Search found 837 matches

by DartThrower
Fri Oct 19, 2018 8:49 am
Forum: Investing - Theory, News & General
Topic: Are bonds the Maginot Line of Modern Investing?
Replies: 42
Views: 3657

Re: Are bonds the Maginot Line of Modern Investing?

Isn't it also true that we've never been in an economy where the Fed has had to unwind QE? As that happens what impact will that have on intermediate and long term rates? Right now the yield curve is pretty flat so perhaps short term bonds would be a good idea. By the way, kudos to Valuethinker for ...
by DartThrower
Wed Oct 17, 2018 5:47 pm
Forum: Personal Consumer Issues
Topic: Buyers commission on a condo purchase
Replies: 29
Views: 1754

Re: Buyers commission on a condo purchase

Talk about a fee I for one will never ever pay. The industry is moving toward rebates to buyers. I suppose it differs around the country. At least around these parts, it takes a special kind of cojones to not only *not* rebate but actually ask the buyer to pay the agent. Seems as backwards as you c...
by DartThrower
Wed Oct 17, 2018 9:53 am
Forum: Personal Consumer Issues
Topic: Buyers commission on a condo purchase
Replies: 29
Views: 1754

Re: Buyers commission on a condo purchase

Thanks for the replies. The only bid I put in was one which, if accepted would be such an excellent deal for me that the $400 commission won't matter much. Heads I win, tails I don't lose. Lesson learned.
by DartThrower
Mon Oct 15, 2018 1:38 pm
Forum: Personal Consumer Issues
Topic: Buyers commission on a condo purchase
Replies: 29
Views: 1754

Re: Buyers commission on a condo purchase

J295 wrote:
Mon Oct 15, 2018 10:42 am
Curious as to why you would go with another agent?
I get the feeling there are lots of other decent agents around who wouldn't charge the 400.
by DartThrower
Mon Oct 15, 2018 10:38 am
Forum: Personal Consumer Issues
Topic: Buyers commission on a condo purchase
Replies: 29
Views: 1754

Re: Buyers commission on a condo purchase

I've never heard of this in Chicago. I have several friends that are agents and have bought several properties myself. Is the purchase price very low? I could see adding on if you were buying a $75k condo or something as the percent commission would be very low. The ones I was looking at are in the...
by DartThrower
Mon Oct 15, 2018 10:11 am
Forum: Personal Consumer Issues
Topic: Buyers commission on a condo purchase
Replies: 29
Views: 1754

Re: Buyers commission on a condo purchase

Thanks for the replies. It looks like this topic has been discussed before: https://www.bogleheads.org/forum/viewtopic.php?t=189843 Sorry for not catching that. At this point I have only put in very conservative offers, which if accepted would be quite favorable to me in which case I wouldn't feel t...
by DartThrower
Sun Oct 14, 2018 3:15 pm
Forum: Personal Consumer Issues
Topic: Buyers commission on a condo purchase
Replies: 29
Views: 1754

Buyers commission on a condo purchase

I have a question for the real estate people. I have been looking to buy a condo recently and one agent gave me a statement of estimated closing costs for a unit I was interested in. On the statement it included an item for Commission Paid by Buyer: $400. I thought the seller typically paid all such...
by DartThrower
Sat Oct 13, 2018 8:14 am
Forum: Investing - Theory, News & General
Topic: Does international really buy you diversification?
Replies: 43
Views: 4487

Re: Does international really buy you diversification?

I see this as a recurring theme over tye past 20years or so - a fall in us stocks leads to a fall in European stocks the next day.if these walk so much hand under hand, are we really getting any diversification by investubg in international stocks? If international doesn't [/i] offer diversificatio...
by DartThrower
Thu Oct 11, 2018 3:51 pm
Forum: Investing - Theory, News & General
Topic: Short Term Bond yield over 3%
Replies: 74
Views: 10324

Re: Short Term Bond yield over 3%

I don't mind a loss in my short term bond portfolio at all. I consider it an "insurance premium" for protecting my overall portfolio in case of a large stock pullback. In addition I know that I will be holding onto the fund long enough for the higher yield to benefit me. So I say let the nickel and ...
by DartThrower
Thu Oct 11, 2018 3:14 pm
Forum: Investing - Theory, News & General
Topic: This Time is Different
Replies: 30
Views: 5403

