrawal rate is unsafe because it causes an increase in taxes. Distracting animated gif removed by Mod Mel. (They're not allowed.) If it weren't for beating dead horses (4% rule, international or not, home ownership, etc) what wou...
by Da5id
Wed Nov 15, 2017 3:06 pm
Forum: Investing - Theory, News & General
Topic: The 4% rule DOES fail but still makes sense!
Replies: 148
Views: 9291

Re: The 4% rule DOES fail but still makes sense!

I also have a few friends who have rentals and I agree that it might be a good income source in retirement. But I consider managing rentals as a part-time job and I don't want to do that. I still remember one of my friends asked me to help him rent a truck and move a new refrigerator into his renta...
by Da5id
Wed Nov 15, 2017 1:52 pm
Forum: Investing - Theory, News & General
Topic: The 4% rule DOES fail but still makes sense!
Replies: 148
Views: 9291

Re: The 4% rule DOES fail but still makes sense!

If 25x is "VASTLY more money than overwhelming majority will ever have", what does 3% imply? What is your point? 10x annual expenses is also VASTLY more savings than the overwhelming majority will have in the US (not talking Bogleheads here). Most retire on their social security and not a ton of ad...
by Da5id
Wed Nov 15, 2017 12:57 pm
Forum: Investing - Theory, News & General
Topic: The 4% rule DOES fail but still makes sense!
Replies: 148
Views: 9291

Re: The 4% rule DOES fail but still makes sense!

my simplistic plan is to retire with more than i would ever need - say, a 2.5-3% withdrawal rate based on a moderately exaggerated budget - and just prudently draw down as i go... That works too but understand you are now essentially applying 2% guideline to your realistic expense budget. You can a...
by Da5id
Wed Nov 15, 2017 10:25 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 4148
Views: 1100450

Re: U.S. stocks in freefall

Sorry everyone. I thought for sure my bi-weekly 401k money going in yesterday would boost the market. This must be the first red day my money actually went in on in six or eight months. Don't worry though, next year I'll be able to max out my 401k for the first year ever, and max out two Roth IRAs....
by Da5id
Wed Nov 15, 2017 9:54 am
Forum: Investing - Help with Personal Investments
Topic: 529 Plans - At what age do I move to conservative?
Replies: 24
Views: 1705

Re: 529 Plans - At what age do I move to conservative?

[Edited to update my thoughts a bit] Not sure I totally agree with dialing it back to the conservative setting at 14-16. That gets you to 0% stock, not much inflation protection (and higher ed inflation may be more than CPI) even though you are mostly there. Moderate age based has you at 20% stocks ...
by Da5id
Tue Nov 14, 2017 3:39 pm
Forum: Investing - Theory, News & General
Topic: The 4% rule DOES fail but still makes sense!
Replies: 148
Views: 9291

Re: The 4% rule DOES fail but still makes sense!

Still waiting for the first Boglehead thread to claim an negative withdrawal rate is unsafe because it causes an increase in taxes. Distracting animated gif removed by Mod Mel. (They're not allowed.) If it weren't for beating dead horses (4% rule, international or not, home ownership, etc) what wou...
by Da5id
Tue Nov 14, 2017 2:58 pm
Forum: Forum Issues and Administration
Topic: How to Follow a Post
Replies: 8
Views: 437

Re: How to Follow a Post

Da5id, Where is the little wrench dropdown menu? It is not anywhere on my screen. It seems to me that there was a place at the bottom of a post, as late as yesterday, where you could subscribe or unsubscribe but it is not there today. Before you reply please look at your screens and see if everythi...
by Da5id
Tue Nov 14, 2017 2:47 pm
Forum: Forum Issues and Administration
Topic: How to Follow a Post
Replies: 8
Views: 437

Re: How to Follow a Post

Da5id, Where is the little wrench dropdown menu? It is not anywhere on my screen. It seems to me that there was a place at the bottom of a post, as late as yesterday, where you could subscribe or unsubscribe but it is not there today. Before you reply please look at your screens and see if everythi...
by Da5id
Tue Nov 14, 2017 1:45 pm
Forum: Investing - Theory, News & General
Topic: P/E ratio only 18??
Replies: 8
Views: 790

Re: P/E ratio only 18??

privatefarmer wrote:
Tue Nov 14, 2017 1:44 pm
S/p 500 P/E ratio now at 18?? Wasn't it JUST in the lower to mid 20s? And market has only been going UP??? Why Is nobody talking about this?? "Nobody knows nothin"
Source? http://www.multpl.com/ says it is 25.68.
by Da5id
Tue Nov 14, 2017 1:39 pm
Forum: Investing - Theory, News & General
Topic: The 4% rule DOES fail but still makes sense!
Replies: 148
Views: 9291

Re: The 4% rule DOES fail but still makes sense!

