Search found 5867 matches

by bertilak
Fri Jun 15, 2018 9:10 am
Forum: Personal Consumer Issues
Topic: Long Weekend in November - NOLA, Austin, Other
Replies: 26
Views: 1215

Re: Long Weekend in November - NOLA, Austin, Other

My impression of NOLA was not positive when I visited for a business conference and stayed in the French Quarter. It's noisy, seemed focused on bars where patrons seem to begin drinking early in the day, and did not feel like a safe environment. I would not return for vacation. Completely agree. Wa...
by bertilak
Fri Jun 15, 2018 8:51 am
Forum: Investing - Theory, News & General
Topic: Factor-based strategy is better (winer), OK. then who are the losers?
Replies: 55
Views: 2459

Re: Factor-based strategy is better (winer), OK. then who are the losers?

Regarding some of the above posts, there is an important point there that whatever the statistical systematics of the market, the investor gets only one of a wide range of possible outcomes. That actual outcome is determined more by noise than by any overwhelming trend in the system. And that is wh...
by bertilak
Thu Jun 14, 2018 5:47 pm
Forum: Investing - Theory, News & General
Topic: Factor-based strategy is better (winer), OK. then who are the losers?
Replies: 55
Views: 2459

Re: Factor-based strategy is better (winer), OK. then who are the losers?

Personally, I will stick to those total market funds like VTI, simply because while they are not perfect, but they are good enough for me. My way of looking at it is about the same: Although not perfect they aren't far off. Another way of looking at it: A total-market index fund contains within it,...
by bertilak
Wed Jun 13, 2018 8:36 am
Forum: Investing - Theory, News & General
Topic: 1 Year Rule - Not allowed to execute new investment strategy until 1 year has passed
Replies: 27
Views: 2412

Re: 1 Year Rule - Not allowed to execute new investment strategy until 1 year has passed

So in our experience, the urge to tinker doesn't last forever! In my experience, the urge to tinker comes and goes but it is not always the same tinkering! I have disciplined my self to sit it out. "Don't do something; just sit there." When the urge gets stronger I tell myself that my middle-of-the...
by bertilak
Mon Jun 11, 2018 9:03 am
Forum: Investing - Help with Personal Investments
Topic: What to do with individuals stocks?
Replies: 15
Views: 915

Re: What to do with individuals stocks?

I could, of course, just sell up and throw the money into index funds. However, that would be breaking with the strategy according to which the stocks were originally purchased, and according to that strategy it is not the right time to sell. Why hold on so dearly to a strategy you no longer believ...
by bertilak
Sun Jun 10, 2018 3:12 pm
Forum: Investing - Help with Personal Investments
Topic: Capital Loss in IRA
Replies: 5
Views: 507

Re: Capital Loss in IRA

Thanks for the replies. Here is what I think I have learned. Assuming a tIRA with no non-deductible contributions: There is NO cost basis within the IRA recognized by the IRS even though Vanguard shows cap losses on the web page. There are NO tax considerations just because the withdrawal was done "...
by bertilak
Sun Jun 10, 2018 8:52 am
Forum: Investing - Help with Personal Investments
Topic: Capital Loss in IRA
Replies: 5
Views: 507

Capital Loss in IRA

Is there any way to take advantage of an unrealized capital loss in a traditional IRA? Tax loss harvesting, for example. if I do a transfer in kind does the cost basis (and date) transfer?
by bertilak
Thu Jun 07, 2018 12:05 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: What If Your Plan Fails?
Replies: 49
Views: 4664

Re: Larry Swedroe: What If Your Plan Fails?

So what exactly is the actionable part? Plan for 50% market crash just after you have started your retirement and you have no chance of getting your old job (or anything similar) back? Change the 4% to 2%? How about 90% market crash? I mean if I were to look at last 115 years of data and 25 countri...
by bertilak
Thu Jun 07, 2018 11:41 am
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: What If Your Plan Fails?
Replies: 49
Views: 4664

Re: Larry Swedroe: What If Your Plan Fails?

