Search found 217 matches

by GibsonL6s
Wed Sep 19, 2018 4:21 pm
Forum: Investing - Theory, News & General
Topic: Small business owners - sourcing commercial real estate lenders?
Replies: 3
Views: 297

Re: Small business owners - sourcing commercial real estate lenders?

Property type? Are you occupying all of it? It may make sense to start with where you bank, they frequently have commercial real estate loans for these types of purchases. Wells, B of A all want this type of loan. SBA will typically provide higher leverage, however more hoops to jump through to get ...
by GibsonL6s
Fri Sep 07, 2018 2:24 pm
Forum: Investing - Theory, News & General
Topic: 100% Bonds to boost returns?
Replies: 61
Views: 6393

Re: 100% Bonds to boost returns?

[/quote] Nothing wrong with market timing. Buffett and others do it all the time. So can we. [/quote] Buffet does not time "the market", nor does he ever buy "the market" He is a value investor who buys companies when he thinks they trade below his idea of their intrinsic value. Additionally, he con...
by GibsonL6s
Tue Aug 28, 2018 1:31 pm
Forum: Personal Consumer Issues
Topic: Good Non-Boring Boglehead Cars Under $30k
Replies: 215
Views: 12244

Re: Good Non-Boring Boglehead Cars Under $30k

I have a Mazda 3 and I would describe it as "sorta" fun to drive. I gave it to my newly licensed son to drive because it handles well but is not really fast. It is a really nice car, but not what I would call a sports car. I recently test drove a Hyundai Veloster and it fits the definition of fun es...
by GibsonL6s
Thu Aug 09, 2018 11:18 am
Forum: Investing - Theory, News & General
Topic: Dividend Growth Investing--what's the attraction?
Replies: 12
Views: 1357

Re: Dividend Growth Investing--what's the attraction?

The attraction is the idea, that one day the investor will be able to live exclusively on the dividends and also have a portfolio that can provide a legacy for their heirs. IMHO if the portfolio is big enough, it doesn't matter if it has individual stocks paying dividends or index funds throwing off...
by GibsonL6s
Thu Aug 09, 2018 10:03 am
Forum: Investing - Help with Personal Investments
Topic: Have Private Reits worked for you?
Replies: 17
Views: 1061

Re: Have Private Reits worked for you?

Hi fees, many deals are even "marked up". Lack of control, I would avoid.
by GibsonL6s
Wed Jul 25, 2018 11:44 am
Forum: Investing - Help with Personal Investments
Topic: Investing with a Developer
Replies: 48
Views: 3712

Re: Investing with a Developer

Without going point by point. As I have said in previous threads I do institutional real estate investing. I would never invest passively in another’s real estate deal.

Too many risks and not having control over the investments magnifies all of them. I would stay away.
by GibsonL6s
Wed Jul 18, 2018 6:31 pm
Forum: Investing - Help with Personal Investments
Topic: How do you handle the urge to DO something?
Replies: 102
Views: 7571

Re: How do you handle the urge to DO something?

I follow Rick's advice and do it, but just on a scale so the outcome is immaterial to my overall portfolio. Just because you are on a diet doesn't mean you never eat cake. :happy
by GibsonL6s
Thu Jul 12, 2018 12:25 pm
Forum: Investing - Help with Personal Investments
Topic: Questions about my perspective on bond funds
Replies: 13
Views: 978

Re: Questions about my perspective on bond funds

I don't think you can apply a "value" mindset to bonds as you do stocks. The value is a function of interest rates for good quality bonds. Unless you have a view on interest rates you want to invest in, I don't think you can say bonds are X % cheaper I want to buy them.
by GibsonL6s
Sun Jul 08, 2018 2:35 pm
Forum: Investing - Theory, News & General
Topic: Why 3-funds and not 4-funds or even 2-funds?
Replies: 56
Views: 4750

Re: Why 3-funds and not 4-funds or even 2-funds?

