Search found 146 matches

by Elric
Thu Jun 13, 2019 11:50 am
Forum: Investing - Theory, News & General
Topic: "The S&P 500 Is Beating Yale's Endowment Fund"
Replies: 34
Views: 3935

Re: "The S&P 500 Is Beating Yale's Endowment Fund"

This article, or at least the headline, is an example of "noise" that Bogleheads should be trained to ignore. What's the point? The S&P 500 beat the pants off the 3 Fund Portfolio too. Is the lesson here poor diversification wins?...hopefully not. :thumbsup :thumbsup :thumbsup By the same logic as ...
by Elric
Wed Jun 12, 2019 9:25 pm
Forum: Personal Consumer Issues
Topic: Amazon Smile donations to John Bogle Foundation [and other charities]
Replies: 11
Views: 1107

Re: Amazon Smile donations to John Bogle Foundation [and other charities]

The Tor project (https://www.torproject.org/ ) for me:
Your charity, Tor Project, recently received a quarterly donation of $685.70 thanks to customers shopping at smile.amazon.com.

To date, AmazonSmile has donated a total of:
$10,705.65 to Tor Project
$134,890,393.33 to all charities
by Elric
Mon Jun 10, 2019 8:09 pm
Forum: Personal Investments
Topic: 7% callable - Structured Investment/Note
Replies: 30
Views: 2420

Re: 7% callable - Structured Investment/Note

I think the opacity partly refers to their valuation. Are they good deals or are they bad deals ?... Also, there were implosions in various crashes in the last 25 years that had to do with loss of liquidity or because the full credit of even supposedly solid issuers tended out to be less than stell...
by Elric
Mon Jun 10, 2019 5:01 pm
Forum: Investing - Theory, News & General
Topic: Perpetual Withdrawal Rates for 18 Portfolios
Replies: 50
Views: 4829

Re: Perpetual Withdrawal Rates for 18 Portfolios

So as the retirement timeframe gets longer, the safe withdrawal rate approaches the perpetual withdrawal rate. This article explains how the chart works in more depth. Thanks! So as I understand it, if your retirement timeframe is 0 - 10 or so years, then the PWR is 0% or negative (not shown on the...
by Elric
Mon Jun 10, 2019 4:10 pm
Forum: Investing - Theory, News & General
Topic: Perpetual Withdrawal Rates for 18 Portfolios
Replies: 50
Views: 4829

Re: Perpetual Withdrawal Rates for 18 Portfolios

https://drive.google.com/uc?export=download&id=1KFpgZXO-6OKwSK43-oX7WVxfImXx3MSX Clearly I'm missing something important. Why is the PWR a function of retirement age in this chart, and tend to zero if you die the minute you retire? I thought the whole idea was you preserved principal in perpetuity ...
by Elric
Mon Jun 10, 2019 4:01 pm
Forum: Personal Investments
Topic: 7% callable - Structured Investment/Note
Replies: 30
Views: 2420

Re: 7% callable - Structured Investment/Note

- so you can ignore their opacity . Even though we know that a bunch of these things imploded in the financial crash I don't think the fact that they may implode in a crash relates to their opacity , that's pretty transparent. If the market drops enough to hit the trigger, then the income payments ...
by Elric
Sat Jun 08, 2019 11:36 pm
Forum: Personal Investments
Topic: 7% callable - Structured Investment/Note
Replies: 30
Views: 2420

Re: 7% callable - Structured Investment/Note

I had similar structured notes awhile ago from JP Morgan, recommended by our adviser at the time. They were 5 year notes with a 70% trigger. Backtesting showed there was some chance of loss of principal, but usually only a couple of percent (timing has to be particularly bad for the end date to fall...
by Elric
Fri Jun 07, 2019 11:45 am
Forum: Investing - Theory, News & General
Topic: Social Security Question
Replies: 15
Views: 1162

Re: Social Security Question

Unlike Medicare, relatively modest adjustments can keep the system solvent for decades to come. Actionable recommendation: checkout https://www.crfb.org/socialsecurityreformer/ to explore options and decide which approaches you want to support.
by Elric
Wed Jun 05, 2019 9:13 am
Forum: Personal Consumer Issues
Topic: Recommendations for 2 way radio.
Replies: 10
Views: 980

Re: Recommendations for 2 way radio.

