Search found 6438 matches

by Call_Me_Op
Sat Sep 23, 2017 7:01 am
Forum: Investing - Help with Personal Investments
Topic: IRS Letter
Replies: 6
Views: 342

IRS Letter

I received a letter from the IRS claiming that I made an error of about $550 in my 2015 tax return. They are asking for payment in full within 30 days if I agree with them. After reviewing my records, I believe that the error is on their end. I assume I need to handle resolving this by snail mail, w...
by Call_Me_Op
Tue Sep 19, 2017 5:58 am
Forum: Investing - Help with Personal Investments
Topic: Invest in CDs rather than bonds
Replies: 9
Views: 1016

Re: Invest in CDs rather than bonds

So I was thinking of investing in an Intermediate Treasury Bond Index Fund because of it's non-correlation and to counter the Total Stock Market Index Fund in times of market loss. It's about a 1.5% forecast return in 5-years. A 5-year CD can be had at 2.4%. If rates rise, I can get out of the bank...
by Call_Me_Op
Tue Aug 29, 2017 1:18 pm
Forum: Investing - Help with Personal Investments
Topic: Relative angry I will not co-sign
Replies: 90
Views: 8005

Re: Relative angry I will not co-sign

Close relative has frittered away a sizable inheritance and is now in danger of losing his house. Came to me for $ and I said no, came to me to co-sign a loan and I said no, and now he is furious and won't speak to me. You said it all. He "frittered away" his inheritance. He was irresponsible. That...
by Call_Me_Op
Mon Aug 28, 2017 11:07 am
Forum: Investing - Theory, News & General
Topic: John Bogle video (discusses international)
Replies: 44
Views: 3880

Re: John Bogle video (discusses international)

Jack appears to ignore the one good reason to invest internationally and that is greatly increased diversification. True, but many international fans also ignore reversion to the mean. The S&P now gets 50% of its revenues through international, so you get it without the added cost and IMHO risk. I ...
by Call_Me_Op
Sun Aug 27, 2017 7:08 am
Forum: Investing - Theory, News & General
Topic: John Bogle video (discusses international)
Replies: 44
Views: 3880

Re: John Bogle video (discusses international)

Jack appears to ignore the one good reason to invest internationally and that is greatly increased diversification.
by Call_Me_Op
Sun Aug 20, 2017 6:26 am
Forum: Investing - Theory, News & General
Topic: Irrational Despair?
Replies: 39
Views: 5772

Re: Irrational Despair?

DomDangelina wrote:
Fri Aug 18, 2017 11:48 am
Should we sell everything now?
This comment suggests that you have no plan. Every investor needs a plan to be successful.
by Call_Me_Op
Sun Aug 20, 2017 6:21 am
Forum: Investing - Theory, News & General
Topic: Boston Globe: Smart Investors May be Killing Capitalism
Replies: 44
Views: 4219

Re: Boston Globe: Smart Investors May be Killing Capitalism

The fault with all of these articles (that bash index funds) is that they fail to recognize that you need only a very small proportion of investors to be active in order to have reasonable price discovery. In other words, there is no problem unless almost everyone in an indexer, which will never hap...
by Call_Me_Op
Fri Aug 18, 2017 6:19 am
Forum: Investing - Help with Personal Investments
Topic: Lost $7000 today in ONE DAY!
Replies: 183
Views: 15957

Re: Lost $7000 today in ONE DAY!

Alex GR wrote:
Thu Aug 17, 2017 8:39 pm
Should I change the allocation if this kind of downswing bothers me? :confused
If you have to ask - then yes.
by Call_Me_Op
Thu Aug 17, 2017 1:17 pm
Forum: Investing - Help with Personal Investments
Topic: what % of international stock
Replies: 31
Views: 1738

Re: what % of international stock

I have been 50-50 for many years, and intend to stay there for the foreseeable future. My choice has nothing to do with perceived valuations or relative return expectations, and everything to do with the strategy of very broad diversification.
by Call_Me_Op
Thu Aug 17, 2017 7:33 am
Forum: Investing - Help with Personal Investments
Topic: Emergin market bond fund in taxable
Replies: 12
Views: 716

