Search found 32478 matches

by Valuethinker
Sat Oct 21, 2017 5:19 pm
Forum: Investing - Theory, News & General
Topic: TIAA Trouble [NY Times: TIAA pushes clients to high fee products]
Replies: 21
Views: 1555

Re: TIAA Trouble [NY Times: TIAA pushes clients to high fee products]

Meta critic said: "...That said, I actually like their life insurance products and hold term life insurance with them. Rates are competitive, and I can't imagine they won't honor the contract if/when it becomes an issue". What do you/other BH's consider 'competitive' life insurance rates ? I too ha...
by Valuethinker
Sat Oct 21, 2017 10:24 am
Forum: Personal Consumer Issues
Topic: Turn fridge off when gone or leave it running?
Replies: 31
Views: 47339

Re: Turn fridge off when gone or leave it running?

As far as electrical cost of leaving refrigerator off or running for extended period of time: My friend & I each have condos in the same Florida community. When we weren't there for several months this summer, he left his refrigerator running and I turned mine off (after taking out the food and lea...
by Valuethinker
Sat Oct 21, 2017 9:02 am
Forum: Investing - Theory, News & General
Topic: Long term viability of Real Estate as an asset class
Replies: 2
Views: 250

Re: Long term viability of Real Estate as an asset class

I understand Vanguard Total Market has Real Estate inbuilt in it. This question is for those who own Real Estate as a separate weighting in their portfolio. I currently have 6% weight to real estate (3%VNQ and 3% VNQI). I want to increase this to 10 % (5% VNQ and 5% VNQI). I am not worried about sh...
by Valuethinker
Sat Oct 21, 2017 7:25 am
Forum: Investing - Theory, News & General
Topic: Currency risk?
Replies: 40
Views: 1984

Re: Currency risk?

As an interesting side note, currency risk is even at play when holding a US total market fund, like VTSAX, to some degree. This is because of the large amount of outsourcing done many US companies; especially in the tech sector (which is a large part of the US economy). At my own company (a mid-ca...
by Valuethinker
Sat Oct 21, 2017 6:47 am
Forum: Investing - Help with Personal Investments
Topic: Canadian with $250 k (CAD) to invest. Need help with Asset Allocation.
Replies: 10
Views: 670

Re: Canadian with $250 k (CAD) to invest. Need help with Asset Allocation.

I am curious what Bogle would recommend for someone living outside of the US and not a citizen, given his overall tepid feelings towards international investing. AFAIK he has never touched upon it. I haven't surfed the Vanguard UK site (they have just opened up here) to see what they recommend. The...
by Valuethinker
Sat Oct 21, 2017 6:41 am
Forum: Investing - Theory, News & General
Topic: Why is inflation so low? Moore's law?
Replies: 31
Views: 3905

Re: Why is inflation so low? Moore's law?

Low inflation is necessary to accommodate the decline in real wages occurring in the US and developed economies. Demographics don't help either as diverting productivity into less efficient parts of the economy (health care/Medicare) provides less real GDP. Hmm. Isn't healthcare part of real GDP? I...
by Valuethinker
Sat Oct 21, 2017 6:38 am
Forum: Investing - Theory, News & General
Topic: Why is inflation so low? Moore's law?
Replies: 31
Views: 3905

Re: Why is inflation so low? Moore's law?

There is the concept of 'disinflation', that each sector of the economy has a different rate of inflation, depending on its usage of improving technology. And the overall 'inflation rate' is GDP-weighted average of these different numbers. The ruthless math result is that any sector that relies on ...
by Valuethinker
Sat Oct 21, 2017 6:36 am
Forum: Personal Consumer Issues
Topic: Visiting the Great Barrier Reef
Replies: 20
Views: 1227

Re: Visiting the Great Barrier Reef

The distance from Sydney to Cairns is 1500 miles. Imagine if you lived in Houston, TX and had visitors come in to town. You make a decision everyone should drive 1400 miles to Washington... Living in Florida I likened it myself to driving all the way from Maine to visit Disney World, then driving a...
by Valuethinker
Sat Oct 21, 2017 6:27 am
Forum: Investing - Help with Personal Investments
Topic: Currency Question on UK/USA Investments (+ Should I Trust the UK?)
Replies: 3
Views: 200

Re: Currency Question on UK/USA Investments (+ Should I Trust the UK?)

