Search found 3402 matches
- Mon Sep 09, 2013 9:35 am
- Forum: Investing - Theory, News & General
- Topic: Lessons From The Recession (AARP)
- Replies: 21
- Views: 3118
Re: Lessons From The Recession (AARP)
When a reverse mortgage is being processed, isn't the house viewed as an asset from the viewpoint of the underwriter? Things can serve different functions to different people, just as they can have different dollar values to different people (that being the basis of trade). Just because a house is ...
- Mon Sep 09, 2013 8:18 am
- Forum: Investing - Theory, News & General
- Topic: Lessons From The Recession (AARP)
- Replies: 21
- Views: 3118
Re: Lessons From The Recession (AARP)
When a reverse mortgage is being processed, isn't the house viewed as an asset from the viewpoint of the underwriter?
- Sun Sep 08, 2013 2:16 pm
- Forum: Investing - Theory, News & General
- Topic: QUESTIONS FOR Q&A WITH JACK BOGLE
- Replies: 36
- Views: 7737
Re: QUESTIONS FOR Q&A WITH JACK BOGLE
Question for Mr. Bogle; Sir, would you please expound on your thoughts on an investor's expected future Social Security payments as they might affect the asset allocation of a pre-retiree. Does it affect the "age in bonds" rule of thumb? Thank you, Mr. Bogle, for your untiring work on beha...
- Sun Sep 08, 2013 1:55 pm
- Forum: Investing - Theory, News & General
- Topic: YOUR QUESTIONS FOR THE EXPERTS PANEL
- Replies: 63
- Views: 10743
Re: YOUR QUESTIONS FOR THE EXPERTS PANEL
For investors with mostly taxable accounts, how do you view the challenges of the muni bond market?
- Sat Sep 07, 2013 9:22 pm
- Forum: Investing - Theory, News & General
- Topic: 5 Reasons to Add Index Funds to Your Portfolio
- Replies: 18
- Views: 3655
- Sat Sep 07, 2013 7:36 pm
- Forum: Investing - Theory, News & General
- Topic: 5 Reasons to Add Index Funds to Your Portfolio
- Replies: 18
- Views: 3655
- Sat Sep 07, 2013 3:30 pm
- Forum: Investing - Theory, News & General
- Topic: 5 Reasons to Add Index Funds to Your Portfolio
- Replies: 18
- Views: 3655
- Wed Sep 04, 2013 8:40 pm
- Forum: Investing - Theory, News & General
- Topic: "Social Security is not an asset"
- Replies: 50
- Views: 4940
Re: "Social Security is not an asset"
You might want to make some corrections.Professor Emeritus wrote:...Ab bond that can default is an asset...
Teh column wousl have been more intelligent....
- Tue Sep 03, 2013 3:33 pm
- Forum: Investing - Theory, News & General
- Topic: madsinger monthly report (August 2013)
- Replies: 12
- Views: 2104
Re: madsinger monthly report (August 2013)
Nice to see Wellington continue to best the 3-fund portfolio. :D And nice to see my I Bonds whipping Wellington and the entire batch (at least for the month)! :-) You can keep the 1-month returns. I'll keep the CAGR from 1999 forward. :D (As a long-term Wellington shareholder, I figure if it's good...
- Tue Sep 03, 2013 12:23 pm
- Forum: Investing - Theory, News & General
- Topic: It’s the income, stupid!
- Replies: 139
- Views: 22765
Re: It’s the income, stupid!
From one of the above-quoted links: " In my review of the historical record, I could only find a few cases where annuity owners ended up with less than their insurer promised. One resulted from the 1983 bankruptcy of Baldwin-United, which involved a takeover by MetLife and a court-ordered reduc...
- Tue Sep 03, 2013 10:15 am
- Forum: Investing - Theory, News & General
- Topic: madsinger monthly report (August 2013)
- Replies: 12
- Views: 2104
Re: madsinger monthly report (August 2013)
Nice to see Wellington continue to best the 3-fund portfolio. 

- Tue Sep 03, 2013 9:36 am
- Forum: Investing - Theory, News & General
- Topic: It’s the income, stupid!