If you need more range, GMRS is also an option. It requires paying a license fee to the FCC, but the radios have more power. Many are dual mode and interoperate with family radios. More info here:
https://midlandusa.com/gmrs-or-frs-radio-how-to-choose/
by Elric
Tue Jun 04, 2019 10:23 pm
Forum: Personal Consumer Issues
Topic: Recommendations for "Backup" software
Replies: 40
Views: 2511

Re: Recommendations for "Backup" software

I use Acronis for a couple of years, since my previous backup provider decided to concentrate solely on the corporate market, and have been happy with it. I've had to restore a couple of lost files and have checked it a couple of times to make sure the backups were there.
by Elric
Mon Jun 03, 2019 9:39 am
Forum: Personal Consumer Issues
Topic: 23 and me vs. ancestry- thoughts?
Replies: 38
Views: 2862

Re: 23 and me vs. ancestry- thoughts?

From a few years back, but folks wanting to do anonymous testing should find this useful: https://venturebeat.com/2013/09/20/how-to-use-23andme-without-giving-up-your-genetic-privacy/ Note that the article says some insurance companies and others require you to disclose known genetic information. I ...
by Elric
Thu May 30, 2019 4:57 pm
Forum: Personal Investments
Topic: What do active managers do differently?
Replies: 17
Views: 1002

Re: What do active managers do differently?

Reading back on those last two posts I wish I really had never weighed in here. I'm actually grateful you did! It's very useful to hear some experience from "the other side". As much as I use and love the Bogleheads philosophy, I'm sometimes worried about limiting my views and cargo-cult the three-...
by Elric
Thu May 23, 2019 9:52 am
Forum: Personal Consumer Issues
Topic: Is Tesla Going To Survive?
Replies: 99
Views: 6707

Re: Is Tesla Going To Survive?

A good friend of mine has the Model 3. He loves the autodrive and uses it every day on his 30 mile commute to work. The other day it drove him to work even though his allergies were so bad that he had trouble seeing the road. I'm sure he exaggerates about how bad his vision was, but it's still nice...
by Elric
Wed May 22, 2019 6:47 am
Forum: Personal Consumer Issues
Topic: Financial Movies and Shows
Replies: 64
Views: 5789

Re: Financial Movies and Shows

Billions on Showtime. More of a soap opera, but a lot of financial themes and they feature leading investment execs as themselves in guest appearances.
by Elric
Sun May 19, 2019 12:18 pm
Forum: Personal Investments
Topic: why buy any bonds in your portfolio?
Replies: 24
Views: 3096

Re: why buy any bonds in your portfolio?

Additional reasons: US treasuries are backed by the same US Government ad CDs and are partially tax exempt. Many municipal bonds, while not as safe as US Government, are pretty darn safe with tax exemption as well. And, while many Bogleheads like almost no risk in bonds, some on this forum include c...
by Elric
Sat May 18, 2019 11:09 am
Forum: Personal Investments
Topic: Am I being ripped off?
Replies: 42
Views: 4773

Re: Am I being ripped off?