Re: Emergin market bond fund in taxable

Maybe I'm skewing my terminology. 1. It's a traditional IRA funded with the usual after tax dollars 2. We cannot claim the tax deduction benefit due to >AGI 3. Are there/is there any "current" negative tax consequences using this emerging market bond fund for this IRA? When people refer to a "taxab...
by Call_Me_Op
Thu Aug 17, 2017 6:58 am
Forum: Investing - Help with Personal Investments
Topic: Emergin market bond fund in taxable
Replies: 12
Views: 716

Re: Emergin market bond fund in taxable

hammockman wrote:
Thu Aug 17, 2017 6:40 am
Thanks all.
1. Tropik T- Yes that is what I meant, The fund is an IRA funded with after tax dollars (and non-deductible-AGI to high)
That is not a taxable account.
by Call_Me_Op
Thu Aug 17, 2017 6:47 am
Forum: Personal Consumer Issues
Topic: Best Housing To Avoid Noise
Replies: 57
Views: 4896

Re: Best Housing To Avoid Noise

Very subjective. As I mentioned, road noise is a deal breaker for me. Never lived near a busy road before, so never knew. Knowing that now, I'm more observant of how many houses are on busy roads... I work in a big city and see all the houses and apartments on busy streets. Obviously, a lot of folk...
by Call_Me_Op
Wed Aug 16, 2017 10:08 am
Forum: Investing - Theory, News & General
Topic: REITs a disappointment, yet still useful
Replies: 20
Views: 3115

Re: REITs a disappointment, yet still useful

simplesauce wrote: REITs do not behave exactly like equities or bonds. They are useful in a diversified portfolio because of the rebalancing power and the low correlation.
Careful - REITs are stocks.
by Call_Me_Op
Wed Aug 16, 2017 8:15 am
Forum: Personal Consumer Issues
Topic: Best Housing To Avoid Noise
Replies: 57
Views: 4896

Re: Best Housing To Avoid Noise

Interesting topic for me, as I am dealing with this right now. I am quite sensitive to noise and a light sleeper. I have had to speak to a couple of neighbors about their noise, but I have come to the conclusion that the only reasonable long-term solution is a home on many acres, at least a few hund...
by Call_Me_Op
Mon Aug 14, 2017 6:29 am
Forum: Investing - Theory, News & General
Topic: It's easy to have an investment plan until you get punched in the face
Replies: 53
Views: 6821

Re: It's easy to have an investment plan until you get punched in the face

The Wall Street Journal asks an interesting question this week… As the U.S. stock market continues to set all-time highs, many investors are proudly adhering to their mantra of “buy and hold.” That is what financial advisers preach, and investors are sticking to it. For now, anyway. The tougher que...
by Call_Me_Op
Mon Aug 07, 2017 12:17 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Active Falls Short With Bonds Too
Replies: 13
Views: 2221

Re: Larry Swedroe: Active Falls Short With Bonds Too

This is interesting, since I recall Larry suggesting in the past that there are several things he doesn't like about a "Total Bond" (index) fund, such as its investment in MBS's.
by Call_Me_Op
Sun Aug 06, 2017 6:34 am
Forum: Personal Consumer Issues
Topic: Fence Boundary Issue
Replies: 24
Views: 1736

Re: Fence Boundary Issue

armeliusc wrote:
What would you do in this situation?
I'd move the fence.

If your neighbor built his fence in your yard, what would you have him do?
by Call_Me_Op
Fri Jun 23, 2017 11:01 am
Forum: Investing - Theory, News & General
Topic: [NY Times: Index fund evangelist is straying From His Gospel]
Replies: 32
Views: 3777

Re: Malkiel is reversing some of his views on passive investing

Malkiel must know in his heart that any exploitable inefficiencies will soon vanish.
by Call_Me_Op
Sun Jun 04, 2017 5:57 am
Forum: Investing - Theory, News & General
Topic: "Beware Fake Stock News"
Replies: 15
Views: 2377

Re: "Beware Fake Stock News"

Thanks Taylor. Thankfully, those of us who invest the Boglehead way do not need to be concerned with such schemes.
by Call_Me_Op
Sun Jun 04, 2017 5:50 am
Forum: Personal Finance (Not Investing)
Topic: What Will Home Care Cost?
Replies: 34
Views: 3783

Re: What Will Home Care Cost?

