Search found 6765 matches

by midareff
Fri May 29, 2020 10:27 am
Forum: Investing - Theory, News & General
Topic: S&P500 vs World Performance
Replies: 195
Views: 11996

Re: S&P500 vs World Performance

"The proof is in the pudding" is an absolutely horrible way to invest. Isn't rule 1a of basically any reputable investing resource, "Past performance is no guarantee of future results?" The government even requires this disclosure. I don't care about pudding. Well, I was trying to remark that I do,...
by midareff
Fri May 29, 2020 10:20 am
Forum: Investing - Theory, News & General
Topic: S&P500 vs World Performance
Replies: 195
Views: 11996

Re: S&P500 vs World Performance

"The proof is in the pudding" is an absolutely horrible way to invest. Isn't rule 1a of basically any reputable investing resource, "Past performance is no guarantee of future results?" The government even requires this disclosure. I don't care about pudding. Well, I was trying to remark that I do,...
by midareff
Thu May 28, 2020 3:27 pm
Forum: Personal Finance (Not Investing)
Topic: How often do you change passwords on your investment accounts?
Replies: 42
Views: 2637

Re: How often do you change passwords on your investment accounts?

jebmke wrote:
Sat May 23, 2020 8:06 am
Once I create a very strong PW I never change it.
= 16 character or greater upper and lower case alpha numeric with special characters. All unique per site. No need to change as nothing else can be compromised.
by midareff
Thu May 28, 2020 8:34 am
Forum: Investing - Theory, News & General
Topic: Swedroe’s Bond Advice - no total bond index
Replies: 142
Views: 9776

Re: Swedroe’s Bond Advice - no total bond index

So I finally took the time to read Larry Swedroe’s The Only Guide to a Winning Bond Strategy You'll Ever Need. Great book for those of us who don’t understand or believe in bonds. Not sure I’m sold but I understand a lot more now. One thing perplexes me though so I need to ask. Bogleheads recommend...
by midareff
Thu May 28, 2020 7:37 am
Forum: Investing - Theory, News & General
Topic: S&P500 vs World Performance
Replies: 195
Views: 11996

Re: S&P500 vs World Performance

The bigger issue is not the number of stocks or whether the stock is domiciled in Brussels or New York or Delhi but rather that the portfolio is highly concentrated in stocks itself. Most of the people here take risk in equity side only so that means the portfolio will have a 0.95 Correlation or 95...
by midareff
Thu May 28, 2020 7:30 am
Forum: Investing - Theory, News & General
Topic: S&P500 vs World Performance
Replies: 195
Views: 11996

Re: S&P500 vs World Performance

Diversification isn't about maximizing returns. Otherwise everyone would just buy QQQ instead of SP500. I mean 100 stocks are more than enough for sure and you even get a higher return. Most people buying global market cap equities don't really understand diversification. They've just gone so far d...
by midareff
Thu May 28, 2020 7:09 am
Forum: Investing - Theory, News & General
Topic: S&P500 vs World Performance
Replies: 195
Views: 11996

Re: S&P500 vs World Performance

I read an article today from Warren Buffett where he said again to simply own the S&P 500. But then again, he's not a Boglehead and since the S&P500 isn't diversified enough to get a free lunch he must be wrong and his thinking is flawed. Now that was good! Knowing your posts I think you were jokin...
by midareff
Wed May 27, 2020 8:16 am
Forum: Investing - Theory, News & General
Topic: S&P500 vs World Performance
Replies: 195
Views: 11996

Re: S&P500 vs World Performance

abuss368 wrote:
Sat May 23, 2020 7:38 am
I read an article today from Warren Buffett where he said again to simply own the S&P 500.
But then again, he's not a Boglehead and since the S&P500 isn't diversified enough to get a free lunch he must be wrong and his thinking is flawed.
by midareff
Tue May 26, 2020 6:56 pm
Forum: Personal Investments
Topic: First post - any advice appreciated
Replies: 9
Views: 873

Re: First post - any advice appreciated

Toons wrote:
Tue May 26, 2020 6:50 pm
Debt: 90k total

Pay Down
Pay Off
ASAP
Using laser like focus



:mrgreen:
Excellent advice.... Emergency Find first, then get rid of that debt.
by midareff
Tue May 26, 2020 6:52 pm
Forum: Personal Investments
Topic: Choice of Income Fund
Replies: 2
Views: 249

Re: Choice of Income Fund

VWIAX would be my choice too...... 72 years old and starting year 9 of retirement. I have enough, don't need to risk what I do have to try and make more I probably can't use after a lifetime of being how I am. At roughly 31/69 for the Target Fund vs. a basically 40/60 for the Wellesly. While their p...
by midareff
Mon May 25, 2020 10:07 am
Forum: Personal Finance (Not Investing)
Topic: Use of TransferWise to move money - my experience - your thoughts?
Replies: 22
Views: 5115

Re: Use of TransferWise to move money - my experience - your thoughts?