- Replies: 139
- Views: 22765
Re: It’s the income, stupid!
I always recall the following when contemplating using insurance products for part of the income floor: ... I take zero, absolutely zero, comfort that few insurance companies have failed thus far, just as the wise person took should have taken no comfort about the security of the United States on De...
- Tue Sep 03, 2013 8:26 am
- Forum: Investing - Theory, News & General
- Topic: More international in target funds generally
- Replies: 9
- Views: 1201
Re: More international in target funds generally
Why is anyone surprised that VG would change the asset allocation of its TR Funds? Aren't they aware of the major shifts in allocation just a few years into their inception?
http://www.marketwatch.com/story/target ... -their-aim
http://www.marketwatch.com/story/target ... -their-aim
- Mon Sep 02, 2013 9:01 pm
- Forum: Personal Investments
- Topic: Retiring in 3 years and sitting on 85% cash since 2008
- Replies: 75
- Views: 9766
Re: Retiring in 3 years and sitting on 85% cash since 2008
First post, great site! I am going to leave the grindstone in 3 years max. Liquidated 90% of my equities assets after recovering most of my 2007-09 losses. Back in 2007-08, I was 90% equities. Ouch... Learned my lesson the hard way. Even had 75% of that sizeable money with high paid "professio...
- Thu Aug 29, 2013 11:54 pm
- Forum: Investing - Theory, News & General
- Topic: Should retirement portfolios tilt toward dividend stocks?
- Replies: 24
- Views: 3268
Re: Should retirement portfolios tilt toward dividend stocks
A Boglehead recently wrote that he feels 'income subject to market price risk is not the foundation for a sustainable retirement strategy.'
- Thu Aug 29, 2013 11:49 pm
- Forum: Investing - Theory, News & General
- Topic: One More "Don't Buy This Book" from Bill Bernstein
- Replies: 73
- Views: 17021
Re: One More "Don't Buy This Book" from Bill Bernstein
Bill, love your writing style, but this is pretty brazen. 

- Thu Aug 29, 2013 11:44 pm
- Forum: Investing - Theory, News & General
- Topic: the state of unfunded state pension obligations
- Replies: 90
- Views: 8256
Re: the state of unfunded state pension obligations
The intelligent way to deal with my pension is to pay it.... When the jockey weighs more than the horse, the ride becomes untenable. ...Certainly the obligation to me is equitably "senior" to any bondholder who loaned the state money knowing of the obligation to retirees..... Each State h...
- Thu Aug 29, 2013 8:59 am
- Forum: Investing - Theory, News & General
- Topic: the state of unfunded state pension obligations
- Replies: 90
- Views: 8256
Re: the state of unfunded state pension obligations
When the jockey weighs more than the horse, the ride becomes untenable.Professor Emeritus wrote: The intelligent way to deal with my pension is to pay it....
- Mon Aug 26, 2013 5:47 pm
- Forum: Investing - Theory, News & General
- Topic: It’s the income, stupid!
- Replies: 139
- Views: 22765
Re: It’s the income, stupid!
The DC industry has been shifting its efforts to a more outcome-oriented approach, in which workers are asked to create retirement plans with the assistance of online tools and other resources which help to determine the retirement nest egg they need..... Link to article - http://www.dfaus.com/pdf/...
- Sun Aug 18, 2013 10:18 pm
- Forum: Investing - Theory, News & General
- Topic: Time to abandon a global portfolio?
- Replies: 21
- Views: 3480
Re: Time to abandon a global portfolio?
Pop77, this paper does nothing but state the obvious. What new information did you learn from this? ...The chart on page 2 is golden. I am going to print it and stick it at my desk.... The Callen table has been much-discussed on this forum. No sense in re-inventing the wheel. :happy http://bit.ly/1...
- Sun Aug 18, 2013 4:55 pm
- Forum: Investing - Theory, News & General
- Topic: Time to abandon a global portfolio?
- Replies: 21
- Views: 3480
Re: Time to abandon a global portfolio?
Reassurance is NOT synonymous with reinforcement.pop77 wrote:
Much needed reassurance for many on this forum....
