Search found 32707 matches

by Valuethinker
Sat Nov 18, 2017 9:19 am
Forum: Investing - Theory, News & General
Topic: Is holding bonds now dangerous?
Replies: 71
Views: 3944

Re: Is holding bonds now dangerous?

I would like to get a sampling of what people think about investing in bonds in the current environment. For the past 35 or so years, bond yields have on average declined, which has meant that bonds are both safe in terms of principal/interest and have also appreciated. However with interest rates ...
by Valuethinker
Sat Nov 18, 2017 6:32 am
Forum: Investing - Help with Personal Investments
Topic: Bitcoin
Replies: 131
Views: 10279

Re: Bitcoin

When you own companies that are profitable, those businesses grow in size. You receive dividends which when reinvested buy you more shares. If you buy 1 bitcoin, in 100 years you'll still just have 1 bitcoin. The value of that bitcoin may be more than you paid for it. But that's still gambling, not...
by Valuethinker
Fri Nov 17, 2017 7:36 am
Forum: Investing - Theory, News & General
Topic: Goldman Sachs mulls the death of the value factor
Replies: 18
Views: 1951

Re: Goldman Sachs mulls the death of the value factor

An interesting article from from GS explaining the reasons why value has underperformed for a long spell: https://www.bloomberg.com/news/articles/2017-06-08/goldman-sachs-mulls-death-of-value-investing-after-losing-decade . GS believes a conjunction of macroeconomic factors and monetary policy are ...
by Valuethinker
Fri Nov 17, 2017 7:32 am
Forum: Personal Finance (Not Investing)
Topic: How unwise is it to move to a high-tax fiscally-shaky state? (Connecticut)
Replies: 50
Views: 3619

Re: How unwise is it to move to a high-tax fiscally-shaky state? (Connecticut)

The salary bump from this move MAY have an effect on the pay at any subsequent jobs that you may or may not get. Do you expect this to be your final company? Ralph Interesting - how are you thinking of that? That a bump going to a HCOL area would help later? Or hurt? Odds that this is my final comp...
by Valuethinker
Fri Nov 17, 2017 7:31 am
Forum: Personal Finance (Not Investing)
Topic: How unwise is it to move to a high-tax fiscally-shaky state? (Connecticut)
Replies: 50
Views: 3619

Re: How unwise is it to move to a high-tax fiscally-shaky state? (Connecticut)

here are lots of good private colleges in New England and the Mid-Atlantic states, probably more than in many other parts of the country. There's even one in New Haven ;-) ... I was thinking of the cost issue. Although private colleges are famous, I suspect the majority of Americans actually attend...
by Valuethinker
Fri Nov 17, 2017 6:09 am
Forum: Investing - Theory, News & General
Topic: The World's Negative Interest Rate Experiment
Replies: 34
Views: 3194

Re: The World's Negative Interest Rate Experiment

Negative central bank policy rates are mostly applied to bank reserves kept on deposit with them in excess of what regulations require . Other than those, bond yields are set by continuous, ongoing auctions. Nobody buys a bond with a yield to maturity , YTM, lower than they will accept, even if it'...
by Valuethinker
Fri Nov 17, 2017 6:04 am
Forum: Investing - Theory, News & General
Topic: Buying and Spending Bitcoin
Replies: 43
Views: 2953

Re: Buying and Spending Bitcoin

At about a quarter to eight in the evening, I check the iPhone for about the millionth time. 0.006531 BTC Success! :sharebeer The transaction was confirmed. I looked on Block Explorer and it had 1 confirmation. Actually, it is never really complete. If you are selling something, they recommend that...
by Valuethinker
Fri Nov 17, 2017 6:01 am
Forum: Investing - Theory, News & General
Topic: Should you own only non-U.S. stocks?
Replies: 63
Views: 6044

Re: Should you own only non-U.S. stocks?

I just think it is foolish to say that valuations don't matter, they clearly do. None of this is exact, we can sustain high stock returns if P/E ratios keep expanding. But they won't keep expanding into infinity. At some point, there will be a reversion to the mean. At some point if this keeps us, ...
by Valuethinker
Fri Nov 17, 2017 5:53 am
Forum: Investing - Theory, News & General
Topic: How would one go about evaluating two different (but similar) bond etf funds?
Replies: 1
Views: 250

Re: How would one go about evaluating two different (but similar) bond etf funds?

