Search found 54 matches

by Eric White
Thu Apr 29, 2010 12:38 pm
Forum: Investing - Help with Personal Investments
Topic: POLL: Vanguard rebalancing/exchange screen
Replies: 15
Views: 1974

POLL: Vanguard rebalancing/exchange screen

I've been continually frustrated with Vanguard's exchange screen. It seems overly complicated for annual portfolio rebalancing. As a result, I have to plan exactly how to sequence and allocate transfers between individual funds. This makes rebalancing more difficult. Although this may be good for Va...
by Eric White
Wed Mar 31, 2010 8:22 am
Forum: Personal Consumer Issues
Topic: Coffee mugs.
Replies: 7
Views: 1586

Kodak Gallery

I've used Kodak Gallery for a long time and am very happy with the quality and pricing.

It's real easy using the dock. Just placed an order for 300 prints a few weeks ago. Easy breezy!
by Eric White
Tue Mar 30, 2010 2:04 pm
Forum: Investing - Theory, News & General
Topic: Supreme Court rules on mutual fund fees and fiduciary duty
Replies: 27
Views: 3372

Re: Supreme Court rules on mutual fund fees and fiduciary du

The supreme court has issued its opinion in Jones v. Harris Associates. This is the case where John Bogle submitted an amicus brief. The opinion is http://www.supremecourt.gov/opinions/09pdf/08-586.pdf Looks like a mixed bag; they overturned a lower court ruling requiring plaintiffs to demonstrate ...
by Eric White
Tue Mar 30, 2010 2:04 pm
Forum: Investing - Theory, News & General
Topic: Mutual funds win while we lose
Replies: 4
Views: 1188

Mutual funds win while we lose

Amazing. It is truly horrific that investors, as CAPTIVE customers of these products, are not guaranteed some basic protections.

Either free us from captivity and enable real competition or at least give us some basic protection.

That's very frustrating!
by Eric White
Fri Mar 26, 2010 11:48 am
Forum: Investing - Theory, News & General
Topic: Asset Class Performance of Welfare States
Replies: 5
Views: 910

Report results

In before lock But here's a useful link to compare returns across countries: m Using the report above: US equity premium vs bonds [1900-2009] = 4.2% US equity premium vs bills [1900-2009] = 5.2% Europe equity premium vs bonds [1900-2009] = 3.9% Europe equity premium vs bills [1900-2009] = 3.8% Worl...
by Eric White
Tue Feb 02, 2010 10:30 pm
Forum: Investing - Help with Personal Investments
Topic: POLL : % of High Yield in your total portfolio ?
Replies: 52
Views: 8055

I voted for the first choice (0-1%). Had I scrolled down the list before casting my vote, however, I would have voted for the last choice (Would not own.) Same goes for me. Same goes for me also. And I am taking income for spending in retirement. Hi Yield does not meet my needs. Jim Ditto for me. N...
by Eric White
Thu Jan 28, 2010 10:38 am
Forum: Investing - Theory, News & General
Topic: No Need For Stocks??
Replies: 23
Views: 4266

Re: No Need For Stocks??

As others have pointed out, you cannot have an IRA at Treasury Direct. What you can do is: 1. Transfer 401K to an IRA. 2. Move the IRA to Vanguard. 3. Open a brokerage account within the IRA. 4. Buy TIPS through the brokerage account. If your IRA is large enough to make Voyager status, you can purc...
by Eric White
Sun Jan 24, 2010 4:01 pm
Forum: Investing - Theory, News & General
Topic: Bonds at the core of your portfolio -- regardless of age?
Replies: 26
Views: 4366

Re: Unable to vote

Doc wrote:
Eric White wrote:Snowjob,

I was looking forward to voting, but it looks closed. Can you reopen the poll and set it to not age out?

Thanks!

Cheers,
Eric White

Did you log in?


Forgot to log in. My apologies!
by Eric White
Sun Jan 24, 2010 3:52 pm
Forum: Investing - Theory, News & General
Topic: No Need For Stocks??
Replies: 23
Views: 4266

Re: No Need For Stocks??

