Search found 4740 matches

by xerty24
Wed Oct 17, 2012 8:11 am
Forum: Personal Finance (Not Investing)
Topic: Mid-20s w/ $2M - please review my plan
Replies: 56
Views: 5752

Re: Mid-20s w/ $2M - please review my plan

If you've got $2M you can reasonably expect ~40k+ in dividends/interest annually, so there would be no need to draw down any principal. And you can reasonably expect inflation to erode the value of your portfolio by about $50k/year (~2.5% presently), so in some sense OP is really just cashing out h...
by xerty24
Wed Oct 17, 2012 6:01 am
Forum: Investing - Help with Personal Investments
Topic: Gold
Replies: 56
Views: 5736

Re: Gold

GLD. It's an ETF. IAU is another.

Vanguard's fund invests in the stocks of mining companies. That's not the same thing, and it's not even particularly close.
by xerty24
Wed Oct 17, 2012 6:00 am
Forum: Investing - Theory, News & General
Topic: Hedging against a bull market
Replies: 19
Views: 2495

Re: Hedging against a BULL market

the problem with bull markets is that if you're not in the bubble, you may never catch up and there's no guarantee that labor returns will keep pace with asset returns. Think about it as a type of "inflation" that mainly hits poor people (those with few invested assets). You may find yours...
by xerty24
Tue Oct 16, 2012 3:41 pm
Forum: Personal Finance (Not Investing)
Topic: Elderly Parents Who Did Not Plan
Replies: 26
Views: 3579

Re: Elderly Parents Who Did Not Plan

lots of bad deals for reverse mortgages out there. i wouldn't go that way unless i could make a reasonable deal with a relative; otherwise just sell it or get a HELOC to cash out the equity.
by xerty24
Tue Oct 16, 2012 3:38 pm
Forum: Investing - Theory, News & General
Topic: 100% Small Cap Value not risky enough for you? Try this:
Replies: 30
Views: 3823

Re: 100% Small Cap Value not risky enough for you? Try this:

OP - I'm not going to try to address all the inaccurate comments you got, but suffice to say most of the people commenting on shorting have likely never shorted a share in their life and it shows. If you or someone else actually wants to try something like this, feel free to PM me.
by xerty24
Tue Oct 16, 2012 7:22 am
Forum: Investing - Theory, News & General
Topic: Stock and Fixed Income Investing Decisions.
Replies: 17
Views: 1243

Re: Stock and Fixed Income Investing Decisions.

There are so many stocks to choose from! All you need is TSM and TInt for stock, It's the FI that's the problem. Well I hope to do better than just TSM/TISM, but along those lines why not just buy TBM? TSM doesn't actually have all the stocks, in the same way TBM doesn't hold all bonds, but maybe t...
by xerty24
Mon Oct 15, 2012 10:09 pm
Forum: Investing - Theory, News & General
Topic: Stock and Fixed Income Investing Decisions.
Replies: 17
Views: 1243

Re: Stock and Fixed Income Investing Decisions.

There are so many stocks to choose from!
by xerty24
Mon Oct 15, 2012 7:50 pm
Forum: Investing - Theory, News & General
Topic: 100% Small Cap Value not risky enough for you? Try this:
Replies: 30
Views: 3823

Re: 100% Small Cap Value not risky enough for you? Try this:

happymob wrote:And while margin rates are very low, I can't believe any small-cap value premium exceeds current margin rates.

You must have a very pessimistic view on the size/value premiums.
by xerty24
Mon Oct 15, 2012 7:44 pm
Forum: Forum Issues and Administration
Topic: *Sorry for asking* Is this forum biased?
Replies: 100
Views: 10040

Re: *Sorry for asking* Is this forum biased?

we are very lucky to have lived in the US and other stable countries for purposes of accruing wealth. This old Bogleheads thread may give some perspective on that surivorship bias.

viewtopic.php?p=544336#p544336
by xerty24
Mon Oct 15, 2012 7:35 pm
Forum: Investing - Theory, News & General
Topic: 100% Small Cap Value not risky enough for you? Try this:
Replies: 30
Views: 3823

Re: 100% Small Cap Value not risky enough for you? Try this:

It follows from the Two Mutual Fund theorem that one can squeeze out even more expected returns by placing 100% of capital set aside for domestic equities in small cap value, and shorting the rest of the stock market. There is no "everything but Sm-Val" ETF but one can short VTI or SPY to...
by xerty24
Mon Oct 15, 2012 12:09 pm
Forum: Personal Consumer Issues
Topic: Trips of a Lifetime
Replies: 60
Views: 7499

Re: Trips of a Lifetime

JupiterJones wrote:... remote places that you'd go to once, at great time and effort, and probably never return. Literally "once in a lifetime" destinations.

