Search found 25 matches

by Red Spot
Tue Mar 24, 2020 5:44 pm
Forum: Investing - Theory, News & General
Topic: Todays +10 percent gain from QE?
Replies: 52
Views: 3790

Re: Todays +10 percent gain from QE?

I am very grateful to all those staying the curse as otherwise things could be much worse
by Red Spot
Wed Jan 29, 2020 5:15 pm
Forum: Personal Finance (Not Investing)
Topic: Why do so many people quote "You will likely be in a lower tax bracket in retirement"
Replies: 756
Views: 65148

Re: Why do so many people quote "You will likely be in a lower tax bracket in retirement"

mptfan wrote:
Wed Jan 29, 2020 3:18 pm
Thegame14 wrote:
Wed Jan 29, 2020 3:12 pm
That MAY be possible but that is not the answer for the average person...
Don't you mean median person?
:D
The median person is like a virtual particle
At any instant where the population is even the median person suddenly disappears
by Red Spot
Tue Nov 26, 2019 10:30 pm
Forum: Personal Consumer Issues
Topic: Found hidden safe, should we crack?
Replies: 303
Views: 88065

Re: Found hidden safe, should we crack?

Probably Schrödinger’s Safe
by Red Spot
Sat Aug 03, 2019 12:25 am
Forum: Non-US Investing
Topic: US investor buying house in London: sell stock and use cash or get mortgage?
Replies: 29
Views: 1950

Re: US investor buying house in London: sell stock and use cash or get mortgage?

If the US citizen has not previously lived in the UK then on arrival their credit rating will be exactly zero. The same may apply to the dual citizen depending on how long they have been absent. Obtaining a mortgage in the UK may be difficult if not impossible as UK financial institutions are prone ...
by Red Spot
Mon Jul 01, 2019 1:33 am
Forum: Personal Consumer Issues
Topic: My 2017 CRV is a victim of the dreaded oil gas-dilution issue
Replies: 1165
Views: 184908

Re: My 2017 CRV is a victim of the dreaded oil gas-dilution issue

The fact is that Honda itself has identified abnormal cam and rocker arm wear as a potential issue with the 1.5T engine. If that weren't the case and there weren't actual cases where this has occurred they wouldn't have issued a TSB and a warranty extension. I'd take that is the best evidence and n...
by Red Spot
Tue May 21, 2019 9:29 pm
Forum: Investing - Theory, News & General
Topic: Delaying social security = harming nest egg?
Replies: 74
Views: 6837

Re: Delaying social security = harming nest egg?

The conventional wisdom, often discussed among BHs as well as in the general press, is that it’s best to delay taking social security until age 70 if you can, because of the guaranteed yearly 8% increase in benefits for each year you delay. 8% per year guaranteed return is better than many/most oth...
by Red Spot
Wed May 15, 2019 10:06 am
Forum: Personal Consumer Issues
Topic: Best month to visit London?
Replies: 40
Views: 3462

Re: Best month to visit London?

Hi, I was reading a very informative thread on 'neighborhood recommendations' in London on this site from December 2018, as the OP was planning a trip this June. I was wondering if there were a 'best' and 'worst' month in which to plan a visit to London for a first-time traveler from the USA. I'm t...
by Red Spot
Tue May 07, 2019 12:33 am
Forum: Investing - Theory, News & General
Topic: Visualizing the devastating impact of fees
Replies: 72
Views: 12116

Re: Visualizing the devastating impact of fees

I have been experimenting with ways to better help visualize the real impact of costs over an investors lifetime. For example the chart in this frequently linked vanguard article has compelling data, but I believe the same information might be presented in an easier to understand way. Here is one a...
by Red Spot
Thu Apr 04, 2019 4:34 pm
Forum: Investing - Theory, News & General
Topic: Why take the risk with equities?
Replies: 122
Views: 9086

Re: Why take the risk with equities?