- Sun Aug 18, 2013 12:26 pm
- Forum: Investing - Theory, News & General
- Topic: Purple Chips book - the royal blue chip stocks
- Replies: 16
- Views: 2273
Re: Purple Chips book - the royal blue chip stocks
... That's why you can't hardly ever pick up those stocks on sale.... You're right. Recalling the post-9/11 stock market dips, IIRC did provide a buying opportunity: XOM went from $41.24 to $35.83; JNJ dropped from $55.82 that month down to $52.24; KO dropped a little from $25.10 to $23.40. (Effici...
- Sun Aug 18, 2013 12:11 pm
- Forum: Investing - Theory, News & General
- Topic: Twenty year anniversary - Fama-French paper
- Replies: 18
- Views: 2381
Re: Twenty year anniversary - Fama-French paper
Morningstar lists 2/19/1993 as the first trade date for DFA Large Cap Value (DFLVX). (Open to correction if others have a more accurate date.)
- Mon Aug 12, 2013 12:07 pm
- Forum: Investing - Theory, News & General
- Topic: The Reformed Broker- "Memo to the Passive Investing Taliban"
- Replies: 28
- Views: 4687
Re: The Reformed Broker- "Memo to the Passive Investing Tali
"Graham having done so on his death bed in 1976..." A little dramatic, huh?
- Sun Aug 11, 2013 4:17 pm
- Forum: Personal Investments
- Topic: TD Ameritrade Reviews?
- Replies: 31
- Views: 16470
Re: TD Ameritrade Reviews?
FWIW, didn't VG "recommend" them when they expunged all but the largest 401(k) plans from working directly with VG?
- Sun Aug 11, 2013 4:04 pm
- Forum: Investing - Theory, News & General
- Topic: Why must 401Ks be company specific?
- Replies: 27
- Views: 2724
Re: Why must 401Ks be company specific?
Or, just raise the tax advantaged retirement contribution limit to a total of $23,000 a year for any combination of roth, traditional IRA, or 401K. Simple. Yes. I thought of simply quadrupling the IRA limits. With 40(k)s there is the issue of employer contributions. Some employers make none, some m...
- Sun Aug 11, 2013 3:47 pm
- Forum: Investing - Theory, News & General
- Topic: Inflation Bonds - Convince Me - Yes or No!
- Replies: 61
- Views: 7838
Re: Inflation Bonds - Convince Me - Yes or No!
With I Bonds you won't ever lose principal. What are your thoughts on those?
- Sat Aug 10, 2013 12:52 pm
- Forum: Investing - Theory, News & General
- Topic: Article regarding DFA's addition of Profitability screen
- Replies: 28
- Views: 3612
Re: Article regarding DFA's addition of Profitability screen
Here is a brief article consistent with some of the research/news that Larry Swedroe has presented in the past few months. DFA is adding this factor. Sweeping changes under way at DFA "Thanks to a breakthrough in asset-pricing research last year, DFA is adding a third layer of screening to its...
- Sat Aug 10, 2013 12:49 pm
- Forum: Investing - Theory, News & General
- Topic: Article regarding DFA's addition of Profitability screen
- Replies: 28
- Views: 3612
Re: Article regarding DFA's addition of Profitability screen
Was? Has he passed away?alec wrote:And buffet was a disciple of Graham.Ranger wrote:What i don't understand is that Benjamin Graham taught and used gross profitability extensively. Why such a basic factor is a recent phenomenon is puzzling to me.
- Thu Aug 08, 2013 8:19 pm
- Forum: Investing - Theory, News & General
- Topic: For munis, bond fund or ladder
- Replies: 116
- Views: 15049
Re: For munis, bond fund or ladder
It's kind of surreal to read a thread where Larry is acknowledging the value of active management of a fixed income portfolio.
- Tue Aug 06, 2013 5:51 am
- Forum: Investing - Theory, News & General
- Topic: madsinger monthly report (July 2013)
- Replies: 7
- Views: 1223
Re: madsinger monthly report (July 2013)
Thanks for the update.
Wellington beats 3-fund portfolio going back to 1999? Nice.
