Search found 1757 matches

by Angst
Fri Jul 20, 2018 1:59 pm
Forum: Personal Finance (Not Investing)
Topic: Somewhat odd HSA question
Replies: 5
Views: 443

Re: Somewhat odd HSA question

B4Xt3r wrote:
Fri Jul 20, 2018 12:51 pm
She actually maxed it out. That said, it seems that we cannot max my new one out for the rest of the year. Thanks.

It would seem to me that not only can't you "max my new one out for the rest of the year", neither can you contribute anything at all to it. :D
by Angst
Fri Jul 20, 2018 12:45 pm
Forum: Investing - Theory, News & General
Topic: Is HSA Bank + TD Ameritrade still the best HSA choice?
Replies: 68
Views: 13544

Re: Is HSA Bank + TD Ameritrade still the best HSA choice?

I've decided to transfer my HSA Bank/TDA Brokerage HSA account to Lively. - Have people been assessed an exit fee by HSA Bank? - I gather that I should first go through the process of setting up the account at Lively, get my bank setup with them too and then after getting all that done, email Lively...
by Angst
Fri Jul 20, 2018 10:51 am
Forum: Personal Consumer Issues
Topic: unripe fruit on a branch that has fallen off the tree
Replies: 7
Views: 699

Re: unripe fruit on a branch that has fallen off the tree

I don't know, but I would have taken the branch and put it into a bucket of water. They graft fruit trees all the time so perhaps it might have done alright in water, at least long enough perhaps to eventually ripen some fruit? Like I said, I dunno but it would have been fun to try.
by Angst
Fri Jul 20, 2018 7:12 am
Forum: Investing - Help with Personal Investments
Topic: 10 Year Tips auction
Replies: 11
Views: 716

Re: 10 Year Tips auction

Do you think the coupon with be .75%? Yes coupon is 0.75%. As it was a reopening auction this was known in advance. No grok, this was a new auction. 10 yr TIPS currently auction as new issues in Jan and July and have auction reopenings on the subsequent odd-numbered months. The 0.75% (3/4%) interes...
by Angst
Wed Jul 18, 2018 6:55 pm
Forum: Investing - Theory, News & General
Topic: Help me understand TIPs.
Replies: 44
Views: 2570

Re: Help me understand TIPs.

I have a hard time recommending TIPS. Risk and return are linked and this is one of the safest investments out there. The only case where they would beat normal treasuries are in a situation where inflation increased unexpectedly. I'm pretty much just amusing myself here with semantics, but I'm sur...
by Angst
Wed Jul 18, 2018 5:53 pm
Forum: Investing - Help with Personal Investments
Topic: 10 Year Tips auction
Replies: 11
Views: 716

Re: 10 Year Tips auction

The 5 year is just a few basis points less in yield? https://www.treasury.gov/resource-center/data-chart-center/interest-rates/Pages/TextView.aspx?data=realyieldYear&year=2018 As you can see, the yield curve is fairly flat right now. Only 10 BP between the 10yr and the 30yr. I think I know which on...
by Angst
Wed Jul 18, 2018 5:35 pm
Forum: Investing - Help with Personal Investments
Topic: 10 Year Tips auction
Replies: 11
Views: 716

Re: 10 Year Tips auction

I'm in. I was for the January issue as well.
by Angst
Wed Jul 18, 2018 5:13 pm
Forum: Investing - Theory, News & General
Topic: Help me understand TIPs.
Replies: 44
Views: 2570

Re: Help me understand TIPs.

I'm pretty much just amusing myself here with semantics, but I'm sure you'd agree that when it comes to funding a real (not nominal) LMP, you can't beat TIPS. Well perhaps so, however I have no clue what a LMP is. Sorry. "Liability Matching Portfolio" Here's a thread grok put together that explains...
by Angst
Wed Jul 18, 2018 4:30 pm
Forum: Investing - Theory, News & General
Topic: Help me understand TIPs.
Replies: 44
Views: 2570

Re: Help me understand TIPs.

I have a hard time recommending TIPS. Risk and return are linked and this is one of the safest investments out there. The only case where they would beat normal treasuries are in a situation where inflation increased unexpectedly. I'm pretty much just amusing myself here with semantics, but I'm sur...
by Angst
Wed Jul 18, 2018 4:16 pm
Forum: Personal Consumer Issues
Topic: Beginner Kayaks
Replies: 5
Views: 314

Re: Beginner Kayaks

As I think everyone above has already pointed out, the kind of boating you're planning on doing matters a lot. A real lot! You want to end up with the right kind of boat. And what's with all the newbie BH kayak threads these days?! Here's another one from just a day or two ago: kayaking! , and my re...
by Angst
Mon Jul 16, 2018 5:03 pm
Forum: Personal Consumer Issues
Topic: kayaking!
Replies: 17
Views: 1425

Re: kayaking!

