Search found 5440 matches

by Random Musings
Wed Nov 13, 2019 9:16 pm
Forum: Personal Consumer Issues
Topic: Where to donate refrigerator, washer, dryer
Replies: 8
Views: 574

Re: Where to donate refrigerator, washer, dryer

Perhaps your electric utility company has some "recycle" program. Our electric utility company gives us $50 for a fridge in working condition. It has to still work and be between 10 and 30 cubic feet. Limit is two fridges. They pick them up. After 19 years, decided to get a new fridge; our fridge st...
by Random Musings
Wed Nov 13, 2019 8:16 pm
Forum: Investing - Theory, News & General
Topic: Saving for a new vehicle
Replies: 36
Views: 3168

Re: Saving for a new vehicle

Not enough info. Depends on what the poster has right now in savings. If a lot, doesn't really have to save in short term vehicles, can continue saving at current asset allocation. If very little savings, I would tend to go more short term bonds or MM plus also consider buying a used vehicle so that...
by Random Musings
Tue Nov 12, 2019 11:11 pm
Forum: Investing - Theory, News & General
Topic: Dow closing
Replies: 13
Views: 2125

Re: Dow closing

Ol' Chuck Bergstresser rolls in his grave every time the DJIA does this.

I feel his pain.

RM
by Random Musings
Tue Nov 12, 2019 10:28 pm
Forum: Investing - Theory, News & General
Topic: Changes to Morningstar Website?
Replies: 150
Views: 11292

Re: Changes to Morningstar Website?

In another thread , Larry posted a link to a comparison tool available at the Vanguard advisors site that uses Morningstar data. I'd never seen this one before and I like it. You can group any mutual funds/ETFs you want and it displays them side by side in columns allowing you to expand into differ...
by Random Musings
Tue Nov 12, 2019 10:18 am
Forum: Investing - Theory, News & General
Topic: Debunking Bonds in Taxable
Replies: 137
Views: 14581

Re: Debunking Bonds in Taxable

If stocks earn 10% a year and taxed at 15% and bonds earn 2% and taxed at 22%, which would you rather have in taxable? If that seems extreme, then do 8% and 3%, 7% and 3.5%. etc etc. Stocks, in my case tax efficient index/passive equity funds in taxable. With the higher expected returns, I'll have ...
by Random Musings
Mon Nov 11, 2019 11:44 pm
Forum: Investing - Theory, News & General
Topic: Debunking Bonds in Taxable
Replies: 137
Views: 14581

Re: Debunking Bonds in Taxable

I though that it usually makes sense to have tax efficient equity funds in taxable and bonds in tax deferred. Equities have higher expected returns, so in taxable they will be taxed at lower cap gains rate, especially when drawing off them during retirement (if you need to) before dipping into trad...
by Random Musings
Mon Nov 11, 2019 10:07 pm
Forum: Investing - Theory, News & General
Topic: Debunking Bonds in Taxable
Replies: 137
Views: 14581

Re: Debunking Bonds in Taxable

I though that it usually makes sense to have tax efficient equity funds in taxable and bonds in tax deferred. Equities have higher expected returns, so in taxable they will be taxed at lower cap gains rate, especially when drawing off them during retirement (if you need to) before dipping into trad...
by Random Musings
Mon Nov 11, 2019 9:53 pm
Forum: Personal Consumer Issues
Topic: Bucket List Adventures/Activities
Replies: 121
Views: 13779

Re: Bucket List Adventures/Activities

Two things my DW and I enjoy are visiting National Parks and State Capitol buildings. They are "soft" bucket list items. Big fan of Yosemite and Yellowstone. Really want to see Glacier and the Utah Canyon lands. As someone stated, the bucket list has to be you. From your comment, go see Glacier NP ...
by Random Musings
Mon Nov 11, 2019 9:26 pm
Forum: Investing - Theory, News & General
Topic: Debunking Bonds in Taxable
Replies: 137
Views: 14581

Re: Debunking Bonds in Taxable

I though that it usually makes sense to have tax efficient equity funds in taxable and bonds in tax deferred. Equities have higher expected returns, so in taxable they will be taxed at lower cap gains rate, especially when drawing off them during retirement (if you need to) before dipping into tradi...
by Random Musings
Mon Nov 11, 2019 7:21 pm
Forum: Personal Consumer Issues
Topic: [What TV Show Have You Recently Watched?]
Replies: 1551
Views: 165014

Re: [What TV Show Have You Recently Watched?]

The Kominsky Method is a pretty decent show. Funny, and gets a few laughs in most episodes. Two more to see in season one.

