Search found 190 matches

by pcsrini
Sat Jul 18, 2020 1:39 pm
Forum: Investing - Theory, News & General
Topic: Forbes: The Fed Is Going To Buy Stocks
Replies: 11
Views: 1345

Re: Forbes: The Fed Is Going To Buy Stocks

DesertMan wrote: Sat Jul 18, 2020 1:38 pm Let's make it actionable then.

The question is, is the notion that the Fed will be buying stocks already priced in to the market? If so, or not, how would that affect a person who has cssh on the side and is deciding whether to increase equity allocation?
Thanks for framing it correctly.
by pcsrini
Sat Jul 18, 2020 1:34 pm
Forum: Investing - Theory, News & General
Topic: Forbes: The Fed Is Going To Buy Stocks
Replies: 11
Views: 1345

Re: Forbes: The Fed Is Going To Buy Stocks

Thanks, all but I don’t think a lot of folks would have expected the level of Fed support in March to inject liquidity and support corporate bonds. There are a number of threads expressing surprise at how well the market has done since March, and the reason cited most often is “don’t fight the fed”....
by pcsrini
Sat Jul 18, 2020 12:21 pm
Forum: Investing - Theory, News & General
Topic: Forbes: The Fed Is Going To Buy Stocks
Replies: 11
Views: 1345

Re: Forbes: The Fed Is Going To Buy Stocks

I think you shouldn't link to a random article on the internet unless you know anything about the authors track record. Thanks! I googled the author before posting, and he is a professor at UC Berkeley Haas school. Also, a bit harsh to say its random when it's not a subjective blog, but is on relat...
by pcsrini
Sat Jul 18, 2020 12:10 pm
Forum: Investing - Theory, News & General
Topic: Forbes: The Fed Is Going To Buy Stocks
Replies: 11
Views: 1345

Forbes: The Fed Is Going To Buy Stocks

https://www.forbes.com/sites/kevincoldiron/2020/07/18/the-fed-is-going-to-buy-stocks/#2d708a2feb49 Given the successful intervention by the Fed in 08-09, and the bigger one more recently in March, the article forecasts that the next act for the Fed is to buy stocks. There is also a brief discussion ...
by pcsrini
Fri Jul 17, 2020 10:40 pm
Forum: Personal Consumer Issues
Topic: Hummus Alternative:
Replies: 33
Views: 3386

Re: Hummus Alternative:

If you have an instant pot, you can make it in about an hour using fresh dry chickpeas (soaked overnight). There are a number of great recipes to be found online. You can also customize with substitutions and adding other beans. The article stated that dried chickpeas have the highest level of the ...
by pcsrini
Fri Jul 17, 2020 7:44 pm
Forum: Personal Consumer Issues
Topic: Hummus Alternative:
Replies: 33
Views: 3386

Re: Hummus Alternative:

If you have an instant pot, you can make it in about an hour using fresh dry chickpeas (soaked overnight). There are a number of great recipes to be found online. You can also customize with substitutions and adding other beans.
by pcsrini
Fri Jul 17, 2020 7:30 pm
Forum: Investing - Theory, News & General
Topic: Behavior of TIPS versus Treasuries in March
Replies: 141
Views: 7099

Re: Behavior of TIPS versus Treasuries in March

Thanks, vineviz - super helpful. Just for my understanding, if there is a prolonged downturn would we expect the March intraday or intraweek anomalies to persist for a longer period of time, or is it purely a blip after the initial selling and liquidity issues. In March, the downturn was quite shor...
by pcsrini
Fri Jul 17, 2020 2:43 pm
Forum: Investing - Theory, News & General
Topic: Behavior of TIPS versus Treasuries in March
Replies: 141
Views: 7099

Re: Behavior of TIPS versus Treasuries in March

Though more commonly applied to equities, the adage that no one can predict the market is certainly driving tremendous confusion and uncertainty about the best way to invest in bonds. For those of us who are older and used to a reasonably direct belief that when stocks go down, bonds go up or provi...
by pcsrini
Fri Jul 17, 2020 11:02 am
Forum: Investing - Theory, News & General
Topic: Behavior of TIPS versus Treasuries in March
Replies: 141
Views: 7099