Cheese_breath,

I have little to offer in terms of answering your question, but I do want to express my sincere hope that her condition improves significantly. She is still fairly young, so it sounds like there is reason to be hopeful.
by Call_Me_Op
Sun Jun 04, 2017 5:45 am
Forum: Investing - Theory, News & General
Topic: An interesting take on the term "actively-managed" porfolio...
Replies: 3
Views: 606

Re: An interesting take on the term "actively-managed" porfolio...

I'm not sure I understand the mechanics here. But if a trade is happening every 5 minutes and there are commissions for buying and selling, it looks like there are 78 potential trades a day (5-minute increments in 6.5 hours). Even if half of them are "hold", that leaves 39 trades a day. I...
by Call_Me_Op
Sun Jun 04, 2017 5:34 am
Forum: Personal Finance (Not Investing)
Topic: Do I need umbrella insurance?
Replies: 17
Views: 2112

Re: Do I need umbrella insurance?

You want enough coverage to make the plaintiff's attorney go away (e.g., not feel it's worth the effort to pursue your personal assets). I recommend 2X unshielded assets, although there are no "hard and fast" rules. Note 1:The extent to which an IRA is a shielded asset depends upon state l...
by Call_Me_Op
Sat Jun 03, 2017 6:35 am
Forum: Investing - Help with Personal Investments
Topic: Balanced index fund holder - do I need intl?
Replies: 52
Views: 3624

Re: Balanced index fund holder - do I need intl?

So are you saying that you would buy a fund-of-funds if it had no international bonds in it? Then that's: FFNOX, the Fidelity 4-in-1 fund. Not really - just asking if the wise folks here think I *need* to add some intl? I'm quite pleased with what I currently have. Given that you are happy with wha...
by Call_Me_Op
Fri Jun 02, 2017 11:49 am
Forum: Investing - Help with Personal Investments
Topic: Fidelity Money Markets
Replies: 5
Views: 809

Re: Fidelity Money Markets

rctrfph wrote: Am I missing something?


Yes, return is net of fees.
by Call_Me_Op
Fri Jun 02, 2017 7:02 am
Forum: Personal Finance (Not Investing)
Topic: General question of balance and compromise
Replies: 26
Views: 2218

Re: General question of balance and compromise

I think the key is not to deprive yourself, but to think long and hard about large purchases to ensure that they will really improve your life. For example, I drive a 13 year-old Camry. I could buy a new car (like a Lexus) tomorrow, but I view a car as a way to get me from point A to point B safely,...
by Call_Me_Op
Fri Jun 02, 2017 6:50 am
Forum: Investing - Theory, News & General
Topic: Place to put Cash - short term
Replies: 30
Views: 4304

Re: Place to put Cash - short term

So I'm trying to figure out where to put some short-term cash. I'm looking at a couple options: VWIUX, Intermediate Tax Exempt bond NYLT, NY Long Term Tax Exempt bond CD at Synchrony Bank You can't put money into long-term bonds and then call it cash. Cash is cash, bonds are bonds, etc. These all b...
by Call_Me_Op
Fri Jun 02, 2017 6:46 am
Forum: Investing - Help with Personal Investments
Topic: Timing the market? :Bonds in rising interest rate environment
Replies: 22
Views: 2370

Re: Timing the market? :Bonds in rising interest rate environment

Hello, I have been reading about bonds and understand that in a rising interest rate environment bonds decline in value. Right now it sounds like the US central bank anticipates more rate hikes this year. Should I wait until interest rates rise to more "normal" levels and then purchase bo...
by Call_Me_Op
Wed May 31, 2017 6:23 am
Forum: Investing - Help with Personal Investments
Topic: Really trying to understand no bonds in taxable
Replies: 46
Views: 3669

Re: Really trying to understand no bonds in taxable

Here is an article that suggests that bonds should go in taxable (at today's low yields):

https://whitecoatinvestor.com/asset-loc ... n-taxable/
by Call_Me_Op
Wed May 31, 2017 6:16 am
Forum: Investing - Help with Personal Investments
Topic: Predicted 4% return over next decade. What do you do now?
Replies: 71
Views: 7452

Re: Predicted 4% return over next decade. What do you do now?

tigermilk wrote:While Jack Google may be highly respected, particularly in these parts, his crystal ball is no better than anyone else's.


