Search found 342 matches

by KarlJ
Sun Aug 18, 2013 3:27 pm
Forum: Personal Consumer Issues
Topic: Help with a new computer
Replies: 30
Views: 3577

Re: Help with a new computer

No the member must buy it and Costco only accepts the Costco American Express card.
Costco accepts other American Express cards, I use the Fidelity 2% card for Costco purchases.
by KarlJ
Sat Aug 17, 2013 8:43 pm
Forum: Personal Consumer Issues
Topic: Help with a new computer
Replies: 30
Views: 3577

Re: Help with a new computer

I guess I am in the minority here that does not hate Windows 8. I got a Windows 8 desktop from Costco a few months ago. No problems at all so far. Windows 8 apps are about touch screens, but the apps also work with a mouse. I am not enamored with the apps, but I use them daily for simple things like...
by KarlJ
Sat Aug 17, 2013 9:06 am
Forum: Personal Investments
Topic: WisdomTree as a proxy for value
Replies: 5
Views: 1505

Re: WisdomTree as a proxy for value

I am interested in the answers to these questions as I also hold DGS. In a recent thread the profitability factor for ETFs was discussed, as DFA has recently added a profitability screen to their funds, but the problem is finding a source of profitability factor information for ETFs, which could be ...
by KarlJ
Fri Aug 16, 2013 8:47 pm
Forum: Investing - Theory, News & General
Topic: Dr. Wade Pfau on the 4% Rule
Replies: 124
Views: 15142

Re: Dr. Wade Pfau on the 4% Rule

One of the linked Dr. Pfau articles contains the following quote: This study suggests that a 4 percent withdrawal rate cannot be considered as safe for U.S. retirees in recent years … Readers persuaded by this analysis may wish to include TIPS and other assets as a part of their portfolios. TIPS, in...
by KarlJ
Wed Aug 14, 2013 2:12 pm
Forum: Investing - Theory, News & General
Topic: Forbes Article: Why Don't Retirees Buy Annuities?
Replies: 66
Views: 11804

Re: Forbes Article: Why Don't Retirees Buy Annuities?

I thought this excellent article contains much useful information, especially about LTCI. The biggest concern for me is the insurance company paying. I have a health policy with an insurance company that has "it pays" as part of the company advertising, but I had a two month battle over a claim of m...
by KarlJ
Sun Aug 11, 2013 8:58 am
Forum: Personal Consumer Issues
Topic: Simplify Your Tech Life, Thoreau-Style
Replies: 28
Views: 5201

Simplify Your Tech Life, Thoreau-Style

The August 10-11 Wall Street Journal article, Simplify Your Tech Life, Thoreau-Style link follows: http://online.wsj.com/article/SB10001424127887324635904578644240162671204.html Inspired by the writings of Thoreau, we looked for simple tools—the equivalent of Thoreau's knife, ax, spade and wheelbarr...
by KarlJ
Sat Aug 10, 2013 12:19 pm
Forum: Investing - Theory, News & General
Topic: Article regarding DFA's addition of Profitability screen
Replies: 28
Views: 3496

Re: Article regarding DFA's addition of Profitability screen

. It will be interesting to see how the new DFA screens on profitiability show-up in returns. Here’s a list of funds that also have a significant ‘profitability’ load in descending order of magnitude (among those I have looked at). Powershares RAFI Fundamental Pure Small Value* Bridgeway Ultra-smal...
by KarlJ
Fri Aug 09, 2013 4:56 pm
Forum: Personal Investments
Topic: TD Ameritrade Reviews?
Replies: 31
Views: 16258

Re: TD Ameritrade Reviews?

I have an Apex account at TD Ameritrade and getting sales calls and emails is definitely part of the package. At least quarterly I get a phone call from an aggressive salesman type representative pushing a managed portfolio product with fees based on AUM. I have told the rep numerous times that I am...
by KarlJ
Thu Aug 08, 2013 1:10 pm
Forum: Personal Finance (Not Investing)
Topic: Cash Rewards Credit Cards
Replies: 76
Views: 155657

Re: Cash Rewards Credit Cards

The 2% Fidelity AmEx is accepted practically everywhere in my experience with a few exceptions where NO credit cards were accepted, only cash or check. I do hold a Chase Freedom VISA, however, for the rotating 5% categories despite the hassle of registering and keeping track of which categories appl...
by KarlJ
Thu Aug 08, 2013 10:23 am
Forum: Personal Consumer Issues
Topic: Buy a new Windows 8 disc to clear Dell's bloat
Replies: 33
Views: 4576

