Search found 5164 matches

by Random Musings
Mon Nov 19, 2018 4:43 pm
Forum: Personal Finance (Not Investing)
Topic: sell bond fund, buy stocks during correction?
Replies: 11
Views: 829

Re: sell bond fund, buy stocks during correction?

Is this strategy part of your written investment plan - that anytime the S&P is 25% off it's highs you buy equities (all in, who knows) and put them back into bonds when it goes up 20% above that level (which is interesting as a 33% increase is needed to offset a 25% loss)? Sometimes poorly designed...
by Random Musings
Mon Nov 19, 2018 12:52 pm
Forum: Investing - Theory, News & General
Topic: The Rise of Passive Investing - Are we missing something?
Replies: 10
Views: 1310

Re: The Rise of Passive Investing - Are we missing something?

Human nature and the want to "win" will continue the active investing game. In the end, a few active investors will beat passive and that is what is touted. The strong majority that lose to passive investing is really the story. Even during bear markets, active investing doesn't always pan out. And ...
by Random Musings
Mon Nov 19, 2018 12:35 pm
Forum: Personal Consumer Issues
Topic: Coffee tablebooks??
Replies: 21
Views: 1259

Re: Coffee tablebooks??

How to Avoid Huge Ships

It always pays to be prepared.

RM
by Random Musings
Sun Nov 18, 2018 2:39 pm
Forum: Investing - Theory, News & General
Topic: Recommend an International Large Cap Index Mutual Fund
Replies: 5
Views: 370

Re: Recommend an International Large Cap Index Mutual Fund

To the OP. What do you mean by the word "reasonable"?

RM
by Random Musings
Sun Nov 18, 2018 2:30 pm
Forum: Investing - Theory, News & General
Topic: Ratio of stocks to bonds
Replies: 11
Views: 1102

Re: Ratio of stocks to bonds

Perhaps take a read of Larry Swedroe's look at a person's need, ability and willingness to take risk. At very high net worths, the benefactors risks need to be taken into consideration.

RM
by Random Musings
Sun Nov 18, 2018 2:26 pm
Forum: Investing - Theory, News & General
Topic: Where do you get your information? Favorite blogs/sites/resources?
Replies: 22
Views: 1869

Re: Where do you get your information? Favorite blogs/sites/resources?

St. Louis Fed FRED for various economic data.

M* and Ibbottson as mentioned before.

RM
by Random Musings
Sun Nov 18, 2018 1:19 pm
Forum: Investing - Theory, News & General
Topic: Interview with Fidelity's Abigail Johnson
Replies: 25
Views: 2831

Re: Interview with Fidelity's Abigail Johnson

Magellan sure made a boatload of money for that family. As I recall, that fund had the great early track record with Peter Lynch, but I believe those early returns were benchmarked against the S&P 500 even though it was more small cap and mid cap during that time. Once it became "known", nothing mor...
by Random Musings
Sun Nov 18, 2018 12:58 pm
Forum: Personal Consumer Issues
Topic: When is Too Long to Return a Hair Dryer to Costco?
Replies: 64
Views: 3628

Re: When is Too Long to Return a Hair Dryer to Costco?

I have no issue taking things back to Costco if it makes sense. For example, bananas that didn't ripen, fruit that got moldy very quickly, or a microwave with a faulty door mechanism (that was twice, was a manufacturers issue that was resolved as they changed their design). But I do see abuse, inclu...
by Random Musings
Sat Nov 17, 2018 9:42 pm
Forum: Investing - Theory, News & General
Topic: interesting call with my 80yr old mothers Fidelity advisor
Replies: 30
Views: 4757

Re: interesting call with my 80yr old mothers Fidelity advisor

What does your mother say all about this? Fidelity advisors take advantage of clients who do no really understand, like in this case. The 20 plus fund recommendations are not that uncommon, some wth high ERs on top on the management fee. To be sure, they have to bite their lip, when investors like r...
by Random Musings
Thu Nov 15, 2018 10:21 pm
Forum: Personal Consumer Issues
Topic: Granddaughter needs $ help for university
Replies: 111
Views: 9375

Re: Granddaughter needs $ help for university

If grades are met, is the $50K scholarship good for all four years or do some of them fade out? What about future tuition hikes? Plus all of the other costs if they want to have a little fun?

