Search found 117 matches

by Peppe
Fri Apr 08, 2011 12:38 pm
Forum: Investing - Theory, News & General
Topic: Average amount saved for retirement by age
Replies: 133
Views: 32263

I would just judge it based on where you are at vs where you want to be. Say we set a target income level? 50k after taxes. Multiply by x to determine a safe balance to withdraw that 50k from. If you believe a safe withdrawal will be 4% then x = 25. Somewhere in the 25-35 range should be a good appr...
by Peppe
Sat Feb 12, 2011 10:42 pm
Forum: Investing - Theory, News & General
Topic: VERSX or VEIEX -- question
Replies: 3
Views: 1104

Why not get the admiral shares direct from vanguard at the same expense ratio (.27) and no transaction cost?

You only need 10k to get admiral shares in a personal account.

VEMAX
by Peppe
Sat Jan 22, 2011 9:31 pm
Forum: Personal Finance (Not Investing)
Topic: Good laptop to recommend?
Replies: 54
Views: 6117

Try the Dell Scratch and Dent program. Great discount on good laptops. I second this, the dell outlet is fantastic. Deep discounts on fine machines with as long a warranty as you want (comes with 1 yr standard). I got a studio XPS 16 for ~$900 a couple years ago (retail ~$1500). The 16 is probably ...
by Peppe
Sat Mar 27, 2010 10:53 am
Forum: Investing - Theory, News & General
Topic: Who's website/blog is this? [allocationofassets.info]
Replies: 8
Views: 1462

Looks to just be sites trying to get some money through amazon affiliate/referral system.
by Peppe
Tue Mar 23, 2010 5:23 pm
Forum: Investing - Theory, News & General
Topic: Portfolio managment side work?
Replies: 60
Views: 7599

Admittedly bored at work.... cruising around the net on this topic. If you are managing less than 25 million then you can file with your state securities regulator office as a RIA. For most states it looks like you can be a RIA with a couple hundred in registration/licensing fees and document filing...
by Peppe
Tue Mar 23, 2010 1:07 pm
Forum: Investing - Theory, News & General
Topic: Portfolio managment side work?
Replies: 60
Views: 7599

Edward Jones model would be good for wannabe advisors... if you could use Vanguard or low cost funds for your clients (don't think you can). Their model is to have a lot of small advisor offices around the country. I am not too familiar with how they operate, but seems to be a local office of about ...
by Peppe
Mon Mar 22, 2010 11:30 pm
Forum: Investing - Theory, News & General
Topic: Portfolio managment side work?
Replies: 60
Views: 7599

There are some tools coming online. You might start with Fidelity RIA site: https://fiws.fidelity.com/advisor/portal/content?deeplink=yes&pageUniqueName=afc.content&itemCode=RD_13569_19434&renditionType=HTML&pos=T You might Google 'Rick Ferri' before you take his advice lightly. What...
by Peppe
Sat Sep 05, 2009 7:07 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Commercials and costs
Replies: 27
Views: 3878

I have seen a couple during the NFL pre-season. I think it was CBS, or on NFL network re-broadcast. I can't imagine pre-season spots are very expensive. It was simple and short ad as I recall. Will be interesting to see if they carry on into the regular season. Brand recognition can be a critical co...
by Peppe
Sat Aug 29, 2009 8:43 am
Forum: Investing - Theory, News & General
Topic: NY Times Article - Active vs Passive Investing
Replies: 21
Views: 3125

One can always look backwards and find a winner. I was thinking about this last night, so I decided to look at the details for each and every active fund in my portfolio vs. their benchmark and here's what I've found (using details from Morningstar albeit over the last 7 years of readily available ...
by Peppe
Wed Aug 26, 2009 9:59 pm
Forum: Investing - Theory, News & General
Topic: Vanguard's Website
Replies: 14
Views: 2396

I was actually looking at their site the other day to use as an example of a simple tiered horizontal menu to duplicate on an intranet site...

Now their menu is doing all sorts of stuff... horizontal tiers + drop downs.