RM
by Random Musings
Sun Nov 10, 2019 10:00 pm
Forum: Personal Consumer Issues
Topic: Saving seats on Southwest
Replies: 210
Views: 11037

Re: Saving seats on Southwest

I have not yet encountered the saving seat issue on SW. Hiwver, since I have children and have paid the 15 to 25 dollar premium in order to make sure we sit next to our kids, get closer to the front (especially if transferring) as well as getting baggage overhead, any seat saver can go fly a kite. B...
by Random Musings
Sat Nov 09, 2019 10:13 pm
Forum: Investing - Theory, News & General
Topic: Bank of America declares 'the end of the 60-40' standard portfolio
Replies: 88
Views: 15112

Re: Bank of America declares 'the end of the 60-40' standard portfolio

Cuing Jim Morrison

This is the end
Beautiful 60/40 friend

RM
by Random Musings
Sat Nov 09, 2019 9:55 pm
Forum: Personal Consumer Issues
Topic: After 2 weeks on new job, I am wanting to return to my old job, this is a terrible idea right?
Replies: 64
Views: 6212

Re: After 2 weeks on new job, I am wanting to return to my old job, this is a terrible idea right?

People have come back to our company after two days of being somewhere else. The grass is not always greener on the other side. Sometimes it is, sometimes it isn't.

RM
by Random Musings
Sat Nov 09, 2019 9:39 pm
Forum: Investing - Theory, News & General
Topic: If you were forced to pick an alternative asset...
Replies: 101
Views: 5974

Re: If you were forced to pick an alternative asset...

In no particular order:

Art
Antiques
Undeveloped Land
Velvet Undergound Albums

There are no rules in the alternative investment fight club....

RM
by Random Musings
Fri Nov 08, 2019 2:05 pm
Forum: Personal Consumer Issues
Topic: Should I Travel ot Ecuador?
Replies: 40
Views: 2450

Re: Should I Travel ot Ecuador?

DW and I are scheduled to fly to Ecuador in mid February for a trip to the Galapagos. Apparently there has been some issues there and currently there is a travel advisory due to "civil unrest". I have only sent a small deposit at this point but the full payment is due within three weeks, we do plan...
by Random Musings
Fri Nov 08, 2019 10:45 am
Forum: Personal Consumer Issues
Topic: visiting Maine in November
Replies: 27
Views: 1867

Re: visiting Maine in November

In addition to the Farnsworth in Rockland (which I also HIGHLY recommend) there is also a Modern Art musuem that is interesting (if you like art - https://cmcanow.org/). Its a little further drive but if you are into old cars and such the Owl's Head transportation museum is a hidden gem (in my opin...
by Random Musings
Fri Nov 08, 2019 10:39 am
Forum: Investing - Theory, News & General
Topic: How often should someone rebalance?
Replies: 43
Views: 3080

Re: How often should someone rebalance?

I utilize bands. However, I really don't see systematically doing it over a specific period (quarterly, yearly) being a problem too.

However, one has to take taxes into consideration if there taxable accounts in the equation.

RM
by Random Musings
Thu Nov 07, 2019 10:21 pm
Forum: Investing - Theory, News & General
Topic: US Bonds in free fall
Replies: 46
Views: 4662

Re: US Bonds in free fall

Never saw a U.S. Bonds continues to soar thread. I guess 40 years wasn't enough time to react.

RM
by Random Musings
Thu Nov 07, 2019 9:47 pm
Forum: Investing - Theory, News & General
Topic: How to draw money from 401k in retirement?
Replies: 9
Views: 1453

Re: How to draw money from 401k in retirement?

thanks random musings (Overnite Sensation quote and WYWH avatar... nice) $775k of our money is in Vanguard Admiral rollover IRAs from past jobs, $575k is in a Vanguard Institutional company 401k and $80k is in company Fidelity 401ks. We are 62 (me) and 60. I have not considered this Roth IRA conver...
by Random Musings
Thu Nov 07, 2019 9:01 pm
Forum: Personal Consumer Issues
Topic: Maximize 1 Day at Disney
Replies: 48
Views: 2668

Re: Maximize 1 Day at Disney

We took our girls to Disney when the oldest was in fifth grade and the youngest was in first grade, Day one at MK and day two at Epcot. Both were full days, from park open to close in late Sept when the crowds are less overwhelming. At five, not sure if can last the whole day, but you know your chi...
by Random Musings
Wed Nov 06, 2019 10:17 pm
Forum: Investing - Theory, News & General
Topic: How to draw money from 401k in retirement?
Replies: 9
Views: 1453

Re: How to draw money from 401k in retirement?