RM
by Random Musings
Thu Nov 15, 2018 9:58 pm
Forum: Investing - Theory, News & General
Topic: Fisher Investments
Replies: 11
Views: 1986

Re: Fisher Investments

For most people who invest at Fischer, the big picture look is that you are buying a "personally tailored" active mutual fund with an ER of 1.0 to 1.5%.

RM
by Random Musings
Thu Nov 15, 2018 9:25 pm
Forum: Investing - Theory, News & General
Topic: "Yes, You Can Time the Market!"
Replies: 60
Views: 14075

Re: "Yes, You Can Time the Market!"

Hey, I found the website for the book and there are charts! Yes, You Can Time The Market Price Red P/E Ratio Green Dividend Yield Green Price-to-Book Ratio N/A Earnings Yield vs. AAA Bonds Green Price-to-Cash Flow N/A Price-toSales Ratio N/A As of 10/31/2013, 3 of 4 indicators are GREEN at this tim...
by Random Musings
Wed Nov 14, 2018 10:54 pm
Forum: Investing - Theory, News & General
Topic: Are you all staying the course?
Replies: 114
Views: 6868

Re: Are you all staying the course?

Staying the course. Will rebalance if bands hit.

RM
by Random Musings
Wed Nov 14, 2018 9:54 am
Forum: Investing - Help with Personal Investments
Topic: Oops! Edward Jones tops Vanguard in customer survey
Replies: 50
Views: 5144

Re: Oops! Edward Jones tops Vanguard in customer survey

Another thing that EJ likes to do is to "juice" up bond returns by purchasing individual corporate bonds with higher yields, and many of their customers probably have no idea that they are taking on additional risks (call risk, default risk, liquidity risk ) versus a more diversified approach. It wo...
by Random Musings
Tue Nov 13, 2018 10:35 pm
Forum: Investing - Theory, News & General
Topic: AQR fund family's performance relative to its benchmarks
Replies: 36
Views: 2749

Re: AQR fund family's performance relative to its benchmarks

For laughs, I did the same analysis on Vanguard's stock funds, using those described by Vanguard as either "US stocks" or "international stocks," "active management," and "investor shares." For the time period, I used fund inception if Vanguard shows a benchmark value from fund inception; otherwise...
by Random Musings
Tue Nov 13, 2018 9:07 pm
Forum: Investing - Theory, News & General
Topic: Morningstar downgrades several Vanguard funds
Replies: 14
Views: 3135

Re: Morningstar downgrades several Vanguard funds

This is absurd. First, it's not true to any meaningful degree. And, second, even if it were, it's a market-cap-weighted index fund. My thoughts exactly. How do you "downgrade" an index fund based on its weightings? M* is in the business to sell investment advice. While they do supply useful informa...
by Random Musings
Tue Nov 13, 2018 5:16 pm
Forum: Investing - Theory, News & General
Topic: World's worst market timer. Buy high, sell... never?
Replies: 15
Views: 7123

Re: World's worst market timer. Buy high, sell... never?

And after all those years, Bob said:

"I feel good, I feel great, I feel wonderful... I feel good, I feel great, I feel wonderful... I feel good, I feel great, I feel wonderful..."

Rumor has it his last name was Wiley.

RM
by Random Musings
Tue Nov 13, 2018 4:15 pm
Forum: Investing - Theory, News & General
Topic: AQR fund family's performance relative to its benchmarks
Replies: 36
Views: 2749

Re: AQR fund family's performance relative to its benchmarks

Big picture, if you look at the aggregate, AQR's avg expense ratio is around 0.8%. For that, they capture the ER and provide you with some slight losses versus the benchmark.

Kinda reminds me of active funds, all you have to do is just pick the winnahs in advance.

RM
by Random Musings
Mon Nov 12, 2018 9:19 pm
Forum: Personal Consumer Issues
Topic: 20th Anniversary vacation ideas wanted
Replies: 29
Views: 1871

Re: 20th Anniversary vacation ideas wanted

Crete, Spain/Portugal, Phillipines

RM
by Random Musings
Mon Nov 12, 2018 3:31 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 7875
Views: 1612774

Re: U.S. stocks in freefall

With most major indices currently down about 6-12%, there certainly is a lot of hand wringing.

If they go down 30-60%, then I expect a little more complaining.