How would one go about evaluating two different (but similar) bond ETF funds? I need to go through a list of bonds and determine funds that are a good substitute for one another. Our custodian is now charging a transaction fee for certain funds and I need to change the funds we use for monthly reti...
by Valuethinker
Thu Nov 16, 2017 5:32 pm
Forum: Personal Consumer Issues
Topic: BMW to Chevy Bolt?
Replies: 30
Views: 2147

Re: BMW to Chevy Bolt?

We worry that EVs have insufficient range. But we also worry that we may drive them too many miles in a year :? :? OP has not mentioned the BMW i3, but that might be a better choice from a seat/ interior finish viewpoint? (however, less range?). I agree with this sentiment. 2015 i3 RExs coming off ...
by Valuethinker
Thu Nov 16, 2017 5:27 pm
Forum: Investing - Theory, News & General
Topic: Buying and Spending Bitcoin
Replies: 43
Views: 2953

Re: Buying and Spending Bitcoin

Forgive my ignorance on monetary policy, but can the Federal Reserve come up with a cryptocurrency? In other words, can they decide one day that they will substitute the dollar for their own cryptocurrency? In Europe many countries were switched to the Euro in the not so distant past, could they do...
by Valuethinker
Thu Nov 16, 2017 4:23 pm
Forum: Personal Consumer Issues
Topic: BMW to Chevy Bolt?
Replies: 30
Views: 2147

Re: BMW to Chevy Bolt?

The lease is for 15k miles per year (45k miles total). My past history indicates that I drive 13k per year. Great! Sounds like everything would work out nicely for you. I know about lease mileage overages as my wife leased a Altima many years ago, and sure enough, she ran over her mileage limit. Sh...
by Valuethinker
Thu Nov 16, 2017 4:21 pm
Forum: Investing - Help with Personal Investments
Topic: Bitcoin: Significance of 12 transactions per second?
Replies: 28
Views: 2830

Re: Bitcoin: Significance of 12 transactions per second?

It did not exist prior to 2009. It has no inherent value. Where does such an asset fit into a plan we're supposed to follow for 30, 40 years? Nowhere. There are a lot of currencies that have no inherent value. The problems with bitcoin lie elsewhere. As a result I haven't purchased any bitcoins. Th...
by Valuethinker
Thu Nov 16, 2017 1:25 pm
Forum: Investing - Theory, News & General
Topic: Buying and Spending Bitcoin
Replies: 43
Views: 2953

Re: Buying and Spending Bitcoin

wow , in the future we wont need money at all... thats creepy! Bitcoin isn't money? Or did you mean simply no cash, just plastic? Not sure where USA is on this, but in the UK "touch and pay" chip credit and debit cards are big. And having sworn I'd never use it, I use it (credit card) that way all ...
by Valuethinker
Thu Nov 16, 2017 1:23 pm
Forum: Personal Consumer Issues
Topic: BMW to Chevy Bolt?
Replies: 30
Views: 2147

Re: BMW to Chevy Bolt?

Hi fellow bogleheads, I currently drive a 2012 BMW 335i coupe which comes off CPO warranty in 8 months from now. It has been a fairly reliable car, but has had about $5k in repairs under warranty. I am concerned about ongoing maintenance costs going forward. My local Chevy dealer has a 0 down 0 dri...
by Valuethinker
Thu Nov 16, 2017 12:54 pm
Forum: Investing - Help with Personal Investments
Topic: Bitcoin: Significance of 12 transactions per second?
Replies: 28
Views: 2830

Re: Bitcoin: Significance of 12 transactions per second?

