Search found 1698 matches

by Da5id
Sun Jan 21, 2018 9:11 am
Forum: Investing - Theory, News & General
Topic: CAPE Fear: Why CAPE Naysayers Are Wrong
Replies: 119
Views: 9745

Re: CAPE Fear: Why CAPE Naysayers Are Wrong

Most CAPE proponents would be almost all the way out of stocks at 40x. Citation needed. This thread, like many, seems dedicated to the slaying of straw men. How many advocates are you seeing here of tactical asset allocation based on CAPE? I've seen plenty of posts where people say "Oh, CAPE doesn'...
by Da5id
Sat Jan 20, 2018 11:21 am
Forum: Investing - Help with Personal Investments
Topic: Why hold bond funds in tax advantaged accounts?
Replies: 16
Views: 1802

Re: Why hold bond funds in tax advantaged accounts?

While I don't have any new comments on fund placement -- bonds have seen arguments on both sides -- I am a bit sad to see the capital losses on my bond funds in my traditional IRA (which is all bonds) and Roth (has some bonds) which I can't harvest for tax purposes. If bond yields continue to rise,...
by Da5id
Sat Jan 20, 2018 9:48 am
Forum: Investing - Help with Personal Investments
Topic: Why hold bond funds in tax advantaged accounts?
Replies: 16
Views: 1802

Re: Why hold bond funds in tax advantaged accounts?

While I don't have any new comments on fund placement -- bonds have seen arguments on both sides -- I am a bit sad to see the capital losses on my bond funds in my traditional IRA (which is all bonds) and Roth (has some bonds) which I can't harvest for tax purposes. If bond yields continue to rise, ...
by Da5id
Sat Jan 20, 2018 9:04 am
Forum: Investing - Theory, News & General
Topic: CAPE Fear: Why CAPE Naysayers Are Wrong
Replies: 119
Views: 9745

Re: CAPE Fear: Why CAPE Naysayers Are Wrong

HomerJ wrote:
Sat Jan 20, 2018 1:33 am
Most CAPE proponents would be almost all the way out of stocks at 40x.
Citation needed. This thread, like many, seems dedicated to the slaying of straw men. How many advocates are you seeing here of tactical asset allocation based on CAPE?
by Da5id
Fri Jan 19, 2018 5:32 pm
Forum: Personal Finance (Not Investing)
Topic: How will or might nonprofits be affected by tax law changes?
Replies: 36
Views: 1808

Re: How will or might nonprofits be affected by tax law changes?

That assumes that the donors overall tax burden didn't lessen. According to the analysis I've seen, a large majority of people will see their tax burdens fall under the changes. Mind you, I don't know how those people whose taxes actually go up overlap with bigger donors. And I don't know, behavior...
by Da5id
Fri Jan 19, 2018 4:41 pm
Forum: Personal Consumer Issues
Topic: Telemarketing calls from my own prefix
Replies: 44
Views: 2813

Re: Telemarketing calls from my own prefix

Hiya does let you block numbers that begin with XXX-XXX. I could do that. I don't know that I ever get a legitimate call from my prefix, but who knows if I might someday. It is a war that is hard to win unless the phone companies somehow can block theses VOIP spammers. BTW I'm getting some with jus...
by Da5id
Fri Jan 19, 2018 4:37 pm
Forum: Personal Finance (Not Investing)
Topic: How will or might nonprofits be affected by tax law changes?
Replies: 36
Views: 1808

Re: How will or might nonprofits be affected by tax law changes?

