Search found 6595 matches

by baw703916
Fri Aug 03, 2018 1:03 pm
Forum: Investing - Theory, News & General
Topic: STIP (Short Term TIP) yield vs TIP
Replies: 14
Views: 913

Re: STIP (Short Term TIP) yield vs TIP

Remember also the real yield of a TIPS is a guess. The market sets the prices and yields of *nominal* instruments (where the nominal yield is exactly known) and then guesses as to the right real rate. The difference is the breakeven inflation rate. I think you meant to say "the nominal yield of TIP...
by baw703916
Thu Aug 02, 2018 7:50 pm
Forum: Investing - Theory, News & General
Topic: STIP (Short Term TIP) yield vs TIP
Replies: 14
Views: 913

Re: TIPS yield curve and fund choice

But since the entire yield curve is under 1%, how much can rates go down?
by baw703916
Thu Aug 02, 2018 7:34 pm
Forum: Investing - Theory, News & General
Topic: STIP (Short Term TIP) yield vs TIP
Replies: 14
Views: 913

TIPS yield curve and fund choice

[Thread merged into here, see below. --admin LadyGeek] So as of today, per Bloomberg , the interest rate on a 5 year TIPS is 0.85%, while for a 30 year TIPS it's 0.97%. That's right--12 bp of difference for extending duration by 25 years. I would argue that in this circumstance, it makes no sense f...
by baw703916
Wed Jul 04, 2018 6:26 pm
Forum: Personal Consumer Issues
Topic: Drinking, Fast and Slow: A Behavioral Scientist’s Guide To Summer Cocktails
Replies: 9
Views: 1800

Re: Drinking, Fast and Slow: A Behavioral Scientist’s Guide To Summer Cocktails

Cheers, Victoria! I think I'll enjoy an Anchor Steam (ok, I know, not technically a cocktail!) while I contemplate which holdings I refuse to sell until I can do so at a profit! I believe that the behavioral scientists call that “Anchoring” :beer Yes they do...and I think it deserves the accompanim...
by baw703916
Tue Jul 03, 2018 9:19 pm
Forum: Personal Finance (Not Investing)
Topic: Thoughts on Healthcare Sharing?
Replies: 51
Views: 4110

Re: Thoughts on Healthcare Sharing?

Healthcare sharing is how the Amish community has always approached medical care. By and large, it's worked pretty well for centuries.

But here's where it hits the wall:

https://www.statnews.com/2018/05/08/lux ... ice-amish/
by baw703916
Tue Jul 03, 2018 7:50 pm
Forum: Personal Consumer Issues
Topic: Drinking, Fast and Slow: A Behavioral Scientist’s Guide To Summer Cocktails
Replies: 9
Views: 1800

Re: Drinking, Fast and Slow: A Behavioral Scientist’s Guide To Summer Cocktails

Cheers, Victoria!

I think I'll enjoy an Anchor Steam (ok, I know, not technically a cocktail!) while I contemplate which holdings I refuse to sell until I can do so at a profit!
by baw703916
Fri Jun 08, 2018 10:51 pm
Forum: Investing - Theory, News & General
Topic: Why Edward Jones?
Replies: 76
Views: 12829

Re: Why Edward Jones?

livesoft wrote:
Thu Jan 04, 2018 4:24 pm
It is also possible the the EJ person also is the pastor of the church.
So, it's not really a load, but rather a tithe? :P
by baw703916
Tue May 15, 2018 10:53 pm
Forum: Investing - Theory, News & General
Topic: John C. Bogle explains his interpretation of RTM (reversion to mean)
Replies: 11
Views: 2356

Re: John C. Bogle explains his interpretation of RTM (reversion to mean)

This makes sense. In gambling, assuming a non-biased coin/dice/roulette table/etc. each event has no time correlation with past or future events. So if you flip a coin heads 5 times in a row, the expectation value of the next flip remains 50% heads. But if a certain category of equities has a price ...
by baw703916
Sun May 06, 2018 6:12 pm
Forum: Investing - Theory, News & General
Topic: Warren Buffet Empire in One Giant Chart
Replies: 11
Views: 3046