How about "it is showing all the characteristics of an asset bubble?" The area is very speculative, but bubbles usually involve wide participation and high market caps. Cryptocurrencies are still very clunky to use, limiting the field to enthusiasts right now. The entire cryptocurrency space only h...
by Valuethinker
Thu Nov 16, 2017 12:45 pm
Forum: Personal Finance (Not Investing)
Topic: How unwise is it to move to a high-tax fiscally-shaky state? (Connecticut)
Replies: 50
Views: 3619

Re: How unwise is it to move to a high-tax fiscally-shaky state? (Connecticut)

... A significant consideration. In that UT at Austin is one of the best, and one of the best funded, state universities in America-- because UT has its own endowment from oil money, it's in a lot better shape than many (fine) state universities like Illinois and Wisconsin? But, then, getting into ...
by Valuethinker
Thu Nov 16, 2017 12:04 pm
Forum: Investing - Theory, News & General
Topic: Holding VTSAX only
Replies: 32
Views: 3029

Re: Holding VTSAX only

If you want to be 100% stocks, TSM is a fine choice, though I agree with those upthread who feel that some international exposure is helpful in this global world we live in. That said, you note you are young. Have you ever experienced a severe market downturn with this allocation? It's only during ...
by Valuethinker
Thu Nov 16, 2017 11:56 am
Forum: Investing - Theory, News & General
Topic: The World's Negative Interest Rate Experiment
Replies: 34
Views: 3194

Re: The World's Negative Interest Rate Experiment

Does the cash in the brokerage account also incur negative interest rate? There has to be better methods of storing money than putting the bundles in microwave. I don't think most Europeans have stockbroking accounts -- investing is done direct through banks or insurance companies. However a broker...
by Valuethinker
Thu Nov 16, 2017 11:53 am
Forum: Investing - Theory, News & General
Topic: The World's Negative Interest Rate Experiment
Replies: 34
Views: 3194

Re: The World's Negative Interest Rate Experiment

Wouldn't investors simply move toward investments with higher yields? Yes, this does appear to be happening to a degree. One interesting aspect is that foreign investors have even been piling into U.S. municipal bonds (chart below) — even though they can't take advantage of the tax benefits and are...
by Valuethinker
Thu Nov 16, 2017 11:51 am
Forum: Personal Finance (Not Investing)
Topic: How unwise is it to move to a high-tax fiscally-shaky state? (Connecticut)
Replies: 50
Views: 3619

Re: How unwise is it to move to a high-tax fiscally-shaky state? (Connecticut)

More great input, thanks. A few more responses: -I agree that living in Hartford has it's own challenges. We'd most likely be looking at cities on the west side of Hartford (in the Farmington Valley - Avon, Simsbury, Farmington most likely). So we definitely won't be in the municipality. More just ...
by Valuethinker
Thu Nov 16, 2017 11:49 am
Forum: Personal Finance (Not Investing)
Topic: How unwise is it to move to a high-tax fiscally-shaky state? (Connecticut)
Replies: 50
Views: 3619

Re: How unwise is it to move to a high-tax fiscally-shaky state? (Connecticut)

Offhand I'm surprised that people would specifically tag Connecticut as being a problem. I'm not really familiar with it (mostly drive through it) but I can't think of anything so awful about the state of Connecticut as a whole that would lead you to cross a job off the list if the job otherwise lo...
by Valuethinker
Thu Nov 16, 2017 11:46 am
Forum: Investing - Theory, News & General
Topic: Holding VTSAX only
Replies: 32
Views: 3029

Re: Holding VTSAX only

I borrowed the following from Taylor Larimore--some really good info. I basically only hold VTSAX--after doing some research, and figuring out my risk tolerance. I feel it is good for me...simple, boring, cheap, but in the end, hopefully, extremely effective. Do others follow the strategies of the ...
by Valuethinker
Thu Nov 16, 2017 10:50 am
Forum: Investing - Theory, News & General
Topic: Car loans vs. Home loans - Are markets efficient?
Replies: 12
Views: 1005

Re: Car loans vs. Home loans - Are markets efficient?

