Search found 12366 matches

by Mel Lindauer
Tue May 23, 2017 2:34 pm
Forum: Investing - Theory, News & General
Topic: Reporter doing story about losing money in active funds
Replies: 1
Views: 443

Reporter doing story about losing money in active funds

Hi Everyone: A known reporter for the Wall Street Journal is looking to speak to investors who have lost money on an actively-managed mutual fund because they were led to believe that it would perform well in the future. Obviously doesn't have to be a Vanguard fund. She would need to hear back by Fr...
by Mel Lindauer
Sun May 21, 2017 10:22 pm
Forum: Local Chapters and Bogleheads Community
Topic: I think I found Rick Ferri
Replies: 63
Views: 14284

Re: The Second Time Around

And by the way, I am curious if Taylor has remarried. We were all sad when he lost Pat. Ned: Losing Pat, my beautiful, intelligent wife for 62 years, and mother of our three sons, was a terrible loss to everyone who knew her. A major reason I did not fall into deep depression was my participation o...
by Mel Lindauer
Sun May 21, 2017 10:12 pm
Forum: Local Chapters and Bogleheads Community
Topic: I think I found Rick Ferri
Replies: 63
Views: 14284

Re: I think I found Rick Ferri

Alright, now forum members can start stalking Rick Ferri. Sightings MUST be documented by photos posted in this thread. Maybe an award can be given at each annual Bogleheads conference for most sightings separated by at least 50 miles each year? I do hope to meet them again ... out on the road. It ...
by Mel Lindauer
Sat May 20, 2017 2:50 pm
Forum: Personal Finance (Not Investing)
Topic: Convert EE Savings Bonds at Treasury Direct?
Replies: 6
Views: 629

Re: Convert EE Savings Bonds at Treasury Direct?

There's another current thread on EE bonds but I didn't want to hijack it since my question is a little different. We have dual-owner named EEs from 1987 through 1994, the first reaching maturity next month in June. They're titled as A or B as owner. A is deceased. They're in paper format. There ar...
by Mel Lindauer
Sat May 20, 2017 2:44 pm
Forum: Investing - Help with Personal Investments
Topic: At crossroads with Annuity
Replies: 21
Views: 1499

Re: At crossroads with Annuity

One clarification on Friar's good response regarding withdrawals from annuities- -I believe withdrawals from variable annuities are taxed as income first. so the only way you could spread today's $30,000 gain (unless you annuitize) is to take, say, $10,000 per year for the first two years . Then th...
by Mel Lindauer
Fri May 19, 2017 7:59 pm
Forum: Personal Finance (Not Investing)
Topic: Anyone know what "book" an advisor or insurance salesperson would offer to buy for a prospective client?
Replies: 26
Views: 1359

Re: Anyone know what "book" an advisor or insurance salesperson would offer to buy for a prospective client?

David Jay wrote:I'll bet it isn't "If You Can". :happy


And I'll guarantee you that it isn't The Bogleheads' Guide to Investing. :D
by Mel Lindauer
Wed May 17, 2017 4:08 pm
Forum: Local Chapters and Bogleheads Community
Topic: What Happened to Hampton Roads Chapter
Replies: 12
Views: 1631

Re: What Happened to Hampton Roads Chapter

Sounds like there's enough interest to get the Local Chapter back up and running. All we need is for one of you to step up and agree to be the Local Chapter Coordinator. All that person has to do is communicate with members about meeting dates, times, locations, agenda items, etc. Doesn't require an...
by Mel Lindauer
Mon May 15, 2017 10:47 am
Forum: Investing - Help with Personal Investments
Topic: S&P 500 vs Mid Cap Value
Replies: 11
Views: 1376

Re: S&P 500 vs Mid Cap Value

I started singing the praises of mid-caps back in 2000 in an online discussion on Morningstar with Larry Swedroe where I pointed out that mid-caps had outperformed his favored slice-and-dice portfolio over the (at that time) past 15 years. I also pointed out that mid-caps avoided both the risk of sm...
by Mel Lindauer
Tue May 09, 2017 2:31 pm
Forum: Investing - Theory, News & General
Topic: Bogleheads' Guide to Investing. Latest Edition???
Replies: 7
Views: 1007

Re: Bogleheads' Guide to Investing. Latest Edition???

onthecusp wrote:I'm in the middle of reading it now. Good stuff Mel, Taylor, and Michael.