:confused

I may have to do a Bogle search to figure out what you're saying.
by Call_Me_Op
Mon May 29, 2017 6:21 am
Forum: Investing - Help with Personal Investments
Topic: All Weather Portfolio for retirement
Replies: 14
Views: 1817

Re: All Weather Portfolio for retirement

Warning: Back-testing can be hazardous to your wealth. The most important decision is the split between stocks and bonds. Are you comfortable with 70% in stocks? Many retirees would consider that to be high. By the way, I would not consider that an "all-weather portfolio" given its perform...
by Call_Me_Op
Mon May 29, 2017 6:07 am
Forum: Investing - Help with Personal Investments
Topic: Pay Debt or invest with my Unique situation. Help!
Replies: 23
Views: 2201

Re: Pay Debt or invest with my Unique situation. Help!

If I were you, I would tighten-up elsewhere, continue the retirement investing, and pay off the student loans as aggressively as possible. Your income is high enough that you should be able to do both. You need to write-down a budget to illustrate where the money is going.
by Call_Me_Op
Sun May 28, 2017 2:28 pm
Forum: Investing - Help with Personal Investments
Topic: Buckets v Total Return and the Frequency of Withdrawal
Replies: 17
Views: 1458

Re: Buckets v Total Return and the Frequency of Withdrawal

I see no problem having a total return portfolio with a couple of years in cash. Living expenses come out of cash and cash is replenished nominally once per year.
by Call_Me_Op
Sun May 28, 2017 2:24 pm
Forum: Investing - Help with Personal Investments
Topic: EE and I Bonds
Replies: 44
Views: 4364

Re: EE and I Bonds

I see buying EE bonds as a form of diversification, since they act quite differently from most other securities.
by Call_Me_Op
Sun May 28, 2017 2:17 pm
Forum: Personal Consumer Issues
Topic: Risks of electronic access
Replies: 57
Views: 5353

Re: Risks of electronic access

You avoiding internet access will not solve the problem. If your identity is stolen, the thief can set-up internet access.
by Call_Me_Op
Sun May 28, 2017 12:05 pm
Forum: Investing - Theory, News & General
Topic: How many investment companies to have money in?
Replies: 41
Views: 3836

Re: How many investment companies to have money in?

I use multiple custodians (brokerages and banks) and find the extra paperwork, etc to be a non-issue. I enjoy the peace of mind. In addition, I can take advantage of what each institution has to offer.
by Call_Me_Op
Sat May 27, 2017 7:36 am
Forum: Investing - Theory, News & General
Topic: Interest Rates and rate increases
Replies: 5
Views: 940

Re: Interest Rates and rate increases

Fed doesn't have much leverage to lower rates multiple times w/ how low they are now. Kinda wondering why they weren't raised more in the past X years as the market was going up up up. Because the Fed is not supposed to take action based upon what the stock market is doing. It's dual mandate is to ...
by Call_Me_Op
Thu May 25, 2017 6:53 am
Forum: Investing - Theory, News & General
Topic: Zacks says sell Wellesley!?
Replies: 92
Views: 12007

Re: Zacks says sell Wellesley!?

dbr wrote:If Wellesley were really such a great fund people would not keep asking whether or not they should be invested in it.


Not sure I would blame the fund for that. It's the people who don't fully understand what they are investing in.
by Call_Me_Op
Wed May 24, 2017 6:51 am
Forum: Personal Finance (Not Investing)
Topic: Battle of Low Interest CD's
Replies: 5
Views: 1062

Re: Battle of Low Interest CD's

0.3% is a huge spread for only 90 days. I would buy the 180 day CD.
by Call_Me_Op
Wed May 24, 2017 6:48 am
Forum: Investing - Help with Personal Investments
Topic: Missed window for selling Fairholme Fund (FAIRX)?
Replies: 35
Views: 2239

Re: Missed window for selling Fairholme Fund (FAIRX)?

