Search found 15 matches

by Bob Alou
Wed Jan 16, 2019 10:50 pm
Forum: Investing - Theory, News & General
Topic: John Bogle has died at age 89
Replies: 856
Views: 58662

Re: John Bogle has died at age 89

The epitome of a life well lived. I will be grateful for the rest of my days for everything that Mr. Bogle has made possible for me and my family.
Godspeed.
by Bob Alou
Wed Dec 12, 2018 1:07 pm
Forum: Personal Consumer Issues
Topic: Buy Lexus CPO now or wait until end of Dec.?
Replies: 23
Views: 1829

Re: Buy Lexus CPO now or wait until end of Dec.?

Search dealer inventory on the Lexus CPO site, and let them know that you're looking at several cars. I found that none of the local dealers wanted to budge on CPO's initially, but once one does then you're off to the races. I had one dealer that called my cell repeatedly while I sat at a desk in an...
by Bob Alou
Mon Apr 30, 2018 10:48 am
Forum: Investing - Theory, News & General
Topic: Wells Fargo (again!) - DOL: "WF pushing 401k's to IRA's"?
Replies: 20
Views: 3335

Re: Wells Fargo (again!) - DOL: "WF pushing 401k's to IRA's"?

The problem is not that Wells was selling IRA's, but rather that they were selling IRA's to participants in existing 401k plans for which Wells was acting as a fiduciary. So the question would be, how did the retail agent find out that a plan participant had left an employer and was eligible to roll...
by Bob Alou
Wed Apr 18, 2018 8:48 pm
Forum: Investing - Theory, News & General
Topic: Vanguard changing stance on social activism
Replies: 6
Views: 1972

Re: Vanguard changing stance on social activism

I would not sell Wellesley for that reason, and in before the lock If it gets locked, so be it - The topic certainly seemed actionable to me. It's not meant to be overtly political, I'm just pointing out a public statement by Vanguard outlining their position and intentions. If this marks a change ...
by Bob Alou
Wed Apr 18, 2018 8:32 pm
Forum: Investing - Theory, News & General
Topic: vanguard notice - retiring our old investment platform
Replies: 50
Views: 11191

Re: vanguard notice - retiring our old investment platform

I have not converted, and I did not receive this notice - but I did notice that all of those "upgrade" buttons are now missing from my accounts.
by Bob Alou
Wed Apr 18, 2018 8:26 pm
Forum: Investing - Theory, News & General
Topic: Vanguard changing stance on social activism
Replies: 6
Views: 1972

Vanguard changing stance on social activism

Just last year we were urged to vote against a shareholder proposal urging socially responsible investing. Vanguard stated that such matters were best dealt with by policymakers, and that they could not address such issues while fulfilling their fiduciary obligations to shareholders. However, in a r...
by Bob Alou
Fri Aug 25, 2017 3:23 pm
Forum: Personal Consumer Issues
Topic: Miles Davis: Kind of Blue - Question for Jazz experts
Replies: 49
Views: 4780

Re: Miles Davis: Kind of Blue - Question for Jazz experts

Vince Guaraldi Trio - Jazz Impressions of Black Orpheus/Cast Your Fate To the Wind.
by Bob Alou
Thu May 25, 2017 2:29 pm
Forum: Personal Consumer Issues
Topic: Should I drink or sell my Pappy 12 year?
Replies: 74
Views: 14435

Re: Should I drink or sell my Pappy 12 year?

You will probably have other opportunities in life to take a profit of this magnitude. You will never again have the opportunity to enjoy a spirit of this quality with friends without significant expense Experiences have a value that can't always be quantified. Cheers.
by Bob Alou
Fri Apr 28, 2017 3:36 pm
Forum: Personal Investments
Topic: Time to reach 1M and 2M milestones
Replies: 171
Views: 61488

Re: Time to reach 1M and 2M milestones

So much of this is due to timing, and the vagaries of​ the market. We first crossed one million in 2000. Took about thirteen years. Shortly thereafter we crossed it in the other direction. Took 11 years after that to get to 2 million. Three years to the next one. Two and a half to the one after that...
by Bob Alou
Wed Apr 26, 2017 11:55 am
Forum: Investing - Theory, News & General
Topic: Vanguard has switched to brokerage only accounts
Replies: 192
Views: 49906

Re: Vanguard has switched to brokerage only accounts

I have not converted my accounts yet, but it seems to me that this will remove the short term market risk involved in moving IRA assets away from vanguard. If I can move fund holdings in kind to another firm without having to go to cash, I will then have more control over the timing of the liquidati...
by Bob Alou
Fri Mar 31, 2017 12:24 pm
Forum: Investing - Theory, News & General
Topic: Is Vanguard Portfolio tool accurate?
Replies: 16
Views: 2098

Re: Is Vanguard Portfolio tool accurate?

You may wish to take another look at the fund data for both VIIIX and VSIAX.
by Bob Alou
Fri Mar 17, 2017 10:21 am
Forum: Investing - Theory, News & General
Topic: Help with rebuttal to a Facebook post
Replies: 36
Views: 5984

Re: Help with rebuttal to a Facebook post

Interesting that they choose to leave the Vanguard fund out of the column showing return after the load, since this is the comparison that actually matters. Also interesting that they are showing the return on investor shares, when a 10 k investment would qualify for admiral shares. The 11 BP's diff...
by Bob Alou
Mon Mar 13, 2017 12:00 pm
Forum: Personal Finance (Not Investing)
Topic: taxes on HSA dividends in NJ?
Replies: 10
Views: 1833

Re: taxes on HSA dividends in NJ?

How would you report dividend or interest income in the absence of a1099? Wouldn't that cause a mismatch with the state since the custodian is not reporting a similar amount?
by Bob Alou
Tue Jan 17, 2017 7:44 pm
Forum: Personal Finance (Not Investing)
Topic: Disheartening to hear this about Vanguard
Replies: 33
Views: 7385

Re: Disheartening to hear this about Vanguard

Depending upon how far back you need to go - the Vanguard site keeps transaction data from 1993. Go into "custom range" and select the earliest date. Highlight the seven columns of resulting data, copy and paste it into an excel spreadsheet, and do whatever you need to do with it. So long as you hav...
by Bob Alou
Mon Jan 09, 2017 11:09 am
Forum: Personal Finance (Not Investing)
Topic: Cash in old stock certificate
Replies: 5
Views: 988

Re: Cash in old stock certificate

Tender offers do expire, but the subsequent exchanges are forever. Your share is worth $93. But that money has almost certainly been escheated to the state that you lived in at the time of the merger. Go to missing money dot com and search for your name, I bet you find it. If that fails, you can sta...