Search found 7688 matches

by tadamsmar
Tue Sep 18, 2018 7:56 am
Forum: Investing - Help with Personal Investments
Topic: How real is cyber risk?
Replies: 133
Views: 6611

Re: How real is cyber risk?

Note that you can get hacked and still be made whole by Vanguard. The idea is to strive to meet a standard. Striving to be unhackable is perhaps an impossible standard. But you can of course exceed Vanguard’s standard. I think it would be a bad idea to do a bunch of stuff and fail to meet Vanguard’...
by tadamsmar
Mon Sep 17, 2018 6:43 pm
Forum: Investing - Help with Personal Investments
Topic: How real is cyber risk?
Replies: 133
Views: 6611

Re: How real is cyber risk?

For Vanguard and other brokerage and mutual fund companies there is no federal regulation if you are hacked. Some firms offer a policy. Here is Vanguard policy about your responsibilities: https://personal.vanguard.com/us/help/SecurityOnlineFraudPledgeContent.jsp I found this requirement from Vangu...
by tadamsmar
Sat Sep 15, 2018 7:08 am
Forum: Investing - Help with Personal Investments
Topic: How real is cyber risk?
Replies: 133
Views: 6611

Re: How real is cyber risk?

For Vanguard and other brokerage and mutual fund companies there is no federal regulation if you are hacked. Some firms offer a policy. Here is Vanguard policy about your responsibilities: https://personal.vanguard.com/us/help/SecurityOnlineFraudPledgeContent.jsp I found this requirement from Vangu...
by tadamsmar
Sat Sep 15, 2018 4:34 am
Forum: Investing - Help with Personal Investments
Topic: How real is cyber risk?
Replies: 133
Views: 6611

Re: How real is cyber risk?

I think Vanguard would be responsible for that. I said "if you are hacked" and I meant you not Vanguard. I don't think that is the most likely scenario. All the cases I know of involved hacks of individual investors or seemed to involve hacks of individual investors. Never heard of a hack of a brok...
by tadamsmar
Fri Sep 14, 2018 9:07 pm
Forum: Investing - Help with Personal Investments
Topic: How real is cyber risk?
Replies: 133
Views: 6611

Re: How real is cyber risk?

Cyber risk is real: https://www.nytimes.com/interactive/2018/05/03/magazine/money-issue-bangladesh-billion-dollar-bank-heist.html, but it's nothing something I worry about much. If Vanguard or your bank account was hacked, I would expect you to eventually be made whole by the financial institutions...
by tadamsmar
Fri Sep 14, 2018 8:51 pm
Forum: Investing - Help with Personal Investments
Topic: How real is cyber risk?
Replies: 133
Views: 6611

Re: How real is cyber risk?

Cyber risk is real: https://www.nytimes.com/interactive/2018/05/03/magazine/money-issue-bangladesh-billion-dollar-bank-heist.html, but it's nothing something I worry about much. If Vanguard or your bank account was hacked, I would expect you to eventually be made whole by the financial institutions...
by tadamsmar
Fri Sep 14, 2018 6:12 pm
Forum: Investing - Help with Personal Investments
Topic: How real is cyber risk?
Replies: 133
Views: 6611

Re: How real is cyber risk?

Here is a recent hack, pump, and dump: https://www.cnbc.com/2017/10/30/day-trader-made-700000-in-a-scheme-targeting-hacked-online-brokerage-accounts-prosecutors-say.html But it looks like the brokerage firms picked up the bill, at least there is no mention of investor losses. One thing about this ki...
by tadamsmar
Fri Sep 14, 2018 5:19 pm
Forum: Investing - Help with Personal Investments
Topic: How real is cyber risk?
Replies: 133
Views: 6611

Re: How real is cyber risk?