I think the answer is two fold for those that want global exposure. 1. fees, there are global funds that invest in stocks and bonds, I believe T Rowe has one RPGAX, but it is more expensive than building your own, and 2. Some people do not want the global market weight of a class like international ...
by GibsonL6s
Sat Jul 07, 2018 9:50 pm
Forum: Investing - Help with Personal Investments
Topic: Anyone hear of or invest in Rich Uncles?
Replies: 18
Views: 3786

Re: Anyone hear of or invest in Rich Uncles?

As I have said in previous threads I would never invest passively in an illiquid RE investment. Control is everything in RE. Stay away IMHO
by GibsonL6s
Mon Jul 02, 2018 2:57 pm
Forum: Investing - Theory, News & General
Topic: Why is warren buffet okay with no owning any bonds?
Replies: 48
Views: 4756

Re: Why is warren buffet okay with no owning any bonds?

I think it is important to note that what WB the individual invests in is different from what Berkshire Hathaway (BRK) invests in. BRK is an insurance holding company in addition to being a large scale entity. It has to hold large amounts of cash for regulatory reasons in addition to the fact given ...
by GibsonL6s
Mon Jul 02, 2018 2:32 pm
Forum: Investing - Help with Personal Investments
Topic: Do you own just 5% of anything?
Replies: 65
Views: 5091

Re: Do you own just 5% of anything?

Only individual stocks left over from the old days and a couple of new names I bought for fun. I only hold broad index funds, individual Treasuries and some tax free muni funds. I actually could see a time when I have just a broad US stock market fund and individual Treasuries in essence a one "fund...
by GibsonL6s
Fri Jun 29, 2018 5:17 pm
Forum: Investing - Theory, News & General
Topic: Is there a way to avoid bad companies in S&P 500?
Replies: 92
Views: 4854

Re: Why would creating an intelligent S&P 475 be so difficult to do?

The more I stick around here, the happier I am not picking stocks or segments. Just listening to CNBC on my commute gives me a headache with all the noise and discussions of "trades" people should make etc. The data which is posted here constantly reinforces the idea that investing is not a science ...
by GibsonL6s
Wed Jun 13, 2018 10:20 am
Forum: Investing - Help with Personal Investments
Topic: High Yield Municipal Bonds: Short or intermediate/long term, which to choose from?
Replies: 4
Views: 651

Re: High Yield Municipal Bonds: Short or intermediate/long term, which to choose from?

I have the Nuveen fund NVHAX which is ST HY muni, I have been very happy with it. No load at Schwab. It has a higher return than MUB the index fund of munis with a lower standard deviation. It distributes 1.4% more than MUB, but obviously you trade duration risk for credit quality. No free lunch, bu...
by GibsonL6s
Sun Jun 10, 2018 5:23 pm
Forum: Personal Finance (Not Investing)
Topic: Moved Family Across Country for New Job and Job is now gone
Replies: 27
Views: 6657

Re: Moved Family Across Country for New Job and Job is now gone

Agree on the need to speak to a lawyer, I am not one, but it seems that the contract was breached and possibly there was fraud. People have a duty to deal fairly and not disclosing the litigation and lack of funding is problematic as you would have made a different choice had you known. There may be...
by GibsonL6s
Sun Jun 10, 2018 1:21 pm
Forum: Personal Finance (Not Investing)
Topic: Moved Family Across Country for New Job and Job is now gone
Replies: 27
Views: 6657

Re: Moved Family Across Country for New Job and Job is now gone

You say the job is gone, what does that mean. Did they change their mind, had you started, was there a contract? I think the details matter a lot here. In other words is the company liable to you for something?
by GibsonL6s
Thu Jun 07, 2018 12:04 pm
Forum: Investing - Theory, News & General
Topic: Indexing will fail investors in next decade
Replies: 57
Views: 9343

Re: Indexing will fail investors in next decade

So instead of passively investing we should invest like hedge funds going long and short and make specific bets on subsectors of the market, chase yield, invest in a commodity and increase exposure to "illiquid investments". I don't see how any of this could go wrong :D
by GibsonL6s
Mon Jun 04, 2018 12:49 am
Forum: Personal Finance (Not Investing)
Topic: Can a Retired 60 yo MD, MBA Start a Law Career?
Replies: 276
Views: 15070

Re: Can a Retired 60 yo MD, MBA Start a Law Career?

