Search found 1349 matches

by Silence Dogood
Mon May 25, 2020 10:45 pm
Forum: Personal Finance (Not Investing)
Topic: Investors: be aware of weakness in 2FA + strengthening
Replies: 102
Views: 5365

Re: Investors: be aware of weakness in 2FA + strengthening

Kookaburra wrote:
Mon May 25, 2020 9:44 pm
At this point, homing pigeons seem like a good idea for delivery of a code.
Don't get me started on pigeon-based two-factor authentication... :P
by Silence Dogood
Mon May 25, 2020 5:14 pm
Forum: Personal Finance (Not Investing)
Topic: Investors: be aware of weakness in 2FA + strengthening
Replies: 102
Views: 5365

Re: Investors: be aware of weakness in 2FA + strengthening

Well, it's a bit more complicated than that. The fake website will likely generate a message stating some kind of iteration of: "This website is temporarily down for maintenance, please try back again later." This fake website would likely just be a "dummy" website. For example, you could enter "Mi...
by Silence Dogood
Mon May 25, 2020 4:02 pm
Forum: Personal Finance (Not Investing)
Topic: Investors: be aware of weakness in 2FA + strengthening
Replies: 102
Views: 5365

Re: Investors: be aware of weakness in 2FA + strengthening

If the user types in the new code, what difference does it make whether it's good for 30 seconds or 10 minutes? A hacker sends you a legitimate looking email with a link to "vamguard.com" - and you click on it thinking that it's actually "vanguard.com". The website is designed to look exactly the s...
by Silence Dogood
Mon May 25, 2020 2:32 pm
Forum: Personal Finance (Not Investing)
Topic: Help understanding Credit Utilization (new to credit cards)
Replies: 10
Views: 400

Re: Help understanding Credit Utilization (new to credit cards)

Credit utilization is calculated when they send you the bill. Not necessarily, I have a credit card that reports on the last calendar day of each month (which is not the same as the statement date). Thanks, all! So, is there any reason not to pay off any charges the moment they show on my balance? ...
by Silence Dogood
Mon May 25, 2020 2:12 pm
Forum: Personal Finance (Not Investing)
Topic: Investors: be aware of weakness in 2FA + strengthening
Replies: 102
Views: 5365

Re: Investors: be aware of weakness in 2FA + strengthening

If the user types in the new code, what difference does it make whether it's good for 30 seconds or 10 minutes? A hacker sends you a legitimate looking email with a link to "vamguard.com" - and you click on it thinking that it's actually "vanguard.com". The website is designed to look exactly the s...
by Silence Dogood
Mon May 25, 2020 1:43 pm
Forum: Personal Finance (Not Investing)
Topic: Investors: be aware of weakness in 2FA + strengthening
Replies: 102
Views: 5365

Re: Investors: be aware of weakness in 2FA + strengthening

If the user types in the new code, what difference does it make whether it's good for 30 seconds or 10 minutes? A hacker sends you a legitimate looking email with a link to "vamguard.com" - and you click on it thinking that it's actually "vanguard.com". The website is designed to look exactly the s...
by Silence Dogood
Mon May 25, 2020 1:16 pm
Forum: Personal Finance (Not Investing)
Topic: Investors: be aware of weakness in 2FA + strengthening
Replies: 102
Views: 5365

Re: Investors: be aware of weakness in 2FA + strengthening

SMS 2FA is principally vulnerable to two attacks: SIM swaps, in which an attacker convinces the mobile provider to transfer the number Phishing, where you unknowingly enter the SMS 2FA code into an attacker's website, the attacker then uses it to log in to the real website App-based 2FA like Google...
by Silence Dogood
Mon May 25, 2020 12:39 pm
Forum: Personal Finance (Not Investing)
Topic: Help understanding Credit Utilization (new to credit cards)
Replies: 10
Views: 400