Cyber risk is real: https://www.nytimes.com/interactive/2018/05/03/magazine/money-issue-bangladesh-billion-dollar-bank-heist.html, but it's nothing something I worry about much. If Vanguard or your bank account was hacked, I would expect you to eventually be made whole by the financial institutions...
by tadamsmar
Thu Sep 06, 2018 8:39 am
Forum: Personal Consumer Issues
Topic: Daily Driver (Car) Over 100K Miles?
Replies: 96
Views: 6844

Re: Daily Driver (Car) Over 100K Miles?

I own an older Subaru Forester with > 100K miles. I recently spent $750 on a timing belt replacement so probably will keep the car 'til it dies. Who else has a high mileage vehicle that's used as a daily driver? What type of vehicle is it, and how do you decide when to sell it? Do you buy another c...
by tadamsmar
Wed Sep 05, 2018 12:29 pm
Forum: Investing - Theory, News & General
Topic: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!
Replies: 1043
Views: 79961

Re: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!

Gort wrote:
Tue Sep 04, 2018 5:23 pm
959 posts.
Anxiously waiting for the Executive Summary.
Buy a target date fund.
by tadamsmar
Wed Sep 05, 2018 12:06 pm
Forum: Investing - Theory, News & General
Topic: Most commonly misused/misunderstood investing terms and concepts (on BH forum)
Replies: 220
Views: 11117

Re: Most commonly misused/misunderstood investing terms and concepts (on BH forum)

Simplicity is misunderstood on this forum. For a group that espouses simplicity as a core principle, things get complicated around here in a hurry. Sure does. The problem is, simplicity seems boring, so people make things complicated. But what simple really is hard, darn hard, given our human natur...
by tadamsmar
Wed Sep 05, 2018 9:26 am
Forum: Investing - Theory, News & General
Topic: Most commonly misused/misunderstood investing terms and concepts (on BH forum)
Replies: 220
Views: 11117

Re: Most commonly misused/misunderstood investing terms and concepts (on BH forum)

Misused/Misunderstood: 3) "John Bogle is the second coming of god and let's do 100% U.S. equity like he said" ... alright, I'll stop.. but his advice on international equity is misleading at the very least.There should be a lot of asterisks associate with his advice to stay 100% U.S. equity. * He a...
by tadamsmar
Tue Sep 04, 2018 5:24 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard free RMD service
Replies: 5
Views: 992

Re: Vanguard free RMD service

From Vanguard item above, note: Are a retired participant of an employer-sponsored plan of which Vanguard is the custodian, except 401(k)s. Enroll online for RMD calculation only. Request distributions separately. Sounds like there are plan specific concerns about 401(K) accounts, I would call them...
by tadamsmar
Tue Sep 04, 2018 8:32 am
Forum: Investing - Help with Personal Investments
Topic: Vanguard free RMD service
Replies: 5
Views: 992

Vanguard free RMD service

I tried to sign up my wife for the free RMD service, but I don't find any option for doing that. She is old enough. I have already addressed all RMDs for this year, but I was hoping to use the service for future years. Currently, the only account requiring RMDs is a Vanguard Individual 401K. Perhaps...
by tadamsmar
Sun Sep 02, 2018 5:52 pm
Forum: Personal Finance (Not Investing)
Topic: Do you have an umbrella policy?
Replies: 278
Views: 29140

Re: Umbrella insurance..who has it? Is it recommended?

Bogleheads, I just reviewed my coverage with USAA and got a quote for $1M umbrella insurance policy for auto/home liability for an extra $26 per month. I'm a bit ignorant on umbrella insurance so I have no idea if it’s necessary or overkill. I live in a HCOL area so my guess is the extra coverage i...
by tadamsmar
Fri Aug 31, 2018 7:31 pm
Forum: Investing - Theory, News & General
Topic: Most commonly misused/misunderstood investing terms and concepts (on BH forum)
Replies: 220
Views: 11117

Re: Most commonly misused/misunderstood investing terms and concepts (on BH forum)