Start a business providing expert witness services and advice to medical malpractice lawyers. You will leverage your expertise, make money and get a taste of the law and legal strategy. Good luck
by GibsonL6s
Wed May 16, 2018 11:15 am
Forum: Investing - Help with Personal Investments
Topic: Friend says "Stock market will crash, invest in silver" - thoughts?
Replies: 127
Views: 9257

Re: Friend says "Stock market will crash, invest in silver" - thoughts?

...A highly respected friend of mine is an expert in macroeconomics, and warned me to stay away from stocks... Where does his expertise come from? What degrees does he have, from which universities? You can have all the finance degrees in the world, forecasting the market is one area where educatio...
by GibsonL6s
Wed May 16, 2018 12:12 am
Forum: Investing - Theory, News & General
Topic: NRIA.NET - Real Estate Private Placement - 16% return
Replies: 21
Views: 2132

Re: NRIA.NET - Real Estate Private Placement - 16% return

I do RE for a living. As I have said before control is everything in real estate. I would never invest passively in a real estate deal ie one I did not control. Also I am sure they are not a benevolent society meaning high fees. I would steer clear.
by GibsonL6s
Tue May 15, 2018 10:56 am
Forum: Investing - Help with Personal Investments
Topic: Vanguard Junk Bond fund
Replies: 65
Views: 4498

Re: Vanguard Junk Bond fund

I looked at portfoliovisualizer and from 2000 it beat the S&P index with a lower standard deviation. I have always thought that there is something to the income component that many overlook. I would personally look at junk bonds like pref stock and convertible bonds as a portion of the equity alloca...
by GibsonL6s
Thu May 10, 2018 10:45 am
Forum: Investing - Help with Personal Investments
Topic: Factors Suggesting One Should Buy SPIA
Replies: 90
Views: 7360

Re: Factors Suggesting One Should Buy SPIA

I was simply referring to the payment. immediate annuities quote for a $500,000 immediate annuity for a male 65 the following monthly payments Life only $2,691 Life with cash refund $2,490. This insures you and if you pass early the beneficiaries get at least the premium less what you received in m...
by GibsonL6s
Wed May 09, 2018 6:14 pm
Forum: Investing - Help with Personal Investments
Topic: Factors Suggesting One Should Buy SPIA
Replies: 90
Views: 7360

Re: Factors Suggesting One Should Buy SPIA

I can never understand why anyone would purchase a SPIA without a return of premium or 20 year period certain. The little bit of extra income lost to insure your heirs receive something in the event of an early post purchase demise seem very worth it. You could compare the reduction in annuity to a...
by GibsonL6s
Wed May 09, 2018 1:00 pm
Forum: Personal Finance (Not Investing)
Topic: Signed Car Lease, Dealer calls later asking for a CO-SIGNER despite excellent credit
Replies: 180
Views: 19402

Re: Signed Car Lease, Dealer calls later asking for a CO-SIGNER despite excellent credit

Have they cashed you check? I would drive the car to the dealer and drop it off. Take a picture you did it, write an email that you did it and consider the deal null and void and move on with life. Buy a used car.
by GibsonL6s
Wed May 09, 2018 11:47 am
Forum: Investing - Help with Personal Investments
Topic: Factors Suggesting One Should Buy SPIA
Replies: 90
Views: 7360

