Search found 4993 matches

by stlutz
Sun Apr 21, 2019 1:04 pm
Forum: Investing - Theory, News & General
Topic: IEF vs AGG
Replies: 3
Views: 321

Re: IEF vs AGG

AGG's duration is currently 5.6 according to the iShares website.

The better fund to compare it to is GOVT (the Treasury portion of AGG).
by stlutz
Sun Apr 21, 2019 12:52 pm
Forum: Personal Finance (Not Investing)
Topic: Advice on Health Insurance Choices - Out of Network
Replies: 1
Views: 214

Re: Advice on Health Insurance Choices - Out of Network

If having a large range of doctors/facilities is important to you, I would pick based on the size of the in-network provider list. The problem with out of network coverage is that the insurance will only consider what they consider to be "reasonable and customary." This is much less than what you wo...
by stlutz
Sat Apr 20, 2019 10:39 am
Forum: Personal Consumer Issues
Topic: Windows 7 end of support - Jan 14, 2020
Replies: 69
Views: 3523

Re: Windows 7 end of support - Jan 14, 2020

W10 is the first Microsoft operating system I've ever run that works as well a couple of years after install as it did at first. Win 3.1, 95, 2000, XP, W7 all accumulated problems, started throwing GPFs, and slowed down over time. W10 works great. I'm submitting this post on an "older machine with 4...
by stlutz
Tue Apr 16, 2019 1:52 am
Forum: Personal Finance (Not Investing)
Topic: Job choice: higher pay or more interesting work?
Replies: 14
Views: 1614

Re: Job choice: higher pay or more interesting work?

What longer-term career opportunities exist at your current company? It's one thing to leave a pretty good situation (which it sounds like you do have) because you don't want to wait a couple of years for other more interesting opportunities to open up. It's a completely different thing if you are a...
by stlutz
Tue Apr 16, 2019 1:40 am
Forum: Personal Finance (Not Investing)
Topic: Bogleheads, why won't anyone hire me?
Replies: 194
Views: 17515

Re: Bogleheads, why won't anyone hire me?

Whenever I hear the "it's who you know not what you know" advice, I always want to ask if they've actually hired anyone. At my company I've hired several external candidates over the past few years. None of them were people I knew beforehand and none of them were referred by anyone I knew. They saw ...
by stlutz
Mon Apr 15, 2019 11:36 pm
Forum: Personal Consumer Issues
Topic: seriously thinking about leaving S. CA but where to?
Replies: 177
Views: 9774

Re: seriously thinking about leaving S. CA but where to?

I would agree with those who are suggesting places in the middle eastern part of the country. The problem with other places on the west is that they are basically just California 10 years ago (just less friendly). Anywhere you move to in the west you'll feel like it gets worse (i.e. more like CA no...
by stlutz
Mon Apr 15, 2019 9:24 pm
Forum: Personal Consumer Issues
Topic: seriously thinking about leaving S. CA but where to?
Replies: 177
Views: 9774

Re: seriously thinking about leaving S. CA but where to?

I would agree with those who are suggesting places in the middle eastern part of the country. The problem with other places on the west is that they are basically just California 10 years ago (just less friendly). Anywhere you move to in the west you'll feel like it gets worse (i.e. more like CA now...
by stlutz
Sun Apr 14, 2019 10:10 pm
Forum: Personal Consumer Issues
Topic: Where To Get New Bikes
Replies: 64
Views: 3832

Re: Where To Get New Bikes

One good option is Performance Bike
As an aside, they recently went out of business.

Regardless, the advice to buy from a bike shop is sound. Buy from the one who spends some time to make sure you are on one that fits you--a bike that fits gets ridden.
by stlutz
Tue Apr 09, 2019 7:59 pm
Forum: Personal Finance (Not Investing)
Topic: How do 40 year olds decide what they can afford?
Replies: 85
Views: 9573

Re: How do 40 year olds decide what they can afford?