Re: Help understanding Credit Utilization (new to credit cards)

mhalley wrote:
Mon May 25, 2020 12:37 pm
Credit utilization is calculated when they send you the bill.
Not necessarily, I have a credit card that reports on the last calendar day of each month (which is not the same as the statement date).
by Silence Dogood
Mon May 25, 2020 12:36 pm
Forum: Personal Finance (Not Investing)
Topic: Help understanding Credit Utilization (new to credit cards)
Replies: 10
Views: 400

Re: Help understanding Credit Utilization (new to credit cards)

OP,

Your credit card balance is reported once each month to whichever credit bureau (TransUnion, Equifax, Experian) your credit card company chooses to report to. Therefore, it is a "snapshot" based on whichever day your credit card company reports it.
by Silence Dogood
Mon May 25, 2020 10:22 am
Forum: Personal Investments
Topic: Why Vanguard Seems to Be Pushing Us Towards ETFs?
Replies: 25
Views: 2460

Re: Why Vanguard Seems to Be Pushing Us Towards ETFs?

OP, Something to keep in mind - For Vanguard Total Stock Market Index Fund Admiral shares (VTSAX): In 2010, there was a $50K minimum investment required (~$58,789.71 in 2020 dollars). In 2018, there was a $10K minimum investment required (~$51,051.74 in 2020 dollars). In 2020, there is a $3K minimum...
by Silence Dogood
Mon May 25, 2020 9:40 am
Forum: US Chapters
Topic: MEMORIAL DAY
Replies: 32
Views: 2212

Re: MEMORIAL DAY

Thank you, Taylor. It is for us the living, rather, to be dedicated here to the unfinished work which they who fought here have thus far so nobly advanced. It is rather for us to be here dedicated to the great task remaining before us—that from these honored dead we take increased devotion to that c...
by Silence Dogood
Mon May 25, 2020 9:18 am
Forum: Investing - Theory, News & General
Topic: "The stocks are up but the economy's down"--good "Indicator" podcast episode
Replies: 12
Views: 1443

Re: "The stocks are up but the economy's down"--good "Indicator" podcast episode

Thanks for sharing, nisiprius! I listened to this episode the other day and recommend it as well. "The Indicator" and its parent podcast "Planet Money" are both great listens. Lots of interesting and unusual topics related to economics, as well as some in-depth but easy-to-understand coverage of wha...
by Silence Dogood
Mon May 25, 2020 9:05 am
Forum: Personal Consumer Issues
Topic: Vanguard Phishing Email
Replies: 18
Views: 2013

Re: Vanguard Phishing Email

One thing I have started doing is to include the contact number of the entity I am adding to my password program. This is a great idea! Thank you for sharing. I don't know if the email/phone call was legitimate or not; I was convinced it wasn't and Vanguard said as much when I called them but CABob...
by Silence Dogood
Sun May 24, 2020 11:05 am
Forum: Personal Consumer Issues
Topic: Vanguard Phishing Email
Replies: 18
Views: 2013

Re: Vanguard Phishing Email

After further consideration and some of the comments in this conversation I called the Vanguard Fraud line today and asked about the email . The Rep I spoke to told me it is a legitimate email and the Retail Investor Group is an organization within Vanguard. Smart move, CABob. Only next time I woul...
by Silence Dogood
Sun May 24, 2020 9:34 am
Forum: Investing - Theory, News & General
Topic: Do you hold commodities?
Replies: 26
Views: 1416

Re: Do you hold commodities?

OP,

For me, it is simple.

I don't invest in things I don't understand.

I don't understand commodities as an investment.
by Silence Dogood
Fri May 22, 2020 11:38 pm
Forum: Personal Investments
Topic: Why is my Vanguard VSTAX fund split into a a regular and (Cash) funds?
Replies: 16
Views: 1461

Re: Why is my Vanguard VSTAX fund split into a a regular and (Cash) funds?