And exactly how different is this than say market timing? The Market times Itself. If it does so in a way that turns your plans to dust, that's bad, and especially bad if you have already become reliant on those plans. If it does so while you still have a chance to make new plans it is not quite as...
by bertilak
Thu Jun 07, 2018 10:59 am
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: What If Your Plan Fails?
Replies: 49
Views: 4664

Re: Larry Swedroe: What If Your Plan Fails?

I have never really understood this part. Is Larry saying it is easier to retire *after* the market has crashed and taken 50% hit? Or is he saying that if that is the case, then they would NOT have retired in the first place? Please explain to me how high stock market is a "bad" thing when it comes...
by bertilak
Thu Jun 07, 2018 10:42 am
Forum: Investing - Help with Personal Investments
Topic: Fixed Income investments too conservative?
Replies: 59
Views: 3698

Re: Fixed Income investments too conservative?

capjak wrote:
Thu Jun 07, 2018 10:36 am
Dottie57 wrote:
Thu Jun 07, 2018 10:26 am
galeno wrote:
Thu Jun 07, 2018 10:12 am
What a complicated mess of a portfolio!

Try this 3 fund 30/70 porfolio:

30% TWSM + 40% TBM + 20% TIPS + 5% CASH

Simpler. Better. Cheaper.
+1
95% where is the other 5%? 30/45/20/5?
Down-payment on the advisor's yacht?
by bertilak
Thu Jun 07, 2018 10:41 am
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: What If Your Plan Fails?
Replies: 49
Views: 4664

Re: Larry Swedroe: What If Your Plan Fails?

I have never really understood this part. Is Larry saying it is easier to retire *after* the market has crashed and taken 50% hit? Or is he saying that if that is the case, then they would NOT have retired in the first place? Please explain to me how high stock market is a "bad" thing when it comes...
by bertilak
Thu Jun 07, 2018 10:25 am
Forum: Investing - Help with Personal Investments
Topic: Fixed Income investments too conservative?
Replies: 59
Views: 3698

Re: Fixed Income investments too conservative?

The advice from your advisor (actually investment product salesman) is bad -- really bad. It is absurd to pay for bad advice. It is questionable to pay more than a token amount even for good advice since that is now basically a commodity. And, even if you got that advice for free it is best to ignor...
by bertilak
Wed Jun 06, 2018 5:10 pm
Forum: Personal Consumer Issues
Topic: [What TV Show Have You Recently Watched?]
Replies: 694
Views: 74669

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

It boggles the mind. They really made Stan a sorry SOB. He'd have to move up several rungs to be a schlemiel. Nah. I'd give him schlemiel as it stands. I think it was intentional for his character. He was too much of a nice guy. He was taken advantage of by everyone. I liked him but recognized his ...
by bertilak
Wed Jun 06, 2018 8:20 am
Forum: Personal Consumer Issues
Topic: [What TV Show Have You Recently Watched?]
Replies: 694
Views: 74669

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

The ending of "The Americans" was pathetic at best. They made Stan, and by association the FBI a laughingstock. How he could just overlook the recent murder of colleagues and informants, (as well as the penetration of gov't agencies and programs), and just let them escape was beyond absurd and rend...
by bertilak
Sun Jun 03, 2018 5:13 pm
Forum: Investing - Help with Personal Investments
Topic: Annuity with survivor or not
Replies: 13
Views: 1140

Re: Annuity with survivor or not

In almost all cases the "deal" you get from a pension is better than you can do on your own with the lump sum they offer. This also goes for the part of the pension you give up upon death if you don't take the joint survivor option. I went with 50% but only because I didn't understand things fully a...
by bertilak
Fri Jun 01, 2018 7:08 am
Forum: Investing - Theory, News & General
Topic: Investment money is "Fungible"
Replies: 82
Views: 5557

Re: Investment money is "Fungible"

I think the terms "fungible" and "liquid" are related. All money held in a liquid form is fungible but once the money is converted to another form (buy a lottery ticket?) or placed in an inaccessible place (put into a trust?) it s no longer fungible with unconstrained money. A less absolute example ...
by bertilak
Thu May 31, 2018 5:15 pm
Forum: Personal Consumer Issues
Topic: Router hack, have you acted?
Replies: 101
Views: 8727

Re: Router hack, have you acted?

