Search found 697 matches

by Jacobkg
Sun Nov 25, 2018 12:58 am
Forum: Investing - Theory, News & General
Topic: You’re Not As Rich As You Think You Are, And That’s Okay
Replies: 20
Views: 6170

Re: You’re Not As Rich As You Think You Are, And That’s Okay

My reading is that while in theory stocks are liquid, if you actually sold them all that would be market timing so you can’t really realize the full value of your equity at any time. So if the market is going to go down next year you are going to have to go down with it.
by Jacobkg
Fri Sep 21, 2018 2:52 am
Forum: Personal Consumer Issues
Topic: Recommend a To-do app please.
Replies: 33
Views: 4120

Re: Recommend a To-do app please.

You should try www.workflowy.com. It is free or paid depending on your usage but hits the other items on your list very strongly.
by Jacobkg
Thu Sep 20, 2018 3:42 am
Forum: Investing - Theory, News & General
Topic: Bond Funds vs. Individual Bonds: Can someone quanitfy?
Replies: 31
Views: 2116

Re: Bond Funds vs. Individual Bonds: Can someone quanitfy?

To be clear you want to compare:

i) Buying a 10 year bond and holding to maturity

ii) Buying a bond fund and holding it for 10 years?

If so i can make you a graph
by Jacobkg
Thu Sep 20, 2018 1:53 am
Forum: Investing - Theory, News & General
Topic: How likely is it for a corporate bond rated BAA3/BBB to fail?
Replies: 16
Views: 1634

Re: How likely is it for a corporate bond rated BAA3/BBB to fail?

Risks that can be diversified away are not generally compensated for by the market. It may be profitable to invest in this bond on average. However you don’t get the average if you buy just this bond. You either get your money plus 4.5% or nothing. That is a gigantic variance in outcome (variance = ...
by Jacobkg
Thu Sep 20, 2018 1:19 am
Forum: Investing - Theory, News & General
Topic: Age in Bonds - Still Recommended?
Replies: 152
Views: 12651

Re: Age in Bonds - Still Recommended?

I do remember threads from a few years ago where folks were commenting that target retirement glide paths were too aggressive in stocks and recommending to pick the target fund based on allocation rather than year.
by Jacobkg
Sat Sep 15, 2018 12:04 am
Forum: Investing - Theory, News & General
Topic: Age in Bonds - Still Recommended?
Replies: 152
Views: 12651

Re: Age in Bonds - Still Recommended?

Thanks to everyone who responded. It seems that the feeling in this thread is that someone in their thirties should not have >30% bonds. It’s certainly tempting to consider increasing stock allocation with the current bulk market though I would be concerned about performance chasing. Maybe what I wi...
by Jacobkg
Fri Sep 14, 2018 9:32 am
Forum: Investing - Theory, News & General
Topic: Age in Bonds - Still Recommended?
Replies: 152
Views: 12651

Age in Bonds - Still Recommended?

I started reading Bogleheads in 2007 and have been following on and off since. Early in that process I decided on my Asset Allocation, which includes the decision to implement the “your age in bonds” rule. I have been dutifully increasing my target bond allocation by 1% for the last decade (I’m now ...
by Jacobkg
Thu Aug 09, 2018 7:45 pm
Forum: Investing - Theory, News & General
Topic: (NEW) WisdomTree 90/60 U.S. Balanced Fund
Replies: 218
Views: 18909

Re: (NEW) WisdomTree 90/60 U.S. Balanced Fund

Here is my question:

Is this fund getting any interest payouts for its bond exposure? Or in other words, is it tracking the price of bonds excluding coupons or is it tracking the total return of bonds including coupons.
by Jacobkg
Wed Apr 18, 2018 1:23 am
Forum: Personal Finance (Not Investing)
Topic: Got hit with a $2800 Medical bill. Can I negotiate?
Replies: 187
Views: 14490

Re: Got hit with a $2800 Medical bill. Can I negotiate?