I was wondering if they started mandatory on every login, I thought there were some threads mentioning this but didn’t really pay attention, I have to 2fa every time I log in, same tablet. Weird Just logged on, no 2fa, this is weird My account is set up so that two-factor authentication is required...
by Silence Dogood
Tue May 19, 2020 7:11 pm
Forum: Personal Consumer Issues
Topic: Vanguard Phishing Email
Replies: 18
Views: 2013

Re: Vanguard Phishing Email

This is very interesting. I must have missed this post when it was added in early March. It is very similar to one that I received in mid May that I reported at https://www.bogleheads.org/forum/viewtopic.php?f=2&t=314909&newpost=5262179&view=unread#unread Although like you I found the email to be s...
by Silence Dogood
Fri May 15, 2020 8:49 pm
Forum: Investing - Theory, News & General
Topic: Vanguard said to offer Digital Advisory Service [Robo-Advisor]
Replies: 111
Views: 10382

Re: Vanguard said to offer Digital Advisory Service [Robo-Advisor]

Perhaps this is an irrational concern... but aren't the LifeStrategy and Target Retirement funds, at least to some degree , competing against VPAS and VDAS? If so, will that make Vanguard reluctant to lower the costs of these funds (for example, by investing in either the Admiral or ETF share classe...
by Silence Dogood
Thu May 14, 2020 8:43 pm
Forum: Investing - Theory, News & General
Topic: Expected Future Return of Vanguard’s Target Retirement Funds
Replies: 21
Views: 1471

Re: Expected Future Return of Vanguard’s Target Retirement Funds

Unfortunately, a higher stock allocation cannot make up for an inadequate savings rate. Of course it can. Obviously the devil is in the details: how much higher the stock allocation is and how inadequate the saving rate. Stocks are only expected - but not guaranteed - to have higher returns than bo...
by Silence Dogood
Thu May 14, 2020 5:58 pm
Forum: Investing - Theory, News & General
Topic: Expected Future Return of Vanguard’s Target Retirement Funds
Replies: 21
Views: 1471

Re: Expected Future Return of Vanguard’s Target Retirement Funds

Unfortunately, a higher stock allocation cannot make up for an inadequate savings rate. Of course it can. Obviously the devil is in the details: how much higher the stock allocation is and how inadequate the saving rate. Stocks are only expected - but not guaranteed - to have higher returns than bo...
by Silence Dogood
Thu May 14, 2020 4:46 pm
Forum: Investing - Theory, News & General
Topic: Expected Future Return of Vanguard’s Target Retirement Funds
Replies: 21
Views: 1471

Re: Expected Future Return of Vanguard’s Target Retirement Funds

In trying to determine willingness, ability, and need to take risk, it’s important to try and estimate the returns of one’s portfolio over the long-term, and adjust a stock/bond allocation. In my opinion, "need" should determine savings rate , not asset allocation. As a contrast, most advisors woul...
by Silence Dogood
Thu May 14, 2020 3:49 pm
Forum: Investing - Theory, News & General
Topic: Expected Future Return of Vanguard’s Target Retirement Funds
Replies: 21
Views: 1471

Re: Expected Future Return of Vanguard’s Target Retirement Funds

simplesauce wrote:
Thu May 14, 2020 8:25 am
In trying to determine willingness, ability, and need to take risk, it’s important to try and estimate the returns of one’s portfolio over the long-term, and adjust a stock/bond allocation.
In my opinion, "need" should determine savings rate, not asset allocation.
by Silence Dogood
Thu May 14, 2020 8:29 am
Forum: Investing - Theory, News & General
Topic: Vanguard Mutual Fund Platform EOL
Replies: 245
Views: 8532

Re: Vanguard Mutual Fund Platform EOL

Can someone explain why vanguard is not only pushing the platform but pushing ETF’s over mutual funds? If you are a PAS client you can no longer keep mutual funds at some relatively soon future date.. I think September. I think that's a question only Vanguard can answer. As someone who prefers mutu...
by Silence Dogood
Mon May 11, 2020 9:31 pm
Forum: Personal Consumer Issues
Topic: SIM Card Hack
Replies: 21
Views: 2647

Re: SIM Card Hack

OP, you may be interested in this thread and this thread.