To ALL: In the OP example, which was used in several places, some people wanted to show that when person A and person B (Test A and Test B), with the same portfolio and same spending level, which person B, retired in 2018, will fail according to the 4% rule, while person A, retired in 2017, will su...
by Da5id
Tue Nov 14, 2017 1:27 pm
Forum: Forum Issues and Administration
Topic: How to Follow a Post
Replies: 8
Views: 437

Re: How to Follow a Post

tomd37 wrote:
Tue Nov 14, 2017 1:22 pm
I don't see a way to follow a particular post. Is there a way and is it working today?
You can subscribe or bookmark a topic. See the little wrench dropdown menu?
by Da5id
Tue Nov 14, 2017 1:26 pm
Forum: Investing - Theory, News & General
Topic: The 4% rule DOES fail but still makes sense!
Replies: 148
Views: 9291

Re: The 4% rule DOES fail but still makes sense!

In a historical periods model there are perhaps a hundred periods so plus or minus one means nothing,including that 100% success is meaningless. Can you explain why there are only 100 periods? Is it because one only has data for a single point in a year? What if one had data for every quarter or be...
by Da5id
Tue Nov 14, 2017 12:16 pm
Forum: Investing - Theory, News & General
Topic: What is all the recent talk about a bond bubble?
Replies: 22
Views: 2268

Re: What is all the recent talk about a bond bubble?

I-bonds (current composite yield 2.58%) are also competitive with treasuries/CDs... I-bonds do have limitations, but they are a fair enough deal these days despite the 0.1% fixed component of the rate.
by Da5id
Tue Nov 14, 2017 9:39 am
Forum: Investing - Theory, News & General
Topic: Passive investing is a 'chaotic system' that could be dangerous?
Replies: 20
Views: 1691

Re: Passive investing is a 'chaotic system' that could be dangerous?

I'm fairly new to index investing with bogleheads advice. Wondering what your thoughts on this article are... https://www.cnbc.com/2017/11/14/robert-shiller-passive-investing-is-a-dangerous-chaotic-system.html Schiller is a smart guy, no doubt about it. But I don't get the issue. If too many people...
by Da5id
Mon Nov 13, 2017 3:29 pm
Forum: Investing - Theory, News & General
Topic: What is all the recent talk about a bond bubble?
Replies: 22
Views: 2268

Re: What is all the recent talk about a bond bubble?

If you (where you is a pundit) call something a bubble, you set up the following: 1) The bubble doesn't materialize. You never mention your call again, and hope people don't remember it. Or you say "you called it too early but it is still coming" 2) The bubble materializes (say bond prices tank). Yo...
by Da5id
Mon Nov 13, 2017 2:58 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Slaughtering The High Dividend Sacred Cow
Replies: 192
Views: 12908

Re: Larry Swedroe: Slaughtering The High Dividend Sacred Cow

I will give you all a great and very simple example of why people get confused about investing. As I mentioned earlier I own some Wellesley. According to Swedroe,I am committing 3 mortal sins.Dividend stocks,corporate bonds and managed fund. According to Bogle,I am just fine. That’s all. Experts di...
by Da5id
Mon Nov 13, 2017 11:18 am
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Slaughtering The High Dividend Sacred Cow
Replies: 192
Views: 12908

Re: Larry Swedroe: Slaughtering The High Dividend Sacred Cow

I've been re-reading Buffett's letters to shareholders, and as usual, he's made some observations that few others in the financial world have made. 1. He agrees that share repurchases are more tax-efficient to shareholders, given the current U.S. tax regime. 2. But he says that managers of corporat...
by Da5id
Mon Nov 13, 2017 10:46 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 4148
Views: 1100450

Re: U.S. stocks in freefall

I see nothing but the illusionary tax reform support the current market. IMHO, it will go down sooner or later, succeed or fail. Or, to rephrase, "nobody knows nuthin". For all the humor in the thread in these days of a prolonged bull market, folks may not be laughing when the next crash comes. As ...
by Da5id
Sun Nov 12, 2017 8:07 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Slaughtering The High Dividend Sacred Cow
Replies: 192
Views: 12908