Tried them today for the first time. Ally transfer to wife's Siam Commercial Bank Passbook Account in Bangkok. Not expecting an issue but we will see.... it all seems simple enough.



Edit Note: Money arrived next day as it was supposed too.
by midareff
Sun May 24, 2020 9:04 am
Forum: Personal Consumer Issues
Topic: If Jeep has such poor reliability, how come they are everywhere?
Replies: 155
Views: 11453

Re: If Jeep has such poor reliability, how come they are everywhere?

Had a loaded up Jeep Liberty for 7 years/75K miles..... drive it to work and park it in the sun and let it cook. Water pump replaced year 7. Fun ride and at $22K brand new it was cheap to keep. Original tires went 52K miles and were still legal tread depth.
by midareff
Sat May 23, 2020 4:00 pm
Forum: Personal Consumer Issues
Topic: Personal spending out of control after Covid-19
Replies: 120
Views: 9596

Re: Personal spending out of control after Covid-19

Opposite here... spending is way down. Primary cc is down from $2K a month to a couple hundred. The card we use for eating out is maybe $75 for pickup orders last 2 weeks. Drinking a bit more... Oh well, it's good Bourbon. Way to much TV... Cruise lines owe us maybe $30K in refunds, we will see what...
by midareff
Sat May 23, 2020 9:02 am
Forum: Personal Investments
Topic: Should We Our Shorten Bond Duration?
Replies: 43
Views: 2551

Re: Should We Our Shorten Bond Duration?

With Ireland domiciled ETFs we don't get SEC Yields. We use YTM (yield to maturity). We need to use SOMETHING for apples to apples comparisons. I happen to like the USA's SEC Yield. I think I would have a second look at your Effective Duration numbers and add consideration for what the funds are ac...
by midareff
Sat May 23, 2020 4:16 am
Forum: Personal Investments
Topic: Should We Our Shorten Bond Duration?
Replies: 43
Views: 2551

Re: Should We Our Shorten Bond Duration?

I think I would have a second look at your Effective Duration numbers and add consideration for what the funds are actually yielding rather than current SEC Yield, of which Vanguard says; "A non-money market fund's SEC yield is based on a formula mandated by the Securities and Exchange Commission (S...
by midareff
Sat May 23, 2020 3:05 am
Forum: Personal Finance (Not Investing)
Topic: The axe falls and I am prepared. What's next?
Replies: 364
Views: 27634

Re: The axe falls and I am prepared. What's next?

Sorry to hear the news KF. I'd try to work a few more years to add to the cushion if I could since bad things can happen to good people, and in a few years your human capital will have depreciated away.
by midareff
Fri May 22, 2020 4:26 pm
Forum: Personal Consumer Issues
Topic: Blown Power Amplifier: Repair or Replace? [resolved]
Replies: 39
Views: 1787

Re: Blown Power Amplifier: Repair or Replace?

Replacing the three fuses is rally inexpensive. They generally use auto type fuses available at almost every auto parts store. While the NAD is a good amplifier it is consumer grade electronics, and easily replaceable with like quality for a couple hundred bucks.
by midareff
Fri May 22, 2020 3:47 pm
Forum: Personal Consumer Issues
Topic: Do you dislike recurring billing for gyms?
Replies: 68
Views: 3419

Re: Do you dislike recurring billing for gyms?

UpperNwGuy wrote:
Thu May 21, 2020 8:42 am
I dislike all forms of autopay.
Amen......... even Netflix although we get a ton of hours on it. LastPass annual billing for premium, Amazon Prime, SmugMug Photosite, AAA, AARP, Malwarebytes, .. I'm sure I'm missing a few.
by midareff
Fri May 22, 2020 7:33 am
Forum: Investing - Theory, News & General
Topic: Who's right about the future? Stock or Bond market?
Replies: 50
Views: 4458

Re: Who's right about the future? Stock or Bond market?