Thanks a bunch!


Glad to hear that you're enjoying it, onthecusp.
by Mel Lindauer
Tue May 09, 2017 1:34 pm
Forum: Investing - Theory, News & General
Topic: Bogleheads' Guide to Investing. Latest Edition???
Replies: 7
Views: 1007

Re: Bogleheads' Guide to Investing. Latest Edition???

Although I have been registered for a few years, this is my first post. The search function has been great, helping me to get answers to most questions. However, I have not been able to determine the latest edition of this great book. With graduation season closing in, I want to get 2 copies as gif...
by Mel Lindauer
Mon May 08, 2017 2:14 pm
Forum: Investing - Help with Personal Investments
Topic: Interest calculation anamoly on I-Bonds
Replies: 4
Views: 417

Re: Interest calculation anamoly on I-Bonds

Remember, they withhold the last three months' interest for all bonds held less than five years (that's the penalty for redeeming prior to five years). Not sure if that's responsible for all of them or not, but you need to take that into consideration.
by Mel Lindauer
Mon May 08, 2017 10:16 am
Forum: Local Chapters and Bogleheads Community
Topic: HAPPY BIRTHDAY MR. BOGLE: Let's Get The Party Started One Day Early
Replies: 68
Views: 2844

Re: HAPPY BIRTHDAY MR. BOGLE: Let's Get The Party Started One Day Early

From the dedication of our Bogleheads' Guide to Investing: "To John C. Bogle, founder of The Vanguard Group A man whom we knew from afar for many years but have since come to know and cherish as a friend. While some mutual fund founders chose to make billions, he chose to make a difference.&quo...
by Mel Lindauer
Sun May 07, 2017 8:55 pm
Forum: Local Chapters and Bogleheads Community
Topic: HAPPY BIRTHDAY MR. BOGLE: Let's Get The Party Started One Day Early
Replies: 68
Views: 2844

Re: For Mr. Bogle: Let's Get The Party Started One Day Early

Happy Birthday, Jack. Thanks for all you've done for millions and millions of investors who are so much richer because you shared Vanguard's success with your investors, rather than pocketing the billions that could have been yours. You're a true American hero and I'm so very proud to call you my fr...
by Mel Lindauer
Sat May 06, 2017 4:42 pm
Forum: Investing - Help with Personal Investments
Topic: Signed up with 2 Advisors - Need Feedback, My Questions
Replies: 30
Views: 1536

Re: Signed up with 2 Advisors - Need Feedback, My Questions

Nedsaid, I got very valuable advise from you on another thread where you advised on ubbrella policy for insurnace. thanks you again. What are you thoughts on my question below which I originally requested help with... 3. Question on #1. Wife is concerned why we have to give Advisor 1 our Bank Routi...
by Mel Lindauer
Sat May 06, 2017 1:14 pm
Forum: Investing - Help with Personal Investments
Topic: Nationwide Destination Series 2.0 Variable Annuity
Replies: 8
Views: 482

Re: Nationwide Destination Series 2.0 Variable Annuity

...always stayed away from annuities due to high upfront commissions... Same with this one, the salesperson will likely make 8% up front. Also: 1. You will have to take a big loss if you need to get your money out in the first few years. 2. You will make significantly less on the same investments i...
by Mel Lindauer
Sat May 06, 2017 1:10 pm
Forum: Investing - Help with Personal Investments
Topic: Signed up with 2 Advisors - Need Feedback, My Questions
Replies: 30
Views: 1536

Re: Signed up with 2 Advisors - Need Feedback, My Questions

Signed up with 2 Advisors. I believe this is known as sinning boldly. :D More seriously, why not use Vanguard advisory service ? They're top notch and cost only .3%. I second the recommendation of using Vanguard's Personal Advisory Service. At .3%, you'll have a lot more money in YOUR pocket, rathe...
by Mel Lindauer
Sat May 06, 2017 10:57 am
Forum: Investing - Help with Personal Investments
Topic: Nationwide Destination Series 2.0 Variable Annuity
Replies: 8
Views: 482

