Search found 1361 matches

by Da5id
Fri Sep 22, 2017 8:27 am
Forum: Investing - Theory, News & General
Topic: I-Bonds?
Replies: 18
Views: 1103

Re: I-Bonds?

I've been meaning to ask. Does it bother anybody that I-bonds are guaranteed to have a negative real return due to the eventual taxes that must be paid on the interest unless we have deflation so bad that 0% is a positive real return. On the other hand, TIPS funds purchased in a tax-protected accou...
by Da5id
Fri Sep 22, 2017 7:41 am
Forum: Investing - Theory, News & General
Topic: I-Bonds?
Replies: 18
Views: 1103

Re: I-Bonds?

Hi everyone. I'm pretty new here; have been lurking for the last month or so. Question: what are your current thoughts about buying I-Bonds, rather than alternatives such as Vanguard Total Bond Market, for the portion of an AA devoted to fixed income? Although the real rate of I-Bonds currently is ...
by Da5id
Tue Sep 19, 2017 4:45 pm
Forum: Investing - Help with Personal Investments
Topic: Tax Efficient Placement for Retirement Assets when Starting in 50s Following Major Loss
Replies: 10
Views: 931

Re: Tax Efficient Placement for Retirement Assets when Starting in 50s Following Major Loss

You might want to investigate whether he will have a bigger SS benefit based on your mother's work history, if she was the primary earner. And if her benefits are not bigger, he may be able to collect her SS at 60 as a survivor (provided not remarried) and delay his. Needs to crunch the numbers to ...
by Da5id
Mon Sep 18, 2017 10:17 am
Forum: Personal Finance (Not Investing)
Topic: Who has needed to use their umbrella insurance?
Replies: 113
Views: 13920

Re: Who has needed to use their umbrella insurance?

StevieG72 wrote:
Sun Sep 17, 2017 8:17 am
I am still trying to figure out why people are insuring their umbrellas.
Haven't you seen the hurricanes? They can really do a number on your umbrella.
by Da5id
Mon Sep 18, 2017 10:09 am
Forum: Investing - Help with Personal Investments
Topic: math on determining rebalancing bands?
Replies: 6
Views: 432

Re: math on determining rebalancing bands?

A bit new to this - read The Boglehead's Guide to Investing and started investing in 2013. $1.5M in assets, three fund: 40% U.S. equities, 40% bonds, 20% international, 33 years old. In my IPS, I set rebalancing bands at an absolute 5%. Does that seem high? Now that I think back, I don't recall rea...
by Da5id
Thu Sep 14, 2017 1:23 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 2129
Views: 372372

Re: What's Your Credit Card Rewards Strategy?

Oddly enough, I had September marked as the time to get a new credit card months before the Equifax leak occurred. I have this nagging doubt my credit card application will be denied because the banks and credit agencies will be reluctant to issue out new credit at this time. Maybe. I imagine that ...
by Da5id
Thu Sep 14, 2017 1:06 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard Money Market vs Capital One 360 Money Market
Replies: 4
Views: 426

Re: Vanguard Money Market vs Capital One 360 Money Market

dskillz1 wrote:
Thu Sep 14, 2017 12:38 pm
Good input guys. Anyone know if you can setup automatic transfers from checking account to Money Market account with Cap 1 360?
I don't know. I currently do manual transfers between the Cap One Money market and my real bank account.
by Da5id
Thu Sep 14, 2017 12:35 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard Money Market vs Capital One 360 Money Market
Replies: 4
Views: 426

Re: Vanguard Money Market vs Capital One 360 Money Market

Currently it's not a huge deal either way and I would choose based on convenience, unless you're actually talking large sums of money, in which case you might want to consider short-term bonds as well if you're not saving up for an immediate large purchase. Yes. While I get into the Costs Matter th...
by Da5id
Thu Sep 14, 2017 12:31 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 2129
Views: 372372

Re: What's Your Credit Card Rewards Strategy?