I would appreciate hearing what others think about this issue. What might one's investment strategy without stocks look like? (I get the obvious options eg bonds, TIPS, CD's, etc.) But a coherent strategy. How about: 1) minus pension + SS away from needed income. 2) buy inflation adjusted annuity t...
by Eric White
Sun Jan 24, 2010 3:23 pm
Forum: Investing - Theory, News & General
Topic: Bonds at the core of your portfolio -- regardless of age?
Replies: 26
Views: 4366

Unable to vote

Snowjob,

I was looking forward to voting, but it looks closed. Can you reopen the poll and set it to not age out?

Thanks!

Cheers,
Eric White
by Eric White
Fri Jan 22, 2010 4:51 pm
Forum: Investing - Theory, News & General
Topic: New Change--Vanguard Subsequent Investment Minimum ($1)
Replies: 44
Views: 9291

$20/day for Roth

If I round up to $20/day for my Roth contributions, will it automatically truncate my contributions at the end of the year when I reach $5k or will it keep contributing above the limit?
by Eric White
Thu Jan 21, 2010 10:11 pm
Forum: Investing - Help with Personal Investments
Topic: POLL: Fixed Asset Allocation
Replies: 14
Views: 2286

Opportunity costs of credit quality tilting

I'm pretty confident I don't want to take duration risk. It seems like many Bogleheads are hesitant to go long due to repricing risk. If people have arguments in favor of taking the duration risk inherent in TBM, I'd love to hear them! The issue that made me consider requesting this poll was a diver...
by Eric White
Thu Jan 21, 2010 10:00 pm
Forum: Investing - Help with Personal Investments
Topic: POLL: Fixed Asset Allocation
Replies: 14
Views: 2286

Initial poll results

Thanks everybody for voting your allocation strategies. I know it was a little tough to comprehend subtle differences, but I wanted to make it as comprehensive in scope as possible (e.g. including inflation protection) without proliferating the options too much (e.g. qualifying inflation protection ...
by Eric White
Thu Jan 21, 2010 5:06 pm
Forum: Investing - Help with Personal Investments
Topic: POLL: Fixed Asset Allocation
Replies: 14
Views: 2286

POLL: Fixed Asset Allocation

I'd like to benchmark Bogleheads for fixed asset allocation strategies. I've seen many different scenarios of the strategies below in various commonly-read Boglehead books and threads, but I don't believe I've seen any hard voting for the most common strategy in use from forum members. Tilt Types: D...
by Eric White
Thu Jan 21, 2010 1:32 pm
Forum: Investing - Help with Personal Investments
Topic: Inflation Protected outperformance in 2009
Replies: 4
Views: 884

Inflation Protected outperformance in 2009

During my annual rebalancing, I noticed significant outperformance of inflation protected relative to short and intermediate term funds within my fixed allocations: Vanguard Inflation-Protected Securities Fund Investor Shares (VIPSX) +10.8% Short-Term Treasury (VFISX) +1.44% Intermediate-Term Treasu...
by Eric White
Wed Aug 12, 2009 11:07 am
Forum: Personal Consumer Issues
Topic: 230 mpg!
Replies: 59
Views: 7396

Under the "230mpg" hood

I'm a pretty big Volt supporter because I think Extended Range Electric Vehicles (E-REV) are an important bridge to the future. Most importantly, they tackle the largest problem for lower lifecycle cost and emissions vehicles: battery cost. Batteries run ~$1000/kwh. The Volt reduces the range to 40 ...
by Eric White
Wed Aug 05, 2009 12:00 pm
Forum: Personal Consumer Issues
Topic: Battery Powered Lawn Equipment? Recs???
Replies: 19
Views: 2975

Black & Decker set

I've owned the Black & Decker set now for almost 4 years. It came with three batteries and a wall charger for all three. It includes a blower, string trimmer, and hedge clipper. Works awesome. Very reasonable price if you buy it as a set instead of separately. I bought mine through Amazon, altho...
by Eric White
Tue Jun 09, 2009 10:04 am
Forum: Personal Consumer Issues
Topic: Cordless Lawn Mowers
Replies: 13
Views: 2473