The real question about asset allocation is whether you need 50/50 allocation to achieve your goal of some targeted SWR to get through retirement. Also, with respect to drawing money for retirement, do you have any other sources of savings to draw from besides a rollover IRA and 401k (that most like...
by Random Musings
Wed Nov 06, 2019 9:46 pm
Forum: Personal Consumer Issues
Topic: Maximize 1 Day at Disney
Replies: 48
Views: 2668

Re: Maximize 1 Day at Disney

We took our girls to Disney when the oldest was in fifth grade and the youngest was in first grade, Day one at MK and day two at Epcot. Both were full days, from park open to close in late Sept when the crowds are less overwhelming. At five, not sure if can last the whole day, but you know your chil...
by Random Musings
Sun Nov 03, 2019 8:45 pm
Forum: Investing - Theory, News & General
Topic: Paul Mampilly Newsletter - Profits Unlimited
Replies: 7
Views: 541

Re: Paul Mampilly Newsletter - Profits Unlimited

willthrill81 wrote:
Sun Nov 03, 2019 8:38 pm
Random Musings wrote:
Sun Nov 03, 2019 8:31 pm
On the positive side, if he doesn't utilize margin, at least losses are limited to 100% :oops:

RM
You can get leveraged ETFs where your losses are limited to 100%. :D
Good to see that you are in the glass in half full camp as well. :D

RM
by Random Musings
Sun Nov 03, 2019 8:37 pm
Forum: Investing - Theory, News & General
Topic: When DID the stock market recover from 1929?
Replies: 51
Views: 4807

Re: When DID the stock market recover from 1929?

Sadly, just like today, most investors underperform the "market" by chasing. So, the stock market did ultimately recover, but I bet a reasonably low percentage of investors playing primarily at the equity table in 1929 did recover, even excluding those who didn't live as long to get to that point. S...
by Random Musings
Sun Nov 03, 2019 8:31 pm
Forum: Investing - Theory, News & General
Topic: Paul Mampilly Newsletter - Profits Unlimited
Replies: 7
Views: 541

Re: Paul Mampilly Newsletter - Profits Unlimited

On the positive side, if he doesn't utilize margin, at least losses are limited to 100% :oops:

RM
by Random Musings
Sat Nov 02, 2019 10:05 pm
Forum: Investing - Theory, News & General
Topic: Treasury yield curve: changes for October 2019
Replies: 15
Views: 1641

Re: Treasury yield curve: changes for October 2019

Yields dropped 0.2% on the front end and that's it.

Essentially, nothing.

RM
by Random Musings
Thu Oct 31, 2019 8:41 pm
Forum: Personal Consumer Issues
Topic: 40th Anniversary Travel Ideas
Replies: 26
Views: 1980

Re: 40th Anniversary Travel Ideas

If you want to stay in one city for a week, Vienna would be a good option. Plus, you could always take a day (or two) of road trips into the countryside for a little diversification.

RM
by Random Musings
Thu Oct 31, 2019 8:34 pm
Forum: Personal Consumer Issues
Topic: Halloween Candy - Favorites; Throw it in the Bag
Replies: 61
Views: 3237

Re: Halloween Candy - Favorites; Throw it in the Bag

Reese's PB cups. Snickers.

Chocolate in general :D

RM
by Random Musings
Thu Oct 31, 2019 8:09 pm
Forum: Investing - Theory, News & General
Topic: Climate change and the muni bond market
Replies: 11
Views: 1072

Re: Climate change and the muni bond market

I find it curious that the disclosures for the municipal bonds in coastal cities don't come anywhere near the rhetoric of politicians, often from those same cities. Regards, I also find it curious that the purchases of real estate property along coastal areas don't come anywhere near the rhetoric o...
by Random Musings
Wed Oct 30, 2019 9:37 pm
Forum: Investing - Theory, News & General
Topic: Curious financial advisor claim . . .
Replies: 30
Views: 4643

Re: Curious financial advisor claim . . .

Perhaps your friend has a bond like income (doctor, teacher) or other future cash flow streams like pensions and the like, otherwise a 75/25 portfolio seems a little on the aggressive side. RM No, I didn't mention it but he planned to transition to 40/60 AA in the IRA over the next 5 years. She has...
by Random Musings
Tue Oct 29, 2019 9:21 pm
Forum: Investing - Theory, News & General
Topic: Curious financial advisor claim . . .
Replies: 30
Views: 4643

Re: Curious financial advisor claim . . .