There are plenty of places like that - Benghazi, Libya, and northern Mexico come to mind. All the same, I'd rather return in one piece.
by xerty24
Sun Oct 14, 2012 8:12 pm
Forum: Investing - Theory, News & General
Topic: POLL: Which is more diversified?
Replies: 31
Views: 2710

Re: POLL: Which is more diversified?

I think I have to observe that both of these funds were a great way to turn ten thousand dollars into nine thousand or seven thousand during the time when a stock fund turned it into fourteen thousand. And I have to observe that both of these supposed diversifiers are moving in pretty much the same...
by xerty24
Sun Oct 14, 2012 4:40 pm
Forum: Forum Issues and Administration
Topic: *Sorry for asking* Is this forum biased?
Replies: 100
Views: 10040

Re: *Sorry for asking* Is this forum biased?

Basically this is a forum of people who mostly have been unusually successful in life - or at least believe they will be... Sometimes, things work out well, but probably not with the high probability reflected in the typical posts here. Good point. [ economic discussion and link to economic article...
by xerty24
Sun Oct 14, 2012 9:25 am
Forum: Personal Consumer Issues
Topic: Trips of a Lifetime
Replies: 60
Views: 7499

Re: Trips of a Lifetime

Antarctica?
by xerty24
Sun Oct 14, 2012 3:49 am
Forum: Personal Consumer Issues
Topic: $800 to burn on fitness related expense
Replies: 35
Views: 2477

Re: $800 to burn on fitness related expense

I will buy a concept 2 rowing machine now and take training lessons in January when I will have another $800 to spend You could still get the swimming machine using a credit card; pay $800 now and $800 in January. be careful with that, most of the time the purchase date is what counts and that's th...
by xerty24
Sun Oct 14, 2012 3:43 am
Forum: Investing - Help with Personal Investments
Topic: explain change Sara Lee
Replies: 7
Views: 1105

Re: explain change Sara Lee

my name wrote:I'm also thinking of selling the Bank of New York stock that is back to the same value it was 15 years ago. Shady dealings seems to have caused this.

I don't blame the market for being 'shady' when it doesn't go up or down as much as I hoped. What exactly are you referring to?
by xerty24
Sat Oct 13, 2012 8:03 am
Forum: Investing - Theory, News & General
Topic: my third quarter update on performance of hedge funds
Replies: 4
Views: 584

Re: my third quarter update on performance of hedge funds

Thanks for this post and the article. I agree the absolute returns are absolutely disappointing. My question is, is this index truly representative of the world of hedge funds? How many hedge funds are included? Do they try to include every one available to institutional US investors, or do they pe...
by xerty24
Fri Oct 12, 2012 4:26 pm
Forum: Investing - Help with Personal Investments
Topic: MLP
Replies: 15
Views: 1775

Re: MLP

Here's the concern. Investors "discovered" MLPs a couple of years ago. ETFs and ETNs are all over it . Three years ago there were no funds. Now there are now 10 differnt funds covering a relatively small number of securities (about 25 in the US). Billions have come in these products sendi...
by xerty24
Fri Oct 12, 2012 4:24 pm
Forum: Investing - Theory, News & General
Topic: Why Does Quantitative Easing Help Stocks ?
Replies: 11
Views: 1451

Re: Why Does Quantitative Easing Help Stocks ?

Am I the only one that does not understand why Quantitative Easing results in higher stock prices ? When stocks are bought the price of stocks go up. So why wouldn't the Feds massive bond buying help the bond market ? Because there's a broad belief that the Feds are basically just printing new mone...
by xerty24
Fri Oct 12, 2012 5:22 am
Forum: Investing - Theory, News & General
Topic: Market Manipulation
Replies: 12
Views: 1983

Re: Market Manipulation

your characterization is not what is being reported. What is being reported is that the orders are put out to: 1)the clog up data pipelines - where clog is relative since they are talking milliseconds, so that their already inherent advantage in being first in line, is drawn out more. 2)used to obt...
by xerty24
Wed Oct 10, 2012 10:23 am
Forum: Investing - Theory, News & General
Topic: Putting a partnership in an IRA?
Replies: 3
Views: 305

Re: Putting a partnership in an IRA?