Re: Behavior of TIPS versus Treasuries in March

Though more commonly applied to equities, the adage that no one can predict the market is certainly driving tremendous confusion and uncertainty about the best way to invest in bonds. For those of us who are older and used to a reasonably direct belief that when stocks go down, bonds go up or provi...
by pcsrini
Fri Jul 17, 2020 11:01 am
Forum: Investing - Theory, News & General
Topic: Behavior of TIPS versus Treasuries in March
Replies: 141
Views: 7099

Re: Behavior of TIPS versus Treasuries in March

Thanks, vineviz - super helpful. Just for my understanding, if there is a prolonged downturn would we expect the March intraday or intraweek anomalies to persist for a longer period of time, or is it purely a blip after the initial selling and liquidity issues. In March, the downturn was quite shor...
by pcsrini
Thu Jul 16, 2020 11:42 pm
Forum: Investing - Theory, News & General
Topic: Behavior of TIPS versus Treasuries in March
Replies: 141
Views: 7099

Re: Behavior of TIPS versus Treasuries in March

But would less inflation expectation result in -12.43%? Or is is simply that we really don't understand how TIPS behave as was evidenced in 2008/2009? I'd say "neither": changes in expected inflation alone certainly don't fully explain the price divergent between TIPS and nominal Treasuri...
by pcsrini
Thu Jul 16, 2020 4:08 pm
Forum: Investing - Theory, News & General
Topic: Data breaches and security
Replies: 28
Views: 1205

Re: Data breaches and security

Perhaps, having accounts at multiple brokerages (each with strong passwords and 2FA) is one way to reduce the impact if one of them is hacked. I would expect if a twitter like attack happened, you would lose access to your account while the company tries to fix the root cause and restore access to a...
by pcsrini
Thu Jul 16, 2020 3:55 pm
Forum: Investing - Theory, News & General
Topic: Data breaches and security
Replies: 28
Views: 1205

Re: Data breaches and security

Apparently, the root cause for the twitter hack was that an employee provided access to an internal tool that bypasses authentication. Could this happen at Vanguard, Schwab or any of the other brokerage sites? https://www.businessinsider.com/twitter-employee-reportedly-gave-hackers-access-internal-...
by pcsrini
Thu Jul 16, 2020 3:02 pm
Forum: Investing - Theory, News & General
Topic: Data breaches and security
Replies: 28
Views: 1205

Re: Data breaches and security

Apparently, the root cause for the twitter hack was that an employee provided access to an internal tool that bypasses authentication. Could this happen at Vanguard, Schwab or any of the other brokerage sites? https://www.businessinsider.com/twitter-employee-reportedly-gave-hackers-access-internal-t...
by pcsrini
Wed Jul 15, 2020 2:57 pm
Forum: Investing - Theory, News & General
Topic: Data breaches and security
Replies: 28
Views: 1205

Re: Data breaches and security

Some previous threads discussed this subject: https://www.bogleheads.org/forum/viewtopic.php?t=253103 https://www.bogleheads.org/forum/viewtopic.php?t=228335 https://www.bogleheads.org/forum/viewtopic.php?t=281236 And a couple of web pages from Vanguard about what you should do, and what Vanguard d...
by pcsrini
Wed Jul 15, 2020 2:34 pm
Forum: Investing - Theory, News & General
Topic: Data breaches and security
Replies: 28
Views: 1205

Re: Data breaches and security

Some previous threads discussed this subject: https://www.bogleheads.org/forum/viewtopic.php?t=253103 https://www.bogleheads.org/forum/viewtopic.php?t=228335 https://www.bogleheads.org/forum/viewtopic.php?t=281236 And a couple of web pages from Vanguard about what you should do, and what Vanguard d...
by pcsrini
Wed Jul 15, 2020 1:38 pm
Forum: Investing - Theory, News & General
Topic: Data breaches and security
Replies: 28
Views: 1205