Perhaps your friend has a bond like income (doctor, teacher) or other future cash flow streams like pensions and the like, otherwise a 75/25 portfolio seems a little on the aggressive side.

RM
by Random Musings
Thu Oct 24, 2019 10:07 pm
Forum: Personal Consumer Issues
Topic: My Amazon Seller review disappeared ... anyone else have this experience?
Replies: 22
Views: 2346

Re: My Amazon Seller review disappeared ... anyone else have this experience?

The net is full of disinformation, be it in various forms like omission in this case. Amazon does have some good deals, but I can buy direct in many cases or use other sites. Inertia is Amazon's friend.

RM
by Random Musings
Thu Oct 24, 2019 9:38 pm
Forum: Investing - Theory, News & General
Topic: Spike in Repo Rates [Fed Overnight Repurchase agreement]
Replies: 137
Views: 12741

Re: Spike in Repo Rates [Fed Overnight Repurchase agreement]

Once the Feds balance sheet leveled off after the big QE programs, they did reduce their BS a bit, but it still remained high. With the BS expanding again at a solid ramp rate, it is another round of QE.

RM
by Random Musings
Thu Oct 24, 2019 9:11 pm
Forum: Investing - Theory, News & General
Topic: "Bogleheads on Investing" podcast transcripts are becoming available
Replies: 9
Views: 993

Re: "Bogleheads on Investing" podcast transcripts are becoming available

Really enjoyed the two transcripts so far. Thanks to everyone involved!

RM
by Random Musings
Thu Oct 24, 2019 8:02 pm
Forum: Investing - Theory, News & General
Topic: "Dogs of the Dow" in a Roth IRA with Zero Commissions
Replies: 52
Views: 3355

Re: "Dogs of the Dow" in a Roth IRA with Zero Commissions

I don't agree with putting all my net worth into total market index funds. ........... I reach for high performance. Then I recommend you put at least 5% in MJ or something similar. Better yet, to reduce your cost structure, use M1 Finance and set up your own high flying fund. My guess is that you ...
by Random Musings
Thu Oct 24, 2019 7:23 pm
Forum: Investing - Theory, News & General
Topic: [Paul Merriman: This strategy beats a total stock market fund]
Replies: 173
Views: 13377

Re: Paul Merriman article

How does one distinguish these changes from performance chasing. Bogle told Merriman his 10 fund strategy was too complex, Merriman created Two Funds For Life in response. I am not sure how that answers the question. I am not necessarily against added complexity, if it provides a commensurate benef...
by Random Musings
Tue Oct 22, 2019 6:14 pm
Forum: Investing - Theory, News & General
Topic: Inside Fisher Investments
Replies: 123
Views: 11630

Re: Inside Fisher Investments

I always believed that Ken Fisher was just another huckster in the financial porn industry....

However, people sometimes even exceed your wildest expectations.

RM
by Random Musings
Tue Oct 22, 2019 10:51 am
Forum: Investing - Theory, News & General
Topic: Yahoo: The Downsides of 401(k)s That You’ve Never Heard Of
Replies: 18
Views: 3223

Re: Yahoo: The Downsides of 401(k)s That You’ve Never Heard Of

Do people really take articles on the Yahoo! site seriously? I would not take my financial advice from them.

RM
by Random Musings
Mon Oct 21, 2019 9:04 pm
Forum: Investing - Theory, News & General
Topic: [Paul Merriman: This strategy beats a total stock market fund]
Replies: 173
Views: 13377

Re: Paul Merriman article

I'm not a backtesting type of person, but wouldn't rebalancing LCG and SCV (yearly, as one example) vs the Dean Smith inspired four corners investing offense work better as the cycles between large and small and growth and value would be exploited more effectively?

RM
by Random Musings
Mon Oct 21, 2019 6:58 am
Forum: Personal Consumer Issues
Topic: Where can I find iphone deals/discounts?
Replies: 22
Views: 2230

Re: Where can I find iphone deals/discounts?

Although not "new", Apple sometimes carries refurbished. Right now, they are only carrying X's, not XI's. I have bought a refurbished iPad with no problems.

RM
by Random Musings
Mon Oct 21, 2019 6:20 am
Forum: Investing - Theory, News & General
Topic: Is avoiding negative bond yields market timing?
Replies: 38
Views: 3390

Re: Is avoiding negative bond yields market timing?