Re: This Time is Different

Things can be both different, and the same, at the same time. We live in a new era with new technologies and new parameters for economic activity. We have a newish government with new policies. All kinds of features of our environment make today look so very different from 20 years ago. And yet the ...
by DartThrower
Tue Oct 09, 2018 1:35 pm
Forum: Investing - Theory, News & General
Topic: “It’s probably wise to sell to the sleeping point.” - Jack Bogle
Replies: 83
Views: 11561

Re: “It’s probably wise to sell to the sleeping point.” - Jack Bogle

With periodic rebalancing, you are buying into the teeth of a bear market. I plan to do just that. However, it is no guarantee against losses. In fact, you buy into losses. I wonder how many of us would be ready, willing, and able to keep buying all the way down if the stock market loses twenty, or...
by DartThrower
Wed Oct 03, 2018 2:20 pm
Forum: Investing - Theory, News & General
Topic: Did Jeff Bezos just pull a Henry Ford?
Replies: 32
Views: 2564

Re: Did Jeff Bezos just pull a Henry Ford?

Agree with the others that this is more about squeezing out the smaller competitors that don't have the wherewithal to pay this much and getting some of the politicians off their back (e.g. Bernie Sanders). There is nothing wrong with what they did and congrats to those employees who will be the re...
by DartThrower
Wed Oct 03, 2018 12:32 pm
Forum: Investing - Theory, News & General
Topic: [WSJ] The ‘Dumb’ Money Is Bailing on U.S. Stocks. That’s Smart.
Replies: 52
Views: 6617

Re: [WSJ] The ‘Dumb’ Money Is Bailing on U.S. Stocks. That’s Smart.

Invest using Vanguard Total World ETF (VT) and you won't have to micromanage your US/INT mood swings. Current US market allocation is 54.9%. +1 For me these U.S. vs International threads are pure entertainment now. Kick back with some popcorn. Waiting for the Jack and Warren "said so" comments to s...
by DartThrower
Wed Oct 03, 2018 7:23 am
Forum: Investing - Theory, News & General
Topic: Sears, a 125 year old company is now a penny stock.
Replies: 123
Views: 14533

Re: Sears, a 125 year old company is now a penny stock.

And here's a followup article on Sears. Each new article sounds more like an epitaph than an analysis. http://knowledge.wharton.upenn.edu/article/sears-restructuring/?utm_source=kw_newsletter&utm_medium=email&utm_campaign=2018-10-02 To make this actionable, what impact would this have on malls? Will...
by DartThrower
Mon Oct 01, 2018 7:26 am
Forum: Investing - Theory, News & General
Topic: Sears, a 125 year old company is now a penny stock.
Replies: 123
Views: 14533

Re: Sears, a 125 year old company is now a penny stock.

Even before the Internet, maybe early 80's (late 70's ? ) Sears management starting driving their stores into the ground. True of many retail companies, they cut wages and try to sell you cheap crap on every aisle. You can watch greed slowly destroy great companies. I have bought Kenmore and Crafts...
by DartThrower
Thu Sep 27, 2018 10:42 am
Forum: Investing - Theory, News & General
Topic: What is your overall portfolio weighted expense ratio
Replies: 237
Views: 23934

Re: What is your overall portfolio weighted expense ratio

Phineas J. Whoopee wrote:
Thu Sep 27, 2018 7:21 am
Down to four basis points now.

I won't bother to specify tenths of a basis point, that is, 1/1,000 of one percent.

PJW
One one-hundreth of a basis point has sometimes been referred to as a "Bogle Unit". :D
by DartThrower
Fri Sep 07, 2018 12:47 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Precious Metals and Mining Fund is changing
Replies: 83
Views: 11063

Re: Vanguard Precious Metals and Mining Fund is changing

I love Vanguard. However, when it comes to "staying the course", that is something they tell others to do, but do not follow themselves. I am still unhappy about the change to what used to be the Tax Managed International Fund. It is no longer tax managed, but I am locked in. Me too. The ordinary d...
by DartThrower
Mon Sep 03, 2018 6:33 pm
Forum: Investing - Theory, News & General
Topic: Tax Managed International
Replies: 32
Views: 3277

Re: Tax Managed International

John151 wrote:
Mon Sep 03, 2018 2:21 pm
I’ve thought about selling my shares, but that would cost me a substantial amount in capital gains taxes, so I feel trapped in a fund I didn’t want.
Same here.
by DartThrower
Mon Sep 03, 2018 5:32 am
Forum: Investing - Theory, News & General
Topic: Tax Managed International
Replies: 32
Views: 3277

Re: Tax Managed International

So here we are 4 years later. I am curious as to what people who owned Tax Managed International have done. As we know, international markets have not done particularly well over this time period so your gains may be muted. Were the dividends what you expected them to be? Was the overall performance...
by DartThrower
Fri Aug 24, 2018 2:00 pm
Forum: Personal Finance (Not Investing)
Topic: How do you keep your math skills sharp?
Replies: 40
Views: 2481

Re: How do you keep your math skills sharp?