Welcome... kinda odd though, your first and only post so far and it's about kayaking? Go figure. Anyhow, I used to kayak quite a bit and from my perspective, it's important for a newbie to understand that whatever organization you might end up in contact with, they may well have a very specific pers...
by Angst
Thu Jul 12, 2018 10:46 am
Forum: Investing - Theory, News & General
Topic: COMING SOON: BOGLEHEADS PODCASTS
Replies: 341
Views: 10371

Re: COMING SOON: BOGLEHEADS PODCASTS

Sounds interesting,
I look forward to Talking Bogleheads

Perhaps Rick might start a tradition of having each episode automatically generate a follow-up/commentary thread in the forum where the expectation would be that the speaker will participate and respond to questions.
by Angst
Thu Jul 12, 2018 9:48 am
Forum: Investing - Theory, News & General
Topic: Vanguard to offer non-Vanguard ETFs commission-free
Replies: 124
Views: 9269

Re: Vanguard to offer non-Vanguard ETFs commission-free

I'd just tack on the overall lack of quality in Vanguard's IT. The margins left for cutting expenses vs. the competition have shrunk immensely, and there's not a lot of significant room left to move. But I believe strongly that over the last 5-10 yrs there has been a slowly opening window of opport...
by Angst
Wed Jul 04, 2018 12:54 pm
Forum: Investing - Theory, News & General
Topic: Vanguard to offer non-Vanguard ETFs commission-free
Replies: 124
Views: 9269

Re: Vanguard to offer non-Vanguard ETFs commission-free

[Snip...] The wild-card / open question for me is whether or not the leadership of Vanguard is aware of the perception of lack of quality of the brokerage platform? If so, do they believe the issues are behind them? I would hope so, if not, it would seem to put them at real risk of ticking off new ...
by Angst
Wed Jul 04, 2018 11:11 am
Forum: Investing - Theory, News & General
Topic: Vanguard to offer non-Vanguard ETFs commission-free
Replies: 124
Views: 9269

Re: Vanguard to offer non-Vanguard ETFs commission-free

[Snip...] The wild-card / open question for me is whether or not the leadership of Vanguard is aware of the perception of lack of quality of the brokerage platform? If so, do they believe the issues are behind them? I would hope so, if not, it would seem to put them at real risk of ticking off new ...
by Angst
Tue Jul 03, 2018 6:42 pm
Forum: Investing - Theory, News & General
Topic: Morningstar: What to Consider When Picking Multifactor ETFs
Replies: 83
Views: 4978

Re: Multi-Factor funds vs. Total Stock Market

I'm not so sanguine about the notion of comparing a TSM investment with a Multi-factor fund. Much in the way not so long ago we were hearing about all the new funds that could give us "equity-like returns" without the volatility, I'm more than content to just take a wait and see approach to things. ...
by Angst
Tue Jul 03, 2018 2:00 pm
Forum: Investing - Theory, News & General
Topic: Treasury Auction - Nobody Came: "Great T-Bill Massacre"
Replies: 145
Views: 11874

Re: Treasury Auction - Nobody Came: "Great T-Bill Massacre"

Sounds like the late 1950's when interest rates started to rise. Here's some related Time magazine snips I took awhile back when looking at this period: Monday, Dec. 03, 1956 Will the tight money market get tighter still? Last week, Wall Street apparently feared that it would, and that worry, plus ...
by Angst
Fri Jun 29, 2018 7:41 am
Forum: Personal Consumer Issues
Topic: What Book Are You Currently Reading? Part VI
Replies: 3129
Views: 956647

Re: What Book Are You Currently Reading? Part VI

Warren arrives later in the book, but once he does, yes, he figures prominently. I won’t say more if you’re going to re-read the book. I also read the book some years ago, but got much more out of it this time around, such as her father’s influence on her, especially when he bought the newspaper an...
by Angst
Thu Jun 28, 2018 8:30 pm
Forum: Personal Consumer Issues
Topic: What Book Are You Currently Reading? Part VI
Replies: 3129
Views: 956647

Re: What Book Are You Currently Reading? Part VI

After watching the excellent Steven Spielberg film, The Post , some months ago, I got curious about how close it played to the real events. So I re-read Katharine Graham's book, Personal History , and then the Pentagon Papers section in the book, Ben Bradlee: A Good Life , and thought it was close ...
by Angst
Thu Jun 28, 2018 3:55 pm
Forum: Investing - Theory, News & General
Topic: History of Protectionism and Stock Returns, 1825-2015
Replies: 19
Views: 2104

