Search found 6115 matches

by bertilak
Sat Dec 15, 2018 8:22 pm
Forum: Investing - Theory, News & General
Topic: "Vectors"
Replies: 6
Views: 615

Re: "Vectors"

Taylor, thanks for bringing this newsletter to our attention. I have saved the link and will certainly revisit the site on a regular basis.
by bertilak
Fri Dec 14, 2018 8:04 pm
Forum: Personal Consumer Issues
Topic: Volkswagen Reliability
Replies: 100
Views: 4594

Re: Volkswagen Reliability

We sold for financial, rather than moral, reasons. Because of our relatively low mileage habits, we got the list price for a 0 mile vehicle as of 2015 (way higher than true market value). We also got the fraud settlement, but would have got that either way. Seems like everyone won, except maybe VW....
by bertilak
Mon Dec 10, 2018 3:23 pm
Forum: Personal Consumer Issues
Topic: [What TV Show Have You Recently Watched?]
Replies: 975
Views: 105370

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

Currently bingin Person of Interest... 5 or 6 episodes from wrapping up Season 2 I never could separate Harold Finch (Person of Interest) from Ben Linus (Lost). I always think "So THIS Is what happened to Ben. He got a new gig after the island." It seemed the perfect job for him, right down to bein...
by bertilak
Sun Dec 09, 2018 4:37 pm
Forum: Forum Issues and Administration
Topic: problem (only happening here) using right click and paste. Have to use ctrl-V
Replies: 3
Views: 266

Re: problem (only happening here) using right click and paste. Have to use ctrl-V

I too have run into situations where I had to use Ctrl-V as mouse clicks didn't do the job. Never tracked it down.
by bertilak
Sun Dec 09, 2018 4:18 pm
Forum: Investing - Help with Personal Investments
Topic: What am I not getting about the value of TIPS funds?
Replies: 23
Views: 2204

Re: What am I not getting about the value of TIPS funds?

In 1998, the average price of a new car was $17,000. If the website were correct, the average price of a new car today would now be over $80,000. Nisi, could it be argued that the average new car today is actually worth more (not just priced higher) than the average car of 1998? For example, is tod...
by bertilak
Thu Dec 06, 2018 7:13 pm
Forum: Investing - Theory, News & General
Topic: Why are market corrections "healthy"?
Replies: 27
Views: 2017

Re: Why are market corrections "healthy"?

"Corrections" are good for those who still have, or will have, substantially more money to invest. This assumes that "correction" means a follow-on recovery in some reasonable amount of time. This is usually a reasonable assumption. For retirees who are under-represented in income producing investme...
by bertilak
Thu Dec 06, 2018 12:30 pm
Forum: Personal Consumer Issues
Topic: [What TV Show Have You Recently Watched?]
Replies: 975
Views: 105370

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

I just started re-watching Midsomer Murders. This is a wonderful show. The mysteries are clever and inventive. There is always some interesting or unusual context. Examples: horse racing, hunting, sewing circles, literary club, historical re-enactments, competitive rabbit breeders, flower growers, c...
by bertilak
Tue Dec 04, 2018 5:54 pm
Forum: Personal Finance (Not Investing)
Topic: Why Is Insurance Worth It (Analytically)?
Replies: 89
Views: 4229

Re: Why Is Insurance Worth It (Analytically)?

adamthesmythe wrote:
Tue Dec 04, 2018 5:11 pm
I have insurance because there are not enough of me to guarantee I will have average costs.
I like that explanation!
by bertilak
Mon Dec 03, 2018 4:06 pm
Forum: Investing - Help with Personal Investments
Topic: Dollar Cost Averaging or Lump Sum in Current Market
Replies: 30
Views: 2390

Re: Dollar Cost Averaging or Lump Sum in Current Market

stocknoob4111 wrote:
Mon Dec 03, 2018 2:50 pm
... expose as much capital to the markets as you have available for the maximum amount of time ...
Another good way of putting it.
by bertilak
Mon Dec 03, 2018 1:33 pm
Forum: Investing - Help with Personal Investments
Topic: Dollar Cost Averaging or Lump Sum in Current Market
Replies: 30
Views: 2390