Chase Freedom Q4 is Walmart and Department Stores per this: https://www.doctorofcredit.com/chase-freedom-q4-categories-walmart-department-stores/ . Bit of a bummer for me, was hoping it would be warehouse stores as Costco is easier for me to max out. I don't like to push it at all to reach spending ...
by Da5id
Wed Sep 13, 2017 1:32 pm
Forum: Investing - Theory, News & General
Topic: What If U.S. Stocks Stay Expensive For Years?
Replies: 50
Views: 6866

Re: What If U.S. Stocks Stay Expensive For Years?

Slothmeister wrote:
Wed Sep 13, 2017 1:22 pm
4% doesn't sound too good to me after expenses, taxes, and inflation.
It says "4% real", which means above inflation. Expenses should be a small issue (in index funds). Taxes are a real issue except in tax free accounts.
by Da5id
Mon Sep 11, 2017 12:38 pm
Forum: Investing - Help with Personal Investments
Topic: What index funds that will benefit from resent disasters
Replies: 21
Views: 1689

Re: What index funds that will benefit from resent disasters

Hoping to capitalize on the misfortunes of others doesn't seem very ethical. No call to be judgmental. It isn't illegal, so the question seems fine to me. Moreover, it isn't to my mind in any way unethical. Buying all the plywood available and reselling for $100 for a sheet would be considered unet...
by Da5id
Mon Sep 11, 2017 8:59 am
Forum: Investing - Help with Personal Investments
Topic: What index funds that will benefit from resent disasters
Replies: 21
Views: 1689

Re: What index funds that will benefit from resent disasters

At a guess, building and building supplies will do well. Insurance badly. But why would you think index funds, which tend to be broader based, are a good way to try and profit from these events? And moreover, why would you think that any profit to be made from the hurricanes isn't already priced int...
by Da5id
Fri Sep 08, 2017 10:41 am
Forum: Personal Finance (Not Investing)
Topic: Equifax customer information leak
Replies: 628
Views: 36993

Re: Equifax customer information leak

triceratop wrote:
Fri Sep 08, 2017 9:49 am
Yes, the original Bloomberg reporting noted that this was outside of the schedule declared on any 10b5-1 filings.
Wow. This seems unusually dumb given how obvious and easy to discover the sale is. Can't go under the radar selling if you are an insider, it will be in an SEC filing.
by Da5id
Fri Sep 08, 2017 9:47 am
Forum: Personal Finance (Not Investing)
Topic: Equifax customer information leak
Replies: 628
Views: 36993

Re: Equifax customer information leak

So Equifax is saying that their executives were not aware of the breach when the executives sold their stock. In other words, one of the 3 major credit bureaus in the US discovered a breach potentially affecting 143 million people, and they didn't bother to inform the CFO for more than 3 days after...
by Da5id
Fri Sep 08, 2017 8:50 am
Forum: Personal Finance (Not Investing)
Topic: Equifax customer information leak
Replies: 628
Views: 36993

Re: Equifax customer information leak

By enrolling in TrustedID you waive your right to a class action suit, either in court or in arbitration. It limits you to individual arbitration. Read the terms and conditions (interestingly the terms and conditions are dated Sept 6 2017 -- I wonder when that clause was added) I generally feel lik...
by Da5id
Fri Sep 08, 2017 7:15 am
Forum: Investing - Theory, News & General
Topic: Good Article on Retirement Investing and Withdrawals
Replies: 7
Views: 1425

Re: Good Article on Retirement Investing and Withdrawals

The article is OK, but look what that video claims. It states that if you want a good retirement that will last 25 years, you will need to have saved at least 8 times your ending salary. Eight times? That's a 12.5% initial withdrawal rate. Can it last 25 years? Paul Vastly more than most of the cou...
by Da5id
Thu Sep 07, 2017 12:00 pm
Forum: Personal Consumer Issues
Topic: Need Advise On Getting to Patriots Game, Foxborough
Replies: 13
Views: 1076

Re: Need Advise On Getting to Patriots Game, Foxborough

I am going to be headed to Boston later in the season to watch my team get beat by the Patriots. I will be staying in the Back Bay area. I hear that getting to and from the stadium is pretty awful. I have looked into the train that goes there and seems to be a pretty good alternative. Any hints are...
by Da5id
Wed Sep 06, 2017 7:10 am
Forum: Investing - Theory, News & General
Topic: Three Centuries of Asset Returns, 1694-2015
Replies: 35
Views: 3991