Re: History of Protectionism and Stock Returns, 1825-2015

jbranx, what do you think? The graph doesn't seem to square with your recollections of either the US or China, neither in absolute terms nor relative. I 'll have look further on where I thought I saw those numbers I quoted. Maybe I got it totally screwed up from something else!! Corporate profits a...
by Angst
Thu Jun 28, 2018 10:43 am
Forum: Investing - Theory, News & General
Topic: History of Protectionism and Stock Returns, 1825-2015
Replies: 19
Views: 2104

Re: History of Protectionism and Stock Returns, 1825-2015

Paul Krugman pointed out the other day that in previous trade wars we were dealing with interconnected firms. Today we have interdependent firms. Though nearly 60% of global GDP today comes from trade (total imports and exports), that exposure is not evenly shared across the globe — companies in so...
by Angst
Wed Jun 27, 2018 2:27 pm
Forum: Personal Finance (Not Investing)
Topic: How many months of living expenses would you keep in your bank.
Replies: 61
Views: 3932

Re: How many months of living expenses would you keep in your bank.

My goal is to have no more than necessary to pay ongoing monthly expenses. Semiannual bills might require a bit more foresight, but with bi-weekly paychecks automatically going into checking as well, I find myself periodically moving something out of checking and into my Vanguard settlement fund. Ma...
by Angst
Tue Jun 26, 2018 12:57 pm
Forum: Personal Finance (Not Investing)
Topic: CNBC: Social Security buying power has slipped by a third for retirees
Replies: 95
Views: 6973

Re: CNBC: Social Security buying power has slipped by a third for retirees

Here are the actual percentages. http://www.pensionrights.org/publications/statistic/sources-income-older-adults-0#tb Depending on age 50-70% of retirees get 50% or more of their income from SS. But only ~30% get 90% of their income from SS. <25% get 100% of their income from SS. So it all depends ...
by Angst
Tue Jun 26, 2018 11:36 am
Forum: Personal Finance (Not Investing)
Topic: CNBC: Social Security buying power has slipped by a third for retirees
Replies: 95
Views: 6973

Re: CNBC: Social Security buying power has slipped by a third for retirees

SS is and never was supposed to be a major source of income to pay for retirement. I encounter this idea sometimes and I don''t think it's very accurate. Social Security is designed to replace a substantial portion of the wages no longer received by retired lower earners. The portion of income that...
by Angst
Tue Jun 26, 2018 10:19 am
Forum: Personal Finance (Not Investing)
Topic: CNBC: Social Security buying power has slipped by a third for retirees
Replies: 95
Views: 6973

Re: CNBC: Social Security buying power has slipped by a third for retirees

SS is and never was supposed to be a major source of income to pay for retirement. I encounter this idea sometimes and I don''t think it's very accurate. Social Security is designed to replace a substantial portion of the wages no longer received by retired lower earners. The portion of income that...
by Angst
Mon Jun 25, 2018 9:23 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Long Term Factors
Replies: 27
Views: 2113

Re: Larry Swedroe: Long Term Factors

This is the kind of long-term track record for a specific factor exposure that impresses me the most: http://i41.tinypic.com/e82xvt.png The data analysis involved in the other factors addressed in the study Larry refers to in his article is not comparable to the actual history represented graphicall...
by Angst
Thu Jun 21, 2018 4:11 am
Forum: Investing - Theory, News & General
Topic: I-bonds look pretty bad right now
Replies: 92
Views: 10777

Re: I-bonds look pretty bad right now

#Cruncher wrote:
Mon Jun 18, 2018 4:46 pm
However, there are three ways a 0.3% fixed rate I Bond could have a positive after tax real return.
I think technically there's a 4th:

If proceeds are used to pay for a qualified educational expense.
by Angst
Wed Jun 20, 2018 5:31 am
Forum: Investing - Help with Personal Investments
Topic: Treasury Direct Question
Replies: 23
Views: 2458

Re: Treasury Direct Question

For my needs, I'd never buy anything but US Savings Bonds at Treasury Direct. As far as treasuries go, I get the same price at Vanguard (and one can elsewhere) but have the flexibility of already holding my treasuries at Vanguard where I have the bulk of all my other investments. It's so much easier...
by Angst
Thu May 24, 2018 11:28 am
Forum: Personal Consumer Issues
Topic: Wisdom teeth removal and HSA
Replies: 9
Views: 998