Spend what you want on bikes but not anything else. :D
by stlutz
Sat Apr 06, 2019 3:12 pm
Forum: Investing - Theory, News & General
Topic: Purchase of Re-insurance risk outside of re-insurance funds
Replies: 5
Views: 431

Re: Purchase of Re-insurance risk outside of re-insurance funds

If you look at the performance of the above re-insurers in 2008 you can see that when the equity risk showed up, it did not effect these stocks. I would look a little more closely. Taking a look a a price-only chart, WRB peaked at ~$40/sh. in 2006. In Oct. 2008 it had declined to around $20. By yea...
by stlutz
Tue Apr 02, 2019 7:58 pm
Forum: Personal Finance (Not Investing)
Topic: New Bank: Schwab or Fidelity
Replies: 20
Views: 1466

Re: New Bank: Schwab or Fidelity

Note that the fee applies to debit card purchases but not ATM withdrawals.
by stlutz
Tue Apr 02, 2019 7:06 pm
Forum: Personal Finance (Not Investing)
Topic: New Bank: Schwab or Fidelity
Replies: 20
Views: 1466

Re: New Bank: Schwab or Fidelity

They are both excellent choices (I've used both over the years--currently using Fido). The consensus from prior discussions is that Fidelity is preferred if you are looking for an easier way to get ~2% interest on a MMF as opposed to .4% from a checking account. Schwab has better customer service in...
by stlutz
Mon Apr 01, 2019 10:21 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Performance Of State Pension Plans
Replies: 46
Views: 4823

Re: Larry Swedroe: Performance Of State Pension Plans

Federal government bailout is another option.
by stlutz
Mon Apr 01, 2019 8:55 am
Forum: Personal Consumer Issues
Topic: Wood vs Laminate Flooring
Replies: 56
Views: 4186

Re: Wood vs Laminate Flooring

Higher end laminate is better than cheap headwood.

My laminate floors look brand new but have been in for many years now.
by stlutz
Sat Mar 30, 2019 2:46 pm
Forum: Personal Consumer Issues
Topic: Shut off water before a vacation
Replies: 78
Views: 5796

Re: Shut off water before a vacation

How many people shut off the water when they leave for work every morning?
by stlutz
Thu Mar 28, 2019 10:30 pm
Forum: Investing - Theory, News & General
Topic: time to move from short term bonds to longer term?
Replies: 52
Views: 4021

Re: time to move from short term bonds to longer term?

The strategic answer to this question (short vs. long) always seems to depend a lot on which period of investing one considers "normal". For those who were scarred by high inflation in the 70s, a repeat of the scenario is always just around the corner. On the other hand, the person who has only been...
by stlutz
Thu Mar 28, 2019 10:22 pm
Forum: Investing - Theory, News & General
Topic: time to move from short term bonds to longer term?
Replies: 52
Views: 4021

Re: time to move from short term bonds to longer term?

It's not a myth, it's a fact. Show me some data that proves it false. All you have to do is go look at inflation adjusted returns through the 70's. Long term and intermediate bonds got massacred, short term bonds basically kept up with inflation. Long term, intermediate, and short term bonds are al...
by stlutz
Thu Mar 28, 2019 10:17 pm
Forum: Investing - Theory, News & General
Topic: time to move from short term bonds to longer term?
Replies: 52
Views: 4021

Re: time to move from short term bonds to longer term?

I know no one can predict which way interest rates will move, but since the Fed appears to have stopped/slowed down raising rates this year and maybe next year, is it time to move a percentage of money market and some short term bonds to intermediate or even longer term bonds in anticipation of get...
by stlutz
Fri Mar 22, 2019 10:07 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Why The Size Premium Should Persist
Replies: 62
Views: 3788

Re: Larry Swedroe: Why The Size Premium Should Persist

I agree the 5 would be riskier, but that's because there's only 5 of them--not because they are large or small. Further, the fewer the stocks, the more period-dependent the analysis. But which is riskier, the 5 smallest stocks or the 5 largest stocks? I would say the smallest stocks are riskier. Ye...
by stlutz
Fri Mar 22, 2019 8:02 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Why The Size Premium Should Persist
Replies: 62
Views: 3788