I absolutely understand feeling shocked by the size of the bill and not wanting to pay all of it, but if an unexpected $2800 expense really throws your whole financial situation out of whack it may be time to take a step back and look at the whole picture. Did you have an Emergency Fund? How much of...
by Jacobkg
Fri Apr 13, 2018 11:21 am
Forum: Personal Finance (Not Investing)
Topic: Unaffordable prescription drug
Replies: 42
Views: 4950

Re: Unaffordable prescription drug

You mentioned that your insurance won't cover the drug "understandably". I don't think it is obvious they wouldn't cover it. If there is no generic alternative and this medication is required to treat a serious condition diagnosed by a medical professional then I don't see why insurance can just ref...
by Jacobkg
Mon Feb 05, 2018 5:35 pm
Forum: Investing - Theory, News & General
Topic: RBD alert [Really Bad Day]
Replies: 86
Views: 12014

Re: RBD alert [Really Bad Day]

Can someone remind me what course of action is recommended by the proponents of the RBD philosophy?
by Jacobkg
Fri Jan 12, 2018 11:03 am
Forum: Personal Finance (Not Investing)
Topic: Bank offering 0.25% off mortgage interest for asset transfer
Replies: 24
Views: 2809

Re: Bank offering 0.25% off mortgage interest for asset transfer

There was a similar deal with Chase where you could save .25% off mortgage rate by transferring assets to JP Morgan. I moved my funds over from Vanguard "in-kind". It cost nothing and took about a week. My loan closed and I indeed got the .25% rate discount. Could I have gotten a lower rate outside ...
by Jacobkg
Wed Aug 02, 2017 12:30 am
Forum: Investing - Theory, News & General
Topic: A Google Maps Metaphor for Stock Prices
Replies: 0
Views: 655

A Google Maps Metaphor for Stock Prices

Google Maps turn by turn directions include an "arrival time". When I get stuck in really slow traffic I always assume that the arrival time will get later because I am going so slow. But it usually doesn't. Likewise when I am zooming along the highway I expect the arrival time to get earlier. This ...
by Jacobkg
Wed Aug 02, 2017 12:18 am
Forum: Personal Finance (Not Investing)
Topic: Credit Card that lists running balance online
Replies: 17
Views: 3529

Re: Credit Card that lists running balance online

I know exactly what you mean! The only bank I know that does this is Bank of America. They kept a running balance which was great for when I used to enter all my transactions into a spreadsheet (I could tell easily if I had skipped one) To the best of my knowledge neither Citi nor Chase nor American...
by Jacobkg
Tue Jan 21, 2014 6:19 pm
Forum: Personal Investments
Topic: Where to park money for next year's roth?
Replies: 27
Views: 2230

Re: Where to park money for next year's roth?

Perhaps you would simplify your life if instead of saving for next year right now, you just waited until next year and then started contributing throughout the year (at the times where you would have been saving for 2016). You don't have to make your entire contribution at once, you can do it in inc...
by Jacobkg
Wed Jan 15, 2014 11:40 pm
Forum: Investing - Theory, News & General
Topic: Help me understand why tax-advantaged is a lot better
Replies: 63
Views: 6405

Re: Help me understand why tax-advantaged is a lot better

Also don't discount the fact that with tax deferred accounts you can rebalance pretty much as often as you want without paying any taxes. This can add up to a significant amount over many years.
by Jacobkg
Tue Jan 07, 2014 6:35 pm
Forum: Investing - Theory, News & General
Topic: 100% Stock Portfolio in Small Cap Value??
Replies: 42
Views: 10164

Re: 100% Stock Portfolio in Small Cap Value??

I would have a hard time arguing for being in 100% stocks, but not in 100% Small cap value. I feel that any argument I used for one side could be equally used on the other side. But then, I'm not in 100% stocks.
by Jacobkg
Tue Jan 07, 2014 4:36 pm
Forum: Investing - Theory, News & General
Topic: Best choice for 100% Stocks?
Replies: 48
Views: 6843

Best choice for 100% Stocks?

There have been several threads recently promoting a 100% stock allocation. This leads to, I think, an important followup question. How should one allocate a 100% Stocks portfolio? I can think of a few options. i) 100% Total Stock Market - The simplest option. Bogle approved! (except for the whole n...
by Jacobkg
Mon Jun 03, 2013 6:32 pm
Forum: Personal Investments
Topic: Time to look at a VIX ETF?
Replies: 20
Views: 2340

Re: Time to look at a VIX ETF?