Re: Buy a new Windows 8 disc to clear Dell's bloat

This year I purchased a Dell Windows 8 desktop PC from Costco and it did not have anything I consider bloatware on it. A CyberLink Suite was preinstalled that included PowerDVD software to play DVD movies that I use on occasion. I have not used the other CyberLink Suite programs, such as PowerDirect...
by KarlJ
Tue Aug 06, 2013 9:15 am
Forum: Personal Finance (Not Investing)
Topic: Schwab fees for transferring funds to VG
Replies: 14
Views: 1993

Re: Schwab fees for transferring funds to VG

Years ago Schwab notified me by letter of significant account changes with the provision that IRA account holders that did not like the changes could transfer out at no fee. I transferred out and still was charged the exit fees, but I only found out that I had been charged the fee by examining the t...
by KarlJ
Sat Aug 03, 2013 6:50 pm
Forum: Investing - Theory, News & General
Topic: Liability Matching Portfolio: Reality for the Long Term?
Replies: 50
Views: 5605

Re: Liability Matching Portfolio: Reality for the Long Term?

And what if most of one's assets are taxable and their IRA is small compared to the overall portfolio? I reread parts of The Ages of the Investor today and found mention of holding a TIPs ladder in a taxable account as being problematic due to taxing of the inflation component each year. Apparently...
by KarlJ
Sat Aug 03, 2013 11:30 am
Forum: Investing - Theory, News & General
Topic: Liability Matching Portfolio: Reality for the Long Term?
Replies: 50
Views: 5605

Re: Liability Matching Portfolio: Reality for the Long Term?

The concept of a LMP can be combined with a 50/50 allocation IMO. Being retired with no human capital suggests to me that implementing a LMP is sensible and need not be an all or nothing proposition. Continuously maintaining a 10 year TIPS ladder in an IRA targeted to satisfying the MRD requirements...
by KarlJ
Wed Jul 03, 2013 12:03 pm
Forum: Personal Consumer Issues
Topic: Computer question [How often to do a shutdown?]
Replies: 39
Views: 4067

Re: Computer question [How often to do a shutdown?]

I shutdown prior to a vacation, otherwise my desktop runs 24/7. Walter Mossberg of the WSJ gives his answer to this question here:
http://allthingsd.com/20130702/shut-down-or-sleep/
by KarlJ
Thu Jun 20, 2013 4:32 pm
Forum: Personal Consumer Issues
Topic: HP Printer problem
Replies: 16
Views: 1466

Re: HP Printer problem

I would get a new printer. My last two HP Photosmart printers lasted about two years each before problems similar to yours developed so I have made a habit of buying printers at Costco due to the return policy. I decided on a HP Officejet for my current printer for hopefully better reliability, albe...
by KarlJ
Wed May 22, 2013 7:07 pm
Forum: Investing - Theory, News & General
Topic: I'm Bullish on Bonds
Replies: 83
Views: 9717

Re: I'm Bullish on Bonds

G-Money wrote: If interest rates stay low for 20 years, you would have been much better off sticking with intermediate funds.
Making this assumption is not worth staking a retirement on IMO.
by KarlJ
Wed May 22, 2013 4:28 pm
Forum: Investing - Theory, News & General
Topic: I'm Bullish on Bonds
Replies: 83
Views: 9717

Re: I'm Bullish on Bonds

With the expectation of rising interest rates a given for many, . . . which Bogleheads should know is already priced into the prices and yields of bonds, one might conclude that it is reasonable to lower the duration of bond holdings in a portfolio in order to minimize loses in the short-term. Perh...
by KarlJ
Wed May 22, 2013 2:11 pm
Forum: Investing - Theory, News & General
Topic: I'm Bullish on Bonds
Replies: 83
Views: 9717

Re: I'm Bullish on Bonds

With the expectation of rising interest rates a given for many, one might conclude that it is reasonable to lower the duration of bond holdings in a portfolio in order to minimize loses in the short-term. Perhaps from a behavioral perspective the investor might be more likely stick with a bond alloc...
by KarlJ
Mon May 13, 2013 7:24 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity has the best customer service I know of
Replies: 57
Views: 5333

Re: Fidelity has the best customer service I know of

My experience with customer service at Fidelity has been very good.
by KarlJ
Mon May 13, 2013 7:11 pm
Forum: Personal Investments
Topic: Cash versus bonds-Why not?
Replies: 54
Views: 8314

Re: Cash versus bonds-Why not?