I prefer to stay closer to 50/50 since I know "nobody knows nothing", and that sure includes me.
by midareff
Fri May 22, 2020 7:01 am
Forum: Personal Investments
Topic: Appropriate rate of AA adjustment
Replies: 8
Views: 536

Re: Appropriate rate of AA adjustment

Seeing as you have had the allocation for a considerable time period keep one eye on tax consequences..... if it matters little to not at all get it done with.... it the tax bite is a concern moderate to fit your needs.
by midareff
Thu May 21, 2020 2:36 pm
Forum: Personal Investments
Topic: Strategy: %Cash in Portfolio
Replies: 17
Views: 1490

Re: Strategy: %Cash in Portfolio

I measure cash on the first of the month, monthly right after SS and pension pays. They are adequate to pay our bills. RMD and withdrawals from taxable (low 2 comma portfolio) are for spending on travel and such. Total cash stays around 4% between checking, savings, +/- ..... it's a bit higher now a...
by midareff
Thu May 21, 2020 8:21 am
Forum: Personal Consumer Issues
Topic: What are you listening to now
Replies: 615
Views: 32529

Re: What are you listening to now

Elton streaming on the internet
by midareff
Wed May 20, 2020 7:49 am
Forum: Personal Consumer Issues
Topic: Do you give mechanics 2nd (3rd) chances?
Replies: 22
Views: 1614

Re: Do you give mechanics 2nd (3rd) chances?

I would find an independent BMW-specific mechanic. A good number of BMW master mechanics strike out on their own and open small, independent shops that specialize in the brand, or in a couple European brands. I have a great one not far from my house, who gets all the work I don't want to do. :) If ...
by midareff
Tue May 19, 2020 1:22 pm
Forum: Personal Investments
Topic: Bonds or precious metals?
Replies: 28
Views: 1260

Re: Bonds or precious metals?

Does silver have an interest rate to compare to bonds? The theoretically expected real return of silver is zero, which is better than bonds right now. Not really....... the Short Term Corp Index, IT Corp Index and IT Tax-Ex are all positive for the year and have a positive 12 month real return. I'm...
by midareff
Tue May 19, 2020 6:44 am
Forum: Personal Consumer Issues
Topic: Tea supplier comparison
Replies: 48
Views: 4114

Re: Tea supplier comparison

I've had excellent results with www.teaspring.com with many varieties and specialties not available in the US.
by midareff
Tue May 19, 2020 6:20 am
Forum: Personal Investments
Topic: Bonds or precious metals?
Replies: 28
Views: 1260

Re: Bonds or precious metals?

Does silver have an interest rate to compare to bonds? The theoretically expected real return of silver is zero, which is better than bonds right now. Not really....... the Short Term Corp Index, IT Corp Index and IT Tax-Ex are all positive for the year and have a positive 12 month real return.
by midareff
Mon May 18, 2020 3:50 pm
Forum: Personal Investments
Topic: Bonds or precious metals?
Replies: 28
Views: 1260

Re: Bonds or precious metals?

Does silver have an interest rate to compare to bonds?
by midareff
Mon May 18, 2020 11:22 am
Forum: Personal Investments
Topic: Trading vs. Holding
Replies: 72
Views: 2234

Re: Trading vs. Holding

Trading: Buy 100 shares of stock at $95 on April 1 and sell on April 10 for $100. + $500 Buy 100 shares of same stock at $96 on April 13 and sell on April 18 for $100. + $400 Buy 100 shares of same stock at $94 on April 21 and sell on April 24 for $100. + $600 Buy 100 shares of same stock at $97 on...
by midareff
Mon May 18, 2020 11:19 am
Forum: Personal Consumer Issues
Topic: Will cash be obsolete in a new digital world?
Replies: 20
Views: 1041

Re: Will cash be obsolete in a new digital world?