Seems to work pretty well, but will take some adjusting.
by Peppe
Sun Aug 23, 2009 11:10 pm
Forum: Investing - Theory, News & General
Topic: Vanguard is owned by its investors. What does that mean?
Replies: 36
Views: 6155

Someone can probably explain these better than me... but this is how i reason it out: One thing to note is Vanguard has a unique structure in the mutual fund business (out of the top fund families). The fund family is structured to seek the lowest cost for investors. Each mutual fund is owned by its...
by Peppe
Sun Aug 23, 2009 12:41 pm
Forum: Investing - Theory, News & General
Topic: Vanguard is owned by its investors. What does that mean?
Replies: 36
Views: 6155

Some details of the plan would be nice, but taking guess at it: For the 'partnership plan' to gain X bonus dollars they have to save the company (which is the collection of vanguard funds) some amount greater than X. Net benefit to investors is a lower cost. Benefit to employees is increased pay. Be...
by Peppe
Sun Aug 23, 2009 12:26 am
Forum: Investing - Theory, News & General
Topic: How does average US consumer spend his paycheck Chart
Replies: 25
Views: 5886

My budget comes out pretty similar... 2 people 2 dogs. Taxes and Pre-tax Retirement comes out to just about 33% of gross pay. About 75% of net pay goes to expenses. 25% left for Roth/fun. Interesting to see how much money goes through our hands vs how much sticks.... happy to not be 'average' with n...
by Peppe
Thu Aug 13, 2009 6:38 pm
Forum: Investing - Theory, News & General
Topic: Totally Recovered From Losses
Replies: 51
Views: 6880

Balances at all time high, passed breakeven a while back... but like Emergdoc my contributions made up for all/most of the recovery. The current run up has brought the new 'net worth' highs. My 401k only lets me calculate a return up to 24 months, so today to august 2007 the account which includes c...
by Peppe
Wed Aug 12, 2009 10:47 pm
Forum: Investing - Theory, News & General
Topic: Retire at 38: Fantasy vs. Reality
Replies: 42
Views: 6210

Retire At Age 35 (or 45 or 55) Without Being A Millionaire Paul Terhorst was a successful CPA for an international accounting firm. At 33, he was making about $125,000 a year. When he gave it up, he was able to retire at age 35. He realized he could live a better life than ever before -- without ma...
by Peppe
Fri Aug 07, 2009 4:39 pm
Forum: Investing - Theory, News & General
Topic: Get ready for Commodity Crash II
Replies: 32
Views: 4527

After writing that post, I just sold 2000 barrels of oil for October delivery and bought 2000 barrels of oil for September delivery, picking up a credit of $2.13/bbl. Going to close the trade within two weeks. Will be interesting to see what happens to contango between now and then. Can you run thr...
by Peppe
Fri Jun 19, 2009 10:48 am
Forum: Investing - Theory, News & General
Topic: co-worker arguing for actively managed funds
Replies: 13
Views: 2012

LikeLivesoft said, compare the actively managed fund to an index that is similar to the stocks they are selecting. I believe the hot area this year is mid caps.

So you would compare active mid cap funds to indexed mid cap fund (VO up 7.4%).
by Peppe
Sun Jun 07, 2009 6:43 pm
Forum: Investing - Theory, News & General
Topic: Do Bogleheads Budget?
Replies: 113
Views: 15066

Same as a lot of you we don't have a budget just track the month to month expenses and make sure things are accounted for. Initially it was a budget to make sure our projected expenses where below our income once that was established we went about living. As the checking account accumulates we move ...
by Peppe
Thu Mar 26, 2009 11:56 am
Forum: Investing - Theory, News & General
Topic: How to get leveraged 30x ?
Replies: 19
Views: 3209

I don't know what rules the 'investment' banks had to operate under, but other US banks use fractional reserve system which appears to be an easy 10:1 leverage. If they buy any leveraged assets with that money then the effective leverage skyrockets. http://en.wikipedia.org/wiki/Fractional-reserve_ba...
by Peppe
Thu Nov 13, 2008 12:28 pm
Forum: Investing - Theory, News & General
Topic: Boglehead Sunny Sarkar in the news
Replies: 30
Views: 7961