If I is not consistent with my investment philosophy, I would sell it immediately and re-deploy the assets.
by Call_Me_Op
Sat May 20, 2017 7:27 am
Forum: Investing - Theory, News & General
Topic: "Stocks, Bonds and Future Returns" by Prof. Jeremy Siegel
Replies: 65
Views: 6206

Re: "Stocks, Bonds and Future Returns" by Prof. Jeremy Siegel

Thanks Taylor! An excellent collection of historical data on investing.
by Call_Me_Op
Sat May 20, 2017 7:20 am
Forum: Investing - Help with Personal Investments
Topic: Convince me to get back into stocks!
Replies: 83
Views: 6824

Re: Convince me to get back into stocks!

We do not recommend timing the market. The first step is to convince yourself of the folly of taking your money out - especially at the age of 27. If I were you, I would decide on an AA consistent with my risk tolerance (which should be very high at 27) and then implement it. If the market tanks, yo...
by Call_Me_Op
Sat May 20, 2017 7:14 am
Forum: Personal Finance (Not Investing)
Topic: Job loss
Replies: 28
Views: 2737

Re: Job loss

Sounds like you are young, so I would think the logical step is to start looking for another job that offers comparable income and benefits.
by Call_Me_Op
Sat May 20, 2017 7:06 am
Forum: Investing - Theory, News & General
Topic: Demand for stocks too high? (investor behavior)
Replies: 20
Views: 2105

Re: Demand for stocks to high? (investor behavior)

While the demand for stocks has been increasing, the memory of 2008 still weighs heavily. All you can (intelligently) do is make sure your stock allocation is consistent with your risk tolerance and stay the course.
by Call_Me_Op
Fri May 19, 2017 8:21 am
Forum: Investing - Help with Personal Investments
Topic: I am a huge believer in Passive Indexing.. but.....
Replies: 42
Views: 3676

Re: I am a huge believer in Passive Indexing.. but.....

WolfgangPauli wrote:[list][*]Do I chalk this up to luck...


Yes
by Call_Me_Op
Thu May 11, 2017 6:55 am
Forum: Investing - Theory, News & General
Topic: Larry Swedroe on Challenges Of Managing Finances As We Age
Replies: 25
Views: 3902

Re: Larry Swedroe on Challenges Of Managing Finances As We Age

I think the biggest problem, probably more acute for single people, is that we will probably not be aware of cognitive decline. At the same time, I am very hesitant to trust someone else to manage my finances. It's a conundrum. Maybe I could trust Vanguard.
by Call_Me_Op
Thu May 11, 2017 6:42 am
Forum: Investing - Help with Personal Investments
Topic: Intermediate-Term Treasury vs Intermediate-Term Government ?
Replies: 7
Views: 1056

Re: Intermediate-Term Treasury vs Intermediate-Term Government ?

It's no mystery that agency bonds pay higher yield than treasury bonds. The reason? Treasury bonds are explicitly guaranteed by the US Government, while most agency debt is not.
by Call_Me_Op
Thu May 11, 2017 6:38 am
Forum: Investing - Theory, News & General
Topic: Gundlach shorts S&P 500, says passive investing is a 'myth'
Replies: 51
Views: 6690

Re: Gundlach shorts S&P 500, says passive investing is a 'myth'

Jack FFR1846 wrote:The only line in the entire article that's worth reading:

Due to high costs and poor performance, actively managed funds have seen massive outflows and passively managed funds have seen massive inflows.


:sharebeer
by Call_Me_Op
Thu May 11, 2017 6:32 am
Forum: Personal Finance (Not Investing)
Topic: Seeking advice for retirees (age 69, perhaps $3 MM) that are unhappy with their advisors
Replies: 34
Views: 3150

Re: Seeking advice for retirees (age 69, perhaps $3 MM) that are unhappy with their advisors

This post outlines the reason I would never use an advisor. The past 2 years should have been very profitable. Investing properly is not hard, they just make you think it is. In what other endeavor is taking a long nap (or a series of them) potentially highly profitable?