I still carry cash... not sure why anymore other than for a cash gratuity when I think it may be diluted otherwise. On tours I use USD for gratuities to local guides. ,, other than that haven't used cash in a long time. Why would I when almost everything goes on a cash back credit card and the rest ...
by midareff
Mon May 18, 2020 10:23 am
Forum: Investing - Theory, News & General
Topic: Draw down strategy
Replies: 7
Views: 517

Re: Draw down strategy

OP, So what does the cash flow and tax analysis say? You are balancing ACA payments now against a future of increased taxes on RMDs. WoodSpinner It shows saving a large sum in taxes by staying in the ACA boundary, paying some taxes now and less later. My questioning this was because It seemed contr...
by midareff
Mon May 18, 2020 10:16 am
Forum: US Chapters
Topic: South Florida Local Chapter
Replies: 452
Views: 113055

Re: South Florida Local Chapter

Nice to see U Miriam...... U stay safe
by midareff
Mon May 18, 2020 8:47 am
Forum: Personal Consumer Issues
Topic: VW and Audi 0% APR - to buy or not?
Replies: 43
Views: 2380

Re: VW and Audi 0% APR - to buy or not?

Make sure the warranty is bumper to bumper, or at a minimum complete drive train. Today's electronics and sensors can be very expensive to repair (bumper to bumper).. Unlike many Bogleheads I do not have a problem with financing cars, provided I can make more after tax interest than the loan costs. ...
by midareff
Mon May 18, 2020 8:25 am
Forum: Investing - Theory, News & General
Topic: S&P500 vs World Performance
Replies: 195
Views: 11996

Re: S&P500 vs World Performance

International has done poorly in recent years compared to the US. There is no guarantee that will continue. And, if you are going to check performance, 10 years is too short a time period. 40 years would be better - get you back to 1980, near the beginning of the personal computer and near the star...
by midareff
Mon May 18, 2020 6:08 am
Forum: Investing - Theory, News & General
Topic: S&P500 vs World Performance
Replies: 195
Views: 11996

Re: S&P500 vs World Performance

VGTSX (Vanguard Total International Stock Index Fund Investor Shares) VS. SPY Date Range from April 29th 1996 through 5/15/20 (25 years back) VGTSX (10.26—14.23) +38.6% W/total dividends of $8.23 added in (not compounded): 118.91% SPY (65.54—286.28) +336.8% W/total dividends of 66.56 (not compounde...
by midareff
Sun May 17, 2020 12:12 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Mutual Fund Platform EOL
Replies: 245
Views: 8622

Re: Vanguard Mutual Fund Platform EOL

Forcing them to pay into a MM fund and then have to go in and sell the MM and direct the proceeds to your bank seems like a huge step backwards to me. You already can have the distributions sent directly to your bank, just like in the old platform. The only thing you can’t do on the new platform is...
by midareff
Sun May 17, 2020 9:24 am
Forum: Personal Investments
Topic: Municipal bonds - concerns?
Replies: 31
Views: 2477

Re: Municipal bonds - concerns?

Yes, I would be concerned. Exactly how concerned would depend on the credit rating and state. Very concerned. I have friends that held individual bonds in the financial crisis of 2007/8 and experienced defaults and bankruptcies. Your bonds are your "safe" money and credit quality is extremely impor...
by midareff
Sun May 17, 2020 8:38 am
Forum: Investing - Theory, News & General
Topic: S&P500 vs World Performance
Replies: 195
Views: 11996

Re: S&P500 vs World Performance

I'll stick with the overwhelming winner, the S&P 500 Index fund, until it's not the winner. Good luck with that. Investing in something until it is not the winner literally means you'll sell after it underperforms. and after 100 or more years of under-performance, and having to continually balance ...
by midareff
Sun May 17, 2020 8:36 am
Forum: Investing - Theory, News & General
Topic: S&P500 vs World Performance
Replies: 195
Views: 11996

Re: S&P500 vs World Performance

VGTSX (Vanguard Total International Stock Index Fund Investor Shares) VS. SPY Date Range from April 29th 1996 through 5/15/20 (25 years back) VGTSX (10.26—14.23) +38.6% W/total dividends of $8.23 added in (not compounded): 118.91% SPY (65.54—286.28) +336.8% W/total dividends of 66.56 (not compounde...
by midareff
Sun May 17, 2020 8:33 am
Forum: Personal Investments
Topic: Municipal bonds - concerns?
Replies: 31
Views: 2477

Re: Municipal bonds - concerns?