You can check out the Kaggle competitions if you want to get into some messy real world datasets.

https://www.kaggle.com/competitions
by DartThrower
Fri Aug 24, 2018 1:24 pm
Forum: Personal Finance (Not Investing)
Topic: How do you keep your math skills sharp?
Replies: 40
Views: 2481

Re: How do you keep your math skills sharp?

I found tutoring college and advanced HS students to be enjoyable and a good way to get drill on the basics. You can also put a few bucks in your pocket as well.
by DartThrower
Fri Aug 24, 2018 12:51 pm
Forum: Personal Finance (Not Investing)
Topic: How do you keep your math skills sharp?
Replies: 40
Views: 2481

Re: How do you keep your math skills sharp?

MOOCs I once knew how to program proficiently in Matlab. 13 years into my career I completely forgot. I'm now halfway thru a Coursera Matlab course and by the end I'll know more than I did back in undergrad. I work in R&D so it's easy to motivate myself to stay sharp so I can keep up with my peers....
by DartThrower
Wed Aug 22, 2018 1:16 pm
Forum: Investing - Theory, News & General
Topic: My: the 10 commandments of retirement
Replies: 7
Views: 2779

Re: My: the 10 commandments of retirement

Another issue is there is not a competitive market for inflation adjusted annuities Why is this? Are these markets just not feasible? Robert Shiller has written much about products to mitigate financial risks that individuals face but nothing much ever comes out of it. https://press.princeton.edu/t...
by DartThrower
Tue Aug 21, 2018 5:35 am
Forum: Personal Consumer Issues
Topic: Second Career Abroad, Teaching ESL
Replies: 30
Views: 4129

Re: Second Career Abroad, Teaching ESL

- The better-paying places are tightening up their requirements and the level of information required to verify the requirements. For example, you may have to submit a FBI background check and get your college diploma certified by the state that granted it. It can take weeks to obtain the documents...
by DartThrower
Mon Aug 20, 2018 4:05 pm
Forum: Personal Consumer Issues
Topic: Second Career Abroad, Teaching ESL
Replies: 30
Views: 4129

Re: Second Career Abroad, Teaching ESL

I just wanted to update this thread. The following site has an interesting podcast on living abroad and teaching ESL. There are also lots of other entertaining and informative podcasts about living abroad inexpensively: https://www.thebudgetmindedtraveler.com/teaching-english-abroad/ She also recomm...
by DartThrower
Fri Aug 10, 2018 9:52 am
Forum: Investing - Theory, News & General
Topic: The Bigger Story: Fidelity Expense Ratios
Replies: 98
Views: 10719

Re: The Bigger Story: Fidelity Expense Ratios

Based on my portfolio and your table I would save about $250 on expenses alone by switching from VG to Fido. However there would be capital gains on the after tax piece that would swamp the savings. In addition I would have to get to know the Fidelity culture, which by the posts I see on this site i...
by DartThrower
Mon Aug 06, 2018 3:16 pm
Forum: Personal Consumer Issues
Topic: Your opinion on online courses?
Replies: 26
Views: 2266

Re: Your opinion on online courses?

I have taken a number of courses online for the purpose of continuing ed. About half of them were pretty good and half were sub-par. There is definitely a place for online education, and we're at a point where educators are experimenting with what is the best mix of in-person and online. I really ho...
by DartThrower
Mon Aug 06, 2018 9:46 am
Forum: Investing - Theory, News & General
Topic: Jamie Dimon: Higher rates are coming
Replies: 42
Views: 6773

Re: Jamie Dimon: Higher rates are coming

He may or may not be right about the level of future interest rates. That's the point. His proclamation provides no new information.
by DartThrower
Thu Aug 02, 2018 1:06 pm
Forum: Investing - Theory, News & General
Topic: Warren Buffett on buying & holding index funds
Replies: 11
Views: 2794

Re: Warren Buffett on buying & holding index funds

I am considerably better off financially because I listened to Buffett and Bogle, especially in 2008. When the politicians, bankers and the financial news outlets were in a panic, their calming words of wisdom were the true signal among the noise. There will be tough times ahead to be sure, but I kn...
by DartThrower
Tue Jul 31, 2018 3:06 pm
Forum: Investing - Theory, News & General
Topic: DOOM!!!!! Morgan Stanley warns
Replies: 41
Views: 4947