Donor used to give $1000/year, so $10000 in 10 years. If donor receives 30% tax writeoff, that's $3000 extra in tax refunds that get eliminated. If now the donor gives $2000 every other year, that's still the same total amount, but the writeoff may only be reduced, so donor is poorer and will give ...
by Da5id
Thu Jan 18, 2018 4:14 pm
Forum: Investing - Theory, News & General
Topic: $399 - New Course - Fire your Financial Advisor - By WhiteCoat Investor - Anyone?
Replies: 121
Views: 7229

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 Da5id
Thu Jan 18, 2018 1:15 pm
Forum: Investing - Theory, News & General
Topic: $399 - New Course - Fire your Financial Advisor - By WhiteCoat Investor - Anyone?
Replies: 121
Views: 7229

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

Doctors are smart enough to read this forum and make their own decisions. Personally I don't like that he is selling the free information developed on this site for a profit. It's as shady as your local Edward Jones. WCI has tons of free stuff on his site (OK, he has ads, so "free" to users means a...
by Da5id
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: 7229

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

Ok where? More average debt, higher average income? Financial Planning for Lawyer Dummies Financial Planning for Engineer Dummies etc. They're not that different. Much higher college debt and income. Managing liability and disability insurance. For independent doctors, small business and tax issues...
by Da5id
Thu Jan 18, 2018 12:11 pm
Forum: Investing - Theory, News & General
Topic: $399 - New Course - Fire your Financial Advisor - By WhiteCoat Investor - Anyone?
Replies: 121
Views: 7229

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 Da5id
Thu Jan 18, 2018 11:46 am
Forum: Investing - Theory, News & General
Topic: $399 - New Course - Fire your Financial Advisor - By WhiteCoat Investor - Anyone?
Replies: 121
Views: 7229

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

I think having the information organized in a way a new investor can start from scratch the right way is worth a good amount. In the beginning a lot of time/money can be wasted trying to sort this information out yourself. Since the target audience is doctors this makes more sense for them than any...
by Da5id
Thu Jan 18, 2018 11:15 am
Forum: Investing - Theory, News & General
Topic: 70% chance of correction in 2018 according to Vanguard - Highest in 15 years
Replies: 81
Views: 7693

Re: 70% chance of correction in 2018 according to Vanguard - Highest in 15 years

Crisium wrote:
Thu Jan 18, 2018 11:10 am
I'd consider 10% more noise than a correction.
Well, fine, but the standard definition of correction is 10% or more so Vanguard's usage seems good to me. You are perhaps thinking of bear market?
by Da5id
Thu Jan 18, 2018 10:38 am
Forum: Investing - Theory, News & General
Topic: 70% chance of correction in 2018 according to Vanguard - Highest in 15 years
Replies: 81
Views: 7693

Re: 70% chance of correction in 2018 according to Vanguard - Highest in 15 years

I figure something is coming probably sooner than later. Don't think it will be a big deal in the grand scheme of things and don't plan to change my long-term approach but I did do a rebalance today. Went from 76/24 stock/bond mix back to my target of 70/30. Vanguard knows many investors have drift...
by Da5id
Thu Jan 18, 2018 9:11 am
Forum: Personal Finance (Not Investing)
Topic: How will or might nonprofits be affected by tax law changes?
Replies: 36
Views: 1808

Re: How will or might nonprofits be affected by tax law changes?

I intend to give the same, so sample size of 1 says no change :) I believe that people mostly don't donate for the tax deduction, in that even with the deduction you are still giving 70 cents or so of each dollar, not like you are making a profit. That said, knowing the gift is deductible may be a p...
by Da5id
Thu Jan 18, 2018 9:06 am
Forum: Personal Consumer Issues
Topic: Short Commute or Nicer House?
Replies: 142
Views: 7199

Re: Short Commute or Nicer House?

I'd take the short commute. And that is even given that I don't particularly like cities and I kind of like having a yard. The cost per day of the commute in time AND money really adds up. The convenience factor of being close to work is really huge.
by Da5id
Thu Jan 18, 2018 8:40 am
Forum: Investing - Theory, News & General
Topic: $399 - New Course - Fire your Financial Advisor - By WhiteCoat Investor - Anyone?
Replies: 121
Views: 7229

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

Studies have shown doctors are among the most financially illiterate groups out there. So this could be value for them, especially as physicians are often short on time. Most people here don't need this. In fact, most people here probably don't have a financial adviser. Some people like to hear a r...
by Da5id
Mon Jan 15, 2018 9:42 am
Forum: Personal Consumer Issues
Topic: Looking for a reasonably priced, safe international destination
Replies: 107
Views: 6417