Re: Dollar Cost Averaging or Lump Sum in Current Market

DCA is forced upon everyone as we don't get paid annually by our employer on January 1st but slowly throughout the year. You have no choice in your 401(k) to do so. That's not DCA. It's a series of lump sum investments as it's not part larger sum held back in cash. I'm flexible in that distinction,...
by bertilak
Mon Dec 03, 2018 12:53 pm
Forum: Investing - Help with Personal Investments
Topic: Dollar Cost Averaging or Lump Sum in Current Market
Replies: 30
Views: 2390

Re: Dollar Cost Averaging or Lump Sum in Current Market

DCA is forced upon everyone as we don't get paid annually by our employer on January 1st but slowly throughout the year. You have no choice in your 401(k) to do so. In a like manner, If we could invest our life-time savings at the beginning of our earning years (say at age 20) that would be a lump ...
by bertilak
Tue Nov 27, 2018 8:34 am
Forum: Investing - Help with Personal Investments
Topic: Tax loss harvesting strategy
Replies: 4
Views: 571

Re: Tax loss harvesting strategy

I have tried for years and failed to convince a family member to do the same. ... Even though in both cases his return over 15 years is a lot worse (even relative to US bonds), I was not able to convince him and I gave up. People know they are doing the right thing so it's not their fault if it doe...
by bertilak
Sun Nov 25, 2018 12:50 pm
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 3891
Views: 1089326

Re: What Movie Have You Recently Watched?

This week's movies: A Simple Favor - A very entertaining and scary movie, almost reminds me of Fatal Attraction I saw that (so I thought!) and wondered how it related to Fatal Attraction so I looked it up on IMDB. Turns out I was confusing it with A Simple Plan . This, too, is a good movie with Bil...
by bertilak
Fri Nov 23, 2018 2:08 pm
Forum: Investing - Help with Personal Investments
Topic: Need Help with tax loss harvesting..too complicated??
Replies: 30
Views: 1817

Re: Need Help with tax loss harvesting..too complicated??

b0B wrote:
Fri Nov 23, 2018 1:59 pm
But if there are no realized cap gains on 2019, then why not realize losses then?
Because nothing done in 2019 helps with 2018 taxes, and that's what I care about right now.
by bertilak
Fri Nov 23, 2018 1:56 pm
Forum: Investing - Help with Personal Investments
Topic: Need Help with tax loss harvesting..too complicated??
Replies: 30
Views: 1817

Re: Need Help with tax loss harvesting..too complicated??

grabiner wrote:
Fri Nov 23, 2018 1:37 pm
bertilak wrote:
Fri Nov 23, 2018 1:26 pm
If it makes a difference, short-term losses are slightly better than long-term losses. It won't make a difference this year, but if you carry over short-term losses to 2019, and have both short-term and long-term gains in 2019, short-term losses will offset short-term gains first.
Thanks!
by bertilak
Fri Nov 23, 2018 1:26 pm
Forum: Investing - Help with Personal Investments
Topic: Need Help with tax loss harvesting..too complicated??
Replies: 30
Views: 1817

Re: Need Help with tax loss harvesting..too complicated??

This is not relevant to the OP, who has short-term gains and thus gets the full tax benefit. However, I am explaining the issues for the benefit of other potential harvesters. As one of the others, I have a question along those lines: I have long term realized gains for 2018. I have enough short te...
by bertilak
Fri Nov 23, 2018 12:40 pm
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 3891
Views: 1089326

Re: What Movie Have You Recently Watched?

brokendirtdart wrote:
Fri Nov 23, 2018 11:51 am
Just noticed Jeremiah Johnson was on Prime and watched it. One of my favorites in the slower western genre.
"Skin that one pilgrim, and I'll get you another."
by bertilak
Fri Nov 23, 2018 10:44 am
Forum: Investing - Help with Personal Investments
Topic: Need Help with tax loss harvesting..too complicated??
Replies: 30
Views: 1817

Re: Need Help with tax loss harvesting..too complicated??