Gerrym51, The yields on the brokered CDs already have a huge bite taken out of them. Can you point me to a single 2% brokered 5 yr CD available now? How about 1.25% for 6 mos? Or even1%? I can find those nonbrokered. As long as you get what you paid for-so what. i would not buy a brokered cd unless...
by KarlJ
Thu May 09, 2013 12:36 pm
Forum: Personal Consumer Issues
Topic: Windows 8/7
Replies: 69
Views: 6551

Re: Windows 8/7

Now that they admit it is a total failure, I wonder what I should do in the mean time?... Don't spend any more money on Windows software "upgrades" :) Generally speaking, I think the ideal place to be is about 0.5 to 1.5 years behind the latest release. Anything more than that, and the "balance of ...
by KarlJ
Wed May 08, 2013 1:46 pm
Forum: Personal Consumer Issues
Topic: Windows 8/7
Replies: 69
Views: 6551

Re: Windows 8/7

Start8 has been mentioned previously, so I thought it would be of interest that in the 5/8/13 WSJ Walter Mosseburg column (page D1) he tested two products and states: Start8 and Pokki not only restore the Start Menu, they essentially let users avoid the tile-based Start Screen of Windows 8 altogeth...
by KarlJ
Wed May 08, 2013 12:48 pm
Forum: Personal Consumer Issues
Topic: Windows 8/7
Replies: 69
Views: 6551

Re: Windows 8/7

Start8 has been mentioned previously, so I thought it would be of interest that in the 5/8/13 WSJ Walter Mosseburg column (page D1) he tested two products and states: Start8 and Pokki not only restore the Start Menu, they essentially let users avoid the tile-based Start Screen of Windows 8 altogethe...
by KarlJ
Tue May 07, 2013 3:25 pm
Forum: Investing - Theory, News & General
Topic: Retirement planning for those already retired
Replies: 44
Views: 6972

Re: Retirement planning for those already retired

KarlJ I am very familiar with Fidelity's RIP and MCS. The RIP is very good and very sophisticated; possibly the best off the shelf planning tool available. My approach is not nearly as sophisticated, but I can say that my model gives me personally much more realistic and meaningful results Apprecia...
by KarlJ
Tue May 07, 2013 1:28 pm
Forum: Investing - Theory, News & General
Topic: How Would Mr. Bogle Calculate Expected REIT Returns?
Replies: 122
Views: 28613

Re: How Would Mr. Bogle Calculate Expected REIT Returns?

Is the implication of the chart in the OP to wait until the REIT dividend yield reaches 8% before buying a REIT index fund?
by KarlJ
Tue May 07, 2013 11:18 am
Forum: Investing - Theory, News & General
Topic: Retirement planning for those already retired
Replies: 44
Views: 6972

Re: Retirement planning for those already retired

In retirement I first used a spreadsheet to track spending and income, model various withdrawal strategies from retirement accounts, and estimate the tax implications of the various scenarios, but I found it to be a lot of work to keep the data current. I have come to rely on the Quicken Lifetime Pl...
by KarlJ
Mon May 06, 2013 2:52 pm
Forum: Investing - Theory, News & General
Topic: Why should a buy and hold investor shorten bond duration?
Replies: 18
Views: 2522

Re: Why should a buy and hold investor shorten bond duration

Aside from future liability matching with TIPS or CDs, I believe moving to a low duration in bond holdings is a practical way to deal with a low interest rate environment. There does not appear much upside in extending duration, but significant downside if interest rates climb unexpectedly. With thi...
by KarlJ
Thu May 02, 2013 1:33 pm
Forum: Personal Consumer Issues
Topic: Windows 8/7
Replies: 69
Views: 6551

Re: Windows 8/7

I recently switched to a new Windows 8 desktop PC when my 5+ year old Vista PC started acting "funny". I read many negative reviews of Windows 8, so prior to receiving the new PC I googled what was involved in converting to Windows 7 from Windows 8 and found that it was extremely difficult to do cor...
by KarlJ
Mon Apr 29, 2013 4:41 pm
Forum: Personal Finance (Not Investing)
Topic: Is Quicken Worth it?
Replies: 58
Views: 14472

Re: Is Quicken Worth it?