I had a thought earlier today and could not come up with a great solution on my own, so I'm hoping wiser Bogleheads than I can illuminate the subject. This is my question: Markets are efficient, right? That's a foundational premise of being a Boglehead. However, I notice that there are a lot of peo...
by Valuethinker
Thu Nov 16, 2017 10:45 am
Forum: Investing - Theory, News & General
Topic: The World's Negative Interest Rate Experiment
Replies: 34
Views: 3194

Re: The World's Negative Interest Rate Experiment

I'm curious if retail clients and the average person on the street ever saw negative interest rates on their deposits? Or is this the negative rate primarily between the central bank and other lending institutions? Oh they are quite real. You pay the bank for looking after your money. At least in S...
by Valuethinker
Thu Nov 16, 2017 10:42 am
Forum: Investing - Theory, News & General
Topic: Do you keep anything in your portfolio as a monument to your bad decisions?
Replies: 67
Views: 4224

Re: Do you keep anything in your portfolio as a monument to your bad decisions?

Nortel. It was 25% of Canadian stock market, and then dropped from $125 ish to $25. So I shrewdly " caught the falling knife". Broker did a "give commission to charity day" so I sold it for $0.01. It was in a tax protected account so could not use the capital loss. Say $6k down the drain - a useful...
by Valuethinker
Thu Nov 16, 2017 10:40 am
Forum: Investing - Theory, News & General
Topic: The World's Negative Interest Rate Experiment
Replies: 34
Views: 3194

Re: The World's Negative Interest Rate Experiment

when it ends it's going to end real BADLY!!! It hasn't ended in Japan, yet, and they've been experimenting with very low interest rates for over 2 decades. I think the ECB is going to be stuck, it's not going to be able to unwind QE for quite a long time to come. The Eurozone will neither spring to...
by Valuethinker
Thu Nov 16, 2017 9:49 am
Forum: Personal Finance (Not Investing)
Topic: How unwise is it to move to a high-tax fiscally-shaky state? (Connecticut)
Replies: 50
Views: 3619

Re: How unwise is it to move to a high-tax fiscally-shaky state? (Connecticut)

I spent quite a bit of time out in Hartford working with a client. Make sure you like the place. The countryside in CT is scenic, but Hartford is an extremely small city. Go one block in the wrong direction and you need to worry about being shot or mugged. Aside from that, dining options are fairly...
by Valuethinker
Thu Nov 16, 2017 9:43 am
Forum: Personal Finance (Not Investing)
Topic: How unwise is it to move to a high-tax fiscally-shaky state? (Connecticut)
Replies: 50
Views: 3619

Re: How unwise is it to move to a high-tax fiscally-shaky state? (Connecticut)

One thing to keep in mind is that if you move somewhere there is a good chance that your kids will end up settling down there which could be difficult for them with the expensive housing. I moved cross country to Atlanta in a corporate merger when my son was in middle school. The plan was that we w...
by Valuethinker
Thu Nov 16, 2017 9:39 am
Forum: Personal Finance (Not Investing)
Topic: How unwise is it to move to a high-tax fiscally-shaky state? (Connecticut)
Replies: 50
Views: 3619

Re: How unwise is it to move to a high-tax fiscally-shaky state? (Connecticut)

Thanks for all the thoughts so far. A few things in response to a some comments and questions so far: -We'd be going to the Hartford area - the job is in one of the western suburbs. -We don't actually like Texas all that much. It's fine, but we've liked other places much more. -We've lived in Bosto...
by Valuethinker
Thu Nov 16, 2017 9:35 am
Forum: Personal Consumer Issues
Topic: Has used furniture dropped in value dramatically?
Replies: 101
Views: 7074

Re: Has used furniture dropped in value dramatically?

I actually read an article about this recently. Sorry I can't remember where. The gist was that you can't give away antique furniture these days. The bottom has completely fallen out of the industry because millennials aren't buying it. Antiques shops -- the ones still in business -- have shifted t...
by Valuethinker
Thu Nov 16, 2017 9:32 am
Forum: Investing - Help with Personal Investments
Topic: Property company offering high yield
Replies: 5
Views: 442

Re: Property company offering high yield

Yeah, so it seems these are both limited companies (which anyone could set up). I had a read through their site. Your funds are basically received by an new company and invested from there. Your money is parceled with other investors. A new company rings alarm bells because couldn't someone set up ...
by Valuethinker
Thu Nov 16, 2017 8:47 am
Forum: Personal Consumer Issues
Topic: Regrets after reaching retirement?
Replies: 42
Views: 4201

Re: Regrets after reaching retirement?