Re: Nationwide Destination Series 2.0 Variable Annuity

Other than a Single Premium Immediate Annuity, I don't see any benefit for buying an annuity at this stage. Here are a couple of Forbes columns I did on variable annuities which might give you reason to walk (or run) away from what could be a costly mistake. https://www.forbes.com/2010/06/04/variabl...
by Mel Lindauer
Sat May 06, 2017 12:09 am
Forum: Investing - Theory, News & General
Topic: Are indexed funds overblown?
Replies: 89
Views: 6543

Re: Are indexed funds overblown?

He's badmouthing the Index 500 which beat the pants off of his fund over the past five years (13.85% for the Index 500 vs 4.17% for his fund).

https://www.finstead.com/symbol/info/WGRNX/
by Mel Lindauer
Fri May 05, 2017 1:27 pm
Forum: Investing - Help with Personal Investments
Topic: Sale of investment advisor (Scout Investments) - should we worry?
Replies: 3
Views: 403

Re: Sale of investment advisor (Scout Investments) - should we worry?

My wife and I have had holdings in the Scout International Fund (UMBWX) http://scoutinv.com/individual_investors/mutual_funds/individual/f_3/sc_i_class/international_fund/overview.fs for about twenty years. It has done well for us, with an XIRR (internal rate of return) of about 8%, and roughly dou...
by Mel Lindauer
Wed May 03, 2017 10:01 am
Forum: Investing - Help with Personal Investments
Topic: I bonds May 2017
Replies: 66
Views: 7727

Re: I bonds May 2017

Pardon my ignorance, but doesn't I-bonds compound on May 1st? The value in my account is still the same amount I put in on oct 20th 2016.. Two things: 1. Are you using the Savings Bond Wizard to calculate the values? If so, you need to set the date to the current month to get the correct redemption...
by Mel Lindauer
Tue May 02, 2017 8:06 pm
Forum: Investing - Help with Personal Investments
Topic: I bonds May 2017
Replies: 66
Views: 7727

Re: I bonds May 2017

Anyone able to download the new rates to their SB Wizard, yet? I keep getting the old rates up to the end of May. Mel, In case you didn't know....The new SB Wizard redemption values can be downloaded now. Semper Fi, Jim Thanks, Jim. I finally was able to get them yesterday. Don't know why they didn...
by Mel Lindauer
Tue May 02, 2017 8:05 pm
Forum: Investing - Help with Personal Investments
Topic: I bonds May 2017
Replies: 66
Views: 7727

Re: I bonds May 2017

#Cruncher wrote: We realize you have so many of these high fixed rate I Bonds, Mel, it's hard to keep track. :wink:


Yep, that's true. Apparently I looked at the composite rate for the wrong batch. I like your number better! :D
by Mel Lindauer
Mon May 01, 2017 9:55 pm
Forum: Investing - Help with Personal Investments
Topic: I bonds May 2017
Replies: 66
Views: 7727

Re: I bonds May 2017

hollowcave2 wrote:Hey Mel, good to see you. How are you enjoying those 3.5% fixed rate I-bonds?


Do you mean my 3.6% I Bonds? How's a risk-free 6.11% current composite yield sound? What's not to enjoy? :dollar
by Mel Lindauer
Mon May 01, 2017 2:18 pm
Forum: Investing - Help with Personal Investments
Topic: I bonds May 2017
Replies: 66
Views: 7727

Re: I bonds May 2017

Anyone able to download the new rates to their SB Wizard, yet? I keep getting the old rates up to the end of May.
by Mel Lindauer
Sun Apr 30, 2017 6:44 pm
Forum: Local Chapters and Bogleheads Community
Topic: Go Inside Jack's Office
Replies: 21
Views: 2463

Re: Go Inside Jack's Office

I remember the first time I visited Jack's office to have lunch with him. There was a big stack of honorary degrees and other awards laying around in piles on the floor. Good to see that he's finally making progress in getting them up on the wall. He stated in the video that he's only four years be...
by Mel Lindauer
Sun Apr 30, 2017 4:14 pm
Forum: Local Chapters and Bogleheads Community
Topic: Go Inside Jack's Office
Replies: 21
Views: 2463