My answers would be substantially the same as Prudent except that I would add the following: 4. How advanced is it at tracking investments -- for example, will it calculate total asset allocation from different brokerage accounts? It will calculate total asset allocation across all accounts when the...
by KarlJ
Fri Apr 26, 2013 9:33 am
Forum: Personal Investments
Topic: WSJ: William Bernstein on bond allocation
Replies: 54
Views: 13148

Re: WSJ: William Bernstein on bond allocation

I agree with others here that Mr. Bernstein has been largely consistent over the years in recommending an emphasis on short-term bonds. My takeaway is that Mr. Bernstein is saying that an investor, especially a retiree with no human capital, should consider maintaining a duration of one year in the ...
by KarlJ
Thu Apr 25, 2013 10:11 am
Forum: Investing - Theory, News & General
Topic: Frontline--The Retirement Gamble
Replies: 325
Views: 53933

Re: Frontline--The Retirement Gamble

I watched the program with great interest. My takeaway was that the retirement situation for the Average Joe is much worse than I suspected, of crisis proportions with no clear solution for older workers that have not saved enough in their earlier years and invested in low-cost index funds. The pres...
by KarlJ
Wed Apr 24, 2013 7:52 pm
Forum: Personal Consumer Issues
Topic: Anyone using Quicken 2013?
Replies: 77
Views: 18438

Re: Anyone using Quicken 2013?

I recently did a new installation of Quicken 2013 on a Windows 8 PC, which went smoothly. I ported the Quicken files from my old Vista PC to the new Windows 8 PC using a USB cable and was up and running.
by KarlJ
Wed Apr 24, 2013 3:23 pm
Forum: Personal Investments
Topic: WSJ: William Bernstein on bond allocation
Replies: 54
Views: 13148

WSJ: William Bernstein on bond allocation

In the 4/24/13 Wall Street Journal (page C2), William Bernstein is quoted regarding cutting down risk in the bond allocation of a portfolio. For example someone who wanted a one-percent rise in interest rates to cause their fixed-income portfolio to drop by only 1% would put 80% of their money alloc...
by KarlJ
Sun Apr 07, 2013 4:15 pm
Forum: Investing - Theory, News & General
Topic: WSJ: May Day to Halloween to May Day ?
Replies: 5
Views: 1044

Re: WSJ: May Day to Halloween to May Day ?

The Hulbert article suggests that sector switching strategy using a "sell in May" strategy would have been profitable for the last decade, but that Sy Harding, who has a model "sell in May" portfolio, would wait for further market weakness in April before acting. Seems I have seen this movie before,...
by KarlJ
Fri Mar 01, 2013 7:48 pm
Forum: Investing - Theory, News & General
Topic: Build Your Own Annuity
Replies: 157
Views: 18410

Re: Build Your Own Annuity

I found the article very thought-provoking. The example of the 60 year old starting to buy EE bonds to cover spending needs in 20 years is especially interesting to me as it may be a strategy I could apply.
by KarlJ
Thu Feb 21, 2013 11:04 am
Forum: Investing - Theory, News & General
Topic: 30 year TIPs auction Feb 21 (announcement Feb 14)
Replies: 73
Views: 6155

Re: 30 year TIPs auction Feb 21 (announcement Feb 14)

I placed an order this morning with Fidelity that I had to do by phone, with the charge for phone orders reimbursed, since the order cannot be made online. The Fidelity rep said a decision to prohibit online orders is due to negative yields on TIPs, even though the 30 year has a positive yield, so t...
by KarlJ
Tue Feb 19, 2013 10:01 pm
Forum: Personal Finance (Not Investing)
Topic: Where were you financially in your late twenties?
Replies: 191
Views: 17859

Re: Where were you financially in your late twenties?

In my late 20s I was about $20,000 in the black. At the time I had about 18% in stock mutual funds with the balance in bank accounts and CDs.
by KarlJ
Tue Feb 19, 2013 2:44 pm
Forum: Personal Consumer Issues
Topic: What's your usual retirement day like ?
Replies: 201
Views: 50383

Re: What's your usual retirement day like ?