Follow the Golden Rule in life and you will have no regrets. Treat yourself and others as you would like to be treated. Be nice to yourself. Moderation in everything, it's okay to spend for present consumption so long as you are spending (saving/investing) for future consumption. Do not be a miser,...
by Valuethinker
Thu Nov 16, 2017 8:43 am
Forum: Personal Finance (Not Investing)
Topic: Sobering article for my 25 year old self
Replies: 57
Views: 6509

Re: Sobering article for my 25 year old self

This article is one of the most compelling arguments for saving as much as possible I have found. Hopefully it will help some folks avoid getting into their 50s and suddenly realizing they have little hope of making it to financial independence. The good news in this article is if you save >50% inv...
by Valuethinker
Thu Nov 16, 2017 8:35 am
Forum: Personal Consumer Issues
Topic: Keurig died...what now?
Replies: 73
Views: 5087

Re: Keurig died...what now?

Aren't the cups those things use environmental disasters? True but think of all the plastic in your car. That's not good logic. Drunk driving will kill me so I should not give up smoking? Doing X will only save 20 dollars. But I waste 100 dollars here so there is no point? Anyways cars last an aver...
by Valuethinker
Thu Nov 16, 2017 5:33 am
Forum: Personal Consumer Issues
Topic: Better way to get rid of old fridge?
Replies: 38
Views: 2379

Re: Better way to get rid of old fridge?

Same here. I got a 'free' fridge from someone who had just pushed it to the curb and was hanging the sign. Best thing ever! Now it's in our garage, full of soda, beer, fruit cups & ice cream :beer Living in SoCal you would know this but one should always use a plug meter on an old fridge. It could ...
by Valuethinker
Wed Nov 15, 2017 4:20 pm
Forum: Investing - Help with Personal Investments
Topic: Property company offering high yield
Replies: 5
Views: 442

Re: Property company offering high yield

Hi all I am always skeptical when I hear about high yields being offered. My friend found this company and wanted my opinion. My friend spoke on the phone to this company and they told him about property that is going to be developed in Bristol in the UK and could offer a return of up to 40%. I wen...
by Valuethinker
Wed Nov 15, 2017 4:17 pm
Forum: Personal Consumer Issues
Topic: Better way to get rid of old fridge?
Replies: 38
Views: 2379

Re: Better way to get rid of old fridge?

Honestly, I would put it on Craigslist for $10. In my area, someone would buy it within an hour. Same here. I got a 'free' fridge from someone who had just pushed it to the curb and was hanging the sign. Best thing ever! Now it's in our garage, full of soda, beer, fruit cups & ice cream :beer Livin...
by Valuethinker
Wed Nov 15, 2017 4:13 pm
Forum: Investing - Help with Personal Investments
Topic: What can go wrong with multi family syndications?
Replies: 24
Views: 2573

Re: What can go wrong with multi family syndications?

Those returns are not unreasonable for these types of deals. They are real. BUT: the reason why they pay out those rates is that they are much more risky than a CD, a treasury, a Blue Chip, or even a small Cap stock. They can and do default (i.e. you can easily lose ALL of your investment) at a rea...
by Valuethinker
Wed Nov 15, 2017 4:08 pm
Forum: Investing - Help with Personal Investments
Topic: Bitcoin: Significance of 12 transactions per second?
Replies: 28
Views: 2830

Re: Bitcoin: Significance of 12 transactions per second?

I think good bitcoin criticism is beneficial. However, you might consider reviewing some of the more established sources of research on it. There's actually an in-depth bitcoin wiki, with over 1,000 pages: https://en.bitcoin.it/wiki/Main_Page . That wiki has its own page on scalability that's over ...
by Valuethinker
Wed Nov 15, 2017 4:05 pm
Forum: Investing - Help with Personal Investments
Topic: Property company offering high yield
Replies: 5
Views: 442