Re: Go Inside Jack's Office

I remember the first time I visited Jack's office to have lunch with him. There was a big stack of honorary degrees and other awards laying around in piles on the floor. Good to see that he's finally making progress in getting them up on the wall. He stated in the video that he's only four years be...
by Mel Lindauer
Sun Apr 30, 2017 1:54 pm
Forum: Local Chapters and Bogleheads Community
Topic: Go Inside Jack's Office
Replies: 21
Views: 2463

Re: Go Inside Jack's Office

I remember the first time I visited Jack's office to have lunch with him. There was a big stack of honorary degrees and other awards laying around in piles on the floor. Good to see that he's finally making progress in getting them up on the wall. He stated in the video that he's only four years beh...
by Mel Lindauer
Wed Apr 26, 2017 1:56 pm
Forum: Forum Issues and Administration
Topic: Why not add a "like" button to Boglehead posts?
Replies: 143
Views: 18517

Re: Why not add a "like" button to Boglehead posts?

The answer is still no. And it will be "NO" tomm. and next year and the year after that for all eternity. It ain't gonna happen. Period. Good. :beer Vic Mel, as usual, you are being too subtle. Can you please be more clear? :happy I just didn't want to be the bad guy, so I was trying to b...
by Mel Lindauer
Mon Apr 17, 2017 6:42 pm
Forum: Investing - Help with Personal Investments
Topic: AXA index-linked deferred variable annuity
Replies: 12
Views: 1037

Re: AXA index-linked deferred variable annuity

Here's a Forbes column I did some time ago on these (IMO) horrible things:

https://www.forbes.com/2010/08/10/truth ... dauer.html
by Mel Lindauer
Mon Apr 17, 2017 11:59 am
Forum: Investing - Theory, News & General
Topic: 2017 BOGLEHEADS CONFERENCE ANNOUNCEMENT
Replies: 134
Views: 13162

Re: 2017 BOGLEHEADS CONFERENCE ANNOUNCEMENT

How about having the conference somewhere else for a change? To help facilitate Jack Bogle being at the conference, it has been around Philadelphia for the past couple years so he doesn't have to concern himself with traveling. I absolutely loved meeting Jack two years ago and make a whole week out...
by Mel Lindauer
Sat Apr 15, 2017 6:59 pm
Forum: Personal Consumer Issues
Topic: Provence and Normandy
Replies: 11
Views: 948

Re: Provence and Normandy

For DW birthday this year we wold like to take a guided trip to Provence and Normandy with a small group. We are thinking 10-14 days but time is not an issue. The trip will be in late September or early October. I have looked at Road Scholars and National Geographic. Any other suggestions or commen...
by Mel Lindauer
Fri Apr 14, 2017 10:09 am
Forum: Investing - Help with Personal Investments
Topic: Timing of I-bonds purchase
Replies: 27
Views: 3371

Re: Timing of I-bonds purchase

When have I-bonds ever had 0% interest rate? (composite). According to the table on Treasury Direct, never, including when the variable rate was negative. I think the table you're looking at only shows the current composite rate, not the historical. On May of 2015 and May of 2009 there were a numbe...
by Mel Lindauer
Thu Apr 13, 2017 7:51 pm
Forum: Investing - Help with Personal Investments
Topic: ibond vs cd
Replies: 36
Views: 3060

Re: ibond vs cd

1) Deferred federal income tax (depending on your income and whether you have educational expenses to pay, possibly entirely negated federally income tax, but that's probably not true of most folks who can buy $10k per year in ibonds). 2) No state tax. Could be valuable for you or not- living in NY...
by Mel Lindauer
Tue Apr 11, 2017 9:49 pm
Forum: Investing - Help with Personal Investments
Topic: Is Vanguard Targeted Retirement Fund too risky?
Replies: 10
Views: 1185

Re: Is Vanguard Targeted Retirement Fund too risky?