Looks like OP's question has been well-answered. On a related note, while a $1 commission per $1,000 may not be outrageous, several brokers offer $0 commissions on both new and market-purchased treasuries. For $180,000, I prefer paying $0 commission v. $180. :D
by Elric
Thu May 16, 2019 4:48 pm
Forum: Personal Investments
Topic: Vanguard or Fidelity (advisor support)
Replies: 19
Views: 1570

Re: Vanguard or Fidelity (advisor support)

patrick013 wrote:
Thu May 16, 2019 4:24 pm
Schwab wants to discern 53 ETF's in 20 asset classes.
Do they tend to put folks using this type of robo-plus service into that many, or just 4-6 (plus cash)? I'm curious.
by Elric
Thu May 16, 2019 2:24 pm
Forum: Personal Investments
Topic: Vanguard or Fidelity (advisor support)
Replies: 19
Views: 1570

Re: Vanguard or Fidelity (advisor support)

I'm surprised no one has mentioned Schwab's new ultra low fee advisory service (less then Vanguard's). I don't currently use any advisor service. Schwab is currently my broker and I own several Vanguard mutual funds and ETF's. See https://www.schwab.com/public/schwab/investment_advice/intelligent_ad...
by Elric
Mon May 13, 2019 9:17 pm
Forum: Personal Investments
Topic: Thoughts on Schwab
Replies: 37
Views: 3650

Re: Thoughts on Schwab

What I don't like and how I deal with it. 1. Huge fee to buy Vanguard funds. I deal with this by making large purchases since it's a flat fee, then reinvest dividends. Later, it turned out I can get Vanguard funds in my 401K without a fee so it's okay. And there is usually an EFT equivalent If you ...
by Elric
Mon May 13, 2019 9:14 pm
Forum: Personal Investments
Topic: Email to my Edward Jones Rep
Replies: 46
Views: 4231

Re: Email to my Edward Jones Rep

Agree. --Start the process of moving your investments to your new InvestCo, from your new InvestCo. --Your EJ rep has been more than adequately "thanked" by your paying the higher fees for 20yrs. --A letter saying you are moving-on is okay, but don't waste your EJ rep's time otherwise. ("I'm moving...
by Elric
Wed May 08, 2019 9:46 pm
Forum: Investing - Theory, News & General
Topic: Stocks really "Chernobyl" risky for people near/in retirement?
Replies: 23
Views: 2913

Re: Stocks really "Chernobyl" risky for people near/in retirement?

I do have a pension that could cover our living expenses, so this complicates the AA decision a bit. Well, that's definitely the sort of complication it's good to have! It's a complication because it opens up the full range of possibilities. You can take far less risk (especially if your pension ha...
by Elric
Sun May 05, 2019 2:38 pm
Forum: Personal Consumer Issues
Topic: Outdoor Jacuzzi - Cost vs Value?
Replies: 22
Views: 2408

Re: Outdoor Jacuzzi - Cost vs Value?

We certainly use ours less than we originally did (avg. 1x month), but use it year round, least in the summer. For us it's worth it, and when our first one died after many years, we bought a replacement (updated version of same brand). There will be maintenance (over decades, we've had main pump rep...
by Elric
Wed May 01, 2019 10:20 am
Forum: Personal Finance (Not Investing)
Topic: Ignore, skim or read shareholder reports?
Replies: 7
Views: 873

Re: Ignore, skim or read shareholder reports?

If I get a shareholder report for a index mutual fund or index etf I will at least read enough to understand whether their performance agrees with the index or why they missed the mark. If the report is for an actively managed investment I would read it thoroughly to see if I should continue to hol...
by Elric
Tue Apr 30, 2019 1:43 am
Forum: Personal Investments
Topic: Dividends: do you like cash or reinvestment?
Replies: 19
Views: 1961

Re: Dividends: do you like cash or reinvestment?

this heavily appreciated position has become a significant percentage of my overall portfolio... I don't need more of it in my portfolio... Every time you reinvest the dividends you are (passively) making the decision to buy more of that same position. Sounds like you know you don't want to do that...
by Elric
Mon Apr 29, 2019 12:37 pm
Forum: Personal Consumer Issues
Topic: replacement for Airport Express for music
Replies: 19
Views: 1065

Re: replacement for Airport Express for music

What are you trying to improve or change? Or are you just maintaining your current setup and concerned about the Airport Expresses failing? Since I'm thinking about adding a third destination and the Airport Express have been discontinued, I figured it was the right time to explore alternatives for...
by Elric
Mon Apr 29, 2019 12:20 pm
Forum: Investing - Theory, News & General
Topic: WSJ--How Schwab Ate Wall Street
Replies: 82
Views: 9421

