Search found 1092 matches

by retiringwhen
Tue Jun 25, 2019 6:07 am
Forum: Personal Finance (Not Investing)
Topic: Anyone knew the answer where the money is
Replies: 18
Views: 2619

Re: Anyone knew the answer where the money is

OP here. It is my responsibility to let everyone know what happened with this instance and the outcome. Spoke with a representative from Vanguard today and learned 1) vanguard did requested full IRA account transfer 2) there is no way of stopping the transfer as soon as it started, because it is el...
by retiringwhen
Mon Jun 24, 2019 4:12 pm
Forum: Investing - Theory, News & General
Topic: FT article: "Pension funds raise concern over index manager stewardship"
Replies: 14
Views: 1066

Re: FT article: "Pension funds raise concern over index manager stewardship"

I have been thinking about the stewardship issue since Jack Bogle started raising issues related this a year ago or so. I think there is both a major challenge and opportunity for differentiation by the big index houses. The challenge can be stated as thus: I am 100% sure I have very different stewa...
by retiringwhen
Fri Jun 21, 2019 8:15 pm
Forum: Investing - Theory, News & General
Topic: Exploring SCV diversification with Morningstar category averages, 1968-2018
Replies: 99
Views: 4994

Re: Exploring SCV diversification with Morningstar category averages, 1968-2018

siamond, you answered my first question! I am going to dig into the Simba data a bit more to understand what and how you got to what you (I didn't realize you were using these historical datasets, I knew about the real history you have pulled from Vanguard, etc.) That will scratch my personal itch. ...
by retiringwhen
Fri Jun 21, 2019 6:10 pm
Forum: Investing - Theory, News & General
Topic: Exploring SCV diversification with Morningstar category averages, 1968-2018
Replies: 99
Views: 4994

Re: Exploring SCV diversification with Morningstar category averages, 1968-2018

Why don't you use the data from this paper (see p. 21)? https://papers.ssrn.com/sol3/papers.cfm?abstract_id=879291 The conclusions of the paper are problematic because they used arithmetic instead of geometric returns, but the data methodology is at least sound. That is, the database has largely ad...
by retiringwhen
Fri Jun 21, 2019 1:37 pm
Forum: Personal Consumer Issues
Topic: what was your worst major purchase? mine is a 2019 mazda3
Replies: 156
Views: 11490

Re: what was your worst major purchase mine is a 2019 mazda3

Without a doubt, a 1998 Ford Windstar. Old technology (only one side door), crappy unreliable transmission and very very poor reliability overall. Driver seat was uncomfortable to boot. The $4,000 price advantage vs. buying a Honda Odyssey easily cost me $10,000 or more in the long run. Worse, it wa...
by retiringwhen
Wed Jun 19, 2019 6:39 pm
Forum: Investing - Theory, News & General
Topic: Exploring SCV diversification with Morningstar category averages, 1968-2018
Replies: 99
Views: 4994

Re: Past Performance Stock Data?

Regardless of why French dropped the data set, does anyone know of a good source these days? retiringwhen: Never forget the government warning required on all past performance data: Past performance does not predict future performance. The Wisdom of Jack Bogle: "The biggest mistake investors make i...
by retiringwhen
Wed Jun 19, 2019 2:40 pm
Forum: Investing - Theory, News & General
Topic: Exploring SCV diversification with Morningstar category averages, 1968-2018
Replies: 99
Views: 4994

Re: Exploring SCV diversification with Morningstar category averages, 1968-2018

...by the way, Ken French has removed the back-to-1926 "historical benchmark returns" from his "data library" website. To those in the know, what is the best source of pre-1980s data on SCV now that Ken French disavowed his own data? Do you have any background on this? I couldn't find anything on h...
by retiringwhen
Wed Jun 19, 2019 11:34 am
Forum: Investing - Theory, News & General
Topic: Exploring SCV diversification with Morningstar category averages, 1968-2018
Replies: 99
Views: 4994

Re: Exploring SCV diversification with Morningstar category averages, 1968-2018

So, it is what it is. On the other hand, I think there are issues with using academic paper data--and, by the way, Ken French has removed the back-to-1926 "historical benchmark returns" from his "data library" website. To those in the know, what is the best source of pre-1980s data on SCV now that ...
by retiringwhen
Tue Jun 18, 2019 12:25 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 967
Views: 97070

Re: U.S. stocks continue to soar!