If you're mostly in the investment club for networking instead of because the club is a group of stock picking geniuses, I would forget about putting your IRA money there. Yes it's possible, but it's a bunch of expense and headaches, and it wouldn't make your employer's contribution tax free.
by xerty24
Tue Oct 09, 2012 10:04 pm
Forum: Investing - Theory, News & General
Topic: Market Manipulation
Replies: 12
Views: 1983

Re: Market Manipulation

Is this an open and fair market? 4 percent of the activity are false trades? all canceled? The headline and your summary are both misleading (the former probably intentionally so). There were NO trades - not 'false' trades, not broken trades, just nothing. Talk about getting all upset about nothing...
by xerty24
Tue Oct 09, 2012 1:57 pm
Forum: Investing - Theory, News & General
Topic: Market Manipulation
Replies: 12
Views: 1983

Re: Market Manipulation

Anything from Nanex might as well get tagged for Trolling. They allege serious crimes and present no evidence, just a few pictures that they seem not to understand. If their counterparty wouldn't get hung in the court of public opinion without getting in a word edgewise, they'd have a fine case for ...
by xerty24
Mon Oct 08, 2012 7:00 pm
Forum: Forum Issues and Administration
Topic: *Sorry for asking* Is this forum biased?
Replies: 100
Views: 10040

Re: *Sorry for asking* Is this forum biased?

Now personally I think this forum is biased against thinking it's possible to beat the market - they tend to think everyone who does better through active management just got lucky. I would say, rather, that the forum is against believing it is possible to beat the market perpetually - whether thos...
by xerty24
Mon Oct 08, 2012 6:40 pm
Forum: Forum Issues and Administration
Topic: *Sorry for asking* Is this forum biased?
Replies: 100
Views: 10040

Re: *Sorry for asking* Is this forum biased?

Buy & hold index investing has a lot of advantages - it's cheap, it's low maintenance, and it's tax efficient. The main downside is that you have to take what the market gives you, and sometimes that means taking a big loss or treading water for a decade. Some people manage to beat the market by...
by xerty24
Mon Oct 08, 2012 10:53 am
Forum: Investing - Help with Personal Investments
Topic: [Portfolio help - deferring] Suggestions Following Election
Replies: 3
Views: 469

Re: [Portfolio help - deferring] Suggestions Following Elect

Another risk-free choice would be up to $10,000 per person in I-Bonds at treasurydirect.gov. Currently it is 2.2 % per year for 6 months and later this month you can find out what it would be for the next 6 months as it is based on a CPI number. Remember those you have to hold for 5 years or you lo...
by xerty24
Sun Oct 07, 2012 10:07 pm
Forum: Investing - Theory, News & General
Topic: Gus Sauter interview
Replies: 17
Views: 1744

Re: deleted

Post deleted. I tried to provide a working link to Gus's interview but it didn't work. I guess the following link then won't work either: http://www.google.com/url?sa=t&rct=j&q=&esrc=s&source=web&cd=1&cad=rja&ved=0CCIQFjAA&url=http%3A%2F%2Fonline.barrons.com%2Farticl...
by xerty24
Sun Oct 07, 2012 9:57 pm
Forum: Investing - Theory, News & General
Topic: How do HFT get around the SEC fee?
Replies: 9
Views: 1195

Re: How do HFT get around the SEC fee?

If I understand correctly, a good part of the controversy surrounding high frequency traders is all the orders they enter and then swiftly cancel. A good part of the controversy surrounding high frequency trading is that someone else is getting rich while you aren't and in a way you dont really und...
by xerty24
Sun Oct 07, 2012 1:59 am
Forum: Personal Finance (Not Investing)
Topic: The Long-Term Care Insurance Gamble
Replies: 81
Views: 5613

Re: The Long-Term Care Insurance Gamble

I wish the government would increase the look back to 10 years to take some of the strain off Medicaid and discourage this type of planning that we all end up paying for. While we're wishing, I wish they'd just make the exclusions more complicated so most people can't figure it out even with help (...
by xerty24
Sun Oct 07, 2012 1:48 am
Forum: Investing - Help with Personal Investments
Topic: Federal Estate Planning prior to 2013
Replies: 12
Views: 1562

Re: Federal Estate Planning prior to 2013

I've just had a comprehensive briefing with an expert attorney regarding this. I'm told Romney supports elimination of the estate tax and Obama supports a 3M exemption. The legal industry believes that "some" estate tax will remain. And it should IMO. Pardon this tangent... Consider Bill ...
by xerty24
Sat Oct 06, 2012 9:48 am
Forum: Investing - Help with Personal Investments
Topic: [Portfolio help - deferring] Suggestions Following Election
Replies: 3
Views: 469

Re: Suggestions Following Election

woodedareas wrote:...most conservative (least risk) that I could purchase and let sit for 12 months?
... I do not need to take on risk and my first objective is not to loose principal.