Re: Schwab article in WSJ today

I would be curious to here comments from Bogleheads that use Schwab. Do they push higher cost products on clients who are not financially savvy. When we left using an adviser we moved to Schwab. No pressure or pushing of products. A very occasional touching base email (maybe once or twice a year), ...
by Elric
Mon Apr 29, 2019 2:02 am
Forum: Personal Consumer Issues
Topic: replacement for Airport Express for music
Replies: 19
Views: 1065

Re: replacement for Airport Express for music

I think there is a way to pair an Amazon Echo Dot with an Apple iOS or MacOS device via bluetooth, or maybe over your home wifi network, and then access your iTunes library directly from the voice controlled Echo Dot, as in "Alexa, play XYZ from iTunes" where XYZ can be a song, an album, or a three...
by Elric
Sat Apr 27, 2019 1:05 pm
Forum: Personal Consumer Issues
Topic: replacement for Airport Express for music
Replies: 19
Views: 1065

Re: replacement for Airport Express for music

I'll double check, but I believe my firmware is up to date (Airport Utility says so, anyway). But I appreciate the suggestion. I have friends with a Sonos system, but as the poster said, it's a pretty expensive solution. I appreciate the Raspberry Pi recommendation. I'll likely do that at least to a...
by Elric
Fri Apr 26, 2019 5:45 pm
Forum: Personal Consumer Issues
Topic: replacement for Airport Express for music
Replies: 19
Views: 1065

Re: replacement for Airport Express for music

If you already own the two Airport Express units, why do you care they're no longer mfg'd ? And if you need to add one, I'm sure there are plenty available on eBay. Good question. The answer is that they are a bit flaky, I often need to unplug them and replug them in to reset them, either because t...
by Elric
Fri Apr 26, 2019 5:37 pm
Forum: Personal Consumer Issues
Topic: replacement for Airport Express for music
Replies: 19
Views: 1065

Re: replacement for Airport Express for music

elcadarj wrote:
Fri Apr 26, 2019 4:47 pm
Do your receivers have digital inputs?
One does not.
by Elric
Fri Apr 26, 2019 4:41 pm
Forum: Personal Consumer Issues
Topic: replacement for Airport Express for music
Replies: 19
Views: 1065

replacement for Airport Express for music

I use iTunes on a Windows PC, and my preference is to continue to do so. It serves as the music server for two airport express devices that are linked to stereo receivers to provide music from my iTunes library in our living room, family room, and deck. That's the only use I make of the two Airport ...
by Elric
Fri Apr 26, 2019 1:58 pm
Forum: Personal Investments
Topic: Am I timing the market or managing risk?
Replies: 8
Views: 849

Re: Am I timing the market or managing risk?

How much, from a time perspective, does that MM investment cover in terms of expenses? Are there other emergency funds? What do you plan to do if you do lose your job this year? Retire immediately or seek another job? If the latter, how long do you estimate that might take? Would you be able to live...
by Elric
Wed Apr 24, 2019 9:47 pm
Forum: Forum Issues and Administration
Topic: Why not add a "like" button to Boglehead posts?
Replies: 149
Views: 27107

Re: Why not add a "like" button to Boglehead posts?

The scholarly consensus on this appears to supports my position. The dynamics vary depending on the type of site and type of rating system, but it is now taken as given that these systems lead to distortions in contributor behavior in what I feel are negative ways. For example: How Community Feedba...
by Elric
Wed Apr 24, 2019 1:58 pm
Forum: Personal Investments
Topic: How to track MMF returns?
Replies: 7
Views: 1128

Re: How to track MMF returns?