Re: Warren Buffet Empire in One Giant Chart

...reinsurance doesn’t sell its product to retail customers and it doesn’t employee many, so it is overlooked by popular press stories that can choose instead to mention GEICO and Dairy Queen. I am looking forward to going to the annual meeting again this weekend. I’ve been going regularly since 20...
by baw703916
Sun May 06, 2018 6:02 pm
Forum: Investing - Help with Personal Investments
Topic: E-Trade ETF equivalent for VTSAX (Vanguard Total Stock Market Index Fund Admiral Shares)?
Replies: 10
Views: 815

Re: E-Trade ETF equivalent for VTSAX (Vanguard Total Stock Market Index Fund Admiral Shares)?

Is there a reason not to just buy VTI, the ETF share class of Vanguard Total Stock Market? It has the same E/R as the VSTAX Admiral share class. For what it's worth I own it in my E-Trade account, and yes, you can set up automatic dividend reinvestment.
by baw703916
Tue May 01, 2018 10:08 pm
Forum: Investing - Help with Personal Investments
Topic: When to sell individual stock following merger announcement?
Replies: 22
Views: 1445

Re: When to sell individual stock following merger announcement?

After being more volatile than I would have expected the past couple weeks, the price of the company being acquired jumped substantially this morning (to >99% of the takeover price) and my sell order executed. In reading the new items, this coincided with the ending of the Hart Scott Rodino waiting ...
by baw703916
Tue May 01, 2018 9:54 pm
Forum: Investing - Theory, News & General
Topic: Warren Buffet Empire in One Giant Chart
Replies: 11
Views: 3046

Re: Warren Buffet Empire in One Giant Chart

Where did reinsurance go?
by baw703916
Thu Apr 12, 2018 8:42 pm
Forum: Investing - Help with Personal Investments
Topic: When to sell individual stock following merger announcement?
Replies: 22
Views: 1445

Re: When to sell individual stock following merger announcement?

A couple clarifications. 1) I regarded the investment in the company that's getting taken over as a semi-unique opportunity (a rare case where I have good reason to believe I "know more than the market"). That's not true of the acquiring company--there's no reason to thing I have any more insight in...
by baw703916
Thu Apr 12, 2018 5:54 pm
Forum: Investing - Theory, News & General
Topic: Stock market investors on higher floors take more risks
Replies: 13
Views: 1866

Re: Stock market investors on higher floors take more risks

Rick Ferri wrote:
Wed Apr 11, 2018 11:27 am
What about those who serve in our Navy’s submarine fleet?
Hopefully, they're taking advantage of the TSP, with a generous helping of the G Fund. :)
by baw703916
Thu Apr 12, 2018 11:50 am
Forum: Investing - Help with Personal Investments
Topic: When to sell individual stock following merger announcement?
Replies: 22
Views: 1445

Re: When to sell individual stock following merger announcement?

Thanks everyone for the replies! What's kind of interesting is the market price of the stock has actually fluctuated more than I might have expected this week (a couple %). Since there's no actual news regarding the merger and as Grt2bOutdoors observes, it seems pretty likely to happen, my guess is ...
by baw703916
Wed Apr 11, 2018 8:03 pm
Forum: Investing - Help with Personal Investments
Topic: When to sell individual stock following merger announcement?
Replies: 22
Views: 1445

Re: When to sell individual stock following merger announcement?

If it's Verifone, you should consider holding on until May 24th in case someone else makes a better offer, although the slight discount indicates that the market thinks that unlikely. It's actually not that one, it's a biotech being acquired by a Big Pharma company. It doesn't appear the merger wou...
by baw703916
Wed Apr 11, 2018 7:51 pm
Forum: Investing - Help with Personal Investments
Topic: When to sell individual stock following merger announcement?
Replies: 22
Views: 1445

Re: When to sell individual stock following merger announcement?