Black & Decker is a great machine

I've had the Black & Decker cordless battery electric mower now for the second season. I have a 0.5 acre lot with significant grass and thus dove in for the B&D over the Neuton due to the larger cutting swath. My parents have a Neuton and love it for their smaller lot (<0.25 acres). If I mow...
by Eric White
Sun Apr 06, 2008 2:53 pm
Forum: Personal Consumer Issues
Topic: Strategy Games
Replies: 32
Views: 7209

Try these too (all are turn-based games, can be played multiplayer online, and are open-source): ⋅  TripleA - Axis and Allies war-game clone. ⋅  The Battle for Wesnoth - Fantasy strategy game (sort of Dungeons and Dragons-like). ⋅  FreeOrion - Space-colonization. &sdot...
by Eric White
Sat Feb 16, 2008 9:05 pm
Forum: Investing - Help with Personal Investments
Topic: Break out emerging markets into regions?
Replies: 0
Views: 823

Break out emerging markets into regions?

I'm at the early stages of establishing my asset allocation with the help of ETFs. Reading Rick Ferri's ETF book, I noticed that there is an opportunity to break out emerging marketing from a single WW offering into multiple regions. The benefit for this approach would be that I could capture a reba...
by Eric White
Sun Feb 03, 2008 2:30 pm
Forum: Investing - Theory, News & General
Topic: Poll: 401K Match
Replies: 99
Views: 17413

First 3%

My employer only matches up to $3k max.

My wife's employer only matches up to $4k max.

Thanks.
-Eric
by Eric White
Fri Feb 01, 2008 1:36 am
Forum: Investing - Theory, News & General
Topic: The Great Debate!
Replies: 210
Views: 37996

Followup reading

Pete & Larry, It looks like I have a LOT of reading ahead to catch up to both of you. I'll try to repost this weekend when I have completed some of the background PMPT & commodities reading so I can provide meaningful responses. Thanks for your correspondence this evening. I really appreciat...
by Eric White
Fri Feb 01, 2008 12:49 am
Forum: Investing - Theory, News & General
Topic: The Great Debate!
Replies: 210
Views: 37996

Blocking & tackling...

Pete, I'm the first to say how much of an amateur I am at understanding these dynamics. But I do know from my supply chain design analysis days that there is a significant difference between theoretical analysis and fact-based analysis. Theory is great; reality is better. 1.) Backtest time horizon i...
by Eric White
Fri Feb 01, 2008 12:24 am
Forum: Investing - Theory, News & General
Topic: The Great Debate!
Replies: 210
Views: 37996

Reference materials

Larry, I haven't had time to research the subject in depth yet, so I appreciate your quick response. I will reserve my judgement on this preliminary data until I finish reading the threads, and read your references. I GOTTA TRAIN UP FOR THE GREAT DEBATE! Don't worry; I'll still be putting your book ...
by Eric White
Thu Jan 31, 2008 11:40 pm
Forum: Investing - Theory, News & General
Topic: The Great Debate!
Replies: 210
Views: 37996

Initial review in anticipation of the big match

Alright folks. Just like in all the other threads, I can only read so many opinions without data before I get a little bug-eyed. Last time I looked I thought this was the VANGUARD DIEHARDS forum. WOOT! 8) Here is the current Simba/TrevH asset allocation backtest file with candidate alternative asset...
by Eric White
Thu Jan 31, 2008 8:09 pm
Forum: Investing - Theory, News & General
Topic: The Great Debate!
Replies: 210
Views: 37996

LET THE GAMES BEGIN!

I'm definitely planning on polling the forum after the debate. Here are my votes before the debate (I still need to do more thread reviews too): Commodity Inclusion in Asset Allocation: NO (Rick 1, Larry 0) Bond Asset Subclass Diversification: YES (Rick 1, Larry 0) Portfolio Mirroring: YES (Rick 1, ...
by Eric White
Tue Jan 29, 2008 1:22 am
Forum: Investing - Theory, News & General
Topic: Equity style rotation
Replies: 550
Views: 176155

Backtest failed; SR needs to SHOW ME THE MONEY!