These "investments" are specifically designed to be held for LESS THAN ONE DAY. I remember when I first heard about the 2X S&P ETF. It sounded like a dream come true. If the S&P gets 8% in the long run, then getting double must be even better, right? I asked my father what he thought and he asked me...
by Jacobkg
Sun Apr 08, 2012 5:20 pm
Forum: Personal Consumer Issues
Topic: just cannot justify new car
Replies: 170
Views: 15007

Re: just cannot justify new car

Electronic Stability Control SAVES LIVES:

http://news.consumerreports.org/cars/20 ... l-101.html

According to some studies you are FIFTY PERCENT less likely to have a fatal accident with EST.
by Jacobkg
Wed Apr 04, 2012 1:14 am
Forum: Personal Finance (Not Investing)
Topic: High dividend stocks
Replies: 18
Views: 1718

Re: High dividend stocks

A couple articles by Boglehead expert Larry Swedroe for your reading pleasure: The dangers of dividend-paying stocks http://www.cbsnews.com/8301-500395_162-57383053/the-dangers-of-dividend-paying-stocks/ Why a High Dividen Stock Strategy Isn't a Good Approach http://www.cbsnews.com/8301-505123_162-3...
by Jacobkg
Sat Mar 31, 2012 2:04 pm
Forum: Investing - Theory, News & General
Topic: How Friends Help Friends Become Indexers
Replies: 22
Views: 2690

Re: How Friends Help Friends Become Indexers

If friends don't know anything about investing and haven't started yet, I'll explain to them about index funds if the topic of investing is raised. I find that with things like this, people often stick with whatever they hear about first. So telling them about indexing may inoculate them against act...
by Jacobkg
Sat Mar 31, 2012 1:58 pm
Forum: Personal Investments
Topic: Just how important are Expense Ratios?
Replies: 33
Views: 2763

Re: Just how important are Expense Ratios?

There are factors which affect your return other than expense ratio. For example, index funds usually loan shares to short sellers to make additional money. Vanguard puts this money back into the fund. Does Fidelity?
by Jacobkg
Wed Mar 28, 2012 12:48 pm
Forum: Personal Investments
Topic: Is it better to wait for a red day to buy more Roth shares?
Replies: 14
Views: 1316

Re: Is it better to wait for a red day to buy more Roth shar

It will definitely FEEL better. Unless the market drops again the next day. For every time that you wait for a dip and succeed, there is another time where you wait for a dip and the market rises 10% first. What is certainly true is that if you pick a day and it turns out to be bad, you will feel wo...
by Jacobkg
Wed Mar 28, 2012 12:44 pm
Forum: Personal Investments
Topic: What are the pros and cons on idex funds today?
Replies: 13
Views: 1712

Re: What are the pros and cons on idex funds today?

From what I remember about Rick's research into active mutual funds, if you pick a reasonable one you have at least a 1/3 chance of outperforming a relevant index fund. This probably is higher over the shorter term and maybe a little lower over the long term. For a period of a year or two, there is ...
by Jacobkg
Wed Mar 28, 2012 12:39 pm
Forum: Personal Finance (Not Investing)
Topic: Over $95 million in Roth IRA. Bodes ill for the little guy?
Replies: 20
Views: 4384

Re: Over $95 million in Roth IRA. Bodes ill for the little

I thought it was explicitly forbidden to transfer assets into a Roth. How was this even possible?
by Jacobkg
Sun Mar 25, 2012 2:14 pm
Forum: Personal Investments
Topic: Bond timing a no-no now?
Replies: 13
Views: 2549

Re: Bond timing a no-no now?

Other people selling from a fund you own will only lock in their own losses not yours. Think about it this way, imagine the fund owns one bond per share. When people sell their shares, the fund sells the bonds associated with those shares. The bonds associated with your shares remain unsold, and thu...
by Jacobkg
Sat Mar 03, 2012 9:55 pm
Forum: Investing - Theory, News & General
Topic: Margin Investing for profit?
Replies: 16
Views: 1425

Re: Margin Investing for profit?