I believe that this information is on the Schwab performance report. That is indeed where to look. I'm not sure exactly what OP is looking for, but go to "Portfolio Performance" and select "Schwab Portfolio Checkup and then in the blue Portfolio box, click on "View Holdings." This will show your 12...
by Elric
Mon Apr 22, 2019 11:33 am
Forum: Personal Consumer Issues
Topic: Which WAP to replace Airport Extreme - please no mesh recommendations
Replies: 116
Views: 5099

Re: Which WAP to replace Airport Extreme - please no mesh recommendations

I hear very good things about MicroTik (https://mikrotik.com/products/group/wireless-for-home-and-office), and I've been very happy with my MicroTik router. I don't have one of their access points, so I can't speak from personal experience. They aren't the most user friendly for a consumer, but you ...
by Elric
Sun Apr 21, 2019 9:01 am
Forum: Investing - Theory, News & General
Topic: Jason Zweig WSJ: You, Dear Investor,Are Patient, Prudent And Calm
Replies: 23
Views: 3613

Re: Jason Zweig WSJ: You, Dear Investor,Are Patient, Prudent And Calm

goodenyou wrote:
Sat Apr 20, 2019 7:31 pm
I have heard that it is smart to stay still and calm if you are going to be attacked by a bear. I think it is prudent to be calm when attacked by an investing "bear".
If attacked by a black bear, you don't lie still, you need to fight back. So maybe Wall Street bears are of the grizzly variety?
by Elric
Sun Apr 21, 2019 8:53 am
Forum: Personal Consumer Issues
Topic: Tips for getting the most out of your cruise?
Replies: 60
Views: 4130

Re: Tips for getting the most out of your cruise?

+1 on booking excursions early, but also investigate 3rd party excursion options. They are often as good or better at a lower price. This depends on the port.

That said, the one advantage of a ship-sponsored excursion is the ship will not leave without you if you are delayed getting back to the ship.
by Elric
Fri Apr 19, 2019 3:51 pm
Forum: Personal Finance (Not Investing)
Topic: What I don’t understand about Donor Advised Funds...
Replies: 57
Views: 4548

Re: What I don’t understand about Donor Advised Funds...

5. Try to separate out emotion from reason in making your decision. I've heard some very odd, emotion-laden, peculiar arguments against using DAFs. One poster has described the use of DAFs as "a jerk move," which is truly incomprehensible to me. Some people see DAFs as open to abuse, which I suppos...
by Elric
Thu Apr 18, 2019 11:03 pm
Forum: Personal Consumer Issues
Topic: What is your hobby and how did it come to be your hobby?
Replies: 88
Views: 6671

Re: What is your hobby and how did it come to be your hobby?

Is it risky to be carrying around lockpicking tools? I mean in the event that it attracts the notice of law enforcement. I sometimes read in my local paper of individuals charged with possession of burglar tools. Caveat: I'm not a lawyer, and have never even played one on TV. That said, my understa...
by Elric
Thu Apr 18, 2019 7:12 pm
Forum: Personal Consumer Issues
Topic: What is your hobby and how did it come to be your hobby?
Replies: 88
Views: 6671

Re: What is your hobby and how did it come to be your hobby?

They vary over the years, but canoeing (less whitewater these days), tennis, now learning pickleball, electronics and programming, and lockpicking. Got into canoeing way back through boy scouts. Tennis off and on since high school (not very good), electronics and programming since an early age. I st...
by Elric
Tue Apr 16, 2019 3:26 pm
Forum: Investing - Theory, News & General
Topic: Interest rates vs. inflation
Replies: 4
Views: 578

Re: Interest rates vs. inflation

FRED has a wealth of of the data you are looking for, including T-Bills, CDs, and much more: https://fred.stlouisfed.org/categories/22
Also CPI and related data: https://fred.stlouisfed.org/categories/9

If these will be in a taxable account, keep in mind that taxes will reduce effective yield.
by Elric
Tue Apr 16, 2019 1:52 pm
Forum: Personal Investments
Topic: How did it come to this? [Help with investments]
Replies: 51
Views: 5305