Very interesting contrast today. On my homepage, there was a link to an article that was titled "Investors haven't this bearish since the 2008 financial crisis." I looked elsewhere on the home page and the Dow was up 402.67 points, the S&P 500 up 36.53, and the NASDAQ up 149.44. The timing could no...
by retiringwhen
Tue Jun 18, 2019 10:54 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 967
Views: 97070

Re: U.S. stocks continue to soar!

Very interesting contrast today. On my homepage, there was a link to an article that was titled "Investors haven't this bearish since the 2008 financial crisis." I looked elsewhere on the home page and the Dow was up 402.67 points, the S&P 500 up 36.53, and the NASDAQ up 149.44. The timing could no...
by retiringwhen
Tue Jun 18, 2019 10:35 am
Forum: Investing - Theory, News & General
Topic: Can't contact VG & "Your account information is temporarily unavailable"
Replies: 25
Views: 953

Re: Can't contact VG & "Your account information is temporarily unavailable"

I am finding that for some reason that chrome will not connect, but Edge is doing fine....

BTW, I have been having a similar issue with aetna.com for the last week. I am wondering if there was an update in Chrome that is breaking some websites (mostly around access / authentication).
by retiringwhen
Tue Jun 18, 2019 10:14 am
Forum: Investing - Theory, News & General
Topic: Can't contact VG & "Your account information is temporarily unavailable"
Replies: 25
Views: 953

Re: Can't contact VG & "Your account information is temporarily unavailable"

RetireBy55 wrote:
Tue Jun 18, 2019 10:07 am
DOS most likely wouldn't affect the call-in lines.

I can't even get through on the Flagship #. Just rings. Main, non-flagship # is also gorked - was prompted to enter zip code and it wasn't able to recognize what I entered.
If they are using VoIP lines, it is possible.
by retiringwhen
Mon Jun 17, 2019 4:24 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Has The Value Trade Become Overcrowded.
Replies: 64
Views: 4657

Re: Larry Swedroe: Has The Value Trade Become Overcrowded.

I had a few hundred dollars in cash in my rollover IRA account so I just purchased 6 shares of IJS, the iShares S&P Small-Cap 600 Value Index ETF, adding to that position. Seeing that I, in jest, put a "buy" recommendation on US Large-Cap Value, US Mid-Cap Value, and US Small-Cap Value; I decided t...
by retiringwhen
Mon Jun 17, 2019 10:20 am
Forum: Investing - Theory, News & General
Topic: So much for financial predictions, eh?
Replies: 46
Views: 4419

Re: So much for financial predictions, eh?

No, you misunderstood what I said. Someone can be correct about the most likely outcome, but still be incorrect about the actual outcome. The distribution of most likely outcomes can be very tight; it could even have zero dispersion, as the dice example shows. Stating the most likely outcome doesn'...
by retiringwhen
Sun Jun 16, 2019 8:56 pm
Forum: Investing - Theory, News & General
Topic: Question about SPIVA and active vrs passive metrics
Replies: 11
Views: 431

Re: Question about SPIVA and active vrs passive metrics

Most active funds with low fees are closet index funds. The few that have activeshare have a better chance to outperform, but it's still less than 50-50. Rick Ferri Rick's point is a good one. In the context of the PRIMECAP example I gave above, consider the following. In the last 10 years look at ...
by retiringwhen
Sun Jun 16, 2019 8:45 pm
Forum: Investing - Theory, News & General
Topic: Question about SPIVA and active vrs passive metrics
Replies: 11
Views: 431

Re: Question about SPIVA and active vrs passive metrics

Most active funds with low fees are closet index funds. The few that have activeshare have a better chance to outperform, but it's still less than 50-50. Rick Ferri Rick's point is a good one. In the context of the PRIMECAP example I gave above, consider the following. In the last 10 years look at ...
by retiringwhen
Sun Jun 16, 2019 7:37 pm
Forum: Investing - Theory, News & General
Topic: Question about SPIVA and active vrs passive metrics
Replies: 11
Views: 431