The simple solution: app-based two-factor authentication.
by Silence Dogood
Sat May 09, 2020 8:02 pm
Forum: Personal Investments
Topic: Why Make Portfolio Safer (More Bonds) as I age?
Replies: 35
Views: 3047

Re: Why Make Portfolio Safer (More Bonds) as I age?

jhsu802701 wrote:
Fri May 08, 2020 5:06 pm
Bonds are NOT safe or conservative investments. Inflation and interest rates CAN rise. Bond prices suffered from repeated beatings from the early 1940s to the early 1980s.
What do you propose instead?

What about a (short- or intermediate-term) TIPS fund?
by Silence Dogood
Wed May 06, 2020 7:25 pm
Forum: Investing - Theory, News & General
Topic: Vanguard 2-factor authentication becoming mandatory and available for non-US
Replies: 65
Views: 5027

Re: Vanguard 2-factor authentication becoming mandatory and available for non-US

I consider accessing a financial institution via their app to be *more* secure than using their website, especially on an iPhone. You can't get phished, the OS guarantees all communications are encrypted, no risk of rogue browser extensions stealing data. I agree. (Was this in response to my post?)...
by Silence Dogood
Wed May 06, 2020 4:19 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Mutual Funds Outperform ETF
Replies: 49
Views: 2826

Re: Vanguard Mutual Funds Outperform ETF

The PAS advisor is pushing us to give up our mutual funds now because we “have to eventually” . The next time the advisor says this, I suggest you ask, "Is Vanguard planning to no longer offer mutual funds?". A yes-or-no question. If you do this, please let us know the response. Why is that? Becaus...
by Silence Dogood
Tue May 05, 2020 5:10 pm
Forum: Investing - Theory, News & General
Topic: Vanguard 2-factor authentication becoming mandatory and available for non-US
Replies: 65
Views: 5027

Re: Vanguard 2-factor authentication becoming mandatory and available for non-US

There is essentially no reasonable security threat from using an authentication app on a smartphone.

Having said that, I limit the financial apps on my smartphone to mitigate the risk of user and/or behavioral error, which is always a possibility. :wink:
by Silence Dogood
Sun May 03, 2020 9:33 pm
Forum: Investing - Theory, News & General
Topic: Do Paradigm Changes Call for Change In Strategies?
Replies: 24
Views: 1512

Re: Do Paradigm Changes Call for Change In Strategies?

OP, Are you concerned about inflation or deflation? I can't tell. I've been reading the book, The Great Depression: A Diary , by Benjamin Roth. An interesting juxtaposition that I've noticed: he will often write in one paragraph about his fear of inflation... and then in the next paragraph list all ...
by Silence Dogood
Sun May 03, 2020 1:33 pm
Forum: Investing - Theory, News & General
Topic: Vanguard reviews “commodities futures” for inclusion in Target Date Retirement Funds
Replies: 32
Views: 2734

Re: Vanguard reviews “commodities futures” for inclusion in Target Date Retirement Funds

As an investor in Vanguard Target Retirement 2055, I am happy that Vanguard decided not to do this. I genuinely wish that someone could explain to me why a commodity should be expected to have a positive real rate-of-return. Why should gold be so much more expensive today than it was twenty years ag...
by Silence Dogood
Sun May 03, 2020 11:40 am
Forum: Investing - Theory, News & General
Topic: Vanguard 2-factor authentication becoming mandatory and available for non-US
Replies: 65
Views: 5027

Re: Vanguard 2-factor authentication becoming mandatory and available for non-US

The “phone fallback” made yubikey usage pretty much pointless. Left me scratching my head. Technically, those who have opted to use the YubiKey for their Vanguard account are actually worse off (security-wise) than those who haven't. It's truly baffling. Really? How so? I thought they were in prett...
by Silence Dogood
Sat May 02, 2020 9:52 pm
Forum: Investing - Theory, News & General
Topic: Vanguard 2-factor authentication becoming mandatory and available for non-US
Replies: 65
Views: 5027

Re: Vanguard 2-factor authentication becoming mandatory and available for non-US

absolute zero wrote:
Wed Apr 29, 2020 11:00 pm
The “phone fallback” made yubikey usage pretty much pointless. Left me scratching my head.
Technically, those who have opted to use the YubiKey for their Vanguard account are actually worse off (security-wise) than those who haven't.