Good podcast from the White Coat Investor on this topic. https://www.whitecoatinvestor.com/merger-arbitrage-with-peter-steinberg-md-podcast-43/ Thanks for posting the link! Although I'm more the counterparty from whom Dr. Steinberg (the guest featured in the podcast) might buy stock following the m...
by baw703916
Wed Apr 11, 2018 7:30 pm
Forum: Investing - Help with Personal Investments
Topic: When to sell individual stock following merger announcement?
Replies: 22
Views: 1445

When to sell individual stock following merger announcement?

So several months ago I made a small investment in an individual stock (note: <1% of my portfolio, which is 95+% index funds). Recently, the company announced an agreement for a cash takeover by another company for roughly double the recent trading range. No, I'm not eschewing index funds! My questi...
by baw703916
Fri Mar 30, 2018 7:59 pm
Forum: Investing - Theory, News & General
Topic: The "American companies I invest in already have international exposure" argument --- valid or not?
Replies: 139
Views: 11582

Re: The "American companies I invest in already have international exposure" argument --- valid or not?

DanMahowny wrote:
Fri Mar 30, 2018 7:31 pm
I don't buy that argument.

Jack Bogle is wrong.

Of course, I could be wrong. I'm wrong often- just ask my wife.
So, does your wife think Jack Bogle is wrong?
by baw703916
Mon Mar 26, 2018 3:46 pm
Forum: Investing - Theory, News & General
Topic: Seven-Year Investor Old Beats Harvard’s Endowment Fund
Replies: 21
Views: 3002

Re: Seven-Year Investor Old Beats Harvard’s Endowment Fund

There will always be some number of seven-year olds who outperform by luck. 8-)
by baw703916
Wed Mar 21, 2018 5:30 pm
Forum: Personal Consumer Issues
Topic: SE Washington DC job - where to live?
Replies: 55
Views: 3663

Re: SE Washington DC job - where to live?

I worked for many years just south of Anacostia-Bolling (until about 2 years ago). I lived in Alexandria, and my commute was about 30 minutes--you can shorten it considerably by living closer. 1) The dominant traffic flow on the Wilson Bridge in the morning is into Virginia, and out of Virginia in t...
by baw703916
Sat Mar 10, 2018 6:47 pm
Forum: Investing - Help with Personal Investments
Topic: Question about transferring and SEC IRA to a Roth IRA
Replies: 3
Views: 254

Re: Question about transferring and SEC IRA to a Roth IRA

I assume you meant to say "SEP" IRA (SEP stands for Simplified Employee Pension--it's often used for retirement contributions from self employment income or from a very small company). The short answer is you can convert it to a Roth IRA--I've done exactly that. It is perfectly possible to have a lo...
by baw703916
Sat Feb 17, 2018 12:11 am
Forum: Personal Consumer Issues
Topic: Mixing fuel octanes for cars
Replies: 57
Views: 4228

Re: Mixing fuel octanes for cars

1. Going beyond the octane requirements of your engine doesn't convey any additional benefit. Going below the requirements isn't recommended! 2. The way that the octane rating is defined means that the octane value of a mixture of fuels is just the weighted average (what an octane rating of X means ...
by baw703916
Tue Feb 13, 2018 9:25 pm
Forum: Investing - Help with Personal Investments
Topic: Deciding Between Treasuries and Munis in Taxable
Replies: 15
Views: 1952

Re: Deciding Between Treasuries and Munis in Taxable

Are there any other reasons why having an increased AGI (due to the interest on the Treasuries) might be undesirable? For example, not being able to make a Roth contribution. That's one thing that isn't accounted for in the equivalent yields math.
by baw703916
Thu Feb 08, 2018 11:41 pm
Forum: Investing - Theory, News & General
Topic: "The stock market is officially in a correction... here's what usually happens next"
Replies: 83
Views: 14425

Re: "The stock market is officially in a correction... here's what usually happens next"

What usually happens next is a lot of hyperventilating. Even on this board, though to a lesser extent.
by baw703916
Thu Feb 08, 2018 8:17 pm
Forum: Investing - Theory, News & General
Topic: Thrift Savings Plan to Change I Fund Index
Replies: 34
Views: 4943

Re: Thrift Savings Plan to Change I Fund Index

I'd somehow missed this when it was first posted.