Re: Question about SPIVA and active vrs passive metrics

Thanks, that makes sense. However, doesn't it suggest that those active fund managers would likely be capable of beating the market with some regularity if they didn't charge fees to the investor? Yes, funds like PRIMECAP are an example where the low ER means they are regularly able to beat their i...
by retiringwhen
Fri Jun 14, 2019 8:38 pm
Forum: Personal Finance (Not Investing)
Topic: [Proposed changes to 401(k) and IRAs]
Replies: 67
Views: 2843

Re: Are existing stretch IRAs safe?

The articles I read said it only applies to beneficiary iras created after 12/31/19....

In before the lock......
by retiringwhen
Fri Jun 14, 2019 8:58 am
Forum: Investing - Theory, News & General
Topic: Should you buy VTSAX or VTI in a taxable account?
Replies: 16
Views: 1648

Re: Should you buy VTSAX or VTI in a taxable account?

Buy VTSAX because you won't have buyer's remorse unless you don't want a total US stock market fund. If you find you need/desire VTI (the ETF) in the future, you can always do a tax-free conversion. It only works in one direction. Otherwise there is no fundamental reason to pick one over the other. ...
by retiringwhen
Wed Jun 12, 2019 1:01 pm
Forum: Personal Consumer Issues
Topic: Where to sit at Wrigley?
Replies: 12
Views: 844

Re: Where to sit at Wrigley?

Bleachers or nothing.... it has been years since I was at Wrigley, but I almost always went to the bleachers because it was a unique old time experience with local “color” to make it interesting. The characters that lived there were all fun and friendly if sometimes a bit strange.lots of crowd inter...
by retiringwhen
Mon Jun 10, 2019 8:00 pm
Forum: Personal Investments
Topic: Jack Bogle: Vanguard Balanced Index is "Very Tax Efficient Fund"
Replies: 13
Views: 2984

Re: Jack Bogle: Vanguard Balanced Index is "Very Tax Efficient Fund"

Everything grabiner says is true. BUT, if you are looking for simplicity and a US-only 60/40 AA for a long-term, it hard to find a simpler, cheaper, more diversified solution that is also about as tax-efficient as you can get while holding taxable bonds. IOW, it is not a general purpose fund for all...
by retiringwhen
Mon Jun 10, 2019 7:17 pm
Forum: Investing - Theory, News & General
Topic: The collapse of Neil Woodford
Replies: 21
Views: 3380

Re: The collapse of Neil Woodford

Dantes wrote:
Mon Jun 10, 2019 7:09 pm
I liked
Anyway it’s a truth universally known that a man in possession of a large fortune, a super public profile, and a proven ability to beat the market generally wants to do it bigger and better.
The contrast with John Neff could not be greater.
by retiringwhen
Mon Jun 10, 2019 10:04 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 967
Views: 97070

Re: U.S. stocks continue to soar!

2Birds1Stone wrote:
Mon Jun 10, 2019 9:59 am
We live in strange times, indeed......
Nope just usual response to the news. extremely bi-polar in the short-run. its always been that way.....
by retiringwhen
Mon Jun 10, 2019 9:49 am
Forum: Personal Finance (Not Investing)
Topic: Refinance immediately after new home purchase?
Replies: 24
Views: 1984

Re: Refinance immediately after new home purchase?

TLDR; If the payback is a reasonably short time (less then 2 years lets say, but that really depends on how long you plan on holding the mortgage, aka stay in the house), then go for it. In 28 years of home ownership. we bought two houses and and have held 8 mortgages, I refinanced a 30 year into a ...
by retiringwhen
Sat Jun 08, 2019 10:55 am
Forum: Personal Finance (Not Investing)
Topic: Estate Planning Books [“Beyond the Grave” by Jeffery Condon Esq.]
Replies: 5
Views: 734

Re: Estate Planning Books

Just a big shout out of thanks to someone along the thread of a thread who suggested “Beyond the Grave” by Jeffery Condon Esq. What a helpful read in attempting to update our 20year old estate plan which we review every 2-5yrs.. and I’ve read quite a few books on saving the family compound. Really,...
by retiringwhen
Fri Jun 07, 2019 1:35 pm
Forum: Investing - Theory, News & General
Topic: Why is Vanguard Treasury Money Market yield so high?
Replies: 44
Views: 9324

Re: Why is Vanguard Treasury Money Market yield so high?