I have the impression that the misuse and misunderstandings are mostly harmless in the Boglehead world, in that they somehow don't lead to really bad investing. One of the myth is the notion of reversion to the mean (defined as the predictable pendulum swing) does not imply that market timing is a f...
by tadamsmar
Fri Aug 31, 2018 7:17 pm
Forum: Investing - Theory, News & General
Topic: Most commonly misused/misunderstood investing terms and concepts (on BH forum)
Replies: 220
Views: 11117

Re: Most commonly misused/misunderstood investing terms and concepts (on BH forum)

Part of the problem may lie in different experts using very similar, if not identical, terminology to describe different phenomena. For instance, Jeremy Siegel's use of the term "return to the mean" seems to fly in the face of Bogle's characterization of "reversion to the mean" because Siegel says ...
by tadamsmar
Fri Aug 31, 2018 10:30 am
Forum: Investing - Theory, News & General
Topic: Most commonly misused/misunderstood investing terms and concepts (on BH forum)
Replies: 220
Views: 11117

Re: Most commonly misused/misunderstood investing terms and concepts (on BH forum)

Reversion to the mean – This one shows up continually and in almost every case the “mean” and corresponding timeframe are quite nebulous. It begs the question practically every time I see it used. It seems to be communicated more as an idea of the eventuality of shifting tides, or the pendulum swin...
by tadamsmar
Wed Aug 29, 2018 6:41 am
Forum: Investing - Help with Personal Investments
Topic: TSP G fund as only bond fund
Replies: 74
Views: 8415

Re: TSP G fund as only bond fund

Man it makes me so frustrated when I see that the G fund is yielding 3% right now with zero credit risk and zero duration, and I can't have it. Perhaps you can get a federal job. You can roll over your current retirement accounts to the TSP once your accounts are set up. And, it looks like you can ...
by tadamsmar
Tue Aug 28, 2018 3:07 pm
Forum: Investing - Help with Personal Investments
Topic: TSP G fund as only bond fund
Replies: 74
Views: 8415

Re: TSP G fund as only bond fund

I'm not sure there's much to deduce from the L fund architects about how balanced the F fund is otherwise from them recommending always having ~7% of your total TSP allocation in it, regardless of your equity or G fund levels. You can deduce no more or less than for any other efficient frontier ana...
by tadamsmar
Tue Aug 28, 2018 1:49 pm
Forum: Investing - Help with Personal Investments
Topic: TSP G fund as only bond fund
Replies: 74
Views: 8415

Re: TSP G fund as only bond fund

T's conclusion, "If you go all G for your bonds, then one can infer that you think you know better than the people who designed the L Funds," seemed like quite a stretch to me. Is that a fair inference? I don't think so. So, my original post was essentially poking fun at the idea that my decision 8...
by tadamsmar
Tue Aug 21, 2018 2:03 pm
Forum: Investing - Theory, News & General
Topic: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!
Replies: 1043
Views: 79961

Re: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!

wesgreen wrote: ↑Tue Aug 21, 2018 12:51 pm I can see Vanguard heading for a world of pain from angry investors some day if Intl. doesn't "revert to the mean" in a few years. Why would Vanguard be heading for a world of pain? No major mutual fund company advocates no international in your AA. They a...
by tadamsmar
Mon Aug 20, 2018 4:40 pm
Forum: Investing - Theory, News & General
Topic: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!
Replies: 1043
Views: 79961

Re: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!

Suddenly, tilting from ~50/50 to 100% US seems like an extreme position , requiring a robust rational that encompasses market theory and data. I'm not against tilting for good reasons, but the argument needs to come from the right starting point. I suppose it all depends on how you define "extreme....
by tadamsmar
Mon Aug 20, 2018 12:24 pm
Forum: Investing - Theory, News & General
Topic: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!
Replies: 1043
Views: 79961

Re: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!

Here the telltale chart for international vs US: https://www.fidelity.com/bin-public/060_www_fidelity_com/images/Viewpoints/II/international_stock_update_chart2.jpg Bogle omits this one from his famous presentation "The Telltale Chart": https://www.vanguard.com/bogle_site/sp20020626.html And how ar...
by tadamsmar
Mon Aug 20, 2018 12:11 pm
Forum: Investing - Theory, News & General
Topic: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!
Replies: 1043
Views: 79961

Re: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!