Wellington beats 3-fund portfolio going back to 1999? Nice.
- Sun Aug 04, 2013 6:08 pm
- Forum: Investing - Theory, News & General
- Topic: David Swensen lazy portfolio critique?
- Replies: 16
- Views: 4014
Re: David Swenson lazy portfolio critique?
You'll note that the pie chart says REAL ESTATE, not REIT. It's my understanding that in his book Swensen lays out his reasons for emphasizing that asset class so highly, and that he specifies either direct Real Estate holdings or TIAA-CREF Real Estate Account holdings for this portion of the portf...
- Fri Aug 02, 2013 11:17 am
- Forum: Investing - Theory, News & General
- Topic: Scott Adams on Active Managers
- Replies: 29
- Views: 3359
Re: Scott Adams on Active Managers
Will Vanguard be closing and liquidating those active funds names Wellington and Wellesley?
- Thu Jul 25, 2013 12:12 pm
- Forum: Investing - Theory, News & General
- Topic: how best to diversify
- Replies: 8
- Views: 2004
Re: how best to diversify
Interesting theory. But how would a retail investor who refuses to pay the high fee's for DFA advisors access these factor? Further, how would one monitor these factors to maintain a balance? Seems like it is all theory without practical implementation advice. A competent advisor is there to monito...
- Sat Jul 20, 2013 12:29 pm
- Forum: Investing - Theory, News & General
- Topic: Jack Bogle's investments
- Replies: 24
- Views: 4049
Re: Jack Bogle's investments
Think about it... Mr. Bogle has enjoyed a "significant" amount of success, the goal being "enough". He has spent his life sharing his good fortune with charitable organizations, his family and all of us who are the OWNERS of Vanguard :D Not really. (When was the last time you re...
- Sat Jul 20, 2013 9:18 am
- Forum: Investing - Theory, News & General
- Topic: Jack Bogle's investments
- Replies: 24
- Views: 4049
Re: Jack Bogle's investments
Think about it... Mr. Bogle has enjoyed a "significant" amount of success, the goal being "enough". He has spent his life sharing his good fortune with charitable organizations, his family and all of us who are the OWNERS of Vanguard :D Not really. (When was the last time you re...
- Fri Jul 19, 2013 11:42 am
- Forum: Investing - Theory, News & General
- Topic: Detroit to default on $2.5B of debt
- Replies: 63
- Views: 9886
Re: Detroit to default on $2.5B of debt
"There's no reason for a bondholder to feel like there's any type of security" when investing in Detroit bonds, said Dan Solender, director of municipal-bond management at investment firm Lord Abbett & Co., which owns some Detroit bonds. http://finance.yahoo.com/news/detroit-bankruptc...
- Fri Jul 19, 2013 11:36 am
- Forum: Investing - Theory, News & General
- Topic: Jack Bogle's investments
- Replies: 24
- Views: 4049
Re: Jack Bogle's investments
From the article: "My retirement accounts are more like a 50-50 split between stocks and bonds, because of a longer time horizon and because yields on bonds are extremely unattractive right now. The equity side is mostly in Total Stock Market Index (VTSMX), but I still have a little bit in the ...
- Fri Jul 19, 2013 11:25 am
- Forum: Investing - Theory, News & General
- Topic: Detroit to default on $2.5B of debt
- Replies: 63
- Views: 9886
Re: Detroit to default on $2.5B of debt
"There's no reason for a bondholder to feel like there's any type of security" when investing in Detroit bonds, said Dan Solender, director of municipal-bond management at investment firm Lord Abbett & Co., which owns some Detroit bonds. http://finance.yahoo.com/news/detroit-bankruptcy...
- Wed Jul 17, 2013 8:58 pm
- Forum: Investing - Theory, News & General
- Topic: [Sad news - Pat Larimore]
- Replies: 225
- Views: 23632
Re: [Sad news - Pat Larimore]
Deepest condolences to Taylor and his family. May all of your good memories help to sustain you during this difficult time.