It's truly baffling.
by Silence Dogood
Sat May 02, 2020 9:33 pm
Forum: Investing - Theory, News & General
Topic: Vanguard 2-factor authentication becoming mandatory and available for non-US
Replies: 65
Views: 5027

Re: Vanguard 2-factor authentication becoming mandatory and available for non-US

absolute zero wrote:
Wed Apr 29, 2020 11:00 pm
My vote is for Vanguard to get onboard with 2FA Authenticator apps.
App-based two-factor authentication would be a significant improvement over SMS-based two-factor authentication.

I don't understand why Vanguard hasn't already implemented this.
by Silence Dogood
Sat May 02, 2020 7:52 pm
Forum: Investing - Theory, News & General
Topic: Vanguard reviews “commodities futures” for inclusion in Target Date Retirement Funds
Replies: 32
Views: 2734

Re: Vanguard reviews “commodities futures” for inclusion in Target Date Retirement Funds

Vanguard tells us to stay the course but they keep tinkering with their target date funds. These idiots haven't learned anything from increasing allocation to internationals ~ 10 years back. I have been trying to find out what 4 changes they have made over the years. Do you know where I can find th...
by Silence Dogood
Thu Apr 30, 2020 5:36 pm
Forum: Investing - Theory, News & General
Topic: If you believing in Timing the market, Would you reduce equity allocation now?
Replies: 110
Views: 7907

Re: If you believing in Timing the market, Would you reduce equity allocation now?

Lots and lots of Bogleheads actually do market timing in the negative sense: They do NOT rebalance when rebalancing is called for. Indeed, many post proudly about "I did not look and I did nothing." My rebalancing is done for me (VFFVX) so I don't need to do anything. :happy Perhaps others are in t...
by Silence Dogood
Wed Apr 29, 2020 5:19 pm
Forum: Personal Investments
Topic: Holding Gold as "Doomsday Fund"
Replies: 121
Views: 5013

Re: Holding Gold as "Doomsday Fund"

The problem I see with these gold threads is that people treat gold as a trade-off for food, water, shelter, clothing, and even guns/ammo. Gold does not prevent someone from owning and being well-stocked in all those things. Just because someone wants to own gold for an unlikely SHTF scenario does ...
by Silence Dogood
Wed Apr 29, 2020 5:14 pm
Forum: Personal Investments
Topic: Holding Gold as "Doomsday Fund"
Replies: 121
Views: 5013

Re: Holding Gold as "Doomsday Fund"

Jack FFR1846 wrote:
Wed Apr 29, 2020 8:12 am
Think about it. If things got so bad that money became worthless, what would be useful?
Social capital.
by Silence Dogood
Tue Apr 28, 2020 6:23 pm
Forum: Personal Investments
Topic: Holding Gold as "Doomsday Fund"
Replies: 121
Views: 5013

Re: Holding Gold as "Doomsday Fund"

bovineplane wrote:
Tue Apr 28, 2020 4:27 pm
livesoft wrote:
Tue Apr 28, 2020 4:20 pm
I don't think anyone was able to use their gold bars to buy toilet paper recently.
They didn't use guns for TP either. Doesn't mean one shouldn't have a firearm if SHTF.
I'm pretty sure toilet paper would be more useful in such a situation.
by Silence Dogood
Tue Apr 28, 2020 5:30 pm
Forum: Personal Investments
Topic: Holding Gold as "Doomsday Fund"
Replies: 121
Views: 5013

Re: Holding Gold as "Doomsday Fund"

Which has me thinking . . . I'm considering buying $100,000 in physical gold and $10,000 in silver coins. I wouldn't consider it as part of my portfolio, but an insurance policy against "the worst." I know gold as an investment has generally been a stinker. It doesn't do anything productive; it doe...
by Silence Dogood
Sun Apr 26, 2020 2:00 pm
Forum: Personal Investments
Topic: Are ETFs Really That Safe?
Replies: 61
Views: 7730

Re: Are ETFs Really That Safe?