I'm reminded that Bertrand Russell once said that enjoying spending time doing nothing is never time wasted. In Praise of Idleness by Bertrand Russell quote: "The wise use of leisure, it must be conceded, is the product of civilization and education. A man who has worked long hours all his life wil...
by KarlJ
Wed Jan 16, 2013 4:33 pm
Forum: Personal Finance (Not Investing)
Topic: Has Fidelity converted your Spartan funds to Advtg clas yet?
Replies: 42
Views: 5015

Re: Has Fidelity converted your Spartan funds to Advtg clas

Received a letter from Fidelity today that my Spartan Investor class shares will be converted to Advantage class shares after the market close on January 18 as a nontaxable conversion with no fees or commissions associated with the conversion, and no action required by me.
by KarlJ
Mon Jan 14, 2013 12:03 pm
Forum: Personal Consumer Issues
Topic: My (horrible) experience with Vanguard
Replies: 82
Views: 13237

Re: My (horrible) experience with Vanguard

I have had no major issues with Vanguard in the past and hopefully the OPs problem with be resolved satisfactorily soon, although I currently prefer Fidelity for brokerage services. Fidelity offers a great combination of 24/7 customer service, low fee indexed offerings, banking services, good integr...
by KarlJ
Sat Jan 12, 2013 9:59 pm
Forum: Personal Consumer Issues
Topic: Get a Scanner!
Replies: 69
Views: 9032

Re: Get a Scanner!

Most financial institutions are more than happy to send you an electronic file to begin with - no scanning required. You can "print to .pdf" anything you can pull up on your web browser. I'm curious as to what types of documents you are interested in scanning in order to dispose of the paper versio...
by KarlJ
Sat Jan 12, 2013 3:37 pm
Forum: Personal Consumer Issues
Topic: My (horrible) experience with Vanguard
Replies: 82
Views: 13237

Re: My (horrible) experience with Vanguard

I decided that Scottrade was better than Fidelity and TD Ameritrade and all the other on line brokerage houses becaseu of this customer service. I transferred out from Scottrade after I received a revised 1099 from them hours before the IRS tax filing deadline, that required me to submit an amended...
by KarlJ
Fri Jan 11, 2013 6:56 pm
Forum: Personal Consumer Issues
Topic: Get a Scanner!
Replies: 69
Views: 9032

Re: Get a Scanner!

I have not been previously scanning, but this thread has starting me thinking about scanning financial documents such as old trade confirmations before I run them through a shredder. My HP Officejet has a scanner with document feeding capability, so I was planning to transfer in mass document images...
by KarlJ
Thu Jan 10, 2013 12:05 pm
Forum: Personal Consumer Issues
Topic: Paper Shredder recommendation
Replies: 28
Views: 5306

Re: Paper Shredder recommendation

I purchased this Staples shredder on sale for $20 with 10 lbs of free shredding at Staples store ($7.90 normally)
http://www.staples.com/Staples-8-Sheet- ... uct_917640
Shredder works fine with no jams so far.
by KarlJ
Mon Jan 07, 2013 11:03 am
Forum: Personal Consumer Issues
Topic: Anyone keep a journal?
Replies: 20
Views: 2003

Re: Anyone keep a journal?

I have kept informal paper and electronic journals for decades, organized by subject area. I use these entries to track the evolution of my thoughts on various subjects important to me over time. The primary purpose of the journals is to examine my own life. My thought is to take into account what S...
by KarlJ
Wed Jan 02, 2013 9:36 pm
Forum: Personal Investments
Topic: WellsTrade Changing Its Tune?
Replies: 51
Views: 7058

Re: WellsTrade Changing Its Tune?

It seems to me that Wells Fargo statements regarding the PMA Package are unnecessarily unclear. In recent months, major changes to the PMA Package have been presented in obtuse language requiring long discussions to ferret out the meaning. I had 5 great years with the PMA Package, but it seems to me...
by KarlJ
Wed Jan 02, 2013 8:49 pm
Forum: Personal Consumer Issues
Topic: Anyone using Quicken 2013?
Replies: 77
Views: 18438

Re: Anyone using Quicken 2013?

I have been using Quicken 2013 for a couple of months on a Vista PC with no major issues, although I have avoided using the mobile app so far. Entering mortgage payments is more combersome compared to Quicken 2010 that I had been using previously. Installing updates has caused Quicken to "disappear"...
by KarlJ
Thu Dec 13, 2012 9:09 am
Forum: Personal Consumer Issues
Topic: A tablet can replace a computer
Replies: 57
Views: 7453

Re: A tablet can replace a computer

The lack of easy multitasking capability on a tablet is a primary reason I would not want to have to rely solely on this device, as is the lack of ability to use the full versions of Quicken and Adobe applications like Photoshop.