Hello Bogleheads! This is my first post. Please don't be too harsh :-) I love the work of this forum. The books of Bogle and this forum have truly helped me gain confidence to shift my money into the markets. I now have a question! :-) I'm in the process of selling a lot of property, and buying a v...
by Valuethinker
Sat Oct 21, 2017 6:14 am
Forum: Investing - Theory, News & General
Topic: 4% SWR Rule in Other Countries
Replies: 13
Views: 1206

Re: 4% SWR Rule in Other Countries

Somewhere recently I heard that the 4% rule did not work in 6 of 8 developed countries looked at. Honestly I didn't get all the info and should have. But this brings to mind the obvious question: Is the 4% rule just a fluke of the USA in the 20th century? (I sincerely apologize for starting YET ANO...
by Valuethinker
Fri Oct 20, 2017 4:52 pm
Forum: Investing - Help with Personal Investments
Topic: Looming Retirement & Market Jitters
Replies: 43
Views: 3124

Re: Looming Retirement & Market Jitters

I am planning to retire from a second career (federal employee, 10 years of service) in 18 months, give or take a month or so. Would like to retire today, but holding out for eligibility for lifetime healthcare coverage in retirement (requires a minimum of 10 years of service). I'm 56, divorced and...
by Valuethinker
Fri Oct 20, 2017 4:44 pm
Forum: Investing - Help with Personal Investments
Topic: Looming Retirement & Market Jitters
Replies: 43
Views: 3124

Re: Looming Retirement & Market Jitters

I am planning to retire from a second career (federal employee, 10 years of service) in 18 months, give or take a month or so. Would like to retire today, but holding out for eligibility for lifetime healthcare coverage in retirement (requires a minimum of 10 years of service). I'm 56, divorced and...
by Valuethinker
Fri Oct 20, 2017 12:11 pm
Forum: Personal Consumer Issues
Topic: Visiting the Great Barrier Reef
Replies: 20
Views: 1227

Re: Visiting the Great Barrier Reef

How does one set off on a "day or two" drive without checking the distances or drive times? I knew a British military officer who flew to NYC thinking he would drive up to Toronto for a wedding, pre WWW and Google days. "Looked close together on the map". I've run into a few South Africans who set ...
by Valuethinker
Fri Oct 20, 2017 3:05 am
Forum: Personal Consumer Issues
Topic: Visiting the Great Barrier Reef
Replies: 20
Views: 1227

Re: Visiting the Great Barrier Reef

Tragically I have heard a sustantial portion of the reef is dying or has died due to warming waters Your tales of your 3rd diver chill my bones. This is how people get killed. (I also believe cage diving with sharks is very bad because it only habituates them to humans; but that's another story). T...
by Valuethinker
Fri Oct 20, 2017 2:58 am
Forum: Investing - Help with Personal Investments
Topic: Out of BND and into VTI or VEU?
Replies: 21
Views: 1496

Re: Out of BND and into VTI or VEU?

I have the following distribution in my 401K 25% BND 44% VTI 31% VEU The return on BND seems to be mostly in the annual dividends of 2.6%, while VTI and VEU are up about 15-17% this year. I'm 37 years old and I have a healthy portfolio of stocks (individual stocks) and savings. My question is this:...
by Valuethinker
Wed Oct 18, 2017 4:56 pm
Forum: Investing - Theory, News & General
Topic: Odds against Renaissance Medallion Fund if Efficient Markets Hypothesis is valid?
Replies: 18
Views: 1257

Re: Odds against Renaissance Medallion Fund if Efficient Markets Hypothesis is valid?