As others have correctly stated, you need to determine your desired asset allocation. Once you've done that, ignore the date on any particular TR fund and select the one that most closely matches your desired asset allocation. Then set it an forget it; it automatically rebalances and gets more conse...
by Mel Lindauer
Tue Apr 11, 2017 9:40 pm
Forum: Local Chapters and Bogleheads Community
Topic: Hong Kong Bogleheads?
Replies: 24
Views: 3625

Re: Hong Kong Bogleheads?

Fantastic! 1/ Youssef 2/ bogleheads.hk@gmail.com Hope this will be the start a great Asian Local Chapter! Thank Mel, Youssef Thanks for stepping up and agreeing to be the Coordinator for the new Hong Kong Bogleheads Local Chapter. I'll add your group and contact info to the Local Chapters Map so ot...
by Mel Lindauer
Tue Apr 11, 2017 6:00 am
Forum: Local Chapters and Bogleheads Community
Topic: Hong Kong Bogleheads?
Replies: 24
Views: 3625

Re: Hong Kong Bogleheads?

Hi Mel! I could be. But i am not able to pm you :( I am new joiner to the forum even though i have been reading it for a while. Let me know if you can still make me coordinator. Thanks! '' Thanks for stepping up, youcha. Here's what I'll need from you: 1. Your first name 2. An email address that yo...
by Mel Lindauer
Mon Apr 10, 2017 11:53 am
Forum: Local Chapters and Bogleheads Community
Topic: Hong Kong Bogleheads?
Replies: 24
Views: 3625

Re: Hong Kong Bogleheads?

We've got more than enough interest to start a Bogleheads Local Chapter in Hong Kong. All we need now is for one of you to step up and agree to the the Chapter coordinator. The Coordinator simply communicates with the other members regarding meeting dates, times, locations and agendas; he/she doesn'...
by Mel Lindauer
Sun Apr 09, 2017 8:04 pm
Forum: Local Chapters and Bogleheads Community
Topic: Boglehead Conference 2017?
Replies: 34
Views: 4692

Re: Boglehead Conference 2017?

I'm a little confused about this issue. There was a statement that an announcement would be coming on April 5th about the conference. People mark the date. The announcement then is made on April 2nd.?? Then apparently there was a large response to a presale to those who attended in previous years. ...
by Mel Lindauer
Sat Apr 08, 2017 4:19 pm
Forum: Investing - Theory, News & General
Topic: 2017 BOGLEHEADS CONFERENCE ANNOUNCEMENT
Replies: 134
Views: 13162

Re: 2017 BOGLEHEADS CONFERENCE ANNOUNCEMENT

As someone who has previously attended and appreciates the advanced email, can I offer another suggestion that I think addresses the issues that occurred this year. For those that have previously attended and might want to come as a group, i.e. some pesky Canadians, this allows some co-ordination o...
by Mel Lindauer
Thu Apr 06, 2017 8:02 pm
Forum: Personal Finance (Not Investing)
Topic: Fixed Indexed Annuity
Replies: 12
Views: 734

Re: Fixed Indexed Annuity

Here's a Forbes column I did on these things before they changed the name in an attempt to rebrand a stinker.


The Truth About Equity-Indexed Annuities
https://www.forbes.com/2010/08/10/truth ... dauer.html
by Mel Lindauer
Thu Apr 06, 2017 3:31 pm
Forum: Investing - Theory, News & General
Topic: 2017 BOGLEHEADS CONFERENCE ANNOUNCEMENT
Replies: 134
Views: 13162

Re: 2017 BOGLEHEADS CONFERENCE ANNOUNCEMENT

So it seems there is a lot of disappoint about this year's sign-up process because it was announced prior to April 5th (apparently it was previously said that sign-up would begin April 5th, but it actually happened earlier thereby catching many people by surprise.) I see hard feelings being express...
by Mel Lindauer
Wed Apr 05, 2017 8:37 pm
Forum: Investing - Theory, News & General
Topic: Jack Bogle's 6 best money and career tips for young people
Replies: 9
Views: 1704