Yes, I would be concerned. Exactly how concerned would depend on the credit rating and state. Very concerned. I have friends that held individual bonds in the financial crisis of 2007/8 and experienced defaults and bankruptcies. Your bonds are your "safe" money and credit quality is extremely impor...
by midareff
Sun May 17, 2020 8:21 am
Forum: Investing - Theory, News & General
Topic: Vanguard Mutual Fund Platform EOL
Replies: 245
Views: 8622

Re: Vanguard Mutual Fund Platform EOL

Why is it so important to some long-time Vanguard customers to be able to automatically redirect the dividends of one fund into a different fund? Seems like a minor feature to me in the grand scheme of things. If you are retired and want to draw monthly from a specific account you may want to have ...
by midareff
Sun May 17, 2020 6:33 am
Forum: Investing - Theory, News & General
Topic: Big changes to S&P 500?
Replies: 24
Views: 2461

Re: Big changes to S&P 500?

LiveSimple wrote:
Sun May 17, 2020 6:10 am
Sure, then another reason to consider the Total Stock Market Index fund
Ahhhh... so as to keep some more of those endangered and no longer meeting criteria?
by midareff
Sat May 16, 2020 4:09 pm
Forum: Personal Consumer Issues
Topic: How did you feel after giving notice to retire?
Replies: 52
Views: 4294

Re: How did you feel after giving notice to retire?

Assume you have enough money to retire with a very conservative asset allocation. Is it normal to have conflicting thoughts? Second guessing yourself. Maybe about how much money you are leaving on the table. Feelings of separation and loss. Can anyone relate to this? Francis It was much more about ...
by midareff
Sat May 16, 2020 8:17 am
Forum: Personal Consumer Issues
Topic: Password vault or generator?
Replies: 74
Views: 3925

Re: Password vault or generator?

I use LastPass.... different long strong passwords for all financial sites.
by midareff
Sat May 16, 2020 7:38 am
Forum: Personal Investments
Topic: Has anyone else invested this way?
Replies: 13
Views: 1188

Re: Has anyone else invested this way?

I gave up on international investing and hold VTSAX in taxable and VFIAX in my IRA. While their total long term performance is almost identical VFIAX pays a bit more taxable dividend (SEC 2.21% as a taxable distribution per M* this date) than VTSAX (1.88% SEC per M* this date). I think you will be f...
by midareff
Fri May 15, 2020 4:10 am
Forum: Personal Investments
Topic: Why international?
Replies: 636
Views: 40792

Re: Why international?

You do realize I used the same fund, just the investor shares that has been around much longer? You should do some homework before your post and avoid diatribes. Then you should have cited investor shares and supplied the ticker of the Vanguard fund you are citing. I specifically cited the Admiral ...
by midareff
Thu May 14, 2020 5:48 pm
Forum: Personal Investments
Topic: Why international?
Replies: 636
Views: 40792

Re: Why international?

Bogle also said “Don't look for the needle in the haystack. Just buy the haystack!” He didn't say buy the US haystack. Isn't the US market a needle (albeit a large one) in the global haystack? I buy international, at roughly market weight, because I believe in buying the haystack. Did he say Intern...
by midareff
Thu May 14, 2020 12:08 pm
Forum: Personal Investments
Topic: Why international?
Replies: 636
Views: 40792

Re: Why international?

jibantik Obviously, you are staunch in your belief system that investing in the Every Stock That Exists Fund (perhaps along with the Every Bond That Exists Fund) is the only way someone should ever consider investing. It is the superior way to go. If it is working for you since you got into the fun...
by midareff
Thu May 14, 2020 9:40 am
Forum: Personal Investments
Topic: Why international?
Replies: 636
Views: 40792

Re: Why international?

And the U.S. has the strongest financial institutions and shareholder protections in the world, Bogle said. Counter-point to consider, the financial crisis of 2008-09 gave a pretty clear signal on the strength of US financial institutions. As I've posted numerous times recently, this is an endless ...
by midareff
Thu May 14, 2020 9:06 am
Forum: Investing - Theory, News & General
Topic: Fixed Income lessons learned from Coronavirus?
Replies: 48
Views: 4258

Re: Fixed Income lessons learned from Coronavirus?

Hello all. I am curious how Bogleheads are viewing or adjusting their investment portfolios during this uncertain time. Some are staying the course. Others are reworking their investment strategies. Are there any “lessons” you have learned or adjustments you have made? Some questions come to mind f...
by midareff
Thu May 14, 2020 7:25 am
Forum: Personal Investments
Topic: Why international?
Replies: 636
Views: 40792

Re: Why international?

I wasn't cherry picking... I used the full life of the International fund from it's inception date 11/29/2010 to yesterday's market close... you are cherry picking. Are you going to cite fund performance from as time period prior to it's existence? Beware of data that is obviously out of sink with ...