Re: DOOM!!!!! Morgan Stanley warns

It's alright. Just do whatever Kanye and Kim do. They can beat the market and look a lot better than me doing it. :?

https://www.cnbc.com/2018/07/28/kanye-w ... rcent.html
by DartThrower
Mon Jul 30, 2018 12:41 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Precious Metals and Mining Fund is changing
Replies: 83
Views: 11063

Re: Vanguard Precious Metals and Mining Fund is changing

I love Vanguard. However, when it comes to "staying the course", that is something they tell others to do, but do not follow themselves. I am still unhappy about the change to what used to be the Tax Managed International Fund. It is no longer tax managed, but I am locked in. Same here. That's frus...
by DartThrower
Wed Jul 25, 2018 8:53 am
Forum: Investing - Theory, News & General
Topic: Historical returns for Total Bond Market, Inflation and S&P 500 Index
Replies: 12
Views: 2183

Re: Historical returns for Total Bond Market, Inflation and S&P 500 Index

The S&P was up in 2012 by about 16% but the chart is showing it as negative?
by DartThrower
Thu Jul 19, 2018 9:09 am
Forum: Investing - Theory, News & General
Topic: The joys of investing
Replies: 23
Views: 2974

Re: The joys of investing

Knowing that I can't consistently beat the market gives me a sense of humility. And yet I've done quite well over the years despite making some mistakes. This gives me a sense of gratitude to Jack Bogle, the Bogleheads and many others as well. There are so many people in my life who are on my side (...
by DartThrower
Wed Jul 11, 2018 1:16 pm
Forum: Personal Consumer Issues
Topic: Anyone take naps at work?
Replies: 93
Views: 5983

Re: Anyone take naps at work?

Back in the days when I was exercising vigorously for competitions I used to nap in the afternoon the day after a hard workout despite trying hard not to. These days I don't work out nearly as often or as hard and I feel the need to nap much less. Most of the time I can fight it off and just plug al...
by DartThrower
Tue Jul 10, 2018 12:44 pm
Forum: Investing - Theory, News & General
Topic: Dow 40000 prediction for 2025
Replies: 44
Views: 4142

Re: Dow 40000 prediction for 2025

cfs wrote:
Tue Jul 10, 2018 12:35 pm
Houston we have a problem.

-- We have one thread telling us to get ready for a LOST decade.
-- We have this thread telling us to get ready for Dow 40k in seven years.

Which one is correct?

Gracias por leer ~cfs~
Awesome observation cfs. You nailed it! :sharebeer
by DartThrower
Fri Jul 06, 2018 12:51 pm
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 3761
Views: 1069447

Re: What Movie Have You Recently Watched?

"The Man Who Knew Infinity". I read the book 20 years ago and the movie was a great adaptation. I wonder what great contributions this man would have made had he only lived longer. Even my GF liked the movie and she hates math.
by DartThrower
Fri Jul 06, 2018 12:24 pm
Forum: Personal Consumer Issues
Topic: Tire experts? Can I trust a patched tire?
Replies: 47
Views: 4330

Re: Tire experts? Can I trust a patched tire?

I had a flat on New Year's eve 2017. Took my car to the Toyota dealer and the mechanic there patched it and told me everything was just fine. About a week later his boss called me and told me I needed new tires. It's 6 months later and the boss is still waiting for my return call. The tire hasn't lo...
by DartThrower
Fri Jul 06, 2018 6:33 am
Forum: Personal Consumer Issues
Topic: A few MOOC gripes
Replies: 7
Views: 1120

Re: A few MOOC gripes

Also btw, since this is an investing forum, at some level we should all be a bit appreciative of that to a certain extent. For the for-profit companies, those in charge and making the rules about "closing windows", etc. are legally obligated to do what's in our interest as investors.... (Just sayin...
by DartThrower
Thu Jul 05, 2018 3:38 pm
Forum: Personal Consumer Issues
Topic: A few MOOC gripes
Replies: 7
Views: 1120

Re: A few MOOC gripes

Thanks for the replies. I don't believe the auditing option was available for the Coursera course, but in future I will be sure to try that approach first when available.