Sounds like you want a 1 year CD. Getting 1% on them would be decent, Ally Bank for example.
by xerty24
Fri Oct 05, 2012 11:05 pm
Forum: Investing - Theory, News & General
Topic: How do HFT get around the SEC fee?
Replies: 9
Views: 1195

Re: How do HFT get around the SEC fee?

The people who trade the most pay the SEC's bills. Conflict of interest? You be the judge.
by xerty24
Thu Oct 04, 2012 11:47 pm
Forum: Personal Finance (Not Investing)
Topic: Distributing funds to many people
Replies: 18
Views: 1043

Re: Distributing funds to many people

I'm a participant in a project by a large non-profit institution that intends to distribute an honorarium to about 1,000 participants. They're trying to figure out the best way to do this. For internal reasons, they can't send checks directly to participants, as this would require excessive interna...
by xerty24
Thu Oct 04, 2012 9:59 pm
Forum: Investing - Help with Personal Investments
Topic: Are employer after-tax 401k contributions taxed?
Replies: 3
Views: 342

Re: Are employer after-tax 401k contributions taxed?

harkness10 wrote:are employer after-tax contributions also withdrawn without being taxed?

I feel like I'm missing something obvious here, because that seems like too good a deal.

Employer contributions are always pretax.
by xerty24
Thu Oct 04, 2012 8:36 pm
Forum: Investing - Theory, News & General
Topic: Another take on the risk of stocks vs bonds
Replies: 18
Views: 2976

Re: Another take on the risk of stocks vs bonds

as an aside, here's the excellent blog where i ran across this picture as a sidenote in other discussion. Be aware the blog is mostly about value investing and is a lot more in depth than most discussions around here. Well over 1000 words per post and you do have to actually think.

http://brooklyninvestor.blogspot.com/20 ... value.html
by xerty24
Thu Oct 04, 2012 8:35 pm
Forum: Investing - Theory, News & General
Topic: Another take on the risk of stocks vs bonds
Replies: 18
Views: 2976

Another take on the risk of stocks vs bonds

They say a picture is worth 1000 words, so here's the picture. Note that these are real returns. http://2.bp.blogspot.com/-kUWKahFTn5U/UGYDGcHdceI/AAAAAAAABRs/Dcw3OqkF3ZI/s1600/aaa4.JPG Assuming the bottom bucket isn't wildly skewed (hiding huge stock losses but only small bond ones) and that you re...
by xerty24
Thu Oct 04, 2012 8:08 pm
Forum: Investing - Theory, News & General
Topic: ETFs move the market, mid caps unloved
Replies: 0
Views: 306

ETFs move the market, mid caps unloved

On Monday 10/1/12 there was some peculiar activity arising from huge sales of midcap ETFs. The WSJ took note: m When midsize stocks retreated as their large and small counterparts rose Monday, traders scratched their heads about the unusual activity. The culprit, traders later surmised, was heavy se...
by xerty24
Tue Oct 02, 2012 8:22 am
Forum: Investing - Theory, News & General
Topic: Shifts in VG Tracking Indexes Announced
Replies: 155
Views: 21236

Re: Shifts in VG Tracking Indexes Announced

Baer Pettit, Head of MSCI’s Index Business, said, “We are disappointed that Vanguard will no longer use our indices as the basis for these exchange traded funds. The ETF market in North America is competitive and as it evolves, we will work with those ETF providers who seek to utilize independent, ...
by xerty24
Mon Sep 17, 2012 3:32 pm
Forum: Investing - Theory, News & General
Topic: Understanding the VIX as hedging tool
Replies: 3
Views: 741

Re: Understanding the VIX as hedging tool

good article on a less well known topic.
by xerty24
Mon Sep 17, 2012 1:17 pm
Forum: Investing - Theory, News & General
Topic: Will Your (TSM) Equity Bet Pay Off?
Replies: 222
Views: 12778

Re: Will Your (TSM) Equity Bet Pay Off?