Maybe they stretched the maturity by a bit to get a tiny more yield as the rates began to drop? If so, we’ll be seeing the reduction very soon. As they can’t extend it much more than a few weeks with liquidity requirements.
by retiringwhen
Fri Jun 07, 2019 11:59 am
Forum: Investing - Theory, News & General
Topic: Excellent Larry Swedroe Podcast Interview: Factors For The Long Run
Replies: 337
Views: 17641

Re: Excellent Larry Swedroe Podcast Interview: Factors For The Long Run

Pretty hopeless. We are now debating the meaning of "traditional". Larry and the math geeks are technically correct and this has been explained to me. And by the way, thanks for the explanation, I knew someone would take this on. From a practical standpoint and for the sake of clear discussion it s...
by retiringwhen
Fri Jun 07, 2019 11:48 am
Forum: Investing - Theory, News & General
Topic: [How ETFs use "Heartbeat trades" to avoid taxes, Vanguard's patent]
Replies: 116
Views: 6125

Re: Can't believe, Vanguard is leader of Heartbeat tradings?

Warren Buffett should buy this patent from Vanguard and create a BRK.ETF to save on 50+ years of taxes, right? Please read about how ETFs work, this is very off-base. Seriously every word is off base. BRK does not pay capital gains distributions since it is a common stock. Use of the AP system and ...
by retiringwhen
Fri Jun 07, 2019 8:36 am
Forum: Investing - Theory, News & General
Topic: [How ETFs use "Heartbeat trades" to avoid taxes, Vanguard's patent]
Replies: 116
Views: 6125

Re: Can't believe, Vanguard is leader of Heartbeat tradings?

It is well known that VG has a patent on this and it is viewed as being a favorable benefit to those that hold these VG funds. No idea why you think this is a bad thing. Cheers They have no patent on heartbeats. It is available to any ETF and has been since the law specified this feature in 1969. m...
by retiringwhen
Fri Jun 07, 2019 8:33 am
Forum: Investing - Theory, News & General
Topic: [How ETFs use "Heartbeat trades" to avoid taxes, Vanguard's patent]
Replies: 116
Views: 6125

Re: Can't believe, Vanguard is leader of Heartbeat tradings?

It is well known that VG has a patent on this and it is viewed as being a favorable benefit to those that hold these VG funds. No idea why you think this is a bad thing. Cheers They have no patent on heartbeats. It is available to any ETF and has been since the law specified this feature in 1969. m...
by retiringwhen
Fri Jun 07, 2019 8:30 am
Forum: Investing - Theory, News & General
Topic: [How ETFs use "Heartbeat trades" to avoid taxes, Vanguard's patent]
Replies: 116
Views: 6125

Re: Can't believe, Vanguard is leader of Heartbeat tradings?

... Now I understand rise of Vanguard ETFs in last 10 years.. Gone are days of buy and hold. I don't think you understand what heartbeats do. They make it much MORE attractive for the investor (you and me) to buy and hold forever as we are in complete (nearly) control of when capital gains tax will...
by retiringwhen
Thu Jun 06, 2019 12:08 pm
Forum: Personal Investments
Topic: Spreadsheet or math help needed. [Timing when to buy]
Replies: 9
Views: 1242

Re: Spreadsheet or math help needed.

I don’t think there is a spreadsheet to track this unless you build up two views of the world, put it all in at once vs. what you actually did and them reproduce synthetic returns from history. Seems too hard to bother... OTOH, read this paper by Vanguard and try hard to internalized the message.......
by retiringwhen
Wed Jun 05, 2019 2:46 pm
Forum: Personal Investments
Topic: Has anyone recently transferred shares from Computershare to Vanguard?
Replies: 13
Views: 1617

Re: Has anyone recently transferred shares from Computershare to Vanguard?