Re: Looking for a reasonably priced, safe international destination

Is Bermuda interesting for kids? A concern I have is they can go to beaches in the US, so that might not be "eye opening" for them. I tend to think that there are many things, foreign and domestic, that are eye opening for 3 and 6 year old kids. They could be much more impressed by the Grand Canyon...
by Da5id
Sun Jan 14, 2018 10:17 am
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 2391
Views: 443223

Re: What's Your Credit Card Rewards Strategy?

do I get the 5% cashback on gas from Chase Freedom if I buy gas at a Neighborhood Walmart? You need to test it to be sure, it depends on whether the transaction is coded as a gas station or as Walmart (dept store, whatever). Sometimes the wording of Freedom excludes "warehouse stores" for gas for e...
by Da5id
Fri Jan 12, 2018 9:40 am
Forum: Personal Finance (Not Investing)
Topic: When does IRA contribution limit increase?
Replies: 5
Views: 503

Re: When does IRA contribution limit increase?

If you look here: https://www.irs.gov/publications/p590a

You will find that it is clear on the point. In the Q&A section it says:
$6,500 if you were age 50 or older by the end of 2016,
by Da5id
Thu Jan 11, 2018 3:44 pm
Forum: Investing - Help with Personal Investments
Topic: Anyone tired of the stock market going up?
Replies: 290
Views: 26040

Re: Anyone tired of the stock market going up?

David Jay wrote:
Thu Jan 11, 2018 3:35 pm
Dang, VBR (SCV ETF) is up 1.53% @ 3:15 today. More tiredness...
"Sell! Sell! Sell!". Oops, I mean "Rebalance! Rebalance! Rebalance!"

I actually did rebalance day before yesterday, had hit a limit.
by Da5id
Thu Jan 11, 2018 3:41 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 2391
Views: 443223

Re: What's Your Credit Card Rewards Strategy?

Chase Freedom includes internet/cable/phone services this quarter. Is there any reason not to prepay $1500 today on those? Do cable companies let you prepay? I thought normally online payment systems won't allow you to submit payments that are greater then your outstanding balance. I don't think th...
by Da5id
Thu Jan 11, 2018 3:33 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 2391
Views: 443223

Re: What's Your Credit Card Rewards Strategy?

Chase Freedom includes internet/cable/phone services this quarter. Is there any reason not to prepay $1500 today on those? Well, that is paying quite some time in advance -- what if you want to change providers? My plan is to use Chase Freedom for gas until March, then see where I'm at and do at le...
by Da5id
Thu Jan 11, 2018 9:16 am
Forum: Investing - Help with Personal Investments
Topic: 25 Year Old Retiring Extremely Early-Domestic Wellesley or Half Global, Half Domestic Wellesley Better for my Bonds?
Replies: 55
Views: 6620

Re: 25 Year Old Retiring Extremely Early-Domestic Wellesley or Half Global, Half Domestic Wellesley Better for my Bonds?

Just FYI, In case you didn't realize it your Social Security amount is based on your inflation adjusted highest 35 years of earnings. Even though you qualify for it with only ten years of earning you might only get a couple of hundred dollars a month so I would not let it be a factor into your deci...
by Da5id
Wed Jan 10, 2018 9:55 am
Forum: Personal Consumer Issues
Topic: Large Purchase / Chase Sapphire Question
Replies: 21
Views: 1573

Re: Large Purchase / Chase Sapphire Question

Yes, I'm sorry - I keep mixing up Reserve and Preferred in my head - you would think that something called "Preferred" is better than its alternative. Have you had to use the trip cancellation insurance w/ the Chase Sapphire card? Nope. I've only had it for 2 years (got it while the 100K bonus was ...
by Da5id
Wed Jan 10, 2018 9:53 am
Forum: Personal Finance (Not Investing)
Topic: Use HSA money or pay out of pocket?
Replies: 36
Views: 2873

Re: Use HSA money or pay out of pocket?