Why not TLH? I thought it is a commonly accepted technique. Definitely not. Automatically TLHing regardless of circumstances is a blunder. OP has realized capital gains, so it would generally (barring specific other circumstances) be a blunder to then intentionally TLH. I must be missing something....
by bertilak
Thu Nov 22, 2018 12:43 pm
Forum: Personal Consumer Issues
Topic: Tiny Baby Spiders on my Toaster
Replies: 40
Views: 3049

Re: Tiny Baby Spiders on my Toaster

Your DW is more laid back than mine. We be likely getting a new toaster after that! Mine too. She calls the exterminator at the first sign of creepy-crawlies. One Sunday at about 2am I was awakened from a deep sleep by a scorpion sting. Wife checks the bed to see if scorpion is still there. Exactly...
by bertilak
Thu Nov 22, 2018 12:26 pm
Forum: Investing - Theory, News & General
Topic: Taxable Account in Retirement: What Is Reason to Direct Dividends to MM for Spending/Not Reinvest?
Replies: 21
Views: 2244

Re: Taxable Account in Retirement: What Is Reason to Direct Dividends to MM for Spending/Not Reinvest?

RMDs need not affect your AA. Anything you sell in an IRA can be immediately re-bought in your taxable account, leaving your AA unchanged. Kinda of true for the after tax portion of the RMDs -- so say 70% reinvested - still depletes fixed income on a net basis. Adds up over time. Of course that ass...
by bertilak
Thu Nov 22, 2018 11:02 am
Forum: Investing - Theory, News & General
Topic: What's in your Investor Policy Statement about Bear Markets?
Replies: 52
Views: 3511

Re: What's in your Investor Policy Statement about Bear Markets?

Your investor policy statement should describe what you do under different market conditions. This has been said by others above, but to add emphasis ... One of the major goals of my IPS is that it should describe a hands-off plan. Set and forget. Stay the course. Otherwise, one is chasing the mark...
by bertilak
Thu Nov 22, 2018 10:33 am
Forum: Personal Finance (Not Investing)
Topic: CareFirst Medigap Crossover
Replies: 3
Views: 250

Re: CareFirst Medigap Crossover

With crossover, you normally don't have to do anything since Medicare and medigap talk to each other. As long as you don't owe anything (except perhaps for a Medicare deductible, you don't have to do anything. It's a nice feature to have. Didn't realize some medigap companies don't have that. That ...
by bertilak
Thu Nov 22, 2018 10:21 am
Forum: Investing - Theory, News & General
Topic: Taxable Account in Retirement: What Is Reason to Direct Dividends to MM for Spending/Not Reinvest?
Replies: 21
Views: 2244

Re: Taxable Account in Retirement: What Is Reason to Direct Dividends to MM for Spending/Not Reinvest?

As I deplete my TIRA due to RMDs that has and will likely increase my equity allocation as equities, over time, should appreciate more than fixed income. I don't need or want a higher equity allocation. RMDs need not affect your AA. Anything you sell in an IRA can be immediately re-bought in your t...
by bertilak
Thu Nov 22, 2018 8:13 am
Forum: Investing - Theory, News & General
Topic: Do you need to invest mostly in stocks to get rich?
Replies: 178
Views: 17020

Re: Do you need to invest mostly in stocks to get rich?

runner3081 wrote:
Wed Nov 21, 2018 8:48 pm
No interest in being rich. Just trying to create freedom in how we spend our time. And yes, for that purpose, we invest mostly in equities through low cost Index funds.
"Freedom in how we spend our time" is one way I would I would define "rich."
by bertilak
Thu Nov 22, 2018 7:58 am
Forum: Investing - Theory, News & General
Topic: Taxable Account in Retirement: What Is Reason to Direct Dividends to MM for Spending/Not Reinvest?
Replies: 21
Views: 2244

Re: Taxable Account in Retirement: What Is Reason to Direct Dividends to MM for Spending/Not Reinvest?