Here the telltale chart for international vs US: https://www.fidelity.com/bin-public/060_www_fidelity_com/images/Viewpoints/II/international_stock_update_chart2.jpg Bogle omits this one from his famous presentation "The Telltale Chart": https://www.vanguard.com/bogle_site/sp20020626.html Source? Th...
by tadamsmar
Mon Aug 20, 2018 10:08 am
Forum: Investing - Theory, News & General
Topic: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!
Replies: 1043
Views: 79961

Re: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!

Here the telltale chart for international vs US:

Image

Bogle omits this one from his famous presentation "The Telltale Chart":

https://www.vanguard.com/bogle_site/sp20020626.html
by tadamsmar
Sun Aug 19, 2018 11:34 am
Forum: Investing - Theory, News & General
Topic: Remind me (again) how real estate isn't a GREAT investment?
Replies: 158
Views: 13639

Re: Remind me (again) how real estate isn't a GREAT investment?

You are comparing leveraged apples to apples when you compare mortgaged real estate to stock investing. You could juice the return on stocks with leverage. You could buy some stock and leverage it up to the point where the dividends equaled the loan interest. You could hock your house and buy stock ...
by tadamsmar
Sun Aug 19, 2018 2:23 am
Forum: Investing - Theory, News & General
Topic: Remind me (again) how real estate isn't a GREAT investment?
Replies: 158
Views: 13639

Re: Remind me (again) how real estate isn't a GREAT investment?

This shows the percentage of homes in various markets where rent covers fixed costs: https://www.zillow.com/research/where-rent-covers-mortgage-15624/ But this does not include maintenance or opportunity costs for the down payment and assumes the property is always rented. Still not clear how often ...
by tadamsmar
Sat Aug 18, 2018 5:53 pm
Forum: Investing - Theory, News & General
Topic: Remind me (again) how real estate isn't a GREAT investment?
Replies: 158
Views: 13639

Re: Remind me (again) how real estate isn't a GREAT investment?

One thing about DIY real estate management, you may get old and not want to do it anymore or be unable to do it well. You can try to find a rental agent that is reliable and not too expensive. The ideal situation is to have kids that you trust who want to take over. Or you can sell out and pay the c...
by tadamsmar
Sat Aug 18, 2018 5:17 pm
Forum: Investing - Theory, News & General
Topic: Remind me (again) how real estate isn't a GREAT investment?
Replies: 158
Views: 13639

Re: Remind me (again) how real estate isn't a GREAT investment?

I think this is a pretty good list of what being your own rental agent entails:

https://www.millhouseproperties.com/man ... -services/

Does not include your own liability insurance or taxes. An umbrella policy will cover a few rentals. Not sure what happens if you make a claim.
by tadamsmar
Fri Aug 17, 2018 1:06 pm
Forum: Investing - Theory, News & General
Topic: How to Underperform the Market
Replies: 48
Views: 4921

Re: How to Underperform the Market

It would be interesting if there was a mutual fund that absorbed the inflows/outflows from other funds of the same mutual fund company. It could have a very low fee because it reduces the need/cost for the mutual fund company to go trade in the market. It would be contrarian to the relative inflows ...
by tadamsmar
Fri Aug 17, 2018 2:30 am
Forum: Investing - Theory, News & General
Topic: How to Underperform the Market
Replies: 48
Views: 4921

Re: How to Underperform the Market

Dalbar has serious methodological flaws, Wade Pfau finds: "However, my concern is that the quantitative results of the study do not properly measure the underperformance of investors. DALBAR’s method for calculating average investor returns unfairly understates these returns. There is a methodologic...
by tadamsmar
Thu Aug 16, 2018 5:40 pm
Forum: Investing - Theory, News & General
Topic: How to Underperform the Market
Replies: 48
Views: 4921