Re: Factors Suggesting One Should Buy SPIA

I can never understand why anyone would purchase a SPIA without a return of premium or 20 year period certain. The little bit of extra income lost to insure your heirs receive something in the event of an early post purchase demise seem very worth it.
by GibsonL6s
Sun May 06, 2018 10:22 am
Forum: Personal Finance (Not Investing)
Topic: Signed Car Lease, Dealer calls later asking for a CO-SIGNER despite excellent credit
Replies: 180
Views: 19402

Re: Signed Car Lease, Dealer calls later asking for a CO-SIGNER despite excellent credit

Agree more to know before advice can be given did you sign a lease or an application. If it was an application and it was denied for lack of another co-signer take the opportunity to return it. If it was the lease is there a clause that says they can ask for this I highly doubt it. I would assume yo...
by GibsonL6s
Sat May 05, 2018 4:02 pm
Forum: Personal Consumer Issues
Topic: Need advice on $5M property sale
Replies: 39
Views: 4315

Re: Need advice on $5M property sale

Stop don’t do anything until you know the highest and best use of the property. Is it going to be used to develop office retail or apartments. Don’t focus on the commission until you understand the true value. Then find the best broker to sell it.
by GibsonL6s
Tue May 01, 2018 7:36 pm
Forum: Investing - Help with Personal Investments
Topic: At what point should you hire a financial advisor?
Replies: 25
Views: 2624

Re: At what point should you hire a financial advisor?

I would immediately manage the risk of having lots of money in a checking account. I think you need to get the money out of a checking account and buy some short term treasuries while you are deciding your next move. Congrats on having won the game and run up the score :sharebeer
by GibsonL6s
Mon Apr 30, 2018 11:49 am
Forum: Investing - Theory, News & General
Topic: An Article Claiming Vanguard Will Be Responsible For The Next Bear Market
Replies: 29
Views: 4963

Re: An Article Claiming Vanguard Will Be Responsible For The Next Bear Market

Disagree with the article but this is a funny line.

“If you pay peanuts, you get monkeys”
by GibsonL6s
Sun Apr 29, 2018 9:54 pm
Forum: Personal Finance (Not Investing)
Topic: Should I change careers?
Replies: 52
Views: 4269

Re: Should I change careers?

It sounds like to me you have a large portion of your net worth in private companies or venture capital deals since you say you are worth 8-18 but liquid 4. Is this correct. If so you have a "track record" that is not printed as we say. So the reality is you could be worth more or less and be better...
by GibsonL6s
Fri Apr 27, 2018 2:51 pm
Forum: Personal Finance (Not Investing)
Topic: What type of lawyer handles will disputes?
Replies: 9
Views: 1038

Re: What type of lawyer handles will disputes?

I had a similar issue. I would immediately ask for copies of all source documents or bank statements, brokerage statements, real estate contracts etc. honest people will provide dishonest will not and you know you have an issue. I have seen situations where people ask and get typed lists excel sprea...
by GibsonL6s
Tue Apr 24, 2018 2:42 pm
Forum: Investing - Theory, News & General
Topic: A Challenge To The 3 Fund Portfolio...The 2 Fund Portfolio
Replies: 32
Views: 4877

Re: A Challenge To The 3 Fund Portfolio...The 2 Fund Portfolio

Simplicity? Did you compare all of them with the ONE fund portfolio of Vanguard Balanced Index (VBINX/VBIAX)? Good luck, y gracias por leer ~cfs~ Not sure if this was for me, but the Vanguard balanced fund generally provided the same general returns as some of the world funds, but with less volatil...
by GibsonL6s
Tue Apr 24, 2018 2:04 pm
Forum: Investing - Theory, News & General
Topic: A Challenge To The 3 Fund Portfolio...The 2 Fund Portfolio
Replies: 32
Views: 4877

Re: A Challenge To The 3 Fund Portfolio...The 2 Fund Portfolio

Funny you should mention this, I was also looking at portfoliovisualizer and seeing how a "world allocation" portfolio did. There ware not a ton of funds going this far back, but it generally looked like the introduction of foreign debt instruments did not dampen volatility, they increased. I could ...
by GibsonL6s
Mon Apr 23, 2018 1:19 pm
Forum: Investing - Theory, News & General
Topic: Boglehead Philosophy Open To Change?
Replies: 197
Views: 10853

Re: Boglehead Philosophy Open To Change?