Challenge to statisticians: If markets are 100%, or 95%, or 90% "efficient", can you compute the odds against Renaissance Medallion Fund posting these annual returns since 1988? https://www.bloomberg.com/news/articles/2016-11-21/how-renaissance-s-medallion-fund-became-finance-s-blackest-box There i...
by Valuethinker
Tue Oct 17, 2017 10:06 am
Forum: Personal Consumer Issues
Topic: Is Florida Over, 2017
Replies: 48
Views: 5606

Re: Is Florida Over, 2017

I know we have this discussion every now and then, but as I review past threads, and think about this summer, I feel like it's time to ask again: would you move to Florida or invest in Florida real estate? Because I have a property in Sarasota, a lot I wanted to build something on, and I was workin...
by Valuethinker
Tue Oct 17, 2017 9:56 am
Forum: Personal Consumer Issues
Topic: Is Florida Over, 2017
Replies: 48
Views: 5606

Re: Is Florida Over, 2017

Bogleheads: I live in Miami on the shore of Biscayne Bay. I grew up as a little boy next door. I see little difference in the water level. What has risen is property value and taxes. Best wishes. Taylor Taylor The official data for Miami is available: https://tidesandcurrents.noaa.gov/sltrends/sltr...
by Valuethinker
Tue Oct 17, 2017 9:52 am
Forum: Personal Consumer Issues
Topic: Is Florida Over, 2017
Replies: 48
Views: 5606

Re: Is Florida Over, 2017

isnt inland (orlando) much safer from hurricanes? Not really. Orlando's been hit pretty hard. People in California have managed to deal with the earthquake situation. I think our building codes are similarly effective at hurricanes. Personally, I have never been affected or known anyone that was af...
by Valuethinker
Tue Oct 17, 2017 9:45 am
Forum: Personal Consumer Issues
Topic: Is Florida Over, 2017
Replies: 48
Views: 5606

Re: Is Florida Over, 2017

I live on the east coast of Florida about 1/4 mile from the ocean and my house is 12 ft AMSL. Throughout the 40 years I have lived here and during all the hurricanes and nor'easters we have experienced the ocean water has never come anywhere near my house. The closest was probably 1/4 mile minus 10...
by Valuethinker
Tue Oct 17, 2017 8:35 am
Forum: Investing - Theory, News & General
Topic: Life-insurance for young couple. Advice?
Replies: 23
Views: 1772

Re: Life-insurance for young couple. Advice?

I appreciate the comments. We do have wills and trusts set up, including the provision of conversion to a special needs trust in the event of our deaths. Also in about a week I will be visiting a non profit firm that specializes in life planning for special needs people. I will get their advice and...
by Valuethinker
Tue Oct 17, 2017 8:29 am
Forum: Investing - Theory, News & General
Topic: Life-insurance for young couple. Advice?
Replies: 23
Views: 1772

Re: Life-insurance for young couple. Advice?

I got a 20 year term policy a few years ago after my first child. My wife has a good job and health care if she needs it, so I just got it to pay off the house and kids college if needed. I pay $31 a month for $500,000. I work in a high risk field, so it's a good move for my family. My agent tried ...
by Valuethinker
Tue Oct 17, 2017 3:58 am
Forum: Investing - Theory, News & General
Topic: Currency risk?
Replies: 40
Views: 1984

Re: Currency risk?

I think one of the reasons for differences in opinions on international and currency exposure is their base frame of reference. What do I mean by this - those that see exposure to other currency variation as of no value, and only negative added volatility are measuring their situation based on a vi...
by Valuethinker
Tue Oct 17, 2017 3:39 am
Forum: Investing - Theory, News & General
Topic: How to learn about financial statement analysis?
Replies: 17
Views: 1230

Re: How to learn about financial statement analysis?