Bogleheads, I'm a numbers guy. I find these hypothetical discussions and returns bragging about as exciting as my college humanities classes. So, I ran a backtest to...SHOW ME THE MONEY! Given that TrevH & Simba are our uber-asset allocation backtesting gurus, I "borrowed" the asset su...
by Eric White
Fri Jan 18, 2008 1:43 pm
Forum: Investing - Theory, News & General
Topic: how are you going to spend your 407€ from Uncle Ben?
Replies: 102
Views: 18204

$500 may be high; $333 by my calculations

Here are my rough calculations: =================== $150,000,000,000 stimulus to both businesses and individuals as a whole $100,000,000,000 stimulus to individuals as a whole 300,000,000 individuals $333 stimulus to an individual $50,000,000,000 stimulus to businesses as a whole n/a for individual ...
by Eric White
Fri Jan 18, 2008 1:33 pm
Forum: Investing - Theory, News & General
Topic: Value Averagers - How much dry powder you got left?
Replies: 18
Views: 4723

Got it!

oneleaf, Got it. That makes a lot of sense. I was dreading preparing that monster of a spreadsheet that implemented both VA and AA rebalancing. Make the AA rebalancing static and inject cash per the VA path requirements. I need to update my contribution definitions next. Thanks again! Cheers, Eric
by Eric White
Fri Jan 18, 2008 1:28 pm
Forum: Investing - Theory, News & General
Topic: [poll] Which rebalancing strategy do you use? And why?
Replies: 19
Views: 5312

Any reference materials with comparisons?

Can anyone refer me to any reference materials (e.g. journal articles, academic papers, etc.) that do a decent job comparing all these strategies? Most analysis I have seen only looks at time by itself but does not properly compare the strategies. The VA book seems to only compare VA with time-based...
by Eric White
Fri Jan 18, 2008 12:50 am
Forum: Investing - Theory, News & General
Topic: Value Averagers - How much dry powder you got left?
Replies: 18
Views: 4723

5% cash initial starting point

oneleaf, Thanks for your data point of 5% starting cash. I actually targeted that in my AA, so I hope I'm ready... Now I just need to setup the Excel file for tracking and execution. I'll have to see if the file provided with the book is very easily expandable for multiple accounts with slice-n-dice...
by Eric White
Thu Jan 17, 2008 11:50 pm
Forum: Investing - Theory, News & General
Topic: [poll] Which rebalancing strategy do you use? And why?
Replies: 19
Views: 5312

[poll] Which rebalancing strategy do you use? And why?

I would like to understand how the "composite Boglehead" deals with rebalancing. I would also like to understand the tradeoffs between the strategies. Please explain why you use the strategy you do and your perceived advantages/disadvantages of the competing strategies. Thanks! -Eric White
by Eric White
Thu Jan 17, 2008 11:12 pm
Forum: Investing - Theory, News & General
Topic: Value Averagers - How much dry powder you got left?
Replies: 18
Views: 4723

Finally close to target asset allocation; VAing soon

I finally got all our accounts close to my target asset allocation. I expect to start a value averaging process soon. I read the Value Averaging book but am a little unclear about how to properly set my initial cash level. Any rules of thumb or references you guys can give me? I've been worried abou...
by Eric White
Thu Jan 17, 2008 11:03 pm
Forum: Investing - Help with Personal Investments
Topic: Refinance a 30 yr. mortgage to 15 yr. if paying off soon?
Replies: 38
Views: 20193

Same situation; refinanced from 30 year to a 10 year fixed

I was in the same situation ~2 years ago. Tax deferred accounts maxed (401k, 403b, IRAs), 529 matching tax deferral maxed ($10,000 in NYS), emergency fund funded. From there, your only realistic options are a taxable account, mortgage principal payments, or refi. When you look at interest-to-total p...
by Eric White
Thu Dec 13, 2007 9:24 pm
Forum: Investing - Theory, News & General
Topic: Rick Ferri's ETF Book Is Shipping
Replies: 36
Views: 8522