Re: Jack Bogle's 6 best money and career tips for young people

This duplicate thread is locked. Please post any comments on the other thread.
by Mel Lindauer
Tue Apr 04, 2017 7:07 pm
Forum: Investing - Theory, News & General
Topic: 2017 BOGLEHEADS CONFERENCE ANNOUNCEMENT
Replies: 134
Views: 13162

Re: 2017 BOGLEHEADS CONFERENCE ANNOUNCEMENT

Well there went my plan. I made sure to try and be on the forums every day recently since I missed the window last year (it opened earlier than originally thought). I got the email on Sunday announcing it and was going to the post office today to mail my check. Guess I'll miss this year :( If you s...
by Mel Lindauer
Tue Apr 04, 2017 12:53 pm
Forum: Investing - Theory, News & General
Topic: 2017 BOGLEHEADS CONFERENCE ANNOUNCEMENT
Replies: 134
Views: 13162

Re: 2017 BOGLEHEADS CONFERENCE ANNOUNCEMENT

I'm pleased to announce that we've added Jonathan Clements to the Experts Panel. Jonathan will also be signing books during the book-signing session. This is excellent. It would be good to keep inviting additional notables to present at the Conference. (Perhaps you already are, I'm not privy...) We...
by Mel Lindauer
Tue Apr 04, 2017 6:06 am
Forum: Investing - Theory, News & General
Topic: 2017 BOGLEHEADS CONFERENCE ANNOUNCEMENT
Replies: 134
Views: 13162

Re: 2017 BOGLEHEADS CONFERENCE ANNOUNCEMENT

LadyGeek wrote:I registered yesterday, but no mail pickup until today. Keeping my fingers crossed...


You'll be fine, LG.
by Mel Lindauer
Mon Apr 03, 2017 10:54 pm
Forum: Investing - Theory, News & General
Topic: 2017 BOGLEHEADS CONFERENCE ANNOUNCEMENT
Replies: 134
Views: 13162

Re: 2017 BOGLEHEADS CONFERENCE ANNOUNCEMENT

My check is in the mail in yellow envelope with Vanguard (clipper ship) postage stamp for speedy delivery! Maybe the leaders could change to a lottery enrollment system for the 2018 conference? I suggest one pool for those who have attended before, and another pool for "newbies" to encour...
by Mel Lindauer
Mon Apr 03, 2017 9:44 pm
Forum: Investing - Theory, News & General
Topic: 2017 BOGLEHEADS CONFERENCE ANNOUNCEMENT
Replies: 134
Views: 13162

Re: 2017 BOGLEHEADS CONFERENCE ANNOUNCEMENT

GoldenFinch wrote:Wow! Less than 27 hours to sell out! Must be a record. Shows you have to be in before the lock!


Yes, IIRC, last year was a bit longer. Folks have learned that they need to respond quickly if they want to attend or risk getting shut out.
by Mel Lindauer
Mon Apr 03, 2017 9:02 pm
Forum: Investing - Theory, News & General
Topic: 2017 BOGLEHEADS CONFERENCE ANNOUNCEMENT
Replies: 134
Views: 13162

Re: 2017 BOGLEHEADS CONFERENCE ANNOUNCEMENT

Sorry folks, but we're sold out. You can feel free to add your name on a wait list at the end of this thread in case someone who registered doesn't pay promptly. Just indicate that you'd like to attend if a spot opens up.
by Mel Lindauer
Mon Apr 03, 2017 8:28 pm
Forum: Investing - Theory, News & General
Topic: 2017 BOGLEHEADS CONFERENCE ANNOUNCEMENT
Replies: 134
Views: 13162

Re: 2017 BOGLEHEADS CONFERENCE ANNOUNCEMENT

Fair Warning: We're down to three spots.
by Mel Lindauer
Mon Apr 03, 2017 8:14 pm
Forum: Investing - Theory, News & General
Topic: 2017 BOGLEHEADS CONFERENCE ANNOUNCEMENT
Replies: 134
Views: 13162

Re: 2017 BOGLEHEADS CONFERENCE ANNOUNCEMENT

LAST CALL: WE ONLY HAVE SIX SPOTS LEFT AND WE'LL CLOSE REGISTRATION DOWN. ACT NOW OR GET SHUT OUT.

Go to advanced search