I would still like to see the data on any differences between investor returns for ETFs versus their mutual fund equivalents (e.g., investor returns for VTI versus VTSAX). I wonder if there are any significant differences. Does anyone know where this data can be found? There's no robust data that I...
by Silence Dogood
Sun Apr 26, 2020 11:49 am
Forum: Personal Investments
Topic: Are ETFs Really That Safe?
Replies: 61
Views: 7730

Re: Are ETFs Really That Safe?

I would still like to see the data on any differences between investor returns for ETFs versus their mutual fund equivalents (e.g., investor returns for VTI versus VTSAX).

I wonder if there are any significant differences.

Does anyone know where this data can be found?
by Silence Dogood
Fri Apr 24, 2020 5:02 pm
Forum: Investing - Theory, News & General
Topic: A downside to target retirement funds?
Replies: 47
Views: 5265

Re: A downside to target retirement funds?

firebirdparts wrote:
Mon Apr 20, 2020 3:50 pm
Personally, I would rather have two separate funds and then buy the one that's too low and sell the one that's too high.
That's... exactly what Target Retirement funds do.

Or are you just stating a preference for doing it yourself?
by Silence Dogood
Sun Apr 12, 2020 7:30 pm
Forum: Personal Consumer Issues
Topic: Improving online security
Replies: 69
Views: 4151

Re: Improving online security

People who own property usually keep some kind of proof of ownership, why not do that for a retirement account? Real estate property deeds are notarized and then filed into the public record. If Vanguard notarized every statement they sent you and then filed it with the local courthouse, then it mi...
by Silence Dogood
Sun Apr 12, 2020 7:26 pm
Forum: Personal Finance (Not Investing)
Topic: Holding EF in something other than cash?
Replies: 32
Views: 1750

Re: Holding EF in something other than cash?

I keep my emergency fund in an FDIC-insured savings account. I've considered using Series I savings bonds for my emergency fund, but I have concerns about liquidity. As I understand it, it used to be possible to buy (paper) savings bonds at the bank/credit union. It's too bad that it's not possible...
by Silence Dogood
Sun Apr 12, 2020 2:45 pm
Forum: Investing - Theory, News & General
Topic: The One-Fund Portfolio as a default suggestion
Replies: 310
Views: 45987

Re: The One-Fund Portfolio as a default suggestion

I am invested in the Vanguard Target Retirement 2055 fund (VFFVX).

It's the only fund I've ever owned in my Roth IRA - which I opened soon after I turned 20.

Stay the course! :beer
by Silence Dogood
Sun Apr 12, 2020 11:53 am
Forum: Investing - Theory, News & General
Topic: "The Day the Bubble Burst," eBook flash sale, $1.99
Replies: 11
Views: 1493

Re: "The Day the Bubble Burst," eBook flash sale, $1.99

Thank you, nisiprius.

I have "Kindle eBook Credit" that expires soon. This is a good way to use it.
by Silence Dogood
Sat Apr 11, 2020 10:39 am
Forum: Personal Finance (Not Investing)
Topic: Holding EF in something other than cash?
Replies: 32
Views: 1750

Re: Holding EF in something other than cash?

I keep my emergency fund in an FDIC-insured savings account. I've considered using Series I savings bonds for my emergency fund, but I have concerns about liquidity. As I understand it, it used to be possible to buy (paper) savings bonds at the bank/credit union. It's too bad that it's not possible ...
by Silence Dogood
Fri Apr 10, 2020 6:46 pm
Forum: Personal Consumer Issues
Topic: Improving online security
Replies: 69
Views: 4151

Re: Improving online security

Regarding the examples you provided, simply keeping a copy of your statements can help to mitigate against those risks. I don't see how copies of statements would mitigate those risks. How does an account owner prove those statements are authentic? The keyword is " mitigate ". As far as authenticit...