- Mon Jul 15, 2013 5:40 am
- Forum: Investing - Theory, News & General
- Topic: Cap-weighted funds
- Replies: 18
- Views: 1529
Re: Cap-weighted funds
Enron proves your point.
- Fri Jul 05, 2013 8:05 pm
- Forum: Investing - Theory, News & General
- Topic: Best Stories about meeting Jack Bogle
- Replies: 7
- Views: 2399
Re: Best Stories about meeting Jack Bogle
Mr. Bogle signed a book for me at an event at which he was speaking. He was distinguished, gracious, and his personality magnetic. I wish the world had more like him.
- Thu Jul 04, 2013 2:36 pm
- Forum: Investing - Theory, News & General
- Topic: Sell-Off Risk in Bond Funds
- Replies: 56
- Views: 6352
Re: Sell-Off Risk in Bond Funds
...other than one or two cases in which Vanguard bet wrong on interest rates, I can't remember a Vanguard stock or bond fund diverging significantly from its benchmark, including in 2008. The 2002 TBM debacle comes to mind. http://www.sec.gov/Archives/edgar/data/794105/000093247103000266/bondindex0...
- Sat Jun 22, 2013 3:34 pm
- Forum: Investing - Theory, News & General
- Topic: Do you own Detroit municipal bonds?
- Replies: 10
- Views: 1665
Do you own Detroit municipal bonds?
“It definitely sets a precedent, and there’s definitely going to be a penalty going forward for the city and the state,” said Dan Solender, director of munis at Lord Abbett & Co. in Jersey City, New Jersey. The company oversees $19.5 billion of local debt. http://www.bloomberg.com/news/2013-06-1...
- Sat Jun 22, 2013 8:17 am
- Forum: Investing - Theory, News & General
- Topic: Why is the Market having a major sell off?
- Replies: 121
- Views: 11137
Re: Why is the Market having a major sell off?
What i don't understand is, Bernake said yesterday that the tapering will not begin until unemployment reaches 6.5%, among other criteria. He said strictly this is a threshold, and the stimulus will continue unchanged until that point. So why is there a major sell off, when no bad news was given? W...
- Wed Jun 19, 2013 12:19 pm
- Forum: Investing - Theory, News & General
- Topic: advantage over Wall Street: the long term vantage
- Replies: 2
- Views: 457
advantage over Wall Street: the long term vantage
"The irony is that while Wall Street has more information than you, its short time horizon forces it to deal with more randomness than you have to. That's your edge. And it's why any bumpkin who buys an index fund and forgets about it will beat the vast majority of professional money managers o...
- Sun Jun 16, 2013 6:38 pm
- Forum: Investing - Theory, News & General
- Topic: Christine Benz interviews T. Rowe Price finan. planner
- Replies: 2
- Views: 927
Christine Benz interviews T. Rowe Price finan. planner
Benz: Let's talk about the challenging environment that retirees are facing, and specifically the conundrums, the multiple issues created by very low yields currently. I'd like to look at annuities, start there, because historically they have been sort of standard planning advice for people getting...
- Sun Jun 16, 2013 5:32 pm
- Forum: Investing - Theory, News & General
- Topic: An analysis my colleague did on high yield
- Replies: 52
- Views: 8015
Re: An analysis my colleague did on high yield
...I would like to know what other Vanguard fund I would be wiser to invest in than VWEAX that will produce $1100 to $1200 per month like clockwork? If you listen closely you can hear the sounds of crickets chirping. The stock reply (no pun intended) might be that, in addition to the VFINX + Treasu...
- Sun Jun 09, 2013 9:20 pm
- Forum: Personal Investments
- Topic: Investing in Foreign Bonds
- Replies: 14
- Views: 2409
Re: Investing in Foreign Bonds
Upon reading the comments, I'd gather than if Mr. Ferri or Dr. Bernstein were running the Vanguard Target Retirement Funds they would not have added in't bonds.
- Sun Jun 09, 2013 9:10 pm
- Forum: Investing - Theory, News & General
- Topic: "Late Bloomer Millionaires" -- A Gem
- Replies: 48
- Views: 20877
Re: "Late Bloomer Millionaires" -- A Gem
Congratulations on the interview.