Every time the market goes down, always a lot of chatter. When the market goes up, very few complain.

RM
by Random Musings
Thu Nov 08, 2018 10:31 pm
Forum: Investing - Theory, News & General
Topic: Core-4 Investing is LIVE! It really is this time!
Replies: 134
Views: 10243

Re: Core-4 Investing is LIVE! It really is this time!

Rick, Congrats on this new endeavor and, as always, all the help you provide to members on this board. However, with these new portfolio choices, it may be helpful if you would provide Madsinger at least a couple of new high end processors so that he can continue to generate his monthly Madsinger re...
by Random Musings
Thu Nov 08, 2018 9:51 pm
Forum: Investing - Theory, News & General
Topic: A reminder: Stay away from AQR
Replies: 172
Views: 12953

Re: A reminder: Stay away from AQR

I'd prefer and do purchase I-bonds or individual TIPS and hold to duration vs buying some 2% neutral strategy fund that, although better than their benchmark, has seemed to provide little for their investors and lots to those who market that strategy. I at least have a far better understanding of th...
by Random Musings
Tue May 09, 2017 6:14 pm
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 3823
Views: 1079458

Re: What Movie Have You Recently Watched?

Sing on DVD with the kids.

I thought is was enjoyable.

RM
by Random Musings
Mon May 01, 2017 9:20 pm
Forum: Personal Finance (Not Investing)
Topic: Favorite Financial Indulgences
Replies: 78
Views: 9840

Re: Favorite Financial Indulgences

Travel.

Good food.

Ram
by Random Musings
Mon May 01, 2017 9:15 pm
Forum: Personal Finance (Not Investing)
Topic: Dealing with regret
Replies: 102
Views: 11620

Re: Dealing with regret

Set up a written investment plan and stick to it.

With your history of regret, perhaps a 60/40 allocation may be a max for you.

Willingness of risk may outweigh your need of risk.

RM
by Random Musings
Thu Apr 27, 2017 10:39 am
Forum: Investing - Theory, News & General
Topic: Is $20K I-Bonds considered cash or bond?
Replies: 62
Views: 6284

Re: Is $20K I-Bonds considered cash or bond?

I treat I-bonds as bonds. Six of one, half dozen of the other.

With respect to "cash", MM funds have a short duration, I just use a weighted average calculation of my bonds/MM holdings to find my overall portfolio bond duration. Crude, but it works for me.

RM
by Random Musings
Thu Apr 27, 2017 10:21 am
Forum: Investing - Theory, News & General
Topic: What is your overall portfolio weighted expense ratio
Replies: 242
Views: 24518

Re: What is your overall portfolio weighted expense ratio

0.20%.

Drag comes from 401K (which is a complaint), plus my two legacy active Vanguard funds (which I'm not complaining about).

RM
by Random Musings
Thu Apr 20, 2017 8:39 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe says "Goodbye."
Replies: 336
Views: 50915

Re: Larry Swedroe says "Goodby."

Good luck Larry in your future and spending more time with your family. One of my favorite topics that he wrote about was how an investor should consider their ability, willingness and need to take risk when considering their asset allocation. Although we can still read his articles, this is a loss ...
by Random Musings
Wed Apr 19, 2017 1:07 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe : Integrated Investment Plan
Replies: 35
Views: 7785

Re: Larry Swedroe : Integrated Investment Plan

Haven't posted in quite a while (but always looking) and I just have to say that it's a shame that Larry S. won't be providing his expertise on this board any more. Even though I don't use any of the (in my mind) esoteric products that he sometimes recommends, I find it very beneficial (and educatio...
by Random Musings
Wed Apr 19, 2017 12:53 pm
Forum: Personal Consumer Issues
Topic: New HVAC - Assessing Quotes? - Update, New Info
Replies: 40
Views: 5201

Re: New HVAC - Assessing Quotes?

Former hvac installer here, 5-600 sq ft per ton is normal, so a 4 ton for your home does not seem oversized, esp with multi stage. You could size lower with zoning. I wouldn't care too much about brand, they're all essentially the same. We installed Goodman and Amana, they are nice units with great...
by Random Musings
Tue May 24, 2016 1:43 pm
Forum: Personal Consumer Issues
Topic: How do Bogleheads TRAVEL?
Replies: 81
Views: 11048

Re: How do Bogleheads TRAVEL?