Prepurchased copy arrived and started reading

My prepurchased copy from Amazon arrived and I've been reading it for a few days now. A nice surprise with the prepurchase, actually, since I've been so buried with work. Rick, I'm up to the point on the development growth of the offerings. I would love to understand more the effect of the 1987 cras...
by Eric White
Tue Nov 13, 2007 9:42 pm
Forum: Investing - Theory, News & General
Topic: Buying the dips: neither good nor bad, it seems to me
Replies: 71
Views: 15641

Apology to grayfox; new question of "buying on yield sp

grayfox, Unfortunately, this strategy does sound familiar. It sounds to me like P/E market timing. I'm sure other Diehards on this forum can provide Monte Carlo stress-tested results for that backtest, and it ain't pretty.Embarassed Actually what I had in mind was the TIPS strategy proposed by one ...
by Eric White
Tue Nov 13, 2007 9:08 pm
Forum: Investing - Theory, News & General
Topic: Buying the dips: neither good nor bad, it seems to me
Replies: 71
Views: 15641

Lack of constructive posts is getting tiresome

This "strategy" is ridiculous. The only way it works is if there is a short-term mean reversion effect present in the markets. History says there is no such exploitable effect. The reason investing on the first of every month is substantially different than investing at the end of every m...
by Eric White
Tue Nov 13, 2007 8:42 pm
Forum: Investing - Theory, News & General
Topic: Buying the dips: neither good nor bad, it seems to me
Replies: 71
Views: 15641

Looking for constructive strategy testing

It isn't accurate to have DCA at the end of the month be the normal strategy. If the money is available at any point during the month then you would invest it at the beginning. Which is why your "invest the first of the month" wins--investing earlier is better most of the time. BINGO! Tha...
by Eric White
Tue Nov 13, 2007 9:40 am
Forum: Investing - Theory, News & General
Topic: Buying the dips: neither good nor bad, it seems to me
Replies: 71
Views: 15641

My pleasure

livesoft, My pleasure! I was surprised by the data. I expected buy on dips to be more effective. Goes to show that intuition needs to be validated with data. It makes me wonder if my confidence in value averaging needs confirmation as well. Of course, I'm stuck in paralysis with regard to value aver...
by Eric White
Tue Nov 13, 2007 12:30 am
Forum: Investing - Theory, News & General
Topic: Buying the dips: neither good nor bad, it seems to me
Replies: 71
Views: 15641

Buying on Dips backtest using S&P500

Hey everybody, I took a previous poster's advice and took a crack at backtesting buying on dips. Here's the file: Buying on Dips backtest using S&P500, updated 2007-11-12, v5 with expanded thresholds Assumptions: - Monthly DCA at end of month - DCA at different time frequencies not investigated ...
by Eric White
Thu May 31, 2007 11:05 pm
Forum: Personal Finance (Not Investing)
Topic: Peak Oil Poll
Replies: 47
Views: 19576

Peak Oil Poll

I just finished reading a book on Peak Oil and am interested in adding another dimension to the characteristics of a typical diehard: if we think Peak Oil exists and when it will occur. Please note that I am not providing a response that it does not exist. I do not want to conflate this question wit...
by Eric White
Wed May 30, 2007 1:46 am
Forum: Investing - Theory, News & General
Topic: Simba's backtesting spreadsheet [a Bogleheads community project]
Replies: 1032
Views: 573764

Cost and Portfolio dataset addition requests

Do fellow Diehards feel it would be useful to add costs for each investment choice (absolute return - cost - inflation = real investor return) and include them in calculations? Sorry if it's already in there... In addition, does anyone have datasets we can add for the following asset subclasses: Hig...
by Eric White
Wed May 30, 2007 1:20 am
Forum: Investing - Theory, News & General
Topic: Simba's backtesting spreadsheet [a Bogleheads community project]
Replies: 1032
Views: 573764