I transferred common stock to Fidelity and Fidelity took care of everything on their end. But I had one stock in trust that ended up being a nightmare! Computershare runs in the ice age, everything has to be done through the mail and lost the forms I sent in twice and another returned to me. Finall...
by retiringwhen
Wed Jun 05, 2019 12:03 pm
Forum: Personal Investments
Topic: Problem at Vanguard?
Replies: 42
Views: 5248

Re: Problem at Vanguard?

Re: Taylor Larimore response to OP in the thread. The OP asked what would be a reasonable question anywhere in the world except here. Here the orthodoxy is so powerful that the "Dean of the bogleheads" calls the guys reasonable behavior " mind boggling" and it isn't even considered rude or hostile....
by retiringwhen
Tue Jun 04, 2019 3:00 pm
Forum: Personal Finance (Not Investing)
Topic: Is it Wise to Remove Escrow if Bank Allows it?
Replies: 87
Views: 5514

Re: Is it Wise to Remove Escrow if Bank Allows it?

I have had mortgages with and without escrow, in the end, the effort for each is about the same. I currently have escrow (and 75% equity in the house) but don’t bother to get rid of it since I have a good system for budget with a fixed mortgage payment and don’t feel the need to get rid of it. My mo...
by retiringwhen
Tue Jun 04, 2019 2:17 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 967
Views: 97070

Re: U.S. stocks continue to soar!

While Taylor's answer is actionable, here is the rumor-mongering version.

The term PPT, as I understand it, is pretty well described in this Investopedia entry:

https://www.investopedia.com/terms/p/pl ... n-team.asp
by retiringwhen
Tue Jun 04, 2019 10:35 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 11012
Views: 1923082

Re: U.S. stocks in free fall

Gufomel wrote:
Tue Jun 04, 2019 8:35 am
Shaping up to be a RBD...for the Bears. There’s that 180 degree flip on news even hinting that the Mexico tariffs may be blocked.
This is the normal pattern, big moves cluster. Never be out of the market and you don't have to worry.....
by retiringwhen
Tue Jun 04, 2019 7:15 am
Forum: Personal Consumer Issues
Topic: Moderately Priced Hotel by Great Lakes within 3 Hours Drive of Detroit?
Replies: 18
Views: 958

Re: Moderately Priced Hotel by Great Lakes within 3 Hours Drive of Detroit?

Sandusky was mentioned above, I will vote for staying at the Breakers at Cedar Point. you have a nice beach, walking distance to the amusement park too. We did that a couple of times for a few days with my kids as the boys and I are roller coaster hounds. My wife spent her time on the beach and was ...
by retiringwhen
Sat Jun 01, 2019 6:18 pm
Forum: Personal Investments
Topic: VMFXX Federal Tax Deductible
Replies: 2
Views: 340

Re: VMFXX Federal Tax Deductible

Federal Money Market aka VMFXX is fully taxable at the federal level, in 2018, 69.9% of the income was from US Gov't obligations, making this potentially deductible at the state level. If you are looking for non-taxable dividends, you need to look at Munis like VMSXX. I am no expert on the impacts f...
by retiringwhen
Fri May 31, 2019 4:10 pm
Forum: Personal Investments
Topic: Tax implications of Admiral shares on investment accounts?
Replies: 4
Views: 781

Re: Tax implications of Admiral shares on investment accounts?

In Vanguard’s case there is no difference between equivalent ETF and MF. This is patented. Enjoy! Correct, the financial press / regular advice about ETF's being more tax-efficient wrt CG distributions is moot when applied to Vanguard funds with dual-share classes for MF and ETF... The ETF mechanis...
by retiringwhen
Fri May 31, 2019 1:09 pm
Forum: Personal Investments
Topic: Is VMFXX better than VMMXX now?
Replies: 28
Views: 2728

Re: Is VMFXX better than VMMXX now?