I agree with the above posts that while still working IF you can afford it it is a win to just accumulate HSA money. It is the best of all worlds, deductible (including FICA if employer withholds for you) when you contribute and also tax free at withdrawal -- basically a combined 401k/Roth IRA for h...
by Da5id
Wed Jan 10, 2018 9:26 am
Forum: Investing - Help with Personal Investments
Topic: Sequence of Return Risk impact on Retirement
Replies: 103
Views: 4287

Re: Sequence of Return Risk impact on Retirement

You may like this article too:
It (and the next one) discuss the topic both for savers and those withdrawing...
by Da5id
Wed Jan 10, 2018 9:16 am
Forum: Personal Consumer Issues
Topic: Large Purchase / Chase Sapphire Question
Replies: 21
Views: 1573

Re: Large Purchase / Chase Sapphire Question

Onourway: The Sapphire Preferred rewards amount in year 1 ($848) was after the $150 annual fee. My math was 50,000 bonus points X $0.015 = $750 minus the net annual fee of $150 = $600, plus $248 rewards on my $5,500 travel purchase ($5,500 X 3 X $0.015). Where do you get the 0.015 multiplier from? ...
by Da5id
Tue Jan 09, 2018 1:13 pm
Forum: Investing - Theory, News & General
Topic: Year 2000 retirees using the '4% rule' - Where are they now?
Replies: 354
Views: 33721

Re: Year 2000 retirees using the '4% rule' - Where are they now?

Over 50 years, 3.5% has a 95% success rate. While I think 3.5% is very likely to be fine (I'm targeting lower, but this is how I roll), this feels like an excessively precise statement. How many 50 year historical periods would you say are needed to say with confidence that one can project past int...
by Da5id
Tue Jan 09, 2018 8:43 am
Forum: Investing - Theory, News & General
Topic: Year 2000 retirees using the '4% rule' - Where are they now?
Replies: 354
Views: 33721

Re: Year 2000 retirees using the '4% rule' - Where are they now?

This reinforces 4 things to me. 2. 25X is not enough, maybe not even close going forward. Funny...my point of view after reading this post is just the opposite. I think 25X is not enough, but that is perhaps a matter of temperament. That said, the number of people who would stay the course without ...
by Da5id
Mon Jan 08, 2018 4:06 pm
Forum: Personal Consumer Issues
Topic: Hot Water Delay at faucet/shower far from water heater
Replies: 100
Views: 6393

Re: Hot Water Delay at faucet/shower far from water heater

I insulated the copper hot water pipes between the heater and the remote bathroom, it helped a bit but not much. Didn't feel the problem was worth spending the money on a recirculator myself, but YMMV. Insulating pipes doesn't keep them from getting cold, it just slows down the loss of heat. So the...
by Da5id
Mon Jan 08, 2018 1:45 pm
Forum: Forum Issues and Administration
Topic: Help me understand question-less financial status (e.g. "2 comma club") threads.
Replies: 175
Views: 8581

Re: Help me understand question-less financial status (e.g. "2 comma club") threads.

If your issue is "showing off", would you now, for example, ban discussion of benefits of Vanguard Flagship status (an indirect way of saying you have "two commas")? Discussion of umbrella insurance (also in many cases indicates a good chunk of assets worth protecting)? Statements about what to do ...
by Da5id
Mon Jan 08, 2018 1:15 pm
Forum: Forum Issues and Administration
Topic: Help me understand question-less financial status (e.g. "2 comma club") threads.
Replies: 175
Views: 8581

Re: Help me understand question-less financial status (e.g. "2 comma club") threads.

THANK YOU FOR FNALLY ADDRESSING ALEX. These type of bragging posts serve only 1 purpose - TO SHOW OFF. They are EXTREMELY ANNOYING and greatly dilute the quality of the forum. Lots of us are struggling through hand to mouth existence and these people have no shame showing of their millions. I would...
by Da5id
Mon Jan 08, 2018 11:32 am
Forum: Forum Issues and Administration
Topic: Help me understand question-less financial status (e.g. "2 comma club") threads.
Replies: 175
Views: 8581

Re: Help me understand question-less financial status (e.g. "2 comma club") threads.