If you watched the video, Ian was investing in 2007/2008 his buy in created a great yield on cost. This is one of the unspoken secrets to investing... Tip 1: Secrets aren't found in youtube videos. Tip2: if there is an easy/obvious way to beat the market, why do so many mutual/hedge funds fail to d...
by GibsonL6s
Sun Apr 22, 2018 12:21 am
Forum: Investing - Help with Personal Investments
Topic: Lending Club Investing
Replies: 26
Views: 2784

Re: Lending Club Investing

Much like real estate deals as I have said before I would never under any circumstances invest in these things. When there are problems and there always is control is everything and in these you have none on top of the illiquidity.
by GibsonL6s
Sat Apr 21, 2018 2:43 pm
Forum: Investing - Help with Personal Investments
Topic: Want to be 100% in stock index funds ,
Replies: 31
Views: 3454

Re: Want to be 100% in stock index funds ,

historically, a portfolio of 80/20 does just as well as 100/0. You can go to portfoliovisualizer and put in VFIAX and VBTLX. It will give results going back to 2002. In fact over the same time frame some results for 10,000 including the important max drawdown 100 stocks $31,855 51% 80/20 30,393 41% ...
by GibsonL6s
Fri Apr 20, 2018 6:30 pm
Forum: Investing - Theory, News & General
Topic: Interesting S & P 500 facts
Replies: 9
Views: 2036

Re: Interesting S & P 500 facts

but it is not an index of the 500 largest-cap stocks. Do you by chance know what the largest-cap companies are that are not included? The easiest way is to check the holdings of the Vanguard Extended Market Index Fund/ETF, which is a market cap weighted fund that owns all US listed stocks that are ...
by GibsonL6s
Fri Apr 20, 2018 8:50 am
Forum: Investing - Theory, News & General
Topic: Financial "coaching"/consulting certifications?
Replies: 14
Views: 1527

Re: Financial "coaching"/consulting certifications?

If you do a search there are several organizations including some colleges and even Dave Ramsey offering a certification. What is it that you are planning to help people with. Is it budgeting and debt reduction or saving and investing. It wouldn’t hurt to get a series 65 them you could charge for ma...
by GibsonL6s
Thu Apr 19, 2018 5:36 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: What Hampers Pension Plans
Replies: 30
Views: 3165

Re: Larry Swedroe: What Hampers Pension Plans

It just irks me, though, that the same eagerness to default on long term promises is not extended to bonds. The obvious economic difference is that defaulting on bonds would cripple the ability to continue to borrow. But there's no reason , in my view, why a bondholder should be treated as somehow ...
by GibsonL6s
Thu Apr 19, 2018 10:19 am
Forum: Investing - Theory, News & General
Topic: Bill Bonner: what's your take?
Replies: 38
Views: 3890

Re: Bill Bonner: what's your take?

I get one of their daily emails. I stopped reading it awhile ago. They have a very successful business selling newsletter and putting on conferences that for Bogleheads provide no actionable information. They can be histrionic and love to call meltdowns and catastrophes in the markets. I don't belie...
by GibsonL6s
Wed Apr 18, 2018 7:22 pm
Forum: Investing - Theory, News & General
Topic: Interesting S & P 500 facts
Replies: 9
Views: 2036

Interesting S & P 500 facts

While reading about the issues confronting Bed Bath and Beyond, I got interested in how often changes in the index happen. While it is not active per se, there are more frequent changes than I realized. It creates a sort of natural selection process which removes companies which no longer meet the m...
by GibsonL6s
Tue Apr 17, 2018 5:51 pm
Forum: Investing - Help with Personal Investments
Topic: Please help me with arguments for/against actively managed...
Replies: 34
Views: 2291

Re: Please help me with arguments for/against actively managed...