Great news! Good job, FRTIB. :happy
by baw703916
Wed Feb 07, 2018 10:57 pm
Forum: Investing - Theory, News & General
Topic: Spread between taxable and tax-exempt bond yields returning to normal
Replies: 1
Views: 465

Spread between taxable and tax-exempt bond yields returning to normal

Something interesting is happening in bond yields: after about a decade, the relative yields between tax-exempt and taxable bonds are returning to normal. Normally, one would expect that tax-exempt bonds would have lower yields than taxable ones, all else being equal, due to the tax benefit. This is...
by baw703916
Sat Jan 27, 2018 12:14 am
Forum: Investing - Theory, News & General
Topic: Do Alpha Males Deliver Alpha? Testosterone and Hedge Funds
Replies: 16
Views: 1581

Re: Do Alpha Males Deliver Alpha? Testosterone and Hedge Funds

triceratop wrote:
Fri Jan 26, 2018 6:54 pm
It seems patently crazy and absurd! But I've been lead to believe and heard many tales confirming that many humans do precisely this under a complex system known as "dating".
There hasn't been an equivalent of Bogle to offer indexing as a simpler and more profitable approach!
by baw703916
Thu Jan 25, 2018 8:43 pm
Forum: Local Chapters and Bogleheads Community
Topic: Happy Birthday, Taylor!
Replies: 84
Views: 5251

Re: Happy Birthday, Taylor!

Happy Birthday Taylor!!

Thanks for teaching many people important lessons about successful investing.
by baw703916
Wed Jan 24, 2018 11:19 pm
Forum: Investing - Theory, News & General
Topic: Any logic to picking multiple target date funds?
Replies: 16
Views: 1615

Re: Any logic to picking multiple target date funds?

I actually am using two different "L Funds" in my TSP account (L funds = TSP version of target date funds). Technically only one actually has a date: L2030 (about when I'll be retirement age). Until recently, I had much of the rest of my TSP in the G fund (I distribute assets over several types of a...
by baw703916
Mon Jan 22, 2018 1:32 am
Forum: Investing - Theory, News & General
Topic: Vanguard opens special offices for $1 million clients
Replies: 115
Views: 28907

Re: anguard opens special offices for $1 million clients

Interesting... Although personally, I've never even called Vanguard on the phone. Everything has been accomplished online or in the mail. Unless they're going to offer a place where I can make cash deposits, medallion signature guarantees on securities, or free coffee/pastries while I chat with a r...
by baw703916
Sun Jan 21, 2018 4:54 pm
Forum: Investing - Theory, News & General
Topic: "Why You Should Probably Just Give Up Trying To Beat The Stock Market"
Replies: 19
Views: 3444

Re: "Why You Should Probably Just Give Up Trying To Beat The Stock Market"

Dottie57 wrote:
Sun Jan 21, 2018 10:43 am
Me too. It was a family ritual to watch the show. I never really understood what he said and the market remained magical.
Where are the elves' yachts? :twisted:
by baw703916
Sun Jan 21, 2018 3:20 am
Forum: Investing - Theory, News & General
Topic: "The Pain of Discipline or the Pain of Regret?"
Replies: 33
Views: 3914

Re: "The Pain of Discipline or the Pain of Regret?"