Data breaches and security

A recent thread on Vanguard outsourcing got me thinking about data privacy and data security. Beyond the obvious external hackers, ransomware & social engineering, the biggest threat vector is perhaps a disgruntled or unscrupulous internal employee who breaches PII (personally identifiable data)...
by pcsrini
Wed Jul 15, 2020 2:52 am
Forum: Investing - Theory, News & General
Topic: [Vanguard partners with Infosys for Defined Contribution recordkeeping]
Replies: 265
Views: 17028

Re: Vanguard laying off 1300 employees as part of outsourcing deal with Infosys

Me, I love globalization. A DD has worked for three foreign corporations, currently working for one now. Americans aren't competing against just each other today. They are competing against the world. It is all about what the skill set is worth. Vanguard is a business. It isn't blind to these type ...
by pcsrini
Wed Jul 15, 2020 1:33 am
Forum: Personal Consumer Issues
Topic: Basic eBay Questions - New to eBay
Replies: 97
Views: 5109

Re: Basic eBay Questions - New to eBay

Agree with others. 1. Never ship an item till the payment is received by PayPal/eBay. As a new seller, your funds will be held till shipping company provides confirmation of an arrival or delivery scan. 2. For higher priced items, ask for signature confirmation on delivery 3. When selling lower pri...
by pcsrini
Wed Jul 15, 2020 12:02 am
Forum: Investing - Theory, News & General
Topic: [Vanguard partners with Infosys for Defined Contribution recordkeeping]
Replies: 265
Views: 17028

Re: Vanguard laying off 1300 employees as part of outsourcing deal with Infosys

For sure. These companies are making money hands over fist. But don't be deluded into thinking that once profit pressure starts they will not go down the same route. Already these companies employb as many if not more contingent workers than their regular employees. Who do think provides those cont...
by pcsrini
Tue Jul 14, 2020 11:28 pm
Forum: Investing - Theory, News & General
Topic: [Vanguard partners with Infosys for Defined Contribution recordkeeping]
Replies: 265
Views: 17028

Re: Vanguard laying off 1300 employees as part of outsourcing deal with Infosys

The important point a lot of companies that drink the outsourcing kool-aid miss is that the quality of engineers they hire from India are not going to be comparatively productive to engineers trained in the US. Even if they build the loss of productivity into their models, it still often falls shor...
by pcsrini
Tue Jul 14, 2020 11:11 pm
Forum: Investing - Theory, News & General
Topic: Almost half of BRK's portfolio in publicly traded companies is AAPL
Replies: 26
Views: 4112

Re: Almost Half of BRK is AAPL

TropikThunder wrote: Tue Jul 14, 2020 10:26 pm At some point shouldn't this thread title be changed?
Yes, thanks I will update it.
by pcsrini
Tue Jul 14, 2020 11:04 pm
Forum: Investing - Theory, News & General
Topic: [Vanguard partners with Infosys for Defined Contribution recordkeeping]
Replies: 265
Views: 17028

Re: Vanguard laying off 1300 employees as part of outsourcing deal with Infosys

The important point a lot of companies that drink the outsourcing kool-aid miss is that the quality of engineers they hire from India are not going to be comparatively productive to engineers trained in the US. Even if they build the loss of productivity into their models, it still often falls shor...
by pcsrini
Tue Jul 14, 2020 10:43 pm
Forum: Investing - Theory, News & General
Topic: [Vanguard partners with Infosys for Defined Contribution recordkeeping]
Replies: 265
Views: 17028

Re: Vanguard laying off 1300 employees as part of outsourcing deal with Infosys

The important point a lot of companies that drink the outsourcing kool-aid miss is that the quality of engineers they hire from India are not going to be comparatively productive to engineers trained in the US. Even if they build the loss of productivity into their models, it still often falls short...
by pcsrini
Tue Jul 14, 2020 2:08 am
Forum: Investing - Theory, News & General
Topic: Tesla becomes most valuable car company in the world
Replies: 236
Views: 22695