I don't find the "2 comma club" threads very useful myself, but as long as they don't devolve into messes that put a burden on the mods, sounds good. How much "international percentage", "what is the right SWR", "100% stocks", and "do dividends matter" threads can we handle without some occasional r...
by Da5id
Mon Jan 08, 2018 11:28 am
Forum: Investing - Theory, News & General
Topic: CAPE Fear: Why CAPE Naysayers Are Wrong
Replies: 119
Views: 9745

Re: CAPE Fear: Why CAPE Naysayers Are Wrong

While I don't disagree with your three main points, what amazes me is the lengths people who "don't believe in market timing" will go to rationalize market timing. Unless you're using the CAPE to make changes to your portfolio (i.e. market timing) then it is useless, however informative it might be...
by Da5id
Mon Jan 08, 2018 11:15 am
Forum: Personal Consumer Issues
Topic: Hot Water Delay at faucet/shower far from water heater
Replies: 100
Views: 6393

Re: Hot Water Delay at faucet/shower far from water heater

I insulated the copper hot water pipes between the heater and the remote bathroom, it helped a bit but not much. Didn't feel the problem was worth spending the money on a recirculator myself, but YMMV.
by Da5id
Thu Jan 04, 2018 3:16 pm
Forum: Investing - Theory, News & General
Topic: Hitting The Sell Button
Replies: 222
Views: 24877

Re: Hitting The Sell Button

Including the "winning" last year when international stocks beat U.S. stocks? :D Allow me be the first to say it: Bogle was Wrong! :) Let me preface by saying I have 40% in International equities with 75% in VWILX (VG Growth) which was up 42% last year. Bogle was not wrong as the US S&P increased 2...
by Da5id
Thu Jan 04, 2018 2:39 pm
Forum: Investing - Theory, News & General
Topic: Hitting The Sell Button
Replies: 222
Views: 24877

Re: Hitting The Sell Button

triceratop wrote:
Thu Jan 04, 2018 2:36 pm
Including the "winning" last year when international stocks beat U.S. stocks? :D
Allow me be the first to say it:

Bogle was Wrong! :)
by Da5id
Thu Jan 04, 2018 2:29 pm
Forum: Investing - Theory, News & General
Topic: Hitting The Sell Button
Replies: 222
Views: 24877

Re: Hitting The Sell Button

I have a very simplistic view of this raging bull market. My ultimate goal is to hit a $ number, not to win the "who-had-the-highest-YTD-return" competition. This 8 year bull market has basically front loaded a lot of returns, which in a normal environment would have taken a lot longer to achieve. ...
by Da5id
Thu Jan 04, 2018 1:52 pm
Forum: Investing - Theory, News & General
Topic: Hitting The Sell Button
Replies: 222
Views: 24877

Re: Hitting The Sell Button

I bought more VTI today and have my Roth purchase scheduled for next Tuesday. That is why things are running up more. Wait till Wednesday when it drops. My 401k purchases (which are front loaded to finish maxing out by April) start next week. But it is 100% bonds, as I'm using that to push me back ...
by Da5id
Thu Jan 04, 2018 12:08 pm
Forum: Investing - Theory, News & General
Topic: Hitting The Sell Button
Replies: 222
Views: 24877

Re: Hitting The Sell Button

Why? Very little is "forbidden" here in discussing investing. CAPE is somewhat useful for discussing future dispersion of returns, but the huge error bars obviously make it poor for market timing or many other purposes to which it may be applied . And length of the bull market, while not very usefu...
by Da5id
Thu Jan 04, 2018 11:06 am
Forum: Investing - Theory, News & General
Topic: Hitting The Sell Button
Replies: 222
Views: 24877

Re: Hitting The Sell Button

length of the equity bull market and CAPE ratio should be forbidden terms on this board. +1 Why? Very little is "forbidden" here in discussing investing. CAPE is somewhat useful for discussing future dispersion of returns, but the huge error bars obviously make it poor for market timing or many oth...
by Da5id
Thu Jan 04, 2018 11:02 am
Forum: Investing - Theory, News & General
Topic: "VB Account Agreement"--Checkwriting? No written orders? What IS this really about?
Replies: 16
Views: 1388

Re: "We've amended the Vanguard Brokerage Account Agreement"--is checkwriting on death row? What IS this really about?