Why would folks leave it on if you are sleeping? At night is when backups and auto-updates occur. My HVAC has a call-home feature if problems are detected and that can happen at night. My security system records activity in the cloud, day or night. That includes video camera clips. I might have for...
by bertilak
Thu May 31, 2018 5:42 am
Forum: Personal Finance (Not Investing)
Topic: HOA Treasurer Software Recommendation?
Replies: 17
Views: 961

Re: HOA Treasurer Software Recommendation?

Buildium is an accounting platform at its core but reasonably priced and includes many features we didn't think we needed until we had them: [snip ...] That is a good list of capabilities that should work well for an HOA. You really need two things for an HOA: An accounting program and a database t...
by bertilak
Wed May 30, 2018 7:50 pm
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 3573
Views: 1018580

Re: What Movie Have You Recently Watched?

Consider posting that in: Netflix, Your Current Favorite Show Wouldn't it be better to have a generalized streaming thread? Netflix isn't the only streaming source. I have only Netflix and Amazon and still, I often don't remember where I saw something. There are others I haven't tried yet (e.g. Hul...
by bertilak
Wed May 30, 2018 5:42 pm
Forum: Personal Finance (Not Investing)
Topic: HOA Treasurer Software Recommendation?
Replies: 17
Views: 961

Re: HOA Treasurer Software Recommendation?

I used Quickbooks, the desktop version. I was in the process of switching to the web version when I handed things over to a new treasurer. Judging by the financial reports and dues invoice I have seen, she stayed (so far) with the desktop version. A conversion will take some work. I did not implemen...
by bertilak
Wed May 30, 2018 11:27 am
Forum: Investing - Help with Personal Investments
Topic: Good time to TLH VBTLX?
Replies: 6
Views: 579

Re: Good time to TLH VBTLX?

So, my question is - should I just stay PUT now and TLH at year end OR TLH now and if I do it now should I just re-purchase VBTLX after 31 days or should I purchase a shorter term bond fund to mitigate interest rate risks? I just recently did a TLH on VBTLX (VG Total Bond). I replaced it with VBILX...
by bertilak
Tue May 29, 2018 10:43 am
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 3573
Views: 1018580

Re: What Movie Have You Recently Watched?

Wasn't there a much older Maigret series, with a heavy-set actor? Perhaps I'm thinking about a different old series? There were several. I did see a few episodes of one earlier series. Might have been the 1990s Michel Gambon version but I would need to check to be sure. And of course, we definitely...
by bertilak
Tue May 29, 2018 9:50 am
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 3573
Views: 1018580

Re: What Movie Have You Recently Watched?

Which other Maigret episode is available on Netflix? My mistake, now corrected above. It is available on Amazon streaming but only if you get the Britbox add-on subscription. That's pretty cheap and has other fun stuff. The other available show is Maigret's Dead man. In total: Maigret Sets a Trap o...
by bertilak
Mon May 28, 2018 4:34 pm
Forum: Investing - Help with Personal Investments
Topic: When and how often do you rebalance
Replies: 52
Views: 3885

Re: When and how often do you rebalance

I don't think I have EVER rebalanced solely for the purpose of rebalancing. Things change often enough (money coming in, going out, RMDs, TLH, gifting) that I simply arrange the transactions to maintain (or approach) my desired AA, which is basically "keep to the middle of the road." Lately I have b...
by bertilak
Mon May 28, 2018 9:33 am
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 3573
Views: 1018580

Re: What Movie Have You Recently Watched?