Re: Three Centuries of Asset Returns, 1694-2015

columbia wrote:
Tue Sep 05, 2017 7:15 am
Those returns are annunciation for the US-only crowd. ;)
Bogle was Right, even before he was born!
by Da5id
Tue Sep 05, 2017 7:43 am
Forum: Investing - Theory, News & General
Topic: What is the "safe, safe" withdrawal rate?
Replies: 38
Views: 3973

Re: What is the "safe, safe" withdrawal rate?

I've not gotten to the point of considering annuities yet. But I worry about the whole "guaranteed to be safe" aspect. Annuities, particularly deferred ones purchased with a distant starting point, have risk to the extent that: 1) the insurance company may go bankrupt 2) if they go bankrupt, you pro...
by Da5id
Mon Sep 04, 2017 8:20 am
Forum: Personal Finance (Not Investing)
Topic: Jason Zweig's tax bomb example
Replies: 28
Views: 3630

Re: Jason Zweig's tax bomb example

sambb wrote:
Mon Sep 04, 2017 8:18 am
if there is an unrealized gain of 34% in total stock, that doesnt sound good for new investments.
You say "if", have a look here if you have doubts: https://personal.vanguard.com/us/funds/ ... 0085#tab=4

Again, the risk of it being distributed seems small.
by Da5id
Mon Sep 04, 2017 8:15 am
Forum: Personal Finance (Not Investing)
Topic: Jason Zweig's tax bomb example
Replies: 28
Views: 3630

Re: Jason Zweig's tax bomb example

Big time "buying the dividend". https://investor.vanguard.com/investing/taxes/buying-dividend?lang=en Easiest to just stick to tax efficient index funds. :beer JW This isn't just a buying the dividend though. It is also the risk that a fund with large unrealized capital gains on the books may sell ...
by Da5id
Fri Sep 01, 2017 11:46 am
Forum: Local Chapters and Bogleheads Community
Topic: [Are the Bogleheads] getting less interesting?
Replies: 255
Views: 16185

Re: [Are the Bogleheads] getting less interesting?

nedsaid wrote:
Fri Sep 01, 2017 11:36 am
A bit of Yankees vs. Red Sox does make things interesting.
True because, in fact, Yankees suck :)
by Da5id
Fri Sep 01, 2017 11:04 am
Forum: Local Chapters and Bogleheads Community
Topic: [Are the Bogleheads] getting less interesting?
Replies: 255
Views: 16185

Re: [Are the Bogleheads] getting less interesting?

I have not noticed jbolden1517' until his name was brought up in this thread. I have superficially checked out some of his messages and thought that he was a very eloquent and logical poster. I enjoy well-written posts and might follow him if he returns. I think some of his posts vanished. I though...
by Da5id
Fri Sep 01, 2017 9:43 am
Forum: Local Chapters and Bogleheads Community
Topic: [Are the Bogleheads] getting less interesting?
Replies: 255
Views: 16185

Re: [Are the Bogleheads] getting less interesting?

However, I do think there is something important lost by not allowing comments/suggestions about the "investing implications" of possible future changes, such as tax or other regulatory changes. Regardless of whether the "change" comes to pass, it would sometimes be helpful (for us, anyway), to hav...
by Da5id
Fri Sep 01, 2017 7:26 am
Forum: Local Chapters and Bogleheads Community
Topic: [Are the Bogleheads] getting less interesting?
Replies: 255
Views: 16185

Re: [Are the Bogleheads] getting less interesting?

I agree. This place is a very tight sandbox and there are a ton of investing related topics that could have a major impact on all bogleheads that you're not even allowed to discuss(the federal reserve, for a mild example). Members with different opinions from the norm are not tolerated and often ha...
by Da5id
Thu Aug 31, 2017 3:20 pm
Forum: Local Chapters and Bogleheads Community
Topic: [Are the Bogleheads] getting less interesting?
Replies: 255
Views: 16185

Re: Is Bogelheads getting less interesting?