In summary, here are my reasons for not automatically reinvesting dividends (all mentioned above, I think): I like having some cash on hand in case I need to spend it on something when SS+pension doesn't quite cover it. Perhaps call it an emergency/convenience fund. Manually targeted reinvesting hel...
by bertilak
Wed Nov 21, 2018 5:56 pm
Forum: Investing - Theory, News & General
Topic: What financial advice have you been most grateful for?
Replies: 50
Views: 4226

Re: What financial advice have you been most grateful for?

acunn wrote:
Wed Nov 21, 2018 5:09 pm
Begin investing for retirement with your very first paycheck. Every single paycheck thereafter.
I WOULD HAVE been grateful for that if I heeded it many years ago!
by bertilak
Wed Nov 21, 2018 5:52 pm
Forum: Investing - Help with Personal Investments
Topic: Anyone tired of the stock market going up?
Replies: 338
Views: 38013

Re: Anyone tired of the stock market going up?

"Anyone tired of the stock market going up?

I'm over that now.
by bertilak
Wed Nov 21, 2018 5:45 pm
Forum: Investing - Help with Personal Investments
Topic: Need Help with tax loss harvesting..too complicated??
Replies: 30
Views: 1817

Re: Need Help with tax loss harvesting..too complicated??

Yes, it can be complicated if ... You (including your spouse) have multiple accounts with the same holdings. Are reinvesting dividends. Are making regular contributions. Some ideas for dealing with all that: Make regular contributions go to a settlement fund (or some other money market fund) and onl...
by bertilak
Tue Nov 20, 2018 7:02 pm
Forum: Personal Consumer Issues
Topic: Which cars can be unlocked and started from a smart phone?
Replies: 28
Views: 1817

!!

My 2017 Passat can do both of those. I found the remote unlock QUITE handy when, returning to airport parking I threw my suitcase (containing the key fob) into the trunk and shut the trunk lid, which immediately locked. The car lets me open doors and the trunk if the key fob is nearby (within a few ...
by bertilak
Tue Nov 20, 2018 9:00 am
Forum: Investing - Help with Personal Investments
Topic: Let's Talk About Annuities
Replies: 11
Views: 1361

Re: Let's Talk About Annuities

May I ask a silly question? If I have no heirs, is an annuity (the normal kind, SPIA) a better investment than bonds? (not really comparing to MM or treasuries 'cause I know they're lower). In other words, if I don't care what happens after I die, annuity beats bonds, right? If I understand correct...
by bertilak
Tue Nov 20, 2018 8:48 am
Forum: Investing - Help with Personal Investments
Topic: Global Wellesley Income fund VGYAX
Replies: 2
Views: 454

Re: Global Wellesley Income fund VGYAX

About two months ago this fund had 511 million in it. The other day it read 461 million. It is down around 3% give or take for the year. Why are folks running from this new Wellington Management fund? I invested in it the January. Plan is to leave it in IRA for many years. I suspect the 3% loss has...
by bertilak
Mon Nov 19, 2018 3:03 pm
Forum: Personal Consumer Issues
Topic: How to share sensitive text & image between computer and phone?
Replies: 21
Views: 1530

Re: How to share sensitive text & image between computer and phone?

Google Drive and Dropbox are good answers. Personally, I use Microsoft OneDrive. It is similar to the above but being so integrated it simplifies lots of things. There is no need to consciously think about what data is available where. Everything I have is always available from my laptop, my phone, ...
by bertilak
Mon Nov 19, 2018 6:45 am
Forum: Investing - Help with Personal Investments
Topic: Current Retirees: Do you touch your principal?
Replies: 79
Views: 8242

Re: Current Retirees: Do you touch your principal?

Curious to hear from current retirees as to whether they live off of interest and dividends (plus social security, rental income, pensions) or also withdraw from the principal/capital of their portfolio to meet your spending needs. I have touched my principle and may do so again. I had one very hea...
by bertilak
Sun Nov 18, 2018 4:35 pm
Forum: Personal Finance (Not Investing)
Topic: Replacement for Google Finance price quote function
Replies: 120
Views: 21509