Have vacationed at 48 states plus some overseas. All piecemeal. Do my own research and utilize trip advisor as well (and Fodor's and Frommer's). Lodging is usually moderately priced since we just tend to sleep there and perhaps take a quick dip in the pool. With kids, the dining is rarely high end. ...
by Random Musings
Mon May 23, 2016 8:13 am
Forum: Personal Finance (Not Investing)
Topic: Costco AMEX Transition - Costco has no answers
Replies: 163
Views: 35197

Re: Costco AMEX Transition - Costco has no answers

When it comes to the 3% restaurant, some restaurants obviously didn't qualify of the AMEX card. A good number of them. must be qualified restaurants just like the travel. RM Can you clarify "qualified restaurants"? Citi's website simply says "restaurants." Do you simply mean restaurants that take V...
by Random Musings
Fri May 20, 2016 10:17 pm
Forum: Personal Finance (Not Investing)
Topic: Costco AMEX Transition - Costco has no answers
Replies: 163
Views: 35197

Re: Costco AMEX Transition - Costco has no answers

When it comes to the 3% restaurant, some restaurants obviously didn't qualify of the AMEX card. A good number of them.

must be qualified restaurants just like the travel.

RM
by Random Musings
Thu May 19, 2016 10:01 pm
Forum: Personal Consumer Issues
Topic: New England in August
Replies: 18
Views: 1765

Re: New England in August

With respect to Bar Harbour, we just take the kids there at night after our long days in Acadia NP. Get pizza, ice cream and walk around the town just to browse in the shops. As mentioned earlier, Camden in nice, but not really geared for small children. However, there is a nice state park there tha...
by Random Musings
Thu May 19, 2016 11:56 am
Forum: Personal Consumer Issues
Topic: New England in August
Replies: 18
Views: 1765

Re: New England in August

With respect to 2-3 miles of hiking a day, Acadia has a good number of trails (for example, around Jordan Pond until you get to the rocks) where there is no/minimal elevation changes. So you could do more miles, even with children. I had a six year old and 2 year old (that I carried a bit), and we w...
by Random Musings
Fri May 13, 2016 12:03 pm
Forum: Personal Finance (Not Investing)
Topic: More Americans over 65 are working
Replies: 7
Views: 1314

Re: More Americans over 65 are working

When looking at satisfaction, I wonder if the higher % in 1998 comes from the factor that retirement savings was rising nicely both due to a strong stock market and higher interest rates. 2012 was after a very nasty bear market which, in combo with withdrawals from ones savings, probably hurt more r...
by Random Musings
Thu May 12, 2016 2:41 pm
Forum: Personal Consumer Issues
Topic: Gifted math program for 1st grade
Replies: 66
Views: 9193

Re: Gifted math program for 1st grade

It seems that too much time and money is spent on helping both tails of the educational distribution curve.

Not a smart way to make our country competitive worldwide.

RM
by Random Musings
Fri May 06, 2016 3:46 pm
Forum: Personal Finance (Not Investing)
Topic: How Much House
Replies: 64
Views: 8560

Re: How Much House

Been 17 years at the house already...... 1.95 price of house to salary (ignoring 25% down). 30 year mortgage, but paid off in 12 years (refinanced once, easy 5 month payback since rates were over 8% when I closed) 2,500 sq. ft. If I ever decide to finish the basement, around 3,100 sq. ft. ignoring t...
by Random Musings
Fri Apr 15, 2016 10:21 am
Forum: Investing - Theory, News & General
Topic: Boomers' Retirement Confidence Hits All-Time Low
Replies: 7
Views: 1962

Re: Boomers' Retirement Confidence Hits All-Time Low

Here's where the author loses all credibility: The top-level findings of the survey may not be encouraging, but they do make a case for working with an advisor. Of the survey respondents who say they consult with a financial professional, 78% report they have at least $100,000 in savings for retire...
by Random Musings
Thu Apr 14, 2016 4:05 pm
Forum: Investing - Theory, News & General
Topic: Boomers' Retirement Confidence Hits All-Time Low
Replies: 7
Views: 1962

Re: Boomers' Retirement Confidence Hits All-Time Low

The article mentions that confidence has been going down since the poll has started.

Perhaps the ongoing trends in wealth distribution has attributed to some of this angst. Most likely, the trend towards self directed retirement savings versus a pension hasn't helped either.