This is a great resource https://us.spindices.com/spiva/#/reports/regions But, generally, you out perform the "market" by leverage, ie borrowing money to buy more stocks, concentrating ie more tech or a few "hot" stocks as opposed to the index, or alternatively buying a different asset class like re...
by GibsonL6s
Tue Apr 17, 2018 3:18 pm
Forum: Investing - Theory, News & General
Topic: How Warren Buffett Won His Multi-Million Dollar Long Bet
Replies: 27
Views: 3825

Re: How Warren Buffett Won His Multi-Million Dollar Long Bet

I think the second it was a "collection of hedge funds" he won. A collection of hedge funds is a mix of strategies that he knew would most likely offset each other. One hedge fund had a least of chance of outperforming.
by GibsonL6s
Mon Apr 16, 2018 7:01 pm
Forum: Investing - Help with Personal Investments
Topic: Easy way to compare funds, indexes, stock
Replies: 16
Views: 1343

Re: Easy way to compare funds, indexes, stock

Use this for stocks and ETFs, not funds.

https://www.dividendchannel.com/drip-re ... alculator/



Portfoliovisualizer is great to see how you did as a portfolio.
by GibsonL6s
Mon Apr 16, 2018 4:04 pm
Forum: Investing - Help with Personal Investments
Topic: Bonds - Am I missing something
Replies: 89
Views: 8685

Re: Bonds - Am I missing something

Historically, an 80/20 portfolio has done as well as 100/0 with a "better" worst year and volatility. It would seem that 80/20 should be the most aggressive portfolio to hold if one wanted to be the "most" aggressive.
by GibsonL6s
Fri Apr 13, 2018 3:38 pm
Forum: Investing - Help with Personal Investments
Topic: Why am I even holding BND? It has only been losing me money.
Replies: 62
Views: 9719

Re: Why am I even holding BND? It has only been losing me money.

So I've been indexing with maintenance of the following proportions: 60% VTI 30% VXUS 10% BND So 90% stock, 10% bond index portfolio. For last few years VTI and VXUS have been going fine, but BND is stagnating and even losing me money. Furthermore, bonds are in a bubble. So...any point even holding...
by GibsonL6s
Thu Apr 12, 2018 2:30 pm
Forum: Investing - Help with Personal Investments
Topic: Request help with 3-fund portfolio
Replies: 5
Views: 615

Re: Request help with 3-fund portfolio

FSTVX and ITOT have virtually the same returns since 2004, so I would pick one

FSITX and FBND differ, so they must track different indexes or hold different securities

FTIPX and IXUS seem highly correlated but FTIPX seems new but if they are a broad international one would be fine
by GibsonL6s
Thu Apr 12, 2018 11:35 am
Forum: Investing - Theory, News & General
Topic: Why not annuitize most of portfolio?
Replies: 104
Views: 9224

Re: Why not annuitize most of portfolio?

I would think the science of projecting the costs of the annuity portion of a insurance portfolio is much easier due to the fact you are projecting the average life expectancy as the key factor. Life companies have been doing this for decades and have tons of data. On the LTC side you need to projec...
by GibsonL6s
Wed Apr 11, 2018 1:26 pm
Forum: Investing - Help with Personal Investments
Topic: How can I Invest 4 million dollars to earn 120k (inflation adjusted) a year for life?
Replies: 93
Views: 18656

Re: How can I Invest 4 million dollars to earn 120k (inflation adjusted) a year for life?

Simple divide 4,000,000 by 120,000 you get 33.33 years. So if the portfolio earned a net zero return over 33.33 years you run out of money. Earn a negative return of 10% and the money is gone in 30 years. Who know the future?