Re: Replacement for Google Finance price quote function

My solution. This works for me because everything I care about is in vanguard: https://personal.vanguard.com/us/OfxWelcome That allows you to download the current number of shares and price for everything. It can be saved as CSV or opened in Excel (or whatever your browser is configured to use to op...
by bertilak
Sat Nov 17, 2018 7:05 am
Forum: Investing - Help with Personal Investments
Topic: Taking the plunge to 3 fund portfolio - Logistical Questions
Replies: 8
Views: 1079

Re: Taking the plunge to 3 fund portfolio - Logistical Questions

Appreciate all the replies... Last clarification..on question #3, while transferring into the new funds, I will be lowering our asset allocation from 72/28 to 65/35. Am I locking in losses or should I wait for the market to rebound a bit before transferring funds? Thanks again everyone. COW Don't t...
by bertilak
Sat Nov 17, 2018 6:55 am
Forum: Investing - Help with Personal Investments
Topic: Taking the plunge to 3 fund portfolio - Logistical Questions
Replies: 8
Views: 1079

Re: Taking the plunge to 3 fund portfolio - Logistical Questions

To clarify the second question, I am not asking about tax risk. I am not sure if there's a risk since it seems like the high and low swings of the new fund will be more extreme with the same cost basis for all shares vs. dollar cost averaging over time... If by "second question" you mean "B," the q...
by bertilak
Fri Nov 16, 2018 12:26 pm
Forum: Investing - Help with Personal Investments
Topic: Trying to Decide Future Investments
Replies: 15
Views: 1261

Re: TRYING TO DECIDE FUTUTRE INVESTMENTS

It has been explained to me that I could get a 7 yr contract with a guaranteed 5% growth ... I know very little about most annuities because there are so many kinds. One thing I remember is that "guaranteed growth" may not mean what you think it means. Please look at https://obliviousinvestor.com/v...
by bertilak
Thu Nov 15, 2018 4:51 pm
Forum: Investing - Theory, News & General
Topic: What if mean reversion of stock prices is a myth?
Replies: 18
Views: 1941

Re: What if mean reversion of stock prices is a myth?

My comments in blue ... A lot of what we believe about stock investing assumes that stock prices revert to some sort of long term trend, or mean, over time. If that is true, then the following implications are true: 1) stocks become less risky the longer you hold them. That's because the long term r...
by bertilak
Wed Nov 14, 2018 6:06 pm
Forum: Personal Finance (Not Investing)
Topic: why so few 50/50 balanced funds?
Replies: 21
Views: 2792

Re: why so few 50/50 balanced funds?

The difference between 60/40 and 50/50 doesn't amount to a hill of beans Not in this crazy world. It may be a huge psychological difference, but having 10% more in stocks in your portfolio will not make a difference in returns if you are a long term investor. Now if you said you want to hold 90/10 ...
by bertilak
Wed Nov 14, 2018 11:11 am
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 3891
Views: 1089326

Re: What Movie Have You Recently Watched?

The Good, the Bad, and the Ugly . Another spaghetti western starring Clint Eastwood. Co-stars Lee Van Cleef, and Eli Wallach. One of my favorite movies, if a touch too long. I think Eli Wallach deserves the credit for pushing this movie past "great" into "extraordinary" territory. OK, so do Sergio ...
by bertilak
Tue Nov 13, 2018 7:44 am
Forum: Personal Finance (Not Investing)
Topic: why so few 50/50 balanced funds?
Replies: 21
Views: 2792

Re: why so few 50/50 balanced funds?

stemikger wrote:
Tue Nov 13, 2018 12:15 am
The difference between 60/40 and 50/50 doesn't amount to a hill of beans
Not in this crazy world.
by bertilak
Mon Nov 12, 2018 5:26 pm
Forum: Investing - Help with Personal Investments
Topic: Good time to TLH and which Vanguard funds to avoid wash sale?
Replies: 11
Views: 625

Re: Good time to TLH and which Vanguard funds to avoid wash sale?

retiredjg wrote:
Mon Nov 12, 2018 5:21 pm
bertilak wrote:
Mon Nov 12, 2018 5:01 pm
When I saw the OP I crossed the intl stock and the intl bond wires!
Oh dear. You must be over 55 years old. :D
I'm trying to remember that far back!. I think I voted for Lincoln.
by bertilak
Mon Nov 12, 2018 5:01 pm
Forum: Investing - Help with Personal Investments
Topic: Good time to TLH and which Vanguard funds to avoid wash sale?
Replies: 11
Views: 625

Re: Good time to TLH and which Vanguard funds to avoid wash sale?