1) Using 5-10% of your portfolio to invest in individual stocks is just a means for trying to keep yourself from gambling with a larger part of your portfolio. I don't recommend it as a practice. If you want to gamble, take a few hundred dollars to Vegas. It's much more fun per dollar. 2) Most Bogle...
by Jacobkg
Sat Jan 21, 2012 12:39 am
Forum: Personal Finance (Not Investing)
Topic: Vanguard Intermediate Treasury Tax Questions
Replies: 1
Views: 411

Vanguard Intermediate Treasury Tax Questions

Two questions about the Vanguard intermediate treasury bond fund. 1) Anyone know why I got a 1099-DIV instead of a 1099-INT for this fund? I guess Vanguard considers it non-qualified dividends instead of interest? 2) Do the dividends from this fund count as exempt from state income taxes? Thanks, Ja...
by Jacobkg
Fri Jan 06, 2012 12:12 am
Forum: Investing - Theory, News & General
Topic: Adjustable Rate Mortgages--good or bad?
Replies: 36
Views: 3660

Re: Adjustable Rate Mortgages--good or bad?

This is a good article on the topic from my favorite finance blog:

http://badmoneyadvice.com/2009/12/the-t ... tgage.html
by Jacobkg
Sun Jan 01, 2012 9:36 pm
Forum: Personal Consumer Issues
Topic: How Do I Start a Blog/Website?
Replies: 13
Views: 1624

Re: How Do I Start a Blog/Website?

You could try:

www.wordpress.com

(as opposed to wordpress.org).
by Jacobkg
Sun Nov 13, 2011 12:19 pm
Forum: Personal Investments
Topic: Arbitraging the 0% balance transfer mrkt with p2p lending
Replies: 17
Views: 1674

Re: Arbitraging the 0% balance transfer mrkt with p2p lendin

You mentioned that you have a bunch of cash available. If that's the case, why not just put that cash in Lending club and avoid the complication of balance transfers. It seems to me that you're adding risk without getting any additional reward. Compare these two scenarios: A) You have $50,000 in cas...
by Jacobkg
Fri Oct 21, 2011 9:09 pm
Forum: Personal Consumer Issues
Topic: Favorite comic strips
Replies: 50
Views: 4383

Re: Favorite comic strips

In my mind, Calvin and Hobbes stands on a pillar above all other newspaper print comics. Especially if you consider how Bill Waterson reinvigorated the Sunday strip concept by innovating new ways to lay out the comic instead of standard panels. I now mostly read online comics. My consistent favorite...
by Jacobkg
Fri Oct 21, 2011 9:00 pm
Forum: Personal Consumer Issues
Topic: Margin Call, the Movie
Replies: 29
Views: 3599

Re: Margin Call, the Movie

Looks really promising.

Unfortunately it's a limited release and not playing within 40 miles of me.

I hope it's popular and gets put in more theaters.
by Jacobkg
Fri Sep 30, 2011 11:55 pm
Forum: Investing - Theory, News & General
Topic: Small-cap tilt, 1925-2004: good enough to make you switch?
Replies: 57
Views: 12457

I think my first question would be: how many other funds exist in the universe from which this fund came from? If there were 100,000 say, then you might expect some really good performers even if they behaved randomly. If funds A and B are the only two funds in the universe, that changes the calcula...
by Jacobkg
Wed Sep 28, 2011 1:47 pm
Forum: Investing - Theory, News & General
Topic: Vanguard's Market Timing Went Horribly Wrong
Replies: 86
Views: 10019

I also recently changed my asset allocation from 20% international to 30%. It does feel a bit like performance chasing but it was a long term decision and I think that it was still the right move for diversification reasons.
by Jacobkg
Wed Sep 28, 2011 1:41 pm
Forum: Investing - Theory, News & General
Topic: No alarm by Bogleheads over Grecian debt crisis?
Replies: 62
Views: 6843

I'm definitely worried about what's going on in Europe. What I'm not doing is changing my investment plan in response to this worry.
by Jacobkg
Wed Sep 21, 2011 2:44 pm
Forum: Personal Finance (Not Investing)
Topic: Is getting Life insurance for a child a good idea?
Replies: 110
Views: 7493

I think this would fall under the auspices of an emergency fund. There are a number of different calamities that could befall you that would set you back an amount in the range of $10000-20000. Instead of trying to insure against all of them (for one thing, you probably can't), I would recommend ins...
by Jacobkg
Tue Sep 20, 2011 1:38 am
Forum: Personal Consumer Issues
Topic: The movie Drive
Replies: 7
Views: 1416

Saw it; loved it.