I mean, where else can you find fresh takes on the value of international in your portfolio :)

I think it is the nature of this forum to become less interesting to some over time, lots of repetition.
by Da5id
Wed Aug 30, 2017 10:26 am
Forum: Investing - Help with Personal Investments
Topic: Optum is taking over my HSA.
Replies: 30
Views: 3932

Re: Optum is taking over my HSA.

aristotelian wrote:
Wed Aug 30, 2017 10:23 am
Check the fees if they are not stated. HSASearch says $2.75 per month plus .03% on the investment account up to $10/month. Optum does not have great reviews.
Yes. Particularly for low balances, the fees can potentially swamp the low Vanguard expense ratios...
by Da5id
Wed Aug 30, 2017 8:35 am
Forum: Investing - Help with Personal Investments
Topic: Mutual fund family and picks for 50k
Replies: 26
Views: 2327

Re: Mutual fund family and picks for 50k

If not vanguard what is another good family? Also suggestions for funds in that company? I have most of my assets at Vanguard and have been happy with them. I also my 401k at Fidelity, and am happy with them too. But have to say, it is increasingly unimportant. If you invest in cheap index mutual f...
by Da5id
Wed Aug 30, 2017 8:31 am
Forum: Personal Finance (Not Investing)
Topic: How much sooner could you retire with NO property taxes?
Replies: 116
Views: 7181

Re: How much sooner could you retire with NO property taxes?

Our house isn't even paid and we paid around 7k this past year and only going up from there. Big reason I want us to sell and move somewhere in retirement with LCOL. So...curious what others pay in combined state income/property taxes? I feel like I could learn a lot here if enough people join thre...
by Da5id
Wed Aug 30, 2017 8:10 am
Forum: Personal Finance (Not Investing)
Topic: Bad Idea to Have Zero Credit Cards?
Replies: 129
Views: 6029

Re: Bad Idea to Have Zero Credit Cards?

Da5id, Do you use "Pay Yourself First" saving method? Please explain how a "Pay Yourself First" person could spend more by using a credit card. Yes, it might occur for one month. But, as long as the person pay off the credit card every month, soon after that, there is no extra money to be spent. I ...
by Da5id
Tue Aug 29, 2017 4:59 pm
Forum: Personal Finance (Not Investing)
Topic: What to do when a parent's money runs out?
Replies: 218
Views: 31116

Re: What to do when a parent's money runs out?

VictoriaF wrote:
Tue Aug 29, 2017 4:50 pm
If Lindrobe's mother is widowed, is she eligible for health insurance as a widow?

Victoria
Not that I'm aware of, I don't think there is any early Medicare if that is what you mean. Mind you, maybe she can get free low income ACA benefits (Medicaid) depending on her state?
by Da5id
Tue Aug 29, 2017 4:56 pm
Forum: Investing - Theory, News & General
Topic: Review with Me - Larry Swedroe's new book
Replies: 160
Views: 6550

Re: Why I asked for Larry book thread to be closed

I do strongly object to the removal of posts by people like myself who have not read the book. The Bogleheads Forum is not a book club, and a part of the open discussion is whether a book is worth reading. I have expressed my opinion that it is not worth reading and provided my reasons for that opi...
by Da5id
Tue Aug 29, 2017 4:48 pm
Forum: Personal Finance (Not Investing)
Topic: What to do when a parent's money runs out?
Replies: 218
Views: 31116

Re: What to do when a parent's money runs out?

I have put some thought into my similar situation. My mom is currently single and 57 years old. She thinks that she is going to retire when she is 59.5 and collect social security. She has no access to health care after she retires and before she is eligible for Medicare. She owes $160,000 on a mor...
by Da5id
Tue Aug 29, 2017 4:33 pm
Forum: Personal Finance (Not Investing)
Topic: What to do when a parent's money runs out?
Replies: 218
Views: 31116

Re: What to do when a parent's money runs out?