Re: Wisdom teeth removal and HSA

I would max my contributions to the HSA and wait until I have enough $ to pay out of pocket - I wouldn't touch that HSA for years, hopefully not until I'm in retirement and on Medicare. The HSA is perhaps the best long-term savings vehicle you can get. Search the site for past threads & look at the ...
by Angst
Fri May 11, 2018 8:38 am
Forum: Investing - Help with Personal Investments
Topic: How to play a country currency devaluation (e.g.: Argentina)
Replies: 3
Views: 432

Re: How to play a country currency devaluation (e.g.: Argentina)

This reminds me of a situation many years ago... 1980, to be precise, when I was traveling in Central America and I visited Nicaragua several times over the course of that year. I was far from alone in taking advantage of the black market for Cordobas. Officially 10/1 US$, but on the street, somethi...
by Angst
Tue May 08, 2018 11:25 am
Forum: Investing - Theory, News & General
Topic: Retirement bonds
Replies: 67
Views: 7730

Re: Retirement bonds

To be honest this whole thing sounds like an idea only an academic could love ( or a group of academics also known as a “pomposity of professors”...) In this case, I think there's a lot more "pie in the sky" going on here than pomposity, so I'm somewhat in agreement with you. But what's wrong with ...
by Angst
Tue May 08, 2018 9:46 am
Forum: Investing - Theory, News & General
Topic: Do people in the forum hold foreign bonds?
Replies: 69
Views: 6322

Re: Do people in the forum hold foreign bonds?

Do people in the forum hold foreign bonds?....in which fund(s) and what percent of total bonds? Two of our three core holdings include foreign bonds: Total Bond Market Index is 5% foreign and Wellington's bond portfolio is 7% foreign . Do people in the forum hold foreign bonds? You bet they do, eve...
by Angst
Tue May 08, 2018 8:52 am
Forum: Investing - Theory, News & General
Topic: Why do so many Americans not own stocks?
Replies: 44
Views: 3768

Re: Why do so many Americans not own stocks?

I don't understand it. People complain about not having enough money . The fact is, the richest people own businesses, or are part-owners. That should give people a clue to buy stocks in companies. People can save up some money from their employment, in order to buy stocks. Why don't more people bu...
by Angst
Mon May 07, 2018 5:39 pm
Forum: Personal Consumer Issues
Topic: When to buy new underwear?
Replies: 86
Views: 6493

Re: When to buy new underwear?

When?!!
Well, about when I saw the title of this thread, that's when.
by Angst
Mon May 07, 2018 4:35 pm
Forum: Investing - Theory, News & General
Topic: Retirement bonds
Replies: 67
Views: 7730

Re: Retirement bonds

I find these bonds to be a very interesting assets for retirement. They are basically zero principal 20 year bonds . Another way to think of them is mini 20 year fixed term income annuities. Yes, sounds nice! (Including the inflation component of course.) I've always kinda wished for zero-coupon TI...
by Angst
Wed May 02, 2018 3:03 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Real Estate Isn’t Special
Replies: 49
Views: 7414

Re: Larry Swedroe: Real Estate Isn’t Special

Ah, to stroll down Memory Lane once again, where the self-evident convictions of youth reside...
by Angst
Mon Apr 30, 2018 1:55 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Real Estate Isn’t Special
Replies: 49
Views: 7414

Re: Larry Swedroe: Real Estate Isn’t Special

When something gets “financialized”, it’s uniqueness seems to evaporate. As I’ve evolved into a major league factor and alt investor, this is a bit of a nagging concern for me. Of course my concern is greatest for the behavioral anomalies. Risk based sources of return should rationally persist. I d...
by Angst
Thu Apr 12, 2018 8:44 am
Forum: Investing - Theory, News & General
Topic: Introduction to Treasury Inflation Protected Securities (TIPS)
Replies: 53
Views: 5370

Re: Introduction to Treasury Inflation Protected Securities (TIPS)

I think the presentation missed what I consider to be the best use for TIPS--that is for liability matching. As retirees withdrawing from our portfolio for living expenses, we are more concerned about predictable, real cash flow than income. As has been discussed on this board many times, nothing d...
by Angst
Mon Apr 09, 2018 11:04 pm
Forum: Investing - Theory, News & General
Topic: How Often Do Stocks & Bonds Suffer Concurrent Losses?
Replies: 31
Views: 3125

Re: How Often Do Stocks & Bonds Suffer Concurrent Losses?

I wonder, is there a metric for "human capital" you could add to the graphics? Wage growth? Especially (of course) if it might counteract some of the "red circled" years. Good question. The only thing I can add is that historically, since the 1960s, wage growth has tended to increase as inflation h...
by Angst
Mon Apr 09, 2018 8:44 pm
Forum: Investing - Theory, News & General
Topic: How Often Do Stocks & Bonds Suffer Concurrent Losses?
Replies: 31
Views: 3125

Re: How Often Do Stocks & Bonds Suffer Concurrent Losses?