Re: How did it come to this? [Help with investments]

[quote=Cody6136 post_id=4497274 time=1555439820 user_id=147678 What will happen if I turn off the dividend and capital gain reinvestmnet in the taxable accounts? I thought having that ON meant that my pile o money would grow larger with no tax implications. :oops: This year, I sold stocks in the tax...
by Elric
Mon Apr 15, 2019 10:22 pm
Forum: Personal Consumer Issues
Topic: Newbie international traveler
Replies: 65
Views: 3896

Re: Newbie international traveler

T mobile has coverage in Europe. No need to find a SIM card. Their pre-paid plans do, but their pay by month plans don't include international. I used an Orange Holiday sim on my last trip because of this. Worked great for voice and data, and I'll be using it again when I go back (the latter requir...
by Elric
Mon Apr 15, 2019 9:14 pm
Forum: Personal Investments
Topic: Valuing Individual Stock in Portfolio
Replies: 11
Views: 773

Re: Valuing Individual Stock in Portfolio

How volatile is volatile for your individual stock? If it's only 10% of your portfolio, a 50% gain or loss would only be about a 5% swing in total portfolio allocation. Should you worry about allocation swings of less than 5%?
by Elric
Mon Apr 15, 2019 6:02 pm
Forum: Personal Consumer Issues
Topic: Walking shoes
Replies: 33
Views: 2209

Re: Walking shoes

I mostly wear my New Balance trainers unless I really need something nicer or it's very rough ground. For something nicer, I really like Duluth Trader's Wild Boar trail shoes. For rough ground, my hiking boots.
by Elric
Mon Apr 15, 2019 4:22 pm
Forum: Investing - Theory, News & General
Topic: What is your one favorite fixed income for retirement?
Replies: 46
Views: 6095

Re: What is your one favorite fixed income for retirement?

I'm a little different than most folks on this site, I use individual corporate bonds (A rated and above), Treasuries, and CDs, all in a ladder that goes through the next 7 to 8 years. You'll see mention here and in the field to it as a "Liability Matching Portfolio", and I used corporate bonds mos...
by Elric
Fri Apr 12, 2019 6:58 pm
Forum: Forum Issues and Administration
Topic: Forum software upgrade bug reports and change requests
Replies: 491
Views: 127196

Re: Forum software upgrade bug reports and change requests

I'm sure it's been discussed before, but I'd love to see up-voting. It DOES convey meaningful additional information, and is far more compact then the reply with quote +1 that serves the same purpose far less elegantly.
by Elric
Fri Apr 12, 2019 2:42 pm
Forum: Personal Investments
Topic: My advisor VS Vanguard's PAS
Replies: 70
Views: 4824

Re: My advisor VS Vanguard's PAS

Schwab offers two other options to consider. Their robo-advisor is free (albeit with a required cash component) a d their new service adds human financial planning at a lower annual fee than Vanguard. See https://www.schwab.com/public/schwab/investment_advice/intelligent_advisory Disclosure: I use S...
by Elric
Thu Apr 11, 2019 11:52 pm
Forum: Personal Consumer Issues
Topic: [What TV Show Have You Recently Watched?]
Replies: 1280
Views: 130442

Re: [What TV Show Have You Recently Watched?]

I just finished season 1 of Altered Carbon on Netflix and really liked it. If your a fan of Blade Runner or William Gibson's sprawl series of novels (Neuromancer, Count Zero, and Mona Lisa Overdrive) I think you'll like it.
by Elric
Thu Apr 11, 2019 9:32 pm
Forum: Personal Consumer Issues
Topic: Cleaning shingles (moss & mildew)
Replies: 27
Views: 2770

Re: Cleaning shingles (moss & mildew)

Another vote for Spray and Forget. I haven't tried Wash and Forget, a rival brand. Spray and Forget removed moss growing on our roof, as well as other organic stuff that was darkening it. The nice think is you just need enough water pressure from your hose to reach the area. The moss won't disappear...