Re: Larry Swedroe: Why The Size Premium Should Persist

Being big and diversified as a conglomerate has nothing to do with posing less risk for the common shareholder. That's my contention. If breaking up big companies into a bunch of smaller companies doesn't change the risk of owning them as a unit, then I don't see how size correlates to risk as long...
by stlutz
Fri Mar 22, 2019 6:55 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Why The Size Premium Should Persist
Replies: 62
Views: 3788

Re: Larry Swedroe: Why The Size Premium Should Persist

Suppose I own stock in my employer, Consolidated Megacorp Industries. CMI decides to break itself up into 7 different companies. The contention in this whole "smallcap is riskier" discussion is that owning those 7 companies is significantly riskier than before the breakup and therefore should earn ...
by stlutz
Fri Mar 22, 2019 12:01 am
Forum: Investing - Theory, News & General
Topic: Fama vs Kahneman [Behavioral Finance]
Replies: 102
Views: 4411

Re: Fama vs Kahneman [Behavioral Finance]

The problem I have with the supposed dichotomy between the two is that the disagreement between them is more of values that observation, at least when it comes to investing. Fama says value stocks have beat the market and will beat the market, and that this proves that the market is rational. Thaler...
by stlutz
Thu Mar 21, 2019 10:04 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Why The Size Premium Should Persist
Replies: 62
Views: 3788

Re: Larry Swedroe: Why The Size Premium Should Persist

Suppose I own stock in my employer, Consolidated Megacorp Industries. CMI decides to break itself up into 7 different companies. The contention in this whole "smallcap is riskier" discussion is that owning those 7 companies is significantly riskier than before the breakup and therefore should earn a...
by stlutz
Mon Mar 18, 2019 12:05 am
Forum: Personal Finance (Not Investing)
Topic: Fidelity as a one stop shop
Replies: 532
Views: 58536

Re: Fidelity as a one stop shop

^^^^ Make this post a sticky! :sharebeer
by stlutz
Sat Mar 16, 2019 9:22 pm
Forum: Personal Finance (Not Investing)
Topic: Getting a "buyer broker" when home hunting
Replies: 22
Views: 1393

Re: Getting a "buyer broker" when home hunting

Some of you guys need to find better brokers.
by stlutz
Sat Mar 16, 2019 9:21 am
Forum: Personal Finance (Not Investing)
Topic: Optimal age to purchase SPIA
Replies: 34
Views: 2891

Re: Optimal age to purchase SPIA

The other option is to buy a deferred annuity an a younger age--pure longevity insurance if you will. If a 65 year old couple buys an annuity that begins paying at 80 (with cash refund option if you die early), that would pay $1370/mo. An 80 year old couple who buys one that begins paying immediatel...
by stlutz
Sat Mar 16, 2019 12:34 am
Forum: Personal Investments
Topic: 401(K) and asset protection
Replies: 30
Views: 1589

Re: 401(K) and asset protection

Is there a brokerage window option in the new 401k?

Alright used to be Hewitt. They administer a lot of plans.
by stlutz
Tue Mar 12, 2019 11:32 pm
Forum: Investing - Theory, News & General
Topic: Rick and Larry on Bloomberg 3/13
Replies: 12
Views: 1849

Re: Rick and Larry on Bloomberg 3/13

Are they talking about commodities? :D
by stlutz
Sun Mar 10, 2019 11:36 am
Forum: Personal Investments
Topic: Thinking of switching taxable acct to Fidelity but confused about short term redemption/trading fees
Replies: 18
Views: 1064

Re: Thinking of switching taxable acct to Fidelity but confused about short term redemption/trading fees

As mentioned earlier I believe Fidelity eliminated short term trading fees on most (if not all?) of their funds. What remains is a round trip trading limit. You are limited to a certain number of trades in and out of a fund within a 30 day period, and are warned before placing an order that would r...
by stlutz
Sun Mar 10, 2019 11:34 am
Forum: Personal Finance (Not Investing)
Topic: H&R Block form 8949 rounding
Replies: 7
Views: 516