Orders for the purchase or sale of Vanguard Funds may require notification to and/or approval from the Vanguard Fund’s manager. Please contact VBS before attempting to place a large transaction. I take this to mean that if you mail them a check with a letter telling them to buy a fund, they may jus...
by Da5id
Thu Jan 04, 2018 10:06 am
Forum: Investing - Theory, News & General
Topic: Vanguard takes 2 days to settle tIRA funding?
Replies: 22
Views: 1479

Re: Vanguard takes 2 days to settle tIRA funding?

missingdonut wrote:
Thu Jan 04, 2018 10:05 am
Da5id wrote:
Thu Jan 04, 2018 8:05 am
Not going to kill me to wait a week, but why do they do this?
To make sure your transfer doesn't bounce.

You can still invest your contributions; you just can't take the money out.
An EFT, once successful, can bounce? It showed on day on in my checking account as withdrawn.
by Da5id
Thu Jan 04, 2018 8:35 am
Forum: Investing - Help with Personal Investments
Topic: Goodbye Capital One 360!!
Replies: 56
Views: 8080

Re: Goodbye Capital One 360!!

I have Ally and Capital One 360 accounts, both seem fine to me and quite accessible. Maybe you are unluckier than me OP?
by Da5id
Thu Jan 04, 2018 8:05 am
Forum: Investing - Theory, News & General
Topic: Vanguard takes 2 days to settle tIRA funding?
Replies: 22
Views: 1479

Re: Vanguard takes 2 days to settle tIRA funding?

They are certainly very slow to make funds available in other contexts too. I just bank transferred in money to fund my Roth. Vanguard shows transfer in on 1/2, date available for the funds on 1/9. This is for a transfer from a linked bank account, feels unnecessarily slow to me... Not going to kill...
by Da5id
Wed Jan 03, 2018 1:24 pm
Forum: Personal Finance (Not Investing)
Topic: How safe are retirement accounts?
Replies: 19
Views: 1764

Re: How safe are retirement accounts?

If any attempt is made to change Roth IRA tax rules, there will be massive revolt and litigation, as that would be punitive double taxation, since those are fully funded with post tax funds. I believe it would be within the powers of the US government to change the rules on Roth IRAs. I believe dou...
by Da5id
Wed Jan 03, 2018 1:21 pm
Forum: Personal Finance (Not Investing)
Topic: How safe are retirement accounts?
Replies: 19
Views: 1764

Re: How safe are retirement accounts?

Everyone here is a hardworking and disciplined saver doing their very best to sacrifice living large now so they can have a (financially) peaceful retirement. But I was wondering about the safety of our retirement funds ... especially from governments. While a govt. might not blatantly take away th...
by Da5id
Tue Jan 02, 2018 6:46 pm
Forum: Investing - Theory, News & General
Topic: Bond Returns in 2017
Replies: 16
Views: 1580

Re: Bond Returns in 2017

The Wall Street Journal this morning in its Year-End Review says Vanguard Total Bond Market was up 1.0% and Vanguard Total Int'l Bond up 0.1%. Yet the Vanguard website gives 2017 for Total Bond (VBTLX) as 3.56 with SEC = 2.56 and Total Int'l as 2.39 with SEC as 0.7. I suppose we are seeing differen...
by Da5id
Tue Jan 02, 2018 1:45 pm
Forum: Investing - Theory, News & General
Topic: Bond Returns in 2017
Replies: 16
Views: 1580

Re: Bond Returns in 2017

(10-year numbers from Vanguard) VWESX - Long-term investment grade returned 7.78% VBTLX - Total Bond Market returned 3.95% VIPSX - Inflation-protected securities 3.26% Not half bad! People have lately been saying (even Warren Buffet) that bonds aren't really necessary to hold. I think with those nu...