Re: Property company offering high yield

Hi all I am always skeptical when I hear about high yields being offered. My friend found this company and wanted my opinion. My friend spoke on the phone to this company and they told him about property that is going to be developed in Bristol in the UK and could offer a return of up to 40%. I wen...
by Valuethinker
Wed Nov 15, 2017 4:05 pm
Forum: Investing - Help with Personal Investments
Topic: Property company offering high yield
Replies: 5
Views: 442

Re: Property company offering high yield

Hi all I am always skeptical when I hear about high yields being offered. My friend found this company and wanted my opinion. My friend spoke on the phone to this company and they told him about property that is going to be developed in Bristol in the UK and could offer a return of up to 40%. I wen...
by Valuethinker
Wed Nov 15, 2017 3:54 am
Forum: Investing - Theory, News & General
Topic: GE and the myth of "safe blue-chip stocks"
Replies: 73
Views: 7124

Re: GE and the myth of "safe blue-chip stocks"

...As for the GE company, this is a very unique case. GE is much like an index fund... No, it isn't. It isn't regulated by the Investment Company Act of 1940. ...it has no restrictions it has too many of business. You name it. Like Litton Industries, ITT, and Ling-Temco-Vought. During 2008, the GE ...
by Valuethinker
Wed Nov 15, 2017 3:52 am
Forum: Investing - Theory, News & General
Topic: GE and the myth of "safe blue-chip stocks"
Replies: 73
Views: 7124

Re: GE and the myth of "safe blue-chip stocks"

Time for a contrarian view. Consider the quote below. We simply attempt to be fearful when others are greedy and to be greedy only when others are fearful. Yesterday, my wife took a long-term shot with some play money. Not a lot, mind you, but enough (for us). The price of GE is the lowest since th...
by Valuethinker
Tue Nov 14, 2017 6:43 pm
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 3054
Views: 901158

Re: What Movie Have You Recently Watched?

Blade Runner this afternoon. I agree with the 'way too long' comment, all scenes are drawn out and just last forever. Aside from that, I thought it was well done, the storyline did seem fairly coherent to me, and er, yeah, the bad guys were quite clearly identified (what is it with American movies ...
by Valuethinker
Tue Nov 14, 2017 6:35 pm
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 3054
Views: 901158

Re: What Movie Have You Recently Watched?

Dunkirk . An impressive technical achievement. But that's all it is. I'm not a fan of Christopher Nolan's films. The Big Sick . A very enjoyable comedy-drama. Recommended. Only the Brave . Old fashioned and well made. The cast is very good. Maybe w Dunkirk you had to have the great uncles. They cau...
by Valuethinker
Tue Nov 14, 2017 6:25 pm
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 3054
Views: 901158

Re: What Movie Have You Recently Watched?

Blade Runner 2049. I'm sorry I took the advice of several critics et al suggesting "see it on the largest screen possible." We did. The screen was great but the accompanying Dolby Sound actually shook seats at some points and was too loud throughout the screening. So hard to enjoy something that wa...
by Valuethinker
Tue Nov 14, 2017 6:18 pm
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 3054
Views: 901158

Re: What Movie Have You Recently Watched?

We’ve finally saw Superwoman from Redbox, my daughter gave this movie a thump up, but unfortunately we disagreed with her. I’m not sure I want to get Superman vs Batman. Back to watching the Great Escape on TV for the 4th or 5th time. It’s been running on our local TV. Wonder Woman? It's a feminist...
by Valuethinker
Tue Nov 14, 2017 5:59 pm
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 3054
Views: 901158

Re: What Movie Have You Recently Watched?

Blade Runner this afternoon. I agree with the 'way too long' comment, all scenes are drawn out and just last forever. Aside from that, I thought it was well done, the storyline did seem fairly coherent to me, and er, yeah, the bad guys were quite clearly identified (what is it with American movies ...
by Valuethinker
Tue Nov 14, 2017 5:47 pm
Forum: Investing - Theory, News & General
Topic: ADR, OTC non-US stocks
Replies: 23
Views: 1143

Re: ADR, OTC non-US stocks

katon - going back to your original question, this article by Deutsche Bank might help by providing a nice summary of the 4 types of ADR programs. It may help clarify the range of regulatory requirements involved, and OTC vs. exchange listings. https://www.adr.db.com/drweb/public/en/content/4233.ht...