Not sure if Sunny is using the FDIC insured account or just a brokerage account. I'm 26, so have been paperless banking from almost the start. Once i found the fidelity my smart cash account I was happy with my banking needs and finally stopped switching banks. Also find Yodlee invaluable for organi...
by Peppe
Thu Nov 06, 2008 5:14 pm
Forum: Investing - Theory, News & General
Topic: Current S&P 500 P/E ?
Replies: 18
Views: 4750

Not sure how often this is updated, but Vanguard lists it for its S&P 500 fund, under portfolio & management:
https://personal.vanguard.com/us/JSP/Funds/Profile/VGIFundProfile0040Content.jsf?tab=0&FundId=0040&FundIntExt=INT#hist::tab=2
by Peppe
Thu Nov 06, 2008 12:44 pm
Forum: Investing - Theory, News & General
Topic: A different approach to asset allocation
Replies: 1428
Views: 558388

I went to imageshack to upload the image: http://imageshack.us/ Once it uploads they give you a link to the image. Use the Img button on the post to start the image tag, enter the URL you got from imageshack, then close the image tag by clicking the button again. You should end up with something lik...
by Peppe
Wed Nov 05, 2008 3:01 pm
Forum: Investing - Theory, News & General
Topic: A different approach to asset allocation
Replies: 1428
Views: 558388

'Investing - Theory, News & General' MT has an investment theory. The theory has been applied by him and he discovered some implementation errors and we all learned from it. It has been more risky than the typical accumulators path, but that is not the question. Why should we ban talk of an idea...
by Peppe
Tue Nov 04, 2008 10:43 pm
Forum: Investing - Theory, News & General
Topic: Automatic value averaging?
Replies: 6
Views: 1629

That would be very nice to have, but I think most places reserve that for their Asset Management service. I don't think anyone offers automatic portfolio management to a target allocation. I would think it could be done with a web application, but no one has taken the time to do it. The closest exis...
by Peppe
Tue Nov 04, 2008 10:13 pm
Forum: Investing - Theory, News & General
Topic: Automatic value averaging?
Replies: 6
Views: 1629

Some balanced funds or target retirement funds might fit your goal. I believe vanguard's target retirement funds use new funds for daily balancing. I don't think you will find one fund or fund of funds that has the specific allocation you are after. 70/30 equity split/bond isn't too common and a 30%...
by Peppe
Tue Nov 04, 2008 5:44 pm
Forum: Investing - Theory, News & General
Topic: A different approach to asset allocation
Replies: 1428
Views: 558388

Graphed:

Image

Edit: didn't notice the different dates across the posts, Updated.
by Peppe
Sun Nov 02, 2008 8:32 am
Forum: Investing - Theory, News & General
Topic: Mythbusters: You Need Large Equity Allocation in Retirement
Replies: 39
Views: 7750

Re: Mythbusters: You Need Large Equity Allocation in Retirem

Gray: The 4% SWR typically leads to a large positive portfolio balance at the end of 30 years. Your example consumes all assets entirely. What happens if you live past 30 years? Not only that, but there's a much easier way to accomplish your task. A 60-year old male can buy an immediate annuity wit...
by Peppe
Fri Oct 31, 2008 3:15 pm
Forum: Investing - Theory, News & General
Topic: When do you jump back in?
Replies: 53
Views: 10415

You have given to little information for any real advice. What types of accounts are your current funds in? Tax differed? Taxable? Roth? How much money do you need for your expenses? How much will you get from Pension and Social Security? The size of the gap between expenses vs your expected income ...
by Peppe
Fri Oct 31, 2008 1:39 pm
Forum: Investing - Theory, News & General
Topic: When do you jump back in?
Replies: 53
Views: 10415

No one knows where we will be, so now is as good as tomorrow. You might start with the sticky in the 'Help with Personal Investments' forum. Investment planning: http://www.bogleheads.org/forum/viewtopic.php?t=6211 Working through those steps should help you define what kind of portfolio you need an...
by Peppe
Fri Oct 31, 2008 1:09 pm
Forum: Investing - Theory, News & General
Topic: How to calculate asset allocation in tax deferred accounts
Replies: 26
Views: 3501