I am becoming interested in financial statements - it's actually quite fun when you begin to see how things fit together within a statement or across different statements. I remember when I was at university people thought that accountancy is really boring, but it doesn't seem to be that way to me ...
by Valuethinker
Mon Oct 16, 2017 2:36 pm
Forum: Investing - Theory, News & General
Topic: Investing in the UK as non-resident
Replies: 3
Views: 279

Re: Investing in the UK as non-resident

Thank you very much for the advice, Valuethinker. I believe that the sunk cost fallacy you mentioned applies very much to my situation and I will consider repatriating my remaining GBP savings to my Euro account and invest it in Germany. If negotiations w the EU go better than expected the currency...
by Valuethinker
Mon Oct 16, 2017 1:19 pm
Forum: Personal Consumer Issues
Topic: Tanzania
Replies: 7
Views: 592

Re: Tanzania

I am in the early stages of planning a trip to Tanzania next year to hike Mt. Kilimanjaro then go on safari. A search of Bogleheads indicates that some posters have done this in the past, so I'm wondering if anyone has recommendations. What tour operator did you choose? Zara seems to be everywhere ...
by Valuethinker
Mon Oct 16, 2017 11:52 am
Forum: Investing - Theory, News & General
Topic: Currency risk?
Replies: 40
Views: 1984

Re: Currency risk?

...The ideal investor is globally weighted as to equity markets... I don't think this is true. I think that the textbook analyses that show that "the market portfolio is mean-variance optimum" assume a single currency. If you imagine a Euro investor and a U.S. investor, each with a portfolio consis...
by Valuethinker
Mon Oct 16, 2017 11:44 am
Forum: Personal Consumer Issues
Topic: How many miles/years do you keep your car?
Replies: 108
Views: 6772

Re: How many miles/years do you keep your car?

New car - 5 - 8 years. Have had Hondas for years until I bought my first Subaru Outback. Love it, and will love it for another 5 - 8 years unless one of my grandsons gets it first. Then maybe I'll buy...drum roll...my LAST car? Does anyone think that way? :-) Daisy Dog My father did. He typically k...
by Valuethinker
Mon Oct 16, 2017 11:38 am
Forum: Investing - Theory, News & General
Topic: Currency risk?
Replies: 40
Views: 1984

Re: Currency risk?

Generally investing in currencies is held to be zero sum. You get increased volatility, for no extra return. Do you have any idea why that is the case? Just looking at some historical performance, it appears to be very time dependent. I would agree that if you averaged in on many investors over ver...
by Valuethinker
Mon Oct 16, 2017 11:32 am
Forum: Investing - Theory, News & General
Topic: Currency risk?
Replies: 40
Views: 1984

Re: Currency risk?

One other thought. In theory one should hold a percentage of foreign stocks to get the maximum mean grievance portfolio. I am bedevilled by the autocorrect on my pad, so I am guessing you fell prey to the same gremlin? I am loving the mean grievance portfolio though? The one that hurts you the leas...
by Valuethinker
Mon Oct 16, 2017 11:28 am
Forum: Investing - Theory, News & General
Topic: Currency risk?
Replies: 40
Views: 1984

Re: Currency risk?

In practice, the more volatile the currency pair, the greater the cost of hedging. I am going to have to disagree with you here. You hedge by entering into forward contracts and their cost is basically zero. The forward price is driven by interest rate differentials between the 2 currencies. The bi...
by Valuethinker
Mon Oct 16, 2017 9:32 am
Forum: Investing - Theory, News & General
Topic: With panicked homeowners selling their flooded homes for 40¢ on the dollar, investors are flocking to Houston
Replies: 35
Views: 6254

Re: With panicked homeowners selling their flooded homes for 40¢ on the dollar, investors are flocking to Houston

A 1 in 100 year flood means it happens about every 33 years. People don't understand probability Maybe you're thinking of a related issue: "The 1-percent AEP flood has a 1-percent chance of occurring in any given year; however, during the span of a 30-year mortgage, a home in the 1-percent AEP (100...
by Valuethinker
Mon Oct 16, 2017 9:04 am
Forum: Investing - Theory, News & General
Topic: Life-insurance for young couple. Advice?
Replies: 23
Views: 1772

Re: Life-insurance for young couple. Advice?

I only bought term life insurance after my first child was born. Still have it, although I let one policy expire as my kids grow older. In the next few years I will either have to let it expire or will renew in my late 50's. The only reason I will consider renewing is because we have a special need...
by Valuethinker
Mon Oct 16, 2017 8:56 am
Forum: Investing - Theory, News & General
Topic: Life-insurance for young couple. Advice?
Replies: 23
Views: 1772

Re: Life-insurance for young couple. Advice?