Very nice post Simplegift, thank you. I wonder, is there a metric for "human capital" you could add to the graphics? Wage growth? Especially (of course) if it might counteract some of the "red circled" years.
by Angst
Sun Apr 08, 2018 10:08 am
Forum: Personal Finance (Not Investing)
Topic: Higher total income in retirement than during working?
Replies: 51
Views: 4924

Re: Higher total income in retirement than during working?

The "higher income in retirement" that I see people aspiring to is what I would casually call exceeding one's "net income" or "take-home pay". When working, both taxes and 401k/IRA expenditures can eat up a good portion of one's gross income, and it is the "net income" or "take-home pay" level that ...
by Angst
Mon Apr 02, 2018 6:14 pm
Forum: Investing - Help with Personal Investments
Topic: Treasury Floating Rate Note-Has its Time Arrived?
Replies: 37
Views: 3177

Re: Treasury Floating Rate Note-Has its Time Arrived?

Clearly, we need a Boglehead to step up to the plate and buy one of these darn things so they can turn around and try to re-sell it! I've seen active auction links before at Vanguard for Treasury FRN's, so I do assume they can be bought as such. After buying their FRN, our intrepid volunteer would ...
by Angst
Mon Apr 02, 2018 5:29 pm
Forum: Investing - Help with Personal Investments
Topic: Treasury Floating Rate Note-Has its Time Arrived?
Replies: 37
Views: 3177

Re: Treasury Floating Rate Note-Has its Time Arrived?

As far as I can tell you can't buy them at Vanguard on the secondary market. I'm hoping they'll be available at the auction later this month. Otherwise you can buy them at TreasuryDIrect and transfer them to Vanguard, but I think you have to mail in a form to do that. Clearly, we need a Boglehead t...
by Angst
Mon Apr 02, 2018 2:24 pm
Forum: Investing - Help with Personal Investments
Topic: Treasury Floating Rate Note-Has its Time Arrived?
Replies: 37
Views: 3177

Re: Treasury Floating Rate Note-Has its Time Arrived?

I just called the Vanguard Fixed Income Desk and asked if I could purchase Treasury FRN's at auction and sell them in the secondary market before the 2 year term is up. Their answer was yes. That clears up the liquidity issue from my standpoint. I have 200K sitting in Vanguard Federal MM that I'll ...
by Angst
Sun Apr 01, 2018 6:10 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe’s New Book Available: Reducing Risk Of Black Swans
Replies: 130
Views: 14414

Re: Larry Swedroe’s New Book Available: Reducing Risk Of Black Swans

Thank you T for putting this all in perspective. So although LT bonds actually have been the ideal diversifier for the last 30 years or so, it looks like ST bonds are much safer now that rates appear to be bottoming out, perhaps even rising, after their slow 30-yr decline. Now, if rates end up stag...
by Angst
Sun Apr 01, 2018 3:41 pm
Forum: Investing - Theory, News & General
Topic: Where Do Companies Earn Their Global Revenues?
Replies: 5
Views: 688

Re: Where Do Companies Earn Their Global Revenues?

Thank you for the update Simplegift! I do like the horizontal bar graph format more than the pie charts. I think it does a great job of presenting the various markets in a perspective more easily used for comparison. So by exclusively buying US companies, we are diversifying our revenue streams. So ...
by Angst
Tue Mar 27, 2018 1:45 pm
Forum: Personal Finance (Not Investing)
Topic: Just bought my first Treasury Bill...
Replies: 7
Views: 1410

Re: Just bought my first Treasury Bill...

why did you use Treasury Direct instead of Vanguard.com or Fidelity.com or Schwab.com or TDAmeritrade.com or WhateverIsYourBroker.com? +1 I find the Vanguard website much easier than Treasury Direct (TD) and there are no disadvantages I see to using Vanguard vs. TD, except perhaps for some people, ...
by Angst
Mon Mar 26, 2018 2:41 pm
Forum: Investing - Theory, News & General
Topic: Seasoned bogleheads repressing the thought of lower expected returns
Replies: 178
Views: 12945

Re: Seasoned bogleheads repressing the thought of lower expected returns

Angst, I have no explanation. From my own observation, the real economy has not been doing well for a very long time. The Real Estate Bubble allow folks to use the house as an ATM and carry on the illusion a bit longer. This is just my opinion. Since I know nothing, be very skeptical about my perso...