Total Intl doesn't have a good TLH partner at Vanguard. Really? I would think the FTSE All World except US would work fine. You are right! Oddly enough, I was just asking myself what Intl Bond fund would be a good swap for VBILX (Intl Bond) and couldn't find one. When I saw the OP I crossed the int...
by bertilak
Mon Nov 12, 2018 4:51 pm
Forum: Investing - Help with Personal Investments
Topic: Good time to TLH and which Vanguard funds to avoid wash sale?
Replies: 11
Views: 625

Re: Good time to TLH and which Vanguard funds to avoid wash sale?

I've lost 1k of my 10.5k after tax investment at Vanguard. Currently, 5k in Vanguard Total US stocks and 5k in Vanguard Total Int. Stocks. Is now a good time to TLH? What Vanguard funds would I re-purchase to avoid a wash sale? This is my first time at after tax investing. I've read the wiki but wa...
by bertilak
Fri Nov 09, 2018 11:18 am
Forum: Investing - Help with Personal Investments
Topic: Transferring $ from Vanguard Settlement Fund to Checking Account
Replies: 6
Views: 446

Re: Transferring $ from Vanguard Settlement Fund to Checking Account

If you submit a transfer request to move money out from your settlement fund, it should reach your bank the next business day. However, in this case, you can probably receive the funds only on Tuesday because Monday is a federal/bank holiday in observance of Veterans Day. And even on the day the mo...
by bertilak
Fri Nov 09, 2018 11:09 am
Forum: Investing - Help with Personal Investments
Topic: Transferring $ from Vanguard Settlement Fund to Checking Account
Replies: 6
Views: 446

Re: Transferring $ from Vanguard Settlement Fund to Checking Account

Building on onourway's response: electronic bank transfer (ACH) will normally result in the funds being available for use in your checking account in 2-3 business days. Wire transfers are processed within hours, but your bank will usually charge a fee ($20-40) to receive one. The only time I wired ...
by bertilak
Fri Nov 09, 2018 10:48 am
Forum: Investing - Theory, News & General
Topic: Take taxes into account when rebalancing?
Replies: 44
Views: 2316

Re: Take taxes into account when rebalancing?

Two kinds of rebalancing: ACTIVE: Sell over-balanced assets and use the proceeds to buy under-balanced assets. PASSIVE: When you buy or sell for any reason do so in a way that tends to maintain the target AA. One's target AA is pretty arbitrary, being an estimate (guess) at what is the right balance...
by bertilak
Fri Nov 09, 2018 7:31 am
Forum: Investing - Help with Personal Investments
Topic: AA question
Replies: 8
Views: 791

Re: AA question

rkhusky wrote:
Fri Nov 09, 2018 7:21 am
... you might want 20/80 or 30/70. If (b) 60/40 or 70/30 might work.
To avoid the hard questions and temptations to change with the wind I averaged them all out and came up with 50/50. So far that is working for me.
by bertilak
Wed Nov 07, 2018 11:54 pm
Forum: Investing - Theory, News & General
Topic: Missing October Statement [Vanguard]
Replies: 12
Views: 1619

Re: Missing October Statement [Vanguard]

At least for me, dividend payments that are directed to the settlement fund instead of reinvested are credited on the first business day of the following month. Therefore, there would be no activity in October for the October dividend. Instead it would appear in November. I think you've got it. My ...
by bertilak
Wed Nov 07, 2018 12:21 pm
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 3891
Views: 1089326

Re: What Movie Have You Recently Watched?

Stumbled across and watched In Bruges on Netflix. I liked it and am not alone in that: From IMDB: Nominated for 1 Oscar. Another 24 wins & 53 nominations. For adults. Strong language. Lots of violence. Two hit men are taking time out in Bruges, Belgium. For a "time out," a lot happens! Whipsaws from...