Maigret Sets a Trap (2016), a TV movie staring Rowan Atkinson So, can Rowan Atkinson (aka Mr. Bean, Johnny English) pull off playing an older, world weary, police detective in a serious noir film? Oddly enough, the answer is a resounding "Yes!" Atkinson was the heart and soul of the show. I was com...
by bertilak
Sat May 26, 2018 7:18 am
Forum: Investing - Theory, News & General
Topic: Couple of questions about passages from Bogle's book "Enough"
Replies: 19
Views: 2615

Re: Couple of questions about passages from Bogle's book "Enough"

If you play the market you are either playing with people like you who don't know anything, so it's a wash, or you are playing with people who have exclusive or narrowly-available and the odds of a winning trade heavily stacked against you. BUT ... The people with "exclusive or narrowly-available [...
by bertilak
Wed May 23, 2018 11:55 am
Forum: Investing - Help with Personal Investments
Topic: Does Vanguard immediately close a zero balance account?
Replies: 7
Views: 965

Re: Does Vanguard immediately close a zero balance account?

It seems clear that they don't. For sure they'll keep them open until after any tax reporting deadlines have passed early the following year. They need the account and transaction information to complete those reports. I have two old, zero-balance, accounts that are still open. One hasn't had any t...
by bertilak
Tue May 22, 2018 7:39 am
Forum: Investing - Theory, News & General
Topic: The Millionaire Next Door and civil servants
Replies: 99
Views: 14095

Re: The Millionaire Next Door and civil servants

Silk McCue wrote:
Sat May 19, 2018 8:42 am
A million bucks just isn't what it used to be.
But, a million here, a million there, and pretty soon you're talking real money.
by bertilak
Sun May 20, 2018 1:59 pm
Forum: Personal Consumer Issues
Topic: Road trip Newark NJ to Albany
Replies: 76
Views: 3699

Re: Road trip Newark NJ to Albany

It's a but touristy, but Howe Caverns are close to Albany. Smaller kids? Catskill Game Farm. I've done those with my parents when I was a kid,and then again with our grandkids. You might consider flying into Albany and taking the round trip by car from there. Depends on fares/rental cost/schedule b...
by bertilak
Sat May 19, 2018 4:08 pm
Forum: Personal Finance (Not Investing)
Topic: Having trouble figuring out expected expenses in retirement
Replies: 37
Views: 2672

Re: Having trouble figuring out expected expenses in retirement

We also live in a clay-soil area. Many properties are grandfathered that wouldn't pass the perc test today. That might even be true for ours. We are within the Chesapeake Bay critical area which makes it even tougher. I keep my fingers crossed that our system holds together long enough for us to ex...
by bertilak
Sat May 19, 2018 3:01 pm
Forum: Personal Finance (Not Investing)
Topic: Having trouble figuring out expected expenses in retirement
Replies: 37
Views: 2672

Re: Having trouble figuring out expected expenses in retirement

Normally I would expect a properly installed and properly used septic system to last much longer than 10 years. As I said, it was under-designed. It was designed as if it were in "sandy loam" but the soil was actually "massive clay" (official designation). It required the complete replacement of a ...
by bertilak
Sat May 19, 2018 12:52 pm
Forum: Personal Finance (Not Investing)
Topic: Having trouble figuring out expected expenses in retirement
Replies: 37
Views: 2672

Re: Having trouble figuring out expected expenses in retirement

Even if the mortgage is paid off, you still need to pay property tax and maintain the house. The housing expense will not be zero. I am retired with mortgage paid off. Fairly recent non-recurring home maintenance expenses: $25K Septic system replacement $13K HVAC replacement $9K Exterior (paint, do...
by bertilak
Sat May 19, 2018 10:50 am
Forum: Investing - Theory, News & General
Topic: Good read on why to keep a simple indexed fund portfolio
Replies: 11
Views: 2297