A little off subject, would you take one of these new DNA tests that tells you your biological age as compared to your chronological age before buying a SPIA? Recent interview about this subject with Dr. Moshe Milevsky is at ThinkAdvisor. https://www.thinkadvisor.com/2019/03/22/moshe-milevsky-are-y...
by Red Spot
Wed Apr 03, 2019 3:07 pm
Forum: Investing - Theory, News & General
Topic: Reasonable timeframe to 'average in' to index funds?
Replies: 45
Views: 3867

Re: Reasonable timeframe to 'average in' to index funds?

However, now the mystery is why anyone would think DCA would be a good idea. The only reason that makes any sense is that if the market falls while in the process of DCA one can avoid the irrational regret one would have had had one invested everything at the beginning. I guess the question to ask ...
by Red Spot
Fri Mar 29, 2019 7:46 pm
Forum: Personal Finance (Not Investing)
Topic: When to take social security for maximum inheritance?
Replies: 31
Views: 3109

Re: When to take social security for maximum inheritance?

When to take social security has been discussed many times. Basically, if you need it, take it early. Otherwise delay it for longevity insurance. Suppose that my portfolio is more than enough for my retirement (without social security) and I expect to have some leftover, but not a lot, e.g., 5 year...
by Red Spot
Mon Mar 25, 2019 1:09 am
Forum: Personal Investments
Topic: Role of Pensions and Social Security in Asset Allocation
Replies: 147
Views: 7708

Re: Role of Pensions and Social Security in Asset Allocation

Would you care to prove this negative? "can begin and end with the observation that they aren't marketable financial assets." I'm not sure what burden of proof you are actually seeking, but if we can stipulate that Investopedia uses "marketable security" in a more-or-less consensus manner then the ...
by Red Spot
Sun Mar 24, 2019 1:17 pm
Forum: Personal Investments
Topic: Role of Pensions and Social Security in Asset Allocation
Replies: 147
Views: 7708

Re: Role of Pensions and Social Security in Asset Allocation

Hello Bogleheads, I am curious for others’ thoughts on how to best factor pensions, annuities, and/or Social Security into one’s asset allocation. I am aware of two general schools of thought: (1) a pension should be counted as an offset of expenses; (2) the net present value (NPV) of the pension s...
by Red Spot
Sun Mar 24, 2019 12:42 pm
Forum: Personal Investments
Topic: Role of Pensions and Social Security in Asset Allocation
Replies: 147
Views: 7708

Re: Role of Pensions and Social Security in Asset Allocation

First, it's simply not true that pension cash flows "aren't financial assets." To the extent the assertion here is that the present value of future cash flows cannot be assigned a current cash value, this is wrong. Even a cursory Google search reveals a variety of sites offering to purchase your pe...
by Red Spot
Sat Mar 23, 2019 7:56 pm
Forum: Personal Investments
Topic: Role of Pensions and Social Security in Asset Allocation
Replies: 147
Views: 7708

Re: Role of Pensions and Social Security in Asset Allocation

I think what vineviz is trying to say is if you have 500k in cash you have a financial asset. If however you buy an annuity with it you now have zero financial assets. Simple really Help me out here: If I have a series of zero coupon laddered so that one matures every month, I do have a financial a...
by Red Spot
Sat Mar 23, 2019 7:44 pm
Forum: Personal Investments
Topic: Role of Pensions and Social Security in Asset Allocation
Replies: 147
Views: 7708

Re: Role of Pensions and Social Security in Asset Allocation

I think what vineviz is trying to say is if you have 500k in cash you have a financial asset. If however you buy an annuity with it you now have zero financial assets. Simple really Help me out here: If I have a series of zero coupon laddered so that one matures every month, I do have a financial a...
by Red Spot
Sat Mar 23, 2019 4:05 pm
Forum: Investing - Theory, News & General
Topic: "Lies, Damned Lies, and Statistics."
Replies: 131
Views: 12925

Re: "Lies, Damned Lies, and Statistics."