2008 was a financial panic, but not an unprecedented one, and putting things in perspective a little bit made things pretty easy to deal with. Better man then me. I found it extremely stressful, but since I was young (still think I am) I knew it didn't matter in the long run. I would say those that...
by baw703916
Sat Jan 20, 2018 10:49 pm
Forum: Investing - Theory, News & General
Topic: "Why You Should Probably Just Give Up Trying To Beat The Stock Market"
Replies: 19
Views: 3444

Re: "Why You Should Probably Just Give Up Trying To Beat The Stock Market"

My problem with this article is it doesn't differentiate between active and passive strategies--it just says "mutual funds". I mean, Vanguard's TSM is a mutual fund. And, because it should closely mirror the performance of the market every year, while most funds will lag due to expenses, I'd expect ...
by baw703916
Sat Jan 20, 2018 8:34 pm
Forum: Investing - Theory, News & General
Topic: "The Pain of Discipline or the Pain of Regret?"
Replies: 33
Views: 3914

Re: "The Pain of Discipline or the Pain of Regret?"

Sometimes I wonder if these people are living on a different planet. 2008-09, 2011, and 15-16 weren't that emotionally stressful. Bogleheads and EMH provided me with a framework for putting things in context. 2008 was a financial panic, but not an unprecedented one, and putting things in perspective...
by baw703916
Tue Dec 12, 2017 9:33 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio advice: Total market vs Larry Portfolio
Replies: 44
Views: 4593

Re: Oldest Multi-Factor Fund

The oldest multi-factor fund of which I am aware is PNC Multi-Factor Small-Cap Value C (PSVCX). According to Morningstar, its annualized 15-year return was 7.32%. During the same period, The S&P 500 Index return was 9.72% (with lower Standard Deviation). Taylor, I really don't think that's a fair c...
by baw703916
Sat Dec 02, 2017 7:38 pm
Forum: Investing - Theory, News & General
Topic: What did you do right?
Replies: 96
Views: 10861

Re: What did you do right?

I never bought a $5000 watch, in spite of the extreme peer pressure. ;)
by baw703916
Thu Nov 30, 2017 10:27 pm
Forum: Investing - Theory, News & General
Topic: Jack Bogle Says ‘Avoid Bitcoin Like the Plague’
Replies: 214
Views: 28429

Re: Jack Bogle Says ‘Avoid Bitcoin Like the Plague’

VictoriaF wrote:
Thu Nov 30, 2017 10:15 pm
Bitcoin is a ledger that contains a record of all transactions since its inception.

Victoria
Which makes it a little puzzling why hackers would demand payment for ransomeware in bitcoins. It's kind of like bank robbers stealing a bunch of marked bills.
by baw703916
Thu Nov 30, 2017 12:15 am
Forum: Investing - Theory, News & General
Topic: What did you do right?
Replies: 96
Views: 10861

Re: What did you do right?

It seems that on this thread, something like half of the replies make reference to "marry the right person". So how is this actually implemented? Is there an equivalent of John Bogle to make everything simple, or is it just dumb luck? Seems a lot more complicated than just calling up Vanguard, takin...
by baw703916
Wed Nov 22, 2017 1:08 pm
Forum: Investing - Theory, News & General
Topic: Minimizing capital gains assuming FIFO basis
Replies: 26
Views: 2411

Re: Minimizing capital gains assuming FIFO basis

You could quickly complete your non-FIFO tax loss harvesting now, before you have to make that "assumption". Folks should complete their tax-loss harvesting each year anyways. Indeed, with prices where they are today, there should be no tax-loss harvesting opportunities at the present time. That is...
by baw703916
Wed Nov 22, 2017 12:57 pm
Forum: Investing - Theory, News & General
Topic: Minimizing capital gains assuming FIFO basis
Replies: 26
Views: 2411

Re: Minimizing capital gains assuming FIFO basis

Thanks for the link Doc. And thanks to everyone for the thoughts given so far.
by baw703916
Tue Nov 21, 2017 10:48 pm
Forum: Investing - Theory, News & General
Topic: Minimizing capital gains assuming FIFO basis
Replies: 26
Views: 2411

Re: Minimizing capital gains assuming FIFO basis

For DCA during an investors accumulation phase, what would be your fund rotation strategy? I could envision things like the following: Option #1: rotate between different similar funds for each scheduled purchase Option #2: stick to one fund for a period if time (e.g for a year), then start using t...
by baw703916
Tue Nov 21, 2017 10:26 pm
Forum: Investing - Theory, News & General
Topic: Minimizing capital gains assuming FIFO basis
Replies: 26
Views: 2411