Re: Good read on why to keep a simple indexed fund portfolio

Thanks for that. I have an Investment Policy Statement, the main purpose of which is to give guidance to heirs. It includes guidance on portfolio make-up strongly recommending a simple set of index funds. My justification for this was not nearly as clear and convincing as that article. I saved it as...
by bertilak
Wed May 16, 2018 6:26 pm
Forum: Forum Issues and Administration
Topic: The front page is ugly
Replies: 140
Views: 11556

Re: The front page is ugly

... All the OP is asking for is for the front page to be consistent with the professionalism of the sub-form pages. ... Then might I suggest the OP load this as his bookmarked link: www.bogleheads.org/forum/search.php?search_id=active_topics +1 That's what I use. I wasn't aware of that page and at ...
by bertilak
Wed May 16, 2018 11:50 am
Forum: Personal Consumer Issues
Topic: Any experience with Blue Apron?
Replies: 34
Views: 2780

Re: Any experience with Blue Apron?

FlyAF wrote:
Tue May 15, 2018 10:13 am
It's worth trying, cancelling is easy.
That would be my summary. We tried it, liked the results, but ended up cancelling. It was too time consuming. One can make one's own healthy meals more easily. Plus, it pins you down. When you get the delivery it pins you down even if you have other plans.
by bertilak
Tue May 15, 2018 6:12 am
Forum: Personal Consumer Issues
Topic: Moving Books
Replies: 7
Views: 677

Re: Moving Books

When I moved, my books were packed in cardboard "book boxes." These were no different from other cardboard moving boxes other than being a convenient size. The boxes were carefully sealed with clear packing tape. The move took almost a year while the house was being built. During this time the boxes...
by bertilak
Mon May 14, 2018 3:25 pm
Forum: Forum Issues and Administration
Topic: The front page is ugly
Replies: 140
Views: 11556

Re: The front page is ugly

I use the forum index page (https://www.bogleheads.org/forum/index.php) as my entry to bogleheads.org. IMHO the problem with the official entry page (https://www.bogleheads.org/) is that the posts are all jumbled together with no organization. Don't tell me that it is organized by time of last post....
by bertilak
Mon May 14, 2018 11:29 am
Forum: Investing - Theory, News & General
Topic: Why is Fidelity more picky than banks about middle names?
Replies: 10
Views: 1741

Re: Why are Vanguard and Fidelity more picky than banks about middle names?

It my not be a matter of pickiness, but of consistency. When moving money between accounts it is often expected that the accounts will be registered with the exact same name. If they do not match, there is a form often called a "One and the Same Certificate." This form is specific to the institution...
by bertilak
Sat May 12, 2018 7:46 pm
Forum: Personal Consumer Issues
Topic: What Book Are You Currently Reading? Part VI
Replies: 3064
Views: 944290

Re: What Book Are You Currently Reading? Part VI

Rebecca (1938) by Daphne du Maurier A character-driven, Gothic-like, mystery-thriller involving a rich man, his new working-class wife, and the circumstances surrounding the recent death of the man’s first wife, Rebecca. The sinister housekeeper Mrs. Danvers keeps everyone on their toes. The large ...
by bertilak
Sat May 12, 2018 7:36 pm
Forum: Personal Consumer Issues
Topic: What Book Are You Currently Reading? Part VI
Replies: 3064
Views: 944290

Re: What Book Are You Currently Reading? Part VI

Don’t Look Now and Other Stories (1952 – 1976) by Daphne du Maurier Stories included: Don’t Look Now The Apple Tree The Pool The Blue Lenses Kiss Me Again, Stranger The Chamois Not After Midnight The Old Man The Birds Daphne du Maurier is very inventive. These stories are all quite different, demon...
by bertilak
Wed May 09, 2018 7:16 pm
Forum: Personal Consumer Issues
Topic: What's the view on dogs running free?
Replies: 110
Views: 5670

Re: What's the view on dogs running free?