I have put some thought into my similar situation. My mom is currently single and 57 years old. She thinks that she is going to retire when she is 59.5 and collect social security. She has no access to health care after she retires and before she is eligible for Medicare. She owes $160,000 on a mor...
by Da5id
Tue Aug 29, 2017 2:29 pm
Forum: Personal Finance (Not Investing)
Topic: Purchasing a Health Plan - Not Marketplace
Replies: 46
Views: 2615

Re: Purchasing a Health Plan - Not Marketplace

The doctors office staff told me that if you have a plan that the doctor doesn't accept you can't even self pay. You can though self pay if you are his patient and have no coverage at all. Strange? That sounds literally insane. Are you sure? That sounds for some reason illegal (restraint of trade?)...
by Da5id
Tue Aug 29, 2017 12:19 pm
Forum: Personal Finance (Not Investing)
Topic: Bad Idea to Have Zero Credit Cards?
Replies: 129
Views: 6029

Re: Bad Idea to Have Zero Credit Cards?

I've read those studies and while they might apply to the undisciplined they certainly don't apply to me. How can you be so sure? I think that they don't apply to me either, but I think human self awareness is rarely perfect. In general, Bogleheads think differently. We're more obsessed with saving...
by Da5id
Tue Aug 29, 2017 10:57 am
Forum: Personal Finance (Not Investing)
Topic: Bad Idea to Have Zero Credit Cards?
Replies: 129
Views: 6029

Re: Bad Idea to Have Zero Credit Cards?

DaftInvestor wrote:
Tue Aug 29, 2017 10:55 am
I've read those studies and while they might apply to the undisciplined they certainly don't apply to me.
How can you be so sure? I think that they don't apply to me either, but I think human self awareness is rarely perfect.
by Da5id
Tue Aug 29, 2017 10:31 am
Forum: Personal Finance (Not Investing)
Topic: Bad Idea to Have Zero Credit Cards?
Replies: 129
Views: 6029

Re: Bad Idea to Have Zero Credit Cards?

The cost of paying credit-card fees is priced into most everything you buy. Have you calculated how much giving up on the 2% cash-back rebates will cost you? To me - that's the biggest downside - you are paying more for everything you buy as compared to the rest of us. While I agree particularly if...
by Da5id
Tue Aug 29, 2017 10:24 am
Forum: Personal Finance (Not Investing)
Topic: Bad Idea to Have Zero Credit Cards?
Replies: 129
Views: 6029

Re: Bad Idea to Have Zero Credit Cards?

Absolutely the only thing I ever use our debit card for is getting cash out of the ATM. I explicitly asked for and got an ATM card that wasn't a debit card :) Perhaps a bit harder to clean my bank account out in the wrong hands, though still possible. As an extra security measure, you could set a f...
by Da5id
Tue Aug 29, 2017 10:20 am
Forum: Investing - Theory, News & General
Topic: Why not just buy BRK.B or BRK.A?
Replies: 49
Views: 3728

Re: Why not just buy BRK.B or BRK.A?

Again, you aren't arguing with what I said, but something I didn't. If you want to discuss whether BRK is more or less diversified than the average conglomerate, not sure I have an opinion. But I didn't say that it was either. I certainly think BRK is less diversified then what the general populati...
by Da5id
Tue Aug 29, 2017 9:48 am
Forum: Personal Finance (Not Investing)
Topic: Bad Idea to Have Zero Credit Cards?
Replies: 129
Views: 6029

Re: Bad Idea to Have Zero Credit Cards?

oldcomputerguy wrote:
Tue Aug 29, 2017 9:30 am
Absolutely the only thing I ever use our debit card for is getting cash out of the ATM.
I explicitly asked for and got an ATM card that wasn't a debit card :) Perhaps a bit harder to clean my bank account out in the wrong hands, though still possible.
by Da5id
Tue Aug 29, 2017 9:17 am
Forum: Investing - Theory, News & General
Topic: Why not just buy BRK.B or BRK.A?
Replies: 49
Views: 3728

Re: Why not just buy BRK.B or BRK.A?