Error in Returns_85_06 asset allocation links; change plans

Simba: ERROR FOR 85-06 CALCULATIONS: Cell Z3 on sheet Returns_85_06 uses the following formula: =Portfolio!$K$28 Cell AA3 on sheet Returns_85_06 uses the following formula: =Portfolio!$K$30 It looks like Cell AA3 needs to use the formula =Portfolio!$K$29, and the remaining cells in the row need new ...
by Eric White
Wed May 23, 2007 6:41 pm
Forum: Investing - Theory, News & General
Topic: Simba's backtesting spreadsheet [a Bogleheads community project]
Replies: 1032
Views: 573764

Good to hear

GBS,

That's really good to hear. I need to work on the problem area that was called out last night, but I don't know if that was introduced by my changes or was part of the original Rev5G.

Are you as surprised with some of the results as I am?

Cheers,
Eric
by Eric White
Wed May 23, 2007 12:55 pm
Forum: Investing - Theory, News & General
Topic: Simba's backtesting spreadsheet [a Bogleheads community project]
Replies: 1032
Views: 573764

Using Rev 5G

Simba,

Using Rev 5G.

Can you be more specific as to what's not working? I plan on fixing them tonight per the previous comment, if that's the problem. I don't know if that was a problem in 5G or one of my mods.

-Eric
by Eric White
Wed May 23, 2007 2:57 am
Forum: Investing - Theory, News & General
Topic: Simba's backtesting spreadsheet [a Bogleheads community project]
Replies: 1032
Views: 573764

Efficient frontier results

Hey everybody, Efficient frontier results for 1972-2006 and 1985-2006 are in the following attachment: Efficient frontier results, Rev 5G3 I'd be interested in Diehards reactions to the "efficient" allocations. Some were counterintuitive to me (reliance on Emerging Markets over EAFE; extre...
by Eric White
Wed May 23, 2007 1:27 am
Forum: Investing - Theory, News & General
Topic: Simba's backtesting spreadsheet [a Bogleheads community project]
Replies: 1032
Views: 573764

Updated install Excel Solver and efficient frontiers

Hey everybody, Here are the updated instructions to install and use Excel Solver for efficient frontier calculations. These have been updated with the simplified percentage only inputs. 1.) INSTALL MICROSOFT EXCEL SOLVER ADD-IN Go to Tools --> Add-Ins --> select "Solver Add-In" http://vang...
by Eric White
Wed May 23, 2007 12:54 am
Forum: Investing - Theory, News & General
Topic: Simba's backtesting spreadsheet [a Bogleheads community project]
Replies: 1032
Views: 573764

No more integers for efficient frontiers!

Hey everybody, I just found a way to remove the integer requirements for the Solver files. After removing all the Error statements built in, I have successfully driven both files without the integers. It also sped up the calculations significantly. So here are the new files with percentages! Rev 5G2...
by Eric White
Wed May 23, 2007 12:26 am
Forum: Investing - Theory, News & General
Topic: Simba's backtesting spreadsheet [a Bogleheads community project]
Replies: 1032
Views: 573764

Installing and using Excel Solver for Efficient Frontiers

Hey everybody, I apologize for not having time the other night to post a brief tutorial on how to use Excel Solver to find asset allocation efficient frontiers. *** EDIT: This tutorial has been updated for the simplified percentage-only file versions. Please read below for further details. 1.) INSTA...
by Eric White
Tue May 22, 2007 11:48 pm
Forum: Investing - Theory, News & General
Topic: Simba's backtesting spreadsheet [a Bogleheads community project]
Replies: 1032
Views: 573764

Updated efficient frontier files (Rev 5G2) posted

Simba, Sorry for the delay. I ran out of time the other night to fully address all the questions. Here are updates I made to your rev 5g files from your Yahoo Group. I did not want to duplicate work again, as this has taken me ~3 hours of testing this evening. Please use these files moving forward. ...