Re: Tesla becomes most valuable car company in the world

“ Almost 40,000 Robinhood accounts added shares of the automaker during a single four-hour span on Monday, according to website Robintrack.net, which compiles data on the investing platform that’s much beloved by day trading millennials.” https://finance.yahoo.com/news/ten-thousand-day-traders-hour-...
by pcsrini
Mon Jul 13, 2020 2:12 pm
Forum: Investing - Theory, News & General
Topic: Why is the stock market up? [thread multi-merge]
Replies: 521
Views: 21900

Re: Why is the stock market up? [thread multi-merge]

pcsrini wrote: The pandemic accelerated trends that were already in place: 1. Ecommerce replacing traditional retailers. Companies like Walmart & Kohls that embraced e-commerce earlier on survived. Sears, JCPenney and others declaring bankruptcy were behind the curve. 2. Streaming entertainment...
by pcsrini
Mon Jul 13, 2020 12:57 pm
Forum: Investing - Theory, News & General
Topic: Why is the stock market up? [thread multi-merge]
Replies: 521
Views: 21900

Re: Why is the stock market up? [thread multi-merge]

The pandemic accelerated trends that were already in place: 1. Ecommerce replacing traditional retailers. Companies like Walmart & Kohls that embraced e-commerce earlier on survived. Sears, JCPenney and others declaring bankruptcy were behind the curve. 2. Streaming entertainment replacing theat...
by pcsrini
Fri Jul 10, 2020 6:58 pm
Forum: Investing - Theory, News & General
Topic: Barrons: Market is setting new records. Here’s How to Prepare for a Plunge
Replies: 8
Views: 1731

Re: Barrons: Market is setting new records. Here’s How to Prepare for a Plunge

rkhusky wrote: Fri Jul 10, 2020 3:59 pm Preparing for the plunge = determining your rebalancing strategy
+1. It's a bit difficult to unemotionally rebalance when the plunge happens, but it does seem to get easier after a few times. I like the RBD strategy.
by pcsrini
Fri Jul 10, 2020 3:22 pm
Forum: Investing - Theory, News & General
Topic: Barrons: Market is setting new records. Here’s How to Prepare for a Plunge
Replies: 8
Views: 1731

Barrons: Market is setting new records. Here’s How to Prepare for a Plunge

https://www.barrons.com/articles/market-volatility-is-back-heres-how-to-manage-investment-risk-51594380614 Summary: 1. Hedging is expensive. The best way to protect your portfolio is diversification through asset allocation. Since 2007, a 100% stock portfolio has returned 8.3%. 70/30 stocks and trea...
by pcsrini
Thu Jul 09, 2020 11:23 am
Forum: Personal Consumer Issues
Topic: Basic eBay Questions - New to eBay
Replies: 97
Views: 5109

Re: Basic eBay Questions - New to eBay

Agree with others. 1. Never ship an item till the payment is received by PayPal/eBay. As a new seller, your funds will be held till shipping company provides confirmation of an arrival or delivery scan. 2. For higher priced items, ask for signature confirmation on delivery 3. When selling lower pric...
by pcsrini
Wed Jul 08, 2020 8:09 pm
Forum: Personal Consumer Issues
Topic: Anybody use a percussion massage device?
Replies: 16
Views: 1464

Re: Anybody use a percussion massage device?

If you want to give this a try, Amazon has a lightning deal on a highly rated (FWIW) device. May be worth trying this before buying a more expensive unit ..

https://www.amazon.com/Snailax-Cordless ... B085TFFNMR
by pcsrini
Wed Jul 08, 2020 11:45 am
Forum: Investing - Theory, News & General
Topic: Bogleheads Guide to The Three-Fund Portfolio: 200 Ratings. 4 1/2 Stars
Replies: 9
Views: 983

Re: Bogleheads Guide to The Four-Fund Portfolio: 200 Ratings. 4 1/2 Stars

Thanks, Taylor for this exceptional book, and also for sharing your wisdom and providing guidance over decades. Much appreciated!
by pcsrini
Wed Jul 08, 2020 11:34 am
Forum: Investing - Theory, News & General
Topic: Bloomberg: The Hottest Hedge-Fund Strategy Faces an Existential Crisis
Replies: 0
Views: 375