Re: Larry Swedroe: Slaughtering The High Dividend Sacred Cow

Man, I never went to parochial school but there are people here who see fit to enforce discipline on investing scofflaws. If arguing against misguided ideas (like dividends investing > total return investing) is worthy of criticism, OK. I'd argue that letting inaccurate statements stand unchallenge...
by Da5id
Sun Nov 12, 2017 11:47 am
Forum: Investing - Theory, News & General
Topic: Yay, my question was answered by Jack
Replies: 40
Views: 3667

Re: Yay, my question was answered by Jack

SS is not really much like a bond, because you can't cash it in and it doesn't mature. What it is very similar to is an inflation-adjusted life annuity with favorable taxation characteristics and a partial joint annuity feature that applies to some married people whose PIA is much lower than their ...
by Da5id
Sun Nov 12, 2017 11:40 am
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Slaughtering The High Dividend Sacred Cow
Replies: 192
Views: 12908

Re: Larry Swedroe: Slaughtering The High Dividend Sacred Cow

Man, I never went to parochial school but there are people here who see fit to enforce discipline on investing scofflaws. If arguing against misguided ideas (like dividends investing > total return investing) is worthy of criticism, OK. I'd argue that letting inaccurate statements stand unchallenge...
by Da5id
Sat Nov 11, 2017 8:59 am
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Slaughtering The High Dividend Sacred Cow
Replies: 192
Views: 12908

Re: Larry Swedroe: Slaughtering The High Dividend Sacred Cow

Man, I never went to parochial school but there are people here who see fit to enforce discipline on investing scofflaws. If arguing against misguided ideas (like dividends investing > total return investing) is worthy of criticism, OK. I'd argue that letting inaccurate statements stand unchallenge...
by Da5id
Thu Nov 09, 2017 2:33 pm
Forum: Investing - Help with Personal Investments
Topic: Should I open an account with Vanguard?
Replies: 28
Views: 2050

Re: Should I open an account with Vanguard?

I have been with eTrade for about five years. I am just now realizing that I can get the admiral funds with Vanguard if I open my account with them. The Admiral funds have much lower expenses. I also have a Roth IRA that I would like to roll over from American Funds. I like the Vanguard Funds and i...
by Da5id
Thu Nov 09, 2017 11:06 am
Forum: Investing - Help with Personal Investments
Topic: Do telecom stocks have a future?
Replies: 64
Views: 3305

Re: Do telecom stocks have a future?

I personally would never quote Wikipedia it's not a reliable source especially when the telco's write the state and federal laws for the politicians. It just so happened that there was a side benefit to number porting that customers liked but that was not the main reason for the law as churn is har...
by Da5id
Thu Nov 09, 2017 10:56 am
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Slaughtering The High Dividend Sacred Cow
Replies: 192
Views: 12908

Re: Larry Swedroe: Slaughtering The High Dividend Sacred Cow

Through all of my meandering on this site, I think I am the last person to comment on a dividend thread. But here goes an honest, non-rhetorical question: If we assume that the price doesn't drop by the dividend, as a rule, why hasn't a crafty manager used this to build a dividend fund whose only a...
by Da5id
Thu Nov 09, 2017 10:37 am
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Slaughtering The High Dividend Sacred Cow
Replies: 192
Views: 12908

Re: Larry Swedroe: Slaughtering The High Dividend Sacred Cow

Do you have a current reference that indicates the deviation of stock decline in the US on ex-dividend date from the predicted amount? Here's a paper from last year[1] which is where I learned about it. [1]: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=2410534 Interesting, thanks. I note tha...
by Da5id
Thu Nov 09, 2017 10:32 am
Forum: Investing - Help with Personal Investments
Topic: Do telecom stocks have a future?
Replies: 64
Views: 3305

Re: Do telecom stocks have a future?

As a Network Engineer at one of the big 4 telco's I have to snort at this .... There is absolutely no competition in the USA. What you see as dynamic companies are really just MVNO's of the major four, they own them all. "No contracts" is just pre-pay contracts which is cheaper for them not us. "Nu...
by Da5id
Thu Nov 09, 2017 10:05 am
Forum: Investing - Help with Personal Investments
Topic: Do telecom stocks have a future?
Replies: 64
Views: 3305

Re: Do telecom stocks have a future?