Re: Minimizing capital gains assuming FIFO basis

One is using FIFO, not average cost. :) To me First-In, First-out identifies the shares sold and NOT the Cost Basis Method. For mutual fund (but not stocks and not ETFs), the First-In shares could have a cost basis method of Average Cost or Actual Cost. Stocks and ETFs must use Actual Cost no matte...
by baw703916
Tue Nov 21, 2017 9:42 pm
Forum: Investing - Theory, News & General
Topic: Minimizing capital gains assuming FIFO basis
Replies: 26
Views: 2411

Re: Minimizing capital gains assuming FIFO basis

livesoft wrote:
Tue Nov 21, 2017 9:36 pm
If one is using Average Cost and has purchased shares recently at a higher price than the First In shares, then that will help minimize capital gains. Otherwise, sell fewer shares which will also minimize capital gains.
One is using FIFO, not average cost. :)
by baw703916
Tue Nov 21, 2017 9:35 pm
Forum: Personal Finance (Not Investing)
Topic: Help DW gets fired, but then next day her boss offers her job back
Replies: 156
Views: 14633

Re: Help DW gets fired, but then next day her boss offers her job back

I'd say offer to come back but no reduction in pay.

If they can't accommodate that, too bad! :twisted:

Look for another job in any event.
by baw703916
Tue Nov 21, 2017 9:22 pm
Forum: Investing - Theory, News & General
Topic: Minimizing capital gains assuming FIFO basis
Replies: 26
Views: 2411

Minimizing capital gains assuming FIFO basis

If one is using FIFO cost basis, what is the best way to minimize capital gains in taxable accounts (e.g. if rebalancing)? Please don't ask why the question assumes FIFO. Just assume it does. It seems to me that one would want to own several similar funds (e.g. Vanguard 500 index, Vanguard Large Cap...
by baw703916
Tue Nov 21, 2017 9:10 pm
Forum: Investing - Theory, News & General
Topic: "Got $1 million to retire? Here’s how long it will last, by U.S. state"
Replies: 54
Views: 14842

Re: "Got $1 million to retire? Here’s how long it will last, by U.S. state"

VictoriaF wrote:
Tue Nov 21, 2017 9:01 pm
I like the picture of retired people in the beginning of the article!

Victoria
Will $1 million buy you a Wayback Machine to the 1950s? :D
by baw703916
Mon Nov 20, 2017 11:42 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Managing Risk With Factors
Replies: 121
Views: 11637

Re: Larry Swedroe: Managing Risk With Factors

I think the statement that factor investing is expensive is a red herring. Like everything, it depends how it's implemented. TSM has an expense ratio of 0.04% Small Value index has an ER of 0.07% Total International has an ER of 0.11%. FTSE Smallcap has an ER of 0.13% So the difference is all of 2-3...
by baw703916
Tue Nov 14, 2017 8:20 pm
Forum: Investing - Theory, News & General
Topic: Uh-oh, small passive won't work
Replies: 4
Views: 1258

Re: Uh-oh, small passive won't work

If a company isn't publicly traded then active funds can't buy it either.

Now maybe that could be an argument for investing in private equity...but that's beyond the scope of this thread.
by baw703916
Sun Nov 12, 2017 5:55 pm
Forum: Investing - Help with Personal Investments
Topic: Buying bitcoin / Cryptocurrency to market cap (.3%)
Replies: 42
Views: 5045

Re: Buying bitcoin / Cryptocurrency to market cap (.3%)

Valuethinker wrote:
Sun Nov 12, 2017 5:13 pm
The time to buy this was *not* when, on the London Tube, you see adds for Contracts for Different (CFDs) on cybercurrencies.
But it worked so well for dotcoms in 1999 and CDOs in 2007! :P