Peppe, Are you applying the "Taxable = .85" to the whole balance or only to the cap gains? If the latter then it's pretty much what I do. I just ened up adding like three columns to my AA spreadsheet: basis, tax rate, and after-tax balance. Too simple to patent, but easy enough to use. So...
by Peppe
Fri Oct 31, 2008 12:20 pm
Forum: Investing - Theory, News & General
Topic: How to calculate asset allocation in tax deferred accounts
Replies: 26
Views: 3501

I normalize my accounts to their after tax value.
Account / Multiplier
Roth = 1
Roth 401k = 1

IRA = .75
401k = .75

Taxable = .85

I use my current federal tax bracket as the modifier for tax deffered (25%) and capital gains rate for taxable.
by Peppe
Tue Oct 28, 2008 3:01 pm
Forum: Investing - Theory, News & General
Topic: A different approach to asset allocation
Replies: 1428
Views: 558388

... The funny thing I realized today, after the liquidations overnight, was that I felt less anxious and was laughing more. All the stress of being near the barrier had gone away. How I Learned to Stop Worrying and Love the Margin Call. My utility increases on both sides of the barrier. Maybe that'...
by Peppe
Sun Oct 26, 2008 12:16 am
Forum: Investing - Theory, News & General
Topic: A different approach to asset allocation
Replies: 1428
Views: 558388

Can someone do a quick summary on what's the big deal with markettimer? from my glance at this posts, seems like this permabull unwisely tried buying the dip fallacy and got heavily burned, not once, not twice but multiple times. I don't really care about his loss of money. What i'm interested in i...
by Peppe
Fri Oct 24, 2008 7:32 am
Forum: Investing - Theory, News & General
Topic: Equity Futures markets suspended
Replies: 14
Views: 3350

Limit Down... you can still trade but not at any lower price until the market opens. This is what I understand will happen when the market opens.... the limit will be 10% down. If it hits this trading will be suspended for 2 minutes. Then it will reopen with a limit of 20% down. If it hits this it ...
by Peppe
Wed Oct 22, 2008 12:42 pm
Forum: Investing - Theory, News & General
Topic: A different approach to asset allocation
Replies: 1428
Views: 558388

One other interesting change, entirely consistent with finance theory, is my tolerance for higher interest rates. Let's assume a 5% equity risk premium and 4% interest rates. At 2x leverage, my expected return is 14%. Now, at 10x leverage, my expected return is 54%. Suddenly, I'm making minimum mon...
by Peppe
Mon Oct 06, 2008 9:07 pm
Forum: Investing - Theory, News & General
Topic: A different approach to asset allocation
Replies: 1428
Views: 558388

I'm confused you implied a few posts ago you will be averaging 300k a year for the first 5 years? You should write a book about this cause it has been a compelling thread, very interesting to watch... it could at least be chapter one leading into how you used the rest of your human capital. Is it Ph...
by Peppe
Mon Oct 06, 2008 3:21 pm
Forum: Investing - Theory, News & General
Topic: A different approach to asset allocation
Replies: 1428
Views: 558388

Rally at close help you or will it die after hours? I started a paper account at ToS(thinkorswim) today on my lunch hour and bought the deepest in the money LEAPs on some ETFs: Target: 15% SPY Large Cap Index 15% MDY MidCap Index 15% IWM Small Cap Index 15% IWN Small Cap Value Index 20% EFA EAFE Ind...
by Peppe
Mon Oct 06, 2008 1:08 pm
Forum: Investing - Theory, News & General
Topic: Don't forget: Big rally October 7th, 2008
Replies: 84
Views: 15780

Don Quixote is on Gutengburg.org, http://www.gutenberg.org/etext/996
by Peppe
Mon Oct 06, 2008 12:28 pm
Forum: Investing - Theory, News & General
Topic: Don't forget: Big rally October 7th, 2008
Replies: 84
Views: 15780

The chart CNBC shows for the VIX with 1987 on it shows something 160+. Its not a great chart, but shows a massive spike in 1987 and the rest is just minor peaks and valleys.
by Peppe
Sun Oct 05, 2008 1:31 pm
Forum: Investing - Theory, News & General
Topic: A different approach to asset allocation
Replies: 1428
Views: 558388

I wad reading over the early pages of the thread and most of the talk back then was about LEAPs.