As far as the Microsoft sponsored courses go on edX I think I will just stay away.
by DartThrower
Thu Jul 05, 2018 1:03 pm
Forum: Personal Consumer Issues
Topic: A few MOOC gripes
Replies: 7
Views: 1120

A few MOOC gripes

I have taken about 15 MOOC courses mostly through Coursera as well as a few through edX. Out of those 15 I have completed about 10. Usually it's my busy schedule that keeps me from completing a course. Recently I signed up for the 7 day free trial to take a course on Coursera that I only had a mild ...
by DartThrower
Thu Jul 05, 2018 12:14 pm
Forum: Investing - Theory, News & General
Topic: Vanguard - What will the real return be for stocks and bonds over the next ten years?
Replies: 46
Views: 5417

Re: Vanguard - What will the real return be for stocks and bonds over the next ten years?

tc101 wrote:
Thu Jul 05, 2018 11:58 am
I am in withdrawal phase. Even a 3% real return makes a 4% withdrawal very safe.
The 3 - 5% rate mentioned by the OP is nominal. Is your 4% nominal or real? If inflation is 2% then a 3% actual real return over the next 10 years translates into the top end of the nominal range.
by DartThrower
Fri Jun 29, 2018 10:16 am
Forum: Investing - Theory, News & General
Topic: "How to invest without regret" - Daniel Kahneman
Replies: 20
Views: 2920

Re: "How to invest without regret" - Daniel Kahneman

I see my stocks and bonds as an integrated whole. No need for mental accounting of any kind ever. Mental accounting makes one prone to rationalizing poor investment decisions. For instance one might be tempted to run up credit card debt because "at least my bond portfolio is safe".

YMMV.
by DartThrower
Wed Jun 27, 2018 8:53 am
Forum: Investing - Theory, News & General
Topic: Are we just way over complicating this?
Replies: 113
Views: 7835

Re: Are we just way over complicating this?

The Boglehead philosophy is a fairly holistic one. It addresses both investing and other important areas like living within one's means. The easy thing to do is think about the perfect combination of investments that will put us on a path to achieving wealth via return on (often passive) investment....
by DartThrower
Fri May 04, 2018 10:38 am
Forum: Personal Consumer Issues
Topic: Anyone feel like talking "R"
Replies: 50
Views: 13146

Re: Anyone feel like talking "R"

Dplyr and lubridate are part of Hadley Wickham Tidyverse. It is almost better to learn the entire paradigm rather than piece by piece. This way, the ways in which it takes over Base R becomes clearer. The best book is available online here: http://r4ds.had.co.nz/ As someone who uses Python and R ev...
by DartThrower
Fri May 04, 2018 10:11 am
Forum: Investing - Theory, News & General
Topic: Retirees Never Had It Better
Replies: 31
Views: 5349

Re: Retirees Never Had It Better

The answer is simple. Rename the article to "Rich Retirees Never Had it Better".
by DartThrower
Thu Mar 29, 2018 4:05 pm
Forum: Personal Consumer Issues
Topic: Anyone feel like talking "R"
Replies: 50
Views: 13146

Re: Anyone feel like talking "R"

Has anyone else here on Bogleheads started learning R or Python since this thread was last active? I continue to plug away with R and I'm very much enjoying the experience of learning something new. I have been working my way though the R classes at edx.org / HarvedX. They are o.k. My one comment i...
by DartThrower
Thu Mar 29, 2018 1:42 pm
Forum: Personal Consumer Issues
Topic: Anyone feel like talking "R"
Replies: 50
Views: 13146

Re: Anyone feel like talking "R"

I just thought I would revisit this topic if anyone is interested in discussing. After learning the basics of the language I'm still unsure how to tell which packages are good and which should be avoided. With SAS you can be pretty confident in any procedure. You just have to know which procedure wi...
by DartThrower
Wed Mar 28, 2018 4:21 pm
Forum: Investing - Theory, News & General
Topic: Should I be worried about the S&P Index fund ?
Replies: 51
Views: 6876

Re: Should I be worried about the S&P Index fund ?

Vanguard's TSM index (VTSAX) fund only has 18% of assets in its top 10 holdings, including those you mentioned (except for Netflix which is farther down on the list). Also, as others have mentioned, have some international and a little tilt to mid cap and small cap if you like. But keeping costs low...
by DartThrower
Fri Mar 09, 2018 10:41 am
Forum: Investing - Theory, News & General
Topic: 2018 BOGLEHEADS CONFERENCE UPDATE 9-3-18
Replies: 116
Views: 29588

Re: 2018 BOGLEHEADS CONFERENCE ANNOUNCEMENT

Having been able to attend in 2016 and 2017, we would love to join you again this year; however, we decided after last year’s conference we would sit out this year so some other newbies could attend. It was truly an eye opening and life changing event for us and we hope whoever takes our places thi...