Agree completely with you that the style of the film was incredible.

Will probably see it again.

How can you not love a film where Albert Brooks plays a villain.
by Jacobkg
Mon Sep 19, 2011 6:17 pm
Forum: Investing - Theory, News & General
Topic: Survivorship Bias
Replies: 34
Views: 3705

Here's an example of survivorship bias at work: Proposed inestment strategy: When I look at the list of stocks that have increased their dividend every year for the past 25 years, I see a list that has outperformed the overall market. Therefore, I will invest in all the stocks on that list (Companie...
by Jacobkg
Sun Sep 11, 2011 12:41 pm
Forum: Investing - Theory, News & General
Topic: My adventures in inefficient markets
Replies: 37
Views: 4256

Fascinating. I'm ever so curious what kind of strategies you are talking about. Any chance you could share an example; maybe one of the ones from back in 2005 that doesn't work anymore?
by Jacobkg
Fri Sep 02, 2011 3:04 pm
Forum: Personal Investments
Topic: who is buying stocks today after sobering jobs report?
Replies: 58
Views: 7908

It's certainly not as good a time to buy now as it was 3-4 weeks ago. If your market timing scheme has you buying today maybe you need a new one (I recommend buy, hold, and rebalance).
by Jacobkg
Thu Sep 01, 2011 8:05 pm
Forum: Non-US Investing
Topic: Canadian Couch Potato Interview
Replies: 8
Views: 2298

Nice interview, I look forward to part 2.
by Jacobkg
Sat Aug 27, 2011 1:48 am
Forum: Investing - Theory, News & General
Topic: Buffett in favor of Graham and Dodd type active management
Replies: 26
Views: 3550

Are any investors that Buffett mentioned in his speech still around and taking new money? If not, how would one go around finding the appropriate vehicle for the Graham/Dodd value investing style?
by Jacobkg
Wed Aug 24, 2011 3:18 pm
Forum: Personal Investments
Topic: What should I look for in a stock?
Replies: 49
Views: 4578

Re: Moo

In response to Jacob's questions: 1. I'll need $17.5k gross my first year of retirement. 2. At 20% dividends (my target), I'll need $90k. At 10% dividends (the sigh of reality), I'll need closer to $200k. 3. If I continue to save and invest fairly well, I should have this by about the middle of 201...
by Jacobkg
Wed Aug 24, 2011 2:58 pm
Forum: Investing - Theory, News & General
Topic: If FDIC Accounts Are Safe As Treasury Bills then Why...?
Replies: 96
Views: 9215

To get back to the original question: Why can I get a 1% high yield FDIC insured savings account while T-Bills are yielding 0%, if both are truly equal in risk? Modern banks make the majority of their income from fees and services. To a bank, a savings account customer represents a stream of future ...
by Jacobkg
Tue Aug 23, 2011 9:09 pm
Forum: Investing - Theory, News & General
Topic: Momentum really is bunk?
Replies: 73
Views: 7679

What does a sample momentum strategy look like? Also, what do the pros do and is it reproducible by individual investors?
by Jacobkg
Tue Aug 23, 2011 6:26 pm
Forum: Investing - Theory, News & General
Topic: The Case Against Long-Term Treasuries - Now More Than Ever
Replies: 32
Views: 4429

The main argument against long term treasuries that I have heard is that the price is driven down by institutions that purchase them to meet fixed nominal future obligations (e.g insurance companies). Entities with inflation-dependent future obligations should require more compensation to take on th...
by Jacobkg
Mon Aug 22, 2011 8:58 pm
Forum: Personal Investments
Topic: What should I look for in a stock?
Replies: 49
Views: 4578

I think the best approach would be to back up just a little and make sure we understand your goals so we we can give you advice tailored for you and not the average investor. If you don't mind answering just a few questions: 1) How much money in income do you think you will need your first year of r...
by Jacobkg
Sun Aug 21, 2011 10:56 pm
Forum: Personal Consumer Issues
Topic: Doctor Who - Really enjoying it!
Replies: 10
Views: 1803

Doctor Who - Really enjoying it!

Having never watched any episodes before, I found that the latest series is available streaming on Netflix. The latest reboot started in 2005 and there are 5 seasons available. The way I did it was I first watched season 5 in it's entirety (it's a great place to start because they re-explain all the...