Hi all. I have consulted a few different life insurance companies. And all have a different approach we should take. We are in our 30's. What is the best solution for life insurance for young adults? We only want to pay a few dollars a month for each of us. Thank you. Do you have an insurable need?...
by Valuethinker
Mon Oct 16, 2017 8:48 am
Forum: Investing - Theory, News & General
Topic: Currency risk?
Replies: 40
Views: 1984

Re: Currency risk?

Can someone explain why currency risk is used to justify a lower allocation to foreign investments by US investors? And is this justification common among non-US investors for underweighting US equities? For instance, do Chinese, European, Japanese, or Brazilian investors overweight their home coun...
by Valuethinker
Mon Oct 16, 2017 8:04 am
Forum: Investing - Theory, News & General
Topic: Why do 10-yrs US Treasuries have a higher yield than European Junk Bonds?
Replies: 34
Views: 3195

Re: Why do 10-yrs US Treasuries have a higher yield than European Junk Bonds?

The currency forward rate is not a forecast of future exchange rates. It is the cost of locking in a future exchange rate now. It is a poor predictor of future exchange rates (a guess that they will not change performs better). I've just come across this article, in which the things that puzzled me...
by Valuethinker
Mon Oct 16, 2017 7:57 am
Forum: Personal Consumer Issues
Topic: Earplugs that work on low frequency noise?
Replies: 35
Views: 1797

Re: Earplugs that work on low frequency noise?

All I can say is my neighbor really liked to run a gas powered leaf blower almost every weekend afternoon all fall (somehow I manage to get the same job done in about 4 hours/year). It was loud enough to wake me up from a cherished weekend nap, seems like every time I dozed off (I sleep about 5 hou...
by Valuethinker
Mon Oct 16, 2017 7:41 am
Forum: Investing - Help with Personal Investments
Topic: Why not CDs instead of Short Term Bonds or TIPS
Replies: 24
Views: 3038

Re: Why not CDs instead of Short Term Bonds or TIPS

CDs are a good alternative for the "safe" portfolio. While the TIPS fund is good to have I don't include it in my Dr. Bernstein's concept of having 20* years in safe products. You are correct that it is somewhat volatile. In my "safe" portfolio I have short term bond funds and no loss of principal ...
by Valuethinker
Mon Oct 16, 2017 7:40 am
Forum: Investing - Help with Personal Investments
Topic: Bonds v. bond funds
Replies: 36
Views: 1936

Re: Bonds v. bond funds

I understand what Inam reading but can’t get past the Ihebhundreds of time I read that Funds carry different risk than individual bonds. The latter, diversification risk and the former, the risk that bonds aren’t held to maturity. I suppose the latter risk is meaningless if due to redemptions and o...
by Valuethinker
Mon Oct 16, 2017 7:28 am
Forum: Investing - Help with Personal Investments
Topic: Why not CDs instead of Short Term Bonds or TIPS
Replies: 24
Views: 3038

Re: Why not CDs instead of Short Term Bonds or TIPS

The biggest concern I personally have about CDs is that even though it has basically never happened, I think there is a chance that if interest rates rise really sharply, banks might begin denying early withdrawals from CDs. For decades now everybody has believe that CDs are just like demand deposi...
by Valuethinker
Mon Oct 16, 2017 7:25 am
Forum: Investing - Theory, News & General
Topic: Investing in the UK as non-resident
Replies: 3
Views: 279

Re: Investing in the UK as non-resident

Hi all, I worked for a year in the UK and have a substantial amount of savings been sitting in an account earning no interest for the past few years. I currently work in Germany and I would like to put that money to work now. Pre-brexit I transferred some of it to my Euro account, but I bet on a sl...
by Valuethinker
Mon Oct 16, 2017 4:16 am
Forum: Personal Consumer Issues
Topic: Wireless ear buds-Bone conduction headphones
Replies: 7
Views: 623