Bloomberg: The Hottest Hedge-Fund Strategy Faces an Existential Crisis

https://www.bloomberg.com/news/articles/2020-07-08/the-hottest-hedge-fund-strategy-is-facing-an-existential-crisis Summary: "Long short" Hedge funds attempting to protect their funds from a downturn by allocating a portion of their portfolio to shorting the market have underperformed, and ...
by pcsrini
Tue Jul 07, 2020 10:00 pm
Forum: Investing - Theory, News & General
Topic: Almost half of BRK's portfolio in publicly traded companies is AAPL
Replies: 26
Views: 4112

Re: Almost Half of BRK is AAPL

Thanks, all for clarifying the incorrect numbers in the article. It seems like the cash that BRK has on hand is 25% of the portfolio and AAPL is closer to 20%. Does this sound about right ?
by pcsrini
Tue Jul 07, 2020 7:08 pm
Forum: Investing - Theory, News & General
Topic: Almost half of BRK's portfolio in publicly traded companies is AAPL
Replies: 26
Views: 4112

Almost half of BRK's portfolio in publicly traded companies is AAPL

According to this article, BRK owns $91B of AAPL which is 43% of its portfolio. https://www.marketwatch.com/story/diversify-almost-half-of-warren-buffetts-berkshire-hathaway-portfolio-is-comprised-of-a-single-stock-2020-07-07 A provocative quote attributed to Buffett in the article: Warren Buffett o...
by pcsrini
Tue Jul 07, 2020 2:01 pm
Forum: Personal Finance (Not Investing)
Topic: What to do with all this MONEY ?
Replies: 201
Views: 21295

Re: What to do with all this MONEY ?

Why not create a trust for each of your children and grandchildren and for your son who is bad with finances set it up so that he can't use all of it but only get paid a monthly stipend from it and have it pass to his children upon his death? I've seen similar sentiments expressed a few times in th...
by pcsrini
Tue Jul 07, 2020 11:59 am
Forum: Personal Finance (Not Investing)
Topic: What to do with all this MONEY ?
Replies: 201
Views: 21295

Re: What to do with all this MONEY ?

Why not create a trust for each of your children and grandchildren and for your son who is bad with finances set it up so that he can't use all of it but only get paid a monthly stipend from it and have it pass to his children upon his death? I've seen similar sentiments expressed a few times in th...
by pcsrini
Tue Jul 07, 2020 11:10 am
Forum: Personal Finance (Not Investing)
Topic: Schwab Customer Service Experience
Replies: 29
Views: 1813

Re: Schwab Customer Service Experience

My experience with Schwab CS has been mostly positive. Their CS agents are onshore, seem to be well trained, and in most cases seem to have the tools and the knowledge base answers to resolve questions quickly. For certain issues, as it appears to be in this case, if the agent does not have their CR...
by pcsrini
Mon Jul 06, 2020 11:01 pm
Forum: Personal Consumer Issues
Topic: Global Entry Interview conditional approval (365 day clock)...
Replies: 15
Views: 1224

Re: Global Entry Interview conditional approval (365 day clock)...

They are backlogged in processing the applications. My conditional approval for renewal took approx 6 months.
by pcsrini
Mon Jul 06, 2020 4:28 pm
Forum: Personal Consumer Issues
Topic: Global Entry Interview conditional approval (365 day clock)...
Replies: 15
Views: 1224

Re: Global Entry Interview conditional approval (365 day clock)...

According to this link, its now 485 days, and all offices are now closed till Aug 10th. If you had an appt prior to that date, it will need to be rescheduled. I have an appt in about a week, and have not received a cancellation email yet. https://www.cbp.gov/newsroom/national-media-release/cbp-postp...
by pcsrini
Mon Jul 06, 2020 2:22 pm
Forum: Investing - Theory, News & General
Topic: Delisting of Credit Suisse ETN's (TVIX and others)
Replies: 7
Views: 741

Re: Delisting of Credit Suisse ETN's (TVIX and others)