Well, that why I was crowd-sourcing this question here nisprius. Thank you. Also, I know there are many members here who used to be in this field too, and may be thinking the same thing. Sometimes you just hold on to certain stocks out of inertia or just from a buy-and-hold mentality, however misgu...
by Da5id
Thu Nov 09, 2017 10:03 am
Forum: Personal Finance (Not Investing)
Topic: Having second thoughts about building up hsa
Replies: 17
Views: 1486

Re: Having second thoughts about building up hsa

This may be a semantic distinction, but I know that for FSA "receipts" on their own are insufficient. A credit card receipt that just says "Dr. Smith, $225.76" is not enough. Our FSA provider will not reimburse unless you have a piece of paper stating the patient's name and service rendered. EOB fr...
by Da5id
Thu Nov 09, 2017 9:52 am
Forum: Investing - Help with Personal Investments
Topic: Do telecom stocks have a future?
Replies: 64
Views: 3305

Re: Do telecom stocks have a future?

Well, that why I was crowd-sourcing this question here nisprius. Thank you. Also, I know there are many members here who used to be in this field too, and may be thinking the same thing. Sometimes you just hold on to certain stocks out of inertia or just from a buy-and-hold mentality, however misgu...
by Da5id
Thu Nov 09, 2017 9:48 am
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Slaughtering The High Dividend Sacred Cow
Replies: 192
Views: 12908

Re: Larry Swedroe: Slaughtering The High Dividend Sacred Cow

(where the price of your shares falls by the amount of the dividends) While I understand that this is a useful and convenient way to explain things to people who have bought the dividend Kool-Aid, it isn't true. The price of shares is set by the market. The amount of dividend is not. There is no ma...
by Da5id
Thu Nov 09, 2017 9:08 am
Forum: Investing - Help with Personal Investments
Topic: Do telecom stocks have a future?
Replies: 64
Views: 3305

Re: Do telecom stocks have a future?

Well, that why I was crowd-sourcing this question here nisprius. Thank you. Also, I know there are many members here who used to be in this field too, and may be thinking the same thing. Sometimes you just hold on to certain stocks out of inertia or just from a buy-and-hold mentality, however misgu...
by Da5id
Thu Nov 09, 2017 8:59 am
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Slaughtering The High Dividend Sacred Cow
Replies: 192
Views: 12908

Re: Larry Swedroe: Slaughtering The High Dividend Sacred Cow

How about fund that includes all of the nondividend stocks (TSM-Div. stocks) that can be placed in a taxable account and a fund that includes all of the the dividend stocks (TSM-nondividend stocks) that can be placed in a tax advantaged account? BRK aside, non-dividend stocks tend to be "growth" st...
by Da5id
Thu Nov 09, 2017 7:44 am
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Slaughtering The High Dividend Sacred Cow
Replies: 192
Views: 12908

Re: Larry Swedroe: Slaughtering The High Dividend Sacred Cow

I think you should settle.Your argument was technically correct but there will be no dbr’s on the jury.The jury,made up of common investors, will understand my points about why people invest in dividend stocks,and why they do not care about them being value proxies and all.They will understand that...
by Da5id
Wed Nov 08, 2017 6:05 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Slaughtering The High Dividend Sacred Cow
Replies: 192
Views: 12908

Re: Larry Swedroe: Slaughtering The High Dividend Sacred Cow

Yes many “happy” dividend investors who enjoy the cash in their accounts while being technically incorrect and not knowing they should really just be invested in the total market and selling shares every month instead!I sometimes worry about these investors and if they will survive the egregious er...
by Da5id
Wed Nov 08, 2017 4:10 pm
Forum: Personal Finance (Not Investing)
Topic: Cricket family plan is changing
Replies: 14
Views: 1119

Re: Cricket family plan is changing

theplayer11 wrote:
Wed Nov 08, 2017 4:07 pm
you have 5 lines with 5gb each? I have the 5 line plan and it's only showing 4gb each.
Haven't checked in my account yet. But the Cricket website shows "basic" plan is now 5gb?
by Da5id
Wed Nov 08, 2017 3:24 pm
Forum: Personal Finance (Not Investing)
Topic: Cricket family plan is changing
Replies: 14
Views: 1119

Re: Cricket family plan is changing

We have 5 lines for $100. If that ends up being 5 for $130, then I will probably look at moving to Total Wireless. For now, I'm not touching anything on the account in hopes that we stay on the current plan. All good things end and the 5 for $100 has been a great deal for longer than I expected. On...
by Da5id
Wed Nov 08, 2017 3:18 pm
Forum: Personal Finance (Not Investing)
Topic: Cricket family plan is changing
Replies: 14
Views: 1119

Re: Cricket family plan is changing

Thanks for the heads up! We are with Cricket, with 5 lines. I'll make a mental note not to touch a darn thing! :D No problem. On the plus side they did increase the high speed data limit to 5GB for the $40 plan. I originally thought it was a good opportunity to shop around for a new plan when I tho...