I don't know if you mentioned it, but was there a reason you moved from LEAPS to S&P futures? I've heard of LEAP/Option roll can you do the same with futures and continuously roll them forward?
by Peppe
Fri Oct 03, 2008 11:30 am
Forum: Investing - Theory, News & General
Topic: A different approach to asset allocation
Replies: 1428
Views: 558388

Another thing on E-mini is that it is 100% electronic.

I believe the traditional S&P futures still runs in a pit.


$600 day on how much risked? That is more than most households make in traditional jobs or day trading.
by Peppe
Mon Sep 29, 2008 10:59 pm
Forum: Investing - Theory, News & General
Topic: A different approach to asset allocation
Replies: 1428
Views: 558388

I think i read you have been having delays with ACH transfers that has contributed to some forced selling.

Why don't you use a wire transfer? They should be same day transfer instantly usable.
by Peppe
Wed Sep 24, 2008 9:19 pm
Forum: Investing - Theory, News & General
Topic: TIPs went down lots why??
Replies: 21
Views: 4443

dividend date?
by Peppe
Tue Sep 23, 2008 8:31 am
Forum: Investing - Theory, News & General
Topic: Cramer: Sell everything..buy gold
Replies: 99
Views: 20536

Re: Cramer: Sell everything..buy gold

http://www.cnbc.com/id/26840500 Post subject: Cramer: Sell everything..buy gold He only said sell 20% to buy gold. He might have used the phrase sell everything you can till you have 20% reserve and buy gold. Still not great advice, but better than sell everything.... Mad Mondey, Best comedy show o...
by Peppe
Sun Sep 21, 2008 10:13 pm
Forum: Investing - Theory, News & General
Topic: Is there a bit of "disconnect" here?
Replies: 20
Views: 4216

Oz, You might find this old thread interesting, What factors have the greatest impact on portfolio size?: http://www.bogleheads.org/forum/viewtopic.php?t=2954 This board can cause information overload leading to analysis paralysis. I have learned a lot from this forum and for a while it was a fun ho...
by Peppe
Fri Apr 11, 2008 1:37 pm
Forum: Investing - Help with Personal Investments
Topic: Investing long term in a taxable account advice
Replies: 7
Views: 1716

You should consider all funds/accounts for retirement as a whole. Each one doesn't need to be diversified within itself, just the collection. Then your collection is hopefully optimized for tax efficiency. To your questions -- there are similar tax managed versions of some of the funds you listed. T...
by Peppe
Wed Apr 09, 2008 9:58 pm
Forum: Investing - Help with Personal Investments
Topic: portfolio critique for college student
Replies: 11
Views: 2243

The portfolio is basically Swenson's yale portfolio with just the equity side, which should be fine while you are young. Taxes will eat up a lot of returns in your current portfolio. Total stock market should be good in taxable, but total international and definitely REIT should be in tax differed. ...
by Peppe
Wed Apr 09, 2008 3:39 pm
Forum: Investing - Help with Personal Investments
Topic: Move $1m from T bills to Bonds... timing?
Replies: 6
Views: 1927

Once you make this exchange and want to use some of your bond holding... Someone here has described a withdrawal strategy when you have bonds in a tax exempt account and taxable investments. When you want to draw down some of the bonds you would initiate a series of trades: Sell stock in taxable equ...
by Peppe
Wed Apr 09, 2008 9:21 am
Forum: Investing - Help with Personal Investments
Topic: Vanguard ETF and and Flagship questions
Replies: 4
Views: 3455

1. Are Vanguard ETF's considered Vanguard holdings for purposes of calculating flagship status? I believe the answer is no if held at other brokerages and yes if held at vanguard brokerage services (VBS). 2. Is there any reason not to choose the Emerging Market ETF (VWO) over the Emerging Market In...
by Peppe
Mon Mar 24, 2008 5:28 pm
Forum: Investing - Help with Personal Investments
Topic: Problems with Direct Deposit?
Replies: 9
Views: 3879

I DD a portion to vanguard prime MMF each week. Friday is my payday. The MMF is purchased at close Friday and is visible/confirmed Saturday morning. With the markets closed Friday i would assume the purchase will go today at close, and be visible/confirmed tomorrow. I send the majority of my DD to a...

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