I think it makes sense to avoid. Once negative, it has to go further negative so that price gains outweigh negative interest. So, if at minus 5 percent, are Bogleheads going to stay the course and essentially pay a tax as a poster said above, or start keeping cash under the mattress in some form? I ...
by Random Musings
Sun Oct 20, 2019 9:08 pm
Forum: Personal Consumer Issues
Topic: SAT/ACT prep courses worth the money?
Replies: 47
Views: 3110

Re: SAT/ACT prep courses worth the money?

For the exam to get into grad business school, I just bought one practice book and took the tests. Basically, it provided me a range that I would most likely fall in during the real test, which I ended up doing ( on the higher side of the range). Since I was old when I took the test (33), you kind o...
by Random Musings
Sat Oct 19, 2019 11:45 pm
Forum: Investing - Theory, News & General
Topic: Investing for the "great sag" - Dalio
Replies: 65
Views: 10328

Re: Investing for the "great sag" - Dalio

DesertDiva wrote:
Sat Oct 19, 2019 10:44 pm
yada yada yada
Perhaps a portfolio diversified with manssieres would provide support against the great sag.

Dalio, what do you think, bro?

RM
by Random Musings
Sat Oct 19, 2019 11:34 pm
Forum: Investing - Theory, News & General
Topic: what was vanguard like before the internet?
Replies: 74
Views: 7301

Re: what was vanguard like before the internet?

I remember mailbox in forms and a check to open up my money market fund t Vanguard from money I saved up during high school. Prices for funds were sometimes in newspapers and Barron's had them. By the time I started working in the mid 80's, 401k's were around and I was lucky to have Vanguard as our ...
by Random Musings
Thu Oct 17, 2019 9:00 pm
Forum: Investing - Theory, News & General
Topic: $2,467 is a minimum emergency fund
Replies: 36
Views: 7745

Re: $2,467 is a minimum emergency fund

I'll ignore these ivory tower thoughts and stick with simpleton rule of thumb of at least 3 to 6 months of expenses. Hiwver, there are many factors to consider. I keep mine in ST treasuries these days. A little tax inefficient, but not a big deal. The real sad fact is that many people don't have sav...
by Random Musings
Thu Oct 17, 2019 8:50 pm
Forum: Investing - Theory, News & General
Topic: thoughts on GS Momentum Builder® Multi-Asset 5S ER Index-Linked CDs due 2024
Replies: 35
Views: 5678

Re: thoughts on GS Momentum Builder® Multi-Asset 5S ER Index-Linked CDs due 2024

With this financial product having such a long name and the offering coming from Goldman Sachs, it's gotta be good !!!

/s

RM
by Random Musings
Wed Oct 16, 2019 4:37 pm
Forum: Investing - Theory, News & General
Topic: Asset location for commodities
Replies: 16
Views: 1132

Re: Asset location for commodities

Passive long Commodities are a waste of time, many reasons stated here: https://dualmomentum.net/2017/01/02/are-commodities-still-a-good-portfolio-diversifier/ However, 5% gold equities, re-balanced periodically (for example GDX) wouldn't be a terrible idea: http://www.efficientfrontier.com/ef/adho...
by Random Musings
Wed Oct 16, 2019 4:27 pm
Forum: Investing - Theory, News & General
Topic: Bank of America declares 'the end of the 60-40' standard portfolio
Replies: 88
Views: 15112

Re: Bank of America declares 'the end of the 60-40' standard portfolio

What happens if stocks get crushed more than bonds in the near future. Will it then be the end of the BOA 80/20? I'll just wait for Goldman Sachs to tell me what to do. If they publish it for public consumption, then the prudent thing is to do the opposite. Just another form of financial porn. RM J...
by Random Musings
Tue Oct 15, 2019 9:59 pm
Forum: Investing - Theory, News & General
Topic: How often do you look at your IRA or 401K Balances
Replies: 71
Views: 5708

Re: How often do you look at your IRA or 401K Balances

I look once a week to update my spreadsheet to see if rebalancing is needed. Also, for security purposes. If the markets are really moving in one direction, look a little more frequently for rebalancing opportunities.

RM
by Random Musings
Tue Oct 15, 2019 9:50 pm
Forum: Investing - Theory, News & General
Topic: Bank of America declares 'the end of the 60-40' standard portfolio
Replies: 88
Views: 15112

Re: Bank of America declares 'the end of the 60-40' standard portfolio

What happens if stocks get crushed more than bonds in the near future. Will it then be the end of the BOA 80/20?

I'll just wait for Goldman Sachs to tell me what to do. If they publish it for public consumption, then the prudent thing is to do the opposite.

Just another form of financial porn.

RM