We always carry mace and/or rocks when we go running/walking/biking. Had too many encounters with dogs running loose or owners intentionally letting them off their leashes. I used a big stick. Some people moved in along my running route. They had a dog that started out barking at me from the porch ...
by bertilak
Tue May 08, 2018 7:34 pm
Forum: Personal Consumer Issues
Topic: most compelling TV character ever
Replies: 175
Views: 16473

Re: most compelling TV character ever

ralph124cf wrote:
Tue May 08, 2018 7:24 pm
Matt Dillon.

OK, I'm showing my age.

Ralph
Re Matt Dillon: Miss Kitty Russell (Amanda Blake) also had a commanding presence. Perhaps I was impressed by a woman who ran a brothel -- right on TV! Although that was not made explicit, I could tell even at my tender age.
by bertilak
Tue May 08, 2018 1:30 pm
Forum: Personal Finance (Not Investing)
Topic: Medicare enrollment-Part B only
Replies: 10
Views: 688

Re: Medicare enrollment-Part B only

I signed up for Medicare Part A last year when I was 65. I'm still working and covered under employer's plan. But now I want to sign up for Part B. I got a form postcard from Medicare in the mail a few months back asking if I "wanted to register for Medicare" (I have to assume that it referred to P...
by bertilak
Tue May 08, 2018 11:49 am
Forum: Personal Consumer Issues
Topic: most compelling TV character ever
Replies: 175
Views: 16473

Re: most compelling TV character ever

Off the top of my head... Christopher Foyle in Foyle's War (Michael Kitchen) Al Swearengen in Deadwood (Ian McShane, also in Lovejoy) Walter White in Breaking Bad (Bryon Cranston) Tony Soprano in The Sopranos (James Gandolfini) Pairs: Jim Rockford and Angel Martin in The Rockford Files (James Garner...
by bertilak
Tue May 08, 2018 9:50 am
Forum: Investing - Help with Personal Investments
Topic: Stick with E*Trade or move to Vanguard?
Replies: 15
Views: 1488

Re: Stick with E*Trade or move to Vanguard?

I guess it depends. Do you want to trade or invest?
by bertilak
Mon May 07, 2018 4:08 pm
Forum: Investing - Help with Personal Investments
Topic: Am I the Only One That Has Trouble Reading the Vanguard Online Entries
Replies: 6
Views: 892

Re: Am I the Only One That Has Trouble Reading the Vanguard Online Entries

Here is how I think it works ... Look at the balances and holdings page for an account. There is an "available balance" number. Under that there is a breakdown of what that balance consists of. It has two components: Vanguard Federal Money Market Fund (Settlement fund), and Total credits and debits....
by bertilak
Mon May 07, 2018 12:02 pm
Forum: Investing - Theory, News & General
Topic: NAME for the MPT or CAPM-based diagram with the hyperbola and tangent line?
Replies: 114
Views: 6687

Re: NAME for the MPT or CAPM-based diagram with the hyperbola and tangent line?

So that pretty much says the target date funds I am aware of are doing it all wrong. DFA in their target date funds (TDFs) are basically following the separation property. Once the investor is about age 50 the TDF funds ditch nominal bond funds and replace them with ST & LT TIPS funds that roughly ...
by bertilak
Mon May 07, 2018 11:57 am
Forum: Personal Consumer Issues
Topic: AMC Movie Theaters -- typical OR not?
Replies: 61
Views: 4579

Re: AMC Movie Theaters -- typical OR not?

rgs92 wrote:
Mon May 07, 2018 11:45 am
I find movie-theater sound way too loud.
I find it overly loud as well, but the quality of the sound is hard to beat.
by bertilak
Mon May 07, 2018 11:04 am
Forum: Investing - Theory, News & General
Topic: NAME for the MPT or CAPM-based diagram with the hyperbola and tangent line?
Replies: 114
Views: 6687

Re: NAME for the MPT or CAPM-based diagram with the hyperbola and tangent line?

nisiprius wrote:
Mon May 07, 2018 10:42 am
Bertilak, I didn't understand that, either, but see camontgo's illustrations, above, "Why do you need more dimensions for more assets?"
Looks like a scatter chart to me. Doesn't seem to point to any optimal allocation.