I know it worked that way in the past, but I question any obvious free lunch/dessert going forward in this day of highly optimized factor portfolios and quant hedge funds.
by xerty24
Mon Sep 17, 2012 12:36 pm
Forum: Personal Finance (Not Investing)
Topic: SS Dependent Benefits into a 529
Replies: 6
Views: 915

Re: SS Dependent Benefits into a 529

Although some states give a tax break for investing in 529's and not ESA's. Also Vanguard stopped opening ESA's but existing account holders are grandfathered. If you think you might qualify for fin aid, it is wise to get it into either a 529 or ESA as this will make it a parental asset. For sure a...
by xerty24
Mon Sep 17, 2012 9:50 am
Forum: Personal Finance (Not Investing)
Topic: SS Dependent Benefits into a 529
Replies: 6
Views: 915

Re: SS Dependent Benefits into a 529

You can also put it in an ESA for him instead of a 529, which has a little more flexible educational uses (schooling expenses prior to college for example), but the limit is $2k/year. You can always roll the ESA into a 529 later if you want.
by xerty24
Sun Sep 16, 2012 11:08 pm
Forum: Personal Consumer Issues
Topic: coping with 9/80 schedule ?
Replies: 68
Views: 5896

Re: coping with 9/80 schedule ?

What never made sense to me was that it was done supposedly in the name of energy saving. That would only work if everybody stayed home on the Friday off. In reality, it gave everybody an extra day to drive around or take flights on the long weekend off. No savings there. I never figured out what t...
by xerty24
Sun Sep 16, 2012 9:44 pm
Forum: Forum Issues and Administration
Topic: iPad app for this site?
Replies: 6
Views: 1325

Re: iPad app for this site?

Yeah, I read it on my iPad all the time without issues. Can'tyoutellfrommy typing? ;)
by xerty24
Sun Sep 16, 2012 9:42 pm
Forum: Personal Consumer Issues
Topic: coping with 9/80 schedule ?
Replies: 68
Views: 5896

Re: coping with 9/80 schedule ?

linuxuser wrote:Because of my long commute, the 9 hour days turn into 11.5 hours (9 + lunch + commute).

2 hours a day of commuting is a lot, even if you avoid it 1 day in 10 with this schedule. I would think about moving closer to work, or working closer to where you live :).
by xerty24
Sun Sep 16, 2012 9:36 pm
Forum: Personal Consumer Issues
Topic: If you could retire anywhere, regardless of healthcare, etc.
Replies: 118
Views: 14176

Re: If you could retire anywhere, regardless of healthcare,

An Edward Abbey quote: "It has been said that if you can survive in New York, you can survive anywhere, but if you can live anywhere, why would you choose New York?" Even assuming you can afford the 10%+ extra taxes, NYC seems like a bad place to be old. The subways have tons of stairs an...
by xerty24
Sun Sep 16, 2012 9:26 pm
Forum: Personal Consumer Issues
Topic: A new endeavor - wish me luck!
Replies: 21
Views: 2864

Re: A new endeavor - wish me luck!

Hope your knee gets better soon so you're ready for the next time.
by xerty24
Sun Sep 16, 2012 7:08 pm
Forum: Forum Issues and Administration
Topic: Consumer Forum Reopened
Replies: 48
Views: 7187

Re: Consumer Forum Reopened

You wouldn't be complaining in public about moderation, would you? Watch out for the slap coming your way. Not at all. I'm just requesting clarification for which topics are allowed here, as distinct from all the topics I'm going to cover in the private board I'll be inviting the top Bogleheads pos...
by xerty24
Sun Sep 16, 2012 6:19 pm
Forum: Forum Issues and Administration
Topic: Consumer Forum Reopened
Replies: 48
Views: 7187

Re: Consumer Forum Reopened

Exactly. That's what's meant by actionable . As described in the first post: All topics must be both personal and actionable, i.e., readers should be able to use the information provided to make better informed decisions on how to spend their money or their time. Doss this mean we can't discuss mat...
by xerty24
Sun Sep 16, 2012 10:30 am
Forum: Personal Consumer Issues
Topic: Brain Teaser
Replies: 31
Views: 1868

Re: Brain Teaser

woof755 wrote:Both options suck.

Spin the chamber and aim at your opponent.