Interesting titbit. TVIX is now traded as TVIXF OTC due to the delisting and seems to be trading with sufficient liquidity. Quoted from the article below: "20,000 Robinhood Accounts Own TVIX. Not to pick on Robinhood shareholders again, but it looks like many of them failed to close out their p...
by pcsrini
Mon Jul 06, 2020 2:10 pm
Forum: Investing - Theory, News & General
Topic: Bloomberg: The Cost of Bad Market Timing Decisions in 2020 Was Annihilation
Replies: 39
Views: 6736

Re: Bloomberg: The Cost of Bad Market Timing Decisions in 2020 Was Annihilation

... As is often said in this forum, staying the course is the recommendation at the end of the article. So true and, fwiw, here are other comments in this article that are often said on this forum not by market pros, but predominantly by non-pros (and by Boglehead pros via Taylor Larimore's market ...
by pcsrini
Sun Jul 05, 2020 9:08 pm
Forum: Personal Consumer Issues
Topic: YoutubeTV subscription now $64.99/month
Replies: 174
Views: 17520

Re: YoutubeTV subscription now $64.99/month

I didn't see this mentioned (but I didn't read every post), but doesn't me paying for and using YTTV give Google valuable marketing data? I mean, they have so many products for free to get your data and surely they are using my viewing habits to make their ad placement prices higher. I actually tho...
by pcsrini
Sun Jul 05, 2020 8:53 pm
Forum: Personal Consumer Issues
Topic: YoutubeTV subscription now $64.99/month
Replies: 174
Views: 17520

Re: YoutubeTV subscription now $64.99/month

I didn't see this mentioned (but I didn't read every post), but doesn't me paying for and using YTTV give Google valuable marketing data? I mean, they have so many products for free to get your data and surely they are using my viewing habits to make their ad placement prices higher. I actually tho...
by pcsrini
Sun Jul 05, 2020 11:26 am
Forum: Personal Consumer Issues
Topic: YoutubeTV subscription now $64.99/month
Replies: 174
Views: 17520

Re: YoutubeTV subscription now $64.99/month

An interesting competitive analysis: Instead of $65/month for Youtube TV you can subscribe to: Netflix for $9 to $16 per month. Disney+ for $7 per month. Hulu for $6 to $12 per month. Amazon Prime Video for $9 per month. HBO Max for $15 per month. Apple TV+ for $5 per month. At the low end, total co...
by pcsrini
Sat Jul 04, 2020 9:12 pm
Forum: Investing - Theory, News & General
Topic: Won’t 2020-2030 Stock Returns Look Like 2009-2019?
Replies: 35
Views: 3142

Re: Won’t 2020-2030 Stock Returns Look Like 2009-2019?

Take this with a grain of salt. Schwab had an event last week on the what to expect in the 2H 2020 for the market. There was a chart in the presentation comparing the 2009 and 2020 market, and the similarity YTD in these two years. The common thread in 2009 and 2020 is the Fed stepping in to provide...
by pcsrini
Sat Jul 04, 2020 7:03 pm
Forum: Investing - Theory, News & General
Topic: Barrons: The Next Trillion Dollar Stock
Replies: 22
Views: 2232

Re: Barrons: The Next Trillion Dollar Stock

I think I own some US Government trillion dollar stock shares. That is a great way to think about government bonds. Actually, I was thinking of Mnuchin & colleagues latest moves. Surely, they are propping up the means of production here in the USA. They are trying very hard not to advertise thi...
by pcsrini
Sat Jul 04, 2020 12:30 pm
Forum: Investing - Theory, News & General
Topic: Barrons: The Next Trillion Dollar Stock
Replies: 22
Views: 2232

Re: Barrons: The Next Trillion Dollar Stock

livesoft wrote: Sat Jul 04, 2020 11:59 am I think I own some US Government trillion dollar stock shares.
That is a great way to think about government bonds.
by pcsrini
Sat Jul 04, 2020 12:25 pm
Forum: Personal Finance (Not Investing)
Topic: What to do with all this MONEY ?
Replies: 201
Views: 21295

Re: What to do with all this MONEY ?

Thank you for all your replies, it gave me & DW a chance to gain incite into how to set up our affairs now rather than later. Thanks for referring the above mentioned 3 books which we will read to learn ways on how to do things. As our accumulation phase is ending & the drawing down phase w...