Does anyone know: is there a place that lists the historical 7-day yield? This link should show/compare several MM type funds, with both 7-day and YTD, and multi-year returns: https://institutional.vanguard.com/VGApp/iip/institutional/csa/investments/aggregateviews/all You'll need to click on the T...
by retiringwhen
Fri May 31, 2019 12:51 pm
Forum: Personal Investments
Topic: Is VMFXX better than VMMXX now?
Replies: 28
Views: 2728

Re: Is VMFXX better than VMMXX now?

Does anyone know: is there a place that lists the historical 7-day yield? Vanguard's Price History Search Tool shows the historical 7-day yield for Money Market Funds. Does anyone know how to get historical rolling 1yr total returns for funds? I have tracked the 1yr total return that is updated mon...
by retiringwhen
Thu May 30, 2019 4:40 pm
Forum: Personal Finance (Not Investing)
Topic: Fun paid jobs after FIRE
Replies: 171
Views: 14947

Re: Fun paid jobs after FIRE

Was on my way to a lunchtime work meeting yesterday. Saw a late-50s (or so) guy mowing the grass in one of the city parks. Part of me wanted to give notice when I got back to the office and just drive lawn tractor. If you like mowing, that's a very lucrative business. I pay for yard service, and it...
by retiringwhen
Thu May 30, 2019 1:48 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 11012
Views: 1923082

Re: U.S. stocks in free fall

I occasionally wonder what would happen if stocks decline 89% like they did 1929-1932. How many could/would "stay the course"? I did well through the 2008 crash, and ultimately made a lot of money, but 89%??? I don't know. Given that several die-hard Bogleheads here were talking about pulling the p...
by retiringwhen
Thu May 30, 2019 10:48 am
Forum: Personal Consumer Issues
Topic: Good small SUV or AWD sedan recs
Replies: 39
Views: 1952

Re: Good small SUV or AWD sedan recs

A 3-5-year old Crosstrek would be great choice. I bought my son a brand new bottom of the barrel Crosstrek in 2015 (manual, zero optional features) and it has been cheap to operate, very reliable, he enjoys driving it, good in snow and big enough to haul stuff back and forth to college (if he didn't...
by retiringwhen
Thu May 30, 2019 10:41 am
Forum: Personal Investments
Topic: Is VMFXX better than VMMXX now?
Replies: 28
Views: 2728

Re: Is VMFXX better than VMMXX now?

A quick review of you numbers looks correct. I am in a slightly higher state and the 27.8% federal tax bracket and the line crossed for me last week. I have been using VUSXX for a while as well and it has been neck and neck with Prime for a long time but now is better without question since I have r...
by retiringwhen
Thu May 30, 2019 10:28 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 11012
Views: 1923082

Re: U.S. stocks in free fall

I know I'm weird, but I always feel relieved when the market goes down. It like what Hitchcock said about suspense - there is no terror in a gunshot, only in its anticipation. Back when the S&P was above 2900, I kept thinking about how much the next crash was going to hurt ; now that we've dropped,...
by retiringwhen
Thu May 30, 2019 8:46 am
Forum: Personal Investments
Topic: Am I playing a losing game?
Replies: 33
Views: 3205

Re: Am I playing a losing game?

Yes, yes. :beer

But must ask, why the RE fund? Probably better off with a small bond holding.
by retiringwhen
Wed May 29, 2019 4:38 pm
Forum: Personal Finance (Not Investing)
Topic: Estate planning - can I require only RMDs for inherited Roth IRA?
Replies: 46
Views: 2263

Re: Estate planning - can I require only RMDs for inherited Roth IRA?

I have a large Roth IRA balance that I will split between two children. I want to require RMDs rather than lump sum or 5 year liquidation. Is there a way to structure this so that my children are required to take only the minimum RMD annually? In addition, I have a decent amount saved outside of re...
by retiringwhen
Sun May 26, 2019 9:25 am
Forum: Personal Finance (Not Investing)
Topic: Deer hit car near kid's school...file claim back home?
Replies: 27
Views: 1659

Re: Deer hit car near kid's school...file claim back home?

I would file with insurance company immediately. Were the police called? If not, make sure lots of pictures to prove your case. It's not typical to call the police after a collision with a deer, nor it is a good use of police resources to do so. My insurance company strongly suggests you file a pol...