Re: How to Underperform the Market

The claims usual cite the Dalbar study, and suggest that the average investor loses because their emotions cause them to buy high and sell low, or something to that effect. My logic says that it insufficient just buy high and sell low to lose money where high and low are predicted on past data. My ...
by tadamsmar
Thu Aug 16, 2018 3:49 pm
Forum: Investing - Theory, News & General
Topic: How to Underperform the Market
Replies: 48
Views: 4921

Re: How to Underperform the Market

The claims usual cite the Dalbar study, and suggest that the average investor loses because their emotions cause them to buy high and sell low, or something to that effect. My logic says that it insufficient just buy high and sell low to lose money where high and low are predicted on past data. My ...
by tadamsmar
Wed Aug 15, 2018 12:18 pm
Forum: Investing - Theory, News & General
Topic: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!
Replies: 1043
Views: 79961

Re: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!

Depends on your dating of the Fall of Rome ;-). Note that the Roman Republic lasted a lot shorter time. The Roman Empire was very different - it was deliberately multicultural (making citizens of prominent members of *all* the subject peoples) and latterly Rome was capital in name only - the real c...
by tadamsmar
Wed Aug 15, 2018 10:12 am
Forum: Investing - Theory, News & General
Topic: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!
Replies: 1043
Views: 79961

Re: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!

Depends on your dating of the Fall of Rome ;-). Note that the Roman Republic lasted a lot shorter time. The Roman Empire was very different - it was deliberately multicultural (making citizens of prominent members of *all* the subject peoples) and latterly Rome was capital in name only - the real c...
by tadamsmar
Wed Aug 15, 2018 9:55 am
Forum: Investing - Theory, News & General
Topic: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!
Replies: 1043
Views: 79961

Re: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!

HuckFinn,

You need to quit diversifying.

If you diversify, there is anyways something performing badly.

Put is all in a savings account and ignore inflation so that you will be able to believe that everything is going up.
by tadamsmar
Tue Aug 14, 2018 3:28 pm
Forum: Investing - Help with Personal Investments
Topic: How to make a withdrawal from a Vanguard Individual 401k?
Replies: 3
Views: 303

Re: How to make a withdrawal from a Vanguard Individual 401k?

I think I figured it out. There is a Vanguard form I had to fill out. One of the forms here for Individual 401(k): https://personal.vanguard.com/us/litfulfillment/ELFMainResults?cat=MAFM&subCat1=BYSL&subCat2= I used the form for a single distribution. Had to snailmail it in. I guess I will know in a...
by tadamsmar
Tue Aug 14, 2018 1:17 pm
Forum: Investing - Help with Personal Investments
Topic: How to make a withdrawal from a Vanguard Individual 401k?
Replies: 3
Views: 303

How to make a withdrawal from a Vanguard Individual 401k?

I logged into Vanguard the regular way and the account is listed. But when I try to make a withdrawal, it says I am not authorized to transact. If I log into the Vanguard small business account, it shows nothing about making a withdrawal. Is there some kind of special way to do this? I need to do RM...
by tadamsmar
Tue Aug 14, 2018 9:56 am
Forum: Personal Consumer Issues
Topic: Books - Your 3 Best - (Nonfiction, Fiction, Financial/Investing)
Replies: 48
Views: 5349

Re: Books - Your 3 Best - (Nonfiction, Fiction, Financial/Investing)

My best that you did not list

Fiction:
Thirteen Moons by Frazier
Islands in the Stream by Hemingway

Non-Fiction:
Learned Optimism
A Manual for Living by Epictetus https://www.amazon.com/gp/product/00625 ... bl_vppi_i1
T. S. Elliot complete poems and plays
by tadamsmar
Tue Aug 14, 2018 8:57 am
Forum: Personal Consumer Issues
Topic: Key West Family Vacation - February
Replies: 25
Views: 1793