Re: H&R Block form 8949 rounding

livesoft wrote:
Sun Mar 10, 2019 11:29 am
... use a "summary" as allowed by the IRS and not populate 8949 with individual lines.
That's what I was thinking too. Do you have any cost basis adjustments recorded on form 8949 (e.g. wash sales) that require use of it?
by stlutz
Sun Mar 10, 2019 12:21 am
Forum: Personal Finance (Not Investing)
Topic: H&R Block Tax 2018 Problems
Replies: 24
Views: 1439

Re: H&R Block Tax 2018 Problems

H&R Block supports form 1116. I just did mine last week. Their implementation isn't necessarily smooth, but it does walk one through filling out the form.
by stlutz
Sun Mar 10, 2019 12:18 am
Forum: Personal Investments
Topic: Thinking of switching taxable acct to Fidelity but confused about short term redemption/trading fees
Replies: 18
Views: 1064

Re: Thinking of switching taxable acct to Fidelity but confused about short term redemption/trading fees for ETFs

https://clearingcustody.fidelity.com/app/proxy/content?literatureURL=/890595.PDF Fidelity Clearing and Custody is not Fidelity Brokerage Services. "Fidelity Clearing and Custody" provides, well, clearing and custody services to registered investment advisors, banks & broker-dealers. Assuming you're...
by stlutz
Sun Mar 10, 2019 12:13 am
Forum: Personal Investments
Topic: Thinking of switching taxable acct to Fidelity but confused about short term redemption/trading fees
Replies: 18
Views: 1064

Re: Thinking of switching taxable acct to Fidelity but confused about short term redemption/trading fees

The following quote was found on the Fidelity.com web site a moment ago: Buy Online Commission-Free. Restrictions Apply Free commission offer applies to online purchases of Fidelity ETFs and select iShares ETFs in a Fidelity brokerage account. Fidelity accounts may require minimum balances. The sal...
by stlutz
Sat Mar 09, 2019 10:39 am
Forum: Personal Investments
Topic: Vanguard used FIFO cost basis when I specified SpecID
Replies: 40
Views: 1818

Re: Vanguard used FIFO cost basis when I specified SpecID

... there seems to be undue skepticism that I in fact clicked the order settings correctly (setting aside the issue of taking the screenshot which I fully acknowledge). I think I probably speak for the larger group when I say that is not much skepticism on the matter as what you have described has ...
by stlutz
Sat Mar 09, 2019 12:00 am
Forum: Personal Finance (Not Investing)
Topic: Need good insurance company to buy a Single Premium Immediate Annuity (SPIA)
Replies: 13
Views: 1313

Re: Need good insurance company to buy a Single Premium Immediate Annuity (SPIA)

Immediateannuities.com and Blueprint Income are good sites for comparing offerings from multiple companies.
by stlutz
Fri Mar 08, 2019 12:38 am
Forum: Investing - Theory, News & General
Topic: Open Brokerage Account at Chase - Good Idea or Bad Idea?
Replies: 10
Views: 809

Re: Open Brokerage Account at Chase - Good Idea or Bad Idea?

Is it bad when Vanguard lets you buy a fund or ETF with no load/sales charge/trade fee or is it only bad when other brokerages do it?
by stlutz
Thu Mar 07, 2019 11:34 pm
Forum: Investing - Theory, News & General
Topic: Grantham: US will return 2% real next 2 decades
Replies: 173
Views: 16743

Re: Grantham: US will return 2% real next 2 decades

EnjoyIt wrote:
Thu Mar 07, 2019 11:27 pm

Dave Ramsey predicts 12%. I just don't know who to believe.

:roll eyes:
In fairness, that's only if you invest in a "good growth mutual fund." :D
by stlutz
Thu Mar 07, 2019 9:15 pm
Forum: Investing - Theory, News & General
Topic: Grantham: US will return 2% real next 2 decades
Replies: 173
Views: 16743

Re: Grantham: US will return 2% real next 2 decades

Grantham's writings are always interesting. He's a smart guy. His forecasts aren't just "going where the numbers take him." In a very qualitative sense, he's a long-term pessimist because he believes we're running out of natural resources on one hand, but on the other hand we aren't running out them...
by stlutz
Thu Mar 07, 2019 8:22 pm
Forum: Investing - Theory, News & General
Topic: Grantham: US will return 2% real next 2 decades
Replies: 173
Views: 16743

Re: Grantham: US will return 2% real next 2 decades

This guy has pretty much been wrong about everything since 2008.