Re: Wireless ear buds-Bone conduction headphones

Hello I have a really hard time finding ear buds that stay in my ear. The Apple ear buds don't stay in at all. I recently tried the Bose wireless ear buds and they stay in but I didn't love the thickness of the piece that sticks out from the ear. Jaybirds didn't sound good and slipped off easily. R...
by Valuethinker
Mon Oct 16, 2017 4:06 am
Forum: Investing - Help with Personal Investments
Topic: Why not CDs instead of Short Term Bonds or TIPS
Replies: 24
Views: 3038

Re: Why not CDs instead of Short Term Bonds or TIPS

In my 401k, I maintain some of my "safe" portfolio. This typically consists of taxable bond funds, TIPS funds, etc. This is part of my LP. Larry would of course recommend TIPS or ST Treasuries as part of this allocation. I recognize that TIPS are to protect from "unexpected" inflation. Of course, t...
by Valuethinker
Mon Oct 16, 2017 4:03 am
Forum: Personal Consumer Issues
Topic: Is Florida Over, 2017
Replies: 48
Views: 5606

Re: Is Florida Over, 2017

Florida is not over, but I would seriously consider the location before buying a house or apartment there or anywhere else that is subject to frequent floods or other natural disasters, erosion, etc. I would not consider buying a house in a likely flood zone unless it were elevated nor would I cons...
by Valuethinker
Sun Oct 15, 2017 12:33 pm
Forum: Personal Consumer Issues
Topic: Is Florida Over, 2017
Replies: 48
Views: 5606

Re: Is Florida Over, 2017

I know we have this discussion every now and then, but as I review past threads, and think about this summer, I feel like it's time to ask again: would you move to Florida or invest in Florida real estate? Because I have a property in Sarasota, a lot I wanted to build something on, and I was workin...
by Valuethinker
Sun Oct 15, 2017 11:11 am
Forum: Investing - Help with Personal Investments
Topic: My First Portfolio [Australia]
Replies: 3
Views: 186

Re: My First Portfolio [Australia]

Hello All, First time poster. New to investing. To give you all a little background here is a brief overview of my current financial situation: Age : 21, full time student - 30hrs a week part time work. I live in inner city Melbourne, Australia incase that is relevant. Debt : $0 Income : $700-750 a...
by Valuethinker
Sun Oct 15, 2017 10:59 am
Forum: Investing - Theory, News & General
Topic: When everything goes up, what goes down & vice versa
Replies: 28
Views: 3082

Re: When everything goes up, what goes down & vice versa

I was doing my quarterly AA checkup and it seems all my asset classes have increased in value - stocks (US), stocks (international), bonds, even gold (GLD). I am curious if that has happened before. I am also curious if there is any asset class that I don't have which isn't correlated with the abov...
by Valuethinker
Sun Oct 15, 2017 10:56 am
Forum: Investing - Theory, News & General
Topic: When everything goes up, what goes down & vice versa
Replies: 28
Views: 3082

Re: When everything goes up, what goes down & vice versa

If every type of investment goes up then more money is being spent on investments of all types. That money must come from someplace, so doesn't that imply that cash deposits are reduced, or that debt is increased, or that the money supply is raised? No. Prices of financial assets are set at the mar...
by Valuethinker
Sun Oct 15, 2017 10:53 am
Forum: Personal Finance (Not Investing)
Topic: Annuities - how does insurance company know you died?
Replies: 49
Views: 2658

Re: Annuities - how does insurance company know you died?

. So, in my grandma Sue example, she did not commit fraud because she did not commit a deceptive act, and she did not form the intent to deceive. Do you seriously suggest that the insurance company in that situation would attempt to prosecute grandma Sue for fraud? I believe that is called the Mens...
by Valuethinker
Sun Oct 15, 2017 10:51 am
Forum: Investing - Theory, News & General
Topic: BitConnect [Cryptocurrency]
Replies: 10
Views: 755

Re: BitConnect [Cryptocurrency]

There are plenty of legitimate cryptocurrencies Why do you think some crypto's are "more legitimate" than the infinite amount of others that can be created? I don't recommend that anyone invest in cryptocurrencies. I can see all kinds of problems with these as "investments". I think of them as gamb...