Re: Key West Family Vacation - February

Had no idea Key West would be such a passionate "Go!" No, don't go! topic. We've traveled quite a bit and our kids are pretty worldly for their age so I'm not worried about them seeing something inappropriate in a storefront window. They've been to Ptown in the height of the summer and had a blast....
by tadamsmar
Mon Aug 13, 2018 8:34 am
Forum: Personal Consumer Issues
Topic: Key West Family Vacation - February
Replies: 25
Views: 1793

Re: Key West Family Vacation - February

Zachary Taylor State Park is a good place to hang out.

http://www.fortzacharytaylor.com/
by tadamsmar
Sun Aug 12, 2018 10:50 am
Forum: Personal Consumer Issues
Topic: radon mitigation exposure concern, are we at risk?
Replies: 59
Views: 4105

Re: radon mitigation exposure concern, are we at risk?

So basically the pooled studies, American and European, have not found enough evidence to say that low-level radon exposure (100 Bq/m^3) causes lung cancer. Apparently not enough evidence to even say that it is correlated. The only conclusion they can draw is that low-level radon exposure (100 Bq/m...
by tadamsmar
Sun Aug 12, 2018 9:58 am
Forum: Personal Consumer Issues
Topic: radon mitigation exposure concern, are we at risk?
Replies: 59
Views: 4105

Re: radon mitigation exposure concern, are we at risk?

It seems like the language is carefully chosen. Why don't they just flat say "low-level radon exposure (100 Bq/m^3) causes lung cancer"? Why is that not the conclusion of the pooled study. Why say associated and not say causes? Associations may not be causal. Maybe the people who don't test or reme...
by tadamsmar
Sun Aug 12, 2018 7:31 am
Forum: Personal Consumer Issues
Topic: radon mitigation exposure concern, are we at risk?
Replies: 59
Views: 4105

Re: radon mitigation exposure concern, are we at risk?

There is direct evidence that low levels (100 Bq/m3 or 2.7 pCi/L) of radon lead to lung cancer: https://www.epa.gov/radon/health-risk-radon#iowa https://www.epa.gov/sites/production/files/2014-08/documents/euro_rn_pooling.pdf Caoimhin Connell and others seem to ignore the direct evidence. Connell sa...
by tadamsmar
Thu Aug 09, 2018 8:18 pm
Forum: Personal Consumer Issues
Topic: radon mitigation exposure concern, are we at risk?
Replies: 59
Views: 4105

Re: radon mitigation exposure concern, are we at risk?

But if your next door neighbor had a high enough level to need mitigation then you should test your home. The EPA discourages that sort of conditional thinking, they just recommend testing. In the house that originally triggered the concern about radon: "state health officials found radon levels of...
by tadamsmar
Thu Aug 09, 2018 6:08 pm
Forum: Personal Consumer Issues
Topic: radon mitigation exposure concern, are we at risk?
Replies: 59
Views: 4105

Re: radon mitigation exposure concern, are we at risk?

One of the biggest scams any homeowner can ever experience. Like others said...radon is everywhere. When you invite someone into your home to test for radon levels...how many times do you think they tell you its ok? Negative tests happen, as reported on this thread 3 hours before your post: https:/...
by tadamsmar
Thu Aug 09, 2018 10:25 am
Forum: Personal Consumer Issues
Topic: radon mitigation exposure concern, are we at risk?
Replies: 59
Views: 4105

Re: radon mitigation exposure concern, are we at risk?

Sola dosis fact venenum. The Dose makes the Poison. This basic principle of toxicology is credited to Paracelsus. "All things are poison and nothing is without poison; only the dose makes a thing not a poison." So what dose makes radon a poison and at what level is it safe? Here's a table Table 8.4...
by tadamsmar
Thu Aug 09, 2018 7:55 am
Forum: Personal Consumer Issues
Topic: radon mitigation exposure concern, are we at risk?
Replies: 59
Views: 4105

Re: radon mitigation exposure concern, are we at risk?

The laws do not protect you from buying a home with high levels of radon. The law provides little or no protection. https://radonresources.com/blog/are-there-state-radon-laws-that-require-testing-and-mitigation/ The link above provides a list of states that require warnings. I have bought homes in o...