Say Charlie and Warren are riding in the back of Warren's 1972 Cadillac Limousine, somewhere in Nowhere Nebraska. All of a sudden, they come around a corner (Yes, I know, not realistic as there are no corners in Nebraska, but bare with me) and run into a stray cow. Both are instantly killed, not we...
by Da5id
Tue Aug 29, 2017 9:09 am
Forum: Investing - Theory, News & General
Topic: Why not just buy BRK.B or BRK.A?
Replies: 49
Views: 3728

Re: Why not just buy BRK.B or BRK.A?

I agree with the statement above that it is more like an insurance company than anything else, but their other wholly owned subsidiaries provide some diversification as well. I can't imagine arguing that BRK is not internally more diversified than the majority of stocks. This is a debatable point. ...
by Da5id
Tue Aug 29, 2017 8:49 am
Forum: Investing - Theory, News & General
Topic: Can stocks or Bitcoin drop to about zero?
Replies: 45
Views: 3657

Re: Can stocks or Bitcoin drop to about zero?

This is also something I'm curious about. If I hold a Total stock index fund, wouldn't I be investing in a few companies that will eventually collapse and their stock go to nothing (for whatever reason). That sounds similar to Bitcoin, no? Also, I don't think most people completely understand the w...
by Da5id
Tue Aug 29, 2017 8:39 am
Forum: Personal Finance (Not Investing)
Topic: Bad Idea to Have Zero Credit Cards?
Replies: 129
Views: 6029

Re: Bad Idea to Have Zero Credit Cards?

And if you are not a big consumer, 2% isn't worth it to us. My wife doesn't want it in our lives. I like the person's comment regarding you don't need credit if you pay cash for everything. I would like to know premium difference with insurance having no credit if we decide to go this route. Assumi...
by Da5id
Tue Aug 29, 2017 7:56 am
Forum: Investing - Help with Personal Investments
Topic: Sitting on the sidelines...for now
Replies: 32
Views: 3759

Re: Sitting on the sidelines...for now

Maybe should not have given so much information and limited my comment regarding "timing the market". I agree and would say that I am timing the market, but please leave the "timing" to me. I understand that I may miss out on either a huge increase or a huge drop. Annuity option...not so much. I wa...
by Da5id
Tue Aug 29, 2017 7:43 am
Forum: Investing - Help with Personal Investments
Topic: Relative angry I will not co-sign
Replies: 90
Views: 8009

Re: Relative angry I will not co-sign

Writing off close relatives is a really hard thing to do, especially if they have dependent children you care about. Given that you say they "frittered", seems like it is a black hole as they will continue to fritter -- spenders gonna spend. If the hard times were caused by serious illness or true b...
by Da5id
Tue Aug 29, 2017 5:50 am
Forum: Investing - Theory, News & General
Topic: Why not just buy BRK.B or BRK.A?
Replies: 49
Views: 3728

Re: Why not just buy BRK.B or BRK.A?

Why not really go all in and just use GOOGL or AAPL. Mind you, BRK.A as a somewhat diversified conglomerate that also owns more than 40 stocks more like a mutual fund than most stocks. But there is no great reason to think that it will continue its historic outperformance. And while Buffett and Mun...
by Da5id
Mon Aug 28, 2017 1:44 pm
Forum: Investing - Theory, News & General
Topic: Why not just buy BRK.B or BRK.A?
Replies: 49
Views: 3728

Re: Why not just buy BRK.B or BRK.A?

BRK.A as a somewhat diversified conglomerate that also owns more than 40 stocks more like a mutual fund than most stocks. I will have to disagree with you. BRK is 2 companies. First and foremost it is a financial / insurance company. It is leveraged like a insurance company and its balance sheet re...
by Da5id
Mon Aug 28, 2017 1:12 pm
Forum: Investing - Theory, News & General
Topic: Why not just buy BRK.B or BRK.A?
Replies: 49
Views: 3728

Re: Why not just buy BRK.B or BRK.A?

Why not really go all in and just use GOOGL or AAPL. Mind you, BRK.A as a somewhat diversified conglomerate that also owns more than 40 stocks more like a mutual fund than most stocks. But there is no great reason to think that it will continue its historic outperformance. And while Buffett and Mung...