i imagine you would take a look at the kinds of securities you'd like to invest in, government bond, corporate bond, public stock, etc., and figure out using your investing goals and the fundamentals of the security which best suits your needs. then you pays your money and you takes your choice. pr...
by Red Spot
Sat Mar 23, 2019 3:50 pm
Forum: Personal Investments
Topic: Role of Pensions and Social Security in Asset Allocation
Replies: 147
Views: 7708

Re: Role of Pensions and Social Security in Asset Allocation

A pension with a naively calculated NPV of $500k is less valuable than $500k in cash. Well, the naively calculated pension naively assumes that its beneficiary dies on the assumed day. There is risk also in the cash position, since he may live a lot longer than that. Apples and oranges. The value o...
by Red Spot
Thu Mar 21, 2019 10:28 pm
Forum: Investing - Theory, News & General
Topic: "Lies, Damned Lies, and Statistics."
Replies: 131
Views: 12925

Re: "Lies, Damned Lies, and Statistics."

Thank you for your response. You've actually made my point very well. You basically just 'winged it', and things worked out. I'm very glad that it did, I really am. But I am less willing to just keep my fingers crossed that whatever I'm doing is appropriate or sufficient. Maybe I'm just fooling mys...
by Red Spot
Sat Feb 02, 2019 1:44 pm
Forum: Personal Investments
Topic: Investment experts predict that US equity will return -4.1% to 2.6% over the next decade. Time to get out of US equity?
Replies: 75
Views: 8672

Re: Investment experts predict that US equity will return -4.1% to 2.6% over the next decade. Time to get out of US equi

No because they don't have the ability to accurately predict future returns. If they said -10 to +15 I might say sure, almost certain to fall in that range. P, E, M, V, and GDP are all subject to change constantly also. If you were employing any of these experts to manage your portfolio why would y...
by Red Spot
Fri Jan 04, 2019 7:38 pm
Forum: Personal Consumer Issues
Topic: My 2017 CRV is a victim of the dreaded oil gas-dilution issue
Replies: 1165
Views: 184908

Re: My 2017 CRV is a victim of the dreaded oil gas-dilution issue

TSB 18-114 description of problem: Under certain circumstances, the vehicle may experience driveability concerns, which may result in DTC's P0300(Random Misfire Detected), P0301 (No. 1 Cylinder Misfire Detected), P0302 (No. 2 Cylinder Misfire Detected), P0303(No. 3 Cylinder Misfire Detected), P0304...
by Red Spot
Tue Dec 11, 2018 7:03 pm
Forum: Personal Finance (Not Investing)
Topic: What percentage of your net worth is your home equity?
Replies: 309
Views: 24736

Re: What percentage of your net worth is your home equity?

OP, I do not count my house as part of my net worth. If someone is counting the house as part of their net worth, they had bought too much house. KlangFool Apparently we have bought too much house - at 30% of our net worth. However as our budget is only just over 50% of our combined income from pen...
by Red Spot
Mon Oct 22, 2018 10:01 pm
Forum: Personal Investments
Topic: Timing the market - Some say it’s possible?
Replies: 44
Views: 2978

Re: Timing the market - Some say it’s possible?

jalbert wrote:
Mon Oct 22, 2018 9:54 pm
Red Spot wrote:
Mon Oct 22, 2018 9:53 pm
The DJIA declined today - due to profit taking
How does anyone know that was the root cause?
I don't think they do - but it is a pundit's favourite
by Red Spot
Mon Oct 22, 2018 9:53 pm
Forum: Personal Investments
Topic: Timing the market - Some say it’s possible?
Replies: 44
Views: 2978

Re: Timing the market - Some say it’s possible?

The DJIA declined today - due to profit taking
by Red Spot
Tue Feb 13, 2018 6:22 pm
Forum: Personal Investments
Topic: Are these fees for real?
Replies: 25
Views: 3294

Re: Are these fees for real?

Maybe there is a less sophisticated way to assess the cost of investing. I like to use a thought experiment where all investment costs and eventually taxes are deferred until that day when you are ready to deplete the account Using a prior example of a $100,000 lump sum invested for 25 years with a ...