RM
by Random Musings
Thu Mar 24, 2016 11:16 pm
Forum: Investing - Theory, News & General
Topic: ‘Rich Dad’ author says the 2016 market collapse is coming
Replies: 53
Views: 11093

Re: ‘Rich Dad’ author says the 2016 market collapse is coming

If it doesn't pan out, just write another book.

It was said there was a sucker born every minute, I'm starting to believe in the every other second timeframe.

RM
by Random Musings
Wed Feb 17, 2016 4:32 pm
Forum: Personal Consumer Issues
Topic: What video games are you currently playing?
Replies: 220
Views: 24491

Re: What video games are you currently playing?

None, except for an occasionally Wii game with the children.

Last time I got into games was Civilization IV - it took too much time.

RM
by Random Musings
Wed Feb 17, 2016 4:26 pm
Forum: Investing - Theory, News & General
Topic: [NY Times article: 100% Stock Allocation in Retirement]
Replies: 127
Views: 16653

Re: [100% Stock Allocation in Retirement]

I read the article. In theory, if you have a LOT of money (Buffett like), you can do that as equities have outperformed bonds in the very long run. Of course, if you have billions of $, you can live on hundreds of millions. However, doesn't work for a lot of cases. Those dreaded Monte Carlo simulati...
by Random Musings
Tue Feb 16, 2016 4:59 pm
Forum: Personal Consumer Issues
Topic: [What TV Show Have You Recently Watched?]
Replies: 934
Views: 101415

Re: Netflix, Your Current Favorite Show

I liked Lilyhammer too, but it has "ended" - but you never know. I really enjoy Maron - but that show is a matter of personal taste, especially in regards to humor. Dexter was very good (nothing like rooting for a serial killer). Breaking Bad started out really strong but I started losing interest a...
by Random Musings
Fri Feb 12, 2016 4:29 pm
Forum: Investing - Theory, News & General
Topic: Leaving DFA advisor - should I keep DFA positions or simplify?
Replies: 21
Views: 3598

Re: Leaving DFA advisor - should I keep DFA positions or simplify?

Perhaps before breaking your relationship, if you care to simplify and keep some of the DFA funds, have the advisor consolidate to the funds you want to keep - then move on. But there are far too many, IMHO. Perhaps Larry could chime in to what number of funds do they average per client - at least i...
by Random Musings
Fri Feb 12, 2016 2:22 pm
Forum: Investing - Theory, News & General
Topic: Yellen: "We're taking a look at negative interest rates."
Replies: 56
Views: 10296

Re: Yellen: "We're taking a look at negative interest rates."

Central banks are playing the currency game. We are just mere pawns.

RM
by Random Musings
Sat Feb 06, 2016 10:00 pm
Forum: Personal Consumer Issues
Topic: Three devices = redundancy
Replies: 45
Views: 9115

Re: Three devices = redundancy

I don't have a smartphone, just one for talk and text. Wife has a smartphone that we can use for looking up stuff in a pinch when on the road. I like our IPad for home use, the larger screen size is easy on the eyes. Since I am on computers all the time at work, as many are these days, it's a blessi...
by Random Musings
Fri Feb 05, 2016 5:05 pm
Forum: Investing - Theory, News & General
Topic: Today's dumbest investment advice
Replies: 32
Views: 4882

Re: Today's dumbest investment advice

But there is always this classic:

The stock market is a scam....

RM
by Random Musings
Fri Feb 05, 2016 3:35 pm
Forum: Personal Consumer Issues
Topic: Sibling's destination wedding?
Replies: 137
Views: 16437

Re: Sibling's destination wedding?

In cases where many key family members are spread out everywhere, it may make sense from a logistics standpoint. However, these far away (and expensive) destination weddings are nothing but a "It's all about us" mentality. Not that a wedding is that, but it takes that thought to another level. As ot...
by Random Musings
Thu Feb 04, 2016 5:42 pm
Forum: Investing - Theory, News & General
Topic: Take the Verb Tense Pledge!
Replies: 69
Views: 7350

Re: Take the Verb Tense Pledge!

In Western PA, a lot of people leave out "to be" in their sentences.

As examples:

The car needs washed.

The lawn needs cut.


So, in local plays Hamlet will say....

"Or not, that is the question".

RM