Example: https://www.mymoneyblog.com/gmo-asset-r ... -2018.html
by stlutz
Mon Mar 04, 2019 8:42 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity as a one stop shop
Replies: 532
Views: 58536

Re: Fidelity as a one stop shop

For those who are concerned about auto-debiting your brokerage account, then don't setup the CMA to do so. I share this concern and that's what I do. As a service to the Bogleheads community*, I recently tested this out by writing a check against my CMA without enough funds to cover it. There was pl...
by stlutz
Sun Mar 03, 2019 2:51 pm
Forum: Investing - Theory, News & General
Topic: Why won't Vanguard drop VTI & VOO expense to 0.03?
Replies: 57
Views: 7092

Re: Why won't Vanguard drop VTI & VOO expense to 0.03?

Which funds do you want them to raise the expense ratio on so they can lower VTI & VOO's? At the end of the day they have to make the money up somewhere. Actually, I don't think they can cross-subsidize, since the ETFs are share classes of the mutual funds and the mutual funds are independent busin...
by stlutz
Sun Mar 03, 2019 2:41 pm
Forum: Investing - Theory, News & General
Topic: Optimal approaches when you've "won the game"
Replies: 38
Views: 3250

Re: Optimal approaches when you've "won the game"

Considering various buckets of money is a good way to arrive at a rational asset allocation. But I think the idea of dedicating bucket X to this expense and bucket Y to that expense gives the illusion of precision whereas real life can be unpredictable and variable from year to year. How do I know e...
by stlutz
Sat Mar 02, 2019 3:31 pm
Forum: Investing - Theory, News & General
Topic: Calling history experts on long-term treasuries
Replies: 6
Views: 438

Re: Calling history experts on long-term treasuries

I would suggest that the breakdown of the Bretton Woods system in the early 70s was more fundamental than the Paul Volcker appointment. That's not to understate the importance of Volcker in the early 1980s, but the way the Fed approaches policy now vs. then is very, very different.
by stlutz
Sat Mar 02, 2019 12:32 pm
Forum: Investing - Theory, News & General
Topic: Calling history experts on long-term treasuries
Replies: 6
Views: 438

Re: Calling history experts on long-term treasuries

Doesn't go as far back as you are looking for, but this has some interesting tidbits:

https://www.treasurydirect.gov/indiv/re ... _bonds.htm
by stlutz
Fri Mar 01, 2019 7:24 pm
Forum: Investing - Theory, News & General
Topic: Is the market smarter than Vanguard Target funds?
Replies: 9
Views: 1584

Is the market smarter than Vanguard Target funds?

The global market portfolio would hold about 40% stocks and 60% bonds. Most target date funds and most people here utilize much higher stock allocations. This article proposes something closer to a market-weight position for all investors: https://www.bloomberg.com/opinion/articles/2019-03-01/the-ke...
by stlutz
Wed Feb 27, 2019 11:41 pm
Forum: Personal Finance (Not Investing)
Topic: Help! At Fault’s Insurance Company Refusing to Pay Diminished Value
Replies: 41
Views: 2994

Re: Help! At Fault’s Insurance Company Refusing to Pay Diminished Value

How much money are you looking for? Are you planning to sell the car in the near future?
by stlutz
Wed Feb 27, 2019 11:37 pm
Forum: Investing - Theory, News & General
Topic: Defaults Hurt, But Emerging Debt Still Wins in the Long Run
Replies: 27
Views: 2385

Re: Defaults Hurt, But Emerging Debt Still Wins in the Long Run

Whenever there is a thread proposing to take risk on the fixed income side, the counterargument always seems to be something along the lines of, "XXX bonds have been priced incorrectly, are currently priced incorrectly, and will always be priced incorrectly. Therefore one should only take risk in eq...